Ahmad Zafar 3585 Umar Farooq 3602 Sufyan Ahmad 3580 M.Zahid Iftikhar 3581 Product Beauty Soap for Men
Gender: For Men Likes: Skin conscious Occupation: Traveler
Age: 16-26, 27-36
Need Satisfy: Protection from the sun rays, Mediated
Market Area: Urban Head Office: Lahore Other Offices: Faisalabad, Islamabad, Multan, Sialkot, Gujranwala Karachi and Hyderabad Competitor: Lux, Dove
Product
Information
Packaging:
Name: Neutrogena beauty soap for men
Slogan: You are in a beauty Contest Every Day of your Life Industry Analysis
600 Factories , 154000 workers The Total production of Soap is estimated approx. 1030000 Metric Ton per year. generating huge revenue to the Government stem growing unemployment in the country
Industry Analysis Conti..
Competitors
Product Sales Market Share Lux 3.2 Billion 22% Dove 2.5 Billion 18% Strengths Opportunities 1. Availability in many countries such as the USA, the UK, Canada 2. Has a wide product range like cleansers, moisturizers, sun protection, fairness, anti-aging Etc. 3. Good Supply chain and distribution network 4. Strong advertising media through Ad campaigns 5. Associations with celebrities help in creating a string brand image 1. To enter rural markets 2.Launching products for lower middle class 3. Partner with hotel chains, clinics, hospitals 4. Position the brand globally 5. Target groups that show the highest growth potentials Weaknesses Threats 1. An overabundance of overlapping anti-aging products that is perennially confusing for consumers 2.Despite being a high quality product, its global reach is limited 3. A narrow market segment covered by its positioning 1. Local brands and other international brands 2. Cheaper and less medical-like treatments 3. strong competitors without and within the industry for cosmetics 4. copying of technology Company Analysis SWOT Company Analysis Conti Total sale $65 billion Market share 35% Earning per share $5 Dividend per share 2.25 Company Analysis Conti Other Products
STP Segmentation: 16-26, 27-36 Male, Female Target Market: 16-26, Male Positioning: Skin friendly and meditated (acne remover) Positioning Statement: You deserved to be cared...
Product Strategy Pricing Value-Based pricing is being used. Selling price is Rs. 55 Variable cost are Rs. 35 With additional cost of Rs. 2 for packaging and Rs. 8 will be our margin per unit. Place: Neutrogena is a soap brand and is therefore classified as a consumer good, which falls in the category of convenience goods or FMCG (fast moving consumer good). Because of being a convenience good that is purchased frequently with little or no planning, it is available at an affordable price, is promoted heavily through advertising, sales promotion and PR, is distributed widely and is available at convenient locations. Promotion: advertisement and in store display
Budgeting Estimated Fixed Cost: 10 Million It is estimated that we will be able to sell 100,000 units of our soap.
SALES 5,500,000 CGS 3,700,000 G.P 1,800,000 MARKETING EXPENSE SALE PROMOTION 235,000 PROMOTION EXPENSE 500,000 735,000 GENERAL AND ADMIN. EXPENSE MANAGERIAL EXPENSE 500,000 INDIRECT OVERHEAD 500,000 1.000,000 NET PROFIT BEFORE TAX 65,000 Income Statement: Mark up chain Marketing Communication Strategy Marketing communication Strategy includes advertising, promotion on both TV and Radio Direct Marketing where one-to-one communication will be held with target market Sales promotion will also be engaged in future..