Turnaround Strategies For Bloop: Fall 2019 MKT460: Strategic Marketing Sec: 6
Turnaround Strategies For Bloop: Fall 2019 MKT460: Strategic Marketing Sec: 6
Turnaround Strategies For Bloop: Fall 2019 MKT460: Strategic Marketing Sec: 6
Assigned to:
Name ID
Limes Tahima 1430489030
Tariqual Islam 1512157030
B M Joynul Abedin 1520498030
Syed Mahmood Tanim Partho 1611818630
Nabila Binte Habib 1711477630
Shakhawath Hossain 1610901030
Farhed Khan 1520520030
1
SL Name ID Contribution/ Topics (written/done for the report)
Number
05 Ilme Tahima 1430489030 Identifying problems (Declining sales, loss of market
share, Declining Customer satisfaction)
1.3 Industry Introduction
1.4 Company Overview
1.5. Introduction of SBU
B. Product from 2.0 ( last half)
C. Pricing from 2.0
E. Plan an IMC campaign for this new/updated SBU
Design: Pipe Ice-cream Poster
Syed Mahmood 1611818630 1.10. Find the Strategic Gaps developing a SWOT -TOWS
Tanim Partho Analysis in a table.
2.1 Price & Promotion form turnaround strategies.
32 Nabila Binte Habib 1711477630 1.9 4Ps (current one and briefly)
2.1 Place & distribution form turnaround strategies.
20 Md. Shakhawath 1610901030 1.6 Identifying key stakeholders (Internal & External),
Hossan Saikat Micro & Macro Environment Analysis, PESTLE analysis
on 1-5 scale with table.
1.7 Develop a Porter’s 5 forced analysis (scale -3 to +3)
using the model and table.
B. Product (1st half) from 2.0
C. Pricing from 2.0 (Full)
D. Distribution from 2.0 (Full)
Design: Mobile App and Products
15 Farhed khan 1520520030 A. New Profile Table for Bloop kulfi and pipe ice-
cream
B. New Profile Table for Bloop sugar free ice cream
C. proposed Target Market Strategy with
justification
D. PR relation
E. Support media
F. Relationship marketing
14 B M Joynul Abedin 1520498030 A. Own solutions
B. Current profile table
C. Problems Bloop is facing
D. Cause related marketing
Work Contribution
2
LETTER OF TRANSMITTAL
Date: 26th December, 2019
Shehrina Idrish (SEH)
Senior Lecturer
Department of Marketing and International Business
North South University
Dear Ma’am,
We are very much delighted to present you our final report on ‘Bloop’. This project was full of
excitement, fun and challenges. It took maximum effort. Every single one of us delivered their
undivided best to bring this project into the final shape. We learned a lot through this project.
We thank you from the bottom of our heart for your support and guidance in every aspect of the
report and all. Thanks for teaching us this aspect of strategic marketing with a lot of enthusiasm
and excitement. We thank you for everything with a hope that, you’ll be delighted with the effort
we put in this report. Of course, let us know if any issues arise.
Sincerely,
Ilme tahima
SM Takiuzzaman
B M Joynul Abedin
Farhed khan
Contents
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Company Name: Golden Harvest Ice Cream Ltd....................................................................................9
Product Problem Identification................................................................................................................9
Sales Decline:..........................................................................................................................................9
Loss of Market Share:..............................................................................................................................9
Declining customer satisfaction:..............................................................................................................9
No growth:...............................................................................................................................................9
Company Corrective measures...............................................................................................................10
Own Solutions:.....................................................................................................................................11
The key stakeholders of Macro Environment are:.............................................................................13
The key stakeholders of Micro Environment are:..............................................................................13
Threat of New Entrants:.....................................................................................................................20
Bargaining Power of Buyers: (MEDIUM).........................................................................................20
Bargaining Power of Supplier:...........................................................................................................20
Rivalry among Existing Competitors:................................................................................................20
Threat of Substitution:.......................................................................................................................20
Product:.............................................................................................................................................23
Place (distribution channel):..............................................................................................................23
Price:..................................................................................................................................................23
Promotion: For promotion BLOOP makes TVC and Billboard advertisements.........................23
Segmentation:....................................................................................................................................25
Targeting:...........................................................................................................................................25
Positioning:........................................................................................................................................26
Brand Identity:...................................................................................................................................29
Availability:.......................................................................................................................................29
Sales Promotion:................................................................................................................................29
Distribution:.......................................................................................................................................30
Price:..................................................................................................................................................30
Product:.............................................................................................................................................30
Price of Bloop:...................................................................................................................................30
Distribution:.......................................................................................................................................32
Reach:........................................................................................................................................................33
Affiliation:.................................................................................................................................................33
Richness:...................................................................................................................................................34
Range:.......................................................................................................................................................34
Promotion:.................................................................................................................................................34
Proposed Target Market Strategy.......................................................................................................36
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Bloop Sugar free Ice cream:..............................................................................................................36
Bloop Kulfi and Bloop Pipe Ice cream:.............................................................................................37
Technology:.......................................................................................................................................37
Supply Chain:....................................................................................................................................38
Products:............................................................................................................................................38
Bloop Kulfi:.......................................................................................................................................38
Bloop Pipe Ice-Cream:......................................................................................................................39
Bloop Sugar Free Ice-cream:.............................................................................................................39
Innovators..........................................................................................................................................41
Early Adopters:..................................................................................................................................41
Early Majority:..................................................................................................................................42
Late Majority:....................................................................................................................................42
Laggards:...........................................................................................................................................43
The audience and context:.................................................................................................................43
Positioning by benefits:.....................................................................................................................43
House of Brands-.......................................................................................................................................45
Show Endorser-.........................................................................................................................................45
Token Endorsement-..................................................................................................................................46
1. Direct Distribution:................................................................................................................................48
2. Multichannel Distribution:.....................................................................................................................48
Types of Selected Distribution Strategy-...................................................................................................49
4 Points Navigation Model for our Distribution Strategy-.........................................................................49
Setting Objectives:.............................................................................................................................50
Awareness :........................................................................................................................................51
Knowledge:.......................................................................................................................................51
Liking:...............................................................................................................................................51
Preference:.........................................................................................................................................51
Conviction:........................................................................................................................................51
Purchase:...........................................................................................................................................51
IMC Tool Mix List: (Mediamix Table)...................................................................................................52
Message:............................................................................................................................................58
Digital Marketing..............................................................................................................................59
Mobile Marketing:.............................................................................................................................60
Cause related marketing:...................................................................................................................61
Support Media:..................................................................................................................................61
Relationship marketing:.....................................................................................................................61
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Cause related marketing:...................................................................................................................62
ACKNOWLEDGEMENT
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It gives us immense pleasure in bringing out our project on Bloop. Firstly, we would like to
thank our respected lecturer Mrs. SherinaIdrish (Seh) who gave us her valuable suggestions and
ideas when we were in need of them. She encouraged us to work on this project. Our heartfelt
gratitude towards Mr. Habib Ullah& Mr. Edward Dip who gave us all the important insights on
Bloop. We are also grateful to North South University for giving us the opportunity to work with
them and providing us the necessary resources for the project. We are immensely grateful to all
who are involved in this project because without their inspiration and valuable suggestion it
would not have been possible to develop the project within the prescribed time.
