Presentation is loading. Please wait.

Presentation is loading. Please wait.

2010/09/27 Elly & Jason 2010/09/27 Elly & Jason.  Product introduction  Marketing plan  Cost  SWOT analysis  Conclusion.

Similar presentations


Presentation on theme: "2010/09/27 Elly & Jason 2010/09/27 Elly & Jason.  Product introduction  Marketing plan  Cost  SWOT analysis  Conclusion."— Presentation transcript:

1 2010/09/27 Elly & Jason 2010/09/27 Elly & Jason

2  Product introduction  Marketing plan  Cost  SWOT analysis  Conclusion

3

4 Main ingredient: Red Ginseng Effects of Red Ginseng - Increasing energy - Stimulating sexual function - Reducing the incident of cancer Natural healthy ingredient

5 The U.S. domestic market: $10 billion Market structure

6 Red Bull Monster

7

8 Price $1.99 Price $1.99 Product Healthy Ingredient Product Healthy Ingredient Place Three major food retailer: Wal-Mart, Kroger Co., Costco Place Three major food retailer: Wal-Mart, Kroger Co., Costco Promotion Buy one get one free campaign Promotion Buy one get one free campaign Target People Above 35 years old Target People Above 35 years old

9 ItemPrice Retail price in Korea$1 Shipping$8 / 1 cubic foot $0.02 per bottle Duty$0.05 (approximation) ( free for ginseng root; $0.01 for beverage with 0.06 liter ) Total cost: $1.07 / bottle Retail price: $1.99 ( Red bull – $1.99, Monster – $2.29 ) Source: http://uboxworldwide.com/international-shipping/korea_south/http://uboxworldwide.com/international-shipping/korea_south/ http://usitc.gov/publications/docs/tata/hts/bychapter/1002C12.pdf http://usitc.gov/publications/docs/tata/hts/bychapter/1002C22.pdf

10 Strengths: 1. Healthier 2. High quality ginseng resource 3. Variety of ginseng product 4. Price Weaknesses: 1. Flavor 2. People might not be familiar with ginseng drink and pill Opportunities: 1. Awareness of Healthy food 2. Up coming FTA between Korea and the U.S. Threats: 1. Taste of American consumer 2. People in the U.S. get used to drinking coffee Add honey

11  A healthier alternative to energy drink  A challenge to change people’s habit of drinking energy drink  To expand the market to the North & South America in the future

12  http://en.wikipedia.org/wiki/Ginseng http://en.wikipedia.org/wiki/Ginseng  http://www.kgc.or.kr/front/kgc/network/network.do http://www.kgc.or.kr/front/kgc/network/network.do  http://researchwikis.com/Energy_Drinks_Market http://researchwikis.com/Energy_Drinks_Market  http://supermarketnews.com/profiles/top75/2010/index.html/ http://supermarketnews.com/profiles/top75/2010/index.html/  http://www.pe2000.com/caffeine.htm http://www.pe2000.com/caffeine.htm  http://kgc.or.kr/brand/product.do?productCtgryGroup=3&nav= 2_4_0 http://kgc.or.kr/brand/product.do?productCtgryGroup=3&nav= 2_4_0  http://uboxworldwide.com/international-shipping/korea_south/ http://uboxworldwide.com/international-shipping/korea_south/  http://www.export.gov/FTA/korea/index.asp http://www.export.gov/FTA/korea/index.asp  http://en.wikipedia.org/wiki/Main_Page http://en.wikipedia.org/wiki/Main_Page  http://usitc.gov/publications/docs/tata/hts/bychapter/1002C12.pdf http://usitc.gov/publications/docs/tata/hts/bychapter/1002C12.pdf  http://usitc.gov/publications/docs/tata/hts/bychapter/1002C22.pdf http://usitc.gov/publications/docs/tata/hts/bychapter/1002C22.pdf


Download ppt "2010/09/27 Elly & Jason 2010/09/27 Elly & Jason.  Product introduction  Marketing plan  Cost  SWOT analysis  Conclusion."

Similar presentations


Ads by Google