5. Strength Weakness
Steady supply of cocoa Unrecognized brand and
Quality guaranteed image
Variety of customers
Opportunity Threats Uncertainty of
Unique products Probability of market reaction
trendy and fusion products price competition to new product
pioneer of the new market
Agglomeration in Festival walk
many brands sell chocolates in
Cluster effect maximize
potential customers
6. Target market
Purchase for special Purchase on
occasion regular basis
Explorer Reformer Succeeder Struggler Mainstreamer Aspirer Resigned
High Middle Low
income income income
7.
8. Product
Core product:
Flower chocolate
Dark chocolate series
Milk chocolate series
Facilitating product
Service for personalized flavor
9. Price
Internal Factors
Positioning
High Quality High Income
Product-Quality Leadership
excellent service and product . cover the cost.
Cost
High rent. Decoration + Flower
Marketing Mix Strategies
promotion and distribution. advertising costs.
10. 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
11. Price
Pricing Approach
Prestige Pricing
luxurious and elegant High Price
strength 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
13. Place
Shops: located at Festival Walk
middle income residential area
gathers a group of our target customer
enjoy economies of agglomeration
14. 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
15. Place
Internet:
our most important distribution channel, not limit by
geographical boundary
company website
online shopping system
social networking sites
19. 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
20. Brought to you by……
GROUP C
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
Thank you!