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Executive Summary
The purpose of this report is to learn, understand and analyze the problems that Bloop under
Corporate Brand Golden Harvest, faced in the market and in managing their marketing strategy
in today’s competitive market. We also identified the key stake holders of the company in the
Macro and Micro environment, mentioning how each of these stakeholders impacts the PESTEL
of the company.This comprehensive study is hoping in benefit the students in their academic
learning theories and helping them to understand the current scenario in the market as well as the
For this report we have used two methods which are: primary research and secondary research.
First of all, for our primary research, we visited to the head office of Golden Harvest. There we
took a short structured interview with some direct questions about their product Bloop.
For our secondary research, we took information from their websites and also by exploring and
browsing other websites where we got the best possible information. Beside these, we kept
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Company Name: Golden Harvest Ice Cream Ltd.
Sales Decline:
Although Bloop claims to have adequate freezers and having a good distribution channel but
they fail to cover all the retailer shops. They have a weak distribution channel and lack of sales
person. Unavailability of products makes the brand gets less exposure to the target audiences.
Another important point can be Bloop doesn’t takes part in any recent social affairs and main
events. This even hampers their sales. Lack of promotional activities and PR relations is another
reason.
No growth:
Bloop ice cream has no growth in the market because the brand is not working properly. Also
because poor management. The market which they have targeted, that market is not approving
and accepting the product. Growth of a product also depends on the employees. There are highly
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experienced employees leaving the company because of poor management in bloop ice cream
sector. Also customer find it difficult to get bloop ice cream to the nearest shop. So they find
some alternative product instead of bloop.
The company is trying to introduce new products to the customers. With new products and
quality, they are hoping to grab the mass people in the Bangladesh. The company cannot target
the mass market people in Bangladesh because of electricity problem and high price. So they
will provide with attractive deep freezers to ensure proper storage and display of products
because reach to consumers at the furthest points. On the other hand, they will provide the ice
box to the rural shop there is no electricity. They will introduce the quality full product with
lower price to acquire the market coverage and market share.
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Own Solutions:
In the current situation Bloop is not making enough profit and their market share is still very low
right now. To increase the market share here are some suggestions to overcome that situation :
Distribution should be more intensive
Availability should be ensured
Price should be lesser at least competitive
Create their strong brand identity
Give adequate sales promotion
Generate product for mass consumers
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INDUSTRY OVERVIEW
Bangladesh’s ice cream industry is estimated to have a size of BDT 220crores where mostly the
regular common format ice-cream available to retailer is the superior. The industry is currently
growing with a rate of 19%. The common format packet ice-cream is dominated by Abdul
Momen Limited (Igloo) with more than 51%, being the market leader followed by Polar Ice-
cream, Golden Harvest (Bloop) and Kwality is there. Geographically the weather of Bangladesh
is humid so when with variety of flavors and price with introduction of parlor ice cream shops
introduced, ice cream industry sustained in the market being a substitute to beverages sometimes.
COMPANY OVERVIEW
Golden Harvest is Bangladesh’s one of the leading business groups with diversified interests in
Food, Dairy, Commodity, Information Technology, Logistics, Real Estate, Aviation,
Infrastructure Development and Insurance. Their mission is to have Consistently deliver
international standard innovative products & services for improved lifestyle. With a vision of to
be the most trusted and preferred brand to every household in Bangladesh, it is rapidly increasing
following its all sectors. The company takes part to run CSR Projects of Bangladesh Human
Rights Foundation, TAC Charitable Hospital, AlvinaSamdani Trust and Samdani Art Foundation
that organizes Dhaka Art Summit, the largest non-commercial South Asian art dedicated event. It
also is in joint venture with companies like Nippun Express, Partex Aviation Ltd and many more.
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SBU OVERVIEW OF BLOOP
Golden Harvest Ice-cream Ltd being a new entrant to Bangladesh’s ice-cream industry brought
“Bloop”. The brand offers around 40 flavours ,from rich delights to tangy treats. With a fun and
playful image, it is in the market having sticks,cups,cones,calippo,sorbet,tubs,cakes and many
more. The packaging is centered to entertainment with interesting names given like “Choco
Papa” and with funny catchy jingles.It seems that BLOOP and we will too is trying to set their
brand positioning through the experience of delighting taste, and are trying to associate the
experience.
