Академический Документы
Профессиональный Документы
Культура Документы
----------
GROUP 1
Name Students’ ID
1
TABLE OF CONTENT
I. INTRODUCTION ........................................................................................................................................ 3
II. MARKETING ENVIRONMENT .................................................................................................................. 4
Political environment.............................................................................................................................. 4
Economic environment ........................................................................................................................... 4
Demographic environment ..................................................................................................................... 4
Technological environment .................................................................................................................... 4
Environmental factors ............................................................................................................................ 5
Legal environment .................................................................................................................................. 5
II. SWOT ANALYSIS ...................................................................................................................................... 6
III. MARKET ENTRY MODE ........................................................................................................................... 8
IV. MARKETING MIX .................................................................................................................................... 8
Product.................................................................................................................................................... 8
Place ...................................................................................................................................................... 11
Price ...................................................................................................................................................... 13
Promotion ............................................................................................................................................. 14
CONCLUSION............................................................................................................................................. 18
REFERENCES .............................................................................................................................................. 19
2
I. INTRODUCTION
Global warming has become an undisputed fact about our current livelihoods; our planet
is warming up and we are definitely part of the problem. However, this isn’t the only
environmental problem that we should be concerned about. All across the world, people are facing
a wealth of new and challenging environmental problems every day. Some of them are small and
only affect a few ecosystems, but others are drastically changing the landscape of what we already
know.
In efforts to solve the world’s plastic waste problem, our company has produced edible
rice straws. These eco-friendly straws are made from 100% natural ingredients – organic rice.
And the market that we choose to develop our brand is Japan.
After a lot of crisis about plastic waste, Japan has started to ban plastic straws, which will
force Japanese people to find alternative straws like rice straws. Besides, Japan is a famous
country for environmental protection awareness so that eco-friendly products are trendy now.
Based on the above reasons, entering a market like Japan will give us a great advantage.
To achieve the best result, our team conducted an analysis of the environment as well as
products, created a SWOT, applied appropriate strategies, used Marketing mix tools and other
knowledge of International Marketing course… All necessary information about the plan is
presented in this report. Hence, it will help you gain a deep understanding of our business plan.
Last but not least, we would like to express our deep gratitude to our instructors, Mrs.
Tran Thu Trang for her generous support, coaching and companionship during this course. Which
she has been teaching us is not only her precious knowledge but also her experiences about
psychology, life, working, learning. She shows us a new insight in problems, how to solve
problem in the different ways. It makes her stand out from others and create positive thinking on
us. Again, thank you, Mrs. Tran Thu Trang with our best regards.
3
II. MARKETING ENVIRONMENT
Japan is a fascinating country steeped in history and rich in culture. It pursues the
cutting edge technologies while honoring traditions. As member of the G-7, an important leader
in the region, and a close ally of Vietnam, Japan is undoubtedly an important market and
trading partner. Japan’s economy has both a large, middle-class consumer base and a world-
renowned manufacturing base. Japanese companies have a global presence, both in their supply
chains and market share, and exert significant commercial influence in global markets.
Political environment
Japanese politics is like a Christmas Tree. Think of a Christmas tree: the legislative,
judiciary, and executive branches are the tree itself – they pass the laws and provide the support
necessary for the government to work; the Emperor is all the decorations on the tree.
Japan maintains a very close relationship with the United States. This relationship is part and
parcel of Japan’s foreign and security policy. Japan has also been putting a lot of efforts to build
and maintain relationship with other world powers such as India, the UK, France, and Australia.
However, an effort to amend Japan’s post-war pacifist constitution has raised concerns. It is
politically contentious and may impact on trade and foreign direct investment.
Economic environment
Japan is the 3rd largest economy in the world. Japan's nominal GDP is estimated to be
5.150 trillion dollars, making it the 3rd largest economy in the world. Its nominal per capita
GDP is $40,442 which is the 14th largest in the world.
Japan runs under a market economy, with influences from their ancient history.
Demographic environment
10th most populated country in the world (the U.S. Census Bureau, 2017). Total
population in Japan is 126.4 million. Shintoism and Buddhism are two major religions while the
major language is Japanese which is spoken by around 99% of the country’s population.
