2014
Team BUNNY
Trần Thùy Linh
Trần T. Hoài Thương
Nguyễn T. Thanh Thủy
Đào Thanh Hằng
Nguyễn Như Quỳnh
[ ECO-BATH MARKETING PLAN]
WATER-SAVING PRODUCTS
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
1 | P a g e T e a m B U N N Y
Table of Contents
I. Executive Summary.................................................................................2
II. Current Facts ............................................................................................3
III. Market and Customer Analysis ...........................................................4
IV. Company Analysis................................................................................5
A. SWOT Analysis ....................................................................................5
B. Competitor Analysis .............................................................................6
V. Marketing Objectives ..............................................................................7
VI. Market Segmentation............................................................................8
VII. Marketing Mix.......................................................................................9
VIII. Budget: .................................................................................................12
IX. Implementation Plan...........................................................................12
X. Evaluation and Control..........................................................................14
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
2 | P a g e T e a m B U N N Y
I. Executive Summary
Water may cover the globe, but the world’s water resource is limited related
to human demand, causing what the United Nations and others have defined as a
global water crisis. In order to raise people awareness about saving water in
Vietnam, our ECO-BATH company is going to introduce a new saving-water
productinto the Vietnam market. This productis created by the South Korean
designer Jang Woo-Seok, innovative Eco Bath system is a dual water-tank
designed primarily to recycle water rolling down from a washbasin.
This report firstly gives some current circumstances about water in the
world; then is the further market and customer analysis which includes market size,
market growth, market needs and market trends. The report then provides our
company analysis - SWOT and marketing objectives such as: changing the
consumer’s attitude of saving water in order to save the environment; providing
productawareness of Eco Bath to target customer; expecting the gross sale rises to
one hundred million a month in the first year. It also includes our marketing-mix
which consists of product, price, place and promotion. Lastly are our
implementation plan, evaluation and control for this project.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
3 | P a g e T e a m B U N N Y
II. Current Facts
Fresh water is a renewable resource; however, we need to balance between the
amount of reserves and re-creation in using fresh water. Human, animals or plants
cannot survive without water so the lack of fresh water has been and are going to
be more serious in the future, even it is threaten for the lives of hundreds of
millions of people around the world.
In general, the way people use water is quite a huge waste because they think that
water is cheap and an endless resource. In the world, it is about 25 million people
died because of lacking fresh water in every year. It is estimated that by 2020
about 40% of humanity will live in areas of scarce water. About 1,4 billion of
people in mainly Asia or Africa is not able to access fresh water and 3 million of
children died becauseof lacking fresh water each year.(International Conference
on Water Week in Stockholm , Sweden Typically 22-26/8/2005 ).
In Vietnam, about 62.5 % of water is from the territory of other countries in the
upper flow. The amount of water from Vietnam territory remains about 37.5 %.
Therefore, the amount of water is not very much, especially during the dry season;
the countries in upper flow increase their demand of using water. While
underground water reserves in Vietnam is at average level compared to other
countries in the world. In big cities like: Hanoi, Haiphong, HoChiMinh city, the
percentage of people who can use fresh water is about 60-70%, when this rate in
rural areas just reaches 30-40%.
In the future, in order to have fresh water to use and face the issue of lacking water
in daily activities, people need to enhance their awareness of saving water.
According to these facts, my company comes with a creative productthat is called
Innovative Eco Bath System to help people to save water.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
4 | P a g e T e a m B U N N Y
III.Market and Customer Analysis
1. Marketsize
Our potential customers who have the willingness and ability to buy our products
to save water are all households or business institutions (companies) live or locate
in Hanoi and Ho Chi Minh City areas. Because in almost these areas people tend to
use modern furniture to create a professional and modern space, even try to follow
the government policy about saving water.
2. Marketgrowth
After launching Innovative Eco Bath System as a potential product, we will start in
small market that is all households in Hanoi and Ho Chi Minh City. From this market,
we will try to collect the respond or opinions of customer to improve our products/
services quality and then access new market. After high market growth rates, we
extend our market to a larger market that are organizations or companies in the
suburban areas of Hanoi and Ho Chi Minh City.
3. Market needs
Firstly, our customers' needs a product with a reasonable price. Secondly, because
they also want to save water, so our design allow to recycle water rolling down from a
washbasin that will be use to flush the toilet. Finally, they want a product with simple
and modern product that can save the space in their bathroom.
4. Market trends
We realized that customers are paying more attention on the method to save water.
