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Students from others University, workers and worker that have pension.
Most of them give positive comment about planting and growth the
herbs in house in the survey.
Most of them were agree with the ideas growing herbs in house
because it will create such great and fresh aroma. About 50% of the
student have try indoor greenhouse product. 65% are consider to use
Odyseed product because it easy to manage and conduct it. By using
Odyseed produce, it can help them to take care their herbs. 60% said
that price is the most that can make product be more appealing, 25%
said different design, and 20% said others. About the pricing, most
people prefer to purchases in cheaper and moderate price base on the
product. On the survey, people use to look out the Odyseed strength by
quality, design, ecological friendly, prices and wellness and health.
Survey question ask people about:
1. open the ideas of growing herbs in house,
2. have they try any indoor greenhouse product
3. would they consider to use Odyseed product
4. what make product more appealing
5. how much, as customer they are willing to pay for purchasing
the product
6. what is Odyseeds strength and weakness
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COMPETITIVE ENVIRONMENT
Odyseed is a new company that involved in keeping herb
growing in the house and make indoor herb alive. Even, there
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are more company that produce the similar product, but
Odyseed can adapt with this competitive environment such as
competitor. There are many competitors that operate in this
market. Growing herbs and make indoor live, is a market product
that dominated by global and local brand. Odyseed can take this
challenge as the strategy to create an innovation to full fill
customer needs and wants and make the product more unique
than other competitors. Competitors make company want to
develop more about the industries that they involve. Like
Odeyseed, they can use and refer to the competitors how
exactly their process to be. How they persuade customer and
how they promote their product to the customer. Competitor will
give great successful in result. So, that, Odyseed can take this
competitive environment to compete with others competitors to
make a plan move further. Take the challenge to improve and
make a great step by looking out what competitors do. For the
example, competitors that produce similar product are:
1. AreoGarden
2. LEAF
3. NIWA
4. Plantiu
5. Big Bloomz
6. Chlorophyll
7. Ralphas Greenhouse
5. All viable new markets that your team members have been suggesting in your
discussions:
6. Market analysis:
LAW AND REGULATIONS: The company choose the market that can
easily penetrate their market without go through the strictly legal.
Economics: company had to restructure the sales and marketing
campaign based on economic.
Another role of the government is present in the law and
regulation since they have the power to restrict and regulate a
business through laws, regulations. It is very important that the
new business or company is accepted to the laws or regulations
to be able to develop their goals as a company.
Examples:
Amazon
Web
Television channel
eBay
Alibaba
Companies that specialized in delivery (FedEx, DHL, TNT and others)
Food hub:
Carnivoro
Asador Organico Mexicano (Mexican restaurant)
Pan Comido (Mexican restaurant)
Origenes organicos (Mexican restaurant)
Ojo de Agua (Mexican restaurant)
ANNEX Food Pty Ltd (Australian)
9. HR and staffing:
May hire part time sales staff such as university level student.
For the starting to Odyseed expand their product, Odyseed need to
know and analysis their cost of the product such as all the fix and
variable cost that include in the activities. Besides that, in order to
analyses the target strategy of new market, Odyseed need to hire
some of the part time workers to run the business in the new place
market.
Odyseed can hire part time sales staff, promoters to promote the
product to people.
Highway system
Odyseed can used the road transport to send and make delivery
to the customer. Besides that, by using own company transport
to making trade with other country, Odyseed also can use the
road transport services such as TNT, FedEx and others road
services. By choosing road transport it can be the most flexible
option to Odyseed for making trading in international business.
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The motorway network is good and crossing national borders is
usually quick and efficient.
Air transport
Besides that, in order to expending the business to others
country, Odyseed can use the air transport service that offers
numerous advantages for international trade, depending on the
requirements. It can deliver items quickly over long distances,
give high levels of security for sensitive items and can be used
for a range of goods. For Odyseed to make export to other
country with big amount, Odyseed can use air transport to send
the product or it also can import the raw material from others
country.
Train
Rail transport is a cost-effective and efficient way to move the
products and goods. It offers Odyseed the following advantages
such as fast rail links and it is environmentally friendly compared
with other transport modes.
12.Price range you are considering so far (min and max that came up in your
discussions):
Product promotion
1. Free samples
2. Have product used and visible at an attraction. For the
example, amusement park, restaurant etc.)
3. Online ads
4. Letter in mail
5. Trade show
6. Radio
Marketing channels
Direct selling
-Odyseed can making selling by face-to-face with customer.
Dual distribution
-Odyseed can make distribution by wholesale or retain resale
through more than one distribution channel, such as via dealers
to smaller customers and direct to the large customers.
Intermediaries
-Odyseed can used marketing intermediaries, that also known as
middlemen or distribution intermediaries. Intermediaries is
important part of the product distribution channel. They are
individuals or businesses that make it possible for the product to
make it from the manufacturer to the end user, essentially
facilitating the sales process. Intermediaries knows as brokers or
agent.
14.Marketing budget range (min and max that came up in your discussions):
You would have to invest 20% in your main buyers or future buyers, in
case Odyseed continue to invest in children as they teach them to
grow a garden can be, stimulate new interests and skills, as well as
give them a new appreciation of nature.
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You should also invest in people between 15 and 18 who
are people that live immersed in technology and have
new liked by the environment and sustainable
development, these could become the future buyers of
Odyseed.
Internal or external event in these should be invested 20% since the
organization of event on a topic of interest san provide the customer a
sense of belonging by the company, since with the participation of
these event may have new experience about the company the product
and may the customer on their own can get to advertise to the
company as it feels parts of it.
Social networks should invest 20% as social network are very useful
resources in these new generation in labor and business relationship.
Odyseed already has presence in the main social networks as they are:
Twitter: It has become a virtual news networks and it is
important to have a consistent and relevant presence.
Facebook: It is the network with greater number of users
is important to invest a little more in this social
networking since premium of this one can interact more
with the consumers and is something important for the
growth of Odyseed.
Instagram: It has achieved a constant growth and
positioning and many brands are using it, because
through their images and videos, brands can connect in a
more emotional way. Although Odyseed is in Instagram
needs more influence within this social network because
the characteristic of this could be reached more
emotionally to customers.
Paid advertising or online advertising should be investing 30% in this
should invest a greater amount since the online public allows to reach
the customer in a much more effective way, speed the things much
more available to the customer will help to the strengthening of the
company.
Incentives to sell you should invest 10% since wo does not like to be
given gifts, after and many more things, with this could be attract or
maintain customer.
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15.Product idea: