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NAM NGU - 4Ps (Marketing Strategy)
NAM NGU - 4Ps (Marketing Strategy)
1. PRODUCT
- Any fish can make fish sauce, but Masan producers only choose to use fresh
anchovies. To ensure freshness, fish will be mixed with salt right on the boat
after catching.
- Chinsu fish sauce has 2 main versions: Red Label Nam Ngu Fish Sauce
(packed in plastic bottle) and Yellow Label (packed in glass 500ml and in
plastic 650ml).
- There are different weight forms of each version:
Chinsu Nam Ngu Fish Sauce
500ml
900ml
500ml
Yellow label
650ml
2. PRICE
The strategy for selling Chinsu fish sauce is Penetration pricing, which is the
price is set low initially to attract customers and gain market share, and then
gradually increased over time as the product becomes more popular and
recognized.
900ml 59.500VNĐ
500ml 58.000VNĐ
Yellow label
650ml 45.000VNĐ
3. PLACE
Masan’s fish sauce, a leading brand in Vietnam, has overcome challenges to
expand globally. It’s now exported regularly to over 20 countries, including
discerning markets like Korea, Japan, Canada, Taiwan, and Europe.
4. PROMOTION
- “Buy One Get One Free”, often abbreviated as “BOGO”. This is a
popular promotional strategy where customers receive an additional
product free of charge when they purchase one.
#https://egrocery.asia/masan-chinsu-fish-sauce-good-for-health.html
# https://mamnamngu.com/nuoc-mam-nam-ngu.html