Since, due to Hanoi Water Supply Company, there are many difficulties in water
supplying in summer 2014. Because the consequences of broken pipeline of water on
recently time that took over 72 hours to repair. Also, the underground water are going
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
5 | P a g e T e a m B U N N Y
to decline 4-6% while the domestic demand is expected to increase 3-4% that may
lead to lack of fresh water for the whole Hanoi areas.
IV. Company Analysis
A. SWOT Analysis
Internal Factors
a, Strengths:
When producing a very new productwhich has not appeared in Vietnam market,
our company has reputation as an eco company. Our company also has a group of
energetic and flexible employees which means they are easy to adoptchanges.
Besides, we have suppliers who provide to us low – costmaterials while using
modern technology. It helps us to reduce production costand be able to set a
suitable price.
b, Weaknesses:
However, being a new company also a weakness since customers are more familiar
with other competitors’ product. Our employees are still young and not so
experienced. Besides, we do not have strong capital like our competitors.
External Factors
c, Opportunities
Currently, people are more concerned about environmental problems; therefore, an
eco productwill be more attractive. Furthermore, the economic conditions are
unstable so people tend to save money and do not spend much. Our company may
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
6 | P a g e T e a m B U N N Y
have the supportfrom some environmental organizations because we produceEco
Bath System to reuse recycle water for saving water.
d, Threats
Our competitors have strong capital and have been in this market for years. They
are very competitive and flexible to deal with us. Moreover, other companies will
see that trend in customers’ behavior which is buy eco and saving product;then
they will try to enter this market.
B. Competitor Analysis
1, Inax
Inax has the productline of faucets, sink and toilet bowl with luxury design
and elegant forms. Therefore, it brings a convient atmostphere privately, perfectly.
Moreover, they ensure that their products will bring the feeling of relax and
peaceful for the customers. The materials are also warranted about the quality.
2, Toto
Toto provides products offaucets, toilet bowl and sink with sample and
sophisticated design that is suitable for bothurban areas, suburban areas or rural
areas. Toto trend is making the design become more and more simple but it still
creates courteous spacein customers' bathroom. Toto's productis using popular in
Vietnam market.
After all, these two competitors have years of establishment and development.
They know the customers and are able to provide more choices for customers.
Therefore, in order to deal with them; we have to forecast all the changes in the
market to take an initial action if we want to survive.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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V. Marketing Objectives
1. Changing the consumer’s attitude of saving waterin order to save the
environment.
Even though fresh water is a sustainable resource; we should protect the water
environment to meet current and future human demand because water is essential
to our life. Saving water does not only reduce the amount of water used in
unnecessary things, but also recycle the usage water. According to Mr.
Dhanabalan, individual house owners can set up recycling plants inside their
premises. “The water used in the kitchen and bathroom could be separated from
the sewage, recycled and used to fill flush tanks and watering the plants. People
must be willing to spend for it,” he said.
2. Providing product awarenessofEco Bath among targetcustomer.
Our main productis Eco Bath which is created by Jang Woo-Seok, South Korean
designer. Innovative Eco Bath system is a dual flush water-tank designed primarily
to recycle water which has been using from a washbasin. The “Eco Bath” concept
uses 50% used water and 50% new water for a toilet system half-ways to nature
friendly.
Benefits of the project to customers
a) Make the customer’s life to be more green and friendly with nature.
This means customers will be able to protect the environment.
b) Help customers enjoy their life with model technology without
destroying the nature.
c) Give customers a chance to experience the brand new productin the
market.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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3. Raising the gross sale to 100 million a month with selling one hundred
products with the price of 5.5 million per unit.
We will implement marketing plans to promotethis program and other higher-end
services to our potential clients to reach the gross sale of 100 million VND for
more than ninety products per month in the first year launching the product. For
the next year, we expect the sales will rise 15%.
VI. Market Segmentation
1. Customer:
Our target customers are people living in big cities – Hanoi and HoChiMinh City,
because:
 Geographic: urban area where densely populated and highly educated
population.
 Demographic: High income (compare to other places – suburban or rural
area)
2. Some facts to explain why we choosethat segmentation:
 Following Deputy Director of Department of Engineering, in 2014-Hanoi,
they just provide 100% fresh water for 10 districts and 43.25% suburban
area.
 Besides, in Ho Chi Minh, 89.43% citizen has fresh water to use. To provide
to 100% citizen, government must to invest 4,500 billion VND. It absolutely
is a big number.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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 In fact, the percentage of waste of water is 34%. Therefore, the needs of
using water are in alarm status.
