Gillette Shaving Marketing Plan Argentina!!! This project introducing Gillette shaving Argentina Market. We a group a huge project Market Analysis Plan Argentina Specific.
MARKET ANALYSIS
Marketing refers to the concept of identifying, anticipating, and implementing a plan that satisfies consumer demand for a particular product or service. The essence of marketing is to ensure that a product being offered in the market gains enough popularity and acceptance by customers to make profits . The two main aspects of a marketing plan are to identify customer needs, requirements, and formulation of a stipulated matrix that shows how such demand will be met and over what period of time. Marketing analysis is therefore the process where the necessary conditions for a marketing decision to be made are explored. The aspects of decision making include gathering and recording the necessary information about the market, the product, consumers and competition in a logical and strategic way.
Analysis
From the conducted audit of the Argentina market, some fascinating facts surface on the marketing planning for the region. This paper is going to focus on the various marketing aspects identified in the audit and how they relate to the formulation and implementation of a marketing plan. The main purpose of a Marketing plan is to help assess how well an organization is doing in its markets, establish marketing objectives to be achieved in the markets, and ensure that the company knows their strengths and weaknesses in where the company operates. Focusing in the analysis of the marketing plan including financial data will be the main focus. It will help consider the following. 1)management and costing functions, 2)product data where the focus is on research and development, 3)sales and distribution data where the focus is on distribution, sales, packaging, and distribution. The other aspects to explore are market data, miscellany and finally advertising.
Marketing Analysis of Country Demographics
The demographics of Argentina show a growth rate of 0.95% from the current statistics and these shows that there is comparatively an increase in the market that is open for business. The life expectancy rate is placed at between 74-80, which is an indicator that there are well aligned and expanded health care facilities in the country and the standards of living in the country are raised. In a country where the living standards and life expectancy is high, the introduction of any product has to be in conformance with the levels of living and facilities within the country (Kotler, Phillip, & Armstrong, 2012).
In Argentina, from the audit statistics presented, the majority of the population is below 45 years of age. This implies that the purchasing power of the country is high because of the productivity of the majority of the population. Holding the dependency level is low, and then it is obvious that there will be a high level of economic growth due to the high number of activities that the people below the age of 45 years are carrying out in the country. Also, further statistics show that the quality of life index from the 2014 statistics shows that in Argentina, the quality of life is 81.12%. In the introduction of a new product therefore, it is important to make considerations on the quality and price of the product. It is more likely that in a country where the quality of life is above 75%, then the population there is ready to pay higher prices, but only with the guarantee of high quality products (Argentina Country Study Guide, 2003; Kotler et al., 2012).
An analysis of health status and the causes of death in Argentina show that the main cause of death in the country is influenza, pneumonia, stroke and heart disease. While introducing Gillette, it is important to factor all environmental considerations that come with the use and disposal of the product. In the country apparently, most of the population is aware of the health hazards that the country is faced with and they can work it out to ensure that everyone is proactive of the known. While introducing Gillette here, the marketing plan should give an assurance to the people that the product is environmentally safe in both use and disposal. This will make the product more adaptable and acceptable by the target market in Argentina (Kotler et al., 2012).
Micro and Macro economic factors
The micro economic factors that are viable in Argentina can commutative be referred to as the marketing mix. These factors are usually dependent on the firm's specific overall strategies, and they ought to be clear, focused, realistic,...
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