MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION GRADUATION THESIS MAJOR INDUSTRIAL MANAGEMENT TOPIC: IMPROVING THE EFFECTIVENESS OF MARKETING - MIX ACTIVITIES FOR TL - BALLPOINT PEN PRODUCTS AT THIEN LONG GROUP ADVISOR:VO THI XUAN HANH STUDENT’S NAME: LUONG THI THUY HANG STUDENT’S ID: 16131024 SKL 0 0 6 7 2 3 HO CHI MINH CITY, DECEMBER 04, 2019 do an ` MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION FACULTY FOR HIGH QUALITY TRAINING GRADUATION THESIS TOPIC: IMPROVING THE EFFECTIVENESS OF MARKETING - MIX ACTIVITIES FOR TL - BALLPOINT PEN PRODUCTS AT THIEN LONG GROUP Advisor: MBA Vo Thi Xuan Hanh Student’s Name: Luong Thi Thuy Hang Student's course: 2016 Student’s ID: 16131024 Major: Industrial Management Ho Chi Minh City, December 04, 2019 do an COMMENTS OF INSTRUCTOR ------------------------------------------------------------------------------------------------------------------------------------- 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------------------------------------------------------------------------------------------------------------------------------------- Ho Chi Minh City, …/…/2019 Instructor i do an COMMENTS OF CRITICAL LECTURER ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- 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------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- Ho Chi Minh City, …/…/2019 Critical Lecture ii do an ACKNOWLEDGEMENTS In the process of making this report, I feel very fortunate to have received so much help from the company, my family, lecturers, friends. First of all, I would like to thank Ms. Vo Thi Xuan Hanh, lecturer’s Faculty of Economics at Ho Chi Minh City University of Technology and Education. Ho Chi Minh, the most sincere thanks to her for wholeheartedly guiding me to carry out the project through discussions.
Without the guidance and editing from her, my graduation thesis will be difficult to complete. Once again, I would like to sincerely thank you. Then, I would like to thank the employees who work at Thien Long Group Corporatio especially the Marketing Department members who have always been enthusiastic and support me during the internship. So I have enough data to do my internship report and graduation thesis.
In addition, I would like to thank lecturers’s Faculty for High Quality Training for giving me the basic knowledge about the field of economics in the learning process, helping me have a good basis for implementing the thesis well. During this internship, I was exposed to the real environment, learning about the distribution of stationery products. I was still quite limited of knowledge as well as the time when I only practiced for three months. So, my graduation thesis also cannot avoid shortcomings.
Therefore, I really want to receive valuable suggestions from lecturers to improve the topic. Finally, I wish the lecturers are always healthy, TLG always has good business results and grows stronger. I thank you all sincerely! Ho Chi Minh City, December 04, 2019 Luong Thi Thuy Hang iii do an LIST OF ACRONYMS Acronyms Meaning of words ASM Area Sales Manager AQL Acceptable Quality Level CPC Cost – Per – Click DMS Distributor Management System GDP Gross Domestic Product GT General Trade MT Modern Trade QC Quality Control R&D Research and Development SBU Strategic Business Unit TLG Thien Long Group WTO World Trade Organization iv do an LIST OF FIGURES Figure 1.1: The organizational structure of Thien Long Group Corporation .1: Distinguish marketing policies and marketing strategies .2: Basic Marketing – Mix Model .3: Types of distribution channels .4: The main activities of mixed promotion .1: The organizational structure of Marketing Department .2: Market share of pen products in 2019 .3: Prices of TL ballpoint pen by market segment .4: Description of retail distribution channels directly to consumers .5: Photos of signs at Thien Long’s retail points.6: Billboard at Nguyen Thi Minh Khai Street .8: TL - Ballpoint pen shelf at the 2019 customer conference .9: Student of HCMC University of Technology and Education participated in the Exam Season Supporting Program 2018 .10: Review Conference for the Exam Season Supporting Program 2018 42 v do an LIST OF TABLES Table 1.1: Business results of the Company in the period of 2016 - 2018.1: Analysis of TL pen product’s revenue in the period of 2016 - 2018 .2: Revenue of pen products of the company for the period 2016 - 2018 .1: SWOT analysis of Thien Long Group. 61 vi do an TABLE OF CONTENTS PREFACE.
1 CHAPTER 1: THE INTRODUCTION TO THIEN LONG GROUP .1 Overview of Thien Long Group .2 Mission, vision, core values & 5-year strategic goals of TLG .2 History and development milestones .3 Scope of activities .1 Scope of activities of Thien Long Group and its subsidiaries .2 Main product lines of Thien Long Group .4 Organizational structure at Thien Long Group .5 The financial situation of TLG in the period 2016-2018 .6 Summary of chapter 1. 9 CHAPTER 2: THEORETICAL BASIS OF MARKETING-MIX ACTIVITIES 10 2.1 Marketing – Mix activities in the business .1 Definition, distinguish marketing policies and marketing strategies .2 The role of Marketing - Mix policy in the business .3 The structure of Marketing – Mix policy in the business .4 The basic content of the Marketing – Mix policy .2 The criteria to evaluate the effectiveness of Marketing – Mix activities .1 Criteria for evaluating product policies effectiveness .2 Criteria to evaluate price policies effectiveness .3 Criteria for evaluating distribution policies effectiveness .4 Criteria for evaluating the promotion policies effectiveness. 19 vii do an 2.3 Summary of chapter 2. 19 CHAPTER 3: CURRENT SITUATION OF MARKETING – MIX ACTIVITIES FOR TL - BALLPOINT PEN PRODUCTS AT THIEN LONG GROUP .1 The organizational structure and duties of the Marketing department .1 The organizational structure of Marketing Department .2 Real situation of Marketing – Mix activities for TL - Ballpoint Pen Products at Thien Long Group .1 The position of the business; Characteristics of sales activities, customers .3 General assessment of Marketing activities for TL - ballpoint pen products of Thien Long Group in the period 2016-2018 .2 Limitations Marketing - Mix activities for TL's ballpoint pen products .3 Factors influencing Marketing- Mix activities of Thien Long Group .4 Summary of chapter 3.
