product formation
DESCRIPTION
Product brandingTRANSCRIPT
UJJAL SOAP: A Brief Introduction
Alpha Inc. manufactures home and personal care products, such as soaps, cleansing and hygiene products
We have decided to launch a new type of detergent soap with unique characteristics.
The product was designed to create a strong customer satisfaction.
Company Profile:
Name of the company: Alpha iNC Type of product: UJJAL SOAP Tagline: “Use first, then believe”
Website: www.ujjalsoap.com.bd
Market SegmentationGeographic Segmentation:
Country: Bangladesh
Density: Rural,Sub-urban,urban(certain parts of urban)
Demographic Segmentation:
Age: 18+
Gender: All
Family size: 2+ husband and wifeFamily life cycle: Young, single, Married, Married with children, joint family,
Income: 3000+ (MONTHLY)Occupation : House wife, bachelors, students, day laborers, local laundry.
Education: Any or none
Religion: All.
Race: All
Generation: Gen X, Gen Y
Nationality: Bangladeshi.
Psychographic Segmentation: Social class: Lower, lower lower, lower
middle, middle class. except uppers Lifestyle: Survivors, strivers. Personality:
Behavioral Segmentation Occasion: Regular Benefit sought: characteristics of the
quality, convenience. User status: Non-user, first-time user,
regular user. Loyalty status: none
MARKETING MIX
Product: Categorized into 3 packages:
1. Mini pack: 30gm bar smallest size offered
2. Medi pack: 300gm bar: most widely available size
3. Jumbo pack: intended as a family pack, includes
two 30gm bars and four 300 gm bars
It is biodegradable meaning environmentally friendly, also it will not irritate the skin nor will pollute waterbodies.
Price: Different prices for different Density
(cheaper in rural and slightly more expensive in Urban)
Offer the product at a fair price in order to create a good first impression in the consumer’s mind
Keep an eye on the competitor’s price to avoid price wars
Place Special emphasis in rural densities Mass supply in the market Enlist the help of 2000+ suppliers
and associates
Promotion Summer Sale offers; BOGOF, 10% extra Free samples Free soap holders Mass marketing through a number of media :
1. Primary means adertisment: Radio 2. Secondary: Television (Mostly on local channels such as BTV
usually showing before or after the NEWS)3. Tertiary: Print media ( Mostly in Urban locations with the help of
newspapers, fashion magazines and billboards)
Marketing through other means:1. Sales representatives: Explain the benefits of using
“eco-friendly” soap
2. Special incentives to Retailers who encourage customers to buy the product
3. Endorsements from local celebrities
Budget Analysis
Conclusion
We have a strong and experiencedworking team who will help us to
reachour goal. So we will be able to makerapid growth in our factory. We aregoing to utilize their experience in
ourproduction house.
THANK YOU!
ANY QUESTIONS?