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1. About Us2. Director Profiles3. Director Message4. Executive Summary5. Current Marketing Situation6. Key Specification /Special Features7. Primary Competitive Advantages8. Research Needs & Trends9. Objectives & Issues10.Our Impacts11.Other Impacts12.Marketing Environment
Micro Environment Macro Environment
13.SWOT Analysis14.PORTER Analysis15.BCG Matrix16.AIOD Frame Work17.Perceptual Maps18.ANSOFF19.Vals Frame Work20.Financial Report21.Marketing Mix Strategies:
Product Price Place Physical evidence Process People Promotion
22.Contact Us
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About Us:
Ideal group of companies which have different business like textile &
detergent. The property of group is own by itself and in the detergent industry we
have 100 employees in different departmental projects. Main edge of the group is itsown production house.
Directors profile:
UFWRUPDcom an is in the rocess ofnsionin all out effortske art in ra id economic develo ment of the coun
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Executive Summary: -
Our Purpose is to make a surf for which people believe .The goal of our businessis to give reliable washing at suitable price.
Current Marketing Situation: -
Target MarketMultan
Product ReviewOur product name is SPELL (Wonders never cease)
Review of CompetitorsWith respect to market share our main competitors are:
o Surf Excelo Arielo Bonus
Review of distributionWe have our own transportation system for distribution
Key Specifications/Special Features:
o Reduces strong staino Protects colors from mixingo Phosphate-freeo Lasting and attractive fragranceo Soften fabricso Anti-bacterialo Easily dissolved even in cold water
Primary Competitive Advantages:
o "Green" Product
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o Experienced Technical Staffo Guarantee/Warrantyo Packagingo Priceo Product Features ( Shine with Lenvender oil )o
Product Performanceo Prompt Deliveryo Quality Approvalso Reputation & Service
Research , need and trends
Survey for the project of home consuming accessories
Product : Laundry detergent
Name _________ Age _______
Profession ________ Gender_______
1. What is your monthly income?a) 1000-5000 b) 5000-10000 c ) 1000 or more
2. Do you currently use any "Laundry Detergent"?a) Yes b) No
3. What form of detergent do you most commonly use?a) Liquid Detergent b) powder Detergent c) tabs
4. Which product do you use as detergent?a) surf excel b) Ariel
c) Bright total d) wheele) Bonus f) ____________
5. Why you use the specific detergent?___________________________________________________________
______________________________________________________________
6. how much percentage of your washing use culfing the cloths?
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a) 15 % or less b) 15-50 %
c )75- or more %
7. Approximately how many loads of laundry do you do per Month?a) 2-less b) 3-4
c)5 or more
8. Do u use washing machine for washing of cloths ?a) yes b) no
9. Do you use warm water for washing of cloths ?a)yes b) no
10.Assuming someone else would do your laundry for you and do it well,would you be:
a)glad b)sadc)dont know
11.How often do you purchase laundry detergent?a) Every week b) Every two weeksc) Monthly
12.Where do you normally purchase your laundry detergent?a) Department Store b) Grocery Storec) Other
13.What is the deciding factor when purchasing laundry detergent?a) Price b) Size
c) Color Enhancement
14.How much do you spend on one item of laundry detergent?a) Rs 10-15 b)Rs 15-40 c) Rs 40&up
15.Does the appearance of the packaging that the laundry detergent
comes in have anything to do with your choice of purchase?
a) yes b)no
16. Do discounts of other laundry detergents change your choice when
buying?
a) Yes, if another product is cheaper, I'd buy it b) No, I buy the same detergent each tim
17.What is important features you want in your detergent ?
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a)culf b) shine
c)smell (fragrance) d)dont harm skine) b, c & d
Any comment or suggestion :
_____________________________________________________________________________________________________________________________________________________________________________________________________________
Thank you for taking the time to complete this survey. Select Submit Survey now
to send your responses to us.
