Marketing solutions for NPK fertilizer of Petro Vietnam Fertilizer and Chemicals Corporation (PVFCCo) in the period 2012-2014 Trần Văn Hiệp Khoa Quản trị Kinh doanh Luận văn Thạc sĩ ngành: Quản trị kinh doanh; Mã số: 60 34 05 Người hướng dẫn: TS. Trần Đoàn Kim Năm bảo vệ: 2011 Keywords. Quản lý tiếp thị; Marketing; Phân bón Content TABLE OF CONTENTS ACKNOWLEDGEMENTS .................................................................................................... i ABSTRACT ........................................................................................................................... ii TÓM TẮT............................................................................................................................. iv TABLE OF CONTENTS ..................................................................................................... vi LIST ABBREVIATIONS..................................................................................................... ix LIST OF FIGURES ............................................................................................................... x LIST OF TABLES............................................................................................................... xii INTRODUCTION ................................................................................................................. 1 1. The thesis title ............................................................................................................... 1 2. Necessity of the thesis................................................................................................... 1 3. Research aim and objectives ......................................................................................... 2 4. Research questions ........................................................................................................ 3 5. Data sources and Research methodology ..................................................................... 3 6. Scope of the research .................................................................................................... 3 7. Significance of the research .......................................................................................... 4 8. Structure of the thesis ................................................................................................... 4 Chapter 1: LITERATURE REVIEW .................................................................................... 5 1.1The concept of marketing ............................................................................................. 5 1.2. The analysis of macro environment and industry ....................................................... 7 1.2.1. Macro environment analysis ................................................................................ 7 1.2.2. Industry analysis ................................................................................................ 10 1.3. Target market segmentation, selection and positioning ............................................ 14 1.2.3. Market segmentation ......................................................................................... 15 1.2.4. Select the target market ..................................................................................... 17 1.2.5. Positioning in the Market .................................................................................. 17 1.4. Marketing Mix (4P) ...................................................................................................... 20 Chapter 2: NPK MARKET ANALYSIS OF PETROVIETNAM FERTILIZER AND CHEMICALS CORPORATION (PVFCCo) ........................................................................ 23 2.1. Process of establishment and development ............................................................. 23 2.2. Production and operation performance of PVFCCo ............................................... 24 2.3. Macro environment analysis ................................................................................... 26 2.3.1. Politic .................................................................................................... 26 2.3.2 Economic factors analysis ................................................................................... 28 2.3.3 Cultural and social factors ................................................................................... 29 2.3.4 Technological factors .......................................................................................... 31 2.4. Industry environment analysis ................................................................................ 32 2.4.1. NPK Fertilizer market analysis.............................................................. 32 2.4.2. Competitors analysis ........................................................................................... 34 2.4.3. Pressure from Customer ...................................................................................... 48 2.4.4. Pressure from material sources ........................................................................... 49 2.4.6. Pressure from substitute products to NPK fertilizer ........................................... 53 2.5 Target market analysis of competitors .................................................................... 53 2.5.1 Regional demand ................................................................................................. 53 2.5.2 Market share ........................................................................................................ 54 2.6 Customers’ comments on NPK fertilizers ............................................................... 57 2.6.1. Farmer customers .................................................................................. 57 2.6.2. Distributor and retailer customers ......................................................... 59 2.6.3 NPK Products Positioning Analysis .................................................................... 60 2.7. Analysis of Competitors’ Marketing Mix ................................................................. 61 2.7.1. Japan Vietnam Fertilizers .................................................................................... 61 2.7.2. BinhDien Fertilizers Joint Stock Company ......................................................... 61 2.7.3. Lam Thao Fertilizers and Chemicals Company (LAFCHEMCO) ...................... 62 2.7.4. Baconco Limited Company ................................................................................. 63 2.7.5. Nam Sao International Joint Stock Company ..................................................... 64 Chapter 3: MARKETING SOLUTIONS FOR NPK FERTILIZER OFPETROVIETNAM FERTILIZER AND CHEMICALS CORPORATION (PVFCCo)IN THE PERIOD 2012 2014..................................................................................................................................... 67 3.1 Target market of PVFCCo’s NPK fertilizer ............................................................ 67 3.1.1. Plant location ..................................................................................................... 67 3.1.2. Marketcompetitiveness ...................................................................................... 68 3.1.3. Market attractiveness ......................................................................................... 69 3.2 Positioning strategy of PVFCCo’s NPK fertilizer .................................................... 71 3.2.1. Production technology ....................................................................................... 72 3.2.2. Raw material sources ......................................................................................... 72 3.2.3. Production capability ......................................................................................... 72 3.2.4. Marketing and distribution capability ............................................................... 73 3.2.5. Product positioning of PVFCCo’s NPK fertilizer ............................................. 74 3.3. Marketing targets for NPK products ......................................................................... 76 3.4. Marketing Mix for NPK fertilizer of PVFCCo ......................................................... 78 3.4.1. Product strategies............................................................................................... 78 3.4.2. Price strategies ................................................................................................... 79 3.4.3. Place strategies .................................................................................................. 80 3.4.4. Promotion strategy............................................................................................. 85 CONCLUSION ................................................................................................................... 87 REFERENCES .................................................................................................................... 88 APPENDIX ......................................................................................................................... 89 References Vietnamese [1] . Dr. Vo Minh Sang (2003), Quản trị Marketing, NXB Thong Ke, Hanoi [2] . Dr. Tran Minh Dao (2002), Marketing Can Ban, NXB Giao Duc, Hanoi [3] . Phan Van Thang, (1998),Nghien Cuu Marketing, NXB Thong Ke, Hanoi [4] . http://www.dpm.vn [5] . http://cafef.vn [6] . http://www.hsc.com.vn [7] . http://www.gso.gov.vn [8] . http://www.agroviet.gov.vn [9] . http://www.cuctrongtrot.gov.vn [10] . http://www.customs.gov.vn [11] . http://www.vinachem.com.vn English [1] . Brian Toyne, Peter G. P. Walters (1989), Global Marketing Management, Allyn & Bacon, Boston,Massachusetts, U.S.A [2] .David A, Aaker, Hoboken, John Wiley (2005), Strategic Marketing Management,Hoboken, NJ : John Wiley, New York, U.S.A [3] .Michael John Baker(2001), Marketing Theory, Macmillan, U.K [4] . Michael E.Poter (2001), Competitive Strategy, Harvard University Press, U.S.A [5]. Philip Kotler (2003), Marketing Management, Prentice Hall, Singapore [6] . William D. Perreault, E. Jerome McCarthy (1988), Basic Marketing, McGraw Hill/Irwin, New York [7] . Philip Kotler (2001), A Framework for Marketing Management, Prentice-Hall, U.S.A . Kenneth L. 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