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Thailand
ประเทศไทย
Brianna | Jayna| Marc | Mekaila | Tiffanie | Petra
ABOUT MOD
“Custom Artisan Style Pizzas Superfast”
Fast-casual pizza joint
Est. 2008 in the Emerald City
330 Worldwide locations
Customization and affordability (30 toppings, 1 price)
CORE
ETHOS Customization &
affordability
(30 toppings, 1 price)
PEOPLE
FIRST
PRINCIPLE TENETS
1. Large urban city with over 7 million people
2. Country must have a Hofstede Indulgence Score of at least 30
3. Market must be a cosmopolitan city with diverse demographics
4. Market must already have fast casual restaurants
5. Market must have a trend pushing towards health-consciousness
6. Millennials must make up at least 15% of the total population
PESTLE ANALYSIS
P E
T L E
S
P
E
Young population - about 26%
of population is GEN Y
(millennials)
Shifting health trend, especially
among younger demographic
Clustering around major cities
S
Stable political climate = no
expected political issues to arise
Gov. putting effort to improve
country’s economy &
attractiveness for FDI
POLITICAL
2018 economic growth
forecasted at 4.2%
Already large middle class that’s
continuing to grow
GDP per capita = 5907 USD
ECONOMIC SOCIAL
L
T
ASEAN and WTO confirm
that Thailand is planning to
remove all trade barriers.
Americans are the only
foreigners who can fully own
a company in Thailand stated
by the U.S. Treaty of Amity.
E
STECHNOLOGICAL LEGAL ENVIRONMENT
ASEAN’s digital infrastructure
hub by 2020
47.5% are active internet users
Social media = big in major
cities
The government is
committed to sustainable
development and
environmental protection.
MARKET ANALYSIS
Quick Service Restaurants (QSR) in Thailand is a rapidly growing industry
8.5%
growth
QSR’s currently hold
10% market share
in the Thailand
restaurant industry
QSR industry
expected to
reach 4.6 Billion
USD by 2020
Western casual fast
food chains have
38% of market
share within QSR’s
Pizza CAGR:
6%
COMPETITIVE LANDSCAPE
Thailand’s
homegrown
pizza industry
leader.
One of the first
pizza chains in
Thailand. They
have strong brand
recognition.
Planning entry and
establishment of
200 stores in
Thailand over the
course of the next
few years.
Dominoes entered
Thailand a few
decades ago but
ended up having
to pull out. They
are planning a
reentrance.
A high-end pizza
chain company
that is branded
as more
authentic Italian
pizza.
COMPETITIVE LANDSCAPE
Thailand’s
homegrown
pizza industry
leader.
One of the first
pizza chains in
Thailand. They
have strong brand
recognition.
Planning entry and
establishment of
200 stores in
Thailand over the
course of the next
few years.
Dominoes entered
Thailand a few
decades ago but
ended up having
to pull out. They
are planning a
reentrance.
A high-end pizza
chain company
that is branded
as more
authentic Italian
pizza.
COMPETE AS A
MIDDLE-TIER
PIZZA CHAIN
LOWER TIER LOWER TIER HIGHER TIER
LOWER TIER LOWER TIER
TARGET MARKET ANALYSIS
54%
Thais in urban areas are
changing their eating
habits to accept more
western style foods
Middle-income households
in Thailand
74% 70%Thais	
  eat	
  out	
  at	
  least	
  
once	
  a	
  week
TOP 3
PRODUCT
ATTRIBUTES
1.Taste
2.Trust
3.Safety
TAKEAWAYs
of millennials say that
social responsibility
aspects will immensely
increase their loyalty
towards these brands
56%
1. Rising
disposable
income among
Thai consumers
2. Millennials
especially like
novelty as they
are more
internationally
influenced
3. Millennials
support brands
that give back
to the
community
CONSUMER PROFILE: Kataleya
Grew up in
Bangkok; but
loves to travel
Uses Facebook,
Instagram, and follows a
couple different life logs
(4hrs/day)
Student at
Chulalongkorn
University
Taste preference:
anything novel +
seafood!
