Professional Documents
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A Strategic Marketing Plan for Phoenix Petroleum Philippines Inc. (Phoenix Petroleum)
Marketing Management
Submitted by:
Toribio, Caselyn E.
BSBA MM 2-2
Submitted to:
I. Executive Summary
Macroenvironment
B. Economic
C. Socio Cultural
D. Technological
Industry Analysis
A. Industry Definition
B. Industry Structure
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Market Analysis
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A. Market Size
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B. Market Segment
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Competition of Market
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A. Market Share
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Consumer Analysis
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A. Demographics
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B. Psychographics
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C. Consumer Patterns
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E. Loyalty Segments
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F. Internal Analysis
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Vision Statement (Current vs Proposed)
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Company Milestone
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Corporate Culture
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G. Product Analysis
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H. Company Resources
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A. Product Strategy
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B. Price Strategy
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C. Place Strategy
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D. Promotion Strategy
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E. People Strategy
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F. Physical Evidence Strategy
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G. Process Strategy
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Pro Forma Financial Statements (Income and Cash Flow for 3 years)
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I. EXECUTIVE SUMMARY
Phoenix Petroleum is one of the fastest-growing oil companies in the Philippines. The
company was founded in 2002 by entrepreneur Dennis Uy with its headquarters located in Davao
City. On July 11, 2007 Phoenix Petroleum was listed on the Philippine Stock Exchange, becoming
the first oil company to do so since the passage of the Oil Deregulation Law in 1998. By 2008, the
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company had opened 75 outlets, including their first station in Luzon. Over the next coming
years, Phoenix Petroleum continued to grow to more than 650 outlets across the Philippines.
The Phoenix Petroleum Philippines, Inc. (PNX) primary business lines include trading of
petroleum products; distribution of fuels to retail and industrial customers; marketing and
distribution of LPG, lubricants, and other chemicals; terminalling and hauling services which
include the lease of storage space and into-plane services in airports. Through its subsidiaries,
PNX has also expanded into retailing of its fuel products and complementary non-fuel retail
touches, Phoenix Petroleum is committed to deliver world-class services, empower people, and
The objective of this study is to launch a new product in the market which is an upgraded
version of the Phoenix fuel card. Considering the continuous innovation, the company will
introduce Fun Plus Phoenix Card that offers new featured services.
This paper will also focus on studying the different environments present in the market.
In addition, this will be observed thoroughly for a wise implementation of plans that will help the
MACROENVIRONMENT
management protocols. The government orders all the different firms to control
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the number of employees facilitating the on-site places of work. Companies will
ventures will rely on how the government will plan the dilemma.
● The Biofuels Act of 2006 (RA 9367) is an act declared to reduce dependence on
imported fuels with due regard to the protection of public health, the environment,
growth that would expand opportunities for livelihood. This act also represents
B. Economic
This force will signify how much production will affect the company in
regard with the value of raw materials and other overall processes. Given from
the chart below, the GDP slack off the percentage year 2020 onwards. Even so,
protocols have lessened this year due to the ease of cases encountered in the
Philippines.
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Starting the 3rd quarter of 2020, the Philippines is starting to increase in
Philippines. Even though COVID-19 increasingly keeps going, the economy has
C.
Socio
Cultural
This force signifies the overall demand based within the demographic
company has an impact on this force through the population of the generation
which is illustrated by CEIC Data with the annual number of registered vehicles in
the Philippines.
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-
the best provider for fuel. The company provides good quality yet at a lower
price.
D. Technological
discoveries that make people’s life easy. Phoenix Petroleum started their new
project that will donate for the sake of health workers. It extends their services in
Product Development
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Pandemic is a big challenge for every business marketing venture in the
the industry and reach the market through their homes. Starting the FamilyMart
PH, a subsidiary company of Phoenix, they reach out to their stores through free
delivery online. In connection with online delivery, Phoenix SUPER LPG caters
their online orders. Moreover, Phoenix started their partnership with Limitless for
They also forged the partnership with Lalamove that will satisfy the drivers.
The company reduced their risk for short term investment. Rolling out for
more long term investment that will produce the initiative for the company.
Ethanol burns more than petroleum-based gasoline and eases off the burning
petroleum-based fuels.
INDUSTRY ANALYSIS
A. Industry Definition
Although the Downstream Oil Industry in the Philippines are not that huge
enough, the liquid and gas production marked as short-term expansion. Petron
and Pilipinas Shell are named as the two major companies in this industry.
