INTERNSHIP REPORT Bao lam marketing company LTD

TABLES OF CONTENTS 1 LIST OF ABBREVIATIONS Bao Lam Bao Lam Marketing Company LIST OF TABLES AND CHARTS 3 INTRODUCTION Vietnam - a new dragon of the South East Asia is ascending to the enormous ocean to welcome the waves of investment from all over the world The country is also taking this opportunity to prove its potential development to the world wide friends In the context, along with the strong development of national economy, there are lots of marketing companies opened, and occupying important places in the national economy Founded in 2014, Bao Lam has attained remarkable achievement and rapidly possessing a solid position in marketing Bao Lam gathers creative, dynamic, ambitious and professional persons who study ceaselessly to enhance the specialism and knowledge; being facilitated to pursue the professional training courses to increasingly become more perfect persons Being recommended and allowed by English Department – Vietnam University of Commerce, I have gratefully experienced as an intern in Bao Lam Marketing Company After one month (from 02/01/2018 to 26/01/2018), under the valuable support and instruction of managers and staff in the company, I was able to apply the knowledge obtained at university into practice, meanwhile gathering basic information to complete the internship report I would like to express my gratitude towards teachers at English Department – Vietnam University of Commerce as well as managers and staff in Bao Lam have helped me a lot to fulfill the report Despite trying my best to fulfill this report, it must have some mistakes and I look forward to receiving comments and suggestions in order to perfect the paper Hanoi, January 10, 2018 Student Nguyen Thi Hong 4 PART OVERVIEW OF BAO LAM MARKETING COMPANY LTD 1.1 General introduction about Bao Lam Marketing Company Bao Lam was established in 2014 With over years of working and developing, Bao Lam has achieved stable steps and certain results in revenue Following are some basic information of the company Image 1.1 Logo of Bao Lam Marketing Company       Full name: Bao Lam Marketing Company LTD Trade name: BL Marketing.,Co Ltd Time of establishment: 21/05/2014 Business Type: Private business Representatives: Mr Ta Viet Tho Headquarter: No 2, 1/16/10 Alley, Thuy Linh street, Linh Nam Ward, Hoang Mai     district, Hanoi Tax Code: 0106549512 Tel: 094 388 88 78 Email : thotv@baolammarketing.vn Website: Baolammarketing.vn 1.1.1 Foundation History Bao Lam Marketing Company was founded by Mr.Ta Viet Tho, it is private company and now one of the top marketing companies in the Northern Vietnam in particular and Vietnam in general with quality and professional services in marketing Bao Lam was established in 2014, located in the development area of Hanoi, it is useful for engaging in transactions or businesses with partners The main activities of company are advertising services, events and trade promotion activities Besides, the Company also operates in other areas such as agent, brokerage, auction, wholesale food, road transport, restaurant and mobile catering services, market research and opinion poll Bao Lam has developed from a small business into a multinational company with a strong team of professional and exellent staff The company is committed to provide the best quality and proffessional services 1.1.2 Major business areas The company operates mainly on areas related to services such as promotion of advertising services, events and trade promotion activities: • Trade promotion activities: one of the main Bao Lam's operation Bao Lam helps partners introduce their products or services to comsumers through promotion activities Bao Lam always focuses on service quality so there are lots of companies choose Bao Lam is senior partner • Advertising services: is an important area of company, Bao Lam always meet the • needs of domestic and foreign customers Events: Bao Lam is always one of the prestige firm of customers With years of experience in this field, Bao Lam brings professional events in the North, and hundreds of successful events for customers Bao Lam always prioritizes the benefits that customers will achieve after each event, and all the way create beautiful image in the heart of each participant With the diversity of service types and qualities, the company’s service has confirmed its own position in the market and in customer’s mind, especially in the North market In the previous year, the company also planned to penetrate foreign markets 1.1.3 Organizational structure Director Deputy Director FinanceAccounting Department Human Resource Marketing Department Sales Department Diagram 1.1 : The diagram of organizational structure of Bao Lam Roles and functions of departments in the company: a Director Director is responsible for the entire operation of the company such as: • Building organizational structure, recruiting, managing personnel • Formulating and deploying plans of marketing, sales, customer care • Having responsibility to continue improvement in all aspects of the company in terms of product quality and operations through training and supervision b HR Management Department • Frequently inspect staff and timely supplement when necessary • Ensure training staff activities • Assure the payment responsibility for employees, solve problems related to human resources and regulations of the company c Organized labor Department • Give the General Director advice on personnel organization • Balance, recruit and train labors to meet demand as well as condition of company’s business operation, manage staff’s records d Finance – Accounting Department • Organize to account the entire production and business process, creating financial reports, monitoring the fluctuation of assets and asset formation sources • Perform the supervising function by cash on business and production activities of the company This is an important tool of economic management of the company • Give the company leaders advice on finance-account works Through materials import and export, gather costs to accounting reports timely and correctly e Marketing Department • Do Marketing research to find the truth implied by customers • Create the market profile and revenue forecast • Conduct a survey on behaviors of potential customers • Segment markets, target and position brand • Develop products, complete products with all of features that meet the market