SlideShare a Scribd company logo
1 of 30
Cosco Soap
MKT:460 Sec:4
Syeda Rahanuma Ferdusy Haque -131
0308 030
Rifat Nahar Ritu - 131 0303 030
Sajid Hossain Khan – 123 0990 030
Sumayea Mahjabin Sivana – 131 0055 630
Rabia Zaman Rudmila – 132 0698 630
Md. Jabed Hasan – 132 0122 030
The Soap Industry
Fragmented market. The industry is stable and
growing between 1998 and 2003, it grew by an
average of 4% annually. Within the I&I sector
there is fierce competition for market share
among the existing popular soap offerings,
The Soap Industry
Introduction Of Company-
COSCOCosco glycerin soap was produced
by Kohinoor chemical co
(Bd).Limited later Kohnoor chemical
co Limited sold it to Commander
Soap co limited Private company
operating in the industrial area of
Tejgaon that produces Cosco using
the same method as Kohinoor LTD
SBU
Cosco is pioneerin glycerin soap. The
strength of Cosco soap was DURABILITY and it
was not an easily melting soap. This soap is LESS
COSTLY compared to much other soap in the
market.
Raw materials
are distributed
to factory , the
finished soap
are send to
depot from
there it reaches
the target points
Customer are
declining as their
needs are not
made because they
are consistent in
releasing the same
size , same price
and same poor
quality in the
market
4% Market share
Losing its
position
•market
dominant
has catered the
customer need
through various
variants , size
and pricing .
Chittagong
Chemical
Complex and trust
Communication
for specifically
polyglycol for
transparency, and
Lye To make the
soap acid
COMPETITORS CUSTOMERS SUPPLIERS DISTRIBUTORS
Cosco Soap
is
manufactured
in the factory
located in
Tejgaon
industrial
area and kept
in depot
DISTRIBUTOR
Wholesaler
Retail
stores
in specific
areas like
Mirpur
,
community
centre ,
Karwan
DISTRIBUTION Channel
Macro Environment
Analysis
women in our
culture do not
pamper
themselves with
expensive
cosmetics or
parlor facilities
except few. They
look for easy
beauty solution
Political unrest
and duty on raw
materials causes
delay in the
production and
distribution
process thus
increase in cost
Customer taste
and
preferences are
changing as
they are
educated about
different uses
of soap e.g.
germ killing
soap , beauty
soap , sensitive
skin soap
Flexible
manufacturing
technology
enables to
produce different
variants in
different sizes
Demographi
c forces
Political and
legal forces Technology
Social and
Cultural
Factors
S W O T A N A L Y
S
Low and convenient Price
Popular Brand to the rural people
1st Glycerin Soap in Bangladesh
Quality is good
T
Intense competition in an industr
So many international competitor
Consumer trends or preferences
Change in government
W
Weak distribution channel
Poor or no promotional activities
Lack of variety in fragrance and size
Less market share
Brand image of current parent company
O
Growth in soap industry
Everybody has access to digital
media
High Population growth
Literacy rate is increasing
Porter Five Forces
Intense Rivalry due to
known brands like
LUX, Meril, Tibet
Low due to easy
availability of glycerin
and Lye
High .because of
popular local and
international brand
I
High because of bulk
purchase
Degree of Rivalry
Bargaining power of
Buyers
Bargaining power of
Suppliers
Threat of Substitutes
Threat of new entrants
High because
Glycerin is cheap and
easily available
M a r k e t
S e g m e n t a t i o n
A n d Ta rg e t i n g
Geogra
phic
