Our team found that Garnier`s market share was slipping due
Transcription
Our team found that Garnier`s market share was slipping due
GARNIER FRUCTIS MEDIA PLAN INDEX Executive Summary Situation Analysis Brand History Past Advertising Marketing Share Ad Expenditure Total Spending Share of Voice Media Mix Marketing Problem/PLC Marketing Strategy Garnier SWOT Competitors’ SWOT Marketing/Advertising Objectives Target Selection media objectives, strategies, & tactics Media Objectives Seasonality Regionality Overall Media Budget Media Selection Quintile Analysis Vehicles Budget Constraints and Scheduling Advertising Flowchart Creative Strategy Promotion Strategy & IMC Efforts IMC Examples Test plan & Evaluation References EXECUTIVE SUMMARY Situation Analysis CREATIVE STRATEGY Garnier has the second highest market share among the Top Hair Care Brands in the United States. Its advertising has created a brand image that is easily recognized. Garnier has a high BDI in the northeast and midwest regions. The brand has a low BDI in the West, but hair conditioner has a high CDI. This means that there is room for growth. Therefore, the campaign will focus the majority of its effort in this region. Garnier’s print and TV ads will evoke a more exaggerated image than previously shown. The amplified campaign will capture the attention of current and potential consumers, while still maintaining the integrity of the product. Marketing Strategy PROMOTION STRATEGY & IMC EFFORTS Suave Naturals holds the leading marketing share for hair conditioner in the United States. By increasing its reach, Garnier will begin to close the gap between its market share and Suave. Garnier will gain more of the market share by showing advertisement on TV and in magazines, which will spur brand and consumer interaction. The target audience, females ages 18 to 34, will experience an increaesd brand awareness. Garnier will increase interactivity with the hashtag #SleekHairDontCare. This hashtag will carry over in the brand’s TV and magazine advertisements. Garnier will also encourage consumers to use this hashtag on Instagram, Twitter and Facebook to share their adventurous stories. This will increase reach, especially considering that Garnier has an underutilized social media presence. MEDIA OBJECTIVES, STRATEGIES & TACTICS COPY TEST / EVALUATION The media objective is to increase reach by effectively using magazines, network TV and social media. Garnier will increase its presence in the months of January, April, July and October. These months are at the height of its pulsing schedule. Garnier will take advantage of network TV’s low CPM. Magazines will also direct the brand to a more specific audience, even though the medium carries a high CPM. Garnier will examine social media conversations and sales before the new campaign and throughout the year, increasing its evaluation during the campaign’s peak months. The brand will modify certain aspects to match audience sentiment throughout the campaign. SITUATION ANALYSIS BRAND HISTORY Alfred Garnier began marketing his first hair tonic 1904 1965 L’Oreal purchased Laboratoires Garnier Fructis haircare and styling products line started 1996 Announced partnership with TerraCycle, Inc. 2003 Garnier Fructis Marketing Communication Strategy introduced 2011 PAST ADVERTISEMENTS GARNIER Garnier has utilized bright colors, funny copy and interesting situations in past ads to appeal to its younger target audience. It differs from many of its competitors in that it does not use muted colors to communicate sophistication; its style is lively, playful and entertaining. PANTENE SUAVE NEXXUS Pantene is the only competitor that comes close to Garnier in terms of playfulness and originality in its ads. Its ads are not particularly ground breaking, but use celebrities in addition to everyday models to attract a younger audience. Suave, the leader in market share for conditioners sold in mass retailers, uses its ads to appeal to the everyday woman. Its visuals are neither edgy nor intriguing, and the copy could be for any other hair conditioner brand. Nexxus is perceived as a more high-end brand. Its ads use gray tones to emphasize the models and their super-shiny hair. Nexxus ads almost always include extra copy about the product and usually only include headshots. MARKETING SHARE Suave 2.45% Garnier 2.05% Pantene 1.88% Nexxus 1.81% Alberto 1.70% Matrix 1.68% AD EXPENDITURE total spending Garnier Fructis’s total budget will be $84,670,800, with $25,049,900 allotted to magazines and $32,862,700 allotted to network TV. Its leading competitor, Suave Naturals, has a total budget of $41,722,200. Pantene, which has the third highest market share behind Garnier Fructis, has a total budget of $146,690,800. 