Principles of Marketing: Dove and Sure Deodorant Case Study
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This report analyzes the marketing mix of Dove and Sure deodorant, focusing on the 4Ps of marketing: Product, Price, Place, and Promotion. It also examines the target market of both companies and their marketing strategies.
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PRINCIPLES OF MARKETRING
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Target market of dove & sure deodorant.....................................................................................3 Product.........................................................................................................................................4 Price.............................................................................................................................................5 Place.............................................................................................................................................5 Promotion.....................................................................................................................................6 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................8
INTRODUCTION Principles of marketing involves all those guidelines that provides a base to the marketing strategies of the business in order to gain large market share in the market. The principles involve the 4Ps of marketing that is Product, Price, Place and Promotion. This report will illustrate the principle of marketing tat has been adopted by the Dove ans Sure company. Both the companies produces the product related to the deodorant for the women. Both of the companies has captured effective share in the market. Along with this, the report also shows that which company has adopted the effective marketing strategy. MAIN BODY Target market of dove & sure deodorant Target market refers to that market that has been targeted by the companies in order to gain the customers. (Zhdanova and et.al., 2017).The concept of target market is to provide focus on the selected consumers that has the high demand of that products that has been produces by the firm. Here is the targeted market of the Dove and Sure company: DOVESURE The dove is one of the biggest brand that producing the deodorant for the womenandgirls.Thecompany focusing on the females between the age of the 16 to 50 years. Theorganizationisspecifically focusingonthosefemaleswhoare highlyactiveonthesocialmedia. (ThabitandRaewf,2018).Andthe companyisapproachingthemby creating the website of the company and bys ending them e-mails. Theanotherwayoftargetingthe customers by adopting the concept of providing add on the television. Sure deodorant is manufactured by the Unilever company. The company is one oftheleadingfirmwiththelarge numberofconsumershareinthe market. The company has targeted the females around the age of 20 to 40. (Stead and Hastings, 2018).The major focus has been made on the women who has the desire of smelling good. The company has made the accounts on social media platform in order to target the customers and showing them the effectiveness of the product. It has been found from various studies
The Dove deodorant especially focus on the females that are doing job or studying in the universities. The buyer with all income level can buy the product. that the company is approaching the retainedcustomerswhoarealready using the products of the Unilever. The consumer with high income level can afford the product. Product Product refers to the final output that has been produced by the companies. The operational activities of the business organizations has been performed for the producing the final output of the company. This is the 1P of the marketing mix that focuses on creating the unique value in the product. Here is the product analysation of the Dove and Sure: DOVESURE The dove deodorant is available in the form of sprays, stick and roll-on. The differentvarietiesoftheproduct makingtheproductmoreattractive. The company is producing the products in different fragrance as well. Thedeodorantisavailableinthe different shades of the bottle. That is made up of circular shape. (Mahmoud, 2018).The complete detail in relation of the product has been available on the back of the bottles. The brand value of the product shows the unique value of the product and that isthatdovedeodorantprovidesthe long-lasting fragrance. TheproductoftheSurearenot availableinmorevarieties.The company is producing the roll-on and sprays. The packaging of the product is done on the form of bottles that is of square shape. (Kung, Wang and Liang, 2021). Theproductsareavailableinthe different fragrance. All the necessary details related to the product has been given on the back of the bottle. In order to create the brand value the company is approaching the customers through different social sites.
