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Situation Analysis for MI FYP

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    Situation Analysis

    Nur Amira Syafina Binti Mohd Mokhtar

    1102700592

    MMI 3313 Media Innovation

    Faculty of Creative Multimedia

    Delta Year

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    TABLE OF CONTENTS

    Chapter 1 Project Overview1.1 Introduction1.2 Problem Statement and Issues1.3 Objectives and Aims

    Chapter 2 Project Profile2.1 Product Name2.2 Product Classification2.3 Product Characteristics2.4 Product Range

    2.5 Distribution2.6 Product Life Cycle2.7 The Brand2.8 Brand Image and Implication2.9 Strength and Weaknesses2.10 Advantages and Disadvantages2.11 Unique Selling Proposition (USP)2.12 Promotional History and Advertising Schedule2.13 Positioning Statement

    Chapter 3 The Company3.1 Company Overview3.2 Business Description3.3 Company History3.4 Key People3.5 Location and Subsidiaries3.6 Brands, Major Products and Services3.7 Corporate Vision3.8 Corporate Mission3.9 Companys Current Promotional Strategy3.10 Product Sales History

    3.11 Current Marketing Objective3.12 Media Expenditure

    Chapter 4 Consumer and Stakeholders4.1 Current Consumer Characteristics

    4.1.1 Demographics4.1.2 Psychographics

    4.2 Stakeholders Characteristics4.2.1 Primary Stakeholder4.2.2 Secondary Stakeholder

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    Chapter 5 Industry and Marketplace5.1 The Industry

    5.1.1 Definition of the Industry5.1.2 Shape of the Industry5.1.3 Development of the Industry

    5.2 The Marketplace5.2.1 Current Condition of the Marketplace5.2.2 Changes In Marketplace

    Chapter 6 Competitive Situation6.1 Direct Competitors6.2 Indirect Competitors

    Chapter 7 SWOT Analysis7.1 Strengths7.2 Weaknesses

    7.3 Opportunities7.4 Threats

    Chapter 8 Strategic Target Audience8.1 Proposed Primary Target Audience

    8.1.1 Demographics8.1.2 Opportunities

    8.2 Proposed Secondary Target Audience8.2.1 Demographics8.2.2 Psychographics

    Chapter 9 Research Development9.1 Marketplace Research9.2 Market Observation9.3 Online Survey9.4 Interview9.5 Others

    Chapter 10 Precedent Studies10.1 Advertising Strategies10.2 Precedent Studies

    Chapter 11 Reference

    Chapter 12 Appendices

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    Chapter 1

    Project Overview

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    Chapter 1: Project Overview

    1.1Introduction

    Bookstores are a common thing in Malaysia, a familiar sight from the moment

    you start your childhood. They provide all kinds of necessities whether it is for

    preparing for a new school year with various stationeries and textbooks to

    romance novels to read in leisure. It is indisputable that there would be all kinds

    of bookstores competing for attention and customers in the Malaysian market,

    from independent bookstores to large-scale bookstore franchises. Local chains

    fiercely compete with the international franchises that have entered the local

    scene.

    MPH Bookstore is one of the largest bookstore chains in Malaysia with currently

    27 outlets in Malaysia; 17 in the Klang Valley, 3 in Johor, 2 in Negeri Sembilan,

    and 1 each in Perak, Pulau Pinang, Melaka, Kedah and Sarawak operating under

    the MPH Bookstores brand name, as well as 4 outlets in Singapore. This number

    is also increasing with more outlets opening up in various new locations. They

    are bookstore chain under the MPH Group, a Malaysian group of companies best

    known for its book retailing, is involved with printing, publishing and distribution

    of books and library services in Malaysia and Singapore. It was founded in 1890

    by Captain W.G Shellabear over a hundred years ago and is arguably one of the

    oldest bookstore chains in Malaysia.

    MPH Bookstores stocks on a large variety of book genres as well as stationery

    though it holds a significantly larger section of local books in both English and

    Malay with an effort to support local writers with their Writers Circle that also

    holds many in-store events. MPH is also the main book distributor for Malaysia

    and products from the store can also be purchased online.

