Professional Documents
Culture Documents
Marketing Assignment
Marketing Assignment
1. Introduction:....................................................................................................................2
1.1 Background of Unilever............................................................................................2
1.2 Background of sunsilk:..............................................................................................3
1.3 Origin of report..........................................................................................................4
1.4 Scope of study............................................................................................................4
2. Objective and methodology.............................................................................................6
2.1 Objective of the study:...............................................................................................6
2.2 Methodology:.............................................................................................................6
2.2.1 Research method.................................................................................................6
2.2.2 Primary source:...................................................................................................6
2.2.3 Secondary source................................................................................................7
2.2.4 Limitations of the study......................................................................................7
3. Strength &weakness........................................................................................................8
3.1 Strength &weakness of Unilever...............................................................................8
3.1.1 Strength of Unilever:..........................................................................................8
3.1.2 Weakness of Unilever:........................................................................................9
3.2 Strength &weakness of Sunsilk.................................................................................9
3.2.1 Strength of Sunsilk.............................................................................................9
3.2.2 Weakness of Sunsilk.........................................................................................11
3.3 Strength and Weakness of Shampoo........................................................................12
3.3.1 Strength of shampoo.........................................................................................12
3.3.2 Weakness of shampoo.......................................................................................12
4. Segmentation, Targeting & Positioning.........................................................................13
4.1 Segment the market.................................................................................................13
4.1.1 Demographic segmentation..............................................................................13
Consumers needs and wants change with age. Sunsilk is basically a feminine brand.
Even though there is an specific age group using Sunsilk but there is no limitation of
age..................................................................................................................................14
4.1.2 Geographic segmentation.................................................................................14
4.1.3 Psychographic segmentation............................................................................14
4.2 Target market of Sunsilk..........................................................................................14
4.3 The positioning strategy...........................................................................................15
4.3.1 Points of Parity (POP)......................................................................................15
4.3.2 Points of Difference (POD)..............................................................................15
4.3.3 Branding Decisions...........................................................................................16
4.3.4 Brand Elements.................................................................................................16
4.4 Defining the marketing Mix:...................................................................................17
4.4.1 Product..............................................................................................................18
4.4.2 PRICE...............................................................................................................19
4.4.3 PROMOTION...................................................................................................19
4.4.4 Place..................................................................................................................20
5. Conclusion & Recommendation....................................................................................22
5.1 Conclusion...............................................................................................................22
5.2 Recommendation.....................................................................................................22
Reference...........................................................................................................................25
1. Introduction:
1.1 Background of Unilever
Unilever is a British-Dutch multinational corporation that owns many of the
world's consumer products brands in food, beverages, cleaning agents and
personal care products.
The branch of Unilever in Bangladesh is named Unilever Bangladesh Limited.
Unilever's main international competitors include Nestl and Procter & Gamble.
They also face competition in local markets or product.
Company Milestone
19th
Although Unilever wasn't formed until 1930, the companies that joined
century forces to create the business we know today were already well established
before the start of the 20th century.
1900s
1910s
Tough economic conditions and the First World War make trading
difficult for everyone, so many businesses form trade associations to
protect their shared interests.
1920s
1930s
Unilever's first decade is no easy ride: it starts with the Great Depression
and ends with the Second World War. But while the business rationalises
operations, it also continues to diversify.
1940s
1950s
1960s
1970s
Hard economic conditions and high inflation make the 70s a tough time
for everyone, but things are particularly difficult in the fast-moving
consumer goods (FMCG) sector as the big retailers start to flex their
muscles.
1980s
Unilever is now one of the world's biggest companies, but takes the
decision to focus its portfolio, and rationalise its businesses to focus on
core products and brands.
1990s
The business expands into Central and Eastern Europe and further
sharpens its focus on fewer product categories, leading to the sale or
withdrawal of two-thirds of its brands.
The
The decade starts with the launch of Path to Growth, a five-year strategic
21st
plan, and in 2004 further sharpens its focus on the needs of 21st century
century consumers with its Vitality mission. In 2009, Unilever announces its new
corporate vision working to create a better future every day with brands
that help people look good, feel good and get more out of life.
