SlideShare a Scribd company logo
1 of 15
Download to read offline
Report on a Business Plan
Submitted by:
Name: ID:
Md. Najmul Huda 1130849030
Najnin Sultana 1230274030
Iffat Ara 1110647030
Eleyas Mahbub Rifat 1130681030
Abu Sayeed Chowdhury 1120832030
Mkt460, Section: 2
Submitted to:
Samy Ahmed, Lecturer,
School of Business, North South University.
1 | P a g e
Letter of Transmittal:
August 1, 2015
Samy Ahmed
Lecturer, School of Business
North South University.
Dear Sir,
We would like to give special thanks to you for giving us the opportunity to do this project and
helping us a lot about this project. We have tried our best to do this report with due sincerity.
Despite some limitation we have tried to complete the project accurately.
Should you have any further enquiry concerning any additional information we would be very
pleased to clarify that. Thank you.
Sincerely Yours,
Md. Najmul Huda________________
Najnin Sultana__________________
Eleyas Mahbub Rifat_____________
Iffat Ara_____________
Abu Sayeed Chowdhury_____________
2 | P a g e
Acknowledgement:
First of all we would like to give thanks to Allah for giving us the ability to complete the project
properly. Only for the grace of almighty Allah, we could prepare the assignment.
Then we want to express our warmest thanks to our honorable instructor Samy Ahmed, Faculty
member, School of Business, North South University. With his help it has become possible to
complete this project. We are really grateful to him for his special co-operation and support. His
helpful advices inspired us to do this project. His proper guidance helps us to learn about this
project. Actually his contribution to us can‟t be measured; he gave support each and every time
with very friendly manner that can‟t be expressed in word. We are really very grateful to him.
We have done this project within a very short time. If it has any error or fault then we are
praying apology for this.
3 | P a g e
Table of Contents
Mission statement: .......................................................................................................................... 6
Location (Place):............................................................................................................................. 6
Budget plan:.................................................................................................................................... 6
Pricing strategy: .............................................................................................................................. 7
Positioning: ..................................................................................................................................... 7
Market segmentation and Target Group Analysis: ......................................................................... 8
Market opportunity analysis (MOA): ............................................................................................. 9
Market Demand:.......................................................................................................................... 9
Market Forecast:.......................................................................................................................... 9
Market potential: ......................................................................................................................... 9
Company Demand:...................................................................................................................... 9
Integrated Marketing Communication(IMC):............................................................................... 10
Sales promotion..................................................................................................................... 10
Discount................................................................................................................................. 10
Contest................................................................................................................................... 11
Quantity Deals........................................................................................................................... 11
Couponing................................................................................................................................. 11
Loyalty Program........................................................................................................................ 12
Event Marketing........................................................................................................................ 12
Direct Marketing ....................................................................................................................... 12
Internet Marketing ........................................................................................................................ 13
Website.................................................................................................................................. 13
Social Media.............................................................................................................................. 13
Pop-Ups/Pop-Under .................................................................................................................. 13
4 | P a g e
Executive Summary:
We want to launch a hangout place named where our customer can and sit and
gossip with their friends. We will introduce a new coffee flavored ice-cream which is the
combination of coffee and ice-cream. That means we will provide ice-cream that contains coffee
flavor. As this ice-cream is new in Bangladesh so we think we can create a good demand for this
product. We will primarily focus to NSU and IUB students who love coffee and ice-cream. As it
is a hangout place so those who want a hangout place they will also considered as our target
group.
We have estimated that we primarily invest 2 million taka to launch this business and if we can
get good feedback from customer we will be able to make 4,000 BDT profit per day. As a result
we will be able to get our return on investment within one and half years.
We will try to create a good positioning in customers‟ mind so that we can create a good value
for our brand. Our positioning will be We will try
