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10 STEP Marketing Plan for www. winnetteflores.blogspot.com Winnette Flores February 2011 1 Life Plan, Cremation Plan, & Chapel
Disclaimer ,[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 2
Just one click away to the adults… ,[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 3 Steps 1 to 5
Adults pay for the services… ,[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 4 Steps 6 to 10
Positioning to the Primary Target Market www. winnetteflores.blogspot.com Part 1: Steps 1 to 5 5
1. St. Peter’s primary target market (PTM) is adult ,[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 6
PTM needs to prepare their interment.. www. winnetteflores.blogspot.com 7 I want to secure my  interment. I am happy when I prepared  my burial. Reference: Maslow’s Hierarchy of Needs Marketing Management, 11 th  Ed. Philip Kotler
2. Adults have unique needs, wants, and demands… www. winnetteflores.blogspot.com 8 Needs: adults  need to secure and prepare his  interment , gain self-esteem and  achieve self- actualization. Wants: adults choose St. Peter over other memorial  chapel because of  price , company credibility and  awareness,  accessibility and convenience. Demand: adults  demand quality funeral services  and  convenience to their love ones.
3a. St. Peter has many formidable competitors ,[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 9
3b. Competitive Position Map ,[object Object],[object Object],www. winnetteflores.blogspot.com 10
St. Peter is #1 in the market: premium funeral service to adults www. winnetteflores.blogspot.com 11 St. Peter La Funeraria  Paz Arlington Arlington La Funeraria  Paz St. Peter St. Peter POSITIONING vs. PRICE Modern Facilities Imported and Locally-Made  Caskets Transferability (Inter-chapel transfer, living to living or living to dead cremation plan) High Low
St. Peter Positioning ( Supply and Distribution Leverage, Low Cost Producer and Distribution Approach ) to the Adult Market.. www. winnetteflores.blogspot.com 12 Service Positioning vs. Brand Map for Interment Many competitors in cremation and traditional memorial service positioning. SERVICES   BRAND MATRIX     Arlington La Funeraria Paz St. Peter Sanctuarium Loyola 1. Cremation Services           2. Traditional Memorial            Services (casket, chapel,  Funeral coach & floral vehicle)           3. Columbarium           4. Special Services:           Butterflies, Doves, Balloons           Electronic Sevices           (E-burol, E-libing, E-habilin)          
Loyola has “followed” St. Peter  positioning and price www. winnetteflores.blogspot.com 13 Loyola has packages which match St. Peter price and service position
4. St. Peter positions strongly in 3 approach opportunity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 14
4. “Positioning”: brand identity from the maker ,[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 15
4. St. Peter Positioning from the global perspective... www. winnetteflores.blogspot.com 16 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
5a. Based on interview and SEC, death care (life plan, cremation & chapel) market is P13B ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 17
5a. Based on interview ,[object Object],[object Object],www. winnetteflores.blogspot.com 18 CONFIDENTIAL
5b. Based on St. Peter data, where share is 30%, total market size is P13 Billion ,[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 19
5c. Consumer data indicates a size of P12.5 Million ,[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 20
5. Concluded that death care market is 13 Billion ,[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 21
Marketing Mix Strategy www. winnetteflores.blogspot.com Part 2: Steps 6 to 10 22
6a. St. Peter’s product like Loyola own superior caskets www. winnetteflores.blogspot.com 23 St. Peter Loyola
6b. What makes St. Peter different as a product? ,[object Object],[object Object],www. winnetteflores.blogspot.com 24 From St. Peter Website
6b. St. Peter offers convenient casket in 6 types ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 25 From St. Peter Showroom ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
