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According Viet Nam Telecommunications Authority, we can see that internet users in Viet
are growing very fast. If in the end of 2013 we only have nearly 5.3 million users, now we
have more than 12.5 million users in May 2018. The development of Internet is really fast.
With the appearance of 4G in Vietnam, not only Internet but also Mobile Internet is
growing. According to vtv.vn, Viettel has more than 10.6 million 4G users after opening 1
years. The role of the smartphone grows day by day, to the point that it makes it hard to
resist. Although we deliberately ignored it, we finally got our hands on the phone to answer
the message, check new feeds and see the message from social networks.
According to Brands Vietnam and report of Zenith, Internet advertising has surpassed TV
ads and became the largest advertising medium in 2017, accounting for 37.3% of total
advertising spend. Google and Facebook are accounting for 80% of Internet advertising,
Vietnam ranks seventh with 58 million users, up 5 percent in the first quarter, and 16
percent more than in the same period last year. Ho Chi Minh City is also among the top six
cities with the most Facebook users, with 14 million users (dantri.com.vn, 2018), the
browser Google Chrome is the popular web browser in Vietnam in particular and around
the world in general. YouTube is also a famous social media that people can see videos of
famous singer, celebrities advertise for some famous brands and companies they can
advertise their products or their brands on it. From the information above, we can see that
digital marketing in Vietnam currently focuses only on Facebook, Google and YouTube.
We can see many ads on Facebook, YouTube and Google when we are using internet,
companies in Vietnam pay a lot of money for Facebook, Google, Youtube, they want their
information can be shown on the top. That is the situation of digital marketing in Vietnam
nowadays
The share of global ad spend depends on the advertising environment (Source: Zenith)
In Ansoff Matrix, we can see that diet food in Vietnam has many existed diet products such
as: Coca Diet coke, Coca zero, …. And the market is developing day by day and more
diversity.
The diet noodle of MMM is new product, and if they want to rise their “noise” in the
market, they have to have a suitable marketing plans to have a stand in market penetration.
They should use digital marketing because of the development of internet and social media,
people will identity the brand name of MMM faster on diet market.
The growth of “micro-moments” and impact of it on the business in digital age
Micro-moment is a definition of Google in 2011. According to Lecinski (2011), Zero
moment of truth is the moment customers search, find after interacting a thing which make
them do the next step. First moment of truth is what customers think when they see the
product and the impressions they get when they read the description of the product. Second
moment of truth is what customers feel, think, look, hear, touch, smell, and even taste when
they experience the product over time. Ultimate moment of truth is when they satisfied
with the product, customers will share their experiences with the people around them. Their
stories will create zero truth moments for other customers. Today, with the multiplication
of smartphone utilize, these micro-moments scale minutes have turned out to be
increasingly basic to marketers. The intensity of the Internet cannot be undermined. On the
off chance that you provide information of your product to be scanned for every second, to
be looked into as often as possible, and to simply by and large have a solid online nearness;
the measurements demonstrate that the item will in the long run turn out to be more
prominent than different items with a frail online nearness.
2.2 MMM use digital and hardware platforms and the internet for revenue
generation.
MMM should use social platform such as: Facebook, Twitter, YouTube… to advertise their
new product. Because, the number of people use these platforms are very much, it will not
waste much money to run advertisement. On Facebook, you can focus by age, sexual
orientation, work, interests, acquiring practices, relationship status thus substantially more!
This enables you to focus on your correct group of onlookers and put your promotions and
substance in their newsfeed where they are as of now looking over
They can also use e-commerce platforms, because people are purchasing a lot of things
online and it also a good environment for MMM to maximize their profit. Community
Action Platforms can be considered another platform MMM can use, with every bucket of
diet noodles they sell, 1.000VND will be added in the study promotion funds for poor
children, MMM can encourage people buy their product and they can also contribute to
society. Mobile based hardware platforms can be called mobile apps will be a good choice
for MMM, they can advertise their product on the apps in IOS and Android platforms
2.3 Different types of digital tools and digital hardware to support and enhance
marketing and apply it in case of MMM
There are many tools in digital marketing that marketers can use but i will choose 3 key
digital tools and it will help marketers “bricks and mortar”
Definition Advantages Disadvantages
Search Engine SEO is a website SEO is free. It focuses Waster lot of time
Optimization optimization on target individuals to wait ROI and
(SEO) solution so website who are effectively result from SEO
can be easier to searching for Compete with
find website answers/arrangements. millions of pages in
gives you higher ROI search engine
than ordinary
promotions. Top
positions on the search
pages get a dominant
part, so positioning in
these best positions
can result in huge rush
hour gridlock
increments for
company’s site
Paid search engine Search Engine Boost brand awareness PPC costs a lot for
advertising (SEM) Marketing is the and accelerate sales by advertising as well
marketing of making it easy to as building an
advertising on appear high on search optimal campaign.
search engines. It results.
includes: SEO and
PPC
Social Media It is a way of The development of There should be a
Marketing (SMM) marketing through social networks in the staff of highly
blogs, forums, world and in Vietnam qualified,
social networks will lead to spread as connected with the
(facebook, google well as mass effect will community
plus, zingme ...) to help the company to
create a community build the brand as well
of users and as marketing products
marketing products / services.
/ services of the
business.
With these tools I have mentioned, it can help marketers brick and mortar.
In the case of MMM, MMM should use both SMM and SEM. With SEM, because it
included PPC and SEO, SEO can improve MMM’s ranking on search engine rankings,
which means that traffic will increase more and sales will increase since users use the
Google search box is targeted. higher pepper. They have a problem and they need a
solution, or a question and they look for answers, and PPC help MMM’s website or product
can be shown frequently on the web of customers. SMM indirectly helps SEO by creating
more exposure for a website / article. Many studies have shown that sites that perform well
in social networks rank high on Google's search results.
2.4 Consumer life-cycle stages of digital adoption
According to Roger (1962), there are 5 types of people correspond to the chronological
order they accept innovation.
Innovators (2.5%): Innovator is willing to take risks, have the highest social status,
financial liquidity (the ability to buy products quickly with the market price)
Early Adopters (13.5%): These individuals have the highest level of opinion leadership.
They have higher social status, financial liquidity, advanced education and better
socialization than those who accept late
Early Majority (34%): They accept innovation after a considerably longer period of time
than innovators and early adopters
Late Majority (34%): They adopt the following innovations after the average participant.
These individuals approach innovation with a high degree of skepticism and after the
majority of societies have adopted innovation
Laggards (16%): They are the ones who finally accept innovation. These individuals often
have an aversion to innovative management.
In case of MMM, Early adopters, early majority and late majority can be the major targeted
customers of MMM. People in this group maybe women in cities, between 18 and 60 years
old. Because diet food is no longer familiar to the Vietnamese, and people in these group
may be able to use diet noodles. Not to mention, it has fewer calories and fat than other
noodles, and it's made from healthy properties with advanced technology that will surely
satisfy those in the group. Innovators may be aware of this noodles because it is a low
calorie noodles than other products, food reviewers may be interested in the product. As
for laggards, they may accept diet noodles but they do not want to use them much as they
may already be familiar with other noodles.
2.5 The role of different automated and non-automated sales and support activities
Marketing automated Marketing non-automated
Role Marketing Automation is software that Marketing non-automated
automates processes and tasks in will be activities which
marketing such as information need human, such as:
segmentation, customer data integration, Marketing through
and campaign management. According to television, radio… It is not
John Miller (2013), it has 3 roles: depended on technology
- Save time and money.
- Measure and optimize marketing
effectiveness
- Enhance efficiency and profitability