STAKEHOLDERS OF BLOOP
The key stakeholders of Macro Environment are:
Board of Directors , Employees, Investors, Management, Stakeholders.
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Internal External
Supp
Employees Customes
Investors Intermediaries
Management Competitors
Stakeholders.
Government
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MACRO ENVIRONMENT
PESTAL ANALYSIS:
SOURCE DESCRIPTION IMPLICATION CERTAIN IMPACT
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the interest rate of expensive so people are going
Bangladesh is 6%. to save their money for daily
necessary product
18
19
FORCES HIGH MEDIUM LOW
ENTRY BARRIER
SUBSTITUTION THREAT
INTENSITY OF RIVARLY
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CONSUMER PROFILE OF BLOOP (CURRENT)
Geographic Demographic Psychographic/ Behavioral
Area: urban , sub urban
Location:Over 30 district. Age: 18-40 years Benefit: Different flavors,
Dhaka and other Urban Gender: both Premium quality
and Sub urban cities like Lifestyle:
Chittagong, Khulna, Income: Middle class, Upper Extrovert
Rajshahi, Barisal, Sylhetetc middle class, Upper class Introvert
Contemporary
Busy
Family size:Nuclear, joint /
extended family, single Personality Traits:
Education: Compulsive,
Graduate Gregarious
Under graduate
Under SSC and HSC Core Values:
Kindergarten Intellectual
Autonomy,
Affective Autonomy
Occupation:
Hierarchy
Students,
Harmony
working men and
women, Volume:both regular and
bachelors, irregular
Business person Perception: about the
brand/product
Religion: All religion
Preference: brands they
usually use / channels they
watch/ time of watching/
semiotics
VALS Typology:Fulfilleds ,
Experiencers, Believers,
Makers
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Geographic Demographic Psychographic/ Behavioral
Area: Urban , Sub urban ,
Rural Age: 6-40 years Benefit: Different flavors,
Location: All 65 distracts Gender: both Nostalgic feelings,
of Bangladesh. The whole Lifestyle:
country will be our target Income: Upper-middle class, Extrovert
market. Upper-lower class, Middle Introvert
class, lower middle class and Busy
lower class
Family size:Nuclear, joint / Personality Traits:
extended family, single Compulsive,
Education: Gregarious
Graduate
Under graduate Core Values:
Under SSC and HSC Intellectual Autonomy,
Kindergarten Affective Autonomy
Conservatism
Occupation: Harmony
Students,
working men and Volume: both regular and
women, irregular
bachelors, Preference: brands they
Business person usually use / channels they
watch/ time of watching/
Religion: All religion semiotics
VALS Typology:Fulfilleds ,
Experiencers, Believers,
Makers,Strivers,Strugglers
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OVERVIEW OF 4PS
4P’s of Bloop ice cream: - The Marketing mix for the existing marketing system can be
illustrated in terms of 4Ps of marketing
Product: Bloop offers around 65 various variants including sticks, cups, cones, calippo,
sorbets, tubs, cakes and many more.
1. Cup- the Ice Cream paste is filled in 100 milliliters of plastic Cup along with a wooden
spoon. This is easy to handle and is highly used by different aged customer groups. This
is also available in vanilla, Strawberry and Mango flavor and with (Ripple) 100 milliliters
Cup
2. Chocobar- Chocobar is one of the largest selling products in Ice Cream industry. Vanilla
with chocolate coating, Chocolate with chocolate coating, vanilla with pistachios coating
etc.
3. Strawberry fresco- A heavy sugar mixture, strawberry puree and juice are combined into
stciks and cup ice creams.
4. Lolly- This product is designed to meet the demand of the lower income customer
groups. It is available in Lemon and Orange flavor.
5. Cone- The Ice cream paste is filled in a Cone shaped biscuit. The product is available in
two different flavors i.e. Vanilla and Mango flavor. Quantity of each Cone Ice Cream is
100 milliliters.
6. Sticks- Fruity puree mixed with sugar turned into long sticks.
7. Cakes- The product is very rich in quality. Different seasonal fruits are used to make it
more delicious. This product is mainly designed for the high-income customer group.
Place (distribution channel): Bloop Ice cream would deliver the product to the consumers
using both the direct channels and indirect channels. They have their outlets in Gulshan,
Uttara, Khilgaon and Dhanmondi. The distribution channel network of Bloop Ice Cream
is not much wider, as the refrigerated vans and trolley vans are not sufficient as required
to maintain a fair distribution network.
Price: Pricing method normally means the route taken in fixing the price. Evidently, the
pricing method must be appropriate for achieving the desired pricing objectives.Bloop
focuses on Differentiation strategy rather than cost leadership strategy. Bloop matches its
product pricing with the competitors and practice competitive pricing.
1. 600 grams cost about 100 taka
2. 1 litre costs around 180 taka to 190 taka
3. Chocobars cost around 25 taka to 30 taka
4. Lolly’s cost about 15 taka
5. Cups cost about 20 taka
Secondly, they are trying to the association on their Billboard posters, but in a complete
different way. They are using some famous taglines of some popular TVC of different brands.
Through this, they are trying to associate the brand with the existing positioning of other famous
brands. In this way, they are not only getting consumer attention, but also relating the brand
image to other established brand taglines and positioning.
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STP of Bloop Ice Cream
Golden Harvest is one of the biggest company in Bangladesh, and Bloop ice cream is one of their
product. Under the SBU the STP of Bloop ice cream has been divided into few categories.
