Professional Documents
Culture Documents
Marketing Plan - 2
Marketing Plan - 2
Part B (SWOT)
Lâm Hoàng Hùng Part D (Positioning) 100%
Part E (Product)
Part F
Phạm Quang Huy Part E (Place) 100%
Making PowerPoint
Part A
Lê Hoàng Dũng Part D (Segmentation) 100%
Part G
TABLE OF CONTENTS
EXECUTIVE SUMMARY ........................................................................... 1
A. Introduction of company ........................................................................ 2
1. Company history .................................................................................. 2
2. Company's business ............................................................................. 3
B. Developing new product ........................................................................ 3
1. Microenvironment analysis ................................................................. 3
2. Macro Environment analysis ............................................................... 8
3. SWOT Analysis ................................................................................... 9
C. Financial and marketing objectives ...................................................... 10
1. Financial objective ............................................................................. 10
2. Marketing objective ........................................................................... 10
D. Marketing strategy................................................................................ 10
1. Segmentation ..................................................................................... 10
2. Target market: .................................................................................... 11
3. Positioning ......................................................................................... 12
E. Marketing tactics .................................................................................. 13
1. Product ............................................................................................... 13
2. Price ................................................................................................... 15
3. Place ................................................................................................... 16
4. Promotion........................................................................................... 17
F. Financle projections ............................................................................. 19
G. Implementation Controls ...................................................................... 20
REFERENCE .............................................................................................. 22
TABLE AND FIGURES
Table B.1: Competitive frame of reference ........................................................... 5
Table B.2: 4Ps of Canifa ........................................................................................ 6
Table B.3: 4Ps of Uniqlo ........................................................................................ 7
Tables B.4: 4Ps of LIME ORANGE ...................................................................... 7
Table B.5: Competior map ..................................................................................... 8
Table B.6: SWOT analysis ................................................................................... 10
Table D.1: Target market ..................................................................................... 11
Table D.2: Positioning map.................................................................................. 13
Figures E.1: Design of B.A.M ............................................................................. 13
Table E.2: Size ..................................................................................................... 14
Figures E.3: Packaging......................................................................................... 15
Table E.4: Cost of Raw materials ........................................................................ 15
Table E.5: Operating costs ................................................................................... 16
Table E.6: Competitor’s price .............................................................................. 16
Figures E.8: VNExpress Marthon Sparking Quy Nhon 2023.............................. 18
Figures E.9: The Open Run 2023 ......................................................................... 18
Figures E.10: Vietnam Environment Projection Fund ......................................... 18
Table G.1: Marketing plan ................................................................................... 21
EXECUTIVE SUMMARY
Sun Projection Jacket is one of the fashion products that are interested and favored
by consumers in the summer. With sun protection, high aesthetics, this product has
a strong potential for growth in the fashion market. This essay focuses on
researching the marketing plan of WISE “B.A.M – Bamboo Anti UV Mission”
Sun Protection Jacket Collection.
WISE is a fashion brand founded by 5 young people in 2021. After 2 years of
operation, it has a certain position in the minds of customers with products made
of bamboo and environmentally friendly fabrics. We always act with the goal of
bringing Vietnamese fashion products with good materials, good service, and
environmental friendliness to customers in Vietnam and around the world”.
customers' information about Vietnamese products, made by Vietnamese people.
Vietnam is a tropical country with frequent hot weather. Therefore, a sun
protection jacket is an indispensable item when going out. However, most sun
protection outerwear on the market today are made of artificial materials, which
are not environmentally friendly. And that's why, WISE launches a collection of
B.A.M sun protection jackets in the summer of 2023. With stylish, dynamic
designs, environmentally friendly materials and the ability to resist 98% of UV
rays, meets UPF 50+ standards, high ventilation and coolness to keep you
protected. your skin and health.
WISE plans to market 3,000 products in the collection of sun projection jacket
"B.A.M - Bamboo Anti UV Mission". We mainly focus on customers who are
looking for quality products with average prices, who aim to protect the
environment. WISE will promote tradition on all social networks and Websites.
WISE believes that with product quality as well as communication and advertising
plans, the collection "B.A.M Bamboo Fabric Sun Protection Jacket " will achieve
great success in the Vietnamese market.
