Professional Documents
Culture Documents
Marketing Plan Finals
Marketing Plan Finals
Marketing Plan:
Submitted By:
Gonzales, Joana
Graves, Remia
Guerero, Maricon
Juanico, Fritz
Jumbas, Remar
BSHM 3-A
Submitted To:
Subject Professor
Table of Contents
Section Page
I. Executive Summary 3
II. Introduction 8
PESTEL Analysis 10
SWOT Analysis 19
Customer Profiling 23
Direct/Indirect Competitors 24
V. Target Market 27
Place 29
Product 30
Price 30
Promotion 31
Time Table 32
Implementation Plan 38
VIII. Budget 41
Marketing Budget 43
IX. Conclusion 45
References 46
I. Executive Summary
K’fame Friends Cafe is built to become a daily necessity for every coffee
addict, a place to dream of as you try to escape the daily stresses of life,
having fun, a comfortable place to meet your friends or read a book, and a
place where you can spend your leisure time, all in one. The structure of the
cafe is made of lovely bamboo and wood, so you can feel the nature and
native structural elements of it, and it is well-known for its beautiful ambiance
Avenue in Victoria City, a three-minute drive from the Victorias City Mall and
close to the highway. The company’s target market would include residents,
businesses, students, and coffee lovers. K-Fame Friends Cafe offer its
customers the best prepared coffee in the area, with a compliment of pastries
and quality products served. K’fame friend cafe serves both hot and cold
to their coffee, they also sell different flavors of pizza, like Pepperoni,
Hawaiian, and Double Cheese Pizza. In terms of their pasta, they have their
carbonara and spaghetti. They also provide a simple ambience with free wifi
for their customers. The company’s mission is to serve the best coffee in
destination café where people come for the atmosphere, the friendships, and
3
In the situational analysis in this section, the PESTEL Analysis, Porter’s five
K’fame Friends Cafe have been analyzed to determine the situation of the
cafe in the market. In addition, the difficulties that exist in the coffee business
are not complex and are simply eliminated, which is why entry into the
low scale with a little takeaway cafe on the corner of the street, there is no
Café is competing against several local competitors. In this regard, the rival
coffee shop, all you need is a small amount of money, which is why several
coffee shops are being established. To compete with other coffee shops,
K'fame friends must analyze their strengths and seize the opportunities that
bikers make up a large portion of the cafe's customers, which is why the cafe
seat apart. Small coffee shops were severely impacted by this protocol, and
they could only serve a few customers. Only a quarter of people have dined
4
ensure that their cafe is equipped with commercial recycling and compost
bins, as well as that all employees are trained in proper waste separation.
Furthermore, at this time of pandemic, it is critical that coffee shops link their
In addition, in the marketing goals and objectives section, sales, profit, price,
and product are among the general marketing goals and objectives of K’fame
consistent sales and revenue by 10% each year with an annual sales
To determine the target market for K-fame Friends Café, we evaluated the
market and determined the best strategy for segmenting, which involves
separating the market into separate groups. Age, life cycle, and
focus on one specific group, which is the millennials. Millennials are the
chosen target market for this marketing plan based less on the fact that they
are coffee drinkers and more on the fact that this generation frequently seeks
out other options for nights out with friends. Thus, it will help accomplish the
5
financial goals of K'fame Friends Cafe and become a successful business
strategy for the K’Fame Friends Café first started with the place strategy,
which suggested a renovation of the café from the floor plan to minimize the
amount of space needed to cater to the multiple customers that visited the
café. The proposed marketing strategy within the product strategy will be the
Cafe. In the pricing strategy, the K-fame Friends Café will consider and base
strategy have been proposed to advertise and promote the services and
products of the K-fame Friends Café. It will benefit the establishment and
After studying and assessing all of K'fame Friends' strategic planning, the
3 years. The cafe's objectives, goals, and market strategies were all aimed at
increasing sales and making it a well-known coffee shop in the city. The
6
might be the reason for their downfall. Almost all of their competitors are well-
known coffee shops in the city with loyal customers and k-fame friends who
various activities and strategic planning in the coffee shop, such as new
influencers, and creating a video campaign, all of which helped the cafe
become the city's number one coffee shop. Additionally, in the year 2022, the
team's goal is to raise brand awareness in the first quarter of the year and
expand the menu option in the second quarter, so that by the third quarter,
the cafe will be well-known in Victoria City. We will renovate the cafe in 2023,
and in order to attract more customers and improve sales income by ten
percent, the cafe should provide certain promotions and discounts. By 2024,
influencers will be invited to publicize the cafe's products and promote the
coffee shop to their followers. It's possible that by taking these steps, the cafe
Lastly, for the marketing budget section, we proposed the marketing budget
for the marketing plan made for K’Fame Friends Cafe with the attached 5-
year sales projection. After a successful marketing plan and strategies are
implemented for the K’fame Friends Cafe, the forecast will show a steady
increase in sales of 10% annually for the first five years. During the next five
years, the project's sales will level off, leaving the cafe with monthly average
P10,300,000.0.