Segmentation:
Market segmentation is the process of dividinga market into groups, known as segments, of
customers with similar needs or characteristics who are likely to exhibit similar purchase
behavior. In segmenting the market the business is acknowledging that different types of buyers
may require different products or marketing approaches.
According to geographic, demographic, psychographic and behavior of Bangladeshi people
Bloop has targeted the customer so achieve the goal of the segment.
Targeting:
Bloop has almost targeted all the segments of the ice-cream lovers of Bangladesh. They have
targeted from teenager to adult people. Their targeted range is 18-45. But still they expect to
target the people below 18 and above 45. Also they have the premium division for the premium
people to target.
Positioning:
Apart from the positioning, the most interesting aspect about BLOOP's marketing is their
advertisement techniques. After looking into their advertisement tactics, I saw a difference
between their TVC and Billboard advertisements.
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At first, let's talk about their TVC campaigns. Right now they have three TVC on air. They are
portraying three different case scenarios. In one, they are showing that if someone eats BLOOP,
she or he can find lost possession. On another on, they are showing that if someone eats BLOOP,
she or he will see guest in their house. And in the third one, they are showing that if someone
eats BLOOP, she or he will never be afraid of ghosts again. They are showing day to day
problems in people's lives and of course in a funny way. But at the end of every TVC, a reporter
summarizes the whole case and says, 'I don't know about these recent occurring, but BLOOP is
really good to it'. So, they are trying to associate thegood taste of BLOOP in every aspect of our
lives.
SWOT ANALYSIS
The internal factors includes strengths and weaknesses along with the external factors
opportunities and threats.
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Internal Strengths Weakness
Unique Packaging
Its pioneer brand Golden Only focus on the
Harvest is the market leader emotional appeal and not
External of frozen foods at all in rational
Offer premium quality Though its pioneer brand
products which ensure the Golden Harvest is an
quality fact established position but
Unique competitive Bloop is in a growth
advantage stage
Country’s first company to Knowledge gap in
develop own cold chain Bangladesh to maintain
network in collaboration with cold chain
USAID Premium quality ice-
No rivalry cream and so not
Experienced professionals available everywhere
work here (expertise) Problems of load
Pioneer advantage shedding is very common
Unique positioning and in Bangladesh specially in
pricing the rural areas.
Increasing demand for ice
cream
Brand Image
Brand Identity: Brand identity is the visible element of a brand. Bloop doesn’t have that
much where Igloo & Polar make their place in customer mind. Bloop doesn’t have the
clear visibility in rural areas. They are known in urban area but not all the places.
Bloopcan not make that type of credibility in customer mind like Igloo & Polar. Niche
market customer know mostly about Igloo & Polar not Bloop.
Availability: Bloop’s targeted locations are urban & suburban. So they can not reach mass
market. They provide their product only selected some places. That’s why least number
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of people areknow about Bloop’s product. In urban area all shop doesn’t keep Bloop
because low demand of customer.
Sales Promotion: As a new company in Bangladesh Bloop didn’t do proper sales
promotion. They didn’t provide any taster or any type discounted offer to attract new
customer.
Distribution: Bloop is covering over 30 districts but airing their advertisement on tv.
Customers from other areas are not getting Bloop. So covering the who country is
important. The intensity might vary from urban to rural area but availability is important.
Price: Price of Bloop is higher than other ice creams. Most of the customers of our
country are price sensitive. They are not going to pay that much cause they have already
alternatives like Igloo and Polar. So a reasonable and competitive pricing is missing in
bloop’s pricing strategy.
Product:
Golden Harvest is known as the Market Leader of Frozen foods for their meeting promise in
terms of quality and they also focus on the price to beat their competitors. If we take into
accounts the Contraction for retrenchment strategy: turn around which tells us to reduce the
company costs by not spending on things that are less necessary. This strategy is also known as
pruning or harvesting. Though bloop is delivering premium quality ice-creams and so their main
focus of profit is the maximum sale of their high priced ice-creams which can be Bloop Exotic
Vanilla,Strawberry f
But, instead, what we found with the help of surveys is that their (bloop) more than 90%+ of
sales of ice-cream and above 85+ profits from them are coming from the low priced ice creams
like choco-papa and lolly which ranges from Bdt. 15-100. So, if contraction is used as turn
around strategy, the maximum investment should be done on the low priced ice-creams like
choco-papa which is 15 taka and also the orange and lemon lolly which is 25 taka. As these two
items are the most profitable ones, so we should ensure our maximum investment on these and
rather avoiding to invest on the others like Bloop exotic vanilla or Bloop strawberry fresco as
these are not profitable sectors of bloop ice-cream. Furthermore, what we are going to do extra is
launching new ice-cream which is sugar free and target the people who do not consume sugar.
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Price of Bloop:
Depending on the customer segment bloop has maintained a well organized pricing strategy for
the customer. They have both the customer for the premium quality and the normal quality. Their
price starts from 15 taka normal quality product. But from next year the same product will priced
20 taka each. But their pricing strategy is different from other for premium quality. Their normal
quality product price starts from 30 taka. First bloop has thought that, they will capture the
market through the premium quality product as a result they have selected the niche marketing
strategy. Later on they found that their premium quality product did not capture the market
comparing the other product. Their most of the profits are coming from the low price product
15tk-50tk
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Premium Quality Product
600tk
Minimizing the product price comparing to market leader and make the product available to the
customer to their nearest place will help the bloop a good come back to the market.
Distribution:
Bloop should go for both direct and indirect distribution.
Direct channel-
Producer Consumer
For direct distribution Bloop can set their own outlets at places like Gulshan, Dhanmondi, Uttara,
Khilgaon where there will be great availability of target consumers. Consumers will be able to
directly purchase from Bloop’s ice cream parlors. Consumers will be able to buy ice creams
through these outlets and they should be given a good environment so that they can have a great
experience.
