SlideShare ist ein Scribd-Unternehmen logo
1 von 34
10 STEP
Marketing Plan for
(Whisper)

          Heeyeon KIM
          Feb/17/2011




                        1
Disclaimer
This 10 Step Marketing Plan is part of the mandatory
  requirements of Prof. Remigio Joseph De Ungria’s
  AGSB marketing management class.
The data included in this report are based on publicly
  available data such as those on internet websites,
  news, package declarations, public reports.
When appropriate, data are “masked” so as not to
  create unexpected conflicts.
The reports are posted and linked on slideshare, blogs
  and facebook so that there is easier sharing among
  students from different marketing classes.
Steps 1 to 5
Summary headline of your
PTM and market
1.   Identify your target (PTM)
2.   What do they need, want, demand
     (NWD)
3.   What are they choices (competitors)
4.   Where is the opportunity (gap)
5.   How big is the market (3Cs)
Steps 6 to 10
Summary headline of the
marketing mix & strategy

6.    Product
7.    Price
8.    Promo
9.    Place
10.   Generic Winning Strategy of Mix
1. Describe the primary target
market (PTM)*

   Demographics: Age range
    15~50, Female, Regardless of social class &
    marital status
   Lifestyle: They could be ordinary women who
    are workers or housewives.
   Behavior: They consume the sanitary pads
    when they are on menstruation. They
    concern about leaking blood at the period of
    menstruation. As usual the price of sanitary
    pads is 40 pesos per pack.
2. My PTM’s NWD

      Needs from Maslow’s hierarchy
      Wants determine choice
      Demands for them to buy the product

Note: There may be multiple answers for needs, wants demands. Of these
answers, underline and use bold font for the best answers. See examples that follow
Describe your PTM needs
                                              Self-Actualization
                                                    Needs
                                             (Self-Development
                                               & Realization)


                                            Esteem Needs
                                          (Recognition, Statu
                                                  s)


                                        Social Needs (sense of
                                           belonging, love)



   They want to feel free
                                Safety Needs (security, protection)
   from the leak of blood

 Without sanitary pads
    unable to go out      Physiological needs (food, water, shelter)
en they are on menstraution

                                   Reference: Maslow’s Hierarcy of Needs Marketing Management, 11th ed, Philip Kotler

                                                                                                                  7
2. PTM’s needs, wants &
demands
Needs: They need to buy the safe & hygienic
  sanitary pads. When they are working or going
  somewhere, they need to wear it.

Wants: They want that sanitary pads are high
 absorption, skin-friendly, wear sensation and
 soft.

Demands: They demand the low price with nice
  quality.
3a. Direct and indirect
products that address my
PTM’s NWD
   List of Competitors products/ brands:
    Kotex, Modess, Charmee, Love
    Moon Anion
   Determine the variables that affect
    choice of product, brand: High
    absorption, skin-friendly, wear
    sensation and price
3b. Create 2 Positioning Maps

1st Map: 2 x 2 Matrix showing the 2 Most Critical
     Variables for Consumer choice
  This 1st Map should allow differentiation/ non-
     clustering of the direct competitors
   Example: Price vs. Age
       Size of bubbles= represent relative market shares
            of the brands
2nd Map: Functional Benefit vs. Brands/ Variants
Example of a 2x2 competitive
   position map for toothpaste
                                                            as of 2011
                                             Price vs. Age Matrix
Price/    Easy to go   13-24 yrs            25-49 yrs       50yrs up
           around
Effects     (with
           wings)
                         Colgate
                                   Close                     Colgate
High       Colgate
                          Fresh
                                    Up
                                              Colgate
                                                            Sensitive
                                                                 Sensodyne
                        Close      whiten
price       kids                              Total +
                         up
                                               whiten
                       Hapee                     Hapee
Low                    Fresh                   Complete
                                              + whitening

Price      Hapee
              Unique                  Unique
as of 2011
             Example of a benefit positioning
             vs. brand map for toothpaste
                                                        Benefit Positioning vs. Brand Matrix
                                              Colgate                                          Hapee
                              Colgate Colgate Total+ Colgate Close Up Close Up Hapee   Hapee   Total +
     Functional Benefit        Kids    Fresh Whitening Sensitive Gel   White    Kids   Fresh   Whiten Unique Sensodyne
Prevents Tooth Decay
Whitens Teeth
Freshens Breath
Mouthwash in 1
Fresh Confidence
Confidence Up Close to Kiss
Protect 24 hours
Fun for kids
Saves money
Reduces teeth sensitivity
                   Harder to stand out amidst the competitive clutter.
4. Identify the gap between
customers and competition

Where is the marketing opportunity?

