Wednesday, 24 September 2014

HOLISTIC OR SUSTAINABLE MARKETING

HOLISTIC MARKETING


HOLISTIC MARKETING


A marketing strategy that is developed by thinking about the business as a whole, its place in the broader economy and society, and in the lives of its customer. It attempts to develop and maintain multiple perspectives on the company's commercial activities.


Surf Excel is one of the most consumer oriented brands in the country. The kind of consumer penetration and network that Surf Excel has, under the umbrella of HUL is highly extensive. "One of the values is that Surf Excel is sensitive to the pains and needs of the others.

SOCIAL MEDIA CAMPAIGNS adopted by Surf Excel:

  1. Fulfil a Wish: Users can reach out to their nearest NGOs and ask them what they want to give fulfils their need.



  1. Lend A Helping Hand: Users can send out a gift to children from an NGO.


Tuesday, 23 September 2014

SALES MANAGEMENT

SALES 
The number of activities designed to promote consumer purchase of a product or service is sales. While marketing as a discipline primarily caters to demand generation. Sales is majorly concerned about converting demand to revenue. Sales includes stages such as assessing customer needs, presenting product features and benefits to address those needs and negotiation on price, delivery and other elements.

SALES MANAGEMENT

The planning, direction and control of the personal selling activities of a business unit including recruiting, selecting, training, assigning, supervising and motivating as these tasks apply to sales force.

OBJECTIVES OF SALES

  1.  To achieve sales target
  2. To achieve market share targets
  3. To manage dealer network
  4. To organise sales training
  5. To handle customer complaints
  6. To manage sales promotions campaign
  7. To effectively cover market.
Surf Excel has both achieved its sales, market share and has effectively covered markets.
It gives good margin to its distributors and retailers.
It caters to the customer complaints within 24 hours of lodging a complaint on their website.

Monday, 22 September 2014

ANALYSING BUSINESS MARKETS

ANALYSING BUSINESS MARKETS

Participants in the Business Buying Process:

  1. Initiators: People from the Organisation who request or convince to buy; Salesmen, Marketers
  2. Users: The Buyers
  3. Influencers: People who influence the Buying Decision; Budget decision maker
  4. Deciders: People who decide on product requirements; can be kids or elders who dirty their clothes, can be homemakers who keep a check on supplies
  5. Approvers: People who agree or approve the buying
  6. Buyers: buyers might include high-level managers
  7. Gatekeepers: People who disrupt the buying.

Friday, 19 September 2014

BRANDING

BRANDING

  1. BRAND: It is the name, term, design, symbol or any other feature that identifies your products, goods or service as different from those of other products or companies in the market. "Brand" is all-encompassing when used in the marketing terms.
  2. BRAND MESSAGE: It provides the words or terms that help consumers and prospects understand why they should use the product and the company values, or what the company believes in.
  3. BRAND EQUITY: It is the commercial value that can be put on a brand. As we talked about earlier, this increases as a company gains more recognition. 


Surf Excel has capitalised on its early mover advantage and strong hold in the industry to build a valuable brand.

The name itself has such a high value that consumers generalise other detergent powders and call it as "SURF".

The colour of the packets are very attractive and captures attention of the consumers whether they have come to buy this product or not.

The tag line of the brand is so powerful that it has an emotional appeal with the consumers. "Daag Ache Hai"

The brand promises quality, worth and has a strong background of the company HUL.

The Logo is a big, coloured, blotted stain which says about the product.




Thursday, 18 September 2014

SEGMENTING, TARGETING AND POSITIONING

SEGMENTING, TARGETING AND POSITIONING




SEGMENTATION

AMA defines market segmentation as "The process of subdividing a market into distinct subsets of customers that behave in the same way or similar needs. Each subset may conceivably be chosen as a market target to be reached with a distinct marketing strategy."

The market segmentation can only be done based on consumer and their perceived value of the product. The consumers are segmented based on their needs. The consumer also has a perceived value with respect to the product. Segmentation is done based on four factors. Surf Excel's Segmentation as follows:

  • Geographic: All over India; Urban and Rural
  • Demographic: All family sizes; nuclear and joint. TG are females. Mostly middle income groups to upper.
  • Psychographic: 
  • Behavioural: Loyalty, Deliverance of perceived value promised by the product. Quality, Service and economical.
TARGETING

After segmenting the market based on the different groups and classes, you will need to choose your targets. No one strategy will suit all consumer groups, so being able to develop specific strategies for your target markets is very important.

Surf Excel's Target Group:

  • Middle to Upper income groups.
  • Females, Homemakers; somebody who does budget allocation for groceries.

POSITIONING

Positioning refers to the consumer's perceptions of the place a product or a brand occupies in a market segment. A position in the consumer mind-space is achieved by associating benefits of a brand with needs or lifestyle of the segments.

Surf Excel Positions itself as a high quality, medium priced brand which is a necessity in day to day household activities. It has an emotional connect with people as it uses children in its advertisements.