international marketing project on smok ox ppt
TRANSCRIPT
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INTERNATIONAL MARKETING PROJECT ON SMOK- OX
GROUP 15:-
VENKATA SURESH- 9040
NANDITA SADANI-9048
R . DINESH-9062
MITHUN KUMAR PATNAIK -9082
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ILL EFFECTS OF SMOKING
Male lose about 13.2 years and female - 14.5 years of life due to Smoking.
Four million people die yearly –tobacco related diseases, 1 death every 8 sec..
Women effected more by smoking. Side effects- Asthma, Oral cancer and brittle bones.
Apart from Cancer, Smoking might cause cardiovascular diseases, Mouth ulcers, high blood pressure, tuberculosis, etc.
Teen Smokers-headaches, stomach aches, trouble in sleeping, etc.
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INTRODUCTION TO SMOK-OX
Clinically tested Ayurvedic herbs. Pleasant tasting chewable Capsules. Not only help in getting rid of nicotine
addiction i.e. quit smoking, but also restores the body during the healing procedures.
Reduce risk of lung cancer , oral cavity diseases, heart illnesses, emphysema, chronic lung diseases and complications during pregnancy.
Improve skin and hair. Improve the memory and taste . Improve blood circulation and
breathing .
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INGREDIENTS USEDAloe VeraCurcuma Longa-TurmericCamellia Sinensis-Green TeaEugenia Caryophyllus-CloveZingiber Officinale-Ginger
Mentha Piperita – PeppermintCinnamomum Zelanicum –CinnamonPiper Nigrum-Black PepperGlycyrrhiza-LicoriceEmblica Officinalis -Indian Gooseberry (Amla)
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SEGMENTATIONGeographic:- City -Metro Politian city, Education
Hubs Urban and Semi UrbanDemographic:- Age- 15-35 Sex- Female Income- High and Medium Income.Benefit-Value based :- Value = Quit smoking / R.s 3000Behavioral:- Product usage - e.g. light, medium,
heavy users. Type of users (e.g. after meals, in
special occasions)
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TARGETING AND POSITIONING Targeting :- Target the higher income group’s people who are more
addicted to smoking. Target only youth who are recently addicted to smoking,
the product works on them more effectively.Positioning :- Brand equity with smarter pricing. Product tag “Smokers can quit Smoking Naturally "or
“Quit smoking with SMOK-OX”.
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PORTER’S ANALYSIS
Competitive Rivalry Within
Industry
Bargaining Power Of
Customers
Threat Of New Entrants
Threat Of New Substitute
Bargaining Power Of Suppliers
High -Because many other cheap substitute.
Low- Because it take time to make such kind of herbal anti-smoking chewable.
High -Because many other cheap substitute like hookah, candy or electronic cigarettes, yoga, counseling centers.
Low-Because we are planning to open our own nursery for plantation of herbs.
Medium- Because only two competitors Pfizer, Homeopathic
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4 P’S
PRODUCT
• Anti- smoking chewable
PRICE
• 12.50 per capsule (approx.)
• Penetrate market
• Demand• Estimating
cost• Competitors• Value Pricing
PLACE
• Rehabilitation Centers
• Doctors Clinic• Medical Stores
and pharmacies
• Hyper mart and super markets
PROMOTION
• Personnel Selling
• Advertisements
• Newspaper• RJ Promos• Samples• Brand
Ambassadors• Through Anti
smoking camp
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IMC- AIDA MODELATTENTION• Create awareness through
advertisements.
INTEREST• Raise interest by demonstrating
features ,advantages and benefits.
DESIRE• By distributing samples and trial
packs.• Attractive tagline.
ACTION• Lead customer to purchase -
Intensive distribution, ads .
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SWOT
•Purely Herbal .
•No Side effects.
•Nice flavor.
•No chemical and toxic substances.
STRENGTHS
•Costly .
WEAKNESS
•First anti smoking herbal medicine, so it almost a monopoly.
•Capturing the vast market available.
OPPURTUNITY
•Substitutes.
•Competition from other herbal products.
•Threat of being unsuccessful .
•Threat from tobacco industry.
THREAT
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PACKAGING AND LABELING
Strips of tablets -12 tablets .Containers having 240 pills. Strips and containers covered with stickers and paper covering which tell about the ingredients, dosage and benefits of the product.
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GLOBAL MARKETING STRATEGIES AND CAUSE
RELATED MARKETING
Acquire license and enter market through direct entry.
As the product is associated with social cause , market the product with WHO, Rehabilitation centers , NGO’s.
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MACRO ECONOMIC FACTORS
Society Government Legal environment Market Environment
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CONCLUSION Huge Hit-Indian
market-Indian culture and social value .
First clinically tested complete herbal product.
Government support. Monopoly in the
market. Tagline-Smokers can
quit smoking naturally .
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BIBLIOGRAPHY
http://www.stopsmokingpillsmokox.com/http://www.google.co.in/Marketing Management By “Philip Kotler”Business Environment By “Francis Cherunilam”
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QUESTIONS
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THANK YOU