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Cavite State University: Bacoor City Campus Department of Management Studies
Cavite State University: Bacoor City Campus Department of Management Studies
Table of Contents
1. 1Executive summary
competition analysis
market
1. EXECUTIVE SUMMARY
This marketing plan is about to introduce the new innovative product called
Calamansi Tea Candy. This will be a convenient product which is this product
is affordable, worth it to buy and it will give also a nutritional benefits. The
purpose of this product is to avoid the boring situation of the people who are
busy in their doing. It also gives the consumer to avoid vomited to the flight.
The market is still unserved for this segment and I will be going to introduce it
to the new market trend as well as going to challenge its competitors. This
product will lead in my business step by step in candy market and carry my
business on the top spot. The target market of my product is the adult who are
easy to vomit on the flight, to the people who have health conscious, and
students,childrens and the professionals.
2. SITUATION ANALYSIS
MARKET SUMMARY
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This part of the product plan explains who the targeted segments are,
their needs and the corresponding benefits that the product will offer.
MARKET PROFILE
The product of Calamansi Tea candy is in the line of candies that are
affordable in price. It also may help our body to lower in cholesterol and it
prevents anemia problems.
SWOT ANALYSIS
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COMPETITION
Fres Mint Candy. Fres is the pioneer of mint candy that deliver
unique fruity mint taste to express your feeling, through emoticon
pack.
Maxx Candy. It is a menthol-mint flavored taste. Maxx candy
gives menthol taste that makes it refresh when people eat it.
Mentos. Is an exceptionally fresh chewy mint that comes in a
great variety of exiting mint and fruit flavors. Its unique round
shape combines taste freshness and functionality.
Milkita. Every flavor contains 10% of calcium helping to build
bones, gluten free further focusing in being the healthiest candy it
can be.
Halls. Halls mentho lyptus is an interesting combination of
menthol and eucalyptus which offers a unique intense and tingling
coolness
3. PRODUCT DESCRIPTION
PHYSICAL ATTRIBUTES
This product is nutritional candy that can help our body healthy
and to avoid boring in some situation and vomiting on the flight.
DESIGN
Calamansi Tea Candy is a useful product to the people who are
easily bored and this is a healthy candy to avoid some illness.
BRANDING
The brand name of “Calamansi Tea Candy” shows the business
logo, it tells the ingredients/recipe to produce is made up of pure calamansi
flavor and also the natural tea.
The concept of this logo tells it is healthy candy so that it all level
of consumers can buy it. Adding the natural tea flavor it becomes more
sweetened but no sugar. Exactly to the health-conscious people.
PACKAGING
The packaging of product a sealed green box and plastic inside
the candy
4. MARKETING STRATEGY
MISSION
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To be known and recognize our business in healthy and delicious candy
in the whole market.
MARKETING OBJECTIVES
To provide a healthy, delectable product at a competitive
and affordable price
To have a one branches every year
To increase our promotional strategies
FINANCIAL OBJECTIVES
To gain our sales every year by 10%
Higher returns on invested capital
Growth in earnings
To modernize and use state of the art equipment in production
To introduce a new era in the sweet industry by innovating new
products
To ensure long term growth and stability
To ensure customer satisfaction
TARGET MARKETS
The target market of the business will be individuals with a sweet tooth
ages 7 and above specifically elementary, high school and college student,
children, young professionals, the people have health conscious and adults
who’d love to purchase candies.
5. FINANCIAL ASPECTS
Finance aspect of the proposed business tends to communicate the
important information regarding the financial condition and operation. This
section will provide answers related to the profitably and the effectiveness of
the business.
PRICING
The business use penetration pricing strategy to increase sales
and market share to compete well-known big companies who are selling
the same products. The aim of business is to encourage low consumers to
buy our product in low cost and healthy also.
BREAK-EVEN ANALYSIS
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analysis is used to determine the number of units or dollars of revenue
needed to cover total costs (fixed and variable costs). See sample table
below.]
Break even quantity = Fixed costs / (Sales price per unit – Variable cost
per unit)
Where:
Fixed costs are costs that do not change with varying output (i.e. salary,
rent, building machinery).
Sales price per unit is the selling price (unit selling price) per unit.
Variable cost per unit is the variable costs incurred to create a unit.]
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