report - mtaedfg adfa
TRANSCRIPT
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I. SWOT ANALYSIS
Strengths
• The company has a proven track record in the industry
• PrimaryHomes Inc. customers are satisfied with the product
• Affordable and flexible payment schemes
• Suppliers of raw materials are ISO certified
• Collaborations with other industry leaders (MATIMCO, Central Lumber, RCBC,
American Standard)
• One of the lowest-cost housing provider in the area
• The village is accessible to major destinations
Weaknesses
• Product sizes offered is limited
Though it may be a low-cost housing project, limiting the product size
may cause the company to lose prospect buyers or extended users of the product.
• House partitions are not included
If Primary delegates the partition assignment to the buyer, it may
actually discourage him to buy due to the hassle.
Opportunities
• OFWs growing demand for residential housing (est. US$ 1B)
• Increasing tourism inflow in the country
• Increasing approved direct investments by both foreign and Filipino nationals
• Lifting of foreign ownership limits in doing business in the country
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• Credit rating upgrades from BBB- to BBB
• The Banko Sentral’s efforts to continually cut borrowing rates
• Excess liquidity in the financial market caused by increasing remittances by
OFWs.
• House prices are rising sharply
This is an opportunity for the company as the appreciation in the
prices is universal and that more profits can possibly be made.
•
Philippines topped Condé Nast Traveller Magazine’s list of destinations towatch out for in 2013.
• The Philippines was included in Travel+Leisure Magazine’s list of 13 “Hottest
Travel Destinations of 2013” and placed 17th on New York Times Magazine’s
list of “The 46 Places to Go in 2013”
• Increased confidence in the Aquino administration and in the Chatto
governance.
MICRO
• Plans to create an international Airport in Bohol and other infrastructure
projects
• Bohol is blessed with natural landscapes and beaches.
• Cost of living in Bohol is relatively low.
• Bohol’s bank deposits increased (P19.2 B – P 20.5B) leading to liquidity in the
province’s banking system
• The DOT’s continuous efforts to promote the eco-tourism in Bohol
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• Poverty incidence in Bohol decreased by 6.1 points or 16%
• Rice production in Bohol yielded an all time high this year (3.08 ton vs. ave.
of 2.4 tons)
• Investments in Bohol increased by P 11 B.
• Most of the lands in Bohol are free-patent in nature.
Threats
• The impending proposal of the DOF to remove mass housing projects in
the IPP list of tax perk beneficiaries
• Ongoing inter-continental disputes with neighboring countries
• Financial crises in both Europe and U.S. which might affect the OFWs and
BPOs
MICRO
• Bohol’s underdeveloped banking system
• Wage rates in Bohol is relatively low (Minimum wage of Php 275.00 per
day)
• Most of the land in the towns are free-patent in nature and is often not
accepted by banks as collaterals.
• Bohol is still an underdeveloped province – Class C under the DOLE
classification.
• Camella Homes’ plan to open new housing for the open market and
economic market.
II. TARGET MARKET
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The target market for the Colorado Homes Bohol is classified under the different
financing terms in the following tables :
Type of Financing : Pag-ibig
Type of Financing: In-house
The income estimates on the above table is based on the most conservative
financing options for the most affordable Colorado Homes unit which is Php 8,000 +
monthly for the Pag-ibig financing and Php 19,000 for the In-house financing.
The target markets are the residents of Bohol. Based on the required salary grade,
the target market is expected to be either a wage salary worker holding supervisory
Civil Status SingleMarried with no
Children
Married with 2 –
3 ChildrenSocial Class C – D C – D C –D
IncomeRequirement
18,000 up
Combined incomeof not below
40,000
Combined incomeof not below
50,000.
ProfessionMinimum of 5 years experience, Supervisory level in Services
and Industry Sector or OFW.Behavioural Price Conscious, Hardworking, Hospitable, Family-Oriented
Need Based Renter
Renter, or mayalready have a
house but wants tomove to a more
decent place
Renter or alreadyhas a house but
wants to move to a
more decent placefor the family and
for security.
