Report
Report
Report
Group Members:
Muhammad M. Bashsarat Chohan Qamber Ali M. Faryal Azad
Contents:
................................................................................................... 1 .....1 ......................................................................1 ..................................................................................................1 1. Company name:...................................................................17 ................................................................................................. 17 ZULFEQAR INDUSTRIES LIMITED...............................................17 2. Marketing or Promotional Statement (Vision):......................17 Integrity: We do what we say.............................................17
Teamwork: Collaboration makes us stronger.........................17 Respect: Passion: For all individuals & diversities............................17 Commitment with hearts & minds......................17
Leadership: Inspiring towards a better future........................17 Excellence: Deliver the best.................................................17 Responsible: Towards business as well as society.................17 Learning: For continuous improvement............................17
To expand in the Home & Personal Care Business....................17 To enhance Corporate Image....................................................17 To become a global player in the personal care arena.............17 To be the Employer of Choice................................................17
1. Company name:
Leadership: Inspiring towards a better future Excellence: Deliver the best Responsible: Towards business as well as society Learning: For continuous improvement
To expand in the Home & Personal Care Business To enhance Corporate Image To become a global player in the personal care arena To be the Employer of Choice
5. Market Segments
5.1 Defination:
One cannot be everything to everyone, but can be everything to a selected few. This is the basis for segmentation. The definition of segmentation is market segmentation is a process of dividing a heterogeneous market into homogeneous sub units. Market segmentation is the identification of portions of the market that are different from one another. Segmentation allows the firm to better satisfy the needs of its potential customers. A good market segmentation will result in segment members that are internally homogenous and externally heterogeneous; that is, as similar as possible within the segment, and as different as possible between segments.
Capri soap concentrates in the beauty soap category. A brief description of the various factors Capri Beauty Soap considers are:
Gender:
Capri has been, since its introduction seen as soap for women. Capri as a brand symbolises beauty. This was done in order to attract women who wanted to look and feel like the stars they idolised.
Age:
Capri is seen to mainly attract customers that fall within the age group of 16 to 35. In order to cater them, Capri comes up with new and interesting variants. Some of the latest entrants, Capri Softening, Moisturizing, Nourishing, and Vitalizing is mainly targeted at the youth.
Income:
1
The SWOT analysis summarizes the external environmental factors as a list of opportunities and threats.
WEAKNESSES
Capri is mainly positioned as beauty soap targeted towards women, hence it lacks unisex Appeal. Some variants like the sunscreen, and International variant did not do well in the market. Capri is expensive than Competitors like as LUX.
OPPORTUNITIES
1
Soap industry growing by 8% in PAKISTAN. Beauty segments Compounded Annual Growth Rate (CAGR) is very high. An indication of this is that Fair and Lovelys segment is increasing at a fast rate Capri must reinforce its presence in the beauty segment. Retentive strategy required as the soap segment is in the mature stage of its product life Cycle. Line extension probably with more variants catering to the beauty segment like natural, herbal soap etc. Level of servicing is high during sales promotion schemes this could be brought down. It has a large market share and hence has a strong hold over the market.
THREATS
New entrants/local competitors/MNCs would increase the competition (P&G, Unilever like as Lux). High internal competition Lux also catering the beauty segment (also from HLL stable).
7. Marketing Research
7.1 Who are your competitors?
Stable.
8. Target Market:
8.1Target Market Definition
Target Market is the specific group of customers that a company aims to capture. They have been identified as people with needs or wants that can be met with the products or services from this company.
Urban areas - As this product is targeted for the middle and upper income group, hence the urban areas are chosen as it.
Youth
9. Marketing Objectives
9.1Revenue:
Periods
2007
2008
2009
2010
Revenue
920,597, 000
1,105,489, 000
1,350,144, 000
1,289,891, 000
Periods
2007
2008
2009
2010
40,619,0 00
24,050,000
51,244,00 0
31,810,00 0
9.3 Recommendation:
In 2009, ZIL financial Values is satisfied condition and reach the peak point, but unfortunately in 2010, the profits shrinking too much, So please reposition the marketing Strategy.
To capture to overall target market and increase the 50% market share.
Public Relations:
Not only must the company relate constructively to customers, suppliers and dealers, it must also relate to a large number of interested publics. A public is any group that has an actual or potential interest in or impact on a companys ability to achieve its objectives.
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R & D and PROMOTIONAL ACTIVITIES ZIL believes in developing its product range with passage of time, results of which are a value added product range and better customer satisfaction. The promotion activities that are done for Capri soap: We give free online beauty tips Free samples distribution Free Capri gift hampers includes caps, t- shirts , key chains , pens.
Sales promotion, a key ingredient in marketing campaigns, consists of a collection of incentive tools, mostly short term, designed to stimulate quicker or greater purchase of particular products or services by consumers or the trade.
All three new Capri flavors (will be specifically for men. They will be for boys and men lying in the age group of 15 to 45. It is going to be for lower middle class upper middle class and lower upper class income group. It is going to be a luxurious soap having unique attributes that will solve some common problems that are found daily lives for men. All the new flavors of CAPRI soap for men have its own individual identity and its unique attributes. Capri GOLD provides antiperspirant skin Capri SILVER provides cool refreshing skin Capri BRONZE provides clear skin from sunburn Capri for men has the same price that is for normal CAPRI soap. Capri for men is providing improved lather quality. Before Capri soap for men there were many body wash gels and face washes available for men of different international brands but they were of high prices. Capri will be the first to provide soaps for men in local market that will give effect of both body wash as well as face wash in a reasonable price. This product will not only be available in small packages but also be available in large and medium size packages. It s a new product with adequate market demand.
PRODUCT:
The new product is Capri soap exclusively for men It has three flavors One of the 4 flavors Capri Gold is for sweaty. Skins and contains antiperspirant ingredients the second one is Capri Silver which has ingredients which gives refreshing and cool effect where as the third one Capri bronze has ingredients to counter sunburns. The forth is Capri Oil and Honey Glow.
PRICE:
The price of new Capri soap for men is same as that of pervious Capri soap. This way Capri soap will experience price advantage over other international body washes for men which usually cost more than 100 Rs/unit.
PROMOTION:
PLACE (DISTRIBUTION):
Its distribution is to be in all prominent urban cities of Pakistan including : Karachi Lahore Islamabad & Rawalpindi Multan Hyderabad
Test Marketing: