Documente Academic
Documente Profesional
Documente Cultură
MCA 2013
MARKETING PLAN (COC COMPANY)
NAME
MATRIC ID
1140655
1140666
1140663
1140668
GROUP: TMC3
LECTURERS NAME: DR SYADIYAH BINTI ABDUL SHUKOR
NO
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1.
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DETAILS
Company Description
Product Description
Strategic Focus and Plan
Vision
Mission
Goals
Core Competency and Sustainable
Competitive Advantage
Situation Analysis
SWOT Analysis
Industry Analysis
Competitor Analysis
Company Analysis
Customer Analysis
Market-Product Focus
Marketing and Product Objectives
Target Market
Points of Difference
Positioning
PAGES
Com
pan
y
Marketing Program
Product Strategy
Price Strategy
Promotion Strategy
Place (Distribution) Strategy
Financial Data and Projections
Organization
Implementation Plan
Description
2. Product Description
Our first and main product is rice ball. We choose rice ball because it is a
healthy food. It contains carbohydrate which is rice and protein such as
meat, chicken and seafood. It is also suitable for anyone especially when
they take it as their breakfast. We also provide side products such as soy
bean, tea and coffee.
3. Strategic Focus and Plan
This section covers four aspects of corporate strategy that influence
the marketing plan: the vision, the mission, goals, core competency /
sustainable competitive advantage of COC.
Vision
In 3 years, we will create our brand awareness in our customers mind and
we will expanded our company by opening more new branches all over
Malaysia.
Mission
Our companys mission is to create a high-quality and healthy foods at a
great value.
Goals
Our companys main goals is to be one of the most successful Muslim
fast food outlets in Malaysia.
Nonfinancial goals
1. To create new products in a time given.
2. To help busy customers to save their time even when they are
eating.
3. To help strengthen Islamic economy.
4. COCs branch will be expended at the state level after the state level
is the national level.
Financial goals
1. Every year we plan to increase our profit by more than 20 percent.
2. To maximize profit and minimize loss.
3. By maximizing profit, we can pay the zakat of business to the Zakat
centre.
of
our
rice
balls.
4. Situation Analysis
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SWOT Analysis
In order to achieve the goals, it is necessary to grasp the strengths,
weaknesses, opportunities, and threats of COC in advance. The main
strength of COC is we sell products that are nutritious and healthy
ingredients, it is also a hand-made product suitable for all ages. We also
train our staff before our staff work at the given place. The weaknesses
that we faced are lack of capital and unwell-known product since our
company is a new company. Brand awareness can be built up after the
products of COC are widely recognized by most people. COC holds on
three opportunities. Firstly, as we know rice is necessity food in Malaysia
so that it is very easy to get the supply. One is that more people eat
breakfast outside nowadays because in the busy modern society, most
people do not have much time to make breakfast in the morning. The
take-away breakfast can be a better choice for them. Moreover, we also
faced some threats in our business such as many competitors doing the
same business like us and our customers always change in their tastes
and
preferences.
Figure
shows
COCs
strengths,
weaknesses,
WEAKNESS
Healthy food
affordable price
hand-made
trained staff
have many supplier of rice
OPPORTUNITY
Lack of capital
unwell- known brand
THREAT
Figure 1
Industry Analysis
Nowadays, the fast food restaurants are famous among Malaysian.
There are many fast food restaurants in Malaysia. The substitute products
will limit our ability to raise prices since there is also another fast food.
Powerful buyers have a significant impact on prices, for an example an
organization or individual that orders a big quantity of food from our
company for an event. Powerful suppliers also sometimes demand
premium prices and limit our profit, for an example a big company that
supply most of our supplies request a certain prices, which is a limitation
to our profit.
Competitor Analysis
Most of our competitors are located at Malacca. Our companys
competitor are EeJiBan Chicken Rice Ball, Hoe Kee Chicken Rice Ball,
Chung Wah Chicken Rice Balls, and Famosa Chicken Rice Ball. They sell
chicken rice in the form of rice balls. Many of their advertisements is
through social media and advertisements. Competitors strength is their
product is famous and well-known. Competitors weakness is their high
price.
Customer Analysis
This section will describe the characteristics of customers expected to
buy our rice ball. Our customers are focused to housewife, managers and
students. Our target age is 5 60 years old since it is a healthy food. The
customers can order our food in big quantities if they to do an event. The
customer can also eat our food without doubt since our product is a
Muslim product.
