An IMC Plan for my Marketing Communication Project in Sunway College Johor Bahru (Aug - Dec 2010).
Completed in a team of 5, act as a Marketing Communication Manager in this Project.
Instructed by Mr. Peter Tan
The presentation proposes a new idea for a Zara line extension: Zara for women, a line designed for real women that embraces various body shapes.
The project was done by combining marketing and buying behavior information. Keep in mind that this is a fictitious line. However, actual data about the company and the industry were used to design the marketing plan.
In this class project, we chose to dive deep into the marketing communications of Amazon.com. We go over each piece of their promotional mix and analyze how effective it was.
L’Oreal’s methods have brought it profitable results so far, we believe a shift in focus of the segmentation to age and gender can be considered to prolong its success. Although L’Oreal has always practiced differentiated marketing strategy to target several market segments, we think there is a segmentwhich has been largely neglected: If tapped, L’Oreal could see massive profits and success in India. In thiscase we believe L’Oreal should target the Men.
Marketing Plan
Reposition of the Vodafone brand in the consumer's mind in the UK. Developed a marketing plan to address market challenges and reposition Vodafone in the UK market.
The presentation proposes a new idea for a Zara line extension: Zara for women, a line designed for real women that embraces various body shapes.
The project was done by combining marketing and buying behavior information. Keep in mind that this is a fictitious line. However, actual data about the company and the industry were used to design the marketing plan.
In this class project, we chose to dive deep into the marketing communications of Amazon.com. We go over each piece of their promotional mix and analyze how effective it was.
L’Oreal’s methods have brought it profitable results so far, we believe a shift in focus of the segmentation to age and gender can be considered to prolong its success. Although L’Oreal has always practiced differentiated marketing strategy to target several market segments, we think there is a segmentwhich has been largely neglected: If tapped, L’Oreal could see massive profits and success in India. In thiscase we believe L’Oreal should target the Men.
Marketing Plan
Reposition of the Vodafone brand in the consumer's mind in the UK. Developed a marketing plan to address market challenges and reposition Vodafone in the UK market.
Procter & Gamble Co-A Brief Discussion of P&G.Rizwan Khan
Procter & Gamble Co. also known as P&G, is an American multinational consumer goods company headquartered in downtown Ohio, United States, founded in October 31, 1837 by William Procter and James Gamble, both from the United Kingdom.
P&G announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 80 brands, which produced 95 percent of the company's profits. P & G serves worldwide (except Cuba and North Korea). It’s slogan is-”Touching lives, improving life”.
P&G’s accomplishments over the past 173 years have come from successfully orchestrating the myriad factors that contribute to market leadership.
This is a mini case study review of NIVEA uploaded as an assignment for the marketing internship under Prof.Sameer Mathur.
Do check it out and please review.
Analysis on Kiehl's Marketing & ExecutionHooJin Yoon
To acheive a solid brand positioning, the execution in line with the brand strategy is essential. Kiehl's has a very clear brand promise yet -we thought- somewhat fail to deliver its brand promise to the consumer in Spain(Madrid). This gap between the expectation and perception weakens its brand positioning. The slide is presented for professor Teresa Recio's Marketing Management at IE Business School MBA.
Johnson and Johnson Sales and Marketing ResearchPrajakta Talathi
Sales and Channel Management
Based on the research, few recommendations are suggested to improve the sales, to improve the culture and to restructure future of J&J.
This presentation is based on the Harvard Business Case:Procter & Gamble: Marketing Capabilities.It was created by me during a marketing internship by Prof Sameer Mathur IIM-Lucknow
Analysis of BMW mini case from Kotler's Marketing Management textbook.
This presentation was created by Shashank Srivastava, IET Lucknow during a Marketing internship under the guidance of Prof. Sameer Mathur, IIM Lucknow.
CIM/e-Marketing Award-Assignment #1: Analysis of Magicalia's e-Marketing Stra...Naja Faysal
This report presents a case study on Magicalia Publishing Group e-Marketing strategies. Their key success factor was Localization and Cross-Selling.