1
A. Introduction of company
1. Company history
We are students from different provinces coming to Ho Chi Minh City to study, with
the desire to protect the environment and a passion for fashion. We decided to do our
research and research to create products that are safe for health, environmentally
friendly, and affordable. And from there, the WISE brand was born.
WISE is a combination of 4 elements:
W: Wisdom
I: Innovation
S: Sustainability
E: Eco-friendliness.
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Team spirit and cooperation: the ability to cooperate with others when
working in a team.
WISE'S VISION: Bringing the best of Vietnam to the world and bringing the best of
the world to Vietnam.
2. Company's business
WISE emphasizes minimalism, sustainability, and product quality. Therefore, the
products WISE provides to the market are the best and safest products. Bamboo fiber
fabric is the main ingredient of the product. The above factors help our brand create an
impression in customers' minds, giving consumers new and diverse experiences.
List of items:
The main product of 2023: “B.A.M Sun Protection Jacket”
Shirt (Tee, Polo, Shirt,...)
Accessories (Bags, Wallets, Hats,...)
⇒ WISE has a particular place in customers' minds regarding product quality and
customer service.
FINANCE
3
Cost or availability of capital: VND 10 billion
Cash flow: Data collected at the end of 2022
When? : Product promotion start date: expected to market in mid-April. During this time,
the climate will be continuously hot and humid, so the company will conduct strong
marketing because customers will have a high demand for Sun Protection Jacket.
4
Where?: Products are sold on WISE website and all e-commerce platforms.
Why?:
Sun Protection Jacket using bamboo fiber fabric have outstanding features
over other materials such as cotton, spandex, and polyester, with skin-
friendly, environmental protection, softness, fast absorption, deodorant,
and antibacterial.
Production is based on two criteria: quality and fashion.
Diverse in color, suitable for the fashion needs of many people.
Who?: Potential customers include men and women, especially those who often go out.
All age categories and genders
People with middle and high income are mainly.
Bring the satisfaction of a Sun Protection Jacket with full features (good
sun protection, health safety, environmental protection, high durability,
comfortable wearing feeling) at a reasonable price.
Competitor Analysis
PRODUCT PRICE
-With the slogan "Fashion for all", Canifa -As a garment brand targeting the popular
targets customers of all ages, regardless of market, Canifa's products have an average
gender. Therefore, at present, Canifa's price of VND 200,000 - 700,000/product.
product lines are divided into 4 main
categories: men, women, boys and girls. -Psychological pricing strategy: according
In addition, the differentiation is also to the “9-digit effect”,
shown in the product material. If in winter, -Accordingly, Canifa's products are also
products from Canifa stand out with divided according to each selling price
woolen materials and fabric coats, in such as VND 99,000, VND 149,000, VND
summer, users can choose to buy 199,000, VND 249,000…
dynamic, youthful T-shirts, or cool khaki
fabrics.
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-In terms of quality, Canifa establishes a
system of international quality standards
applied to all quality management and
control processes from the selection of
raw materials to the design and production
stages (Oeko-tex, Cotton). USA,
Woolmark,…).
PLACE PROMOTION
Regarding the distribution system, Canifa -Advertising: This brand advertises its
expands its distribution system to help products on TV channels with a large
customers access its products in the number of viewers such as VTV1, VTV3,
easiest and most convenient way. The …
products of this brand have built a system
of 110 stores nationwide. -Program sponsorship: This can be said to
be a smart move of Canifa when it
sponsors a series of programs such as
Vietnam's Next Top Model, Cotton
USA™ Fashion Design Contest, Project
Runway Vietnam... is all about the field of
fashion, through which Canifa not only
increases its recognition but also wants
customers to refer to Canifa when it comes
to fashion.
-Promotion: The company implements
many customer appreciation programs
such as seasonal product discounts, or
special holidays.
PRODUCT PRICE
As a leading line of clothing and apparel, Uniqlo is a mid-range and affordable
with a strong market presence, high product. Low competitive prices help
quality casual clothing. Uniqlo has a Uniqlo set itself apart from the
diverse product portfolio in its marketing competition through the quality of its very
and caters to all age groups and genders. good products and attract the average
consumer as well as the savvy shopper,
with numerous promotions.
PLACE PROMOTION
Sold through its special stores in most Sold through its special stores in most
major cities worldwide. In addition, it also major cities worldwide. In addition, it also
sells online through its own website and sells online through its own website and
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app. Uniqlo also maintains optimal app. Uniqlo also maintains optimal
inventory levels and releases any needed inventory levels and releases any needed
inventory at promotional prices. inventory at promotional prices.
