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Deodorants
A PPT presentation by Group-9
Devanshu Gupta(PGDM-19 ) Kushagra Anand(PGDM-37) Lakshmi Warrier(PGDM-38) Priyojeet Kumar(PGDM-61) Sakshi Gupta(PGDM-75) Saurav Singh(PGDM-78)
Deodorants
Deodorants are substances applied to the body mainly to reduce body odor caused by the bacterial breakdown of perspiration. A subgroup of deodorants, antiperspirants, prevent odor and reduce sweat produced by parts of the body. Antiperspirants are typically applied to the underarms, while deodorants may also be used on feet and other areas in the form of body sprays.
Men's Deodorants
Ferrari Passion Deodorant Nivea Deodorant
MRP
Rs. 299
MRP Rs. 1495
MRP
Rs. 290
Nike Urban Musk Deodorant Gillette Roll On Deodorant ADDIDAS Deodorant Spray
MRP Rs. 1185 MRP
Rs. 216
MRP
Rs. 299
Womens Deodorants
Eden By Cacharel Deodorant Burberery Red Deodorant
MRP
Nike Deodorant
FA Deodorant
Rs. 1595
MRP Rs. 2195
MRP
Rs. 3995 MRP
Rs. 450
Economic Model
Consumer is aware of the alternatives.
Average cost
Cognitive Model
The most important consideration in a deodorant is it should be long lasting. Strong fragrance is another important consideration. Maximum benefit and value to the customer
Passive Model
Colorful Advertisements Attractive Packaging
Emotional
Brand loyalty
Sports lovers
Packaging in order to attract target customers The symbol induces impulsive purchase behavior in consumers
Consumer Research
Consumer research is important for understanding customer preferences as well as predicting future buying behavior. There are a lot of different consumer research techniques that can be used to acquire valuable data. The approach to studies will vary, depending on the information that is needed.
1.Less Demand: Qualitative approach to know the exact perception of the consumer. 2.Pricing according to target market: Quantitative approach to know the power of buying of the targeted market & its segment. 3.Saturation point: Both Qualitative and Quantitative approach what more customer needs and what they dont like about the product. 4.Consumer needs: Quantitative approach To identify the market to be targeted. 5.Consumer power of buying: To know the income group of the consumer for pricing. 6.Consumer social mind set: To know the mind set of the people for whom the survey is done.
Segmentation
Based on Age
Based on Sex
Based on Income
Based on Lifestyle
SEGMENTATION OF AXE
GEOGRAPHIC
Urban Semi-Urban
DEMOGRAPHIC
Age group 16 to 35. Gender Male Income group Middle& Upper Middle. Occupation Students& Bachelors.
PSYCHOGRAPHIC BEHAVIORAL
Lifestyle Outdoor-oriented Personality FashionOriented Trendy. Occasions Benefits
User status Usage rate
Segmentation of Nivea
Gender Based : Male, female Age based : 23- 28 yrs
Segmentation of Fogg
Based on lifestyle : Outdoor-oriented, Fashion oriented, Trendy Based on Class : Young urban upper middle class
Segmentation of Adidas
Demographic segmentation
Male
Age group : Young generation from aged 20-30 Behavioural segmentation
Loyalty status
Usage Rate Readiness to buy PSYCHOGRAPHIC SEGMENTATION Adidas body spray aim the male who enjoy the sports
TARGETING
AGE GROUP SEX INCOME Gr. LIFESTYLE
AXE
18-22
MALE
Aspirers, seekers
Highly Social
ADIDAS
18-30
MALE
Aspirers
NIVEA
16-26
MALE FEMALE
Strivers
Sedentary
FOGG
17-35
MALE FEMALE
Global Indians
Commuter, Sedentary
All In
Lasting Fragrance
Positioning of Fogg
POD: Doesnt get blown away like other deodorants, lasts longer Positioning: A body spray without gas which hence lasts longer the brand chose not to focus on girls So instead of focusing on attraction, the brand focused on something very interesting - quantity of deo or in broader terms Value. Comes with the tag-line-No gas, only Deo.
Fogg wants to differentiate by focusing on the value part of the product. The product claims that it has more deos hence more value for money by suggesting that other deo brands has more gas than actual deo by demonstration and by guaranteeing 800 sprays for a bottle.
Adidas deodorants have successfully established their image by getting sports personalities like, David Beckham to endorse their products. Consumers are able to relate with Adidas products through the eyes of their Sports 'Stars'.