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Product Success and Failure

This document discusses several successful and failed products. It provides examples of factors that contribute to product success, such as clear targeting, positioning, and competitive advantages. It also examines reasons for product failures like poor market estimation, incorrect positioning, ineffective promotion, and ignoring research findings. Specific successful products highlighted include Maruti Swift, Parx, Nokia N-series, Tata Docomo, Surf Excel, Parachute, and Gillette. Examples of failed products mentioned are New Coke, Microsoft TV, Colgate Kitchen Entrees, and Harley Davidson perfume.
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0% found this document useful (0 votes)
152 views42 pages

Product Success and Failure

This document discusses several successful and failed products. It provides examples of factors that contribute to product success, such as clear targeting, positioning, and competitive advantages. It also examines reasons for product failures like poor market estimation, incorrect positioning, ineffective promotion, and ignoring research findings. Specific successful products highlighted include Maruti Swift, Parx, Nokia N-series, Tata Docomo, Surf Excel, Parachute, and Gillette. Examples of failed products mentioned are New Coke, Microsoft TV, Colgate Kitchen Entrees, and Harley Davidson perfume.
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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presented by

Nissar.b
S3.MBA
IMT

PRODUCT SUCCESS AND


FAILURE
product

 In marketing, a product is anything that can


be offered to a market that might satisfy a
want or need.
 In retailing, products are called merchandise.
 In manufacturing, products are purchased
as raw materials and sold as finished goods.  
Product success

 When an organization introduces a product


into a market they must ask themselves a
number of questions.
 Who is the product aimed at?
 What benefit will they expect?
 How do they plan to position the product
within the market?
 What competitive advantage will the product
offer over their competitors?
 ‘Marketing is not about providing products
or services it is essentially about providing
changing benefits to the changing needs and
demands of the customer’
 Kotler suggested that a product should be viewed in three levels.
 Level 1: Core Product. What is the core benefit your product
offers?. Customers who purchase a camera are buying more then
just a camera they are purchasing memories.
 Level 2 Actual Product: All cameras capture memories. The aim is
to ensure that your potential customers purchase your one.
 The strategy at this level involves organizations branding, adding
features and benefits to ensure that their product offers a
differential advantage from their competitors.
 Level 3: Augmented product: What additional non-tangible
benefits can you offer?
 Competition at this level is based around after sales service,
warranties, delivery and so on.
 When placing a product within a market many
factors and decisions have to be taken into
consideration. These include:
 Product design – Will the design be the selling point
for the organization as we have seen with the iMAC, 
the new VW Beetle or the Dyson vacuum cleaner.
 Product quality: Quality has to consistent with other
elements of the marketing mix. A premium based
pricing strategy has to reflect the quality a product
offers.
 Product features: What features will you add
that may increase the benefit offered to your
target market?
 Will the organization use a discriminatory
pricing policy for offering these additional
benefits?
 BRANDING.
Product failures
 High level of executive push of an idea that doesn’t fit
the targeted market.
 Over estimated market size
 Incorrectly positioned product
 Ineffective promotion(e.g.: packaging etc)
 Incorrectly priced
 Poor timing of distributions
 Key channel partners were not informed or involved, or
both
 Conducting marketing research and ignored those
findings etc…
Some successful products

 Maruti swift
 “the all new maruti swift is fully loaded with a
range of exciting new features. It’s a perfect
complement to your evolved lifestyles and
tastes. and the best way to take your driving
pleasure to a brand new high”.
 The pricing of the maruti swift is
comparatively low compared to
competitors(hyundai)
 They are giving an value based offering to
customer.
 Car of the year 2009
advertisement