50000 45000 40000 Garnier 30000 Suave 25000 Nexxus 20000 Pantene 15000 Alberto VO5 10000 Matrix Biolage 5000 n Sy n di ca Bo Ne t o di Ra Ca bl e TV V t T Sp o V T Ne t r oo td Ou sp l N w Na t ag az in e 0 M Dollars (000) 35000 Garnier Fructis has the second highest share of voice, both overall (25.1%) and individually in the magazine (22%) and network TV (32.3%) mediums. Although Suave has the leading market share, it has the fourth highest overall share of voice with 13%. Pantene, which holds the third highest market share, has by far the highest share of voice with 45.7%. SOV SyndicaBon Radio Net Cable TV Matrix Biolage Spot TV Alberto VO5 Pantene Net TV Nexxus Suave Outdoor Garnier Natl Nwsp Magazine 0 20 40 60 Percentage 80 100 120 Media Mix Syndication 19% Cable TV 12% Net TV 39% Magazine 30% Garnier Fructis spends the majority of its budget on network TV advertising with 39%. The brand allocates 30% of its budget to advertising in magazines. MARKETING PROBLEM PRODUCT LIFE CYCLE Garnier Fructis Sleek and Shine holds the second highest market share, which is 2.05% ($18.9 million), in the Top Hair Conditioner Brands category. Garnier Fructis is second to Suave Naturals, which carries 2.45% of the market share ($22.6 million). This is due to the fact that Suave Naturals has a larger potential target audience because both men and children use Suave Naturals, in addition to women. As a whole, Garnier Fructis Sleek and Shine is in the maturity stage of its PLC. The brand is well known and has distinct branding. As the brand’s high BDI numbers indicate, this stage is especially apparent in the northeastern and midwestern regions of the United States. That being said, there is still room for growth in the West. Garnier Fructis has a low BDI in this region, but hair conditioner has a high CDI. Therefore, Garnier Fructis is targeting this area of the country (because there is still room for growth). MARKETING STRATEGY GARNIER SWOT strengths • • • • • • • Parent brand, L’Oreal, established more than 100 years ago Garnier Fructis Sleek and Shine holds second highest market share Recognizable commercials: bright, comical and lively Inexpensive but high quality, so it appeals to a broad range of incomes Eco-friendly image: partners with TerraCycle and EarthShare Uses Fortified Fruit Science to make products Available nationwide Opportunities • • • • Utilize flirty, young image Improve use of social media (Instagram, Twitter and Facebook) Expand upon preexisting outlandish advertising Untapped market in the West Weaknesses • • • • • Products are more expensive than Suave Naturals, the leading competitor Outdated version of website still exists New website lags and is moderately difficult to browse Twitter and Instagram accounts are boring and uninteractive Numerous Amazon reviews say product bottle cap breaks easily Threats • Suave Naturals: holds the highest market share, has cheaper products and is available in several different scents • Third and fourth highest market share holders, Pantene Pro-V Always Smooth and Nexxus Humectress, follow close behind Garnier Fructis Sleek and Shine Competitors' SWOT suave PANTENE NEXXUS • Relatively inexpensive • Easily accessible • Larger potential market (women, men and children) • Leading market share • Highest share of voice • High brand awareness because of celebrity endorsements • High volume of sales due to effective ingredients • Perceived as high/salon quality weaknesses • Not considered as high-end • Hard to tailor advertisements for a large target market • Product is more expensive when compared to many other brands • Hefty price tag for a product sold by mass retailers opportunities • Large potential market can increase growth • Could develop higher-end product to reach more people • Because it has the largest share of voice, Pantene has the opportunity to easily increase its reach and market share • Because brand awareness is high at mass retailers, if Nexxus lowered prices it could increase sales tremendously threats • Easy to get lost in the mix of so many hair care products • Must continue to set themselves apart with a low price and diverse product range • Other brands have less expensive products that are equal in quality • Other brands are increasingly developing salon-quality products for their lines at lower prices strengths MARKETING & ADVERTISING OBJECTIVES MARKETING OBJECTIVE ADVERTISING OBJECTIVE The campaign’s marketing objective is to decrease the market share gap between Garnier and Suave. If the campaign does not achieve this goal, then Garnier’s market share will either remain the same or decrease as other brands improve their advertising. Garnier’s eventual goal following is to surpass the market share of Suave. Garnier will increase brand awareness by advertising on network TV during the prime time day part and in magazines that appeal to the target audience. Garnier will also advertise on the Internet because it is cost efficient. Advertising in these media will increase the brand’s reach. TARGET SELECTION CDI: 105 BDI: *100 Garnier’s target audience is women ages 18 to 34. This age group has the highest index for hair conditioner usage, with women ages 25 to 34 being the top users. CDI: 100 BDI: *168 CDI: 94 BDI: *110 CDI: 99 BDI: *56 The West Coast is a good market for an offensive ad strategy because it has a high CDI and a low BDI.T h e northeast and Midwest regions call for a defensive strategy because they have high BDIs and low CDIs. The market must be monitored to see whether brand sales decline or category sales further decline. 