This report discusses the marketing strategies of Dove and Sure deodorants, including target market, product features, pricing, distribution channels, and promotion. It also explores the principles of marketing and the importance of the marketing mix.
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Principles of marketing
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EXECUTIVE SUMMARY Present report include discussion on marketing mix that aid organisation to introduce their product in target market. Dove undertakes pricing strategy of value-added in order to attract large base of customers. While Sure usemoderate pricing policy in order to gain more market share. Product that Dove offer is sophisticated and attract large base of customers while Sure have colourful packaging, design and shape that allow them to gain popularity. In addition with this, it has been determined that before adopting market mix company is required to implement effective marketing plan.
INTRODUCTION Marketing is termed as a process of creation, communication, delivering, offering and exchanging that have value for consumer, society, client and partners at large (Ärlestig, Day and Johansson,2016). It is a formative process of creation relationship among customers and business unit by offering them qualitative products and services according to their need and demand. In this report formative discussion has been made on marketing strategy of Sure and Dover deodorants for women. In order to evaluate market analysis principles of marketing has been discussed. In addition with this, Aaker's brand personality framework as well asLevitt's model of brand have been undertaken as to effectively make calculation of marketing strategies for both brand. FINDINGS Present report include Sure and Dove competitive analysis as to effectively evaluate their market strategies. Dove a personal care brand which is mainly undertaken by Unilever and situated in IK 1995. Company offer their services and products in 80 more than countries along with having different types of product line segment. It has been further identified that Diver have market share holding of 3.5% in metros with having lead of 11.45% in Modern format. While, Sure which is a antiperspirant brand developed by Procter and Gamble in the year 1972. Further it has been evaluated that Sure is acquired byHelen of Troy Limited in 2010. Sure have topped as highest female selling deodorants in UK with having 73.6 British pounds in sales. 1. Target Market Target market is mainly a group of customers as well as organisations those who are mostly tend towards purchasing products and services that are being provided by an organisation. Target market mainly include breaking into portion and then making concentration of marketing efforts on single and more segments that consist of customers to whom organisation offer their products. 1
DoveSure Dove offer their deodorants mainly for women that targets all women that are in their target zone. In this company target women who can affordpremiumproducts.Doveoffertheir products at quite expensive range with best qualitythatmakethemcompetitivein marketplace. In addition with this, company segmenttheirtargetcustomerbyanalysing them on the basis of income level, lifestyles basis and class of women in country as it is mainlyaselfcareproductandisfurther included in luxury zone within countries (Suss, 2013). It has been identified that Sure deodorants hold high number of market share within UK in women deodorants segment. In addition with this,ithasbeenidentifiedthattargeted customers of company is women those who mainly belongs to diverse age group and are furtherattractedtowardsmoderateproduct range. Organisation attracts their customers by offering them multi products in different prices range. In this it is essential for company to attractwomenofdiverseagegroupwith effectivemarketingstrategiesthatfurther attractthemtopurchasetheproducts.In marketplace Davidoff, Nivea, deodorant stick, body hygiene are some main key players with UK market that offer women's deodorants. 2. Product It has been identified that in order to effectively attract customers towards organisational product offering both Dove and Sure need to effectively influence customer by offering them attractive appearance. For this company can make their product by implementing attractive shape, colour and package as to make product eye catchy. Dove- Dover offer it's product in decent packing with simple appearance and of high quality. According to Levitt's model of brand, product manly go through with four stages in its life cycle that include introduction, growth, maturity and decline (Marketing mix. 2019). This, it is essential for an organisation to have due understanding of these life cycle stage as to effectively introduce product in target marketplace. While accordance with Jennifer Aaker, there are mainly 2
