elite paint rebranding
DESCRIPTION
Rebranding a dying brand. Bangladeshi Paint Industry- Elite Paint which is a dying brand with only 5% market share. So the brand must be repositioned with new USP and POD.TRANSCRIPT
GROUP MEMBERS
Kamrul Hasan Shawon 102 0236 030
Tahmid Rahman Tishat 121 0972 030
Md. Mainul Kader 102 0456 030
S.M Ishrak Rahman 102 0360 030
Md. Moshiur Rahman 102 0936 030
Ansarul Haque 102 0364 030
LETTER OF TRANSMITTAL
ZarjinaTarana Khalil (ZTK)Lecturer, School of BusinessNorth South UniversityDhaka, BangladeshDate: 01/01/2014
Subject: Report on dying brand- Elite Paints
Dear Ma’am,
Here is the report on our dying brand Elite Paints which was the term report for the semester Fall’2013.
In this report we have re-branded Elite paint which is a dying brand due to unattractive packaging and lack of marketing. Thus, we have re-launched Elite Paints with a new logo and slogan. We have covered the porters 5 forces model, Competitors analysis, point of parity, point of declaration, the market place and launching activities off the renewed Elite paints. By doing the practical work, we understood the relevant theoretical concept way better than any theory intensive study session would. So the scope of this report has been achieved. Also during our group work, we learned to communicate better with each other and overcome our different personalities and busy schedules.
It is our honor to submit this report to you and we are thankful for giving us such learning and innovative tasks.
If there is any question or queries regarding our report you can contact us at [email protected]
Sincerely,
Kamrul Hasan Shaon
Ishrak Rahman
Md.Moshiru Rahman
Md.Maintul Kader
Tahmid Rahman Tishat
Ansarul Haque
DECLARATION
We declare that every part of the Project Report on Elite Paints submitted to our course instructor Zarjina Tarana Khalil , lecturer in the School Of Business of North South University is a record of an original work done by Kamrul Hasan Shaon, Ishrak Rahman, Md. Mainul Kader, Tahmid Rahman Tishat, Md .Moshiur Rahman and Ansarul Haque
The results embodied in this report have not been submitted to any other University or used in other course as such.
We acknowledge that, if our instructor detects any sort of malpractice in relation to this report, then he will not award us marks for our work.
Kamrul Hasan Shaon
Ishrak Rahman
Md.Moshiru Rahman
Md.Maintul Kader
Tahmid Rahman Tishat
Ansarul Haque
EXECUTIVE SUMMARY
A brand is a name, term, sign, symbol or design, or a combination of them intended to identify the goods and services of one seller or group of sellers from others.Branding a dying brand is a huge challenge because one needs to re-establish the credibility and value of the product.Bangladesh’s paint industry has been growing at a double-digit rate for the past several years.There are some large paint companies along with some small and insignificant ones. The market is dominated by Berger, followed by and Romana which are losing their market to the new entrants RAK Paints and Navana Paints. (The Prime Bank study shows Berger alone holds 48 percent market share, followed by Asian Paints 12 percent, Roxy 10 percent, Pailac and Aqua each 7 percent and Elite Paints 5 percent. Uzala and Navana paints are also in the market.Market leader Berger grew by 25 percent in 2008 and Asian Paints that entered the market in 2002, whooping 50 percent. The local housing industry, which grew 20 percent last year, may do well this year, despite internal and external obstacles.) However the ones very popular Elite paints lost its position because of its unappealing package and logo and limited product line in comparison with its competitors.
Nevertheless, its established name in market and comparatively lower price than all theCompetitors can help us to capture the target market below Berger’s target group. Thus now our objective is to be the 2nd sold paint by 2017. We are re-branding Elite with an entirely new look, new logo and new slogan and targeting the middle class/upper middle class, married/early income, people who have good taste but cannot afford to paint their house according to their dream.To improve our quality we have extended our product line along with some new attractions like lessons on how to paint your walls on your own and selling complimentary materials at a discounted rate (brush, ladder, etc).
With good quality and with the promise of making our customers house look sophisticated which will not only give them warmth but also will give the feel of a beautiful house.We will be launching on February 6th, 2014 but we will start our campaigns during5th January to create awareness among the people with Billboards around Dhaka city.In addition to Billboards and a new print ad, we are introducing a new ad which will have an emotional appeal that our target customer can relate with.
