prBANKING ACADEMY, HANOI
BTEC HND IN BUSINESS
(ACCOUNTING)
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Unit 4: Marketing Principles
Anka - Marketing Mix
2 of 2 (Group Assignment)
Martin Ortega-Azurduy
To be advised
We, __________________________ hereby confirm that this assignment is my own work and not
copied or plagiarised from any source. I have referenced the sources from which information is
obtained by me for this assignment.
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SO7: MKT A1/1 QCF June 2014
1
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FOR OFFICIAL USE (Course Administrator)
Assignment Received By:
Date:
Unit Outcomes
Internal
Outcome
Evidence for the
Feedback
Assessor’s decision
Verifica
criteria
tion
First
Re-
attempt
work
Understand
the
individual
elements of
Explain how
products are
developed to
sustain
the
competitive
extended
advantage
3.1
marketing
mix
Explain how
3.2
distribution is
LO3
arranged to
provide customer
convenience
SO7: MKT A1/1 QCF June 2014
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Internal
Outcome
Evidence for the
Feedback
Assessor’s decision
Verifica
criteria
tion
Explain how
prices are set to
reflect an
organisation’s
3.3
objectives and
market
conditions
Illustrate how
promotional
activity is
integrated to
3.4
achieve
marketing
objectives
Analyse the
additional
elements of the
3.5
extended
marketing mix
Be able to
use the
Plan marketing
marketing
mixes for two
mix in
different
different
segments in
contexts
consumer
4.1
markets
LO4
Illustrate
4.2
differences in
marketing
products and
services to
businesses
rather than
consumers
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Internal
Outcome
Evidence for the
Feedback
Assessor’s decision
Verifica
criteria
tion
Show how and
why international
marketing differs
4.3
from domestic
marketing.
Merit grades awarded
M1
M2
M3
Distinction grades awarded
D1
D2
D3
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Internal
Outcome
Evidence for the
Feedback
Assessor’s decision
Verifica
criteria
tion
Group Assignment
Well-structured
Not Well-structured
Reference is:
done properly
is not done properly
should be done (if any)
Overall, you’ve:
passed:
all outcomes
3.1 / 3.2 / 3.3 / 3.4 / 3.5 / 4.1 / 4.2 / 4.3
referral:
all outcomes
3.1 / 3.2 / 3.3 / 3.4 / 3.5 / 4.1 / 4.2 / 4.3
Areas for improvement:
DATE
ASSESSOR SIGNATURE
/
/
NAME:
(Oral feedback was also provided)
STUDENT SIGNATURE
SO7: MKT A1/1 QCF June 2014
DATE
/
/
5
Internal
Outcome
Evidence for the
Feedback
Assessor’s decision
Verifica
criteria
tion
NAME :.................................................................................
FOR INTERNAL USE ONLY
VERIFIED
DATE
YES
NO
: .............................................................................
VERIFIED BY : .............................................................................
NAME
: .............................................................................
SO7: MKT A1/1 QCF June 2014
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MARKETING PRICIPLES
Prepared for:
Lecturer: Martin Ortega-Azurduy
Assignment 1: Anka - Marketing Mix
Banking Academy, Hanoi
Prepared by:
Lê Phương Mai – Gina
Nguyễn Thanh Ngọc - Julie
Registration No.: ITP F08-047, F08-055
Table of Contents
I. Introduction...............................................................................................................................9
II. Body..........................................................................................................................................9
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3.1. Explain how products are developed to sustain competitive advantage.................10
3.1.1. Product life cycle.......................................................................................................10
3.1.2. New product development.......................................................................................11
3.1.3. Relation between PLC & NPD:..............................................................................12
3.2. Explain how distribution is arranged to provide customer convenience....................13
3.3. Explain how price are set to reflect an organization’s objectives and market
condition...................................................................................................................................15
3.4. Illustrate how promotional activity is integrated to achieve marketing objective.16
3.5. Analyse the additional elements of the extended marketing mix.............................16
4.1. Plan marketing mixes for two different segments in consumer markets for Anka
milk...........................................................................................................................................18
4.2. Illustrate differences in marketing products and services to businesses rather than
consumers................................................................................................................................20
4.3. Show how and why international marketing differs from domestic marketing........23
III. Conclusion............................................................................................................................28
I. Introduction
ANOVA is a joint-venture company. ANOVA is official on stream in 2003. This company
makes high quality products to meet the demands of ranch and aquaculture. Recently,
ANOVA is the prime manufacturer in Veterinary Medical Technology and maritime products.