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five dimensions to a brand personality that mainly includeruggedness, sincerity,excitement , sophistication, competence. It has been signified that Dove mainly have some of the qualities as this brand is sophisticate, Up-to-date, quite hones and successful. Sure- Sure offer their products with attractive packaging, shapes and colour that play key essential factors in order attract women customers in best effective manner. It has been signified that this product if Sure continuously lead towards grabbing attention of customers that further lead them to gain more market share along with growing opportunities. Product that has been offered by company is of small and compatible size which is handy and are easy to use. This makes them different from other competitors in within marketplace. If it is considered toAaker five dimensions of brand personality it has been signified that Sure deodorants have all dimensions within their product such ascharming and tough, down-to-earth, intelligent and imaginative. 3. Price Dove offer their products in a premium segment ranged product with marketplace, apart from that organisation hold well-integrated form of pricing strategies for their product that mainly covers keeping their pricing policy affordable reasonable but distinctive. By making comparison between dove and other competitors within marketplace, it has been determined that organisation mainly offer their products at high price range. While if it being considered, product that are being offered by Dove benefits them to overcome high prices along with making proper implementation of pricing policy in successful manner. Due to the impressive quality that has been offered by Dove, women willingly pay additional amount of personal care product range of Dove as to make effectively enhancement in their beauty. It has been identified that, Dove have undertaken value-added pricing policy for the product that they offer as customer mainly related high price with product quality. Sure engage in offering products in exquisite range and always focus on offering their perfect range of products within numerous form of price range. In many geographical locations pricing play key essential role as to make brand popular. In addition with this, it pricing strategy of company also benefit Sure to gain more competitive advantage as per compared to their competitors.Company have undertaken different types of pricing strategy within which they offer 1+1products are offered as bundles and price of bundles that mainly lower than price of 3
individual product. With the help of this pricing strategy Sure effectively lead towards capturing large market share that further benefits them to becomes largest women seller deodorants in UK. DoveSure Value-added pricing policyin orderto provide products at distinctive price. Moderatepricingpolicyastoeffectively attract large consumer group. Dove offer£ 3.5 for theirdeodorant in UK.Sure deodorant offer£ 2.8 for their deodorants in UK. 4. Place Dove- Dove conduct their functioning with having global presence at international marketplace. In addition with this, it has been determined that company is having wide spread network and have number of distribution and manufacturing channels that further benefit them to attract large base of customers. This has been identified that Dove products are sole in near about eight countries with having effective distribution channels. These channels include malls, retail stores, general stores and supermarkets. Thus, in this retailers hold main responsibility as to ensure that products are being served at all stores in best effective manner as to effectively fulfil business objectives in well defined manner. 97803 Sure- Products of Sure are being served at different types of location in various countries as well as regions and named as Rexona in certain countries. With having penetration both rural as well as urban areas Sure hold largest market share in UK along with having reliable and strong brand. It has been further determined that company is having strong marketing logistics network and mainly depend on distribution and location channels that helps in ensuring the availability of products at all grocery and supermarket stores (Krueger and Haytko, 2015).Sure effectively enlarge their market holding area by undertaking offline as well as e-commerce form of distribution channels. 5. Promotion Dove- 4
With the help of strong branding and advertising Dove have strong brand awareness. Marketing play key essential role in attracting large base of customers towards organisational offerings (Oplatka and Hemsley-Brown, 2012). In this promotion through social media, print media and television are the major sources that aid Dove to gain attention of large base of customers. In addition with this, with the help of unique promotional technique “seven days challenge for the product to the consumers “ Dove influence customers towards its product offerings. With the help of this strategy Dove capture reaction of customers after product usage that further get advertised. This significantly aid company to get positive influence from targeted customers. Sure- Quality of a product is only the factor that is essential for a brand to attract customers towards product offering apart from that the manner in which product get displayed and promoted in front of customers also play key essential role. In context with Sure it has been identifiedthatcompanyoffertheirproductbyundertakinguseofinnovativemarketing campaigns along with social media platforms. In addition with this, Sure offer their product with every possible price range which is affordable to every targeted group of individuals. CONCLUSION As per the above mentioned report it has been concluded that selection of target market and undertaking effective marketing principles play key essential roles for every business unit. In addition with this,“4 P's” of marketing also benefit company to make their product more marketable. Along with this, marketing mix also aid company to promote their brand uniqueness in order to ensure competitive position. 5
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