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Machon Lev

Technology Marketing
  and Management       Team:      Ezra Elzas
                                  Yechezkel Gorelik
   07-June-2012
   17- Sivan-5772                 Dov Shore
                       Advisor:   Dr. C. Ehrman




                                                      1
 Founded  in 2007 by Dr. Jim Wikler
 OTC Acne Treatment Company
 www.tooimprove.com
 Based in Amsterdam,
  The Netherlands
 “Young and Hip” Image




                                  2
 As  of 2008 the European OTC Skin Care
  Market is worth €3.3 Billion, and the Acne
  Market in particular is worth €561 Million.
 Biggest competition includes: Garnier,
  L’Oreal and Clearasil.     OTC Skin Care Market
 In The Netherlands              3.3 Billion
                                                Acne
  no medical proof                 0% 0%
                                               Cream
  is required.                                 Market
                                                17%
 Increase in health
  conscious consumers.
                                     83%

                                             3
 Toenlargen the market share of 2Improve
 significantly.
           • Analyse the market
           • Assemble two surveys
       1

           • Distribute the surveys
           • Analyse the results
       2
           • Create various courses of actions and
             suggestions
       3   • Hand in the research and suggestions



                                                     4
 People   tend to distrust pharmaceutical
                           Older
                         Population
  advertisements. They are perceived to be
  highly biased. (Diehl, 2008)
 The color blue gives a positive impact to
                                     Increase
        Pursuit of                  Wealth in
  Germanic females. Colors have been proved
       Agelessness                   Emerging

                    Industry        Economies
  to increase product recognition by 80 %.
 (Aarti, 2010)

 Advertisement          is Growth one-way
                            no longer a
 channel. (Scot, 2011)
                                  Increased
                 Technological
                                    Health
                   Advances
                                  Awareness

                                              Market research
                                              World (2012)
                                                5
Find out what consumers are looking
for in their acne treatment product.

       Identify the key characteristics that
            appeal to the consumers.

          Determine characteristics by
                demograpahics.


         Identify room for improvement.

                                       6
4
                      Conjoint Analysis
   2Improve scores well
3.5
   4.5
     on Price and Result.
     4
  3
   They can do better at
   3.5
2.5
     Time and Distribution.
     3
  2
   2.5
1.5                                       2Improve
     2
  1                                       Overall Average
   Outcome is the most
   1.5
0.5
     important.
     1
  0
  Price
   0.5   can be raised as
   long as outcome and
   0
   timespan stay the
          Outcome         Timespan        Low Price
   same.            2Improve   Industry
                                                7
‹#›
Results
 Results   Price   Irrelevant
                     of Price




                    Time
                   With Not
 Time      Reach
                    Going
                   Too Far



                     A
Price       Way    Cheap
                    Way

                           9
To gauge performance based on
      customer feedback.
      Identify the main media source for
                  consumers.


        Identify repeat customer rate.


      Identify level of happiness within
                different areas.

                                    10
‹#›
• “Packaging and
                     Time-                         Cheap
  Post” has a        span
                                    Price
                                                   & Fast
  positive effect
  when the product
  was purchased
  for others.        Packaging
                                     Post
                                                   Packaging
                                                    & Post



• “Cheap and Fast”
  has no influence
  on purchases            Outcome           Quality
  made based on
  magazine
  advertisments.
                                              12
 The USP of having a gel and wash should be
  promoted further.
 Research has shown that the color blue
  would be better for the female line of
  products.
 There is room to raise the products prices as
  long as the outcome stays the same.




                                         13
 Customers   are satisfied with the price and
  result of 2Improves products. However, time
  and distribution could be improved.
 2Improve should continue their positive
  trend of promoting through radio
  advertisments and Google’s AdWords.
 “Packaging and Post” has significant
  influence on customers purchasing the
  product for others.



                                         14
 Male  and female lines were marketed well
  and received as expected by customers.
 To give 2Improve an edge over the
  competition they could conduct medical
  proof.




