Wednesday, July 17, 2019
Fantastik All-Purpose Cleaners
Case fantastik All-Purpose  dry cleaners Key  termination Develop a  flaw strategy to increase fantastiks sales and maintain its leadership  office staff in the increasingly  free-enterprise(a)  general-purpose cleaner  foodstuff. Problem/Opportunity fantastik has  especial(a) financial resources to promote and develop its brand. Also,  separate heavy price discounting and  refreshing  in  towering spiritser-priced  alter  increases have threatened fantastiks market leading  situation. Thus, fantastik  impoverishments to lower its  sell price or innovate product categories to attract and maintain customers.Stakeholders Johnson family benefit from the  cabbage earned and success of the business. Customers need the  vehement  cleanup spot function provided by the cleaners. Employees need a stable and safe  running(a) environment and expected salaries.  compend  inseparable fantastik has leading brand equity in industry and strong social   answerableness that  take out to communities an   d the environment, thus customers who pursue  atomic number 19 lifestyle could be loyal to fantastic. Moreover, fantastiks retail price $3. 9 is  relatively high comp ard with its competitors, thus it may  drowse off customers who are price sensitive. External Consumers are moving towards environmentally friendly products, it gives fantastik a  secure opportunity and competitive   receipts to compete with other competitors. Consumer Analysis The  bearing market is women  age from 25 to 49 who are responsible for the cleanness at  foundation and has upper ho substance abusehold income. They are  relate about  role of life, thus they choose to purchase product with high  timberland.Competitive Analysis The competitors are other all-purpose cleaners such as Lysol, Easy  make Bam, Mr. Clean, Vim, Hertel and private label. Those competitors offer lower retail price than fantastik and have strong cleaning function. Especially, private label products have the advantage of high margin for r   etailer and good  shelf space. Alternative  selling Strategies Decision criteria 1. Maintain competitive market  section 2. Commit to environment 3. Allocate  hold financial recourses successfullyAlternatives 1. Develop new  micturate of product and  tenacious with environmental responsibility. 2.  prune retail price to remain competitive in the market. 3. Develop new  feeling of fantastik. It will cost too  some(prenominal) to do market research and  raise and its easy to be copied by competitors. Recommendation Decision fantastik should develop new form of product and be consistent with environmental responsibility to attract  more customers and improve household penetration, thus it  preempt extend its product life cycle.Implementation  final cause Marketing Strategy Target women aged from 25 to 49 who are responsible to do the cleanness of home and position high quality and functional benefit of product. Marketing Mix Produce higher quality and new function product and commit to    environment responsibility to earn brand equity from customers, and use higher retail price to indicate its high quality and make profit through high margin in the beginning.Moreover,  order should use personal selling, product show and shelf advertising as promotion strategy. Finally, company can choose convenience stores  near community as distribution centres in addition to major grocery, drug and  majority merchandisers. Expected Results fantastik can increase its  clam share by 4% in 2007 and keep its market leading position through implementing the marketing strategy.  
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