our level best to give unique taste to our customer.
Because of different time schedule many NSU and IUB students get bore and look for hangout
place. We will take that scope as our opportunity. We will provide well decorated hangout place
where they can sit and chill with their friends. So , we think it will create good demand for our
company as well as our product. We also see good potentials in marketplace.
We will use integrated marketing communication (IMC) to promote our business so that our
customer came to know our café easily. We will use discount, contest, coupon, quality deals,
loyalty programs, event marketing, direct marketing as our promotional tool in different
situation. We will have a website page and page on Facebook so that customer can easily find us
and access our information.
5 | P a g e
Introduction:
We want to launch a hangout place where our customers can sit, gossip and pass time. We will
also launch a different type of ice-cream there so that our customers can pass their time having
ice-cream. The Ice-cream will be coffee flavored ice-cream. It‟s completely new flavored ice-
cream which will be available in our cafe. We will make this ice-cream specially for those
people who like coffee and ice-cream. The name of our café is
We select this name because we will provide coffee flavor in ice-cream. That‟s why its name is
coffee cream.
6 | P a g e
Mission statement:
Our mission statement will be ‘Make you feel a different taste.’
Business plan:
Location (Place):
We will select „300 fee in Bashundhara‟ as location for our business cafe. Because it is good
place where people especially students can go for hangout with their friends. It has a good
natural view. Another most important reason to select this place is it is not too far from our target
group (TG).
Budget plan:
Initially we will buy two ice-cream making machine.
7 | P a g e
Description: Cost:
Ice-cream making machine ( 2 pcs) 1,000,000 BDT
Decoration and furniture 400,000 BDT
Rent and advance 300,000 BDT
Marketing investment 300,000 BDT
Total 2,000,000 BDT
Pricing strategy:
We will use value based pricing strategy for our business. We will try to create a value for our
ice-cream as it will be completely new in ice-cream industry. We will fix 60 BDT for a ice-
cream. Our estimated revenue plan per day is mentioned below:
Day basis revenue plan:
Revenue (60*200) 12,000 BDT
Cost (40*200) (8,000) BDT
Profit 4,000 BDT
Estimated revenue per month: 110,000 BDT
Estimated time to reach break-even point: One and half years.
Marketing plan:
Positioning:
We will try to flourish an unique taste in ice-cream. That will help us to differentiate our product
from our competitors those who sell ordinary ice-cream only. Our positioning will be
. We will hardly try to make the taste unique so that customer
like it and can recall our brand during usage situation (At the time when they want ice-cream).
8 | P a g e
That means we will give such different taste to our customer so that once they have it, they will
come again and again to take that different taste.
Market segmentation and Target Group Analysis:
Bases of
segmentation
Characteristics
Demographic
(age)
15-20 21-25 26-30 30+
Occupation Student Service holders Businessman others
Psychographic
(personality)
Extrovert introvert dependable Followers
Benefit Tasty Nutrient value Different flavor Energy giving
9 | P a g e
First we divide market based on some criteria. Then we select our target group from those
segmentation. Those are highlighted are our target group.
Market opportunity analysis (MOA):
Our target customers are mainly NSU and IUB students. There are a lot of students in NSU and
IUB who loves coffee and ice-cream. Some on them also want a place where they can sit and
gossip with their friends. We will take their interest as our opportunity. We will provide a place
where they can sit and gossip with their friends and can eat their favorite coffee flavored ice-
cream.
Market Demand:
We talked with the coffee stall named „Nescafe coffee stall‟ inside NSU campus. We came to
know that they sell around 500 cup coffees per day. It shows how NSU students love coffee. And
this is summer season so there is huge demand of ice-cream in market. So, we can say that there
will exist good demand for our coffee flavored ice-cream if we can launch it successfully.
Market Forecast:
If we can grab only 50% NSU students from coffee lover group( 500 customers per day), then it
will be around 250 customers per day which will contribute a big amount of revenue in our
business. Apart from that if we can attract 100 or 150 students from IUB to our outlet per day
then it will also contribute a lot in our revenue.
Market potential:
There is huge potential in the market for our ice-cream. We are only one who will provide first
coffee flavored ice-cream in Bangladesh. As result we will also get first mover advantage. These
factors show that there exists a good potential in market for our ice-cream.
Company Demand:
As a student of NSU, we know that our class schedule is different. Someone may have one class
at 8.00 a.m. in the morning and another class may have at 2.40 p.m. Between this gap time
students feel boredom, they want a place for hangout and passing their time. And we will take
that scope as opportunity. We will provide them well decorated hangout space where they can
10 | P a g e
pass their time by gossiping their friends and having ice-cream. It will create demand for our
café that we can mention as company demand.
Integrated Marketing Communication (IMC):
Tagline: “Taste the Difference”
Message: We promise to deliver the different taste in ice-creams.
Sales promotion
Sales promotion refers to short term use of incentives or other promotional activities that
stimulate the customer to buy the product. Sales promotion techniques are very useful because
they bring in:
(a) Short and immediate effect on sale.
(b) Stock clearance is possible with sales promotion.
(c) Sales promotion techniques induce customers as well as distribution channels.
(d) Sales promotion techniques help to win over the competitor.
We will also use some sales promotion tools to promote our ice-cream parlour, stimulating
instant sales for our service and also for creating a buzz in the market.
Discount
