Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Marketing Strategies for Low Income Consumers The Unilever do Brasil Case Ioannis Efstratiou - 56600 – IBDEM Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix Department of Marketing TU Bergakademie Freiberg June 16, 2014 The Four Ps Conclusions SWOT Elements 1 / 35 Table of contents Marketing Strategies for Low Income Consumers 1 Economic & Sociocultural Environment Economic Environment Sociocultural Environment 2 NE Market of Detergents Actual Situation 3 Brand Strategy Motives Opportunity Window Targets 4 Marketing Mix The Four Ps 5 Conclusions SWOT Elements I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements 2 / 35 Economic Environment Geography Marketing Strategies for Low Income Consumers Brazil’s Northeast Region (NE) I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 3 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers Age Distribution : ≈ 60% between 15 to 64 years old I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 4 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers Age Distribution : ≈ 60% between 15 to 64 years old I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix Population Growth : 1,1% (1,4) The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 4 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers Age Distribution : ≈ 60% between 15 to 64 years old I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Population Growth : 1,1% (1,4) Life Expectancy : 65,5 yrs (68,4) Economic & Sociocultural Environment Economic Environment 4 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers Age Distribution : ≈ 60% between 15 to 64 years old I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Population Growth : 1,1% (1,4) Urbanization : 65,5% (78,4) Life Expectancy : 65,5 yrs (68,4) Economic & Sociocultural Environment Economic Environment 4 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers Age Distribution : ≈ 60% between 15 to 64 years old I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Population Growth : 1,1% (1,4) Urbanization : 65,5% (78,4) Life Expectancy : 65,5 yrs (68,4) Household Size : 4 (4) Economic & Sociocultural Environment Economic Environment 4 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers Indexes I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 5 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Indexes GDP per capita : 2.250$ (4,420$) Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 5 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Indexes GDP per capita : 2.250$ (4,420$) Purchasing power parity for NE : 1R$/1R$ (one country) NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 5 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Indexes GDP per capita : 2.250$ (4,420$) Purchasing power parity for NE : 1R$/1R$ (one country) NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets International Marketing income classification : very low – very high (low – medium – high) Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 5 / 35 Economic Environment Population Statistics Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Indexes GDP per capita : 2.250$ (4,420$) Purchasing power parity for NE : 1R$/1R$ (one country) NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps International Marketing income classification : very low – very high (low – medium – high) Household average expenditure for cleaning products : 0,7 to 1,4 % of income (0,51 to 1,15%) Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 5 / 35 Economic Environment Population Indexes Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment The Gini Index Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 6 / 35 Economic Environment Population Indexes Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment The Gini Index Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 6 / 35 Economic Environment Population Indexes Marketing Strategies for Low Income Consumers Social Classes by Income I. Efstratiou Economic & Sociocultural Environment The Gini Index Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 6 / 35 Economic Environment Population Indexes Marketing Strategies for Low Income Consumers Social Classes by Income I. Efstratiou Economic & Sociocultural Environment The Gini Index Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Economic Environment 6 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% Cleanliness is a symbol of : •status •self esteem not important I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% Cleanliness is a symbol of : •status •self esteem not important Wash frequency(times/week) 5 3,9 I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% Cleanliness is a symbol of : •status •self esteem not important Wash frequency(times/week) 5 3,9 Cloth washing is a Social event Nuance I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% Cleanliness is a symbol of : •status •self esteem not important Wash frequency(times/week) 5 3,9 Cloth washing is a Social event Nuance Own washing machine 28% 67% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% Cleanliness is a symbol of : •status •self esteem not important Wash frequency(times/week) 5 3,9 Cloth washing is a Social event Nuance Own washing machine 28% 67% Bleaching necessary 73% 18% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Sociocultural Environment Comparison of Regions on Relevant Aspects Marketing Strategies for Low Income