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Marketing Plan
V 8 4 G R O U P 1 - A T E N E O - E X P E R T I S E - I N T E G R I T Y - S E R V I C E
MBAH - V84
HYPERMARKETING CLASS
GROUP 1
•
•
•
•
Laying Down the Foundations for Growth
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•
Laying Down the Foundations for Growth
•
•
•
•
•
•
Laying Down the Foundations for Growth
THE PRIMARY TARGET MARKET'S
•
•
•
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FAMILIES with CHILDREN (3-10 y/o)
FAMILIES with CHILDREN (3-10 y/o)
•
•
•
•
THE PRIMARY TARGET MARKET'S
•
⚬
•
•
•
⚬
⚬
STRONG BELIEF in HEIGHT is MIGHT!
THE PRIMARY TARGET MARKET'S
•
•
•
The Present ”Growth Factor” Market
•
•
⚬
⚬
⚬
•
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The Present “Growth Factor” Market
CHERIFER'S USP
•
•
•
•
Grow Up with Cherifer: Tangkad Sagad
CHERIFER'S POSITIONING MAP
Benefits MAP: Growing to Full Potential
NO ONEHASBEEN ABLE TOCOPY
CHERIFER'S POSITIONING MAP
The Increasing Demand for Supplements
Ranked 2nd in Consumer Health Products
• Cherifer: 2nd ranked
• Growee: 9th ranked
• Propan TLC: unranked
CHERIFER'S MARKETING MIX
•
⚬
•
⚬
Your PARTNER in Health
CHERIFER'S MARKETING MIX
Pricing Objective & Method
Cherifer Priced at the Middle
CHERIFER'S MARKETING MIX
Cherifer's Diverse Marketing Channels
Pharmacies & Retailers Nationwide
Pharmacies & Retailers Nationwide
CHERIFER'S MARKETING MIX
•
•
Using The 8-Communications Strategy
Using The 8-Communications Strategy
Using The 8-Communications Strategy
•
•
Competitor's Communication Strategy
•
•
Competitor's Communication Strategy
CHERIFER'S MARKETING MIX
Engaging Influencers
Sponsor of Virtual Events
•
Competitors Absent in Virtual Events
•
No Show in Virtual Events
Tapping the Digital Market Channel
The Convenience Store Market Channel
CHERIFER'S MARKETING STRATEGY
•
Market Leadership
•
Market Leadership
•
•
Differentiate from Competition
Maintain Target Market
•
•
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Marketing Growth to Its Full Potential
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Marketing Growth to Its Full Potential
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Marketing Growth to Its Full Potential
Marketing Plan

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MA60 19min SLIDE DECK v84 GROUP 1

Editor's Notes

  1. >GROWING UP WITH CHERIFER A ‘TANGKAD SAGAD’ MARKETING PLAN >GOOD DAY! AS PART OF OUR FINAL OUTPUT IN MARKETING CLASS WE WILL BE PRESENTING CHERIFERS MARKETING STRATEGY IN ACHIEVING FULL GROWTH POTENTIAL
  2. >THIS IS GROUP 1 OF V84 HYPERMARKETING CLASS OF THE ATENEO GRADUATE SCHOOL OF BUSINESS >COMPSED OF ELAINE GRANDE >MICHAEL JAMIANA >FREDERICK OCAMPO >AND ROBBIE JUN REYES
