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Project At Glance-ame Salon Ceramic /t0.
A00re!! )A -ational ighway
/alpar oa0$ori.
!tali!hment 6ear 2++1
7orm o# Organi,ation (rivate /imite0
Acconting 6ear 31!t$arch
(hone 8+2)229 241*'1 32*4'+
7a: 8+2)229 241*21
mail !ale!;Salon
Ceramicin0ia.com
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Origin>Salon Ceramic (ro0ct? wa! e!tali!he0 in 2++1. The
company o##er! yo @n0ia! mo!t reliale ceramic tile! with worl0
cla!! technology #rom the worl0! lea0ing ceramic man#actring
companie! o# @taly.
>Salon Ceramic (ro0ct /t0.
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Growth DevlopmentSalon Ceramic (ro0ct !tarte0 it! operatin in @n0ia in 2++1a! a
(rivate #irm #or the tra0ing o# importe0 Ceramic Tile!. Then a#ter the
comapny ha! thin% over the 1++B @n0igeno! !anitary ware !cale &
ltimately it !tarte0 it! operation in @n0ia in 2++2.
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TechnologySalon Ceramic li!t! among the top 5 Ceramic man#actre!
with over 1)+++ c!tomer!.
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Research Development
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After Market SupportA term o# pro#e!!ional! !pecially a!!igne0 to provi0e pro0ct
an0 technical !pport to or c!tomer! throgh @n0ia! mo!t a0vance0
& #lly compteri,e0 c!tomer! !pport center at $ori.
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Present StatusSalon Ceramic (ro0ct! i! committe0 to long term growth ha!
now reache0 a !tage where it can #orge a hea0 on the !trong
#on0ation it ha! ilt. Strong #on0ation in term! o# man power
in#ra!trctre !ale! an0 0i!trition channel! 0ealer networ%
!y!tem! integration all @n0ia retail an0 !ervice pre!ence to 0eliver
a!olte c!tomer !ati!#action. The company ha! charte0 it! growth
0elierately eginning with in#ra!trctre 0evelopment an0
con!oli0ation in the !econ0 pha!e an0 ha! now entere0 mar%et
penetration an0 target! to e among the top! in each pro0ct !egment
y year 2++5.
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Mission Of The Company@n #iercely competitive in0!try con!mer 0rale mar%et!
company mi!!ion i! to ma%e a 0i##erence in the li#e!tyle an0 intro0ce
new 0imen!ion to enoyment o##er new age technology an0 0igital
concept! wor%ing han0 with 0ome!tic in0!try to pro0ce an0 !ell
e:cellence an0 come clo!e to the @n0ian c!tomer throgh committe0
!ervice.
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Market StrategyThe company ha! 0rawn p two prolonge0 mar%eting !trategy
to achieve thi!. @ntro0cing new Concept Serie! throgh importance
channel! !pport the!e with #oc!e0 promotion!.
>Once the mar%et achieve! optimm !i,e ta%e p the pro0ct!
#or local man#actre?.
To !pport the poplar pro0ct! which are crrently
man#actre0 an0 mar%ete0 in @n0ia incl0ing the mega range with
high powere0 promotion! an0 0icio! me0ia mi:.
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Organization StructureOrgani,ation !trctre i! the 0iagrammatic repre!entation o#
athority re!pon!iility relation!hip.
GC$$7 have #latten organi,ation !trctre eca!e it
#acilitie! e##ective coor0ination an0 commnication.
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(illar! o# management
/ea0er!hip
C!tomer #oc!
ality
(eople involvement
Eale! o# change management
S Sel# 0i!cipline
( (atience
O Openne!!
e!pect
T Tr!t
GC$$7 ha! e!tali!he0 OS@- FA-@. @t helpe0 to en!re
that all employee! are aware o# !hort me0im an0 long term plan!
an0 it involve! all their employee!.
The T$ movement i! evi0ent in the A$/ Hality circle.
They have traine0 their employee! with a !haper !ine!! per!pective
which ta%e! into accont the comple:itie! o# changing mar%et
0ynamic!.
