Basic Marketing plan, Slides of Marketing

basic marketing plan for floor manufacturing product

Typology: Slides

2018/2019

Uploaded on 10/11/2019

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Marketing Plan for
Prima Plain Flour
1kg Pack
Group - A3
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Marketing Plan for

Prima Plain Flour

1kg Pack

Group - A

Introduction

  • Singapore based company
  • Prima Ceylon (Private) Limited comes under Prima Group,

established in 1977

  • Advanced Swiss technology, high efficiency grain milling capacities
  • Prima had a monopoly in milling until mid 1990s until Serendib

Mills was set up.

Situational Analysis

SWOT Analysis

Market leader with overall market share of 75%.

Trustworthiness through 40 years of brand image

Island wide distribution network. (Availability)

Easy to use

Fresh and Hygienic

Higher Durability than scoop flour

Market leader with overall market share of 75%.

Trustworthiness through 40 years of brand image

Island wide distribution network. (Availability)

Easy to use

Fresh and Hygienic

Higher Durability than scoop flour

Strengths

SWOT Analysis

Increase in the fast food consumption with the busy life

style

High concern on hygienic flour.

High profit margin

Increase in the fast food consumption with the busy life

style

High concern on hygienic flour.

High profit margin

Opportunities

SWOT Analysis

Government price controls for flour.

Threat from the substitute products

Less healthier (Ex-Rice flour is more healthier)

Price gap with scoop flour and other competitor flour.

Competition from local competitors with Sri Lankan identity.

(No Emotional relationship)

Government price controls for flour.

Threat from the substitute products

Less healthier (Ex-Rice flour is more healthier)

Price gap with scoop flour and other competitor flour.

Competition from local competitors with Sri Lankan identity.

(No Emotional relationship)

Threats

Market Demographics

Region - Families across the country

Age - Age group between 10 -

Gender โ€“ Male/Female

Income class โ€“ Middle and upper middle

Marketing Strategy

Target Markets

Positioning

Marketing Mix

Segmentation

  • Geographic - City areas (Super Markets) - Sub urban areas (Main retail shops)
  • Demographic - Middle class - Upper middle class
  • Psychographic - Hygienic concern households
  • Behavioral - Benefits - Potential uses - Positive attitudes

Positioning

Prima Plain Flour 1kg as a premium product

in terms of,

o

Hygienic

o

Quality

o

Easy to use

Positioning Statement

Positioning through Marketing Mix

4Pโ€™s strategy for Plain Flour 1kg

o

Product

o

Price

o

Place

o

Promotion

Price

o Premium price โ€“ Price effects the quality (โ€œ high price high quality โ€)

o

Special price for Self Employed food makers

o

Mentioning โ€œ Cleaned flour โ€ logo (Piripahadu Karana Lada) to show the

price is reasonable. (Use cooking experience when advertising)

Place

o

Super Markets โ€“ to capture the target market

o

Main Retail shops โ€“ to enhance the availability