Wednesday, 2 October 2013

Marketing Mix

Marketing Mix
PRODUCT
· Colgate toothpaste adds value to customer’s life by continues innovation and research.
·  It also adds utility and continuously meeting the wants and need of targeted group by providing different sub-categorized and customized tooth paste for different usages of customer.
·  Its products are unique and different from all similar products that are available on the market.
· Colgate’s strategy is to differentiate  products design and strategy from all others, which in turn causes the toothpaste to stand.
PRICE
·    Price is something which controls competitiveness of any product, so in case of Colgate.
·  It’s prices are almost same or less than it’s competitors giving it an extra advantage to affect customer psychologically.
· This pricing strategy is the result of positioning the toothpaste as a mainstream product rather than a niche product.
a
Visible white
100g
68.00
Max fresh
150g
64.00
Total 12
75g
40.00
Strong teeth
100g
35.00
Sensitive pro
100g
78.00  







PLACE
·   Place represents location where a product can be purchased. The most     important part is how a product goes from seller to buyer.
·  Colgate’s product goes through a channel of distribution which includes manufacturer, wholesaler, retailer and consumer.
·      The distribution strategy for toothpaste is through dentist, plastic surgeon, drug stores, large retail stores, department stores and mom n pop shops.
·     All toothpaste products are available throughout India including urban, semi-urban and rural markets.
PROMOTION
·      Colgate communicates product promotions through advertising, publicity and   sales promotions.
·      Colgate benefited a lot through in-store displays.
·     Colgate’s advertising strategy focuses on TVC and print media.
·       It also promote its product through radio and print for rural customers. 




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