This article discusses the plan, coordination, and review of promotional activities for launching a new product for Nivea Men. It includes strategies, customer management, analysis of customer feedback, and recommendations for improvement.
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Running head: LAUNCHING A NEW PRODUCT FOR NIVEA MEN Launching a New ProductFor Nivea Men Name of the Student: Name of the University: Author Note:
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1 LAUNCHING A NEW PRODUCT FOR NIVEA MEN Part 1: Plan Promotional Activities: 1.1. PPT slides: Attached 1.2. Media Costing Schedule: A. Promotional activities123456Total YouTube daily(average daily cost)(Note 1) (Advantage: Global reach)3003003003003003001800 The Australia(Note 2) (Advantage: Cheap)4004004004004004002400 The Forbes Magazine(Note 3) (Advantage: Global reach)5005005005005005003000 Brand endorsement by male model(Note 4) (Advantage: Brand boosting)3003003003003003001800 Television advertisement (Note 5)(Advantage: Global reach)2002002002002002001200 Total costs10200 Allocated budget500000 Surplus489800 Note 1: The average cost of YouTude advertising cost is $ 10 (Youtube.com. 2019). Note 2: The average cost of marketing on The Australian is $400 approximately (4webmarketing.biz. 2019) Note 3. The average cost of digital marketing on The Forbes is $ 500. Note 4. The rates of male models for 4 hours is $ 500 (full day) (Aussieelite.com. 2019). Note 5. The average cost of advertisement on TV is $ 200 average (Fitsmallbusiness.com. 2019).
2 LAUNCHING A NEW PRODUCT FOR NIVEA MEN Part 2. Coordinate Promotional Activities: 2.1. Marketing strategy table: Marketing strategy table A Promotional Activities B Personnel Responsible and Responsibilities C Resources Required D Expected Outcomes YouTube dailyMarketing manager300 per month 1. Global reach 2. Acceptability in international market 3. Higher revenue generation The AustraliaMarketing manager400 per month 1. National reach 2. Acceptability in international market 3. Higher revenue generation The Forbes MagazineMarketing manager500 per month 1. Global reach 2. Acceptability in international market 3. Higher revenue generation Brand endorsement by male modelMarketing manager300 per month 1. Global reach 2. Acceptability in international market 3. Higher revenue generation 4. Establishment of the product as a premium product Television advertisementMarketing manager301 per month 1. Global reach 2. Acceptability in international market 3. Higher revenue generation 4. Establishment of the product as a premium product
3 LAUNCHING A NEW PRODUCT FOR NIVEA MEN 2.2. Customer management strategy: 2.2.1. Establish and conducting good relationships with Nivea for Men customers: Nivea should establish good relationship with customers by retaining its superior quality parameters while launching the new product namely,Nivea Men Musk Soap.Kiran and Diljit (2017) mention that product plays an immense role in achievement of strong relationship between the companies manufacturing the product and customers. Thus, in this light can be commented that Nivea should offer high quality soap for men to create customer satisfaction. Ghazali et al. (2017) point out that the customers today emphasis on consuming organic products. It can be pointed out in this light that Nivea should use organic and natural ingredients like shea butter and aloevera to manufacture the musk soap. The natural ingredients unlike their chemical counterparts would help in repairing the skin. Thus, it can be commented that Nivea should offer high quality organic musk soap for men to build strong relationship with customers. 2.2.2. Keeping customers coming back: Nivea should keep the customers coming back by introducing newer variants of the musk soap. The company should also bundle the soap with existing products like Nivea Men shower gel to retain customer loyalty (Kuzmina and Danbury 2017). The company must gain customer feedback and incorporate the same in their future marketing strategies to create more products aligned to customers’ preferences. Part 3. Review and Report on Promotional Activities: 3.1. Analysis of customer feedbacks and determining the impact of promotional activity: It can be concluded from the customer feedback that Nivea Men enjoys a strong positive perception among the customers. The first question asked to the respondents was whether Youtube gives all the information required by customers to take purchase decisions regarding
