Table of Contents INTRODUCTION...........................................................................................................................3 Segmentation, targetting and positioning...................................................................................3 Identification of USP...................................................................................................................4 Existing advertising.....................................................................................................................5 Media consumption characteristics.............................................................................................6 Decision making is one of the aspects of consumer behaviour that can influence advertising and media....................................................................................................................................7 CONCLUSION................................................................................................................................8 REFRENCE.....................................................................................................................................9
INTRODUCTION Every organisation exist for the purpose of earning money by satisfying customer needs through a product which is a item offered to the people for sale. Each product is designed by keeping the needs and demands of the customers because every customer has different taste and preferences regarding the product, purchasing behaviour, etc. which influences the people to buy product. This report will explain the comparison of two shampoo products by identifying and analysing their segmenting, targeting and positioning strategies. It will also focus on their USP and existing advertising(Armstrong and et. al., 2015). This will also determine the media consumption characteristics of the target market. It will consider the aspects of consumer behaviour which can influence the advertising and media consumption. Segmentation, targetting and positioning. The two brands of shampoo product in UK are Dove shampoo and garnier shampoo. Their segmentation, targeting and positioning is discussed below : ï‚·Segmentation: It is the process of segmenting or dividing the market into smaller groups such that it can identify and classify the product according to the needs, demographics, location or any other criteria. The main motive behind this is to group all those people together who shares similar characteristics, behaviours and needs(Baker, 2014). ï‚·Targeting: At this stage, the appropriate target market is determined which needs to evaluated in terms of attractiveness of each segment. It includessizeof criteria, differences, money aspect, accessible and focuses on different benefits. ï‚·Positioning: This is very crucial because effective positioning helps in appealing the product, services or brands to the target audience(Foxall, 2014). This positioning must be done in a way that creates value offerings. Brand of shampooSegmentationTargetingPositioning DoveOnthebasison demographicsithas beensegmentedby Ittargetsparticularly the women of all age groups,sizesand Doveshampoosare positionedasa personalcarebeauty
focussingonthe gender and age factor. Itemphasiseson women above 18 years ofage.Andwomen whohavehigh purchasing power and belongtoupper middle class. shapes.Theyhave greatemphasison womenwhoare working. product. And uses its high moisture content todifferentiateitself from its competitors. GarnierIt has been segmented onthebasisof demographicsby targetingmenand women both. Then on the basis of age group ithassegmentedthe marketliketeenager shampoowhichis basicallyforchildren of age group between 5-14. Their target market is workingwomenof middleagegroups. But later on they have targettedtheentire areabyproviding differentshampoo productsandfeatures dependingonthe needs and demands of the man and women. Theyhavehired celebrity stars in their advertisementsto positionedthemselves differently. Apart from this,theyhave positionedthemselves as affordable skin care andhairsolutions whicharemeantfor value for money. Identification of USP. USP is the unique selling point ofparticular product or service which can be used in advertising to show how the one product id differentiated from another and better than their competitors in the market(Hasan and Ali, 2015). These features can be in terms of lowest cost, highest quality, innovative feature, etc. A successful USP gives an assurance of aclear articulated benefits to the customers. So therefore, USP of the two shampoo brands are discussed below : ï‚·USP of Dove: Their unique selling point is that they provide deep moisture for dry hair.
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USP of Garnier: Their USP is shampoo plus oil which eliminates the need of two separate hair care routine or long and strong hair. Existing advertising. This is concerned with the current advertising tools used by the companies for promoting their products in the market which will be useful in making people aware about the new products, modification in the existing products like colour, packaging, etc. For this purpose, the two brands uses different adversing promotions and they are discussed below : Dove shampoo Advertising promotions used in dove are : Television: It is the most widely used tool of promotion as it targets the large pool of population at once(Kotler and et. al.,2015). This provides the ability to communicate about the products, its features, sound and emotions. It provides an opportunity for presenting the advertising message. Radio: It is also effective and strong means of promotion used by the company. It enables the benefits of cost effectiveness in advertising, definable target market based on formats, offers flexibility and short lead of time, and its portable nature makes it easy to carry anywhere and anytime. Internet: With the changes in the dynamic business scenario, company has started using internet advertising by targeting maximum number of customers(Kotler and Armstrong, 2015). This platform, makes promotion easy for any product and services and provides efficiency in cost. Internet advertisements provides an edge of competitive advantage to the firms. Garnier shampoo Advertising promotions used in garnier are discussed below : Viral policy or strategy of marketing: Under this strategy, the customer were encouraged and motivated to pass the marketing message of the products. This has a favourable influence about the product on the mind of the customers. So for advertising, the Garnier uses number of models, actors, celebrities who represents the young and fashionable generation(Öztamur and Karakadılar, 2014). Social media and internet: Social media and internet marketing are the buzzword in today's marketing world for increasing sales and profitability. It provides an edge of
