Date post: | 18-May-2015 |
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Presentation by Melinda Smith, Elia Leung and Zerah Gallardo.
Vitalident Green Tea Toothpaste
The Product
What is Green Tea?
A tasty refreshing drink
An ancient oriental drink
Pop-culture
Youth
Traditional perspective
Modern perspective
Antioxidants
Health and longevity
The Company
“Respecting the World Around Us”
www.colgate.com.au
• multibrand-
Palmolive
• market leader
• broad range of
products
• trusted
Segmentation
Geographically
• all Australian
states
• metropolitan and
suburban
Demographically
• 18-35 year olds
• students/office workers Psychographically
• health-conscious
• environmentally
aware
• active/ambitious
Behaviourally
• used daily
• ready to buy
Segmentation
Market segmented in this way because of:
• Existing perceptions of green tea
• Aligns with values/attitudes
Images associated with product:
• Young
• Healthy
• Innovative
• High-tech
Core group = health-conscious, positive-minded, aware of the environment around them and technologically savvy.
Consumer Survey
18-35 year olds
• predict possible response to product
• understand values, attitudes and beliefs
• gain an understanding of how to satisfy the consumer
Why Survey?
Survey Results
0
20
40
60
Poor Good Excellent
Quality Perception
• 77% trust and use Colgate
potential influence
• 55% rated their current toothpaste
as “good”
potential change
Toothpaste Brand
Colgate
MacleansSensodyne
1. 2.
Survey Results
When asked „what is the most important consideration when you buy toothpaste?‟
• 50% were concerned with its effectiveness and what it did
• 27% mentioned taste
less minty
3.
Survey Results
• 41% take health supplements
active interest in health
reflects attitude- want more, add quality
• 50% of the sample had no specific idea of any health
benefits of green tea
• 18% mentioned antioxidants
• 18% mentioned it makes you healthy
need and opportunity to educate
4.
5.
Target Group
•18-35 year old ambitious, environmentally and health
conscious males and females
Segmentation + Survey Results Target Group
• Values and attitudes of this group align with
those associated with green tea and the
product
Positioning
Full Health Cleanser
Health-boosting qualities of green tea extracts to rejuvenate the whole body and Kick-start your day!
Health, Energy, Kick-Start, Boost, Vitality!
Positioning
A perfect balance
Nature Technology
• Natural ingredients
• Cleanses the system • Remineralisation
Cultural Trends
1. Demographic
2. Technology
3. Nature
Environmental Awareness:
• allows us to evaluate current
market
• provides greater understanding
of target group
• helps us predict future trends
Cultural Trends
Demographics
Target Group = Generation Y
• technologically fluent
• more educated
• greater awareness of the environment
Advancing Technology
Sustainability
Cultural Trends
Technology
• rapid pace
• constantly evolving
• rendering old technologies useless
Toothpaste Remineralisation
Cultural Trends
Nature
• greater focus on the environment
• stronger focus on corporate social
responsibility
• more focus on sustainable measures
: “Respecting the World Around Us”
Competitors
Aim
Sensodyne
Rexona
Macleans
Protection- plaque and decay
Positioning
Protection- sensitive teeth
Cosmetic- white teeth
Cosmetic- fresh breath
Our task = to differentiate product from its competitors
One thing that is missing = Nature
Opportunity due to cultural context
Competitors
Vitalident
The product is designed to stand out in both the existing toothpaste market and amongst emerging trends.
Current toothpaste
market
Future toothpaste
market
Launch Strategy
Product Price
Distribution Promotion
The Product
Green Tea Extracts (GTE)- Contain antioxidants
• have been proven to treat body aches,
digestion and many other health conditions
• Recent research has also found it can be effective
in fighting mouth bacteria and increasing the body‟s
natural protective systems
Key ingredient of Vitalident
• can be swallowed as it is actually
good for you
The Product
Actual product
Product Map Augmented product
Price
• Premium product = premium price
• Market skimming approach
• Other toothpastes = $2.50 to $5
Vitalident = $5.20
Aim = to build images of quality and prestige; not to be viewed as a lowly priced discount product
Distribution
Position it simultaneously within:
• the existing toothpaste market
• the alternative natural health section
Location = across Australia, within Coles and Woolworths stores (in two sections), as well as independent health stores
Involves intensive distribution
• although not within discount stores, such as
Aldi
Promotion
Integrated Marketing Communications (IMC) methods are designed to fit in with lifestyles of target group, these include:
1. Sampling- “chewy bites”- similar properties and taste
• taste = important concern in surveys
• opportunity to test public opinion and
response- to be documented by
salesperson
Promotion
2. Competitions
• product and merchandise give-aways
• creates brand exposure
• builds up database for communication
• creates interest and importance as innovative
trend
• appeals to Generation Y
Promotion
3. Online website
• interactive videos and games
•„play-to-win‟ function
• engages and appeals to target group
4. In-Store
• glorifier- small stage that places it above other
products
• „necker‟- coupon attached to the neck
Conclusion
Health, Energy and Vitality.
A Full Health Cleanser to Kick-Start Your Day, Everyday.
IMC Goal = to reach the target audience with our message in a way that they will respond