ACKNOWLEDGEMENT In the history, there has never had any great person who can get sucess without the support from other people. We are not great people, but we are the same like them at a point that our certain degree of sucess as today is attribute to great contribution of many people. First of all, we would like to express our gratitude to all members of Global Advanced program. They are enrollment, training , teaching and study managing, class managing departments and so on.
Thanks to their support, we have finished our course in the most favourable conditions. We are greatful to them not only for their efforts in the jobs but also for their deep care about our spiritual life. Therefore, we always felt comfortable during the course. We would like to send heartfelt thank to enthusiatic lecturers.
They have conveyed their valuable knowledge and experiences to us with all their hearts. Thereby, we not only get much new knowledge but also know how to apply them into our jobs in the most efective ways. Last but not least, they are our families and relatives. We do not how what words can be used to express our love and heartfelt gratitude to them.
Thanks to them, we are not alone in this difficult way to conquer knowledge. Thank you very much. Group N0_ 09 CONTENT LIST OF TABLES, DRAWINGS, AND GRAPHS. vii GENERAL INTRODUCTION.
The necessity of marketing in business operation in general and foodstuffs in particular. Some basic concepts of marketing:. The role, position of marketing in business operation:. Content of marketing management:.
Factors affecting marketing activity of the enterprise:. Making plan for marketing activity in the enterprise:. General concepts, matters and contents related to marketing strategy in the food sector. General concepts, matters and contents related to marketing strategy in the food sector:.
Contents related to marketing strategy in the food sector:. Theoretical models and strategies of marketing management in foodstuff industry. The 4P marketing model:. The 4Ps combined model:.
The 4C marketing model:. Primary data collection method:. Direct survey method:. Applying the data method of the student group:.
Reason for choosing the research method:. 38 ANALYZING THE REAL SITUATION OF.38 VIETNAM FOODSTUFF JSC. General about Vietnam Foodstuff JSC. Process of formation and development:.
Introduction about the Company:. Process of formation and development:. Business profession and main products:. Objectives and missions:.
Personnel structure and management machine of the company:. Management machine organization:. Analyzing the situation and business production operation results of Vietfoods in 03 years from 2006-2008. The business production operation situation.
The business production operation results. The effect of the business climate to the business production operation. Analyzing the issues on construction and management of marketing strategy of the company. The construction and deployment of marketing strategy in business of Vietfoods:.
PLACE OF DISTRIBUTION:. Target market and product positioning:. Evaluation of marketing activities of Vietfoods, defining the existences of marketing strategy of Vietfoods. Marketing operation of Vietfoods:.
Existences in marketing strategy of Vietfoods:. Analyzing the causes of existences stated above. 84 SOME SOLUTIONS AND RECOMMENDATIONS TO BUILD MARKETING STRATEGY FROM 2010-2015 OF VIETFOODS. General solutions in the Marketing operation of Vietfoods.
Specific solutions in Marketing – mix (7P). Solutions in product policy (P1- Product). Solution in price policy and price strategy (P2- Price). Solution in channel of distribution strategy (P3- Place).
Solution in promotion-communication (P4- Promotion). Solution in Process (P6- Process). Conditional solution about material environment (P7- Physical Evidence)93 CONCLUSION. 98 iii Group N0_ 09 LIST OF TABLES, DRAWINGS, AND GRAPHS LIST OF TABLES: Table 2.
Report on business production operation results of 2006 – 2008.46 LIST OF DRAWINGS, AND GRAPHS: Figure 1. Theoretical model of marketing 4Ps. the combination between model 4P and 4C. Sales revenue from 2006 – 2008 (Unit: Million dongs).
Current product distribution model of Vietfoods. Product distribution model proposed by the research group. Some algae jelly products being for sale in the market. Aspects of human resources competence.
the integration of human resources with the company strategy.66 iv Group N0_ 09 FOREWORDS In recent years, Vietnam economy has reached positive changes, from concentrated planning and subsidized economy to market economy, step by step integrating into the world economy. Especially, on November 7th 2006, Vietnam is officially admitted to be the 150th member of World Trade Organization (WTO) and on November 2nd 2007, Vietnam became an official member of this Organization. Transferring into market economy and joining into World Trade Organization of Vietnam market has confirmed the integration of Vietnam into the world market, especially in commercial field. Many economic policies need to be changed to make them suitable with regulations of WTO.
Researching and implementing of marketing activity not only stops at concepts but also is analyzed and built to be an orientation, a strategy and by enterprises because of the aim of maximizing their benefit. When researching operation of market economy, we can see, marketing problem in manufacturing and trading should be paid special attention to by business administrators. It must be said that Marketing is the core point and key to the success of an enterprise. Marketing strategy helps enterprise to have more flexible reaction in business.
Decisions in marketing activities shall incorporate with the survival and success of an enterprise. The more suppliers are there in market, the more difficult business is. Competition matter between companies and enterprises is becoming more drastic. Considering in term of sector, if its competition is drastic, label competition is more drastic.
