MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION GRADUATION THESIS INDUSTRIAL MANAGEMENT PLANNING INTERGRATED MARKETING COMMUCATION ACTIVITIES FOR MCO SEGMENT OF CASTROL AT MINDSHARE VIETNAM LECTURER: MBA. TRẦN KHÁNH HOÀNG STUDENT: NGUYỄN NGỌC PHƯỚC SKL009173 Ho Chi Minh City, December 2021 MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION FACULTY FOR HIGH QUALITY TRAINING GRADUATION THESIS TOPIC: PLANNING INTERGRATED MARKETING COMMUCATION ACTIVITIES FOR MCO SEGMENT OF CASTROL AT MINDSHARE VIETNAM Student : Nguyễn Ngọc Phước Code : 16146173 Course : 2016 Major : Industrial Management Instructor : MBA. Trần Khánh Hoàng Ho Chi Minh City, Dec 2021 REVIEWS OF INSTRUCTOR ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- HCMC, day …month…year…… Instructor REVIEWS OF REVIEWER ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- HCMC, day …month…year… Reviewer ii ACKNOWLEDGEMENTS First and foremost, I would like to offer my deep gratitude to all the lecturers at Ho Chi Minh University of Technology and Education, especially the lecturers in the high-quality training faculty who have kindly guided and conveyed valuable knowledge and experiences to me during my period studying and growing in the university. This, honestly, plays a major role as a solid foundation for my future career.
I would like to express a special appreciation to those lecturers as well as my instructors Mr. Tran Khanh Hoang. He has been super devoted, supportive in terms of guiding me throughout the process of making my graduate thesis so that I could have not done it any better. In addition to this, I also would like to express my sincere thanks to Ms.
An as my line manager, the whole Mindshare vietnam team for believing and giving me opportunities to experience real works and wholeheartedly help and support me with the best knowledge and skills that providing me feeling of a friendly working environment and help me to blend, be more professional and best fit in the very first day. During the time working at Mindshare as well as during the writing of this thesis, I did not have much practical experiences and due to my limited reasoning ability so that the shortcomings are inevitable. Therefore, I truly look forward to receiving any advice in order to help and assist me further to improve my academic knowledge down the road. Finally, I would like to thank all those valuable supports along the way.
Ho Chi Minh City, Dec 2021 Student Nguyen Ngoc Phuoc iii LIST OF ABBREVIATIONS ABBREVIATIONS EXLPANATION MCO Motorcycle Oil PCO Passenger Car motor Oil CVO Commercial Vehicle Oil MAP Media Activity Plan WIP Work In Progress BHDX Bạn hữu đường xa TVC Televion Commercial IAS Integral Ad Science Zalo OA Zalo Offical Acoount OOH Out of Home MS Mindshare OTT Over the top IPTV Internet Protocal Televisiom cTV Connected Television TBC To be continue TBU To be updated EPL English Premier League POSM Point of Sale Material KPI Key Performance Indicator Avg Average Ads Advertisements AOP Always On Plan H1 The First Half of the Year H2 The Second Half of the Year WCQR World Cup Qualifying Round iv SOS Share of Spend SOV Share of Voice KV Key Visual ROI Return On Invesment ROAS Return On Ad Spent CPAS Collaborative Performance Ad Solution GRP Gross Rating Point CPRP Cost Per Rating Point ADEX Advertisement Spend P7D Past 7 days P1M Past 1 Month CPM Cost Per Miles CPC Cost per Click CPV Cost per View CPR Cost per Reach CPE Cost per Engagement CPL Cost per Lead CPQL Cost per Qualified Lead VTR View through Rate VCR Video Completed View VR View Rate CTR Click through Rate ER Engagement Rate CR Conversion Rate CPA Cost per Accquisition CPD Cost per Duration CPI Cost per Installation SiS Shop in shop v CS Customer Service CX Customer Experience QS Quality Score SEO Search Engine Optimization SEM Search Engine Marketing GDN Google Display Network LDN Local Display Network DSP Demand Side Platform RTB Real-time Bidding SSP Supply Side Platform DMP Data Management Platform LP Landing Page URL Unique Resource Locator GTM Google Tag Manager TA Target Audience SOW Share of wallet SBD Super Brand Day LBD Local Brand Day CRM Customer Relationship Management GA Google Analytics CPO Cost per Order ATC Add to Cart IO Insertion Order WOA Week on air FTU First time user MAU Monthly Active User SMS Short Messaging Service MMS Multimedia Messasing Service vi R1+ Reach one time R3+ Reach three time R5+ Reach five time PM People Meter OTS Opportunity to see SoG Source of Growth P&L Profit and Lost ADO Average Daily Order GMV Gross Merchandise Value NMV Net Merchandise Value CLV Customer Lifetime Value BLS Brand Lift Survey YOA Year old Average DIY Do it yourself DIFM Do it for me FWS Franchised workshop / Dealership IWS Independent workshop PIB Position in break FMCG Fast-moving consumer goods MDS Multidimensional Scaling FY Fiscal Year / A budget year FTA Free to Air vii LIST OF TABLES Table 2. 1: The elements of SWOT analysis. 1: Castrol Performance in their target locations. 2: Top Program on TV.