TABLE OF CONTENTS
Strategic Brand Management .......................................................................................................................... 0
Group Members.................................................................................................................................................... 1
Letter of Transmittal........................................................................................................................................... 2
Declaration............................................................................................................................................................. 3
Executive summary............................................................................................................................................. 4
Introduction........................................................................................................................................................... 7
Paint Industry........................................................................................................................................................ 8
Porter’s 5 forces model...................................................................................................................................... 9
Competitive rivalry within an industry:................................................................................................10
Threats of substitute products:................................................................................................................ 10
New entrants:.................................................................................................................................................. 10
Bargaining power of suppliers:................................................................................................................ 10
Bargaining power of Buyers:..................................................................................................................... 11
Competitors Analysis........................................................................................................................................ 11
Berger.................................................................................................................................................................... 12
Romana................................................................................................................................................................. 13
RAK paints............................................................................................................................................................ 14
Pailac...................................................................................................................................................................... 15
OUR BRAND.......................................................................................................................................................... 16
Where are we now?........................................................................................................................................... 18
Reasons for Brand Failure.............................................................................................................................. 18
Unattractive Packaging............................................................................................................................... 18
Unappealing Logo.......................................................................................................................................... 18
Absence of Effective Marketing Communication................................................................................19
Lack of Variety................................................................................................................................................ 19
Where do we want to be?................................................................................................................................... 19
Our Value Framework of Elite Paint............................................................................................................20
Rebranding Elite.................................................................................................................................................. 21
Target Market..................................................................................................................................................... 22
Points of Parity................................................................................................................................................... 23
Points of Difference/differentiation..................................................................................................................23
Brand Development Strategy............................................................................................................................ 23
Brand Building Blocks...................................................................................................................................... 24
Positioning Statement......................................................................................................................................... 24
Unique selling proposition............................................................................................................................. 25
Breath Easy...................................................................................................................................................... 25
New brand logo................................................................................................................................................ 29
New Brand Slogan is........................................................................................................................................... 29
Re-packaging........................................................................................................................................................ 30
Promotion............................................................................................................................................................. 31
Traditional promotions:............................................................................................................................. 31
Unique promotions:...................................................................................................................................... 35
Facebook’s Most popular User in Bangladesh contest (Online promotion)..............................35
Elite paint’s house of the year:.................................................................................................................. 36
‘Color your dream’ Canvas:........................................................................................................................ 36
Teaser Campaigns............................................................................................................................................... 37
Launching Elite-paints..................................................................................................................................... 37
Launching event................................................................................................................................................. 38
Conclusion............................................................................................................................................................ 38
REFERENCE.......................................................................................................................................................... 39
INTRODUCTION
According to the American Marketing Association (AMA) defines a brand as a "name, term,
sign, symbol or design, or a combination of them intended to identify the goods and services of
one seller or group of sellers and to differentiate them from those of other sellers.
Branding has been around for centuries as a means to distinguish the goods or services from one
producer or service provider to another. While a product is anything we can offer to a market for
attention, acquisition, use or consumption to satisfy our need or want, a brand is much more than
that. This is because it has dimensions that can differentiate it from all other products that satisfy
the same need or want. Therefore, marketers are very careful with branding their products or
services. (Marketing textbook)
Branding a dying brand is huge challenge because one needs to reestablish the credibility and
value of the product. One such dying brand is Elite Paints. Elite Paints was very popular during
the 90s but right at this point the paint company is struggling hard to become customers’
preference.
The purpose of this report is to understand condition of the paint industry in Bangladesh. Paint
industry is one of the flourishing industries of Bangladesh. There are many brands of paints that
are being sold in the market. Nevertheless, through our market research we found out that “Elite”
is a brand which, although was very popular amongst people in the early 80s and 90s, has lost its
popularity. The brand’s image has been blurred due to the overpowering effects of the
competitors. Therefore, we have decided to rebrand Elite in such a way that it regains its
popularity in the market. Thus, we have focused on improving quality and targeting the market
through extensive media plan along with repackaging and re-positioning the brand “Elite”.
While doing the project, the largest source of information was gathered from internet. We have
also referred to textbooks and the market itself.
There was not much limitation except that we missed the opportunity of visiting the organization
and getting to know the managers and employees to get a better insight
PAINT INDUSTRY
Bangladesh's paint industry has been growing at a double-digit rate for the past several years
riding on the increasing demand from the construction sector, market players said.
A recent study reveals its market size based on demand is estimated at Tk 1,000 crore and
domestic production capacity Tk 920 crore. Leading private commercial bank Prime Bank
conducted the study.
The demand-supply gap, according to the study, is Tk 80 crore.
Only a few players Berger, Asian, Roxy, Pailac, Aqua etc are operating in the market with over
90 percent market share.
The Prime Bank study shows Berger alone holds 48 percent market share, followed by Asian
Paints 12 percent, Roxy 10 percent, Pailac and Aqua each 7 percent and Elite Paints 5 percent.
Uzala and Navana paints are also in the market.
Market leader Berger grew by 25 percent in 2008 and Asian Paints that entered the market in
2002, whooping 50 percent.
The local housing industry, which grew 20 percent last year, may do well this year, despite
internal and external obstacles.
Shipbuilding and automobile industries also consumed a good amount of paints, market
operators said, without giving a specific percentage.
Key products that hold the major market shares are: plastic emulsion, distemper, outer coat
(weather proof), synthetic enamel etc.
