Comparison of Marketing Strategies: Pantene vs Head and Shoulder
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This report compares the marketing strategies of Pantene and Head and Shoulder, including target market, product and brand values, pricing, distribution, and promotional strategies.
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PRINCIPLES OF MARKETING
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Table of Contents EXECUTIVE SUMMARY-............................................................................................................3 INTRODUCTION-.........................................................................................................................4 FINDINGS.......................................................................................................................................4 Comparison of target market.......................................................................................................4 Products and brand values comparison........................................................................................5 Comparison of Price....................................................................................................................5 Evaluation of Place (Distribution)...............................................................................................7 Comparison based on promotional strategies of brands..............................................................7 CONCLUSION AND RECOMMENDATIONS-..........................................................................8 REFERENCES................................................................................................................................9
EXECUTIVE SUMMARY- The current report is based on Pantene and Head and shoulder marketing mix strategies in which they have been select different elements for their products. The aim of this research is to identify the impact of elements chosen by each brand. In this study secondary method has been used that provide appropriate findings and draw final conclusion.
INTRODUCTION- Principles of marketing is based upon marketing plan or ideas of organization use for effective selling strategy, the principles based upon which product promotion strategies business build. Organization will use marketing principles for effective advertisement for their products or services (Subbaiah and Bharathi, 2017). The present report is based upon head and shoulder and Pantene brand, Head & Shoulder is American brand of non dandruff and anti dandruff shampoo, they provide the best products to their consumers within marketplace. They lead in hair care sector with more than 20 % of market share, organization spread their business in all around the world by following the trends in sales. Along with this, Pantene is another brand they have 8.2 percent market share in industry. The aim of this study is to define the `comparison of target markets between both companies and explain possible suggestions for each brand. FINDINGS Comparison of target market BasisHead and ShoulderPantene Target marketIt is one of the leading brand in the world, they considered as most trusted company in hair care industry. Organization target their marketbasedontheirageandpersonal disposable income.Middle classpeople are the target market of H&S as compare to Pantene, because they are brand conscious and early adopter (Srivastava and Singh, 2015). Middle class consumers wants good quality of products with affordable price, they care about health of their hair but not been able to buy expensive goods for same. Firm targets consumers of middle age men having dandruff and scalp issues that reduce hairgrowth.Middlesclassindividual mostly have some skin issues that affects on Pantene targets consumers as comparetoH&Sisquite differently,theytargetupper andmiddleclassgroupsof peoplewhether,headand shouldermostlyfocuson middles class personal. They targetconsumershoware lookingforaffordablehair care goods and treatment, they usedpsychographic segmentation to target clients withcertainaspirationand lifestyles with respect to hair (Mendes, 2016). Before target markettheyconsiderthe
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their scalp, the benefits of targetting these people as results in increasing profitability andproductivityofbusiness.Insimple words,headandshoulderused demographicsegmentationoftarget market that is totally different from other brand in same industry in which age and income level of people are measured. lifestyleofconsumersand theirhobbieswhichisquite beneficialforofferingbrand products. Products and brand values comparison Levitt's model is based on product idea as stratification of level, individual upper stage contains previous level. This model defines 5 level that will focusing by each brand for their specific products. Head and shoulders started with gamble and proctor scientists spending many years finding the magical solution to solve increasing issue of dandruff (Trang, Lumanauw and Dinggon, 2015). They use zinc pyrithine in their magical formula to solve the scalp and hair fall problems of people. It is quite effective against dandruff due to their unique anti fungal properties. The shape of shampoo bottle is too simple and easy to hold in hands, at emotionally level shape of goods attract middle class people the most because they mainly consider the packaging of products that helps to identify its cost and worth. The packaging of product is always similar, but this brand offer different types of shampoos to reduce hair issues, includes anti hair fall, lemon fresh, cool blast, smooth and silky and dry scalp care with almond oil. By comparing Pantene shampoo products to H&S, there are some differences has been determined. The packaging of bottle is presented with different labelling, and company use many colours to make it more attractive rather than the previous one. It is different from functional level because they are centring on making products attractive less than solving issues of hair fall in men and women along with this Pantene shampoo is manufacture for women's instead of men. Aaker' brand personality model is the best framework describe traits and profile of brands in five dimensions such as ruggedness, sophistication, competence, excitement and sincerity. Head and shoulder will followsincerity personalitybecause they are honest, cheerful and down to earth. On the other hand, Pantene followsophistication personality.