Besides, ANOVA standard is recognized by WHO- World Health Organization. (Anova, n.d)
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II. Body
3.1. Explain how products are developed to sustain competitive advantage
3.1.1. Product life cycle
Chart 1: Product life cycle (Deonbotha, n,d)
The product life cycle is the cycle that every product in every business has to go through. So
does ANKA in ANOVA, it has been through 4 stages
Introduction: When ANKA has not yet been popular in market, the turn-over is still low. All
the effort of ANOVA in this period is to concentrate on the development of distribution
Growth: In this stage, Anka has become more popular and it will gain more profit from
selling . However, there are big competitors in the market such as Vinamilk, TH True Milk,
IDP,…Anova usually concentrates on augmenting the emersion of ANKA.
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Vietnam is growing up every day. Therefore, the demand of customer about product will be
higher and higher. To fulfill customer’s needs and wants, Anova needs to develop product’s
quality
Maturity: The trend of turn-over at this stage is stable or maybe decrease because of the
saturation of milk market. This phase is almost reach to the peak of product life cycle. This is
also the stage that the company start thinking about new product or change a different
packaging to impress customer and enhance the professional image.
In this time, the turnover and profits will sharply reduce. To improve this situation, ANOVA
can introduce new product or sell it to others market place. This is the last phase of product
life cycle. To extent its life, Anova can create new product to the replace the former product
which is no longer popular in dairy market. The new product basically has the same function
like the old one but be developed into a new generation. It will achieve better quality and
more attractive design.
3.1.2. New product development
New Product development process
Idea generation and screening: Once ANOVA has its position in the market, ANKA will
also be popular to the customers. To maintain its brand, ANOVA must create new product. By
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making a new product, customer will have more choices. And if it is good and attractive
customers enough, it will get more revenue and profit for the company.
The new product may name “Anka gold”. It will concentrate on the new segment
of the market. The functions of the product therefore will be different from Anka. It is still
formula milk but have some more flavors and new features.
Concept development and Testing:
Anka gold will have new design with the main color is gold show the completely
design of Anka. Moreover, it will have new flavor such as strawberry, cacao. Anka gold helps
children not only be healthier but also add more nutrition and make children more energized,
improve body resistance, make them more active.
“Anka gold” will have to pass all the regulation about hygiene, nutrition and flavor.
Marketing strategy: Anova will release to market a new product. Anova will identify the
different ways to access customer and promote their product.
Business Analysis: The advantage from building this new kind of product is that ANOVA can
enhance their technology in developing new product, widen their range of product and its
image in the market.
Product development: The age that can drink Anka gold is from 1-5 years old. Anka gold
will supply the nutrition that good for children health, develop their height, add more mineral
into their diet and in their daily activities.
Test marketing: It will be tested through the target customer. Anka gold may be sent to some
kinder garden or hospital, super market for children to try. They will try and give out their
opinion about Anka gold’s flavor, the smell, the design. Then Anova will adjust “Anka gold”
until it satisfy the majority.
Commercialization: Anka gold will be advertised through mass media, sent to retailers such
as Big C, Metro, Coop Mart. There will be some promotion to advertise this product like try
first, buy one get one, sale at low prices.