effective brand recognition and increases brand awareness. As it is the widely used network by maximum number of people so, it improves audience insights and customer services. This is also useful in enhancing the customers towards the brand by involving them. ï‚·Hoardings: This is the very effective tool of promotion used by the company and also known as bill board advertising. They are basically the large poster which are displayed on roadside to attract the attention of people. As it is huge and eye catching so it provides easy visibility to the people(Schmidt Spann and Zeithammer, 2014). It is place in a area which is chosen by the company to target a particular group of people. The location and unique design of the hoarding helps in maximising sales and converting an audience into loyal customers. Media consumption characteristics. ï‚·Television commercials-There are variouspositive as well as well as negative effects of media consumption. Popular brands displaying their advertisement between famous tv serials running on famous channel in the duration of 5pm to 11pm. Distribution of pamphlets, usage of banners and posters on streets are it's main media consumption characteristics. Television mode of media can have positive effects on women as when they see a tv commercial they feel the need to buy product.Advertisement like doves hair care creates desire amongst women to have same healthy and bouncy hairas shown in the advertisement. The Dove real beauty campaign used regular women instead of models to attract viewers attention. ï‚·Social Media- Impact of social media is high these days. Many youngsters are prioritizing online shopping over traditional shopping. Ads on Instagram YouTube are part of digital marketing techniques used by the companies. Conducting small surveys before playing videos and advertisement in mobile phones are social media consumption characteristics. Young girls follow fashion blogger promoting a certain brand is one of the famous feature of this type of media. Consumer buying behaviour: In recent time it has been observed that companies are more focusing on consumer buying behaviour so that advertising and media consumption of company is changing time to time.
Decision makingis one of the aspects of consumer behaviour that can influence advertising and media. When consumer decides to acquire product that can satisfy his need will lead him to visit places and collect information related to product before taking the judgement to buy it. He may use multiple media channels to gain knowledge about the product. There brands like Dove and garnier should display complete information about products on various channels. External Influencesare the factor which are outside the control of consumer. Customers income, society, fashion trends can also impact their decision to buy product or not. Like decrease in income of an individual will stop him to buy expensive products. Buyers social status will affect his way of lifestyle. Family of an individual can create certain misconceptions in his mind about product. Buying situationsare related to customers problems associated with their timing issues, risk attached to using it or the lack of interest in the product. In such cases customers needed to be persuade more. The companies has to make extra effort to promote their products.
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Marketing aspectsensure customers about the usage and features about product's. It is used to communicateaboutbrand'sidentityandimage.Theadvertisementoftendisplay misrepresentation of product's quality which consumers find frustrating. This tool needs to be used by companies more effectively in order to convince them. During festive season customers are more inclined to buy(Zeriti and et. al., 2014). This helps to generate more sales of product. The companies take extra measures to market their brand on various platforms. Cultural influence: It is a very involved content of human behaviour it exclude the human order, the roles that the society plays, the behaviour of the society, its values customs and traditions. Culture needs to be examined as it is a very important factor that influences consumer behaviour. CONCLUSION From the above report it has been concluded that the business strategies plays a very important in effective marketing of the products and services which makes them unique and different fromitscompetitors. Thisreporthasemphasisedon segmenting,targetingand positioning strategies of the two brands so that it gives clear understanding that every company has different set of strategies. Its has also focussed on USP of the companies which makes it easy to differentiate them from other companies. By analysing the use of existing advertising methods used by the companies, it depicts the benefits of how those promotional tools are helpful in targeting people. Then it explains the different perceptions, buying behaviour and needs of people which makes influences their impact towards the products through advertising and medis consumptions. 8
REFRENCE Books and Journals Armstrong and et. al., 2015. Marketing: an introduction. Baker,M.J.,2014.Marketingstrategyandmanagement.MacmillanInternationalHigher Education. Foxall, G., 2014.Corporate Innovation (RLE Marketing): Marketing and Strategy. Routledge. Hasan, Z. and Ali, N.A., 2015. The impact of green marketing strategy on the firm's performance in Malaysia.Procedia-Social and Behavioral Sciences.172.pp.463-470. Kotler and et. al.,2015.Marketing. Pearson Higher Education AU. Kotler, P. and Armstrong, G., 2015.Principles of Marketing-Global Edition. Pearson. Öztamur, D. and Karakadılar, İ.S., 2014. Exploring the role of social media for SMEs: as a new marketing strategy tool for the firm performance perspective.Procedia-Social and behavioral sciences.150.pp.511-520. Schmidt, K.M., Spann, M. and Zeithammer, R., 2014. Pay what you want as a marketing strategy in monopolistic and competitive markets.Management Science.61(6). pp.1217- 1236. Zeriti and et, al., 2014. Sustainable export marketing strategy fit and performance.Journal of International Marketing.22(4). pp.44-66. 9
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