As part of the Chartered Institute of Marketing programs, Naja Faysal was enrolled in the Professional Development Award in e-Marketing via Cambridge Marketing College
ZARA's external and internal enviroment. This presentation covers the main characteristics of ZARA, a general view of fast fashion indystry, Porters' Five Forces Analysis, competitors' external environment as well as a complete internal analysis regarding:competences, capabilities, resources, competitive advantage,value chain and outsourcing.
De La Salle University Master of Marketing Communications students created an integrated marketing communications plan for Pampers Philippines as a requirement to complete the subject: Introduction to IMC.
Procter & Gamble Co-A Brief Discussion of P&G.Rizwan Khan
Procter & Gamble Co. also known as P&G, is an American multinational consumer goods company headquartered in downtown Ohio, United States, founded in October 31, 1837 by William Procter and James Gamble, both from the United Kingdom.
P&G announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 80 brands, which produced 95 percent of the company's profits. P & G serves worldwide (except Cuba and North Korea). It’s slogan is-”Touching lives, improving life”.
P&G’s accomplishments over the past 173 years have come from successfully orchestrating the myriad factors that contribute to market leadership.
This is a mini case study review of NIVEA uploaded as an assignment for the marketing internship under Prof.Sameer Mathur.
Do check it out and please review.
Analysis on Kiehl's Marketing & ExecutionHooJin Yoon
To acheive a solid brand positioning, the execution in line with the brand strategy is essential. Kiehl's has a very clear brand promise yet -we thought- somewhat fail to deliver its brand promise to the consumer in Spain(Madrid). This gap between the expectation and perception weakens its brand positioning. The slide is presented for professor Teresa Recio's Marketing Management at IE Business School MBA.
Johnson and Johnson Sales and Marketing ResearchPrajakta Talathi
Sales and Channel Management
Based on the research, few recommendations are suggested to improve the sales, to improve the culture and to restructure future of J&J.
This presentation is based on the Harvard Business Case:Procter & Gamble: Marketing Capabilities.It was created by me during a marketing internship by Prof Sameer Mathur IIM-Lucknow
Analysis of BMW mini case from Kotler's Marketing Management textbook.
This presentation was created by Shashank Srivastava, IET Lucknow during a Marketing internship under the guidance of Prof. Sameer Mathur, IIM Lucknow.
CIM/e-Marketing Award-Assignment #1: Analysis of Magicalia's e-Marketing Stra...Naja Faysal
This report presents a case study on Magicalia Publishing Group e-Marketing strategies. Their key success factor was Localization and Cross-Selling.
As part of the Chartered Institute of Marketing programs, Naja Faysal was enrolled in the Professional Development Award in e-Marketing via Cambridge Marketing College
ZARA's external and internal enviroment. This presentation covers the main characteristics of ZARA, a general view of fast fashion indystry, Porters' Five Forces Analysis, competitors' external environment as well as a complete internal analysis regarding:competences, capabilities, resources, competitive advantage,value chain and outsourcing.
De La Salle University Master of Marketing Communications students created an integrated marketing communications plan for Pampers Philippines as a requirement to complete the subject: Introduction to IMC.
This was the IMC marketing plan that my colleague and I developed in my MBA program for Wendy's. It earned us the first ever 100% grade on an IMC plan for the course.
BUSI 330Collaborative Marketing Plan Final Draft Instructions.docxrichardnorman90310
BUSI 330
Collaborative Marketing Plan Final Draft Instructions
Include the following in your Group Discussion Board Forum:
1. A report with the final Marketing Plan that includes the three previous drafts, attached as an MS Word file. In addition, this final MP must include the following sections:
· Marketing Programs & Financial Projections.
You should review pp. 54–55 of the text for examples of the key issues that should be discussed within these sections of the MP. You will need a comprehensive marketing program, which includes a discussion of: the Product Strategy, the Pricing Strategy, the Promotion Strategy and the Distribution (channels) Strategy.
The last section on Financial Projections should show a 5-year projection of expected revenues. In addition, you should present some type of idea when BE (break-even) will take place. Companies that introduce new products generally do not make a profit in “year 1” because of the high development and marketing costs required to test and launch the product. Obtaining costs will be difficult, but you should try to estimate costs.
· Executive Summary (ES)
Finally, once the MP is written, you will need to write the Executive Summary. The ES is written last but is placed right after the Table of Contents. You will want the reader to see the ES first. if they like it, they may read on. If it does not excite the reader, the MP will likely be discounted. The ES should contain only the most important findings, conclusions, and recommendations contained within your plan.
