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NEW PRODUCT LAUNCH by- Sanket Vadkhalkar Marketing Head
20

Marketing Strategies for New Product Launch- Gillette

Aug 22, 2015

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Page 1: Marketing Strategies for New Product Launch- Gillette

NEW PRODUCT LAUNCH by- Sanket Vadkhalkar Marketing Head

Page 2: Marketing Strategies for New Product Launch- Gillette

HOW OFTEN DO YOU SHAVE?

9%

28%

9%35%

19%

Frequency

Alternate daysEvery 3-4 daysTwice a weekOnce a weekOnce in 2 weeks

Page 3: Marketing Strategies for New Product Launch- Gillette

DO YOU USE AN ELECTRIC SHAVER?

31%

69%

YESNO

Page 4: Marketing Strategies for New Product Launch- Gillette

GILLETTE INDIA LIMITED – THE 4P’SPRODUCT

PRICE

PROMOTION

PLACE

Page 5: Marketing Strategies for New Product Launch- Gillette

PRODUCT

Gillette EAZY… for hassle free shaveShave on the goRechargeable batteryPortableEasy to use

Page 6: Marketing Strategies for New Product Launch- Gillette

PRICE

RS 1999/- PLACE

All LEADING RETAILERS Tie-ups with E-COMMERCE websites

Page 7: Marketing Strategies for New Product Launch- Gillette

PROMOTION

Gillette EAZY has exclusively

partnered with Super Man

Page 8: Marketing Strategies for New Product Launch- Gillette

PROMOTION Introductory offer for just Rs 1599/- Endorsement by eminent personalities

Page 9: Marketing Strategies for New Product Launch- Gillette

Gillette “SHAVE SUTRA” movement

E-Commerce websites (NEW for OLD)

PROMOTION

Page 10: Marketing Strategies for New Product Launch- Gillette

Promotional stalls across major mall in the country

Print Ads Hoardings

Page 11: Marketing Strategies for New Product Launch- Gillette

SEGMENTATION

TARGETING

POSITIONING

Page 12: Marketing Strategies for New Product Launch- Gillette

GEOGRAPHIC

•Metro Cities•Town

Demographic

•Gender- Male•Age- 25-45•Income- middle income group and above

BEHAVIORAL

•user status- regular

1. SEGMENTATION

Page 13: Marketing Strategies for New Product Launch- Gillette

2. TARGETING

Differentiated Marketing

FOCUS: Targeted at 69% of the population who do not use an electric

shaver. APPEAL: Comfortable hassle free shave. RELY ON: Creating more sales by making 63% of the

population who shaves 3-4 days to once in a week shave regularly.

Page 14: Marketing Strategies for New Product Launch- Gillette

3. POSITIONING Premium shaving experience now on a

click of a button

Page 15: Marketing Strategies for New Product Launch- Gillette

CONSUMER BEHAVIOURo WHAT: Electric hassle free shaver

o WHY: Budding grooming needs of men

o WHO: Meno HOW: Cash, Credit Cardo WHEN: One time purchaseo WHERE: Retail outlets, E-Commerce

websites

Page 16: Marketing Strategies for New Product Launch- Gillette

STRENGTHS Creativity and R&D

investment Product availability

Nationwide People Reliance on

Quality of Product Strong marketing and

advertising Strong brand loyalty Market Leader

SWOT ANALYSIS

Page 17: Marketing Strategies for New Product Launch- Gillette

Highly dependent on core business 

Expensive brand maintenance

Heavy Dependence on Retail Outlets

Gillette has multiple blade and razor systems

WEAKNESS

Page 18: Marketing Strategies for New Product Launch- Gillette

OPPORTUNITIES Use of e-commerce Increased Grooming,

changes in societal attitudes and consumer brand preference

New product launches Increasing buying Power Demand for high quality

products Still an infant industry in

India with huge scope for growth in future

Page 19: Marketing Strategies for New Product Launch- Gillette

THREATS

New Competitors Growth in number of

substitutes Traditional shaving

method Economic downturn Cloning of successful

brands

Page 20: Marketing Strategies for New Product Launch- Gillette

Truly, Gillette is the best a man can get!

THANK YOU