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Table of Contents
Ojamesi Vegetable Export
Introduction
Executive Summary
Situation Analysis
Markets and Customers
Marketing Strategy
Marketing Programs
Financials and Forecasts
Summary
References
Netherlands; 5.80%
Switzerland ; 14.70%
India; 14.20%
From table Fruits, Nuts and Vegetables shipment earned the country US$453.7 million.
Though the Fruits and Nuts recorded a downward trend in the generation of revenue for the
country by 24.8%, it raked in US$413.7 million for the period. Vegetables on the other hand
recorded a positive earnings for the period by 56.9% with a positive net revenue of US$40.
Executive Summary
Ojamesi Fruits and Vegetables Export is an ongoing business which has been in business for
over 35 years and deals in the export of fresh organic fruits and vegetables. Ojamesi will start
another three years target to achieve huge sales growth. After s worrisome global tumult of
COVID-19 and its attendant Russia – Ukraine war, the economic conditions the world over
has never been the same. However, Ojamesi Fruits and Vegetables Export is continuing to
show dominance in the export of the perishable products. Restructuring the capital base, fresh
and well minded entrepreneurs coming on board, new employee programs, improved
services, bouncing back of the international business activities, enhanced sales training and
competitive export pricing helped in generating an increase of 20% in net sales revenue for
Ojamsi after the recess from the export of Yam tubers, Chillies, Okra, Long marrows and
fresh tomatoes in 2022. This constitute an overall Net Profit Margin of 4.83%, which
translate to an improved 38% advancement over the previous year.
Ojamesi Fruits and Vegetables Export plans for the next three years to delve into control of
the category and expand sales over the period. Concurrently, Ojamesi will maintain existing
marketing and operations plans for fresh tomatoes and okra and employ aggressive marketing
campaigns and develop further new brand position in the minds of our target market so as to
gain new customers and increase sales from existing customers.
Situation Analysis
Analysis of the Ghanaian environment indicates that there is greater prospect for the
Ghanaian Fruits and Vegetables market. It is on record that Ghana is a leading and one of the
topmost Africa’s perishable exporters with agricultural products accounting for a third of the
country’s total export. According to IAG Cargo magazine, 2018, Africa’s food and beverage
markets are expected to reach US$1 trillion by 2030, a whopping three times the market
value right now. The bulk of this growth has been estimated to the exports of landscape, and
the huge amount of fresh produce flown out of the continent each day comprising of fresh
fruits and vegetables to spices.
It is established that Srighan Farms (GH) Ltd is a leading exporter of fresh agricultural
products from Ghana using state of the art technology to dominate the market. The capital
base of Srighan Farms (GH) Ltd coupled with innovative strategies and strong network with
importers has position them to enjoy a market share of 27.5% as compared to 12.8% by
Ojamesi Fruits and Vegetables Export. Increase in demand for fruits and Vegetables are
expected to be based on quality, timely delivery and constant supply. We have worth of
experience in the export of fresh vegetables and fruits business and with our innovative, high
quality source of products and state of the art packaging as well as timely delivery to offer
our clients value in branded products.
Over the last three years, industry sales have sunk over 75%, while Ojamesi Fruits and
Vegetables Export has a budget of $75 million for advertising. Ojamesi Fruits and
Vegetables Export enjoyed sales of $385 million in 1989, however is positioned 5 th in the
industry. Tariffs and the rising value of the foreign currencies would position Ojamesi Fruits
and Vegetables Export sales.
Organizationally, the entire world has slumped in business over the past years and after many
volatile years of sloppy COVID-19 and thereafter Russia-Ukraine war we have adopted
procedures and an internal approach to importers satisfaction. Upon going public in the
raising of funds and engaging our out grower clients in the best possible to come up with best
yields, pieces began falling into place.
Regarding marketing, it is empirical to own a position in the market and ensuring the
sustenance and growing such market. A suite of updated fruits and Vegetables products at a
range of low to premium price points is integral to Ojamesi Fruits and Vegetables’ strategy.
Currently, a pull of strategy in driving importers to the organic nature of Ghanaian fruits and
vegetables, topmost quality and the friendly nature of doing business with the Ghanaian
counterparts are being sold to customers with promotional mix of website advertisement,
online promotions, local and national social events, public relations, and direct marketing
collateral such as the product catalog.
SWOT Analysis
In analysing the strength, weaknesses, opportunities and threats (SWOT) of Ojamesi Fruits
and Vegetable Export it is eminent that Ojamesi Fruits and Vegetable Export plies on the
strength of an attractive importer base due to our loyalty to these importers. We have
provided our customers with exact specifications and quantities at all times without a hitch
and this has made them virtually center their hope around Ojamesi Fruits and Vegetable
Export. Related to the above is the quality and pure organic nature of our products supplied to
our customers.
Our weakness stem on the deteriorating market of the Fruits and Vegetable exporters within
the industry causing an imposition of ban on the Ghanaian exporters. Again, the perishable
nature of these products makes it uncertain for internal strategic planning.
There exist extensive opportunities for further international market growth and development
as indicated by iagcargo magazine, (2018) that, Africa’s food and beverage markets are
expected to reach US$1 trillion by 2030, a whopping three times the market value right now.
However, Ojamesi Fruits and Vegetables Export must tread cautiously as increasing
competitive intensity by existing competitors will gradually level margins and this could be a
great threat.
Table 1 SWOT Analysis for Ojamesi Fruits and Vegetables Export
Strength Weaknesses
Attractive customer base due to loyalty to them by means of A deteriorating market of the F
specifications and quantities at all times. within the industry causing an
The pure organic nature of Ojamesi Fruits and Vegetables coupled with Ghanaian exporters.
the quality nature without any substandard has position us well in the The perishable nature of the pr
industry strategic planning
Opportunities Threats
international market growth and development, Africa’s food and Increase competition from existin
beverage markets are expected to reach US$1 trillion by 2030, a
whopping three times the market value right now
Again, saving of resources by importers will be beneficial and a powerful drive for their
consumers as saving cost will translate into a reduction in their services. Comparatively,
fruits and vegetables from Ghana’s organic products are cheaper than the inorganic products
from Jamaica to Switzerland and South Africa.
Table 2 Benefits and Psychographic segmentation
UK Market
Conscious about healthy fruits and vegetables
Nutrition alert
Quality sensitivity
Cost benefit
UAE
Qualities of having pure organic products
Not price sensitive
Brand and packing conscious
Demographic segmentation will be adopted which will emphasis on education, religion and
nationality of the importers. Nutrition labelling and education regarding fruits and vegetables
rich in fibre, low in calories, essential nutrients as vitamin c, potassium and high in
compounds that offer significant health benefits provides existing and new customers lasting
attachment and loyalty. Education into this will be employed to gain new customers.
Marketing campaigns based on online content through online presence, social media
accounts, website which have an opportunity to showcase videos and photographs will be
extensively used for demographics of existing and new importers.
Positioning
Positioning of the Ojamesi Fruits and Vegetables Export products distributed across the
segmented importer profile as enshrined in this plan shall dwell on the leadership position in
the large bracket.
The message accompanying the positioning will vary based on the type of market segment.
Based on each market segment, the positioning message will vary. For example, when
communicating to the oil rich nations (UAE) importer with concentration on tourist
hospitality customers, a more convenient message such as, "lead the hospitality in industry
with African pure organic fruits and vegetables with an attitude", whereas a positioning
message to the UK market will be "Enjoy quality fruits and vegetables free from any infested
bacteria and chart a new road, Ojamesi Fruits and Vegetables Export style".
Marketing Goals and Objectives
Ojamesi Fruits and Vegetables Export has a precise objectives and goals that states ‘’supply
the best, quality, pure organic products to prospective importers and increase sales margins.
Our objective is to do $245.5 million in vegetables and related sales this year 2023,
exceeding last year’s sales revenue by 6% of $231.60 million. In the ensuing years 2024 and
2025, we intend to achieve sales revenue of $277.42 million and $341.22 million
respectively. We will achieve this by selling a mixed total of 89,680 tons of tubers, chillies,
Okra, mangoes, Long marrows and tomatoes, which is 6% more products sold this year 2023
than the previous year. A 6% increase in sales is achievable as last year's sales increases
were 12% over the previous year. This will be done through increasing of our internal export
and within Africa sales. In 2024 and 2025 years, we anticipate sales to go up by 13% and
23% respectively. This will ensure Ojamesi Fruits and Vegetables Export to become a
dominant in the fruits and Vegetables business and become a very competitive in the
industry.
Table 3. Three Year Marketing Plan from 2023, 2024 to 2025
Period Projected Sales Revenue Projected Percentage
(million) Increase in Revenue
Base Year - 2022 $231.60
2023 $245.50 6%
2024 $277.42 13%
2025 $341.22 15%
The Compound Annual Growth Rate (CAGR) of Ojamesi Fruits and Vegetables Export’s
performance over the three year period from 2023 to 2025 is provided as;
CAGR =[[($341.22m/$231.60m) ^(1/3)] -1] * 100% =13.78%
Thus CAGR over the three-year from 2023 to 2025 is 13.78%.
Implementation
Table 5, the sales forecast figure out the key marketing programs and it is essential to
successfully achieve each on time and on budget (Table 6).
References
Wood, M. B., (2014) . The Marketing Plan Handbook (5th ed.) . Upper saddle River, NJ :
Pearson Education, Inc.
IAGCargo magazine, (2018). Insight to a world that’s always moving – In Ghana, Fresh
Fruits and Veg Exports are Booming. Accessed on March 14, 2023,
https://iagcargomagazine.com/2018/11/28/in-ghana-fresh-fruit-and-veg-exports-are-booming/
Global Media Insight, (2023). Dubai Tourism Statistics 2023, Accessed on March 15, 2023,
https://www.globalmediainsight.com/blog/dubai-tourism-statistics/