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Marketing Plan of Sumptulupz
Marketing Plan of Sumptulupz
SUMPTULUPZ
(Snack Healthy
Be Wealthy)
Submitted by:
Maria Masood 11994
Sidrah Shaikh 11562
M. Naeem Zeeshan 11605
We Track Fitness by Counting
Talha Khalil 11743
Calorie.”
Submitted to:
Miss Midhat Masood
Submission Date:
30th Dec, 2010
TABLE OF CONTENTS
S.NO CONTENTS PAGE #
1 Abstract 1
2 Executive Summary 2
3 Situation Analysis 3
Customers
Competitors
Company
Context
4 Marketing Opportunities and Issues
5 Objectives.
Sales Forecast
Assumptions
Break-even Analysis
6 Marketing Strategy
7 Target Markets
8 Positioning
9 Marketing mix
Product
Price
Place
S.NO CONTENTS PAGE #
Promotion
10 Review and Control
Revenue and unit Sale
Expenses
Customer Feedback
Market log (self and competitive major
activities)
11 Marketing Organization
12 Contingency Plan
Acknowledgement
After Allah Almighty, we are thankful to our instructor “Miss
Midhat Masood” who gave us a chance to conduct a study of
launching a new product in the market as it was not only a
learning experience but a good and challenging exercise to
prove our potential and building extensive knowledge about the
local market. We all are grateful to her for assigning this project,
which has further helped us in evaluating many interrelated
dimensions of marketing and professional implementation on
any product or service.
Finally we bestow our thanks to all who has directly or
indirectly supported us with their assistance and guidance to
compose this report and accomplish broader vision to visualize
things in marketing concepts.
Thank You
Abstract
Background: To critically examine & understand the market
movements and fluctuations for the fruit based snack, Sumptulupz.
Methods: Analytical examination of overall healthy food snacks
market.
Results: The snack foods industry continues to experience strong
growth, due to the decline in the number of formal meals eaten and
continued demand for foods which can be eaten on-the-go by time-
pressed consumers. Over the last decade, health has been one of
the main drivers of the snack foods market.
Conclusions: Given the highly competitive nature of the snack
foods market, levels of innovation and new product activity have
traditionally been on the high side.
This has been accentuated by growing consumer health demands;
as well as the pressure manufacturers are coming under to develop
nutritionally superior snacks.
Executive Summary:
This report shows the marketing strategy of “Sumptulupz” by
doing SWOT analysis as well as describing four P’s.
Sumptulups is a unique kind of snack which comprises of real
tasty fruits and added preservatives toped with chocolate sauce
and comelle. It is a nutritional snack which is preferred by the
people who want to eat natural product rather than junk.
We will target Health conscious youngsters belonging to upper
middle and upper class. We will spend huge amount of our
capital on its promotion that will reduce our profit in first few
years, but later on it will result in huge profit gains.
Sumptulupz is a healthy snack that is enriched with all the
essential vitamins and minerals that covers the daily requirement
of every individual, which gives it a competitive edge over other
snacks.
We have Direct/Indirect Marketing Channel from manufacturer
to consumer. We will market our product through different
pricing strategies, i.e. Market skimming pricing strategy,
perceived value pricing, etc .And eventually, by providing best
quality in our product, we will gain customer satisfaction and
greater returns.
Sumptulupz:
Sumptulupz, a healthy real fruits based snack has a small but effective
way to ensure nutritional requirements are being met.
Sumptulupz offers high healing nutritional value as it is enriched with
natural fruits which offers high percentage of anti oxidants.
Taste Developers:
A company that’s all about helping people be the best they can be -
doing good things when it comes to our health and that of our children -
and caring for the environment. You get a company called, Taste
Developer.
Mission Statement
Our Roadmap begins with our mission, which explains our purpose of
existence as a company and serves as the standard against which we
measure our decisions and actions.
1. To learn and innovate
2. To grow continuously
3. To create value for our customers by providing delicious yet healthy
food.
OBJECTIVES:
Financial objectives:
To become Stars = ( High growth, High Market share)
Strategic objectives:
1. Explore new competitive advantages
2. Sustain existing competitive advantages
3. Capture attractive growth opportunities
4. Fully utilize our core competencies
Keys to Success
(Taste Developer)
Rapidly expand retail operations
Growth in its specialty sales and other operations
Provide Nutritious food
Situation Analysis:
1. Customers:
Sumptulups primary customers are the children and younger age groups
& secondary are adults.
