Professional Documents
Culture Documents
Alponte, Jemie A.
Babatuan, Romjen S.
Modiarat, Jhalaika O.
Padayag, Jessa C.
Quijano, Jervin L
November 2023
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TABLE OF CONTENTS
IV. ANALYSIS
INDUSTRY ANALYSIS
The Industry Where Coco Loco Belongs ...…………………………...... 11
Positioning Statement …………………………………………………... 11
CUSTOMER ANALYSIS
Target Customers ……………………………………………………...... 11
Customers’ Needs ………………………………………………………. 12
COMPETITIVE ANALYSIS
Direct Competitor ………………………………………………………. 13
Indirect Competitor ................................................................................... 14
Competitive Advantages ........................................................................... 15
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V. MARKETING PLAN
What Our Business Does ...........................................................................
SWOT Analysis ........................................................................................
Marketing Strategy ...................................................................................
Marketing Budget .....................................................................................
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Projected Income Statement ..........................................................................
Projected Income Statement ..........................................................................
Projected Cash Flow ......................................................................................
X. APPENDICES
Appendix 1 – Organizational Chart ...............................................................
Appendix 2 – Photograph of Product/Facilities/Building ..............................
Appendix 3 – Partnership/Corporate Agreement ...........................................
Appendix 4 – Vicinity Maps ..........................................................................
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II. EXECUTIVE SUMMARY
BUSINESS OVERVIEW
Coco Loco is a refreshment drink that serves customers with a good-quality coconut
product. It is a locally established beverage business located in Estrada 3rd, Digos City, Davao
del Sur. This new business is a partnership consisting of nine members and is going to start in the
early stages of the development phase.
Coco Loco aims to sell coconut juice with a focus on providing tasty, refreshing, flavorful,
and hygienic products to the community. Coco Loco will serve the customers with the time and
attention they deserve while savoring the refreshing drinks.
Our business goal is to refresh everyone with the quality coconut juice we have and provide
excellent customer service that will keep customers coming back while savoring the refreshing
drink, allowing us to build a strong reputation with them.
SUCCESS FACTORS
1. Establish unity and shared beliefs
- Building an excellent workforce is essential for the success of every business. The Coco
Loco business can be defined as having a similar sense of camaraderie and a positive
perspective on everyone. Everyone has disagreements or episodes of frustration, but by
staying connected and honest in the way we communicate, we can fix fences and build
stronger connections. Additionally, it is important to acquire the ability to motivate and
elevate our staff members while respecting our distinctive qualities and making the finest
use of everybody's skills, which allows us to obtain progressive business results.
2. Affordability of product
- Pricing is very important once you want the business to know why we end up with our
affordable price. The pricing of Coco Loco's product is one of its success factors because
it is incredibly affordable while still serving a high-quality drink.
- The Coco Loco business will continue to be consistent, providing our customers with
satisfaction and contentment. Also, we will make every effort to serve the community
with a distinctive refreshment that gives coconut juice a refreshing, new, delectable taste
that marks the town as well as the future.
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4. Put the customer first
- Coco Loco maintains a pleasant attitude and a genuine desire to assist customers in need.
We prioritize how our customers feel and make them believe that our business treats
them with respect, empathy, and compassion. On top of that, we listen to our customers
and continuously seek and appreciate their feedback so that we may enhance our products
and services to exactly meet their demands. Their feedback motivates us to deliver the
best beverage we can.
5. Inspire
- Coco Loco is a recently founded company. We also take great pride in the fact that we
like working, being motivated, and interacting with the team when we accomplish our
goals. Also, the groups of owners are focused on establishing the company's reputation
and future success.
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III. COMPANY OVERVIEW
How it Started When your company was Where you are located
formed
• A group of college students • The company was formed on • Coco Loco can be found at
came up with the idea to have a October 2023 Estrada 3rd, Digos City, Davao
coconut concept of business. del Sur.
We end up having a name for
Coco Loco that matches the
product we made. Coco Loco
was founded by college students
who intend to provide
consumers with affordable
refreshments while still
providing the satisfaction of
coolness.
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the other and collaborates
closely with them. To ensure
that the partnership fosters
influence, creativity, and
longevity in terms of overall
returns, each side must make a
balanced commitment and
investment.
C. BRIEF DESCRIPTION OF WHAT YOUR COMPANY DOES
Products or Service Unique Aspects of the Business Key Customers, Partners and
Suppliers
• Coco Loco offers the best • Our product is one-of-a-kind • Key Customers - Lovers of
refreshing drink in town. A and offers a range of unique coconut juice, individuals who
high-quality coconut juice features, attributes, and enjoy refreshing drinks, kids,
drink that both hydrates and benefits that make it stand out teenagers, adults, and everyone else
quenches the thirst of in the market. Firstly, its key are all welcome to enjoy and
everybody feature is the use of real consume our product.
coconut water, which provides
natural electrolytes and • Partners - Coco Loco partners
hydration to the body. may build and organize our
Additionally, Coco Loco is business to make it even more
organic, gluten-free, and free effective and profitable through
from artificial preservatives applying the skills and expertise
and sweeteners, making it a given by each member and
healthy and guilt-free choice
establishing a good, progressive
for consumers. Its creamy and
refreshing taste is another company.
attribute that sets it apart from
other beverages. Also, the • Suppliers - We are very pleased
color of choice that we have to work with suppliers of the
affects customers and the highest-quality coconuts and
market as a whole. products. We develop solid
relationships with one another as
buyers and suppliers.
