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Marketing in business Ben, Ryan, Jordan and Ayesha

marketing in business

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  • 1. Marketing inbusinessBen, Ryan, Jordan andAyesha
  • 2. Branding Brand Name ; Rush Brush. Advantages Enhances Product Recognition Helps Build Brand Loyalty Helps With Product Positioning Aids In Introduction Of New Product Branding Builds Brand Equity
  • 3. Key Message AtRush brush we aim to provide a viable alternative oral healthcare product which benefits consumers in more than one way. Not only do we provide two products of necessity in one, we also strive to save our customers time by taking the rush out of brush.
  • 4. Target market SEGMENTATION Originally we planned to target specific segments such as: Conscientious carers Pedantic Parents However upon review we have now decided to target the travel market as we believe the opportunity in the market is big even if we only obtain a small market share.
  • 5. Market Mix The Four Ps
  • 6. Product Our product is called Splendere Bianco, it is a combination of a toothbrush and toothpaste. Its a removable toothbrush head with a toothpaste tube which is ergonomically designed to resemble a toothbrush handle, When connected it is made to look like a normal toothbrush. The toothbrush handles will be sold separately as well, as refills for the toothbrush heads with three main types being Whitening, Enamel defence, and sensitivity The product works by squeezing the handle to release the paste onto the bristles, Squeeze to release system. The product is intended to save time and increase productivity and as our motto states take the rush out of brush.
  • 7. Price Our product will be sold for an introductory price of 4.99 We decided upon this price through ad hoc research, we found that on average, the most people in our target market were willing to spend was 6 for a toothbrush and 2 for toothpaste, taking into consideration our product is both of these products in one, our pricing strategy could be classed as price skimming if you perceive the product as just a toothbrush or price penetration if you consider the two products it contains. We also decided to use the psychological pricing to add an extra dimension to the saving them something.
  • 8. Place Our product will initially be sold direct to the customer (B2C) through our website, www.rushbrush.co.uk, promoted through our Facebook and twitter pages, we aim to generate sales through social networking to prove the ability of our product. In future we aim to sell our product through chemists and pharmaceutical stores such as boots and hope in future sell our products in airports so we can make it easier to target our market but all of this we will do after we have proved that this is a viable business venture.
  • 9. Promotion Our product will be sold with an extra toothbrush handle/toothpaste, in a promotional pack for the promotional period when we begin selling our product on the 1/1/2014. This will allow us to gain more loyal customers as they will be more likely to purchase as they believe they are benefitting by purchasing during that period of time.
  • 10. SALES FORECAST
  • 11. HOW WE AIM TO ACHIEVE OUR SALES IN YEAR ONE ?
  • 12. MARKETING PUBLIC RELATIONS CUSTOMER CARE ADD VALUE TO OUR PRODUCT
  • 13. Advertising And Costs Types of advertising: Television most expensive form of advertising, we are planning to put an advert on daytime TV on channel 5 costing roughly 15,000. Radio approx. 1000 per week Newspaper adverts half page adverts approx. 1000 Outdoor Advertising limited charge 200 every 2 weeks. Large billboards on the high street cost approx. 8000 Magazine adverts approx. 5000 per half page in a popular magazine.
  • 14. Marketing cost
  • 15. Direct marketing Send samples to customers so that they can test and give good reviews on product. Show on Facebook Competitions First month to raise awareness Shown past success with businesses such as gillette.
  • 16. What key media Facebook ads Airports 5 Different Airports Newspaper 22cm x 5 columns spread
  • 17. Rush Brush Facebook page
  • 18. Public relations (focus Point) Trade fairs None for holiday market at the moment in therefore we will wait for future to promote product ad created good PR Direct marketing will promote the product and how much we value customers
  • 19. Key media choice justified Ofcom travel research 90,000 Less than 1% people use social media to search for travel related product. According to ofcom 80% of travel products are researched and purchased online 79% people use the internet and number of people has increased 2007 In UK 91% all travel purchases were digitally influence
  • 20. Production & Logistics An average toothbrush manufacturers output of toothbrushes is 27,000 toothbrushes every day. We aim to make amount to fit the demand we predict for each month +100 to make sure that we meet demand Our product will weigh roughly 25 ounces including blister packaging and the additional toothpaste/handle. Distribution will take place through a courier for example royal mail.
  • 21. Product Launch Launch will be online, on January 1st 2014, the web domain is www.rushbrush.co.uk We will sell our toothbrush direct to customers, through credit or debit card payments, with the option to use paypal.
  • 22. LAUNCH