This report analyzes the STP process of Head and Shoulders and Pantene, and their effectiveness in marketing their products. It also provides recommendations for improvement.
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EXECUTIVE SUMMARY The present report aims to identify the STP process of Head and Shoulders and Pantene that helps the brands to attract the right customers towards there offerings and also helps in reducing risk that they face related to marketing of the products and services. STP process helps the brands to increase there efficiency and retain the customers for a long period. It is analysed that Pantene is more successful in its application of 4P's as compared with H&S. Head and Shoulders is required to work effectively in order to keep an effective position in market. This study is helpful to both the brands as they can analyse where they are lacking behind in order to implement right strategy for brand improvement.
TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 STP marketing planning process.................................................................................................1 Effectiveness of marketing mix..................................................................................................3 CONCLUSION AND RECOMMENDATIONS............................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION Marketing plays a key role for the business to make its offerings recognisable in market by working on effective communication, delivery channels and exchanging different offers to the customers so that they get motivated to purchase the brand(Marketing,2019). Present study is based on two known brands that are Head and Shoulders and Pantene. Head and Shoulders is an American brand of anti-dandruff shampoos introduced in 1961 by Procter and Gamble. Another brand that is Pantene is a Swiss-created American brand that is also owned by Procter and Gamble and was introduced in the year 1945. Report will include STP marketing planning process and 4P's of these brands(Jaiswal and Gupta, 2015). STP marketing planning process STP process helps the business to reach there right customers and for the same business segments it markets in order to target its best customers so that they can have effective positioning in market with respective to its offerings. Segmentation:-Segmentation is basically a process to divide market of the potential customers into different groups on bases of their interest. Targeting:-Targeting is the selection of customers that are having willingness to pay for the brand and business segments the market to target each segment individually on bases of there interest. Business determine which product and service will be suitable to each segment and accordingly target them by understanding there individual needs and wants. Positioning:- This helps the business to have understanding where the products and services that business offers to the customers stands in market in relation with its rivalries. Having a unique offering in market makes an effective positioning of the brand in market. Head and Shoulders ShampooPantene Lady’s Shampoo Segmentation:-Head and shoulders shampoo is having its major focus on the problem of dandruff and they work effectively to provide an affordable solution(Andaleeb, 2016).Head andshouldersshampoohavesegmentedits offeringsonbasesofgeographic, Demographic, Psychographic and behavioural segments.Onbasesofgeographic Segmentation:-Pantene segments its offerings on bases on behaviour of the customers that is theyoffertheproductsonbasesofthe knowledge and attitude of the customers and provide healthy hair options to the customers. Italsosegmentsitsoffersonbasesof psychographic segmentation in order to target the customers on bases of their lifestyles and 1
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segmentation,Headandshouldershave divided its offerings on bases on the interest of peoplelivingindifferentnation,state, countries etc. As demand is high in Urban area, they work effectively on this segment to target itscustomers.Onbasesofdemographic segmentation,theofferingssegmentedon basesofage,incomeandgenderofthe customers(Vinuales and et.al., 2019). On bases of demographic segmentation, head shoulder targets it maximum number of customers that are of adult age group. Head and shoulder also divides its offerings on bass on social class, lifestyle and personality that customers have. There are different categories of customers on bases of life style that is some leads luxurious life and some live casual life. So, head and shoulders have divided the products on bases of the lifestyle that people have. aspiration that they have to protect their hair. Byunderstandingthebehaviourofthe customers, Pantene also segmented its offering andintroducedoilreplacementproductsto those customers that were giving importance to oil there hair(Vinuales and et.al., 2019). They havesegmentedtheproductsindifferent product ranges that is like deep cleaner, curl perfection, repair and protect etc. Targeting:-Headandshouldersshampoo basically targets the teens and adults that are suffering from the problem of dandruff. The target customers are people who can not afford salon and are suffering from dandruff problem. Head and shoulder design its offeringsfor the late teens and adults(Zia and Kumar, 2016). Targeting:-The target of Pantene shampoo are peoplethatarelookingforaffordablehair career(Camilleri, 2018). It targets the women of all age group that look for the brand that can help them to make there hair look good. For thesamePantenetakehelpofdifferent advertisementscampaignsandexpandsit offerings to different women all over the global market. They mainly target the women of mid- to-early40sthatareproactiveinlivinga healthy lifestyle and want to look confident 2
