This document summarizes a business plan for Smiley Baby Gel, a producer of children's toothpaste. The plan outlines the company's products, vision, values, competitive advantages, industry analysis, goals, strategies, and financial requirements. Smiley Baby Gel produces natural toothpastes for children in three flavors. Their vision is to provide high-quality oral care products and be a leader in the industry. Their business strategies include differentiation through natural ingredients and a focus on the children's oral care market.
4. Product
• Smiley Baby Gel Toothpaste
• Natural Ingredients
• Saves kids’ smile by protecting from cavity
• 3 different flavors- Chocolate, Fruitfill and
Coolmint
5. Vision and Mission Statement
• Vision
“To help people achieve optimum dental health by providing them the
opportunity of experiencing the best of all organic products. Good has
never been good enough for us, so we always keep trying to do better.
We strive to be the head of the industry and the heart of health”.
• Mission Statement
“To save a smile, we promise to consistently provide highest quality
support for healthy teeth.”
6. Values & Principles
• Values
Have a responsibility to cultivate the best relationships possible
Collective accountability to the company's beliefs, mission, destiny, and
performance goals.
Competence is an essential means of sustaining values in a competitive
marketplace.
• Principles
To serve and build relationships
Provide meaningful work, fair compensation and safe working
environment
Contribute to the society
7. • Competitive
Advantages
Cost advantage
Differentiated products
New flavors (chocolate, fruitfill
and coolmint)
Natural and harmless products
• Core Competencies
Superior quality
Innovative products
Superior customer service
Focus on oral products only
8. Sources of Competitive Advantage
• Usage of natural ingredients
• No usage of any harmful elements
• Eco-friendly products
• Focus on oral products only
• Proper customer need evaluation
9. Business & Industry Analysis
• Industry Background Overview
• Growth Rate and Trends of Toothpaste
Industry
• Key Success Factors
Differentiated products
Product Innovation Capability
Strong Price-Value Relationship
Quality
10. KSF Matrix
Key Success Factor Weighting My Business(Smiley
Gell)
Competitor(Meril)
Ratio(our
of 10)
Weight Ratio(
out of
10)
weight
Extensive
Distribution
0.2 4 0.8 7 2.4
Customer Focus 0.3 7 2.1 5 1.2
Economies of Scale 0.1 3 0.3 5 .6
Product Innovation 0.4 7 2.8 4 .7
1.0 21 6 21 .49
11. Company Goals and Objectives
• Operational Objectives
• Financial Objectives
• Marketing Objectives
15. Product and Service
• Product /Service Features
• Customer benefits
• Uniqueness
• Production process
• Future product /service offerings
16. Marketing Strategy
• Target Market
Focuses a niche – the kids’ oral care
Middle class people
• Customers’ Motive to Buy
Toothpaste free from harmful chemicals
Reasonable price
17. Marketing Strategy
• Growth of Market
In the Growth Stage
Customers getting aware of hygiene facts
Looking for differentiated products
18. Marketing Strategy
• Advertising/Promotion
Media Used: Audio-visual, face-to-face, sales promotion
Media Cost: Based on competitor’s cost
Frequency of Use:
Campaigns- once a week for the first 3 months
TVC- During the popular cartoon shows
Plan for Publicity:
School Campaigns
Amusement Park Campaigns
TV Commercials
Bill Boards
Print Media
19. Marketing Strategy
• Pricing
Cost Structure:
Competition Based- 50gm for Tk.70 and 100gm
for Tk. 120
Providing better quality and differentiated
products than the competitor
20. Marketing Strategy
• Distribution Strategy
Channels of Distribution:
Using two intermediaries to reach the
customers- the distributors and the retailers
3 distributors for each area
Sales Techniques and Incentives:
For Customers- Bundle Offer
For Retailers- Target Commission Offer
Specific Shelf for the Product