Principles of Marketing: Head & Shoulders vs Pantene
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This report analyzes the marketing mix of Head & Shoulders and Pantene shampoos, including target market, product/brand, price, place, and promotion strategies. It concludes that both brands have a strong presence in the market and use a combination of traditional and modern marketing techniques to reach customers.
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Principles of Marketing
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EXECUTIVE SUMMERY The report summarise information of marketing mix, which is require to be followed in order to establish a product within the target market. Marketing mix involve pricing, place, product and promotional techniques as well. The pricing strategy of Head and shoulder is penetrative that attract premium customers. On the other hand, Pantene follows competitive pricing policy that help in attracting large market share. It is important for both the brands to have effective promotional strategies and ensure that demand of product is met with customers in an effective manner. 1
INTRODUCTION Marketing is referred as a process of communicating message in market about the products and service offered by an organisation. Along with this, it is a way of creating awareness and promoting brand in market in an attractive and proper manner as well. Marketing mix is a tool that assist an entity to influence customers to purchase their product that leads to raise in profitability of company(Armstrong, 2018). The objective of present report is to conduct in-depth study of two brands that isHead and shoulders&Pantene Lady’s shampoo. In addition to this, the report discuss about analysis of marketing mix of both the brands in an effective manner. Head and shoulder is an American brand that offer non dandruff and anti dandruff shampoo that is produced by parent company P&G. The company was established in year 1961 and its head office is located in USA. Pantene is a Swiss former brand that mainly consist of hair care brands. The headquarter of Pantene is located in the confines of USA & its parent company is Procter & Gambler. In the present time, it is determine that Head & Shoulders holds a market share of around 9% whereas Pantene posses with 14% of market share. FINDINGS Target Market It is defined as a group of customers which are most likely to purchase goods and service offered by an entity. The target market include breaking of segments and the putting marketing efforts in order to attract them and influence to purchase product of company. Head & Shoulders Shampoo and Pantene Lady's Shampoo both is famous in the hair care (shampoo) sector. It is determine that both the brands has different target markets and according to it marketing strategies is developed by company. The target market of both the brands is discussed below: Head & Shoulders ShampooPantene Lady’s shampoo The brand target people who belongs from the upper middle class & elite class of society. It is determinethatpeoplefromsuchclassare concerned towards their health and are early Comparing it with the Head and shoulders, the target market of Pantene shampoo is women belong from mid to early 40s. The brand is leadinginmarketasahaircarequality 3
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adopters, which is the main reason of choosing thistargetmarketbybrand.Thebrand emphasis on targeting belongs that is come under the age group of 23-36 as it is analysed thatthispeopleareusuallyaffectedby dandruff(Suryawanshi, 2020). By the passage oftime,thebrandisundertakingsome innovation in order to offer significant and unique features such as hair fall therapy & volume boost for individuals belonging from younger age segment. product. It is determine that a good looking hair develop a sense of confidence in women’s which is the main reason to target this segment. It is analysed that most of its commercials focuses on providing both men and women shampoousinghaircareproducts.Pantene target women who are facing issues associated with hair and looking for solution to make their hair string and beauty last longer. Product/Brand Head & Shoulders Shampoo:It is determine that it consist of wide variety of products that is offered globally. The main objective to offer hair care products is to provide solution to people associated with dry scalps, dandruff, hair fall, itching scalps and so on. There are various categories of shampoo that are offered by brand that is Anti Dandruff lemon fresh, smooth and silky, cool menthol, Silky black Anti dandruff and many more(Tontuș,2018). It is determine the brand has high number of loyal customers which is the reason of its success at marketplace. The main objective of brand is to focus on developing shampoo that help in removal of Dandruff. In order to make changes and attract more number of people towards brand, a new product has been launched and offered and is regarded to recyclable bottle of shampoo that is made of beach plastic(Kupec, 2018). It is determine that brand belief in providing attractive packaging, which plays vital role to agree customers to buy its product only. The brand is decided to decline weight of its package by 25% and it is analysed that Head and shoulder shampoo holds dimension such as honest, flourishing, updated and sophisticate. Pantene Lady's Shampoo:Pantene is a famous brand globally and is endorsed and suggested by renowned personalities and celebrities as well. It consist of number of categories such as Pro-v Moisture renewal, Pro-v silky smooth, Pro-v nature smoothing, Pro-v long black, Pro-v lively clean and so on.By having a large variety of products, the brand is able to attract more number of people and enhance their customer base level in an effective manner. In the 4
present, it is added new product in the broad portfolio that us waterless collection. One of the essential factor that brand consist is vitamin Pro-y that persist in all company offerings. The company is looking forwards to change its packaging and to make it attractive so that it can look more shinier, brighter and many more. The brand is also try to change the shape of its bottle in order to appeal people to consume its product. As per the five dimensions of Aaker’s personality model, it is analysed that dimensions present in brand tends to make it charming, imaginative, tough, intelligent and down-to-earth. Price Head and Shoulders Shampoo:It adopt penetrative pricing strategy in order to grab attention of all segments prevailing in society. It is the determine that offering economic pricing feature influence customers in an effective manner to purchase its product(Chaffey, 2019). In addition to this, it provide different sizes of shampoo that is easy for customers to purchase as per their need and budget as well. In case ofPantene Lady's Shampoo, it make use of competitive pricing strategy that is setting price after analysing the price offer by its competitors in market. It help in gaining attention of large number of people that has positive impact on sales and profitability of an organisation. In addition to this, Pantene offer shampoo in different sixes and provide discount offers on big size shampoo. By the assistance of this, Pantene is able to increase its sales and strengthen its market position at global level. Place Head and Shoulders Shampoo: The brand has global presence and make use of distribution channels, which is a traditional manner of FMCG marketing(Chernev, 2020). It is determine that Head and Shoulders is existence in almost every supermarket and local shops. In addition to this, it is analyse that it is also available at online platforms that help in reaching people globally. Pantene Lady's Shampoo: The brand follows similar strategy as Head and shoulders. It adopt omni channel distribution strategy, which integrates brick & mortar style operations by offline manner. It help brand to ensure that product is available by distributors where it is needed. 5
Promotion Head & Shoulders Shampoo: The brand is totally rely on marketing department for implementation of promotional strategies(French and Gordon, 2019). It is determine that it make use of both modern and traditional ways of promoting brand such as advertisement, billboards, posters, social media and so on. In addition to this, the brand also conduct marketing campaign that help in reaching large number of people and attain competitive advantage at marketplace. Pantene Lady's Shampoo:The brand make use of various promotional strategies such as conducting exhibitions, promotional events, marketing campaign, personal selling in order to maintain effective relation with customers globally that has positive influence on buying behaviour of customers towards brand. It is determine that Pantene mainly uses modern marketing techniques that help in reaching more number of people and increase its profitability level in an effective manner. CONCLUSION From the above discussion, it has been concluded that both the band has name in the market within shampoo sector. It is determine that portfolio of Head & shoulders and Pantene is quire distinct that is the main reason of its gaining of leading position within the market. In addition to this, Marketing mix is a tool that help an organisation to influence customer to purchase their product. Nowadays, companies are shifted from traditional approach to new way of promotion such as using social media application like Facebook, Instagram, Twitter and so on. It help company to reach large number of people and enhance their sales and profitability level in an effective manner. 6
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