Trust
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Transcript of Trust
MARKET SCENARIO
90% OF THE POPULATION SUFFERS FROM VARIOUS TYPES OF DENTAL PROBLEM
MANY PEOPLE IN INDIA STILL CLEAN THEIR TEETH WITH TRADITIONAL PRODUCTS LIKE NEEM TWIG,SALT,ASH ,TOBACCO OR OTHER HERBAL INGREDIENTS
NEARLY 80% OF CONSUMERS SURVEYED ARE LOYAL TO THEIR BRANDS
60% OF CONSUMERS SURVEYED WERE WILLING TO TRY OUT A NEW BRAND IF IT OFFERS ADDED VALUE
AN AVERAGE OF 300 gms ARE CONSUMED BY EACH HOUSEHOLD EVERY MONTH
PER CAPITA TOOTHPASTE CONSUMPTION STANDS AT 40 gms against 600 gms in USA.
Industry size: Rs 25 billion Toothpaste can be considered as a solution to the need of oral care Types of toothpastes:
Whites
Gels
Herbals Players: MNC dominated market (Colgate, HLL) Market growth: 15-20%
THE TOOTHPASTE MARKET
3
BRANDS SEGMENTATION
BENEFITS
COLGATE ALL SEGMENTS
STRONG TEETH
PEPSODENT UPPER CLASS FIGHT GERMS
CLOSE-UP YOUTH FRESHNESS
VICCO HERBAL AYURVEDIC
BABOOL ECONOMICAL HERBAL/NEEM
MAJOR PLAYERS
PROMISE HERBAL SMELL- CLOVE OIL ESSENCE
Huge opportunities because of low per-capita consumption
Reaching the sub-urban consumers will be the key to growth
Consumer awareness is also necessary to increase toothpaste usage
STIMULUS TO ENTER THE MARKET
CLEAN TEETH
PREVENTION OF TOOTH DECAY
FRESH BREATH
PREVENTION OF PLAQUE, TARTAR AND OTHER DISEASES
IDENTIFYING CONSUMER IDENTIFYING CONSUMER NEEDSNEEDS
Active
Silica
Sorbital
Triclosan
Sodium Chloride
Zinc Citrate
Eugenol
Chlorohexidine
Clove oil
Inactive
Water
Detergent
Binding Agents
Preservatives
Abrasives for cleaning & polishing
KEY INGREDIENTS
TRUST TOOTHPASTE –“FULL PROTECTION WITH COOL FRESHNESS” HIGH QUALITY PRODUCTEFFECTIVELY REDUCES PLAQUE & TARTAR24X7 GUM CAREVALUE FOR MONEYSOOTHING TASTEATTRACTIVE COVER
POSITIONING STATEMENT
BRAND price (in Rs)
50 g 100g 150g 200g
TRUST 8 15 --- ---
Colgate 12 20 25.40 ---
Forhans 11 18.40 --- 32
CloseUp 12 22.40 31.40 ---
Promise --- --- --- 28
Vicco vajra
--- --- --- 31.20
babool 10 16 22 ---
PRICE COMPARISONPRICE COMPARISON
PRODUCT AND PRICE
4 P’S4 P’S
PLACE
-GENERAL STORES -DEPARTMENTAL STORES -GROCERY STORES -SUPER MARKETS
PRODUCT QUANTITY PRICE
TRUST NIGHT
50gms 8
100gms 15
TRUST REGULAR
50gms 8
100gms 15
SUB-URBAN & RURAL
WALL PAINTINGS
DEMO VANS
RADIO AND T.V
PAMPHLETS & POSTERS
DENTAL CAMPS
FREE SAMPLES
URBAN:-
MULTIMEDIA ADVERTISING
FREE SAMPLES
HOARDINGS
DISCOUNT OFFERS
CONTESTS
DIRECT MARKETING
HOUSEHOLD JOURNALS
PROMOTIONAL STRATEGIES
1.WHAT MARKETING STRATEGY SHOULD BE DESIGHNED BY MR.SARIN TO BE ABLE TO ACHIEVE THE TAGETED 5% MARKET SHARE?
2. HOW SHOULD DEEPA PRODUCTS (P) Ltd. POSITION TRUST REGULAR AND TRUST NIGHT TO INDUCE CONSUMERS TO BUY IT?WHAT SHOULD BE THE KEY BENEFITS OF THE TOOTH PASTE?