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V52. 10 steps marketing plan for monmilk yuan jiao

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http:// macyyuan.blogspot.com 10 STEP Marketing Plan for Monmilk Macy Yuan Oct 2010
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Page 1: V52. 10 steps marketing plan for monmilk yuan jiao

http://macyyuan.blogspot.com

10 STEP Marketing Plan for Monmilk

Macy YuanOct 2010

Page 2: V52. 10 steps marketing plan for monmilk yuan jiao

http://macyyuan.blogspot.com

5 Steps for Part 1(PTM and Positioning)

1. Monmilk PTM are all people2. Who want to be healthy3. Can choose Yeale etc.4. Gap is other brands focus on flavors5. The market size is ¥ 36 billion,

monmilk niche is ¥ 10.8 billion

Page 3: V52. 10 steps marketing plan for monmilk yuan jiao

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5 Steps for Part 2(Marketing Mix & Strategy)

1. Monmilk is a white nutritious liquid 2. Is 20% premium3. Uses TV, magazine, newspaper4. Is distributed nationwide5. Uses a niche approach to win

Page 4: V52. 10 steps marketing plan for monmilk yuan jiao

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Positioning to the Primary Target Market

Part 1:Steps 1 to 5

Page 5: V52. 10 steps marketing plan for monmilk yuan jiao

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1. Monmilk primary target market (PTM) are all people

Demographics ( all people except babies)

Lifestyle ( study, work, care life quality) Behavior ( 250ml, 1x a day, daily, low

fat, breakfast milk, fruit flavor, pure)

Page 6: V52. 10 steps marketing plan for monmilk yuan jiao

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Influencing Buyer Behavior

Page 7: V52. 10 steps marketing plan for monmilk yuan jiao

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2. My PTM’s NWE

Consumer’s needTo be healthy and have beautiful skinConsumer choose Monmilk over other

milk because of …Taste, freshness, flavor, package, famous

company, brandConsumers expect his when they drink

different type of Monmilk, they feel they are healthy and skin will be better.

Page 8: V52. 10 steps marketing plan for monmilk yuan jiao

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3a. Monmilk has many formidable competitors

Direct: Yeale, Guangming(bright), Taizi, Sanyuan,yangguang,

Indirect: fruitshake, beverage, coffee,

Variables: Price, packaging, flavor,availability,brand

Page 9: V52. 10 steps marketing plan for monmilk yuan jiao

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3b. Competitive Position Map

Determine the 2 most critical Variables Make a position map plotting the

different competitors

Page 10: V52. 10 steps marketing plan for monmilk yuan jiao

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Monmilk is #1 in niche:priced product for all people

Price vs. Age MatrixPrice/Age Matrix

0-3 yrs 4-29 yrs 30-49 yrs 50 yrs up

HighPrice

Duomex Monmilk

LowPrice

Yeale Guangming Yangguang Sanyuan

Page 11: V52. 10 steps marketing plan for monmilk yuan jiao

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Momilk unique positioning is show in this competitive map

Page 12: V52. 10 steps marketing plan for monmilk yuan jiao

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4. Monmilk positions stronglyin a niche market opportunity

Monmilk is the only milk That provide pure and fresh milk Use high-tech to make low fat milk Make different flavor milk and tastes

good

Page 13: V52. 10 steps marketing plan for monmilk yuan jiao

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5a. Based on competitor data, milk market is ¥ 36 billion

http://www.china.org.cn/business/news/2009-01/14/content_17105973.htm

Page 14: V52. 10 steps marketing plan for monmilk yuan jiao

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5b. Based on baidu data,where Monmilk share is 30%,total market size is 36 billion

1.Baidu data: Monmilk sales is ¥ 10.8 billion

3. Baidu claims market share of 30%

5. Then total milk market size is ¥ 10.8 billion/0.3=¥ 36 billion

Page 15: V52. 10 steps marketing plan for monmilk yuan jiao

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5c. Consumer data indicates a size of P10.8 billion

Milk choice:

80 percent of the liquid milk market in China was occupied by Mengniu, Yili and Bright.

Monmilk market size is 30% in milk industry in China

Page 16: V52. 10 steps marketing plan for monmilk yuan jiao

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The marketing Mix Strategy

Part 2:Steps 6 to 10

Page 17: V52. 10 steps marketing plan for monmilk yuan jiao

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6a. Monmilk category is dominated by 4 major brand

Page 18: V52. 10 steps marketing plan for monmilk yuan jiao

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6b. Product Description

Monmilk is nutritious liquid secreted by mammals and used as food by human beings, most are color white. Those with colors mixed fruits.

There are 4 variants-breakfast, low fat, pure, fruit, etc.

There are 5 sizes, 180g, 500g, 250ml, 500ml, 1L

Page 19: V52. 10 steps marketing plan for monmilk yuan jiao

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7. price-Monmilk is 20%

Monmilk 180g = ¥ 1 Monmilk 500g = ¥ 2.2 Monmilk 250ml = ¥ 2.5 Monmilk 500ml = ¥ 5 Monmilk 1L = ¥ 10Monmilk is priced 20% higher than

Sanyuan with aim of maximizing profit in its niche

Page 20: V52. 10 steps marketing plan for monmilk yuan jiao

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8a. Promo

TV advertising Public benefits Activities Package sale promotions

Page 21: V52. 10 steps marketing plan for monmilk yuan jiao

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8a. Promo

TV advertising

Page 22: V52. 10 steps marketing plan for monmilk yuan jiao

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8a. Promo

Public benefits Activities

Page 23: V52. 10 steps marketing plan for monmilk yuan jiao

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8a. Promo

Package sale promotionsBuy 1 take 1 Buy 5 take 1

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8b. Competitor Promo

TV advertising

Page 25: V52. 10 steps marketing plan for monmilk yuan jiao

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9. Monmilk is distributed nationwide

Supermarket, mini stores, convenience shops, restaurants, wholesale stores

Nationwide Pick-up by customers Cash and credit transaction

Page 26: V52. 10 steps marketing plan for monmilk yuan jiao

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10. Monmilk is a niche leader

Monmilk is the first one enter the milk industry in China.

It benefit from his good will and image.

It has excellent quality, premium priced, excellent distributed services.

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Summary

Page 28: V52. 10 steps marketing plan for monmilk yuan jiao

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5 Moves to target and position

1. Monmilk PTM are all people2. Who want to be healthy3. Can choose Yeale etc.4. Gap is other brands focus on flavors5. The market size is ¥ 36 billion,

monmilk niche is ¥ 10.8 billion

Page 29: V52. 10 steps marketing plan for monmilk yuan jiao

http://macyyuan.blogspot.com

5 moves to mix and strategize

1. Monmilk is a white nutritious liquid 2. Is 20% premium3. Uses TV, magazine, newspaper4. Is distributed nationwide5. Uses a niche approach to win

Page 30: V52. 10 steps marketing plan for monmilk yuan jiao

http://macyyuan.blogspot.com

10 STEP Marketing Plan for Monmilk

Macy YuanOct 2010


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