Mission Statement:: Colgate-Palmolive Pakistan LTD

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COLGATE-PALMOLIVE PAKISTAN LTD

Mission Statement:

To provide Colgate with a significant competitive advantage by reducing total delivered cost,
extending technology resources and developing excellence in purchasing, logistics and sourcing
process
Vision Statement

Our three fundamental values—Caring, Global Teamwork and Continuous Improvement—are


part of everything we do.

They are the foundation for our business strategy and are reflected in every aspect of our work
life.

Caring

The Company cares about people: Colgate people, customers, shareholders and business
partners. Colgate is committed to act with compassion, integrity and honesty in all situations, to
listen with respect to others and to value differences. The Company is also committed to protect
the global environment and to enhance the communities where Colgate people live and work.

Global Teamwork

All Colgate people are part of a global team, committed to working together across countries and
throughout the world. Only by sharing ideas, technologies and talents can the Company achieve
and sustain profitable growth.

Continuous Improvement

Colgate is committed to getting better every day in all it does, as individuals and as teams. By
better understanding consumers' and customers' expectations and continuously working to
innovate and improve products, services and processes, Colgate will "become the best."
Target Market

Colgate Pakistan considers the whole population of the country as its target market. However for
different sorts of consumers it has developed different flavors and tastes in the tooth paste sector
especially. Colgate Anti-cavity protection tooth paste is basically designed to remove the cavity
on teeth and for fresh breath. Colgate Fresh Stripe Gel is for whitening teeth with fresh breath.
Target market for its Herbal white is nature sensitive users. Users that want whitening of tooth
paste through natural ingredients. It not only whitens your teeth but also gives you a feeling of
fresh breath. Children of all ages can use it. Its Natural Herbs attracts all Nature Lover.

PRICE

The amount of money that one has to pay to buy the product is known as price. Price is the
element in marketing mix that produces revenue while the other elements of marketing mix
generate cost only. They company must set its price in relation to the value delivered and the
value perceived by the customer. Being as a market leader in tooth paste industry Colgate sets its
prices in view the product itself, target customer class and competitors product prices.

Pricing Strategies

Colgate has maintained the custom of launching the new product at low prices so that every
customer can take a trial of the product. Colgate changes its prices to meet the competition but
only at that time when the prices of competitors decrease because of national change in prices.
Every customer has to pay the same amount to buy the products of Colgate Palmolive in
Pakistan. It means the company is following uniform delivered pricing strategy for all its
products.

Before setting price Colgate considers the following

 Pricing objectives
 Importance of pricing for target customers
 Identifies the demand
 Estimated costs
 Competitors prices

PLACE/DISTRIBUTION

The process of making the product available to customers to right customers at right places.
Colgate is using in direct second level of distribution to make its products available to final
consumers
Distribution channel always keep in touch with the target customer and competitors as well.
They provide all the information ton the company which contains problems and competitors
actions. The distributors have their own godowns in which they store the company products. It is
the responsibility of the retailer to provide the product to the retailer at his door step.
PROMOTION

Promotion is necessary to reach consumers with which Colgate interacts. Promotion is


communication used to inform, persuade or remind. Personal selling, advertising, publicity and
public relations are the four key elements of the promotion mix. Colgate is targeting the whole
population of Pakistan through advertisement. Company also introduces different promotion
schemes such as discounts and 2 in 1. Colgate gives high emphasis on direct approach to
customers. Its sales team visit citites after cities where they involve in experiments of tooth
whitening. They try to satisfy their customers at the spot.

S.W.O.T. Analysis ± Strategic Planning and Thinking

S.W.O.T. stands for Strengths, Weaknesses, Opportunities and Threats. The SWOT analysis
provides us with an analytical framework for studying a Company¶s position and strategy.
Strengths and Weaknesses are internal factors of a Company. Opportunities and Threats are
external factors. It allows you to analyze the different factors which affect the relative
competitiveness of a Corporation. While SWOT is a useful tool to organize information, it is
based on the subjective assessment of a situation. As such, as SWOT analysis is only as good as
the information to goes into them.

Strengths

 Company presence in 200 countries is its biggest strength


 Strong Corporate image of Colgate Palmolive
 Strong Financial Position
 Worldwide research and excessive emphasize on technology.
 Strong social image of the Company
 Well-established and renowned distributors
 Highly enthusiastic sales team
 More concern towards quality improvement
 A blend of scientific research with natural herbs

Weaknesses
Only emphasize on urban market while suburban and rural areas are neglected to some extent.
Colgate promotion budget is very less as compared to its competitors.

Opportunities
According to the information obtained by company marketing manager as well Chamber of
commerce and Industry Karachi, and Pakistan Dental Association the market is growing rapidly.
People are becoming more and more health conscious. Due to this growing market there are a lot
of opportunities for Colgate to exploit this growing market by introducing new products. Due to
shift from artificial components to natural things people are demanding products that are very
natural. This trend is a good opportunity to capture this segment through efficient marketing
practices.
Threats

Threat of the new entrance is also present. Unilever and Medicame is capturing market
increasingly. Locally manufactured as well imported tooth pastes are also threat to Colgate in the
competitive market. Market competition is also increasing day by day.

Competitor Analysis

Colgate Pakistan does not consider any brand as its close competitor in the market. Colgate is the
only market leader in the oral care in Pakistan. P& G is its world wide competitor but P& G is
not marketing its brand Crest tooth paste. However Unilever, Glaxosmithkline are having good
contribution in the market. Especially Close up is rapidly expanding its product line. But still
imported close up is having better share as compared to locally manufactured close up. English
laboratories ( English tooth paste) and Roomi Entreprises with Sensodyne are also popular
brands in tooth paste market. But Medicame and Synsodyne are categorized in the medicated
tooth pastes. Colgate Herbal is uniqeue in its formula and not
any other brand is offering Herbal tooth paste in the market. Manjans and tooth powder are
losing their importance and mouth washes may increase their current low share. However
awareness about the mouthwashes is also increasing but still the trend has not set. Colgate is still
market leader in oral care in Pakistan. Its brand image and its diversified products touch it a
universal market leader in the oral care and personal care

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