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3.1.3. Relation between PLC & NPD:
Every product will have a life cycle. At different life cycle stage, product requires different
strategies. At the introduction phase, Anova create product that just a basic product. The
profit may be really low or negative, the costumer’s feedback will also very little. When Anka
reaches to the growth phase, product strategy will be more diverse. The sales volume will
increase. This create opportunities for Anova to offer product extensions, create new
customer services that listen to customer’s opinions and bring out new campaign, new project
to ensure customer’s rights and warranty. At maturity, the profit will go down. Anova needs
to diversify their brand and models to attract customer, make some features changes for
Anka. Finally, the decline is the period that product going to an end. Therefore, the profit will
sharply reduce. This is the time that Anova needs to phase out weak items, design new
product that meets customer’s requirements. Anka will develop but it can avoid from being
declined in the market. To satisfy customer’s needs and wants, the company will need to
develop their product or introduce a new product into milk market. This action will keep
Anova’s position still stable in market and show that Anova has lots of choice for customer. If
Anova wants to create successful new product (Anova gold), they have to understand
customer’s requirements, milk market and other competitors. Moreover, they need to develop
Anova gold that deliver superior value to customers. Anova has to careful calculate all the
problems that might occur such as the difficulty in distribution, the small sales volume at the
very first start, the reaction of customer or their competitors’ action.
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3.2. Explain how distribution is arranged to provide customer convenience
Supplier
(Kerrygroup)
a. Supplier
Factory
(KerryGroup)
Distributor
Customer
Nova group has invested over US$50 million in developing modern dairy cattle farms
and product distribution systems in Ireland. Kerry group in Ireland and Nova will
focus on developing a system for tracing product origins – from raw materials to final
product — to ensure their best quality and the safety of children. (Scenario, 2015)
b. Factory (Manufacture)
Anka Milk products will ensure international standards like FDA and Codex,
produced under the control of European standards. Anka milk has made market
research to find the most suitable nutritional ingredients for Vietnamese children.
Then the nutritionists of Kerry group create new product based on information they
get. In addition the product is researched and designed in accordance with the
nutritional needs of children in Vietnam. The nutritionist Kerry was based on
information about child nutrition Vietnam Nutrition Institute to create products that
meet international standards and suitable for the child's state of Vietnam. All
ingredients are fress milk, which are produced entirely in Europe and tranfer the
finished products to Vietnam. (vnexpress, 2014). Therefore, Anova will ensure their
best products quality and the safety of children while using their products.
c. Distributor
The most common way of distributing is to provide products to big retailers such as:
Big C, Metro. Anka needs to make contract with these retailers to keep shelves to
place the products.
Moreover, Anka milk should be placed in the position which easy to see and easy to
reach, put among others milk products. In addition, convience stores such as Shop &
Go, K-store are places where people usually buy products.
Anka milk should build their own retail stores which can provide safe and qualified
products to customers. The store’s facility must built with the modern design and
special interior materials, as well as the upgraded methods in preserving the best
products. Milk is not only preserved carefully under the best conditions but also
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placed neatly on the shelf which is convenient for consumers to find their wanted
goods. Having their own store, customers can be able to choose product easier instead
of finding among many different products in the supermarket. Moreover, these stores
have to be opened in many parts of Vietnam. In big cities like Hanoi and Ho Chi Minh
City, Anka’s stores should be in situated 5 to 10 stores in many crowded streets where
it can attract people and people can find it easily. However, in countryside, Anka
should provide products to the convenience stores instead of building their own stores
because the people’s demands are less than those in the cities.
Anka should invest to build a website to sell products online to distribute products
widely to many part of Vietnam and to the end-users. This is a way of distributing
products directly. To do this method effectively, Anka must have staffs to receive
orders and staffs to deliver products to customers on time
Related to geographical distribution, Anka must arrange product system suitably. In
big cities, Anka must distribute large quantities of products not only to big
supermarkets but also convenience stores. Otherwise, in other parts, anka should
provide smaller quantities of milk products.
d. Customer
Anka milk is formula milk which is used by children from 0 – 4 years old. Children
have not had consciousness yet, so parents will decide what to buy for their children.
Anka needs to focus on promoting their products to parents, especially mothers.
3.3. Explain how price are set to reflect an organization’s objectives and market
condition.