We will provide different types of discount for our products. There will be discounts based on
different occasions such Eid, Puja, Christmas day, Pahela Baishakh, Bashonto Utshob etc. There
will be also discounts on special packages in special seasons and these discounts will be limited
for creating buzz in the market and increasing sales.
There are some other discount offers which will be included:
• There will be a couple offer where the couples will get the chance to add an extra flavor
with the ordered one on the top of the ice-cream and the boy will get a free red rose to
impress his lady during some special occasions like valentine‟s day and winter season.
11 | P a g e
• If anyone gives good review in the Facebook group Food Bank, that person will get
lifetime 10% discount.
• If consumers give check in of our place with the photos of our delicious ice-cream, next
day that person will get a waffle for free with the ice-cream.
Contest
Some people are extremely in love with coffee and focusing on those customers we will arrange
a Facebook contest where by liking our Facebook page they will express their love for coffee and
among them we will choose three participants who will be able to express most beautifully and
every person will get a beautiful coffee mug along with their photo and name and they will also
get 375gm imported coffee. While participating in the events of NSU and IUB during different
occasions, we will arrange some on the spot contest. The contest will be based on some
interesting games for couples, friends and individuals and the winners will get free ice-cream of
their favorite coffee flavor for free. We will arrange a selfie contest during mother's and father's
day. People will upload their selfies with their mother and father along with our ice-cream and
we will choose best three photos who will write the best heart touching captions. These three
people will get free family ice-cream package and we will send it to their home.
Quantity Deals
It refers to offer of extra quantity in a special package at less price or on extra purchase some
quantity free/some free services for example : We will give offer like if anyone purchase our
special package, that person will get a cold coffee for free.
Couponing
Coupons are certificates that provide buyers a saving when they buy specified products. Most of
the consumers love coupons: Coupons may stimulate sales of a mature brand or promote early on
trial of a new brand. As a new brand in ice-cream industry we will also use different types of
coupon packs. There are some renowned schools, colleges and universities here in Bashundhara
who are our target customer and we will distribute our coupons in these places. There will be
12 | P a g e
10% discount if someone come to our ice-cream cafe and show the coupons within the deadline
of the offer. We believe this will definitely create a positive repose in the consumers.
Loyalty Program
For our regular consumers, we will provide membership card and they will get 5% discount
every time they show the card during purchase time for a certain period of time. We will also
take their personal reviews about our products and services as feedback and if any of their
feedbacks proves to be successful for creating awareness, recognition and recall factor of our
business, we will give that customer a lifetime membership card.
Event Marketing
During Pahela Baishakh, Pahela Falgun and other occasions, NSU and IUB organize cultural
functions and these are very popular events. We will participate in these events by decorating a
beautiful stall focusing on the theme of the events along with all our regular and special
offerings. We will enhance the enjoyment by arranging some interesting games for the students
and the name will be "Win and Eat".
Direct Marketing
Nowadays direct marketing has become a very popular IMC tool. We will also use some direct
marketing techniques to reach our target consumer.
• Direct Mail: We will send our consumers direct mail and provide them information
based on their requirements and also some offers.
• Broachers: We will pay some restaurants inside Bashundhara area who don't sell ice-
cream to distribute our broachers.
• Posters: We will distribute posters inside NSU and IUB cafeteria and in front of the
schools, shopping malls and departmental stores of Bashundhara area.
• Banners: People will see our banners along with our address and phone in numbers
around Bashundhara gate and Mahedi Mart.
13 | P a g e
Internet Marketing
Website
We will have our own website which will help our customer to get information easily. We will
design our website based on variations and uniqueness of our ice-creams. In our website we will
provide all information about our ice-cream cost, special offers, upcoming offers etc. We will try
to engage our customer by offering different types of flavors and special services. These types of
activity will help to gain customer attention. For more information we will set up a customer
help line in our website.
Social Media
We will try to create a buzz in the social media to increase our ice-cream cafe popularity, to do
this kind of things we will pay for the advertisement in Facebook and Twitter. We will have
Facebook and Instagram page where we will post our special offers, daily updates, and customer
experience story about our ice-cream and that‟s how we can gain attention of customers. We will
also give our customer special offers if they check in our ice-cream cafe location. We will post
some videos on YouTube and share it on both our Facebook page as well as on our website.
Pop-Ups/Pop-Under
While accessing internet people will see our online advertisement on the screen and our
advertisement will also appear underneath the Web page and will be visible only when the users
leave the page.
Conclusion:
If we can successfully launch this café we think it will be a lucrative business. It will helps the
students to connect with their friends as it is a hangout place. Initially if we get response from
this area we will also expand our business to other location also. We will select those places as
14 | P a g e
our café which is near than the university campus. We have also a plan to launch more different
flavor ice-cream later if we can be successful in our project.

