10 step-marketing-plan-dove-mitra-eftekhar
Transcript of 10 step-marketing-plan-dove-mitra-eftekhar
1
10 STEP
Marketing Plan for
Dove
Mitra Eftekhar
February 2011
www.mitraeftekhar.blogspot.com
This 10 Step Marketing Plan is part of the mandatory requirements of Prof. Remigio Joseph De Ungria’s AGSB marketing management class.
The data included in this report are based on publicly available data such as those on internet websites, news, package declarations, public reports.
When appropriate, data are “masked” so as not to create unexpected conflicts.
The reports are posted and linked on slideshare, blogs and facebook so that there is easier sharing among students from different marketing classes.
Disclaimer
www.mitraeftekhar.blogspot.com
1. PTM: Women 20-35 Y O, Class A & B
2. They want soft, beautiful skin
3. Choices: Olay, Nivea, Palmolive, Safeguard, Maxi-Peel, Silka, Johnson's, Belo, Vaseline
4. Dove Cleanses and Softens
with ¼ moisturizing cream
5. The market size is $2.5,
Dove Niche is $0.9 Billion
Steps 1 to 5
Summary headline of your
PTM and market
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6. The only soap bar with ¼
moisturizing cream.
7. 100 gr @ P 40, 135 gr @ P 50
8. Self esteem Campaign,
7 days with no mirrors challenge
9. Supermarkets, Sari-Sari store, Nationwide
10. Niche strategy to win
Steps 6 to 10
Summary headline of the
marketing mix & strategy
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1. Describe the primary target
market (PTM)
Demographics (Female 20 to 35 years old, A & B class, Single or Married)
Lifestyle (Socially active either w/woJob)
Behavior (3 - 7 x per week, keeping their skin moisturized while cleansing)
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2. PTM needs to have a
beautiful and clean skin
Self-Actualization Needs
(Self-Development
& Realization)
Esteem Needs (Recognition,
Status)
Social Needs (sense of belonging, love)
Safety Needs (security, protection)
Physiological needs (food, water, shelter)
Reference: Maslow’s Hierarcy of Needs Marketing Management, 11th ed, Philip Kotler
My skin is moisturized, beautiful & clean
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2. PTM’s needs, wants &
demands
Needs: Women need to be confident of their look and have a healthy beautiful skin in respond to their self esteem needs
Wants: Woman 20 to 35 choose Dove as it is the only beauty soap with ¼ moisturizing cream, smells good, no soap residues after wash, difference making promise in 7 days, price, availability
Demands: Soft, moisturized and healthy skin, Good smell, White skin, No remains after wash, known brand, have an appealing look
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3a. Direct and indirect
products that address my
PTM’s NWD
Direct: Olay, Nivea, Palmolive, Safeguard, Maxi-Peel, Silka, Johnson's, Belo, Vaseline
Indirect: Body wash, Body scrub, Shampoo, Water
Variables: Brand, Price, Availability, Whitening, expected change when constantly used, product specifications, smell,
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3b. Positioning Vs. Brand Map
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Gr. Dove Palmolive Olay Maxi-Peel Belo Silka GlutaMAX Vaseline
Beauty
Bar
Moistu
rizing/
Alo
evera
White
+
Pro
tectio
n
•Ultra
Moistu
re•F
resh
Reviv
ing
•Anti a
ge
Exfo
liatin
g +
M
oistu
re
Exfo
liatin
g
Sm
ooth
W
hite
nin
g
Nourish
ing
White
nin
g
White
nin
g
Inte
nsiv
e
White
nin
g
White
nin
g
•Health
y W
hite
Whitening
Exfoliating
moisturizing
Anti Age
Anti acne
Aromatherapy
3b. Price Vs. Brand Map
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Gr. Dove Safeguard
Palmolive Olay Maxi-Peel Belo Silka Johnson's Vaseline Nivea
Beauty
Bar
Pro
fessio
nal
Diffe
rent S
mell
Moistu
rizing/
Alo
evera
White
+
Pro
tectio
n
•Ultra
Moistu
re•F
resh
Reviv
ing
•Anti a
ge
Exfo
liatin
g +
M
oistu
re
Exfo
liatin
g
Sm
ooth
W
hite
nin
g
Nourish
ing
White
nin
g
White
nin
g
Inte
nsiv
e
White
nin
g
•Cle
an M
oistu
re•A
ctive p
rote
ct
•Activ
e N
ourish
•Health
y W
hite
•Honey &
Oil
•Pearl &
Beauty
60 13.75 29.75 20.75 19.75
75 30
80 36.75 20.95
90 22.95 21.75 42.25 31.80 21.50
100 40 45.75
120 44 54
125 46.20 30.50 40.50 57.25 57.95 56 57.30 33 29.95
135 50 39.90
4. Dove can position strongly
by differenciation
Dove is the only soap
that has ¼ moisturizing cream
Promises not to leave any residues on skin
This products will make skin more attractive by cleansing and keeping it moisturized
Olay is also promising change in skin appearance after 7 washes.
Most of the soaps are said to whiten skin which can be harsh in contact and make it dry after constant use
www.mitraeftekhar.blogspot.com
5a. Estimate the market size
using competitor data
Beauty and personal care sales were US$2.26 billions 2008-2009, with a 2% rise year on year.
