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Cedric Car Parts Shop

Marketing Plan
Table of Contents
Strategic
Plan & Focus Situation Analysis
01 • Mission 02 • 7S Internal
• Vision • PESTLE External
• Objectives • SWOT Analysis
• TOWS Analysis

Market Marketing Program,


Product-Focus Strategy, & Tactics
03 • Marketing 04 • Marketing Mix
Segmentation - Product
• Target Market - Price
• Product - Place
Positioning - Promotion
Executive
Summary
Cedric Car Part Shop assisted in the development of this
marketing strategy. The first portion begins with an
introduction to the company’s history, firm, and products.
They informed us about their objectives, how they keep their
business consistent and what they hope to accomplish in the
next few years. We were able to discover the seven elements
using the 7s Analysis, and some assessments and
recommendations for the firm’s operation. The PEST Analysis
is the next step followed by SWOT and TOWS Analysis.
Furthermore, the company’s market segmentation, target
market, and product positioning sections has been discussed
and its marketing mix which is the combination of factors that
affect how the business provides items, their quality, prices,
discounts, how they operate, and where they operate. The
references section contains articles that assisted us in better
understanding the marketing strategy. Finally, the appendices
include photographs of the establishment as well as survey
questions that were employed in the development of the
marketing plan.
Introduction
An automotive spare parts and accessories business, Cedric Car Part
Shop was established in 1996 with a capital of Php 350,000 and has
been in service for 25 years. The small business is located in Piela
Sampaloc 3, City of Dasmarinas, Cavite. Ever since, the owners have
been passionate about cars and that also includes maintenance of
vehicles – this motivation led them to establish a small business which
in time has grown and given them profit. Because of the excellent
service of the business, they were able to expand and already have
another one branch located in Sabutan, Silang, Cavite.
01
Strategic Plan & Focus
Cedric Car Parts Shop’s
Mission, Vision and Objectives
Strategic Plan & Focus

Mission Vision Objectives


“To give the best quality “To establish a 1. To establish a strong
commanding presence in market presence in
and services the
Cavite
customer always the market and to give a
2. To earn good financial
wanted.” good quality service over returns for its owners
the years.” 3. To delight customer with
high quality automotive
part and services; and
4. To make employees earn
with benefits and good
relationship within the
business
02
Situation Analysis
7S Internal, PESTLE External,
SWOT and TOWS Analysis
7S Internal
• Always make sure the products don’t have defect before selling.
01. Strategy • Ensure customer’s satisfaction is always met whether in products or
services.
• Competitive pressure – selling the products at the right price and
offers discounts to get the trust of customers.

• Owners of the shop values modesty and commitment in the job.


02. Structure • The shop has different departments such as inventory, finance
which collaborate with each other in order for the operations to run
smoothly.

• Usual weekdays operation: from opening the store, cleaning the


03. Systems products and machines. Checking of inquiries, tallying the sales,
doing the inventory, and cleaning the shop before closing.
• On Sundays: the shop always does general cleaning.
• Interactive with questions from customers.
7S Internal

• Employees are well-disciplined and hardworking.


04. Shared Values • Owner treats employees as part of the family and make sure they
are in a good condition to work.
• They immediately entertain and assess client’s requests and do the
very best to deliver great customer service.

• Checking employees’ day after work.


05. Style • Giving free food to employees.
• Collaborating and supporting one another.
• The shop manages the business by properly organizing all the pans
and time before and after the day.
7S Internal
• Consists of cashier, the person in-charge, and the labor for services.
06. Staff • People who manage the finance and other departments came from
the family.
• In labor, two people have experiences in automotive – they are
skilled and knowledgeable in parts of cars.
• Another qualification: diligent, disciplined, committee and punctual.

• In a span of 25 years, the shop has always been the top provider of
07. Skills automotive parts and services within the area.
• Employees knows how mechanics and electrical works.
• Commitment is a must to get employed in the shop.
• Even with great performance, the shop is not complacent, they
continue to assess their employees on how they do in the work.
PESTLE External
Political
01 • Any political activities have no impact on how
the business manage. Also, there is no current
or pending legislation or law that could affect
the business.