60 CHAPTER 4: COMMENTS AND SOLUTIONS TO IMPROVE THE EFFECTIVENESS OF MARKETING - MIX ACTIVITIES FOR TL BALLPOINT PEN PRODUCTS AT THIEN LONG GROUP .1 SWOT analysis for Thien Long Group .2 The development orientation and business goals of TLG.1 Development orientation of TLG in 2020. 62 viii do an 4.3 Solutions to improve effectiveness of Marketing Mix activities for TL - ballpoint pen .4 Mix - Promotion policy .1 For the Government .2 For Thien Long Group.5 Summary of chapter 4. 72 ix do an PREFACE 1. Reason to choose the topic According to Brand Vietnam, most Vietnamese businesses are currently operating in a volatile business environment.
In the context that Vietnam is integrating with the region and the world as today, Marketing - Mix plays an important role for each business in product development, making reasonable and competitive pricing policies, developing the market through distribution channels as well as promotion policies. By applying Marketing - Mix activities, Vietnamese businesses increasingly enhance their position in the international market, making a very important contribution to building the country. TLG is a company specializing in manufacturing and trading of products in the field of stationery such as pens, school supplies, art supplies, office supplies, ink supplies…TLG is gradually consolidating and developing its business activities to be able to meet the needs of customers, improve the company's competitiveness against competitors to survive and have a firm foothold in the market. At Thien Long Group Corporation, marketing activities play an important role in helping the company meet a part of market demand.
During my internship at the company, through evaluating the mixed marketing activities specific to the TL – ballpoint pen product, I found that the marketing activities of the company besides the positive side still exist some shortcomings need improving to stand firm in the market. Therefore, I would like to choose the topic: “Enhancing effectiveness of Marketing - Mix activities for TL - Ballpoint Pen products at Thien Long Group Corporation” is topic for my graduation thesis. Research objectives - Analysis of Marketing – Mix activities for TL - Ballpoint Pen products at the company - Assess the real situation, advantages and disadvantages of Marketing – Mix for TL - Ballpoint Pen products at the company, then propose specific solutions suitable to the current business situation of the company and future development orientation. Object and scope of study - Object: The thesis mainly studies issues related to Marketing – Mix activities for TL - Ballpoint Pen products - Scope of study: Space: The research was conducted at Thien Long Group Corporation Time: The topic only focuses on researching Marketing – Mix activities for TL - Ballpoint Pen in the period 2016 - 2019 4.
Research Methods - Methods of collecting information and documents at the company, surveys are published on the Internet. - Theoretical research method is associated with practical theory at Thien Long Group Corporation. The layout of the topic The layout of the graduation thesis consists of 4 chapters: - Chapter 1: The introduction to Thien Long Group - Chapter 2: Theoretical basis of Marketing activities - Chapter 3: Real situation of Marketing – Mix activities for TL - Ballpoint Pen products at Thien Long Group - Chapter 4: Comments and solutions to enhancing the effectiveness of Marketing – Mix activitive for TL - Ballpoint Pen products at Thien Long Group 2 do an CHAPTER 1: THE INTRODUCTION TO THIEN LONG GROUP 1.1 Overview of Thien Long Group 1.1 General information or (Source: Human Resource Department) - Slogan: “Knowledge Strength” - Company’s name: Thien Long Group Corporation - Stock code: TLG - Authorized capital: 657.000 VNĐ - Headquarters: Lot 6-8-10-12, Road No. 3, Tan Tao Industrial Park, Tan Tao A Ward, Binh Tan District, HCM City - Tel: (84.28) 3750 5555 - Email : info@thienlonggroup.com - Website : www.2 Mission, vision, core values & 5-year strategic goals of TLG Mission: “Thien Long is committed to bringing the best quality products, stationery and services to the study, work and creativity to conquer the peak of human knowledge”.
Vision: “Bring Thien Long products to every region of the country and around the world”. Core values: “Pioneering in technology, creativity and breakthroughs to create the best products, environmental friendliness, serving the needs of consumers. Tireless efforts and enthusiasm in all activities to bring businesses growing. To be fair to customers, suppliers and partners.
Act honestly, transparently in all activities and transactions. Considering people as a key factor, unanimously uniting to build a thriving Thien Long community, contributing to the progress of society with the spirit of kindness and humanity. 3 do an Strategic goals of TLG - Becoming No. 1 stationery company in Southeast Asia and leading in Asia in manufacturing and trading stationery products.
Professionalizing and automating production; promote R& D activities. - Professionalizing wholesale distribution and specialization of retail operations; developing all domestic sales channels; expand export market. - Become one of the leading companies in Vietnam to bring the highest benefits to employees, customers, businesses and shareholders.3 Subsidiaries Thien Long Group consists of 5 subsidiaries: Thien Long Hoan Cau Trading and Service Company Limited Thien Long Long Thanh Manufacturing and Trading Company Limited Tan Luc Trading and Service Company Limited - Southern Branch Tan Luc Trading and Service Company Limited – Northern Branch Tan Luc Trading and Service Company Limited – Central branch 1.2 History and development milestones - 1981: Establishment of Thien Long ballpoint pens factory.