10. Opportunity
Unique products
unlike any others
trendy and fusion products
pioneer of the new market
Agglomeration in Festival walk
many brands sell chocolates in Festival Walk
Cluster effect maximize potential customers
13. Customer Analysis
Target market
Purchase for special Purchase on
occasion regular basis
Explorer Reformer Succeeder Struggler Mainstreamer Aspirer Resigned
High Middle Low
income income income
14.
15. Product
Core product:
Flower chocolate
Dark chocolate series
Milk chocolate series
Facilitating product
Service for personalized flavor
16. Price
Internal Factors
Positioning
High Quality High Income Customer
Product-Quality Leadership
excellent service and product the cost.
Cost
High rent + Decoration + Fresh Flower
Marketing Mix Strategies
promotion and distribution. advertising costs.
17. Price
External Factors
Price Elasticity of Demand of our Target Customers
price inelastic
Competitors’ Pricing Strategies
price at relatively higher provide high-end and luxurious
product and service
18. Price
Pricing Approach
Prestige Pricing
price high luxurious and elegant
strengthen market position + establish brand name.
Price-Adjustment Strategies
seasonal discounts in low season to attract more customers.
Bulk Purchase Discounts
Discounts offer bulky. Attract purchase increase revenue
19. Place
refers to the SHOP
distribution channel of
our business concept.
OFFICE
INTERNET
20. Place
Shops: located at Festival Walk
middle income residential area
gathers a group of our target customer
enjoy economies of agglomeration
21. Place
Office: located at Tsim Sha Tsui,
highly accessible
perform as the ‘central business district’ of Kowloon
brain of a company: market research, negotiation with
stakeholders & answer enquires
22. Place
Internet:
our most important distribution channel, not limit by
geographical boundary
company website
online shopping system
social networking sites
26. Milestone Advertisement
as promotion
5-months
continuously
Training
Market research Workshop
12/6 – 12/7
Official website
One-month Opening Ceremony
Facebook Fan Page
Recruitment Online Ads
27. Brought to you by……
CHEN NGAI LUNG Alan, 11041629D
CHIANG LOK HANG Charles, 11202770D
CHIU TSZ TING Raky, 11029114D
IP KA HEI Aimen, 11117739D
SIU PO CHEUNG Steven, 11150818D