Plastic emulsion and distemper are close substitute of each other. Emulsion is basically used in
high-end residence all over the country and distempers are economy class products having a
demand in semi-urban and rural markets. Weather coat is growing very fast and presently hold
20 percent market share.
Bangladesh’s paint industry has been growing at a double-digit rate for the past several years
riding on the increasing demand from the construction sector. According to the figure at the right
side, the industry has grown significantly from 2004 to 2008 and it still is growing. A recent
study reveals its market size based on demand is estimated at Tk 1,000 crore and domestic
production capacity Tk 920 crore. If the housing industry keeps growing the demand for paint
will rise even more. Key products that hold the major market shares are: plastic emulsion,
distemper, outer coat (weather proof), synthetic enamel etc.
PORTER’S 5 FORCES MODEL
Porters Five Forces
Bargaining Power of Consumers:
HIGH
Bargaining power of Suppliers: Moderate
Threat of Substitute Products: Moderate
Intensity of Rivalry among Competing Firms:
HIGH
Threat of New Entrants:HIGH
COMPETITIVE RIVALRY WITHIN AN INDUSTRY:
Bangladesh has a very strong paint industry. There is an intense competition going on between
existing and new paint industries. But the market is dominated by few players: Berger, Asian,
Roxy, Elite and Elite etc are operating in the market with over 90 percent market share.
Berger alone holds 48 percent market share, followed by Asian Paints 12 percent, Roxy 10
percent, Aqua 7 percent and Elite Paints 5 percent.
THREATS OF SUBSTITUTE PRODUCTS:
In Bangladesh there is much substitute product when it comes to paint. Wall paper has recently
emerged. The youth have started drifting towards colorful patters which is easier with wall
papers.
Substitutes within paint qualities can be between Plastic emulsion and distemper. These are close
substitute of each other. Emulsion is basically used in high-end residence all over the country
and distempers are economy class products having a demand in semi-urban and rural markets.
Weather coat is growing very fast as it is for exterior wall and presently hold 20 percent market
share.
NEW ENTRANTS:
RAK and Navana paints are new in the market. They have been in the market since 1999 so they
are confident about grabbing a market share in the paint industry in Bangladesh.
However the market is already crowded and there is little business opportunity for any other new
entrants.
BARGAINING POWER OF SUPPLIERS:
Paints are fluid finishing compositions containing coloring substances. It forms in solid,
adhesive, protective or decorative coat way. The major resources used to produce paint are
resins, solvents, drying oils, pigments, and extenders, plasticizer and etc. basically, Paint
industry today is a vital part of the chemical industry and has given impetus to development of
synthetic resin, pigment and solvent industries.
After the production there are also needed steel packagings for finished paint. The steel industry
is available in the processing of finished product.
The bargaining power of suppliers of the industry is moderately high since the demand for paint
is high where as the entire paint industry relies on them.
BARGAINING POWER OF BUYERS:
The bargaining power is high since there are too many paint industries and are very competitive.
The price varies from BDT 350- BDT 325. The products range are also similar as a result buyers
can shift to other brands which is why Berger has been spending so much in marketing and is the
highest seller in the paint industry.
If consumers want moderate quality products at a cheaper rate, there are many competitors such
as Asian, Romana and Roxy.
COMPETITORS ANALYSIS
There are some large paint companies along with some small and insignificant ones. The market
is dominated by Berger, followed by Elite Paints and Romana which are losing their market to
the new entrants RAK Paints and Navana Paints. Once very popular, Elite Paints is slowly
falling out of the race.
The price structures of the different paint brands include:
COMPANY/BRAND DISTEMPER(1 GALLON) ENAMEL(1 GALLON)
Berger 350 870
Asian 330 820
Romana 330 820
Roxy 330 820
RAK 330 800
Navana 330 800
Elite 325 800
BERGER
Slogan: Paint your imagination
URL: www.bergerbd.com
Founded in 1960,Berger Paints is one of the oldest names in the paint industry, yet, it is one of
the most technologically advanced companies in the country
Berger Paints started ‘painting’ Bangladesh since independence. Over the past few decades,
Berger has evolved and transformed itself in becoming the leading paint solution provider in the
country with a diversified product range that caters to all your painting needs.
To bolster customer satisfaction, Berger offers Home Decor Service from where one can get an
array of services pertaining to painting.
The product range includes:
Specialized outdoor paints to protect against adverse weather conditions,
Color Bank
Superior Marine Paints
Textured Coatings
Heat Resistant Paints
Roofing Compounds
Epoxies and Powder Coatings.
ROMANA
Slogan: Choice of millions
URL: www.Romana.com
Founded 1983 and is the second largest paint manufacturer in Bangladesh.
For the last two decades Romana Paint has become an international standard paints by fulfilling
the demand millions of people. Romana Paint maintains its individual standard, quality, value
and wins a permanent position in the hearts of the citizens of Bangladesh with different class and
professionals
A big number of active sales team and an efficient management co-ordinate respect a wonderful
marketing result. They believe in quality and value people’s money.
