2. MARKETING AND PROMOTION/COMMUNICATION OBJECTIVES 2.1. Market share and sales volume:• Reach 26% market share in the end of 2011. • Growth rate annually is 15%. • Invest $1,700,000 in marketing campaign like ads on TV, magazines and newspapers and OOH activities; focusing on sales promotion and PR to increase 30% of sales volume and building brand image. • Marketing campaign takes 1 year from October 2010 to October 2011 because of Holiday obligations such as Mother‟s Day, Teacher‟s Day, Christmas, Tet Holiday, Valentine and Women‟s Day. That is the best time for us to promote Sales promotion. Furthermore, June, July and August is summer holiday, thus, this is great opportunities for us to attract our customers join in contest with us. • Success on raising brand awareness to more than 90% by fulfills customer satisfaction and customer expectation. From that, we will live up the positive attitude toward. 2.2. Communication effects sequence: The hierarchy of effects are based on assumption that when consumers exposure to marketing communication, they would pass through a sequence of steps. Please refer to Appedix 2 of Hierarchy of marcom effects (Shimp 2010). Then, the objectives of communication effects sequence are as follow, • From Unawareness to Awareness: To increase overall attention and awareness of Pond‟s White Beauty to at least 90% of target customer (teenagers and young adult).• From Awareness to Expectation: Enhance customers‟ knowledge of the product; specify clearly what they can expect from buying and using Pond‟s White Beauty, by ensuring to use a clear, single message for many marcom tools. The message must clarify the product‟s unique characteristic-“providing you a healthy, pinkish-white skin, not an unnatural white one”. Ensure the message can reach up to 82% of target market. • From Expectation to Trial Providing chance for target customers to try the product, by giving sample. Ensure the sample is given in at least some big universities, high school as well as supermarkets. So that the trial rate could range from 45-50% of target customer. • Enhancing Attitude and Belief Reinforcing good attitude and belief of our brand and product, by not only the product quality, but also by performing a good job in other relevant activities, such as the Pink Christmas event and Contest. Promoting the brand image “Pond‟s White Beauty brings you a shining rosy-white skin as you wish” To build a positive attitude and belief in at least 32-35% of customers • Affecting Purchase Behavior and building Brand Loyalty: All above marcom efforts are to ensure the increasing in the market share up to 26% in target segment. To build up Pond‟s White Beauty loyalty rate at more than 20% in target customers. The message must clarify the product‟s unique characteristic “providing you a healthy, pinkish-white skin, not an unnatural white one”.
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