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University Work: Marketing Principles Presentation

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Presentation by Melinda Smith, Elia Leung and Zerah Gallardo. Vitalident Green Tea Toothpaste
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Page 1: University Work: Marketing Principles Presentation

Presentation by Melinda Smith, Elia Leung and Zerah Gallardo.

Vitalident Green Tea Toothpaste

Page 2: University Work: Marketing Principles Presentation

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

Page 3: University Work: Marketing Principles Presentation

The Company

“Respecting the World Around Us”

www.colgate.com.au

• multibrand-

Palmolive

• market leader

• broad range of

products

• trusted

Page 4: University Work: Marketing Principles Presentation

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

Page 5: University Work: Marketing Principles Presentation

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.

Page 6: University Work: Marketing Principles Presentation

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?

Page 7: University Work: Marketing Principles Presentation

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.

Page 8: University Work: Marketing Principles Presentation

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.

Page 9: University Work: Marketing Principles Presentation

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.

Page 10: University Work: Marketing Principles Presentation

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

Page 11: University Work: Marketing Principles Presentation

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!

Page 12: University Work: Marketing Principles Presentation

Positioning

A perfect balance

Nature Technology

• Natural ingredients

• Cleanses the system • Remineralisation

Page 13: University Work: Marketing Principles Presentation

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

Page 14: University Work: Marketing Principles Presentation

Cultural Trends

Demographics

Target Group = Generation Y

• technologically fluent

• more educated

• greater awareness of the environment

Advancing Technology

Sustainability

Page 15: University Work: Marketing Principles Presentation

Cultural Trends

Technology

• rapid pace

• constantly evolving

• rendering old technologies useless

Toothpaste Remineralisation

Page 16: University Work: Marketing Principles Presentation

Cultural Trends

Nature

• greater focus on the environment

• stronger focus on corporate social

responsibility

• more focus on sustainable measures

: “Respecting the World Around Us”

Page 17: University Work: Marketing Principles Presentation

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

Page 18: University Work: Marketing Principles Presentation

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

Page 19: University Work: Marketing Principles Presentation

Launch Strategy

Product Price

Distribution Promotion

Page 20: University Work: Marketing Principles Presentation

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

Page 21: University Work: Marketing Principles Presentation

The Product

Actual product

Product Map Augmented product

Page 22: University Work: Marketing Principles Presentation

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

Page 23: University Work: Marketing Principles Presentation

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

Page 24: University Work: Marketing Principles Presentation

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

Page 25: University Work: Marketing Principles Presentation

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

Page 26: University Work: Marketing Principles Presentation

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

Page 27: University Work: Marketing Principles Presentation

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


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