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Gillete

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Submitted By abhiammu001
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Pricing
The customers in the target cluster are not very price sensitive. The customers in the cluster prefer brands like Axe and Denim which lie in the price range of Rs 43-45 for a70ml pack. However, since Gillette is perceived as an expensive brand as compared toits competitors, we plan to price our new product slightly cheaper than these brands. Asper our analysis, Gillette should charge a price of Rs 42 for 70ml pack.
9.5.3.

Promotion
Since we see a great opportunity for Gillette in the Shaving cream category, we recommend an aggressive promotional campaign for the new product. Our promotion would adopt a push cum pull strategy

PROMOTION
One important finding of our FGDs and Consumer Survey was that not a single consumer was aware of the fact that Gillette has 9 variants in the shaving gel/foam category alone. This can be attributed to one or more of the following reasons:
The brand equity of Gillette is very high (57% TOMR in our study). But the category development is pretty low.
The consumers have low involvement and do not search for information. This implies that shaving cream/gel/foam is more of a commodity.
Gillette has spent on advertisements only for the razors and not on shaving gel/foam or aftershaves. Hence the information available to public is limited. To DE commoditize the category, to increase customer loyalty and repeat purchase, promotions have to be done on a bigger scale than what is currently been done. The promotions should have more of a pull effect in the advertisements that communicate not just the price and offers/discounts but also the values, attributes which the consumer can relate to. In short, more information has to be communicated to the consumer through ads, trade promotions etc. Some initiatives by Gillette:
ADVANTAGE GILLETTE: Three Gillette winners from India were sent to the finals of the 2006 Wimbledon

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