Executive Summary
This document will review the marketing strategy of MXQ Lifewater and its path to establishing its market presence in the consumer staples and health supplement industry. MXQ Lifewater first solves a systemic problem within society related to healthy lifestyles and the need to live longer more productive lives . Currently around 30% of the United States population is characterized as obese or overweight. This percentage of obesity is projected to increase in the coming years due to a variety of circumstances, which include a sedentary lifestyle, adverse dietary habits, proliferation of fast food, and poor eating habits. According to an article published in the New York times, medical experts predict that nearly half of the United States population will be obese by 2030. These experts also found that nearly 25% of the population will be severely obese.
From a society perspective these obesity rates are very alarming. For one, they can cause extreme health complications related to high blood pressure, heart disease, and even cancer. This can in turn impact society through the loss of productivity within the workforce, higher medical expenditure costs, higher insurance costs, and higher premature death counts. Alarmingly, the United States is not alone as it relates to these adverse health statistics. The European union is also experience high obesity rates due in part to the factors mentioned above. This all can significantly impact economic development, productivity, and overall life satisfaction for society overall.
MXQ Lifewater, is a product designed to help alleviate and mitigate many of the chronic health issues that plague the developed world. MXQ LifeWater is a product that introduces radical breakthroughs in health beverages, supplements, and products. These breakthroughs leverage proprietary nano-sphere technology designed to create a unique and differentiated product offering within the market. Here, the company utilizes its nano-sphere technology to develop products with ingredients that are much are smaller on a molecular level than competitor product offerings. This allows the human body to more easily absorb these molecules into the bloodstream thereby enhancing overall performance. This technology is embedded in all of the companys products which include energy drinks, anti-aging creams, muscle relief products and vitamin supplements.
Business Overview
MXQ Lifewater is a health and beverage company with was founded in Shenzhen, China by Dr. Xiaoqui Ma, Dr. Danial Zhang and Dr. Rob Davidson. Xiaoqui Ma, has an extensive track record of managing and running publicly listed investment companies. Through his investment expertise, Ma has generated significant alpha by outperforming the market indexes over an extended period of time. Dr. Zhang, is nutritionist who has earned significant recognition throughout the world for his leadership in the nutrition industry. In addition to his role with the company he is also the Vice President of Shenzhen University. Finally, Dr. Robinson is the CEO of the company and has an extensive background with startups within the California market. These individuals have combined their expertise to create a truly unique product offering that is difficult to replicate by competitors. For one the Nanosphere technology is patented and is proprietary to the company. It also has a very strong leadership team looking to leverage their expertise by creating a well-recognized consumers products company throughout the world. Finally, the company has a very unique distribution model due in part to its leadership team in both China and the United States, both of which are the largest markets for health-related products in the world. By having market expertise in the two largest markets in the world, the company is better positioned to capture market share in the future (Aaker, 2003)
Target Market