What NWDs are not being addressed?

What can be the unique selling
 proposition for the new product (totally
 new or repositioned.)
5a. Estimate the market size
using competitor data

1. Top 7000 Corporation Data or news
        Total Sales from 1 product companies
        % of sales from multi-product
2.   vs. known Industry size comparisons
3.   vs. 1-1 suppliers
4.   Visual observation- warehouse
5.   Pirating personnel or garbage
6.   Illegal interview
7.   “Share of Shelf”
5b. Estimate the market size
using company data

1.       Claimed market share
2.       Guesstimate on market share
          Fair share of market
          Distribution extent
3.       Historical sales
5c. Estimate the market size
using customer data

1.       Usage per day or per year
          Per person
          Per household
5. Decide on market size in
pesos, not in number of
people
1.   Competitor data=

2.   Company data =

3.  Customer Usage data = 1,503.3
    million based on 2010. by
    Historical method
Reference: DATAMONITOR
6a. Photo of product category

Show a product shot
Your product and your competitors
with, without box as they look in the
  supermarket
All pack sizes
All variants
All major brands
6a. Show how product looks
vs. competition


    Product shot 1
 of direct competitors
                                 Product shot 2
                             of indirect competitors
      How product looks in
      supermarket shelves
        or point of sales
6b. Product Description

Describe the physical features,
 specifications, attributes of the product.

Info may be in product packaging, label,
  brochures or website.
7. Price

   Get prices of your product
   Creatively compare vs. competitors
    across different pack sizes and variants
   Quantify the price difference in % terms
    vs. competitors
   Conclude on what pricing strategy is
    being used
8a. Which of these modes
does your product use?
** Pls. rank most used, 1-highest use
8a. Your products
Promotions

Describe what you propose to do/ product is
  currently doing vs. the 8 modes of
  communications.

Show executions of this (from websites, print
  ads, actual commercials)
8a. Samples of Promo

Samples



          This can be in multiple slides
8b. Competitor promo

Show also how your key competitors
  communicate
Their commercials
Their websites

And why your communication stands out
8b. Competitor promo

Samples



     Can be multiple slides
9. Place

   Where is your product available?
       Supermarkets, sari-sari stores, convenience
        stores and drugstores
       We could buy Sanitary pads regardless of
        country. So, it’s Nationwide
       Method of delivery (some products can be
        delivered to your home, ordered via
        internet, phone orders, etc.)
10. What is the generic
winning strategy?

Which of the 4 strategies are being used?
 (bold and underline to most dominant
 strategy)
     Low Cost Producer
     Supply and Distribution Leverage
     Differentiation
     Niche
SUMMARY




          29
Steps 1 to 5
Summary headline of your
PTM and market
1.   Identify your target (PTM)
2.   What do they need, want, demand
     (NWD)
3.   What are they choices (competitors)
4.   Where is the opportunity (gap)
5.   How big is the market (3Cs)
Steps 6 to 10
Summary headline of the
marketing mix & strategy

6.    Product
7.    Price
8.    Promo
9.    Place
10.   Generic Winning Strategy of Mix
YOUR ASSIGNMENT AS A
MARKETING STUDENT




                       32
Your Assignment

   Use this template to make your
    marketing plan for a product or
    company that will also be the topic of
    your STRAMA
   Follow power presentation principles
Grading

   Customers (PTM, NWD)- 20%
   Competition (Positioning Map, Market
    Size) 30%
   Company (4Ps, Strategy)- 40%

   Power Principles Formatting- 10%

Weitere ähnliche Inhalte

Was ist angesagt?

Quantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology RetailQuantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology RetailPESHWA ACHARYA
 
Brand rejuvenation expect_advertising_inc
Brand rejuvenation expect_advertising_incBrand rejuvenation expect_advertising_inc
Brand rejuvenation expect_advertising_incmagamongidi
 
Brand equity measurement
Brand equity measurementBrand equity measurement
Brand equity measurementFajar Muhammad
 
SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...
SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...
SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...Sustainable Brands
 
International Marketing Lecture 6
International Marketing Lecture 6International Marketing Lecture 6
International Marketing Lecture 6Murray Hunter
 
Brand mgt by sachin
Brand mgt by sachinBrand mgt by sachin
Brand mgt by sachinshovitsingh
 
Markman visual model chap 10 crafting the brand positioning
Markman visual model chap 10 crafting the brand positioningMarkman visual model chap 10 crafting the brand positioning
Markman visual model chap 10 crafting the brand positioningRalph Raymund Pinon
 
Brand Revitalization, Brand Enhancement & Brand Elimination
Brand Revitalization, Brand Enhancement & Brand EliminationBrand Revitalization, Brand Enhancement & Brand Elimination
Brand Revitalization, Brand Enhancement & Brand EliminationKushal Kaushik
 

Was ist angesagt? (18)

Marketing fifthp
Marketing fifthpMarketing fifthp
Marketing fifthp
 
OVE Product Management Plan
OVE Product Management PlanOVE Product Management Plan
OVE Product Management Plan
 
Quantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology RetailQuantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology Retail
 
Brand rejuvenation expect_advertising_inc
Brand rejuvenation expect_advertising_incBrand rejuvenation expect_advertising_inc
Brand rejuvenation expect_advertising_inc
 
Pricing strategy
Pricing strategyPricing strategy
Pricing strategy
 
Keller sbm3 08
Keller sbm3 08Keller sbm3 08
Keller sbm3 08
 
Brand equity measurement
Brand equity measurementBrand equity measurement
Brand equity measurement
 
brand extension
brand extensionbrand extension
brand extension
 
SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...
SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...
SB'12 - Karen Barnes - Shelton, Hernan Sanchaz - Havas Media Intelligence, Jo...
 
Brand is forever
Brand is foreverBrand is forever
Brand is forever
 
International Marketing Lecture 6
International Marketing Lecture 6International Marketing Lecture 6
International Marketing Lecture 6
 
Brand mgt by sachin
Brand mgt by sachinBrand mgt by sachin
Brand mgt by sachin
 
Brand extension mite
Brand extension miteBrand extension mite
Brand extension mite
 
Markman visual model chap 10 crafting the brand positioning
Markman visual model chap 10 crafting the brand positioningMarkman visual model chap 10 crafting the brand positioning
Markman visual model chap 10 crafting the brand positioning
 
Brand extension
Brand extensionBrand extension
Brand extension
 
Brand Revitalization, Brand Enhancement & Brand Elimination
Brand Revitalization, Brand Enhancement & Brand EliminationBrand Revitalization, Brand Enhancement & Brand Elimination
Brand Revitalization, Brand Enhancement & Brand Elimination
 
07 brand identity
07 brand identity07 brand identity
07 brand identity
 
brand managament
brand managamentbrand managament
brand managament
 

Andere mochten auch

Jayaashree industries making meaning to the society
Jayaashree industries making meaning to the societyJayaashree industries making meaning to the society
Jayaashree industries making meaning to the societyPankaj Gaurav
 
AVAIL PRESENTATION- FC Bio Sanitary Pads (17 Herbs and Minerals)
AVAIL PRESENTATION-  FC Bio Sanitary Pads (17 Herbs and Minerals) AVAIL PRESENTATION-  FC Bio Sanitary Pads (17 Herbs and Minerals)
AVAIL PRESENTATION- FC Bio Sanitary Pads (17 Herbs and Minerals) Jessie Malon
 