Technological environment
4
Japan’s innovation can be found in a variety of fields. For example, automation systems
are widely used in Japan, particularly in hospitals, airports, and restaurants. Likewise, Japan is
well ahead of many other advanced countries in robotic development. Indeed, it has more than
half of the industrial robots in the world.
The contactless payment system has been in Japan for a long time; indeed, long before
many countries even thought about it.. These developments offer great opportunities for both
Japanese and foreign individuals and companies.
Environmental factors
Japan is one of the countries, most affected by calamities and natural disasters.
Tsunamis, floods, earthquakes, mudslides, cyclones, and volcanic eruptions hit Japan from
time-to-time. These disasters cost Japan billions of dollars for reforms and rebuilding. In fact,
Japan is a less popular tourist destination because of natural disasters, high-cost, and language
barriers.
Legal environment
Japan has concluded 15 free trade agreements (FTAs) and economic partnership
agreements (EPAs) including those with Singapore, Malaysia, the Philippines, Thailand,
Brunei, Indonesia, Vietnam, India, Mongolia, Mexico, Chile, Peru, Australia and Switzerland.
The Japan‑ASEAN EPA has been effective since 2008.
Japan is a member of APEC, which has established a goal of APEC-wide free trade and
investment for developed economy members. As Vietnam has joined APEC for over 10 years,
this will open wider gates for Vietnam products to make an entry to Japan market.
5
II. SWOT ANALYSIS
STRENGTHS WEAKNESSES
Safer in terms of customers’ healthy due to Bamboo Straws already got support from the
the edible characteristic Government and famous coffee brands such
as Starbuck .etc
6
Adapt to the preference toward single-use Require a detailed promotion strategy to raise
habit of Japanese people product awareness which fits Japan’s culture
Better product taste and quality due to Higher cost due to logistics and exporting
VietNamese rice production importing activities
Variable designs and sizes to fit a wide range Complex preservation system over long
of beverages in Japan. transportation
E.g: Bigger size to serve Boba, flat shape to
use with hot drink cups,...
OPPORTUNITIES THREATS
Easy to export products to Japan due to the Current strong competitors in Japan,
fact that tariff barriers are eliminated by especially bamboo straws and wheat straws
International agreements
Untapped market field with innovative, Rising cost of production might be high due
unique and creative product. to taxes when exporting, weather,...
7
III. MARKET ENTRY MODE
We chose this mode of entry for several reasons. First, with a direct entry mode, we can
protect our patents, goodwill, trademarks, and other tangible assets. Being able to protect these
assets is vital to the survival of our company as our product will definitely attract many copy-
cats. Second, the company will get direct interaction with the markets and therefore, can make
any necessary changes to the products, marketing or any other aspect in time. These changes are
bound to happen as the market (or the people) inevitably changes, the matter is whether we can
change with it. Last but not least, this method allows us to fully control the brand image and
all the brand communication activities with the Japan people. Our company exists for the
important goal of giving people with a choice to reduce the use of plastic, to better the
environment and thus, better our lives. We believe it is up to us and only us to convey the
message ourselves.
Product
1. Classification of product
Since straws are made for personal use with a view to improving the way people
consume different types of drink in terms of convenience, our rice straws – which enters a niche
market of straws – is regarded as a consumer product.
8
It is important to note that even though we contribute these products primarily to on-
premise drink providers (restaurants, coffee/tea/milk tea shops, etc) instead of directly to the
consumers, it’s still considered as a consumer product for the reason above.
2. Product level
Expected
product: The Actual product:
ability to stay in Vertical design,
shape within the firm, ease of
time of holding and
consuming sucking
drinks, the
variability of size
and colours,
economy
Augmented
product:
Edibility,
biodegradability,
environmental
friendliness, Core product:
durability A means of
(compared to other drinking.
environmental
friendly straws
from competitors)
3. Product strategy
Rice straws or edible straws, despite being a quite new concept to the most parts of the
world, remain plain and uncomplex. Furthermore, as explained in the product overview, we are
confident that we could cut down the cost of production to a competitive amount thanks to the
geographical advantage - our product origins from the 2nd rice provider worldwide, the
production cost as well as selling price are quite low compared to other competitors.
9
These straws are also friendly to every culture globally, and the local trends towards this
kind of product are not remarkably different (environmental protection is a global trend at the
moment and will continue to be one as long as the world keeps developing economically).