02 • Economic
The demand stayed the same. 03 Socio-Cultural
• In the beginning of the • The age, population growth rate, religious beliefs,
pandemic, the demand gender norms, class structures, internet usage
decreased as people having patterns, conventions and beliefs, and lifestyle
financial problems. choices affect customer’s preferences.
• As the shop has been operating 25 years, the
recommendation and social relationship could affect
the preference of customers.
• Changes in demographics and values has a
possibility for fewer customers.
PESTLE External
04 Technology
• Machine is a tire changer that aids tire
technicians in dismounting and remounting
tires on vehicles. With this new technology,
the performance could increase resulted to
more satisfied customers, effective service,
and more income.

Legal
05 • Changes in laws and regulations has no impact in the shop.

06 Environmental
• Stress environment affects the operation of the shop.
• Another is pollution when recycling betteries –
recycling old batteries reduces waste and reduces the
need to use new raw materials and components.
SWOT Analysis
Strengths
1. Has always been the area’s leading
supplier of automotive parts and 7. Effectively communicates the
services. business and its product to the
target market.
2. Proprietor has a strong desire to
start a business because of his 8. All personnel are well-disciplined
passion for automobiles. and dedicated to their jobs.

3. Specializes in high-quality auto 9. Values comfortabilty and the


accessories and parts. trust of their customers.

4. Provides excellent service. 10. Establishes a strong market


presence.
5. Provides the best quality products
in an affordable price. 11. Earns good financial returns for
its owners.
6. Has been able to extend and grow
another location. 12. Makes employees earn with
benefits and good relationships
within business.
SWOT Analysis
Weaknesses

1. Competitive pressure of 6. Limited distribution


employees/workers
7. The dependent growth rate
2. Lack of employees/workers
8. Power of bargaining
3. Limited financial resources
9. Lack of product differentiation
4. Poor marketing skills
10. Lack of machineries.
5. Social relationships affect the
preference of customers
SWOT Analysis
Opportunities

1. Evolving industry that can use to 7. A designing and accessories


sustain good qualitty of products. business is the trending
automobile business now.
2. Constant product innovation.
8. Make an alliance. It might be
3. Developing techniques to better for those people who have
promote product using technology the same interest in the business.
and social media.
9. Women drivers are increasing. It
4. Changing life-style of consumer. might help if a person has an
interest in automobile
5. Market expansion such as car maintenance.
wash. The location has a lot of
drives that pass by the shop. 10. Complacent rival firms. They
are well-known around the area as
6.Become battery dealer to a shop of car parts.
another shop.
SWOT Analysis
Threats

1. Automobile rising competition 7. People chose to use bicycle and


motorcycle than cars because of
2. Number of best-selling betteries heavy traffic.
besides Motolite and Yokohama
8. High cost production due to
3. Different consumer preferences inflation.

4. Inactive economy 9. Unavailability of skilled labor


due to pandemic as people are
5. Rising technology such as smart getting sick.
vehicle and electrical vehicle.
10. Unstable government policies
6. Competitors afford to purchase due to rising active cases of
advanced machines to repair cars. Corona virus which cause people
to stay at home.
TOWS Analysis
Strength and Opportunities (SO)

S2 – The proprietor has a strong desire to


start a business because of his passion
S1 – The shop has always been the for automobiles.
area’s leading supplier of automotive O8 – Make an alliance.
parts and services. Strategy: Birds with the same feather
O6 – Become battery dealer to another flock together. Show eagerness in your
shop. business to attract people with the same
Strategy: Since the shop has been goal and interest in the business.
operating for a long time and is leading
in supplying automotive parts/services,
it is likely that they are well-known in
the area
TOWS Analysis
S6 – The shop has been able to extend and
grow another location.
O5 – Market expansion such as car wash. The
location has a lot of drives that pass by the
Strength and Opportunities (SO) shop.
Strategy: Use the capability of extending
business by looking at a place who has more
S5 – The shop provides the best quality
potential consumers of the Car part shop
products with an adequate price that
such as establishing car wash.
customers can afford and suits what the
business offers.
O4 – Changing life-style of consumer. S7 – The shop effectively communicates the
Strategy: Maintain on offering quaity business and its product to the target market.
product to the customer to trust the O9 – Womens drivers are increasing.
business. This will also make them safe Strategy: Do a marketing strategy like
and comfortable while using the promoting business on posters or social
product. media showing the capability of women about
cars, this will attract them to the business.
TOWS Analysis
Strengths and Threats (ST)