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    1.2Problem Statement and Issues

    Due to intense competitors from other bookstore franchises, MPH faces the

    problem of their customers having preferences over other bookstore names. They

    also have customer perception of not having as much selection of books although

    they have a much larger selection for local Malaysian publications compared to

    other rival bookstores. Big promotions are also not well advertised to attract

    customers attention as well as a rather outdated design.

    1.3Objectives and Aims

    Objectives: To create a new advertising strategy promoting the local publications that

    is retailed at MPH Bookstore.

    To create more individuality in the designs to make its identity more eye-

    catching.

    To conduct more activities and events promoting all the great promotions

    held by MPH Bookstore.

    Aims:

    To bring awareness of the specialty of the publications that are retailed at

    MPH bookstore, giving it a more concrete identity.

    To give MPH bookstore a new updated look without completely altering

    the familiar image it already holds.

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    Chapter 2

    Project Profile

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    Chapter 2: Project Profile

    2.1 Product Name

    MPH Bookstore

    2.2 Product Classification

    MPH Bookstore is a bookstore chain that provides book retailing with a

    wide range of genres including international and local published books

    along with stationery.

    2.3 Product Characteristics

    Type:

    Books and stationery

    Pricing range:

    Books: RM 7.50 RM 180.00

    Stationery: RM 3.00 RM 430.00

    Online services:

    Books or other products can be browsed and purchased online with

    delivery directly to your home.

    Phone in Reservation Service

    Desired books can be booked for reservation through the phone at all

    available MPH outlets for a time period of 3 days.

    2.4 Product Range Malaysian Collection

    Asian Collection

    Fiction

    Non fiction Humanities

    Non fiction Lifestyle

    Non fiction Personal Development

    Non fiction Professional

    Children & Teens

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    )

    Stationeries

    Office Tools

    2.5 Distribution

    MPH Bookstores products are distributed indirectly. Publishing houses store uses

    the bookstore as distributer for their books to be available to their customers.

    MPH Bookstore holds many different publications so that many different genres

    can be available to their customers at one convenient location.

    2.6 Product Life Cycle

    MPH Bookstore is at its maturity period

    2.7 The Brand

    MPH is one of the largest and oldest bookstore chain in Malaysia with 27 current

    outlets in Malaysia and 4 in Singapore. Since going through a few ownerships,

    MPH is now a wholly Malaysian owned company. Selling a great variety of books

    and stationeries, MPH Bookstore also creates effort to promote and support local

    writers with a larger selection of local publications and well as holding in-store

    events.

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    2.8 Brand Image and Implication

    MPH Bookstores have a many varieties of book genres available for retail with a

    large number of outlets nationwide available for the public. The MPH had both

    enjoyed successes and well as weathered storms for over a century. It has since

    grown and matured to become an important fixture in business in Malaysia. MPH

    Bookstores is a very familiar sight to many Malaysians and enjoy many constant

    customers. However with the stiff competitions for other rival bookstores

    boasting more number of books and selections, the attention is somewhat waning

    in the eyes of the customers.

    2.9 Strength and Weaknesses

    Strength of the product:

    Wide genres of books

    Plenty of stores nationwide.

    Affordable prices.

    Weakness of the product:

    Main product focus is books.

    Limited books.

    Un-exciting.

    2.10 Advantages and Disadvantages

    Advantages of the product:

    More different genres of books for the customers, especially forMalaysian publications.

    Outlets are easily accessible by the customers.

    Products are affordable for lower income customers.

    Disadvantages of the product:

    Not many choices for stationery and office tools.

    Not a huge number of books available compared to other bigger scale

    bookstores.

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    "+

    People dont really get excited at the prospect of going to a bookstore.

    2.11 Unit Selling Proposition (USP)

    MPH Bookstore is the oldest established bookstore of the nation with a wide

    variety of Malaysian publications in store and also takes a big part in supporting

    the local writing scene.