7
Thus, after the completion of the marketing plan and with the proposed
and improve their products and services, expand their business, generate
more sales and profits, and be successful in this competitive field of the food
II. Introduction
There are several processors of roasted beans and ground coffee in the
(Cagayan de Oro), and it accounts for 80% of the instant coffee market.
Coffee Culture Roastery Shop (Alijis Rd, Bacolod, 6100 Negros Occidental),
which buys their green coffee beans at PHP160 per kilo of sorted Robusta,
Coffee shops are the most common type of business in the modern world.
Nowadays, coffee shop can be seen in almost every corner of the street.
Despite the fact that there are many existing coffee shops, entrepreneurs are
still willing to risk their resources and time to open one for the simple reason
8
facilities not only provide food and coffee, but also a nice environment in
K’fame Friends Cafe is built to become a daily necessity for every coffee
addict, a place to dream of you as you try to escape the daily stresses of
life,having fun and a comfortable place to meet your friends or to read book,
and a place where you can spend your leisure time, all in one. The structure
of the cafe is made of lovely bamboo and wood, so you can feel the nature
and native structural elements of it and its well-known for its beautiful
Avenue, Victorias City, and accessible with a three-minute drive from the
Victorias City Mall, nearby the highway. The company’s target market would
include the residents, business, students and coffee lovers. K-Fame Friends
Cafe will offer its customers the best prepared coffee in the area with the
compliment of pastries, and quality products served, as well free books that
customers that can read to enjoy their visit and trendy services like a tough to
beat board games and fun games while enjoying your favorite snacks and
lattes.
Mission
The company’s mission is to serve the best coffee in Victorias City, to friends
detail.
9
Vision
The company’s vision is to become a destination café where people come for
the atmosphere, the friendships, and the stories told over a warm cup of
Java.
K’fame friend cafe serves both hot and cold brewed coffee, espresso,
cappuccino, and latte. In addition to their coffee they also sell, different flavor
their pasta they have their Carbonara and Spaghetti. The other beverages
that they offer is different kind of juices such as Lemon juice, Iced tea,
original Calamansi Juice. Also, they provide a selection of street food that
ball, tempura, and cheese stick. They also, provides simple ambience with
free wifi to their customers. It has a lot of of books to provide to its customers
for free as they sip their coffee and eat various foods at the K'fame
friend cafe.
To gain a better understanding of the current and future states of the market
10
and SWOT Analysis, which is situational analysis done to analyze and
organization. We have done detailed analysis on the areas that will affect
business.