Favorite Hobby:
Shopping with her
friends at the mall
“For the MODern and urban millennial, our
artisanal pizza is handcrafted to your unique and
creative taste to deliver a communal experience
that is to be celebrated with those around you.”
VALUE PROPOSITION:
MARKETING OBJECTIVES
2.
3.
1. CAPTURE Market Share of 2% for MOD Thailand
DEVELOP at least 50% Brand Recognition
ENSURE 80% Customer satisfaction
To establish and obtain a market share in the QSR and pizza industry in Thailand, the
marketing objectives ensure that the MOD brand is recognized to boost store sales and
revenues while retaining customer loyalty by prioritizing customer satisfaction.
1. CAPTURE Market Share of 2% for MOD Thailand
Strategy Tactic
Open 3 MOD locations
to penetrate market
Open in high foot traffic
areas to gain sales that
contribute to market
share of industry
Open MOD stores in
Bangkok
Lease restaurant
space in large retail
malls
2. ENSURE 80% Customer satisfaction
Strategy Tactic
Provide surveys to get a
qualitative assessment of
consumer sentiment
towards MOD Thailand
Offer 10% discount
on bottom of receipts
for filling out an
online survey
3. DEVELOP at least 50% Brand Recognition
Strategy Tactic
Increase Social Media
presence on FB and
Instagram
Aim for 3,000 followers on
both outlets
Assess target market
specifics
Use hashtag #myMOD to
engage consumers and track
performance on FB and
Instagram
Create contest each quarter
for best #myMOD post to
determine participants
PROPOSED
MENU’S
Brand the larger pizza size as “MOD’s family-style”
miniMOD MOD familyMOD
TIMELINE
Start market
research
Create
media
content
Grand
Opening of
MOD
Thailand
Start social
media
campaign
#myMOD
Open 2nd
MOD
Thailand
Open 3rd
MOD
Thailand
Start
offering
survey
discount
Assess survey’s
and customer
satisfaction
Discuss
plans for
expansion
Use data from survey
and social media to
tailor new marketing
strategy
KPI’S
Click through rate of 2% and following
count of 3,000+ on FB and Instagram
posts
Sales and revenue growth of 5.2%
50% survey opt-in’s
Positive customer feedback with scores
above 8/10
$1.2 M
FINANCIALS
Projected Store Revenue Growth
2019 Thailand Forecasted Revenue
% of Marketing Budget from Revenue
5.2% 12%
Total Marketing Budget/Costs
$141 K
Q&A
APPENDIX
26. SWOT ANALYSIS
27. COUNTRY PROFILE DATA
28. FINANCIAL DATA FY 2017
29. PROJECTED REVENUE
30. COST OF MARKETING REPORTS
31. MARKETING BUDGET
32. SOCIAL MEDIA PREFENCES
33. NOBLE CAUSES
34. PIZZA OUTLET STORE SALES
35. MARKET GROWTH FOR PIZZA
36. AVERAGE SALE PER TRANSACTION
37. MARKET SHARE OF COMPETITION
38. WHY MOD IN BANGKOK
39. EATING OUT BEHAVIOR
40. MARKET SHARE OF WESTERN QSR
SWOT ANALYSIS
COUNTRY PROFILE DATA
FINANCIAL DATA FY 2017
PROJECTED REVENUE
COST OF MARKETING REPORTS
MARKETING BUDGET
SOCIAL MEDIA PREFERENCES
NOBLE CAUSES
IPG MEDIABRANDS “Millennial” Study
84 per cent of millennials believe that brands should not stick to just selling their
products or services. Brands should be going beyond that if they want to attract
millennials.
53 per cent of millennials say that it will increase their loyalty towards the said
brands immensely.
