Tuesday, May 21, 2019
New Product Technology
Part A 1. 0 community Background Softlan is a crossway under Colgate-Palmolive Company. The small soap and crapperdle business that William Colgate began in invigorated York City early in the 19th century is now, much(prenominal) than 200 years later. It is a unfeignedly global company serving hundreds of millions of consumers worldwide. Colgate is a global strike offs sold in over 200 countries Colgate, Mennen, Palmolive, Ajax, Softsoap, and hillocks Pet Nutrition ar among the worlds most recognizable sept names, sure and relied upon by consumers everywhere (Colgate al-Quran of C argon, 2008).Based on the research, the companys business strategy focuses on five core businesses oral care, personal care, household surface care, stuff care, and pet nutrition. In the household and textile care, Colgate-Palmolive has offered the entire household cleanser growth such as Toothpaste, Softlan, and body shampoo and so on. pic pic 2. 0 Product Attri entirelye Softlan is good qu ality household merchandises that provide to the family. Softlan is to help make their families uniform feel and smell their best.According to Judy Strauss book, with quality most guests live you loll around what you pay for. That is high and coherent quality generally means higher monetary values, thus maintaining the value proposition (Judy Strauss, Adel, Raymond, 2005). Softlan is adapting a exchange premium impairment position to comparing with other speck Softener such as Good maid, Downy, Petals and so on but the guest still leave purchase it because of the Softlan quality. The offer values of Colgate-Palmolive Softlan are as below ? Static let go of ? More comfortable to wear Makes ironing easier ? Gives your familys frock an irresistible softness ? Leaves a sweet corsage on attire ? Long lasting fragrance for up to 16 geezerhood (Colgate gentlemans gentleman of Care, 2008) These all the benefit of Colgate-Palmolive Softlan is offer based from node need a nd wants which is be able to satisfy the users. picpic pic pic 3. 0 Branding Branding is very important to the Colgate-Palmolive Softlan to lay down the competitive advantage from the competitors. A soil is a promise to clients.Delivering on this promise builds trust, lower risk, and help clients by reducing the stress of make result switching decisions. Example like when the customer want to purchase Softlan in the hyper commercialise but there are many brands so the customer leave alone choosing the brand that they will trust. The selling price of the Softlan Ultra is higher than another Softlan price but the customer still will choosing Softlan Ultra ingathering which is because under the brand name of Colgate-Palmolive and it is also an old brand in the fabric softener product, therefore customer will more trust to the quality of the Softlan Ultra.Based on the research, Colgate-Palmolive Softlan is successful to build the brand name in the customer mind in Malaysia and Ho ng Kong but there are a cluster of bracing brand was market place in the product so Colgate-Palmolive still need to improve and maintain the sales of Softlan in the market with another way. Based on the research training has show that in fabric softeners product, where Colgate is No. 1 in Hong Kong and Malaysia, new-fashioned sizes and fragrances are loaning incremental Market share (Colgate Strategy, 2006). 4. 0 Competitor AnalysisSoftlan be one of the top fabric softener in Malaysia would need to compete with another competitor in Malaysia market. on that point are few competitor brands in the market which are Downy, Petals, good maid and so on. totally of this fabric softener will offer the similar benefit of softener to customer. Softlan would be competing with this entire brand by exploitation opposite media, offer differentiation product and produce what the consumer wants in the market. Softlan Company is very smart it is entered into the intense weather country m arket which no other softener has entered.Having the Softlan is being able to help the user lick their clothing smelly paradox. The Softlan is 4x concentrated with a rich formula that deeply penetrates fabrics and with long lasting fragrance for up to 16 days. Category Brands Chief Competitors Fabric Softener Suavitel, Soup profligate Procter & Gamble picpicpic 5. 0 Tar lower Market Softlan target market is large.It is targeting to have family pack, single working people and student. Nowadays, every people were busy to work peculiarly in Town so every people also want fast and smell best. especially working people and student, Softlan domiciliate help them to ironing their formal with easies and fast. Furthermore, it also merchantman help them to leaves a pleasant fragrance on clothes. Besides, slightly big families will not enough space to juiceless their clothes so all the clothes will hang it together and Softlan will help them to leaves a pleasant fragrance on the cl othes. . 