3. Targetmarket:
We focus on citizen in urban area as primary customer where the citizens
have good conditions such as technologies (smart phone, radio, and
computer) to know Saving Water Equipments. In addition, their living
standard is higher than other. Therefore, they are willing to pay more money
to buy Saving Water Products. Furthermore, most of the population is living
urban area since it is convenient for their live. When targeting in this market,
we can persuade more people and be able to improve result of saving water
process. Thus, in present and in the future will have more people know this
productas Green Product.
4. User positioning:
With the purposeis saving water, Eco Bath is good and useful for anyone
who loves this kind of products and also bring the high aesthetics for their
home.
VII. Marketing Mix
1. Product
Our productis Eco Bath used in bathroom. It was created by the South Koren
designer Jang Woo-Seok, innovative Eco Bath system is a dual water-tank
designed primarily to recycle water rolling down from a washbasin. It is composed
of two key parts including a left part having recycled water, while the right part
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
10 | P a g e T e a m B U N N Y
comprises of tap water. Outwardly, it looks a normal water-tank except two levers
and a single LED. So, when the left part is full of recycled water, the LED
becomes green light, and then we can pull the lever for recycled water to flush the
toilet. Inversely, the LED stays on red light, indicating not full it yet; then we can
pull the lever for tap water to flush the toilet.
Here is some information about product:
Material:Stainless Steel / FRP
Colors:White & black
Dimension: 1760x1060x890mm
2. Price
Setting price with changing price reasonably and flexibly will help to increase our
sales. When setting price, we specially pay attention to two objectives:
 New market: We have to make sure that we can penetrate into new market with
the set price.
 Profitability: In price-setting process, we can not ignore the sales revenue and
profit that we are going to make. It tells us whether the company is able to
invest and develop or not.
Our main pricing method is full costing (variables cost, fixed cost, tax…). We
choosethis method because it is fair for both producerand consumer. The price is
more reasonable and stable.
After considering all the cost, the price is 5.500.000 VND for one. It is a
reasonable price since our productis both washbasin and toilet. Moreover, there
will be deduction on the total bill up to 10%; it depends on how many products
customers buy.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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3. Place
We have 3 main kinds of distribution in two big cities – Hanoi and HoChiMinh
City.
 Showroom: Where we show only our products, salespersonwill have full
knowledge about our productso that they can introduce to our customers.
 Retail: In order to enhance distribution area, we give retailers great
commission and products’information as well.
 Website: For customers who are busy and can not go out, they can visit
our official website to read information and order. They can chooseto
pay by credit card or in cash.
We provide free delivery for all types of purchases in Hanoi and HoChiMinh City
since they are our target markets. We also ship our products to other small cities or
provinces as well. However, customers must pay shipping charge
4. Promotion
Our purposeof communications is to persuade customers buying our products and
beyond that is to raise their awareness of saving fresh water. We also know that,
when buying something, they always have to ask salesperson about the products.
That’s why our target of communications is also salesperson to make sure they
totally understand the conditions right now.
In order to do that, we will take advantage of advertisement of TV commercials,
billboard, newspaper, sponsor and endorsement. We try to raise our brand image as
an eco company; therefore, we avoid using leaflet even though it is a good way
since we know receivers will throw away leaflet as we have witnessed and it will
totally damage the environment.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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VIII. Budget:
Below is our estimated expense for 1 month:
Total expenses: 440,000,000VND
1. Salary: 50 employees x 3,000,000VND = 150,000,000VND
2. Product Expense: 100 units x 2,500,000 VND = 250,000,000VND
3. Marketing Expense: = 40,000,000 VND
IX. Implementation Plan
The launch of ECO-BATH will use a phrased approach, beginning with building
people’s awareness in terms of water-saving and brand. We will divide into two
groups, the first group duty is to raise awareness about the use of water in
Vietnam; and the second group is in charge of building brand awareness. Water
saving awareness should be developed through changing people’s perspective in
saving water. Brand awareness should be developed through visible presence at
professional events, online searches, networking and strategic alliances. This
visibility will help gain profit.
1, Objectives
• During the first six months of commercial availability, the primary objective is
to expand both the user and customer base to maintain a 100:1 user to customer
ratio.
• Business Customers: Sign 14 regular customers and 52 occasionalcustomers
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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• Individual Members: Convert 1,000 people to ECO-BATH members
2, Marketing objectives
• Increase member networking activity: Increase user numbers through
networking initiated by existing members. Improve user experience to promote
networking.