    2.12 Promotional History and Advertising Schedule

    Date Promotional and Advertising Description

    27/11/2009

    -

    6/12/2009

    Book Fair - Book fair with

    discounts on books up

    to 50%

    - RM5 specials off

    books if you bring

    along the leaflet to the

    book fair with

    purchases of RM100

    and above.

    - Get a 2-year MRC

    membership for

    purchases of RM80

    and above.

    - 20 MRC membership

    cards up for grabseveryday from

    30/11/09 till 4/12/09

    5/2/2010

    -

    7/2/2010

    MPH Members Weekend - Special offers for

    customers with

    membership cards.

    - Discounts of 10% to

    50% off on selected

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    titles.

    - Only at MPH Taman

    University and MPH

    Johor Bahru City

    Square.

    3/3/201

    -

    7/3/2010

    MPH Sale - MPH big sale with

    many discounts on

    books and

    stationeries.

    - Members enjoy

    additional discounts.

    1/5/2010

    -

    31/5/2010

    For Dummies Book Contest - Special promotion of

    20% off on all

    DUMMIES books in

    stores.

    - Every DUMMIES

    book purchase entitles

    customer to one lucky

    draw ticket.

    - Lucky winners will

    get to win many cool

    prizes.

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    7/5/2010

    -

    14/5/2010

    Gal Reads at MPH and Mothers Day

    Celebration

    - Special promotion

    after the bookstore

    unveiled a new look

    after a month long

    makeover.

    - Female customers are

    entitled 20% off on

    all book purchases to

    go with Mothers Day

    celebration.

    - Special events held in

    celebration of

    Mothers Day at

    selected MPH outlets.

    1/5/2010

    -31/5/2010

    Whats Cooking At MPH? - 20% off on any 2

    books on the selectedseries.

    - 3 series are available

    for the promotion.

    15/6/2010

    -

    20/6/2010

    MPH Book Fair - 20% off all books at

    MPH Book fair.

    - Located at Taiping

    Sentral, Perak.

    1/6/2010

    -

    School Holiday Good Reads - Special promotions

    on books in light of

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    30/6/2010 the school holidays

    - 20% off on any 2

    books of selected

    series.

    1/7/2010

    -

    4/7/2010

    MPH Members Sale - Big members sale

    - 20% off all books and

    10% stationeries,

    cards & gifts.

    - Selected title get 30%

    and 50% discounts.

    23/7/2010

    -

    31/10/2010

    10thYear Anniversary - 100 days of

    promotions

    celebrating the 10th

    year anniversary of

    MPH Bookstore.

    - Members top 10

    spenders get 10

    seconds of free

    shopping in selected

    outlet.

    - Skype live withinternational authors.

    - Book counting

    contest for a chance

    to win prizes.

    1/6/2011

    -

    13/10/2011

    MPH 105 Years & World Book Day - 30% off selected titles

    at all MPH outlets.

    - Events held in stores

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    "%

    for book launches and

    author appearances.

    - Members get

    discounts for talk

    tickets and events

    such as quizzes and

    competitions are held

    in store in conjunction

    of World Book Day.

    November

    2011

    Monthly Event - NYLA Sdn Bhd and

    MPH Bookstores

    organised a search for

    the Malaysian Junior

    Writer 2011 Essay

    Competition.- Author appearances

    in stores.

    20/1/2012

    -

    current

    BB1M Promotion - For every purchase of

    RM100 get a RM5

    book voucher for

    MPH Bookstores.

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    "&

    1/11/2012

    -

    31/12/2012

    Share a gift - A project by MPH to

    give back to give back

    to the community by

    gifting less fortunate

    children with books.

    - A Christmas tree is set

    up in stores where a

    customer then picks

    out a card for a child

    and then purchases a

    book that is suitable

    for their age along

    with a message for

    their selected child.

    - The book and the

    message will then be

    wrapped and sent to

    the children as a gift

    for them.

    2.13 Positioning Statement

    MPH Bookstore, a bookstore catering to the Malaysian publications and local

    writing scene, providing books to readers of all ages in Malaysia.