Followed by Caltex Philippines Inc., converted its 86, 500 bbl/d refinery into an
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import terminal in 2003 and now operates as a plain marketing and distributing
company under the name “Chevron”, but still maintains its Caltex brand.
B. Industry Structure
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Porter’s Five Forces Analysis is created by the American economist
companies to introduce the competition and reassess the techniques that need to
business venture has its high possibility for the new entrants. Since Davao City
has its own supplier in that way, expenses are more measurable compared to a
source from an international country who exports their product in the Philippines.
Jointly, the new generation showcases their innovative minds when it comes to
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generation, a stronger vision and services are provided to people with extra miles
on sustaining the natural resources we have the least. It takes a new leap to
maximize the technological forces to better products and services in the future.
Meanwhile, it is not just being in the same market but also, the company should
be given a better milestone and image from the competitors. The company may
be nurtured with license and advocacies to maintain its market and develop more
Since not all countries can provide the raw materials, the market is still
limited. Last 2020, an innovative project was introduced from Phoenix Petroleum.
Using the first ever generator that is powered by gas. Not all equipment can be
applied immediately. It has a lot of tests and experiments before entering the
market. From the information of the similar distributor which is located in Davao,
the price of the given service will not be substantially adjusted in real time. It has
Phoenix Petroleum has its own partnered company in the United States.
The company has its contingency plan in case the shortage has started. The
suppliers in any other countries have bulk stock to array the whole population.
Considering that this business venture will not start with small revenue but
instead, it will be a broadening growing company that will support the needs of
the people. The company must invest in unique and different businesses so that
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BARGAINING POWER OF BUYERS - LOW
Pandemic has restricted the lives of individuals. There are protocols and
rules that are needed to lessen the contact and exposure to the virus. Year 2019,
the economy recess ended to a deep back slope but since there are
improvements to our lifestyle, the government has lessened the restrictions. This
made the Philippines resurrect the slope and points in our economy way back
before the life with COVID. As we can see from the chart, years pass and people
keeps availing a much more expensive cars than old models with cheaper value.
The company has a lot of competitors inside or outside the province but it
seems that the raw materials are not that different from each other because most
of the resources are the same. The franchise will depend on how staff serve their
buyers and the benefits that the buyers will receive. As of now, the company is
investing for a long term partnership. It is a competitive edge for the company to
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MARKET ANALYSIS
A. Market Size
consumer data, showing the oil consumption by fuel type in the Philippines in
2020. The graph indicates statistics of fuel type consumed in thousand barrels.
Nearly 6.2 Million barrels of Diesel which makes it the top fuel type in the
Philippines. Biodiesel got the lowest rank among it averaging 101 Million barrels
consumed.
B. Market Segment
Demographic Segmentation
Regardless with the buyer’s sex will be counted in the market. The same
with the marital status and religion, potential buyers will be still accommodated.
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Most of the employment status of the customers are business-owners or
retired individuals frequently are the least clients, especially those who are aging
or people with disabilities (PWU). Since Philippines has no boundaries with the
Demographic Profile
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Psychographic Segmentation
energy or power, the market broadens the lifestyle and interest of the people.
According to the Report on National Income Account, the growth of the sector
accelerated to 23.4 percent in Q2 2021 from -19.6 percent in Q1 2021 and -58.5
percent in Q2 2020. This brings S1 2021 growth to -4.8 percent. The uptick in
transport and storage was mainly driven by the increase in land transport (28.8 in
Q2 2021 from -13.9% in Q1 2021) and air transport (534.7% from -73.7%) on the
and other travel restrictions. Meanwhile, warehousing and storage and support
activities (8.8% from 2.7) and postal and courier activities (52.3% from 11.5%)
COMPETITION OF MARKET
A. Market Share
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The market of Petroleum products has been expanding over years. Given
in the chart from the Department of Energy, the company which had a bigger
portion in the market for over a century compared to Phoenix Petroleum who has
been serving the market for over a century. Pioneer brands had more experience
CONSUMER ANALYSIS
A. Demographics
Classification Income
B. Psychographics
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When the pandemic started, cars and 4-wheel vehicles lessened on the
road. The protocols restricting the transportation and travelling practices are
applied. Basically, most of the potential buyers of Phoenix Petroleum are the 2-
wheel vehicles that serve the junction of their innovation. The government
much safer for the potential buyers when purchasing fuels and other stuff that
C. Consumer Patterns
Most of the branches of Phoenix Petroleum are in the rural part which is
frequent with numbered civilians. However, the 650 branches maximize their
resources with not just one market but the whole company to offer. Phoenix
makes sure that they will surpass the innovation in the industry.
of the expenses are least in the total. The company has been serving not just
one market but also expanding through serving aircrafts. This will prove how
effective and serving the best quality fuels that Phoenix has also, ensuring the
value with a lower price for the market. Starting their partnership with Limitless,
Phoenix started offering discounts and vouchers claiming their favoring fast food
chain restaurants.