7a. Price - Brands are aiming for “affordable price points: P10K, 30K, <100K”, very hard for consumer to compare www. winnetteflores.blogspot.com 26 SERVICES   BRAND MATRIX     Arlington La Funeraria Paz St. Peter Sanctuarium Loyola 1. Cremation Services 100K 85K 60K 123K 85K 2. Traditional Memorial  55K 75K 34K 98K 40K Services (chapel, casket,            funeral coach & floral services)           3. Columbarium       130K    4. Special Services:           Butterflies, Doves, Balloons   1,500       Singer/Choir/Mourners       5K   Electronic Sevices           (E-burol, E-libing, E-habilin)     inclusive    
7.  Price Conclusion St. Peter is 70% less than Loyola and    120% lesser than Arlington www. winnetteflores.blogspot.com 27 SERVICES   BRAND MATRIX     Arlington La Funeraria Paz St. Peter Sanctuarium Loyola 1. Cremation Services 170% 150% 100% 200% 150% 2. Traditional Memorial  160% 220% 100% 300% 120% Services (chapel, casket,            funeral coach & floral services)          
8a. St. Peter uses Personal Selling, Word of Mouth, Sales Promotion, Events & Experiences and Advertising 1 5 2 7 6 www. winnetteflores.blogspot.com 3 4 28
8a. St. Peter has mass appeal commercials www. winnetteflores.blogspot.com 29 0:29 ST .  PETER LIFE PLAN   MAINTAINS ITS LEADERSHIP IN THE PRE-NEED INDUSTRY! 0:31 St. Peter Life Plan & Chapels TVC Production house: Infomermedia EP: Jopay Guillermo Dir: Marla Ancheta DOP: Dix Buhay AD: Marvel Julian PD: Michel Reginald PM: Winston Familara  ...
Email Marketing Customers  www. winnetteflores.blogspot.com 30 Send e-mail blast to website customers Plan holders - Offer quarterly reminder for payment ,[object Object],[object Object],[object Object],- Update with e-newsletter Non-Plan holders - Offer brochures, and if necessary, appointment with sales agent - Update with e-newsletter
Email Creative www. winnetteflores.blogspot.com 31 ,[object Object],[object Object]
St Peter leverage online inquiries and opt-in for newsletters and updates www. winnetteflores.blogspot.com 32
Current Scenario ,[object Object],[object Object],www. winnetteflores.blogspot.com 33
8b. Loyola remains #2:  8% share and increasing? www. winnetteflores.blogspot.com 34
La Funeraria challenges #2: 7% share and also increasing? www. winnetteflores.blogspot.com 35 TV  commercial
9. St. Peter is distributed nationwide ,[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 36
9. “Place” challenges for Interment ,[object Object],[object Object],www. winnetteflores.blogspot.com 37
10. St. Peter is low cost producer, supply and distribution leverage and differentiation leader ,[object Object],[object Object],www. winnetteflores.blogspot.com 38
SUMMARY www. winnetteflores.blogspot.com 39
Just one click away to the adults… ,[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 40 Steps 1 to 5
Adults pay for the services… ,[object Object],[object Object],[object Object],[object Object],[object Object],www. winnetteflores.blogspot.com 41 Steps 6 to 10
10 STEP Marketing Plan for www. winnetteflores.blogspot.com Winnette Flores February 2011 42

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Winnette Flores St. Peter Marketing Plan

  • 1. 10 STEP Marketing Plan for www. winnetteflores.blogspot.com Winnette Flores February 2011 1 Life Plan, Cremation Plan, & Chapel
  • 2.
  • 3.
  • 4.
  • 5. Positioning to the Primary Target Market www. winnetteflores.blogspot.com Part 1: Steps 1 to 5 5
  • 6.
  • 7. PTM needs to prepare their interment.. www. winnetteflores.blogspot.com 7 I want to secure my interment. I am happy when I prepared my burial. Reference: Maslow’s Hierarchy of Needs Marketing Management, 11 th Ed. Philip Kotler
  • 8. 2. Adults have unique needs, wants, and demands… www. winnetteflores.blogspot.com 8 Needs: adults need to secure and prepare his interment , gain self-esteem and achieve self- actualization. Wants: adults choose St. Peter over other memorial chapel because of price , company credibility and awareness, accessibility and convenience. Demand: adults demand quality funeral services and convenience to their love ones.
