We have a mission to protect users' sleep and bring them greatexperiences, as our slogan: Best trip for your dream.HypDream's products are aimed at sleeping pillows, but especially here
Trang 1BEST TRIP FOR YOUR DREAM
Trang 2VŨ ĐỨC HẢI 030805170346 06
CAO PHÁT LỢI 050606180198 07
MAI LÊ HOÀNG KỲ 050606180153
Trang 3Products and special features
Sleeping pillow made from tea grounds
Fragrant herb bag
Product strategy Pricing strategy Distribution strategy Commercial strategy Promotion and After sale service
FINANCIAL PLAN
PERSONAL ORGANIZATION
Trang 4EXECUTIVE SUMMARY1
Trang 5In the context of the country's growing development today along with the advancement of science and technology, technology has created many breakthroughs to bring users the best values and experiences However, in order
to achieve the results they have to trade with time, family, especially their health, when they cannot balance these factors, they will fall into states of stress, fatigue Tired from worrying and overwork and that is why insomnia occurs more and more.
Embrace the increasingly complex trend and realize how important sleep is So HypDream was born, Hyp stands for "Help you protect" In addition, "Hyp" is also an abbreviation of the name of Hypnos, the name of the god of sleep in Greek mythology We have a mission to protect users' sleep and bring them great experiences, as our slogan: Best trip for your dream.
HypDream's products are aimed at sleeping pillows, but especially here our pillows are combined with natural products The pillow core is made from the main raw material of dried tea grounds, combining natural ingredients to create scents, improve health and sleep for users Not only that, but these preparations make perfumes that help improve sleep, which are extremely safe and are widely used as treatment.
HypDream pillow is combined with floral scents such as Lavender, Hops, Daisy, Rosemary, Mugwort, giving users a gentle scent, making it easy to fall asleep.
H Y P D R E A M
Trang 6tieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dreamtieu.luan.hypdream.best.trip.for.your.dream
Trang 7Environmental friendliness For a happy life
Core values
“Becoming the leading brand of pillows made from tea grounds and natural products in Vietnam in terms of health products for life.”
Vision:
HypDream not only brings value to customers
but also brings full life to employees and
generates profits for investors who believe in and
devote themselves to the company With the
original ideals when establishing HypDream, it
is community-oriented and contributes to social
welfare.
With the set goals and orientation, we will
become the leading company providing pillow
products made from natural products in Vietnam.
Mission
HypDream was born with the mission of bringing a good night's sleep to all customers with pillow products combined with natural products to create comfort and convenience with a variety of pleasant scents to help customers have a good night's sleep, get a natural deep sleep, easy to start a new day full
of energy with abundant creative inspiration We are always committed to bringing good quality products, safe for health To bring the highest satisfaction to customers is our pride
Trang 82023 Produce more diverse products.
2030 we will become the leading supplier of natural bedding products in Vietnam.
2035 exports to European markets.
December 17, 2021 Launching ceremony of HysDream pillow brand combined with natural products.
January 5, 2022 The first store on Ngo Gia
Tu Street, District 10, Ho Chi Minh City officially opened.
June 4, 2022 inaugurated HysDream's textile factory.
Goals
Milestone
Goals &
Milestones
Trang 9MARKET ANALYSIS3
Trang 10Market Opportunities
The development of Vietnam's economy in recent
years has also had a positive impact on business
activities, including the pillow business in Vietnam.
Vietnam's membership in the WTO has created a
favorable environment for business activities and
development However, associated with the
opportunity is the competition of companies in the
same industry with each other.
On the other hand, the bedding business is much like
the fashion business Although it is not a new trend,
it is still hot in the current market Sleeping pillows
are an essential need in people's daily lives Whether
you are in a rural or urban area, every home uses
pillows to help with daily life Pillows are a
diversified product for the consumer segment,
including the low-mid-high customer segment.
Therefore, when trading in pillows, they are not
afraid of being saturated in the market and also bring
high profits to sellers.
However, this is an old market and there are many brands that already have their own market share But besides that, there are still many segments that do not have the appearance of the big boys and is a potential niche market that is pillow products made from tea grounds with dried herbs and flowers.
Therefore, we at HypDream decided to make pillow products from nature to serve customers who want a good night's sleep and are filled with the scents they like In addition, HysDream's products are in line with the current market trend
of environmental protection Natural pillow products as well as pillow fragrances help users enjoy a good night's sleep to the fullest.