E. Loyalty Segments
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Phoenix Petroleum has been awarded with their marketing proposition.
The company laid their innovative side especially encountering the Corona Virus-
2019 pandemic. It attest the creative side on how the company will reach out in
the market. Since then, Phoenix Petroleum has partnered with different
companies. The main focus of the company is to help the frontliners, especially
those drivers who deliver different needs to the people serving their homes.
F. Internal Analysis
Current:
We deliver the best value in products and services to our business partners
We create opportunities for learning, growth, and recognition for the Phoenix
Family
we serve
Proposed:
Aiming to dispense high performance fuels for transportations, Land and Air, and
Upholds first-rate products and services to please the satisfaction of the public
And helps the small businesses to grow as a path for our innovation.
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Vision Statement (Current vs. Proposed)
Current:
Proposed:
Company Milestone
2021
● Gold Award
category for the Phoenix Digital National Convention, a yearly event that
● Silver Award
- Under the Most Exemplary Employer category for the company's internal
● Silver Award
stores.
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- 18th International Business Awards
● Bronze Award
● Bronze Award
Block, the company's new retail concept that gathers its businesses in
one site
nationwide campaign.
● Excellence Award
● Excellence Award
● Merit Award
● Merit Award
- Under the Communication Skills for Social Media Programs category for
22
- International Association of Business Communicators (IABC) Philippines
category
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- Under the ‘Public Relations program Directed at Specific Stakeholders-
2020
● Gold Award
Products
● Gold Award
● Silver Award
● Silver Award
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- Philippine Marketing Association
2019
● Award of Excellence
Communication category
● Award of Merit
- SME100 Awards
category
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- For Phoenix Petroleum’s issuance of Php 10 Billion Short-Term
Investment Corp.
2018
- Phoenix Petroleum President and CEO Dennis Uy was one of the finalists
Expectations Survey
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- 2018 Franchise Asia Philippines Awards
2017
Awards.
category
2016
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● 2016 MVP Bossing Award
- Phoenix and Havas Media's "Fuel the Dream" online video asset in the
2015
Industry
- Phoenix’s Ultimate Fighting Champion (UFC) “Chase the Dream, Live the
Dream, and Fuel the Dream” online video assets (OVAs), in the
2013
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- This is the third year for our President/CEO to be included in the list of
- CNBC Asia
Large Scale
- World Finance
Petroleum was also one of the Top 15 Best in Franchise Support and Top
15 Fastest-Growing Franchises.
- Entrepreneur Philippines
2012
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- Phoenix Petroleum named Best Independent Oil Company in Asia by
London-based World Finance magazine for its Oil & Gas Awards 2012
- World Finance
Pacquiao
- CNBC Asia
by IABC Philippines
- IABC Philippines
- Archdiocese of Manila
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● 3rd Best Small Cap Company in the Philippines
- Finance Asia
2011
● Best TV Ad-Branded
- Archdiocese of Manila
- Enterprise Asia awards the “Phoenix for Education” CSR program, which
benefits public schools, teachers, and students in Davao City, the Asia
- Enterprise Asia
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Corporate Culture
Phoenix Petroleum values their staff and the image of the company. It is a
growing company that enables them to set limitless possibilities for future endeavors.
The following are the values that the company carries as time passes through
generation.
● Integrity
● Innovation
● Excellence
● Teamwork
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We value relationships. We achieve goals through collaborative efforts.
● Service
● Stewardship
G. Product Analysis
Strengths
● Staff
Phoenix Petroleum is a growing company that lets their staff develop new
responsibilities and challenges that will make their network flexible in the
market.
● Quality
With its best value, the company provides the product assuring from the
local distributor.
● Price
Serving the customers with the best value is their mission and also being
● Growing Company
the market.
Weaknesses
● Limited Investment
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Phoenix Petroleum has limited long-term investment. The company
provides information from the archives on how they will deal with their
future projects.
● Variety of Fuel
competitors.
