Marketing Plan
Marketing Plan
Marketing Plan
Executive Summary
SAIGON BEER - ALCOHOL -
BEVERAGE CORPORATION
1992
introducing the bottle of Sai Gon Lager beer
Mission
Goals
Business Summary
Competitive Advantage
VISION TIL 2025
Advance the quality of life through providing the high quality, safe
and healthy beverages
Bring the essential benefits for the shareholders, the customers, the
partners, the labour and the society.
Business Summary
B2B
Saigon beer has the highest market share in the industry for many years .
Saigon beer has become the traditional flavor of most Vietnamese . Traditional brand:
The superiority of a traditional brand is built and confirmed over time. Customers
have many choices and be well taken care of the services. SABECO has become a “top
of mind” in the hearts of customers.
Market size
Market Growth
Market Needs
Market Trends
SWOT Analysis
Competition
Company Analysis
Customer Analysis
Situation Analysis
Beer witnessed stronger total volume growth in 2016 than in 2015, despite the
rise in the Special Consumption Tax from 50% to 55%, which was implemented
on 1 January 2016. Positive economic conditions in Vietnam boosted
consumers’ disposable incomes and led them to shift from unbranded to
branded beer, as they sought quality and taste. Beer players, particularly
foreign brands, were also keen to expand in Vietnam, as they sought to
capitalize on this opportunity. The increase in the number of modern grocery
retailers and on-trade establishments further supported this trend.
b.Competitor:
Competitor
identification
Competition
Competitor identification
c.Intermediaries:
Saigon beer intermediaries
d.Customer:
- Customer market: Saigon beer focuses mostly in domestic market,especially in Ho
Chi Minh City. Male with the age of 18 to 50 who are in middle class, and has
medium of disposable income is Saigon beer’s target market.
• - International market: In addition to domestic market, Saigon beer
also exports to more than 17 countries such as Japan, Malaysia,
Singapore,Holland, France, Switzerland, Denmark, Britain,
Canada, USA, Australia,etc
Macro environment:
a. Legal and Political:
- According to the current policies of Vietnam Government in 2005, alcoholic drink
is taxed at a rate of 75%.
- The table below shows how much money businesses must pay for taxes when the
new policies are applied
b.Economic:
The Economy Crisis and then the inflation seem not to be much affected to the
consumption of beer. In fact, Vietnam has a very high the inflation rate compared
with other countries and regions and it grew up really quickly over seven years
ago.However, the consumption rate for beer still increases and the development of
Beer Industry has grown up from 12% to 14% in 2008.
The GDP per capital of Vietnamese had increased in last 10 years. As
the information above about inflation, beer is a convenience goods so
when the income increase, the demand for beer also grow up.
c.Social:
The culture in Vietnam also affect to the consumption of beer. First of all, the habit
of Vietnamese people has changed for the kind of drinks.
According to dantri.com, Vietnamese drinks average 18 liter per year in 2008 and can be increase to 28 liter
in this year. Secondly, in some traditional holidays, especial in Tet’sholiday, the consumption increases
steeply. Government estimates that consumers spentapproximately 7.000 billion VND for buying beer in
Tet’s holiday in 2009 (7000 billion VND drink Tet 2004). Moreover, Vietnamese likes to drink beer when
they do the business.
Evaluation metrics and Control
Competition
Competition
Imported Domestic
Average Beer Laos, Angkor… Hanoi, Saigon export, 333, Tiger, Tiger
light, Tiger Crystal…
Business Customer
While SABECO sells more beer than any other brand in Vietnam,
no SABECO brand is in the top 3 in brand recognition and
usage.
Select target market
• Vietnam currently has a young
population of about 33 million people in
the age group of 20 to 40, with the
highest consumption rate of beer
products. Vietnam's economic growth
rate in the period 2008- 2010 is
forecasted to reach over 8%. GDP per
capita will reach $ 1000 by 2010,
boosting demand for beer products,
especially high-end beer and medium-
grade beer. This will ensure the future
growth of the Vietnamese market
Market segmentation
- By geographical area
- According to income
- By age
By geographical area
Vietnam's population is
young with 85% under
the age of 40,
influenced by the trend
of "Western European"
lifestyle will create a
large beer consumption
market.