0 Positioning Positioning is an important tool those use to take a crap the user effectively. Softlan has positioning their product with the word Soft as a mothers cognise in the website through their target customers (Colgate Word of Care, 2008). Which mean that Softlan communicate with the customer after use the Softlan fabric softener to wash the clothes, when wearing will feel soft and comfortable like our mother love. Softlan fabric softener is apply benefits positioning to support a distinct perception in the consumer mind.In additional, Colgate-Palmolive is providing different type and emotional state of fabric softener to the customers. It is to satisfy different customer with different taste such as Softlan basal is exploitation four times (4x) more softening and long lasting fragrance in 16 days Softlan relaxing is the softener that the smell female genitals release the stress of the consumer and so on. Softlan has positioning it product in the customer mi nd by using special flavor which is Relaxing variant with Lavender & Ylang- Ylang essentials oils or the energize variant with Bergatnot and Jasmine essentials oil.After using the Softlan, it will help the customer feel relax and wear the clothes more comfortable. Softlan has using marketing strategy of advertise in website, in television in 2007, magazines and so on. Those are few marketing strategy that has been using by Softlan to strengthen their positioning in Malaysia in the hypermarket. In the long run, Softlan has succeeded to build Softlan branding by using the strategies above. The positioning strategies will help Softlan to gain the largest market share in the market. 7. 0 Pricing StrategySoftlan position itself as a premium price of product as mention above. Although its pricing is invariably higher than another brand such as downy. The product is almost same with Softlan but in pricing downy is forever cheaper than Softlan. Besides, downy sometime also will sell in o ffer price within add 20 liter. According to the market research, Softlan price is selling in higher price than another brand it is because it doesnt want to play price war in the market with the competitor it will recidivate control in product pricing.Softlan is selling like normal price to their customer nevertheless the customer still will purchase it it is because the customer trusts to the Softlan quality and brand name. 8. 0 Consumer Behavior Colgate-Palmolive Company was considered just about the consumer situation and start to understanding the consumer behavior. Based from the vision of Colgate-Palmolive Company is want to become the best among the consumer product by understanding the consumers and consumer expectation better and by continually innovating and improving their products, services and processes (Colgate-Palmolive Company, 2006).Therefore, Colgate-Palmolive company has successfully created several flavor of Softlan to drag more customer and student when star t to market it. Until today, Softlan still stiff on its position by providing different flavor, easy to use and bring a lot of benefit to the users. This reason will bring Softlan continually having a big market in fabric softener market. In the other hand, Colgate-Palmolive company also has consider that nowadays people are facing stress problem with the work or family therefore there was come out the new Softlan that the smell can be relax to the people and feel comfortable.Besides that, using Softlan also can help the users ironing their clothes with easy and fast so can save time of the consumers. Softlan also know that nowadays the consumer was also because of the out summit, envision of the bottle to buy it. Softlan understand that especially most of the younger people look for the bottle design. Besides, nowadays the consumer also likes to purchase small bottle Softlan it is because it is more portable and easy to keep. Thus, Softlan was produce the design of small bottl e in the market to satisfied the consumers.Besides, the company also has using a guideword to promote the Softlan which is Soft as a mother love, it is easy and effectiveness way to esteem by all the Malaysia customers. 9. 0 Communication tools Softlan always having advertize and promoting in hypermarket or media. This is a effective strategy that applied by Softlan. Based on research, it has shown that 44% of supermarket shopper notice substances delivered and 34% are influenced by in sore media in making brand purchase decisions (Super Guru Home, 2005).That is why that Softlan always has promoting their brand by using different in-store media to the customer. Besides, Cleaning Agent-Laundry ranked the third fastest growing category in the archetypical half of 2006 due to an increase in ad spend by Softlan on Television or another media (Appendix 2). It is the effective way to help the Softlan brand name know-well in all hypermarket of Malaysia. Part B 10. 0 Method of Advert ising A creative message strategy is one of the important factors that could congeal the success of the advert.Besides that, the company use advert to create awareness to the customers which is to attract more people knows about the brand name. Presently, Softlan is adapting behavioral path to make consumers tell other people about the information of product by increase consumer purchase and continually purchase which is almost similar like Word of Mouth strategies it is can expand the information to everywhere. Softlan also has using cognition path which is to send the message to users how the product can solve the consumer problem.Based on the market research, Softlan has using few different strategies ? A premium price ? Arrange the Softlan product in the middle space of the rack ? Innovation case ? Product innovative Based on the proposed concept, there are needs to using three media advertisement in the hypermarket to engage the consumers interesting, help Softlan to buil d brand and to increase the sales of the product. There three advertising are level hooplas in hypermarket entrance Aisle, Event at middle and trolley sticker.From this three advertising and furtherance campaign will help Softlan to increase their market share and brand name among the competitor in the market. 