10 STEP  Marketing Plan for MANG INASAL MEALS
Disclaimer This 10 Step Marketing Plan is part of the mandatory requirements of  Prof. Bragas in her Principles of Marketing class The data included in this report are based on publicly available data such as those on internet websites, news, package declarations, public reports. When appropriate, data are “masked” so as not to create unexpected conflicts. The reports are posted and linked on slideshare, blogs and facebook so that there is easier sharing among students from different marketing classes.
Steps 1 to 5 Teens appetite at Mang Inasal Mang Inasal PTM are teens that have big appetite Who wants to fill their stomach with affordable meals Can choose McDonald or Jollibee Gap is all other fast food who provide cheaper and affordable meals The market size is P 18 Billion. Mang  Inasal niche is P6 Billion.
Steps 6 to 10 Teens choose meals that can fill their stomach Mang Inasal is a barbecue fast food that have Paborito Meals, Sulit Meals and Merienda Meals Ranges from 49-99 pesos Uses TV, Events and Experiences Is located Nationwide Niche market
1. Mang Inasal PTM are teens that have big appetite 15-26 years old, social class C and D, both Female and Male, Single Studying or working, has an active lifestyle 2x a week, affordable prices that provide unlimited rice and unlimited soup
2. My PTM’s NWD Needs from Maslow’s hierarchy Wants determine choice Demands for them to buy affordable meals
PTM’s needs to fill their stomach Reference: Maslow’s Hierarcy of Needs  Marketing Management, 11 th  ed, Philip Kotler I need to eat food that can fill my stomach I can treat my barkada  and family
2. PTM’s needs, wants & demands  Self-Actualization needs (Teens want to have  meals that can fill their stomach ) and social needs are the PTM’s needs Teens wanted Mang Inasal over other fast foods because of the taste, affordable price and  unlimited rice and soup Teens demand meals that are healthier, affordable and  unlimited
3a. Direct and indirect products that address my PTM’s NWD Direct McDonald Jollibee Indirect Canteen Food court Home meal “Lutong Bahay” Variables Age,  Price , location, and  product
3b. Create 2 Positioning Maps 1 st  Map:  2 x 2 Matrix showing the 2 Most Critical Variables for Consumer choice This 1 st  Map should allow differentiation/ non-clustering of the direct competitors Example: Price vs. Product Size of bubbles= represent relative market shares of the brands 2 nd  Map : Fast food vs. Product
4. Mang Inasal focus in niche marketing gap Mang Inasal is the fast food that provides unlimited rice and soup For teenagers Who want to eat meals that can fill their stomachs No unlimited rice and soup at Jollibee and McDonalds
5a. Estimate the market size using competitor data Competitor’s Data Product Mang Inasal McDonalds Jollibee
5b. Estimate the market size using company data Company Data Product Mang Inasal McDonalds Jollibee
5c. Estimate the market size using customer data Total Population Age 15-26
5. Decide on market size in pesos, not in number of people Competitor data= Company data =  Customer Usage data =  Use instinct and best business judgment to finalize market size
6a. Photo of product category Show a product shot Your product and your competitors with, without box as they look in the supermarket All pack sizes All variants All major brands
6a. Show how  product looks vs. competition Product shot 1  of direct competitors Product shot 2  of indirect competitors How product looks in  supermarket shelves or point of sales
6b. What makes Mang Inasal different as a fast food? First fast food that has unlimited rice and soup Fast food that provides barbecue as a product Uses coal instead of electricity
7. Price Get prices of your product  Creatively compare vs. competitors across different pack sizes and variants Quantify the price difference in % terms vs. competitors Conclude on what pricing strategy is being used
8a. Which of these modes does your product use? ** Pls. rank most used, 1-highest use
8a. Your products Promotions Advertising TV Commercial Radio Print Ads Events and Experiences Sponsorship Willing Willie Word of Mouth
8a. Samples of Promo Samples This can be in multiple slides
8b. Competitor promo Show also how your key competitors communicate Their commercials Their websites And why your communication stands out
8b. Competitor promo Samples Can be multiple slides
9. Mang Inasal is a nationwide fast food service Malls, MRT and LRT stations, nearby offices and schools of Luzon, Visayas and Mindanao Nationwide food delivery service to your home, school and office, and phone orders Cash transaction
10. What is the generic winning strategy? Which of the 4 strategies are being used? (bold and underline to most dominant strategy) Low Cost Producer Supply and Distribution Leverage Differentiation Niche
10. Mang Inasal is a niche fast food Mang Inasal strategy is to caters niche market of teenagers aged 15-26 years old. It has affordable meals with unlimited rice and soup that can be found nationwide.
SUMMARY
Steps 1 to 5 Teens appetite at Mang Inasal Mang Inasal PTM are teens that have big appetite Who wants to fill their stomach with affordable meals Can choose McDonald or Jollibee Gap is all other fast food who provide cheaper and affordable meals The market size is P 18 Billion. Mang  Inasal niche is P6 Billion.
Steps 6 to 10 Teens choose meals that can fill their stomach Mang Inasal is a barbecue fast food that have Paborito Meals, Sulit Meals and Merienda Meals Ranges from 49-99 pesos Uses TV, Events and Experiences Is located Nationwide Niche market
10 STEP  Marketing Plan for MANG INASAL MEALS

MP of MIPH 2A G2

  • 1.
    10 STEP Marketing Plan for MANG INASAL MEALS
  • 2.
