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BUSINESSREPORT
Company name: IPC Flowers
Group members :
BE（1）：张惠彬(No.11)、陈晓媚(No.16)、朱婉萍(No.18)BE（2）：林岚(No.4)、林海燕(No.5)
Table of Contents
1.Introduction
2.Situation analysis
a)Overview of organisation
b)Environmental analysis including current market size, demand analysis and market potential
c)Competitor analysis including positioning analysis
d)Market segmentation and target market analysis
3.Part 1Review current busine performance and capability
5.Part 3Document how busine can meet current and emerging needs of the target market
7.Conclusion and recommendations
Introduction
In this report, you can learn about our situation analysis for Hong Kong.It will contains overview of organization, environmental analysis(including current market size, demand analysis and market potential), competitor analysis(including positioning analysis), market segmentation and target market analysis
Other aspect, we also have a overseas market analysis.The target market is Ruia, we have made a comprehensive analysis.Through the analysis of the various, we have collect market intelligence;review current busine performance and capability;evaluate the specific market;document how busine can meet current and emerging needs of the target market
This report was researched and authored by 5 students from the 2010 Cohort of BE students, namely Jill, Sally, Nicole, Lena and Peggy.The authors conducted both primary and secondary research, using interviews, websites, and others to reach their conclusions and
recommendations.Among us Sally mainly responsible for introduction and domestic situation analysis, Lena was mainly for collect market intelligence, Nicole was in charge for review current busine
performance and capability, Peggy had took target for evaluate the
specific market, document how busine can meet current and emerging needs of the target market, in the end Jill had a conclusion and recommendation.Situation analysis
a)Overview of organisation
Our company is a private company which is a cooperative made up of individual flower growers and some private investment.As for the Human Resources, 100 staff, primarily based in Fujian, involved in purchasing and grower liaisons, marketing, finance, sales, transport and logistics, flower proceing(quality control, trimming, and packaging)warehousing and management.Our busine focus on Fujian and Guangdong province.Not only we are establishing internet site currently but we also have approximately 20 million RMB annual years.According to these conditions, we can do further market development in other cities of China, such as Hong Kong.b)Environmental analysis including current market size,demand analysis and market potential
With the development of economy and the improvement of people's living standard, the Hong Kong residents have more and more followers demand , and more more varieties, make Hong Kong flower market developing rapidly.Flowers in Hong Kong has already become a kind of fashionable gifts and decorations, friends and relatives in marriage, moved, shop opened, , visit the birth, and applications are on a funeral give flowers to congratulate or sympathy.The Spring Festival, valentine's day,Tomb-sweeping day, Mid-Autumn festival and the double ninth festival, mother's day, Christmas are a season of flourishing sells of flowers.In this rising market demand can judge the Hong Kong flower market potential is tremendous.c)Competitor analysis including positioning analysis
Of course, from the Hong Kong flower show which has been display in March every year can be seen that we also faced very strong competitors, particularly in flowers variety of cultivation.The use of a new high-end means cultivation flower is very important, it is an aspect we need to strengthen the cultivation of a little.But we also have our advantage.There are followers
Human resources: we have 100 employees, participate in procurement and growers liaison, marketing, finance, sales, transport and logistics, flower proceing(quality control, trimming and packaging)storage and
management.With these specialized and systematic production mode, we had more confidence.The geographical position: our busine focus is to Fujian and Guangdong, especially Guangdong, adjacent to Hong Kong.This will help our busine expand.Further ,to develop market abroad and laid a good economic and experience foundation.Physical Resources, One large warehouse and proceing centre.A small fleet of trucks which collect and deliver flowers to retail stores.This proce has been proven to be very effective and flowers arrive at resellers in prime condition.d)Market segmentation and target market analysis
market segmentation:
Hong Kong has a convenient transportation, traveling, shopping are rich in resources.According to the 2011 census population of Hong Kong, Hong Kong has a total population of 7071576, the population of permanent residence in Hong Kong close to 6.5 million, shared for 91.8% of the total population.So the target population of age is more than 20 under 40 who have highly educated and high income, the use of electronic digital products, higher modernization degree women.1.This group has key features:
(1)have their own certain economic base
(2)have their own certain grade and pursue, pay attention to life emotional appeal
(3)pay attention to fashion, willing to try new things
(4)study, work and life of preure and the desire to relax
2.The needs of customers for flowers:
(1)decorate family room, working place order to make a beautify environment
(2)give family, friends, patient, etc
market analysis:
1.Crowd constitute of the target market
The company will be located in high-end customers-white-collar cla, and they have independent economic foundation, a little small endowment emotional appeal, and very sensitive to tide fashion.Shopping is follow one's inclinations, just be happy.2.Psychology analysis
(1)From the age.Dre and traffic tools.(2)The consumer’s psychology, face.Moody interests.Consumer often have alert and mistrust psychological, we should be made to eliminate these
situations.(3)Analysis of consumer’s spending characteristics and applications.3.Target consumers demand for the product features:
(1)varieties
①The Spring Festival.Many merchants statistics surface: only half a month of the Spring Festival, flowers sales accounted for 30% of annual sales
②The valentine's day.With its unique stretched, it can send out a cavity say more.③Mother's day.Each year on 5 of the second week is mother's day, In this holiday, carnations inevitable to be the best-selling flowers.It another note, since mother's day in 2000, some local began to appear orchids selling trend.Similarly, other festival also have the representative of the best-selling flowers.(2)Packaging and quality
Packaging usually prefer to demand higher quality and personalized development trend of direction.4.Florist location choice:
The florist should be located at convenient traffic downtown, because of retail profits has share about 50% of-80%.From this consideration, florist location in hospitals, hotel or city entertainment, can avoid from June to September for the whole season achievement influence.In addition, from expanding retail performance improvement consideration, because wholesale profits in about 10% ~ 30% among, so we can choose florist located in flowers market wholesale street or the florist centralized blocks.So, in the following year 9 to 5 months of the season, and all the florist and person who buy flowers are all for our customers.
