Professional Documents
Culture Documents
Student Name
Date
Representative A Representative B
- Age: 21 - Name:
- Location: Ho Chi Minh city - Age: 30
- Sex: Female - Location: Ho Chi Minh city
- Occupation: Student - Sex: Male
- Interest: vouchers hunting - Occupation: Office worker
- Characteristics: Having less time,
prefer the convenience options,
usually commute
dependent on her parents. Being a loyal MoMo e-wallet user, she receives money from her
parents and pays for food and drinks via the MoMo platform. Moreover, she loves hunting
We want to target this typical group of people who love getting vouchers and
discounts from MoMo and introduce them to a new feature known as “Du Lich – Di Lai.”
Our aim is to get 15% brand awareness (on total 40%) from this group, and this will based on
Lucas is a mobile developer at KPMG Vietnam. His income is approximately $8, 000
to $12, 000 per year. Working takes a lot of his spare time. As a result, he prefers having an
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application that can help him solve many problems simultaneously and minimize the time he
MoMo’s ecosystem has been used in several sectors including finance, insurance,
food and beverage, money transfers, utility payments, e-commerce, and online shopping (Vu
2020). The new option of “Du lich – Di lai” Momo will promise this group of customers
faster services and convenience on their business trips or leisure. We are aiming to get a 25%
With the tagline “Di Mo di Mo, travel cung MoMo,” our main message will be
“Whenever you need to go, tap on MoMo.” We offer excellent, convenient and safe transport
using airlines, trains, buses and closely cooperate with Agoda and Traveloka. Customers can
choose their most preferred mode of transport. MoMo wants to increase and better customers’
Momo is e-wallet platform that provide all users of smartphones with a one-touch
online payment solutions with several services. It is essential to note that MoMo is not
limited to the transfer of money (Tran, 2020). The digital wallet has expanded into billing
payments and areas such as airline flights, movie tickets, and most recently, transportation
and accommodation. This is not the end though the platform aims to make the life of its users
more comfortable and easy. The app presents users with the opportunity to have a more
immersive experience. You do not need to download any external app because you can pay
bills, send money, purchase insurance policies, or pay for goods across different points in
Vietnam.
MoMo aims to offer payment services that meet the needs of everyday life of
customers. The company aims to tap into unreserved markets that largely uses cash for
payment. For instance, the company has partnered with insurers for payment of insurance
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premium and consumer finance organizations to collect and finance funds. MoMo’s strategy
is founded on the inability of several banks to provide convenient and simple mobile payment
approaches. Even though it current focuses on the urban white collar workers, it intends to
ultimately spread its e-wallet solutions to the rural areas (Tran, 2020). In most cases, banking
services do not cover remote locations and MoMo intends to tap into this available micro
(Piercing Insight)
When you are hungry, it is hard to focus and concentrate on various matters. In fact,
you do not perform at the expected maximum level because something is missing. MoMo
provides you with all that is missing in your life in terms of e-wallet and payment services.
(Value Proposition)
MoMo is the perfect way to make payment and make your life easy and convenient.
Packed with easy to use guidelines, the app has changed the face of mobile payments by
uniting apps under the same ecosystem. MoMo offers a variety of promotions to the users
The end picture of the MoMo e-wallet is to bring inspiration and innovation that
would change every life with regard to banking and financial management.
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Reference
Tran, T. M. A. (2020). Mobile Payment Security: A case study of Digital Wallet MOMO.
Retrieved from
https://www.theseus.fi/bitstream/handle/10024/337582/Mobile_Payment_Tran_Thi_
My_Anh.pdf?sequence=2&isAllowed=y