PESTEL Analysis
Every industry, small or large, is subject to several elements that affect the
case was about the changes that must be implemented by the establishment
and how the company has been able to adjust to the stiff competition of this
kind of business.
using the PESTEL model. The PESTEL model evaluates political, economic,
highlights the various elements that impact its business performance. This
11
P E S T E L
Political Economic Sociocultural Technological Environmental Legal
-The tax policies -The increasing -Consumer - -The -The
and employment cost on raw preferences Technologica establishment establishment
laws of a materials and could shift l ’s business has a chance
establishment labor charges from coffee advancement can get to improve their
can have can be a threat to other such as affected if the performance
specific impact concerning the beverages. accepting growth of and customer
on its sales. development of payments via coffee and satisfaction
the business. -The food smartphones raw supplies rates by
-The items offered suffers from following rules
establishment -Faces a lot of by the -Use of insects, and regulations
must be flexible competition establishme technology diseases, on product
to adapt to these nt are can improve climate, or safety,
changes and -The drastic expensive operational natural consumer
plan business effect of considering efficiencies disasters. protection and
strategies COVID-19 that they are advertising.
accordingly. pandemic a small and -Opportunity:
brought to the not well- Advertise -The -Due to the
-Cafe/Coffees economy of the known cafe. through establishment pandemic, the
hop is one of the hospitality social media is nearby the Cafe should
fastest growing industries, highway and adhere to
industry in the including the is affected by certain rules
food service K’Fame Friends air pollution and regulations
industry Cafe. coming from provided by the
the vehicles. government on
-Lack of -Constant how they
international demand for food should operate
representation and beverages. their business.
Based on the information given in the PESTEL analysis, mostly of the following
are threat to the growth of their business and with less opportunity. Therefore,
they should have a take a look and focus on areas that might have a great effect
12
on their business. For like example, considering that they are a start-up and
their products are expensive, and nowadays people prefer low prices with
good quality products. They should make a strategy on how they can lower
since the pandemic started back in March 2019, Philippines. More than half
And, only 14 percent of people say they don’t worry about dining out once the
partially or fully closed for the next few months. Two-thirds of owners believe
that it will take anywhere from three to 12 months before they can start
including the K’fame Friends Cafe, but their revenues and profits are only
enough to operate their business. However, with the on-going and everything
seems going back to normal, K’fame Friends is also going back to normal
and operating their business like before. Which they are glad that they
growing at a phenomenal rate and everyone wants a part of it. For those
13
unaware, the food service industry is composed of all forms of food retail.
This includes fast-food chains, food kiosks, cafes, bars, take-out and delivery
food outlets operating in the country. This year, revenues are seen to top
P616 billion with 3,126 more food service establishments in operation than
there were in 2016. Masigan (2019), also added that to be successful, one
must have the basics in place. These include a strong concept, a good value
supply chain, tight cash and inventory controls, and enough competitive
The majority of the share is held by some of the leading players, including
on how they can compete and be ahead of them. Thus, managing the K’fame
Friends Cafe well, by understanding the trends in the market and considering
their competitors on how they can become the best in the market, could be a
great opportunity for them to grow their business and be successful within the
industry.
14
Food Tech: Technology in Food Industry, tech innovations allow for the
production of more food and in a shorter period of time, while also making
products more affordable and with a higher quality. In other words, the future
has already started changing the food and beverage industry. In which also,
June 2018, the Filipino-owned food delivery app, Delivery Guy, was launched
addition to that, many delivery business also existing and for the Victorias
lockdown because of its convenience. The same survey revealed that Food
Panda and Grab Food were the most popular food delivery apps among
business due the effect and impact of pandemic. Thus, for K’fame Friends