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    Chapter 3: The Company

    3.1 Company Overview

    MPH traces its roots to 1815 when William Milne, a young missionary, chose to

    set up a printing press in Malacca during 1815. In 1890 Captain W.G. Shellabear

    arrived in Singapore to establish a printing press known as the Amelia Bishop

    Press. The aim of the publishing venture was the printing of Christian literature,

    and eventually, the setting and printing of secular work was taken up. Amelia

    Bishop Press moved to Raffles Place in 1893 and changed its name to the

    American Mission Press. The Book Room was established to sell publications of

    the Mission Press, schoolbooks and other supplies for the Missions schools. In

    1900, Rev. William T. Cherry arrived and helped turn the foundations built by

    Shellabear into a multi-faceted organisation - printing, publishing, bookselling,

    and book distribution, which forms the arms of todays current company.

    3.2 Business Description

    The company, MPH Group is one that does book retailing, is involved with

    printing, publishing and distribution of books and library services in Malaysia

    and Singapore.It has 27 outlets in Malaysia; 17 in the Klang Valley, 3 in Johor, 2

    in Negeri Sembilan, and 1 each in Perak, Pulau Pinang, Melaka, Kedah and

    Sarawak operating under the MPH Bookstores brand name, as well as 4 outlets in

    Singapore that carry a wide variety of book genres as well as stationery and

    office tools. What sets out MPH Bookstores out from the rest is it has a larger

    section catered to local Malaysian publications especially for the interested

    readers. MPH Bookstores also play a very big part in supporting local writers

    with plenty of in-store events where reader can meet the authors in person

    whether it be for book signings, book launches, storytelling or talks held by he

    authors. MPH Bookstores also hold writing contests in order for more fresh new

    writers to be discovered for their talents. Since 2002, MPH is now a wholly

    Malaysian company, being one of the oldest in the book business and one of the

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    largest book retailers in Malaysia. Its is also one of Malaysias innovators in

    terms of concept and services, constantly trying to increase the book retail

    business to a higher level. Furthermore, MPH Bookstores is also one of the first

    bookstores in Malaysia to try their foot out in the internet waters by providing

    book retail services online via their website. Their customers can also reserve any

    book that they want for book reservation at your chosen outlet for 3 days.

    3.3 Company History

    The founder of MPH is considered Captain W.G. Shellabear. The previous name,

    The American Mission Press was officially changed to the Methodist PublishingHouse in 1906, where the acronym MPH was derived and established. In 1927,

    MPH was incorporated as Malaya Publishing House when it became a public

    stock company. Over the years, the company underwent several name changes to

    reflect ownership changes. Since the 1970s, MPH Bookstores has been a

    subsidiary of MPH Ltd, a public company listed on the stock exchange of

    Singapore. In 2002, the MPH brand with its book retail and book distribution

    arm, MPH Bookstores and MPH Distributors respectively, was bought over by a

    Malaysian company, Jalinan Inspirasi Sdn Bhd. It is part of a large Malaysian

    conglomerate owned by Malaysian businessman Tan Sri Syed Mokhtar

    Albukhary where for the first time, MPH becomes a wholly Malaysian-owned

    company.

    3.4 Key People

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    3.5 Location and Subsidiaries

    In Malaysia, the Headquarters is located at Petalling Jaya. The address is and

    contact details as below:

    MPH BOOKSTORES SDN BHD5th Floor, No. 15 Jalan Tandang

    P O Box 147, Jalan Sultan46710 Petaling Jaya, Selangor

    Tel : (603) 7781 1800Fax: (603) 7782 1800

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    3.6 Brands, Major Products and Services

    MPH Bookstores provides different genres of books for the customers

    convenience. Books come from all different publications brought from both local

    and international markets.

    Type of books provided

    Genre Description

    Malaysian Collection

    A collection of books coming

    from local Malaysian

    publications. These books could

    be English or in Bahasa Melayu.

    Fiction and non-fiction included.

    Asian Collection

    A collection of book from the

    Asian market. Including fiction

    and non-fiction, these are usually

    comprised of Asian authors,

    though not always of Asian

    subjects.

    Fiction

    Collection of fiction books.