  3. TO LAY THE FOUNDATIONS FOR CHERIFER’S PLAN FOR MARKET GROWTH HERE IS THE OUTLINE: THE PRIMARY TARGET MARKET OF CHERIFER ARE ABC FAMILIES WITH CHILDREN AGED 3-10 YEARS OLD TAKING FOOD SUPPLEMENTS THESE FAMILIES ASSOCIATE HEIGHT WITH SUCCESS PRESENTLY, THE CHOICES ARE FOOD SUPPLEMENTS THAT ALSO OFFER CHLORELLA GROWTH FACTOR THE UNIQUE SELLING PROPOSITION OF CHERIFER IS TANGKAD SAGAD TO HELP ACHIEVE MAXIMUM GROWTH CHERIFER POSITIONS ITSELF TO FAMILIES WITH FAST GROWING CHILDREN BETWEEN 3-10Y/O
  4. THE PESO MARKET SHARE OF CHERIFER IS13% MARKET SHARE VALUE, SECOND IN ALL PEDIATRIC CONSUMER HEALTH PRODUCTS CHERIFER’S PRODUCT STRATEGY IS THRU CO-BRANDING AND HAVING A CONTINUOUS PRODUCT LINE THE PRICE STRATEGY IS THROUGH VALUE PRICING, PLACING ITS CONSUMER PRICE AT THE MIDDLE OF COMPETITORS CHERIFER USES indirect MARKETING channel TO REACH MORE CONSUMERS PROMOTION STRATEGY USES THE 8 MODES OF COMMUNICATION TO REACH ITS TARGET MARKET
  5. ALSO, WE WILL LOOK IN TO THE CURRENT RESPONSE OF CHERIFER WITH REGARDS TO THE PANDEMIC HAPPENING NOW LASTLY, WE WILL LOOK AT THE PANALO WINNING STRATEGY OF CHERIFER THROUGH MARKET LEADERSHIP AND PRODUCT DIFFERENTIATION
  6. WHO ARE THE PRIMARY TARGET MARKET? THESE ARE FAMILIES BELONGING TO THE ABC SOCIOECONOMIC CLASS WITH CHILDREN AGED 3-10 YEARS WHO TAKES MULTIVITAMINS THAT THEY CAN AFFORD
  7. THESE FAMILIES BELIEVE THAT HEIGHT IS MIGHT AND THAT IT CAN BE ENHANCED FOR THEM FOOD SUPPLEMENTS ARE ESSENTIAL AND SHOULD BE EASILY ADMINISTERED
  8. FILIPINOS BEING THE SECOND SHORTEST IN SOUTHEAST ASIA CAN BE CHALLENGING ESPECIALLY WITH THE ASSOCIATION OF BEING TALL WITH SUCCESS AND WITH SOME CAREERS HAVING HEIGHT REQUIREMENTS ADD TO THESE THE FILIPINO’S PASSION FOR BASKETBALL AND BEAUTY PAGEANTS, THESE FAMILIES SEEK WAYS TO INCREASE THE HEIGHT OF THEIR CHILDREN
  9. 11. 9. 2021
  10. 11. 9. 2021
  11. WITH THE GROWING MARKET IN HEIGHT ENHANCING SUPPLEMENTS, CHERIFER’S UNIQUE SELLING PROPOSITION IS “GROW UP WITH CHERIFER: TANGKAD SAGAD. AS ONE OF THE FIRST TO ADD CGF TO ITS FORMULATION IN ADDITION TO TAURINE AND LYSINE CHERIFER PROVIDES NUTRIENTS FOR BODY CELL, PROMOTING WEIGHT GAIN AND MAXIMIZING GROWTH POTENTIAL
  12. 11. 9. 2021
  13. LOOKING AT THE SALES OF PEDIATRIC CONSUMER HEALTH PRODUCTS FROM THE EUROMONITOR INTERNATIONAL > VITAMINS AND SUPPLEMENTS, WHERE CHERIFER BELONGS, HAVE THE HIGHEST SALES VALUE AT 7,691 FOR 2021
  14. LOOKING AT INDIVIDUAL BRANDS, CHERIFER IS RANKED AT 13.6% VALUE ON PEDIATRIC CONSUMER HEALTH, SECOND ONLY TO TEMPRA IN THE YEAR 2020 ITS COMPETITON GROWEE IS RANKED 9TH WHILE PROPAN TLC IS UNRANKED, THIS SHOWS THAT CHERIFER IS A MARKET LEADER, ITS MARKETING STRATEGY SHOULD BE TO MAINTAIN MARKET LEADERSHIP
  15. FOR CHERIFER’S MARKETING MIX, PRODUCT STRATEGY INVOLVES PRODUCT CO-BRANDING LAUNCHING THE “MY GROWING PARTNER”, CHERIFER WAS CO-BRANDED WITH THE COMPANY’S PEDZINC+C THESE PROMOTE GROWTH AND INCREASED IMMUNITY IN CHILDREN CHERIFER ALSO USES A CONTINUOUS PRODUCT LINE WITH THE SLOGAN “GROW UP WITH CHERIFER THROUGH THIS CHERIFER IS ASSURED TO BE USED EVEN AS CHILDREN GROW
