MARKETING PROJECT 2013. Product Conception Contains Argan Oil Provides moisture and soothes dry...
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Transcript of MARKETING PROJECT 2013. Product Conception Contains Argan Oil Provides moisture and soothes dry...
ARGANIX LUXURY LATHERFOR PETS
MARKETING PROJECT 2013
Product Conception
Contains Argan Oil Provides moisture and soothes dry pet
skin & coat Softer, manageable fur
First shampoo of its kind for pets
Arganix Luxury Lather
Domestic Marketing Strategy
Competitive Forces Economic Forces
Competitive advantage Contains argan oil Is currently the only pet
product with argan oil as key ingredient
Paul Mitchell Pets & Pet Head They are both popular US
brands for luxury pet shampoos
These brands do not have argan oil as ingredients
Increase in pet shampoo sales
$30-$500 spent yearly on pets
Domestic Marketing StrategyPolitical Forces
Legal & Regulatory Forces
The U.S and Morocco are top trading
Free trade partner Cosmetic vs.
Conception
Market is NOT tightly regulated
FDA guidelines
- Prohibits adulterated/ misbranded cosmetics
Domestic Marketing StrategyTechnological Forces Socio-cultural Forces
Advertising Promotion Sampling Facebook
Role of Appearance in our culture
Brand Loyalty
Impact of “public eye”
International Marketing Strategy
Competitive Forces Economic Forces
Jessy’s Animal World 52% of market share Distributes to targeted
businesses
Increase in disposable income
Growing population of domestic animals
Increase in the number of hypermarkets in the country
International Marketing StrategyPolitical Forces
Legal & Regulatory Forces
The U.S and Morocco are top trading
Free trade partner Cosmetic vs.
Conception
Argan tree is native to Morocco
Plan to Increase exports
But… Trees are now
endangered
International Marketing Strategy
Technological Forces Socio-cultural Forces
Facebook Promoting Coupons Samples
Role of Women in Argan industry
- Bright future
Pet Owners in Morocco
- Wealthy
- Protection
Research Survey
Sample Research Survey (sample)
1) Are you a male or female? •Male
•Female
2) What is your age?•18-35 years old•35-50 years old•50-65 years old•65+ years old
3) What is your current marital status?•Single•Married
4) What is your yearly income (on average)?•0-$20,000
•$20,000-$30,000•$30,00-$45,000•$45,000-$60,000
•$60,000+
Business Research Survey (sample)
1.) Are pet products popular in your store? Yes No 22) Would you use argan oil on your pet?Yes No
23) Do you use argan oil on your hair?YesNo
24) On a scale of 1-10 how much do you like using argan oil?
1 2 3 4 5 6 7 8 9 10 (circle one) 25) Would you use it as often on your pet?YesNo
S.W.O.T Analysis
STRENGTHS WEAKNESSES
Contains argan oil Not tightly regulated
Skepticism
OPPORTUNITIES THREATS
Expand our product line to conditioners, and fur care & maintenace
Growth to other countries
Build a distinctive brand
Few, because of lack of competitiors with same key ingredient
Marketing Strategies
Product Pricing
Arganix Luxury Lather for Pets
Argan oil based pet shampoo
Two sizes 8oz. & 10 oz. Recyclable packaging
Critical Component
Price Range: $10.00-$15.00
Morocco = Lower price
Marketing Strategies (cont)
Distribution Promotion
Concentrated Strategy
Morocco = Business Market
U.S = Consumer Market
Importance of Technology
Facebook Coupons Samples