Untitled MKT304 Group Assignment IMC Plan for Bitis Intergrated Marketing Comunication (MKT304) 3 0 BITIS IMC Program MKT304 Group project Class MKT1601 Group members Đoàn Lê Phương Linh Phan Bằng An[.]
Trang 1MKT304 - Group Assignment - IMC Plan for Bitis Intergrated Marketing Comunication (MKT304)
Trang 2BITIS IMC Program MKT304- Group project
Class: MKT1601
Group members:
Đoàn Lê Phương Linh
Phan Bằng An
Lê Tuyết Anh
Nguyễn Trang Nhung
Ngô Mạnh Trường
Table of contents
1 Introduction
1.1 Company
1.2 Product
1.3 Objectives
2 Analysis of Promotional Program Situation
2.1 Internal analysis
2.1.1 Promotional/ Marketing Department organization
2.1.2 Firm’s ability to implement the promotional program
2.1.3 Agency evaluation and selection Review of previous program results 2.2 External analysis
2.2.1 Consumer behavior analysis
2.2.2 Market segmentation and target marketing Market positioning
3 Analysis of Communication Process
3.1 Analyze receiver’s response processes
3.2 Analyze source, message, channel factors
3.3 Establish communication goals and objectives
4 Develop Integrated Marketing Communications Program
4.1 Advertising
Trang 34.2 Direct marketing
4.3 Digital/Internet marketing
4.4 Sales promotion
4.5 Public relations/publicity
4.6 Personal selling
5 Budget Determination
5.1 Set tentative marketing communications budget
5.2 Allocate tentative budget
6 Evaluate promotional program results/effectiveness (How/ tools)
7 Conclusion
1 Introduction
1.1 Company:
- Biti's (full name: Binh Tien Consumer Goods Manufacturing Company) is a brand specializing in manufacturing shoes and sandals in Vietnam, established
in District 6, Ho Chi Minh City in 1982
- Slogan:Tender Care of your feet - Nâng niu bàn chân Việt
1.2 Product:
- That Central - the source of creativity for the most advanced design - Biti's Hunter Street x VietMax | Bloomin' Central, accompanying artist Viet Max:
- 1 pair of SHOES – 3 VARIABLES (3-in-1) Diverse style variations from Low-Top to Mid-Top & Mid-Top Reverse
- FLEXIBLE VERIFYING APPLICATIONS: The exterior is rough but opens with brocade brocades of various colors - like the soul of the Central people from extreme poverty, still romantic to sharp, talented, unique, and proud
- UNIQUE CULTURE INSPIRATION As the "real" husk, first incorporated into the sole, rough but elastic, high strength - As human capital is optimistic, constantly rising
- MEDICAL MANUFACTURING, MULTIPLE DETAILS - This is the shoe that invests in creativity & explores the most diverse materials in every detail, all aimed at portraying the harsh but quintessential gut And especially, the brocade woven fabric represents cultural interference - a combination of the motifs of the Central Highlands ethnic groups & the patterns of Cham ethnic origin - creating diversity and strong spread of Vietnamese culture Culture of the Central region - depicting a person who is sharp, talented, unique, and proud
1.3 Objectives
Trang 4- Bitis targets all types of customers from workers with average wages to the upper class in society, from the elderly to children Every customer becomes the target market of the business The business will meet the needs of all customers for the types of products they need
2 Analysis of Promotional Program Situation (NHUNG)
2.1 Internal analysis
2.1.1 Promotional/ Marketing Department organization
Biti's organizational structure follows a hierarchical org chart which is the pyramid-shaped organizational chart It's the most prevalent organizational structure, with a chain of
command that runs from the top (e.g., President, Vice President) to the bottom (e.g.,
entry-level and low-level employees), with each employee reporting to a supervisor
Mr Cuong Nguyen is the head of Biti's marketing department, which employs 80 people, including managers and staff In the areas of market research, consumer behavior, product marketing, and product promotions, the Marketing Department advises the Board of
Directors
2.1.2 Firm’s ability to implement the promotional program
Biti's, which was founded in 1982, creates designs and manufactures for the domestic and international mass market Biti's is Vietnam's No 1 footwear brand, producing and retailing shoes and establishing a reputation for high-quality products Biti's is a 34-year-old footwear brand that also contributes significantly to Vietnam's economic development
To assess the ability to apply for the company's promotion program, let's take a look at Biti's SWOT A SWOT analysis is a list of your company's strengths, weaknesses, opportunities, and threats The fundamental goal of a SWOT analysis is to assist firms in developing a complete understanding of all the aspects that go into making a business decision
STRENGTHS
Biti's is a long-lasting brand with a
memorable slogan: "Biti's looks after
Vietnamese feet."
A good reputation in durability
Manufacturing technologies and a strong
workforce: Skilled and dedicated workers
with Taiwanese technology application
Having a wide network of retailing and
stores: 7 franchise centers and over 2300
local stores in 40 countries
WEAKNESSES Poor product design combined with a lack
of eye-catching color results in an unattractive product
Inadequate client service: Channels of consulting that haven't been completed, websites for online sales that aren't good, and limited sales channels – no company with an internet presence
Marketing tactics are still being developed: Inadequate digital marketing and marketing strategy on target consumers is unclear
Trang 5Lower price than international brands and
suitable for young people
OPPORTUNITIES
"Vietnamese people emphasize using
made-in-Vietnam Goods," according to the
customer's viewpoint
Government advice encouraged people to
buy more domestically produced goods and
Vietnamese consumers' faith in the brand
Market development in the mid-range
market category
Extends to markets: Market-opening
policies as a foundation and government
and other country motivation
THREATS Low-cost footwear imported from China Domestic labels like Thuong Dinh
International brands like Adidas, Nike, and Converse
The shift in client preferences
Decreased demand
2.1.3 Agency evaluation and selection and Review of previous program results
The previous marketing program of Biti's is the “Biti's HUNTER MARKETING
STRATEGY - VIETNAMESE SPORTS SHOES”
Biti's brand has long been associated with the notion of an established if rather old
Vietnamese brand The arrival of Biti's Hunter, on the other hand, is like a breath of fresh air
in the Vietnamese sports shoe market, and it is seen as a remarkable rise of the Vietnamese shoe brand
Biti's has a fresh look and a new look from Vietnamese customers thanks to fearlessly
choosing a new direction in comparison to the past, as well as employing an effective
marketing plan
Biti's Hunter is designed for "skillful hunters" and is as light as a feather Biti's Hunter is one
of the lightest Vietnamese sports shoes available while maintaining a high level of quality and design Depending on the design and color, the pricing ranges from 400,000 VND to 650,000 VND This captures the essence of the company's popular slogan, "Beware of Vietnamese Feet."
Biti's distribution system in the domestic market includes two branches, two trade centers, two business centers, 33 marketing stores, and over 2300 agents - stores dispersed across the
Trang 6country, making purchases very convenient This is a system of indirect distribution Agent for the manufacturer, and retailer Consumer Wholesaler is also available through online retailers like Lazada, Tiki, and Lotte Biti's uses a centralized distribution approach to sell products throughout the market region, to bring as many things into the market as possible Biti's gains market share and revenue as a result of this
Through this strategy, Biti's can have some advantages: Creating a vast coverage area and quickly introducing the Biti's Hunter brand image to consumers without Biti's having to invest a lot of money On the other hand, for starters, managing such a distribution system will be challenging Stores can compete on pricing to sell a large number of items, resulting
in distribution channel conflicts Biti's stores may be present in the market, thereby allowing buyers to compare the quality of Biti's Hunter products to that of potentially inferior goods, thus impacting the Biti's Hunter brand
2.2 External analysis
2.2.1 Consumer behavior analysis
Buying Behaviour
Currently, the trend of globalization is increasing, and people's living demands are
continually evolving, necessitating individuals to be active, dynamic, and on the go to
harmonize with the rest of the world, to adapt to the present world Young people like
students Students, who are healthy young individuals with lots of energy, have a greater need
to be active than the general population Not only that, but they are also eager to demonstrate their characteristics through their appearance In addition to their appearance with trendy clothes, they need to invest in a fashionable pair of shoes that match their style and
personality, giving them self-confidence as well as comfortability
The Reason For Buying Shoes
According to research, when it comes to buying shoes, the model is the most important factor for 66.4 percent of online survey respondents and 56.1 percent of offline survey respondents This demonstrates that young people enjoy following fashion trends and pay close attention
to models The design of the shoes can assist the wearer in expressing their particular style or revealing a portion of their personality As a result, design is crucial and has a significant influence on consumer purchase decisions When accounting for 37.4 percent in online surveys and 24.4 percent in offline surveys, the price element is equally relevant
Brand Awareness
According to the survey, there are 100% "Yes" answers in the offline survey, 88.8% in the online survey, which shows that the advertising or communication activities of Biti's Hunter products are quite effective Moreover, the majority of people who know about Biti's Hunter products are young people
Trang 7Most people know Biti's Hunter through advertising, with 50% in the offline survey, 44.9% in the online survey, showing that the advertising campaign of Biti's Hunter products is quite successful Thereby showing that advertising campaigns are very important when you want to bring products closer to customers Knowing about the product through a celebrity accounted for 31.8% of the online survey, and 24.4% of the offline survey This is understandable because the audience of Biti's Hunter product is young people, so in the PR campaigns and advertisements of the product, there are singers who are very popular with young people like Son Tung MTP in the MV "Lac Troi" brought the product Biti's Hunter or similar to Soobin Hoang Son in the MV "Di de tro ve" And this campaign is quite effective as shown by the survey results as well as causing fever among young people in the second half of 2016 In addition, the survey subjects also learned about Biti's Hunter products through their friends 2.2.2 Market segmentation, Target market and Market positioning