Statistical analysis:
Product preference chart;
Name of Product NO. OF PEOPLE PERCENTSurf excel 35 35 %
Ariel 15 15 %
Bright total 10 10 %
Wheel 11 11 %
Bonus 21 21 %
Other 08 08 %
----------- -----------
TOTAL 100 100%
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Income level chart;
Income
level
No.of
people
percent
1000-5000
5000-10000
10000 or
more
Total
18
47
35
------
100
18 %
47 %
35 %
---------
100 %
Combination of income with product;
NO OF PEOPLE USED
INCOME
LEVEL
Ariel Wheel Sirf Excel Bonus Bright Total other T
1000-5000
5000-10000
10000or More
TOTAL
01 05 08 ----- 03 01 1
09 04 24 04 --- 06 4
05 02 03 17 07 01 3
------ ------ ------ ----- ---- ----- --
15 11 35 21 10 08
Average selection of each detergent at income level (1000-5000):
Percentage Of Ariel = 01 /18 *100 = 5%
Percentage Of SURF EXCEL = 08 /18 *100 = 45%
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8/46= 1 *1 =2=1 *1 = T= 1 *1 = T= 1 1 *1 =P r n l i n fA i= 4 *1 == 24 4 *1= 4 4 *1 =2= 4 4 *1 =2=4 *1 = T= 4 *1 =A r l i n fA i= *1 == *1 == 2 *1 =
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percentage Of BONUS = 17 /35*100 = 47%
percentage Of BRIGHT TOTAL = 07/35*100 = 20%
percentage Of OTHERS = 01/35*100 = 2%
Line bar;
0 10 20 30 40 50
1000-5000
5000-10000
10000ormore
surf excel
ariel
bright total
wheel
bonus
other
Price analyzing chart;
Price of product No. of
people
Percent
10-15
15-40
40 or above
TOTAL
43
22
25
-------
100
43%
22%
25%
----------
100%
Analyzing of cuffing in clothes;
CULFING NO.OF PEOPLE USED
PERCENT
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15%ORLESS
15-50%
75% Or More
TOTAL
67 67%
22 22%
11 11%
------ -------100 100%
Preference in the products feature;
People
Preference
NO.OF PEOPLE PERCENT
CULF
SHINE
SMELL
Dont Harm
Skin
All
TOTAL
04 4%100 32%
100 14%100 22%
26 26%---------- -----------
100 100%
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PIE CHART;
4%
33%
14%22%
27%
CULFSHINE
SMELL
DONT HARM SKIN
ALL
conclusion;
After conducting the survey we are now at a conclusion that; the market which we target the need of customers is such a
detergent which include shine and which dont harm skin andwhich is also available at low price.
So with respect to our customer need we are now in a position todevelop such a detergent which fulfill our customer demand.
All other specification is given below.
Research needs:After a successful survey, preferences shown by the people about laundry detergent are
as follows More shine Low price Good quality we set our product specification according to customer needs
Trends:We choose the powder detergent because it is trendy and have more demand in our
selected market segment as compared to the liquid detergent, washing soap etc
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Objectives & Issues: -
ObjectivesOur objectives are to get 10% market share. By providing a unique
product at low price. Our challenge is to raise our brands status and activelyexpand our operations.
Company Perspectives1. PurposeOur purpose in Ideal is to meet the everyday needs of people--
everywhere--to anticipate the aspirations of our consumers and customers and to
respond creatively and competitively with branded products and services whichraise the quality of life.
2.Deep roots in culture
Our deep roots in local cultures and markets around the world are our unparalleled
inheritance and the foundation for our future growth. We will bring our wealth ofknowledge and international expertise to the service of local consumers--a truly multi-
local multinational.
Our long term success requires a total commitment to exceptional standards of
performance and productivity, to working together effectively and to a willingness to
embrace new ideas and learn continuously.
We believe that to succeed requires the highest standards of corporate behavior
towards our employees, consumers and the societies and world in which we live.
Our impacts
Our business and brands have impacts at every stage of their life-cycle: from sourcingraw materials for our products, all the way through to when our consumers use and
dispose of them.
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Understanding consumer needs
We seek to meet the everyday needs for Washing and personal care of consumers around
the world, helping them feel good, look good and get more out of life.
The social, economic and environmental issues we seek to address:
Making quality products that are safe to use Making products affordable and accessible to consumers (through multiple price
points)
Understanding the environmental constraints within which consumers use ourproducts, such as water scarcity.
Innovation, R&D
Through our investment in research and development, we aim to meet diverse and
changing consumer needs in all our markets.
The social, economic and environmental issues we seek to address:
Maximizing the quality of our products Minimizing the adverse environmental impacts of our products Working collaboratively and sharing knowledge with partners around the world,
including universities.
