Preview

THtruemilk

Powerful Essays
Open Document
Open Document
4615 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
THtruemilk
I. INTRODUCTION:
Vietnam is gradually open the economy to well-come theere of international trade, which create a great incentive for any industry, including dairy industry, to expand production, enhance competition and better benefit domestic as well as foreign consumers. Dairy products offered in Vietnam market today, for that reason, become various. TH True milk, the young and potential producer in this industry, has been well-known as a domestic firm providing high-qualified dairy products with acceptable price. In the band new economy background, TH True milk also cope with severe competition, but still not only survive but also continuously get further step in dominating the domestic market. Fresh milk is one of TH group’s strategy, and an outstanding example of TH true milk’s success in term of market share as well. To clarify culprits for TH true milk’s prosper and also work out some suggestion for its further development, our group has managed to make some analysis of overall market, business environment, brand, customers and competitor s as well as SWOT matrix applied for the company itself. The marketing plan is composed of 5 main parts:
Firstly, in the part of current marketing situation , market situation, product review, competitive review, distribution situation would be clarified.Secondly, SWOT analysis indicates strengths, weaknesses, threats and opportunities to help company see through where they are standing in the dairy market and make decision to deal with: capitalizing on strengths, overcoming weaknesses, maximizing opportunities, and eliminating any threats or turning them into opportunities. In the next part, objectives and issues would be mentioned.. After that, marketing strategy including positionging, product, pricing and promotion strategy plus distribution strategy will be discussed. And based on the company’s strategies, the action program is established

II.CURRENT MARKETING SITUATION:
TH True milk was established in 2009

You May Also Find These Documents Helpful

  • Better Essays

    First, objectives are clearly established, followed by a situational analysis using a SWOT protocol. A market analysis is performed based upon the STP procedure, which directly leads to the marketing strategy. Financial projections are provided, along with strategy to implement the marketing plan, which leads to the final segment; evaluation and control metrics, which will be used to analyze the efficiency and effectiveness of the marketing plan.…

    • 2660 Words
    • 11 Pages
    Better Essays
  • Good Essays

    The following SWOT Analysis ledger is for First in Show Pet Foods Inc., new frozen dog food product “Show Circuit”. It displays the Internal and External factors that will affect “Show Circuits” introduction to the pet food market. Although “Show Circuit” will need to reshape its prospective target markets views on conventional dog food, it has a researched and proven formula that will provide an improvement in dogs’ coat shine. With the current market trend projecting an increase in dog food sales, the high production cost of “Show Circuit” will not be a strong external threat. With a good media strategy, store positioning, a creative market introduction, “Show Circuit” will be able to successfully compete with larger well known dog food brands.…

    • 555 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Kraft Foods

    • 6644 Words
    • 27 Pages

    After identification of problem of the Company, as well as goals and objectives in Section 2 and 3.1, situational analyses from different perspectives were performed. First, background of the Company, including product and up-to-date performance was introduced in Section 3.2. SWOT analysis, summarizing five key strengths, four key weaknesses (internal factors); seven opportunities and three threats (external factors) was presented in Section 3.3. After that, in Section 3.4, detailed market analysis, including market size and growth, market environment (both micro and macro environments), current and past marketing strategies, current marketing mix, consumer segments, market positions and competitions, was performed. This analysis provided a clear picture of the Company.…

    • 6644 Words
    • 27 Pages
    Powerful Essays
  • Satisfactory Essays

    marketing plan

    • 356 Words
    • 2 Pages

    In Vietnam, Vinamilk, Sao Mai milk, Ong Tho milk and some foreign milk such as True Milk are very successful. They are understood the needs of customer and they try to satisfy their demand such as providing nutrition, Healthy. Furthermore, they spend a lot of many to expand their image such as advertising. Milk market of Vietnam is competitive. It is a big challenge for news brand to enter the milk market of Vietnam.…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    This analysis is provided by the members of the marketing team at Natureview Farm, Inc., on behalf of Christine Walker, Vice President of Marketing. The purpose of this analysis is to provide a recommended course of action for the company to grow their revenues by 50% by the end of the 2001 through the use of SWOT analysis on the three recommendations proposed by the senior leadership at Natureview Farms. The findings will serve as the recommendation for Christine Walker to present to the CEO, Barry Landers.…

    • 2484 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Haagen-Dazs has been successful for over half of the century. What are the sources for these successes is always challenging marketers of Haagen-Dazs itself and the competitors as well. Preparing good marketing strategies is always the policy craved deeply into marketers teams. Having an overview of the current market situation of ice cream industry and Haagen-Dazs profile will provide some new insights for the future development of the company. Along with that, market segmentation, target, and positioning determined by Haagen-Dazs are worth dwelling deeply into. Before getting any further steps, considering carefully the external and internal factors that influence the operating of Haagen-Dazs is necessary in coming up with impressive tactics.…