Sanitary pad usage in Thailand
Sanitary pad usage in ThailandSanitary pad usage in Thailand
Sanitary pad usage in ThailandDI Marketing
 
Johnson & Johnson Marketing efforts analysis
Johnson & Johnson Marketing efforts analysisJohnson & Johnson Marketing efforts analysis
Johnson & Johnson Marketing efforts analysisRekha Srivatsan
 
Factors affecting Johnson and johnson
Factors affecting Johnson and johnsonFactors affecting Johnson and johnson
Factors affecting Johnson and johnsonDeepshree Sharma
 
Product Promotion Strategy
Product Promotion StrategyProduct Promotion Strategy
Product Promotion StrategyArun Tyagi
 
Procter and Gamble Overview
Procter and Gamble Overview Procter and Gamble Overview
Procter and Gamble Overview fof Wrld
 
Johnson & Johnson
Johnson & Johnson Johnson & Johnson
Johnson & Johnson mortress
 
p&g marketing strategies
p&g marketing strategiesp&g marketing strategies
p&g marketing strategiesritulakhotia
 

Andere mochten auch (11)

Jayaashree industries making meaning to the society
Jayaashree industries making meaning to the societyJayaashree industries making meaning to the society
Jayaashree industries making meaning to the society
 
Stayfree as a Brand
Stayfree as a BrandStayfree as a Brand
Stayfree as a Brand
 
AVAIL PRESENTATION- FC Bio Sanitary Pads (17 Herbs and Minerals)
AVAIL PRESENTATION-  FC Bio Sanitary Pads (17 Herbs and Minerals) AVAIL PRESENTATION-  FC Bio Sanitary Pads (17 Herbs and Minerals)
AVAIL PRESENTATION- FC Bio Sanitary Pads (17 Herbs and Minerals)
 
Sanitary pad usage in Thailand
Sanitary pad usage in ThailandSanitary pad usage in Thailand
Sanitary pad usage in Thailand
 
Johnson & Johnson Marketing efforts analysis
Johnson & Johnson Marketing efforts analysisJohnson & Johnson Marketing efforts analysis
Johnson & Johnson Marketing efforts analysis
 
Factors affecting Johnson and johnson
Factors affecting Johnson and johnsonFactors affecting Johnson and johnson
Factors affecting Johnson and johnson
 
Product Promotion Strategy
Product Promotion StrategyProduct Promotion Strategy
Product Promotion Strategy
 
Procter and Gamble Overview
Procter and Gamble Overview Procter and Gamble Overview
Procter and Gamble Overview
 
Johnson & Johnson
Johnson & Johnson Johnson & Johnson
Johnson & Johnson
 
Procter and gamble (P&G)
Procter and gamble (P&G)Procter and gamble (P&G)
Procter and gamble (P&G)
 
p&g marketing strategies
p&g marketing strategiesp&g marketing strategies
p&g marketing strategies
 

Ähnlich wie Feb.17.2011 heeyeon kim

Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...
Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...
Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...Ateneo Graduate School of Business
 
10 step marketing plan - heeyeon kim
10 step marketing plan -  heeyeon kim10 step marketing plan -  heeyeon kim
10 step marketing plan - heeyeon kimHeeyeon Kim
 
V53 10 step marketing plan for rexona_draft
V53 10 step marketing plan for rexona_draftV53 10 step marketing plan for rexona_draft
V53 10 step marketing plan for rexona_draftKaye Olivar
 
10 step marketing plan draft wolcott
10 step marketing plan draft wolcott10 step marketing plan draft wolcott
10 step marketing plan draft wolcottJoanne Wolcott
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingDondon Corpuz
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingDondon Corpuz
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingDondon Corpuz
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingDondon Corpuz
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingDondon Corpuz
 
Importing, Exporting and SourcingWhat’s this chapter about
Importing, Exporting and SourcingWhat’s this chapter aboutImporting, Exporting and SourcingWhat’s this chapter about
Importing, Exporting and SourcingWhat’s this chapter aboutMalikPinckney86
 
New Product Audit PowerPoint Presentation Slides
New Product Audit PowerPoint Presentation SlidesNew Product Audit PowerPoint Presentation Slides
New Product Audit PowerPoint Presentation SlidesSlideTeam
 