· The Table of Contents
The Table of Contents contains a list of the major sections of your marketing plan with the names of the group members that participated in the actual writing of each section. This will allow the instructor to evaluate each member’s contribution to the overall group project.
· Appendices
The only Appendix required is a reference list. Keep in mind that data and key information may need citations, but will surely require a reference list. A plan with no references will be considered marginal since information sources add considerable credibility to the ideas in your plan.
Your Collaborative Marketing Plan Final Draft must be submitted by 11:59 p.m. (ET) on Friday of Module/Week 8.
Running head: 1
4Group 4-Crystal ArzolaEdwin BrannanLevi ClarkJennifer HardyBrodee Whichard
Liberty UniversityDraft 1-Marketing Plan
1. Executive Summary
Our marketing plan is for the pediatric rack system used by g-tube patients to be distributed and sold through the Fortune 500 company, Owens & Minor.
2. Company Description
Owens and Minor was established by cofounders Otho O. Owens and G. Gilmer Minor in 1882 to provide healthcare services for the local Richmond community. What started as a drugstore, in a now historic landmark, quickly grew to buy out competitor drugstore Bodeker Drug Company in 1954. With this acquisition, the company briefly changed names to Owens, Minor & Bodeker, commonly known in that day as OMB. In pre.
12Business Name Fruitfit CompanyThe name of.docxdrennanmicah
1
2
Business Name: Fruitfit Company
The name of the company has been inspired by the core objectives that the business has to the customers. As the company is committed to providing healthy drinks which will serve as an alternative to commercialized high sugar beverages on the market. The company will provide non-alcoholic beverages based on fruits, herbs, and vegetables. Fruits will, however, make up the largest part of the business raw materials. The use of quality fruits to make healthy drinks has therefore inspired the name Fruitfit as the business name.
Mission Statement
Fruitfit Company is committed to providing healthy and achieve the highest level of satisfaction from our customers and build customer confidence in our products. At Fruitfit, we believe that what you put in your body matters a lot.
This mission statement is based on the mandate that the company has to its customers. Through the providing healthy beverages, the company will ensure that its customer's health matters concerns are taken care of. The responsibilities of the business are inspired by the recognition of living a healthy life by controlling what we consume.
Industry Trends
The global non-alcoholic beverage industry is estimated to be USD 967 billion. This is according to 2016 estimates done by market research studies. The industry is also expected to grow at an estimated rate of 5.7% through 2017-2025. This makes it a desirable business to venture into. In Thailand, the non-alcoholic beverage industry can be divided into the sectors of carbonated drinks, bottled water, fruit and vegetable drinks, performance drinks, energy drinks, and smoothies. The company will primarily operate in the fruit and vegetable drinks. This is especially a good time for the business as changes in the market have indicated that customers are shifting from carbonated drinks to healthy drinks (Helms & Nixon, 2010). As a result, the categories of drinks which offer health benefits to the customers are experiencing constant growth rates over time.
Strategic Position
In the order to properly position the company effectively in the market, the company will adopt a value-based positioning strategy. The company is committed to providing healthy drinks to customers. This comes at a time when the global market is becoming more conscious of the importance of healthy living. Fruitfit Company aims to provide healthy drinks which have been produced using quality raw materials. The company sources are raw materials from the local farmers whereby they are able to get the highest quality fruits and vegetables.
Distribution channels
As the company will be operating in an industry which has stiff competition, it will be necessary to ensure that the products of the company are brought as close to the customers as possible. As a result, the company will adopt a well-networked distribution channel which will ensure coverage of a wide geographical area. The company will have a central point of.
an assignment on business level strategies and its impact on the performance of an industrial company in bangladesh: a case study on square pharmaceuticals limited
1. Sunway College Johor Bahru
DIPLOMA IN BUSINESS ADMINISTRATION
- AUGUST 2008 (B) -
Assignment
Marketing Communication
- BMKT 0303 -
AUGUST – DECEMBER 2010
Presented to Mr. Peter Tan
Group Members:
Chew Kian Hong (F-0808-046)
Chiam Dao Wei (F-0808-005)
Kong YanSean (F-0808-045)
Lee Khai Hoong (F-0808-035)
Lim Tai Howe (F-0808-011)
2. Executive Summary
BRAND’S® is a market leader of health supplement provider in Malaysia. To
maintain as a market leader, the objective this Integrated Marketing Communication
Plan seeks to promote the products benefits and build stronger customer relationship
to customers, also to encourage brand switching of the Malay’s market.