    These are comprised of different

    genres, such as romance, crime

    mystery and thriller, science

    fiction & fantasy, classics,

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    literary fiction, movie & TV tie-

    in, and general fiction.

    Non-fiction: Humanities

    Non-fiction books covering the

    humanities area. Genres include

    history, politics, biography, true

    account, sociology, psychology,

    psychology, philosophy, religion,

    new age, and facts & wonders.

    Non-fiction: Lifestyle

    Non-fiction books covering the

    lifestyle area. Genres include art,

    entertainment, games & sports,

    hobby & interest, nature, travel,

    map & atlas, food & drinks,

    beauty & fashion, fitness &

    health, comics & humour andgift books.

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    Non-fiction: Personal Development

    Non-fiction books covering the

    personal development area.

    Genres include self development,

    language & linguistics,

    education, dictionary, and family

    & relationship.

    Non-fiction: Professional

    Non-fiction books covering the

    professional area. Genres include

    college & university reference,

    accounting, mathematics &

    statistics, economics, business &

    management, finance &

    investment, marketing &

    advertising, hotel & tourism,

    architecture & interior design,

    engineering, information

    technology, science, medicine,

    law & statuses, career guidance,

    directory.

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    #$

    3.7 Corporate Vision

    To inspire intellectual development amongst the community we serve by offering

    quality books and other related products and services.

    3.8 Corporate Mission

    To establish MPH as the leading regional brand in the book industry by

    consistently adopting the following core values:

    D Dominate to succeed in every aspect of our business.

    O Offer outstanding products and services that delivers premium value.M Maintain focus and uphold the highest standard of integrity at all times.

    I Innovate and create whilst mindful of the environment.

    N Nurture intellectual development.

    A Always admired by employees, business partners and community.

    T Teamwork a must, establish a culture of PERFORMANCE, SPEEDY

    RESPONSE and PRIDE.

    E Emphasize a positive Return on Investment for all stakeholders.

    3.9 Companys Current Promotional Strategy

    Date Promotional Strategy Description

    current Customer Loyalty Scheme ,Membership card MPH

    Readers Circle (MRC

    Card), Entitles members to

    benefits such as savings

    and special offers during

    promotions, pre-sale

    invitations, special rates

    or pre-registration for

    workshops and events,

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    MPH sale days, mailing

    and free delivery in the

    Klang Valley.

    ,Can be used at any MPH

    outlet across Malaysia.

    1/7/2013

    -

    31/8/2013

    Festivities Promotion ,Special 20% promotion

    for selected books for the

    current Ramadan &

    Aidilfitri season.

    current Sales Promotion & Contest ,Students get to use Kad

    Diskaun Siswa 1Malaysia to get discounts

    and also use their BB1M

    vouchers to get MPH

    Book vouchers when

    spent a certain amount.

    ,Facebook contests to win

    attractive prizes and

    lucky draws to be won.

    3.9 Current Marketing Objective

    Short term:

    ..

    ..

    Long term:

    ..

    ..

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    3.10 Product Sales History

    3.11 Media expenditure

    , Social Networking

    MPH Bookstores uses social media sites such as Facebook and Twitter to

    promote their activities. There is also a blog that is run by MPH. These are all

    constantly updated with latest promotions and events that are going on in the

    stores at the moment. Their Facebook has reached 89,460 likes so far and

    posts about promotions, events and new book updates are constantly updated.

    Miscellaneous posts related to the brand are also posted in order to keep their

    page consistently fresh. Updates from their Facebook is synced to their

    Twitter so customers can also stay updated from that social network platform

    if they wish.

