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1108-Group 03-Case For Teeth
1108-Group 03-Case For Teeth
@____________________?
FINAL REPORT
PRODUCT MANAGEMENT
Group: 03
Class: 1108_2131
Subjects: Product management
Lecturer: Phan Minh Tuấn
@____________________?
FINAL REPORT
PRODUCT MANAGEMENT
Group of students:
ACKNOWLDGEMENTS
Our team would like to thank Mr. Phan Minh Tuan for imparting useful knowledge to
us during the time of studying Product Management.
In the process of making the report, it is difficult for our team to avoid mistakes, and
we hope you will forgive them. At the same time, because our knowledge is still wide
and our level is still limited, the report cannot avoid errors, we look forward to
receiving your comments so that our team can learn more. knowledge as well as
improve the report better.
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COMMITMENT
We hereby commit that the report is completely taken seriously by the team members.
The report is an independent research work of our team under the guidance of lecturer
Phan Minh Tuan
The information, data and reference images in the article are clearly and fully cited.
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CATEGOGY
Acknowldgements------------------------------------------------------------------------i
Commitment------------------------------------------------------------------------------ii
Categogy----------------------------------------------------------------------------------iii
List of pictures---------------------------------------------------------------------------vi
List of tables-----------------------------------------------------------------------------vii
PART I. NEW PRODUCT CREATION---------------------------------------------------1
I.1. Idea generation:----------------------------------------------------------------------------1
I.2. Evaluating the ideas-----------------------------------------------------------------------5
I.2.1. Idea formation process:-----------------------------------------------------------5
I.3. Choosing and ranking factors:-----------------------------------------------------------6
I.4. Type of new product:---------------------------------------------------------------------8
PART II. PRODUCT INNOVATION CHAPTER (PIC)-------------------------------8
II.1. Background--------------------------------------------------------------------------------8
II.2. Focus---------------------------------------------------------------------------------------8
II.3. Goal and objective------------------------------------------------------------------------9
II.3.1. Objective:--------------------------------------------------------------------------9
II.3.2. Goal:------------------------------------------------------------------------------10
II.4. Guidelines--------------------------------------------------------------------------------10
II.4.1. Innovation: Launched for the first time in the market---------------------10
II.4.2. Time-------------------------------------------------------------------------------11
II.4.3. Copyright protection------------------------------------------------------------11
PART III. NEW PRODUCT PROCESS--------------------------------------------------11
III.1. Phase 1: Opportunity Identification and Selection--------------------------------11
III.1.1. Idea-------------------------------------------------------------------------------11
III.1.2. “Orthodontics” trend-----------------------------------------------------------11
III.1.3. Eating out habits----------------------------------------------------------------12
III.1.4. Dental hygiene needs----------------------------------------------------------13
III.2. Phase 2: Concept Generation---------------------------------------------------------13
III.2.1. Concept information process-------------------------------------------------13
III.2.2. Market research----------------------------------------------------------------17
III.2.3. Perceptual map-----------------------------------------------------------------18
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III.2.4. Judgment------------------------------------------------------------------------25
III.3. Phase 3: Concept Evaluation---------------------------------------------------------25
III.3.1. A.T.A.R model-----------------------------------------------------------------25
III.3.2. Total cost to produce a unit---------------------------------------------------27
III.3.2.1. Cost-plus pricing-------------------------------------------------------------27
III.3.2.2. Value-based pricing---------------------------------------------------------28
III.3.3. NPV (Concept 1): Patronus I with two “Smart”.--------------------------28
III.3.4. NPV (Concept 3): Case for comfort in movement.-----------------------30
III.3.5. NPV (Concept 4):Case can be used many times and has compact
packaging.--------------------------------------------------------------------------------32
III.3.6. House of quality----------------------------------------------------------------33
III.4. Phase 4: Development-----------------------------------------------------------------35
III.4.1. Benefit---------------------------------------------------------------------------35
III.4.2. Chunks and functions----------------------------------------------------------35
III.4.3. The detail of Case For Teeth-------------------------------------------------36
III.4.4. Components---------------------------------------------------------------------37
III.4.5. Packaging form-----------------------------------------------------------------38
III.4.6. Logo of Case For Teeth-------------------------------------------------------38
III.5. Phase 5: Launching--------------------------------------------------------------------38
MARKETING PLAN-------------------------------------------------------------------------38
A. Situation analysis------------------------------------------------------------------------39
1. Industry background------------------------------------------------------------------39
2. Company background----------------------------------------------------------------39
3. SWOT analysis------------------------------------------------------------------------39
B. Marketing objectives--------------------------------------------------------------------40
C. Marketing strategy-----------------------------------------------------------------------40
1. General marketing strategy------------------------------------------------------------40
1.1. Segmentation and targeting-------------------------------------------------------40
1.2. Brand differentiation strategy----------------------------------------------------41
1.3. Brand positioning strategy--------------------------------------------------------42
2. Specific target market strategies------------------------------------------------------42
2.1. The product strategy---------------------------------------------------------------42
2.2. The pricing strategy---------------------------------------------------------------43
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List of pictures
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LIST OF TABLES
v Idea 1:
Idea formation: Breakfast is very important, but most people ignore it. Because
they don't have time to prepare breakfast. On the other hand, they eat very
quickly and do not ensure enough nutrients to provide energy. The solution to
the above problem is a breakfast product that combines Yogurt and Granola.
Breakfast is quick, convenient, and saves time. A healthy breakfast enhances
memory and concentration. Contribute to building healthy habits
Target customer: Products are aimed at customers who are students, office
workers, customers with special diets. They don't have much time for breakfast
but still want to have a meal full of nutrients and provide enough energy.
v Idea 2:
Idea formation: Today, the number of people using the laptop to work and
study is very much. Carrying a laptop with a charging cord and always needing a
seat with a power outlet can charge the battery easily. However, it is always
necessary to have an electrical outlet near the workplace/study as well as the
charging cord causing entanglement and inconvenience, charging cord is not
long enough to plug in the charger in some cases. So to make it easier to use
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your laptop anywhere without a power outlet and save space, a wireless charger
will help you solve these problems.
Discription: Wireless charger will help you not have to carry around a bunch of
cumbersome wires like before. The wireless charger can be placed in many
locations, everyday space for study and work, to make it most convenient for
charging your laptop battery. That is the type of charger you just need to put the
laptop on a charging surface without plugging it indirectly, and the charging
device needs to come fully charged before use. This product is created to
continue the innovation and success of wireless chargers for smartphone devices
in recent years.
Target customer: This device is aimed at customers who often use laptops for
work and study. The use of a wireless charging dock makes them more
convenient in their work, not wasting time looking for a place to charge and
plugin.
Distribution: The product will be distributed and sold in stores selling electronic
devices such as Dien May Xanh, Mobile World... and also on e-commerce sites:
Shopee, Lazada... for everyone can be easily purchased and used
v Idea 3:
Idea formation: In the process of using the air conditioner, you may encounter a
bad smell, or the fact that we eat and drink under the air conditioner will make
the room smell bad. That makes us have to use more typical room fragrant waxes
for air-conditioned rooms, that’s costly.
Description: Air conditioners are made of different types of metal. Plastic and
other nontraditional materials are used to reduce weight and cost. Copper or
aluminum tubing, critical ingredients in many air conditioner components,
provides superior thermal properties and positively influences system efficiency.
They are comprised of stainless steel and other corrosion-resistant metals. Air
conditioner technology combines with air diffuser technology. Adding a new
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Distribution: Focus on selling in big cities such as Ho Chi Minh City, Hanoi,
Nha Trang, Phu Quoc, …
v Idea 4:
Idea formation: In the context of modern technology, the use of mobile devices
like Smartphones has become common in daily life. On average, each person
spends 7-8 hours on mobile devices per day. Each mobile device will have time
and battery capacity to use, after the mobile device runs out of battery, we have
to look for a charging device at that time. In particular, for urgent cases but
encounter situations such as forgetting to bring a charging device, not bringing a
backup charger, no place to plug in a charging device, not finding a charging
device, etc. The design that combines sneakers with a charging device can
enhance the function of your sneakers wherever you are. The device will be
suitable for people who love to practice walking/jogging and have a sports spirit.
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energy includes a battery and a USB charger that is designed to be compact and
match the sneaker. Maybe you need to walk about 8km to be able to charge a
Smartphone or other mobile device. The product is a combination of sports
practice and a charging device.