Consumer behaviour implications for Marketing strategy 7th Edition Quester So...
Consumer behaviour implications for Marketing strategy 7th Edition Quester So...Consumer behaviour implications for Marketing strategy 7th Edition Quester So...
Consumer behaviour implications for Marketing strategy 7th Edition Quester So...hirokilut
 
Product positioning a study of soap industry in dhaka city
Product positioning  a study of soap industry in dhaka cityProduct positioning  a study of soap industry in dhaka city
Product positioning a study of soap industry in dhaka cityAlexander Decker
 
Leveraging StoryVesting to Find Product-Market Fit
Leveraging StoryVesting to Find Product-Market FitLeveraging StoryVesting to Find Product-Market Fit
Leveraging StoryVesting to Find Product-Market FitRocketSource
 
the paper is about the supply chain management ethical issues, dem.docx
the paper is about the supply chain management ethical issues, dem.docxthe paper is about the supply chain management ethical issues, dem.docx
the paper is about the supply chain management ethical issues, dem.docxoreo10
 
Brand positioning
Brand positioningBrand positioning
Brand positioninggyaanmasti
 
Uw -session_xi,_xii_-_tb
Uw  -session_xi,_xii_-_tbUw  -session_xi,_xii_-_tb
Uw -session_xi,_xii_-_tbisb&m
 
Why aren't toothpaste brands dressed up for the Party?
Why aren't toothpaste brands dressed up for the Party?Why aren't toothpaste brands dressed up for the Party?
Why aren't toothpaste brands dressed up for the Party?abrark5599
 

Ähnlich wie Feb.17.2011 heeyeon kim (20)

Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...
Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...
Prof. Remigio Joseph De Ungria's Downloadable Template for the 10 Step Market...
 
10 step marketing plan - heeyeon kim
10 step marketing plan -  heeyeon kim10 step marketing plan -  heeyeon kim
10 step marketing plan - heeyeon kim
 
V53 10 step marketing plan for rexona_draft
V53 10 step marketing plan for rexona_draftV53 10 step marketing plan for rexona_draft
V53 10 step marketing plan for rexona_draft
 
10 step marketing plan draft wolcott
10 step marketing plan draft wolcott10 step marketing plan draft wolcott
10 step marketing plan draft wolcott
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketing
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketing
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketing
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketing
 
Alfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketingAlfredocorpuzv5310stepmarketing
Alfredocorpuzv5310stepmarketing
 
Importing, Exporting and SourcingWhat’s this chapter about
Importing, Exporting and SourcingWhat’s this chapter aboutImporting, Exporting and SourcingWhat’s this chapter about
Importing, Exporting and SourcingWhat’s this chapter about
 
10 step marketing plan for Close up Toothpaste 2011
10 step marketing plan for Close up Toothpaste 201110 step marketing plan for Close up Toothpaste 2011
10 step marketing plan for Close up Toothpaste 2011
 
Markma assignment
Markma assignmentMarkma assignment
Markma assignment
 
New Product Audit PowerPoint Presentation Slides
New Product Audit PowerPoint Presentation SlidesNew Product Audit PowerPoint Presentation Slides
New Product Audit PowerPoint Presentation Slides
 
Consumer behaviour implications for Marketing strategy 7th Edition Quester So...
Consumer behaviour implications for Marketing strategy 7th Edition Quester So...Consumer behaviour implications for Marketing strategy 7th Edition Quester So...
Consumer behaviour implications for Marketing strategy 7th Edition Quester So...
 
