11 Chapter III Marketing Aspect
11 Chapter III Marketing Aspect
11 Chapter III Marketing Aspect
MARKETING ASPECT
This chapter will cover the following marketing objectives, methodology, target
market, demand analysis, supply analysis, demand and supply analysis, projected sales,
S.W.O.T. matrix, marketing mix, and competitor analysis of the business. (You can still
Marketing Objectives
1. To create brand awareness by 10% each month and have a presence on social
media.
Target Market 👉 Identify and describe your target market. (Who is buying the product or
service? Who is your target market?)
👉 Describe your target market based on demographic, geographic,
behavioral and psychological variables.
Target Market
The target market are the residents and visitors of Lucena City as the business is
situated within the compound of Phoenix Gas Station which is nearby several
neighborhoods and subdivisions, as well as various workplaces such as offices, resorts,
and a hospital, schools, and other commercial establishments. The fact that Lucena is a
highly urbanized city implies that the purchasing power of the residents is at a high level.
employees, walk-ins, passersby, travelers, students, and others especially the health-
Demand and 👉 Determine the relationship between the quantity of commodity that
Supply Analysis producers/existing businesses sell at various prices and the quantity that
consumers wish to buy.
👉 This section depends on your survey questionnaire from the competitors
and target market.
👉Requirement for Final defense.
Demand 👉 Find secondary data that will describe the present demand of your
Analysis business. Prove and determine whether there is a demand for the business.
If low or NO demand, the business is not feasible.
👉You can also determine demand based on the total number of populations
in a given area where you will place your business. Use demographics
factors to determine compute for possible demand.
👉How many customers are there? Who are they?
Discussion of your secondary data based on researches from books, statistics,
questionnaire through the use of Google Forms. The purpose of the online survey
questionnaire is to assess the market feasibility of the product by obtaining the necessary
data and relevant information from the intended respondents regarding the proposed
project.
Figure 3.1 shows the distribution of respondents according to the age group they
belong to. In terms of age, this reveals that out of 100 respondents, 40% are the age of 21
to 30 years old which is an indication that the majority of the target market belongs to the
so-called Gen Z group. This gives the business an idea to determine the preferences of the
other groups in order to create an appropriate marketing strategy. Moreover, 31% are the
age of 12 to 20 years old, and 16% are the age of 41 to 50 years old. While 9% are the
age of 31 to 40 years old, and the remaining 4% are the age of 51 to 60 years old.
Figure 3.2 shows the distribution of respondents according to their civil status.
This reveals that out of 100 respondents, the majority are single, which makes up 72% of
the population, while the rest are married, taking 28%. This gives the business an idea of
creating promotional activities suited for groups of friends, and for couples as well.
Market Analysis
results indicate that out of 100 respondents, 40% of the population drinks 1 cup of coffee
each day, and 27% of respondents drink 2 cups of coffee each day, while 12% drinks 3
cups of coffee each day, then 4% drinks 5 cups of coffee and above each day, and lastly
the remaining 3% drinks 4 cups of coffee each day. Thus, the business can possibly add
up the production to meet the demand of the customers that drink more than one (1) cup
of coffee.
Figure 3.4 shows that out of 100 respondents, 82% of the population go to coffee
shops, while 18% do not go to coffee shops. This indicates that there is a high chance of
opportunity for the business since the majority of the people come and visit coffee shops.
Supply Analysis 👉Find secondary data that will describe the present supply of your
business. Prove and determine if there is insufficient supply of products or
services of the business that you will engage in.
👉How many are the supply from different suppliers?
👉Note: Supply here are coming from competitors selling the same products
or substitute products not suppliers of raw materials of the business.
Discussion of your secondary data based on researches from books, statistics,
When the respondents were asked about their average daily sales, the majority
answered above Php 25,000, taking up 83.3% of the population, while the remaining
16.7% answered the range of Php 7,000 to Php 8,999 average daily sales. Thus, the
business targets to have an average daily sale of above Php 25,000 in the long run.