All things considered, we find that there is no need to differentiate our product. Instead,
we choose a standardization strategy in order to save resources for future utilization.
Although the product is being standardized due to the similarity in preferences, there
exist some differences in customer behaviours and customer insights. Therefore, product
promotion needs to be localized to each potential market. In this specific case, we will
customize the promotion strategy for better perceptions of the Japanese.
5. Product planning
10
Using this graph, in combination with parts (3) and (4) above, we decide to use
promotion adaptation. That being said, our product will stay the same but the promotion is
adapted to the country (Japan) in order to attract new customers.
For example, according to tadaimajp, purple, red, back and japan blue (Indigo) are of
preferences to the Japanese. Therefore, adapting the packaging to such colours would please
them more, therefore, ease our way to position our product in customers’ mind.
Since this is an environmental friendly product, the product shall be packed into a
container made from biodegradable material (for example paper box). Plus, as discussed
above, the design of the packaging will be adapted to Japanese taste and preference to
compete better.
The product will also be labelled with necessary information, such as origins, methods
of reservation, EXP and MFG, etc.
7. Branding
After considering the value proposition and other aspects of our product, we decide to
build an attribute brand, which is created based on the major function of the product. When
customers mention us, we want to be known as an optimal and economical way of being
sustainable.
Place
We will bring products to customers through 2 main distribution channels, online and
offline.
1. Online:
Our website will provide a beautiful, easy-to-use interface, including all relevant
information such as contacts, products, feedback from old customers,... We believe that
customers will have a good shopping experience
11
2. Offline:
Distribution Approach:
Because our company is a new company, we have just entered the foreign market like
Japan, so we have not grasped exactly the taste of our customers. In addition, the lack of
resources and market experts in Japan also makes it difficult for our business.
Therefore, our company will choose the form of indirect distribution channel to have
helps from local intermediary
12
Selecting: We look for local distributors who are
capable of developing markets, rather than those with a
few good customer contacts. Moreover, they have to be
trustful and loyal
Price
1. Pricing objectives
We choose cost based pricing as our company manufactures the whole process from raw
grain of rice to a complete edible straws in-use
As we have done research on the straw industry as well as the rising number of
environment-oriented customers, edible strawss have been around for couple of years recently.
With a major interest from consumers all over the world for environmental friendly products,
the idea of a plant based tool has been well aware. When it comes to sustainability, modern
Japan seems to ignore it, and the traditional side seems to embrace it. However, this is not so.
Even the movements like minimalism that are most conducive to sustainability and longevity
13
had their roots in Japan. Therefore, Japanese must be well-acquainted with such products like
edible straws, which means you may have seen a few options in the market.
Base on the economy of scale, as we produce a great amount of output, which in this
case is edible strawss, the cost for all the procedure will be cut down relatively. Consumers, in
addition, will use a huge amount of straw on daily basis since they tend not to last long in a
single household. They opt for buying a whole package not only to fit their consumption habit
but also reduce the cost when doing groceries shopping. As we may find in the market,
competitors producing edible strawss remain scattering without any key players. Therefore, if
we use product bundle pricing to export to a regional country like Japan, it should be a great
opportunity.
We can operate the factory to pack the edible strawss in great base size like 1000 straw
per box. F&B shop owners should
Promotion
1. Target audience
Our target would be on-premise drink providers (restaurants, coffee/tea/milk tea shops,
etc) for these reasons:
Rice straws, when in contact with water, could only last for a shortage of time (less than
1 hour). Even when our product takes a lead in extending the durability of rice straws, it
cannot be used more than one time. Therefore, the product fits better for single-use
purposes, often seen in F&B businesses rather than any individual context.
14
In this day and age, we find it essential to improve brand exposure on social media since
it is the most viral network. We aim to raise awareness of an ecofriendly product like edible
straws on facebook. With 28m Japanese facebook users, this platform may be an ideal tool to
attract more of their attention.
For example, we can run a weekly post on our fanpage about the threat of plastic straws
against the environment and marine creatures. Japanese consume a great amount of seafood,
which means they need a sustainability quantity of fish, shrimp, ... Water pollution and waste in
the sea do much harm on their essential source of consumption. Therefore, this may hit them
right in the spot.
