Final master thesis presentation chusin mateechaipong
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Transcript of Final master thesis presentation chusin mateechaipong
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Marketing Strategies For Organic Products
Employed By Small And Medium Retailers in Bangkok
Chusak SuvimolstienSecond Supervisor
Developing
Chusin Mateechaipong Presenter
Prof. Dr. Sven PruserFirst Supervisor
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Table of contents
Introduction
Thesis Statement
Research Methodology
Results
Discussion
Conclusion, Outlook and Future Works
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Introduction
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Organic VS Non-organic
Sustainable environment
Good soil
No chemicals
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VSCaged Chickens
Free Range Chickens (Organic)
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Organic Agriculture in Thailand
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1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 20110.00
50,000.00
100,000.00
150,000.00
200,000.00
250,000.00
6,281.415,510.13 10,524.01 13,419.25
55,992.32 69,748.72 86,871.89135,634.33140,939.98119,722.81105,967.10
192,220.03
219,390.66
Land under Organic Farming in Thailand
Land under organic farming in Thailand
Year
Land
und
er o
rgan
ic fa
rmin
g in
Tha
iland
(1
/10
hata
res)
2003 2004 2005 2006 2007 2008 2009 20110.00
10.00
20.00
30.00
40.00
50.00
9.3815.22
23.01 23.70 24.42
20.15
33.86
44.98
Thai Organic Value
Value (€mil)
Year
Org
anic
Valu
e (€
mil)
ONLY 0.21% of the whole area in Thailand8
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Thesis Statement
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• To find outstanding characteristics and reactions in the marketing mix (4Ps) of organic consumers in Bangkok
• To identify strength, weakness, opportunity and threat of organic agriculture business in Thailand.
• To develop the marketing strategies and marketing practices for organic small and medium organizations/retailers in Bangkok
Thesis Statement
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Methodology
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Quantitative Method
Standardized surveys of438 Respondents
A. Demographic
B. Purchase & Consumption of organic products
C. Consumer’s Satisfaction & Decision on choosing 4Ps of organic products
Qualitative Method
Semi-structured interviewof Six Key Experts
• Marketing Mix Strategies• Obstacles• Future
1. Green Net2. Aden3. Thai Organic4. Rangsit Farm5. Health Society (Lemon Farm)6. Thai Ministry of Commerce
• Marketing Strategies• SWOT
• Marketing Strategies12
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Quantitative Method
Standardized surveys of438 Respondents
A. Demographic
B. Purchase & Consumption of organic products
C. Consumer’s Satisfaction & Decision on choosing 4Ps of organic products
• Characteristics of organic consumers• Marketing Strategies
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Qualitative Method
Semi-structured interviewof Six Key Experts
• Marketing Mix Strategies• Obstacles• Future
1. Green Net2. Aden3. Thai Organic4. Rangsit Farm5. Health Society (Lemon Farm)6. Thai Ministry of Commerce
• SWOT• Marketing Strategies
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Results & Discussion
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<20 years
20-30 years
31-40 years
>40 years
22.20%
17.30%
11.80%
10.60%
77.80%
82.70%
88.20%
89.40%
AgeOrganic non-buyers Organic Buyers
Male
Female
17.40%
13.50%
82.60%
86.50%
GenderOrganic non-buyers Organic Buyers
Yes
No
11.00%
16.40%
89.00%
83.60%
Children in the household
Organic non-buyers Organic Buyers
Organic Consumer Demographic
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Have you ever buy organic products? (n=438)
Yes (371) No answer (1) No(66)
85% Buy Organic Products
38% Buy Organic For 2-5 Years
34% Buy Organic Once a month
Purchase of Organic Products
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Reasons to buy organic products
better taste
fresher than the other products
good for my health
good for my children
not contain pesticides / have lower residues
want to try somethcing new
good for the environment
trendy/fashionable to buy organic products
I have a record disease
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
129
209
339
194
316
214
58
55
43
309
228
99
240
118
221
375
380
380
YesNo
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Knowledge-based society and Social Contribution Network
Loyal Consumers
Advocate Consumers
Consumers
Prospect Consumers
Suspect Consumers
Building Trust and Consumer-Producer/Retailer Network
Development of Household Economic and Boost consumption (Reduce
production/logistics cost )
Health and Environment Campaign
Educate about organic via mass media
Strategies for Different Organic Consumer Segments
Daily/once a week>10 yrs
5-10 yrs Every week
Once per month2-5 yrs
<1 yr Once every few months
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Marketing Mix
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Product: Which strategies should we use?
Fruits&Vegetable74%
Eggs5%
Rice&Cereal5%
Milk2%
Bread&Pasta1%
Meat1%
Juice2%
Never buy12%
Which organic products do you buy the most?
82% said Brands and Labels are important in choosing organic products
Cross Promotion
• Characteristics & Service
• Controlling production standard
• Packaging & logo
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Willing to pay more Percent
1-3% 25.8
5% 25.8
10% 23.5
20% 11.6
30% 1.8
40% 1.4
High Cost of Production &Fair Trade
Price: Which strategies should we use?