Target customer: The product is suitable for customers who love to explore and
are passionate about sports and exercise by participating in hiking and climbing
activities.
v Idea 5:
Idea formation: I started braces from teeth in 2019. I always have a hard time
cleaning my teeth when I have to go out to eat. My family and friends are facing
similar difficulties. It's really annoying when we can't clean our teeth when
eating out. Therefore, I had the idea to create a protective tooth cover for when
we eat and drink to make oral hygiene easier in any situation.
Target customer: The product will be suitable for customers aged 15 years and
older because, at this age, most customers have completed their dental
framework, completely replaced their teeth, it will be easy to shape the tooth
protection mold.
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For screening all ideas and deciding to choose an idea of the best product/service, we
will apply the VRIN model with 4 elements: valuable, rare, inimitable, non-
substitutable.
Valuable: Products/services from new ideas must bring value to the company,
like helping the company improve their weaknesses, promoting strengths,
providing sustainable development opportunities for the company.
Rare: The scarcity and novelty of the idea that only your company has and
there's never been before. If the product has value for the company but imitates
other ideas, that does not create uniqueness, rare to the product.
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After analyzing VRIN model, the ideas are selected as "Wireless charger for
laptop" and "Case for teeth."
Differences (20%): In the market, there are always competitors to attract customers.
For customers to feel the difference of the product is very important because when the
product is outstanding and unique compared to other products on the market, the
difference of the product will be a competitive advantage. and persuade customers to
choose products over competitors. The difference is also a measure of the level of
persuasion of customers compared to competitors. So this "difference" is 20%.
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Convenience (15%): Convenience includes many factors: ease of use, value product,
and multitasking. This leads to behavior after the customer's purchase or use of the
product. The “convenience” factor accounts for 15% of the total.
Differences 20 4 80 3 60
Price 20 2 40 4 80
Convenience 15 3 45 5 75
Satisfied 20 3 60 4 80
After analysis, discuss the two potential ideas above. And score and evaluate based
on a 5-point scale. We decided to choose the product idea "Case for teeth" to
develop, produce and launch into the market.
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II.1. Background
II.2. Focus
Name: Patronus I
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Target:
o Target market: Currently, the team wants to reach customers in Ho Chi Minh
City.
o Target customer: Customers who have a need to care about oral health or are
in the process of braces or are being treated for dental problems. The product
will be suitable for customers aged 15 and over because at this age, most
customers have replaced all of their baby teeth, completing the permanent
molars. This will help shape the teeth for customers easier, customers can
use the product in a long and sustainable way.
POD :
o As the first tooth protection product on the market, different from dental
protection products used in sports, it can serve most customers who have or
are currently wearing braces.
II.3.1. Objective:
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Based on the condition of each customer's teeth, the product will be designed to match
the tooth mold, in order to achieve customer satisfaction when they have the
opportunity to experience the product.
Products will be widely distributed at reputable dental clinics and pharmacies in the
Vietnamese market.
II.3.2. Goal:
Changing customers' awareness and habits about oral hygiene, not only toothpaste,
mouthwash, water flosser, brush,...
Increase brand awareness (4 months) and create a market share of 15% in Vietnam
(next 3 years).
II.4. Guidelines
If you are a person with specific needs or are in the process of orthodontics, you will
have heard of the necessary items for oral hygiene every time eating and drinking, but
it will be quite inconvenient if we are in a place where we do not have enough
conditions to be able to use such items. Therefore, our team has researched,
researched and launched the product "Case for teeth" with the function as a product
that both protects against breakage of plates (such as broken elastic bands, broken
brackets, etc.) just clean your teeth every time you eat and drink. Completely
convenient and does not lose aesthetics for users, especially today young people tend
to upgrade themselves more.
With SmartTrack material, it will help "Case for teeth" avoid the effects of bacteria,
acids, and other chemicals from food. environment, saliva,... On the Vietnamese
market, there are products that use similar SmartTrack materials to make "Invisalign
transparent orthodontics", however this product's main purpose is to use orthodontics,
so the price is quite high, hard plastic material is mainly used for shaping, so it is
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inconvenient for users. Therefore, the product "Case for teeth" is the perfect
combination to bring customers an enjoyable experience and reasonable price.
II.4.2. Time
Because this is the first product launched on the market, the time of announcement
must be chosen to provide the most appropriate and absolutely confidential
information about the product before it is released to the public.
