ASSIGNMENT 3
INDIVIDUAL FINAL
MARKETING
PROJECT
ASSIGNMENT 3: INDIVUDUAL FINAL MARKETING PROJECT
MKTG1205_G25 – MARKETING PRINCIPLES
LECTURE: MS. YEN CHERRY
PREPARED: HOANG NGOC DINH
STUDENT ID: S3836279
WORDS: 1925
Table of Contents
Introduction (150).....................................................3
SWOT analysis and TOWS matrix (300 words).......4
Target Consumer (200 words)..................................7
Differentiation and Positioning (250 words)..............8
Current Marketing Mix performance (550 words)...11
Marketing Objective (100 words)............................14
References.............................................................17
Introduction (150)
Company
The leading Netherland dairy group, FrieslandCampina has been established and
developed for nearly 150 years, has factories in 65 countries and products in more than
100 countries, with almost 18,000 members and a supply of 30 thousand tons of milk
per year. (Thanh Nien News n.d.) (Dutch lady n.d.) In 1996, this company was officially
present in Vietnam in Binh Duong and Ha Nam with comparable products such as
Yomost or Friso. (Suc Khoe Doi Song n.d.)
Product
Dutch Lady is a dairy product line with a strict European control process with the "4 no"
rule and 11 times higher safety standards, to bring purity and high safety to consumers
in Vietnam. And they also offer many flavors of Dutch Lady products such as chocolate,
strawberry, sweetened, unsweetened, blueberry, etc. (dutch lady n.d.)
(131 words)
(Dutch Lady n.d.)
(PLO n.d.)
SWOT analysis and TOWS matrix (300 words)
Strength:
owns many brands.
Dutch Lady has a variety of products to suit the nutritional needs and milk consumption
of all ages. In addition, Dutch Lady also owns two long-standing product lines, Friso and
Yomost with many nutritional sources containing Vitamins A, B, D, and fiber (Brademar
n.d.)
Distribution system:
Consumers can easily find Dutch Lady in stores, get through nearly 200 outlets, and
more than 100,000 retail points, and have a "golden 20 minutes" process of transporting
ingredients to 45 refrigeration points around Vietnam. (VN Express n.d.)
Weakness:
Lack of direct distribution channels:
Dutch Lady is widely sold throughout Vietnam, but Dutch Lady's sales channel is still
mainly through supermarkets or retailers, not directly from the company to consumers.
Therefore, Dutch Lady packaging is produced by two leading reputable packaging
suppliers in the world today, Tetrapak and Combibloc, because the two packages have
differences in size and design, so many consumers panicked when they didn't
thoroughly research and spread on social networks about the fake Dutch Lady. (Dutch
Lady Vietnam facebook n.d.)
(Dutch lady vietnam
Facebook n.d.)
Opportunities:
Customer:
The demand for using and trusting products by Vietnamese people is gradually
increasing each year. From 2021 to 2022, Dutch Lady's e-commerce reached VND 9
billion, an increase of 1.1% compared to last year. (Metric n.d.)
*Vietnam milk market increases
Vietnam's wet milk market reached VND 135,000 billion in 2020, an increase of more
than 8% compared to 2019. In addition, during the period of relaxation, milk
consumption remained stable because people needed to strengthen their immunity.
Threats:
Choice:
Vietnamese consumers have more and more choices in dairy products when big brands
like TH True milk and Vinamlik land in Vietnam.
Non-professional dairy farming:
95% of dairy cows in Vietnam are raised scattered in smallholder farms and on a small
scale, lacking professionalism, people are not trained in skills in husbandry techniques.
