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Vinegar Productions has a clear business objective to develop, produce, promote and
distribute Organic coconut vinegar products. These products have been developed over
2 months with a core focus on addressing the key customer problem and associated
opportunities.
When as a key component of our growth strategy we consider it critical to identify and
outline our business objectives, and align these objectives with clear and measurable
development milestones. Our key long term business objective is to launch a new
product. Whilst our existing products have been useful for testing the customer problem,
new products are required to fully capitalize on our business potential. Our growth path
is clearly oriented around the addition of new products, the development of these new
products and the subsequent marketing of these. It is understood that costs will be
associated with product development and marketing and these have been allowed for in
our budget.
The Customer
Vinegar Productions has been created with a clear focus on the needs of our
customers. Through a structured customer discovery process, we have validated the
key customer problem as Make organic vinegar accessible inthe city. This is a critical
issue for our selected target market of Middle class income housholds in Cagayn de
Oro.
Competitors
Key Strategies
Over the next 6 months our focus will be to ensure regular production and sell the
products. This task will be undertaken in the context of our broader strategy to
Consolidate market and expand at least 25%. These strategies are a tactical
implementation of our overall business goal as outlined above.
Milestones
BUSINE
SS
PLAN
By: Ms. Jelah Chiara P. Laidan