The product "Case for teeth" can be launched on the market around the end of
December and the beginning of January because this is the time near Tet, people's
demand for eating and drinking becomes more than ever. This will be a reason for
everyone to have the opportunity to try this product.
III.1.1. Idea
The idea of the product "Case for teeth" was born from the problem that my team
member is facing, which is oral hygiene during orthodontics.
Share of Hoang Hiep: “I started braces in 2019. I always have difficulty in cleaning
my teeth when I have to eat out. My family and friends are having the same problem.
It's really annoying when we can't clean our teeth when eating out. So, I had the idea
to create a dental guard when we eat and drink to make it easier to clean our teeth in
all situations, ensuring oral health for ourselves and everyone around. .
Orthodontics are considered an explosive trend in the past 3 years. One of the
cosmetic methods used by many people to contribute to improving the aesthetics of
teeth in particular and appearance in general. In addition, braces not only help us have
a beautiful smile, but most importantly, help to standardize the bite, improve chewing
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function, and overcome the situation of the face being misaligned and tight.
significantly.
However, with orthodontics comes the issue of oral hygiene. There are many
traditional oral hygiene methods to remove food particles from the teeth to avoid
causing gum problems, but most of them cause inconvenience to the user. In fact,
people with braces often find it difficult to clean their teeth at different locations.
Improper hygiene or not completely removing leftover food on the teeth will affect the
treatment process and be the cause of some dental diseases.
The results of Mandall's study in Manchester school children 14-15 years old showed
that 48% did not need treatment, 34% needed moderate treatment and 18% needed
very much treatment. While J Indian Soc Pedod prev Dent-March 2007 research on
Asian and Caucasian children showed a dental health factor with 18.41% needing and
very needing treatment, quite close to the results of Mandall[7] , those in need of
treatment (including level 3,4,5) was 44.2% - more than a third of the population and
still less than the results of other studies.
The Covid 19 pandemic has severely affected the accommodation and catering
services industry. However, according to the data released by the General Statistics
Office, in the end of 2018 and the beginning of 2019, the revenue of accommodation
and food services is estimated at more than 45 trillion dong, up 0.5% compared to the
previous month and up. 14.7%. Life is so busy that buying food to cook at home and
then clean up becomes a burden for many people, especially in big cities, Vietnamese
people tend to like to eat more and more.
According to Assoc. Prof. Trinh Dinh Hai, Director of the Central Odonto-
Stomatology Hospital, there is an alarming situation in Vietnam today that about 90%
of people have dental problems, mainly diseases. Caries. Habits of snacking, eating on
the street, teeth must constantly be exposed to too much unclean food, many
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individuals have problems with oral hygiene, this leads to bad health consequences for
a long time. dental health.
Today, many oral care products are developed and launched into the market such as a
series of toothpastes, electric toothbrushes, water flossers, etc. However, these
products have no mechanical properties. high performance because it cannot be used
in all cases. Carrying when going out is also a problem because of its untidy size and
shape.
Therefore, the "case for teeth" product will be a savior for customers every time they
go out, without having to carry too many oral hygiene products, still ensuring their
teeth are clean. Convenience and core value that the product brings, “Case for teeth”
offers the optimal solution for oral hygiene. The utility that the product brings to
attract the trust and satisfaction of customers, and at the same time is a completely
new product on the market.
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High strength, good heat the single-layer plastic (EX30). and foods that stain teeth
tolerance. ● SmartTrack has transparency, ● Reduce the risk of dental
● Easy to disassemble for strength, thinness, and problems
cleaning flexibility. With its inertness ● Effectively support the
and biological stability, the dental treatment process
SmartTrack material is
● Avoid having to clean
approved by FDA, and it's safe
your teeth repeatedly with
for use by children and adults.
previous products.
● SmartTrack does not contain
BPA plastic.
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● Same as the previous ● Continue like concept 1 and 2, ● Same as the previous
concept. The case fits and material is 100% safe for concept. Peace in mind
securely on teeth everyone, will not harm teeth about safety when using
● Design and composition ● The case will be improved to ● Feel free to move while
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Concept 4:The case can be used many times and has compact packaging.