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Indirect channel-
The third channel, from the producer-wholesaler to the consumer, can be successfully used in
distributing ice creams.
1. Bloop should go for intensive distribution strategy. For such type of convenience
products and impulsive product intensive strategy is the best suit. Bloop should sell
through as many outlets as possible, so that the consumers encounter the product virtually
everywhere they go: supermarkets like Bashundhara City, Jamuna Future Park, gas
stations near Mohakhali or Gulshan or Uttara , local grocery stores at the areas where
target consumers mostly live, kiosks at North South University, Independent University,
Viqarunnisa Noon College etc.
Reach: Bloop should make its products available for all its target consumers. They should
establish their outlets in such places where it’s easy for the consumers to reach for their desired
products. For instance, middle class people look for their grocery items in local stores. So Bloop
should distribute their ice cream in local grocery stores. For Higher middle class people they can
distribute to Shwapno, Agora etc. For students Bloop can set kiosks at institutional places like
universities, colleges, schools etc.
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Affiliation: Affiliation sis about transparency and trust. So Bloop should offer what they promise
and what they advertise so that consumers can grow trust towards Bloop. For pricing it should be
fixed as they are offering through billboards or TVC’s.
Richness: By running surveys on online or other ways Bloop can have some ideas about
customer preferences about ice creams’ taste, flavors etc. They can offer them customization
through their own outlets or ice cream parlors. For any types of occasion like
Birthday or anniversary Bloop can offer discounts or special gifts through scratch cards or
customized flavors for the consumers.
Range: For Bloop they can introduce new product lines like chocolates, cakes, drinks etc besides
ice cream with various flavors. They can also increase flavors for ice creams that are mostly
preferred by the target consumers.
Promotion: As their very basic sales strategy is the availability and placement so the promotion
must be done in a proper way so as to ensure the 100% reach of the target segments. Social
media promotions can be one of the best ways to grab attentions as most of the people have high
rate.
For instance, we will be having social media channels such as facebook, instagram, snapchat and
linked in. What we will do is posting short videos on facebook where we can let people know
about our new campaign and thus create a buzz. We will also create events on facebook to
promote our products and also arrange seminars to let the customers know about it.
But all these promotions will be focused on the items such as Choco-Papa and lollys that are
doing the best in the market and also the new products of bloop that we will be launching. The
facebook pages should be up-to date so that any person who requires any information or have
any complain.
Furthermore, we will prepare leaflet and scatter it into the targeted areas and also publish
Advertisements on newspapers thus ensure the proper reachness.
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CONSUMER PROFILE OF BLOOP (PROPOSED)
Geographic Demographic Psychographic/ Behavioral
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Area: Urban
Location: Dhaka , Khulna , Age: 18-40 years Benefit: Different flavors,
Rajshahi, Sylhet, Chattogram Gender: both Premium quality, Low Health
risk
Income: Middle class, Upper Lifestyle:
middle class, Upper class Extrovert
Introvert
Family size:Nuclear, joint / Contemporary
extended family, single Busy
Education:
Graduate Personality Traits:
Under graduate Gregarious
Under SSC and HSC Ambitious Personality
Kindergarten Authoritarian
VALS Typology:Fulfilleds ,
Experiencers, Actualizers,
Achievers
Loyalty Level:Brand
Insistence, Band loyalty,
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other ice creams. Everyone is not willing to pay premium price for ice cream. So our distribution
will be exclusive.
We will use product specialization strategy for BloopKulfi and Bloop pipe ice cream. This
product will be a very economic product for the mass people. We will target nearly all the
segments and distribute BloopKulfi and Bloop pipe ice cream to the whole country, each and
every city , urban, sub-urban, rural area everywhere. As BloopKulfi and Bloop pipe ice cream is
cheap people will try our ice cream and we can grab a big portion of the market by this economic
BloopKulfi and Bloop pipe ice cream.
TECHNOLOGY
PRODUCTS SUPPLY
CHAIN
Technology:
Bloop used the conventional processing system to produced ice-cream. For increasing the
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productivity, they should have to use the modern machineries because they can produce the
good quality product in low cost. They have to produce their ice-cream in low temperature
extrusion to ice-cream quality that also reduce the cost.
Supply Chain:
Bloop is still doing their business through retail shop. Bloop can introduce an application for
customers where they can provide the all information about their product and get the customer
feedback through app. On the other hand, they can introduce the social media commerce. Now
a day’s social media commerce is too much popular in Bangladesh.
Products:
In Bangladesh, Bloop is not available everywhere because the product price is so high. So We
will want to capture the most of the areas in Bangladesh through their product to create
position in customer mind. They have to do the line extension like in rural area most of the
people preferKulfi and Pipe ice-cream. On the other hand, for premium segment we introduce
a sugar free Ice-cream. So our suggestion is very low risky for Bloop because of having
existing market’s goodwill.
Bloop Kulfi:
We are introduced this ice-cream for the economic class of people. This is the traditional ice-
cream of Bangladesh. We will target the all over the Bangladesh though this ice-cream. We are
following the cost based pricing strategy for this ice-cream.
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Bloop Pipe Ice-Cream:
We are also introduced this ice-cream for the economic class of people. This is the most
favorite ice cream of rural areas kids. We are targeting the rural areas kids through this ice-
cream. We are following the cost based pricing strategy for this ice-cream.
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CHASM STRATEGIES:
The Chasm strategy means moving the product from early adopters to early majority and late
majority.
As Bloop is declining their business because of cannot capture the target market. For that we are
giving some suggestion to grow business of Bloop. After the visionaries’ period we are falling
into chasm, after the crossing the chasm period, everything is going to crystal clear and easy for
the company.
