Professional Documents
Culture Documents
TABLE OF CONTENTS
INTRODUCTION.........................................................................................................................3
MAJOR FINDINGS......................................................................................................................4
I. Marketing plan......................................................................................................................4
1. Executive Summary...........................................................................................................4
3. Marketing strategy.............................................................................................................9
4. Action programs..............................................................................................................12
5. Budget..............................................................................................................................13
6. Controls............................................................................................................................14
2. Target audience................................................................................................................15
3. Communication channels.................................................................................................15
4. Types of contents.............................................................................................................16
5. Timeline...........................................................................................................................16
6. Budget..............................................................................................................................17
REFERENCE LIST....................................................................................................................19
2
INTRODUCTION
3
MAJOR FINDINGS
I. Marketing plan
1. Executive Summary
Sakuko Vietnam is an enterprise specializing in the distribution and retailing of domestic
Japanese goods, providing services, cuisine and typical culture from Japan. Formerly Sakura
Vietnam International Co., Ltd., first launched in September 2011, derived from the very
practical and everyday desire of a mother - also the founder of Sakuko Vietnam, Ms. Cao Thi
Dung: To give her children the best quality and safe products to develop. On December 15,
2017, Sakura Vietnam officially changed and launched the company's new brand identity,
Sakuko Vietnam and Sakuko Japanese Store.
After 10 years of establishment and development, Japanese Store with more than 30
supermarkets located in many provinces and cities across the country. According to Ms. Cao Thi
Dung - CEO of Sakuko Vietnam, Sakuko's goal is to become a bridge for Vietnamese consumers
to purchase high-quality, accessible and affordable Japanese products. From there, a marketing
plan was created to support and realize Sakuko's future goals when launching a new food
product “edible mushroom”. The Sakuko supermarket chain will use specific activities in its
marketing plan to reach customers and target markets.
a. Politics
The retail industry's growth is inextricably linked to politics. Our country's political stability
produces a good economic climate for retailers, encouraging many foreign companies to invest
in Vietnam. Vietnamese state system promulgates business laws such as commercial law, labor
law, payment of import and export taxes, etc., especially our country has an open door policy for
foreign retail investors into the Vietnamese market (Ha, 2019). When the Covid-19 pandemic
"knocked on the door", the difficulty that businesses in the retail sector faced was the input
problem of products and goods. The Government of Vietnam creates conditions to maintain
production, business and economic development according to the provisions of Resolution No.
30/2021/QH15 (July 28, 2021). Specifically, the "green transport flow" solution so as not to
disrupt the supply chain. Second, reduce corporate income tax and allow employees to work
overtime to solve urgent and backlog tasks. Sakuko also applies the provisions of the tax law,
always trying to ensure uninterrupted supply of goods, fully meeting the source of goods during
the epidemic season. In addition, the Government of Vietnam has issued a regulation on
"Economic Needs Test (ENT). These are the criteria used to determine whether a foreign
investor should be licensed, as well as obstacles posed to protect the domestic retail market from
foreign competition.
b. Economics
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Vietnam is a small scale market with a high growth rate, making it an appealing prospect for
international investors. Vietnam is also consistently first on the retail business development
index (GRDI). Furthermore, Vietnam enjoys from favorable conditions such as a golden
population structure, rapid middle-class expansion, a developing economy with high GDP
growth and stable inflation, and a high rate of urbanization. Vietnam's economy has been
growing at a rapid pace in recent years, with rising per capita income. As a result, people's
purchasing patterns are steadily shifting. Traditional retail venues such as marketplaces, grocery
stores, and agents are steadily dwindling, with contemporary retail systems such as supermarkets
and trade centers gradually taking their place. However, in the previous three years, Vietnam has
had to contend with a high unemployment rate. In 2020, the unemployment rate of working-age
workers is 2.48% (in 2019 it was 2.17%). (Parliament, 2021). When business activities decline,
there are no jobs, and resources are limited, they switch to savings mode. Less spending means
less business growth (Beliaikin, 2021).
