Question 1: Cottle-Taylor
A company’s marketing mix strategy is key to their success. Thorough analysis is needed to assure that product attributes, distribution strategy, communication strategy and pricing strategy are all in line with the company’s strategic goal. The following analysis is of Cottle-Taylor’s marketing mix strategy in India.
Product Attributes: Cottle-Taylor has three product categories in order to reach their three market segments: 1) Low-End Manual, 2) Mid-Range Manual, and 3) Battery-Operated. The manual toothbrush designs include “a variety of colors; all styles included rubber grips” (HBR 6). In the Low-End category Cottle-Taylor produced 5 different products with varying characteristics ranging from soft
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Communication Strategy: Cottle-Taylor had three key communication messages in India: 1) Persuading consumers to brush for the first time, 2) Increasing incidences of brushing, and 3) Persuading consumers to upgrade to Mid-Range or Premium Products (HBR 8). They allocated 12% of sales on the advertising budget, which broke down into 9% for advertisements and 3% for promotions. The main target demographics are men and women ages 20-35 in rural and urban areas that currently brush or don’t brush. It is important to build awareness and educate consumers on the benefits of tooth brushing and they did this through the use of TV, radio, billboards and prints ads.
Pricing Strategy: Cottle-Taylor prices their toothbrushes in respect to their target segments. The low-end brushes range from .22-.35 cents, the medium-end ranges from .52-.98 cents and the high-end ranges from $1-11. In terms of driving success in India, Cottle-Taylor’s strategy is strongest in the area of communication. They successfully positioned and communicated to customers that they are “an authority on oral care” (HBR 5) and consumers hold their products in high regard. Partnering with IDA has given their brand great credibility and helped them become an industry leader holding 47% of the oral care market share. As shown in Exhibit 5, Cottle-Taylor has experienced 53% growth in market share for
Also surveys were conducted of mouthwash user’s image of the major brands based on several attributes such as, reducing bad breath, killing germs, removing plaque and others. The results showed that Plax achieved a strong image on removing plaques and healthier teeth and gums, whereas scope scored a weaker image on those attributes.
Colgate-Palmolive Company (CP) launched a new toothbrush, Colgate Precision, to the market. But having developed for three years, CP was fiercely competing with other companies in the market. In order to have the power to fight in the highly competitive market with substantial product activity, Colgate-Palmolive Co. was in a problem of considering the how to position its new product--Precision, and to define the market strategy in terms of positioning, branding, and communication strategy. It provided some options with details to the reader, hence, for such purpose, this case would be a decision case, finding the optimum to segment the new product to the target and how it should be marketed.
When choosing a toothbrush, you should find one with soft bristles. Mmany people make the mistake of buying a toothbrush with hard bristles because they think it will do a better job of cleaning their teeth. All hard bristles really do is potentially damages your gums. The next thing you should look for is a toothbrush head that hits the contours of your mouth. It is important to have a toothbrush with a head that can reach every part of your mouth. If you have any further questions about what toothbrush to use, consult Dr. Ricciardi during an office
In addition, since thorough plaque removal from all surfaces of the teeth is required for optimal oral hygiene and oral health, and since the onset of periodontal disease occurs at the gingival margins and interproximally, plaque evaluations included assessments of whole mouth plaque reductions, as well as reductions from the harder to-reach gingival margin and approximal surfaces. Gingivitis reductions were evaluated using MGI, GBI, and the number of bleeding sites, and for all three measures the O-R power brush offered statistically significant benefits compared to the advanced sonic brush. Dental plaque is the single most important factor in the onset and presence of gingivitis. Therefore, the development of effective brush heads is important clinically and economically, as dental visits and healthcare costs are significantly reduced. Consistent with these results Side O-R power brushes have been extensively researched in more than 150 clinical studies compared to manual and power control brushes, with several systematic reviews confirming their benefits Bias did exist within this review as Oral-B is a subsidiary of Gillete which is owned by P&G. However this is still supported by the experimenter blind model of this
Crest, a toothpaste company, is known to be one of the world’s biggest dental hygiene businesses. They sell many products, including floss, toothpaste, toothbrushes, teeth whitening, and mouthwash. Their advertisements are in magazines, on television, and heard on the radio. The most common place one hears promotional Crest advertising is at your local dentist and orthodontist office. These Crest products may even be advertised in one’s own bathroom near the faucet. Crest’s main purpose of this advertisement is to lets its audience know the severity of oral hygiene. Crest’s uses efficient advertising to get its main message across by persuading its audience into buying its product by, explaining necessary precautions, targeting the appropriate audience, introducing credible information, playing on emotions, using strategic devices, and using creative weasel words.
