palma 10 steps braun
TRANSCRIPT
10 Step Marketing Plan:
Braun ThermoScan
Rose Ann S. Palma
Ateneo Graduate School of Business
Ateneo School of Medicine and Public Health
The Print Ad
Braun ThermoScan
from
Parents magazine January 2005
Braun ThermoScan | 10 Step MarkeGng Plan
Braun ThermoScan | 10 Step MarkeGng Plan
Braun ThermoScan’s Primary Target Market and Positioning
1. Braun’s ThermoScan’s PTM are middle and upper class parents, parGcularly mothers
2. Who want the best medical gadgets for their baby’s health
3. Who have other opGons such as Omron, Rossmax, Graco, Homedics, Safety 1st,
4. Other companies stress their quick temperature reading ability
5. Possible market size is esGmated to be P12.7B but only less than 5% of this actually has an ear thermometer; possible nich of Braun ThermoScan is 3.5%
Braun ThermoScan | 10 Step MarkeGng Plan
Braun ThermoScan’s Marketing Mix and Strategy
6. The product is a digital ear thermometer 7. PromoGons include direct sales agents,
print ads, cross promoGonal programs with other products, and the internet
8. Priced in the middle relaGve to its direct compeGtors
9. Has limited availability naGonwide 10. Used differenGaGon as its winning strategy
Braun ThermoScan | 10 Step MarkeGng Plan
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Braun ThermoScan | 10 Step MarkeGng Plan
Primary Target Market
• Middle and upper class parents, especially mothers
• 25-‐40 yrs old • Male < Female • class A, B, C • Single < Married
• Working but family-‐oriented • Hands-‐on fathers and mothers
Step 1
Needs, Wants, Demands of PTM
CLICK HERE FOR MORE INFO
Braun ThermoScan | 10 Step MarkeGng Plan
We want the best for our child. We want him to always be in good shape and we want to be able to do everything we can for him when he is not feeling
well.
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Braun ThermoScan | 10 Step MarkeGng Plan
PTM’s Needs, Wants, Needs • Parents need to be assured of their children’s love and well-‐being.
• Parents want the best for their children and they choose Braun ThermoScan because of its accuracy, ease of use, and reputaGon of the company maker.
• Parents expect the product to deliver its promised accurate temperature readings in just a few seconds. They also expect a strong and enduring thermometer which they came to expect from the products of Braun.
Step 2
Braun ThermoScan | 10 Step MarkeGng Plan
Compe<tors
Direct • Omron • Rossmax • Graco • LifeSource • Homemedics
Indirect • Oral thermometers • Axillary thermometers • Rectal thermometers • Albularyos / hilots Variables
• Price • Packaging • Brand Awareness • Brand ReputaGon • Accessibility
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Braun ThermoScan | 10 Step MarkeGng Plan
Competitive Position
Step 4
“The New Standard in Peace of Mind… gives you what is most
important when taking your baby’s temperature: confidence that you have taken an accurate reading…
Unlike other thermometers, the Braun ThermoScan has unique
ExacTemp technology with a Feedback System.”
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Braun ThermoScan | 10 Step MarkeGng Plan
Market Size • from research:
• 3,337,562 (middle to upper class families) x P3800 (cost of 1 Braun ThermoScan) = P12.7B
• However, ear thermometers are not popular here in the Philippines
• Less than 5% probably has one at their homes and of these , Braun ThermoScan probably has 3.5% because it is the leading and most available brand in the country
Step 5
http://opinion.inquirer.net/inquireropinion/columns/view/20100710-280190/NSCB-tries-to-count-the-rich
Major Brands of Digital Ear Thermometers
CLICK HERE FOR MORE INFO
Braun ThermoScan | 10 Step MarkeGng Plan
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Braun ThermoScan | 10 Step MarkeGng Plan
PRODUCT Step 6
ExacTemp technology with a Feedback System
“ confirms with a light and beep when the thermometer is securely
positioned and an accurate measurement is taken. And it does
this in just a few seconds.”
Braun ThermoScan ExacTemp
From research: • Flashing light and beep confirm positioning • On-Off button for easy control. • Memory function stores 8 readings. • Soft, flexible tip with filter detector. • Lens Filter ejector for easy removal. • Also for oral, rectal or underarm use • Comes with 2 AA batteries - 21 lens filters and cap
Braun ThermoScan | 10 Step MarkeGng Plan
Step 6
Braun ThermoScan | 10 Step MarkeGng Plan
From research: • Pre-warmed Tip minimizes the cooling effect on the ear canal • Guidance System confirms with a light and a beep when you have taken a proper measurement • Infra-Red Technology measures the infrared heat generated by the eardrum and surrounding tissue • Flexible Tip for gentleness and ease of use • Lens Filters protect the tip from scratches, as well as from impurities
ExacTemp Technology
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Braun ThermoScan | 10 Step MarkeGng Plan
• not indicated in the advertisement
• from research: • most available now in the country is Braun and Rossmax; Omron was pulled out in most medical stores • Braun = P3800 • Rossmax = P1000 • Braun ThermoScan is priced higher by ~75%
• innovative and product leader as a marketing strategy
Step 7
PRICE
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Braun ThermoScan | 10 Step MarkeGng Plan
Step 8
PROMO • from the ad:
• website • telephone/ toll-free number
• from research: • word of mouth • direct sales agents • freebies • cross-promotions with other products (abroad)
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Braun ThermoScan | 10 Step MarkeGng Plan
Step 9
PLACE From the ad and from research:
• limited availability nationwide
• Selected independent distributors of medical products
• Selected Mercury and Watsons outlets
• Internet
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Braun ThermoScan | 10 Step MarkeGng Plan
Step 10
WINNING STRATEGY
• best in product • different from others • innovaGve • superior quality
Braun ThermoScan | 10 Step MarkeGng Plan
More Aggressive Marketing Campaigns
• come up with advertisements which highlight advantages over mercury and digital axillary thermometers which dominate Filipino homes
• use regular Filipino families in ads instead of just using product pictures
• use different forms of media: TV, internet, newspapers, magazines
• cross-promotions with other products, ie. leading diaper and formula milk brands
RECOMMENDATIONS
Braun ThermoScan | 10 Step MarkeGng Plan
SAMPLE ADVERTISEMENTS
SUMMARY
1. Braun’s ThermoScan’s PTM are middle and upper class parents, parGcularly mothers
2. Who want the best medical gadgets for their baby’s health
3. Who have other opGons such as Omron, Rossmax, Graco, Homedics, Safety 1st,
4. Other companies stress their quick temperature reading ability
5. Possible market size is esGmated to be P12.7B but only less than 5% of this actually has an ear thermometer; possible nich of Braun ThermoScan is 3.5%
Braun ThermoScan | 10 Step MarkeGng Plan
6. The product is a digital ear thermometer 7. PromoGons include direct sales agents,
print ads, cross promoGonal programs with other products, and the internet
8. Priced in the middle relaGve to its direct compeGtors
9. Has limited availability naGonwide 10. Used differenGaGon as its winning
strategy
Braun ThermoScan | 10 Step MarkeGng Plan
SUMMARY
10 Step Marketing Plan:
Braun ThermoScan
Rose Ann S. Palma
Ateneo Graduate School of Business
Ateneo School of Medicine and Public Health