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Gillette shaving products marketing plan for Argentina

~11 min read 8 sections Marketing
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Essay 2,012 words

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.

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, quantified and agreed. Statements need to be clear off any ambiguity and easy to understand by anyone who is bound by their requirements. The expected outcome of each particular activity should, to some extend, be quantifiable so that results can be measured and monitored periodically and throughout the implementation process. It is also important to make sure that the process and the target for the market is achievable .

From the conducted audit, service industry is portraying the greatest growth in the economy by the World Bank statistics through a percentage of 61%, followed by industry sector with 29% and finally the agricultural sector with 9.3%. In the marketing planning, it is key to note that the introduction of produce, Gillette will be a contributor to the industry and the product market which is the second greatest income earner for Argentina. Being a main income earner, the implication is that there is a number of players in that market hence competition is tight and the marketing plan should address the possibility of failure of the product at the introduction.

Geographic factors and how they shape the culture

Argentina is in South America and the country resembles the head of a bull with its pendant shape. Argentina is bordered by the South Atlantic Ocean and this makes it ideal for fishing industries and sea ports. The two main climates experienced in Argentina is the temperate climate in the southeast and subantarctic in the southwest region of the country. These two forms of climate are very much related to the growth of hair in a human body and also mean that the product in question, one that should assist human's clear hair from their bodies is well placed to be in the region.

In a temperate climate, the heat levels are varied and this means that demand for the product will be varied over a range of different periods. Also, it is important to indicate that the region will be highly susceptible to growth and keeping hair in the human body and this makes it cumulatively a need for a marketing plan that establishes the apprehensiveness of the region and also allows for the people to take it upon themselves and give the country they're all in the purchase and use of the product. This will be by entrenching in the marketing and promortion activities the different behaviours and cultures of the people of Argentina.

This incorporation will create an identity to the product and increase its market presence and ease of adoption by the population (Gannon & Martin, 2004). The proposed marketing through media will be by incorporating different cultures to blend with a shaving tradition and the climatic conditions in Argentina.

Argentina as an economic entity displays a significant potential to embrace economic shocks and wave through. It is observed that the resource with the countrys spurse endownemnets allow for the contry to sufficiantlty sustain and achieve dynamic growth figures. This gives a sence of econommic security to willing investors. The ability of an econonomic entity to respond quickly and recover from economic shock is desirable. It also indicates that the economy is stable to facilitate innitiation of a venture and sustainingteh venture. Although Argentina is separated from the rest of the world, it has ability to reach out to other countries through exports. The ability of Argentina to sustain its trade with other countries supports the country's economic status as well as the income of the residents in Argentina. This will also support Gillettes venture to introduce thier brand in Argentina.

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Significant Historical Factors shaping the culture and discussion

There are various historical trends that shape the culture of people in Argentina. Considering the emmidiate post collonial Era, Argentina come out as a relatively divided country. The social cohesion seen in the country today was missing back then owing to a political divide between proponents of a federal and unitary form of governemnt. After a long period of struggle for control over the resource in the land a new breed of citizens comprising of indegeneous and imigrant was borne (Argentina Country Study Guide, 2003). The educational system contributed to the creation of social groups within the nation. The observed cultures in Argentina have a resssemblance of the global culture. This makes the country unique as well as creating a social bond of identity.

Recently, Argentina was the top of the beef consumer in the world a trend that has changed with the changes in price of beef. The country is also ranked well among countries that are most social and spends most of the time on social media apps. This is an added advantage to the introduction of a new product to the market in the sense that social media can be used as the advertising platform and the reach for the adverts will apparently have the largest and the most reaching effect to the citizens of the country. It is also important in the marketing plan to note that Argentina consumer demand is highly dependent on prices of goods and services, and this implies that while introducing a new product or service, then it is keen to ensure that there are accurate and acceptable pricing decisions so that the growth is constant and progressive and development is withstanding.

The economic relevance gained by Argentina is as a result of the migration during the 19th century. The migration contributed to the highly divese character of the people of Argentina compared to that of Latin America. The predominant European culture and the mix of indian way of life, has contributed greatly to the enterprenural attituted seen in the present day Argentina.

Political and Legal Factors that shapes the marketplace

Just like any other country, there are some economic and legal impositions that affect the operation of business in Argentina. Since there is a sense of political stability in the country the atmospher of setting up business is allowing to the venture proposed by Gillette. There are few restictions in the coutry's legal systems restricting operations by a forien company (Luther, 2001). This condition in not only allowing but also enabling to promote introduction of a new product in the market. The marketing venture by Gillette is one that will face limited challanges as far as the political, legal and social plattform are concerned.

It is the duty of the marketing plan being chosen and the resultant activities of the marketing plan that there be a residual manner in which the tariffs, quotas and legal requirements of carrying out business are well highlighted to ensure that foreign operations are not restricting the opening up and expansion of businesses in Argentina.

Peron as a leader in the history of Argentina remains a dominat figure in the tradition and charater of Argentina. In his time as a president Peron managed to bring the people of Argentina together and social welfare programs. The social policies were highly opposed by the business class and those in favors of capitalism. Great opoosition followed after his wife who was more popular died. In the era of Peron's socialism, it was observed that his policies were not sustainable economically. The high preference for a capitalist nation and the attempt at socialism serves to assure willing investors confidence in Argentina's economic status.

Infrastructure

While developing a marketing plan for Gillette, it is important to ensure that first there is an efficient infrastructure investment put in place. This means that while introducing the product, the marketing plan should address the requirements that will place the product at par with other products in the market and will also make the appearance of the

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Marketing Analysis of Country Demographics395 words
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…
References
4 sources cited in this paper
  • Gannon, & Martin. (2004). Understanding Global Cultures: Metaphorical Journeys Through 28 Nations. Califonia Sage Publications.
  • Glazer, E. (2012). A David and Gillette Story Technology and a Viral Video Are Arming the Tiny Dollar Shave Club for Battle in the Razor Wars. Retrieved May 9th 2014, from http://online.wsj.com/article/SB10001424052702303624004577338103789934144.html ↗
  • Kotler, Phillip, & Armstrong, G. (2012). Principles of Marketing. New Jersey: Pearson.
  • WYSK. (2011). Pit Stop: A Quick History of Women & Shaving: Women You Should Know. Retrieved May 9th, 2014, from http://www.womenyoushouldknow.net/pit-stop-a-quick-history-of-women-shaving ↗
Key Concepts in This Paper
Gillette shaving products Argentina market marketing plan market analysis consumer demographics product positioning competitive strategy
Cite This Paper
PaperDue. (2014). Gillette shaving products marketing plan for Argentina. PaperDue. https://www.paperdue.com/essay/marketing-and-promotion-venture-for-gillette-189067

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