• Increase profile completeness: Increase user engagement with platform.
• Public relations campaign (PR): Increase awareness of ECO-BATH brand
through concentrated PR efforts directed at the target market of customers and
users.
4, Key Success Factors
• Economical marketing to relevant constituents; ECO-BATH needs to establish
communication (distribution) channels that pinpoint relevant constituents in a
manner consistent with mission values. Limited by resources, chosenchannels
must aggregate many relevant eyes with free, minimal, or deferred costs
involved.
• Crafting of brand identity: The contrast between ECO-BATH and competitors
lies not only in productdifferentiation but also in the company’s mission
statement and delivery. One-time job search is available from thousands of
online recruitment sources. Social networking has been covered from diverse
angles, attracting many different audiences.
• Efficient value delivery: The base of customers (both individual and business)
needs to receive the proposed value in a timely manner, with consideration
given to quality versus quantity of results, alignment with existing objectives,
and overall experience with the ECO-BATH brand.
• Sales process:ECO-BATH’s business model requires the acquisition of both
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
14 | P a g e T e a m B U N N Y
business customers who have available positions and users who will be matched
with those positions.
X. Evaluation and Control
ECO-BATH will evaluate user profiles to identify sets of profiles that are valuable
to new business customers, which will aid in the selection of subsequent target
market customers.
1, Business Customer
Face-to-face meetings, phone conversations, and e-mail survey contacts with
people from a range of industries, company sizes, and functional areas provide a
means to:
 Build relationships with prospective customers.
 Understand customer needs.
 Ensure alignment between ECO-BATH’s productand customers’
recruitment preferences.
2, Individual Members
Periodic surveys of various prospectiveusers of online recruitment services
indicate:
 Current services.
 Methods that work well.
 Biggest problems with online recruitment providers.
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
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References
1. Chris Burns (21st May, 2009) “Use Your Water Twice”. Retrieved from
http://www.yankodesign.com/2009/05/21/use-your-water-twice
2. Hà Nguyễn, (2014) “Hà Nội: Nước sạch chỉ đảm bảo cung cấp đủ cho 10
quận nội thành”. Retrived from http://www.baohaiquan.vn/pages/ha-noi-chi-
dam-bao-cung-cap-100-nuoc-sach-cho-dan-so-10-quan-noi-thanh.aspx
3. Goods Home Designs, “Innovative Eco Bath System by Jang Woo-Seok”.
Retrieved from http://www.goodshomedesign.com/innovative-eco-bath-
system-jang-woo-seo
4. Ly Hanh, Tuan Trong (26th Aug, 2009), "Nươc-cau chuyen ham nong toan
cau". Retrieved from http://www.thiennhien.net/2009/08/26/nuoc-cau-
chuyen-ham-nong-toan-cau
5. N.T.ĐA (24th Aug, 2005), "Nuoc sach la chia khoa cua su phat trien ben
vung". Retrieved from
http://chuyentrang.tuoitre.vn/TTC/Index.aspx?ArticleID=95007&ChannelID
=3
6. Nam Văn, (2014) “Cần hơn 4.500 tỉ đồng để tất cả hộ dân TPHCM có nước
sạch”. Retrieved from http://www.thesaigontimes.vn/110426/C%C3%A0n-
hon-4500-t%E1%BB%89-d%C3%B2ng-d%E1%BA%BB-tat-ca-ho-dan-
TPHCM-c%C3%B3-nuoc-sach.html
ECO-BATH MARKETING PLAN – WATER-SAVING PRODUCTS
16 | P a g e T e a m B U N N Y
7. Nguyen Hanh (12th May, 2014), "Ha Noi: Nguy co thieu nuoc sinh hoat".
Retrieved from http://www.baomoi.com/Ha-Noi-Nguy-co-thieu-nuoc-sinh-
hoat/144/13783492.epi
8. Nguyen Nam (19th Feb, 2012), "Nuoc sach va ve sinh moi truong".
Retrieved from
http://www.ninhthuan.gov.vn/chinhquyen/soyt/Pages/NUOC-SACH-VA-
VE-SINH-MOI-TRUONG.aspx
9. Tamil Nadu (26th Mar, 2013) “Save water through recycling”. Retrieved
from http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/save-
water-through-recycling/article4549682.ece
10.Tien phong, (25th Mar, 2008), "5.000 tre em ni chet moi ngay vi thieu nươc
sach". Retrived from http://www.thiennhien.net/2009/08/26/nuoc-cau-
chuyen-ham-nong-toan-cau/
-

Edited report

  • 1.
