8.0 MARKET GROWTH 8.1 Market Growth Kotex was the first brand to introduce sanitary products back in 1920 as well as the world’s first brand to introduce ultra-thin design pads, which combine superior technology with stunning designs in 2010. The growing ultra-thin market is of particular strategic and commercial importance as it expected to account for one in two purchases within the category from 2011. To further improve our market share on ultra-thin pads, we now come out with Kotex’s Herbal Ultra-Thin Pads. One year after Kotex’s Herbal Ultra-Thin Pads is launched, we expect our market and value share will grow rapidly and eventually hit our goal of increasing 60% total ultra-thin pads’ sales by the end of the year. Previously, when …show more content…
High brand awareness. Kotex is already a well-known brand among Malaysian consumers. 2. Brand leader in ultra-thin towels and standard towels in 2013 in value terms. Kotex is leading in its ultra-thin towels and therefore our improved ultra-thin pads will be able to tap into current market effortlessly. 3. Good marketing skills. Kotex stands very strongly for years with good marketing skills. We advertise frequently and launch lots of promotional activities. 4. High product availability. Kotex’s Herbal Ultra-Thin Pads will be placed in convenience stores, retail markets and pharmacies, making our product easy to reach by customers. 5. Unique herbal sanitary pads that create values for customers. Nowadays, customers’ are seeking for innovative products. Kotex creates value for its customers by incorporating herbs into its existing ultra-thin sanitary pads to fulfill customers’ needs and wants and eventually gain customers’ loyalty. Weaknesses 1. Herbal feature only limited to ultra-thin series. Kotex have many other product lines like Maxi Pads, Slim Pads, Overnight Pads, and Panty Liner, however improvement is only made on ultra-thin pads. Therefore, customers are exposed to only limited choice of Kotex’s pads with herbal …show more content…
On the other hand, another research titled “Feminine Hygiene Products: Market Research Report” published by Market Publishers shown that the leading players in the global sanitary napkins market in 2013 according to market share by company are Procter & Gamble , Kimberly-Clark, Johnson & Johnson, SCA, Unicharm, Kao and the others. According to Business News Analysis, in 2000, Procter & Gamble introduced Whisper Ultra, a revolutionary and unique product in the history of menstrual products in India for premium segment. Johnson & Johnson, the then market leader, without losing time counter-attacked with Stayfree Sure and other ultra-thin sub brands. The mid-market was threatened by low-priced sanitary napkins (from ambitious contenders such as Johnson and Johnson and Kimberly Clark lever.) In order to differentiate Kimberly-Clark’s feminine care brands from competitors, the major competitors have been studied and a quick review is as shown in the following table:
Problem Background Yuhan-Kimberly is a joint venture company of Yuhan Corporation (Korea based) with Kimberly-Clark (US based). It was established in 1970 and is a leading company who manufactures health and hygiene products such as diapers, sanitary napkins, tissues, and wet wipes. On March 2005, a crisis happened because of the baby wet wipes product. In other developed countries such as Europe and United States, wet wipes were categorized as cosmetic product.
The company has been operating fine for years and total dollar sales have been increasing each year. If the company sticks to the status quo, they will continue to stay profitable. 2. Increase brand awareness
It is widely recognized by the customers for introducing a variety of innovative and high-quality products to the market while the competitors could not do the same. “During this period of time, the company grew at a very fast rate and expanded its market to Europe, Asia, and Latin America” (dynacorp case study). However, Dynacorp’s glory did not last long. The company started to face many problems while its competitors began to close the technology gap and gained back the
Diversification: Upstream integration with suppliers, Sephora exchanges data collected from their digital channels with their manufacturers for new products development. Role of Sephora digital channels in company’s marketing mix Product: Sephora has more than 250 brands with approximately 13,000 products which include skin care, makeup, bath, fragrance, beauty accessories, hair products as well as other beauty and body care products and each of these categories has various sub-categories (CNBC, 2017). The company's product offering is able to meet the diverse customers' needs. Even though most of the products sold by the company were manufactured by so many other brands, each of these brands have a different product concept which aligned
• Rivals face high exit barriers Very High Potential Entrant Pressure • High entry barriers • Strong product differentiation • Menus change constantly with
A-Four support activities: 1- firm infrastructure and finance : -Strong brand, product, marketplace solution, delivery and support. (brand value from 35$ in 1973 to 10.7 billion in 2014 ). -Empowerment of top management –geographic structure. -Low debt, short term debt 2.9 billion, and long term debt 1.1 billion. Cash in hand 2.2 billion.