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4 LAUNCHING A NEW PRODUCT FOR NIVEA MEN about products. Most of the respondents strongly agreed to the fact while some respondents like the fourth respondents negated with to the question. The second question asked was whether the Youtube of new men’s product namely, Nivea For Men Musk soap was effective and interesting. This question received a ‘agree’ feedback from most of the respondents. The fourth and sixth respondents disagreed to the question. The third question was whether `the customers after watching the YouTube video of the new musk soap by Nivea felt like buying the product. The question did not receive strong positive responses from the customers. The fourth question was about whether the respondents would recommend the YouTube to their family and friends. The question did not receive a strong positive feedback from the respondents. ThefifthquestionaskedwhethertherespondentsfeltthatYouTubeisastrong promotional platform to conduct promotional activities. Most of the respondents agreed to the statement while others strongly disagreed. An analysis of the feedback of the respondents would bring into light several facts. First, most of the respondents consider YouTube an effectively promotional platform however the new YouTube clip launched to market the musk soap was not well received. This means that the company needs to make the YouTube more informative to attract more customers. Thirdly, it can be pointed out that the respondent was limited within just 10 customers which does not represent the large number of loyal customers which Nivea boasts in Australia. Thus, the findings of the survey are sufficiently vast to enable the management of Nivea Australia take in concrete
5 LAUNCHING A NEW PRODUCT FOR NIVEA MEN decision making. The company needs to survey more customers to gain sufficiently big data base on which it can base its decision making. 3.2. Using network to implementation of promotional activities: It can be concluded from the survey and the resultant feedback that the employees have strong positive perception about the product. This means the internal promotional network of the company is very strong.Newman, Rose and Teo (2016) mentions that participative leadership encourages employees to participate in the decision making. They as a result have knowledge about the products. Sagnak (2016) strengthens the argument by pointing out that employees feel more motivated when they are allowed to participate in the operational planning. Thus, in the light of two works it can be pointed out that Nivea encourages employees to participate in the business decision making. This enables the employees to have clear idea about the future products. They also give more positive feedback owing to their knowledge about the products. 3.3. Assessment of effectiveness of planning process: There were various problems were encountered while planning the YouTube clip asa group. The first problem encountered was that some of the group members did not participate in the planning process actively. The second problem encountered was that there were conflicts of opinions and interests of several group members. The third problem encountered was that there was constraint of time while preparing the YouTube clip (Ghaffari et al. 2017). Several improvements can be done in order to improve the future YouTube video clips. The first strategy which can be adopted by Nivea is that the managers should encourage more subordinatestoparticipateindecisionmakingwhilelaunchingnewproducts(Gutierrez- Gutierrez, Barrales-Molina and Kaynak 2018). The second strategy which the managers can
6 LAUNCHING A NEW PRODUCT FOR NIVEA MEN adopt is that the subordinates can be encouraged to carry out brainstorming. They manager would finally assimilate their opinions to form the final planning. This would lead to reduction of conflicts and make the decision making process more dynamic (Fatima, Safdar and Jahanzeb 2017). The third strategy which the company can take is that the teams should be given sufficient time to form Youtube clips to promote new products. This would make the promotional video more innovative and allow attract more customers, thus generating higher sales volume. 3.4. Collection and feedback of target customers and internal network: The feedbacks from the customers and internal networks or employees should be collected. All the reports and survey should be segregated for orderly presentation. 