    2014 Team BUNNY Trần ThùyLinh Trần T. Hoài Thương Nguyễn T. Thanh Thủy Đào Thanh Hằng Nguyễn Như Quỳnh [ ECO-BATH MARKETING PLAN] WATER-SAVING PRODUCTS
  • 2.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 1 | P a g e T e a m B U N N Y Table of Contents I. Executive Summary.................................................................................2 II. Current Facts ............................................................................................3 III. Market and Customer Analysis ...........................................................4 IV. Company Analysis................................................................................5 A. SWOT Analysis ....................................................................................5 B. Competitor Analysis .............................................................................6 V. Marketing Objectives ..............................................................................7 VI. Market Segmentation............................................................................8 VII. Marketing Mix.......................................................................................9 VIII. Budget: .................................................................................................12 IX. Implementation Plan...........................................................................12 X. Evaluation and Control..........................................................................14
  • 3.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 2 | P a g e T e a m B U N N Y I. Executive Summary Water may cover the globe, but the world’s water resource is limited related to human demand, causing what the United Nations and others have defined as a global water crisis. In order to raise people awareness about saving water in Vietnam, our ECO-BATH company is going to introduce a new saving-water productinto the Vietnam market. This productis created by the South Korean designer Jang Woo-Seok, innovative Eco Bath system is a dual water-tank designed primarily to recycle water rolling down from a washbasin. This report firstly gives some current circumstances about water in the world; then is the further market and customer analysis which includes market size, market growth, market needs and market trends. The report then provides our company analysis - SWOT and marketing objectives such as: changing the consumer’s attitude of saving water in order to save the environment; providing productawareness of Eco Bath to target customer; expecting the gross sale rises to one hundred million a month in the first year. It also includes our marketing-mix which consists of product, price, place and promotion. Lastly are our implementation plan, evaluation and control for this project.
  • 4.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 3 | P a g e T e a m B U N N Y II. Current Facts Fresh water is a renewable resource; however, we need to balance between the amount of reserves and re-creation in using fresh water. Human, animals or plants cannot survive without water so the lack of fresh water has been and are going to be more serious in the future, even it is threaten for the lives of hundreds of millions of people around the world. In general, the way people use water is quite a huge waste because they think that water is cheap and an endless resource. In the world, it is about 25 million people died because of lacking fresh water in every year. It is estimated that by 2020 about 40% of humanity will live in areas of scarce water. About 1,4 billion of people in mainly Asia or Africa is not able to access fresh water and 3 million of children died becauseof lacking fresh water each year.(International Conference on Water Week in Stockholm , Sweden Typically 22-26/8/2005 ). In Vietnam, about 62.5 % of water is from the territory of other countries in the upper flow. The amount of water from Vietnam territory remains about 37.5 %. Therefore, the amount of water is not very much, especially during the dry season; the countries in upper flow increase their demand of using water. While underground water reserves in Vietnam is at average level compared to other countries in the world. In big cities like: Hanoi, Haiphong, HoChiMinh city, the percentage of people who can use fresh water is about 60-70%, when this rate in rural areas just reaches 30-40%. In the future, in order to have fresh water to use and face the issue of lacking water in daily activities, people need to enhance their awareness of saving water. According to these facts, my company comes with a creative productthat is called Innovative Eco Bath System to help people to save water.
