SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

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MABD Assignment TASMAC Apr 15, 2010 SWOT Analysis and Formulation of Marketing Mix for Colgate Sensitive Vivekanandan M Presented by….. Date: Slide No: 1

Transcript of SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

Page 1: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Vivekanandan M

Presented by…..

Date: Slide No: 1

Page 2: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Introduction to FMCG Industry

Date: Slide No: 2

Introduction to SWOT Analysis and SWOT Analysis for Colgate Sensitive

Introduction to 4Ps and Formulation of Marketing Mix for Colgate

Sensitive

Conclusion

Page 3: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 3

Introduction to FMCG Industry

Fast moving consumer goods – sold quickly, relatively lower price

Example – Sugar, Chocolates, dairy products, soaps, cosmetics.

FMCG Industry in the 4th largest industry in India.

Market size of FMCG industry is Rs: 65000 Crore.

Leading brands in India – ITC, Nestle, Dabur, India, Marico

Industries.

Leading International brands in India – Hindustan Unilever, Procter &

Gamble Hygiene and Health Care, Colgate Palmolive.

Key brands in oral care – Colgate, Close-up, Promise, Babool, Anchor, Pepsodent, Vicco, Meswak, Dabur laal.

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 4

Introduction to SWOT Analysis

Planning tool used by marketing managers to organize the

information collected during situation analysis.

SWOT analysis provide direction for marketing plan.

PEST (Political, Economic, Social, Technology) analysis is a

strategic tool for understanding the market growth or decline.

PEST analysis is a major component of SWOT analysis

Page 5: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 5

PEST Analysis for Colgate Sensitive

Political Factor

Opportunity for Market growth for Colgate Sensitive

1. No excise duty for mfg plant in excise free zone

2. Indian Govt. focus on “inclusive growth” to boost rural economy

3. Decrease in income tax for individuals

Threats for market growth for Colgate Sensitive

1. Rising fuel price 2. 2% increase in excise duty 3. Hike in MAT (Minimum Alternate

Tax)

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 6

PEST Analysis for Colgate Sensitive

Economic Factor

Opportunity for Market growth for Colgate Sensitive

1. Rising income of rural population 2. Decrease in interest rate

Threats for market growth for Colgate Sensitive

1. Recession

Technological Factor

Opportunity for Market growth for Colgate Sensitive

-

Threats for market growth for Colgate Sensitive

1. Tablets and medicines for sensitive gums

2. Chewing sugarless gums

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 7

PEST Analysis for Colgate Sensitive

Social Factor

Opportunity for Market growth for Colgate Sensitive

1. Increased life expectancy 2. Population suffering from sensitive

gums 3. During pregnancy, women suffer

from sensitive gums 4. Retail stores reaching rural areas

Threats for market growth for Colgate Sensitive

Page 8: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 8

Positive Factor Negative Factors

Inte

rnal

F

acto

rs

Strength

Strong brand name in oral care

Good distribution network

Unique product – for people having sensitive gums

Dental care assurance

Dentists/Doctors endorsed

Small size

100% Vegetarian

Available in liquid form

Weakness

Children below 12 years can use only on doctor’s

recommendation

Not a natural product

Costly compared to other toothpastes

Ext

erna

l F

acto

rs

Opportunities

Untapped rural market

Aging population

Kids with bleeding gums

Patients suffering from bleeding gums

During pregnancy, women suffer from bleeding and

sensitive gums

Threats

Not approved by Indian Dental Association (IMA)

Target for competition, domestic brand and

international brand

Not available in all grocery stores

SWOT Analysis for Colgate Sensitive

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 9

Marketing Mix consists of set of controllable elements, which the

companies can blend to produce desired response from target market.

Formulation of Marketing mix involves analysis of all the controllable

elements.

Introduction to Marketing Mix

Product Price

Promotion

Place

Target market

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 10

Formulation of Marketing Mix for Colgate Sensitive

Product

1. Colgate sensitive has 3 wide product line – gel toothpaste, mouth

wash and tooth brush

2. Colgate Sensitive brand was introduced to address sensitive gum

problem.

3. Product is available in 3 size – 50g, 100g, 100ml.

4. Target customers are adults suffering from sensitive gums.

5. The benefit of Colgate Sensitive is – relief from sensitive gum within

2 weeks.

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 11

Formulation of Marketing Mix for Colgate Sensitive

Price

1. Colgate sensitive is a unique product and does not have

competition.

2. Price should be determined based on demand.

Place

1. Existing distribution network can be used for distributing the product.

2. Retail outlet, grocery shops, medical stores, Malls.

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 12

Formulation of Marketing Mix for Colgate Sensitive

Promotion

1. Free sample distribution

2. Dedicate internet homepage for Colgate sensitive toothpaste.

3. Advertisements in print media, TV

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MABD Assignment TASMAC

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SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 13

Product

1. Packaging – Tube and plastic bottle

2. Size – 50g, 100g, 100ml

Visible evidence of Marketing mix

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 14

Price

1. 50g pack = Rs: 35

2. 100g pack = Rs: 60

3. 100ml = Rs: 40

Visible evidence of Marketing mix

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 15

Promotion

1. Sales Promotion

http://www.colgatepromotions.co.in/colgate_sensitive/colgate_sensitive

_sampling.php 2. Advertisement – Website, medical stores, TV

http://www.colgate.co.in/app/ColgateSensitiveNew/IN/HomePage.cvsp

http://www.colgate.co.in/app/ColgateSensitiveNew/IN/Colgate-

Sensitive-Toothpaste.cvsp

3. Sales force – Retail stores, malls, grocery stores, medical stores

4. Public Relations

New product launch

http://www.colgate.co.in/app/Colgate/IN/Corp/PressRoom/Product.cvsp

?newsArticle=News_040209

Visible evidence of Marketing mix

Page 16: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 16

Visible evidence of Marketing mix

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MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Date: Slide No: 17

Conclusion – SWOT Analysis and Marketing mix formulation are

important stages in Marketing Planning Process.

Rajim and Vivekanandan

Customer Needs

Company Objective

Competitors

S

W

O

T

Pol i tical

Economical

Social

Technological

Segmentation &

Targeting

Differentiation &

Pos i tioning

Product Place

Price Promotion

Page 18: SWOT Analysis and formulation of Marketing Mix for Colgate sensitive PPT

MABD Assignment TASMAC

Apr 15, 2010

SWOT Analysis and Formulation of Marketing

Mix for Colgate Sensitive

Thank You!

Date: Slide No: 18 Rajim and Vivekanandan