Sakuko has to face direct competition from supermarket chains and convenience stores in
Vietnam such as BigC, Aeon Mall, Lotte Mart, etc... Companies that have strengths in the
Vietnamese retail market with a large scale, diversified products and suitable for the average
income of Vietnamese people. Besides, Sakuko also has to be wary of "brothers" in the field of
Japanese retail such as Fuji Mart, Sakura store, JE mart, etc... Most of them deal in household
products, fashion and cosmetics. Japanese distribution companies are also famous, but they do
not have as wide a variety of products as Sakuko.
Number of markets, supermarkets and trade centers over the years 2016-2018
(Source: General Statistics Office, 2020)
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c. Social
Vietnam is in the period of "golden population structure" with the proportion of the population
under 15 years old and 65 years old and above accounting for 24.3% and 7.7% respectively
(Kien, 2020). The population is still increasing, so consumption demand is also increasing,
especially food, household appliances and health care products. Besides, the speed of
urbanization and international integration also affects the retail market in Vietnam. In the past 10
years, the rate of urbanization in our country has increased rapidly. The urbanization rate has
increased rapidly from 19.6% with 629 cities in 2009 to about 39.3% with 833 cities in 2020
(Danso, 2020). The urbanization process also changes consumer culture along with international
integration. economic. Sakuko has been continuously expanding the variety of products to
satisfy the increasing needs of consumers.
d. Technology
The trend of consumption through e-commerce sites or businesses' websites has grown strongly
in the past few years. Especially since the Covid-19 epidemic broke out in Vietnam in 2019,
social distancing makes consumers look to online shopping channels more. (Kien, 2021). Along
with the development of technology, customers have the habit of reviewing and choosing goods
online before ordering or buying at a store. Grasping that trend, Sakuko has developed an
electronic sales channel to promote and sell products through the website and weekly livestreams
to reach more customers during difficult times. However, Sakuko faces to competitors that are e-
commerce platforms: Lazada, Shopee, Sendo, etc... with diverse products, reaching many
customer segments. However, customers always tend to fear fake goods when shopping online.
Therefore, Sakuko is still the top choice to buy Japanese products for Vietnamese consumers.
With existing strengths above, according to Ms. Cao Thi Dung - CEO of Sakuko Vietnam:
“Sakuko products are imported directly from manufacturers or authorized trading companies for
export to the Vietnamese market by the manufacturer" (Sakuko, n.d). Belong to the agreement
EVFAT, eliminate the customs fee between EU and Vietnam will be the driving force for
Sakuko to continue to expand and diversify product lines and approach many customer groups in
the coming time. In addition, Sakuko also used the advantage of online sales to generate revenue
during the epidemic season. Furthermore, Sakuko is also able to attract capital from domestic
and foreign investors to expand market share and minimize weaknesses by impressing
Vietnamese consumers, building their trust with products Japanese domestic (Nga, 2019)
Attracting 5,000 customers access website to search for the product "edible
Specific
mushrooms"
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Reach more customers to know about the new "edible mushroom" product,
Relevant
thereby promoting the business
Time-bound complete the goal before the Lunar New Year 2022 (February 1, 2022)
use promotion: product discount, buy 1 get 1 free or get free with food bills
Achievable
over 300,000 VND
promote the product widely, reach many customers (existing and new
Relevant
customers)
Time-bound 2 months
3. Marketing strategy
5.1. Segmentation, Targeting, Positioning
SEGMENTATION
b. Demographics:
TARGETING
Sakuko's launch new product campaign will use the "Focus Targeting Strategy". Choosing a
focus strategy will make it easier for Sakukko to focus on a specific group of customers on a
large market. Besides, Sakuko can create all suitable strategies and attract that customer group as
well as improve product quality. As for the new product "edible mushroom", Sakuko mainly
targets the potential market of housewives and women who like to cook with low to moderate
income, with the desire to bring a meal "delicious - healthy - clean" for the family.
POSITIONING
On the currently market, Sakuko will have to compete with two competitors sale edible
mushrooms are Homefarm and BigC.
First of all, BigC's mushroom product costs only from 13,000 VND to 70,000 VND, but the
supermarket does not pay attention to the origin of the food, making the mushroom product
make a bad impression on consumers as "mushroom of unknown original" (Linh, 2014).
