Marketing Management
Marketing Management
1) Introduction
2) Reasons for selecting the product
3) 5 competitive soap brands
4) Permission and Licenses
5) My Product – TruEssence
6) Logo
7) Label
8) Range
9) Packaging
10) Channel of Distribution
11) Transportation
12) Warehousing
13) 5 ways of promoting my product
14) Schemes
15) Social Message
16) Cost Effective technique for product
17) Cost Effective technique for promotion
18) Bibliography
INTRODUCTION
In present age, all people want to appear smart and elegant
in his personality. The history of soap industry in India is very
old say since 1889. The use of soap or soap like cleaning
agent has always been associated with man’s inherent
instinct to keep his body and other belonging clean. Soap
help remove slag from skin to make skin a brilliant glow. The
principal raw material of soap is oil and fats. According to
these raw materials the quality of soap and category of soap
is changed. The necessary raw materials are needed to be of
high purity and the finished product should have the
balanced pH as its froth may enter the eye. Toilet soaps are
made by combining liquid fats (like vegetable oils or animal
fat) with an alkali like sodium hydroxide (also called lye). The
process is called Saponification; the definition of “saponify” is
literally ―to turn fat or oil into soap by reaction with an
alkali. During the curing process, the sodium hydroxide and
water evaporate out of the product, leaving behind just
awesome soap. Super fatting, which refers to the process of
adding liquid fats to soap after saponification, is popular for
its rich, moisturizing effect. Clear soaps will add glycerin and
sorbitol (a sugar alcohol with emollient properties), and
products labeled ―antibacterial usually rely on triclosan, a
substance that kills bacteria and helps prevent fungus
growth. A simple production method with high return soaps
are invariably used in every household. The antibacterial soap
with a moisturizer added has huge market potential. The
market is spread from remote village to the metro cities alike.
The industry gives a good profit and high employment
oriented.
REASONS FOR SELECTING THE PRODUCT
There is a vast market available for Bathing Soap all around
the world. It being soft in nature will act on skin giving a
soothing effect. This Bathing soap is nothing but a soap of
good and refined quality and balanced pH, so this soap have
as good market as other bathing soap have. Because of its
charming name this soap can be used by all male, female
irrespective of caste, creed, and sex. As the fashion grows up
its market potential will also grow accordingly. Considering
the population trend in the state there is still an ample scope
for growth of this industry. There are so many kinds of
bathing soap flooded in the market but because of its
peculiar name and nature, quality, and properties it will also
grab good market in present scenario.
Soaps are cleaning products that have become an essential
part of our lives. Cleaning products play an essential role by
safely and effectively removing dirt, germs and other
contaminants and hence produce a healthy lifestyle.
I have selected this product because:
1) It is a necessity good.
2) It is used everywhere
3) A good quality soap is necessary to stay clean
4) It holds a good market share
5 COMPETITIVE SOAP BRANDS
1) LUX:
LUX is a global brand developed
by Unilever. The range of products
includes beauty soaps, shower gels,
bath additives, hair shampoos and
conditioners. Lux started as "Sunlight Flakes" laundry soap in
1899.
As of 2009, Lux revenue was estimated at €1 billion, with
market shares spread out to more than 100 countries around
the globe.
Today, Lux is the market leader in
countries
like Brazil, India, Thailand and South
Africa.
Developed by Unilever, Lux (soap) is
now headquartered in Singapore.
Lux is a multinational beauty
product brand sold mostly in South
Asia. The products of Lux are having
a high rate of sales.
USP: Lux stands for the promise of beauty and glamour as one
of India's most trusted personal care brands.
Tagline: Not Just Soap Its Skin Care
Selling Price: 1) Consumer: Rs.45 / per pack (100g)
2) Retailer: Rs.110 / 100g*3
3) Wholesaler: Rs.8555 / 100g*200
2) Dove:
Dove is an American personal care
brand owned by Unilever originating in
the United States. The products are
sold in more than 150 countries and are
offered for both women, men, and
babies. Dove's logo is a silhouette
profile of the brand's namesake
bird. Vincent Lamberti was granted the original patents related
to the manufacturing of Dove in the 1950s, while he worked for
the Lever brothers.
MY PRODUCT
TruEssence
TruEssence is the home of real beauty. Beauty is
not defined by shape, size, or color its feeling like
the best version of yourself. Authentic. Unique.
Real. Our brand has been working to make beauty
a source of confidence, not anxiety. TruEssence
celebrates a new definition of strength: one with
care at its center. Real strength is shown through
the care you give to the people that matter and
that includes you.
Features :
TruEssence Soap Bars doesn't dry out skin like regular
soaps
¼ moisturizing cream and gentle cleansers help retain
skin’s moisture
Leaves skin softer, smoother, and more glowing
Suitable for daily use on face, body, and hands
USP: Soap made from natural ingredients and oils for a silky
soft and smooth skin.
SELLING PRICE
PROFIT MARGIN
1) Manufacturer: 16.67 %
2) Wholesaler: 14.28 %
3) Retailer: 12.5 %
LOGO
LABEL (DRAWING)
RANGE
and many more….
PACKAGING
MANUFACTURER
WHOLESALER
RETAILER
CONSUMER
TRANSPORTATION
The ingredients used in this soap are 100% herbal products and
there are absolutely no side effects from using this.
I took the ideas and researched about this topic from the
websites which are mentioned in the webliography and some
books. I wish this assignment will be a useful and a
knowledgeable one.
BIBLIOGRAPHY
1)https://my.msme.gov.in/MyMsmeMob/
MsmeProjectProfile/Pages/2_0.html
2) https://www.lux.com/
3) https://www.dove.com/us/en/home.html
4) https://www.pearspuresince1807.com/us/products/pears-
pure-and-gentle-soap
5) https://www.lifebuoy.in/
6) https://www.cholayil.com/