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    Chapter 4

    Consumers and

    Stakeholders

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    Chapter 4: Consumers and Stakeholders

    4.1 Current Consumer Characteristics

    4.1.1 Demographics

    a) Age: 15-50 years old

    b) Gender: Male and female

    c) Education: Secondary and higher education.

    d) Occupation:Students, white collar

    e) Income range: Students (allowance) RM200 RM 500

    Working salaries RM1800 RM5000

    f) Race and ethnicity: All ethnicities and races in Malaysia

    g) Geographical location: Urban area

    4.1.2 Psychographics

    a) Perception

    MPH Bookstore is a well-known and trusted brand of bookstore in

    Malaysia. It is reliable, though is known for not having a great selection

    of books in store.

    b) Learning

    Customers learned of the brand from friends, family and from coming

    across one of the many outlets themselves.

    c) Motivation and Needs

    Customers are always on the lookout for new book releases and the

    many promotions that MPH Bookstores holds.

    d) Attitude and Personality

    The consumers are people who do not shy away from knowledge and are

    on the lookout to improve themselves in terms of their intelligence and

    general knowledge. Also, curious people who like to discover new ideas

    and information on the world.

    e) Lifestyle

    The consumers most probably came from a background where books are

    a common piece and even if they lead a busy lifestyle they like having

    some laidback leisure time to read a book or flip through a magazine.

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    4.2 Stakeholders Characteristics

    4.2.1 Primary Stakeholder

    4.2.2 Secondary Stakeholders

    Publishing companies:

    Publishing companies are the ones who supply MPH Bookstores with their

    stock of books and many publishers are represented by MPH. Supplying

    their books through MPH Bookstores will give them more public exposure

    due to the fact that they have many outlets all across the country.

    Customers:

    MPH Bookstores have to maintain good service towards their customers to

    maintain the trust and reliability of the services to maintain a good image to

    the public. Through trust, loyal customers are made and good word will

    spread to other people.

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    #*

    Chapter 5

    Industry and Marketplace

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    Chapter 5: Industry and Marketplace

    5.1 The Industry

    5.1.1 Definition of the Industry

    The book retail industry is a large and rapidly growing market. Companies

    in the industry sell books from physical retail locations; they may also sell

    via websites. The bookstore industry has worldwide revenue of about $60

    billion, according to MarketLine. Some countries have restrictions on

    pricing and foreign ownership of bookstores, which have restricted the

    development of multinational chains. Bookstore chains in Malaysia include

    MPH Bookstores, Popular, Borders, Times and many more. Demand is

    driven by demographics and consumer income. The profits of individual

    companies depend on merchandising and marketing. Large companies can

    provide broader selections and lower prices while smaller companies can

    also stand up to competition by offering specialized products or by serving a

    more selected local market.

    5.1.2 Shape of the Industry

    Book retail industry continues to grow in Malaysia. Especially with the

    recent distributions of the 1Malaysia Book Vouchers throughout all public

    and private sector universities ends up contributing to big boosts in sales due

    to the overwhelming number of students clamoring to spend their vouchers

    in bookstores. Based on several studies, the literacy level among adult

    Malaysians has been rising steadily. Today, Malaysias literacy level is

    above 90% and the actual practice of reading, although mostly for learning

    purposes, is 87%. Numerous reading campaigns have been conducted in

    Malaysia to inculcate reading habit among the people. Combine that with

    the many promotions happening on in stores more and more people are

    spending money on buying books in Malaysia.

    Though many countries are taking a step further in terms of the digital age

    of books with the new market of e-books being able to be purchased by

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    customers, the book industry in Malaysia seem to still be going strong in

    spite of their digital counterparts as people here still seem to prefer the

    physical feel of a book purchased from a bookstore compared to one that is

    read through an electronic screen though this may change in the near future

    with the fast developing pace that people are adapting to new technologies

    in Malaysia. Though for now based on the feedback received by Bernama,

    the e-book segment is in its infancy. Nonetheless, many players in the local

    publishing segment like the Malaysian National Book Council and the

    Malaysian Book Publishers Association have taken steps to boost e-books

    and e-book publishing activities.

    An optimistic count of bookstores nationwide is 600 outlets of varying sizes

    for all of 23 million people, thus, about one bookstore for every 38,000

    people. About 45% of these outlets are concentrated in the Klang Valley

    especially in Kuala Lumpur and Selangor area. About 20% are in the

    northern area especially Perak and Pulau Pinang. In Johor, about 60 book

    outlets (10%) are actively involved in book selling.

