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INTRODUCTION TO MARKETING
Dien May Xanh Electronics Supermarket Chains
Group’s Member: La Thi Thanh Thao Student ID: 2182077
INTRODUCTION TO MARKETING
Dien May Xanh Electronics Supermarket Chains
Group: 2
Tutor’s Name: Ms. Tran Thi Thu Hien
Tutorial Class: MK203DV01
Student
Num. Member Assignment of work Completed
ID
- Summary
1 Nhat Khanh 2173209 100%
- Word edit
- COMMITMENT
- THANKS TO
5 Thanh Thao 2182077 - ABTRACT 100%
- SALULATORY
- 4P’s Analysis
II
COMMITMENT
“We read and understood about the violation of academic integrity. We
commit by our honors that the report is studied by us and perform so we ensure
not to the violation of academic integrity.”
August, 2019
(Member’s Signatures)
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THANKS TO
This is the final report of the Introduction to Marketing course conducted by
5 members of our group and this is thanks to all of people. First of all, we
would like to thank the Mrs. Tran Thi Thu Hien has enthusiastic and
dedicated to guide our team to complete this final report. Secondly, we would
like to express our sincere thanks to those who participated and the members
of the group contributed their ideas and made great efforts to find information
so the report is complete. Besides, during the process we made the report,
mistakes and negligence are hard to avoid. We hope you to take some time
to give us suggestions for growing and having more knowledge to make our
future reports perfect than. We would like to accept everyone's opinions.
Please send your thanks
Thank you!
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ABSTRACT
With the report on Introduction to Marketing, our team learned and
survey of Dien May Xanh's business marketing strategy in the dosmetic
market from 2011 until now. We tried to find information, cite, select from
Dien May Xanh's marketing strategies. Through the process of making group
work, we hope foreign businesses can understand more about strategy as well
as understanding where they will invest to expand the market, High returns
on profits. With the enthusiasm and hard work of the members,we will
complete this report in the best wa
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TABLE OF CONTENTS
COMMITMENT ........................................................................... i
THANKS TO................................................................................. ii
SALUTATORY ............................................................................ 5
I. SUMMARY ............................................................................. 6
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2.2.6. Culture ............................................................................................. 18
REFERENCES ........................................................................... 26
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TABLE OF FIGURES
Table 1. The segmentation customer market of Dien May Xanh ............. 10
Table 2. Dien May Xanh's SWOT Analysis ............................................... 21
Table 3. Dien May xanh’s 4P’s Analysis ................................................... 22
Table 4 . Dien May Xanh’s Programs ........................................................ 23
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TABLE OF PICTURES
Picture 1: The System of Dien May Xanh Chain Store .............................. 6
Picture 2: The suppliers of Dien May Xanh ................................................ 8
Picture 3: The revenue of chain stores......................................................... 9
Picture 4: Competition 1 ............................................................................. 11
Picture 5: Competition 2 ............................................................................. 12
Picture 6: Competition 3 ............................................................................. 13
Picture 7: Commercial Web ........................................................................ 17
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SALUTATORY
Barrack Obama once said: “If you go the right way and are always ready.
Next, sooner or later you will succeed. ” We all know the first step to one children
who know how to speak, walk, eat or crawl, adults must tell and have some proper
proper method. Applying in business as well, a business person success and exist a
long time since their names in the market or may be failed then business strategy
is the important factor that business need to have. However, all of company need
to push higher dosmetic position and especially this is the first step to hang out the
competition international area then business strategy can limit risks and lift high
competitiveness. For example, Dien May Xanh which is the electronics retailer
with the strategy of opening stores throughout 63 provinces in Vietnam. They
studied about the market, culture, psychology, behavior and demographic of
customers. Moreover, they connected to big reputation brands as Samsung, Apple
and so on. However, the difficult thing that they have to face with a lot of
competitions such as Tran Anh, Nguyen Kim, MediaMart, Vinpro,…but these
electronics retailer is not still catch up Dien May Xanh because of the smart
marketing strategy.
For these reason, our members decided the topic of Dien May Xanh for the
final report. Through the report, we hope to help Vietnam company and
multinational company can understand about the marketing strategy and look for
the suitable strategy in order to apply for their business.
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I. SUMMARY
Dien May Xanh is a new brand which has succeeded in interior market for
selling electronics products. Also, it become a national brand and open chain
store in a short time. This report which study about the story of Dien May
Xanh’s marketing strategy and stand out from a lot of many electronics stores
in VietNam. Dien May Xanh was first notified to the community in December
2010, but it was just the new brand to customers and it hadn’t much influence.
