WELCOME
1
PRESENTED BY
Md. Ahaduzzaman
Id- M 17120204752
12th Batch; Sec-B
EMBA
Department of Marketing
Jagannath University
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TOPIC IS...
New Product Market Plan
OUR PRODUCT IS
Sugarcane Juice
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WHY SUGARCANE JUICE
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PRODUCT PROFILE
 Natural & pure Sugarcane, mineral salts, vitamin C and
limited use of preservative.
 Stylish and handy CAN.
 250 ml, 500ml container size.
 250 ml for Tk.20, 500 ml for Tk.35
 Estimated Durability 3 Months.
 Advanced technology Machinery imported from USA and
Germany.
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PRICING STRATEGIES
 Setting the pricing objectives.
 Determining demand.
 Estimating cost.
 Selecting a pricing method.
 Determine the types of cost and the level of production
7
PLACE STRATEGIES
 Convenient locations.
 Easier to both collect the raw materials and transport the
final goods.
 Distribute product via supper markets in the country like
big bazaar, super shops.
8
PROMOTIONAL STRATEGIES
Advertising paper ads, TV
commercial & radio
advertisement, neon sign & bill
boards.
Direct Selling through trained
sales person.
Promotional Tools discounts,
gift, lucky coupons.
Public Relation commit social
development, supporting social
activities, arrange cultural
events.
PROMOTIONAL
STRATEGIES
9
MARKET SEGMENTATION
Geographic Segmentation
“Dhaka, Chittagong, Barishal”
Demographic Segmentation
“Individuals, Family, Sportsmen and
Business buyer”
Psychological Segmentation
“Higher, Middle, Lower class.
Behavioral Segmentation
“Sick, Health conscious, tourist and
sophisticated people”
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TARGET MARKET
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TARGET MARKET GRAPH
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32%
43%
3%
22% Health Conscious
Sick People
Tourists
General People
MARKET POSITIONING
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SWOT ANALYSIS
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STRENGTH
 Available raw materials.
 Low production cost.
 Good distribution channel.
 Easy manufacturing process.
 Reasonable price.
SWOT ANALYSIS
15
WEAKNESS
 Easy to copy the idea.
 Taste differ from the original juice.
 Cannot be preserved for longer period.
SWOT ANALYSIS
16
OPPORTUNITY
 Large market.
 Possibility to create monopoly market.
 Chance to export.
 High demand.
SWOT ANALYSIS
THREAT
 Entrance of new product.
 Less awareness about the value of Sugarcane Juice.
 Political unrest.
 Unfavorable govt. regulation.
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FINANCIAL PLAN
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We expect losses in the first year, because it will take time
for the store to build momentum and generate
traffic. However, once sales increase, the results are positive
because many of the other expenses will remain fixed. In
fact, we expect that sample inventory costs will actually go
down in years to come. Some designers will provide sample
inventory at deep discounts and/or provide the samples free
of charge once good credit terms are established. As a result,
the annual expenditures for sample inventory should
decrease.
CONTINGENCY PLAN
 A contingency plan is nothing more than a plan to solve a
problem that may occur, but has not occurred yet.
 In case the product will fails in the market, than we would
come up with a new product that will target youths. we
will reposition our product and some alternation will be
made in its composition. we will use the fixed facilities
that we already have.
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CONCLUSION
We have discussed the full description of the market plan of
our product. Actually preparing market plan for a product
helps to promote organization recognition and enhance
product selling. I tried my best to prepare my report. I think
this report will help the new comers and new marketers.
So, the product “Sugar Can” is a product by which can earn
huge profit and fulfill health responsibility.
20
21

New product market plan

  • 1.
  • 2.
    PRESENTED BY Md. Ahaduzzaman Id-M 17120204752 12th Batch; Sec-B EMBA Department of Marketing Jagannath University 2
  • 3.
  • 4.
  • 5.
  • 6.
    PRODUCT PROFILE  Natural& pure Sugarcane, mineral salts, vitamin C and limited use of preservative.  Stylish and handy CAN.  250 ml, 500ml container size.  250 ml for Tk.20, 500 ml for Tk.35  Estimated Durability 3 Months.  Advanced technology Machinery imported from USA and Germany. 6
  • 7.
    PRICING STRATEGIES  Settingthe pricing objectives.  Determining demand.  Estimating cost.  Selecting a pricing method.  Determine the types of cost and the level of production 7
  • 8.
    PLACE STRATEGIES  Convenientlocations.  Easier to both collect the raw materials and transport the final goods.  Distribute product via supper markets in the country like big bazaar, super shops. 8
  • 9.
    PROMOTIONAL STRATEGIES Advertising paperads, TV commercial & radio advertisement, neon sign & bill boards. Direct Selling through trained sales person. Promotional Tools discounts, gift, lucky coupons. Public Relation commit social development, supporting social activities, arrange cultural events. PROMOTIONAL STRATEGIES 9
  • 10.
    MARKET SEGMENTATION Geographic Segmentation “Dhaka,Chittagong, Barishal” Demographic Segmentation “Individuals, Family, Sportsmen and Business buyer” Psychological Segmentation “Higher, Middle, Lower class. Behavioral Segmentation “Sick, Health conscious, tourist and sophisticated people” 10
  • 11.
  • 12.
    TARGET MARKET GRAPH 12 32% 43% 3% 22%Health Conscious Sick People Tourists General People
  • 13.
  • 14.
    SWOT ANALYSIS 14 STRENGTH  Availableraw materials.  Low production cost.  Good distribution channel.  Easy manufacturing process.  Reasonable price.
  • 15.
    SWOT ANALYSIS 15 WEAKNESS  Easyto copy the idea.  Taste differ from the original juice.  Cannot be preserved for longer period.
  • 16.
    SWOT ANALYSIS 16 OPPORTUNITY  Largemarket.  Possibility to create monopoly market.  Chance to export.  High demand.
  • 17.
    SWOT ANALYSIS THREAT  Entranceof new product.  Less awareness about the value of Sugarcane Juice.  Political unrest.  Unfavorable govt. regulation. 17
  • 18.
    FINANCIAL PLAN 18 We expectlosses in the first year, because it will take time for the store to build momentum and generate traffic. However, once sales increase, the results are positive because many of the other expenses will remain fixed. In fact, we expect that sample inventory costs will actually go down in years to come. Some designers will provide sample inventory at deep discounts and/or provide the samples free of charge once good credit terms are established. As a result, the annual expenditures for sample inventory should decrease.
  • 19.
    CONTINGENCY PLAN  Acontingency plan is nothing more than a plan to solve a problem that may occur, but has not occurred yet.  In case the product will fails in the market, than we would come up with a new product that will target youths. we will reposition our product and some alternation will be made in its composition. we will use the fixed facilities that we already have. 19
  • 20.
    CONCLUSION We have discussedthe full description of the market plan of our product. Actually preparing market plan for a product helps to promote organization recognition and enhance product selling. I tried my best to prepare my report. I think this report will help the new comers and new marketers. So, the product “Sugar Can” is a product by which can earn huge profit and fulfill health responsibility. 20
  • 21.