● Same as the previous ● Same as the previous concept ● Same as the previous
concept. Each package and each customer will be able concept, reusable for a
includes 2 cases (each case to order the desired quantity suitable specified time.
includes upper jaw + lower according to demand Environmental protection
jaw). ● The shelf life of a case is 3-4 compared to using
● Round box packaging ● After using the case once, ● Easy to carry and use
choose from, compact to clean water with antibacterial ● The way to clean the case
take with you solution then put it back in the and store it is simple and
● Have clear product case stray for safe storage and convenient.
information and directions use for the next time ● Save money on other
conventional oral hygiene
products.
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Research question: Evaluate the importance of factors affecting the decision to buy the
product “Case for teeth”.
Convenience 0 0 2 24 12 4,26
Safety 0 0 4 21 13 4,34
Comfort 2 1 9 18 8 3,71
Novelty 2 0 7 15 14 4,02
Modern 2 1 9 19 8 3,86
Price 1 2 7 17 11 3,92
Design 2 4 3 13 16 3,97
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Packaching 3 3 3 12 17 3,97
Technology 3 0 4 21 10 3,9
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Materials are
easy to
damage teeth,
chemicals on
toothpicks are
not good for
health.
combination No difference
of toothpaste,
takes some
time to clean.
● The
mechanism
works by
acoustic
waves, so
many people
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take time to
adapt to the
product.
Not
convenient
convenient
Listerine ● Do not use ● There are ● Satisfy the need ● The blend of 4
too much many other to kill bacteria in essential oils:
because it competing the oral cavity but cypress
will remove brands of cannot remove essential oil,
the beneficial mouthwash food in the menthol,
bacteria products interdental spaces eucalyptus
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impact of layer
● Easy to clean,
Concept 4 food, polyurethane
easy to use for
convenient to plastic,
many customers
clean meeting
who are in the
medical
Very process of dental
standards to
convenient treatment.
ensure safety
Meet the needs of for health.
customers Ensure the
safety of users
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Symbol Note
Bamboo toothpicks
Phillip
Oral B
Listerine
Concept 1
Concept 2
Concept 3
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Concept 4
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III.2.4. Judgment
After performing a series of steps to research the market and the factors that affect
consumers' purchasing decisions. Along with comparing and analyzing competitors'
products. Based on the representation on the "cognitive map", our team concludes as
follows:
● The advantages of Oral Hygiene and Safety are two factors that make our
products superior to the rest of our competitors. So we decided to choose these
two factors to continue to promote development and increase competitiveness
compared to similar products in the market.
● Eliminate concept 2 because it has a lower score than the other 3 concepts.
The A.T.A.R model allows us to assess the impact of a product during its first year on
the market. Use the A.T.A.R model by multiplying the percentage of market share by
the number of target customers. From there, it is possible to predict the number of
products sold in the first year.
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As of July 2021, according to the World Population Review website, the population of
Ho Chi Minh City reached 8.8 (million people).
According to statistics from the Ministry of Health, more than 90% of the Vietnamese
population suffers from dental diseases such as tooth decay, gingivitis, periodontitis,
etc.
The percentage of people who have a need for dental health care and have frequent
visits to dental clinics is 38.8 % [CESTI - Center for Science and Technology
Information and Statistics.]
In which the percentage of customers who are interested in oral health living in urban
areas looking for dental treatment services (such as braces, porcelain crowns,
whitening,...) is 50%.
So, the number of target customers falls into the range of:
Step 2: Determine the percentage of market share (through the A.T.A.R model)
Awareness Can you imagine the Case For Teeth product from the 30
description?
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Repeat Would you buy the product again and recommend Case For 5
Teeth to your family and friends?
● We predict the impact of the product through the A.T.A.R model as follows:
○ About 60% of customers will know about Case For Teeth products
through product descriptions
○ About 30% of customers spend money to buy and use the product.
○ About 20% of customers will continue to buy again to use and are ready
to recommend the product to their relatives and friends.
● Market share = A% x T% x A% x R%
=0.0048
~ 0.48%
Number of products to be sold in the first year = Target customer volume x Market
share
= 3.4 x 0.48%
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After calculating the product value of each unit based on production costs, we will
conduct pricing based on the value received by the customer. With the desire to bring
customers the values that their psychology is looking for, we rely on these factors
including:
● Quality products
● Simple disign
● Good price
Through these two valuation methods, we conclude that the preferential price of
our product is: 350,000 VND.
The product with good materials that meets safety standards, is sold at the official
price after being priced. We believe this concept 1 will be suitable for the target
customer that we want to target.