 Further data analysis and sources can be found in the “To
             improve 2Improve” final report.

                                                    15
Thank you for your
time and attention!



                 16

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To Improve @Improve

  • 1. Machon Lev Technology Marketing and Management Team: Ezra Elzas Yechezkel Gorelik 07-June-2012 17- Sivan-5772 Dov Shore Advisor: Dr. C. Ehrman 1
  • 2.  Founded in 2007 by Dr. Jim Wikler  OTC Acne Treatment Company  www.tooimprove.com  Based in Amsterdam, The Netherlands  “Young and Hip” Image 2
  • 3.  As of 2008 the European OTC Skin Care Market is worth €3.3 Billion, and the Acne Market in particular is worth €561 Million.  Biggest competition includes: Garnier, L’Oreal and Clearasil. OTC Skin Care Market  In The Netherlands 3.3 Billion Acne no medical proof 0% 0% Cream is required. Market 17%  Increase in health conscious consumers. 83% 3
  • 4.  Toenlargen the market share of 2Improve significantly. • Analyse the market • Assemble two surveys 1 • Distribute the surveys • Analyse the results 2 • Create various courses of actions and suggestions 3 • Hand in the research and suggestions 4
  • 5.  People tend to distrust pharmaceutical Older Population advertisements. They are perceived to be highly biased. (Diehl, 2008)  The color blue gives a positive impact to Increase Pursuit of Wealth in Germanic females. Colors have been proved Agelessness Emerging Industry Economies to increase product recognition by 80 %. (Aarti, 2010)  Advertisement is Growth one-way no longer a channel. (Scot, 2011) Increased Technological Health Advances Awareness Market research World (2012) 5
  • 6. Find out what consumers are looking for in their acne treatment product. Identify the key characteristics that appeal to the consumers. Determine characteristics by demograpahics. Identify room for improvement. 6
  • 7. 4 Conjoint Analysis  2Improve scores well 3.5 4.5 on Price and Result. 4 3  They can do better at 3.5 2.5 Time and Distribution. 3 2 2.5 1.5 2Improve 2 1 Overall Average  Outcome is the most 1.5 0.5 important. 1 0  Price 0.5 can be raised as long as outcome and 0 timespan stay the Outcome Timespan Low Price same. 2Improve Industry 7
  • 9. Results Results Price Irrelevant of Price Time With Not Time Reach Going Too Far A Price Way Cheap Way 9
  • 10. To gauge performance based on customer feedback. Identify the main media source for consumers. Identify repeat customer rate. Identify level of happiness within different areas. 10
  • 12. • “Packaging and Time- Cheap Post” has a span Price & Fast positive effect when the product was purchased for others. Packaging Post Packaging & Post • “Cheap and Fast” has no influence on purchases Outcome Quality made based on magazine advertisments. 12
  • 13.  The USP of having a gel and wash should be promoted further.  Research has shown that the color blue would be better for the female line of products.  There is room to raise the products prices as long as the outcome stays the same. 13
  • 14.  Customers are satisfied with the price and result of 2Improves products. However, time and distribution could be improved.  2Improve should continue their positive trend of promoting through radio advertisments and Google’s AdWords.  “Packaging and Post” has significant influence on customers purchasing the product for others. 14
  • 15.  Male and female lines were marketed well and received as expected by customers.  To give 2Improve an edge over the competition they could conduct medical proof. Further data analysis and sources can be found in the “To improve 2Improve” final report. 15
  • 16. Thank you for your time and attention! 16

Editor's Notes

  1. When promotions are done more products were soldMention USP face wash and gel
  2. Source: euromonitorRest of the market: 2.739 Billion This includes: lotions, think of ahava products, cleansers facewashes etc.
  3. People dont like ads thats why we have a cool adAds in pharma are mainly to convince the doctors (not ours)Speak about blogs and social media
  4. Factor analysis by demographics
  5. Talk about how the groups are very linked together appropiately
  6. Distribution is not in shop and only online online is good and in shop will only help
  7. This includes the culture that they are building up young and hip