Trang 12MARKET SIZE
million people It has become the place with the largest population in the country Of which, men accounted for 48.7% and women for 51.3% However, if we include unregistered residents, the actual population of Ho Chi Minh City is more than 14 million people.
The population of Ho Chi Minh City 2021-World
Population Review
This is a busy market with a dense population like Ho Chi
Minh City It is an opportunity for start-ups to thrive And
this is in line with what HypDream aims to do.
Besides, the price of a mid-range pillow product ranges
from 200,000 VND to 400,000 VND, while the market
size is estimated at 2800 billion to 5600 billion VND For
HypDream, this is a lucrative market With the average
income in Ho Chi Minh City at about 9 million VND a
month, which is quite high compared to the average level
of the whole country People are more conscious of their
spending on health products after the arrival of the
COVID-19 pandemic
This is also an opportunity and also a challenge for Hypdream in terms of entering the market when there are many other competitors But with the difference in products that are scents and environmental friendliness, we believe that we will have our own market share and place in the hearts
of customers.
This is also an opportunity and also a challenge for Hypdream in terms of entering the market when there are many other competitors But with the difference
in products that are scents and environmental friendliness, we believe that we will have our own market share and place in the hearts of customers.
Trang 13According to a pillow manufacturer, Only 18% of people surveyed know that pillows
should be changed every 2 years The rest are completely vague about how long a pillow
is used for Meanwhile, The Sleep to Live Institute (The Sleep to Live (USA)
recommends changing pillows every 6 months In fact, there is no specific evidence on
how long a pillow's lifespan is Many sleep experts recommend that if you fold your
pillow in half and it doesn't unfold on its own, you throw it away Since then, the
function of supporting the head and neck has almost disappeared.
In general, Vietnamese bedding, pillows, and cushion products are gradually dominating foreign products, thanks to the efforts of Vietnamese mattress enterprises to improve the process and quality
People over 25 years old who have a need
to improve sleep quality and a need to gift products to relatives and friends, elderly people, and people who have an income of about 10 million per month.
Specifically, the mid-market segment in the bedding market in Vietnam.
Products range from popular to high-end, from domestic to imported goods Vietnamese goods are not "outrageous" in terms of purchasing power compared to big brands from Thailand, Taiwan, Korea, etc With the average value of an order to buy blankets, pillows, and mattresses of 4 million VND, the retail market size will be about 800 million USD and grow steadily every year.
Survey on pillow market in Vietnam
Survey on pillow usage time
Target customer segment
Trang 14Competitorsanalysis
General features
Combining ingredients derived from nature: using herbs, dried flowers,
creating scents Diversified products, sizes and uses: there are many sizes
and product segments to suit consumer needs
Suitable for all ages: from children, adults to the elderly
Similar business areas and distribution channels: concentrated in Ho Chi
Minh City, distributed on e-commerce sites.
Differences
HypDream sleeping pillow uses tea grounds as the main material to make
the pillow, which is dried and disinfected Using green, clean materials in
accordance with environmental protection criteria, limiting waste from
tea HypDraem sleeping pillow has a variety of scents, suitable for medical
preferences and needs, as well as features in healing and improving sleep
and health.
HypDream's products have a longer shelf life (about 1
year) than competitors The reason is that the main raw
material is from dried tea grounds, combined with aseptic
preservation technology In addition, the HypDream
pillow is easy to maintain and clean.
Trang 15Name Dreamlife Nam Nguyên Dược Company Logo
Product Herbal pillow Herbal pillow and neck pillow Price 130.000 -250.000 VND 150.000-330.000 VND Customer segment Infants, children, adults
Advantage
Producing 100%
natural herbs Has been on the market for many years
Produced from 100% natural herbs There are a variety of items Gain the trust of customers.
Address
173 Nơ Trang Long, P.
12, Binh thanh district,
HCM City
No 69 Street No 7, Residential Area, Binh Chanh, HCM City
Reviews from
customers Good Very good
Infants, children, adults
DIRECT COMPETITORS
Trang 16Indirect competitors
Currently on the market, there are many choices of pillows, which give the appearance of high-end pillow lines that go with bedding This is a heavy indirect competitor to natural pillow products On the market, there are many types of blankets and pillows made from many different materials, such as cotton, velvet fabric, felt fabric, brocade, silk, etc These materials are all very soft and warm to help sleep It is delicious, smooth and much more comfortable The high-quality bedding set has a smooth, cool fabric surface that feels like pampering and soothing the skin No more worrying about skin diseases that may be acquired With natural ingredients without using chemicals, high-grade bedding is always safe for health, including children when their immune systems are still not good Features such as airiness, elasticity, and softness ensure the basic service required for rest From there, the user will not feel any pain or discomfort in the contact area With a high-quality bedding set, the material used
to produce the bedding must also be of high-quality material, which means that the life of the high-quality bedding set is very long.