This plan will include the analysis of the company Strength, Weakness, Opportunities
and threat, also the target audience and the current market trend.
To achieve our IMC objectives, we choose advertising and event sponsorship as our
promotional tools. We will advertise on three different languages of newspaper, and
to TV channels. We also co-operate with the National Cancer Society of Malaysia to
organise a health talk at Kuala Lumpur and Johor Bahru, and we also do a fund
raising activity to raise RM 100,000 funds for National Cancer Society of Malaysia.
As to maintain as a market leader, we will request a budget 10% of turnover which is
RM 6.35 million over a 12 month period with appropriate reason.
For the evaluation of promotional tools. We will evaluate the two methods that are
chosen to deliver the messages which are newspaper and TV advertisement. To see
whether the customers is aware the advertisement, to make sure the message reached
to our customers effectively. We also evaluate the event sponsorship, to see the
effectiveness of our event sponsorship, to make sure the goal of the vent is achieved.
Besides that, we also conduct a contingency plan if there is any case happens on these
two promotional tools.
4. 1.0 Introduction
We, INDICATORS were appointed by Cerebos (M) Sdn. Bhd. to execute on the IMC
plan with the aim, “To maintain BRAND’S® position as the market leader as a
Health Supplement Producer in Malaysia”. In order to achieve this aim, we had come
out with a promotion campaign’s plan.
1.1 Company Background
Cerebos Pacific Limited (CPL) is a manufacturer and also distributor of the health
supplements, coffee and tea, drinks, canned food, desserts, toppings, condiments,
herbs and spices throughout Asia and Australasia. Today, most of Cerebos’ products
are household names such as, BRAND’S® (chicken essence), Fountain (sources),
Robert Harris (coffee), Saxa (salt), these are just some of the names that enjoy a loyal
following.
Cerebos Pacific Limited (CPL) was incorporated on 3 September 1981 as a private
limited company and under the name Fession Pte Ltd. On the next year January, the
company was acquired public status, adopted its present name and then became the
Group’s holding company. The well known of the company’s product is the
BRAND’S® Essence of Chicken. Some of its others renowned products’ names are
Who Hup (Asian sauces), Fountain (Western Sauces), and Gregg’s (coffee).
One of the health supplement product provide by Cerebos Pacific Limited with the
brand name of BRAND’S® is the market leader in Asia with over 80% market share.
Besides that, BRAND’S® chicken essence is also scientifically proven to be
efficacious whereby BRAND’S® chicken essence prepared with the natural
ingredients. There are more than 10 universities has conducted the scientific research
5. about the BRAND’S® chicken essence and show that BRAND’S® chicken essence
can reduce tiredness, improve one’s concentration and also enhance one’s immune
system.
The geographical segment of the company included Malaysia, Singapore, Australia,
Taiwan, China, Indonesia, Philippines, New Zealand, Thailand and Hong Kong.
The company vision is to be the leading food and health supplement enterprise in the
Asia Pacific region by creating value for our employees, our customers and our
shareholders.
2.0 Situational Analysis
2.1 Market Trends
According to the research conduct by University Malaya, more Malaysian consumer’s
think it is important to have prevention via taking health supplement. (Please refer to
appendix of market trends). As the people recognize the importance of health, people
will purchase the health supplement in order to remain healthy.
Besides that, there are more diseases exist compare with precious years. Although the
Malaysia is one of the country that affected by global financial crisis, BRAND’S®
still have 26% growth, which means that people are still willing to purchase the
BRAND’S® health supplement products even though there is recession in the
economy. (Please refer to appendix of market trends). Another reason will be the
people is well-educated in this modern era, they have more knowledge about the
needs to maintain body’s health.