Their Products are:
Synthetic enamel paint
Synthetic paste distemper
Plastic emulsion
Weather paint
Thinner
Synthetic undercoat
Road marking paint
Water sealer
RAK PAINTS
RAK Paints is founded by one of the leading groups, RAK Groups. RAK Paints (Private)
Limited produces solvent based and water based paints of premier quality. The primary list of
paints to be manufactured is given separately. RAK Paints (Private) Limited tries to focus on
producing finest quality products, targeting retail consumers, real estate developers, major
institutions, architects, interior designers and who are interested in exotic color combination to
enhance the appearance. They have impressive packaging and website.
RAK Paints supports green building construction.
Slogan: Pran Jagaye, Jibon Rangaye
URL: www.rakpaintsbd.com
PAILAC
Elite Group (Pvt.) Ltd. is one of the largest Manufacturing Industries in Bangladesh. Major
concentration of the group is aimed towards Elite Paint & Chemical Co. (Pvt.) Ltd. Elite Group
(Pvt.) Ltd. consist seven enterprises. Elite Group (Pvt.) Ltd. was established in 1978
In this globalization period Elite Group has stepped in to overseas by their wide range of
products to occupy vacant demands in the niche market.
Their products are:
Aluminum paint
Synthetic under coat
Thinner
Primer
Enamel paint
Current Tagline: BANGLADESH ER RONG
Elite was very popular during the 90s but as the impact of Berger paint became overpowering,
Elite slowly lost its customers. Also, there are many new companies in the market which have
come up with livelier array of products. Elite cannot sustain in the competition at this point even
though the brand has huge potential. The brand name is an establish one and people know about
it very well. Therefore, a strong effective push can convert the slider brand into a power brand.
OUR BRAND
Elite Paint
Slogan: Rangiye dao
URL: www.elitepaint.com
Elite Paint is one of the leading manufacturers of paints and Varnishes in
Bangladesh. The company is operating in this particular industry for about 58 years
and it is one of the oldest names in the paint industry of Bangladesh
The company started producing and marketing their products to the local
market in 1952 and now Elite is one of the renowned paint manufacturers in the
country. At this point of time Elite offers all kinds of painting solutions in
decorative, industrial and in marine segment for both decorative and protective
purpose.
Elite paint has a strong marketing network throughout the country. The
company has their head office in Dhaka and they have their marketing operation in
different zones like Dhaka, Chittagong. Noakhali, Sylhet, Rangamati, Bogra,
Barisal, Kustia and Khulna. Theses zone are also covering few areas and the
company is trying to expand their business around the country.
The product range includes-
WHERE ARE WE NOW?
Currently the market share of Elite Paints is very small. Even the new entrants like Navana
Paints and RAK Paints have a higher share than Elite Paints. Most people know about the brand
but they do not prefer Elite Paints. The company has lost its brand preference because it did not
change itself to match the changes in the market. They have, therefore, lost the brand credibility
Industrial Paint Thinner
Decorative paint
Marine paint
as well since people do not perceive it as a brand that is worth spending money on. Customers
feel that since their look is still the same, they have to modernize their products according to the
current market scenario. While Berger constantly bring create product variations and customer
relationships, Elite remains silent.
REASONS FOR BRAND FAILURE
UNATTRACTIVE PACKAGING
The can of Elite Paint is covered with the green and Elite is typed on white with black. This is
the case of Synthetic enamel paint. In case of acrylic paint, it is blue and white and cans of
cement paint have got brown and white colors. There is no creativity or excitement in the can.
On the other hand, competitors like Berger and RAK Paints are.
UNAPPEALING LOGO
The logo is written in simple Bengali or English with black color on a white background. This,
therefore, cannot easily grab the attention of customers. There is no fun or excitement in it and
the brand logo in black and white does not go with the colorful image of the product. In case of
the other products in the product line, the logo has a change in color but the look is still that
boring.
ABSENCE OF EFFECTIVE MARKETING COMMUNICATION
At this point, while Berger and RAK Paints are displaying their products impressively on the
internet, Elite does not even have its own website address. It tried to bring changes with a
television commercial but that did not work because Elite failed to position it properly.
LACK OF VARIETY
Elite Paints has only 2-4 kinds of paints where as Berger and RAK have introduced wide array of
products and wall paints.
WHERE DO WE WANT TO BE?
Right at this point, Elite Paints is at the end of the list of brands operating in Bangladesh. Right
now, we cannot dream too big because
We have understood that since Berger is a power brand, it is almost impossible to defeat it by a
dying brand. If we consider Berger as our prime competitor then we will again lose the market
badly. Therefore, we have no intention to make an effort to cross Berger’s brand equity. Instead,
our plan is to serve people for whom Berger is expensive. Also, Asian Paints and Romana Paints
are losing their popularity slowly. Although Navana Paints and RAK Paints are slowly capturing
a good market share, Elite Paints can still compete with them since the brand Elite is an old and
established brand. ELITE brand was established in 1952.Therefore we want to capture the
highest market share after Berger in next 5 years.