  • 5.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 4 | P a g e T e a m B U N N Y III.Market and Customer Analysis 1. Marketsize Our potential customers who have the willingness and ability to buy our products to save water are all households or business institutions (companies) live or locate in Hanoi and Ho Chi Minh City areas. Because in almost these areas people tend to use modern furniture to create a professional and modern space, even try to follow the government policy about saving water. 2. Marketgrowth After launching Innovative Eco Bath System as a potential product, we will start in small market that is all households in Hanoi and Ho Chi Minh City. From this market, we will try to collect the respond or opinions of customer to improve our products/ services quality and then access new market. After high market growth rates, we extend our market to a larger market that are organizations or companies in the suburban areas of Hanoi and Ho Chi Minh City. 3. Market needs Firstly, our customers' needs a product with a reasonable price. Secondly, because they also want to save water, so our design allow to recycle water rolling down from a washbasin that will be use to flush the toilet. Finally, they want a product with simple and modern product that can save the space in their bathroom. 4. Market trends We realized that customers are paying more attention on the method to save water. Since, due to Hanoi Water Supply Company, there are many difficulties in water supplying in summer 2014. Because the consequences of broken pipeline of water on recently time that took over 72 hours to repair. Also, the underground water are going
  • 6.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 5 | P a g e T e a m B U N N Y to decline 4-6% while the domestic demand is expected to increase 3-4% that may lead to lack of fresh water for the whole Hanoi areas. IV. Company Analysis A. SWOT Analysis Internal Factors a, Strengths: When producing a very new productwhich has not appeared in Vietnam market, our company has reputation as an eco company. Our company also has a group of energetic and flexible employees which means they are easy to adoptchanges. Besides, we have suppliers who provide to us low – costmaterials while using modern technology. It helps us to reduce production costand be able to set a suitable price. b, Weaknesses: However, being a new company also a weakness since customers are more familiar with other competitors’ product. Our employees are still young and not so experienced. Besides, we do not have strong capital like our competitors. External Factors c, Opportunities Currently, people are more concerned about environmental problems; therefore, an eco productwill be more attractive. Furthermore, the economic conditions are unstable so people tend to save money and do not spend much. Our company may
  • 7.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 6 | P a g e T e a m B U N N Y have the supportfrom some environmental organizations because we produceEco Bath System to reuse recycle water for saving water. d, Threats Our competitors have strong capital and have been in this market for years. They are very competitive and flexible to deal with us. Moreover, other companies will see that trend in customers’ behavior which is buy eco and saving product;then they will try to enter this market. B. Competitor Analysis 1, Inax Inax has the productline of faucets, sink and toilet bowl with luxury design and elegant forms. Therefore, it brings a convient atmostphere privately, perfectly. Moreover, they ensure that their products will bring the feeling of relax and peaceful for the customers. The materials are also warranted about the quality. 2, Toto Toto provides products offaucets, toilet bowl and sink with sample and sophisticated design that is suitable for bothurban areas, suburban areas or rural areas. Toto trend is making the design become more and more simple but it still creates courteous spacein customers' bathroom. Toto's productis using popular in Vietnam market. After all, these two competitors have years of establishment and development. They know the customers and are able to provide more choices for customers. Therefore, in order to deal with them; we have to forecast all the changes in the market to take an initial action if we want to survive.
  • 8.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 7 | P a g e T e a m B U N N Y V. Marketing Objectives 1. Changing the consumer’s attitude of saving waterin order to save the environment. Even though fresh water is a sustainable resource; we should protect the water environment to meet current and future human demand because water is essential to our life. Saving water does not only reduce the amount of water used in unnecessary things, but also recycle the usage water. According to Mr. Dhanabalan, individual house owners can set up recycling plants inside their premises. “The water used in the kitchen and bathroom could be separated from the sewage, recycled and used to fill flush tanks and watering the plants. People must be willing to spend for it,” he said. 2. Providing product awarenessofEco Bath among targetcustomer. Our main productis Eco Bath which is created by Jang Woo-Seok, South Korean designer. Innovative Eco Bath system is a dual flush water-tank designed primarily to recycle water which has been using from a washbasin. The “Eco Bath” concept uses 50% used water and 50% new water for a toilet system half-ways to nature friendly. Benefits of the project to customers a) Make the customer’s life to be more green and friendly with nature. This means customers will be able to protect the environment. b) Help customers enjoy their life with model technology without destroying the nature. c) Give customers a chance to experience the brand new productin the market.
  • 9.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 8 | P a g e T e a m B U N N Y 3. Raising the gross sale to 100 million a month with selling one hundred products with the price of 5.5 million per unit. We will implement marketing plans to promotethis program and other higher-end services to our potential clients to reach the gross sale of 100 million VND for more than ninety products per month in the first year launching the product. For the next year, we expect the sales will rise 15%. VI. Market Segmentation 1. Customer: Our target customers are people living in big cities – Hanoi and HoChiMinh City, because:  Geographic: urban area where densely populated and highly educated population.  Demographic: High income (compare to other places – suburban or rural area) 2. Some facts to explain why we choosethat segmentation:  Following Deputy Director of Department of Engineering, in 2014-Hanoi, they just provide 100% fresh water for 10 districts and 43.25% suburban area.  Besides, in Ho Chi Minh, 89.43% citizen has fresh water to use. To provide to 100% citizen, government must to invest 4,500 billion VND. It absolutely is a big number.