Consumers Characteristic Northeast South Afro-European origins 65% 30% Cleanliness is a symbol of : •status •self esteem not important Wash frequency(times/week) 5 3,9 Cloth washing is a Social event Nuance Own washing machine 28% 67% Bleaching necessary 73% 18% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Economic & Sociocultural Environment Sociocultural Environment 7 / 35 Powder Detergent Market in the NE Washing Process Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets The washing process followed by low-income households in the Northeast : Washing of clothes in the Northeast “...women in the Northeast scrub clothes using bars of laundry soap, a process which requires intense and sustained effort. They then add bleach to remove tough stains and only add a little detergent powder at the end, primarily to make the clothes smell good.”a a INSEAD case study 5188(pp 3). Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 8 / 35 Powder Detergent Market in the NE Comparison of Laundry Soap and Powder Detergents Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 9 / 35 Powder Detergent Market in the NE Comparison of Laundry Soap and Powder Detergents Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 9 / 35 Powder Detergent Market in the NE Comparison of Laundry Soap and Powder Detergents Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 9 / 35 Powder Detergent Market in the NE Market Shares of Laundry Soaps and Detergents Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 10 / 35 Powder Detergent Market in the NE Market Shares of Laundry Soaps and Detergents Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 10 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value Cleanliness, whitening, productivity 24% I. Efstratiou Economic & Sociocultural Environment 1 Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value 1 Cleanliness, whitening, productivity 24% 2 Smell ≡ softness 20% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value 1 Cleanliness, whitening, productivity 24% 2 Smell ≡ softness 20% 3 Ability to remove stains 16% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value 1 Cleanliness, whitening, productivity 24% 2 Smell ≡ softness 20% 3 Ability to remove stains 16% 4 Solubility ≡ foam 16% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value 1 Cleanliness, whitening, productivity 24% 2 Smell ≡ softness 20% 3 Ability to remove stains 16% 4 Solubility ≡ foam 16% 5 Packaging 13% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE What is Important to Consumers? Marketing Strategies for Low Income Consumers Rank Attribute Value 1 Cleanliness, whitening, productivity 24% 2 Smell ≡ softness 20% 3 Ability to remove stains 16% 4 Solubility ≡ foam 16% 5 Packaging 13% 6 Harm colors 11% I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 11 / 35 Powder Detergent Market in the NE Attribute Importance and Consumer Expections in the NE Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 12 / 35 Powder Detergent Market in the NE Attribute Importance and Consumer Expections in the NE Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 12 / 35 Powder Detergent Market in the NE Attribute Importance and Consumer Expections in the NE Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements NE Market of Detergents Actual Situation 12 / 35 Brand Strategy Why go Northeast? Marketing Strategies for Low Income Consumers Two defensive reasons to go NE I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Motives 13 / 35 Brand Strategy Why go Northeast? Marketing Strategies for Low Income Consumers Two defensive reasons to go NE I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Motives 13 / 35 Brand Strategy Why go Northeast? Marketing Strategies for Low Income Consumers Two defensive reasons to go NE I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Motives 13 / 35 Brand Strategy Do what ? Marketing Strategies for Low Income Consumers Two aggressive reasons to go NE I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Motives 14 / 35 Brand Strategy Do what ? Marketing Strategies for Low Income Consumers Two aggressive reasons to go NE I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Motives 14 / 35 Brand Strategy Do what ? Marketing Strategies for Low Income Consumers Two aggressive reasons to go NE I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Motives 14 / 35 Brand Strategy Opportunity Window : Perceived Quality-to-Price Matrix Marketing Strategies for Low Income Consumers 200 Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Perceived quality index I. Efstratiou Marketing Mix The Four Ps Conclusions 0 0 200 Price index SWOT Elements Brand Strategy Opportunity Window 15 / 35 Brand Strategy Perceived Quality-to-Price Matrix : Exclude High Price Marketing Strategies for Low Income Consumers 200 7 Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Perceived quality index I. Efstratiou 4 Conclusions 5 3 Invicto 2 Pop 3 Campeiro 4 Bold 5 Minerva 6 Ace 7 OMO 2 1 Marketing Mix The Four Ps 6 1 0 0 200 Price index SWOT Elements Brand Strategy Opportunity Window 16 / 35 Brand Strategy Perceived Quality-to-Price Matrix : Exclude Top Quality/Low Price Marketing Strategies for Low Income Consumers 200 7 Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Perceived quality index I. Efstratiou 4 Conclusions 5 3 Invicto 2 Pop 3 Campeiro 4 Bold 5 Minerva 6 Ace 7 OMO 2 1 Marketing Mix The Four Ps 6 1 0 0 200 Price index SWOT