Cafe, this could be an opportunity and a new strategy to develop and grow
their business. In which, partnering with an online food delivery service will
mean more customers, and more revenue. It opens up a whole new base of
15
people previously restricted by location or because they didn’t know about
venues on their apps and websites, helping you to reach even more
customers without having to lift a finger. Plus, this extra exposure can also
encourage people to check you out in-person. This shows partnering with a
The 5 forces Analysis is a useful tool for K’fame Friends Cafe to analyzed the
competitive intensity. It is a great tool to use to better understand and counter the
Bargaining
Threat Power
of Substitute
Threat of of Products
Suppliers
new Entrants isisHIGH
is High HIGH
when when
when Force
Force
Force
Availability of of
The differentiation substitute products
the substitute is is
product HIGH
Intensity ofProduct
Competitive
Differentiation
Rivalry is is HIGH when Force
LOW
Differentiation
The rate of the alternative
of progress in supplier’s products
product'sand service is
price-performance HIGH
NumberinofEstablishing
Capital Requirements competitors Coffee
is HIGH
Switchingsubstitute
costs of theis buyer are shop are LOW
HIGH
Product Differentiation is LOW
Incumbent’s
Bargainingaccess
Power to government isrequirements is LOW
As a result of analyzing Porter’s fiveof Buyers
forces, HIGH
following arewhen Force
the list of threats that
The number of suppliers is HIGH
Availability of the same product in the city is HIGH
Importance of the supplier’s input to quality of buyer’s final product HIGH
is
could affect the establishment:
The threat of substitutes for the coffee industry is high in Victorias City due to
16
rising, which posing a risk to the coffee business. The various teas offered by
Milk Tea Shop in the city are one of the key alternatives for the coffee
Philippines milk tea is highly preferred over coffee and coffee is taken as an
such hot days in the Philippines and Filipinos prefer to choose milk tea over
high. In Victorias City there are several milk tea shop that could affect the
coffee establishment because people nowadays love to sip milk tea than
The bargaining power of Suppliers is high as the coffee shop does not have
products for their customers. Since many of the suppliers are located far
away from the cafe, the coffee shop does not have a variety of options. The
The buyers have options to choose from multiple coffee shop in Victorias
City, that keep the power of buyers high. Moreover, most of the buyer in the
17
city had their loyalty in their favorites coffee shop. In Victorias there’s a lot of
suppliers of coffee powder and beans that could buyers go for it for lower
price, customer is able to get similar product from the supplier. In addition,
City Mall was built and a lot of customers must consider the coffee powder
that being sell in the market that they could think, they could save than the
coffee shop.
these new competitors has emerged, all of which could have an impact on
the small cafe. Every coffee shop in the city sells precisely the same
their customers have already had their loyal brand when it comes to coffee
The difficulties that exist in the coffee business are not complex and are
simply eliminated, which is why entry into the market is so easy. Since the
coffee shop or supply can be established on a low scale with a little takeaway
cafe on the corner of the street, there is no need for a large amount of
capital. The required skills are not highly specialized, but they are trainable,
18
making it even easier to get into the coffee business (Mighty,2017). The
coffee business's 5 percentage growth draws new entrants and makes the
whole thing easier for newbies in the coffee business, increasing the threat of
SWOT Analysis
The following SWOT Analysis captures key strengths and weaknesses within
company and describes the opportunities and threats facing the K’fame
Friends Cafe.
S W O T
Strengths Weaknesses Opportunities Threats
-Passionate -Small, start-up cafe -Coffee shop is one -Government rules
team of workers with limited space of the fastest and regulations.
providing growing industry in Nowadays, due to
excellent service -Expensive and the food service the pandemic, there
and premium similar product industry. is a high probability
specialty offerings to the of being unable to
coffee beverages competitors -Developing new conduct normal
products and business
-Great ambiance -Establishment is services. operations.
and friendly nearby the main
environment highway and so -Use of new -Consumer
affected by an air technology can preferences could
-Free Wi-Fi pollution improve shift from coffee to
operational other beverages.
