Branding Anti Depressant in Bngladeshi market

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  • 8/19/2019 Branding Anti Depressant in Bngladeshi market

    1/23

    North South University

    Report: Anti-Depressant (Medicine) 

    Submited to: Sherina Idrish (SeH)

    Section: !

    Submitted "y:

    # $advin Samir %han &' !* !'!

    Md# +ouad Hasan '& !, !'!

    '# $ahsin $arannum ' &, '!

    .# Habibu/ Hasan "ip/ob & !& !'!

    ,# 0a1ia Ishrat Hossain & !, !'!

    # Adnan Ibne Mannan '& . !'!

    1

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    $ab/e o2 content

      $34I5 4a6e Number

    5ompany Revie7 '

    5ompany In2ormation '

    322ered services .

    8eo6raphic9 Demo6raphic9 4sycho6raphic

    "ehaviora/

    ,

    5ommunication 3bective

    "rand 4romise and "rand 4ersona/ity

    Maor se//in6 ideas

    4roduct Sourcin6 *

    Massa6e and 4roposition sty/e !

     Appea/

    ;

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    A"=i2e is a capsule that gives relief from stress, frustration, down feeling and monotonous life.

    It works in a way that your blood circulation and cells demonstration starts to functioning. The

    company’s vision is to dominate in the Asian region as a good and health resemble medicine forrelief from any kind of body stress. It As this is a new product in Bangladesh market and hance

    to keep the brand promise and attain the vision. It is the only way for this kind of product to

    reach target customers as soon as possible.

    5ompany In2ormation

     Name ABlife!ogo

     

    322ered Services:

    3

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    It’s available in your nearby pharmacy

    "easonable price.

    Three types of flavors like mint guava and passion fruit are available.

    #eadache and weakness both removes by this.

    $e have our own pharmacy

    In specific area like, %ulshan&', Banani, (oti)hel, *ttara etc in reputated

     pharmacies we provide our own employer.

    8eo6raphic Demo6raphic 4sycho6raphic>

    "ehaviora/

    4

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     Area *rban

    and +ub *rban

    Area

    =ocation : haka

    -hittagong

    +ylhet and

    "a)shai

    A6e : ' and above

    8ender : Both male

    and female

    Income

    (Month/y>dai/y)

    Ran6e : Minimum

    ,!! $a1a

    +ami/y Si?e :

     No limitation

    ;ducation : 

    +econdary education is

    enough

    3ccupation: /eople

    Belonging to any

    occupation who needs

    medicine

    Attitude :

    /ositive attitude towards

    the brand due to the

    additional benefits anddeferent service

    services.

    "ene2it:

    0 No +ide effect

    0 /rice is cheaper 

    0 1asy to get .

    0 life style

    0 12trovert

    0 Introvert

    @o/ume : 3 hours per

    month

    4erception : $ith our product we provide

     best,

    5

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    pre2erence : +ince this

    is a new product people

    still now prefer older

    medicine

     provide by the manycompany

    Semiotics : The logo @a/ues: The benefits

     provided by this product

    can be compared to

    international level products yet the price is

    4uite reasonable and

    hence this creates a

     positive value for the

    consumer.

    List of communication Objectives of the ad(Smart) based on

    Traditional Response Model:

    6

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    Ours is a new product, which is a low involvement product, hence we are

    adopting the Hierarchy of !ects Model. As it is a totally new brand, the

    communication obectives are attained by brand positioning and through a

    several number o! stages which a buyer or a customer passes through.

    Awareness and knowledge is in the cognitive phase# #ere, we will let our customers or the target

    market know about our product by broadcasting commercials and print ads and constant

    repetition of our brand name, slogans and )ingles. The whole ob)ective is to become known and

    memorable. As it is about a anti&deprassant pill, firstly people can have negetive attitude or

    misconceptions towards it. $ith the ads we will remove the negetive attitudes by highlighting

    the core benefits of the product and the lowest time it takes to decrease stress. !eaflets will be

    distributed among the mass people. Booths will be placed in malls and near different corporate

    offices, where the features and benefits of the product will be displayed. There, customers can try

    our sample products for free and get an immediate feedback from the product.