Elements Brand Strategy Opportunity Window 17 / 35 Brand Strategy Perceived Quality-to-Price Matrix : Exclude Very Low Price Marketing Strategies for Low Income Consumers 200 7 Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Perceived quality index I. Efstratiou 4 Conclusions 5 3 Invicto 2 Pop 3 Campeiro 4 Bold 5 Minerva 6 Ace 7 OMO 2 1 Marketing Mix The Four Ps 6 1 0 0 200 Price index SWOT Elements Brand Strategy Opportunity Window 18 / 35 Brand Strategy Quality-to-Price Perception Matrix : Exclude Medium Price Brands Marketing Strategies for Low Income Consumers 200 7 Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Perceived quality index I. Efstratiou 4 Conclusions 5 3 Invicto 2 Pop 3 Campeiro 4 Bold 5 Minerva 6 Ace 7 OMO 2 1 Marketing Mix The Four Ps 6 1 0 0 200 Price index SWOT Elements Brand Strategy Opportunity Window 19 / 35 Brand Strategy Targets Marketing Strategies for Low Income Consumers We want a new brand to... I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 20 / 35 Brand Strategy Targets Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment We want a new brand to... 1 Address an End User Base (Market Size) of : 53% (low income) × 48 million(population) ≈ 5 to 6 million 4 (average per house) NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 20 / 35 Brand Strategy Targets Marketing Strategies for Low Income Consumers I. Efstratiou We want a new brand to... 1 Economic & Sociocultural Environment 53% (low income) × 48 million(population) ≈ 5 to 6 million 4 (average per house) Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Address an End User Base (Market Size) of : 2 With a Characteristic of : Superiority over low-priced detergents on 1 to 3 – preferably the top – quality attributes. Benchmark threshold : laundry soap. Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 20 / 35 Brand Strategy Targets Marketing Strategies for Low Income Consumers I. Efstratiou We want a new brand to... 1 Economic & Sociocultural Environment 53% (low income) × 48 million(population) ≈ 5 to 6 million 4 (average per house) Economic Environment Sociocultural Environment NE Market of Detergents 2 With a Characteristic of : Superiority over low-priced detergents on 1 to 3 – preferably the top – quality attributes. Benchmark threshold : laundry soap. 3 Following a Market Strategy of : Cost leadership focused on substitution of laundry soap. Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions Address an End User Base (Market Size) of : SWOT Elements Brand Strategy Targets 20 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 21 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 22 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 23 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 24 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 25 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 26 / 35 Brand Strategy Value Chain Marketing Strategies for Low Income Consumers I. Efstratiou Porter’s Value Chain Economic & Sociocultural Environment Economic Environment Sociocultural Environment Support Actual Situation activities NE Market of Detergents Firm infrastructure Human Resources Management Technological Development Primary activities Motives Opportunity Window Targets Margin Procurement Brand Strategy Inbound Logistics Operations Outbound Logistics Marketing & Sales After sale Service Marketing Mix The Four Ps Conclusions SWOT Elements Brand Strategy Targets 27 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Product and Price Specifications Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Product and Price Specifications Product : Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Product and Price Specifications Product : Powder detergent NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Product and Price Specifications Product : Powder detergent Strong aroma. Choice of 2-3. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Product and Price Specifications Product : Powder detergent Strong aroma. Choice of 2-3. Laundry soap < Cleaning power Minerva NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Product and Price Specifications Product : Powder detergent Strong aroma. Choice of 2-3. Laundry soap < Cleaning power Minerva Humidity resistant, small size package. Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Product and Price Specifications Product : Powder detergent Strong aroma. Choice of 2-3. Laundry soap < Cleaning power Minerva Humidity resistant, small size package. Price : Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Product and Price Specifications Product : Powder detergent Strong aroma. Choice of 2-3. Laundry soap < Cleaning power Minerva Humidity resistant, small size package. Price : Comparable to soap plus bleach plus detergent. Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Value Proposition Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Product and Price Specifications Product : Powder detergent Strong aroma. Choice of 2-3. Laundry soap < Cleaning power Minerva Humidity resistant, small size package. Price : Comparable to soap plus bleach plus detergent. Beats any detergent in this category. Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 28 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers I. Efstratiou Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” Physical NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation 1 End User’s Points of Purchase : Local Shops Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation Brand Strategy 1 End User’s Points of Purchase : Local Shops Sell everything, like a miniature supermarket. Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets 1 End User’s Points of Purchase : Local Shops Sell everything, like a miniature supermarket. Provide finance to their customers. Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation 1 Motives Opportunity Window Targets End User’s Points of Purchase : Local Shops Sell everything, like a miniature supermarket. Provide finance to their customers. Brand Strategy 2 Direct Customers : Regional Wholesalers Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation 1 Motives Opportunity Window Targets Marketing Mix The Four Ps End User’s Points of Purchase : Local Shops Sell everything, like a miniature supermarket. Provide finance to their customers. Brand Strategy 2 Direct Customers : Regional Wholesalers Supply local shops with large variety of products. Conclusions SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation 1 Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions End User’s Points of Purchase : Local Shops Sell everything, like a miniature supermarket. Provide finance to their customers. Brand Strategy 2 Direct Customers : Regional Wholesalers Supply local shops with large variety of products. Also provide finance to their customers. SWOT Elements Marketing Mix The Four Ps 29 / 35 Marketing Mix Position Marketing Strategies for Low Income Consumers Consumer’s Mind “Cleans better than soap with less effort” “Choice of strong aromas” “Package increases storage life” “Available at the local shop” I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Physical NE Market of Detergents Actual Situation 1 Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements End User’s Points of Purchase : Local Shops Sell everything, like a miniature supermarket. Provide finance to their customers. Brand Strategy 2 Direct Customers : Regional Wholesalers Supply local shops with large variety of products. Also provide finance to their customers. They are already used by the company. Marketing Mix The Four Ps 29 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Pull Tactics Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Pull Tactics 1 Above the Line Communications Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Pull Tactics 1 Above the Line Communications Television ads NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment Pull Tactics 1 Above the Line Communications Television ads Radio ads NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Pull Tactics 1 NE Market of Detergents Above the Line Communications Television ads Radio ads Economic Environment Sociocultural Environment 2 Below the Line Communications Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Pull Tactics 1 NE Market of Detergents Actual Situation Above the Line Communications Television ads Radio ads Economic Environment Sociocultural Environment 2 Below the Line Communications Exhibitions at points of use. Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Pull Tactics 1 NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Above the Line Communications Television ads Radio ads Economic Environment Sociocultural Environment 2 Below the Line Communications Exhibitions at points of use. Promotional samples at exhibition. Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Marketing Mix Promotion Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Pull Tactics 1 NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Above the Line Communications Television ads Radio ads Economic Environment Sociocultural Environment 2 Below the Line Communications Exhibitions at points of use. Promotional samples at exhibition. Word of mouth. Marketing Mix The Four Ps Conclusions SWOT Elements Marketing Mix The Four Ps 30 / 35 Conclusion SWOT – Strengths Marketing Strategies for Low Income Consumers I. Efstratiou What the company has Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 31 / 35 Conclusion SWOT – Strengths Marketing Strategies for Low Income Consumers What the company has I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment 1 Ability to perform direct primary market research with reliable and quick results. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 31 / 35 Conclusion SWOT – Strengths Marketing Strategies for Low Income Consumers What the company has I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents 1 Ability to perform direct primary market research with reliable and quick results. 2 Experience in introducing a new product into an uncharted market. Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 31 / 35 Conclusion SWOT – Strengths Marketing Strategies for Low Income Consumers What the company has I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment 1 Ability to perform direct primary market research with reliable and quick results. 2 Experience in introducing a new product into an uncharted market. 3 Financial robustness to undertake the investment. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 31 / 35 Conclusion SWOT – Strengths Marketing Strategies for Low Income Consumers What the company has I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment 1 Ability to perform direct primary market research with reliable and quick results. 2 Experience in introducing a new product into an uncharted market. 3 Financial robustness to undertake the investment. 4 Capacity to expand operations w/o administrative shocks. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 31 / 35 Conclusion SWOT – Strengths Marketing Strategies for Low Income Consumers What the company has I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment 1 Ability to perform direct primary market research with reliable and quick results. 2 Experience in introducing a new product into an uncharted market. 3 Financial robustness to undertake the investment. 4 Capacity to expand operations w/o administrative shocks. 5 Distribution channels already in place and working. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 31 / 35 Conclusion SWOT – Weaknesses Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company does not have NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 32 / 35 Conclusion SWOT – Weaknesses Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents What the company does not have 1 A ready-to-go product or brand. Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 32 / 35 Conclusion SWOT – Weaknesses Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation What the company does not have 1 A ready-to-go product or brand. 2 An in situ market research and sales promotion team. Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 32 / 35 Conclusion SWOT – Weaknesses Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets What the company does not have 1 A ready-to-go product or brand. 2 An in situ market research and sales promotion team. 3 A managerial task force assembled for the project. Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 32 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment What the company stands to gain Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company stands to gain 1 Open a new market as a first mover. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents What the company stands to gain 1 Open a new market as a first mover. 2 A brand allowing access to low income customers outside the Northeast also. Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company stands to gain 1 Open a new market as a first mover. 2 A brand allowing access to low income customers outside the Northeast also. 3 Come closer to another untapped market : North. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company stands to gain 1 Open a new market as a first mover. 2 A brand allowing access to low income customers outside the Northeast also. 3 Come closer to another untapped market : North. 4 Improve the company’s brand name through CSR. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company stands to gain 1 Open a new market as a first mover. 2 A brand allowing access to low income customers outside the Northeast also. 3 Come closer to another untapped market : North. 4 Improve the company’s brand name through CSR. 5 Generate new echelons for managerial staff. NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Opportunities Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company stands to gain 1 Open a new market as a first mover. 2 A brand allowing access to low income customers outside the Northeast also. 3 Come closer to another untapped market : North. 4 Improve the company’s brand name through CSR. 5 Generate new echelons for managerial staff. 6 Transform taxes to assets NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 33 / 35 Conclusion SWOT – Threats Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment What the company may lose Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 34 / 35 Conclusion SWOT – Threats Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment What the company may lose In case of failure : The market research expenses NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 34 / 35 Conclusion SWOT – Threats Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents What the company may lose In case of failure : The market research expenses In case of success : Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 34 / 35 Conclusion SWOT – Threats Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents What the company may lose In case of failure : The market research expenses In case of success : Cannibalize “Campeiro” completely. Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 34 / 35 Conclusion SWOT – Threats Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy What the company may lose In case of failure : The market research expenses In case of success : Cannibalize “Campeiro” completely. Cannibalize “Minerva Soap” partially. Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions SWOT Elements Conclusions SWOT Elements 34 / 35 References Marketing Strategies for Low Income Consumers I. Efstratiou Economic & Sociocultural Environment Economic Environment Sociocultural Environment NE Market of Detergents Actual Situation Brand Strategy Motives Opportunity Window Targets Marketing Mix The Four Ps Conclusions http://biblioteca.ibge.gov.br/visualizacao/ livros/liv7924.pdf http://cases.insead.edu/unilever/documents/ Unilever%20IC.pdf http://www.unilever.com.br/Images/HISTORIA_DA_ UNILEVER_FINAL_tcm95-112364.pdf [4] INTERNATIONAL MARKETING – Lecture Notes – Marketing Department – Freiberg University of Technology – MBA Programm International Business in Developing and Emerging Markets – Summer Term 2014 [5] Notes on Business Strategy – J. P. Efstratiou – 2011 SWOT Elements Conclusions SWOT Elements 35 / 35