LIME ORANGE
PRODUCT PRICE
- Sun protection jacket brand from The target customers that the brand wants
Korea. Dynamic youthful style with bright to target are dynamic young people who
colors. love to explore, so Lime Orange's
products range in price from VND
-Wide-form parachute water-skiing jacket 259,000 - 399,000.
with water-repellent and wind-resistant
features, improved from previous
parachute jackets, wide form, ultra-light
mesh lining and other convenient features.
-High-grade zipper, zipper with special
feature "stopping function" - prevents the
zipper from falling down during use.
-The bag system includes 4 pockets, 2
inner pockets with strong tape and 2 outer
pockets with high-grade zipper.
-The umbrella jacket also has 3 sizes for
customers to easily choose.
PLACE PROMOTION
Lime Orange uses a system of diverse -Returns within 10 days.
distribution channels to help customers
easily buy products: Website, E- -Free shipping.
commerce. And there are 12 stores -Lime Orange regularly has promotions
nationwide. from 20-40%
Tables B.4: 4Ps of LIME ORANGE
7
Table B.5: Competior map
⇒ The large consumption market and increasing per capital income means people will
set higher standards for consumer products in general and fashion products in particular
- good quality, environmentally friendly, and stable prices. “Green fashion” is a potential
industry soon.
Natural
Climate: Vietnam is located in the tropics, with hot sun and high
humidity, which increases the need to use a Sun Protection Jacket daily.
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Materials: Most commonly used in the garment industry today harm the
natural environment. Therefore, WISE uses bamboo to make the product's
material.
⇒ The appearance of "Green fashion" using environmentally friendly fabrics, specifically
bamboo fabrics, will help limit the possibility of pollution and use natural materials in
Vietnam while still ensuring the environment's safety. Product features, as well as many
other outstanding advantages, are a practical and urgent solution.
Cultural
In Vietnam - a tropical country where people use motorbikes as the primary means of
transportation, the large amount of emissions into the environment causes most of the
"greenhouse effect" phenomenon, causing the temperature to become increasingly hot.
Increasingly, radiation and UV rays penetrate more and more directly through the ozone
layer and cause grave danger to consumers' skin. That makes Sun Protection Jacket
products used very popular and preferred than ever.
Technology
Vietnam's fashion industry thrives with superior domestic materials, taking advantage of
a country with substantial agricultural development. Designs are increasingly trendy,
youthful, and beautiful and meet the industry's requirements high consumer demand for
fashion and aesthetics. Many "green fashion" products, specifically those made from
environmentally friendly materials, have been gaining great sympathy in the minds of
consumers for their design, technology, coloring, and functionality.
Legal
Environmental pollution is a matter of global concern, and so is Vietnam.
It is at an alarmingly high level. Vietnam has more than 183 industrial
parks in the country, and more than 60% of industrial parks do not have a
centralized wastewater treatment system. The rapid rate of
industrialization and urbanization, along with the increase in population,
increased pressure on the environment of Vietnam.
Agencies and organizations have tried their best to implement policies and
laws on environmental protection. The government has applied stricter
rules and penalties to those who pollute the environment.
Fashion manufacturers have also taken steps to protect the environment
for this industry, especially the "Green fashion" industry - anticipating
future trends.
3. SWOT Analysis
STRENGTHS WEAKNESSES
-WISE successfully establishes a quality -Compete with many fashion brands in
fashion brand with medium-high prices. the market.
-New products are unique, -WISE is not yet widely known
environmentally friendly, and designed to -The company is still young and needs to
meet current trends. gain experience in production activities.
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-Use the direct-to-customer (D2C) sales
model to reduce product costs.
-24/7 customer service and support.
OPPORTUNITIES THREATS
-The fashion market in Vietnam is -Consumer tastes are constantly
overgrowing, so WISE can take changing.
advantage of this opportunity to expand -Effects of inflation and economic crisis.
the market and increase sales. -Customers always demand high-quality
-The abundant source of raw materials products but go with low prices =>
-We are meeting the tastes of current creating price pressure on businesses.
customers who prefer to use products that -Customers need a better impression of
are good for themselves and the domestic products.
environment.
-Currently, no brand makes Sun
Protection Jackets from bamboo fabric.