In order to raise standard dairy cows, enterprises must invest a large amount of capital,
and domestic technical equipment is still limited, so the dairy herd in Vietnam only
meets about 20-30% of the total demand across the country. (346 words)
Target Consumer (200 words)
Dutch Lady uses demographic segmentation as market segmentation, (IPL n.d.) Dutch
Lady's main customers are loving parents, young children, teenagers, young adults, and
other people. Customers like bright colors. They are people who care about the health
and need to provide enough energy and nutrition for a day. With the target customers
being teenagers, customers using technology devices can be easily and closely
approached (studocu n.d.). Therefore, choosing Dutch Lady is the most effective drink
that mothers or teenagers choose, the product not only meets the needs of health but
also helps the family bond more with love and care. In this way, Dutch Lady also helps
busy people, because it is a delicious, convenient, and nutritious product, but Dutch
Lady's main customer target is still young children. (Brace mar n.d.) (128 words)
Differentiation and Positioning (250 words)
1. DIFFERENTIATION
Logo and imagine:
Blue is the main color of the Dutch Lady logo, which represents freshness, color
freshness, and nature. Along with that is the Dutch lady with the traditional costume of
Netherland farmers with the main colors being red and blue. This eye-catching logo
made it easier for customers to remember and imprinted it in their minds. (Thiet Ke logo
n.d.) Although there are now many milk lines like Vinamilk and TH True milk that also
have the main color of blue, the difference of the Dutch lady in the logo, makes a
difference and commemorates farmers. Therefore, based on Dutch Lady's exclusive
logo, and imported to Vietnam for many years, Dutch Lady's logo has been deeply
imprinted in the hearts of customers.
Different flavors and nutrition:
With demand and competition with other dairy brands, Dutch Lady has launched more
new products with many different flavors and different nutrients with distinctive flavors.
Like a 560g pack of condensed cream containing many vitamins, minerals, and calcium
to help provide nutrients for the body, and develop bones, joints, nerves, and brains.
Also, 380g "full cream" sweetened condensed milk, with the main color yellow-brown,
provides a lot of vitamins A, D3, and B1, supplementing nutrients, energy, learning, and
working effectively. (Bach Hoa Xanh n.d.) Therefore, Dutch Lady has also launched
many special products that other brands do not have.
(bach hoa xanh n.d.)
(bach hoa xanh n.d.)
2. POSITIONING:
Value proposition:
Dutch Lady is an ideal brand that brings nutritious products and provides many vitamins and
calcium to consumers, but the price is not too different from other brands. (255 words)
Current Marketing Mix performance (550 words)
PRODUCT
Dutch Lady was chosen because of its high nutritional content, increased immunity, and
from a company with 150 years of history in the Netherlands. With strict process
"4 no", no preservatives, no chemical colors, no antibiotic residues, and no pesticide
residues. Dutch Lady is offered in different sizes, 180ml, 220ml, and 1 liter, and
powdered milk lines. (Bach Hoa Xanh n.d.) In addition, Dutch Lady is gradually adding
more flavors to compete with dairy brands, like the traditional flavor is no sugar, 100%
sugar, strawberry, or chocolate, and they just released blueberry and yogurt flavours in
2020. (Dutch Lady Vietnam Facebook n.d.)
It must be said that the flavors of Dutch Lady are very special and unique, different from
other dairy products, the design also reminds consumers of the beautiful Netherlands
with quality dairy cows by farmers.
(Bach Hoa Xanh n.d.)
PRICE
Dutch Lady applies a competitor-based pricing method by offering the most reasonable
price possible, with 110ml bottles ranging from 7,000vnd to 10,000vnd. For a 1-liter
case, the price is 46,000vnd (GS25 n.d.) In addition, they also have promotions with
practical gifts. (Facebook n.d.) Besides, Dutch Lady also gives backpacks and children's
items when buying in combos, and on the backpack, there will be a code, when
scanning the code, children can experience the farmer character, and the process of
Dutch Lady milk creation. (Marvy co. n.d.)
(Marvy co. n.d.)
PLACE
Dutch Lady is a product of FrieslandCampina company and has 5 offices, Bien Hoa, Ha
Noi, and Hai Phong, also which 2 headquarters, Binh Duong and Bien Hoa, Vietnam.
Dutch Lady decided to build a nationwide marketing and distribution system with more
than 150 distributors, 700 suppliers, and more than 150 retailers across the country.
(dbav n.d.)
(Dien lanh phuong dong n.d.)
Dutch Lady mainly uses different intermediaries to sell its products such as Tiki,
Lazada, or Shopee e-commerce, and other physical stores like [Link] mart, BigC, or
Winmart. Therefore, with Dutch Lady's wide distribution, they can reach customers
easily, but the sales channel is still not directly selling to consumers, and the risks of
counterfeit products greatly affect the quality of the business.
(Metricvn n.d.)