-The -No brand efficiencies
establishment is awareness or -Climate Change &
accessible and reputation as a -Developing loyal Natural Disasters
convenient startup and new customers
19
These are the internal factors within the K’fame Friends Cafe, which are the
things that they have some control over and can change. For the strengths,
the K’fame friend Cafe team is full of passionate, innovative, talented people
who are excited about their brand and genuinely care about meeting the
needs of their target market. Because of this internal passion, K’fame friends
Another one of their main strengths is the great ambiance and friendly
environment that the cafe providing to their customers, as well the free Wi-FI
which are the reasons that many customers loves to dine-in to their cafe. The
main strength because of less hassle and less expense for transportation
that they can provide to their customers. In addition, for the weaknesses,
being a small-start-up cafe with having a limited space for their customers, is
one of the weaknesses that they are facing. Expensive and similar product
offerings to the competitors are also one their weaknesses, which according
to them there are instances sometimes that even their regular customers buy
also one of their weaknesses which they are located near the main highway
and so affected by an air pollution coming from the different vehicles passing
by their cafe. Lastly, zero brand awareness or reputation from their target
alleviated over time with promotional and positioning efforts. Which also with
20
the help of this marketing strategy and promotion, that can hopefully able to
These are the external—things that are going on outside the K’fame Friends,
in the larger market. The company can take advantage of opportunities and
protect against threats, but the main thing is they can’t change them. With the
the food service industry. According to Business Insider, coffee is the second
most sought-after commodity in the entire world, with an industry that is worth
over $100 billion across the globe. To remain current in a highly competitive
trends. Therefore, coffee shop is one of the best business in the world that
one could likely be successful -by managing well and promoting your
managing the K’fame Friends well and with this proposed marketing strategy
will be a great opportunity to grow their business and be successful within the
is also one of the opportunity for the K’fame Friends, in which the use of new
well an opportunity for them to develop new products and services that can
help to the growth and development of their business. With that, it could likely
also an opportunity for them to develop new and loyal customers. In addition,
21
as for the threats, due to the impact of worldwide pandemic to most of the
coffee shops not only in Philippines but also to the other countries, many
struggled on how they can continue and provide their business in order to
survive and grow. According to the K’fame Friends cafe, they are also being
greatly affected by the hit of COVID-19 and because of that they struggled to
by the government of the Philippines, with the rules of social distancing and
limited persons are only allowed in the establishment, they must adhere and
follow it. In which, it caused them to get more customers and it reduced their
sales and profits. Aside from that, consumer preferences is also one of the
threat to their company, not only to them but also to any other company,
which something that they can’t control because every person has its own
preferences and likes that may something that the company can’t provide.
For like example, their preferences could shift from coffee to other
beverages. Lastly, with the changes of climate and sudden natural disasters
happen in the Philippines, this also a threat to their company. For like
example, this can cause a delay to the delivery of their goods from their
suppliers due to the natural disasters like typhoon. Thus, to lessen this threat,
K’fame Friends should be always prepared for any disasters, diseases, and
certain phenomenon that might caused their business. With the proposed
marketing plan and strategies, this will gonna help them to lessen the threats
22
Customer Profiling
Customer Profiling
8%
Male Students 6-28
16% 28% Female Students 6-24
F/M Bikers 18-25
F/M Employees 27-58
F/M Retired Employees 60-70
19%
29%
the lowest percentage. As seen in the pie chart above, customers are found
23
Direct & Indirect Competitors
establishments that provide services that overlap with the café and are
24
Tasa Cafe Cafe Racs Beans n’ Tea
Direct Direct Indirect
Competitor Competitor Competitor
Company Tasa Cafe is a Cafe' Racs is a Beans ‘n Tea is a
Profile two-story coffee coffee shop in milk tea shop
IV.
cafe in Victorias Victorias City that located in
City that opened started operating Victorias City.
in 2019. in 2015.
Marketing objectives
The general marketing goals and objectives of K’fame Friend Café includes
sales, profit, pricing, and product. These serves as to enhance the business
by proposing marketing strategies that would attain to achieve the goals for
Thus, K’fame Friend Café can compete with other food industry business,
increase its revenue, and continuously grow and expand in the future.
Objectives
month of 2023.
Friends Café.
26
Moving forward, these marketing goals and objectives will definitely help to
the future. In which K’fame Friend Café aims to provide a substantial income
and to create a business and working environment where both the customer
and employee are treated with respect and dignity. The café will surely
to be themselves and achieve their full potential. Thus, K'fame Friend Café
future.