Determine the target market
- Saigon Beer Company identified the target market of the company is the
people aged 22 to 49 working in enterprises, civil servants and the main subjects
concentrated in the city, the town
- For those who have a good middle income, there are items to meet their needs
in a more reasonable way that is beer bottles and cans have light concentrations
User Positioning
Saigon Foreign Hanoi Craft
Lager or pilsner X X X
Ales and specialty beers X
Bottles and cans X X X
Draft X X X
Premium beer X X
Low-priced beer X X
International market Limited X
Local Breweries X Some X X
Regular promotions X
Strong brand awareness X X X
Strong social media X X
SWOT Analysis
Strengths Weaknesses
Reasonable price for most of Vietnamese people. Lack of advertising and promotion campaign.
More than 30 years of Vietnamese industry Old and traditional design.
experience. Unskilled employees.
Being a market leader with 35% of market share in Not enough information given to retailers on how to
value in 2008. store products.
First mover advantage. Not well-prepared waste solution system.
Wide delivery network throughout 40 cities and Inconsistent from creating strategy to implementing
provinces in Vietnam with more than 1200 distribution in order to outstanding of other brand of SABECO.
places.
Local and international source of materials.
High closed-line production technology.
Widely recognized in Vietnam and some other
countries such as Thailand, USA,UK, ect..
Opportunities Threats
Beer is a high potential market in Vietnam. Instable laws and policies in Vietnam.
Vietnam joined WTO more opportunities for Increasing price in fuel cause high cost of deliveries.
exports, lower price for raw materials. Vietnam joined WTO tougher competition with
More and more young people into drinking. international company such as Budweiser.
Vietnam has a young population which is average Fluctuating raw material costs threaten profitability in
28 years old which can increase market size. a competitive market in which higher prices cannot
A potential multinational corporation partnership easily be passed on to consumers.
would take advantage on management style, Natural disasters affect sources of raw materials.
technology, etc. for the brand development. People perception tends to use healthy products such
The break out in technology, in Internet service as green tea, bird nest, fruit juice,..
Great opportunities for E-commerce.
Young and educated population great source of
labor
Strength Weaknesses
Opportunities Develop online Business to Business Organize training to get skilled local employees
transaction, between supplier and company, in lower cost.
or between company and whole sellers or Based on the belief of Vietnamese people,
shop. develop contest or recuitment campaign to attact
Expand exportation to more countries. potencial customer.
Promotion campaign for special events/ Establish bottle/ label design contest.
holiday, or for bundle purchase. Online advertising.
Improve public relation on charity works for
the poor.
Threats Invite nutritionist to write good things Using lobbyists to persuade Govemment for a
about beer, improving the good side of using lower taxation.
beer. Redesign market channel.
Design new product that can be drunk by Research for move raw material sources.
younger people with lower alcoholic Publish storage information manual for
percentage. retailers.
POINTS OF DIFFERENCE
*Distribution strategy
PRODUCT STRATEGY
- HEINEKEN : Always loyal to the traditional blue. - SABECO : Sabeco continuously repositioned
and upgraded its products.
⇒
*PROMOTION STRATEGY
High price
Low price
Low quality
DIRECT COMPETITORS
VS
COMPETITIVE FRAMEWORK
Future Goal Assumption
• Introducing a sustainable agricultural sorghum project
that is helping to alleviate poverty in Sierra Leone
• Reducing road transport by 100,000 trucks annually and
reducing CO2 emission by 35% in the Netherlands by
Blind point
using an in-land shipping terminal to transport export-
• Heineken has a conservative and safe play culture. The
beer to the ports of Rotterdam and Antwerp
company had struggled to obtain larger Breweries.
