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Introduction
Who is LORD ?
• LORD is cordially upholding a wide flexible spectrum of products for both sex
including traditional double edge, single, twin, and triple blades systems,
cartridges and disposables, and shaving focused cosmetics.
• LORD possesses a marketing acumen that along with the strictly adhered quality
assurance processes can be considered as the driving force behind the
international recognition for its full range of products.
• LORD is producing under its registered brands, as well as fulfilling the need of a
considerable number of the world class retailers on a tailor-made basis, using
the best raw materials, acquired from A-class manufacturers.
• LORD is exporting its range of products to more than 75 countries, due to the
interaction of the previous factors over 75 years of track record, and to Egypt's
geographical location at the crossroads of the African and the Asian continents.
• LORD furnishes its products at competitive rates, along with its outstanding
expertise and responsiveness without trading off between the price and the
quality, and in parallel to sustaining the delivery punctuality
Research problem and Importance
1. What is the brand recall of Lord’s razors brands and their existing image in the
consumer’s mind, especially class A?
2. Should LORD introduce new products targeting class A consumers?
Literature Review
Branding as a concept has been around for many years now. Brands help identify and
differentiate the goods and services of one organization from those of another. From a
customer’s point of view, brands simplify shopping, aid in the processing of information
about products, and make them feel confident of their purchase decision. Managers
have also become aware of the fact that the brand has become an important company
asset, and focus is needed on the creation of brand equity.
Brand identity is a unique set of brand associations that the brand strategist aspires to
create or maintain. These associations represent what the brand stands for and imply a
promise to customers from the organization members.
A brand identity provides direction, purpose and meaning for the brand. It is central to
a brand’s strategic vision and the driver of one of the four principal dimensions of brand
equity:
Aspects of Brand
• BRAND IMAGE
• BRAND IDENTITY
• BRAND POSITION
The part of the brand identity and value proposition to be actively communicated
to a target audience
1. Brand as product
2. Brand as organization
3. Brand as person
4. Brand as symbol
Brand as Product
• Product Scope
• Product Attributes
• Quality/value
• Uses
• Users
• Country of Origin
Brand as Organization
• innovation,
• consumer concern
• trustworthiness
• genuine,
• energetic,
• rugged
• friend,
• adviser,
Brand as symbol
• Brand heritage
Research Methodology
Secondary Research
The collection of data related to the usage of lord products was necessary
due to the severe competition in the market with the competitors like Gillete
and Bic.
People main concerns was that lord is a low class product which has quality
products and can cause injuries while shaving, this was due a major quality
problem four years ago in lord’s products, however the product has a very
good reputation in the country side and with the C class users
Customer Concerns about lord are respectively high due to the nature of the
brand image about lord which is concentrated as Lord lower class shaving
solution, however the product now is of a very high quality and very good
price, also the product is exported internationally especially in arab countries
such as Jordan and Algeria.
After interviews with decision managers we found out that lord has more
than 12 products with different brand names with almost exactly the same
shaving quality, also the Lord’s Logo is not very visible on do not take much
of interest on the product image, this affects the brand symbol.
Research Design
Sampling Plan
The survey was designated to use a random sample of 30 men aging from 18
to 60, the scope of this survey is to gain data from different generations with
different Classes from A to C, the sample will be as follow
Questionnaire