11. 0 story stoppers in hypermarket Aisle pic pic Exhibit 2. 0 Direction Floor stopper Floor stoppers in oversea is very famous advertising strategies in the hypermarket or everywhere of the street. Softlan is using outrage stoppers to create awareness of the consumer in the hypermarket Aisle. The actus reus floor stoppers is placed entrance on the floor of the product gangboard.When a consumer bye pass by the aisle, all the product will arrange on the ledge in one row which will very fractious to attract people to saw the product and purchase it. The product would not be to attract the customer to walk close to the product and look at it. If the window shopping custom er will not walk through the product aisle it because they just want to walk only but if they saw Softlan floor stoppers on the floor, it will attract them to walk close to saw the product and maybe will attract them to purchase it.At first, the command error with some Softlan message of floor stopper will put on the entrance floor of the aisle which is to attract the customer feel curious and walk through the aisle with follow the error direction. After that, the customer will saw the product floor stopper which is directly in front of the product it would be attract the consumer to find the product easily or attract more the new customer to know the Softlan product. pic pic pic pic Exhibit 3. 0 product floor stopper Furthermore, creative messages will be used to catch consumer attention and look at the product.In the floor stopper, the promotion message and hear is being used it which is tell the customer that saving the money if purchase the latest Softlan product which is ultr a Softlan and also will using product picture in the 3D floors stopper to be more appeal to attract attention of customer. In using floors stopper would be an effective advertising in the market. It is because normally when the customer decides to buy they just will walk near the product if no they will just walk through the aisle only and cannot saw the product with easily.Therefore the benefit of floors stopper is when consumer walks near to the Softlan floors stopper they will consider to purchase the product that receiving by the 3D product picture and message on the aisle floor. It is because normally on the shelf will market a lot of similar product but different brand and it will make the customer confuse and hard to find the product. Based on the book, floor advertisement at around the product shelf can help Softlan to increase products sales by much as 25% and attract more new customer to try the product (Rosenbloom, 2004). Floors stoppers advertisement can effective to bui ld branding in customer mind.On the other hand, floor stopper in hypermarket aisle also can be as an extended shelf space of the product and dominance of the aisle for the advertisement of Softlan product. The pictures of Softlan floors stopper refer to picture 3. 0. 12. 0 Event at middle of hypermarket By using Softlan event is an effective media nowadays trends. The product event can be like purchase the product up to ten ringgit will get chance to win the voucher or selling the product by using promotion price which is mean selling the Softlan product in the lower price and introduce the latest Softlan products.Softlan can admit to have this event it is because the event can attract more customer attention to the product and know the product features. To having this event will be able to attract more the potentials customer, it is because the customer will commend that the price will cheaper than normal day so they will go to join the event to get the free gift or purchasing t he Softlan product with promotional price. With having this event Softlan Company can be face to face provide the Softlan information to customers.The benefit s of Softlan having an event is customer data can be collect for analysis and can understand more customer behavior in the hypermarket. Thus, some cross-selling will be implementing in the events. It is also can build customer relationship to increase the customer services of Softlan and also can understand the trend of market. From the event, Softlan Company brand name will always keep in customer mind and can increase the number of new customer to purchasing Softlan products. Besides that based on the event can direct communicate with the customer and know what they wants. 3. 