More Related Content

What's hot

Delightful bakery cafe business plan
Delightful bakery cafe business planDelightful bakery cafe business plan
Delightful bakery cafe business planRajThakuri
 
Business Plan (Coffee Shop) presentation
Business Plan (Coffee Shop) presentationBusiness Plan (Coffee Shop) presentation
Business Plan (Coffee Shop) presentationranasorg
 
business plan of coffee house ppt
business  plan of coffee house pptbusiness  plan of coffee house ppt
business plan of coffee house pptsaliha12
 
Business plan for Coffee Shop
Business plan for Coffee ShopBusiness plan for Coffee Shop
Business plan for Coffee ShopCochin University
 
Business plan-Coffee All Day
Business plan-Coffee All DayBusiness plan-Coffee All Day
Business plan-Coffee All DayGagan Dharwal
 
Quality cafe
Quality cafeQuality cafe
Quality cafehighre
 
(Coffee shop business)Palpasa cafe
(Coffee shop business)Palpasa cafe(Coffee shop business)Palpasa cafe
(Coffee shop business)Palpasa cafeNirajan Silwal
 
Business Plan of Coffee Shop
Business Plan of Coffee ShopBusiness Plan of Coffee Shop
Business Plan of Coffee Shopelviracatherin
 
Business plan on Coffee Shop
Business plan on Coffee ShopBusiness plan on Coffee Shop
Business plan on Coffee ShopRishiGovind2
 
coffee shop market ppt
coffee shop market pptcoffee shop market ppt
coffee shop market pptmarket1234
 
Business Plan Presentation
Business Plan PresentationBusiness Plan Presentation
Business Plan PresentationIBS,MUMBAI
 
Restaurant Business Plan
Restaurant Business PlanRestaurant Business Plan
Restaurant Business PlanSamrat Alam
 
Presentation on a business plan
Presentation on a business planPresentation on a business plan
Presentation on a business planIsmam Shawon
 
Small Business Plan for Students, Small Entrepreneur.
Small Business Plan for Students, Small Entrepreneur.Small Business Plan for Students, Small Entrepreneur.
Small Business Plan for Students, Small Entrepreneur.Ramiz Baig
 

What's hot (20)

Coffee shop
Coffee shopCoffee shop
Coffee shop
 
Delightful bakery cafe business plan
Delightful bakery cafe business planDelightful bakery cafe business plan
Delightful bakery cafe business plan
 
Business Plan (Coffee Shop) presentation
Business Plan (Coffee Shop) presentationBusiness Plan (Coffee Shop) presentation
Business Plan (Coffee Shop) presentation
 
business plan of coffee house ppt
business  plan of coffee house pptbusiness  plan of coffee house ppt
business plan of coffee house ppt
 
Business plan for Coffee Shop
Business plan for Coffee ShopBusiness plan for Coffee Shop
Business plan for Coffee Shop
 
Business plan-Coffee All Day
Business plan-Coffee All DayBusiness plan-Coffee All Day
Business plan-Coffee All Day
 
Quality cafe
Quality cafeQuality cafe
Quality cafe
 
Coffee shop
Coffee shopCoffee shop
Coffee shop
 
(Coffee shop business)Palpasa cafe
(Coffee shop business)Palpasa cafe(Coffee shop business)Palpasa cafe
(Coffee shop business)Palpasa cafe
 
Business Plan of Coffee Shop
Business Plan of Coffee ShopBusiness Plan of Coffee Shop
Business Plan of Coffee Shop
 
Business plan on Coffee Shop
Business plan on Coffee ShopBusiness plan on Coffee Shop
Business plan on Coffee Shop
 
coffee shop market ppt
coffee shop market pptcoffee shop market ppt
coffee shop market ppt
 
Business Plan Presentation
Business Plan PresentationBusiness Plan Presentation
Business Plan Presentation
 
Restaurant Business Plan
Restaurant Business PlanRestaurant Business Plan
Restaurant Business Plan
 
Coffee Shop Business Plan
Coffee Shop Business PlanCoffee Shop Business Plan
Coffee Shop Business Plan
 
Business plan PPT
Business plan PPTBusiness plan PPT
Business plan PPT
 
BUSINESS PLAN
BUSINESS PLANBUSINESS PLAN
BUSINESS PLAN
 
Presentation on a business plan
Presentation on a business planPresentation on a business plan
Presentation on a business plan
 
Business plan for a coffee shop
Business plan for a coffee shopBusiness plan for a coffee shop
Business plan for a coffee shop
 
Small Business Plan for Students, Small Entrepreneur.
Small Business Plan for Students, Small Entrepreneur.Small Business Plan for Students, Small Entrepreneur.
Small Business Plan for Students, Small Entrepreneur.
 

Similar to Business plan of coffee flavour ice-cream

Below are the notes from todays meeting.  By Wednesday everyone sh.docx
Below are the notes from todays meeting.  By Wednesday everyone sh.docxBelow are the notes from todays meeting.  By Wednesday everyone sh.docx
Below are the notes from todays meeting.  By Wednesday everyone sh.docxAASTHA76
 
Final Group project.docx
Final Group project.docxFinal Group project.docx
Final Group project.docxKiran Dubb
 
Final Group project.docx
Final Group project.docxFinal Group project.docx
Final Group project.docxKiran Dubb
 
ROOM 2 - Engagement for Performance - Akzonobel
ROOM 2 - Engagement for Performance - AkzonobelROOM 2 - Engagement for Performance - Akzonobel
ROOM 2 - Engagement for Performance - AkzonobelVietnam HR Summit
 
EPA Infrastructure Pvt. Ltd's First Inhouse Journal
EPA Infrastructure Pvt. Ltd's First Inhouse Journal EPA Infrastructure Pvt. Ltd's First Inhouse Journal
EPA Infrastructure Pvt. Ltd's First Inhouse Journal EPA Infrastructure Pvt. Ltd.
 
bus business plan report .docx
bus business plan report .docxbus business plan report .docx
bus business plan report .docxmusadacid17
 
Traditional restaurant by ashutosh
Traditional restaurant by ashutoshTraditional restaurant by ashutosh
Traditional restaurant by ashutoshAshutosh Singh
 
Creating a Coffee Shop
Creating  a Coffee ShopCreating  a Coffee Shop
Creating a Coffee ShopZanab Khan
 
Business plan for_retail_shop
Business plan for_retail_shopBusiness plan for_retail_shop
Business plan for_retail_shopAbdulla chowdhury
 
Franchise in india,pizza franchise business in india | franchise mart
Franchise in india,pizza franchise business in india | franchise martFranchise in india,pizza franchise business in india | franchise mart
Franchise in india,pizza franchise business in india | franchise martFranchiseMart
 
Final proje ct mktng
Final proje ct mktngFinal proje ct mktng
Final proje ct mktngAbid Raza
 

Similar to Business plan of coffee flavour ice-cream (20)

Below are the notes from todays meeting.  By Wednesday everyone sh.docx
Below are the notes from todays meeting.  By Wednesday everyone sh.docxBelow are the notes from todays meeting.  By Wednesday everyone sh.docx
Below are the notes from todays meeting.  By Wednesday everyone sh.docx
 
Coffe tea corner
Coffe tea cornerCoffe tea corner
Coffe tea corner
 
Business plan
Business planBusiness plan
Business plan
 
Hotels
HotelsHotels
Hotels
 
Kadai9
Kadai9Kadai9
Kadai9
 
Easy Memory - Prospectus
Easy Memory - ProspectusEasy Memory - Prospectus
Easy Memory - Prospectus
 
Final Group project.docx
Final Group project.docxFinal Group project.docx
Final Group project.docx
 
Final Group project.docx
Final Group project.docxFinal Group project.docx
Final Group project.docx
 
ROOM 2 - Engagement for Performance - Akzonobel
ROOM 2 - Engagement for Performance - AkzonobelROOM 2 - Engagement for Performance - Akzonobel
ROOM 2 - Engagement for Performance - Akzonobel
 
Friends restaurant
Friends restaurantFriends restaurant
Friends restaurant
 
EPA Infrastructure Pvt. Ltd's First Inhouse Journal
EPA Infrastructure Pvt. Ltd's First Inhouse Journal EPA Infrastructure Pvt. Ltd's First Inhouse Journal
EPA Infrastructure Pvt. Ltd's First Inhouse Journal
 
bus business plan report .docx
bus business plan report .docxbus business plan report .docx
bus business plan report .docx
 
Traditional restaurant by ashutosh
Traditional restaurant by ashutoshTraditional restaurant by ashutosh
Traditional restaurant by ashutosh
 
Creating a Coffee Shop
Creating  a Coffee ShopCreating  a Coffee Shop
Creating a Coffee Shop
 
Ethio indian engida
Ethio indian  engidaEthio indian  engida
Ethio indian engida
 
HRM..
HRM..HRM..
HRM..
 
Business plan for_retail_shop
Business plan for_retail_shopBusiness plan for_retail_shop
Business plan for_retail_shop
 
Franchise in india,pizza franchise business in india | franchise mart
Franchise in india,pizza franchise business in india | franchise martFranchise in india,pizza franchise business in india | franchise mart
Franchise in india,pizza franchise business in india | franchise mart
 
business plan
business planbusiness plan
business plan
 
Final proje ct mktng
Final proje ct mktngFinal proje ct mktng
Final proje ct mktng
 

Business plan of coffee flavour ice-cream

  • 1. Report on a Business Plan Submitted by: Name: ID: Md. Najmul Huda 1130849030 Najnin Sultana 1230274030 Iffat Ara 1110647030 Eleyas Mahbub Rifat 1130681030 Abu Sayeed Chowdhury 1120832030 Mkt460, Section: 2 Submitted to: Samy Ahmed, Lecturer, School of Business, North South University.
  • 2. 1 | P a g e Letter of Transmittal: August 1, 2015 Samy Ahmed Lecturer, School of Business North South University. Dear Sir, We would like to give special thanks to you for giving us the opportunity to do this project and helping us a lot about this project. We have tried our best to do this report with due sincerity. Despite some limitation we have tried to complete the project accurately. Should you have any further enquiry concerning any additional information we would be very pleased to clarify that. Thank you. Sincerely Yours, Md. Najmul Huda________________ Najnin Sultana__________________ Eleyas Mahbub Rifat_____________ Iffat Ara_____________ Abu Sayeed Chowdhury_____________
  • 3. 2 | P a g e Acknowledgement: First of all we would like to give thanks to Allah for giving us the ability to complete the project properly. Only for the grace of almighty Allah, we could prepare the assignment. Then we want to express our warmest thanks to our honorable instructor Samy Ahmed, Faculty member, School of Business, North South University. With his help it has become possible to complete this project. We are really grateful to him for his special co-operation and support. His helpful advices inspired us to do this project. His proper guidance helps us to learn about this project. Actually his contribution to us can‟t be measured; he gave support each and every time with very friendly manner that can‟t be expressed in word. We are really very grateful to him. We have done this project within a very short time. If it has any error or fault then we are praying apology for this.
  • 4. 3 | P a g e Table of Contents Mission statement: .......................................................................................................................... 6 Location (Place):............................................................................................................................. 6 Budget plan:.................................................................................................................................... 6 Pricing strategy: .............................................................................................................................. 7 Positioning: ..................................................................................................................................... 7 Market segmentation and Target Group Analysis: ......................................................................... 8 Market opportunity analysis (MOA): ............................................................................................. 9 Market Demand:.......................................................................................................................... 9 Market Forecast:.......................................................................................................................... 9 Market potential: ......................................................................................................................... 9 Company Demand:...................................................................................................................... 9 Integrated Marketing Communication(IMC):............................................................................... 10 Sales promotion..................................................................................................................... 10 Discount................................................................................................................................. 10 Contest................................................................................................................................... 11 Quantity Deals........................................................................................................................... 11 Couponing................................................................................................................................. 11 Loyalty Program........................................................................................................................ 12 Event Marketing........................................................................................................................ 12 Direct Marketing ....................................................................................................................... 12 Internet Marketing ........................................................................................................................ 13 Website.................................................................................................................................. 13 Social Media.............................................................................................................................. 13 Pop-Ups/Pop-Under .................................................................................................................. 13
  • 5. 4 | P a g e Executive Summary: We want to launch a hangout place named where our customer can and sit and gossip with their friends. We will introduce a new coffee flavored ice-cream which is the combination of coffee and ice-cream. That means we will provide ice-cream that contains coffee flavor. As this ice-cream is new in Bangladesh so we think we can create a good demand for this product. We will primarily focus to NSU and IUB students who love coffee and ice-cream. As it is a hangout place so those who want a hangout place they will also considered as our target group. We have estimated that we primarily invest 2 million taka to launch this business and if we can get good feedback from customer we will be able to make 4,000 BDT profit per day. As a result we will be able to get our return on investment within one and half years. We will try to create a good positioning in customers‟ mind so that we can create a good value for our brand. Our positioning will be We will try our level best to give unique taste to our customer. Because of different time schedule many NSU and IUB students get bore and look for hangout place. We will take that scope as our opportunity. We will provide well decorated hangout place where they can sit and chill with their friends. So , we think it will create good demand for our company as well as our product. We also see good potentials in marketplace. We will use integrated marketing communication (IMC) to promote our business so that our customer came to know our café easily. We will use discount, contest, coupon, quality deals, loyalty programs, event marketing, direct marketing as our promotional tool in different situation. We will have a website page and page on Facebook so that customer can easily find us and access our information.
  • 6. 5 | P a g e Introduction: We want to launch a hangout place where our customers can sit, gossip and pass time. We will also launch a different type of ice-cream there so that our customers can pass their time having ice-cream. The Ice-cream will be coffee flavored ice-cream. It‟s completely new flavored ice- cream which will be available in our cafe. We will make this ice-cream specially for those people who like coffee and ice-cream. The name of our café is We select this name because we will provide coffee flavor in ice-cream. That‟s why its name is coffee cream.
  • 7. 6 | P a g e Mission statement: Our mission statement will be ‘Make you feel a different taste.’ Business plan: Location (Place): We will select „300 fee in Bashundhara‟ as location for our business cafe. Because it is good place where people especially students can go for hangout with their friends. It has a good natural view. Another most important reason to select this place is it is not too far from our target group (TG). Budget plan: Initially we will buy two ice-cream making machine.
  • 8. 7 | P a g e Description: Cost: Ice-cream making machine ( 2 pcs) 1,000,000 BDT Decoration and furniture 400,000 BDT Rent and advance 300,000 BDT Marketing investment 300,000 BDT Total 2,000,000 BDT Pricing strategy: We will use value based pricing strategy for our business. We will try to create a value for our ice-cream as it will be completely new in ice-cream industry. We will fix 60 BDT for a ice- cream. Our estimated revenue plan per day is mentioned below: Day basis revenue plan: Revenue (60*200) 12,000 BDT Cost (40*200) (8,000) BDT Profit 4,000 BDT Estimated revenue per month: 110,000 BDT Estimated time to reach break-even point: One and half years. Marketing plan: Positioning: We will try to flourish an unique taste in ice-cream. That will help us to differentiate our product from our competitors those who sell ordinary ice-cream only. Our positioning will be . We will hardly try to make the taste unique so that customer like it and can recall our brand during usage situation (At the time when they want ice-cream).
  • 9. 8 | P a g e That means we will give such different taste to our customer so that once they have it, they will come again and again to take that different taste. Market segmentation and Target Group Analysis: Bases of segmentation Characteristics Demographic (age) 15-20 21-25 26-30 30+ Occupation Student Service holders Businessman others Psychographic (personality) Extrovert introvert dependable Followers Benefit Tasty Nutrient value Different flavor Energy giving
  • 10. 9 | P a g e First we divide market based on some criteria. Then we select our target group from those segmentation. Those are highlighted are our target group. Market opportunity analysis (MOA): Our target customers are mainly NSU and IUB students. There are a lot of students in NSU and IUB who loves coffee and ice-cream. Some on them also want a place where they can sit and gossip with their friends. We will take their interest as our opportunity. We will provide a place where they can sit and gossip with their friends and can eat their favorite coffee flavored ice- cream. Market Demand: We talked with the coffee stall named „Nescafe coffee stall‟ inside NSU campus. We came to know that they sell around 500 cup coffees per day. It shows how NSU students love coffee. And this is summer season so there is huge demand of ice-cream in market. So, we can say that there will exist good demand for our coffee flavored ice-cream if we can launch it successfully. Market Forecast: If we can grab only 50% NSU students from coffee lover group( 500 customers per day), then it will be around 250 customers per day which will contribute a big amount of revenue in our business. Apart from that if we can attract 100 or 150 students from IUB to our outlet per day then it will also contribute a lot in our revenue. Market potential: There is huge potential in the market for our ice-cream. We are only one who will provide first coffee flavored ice-cream in Bangladesh. As result we will also get first mover advantage. These factors show that there exists a good potential in market for our ice-cream. Company Demand: As a student of NSU, we know that our class schedule is different. Someone may have one class at 8.00 a.m. in the morning and another class may have at 2.40 p.m. Between this gap time students feel boredom, they want a place for hangout and passing their time. And we will take that scope as opportunity. We will provide them well decorated hangout space where they can