1. Financial objective
30% increase in sales compared to 2022
By the end of 2023, expand by 1% market share
Maintain profit growth rate of 20%/month
2. Marketing objective
Increase social media impressions among new target audience by 30% by
the end of spring
WISE website reaches 3 million visits in 2023
Reach 700,000 followers on Tiktok
Increase conversion rate by 3% by increasing website traffic with 3 new
posts per week at the end of the year
Increase customer loyalty: create many discount programs for loyal
customers
D. Marketing strategy
1. Segmentation
Demographic
Customer market: WISE is aimed at customers who appreciate the
quality of the product. And with WISE, customers really understand the
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product they are about to buy and they will easily enjoy it with
excitement.
Age: The product is suitable for all ages
Gender: Unisex
Income: WISE is aimed at customers with medium and high income.
Behavioral
Those who have to move, drive motorbikes often outside in the hot sun.
Have an understanding of environmental issues as well as an interest in
"green fashion".
Focus on personal health, aesthetics, and environmental protection.
Psychographic
Desiring to choose high quality products, average price and less impact on
the environment.
Pay attention to the composition, quality, and creation process of the
product.
Support Vietnamese products and brands.
2. Target market:
People who are often Avoid direct damage from Bamboo fiber fabric has
exposed to the sun. UV rays good absorbency,
Cool material coolness, high
Good sweat absorption antibacterial properties,
eliminates 98% of UV
rays, 0.6% light
penetration, UPF 50++ sun
protection index
People who care about Using environmentally The product contains 95%
environmental protection friendly materials bamboo fiber fabric and
in fashion. Durable 5% spandex fabric to
Good price increase product durability
Estimate selling price is
630,000 VND → suitable
for customers with
medium/high income
Table D.1: Target market
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3. Positioning
PODs:
B.A.M sun protection jacket is a pioneer product in sustainable fashion
development. With the mission of being a green fashion brand, WISE is
always a pioneer in using new environmentally friendly materials and in
its products.
Product material: Different from other sun protection jackets available on
the market with polyester material. WISE products are made of 95% eco-
friendly bamboo fiber and 5% spandex for good stretch.
Sun protection jacket ability of the product: Eliminate 98% of UV rays,
light penetration 0.6%, high sun protection index up to SPS++
Product quality: The product is perfected, checked for errors and removed
all redundant threads. Commitment to each product when it reaches the
customer is the most perfect.
Customer care:
WISE has a professional customer care team 24/7, always listening
and meeting customers' wishes.
Return service: Customers can return products within 10 days and free
shipping.
Product warranty: Lifetime warranty on the zipper of the product.
Besides, WISE also receives warranty for customers in case the
product is damaged during use.
Commitment to accompany environmental protection organizations
POPs
Style: Sun protection jacket s often have the same design
Color: Sun protection jackets will usually have neutral colors like white,
black, gray or bright colors like yellow, purple, green.
Production process: All must comply with environmental and
occupational safety standards
⇒ Brand position built in the mind of customers: WISE brings high
quality, medium price, and environmental friendliness.
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Table D.2: Positioning map
E. Marketing tactics
1. Product
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Core value
Protect skin from UV rays: Natural bamboo fiber fabric is highly UV
resistant, helping users avoid health risks related to sun damage.
Eco-friendly: Bamboo fiber fabric is a renewable and environmentally
friendly resource. It helps to reduce negative impacts on the environment
and, at the same time, helps customers have a more environmentally
friendly spirit.
High strength: Bamboo fiber fabric has high strength and good wrinkle
resistance. Besides, Spandex fabric helps reduce shrinkage during use.
Bamboo fiber Sun Protection Jacket products can be used for a long time
and retain their new and beautiful appearance.
Actual product
Material: The main fabric is made of 95% bamboo fiber fabric, and uses
double spinning technology, which significantly improves the strength and
evenness of the yarn, reduces ruffles, and Blended with 5% spandex yarn
to form a smooth functional fabric with outstanding advantages such as
good absorbency, odor control, and high UV protection.
Design: This fabric is used to design styles and designs of Sun Protection
Jacket according to dynamic, streamlined, fabulous designs, pastel colors
suitable for outdoor activities, hats, and sleeves. Ao dai and the body of
the long dress should cover the wearer's waist, with a logo on the chest.
Use the world's best YKK zipper.