and beautiful. Positioning:-Head and shoulders have a well knownimageinmarketwithawideof selection of anti-dandruff shampoos(Andaleeb, 2016).Theyarehavingeffectiveimagein market as a product that gives solution for scalp problem that people face and is market leader for providing the respective solutions to the customers. With an effective market plan, H&S distinguish its offerings from the other competitive brands and effective positioning in the market. Positioning:-Pantenehavepositionedin market as an affordable alternative to salon brands. It also has positioned the market as a brand that bring out the inner shine of women. It helps the women to bring out the best, both internally and externally(Choi and Kim, 2015). Effectiveness of marketing mix Head and Shoulders ShampooPantene Lady’s Shampoo Product:-HeadandShouldersworks effectivelywithrespecttothequalityof products and services that they offer to the customers.Thishairacrebrandisvery effective to solve the problems that customers arefacingduetodandruff. Itoffersmany products that customers can choose in order to have smooth and beautiful hair. The products are for both male and female who are facing dry, itchyand sensitivescalp. Theproduct categoryincludesdifferentshampoo, conditionersandco-wash(JainandSharma, 2019). Product:- Pantene offers different category of products in global market that are shampoo, conditioners,styleproductsandalsohair treatment solutions. There are different types ofshampoosthatbrandoffersthatare shampoos for hair fall control, damage care shampoo, anti-dandruff shampoo, long black etc(Sinapuelas, Wang and Bohlmann, 2015). There are different conditioners that Pantene offers for controlling hair fall, providing silky smooth care conditioners, total damage care etc.Theseofferingsarealsoavailablein market in different size and price range so that 3
customers can choose the products on bases of there actual need. Price:-Withrespecttothepricingofthe products,H&Salwaysremaininstiff competition. There are many rival companies with which H&S is having price war. As a result they adopt competitive pricing strategy and also use penetration policy in order to reach new marker and offer its products to new customers. There are products are offered in different sizes so that customers have options in hand to choose the product on bases of there requirements(Kotler and et.al., 2015). Price:-There is a competitive market in which Pantene is offerings its products. Customers usually shifts to other brand if a better quality ofofferingsarethereinoptions.Pantene therefore, takes help of pricing strategy and aim to provide the best product to its customers at an affordable and best price options(Triana, 2016). Place:-HeadandShouldersishavingits presence in several global markets and with the help of penetration policy they have extracted different international markets. H&S is having awidedistributionnetworkwitheffective distributors and retailers that helps the business to reach different market. These distribution channels include supermarket, discount stores, local market etc(Chong and Poon, 2017). Place:-Panteneishavinganexcellent distribution network in global market and is having wide range of product portfolio. It is producinginmaximumnumberofoutlets, supermarkets and modern retail. With the help of wholesalers and retailers, brand reach out to its end consumers. Products are also offered to thecustomersondifferentsocialmedia platforms. Promotion:- Head and Shoulders promotes its offerings with the help of aggressive policy that is creative and informative. It is the most recognised brand in market and with the help of different social media platforms it remains in tough with its potential customers. It has also launched different campaigns in order to createbrandvisibility.Withthehelpof Promotion:-Therearedifferentpromotional strategiesthatPanteneusetosalethere offerings.Theypromotewiththehelpof television, social media etc. They target the young women with the help of different ads on entertainmentchannelswiththehelpof differentcelebritiesasambassadorsofits products(Prange, 2016). 4
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televisionchannels,radio,newspapersetc. H&S makes its customers attracted towards the brand. CONCLUSION AND RECOMMENDATIONS From the above study it is been analysed that H&S and Pantene apply the 4P's differently and on bases of there customers needs and wants. The Head and Shoulders is required to work on the product differentiation as they have created there image as a solution of dandruff problem and there is requirement to make its offering differentiable in market. Pantene is working effectively with respect to its offering and distributes its offering with different distribution channels. They apply these 4P's according to there offerings and different strategies helps the brands to bring together different concept of marketing. From the above study it is been analysed that Pantene is more successful in its application of 4P's as they effectively use different strategies in making there offerings attractive in eyes of the customers. H&S can improve the use 4P's by changing there product image and Pantene is required to work with respect to the use of digital technology in its business. 5
REFERENCES Books and Journals Andaleeb, S.S., 2016. Market segmentation, targeting, and positioning. InStrategic marketing management in Asia: case studies and lessons across industries(pp. 179-207). Emerald Group Publishing Limited. Camilleri, M.A., 2018. Market segmentation, targeting and positioning. InTravel Marketing, tourism economics and the airline product(pp. 69-83). Springer, Cham. Choi, C.S. and Kim, K.H., 2015, June. Marketing management in social network platforms: segmentation, targeting, and positioning. In2015 Global Fashion Management Conference at Florence(pp. 97-102). Chong, T.T.L. and Poon, K.H., 2017. A new recognition algorithm for “head-and-shoulders” price patterns.Studies in Nonlinear Dynamics & Econometrics,21(5). Jain, A. and Sharma, R., 2019. Flagship, Flanker Brands and Indian Consumers' Buying Decisions: A Study on the Impact of Brand Narratives of Hindustan Unilever Limited and Procter & Gamble.IUP Journal of Brand Management.16(1). pp.34-53. Jaiswal, A.K. and Gupta, S., 2015. The influence of marketing on consumption behavior at the bottom of the pyramid.Journal of Consumer Marketing.32(2). pp.113-124. Kotler, P. and et.al., 2015.Marketing. Pearson Higher Education AU. Prange, C., 2016. Marketing Decisions in China: Positioning, Branding, Marketing Mix. In Market Entry in China(pp. 17-25). Springer, Cham. Sinapuelas, I.C.S., Wang, H.M.D. and Bohlmann, J.D., 2015. The interplay of innovation, brand, and marketing mix variables in line extensions.Journal of the Academy of Marketing Science.43(5). pp.558-573. Triana, S.H., 2016.THE EFFECT OF MARKETING MIX TOWARD BRAND AWARENESS OF PANTENE SHAMPOO (A STUDY CASE OF PANTENE SHAMPOO AT CAREFOUR HYPERMARKET, KOTA KASABLANKA)(Doctoral dissertation, President University). Vinuales, G. and et.al., 2019. DESCRIPTION AND EVALUATION OF AN INNOVATIVE SEGMENTATION, TARGETING, AND POSITIONING ACTIVITY USING STUDENT PERCEIVEDLEARNINGANDACTUALSTUDENTLEARNING.Marketing Education Review.29(1). pp.24-36. Zia,M.andKumar,N.S.,2016.AThreeDimensionalVerticalDifferentiationModel: Implications for Segmentation, Targeting and Positioning.Targeting and Positioning (April 3, 2016). Online Marketing. 2019. [Online]. Available. Through<https://www.thebalancesmb.com/marketing-in- business-2948349> 6