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Steps for crossing the chasm from Early Adopter to Early Majority
We will target the economic and premium segment to capture the market.
We will provide different kind of incentive to the customers so that we can get enough
word of mouth recognition.
We will do the survey after the launch the product and we collect the feedback as soon as
possible from the customers because we can solve our problems immediately.
We will launch an application for customers where customers get the all information and
provide the feedback through app.
We are focusing the large market segment, so we do the focus on cost based pricing and
for the premium segment we focus on value based pricing.
Distribute the product through the retail, online shop and Ice-cream Van Pallor.
We will hire the perfect people for the services.
We will do affiliate marketing.
Laggards: (15%)
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In this stage, those people have no option to adopt. There are some people who always like
frozen dessert of Golden harvest. They are not looking for other companies or technology.
Positioning by benefits:
• Emotional benefits: Bloop will give a traditional and authentic gesture by adding the Kulfi
and Pipe addition in their product range which will make their customers feel part of the
tradition, healthier, safe and trustable.
• Functional benefits: Hygienic quality product which helps reduce dehydration, improves
energy level for the body and have good amount of protein present.
• Positioning by values: Bloop assures that whatever the consumers are having is good for
their health as well as they will be getting the fun fact with affordable price they were looking
for in that product because that’s what the brand has been focusing on with their new product.
Show Endorser-
Bloop can be the endorser of various shows and programs like cooking shows, different
competitions that occur in schools, colleges and universities and health care talk shows or debate
competitions. Bloopnot will be endorsing this programs but will also be an active part of the
entire procedure.
Token Endorsement-
Bloop will bring kulfi and Pipe Ice cream for the young generation.They will go for the Sugar
free edition of Chocolate and vanilla for those who are having health consciousness. The kulfi
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and pipe ice-cream can be made with funny taglines and interesting ingredients to make the
young enthusiastic likes it more.
1. Reverse Cost-Plus:
We will do the pricing strategy based on the cost based pricing strategy with the
expansion of the growth strategy. We will have targeted the large segment, so we have to
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reduce the price because Bangladeshi people are price sensitive. people can afford the
Ice-cream. For the economic segment, we do the cost based pricing strategy. So we
introduce the Kulfi and pipe ice-cream in the market and those are good quality products.
Name Price
BloopKaulfi 10 Taka
Bloop Pipe Ice-cream 5 Taka
Bloop Sugar Free ( 1000ml) 450 Taka
Bloop Sugar Free (5000ml) 1050 taka
3. Price sensitivity: We are targeted the mass market. The people in Bangladesh
are too much sensitive about price. So we offer the good quality product in less
price so that they cannot switch the brand. For the premium segment, we apply
the value added pricing strategy.
4. Customer costs:To reduce the customer cost and increasing the market demand, we will
take some steps. Like, we will assure that customer get the product in his/her nearby
shop.
5. Individual or bundle offer pricing:We will give the discount to the loyal customers. We
will provide the app, where they can get the referral code. If they purchase in bulk
amount, then they get the discount. We will try to make our individual customers to loyal
customers. We will always provide the bundle offer to the customer to grab the market
share.
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We will maintain the transparent pricing system. There is no hidden price. Each
and every element are should be in the upper body, that should be clear. For this
things, we will gain positive pricing strategy and grab the more customer
attention and loyalty. Our discount policy should be clear and that is visible in
our social media such as Facebook page and Instagram page, our own website
and mobile application software to ensure credibility and trustworthiness
7. Competitor reaction: We are introducing new products in the market that is not captured
by the competitor. So we think competitors also want to grab the market through their
product. So we will have to create strong position in customer mind.
8. Point of sales: We will try to establish fair pricing strategy for all the stakeholders. We
will continuously try to improve our products and service both online and traditional
platform.
DISTRIBUTION
1. Direct Distribution:
Bloop usually doing the indirect distribution strategy to serve their products in market.
2. Multichannel Distribution:
We will be doing the multi-channel distribution strategy to serve our product in the market.
We will use the website for online selling purpose where customer can understand price and
details information about the products. We will also introduce the app for this purpose. On
the other hand, we will sell the product through retail shop and ice-cream van parlour.
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Mobile Bloop Websites
Apps
Retail shop
1. Intensive Distribution: We will be doing the intensive distribution for kulfi and pipe ice-
cream that is only introduced for mass people of Bangladesh We will use our multi-
channel activities to purchase the product. We will use website and app for selling the
product. Our product price is low so we have to assure that all kind of shop keep our
product.
2. Exclusive distribution: We will do the exclusive distribution for sugar free ice-cream.
That is also create the Brand image. We also use the multi-channel activities to sell the
product. We will give the ice-cream in the prime area in Bangladesh like; Uttara,
Bashundhara, Dhanmondi, Bannani, Gulshan, Main city in the other divisions.
a. Reach: Firstly, we have to select the area where customers get the necessary information
about the product. We are targeting the mass people so we should have to strong our
supply chain to reach the customers. We will have to provide the ice-cream refrigerator as
soon as possible to every shop. There is no electricity, for this area we should have to
provide the ice box where they can keep the ice-cream easily.Customer find it convenient
to reach to us.
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b. Affiliation:We have to create the affiliation between customer and retailers. We will
make sure that people get the ice-cream in nearby shop. For the online purchase, we will
make sure the privacy and security are maintained properly.
c. Richness: We will try to fulfill the customer demands and needs through our products.
Ice-cream is a seasonal product.We will introduce the low price product for fulfill the
demand of economic people in Bangladesh. The customer can contact with us through
website, app and hot line numbers. We will able to build strong relationship through our
products and service.
d. Range: To meet the customer demand, we already have lots of product variation. We
produce ice-cream for all kind of products. People can option, they choose their desire
ice-cream form us. We have product for economic class, middle class and upper class
people. We introduce the kulfi and pipe ice-cream for economic class people.