America and the Middle East and is the number one hair care brand in
Bangladesh, India, Brazil, Argentina, Bolivia, Sri Lanka and Thailand.
Timeline
1954
1955
1964
1968
1971
1975
2003
2008
2009
The books say a lot about segmenting, targeting and positioning. But the real life
scenario is quite different from what is written in the book. Our basic purpose was
to relate the real life scenario and the book. Through out the study and making of
this term paper we have come across various situations and conditions of business
which was very much different from what we learn in the classroom.
For the study we did not only survey by ourselves but also interviewed the
Marketing Manager of Unilever Bangladesh Ltd.
2.2 Methodology:
2.2.1 Research method: It is said that Sunsilk is one of the largest selling
shampoos in Asia, Latin America and Middle East. Our purpose is to prove that
this fact is right about Sunsilk and verify its strength and weakness. In order to
reach in our destination or to complete the report with proper and relevant
information we collected data from several sources. We collected data from both
primary and secondary sections.
2.2.2 Primary source: The primary source was the survey that we planned by
preparing questionnaire to analyze the view point of the consumers. The
questionnaire was based upon Sunsilk the brand name and also the product
shampoo. Samples of the questionnaire are given in appendix. We selected
hundred random people of different age groups and professions and asked them to
fill up the survey form. After collecting all information we thoroughly went
through each answer and analyzed the percentage.
As the primary source we as well interviewed the marketing manager of Unilever.
We as well analyzed the information he gave verbally about their product.
2.2.3 Secondary source: The secondary source is the documents shown by the
company Unilever on Sunsilk and the generalized report on Unilever. We as
well browsed internet to collect relevant information.
2.2.4 Limitations of the study: We faced lots of problem to complete this
term paper. Collecting information from corporate level is very much tough, not
only that we spent most of our time to prepare this term paper so that, it looks
better and also error free.
The employees of the company were not very friendly to give their corporate
information showing the reason of security and privacy. The information given
was insufficient for marketing undergraduate students. Some of their information
really puzzled us. Yet we hope and believe that we have succeeded in making
standard term paper.
3. Strength &weakness
Regardless of their brand strength, Unilever products still has their own
weaknesses. Although company performance was good, there were some products
which was not doing that well in the market which were expected to perform fine.
Even though the set target was 10%, some of leading products only could attain 45%.
Even though Unilever has 1600 brands, only core (400) brands gain 90% of sales.
Thus the advertising and other expenditure is wasted on other 1200 products
where as the return was only 10% of total income.
protection.
communication system.
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Very good distribution network all over Bangladesh, in all major and small
cities.
Mind share: To buy a shampoo rational consumers firstly think about Sunsilk
due to the benefits offered and the price of each sachet or bottel.
This analysis was done by the survey questions. There were several questions
comparing Sunsilk with other brands to analyze the position of Sunsilk in the
target customers mind. The survey results show that 65% of the customers think
of Sunsilk. During the survey Sunsilk was not only compared to its competitors
but also other brand of shampoos offered by Unilever. Therefore it shows that
Sunsilk occupied more space in the minds of the customers than any other product.
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Market Share: Sunsilk as a market competitor, they are steadily gaining market
share. At present market situation, they capture 34% of total market share.
This analysis was found by questioning the marketing manager of Unilever. From
2004 till date Sunsilk has shown a rapid growth in market share, not only
compared to its competitors but also other brands offered by Unilever. The
benefits offered by this product captured the customer minds faster than any other
product available in the market.
Targets are mostly female customers. They overlook the large potential market
segment i.e. male customers. Their competitors excel by providing benefits for
both genders.
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Some shampoo contains vitamin E which is really good for our hair and it
Low toxicity.
Good biodegradability.
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Slightly acidic, (pH less than 7), since a basic environment weakens the hair by
breaking the disulfide bonds in hair keratin.
Demographic factors are the most popular bases for segmenting customer groups.
In demographic segmentation Unilever segments Sunsilk with Age and Income
segmentation.