    Then comes the liking, preference and conviction which is in the affective phase. people will try

    out and will be able to know about the features and benefits directly. 5nline survey will be done

    afterwards to know the feedback from the customers and the competitive market. After observing

     people’s reaction towards the product /ersonal selling will also be done to attract the target

    customers, those who will buy or willing to buy will be given 67 discount on the ne2t

     purchase.

    In the end, if the customers are happy with the product they will be given a one month free

     purchase of the product and a moneyback guarantee.

    "

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    "rand #romise and "rand personality:

    Our product provides the stressed people with com!ort and simply

    !aith!ulness by its immediate result. #t is not ust a drug, that people bother

    ta$ing. #t comes in di%erent &avors, which people will enoy chewing, not ust

    li$e other tablets'pills and is reliable o! being harmless.According to our promise, our (rand )ersonality is *incerity and +aith!ul.

    $iscuss the major sellin% ideas or po&er ideas of the ad and justify

    your selection:

    +or the advertisement o! the product, rst we have to set up our maor

    selling ideas. -he selling plan o! our product is eecuted by the core benets

    o! it.

     -he anti/depressant pill that we are launching has come up with the !astest

    relie! !rom stress as well as it gives a soothing com!ort to the consumer0sbody. An added !eature is, it has come up with three new &avors/guava, mint

    and passion !ruit. *o, our customers have the choice to choose one !rom

    them.

    On the other hand, we will advertise our product in several media, -

    channels (illboards etc. -he ads will come up with the in!ormation, e.g.

    benets, &avors, !eatures etc. through lively ingles and bac$ground, stories

    etc. that will attract customers to set a brand image in their mind. e will

    create our own website, which will present our product and our company in

    an eciting way. e will ma$e it easy !or the customers to buy our product by

    listing on our website all the places it is available.

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    Source:

    -onsumer always takes decision on buying any product on how well they know that product. In

    every purchase decision information searching over the product in very vital role for a consumer.Initially, consumers perceive a need. This can be marketer Induced. The marketer induced the

    idea that this need can be satisfied by the purchase of their product or service. If it is high

    involvement product, such as ours, then the consumers search for information to make a

     purchase decision. -ontact point here play a crucial role.

      'ternal Source:

    ar$et control source 7ow a day0s internet is the $ey area where

    customers0 loo$ !or help with their purchases. )eople use +aceboo$,

     8outube !or new brand mar$eting. (ut this anti depressant is a $ind o!

    a product which doesn0t create that impact on a purchaser to buy a

    product !rom those options. (ecause most o! the customers are 25 to

    39 above. And these mar$ets are very much aware and dependent on

    what they see. -hey mostly $eep in mind what an eperienced person

    say. e will also have our personal retailing shop in the city with the

    name. -hese will help them to $eep the brand name on the top o! their

    mind. e will do much advertisement in hospitals. e will provide

    table calendar to the doctors cabins and will $eep a banner in the

    waiting rooms o! some well $nown hospitals.

      )ersonal :perience e are giving advertisement on the - channels

    at the leisure periods, ;adios on the pic$ hours and 7ewspapers. e

    will use &ash advertisements in very di%erent time and di%erent

    places. -hat will help people to remember our product.

      )ersonal source Our campaign going to be li$e, we will $eep a contest

    over the product. e will release a hal! o! the commercial on di%erent

    media and tell them to guess the product what it is all about. A!ter

    releasing the 2nd hal! o! the teaser we will o%er a special gi!t !or the

    winner.

