save brand
TRANSCRIPT
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CAN THIS BRAND BE
SAVED ?
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CAN THIS BRAND BE
SAVED ?SUBMITTED BY:
IMRAN KHAN (5171)SHIRAZ KHAN (6001)SYED MAAZ HASAN (6012)S.M. MUBEEN ZAFAR (6083)OVAIS YOUNUS (6139)ASAD AZEEM BAIG (6177)M. WAQAS IQBAL (6225)
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REVIEWING MARKETING
EFFECTIVENESS
The overall measure of marketing effectiveness of La Shampoo can then
be assessed against the following scale:
05 = None
610 = Poor
1115 = Fair
1620 = Good
2125 = Very good
2630 = Superior
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REVIEWING MARKETING
EFFECTIVENESS
The scoring process
La Shampoo scored in the following terms in this particular case studyunder the following heads;
1. A customer-oriented philosophy 04/06
2. An integrated marketing organization 02/06
3. Adequate marketing information 04/06
4. A strategic orientation 05/06
5. Operational efficiency. 03/06
Grand Total 18/30
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REVIEWING MARKETING
EFFECTIVENESS
La Shampoo has scored Goodin the market effectiveness and thats
the sole reason why La Shampoo retained 4% of the market share to
itself for the last 14 years. La Shampoo has scored very well under
Strategic Orientation which suggests that they are following the
strategies that are congruent with their corporate goals. But in order
compete with the always increasing competition La Shampoo has to
capitalize on the areas of concern like Integrating Marketing practices
in their entire Organization and its Operational Efficiency.
So in order to maintain & recapture its market, some serious
improvement are to be made in the La Shampoos marketing practices
especially under those heads were La shampoo has performed not that
good.
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SWOT ANALYSISSTRENGTHS
o Stylish image
o Brand loyalty
o Premium product
o
Good willo European quality image
WEAKNESSES
o Remained unchanged over long
period over time
o
Outdated and obsolete producto Expensive product
o Very slight variations
o Lack of herbal & organic ingredient
claims
o Lack of coordination among
management
OPPURTUNITIES
o Addition & claim of herbal and
organic ingredients
o Re-establish name in the premium
category of this particular product
o Space in the combo market
(Shampoo + Conditioner)
THREATS
o Increasing competition in the
particular product category
o More expensive product thencompetitors
o Many substitutes in the market
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RATING OPPURTUNITIES
AND THREATSIMPORTANCE
High Medium Low
OPPURTUNITIES
Organic & Herbal Claims ***
Re-establish Premium Category ***
Combo Market ***
THREATSIncreased Competition ***
More Expensive ***
Substitutes ***
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TOWS STRATEGIES
S-O STRATEGY
1. Addition of herbal & organic ingredients will be helpful in
justifying the premium image of the brand.
2. The company can utilize the customer loyalty & goodwill by
launching combo product(s).
S-T STRATEGY
1. Product differentiation on the basis of quality will reduce the
persisting competition in the marketing.
2. Established goodwill of this product restricts the new comersentrance in the particular market.
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TOWS STRATEGIES
W-O STRATEGY
1. Significant changes are to be injected in the product, according to
the prevailing demand of natural premium products in the market.
2. New combinations & complements are to be introduced in order to
convert the declining stage of this brand into maturity stage.
W-T STRATEGY
1. The increased competition in the market can be coped up with
more & more innovations in this product and its complements.
2. Innovations are not the only way to stay in the market but the costfactor is also to be reduced in order to compete at price level as
well.
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ACM MATRIX
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ASSET-COMPETENCY
MATRIXIn this case scenario by plotting our product namely La Shampoo, onthe ACM matrix we determined that it lies in between the medium &
highMarket Attractiveness zone furthermore in the category ofAssets
and Competencies it lies in the weak zone of the particular matrix. By
keeping in view the current position of the brand the ACM matrixsuggests that the brand has to acquire competencies by internal
investment or acquisition. We can further elaborate this in the sense
that La Shampoo must add organic & natural ingredients in their
current product and must step into the combo market by introducing
combo-features such as shampoo plus conditioner.The current trends in the market (keeping in mind the 1980s)
the shampoo market was growing immensely in the United States
which will eventually shift theMarketAttractiveness into the High
zone as the time progresses so it is beneficial for La Shampoo to invest
in the growing market.