PIZZA OUTLET STORE SALES
MARKET GROWTH FOR PIZZA
AVERAGE SALE PER TRANSACTION FOR PIZZA
MARKET SHARE OF COMPETITION
WHY MOD IN BANGKOK
EATING OUT BEHAVIOR
MARKET SHARE OF WESTERN QSR

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Thailand Market Entry for MOD Pizza

  • 1. Thailand ประเทศไทย Brianna | Jayna| Marc | Mekaila | Tiffanie | Petra
  • 2. ABOUT MOD “Custom Artisan Style Pizzas Superfast” Fast-casual pizza joint Est. 2008 in the Emerald City 330 Worldwide locations Customization and affordability (30 toppings, 1 price)
  • 3. CORE ETHOS Customization & affordability (30 toppings, 1 price) PEOPLE FIRST
  • 4. PRINCIPLE TENETS 1. Large urban city with over 7 million people 2. Country must have a Hofstede Indulgence Score of at least 30 3. Market must be a cosmopolitan city with diverse demographics 4. Market must already have fast casual restaurants 5. Market must have a trend pushing towards health-consciousness 6. Millennials must make up at least 15% of the total population
  • 6. P E Young population - about 26% of population is GEN Y (millennials) Shifting health trend, especially among younger demographic Clustering around major cities S Stable political climate = no expected political issues to arise Gov. putting effort to improve country’s economy & attractiveness for FDI POLITICAL 2018 economic growth forecasted at 4.2% Already large middle class that’s continuing to grow GDP per capita = 5907 USD ECONOMIC SOCIAL
  • 7. L T ASEAN and WTO confirm that Thailand is planning to remove all trade barriers. Americans are the only foreigners who can fully own a company in Thailand stated by the U.S. Treaty of Amity. E STECHNOLOGICAL LEGAL ENVIRONMENT ASEAN’s digital infrastructure hub by 2020 47.5% are active internet users Social media = big in major cities The government is committed to sustainable development and environmental protection.
  • 8. MARKET ANALYSIS Quick Service Restaurants (QSR) in Thailand is a rapidly growing industry 8.5% growth QSR’s currently hold 10% market share in the Thailand restaurant industry QSR industry expected to reach 4.6 Billion USD by 2020 Western casual fast food chains have 38% of market share within QSR’s Pizza CAGR: 6%
  • 9. COMPETITIVE LANDSCAPE Thailand’s homegrown pizza industry leader. One of the first pizza chains in Thailand. They have strong brand recognition. Planning entry and establishment of 200 stores in Thailand over the course of the next few years. Dominoes entered Thailand a few decades ago but ended up having to pull out. They are planning a reentrance. A high-end pizza chain company that is branded as more authentic Italian pizza.
  • 10. COMPETITIVE LANDSCAPE Thailand’s homegrown pizza industry leader. One of the first pizza chains in Thailand. They have strong brand recognition. Planning entry and establishment of 200 stores in Thailand over the course of the next few years. Dominoes entered Thailand a few decades ago but ended up having to pull out. They are planning a reentrance. A high-end pizza chain company that is branded as more authentic Italian pizza. COMPETE AS A MIDDLE-TIER PIZZA CHAIN LOWER TIER LOWER TIER HIGHER TIER LOWER TIER LOWER TIER
  • 11. TARGET MARKET ANALYSIS 54% Thais in urban areas are changing their eating habits to accept more western style foods Middle-income households in Thailand 74% 70%Thais  eat  out  at  least   once  a  week TOP 3 PRODUCT ATTRIBUTES 1.Taste 2.Trust 3.Safety TAKEAWAYs of millennials say that social responsibility aspects will immensely increase their loyalty towards these brands 56% 1. Rising disposable income among Thai consumers 2. Millennials especially like novelty as they are more internationally influenced 3. Millennials support brands that give back to the community
  • 12. CONSUMER PROFILE: Kataleya Grew up in Bangkok; but loves to travel Uses Facebook, Instagram, and follows a couple different life logs (4hrs/day) Student at Chulalongkorn University Taste preference: anything novel + seafood! Favorite Hobby: Shopping with her friends at the mall
  • 13. “For the MODern and urban millennial, our artisanal pizza is handcrafted to your unique and creative taste to deliver a communal experience that is to be celebrated with those around you.” VALUE PROPOSITION:
  • 14. MARKETING OBJECTIVES 2. 3. 1. CAPTURE Market Share of 2% for MOD Thailand DEVELOP at least 50% Brand Recognition ENSURE 80% Customer satisfaction To establish and obtain a market share in the QSR and pizza industry in Thailand, the marketing objectives ensure that the MOD brand is recognized to boost store sales and revenues while retaining customer loyalty by prioritizing customer satisfaction.
