For example, it is not only important that the message reaches the targeted customer segment, but also if the message produced the expected results. In order to analyze the success of the message and of the product, it is recommended to take into consideration product reviews.
Gillette's website provides a section for each product where customers can post their review for these products. Customers' opinions are varied regarding the performance of Gillette ProFusion razor. In this case, the customers and their opinions can be categorized as:
Customers that like the product but consider that the price is too high for its advantages
Customers that did not like the product
Customers that like the product and consider the price as suitable for its quality
The most important category in assessing this product is represented by customers that liked the product but consider the price as being too high for the characteristics of the razor. This means that the company managed to send the message to the intended customer segments.
The opinions of customers that bought and used the product prove that the message was understood. This means that the message was clear and easy to understand. It is important to develop a clear message that does not create confusion among customers. The customers understood that Gillette ProFusion razor is supposed to be a premium product at a premium price. But some of them do not agree with the fact that this price matches the characteristics of the product.
This is not the message's fault, since the price was incorrectly established by the marketing team. In other words, if the performance of the product regarding its sales volume does not reach the established levels, it is not because of the media message, but because of the pricing strategy that was not developed in accordance with the product strategy and with the needs of customers.
Gillette developed Fusion in order to increase its sales volume and its market share. The premium product was intended to be introduced as the star of the product line. The market was prepared for this advanced product through the introduction of previous models that proved to be successful and to gain significant profits (Altaf, 2010). However, the problem was represented by the high price of the Fusion. In order to counteract this issue, the company considered that the advanced technology provided by this product and its advantages in comparison with other products would persuade customers into buying it.
The company's expectations regarding the financial performance of Fusion were quite daring. Procter & Gamble intended to reach $1 billion in sales (Chernev, 2009). In order to achieve this objective, the company developed several strategies:
Launching a new advertising campaign
Reducing the retail price of the razor
Reducing the retail price of the cartridges
Redesigning the packages
Maintaining the strategic line
Conclusions
Gillette is the leader of the razors market and most of its products reach high standards regarding their...
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