Bangladesh India Nepal Pakistan
Socio
Econo
mic
Class A Class B Class C Class D
Demogra
phic
Women
18 to 60
years old
Parents
(~55)
Key:
Target market
Teenagers
(13-19)
M a r k e t
S e g m e n t a t i o n
A n d
Ta rg e t i n g
Psycho-
graphic
Personalit
y
Outgoing
Introvert
Beauty and
health
conscious
Behavi
oral
Heavy
Users
Moderate
Users
Low
Users
Lifestyle
Key:
Target market
Traditional Tech-
dependent
Independen
t
‘To all the beautiful women who
always want to be charming ‘Cosco
glycerin soap’ is ready to serve them
with what they deserve’.
O L D
P O S I T I O N I N G
Slogan -ত্বকের স ৌন্দক্যে COSCO
C U R R E N T
P O S I T I O N I N G
“Haath dhowar shaban- Hand Washing Soap”
PROD
UCT
PLACE
PRICE-
12 BDT
30 BDT
Retailer
s
Wholes
aler
PRICE
Glycerine
Soap
4 P ’ S
PROMOTION
IDENTIFYING THE
PROBLEM
Decline in
sales
Problem in the distribution
network
Lack of Brand elements and
promotion
Availability of large number
of substitutes
Lack of flexible
manufacturing technology
THE
BIG
SOLUTION
To Relaunch Cosco
Strength
Opportunities SO Strategies WO Strategies
• Promote their brand
through effective IMC
campaign
• Build a strong
distribution channel
• Promote the quality and
price to the mass
people
Threats ST Strategies
• Build good relationship with
the government
• Improve quality by keeping
WT Strategies
Internal
Factors
External
Factors
Weakness
•Weak distribution channel
•Poor or no promotional
activities
•Lack of variety in fragrance
and size
•Less market share
•Brand image of current parent
company
• Low and convenient
Price
• Popular Brand to the
rural people
• 1st Glycerin Soap in
Bangladesh
• Quality is good
• Growth in soap
industry
• Everybody access to
digital media
• High Population
growth
• Literacy rate is
increasing
• Intense competition in
industry
• So many international
competitor
• Consumer trends or
• Redefine the target
market to grab new
customers
• Build relationship with
customers and
retailers
• Create strong brand
image
•Bring different
flavors and variation
in the product
•Use flexible
manufacturing
WOMEN
BEAUTY
CONSCIOUS
ALL
DIVISIONSOCIO
ECONOMIC
CLASS-A , B &
C
INCOME
TK12000
ABOVE
LOYAL
CUSTOMER
S E G M E N TA T I O N & T AR G E T I
Beauty Soap The Beauty
Soap
Hand washing
soap
N E W
P O S I T I O N I N G
ত্বকের স ৌন্দক্যে
COSCO
Providing skin care and beauty
solution to women for moisturizing
and nourishing their skin with
enriched glycerin and fragrances
P O S I T I O N I N G
S TAT E M E N T
cosc
o
COSC
O
cos
co
cosc
o
cosc
o
INTRODUCTING
NEW COSCO
Soap for oily skin, normal
skin, dry skin and sensitive
skin
BROAD
DIFFERNTIATION by
embracing flexible
manufacturing technology
4 P ’ S
RAND EXTENSION
4 P ’ S
PRICE
cosc
o
COSC
O
cos
co
cosc
o
cosc
o
SOAP
Small size –
Tk12
Large size-Tk
40
Body wash
250M-Tk.80
500M-Tk.140
il stores , Super stores & departmental
Wholesalers
4 P ’ S
romoting in Bashundhara City
4 P ’ S
4 P ’ S
Test marketing in different malls
TVC featuring Model Tisha
Porter Five Forces
Lower in the domestic
market and international
brands will find it difficult
to compete
Lower
High because of popular
local and international brand
Low because they are
producing varieties so
need to purchase bulk raw
materials thus low price
Degree of Rivalry
Bargaining power of
Supplier
Bargaining power of Buyer
Threat of Substitutes
Threat of new entrants
Low as flexible
manufacturing
technology
Thank You