Company Analysis
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5. Market-Product Focus
Marketing and Product Objectives
COCs marketing intent is to take full advantage of its brand potential
while building a base from which other revenue sources can be mined
both in and out of the best food in Malaysia. These are detailed in four
areas below:
Current
state level, and after the state level is the national level.
Food services : Food service sales will included in the production
of the foods
New products: In a given time, new product will be created. For an
example, noodle ball.
Target Markets
Most of Malaysian citizen do not eat breakfast at home, but instead,
they eat breakfast during their journey to their school or workplace.
People who eat breakfast outside mostly ages 20 to 24, followed by 25 to
29 and 30 to 34. In addition, more mothers become working women and
they are too busy to make breakfast, sometimes they bring their children
6. Marketing Program
Product Strategy
For the product line, COC produces four varieties of rice ball. There are
chicken rice ball, meat rice ball, seafood rice ball and vegetable rice ball.
There are also three varieties of drinks such as coffee, tea and soybean. To
customers who want to take-away, we use wrapping paper for the
packaging. We are also printed our brand and slogan at our packaging so
that they can recognize the type of our product.
Price Strategy
The items provided include four varieties of rice balls and three
varieties of drinks. Each rice ball is sold RM1.90. COC will focus on
promoting combos; that are a combination of a rice ball and a drink. The
price for combo rice ball with drinks is RM5.
Promotion Strategy
COC uses sales promotion as our promotion strategy. The purchase for
each combo is our way of promotion to encourage customer to buy more.
The customer get 15% discount for the second purchasing on every
Wednesday. Besides, we use advertisement to promote our product. The
advertisement is via Facebook and Instagram.
155000
155000
RM (YEAR
2)
48980
200000
248980
RM (YEAR
3)
131160
275000
406160
18000
8400
9000
7800
5400
48600
20000
10000
10000
7800
3600
51400
24000
12000
12000
7800
4800
60600
Cost of Packaging
9
Wrapping paper
Cups
Straws
Plastic bags
Other Expenses
Drinks (soya bean,
coffee, tea)
Utilities
Salaries
Costs of Expenses
Net Profit
1200
1200
420
600
3420
1200
1200
420
600
3420
1380
1380
420
600
3780
18000
15000
15000
12000
24000
54000
106020
48980
12000
36000
63000
117820
131160
12000
36000
63000
127380
278780
Year 1
Year 2
Year 3
Figure 3
Figure 2 shows that our income statement for 3 years. In a first year, we
target our cash sale is RM155000. Our raw materials are rice, meat,
chicken and vegetable. In cost of packaging, we have wrapping paper,
cups, straws and plastic bags. In other expense, we have drinks such as
soya bean, coffee, and tea, utilities and salaries. In first year, we spend
about RM48600 for raw material. For cost of packaging is RM3420 and
other expenses are RM52074. Our net profit is RM50906.
In second year, the total cost is RM117820. Then, in our cash sale
we target about RM200000 and our net profit is RM131160. For the next
10
year, our net profit is RM278780 after we deduct our expenses about
RM127380.
COCs net profit appears in figure 3. It shows that our profit is
increasing year by year. With the net profit more than RM130000, we can
surely pay the zakat of business to the Zakat centre.
8. Organization
COC Companys present organization appears below. It shows the
three people reporting to the CEO. Below this level is the full-time
employees of the company.
Boards of
Directors
CEO
MUHAMMAD HATMAN
BIN MUHAMMAD HATTAI
Vice President
Marketing
Director Sales
NUR ATHIRA
ADILLA BT MOHD
NASIR
MUHAMMAD
AMINUR RASYID
BIN ZAMBERI
MUHAMMAD
LUTFI BIN
MOHAMAD
MUHSIN
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9. Implementation Plan
As to achieve our goals for 3 years, we have several implementation plan
such as:
Firstly, new product and recipe will be created depend on the survey of
customer. For an example is new drinks. Next, branches of our company
will be expanded all over the Malaysia. All over Malaysia means at least
one state has one branch COC include Sabah and Sarawak. Size of our
kiosk will be bigger (then change into branches) year by year depends on
place that we do the business. Like have our own lands.
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