V. Target Market
In this section we evaluated the market and determined the best strategy for
segmenting, which involved dividing the market into distinct groups. The
The city has a land area of 133.92 square kilometers or 51.71 square miles
determined by the 2021 Census was 90,101. This represented 3.43% of the
27
total population of Negros Occidental province, or 1.13% of the overall
Profile, 2021). The target market for this proposed marketing plan are the
significant portion of coffee shop consumers, the fact that they are the
chosen target market for this marketing plan is less based on fact that they
are coffee drinkers, and more on how is generation is often seeking alternate
options for nights out with friends. The decrease in the party scene, has
Friends Cafe is a place where millennials can come with their friends to
decreasing dramatically among young adults, who are resolving that being
sober and having real conversations with people is much more effective at
The fact that K’fame Friends Cafe is a business that can satisfy this demand
note that they were the chosen target market for this marketing plan
28
financial goals of K’fame Friends Cafe, and becoming successful business
Millenials
12%
Students
10% 35% Government Employees
Retired Employees
others
15%
28%
Place
The K'fame Friends Café is a small café nearby in Victorias City and
suggested to change the floorplan of the café to expand and minimize the
space to cater multiple customer that visited in the café. The location of the
café has a vacant lot across and it is a good idea if that vacant lot make it
parking area. It also great idea if has a lounge area on outside where
customer can relax and enjoy their meal. This will help the café location to be
more accessible such us for takeout orders where they can wait in the lounge
29
Product
The K'fame Friends Café has some of the best coffee, but they only have
limited choices for their snacks. For like example combo meals or barkada
meal. Since some most of the customer who visited in the Café are group of
people/friends. For new additional products, the combo meals and barkada
revenue, also other snacks and pastries. The barkada meals go well with
their coffee and other beverages which is different kind of fresh juices.
kind of street foods and 1 pitcher juice (lemon juice, iced tea, fresh calamansi
juice) for a budget friendly price that will surely the customer enjoy this set of
meal. By this, K’fame Friend Café can compete with other food industry,
increase its revenue, and continuously grow, and expand their business.
Price
K’fame Friends cafe is an expensive cafe. Since they are a start-up business,
pricing is the best strategy for this kind of problem. In which competitive
similar products, since services can vary from business to business while the
attributes of the product remain similar. Since cafes are the most common
30
business in the modern world, and as K’fame Friends has a lot of competitors
in the city. Therefore, they should consider and base their pricing according
prices at lower prices with quality products. Another strategy is for the K’fame
Friends Cafe to find a different supplier that also sells quality products but at
a lower price, to increase their sales and lower their prices so that many can
afford what they are selling.Thus, with this proposed marketing strategy,
more people will buy their products and dine in to their cafe, giving them the
Promotion
The K’fame Friends Café offered discount coupons to those customer’s first
order and consistent customer such as by through loyalty coupon card for
example purchasing worth 200 pesos will get 1 stamp and reaching 5 stamp
will get free your choice of drinks or foods. Also giving discount during
monthsary and anniversary of the café. The coupons serve as to increase the
amount of the customer who will return and back again in the café. The
try the offered products to advertise the café. Also using social media
platforms through Facebook and Instagram to be post and share about the
café information. Also to introduce the foods that are offered in café and in
that way it can attract more customer and make the café to be known. As the
31
friendliness. It can be branding the café, in which the café it seen a place
Year of 2022
32
Task/Activities Jan Feb Ma Ap Ma Ju Ju Au Se Oc No De
r r y n l g p t v c
Strategic
Planning with
our teams and
the owner of
the coffee
shop.
Proposal of
our Marketing
Plan
Analyze the
consisting
promotional
strategy of the
cafe.
Researching
of the target
audience. Year
Choosing/ 2023
considering
advertising
medium.
Choosing
form of
promotional
marketing.
Making new
different social
media, such
as Instagram
and
Facebook.
Making a
video
campaign
about the cafe
mission and
vision and
post it in new
social media
account.
Shooting of
new video
campaign.
Designing the
flyer.
Reviewing the
flyer and
video
campaign.
Publication of
video
campaign of
the cafe in 33
different social
media
Task/ Jan Feb Ma Apr Ma Ju Ju Aug Se Oc No De
Activities r y n l p t v c
Making
construction
plan for
expanding
the cafe, as
includes
interior and
exterior
design.
Proposing
the
renovation
plan to the
owner.
Requesting
a permit
from the city
hall for the
purpose of
construction.
Negotiating
a deal for
the food
delivery in
Victoria's
City.
Temporarily
closing of
the
establishme
nt but
continuing
selling of
products
through the
partnered
food delivery
in Victorias
City
Cafe
renovation
Monitoring
the progress
of the
ongoing
construction.
