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When we take the case of Indian market, the local competition comes from the
indirect competitors.
PURELL
Available in two models
S-13808 which uses a foam cartridge and gives 1500 applications per cartridge.
S-19716 which uses a gel cartridge and gives 1000 applications per cartridge.
Both the variants are battery operated.
It can be wall mounted or mounted on a stand.
Spill trays are incorporated in both to catch splashes and spillage.
Both are available in 1200ml.
They take regular customer feedbacks and provides extended warranty for their
products.
R&D investments are made in the area of product design in order optimize the use
and maximise the efficiency of refills.
RUBBERMAID
Autofoam dispenser is the touch free dispenser from Rubbermaid.
Touch free system reduces cross contamination and spread of germs.
It is a wall mounted system.
The variants are AutoFoam Dispensers with the Enriched Foam Alcohol-Free Hand
Sanitizer (FG750593), Enriched Foam Alcohol Hand Sanitizer (2080802), Enriched
Foam Moisturizing Hand Soap (FG750112) or Enriched Foam Antibacterial Hand
Soap (2018595).
It is battery operated and comes with a battery life span of upto 3 years.
Boxless refills provides space advantage.
They provide lifelong warranty for the dispensers.
CRM STRATEGIES
Analyse and store the data of the customers to derive insights about their purchase
and post purchase behaviours.
Make use of CRM system like SAP.
Promote customer retention and royalty programmes.
Take feedbacks from the customers to analyse the performance.
Segment and profile the target audiences based on common characteristics while
purchasing.
R&D STRATEGIES
Since Philips have been in the field of electricals, electronics and house appliances
for long, they can make use of their expertise in designing new models of the
dispenser.
Invest on R&D to increase the efficiency by reducing spills and splashes.
Develop cartridges with longer life spans.
MARKETING MIX
PRICE
The competitors pricing ranges from four thousand and more.
Philips can make use of penetrative pricing technique in order to gain
respectful market share. The initial ROI will be low, but they can make up
for it due to the huge upsurge in demand.
This can initiate brand switching amongst customers.
PROMOTION
Television advertisements.
Health awareness campaigns.
Hoardings.
Mounting samples where people will see and use them.
PRODUCT
•They are automatic.
•Compact design ideal for tight spaces.
•Sight window to check the refill level.
•They can differ in the form of sanitizer in use. It can be either in gel, liquid or
in the form of foam.
•Available in multiple colour and finishes.
•Multiple SKUs for domestic and commercial use.
•Refill recyclability.
•Main competitors like Purell uses 70% ethyl alcoholic solution. Using a
much more concentrated solution will be more effective and give a
competitive edge to our product.
•Minimum energy consumption.
PLACE
1. Demographic
Age and gender: a product like hand sanitizer believes in mass
marketing as this product is neither age restricted nor gender
restricted.
2. Psychographic
Demand of hand sanitizer is increasing with increase in repetition
of washing hands especially in hospitals and restaurants. People
who are aware about there health and hygiene will also buy.
3.Behavioural
As important as your hands are in doing work, they also equally contribute to the
transmission of many disease-causing virus. Automated dispensers used in providing
sanitizers to workers or staff in the work place are the best option. With an automated
sanitizer dispenser in the work place, many workers are likely take the time to keep
their hands clean.
4.Geographic
Urban and semi urban areas.
During this pandemic, as the demand increased as it is used almost all over the places.
PRICE- SENSITIVE BUSINESS