Figure 3.6 Selling price range of the coffee products
When the respondents were asked about the selling price range of their coffee
products, the majority answered Php 110 and above, taking up 66.7% of the population,
while both the ranges Php 70 to Php 89 and Php 90 to Php 109 have a similar rate of
16.7% on their selling price range of coffee products. Thus, the business can use the
Projected Sales 👉 A sales projection is the amount of revenue a company expects to earn at
some point in the future.
👉 It's a prediction that is synonymous with a sales forecast.
👉This could be based on the demand of the market (your survey) or based
on the capacity of your machines, plant, stores.
👉Requirement for Final defense.
Demand analysis is based on population and market survey result
It deals with the number of production or number of product sold in a specific trade area/market.
S.W.O.T. Matrix 👉 Identify 5 for each S. W. O T.
👉Use the four windows for SWOT
👉Discuss the S. W. O. T. of the business
SWOT Matrix
Strengths Weaknesses
Opportunities Threats
The figure 3 shows a comprehensive view of the company’s key strength and
weaknesses, potential opportunities and threats. The SWOT analysis determines potential
advantage of a business wherein the internal and external factors will serve as the bases
Strengths
The strength of the company provides a competitive advantage among others. The
business potential strength that stated above are health benefits of Ampalaya coffee,
affordable price, the only business that produce Ampalaya coffee in the municipality of
because Ampalaya are possesses vitamins and minerals that helps people to treat
diabetes, enhance body immunity, haemorrhoids relief. Another strength is that the only
business that produce Ampalaya coffee in the municipality of Sariaya, it will great
strength because there’s no direct competitor .New flavour of coffee, it will be their
trademark that retain to the mind of consumers especially the taste of the coffee .Lastly
the availability of raw material, especially that the main raw material is the Ampalaya
seeds that grown by anytime of the year and also in our site location there’s a near farm
of Ampalaya there.
Weaknesses
The company weaknesses are a resource or process that limiting the company's
ability to reach its full potential. Companies are often analyze and identify their
weaknesses in order to be prepare in the incoming trade off. The identify weaknesses of
Kape De Ampalaya will be not known in the market, because they are new entry of
Ampalaya coffee in their target market. Next is less accessible in the market, of course
they are new once and there are many competitors out there. Also the taste of Ampalaya
coffee vs Commercial coffee, because we all know that many people hate the taste of
ampalaya, which will lead in the bad impression or possible trade off of Kape de
Ampalaya than commercial coffee which are habit and tested by other consumers. The
The last weaknesses that proponent identify will be the unreliable cash flow in
early stage of business operation due to slow business and high cost.
Opportunities
Every business has its own SWOT analysis to know and improve the business.
One of them is the opportunities. Some of the opportunities of Ampalaya coffee is, it is
new in the market. Because it is new in the market, there is an opportunity that the
consumers of coffee will taste it to test if it suits to their preference. Another opportunity
Ampalaya coffee. When the consumers will like the taste of this coffee, the business can
develop another product that has a chance to help the business increase its revenue and
can also benefit the consumers as well. Aside from those opportunities, there is another
one, and it is the opportunity of becoming a drinking habit of many Filipinos. Why?
Because we all know that many Filipinos are coffee addicts, so this Amapalaya coffee
Threats
The business threats are the environmental effects, shortage of raw materials, pest
and disease, the tendency of changing consumer taste, tough competition from local
flash flood which may affect the inset of ampalaya so there is a chance that the supply of
ampalaya will also affected it can be result of shortage of raw materials. Pest and disease
is another threat that will face of the business it will affect the supply of raw materials.
The tendencies of changing consumer taste, nowadays consumer in terms of taste they are
seek to find other taste. Tough competition from local players of branded coffee can
bring down because there is a chance that the other business has a good offer to our
This part of business plan is where most business put most of their effort specially
when the demand of the product is low marketing program is use to spread out a business
offers it may be added grow of expense and usually it’s a bit costly but at the end of the
day if sales go up, then your expenses in this program will be cover up due increase your
profit as well. So it’s really important to choose the best options to make demand higher.