Market objective 1:
Market objective 2:
Grow sales volume unit by 7% in
Increase brand recognition by 25% in
P/S 1:
2016
-One Anka milk product weight
2016
-Once Anka milk weight 900g should
Psychologica
900g should be 329.000 VND.
be 438.000 VND
l Pricing
- This price seems to be cheaper
-This reasonable price includes good
but ANOVA still gets profit from
quality can make customer remember
the product. Customer will buy
to Anka. It will help to enlarge
ANKA more, by doing that, the
Anova’s brand and spread its image.
sales volume of ANOVA will
P/S 2:
increase.
- For example, Physiolac 3ER is
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-The price will be 20% from other
14
Competitive
389.000VND, Celia Expert 3 is
competitors’ products.
Pricing
410.000VND, Cumart Bio is
To make a difference, the quality will
665.000VND.
be the main factor. Anka is the
The price 329.000VND for
product that is local brand but made it
Anka is suitable. It is cheaper
Europe.
than other competitors but quality
Anka will be the product that have
still remain. This is an advantage
foreign quality but only with local
of competitive pricing. Customer
price.
will find Anka is cheaper but they
This pricing strategy will be the
still get benefits from it like other
factor that decide Anova position in
products. They will be willing to
dairy market
pay for it.
3.4. Illustrate how promotional activity is integrated to achieve marketing objectives
Marketing Objective 1:
Marketing Objective 2:
Grow sales volume unit by 7% in
Increase brand recognition 25% by in
Endorsemen
2016
2016
Anova can hire Thu Minh- a singer Anka Milk can hire celebrities such as
t
who is pregnant to be Anka’s
Tang Thanh Ha or Ho Ngoc Ha to
representative. She will talk about
promote for their brand. Both of them
the experience of herself when
have children and they are reputation
using Anka milk products.
and prestige with Vietnamese people.
Therefore, if they promote for Anka
milk, many people will recognize
Direct mail
Anka must have a system to send
anka milk and try to use products.
The detailed commercial and Anka’s
mail about Anka products to
characteristics and the trend of
people. This mail will show details
formula milk recently will be directly
about information, quality, price of
sent to mothers. They can access the
the products and events or free
latest information of Anka milk
trials. As a result, if people feel
product. Mail can consist the image of
interested, they will buy and try
celebrities promoting Anka milk
Anka products.
product. This will help Anka get more
reputation.
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3.5. Analyse the additional elements of the extended marketing mix
People
Staff
All Anova’s employees need to have deep understanding about
Anka which means that they have to know about children
development and necessary nutrition. Having had the help of Kerry
group, Anova’s employees can access new information and learn
experiment from Kerry Group.
Both customer care service team and salesman need to have
thorough knowledge about Anka, intelligent and professional. They
will be willing to serve customer with enthusiasm and friendly
Manager
attitude
The managers play an important roles in serving customer.
Managers do not direct contact with customers but they are the one
who make plan, control operation of the business, and make
decisions about financial, get employees to accomplish goals and
objectives. They will establish project, campaign, distribute the
division of work for employees, and guide them to serve customer
Consume
the best.
Anova aims to target to children from 0-4 years old. This is the
r
potential consumer. But at this age, children have had
consciousness yet, so the customer will be mothers or fathers. They
will experiment for their children. After observing their children
change after used Anka milk, parents will direct give out their
feedback. Customer care service will provide them all answer about
Process
Selling
Anka, information about Anka.
At the places that Anka is distributed, staff will give advice
customer to choose product, explain the features of Anka. They
must be friendly and enthusiasm with customer, make them feel
satisfied and happy. Besides, Anova needs to provide shipping
Physical
evidenc
Process
system to ship Anka direct to customer.
This system will be built to take care of customer after they have
of
bought Anka. Staff will get feedback and explain everything about
handling
Anka that customer still not clearly understand.
customer
Anova needs to create some customer service line such as their
complaint
Uniform
website, email, phone line.
The uniform should be blue t-shirt with Anova logo in the front and
with a picture of a happy baby drinking Anka milk at the back of
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e
shirt. The logo is on the heart which means that Anova will
produce, supply and serve customer with all their ardor and
passion. Moreover the picture at the back shows the main
consumers of Anka that is baby and emphasize on Anka milk
Website
product.