To ma%e them ore competitive in the 7$CG environment they
initiate0
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(er#ormance a0it programmer!
@nvite0 e:pert con!ltancy grop to !pport competency
il0ing #or GC$$7.
Thi! help to 0e#ine each po!ition! role! an0 re!pon!iilitie!
etter along with the reHire0 %nowle0ge !%ill! an0 attit0e!.
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Marketing YesterdayToday
$ar%eting i! the proce!! o# planning an0 e:ecting the
conception pricing promotion an0 0i!trition o# i0ea! goo0! an0
!ervice! to create e:change that !ati!#y in0ivi0al an0 organi,ation
goal.
Tra0itional mch importance wa! given to pro0ct rather thannee0! an0 want! o# con!mer!. $ar%eting manager go on 0e!ign their
pro0ct withot giving throgh to he nee0! an0 want! o# con!mer.
They were trying to !ell their pro0ct at any co!t. Con!mer! were
omar0e0 with a0verti!ementI in all call! telephone call! etc.
The aim wa! to earn pro#it throgh high !ale! volme.$oreover mar%eting wa! con!i0ere0 a! ying an0 !elling the
pro0ct.
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=t now time ha! change0 $ar%eting i! con!i0ere0 to e
mch moreI the #oc!e0 i! given to the nee0! an0 want! to con!mer!.
(ro0ct! are 0e!igne0 accor0ing to the !peci#ication o# con!mer!.
Con!mer! !ati!#action i! given mch importance. The aim to earn
pro#it throgh c!tomer !ati!#action. $oreover mar%eting #nction
ha! al!o wi0ene0. $ar%eting incl0e! ac% war0ing an0 #orwar0ing
0evelopment mar%eting re!earch a0verti!ing an0 many more. @n
#orwar0ing #nctioning it incl0e! po!t trncation re!earch a#ter !ale!
!ervice 0i!po!al o# the pro0ct JKL !e o# the pro0ct etc.
-owa0ay! way! o# a0verti!ing i! al!o changing. Tra0itional mo!tly
!e0 me0ia wa! televi!ion. -ow people !tarte0 !ing internet a!
me0ia o# a0verti!ing. $ore an0 more nmer o# people i! trning to
0evelopment to we!ite an0 net a0verti!ing.
ecently new ( i! intro0cing in mar%eting. 7ir!t there were 5
(!. -ow there are ) (!. /a!t year -ew ( a00! i! pro0ct port#olio
management. -owa0ay! more importance i! al!o given to mar%eting
re!earch al!o %now! the latent nee0! o# con!mer!.
Th! $ar%eting ye!ter0ay an0 to0ay i! totaling 0i##erent. One
ha! to a0apt the change to !rvive in thi! mar%et.
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Societal MarketingConcept
Social mar%eting concept may e 0e#ine0 a!
>The ta!% o# achieving organi,ational goal! i! to i0enti#ying the
nee0! an0 want! o# con!mer! an0 !ati!#ying the nee0! an0 want! y
0elivering the 0e!ire0 goo0! an0 !ervice more e##iciently an0
e##ectively than competitor! in a way the pre!erve or enhance !ociety
well eing?
The GC$77 are contriting in their own way to vario!
0e!iro! !ocial change!. They too% !tep! li%e
Training mo0le o# arti#icial in!emination !ervice.
!tali!hment o# cattle #ee0 ma%ing.
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Marketing Mix$ar%eting mi: i! the vario! mar%eting tool! that mar%eter !e
to !ell it! pro0ct!. There are 4 (! o# mar%eting $i:.
4. (ro0ct! o# $ar%eting
A li!t o# the relevant mar%et #orce! an0 the element o# the
mar%eting mi: wol0 e help#l in analy,ing mar%eting prolem!.
The main aim o# all mar%eting activitie! i! >pro#itaility?. The
mar%eting manger !hol0 there#ore 0evi!e !ch a mar%eting mi: that
will give the optimm pro#it #or the pro0ct he ha! to mar%et.
