Table of Contents INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Product........................................................................................................................................1 Customer Needs..........................................................................................................................1 Company.....................................................................................................................................2 Distribution.................................................................................................................................2 Price.............................................................................................................................................2 Marketing Communications........................................................................................................3 Marketing Mix............................................................................................................................3 CONCLUSION................................................................................................................................3 REFERENCES................................................................................................................................4
INTRODUCTION Biodegradable Wastes are those wastes which includes organic wastes that could be broken down into carbon dioxide, water, methane or simple organic molecules such as by anaerobic digestion, aerobic digestion. Examples are related to human and animal excreta, plants like rubber, paper, wood, leaves, cotton and wool and many more which are good examples of biodegradable wastes. The company chosen for the completion of this assignment is Unilever which is headquartered in London and was founded in the year 1929. the company provides various products to their customers for personal care, beauty care and cleaning agents. The numberofemployeesworkingcurrentlyintheorganisationareapprox.1,55,000.The assignment will make its focus on product specifications, customer needs, company, distribution, price, marketing communications and recommended marketing mix. The company is launching a new product which will not only care for the utensils but also for hands as well. The name of this product is Gelforma. MAIN BODY Product Gelforma is the new product developed by Unilever which containsSodium Chloride, Sodium Lauryl Sulfate, Cocamide DEA, Fragrance, Ammonia Solution, Sodium Hydroxide, Citric Acid and Sodium Hypochlorite. This product is useful for cleaning the utensils as well as the hands also. It will not impact rough on the skins which other products does. It includes some other features as well in comparison to cleaning agents. The first is related to the less time to taken to wash the utensils, the fragrance is also good which is of aloevera, jojoba and olive oil which provides good fragrance to the utensils as well as the hands also. In addition to this, it also washes good both in the cold and hot water as well and also kills the germs that spreads diseases and it removes, dirt, oil, soil, germs and bad fragrance from the utensils. It is important because it is two in one product and can be used for both hand washing as well as for cleaning the kitchen utensils. The importance of this product increases as many house cleaning products do not provide the customers with skin care as well. Customer Needs The company do have an opportunity as there are no products in the market having such features in them. As it is important to do something different from that of others in the form of 1
innovation. The customers are segments on their size, geo-demographic and psychographic basis. On the basis of geo-demographic, the customers are divided according to their age and occupations such as the females whether home makers are using their personal use or it is occupation of those females. Additionally, it also targets hotels which will make use of this product to their make the use of these products in their hotels for cleaning purposes. The target market for the product are females and hotels. The current trends in this market are cost effectiveness, fragrance, performance, environmental awareness. But the following product do have some other features which are considered as the growth trends such as two in one product as an innovation. As it is not provided by any of competitors in the market. With this product, it is possible to maintain skin moisture, two in one product and it also solves the problem of bad smell in the kitchen and utensils. Company Unilever is an organisation which is operating at global level and deals mainly in cleaning agents and home and beauty care products. It have good image and market share so this is an opportunity to provide the customers with some different product that could help in growing organisation's income and revenues. Distribution The distribution of the new product will be done in many ways but the most suitable and preferred for this product is with the help of Indirect Channel of Distribution. It will be helpful to provide the customers with products and services by including retailers as they are in knowledge with the needs and demands of customers and the qualities and features which they want in the product and service. This will not be possible with direct channel of distribution but with the help of retailers, the feedbacks of customers could be delivered to the organisation. Price Price can be defined as the amount which is charges by the seller for the transfer of ownership to customers of the product or service. The pricing objectives are described as under: To retain and increase the market share. To achieve competitive position in the market. The structure of Unilever's product has been put according to the customer based pricing as the customers preference is given at the utmost preference. So on the basis of prices already 2
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charged by the organisation for their different products in this class, the organisation will also charge according to the prices of different products. The price which will be setup by the organisation for Gelforma is £ 2. Marketing Communications In order to communicate with the target market of Unilever, the organisation will make use of Advertising as with the help of this media only, it will be possible to reach most of the customers even at a single time which will help in increasing the brand awareness of the products and services of Unilever. Marketing Mix Product:Product has been made according to the needs of customers and have various characteristics such as two in one quality of the product which has been as an innovation in the product. Price:Unilever will make use of Economical Pricing Strategy for the sales of the products in the market, with the help of this strategy it will be possible to the company to attract new and potential customers of Unilever in the market. Place:ThedistributionchannelchosenforGelformaisIndirectTwoWayChannelof Distribution with the help of which the products and services will be provided to the customers. Promotion:In order to make the people aware about the products and servicesof the organisation, the use of Advertising Promotion Tool will be done for increasing the sales of the products of Unilever. CONCLUSION From the above assignment, it has been concluded that marketing plan is an important part which helps in knowing about the different aspects which the company is needed to focus and working upon. In addition to this, it also provides different information about the project that are important for the successful launch. 3
REFERENCES Books and Journals Kotler, P. and et. al., 2017. Marketing for hospitality and tourism. Lidstone, J. and MacLennan, J., 2017.Marketing planning for the pharmaceutical industry. Routledge. 4