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Awareness :
For the brand awareness of Bloop , we will be doing:
Social Media Games through Instagram& Facebook and Snapchat stickers will be
created to interact with customers
Display of the product in departmental, super and local grocery stores
We will provide sample of the pipe, kulfi and sugar free
ice cream in small quantity andexciting chilling
(slash)
Events for current customer, “ We will run the regular events with NGOs.
Knowledge:
We will let our consumers and targeted customers know about our product with its
functionalbenefits that Bloop ice cream already promised which is quality assured
product with fun factor. As today’s generation is very health conscious, they seek the
proper nutrients in beverages and foods they eat.The best part is of the products would be
it clearly illustrates hygienic ingredients with proper nutrient and health benefits. For the
emotional benefits, we will use our celebrity Mr. Zahid Hassan who will show knowledge
and humor togetherly.
Liking:
We will increase the positive attitude of our customers through doing CSR associated with
street children and with Jaago Foundation. These activities will be shown in Social Media
and part of our documentary so that a positive image creates in front of the consumers.
Preference:
After showing all the health benefit as well as interesting engagement programs and
presenting our CSR activities our consumer will feel the same a good gesture and examine
the quality of Bloop Ice cream. We are hoping that they will get attached to our product
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and engage in all the promotions and gradually will be successful in building the brand
loyalty.
Conviction:
The main element of developing the confidence level of the customers is even though we
are introducing our new product we are in the frozen sector. We are ensuring that both of
our products new and old are healthy and satisfactory to consume. This way we will
convince them.
Purchase:
After building the confidence level and sampling our new product, our consumer will
purchase our productCampaign Budget: in BDT : Around 20 Lakh( budget for
content/media/sales promo/PR/Digital detailed in the table)
Campaign Time frame: All of our ads will be shown upto 2 months of huge promotions
and special promotional activities will be there prior 15 days of the launching event. Just
one thing will be run upto 6 months
long and that is CSR event with Jaago Foundation.
Interactive
Marketing
Direct
Marketing
Personal
Sellings Support
Sales
Specifics Ad Promotion PR
Media
Liking&
Preference 25% 20% 15% 45% 25% 15% 10%
Conviction 20% 15% 10% 30% 15% 10% 5%
Purchase 15% 10% 5% 25% 10% 5% 5%
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IMC Tool Mix List: (Mediamix Table)
a.
Typ Sub types Platforms Channels / Spot Placem Timing of Dail Tim
e of name of the ad ent airing the ad y e
Me publication timin media Freq Fra
dia g vehicle uenc me
(name y of
of the the
progra cam
ms) paig
n
Pers Social FB, n/a Cont Bloop Leisure n/a 2
onal Media Instagram inou Ice- Time from mont
,snapchat s for cream 6pm to 12 hs
, website 2 online pm
mont page
hs
You tube n/a Cont n/a n/a n/a 2
ADS inou mont
s for hs
2
mont
hs
Mobile Direct n/a Twic n/a n/a n/a 2
Marketin texting e time
g form the befor s
marketers e the
laun
chin
g
even
t
Other Google, n/a Twic Yahoo, n/a n/a 2
Digital yahoo, e hotmail time
( website, other befor , pdf s
search websites e the convert
engine, laun er
email, etc chin
g
even
t
52
Non Electronic TV ATN For 2 Before 8am-11am 10 For
Pers mont the and 6pm- times 2
onal hs famous 12pm mont
shows hs
BTV For 2 Before 8am-11am 2 For
mont 8pm and 6pm- times 2
hs news 12pm mont
hs
Channel I For 2 Before 8am-11am 15 For
mont 12pm and 6pm- times 2
hs news 12pm mont
hs
N tv For 2 Before 8am-11am 15 2
mont all the and 6pm- times mont
hs Athaan 12pm hs
s
GB For 2 Before 8am-11am 12 2
mont every and 6pm- times mont
hs news 12pm hs
Radio Radio Amar For 2 Before Morning,aft 6 For
mont 7pm ernoon,night times prior
hs mornin 15
g shows days
of
laun
chin
g
even
t
Radio Foorty For 2 Before Morning,aft 10 For
mont afterno ernoon,night times prior
hs on 15
shows days
of
laun
chin
g
even
t
Radio Today For 2 Before n/a 10 For
mont evening times prior
hs news 15
and days
shows of
laun
chin
g
53
even
t
Print News Daily Star Diffe Front n/a 4 1
Paper rent page times mont
time down h
s prior
withi the
n 2 laun
mont chin
hs g
date
ProthomAlo Diffe Back n/a 3 15
rent page times days
time down prior
s the
withi laun
n 2 chin
mont g
hs date
Dhaka Diffe First n/a 3 1
Tribune rent page times day
time prior
s the
withi even
n 2 t and
mont after
hs the
even
t and
on
the
even
t day
ShomoKaal Diffe Enterta n/a 2
rent inment times
time page
s
withi
n 2
mont
hs
Magazine Ice Today 1 Bookm n/a 1 With
time ark time 15
days
of
prior
even
54
t
Economist 1 Back n/a 1 With
time page time 15
days
of
prior
even
t
Mirror 2 bookma n/a 1 With
time rk time 15
days
of
prior
even
t
Business 2 Back n/a 1 With
Today time page time 15
days
of
prior
even
t
Support billboard, Dhanmondi, For n/a In every 15 n/a For
Media walls, Infront of 15 minutes 15
public raddisson, days days
property Bashundhara,
poster, Mirpur,uttara
etc)
Mobile Texting gp 4 n/a 4 times n/a Prior
using the days 15
telecom days
companie of
s even
t
Direct Sales All retail 6 n/an n/a n/a n/a
Marketin person distributors mont
g/Persona hs
l Selling
55
b.
