Axe Cologne By: Emily Kaminski‚ Tyler Melville‚ David Lee Miller‚ Lazar Radicevic‚ Jaclyn Schwarz‚ Matthew Tesch‚ Kyle Trelka Table of Contents Introduction 3 History 3 Objectives 4 Product 4 Price 5 Promotion 6 Placement 7 Target Audience 8 Budget 8 SWOT 9 Competition 9 Marketing Issues 10 References 11 Introduction Our marketing team has taken on the challenge
Premium Advertising Brand Brand extension
Something that is printed on practically all AXE products summarizes what AXE is really trying to sell. When one looks at an AXE product there is not much to it; it is usually plain with very little color. Something known as the “AXE Effect” is printed on the bottle and/or can of the AXE product. “The AXE Effect may result in‚ but is not limited to‚ unrelenting female attention and/or late nights.” It is one simple‚ obscene sentence that summarizes what the brand stands for‚ how it is marketed‚ promoted
Premium Marketing Attention-deficit hyperactivity disorder Male
message behind the Axe commercials is quite simple: Use Axe body sprays and women will pursue you. Even though many ads online may claim to be selling magic pheromones that are “100% Guaranteed to Attract Sex Now‚” it’s pretty safe to say that there is no such thing. If it were true eHarmony and Match.com would be filing for Chapter 11 right about now. Nevertheless‚ commercials targeting young adults‚ such as Clearasil and Axe‚ adamantly glorify these unrealistic fantasies. In 2008 Axe released a body
Premium Marketing Advertising Graphic design
Unless a target market is selected and well researched and understood; whatever a company will produce will not be desired by the consumers as it is not perceived satisfactory or meeting the needs of that specific market. Market segmentation will allow the company to: 1. Be able to match each product with the customer need that it satisfies; different products to meet the different needs. 2. Will better enhance profits‚ as with market segmentation‚ company will be able to price / increase price
Premium Marketing
Market segmentation in the European airport sector Category of segmentation Loyalty of segmentation Creating a loyal consumer depends upon having an understanding of the factors that influence purchasing behaviour. Ballini (1993) maintains that the loyalty exhibited by consumers towards an airport can be divided into four distinct categories‚ i) loyalists‚ ii) defectors‚ iii) mercenaries‚ iv) hostages. According to Ballini (1993) denied that loyalists is represent the most important group of consumers
Premium
Market Segmentation Market Segmentation means breaking down the total market into self contained and relatively homogeneous subgroups of customers‚ each possessing its own special requirements and characteristics. This enables the company to modify its output‚ advertising messages and promotional methods to correspond to the needs of particular segments. Accurate segmentation allows the firm to pinpoint selling opportunities and to tailors it’s marketing activities to satisfy on consumer needs.
Premium Marketing Product differentiation Psychographic
Targeted audience of Bling h2o if it were available in Australia would mainly be single Generation Y females who live in a an urban or suburban area and from higher priced region such as North Shore of Sydney‚ Southern regions of Melbourne due to the fact that people with residency in such suburbs have a soaring average income upwards of $90 000 (Saulwick 2009) and are more likely to forfeit money for a bottle of Bling h2o. The Bureau of Statistics shows that 23% of residents of Sydney’s Mosman
Premium Bottled water
Market Segmentation of Skin Care Products Introduction The quest for beauty is an endless endeavour at all times. Despite the old saying cautioning us that beauty is only skin deep‚ billions of dollars is spent on skin care products every year for men and women‚ young and old alike. In this multi-million-dollar industry‚ every company tries hard to maximize their profit. One of the most common methods they apply is market segmentation. As every customer has unique needs and expectations towards
Premium Human skin color
The current Axe print advertisement in question is part of a global campaign to promote its new line of “Peace” products‚ trying to strike down the sexist image it had previously. Axe partnered with a non-profit organization called Peace One Day and aims to promote peace in the world by an anti-war agenda and also gender equality. An end to the gender wars. This is an example of using polysemy through the slogan “Make Love‚ Not War”‚ which is the use of the phrase to incorporate multiple meanings
Premium Ideology Gender Feminism
Company Introduction‚ Market Segmentation‚ and Product Positioning MKT 500 - Assignment 1 Professor Joel Nwagbaraocha January 28‚ 2013 The key to successful product implementation in today’s national enterprise system is the effective marketing of a new product with the company’s line of existing products. As stated by Lacobucci (2012)‚ marketing is defined as an exchange between a company and its customers. The customer wants something from the company or firm
Premium Marketing Management Business