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Branding a Shaving Gel

In:

Submitted By evoneel
Words 3267
Pages 14
Table of Contents

1.1 Origin of the Report 1
1.2 Objectives of the Study 1
1.2 Sources of Data and Methodology 2
1.3 Limitations 2
2.0 Target Market Analysis 3
2.1 Competition Analysis 4 2.2.1 Industry competition 5 2.2.2 Market Competition: 6
2.3 Differentiation idea 7
2.4 Positioning Idea 8
2.5 Brand Elements: Mix and Match 8
3.0 Product/ Value innovation 11
4.0 Pricing and Distribution strategy: 12 4.1 Pricing strategy: 12 4.2 Distribution strategy: 13
5.0 Leveraging Through Secondary Brand Association: 15
6.0 Ten Guidelines for Building Strong Brands 16
7.0 Conclusion 17
8.0 Reference 18

1.1 Origin of the Report

This term paper is prepared to give an idea about the overall branding of a product which is a shaving gel. The preparation and submission of this term paper is supplementary requirement of the brand management (MKT 416) course.

1.2 Objectives of the Study

There are some objectives behind every study and our work is not an exception. So we have also some objectives. We are doing the study for fulfilling the requirements of the Brand Management course. This study will help us to understand how a brand is created, how the brand elements are chosen and how marketers play with the customers mind in order to create brand equity. This study, will also give an essence of the current marketplaces and the perceived attitude of the customers towards a band. The objectives of the study are given bellow: * Creating a brand theoretically. * Understanding the factors that should be taken care of in choosing the brand elements. * Defining the target market and segmenting it by geographic, demographic, psychographic and behavioural approaches. * Discussing how secondary brand association to be nurtured in the consumers mind. * Understanding how to outperform the competitors by creating sustainable market

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