That is why the toothbrush got really big in the 1700’s. The really big change from 1700 to 1800 is the price. Like I have stated, some brands charge more money from you because the toothbrushes are more advanced but some of the companies back then ripped you off. They would sell an ordinary or very old fashioned toothbrush for the same price of an advanced and better working toothbrush. The toothbrush was getting bigger because people realizing that they can clean their teeth better than back in the 1600’s and they were spending the most money because the people were thinking that the most costing and most expensive ones are the best brands and best
The end of the first year, we had 30% of the products left, in view of the traditional market accounted for 40.5% of the overall toothpaste market, we decided to increase three sales people into traditional sales channels in the next year. Due to the selling of whole market Economy toothpaste are great, we add advertising investment. At the same time, the poor sell of children's toothpaste prompted us to reduce 5 million budgets on its advertising fee. According to the results of marketing, and sales of other companies, appropriate to improve the economy, white, healthy toothpaste price and their allowance, try to stimulate the sales.
The buyers in this sector are individual households. People use toothpaste for their own personal use. “The customer power is magnified when the market has many sellers and fewer customers. The switching cost from one seller to another is another
The advertisement of the Colgate toothbrush shows the positivity of the toothbrush. The advertisement is on a red background. They have their product which is a blue and white tooth brush, slanted in the middle of the ad. The toothbrush appears have blue, white, and yellow on the stationary part of the brush. The brush of the tooth brush has a glorified glow behind it in white. The bottom left of the
The marketing mix is a combination of 4 P’s (product, price, place and promotion) that should be used in conjunction with each other to ensure a competitive edge over other companies. ‘The marketing mix is designed to produce mutually satisfying exchanges with a target market’.
Setting the right marketing mix for the product or service means that it including all of the important bases in marketing strategy. The marketing mix is generally established as the use and requirement of the 4P’s which is describing the strategic position of a product in the marketplace. One version of the beginning of the marketing mix starts in 1948 when James Culliton said that a marketing decision should be a result of something related to a methods and he described the marketing manager as a “mixer of ingredients”.
Could you identify any product systems in this product mix? Is the toothpaste considered a shopping, specialty or convenience product? At what conditions, could this product considered a business product? With respect to Scope, do you consider it a "star" or "cash cow"? Why? With respect to the product life cycle of scope, what is the current status of the product? What is your marketing advice at this particular product life cycle stage?
The 'marketing mix' is a set of controllable, tactical marketing tools that work together to achieve company's objectives. The marketing mix analysis is also called 4P analysis. This analysis contains a set of controllable strategic tools of marketing which work in simultaneously to attain the objectives of an organization. In this paper we will analysis two organizations with respect to their marketing mix. The companies that I have chosen for this task are Pepsi Co and Coca Cola.
Context: In 2009, India was the world’s largest democracy; with a population of 1.16billion growing at 1.4% per annum, the country suffered from a huge disparity in income with the majority of Indian population (78%) living in rural areas, and as many as 80% living under $2 per day. The 78% who lived in rural areas accounted for c. 64% of total expenditures in India. Around 50% of the Indian population did not have sufficient awareness of dental healthcare, and did not associate dental problems with improper care but rather to eating habits or genetics; most of these Indians were using natural remedies as chewing twigs from the Neem tree. Among the remaining population who used modern dental healthcare or a toothbrush, 77% brushed their teeth less than twice a day (recommended usage), and out of the 747.1million brushes sold every year, only 8.6% replaced their brush every 3 months. Cottle-Taylor (CT) enjoyed a large market share in India and focused on toothbrushes. Given the peculiarities of the market, CT decided to focus on toothbrushes where it enjoys larger gross margins by virtue of its existing manufacturing infrastructure that has been built over the years.
The report is about the market segmentation, targeting and positioning of the tooth paste industry in the local market of Mauritius. For a total population size of approximately 1, 2 million, toothpaste represents 80% of the market. This market is being shares which Colgate Palmolive which represents Colgate has 45% of the market share and the rest is being played among Aquafresh 20% and Blendax occupies 14% of the market share. 21 % of the toothpaste market shares are occupied by Signal, Close up, Casino and other make of toothpaste. Nowadays to be able to survive in this fierce competition world, firms need to satisfy the needs of its potential customers, hence keeping the existing and gaining new ones. For this to be