  • 9.
  • 10.
  • 11. St. Peter is #1 in the market: premium funeral service to adults www. winnetteflores.blogspot.com 11 St. Peter La Funeraria Paz Arlington Arlington La Funeraria Paz St. Peter St. Peter POSITIONING vs. PRICE Modern Facilities Imported and Locally-Made Caskets Transferability (Inter-chapel transfer, living to living or living to dead cremation plan) High Low
  • 12. St. Peter Positioning ( Supply and Distribution Leverage, Low Cost Producer and Distribution Approach ) to the Adult Market.. www. winnetteflores.blogspot.com 12 Service Positioning vs. Brand Map for Interment Many competitors in cremation and traditional memorial service positioning. SERVICES   BRAND MATRIX     Arlington La Funeraria Paz St. Peter Sanctuarium Loyola 1. Cremation Services           2. Traditional Memorial           Services (casket, chapel, Funeral coach & floral vehicle)           3. Columbarium           4. Special Services:           Butterflies, Doves, Balloons           Electronic Sevices           (E-burol, E-libing, E-habilin)          
  • 13. Loyola has “followed” St. Peter positioning and price www. winnetteflores.blogspot.com 13 Loyola has packages which match St. Peter price and service position
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22. Marketing Mix Strategy www. winnetteflores.blogspot.com Part 2: Steps 6 to 10 22
  • 23. 6a. St. Peter’s product like Loyola own superior caskets www. winnetteflores.blogspot.com 23 St. Peter Loyola
  • 24.
  • 25.
  • 26. 7a. Price - Brands are aiming for “affordable price points: P10K, 30K, <100K”, very hard for consumer to compare www. winnetteflores.blogspot.com 26 SERVICES   BRAND MATRIX     Arlington La Funeraria Paz St. Peter Sanctuarium Loyola 1. Cremation Services 100K 85K 60K 123K 85K 2. Traditional Memorial 55K 75K 34K 98K 40K Services (chapel, casket,           funeral coach & floral services)           3. Columbarium       130K    4. Special Services:           Butterflies, Doves, Balloons   1,500       Singer/Choir/Mourners       5K   Electronic Sevices           (E-burol, E-libing, E-habilin)     inclusive    
  • 27. 7. Price Conclusion St. Peter is 70% less than Loyola and 120% lesser than Arlington www. winnetteflores.blogspot.com 27 SERVICES   BRAND MATRIX     Arlington La Funeraria Paz St. Peter Sanctuarium Loyola 1. Cremation Services 170% 150% 100% 200% 150% 2. Traditional Memorial 160% 220% 100% 300% 120% Services (chapel, casket,           funeral coach & floral services)          
  • 28. 8a. St. Peter uses Personal Selling, Word of Mouth, Sales Promotion, Events & Experiences and Advertising 1 5 2 7 6 www. winnetteflores.blogspot.com 3 4 28
  • 29. 8a. St. Peter has mass appeal commercials www. winnetteflores.blogspot.com 29 0:29 ST . PETER LIFE PLAN MAINTAINS ITS LEADERSHIP IN THE PRE-NEED INDUSTRY! 0:31 St. Peter Life Plan & Chapels TVC Production house: Infomermedia EP: Jopay Guillermo Dir: Marla Ancheta DOP: Dix Buhay AD: Marvel Julian PD: Michel Reginald PM: Winston Familara ...
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  • 32. St Peter leverage online inquiries and opt-in for newsletters and updates www. winnetteflores.blogspot.com 32
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  • 34. 8b. Loyola remains #2: 8% share and increasing? www. winnetteflores.blogspot.com 34
  • 35. La Funeraria challenges #2: 7% share and also increasing? www. winnetteflores.blogspot.com 35 TV commercial
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  • 42. 10 STEP Marketing Plan for www. winnetteflores.blogspot.com Winnette Flores February 2011 42