More Related Content

What's hot

Marketing plan for a new product.
Marketing plan for a new product.Marketing plan for a new product.
Marketing plan for a new product.Abhishek kyal
 
Chobani Greek Yogurt Insights and Strategy
Chobani Greek Yogurt Insights and StrategyChobani Greek Yogurt Insights and Strategy
Chobani Greek Yogurt Insights and StrategyJosh Crafter
 
Coke brand positioning statement
Coke brand positioning statementCoke brand positioning statement
Coke brand positioning statementDon Na
 
Coparative analysis-of-pepsi-and-coke
Coparative analysis-of-pepsi-and-cokeCoparative analysis-of-pepsi-and-coke
Coparative analysis-of-pepsi-and-cokePrabhpreet Singh
 
Digital campaign vaseline
Digital campaign vaselineDigital campaign vaseline
Digital campaign vaselineRenee Kamau
 
Project on marketing strategies of coca cola
Project on marketing strategies of coca colaProject on marketing strategies of coca cola
Project on marketing strategies of coca colaProjects Kart
 
Sales and marketing plan for soft drinks and beverages (for Iceberg Food)
Sales and marketing plan for soft drinks and beverages (for Iceberg Food)Sales and marketing plan for soft drinks and beverages (for Iceberg Food)
Sales and marketing plan for soft drinks and beverages (for Iceberg Food)Sukesh Chandra Gain
 
Pond's re positioning
Pond's re positioningPond's re positioning
Pond's re positioningRonak Bang
 
Colgate Digital Strategy
Colgate Digital StrategyColgate Digital Strategy
Colgate Digital StrategyLia Davis
 
Dove - Major and Minor Issues
Dove - Major and Minor IssuesDove - Major and Minor Issues
Dove - Major and Minor IssuesKaustabh Basu
 
Dove campaign for real beauty
Dove campaign for real beautyDove campaign for real beauty
Dove campaign for real beautyUdayan Sikdar
 
The evolution of Dove as a Brand
The evolution of Dove as a BrandThe evolution of Dove as a Brand
The evolution of Dove as a BrandRohan Bharaj
 
PepsiCo & Coke Comparative Study
PepsiCo & Coke Comparative StudyPepsiCo & Coke Comparative Study
PepsiCo & Coke Comparative StudyKaran Bhagatwala
 

What's hot (20)

Coca cola case study
Coca cola case studyCoca cola case study
Coca cola case study
 
Coca cola
Coca cola Coca cola
Coca cola
 
Coca cola project
Coca cola projectCoca cola project
Coca cola project
 
Marketing plan for a new product.
Marketing plan for a new product.Marketing plan for a new product.
Marketing plan for a new product.
 
Chobani Greek Yogurt Insights and Strategy
Chobani Greek Yogurt Insights and StrategyChobani Greek Yogurt Insights and Strategy
Chobani Greek Yogurt Insights and Strategy
 
Coke brand positioning statement
Coke brand positioning statementCoke brand positioning statement
Coke brand positioning statement
 
Pepsi V/S Coke
Pepsi V/S CokePepsi V/S Coke
Pepsi V/S Coke
 
coca cola presentation
coca cola presentationcoca cola presentation
coca cola presentation
 
Coparative analysis-of-pepsi-and-coke
Coparative analysis-of-pepsi-and-cokeCoparative analysis-of-pepsi-and-coke
Coparative analysis-of-pepsi-and-coke
 
Digital campaign vaseline
Digital campaign vaselineDigital campaign vaseline
Digital campaign vaseline
 
Project on marketing strategies of coca cola
Project on marketing strategies of coca colaProject on marketing strategies of coca cola
Project on marketing strategies of coca cola
 
Sales and marketing plan for soft drinks and beverages (for Iceberg Food)
Sales and marketing plan for soft drinks and beverages (for Iceberg Food)Sales and marketing plan for soft drinks and beverages (for Iceberg Food)
Sales and marketing plan for soft drinks and beverages (for Iceberg Food)
 
Pond's re positioning
Pond's re positioningPond's re positioning
Pond's re positioning
 
Colgate Digital Strategy
Colgate Digital StrategyColgate Digital Strategy
Colgate Digital Strategy
 
Dove - Major and Minor Issues
Dove - Major and Minor IssuesDove - Major and Minor Issues
Dove - Major and Minor Issues
 
Dove campaign for real beauty
Dove campaign for real beautyDove campaign for real beauty
Dove campaign for real beauty
 
Coca cola
Coca cola  Coca cola
Coca cola
 
Share a coke campaign
Share a coke campaignShare a coke campaign
Share a coke campaign
 
