Be Group Vietnam Marketing Strategy
Be Group Vietnam Marketing Strategy
CHAPTER 1: INTRODUCTION:.............................................................................................4
CHAPTER 2: CURRENT MARKETING SITUATION...........................................................4
CHAPTER 3: SWOT ANALYSIS.............................................................................................6
3.1. Strengths..........................................................................................................................6
3.2. Weaknesses......................................................................................................................7
3.3. Opportunity.....................................................................................................................7
3.4. Threats.............................................................................................................................7
CHAPTER 4: OBJECTIVES AND ISSUES.............................................................................8
4.1 Marketing goals of Be Group in Vietnam:.......................................................................8
4.2. Problems encountered in the Vietnamese market:..........................................................9
CHAPTER 5: MARKETING STRATEGY...............................................................................9
5.1. Segmentation:..................................................................................................................9
5.2. Targeting:.......................................................................................................................10
5.3. Differentiation:..............................................................................................................11
5.4. Positioning:....................................................................................................................11
CHAPTER 6: Marketing mix...................................................................................................13
6.1. Product..........................................................................................................................13
6.2. Price...............................................................................................................................13
6.3. Place..............................................................................................................................14
6.4. Promotion......................................................................................................................14
CHAPTER 7: ACTION PROGRAMS.....................................................................................15
CHAPTER 8: CONCLUSION.................................................................................................16
REFERENCES:........................................................................................................................16
CHAPTER 1: INTRODUCTION:
Be Group does not stop at traditional ride-hailing services but has developed into a
multi-service platform to maximally meet the needs of Vietnamese users. Be application
provides main services such as: Call a car (BeBike, beCar, beTaxi); Deliver food and goods
as requested and other services (Airline booking, loyalty program, beAds, potential for other
lifestyle services). Be Group's strength is its focus on user experience. They provide a
friendly, easy-to-use application interface, multi-language support (Vietnamese, English) and
flexible payment methods (cash, e-wallet). Be Group is also highly appreciated for its service
quality, professional driver team and competitive prices. However, there is still not much
detailed information about individual product performance (sales, prices, gross margins) of
Be Group. This can make it difficult to comprehensively assess the financial health and
operational efficiency of each service segment.
Be Group's main competitor is Grab, the "giant" that is dominating the ride-hailing
and on-demand delivery market in Southeast Asia. Grab owns a huge user base, an extensive
driver network and a diverse service ecosystem, including financial services. Grab is the
largest ride-hailing technology company in Southeast Asia. Grab is present in more than 8
countries and serves more than 230 million customers. Grab offers a variety of services such
as motorbike hailing, car hailing, food delivery, grocery shopping and bill payment. Grab has
advantages in scale and resources, and has invested heavily in marketing and advertising. In
addition, Be Group also faces competition from other Vietnamese companies such as Mai
Linh, Vinasun, FastGo... Each competitor has its own advantages, such as long-standing
brands, networks, dense partners or focused on specific market segments. To compete
effectively, Be Group can attract new users and retain existing users by offering competitive
prices compared to competitors, and implementing promotional programs, promotions,
discounts from time to time. And needs to continuously improve service quality, train
professional drivers, ensure customer safety and improve response time to bring the best
experience to users. Moreover, Be Group invests in technology to improve application
features, optimize driver search algorithms, develop convenient payment features and
integrate new services to attract a lot.
Be Group distributes its services through mobile applications and websites. The
company also partners with travel companies, hotels, and restaurants to extend its service
reach. Be Group's sales are growing robustly, with estimates suggesting that sales could
double in 2023. Additionally, Be Group is exploring new markets like Myanmar and
Cambodia and investing in emerging technologies such as self-driving cars and electric
vehicles. Therefore, the ride-hailing industry in Vietnam is growing strongly and Be Group is
well positioned to take advantage of this growth. Be has an advantage in price and provides a
variety of services. However, Be Group needs to improve operating efficiency, increase
investment in marketing and advertising and expand into new markets to be able to compete
with Grab and other competitors.
Facing competition from other businesses, Be targets the mid-range segment and
student customer base by meeting the 3 most suitable criteria: Cheap price, Easy to satisfy,
Easy to catch vouchers.