2.2 SWOT Analysis
6. Strengths
Major player in Malaysia’s health
supplement industry
Sales growth momentum
Able to meet target consumer
needs and preference
Weaknesses
Laying foundation
Do not provide full product range
of health supplement products
Opportunities
Increase capacities
Expand Brand’s essence user base
R&D research on science base
health supplement
Threats
Deep price cut from competitors
Avian Influenza (AVI)
Strengths:
Cerebos Malaysia is the major player in Malaysia’s health supplement industry, where
its BRAND’S® Essence of Chicken controls 95% market share. Other major products
include Bird’s Nest, BRAND’S® Innershine and BRAND’S® tablet. The global
financial crises that happened did not resulted in any huge impact to the company.
Sales growth momentum was also sustained through targeted brand building
initiatives and well integrated marketing campaigns featuring celebrity ambassadors.
With the success integrated marketing campaigns and initiatives, the brand itself is
successfully reach to its targeted consumers’ specific needs and preferences.
Weaknesses:
Although we have the major range of health supplement products and also the good
financial situation, our business still cannot expanding quickly to others countries in
7. the Asia Pacific as we are laying the foundations. However, in order to in line with
our objective to develop the markets, we have employed local-based marketing
personnel in several countries such as Myanmar, Vietnam, and Indonesia to drive our
growth strategy.
On the other hand, even though we have a major range of health supplement products,
but we only offer 5 products in Malaysia including BRAND’S® Essence of Chicken,
BRAND’S® Bird Nest, BRAND’S® Innershine, BRAND’S® Essence of Chicken
Tablet Range, and BRAND’S® Alphamynd Essence of Chicken for Juniors. We may
also offer the other product range of BRAND’S® in Malaysia such as the wellness
range’s product.
Opportunities:
BRAND’S® Malaysia considers one of the fastest growing markets within the group
worldwide with its sales growing at double digits year on year. Therefore, it is the
opportunity for the company to increase its capacity in order to cater to the growing
demand. The new factory in Shah Alam able to have three times more capacity than
the existing one in Petaling Jaya, which is able to boost up the production capacity
from the existing 800,000 bottles a month to 1.8 million bottles a month for both
domestic consumption as well as the export market.
The company’s revenue has expanded on a strong double digit growth over the
previous financial year. To tap on the potential Malay market, we embarked on
Malay-focused campaigns to expand Brand’s Essence of Chicken’s user base. With
the strong, integrated executions in both above and below-the-line marketing, we
were able to strengthen our engagement.
8. Furthermore, as BRAND’S® is continuously voted as Asia’s Most Trusted Brand by
Reader’s Digest in the vitamins and health supplements category, this demonstrates
consistent engagement with our consumers and the result of company-wide efforts to
enhance our product and service quality. Therefore, the company will continue to
make strategic investments in R&D to develop science based health supplements,
offering better and new products to support the demanding lifestyles of today’s
consumers.
Threats:
The extremely challenging economic environment in fiscal 2009 was unprecedented.
It resulted the consumer was very cautious on many aspects of their expenditure.
Regular and loyal customers of BRAND’S® products expected a lot more from us
and their loyalty to BRAND’S® were constantly attacked by other companies
offering deep price cuts and other freebies.
Although the company is always performing well in most area of its business, there
may others outcome threatens to the business. For example, the AVI outbreak in
January 2004 dampened sales initially. When the AVI outbreak began, it affected
consumer confidence in poultry related products and it resulted the dampened in sales.
This mean that BRAND’S® may threat by this kind of disease whereby it is related to
the ingredient of its product – chicken.
2.3 Target Audience
9. The target audience for BRAND’S® will be the Generation X and Generation Y. The
Generation group X is born in ranging from 1961 to 1981. The birth rates of
Generation Y will be significant increase in between 1982-2000.
It is very stress in this modern world. (Please refer to appendix of target audience).
Therefore, these people face stress and it will cause the health problem such as high
blood pressure. According to the Miller, Cohen, & Ritchey, 2002, the results showed
stress might reduce the immune system. This is supported by Cohen and Herbert 1998.
(Please refer to appendix of target audience). So, we choose them as our target
audiences to promote our products, in order to enhance their body’s health and
immunize system.
3.0 IMC PLAN
The aim for this IMC Plan is to help BRAND’S® to maintain as a market leader of
health supplement provider in Malaysia.
