Beruflich Dokumente
Kultur Dokumente
MARKETING PLAN
R E P O R T E D B Y: E S PA N O L A & V I L L A R B A
The Company
VISION:
Creating a Mall for Everyone
Tagline:
“Creating a place for each member of the family to Find All and
Be All”
Current Market Situation
Consumer Behavior
Malls play a major role in consumers’ lifestyle and serve their
needs for socialization and recreational activities,
entertainment and even societal status.
In 2016, the Philippines recorded an impressive economic
growth rate of 6.8%, forecasted to become an upper-middle
income country by 2022.
The chief factors fueling the country’s current consumption
power are foreign receipts from overseas remittance and
business processing outsourcing (BPO) services.
Current Market Situation
Competition
The country's top three retailers, Ayala Land Inc., SM Prime
and Robinsons Land, are planning to launch more shopping
malls and account for the bulk of the new retail space.
They also form partnerships with foreign retail brands to
introduce international brands into the malls.
The retail landscape of the Philippines is already rather
competitive. Both local and foreign retailers are eyeing this
burgeoning market and have been utilizing various marketing
and promotional initiatives.
Porter’s 5-Forces Model on Fisher Mall
Threat of Substitute
Wet markets or bigger supermarket chains nearby
More established malls within QC such as SM North and Trinoma
Industry Rivalry
Presence of more established malls
SWOT Analysis
Strength Weakness
S1 – One of the few retail W1 - Low market share in retail
companies to incorporate SMEs industry compared to their competitors
S2 - Own supply of fish and seafood W2 - Difficulty in accessing regional
products areas
S3 - Strong quality of fish at more W3 - Production capacity at medium-
affordable prices level
S3 - Have resources for expansion W4 - Consumer loyalty not yet
S4 - Fewer "pass on" cost, low price established
S5 - Differentiation of product and W5 - No control on SMEs operation
services W6 - Less popularity and reputation
S6 - Monumental increment in compared to others/competitors
economic growth W7 - Less number of branded shops
S7 - Offers a safe and secure compare to other established malls
shopping environment
SWOT Analysis
Opportunities Threats
O1 - Robust economy, growing T1 - Higher competition/presence of
middle class more established malls
O2 - Retail industry is profitable T2 - Expansion of competitors could
business
monopolize consumers
Q3 - Increase jobs for SMEs
O4 - Could resort to PSE if low on T3 - Inflation rates continue to
capital increase
O5 - Good competition means better T4 - Emergence of E-Commerce
product and services
O6 - Credit access for SMEs
O7 - Branch expansion (local &
international)
O8 - Can expand w/ more number of
branded shops/int’l products to
cater class A and B
Strategic Marketing Objectives
Target Market
Product
Price
Place
Promotion
Offer one stop shop 24/7, not just opening 7am to 10pm
Have leverage on social media: Facebook, Instagram and
Pinterest
Hire social media influencers who are very specific with
reviews that can provide raw and genuine information about
the mall
Conclusion