The main color of website should be in blue and white, the cover
image should be a picture of Anka milk’s farm. It will make
customers feel that they are coming to the real farm to get Anka
milk product. Website must have clear category like: history of
Anka milk, products and theirs detail ingredients, order online,
news, promotional plans, contact Anka milk. Anka milk’s website
should developed in both Vietnamese and English to help not only
local but also international customers to buy products.
4.1. Plan marketing mixes for two different segments in consumer markets for Anka
milk
S1 (0-6 months)
S2 (1-4 years)
The time that every infant will
The time for developing children, sell for people who
need to drink milk, sell for every
have life confition
class
Product: the regular product
Product: premium product
Package: - tin box light but
Package: - tin box light but stable
stable, saving cost material.
-Beautiful design attractive customer, especially
-Design: simple design, print
children. Print picture of a kids who is playing kite
imagine of an infant who is
with his friends. The kite was design with the logo
drinking his bottle of milk. That
Anka on fly with the dream, make your child
bottle of milk will have Anka logo
healthier, more intelligence and more active Anova
on
should not hesitate to invest in packaging. Although
build a specific image and
after this campaign Anova can take disadvantage of
show that this product is use for
sale prices, but they can offset stronger revenue
infant from 0-6 months
growth and consumers remember the brand more
-Branding: infant formula, be
-Branding: children formula, develop height, add
healthier, gain weight, provide the
more nutrition, improve body resistance
necessary nutrition
-Price: apply psychological
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-Price: apply competitive pricing, lower 20% than
17
pricing
other products but product is made in Europe high
-Suggestion price: 329.000VND
quality with technology advanced but still remain
(900g)
reasonable price.
lower than others in market
-Suggestion price: 420.000 VND for 900g
attract customer, save money for Nan Nga 4 (800g) : 525.000 VND
customer, enlarge Anka imagine
Distribution:
P100 (900): 450.000 VND
Distribution:
Logistics: can be distributed in all
Logistics: Can be sent to supermarkets in Hanoi, Ho
63 cities and provinces in Vietnam
Chi Minh.
Supply Chain: After being
Supply chain: Not only can customer buy Anka milk
distributed, Anka will be sold in
in distributed places but they also can buy them in
supermarkets, convinience stores.
personnel line selling.
Customer go to there and buy
product
Promotion: enclosed with each
Promotion: To prepare for the Lunar New year event,
can of milk is a small book about
Anova has to design, packaging and print new
the need of drinking formula milk,
package of Anka to convey message to consumers
and the nutrition and technology
show that Anova give attention to customer and want
that Anova had been applied into
to advertise their product
Anka to make it become the best
-Invite Do Nhat Nam – the boy who is famous for his
choice for their child.
intelligence to advertise Anka.
-Establish some senior?? talk
-Sponsor for “Dancing with the stars”, “Perfect
about how to grow children
couples”, “Good night, kids”, “Do Re Mi”
-Free trial, buy one get one project
- Direct mail: send direct mail to mothers to advertise
-Make commercial on VTV1,
Anka direct contact with customer and give more
VTV3, Internet, make poster on
information about Anka.
supermarkets.
a careful marketing strategy and large amount of
promotion requires a normal
investment
amount of investment
People :
People
Staff: Anova should have a team
Staff: Anova needs to establish a team of marketing, a
of marketing and sales have
team of nutritionist, a team will research customer’s
experience. They are people who
needs and wants, a team of direct delivery product, a
understand the requirements of
team who take care of loyalty customer and potential
consumers through regular access
customer
to customers at many sales places.
These team need to be skillful and intelligent,
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Customer: is the one who brings
professional and timely analyze and determine market
revenue for Anova. They only
direction and trends of consumers.
chose product because of its good
Customer: normally these customer have good life
price and quite good quality
condition or they don’t mind the price, they just care
Managers: will supervise all the
about the premium quality. Their feedback need
business activities, make sure that
monitoring carefully and regularly.
Anka satisfy majority
Managers: will lead Anova into success. Any ideas
will be considered and carefully planned by them.
They will arrange every tasks and divide the
responsibilities, motivate the employees, present for
Process:
the face of Anova.
Process
The process is quite simple, like
This selling process will be diverse:
most of other products. Customer
-Online sell (through website, Facebook, Twitter fan
go to supermarkets (Big C, Metro,
page)
Lotte Mart,..) or convenience store -Personal selling: sell between mother and mother,
(Shop n go, 24h shop, K-mart,..)
direct contact with Anova’s staff to receive at home
to buy Anka
-Telephone line: make a call and employees will
Employees only need to deliver
deliver Anka
Anka to those places for customer
to pay for them.
Physical evidence
Physical evidence:
Uniform: t-shirt with blue is the
Uniform: Light blue chemise look professional
main color
Website: well decorated, detailed information about
Website: simple, easy to
everything related to product.
understand and look up for
-Use the imagine of famous singer, such as Thu Minh
information
4.2. Illustrate differences in marketing products and services to businesses rather than
consumers
Product (Anka milk)
Service (KFC)
Produ
Anka is produced with advanced
KFC provides customers with many
ct
technology. It is a high quality product
kinds of fast-food: Fried chicken, fried
with many function to grow up
potato, hamburger, drink: pepsi, Fanta,
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children: Gain weight, Be healthy,
milo, coffee, ice-cream. They are also
Healthy digestive system, height
tasty too.
development, reduce eating disorder,
Price
Place
add nutrient
Price will include distribution cost,
KFC adopts the cost based price
fixed cost, variable cost, VAT,
strategy. Price of product includes the
government tax…
government tax and excise duty,
Customers won’t come direct to the
variable costs and fixed cost, VAT,…
Place strategy of KFC is simpler than
factory to buy products. Anka milk have
Anka milk because customers will
to distribute their product to retailers
come to the stores.
and convenience stores (Big C, Metro,
KFC has opened more than 100
Lotte Mart, Shop N go, K-mart,..) or
restaurants in Vietnam: 59 in HCM
through online selling website:
City, 17 in Ha Noi, and many stores in
vatgia.vn, ebay.com, lazada.vn,
other parts of Vietnam
yes24.vn,…
KFC developed online order system
through phone line, website, or KFC
Prom
Anka milk has more promotional
application in smartphone.
Advertising on TVs and magazines
otion
activities to persuade customers to buy
through a slogan: “finger lickin’ good”
products because there are many strong
or “So good”
competitors in dairy market. Anka milk
KFC’s promotion is focused more on
now should focus on adverstising, free
experience of customers when trying
trial, discount to make the brand more
KFC products and how customers feel
popular. Therefor, Anova can show that
about the service of KFC.
they focus on quality and ingredients of
KFC has variety of promotion
product.
programs:
To convey the message to customer,
-buy more get more with kfc: when you
Anova should make a slogan:
buy KFC, you will get discount base on
-
the quantity you bought
Your child is our child
For a better future
-Enjoy coffee with KFC: in launching
time, KFC will offer you the best price
Peopl
Employees and staffs must have wide
for sampling
Staffs who work at restaurant don’t
e
knowledge about products and
really need to have high education,
ingredients of products
instead of that, they need working skill
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20
Manufacturing: Employees who takes
to communicate with customer. The
responsibility for making the product do
requirements of KFC when they recruit
not have to be sociable, they just need
staffs are: staffs must be fluent,
to follow the process and finish the
energetic, have passion for servicing
work with high performance.
customer; have good health and nice
-Only employee takes responsibility for
appearance; graduated high school with
selling and promoting need to have
standard English.
deep knowledge and certification. They
-Employees take responsibility for
have to understand and make a timely
selling and promoting KFC need to
decision, have capability to predict the
have deep knowledge about customer’s
market trend
needs and wants, how to serve them
Proce
Customer process: Anova needs to have
best.