Within 6 years, Dien May Xanh has developed rapidly and became the first
electronic retailer system of Vietnam.
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open supermarket, making the customer to find, compare and experience products
at supermarkets. Moreover, along wih a rich list of good products, focusing on 90%
of popular demands and with many reputation brand in the world.
Not only that, the online service makes it easier for customers to shop at the
supermarket than ever before with the website that is rebuilt scientifically with full
content, images, description and so on. The phone version is also easy to search,
and shop at anytime and anywhere.
II. BODY
2.1. Microenvironment Analysis
2.1.1. Company
Firstly, it opended 12 stores where are located in 9 provinces until now there
are 887 supermarkets in 63 provinces and cities in Vietnam. Moreover, there are
10.000 employees.
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and cities.
2.1.2. Suppliers
Dien May Xanh is also affiliated with many major banks, allowing
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customers to be paid by visa cards, master cards, credit cards,… without cash, and
supporting installment purchases.
2.1.4. Customers
Dien May Xanh want to have customer segmentation who are employed and
the higher income rather than teenagers.
The revenue of Dien May Xanh has increasing from 2011 to 2017 to catch
up The Gioi Di Dong. As a result, Nguyen Kim not only lost the leading position
but also lost the second place in the hands of another competition which is Dien
May Xanh. They are having impressive business results: Revenue in 2016
increased 54% from 8,100 billions to 12,500 billions and continued to increase by
26% in 2017. (Kiến Khang, 2018)
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Table 1. The segmentation customer market of Dien May Xanh
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2.1.5. The competitors
There are some leading brand in the electronic market such as Nguyen Kim,
Tran Anh, Mediamart, and so on.
+ Nguyễn Kim:
Nguyen Kim is the first electronic center which received the International
Quality Management System Certification across the country.
Picture 4: Competition 1
+ Trần Anh
Along with 14 stores in Hanoi and the rest for other provinces from Southern
to Middle of VietNam. For Tran Anh, they have Japanese quality service such as
large display spaces, parking, locations,…
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Tran Anh has big difference thing when comparing with others company.
(Tuan Thanh, 2017)
+ Secondly, they are focusing on promoting the big store with the
large area in order to show the product on shelves to help the customers easily
select and experience.
+ Thirdly, they are well exploiting his own advantages that are
Japanese partners supporting the same goal towards Japanese pality.
Picture 5: Competition 2
+ VinPro
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Vingroup corporation officially announced the retail system of VinPro
Technology-Electronics-a new style of electric retailing on March 10, 2015.
Picture 6: Competition 3
2.1.6. Publics
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electronics store Nguyen Kim or Nojima, which also holds 31% of Tran Anh’s
electricity.
The acquisition of foreign competitors has just taken place, but in fact, many
electronics businesses have had difficulties. Over the past 5 years, a series of brand
such as WonderBuy, Best Caring, HomeOne, Viet Long, and Topcare have gone
bankrupt because they can not stand in the fierce competition market.
Pressure on outdated products, when the centers are not sold out, leading
to inventory of products.
Vietnam is the third most populous country in ASEAN and the 13th in the
world. According to the General Statistics Office, in 2024 the population will
exceed 100 million people.
People 's living standards and incomes are increasing, increasing the need to
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learn and consume quality products
The population is concentrated mainly in two big cities: Ho Chi Minh City,
Hanoi and big cities, so enterprises can focus on market research and marketing
activities as well as product distribution in the cities. This area helps to reduce
research and advertising costs. Being a country with high population and stable
income, the consumption of electronic products and entertainment is very high.
2.2.2. Economic
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current reality shows that, although there are always countries with high growth
rate of consumer demand, in Vietnam in the past few years, many electronics
retailers cannot exist. . The once-big names of the electronics market went bankrupt
like BestCaring in 2012, Viet Long in 2014 or TopCare in 2015. In addition, many
electronics retailers must sell themselves or enter into joint ventures with other
partners. Foreign partners to continue competing like Tran Anh sold 31% market
share to Nojima Japan, Nguyen Kim sold 49% of the share to Central Group of
Thailand ...
In recent years, this market segment is still in the middle of the battle of "big
men". Although Dienmayxanh has no a long-term operating experience, it is still
considered a formidable competitor with an ambition to expand the market and to
pay for effective marketing strategies. The market for electronics and electronics
business is still considered to be very fertile and has many potentials.