Promoting
the linked
food delivery
service in
their social
media and
flyer. 34
Making a
brochure or
Year 2024
35
Task/ Jan Feb Ma Apr Ma Ju Ju Aug Se Oc No De
Activities r y n l p t v c
Improving
and
promoting
their cafe in
social
media.
Searching
for an
influencer
that could
promote the
cafe to
his/her
followers by
advertising
the cafe.
Shoot with
influencer for
the
advertiseme
nt of the
cafe.
Inviting the
influencer
vlog the
product of
the cafe.
Launch of
the
advertiseme
nt in Radio
or in Social
Media
Making
brochure
and flyer
about the
new
advertiseme
nt with
vlogger.
Distribution
of the
brochure
and flyer.
Reviewing
the financial
sale of the
cafe.
Reviewing
online
presence.
Make a list 36
of the
additional
Implementation Plan
Year 1 (2022)
After presenting the marketing plan in K’fame friend cafe, in order to achieve
2022, we will make sure to consider the medium of the advertisement and
the form of the promotional marketing. The cheapest and easy way to
perform it, is to have a social media presence such as, Intagram and
will make a video campaign about the mission and vision of the
is essential to those who do not have social media. We make sure that the
our flyer is informative. These promotional marketing will help the cafe to be
the 4th quarter of 2022, we will make sure that the current meal we put on the
menu is something that the customer will like. In order to achieve this, we will
conducting a customer survey to determine the best food in the café that
choosing meals that will included in the menu like barkadas meal we will post
it in social media in order to update their customer. After we will review and
analyze the new implemented menu. In that, K’fame friend cafe their menu
37
Year 2 (2023)
In this year, If the new product innovation has a positive impact on the cafe,
we will develop a construction plan for expanding the cafe, including interior
and exterior designs, and we will request that the cafe will be closed for
nearly five months. We will find a food service delivery in Victorias City, such
as Tok tok and FF errands food service, to avoid a significant loss due to not
operating for months. Even if they are under reconstruction, they still sell their
save time, and we will continue to monitor the ongoing renovation to ensure
that the project is processed satisfactorily. Before the re-opening, they must
create brochures and flyers to market and update their customers about their
new menu and the reopening of the newly renovated café. In 3 rd quarter of
2023, the team will ensure that the cafe renovation is completed correctly.
coupons, in order to attract more customers, and also, mus offer the same
establishment.
Year 3 (2024)
38
In the 1st quarter of 2024 we will look for a famous vlogger or influencer that
could promote the cafe in her or his followers. Then, in order to attract more
cafe to vlog the k'fame friend café. Furthermore, this year is the ideal time to
launch the cafe's new advertising campaign across several social media
create a flyer and brochure for those who do not use social media to notify
them about the cafe. This year, we plan to achieve yearly sales of
selling as well as its online presence to ensure that they will make a
VIII. Budget
39
Friends Cafe. However, expecting to have an increase in customers with
time, and from this the forecasting will steady increase in sales by 10%
annually for the first five years. After the five year period the project sales will
P10,300,000.00.
%
Month 2020 Sales 2021 Sales Differences
Differences
January ₱530,000.00 ₱556,500.00 ₱26,500.00 5%
February ₱500,000.00 ₱525,000.00 ₱25,000.00 5%
March ₱505,000.00 ₱530,250.00 ₱25,250.00 5%
April ₱515,000.00 ₱540,750.00 ₱25,750.00 5%
May ₱520,000.00 ₱546,000.00 ₱26,000.00 5%
June ₱505,000.00 ₱530,250.00 ₱25,250.00 5%
July ₱497,000.00 ₱521,850.00 ₱24,850.00 5%
August ₱505,500.00 ₱530,775.00 ₱25,275.00 5%
September ₱490,000.00 ₱514,500.00 ₱24,500.00 5%
October ₱500,000.00 ₱525,000.00 ₱25,000.00 5%
40
November ₱520,000.00 ₱547,000.00 ₱27,000.00 5%
December ₱545,000.00 ₱572,250.00 ₱27,250.00 5%
Annual
₱6,132,500.00 ₱6,440,125.00 ₱307,625.00
Income:
% 2022 Sales 2023 Sales 2024 Sales 2025 Sales 2026 Sale
Month
Differences Forecast Forecast Forecast Forecast Forecas
January 10% ₱612,150.00 ₱673,365.00 ₱740,702.00 ₱814,772.00 ₱896,249.