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Carrefour27%
Villa20%
Tops15%
Lemon Farm13%
Au Tor Kor Market15%
Bon-mache Market
6%
Royal Project1%
Food Land1%
Organic Retailer1%
Never Buy and no answer1%
Where do you buy organic products?
Close to home27%
Reliable18%
Variety of products6%
Fair price6%
Good service
3%
Fresh products18%
Certified products
11%
No answer11%
Why do you choose to buy organic products at the above places?
Strategic LocationHybrid Marketing Channel
Place: Which strategies should we use?
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Domestic Consumers
Producer
Membership System- CSA
- Vegetable Basket
Home Delivery- Phone- Internet
Retail
Wholesale
Trade Fair
Product Management
Product Collector
Green Market
Organic Restaurant
Organic Retailer
Thai Airlines
School
Department storeHotel and
Restaurant’s Kitchen
Hospital
Consumer Outside Thailand
Health Concerned
Teachers and Students
Patients
Order
Order
Order
Place: Hybrid Marketing Channel
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Promotion: Which strategies should we use?
TV48%
Radio1%
Books and Magazines9%
Social Media11%
SMS1%
Organic Exhibition8%
Internet6%
Ads Board2%
Asking specialist in
the shop4%
Shop Booth8%
No answer2%
Which channels are the most effective for you in knowing about organic
products?
Home Delivery29%
Giving Information about organic
23%
Specialist in the shop11%
Product replace-
ment5%
Discount21%
Suggestion box1% No answer
10%
Which services do you like the most?
Advertisement > Online > Mass Media
Delivery > Provide Information > Discount
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IMC Tools: Advantages VS Disadvantages IMC Tools Advantages Disadvantages
Advertising
PR
Direct Marketing
P.O.P
Personal Selling
Sale Promotion
Event
Sponsorship
Online Marketing
• Access to wider audiences• Create image• Able to control message
• High cost
• Low cost• Access to wider audiences
• Low cost• Access to specific group• Able to control message• Successful sale
• Low cost• Access to sale point effectively• Arouse buying decision at sale point
• Access to specific group effectively• Successful sale
• Arouse buying decision effectively
• Access to specific group effectively• Create image
• Access to wider audiences• Create image
• Access to specific group effectively• Create image
• Not able to control message
• Not able to access wider audiences• Not able to create image
• Not able to access wider audiences• Not able to create image
• Not able to access wider audiences• Not able to create image
• Not able to create image
• Not able to access wider audiences
• High cost
• Able to access only online users
Advertising• Access to wider audiences• Create image• Able to control message
• High cost
PR• Low cost• Access to wider audiences
• Not able to control message
Online Marketing• Access to specific group effectively• Create image
• Able to access only online users26
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SALE
S
Intro-duction
Growth Maturity Decline
Factors in Setting IMC: Product Life Cycle
TIME 27
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TIME
SALE
S
Introduction
Growth
Maturity
Decline
Advertising, PR Direct Marketing,
P.O.P, Personal Selling, Event &
Online Marketing
Sale Promotion, Advertising, PR
Direct Marketing, P.O.P, Personal Selling, Event &
Online Marketing
Sponsorship,PR Direct Marketing,
P.O.P, Personal Selling, Event &
Online Marketing
Personal Selling,P.O.P & Online
Marketing
Factors in Setting IMC: Product Life Cycle
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STRENGTHS
Consumer demand: growing consumers
Audition and certification bodies: supportive
Strong green network and export organization
Organic legislation: Act number 11
Thailand as an agricultural country: kitchen of the world
WEAKNESSES
Consumer confusion: pesticide free vs organic
Producer Motivation: transition from conventional to organic farming
Price barrier: expensiveness
Insufficient agriculture research
OPPORTUNITIES
Rising domestic market: government support
Mounting export market: EU, USA, Japan, Asian countries
Environmental leadership: sustainability movement and green role model
Consumer education: online marketing
THREATSInformation and choice overload: brands, labels, certifications
Demand over supply: demand more than supply
Global trade barriers: complication of auditions and certifications
Conflicting voices: misinformation in the media
SWOT Analysis of Organic Business
Consumer demand: growing consumers Consumer confusion: pesticide free vs organic
Price barrier: expensiveness
Consumer education: online marketing
Information and choice overload: brands, labels, certifications
Demand over supply: demand more than supply
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Conclusion, Outlook and Future Works
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• Retailers should take the characteristics of the organic consumers into consideration to better understand consumers’ need and to execute proper marketing strategies
• Retailers should make their products in high standard with perfect quality control and certification along with strong logo and packaging
• Retailers should educate consumers about the benefits of the organic food as well as clearly explain the reasons that the prices of the organic products are high (e.g. due to additional environment and social cost)
• The selection of distribution channel should be prioritized the consumers’ convenience. However, the organic organizations need to consider their company size, readiness and limitation
Conclusion and Outlook
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• Expansion of the organic consumers’ survey• Additional survey on the economic costs and viewpoints of
organic brands• The consumer survey could be conducted through a
research on the subject of psychology
Future Works
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