Civil Status SingleMarried with no
ChildrenMarried with 2 –
3 ChildrenSocial Class B – C B – C B – C
IncomeRequirement
Minimum of Php30,000
Combined
Minimum incomeof 50,000
Combined
Minimum income of 60,000
Profession5 – 10 years experience, Managerial level in Services and
Industry Sector, Small – Medium sized business owner, OFW.Behavioural Price conscious, Hardworking, Hospitable, Family-Oriented
Need Based Renter
Renter, or mayalready have a
house but wants tomove to a more
decent place
Renter or alreadyhas a house but
wants to move to amore decent placefor the family and
for security.
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-managerial positions in Bohol’s service / industrial sector (market size of 165,140
and 100,919 respectively). They may also be working in the agricultural sector with
their own businesses as source of income or OFWs.
The target market is price conscious and is a “renter” in Bohol and sees the need to
buy a house as he/she has established a career in the area. They may also be those
who already own a house but want to move to a more decent place for their family
and for themselves, especially those living in free-patent lands.
The target market must be made known of the trade-off between the length of the
payment terms and the amount of the monthly payment. But it must be stressed
out that whatever the financing term that they prefer, their money and their
property is secured at Primary.
III. ADVERTISING STRATEGY
A. TARGET AUDIENCE
The target audience of the newspaper advertisement will be composed of the
following:
• Professionals with supervisory position in Bohol’s services and
industrial sector such as banks, private corporations, government and
academic institutions.
• Married couples with no children, who want to get an affordable and
decent place.
• A family of 3 – 5 members planning to get a better place.
• Families of OFWs.
B. Advertising Objectives
• To inform the target market about the Colorado Homes
• To promote the payment schemes of Colorado Homes
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• To increase the number of site visits and site inquiries by the target market
about the Colorado Homes Bohol.
• To encourage the target market to buy or reserve a house in order to avail
discounts.
Based on the above objectives sited, the general advertising appeal for Colorado
Homes Bohol will be the informational appeal. This requires that the focus of the
advertisements will be the benefits that they get from the product and the products
other attributes and features.
C. Advertising Mix
Positioning:
Affordable, Flexible payments, A better alternative to renting,
For every hardworking Boholano, Financial and Emotional
security.
Copy Strategy:
The newspaper ad will convince the young professionals, and
mid-income Boholano family, who are currently renting or are
looking for a decent house for their family. They will be
informed about the Colorado Home’s very low-cost houses
equipped with the practical features needed by a simple
individual or family. It will be worth their savings and guarantees
them financial security because it is backed by a reputable
company and their property is well taken care of.
The message will be featured in Bohol’s newspaper in Tagalog
and in English. The tone of the message would be jolly and
happy in order to encourage prospects to see the place, visit the
company website or contact one of the brokers. Affordability
will the main thrust of the message coupled with the traits of
Boholano.
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Media Plan:
The strategy will be burst advertising on the first weeks of June
followed by pulse in the following weeks as inquiries and
demand increases. Sundays will be prioritized with a full-page
advertisement in the Bohol Chronicle or the Sunday Post or the
Bohol Standard.
D. Suggested Taglines
ENGLISH
1. A House Fit for the Self-starting and Hardworking Boholano
2. The Most affordable Housing program for every self-starting
and hardworking
Boholano.
3. Now, you can finally own a house you can call your own.
TAGALOG
1. Handog ng PrimaryHomes para sa masipag na Boholanong
tulad mo.
2. Ang pinakamurang pabahay para sa lahat ng Boholano.
3. Bahay ba? Colorado ka Na! Affordable na, secured ka pa at
ang ‘yong pamilya.
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4. Kitang – kita kung ‘san napunta ang iyong pinaghirapan
Primary Homes Inc.
V.Rama Avenue, Guadalupe
Cebu City, Cebu
COLORADO HOMES BOHOL
NEWSPAPER ADVERTISEMENT PLAN
Submitted By:
Neil Adrian B. Guadayo
Management Trainee
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Submitted To:
Primary Homes Inc. Marketing Team
May 25, 2013
IV. SAMPLE COPY
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