2.2.3. Natural
The natural environment include the natural sources that are needed as input
by marketers or that are affected by marketing activities. Nowadays, on the earth
air and water pollution are hot issue that are being mentioned very much.
Dienmayxanh have produced several program to increase those problems.
2.2.4. Technology
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Dienmayxanh is a tech-based company. Today, with the widespread
adoption of information technology and telecommunications industries, many new
products, services and technologies have been created and gradually. Shopping
online is one of the best way to buy things. Thanks to the Internet, consumer can
buy anything they want at home. This way is very useful and comfortable. So, all
most store choose this way to sell their products. They sell their products in the
online store (Dienmayxanh.com).
The store allows for 24-hour access. Some deals are online-only, requiring
consumers to shop on the site for big or exclusive purchases.
2.2.5. Political
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Laws, state agencies and pressure groups affect and limit different
organizations and individuals in society. The change of political factors - laws
strongly affect economic entities, affecting production and business activities.
Law on antitrust
Tax law
Labor law
Limitations: Unstable tax law, large tariff barriers, high taxes make prices
higher than other countries - making customers consider when buying products.
2.2.6. Culture
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Each province in Viet Nam as a large market but there are also cultural
differences, so that consumer goods must meet all the needs of the people and also
the unique needs of the market in each province. Dienmayxanh are not excluded
from this rule, they must thoroughly understand the tastes of their customers in
each province for a strategy to invest in the right shops and websites
Example: Vietnamese people love modernity, comfort and don't take up too
much space so they like small, versatile, convenient items…
- Firstly:
+ The biggest weakness is as a new brand that established at the end of 2010,
Dien May Xanh is still not an familiar name with customers, comparing to other
longtime-experienced competitors such as Nguyen Kim, Media Mart,…
=> This things show that Dien May Xanh have easier to gain the customer’s trust
rather than newly established brands.
- Secondly:
+ The change in brand name from Dienmay.com to Dien May Xanh, which is
a strange and speacial name from any other name of competitors, show that this is
a protential competitor in attracting customer’s attention.
+ In daily life, the company also show the ability from make the customers
remembers them thanks to the advertisement or parody videos.
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=> If the company uses the right factors to create an unique media promotion
campaign, that could become their advantage phenomenon.
- Thirdly:
+ Thanks to the good quality of customer sevices, the company has received
friendly images and positive feedback from their customer.
=> This fact has revealed a potential marketing tool Dien May Xanh apply,
Specially, the success of this media marketing is somehow ensured by customer
support for the brand.
- Fourthly:
+ Dien May Xanh has a strength is having abundant fund of capital supported
by Mobile Word Corp.
=> The competitors not had many stores in different provinces and small towns in
Viet Nam, this is the advantage for Dien May Xanh. Company has the ability to
open many small shop in different province to approach customers in almost every
area over the country
+ Also, the different between income of people living in cities and in the
countryside is substantial.
=> The company should consider carefully when launching stores in countryside.
People in countryside have lower income so their demand for expensive goods will
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be lower. These are potential risks when expanding markets in countryside in Viet
Nam.
=> It is urgent for Dien May Xanh to take actions to stand out in the market in order
to success as its competitors are becoming stronger with financial support.
STRENGTHS WEAKNESSES
Abundant fund.
OPPOTUNITIES THREATS
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Table 3. Dien May xanh’s 4P’s Analysis
Promotion -The blue man sings and dances on Product -Offer a wider range of products
the brand sympol picture used by typical customers.
-Advertising
Price -Use discount in order to give a Place -Expand the region and opend
low-price for customers. many stores in attractive location
4.1. Promotion
4.2. Price
Dien May Xanh gave discount programs with many advantages for customers.
The customers choose the right time to buy, only with the money sometimes less
than half which can have the opportunity to own a premium product, good quality
is not inferior to the new products of the same type.
4.3. Product
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The company successed in maintaining the pality and variety of reputation
brands and products.
4.4. Place:
Dien May Xanh expanded throughout 63 provinces and opened at the “gold
place” of big provinces or cities.
Dien May Xanh understood about the behavior customers as: they opened stores
at Ho Chi Minh city and every districts where they has a store in order to help
Vietnamese people easily look for.
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4 Connect with brands to Price “Big party with buying
give discounts events for Tivi 100% is have gift”,
customers “Buying one to get three
with Samsung” or “with
any bills from
300.000VND to 5.000.000
VND buyers will receive
0% installation interest and
a trading stamp”.