Suppliers
Through our purchase of goods and services, we create wealth and seek to encourage
sustainability practices throughout our supply chain. As part of this, our long-term goal is
to source all our key raw materials from sustainable sources.
The social, economic and environmental issues we seek to address:
Ensuring fair working conditions in the supply chain and respect for human rights Ensuring suppliers meet minimum standards on health, safety and environmental
protection
Fostering good sustainability practices in the sourcing of raw materials.Marketing, consumption & disposal
We communicate responsibly with our consumers through our advertising and marketing.
We seek to minimize the impacts of our products during and after consumer use.
The social, economic and environmental issues we seek to address:
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Taking a responsible approach to marketing and advertising Helping consumers make healthier choices in their Washing Working to ensure consumer confidence in chemicals used in home and personal
care products
Helping consumers to minimize their environmental impacts, eg by using lesswater for laundry, and to dispose of our products responsibly.
Distribution & retail
Our aim is to be the supplier of choice for our customers and to ensure that consumers
have ready access to our products through different distribution channels.
The social, economic and environmental Strategies we seek to address:
Working in partnership with retailers and distributors to educate and informconsumers on health and sustainability issues
Reducing energy consumption and greenhouse gas emissions resulting fromdistribution of our products
Ensuring accessibility of our products, especially for low-income consumers Using and promoting environmentally friendly technology.
Production/manufacturing
We seek to manage the impacts of our operations on society and the environment.
The social, economic and environmental strategies we seek to address:
Ensuring the health and safety of employees at work Respecting employees' fundamental rights and encouraging personal development Investing in local communities and contributing to local economic development Maximizing the eco-efficiency of manufacturing sites by reducing impacts such
as waste, water, energy use and greenhouse gas emissions.
Marketing Strategy: -
We are using marketing concept instead of selling concept because we are new inthis market we still have no share so we
Start with multan market Focus on consumer need as by giving quality shine at suit able price By combining different market places in multan Then get profits through customer satisfaction
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Other strategies :
Creating strong networks
This is our main strategy in which we create strong networks
within the companies depts and also with the suppliers and distributors. we
are using different types of media for these networks
Telephone /mobiles Fax Internet By courier
Creating Strong Product Displays
At the same time, we will use a sales support system to win even greater
trust from the major chains that we do business with, by refining our ability topropose marketing plans and shelving allocation plans tailored to individual retail
chains.
Secure potential for growth
new
.
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Marketing environment:
Micro environment:
Consumers Employees Suppliers Competitors
Customers
We survive on the basis of meeting the needs, wants and providing benefits for ourcustomers. Failure to do so will result in a failed business strategy
Our customer lie in a target market consists of middle class and lower middle class
persons.
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Employees:
Employing the correct staff and keeping these staff motivated is an essential part of the
strategic planning process of our organization.
Suppliers
Increase in raw material prices will have a knock on affect on the marketing mix
strategy. Closer supplier relationships is one way of ensuring competitive and qualityproducts for an organization
Competitors:
What benefit can the organization offer which is better then their competitors? our lowprice and good quality is our competitive advantage. Our rivals are,
Surf excel Arial Wheel Bonus
Macro environment Political factors Socio-cultural factors Technological factors Economic factors
Political factorsPolitical factors that effect our industry are:
Risk of military invasion Trade regulations and tariffs anti-trust laws Pricing regulations Tax rates and incentives Industrial safety regulation
Socio-cultural factorsThe factors influenced our industry are: Demographics Class structure Education Culture Attitude
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Economical factorsThe factors influenced our industry are:
Efficiency of labor market Unemployment rate Inflation rate
Interests rate Growth rate of economy Skill level of workforceInternal environment Money Men Machinery Material Minutes
SWOT Analysis
Internal factors:
Strengths:
Strengths of spell are as follows: Its price is very low as compared to the surf excel, bonus, wheel , Ariel etc It contain the extra shine chemical that is only used in some foreign detergents Its quality is superb as the surf excel, ariel are.These advantages made us stand for our competitors
Weakness
Weaknesses of spell are as follows:
Low brand popularity Low market growth
External factors:
Opportunities:
We look externally for areas where our competitors are not fully covering, then goa step further and think
How to match these to our internal strengths.
