10 STEPMarketing Plan for Restor-FCristal Ann G. LaquindanumNovember 2007
5 Steps for Part 1(PTM and Positioning)Restor-F PTM are highly functioning, active, health conscious adultsWho want to boost their mental & physical function Can choose Enervon, Centrum, and ClusivolGap is all others are low costThe market sizeof vitamin supplement is PhP3B. Restor-F niche is PhP15M
5 Steps for Part 2(Marketing Mix & Strategy)Restor-Fsoftgel capsuleIs 60% premiumUses TV, print, membership packagesIs distributed nationwideUses a niche the best among the rest
Positioning to the Primary Target MarketPart 1:Steps 1 to 5
1. Restor-F primary target market (PTM) are the active and health consciousDemographics: Restor-F’s PTM are 13 years old and above, M/F, social class ABC, single or married
Lifestyle: active functioning adults, health conscious who wants to fight off diseases
Behavior: everyday energy boost, quality product with more formulations2. My PTM’s NWE
2. My PTM’s NWEI will be develop into my best self If I am healthyI’m at the top of my game if I am healthy
2. My PTM’s NWEActive, highly functional adults need…Self-development, recognition, status Active adults choose Restor-F over other vitamin supplement because of…More vitamins and nutrients in its formulation, added health boost, qualityActive adults expect these when they take Restor-F…More vigor and stamina, boost mental and physical function, increase natural resistance to disease and stress 3a. Restor-F has many formidable competitorsDirect: Centrum, Clusivol, Enervon, Stresstabs, etc.
Indirect: Gym packages, diet pills/drinks/food, health drinks, healthy lifestlye
Variables: age, price, packaging, availability, brand, product mix3b. Competitive Position MapPrice vs. Quantity and Quality of FormulationCLUSIVOLCENTRUMENERVONRESTOR-F
4. Restor-F positions strongly in a niche market opportunityRestor-F is the FIRSTand ONLY multivitamin and mineral preparation with a COMPREHENSIVE combination of
TaurineChlorella, Ginseng, Rutin, Folic Acid and Lecithin
This formulation enhances vigor and stamina, increases body’s resistance, and improves body and mind function5a. Based on data, vitamin supplement market is PhP3 billion
5b. Based on Folaresdata, where Restor-F share is25%, total market size isPhP1.5 billionFolaresPhilippine data: Restor-F sales is PhP15M
Folares market share probably is 1%
Then total vitamin supplement market size is Php15million / 0.01 = PhP 1.5 billion5c. Consumer data indicates a size of PhP 3.6 billionVitamins Usage:20 million Filipinos take vitamin supplement once a day which costs around PhP5.00 per capsule/tablet
20 million x 1 x PhP5.00 x 365 = PhP3.6 billion5. Concluded that vitamin supplement market is PhP3 billionCompetitor data = PhP 3 B  Company data = PhP 1.5 B Usage data = PhP 3.6 B
The Marketing Mix StrategyPart 2:Steps 6 to 10
6a. Vitamin supplement category is dominated by 3 major brands
6b. Product descriptionRestor-F is a the first and only multivitamin and mineral preparation with a COMPREHENSIVE combination of … for vigor and stamina to support active functioning in adults and help restore efficient performance in conditions suggestive of declining mental and physical function. It enhances recuperative power and aids to increase resistance to disease and stress.
It is sold in 2 packages (30s and 100s)
Taken one softgel capsule daily 7. Restor-F is 60% premium priced in affordable packs Pack of 30 = P516.09Pack of 100 = P1720.29Restor-F is priced 60% higher than the three vitamins supplement in the market with the aim of maximizing profits in its niche.
8a. PromoThe best for my health.
8a. PromoThe best for my health.
8a. PromoThe best for my health.
8b. Competitor promoMas energy mas happy.I want to be complete.Bawalmagkasakit.
9. Restor-F is distributed nationwide in partnership with other health-related products Drugstores, spas, gyms, fitness centers
Nationwide

10 step Marketing Plan Restor-F

  • 1.
    10 STEPMarketing Planfor Restor-FCristal Ann G. LaquindanumNovember 2007
  • 2.