The evolution of Dove as a Brand
The evolution of Dove as a BrandThe evolution of Dove as a Brand
The evolution of Dove as a Brand
 
PepsiCo & Coke Comparative Study
PepsiCo & Coke Comparative StudyPepsiCo & Coke Comparative Study
PepsiCo & Coke Comparative Study
 

Similar to Mkt 460.4 group 1 cosco

Pond's re positioning
Pond's re positioningPond's re positioning
Pond's re positioningRonak Bang
 
Fogg Deodorant and Market Analysis
Fogg Deodorant and  Market AnalysisFogg Deodorant and  Market Analysis
Fogg Deodorant and Market AnalysisDivya Sharma
 
surf excel liquid (new product development)
surf excel liquid (new product development)surf excel liquid (new product development)
surf excel liquid (new product development)Hina Manzoor
 
Veet Retailing.pptx
Veet Retailing.pptxVeet Retailing.pptx
Veet Retailing.pptxSarmadNaeem4
 
Marketing Analysis of NIVEA
Marketing Analysis of NIVEA Marketing Analysis of NIVEA
Marketing Analysis of NIVEA Vicky Parmar
 
Sunsilk brand audit ppt
Sunsilk brand audit pptSunsilk brand audit ppt
Sunsilk brand audit pptMudasra Amjad
 
Sunsilk brand audit ppt
Sunsilk brand audit pptSunsilk brand audit ppt
Sunsilk brand audit pptRashid Javed
 
Presentation on salon industry
Presentation on salon industryPresentation on salon industry
Presentation on salon industryRavindra Walkunde
 
Marketing Strategies of olay,Fair&Lovely and Garnier
Marketing Strategies of olay,Fair&Lovely and GarnierMarketing Strategies of olay,Fair&Lovely and Garnier
Marketing Strategies of olay,Fair&Lovely and GarnierL Thangminlal Mate
 
Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...
Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...
Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...SAGAR JAISWAL
 
A Study on Brand Awareness of KSDL
A Study on Brand Awareness of KSDLA Study on Brand Awareness of KSDL
A Study on Brand Awareness of KSDLK.N.Vijay Kumar
 
Marketing Management
Marketing ManagementMarketing Management
Marketing ManagementKashif Khaira
 
Bingo Product- Analysis
Bingo Product- AnalysisBingo Product- Analysis
Bingo Product- AnalysisRinshi Singh
 
Final marketing project mm 1&2 gr 2 ss
Final marketing project mm 1&2 gr 2 ssFinal marketing project mm 1&2 gr 2 ss
Final marketing project mm 1&2 gr 2 ssAnand Jha
 

Similar to Mkt 460.4 group 1 cosco (20)

Spin N Clear1
Spin N Clear1Spin N Clear1
Spin N Clear1
 
Pond's re positioning
Pond's re positioningPond's re positioning
Pond's re positioning
 
Fogg Deodorant and Market Analysis
Fogg Deodorant and  Market AnalysisFogg Deodorant and  Market Analysis
Fogg Deodorant and Market Analysis
 
surf excel liquid (new product development)
surf excel liquid (new product development)surf excel liquid (new product development)
surf excel liquid (new product development)
 
Veet Retailing.pptx
Veet Retailing.pptxVeet Retailing.pptx
Veet Retailing.pptx
 
Marketing Analysis of NIVEA
Marketing Analysis of NIVEA Marketing Analysis of NIVEA
Marketing Analysis of NIVEA
 
khusbu singh ppt
khusbu singh pptkhusbu singh ppt
khusbu singh ppt
 
Chapter 20 (Detergents).ppt
Chapter 20 (Detergents).pptChapter 20 (Detergents).ppt
Chapter 20 (Detergents).ppt
 
Sunsilk brand audit ppt
Sunsilk brand audit pptSunsilk brand audit ppt
Sunsilk brand audit ppt
 
Sunsilk brand audit ppt
Sunsilk brand audit pptSunsilk brand audit ppt
Sunsilk brand audit ppt
 
Presentation on salon industry
Presentation on salon industryPresentation on salon industry
Presentation on salon industry
 
Marketing Strategies of olay,Fair&Lovely and Garnier
Marketing Strategies of olay,Fair&Lovely and GarnierMarketing Strategies of olay,Fair&Lovely and Garnier
Marketing Strategies of olay,Fair&Lovely and Garnier
 
Presentation on Close UP toothpaste
Presentation on Close UP toothpaste Presentation on Close UP toothpaste
Presentation on Close UP toothpaste
 
Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...
Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...
Detail analysis of 'Urja Pvt. Ltd', which also consist of ways to promote Urj...
 