=y len0ing thi! mar%eter ma%e a proper plan o# action to p!h
it! pro0ct! in the mar%et.
Definition:
Accor0ing to (hillp Fotler >$ar%eting $i: i! the !et o#
mar%eting tool! that the #irm !e! to pr!e it! mar%eting oective! in
the target mar%et?.
(ro0ct (rice (romotion (lace
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Element/Tools OfMarketing MixThe mo!t a!ic mar%eting mi: tool i! pro0ct the #irm tangile
o##er to the mar%et which incl0e! the pro0ct Hality 0e!ign
#eatre! ran0ing an0 pac%ing. A! part o# it! pro0ct o##ering
provi0ing a#ter !ale! !ervice! !ch !pport !ervice! can provi0e a
competitive a0vantage in the gloally competitive mar%et place.
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(ro0ct $i: incl0e! #ollowing thing!
(ro0ct Eariety
ality
=ran0 name
Service
De!ign
(ac%aging
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Product RangeAccording to PHILIP KOTLER
A (ro0ct i! anything that can e o##ere0 to a mar%et #or
attention acHi!ition !e o# con!mption that might !ati!#y a want or
a nee0. @t incl0e! phy!ical oect! !ervice! per!on! place!
organi,ation an0 i0ea!.
According to EDLERSON
(ro0ct i! a n0le o# tilitie! con!i!ting o# vario! pro0ct
#eatre! an0 accompanying !ervice!.
There are 5 level! o# the pro0ct which mar%eter m!t ta%e in
con!i0eration.
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Levels of The Product(otential
Argment
:pecte0
Generic
Core =ene#it
(ro0ct
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Product mix and lengthM(ro0ct mi: i! the !et o# all pro0ct line an0 item! that a
particlar !eller o##er! #or !ale to the yer.
M(ro0ct line i! a grop o# pro0ct! that are clo!ely relate0
eca!e they #nction in a !imilar manner are !ol0 to the !ame
c!tomer grop! are mar%ete0 thogh !ame type! o# otlet! o# #all
within a given price range.
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New ProductDevelopment
The typical new pro0ct 0evelopment proce!! #ollowe0 y
Salon Ceramic i! a! #ollow!
The #ollowing !tage! are involve0 in -(D proce!!.
1 IDEA GENERATION:
-ew (ro0ct! are orn #rom i0ea!. =e#ore !earching i0ea! top
management !hol0 0e#ine the pro0ct! an0 mar%et! an0 !hol0 al!o
!tate the oective! #or -(D.
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Sources of new product ideas:
Custoers:
/oyal c!tomer! o#ten recogni,e the nee0 #or improvement in
the pro0ct e#ore companie! can 0o. Companie! can i0enti#y
c!tomer! nee0 throgh complaint letter! #orce0 grop 0i!c!!ion
etc. an0 can ma0e change! accor0ingly.
Scientists! Ep"o#ees! Engineers:
Company m!t 0evelop a cltre !o that employee! are
encorage0 to give new i0ea!. They !hol0 al!o 0evelop an incentive
!cheme #or tho!e who give e!t i0ea!.
Copetitors:
Company can prcha!e the competitor! pro0ct to !ee the
#nctioning an0 accor0ingly they can 0evelop new pro0ct.
Ot$er Sources:
(attern attorney! niver!ity a0verti!ing agencie! mar%eting
re!earch #irm! niver!ity !ine!! plication an0 !o on.
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2. IDEA GENERATION TECHNIQUE
Attri%ute Listing:
@t i! li!ting an e:i!ting pro0ct! attrite! an0 then mo0i#ying
each attrite! in the !earch #or an improve0 pro0ct.
&orced Re"ations$ip:
@n thi! !everal oect! are con!i0ere0 in relation to one another
to create a new pro0ct.
'orp$o"ogica" Ana"#sis:
@t i! i0enti#ying the !trctral 0imen!ion! o# a prolem an0
e:amining the relation!hip! among them.
Need and Pro%"e Identification:
ere c!tomer! nee0! an0 prolem! are i0enti#ie0.