S1 - Cedric Car Parts


Shop has always been
the area's leading S4 – Cedric Car Parts Shop provides excellent service.
supplier of automotive T6 – Competitors afford to purchase advanced machines
parts and services. to repair cars.
T1 - Automobile rising Strategy – Have a team who can do door to door labor for
the customer to show them how convenient the shop is.
competition
T2 - Numbers of best-
selling batteries besides S6 – Cedric Car Parts Shop has been able to extend and
grow another location.
motolite and yokohama
T10 – Unstable government policies due to rising active
Strategy – Double the
cases of coronavirus which cause people to stay at home.
effort on offering Strategy – Do have an Online shop where consumers can
quality products to the order what they want this will help the shop to continue its
consumer while being activities while we’re on pandemic.
connected with them.
TOWS Analysis

Strengths and Threats (ST)

S7 – Cedric Car Parts Shop effectively S8 – All of the personnel are well-disciplined
communicates the business and its and dedicated to their jobs.
product to the target market. T9 – Unavailability of skilled labor or workers
T3 – Different of consumer preferences due to pandemic because people are
Strategy – Try to have some fliers severely getting sick.
consisting of different design of product Strategy – Provide a list of contacts of
or Have some survey/online survey for employees who can work part time for the
your consumer about their product shop in case the original workers are not
preference to know what the customer available. Make sure that the part timers has
demands. experience in automotive.
TOWS Analysis
Weaknesses and Opportunities (WO)

W2 – Lack of employees/workers
O5 – Market expansion such as car
W1 – Competitive pressure wash. The location has a lot of
O2 – Constant product innovation drives that pass by the shop.
Strategy – Keep on innovating Strategy – Expanding the business
products to maintain the quality means more job opportunities to
and advancement of the business make profit. Hire skilled workers or
this will help to have the trust and labor that will handle the
loyalty of the consumer. operations of the car wash area.
TOWS Analysis
Weaknesses and Opportunities (WO)

W4 – Poor marketing skills


O3 – Developing techniques to promote product using technology and social media
O10 – Complacent rival firms. They are well known around the area as a shop of car parts.
Strategy – They are well established around the area because of excellent service for 25 years,
however creating social media pages and other things that can be made on the internet to
promote the business and its products/services would be an advantage for the business.

W5 – Social relationships affect the preference of customers.


O7 – A designing and accessories business is the trending automobile business now and most
of the youth are passionate towards remodeling their cars and are ready to spend some real
cash on it.
Strategy – Be informed about the latest design of accessories and follow what is trending in
auto especially on your location and on the internet.
TOWS Analysis
Weaknesses and Opportunities (WO)

W9 – Lack of product differentiation W10 – Lack of machineries


O1 – Evolving industry that can use O2 – Constant product innovation
to sustain good quality of products Strategy – To be able to stay in
O2 – Constant product innovation the competitive market, the shop
Strategy – Invest in innovation of has to provide new machineries to
ordering new products that are improve the service and serve
latest or in demand to keep more customers.
customers attracted.
TOWS Analysis
Weaknesses and Threats (WT)
W1 – Competitive pressure
W3 – Limited of financial resources
W9 – Lack of product differentiation
T7 – People chose to use bicycle and motorcycle
than cars because of heavy traffic and the virus
W1 – Competitive pressure
Strategy – Establishing a business is a risk and
W4 – Poor marketing skills
continuous operation is a risk. Since
T1 – Automobile rising
bicycles/motorcycles are in demand because of the
competition
virus and traffic the shop can start investing in
Strategy – Start creating
bicycles since these are less expensive than
some attractive advertising
motorcycles and if profit comes then that would be
on social media to have a
the time to invest more. The shop is widely known
unique impression on your
and trusted so customers will choose to buy there
business.
than other shops, investing in different products
would make the business more interesting for the
customers.
TOWS Analysis
Weaknesses and Threats (WT)

W5 – Social relationships affect the preference of customers


T3 – Different of consumer preferences
Strategy – Always ensure that your customers are heard and feel comfortable in your
business. Gain their trust and loyalty by providing them good customer service and labor
which they could recommend your business to their friends. Another is to go with the flow,
monitor what is trending and analyze how to attract consumers by offering different designs
on products.

