Marketing Plan For Cigol Bangladesh Limited
Marketing Plan For Cigol Bangladesh Limited
Marketing Plan For Cigol Bangladesh Limited
Executive Summary:
Cigol Bangladesh Ltd. is planning to launch a new product range named “Z Clean Hand wash” in a
growing market. Though Lifebuoy Hand wash (A product of Unilever) is the current market leader, and
there’s more competitors like Dettol Hand wash (Reckit Benkiser), Savlon Hand washing Liquid (ACI)
and Sepnol Hand wash (Square Toiletries ltd.), we can compete because our hand washing products
offer a distinctive blend of quality, features, benefits, service and value based pricing. We are aiming
several segments in the consumer and business market. Our plan is to capture the advantage of the
increasing demand for more featured, varied and exclusive hand wash products for everyone and also
providing service, based on consumer type.
The primary marketing objective is to achieve first-year Bangladesh market share of 5 percent with
unit sales of 1,00,000. The primary financial objectives are to achieve first-year sales revenues of Tk.
5,02,500, keep first year losses to less than Tk. 1,05,000 and break even in the middle of second year.
Market Description:
Cigol Bangladesh Ltd.’s market consists of consumers and business users who want hygiene, variety in
products, quality and freedom to choose the product of their preference. Specific segments are being
targeted during the first year including Health conscious People, Household general users, Women,
Concerned Parents, Men, Working/Outdoor People and Corporations. Table Z.1 shows how Z Clean
Hand wash products deal with the needs of targeted segments.
Product Review:
We are going to launch 6 new hand washing products under the brand ‘Z Clean’. Some of the products
will have sub range with different fragrances. The names of the products along with their benefits are
listed below:
1. Z Clean Total
High concentrated anti bacterial hand washing liquid for regular use.
Push out Nozzles and stick on features for easy usage.
2. Z Clean Kiddo
Milder liquid anti bacterial hand washing liquid which is harmless because its swallow
proof and also do not hurt eyes.
Attractive collectable bottles using cartoon characters.
Anti-sharp edge packaging
3. Z Clean Famine(for women)
Anti bacterial liquid hand wash with moisturizer and Aloe.
Five Exclusive fragrances: Red Rose, White Jasmine, Tangy Orange, Soothing Lavender
and Mystic Sweet Pea.
4. Z Clean Men (for Men)
Anti Bacterial liquid hand wash with manly packaging.
Three Fragrances: Tough Wood, Cinnamon Earth, Cigar Lust.
Competitive Review:
At present the hand wash market in Bangladesh is at its growth stage. Four main competitors exist in
this market. But these products hardly offer any variety. Competition is mainly from Lifebuoy, Savlon
and Dettol due to their bran equity. Our main challenge will be establishing a new brand in the current
market. The Key competitors review is listed below
Unilever: Unilever launched the brand lifebuoy and the product was anti bacterial soap.
Then it launched lifebuoy liquid hand wash of two different colours. Lifebuoy hand
wash is currently offering the market 200ml bottles and also Refill packets. It emphasizes
on the guarantee on killing 99.99% bacteria that can harm health. At present it is the
market leader.
ACI: ACI launched the Savlon handwashing liquid and currently offering 250ml and
1000ml bottles. No other variety is offered by ACI.
Reckit Benckiser: Reckit Benkiser has launched Dettol Anti Bacterial Liquid Hand
wash with a tagline “Be 100% sure”. It also offers 200ml bottles and no other variety.
Square toiletries ltd.: Square Toiletries ltd., a successful personal care product
manufacturer recently launched Sepnol Anti Bacterial Hand wash of 200 ml bottles.
But it hasn’t achieved its break-even point yet.
Though Unilever is dominating the current hand wash market, Cigol Bangladesh Ltd. can bend out a
specific image and gain acknowledgment among the targeted markets with its distinctive product
features. Table Z.2 shows a selection of competitive hand washing products and prices.
Table Z.2- Selected Handwash products and pricing
Distribution Review:
Z Clean branded products will be distributed through a network of dealers, wholesalers and retailers.
We are planning to distribute our products at first only at the three main cities- Dhaka, Chittagong and
Sylhet. However after achieving our break even point we plan to distribute Nationwide. These are the
selected dealers for our Z Clean branded products.
However, we are recommending to use the corporate VMS distribution strategy in order to gain control
over the product distribution.