MARKETING PROJECT 2013
Product Conception Contains Argan Oil Provides moisture and soothes dry pet skin & coat Softer, manageable fur First shampoo of its kind for pets Arganix Luxury Lather
Domestic Marketing Strategy Competitive ForcesEconomic Forces Competitive advantage Contains argan oil Is currently the only pet product with argan oil as key ingredient Paul Mitchell Pets & Pet Head They are both popular US brands for luxury pet shampoos These brands do not have argan oil as ingredients Increase in pet shampoo sales $30-$500 spent yearly on pets
Domestic Marketing Strategy Political ForcesLegal & Regulatory Forces The U.S and Morocco are top trading Free trade partner Cosmetic vs. Conception Market is NOT tightly regulated FDA guidelines - Prohibits adulterated/ misbranded cosmetics
Domestic Marketing Strategy Technological ForcesSocio-cultural Forces Advertising Promotion Sampling Facebook Role of Appearance in our culture Brand Loyalty Impact of “public eye”
International Marketing Strategy Competitive ForcesEconomic Forces Jessy’s Animal World 52% of market share Distributes to targeted businesses Increase in disposable income Growing population of domestic animals Increase in the number of hypermarkets in the country
International Marketing Strategy Political ForcesLegal & Regulatory Forces The U.S and Morocco are top trading Free trade partner Cosmetic vs. Conception Argan tree is native to Morocco Plan to Increase exports But… Trees are now endangered
International Marketing Strategy Technological ForcesSocio-cultural Forces Facebook Promoting Coupons Samples Role of Women in Argan industry - Bright future Pet Owners in Morocco - Wealthy - Protection
Research Survey Sample Research Survey (sample) 1) Are you a male or female? Male Female 2) What is your age? years old years old years old 65+ years old 3) What is your current marital status? Single Married 4) What is your yearly income (on average)? 0-$20,000 $20,000-$30,000 $30,00-$45,000 $45,000-$60,000 $60,000+ Business Research Survey (sample) 1.) Are pet products popular in your store? Yes No 22) Would you use argan oil on your pet? Yes No 23) Do you use argan oil on your hair? Yes No 24) On a scale of 1-10 how much do you like using argan oil? (circle one) 25) Would you use it as often on your pet? Yes No
S.W.O.T Analysis STRENGTHSWEAKNESSES Contains argan oil Not tightly regulated Skepticism
OPPORTUNITIESTHREATS Expand our product line to conditioners, and fur care & maintenace Growth to other countries Build a distinctive brand Few, because of lack of competitiors with same key ingredient
Marketing Strategies ProductPricing Arganix Luxury Lather for Pets Argan oil based pet shampoo Two sizes 8oz. & 10 oz. Recyclable packaging Critical Component Price Range: $10.00-$15.00 Morocco = Lower price
Marketing Strategies (cont) DistributionPromotion Concentrated Strategy Morocco = Business Market U.S = Consumer Market Importance of Technology Facebook Coupons Samples