• Replacing fridges issued to customers that will be based
• Young Beer drinkers don't prefer Heineken
on ‘green’ technology
• Prices are costly when compared to domestic market
• Investing in new brewing technology in Seville, Spain,
such as $10 would be for six packs and in the domestic
leading to a 40% reduction in water consumption,
market it is $7 for six packs.
making it one of the most efficient breweries in the
world in terms of water consumption
• Developing a CO2 neutral brewery in Austria
Levels of product
2.Price
a.Currently available price:
Ex for Saigon Export
Wholesale price Market price
5,000VND 9,000VND
b.Pricing strategies:
a.Location:
Shops selling Saigon Beer are allocated not only in most of cities in Vietnam such as Hanoi,
Da Nang and Ho Chi Minh but also in foreign countries such as Canada, United Stated,
Russia, etc.
b. Marketing channel:
•Until now, SABECO already has more than 1,200 distribution channels throughout Vietnam.
•SABECO should do the administered vertical marketing system, and they alsohave
wholesaler franchises that are sponsored by the factory for banner, billboards, etc.
4.Promotion:
a.Advertising:
b. Sales Promotion:
•“Who drink beer faster?” contest, giving free sample beer and prizes for winners.
•Contact with some newspapers and magazines for giving small discount of coupons to promote people buy beer.
•Establish booths in front of some big super market from 7pm to 9pm to give out free sample for people to try. This
should be applied especiallyfor new products such as fruit beer.
c.Public Relation:
•Doing charity works : SABECO has done many charity works to improve their society friendly. This should be done
• Invite nutritionist : It is recommended that SABECO should invitenutritionists to establish some new conferences and
talk the benefits of drinking beer
d. Personal Selling:
Sale people employed by SABECO are responsible not only for sending information about the company, the products to
customer, but also to receive feedback from customer.
•Recommended compensation:
+Motorbike.
+Holiday trip.
•Recommended incentives:
+Commission
+Cash awards
e. Direct Marketing:
•Online marketing: sending email to customer to announce the special offers,and other
information about company.
Objective—Growth
Marketing Objectives—Growth
Financial Objectives
Quarter
Quarter Quarter Quarter
BUSINESS 3/2016
4/2016(01/10 1/2017(01/01 2/2017(01/04-
RESULTS (01/07-
-31/12) -31/03) 30/06)
30/09)
Net revenue 7,073,055 8,833,506 7,478,134 8,300,569
Gross profit 1,953,825 2,258,121 2,505,962 1,887,214
Net profit from
business
activities 1,486,935 1,105,778 1,435,135 1,499,986
Net profit after
tax 1,272,956 996,773 1,187,963 1,237,042
Profit after tax
of shareholders
of parent
company 1,228,453 927,246 1,126,781 1,167,774
BALANCE Quarter Quarter Quarter Quarter
SHEET 3/2016(01/0 4/2016(01/10 1/2017(01/01 2/2017(01/04
7-30/09) -31/12) -31/03) -30/06)
Sabeco Revenue ('000 VND) 24,006 25107 27144 30569 32,403 34,347 36,408 38,593
Sabeco Revenue ('000 VND) 24,006 25107 27144 30569 32,403 34,347 36,752 39,692
• Enter into international beer
competitions so that Saigon Limited
becomes known regionally and globally,
to prepare for the international launch
of Saigon Limited in 2020.
PROMOTION
PR 300,000,000,000 300,000,000,000
Christmas TV advertising
Supermarket TV screens, 10,748,000,000 10,748,000,000
“Snow-town’’ Frame Media, Frame Poster
(26/11/2018-
26/12/2018) Standees, posters. Flyers,
94,500,000,000 94,500,000,000
displays, postcards
2019
Event name Content and form Single price (VND) Quantity In monetary (VNĐ)
PROMOTION
PR 300,000,000,000 300,000,000,000
Christmas TV advertising,
13,396,000,000 13,396,000,000
“Snow-town’’ FB advertising
(20/12/2018-
26/12/2019) Standees, posters. Flyers,
94,500,000,000 94,500,000,000
displays, postcards
PR 10,000,000,000 10,000,000,000
PR 300,000,000,000 300,000,000,000
Christmas TV advertising,
13,396,000,000 13,396,000,000
20/12/2020- FB advertising
27/12/2020
Standees, posters. Flyers,
94,500,000,000 94,500,000,000
displays, postcards