3.5. Constructive advice on future directions of promotional activities: The following are the constructive advices which can be provided for future directions of promotional activities based on the analysis of the surveys 1. Enlargement of the customer survey sample: The survey sample size should be increased to at least a thousand customers. This is because the customer base of Nivea in Australia is huge and feedback from just ten customers does not provide a concrete base for decision making. 2. Providing more information: The video clip should be made more informative. This would encourage the customers to purchase the new musk soap by Nivea for men. 3.5.1. Conclusion and recommendations to improve Youtube: It can be concluded from the analysis of the YouTube video designed by Nivea to promote its new product namely, Nivea For Men Musk Soap that the video should be made more
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7 LAUNCHING A NEW PRODUCT FOR NIVEA MEN marketintensive.Thefollowing arethe recommendationswhichcan be maderegarding improvement of the video: More information: The YouTube video should be made more informative which would enable the customers get more information about the new product. The video should enable the customers to realise the value that they would derive by consuming the product. Future strategies of the company about the products: The video should inform the customers about the future strategies to improving the product. The video can inform the customers about variants of the soap for men which they company would launch in the future. 3.6. Improved Youtube clipping Attached 3.7. Review and amend the media costing schedule: Attached
8 LAUNCHING A NEW PRODUCT FOR NIVEA MEN References: 4webmarketing.biz.2019.4webmarketing.biz.[online]Availableat: http://www.4webmarketing.biz/images/theaustralianadrates.pdf [Accessed 16 Feb. 2019]. Annualreport2017.beiersdorf.com. 2019.Annualreport2017.beiersdorf.com. [online] Available at:https://annualreport2017.beiersdorf.com/?_ga=2.238663625.859287968.1550302233- 1874613375.1550302233 [Accessed 16 Feb. 2019]. Aussieelite.com.2019.Aussieelite.com.[online]Availableat: http://www.aussieelite.com/file/modelspayaward2018jpg [Accessed 16 Feb. 2019]. Bloomberg.com.2019.Bloomberg.com.[online]Availableat: https://www.bloomberg.com/quote/DAX:IND [Accessed 16 Feb. 2019]. Fatima, T., Safdar, S. and Jahanzeb, S., 2017. Participative leadership and employee creativity: Moderatingroleofneedforachievement.NUMLInternationalJournalofBusiness& Management,12(1), pp.1-14. Fitsmallbusiness.com.2019.Fitsmallbusiness.com.[online]Availableat: https://fitsmallbusiness.com/tv-advertising/ [Accessed 16 Feb. 2019]. Forbes.com. 2019.Forbes.com. [online] Available at: https://www.forbes.com/selfserve/faq.html [Accessed 16 Feb. 2019]. Ghaffari, S., Burgoyne, J., Mad Shah, I., Nazri, M. and Salah Aziz, J.S., 2017. Investigating the mediation role of respect for employees on the relationship between participative leadership and job satisfaction: A case study at University Teknologi Malaysia.Australian Journal of Basic and Applied Science,11, pp.1-13.
9 LAUNCHING A NEW PRODUCT FOR NIVEA MEN Ghazali, E., Soon, P.C., Mutum, D.S. and Nguyen, B., 2017. Health and cosmetics: Investigating consumers’valuesforbuyingorganicpersonalcareproducts.JournalofRetailingand Consumer Services,39, pp.154-163. Gutierrez-Gutierrez, L.J., Barrales-Molina, V. and Kaynak, H., 2018. The role of human resource-relatedqualitymanagementpracticesinnewproductdevelopment:Adynamic capability perspective.International Journal of Operations & Production Management,38(1), pp.43-66. Kiran,K.andDiljit,S.,2017.Antecedentsofcustomerloyalty:Doesservicequality suffice?.Malaysian Journal of Library & Information Science,16(2), pp.95-113. Kuzmina, E. and Danbury, A.H., 2017. The meanings of ‘organic’branding in the Russian skincare industry. Newman, A., Rose, P.S. and Teo, S.T., 2016. The role of participative leadership and trust‐based mechanismsinelicitinginternperformance:EvidencefromChina.HumanResource Management,55(1), pp.53-67. Nivea.com.au. 2019.Nivea.com.au. [online] Available at: https://www.nivea.com.au/ [Accessed 16 Feb. 2019]. Sagnak, M., 2016. Participative Leadership and Change-Oriented Organizational Citizenship: The Mediating Effect of Intrinsic Motivation.Eurasian Journal of Educational Research,62, pp.181-194. Unilever.co.uk.2019.Unilever.co.uk.[online]Availableat: https://www.unilever.co.uk/brands/personal-care/lynx.html [Accessed 16 Feb. 2019].
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10 LAUNCHING A NEW PRODUCT FOR NIVEA MEN Youtube.com.2019.Youtube.com.[online]Availableat: https://www.youtube.com/yt/advertise/pricing/ [Accessed 16 Feb. 2019].