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    Interna/ Source:

    *alesman -hey are the most important source o! providing rst/hand in!ormation.

    ostly people $eep good relations with the salesman. *o we will provide those

    stores an educated salesman who will indirectly promote our products. :veryone

    goes to those medicine stores those who have smart and educated person. *ells o!

    product mostly depends on this $ind o! salesman. -he reason o! providing a

    salesman to the stores is some people to the store and $nowing no name they ust

    as$ !or stress/!ree pills. And giving them the product and giving it0s positive impact

    on their mind is a $ind o! mar$eting.

    *ource oriented thought -he sources used in our communication who are regular

    wor$aholic people. -his is the indirect approach to draw the attention o! the

    consumers through the usage o! sources credibility and trustworthiness. #t is more

    e%ective to use a normal person on the campaigning program. (ecause in this $inds

    o! product people usually believe !riends, neighbors, relatives more than a celebrity,

    who is also a commoner, li$e us.

    $a6/ine: ure for pure life.

    S/o6an : mae it able*

    Meanin6 : #n every wor$ you do, you need to be !eel encouraged. 8ou need to be

    ma$e able to do that stu%. *ometime people !eel wea$, disable to do that wor$. -his

    slogan show that when u have it, it ma$es you !eel able to do that wor$.

    Massa6e o2 the commercia/ and proposition sty/e:

     -he massage that our commercial wants to give is that when the obstacles comesinto ones0 li!e, it should get courage enough to get bac$ to the maor li!e. (ecause

    with every stepping stone we can wal$ properly a milestone we can reach.

    19

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    m b in a t i

    o nA p

    p e al

    o mb i n a t

    i o np p e

    a l

    o mb i n a t

    i o np p e

    a l

    # no r

    m at i o

    na n

    da b i l

    i t ya pp e

    a l

    # n o rm a t i

    o na n d

    a b i l i ty

    a p p ea l

    # n o rm a t i

    o na n d

    a b i l i ty

    a p p ea l

    mo t i

    o na l

    A pp e

    a l

    m ot i o n a

    lp p e

    a l

    m ot i o n a

    lp p e

    a l

    m ot i o n a

    lp p e

    a l

    Appea/:

     -he appeal that has been used in our commercial is combination appeal.

    :motional Appeal >ere we show in our ad that a person !eel tired, stressed and

    angry. -his !eelings mostly belongs to the adult to aged people. -hey have luury o!

    options and varieties things to do but under pressure o! a wor$ they ust

    demotivated and !eel low to demonstrate the tas$.

    #n!ormational Appeal *ome &ying tet appear during emotional appeal and a!ter

    they started !eeling energetic a!ter having A(?i!e more &ying tet comes up with

    in!ormation what that capsule contains and how it wor$s.

    ;

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    we will show this part only !or 2 wee$s in channels newspaper and other medias.

    On this part we will ma$e a contest !or people on what could be the product would

    be. -hey need to guess the product and winner will get a gi!t hamper !rom the

    company.B

    On third wee$ we will release the 2

    nd

     part o! the ad. hich will contain the result o!having the product. #n this part it will contain three di%erent scene o! those slice o!

    1st part and those people are now re!reshed and more enoying their wor$. e will

    not only show the 2nd part on third wee$ we will show the whole ad together. -he

    winner0s name will be show at stretch on the le!t corner on the bottom side o! the

    screen during the ad.

    #roduction "ud%et

    $escription +mount ,n "$T

    #re-production:

    • Cirector

    • )roduction =ompany

    • ardrobe

    • ?ocation

    • =asting

    • Audio *election and ;ecording

    • *et =onstruction

    59,999"9,99925,99925,99949,99919,99929,999 

    #roduction:

    • Actual *hoot 25,999

    #ost-production:

    • :diting

    • )rocessing

    • Audio'video iing

    • ;ecording *ound :%ects

    19,99929,99925,99915,999

    Total 335,999 (C-

    12

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    Media #lannin%

     -he basic media obective is to attract as much target consumers as we can

    do to achieve some potential consumers as well. -he !ormat underta$en to

    attain the media obective is the smart !ormat.