Trang 18Convenient location for buying and
selling products: Location is one of
the strengths and also an advantage of
the company The central location is
convenient for trading activities as
well as attracting customers.
Get services that bring satisfaction to
customers: When customers come to
the shop to shop, they can enjoy cups
of tea, or choose and make the
pillows they want by themselves.
Young and enthusiastic staff:
Having a young and enthusiastic team in the profession will bring many creative ideas that can be jointly developed and perfected into a business that is more suitable for the market This is both an advantage and a disadvantage, but HypDream determines that this is one of the human advantages that Hysdream has.
Competitive advantage
There is a variety of products as well as suitable fragrance for many customer
segments Exclusive, soft pillow formula brings a pleasant scent.
HypDream pillows are not usual soft products but they’re good for health and
help people to have a deep and relaxing sleep.
Pioneer: HypDream sleeping pillow with the main ingredient is the first tea
residue in Vietnam, helping to improve sleep, bringing a gentle scent,
cherishing each sleep for customers.
Meeting the needs of customers: along with the trend of green living and the
desire to improve sleep, HypDream pillow uses dried tea grounds as the main
raw material, contributing to environmental protection At the same time,
combining scents from flowers helps customers have better experiences and
contributes to improving their own health.
There is a variety of products
as well as rich scents suitable for many customer files The business has five pillow products made from tea and dried herbs and flowers, such
as Oolong tea pillow, Daisy tea pillow, Mint tea pillow, Rose tea pillow, Angelica and rose leaf tea pillow The combination above Not only
is comfortable for the user, but it is also helpful in protecting the environment, which is one of the problems
of our time The products have the same characteristics
as normal pillows and come with many options Scents can be mixed together, thereby creating product diversity and getting more customer files.
Trang 19Products are reasonably
priced Catch up with
the trend of green
living and health (S3)
Diversity of product
scents.(S4)
The product has not built a brand name compared to competitors (W1)
It takes a long time to build customer trust.
(W2) Must change the pillowcase every 2-3 months (W3) The distribution channel system is still limited (W4)
Environmental problems need to be solved (O1) Today, people have a sense of environmental protection and are building a green environment (O2) People are becoming more interested in their health and sleep, particularly at night.
(O3)
As products become more and more diverse, people tend to use natural products (O4)
Building a reputable brand takes time (T1) Young start-up team, not much experience.
(T2) Competition: Being competitive on price, product quality, and service quality (T3) Easy to imitate and always improve the product (T4) People's awareness of pillow usage time (T5)
Trang 20ST
(S1,S2,S3,S4,O1,O3,O4)
WO (W1,W4,O1,O3,O4)
WO
(W1,W4,O1,O3,O4)
WT (W1,W2,W3,W4,T1,T2,T3,T5)
New products bring health to people (S1)
Friendly products for the environment (S2)
Products are reasonably priced Catch up with the
trend of green living and health (S3)
Diversity of product scents (S4)
The product has not built a brand name compared to competitors (W1)
It takes a long time to build customer trust.
(W2) Must change the pillowcase every 2-3 months (W3)
The distribution channel system is still limited (W4)
Environmental problems need to be solved (O1)
Today, people have a sense of environmental
protection and are building a green environment.
(O2)
People are becoming more interested in their
health and sleep, particularly at night.(O3)
As products become more and more diverse,
people tend to use natural products (O4)
Building a reputable brand takes time (T1) Young start-up team, not much experience (T2)
Competition: Being competitive on price, product quality, and service quality (T3) Easy to imitate and always improve the product (T4)
People's awareness of pillow usage time (T5)
SWOT
ANALYSIS
Trang 214THE BUSINESS
Trang 22- Business modeling.
- Continuously closely monitor work efficiency.
- Have a sales and marketing plan.
- Budget estimates.
- Be ready in any situation, calmly face the unexpected.
ACTIVITIES
- New products, suitable for all ages.
- Environmental friendliness.
- Cherish the user's
sleep.
- Various models.
Fair pricing.
- Clean ingredients, safe for users.
- Natural materials, safe for users.
- Good warranty and after-sales service.
PROPOSITION
- Product information and events are constantly updated.
- Professional customer care team.
- Products are easy to return
- Gratitude program
on holidays and birthdays.
- Suitable for all ages.
- Luxury spa and massage parlors.
KEY RESOURCES CHANNELS
- Resources for input materials
- Resource of knowledge (recipe for making
pillows)
- Financial resources
- Distribution channel resources
- Technology and machinery resources
- Cost of raw materials
- Store maintenance costs
- The cost of hiring
- Product wear and tear costs
- Revenue from customers who order directly through the store
- Revenue from selling products through
intermediary partners.
Canvas model
Trang 23SLEEPING PILLOW MADE FROM TEA GROUNDS According to our observations, there is a large number of
people who are interested in health and a healthy lifestyle.
On the one hand, their living conditions have improved
compared to before, resulting in people having time and
financial resources to take care of their health In addition,
people are tending to live environmentally friendly, using
environmentally friendly products On the other hand, new
diseases or epidemics appear more and more in modern
life If people lead a healthy lifestyle, they can protect
them from these diseases.
Currently, the sleeping pillow market has many features to
protect human health and improve sleep However, the
products are not guaranteed for the time of use, as well as
being environmentally friendly Therefore, we decided to
come up with the idea of developing a sleeping pillow
from tea grounds, both improving the user's sleep, being
environmentally friendly and bringing many other benefits.
Products and special
features
Trang 24Heat clearing, bright eyes, lower blood pressure.
Who should use: Suitable for people with pain, high blood pressure, headache, often watery eyes, blurred vision due to liver heat, restless sleep.
Heat clearing, detoxify, anti virus.
Who should use: Suitable for people with pressure headaches, keratitis caused by viruses, eyesore.
Beauty care, skin care.
Who should use: Suitable for people who want to improve skin health, freckled, pimples due to hot liver.
Low blood pressure, headache relief, arteriosclerosis.
Who should use: Suitable for people with headaches due to sinusitis, high blood pressure, women who are menstruating or postpartum.
available in Vietnam Each type is used to help users feel relaxed,
relieve headaches, feel comfortable… But depending on the
requirements of each customer, each type will be suitable for
each person according to the products below:
Natural cotton, oolong tea grounds
Natural cotton, tea grounds, daisy petals
Natural cotton, tea grounds, rose leaf
Natural cotton, tea grounds, angelica leaves, rosace leaf
Trang 25Not everyone likes to lie on pillows made from tea grounds or natural materials Instead, the business HysDream has made fragrant herbs and stuffed them in small bags
to meet the needs of customers when lying on rubber pillows or air pillows but still want to feel the scent from all kinds of products herbs to induce more vivid sleep depending
on the herb used.
Herbal sleep pillows are a wonderful way to incorporate herbs into the lives of your friends and family They are simple items: fragrant herbs stuffed into small pouches and then placed inside the pillowcase of a favorite pillow The scent helps the person sleep well and can even help create vivid dreams depending on the herbs used.
Fragrant herb
bag
Trang 26Known for its relaxing properties, lavender is a great herb to add to a pillow while sleeping Used alone, lavender buds provide a peaceful quality of sleep for both the elderly and young children If the lavender seems to have lost its scent, gently crushing and breaking the buds will help release more lavender oil.
Lavender
Use hops to calm nerves; they're
perfect for the night before a big test
or to help your college student relax
in a new environment.
This flower has a natural apple fragrance and this is a type that children love very much This flower is often stuffed inside teddy bears so that small children can hug
it to make it easier to fall asleep.
Hops
Daisy
Trang 27This is an interesting herb to keep in your pillow Unlike previous herbs, rosemary actually helps you to have vivid dreams.
For many people, the ideal sleep is the time to deal with our daily lives For those who believe in this idea, dreaming can be a way to solve problems and help feel balanced during the day.
From time immemorial, wormwood
has been used in food and drink to
this day But now that wormwood is
also used to make herbal flowers,
they work to stimulate vivid dreams,
wormwood is an unusually growing
herb Combine it with rosemary, and
you have an herbal pillow that also
makes your dreams a lot more
enjoyable Wormwood is known to
help relieve bad dreams and anxiety
as well as help with insomnia.
Rosemary
Mugwort