Nivea Cream: Comprehensive Analysis of Market, Segmentation, Mix
VerifiedAdded on 2023/04/05
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This report provides a comprehensive analysis of Nivea Cream, a personal skincare product by Nivea, focusing on its market trends, key competitors, and opportunities. It delves into major concerns identified through surveys, including skin issues, product usage, and changing skincare habits. The report further examines the segmentation, targeting, and positioning strategies for Nivea Cream, emphasizing demographic segmentation targeting middle-class women with a focus on UV protection and anti-aging benefits. The cream is positioned for "Gentle Care" and "Wellness." Finally, it outlines the marketing mix, including product, price, place, and promotion, and concludes that Nivea Cream is poised for success in the growing skincare sector, especially with its natural ingredients, if the recommended marketing mix is effectively applied. Desklib offers a range of similar solved assignments and study resources for students.
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