Marketing Plan
Marketing Plan
Marketing Plan
Researchers:
MAGSUMBOL, BERENICE CHRISTIANA C.
ESTACIO, DIANELLE YASDANE L.
FAMPULME, GRACELY MAE F.
FABIAN, JOHN LOYD T.
MAYOR, GERALD A.
July 2020
TABLE OF CONTENS
CHAPTER I
MARKET STUDY
INTRODUCTION
There are specific things that bunch of people use every day even multiple times
a day. One of those things is a tumbler. For tons of years tumbler is prominent for its
use not only for the travelers but also for our daily lives. Whether you drink coffee, tea,
or some other beverage you need a tumbler that operates well. Not only should your
standard of living due to the enlarging economy. This growth led to spilling demands for
more futuristic and convenient products such as portable devices and that is one point
business that spans to local and international market, the researchers thought of
creating a company that can manufacture a product that could enhance human life.
device. The researchers wants to communicate with to their target customers that they
are with them in their day-to-day struggles. This product can relieve some burdens and
let their minds get into the state of tranquility even in tough circumstances.
MARKET DESCRIPTION
Many people are using paper cups as their container for their hot beverages, it
may seem environmentally friendly but using paper cups leads to 6.5 million trees cut
down every single year. Tumblers are in the business world nowadays for keeping your
favorite drinks hot or cold for at least a specific hour whether you want to drink tea,
coffee, or fresh juice but Aquaenix is a portable thermal tumbler designed and intended
Drinking caffeine or tea while listening to music has a benefit of making the brain
relaxed and improves productivity that is why Aquaenix has a unique specification of
portable thermal tumbler is it has environmental benefits such as lowering the amount of
waste in landfills protects animals and their natural habitat, cost-efficient, helps the
company grow, and reduces plastic bottles. With plastic bottles affecting not only the
earth’s resources but the personal health of the people who drink from them, switching
The biggest advantage of Aquaenix is that the consumers may not be able to
reheat coffee or tea while outdoors or on the move, Aquaenix can quench your thirst at
anytime and anywhere, without compromising your hot drinks. By purchasing Aquaenix,
it has some neat advantages. The market offers plenty of variety to ensure a
This section presents the gathered data by the researchers through the use of a
survey questionnaire. The data will be presented through figures and tables according
2) Age
AGE
30
26
25
20
15
10 8 8
5 4
1 1 1 1
0
19 20 21 22 23 24 25 45
Age
Figure 1. Age
Figure 1 presents the Age of the Respondents. The result above shows that
there are 4 or 8% were aged at 19, 26 or 52% were aged at 20, 8 or 16% were aged at
21 and 22, and 1 or 2% were 23, 24, 25, and 45 years old. This figure shows that most
MONTHLY INCOME
12%
2%
Less than ₱10,000
₱10,001 - ₱20,000
14% ₱20,001 - ₱30,000
₱30,001 - ₱40,000
52% ₱40,001 - ₱50,000
₱50,001 and above
6%
14%
with less than 10,000 is 52% and 50,001 and above is 12%. This will help us in
conducting the right price range and make strategic decisions accordingly.
4) Do you drink any hot beverages such as Coffee, Tea, Milk, Hot Chocolate, etc.?
Yes
No
98%
Figure 3 presents if respondents drink hot beverages like Coffee, Tea, Milk, Hot
Chocolate, etc. The result delineates that mostly of the respondents do drink hot
beverges, which is 98%. Moreover, it also shows that only 2% of them are not fond of
drinking it. This means the the proposed product would meet the needs of the its
potential consumers.
5) Do you use vacuum insulated tumbler for your hot beverage?
Yes
46% No
54%
Figure 4 presents if the respondents use a vacuum insulated tumbler for their
beverages. The result conveys that 54% answered “yes” and this serves that
commending of the respondents do solely prefer to keep their drinks as hot and cold.
Additionally, a portion of 46% who responded “no”, which delineates that they much
prefer to drink their hot beverage right away. This signifies that one of the attributes of
consumers.
6) If yes, What are the main reasons for using a tumbler?
It is portable to use 24
Long-lasting durability 19
0 5 10 15 20 25 30
Figure 5 revealed that “It keeps my beverage insulated for hours”, is the nearly all
the reason that would prompt the probable consumers to purchase it, which gained
about more than 25 votes. It does mean that the proposed product would be much likely
USEFUL FEATURES
More Convenient 33
It is durable 29
Heat-retaining abilities 38
Leak-proof 31
No Condensation 16
0 5 10 15 20 25 30 35 40
USEFUL FEATURES
Figure 6 represents the useful features of a tumbler for a consumer and it shows
that the favorable feature of the proposed product is its “Heat-retaining abilities”, which
achieved more than 35 votes. These votes can be claimed due to a crucial reason that
the probable consumers do wants leisurely drink from at home, in the office or more.
Figure 6 also depicts more votes on its expedient or “more convenience” which
gathered more than 30 votes just like the “leak proof”. This depicts that the general
features of a tumbler is much a concern of a feasible consumer. This also means that
SPECIFICATION
Heater Tumbler 25
Aesthetics 25
Cost Effective 30
Speaker 22
Environmental Friendly 31
0 5 10 15 20 25 30 35
SPECIFICATION
Figure 7. Specification
tumbler. The "Portable Heater Function" receives the highest votes. This function is a
unique specification that gives the product a head advantages compare to other brands.