Product Strategy
The Koffe Mo’Ko Manufacturing Co., provide a quality product that deserves
of the consumer. We offer Ampalaya coffee with high benefits. We have good packaging
Product Description
The product of the Koffe Mo’Ko Co. is made up from fresh ampalaya seeds.
The table above shows the picture of the product, its description and price of the
product. There is one size of packaging which is 150 grams. The price of 150 grams is
100.00 pesos.
Packaging Strategy
business industry. It helps to consumer to easily find the brand they looking for. The
packaging of the product consists the name and logo of the business, the size, and health
packaging)
Figure 22. Packaging
Table 13.
Packaging Cost
Total ₱336,600.00
The packaging is called zip lock stand up pouch that is available in the
company of Entre Pouch at Unit 107 Pearl of the Orient Tower, Roxas Blvd., Ermita,
Manila, Roxas Boulevard, Ermita, Maynila, 1000 Kalakhang Maynila in the Philippines,
it also available in shopee, Lazada and can order through facebook. Entre pouch offer
different prices depend on the bulk order for 10,000 and above it is 7.23 pesos only. Print
of sticker product is for 1.27 pesos only, which will be contracted to printing services in
Lucena City.
Pricing Strategy
Cost-plus pricing, also called mark-up pricing, it is the practice by a Koffe
Mo’Ko to determine the cost of the product and then add the desired percentage of
margin on top of that price to determine the selling price to the customer.
Cost-plus pricing is a very simple cost-based pricing strategy for setting the
prices of goods and services. Add the direct material cost, the direct labor cost, and
to the total cost to determine the selling price. The mark-up percentage is profit.
Step 1: Determine the total cost of the product or service, which is the sum of fixed and
variable cost (fixed costs do not vary by the number of units, while variable costs do).
Step 2: Divide the total cost by the number of units to determine the unit cost.
Step 3: Multiply the unit cost by the markup percentage to arrive at the selling cost and
Fixed Cost:
Variable Cost:
Distribution Channel
The distribution of coffee product has four channels. It is start from the
producer or manufacturer, next is to the wholesaler, to the retailer and lastly to the
consumer. The product will be deliver using delivery vehicle to stores. This is distributed
Retailer Consumer
The promotional strategy helps the business to promote their product. The
choice of a target market and formulation of the most appropriate promotion will
influence the customer to buy our product. Advertising is one of the best promotional and
common techniques to use conclude that this is effective way of attracting and get
attention of customers. Koffe Mo’Ko Co. provides tarpaulins and flyers, transit
Table12
The table above shows the advertisement tools and its cost. It consists of
tarpaulin, fliers, brochure, product giveaways and free taste with stand and web page. The
tarpaulin will be posted near in the road, and some retail stores, while the fliers will be
conduct by the marketing staff and will be giving in the places where there are many
people near in targeted market (Candelaria, Lucena and Sariaya).Also the free taste and
product giveaways will conduct in the park, public market, near in the retail store and
places where there’s an event that has many potential customers. The total cost of
advertisement is ₱34,080.00.
enter a certain industry, he must know that there are other businesses who offer the same
products and services as him. This competition can be a means of promoting the business
to achieve greater number of loyal customers and gaining more profit, but if not
strategically planned, it can be means of losing them. Therefore, knowing the competition
and the business’s competitors is a crucial step in entering a business. In this matter,
Koffe Mo’Ko Co., as a mentioned in the previous chapter, has a few numbers of indirect
competitors.
Table 3.
Marketing Strategies of Indirect Competitors (GreenPasture Corporation)
Moringa 250.00
+ Silver
Coffee per box
Table 4.
Marketing Strategies of Competitors (DMI Medical Supply Co., Inc.)
Products Image of Channel of
Pricing Advertising & Promotion
Offered Packaging distribution
Social media
Radio Ad.
Table 6.
Marketing Strategies of Competitors (GOLDSHINE Pharmaceutical, Inc.)
