THE TIMES 100 Downloaded from The Times 100 Edition 13 - http://www.thetimes100.co.uk Edition 13 Nivea : The use of the marketing mix in product launch Answer sheet 1. What is a consumer-led product? When the customer dictates the product market orientated. 2. NIVEA does market research‚ what are the two types of research? Primary and Secondary research 3. What are the advantages and disadvantages of both types of research and give examples? Primary e.g. questionnaires
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Vernette Sinaise Nandy Nedd 1. A Marketing plan is defined as a plan to identify and then meet consumers’ requirements. NIVEA FOR MEN developed its marketing plan after doing a market research. Two pieces of data that NIVEA used when preparing its marketing plan to re-launch NIVEA FOR MEN are: a. Past performance data of NIVEA FOR MEN in the UK to see how the brand was performing and the promotion they used and who was buying the product‚ they were able to determine that women were buying
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Situational Anaylsis: External Environment:pestal trend‚ 5 forces. Competition: Political and legal analysis: The Nivea brand and its product FaceWipes will not face any major political or legal issue as such. We hope to sell the product in accordance and conformance to the UAE laws. All prohibitive ingredients will not be utilized in preparing the product. Other than that the cosmetics industry is not subject to a lot no political constraints and legal regulations. Economic Factors:
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NIVEA is a global skin and body care brand owned by the German company Beiersdorf. NIVEA has a long history in the industry dating back to 1911. NIVEA for men was introduced in the late 1980’s due to a greater demand for male products in a previously female dominated industry. In other words‚ males all over the globe were starting to take an interest in skin care and NIVEA was an innovative market leader. Since then recent estimates show NIVEA for men has ≈ 37% market share in male beauty products
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to the perfume market is DKNY Pure. As a competitor intending to introduce a similar product into the luxury fashion brand perfume market‚ consumer behaviour has important implications for the design of a successful marketing strategy. This paper will outline which key factors marketers should attempt to influence in the design of a marketing strategy to introduce a new luxury brand perfume to the market. Through the use of product positioning‚ identifying buying groups and the target market‚ extensive
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or bMajor Brand Strategy Decision A) Brand Positioning Product attributes - Ford has retained a reputation for building high quality‚ safe and good performing vehicles. Product benefits - Best in quality and class‚ rugged‚ tough‚ green‚ safety‚ and fuel efficiency. In-car technology that allows you to send and receive wireless phone calls and text massages as well as operate nearly portable digital media players with simple voice commands. Beliefs and values - Ford Malaysia is a manufacturer
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Yum! Brands Set To Dominate the Global Fast Food Market Over the last few years‚ Yum! Brands has opened up an average of 4 new brand stores per day around the globe. “The largest share of this growth is coming from its expansion in mainland China” (Burchett). According to Burchett‚ in 2010 alone‚ only counting the franchise Kentucky Fried Chicken stores of the Yum! brand empire‚ the number of stores open for business increased by 13% to 3‚000 restaurants. When compared to global giant McDonald’s
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I. INTRODUCTION A. The Company The Nivea brand is one of the most recognised skin and beauty brands in the world. Nivea now extends to a wide range of products from facial wash‚ deodorant and shower products. In 1980‚ NIVEA FOR MEN was launched and it was a hit. In 1993‚ Nivea For Men developed a fuller range of male skin products. This changed the mind of men who doesn’t use these products. The company research proved that men mainly wanted products that will protect their skin after shaving
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IBM’s Think strategy is a successful example in the innovation of the brands in the twenty-first century. As a result‚ the new consolidate organization can go to the market with one identity. There are three main reasons for IBM to come up with “Think”: the first one is that the ThinkPad’s success has created high awareness in the customers’ mind‚ and then without absolutely giving up the old popular brand‚ IBM’s managers abstract a similar but new brand—“Think”‚ which contains the managers’ expectation
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Beiersdorf brought the now virtually universally known skin cream named Nivea onto the market. Nivea has now grown to be the largest skin and beauty care brand in the world‚ selling products in around 200 countries. Nivea Crème was the first true cosmetic moisturiser‚ and is still Nivea’s signature product. However‚ to meet ever-evolving customer needs and to further penetrate the personal care and cosmetics market; it has extended the Nivea product range to include among others: Body‚ Visage‚ Beauté‚ Sun
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