For customers who use meal at the
ss
phone line to answer all customer’s
KFC fast food restaurants: Firstly,
questions, advice about how to use
when customers come into restaurants,
Anka the most effective way, give
staffs will welcome you. Then while
recommendation about growing the
you ordering, they will explain detail
children.
information of each food. After that,
Having their own script
they ensure that how long will they
Sale process: The most common way
bring food for you. For customers who
when customer want to buy Anka is to
order online: After you order, you will
go supermarket, retail or convenience
receive a confirmation and kfc will
store. Or they can buy online through
inform you about the order and
selling website
delivery time. Customer can direct give
-Anka will be placed in the same dairy
out their opinion about the service
shelf in every store make customer
whether it is good or bad, fast or slow,
easier to find and can compare Anka
the attitude of staff through phone line,
price and quality with others products.
feedback paper, email, and website.
Physi
Uniform: employees are provided with
Decoration of KFC restaurants are all
cal
blue t-shirt with printed Anova logo in
based on 2 colors: red and white and
Evide
the front and baby who is drinking milk
Colonel Sanders symbol present for
nce
at the back
enthusiasm and passion of KFC to
Website: anova.com.vn. It is launched
serve customer. All restaurants have air
both Vietnamese and English
condition, toilet, and good decoration.
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for customer to learn about Anka and
Uniform are red T-shirt and black cap
provide Anka detailed information,
which help customer to identify KFC
enhance the professional image of
brand.
company
Website of KFC have tone of red and
white too. It is set up both in
Vietnamese and English language
which is easy for not Vietnamese but
also foreigners staying in Vietnam to
order food.
4.3. Show how and why international marketing differs from domestic marketing.
Factor
Social
Domestic (Vietnam)
The population of Vietnam is about
International (Ireland)
The population of Ireland in 2012 was
92 million (Wikipedia, 2015), this is
approximately 6.4 million (Wikipedia,
a potential for develop in dairy
n.d)
market. However, the demand of
They have habit of drinking milk. So
drink milk still low because people
they always care about high quality
Technolog
do not have habit of drinking milk.
-Technology Product quality
nutritional milk
Ireland has advanced technology of
ical
management according to ISO
dairy systems in order to produce the
quality management (quacert, n.d)
best milk for citizen
-Vietnam has cooperated with many
foreign company to produce good
quality milk.
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Economic
The economy's rapid growth
- The economy of Ireland is a
Vietnam has had a positive impact on modern knowledge economy,
domestic purchasing power.
- WTO pressure to compete for
focusing on services and high-tech
industries and dependent on trade,
business.
industry and investment. In terms of
- Import tax milk products have
GDP per capita, Ireland is ranked as
reduced which create favorable
one of the wealthiest countries in the
conditions for imported dairy
OECD and the EU-27 at 5th in the
products increased.
OECD-28 rankings as of 2008
- Inflation, rising gasoline, price
(Wikipedia, n.d)
increases
-Consumer Products is a leading
Environm
Vietnam’s climate can be divided as
supplier to the food retail sector
Ireland has rainy climate and grassy
ental
a tropical and a temperate zone and
green countryside (Bloomberg, 2015)
has a high rate of rainfall, and high
suitable to graze livestock
humidity (weatheronline, n.d). This
climate may make it hard to preserve
Political
Legal
milk product.
Vietnam is also a peaceful country
-Requirements about food safety very
without war and terrorism. The
seriously
government has many policies to
-Because of the stable political, it
support milk industry for running
will help Anova to develop the
business. However, Vietnam is a
business.
mixed economy so government stills
- The ending of the EU’s milk quota
plays the big role in market. Anova
regime - arguably the most important
has to abide by strict laws and
policy shift in the bloc’s agriculture
legislation in Vietnam. There are
regime in a generation (ft, 2015). This
many laws such as VAT, corporation
will be also an advantage for Anova
taxes, employees and also follow the
to enlarge its position in market place
environmental laws
In Viet Nam, Anka milk quality is
Anova will have to follow the food
controlled by five ministries. Anka
legislation, all laws about food safety.
milk products will be carefully
Ethics
examined.
