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BCG MATRIX:
RELATIVE MARKET SHARE
High
Low
corrective measures are taken at right time situation can be changed to MATURITY
stage. This assumption is very important, as all the strategies would be affected by
this decision. In the market, growth is also associated with increase in sales.
0-5 years
Education level
Uneducated SSC
Income
3k-10k
10k-20k
Gender
Marital Status
Male
Married
Female
Unmarried
5-15 years
15-20
years
Higher
education
& above
More than
20k
others
others
20-50
years
50+
years
Less than
40k
0-5 years
Uneducated
5-15 years
SSC
Income
Gender
Marital status
3k-10k
Male
Unmarried
10k-20k
Female
15-20 years
Higher
education &
above
More than 20k
others
20-50 years
POSITIONING:
Point of Parity:
1) CATEGORY POINT OF PARITY: (POP)
It is a refreshing and tasty ice-cream which energizes you.
PRICE:
Pricing Objective:
Pricing objective of igloo is to gain the market share while
maintaining the quality products and reaping impressive profits.
Pricing Strategies:
Competitive Pricing:
Comparing with its competitors for the same kind of products it
keeps the price almost same to remain in the competition.
PLACE:
DISTRIBUTION CHANNEL:
MODERN TRADE CHANNELS:
like Imtiaz, Naheed will be focused for sure as the customers in
large quantity are approaching these stores now.
TRADITIONAL TRADE CHANNEL
It is one of the most valuable asset of the company which will
have most of the business related to it.The distribution network of
Igloo ice cream is stretched all over its target market in Pakistan with
long fleet of refrigerated vans.Firstly, the ice-cream products are
stored at the main ware house of the factory from there it is
distributed through its vast stretched chain of suppliers.
RETAIL SHOPS are usually provided with attractive deep freezers
to ensure the proper storage and display of products.
TROLLEYS are also utilized near schools shopping malls and other
prospective places.
PROMOTION:
Advertising:
Above the line activities:
TVCs in prime time at the most popular channels of Pakistan like
Geo, Hum TV, ARY Digital, Urdu 1 and after prime time on GEO
news, ARY news, Dunya and Samaa. Radio broadcast of newly
launched product on FM 89.0, FM 103.0, Fm 105.0, FM 106.2 and FM
107. Initially new product will be focused more and after some span
of time, old products will also be focused. Every Sunday one
advertisement will be placed in all the renowned newspapers and
magazines like Jang, Dawn, Express and Akhbar-e-jahan, the Herald
BRAND ELEMENTS:
LOGO
Brand Name
BRAND
ELEMENTS
PACKAGING
Slogan
Likeability:
People liked igloos brand name when it was launched first time,
now reminders of brand after suitable period of time is a must thing to
do, to get get back that likeablity of its brand name, because market
leader Walls and its other competitors have created much more
likeablity towards their brands.
Meaningfulness:
Igloos name when heard, customers are reminded of great quality
rich milk flavoured ice-cream. Igloo name had created its brand identity
through its name and customers know what igloo means and what the
brand name igloo is all about.
Adaptability:
New relevant changes to the packaging size can be done to attract
new customers.
Protectability:
Legally protected and recognized as a trademark.
3. LOGO:
Memorability:
There is a strong association of igloo through its logo towards its
customers.
Brand Mantra
BRAND
EMOTIONAL
MODIFIER
IGLOO ICE
CREAM
Joy,
refreshing.
DESCRIPTIVE
MODIFIER
BRAND
FUNCTION
Friends &
Family
Frozen food
BRAND ESSENCE:
Igloo
ice
cream
is
an
international brand which offers
quality products and ensures all
the international standards of
hygiene, packaging, taste and
delivers to its customers through
its vast, trusted and valuable
supply chain network throughout
Pakistan.
Brand loyalty
Brand awareness
Perceived quality
Brand associations
Other proprietary assets.
1) Brand loyalty:
People were loyal to Igloo when Igloo was launched and was in its
growth stage. Gradually when the competition increased with the new
entrants in the market like Walls, Omore and some small old brand
Igloo didnt focused on the changing market environment dynamics and
was over came by the Walls and other brands. Now, by giving attention
to the advertising activities new products and increased market
awareness and association through its unique image in the minds of its
customers Igloo can remake the customers it lost and also can attract a
vast amount of new customers.
2) Brand awareness:
IGLOO is a well-known ice cream brand among the public and can be
seen through some of the following:
Uniqueness of the logo of igloo is the most powerful association of
igloo within the minds of its lost customers. Consumers had shown
positive attitude towards igloo and spread the word about the brand
in the past. Igloo was considered during the purchasing process
through its green and yellow new packaging style.
Now, as the market share is captured by the Walls market leader, and
omore plus many other brands, Igloo should be identifying the
mistakes which it made in the past that were: no advertising and no
reminders to their customers when the new entrants were gaining
market share of them. It can regain its customers through creating
the needed image of the brand in the minds of its customers through
different strategies and plans discussed above.
3) Perceived quality:
IGLOO is a brand which was considered to provide good quality
products that can be measured on the basis of the following criteria:
The quality offered by the IGLOO is one of the reasons to buy it.
Launching new products like COOKIES & CREAM for differentiation.
Price is almost same and people are assessing it as good quality brand
on the basis of competitive strategy in prices. Availability of IGLOO
through different sales channels like MTC, TTC.
4) Brand associations:
Associations triggered by IGLOO can be assessed on the basis of the
five following indicators:
IGLOO is usually triggered through its name. it is struggling to get
associated its brand as a fun related activity brand. Brand
association of IGLOO are its name, packaging size, colour, and its
logo. People have positive associations towards the brand. The
number of brand extensions in the market by igloo are increasing new
marketing strategies are required to build to build up more
association.
Advertising budget:
It is based on the average estimations as per listed price of each
category of marketing activities. Excel worksheet is attached for more
details.
samplebudget.xlsx