We have set three objectives for this IMC Plan to achieve our aim, they are:
1) Penetrate into Malay’s market by encourage brand switching.
Penetrate into Malay’s market by encourage them to switch to BRAND’S®
Health Supplement products which can help us to increase our sales volume
and help us to achieve our IMC aim.
2) Build stronger customer relationship with existing customers.
10. Building stronger relationship with our existing customers, can make us able
to retain them more effectively as they have already trusted in our brand and
make sure they will not switch to another brand.
3) To promote the benefits of BRAND’S Health Supplement products to the
target audience.
By promote the benefits of BRAND’S® Health Supplement products to the
customers, can help us easier to attract the customers who are interested or
desire to improve their health.
4.0 Budgeting
In 2009, BRAND’S® had achieved a total turnover of RM63.5 million in Malaysia.
(Please refer to appendix of budget). In order to achieve the objectives set in this IMC
plan, the total IMC budget will be taken out 10% from the turnover, which is RM6.35
million. 10% from turnover is enough for BRAND’S® to achieve full impact in order
to maintain market leader. Besides that, according to Ken Orwig who is the Marketing
Chairman of United Way of Greater Toledo, fast moving consumer goods spend 8% -
10% from total turnover to advertise. (Please refer to appendix of budget)
The largest proportion of our budget will be allocated 70% for advertising because it’s
an advertising tool that can reach mass audience with greatest impact and higher
frequency. The other 30% of our budget will be dedicated to event sponsorship. The
method we use to establish our budget is percentage of sales. The main reason to use
percentage of sales is because it is the secure method as it is dealing with known
amount such as quantity of goods sold compare with the predicts or forecasted
amount.
5.0 Promotion Tools
11. Advertising promotes a product or services to its target audience. An advertising plan
for one product might be very different than that for another product. Advertising is
typically done with signs, commercials, e-mail messages, personal contact, etc.
According to AC Nielsen, newspaper and terrestrial TV continue to command the
bulk of total advertising across the media measured at 54% and 35% respectively,
followed by radio which is 5%, magazine is 2% and outdoor is 2%. Firstly, we will do
the BRAND’S® advertisement in newspapers for 5 months. Besides, we will also
advertise our BRAND’S® through television advertising.
5.1 Printing Advertisement
Objectives:
1. To increase purchase intention of the target audience towards our product.
2. Create product awareness in the Malay market.
3. To remind the existing customer about BRAND’S.
5.1.1 Advertisement (Newspaper)
We plan to advertise BRAND’S® advertisement in Malay, English and Chinese
newspaper. From the 3 different languages of newspapers, we choose the higher
readership of each language newspaper in Malaysia to do the advertisement. (Please
refer to appendix of advertising). For the Malay language newspaper, we choose
‘Utusan Malaysia’, for the English language newspaper is ‘The Star’ and for the
Chinese language newspaper is ‘Sin Chew Daily’. The reason we choose these
newspapers is because more people will aware of our products as they are possessed
the highest readerships. (Please refer to appendix of advertising) We will advertise the
12. advertisement on Saturday and also Sunday. Besides, BRAND’S® advertisement will
be present in the full page and full colour for the Malay language newspapers, for the
English and Chinese language newspapers will be present in half page with full colour.
Duration
5 months for each newspaper from June of 2011 to October of 2011.
Budget (Please refer to appendix 3)
Utusan Malaysia
- National edition, full page, full colour – RM14, 000 per advertise
- Every Saturday and Sunday
- Total cost = RM560, 000
The Star
- National edition, half page, full colour – RM19, 300 per advertise
- Every Saturday and Sunday
- Total cost = RM772, 000
Sin Chew Daily
- National edition, half page, full colour – RM29, 500
- Every Saturday and Sunday
- Total cost = RM1, 180, 000
The concept behind the newspaper advertisement is by applying AIDA. We will
design an attractive advertisement to attract the attention of our target audience. The
reason why we choose every Saturday and Sunday to advertise our BRAND’S
13. advertisement is because we believe that most of the people do not go for work during
weekend. For example, people will aware our advertisement while they are reading
the newspaper in the morning, after that they will purchase our product.