PROMOTION
To increase the number of customers and promote the brand, Dutch Lady is advertised
very strongly in the media through marketing channels such as TV, Newspaper, social
media, or billboards with the aim of increasing market reach with the slogan "San Sang
Mot Suc Song", and with media channels such as Youtube, Facebook, or Tiktok being
fully utilized, the number of the company is increasing and steadily in the Vietnamese
market. (marketing24h n.d.) Besides, Dutch Lady also has practical gift giving programs
on holidays, such as backpacks, bowls, and other items. (Facebook n.d.)
(Facebook n.d.) (facebook n.d.)
Moreover, Dutch Lady's public relation is also a good example. They organized the
establishment of a scholarship fund for poor students, (Doanh Nhan Saigon n.d.)
supported and donated 120,000 dairy products to people in Da Nang during the
Covid19 pandemic season. (Cong An n.d.) (478 words)
(Doanh nhan n.d.)
Marketing Objective (100 words)
Time:
The period is from November 10, 2022, to February 20, 2023. (4 months).
Increase the level of communication in Vietnam:
With the number of interactions especially among teenagers and young children, the
goal is to increase to 3% on e-commerce like Sendo, Tiki, Shopee, or Lazada, increase
70,000 mentions on social platforms like Facebook, Instagram or Tiktok. In addition,
increase the amount of brand image advertising with the goal of increasing profits by
20% and reaching 1,700 billion every 4 months. (81 words)
Marketing Recommendations (2Ps) (450 words)
Stage 1: (10/11/2022 - 10/12/2022)
To prepare a perfect plan to increase the number of customers and profits, the Dutch
Lady needs to start planning for upcoming occasions such as Christmas, Tet 2023, and
Valentine's Day. In the first month of the plan, the company needs to increase
advertising volume in big cities in Vietnam, such as Ho Chi Minh or Ha Noi, by placing
ads in supermarkets or amusement parks. Public relation is a plan to achieve 2 benefits,
go to charity to help the homeless, and give them nutritious dairy products, thereby
increasing interaction and traffic for the brand. Finally, start designing the advertising
background with the main colors red and green with Dutch Lady dairy products for the
Christmas plan. In addition, the company can hire famous Tiktoker such as Dao Le
Phuong Hoa, Ciin, and Pham Vinh so that they can advertise Dutch Lady products with
trending dances and advertise with their signature style. Currently, Tiktok is a famous
entertainment channel in Vietnam, and according to statistics, there are 8 new
subscribers every second. (Brandvietnam n.d.) In these ways, the first month of the plan
will be expanded, increasing the amount of advertising on the social network market,
and advertising in big cities, and with the presence of celebrities, the product will be
more trusted.
Stage 2: (11/12/2022 - 10/1/2023)
In the first month, the Dutch Lady Vietnam company hit hard on advertising. In the
second month, we still must continuously advertise to the market on other social
networks, such as Youtube, Tik Tok and Facebook which are the top social networks in
Vietnam, with hashtags like #NoelwithDutchLady #drinking-DutchLady-receiving-gift-
kute #opening-lid-receiving-gift. This month, we need to launch a product with a
Christmas theme and create an event for children for the winner to receive many cute
gifts such as teddy bears, dolls, or learning materials, events will take on December 20
to December 27. Finally, plan more attractions for Tet 2023 and Valentine’s day.
Stage 3: (January 11, 2023 - February 20, 2023)
With 2 months of continuous promotion of advertising, the goal of increasing traffic and
brand memory, advertising strategies, and attracting children with practical gifts, now
will be the time to officially launch the product for children. Tet 2023 to achieve more
profits and recover the capital incurred. We will collaborate with the stage program, with
the design around the stage being the Dutch Lady brand, with the dance group and
dancers, dancing the Dutch Lady song at the start of the performance in the city center.
In addition, create a program to buy 2 milk cartons and get 10 red packets, or open the
lid of powdered milk and receive 1 gold thread and other dairy products. As Valentine's
Day approaches, we can make Dutch Lady strawberry flavored product "sweet with
strawberry flavor" theme, and have a buy 1 get 1 free promotion from February 1 to
February 20, 2023.
With these strategies, Dutch Lady will achieve a huge amount of interaction and at the
same time increase profits after this plan. (508 words)
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