    • 1683 Words
    • 7 Pages
    Good Essays
  • Best Essays

    Marketing Plan for Ice Cream

    • 4544 Words
    • 19 Pages

    The purpose of this marketing plan is to outline the parameters under which the idea of producing and marketing Vavavoom ice cream in the industry. Vavavoom ice cream is a new invented product that gives benefits to society. An evaluation will be made for Vavavoom Ice Cream Shop. The evaluation will incorporate a substantial amount of factors and various criteria, pertinent to the organizational assessment. An external analysis and appraisal of current and future market segments will also be included. The present segmentation approach will be analysed and future possible market segments, with a light to future expansion. Concerning possible future expansion, the possible impact on the current market will also be assessed. Resultant opportunities and threats will consequently be evaluated. This evaluation will be undertaken mainly from a marketing perspective concerning the situation at hand, incorporating various marketing applications and related methodologies. Consequently, the evaluation will lead to the discussion and assessment of a substantial number of marketing principles and the application thereof. The marketing environment, competitive and customer analysis will be undertaken. After this marketing analysis has been completed therefore, the actual answer concerning potential segments to be targeted regarding expansion will be forthcoming. All of product, price, promotions and place, could be considered as being part of the organizational resources strategy, target market and marketing mix, consisting of the actual marketing strategy.…

    • 4544 Words
    • 19 Pages
    Best Essays
  • Best Essays

    Haagen Dazs

    • 4253 Words
    • 18 Pages

    Haagen Dazs is the ice-cream brand, and the factory is in the Bronx, New York. This “Danish-sounding” brand comes to Vietnam on September, 2012. Vietnam ice cream marketplace is now active and competitive, with many opponents like Baskin Robbins, Bud’s and more. The marketing campaign is low-powered that just a small amount of Vietnamese people knows Haagen Dazs, because Haagen Dazs strategies seem not to be effective. Thus, a group of Marketing Department creates a plan to make a change for Haagen Dazs in the next 12 months.…

    • 4253 Words
    • 18 Pages
    Best Essays
  • Good Essays

    This report firstly provides an overview of Mengniu, which includes number of employees, assets, sales, performance, the type of products it provides, its location including an organization chart showing the formal structure of the organization, and other relevant background information. And then an analysis of the Chinese dairy industry 's external macro environment by using the model of PEST is made. This is followed by an analysis of the Chinese dairy industry 's environment by using the model of Porter 's Five Forces. Finally, an internal situation of Mengniu is made by using SWOT model, and recommendations are made for the implementation of the suggestion.…

    • 6450 Words
    • 33 Pages
    Good Essays
  • Powerful Essays

    Presentation on Facebook

    • 1398 Words
    • 6 Pages

    I have selected to write on the topics of Marketing Strategy, SWOT analysis and Target Market Selection as they are the topics that have interested me and are very precise points of Marketing. These topics can describe a company’s existence and how they plan to grow, what they have done so far to grow, their methods of Marketing and more information to the above mentioned.…

    • 1398 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Marketing of any product is an art. In this current world marketing is stands with a very important role for launching a new product. Marketing a product is becoming very difficult and definitely so tuft. Because in launching a product, first of all the main problem is the competitors of that particular product. If the functions of marketing are right than the product can be marketed successfully. In the current world 85% of new product failed to build its image. Because definitely there is some mistakes happened in the marketing process. So it is so difficult to identify the fault of launching a new product. If any company wants to survive, it has to differentiate with its product. If anybody failed to create any different with their product, that product will go in the dust box. The product should have value than it is easy to create the position in the customer mind. Because when the customer and the product understand their relation the equity can built automatically.…

    • 3652 Words
    • 15 Pages
    Good Essays
  • Best Essays

    Business

    • 2445 Words
    • 10 Pages

    With a reputed well known name such as reliance into the competition honey money has to consider the 4 aspects of the marketing mix: product , price , place and promotion. It’s the new changes and innovative methods and ideas which will keep honey money top superior than its competitors. With the main focus on the marketing mix, on the large scale it’s a complete SWOT analysis of honey money top regarding its marketing mix and what it can change. Porters five forces analysis will give an idea of all the factors and the nature of competition for honey money top. The creation and usage of a questionnaire will…

    • 2445 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Competitive Edge of Vitasoy

    • 5592 Words
    • 23 Pages

    In this study, the topic is ” Competitive edge of VITASOY”. I am going to study” VITASOY holding Ltd” and analyze the factors of marketing competitiveness of VITASOY. The business environment will be assessed by SWOT analysis and marketing mix. Besides, I am going to find out the reasons for the VITASOY success at the past .The current marketing strategies of VITASOY when facing the changing perception of customers as well as how can increase competitiveness in the future.…

    • 5592 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Milk and milk products cannot be stored for a long time; a great emphasis is put on their freshness. It is necessary to sell these products soon, and therefore businesses pursue to promote sales also with the help of temporary reduction of prices.…

    • 680 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The PGDM programme is well structured and integrated course of business studies. The main objective of practical training at PGDM level is to develop skill in student by supplement to the theoretical study of business management in general. Industrial training helps to gain real life knowledge about the industrial environment and business practices. The PGDM programme provides student with a fundamental knowledge of business and organizational functions and activities, as well as an exposure to strategic thinking of management.…

    • 11711 Words
    • 47 Pages
    Powerful Essays

Related Topics