5.1.2 Advertisement (TV)
For the television advertisement, we had chosen ‘TV3’ and ‘TV8’ to advertise the
BRAND’S® advertisement. The reason we choose ‘TV3’ is to meet the IMC
objective which is to create the awareness in Malay market. Through ‘TV3’ channel
profile, we able to know that there are 95% of Malay, 3% of Chinese and 2% of
Indian/others are watching this channel. (Please refer to appendix of advertising)
However, we also want to advertise our product in Chinese market through ‘TV8’.
The ‘TV8’ channel profile shows that there are 78% of Chinese are watching this
channel, for the Malay is 21%, and for the Indian/other is only 1%. (Please refer to the
appendix of advertising) BRAND’S® advertisement will be present in television for
duration of 119seconds. During this 119seconds, we believe that it can deliver the
appropriate messages to the audience.
Duration
2 months for each channel from September of 2011 to October of 2011.
Budget (Please refer to appendix of Advertising)
TV3
- Duration/Sec = 60seconds – RM2,000
14. - Monday to Sunday
- 7pm-11pm (3 times)
- Total cost = RM714,060
TV8
- Duration/Sec = 60seconds – RM2,000
- Monday to Sunday
- 7pm-11pm (3 times)
- Total cost = RM714,060
We applied AIDA concept in the television advertisement as it can be more
effectively. Besides that, we plan to advertise our BRAND’S® advertisement every
day, and the time period is from 7pm to 11pm. According to the television reach by
time segment, there are 77% adults are watching television from 7pm to 11pm. In this
case, we believe that our advertisement can achieve high viewership. (Please refer to
appendix of Advertising)
5.2 Event Sponsorship
Event Sponsorship is a form of promotion for brand. Event Sponsorship allows
corporate to ties their brand to a high-interest public activities, such as entertainment,
social, athletic and other public activities.
Objectives of Event Sponsorship
1. To raise the fund at minimum amount of RM 100, 000 for the National Cancer
Society of Malaysia of the year.
2. To enhance our brand equity of customers.
15. 3. Enhance Corporate Social Responsibility (CSR) of Cerebos Sdn Bhd as good
CSR is a fundamental business principle to them.
We and National Cancer Society of Malaysia (NCSM) will cooperate together to held
a health talk, which is about the importance of early detection of cancer. The reason
that we choose to organize this health talk with National Cancer Society is because,
according to National Cancer Society, there are many Malaysian are dying from
cancer due to the cancer is found in late stage. This talk is aim to increase the people
awareness of the importance of early detection of cancer.
This event will come along with the activity of a small exhibition about cancer to the
audience which would allow them know more about cancer, and an activity of fund
raising for the National Cancer Society.
Strategy
This health talk will invite some of the well known experts. For the Kuala Lumpur
area, the experts are Dr Christina Ng, a Consultant Medical Oncologist at Pantai
Hospital KL; Mr. Tony Skelchy, President of National Cancer Society of Malaysia
and Dr Vijaya Sangkar, Haematologist.
For Johor Bahru, the expert will be, Dr. Saunthari Somasundaram, Medical Director,
National Cancer Society of Malaysia. Dato' Dr Mohamed Ibrahim A.Wahid, president
of Malaysian Oncological Society (MOS); Dr. Loh Siew Yim, senior lecturer of
University Malaya. They will give their talk about the importance of early detection
of cancer to the audience.
16. The date for this event, for the Johor Bahru area, will be held at 26 June 2011, at
Persada Johor International Convention Centre; for Kuala Lumpur area, will be held
at 31 July 2011, at Mid Valley Exhibition Centre.
This talk will has two sessions, the first sessions will be at 10:00 a.m. to 12:00 p.m.,
and the second session will be at 2:30 p.m. to 4:30 p.m. Both areas are the same.
An exhibition about cancer will also be set up along with the health talk. This event is
open for general public. The entrance fees will be free for everyone. This exhibition
of cancer will begin from 9:00 a.m. to 9:00 p.m. Both areas are the same.
We will set up a booth to sell the BRAND’S® Essence of Chicken. This is for the
fund rising for the National Cancer Society of Malaysia. The sales revenue in the
event on that day will directly donate to NCSM. A Retractable Umbrella which worth
RM10, will be given as a free gift for those who purchase BRAND’S® product
RM100 and above.
This event will be advertised on the newspaper one week before the event to inform
the public about this event.
