Download pptx - A Product Relaunch Report

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Marketing is not an event, but a process . . . It has a beginning, a middle, but never an end, for it is a process. You improve it, perfect it, change it, even pause it.But you never stop it completely. MARKETING- Jay Conrad Levinson

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Strategic Marketing Management

Re-Launch of INSE-GUARD

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IntroductionThe presentation is about Re-launch of Inse-Guard a mosquito repellent lotion by PeriDot Products (Pvt.) Pakistan.We will Take you throughIntroduction of the company its products.Reasons for Failure of Inse-Guard.Re-launch.

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Introduction of PERIDOT PRODUCTS (PVT) LIMITEDCompany Name: PERIDOT PRODUCTS (PVT) LIMITED(Formerly: Sara Lee Kiwi Pakistan (Pvt) Limited)

Peridot Products (Pvt) Limited, is owned by Gulistan Group of Companies one of the biggest leading textile groupof Pakistan.

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Introduction of PERIDOT PRODUCTS (PVT) LIMITEDCOMPANYs LOCATION AND MANUFACTURING FACILITIESHead Office:Lakson Square, Building No. 3,Sarwar Shaheed Road, KarachiThird party Manufacturing FacilityBackup InnovatorsS.I.T.E. in Karachi

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MISSION STATEMENTPERIDOT PRODUCTSCreate critical mass by acquiring bigger slice of market shareof existing product range in a highly competitive market of Pakistan.

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Some products of PERIDOT

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INSE-GUARDMosquito Repellant

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INSE-GUARD Product Attributes

ProductINSE-GuardAppearanceClear LiquidFragranceFloral smell of solventShelf Life12 MonthsPackaging60 ml plastic flip top open bottleStorageRoom temperatureSafety & Health Inflammable liquid Safe on Human Skin Avoid contact with eyes

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Continuation / Discontinuation of INSE-GUARDBased on the following points, we can easily conclude that INSE-GUARD is a failure product:Unsalable product.Least or negligible off take.Stock still full in warehouse.Complains from customers regarding product. (size, cap)

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Reasons for product failureLack of Advertising techniquesATL ActivitiesLess frequency of TVCPrinted Adv just in Punjab paper (NAWA-E-WAQT)BTL ActivitiesJust POS promotion:Stickers / Posters, Mobile Hangers, Shelf talkers

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Press Advertisement

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Reasons for product failureWeak Organization structureCEOGM SUPPY CHAINGM MARKETINGGM FINANCEMarketing ManagerAsst. Marketing Manager

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BrandShare percentageSourceMOSPEL70%Abbott LaboratoriesOFF!10%S C JOHNSONMiscellaneous local & imported products20%Total100%

Reasons for product failureImprecise Positioning in marketNot sure about challenger or follower

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Reasons for product failureLack of consumer AwarenessNot much benefits for retailersIneffective monitoring of distributionDelayed Launch (November)Opportunity Lost (Dengue break through)

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TVC of INSE-GUARDAb Aaya Naya INSE-GUARD, Mosquito RepellentMachar Laakh Chahy par Kaat na paayeAAB MILI DENGUE OR MALARIA SE MUKAMMAL NIJAATDheemi Khushboo, Taiz Asar !INSE GUARD

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Re-LaunchINSE-GUARD

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SWOT AnalysisStrengthBrand name depicting its purpose.Additional Mildly Perfumed feature.The only Mildly Perfumed Mosquito Repellent available in market.Competitive Price.Positive balance between Image & Affordability to ensure its leading position in terms of Value for Money in the Low Segment.Attractive appearance with easy flip top open.

WeaknessesLower image ratings due to nil consumer awareness.Non availability of product Vs. competition.Weak and uncontrolled distributionLess A&P activities compared to competitors.Less product life on shelves.Packaging weaknessesBottle Size & TransparencyFlip top Malfunctioning

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SWOT AnalysisOpportunitiesIntroduction & Acceptance of new products under same brand range extension in household insecticides through proper marketing.Growing trend of share/ sales in household insecticides category.Increasing consumer awareness about diseases caused by mosquito.National TV campaign against DengueThreatsMyriad of local & imported brands available in market.Extensive A&P of Market LeaderBargaining power of distributers

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SWOT AnalysisSOAssociate the fragrance factor with safety from malaria and other disease to get the advantage of increased consumer awareness

WOIncrease A&P activities to increase brand recognition which will help in Building brand equity.

STFocus on trade relationship with distributors and retailers to support INSE-GUARD & build up communication for future plans.

StrengthWeaknessOpportunitiesThreatsWTMaximize market penetration by given trade discounts on bulk purchase to retailers.

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Marketing MixProductObjectivesNew improved packagingResize the bottle to accurate 60mlIssues with the flip top cap will be resolved at manufacturing end StrategyEnsure price maintenance as of competition.Achieve brand superiority over competition.Future PlansMore SKUs of INSE-GUARDPocket size bottle (30ml)Explore demand for product rangeWet tissuesCandlesLiquidator

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Marketing MixPriceObjectives:Penetrate market with a competitive price , lower than most competitors.

Brand Bottle Size Price Abbotts Mospel50 mlPKR 85/=Johnsons OFF!50 mlPKR 85/=Peridots Inse guard60 mlPKR 75/=

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Marketing Mix (Price) ContdStrategy:PENETRATION PRICING STRATEGYTo become a low cost provider in mosquito repellent category and at the same time maintaining the differentiation.Sustain price by utilizing less costly value chain activities.

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Marketing MixPlace/Distribution ObjectivesIncrease distribution of Inse-Guard Mosquito Repellent in urban/ rural areas of country with a major focus on urban areas of Pakistan.StrategyTrade/ Wholesale Promotions and Retailer Loyalty Programs to enhance trade recommendation and support.Special Promotions/ Trade Discounts for urban/ rural wholesalers to support distribution improvements.Future PlansSpecific budget will be planned separately for trade support to enhance and sustain distribution levels

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DISTRIBUTIONNETWORK

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Distribution of INSE-GUARD Mosquito Repellent lotionDistribution

EXPORTLOCAL

DISTRIBUTORSWHOLE SELLERSRETAILERS

Consumers

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Marketing MixPromotionObjectivesTo identify the correct target market.To effectively communicate Inse-Guard to target consumers. StrategyFrequency marketing strategy will be used to create a recognition for INSE-GUARD on all type of media.ATL ActivitiesFrequency of 10 sec TVC and RadioNew Tag lineColored Printed Adv in Jang and DawnBTL ActivitiesPOS promotion:Stickers / Posters, Mobile Hangers, Shelf talkers

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MACHAR BHAGAO KHUSHBOO LAGA KENew Tag Line

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Selected Media Channels

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THANK YOUTip: Customers buy for their reasons, not yours

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