Product positioning a study of soap industry in dhaka city
Product positioning  a study of soap industry in dhaka cityProduct positioning  a study of soap industry in dhaka city
Product positioning a study of soap industry in dhaka city
 
Leveraging StoryVesting to Find Product-Market Fit
Leveraging StoryVesting to Find Product-Market FitLeveraging StoryVesting to Find Product-Market Fit
Leveraging StoryVesting to Find Product-Market Fit
 
the paper is about the supply chain management ethical issues, dem.docx
the paper is about the supply chain management ethical issues, dem.docxthe paper is about the supply chain management ethical issues, dem.docx
the paper is about the supply chain management ethical issues, dem.docx
 
Brand positioning
Brand positioningBrand positioning
Brand positioning
 
Uw -session_xi,_xii_-_tb
Uw  -session_xi,_xii_-_tbUw  -session_xi,_xii_-_tb
Uw -session_xi,_xii_-_tb
 
Why aren't toothpaste brands dressed up for the Party?
Why aren't toothpaste brands dressed up for the Party?Why aren't toothpaste brands dressed up for the Party?
Why aren't toothpaste brands dressed up for the Party?
 

Feb.17.2011 heeyeon kim

  • 1. 10 STEP Marketing Plan for (Whisper) Heeyeon KIM Feb/17/2011 1
  • 2. Disclaimer This 10 Step Marketing Plan is part of the mandatory requirements of Prof. Remigio Joseph De Ungria’s AGSB marketing management class. The data included in this report are based on publicly available data such as those on internet websites, news, package declarations, public reports. When appropriate, data are “masked” so as not to create unexpected conflicts. The reports are posted and linked on slideshare, blogs and facebook so that there is easier sharing among students from different marketing classes.
  • 3. Steps 1 to 5 Summary headline of your PTM and market 1. Identify your target (PTM) 2. What do they need, want, demand (NWD) 3. What are they choices (competitors) 4. Where is the opportunity (gap) 5. How big is the market (3Cs)
  • 4. Steps 6 to 10 Summary headline of the marketing mix & strategy 6. Product 7. Price 8. Promo 9. Place 10. Generic Winning Strategy of Mix
  • 5. 1. Describe the primary target market (PTM)*  Demographics: Age range 15~50, Female, Regardless of social class & marital status  Lifestyle: They could be ordinary women who are workers or housewives.  Behavior: They consume the sanitary pads when they are on menstruation. They concern about leaking blood at the period of menstruation. As usual the price of sanitary pads is 40 pesos per pack.
  • 6. 2. My PTM’s NWD Needs from Maslow’s hierarchy Wants determine choice Demands for them to buy the product Note: There may be multiple answers for needs, wants demands. Of these answers, underline and use bold font for the best answers. See examples that follow
  • 7. Describe your PTM needs Self-Actualization Needs (Self-Development & Realization) Esteem Needs (Recognition, Statu s) Social Needs (sense of belonging, love) They want to feel free Safety Needs (security, protection) from the leak of blood Without sanitary pads unable to go out Physiological needs (food, water, shelter) en they are on menstraution Reference: Maslow’s Hierarcy of Needs Marketing Management, 11th ed, Philip Kotler 7
  • 8. 2. PTM’s needs, wants & demands Needs: They need to buy the safe & hygienic sanitary pads. When they are working or going somewhere, they need to wear it. Wants: They want that sanitary pads are high absorption, skin-friendly, wear sensation and soft. Demands: They demand the low price with nice quality.
  • 9. 3a. Direct and indirect products that address my PTM’s NWD  List of Competitors products/ brands: Kotex, Modess, Charmee, Love Moon Anion  Determine the variables that affect choice of product, brand: High absorption, skin-friendly, wear sensation and price
  • 10. 3b. Create 2 Positioning Maps 1st Map: 2 x 2 Matrix showing the 2 Most Critical Variables for Consumer choice This 1st Map should allow differentiation/ non- clustering of the direct competitors Example: Price vs. Age Size of bubbles= represent relative market shares of the brands 2nd Map: Functional Benefit vs. Brands/ Variants
  • 11. Example of a 2x2 competitive position map for toothpaste as of 2011 Price vs. Age Matrix Price/ Easy to go 13-24 yrs 25-49 yrs 50yrs up around Effects (with wings) Colgate Close Colgate High Colgate Fresh Up Colgate Sensitive Sensodyne Close whiten price kids Total + up whiten Hapee Hapee Low Fresh Complete + whitening Price Hapee Unique Unique
  • 12. as of 2011 Example of a benefit positioning vs. brand map for toothpaste Benefit Positioning vs. Brand Matrix Colgate Hapee Colgate Colgate Total+ Colgate Close Up Close Up Hapee Hapee Total + Functional Benefit Kids Fresh Whitening Sensitive Gel White Kids Fresh Whiten Unique Sensodyne Prevents Tooth Decay Whitens Teeth Freshens Breath Mouthwash in 1 Fresh Confidence Confidence Up Close to Kiss Protect 24 hours Fun for kids Saves money Reduces teeth sensitivity Harder to stand out amidst the competitive clutter.
  • 13. 4. Identify the gap between customers and competition Where is the marketing opportunity? What NWDs are not being addressed? What can be the unique selling proposition for the new product (totally new or repositioned.)
  • 14. 5a. Estimate the market size using competitor data 1. Top 7000 Corporation Data or news  Total Sales from 1 product companies  % of sales from multi-product 2. vs. known Industry size comparisons 3. vs. 1-1 suppliers 4. Visual observation- warehouse 5. Pirating personnel or garbage 6. Illegal interview 7. “Share of Shelf”
  • 15. 5b. Estimate the market size using company data 1. Claimed market share 2. Guesstimate on market share  Fair share of market  Distribution extent 3. Historical sales
  • 16. 5c. Estimate the market size using customer data 1. Usage per day or per year  Per person  Per household
  • 17. 5. Decide on market size in pesos, not in number of people 1. Competitor data= 2. Company data = 3. Customer Usage data = 1,503.3 million based on 2010. by Historical method Reference: DATAMONITOR
  • 18. 6a. Photo of product category Show a product shot Your product and your competitors with, without box as they look in the supermarket All pack sizes All variants All major brands
  • 19. 6a. Show how product looks vs. competition Product shot 1 of direct competitors Product shot 2 of indirect competitors How product looks in supermarket shelves or point of sales
  • 20. 6b. Product Description Describe the physical features, specifications, attributes of the product. Info may be in product packaging, label, brochures or website.
  • 21. 7. Price  Get prices of your product  Creatively compare vs. competitors across different pack sizes and variants  Quantify the price difference in % terms vs. competitors  Conclude on what pricing strategy is being used
  • 22. 8a. Which of these modes does your product use? ** Pls. rank most used, 1-highest use
  • 23. 8a. Your products Promotions Describe what you propose to do/ product is currently doing vs. the 8 modes of communications. Show executions of this (from websites, print ads, actual commercials)
  • 24. 8a. Samples of Promo Samples This can be in multiple slides
  • 25. 8b. Competitor promo Show also how your key competitors communicate Their commercials Their websites And why your communication stands out
  • 26. 8b. Competitor promo Samples Can be multiple slides
  • 27. 9. Place  Where is your product available?  Supermarkets, sari-sari stores, convenience stores and drugstores  We could buy Sanitary pads regardless of country. So, it’s Nationwide  Method of delivery (some products can be delivered to your home, ordered via internet, phone orders, etc.)
  • 28. 10. What is the generic winning strategy? Which of the 4 strategies are being used? (bold and underline to most dominant strategy)  Low Cost Producer  Supply and Distribution Leverage  Differentiation  Niche
  • 29. SUMMARY 29
  • 30. Steps 1 to 5 Summary headline of your PTM and market 1. Identify your target (PTM) 2. What do they need, want, demand (NWD) 3. What are they choices (competitors) 4. Where is the opportunity (gap) 5. How big is the market (3Cs)
  • 31. Steps 6 to 10 Summary headline of the marketing mix & strategy 6. Product 7. Price 8. Promo 9. Place 10. Generic Winning Strategy of Mix
  • 32. YOUR ASSIGNMENT AS A MARKETING STUDENT 32
  • 33. Your Assignment  Use this template to make your marketing plan for a product or company that will also be the topic of your STRAMA  Follow power presentation principles
  • 34. Grading  Customers (PTM, NWD)- 20%  Competition (Positioning Map, Market Size) 30%  Company (4Ps, Strategy)- 40%  Power Principles Formatting- 10%