Marketing plan on a new product
Marketing plan on a new productMarketing plan on a new product
Marketing plan on a new product
 
A Study on Brand Awareness of KSDL
A Study on Brand Awareness of KSDLA Study on Brand Awareness of KSDL
A Study on Brand Awareness of KSDL
 
Marketing Management
Marketing ManagementMarketing Management
Marketing Management
 
Bingo Product- Analysis
Bingo Product- AnalysisBingo Product- Analysis
Bingo Product- Analysis
 
LG HOUSEHOLD AND HEATH CARE
LG HOUSEHOLD AND HEATH CARE LG HOUSEHOLD AND HEATH CARE
LG HOUSEHOLD AND HEATH CARE
 
Final marketing project mm 1&2 gr 2 ss
Final marketing project mm 1&2 gr 2 ssFinal marketing project mm 1&2 gr 2 ss
Final marketing project mm 1&2 gr 2 ss
 

Recently uploaded

A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformChameera Dedduwage
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxRoyAbrique
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppCeline George
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docxPoojaSen20
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 

Recently uploaded (20)

A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy Reform
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website App
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docx
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 

Mkt 460.4 group 1 cosco

  • 1. Cosco Soap MKT:460 Sec:4 Syeda Rahanuma Ferdusy Haque -131 0308 030 Rifat Nahar Ritu - 131 0303 030 Sajid Hossain Khan – 123 0990 030 Sumayea Mahjabin Sivana – 131 0055 630 Rabia Zaman Rudmila – 132 0698 630 Md. Jabed Hasan – 132 0122 030
  • 2. The Soap Industry Fragmented market. The industry is stable and growing between 1998 and 2003, it grew by an average of 4% annually. Within the I&I sector there is fierce competition for market share among the existing popular soap offerings,
  • 4. Introduction Of Company- COSCOCosco glycerin soap was produced by Kohinoor chemical co (Bd).Limited later Kohnoor chemical co Limited sold it to Commander Soap co limited Private company operating in the industrial area of Tejgaon that produces Cosco using the same method as Kohinoor LTD
  • 5. SBU Cosco is pioneerin glycerin soap. The strength of Cosco soap was DURABILITY and it was not an easily melting soap. This soap is LESS COSTLY compared to much other soap in the market.
  • 6. Raw materials are distributed to factory , the finished soap are send to depot from there it reaches the target points Customer are declining as their needs are not made because they are consistent in releasing the same size , same price and same poor quality in the market 4% Market share Losing its position •market dominant has catered the customer need through various variants , size and pricing . Chittagong Chemical Complex and trust Communication for specifically polyglycol for transparency, and Lye To make the soap acid COMPETITORS CUSTOMERS SUPPLIERS DISTRIBUTORS
  • 7. Cosco Soap is manufactured in the factory located in Tejgaon industrial area and kept in depot DISTRIBUTOR Wholesaler Retail stores in specific areas like Mirpur , community centre , Karwan DISTRIBUTION Channel
  • 8. Macro Environment Analysis women in our culture do not pamper themselves with expensive cosmetics or parlor facilities except few. They look for easy beauty solution Political unrest and duty on raw materials causes delay in the production and distribution process thus increase in cost Customer taste and preferences are changing as they are educated about different uses of soap e.g. germ killing soap , beauty soap , sensitive skin soap Flexible manufacturing technology enables to produce different variants in different sizes Demographi c forces Political and legal forces Technology Social and Cultural Factors