Budget
The allocated budget for this event is RM1.9 million. For the Kuala Lumpur area, we
estimate that the cost for the whole event will be RM 985, 000; for the cost of holding
the even at Johor Bahru, the estimated cost will be RM 915, 000. These costs have
taken into account of all the cost that is needed for holding an event.
6.0 Evaluation of Promotional Tools’ Effectiveness
6.1 Advertising
17. In advertising, we want to evaluate the awareness of customers towards the
advertisement. The reason for us to evaluate the awareness of customers towards the
advertisement is because we want to ensure our messages in advertisement reached
our customers effectively as expected. In advertising tool, we had chosen two
methods to deliver our advertisements’ message.
The first method is Newspaper. In newspaper, for every customer who returned the
advertisements’ page in our newspaper to any of our retailers, we will provide a cash
voucher worth RM10 to the customer that he/she can use this cash voucher for the
next purchase of BRAND’S® products in any of our retailer shop with a RM10
lowered price. The criteria that we set for this method is to receive a minimum of 30%
returned newspaper advertisement within the promotional period.
The second method we chose is TV advertisement. In TV advertisement, we will
request a viewership of TV’s advertising period from the TV channels that we
assigned to broadcast our TV advertisement. The criteria for this method is having at
least 48% of average viewership from both of the TV channel assigned to broadcast
our TV advertisement.
Contingency Plan
For the advertising (newspaper), we set a criteria of minimum 30% returned
newspaper advertisement out of the total newspaper that were distributed within the
promotional period. In order to make improvement if negative result happened, we
will evaluate the total quantity of returned newspaper monthly from all the retailer
and see whether it reached the criteria we set, which is 30%. If the criteria is not
achieved, we will evaluate the problems provided with solutions. For example, if the
total received newspaper is lower than 30%, this may be cause by the design of
18. advertisement, or the awareness for them to notice the benefit that the newspaper
mentioned. In this instance, we may improve the design of our newspaper
advertisement to make it more attractive, or put the Chroma Key in the commercials
to increase the awareness of this benefit of receiving RM10 cash voucher by hand up
the newspaper advertisement.
6.2 Event Sponsorship
We will evaluate the event by measure its effectiveness. For event sponsor ship, we
are evaluating the contribution of BRAND’S® towards the National Cancer Society
of Malaysia (NCSM). By doing this evaluation, we are able to make sure the goal of
this event is achieved. During the event, BRAND’S® chicken essence will be selling
on the day, the turnover generates from the event will be donated to the NCSM. The
criteria will be achieved a minimum revenue of RM100, 000 from the event.
Contingency Plan:
We will evaluate the first event which will be held at Johor Bahru area at 26th
of June
in 2011 to see if the average amount of RM50, 000 from the criteria set for two events
can be achieved. In case of negative result to be happened, we had set one month of
the time line to evaluate the result of first event in Johor Bahru. The problems will be
issued and solution will be provided in that month in order to make improvement in
our second event which will be held in Kuala Lumpur area in 31st
of July 2011. For
example, if the RM50, 000 is not achieved, it may be the reason like the message of
this event is not fully delivered, so that there will be less people to participant in the
event. In this instance, we will then intensify the man power and time line for the
advertising of the coming event to make sure the same mistake won’t be happened
again.
19. References:
Book
1. Schultz, Don E, Tannenbaun, Stanley I, Lauterborn, Robert F, 1993, Integrated
Marketing Communication, NTC Business Books, United States of America.
2. Jain, S, 2008, Integrated Marketing Communication, Global India Publications Pvt
Ltd.
Website
1. Cerebos, Annual Report, Cerebos, viewed 20 September 2010,
<http://www.cerebos.com/index.htm>
2. BRAND’S, BRAND’s, viewed 22 September 2010,
<http://www.brandsworld.com.my/>
3. Kenneth, Donald, B, 2002, Integrated Advertising, Promotion, & Marketing
Communications, CATAWBA COLLEGE, viewed 24 September 2010,
<http://faculty.catawba.edu/jbgreen2/Classes/advertising_plan_template.htm>
4. Advertising Budget, seriously effective print advertisement, viewed 26 September
2010,
<http://www.myprofessionaladvertising.com/Advertising%20Budgeting.htm>