  • 11. 10 | P a g e pass their time by gossiping their friends and having ice-cream. It will create demand for our café that we can mention as company demand. Integrated Marketing Communication (IMC): Tagline: “Taste the Difference” Message: We promise to deliver the different taste in ice-creams. Sales promotion Sales promotion refers to short term use of incentives or other promotional activities that stimulate the customer to buy the product. Sales promotion techniques are very useful because they bring in: (a) Short and immediate effect on sale. (b) Stock clearance is possible with sales promotion. (c) Sales promotion techniques induce customers as well as distribution channels. (d) Sales promotion techniques help to win over the competitor. We will also use some sales promotion tools to promote our ice-cream parlour, stimulating instant sales for our service and also for creating a buzz in the market. Discount We will provide different types of discount for our products. There will be discounts based on different occasions such Eid, Puja, Christmas day, Pahela Baishakh, Bashonto Utshob etc. There will be also discounts on special packages in special seasons and these discounts will be limited for creating buzz in the market and increasing sales. There are some other discount offers which will be included: • There will be a couple offer where the couples will get the chance to add an extra flavor with the ordered one on the top of the ice-cream and the boy will get a free red rose to impress his lady during some special occasions like valentine‟s day and winter season.
  • 12. 11 | P a g e • If anyone gives good review in the Facebook group Food Bank, that person will get lifetime 10% discount. • If consumers give check in of our place with the photos of our delicious ice-cream, next day that person will get a waffle for free with the ice-cream. Contest Some people are extremely in love with coffee and focusing on those customers we will arrange a Facebook contest where by liking our Facebook page they will express their love for coffee and among them we will choose three participants who will be able to express most beautifully and every person will get a beautiful coffee mug along with their photo and name and they will also get 375gm imported coffee. While participating in the events of NSU and IUB during different occasions, we will arrange some on the spot contest. The contest will be based on some interesting games for couples, friends and individuals and the winners will get free ice-cream of their favorite coffee flavor for free. We will arrange a selfie contest during mother's and father's day. People will upload their selfies with their mother and father along with our ice-cream and we will choose best three photos who will write the best heart touching captions. These three people will get free family ice-cream package and we will send it to their home. Quantity Deals It refers to offer of extra quantity in a special package at less price or on extra purchase some quantity free/some free services for example : We will give offer like if anyone purchase our special package, that person will get a cold coffee for free. Couponing Coupons are certificates that provide buyers a saving when they buy specified products. Most of the consumers love coupons: Coupons may stimulate sales of a mature brand or promote early on trial of a new brand. As a new brand in ice-cream industry we will also use different types of coupon packs. There are some renowned schools, colleges and universities here in Bashundhara who are our target customer and we will distribute our coupons in these places. There will be
  • 13. 12 | P a g e 10% discount if someone come to our ice-cream cafe and show the coupons within the deadline of the offer. We believe this will definitely create a positive repose in the consumers. Loyalty Program For our regular consumers, we will provide membership card and they will get 5% discount every time they show the card during purchase time for a certain period of time. We will also take their personal reviews about our products and services as feedback and if any of their feedbacks proves to be successful for creating awareness, recognition and recall factor of our business, we will give that customer a lifetime membership card. Event Marketing During Pahela Baishakh, Pahela Falgun and other occasions, NSU and IUB organize cultural functions and these are very popular events. We will participate in these events by decorating a beautiful stall focusing on the theme of the events along with all our regular and special offerings. We will enhance the enjoyment by arranging some interesting games for the students and the name will be "Win and Eat". Direct Marketing Nowadays direct marketing has become a very popular IMC tool. We will also use some direct marketing techniques to reach our target consumer. • Direct Mail: We will send our consumers direct mail and provide them information based on their requirements and also some offers. • Broachers: We will pay some restaurants inside Bashundhara area who don't sell ice- cream to distribute our broachers. • Posters: We will distribute posters inside NSU and IUB cafeteria and in front of the schools, shopping malls and departmental stores of Bashundhara area. • Banners: People will see our banners along with our address and phone in numbers around Bashundhara gate and Mahedi Mart.
  • 14. 13 | P a g e Internet Marketing Website We will have our own website which will help our customer to get information easily. We will design our website based on variations and uniqueness of our ice-creams. In our website we will provide all information about our ice-cream cost, special offers, upcoming offers etc. We will try to engage our customer by offering different types of flavors and special services. These types of activity will help to gain customer attention. For more information we will set up a customer help line in our website. Social Media We will try to create a buzz in the social media to increase our ice-cream cafe popularity, to do this kind of things we will pay for the advertisement in Facebook and Twitter. We will have Facebook and Instagram page where we will post our special offers, daily updates, and customer experience story about our ice-cream and that‟s how we can gain attention of customers. We will also give our customer special offers if they check in our ice-cream cafe location. We will post some videos on YouTube and share it on both our Facebook page as well as on our website. Pop-Ups/Pop-Under While accessing internet people will see our online advertisement on the screen and our advertisement will also appear underneath the Web page and will be visible only when the users leave the page. Conclusion: If we can successfully launch this café we think it will be a lucrative business. It will helps the students to connect with their friends as it is a hangout place. Initially if we get response from this area we will also expand our business to other location also. We will select those places as
  • 15. 14 | P a g e our café which is near than the university campus. We have also a plan to launch more different flavor ice-cream later if we can be successful in our project.