Besides, one of the fastest ways to reach that customer base is to quickly catch trends
and promote media content to Gen Z. Be group recognized that market and quickly
implemented the project. and received extremely viral results. Therefore, based on the
research, here are the showing of SWOT Analysis about this Be's project.
3.1. Strengths
3.1.1 Quick Access to the Social Media Market: The company, Be, possesses swift
and effective access to various social media platforms such as TikTok, Facebook, and video
advertising channels. This proficiency allows Be to enhance user attraction and interest
through innovative projects like Be Goi dau, Be Di bo, and Be Conan. Leveraging these
platforms strategically can significantly amplify brand visibility and engagement.
For example: We can see the advertising “Be conan, Be di bo, Be Doremon" but the
key words like “Grab conan, Gojek Doremon..” are no existed.
3.2. Weaknesses
3.2.1 Limited Promotion Duration and Quantity: The communication projects are
not promoted extensively in terms of quantity and time. This limitation leads to customer
dissatisfaction as many are unable to book the trips they desire, despite the significant
increase in revenue during these campaigns due to user willingness to pay for the
"experience".
3.2.2 Fictional Advertising: Projects such as Be airplane and Be boat, which stem
from Be Conan and Be Doremon, are primarily for fictional advertising or photoshop and not
based on reality. While these projects enhance Be's media presence, they do not contribute to
revenue growth like the more tangible projects such as Be Conan, Be Rabbit, and Be
Doremon.
3.2.3 Customer Disappointment: The gap between customer expectations and the
reality of availability creates potential dissatisfaction and regret among users who miss out on
the limited-time offers.
3.2.4 Non-Scalable Media Projects: The media projects focused on fictional or
photoshop-based content are not scalable in terms of generating consistent revenue, unlike
the experience-based campaigns which have a direct impact on sales.
3.3. Opportunity
3.3.2 Service expansion and development: Be can explore expanding its service
portfolio and developing new services to meet the diverse needs of customers. Increasing
unique and innovative services can help Be create a competitive advantage.
3.4. Threats
Conclusion: Be's strengths include quick access to social media markets and creative content
that attracts Gen Z. However, it faces weaknesses such as limited promotion duration and
reliance on fictional advertising that doesn't generate real revenue. There are significant
opportunities in market expansion and new trends, but Be must be wary of new competitors,
changes in social media algorithms, and new regulations. Optimizing strengths and
opportunities while managing weaknesses and threats is crucial for sustainable growth.
CHAPTER 4: OBJECTIVES AND ISSUES
4.1 Marketing goals of Be Group in Vietnam:
4.1.2 Increase market share: Be Group aims to become the leading mobility service
provider in Vietnam. To achieve this goal, they offer competitive prices, many incentives,
and good customer service. Be Group also expanded into new markets and launched new
services such as food delivery, freight transportation, and mobile payments.
4.1.3 Build customer loyalty: Be Group wants their customers to use their services
regularly and recommend their services to friends and family. To achieve this goal, they offer
a loyalty program and many incentives for regular customers. Be Group also focuses on
providing a good customer experience by improving their mobile app and customer service.
4.2.4. Consumer culture: Vietnamese consumers are often sensitive to price and may
choose to use the cheapest ride-hailing service instead of the best service. Be Group needs to
offer competitive prices while also ensuring that they provide high-quality services to attract
customers.
In today's fiercely competitive landscape across nearly every industry, businesses are
constantly striving to stand out and capture the attention of their target audience. Be uses a
core customer-centric marketing strategy, while creating value and building relationships
with target markets through effective segmentation, targeting, differentiation, and
positioning.
5.1. Segmentation:
For instance, Be's focus on students and young people, as evidenced by its lower
prices, which are about 20% lower than Grab, and its less strict policy. Unlike Grab, Be does
not have a policy of reporting the driver when picking up 5 minutes late, because students do
not require absolute punctuality like office workers and state employees do. By
understanding the unique preferences and behaviors of these segments, Be can effectively
tailor its marketing efforts to resonate with its target audience.
5.2. Targeting:
Market Potential: Young people represent a large and growing demographic with
high spending power. Targeting this segment allows Be to acquire a substantial
customer base with long-term loyalty potential.
Resource Efficiency: By focusing on a specific segment, Be can allocate its
resources more effectively, tailoring its marketing and product offerings to resonate
with young people.
