Client Brief on ACI Aerosol
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Transcript of Client Brief on ACI Aerosol
Client Brief Of ACIAerosol
Course: MKT 337 PromotionalManagement
Submitted to Mr. Shafquat Kabir (SQK)
Done By:
Muhaiminul Ahmed 132 1333 030
Noor A Alah Shahariar 132 1304 630
Tanzina Islam 131 0305 030
Shahadat Hossain 042 250 030
Ali Tasneem 123 0497 030
Where Are We Now?
Core Product and Service
Advanced Chemical Industries (ACI) limited. It was established
in 1973 and since then we have been producing pharmaceutical
products, consumer products and agribusiness products. ACI has
been accepted as a Founding Member of the Community of Global
Growth Companies by the World Economic Forum which is the most
prestigious business networking organization.
Under consumer product section fall ACI aerosol for which this
client brief was made. ACI aerosol is mostly known as mosquito
repellent and this product is serving our customer very
efficiently. In the fields of mosquito repellent we obtain the
highest of market shares. Pictures of our product with different
sizes are given below:
Nowadays ACI has been facing competitions from various mosquito
repellants, namely as Mortein, a brand by Reckitt Benckiser, Hit
by Godrej and Xpel by Square Toiletries Ltd. Pictures our
competitors are given below:
250ml
One of the competitive advantages we have is that we offer ACI
aerosol in different sizes to customers. This allows our customer
with more choices. Here with different prices related to their
sizes are given below along with our competitors:
Manufacturing and Distribution Channels
ACI Limited’s head office is located Tejgaon Industrial Area
Dhaka Bangladesh. The company maintains strategically located
sales centers in nineteen different locations across the country.
It has developed an advanced distribution system through its
skilled and trained manpower and a large fleet over eighty
vehicles. The distribution system is fully equipped for handling
continuing volume of diverse range of products from the various
businesses.
Key Issues
Loss of market share: Though we remain the market leader but
our sales have significantly declined due to lack of ad
campaigns.
In the above figure the two pie-charts are showing sales
decline in two years time. LankaBangla Finance had done a
survey and it showed that in 2012 our market share was 87%
and our competitors’ were overall 13%. Later in 2013 when we
did a survey and it showed that the market share has fallen
by 3% to 84% and our competitors’ market shares were
increased by 3%. Although the percentage may seem to be
miniscule but the monetary amount it represents is enormous.
Frequency of Competitors Campaigns: brands like Mortein and
Hit are more frequent when it comes to promotional
campaigns. On the other hand, there has been no noticeable
promotional effort from us, in the recent light.
Foreign ad campaigns: Due to the dominating presence of Indian television channels, the ad campaigns of Mortein or
Hit, affect the markets of Bangladesh. This may be due to
the fact that the target market of India and Bangladesh may
share similar segmentation features.
Where Do We Want To Be?
The long term goodwill of our brand and widespread availability
of ACI Aerosol has made us to hold a large share of the market
even after facing all the key issues mentioned from its
competitors’ products and variants. Therefore we came to a
conclusion of our main objective:
“Increase brand share by 3% by volume through ad campaigns during
the promotional period of 3 months”
Hence, our efforts will be to increase our brand share by volume
by at least 3%, through this ad campaign starting from 1st of
October to the end of December. This mainly refers to a sales
objective by increasing volume. Through this ad campaigns we want
to remind our customers that we are still there in the market.
Through this we would like to focus on another fact that is to
reduce our customer attrition. This has been caused by our
competitors continuous and repetitive ad campaigns, whereas there
were no remarkable or noticeable ads done by our company for ACI
Aerosol in recent times. For example, few ads done by our
competitors in current times:
What Are We Doing To Get There?
ACI aerosol has a long term reputation of being effective when it
comes to eliminating mosquitoes. Also has stronghold on
distributions to ensure availability to target customers. To
further maintain this goodwill and reach our campaign objective
we shall do the following:
Share of Voice: We are willing to increase and maintain a
promotional spending that is greater than our competitors’
spending. Thus ensuring greater share of voice.
Price Discounts: We shall be offering price discounts to
stimulate purchases during the promotional period. The price
discounts shall be minor not exceed to the extent that it
results in losses for us.
Who Do We Need To Talk To?
Aerosols are a mass market product targeted toward the
Socioeconomic Group A and B. It is also understood that its
purchase requires low involvement and is habitual. That also
means that the customers who are switching from ACI Aerosol to
our competitors brand are demonstrating variety seeking behavior.
For them our brand is a ‘same, old and boring’ product. So our
aim shall be towards the retention these customers. This can be
done through the reminders of the effectiveness of our brand, its
reputation and the fact that this product does not only repel
mosquitoes but usage of ACI Aerosol is also a precautionary step
towards preventing life threatening disease such as malaria and
dengue. They should be reminded that we were and are here to
protect their and their loved ones’ health and thus life.
How Will We Know We Have Arrived?
To assess the effectiveness of our campaign we shall take the
following measures:
Before/ After Study: At the beginning and at the end of our
campaign we shall conduct surveys of our markets sales data
to check whether the campaign has been successful to reach
its objective.
Marginal Analysis: Also throughout the campaign period we
shall conduct marginal analysis of our sales to cost data.
We shall continue spending as long as the incremental cost
is not equal to the incremental revenue.
Practicalities
Budget: The budget allocated for the campaign is BDT 40,00,000 or
Forty Lacs only. All the processes that are needed to be carried
out to achieve campaign objective has to be carried out within
this amount.
Timing: The briefing starts at 1st of September, a whole month
before the main promotional campaign from October 1st, with the
presentations and other formalities done throughout September.
Mandatory: All media vehicles used in the campaign must carry the
corporate logo of ACI and its color themes. Slogan for this
campaign is, ‘Abar Marbo Mosha’ translatable to ‘Let’s Kill
Mosquitoes Again’.