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With concept 1, sales volume will increase in the 2nd year since customers know, use,
and feel the benefits of this product, and spread it similarly over the remaining years.
We expect variable costs to change as the following table (for all concepts).
Year 0: None.
Year 0: None
Therefore, our customer data will increase and decrease in proportion to the number of
products sold:
Year 0: None
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Year 0 1 2 3 4 5
Fixed cost
200 500 500 500 500 500
(per year)
NVP (Concept 1)
5
Pt
NVP = ∑ [¿ t
]¿
t =0 (1+ r)
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After calculating the NPV of concept 1, we continue to calculate the NPV of concept
3 to compare and choose the best concept. With concept 3, sales volume and price will
be high compared to concept 1 because Case will be improved to increase durability
and elasticity, making movement more flexible.
Year 0: None
Customer data will therefore increase and decrease with sales data:
Year 0: None
Year 0 1 2 3 4 5
Fixed costs (per year) 200 500 500 500 500 500
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NPV (Concept 3)
5
Pt
NPV= ∑ [¿ ]¿
t =0 (1+ r)t
III.3.5. NPV (Concept 4):Case can be used many times and has compact
packaging.
After calculating the NPV of concept 3, we continue to calculate the NPV of concept
4 to compare and choose the best option. With concept 4, sales volume will increase
sharply in year 2, 3 and decrease gradually until year 4.
Year 0: None
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Year 0: None
Year 0 1 2 3 4 5
Fixed Costs (per year) 200 500 500 500 500 500
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NPV (Concept 4)
5
Pt
NPV= ∑ [¿ ]¿
t =0 (1+ r)t
Concept choosing:
After calculating the 3 concepts, we found that the NPV of concept 3 is the highest
(Case creates comfort in movement). The specific figures have been calculated above:
31,814 (million VND) (Concept 3) > 23,932 (Million VND) (Concept 1 ) > 21,795
(Million VND) (Concept 4).
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III.4.1. Benefit
These days, everyone tends to eat outside more. Many dental repair products have
been developed and launched into the market such as a series of toothpaste, electric
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tables, water machines, etc. However, these products do not have a high operating
mechanism. could not use at all the case. The case for teeth becomes a savior with the
following benefits:
Each component has its own function. To show the functions and features of
individual components, see the table below for better understanding:
Table 15: Chunks and funtions of Patronus I
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III.4.4. Components
Table 17: Components of Patronus I
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MARKETING PLAN
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A. SITUATION ANALYSIS
1. Industry background
Previously, about 100,000 foreigners came to Vietnam each year as dental tourists,
bringing in up to 160 million USD in revenue. It is expected that in 2019 - 2023, the
dental cosmetic market will continue to increase by nearly 7% per year.
2. Company background
v Company history
Currently, the demand for beauty, especially the cosmetic dentistry industry, is
attracting more and more people's attention. Besides beauty, there will be difficulties,
although on the market there are many products that can overcome these difficult
problems, but there are still limitations and not really satisfying the desires of
customers. Understanding that, our team decided to launch the product "Case for
teeth", which is both aesthetic and environmentally friendly because it can be reused
many times - this is also a problem for many people. interested and supportive people.
v Mission statement
3. SWOT analysis
Table 18: SWOT analysis of Patronus I
STRENGTHS WEAKNESS
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OPPORTUNITIES THREATS
When the standard of living is high, the Can be competed by existing products on
more people have a sense of beauty. the market (Bamboo toothpicks; Phillip;
B. MARKETING OBJECTIVES
By the end of 2022, increase brand awareness in the market by 50% through media
campaigns.
C. MARKETING STRATEGY
The product is selected and optimized in the market. The target customers that are
focused on are those who have a need to care about oral health. This is the market
segment of the strategy. We want to focus on finding a solution for the convenience of
oral hygiene of customers through the "case for teeth".
Geographic segmentation
To products that are distributed widely, we aim to attract potential customers who live
and work in Ho Chi Minh City. Specifically, customers need to pre-order based on
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their tooth parameters and they can order products directly through our website or
indirectly through the medical facilities that cooperate with us.
Demographic segmentation
o Age and gender: "Case for teeth" suitable for all genders and in
particular for customers aged 15 or older and have replaced whole
portion milk - tooth, perfect portion teeth permanently. The product’s
suitable for customers who treat problems related to their teeth.
Psychological segmentation
Buying behavior
Customers’ decisions are based on what they want and what they need. Customers
choose to use products which are suitable for their demand, so novelty and easy to use
are strong points of "Case for teeth" and supply what customers need
In the Vietnam market today, there are many transparent orthodontics products, teeth
protection products used in sports. However, their main purpose is for orthodontics,
high cost and made of hard plastic material, causing inconvenience to consumers.
Some products about oral hygiene usually have certain disadvantages
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The product "Case for teeth" is compact in size, easy to disassemble for cleaning and
carry with you, both protecting teeth and cleaning teeth every time you eat and drink
and bring safe results for users. In addition, "Case for teeth" has a simple design that
exactly matches the shape of consumers' teeth, which helps them to operate their teeth
more comfortably and use it in many different eating situations. . Therefore, new
performances like “Case for teeth” are completely new and unprecedented in the
Vietnam market. This is the perfect combination product that gives customers an
enjoyable experience. Not only has the unique and different performance, the product
also attracts potential customers with its advanced features. In the future, “Case for
teeth” will be the best choice for customers.
“Case for teeth” is a new product on the market with the desire to achieve customer
satisfaction, and at the same time become a necessary product for dental hygiene and
care. The product "Case for teeth" includes special factors: convenience - easy to use -
reasonable price - safety - difference, which are factors that help customers receive
and use the product more. than. This is an exclusive brand product and has great
growth potential in the future. In order to help products and brands become more
popular, a number of advertising campaigns on social media channels are
indispensable (Facebook, Website, ...) to bring "Case for teeth" closer to customers.
customer.
v Core value
“Case for teeth” - tooth protection tray, includes 2 transparent trays with compact size,
compact design, convenient to carry anywhere, easy to disassemble to Hygiene,
suitable for each person's dental mold and support for oral hygiene needs.
v Actual product
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Material: Smart Track is made of multi-layer polyurethane, safe for health, good
durability, stoppers are made of Smart Force plastic to help fix teeth without moving
during use.
Price: reasonable and stable prices in line with the market and consumer's needs
v Augmented product
The product has a comfortable fit, with elasticity to create comfort for the movements
of the teeth. Products are designed for each customer's tooth parameters. Helping
customers change their awareness and habits about oral hygiene.
Along with the value of the product, the issue of price becomes an important factor. In
the first launch in the market, we will sell the product at a reasonable price to attract
customers to know more about the product. In the next periods, we will sell prices
according to market conditions and prices will be changed to match the purchasing
consumers' demand.
Because consumers' shopping habits are changing day by day, we use our company's
official website to promote products and confirm orders based on each customer's
tooth size. In addition, we will take advantage of the social development of
technology and the internet, promoting products on media such as websites,...
Customers can go directly to dental clinics to choose. Customers can order online to
experience the product.
To increase customer awareness about the “Case for teeth” product, we will focus on
advertising with social media such as Facebook, Youtube, and websites. In addition,
we will set up booths displaying sample products at locations with potential customers
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(clinics, pharmacies). As a result, customers can directly feel the product, evaluate its
quality, convenience, novelty, and stimulate customers' purchasing potential.
The product is scheduled for release in December 2022: at the end of the year, there
are many meetings and meals => The need for oral hygiene after each meal also
increases rapidly, stimulating the desire to experience the product. Because of the
limited time to complete this project, we only recommend the product, pricing, and
distribution strategies (in part C, part 2). During the implementation process, we will
evaluate and consider retaining appropriate strategies and proposals to accomplish
marketing goals.
We will do our best to implement the detailed IMC plan for the first 6 months of the
new product launch. If we have the opportunity to continue running the project in the
future, detailed plans for the product, pricing, and delivery must be in place.
● Promote our company's USP: smart materials, novel forms, changing familiar
behavior.
● The market leader in changing and creating new behavioral habits of consumers'
oral hygiene.
● Create conversions, reach the right target customer groups, to increase sales and
bring in high revenue.
1.2. Tools
Table 19: Media tools
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Digital Media
Publicity– PR
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● Key message: “Convenience life goes hand in hand with dental health”
(Vietnamese: Cuộc sống tiện ích đi đôi cùng sức khỏe răng miệng)
● Main activities:
Table 20: Marketing activities for Pre-launching
Digital Marketing
Owner Media Set up and complete the content on social media channels
such as fanpage, website to post information about product
descriptions, prices, uses, buying way,...
