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Analysis about marketing strategy and action plan of Vinamilk, Exercises of Marketing

Marketing Strategy and action plan of Vinamilk

Typology: Exercises

2019/2020

Uploaded on 11/04/2021

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Marketing Strategy Action plan
Product - Vinamilk always strives to
expand the list of product
categories Purpose: to
bring clean, natural milk and
meet the diverse desires of
consumers
- Vinamilk brings customers
nutritional solutions and
especially ensures
international quality
- In addition, Vinamilk
focuses on strengthening the
“brand” strength products
- Vinamilk constantly focuses
on improving, researching and
adding new product lines that
evenly covers the mid-to-high-
end segments
- Vinamilk moves to expand the
scale of dairy farming along with
applying 4.0 technology to
livestock In order to improve the
output and quality of raw materials.
- Vinamilk continues to research
and market products with
constantly improving quality,
applying the world’s latest
scientific research on nutrition
to offer healthy products to meet
the nutritional needs of all
customers.
Price Vinamilk’s products meet
international standards but the
price is low compared to
imported milk.
- Purpose: have a long-term
competitive advantage, accept
lower prices to reach the
largest market size.
- Vinamilk uses cost and price
factors to build perceived
value in the minds of buyers.
- Vinamilk is trying to be proactive
in the source of raw materials,
ensuring quality instead of
importing materials from abroad
to always adjust the reasonable
price, suitable for many consumers.
Place -Wide domestic distribution
sýtem makes it easy for
customers to find, approach
and attract customers.
+ Supermarket channels:
supermarkets large and small
all have products of Vinamilk
(eg Vinmart, Lan Chi Market,
Minh Cau supermarket, ..).
Supermarkets place orders
directly with Vinamilk's
branch representatives.
+ Key accounts channel
includes hotels, restaurants,
and offices. Units place orders
+ In addition to retail points across
the country, Vinamilk realizes that
today customers spend more time
online, so Vinamilk is directing
customer awareness through
Digital Marketing and e-commerce
business channels (Vinamilk
eshop) to serve customers'
shopping faster and more
convenient
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Marketing Strategy Action plan Product - Vinamilk always strives to expand the list of product categories  Purpose: to bring clean, natural milk and meet the diverse desires of consumers

  • Vinamilk brings customers nutritional solutions and especially ensures international quality
  • In addition, Vinamilk focuses on strengthening the “brand” strength products
  • Vinamilk constantly focuses on improving, researching and adding new product lines that evenly covers the mid-to-high- end segments
    • Vinamilk moves to expand the scale of dairy farming along with applying 4.0 technology to livestock  In order to improve the output and quality of raw materials.
    • Vinamilk continues to research and market products with constantly improving quality, applying the world’s latest scientific research on nutrition  to offer healthy products to meet the nutritional needs of all customers. Price Vinamilk’s products meet international standards but the price is low compared to imported milk.
  • Purpose: have a long-term competitive advantage, accept lower prices to reach the largest market size.
  • Vinamilk uses cost and price factors to build perceived value in the minds of buyers.
  • Vinamilk is trying to be proactive in the source of raw materials, ensuring quality instead of importing materials from abroad to always adjust the reasonable price, suitable for many consumers. Place -Wide domestic distribution sýtem makes it easy for customers to find, approach and attract customers.
  • Supermarket channels: supermarkets large and small all have products of Vinamilk (eg Vinmart, Lan Chi Market, Minh Cau supermarket, ..). Supermarkets place orders directly with Vinamilk's branch representatives.
  • Key accounts channel includes hotels, restaurants, and offices. Units place orders
  • In addition to retail points across the country, Vinamilk realizes that today customers spend more time online, so Vinamilk is directing customer awareness through Digital Marketing and e-commerce business channels (Vinamilk eshop)  to serve customers' shopping faster and more convenient

directly with representatives of Vinamilk's branches

  • Communication channel: has a focused program and professional management. Promotio n
  • In order to increase brand recognition and attract customers, Vinamilk has conducted product advertising on fanpage, television advertising, outdoor advertising, and video development on youtube.
  • Regularly refresh the content and form of advertising
  • Vinamilk regularly implements promotions, discounts, incentives, etc.
  • In addition, Vinamilk also shows its responsibility to society to maintain its image with the programs: "6 million glasses of milk for poor children in Vietnam", "raising Vietnam" fund, "incubating young talents". Especially on August 5, 2021, Vinamilk Dairy Joint Stock Company provided 1, cartons of milk and 1, barrels of drinking water to support and serve the frontline units in the prevention of Covid-19 epidemic under the police force in Ho Chi Minh City.
    • Vinamilk tries to reach women, especially mothers by:
      • Family-oriented video exploitation ( eg the program “Delicious dishes from vinamilk”)
      • Create interesting content that meets the needs of your audience
      • Catch up on content trends and invest in online video
      • Increase engagement, especially long videos
    • In Vietnam, families who buy milk regularly use the internet. Through the YouTube –first strategy, Vinamilk has found a new way to connect with Vietnamese mothers and promote the process of increasing brand awareness.