University Report: Dove Toothpaste Brand Extension for MG412 Marketing
VerifiedAdded on 2022/09/08
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Report
AI Summary
This report examines the brand extension of Dove, a Unilever personal care brand, into the oral care market with the introduction of Dove toothpaste. The report details the application of Segmentation, Targeting, and Positioning (STP) strategy, focusing on middle and upper-income consumers aged 10 and above. It outlines a product development strategy based on the Ansoff matrix, specifically a category extension strategy leveraging Dove's established brand value across more than 150 markets. The report emphasizes the importance of integrated marketing communication, traditional and digital marketing techniques, and thorough market research to understand specific consumer needs. It also addresses pricing, distribution, and the formation of an effective sales and marketing team to ensure successful product development and market penetration, including a review of market competition. References to academic research and market data are provided to support the analysis.
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