2.1 stability in pricing policy Despite the race for profits of foreign milk companies, Vinamilk maintains price stability from mid-2008 to the present. Vinamilk's price on the market only by about one third compared with the price of foreign milk. With milk prices at present, Vinamilk to accept interest rate reduction or offset from doing business in many different product lines in order to share the burden of spending with consumers, rather than holes. 2.2 the policy more expensive to have better quality When the current product is positioned in the minds of consumers, the higher the position the new product completely smoothly. A series mark of Vinamilk is upgraded as: Dielac Dielac up Alpha have colostrum of Vinamilk, Friso up Friso Gold, Dumex into Dumex Gold. 2.3 policy unchanged the price but the quality is higher than The products are worth the low positioning, Vinamilk to use form higher value but keep the price. This is the position the line pasteurized milk and yogurt. 2.4 Vinamilk's procurement price policy Advocates: The more urbanized, no grass in compliance, good breeding conditions but far lower price shipping. Always adjust the trade-in value according to the crop and the situation of the milk world. 3. Valuation Vinamilk's revenue is forecast to increase by an average of 12.84% per year in the period 2009-2012 and reduced to 7.72% in the period 2013-2017. The rate of capital turnover/sales are forecast at 68.44% in 2009 and gradually increasing the average period 2005-2008 is 72.94%, the overall cost of sales and management costs stable at 15.74% of revenue. Idle funds are assumed business will use to repay the loan reduces the cost of business. The scale of financial investment is assumed to remain unchanged. Conclusion: Vinamilk's price policy is quite reasonable. Competitive margin compared with the products of the same kind of absolute advantage in meeting the majority of consumer demand in all parts of the world, any and all classes. III. Distribution (Place) Vinamilk's distribution network is a strong competitive advantage over other competitors on the market of Vietnam. The company owns an extensive distribution network across the country, there are favorable conditions for products to large numbers of consumers. 1. Policy Agent Vinamilk is the incentive for the dealer so that they become close friends you do, with their products. Cases of breach of contract, the company is resolutely cut off for example for other agents. Agents classified into 2 types: -The Group of products of milk (condensed milk, powdered milk, etc.): this group with Vinamilk set out the essential conditions must hold promise not to sell any other milk products. -Product group cream, fresh milk, yogurt: advocated unrestricted and widespread severe conditions. Usually for agents, depending on the position, location, sales that the company provided sales and reward the agents according to you, by month. 2. Management and distribution system Currently the company has two distribution channels: distributed via traditional channels: (220 independent distribution ferry House in 64 provinces and more than 140,000 retail outlets across the country) made to distribute more than 80% of the company's output. Vinamilk has opened 14 product gallery in the big cities. distributed via modern channels: (supermarket, Metro, etc.) Vinamilk has the advantage through the dairies are invested locally in many stretches in the country. With a distribution network across the country are lazy as well as direct channels such as: hospitals, supermarkets, school of ... Vinamilk is likely to switch from the external supplier to the customer. 2.1 distribution channel management To effectively manage the distribution channels in the market, Vinamilk is using the typical modern ICT applications, that is: Oracle E Business Suite 11i system: officially commissioned September 1, 2007. Connect to 13 locations including: Head Office, factories, warehouses across the country. application management relationships with customers (Customer Relationship Management-SAP): this is the effective approach to solutions to the customers of Vinamilk, helps companies collect adequate information and customer needs from that given the policy formulation and development of distribution networks for the best fit. system of enterprise resource planning-Enterprise Resource Planning (ERP): tools to support employees, allows Vinamilk distribution network across the country can be connected to the information in both situations: online or offline. The information gathered helps Vinamilk giving timely processing as well as support for accurate planning. The collection and management of information of the sales agent is to be able to respond promptly, providing satisfaction for every khạch in the higher levels. Vinamilk thereby also managed through the policy reviews, promotions within the distribution system. While that subject is important to the client endpoints also benefit thanks to increasing quality of service be improved. 2.2 build the distribution network -In 2008, Vinamilk has invested more than 7000 cool cabinets, freezer for cold distribution system and over 300 small trucks for the Distributor. -To assist in its distribution network, Vinamilk has opened 14 galleries in major cities such as Hanoi, Da Nang, Ho Chi Minh City and can tho. Vinamilk-have more open plan a marketing campaign at the same time develop more retail outlets to increase sales. Besides the domestic distribution network, the company is also the official distributor in the United States, Europe, Australia and Thailand. In the future, continue to set up distribution networks in Cambodia and its neighboring States. -Strengthen the system and quality of distribution in order to gain more market share in markets that have not had the higher Vinamilk especially rural and small municipalities 3. Team Management and sales -Experienced sales team has support for distributors to better serve retail outlets and consumers while promoting the company's products. And to support the distribution and development of relationships with distributors and new retail. Experienced sales team analysis identifies consumer trends and tastes approached frequently with consumers at the point of sale. Strictly Business-good management is evidenced by the results of sustainable business practices. Vinamilk is managed by a management team of enthusiastic and experienced in the industry. Professional service firm can keep up with the change of the market. Vinamilk-has a strong management team and has to stick with the company since Vinamilk is the State-owned enterprises. Thanks to the guidance of this management team, Vinamilk has attained much success as one of the 10 shortlisted companies won orders Vietnam high quality constantly from 1995 to 2007, innovative technology award of the Organization the world intellectual property in 2000 and 2004 as well as numerous other awards of the Government of Vietnam. VI. Apparel (Promotion) 1. Advertising Understand the importance of advertising in its promotion strategy, Vinamilk importance, value, continuous innovation and have achieved little success in raising its sales revenue. about the ad request: Vinamilk has fully met the strict requirements which an advertising message to reach. Namely: -Is a massive company specializing in dairy products, but dairy sources mostly from cows should picture the cows are considered to be featured, the core of Vinamilk's advertising clip. But not so that the picture the cows back to monotonous, duplicate that on the contrary, they are always exciting, fun, unique and unforgettable impression audiences (especially for children). Milk products obtained from results of Vietnam farmers, hard-working, gentle and fresh cows happy, healthy. The embodiment of pleasure, physically powerful, since it brings fun, happy spiritually, it was a truly beautiful life.
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