Market Segmentation
Demographic
- Gender: male and female
- Age: 17-25
- Income: from middle-class people who aren't as price sensitive
Psychographic
- Lifestyle: today's vibrant young people enjoy exploring and are enthusiastic about tourism They want high-quality sneakers in a trendy design at a reasonable price
Behavioral
- Personal needs: When purchasing a product, customers frequently consider a variety of styles, colors, and other factors Shoes should be chosen following one's personality and way
of living
- Work needs: The product must be highly specialized, durable, and user-safe
- Communication needs: The product must be courteous and formal to the users
Target Market
Most of Biti's products have so far been aimed at people in the lower middle and working classes But Biti's Hunter targets young people in the medium and higher middle classes who are less price-sensitive, with a price range of 500,000 -1,000,000 VND (21.5-43 USD)
Market Positioning
Selecting the Most Effective Competitive Advantages
Biti's has developed the Biti's Hunter product with spectacular colors, youthfulness, and modern designs, and Hunter will give you the character the merits of craftsmanship
Choosing an Overall Positioning Strategy: "THE SAME FOR LESS"
By launching a brand that offers equal quality at a lower price, Biti's can challenge a
competitor's more-for-more positioning, such as Nike or Adidas The price from 400.000
Trang 8VND to 650.000 VND is regarded as reasonable when compared to the quality and
distinguishes Hunter from other sports shoes on the market
Market Positioning through Social Media and Promotion:
Biti's has made extensive use of social media sites such as Facebook and Instagram Biti was able to speak with one voice to young people because of a superb communication strategy that included good content, convincing words, stunning visuals, and highly participatory activities Biti's used Influencer as well as various online activities such as giveaways, online sales, and Uber Move (a chance to obtain Biti's Hunter shoes when traveling by Uber)
3 Analysis of Communication Process
3.1 Analyze receiver’s response processes
- Biti's has used the AIDA communication formula to develop an approach that is both logical and appealing
- The first step is Attention
- Biti's communication strategy aims to reach, promote, and attract people's attention to new brands and goods to arouse curiosity and interest Biti's has adopted Viral Video
as a significant approach in its marketing plan to achieve this goal And the viral videos here are Son Tung MTP’s "Lac Troi" and Soobin Hoang Son "Di de tro ve," which have been causing a fever in the online community for a long time
- Interest is the second step (Create interest in brands and products)
- Biti's is also highly astute in harnessing the power of the KOL channel to
communicate the next plan, hence increasing consumer love, affection, and faith in the product Biti's has "educated" customers and the market by using the KOL channel
to choose potential clients as young people, resulting in the creation of a new shoe trend Biti's sneaker, Biti's Hunter, has sparked a lot of media attention (over 21,000 comments) since its release in January 2016, with Facebook serving as the primary source of discussion due to its active activity of Biti's on fanpage
Trang 9
Desire is the next step (stimulation, wants, and needs of customers)
Trang 10- This is when Biti's employs a series of public relations pieces as part of its plan to increase client demand and desire for items
The final step isAction(Stimulate customers to take action on the product)
- Biti's Hunter has developed discount programs to entice clients who are still
undecided about purchasing Biti's Hunter This strategy is even more effective when Biti's is combined with e-commerce websites that offer discount codes for a limited time
-3.2 Analyze source, message, channel factors
- Source: The first and most important source would be the company, it has been around for more than 40 years, therefore, they have established a certain amount of credibility in consumer awareness They also do charity work to give back to the community They make Vietnamese people proud to have their Viet-branded shoes Considering it to a source, it could be relatively trustworthy, believable, expertise but might be biased Next, we have influencers and endorsers that work to promote Bitis products such as Son Tung, Soobin Hoang Son, H’Hen nie, and Vietmax They are celebrities, which is the highest level of influencers Therefore, they have an
influential impact on people who follow them on social media, which could be
millions of them However, since they are being paid to promote their products, it could be fair to say it is believable and trustworthy but to a certain degree, and still biased Lastly, we have micro-influencers and macro-influencers who buy products from Bitis and review them on their channel Needless to say, since they are paying for the products with their own money, their review would be more honest and unbiased, moreover, some of them could be experts in shoes and technology of shoes
as well
Analyze message factors:
● Content: Our marketing campaign this time still appeals to the feelings and emotions
of consumers To be more specific, it aims at Vietnamese patriotism which can attract and grab the attention of customers as nowadays they are moving towards the trend of domestic consumption “Vietnamese people use Vietnamese goods” This also follows