Thus, our objective is to become the number 2 bestselling brand within 2017.
OUR VALUE FRAMEWORK OF ELITE PAINT
CINCCOMPANY
1. Large collection
2. Standard and quality paints
CUSTOMERS
1. Providing quality paints and services related to our product.
COMPETITORS
1 Berger
2. Romana
3. Asian
COLLABORATORS
1. Retail Outlets
CONTEXT
1. Durability against adverse
weather situation, specifically during
rainy seasons.
REBRANDING ELITE
In order to capture a market share higher than any other paint companies in Bangladesh except
Berger, we need to rebrand Elite. We need to change most of the brand elements along with
product variety, package and media communication in order to become customers’ preferred
paint.
product1. Paint
Price1. affordable
2.325tk/gallon for distemperd and 800tk/gallon
for enamel
Place1.Own outlets
2. Autherized distributer
Promotion1. TVC
2. Bill Boards.3. Campaigns
Market segmentation
1. Market has been segmented into socioeconomic class.
Target market
1. Middle class to Upper middle class
Product positioning
1. Quality
2. Vast variety
3. Affordable
CUSTOMER ACQUISITOIN
1. SALES result
2. Customer’s Inquiry; immediate response through phone or email.
CUSTOMER RETENTION
1. Giving proper service and satisfaction regarding the service is guaranteed
which leads customers to be loyal about the brand
PROFIT GENERATED
Therefore we need to reposition Elite Paints by:
Keep the brand name
Change the target market
Change the brand logo
Change the brand slogan
Repackage the product
Increase product Variations
Redesign new commercials
Use the Integrated Marketing Communication tools
TARGET MARKET
It is very important to define your target market extensively so that all your promotional
activities are linked. The companies that fail to define its target market fail miserably in the
market.
In case of Elite, we are going to keep the price same. This is because currently we are providing
the lowest cost products in the market. Therefore, we will not target the high income earners.
Middle Class or Upper Middle Class
Our target market can have one or more of the following characteristics:
Newly Married Couple with Starting Salaries
Stays in a rented apartment
Has their own house but that is given to them by parents or grandparents
Recently bought an apartment which cost all their savings
Has a good taste in living but do not have the affordability power
In the Dhaka City and in the large cities like Chittagong, Khulna, Bogra and Sylhet, families
with not high monthly income (i.e. the total family income sums up to 20,000taka to 50,000taka)
live, who have the desire to live a colorful life but cannot only because they are concerned about
money. Most of these newlywed couple with small salary will soon earn more and can afford a
small apartment. If we can value their feelings now then they will be loyal to our brand and will
remain with them in the future. We want to target them and want to make them feel that painting
walls of a room or house does not cost very high amount of money but painting a wall multiplies
the happiness in life.
POINTS OF PARITY
Points of Parity simply include:
It paints the walls like all other competitors
The paint is waterproof and durable
The product range has everything that its competitors have
POINTS OF DIFFERENCE/DIFFERENTIATION
Even though we have the low cost advantage at this point, the cost differ only 5 taka from the
immediate competitors like RAK , NAVANA and as such. Therefore, the competitors can easily
reduce their price by 5 or 10 taka. Therefore, the brand Elite is highly subjected to price wars.
That is the reason why will not bank on low price only.
All our showrooms will have a huge color bank from which people can choose
their choice of colors.
We will have trainers in our showrooms who will teach you how to paint your
walls on your own. There is a huge cost associated with appointing painters to
paint the walls. If the family together can paint the house not only will they have
reduced the cost but also they will have great fun
All the painting materials like brush, ladder and as such will be free for those who
will purchase at bulk and at a discounted price who will buy less amount of paint.
BRAND DEVELOPMENT STRATEGY
BRAND BUILDING BLOCKS
Brand Salience
Elite is a known brand but we need to create awareness that it has been re-launched with great
improvements. People must know about it.
Brand Performance
Good quality, Waterproof, plastic paints where the stains can easily be removed.
Brand Imagery
The paint looks great on walls and it will make
your house look new and sophisticated.
Brand Judgment
The brand is of better quality now but the price
is same. Therefore you can get good quality
products in low price.
Brand Feelings
Elite gives a feeling of warmth..
Brand Resonance
The kind of offers Elite will have for its customers, people will feel attached to the brand.
POSITIONING STATEMENT
“Elite Paint is a quality product at a low price that you can use yourself to paint your walls
beautiful.”
Key Insight: I want to have a beautiful house where I will live with my family.