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Income:
Income segmentation has long been used in personal care products. They market
their product as sachet and different sizes of bottle, so that different level of
consumers can afford it.
14
Sunsilk target its market on the basis of consumer buying behavior, income level,
and purchasing power of people. For which quantity of the product can be changed
according to the income and purchasing power of the consumers as in case of
Sunsilk 120ml and 5ml packs are also available to target low income groups.
Antidandruff solution
15
We found that PODs for Sunsilk is Co-creation formula created by experts. They
came with this idea to grab the market and to be superior in the market. From 2009
Sunsilk started working with a number of professional hair "experts" to develop
new and improved products. Each hair issue" links to an "expert with the
relevant specialist hair knowledge. For example, Dr Francesca Fusco, a New York
dermatologist, co-created a hair fall variant forth brand. The lineup also
includes: Jamal Hammadi for Black Shine, Rita Hazan for Vibrant Colour, Teddy
Charles for Plumped Up Volume, Thomas Taw for Damage Reconstruction,
Ouidad for Defined Curls and Yuko Yamashita (known for Japanese hair
straightening) for Perfect Straight.
4.3.3 Branding Decisions: Branding strategy is one of the most vital decisions
taking by marketers. It is a strategy, which brings lots of positive feedback for a
firm. The first branding decision is whether to develop a brand name for a product.
Today, branding is such a force that hardly anything goes unbranded.
Unilever follow individual name for setting brand name for their different
products, such as Sunsilk, Dove (Shampoo), Ponds, Fair & lovely, Dove for skin
care. Unilever get a major advantage of an individual name strategies that the
company does not tie its reputation to the products. So, if any brand fails or
appears to have low quality, the companies name or image is not hurt.
4.3.4 Brand Elements: Brand elements can play a number of brand building
roles. Brand elements are those trademark able devices that identify and
differentiate the brand. Most strong brands employ multiple brand elements.
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Marketers choose brand elements to build as much brand equity as possible. Brand
elements such as: memorable, meaningful, likable, adaptable and protectable. We
describe those elements in short as follows:
marketing programs set the brand name in consumers mind. Sunsilk is an easily
memorable brand name.
Consumer thinks about Sunsilk as a product which solve their problem relating
with hair.
Likable: From our research we found that most of the people like the brand
Adaptable: another fact which we saw in Sunsilk. Different pack size and
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4.4.1 Product
Black Shine: Enriched with Amla energizer for black hair that lacks luster.
With its new pearlier texture and the goodness of Amla, Sunsilk Black
Shine nourishes from deep within to reveal blacker, shiner, silkier hair.
Hair Fall Solution: Enriched with Ginseng and Soya energizer for hair that
breaks easily. It works on the weak spot of your hair, so with the hair strand
reinforced, your hair grows beautifully long even before you know it.
Soft and Smooth: Enriched with egg and almond oil energizer for hair that
feels rough and dry. It nourishes deep within the hair strands, smoothens
out those tangles and brings out the softness you can really feel.
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Anti Dandruff: Enriched with citrus cream and ZPTO energizer that drives
out dandruff and restores the natural beauty of hair.
Damage Repair: Enriched with olive oil energizer, Sunsilk Damage Repair
repairs damaged hair to give hair that looks healthy and nourished
4.4.2 PRICE
UNILEVER claims to practice value-based pricing in which the customers
perception of the products price provides a starting point for developing the
marketing mix of the product. The research department determines this price
usually by using focus groups. The price of BDT 2 for Sunsilk shampoo sachets
shows how the price also reflects a concern to make the purchase more
convenient, since the taka is denoted in this value.
Sunsilk is also available in 200ml bottles for BDT 220 and 400ml bottles for BDT
480 keeping in mind the demand and wants of customer segment.
The primary importance of this value-based pricing is that the product demand
will be much higher if its price is in line with the customers perception of its
value. One crucial concern for value-based pricing is strict management of cost in
order to be able to make a profit at the value-based price. After determining the
initial price, UNILEVER uses target costing in order to achieve the required
profits.