  • 10.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 9 | P a g e T e a m B U N N Y  In fact, the percentage of waste of water is 34%. Therefore, the needs of using water are in alarm status. 3. Targetmarket: We focus on citizen in urban area as primary customer where the citizens have good conditions such as technologies (smart phone, radio, and computer) to know Saving Water Equipments. In addition, their living standard is higher than other. Therefore, they are willing to pay more money to buy Saving Water Products. Furthermore, most of the population is living urban area since it is convenient for their live. When targeting in this market, we can persuade more people and be able to improve result of saving water process. Thus, in present and in the future will have more people know this productas Green Product. 4. User positioning: With the purposeis saving water, Eco Bath is good and useful for anyone who loves this kind of products and also bring the high aesthetics for their home. VII. Marketing Mix 1. Product Our productis Eco Bath used in bathroom. It was created by the South Koren designer Jang Woo-Seok, innovative Eco Bath system is a dual water-tank designed primarily to recycle water rolling down from a washbasin. It is composed of two key parts including a left part having recycled water, while the right part
  • 11.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 10 | P a g e T e a m B U N N Y comprises of tap water. Outwardly, it looks a normal water-tank except two levers and a single LED. So, when the left part is full of recycled water, the LED becomes green light, and then we can pull the lever for recycled water to flush the toilet. Inversely, the LED stays on red light, indicating not full it yet; then we can pull the lever for tap water to flush the toilet. Here is some information about product: Material:Stainless Steel / FRP Colors:White & black Dimension: 1760x1060x890mm 2. Price Setting price with changing price reasonably and flexibly will help to increase our sales. When setting price, we specially pay attention to two objectives:  New market: We have to make sure that we can penetrate into new market with the set price.  Profitability: In price-setting process, we can not ignore the sales revenue and profit that we are going to make. It tells us whether the company is able to invest and develop or not. Our main pricing method is full costing (variables cost, fixed cost, tax…). We choosethis method because it is fair for both producerand consumer. The price is more reasonable and stable. After considering all the cost, the price is 5.500.000 VND for one. It is a reasonable price since our productis both washbasin and toilet. Moreover, there will be deduction on the total bill up to 10%; it depends on how many products customers buy.
  • 12.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 11 | P a g e T e a m B U N N Y 3. Place We have 3 main kinds of distribution in two big cities – Hanoi and HoChiMinh City.  Showroom: Where we show only our products, salespersonwill have full knowledge about our productso that they can introduce to our customers.  Retail: In order to enhance distribution area, we give retailers great commission and products’information as well.  Website: For customers who are busy and can not go out, they can visit our official website to read information and order. They can chooseto pay by credit card or in cash. We provide free delivery for all types of purchases in Hanoi and HoChiMinh City since they are our target markets. We also ship our products to other small cities or provinces as well. However, customers must pay shipping charge 4. Promotion Our purposeof communications is to persuade customers buying our products and beyond that is to raise their awareness of saving fresh water. We also know that, when buying something, they always have to ask salesperson about the products. That’s why our target of communications is also salesperson to make sure they totally understand the conditions right now. In order to do that, we will take advantage of advertisement of TV commercials, billboard, newspaper, sponsor and endorsement. We try to raise our brand image as an eco company; therefore, we avoid using leaflet even though it is a good way since we know receivers will throw away leaflet as we have witnessed and it will totally damage the environment.
