Preview

Vinamilk Businesss structure

Powerful Essays
Open Document
Open Document
4526 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vinamilk Businesss structure
HOCHIMINH CITY UNIVERSITY OF TRANSPORT

Assignment

Unit: Marketing
Topic: Vinamilk Company

Instructor: Ho Cao Viet Student name: Truong Huynh Que Chi IEC1105

Submission date: July 28th, 2012

Contents
Contents 2
Introduction 3
Vinamilk is established in 1976. 3
It is a leading dairy in Vietnam with the market share 39%. 3
Distribute widely across the country and possesses high quality product. 3 http://www.vinamilk.com.vn/?vnm=market&id=18 3
This assignment will analyse and find out more about this company. 3
Part 1- Explore the concept of segmentation, targeting and positioning: 3
1.Identify macro and micro environmental factors which influence marketing decisions and explain how they apply to your chosen company. You should use analysis tools to apply to the company: SWOT, PEST, and Five-Forces analysis 3
- Strong domestic distribution 9
- Vinamilk can not entirely active in raw material. It has to import more than 50% material -> influences turn over of Vinamilk due to fluctuation in exchange rate (4) 9
- Although Vinamilk has strong brand name and good products, its marketing is weak and is not equivalent its advantage. For example, Vinamilk has 70% - 90% fresh milk while competitors have 10%, but Vinamilk do not have strong message to affirm its strength to consumers. (5) 9
- Marketing mainly in Southern of Vietnam 9
- Vinamilk primary focuses on domestic market (80%). Abroad market is low (20%) (6) 9
2.Propose major segmentation criteria that are used for two products targeting two different markets. 13
(1)http://vietnam.unfpa.org/public/cache/offonce/lang/vi/pid/5585;jsessionid=996D34D3C3E90DB4A909ED7439600AB1 15
3.Outline the factors which influence the choice of targeting strategy for two products in two different markets. 15
4.Explain how end-consumer or buyer behavior affects marketing activities for two products of the company and its retailers. 16
Part 2- Identify and analyze the individual elements of the extended

You May Also Find These Documents Helpful

  • Satisfactory Essays

    In the file MKT 421 Week 2 Discussion Questions 3 Marketing you can find solution of this question: "What are the different types of buyers and consumers? How does the type of buyer or consumer affect marketing strategy? As part of your response, consider the characteristics of buyers and the factors that influence their purchasing decision. How can an organization ensure that their market strategy is appropriate for their target market?"…

    • 385 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Describe the organizational buyers and consumers of your product or service and the factors that influence their purchasing decisions. Discuss how these factors will affect your marketing strategy.…

    • 448 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    M1 Unit 4

    • 3521 Words
    • 15 Pages

    2.1 Contemporary changes that occur within the macro and micro environment heavily influences marketing decisions. Using the case study illustrate this. (Outcome2.1)…

    • 3521 Words
    • 15 Pages
    Better Essays
  • Satisfactory Essays

    Unit 36 M1 T Copy

    • 332 Words
    • 2 Pages

    M1. Explain three different research methods that can be used to identify the target market of your business and justify the reasons for choice.…

    • 332 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mkt 421 Final Exam

    • 2828 Words
    • 12 Pages

    C. These strategies require decisions about the specific customers the firm will target and the…

    • 2828 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Wal-Mart Marketing

    • 1064 Words
    • 5 Pages

    The three common targeting strategies are niche-market, mass-market, and growth-market strategies. The niche-market strategy involves serving one or more segments that consist of a sufficient number of customers seeking specialized benefits from goods or services. Mass-marketing involves two approaches. The first is to design a single product marketing program that will appeal to the largest number of consumers. The second approach is to design separate products and marketing programs for differing segments. Growth-market strategy targets a growing segment that may not currently be very large, but it has great potential to expand. One example of this is that each Wal-Mart store, as they appear the same, offer different products for different markets. Wal-Mart also offers a unique store called Neighborhood Market that offers grocery items and…

    • 1064 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Mktg Plan

    • 842 Words
    • 4 Pages

    o Provide a detailed profile of each company’s primary and secondary target market (demographics, psychographics. etc.)…

    • 842 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Envo Factors

    • 376 Words
    • 2 Pages

    Write a 1,050- to 1,400-word paper in which you identify the environmental factors that affect global and domestic marketing decisions. Address the following as they relate to the organization’s marketing decisions:…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Describe the target customer for the product/service in terms of relevant characteristics that impact the marketing strategy, including location (how it is reached) and buying habits.…

    • 1602 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    business

    • 291 Words
    • 2 Pages

    1.3 Explain the factors that affect buyer behaviour. Your answer should identify and explain at least three factors which could influence buyer behaviour. Examples should be used in your explanations.…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Activity

    • 371 Words
    • 2 Pages

    1. Marketing provides consumers with choice. Identify two methods used by business to do this.…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Extended Marketing Mix

    • 255 Words
    • 2 Pages

    Learning Outcome Hints from Edexcel Criteria Links that may help you from Learnmarketing.net LO1 Understand the concept and process of marketing 1.1 explain the various elements of the marketing process 1.2 evaluate the benefits and costs of a marketing orientation for a selected organisation Marketing orientations LO2 Be able to use the concepts of segmentation, targeting and positioning 2.1 show macro and micro environmental factors whichinfluence marketing decisions 2.2 propose segmentation criteria to be used for products in different markets 2.3 choose a targeting strategy for a selected product/service 2.4 demonstrate how buyer behaviour affects marketing activities in different buying situations 2.5 propose new positioning for a selected product/service PEST Analysis Segmentation Consumer buying behaviour Targeting Positioning…

    • 255 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Vinamilk Swot

    • 1714 Words
    • 7 Pages

    Another remarkable factor that has actually strengthened Vinamilk’s leading position in the market is that it already holds a strong distribution presence which spreads nationwide, from urban to rural, coastal and mountainous areas. The distribution network is the decisive factor for the success of a consumer goods producer. Vinamilk is now operating agencies at grassroots levels like villages in rural areas, and almost all shops on the main streets of major cities sell Vinamilk products. In addition to the strong domestic distribution with the network of 183 agencies spreading over 64/64 provinces, cities, and Vinamilk products are exported to United States and many European countries as well as area of Middle-East and Southeast Asia.…

    • 1714 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Pestel Framework

    • 1009 Words
    • 5 Pages

    Socially, similar to world trends, the aging population in the country has opened up new opportunity for Fonterra to move in with its Anlene product, coincidentally at a time when mature markets like full cream milk come under heavy smear campaigns with global issues such as the melamine scare in China. Such incidents create negative perception on all powdered milk products that not only impact short term sales figures but also tarnish the brand loyalty Fonterra has established throughout the years (refer section 3 of Appendix01).…

    • 1009 Words
    • 5 Pages
    Good Essays
  • Good Essays

    This company is also able to find new ways to improve productive resources. This company does so with technological innovations, research, and development policy. Some of Parmalat’s most significant technological resources have allowed for the production of UHT Milk with infusion, and ESL Milk with microfiltration. Another example is how they improved their packaging. This was done by moving from glass to paper boxes. With the development of new technology, Parmalat is able to increase the quality of their products, which will lead to an eventual increase in…

    • 1221 Words
    • 5 Pages
    Good Essays

Related Topics