  • 15. 1. CAPTURE Market Share of 2% for MOD Thailand Strategy Tactic Open 3 MOD locations to penetrate market Open in high foot traffic areas to gain sales that contribute to market share of industry Open MOD stores in Bangkok Lease restaurant space in large retail malls
  • 16. 2. ENSURE 80% Customer satisfaction Strategy Tactic Provide surveys to get a qualitative assessment of consumer sentiment towards MOD Thailand Offer 10% discount on bottom of receipts for filling out an online survey
  • 17. 3. DEVELOP at least 50% Brand Recognition Strategy Tactic Increase Social Media presence on FB and Instagram Aim for 3,000 followers on both outlets Assess target market specifics Use hashtag #myMOD to engage consumers and track performance on FB and Instagram Create contest each quarter for best #myMOD post to determine participants
  • 19.
  • 20.
  • 21. Brand the larger pizza size as “MOD’s family-style” miniMOD MOD familyMOD
  • 22. TIMELINE Start market research Create media content Grand Opening of MOD Thailand Start social media campaign #myMOD Open 2nd MOD Thailand Open 3rd MOD Thailand Start offering survey discount Assess survey’s and customer satisfaction Discuss plans for expansion Use data from survey and social media to tailor new marketing strategy
  • 23. KPI’S Click through rate of 2% and following count of 3,000+ on FB and Instagram posts Sales and revenue growth of 5.2% 50% survey opt-in’s Positive customer feedback with scores above 8/10
  • 24. $1.2 M FINANCIALS Projected Store Revenue Growth 2019 Thailand Forecasted Revenue % of Marketing Budget from Revenue 5.2% 12% Total Marketing Budget/Costs $141 K
  • 25. Q&A
  • 26. APPENDIX 26. SWOT ANALYSIS 27. COUNTRY PROFILE DATA 28. FINANCIAL DATA FY 2017 29. PROJECTED REVENUE 30. COST OF MARKETING REPORTS 31. MARKETING BUDGET 32. SOCIAL MEDIA PREFENCES 33. NOBLE CAUSES 34. PIZZA OUTLET STORE SALES 35. MARKET GROWTH FOR PIZZA 36. AVERAGE SALE PER TRANSACTION 37. MARKET SHARE OF COMPETITION 38. WHY MOD IN BANGKOK 39. EATING OUT BEHAVIOR 40. MARKET SHARE OF WESTERN QSR
  • 31. COST OF MARKETING REPORTS
  • 34. NOBLE CAUSES IPG MEDIABRANDS “Millennial” Study 84 per cent of millennials believe that brands should not stick to just selling their products or services. Brands should be going beyond that if they want to attract millennials. 53 per cent of millennials say that it will increase their loyalty towards the said brands immensely.
  • 37. AVERAGE SALE PER TRANSACTION FOR PIZZA
  • 38. MARKET SHARE OF COMPETITION
  • 39. WHY MOD IN BANGKOK
  • 41. MARKET SHARE OF WESTERN QSR