The target market...
…provide data analytics interfaced that can be used to help improve marketing and sales efforts on their respective platforms. For example, these platforms can help the company improve inventory levels to ensure that products are available at peak times during the year, when sales are the highest. As a health products company, sales will tend to be highest during the New Years period. Here, consumers making New Years resolutions or those with a renewed health focus often purchase products to help achieve their goals. Through data analytics provided by these platforms, the marketing plan can better target adds, pinpoint consumers, and increase sales volume (Amaral, 2011).Budget and Sales Forecast
Projected Subtotal to date:
$249,865.00
CAMPAIGN TYPE
QTY
PROJECTED
COST PER UNIT
PROJECTED
SUBTOTAL
National Marketing
SUBTOTAL
$ 2,000.00
Banner Ads
4
$ 500.00
$ 2,000.00
Local Marketing
SUBTOTAL
$ 6,200.00
Newspaper
6
$ 600.00
$ 3,600.00
In-Store Marketing
4
$ 400.00
$ 1,600.00
POP
2
$ 500.00
$ 1,000.00
SUBTOTAL
$ 4,300.00
Public Events
2
$ 1,000.00
$ 2,000.00
Sponsorships
3
$ 500.00
$ 1,500.00
Press Releases
8
$ 100.00
$ 800.00
Webinars
0
$ 200.00
$ -
Conferences
0
$ 1,000.00
$ -
Client Events
0
$ 1,000.00
$ -
Content Marketing
SUBTOTAL
$ 20,400.00
Sponsored Content
30
$ 200.00
$ 6,000.00
Landing Page
12
$ 1,200.00
$ 14,400.00
White Papers / eBooks
0
$ 5,000.00
$ -
Social Media
SUBTOTAL
$ 111,000.00
100
$ 100.00
$ 10,000.00
250
$ 100.00
$ 25,000.00
10
$ 100.00
$ 1,000.00
300
$ 100.00
$ 30,000.00
Google+
250
$ 100.00
$ 25,000.00
200
$ 100.00
$ 20,000.00
Online
SUBTOTAL
$ 40,000.00
Blog
50
$ 800.00
$ 40,000.00
Website
$ -
$ -
Mobile Alerts
$ -
Email Newsletter
$ -
Advertising
SUBTOTAL
$ 23,700.00
Online
4
$ 2,500.00
$ 10,000.00
2
$ 850.00
$ 1,700.00
Outdoor
12
$ 1,000.00
$ 12,000.00
Radio
0
$ 500.00
$ -
Television
0
$ 500.00
$ -
Web
SUBTOTAL
$ 28,400.00
Development
1
$ 6,400.00
$ 6,400.00
Pay-Per-Click Marketing
200
$ 100.00
$ 20,000.00
SEO
20
$ 100.00
$ 2,000.00
SUBTOTAL
$ 4,800.00
Surveys
6
$ 800.00
$ 4,800.00
Impact Studies
$ -
Sales Campaigns
SUBTOTAL
$ 5,900.00
Campaign A
1
$ 5,900.00
$ 5,900.00
Campaign B
0
$ 5,900.00
$ -
Other
SUBTOTAL
$ 3,165.00
Premiums
3
$ 780.00
$ 2,340.00
Corporate Branding
0
$ 1,000.00
$ -
Business Cards
15
$ 55.00
$ 825.00
Signage
0
$ 100.00
$ -
Sales Projections
Assumptions
Price Inflation Per Year
3%
Unit Growth - Year 1 through Year 3
30%
Unit Growth - Year 3 through Year 5
15%
Sales Projections
Year
0
1
2
3
4
5
MXQ Lifewater Unit Sales
10000
13000
16900
21970
25266
29055
MXQ Lifewater Roll-On Cream Unit Sales
15000
19500
25350
32955
37898
43583
MXQ Lifewater Anti-Aging Cream Unit Sales
3000
3900
5070
6591
7580
8717
MXQ Lifewater Unit Price
$29.99
$30.89
$31.82
$32.77
$33.75
$34.77
MXQ Lifewater Roll-On Cream Unit Price
$29.99
$30.89
$31.82
$32.77
$33.75
$34.77
MXQ Lifewater Anti-Aging Cream Unit Price
$69.99
$72.09
$74.25
$76.48
$78.77
$81.14
MXQ Lifewater Revenue
$299,900.00
$401,566.10
$537,697.01
$719,976.29
$852,811.92
$1,010,155.72
MXQ Lifewater Roll-On Cream Revenue
$449,850.00
$602,349.15
$806,545.51
$1,079,964.44
$1,279,217.88
$1,515,233.58
MXQ Lifewater Anti-Aging Cream Revenue
$209,970.00
$281,149.83
$376,459.62
$504,079.43
$597,082.09
$707,243.74
Total
$959,720.00
$1,285,065.08
$1,720,702.14
$2,304,020.17
$2,729,111.89
$3,232,633.03
References
1. Aaker, D. 2003. The power of the branded differentiator. MIT Sloan Management Review (Fall): 83-87.
2. Adjei, M. T., C.…
References
1. Aaker, D. 2003. The power of the branded differentiator. MIT Sloan Management Review (Fall): 83-87.
2. Adjei, M. T., C. H. Noble and S. M. Noble. 2012. Enhancing relationships with customers through online brand communities. MIT Sloan Management Review (Summer): 22-24
3. Allen, R. W. 1966. Factors influencing market penetration. Management Science (September): 22-41
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