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vendor inside the public market.
Supplier for other Ingredients
• Public Night Market & JJ Phenil
Store
Supplier for cups, flat lid & straw
• Golden C4S Trading Corp
@ Lim Bldg., Roxas Ext., Digos
City.
D. VISION, MISSION AND GOALS OF THE COMPANY
• to become the most well-known • Provide our valued customers • To expand and have different
brand in the locality and the best with the best refreshing drink branches in different cities in our
refreshing beverage that they have ever had while nation.
freshens their whole system. delivering an everlasting flavor.
• Offer the most refreshing drink in
town.
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Introduction Sales Number of customers served
• Coco Loco won 3rd place in • Coco Loco gained profit during • During the selling activity, Coco
Best Dressed and Best Logo the selling activity. On the Loco served an estimated 300+
during the selling activity on the following days, our products customers on November 13–17,
13th Business Ad Week. were unexpectedly sold out 2023.
early. We had reached ₱ 7,261
in sales on November 13–17,
2023.
IV. ANALYSIS
I. INDUSTRY ANALYSIS
a. The industry where your Business Coco Loco belongs to the food and beverage industry,
belongs where it offers 100% pure coconut water.
The respondents of the survey at Cor Jesu College, Inc. were selected students from elementary, junior high,
senior high, and college. The researchers chose sixty-one (61) students to get to know their perceptions of
potential customers' needs, such as how regularly they buy our drinks, which channel that they prefer to use
when purchasing their products, how willing they are to purchase Coco Loco, and other questions. The method
will be random sampling, in which respondents can be selected fully at random and each member of the
population will have an equal chance of being included in the sample.
A. TARGET CUSTOMERS/PROFILE OF YOUR CUSTOMERS
The profile of the respondents in the conducted survey This survey selected sixty-one (61) respondents from
elementary, junior high, senior high, and college students at Cor Jesu College.
It is shown that most of our respondents are at the age of 17; second to the first is 18 years old, which is in the
same education level (senior high school), while the lowest range is 19 years old, and 20 years old has the
same low respondents, which is 1. 2% of the respondents. While talking about gender, 55.7% are male students
and 44.2% are female. This indicates that most of the respondents are college students who are around 19–20
years old. In grade level, it shows that most of our respondents are from senior high school, which has 24.5%
of respondents.
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B. CUSTOMER NEEDS
Do you love Coconut Juice/Buko? Most of the respondents say that they love Coconut
Juice /buko.
At what price would you consider your willingness Most of the respondents answered ₱25.00–₱30.00
to pay of Coco Loco?
Out of 61 respondents, 46.9% answered ₱25.00-₱
30.00 price that they will consider their willingness to
pay for Coco Loco, followed by 20.4% saying it is ₱
30.00-₱35.00; followed by the lowest frequency, 9.4%
saying it is ₱15.00-₱20.00
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III. COMPETITIVE ANALYSIS
Products/services Food delicacies, Filipino Variety of shakes, coffee, Food delicacies, Filipino
offered desserts, and drinks. and foods that they offer. desserts, and drinks.
Pricing Price starts at ₱50-₱500 Price starts at ₱30-₱200 Price starts at ₱50-₱500
Revenue No data available No data available No data available
Location(s) Davao-Cotabato National Del Rosario, Digos City, at Pan-Philippine
Highway, a few meters Davao del Sur. Highway, Digos City,
from Digos City Davao del Sur.
Diversion Junction.
Customers • Customer segments are • Customer segments are • Customer segments are
segments/geographies the individuals across all the individuals across all the individuals across all
served genders. genders. genders.
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supporting local
businesses.
Competitor’s key Prangles faces difficulties Kopi Kalsada has a Mers has limited brand
weaknesses in distribution or narrow product range or recognition; it may face
availability in certain limited beverage options; challenges in standing out
areas of Digos City, it may face challenges in in a competitive market.
which could limit its meeting diverse consumer Investing in branding and
market reach and impact preferences, potentially marketing efforts could
potential sales. limiting its market share. help address this
weakness.
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reputation and prevent unauthorized usage.
Marketing In terms of marketing, Coco Loco always makes use of
social media, like Facebook, to advertise its product. Also,
by inviting some of the influencers to make an honest review
of our product in that way, it can easily reach its target
market within Digos City and other cities as well.
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