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Working in your groups, select a brand which interests you and narrow down to
one product category where the brand is competing. For example you may
choose Dove and then focus on one of the categories where the brand is
represented, say shampoos. For this brand in this category develop a complete
assessment of the brand’s strategy covering the following areas. (You may add
to these areas but the list given is the minimum which must be addressed.)
1. The portfolio strategy of the brand and how the product lineup compares
with key competitors
2. At what stage of the product life cycle does the brand appear to be
operating? Explain your logic and provide supporting evidence. Review
the strategies being followed by the brand and comment on their
appropriateness for this PLC stage.
3. Evaluate the new products which have been launched by your chosen
brand in the last 18 to 24 months. What role do they play in the overall
strategy? Do they address specific consumer needs? Are they intended to
block a specific competitor? Explore this area thoroughly.
4. Are there any services the brand is offering? If you have chosen a durable
brand this could span from the search and buying stages to installation
and after sales service. In an FMCG brand it may include communities,
expert advice and How To videos. For industrial products it could be
delivery scheduling, training, etc.
5. Review the pricing strategy of the brand. Is it premium, mass, etc.? Are
there differential price strategies across the product lineup? How does it
compare with key competition? Are there opportunities to take price
increases? Would a price cut have a positive or negative outcome?
Explore different outcomes like sales volume, brand equity, trade power,
etc.
7. Assess the channel strategy of the brand. Are there some channels where
the brand is either focusing or over / under performing? How does the
channel strategy compare with competition? Are there any unique
promotional programs being used in different channels? Evaluate the in-
store presence of the brand in relation to competition. Is it dominant or
having a negligible presence? What is the retailer’s opinion about the
brand and what do they say about the competition?
Please submit the report to your class representative, who will send it to
the office for plagiarism checking. I will be evaluating the plagiarism
checked projects, and high levels of plagiarism will attract penalties.