  16. FOR THE PRICE STRATEGY CHERIFER’S PRICING OBJECTIVE IS MAXIMUM MARKET SHARE WHILE FOR GROWEE ITS PRODUCT QUALITY LEADERSHIP AND MAXIMUM CURRENT PROFIT FOR PROPAN TLC CHERIFER’S PRICING METHOD IS VALUE PRICING WHILE THE COMPETITORS USE GOING RATE PRICING AND PERCEIVED VALUE PRICING
  17. CHERIFER IS PRICED LOWER THAN PROPAN AND HIGHER THAN GROWEE WITH ITS 120ML SYRUP
  18. FOR THE PLACE STRATEGY CHERIFER EMPLOYS THE indirect MARKETING CHANNEL STRATEGY WITH B2B AND B2C CHANNEL IN ORDER TO REACH MORE CONSUMERS
  19. CHERIFER IS SOLD IN EVERY MAJOR AND SMALL PHARMACIES NATIONWIDE
  20. CHERIFER IS AVAILABLE IN > RETAILERS NATIONWIDE >WHETHER MAJOR OR SMALL > INTENSIVE RETAILER STRATEGY IS USED IN ORDER TO REACH AS MANY CONSUMERS AS POSSIBLE
  21. FOR CHERIFER’S PROMOTION STRATEGY The design and placement of CHERIFER's ads in MAGAZINES  televisions, AND newspaperS help the brand reach its target audience, whether it be a niche market or the general public. By leveraging the data of demographics, the company is able to strategically place the brand in the right place at the right time, in front of the right audience
  22. WITH 73 million Facebook users in THE Philippines LAST January 2020, WHICH ACCOUNTS for 65.1% of THE entire population. CHERIFER TAKES ADVANTAGE OF THE BRAND EXPOSURE IT PROVIDES WITH ITS Page HAVING 65K LIKES CHERIFER uses the video platform IN YOUTUBE to reach millenial parents in place of TV Ads IN THEIR OWN YOUTUBE CHANNEL The BRAND's Youtube site has 20K  subscribers  with most of its shared content having an average of about HALF A Million Views
  23. > Sponsorship offers sustained exposure for the brand, a necessary condition for reinforcing brand salience. IT Also improveS perceptions that the company is likable and prestigious. The Yearly Pediatric Event  HELD AT PICC MANILA gives CHERIFER the necessary REINFORCEMENT IN its BRAND among Doctors who prescribe them.
  24. GROWEE’S Digital footprint is  LOW in FACEBOOK with only 8THOUSAND LIKES compared to Cherifer's 65K, ASIDE FROM THIS, they don't have their separate YouTube channel UPLOIDING OFFICIAL VIDEO CONTENT ONLY THROUGH THE UNILAB CHANNEL, THIS PRESENTS MISSED OPPORTUNITIES IN ENGAGING CONSUMERS DIRECTLY
  25. Propan TLC’s digital footprint is bigger than the two with over  237K FACEBOOK LIKES . They have their own YouTube CHANNEL but with only 2,300 subscribers
  26. WITH DECREASE MOBILITY OF CONSUMERS DUE TO THE PANDEMIC CHERIFER SHOULD ADJUST SOME OF ITS STRATEGY: With the INCREASING popularity of ONLINE Reviews and Unboxing Videos,  CHERIFER should tap more the so-called  Market Influencers, common people who usually express their insights & opinion about an ISSUE or PRODUCT that affects decision making process of consumers.
  27. With Most Social Events going Virtual, it is but appropriate for the CHERIFER Brand to be present in such Major Gatherings for Pediatrician. Consistency is important in the Medical Field, and with Cherifer being actively seen despite it being virtual gives the brand an ADVANTAGE.