Color: The leading pastel tone, but there are still primary colors like
white, black, and gray.
Size: Freesize
MEASURE
SHOULER WIDTH 36 – 40 cm
SLEEVE LENGTH 60 – 65 cm
CHEST WIDTH 45 – 50 cm
LENGTH OF GRAMENT 65 – 70 cm
Table E.2: Size
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Packaging: The product is designed
in a paper box that simulates the
shape of Vietnamese bamboo tubes
Augmented Product
All products are warranted for 60
days
Lifetime free replacement jacket Figures E.3: Packaging
zippers
Return if the wrong size or manufacturer error is 14 days.
2. Price
WISE uses the D2C (Direct to Customer) sales model, without intermediaries, so the
product price will be 25-40% better than the traditional sales model.
Promotional pricing:
Special event pricing: brand birthday, customer birthday, double day
Special customer pricing: loyalty/silver/gold/diamond
Expressing the brand's ambition, bringing customer's values beyond expectations. WISE
aspires to become one of the leading sustainable fashion brands in Vietnam. Therefore,
we always provide quality products, leading to the "Green Fashion" trend. This is also
something that customers will remember when mentioning WISE.
3. Place
Supply chain model:
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Exclusive distribution: direct distribution to customers through e-commerce platforms
focusing on building and developing online stores with the goal of enhancing the
shopping experience and convenience of customers:
Website
Online business on major e-commerce platforms
→ WISE has full control over the product. Ensure product image and user experience
will also be under control.
Transportation: truck
→ WISE choose Truck because it is only necessary to transport goods from the factory
to the warehouse in District 12 and the quantity is about 3000 pieces. Therefore, the truck
is the most suitable choice.
4. Promotion
Digital marketing
Book KOC/KOL/Influencer
KOL: Combined with people who regularly exercise outdoors,
influential gymers in the field of sports and healthy life: Hana Giang
Anh, Shinphamm, DangBeoo, Tri Phan. Besides, it is possible to
cooperate with Giang, Chau Giang, ... are KOLs who have a healthy
lifestyle and have many activities to protect the environment.
KOC: Send products to KOCs that are suitable for B.A.M (followers
and good interaction, towards green living and environmental
protection) for them to create review videos.
Website development: The web interface that WISE aims to is
"Impressive, Easy to remember and Easy to use".
Regularly update content on the Website: Use tools such as Open
SEO status, Google webmaster tool, Google analytic… to monitor
activity status, visits, URL errors… and have appropriate adjustment
methods.
Run Ads: Expected to reach 10k people through ads on Youube,
Facebook, Instagram, TikTok
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Public Relationship
Running "VNExpress
Marathon Sparking Quy Nhon
2023" - The race takes place in
the middle of a sunny and windy
summer in Quy Nhon, Binh Dinh
Figures E.8: VNExpress Marthon
Sparking Quy Nhon 2023
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Sale Promotion:
Discount: Double day,
Holiday, Flash sale on
e-commerce platforms
Coupons: Wise's birthday,
customer's birthday, 5% off
next order
Gift: Free mask for the first
1000 orders
F. Financial projections
Sales Forecast:
After market research and SWOT analysis of competitors, we realize that users are really
in need of good quality sun protection jackets and converge the characteristics that
B.A.M owns.
We estimate that the number of products sold each month will be approximately 1,000
units. With the price of 630,000/piece, Wise's monthly revenue will be 630,000,000
VND/month.
This level of revenue will vary depending on climate conditions. In times when
consumers are faced with intense hot weather, sales of sun protection jacket will surpass
expectations.
Expense Forecast:
19
Operating cost for 3 months: 492,120,000 VND
→ Therefore, it is expected that within 2 months, WISE will recover its capital and start
making profits
G. Implementation Controls
Website,
Communication Digital Youtube, Facebook, 1M hits on all 50Million
marketing Instagram, Tiktok platforms VND
Promotion Give a gift Free masks for the 1000 pcs 1 million
first 1000 orders VND
20
Loyal 5% off next bill 100 new loyal 5 million
customers customers VND
Assessment of market and customer needs for sun protection: Ensure that
B.A.M sunscreen fully meets the needs and desires of customers
Strengthen marketing activities
Create useful content about the benefits of sunscreen
Advice on how to choose the right sunscreen
Enhance advertising campaigns to increase product awareness
21
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