marketing plan - shrimp exportation (from mozambique to japan)
TRANSCRIPT
Marketing Plan Shrimp ExportationFrom MOZAMBIQUE TO JAPAN
contents Mozambique Market Situation Objectives Current Japanese Market Target & Segment Distribution Channel Product promotion SWOT Analysis Control
Mozambique Market Situation Mozambique is located in east coast of Southern
Africa.
It’s economy is based largely on: Agriculture, Fishery Oil & Gas* Chemical Manufacturing, Coal* Aluminum Heavy Minerals Tourism
*Some Japanese company's are investing in this industry
Cont.Fishery economy
total production estimated at about 138 thousand tons (2008)
shrimp represents 80% of fishery’s exportation, contributing for around USD76 million in value of annual exports.
79% are shallow water shrimps.
Cont.• Mozambique has been exporting shrimps for different
countries including US and European Union
Sea food Exportation
Objective Expand our business in Japan
To be among the top 10 shrimp exporters in Japan within 5 years
Strength relationship between Japan and Mozambique
Current Japanese Market Based on the total volume of world imports, the
shrimp market can be divided into three main players: United States, Japan and European Union
The Japanese market is the second most consumers of shrimp.
Heavy users are: Restaurants Householders Industry for instant noodles or certain types of
cooking.
Current Japanese MarketMajor shrimp Exporters
Current Japanese Market The major part of this exporters supplies aquaculture
shrimps. High production cost.
Osaka, Kyoto and Kobe are the major consuming regions.
In average, householders in Japan consume 4.047 kg of shrimp.
The consumption grows significantly in throughout Japan during national holiday periods such as the Golden Week, Obon festival and summer parties and end of the year.
Target and SegmentationTarget Restaurants, Hotels and householders
Segmentation At the beginning we will focus on
restaurants and hotels located in Osaka, Kyoto, Kobe and Tokyo. (why?)
Distribution Channel Current Distribution System
Distribution channel Distribution System
Warehouse
E--retailersHousehold
Distribution ChannelDistribution Channel For Hotels and Restaurants (direct selling
model) Selling directly to restaurants and hotels will
maximize our profits, eliminate distributors and retailers from acting as intermediate, and take care of our processing and marketing.
For householders, the distribution channel will be E- Retailers. E.g. Amazon, barticrom.
Product promotion Lack of capital for advertisement on TV, Radio or
Newspaper
The best way to reach a greater number of consumers without spending a lot of money is to use the internet as our marketing media
Social Media networks and website will be used to reach the online audience
Face –to-face Marketing
Pamphlet/ leaflet in public area. E.g. Stations.
SWOT
Strengths Experience exporting shrimps to large market
size such as US and European Union
Capacity to supply large quantity of shrimp;
Geographic location/ position in exporting 7 among 10 Mozambican provinces are
located near the Indian Ocean
Strengths
Low production cost 79% of shrimps exported are shallow water shrimps
Low labor cost Low price compared to Japan and competitors
High quality Diversified shrimps 70% of Shrimp exported is Large size, 30% Medium.
The current Japanese market supply medium, small size and rarely large size.
Weaknesses No previous experience in Japanese market.
Lack of brand awareness
Language barrier
Business culture differences
Limited capital for promotional and research activities
Lack of advanced production technology
Opportunities Japan is a great potential market:
Second major country importing Shrimps, after US.
Shrimp is the most widely consumed seafood product
Restaurants and Hotels has a preference for large size shrimp.
From last five years, Japan has been expanding its business in Mozambique.
Opportunity Steady increase in consumption Increasing demand high price for shrimp
http://asia.nikkei.com/Business/Trends/Japan-s-shrimp-imports-to-fall-10
Threats Large number of competitors
Limited shelf space
Governmental regulation Quality control Procedures Restrictions to new entries
Control To monitor the plan
Monthly sales and expenses to compare with marketing plan
SERVQUAL conducts surveys to customers
price comparison with competitors
Thank you
Q&A