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10 Step Marketing Plan: Braun ThermoScan Rose Ann S. Palma Ateneo Graduate School of Business Ateneo School of Medicine and Public Health

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Page 1: Palma 10 steps braun

10 Step Marketing Plan:  

Braun  ThermoScan  

Rose  Ann  S.  Palma  

Ateneo  Graduate  School  of  Business  

Ateneo  School  of  Medicine  and  Public  Health  

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The Print Ad

Braun  ThermoScan      

from  

Parents  magazine  January  2005  

Braun ThermoScan | 10  Step  MarkeGng  Plan    

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Braun ThermoScan | 10  Step  MarkeGng  Plan    

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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    

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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  

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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.    

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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

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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.”

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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  

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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    

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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    

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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    

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WINNING STRATEGY

•   best  in  product    •   different  from  others  •   innovaGve  •   superior  quality  

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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

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Braun ThermoScan | 10  Step  MarkeGng  Plan    

SAMPLE ADVERTISEMENTS

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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    

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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

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10 Step Marketing Plan:  

Braun  ThermoScan  

Rose  Ann  S.  Palma  

Ateneo  Graduate  School  of  Business  

Ateneo  School  of  Medicine  and  Public  Health