2010-2011 2.26*1.04= $2.36 billionhttp://www.cosmeticsbusiness.com/technical/article_page/South_East_Asia__strength_in_diversity/57169
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5b. Estimate the market size
using company data
Claimed market share: 45%
Historical sales: $0.9 Billion in 2010
Total market size $0.9 Bn/0.45
= $2 Billion
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5c. Estimate the market size
using customer data
80’000’000 Filipinos from age 5 to 65
3 times use per week
$1 soap per month $0.25 soap per week
80’000’000*3* 0.25*52= $3.12 billionhttp://www.bles.dole.gov.ph/2009%20Publications/2009%20YLS/statistical%20tables/Chapter%2001/TAB1-3.PDF
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5. Market size of $2.50 Billion
Average of:
Competitor data= $2.36 Billion
Company data = $2 Billion
Customer Usage data = $3.12 Billion
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6a. Photo of product category
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6b. Dove Soap
Specification
The only soap bar with ¼ moisturizing cream.
Leaves no soap residues when used in hard water.
Only Dove has patented cleansing technology
75, 100, 135 gr soap bar
Ph between 6.5 to 7.5
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6b. Dove Soap range
Dove Go Fresh Energizing Beauty Bar
Dove Go Fresh Moisturizing Beauty Bar
Dove Fresh Moisture Bar
Dove Gentle Exfoliating Cream Bar
Dove Cream Beauty Bar Blue
Dove Cream Bar Pink
Dove Cream Bar Extra Sensitive
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7. Price
Dove Fresh Moisture Bar 100g: P40.00
Dove Energizing Beauty Bar 100g: P40.00
Dove Gentle Exfoliating Cream Bar 100g: P40.00
Dove Cream Beauty Bar Blue 100g: P40.00
Dove Cream Beauty Bar Blue 135g: P50.00
Dove Cream Bar Pink 100g: P40.00
Dove Cream Bar Pink 135g: P50.00
Dove Cream Bar Extra Sensitive 100g: P40.00
Dove Cream Beauty Bar Blue 75g: P30.00
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7. Competitor Price
Comparison
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Gr. Dove Safeguard
Palmolive Olay Maxi-Peel Belo Silka Johnson's Vaseline Nivea
Beauty
Bar
Pro
fessio
nal
Diffe
rent S
mell
Moistu
rizing/
Alo
evera
White
+
Pro
tectio
n
•Ultra
Moistu
re•F
resh
Reviv
ing
•Anti a
ge
Exfo
liatin
g +
M
oistu
re
Exfo
liatin
g
Sm
ooth
W
hite
nin
g
Nourish
ing
White
nin
g
White
nin
g
Inte
nsiv
e
White
nin
g
•Cle
an M
oistu
re•A
ctive p
rote
ct
•Activ
e N
ourish
•Health
y W
hite
•Honey &
Oil
•Pearl &
Beauty
60 13.75 29.75 20.75 19.75
75 30
80 36.75 20.95
90 22.95 21.75 42.25 31.80 21.50
100 40 45.75
120 44 54
125 46.20 30.50 40.50 57.25 57.95 56 57.30 33 29.95
135 50 39.90
7. Competitor Price
Comparison in percent
www.mitraeftekhar.blogspot.com
Gr. Dove Safeguard
Palmolive Olay Maxi-Peel Belo Silka Johnson's Vaseline Nivea
Beauty
Bar
Pro
fessio
nal
Diffe
rent S
mell
Moistu
rizing/
Alo
evera
White
+
Pro
tectio
n
•Ultra
Moistu
re•F
resh
Reviv
ing
•Anti a
ge
Exfo
liatin
g +
M
oistu
re
Exfo
liatin
g
Sm
ooth
W
hite
nin
g
Nourish
ing
White
nin
g
White
nin
g
Inte
nsiv
e
White
nin
g
•Cle
an M
oistu
re•A
ctive p
rote
ct
•Activ
e N
ourish
•Health
y W
hite
•Honey &
Oil
•Pearl &
Beauty
100100%
63.7%
60.4%
124%117.3
%86.4%
82.2%
88.3%
114.8%
59.7%
65.4%
114.4%
135100%
99.9%
65.8%
87.4%
99%123.6
%
114.4%
123.7%
121%
79.8%
121.5%
71.2%
64.7%
7. Price
Dove is among the high offers in the market.
It’s emphasizing on the ¼ moisturizing cream to differentiate itself from the others.
As the 10th anniversary, dove reduced it’s prices:
100 gr soap bar from P 55 to P 40
135 gr soap bar from P 63 to P 50
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8a. Which of these modes
does your product use?
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1
2
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8a. SelfeSteem Campaign
The Campaign for Real Beauty is a global effort to
serve as a starting point for societal change and act as a catalyst for widening the definition and discussion of beauty; to embrace all definitions of beauty.
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8a. Dove Promos
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8b. Competitor promo
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9. Place
Where is your product available?
Supermarkets, sari-sari stores, convenience outlets, drugstores
Nationwide
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10. What is the generic
winning strategy?
Which of the 4 strategies are being used?
Niche
Differentiation
(¼ moisturizing and no soap residue)
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SUMMARY
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1. PTM: Women 20-35 Y O, Class A & B
2. They want soft, beautiful skin
3. Choices: Olay, Nivea, Palmolive, Safeguard, Maxi-Peel, Silka, Johnson's, Belo, Vaseline
4. Dove Cleanses and Softens
with ¼ moisturizing cream
5. The market size is $2.5,
Dove Niche is $0.9 Billion
Steps 1 to 5
Summary headline of your
PTM and market
www.mitraeftekhar.blogspot.com
6. The only soap bar with ¼
moisturizing cream.
7. 100 gr @ P 40, 135 gr @ P 50
8. Self esteem Campaign,
7 days with no mirrors challenge
9. Supermarkets, Sari-Sari store, Nationwide
10. Niche strategy to win
Steps 6 to 10
Summary headline of the
marketing mix & strategy
www.mitraeftekhar.blogspot.com
32
10 STEP
Marketing Plan for
Dove
Mitra Eftekhar
February 2011
www.mitraeftekhar.blogspot.com