Teenagers, Hormones and Shaving Cream…Oh My! The Endocrine System.
shaving cream
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Transcript of shaving cream
Shaving Cream
Siddharth mathur
Pgp13056
Marketing Project
Problems associated with the current use of shaving products:
Itching Softness Antiseptic Oiliness Coolant Fragrance Facial glow
Market Research
Logo Design
Brand Name Smile On
Consumers that are concerned with both price and attributes of products
Young people(age group 22-34) College going students Middle earning people Look for frequent changes
5 C’s Analysis Customer
New Entrant Cosmetic product manufacturer Not very competent in terms of technology
and experience Goal : increase there customer base Low production cost Reasonable price Focused on customer needs
5 C’s Analysis Company
Gillette,Nivea,AXE,Dettol Competitors product is expensive They have well established customer base Variety of products for different segments
5 C’s Analysis Competitor
Suppliers of raw material In bound supply chain Distributor Retailer
5 C’s Analysis Collaborators
Political and regulatory environment Increases in income taxes Impact of technology on existing product Business cycles,inflation,interest rates,other
issues of economic nature
5 C’s Analysis Context
Segment One-> is most price sensitive and values additional features the least. This segment has one third of our sample size.
Segment Two-> is more influenced by attributes
of the products and is not a price sensitive segment.
Segment three-> is concerned about the attributes, additional features as well as price. This segment comprised of more than forty percent of the survey sample
Segmentation
Consumers who are concerned about the attributes and also price sensitive
Targeting
High quality and more effective Good value and moderately priced Target customer satisfaction Skin care benefit
Positioning
Product Slower hair regrowth No Itching and after shave lotion not required Flagrance Eye capturing Packaging Available in various sizes and forms Antiseptic Ingredients
Four P’s
Penetration Pricing Discounts on bundle purchase Unique benefits 33% percentage discount on varients
Pricing
Supermarkets Online through shop clues,Amway,modicare Small cosmetic stores Retail stores Mass merchandising
Place
Aqua(40%): Air trapping Stearic Acid(5%): Emollient and thickening agent Myristic Acid(10%) : Emulsifying Properties Coconut Acid(15%): Cleansing Agent Glycerine(10%): lather density and stability Tryethonolamine(5%):ph neutralisation Sodium and Potassium
hydroxides(10%):Saponification Parfum(5%):fragrance
Product Composition
Strong and sustained advertisement all through out
Massive influence, recall and salience –reminder advertising
Focus on brand values,innovation,cutting edge technology
Aim: To educate customer on product advancement and improved shaving performance
Promotion/Branding
Pamphlets to college students and corporate to make them aware about product
Mass advertising through social media like facebook,youtube,twitter and shopping portals
Television and FM radio advertising
Promotion/Branding
Cream Gel Foam
Forms
New in the top right corner to catch the eye of consumer
Focus on Aesthetics Tubes for creams and gel , metallic cylinder
for Foam should be designed in shapes of fruits like lemon etc depending on fragrance
Small pouches Logo wrapped across the bottle and on one
side for tubes Tag line “Smile is On” to be imprinted
Packaging
Retailer Wholesalers Supermarkets Door 2 Door Amway ,Modicare,Shopclues Mass Merchandising
Distribution Channel
What smileOn can do for you!!!!
Thank You