Social Media
Jimm’s Bundle products
179.00
5 in 1 Radio Ad. 4 Channel
Coffee per box
Mix 12’s Tv commercial
Jimm’s
121.40
3 plus 1
Coffee for 12
Mix with sachets
Ginseng
Table 7.
Marketing Strategies of Competitors (Ultra Green Company)
Products Channel of
Image Pricing Advertising & Promotion
Offered distribution
650.00
Competitors Analysis
Based on the table about analyze/compare your advantages or disadvantages over your
competitors.
What will you do to if competitors are much advantageous over your company?
Date
Dear Ma’am/Sir,
Greetings of peace!
entitled “Feasibility Title” as partial fulfilment for the requirement of Business Research
Rest assured that any information you will share will be kept confidential and will
be used solely for academic purposes. Thank you very much for your time and
Appendix B
QUESTIONNAIRE
Sex
__ Male
__ Female
Age
__ 12 - 20 years old __ 41 - 50 years old
__ 21 - 30 years old __ 51 - 60 years old
__ 31 - 40 years old __ Above 60 years old
Civil Status
__ Single __ Separated
__ Married __ Widowed
__ Divorced
Occupational Status
__ Student __ Unemployed
__ Employed __ If others, please specify: ______
__ Self-Employed
Source of Income
__ Allowance __ Business
__ Employment __ If others, please specify: ______
Monthly Income
___ Below Php 10,000 ___ Php 26,000 - Php 40,0000
___ Php 10,000 - Php 25,000 ___ Above Php 40,0000
1. Frequency of buying:
How often do you buy groceries? How often do you eat in a restaurant/ fast food? How
often do you buy this product?
❏ Daily
❏ Once a week
❏ Twice a week
❏ Once a month
❏ Twice a month
Other: Please specify__________
4. Product preference
What flavor/variants of product do you usually buy? You can choose more than one.
__ Avocado
__ Banana
__ Mango
__ Strawberry
__ If others, please specify: ______
5. How much do you usually spend _________? How much are you willing to pay
for a product?
__ Php 50 - Php 69
__ Php 70 - Php 89
__ Php 90 - Php 109
__ Php 110 and above
food, restaurant)
● What type of payment terms preferred by your customers? (Cash, Gcash, Credit
card, etc.)
1. If ever there is a new product/service in the market, are you willing to try our
new product/service?
__ Yes
__ No
3. How much are you willing to pay for our new product/service?
__ Php 50 - Php 69
__ Php 70 - Php 89
__ Php 90 - Php 109
__ Php 110 and above
4. Which flavors/variants do you prefer? You can choose more than one. (Based on
the variants, flavors /product categories your offer)
__ Avocado __ Orange
__ Banana __ Strawberry
__ Mango __ If others, please specify: ____
Date
Dear Ma’am/Sir,
Greetings of peace!
entitled “Feasibility Title” to gather relevant information and to assess the market
your business operations. In this regard, may we request you to answer all the items
Rest assured that any information you will share will be kept confidential and will
be used solely for academic purposes. Thank you very much for your time and
Researchers/Proponents
QUESTIONNAIRE
Instruction: Please indicate the answer on the space provided based on the
requested data. (Optional)
Name: _________________________________
Business Name: __________________________
Business Location: ____________________________________________________
Date of Establishment: __________________________
Instruction: Please put a checkmark ( / ) on the space that best corresponds to your
answer.
8. What are the marketing tools you currently use? You can choose more than one.
_____ Social Media (Facebook, Messenger, Instagram, Twitter)
_____ Newspaper
_____ Flyers/Leaflets
_____ Posters/Tarpaulins
_____ Radio Advertisement
_____ Television Advertisement
_____ Website
_____ Other: Please Specify ___________________
9. What are the sales promotional strategies you currently adapt to attract
customers? You can choose more than one.
_____ Buy 1 Take 1
_____ Customer’s Loyalty Card
_____ Discount
_____ Freebies
_____ Other: Please Specify ___________________