(rainstoring:
@t i! a grop activity to !timlate the #low o# i0ea! y 0i!c!!ing
a !peci#ie0 prolem. ere rle i!
>
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3. IDEA SCREENING:
@n thi! !tage new i0ea! are evalate0 to 0etermining the
promi!ing one!. The prpo!e o# i0ea! !creening i! to 0rop poor i0ea!
a! early a! po!!ile eca!e pro0ct 0evelopment co!t ri!e!
!!tantially at each !cce!!ive !tage.
The committee !hol0 avoi0 two type! o# error!
Drop error: @t occr! when committee 0rop an i0ea which i! goo0.
Go error: @t occr! when committee go with an i0ea which i! poor.
$o!t o# the company !e! pro0ct i0ea rating 0evice while
!creening the i0ea price per#ormance Hality c!tomer !ati!#action
matche! with company re!orce! !trategie! oective! etc. Then
i0ea i! matche0 with thi! certain criteria an0 i# it 0oe! not match then
i0ea i! 0roppe0.
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4. CONCEPT DEVELOPMENT AND TESTING:
(hilip Fotler !ay!
MAttractive i0ea! m!t e re#ine0 into te!tale pro0ct
concept!.
Con!mer! 0o not y pro0ct i0ea! t pro0ct concept.
(ro0ct @0ea A po!!ile pro0ct that the company might
o##er to the mar%et.
(ro0ct Concept An elaorate0 ver!ion o# i0ea! e:pre!!e0 in
con!mer meaning#l term!.
(ro0ct @mage A particlar pictre in the min0! o#
c!tomer.
Concept De)e"opent:
A pro0ct i0ea can e trne0 into a !everal pro0ct concept.
Concept Positioning:
ach concept i! reHire0 to e po!itione0 !o that it help! to
n0er!tan0 the pro0ct competition in relation to co!t time
preparation Hality etc. The!e compari!on! can e !e0 to
commnicate the pro0ct concept to the mar%et.
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SALON CERAMIC
N(-S@E
(reci!ion (lat#orm Scale! =i,era !cale
Conting Scale Salon Ceramic!
@-N(-S@E
@G (@C
Sman Option An0 (recio! Satorio!
Salon Ceramic Other!
/O< (@C
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The maor competitor! o# Salon Ceramic are
Deco
amoti
A-D
Other!
Salon Ceramic are po!itione0 again!t them a!
>SCA/ O7 @G A/@T6 AT ASO-A=/ (@C?
Concept Testing:
Concept te!ting call! #or te!ting thi! concept with an
appropriate grop o# target con!mer!. The concept may e pre!ente0
!ymolically or phy!ically. Con!mer! are pre!ente0 with an
elaorate0 ver!ion o# each concept an0 they are a!%e0 to react to each
concept.
@# company have n0erta%e proper concept 0evelopment an0
concept te!ting then it can avoi0 any prolem that ari!e! in the mar%et
place later on in the initially !tage only.
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5. MARKETING STRATEGY DEVELOPMENT:
The new pro0ct manager will have to 0evelop a preliminary
mar%eting !trategy !tatement #or intro0cing thi! pro0ct into the
mar%et. Thi! !trategy will e re#ine0 in the !!eHent !tage!.
Thi! mar%eting !trategy plan con!i!t! o# 3 part!.
&irst part descri%es:
Target mar%et !trctre ehavior !ale! mar%et !hare pro#it
goal! !oght in the #ir!t #ew year!.
Second part descri%es:
(ro0ct! planne0 price 0i!trition !trategy an0 the mar%eting
0get #or the #ir!t year.
The Salon Ceramic will e o##ere0 with lower price .
T$ird part descri%es:
/ong rn !ale! an0 pro#it goal! an0 mar%eting mi: !trategy over
time.
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6. BUSINESS ANALISYS:
Once the pro0ct concept an0 mar%eting !trategy are
0eveloping management evalate the !ine!! attractivene!! o# the
propo!al. $anagement evalate! the !ale! co!t an0 pro#it to
0etermine whether they !ati!#y the company! oective!. @# they 0o
them the propo!al move into ne:t !tage.