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Due to sudden change in our economy, where the prices for the products raises.our product cover the market including the lower middle class, which cant afford
the surf excel or Ariel etc
Threats:
By looking both inside and outside of our company for things that could damage our
business, the threats are as follows: Competitors become more stronger as they cover our target market
Porter model
The threat of new entrants :
The threat of new entry is quite high:
If anyone looks as if were making a sustained profit, new competitors can come intothe market easily, reducing our profits. We have a great threat of entrance, the threat is
that if our competitors make a group, the function of which is to lower the price to create
hurdles in our success. Then its difficult for us to capture our target market.
The threat of established rivals
The second one is the threat of competitive rivals, that is extremely high in the market
because a larger number of competitors of spell are exist in the market thats are;
surf excel
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arial wheel bonus
if someone raises the prices, they will be quickly undercut. So, intense competition
puts strong downward pressure on the prices.
The threat of substitute products :
As concern to us ,a threat of substitutes exists when a product's demand is affected by
the price change of a substitute product. A product'sprice elasticityof demand is affected
by substitute products - as more substitutes become available, the demand becomes more
elastic since customers have more alternatives. some are Soap Liquid detergent Washing noodles
From our above substitutes we may have obvious threat because if our products prices
goes high more then substitutes prices then our customers will move towards them and
its a great draw back to sustain in the market.
The bargaining power of Buyers
The bargaining power of Buyers
The bargaining power of buyers are high if there is more no. of suppliersand less no. of buyers present in the market. this become the case in our
scenario because there are no. of suppliers in the market and there are few
buyers to which every supplier targeted. so bargaining power of buyers are
high.
Bargaining power of Suppliers :
A producing industry requires raw materials - labor, components, and other supplies. This
requirement leads to buyer-supplier relationships between the industry and the firms that
provide it the raw materials used to create products. In our case , Suppliers are powerful,
can exert an influence on our industry, such as selling raw materials at a high price tocapture some of the industry's profits. e.g. charge excessively high prices for unique
resources.
http://www.quickmba.com/econ/micro/elas/ped.shtmlhttp://www.quickmba.com/econ/micro/elas/ped.shtmlhttp://www.quickmba.com/econ/micro/elas/ped.shtmlhttp://www.quickmba.com/econ/micro/elas/ped.shtml8/3/2019 utf-8''Spell
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Ariel:
Attributes Assignedweights
Weighted index Market share
PriceShine
Packing
Fragrance
Quality
24
3
3
4
.25
.20
.25
.15
.15
.50
.80
.75
.45
.60
=3.1
=3.1/4.2=.73%
Spell:
Attributes Assigned
weights
Weighted index Market share
Price
Shine
Packing
FragranceQuality
5
4
2
23
.25
.20
.25
.15
.15
1.25
.80
.50
.50
.45
=3.45=3.45/4.2
=.82%
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BCG Matrix:
1 0.5 0
Spell lies in the cash cow section because Cash cows are cash generators and require aninvest or hold strategy while maximizing cash flow.
AIOD framework:Activities:
Our product spell covered the routine life activities of the human life. itincludes in the daily life accessories
Interest:People want to use the detergents which do not harm their skin, remove the stains
of grease, corrosion, and oil. Make shine to their clothes. Have a delighted fragrance.
Opinions:We made the survey about the opinions of the customers, and then customized
our product according to the customer needs and wants.
SURF
EXCEL
Bonus
SPELL
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Demographic:Our target market is firstly limited up to Multan..
Perceptual map
Detergents: Surf excel Bonus Ariel spell
Attributes: (1-6)
Attributes Surf excel Ariel Bonus spell
PriceShine
Fragrance
Packaging
56
5
5
55
4
5
45
2
3
35
3
3
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ANSOFF :
EXISTING PRODUCT NEW PRODUCT
EXISTING
MARKET
NEW MARKET
Our product(SPELL)exist in market expansion strategy. our product is new but
market is existing market i.e Multan. Our products specialty is it enhances the shine ascompare to other products.
TYPES OF CONSUMER BUYING BEHAVIOUR:
HIGH INVOLVEMENT LOW INVOLVEMENT
SIGNIFICANT
DIFFERENCES
AMONG BRANDS
FEW DIFFERENCES
AMONG BRANDS
Our product(SPELL)exists in habitual buying behavior. Because
consumer dont bear more cost and think low.
