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This strategic marketing plan aims to position Serenitea as the top choice for drinks among youth, leveraging the growing trend towards healthy living and economic growth in the Philippines. Analysis includes a SWOT evaluation, highlighting opportunities like the current green tea craze and threats from significant competition. Objectives are set to enhance brand awareness and foster customer loyalty through targeted advertising and promotions. Key strategies include utilizing social media, partnerships, and strategic store locations to attract the target demographic.
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Opportunities • Trends towards healthy living (evidenced by the success of C2 green tea) • Current green tea craze • Economic growth in the Philippines is steadily increasing • Warm tropical climate
Threats • Big number of competitors • The fast turnover of “fads” once a new product comes along
Strategic Direction • Serenitea has a lot of products and are constanly developing new ones, basically the sheer number of choices and combinations are what makes it very successful among the youth • Also the nature of the product (milk tea) will only be appealing to a certain age group – the school age group and young adults • Therefore the group decided to penetrate the existing market with the existing products
Goals • To be the first choice of drinks among the youth • To increase profit through brand advertising and publicity • To increase promotions • To obtain customer loyalty
Objectives • Create advertisements and billboards which will target the youth (facebook, twitter, TV) • Tie ups with credit card companies (BDO, Citibank, etc) • Create promos in Groupon / cash cash pinoy • Develop a Loyalty card/ a planner/ merchandise • Place stores near schools, parks and hip places where the youth gather
Target Market • Segmentation
Branding • Brand DNA • Brand Positioning
One Sentence Positioning Statement • For___________________ who • (PTM demographic) __________________ (PTM psychographic) • _____________ is the ____________________ • (brand) (competitive category) • that provides/makes/gives/offers/brings/etc. ___________________________ (distinct benefit)
Another Example For upper middle-class men who demand the most of themselves, Boardroomis the fitness centerthatprovides personal trainers who bring the most vigorous work-outs directly to office or home
Other Important Moves (Optional) • Service Marketing • Global Marketing • Marketing Warfare • Blue Ocean
Session 12 • Special Topics • Service Marketing • Global Marketing • Marketing Warfare • Blue Ocean
Session 14 • Research Presentation
Session 15 • Executive Session – Marketing Forum