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The document summarizes the pricing, product, distribution, advertising, and promotion strategies used by Lifebuoy soap over different stages of its lifecycle in India. It describes how the strategies evolved from an initial focus on rapid penetration pricing and selective distribution in the introduction stage to targeting higher income segments and a more concentrated distribution approach in the current decline stage. The advertising also shifted from promoting the product as a disinfectant soap for blue collar workers to emphasizing family health care over time.
The document summarizes the pricing, product, distribution, advertising, and promotion strategies used by Lifebuoy soap over different stages of its lifecycle in India. It describes how the strategies evolved from an initial focus on rapid penetration pricing and selective distribution in the introduction stage to targeting higher income segments and a more concentrated distribution approach in the current decline stage. The advertising also shifted from promoting the product as a disinfectant soap for blue collar workers to emphasizing family health care over time.
The document summarizes the pricing, product, distribution, advertising, and promotion strategies used by Lifebuoy soap over different stages of its lifecycle in India. It describes how the strategies evolved from an initial focus on rapid penetration pricing and selective distribution in the introduction stage to targeting higher income segments and a more concentrated distribution approach in the current decline stage. The advertising also shifted from promoting the product as a disinfectant soap for blue collar workers to emphasizing family health care over time.
Dhaval Lad (23) Zoeb Matin (26) Karina Mehta (28) Zeba Abdulhaque (30) Pricing Strategies Introduction Stage- Rapid Penetration Pricing Strategy Launched in 1895 as a low-price disinfectant soap Growth Stage- Rapid Penetration Pricing Strategy 1931-1969- Increase in market share and demand Maturity Stage- Competitor-based/Penetration Pricing Strategy 1970-1996- Slower growth and decrease in sales Decline Stage- Competitor-based Pricing Strategy 1996-Present- Price revision to change positioning of the product
Rs.12/- 90gms Rs.8/- 100gms
Rs.10/- Rs.13/-
Rs.12/- Rs.16/-
Rs. 13/ Rs. 13/- Product Strategies Introduction Stage- Positioned as a carbolic soap
Growth Stage- Change in positioning and introduction of new variants
Product Strategies Maturity Stage- Launch of new variants
Decline Stage- Repositioning of product as new and different
Distribution Strategies Introduction Stage- Selective distribution Dealers and money-back guarantee Distribution Strategies Growth Stage- Pharmacies and drugstores
Maturity Stage- Drugstores and general stores
Distribution Strategies Decline Stage- Selective and concentrated\ 6000 sub-stockists covering 50,000 villages reaching 250 million customers More than 50 lakh stores across the country Rural Areas- Lifebuoy Plus, Lifebuoy Active
Semi-Urban Areas- Lifebuoy Fresh, Lifebuoy Nature
Urban Areas- Lifebuoy Gold
Advertising Introduction Stage (1895 1930) Royal Disinfectant Soap Targeted Indian Blue Collars
Growth Stage (1931 1969) Advertising efforts limited High costs in print & other media radio commercials, print ads, posters, hoardings & small clippings in cinema halls
Maturity Stage (1970 -1996) Ads focused mainly on hard working savings minded & economic class of people Tandurusti Ki Raksha Karta Hai Lifebuoy
Decline Stage (1996) High advertisement budgets introducing new modified products Targeted higher segments of the Indian market Ads aimed at family health care Promotion Introduction Stage (1895 1930) Heavy promotions to induce trials
Growth Stage (1931 1969) Reduced to take advantage of demand
Maturity Stage (1970 -1996) Increase to encourage brand switching
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