Download - Crystal wash final (group 3)
GROUP 3
Hafiz Zain Ul Abdin17110285
Syed Faizan Haider Zaidi17110187
Aleeza Ahmad18020157
Muhammad Usman Siddiqui17110207
Muhammad Atif Rasheed Malik18110290
Contents
IntroductionSegmentationNeed AnalysisProblems IdentifiedData Collection 4 P’sCompetitors & Positioning
Introduction
Crystal Wash started from a desire to change the way we wash clothes by naturally cleaning our clothes, and enhancing the longevity of our clothes.
Crystal Wash is a new proven technology that will last for up to 1000 loads of laundry. Using the power of Bio Ceramics from the earth, you can naturally clean your clothes
as effectively as laundry detergent and it is better for your skin, the environment and more gentle on your fabrics.
These special Bio Ceramics were developed using various minerals with very effective
antibacterial and anti-oxidant properties.
Segmentation
MAKRET SEGMENTATION: Level of Market Segmentation: Segment Marketing Geographic: Lahore Demographic: Age and Gender Psychographic: Social Classes
(Middle upper and upper classes)
Need Analysis
Quality wash (stain removal) No side effects Retention of softness of fabrics Fragrance (fresh aroma OR non bleach whitening) Ease of use (saving of time & money) Initiative to address the needs:
Crystal Wash translates all the above needs into a complete market offering
Problems Identified
Problems: Production in the country (Bio ceramics) VS
Importing it Factors that can reduce the demand
PerceptionFragrance
84%
16%
MarriedUn-married
Data Collected
38 consumers surveyed
Majority married women
Data Collected
Age-Group and Family Size:
Under
20
20-29
30-39
40-49
50-59
38 7
17
3
Age-group Family Size
Below 3three-five6 and above
Data Collected
Social Class (Indirect Questions)
1-3 4-6 6 or more
18
7
13
Outings/Month
1-4 5-7 8 or above
25
9
4
Branded Clothes/Quarter
Product
Consumers feel that their current product
needs improvement.
This ensures that Crystal Wash
can replace consumer’s existing
choices by catering to specific
needs.
2
12 13
74
Needs Improvement?
Our product according to consumer needs
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
0 4 8 12 16 20
Fragrance/Anti-allergic components?
Fragrance:• No added perfumes.• Odourless.• If a ‘scent’ is required additional
softeners may be used.
Anti-allergic components:• Effective in disinfecting odours.• No chemicals in the product which is
suitable for people with allergies.• anti-oxidant properties
Our product according to consumer needs
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
0 2 4 6 8 10 12 14 16
Environment Friendly? Preference of a detergent being environment friendly:
• Crystal wash is all-natural• Non-toxic• No chemicals and dyes• Carefully developed to be
gentle on all type of clothing including delicates.
Pricing Analysis
Pricing analysis based on survey
Below 1 KG 2-3 KGs Above 3 KGs
10
19
9
Consumption per month 24
6
21
3 2
Preference of detergent brands
Pricing
Based on the projected demand and analysis from the quantitative survey
The price for each unit is PKR 8000 Profit Margin = 25% We would break even in 5 months
Pricing: Budget Plan
Fixed Cost: Salaries of 1 supervisor and 4 salespersons Marketing Cost Warehouse cost
Variable Cost: Product and Shipping Cost Delivery Cost Custom Taxes
Promotion
Promotion based
on need analysis:Since some consumers preferred having fresh aroma rather than having odourless clothes, a promotion strategy of bundling will be used to capture this market. Evidence proves that this will be successful.
I will probably buy it37%
I will give it a closer look
34%
I won’t pay much attention
to it29%
Bundling of detergent with fabric softener
Promotion Previously, consumers were
reluctant to adapt to the technology that our product was offering.
Promoting Crystal wash through
the depiction of it’s functions by sales representatives will prove to be an effective promotional strategy.
613 14
2 3
Increase in willingness to buy through
Sales representatives
Promotion
9 9
20
Persuasive or Informative?
12
21
2 3
Medium that influences the purchase decision
Promotion (The complete plan)
TV Commercials Strategic alliances with washing machine
sellers Sales representatives: Demos in supermarkets Billboards Social media advertising After sale customer surveys Website
Distribution and Placement
Su-permar-
kets
Grocery Stores
Appliance Stores
Online
2018
0 0
Places to buy detergents
25
10
3
Places to buy washing machine
Placement (The complete plan)
Appliance stores (alliance) Supermarkets Grocery stores
Competitors and Positioning
24
62
13 2
Famous brands among consumers
Yes 76%
No24%
Loyalty Status Yes No
Competitors and Positioning
Crystal Wash is positioned to cater the market which faces the problems of:
Fading colours of clothes
Allergies triggered by the use of detergents
It also serves to cater the market which prefers:
A low chemical content Anti-bacterial components in their laundry process
Being close to nature
Thank you.
QUESTION/ANSWER SESSION