The brand techniques simulation is based on a cosmetic company that is expanding a new brand. The company that the brand technique based on is Ca 'Shara. Ca 'Shara develops and markets products for skin care, hair care, and makeup. Ca 'Shara has a long history of being an establish brand and is known for its quality products. Based in Cincinnati Ca 'Shara is ranked third best in regards to revenue. As the company expands as a whole with a rise in popularity; management has decided to extend its range of products that would include a five thousand-year-old holistic health care system that originated from India. This health care service is called Ayurveda.
Ayurveda consists of healing a body naturally and has gain popularity with in recent years. As Ca 'Shara expands, the range will be marketed nationally but only after testing it in select the regions. Before management can start they would need to be able to decide on brand positioning, select the brand elements, as well as create the appropriate brand association for its products. In the simulation, you are giving the task of building the brand of cosmetics and are given three advisers to aid in decision making. The three advisers consists of Tina Totter, Head of Sales, Monique Knight, Brand Consultant and Jim Reding, County Manager. The simulation then requests that you to create a market report for a targeted market, market profiles, market shares psychographic profiles, customer survey reports and customer views.
Neutrogena products in the United Kingdom should support their campaign on the usage of anti-aging products, and this should let them change their design on the product’s package to meet the demands from their consumers. As time goes on the demand from the consumers change and so do their competitors. This means that the personal selling should have in place a way of getting data from wholesalers, consumers, and the retailers. This makes the personal selling a connection of agents that can make their way around every avenue as soon as the original market develops into a success.
In order to collect useful data, a research about the brand was made, including its place in the market in comparison to other brands. By this, identifying a competitor brand, analyzing it’s marketing mix and SWOT analysis in order to help develop the research’s own. This procedure was a guidance to find the identical ideas, strengths and differences between the two brands, allowing the brand in research’s marketing mix to improve and hopefully become dominant in the market. By preforming a research about the USDA and their certified brands and the whole organic/natural cosmetic products market, will be an approach to the marketing mix with a more stable and predetermined target. Throughout two interviews that were held, another portion of favorable information could be obtained, both interviews provided precise and factual details about two different cosmetics brands, as well as some advice on how to identify the features and other relevant business factors. One of
To assist you with the marketing audit, Rose gave you a copy of the marketing plan and provided the following research data for you to use in your report:
Brand as defined by Richard Thomas is the concept involving a name, symbol, or other identifier used to identify a seller’s goods and/or services and differentiate them from similar goods and/or services offered by competitors (Thomas 265). With the continuous growing competition amongst healthcare in today’s society, many healthcare services have turned to branding, creating a brand for a company, service, or product, in strategic that aim at establishing themselves as the brand leader in healthcare. Located throughout the region of New Jersey and Eastern Pennsylvania there are several healthcare agencies fighting for this spot but there is one that stick out amongst the rest, Capital Health. With two main hospitals and several primary care clinics located throughout the region, Capital Health has established themselves as the leading healthcare agency by effortlessly exemplifying factors that in my opinion, classify them through brand leadership. But what dictates these factors? In the following paragraphs, I will work to provide my found knowledge on brand leadership, discussing the key criteria that have established Capital Health as a brand leader, while justifying my selection of the institution’s classification as the brand leader.
• Be the preferred company to meet the health and personal grooming needs of target consumers with safe, efficacious, natural solutions by synthesising deep knowledge of ayurveda and herbs with modern science.
Over time, the consumer’s choice of products and the need to buy has changed and this is dictated largely by local culture and the working conditions. Since different countries have different climates, it means XYZ has to manufacture products that are suited to the different climates and other environmental conditions. While the main objective of XYZ beauty Product Company is to satisfy its consumers, it is obligated to respond to the various needs of women across the globe that use its products. The fact that XYZ Company has diversified its product portfolio to include fashion, jewellery and clothing means that the company must create products that meet the desires of people with particular ethnic background and class (Kotler & Keller, 2012).
For an effective marketing plan, a SWOT Analysis is done to help the company in understanding the market. Along with it, 4Ps of marketing are also discussed in this plan to have a better understanding of the cosmetic market in the country. Customers need to be educated regarding the products that are being offered by the company and why they are better than other similar products in the market therefore; the company will organize seminars across the city and distribute free samples to the customers. All the products will be made using natural processes and no harmful
In an increasingly complex industry and market place, Australian cosmetics manufacturers thrive by going green. Mother Nature Health Products Australia is one relevant example in this sense, yet it is a small size company, competing on niche markets. The company could benefit from an increase in its product palette, and the specific recommendation formulated in this sense is that of developing a new sunscreen lotion, with 100 per cent natural ingredients, and added red raspberry seed oil. To ensure the success of the new item, the company would have to develop a sustainable marketing campaign.
The consulting division combines with world class skills of more than 600 staffs who directly deals with the market professionals every day. It give in-depth details of each needs and choices. This truly unique features give the business partners to work smarter and grow faster. It creates clear-cut views and impacts through research based consultancy.
In 1990, Procter & Gamble ( P & G) faced some difficulties in selling their products globally. This is due the inability to produce new products and response to the consumer’s changing needs. The company’s products in market sold less than expected sales and getting reduced for several years. Most of the products are unnoticed by customers. The company practice dictated a multibrand strategy. P & G offer a new brand for every product in each category. This method looks like working well in laundry detergents and other categories but not at all. Moreover, new designation of product would bring higher operating costs and need more investment in order to develop new products. So, the company just retain the old product because of uncertainty about users and premium priced line of product. For example, Pampers just retain in the market with old designation for over two decades. Unfortunately, P & G calculation totally out of box which bring adverse effect to
With an ultramodern “marketing technique” to a targeted audience, our brand recognition has the capability of being largely profound amongst many diverse customer bases.
The focus will be on the relationships between face care products and a variable such as, Age, Income group, face types and trends. Simultaneously, we would also like to find out if Palmer’s current marketing strategy – its Cocoa Butter Formula appeals to the purchase decisions of our target market. Below is an example of 2 such questions
Surprisingly, females and males are becoming a strong candidate for skin care products. Therefore, the Indian manufacturers are developing family care brands. They are also producing male and female brands separately. Nonetheless, the male segment of the market is not so big now. It is, just 8% of the 10 billion dollars Indian market of personal care.
Ayurveda (‘Life Science’) is a traditional form of medical treatment which is 5000 years old and based on natural ingredients. It is very popular in India and exists alongside conventional medicine. According to Euromonitor (2005), the demand for high quality products based on pure ingredients free from chemicals and preservatives is growing. The opportunity is to provide Ayurveda Products such as Health Supplements and Skin Cosmetics via the Direct Selling Model to end consumers.
This cover letter is regarding my online assignment 2 about Dabur Chyawanprash product (healthcare product of India) marketing related challenges. As we all know Dabur is the first branded Chyawanprash in India and its constantly voted as the power brand of the country. It is consider as the best remedy for cough and cold for a majority of Indian households. Even being the most popular brand it still face marketing challenges in this competitive world.