Secondly, for the Homefarm imported food store, the mushrooms are clean, clearly sourced from
Vietnam and Korea (Homefarm, n.d.). Besides fresh mushrooms, Homefarm also provides
customers with products such as mushroom hot pot sauce, mushroom cream sauce with prices
ranging from 20,000 VND to 65,000 VND.
For Sakuko, the supermarket chain has been present for more than ten years in the Vietnamese
market with a reputation for quality and products of clear origin. Therefore, Sakuko's mushroom
products will be comparable in price, but superior in quality to the competition. Besides,
Sakuko's edible mushroom products will be more diversified and will be a competitive
advantage compared to Homefarm and BigC.
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HIGH PRICE
SAKUKO
VIETNAM
LOW QUALITY
HIGH QUALITY
HOMEFARM
BIGC
LOW PRICE
2.2. Marketing mix are used by Sakuko when launching new product
Factors Contents
To compete with competitors in the market, the price strategy of Home Food
Price products should range from 200.000 VND to 400.000 VND for Dong Co
mushrooms and the rest mushroom ranges from 20.000-90.000 VND.
Sakuko will display at the store and distribute directly to franchise agents and
Place
retailers a small amount to gradually approach customers.
Sakuko may continue to use promotional strategies that the company is
implementing such as running ads on the website and product discounts and
Promotions
giveaways. Besides, the company can increase website traffic to search for
products by free shipping for online orders.
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Because they are new products, special attention should be paid to the product
Physical
packaging procedure in order to provide the greatest possible impression to
evidence
buyers.
Because mushroom products are new products, it is necessary to have staff who
understand the advantages and disadvantages of the product to advise customers.
People
In addition, there are order taking staff and warehouse staff to check the source
of goods to apply promotions.
Products will be tested before being officially sold. After selling, will follow up
Process
customer feedback and improve products and services.
4. Action programs
Mushrooms are purchased from farms and processed at factories in Japan. Mushrooms grown
completely organic (no chemicals, no pesticides, no growth agents). After harvesting, the
mushrooms are transported to the factory, preliminarily processed and processed into mushroom
porridge, mushroom rolls, and mushroom rolls, ensuring that the minerals and vitamins
contained in the mushrooms are preserved after packaging. Mushrooms will be processed in a
factory according to the production line, the groups of workers will be in charge of each step
from preliminary processing, processing, testing, and packaging.
Besides, the packaging will be designed based on the target market segment. Because they are
housewives who love to cook, they will be attractive by the simplicity but still eye-catching.
Because it is an imported product, it is necessary to print the expiry date and production date as
well as the way to preserve it clearly, so that consumers can rest assured when choosing. Sakuko
may use a value-added pricing campaign to use quality to raise the price of a product.
In addition, for customers who are mothers, Sakuko will promote advertising in the hours
outside office hours, and mainly Zalo. Because statistics show that people from 25-40 years old
update news on Zalo more than other age groups (Khanh, 2018).
Sakuko also carries out promotional activities at the supermarket to achieve marketing goals by
running ads on the website and offering discounts and freebies with food bills over
300,000VND. Apply free shipping of edible mushrooms when ordering online to increase the
number of customers visiting the website. Sakuko will offer a 50% discount for employees to
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receive feedback from their experience and organize a mushroom product launch event with a
wide variety of mushroom products, "cheap but quality" "nutritious – friendly to the
environment” to attract consumers to experience edible mushroom products.
5. Budget
Contents Budget (VND)
PR 50.000.000
Production 300.000.000
Phase 3
Transfer 150.000.000
6. Controls
Controlling the flow of marketing channels through KPIs is essential. KPIs performance
measurements are essential for tracking your capital spent on drawing client attention to
marketing platform. (Camilleri, 2017).
For Sakuko's new product launch campaign in the market: Tracking KPIs will help supermarkets
determine which forms of advertising attract more customers as well as consumers decide to buy
directly at the store or more websites. To ensure that the activities are on track and achieve the
set goals, it is necessary to control and analyze the number of visitors to the Sakuko website
(time, duration, most searched). Monitor customer feedback to improve the quality of the
supermarket's products and services
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II. Media plan
A media plan outlines the kind of content you'll generate, as well as where and how you'll
distribute it, in order to best engage and convert your target audience. Some media strategies are
designed to support broader organizational goals and campaigns, using pre-approved language
and content (Baker, 2021). Based on the marketing plan in task 1, the media plan will be built to
reach customers in the maximum way, helping Sakuko achieve marketing goals as well as the
supermarket's overall goals.
