A Proposed marketing plan for Del Monte Philippines, Inc.

Del Monte Philippines, Inc. launched Sliced Junior Pineapple (SJP) in the market on February 18, 1994. However, because Del Monte was still in the process of observing how the consumers would respond to the product, the company has not yet completely supported Sliced Junior Pineapple. Being the only...

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Main Authors: Chuaunsu, May Ranee Tan, Ebarvia, Sherilyn Navarro, Sia, Pollyanna Chua, Talento, Marietta Santos
Format: text
Language:English
Published: Animo Repository 1995
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/16857
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-173702021-12-14T03:22:16Z A Proposed marketing plan for Del Monte Philippines, Inc. Chuaunsu, May Ranee Tan Ebarvia, Sherilyn Navarro Sia, Pollyanna Chua Talento, Marietta Santos Del Monte Philippines, Inc. launched Sliced Junior Pineapple (SJP) in the market on February 18, 1994. However, because Del Monte was still in the process of observing how the consumers would respond to the product, the company has not yet completely supported Sliced Junior Pineapple. Being the only product of its kind in the market, the proponents aim to develop a market for Sliced Junior Pineapple and increase its contribution to the total profitability of Del Monte's line of pineapple solids. SJP will be targeting the kids aged 12 years and below and will be positioned as a healthy kiddie snack . A new size of can for Sliced Junior Pineapple and necessary changes in the packaging and improvement in the formulation of the product, that will appeal to the target market are proposed to be made. A retail price of PHP 22.65 for the new can size of SJP is recommended. With regard to the distribution of the product, SJP will adopt the current distribution system for Del Monte products. To facilitate growth of product awareness, advertisements for both television and print will be heavily used. TV ads will be aired in children's shows with high TARP ratings while print ads will target the mothers. A 50% increase in sales is expected in November 1995 to October 1996. To help achieve the expected increase in sales, additional incentives and promotional activities (5 for 25, Let's Build a Paradise Now, Summer's Cool, Kiddie Food Trip, and Save It for Us) for distributors and end-consumers shall be developed. With all these strategies, an estimated PHP 6,734,095.88 cost of investment will be realized. 1995-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/16857 Bachelor's Theses English Animo Repository
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
description Del Monte Philippines, Inc. launched Sliced Junior Pineapple (SJP) in the market on February 18, 1994. However, because Del Monte was still in the process of observing how the consumers would respond to the product, the company has not yet completely supported Sliced Junior Pineapple. Being the only product of its kind in the market, the proponents aim to develop a market for Sliced Junior Pineapple and increase its contribution to the total profitability of Del Monte's line of pineapple solids. SJP will be targeting the kids aged 12 years and below and will be positioned as a healthy kiddie snack . A new size of can for Sliced Junior Pineapple and necessary changes in the packaging and improvement in the formulation of the product, that will appeal to the target market are proposed to be made. A retail price of PHP 22.65 for the new can size of SJP is recommended. With regard to the distribution of the product, SJP will adopt the current distribution system for Del Monte products. To facilitate growth of product awareness, advertisements for both television and print will be heavily used. TV ads will be aired in children's shows with high TARP ratings while print ads will target the mothers. A 50% increase in sales is expected in November 1995 to October 1996. To help achieve the expected increase in sales, additional incentives and promotional activities (5 for 25, Let's Build a Paradise Now, Summer's Cool, Kiddie Food Trip, and Save It for Us) for distributors and end-consumers shall be developed. With all these strategies, an estimated PHP 6,734,095.88 cost of investment will be realized.
format text
author Chuaunsu, May Ranee Tan
Ebarvia, Sherilyn Navarro
Sia, Pollyanna Chua
Talento, Marietta Santos
spellingShingle Chuaunsu, May Ranee Tan
Ebarvia, Sherilyn Navarro
Sia, Pollyanna Chua
Talento, Marietta Santos
A Proposed marketing plan for Del Monte Philippines, Inc.
author_facet Chuaunsu, May Ranee Tan
Ebarvia, Sherilyn Navarro
Sia, Pollyanna Chua
Talento, Marietta Santos
author_sort Chuaunsu, May Ranee Tan
title A Proposed marketing plan for Del Monte Philippines, Inc.
title_short A Proposed marketing plan for Del Monte Philippines, Inc.
title_full A Proposed marketing plan for Del Monte Philippines, Inc.
title_fullStr A Proposed marketing plan for Del Monte Philippines, Inc.
title_full_unstemmed A Proposed marketing plan for Del Monte Philippines, Inc.
title_sort proposed marketing plan for del monte philippines, inc.
publisher Animo Repository
publishDate 1995
url https://animorepository.dlsu.edu.ph/etd_bachelors/16857
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