140 120 100 80 60 40 20 0 18-24 25-34 35-54 55+ MEDIA OBJECTIVES STRATEGIES & TACTICS MEDIA OBJECTIVES Frequency By increasing print ads and using more strategic TV spot placement, Garnier will increase its frequency to six exposures per person during peaks in the ad schedule and to four exposures during non-peak times. By increasing awareness, Garnier will increase its audience and, in turn, sales. reach Reach is most important because Garnier needs to increase the number of people buying Sleek and Shine. Garnier will increase coverage of 18 to 24 year old females, its primary target market, to 80%. Garnier will increase coverage of its secondary target market, 25 to 34 year old females, to 75%. SEASONALITY Garnier will allot a larger portion of its budget to advertising during the following months: January - The ads will be geared toward consumers who have dry hair during winter April - The ads will showcase trial-sized bottles for travel situations July - The ads will target students leaving for college in the fall October - The ads will focus on consumers’ concerns about their appearances for holiday gatherings REGIONALITY It is most advantageous for Garnier to allocate a higher amount its budget to advertising in the West. By concentrating a large portion of the budget (40%) in this region, both frequency and reach will be increased. OVERALL MEDIA BUDGET Garnier’s overall media budget is $84,670,800, which is a 5% increase from its original budget. Garnier will concentrate the additional 5% in the West, where the CDI is high, and the BDI is low. The additional spending will increase brand awareness and lead to more sales. MEDIA SELECTION QUINTILE ANALYSIS Garnier will continue to allocate none of its budget to newspaper, radio and outdoor advertisements because females ages 18 to 34 do not use or are not exposed to any of those mediums. Garnier will not advertise during the early and late fringe television day parts for this same reason. Instead of using Internet advertisements, Garnier will improve its social media accounts, increasing interactions. No portion of the advertising budget is needed for improving social media accounts. Because Garnier is focused on brand awareness, the brand will advertise during the prime time TV day part. Research shows that Garnier’s target audience is exposed to prime time TV 29% less than the average person. However, Garnier will continue to advertise due to the wide audience that can be reached from 7 p.m. to 10 p.m. CT. Garnier’s target audience frequently reads magazines. Cosmopolitan (index of 169) and InTouch (index of 124) have high indexes for Garnier users. Garnier Fructis will maintain its advertising budget for these two magazines. Us Weekly (index of 161) and Glamour (index of 155) have high indexes for the target audience but low indexes for Garnier users. To increase Garnier’s brand awareness and market share among the Top Hair Conditioner brands, the brand will increase its advertising budget for these two magazines therefore increasing its reach. Vehicles TV Garnier has the second highest share of voice for network TV and will maintain its budget. The brand will advertise on network TV channels that appeal to the target audience during the prime time day part to take advantage of its low CPM. MAGAZINE Internet Garnier will maintain its advertising in Cosmopolitan and InTouch. Garnier will increase its magazine budget to allow more ads in Glamour and Us Weekly, which are similar to the aforementioned magazines, so that the brand can further expand its reach. Magazines allow Garnier to advertise directly to its primary and secondary target audiences and are worth the high CPM. Because Garnier’s target audience members are dedicated social media users, Garnier will improve and increase its social media presence, which will expand the brand’s reach in a cost efficient, or zero cost, way. Specifically, Garnier will interact with current and potential consumers on Instagram, Twitter, Pinterest and Facebook. budget constraints & Scheduling BUDGET CONSTRAINTS Network TV time is expensive to purchase, but it is very cost efficient due to its low CPM. Magazines are expensive to purchase and are not necessarily cost efficient due to their high CPM. However, advertising in magazines is necessary for Garnier selectively seek out its target audience. scheduling Garnier will pursue a pulsing