W6 – Limited distribution
T10 – Unstable government policies due to rising active cases of coronavirus which cause
people to stay at home.
Strategy – Have an online shop where you can sell the product, in this case the distribution
of the product will be widened and also it is useful now in a pandemic.
03
Market Product-Focus
Marketing Segmentation, Target
Market, and Product Positioning
Marketing Segmentation
1. Needs and Wants

Motolite and Yokohama Car Tires


Batteries

- Motolite was a famous car battery - Contain tectile cor ply, inner
while Yokohama batteries are prices liner, and sidewall, etc. In this
significantly lower than imported automobile parts, it includes 3
brands across segments, from the or more component needs
entry-level to premium variants. segment.

- With the needs and wants and


satisfaction of consumer, it’s their
choice what is the best battery for the
car.
Marketing Segmentation

VARIABLES SEGMENTATION PRODUCT

Location Urban- which located in Cedric Car parts shop serving and selling
Dasmarinas City automobile parts in this area which
consists of a number of population.

Another branch was located in the


Municipality area of Silang. The business
sells automobile parts and services
Suburban- Another knowing that this area has a lot of people
branch of the business using cars and other travelers going to
was located at Silang another town.
Cavite
Marketing Segmentation
3. Demographic Segmentation

VARIABLE SEGMENTATION PRODUCT DESCRIPTION

Age Teenager- beginner A person with age 18 and above is allowed to


Middle Ages drive. With age monitoring, the business can
Senior Citizen or arise and earn profit due to the fact that a
Retiree person with an automobile can now buy
services in the business.

Gender Male, Female, LGBT There is no option when it comes to gender


identity. All genders can drive and buy services
in the business.

Income Professionals, People who have different professions such as


executive, broad, drivers and other workers that earn an average
etc. income can buy services and automobile parts
in the business.
Marketing Segmentation
4. Psychographics Segmentation

Psychographic Segmentation Description


cluster Variables

Personal Interests Travel and Sports A person with an interest in driving to go


travel and sport is part of the business
target consumer.
Marketing Segmentation
5. Behavioral Segmentation

Variables Segmentation Product description

Purchase Regular, Occasional Cedric shops specialize in serving the regular or


frequency frequent consumer travelers segment like
businessmen, professionals, etc. instead of
consumers who are the occasional user.

Usage rate Heavy user, the The shop has specialized products or services
medium user, or to those heavy users, while regular users offer a
light user product that is occasionally purchased.

Loyalty Absolute, strong, A consumer with loyal status such as the


Status Medium, Small absolute-to small offering a set of different
benefits.
Target Market
The automotive battery market can be divided into 4
categories based on application of consumer preferences and
type of motive: two/three-wheeler batteries, car and light van
batteries, heavy motor vehicle (HMV) batteries, and electric or
hybrid vehicle batteries.

The shop targets those consumers who are eligible to drive,


people with cars and people who can afford to buy products and
services.

Product Positioning
Cedric Car Parts Shop exercises to give a good quality of
product and maintain good services to consumers and
relationships.
04
Marketing Program, Strategy, &
Tactics
Marketing Mix
(Product, Price, Place, Promotion)
Product Price
Cedric Car Part Shop sells best-
quality car accessories and auto The company offers best quality
spare parts such as car tires, products with an adequate price that
batteries, interior, tire seal, and customers can afford. The following
many more which are stored are the list price of their product:
and supplied from San Pedro, 1. Battery (Motolite, Yokohama) -
Laguna. ranges from Php 2,000 to Php 10,000
2. Tire - ranges from Php 700 to Php
When it comes to the 5,000
packaging of the products, 3. Interior - Php 200
4. Tire Steal - Php 150
Cedrick Car Part Shop is in-
charge of using the right Marketing
packaging material. Usually, the Cedrick Car Part Shop using Value
business uses a box with
protective packaging material
Mix (4Ps) Price Strategy which offers high-
quality products with more value of
money.

Place Promotion
Cedric Car Part Shop is The shop uses different kinds
located in Piela Sampaloc 3, City of advertising like personal
of Dasmariñas, Cavite and also selling, sales promotion, and
has another branch at Sabutan, direct marketing strategy
Silang, Cavite.
Thank You!
References

https://www.investopedia.com/terms/p/pest-analysis.asp

https://taxacctgcenter.ph/rmc-60-2020-registration-tax-compliance-o
nline-sellers-philppines/

https://www.autobatteries.com/en-us/installation-and-recycling/batte
ry-recycling
Appendices

Pictures of the Shop


Pictures of Survey Questionnaire
Pictures of Survey Questionnaire

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