Have many policies to protect human Have many policies to protect human
rights, buyer rights. But the process
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and supervision are not tight, cause
government supervises very strict,
many disadvantage for buyers.
always aims to bring the best for
Demograp
The market in Vietnam is a potential
buyers.
Ireland has the highest birthrates in
hic
market with people among them
the European Union. Interestingly,
children less than 15 years old
nearly a quarter of babies born in the
accounted for 26%. Beside the
republic were to mothers born outside
demographic structure of Vietnam is
the country (forbes, 2013) potential
youth population with the growing
for Anka develops
rate at 1% is a chance to develop
fresh milk (Wikipedia, n.d)
Domestic (Vietnam)
Package should be made from tin
International (Ireland)
Package should be made from tin quite
easy to use, more stable, compelling
stablepreserve Anka better
design
-The ingredients, nutrition of Anka must in
-Anka must ensure the ingredients,
high quality to build Anka’s position and
nutrition and hygiene to attract
can compete with other competitors.
customer
The supply chain in Vietnam is quite
After receiving raw milk from farm, Kerry
complex. After importing Anka from
group will transport it to manufacturer to
Ireland which was produce by Kerry
produce Anka, then move Anka to
Group. Anka will be moved to
warehouse. From that, Anka will be
warehouse. Then Anka will be
distributed to retailers. Moreover, an amount
distributed to retailers such as Big C,
of Anka will be exported to Vietnam. The
Lotte Mart, convenience store,…
transportation process might be through
through road or rail. Customer will
road, rail, air or sea imports and sea exports.
Promot
buy Anka from there.
Advertising based on Vietnam’s
Culture: Commerce based on the popular
ion
culture. ANOVA can advertise
trend in the world. A image of a celebrity
ANKA through mass media ( Gia
who is well known for her well care for her
Dinh Magazines, For Mum
children such as Angelina Jollie, Beyonce,
Magazines, advertise through TV,…)
Eva Longoria,.. They are some of famous
Promotion discount: Vietnamese
Hollywood star both have sexy image but
both like buy one include some gifts
still remain her good profile.
Product
Place
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or get one, or sale up the product. It
Promotion discount: people like to buy
means that Anova needs to have a
product that is on discount so that they can
smart and effective plan to promote
get them with cheaper price. They rather
Anka.
buy product on sales than they can get
something along with that product without
Price
Lower 20% than other company but
any decreasing price.
Price is higher because it has been added
quality still remain
with export fee, transportation fee, VAT fee,
Depend on the amount of competitor
rental places fee.
(TH True Milk, Vinamilk, IDP,..) so
Anova needs to determine the final
price that can compete with them.
People
Process
The price will be added with VAT
The commercial or slogan will be in
The minimum requirement is that ANOVA
Vietnamese. It will be easier to
use English as their international marketing
understand and remember the
strategy. Because English is the most
company’s strategy
common language in the world. It will help
to promote ANKA and attract customer.
The process to marketing ANKA will It will be more complex to handle every
be much easier than the International
business activities in the international level.
level. Every step will be in the
The size of ANOVA at first will be small, so
boundary inside VietNam. If any
if any problems occur, the manager will find
problems occur, the customer can
it more difficult to figure out because of the
direct contact to the company and
language issues, the geography issues
Physica
give out their feedback.
- ANOVA’s website will use
ANOVA’s website will have at least 2
l
Vietnamese for customer to buy and
language: English and Chinese. Because
Enviro
to learn about the company.
there are many people from China emigrated
nment
Uniform: Anova’s uniform should be
to other countries and English is the most
in light blue color with the Anova
popular language in the world.
logo right on the heart. And then it
Uniform in the international level might
will be decorated with the pictures of
have some slightly change. The uniform will
a happy baby who is drinking milk
no longer can be worn for both gender. Girl
printed at the back of the shirt. It
can wear a more active and sassy design so
means that Anova aims to serve
that they can wear uniform with skirt. Boy
customer with all their heart with all
can wear light blue chemise with the printed
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