  28. Growee AND …
  29. Propan TLC, unfortunately, opted not to sponsor the recently concluded Annual Virtual Doctor's Convention, letting them miss the opportunity to be visible despite the Pandemic
  30. The pandemic has affected the way we shop for food  and medicine. LOOKING AT POPULAR ONLINE STORE SUCH AS LAZADA AND SHOPEE, CHERIFER LIKE PROPAN TLC IS BEING SOLD BY THIRD PARTY CONSUMERS/RESELLERS Cherifer should create an official store, LIKE THAT OF GROWEE, in these online markets TO GIVE CONSUMERS A SENSE OF SECURITY AND SAFETY ON THE CHERIFER PRODUCTS THEY BUY.
  31. LASTLY Taking ADVANTAGE OF  CHERIFER's Over-the-Counter status and with the limited movement of people.  Accesibility and convenience can be an important factor for a SALE to happen. CHERIFER CAN PLACE THEIR PRODUCTS IN THESE CONVENIENCE STORE TO REACH MORE MARKET
  32. FINALLY CHERIFER’S PANALO WINNING STRATEGY >BASE ON EUROMONITOR INCORPORATED, CHERIFER IS THE LEADING BRAND AMONG ITS COMPETITORS, THUS CHERIFER SHOULD MAINTAIN IT MARKET SHARE LEADERSHIP >THROUGH AGGRESSIVE ADVERTISING IN SOCIAL MEDIA TO RETAIN ITS PRIMARY TARGET MARKET >WITH MORE EMPHASIS ON ITS WINNING USP OF “TANGKAD SAGAD”
  33. TADDITIONALY TO MAINTAIN LEADERSHIP, CHERIFER SHOULD CONTINUE TO TO BE VISIBLE IN MAJOR SPONSORHIP EVENTS SO AS TO GIVE ITS BRAND MORE MILEAGE AHEAD OF COMPETITION
  34. ANOTHER WINNING STRATEGY FOR CHERIFER IS PRODUCT DIFFERENTIATION WITH IMPROVEMENT IN LABEL COLORS TO SYMBOLIZE PRODUCT ENERGY AND VIBRANCE. WITH REGARDS TO PRICE STRATEGY WITH THE LOWEST PRICED PRODUCT BEING ASSOCIATED WITH LOW QUALITY, CHERIFER’S PRICE IS NOT TOO LOW AND NOT TOO HIGH
  35. THE LAST WINNING STRATEGY OF CHERIFER IS MAINTAINING CONSUMER LOYALTY BY GIVING THEM STEP UP PRODUCT AS THEY GROW INTO ADULTHOOD
  36. IN SUMMARY WE HAVE DISCUSSED CHERIFER’S PRIMARY TARGET MARKET AS FAMILIES WITH CHILDREN TAKING VITAMINS WHERE HEIGHT IS ASSOCIATED WITH SUCCESS. WE PRESENTED THE DIFFERENT COMPETITORS OF OUR PRODUCT AND DISCUSSED THE UNIQUE SELLING PROPOSITION OF CHERIFER OF TANGKAD SAGAD THAT IS IMPORTANT FOR GROWING CHILDREN
  37. BECAUSE OF THESE CHERIFER IS AMONG THE TOP MARKET IN PEDIATRIC CONSUMER HEALTH BY EMPLOYING EFFECTIVE MARKETING MIX STRATEGY FOR product STRATEGY co-BRANDING IS EMPLOYED, WITH STRATEGIC PRICING AMONG COMPETITORS, AND EFFECTIVE PLACE AND PROMOTION TO REACH CONSUMERS EFFECTIVELY
  38. WE ALSO ENUMERATED THE PANDEMIC RESPONSE PROPOSAL FOR THE BRAND DURING THIS THESE TIMES. FINALLY, WE HAVE ENUMERATED THE PANALO WINNING STRATEGY OF CHERIFER SHOWING WHY IT IS A MARKET SHARE LEADER
  39. ONCE AGAIN THESE IS GROUP 1 FOR CHERIFER’S TANGKAD SAGAD MARKETING PLAN PRESENTATION