Estiating Tota" Sa"es:
$anagement nee0! to e!timate whether !ale! will e high
enogh to yiel0 a !ati!#actory pro#it.
Total Sale! 7ir!t time !cale P eplacement !ale! P epeat Sale!.
Sale! e!timation 0epen0! on whether a pro0ct i! one time
prcha!e0 in#reHently prcha!e0 or #reHently prcha!e0 pro0ce0.
Scale i! one time prcha!e0 pro0ct. ere nmer o# #ir!t yer
initially le!! an0 then 0ecrea!e a! #ew yer! are le#t. epeat !ale!
will !oon occr provi0e0 that it !ati!#ie! !ome yer!. The repeat
!ale! crve eventally #all! an0 ecome !tea0y eca!e y thi! time
the pro0ct i! longer a new pro0ct?.
Estiating &irst tie sca"e:
The #ir!t ta!% i! to e!timate the #ir!t time !ale! o# a new pro0ct
in each perio0.
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Estiating Rep"aceent Sa"es:
To e!timate replacement !ale! management ha! to re!earch the
pro0ct !rvival age 0i!trition. The low en0 o# 0i!trition
in0icate! when the #ir!t replacement !ale! will ta%e place. Since
replacement !ale! are 0i##iclt to mea!re e#ore actal lanch mo!t
o# company a!e their actal 0eci!ion !olely on their e!timate o# #ir!t
time !ale!.
Estiating Repeat Sa"e:
7or a #reHently prcha!e0 pro0ct one ha! to e!timate the
repeat !ale!. A high rate o# repeat prcha!e in0icate! that the
con!mer! are !ati!#ie0 with the pro0ct.
Estiating Costs * Profits:
A#ter !ale! #oreca!ting management have to e!timate the co!t!
an0 pro#it! o# thi! ventre. The co!t! are e!timate y the & D
man#actring 0epartment mar%eting an0 #inance 0epartment
together.
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7. PRODUCT DEVELOPMENT:
@ the pro0ct pa!! the !ine!! te!t it move! to &D to e
0evelope0 into a phy!ical pro0ct. p to now it e:i!t in the #orm o#
wor0 0e!cription a 0rawing or a prototype. At the !tage the company
will 0etermine whether the pro0ct i0ea can e tran!late0 into a
technically an0 commercially #ea!ile pro0ct.
The &D 0epartment will 0evelop one or more prototype. The
company hope! to #in0 a prototype that !ati!#ie! c!tomer
reHirementI it per#orm! !a#ely an0 can e pro0ce0 with the
0gete0 man#actring co!t!.
Developing an0 man#actring a !cce!!#l prototype can ta%e
0ay! month! or even year!. /a !cienti!t! m!t not only 0e!ign the
pro0ct! reHire0 #nctional characteri!tic! t al!o they !hol0 %now
how to commnicate it! a!pect!.
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. TEST MARKETING:
A#ter management i! !ati!#ie0 with the pro0ct! #nctional
per#ormance the pro0ct i! rea0y to e 0re!!e0 p with a ran0 name
pac%aging an0 preliminary mar%eting programme!.
The prpo!e o# mar%et te!ting i! to learn how con!mer an0
0ealer! react to han0ling !ing an0 reprcha!ing the actal pro0ct
an0 how large the mar%et i!Q
The amont o# te!t mar%eting i! in#lence0 y inve!tment co!t
ri!% #actor! time pre!!re an0 re!earch co!t !o not all the companie!
choo!e the rote o# mar%et te!ting.
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TECHNI+,ES O& TEST 'ARKETIN-
CO-S$ GOODS @-DST@A/ GOODS
1. Sale! wave re!earch 1. (ro0ct !e te!t
2. Simlate0 te!t mar%eting 2. Tra0e !how
3. Controlle0 te!t mar%eting 3. Di!tritor! & 0ealer! 0i!play
4. Te!t $ar%eting 4. Controlle0 te!t mar%eting
Salon Ceramic !cale i! a con!mer goo0. TechniHe !e0 y
Salon Ceramic #or te!t mar%eting i! Te!t $ar%et. @t i! a techniHe
where company !ally !elect! #ew repre!entative citie! in which the
company !ale! #orce will try to !ell the pro0ct with #ll e:po!re o#
a0verti!ing promotion campaign etc.
Salon Ceramic !electe0 citie! li%e $ori Ahem0aa0 Srat
=aro0a etc. #or te!t mar%eting with a 0i!cont o# rpee!.
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T$is et$od gi)es se)era" %enefits "i.e:
$ore reliale #oreca!t o# #tre !ale!.
Company may 0eliver #alt that e!cape0 in pro0ct
0evelopment !tage.
Liitation of t$is et$od:
There i! 0i##iclty in converting -ational me0ia plan! into local
eHivalent.
There i! prolem o# otaining a !et o# mar%et that rea!onaly
repre!ent! the contry a! a whole.
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!. COMMERCIALISATION:
$ar%et te!ting give! i0ea to management whether to lanch the
pro0ct or not. @# company goe! #or pro0ct lanch it call! #or high
inve!tment eca!e to lanch a new pro0ct into the national mar%et
reHire! heavy !pen0ing on a0verti!ement an0 promotion in the #ir!t
year.
Commerciali,ation involve! the #ollowing a!pect!
/$en 0Tiings1:
@n lanching a new pro0ct company ha! to thin% whether it i!
a right time to lanch the new pro0ct. The company #ace! 3 choice!
7ir!t entry
(arallel entry
/ate entry
Salon Ceramic !cale wa! lanche0 on Rly 2++2 to gra the
e:pan0ing mar%et o# !cale range.
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/$ere:
The company m!t 0eci0e whether too lanch the pro0ct in
!ingle locality region national mar%et or the international mar%et.
7inancial !on0 company may lanch their pro0ct into #ll national
mar%et.
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How:
The company m!t 0evelop action plan #or intro0cing the new
pro0ct into the mar%et!.
Salon Ceramic !cale wa! lanche0 at a 0i!cont o# 15B
initially an0 now no 0i!cont i! given to c!tomer!.
Th! the entire proce!! o# new pro0ct 0evelopment wa!
complete0 in aron0 1 or 1.5 year.
A0opter! o# Salon Ceramic !cale are in the trial an0 a0option
!tage.
$ain #actor! which a##ect the a0option o# Salon Ceramic !cale
are
=elie#! o# c!tomer!
Tra0itional hait!
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Marketing StrategyThe pro0ct li#e cycle i! an important concept that provi0e!
in!ight into a pro0ct! competitive 0ynamic.
(ro0ct li#e cycle i! an attempt to recogni,e the 0i!tinct !tage!
in the !ale! hi!tory o# the pro0ct. =y i0enti#ying the !tage o# pro0ct
li#e cycle company can #ormlate etter mar%eting plan! an0
!trategie!.
$o!t o# the pro0ct li#e cycle portray! typical ell!hape0 crve
or S!hape0 pro0ct li#e cycle which i! a! #ollow!
'ar.eting Strateg#
0
5
10
15
20
25
30
Introduction Maturity
Time
Sales & pro
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There are other #orm! o# pro0ct li#e cycle al!o. They are
Cycleecycle pattern
Scallope0 pattern
Style pattern
7a!hion pattern
7a0 pattern
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STAGE O" PRODUCT LI"E CYCLE
The 0i##erent !tage! o# pro0ct li#e cycle are
23 Introduction Stage:
Thi! !tage !tart! when the pro0ct i! newly lanche0. @n thi!
!tage pro#it are negative or low. $ain oective o# the mar%et! i! to
create pro0ct awarene!!. So promotional e:pen0itre are at their
highe!t ratio to !ale!.
4! 'ar.eting Strategies:
Con!i0ering price an0 promotion mar%eting can pr!e one o#
the !trategie! in the intro0ction !tage
(O$OT@O-
@G /O