- The gross revenue reached about 13, 709 billion VND in 2016 which was
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206% higher than 2015 (News.zing.vn ,2016)
- Dien May Xanh is the three leading electronic retailer in Vietnam (Cafef.vn,
2017)
- “Dien May Xanh TVC” stood out the top 2 most viewer in Asia in
November 2016 (“Chiến lược Marketing số 1” ,2016)
5.2. Recommendation
- Thanks to the right choice, clear goals and ideas combined with the effective
and ever-developing Dien May Xanh marketing strategy through TVCs, this
brand has achieved an impressive amount of views even without using
influence marketing. Until now, everyone knows Dien May Xanh and
advertising TVCs during the past 1 year, the great success of this brand is
worth admiring and learning.
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REFERENCES
Marketing Admicro. (2017). “TVC của Điện máy xanh: Chiến dịch quảng
cáo gây ra nhiều thành công.” Available at: <https://marketingai.admicro.vn/tvc-
cua-dien-may-xanh-chien-dich-quang-cao/>. [Accessed 2017]
Kim Tuyen 2015, “Điện Máy Xanh: Nhờ đâu lớn mạnh?”Available at:
<http://www.marketingchienluoc.com/định-vị-thương-hiệu/28078-điện-máy-
xanh-nhờ-đâu-lớn-mạnh> [Accessed Sep,3 2015]
Ha Nguyen 2018, “Phân tích chiến lược Marketing của Điện Máy Xanh”
Available at: <https://marketingai.admicro.vn/chien-luoc-marketing-cua-dien-
may-xanh/> [Accessed Jan,4. 2018]
Ha My 2018, “Mỗi ngày mở một siêu thị mới, Điện Máy Xanh tuyên bố nắm
trong tay 1/3 thị trường” Avalable at: <https://www.brandsvietnam.com/15241-
Moi-ngay-mo-mot-sieu-thi-moi-Dien-May-Xanh-tuyen-bo-da-nam-trong-tay-13-
thi-truong> [Accessed April,20 2018]
Marketing Admicro 2016, “Bóc mẽ chiêu bài Marketing Điện Máy Xanh
dân dắt bạn” Avalable at: <https://ravak.com.vn/threads/boc-me-chieu-bai-
marketing-dien-may-xanh-dan-dat-ban.3271.html> [Accessed Dec,19 2016]
Thương, M., 2015. “Mở một cửa hàng Điện máy Xanh tốn hơn 5 tỷ đồng”
Available at: <http://kinhdoanh.vnexpress.net/tin-tuc/doanh-nghiep/mo-mot-cua-
hang-dien-may-xanh-ton-hon-5-ty-dong-3256865.html.> [Accessed May,8 2017]
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[Accessed May,18 2017]
Anon, 2016. “Khám phá thói quen mua sắm của mỗi vùng miền”. Available
at: <http://www.dna.com.vn/vi/chien-luoc-thuong-hieu/hanh-vi-tieu-dung/kham-
pha-thoi-quen-mua-sam-cua-moi-vung-mien/> [Accessed May,18 2017]
Cao, H., 2016. “Vì sao quảng cáo Điện Máy Xanh gây sốt mạng xã hội?”.
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quang-cao-Dien-May-Xanh-gay-sot-mang-xa-hoi> [Accessed May,7 2017]
Duc, M., 2017. “Nhìn lại bức tranh kinh tế Việt Nam năm 2016”. Available
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Anon, 2017. “So găng 3 “ông lớn” bán lẻ điện máy”. Available at:
<http://cafe.vn/so-gang-3-ong-lon-ban-le-dien-may-20160926082708673.chn>
[Accessed May,6 2017]
Long Giao, 2019. “Biết "rác" điện tử vẫn mua xài”. Available at:
<http://cafef.vn/biet-rac-dien-tu-van-mua-xai-20190630084119593.chn>
[Accessed Jun,30 2019].
Bảo Bảo, 2017. “Sếp Trần Anh: Điện máy 2017 những doanh nghiệp “ăn
xổi” sẽ bị thanh lọc, và Điện Máy Xanh sẽ là kẻ thống trị thị trường”. Available
at: < http://cafef.vn/sep-tran-anh-dien-may-2017-nhung-dn-an-xoi-se-bi-thanh-
loc-va-dien-may-xanh-se-la-ke-thong-linh-thi-truong-20170328090830028.chn>
[Accessed March,28 2017]
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