Contact Points Details IMC Tools
,
Radio Today, Radio Foorti,
Radio
Broadcasting: Radio (non Personal Ads, Jocket
Radio Amar
Endorsement
56
Facebook (Jaago
Digital: Community/ Public pages
Jaago.com
Foundation, , Indirect, Direct Marketing
online reviews
RoohAfza),
NSU, IUB, AIUB, Jamuna
PR, Direct Marketing,
Interactive: Activations (personal) Future Park, Bashundhara
City, Indirect Marketing
Master
mind
school,
Schola
stica,
DPS
Support Media: Billboards, Mobile
Inside Dhaka (Mobile Ads, Publicity, Direct
Billboards, aerial etc. (personal/non-
Billboeards) Marketing
personal
Digital: SEO and paid ads on SM Ads on Facebook,
Ads
Instagram, Youtube,
platforms Google
CONTENT DEVELOPMENT
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Message:
We will use two emotional appeals “Humor” and “Heath Consciousness”. The Humor ad will be
presented by Zahid Hassan and “Heath Conscious advise from a Dentist and Bipasha Hayat will
be present in ads of health advise.
Face- The celebrity –Zahid Hassan and Bipasha Hayat will be in our TVC.
Digital Marketing
a. Display Advertising: We will use the pop up ads in Instagram, Facebook and Youtube and on
digital billboards and in websites all under the paid media.
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b. Social Media Marketing: The ads and promotions will be done through Facebook
Page,Instagram page, Youtube, Snapchat stickers
d. Affiliated Marketing: On Facebook, chaldal.com and deligram will advertise our product on
their page andkeep them in their stock for online order.
e. Referral Marketing: We will visit universities,schools and colleges such as NSU, IUB,
AIUB,DPS,Scolastica under BTL and setup gaming system, selfie contest with friends along
with our booth, and will provide samples of our new edition product. We will also set up our
kiosks and Portable vans in Shopping malls.
Mobile Marketing:
a. Mobile App: We developed an app for Bloop inlcuding some features like-
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SALES PROMOTION
Customer oriented Promotion (B2C):
Sampling: We will provide free samples of Bloop pipe and kulfiicecreamin our selected
contact points such as, NSU, IUB, AIUB, Jamuna Future Park, Bashundhara City,
Mastermind school, Scolastica and a concert.
Coupons: QR Codes will be given in the sticks and packets of ice cream and those code
will be scanthrough Bloop app. After scanning the customers will get instant coupon
benefits with 10/20 tk of mobile recharge and Bkashcashback.
Premiums: Free gifts will be provided such as Bloop logo T-Shirts, Bloop loyalty
card,small packet tissue packet. Also a box of sugar free container will be provided for
the winners of the customization contest customers.
Contest: Online contest through the app for self Customization and selfie contest shared
in our Fb and instragram groups .
Trade Oriented Promotions (B2B):
POP Displays: We will display our product in departmental, super and local stores
likethe given picture
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Promotional Allowance: Same as affiliated marketing
Slotting Allowance: For our new product we will pay the retailer to display themin their
store.
Salesman: One salesperson will be hired for premium super shops like Agora and
Unimart and they will do personal promotion.
PR RELATION
We will associate with renowned charity Jaago Foundation to run CSR activities with them for
the first 6 months . We will arrange a press briefing with the Korvi Rakshand as he is the CEO
and Founder of Jaago foundation.
Support Media:
Third party:Bangladesh Standards and Testing Instittution” (BSTI) will be invited to our
factory to justify the manufacturing process and hygiene factory and will testify our ice
creams quality that will create credibility among all the customers.
Celebrity endorsement: Zahid Hasan and BipashaHayatwillbe our brand
ambassador.Zahid Hasan has e very clean image from a very long time and Bipasha
Hayat has also a very clean image too. Bipasha Hayat has been appointed as a goodwill
ambassador for the global non-profit organization Save the Children in Bangladesh.
Alternatives : Viqarunnisa school , North South University , National Ideal School ,Brac
University campus
Outdoor marketing: We will use Digital billboards throughout the crowded places
Relationship marketing:
Identifying Potential customers: We will launch Bloop Sugar free Ice cream and BloopKulfi
and Bloop pipe Ice cream. For these two types of product our target market will be different. One
will be economic segment with intensive distribution and another will be premium segment with
exclusive distribution. Out main competitor will be Igloo.
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One to one marketing : We will be active on social media like Facebook, Instagram, Snapchat.
So if any consumer wants to know any further details about our product or benefits or
availability we will assist them. We will share our products info to them like “sir you can try our
new sugar free Ice cream which will reduce the risk of health and tastes so good”.
Permission marketing : we will appoint Sales representatives in the super shop and after every
sale they will give the consumer a general survey form with name and contact info details and in
this form there will be a part asking permission for promotional offer sms and new product
information sms. If he agrees we will send them the promotional offers and informations through
sms.
Reference
https://www.facebook.com/bloopbd/
http://www.goldenharvestbd.com/
http://www.goldenharvestbd.com/ice-cream/
https://bangladeshmonitor.com/news_update/470/Bloop-ice-cream-festival-at-Sonargaon-from-
Sept-3-
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Carefully evaluate the performance of each member of your group, excluding yourself, over the
period of the group project.
5. Always submitted 5 5 5 5 5 5 5
his/her best
effort
6. Communicated 5 5 5 5 5 5 5
thoughts and feelings
effectively
63
presentation.
The average for this person (1 to 5): (5), (5), (5), (5), (5), (5), (5),
(Round average for each group member to two decimal places, e.g. 4.25)
64