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Jakkcompanion
Jakkcompanion
A Business Proposal
University of Makati
Submitted by:
Domingo, Kathrina L.
Necor, Angelica L.
Tayo, Jessica A.
Submitted to:
May 2022
UNIVERSITY OF MAKATI
COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
TABLE OF CONTENTS
Executive Summary
Introduction
Marketing Plan
Industry Analysis
Competitors Analysis
Marketing Strategies
E-Marketing Strategy
Management Plan
Mission
Vision
Business Objectives
Business Ownership
Organizational Chart
Technical Plan
Vicinity Map
Gantt Chart
Production Plan
Financial Plan
Income Statement
Survey Questionnaires
Legal Documents
Barangay Clearance
Member’s Profile/Resume
UNIVERSITY OF MAKATI
COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
INTRODUCTION
Handicrafts and home decor products are increasingly popular nowadays. It's
also known as craftwork or simply art, and it's a sort of work in which practical and
aesthetically beautiful objects are made by hand using only the most basic materials
economical, and multifunctional home decors. We wanted to develop a solid name in the
market as we expanded and grew so that people might support what we planned to sell.
in mind. Other eco-friendly attributes include the use of sustainably grown or raised
expertise, ideas, and skills in developing this business, as well as their similarities and
vision, and competence, and vice versa. The manufacturing company and the real store
that every product we offer is environmentally friendly and that every household will be
Every house wants home décor to create a friendly place. It both generates the
materials and products into new product creations that serve several functions and
purposes in every home. We'd like to make eco-friendly home decor items including wall
Offerings/Products
Round clock
hanging
Color: Gold
Round mirror
hanging
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
surface
companies. We have a distinct unique value proposition for every target market in order
indicates a lean startup of every business owner in the process of beginning a company
with just personal savings, including borrowed or invested funds from family or friends,
as well as profits from initial sales. It could include any charges related to the business's
legitimacy and DTI permits, as well as raw materials and other extraneous costs.
MARKETING PLAN
Industry Analysis
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
We are using Porter's Five Forces in our industry analysis to
support and guide us in evaluating how competitive our business will be in the market.
Competitive rivals, possible new market entrants, suppliers, customers, and replacement
business and identifying areas where its strategies can be adjusted to boost profits.
Innovating new products that not only brings new customers to the fold but also
Focus on innovation to differentiate its products from that of new entrants. It can
the buyers. When suppliers are few and demand for their offered product
Experimenting with product designs using different materials so that if the prices
Find the alternate ways of producing the product if product demand is high
Strong bargaining power lowers profitability and makes the industry more
competitive.
the market.
Services
Understanding the needs of the customer rather than what the customer is
buying.
Focus on differentiating the products. This will ensure that buyers see its
products as unique and do not shift easily to substitute products that do not
strong pressure from the rival firms, which can limit each other’s growth
potential.
Competitors in ecohomely
Focus on differentiating its products so that the actions of competitors will have
This Porter’s Five Forces can help Ecohomely to determine the industry
attractiveness and understand its competitive positioning in the market. The analysis can
also be used to make some strategically wise decisions that could improve the
Profiling, including customer surveys, interviews, personas, and other resources, to get a
thorough idea of the type of customer we're trying to reach with our marketing strategies.
Furthermore, we can discover about their lifestyles, pain points, and objectives as we
products that are not only aesthetically pleasing but also environmentally
responsible.
Pain Points
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
I was just curious about eCohomely and how they sell
their products while still advocating for protection of the environment. I've never had a
problem with a previous purchase of decor and I budget my finances very well.
Also, when I purchase decorations, I assess whether they are required or appropriate
for my space.
When I have free time and am in the mood to look for home decorations, I
have a habit of spending a lot of time online looking for something sustainable.
Personality
therapeutic.”
environmentally friendly materials, but because I think it's more special when it's
done by hand and it's of great quality. And I believe it is less expensive.
Pain Points
including myself, are always hesitant in purchasing items online. It may look good
In images, but who knows if it will be real once we receive it. And it's difficult for
breadwinner of my family.
and time online, especially during this pandemic, when everything I/we need is
found on the internet and I purchase most of my stuff or home decorations from there.
Personality
Actually, I'm not much of a decorator, but when I see something attractive
that captures my attention, I'm tempted to purchase it. I've always assumed that
generations. I'm glad that you offer environmentally friendly products, which has
grabbed my attention in purchasing from your business. Your product not only
benefits the environment, but it also benefits other buyers looking for affordable
decorations.
