This document discusses analyzing a product's market positioning, brand acceptance, competitors, reasons for low market share, and growth avenues. It identifies strengths as existing brand equity and loyalty but weaknesses as limited product range and refill availability. Opportunities include a lack of competitors in the price bracket, while threats are well-entrenched competitors. Surveys found issues with distribution and a lack of refills discouraging retailer sales. Strategies proposed include improving distribution, entering the lower price segment, clarifying positioning, and revisiting the marketing mix.
This document discusses analyzing a product's market positioning, brand acceptance, competitors, reasons for low market share, and growth avenues. It identifies strengths as existing brand equity and loyalty but weaknesses as limited product range and refill availability. Opportunities include a lack of competitors in the price bracket, while threats are well-entrenched competitors. Surveys found issues with distribution and a lack of refills discouraging retailer sales. Strategies proposed include improving distribution, entering the lower price segment, clarifying positioning, and revisiting the marketing mix.
This document discusses analyzing a product's market positioning, brand acceptance, competitors, reasons for low market share, and growth avenues. It identifies strengths as existing brand equity and loyalty but weaknesses as limited product range and refill availability. Opportunities include a lack of competitors in the price bracket, while threats are well-entrenched competitors. Surveys found issues with distribution and a lack of refills discouraging retailer sales. Strategies proposed include improving distribution, entering the lower price segment, clarifying positioning, and revisiting the marketing mix.
Competitors analysis Possible reasons for low market share Growth avenues for the company Strength Weakness •Existing global brand equity •Refills not available for many •Existing brand loyalty variants •Global R & D •Very limited product range in •Good aesthetics mass segment •Possible weakness in distribution system •Lack of promotional activities to increase brand awareness Opportunity Threat • There are not many •Well entrenched competitors competitors in the 30-70 price such as Cello in ball point bracket market • Tie up with corporate for standard stationary supplies to employees Area of survey: Ghatkopar, Chembur No of retailers surveyed: 17 Possible missing links in distribution chain Absence of a strong distribution system discourages the retailers from pushing the product to the customers (lack of refills) Weak distribution system No presence in the lower price segment which can help in volume leadership Lack of clear cut positioning in India (On the contrary in the international space uni-ball is positioned by equating the writing experience to emotions) Unavailability of refills Personal interviews starting with retailers, distributors and stockists to understand the gaps in the distribution system Detailed market analysis based on questionnaires regarding the utility derived from pens Revisiting the current marketing mix and reframing the same based on the 7 Ps and 4 Cs Prime focus areas – for debottlenecking Achieving market leadership in mid segment Driving growth by volumes – downward stretching Identifying a short term and long term strategies for increasing market share