    Speci.c:  -hrough our +lash mobs and -= in

    di%erent shopping mall and channels we plan to

    cover around the 45D o! our target mar$et

    Measurable: -he campaign underta$en can be

    easily measured with the increase number o! our

    customer.

    +ttainable:  -he number !or coverage

    underta$en is small and hence attainable easily.

    Realistic: Our product is new in the mar$et and

    it is in the introduction stage o! its li!e cycle.

    >ence, we do not believe we will be able to attain

    large number o! our target mar$et at one go. Time "ased: +irstly our &ash mobs as well as

     -he -= will be released initially as a teaser

    !ollowed by the !ull -=. #n between there will be

    some consumer engaging in mar$et place. -here!ore, the whole

    campaign will run !or 3 months.

    13

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    Media Mi'

    Type of 

    Media

    Sub

    Types

    #latform

    s

    hannels/

    0ame of

    the

    publicatio

    n

    Spot

    timin

    %

    #lacemen

    t (name

    of the

    pro%rame

    s)

    Timin% of

    airin% the

    ad

    $aily

    1re2u

    ency

    Timeframeof thecamp%n

    )ersonal *ocial

    edia

    ar$etin

    g

    +aceboo$ Atlas

    (angladesh

    Euess the

    +lash obs

     8ou-ube Atlas

    (angladesh

     -=s

    Cigital &yers

    a!ter every 5

    seconds

    12

    times

    a day

    obilear$etin

    g

    A!teratching

    the teaser

    the

    people

    as$ed

    about the

    product

    through

    !aceboo$.

    n'a Euess theteaser'

    +lash

    mobs

    3mon

    14

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    Other

    Cigital

    F-web

    site,

    search

    engine,

    email,

    etcB

    n'a n'a n'a

    7on)ersonal

    :lectronics

     - A-7

    (-

    =hannel #

    7-

    *.A. -

     -=s

  • 8/19/2019 Branding Anti Depressant in Bngladeshi market

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    aga@ine #ce -oday

    :conomist

    (usiness/

     -oday

    irror

    (lit@

    onitor

    )rint

    =ommerci

    als

    n'a Once

    every

    month

    2

    month

    *upport

    edia

    (illboard,

    walls,

    public

    property

    posters,

    etc

    (u@@ing

    =enters o!

    cities . )rint

    =ommerci

    als

    4/5

    places

    4'5

    month

    obile n'a

    Cirect

    ar$etin

    g and

    )ersonal

    *elling

    *howroo

    ms,

    edicine

    store,

    *uper

    store,

    ;etailer

    etc.

    :verywhere

    in =ity

    overa%e Locations and types &ith

     3usti.cations

    3 #ndees are used to identi!y the location o! the media

    1or $haa

    4*"uyin% #o&er ,nde' ("#,)

    )opulation 15,599,999

    average income (C- 25,999

    Cisposal #ncome #ncome / 15D-aB G (C- 21,259

    7o. o! retail storeG5999

    16

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    5* "rand development ,nde' ("$,)

    1ormula: D o! brand to total sales o! the entire mar$etB'Do! the total

    population o!  

    the entire mar$etBH199 GDIB'D8BH199

    Hassuming that Cha$a city population to (angladesh )opulation is 25D and

    sales o! atlas to total mar$et is 49D

    (C#G 49'25H199

      G169

    6*ata%ory $evelopment ,nde' ($,)

    1ormula: D o! product to total sales o! the entire mar$etB'D o! total

    population o! the entire mar$etB H 199 GDAB'D8B H 199

    Hassuming that Cha$a city population to (angladesh population is 25D and

    sale o! pay - and ovie channel (o in Cha$a to (angladesh mar$et is 69D

    =C#G69'25 H 199

      G249

     

    1or hitta%on%

    4*"uyin% #o&er ,nde' ("#,)

    )opulation 5,299,999

    average income (C- 29,999

    Cisposal #ncome #ncome / 15D-aB G (C- 1",999

    7o. o! retail storeG2999

    5* "rand development ,nde' ("$,)

    1ormula: D o! brand to total sales o! the entire mar$etB'Do! the total

    population o!  

    the entire mar$etBH199 GDIB'D8BH199

    1"

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    Hassuming the =hittagong city population to (angladesh )opulation is 15D

    and sales o! atlas to total mar$et is 69D

    (C#G 69'15H199

      G499

    6*ata%ory $evelopment ,nde' ($,)

    1ormula: D o! product to total sales o! the entire mar$etB'D o! total

    population o! the entire mar$etB H 199 GDAB'D8B H 199

    Hassuming the =hittagong city population to (angladesh population is 15D

    and sale o! pay - and ovie channel (o in Cha$a to (angladesh mar$et is

    29D

    =C#G29'15 H 199

      G133.33

    1or Sylhet

    4*"uyin% #o&er ,nde' ("#,)

    )opulation 599,999

    average income (C- 1,999

    Cisposal #ncome #ncome / 15D-aB G (C- 15,399

    7o. o! retail storeG999

    5* "rand development ,nde' ("$,)

    1

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    1ormula: D o! brand to total sales o! the entire mar$etB'Do! the total

    population o!  

    the entire mar$etBH199 GDIB'D8BH199

    Hassuming -he *ylhet city population to (angladesh )opulation is 12D and

    sales o! atlas to total mar$et is 4D

    (C#G 4'12H199

      G499

    6*ata%ory $evelopment ,nde' ($,)

    1ormula: D o! product to total sales o! the entire mar$etB'D o! total

    population o! the entire mar$etB H 199 GDAB'D8B H 199

    Hassuming -he *ylhet city population to (angladesh population is 12D andsale o! pay - and ovie channel (o in Cha$a to (angladesh mar$et is 19D

    =C#G19'12 H 199

      G3.33

    1or Rajshahi

    4*"uyin% #o&er ,nde' ("#,)

    )opulation 1,999,999

    average income (C- 15,999

    Cisposal #ncome #ncome / 15D-aB G (C- 12,"59

    7o. o! retail storeG12,999

    5* "rand development ,nde' ("$,)

    1

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    1ormula: D o! brand to total sales o! the entire mar$etB'Do! the total

    population o!  

    the entire mar$etBH199 GDIB'D8BH199

    Hassuming -he ;ashahi city population to (angladesh )opulation is 29D and

    sales o! atlas to total mar$et is 69D

    (C#G 69'29H199

      G399

    6*ata%ory $evelopment ,nde' ($,)

    1ormula: D o! product to total sales o! the entire mar$etB'D o! total

    population o! the entire mar$etB H 199 GDAB'D8B H 199

    Hassuming -he ;ashahi city population to (angladesh population is 29D andsale o! pay - and ovie channel (o in Cha$a to (angladesh mar$et is 6D

    =C#G6'29 H 199

      G39

    Reach type 7ith usti2ication and e

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    assuming 19,999,999 household in Cha$a have television at

    home

      ;each Cha$aBG );Hhousehold with -

      G19,999,999H9D

      G,999,999.

    assuming 399,999 household in =hittagong have television at

    home

      ;each =hittagongBG);Hhouseholds with -

      G3,999,999H9D

      G2,499,99.

    assuming 299,999 household in *ylhet have television at home

    ;each *ylhetBG);Hhouseholds with -

      G299,999H9D

      G169,999

    assuming 19,999,999 household in ;ashahi have television at

    home

    ;each ;ashahiBG);Hhouseholds with -

      G19,999,999

      G,999,999

    7R#8#R91re2uency

      G9H19

      G99'day

    21

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    hannel 7R# Tar%et

    +udience

    TR#

    A-7 99 49D 329

    (- 99 69D 49

    =hannel # 99 59D 499

    7- 99

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    A# Re/ative 5ost>5hanne/

    Assuming ATN Bangla -harges :;,666