Professional Documents
Culture Documents
This
problem is caused by us, people and its effect is courage by the decreased number of
trees. People cut trees with out even planting a new one. And Trees growth takes so
much time but cutting it only takes couple of minutes. And that results to the elimination
of trees.
So, The Plantable Pencil were able to make an alternative for that.
Next slide….
Product
The pencil has a gelatin like capsule on its top on where the eraser was supposed to
be placed. So, when the pencil is too short already to be used. The plantable pencil
gives it a new life. The capsule on its top has a seed that whenever the pencil is already
too short you could plant its remain rather than just throwing it out. Our products
By through this product we will be able to create a more sustainable world, not just that
it promotes creativity and art but also for the betterment of our world.
Our customer are on age 13-29 years old which the majority are students.
Prices will range from 40-60 php per piece depending on its variety and way of
distributing and since our customers are mainly students, young adults and
Place/Distribution
It will be distributed at any different brands of craft tools, arts or
Promotion
distributing of leaflets
COMPANY
Strength
to use pencil. It only require a small amount of money to invest for a great purpose. It
Weakness
Quantity of pencil buyers is not too many and are not sure, quantity to be
produced will depend on varieties of seeds and other resources ( which can be
limited). We don’t have funds yet to support or get right and proper equipment’s
Opportunity
THREATS
CONTEXT
Political Factor
According, to the House Bill 8728 or the "Graduation Legacy for the Environment Act"
which imposes that every students who will graduate should first plant 10 trees as
requirement of their graduation. This could ultimately shift the students demand for the
product as means and easy alternative for an actual sapling, this could be our
oppurtunity to promote the product with the help of DENR and other NGO’s and
government who wants to improve our environment. However, tax and higher
transportation expenses from various regions could affect the price of the product
Economics
A rising inflation and price hikes due to the TRAIN law which is still uncertain that it
could affect the pricing of the product, can shift the demand of the consumers to find a
cheaper alternative and competitors we have. And with the higher unemployment rate,
and material prices due to taxes, the production can be very costly.
Social
Potential markets online and also retailers and other form of distribution online is the
influencers in social media will be the organic influencers which means that we can also
fit in to those market. But however, the trust factor of trust in social media Marketing is
still low.
Technological
Our lack of equipment could be a hindrance for the mass production of the product. If
we have more equipment’s, we could mass produce our product fast and efficiently.
COLLABORATOR
In partnership with our suppliers, sponsors and investors we will always strive to provide
and establish a good relationship and prove them that we are worthy of their time,
efforts and money. Perhaps, we will also maintain a good communication and
relationship towards our partnered channels, shops and/or company.
COMPETITORS
we have various competitors from the industry like the mongol pencil, faber-castel, and the pencil from
eco hub. But what makes our product unique is that it is made out of recycled paper and it also has
plantable seeds on top.
MARKETING MIX
These days, intercultural communication has been rapidly growing, especially in the country, our
goal is to introduce the product in a market that can allow people to interact with one another and
acknowledge culture diversity. With the help of socially inclined market promotional activities, it
will be best to make use of current technology we have today such as advertisements in social
media, specifically Facebook and Twitter.
We will also advertise our product through leaflets or flyers. Since our product is somewhat
not new to some other customers, we will incorporate additional features like bundle
pricing. And Pursuing a bundle pricing strategy allows you to increase your profit by
using a discount to induce customers to buy more than they otherwise would have.
2 IMC Strategy
We will be using Inbound and Outbound marketing strategy to grab the attention of
Introduction Phase
In the introduction phase, we can only utilize small amount of money in our promotions.
So, we’ll use the social media such as facebook, Instagram, or twitter, etc. Then the
distribution of fliers with discount upon the first month of release of supply.
Stabilization Phase
If we have managed to expand our operation and be able to maintain the number of
supplies supplied or the number of sales. We will start investing on paid advertisements
Enhancement Phase
increasing then we will proceed to the enhancement phase on which we will allocate our
money to higher cost promotions and enhancement of product and finally to build own