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4.4.3 PROMOTION
Build top of the line consumers awareness.
Creating a personality of the brand.
Besides having these general objectives, the advertising objectives are set avoiding
to the advertising strategy for each product, e.g. Sunsilk advertising objectives
since it was being re-launched were:
To increase the usage.
Conditioning benefits.
Makes the hair appear clean and shiny.
Imparts a feeling of freshness-due to fragrance.
Easy to manage, silky, soft hair.
Unique shampoo for every hair type.
Effectively communicate brand promise.
Promotional strategy
Sponsored short films that were broadcast during popular television shows.
Music videos
Demo campaigning
Billboard
Sponsorships
4.4.4 Place:
20
Sunsilk
uses
several
channel,
coverage,
assortment,
locations
and
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5.1 Conclusion:
The shampoo industry of Bangladesh consists of a few producers. The demand for
this product is very much vulnerable in terms of pricing. Unilever Bangladesh is
providing Sunsilk at a price which is affordable to most of the people in the
country. Shampoo is an uprising product in Bangladesh as a greater portion of the
population, as female, are now getting more hair conscious. As a multinational
company Unilever Bangladesh with heavy promotional activities, has been able to
penetrate the market.
With many different varieties, three different package, international standard and
high quality design, as a product, Sunsilk has been highly successful over the
years. Its distribution process is highly efficient. Its promotional activities, like the
beauty contest has been a milestone in attracting a huge number of customers.
Overall with its marketing activities Sunsilk has been a successful brand.
The only place where rival companies are progressing is in giving customers
redemption offers. Research revealed that Bangladeshi customers are highly
attracted to this sort of offers. These offers are not sustainable in the long run but
still it takes away a considerable part of Sunsilk sale in the short run.
5.2 Recommendation:
The team would suggest some recommendations to Unilever Bangladesh Ltd. to
adopt more successful operation in Bangladesh.
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1. The Sunsilk is a global company and each country has own culture.
Therefore Sunsilk should incur promotional activities according to the
culture of Bangladesh, for Bangladeshi people.
2. Sunsilk can arise and ensure social responsibility in the society, so they
would establish themselves in customer mind and customer would be loyal
about Sunsilk. Sunsilk must focus on social responsibility, to maintain
image among customers, mainly advertisement covers huge expenses of
Sunsilk, but we recommend them to cut their advertisement expenditures,
in the economic crisis and should more focus on corporate social
responsibility (CSR).
3. Even though Sunsilk has varieties of shampoo yet among those only 5 are
available in Bangladesh. Unilever should introduce new varieties in order to
increase revenue.
4. Sunsilk is well known for its shampoo & the company promotes the brand
in terms of the shampoo. The brand has other products such as conditioner.
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Reference:
http://www.scribd.com/doc/34994170/Sunsilk-Its-Branding-Strategies
http://en.wikipedia.org/wiki/Sunsilk
http://ncbd.net/product.php?id_product=1082
http://www.oppapers.com/search_results.php?
action=search&query=CSR+of+sunsilk
https://www.oppapers.com/join.php
http://bangladesh.gangofgirls.com/register/register.asp?go=1&gangName=
http://www.ikmagazine.com/xq/asp/sid.0/articleid.4D8FDB40-41CB-4278-
90E3-FA955C7A1CF4/eTitle.CASE_STUDY_Unilever/qx/display.htm
http://www.oppapers.com/subjects/weaknesses-of-unilever-page1.html
http://www.oppapers.com/subjects/sunsilk-bangladesh-page1.html
http://www.blurtit.com/q9184169.html
http://www.scribd.com/doc/35065384/Sunsilk-Branding-Srategies-
powerpoint
http://www.scribd.com/doc/34994170/Sunsilk-Its-Branding-Strategies
http://www.ehow.com/about_5513151_sunsilk-shampoo-ingredients.html
http://www.worldofhair.com/questions/healthyhair-shampoo.htm
http://www.savvyskin.com/shampoo-ingredients-to-avoid
http://www.sunsilkhairproducts.info/privacy-policy/
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