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Price This refers to the value that has been paid by the customers in return of the products. This is the final value of the output that has been sell by the company in the market. This is the crucial element as it has the power to attract the large number of customers. The pricing of the product has been decided after seeing many factors. Here are the ways under which the pricing elements of the Dove and sure has been decided. DOVESURE The company is highly concerned about theircustomersandtherefore,the company has adopted the concept of understanding the consumer behaviour and on the basis of that the price has been established. The firm has adopted the affordable pricingpolicy.Thisenablesthe consumer with all income level to buy the product. Thecompanyisprovidingquality product with the affordable price and thisisthebiggestbenefitforthe customers.(Yuliantine,Indasahand Siyoto,2018.).Therefore,thelarge numberofcustomersareattracted towards the company and buying the product of the company in high ratio. The organization has adopted the high pricingstrategyinordertoaddthe luxuryelementintheproduct.The company further focuses on the pricing of the rival firms in order to set the prices. The consumer with the high income prefer the product. As the prices f the products are high. The company is ensuring the quality of the product but along with providing thehighprices.(Ngaravaand Mushunje,2019).And therefore,the company is not able to attract the new customers for the sure deodorant. The firm has the sustained consumers. And they are consistently buying the product of the firm. Place This P of marketing refers to the placing the products at that place from where the consumer can get it easily. This element of marketing mix is accountable for making product available to the consumers. If the products are not available for the consumer then there is no sense of making the products. The major reason of producing the products is to enable the availability of the
goods so, the consumer can make purchase. Here are the ways in which the product element is performed by the Dove and Sure: DOVESURE In order to make products available for the customers the company has chosen thedirectandindirectchannelof distribution. Thecompanyhasapproachedthe differentwholesalers.These wholesalers purchase the products from the company and then sell it to the differentretailers.(Siripipatthanaku andChana,2021).Andthen,the retailers send it to the final consumers. The company has often approached the websitesinordertoincreasetheir online sales. The organization is providing effective services to the customers by making the products available at the places where the customers are scattered. Thecompanyhasalsoadoptedthe directandindirectchannelof distribution. The firm has appointed the differentwholesalers,andtheyare selling the products to the retailers. The company is not highly active on the online websites as compare to the Dove.(KalogiannidisandMavratzas, 2020). The company has its own website but, mostofthetransactionsaremade offline by the firm The firm has its independent stores for sellingtheproducts.Thisresultsin increasing the cost of the products. Promotion This refers to those tools and techniques that results in attracting the large number of customers towards the organization. The promotional tool helps in increasing the market share of the company. Here are the promotional tools that has been used by the Dove and Sure company: DOVESURE Thecompanyisusingtheeffective promotional tool in order to attract the The firm is using the public relation strategy in order to attract the large
largenumberofcustomers.The organization has launch various kind of advertisement in order to make aware customers about the product. The firm has often launched the public relation programmes under which the company interacts with the customers. The best part about the Dove deodorant is that, the advertisement that has been provided by the company includes the femalesofallskincolour.(Kareh, 2018).This is one of the social value thathasbeenperformedbythe company.Thisshowsthatcompany does not follow the racism. number of customers. The firm often doingcharity. In special occasion the firm provides the discount on their products. Therearevariouspublicawareness programmes has been launched by the company. (Bahl and Chandra, 2018). The firm does not believe in spending moreamountofadvertisingthe deodorant. On the basis of the comparison it has been analysed that the, Dove deodorant company has been proven effective enough in terms of performing their marketing strategy and understanding the needs and demands of the customers. CONCLUSION From the above report it has been concluded that the marketing mix plays an important role in gaining the large share in market by the companies. All the 4Ps of marketing plays the effective role in the implementing the effective strategy for the firm. The report also describes the marketing strategy of the dove and sure and this has been found that the dove company has been proven effective enough in adopting the marketing strategies. As the major focus of the company has been made towards the consumer and therefore, the company has attracted the large number of consumer in the market.
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REFERENCES Books and Journals Bahl, S. and Chandra, T., 2018. Impact of Marketing Mix on Consumer Attitude and Purchase intentiontowards'Green'Products.AJournalofresearcharticlesinmanagement science and allied areas (refereed).11(1). pp.1-11. Kalogiannidis, S. and Mavratzas, S., 2020. Impact of marketing mix strategies effective product development issues in MNCs/Retail.International Journal of Business Marketing and Management (IJBMM).5(12). pp.118-125. Kareh, A., 2018. Evolution of the four Ps: Revisiting the marketing mix. Kung, M.L., Wang, J.H. and Liang, C., 2021. Impact of Purchase Preference, Perceived Value, andMarketingMixonPurchaseIntentionandWillingnesstoPayfor Pork.Foods.10(10). p.2396. Mahmoud, T.O., 2018. Impact of green marketing mix on purchase intention.International Journal of Advanced and applied sciences.5(2). pp.127-135. Ngarava, S. and Mushunje, A., 2019. Marketing mix strategy determinants in pork-based agri- businesses: Experiences from Zimbabwe.Acta Commercii.19(2). pp.1-9. Siripipatthanakul, S. and Chana, P., 2021. Service Marketing Mix (7Ps) and Patient Satisfaction inClinics:AReviewArticle.InternationalofTrendinScientificResearchand Development. 5 (5). pp.842-850. Stead, M. and Hastings, G., 2018. Advertising in the social marketing mix: getting the balance right. InSocial Marketing(pp. 29-43). Psychology Press. Thabit,T.andRaewf,M.,2018.Theevaluationofmarketingmixelements:Acase study.International Journal of Social Sciences & Educational Studies.4(4). Yuliantine, T., Indasah, I. and Siyoto, S., 2018. Analysis of marketing mix characteristics of marketing factor 7P (Product, Price, Place, Promotion, People, Process, Physical Building) to patient satisfaction of inpatient patient hospital Muhammadiyah Ahmad Dahlan Kediri City.Journal for Quality in Public Health.1(2). pp.50-57. Zhdanova and et.al., 2017, December. Using modern information technologies in product promotion.InPerspectivesontheuseofNewInformationandCommunication Technology (ICT) in the Modern Economy(pp. 593-601). Springer, Cham.