    5 Steps forPart 1(PTM and Positioning)Restor-F PTM are highly functioning, active, health conscious adultsWho want to boost their mental & physical function Can choose Enervon, Centrum, and ClusivolGap is all others are low costThe market sizeof vitamin supplement is PhP3B. Restor-F niche is PhP15M
  • 3.
    5 Steps forPart 2(Marketing Mix & Strategy)Restor-Fsoftgel capsuleIs 60% premiumUses TV, print, membership packagesIs distributed nationwideUses a niche the best among the rest
  • 4.
    Positioning to thePrimary Target MarketPart 1:Steps 1 to 5
  • 5.
    1. Restor-F primarytarget market (PTM) are the active and health consciousDemographics: Restor-F’s PTM are 13 years old and above, M/F, social class ABC, single or married
  • 6.
    Lifestyle: active functioningadults, health conscious who wants to fight off diseases
  • 7.
    Behavior: everyday energyboost, quality product with more formulations2. My PTM’s NWE
  • 8.
    2. My PTM’sNWEI will be develop into my best self If I am healthyI’m at the top of my game if I am healthy
  • 9.
    2. My PTM’sNWEActive, highly functional adults need…Self-development, recognition, status Active adults choose Restor-F over other vitamin supplement because of…More vitamins and nutrients in its formulation, added health boost, qualityActive adults expect these when they take Restor-F…More vigor and stamina, boost mental and physical function, increase natural resistance to disease and stress 3a. Restor-F has many formidable competitorsDirect: Centrum, Clusivol, Enervon, Stresstabs, etc.
  • 10.
    Indirect: Gym packages,diet pills/drinks/food, health drinks, healthy lifestlye
  • 11.
    Variables: age, price,packaging, availability, brand, product mix3b. Competitive Position MapPrice vs. Quantity and Quality of FormulationCLUSIVOLCENTRUMENERVONRESTOR-F
  • 12.
    4. Restor-F positionsstrongly in a niche market opportunityRestor-F is the FIRSTand ONLY multivitamin and mineral preparation with a COMPREHENSIVE combination of
  • 13.
    TaurineChlorella, Ginseng, Rutin,Folic Acid and Lecithin
  • 14.
    This formulation enhancesvigor and stamina, increases body’s resistance, and improves body and mind function5a. Based on data, vitamin supplement market is PhP3 billion
  • 15.
    5b. Based onFolaresdata, where Restor-F share is25%, total market size isPhP1.5 billionFolaresPhilippine data: Restor-F sales is PhP15M
  • 16.
    Folares market shareprobably is 1%
  • 17.
    Then total vitaminsupplement market size is Php15million / 0.01 = PhP 1.5 billion5c. Consumer data indicates a size of PhP 3.6 billionVitamins Usage:20 million Filipinos take vitamin supplement once a day which costs around PhP5.00 per capsule/tablet
  • 18.
    20 million x1 x PhP5.00 x 365 = PhP3.6 billion5. Concluded that vitamin supplement market is PhP3 billionCompetitor data = PhP 3 B Company data = PhP 1.5 B Usage data = PhP 3.6 B
  • 19.
    The Marketing MixStrategyPart 2:Steps 6 to 10
  • 20.
    6a. Vitamin supplementcategory is dominated by 3 major brands
  • 21.
    6b. Product descriptionRestor-Fis a the first and only multivitamin and mineral preparation with a COMPREHENSIVE combination of … for vigor and stamina to support active functioning in adults and help restore efficient performance in conditions suggestive of declining mental and physical function. It enhances recuperative power and aids to increase resistance to disease and stress.
  • 22.
    It is soldin 2 packages (30s and 100s)
  • 23.
    Taken one softgelcapsule daily 7. Restor-F is 60% premium priced in affordable packs Pack of 30 = P516.09Pack of 100 = P1720.29Restor-F is priced 60% higher than the three vitamins supplement in the market with the aim of maximizing profits in its niche.
  • 24.
    8a. PromoThe bestfor my health.
  • 25.
    8a. PromoThe bestfor my health.
  • 26.
    8a. PromoThe bestfor my health.
  • 27.
    8b. Competitor promoMasenergy mas happy.I want to be complete.Bawalmagkasakit.
  • 28.
    9. Restor-F isdistributed nationwide in partnership with other health-related products Drugstores, spas, gyms, fitness centers
  • 29.