    5.1.3 Development of Industry

    The current value of publishing industry alone (excluding printing) is

    estimated at RM1.5 billion (USD405 million) in 2004, involving about 500

    publishing companies, 351 of which are registered with the Textbook

    Section, Ministry of Education. While the bulk of the publication continues

    to be school-related 2 materials textbooks, workbooks and reference books

    the current encouraging seller in the country today is a trade book, the

    juvenile paperback with some local titles could reach up to 150,000 copies,

    which is unheard of several years back.

    For the past four decades, the growth and demand for academic and

    scholarly books in Malaysia have increased dramatically. While the major

    suppliers of university books continue to be foreign publishers from the

    USA and the UK, the contribution of local university presses is increasingly

    important. As in many countries, university presses in Malaysia play their

    role in the production, promotion and dissemination of scholarly

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    publications. The establishment of a university press encourages the

    scholarly publishing programmes and increases scholarly development and

    communication. The number of Malaysian universities involved in scholarly

    publishing has increased, as more local scholarly materials are needed.

    Malaysian market is also slowly testing the waters for an e-book market

    with the successful feedbacks it has been receiving from other neighbouring

    countries. The 2012 ASEAN e-book conference is one of the efforts

    undertaken by the government to develop the local publishing industry and

    to ensure that Klang Valley emerges as the leading digital book hub in the

    region. With the new information and communication technology, the

    publishing industries are facing new challenges namely convergence,

    specialisation and globalization while the demand for books, both printed

    and electronic, still looks promising ahead.

    5.2 The Marketplace

    5.2.1 Current condition of the marketplace

    5.2.2 Changes in Marketplace

    Positive:

    Negative:

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    Chapter 6

    Competitive Situation

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    Chapter 6: Competitive Situation

    6.1 Direct Competitors

    a) Popular Bookstore

    Company Background Established in 1984, POPULAR Book

    Company (M) Sdn Bhd has become a

    household name in Malaysia and has now

    grown to 68 stores nationwide.

    It is recognized and listed by the

    Malaysian Book of Records as the largestbookstore chain in Malaysia, with over

    600,000 square feet of retail space. There

    are 67 POPULAR outlets located in

    major towns of Malaysia.

    Product Features POPULAR carries a wide variety of

    fiction, non-fiction and general interest

    books in English, Chinese and Malay

    languages, as well as school textbooks

    and revision books. In addition, it also

    offers a wide selection of magazines,

    stationery, multimedia products, gift

    items and CDs.

    Positioning ,It is a one-stop center for all schooling

    needs and for avid book readers from all

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    walks of life.

    ,Strongly positioned as a trilingual

    bookstore that serves the readers with

    plethora of reading materials.

    Promotional Strategies ,Print ads for promotional sales

    ,Contests

    ,Book fairs

    Advertising Schedule ,Update customers about promotions

    regularly through social network

    platforms such as Facebook.

    ,Organized many promotional sales.

    ,Have organized a few contests for

    storytelling and object counting.

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    b) Kinokuniya Bookstores

    Company Background A Japanese bookstore chain operated

    by Kinokuniya Company Ltd. founded in

    1927, with its first store located

    in Shinjuku, Tokyo. Books Kinokuniya is

    known for the immense size of its

    bookshop.

    Product Features Kinokuniya Malaysia offers the largest

    range of books with over 300,000 titles in

    English, Japanese, Chinese and Malay.

    The book range is extensive, including

    adult and childrens literature, graphics

    novels, art and design books, social

    sciences, performing arts, and lifestyle

    titles. A Japanese section also carries out

    the latest Japanese bestsellers and an

    interesting selection of manga, art and

    craft titles, idol photo books, magazines,

    catalogues, e-Mooks and more.

    Positioning ,Bookstore with the largest range of

    books in Malaysia.

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    Promotional Strategies ,Contests

    ,Membership discounts

    Advertising Schedule ,Have organized a few contests for

    storytelling and object counting.,Arts and photography exhibitions are

    also held from time to time in stores at

    the Arts Design section.

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    6.2 Indirect Competitors


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