Facebook, youtube:
Poster frame Create videos promoting Case For Teeth products running
on LCD screens in elevators (hospitals, shopping malls,
dental clinic)
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Sales promotion
PR
● Key message: “Take care of oral health, Improve the quality of life” (Vietnamese:
Chăm sóc sức khỏe răng miệng, Nâng cao chất lượng cuộc sống)
● Main activities:
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Facebook, Website:
- Minigames or giveaway
PR
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Sales promotion
Sales promotion Website or medical facilities: officially open for sale with
special offers for the first 50 customers.
● Main idea: Help customers realize the importance of proper oral care. Using
the right and safe products will have a big impact on oral care. Take care of
your oral health and help improve your quality of life.
Detail:
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1. Speakers:
● Master - Doctor Nguyễn Văn Đẩu: Head of Oral Maxillofacial and Plastic
Surgery. Nhi Dong 1’s Hospital
● Master - Doctor Lê Tấn Hùng: Head of plastic surgery. Ho Chi Minh City
Dental Hospital
2. Organization form: due to the impact of Covid-19, the talk show will be held
online through the Google Meet platform and will be live streaming through
the following media channels: Facebook and Youtube.
3. Contents of the talk show:
● Share the current realities of people's oral health status and the status of
dental treatment cases reported in 2020.
● Share ways to take care of your teeth and maintain proper hygiene.
● At the end of the talkshow, Case For Teeth products will be mentioned:
information, usage, benefits,... and making offers when ordering products
in the talk show.
Digital Media
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Sales promotion
PR Activities
● Main idea:
o Giving customers a new look at oral hygiene products, not only toothpicks,
brushes, .... but also Case for teeth.
o Help customers realize the value of convenience, safety, and uniqueness that
products bring to create demand for products. Change habits in daily life.
Table 23:Detail marketing tools and main media activities for Stage 2
Digital Media
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PR Activities
Editorial articles Book articles conveying the above message through the e-
magazine Sức Khoẻ & Đời Sống
Main activities: Donate to Operation Smile Fund with the commitment that
each product sold will be deducted 2% of each product sold. The activity starts
from the time of debut in December 2022 to the end of the campaign (3/2023).
The number of donations will be statistically and continuously updated on our
website.
Table 24: Detail marketing tools and main media activities for Stage 3
Digital Media
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platforms
PR Activities
2. Timeline
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E. KPI
F. MARKETING BUDGET
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PR 50.000.000 Talkshow
Intellectual property (or intellectual property) is a concept that refers to the creation of
thinking in a broad sense: inventions, literary and artistic works, symbols, names,
images and settings succession is used in commerce ... Intellectual property involves
forms of information and knowledge, which can be expressed in tangible objects
while being duplicated into countless copies anywhere on the world.
Practicality in life: Product can help people solve normal problem in life.
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REFERENCES
1. Nhiên Thị Nguyễn (2019) “Việt Nam có hơn 90% người có bệnh về răng miệng”,
Ministry of health portain (MOH), < https://bom.so/AhFhAy>, access 23/11/2021.
2. Lam Vân (2020) “Sức khoẻ răng miệng của cư dân TP.HCM và các yếu tố liên
quan”, CESTI, < https://bom.so/4OACVn>, access 23/11/2021.
3. Top10hcm (2021) “Dân số TPHCM năm 2021 là bao nhiêu?”, Top10hcm, <
https://bom.so/7KGnfzqP1bcpiX>, access 23/11/2021.
4. (2021) “So Sánh Lãi Suất Vay Ngân Hàng Cập Nhật Mới Nhất 08/2021”,
Timovn, < https://timo.vn/blogs/so-sanh-lai-suat-vay-ngan-hang-cap-nhat-moi-
nhat/amp/>, access 30/11/2021.
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LECTURER'S COMMENTS
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2 Nguyễn Hoàng Hiệp 2190086 Part 3 (phase 1; Content; powerpoint & 100%
phase 2) present
3 Huỳnh Thiên Kim 2196607 Part 3 (phase 3; Content; powerpoint & 100%
phase 4) present
5 Đặng Yến Như 2197317 Part 3 (Phase 5: Content; powerpoint & 100%
D+E+F) present
Chapter 6
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