Comparison of Price BasisHead and shoulderPantene Pricing strategyThisbrandalwaysbeen pricing their hair fall shampoo competitivelykeepingin thoughtstheirclosest competitor Pantene and others. Theyareusingpenetrating pricing strategyas compare to Pantene brand, that helps to sell high volumes and support to reach at wider consumers base effectively. According to this pricing strategy, company retaintheirpotential consumers and able to attract thenewonestowards purchasing goods (Lotfizadeh and Lotfizadeh,2015). The productsofthisbrandis availableinmarketwith different sizes ranging from 3 ml pouches to 675 ml bottle. It makes business accessible to several kinds of users who are abletobuyquantities accordanttotheirneeds.In addition to this, H&S also does promotionalpricingintheir marketing mix specially during summerswhentheyoffer This brand set different pricing strategyfortheirlady shampoo,theyadopt competitivepricingstrategy. Byadoptingcompetitive pricingpolicy they keep their productspricesatparwith goodspricesoftheir competitors in market. As they offer the best value for same price range it makes them able toenticementinnew consumers(Muhtadinand Djatmiko, 2018). In order to retainconsumersmostly femalebrandofferperiodic discountsthatisquite beneficial for them, they also offer free small sashes with big bottle of shampoo. Along with this, Pantene adopt some time valuepricingstrategyat periodicintervalstoadjust with prevailing local situations and buying power of specific place.
discounts on each of its goods, it will further increase market shareandleadstohigh revenues, Evaluation of Place (Distribution) Head and Shoulder is successful brand in the world, they established itself as reliable and trusted brand in all over the market. Meanwhile, company capture market and spread their presence in different nation across the globe. H&S hair fall shampoo is mass product that is produced and designed for selling to broad number of people, being subsidiary of P&G, they enjoy benefits of having strong distribution channel, the products of this brand travel from factory to supplier to whole seller to retailer and at last to customers (Ling, Robbins and Hines- Martin, 2016). The shampoo is available at supermarkets, hypermarkets, general stores, online sites and local market easily. As compare to the distribution plan of H&S, Pantene chose the best place for their goods, as they have excellent distribution network around the world due to their wide range of goods portfolio and expertise. The aim of this brand is to make assure that their products is assessable at maximum number of modern retail outlets and super market (Chen, 2015). From production plant their goods go to forwarding and carrying agents. From there they go to local stockist to wholesalers and retailers and then finally reach at end to clients that increase the cost of products due to large supply chain procedure. Comparison based on promotional strategies of brands Success of H&S like other firms depended on their marketing team, the organization launched many creative, aggressive, informational and campaigns to maintain and create brand visibility in target market. As compare to Pantene, head and shoulder usedtelevision channels, magazines and own websitesfor marketing their products that help to reach business at target market effectively. The advertisement came up on various media source like television and posters thorough which they set the good image of brand in mind of consumers better than any other company within industry. Marketing team of H&S create the best and accurate message of business for their products that easily set position in mind of its target consumers as affordable. This brand is marketed their tag line which is considered as great example of anxiety selling used
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by organization to drive their sales by playing on fear of effect addressed by goods. With time, clients begin to recognize head and shoulder as quality and trustworthy brand in market. By comparing with H&S, Pantene coversall aspects of marketingin their marketing mix like social media and mobile as the best marketing tools. It helps to connect with target market and make easy for them to communicate with potential audience effectively (Triana, 2016). The promotional plan or ads of goods is being telecasted on movies and entertainment channels that set position in mind of consumers as luxury brand. CONCLUSION AND RECOMMENDATIONS- From above, it has been concluded that head and shoulder and Panetene brand applied 4 ps of marketing mix affectively, in order to retain consumer with them for longer and increase profit margin rather than before. They chose the strategies according to target market procedure. H&S is one of the brand that gain success in application of price, product, promotion and place of marketing mix, by using these elements both brands improve their operational efficiencies. Recommendation- Head and shoulder recommended adopting digital marketing tools for promoting their brand in market. Moreover, it is also suggested Pantene to use older methods of communication along with new ones.
REFERENCES Book and Journals Chen, A.C.H., 2015. Strategic Standardized Marketing in Asia Pacific Region. InProceedings of the 1997 World Marketing Congress(pp. 175-179). Springer, Cham. Ling, J., Robbins, L.B. and Hines-Martin, V., 2016. Perceived parental barriers to and strategies for supporting physical activity and healthy eating among head start children.Journal of community health.41(3). pp.593-602. Lotfizadeh, F. and Lotfizadeh, F., 2015. Comparing High-involvement and Low-involvement Products: Brand Perspective.International Journal of Management, Accounting & Economics.2(5). pp.404-413. Mendes, M.D.O., 2016.The effect of social media and celebrities on Millennials’ Consumers: the Pantene example(Doctoral dissertation). Muhtadin, M.S. and Djatmiko, T., 2018. Pengaruh Brand Ambassador Terhadap Brand Image Shampo Pantene Di Bandung.eProceedings of Management.5(2). Srivastava, A. and Singh, V., 2015. Augmentation of Promotion Sensitivity For FMCG in India.International Journal of Advanced Research in Management.6(1). pp.28-37. Subbaiah, P.V. and Bharathi, P.C., 2017. Rural Marketing Strategies and its Influences on buyingBehaviorofSelectedHindustanUnileverLimited(HUL)Productsin RayalaseemaRegion.InNationalConferenceonMarketingandSustainable Development October(Vol. 13, p. 14). Trang, I., Lumanauw, B. and Dinggon, M.R., 2015. Pengaruh Bauran Pemasaran, Celebrity Endorsment dan Gaya Hidup terhadap Keputusan Pembelian Smartphone Samsung Galaxy pada Mahasiswa Feb Unsrat Manado.Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi.3(3). 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). Online MarketingmixofPantene.2019.[Online].Available through:<https://www.marketing91.com/marketing-mix-of-pantene/>