MARKETPENETRATION
PRODUCT EXPENSION
(SPELL)
MARKET EXPENSION DIVERSIFICATION
COMPLEX IMPULSE
LIMITED HABITUAL
SPELL
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Income statement:
Spell pvt.ltd.company multan
For the month of March, 2008
Income statement
Description Amount
Net Revenue 3550000
(-) package cost 2736000
Gross Profit 814000
Expenses 80000Salaries:
Director administration (LAST MONTH) 25000
Director Accounts & finance 25000
Director manufacturer 25000
Director purchase & marketing 25000
Computer operator(6000*2) 12000
Customer service 6000
Sweeper 4000*2 8000
Sale Persons 5000*20 100000
Net profit before tax 508000
Tax rate 15%
Net Profit 431800
Revenue:
Package 1 (8*50000) = 400000
Package 2 (15*60000) = 900000
Package 3 (25*90000) = 2250000
Total 3550000
Package cost incurred:
Package 1 279000
Package 2 702000
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Package 3 1755000
Total 2736000
Balance sheet of the company:
Balance sheet
For the month of March, 2008
CR DR
Particular Amount Particular Amount
Capital 1,000,0000 Assets:
General reserve 100,0000 Fixed Assets:
Liabilities Building 2500,000Account payable 10,00,000 Transportation 500,000
Taxation 136800 Machine 200,0000
Office Equipment 210,0000
profit 442170 Current:
Inventory 22,78,000
Account receivable 5,00,970
Cash 200,0000
investment 700,000
Total 1,25,78,970 Total 1,25,78,970
Break even point analysis
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Marketing mix strategies
1. PRODUCT
With respect to us we have a product named spell. It is a detergent for effectivewashing of clothes.
Level of product & services:
Core benefit:The basic purpose of our product is washing the cloths.
Actual product: Brand name
Ideal
PackagingPackaging specification:1. 75g2. 150g3. 250g
Features1. Low price2. Shine with lavender oil
Augmented level:
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We provide an additional service of toll free number for customers to
attain any information which they required.
Product & service classification:
Consumer product:In the category of consumer product our product lie in convenience product
Because of following reasons:
Low price Customer required low thinking or planning.
Industrial product:In industrial product category our product lies in supplies & services because
some of the dry cleaning & other cloth washing shops use our product as their business.
Product & service decisions:
Individual product & services decisions: Attributes:
Product quality:We make different tests for our quality classification. after getting
the tests we reached at following results: Dont harm skin. Environmental friendly. Clouse protection
Product features: Low price Shine with lavender oil Attracting packaging
Product style & design:Style: our product has a beautiful style we use colorful packaging.
Design: it is simple to use.
Branding:Name (ideal)
Packaging: Our detergent is packed in primary container. For shipping purpose we use 50 packs container.
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Labeling:For the identification of our product we are answering for the following questions:
Who made it ? (ideal)
Where it is made?Manufacturing unit is in MULTAN.
Contents: Soda Lavender oil Niel Boren
How it is used?1. Add 1 spoon to water for one suit.2. Mix the detergent in water.3. Soak the dress in the water4. Leave it for 15 minutes.5. Wash it with cold water.
Then afterwards seer our spell
Graphics:We have a beautiful graphics of our product.
Product line:Still we have only one product but as we are taking profits than we stretch our product
line by adding some more products line Neil.
Brand development: Strategies:
Still we dont have any strategy but as we introduce new product than we lie in thequadrant of brand extension.
2. PRICE
Amount of money charged for a product OR sums of the values that consumers
exchange for the benefits of having or using the product and services
Factors affecting pricing decision:
Internal External
Internal factors affecting pricing decision:
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The pricing decision can be affected by factors that are
controlled by the marketing organization. These factors include:
Marketing Objectives:
The four main marketing objectives affecting priceinclude:
Survival (return on investment) Current profit maximization (cash flows) Market share leadership (market share Product quality leadership (maximize profit)
Marketing objectives of spell:
Current profit maximization:
Spell is new product, so the organizational objectives allow a new product to simply meet
its expenses while efforts are made to establish the product in the market.We set prices at a level that will insure that sales revenue will at least cover product
production and marketing costs.