● Competitors
H. Company Resources
BOARD OF DIRECTORS
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MANAGEMENT
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III. MARKET STRATEGY
A. Product Strategy
Strategy since this approach focuses on giving the product a personality that
The benefit perk will be called “Fun Plus Phoenix” card and phone app.
The said product will be initially released in all the gas stations nationwide. The
product was specifically designed for consumers who are in classes C-D, the
explanation for this was most customers that are in C-D are PUV Drivers,
Delivery Riders, and other similar jobs that will serve as a LOYALTY REWARDS
CARD SYSTEM. This strategy aims to cultivate the idea to boost the customer’s
To expedite how the customer can avail this product, they can buy it any
in phoenix petroleum gas station nationwide. After obtaining the “Fun Plus
Phoenix” card they are now entitled to exclusive rewards and discounts such as
the following:
5% discount for frontliners who are availing fuel products in any gas
station
5% discount for all public utility vehicle drivers who are availing fuel
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FREE monthly carwash for all FUN PLUS PHOENIX card holder
FREE monthly car check and car care services for all FUN PLUS
Vouchers and Seasonal Discounts that the consumer can receive in their
The customer can also load on this card to use this as payment for
Seasonal discounts
Spending tracker on how much the customer have spent on the fueling
their vehicles
B. Price Strategy
entice consumers into buying this specific product. The Fun Plus Phoenix App
can be downloaded via IOS and Android for FREE however should the consumer
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The card can will be released at a price of ₱299. This will be effective for
one year. Should the customer want to keep the card and its perks active, he/she
must avail a total of ₱10,000 for 2-wheeled vehicles and 15,000 worth of
transactions annually. Should the customer want to reactivate their card after
being deactivated for a long time there will be a reactivation fee of ₱199.
Price Penetration was used among other strategies because the students
want to introduce a product where consumers will think that it is easy or cheap to
avail such product but in fact the company will earn so much from the customers
maintaining their fun plus phoenix card. Consequently, in order from a customer
to retain these perks they must have a minimum number of transactions per year
that drives customers to only avail gas and services from PHOENIX
PETROLEUM Inc.
C. Place Strategy
Having “FUN PLUS PHOENIX” through all their gas stations nationwide is
only a logical idea. In this way, they are separate from their competitors. Putting
available registration sites in gas stations also enables the possibility that
customer might avail products and services first from the gas station before
D. Promotion Strategy
Petroleum will start promoting regularly using social media platforms through:
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Social media advertisements regarding PHOENIX Petroleum Inc. and
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Billboards and Posters
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Jeep and Bus
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E. People Strategy
which we shall continue to do so. The company will also pay for the quarterly
swab test of its employees to ensure it workforce and customer’s safety in this
proper social distancing and temperature checks every day. This will promote a
safer environment for customers to enjoy. With that being said, our employees
shall maintain their friendliness with everyone and offer assistance to any
As shown below is the Fun Plus Phoenix Card that contains the QR code,
swipe bar for easy transactions, Phoenix Petroleum theme design, and serial
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G. Process Strategy
The company will release an app that can be downloaded through IOS or
Play Store where customers can track their transactions, gets updates on fuel
payment will also be introduced with Cash as the last option. We believe that this
can smoothen the flow of Phoenix Petroleum Inc. operations by reducing the
burden on staff members, saving the time of customers since they will no longer
Product Strategy
End Goal: We want Phoenix Petroleum to release a Fun Plus Phoenix Card to provide easy,
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Phoenix Bulk Depot,
research about Development Lanang, Davao City 2022
the product’s Department 8000
possible
weaknesses or
fallbacks.
Test and adjust Research and Head Office: May 17, ₱1,500,000.00
the programs Development 2022
and services Department Phoenix Bulk Depot,
offered Lanang, Davao City
according to the 8000
feedbacks.
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Price Strategy
End Goal: We want to identify the effective price strategy where the Fun Plus Phoenix Card is
most profitable and yet affordable for the consumers before launching it in 2022.
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25th Floor Fort
of Fun Plus Legend Towers 2022
Phoenix card 3rd Avenue corner
and its 31st Street,
suggested retail Fort Bonifacio Global
price (SRP) City, Taguig City 1634
nationwide.
Place Strategy
End Goal: To celebrate little goals and achievements by being accessible to diverse needs and
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new products Department Tower, Rizal Drive, 2022
and services in corner 4th Ave, 1630
every branch of Metro Manila
gas stations.
