Marketing Plan Cylindrical Toothbrush Market Size World population : 6,886,200,000 =>too big Lets focus on UK, instead ~58 million people Minors ( <10 ) => 8 million Elders ( > 65 ) => 10 million 40 million people is targetted Brushes must be replaced each 3 months 120 million toothbrushes are sold*. http://www.kgbanswers.co.uk/how-many-toothbrushes-are-sold-in-france-per-capitacompared-to-the-uk/2122861 Map statistics to cylindrical toothbrush 120 million toothbrush means 120 million sale of brush part. ( Remember, it is replaceable ) Price for a brush? 5$ ? http://answers.google.com/answers/threadview?id=195263 Competitors No competitor in the same category ( => patented idea!) Maybe in traditional electric toothbrushes Competitors are partners for some countries. Oral-B Customer Segmentation All ages, all cultures are our target Must produce different types of product for different customer segments Teen-Elders Male-Female Different sizes for smallers and biggers Differentiation also means cost! => Choose largest segment, only produce special type for them Sale & Pricing Average price for electric toothbrushes? => 50$ Cost? Price for cylindrical toothbrush? Depends on production capacity! Distribution Mainly sold in big markets Most countries have established distribution channels for gross markets for similar products (for drinks, meats etc) Similar distribution channels for healthcare products Since our product is not consumed on daily basis, it is better to use established distribution channels Promotions Utilize “word of mouth” Some people advertise for you Reach them by promotions Who are they? Those who are very sensitive for oral health, Buys other healthcare products as well, Have higher income Have promotions with similar products ( health care, high price ) Advertisements Use all means of advertisements TV is the most important one, also most expensive! But definitely, will amortize the cost The income heavily depends on advertisement