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(Raw Material)
(All the amounts are in Rupees)
Soda 2000kg 30000
Black Oil (eucaluptus oil) 300Lts 20000
White Oil (lavender oil) 500Lts 50000
Caustic (NAOH) 50kg 1000
Calcium Carbide (CaC2) 1kg 500
Chlorine 10 liter 1500
Borax 10kg 5000
Total108000
Initial ExpensesLiterature Survey 20000
Recruitment / Training 40000
(Four Employee) Advance
Salary
40000
Total= 100000
AssetsBuilding 2500000
Packing Machine 100000
2nd
hand Van 500000
Total=3100000
Running ExpensesUtility Expenses 30000
Petty Cash (Monthly) 6000
P.O.L 20000
Web Site 5000
Promotions & Ads 60000
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Total= 121000
Total Capital =100,000,00
Total = 3321000
Remaining Capital = 6679000
Per unit Cost:
Total cost 224000
Total Weight 2871
Per kg cost 224000/2871 = 78 / KG
Per gram cost 78 / 1000 = 0.078
Specification 75 g pack 150 g pack 250 g packCost / pack 5.58 11.7 19.5
Sale tax 0.87 1.75 2.9
Total with tax 6.7 13.45 22.43Whole seller &
retailer margin
0.5 0.65 1.07
Profit / pack 0.8 0.9 1.5
Total market
price8 15 25
Organizational consideration:
Pricing decision is taken by the management.
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External Market Factors
The pricing decision can be affected by factors that are not directly controlled by the
marketing organization. These factors include
Market and demand:
Four type of markets:
Pure competition Monopolistic competition Oligopolistic competition Pure monopoly
Spell market and demand:
Spell comes under monopolistic competition,because there are many buyers and sellers who trade over a range of prices rather than a
single market price. In this segment there is lot of competitors so we set different offers
of price for the customer.
Elasticity of Demand
Elasticity deals with three types of demand scenarios: Elastic Demand Inelastic Demand Unitary Demand
Spell market elasticity:
Spell is considered to exist in a market that exhibitselastic demand when a certain percentage change in price results in a larger and oppositepercentage change in demand. For example, if the price of a product increases
(decreases) by 10%, the demand for the product is likely to decline (rise) by greater than
10%.
Customer Expectations:Before setting our price we conduct customer research to determine what price pointsare acceptable. Pricing beyond these price points could discourage customers from
purchasing.
Competitive and Related Products
Competitors of spell are
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Surf Excel Ariel Bonus
We set our price keeping in view of the pricing strategy of our competitors.
Government Regulation
Price regulations can come from any level of government and varywidely in their requirements. For instance, in some industries,government regulation may set price (how high price may be set)while in other industries there may be price (how low price may beset). Additional areas of potential regulation include: deceptivepricing, price discrimination, predatory pricing and price fixing.
Strategies:
PENETRATION STRATEGY:
SPELL is the laundry detergent having high quality and low price, so penetration pricingstrategy is followed.
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3.Distribution/Place:
Market Channels:
Deciding best channel is not a problem, problem is to combinegood intermediaries. As we have good intermediaries and we branch out from them. As
we start our product in a small target market we have wholesaler and retailers .
MAJOR DISTRIBUTION CHANNELS:
Producer consumer:
We have a scheme to move our product carrier in different areas
of multan for sale and advertising our product
ProducerRetailer Consumer:
We have different retailers in different areas of Multan.which distribute our product to the final consumer.
Producer Wholesaler Retailer Consumer:
We have wholesaler in following areas of Multan.For main city at gurhmandi
For cannt at Daira Adda
For Mumtas Abad at vehari roadFor chok Shah Abbas ay Galla mandi
For New Multan at chok Kumharan
For Gulgusht at Bosan road
For Lodhi colony at MDA
Producer Agent Retailer Consumer:
We start to make agents which basically the sale force which market our product to
retailer and wholesaler
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CHANNEL DESIGN DECISION
Analyzing consumer need:Our consumer want the product near their location so wedesign our market channel as basically retailer which place the product near the consumer
location.
Channel objects:Object is to lower the distribution cost.
Our objective is influenced by
Nature of company:Basically we start a company with a partnership and its a privatecompany .
