BUS106 Marketing: Comprehensive 4Ps Analysis of Rubbee Lotion
VerifiedAdded on 2023/06/04
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Report
AI Summary
This report provides a comprehensive marketing mix analysis of Rubbee Lotion, focusing on the four Ps: product, price, place, and promotion. The product analysis identifies Rubbee Lotion as a moisturizer enriched with cocoa butter, herbal extracts, and Vitamin E, highlighting its core, actual, and augmented product layers. The product is currently in the maturity stage of its life cycle. The pricing strategy involves offering high value at appropriate prices, with a low pricing strategy to capture the target audience and the potential use of discounting strategies to encourage larger orders and maximize profitability. The distribution strategy utilizes retail stores and online shopping, employing a selective level of distribution to stand out from competitors, with social media platforms used to enhance brand awareness. Promotional efforts include TV advertising, social media channels, digital media, and print media to increase brand visibility and create a favorable impact on consumers.
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