Promotion Strategy
End Goal: We want Phoenix Petroleum to maximize the usage of social media and traditional
marketing to be able to get more awareness of our brand and its products and services to our
● Commercials/Advertisements
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Global City, Taguig
City 1634
Shooting for the Marketing and Corporate Office: May 23, ₱2,000,000.00
television Sales Division 2022
commercial and and Ms. Rhian 25th Floor Fort
voice recording for Ramos Legend Towers
the radio 3rd Avenue corner
advertisements. 31st Street,
Fort Bonifacio
Global City,
Taguig City 1634
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Billboard and Flyers Ads
Meeting and contract Marketing and Corporate Office: June 17, ₱1,500,000.00
signing for billboards Sales Division, 2022
and flyers lease of Advertising 25th Floor Fort
space. Agency and Legend Towers
Owner of the 3rd Avenue corner
place 31st Street,
Fort Bonifacio
Global City,
Taguig City 1634
● Internet Advertisements
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WHAT WHO WHERE WHEN BUDGET
People Strategy
End Goal: We want Phoenix Petroleum to maintain good customer service and ensure
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Petroleum’s employees and every month we would be giving them a cash incentive to the top
performer employee of the month to recognize their efforts and further motivate them.
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End Goal: We want Phoenix Petroleum to be a gas station that caters diverse needs and
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1634
Post a QR code for Marketing and Corporate June 02, 2022 ₱1,500,000.00
payments and Install Sales Office:
an automatic Division:
temperature check and Creative 25th Floor Fort
alcohol spray for a Team, and Legend Towers
contactless and the Designer 3rd Avenue
sanitized environment. corner 31st
Street,
Fort Bonifacio
Global City,
Taguig City
1634
Process Strategy
End Goal: We want Phoenix Petroleum to maintain its good qualities and improve on lacking
Create a mobile app Marketing and Corporate Office: June 15, ₱1,500,000.00
that can easily update Sales Division : 2022
any news from our Communication 25th Floor Fort
products and and Creative Team Legend Towers
services. 3rd Avenue
corner 31st
Street, Fort
Bonifacio Global
City, Taguig City
1634
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Corporate Office: Every ₱1,000,000.00
Month
25th Floor Fort
Legend Towers
3rd Avenue
corner 31st
Street, Fort
Bonifacio Global
City, Taguig City
1634
TOTAL ₱53,300,000.00
IV. PRO FORMA FINANCIAL STATEMENT (Income Statement and Cash Flow
The table shows the income statement and cash flow for 3 years.
monitor the sales performance to prevent potential losses and future problems. The
company will conduct a survey in regard to the customers’ feedbacks to further improve
the services offered in the new Phoenix Petroleum product. Through this, the goals and
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Phoenix Petroleum Philippines. (2020, August 3). Fastest-Growing Oil Company in the
Biswas, R. (May 28, 2021). Philippines remains mired in recession due to latest Covid-19 wave.
due-to-latest-covid19-wave-May21.html
Official Gazette Ph. (2007). Republic Act No. 9367 | GOVPH. Retrieved
from https://www.officialgazette.gov.ph/2007/01/12/republic-act-no-9367/
PHOENIX ARCHIVES
Phoenix Petroleum Philippines. (June 23, 2021). Company Profile, Subsidiaries & Structure |
from https://boi.gov.ph/wp-content/uploads/2018/02/Downstream-Oil-December-2017.pdf
Business World (September 22, 2021). Phoenix Petroleum’s market share grows to 8.3%.
Phoenix Petroleum Philippines (2021). Board of Directors and Management Team. Retrieved
from Phoenix Petroleum Philippines (2021). Latest Financial Performance | Phoenix Fuels
Statista (2021). Oil product consumption of the industrial sector Philippines 2020, by fuel type.
product-consumption-by-fuel-type/
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Phoenix Petroleum Philippines (2021). Phoenix earns 3 nods at 17th International Business
international-business-awards/
Phoenix Petroleum Philippines (2021). Our List of Awards & Recognitions per Year. Retrieved
from https://www.phoenixfuels.ph/awards-recognition/
Department of Energy Philippines (2016). Oil Supply/Demand Report FY 2015. Retrieved from
https://www.doe.gov.ph/downstream-oil?q=/downstream-oil/oil-supply-demand-
2015&ckattempt=1
https://www.populationpyramid.net/philippines/2021/
National Economic and Development Authority (2021). Report on National Income Account (Q2
2021.pdf
Journal, W. S. (n.d.). PNX.PH | Phoenix Petroleum Philippines Inc. Annual Income Statement -
data/quotes/PH/PNX/financials/annual/income-statement
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