advertising schedule. The largest influxes should be every three months, in January, April, July and October. The brand will stay fresh in the consumer’s mind, and every season the consumer will have a renewed interest without feeling bombarded by advertisements. Advertising Flow chart TV Reach Frequency GRP Cost JAN FEB MAR APR MAY JUN 80% 75% 75% 80% 75% 75% 6 4 4 6 4 480 300 300 480 300 SEP OCT NOV DEC 80% 75% 75% 80% 75% 75% 4 6 4 4 6 4 4 300 480 300 300 480 300 300 80% 75% 75% 80% 75% 75% 80% 75% 75% 80% 75% 75% 6 4 4 6 4 4 6 4 4 6 4 4 480 300 300 480 480 300 300 480 300 300 480 300 Total 4,320 4,320 3,757,485 1,252,495 1,252,495 3,757,485 1,252,495 1,252,495 3,757,485 1,252,495 1,252,495 3,757,485 1,252,495 1,252,495 25,049,900 SOCIAL MEDIA Reach Frequency GRP Cost AUG 4,929,405 1,643,135 1,643,135 4,929,405 1,643,135 1,643,135 4,929,405 1,643,135 1,643,135 4,929,405 1,643,135 1,643,135 32,862,700 MAGAZINE Reach Frequency GRP Cost JUL 80% 75% 75% 80% 75% 75% 80% 75% 75% 80% 75% 75% 6 4 4 6 4 4 6 4 4 6 4 4 480 300 300 480 300 300 480 300 300 480 300 300 4,320 0 0 0 0 0 0 0 0 0 0 0 0 0 Total GRPs 1,440 900 900 1,440 900 900 1,440 900 900 1,440 900 900 Total Cost 8,686,890 2,895,630 2,895,630 8,686,890 2,895,630 2,895,630 8,686,890 2,895,630 2,895,630 8,686,890 2,895,630 2,895,630 12,960 57,912,600 CREATIVE STRATEGY Garnier appeals to young women with its vibrant packaging and playful TV spots. Garnier will continue to portray this image with print advertisements, social media campaigns and TV spot ads. The brand will catch the eyes of new consumers by taking amplifying its current personality. The advertisements will feature young women in larger-than-life situations while they still maintain sleek and shiny hair. TV spots are essential to demostrate these engaging scenarios. A group of women swimming with sea creatures A young woman bungee jumping over a famous landmark (in the West) A young woman in a circus ring with wild animals PROMOTION STRATEGY & IMC EFFORTS For Garnier to achieve its marking objective, it will expand its target audience by taking its current happy, crazy brand image to the next level. The TV advertisements will portray more of a short story to the brand’s audience and will feature models in more ridiculous situations. The point is to not only catch the attention of new consumers but also to inspire them to live life to the fullest. Garnier will ditch its current slogan, “Take Care”, and will replace it with the phrase “Tame your hair, not your life”. This message will be continued with Garnier’s increased and fully improved social media presence by creating conversations with current and potential consumers. Garnier will ask users to Instagram with the hashtag #SleekHairDontCare and share stories of their adventures. This hashtag will also be included in TV and print advertisements, and the conversation will continue on Twitter and Facebook. Each peak of Garnier’s pulsing schedule is a period of time when adventure is most likely to be pursued. After the campaign is aired and seen in magazines, it will come naturally to users to share their stories during these periods of time. This widespread interaction between Garnier and consumers will increase reach, especially considering how weak the brand’s social media presence currently is. This ad will run in January when cold weather brings split ends. This ad will run in April before consumers take their vacations. This ad will run in October, the beginning of holiday season. TEST PLAN & EVALUATION Garnier will test its media plan to confirm that its campaign has increased reach, brand awareness and market share. Before Garnier launches the campaign nationwide, the brand’s focus will first be placed in a college town in the West. If the target audience is responsive, Garnier will use its feedback to improve the campaign for the entire country and this region. Garnier will examine social media conversations before the start of the new campaign and throughout the year, with an increased amount of focus during the peak months of its campaign. Garnier will read what people say about the brand online and analyze the extent to which they participate with the campaign (#SleekHairDontCare). Garnier’s brand awareness will continue to increase as the brand modifies aspects of the campaign to match audience sentiment. To determine that the campaign has met the marketing goal of increasing the market share, the brand will compare Garnier Sleek and Shine’s sales before and after the campaign runs. REFERENCES • Market Share Reporter [serial] {HF5415.2. M3558*2011 Vol1 & Vol2} • Simmons OneView • SimplyMap • http://www.garnierusa.com • http://www.bloom.com/garnier?___store=default • http://bizdom.blogspot.com/2010/07/brand-profile-garnier.html • http://www.scribd.com/doc/61246965/Brand-Dossier-of-Garnier-Fructis Jacqueline Elliott Paige Fenerty Anna Kalmbach Corinne Richter Lily Winnett