TYPES OF INTERMEDIARIES:
Company sale force:We have a good strength of sale agents
Marketing intermediaries:We lie in the INTENSIVE distribution means we want to stock our product as many
outlets as possible.
Responsibility of channel intermediaries:
As we have different channel members as retailer and wholesaler. We give them benefits such as for wholesaler we give big margin as compare
to retailers.
SPELL provides to wholesaler and retailers Responsive delivery Gifts such as clocks and calendar Promotional support
IN return they give: Greater sales
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Customer satisfaction Increasing company goodwillEVALUATING ALTERNATIVES:
Economies:We compare cost to sale, profit and expense
Control:We give specific area control to wholesaler for distribution
to retailer and our other wholesaler dont interfere in that area.
RETAILERS:
DEPARTMENTAL STORES:We stock our product to Departmental .stores like
Sultan sons
RangeFood festival
SUPER MARKETS:We stock at CSD at cannt.
CONVINENCE STORE:Like Mudassir general store, ideal store, trend.
SUPER STORES:Prince, Hassan arcade, MOHAMMAD arcade
4. Physical evidence
For our product we have different types of physical evidences which are given below,
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BUILDING
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5. PROCESS
We have different intermediaries through which we can manage to deliver our product to
the final customer that are
Producer consumer ProducerRetailer Consumer Producer Wholesaler Retailer Consumer Producer Agent Retailer Consumer
6. People
As we are doing marketing strategy for customer retain we are also using human resourcetechniques for employees retention. For this we give them some allowances and benefits
so that they can feel secure and work with full devotion.
7. Promotion
Market channels Advertisement Sale person Personal selling and direct marketing Public relation
Before discussing these first of all we have to decide the total budget of the promotion.
Setting the total promotion budget:
There are few methods for promotion budget
For spell we are using Affordable method because we set thatbudgeting level which we can afford.
Other methods are,
Percentage of sale method
Competitive parity methodObjective and task method
Promotion mix strategies:
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There are basically two strategies
Push Pull
We are using push strategy because we are using the sale force and trade promotion topush the product through channels.
Market channels :
1. AdvertisementTypes use by spell
Print mediaIt include logo, packing, broachers.
Our logo
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Packaging
Radio ads2. Sale promotion
There are different tools which we are using in our sale promotion.
Sample:We are giving about 1000 free samples in our target market. which cost
us 6500 govt tax included.
Cash refund offer:
If there is any distortion in the cloths due to our product than werefund the cash.
Context:As we are moving in different areas where we sell the product to
the customers and also give them a coupon which is used in the lucky
draw by which we are giving gifts to the customers.
3. Public relation:For long lasting relations with the customers we are using different toolsas,
News Speeches Special events (Ramadan) Website
4. Personal selling :The role of selling person;
Order taker
We have such a sale force which take the order from different ways,e.g by going to retailers, whole sellers and agents.
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Product delivery sale person
We have 10 sale delivery person who just make the delivery to
different channels.
Missionary sellingWe use some of our sale force as to in crease the good will of our
company, which go for customer education at there destination.
Sale force management:
Steps in sale force management:
1. Sale force structureAs our company selling a single product, we are using territorial sale of
structure.
Outside sale force
We use our sale force to promote our product in the surrounding of
multan as in duniapur, jahania etc etc.
2. Recruiting and selecting sale peopleWe have a recruitment process in which we first collect applications and
then take a interview about their selling experience according to our
requirements.
3. Training sale person:After appointment we trained them by telling the history and objective ofcompanies product and target market. and also give information about the
users, competitors, field procedures and there responsibilities.
4. Compensating sale person;We compensate them by giving a fixed amount of 5000 per month along
with some fringe benefits and allowances like medical pension and life
insurance.
5. Supervising sale people:We supervise our sale force by helping them in identifying their target ofselling. if they complete their target before the projected time then they
will be provided with extra benefits,
We motivate them by,
Praising their work Listing there complaints Solving their problems.
6. Evaluating sale people:
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We evaluate our sale people by quantitative evaluation, which include the
sale report and the expense report which they submit to the company
office.
Contact us:
Ab-123xxx Vehari Road Multan 60000 Pakistan.
Telephones:
0345-7224662
0333-6184488
0333-6289724
Website:
www.ideal.com/spell.