3: VTV9’s Broadcasting Plan. 1: OTT audience scale vs YouTube. 2: Description for Pilot Campaign with OTT. 3 Top OTT Channels for the Campaign.
4: Tiki Ads Plan for Super Brand Day of Castrol. 67 viii LIST OF FIGURES Figure 1. 3: The Company’s Clients. 4: Structure of Mindshare Vietnam.
6: Organization Chart of Castrol BP Petco Vietnam. 7:Typical Castrol’s Products. 1: Single versus Media mix tactic. 2: Vehicle Mix in Media.
3: Media planning within IMC process. 1: Overview of Vietnam Market 2020. 2: Internet users over time in Vietnam. 3: Vietnam digital landscape.
4: Total Adex for tradional media in 2019 & 2020. 5: Transformation of Brand’s Power of Castrol over years. 6: Target audience’s activities on mobile & digital. 7: Sport touchpoint analysis report.
8: Music touchpoint analysis report. 9: Gamers Volume over years. 10: Gaming landscape in Vietnam. 11: TV Vietnam Overview.
12: TV occasions of consumption. 14: Castrol Zalo OA Ads. 15; Castrol native ads in Grab app’s homefeed. 16: Football Calendar for Content Partnership.
17: Sponsored Display Ads on related article on mobile. 18: Sponsored Display Ads on related article on PC. 19: Castrol’s Logo Exposure on 24h site. 20: Castrol’s main Ad for Lien Quan Mobile.
21: Livestream overlay for Castrol Ad. 22: De Choat and Wowy ‘s Score for choosing KOLs. 23: GroupM’s tools to control media buying. 24: Flow of Media Booking Process.
25: Internal Billing Process. 26: Timeline for Monthly Billing. 27: Tet Campaign achievement in Digital Channels. 1: OTT overall operation.
2: Top e commerce sites in Vietnam. 64 x TABLE OF CONTENTS REVIEWS OF INSTRUCTOR .ii REVIEWS OF REVIEWER. iii LIST OF ABBREVIATIONS .iv LIST OF TABLES. viii LIST OF FIGURES .ix TABLE OF CONTENTS.
Graduation thesis structure. 3 CHAPTER 1: INTRODUCING ABOUT MINDSHARE AND CASTROL VIETNAM .2 Vision – Mission – Core Values. 10 CHAPTER 2: LITERATURE REVIEW .1 Definition of Marketing Mix .2 Definition of Promotion Mix / Integrated Marketing Communication Mix ( IMC ) .1 Definition of Advertising .2 The Objective of Advertising .1 Definition of Media .2 The Objective of Media Planning .3 Role of Media Planning .3 Factors Influence Media Planning .2 Social and Cultural Forces .3 Political and Legal Forces. 23 CHAPTER 3: THE REAL SITUATION OF INTEGRATED MEDIA ACTIVITIES FOR MCO SEGMENT OF CASTROL VIETNAM .1 Overview about Media landscape in Vitenam .1 Customer of the Market .3 Objectives and KPIs .5 Budget for Media .2 Integrated Media Approach and Deployment .1 Passion Points of Target Audience .2 Media Channels Implementation.3 Booking and Billing Process .3 General Assesment of Media planning activities for MCO segment of Castrol in Mindshare Vietnam .2 Limitations and Reasons.