Vietnam is a nation which has a long coastline that stretches along the North to the South. Natural resources of sea have been exploring to serve the nation’s economic development. Many kinds of botanical species have been explored and processed into product serving human life. One of marine botanies is gracilaria, it is processed into algae jelly product, one type of product which is helpful to human health in current life and industrial style.
v Group N0_ 09 On Vietnam food market, many enterprises take part in producing algae jelly product, such as: Vietfoods corporation, Long Hai Limited Company, Hai Ha Confectionery Joint Stock Company, Huu Nghi Quality Confectionery Joint Stock Company, Nghia My Limited Company, Tan Tan Food Company. In such environment which has many producers and suppliers taking part in, their competition in selling more goods and market share is unavoidable; that is common issue of all enterprises. However, how to sell more goods and have more market share is a separate issue of each enterprise. In detail, each enterprise shall have it own marketing strategy and method, way to implement that marketing activity then it will have chance to reach its target.
After researching in Vietfoods Corporation (Vietfoods), with main product algae jelly, trainees in group 9, class GeMBA01.E03 have chosen subject to graduation exercise as follows: Building marketing strategy for the period of 2010 - 2015 of Vietfoods Corporation. Due to limited knowledge as well as there are certain difficulties in time for researching, surveying market and this exercise will not avoid shortcomings. With spirit of promoting, we hope to have the contribution from teachers and trainees. Trainees in group No.E03 would like to give our sincerely thanks to teachers in Protection Board and teachers who give lectures enthusiasm and help us during the MBA course and process of implementing this subject.E03 Group: N0 09 Nguyen Duc Duong Chu Van Tien Tran Van Thuong Luong Quang Tuan vi Group N0_ 09 INTRODUCTION GENERAL INTRODUCTION 1.
Necessary of implementing this subject: During studying process, trainees of MBA course have learnt much knowledge of business administration. With collected knowledge and researching related documents in field of business administration, they help each member in MBA training course to have a new view and logic approach when trainee deals with issues emerging during practice of production and business. Trainees in group 9 would like to choose when doing this graduation exercise is to build marketing strategy for enterprise, this is a new field even Vietnamese economists also have just researched and applied into market in recent years. Members in this group are staff working for electric power sector.
Because of Vietnam specific characteristics, currently competitive electric power sector between electric suppliers still haven’t been established, so that the work of building marketing strategy in electric power enterprise is still not specific. Therefore, the group decided to research marketing strategy of other economic sector, in which its product incorporates into market and consumer and it has to be subject to specific pressure on competition. During the last 10 - 15 years for world market and since 2005 for Vietnam market, there has been appearance of fine powder processed products from algae, these products has been more and more developing and replaced to a number of traditional confectionary products which are used daily by users, especially in Tet’s holiday. Algae jelly is characteristic product belonging to above product group, which is processed from marina gracilaria, one type of marina product with its advantages are to cool, good for digestion, good care and nutrition and it can strengthen energy for human.
vii Group N0_ 09 Currently, consumption demand of consumer to algae jelly product is large; this product appears in many business places and is competitor that step by step takes market share of other traditional confectionary products. With these above characteristics, subject “building marketing strategy in period 2010 - 2015 of Vietfoods Corporation” is suitable subject to requirement and nature of marketing research. From this subject, research group would like to express its information and with enterprise to create new business capacity to help enterprise to have bigger market share to its product; it is synonymous that enterprise shall increase its revenue and benefits in the future. Purpose of research: Nowadays, customers are consider as easy to change person, they are always have trend to find new things, and their ability of identifying, evaluating product has improved much; they are persons who always pursue their passion.
Marketing may be the combination of these above factors. To cope with and overcome challenges and pressures from customer, marketer shall find the way to logically balance tools with marketing programs when starting distribution of these products or service to consumers with reasonable price and on time, at the right place and specific characteristics suitable to them. Marketer shall be responsible for meeting changeable requirements of customers about their hobby and priority, etc. when the economy increases or decreases.
Algae jelly product is sold widely in the market with diversified origin, produced by domestic enterprises and algae jelly product is also imported into Vietnam from sub-section routes. From surveying and researching algae jelly product of Vietfoods Corporation, researching group has found that products of this Corporation have been faced up with strong competition on the market; besides, products of Vietfoods corporation is not only the product which is dominant market. viii Group N0_ 09 From this research, trainee group would like to contribute its idea helping enterprise to have views in different ways about marketing and to build its strategy for product development in the period 2010 - 2015. Method of implementing research: To implement subject “Building marketing strategy in the period 2010- 1015 of Vietfoods Corporation”, implementation group agreed on using method of data surveying then based on studied methodology basis to analyze and give comment, evaluation and proposal.
Common principle to any process and decision making or in other words to give any conclusion to any issue, it is necessary to base on real survey and combine with academic methodology basis. For marketing research, the above principle shall express clearer. Because, marketing is understood as the way to incorporate market with customer; while market and customer is concepts related to real situation, it progresses and changes out of manager’s subjective thinking, it can be understood in emulation way that manager can drive market and customer into planned way.