Marketing Strategies (1) 3
Marketing Strategies (1) 3
Marketing Strategies (1) 3
Shakib Hasan Tarannum Hossain Tanjil Hasan Israt Jahan Shahadat Hossain
B220203067 B220203010 B220203058 B220203081
B220203031
Tasnim Sultana Sazzad Hossain Mymona Rahman Musfiqur Rahman Tasnim Jahan
B220203033 B220203006 B220203017 B220203015 B220203097
MARKETING
STRATEGIES
This marketing strategy presentation covers the key elements of a new service
called FeelMeal, which aims to bridge the gap between cooked meal services and
ingredient delivery. The presentation outlines the product details, SWOT
analysis, mission statement, and marketing mix for this innovative offering.
Inagurating FeelMeal Service
3 Projected revenue
FeelMeal is projected to generate a total revenue of 45,00,000 Taka by May 2026.
Mission Statement
"We aspire to build a healthy and strong community by providing fresh and convenient food
preparation so that people can do greater things for themselves and the world around them."
The Untapped Meal
Kit Market in
Bangladesh
The meal kit market in Bangladesh is ripe with opportunity. Bangladeshi
consumers are seeking convenient, healthy, and time-saving cooking solutions.
Meal kits that provide portioned ingredients, sustainable packaging, and easy-to-
follow recipes can fulfill this growing demand.
Industry Overview and Market Potential
Place Promotion
Our product will be launched digitally on Online promotion for Feel Meal targets female upper-
mealset.com.bd, Instagram, and Facebook, with class working, young, and hip generations on
customers ordering through messaging or phone call, Facebook and Instagram. Influencers, short
and delivery confirmed within 15 hours. promotional videos, and partnerships are offered.
FeelMeal Service Features
Strengths Weakness
• Early mover • affordability
• Healthier option • Lack of awareness
S W
• Flexibility and convenience • Availability issues
• Not easily replicable
Opportunities
O T Threats
• Increasing Target Audience • Existing Competitors
• Pandemic and other options • Recession
Competitor 1: FoodNFlavours
foodFlavours is the only company currently working in the service industry with
a working website and a Facebook page. They not only work in the meal kit
industry but also provide cooked meals.
Competitor 2: Retail Stores
Panda, Pathao, and Hungry Naki are the current market leaders and also easy
alternatives to cooking meals at home. However, a customer can never be certain
of the hygiene of the food served by these restaurants. Our product will
overcome this weakness of restaurants.
Action Plan
1 Vision
Simplifying cooking for healthier living.
2 Mission
Capture 80% market share and deliver unmatched value.
3 Financial Goal
Achieve break-even within 5 years.
Financial Analysis
1 Income Function 2 Break Even 3 Promotion Budget
Market size
400000
Break-Even Analysis
Total Investment Pricing and Costs Break-Even Point
The total investment in this The average price of each By April 2025, the total expected
venture at the start was BDT Feel Meal is BDT 160, and Feel Meals sold would be 7,100, and
10,00,000, which is the fixed the average price of each the expected subscriptions sold
cost. subscription is BDT 240. The would be 1,800, with a total expected
average cost of each Feel revenue of BDT 1,568,000 and a net
Meal is BDT 80. profit of BDT 0, which would be the
break-even point.
Good food is the Foundation of genuine happiness
-Auguste Escoffier(Former French Chef and Restauranteur)
Promotion Budget
Facebook
A significant portion of the BDT 500,000 promotion budget will be allocated to
Facebook, specifically Facebook Groups and Pages.
Instagram
Instagram will also be a key focus for the promotion strategy, with a portion of the
budget dedicated to Instagram Pages and influencer marketing.
Influencers
Collaborating with relevant influencers will be an important part of the promotion
strategy, as they can help reach the target audience effectively.
Conclusion
In summary, Feel Meal's marketing strategy focuses on positioning the brand as a
fresh, convenient meal kit service that caters to time-saving cooks and cooking
enthusiasts. The company is leveraging social media and mobile marketing to
reach its target audience, while also implementing a customer-value-based
pricing strategy. The action plan outlines the vision, mission, and financial goals,
and the financial analysis covers the income function, break-even point, and
promotion budget distribution. With a comprehensive approach, Feel Meal aims
to capture 80% market share and achieve break-even within 5 years.
Thank You