2.2 SEO
Optimizing our website on Google is one of the best ways to have business customers
know and give trust to us. By building a strong web presence and content for blog/website,
chances for us to be contacted for lucrative deals are much better.
The overall objective would be to educate our oversea customers to “go green” by using
rice straws, positioning our competitive edge (reasonable price, elasticity and durability, health
consciousness) and convert them into purchasers and return customers.
15
Step 1: Find potential keywords.
For example, by using SEO tools, we find out that “rice straw” is a potential keyword.
We will then analyze the blogs on the first page of Google to see if there is anything we can
improve and do better than competitors. Assuming that all of them telling readers about the
environmental benefits of rice straws, but forget to mention the positive impact of it on our
health. Based on that, we will create a strategic content aiming at spreading our competitive
edge and educate customers about another excellent aspect of our rice straws in comparison
with other substitutes. If the content is well-written and the keywords are optimized efficiently
(on-page, backlinks, etc), the conversion rate would increase and generate more sales to our
business.
87% of B2B marketers use email to generate new leads; 31% of B2B marketers claim
that email marketing makes the most significant impact on revenue if compared to other
channels
=> Email marketing is an effective solution to grow our business, to build strong relationships
with our customers and to improve sales.
Step 1: Identify our B2B customer personality; understand their needs and pain points (e.g,
Why is their store's revenue always smaller than organic store’s?, How to build a eco-friendly
brand image in the customers’ eyes?,...)
16
Step 2: Segment our mailing list according to the company’s demographics and their previous
interactions with our company.
Step 3: Set goals that can be estimated, i.e. calculated in numbers and compared to previous
results.
For example, our target is to grab the attention of 5,000 users and get 25% of them
subscribed. If, for instance, the number of subscribers is not so important as the number of
sales, we can set up a goal to reach 5% more profit this month compared to the previous one.
Step 4: Build a detailed email marketing plan — timing, frequency, content of our emails —
together with the relevant company’s departments.
For instance, support and sale teams may provide us with possible questions our
customers might ask such as the number of sales of rice straw last year, etc. Marketing
department, which tracks users activity, can always tell us where people click, what they
commonly search for, watch and read (e.g. which topic about rice straw they are interested in)
Step 5: Measure our results on a regular basis: the more often, the better. Test and improve our
B2B emails.
Step 6: Draw inspiration from B2B email marketing best practices and apply these techniques to
our emails.
For example, we can personalize our welcome emails. In a welcome email, we will have
a logo and the company name. We also share links to some useful information about rice
straws. The template of email will have color like the color of our logo. The contact information
is always mentioned in case our customer may want to reach us via phone or in person
17
CONCLUSION
Seeing such opportunity with the edible straw, we believe this will thrive further in the
near future. As Japan is chosen for the target market, it is essential for us to know all the details
of our customers and their bahaviors to build a thorough marketing campaign.
Besides the idea of exporting our plant based product to a foreign contry with lots of
potential like Japan, edible straws may deliver a bigger message than just an eco-friendly
product. As we do our marketing research and come up with a marketing strategy for the
business, the environment need more attention and requires more actions from users around the
globe. Japanese are one of those with high awareness of such issue and they are willing to step
in and make the call. We aim to educate more and more groups of society in the world to do
something about the pollution world wide and the consequences our next generations have to
suffer. Choosing edible straws over plastic ones may appear as a small change, but with a major
quantity of people start switching to eco-friendly tools, it can make much difference to our
mother earth. That’s the bigger picture that we thrive to contribute our effort to.
18
REFERENCES
https://japantoday.com/category/features/lifestyle/major-japanese-restaurant-chain-
introducing-bamboo-straws-to-help-reduce-plastic-and-save-forests
https://tuoitrenews.vn/news/business/20190214/vietnamese-firm-makes-edible-riceflour-
straws-to-help-protect-environment/48930.html
https://www.japanstrategy.com/business-in-japan/
https://www.telegraph.co.uk/food-and-drink/features/edible-plates-beakers-straws-
future-packaging-tasted-find/
https://www.export.gov/article?id=Japan-Market-Overview
https://asia.nikkei.com/Business/Is-Japan-eco-friendly-or-eco-hostile
19