0 Trolley Sticker Trolley sticker is meant that the Softlan product promotion or information sticker can be stick on hypermarket trolley. Softlan can use the sticker advertisement to attract every walk in customer. It is an effective way and easy to adv ertise Softlan product through the sticker to create customer brand awareness. The advertisement can be saw by every customer in the hypermarket when they using the trolley. When the customer saw the promotion message or picture them will feel curious and will finding the Softlan product place to see it.The benefit of the Softlan trolley sticker is can reduce the advertising cost and also can expand the advertisement space of the products. It can be create awareness to all customers who are shopping in Carrefour. 14. 0 Conclusion As a conclusion, all of the media strategies can be effective advertising tools in the market. Softlan can be using this three media advertising to increase the number of customer, increase the sales, and create the brand awareness for the customer. It is an effective tools using by Softlan to compete among the fabric softener competitors. References Colgate-Palmolive, 2008, Colgate world of care, Accessed by 17/8/08, available on http//www. colgate. com. m y/app/Colgate/MY/HouseholdCare/ProductRecommender/FabricSoftener/PDPs. cvsp? product=SoftlanUltra -Supermarket Guru, 2007, Spontaneous Supermarket gross sales, Accessed by 19/8/08, available on http//archive. supermarketguru. com/page. cfm/15585 -Reuben Mark,2008, Chairman of the Board Accessed by 30/8/08, available on http//www. colgate. com. my/app/Colgate/MY/Corp/ChairmansMessage. cvsp -Colgat-Palmolive, 2008, The New York Times, Accessed by 3/9/08, available n http//topics. nytimes. com/top/news/business/companies/colgate_palmolive_company/index. html? excamp=GGBUcolgate-palmolivecompany&WT. srch=1&WT. mc_ev=click&WT. mc_id=BI-S-E-GG-NA-CT-colgate-palmolive_company -Bina Thompson, 2008, Earning News, Accessed by 9/9/08, available on http//investor. colgate. com/print_release. cfm? ReleaseID=114277&ReleaseType=Earnings -Farlex, 2002, The Free Library, Accessed by 18/9/08, available on http//www. thefreelibrary. com/The+top+50-a090607513 -Nixfon, 2006, Brand Equity, Accessed by 1 9/9/08, available on http//www. randequity. com. my/news/news-Fifa2006. htm -Global pecuniary Review, 2007, Dollars in Millions Except Per Share Amounts, Accessed by 22/9/08, available on http//investor. colgate. com/downloads/PDF2_18-39. pdf -Coloribus advertising archive, 2008, Coloribus, Accessed by 26/9/08, available on http//www. coloribus. com/paedia/prints/2007/07/08/203482/ ColgateStrategy, 2006, Highligh, Accessed by 15/10/08, available on http//investor. colgate. com/downloads/ar97. pdf criminal record -RosenbloomJ, 2004, High Noon in Aisle Five, Published by Inc. Magazine Boone,L, E, Kurtz, D, L, (2005), Contemporary Marketing, 4th Edition, assimilator Hall. -Strauss, J, Ansary, A, El, Frost, R, (2006), E-Marketing, 4th Edition, Prentice Hall. Appendix 1 In-Store Media Can Spur Spontaneous Supermarket Sales August 9, 2005 A new study reveals that 44% of supermarket shoppers notice messages delivered by in-store media, and 34% are influenced by in-store media in making brand purchase decisions. One key finding of the study, conducted by Mediaedgecia, was that a strong correlation exists in the midst of shoppers noticing an in-store ad or promotion, and that prompting an impulse purchase.However, not all forms of in-store media are created equal, nor is the effectiveness of each to different segments of shoppers. For instance, end-aisle displays and store flyers are the most noticed form of in-store advertising overall, while shopping cart ads and in-store TV ads are largely ignored by todays on-the-go shoppers. And, despite the rhetoric surrounding our time-challenged society, 51% of supermarket shoppers still prompt through every aisle of the store.A shoppers age can hold the key as to how antiphonal that person may be to various forms of in-store media Shoppers age 55-64 are most influenced by product demos Shoppers 45-54 are 66% more likely to respond to flyers Shoppers 35-44 respond favorably across many in-store media including product packaging, check-out line advertising and ads outside the store (outside the entrance and in the parking lot) Shoppers 25-44 are most driven to spontaneous, ignorant sales by shelf signs In terms of gender targeting, females remain the primary supermarket shopper, and the study reveals that in-store ads are generally effective in communication with female consumers. They often hold the key to triggering spontaneous purchases particularly if they are tied into a deal. The exception is poster ads hanging from the ceiling, which are largely ignored by female grocery shoppers.Many of those women are heads of households who bring their kids along with them on shopping excursions. It should come as no surprise, then that among them, 61% claim their children influence their brand decisions, underscoring the need for in-store communications to this age theme as well. Over the past decade, the term in-store media has taken on a whole new meaning. once consisting of simple signage by ret ailers hoping to promote specials, today, in-store media includes various incarnations, including end-aisle displays, floor signage, kiosks, interactive flat panels, and in-store audio and video transmissions. In-store media has a huge advantage over traditional media in
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