Market Expansion: Be's diversification into various services like ride-hailing, e-
commerce, and fintech demonstrates a broader vision to cater to diverse customer
segments beyond students and young professionals. This expansion strategy allows
for future growth and market dominance.
5.3. Differentiation:
These are all new and shocking services when it comes to technology cars. People
only think of traditional vehicles as cars and motorbikes. These are not official services, but
these are Be's communication activities to reinforce its youthful, multi-service and unique
attributes.
5.4. Positioning:
A typical example is Be's collaboration with GSM, the Xanh SM Taxi service, which
was launched to receive countless compliments from customers and also garnered positive
signals in revenue. Here's how the Xanh SM Taxi service exemplifies this positioning:
Conclusion: Through its unique marketing campaigns, Be has partly affirmed its
position in the technology vehicle market. Figures from Statista show that Be is the most
frequently used application by Vietnamese people, with 23% market share in the second
quarter of 2023. Starting out as a "budget-friendly" brand, Be gradually transitioned towards
a Differentiation Focus strategy as it established a stable customer base. This involved adding
services, improving quality, and creating a distinctive brand image, all while remaining
attentive to customer feedback. Be has truly capitalized on its potential and has a clear
direction, not only in communication but also in thorough market research, aligning the
business's development direction.
6.2. Price
6.2.1 "Be"'s price is always maintained at a stable level, and customers know the
exact price to pay with the pricing strategy based on the distance traveled.
“Be” allows riders to pay with cash, credit cards, or through financial
applications. Right at the time of launch, the company affirmed that it did not
"increase prices" too high like some other brands. Be Group Company affirms
that it will not increase prices during peak hours or when it rains heavily
during this time. Just open the app and try calling a car at different times of the
day, including rush hour and off-hours (5 - 6 pm), you will see that the trip
prices do not change. The fares of beBike and beCar usually fall at an average
level between their two competitors, Grab and Go-Viet.
6.2.2 Be also has heavy discount codes for its users to stimulate them to switch to its
platform. Promotions and discount codes are the "powerful weapons" of this
brand, Be encourages you to travel more, cheaper and more conveniently. This
promotes customer usage behavior while also approaching them closely.
6.3. Place
6.3.1 Be's operating system possesses direct and indirect distribution forms. With a
smart phone and an Internet connection, you can use applications downloaded
from the App Store or Google Play. The clear interface, push-notification, and
flexible features make Be popular with many people.
6.3.2 In addition, it is not difficult to see drivers with eye-catching yellow and black
striped shirts everywhere. We can see that the coverage of Be is very large.
6.4. Promotion
6.4.1 One of Be's strengths is that its starting point is from Vietnam, so
understanding Vietnamese cultural values is what gives the company the
material to communicate to consumers. Be's Marketing strategy focuses on
Branding on social media platforms. The company has posted Posts on its
Fanpage to reach many people as well as create a quite high interaction rate.
With an extremely high trend-catching speed, the company has created truly
quality content that is remembered by the audience.
6.4.2 With a multi-channel strategy, the company also takes full advantage of social
networks such as Facebook Ads, and YouTube Ads,... to promote as well as
communicate and interact with customers. "Be" cleverly uses Visual
Marketing to engrave in customers' minds a very familiar black and yellow
bee brand. The Bee is a symbol of the company's name as well as the core
value of "Be" which is hard work. The brand identity is maintained
consistently in communication campaigns to conquer the psychology and level
of trust in customers.
Through all of the above, Be's marketing campaign has succeeded on all fronts—from
having a clear purpose targeting the Gen Z customer segment, to crafting a strategy to blanket
their brand recognition, and executing the campaign so that Be has become ingrained in the
minds of the younger generation through the attention garnered from media dissemination
without causing any discomfort to the marketing audience.
CHAPTER 8: CONCLUSION
REFERENCES:
1. Anh, M. (2023, September 20). TỪ “be thuyền” đến “be gội đầu”, đâu là chiến thuật
đằng sau cách làm marketing thu hút Triệu View Của be? CafeBiz. [Link]
be-thuyen-den-be-goi-dau-dau-la-chien-thuat-dang-sau-cach-lam-marketing-thu-hut-
[Link]