1. CURRENT MARKETING SITUATION SITUATIONAL ANALYSIS
Dove is an internationally popular brand specializing in personal care products and is owned by Unilever. The brand was created in the year 1957 to launch a new line of personal cleansing bars. The brand was later used to sell a new line of cleansers, adapted from the formula of the previous cleansing bar. The new cleansers were intended to be used on burned or damaged skins, of which there were numerous cases during that time, following the Second World War (Deighton, 2008). The cleansers marketed under the brand Dove were very innovative products at this time as the products were non-soap cleansers that could be used to eliminate skin dirt more easily than using soap. The Dove brand has grown from this over the years to be considered the world’s top brand in cleansing products today. The brand evolved from its creation to the present day, improving its image and products through intensive research and numerous marketing strategies.
STRENGTHS
· Product design
· Real marketing
· Cost-effectiveness
· Distribution channel
· A valuable addition to the HUL (Hindustan Unilever Limited) portfolio
WEAKNESSES
· Targeted solely at large urban areas
· The prices are not very competitive
OPPORTUNITIES
· Focusing more on men as a part of the target audience
· Possibilities for brand’s diversification
· An evolving market
THREATS
· Saturation of the market
· Lower popularity in less urban areas
· Potential brand imitators
Strengths
1. Product design:
The Dove brand possesses a very unique product design. The product functions both as soap and as cream, performing a dual function of cleansing and smoothing skin. This unique product design has attracted a very devoted customer base to the brand.
2. Real marketing:
Dove attempts to make the product it sells more relatable to the masses by using regular people instead of celebrities for marketing campaigns (Duffy, 2010). This has helped to create a stronger connection with the brand’s customers.
3. Cost-effectiveness:
The brand conserves a lot of money during its marketing campaigns by not engaging celebrity figures’ endorsement. This strategy saves a lot of money and does not compromise the effectiveness of the brand’s advertisements.
4. Distribution channel:
Dove also employs one of an HUL brand’s key features, mostly only in the most prominent retail chains and outlet stores. This bolsters Dove’s image as a premium product only available in select handpicked stores.
5. A valuable addition to the HUL (Hindustan Unilever Limited) portfolio:
Dove is one of the most valued brands of the HUL company. The brand ranks third on the most valued HUL brands, right behind Knorr and Lipton.
Weaknesses
1. Targeted solely at large urban areas:
As a consequence of Dove’s distribution channel, its products are mostly targeted at large urban areas such as metros. The majority of its consumption is identified in such areas.
2. The prices are not very competitive:
Dove products are considerably more expensive than that of the brand alternatives such as Cinthol and Lifebuoy.
Opportunities
1. Focusing more on men as a part of the target audience:
Dove has an opportunity to expand its customer base, and consequently its sales, by appealing to the male portion of the population. Men have become much more conscious about physical appearance in recent times, and products such as Dove offer are suited to meet this need.
2. Possibilities for brand’s diversification:
There are various opportunities for diversification in personal care, creating the possibility for new product lines and variants of a product.
3. An evolving market:
The dynamic market is changing to favour the brand. Dove has become a more accessible brand to the public in terms of prices. The more recent public investment in achieving better overall wellbeing, which includes good skin, has made Dove much more attractive as a consumer product.
Threats
1. Saturation of the market:
Numerous brands are competing with Dove, some of which are Neutrogena, Olay, and Nivea. These brands specialize in either soaps or creams and are options for customers to choose from when purchasing a skincare product.
2. Lower popularity in less urban areas:
The high selling price of Dove products limits the percentage of the population which can afford them. This restricts the sale of such products to more affluent and highly urban areas. This restriction can be more evident in...
References
Crilly, J., & Kirkham, P. (2017). 3 Strategy in practice. Building an Entrepreneurial Organisation, 36.
Deighton, J. (2008). Dove: Evolution of a brand (pp. 9-508). Harvard Business School Pub..
Duffy, B. E. (2010). Empowerment through endorsement? Polysemic meaning in Dove’s user-generated advertising. Communication, Culture & Critique, 3(1), 26-43.
Ostrow, J.W. (1982). “Setting Frequency Levels.” In Effective Frequency: The State of the Art. New York: Advertising Research Foundation, Key Issues Workshop.
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