The second-highest vote goes to "environment friendly." It implies that having a product
that preserves our environment has a high impact on customers' demand. The third-
highest vote goes to the "cost-effective". It indicates the cost and quality must meet the
QUALITY
8%
62%
Figure 8. Quality
Figure 8 presents the expectation of the respondents’ quality for the portable
thermal tumbler. The results above show that majority of 62% votes for the “Product
quality should be much higher than the others,” 30% votes for the “Product quality
should be the same than the others” and 8% votes for the “Product quality should be
lower than the others.” It is a fundamental rule that the higher the product quality, the
higher the cost. This question helps us to determine whether the customer will invest
RECOMMENDATION
Yes
No
100%
Figure 9. Recommendation
The results above show that 100% of the respondent will recommend it to their friends.
It implies that the function and quality of the portable thermal tumbler fulfill the customer
customer. Customer satisfaction plays an essential role in the business because it is the
best indicator of how likely a customer will make a purchase in the future. Companies
available market at which a business aims its marketing efforts and resources. It is also
Primary Market
The “Phonics” is targeting the coffeeholic consumers, who loves drinking coffee.
Segmentation includes that most of our consumers are 20 years old with a monthly
income of less than 10,000 pesos who drink any kind of hot beverages such as Coffee,
Tea, Milk and Hot chocolates with the use of vacuum insulated tumbler for their hot
beverages.
Secondary Market
Consumers can get their drinks inside a cafe for more safe and encouraging
space for them to do what they need to do while still having an enjoyable experience.
The reason why this market has been selected is that it offers a variety of unique
features that functions to reheat hot beverages that will benefit the coffee and tea
consumers the most. The reason also for using this tumbler is to keep their beverages
insulated for hours. The useful features of this tumbler is that it have a heat-retaining
ability. It also have a portable heater function that makes the consumers to buy the
product, and compared to other tumblers that you can see on the market it has much
higher than the other. The assumed information about the product was based from the
result obtained from the survey that we conducted from random students.
PRODUCTION CAPACITY
= 480 minutes
Production Capacity:
Pricing is one of a business' most important aspects, for the product's price is the
expense of the material and providing a profit margin at each end. The quality of the
SWOT ANALYSIS
A SWOT analysis is a compilation of your company's strengths, weaknesses,
develop a full awareness of all the factors involved in making a business decision.
STRENGHTS
Strengths are both internal and positive factors. It defines measurable and
abstract constructive qualities that are essential to the product. They are the
Portable
Detachable parts
Replaceable parts
Durability
Rechargeable
WEAKNESS
the negative and internal factors that affect your organizational successes. Weakness
are all those things your company do not do well in which you need to enhance in order
Costly
The sales for the summer season are expect to be under average.
OPPORTUNITIES
Opportunities refer to favorable external factors that could give an organization a
THREATS
Threats are both external and negative factors. It is everything that poses a risk
to the company itself or its likelihood of success or growth. Threats could include
emerging competitors, changes in regulatory law, financial risks, and virtually everything
Safety of workers with the use of electronic power any power shortage
may occur
should e
MARKETING STRATEGY
For every company, the development of a marketing plan is essential. Without it,
the advocates' attempts to attract customers are likely to fail because marketing
determines the product's demand. The strategy focuses on ensuring the companies
meet the needs and desires of the customer. Therefore, all the company's marketing
goals are integrated into one detailed plan, creating a sustainable competitive
advantage.
marketing segment into the competitive world and develop more strategies for achieving
its marketing goals. All marketing campaigns should design realistic, observable, and
timely goals. If its goals have accomplished, the feasibility of the methods used must
itself, like the Portable Thermal Tumbler, is an upgrade to the existing product.
advantage and awareness of the brand. That is why this company aims to adopt a
broader marketing approach, not only to build brand recognition but also to develop
deeper connections with the target audience, which they feel would also help sell the
product.
MARKETING MIX
The researchers concluded the marketing mix or 4P’s to seize, enlightens to any
possibilities, and promote a product in the topmost effective way. The company will
focus on exceptional offered products to meet consumer interest, a sensible price for its
consumer, a place where the product can supply, and the promotion that will become
PRODUCT
Aquaenix is a thermal tumbler suitable for coffee and tea drinkers wherein they
can bring it anywhere they want. This portable thermal tumbler makes it convenient for
the consumers because they can reheat their drink for about six to eight minutes without
worrying about where to heat it. In addition, it comes with a speaker to enjoy and chill
with their beverage while listening to their favorite playlist. This product is easy-to-use
PLACE
Batangas City. The manufacturing plant's location was chosen due to its fulfillment to
the ideal standard measures in its locality, such as its lot size, labor accessibility, and
its people.
PRICE
PROMOTION
generating sales, and creating brand loyalty. It is one of the most important elements of
the marketing mix, for it is the technique of convincing or persuading the customers to
buy the product. Promotional tools will help increase customer traffic to target our
customers. In Phonics, the company will be offering promotional tools to attract our
customers such as free shipping and discounts. For the first 20 customers, they will get
a 10% discount. Another promo that the proponents will be offering is giving free
shipping for customers who purchased Php 2000 orders and above. Aside from these
promotional tools, we will be having advertisements on social media sites like Facebook
and Instagram where our consumers mostly spend their time with.
CHANNELS OF DISTRIBUTION
The channel of distribution's sole purpose is to bridge the gap between the
manufacturer of the product and the consumer of it, whether the parties are situated in
the same community or different countries thousands of miles apart. The channel of
distribution is defined as the most efficient and effective way of placing a product into
three different steps. It will go through the manufacturing process, and the finished
products will deliver to the distributors or retailers such as coffee and teashops. Lastly,
the product would then reach the products into the hands of the customer, making it the