UNIQUE SELLING PROPOSITION
BREATH EASY
Consumers of Bangladesh have their utmost trust in the quality of Elite's paints. Keeping in line
with other developed countries, Elite uses the latest technologies to fulfill consumer demands
over the years, which have always strived to be environmentally friendly. It always emphasized
on the consumer's needs and desires, thus creating a product range that is completely consumer
centric. As the world is tackling various issues on climate changes Elite too has been an earnest
participant towards this cause, solemnly vowing to stop the environmental degradation so that
they can give the next generation a decent place to live. Rooting from the same thought, Elite
introduces a new interior emulsion 'Breathe Easy'.
Why is it special?
Breathe Easy is a unique paint and the first of its kind in Bangladesh that will completely
change your impression towards paints. Breathe Easy will provide your house with a healthy
environment with a touch of nature for your walls. Its low VOC formula helps prevent any air
pollution. So the lingering odor one experiences from the freshly painted walls will be no longer
there, making your house comfortable for you to live in even while being painted. Breathe Easy
is a healthy paint for a healthy lifestyle.
Size and Packaging
Available in 3.6 liters and 0.9 liters pack.
Shades
Breathe Easy is available in ColorBank's 101 shades.
Usage Area
Breathe Easy Emulsion is an interior wall finish, which can be applied on all types of smooth
plasters, false ceiling, asbestos sheet, concrete etc.
SURFACE PREPARATION
New plaster surface: It is advisable to allow new plastered surface to dry adequately before
painting. Ensure that the surface is free from loose particles and any greasy/oily substance by
cleaning the surface with emery rubbing paper or wire brush.
Repainting: Previous coatings of lime wash, distemper etc. must be thoroughly scraped off.
Earlier coatings of emulsion based paint need not to be removed if the coatings are in sound
condition. However, the gloss/sheen of such coatings must be removed by thorough sanding.
Cracked or flaked paint must be removed completely. Fungus affected areas require separate
adequate treatment. Repair the cracked portion of plasters and areas affected by leaks, drainage
etc., well prior to painting. Allow the surface to dry sufficiently.
On new/old walls: Apply 100% thinned Robb Water Based Sealer as primer. Dry the wall for at
least 4-6 hours. Then apply two coats Robb Wall putty with a 6-8 hours interval. After proper
drying (overnight) of wall putty, rub down the wall with sandpaper to provide a sound surface.
Apply one coat of Breathe Easy thinning with 100% water as the prime coat and allow the
surface to dry at least 24 hours. Now the surface is ready for paint application.
APPLICATION
Breathe Easy Emulsion can be applied with brush or roller. Apply 2 coats of Breathe Easy
Emulsion as the finish coat within 24 hours interval.
Dilution for application:
Brush - Paint : Water = 3:1 (By volume)
Roller - Paint : Water = 4:1 (By volume)
CAUTION
- Do not overthin.
- Use the thinned paint within 12 hours.
- Do not retain the thinned material beyond
recommended time.
Elite Breathe Easy is an odorless paint. That's why when you paint your house with Breathe
Easy you don't get any bad odors.
It contains Anti-Microbial properties that resist the growth of bacteria and other microbes on the
paint film, so that the walls of your home will remain completely safe and healthy for your
family for many years to come.
The 'Stain-Free' formula in Breathe Easy helps keep walls looking brand new for a long time.
Because of this special formula, common dirt and stains can hardly affect your walls. However,
if your walls are affected by tea-coffee stains, handprints and the marks from your children's
color pencils, you can easily wash them off more than 5000 times with soap water without
affecting the color and tone of the paint Breathe easy gives the walls an impeccable long lasting
finish with a touch of soft sheen suited for healthy living. When walls are painted with any
shades of Breathe Easy, the rooms look more spacious, thus giving you a more aesthetic
interior.
To make Breathe Easy even safer for human and especially for children, it is kept free of
Alkylphenol Ethoxylate (APEO). It is lead free and environment friendly.
It contains very minimal amount of volatile organic compound (VOC), therefore it prevents
emission of greenhouse gases, thus, the environment of the house remains fresh and very
comfortable to live in.
Non-Toxic Paints
Indoor air is three times more polluted than outdoor air,
and according to the EPA, is considered one of the top 5 hazards to human health. Paints and
finishes are among the leading causes. Paints and finishes release low level toxic emissions into
the air for years after application. The source of these toxins is a variey of volatile organic
compounds (VOCs) which, until recently, were essential to the performance of the paint. New
environmental regulations, and consumer demand, have led to the development of low-VOC and
zero-VOC paints and finishes. So now Elite paint is manufacturing non-VOC variety of paint.
These new paints are durable, cost-effective and less harmful to human and environmental
health.
Benefits
Health. Reduced toxins benefit everyone, including those with allergies and chemical
sensitivities.
Environment. Reduces landfill, groundwater and ozone depleting contaminants.
Effective. Low-VOC products perform well in terms of coverage, scrubability and
hideability (covering flaws on previous coats).
Water-Based. Easy cleanup with soap and warm water.
