Executive Summary The application of the four Ps (Product‚ Price‚ Promotion‚ and Place) of marketing revolves mainly around the customers in the target segment. The target segment for any product is that homogeneous group of people which is purported to be the most potential customer for the product. The market follows the Pareto Principle‚ which says that 80 per cent of the sales come from 20 per cent of the people. Thus‚ for any product‚ one of the major tasks of marketers is to identify the
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Product & Brand Management Assignment On GAR IER Submitted by: Jyoti Singh PR : 08020741092 I TRODUCTIO Garnier is one of the major players in the Market which diversifies its Skin & Hair Care Product Range right from Shampoos‚ Conditioners‚ Skin Creams & Moisturisers to Facewash & Body Treatment Sprays. Garnier is a sub-brand of Global Fashion major L’oreal which has its presence across countries like USA‚ Singapore‚ Italy‚ Australia‚ Canada‚ India and many others. Its an international
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GARNIER SHAMPOO PROJECT OBJECTIVE: The objective of our project is to comprehensively research on one of the most successful sub-brands of L’Oreal- GARNIER. * Within Garnier‚ we have incurred a study on the hair care product range of Garnier that is Garnier Fructis and Ultra Doux. We have essentially focused on shampoos and conditioners. * We have researched on the brand perception of the product by the customers and customer loyalty towards the product. * The stress however has been
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MMBGIMS SUBJECT MARKETING MANAGEMENT TOPIC- NEW PRODUCT DEVELOPMENT Submitted to: Prof. Yasmin Singaporewala GROUP MEMBERS NAMES ROLL NO 1. Akanksha Desale 68 2. Shradha Doggala 71 3. Samadan Kakde 81 4. Supriya Pawar 100 5. Kirti Pawaskar
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INTRODUCTION Life cycle costing is one of the various techniques in strategic management. It is a procurement as well as production costing technique that considers all life cycle costs. Besides‚ it is also a tool to determine the most cost-effective option among different competing alternatives to do a project‚ when each is equally appropriate to be implemented on technical grounds.This report will discuss life cycle costing in the view of production costing technique. In manufacturing‚ the
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number of benefits associated with life cycle costing. (a) The life cycle concept results in earlier actions to generate revenue or to lower costs than otherwise might be considered. (b) Better decisions should follow from a more accurate and realistic assessment of revenues and costs‚ at least within a particular life cycle stage. (c) Life cycle thinking can promote long-term rewarding in contrast to short-term profitability rewarding. (d) The life cycle concept helps managers to understand
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iPod touch viewed as in final stage of product life cycle By Neil Hughes With the iPad mini now joining the iPhone and iPad 2 in Apple’s sub-$400 product lineup‚ the company is expected to reduce its investment in the iPod touch going forward. Ming-Chi Kuo of KGI Securities‚ an analyst with a strong track record in relation to Apple’s future plans‚ said in a research note this week that the iPod touch "has entered the final stage of its product life cycle." The latest version‚ released this
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Brand Life Cycle The three phases through which brands pass as they are introduced‚ grow‚ and then decline. The three stages of the brand life cycle are the introductory period‚ during which the brand is developed and is introduced to the market; the growth period‚ when the brand faces competition from other products of a similar nature; and‚ finally‚ the maturity period‚ in which the brand either extends to other products or its image is constantly updated. Without careful brand management‚ the
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All product categories have a specific life span called the product life cycle. Many factors‚ such as competition and technology‚ affect brands and their product life cycle. Nevertheless‚ brands or products typically go through five stages of growth: development‚ introduction‚ growth‚ maturity and decline. Characteristics for each stage differ and in response to the different needs of the product as it moves through its life cycle‚ the market mix used during these stages differ as well. Understanding
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LIFE CYCLE COSTING Life cycle costing (LCC) is the process of collecting‚ interpreting and analyzing data and using quantitative tools and techniques to predict the future resources that will be required in any life cycle of a system of interest. LCC can also be defined as a technique to establish the total cost of ownership. It is a structured approach addresses all the elements of this cost and can used to produce a spend profile of a product over its life span. The result of LCC usually
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