    Disclaimer This 10Step Marketing Plan is part of the mandatory requirements of Prof. Bragas in her Principles of Marketing class The data included in this report are based on publicly available data such as those on internet websites, news, package declarations, public reports. When appropriate, data are “masked” so as not to create unexpected conflicts. The reports are posted and linked on slideshare, blogs and facebook so that there is easier sharing among students from different marketing classes.
  • 3.
    Steps 1 to5 Teens appetite at Mang Inasal Mang Inasal PTM are teens that have big appetite Who wants to fill their stomach with affordable meals Can choose McDonald or Jollibee Gap is all other fast food who provide cheaper and affordable meals The market size is P 18 Billion. Mang Inasal niche is P6 Billion.
  • 4.
    Steps 6 to10 Teens choose meals that can fill their stomach Mang Inasal is a barbecue fast food that have Paborito Meals, Sulit Meals and Merienda Meals Ranges from 49-99 pesos Uses TV, Events and Experiences Is located Nationwide Niche market
  • 5.
    1. Mang InasalPTM are teens that have big appetite 15-26 years old, social class C and D, both Female and Male, Single Studying or working, has an active lifestyle 2x a week, affordable prices that provide unlimited rice and unlimited soup
  • 6.
    2. My PTM’sNWD Needs from Maslow’s hierarchy Wants determine choice Demands for them to buy affordable meals
  • 7.
    PTM’s needs tofill their stomach Reference: Maslow’s Hierarcy of Needs Marketing Management, 11 th ed, Philip Kotler I need to eat food that can fill my stomach I can treat my barkada and family
  • 8.
    2. PTM’s needs,wants & demands Self-Actualization needs (Teens want to have meals that can fill their stomach ) and social needs are the PTM’s needs Teens wanted Mang Inasal over other fast foods because of the taste, affordable price and unlimited rice and soup Teens demand meals that are healthier, affordable and unlimited
  • 9.
    3a. Direct andindirect products that address my PTM’s NWD Direct McDonald Jollibee Indirect Canteen Food court Home meal “Lutong Bahay” Variables Age, Price , location, and product
  • 10.
    3b. Create 2Positioning Maps 1 st Map: 2 x 2 Matrix showing the 2 Most Critical Variables for Consumer choice This 1 st Map should allow differentiation/ non-clustering of the direct competitors Example: Price vs. Product Size of bubbles= represent relative market shares of the brands 2 nd Map : Fast food vs. Product
  • 11.
    4. Mang Inasalfocus in niche marketing gap Mang Inasal is the fast food that provides unlimited rice and soup For teenagers Who want to eat meals that can fill their stomachs No unlimited rice and soup at Jollibee and McDonalds
  • 12.
    5a. Estimate themarket size using competitor data Competitor’s Data Product Mang Inasal McDonalds Jollibee
  • 13.
    5b. Estimate themarket size using company data Company Data Product Mang Inasal McDonalds Jollibee
  • 14.
    5c. Estimate themarket size using customer data Total Population Age 15-26
  • 15.
    5. Decide onmarket size in pesos, not in number of people Competitor data= Company data = Customer Usage data = Use instinct and best business judgment to finalize market size
  • 16.
    6a. Photo ofproduct category Show a product shot Your product and your competitors with, without box as they look in the supermarket All pack sizes All variants All major brands
  • 17.
    6a. Show how product looks vs. competition Product shot 1 of direct competitors Product shot 2 of indirect competitors How product looks in supermarket shelves or point of sales
  • 18.
    6b. What makesMang Inasal different as a fast food? First fast food that has unlimited rice and soup Fast food that provides barbecue as a product Uses coal instead of electricity
  • 19.
    7. Price Getprices of your product Creatively compare vs. competitors across different pack sizes and variants Quantify the price difference in % terms vs. competitors Conclude on what pricing strategy is being used
  • 20.
    8a. Which ofthese modes does your product use? ** Pls. rank most used, 1-highest use
  • 21.
    8a. Your productsPromotions Advertising TV Commercial Radio Print Ads Events and Experiences Sponsorship Willing Willie Word of Mouth
  • 22.
    8a. Samples ofPromo Samples This can be in multiple slides
  • 23.
    8b. Competitor promoShow also how your key competitors communicate Their commercials Their websites And why your communication stands out
  • 24.
    8b. Competitor promoSamples Can be multiple slides
  • 25.
    9. Mang Inasalis a nationwide fast food service Malls, MRT and LRT stations, nearby offices and schools of Luzon, Visayas and Mindanao Nationwide food delivery service to your home, school and office, and phone orders Cash transaction
  • 26.
    10. What isthe generic winning strategy? Which of the 4 strategies are being used? (bold and underline to most dominant strategy) Low Cost Producer Supply and Distribution Leverage Differentiation Niche
  • 27.
    10. Mang Inasalis a niche fast food Mang Inasal strategy is to caters niche market of teenagers aged 15-26 years old. It has affordable meals with unlimited rice and soup that can be found nationwide.
  • 28.
  • 29.
    Steps 1 to5 Teens appetite at Mang Inasal Mang Inasal PTM are teens that have big appetite Who wants to fill their stomach with affordable meals Can choose McDonald or Jollibee Gap is all other fast food who provide cheaper and affordable meals The market size is P 18 Billion. Mang Inasal niche is P6 Billion.
  • 30.
    Steps 6 to10 Teens choose meals that can fill their stomach Mang Inasal is a barbecue fast food that have Paborito Meals, Sulit Meals and Merienda Meals Ranges from 49-99 pesos Uses TV, Events and Experiences Is located Nationwide Niche market
  • 31.
    10 STEP Marketing Plan for MANG INASAL MEALS