Professional Documents
Culture Documents
Introduction
Every product in modern marketing era needs a proper marketing and
promotion plan. So our new product of mix of Mango and Mint Joosh do
needs a proper marketing and promotion plan. Because, these two plans are
the best way to get bestselling and consumer preferences in comparison with
other products in the market. A good marketing and promotion plan always
forecasts the future activities with proper judgmental knowledge. Better
prediction ability of the marketer heavily influences the success of the product
and way to survive in the modern competitive market.
Raw materials The main raw material for our juice is fresh mango and mint.
The other materials are: Mango Mint Water Sugar Vitamin A Sodium
Benzoate Approved Preservatives Natural Identical Mango and Mint Flavor
Natural Extract of Mint and Mango
Pricing Strategy Market price for each bottle for consumers is 19tk/bottle. We
plan to sell at a price of 15tk/bottle to territory distributors. The price has been
decided using cost-plus strategy keeping a margin of 5tk/bottle, that is our
budgeted costing is 10tk/bottle, keeping a gross profit margin of 33%.
Knowing the fact that 19tk is not a round-up price, we have kept the price 19tk
instead of making it 20tk as part of our psychological pricing