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11 April 2013   1
A Communication Skills
           Presentation on
       Packaging, Labeling, War
         ranties & Guarantees

                                   Presented By:
                        Chandan Pahelwani (11047)

11 April 2013   Tolani Institute of Management Studies   2
PACKAGING
  Packaging means any product after being in its
  original form packed and gets ready to be
  served in the market.
 Well-designed products can build brand equity
  and drive sales.
 Packaging is the buyer’s first encounter with the
  product and can influence the buyer’s behavior
  to buy the product or not.
 Some marketers call “p” of packaging as fifth “p”
  of product-mix with product, price, place &
  promotion.
11 April 2013   Tolani Institute of Management Studies   3
 Various  factors have contributed to the
  growing use of packaging as a marketing tool
  :-
1) Self- service :- In supermarkets most
   number of products are sold on the self-
   service basis. The effective package must
   perform many of the sales tasks : attract
   attention, describe the product’s features.
2) Consumer affluence :- Consumer affluence
   means consumers are willing to pay a little
   more for the
   convenience, appearance, dependability &
   better packages.
11 April 2013   Tolani Institute of Management Studies   4
3) Company & brand image :- Packages
contribute to instant recognition of company or
brand.




4) Innovation opportunity :- Innovative and
new style of packaging can bring large benefits
to consumers and profits to customers.
11 April 2013   Tolani Institute of Management Studies   5
 From   the perspective of both the firm and
     the consumers, packaging must achieve a
     number of objectives :-
    Identify the brand
    Convey descriptive & persuasive
     information
    Facilitate product transportation and
     protection
    Assist at home storage.
    Aid product consumption

11 April 2013   Tolani Institute of Management Studies   6
LABELING
A    simple tag attached to the product which
  carries brand name & different deals of
  information.
 It is a part of package.
 It performs several functions.
 It identifies the product.
 It grades the product.
 Where the product is made, by whom, what it
  contains, how it is to be used safely.
11 April 2013   Tolani Institute of Management Studies   7
WARRANTIES
 All sellers are legally responsible for fulfilling
  a buyer’s normal or reasonable expectations.
 Warranties are formal statements of
  expected product performance by the
  manufacturer.
 Products under warranty can be returned to
  the manufacturer or designated repair center
  for repair, replacement and refund.

11 April 2013   Tolani Institute of Management Studies   8
 For   manufacturers it is reasonable to
       provide warranties.

    It    helps the customer to trust the brand.

    It  is beneficial for the company also, as
       customers start taking interest & trust the
       product due to the warrantee provided.

11 April 2013     Tolani Institute of Management Studies   9
GUARANTEES
    Many  sellers either give general or specific
     guarantee.
    For eg: Procter & gamble promises
     general guarantee to the customers.
    Guarantees reduce the buyer’s risk.
    Guarantees suggest that the product is of
     high quality.

11 April 2013   Tolani Institute of Management Studies   10
 Guarantees    can be especially helpful
       when the company or product is not well
       known in the market.

    When   the product’s quality is superior to
       competitors.

    Company’s   service performance can be
       measured by the kind of guarantees they
       provide.

11 April 2013   Tolani Institute of Management Studies   11
11 April 2013   12

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Packaging Labeling Warranties Guarantees Presentation

  • 2. A Communication Skills Presentation on Packaging, Labeling, War ranties & Guarantees Presented By: Chandan Pahelwani (11047) 11 April 2013 Tolani Institute of Management Studies 2
  • 3. PACKAGING  Packaging means any product after being in its original form packed and gets ready to be served in the market.  Well-designed products can build brand equity and drive sales.  Packaging is the buyer’s first encounter with the product and can influence the buyer’s behavior to buy the product or not.  Some marketers call “p” of packaging as fifth “p” of product-mix with product, price, place & promotion. 11 April 2013 Tolani Institute of Management Studies 3
  • 4.  Various factors have contributed to the growing use of packaging as a marketing tool :- 1) Self- service :- In supermarkets most number of products are sold on the self- service basis. The effective package must perform many of the sales tasks : attract attention, describe the product’s features. 2) Consumer affluence :- Consumer affluence means consumers are willing to pay a little more for the convenience, appearance, dependability & better packages. 11 April 2013 Tolani Institute of Management Studies 4
  • 5. 3) Company & brand image :- Packages contribute to instant recognition of company or brand. 4) Innovation opportunity :- Innovative and new style of packaging can bring large benefits to consumers and profits to customers. 11 April 2013 Tolani Institute of Management Studies 5
  • 6.  From the perspective of both the firm and the consumers, packaging must achieve a number of objectives :-  Identify the brand  Convey descriptive & persuasive information  Facilitate product transportation and protection  Assist at home storage.  Aid product consumption 11 April 2013 Tolani Institute of Management Studies 6
  • 7. LABELING A simple tag attached to the product which carries brand name & different deals of information.  It is a part of package.  It performs several functions.  It identifies the product.  It grades the product.  Where the product is made, by whom, what it contains, how it is to be used safely. 11 April 2013 Tolani Institute of Management Studies 7
  • 8. WARRANTIES  All sellers are legally responsible for fulfilling a buyer’s normal or reasonable expectations.  Warranties are formal statements of expected product performance by the manufacturer.  Products under warranty can be returned to the manufacturer or designated repair center for repair, replacement and refund. 11 April 2013 Tolani Institute of Management Studies 8
  • 9.  For manufacturers it is reasonable to provide warranties.  It helps the customer to trust the brand.  It is beneficial for the company also, as customers start taking interest & trust the product due to the warrantee provided. 11 April 2013 Tolani Institute of Management Studies 9
  • 10. GUARANTEES  Many sellers either give general or specific guarantee.  For eg: Procter & gamble promises general guarantee to the customers.  Guarantees reduce the buyer’s risk.  Guarantees suggest that the product is of high quality. 11 April 2013 Tolani Institute of Management Studies 10
  • 11.  Guarantees can be especially helpful when the company or product is not well known in the market.  When the product’s quality is superior to competitors.  Company’s service performance can be measured by the kind of guarantees they provide. 11 April 2013 Tolani Institute of Management Studies 11