  • 9. S W O T A N A L Y S Low and convenient Price Popular Brand to the rural people 1st Glycerin Soap in Bangladesh Quality is good T Intense competition in an industr So many international competitor Consumer trends or preferences Change in government W Weak distribution channel Poor or no promotional activities Lack of variety in fragrance and size Less market share Brand image of current parent company O Growth in soap industry Everybody has access to digital media High Population growth Literacy rate is increasing
  • 10. Porter Five Forces Intense Rivalry due to known brands like LUX, Meril, Tibet Low due to easy availability of glycerin and Lye High .because of popular local and international brand I High because of bulk purchase Degree of Rivalry Bargaining power of Buyers Bargaining power of Suppliers Threat of Substitutes Threat of new entrants High because Glycerin is cheap and easily available
  • 11. M a r k e t S e g m e n t a t i o n A n d Ta rg e t i n g Geogra phic Bangladesh India Nepal Pakistan Socio Econo mic Class A Class B Class C Class D Demogra phic Women 18 to 60 years old Parents (~55) Key: Target market Teenagers (13-19)
  • 12. M a r k e t S e g m e n t a t i o n A n d Ta rg e t i n g Psycho- graphic Personalit y Outgoing Introvert Beauty and health conscious Behavi oral Heavy Users Moderate Users Low Users Lifestyle Key: Target market Traditional Tech- dependent Independen t
  • 13. ‘To all the beautiful women who always want to be charming ‘Cosco glycerin soap’ is ready to serve them with what they deserve’. O L D P O S I T I O N I N G Slogan -ত্বকের স ৌন্দক্যে COSCO
  • 14. C U R R E N T P O S I T I O N I N G “Haath dhowar shaban- Hand Washing Soap”
  • 17. Problem in the distribution network Lack of Brand elements and promotion Availability of large number of substitutes Lack of flexible manufacturing technology
  • 19. Strength Opportunities SO Strategies WO Strategies • Promote their brand through effective IMC campaign • Build a strong distribution channel • Promote the quality and price to the mass people Threats ST Strategies • Build good relationship with the government • Improve quality by keeping WT Strategies Internal Factors External Factors Weakness •Weak distribution channel •Poor or no promotional activities •Lack of variety in fragrance and size •Less market share •Brand image of current parent company • Low and convenient Price • Popular Brand to the rural people • 1st Glycerin Soap in Bangladesh • Quality is good • Growth in soap industry • Everybody access to digital media • High Population growth • Literacy rate is increasing • Intense competition in industry • So many international competitor • Consumer trends or • Redefine the target market to grab new customers • Build relationship with customers and retailers • Create strong brand image •Bring different flavors and variation in the product •Use flexible manufacturing
  • 20. WOMEN BEAUTY CONSCIOUS ALL DIVISIONSOCIO ECONOMIC CLASS-A , B & C INCOME TK12000 ABOVE LOYAL CUSTOMER S E G M E N TA T I O N & T AR G E T I
  • 21. Beauty Soap The Beauty Soap Hand washing soap N E W P O S I T I O N I N G ত্বকের স ৌন্দক্যে COSCO
  • 22. Providing skin care and beauty solution to women for moisturizing and nourishing their skin with enriched glycerin and fragrances P O S I T I O N I N G S TAT E M E N T
  • 23. cosc o COSC O cos co cosc o cosc o INTRODUCTING NEW COSCO Soap for oily skin, normal skin, dry skin and sensitive skin BROAD DIFFERNTIATION by embracing flexible manufacturing technology 4 P ’ S
  • 25. PRICE cosc o COSC O cos co cosc o cosc o SOAP Small size – Tk12 Large size-Tk 40 Body wash 250M-Tk.80 500M-Tk.140
  • 26. il stores , Super stores & departmental Wholesalers 4 P ’ S
  • 27. romoting in Bashundhara City 4 P ’ S
  • 28. 4 P ’ S Test marketing in different malls TVC featuring Model Tisha
  • 29. Porter Five Forces Lower in the domestic market and international brands will find it difficult to compete Lower High because of popular local and international brand Low because they are producing varieties so need to purchase bulk raw materials thus low price Degree of Rivalry Bargaining power of Supplier Bargaining power of Buyer Threat of Substitutes Threat of new entrants Low as flexible manufacturing technology