February 10% ₱577,500.00 ₱635,250.00 ₱698,775.00 ₱768,653.00 ₱845,518.
March 10% ₱583,275.00 ₱641,603.00 ₱705,763.00 ₱776,339.00 ₱853,973.
April 10% ₱594,825.00 ₱654,308.00 ₱719,738.00 ₱791,712.00 ₱870,883.
May 10% ₱600,600.00 ₱660,660.00 ₱726,726.00 ₱799,399.00 ₱879,338.
June 10% ₱583,275.00 ₱641,603.00 ₱705,763.00 ₱776,339.00 ₱853,973.
July 10% ₱574,035.00 ₱631,439.00 ₱694,582.00 ₱764,041.00 ₱840,445.
September 10% ₱565,950.00 ₱622,545.00 ₱684,800.00 ₱753,297.00 ₱828,607.
October 10% ₱577,500.00 ₱635,250.00 ₱698,775.00 ₱768,653.00 ₱845,518.
November 10% ₱601,700.00 ₱661,870.00 ₱728,057.00 ₱800,863.00 ₱880,949.
December 10% ₱629,475.00 ₱692,423.00 ₱761,665.00 ₱837,831.00 ₱921,614.
Annual Sales
₱7,084,136.00 ₱7,792,554.00 ₱8,571,808.00 ₱9,429,007.00 ₱10,371,88
Forecast
Marketing Budget
with a total average income of ₱3,900,000 for 3 years. In this 3 years, 19.5%
of its each revenue per year which is ₱780,000.00 will be used in the
company. The budget summary will be presented in a chart form for the
plan.
Sales
41
Beverage ₱3,864,075.00
Food ₱2,576,050.00
Total Sales ₱6,440,125.00
Cost of Sales
Beverage ₱1,134,075.00
Food ₱1,050,040.00
Total Cost of Sales ₱2,184,115.00
Gross Profit: ₱4,256,010.00
Controllable Expenses
Salaries and Wages ₱1,200,000.00
Employee Benefits ₱200,000.00
Other Controllable
₱100,000.00
Expenses
Total Controllable
₱1,500,000.00
Expenses
₱2,756,010.00
42
Flyers 1000 ₱5,000.00
Business Card 1000 ₱5,000.00
Banners 50 ₱8,000.00
Brochure 3 ₱5,000.00
Public Relations and Events 3 ₱30,000.00
Social Media ₱5,000.00
Blogs ₱3,000.00
Website ₱3,000.00
Training 3 ₱20,000.00
Graphic Designs ₱5,000.00
Photographer/Videographer ₱15,000.00
Media Avertising ₱10,000.00
Marketing Team ₱50,000.00
Research Team ₱50,000.00
Operation Team ₱50,000.00
Outsource ₱10,000.00
Human Resource ₱20,000.00
Vloggers 2 ₱20,000.00
Others ₱46,000.00
Total Estimated Budget: ₱760,000.00
IX. Conclusion
marketing strategy that would best applied to K’fame Friends Cafe. According
to the research and analysis done for this study, many of the areas in the
establishment were executed carelessly, and the results were not positive.
Even though the coffee shop was generating profits, they were not enough to
compete with its competitors and grow their business. With the growing
new strategies and ideas by understanding the marketing trends that could
43
where it needed new ideas and new ways to do things. With the
improvements made by the student, the K’Fame Friends Cafe may improve
and will become more visible in the City of Victorias. Furthermore, many of
awareness and profitability. Thus, after the completion of the marketing plan,
we have all come to the conclusion that with the proposed marketing strategy
improve their products and services, expand their business, generate more
sales and profits, and be successful in this competitive field of Food and
Beverage Industry.
44
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