Little or No Hazardous Fumes. Low odor during application; no odor once cured. No
off-gassing. Painted areas can be occupied sooner, with no odor complaints.
Not Deemed Hazardous Waste. Cleanup and disposal greatly simplified.
NEW BRAND LOGO
This is our new logo. The background is black in color so that the vivacious and colorful feather
looks beautiful on it. The brand symbol is a feather. It can be used for color patterns when
customers would want to see our color collection. We can put our color collection in the shape of
a feather with each undertone bellow each other. It is said that feathers aid in waterproofing and
coloration that helps in protection.
Since we are re-positioning Elite with better more color variation and protection with no harmful
chemical, feather relates to my product. And feather has always been considered as a colorful
object. Hence: Meaningfulness and memorability (because of the dark background).
The brand name Elite is in white so that it is visible.
NEW BRAND SLOGAN IS
Paint Your Dreams with Elite
The slogan is simple and straight forward so that people understand the meaning of it easily. It is
still very appealing because the people who we are targeting have many dreams which remain
EliteElite
unfulfilled because of not being able to afford but now they can paint their dreams into reality
with Elite Paints.
RE-PACKAGING
Elite paint needs to stand out in the market, needs more shelves in the stores. So far no
paint company in Bangladesh have ever considered packaging to be a major factor but good
packaging plays an important role in grabbing consumers attention.
The packaging is colorful, vibrant and easy to notice. It is dramatic and no other company has
ever tried to use black as the color of the paint containers. Also the logo (feather) covers the
entire container which stands out in the crowd.
PROMOTION
TRADITIONAL PROMOTIONS:
Elite
Elite Elite Elite
The major problem with Elite paint is it lacks credibility. People are aware that the
brand is in the market, but don’t consider it as an option while choosing paints. As a part of
Re Branding it will be important for us to re-introduce it to the potential target market.
Traditional promotions like Billboards, TV Advertisements, Radio will play a major part
in this regard. Advertising's goal is to drive sales of products and services through
persuasive communication tactics that influence human behavior over the long term.
Promotions share the advertising goal of driving sales. Promotions, however, drive sales by
using short-term incentives that stimulate immediate sales.
Billboards: We will set up billboards in key parts of big cities Dhaka, Chittagong, Sylhet etc. mainly near highways and flyovers.
TV Commercial: TV advertisement will also help us to get the required attention. We can
show advertisement on popular and most watched TV channels of Bangladesh like BTV
because there are still so many places where cable channels are not available. We will also
use popular cable channels like channel I, ETV, ATN, INDEPENDENT TV to show our
advertisement for reaching our target market.
We have made a television commercial in order to show how we want to go on air from Feb 06,
2014 onwards. The following is a story board of the television ad that we have designed. This ad will
have an emotional appeal that our target customer can relate with.
Radio Commercial: Now a days commercial Radio advertising is playing a great role in
Bangladesh for promoting a brand. People of big cities are the listeners of this radio
stations. There are some very popular radio programs of some radio stations for example:
Hello 8920 of radio ABC is one of the most popular programs now. We can give our
A girl sitting on a chair with a color spectra and lost inside her mind in imagination. In that moment
a question displayed on the TV screen
“Do you dream black and white or color?”
Then, the girl sees the color spectra and the next question displayed on the Screen
“Can you imagine a world without yellows?”
Then the colors from the spectra comes out and start moving around the room with a natural
rhythm .
The next question appears
“Can you hear the ocean in a blue Room?”
The colors like indigo/blue start synchronizing and make the color of ocean on the wall .
The next question
“Do you see an open canvas?”
All the color from the spectra floating all the way through air start make the room as colorful
as nature .
“yes! Now you can!’’
In the last part of the TVC Our tag line displays: Color your dreams with Elite Paint.
advertises during these popular programs to get the attention of our target market.
Seasonal campaign: We will be doing seasonal promotions. Different colors depending on
different seasons will get preference from us. We will be offering different deigns of colors
related to each Summer/Winter/Rainy season and promote them to create excitement.
Lottery: If anyone buys a square product (hand wash, powder, lotion, etc) he/she will get a
coupon and after some week we will do a lottery and the winners will be awarded free paints.
Our team will go to their house and will paint their house according to the winner’s choice of
course. That will create awareness and through word-of –mouth we will gain the attention of
our targeted market.
Paint your dream Green with ELITE
Paint your dream Green with ELITE
Guerilla Advertising : However, we are also keeping Guerilla Advertising as an option, in
places like Bus stops, shopping malls. Bus stops would be the perfect place since most
people travelling in bus are middle or upper middle class.
In different shopping malls we will use posters on the elevator or could also paint
down the walkway with unique colors, just to make it little more interesting. This will
not only be cost efficient but also will help to gain the attention or a position in the
customers mind.