demand f • Sales Deparment Looking for the Sales Opportunities with the existing and new customers to sell products and services • Organization effective presentation to the customers regarding the requested product and service • Permanent contacts with the customers to know their needs and requirements • Identify the target budget for each year with following-up percent of the budget realization each quarter of year • Definition Business Opportunities with each customer to be considered in the target • budget or forecast list Development the rapports with all existing and new customers to know their future plan as well as co-ordination with Marketing Department to reach the strategic goals 1.2 Overview of Marketing Department The Marketing Department is the key to good marketing and sales It promotes and establishes a business in its niche, based on the products or services the business is offering It identifies the areas in which the product fits and where the business should focus its marketing strategy and, therefore, spend its budget for the maximum coverage and results The Marketing Department has operated since Bao Lam was founded is one of the strongest department of company The Marketing Department plays a vital role in promoting the business and mission of Bao Lam It serves as the face of company, coordinating and producing all materials representing the business It is the Marketing Department's job to reach out to prospects, customers, investors and the community, and create an overarching image that represents the company in a positive light The duties of Marketing staffs: - Research the products of the company and other competitors Research consumer demand for product lines Develop market for new product lines under assigned plan Support marketing activities by editing, formatting, and reporting information and - documents Develop advertising and public relations plans to achieve communication goals Identify market opportunities and gain a better understanding of customer needs Use computer database programs to organize and analyze data, which yields insights - on market segments as well as the individual buying habits Conduct competitive analysis to compare the company’s solutions to those of other providers Along with market research, competitive analysis helps form the basis of the company’s benefits messages All staffs of Marketing Department are graduated from universities at home and abroad Besides, there are also seasonal staffs working under short – term contracts Staffs of this department are young, almost all are at an average age of under 30 years old With a professional working style coupled with the youth and creativity, coming to Bao Lam in genaral and Bao Lam Marketing Department, customers always get the attentions and dedicated services, are attentive and satisfied with the quality of products and services of the company PART INTRODUCE THE INTERNSHIP PERIOD 2.1 Assigned tasks at Bao Lam After i was accepted as intern at Bao Lam Marketing Company, I was assigned to the position of marketing department Everyone there was so friendly and hospitable and all made me feel so welcome After an insightful introduction with each one here in the marketing department, being shown what they did, why they did it, and had a go at things myself, I was assigned my first task which was writing content for website and of course english articles and drafting emails for foreign partners I really enjoyed this aspect as I felt like I was actually contributing to the marketing team, doing work that was worthwhile and would be useful to them I also felt like I was learning things The following days, i was assigned to more tasks such as preparing the statements, typing reports, with staffs in Marketing Department making plans for some plans next month Through this first internship, I have done some work, despite of small work, they are really useful for a senior student like me The basic knowledge in the school was put into practice I had the opportunity to practice some subjects such as text editing, tranlation I have experienced and interesting things I have learnt, I am so grateful to of had this opportunity It has definitely helped me to understand what I would ideally like to focus my career towards after graduating from university, and has also highlighted what aspects of marketing I will want to focus on when it comes to finding work placement I am so glad that I decided to carry out work experience with Bao Lam, as the working environment has been great All of the staff here are extremely friendly and always willing to help me out, most importantly they made me feel like one of the team rather than just someone who is here for one month! A special appreciation also needs to be given to my line manager this week Mrs Song, who organised all of my work and tasks 2.2 Difficulties and lessons learnt at Bao Lam 2.2.1 Difficulties Due to the lack of practical knowledge, I faced few difficulties in the internship period: I did not know how to use office machines such as printers, photocopiers and fax machines The practice time was not much, so I did not have specific and deep knowledge about the work at the marketing department I felt the pressure to be an independent and self-sufficient staff There’s not enough work assigned to me The other part of going to work as a real staff made me feel confused in communication 2.2.2 Lessons learnt My internship at Bao Lam has taught me more than I could have imagined As the Marketing Intern, I feel my duties were diverse, and ever-changing I feel that i have learnt here are some of the most beneficial lessons 10 Coming into this position, I felt that I had no idea where my career was going and I lacked confidence about what I could and what I am really good at My internship has definitely given me a better understanding of my skill set and where my career may take me, but most importantly, I’ve come to learn that I am not alone I have always enjoyed writing, and always felt that I was pretty good at it What this position taught me is that I really didn’t have the writing skills I thought I had Every day i had to write articles for websites or with other staff preparing marketing reports or writing emails This position kept me writing something new everyday, and I can say that my writing has improved drastically This was my first position in an office atmosphere The environment here at experience is quite