Pain Points
I'm not sure if the product needs electricity, will last a long time or whether it will
for our daily living. Instead of buying decorations, I'll buy what we really need first
as we're in the midst of a pandemic, and I don't even get a salary as a volunteer.
don't shop online as other people do; otherwise, I prefer to go to Baclaran or a mall
and profitable thing to do." I'm looking forward to seeing you achieve your Ecopreneur
goals."
Competitor Analysis
followed
purchase processes
at good prices.
items can be
purchased.
• Retailers Application
• Flyers
design and
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
design life
Complicated clearly
Facing
Different Country's
Laws
financial crisis
Marketing Mix
Product
company aims for sustainability as well as low price eco home decors.
The pricing set for the home decors of Ecohomely will vary based on the
cost of the materials used in recreating the items as well as the price of the
Cardboard
Secondhand Wood
Cardboard
Place
For those who like to come, eCohomely will have a physical store where
they can choose and experience our products in person. Our company will be
placed in an area where there are no other businesses such as ours, which will
be advantageous to us.
Promotion
Promoting our eCohomely business involves the application of effective
strategies, as well as the best sales channels to reach a broader audience. As
a result, we will utilize a differentiated marketing strategy to advertise our
business, including social media sites like Facebook, Instagram, TikTok, and
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
Twitter, as well as flyers and brochures with extensive product
information.
Marketing Strategies
1. Catalogue distribution
piece or an online store, hoping to sell at least one item to the recipient.
2. Pre-launch Giveaway
One of the most popular ways to do this is with pre-launch giveaways and
exchange for them helping get the word out like Instagram contests, creating
base of traffic to promote your new product to. For your search engine
optimization strategy to work, you need to give users information of use to them.
related topics that consumers will be interested in reading about. The goal is to
get the users themselves to share your content, bringing traffic to your website
on a regular basis.
5. Remarketing
utilized your mobile application. This system is an especially savvy method for
increasing your sales transformations, since you're contacting clients who have
purchases.
they tend to have loyal audiences that follow their recommendations. Organize
However, be sure to keep in mind that you can’t buy their opinion or
Have a reliable system for customers to reach you whenever they need to
encourage users to visit it before reaching out to you with their questions.
Directly and easily conveys a message to the audience which is not only
such as our eco home decors, will surely assist the company not only in
E-Marketing Strategies
1. Email marketing
Make a data set with your clients. The more data you have on every
single one of them, the better. Contemplate things like age, area, assuming they
have any youngsters, and obviously, past buys or items they have shown interest
in.
2. Social Media
environment.
4. Websites
This will make it quite simple for individuals to find and understand about
our business, learn about what we do, and get answers to a variety of queries
they may have. People will be able to find our company when they use a search
Mission
kind of high quality that are affordable with as many customers as possible.
Vision
ambiance that echoes the wishes of our customers' hearts, ensuring complete
satisfaction of our partners' and clients' needs and bringing their lifestyles into harmony
with nature.
Objectives
Short-term Objectives
products.
Long-term Objectives
innovative products.
business.
Business Ownership
individuals behind the business are four members who integrate various ideas,
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
expertise, and share risks, profits, and losses in order to establish
We will also be able to form a partnership with the following industry to boost
Logistics partners
Kathrina L. Domingo
CEO
Financial Head
Angelica L. Necor
COO
Product Design Head
Jessica A. Tayo
Kristine Mae M. Lagrimas
Board Member
Board Member
Supply and Procurement
Marketing Head
Head
Financial Head
Ensure that all accounting and reporting auditing activities adhere to financial
regulations.
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COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
processes.
Marketing Head
Collaborate with key individuals to ensure that the company's standards and
TECHNICAL PLAN
Vicinity Map
April 2022
UNIVERSITY OF MAKATI
COLLEGE OF BUSINESS AND FINANCIAL SCIENCES
May 2022
FINANCIAL PLAN
Sales Report
March 2022
April 2022
JAKK Companion
As of May 2022
Assets
Current Assets
Cash ₱ 2,000
Inventory 700
Fixed Assets
Liabilities
Marketing Activities 0
Owner’s Quity
JAKK Companion
Income Statement
March April
Operating Expense
Transporation 100 45
JAKK Companion
March
Cash Inflows
Sales ₱ 996
Inventory 700
Cash Outflows
Advertising Expense 0
JAKK Companion
April
Cash Inflows
Sales ₱ 1,185
Inventory 700
Cash Outflows
Transportation Expense 45
829