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ROADMAP TO SUCCESS: NICHE VS SIZE Quennielyn Cua

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Page 1: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

ROADMAP TO SUCCESS: NICHE VS SIZE Quennielyn Cua

Page 2: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Invincible Invisible Predictable Dynamic Confident Competitive

Page 3: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Invincible Invisible

Predictable Dynamic

Confident Competitive

SIZE NICHE

Page 4: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Everything started small

Page 5: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Then it GREW… SM Group of Companies today

RETAIL PROPERTY LEISURE BANKING

Page 6: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

3 main elements of Niche Marketing - Know your target market’s unique needs

- Speak their language

- Understand the competitive landscape

Page 7: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Case Study: Niche vs Size

VS

Page 8: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Case Study: Niche grows to Size

Page 9: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Case Study: Where Size Matters

VS

Page 10: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

PROs and CONs of a NICHE PLAYER

Less Competition

Higher Brand Loyalty

More Innovative, Resonating Products

Less Marketing Spend

Limited Market Potential

Page 11: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

Overcoming Growth Challenges

source: Richard Jaffe, Credit Suisse

Page 12: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain

5 lessons from David & Goliath

1. Be BIGGER than your Fears

2. SIZE doesn’t MATTER.

3. Make use of WHAT YOU ALREADY HAVE.

4. BELIEVE it’s POSSIBLE.

5. DON’T UNDERESTIMATE Yourself.

Page 13: ROADMAP TO SUCCESS: NICHE VS SIZE - TOAP · ROADMAP TO SUCCESS: NICHE VS SIZE ... Case Study: Niche grows to Size . Case Study: ... Jollibee buys out Sia from Mang Inasal chain