DIGITAL TRANSFORMATION
STRATEGY FOR MARKETING
ACTIVITIES OF PNJ
PROJECT 6
STUDENT: HOANG MINH THUY
CLASS: 17BA
TABLE OF CONTENTS
COMPANY OVERVIEW
01
03
SOLUTION AND DIGITAL
TRANSFORMATION PLAN
THE ENVIRONMENT AND THE
FACTORS AFFECTING THE DIGITAL
TRANSFORMATION ANALYSIS
02
04
CONCLUSIONS
01 COMPANY OVERVIEW
01
PHU NHUAN JEWELRY JOINT
STOCK COMPANY
INTRODUCTION
Established on 28th April 1988 at Phu Nhuan
YOUR LOGO
District.
VISION & MISSION
- Holding position No. 1 in the middle and high-end
segments in Vietnam.
- Bring pride to customers with exquisite jewelry
products, outstanding quality, with the core value.
MAIN BUSINESS LINES
JEWELLERY
jewelry business with gold, silver,
gemstone, corporate gifts, fashion
accessories, souvenirs, watches.
GOLD PIECES
buying and selling gold
pieces.
INSPECTION SERVICES
Diamond, gemstone,
precious metals.
GOALS
LONG TERM
PNJ's goal is to convert the number of
marketing activities aimed at
increasing the consumer experience
SHORT TERM
with technology, increasing purchase
conversion rates, expanding customer
files, increasing revenue. From there,
stay in the trend of using technology in
the value chain, competing against the
same industry rivals.
Online sales density
increases 10%-20% within
the next 5 years with
digital technology
platform.
THE ENVIRONMENT
AND THE FACTORS
AFFECTING THE
DIGITAL
TRANSFORMATION
ANALYSIS
02
SWOT ANALYSIS
STRENGTHS
WEAKNESSES
-High level of technology and technical skills in jewellery field.
Financial activity has not been significantly profitable although
-Has a strong IT department.
the investment capital occupies high density in assets, so the
- Had experience in the forefront of digital transformation in
leader lacks the boldness of investment in digital
enterprises thanks to ERP implementation projects.
transformation technology as a long process.
OPPORTUNITIES
-
S
W
T
O
THREATS
Modern equipment and technology diversify models, boost
- Compete aggressively with domestic and foreign
competition with foreign businesses.
businesses.
The growing population and young structure.
- There are many alternative products from other
competitors approaching with more diverse methods and
models.
02
PESTEL ANALYSIS
ECONOMY
SOCIETY
Economic growth means that the most developed information technology
The consuming luxury goods trend of global Millenials is
infrastructure is in the E-Business platform increases.
changing behavior.
TECHNOLOGY
POLICITY & LAW
- With the latest ERP system (SAP 4HANA).
The National Assembly passed the Law on Electronic
- Vietnam is in the top 20 countries with the number of Internet users.
Transactions to help PNJ conveniently build forms of
remote card payment instead of traditional payment upon
ENVIROMENT
The population of the workforce increases rapidly and the consumption
market is expanding.
delivery (COD), causing many product losses.
SOLUTION AND DIGITAL
TRANSFORMATION PLAN
03
Value chain analysis
Solution
Plan
VALUE CHAIN ANALYSIS
Primary activities
Main raw materials include gold,
Design Department specializes in
silver, diamond, gemstones ...
creating new jewelry and
imported from domestic and foreign
accessories following the current
sources.
fashion.
Manufactured with modern
machinery with skilled craftsmen
highly creative.
General storage in Ho Chi Minh
Implementation of a wide retail
City, Can Tho, Da Nang and Hanoi
model with promotions with the goal
with strict security due to high-
of increasing 10%-20% of online
value, small size.
revenue
Infrastructure: 3,500 m2 ground including
6 floors with more than 1,000 workers.
Each year the factory provides 4 million
products.
Build a platform data framework, Dashboard and associated
models for groups in terms of sales management, customer
management, supply-production.
Support activities
The team of more than 1,000 jeweler, skilled artisans and rich creativity, are
capable of creating extremely sophisticated products.
SOLUTION
Your jewelry
Next
STRATEGIC SELECTION
Target: Proportion of online sales
CHECK FIT
decreases 10% - 20% of sales in the
next 5 years.
TECHNOLOGY SOLUTION
The PNJ application of AR Technology
=> DIFFERENTIATION STRATEGY
integrated with the available
applications on phones supporting
IOS operating systems.
FUNCTIONS
This application is produced by
-
Bespoke, INC.
ADVICED
integrate AR scan onto hands, neck, ankles, ears, ...
to try out jewelry samples with augmented reality
FAVOURITE
images on screen.
Frame
Material
Charm
Adjust
READ
MORE
Customers can choose the jewelry model, color,
design suitably and proceed to order, pay directly on
the App interface.
MOST USED SOCIAL
TARGET CUSTOMER
PROFILE
MEDIA
Age: 22-40 years
Gender: Female & Male
Location: Big city in Viet Nam
Income: High income
WHAT THEY’RE LOOKING FOR
PURCHASING BEHAVIOR
FASHION
FASHIONABLE
TRENDY
BEAUTY
LUXURY
PARTY
STRATEGY
STEP 3
Creating content marketing software
and products.
STEP 1
STEP 5
Writing software (APP PNJ has
Optimizing measurement,
integrated AR support on IOS
monitoring and adjusting
operating systems)
STEP 2
STEP 4
Testing and launching
Paid advertisement
software
LANDING PAGE
Building a landing page to market new
technology to customers.
C ++ LANGUAGE
TOOLS
Bespoke is going to write
App.
PAID ADVERTISEMENT
Facebook ads, Google ads, poster
saler.
ADVANTAGES
DISADVANTAGES
- Help customers experience the most realistic
products without going to the store.
-
It finds difficult to apply for some customers who do not
- Easy to use with just a smartphone.
use technology.
- Reduce marketing costs for our in-store offline
- Only available for IOS operating systems.
advisory team.
- Minimize purchase time, payment.
- Make the purchase conversion rate higher.
4. CONCLUSIONS
For the change of digital technology and industrial revolution 4.0, businesses must
always have strategies to keep up with new steps, reform old processes that are no
longer appropriate, speed up the progress in the value chain. Maintaining its leading
position in the industry and reach out to more open markets when the opportunity
arises. PNJ has made full use of existing competitive advantages and resources,
anticipating the wave of integration, digitizing business activities, and handling the
weaknesses and failures of the previous digital transformation to maintain outstanding
growth.
THANKS FOR YOUR LISTENING
INSTRUCTOR
STUDENT
CLASS
MA. DAO THI THU HUONG
HOANG MINH THUY
17BA