  • 13.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 12 | P a g e T e a m B U N N Y VIII. Budget: Below is our estimated expense for 1 month: Total expenses: 440,000,000VND 1. Salary: 50 employees x 3,000,000VND = 150,000,000VND 2. Product Expense: 100 units x 2,500,000 VND = 250,000,000VND 3. Marketing Expense: = 40,000,000 VND IX. Implementation Plan The launch of ECO-BATH will use a phrased approach, beginning with building people’s awareness in terms of water-saving and brand. We will divide into two groups, the first group duty is to raise awareness about the use of water in Vietnam; and the second group is in charge of building brand awareness. Water saving awareness should be developed through changing people’s perspective in saving water. Brand awareness should be developed through visible presence at professional events, online searches, networking and strategic alliances. This visibility will help gain profit. 1, Objectives • During the first six months of commercial availability, the primary objective is to expand both the user and customer base to maintain a 100:1 user to customer ratio. • Business Customers: Sign 14 regular customers and 52 occasionalcustomers
  • 14.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 13 | P a g e T e a m B U N N Y • Individual Members: Convert 1,000 people to ECO-BATH members 2, Marketing objectives • Increase member networking activity: Increase user numbers through networking initiated by existing members. Improve user experience to promote networking. • Increase profile completeness: Increase user engagement with platform. • Public relations campaign (PR): Increase awareness of ECO-BATH brand through concentrated PR efforts directed at the target market of customers and users. 4, Key Success Factors • Economical marketing to relevant constituents; ECO-BATH needs to establish communication (distribution) channels that pinpoint relevant constituents in a manner consistent with mission values. Limited by resources, chosenchannels must aggregate many relevant eyes with free, minimal, or deferred costs involved. • Crafting of brand identity: The contrast between ECO-BATH and competitors lies not only in productdifferentiation but also in the company’s mission statement and delivery. One-time job search is available from thousands of online recruitment sources. Social networking has been covered from diverse angles, attracting many different audiences. • Efficient value delivery: The base of customers (both individual and business) needs to receive the proposed value in a timely manner, with consideration given to quality versus quantity of results, alignment with existing objectives, and overall experience with the ECO-BATH brand. • Sales process:ECO-BATH’s business model requires the acquisition of both
  • 15.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 14 | P a g e T e a m B U N N Y business customers who have available positions and users who will be matched with those positions. X. Evaluation and Control ECO-BATH will evaluate user profiles to identify sets of profiles that are valuable to new business customers, which will aid in the selection of subsequent target market customers. 1, Business Customer Face-to-face meetings, phone conversations, and e-mail survey contacts with people from a range of industries, company sizes, and functional areas provide a means to:  Build relationships with prospective customers.  Understand customer needs.  Ensure alignment between ECO-BATH’s productand customers’ recruitment preferences. 2, Individual Members Periodic surveys of various prospectiveusers of online recruitment services indicate:  Current services.  Methods that work well.  Biggest problems with online recruitment providers.
  • 16.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 15 | P a g e T e a m B U N N Y References 1. Chris Burns (21st May, 2009) “Use Your Water Twice”. Retrieved from http://www.yankodesign.com/2009/05/21/use-your-water-twice 2. Hà Nguyễn, (2014) “Hà Nội: Nước sạch chỉ đảm bảo cung cấp đủ cho 10 quận nội thành”. Retrived from http://www.baohaiquan.vn/pages/ha-noi-chi- dam-bao-cung-cap-100-nuoc-sach-cho-dan-so-10-quan-noi-thanh.aspx 3. Goods Home Designs, “Innovative Eco Bath System by Jang Woo-Seok”. Retrieved from http://www.goodshomedesign.com/innovative-eco-bath- system-jang-woo-seo 4. Ly Hanh, Tuan Trong (26th Aug, 2009), "Nươc-cau chuyen ham nong toan cau". Retrieved from http://www.thiennhien.net/2009/08/26/nuoc-cau- chuyen-ham-nong-toan-cau 5. N.T.ĐA (24th Aug, 2005), "Nuoc sach la chia khoa cua su phat trien ben vung". Retrieved from http://chuyentrang.tuoitre.vn/TTC/Index.aspx?ArticleID=95007&ChannelID =3 6. Nam Văn, (2014) “Cần hơn 4.500 tỉ đồng để tất cả hộ dân TPHCM có nước sạch”. Retrieved from http://www.thesaigontimes.vn/110426/C%C3%A0n- hon-4500-t%E1%BB%89-d%C3%B2ng-d%E1%BA%BB-tat-ca-ho-dan- TPHCM-c%C3%B3-nuoc-sach.html
  • 17.
    ECO-BATH MARKETING PLAN– WATER-SAVING PRODUCTS 16 | P a g e T e a m B U N N Y 7. Nguyen Hanh (12th May, 2014), "Ha Noi: Nguy co thieu nuoc sinh hoat". Retrieved from http://www.baomoi.com/Ha-Noi-Nguy-co-thieu-nuoc-sinh- hoat/144/13783492.epi 8. Nguyen Nam (19th Feb, 2012), "Nuoc sach va ve sinh moi truong". Retrieved from http://www.ninhthuan.gov.vn/chinhquyen/soyt/Pages/NUOC-SACH-VA- VE-SINH-MOI-TRUONG.aspx 9. Tamil Nadu (26th Mar, 2013) “Save water through recycling”. Retrieved from http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/save- water-through-recycling/article4549682.ece 10.Tien phong, (25th Mar, 2008), "5.000 tre em ni chet moi ngay vi thieu nươc sach". Retrived from http://www.thiennhien.net/2009/08/26/nuoc-cau- chuyen-ham-nong-toan-cau/ -