55935394 Colgate Final

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    Analysis Of Marketing Strategies OfColgate Palmolive

    Submitted to:

    Mr. Syed Munir Ahmed

    Course Instructor Strategic Marketing Management

    Submitted By

    COLGATE PALMOLIE !PA"ISTA#$ LIMITE%

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    Com&any Overvie'(

    Colgate Palmolive (Pakistan) Limited is part of the Lakson Group of

    Companies which deal in consumer package goods, such as dental,

    personal, surface and faric care products! Colgate Palmolive (CP) is a

    franchise of Colgate Palmolive Co! Incorporated ("S#)!

    Colgate$Palmolive (Pakistan) Limited core usiness is in the

    manufacturing and marketing of soaps, detergents, toothpaste and

    personal h%giene products!

    Colgate$Palmolive is one of the three ma&or pla%ers in the 'ast Moving

    Consumer Goods ('MCG) usiness in Pakistan! he nature of the

    products oered % the compan%, oth locall% and gloall%, fall into

    four categories* +ral Care, Personal Care, Surface Care and 'aric Care!

    he compan%s principal strength in Pakistan, however, lies in +ral

    Care, 'aric Care and Surface Care! Ma&or successes at Colgate$

    Palmolive are attriuted to the identi-cation and satisfaction of

    consumer needs in various income groups! he compan% aims to serve

    dierent consumer segments with e.ual importance % maintaining

    consistent levels of .ualit% and price! It does so % adopting a

    customer$oriented approach that re.uires tremendous eort in

    identif%ing consumer needs and coming up with eective and

    pro-tale solutions!

    Colgate Tooth&aste

    CP does not categori/es its dierent t%pes of dental creams (gel, cream

    etc) and treat them under one rand name 0Colgate1! herefore we

    studied 0Colgate1 as a whole!

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    Target Market

    he tale elow shows the current target market as a percentage of

    total industr% sales in the si2 ma&or /ones of Pakistan! he derivation of

    the -nal current target market in rupee terms is e2plained in the

    following page!

    Current Target Market (As a Percentage of Total Industry

    Sales)

    otal #nnual oothpaste Consumption

    (onus)

    3455 ones

    Sales in 6 Ma&or 7ones in Pakistan 859

    Current Target Market( ) *ones

    !Tones$

    +)), Tones

    #verage Price: ;g : 5: ;g:

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    Month or #ove

    "ran arget Population 6A Million

    ?ispersion in Surrounding =ural #reas* >@9 A Million

    Current arget Market (Population) 34 Million

    Current #verage Consumption of

    oothpaste: Person:

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    target market for the Colgate toothpaste as a percentage of the total

    industr% as can e seen in the aove grid is =s! 4@B million! It is

    constitutes all individuals earning an income of =s!B555:$ and aove,

    which are 34 million people! hat is 359 of the >A5 million uran

    population of Pakistan and >@9 of the rural population!

    he target market of Colgate oothpaste is*

    All Individuals using any form of oral care product living in

    Pakistan and earning a substantial income.

    Segmentation of Target Market

    Segmentation is essentiall% the accommodation of dierent consumer

    groupings in a marketing plan or strateg%! Market segmentation is oth

    the process of de-ning the characteristics of various segments in the

    marketplace and the allocation of marketing resources among

    segments! D% de-ning market segments in terms of u%ers ideal

    cominations of determinant attriutes, Colgates rand manager

    isolates the ke% choice criteria used in dierent segments in order to

    design market oerings! e also does so as to determine the potential

    sales opportunities of a particular segment and the est wa% to target

    the memers of the segment! he 6 Ma&or 7ones and their su$

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    divisions % means of which Colgates market is segmented in Pakistan

    are as follows!

    "ara1hi

    ;arachi$I

    ;arachi$II

    Sindh

    "pper Sindh (Sukkhar)

    Lower Sindh (%deraad)

    Central Pun2a3

    Central Pun&a I (Lahore)

    Central Pun&a II ('aisalaad)

    Lo'er Pun2a3 !Multan$

    4&&er Pun2a3 !Islama3ad$

    #56P

    he /ones and their su$divisions var% in potential! he following tale

    depicts the distriution of the target market sales in the ma&or /ones,

    ased on the Population si/e!

    POSITIO#I#G O6 7-A#%S

    he positioning of Colgate toothpaste is .uite uni.ue! Colgate

    Palmolive (Pakistan) has een ale to capture the original positioning

    theme from CP ("S#) unlike CP (India) and other local partners in #sia!

    his successful theme adoption can e attriuted to the energetic

    marketing team of Colgate Palmolive! (Pakistan)! Colgates image in

    Pakistan is that of a famil% rand with multidimensional advantages! Ithas an attractive taste, and is e.uall% good for children and adults!

    "nlike its competitors who focus on onl% one theme like

    Pepsodent la%s emphasis on dental deca% in children

    Macleans emphasi/es on strong teeth

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    Close up focuses on shinning teeth and a fresher reath for social

    appeal and

    Medicam anti toothache formula,

    Colgate has een ale to evolve all these images into one rand,

    Colgate oothpaste! Colgate toothpaste ecause of its

    multidimensional image is often refereed to as an all rounder rand!

    Price and .ualit% are thus ma&or attriutes through which Colgate is

    positioned! igh .ualit% for a complete dental care and premium

    pricing are the ma&or positioning theme!

    #ccording to CPs marketing tem Colgates dierential advantage is its

    all rounder capailities! Its ailit% to -ght tooth deca%, eliminate ad

    reath and give strong white teeth under one rand lael is wh% its

    the most preferred rand in Pakistan!

    Strategy(

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    'urther, the positioning is emphasi/ing on the main ene-t of the

    product i!e! cavit% prevention! herefore, the asis of positioning is

    strong teeth and cavit% prevention through which we will e achieving

    an image of high .ualit%! he positioning strateg% is to create an

    association of Colgate oothpaste with cavit% prevention and

    emphasi/ing cavit% prevention and strong teeth in the promotional

    campaigns will do this!