59 CHAPTER 4: PROPOSING SOLUTIONS TO ENHANCING THE INTEGRATED MEDIA ACTIVITIES FOR MCO SEGMENT OF CASTROL VIETNAM .1 Proposed Solution for Internal Billing Process .2 Proposed Solution for Reach .3 Proposed Solution for Brand Availability on e-Commerce sites. Research problem In an environment of fierce competition as today, especially when our country is in the process of economic integration in the world economy have changed dramatically complex, to be able to survive and develop in long-term, it cannot ignore a very important activity is integrated marketing communication activity. This activity not only serves as a bridge to help maintain the relationship between enterprise and customers, but also creates opportunities to develop commercial relationships with customers in and abroad. To do so, in business world, particularly with fast changing habit of consumers, media advertising is an indispensable way of any business to survive and thrive.
The heart of your business success lies tremendously in its marketing communication and the way you deliver your products or services to the market, to your target audience through different mediums. Hence, Media unquestionably plays a vital role in this process of every enterprise adaptation and be worthwhile to take into consideration of each company. As traditional media channels are becoming increasingly overloaded, with the ability to interact with internet users and be less effective under the effect of Covid-19, the flexibility in deployment as well as the richness of forms, digital based media is gradually becoming more and more popular in many countries in the world, including Vietnam. Grasping that trend, integrated media communication has become the choice of Castrol Vietnam, one of MindShare’s biggest clients, in their strategy of bringing their products and brands to the Vietnam market in recent years by partnering with Mindshare Vietnam to be their main media agency for their MCO segment in Vietnam.
Realizing the importance of this promotion mix activities and to increase the level of brand awareness, so I chose the topic: “Planning Integrated Marketing Communication Activities for MCO Segment of Castrol at Mindshare Vietnam” as the topic for this graduation thesis. Research objectives • To understand about integrated marketing mix activities of a company. • To analyze the impact of micro and macro environment to lubricant oil industrial. • To analyze the level of access and satisfaction and evaluate good points, limitations of integrated marketing mix activities for MCO segment of Castrol at Mindshare Vietnam.
• To propose specific solutions to improve the efficiency of the integrated media activities for MCO segment of Castrol Vietnam. Research scope The scope of research: Implementation integrated media planning activities for Castrol Brand at media agency Mindshare Vietnam in 2021 4. Research methodology The research methods mainly used in the report are comparative methods, horizontal analysis methods, vertical analysis methods, meta-analysis to give out a right Mindshare Vietnam. Graduation thesis structure Graduation with topic: “Planning Integrated Marketing Communication Activities for MCO Segment of Castrol at Mindshare Vietnam”, in addition to the introduction, conclusion, list of tables, list of figures, table of contents, list of references, the content is divided into four main chapters as follows: The graduation thesis includes: Chapter 1: Introduction about Mindshare and Castrol Vietnam.
Chapter 2: Literature review. Chapter 3: The real situation of integrated media activities for MCO segment of Castrol Vietnam. Chapter 4: Proposing solutions to enhancing integrated media activities for MCO segment of Castrol Vietnam. 3 CHAPTER 1: INTRODUCING ABOUT MINDSHARE AND CASTROL VIETNAM In general, Mindshare Vietnam is a subsidiary company of GroupM Vietnam.
Because of this, I would like to introduce about them both in this dissertation alongside with Castrol Vietnam. Mindshare’s network consists of 116 offices in 86 countries throughout North America, Latin America, Europe, Middle East, and Asia Pacific, each dedicated to forging competitive marketing advantage for businesses and their brands. Mindshare is part of GroupM, which oversees the media investment management sector for WPP, the world’s leading communications services group.