2. Target audience
The target group Sakuko targets are women, aged 22-45 (married or not), who love to cook and
like Japanese products. There are 2 specific examples of target customers that Sakuko will reach
through the media plan
*Buyer personas:
- Nguyen Ha Linh, female, 24 years old and working as an accountant at a garment company in
Hanoi. She is a single girl with a passion for cooking. Income 10 million/month, tend to eat
organic food and prefer Japanese products
- Bui Thu Hien, female, 35 years old, married and has 2 children. Currently a teacher, income
20 million/month. She very interested in family health, so she prefers organic food. She like to
eat at home with family and she will be vegetarian on the 1st and 15th of every lunar month.
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The desire of customers is always quality products, clear origin. Consumers have concerns when
buying imported goods that are counterfeit goods of unknown origin.
3. Communication channels
Choosing a channel to promote a product is extremely important in a communication campaign.
According to Haward (2019), to optimize the communication campaign, it is necessary to combine 3
types of channels: Paid, owned and earned. However, with limited economic potential, Sakuko should
only approach target customers through 2 forms online and offline.
Online Offline
4. Types of contents
Most people spend more than 2 hours a day on social media. That makes social media an ideal place to
promote products. In order for consumers to have insight into the market, Sakuko needs to convey
information to arouse customers' interest and desires. Information will include: Images, Pricing, Product
benefits and promotions (Statler, n.d). For Sakuko and edible mushrooms, the message is given to
customers: "Clean, quality edible mushrooms, delicious meals for Vietnamese families". Because
advertising on facebook and Zalo should be attractive and different from normal ads. For example,
boomerang effects can be used to record videos to create GIFs, a hot trending application to refresh the
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form and content of messages brought to customers. In addition, edible mushroom products can appear
in culinary programs such as MasterChef, mother's rice, etc with Sakuko as the sponsor. Besides, hiring
some food reviewers the real experience of eating mushrooms
5. Timeline
W W
W1 W2 W3 W4 W6 W7 W8 W10 W11 W12
5 9
Sponsor for TV
Ads on social media shows about culinary
Communication programs Food reviewers, vlog
Task
Viral clip: "Clean,
Ads on social media
quality edible
mushrooms, delicious
Send text massage for
meals for Vietnamese PR, Articles
families".
customer
6. Budget
Category Amount Description
Booking
Channel Influencer:
Food reviewers 250.000.000
3 food reviewer: 1 facebook, 1 Zalo, 1 tiktok
Advertising 780.000.000
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Marketing offline 200.000.000 Leaflets, flyer….
Total: 1.740.000.000
- Quantity: the number of people visiting Sakuko website, the number of customers searching for
"mushrooms", the number of followers after the marketing campaign, the number of customers
coming to the store
- Quality: Customers have positive feedback about the viral clip, Consumers promote the
product to their loved ones after experiencing the product.
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CONCLUSION
This report outlines the marketing and communication plans for Sakuko's new product "edible
mushroom". At the same time, it also points out the potential market and target customers. From
there, the effectiveness of the marketing campaign can be assessed through the criteria of
quantity and quality.
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REFERENCE LIST
19
13. Crowe Vietnam new (2020) Retrieved 5 December 2021 from
https://www.crowe.com/vn/vi-vn/insights/doing-business-in-vietnam/doing-business-in-
vietnam-2020/why-invest-in-vietnam
14. Ha Linh (2014). Retrieved 5 December 2021 from
https://www.doisongphapluat.com/nhung-lum-xum-cua-he-thong-sieu-thi-big-c-
a25487.html
15. Blog public (2020) Retrieved 5 December 2021 from
https://blog.hubspot.com/marketing/media-planning
16. BLOG publication (2020) Retrieved 7 December 2021 from
https://www.postplanner.com/blog/types-of-social-media-content#product-promotion
17. Statler, J (n.d). Retrieved 7 December 2021 from
https://www.investopedia.com/terms/m/marketing-campaign.asp
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