SWOT Analysis Before we implemented our opioid addiction and rehabilitation service, it was important for us to examine what obstacles we might face and need to overcome as well as what we might be able use in our favor to help with our service. We performed a SWOT analysis to help identify the external opportunities and threats that were present as well as our internal strengths and weaknesses so that we might more efficiently jumpstart our service. External SWOT Analysis
Paramount Health and Beauty Company (Paramount) had entered the new non-disposal razor product, Clean Edge, in 1962 and discussed the new technology on the product through the managers’ experiences. It achieved $13 billion of sales and $7 billion in gross profits for 2009.The company decided to introduce the product into men’s market where there is strong presence in comparison to women’s market. The executives of Paramount discussed the changes on this product and the direct competitors in addition to the substitute products. They are concerned on marketing and advertising the product, but they argued on the positioning strategy where to launch it as a niche or mainstream position. The executives also discussed the branding considerations
• Efficient and scalable technology platform. • Strong brand and online presence. • Good relationships with restaurants. • Experienced management team. • High market entry barriers.
Kiehl 's: It has positioned itself as a skin care place based in natural ingredients. With growing demand from natural products all over the world, this pharmacy can strengthen itself by laying stress on its ‘heritage’ and use of ‘natural ingredients.’ Having penetrated well enough, it would probably focus on product development and develop more products that deliver values such as heritage and natural cure. b. Lancôme:
Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was started in the year 2007. In its formative days Flipkart mainly dealt with books but now, it has expanded to electronic goods and a variety of other products. Primary categories of products sold at Flipkart are: • Books • Mobiles & Accessories • Computers • Home and Kitchen • Personal and Health Care • Gaming • Watches and Fragrances • Music and Movies • Stationery Some other facts about Flipkart are • It has 2,000,000 registered users • 8,000,000 customer visits every month.
UNIQLO, 66-year-old Fashion and Retail industry was established in 1949 in Japan. It is a wholly owned subsidy which was bought by Fast Retailing Co Ltd since November 2005.With its head quarters in Tokyo it has managed to expand its clothing business in fourteen countries globally. An article from the Business Insider says that this Japanese chain has become the envy of retailers worldwide. It started in 1949 in Hiroshima as “Unique Clothing Warehouse”. The words were later joined to make “UNIQLO”.
MARKETING MIX OF LIFEBUOY PRODUCT: Lifebuoy is a brand of UNILEVER among many other brands, whose main aim looks to promote health and hygiene around the world through different ways such as imparting knowledge, coming up with products that enable the elimination of germs and by making these products reach even the most remote areas. A brand that had started over a century ago for the UK market and has now become the preferred soap brand for mothers and the most favorable soap brand in over 44 countries across the globe. They have been really innovative in coming up with various products which range from soaps to hand sanitizers and soaps, and even to body care products for men and women. For example, lifebuoy has been able to come up with
Distell group limited was founded in 2000. It is producer, distributor and market of wine, spirit and alcohol beverages. Distell was formed by the merger of Stellenbosch Farmers’ Winery (SFW) and Distillers Corporation Distell is a great company rooted in South Africa, crafting leading liquor brands for people to enjoy responsibly at every occasion all over the world. South African distribution network consists of 20 depots situated in all regions of the country. Its head ofices are situated in Stellenbosch in the Western Cape.