UNIQUE PROMOTIONS:
FACEBOOK’S MOST POPULAR USER IN BANGLADESH CONTEST (ONLINE PROMOTION)
We will use facebook to promote our paint online. This is the cheapest way to promote
our product in no time. We will not put up ads in facebook which costs a lot of money today. We
will promote our page and open some contests for facebook users. The contest will be based on
likes and shares of individual’s pictures and the picture that gets the most like will win it.
We will collect entries by having users post on the page, message the page, comment on
or like a page post and use likes as a voting mechanism.
In other words, we can ask users to enter by posting a photo on the page or in the
comments on our posts, and then select a winner based on which entry has the most likes.
The winner will get recognition from our page and also get gifts like cloth, footwear or some
discount from Elite paint for painting their house.
But for people to vote by clicking likes, they will first have to like our page to make
the vote eligible. That’s the trick we will use to gain random users like for our page and thus
promote it virally on facebook. This sort of contests has huge popularity among users and it
should help our facebook page rapidly.
ELITE PAINT’S HOUSE OF THE YEAR:
Elite paint will give recognition to any three houses painted superbly by elite paint in
a year and put the picture of the houses in its next bill board as houses of the year for that
particular year. This contest will start from 2014 will be hosted in every year since then.
The people in Bangladesh, especially in Dhaka and Chittagong love quick recognition
and fame and elite paint gives them the perfect platform to have it. We will renew our billboard
each year with the picture of the best painted house (Of course the house must be painted with
elite paint) with the owners standing with the houses as well. This will give customers a sense
of achievement and attachment to the pain. Some people may get jealous and they may buy elite
paint and paint their house just to be on the billboard next year.
‘COLOR YOUR DREAM’ CANVAS:
We will be putting up big white canvases in front of shopping malls like Bashundhara
city, Jamuna Future Park etc where the people can volunteer to give any line or shape using a
paint brush and with the color they choose.
It will go on for 6 months and the end product should be a combination of lines,
shapes, scratches or dots from numerous customers and of different colors. We would put
all the canvases together and make the symbol.
We will use this symbol in graphical form in all our stores, catalogues, offices and all the
other places possible as a connecting point with our customers. This will symbolize our
bonding with the customers.
TEASER CAMPAIGNS
We will have teaser campaigns on billboards which will be on for 10 days before the launch of
Elite Paints. The above billboards which will be placed in both commercially and residentially
crowded areas that include:
Airport Circle
Gushan 2 Circle
Mohakhali Flyover
Bijoy Sharani
Linking Road
New Market
LAUNCHING ELITE-PAINTS
We will launch Elite Paints on February 05, 2014. However, the teaser campaigns will start
from January 5, 2013 so that we can create awareness among the target group.
Have you ever imagined painting your dream??
Have you ever imagined painting your dreams?
LAUNCHING EVENT
We will launch it on February 6, 2014 which is a Friday it will be in the International Trade Fair, Dhaka.
In the fair we will have a huge stall in the middle of the field where the launching Elite Paint in a new
way will take place around 6 p.m. During this event, the new package and the logo will be revealed and
people will be given a small sample of Elite Paints to try out their inner creativity on white boards. They
will also be given tips on how to create designs on walls.
CONCLUSION
That was all about our report which shows how we have rebranded Elite paint which is a dying brand.
Though it is a great challenge for us to rebrand a dying a brand. We have to reestablish the credibility and
value of the product. We have re-branding Elite with an entirely new look, new logo and new slogan and
targeting the middle class/upper middle class. We have also improved our product quality as well as
extended product line. People now will have more choice to select the product with better quality than
before. With good quality and with the promise of making our customers house look sophisticated which
will not only give them warmth but also will give the feel of a beautiful house. For this effort of
reestablishing the brand we will be able to create awareness among people about Elite paints best quality
products.
REFERENCE
Drukenbrod. Mark
Nov 2, 2004,
date of retrieval: 3rd December2011;
Retrieved from: http://www.specialchem4coatings.com/resources/editorials/editorial.aspx?
id=2046
Bangladesh Economics News, January 24, 2010,
Date of retrieval : 3rd December2011;
Retrieved from:
https://www.bangladesheconomy.wordpress.com/2010/01/24/paint-makers-continue-double-
digit-growth/
"Asian Paints Business Strategy."
Upload & Share PowerPoint Presentations and Documents.
Web. 12 Dec. 2011.
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" Making Artists Paint In The Studio By Tony Johansen.
Web.
12 Dec. 2011. <http://www.paintmaking.com/basic_ingredients.htm>.
"What Is Branding and How Important Is It to Your Marketing Strategy?
" Marketing – Information and Advice on Marketing Strategy, Marketing Plans, and Marketing
Careers and Jobs. Web. 12 Dec. 2011.
<http://marketing.about.com/cs/brandmktg/a/whatisbranding.htm>.
RAK Paints (Pvt) Limited. Web. 12 Dec. 2011. <http://www.rakpaintsbd.com>.
Paint Your Dream with Elite