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Marketing Concepts Assignment - Soup Industry in Australia

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Submitted By greateva
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Marketing Concepts Assignment
Soap Industry

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Tutor: Joan Crowe

Subject: Marketing Concepts

Due Date: May 21st, 2003.

Executive Summary

This report has been commissioned to Luke Bishop. The company wants to re-evaluate its marketing approach for their business in Soap Industry in Australia.

The purpose of this report is to give the Luke Bishop an overview of the Soap Industry in Australia, analyzing the market and make recommendation to Luke Bishop at approach should the company use in the future.

The report examines the history, marketing size and growth, major players, current states of the industry, its target market and positioning and the use of different marketing mix and approach.

We will discuss the new product “Refresh”. “Refresh” is a spray which can be used for shower instead of using traditional form of soap. It is easy and convenient to use.

In the liquid soaps industry, its grocery value in 2002 is 48.2 millions.
There is an increase of 10.9 percent of sales for liquid soups by comparing to previous year (2001). The sale of soap is growing every year. We can predict that the annual sales of soap will continue to grow in the future.

There is quite a lot of competitor in this industry. We will focus on 4 major competitors. They are Unilever, Colgate-Palmolive, PZ Cussons and Reckitt-Benckiser.

We will also discuss the current status in the marketing, and analysis how different marketing environment will affect the sales.

Not only analyzing the current condition, we will recommend different marketing approach that suit for Luke Bishop re-evaluating its market. For example, select dependent middle class and outgoing travelers as target buyers. We aims to position “Refresh” as a product that provide “Refresh and Relax” to customers. By introducing “Refresh” to the market, this is the time for the

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