Children love real fruit flavors and adults love the nutrition.
The trend towards greater dietary awareness and healthier eating has
been apparent within the snack foods market over the last few decades.
Although products geared towards dieters and weight-conscious
consumers (e.g. low-fat and low calories crisps) represent a well-
established feature of the market, the choice of healthier snacks like
Sumptulups available to consumers has widened dramatically.
2. Competitors:
Snacks made from cereal ingredients and fruit continue to emerge in
greater numbers in the global market but not locally though the demand
for healthy snacks like Sumptulups continues to increase,
as a result of more people paying greater attention to their diets in
Pakistan.
Due to this fact, Sumptulups if launched in international market might
get many competitors but locally at this point in time they are near to
zero.
3. Company: Taste Developer
A company that’s all about helping people be the best they can be -
doing good things when it comes to our health and that of our children -
and caring for the environment. You get a company called, Taste
Developer.
Objectives:
Taste Developers core values that are awareness, caring, and continuous
Improvement are put into action in our work.
As a result value is delivered to the customers through their satisfaction
by giving them what they want i.e. real Fruit Flavor to Kids, and
Nutrition to Adults.
Product awareness:
Increase product awareness among the target audience by 30 percent in
one year.
Sales forecast:
Inform target audience about features and benefits of our product and its
competitive advantage, leading to a 10 percent increase in sales in one
year.
Marketing Strategy:
Our marketing strategy revolves around the key concept of customer
satisfaction. It allows us to concentrate our limited resources on the
greatest opportunities to increase sales and achieve a sustainable
competitive advantage
Behavioral
1 Occasions regular and special
1. FUNCTIONAL POSITIONS
Sumptulups, a healthy real fruits based snack has a small but effective
way to ensure nutritional requirements are being met.
2. SYMBOLIC POSITIONS
Self-image enhancement
Kids love the Real Fruit Flavor. Adults love the nutrition!
Affective fulfillment
Sumptulups have a wide array of simple and complex
carbohydrates providing a source of energy that can be sustained
over longer periods.
Marketing Mix:
Product:
Product Name:
Sumptulupz
Punch Line:
Snack Healthy, Be wealthy
Product Classification:
It is a fruit based Snack for taste lovers and health conscious individuals
introduced by taste developers
We want to see healthy & smart individuals in Pakistan
Nutritional Information:
Each of our 20 gram products provides the following nutritional
information:
Cholesterol 0mg 0%
Sugars 11.5mg
Fructose 8.0g
Sucrose 0.5g
Glucose 3.0g
Protein 0.2g 0.4%
Vitamin C 2 mg 0%
Calcium 5.8mg 0%
Iron 0.3g 2%
Price:
Market skimming pricing strategy is being used.
Place:
This product is distributed both directly and indirectly. It is distributed
directly to modern trade outlets such as major supermarkets and
convenience store retail chains etc, while distributed indirectly through
appointed distributors and wholesalers to serve selective retail outlets in
every locality.
Since we are new to market and have limited resources we will make our
product available in selected stores, following the selective distribution
strategy.
Promotion:
Promotion is done by utilizing the mass media, such as TV commercial,
website, online campaigns, promotional booth and on-ground events,
and also by tailoring its components & packaging according to customer
needs.
Product:
Sumptulupz branding and quality level is established and
intellectual property protection such as patents and trademarks are
obtained.
Pricing:
Distribution:
Promotion:
Contingency Plan:
Also known as a worst-case scenario plan, backup plan, or a disaster
recovery plan, the contingency plan is simply a secondary or alternative
course of action that can be implemented in the event that the primary
approach fails to function as it should. Plans of this type allow
businesses and other entities to quickly adapt to changing circumstances
and remain in operation, sometimes with very little inconvenience or
loss of revenue.
By identifying possible breakdowns in the usual flow of operations
Taste Developer has developed strategies that make it possible to
overcome those breakdowns and continue the function of the
organization.
Strategies are as follows:
1) Avoid false starts.
2) Execute efficiently and effectively.
3) Cut losses short and flexibly salvage.
4) Always have a big vision.
Here's how:
Conclusion:
Choosing healthy snack foods is just as important at snack time
as it is at mealtime. Sumptulupz can add fiber and nutrients to
your diet without unwanted calories.
It can give you an energy boost during the day and prevent you
from overeating at meals.
Remember to have Sumptulups to get all of the vitamins and
minerals you need to be healthy.
The closer a food is to its natural state; the better it is for
you. And that’s how Sumptulups is.