relaxed, it taught me how to behave in the workplace I was not very good at working with a group before, but when working here, I have been learnt teamwork skill and especially communicate skill I have known the way to work hard I have known way to manage my time carefully Now i have known how to write a concise email, answer a telephone, or shake a hand there is a professional way to everything Working in an office environment, I had the chance to observe how others operate whether it’s communication, behavior, or office etiquette PART EVALUATING THE ENGLISH USE IN COMPANY 3.1 Evaluating the English use in the company In recent years, Vietnam’s economy has strongly integrated into global one, causing increasing demands of high quality human resources that has not only a thorough understanding of specialized affairs but also good foreign languages and soft skills Nowadays, English plays an extremely important role in every enterprise It represents a key offering more opportunities to expand business scale, seek more 11 investors, partners and exploit new markets from which improve profitability and production efficiency English is known as the most common language in the world and plays an important role, however, using English effectively is becoming an obsession for Vietnamese enterprises in general and Bao Lam Marketing Company in particular when Vietnam is in the process of integration with the global trade Bao Lam Marketing Company usually uses English for marketing activities However, because marketing activities mainly focus on the domestic market, the use of English is still in the stage of emails and seaking foreign partners 3.1.1 Strengths Performing mainly in trade promotion and marketing sector, Bao Lam marketing company, in the past year, has started to seak and cooperate with some forgein partners Employees of the company are thus trained to negotiate, write emails, communicate and conduct transactions in English Currently, more than half of them are able to fluently communicate and write in English, making cooperation with foreign partners easier than ever Everyday the staff at company regularly support each other in learning English to improve and raise the level of English 3.1.2 Limitations The English proficient staffs of Bao Lam are mostly students from English Departments of different universities, whose working schedule is unstable They only appear in a short time and rarely present in the office This hinders a lot when there has sudden work related to English The English level among staff has been uneven, causing a big pressure on work which also causes many difficulties for work Almost office staffs are only able to read specialized English but effectively communicate and write in such language Many skilled staff pronounce some words wrongly Many English terms in the import-export business, transaction, contract negotiation are rather new to the staff who are not specialized in economics, they also face many difficulties in negotiating deals with partners or in drawing up the economic texts 12 These obstacles have many times caused company not to immediately response to foreign partners due to the lack of English proficient staff, resulting in decreasing the unit’s image in the eyes of international friends Waste time and money training no English skill staff at work 3.2 Solutions to improve the English use in the working environment In the near future, to improve negotiation and communication skills for staff, the company needs to cooperate with some English centers to design a program for them to learn English practically through daily typical work situations, supplement exactly pronunciation and reflection skills in communication In particular, writing email in transactions and reports at work is an important point, meet the actual needs of students They need to have some the rewarding policies on increasing the wages for employees who have the good qualifications and ability to use English well in the workplace This policy is aimed at motivating and encouraging employees to work and improve professional English Frequently create more opportunities for staffs from departments to interact directly with foreign clients in the trading activities in order to improve the reflectivity of English communication in general and English listening skill in particular from many different countries for employees Besides, the company should also establish a qualified and professional staff to participate in programs, projects and international forums CONCLUSION The key business target of Bao Lam Marketing Company is bringing high-quality services to customers Training managers and technical staffs who are competent, professional, dynamic, creative and highly adaptable is the key for Bao Lam to accomplish the goal of becoming a strong wine producer with adequate capital capabilities, human resources and technologies to diversify the business activities 13 During one month doing the internship as an marketing staff at Bao Lam, I possessed the a opportunity to apply the knowledge obtained at university into reality and learn more about styles, attitudes, methods of working, communication in business environment, generating valuable experiences that helps me give out the clear direction for my future career With my experiences obtained during the one-month internship and my knowledge background, I conducted this report in order to figure out some existing problems at the company I hope that it would contribute to the unit’s development in the upcoming time I would love to give my sincere thanks to all managers and staff at Bao Lam Marketing Company for assisting me to accomplish this report Hanoi, January 10, 2018 Student Nguyen Thi Hong 14 LIST OF REFERENCES http://www.thongtincongty.com/company/3f7ce448-cong-ty-tnhh-tiep-thi-bao-lam/ By communicate with staffs 15 ... OVERVIEW OF BAO LAM MARKETING COMPANY LTD 1.1 General introduction about Bao Lam Marketing Company Bao Lam was established in 2014 With over years of working and developing, Bao Lam has achieved... some basic information of the company Image 1.1 Logo of Bao Lam Marketing Company       Full name: Bao Lam Marketing Company LTD Trade name: BL Marketing. ,Co Ltd Time of establishment: 21/05/2014... : thotv@baolammarketing.vn Website: Baolammarketing.vn 1.1.1 Foundation History Bao Lam Marketing Company was founded by Mr.Ta Viet Tho, it is private company and now one of the top marketing