YouTube - Swift New Advertisement.mp4


PARX
 Parx is a premium casual lifestyle brand, which is
positioned to cater to the needs of consumers
who are looking for dressing up for life across
occasions and events.
 Parx reflects the persona of the energetic 22-30
year old who is aggressive, outgoing, dynamic
and lives his life to the fullest. Parx reflects the
pulse of the new generation which looks at
clothing as a reflection of their attitude and
vibrancy.
 Parx has been the preferred choice of brand
in the causal wear segment with continuous
innovations and international trends and
styling.
 It is positioned to meet the consumer needs
for "beyond work" requirements and this has
been addressed through categories
like Urban, Sport, Excursion and Club.
 Distribution is through the following
channels: Exclusive Parx brand stores, which
are company-owned and operated.
 There are currently 13 exclusive stores and a
few more to be added by the end of this year.
  Parx’s exclusive brand stores are directed
toward delighting the customer with high
standards of service and providing an unique
shopping experience.
NOKIA N-series
 Customer satisfaction
  Customer perception
 Making satisfactory progress
 Enhanced product portfolio
 Increased distribution channel
 Focused on replacement
 Increase commitment to emerging market
 Aggressive pricing etc.
 AIDA in nokia(attraction,interest,desire,action)
TATA DOCOMO
 It’s from Tata teleservices ltd.
 First mobile service provider to have second
pulse tariff.
 Brand image of Tata.
 Large variety of plans and affordable to all
class people.
 Tata docomo having a good quality network
which provide high voice clarity
 Good range of channel of communication. as
Tata already exist in this field as Tata indicom.
 Following distinctive style of advertisement
in TV's and newspaper.
tat.wng.mp4
SURF EXCEL
 HUIL introduced surf in 1959
 Wide variants
 changes from rational appeal messages to emotional
appeal messages
 Offers and schemes
 Strong distribution channel.
 Innovative ad approaches
 Price quantity and variety
 Unique selling points
 Success of slogan “stains are good”
 CSR of the organization
PARACHUTE
 Parachute is premium edible grade coconut oil, a
market leader in its category.
  Synonymous with pure coconut oil in the market,
Parachute is positioned on the platform of purity.
 The quality of the product has contributed to its
lasting success
 The consistency, with which Parachute has
delivered, ensures consumer loyalty and trust in
the brand.
 Innovations in the packaging whether from the aspect of
user-friendliness or aesthetics have and continue to help
Parachute grow.

 Some of the examples of innovation for Parachute are:


  Flip Top Cap for Parachute bottles to enhance the safety and
protect the purity of oil.  

 Easy Jar of Parachute to facilitate usage especially during


winters.  
 Parachute Mini - a bottle shaped small pack being sold at an
MRP of Re. 1  
 20 ml Parachute - a Rs 5 SKU that enables loose oil users to
upgrade to Parachute
GILLETTE

 First to introduce shaving gel in Indian market


 Packaging is an competitive advantage for Gillette
 Their products in premium category.
 Powerful distribution using distributors and
franchisees
 Extensive promotion for their products in Indian
as well as world market.
 Roger federrer,Tiger woods, David bechkam&
Thierry Henry are world ambassadors called as
Gillette champions.
BATA

 75+age old footwear brand


 Positioning in fashion footwear segment with
a huge range of trendy foot wear
 Focusing on customer satisfaction
 Expanding it’s retail footprints in major
metro’s and big cities
 Reaching rural through dealers
 Their competency is a large showroom space
 Focus on product design
 Range of offering in every market segment
and in every occasion
 Targeting for family as whole
 Installation of “point of sale ” software's in all
outlets
 Better brand image.
COCOCOLA
 Strong brand name
 Local marketing strategies
 Innovative packing
 Size and flavor variants
 Prices vary in each season
 Eye catching positions of cococola
 Lot of sales promotions
 All types of advertisements
 Brand ambassadors
ADIDAS
 Youth oriented designs
 Innovative advertisement campaigns
 Strong brand name and brand loyalty
 Attracting outlets
 Danny cipriani brand ambassador(David beck
ham)
Some successful products

 Bajaj pulsar
 Reebok
 Nike
 Lee cooper
 Sparx
 Dh shirts and trousers
 Raymond's etc
Some failed products

 NEW COKE
 New coke last only for 79 days.
 “we didn’t understand the deep emotions of
so many our customers for coco cola” Donald
r. Keogh (president)
 Different from original brand taste.
 Before launched new coke they had invested
us$4,000,000 in market research and
undertook 200,000 blind taste tests.
 They had focused on the product ,not brand.
 Neglected emotional value
 MICROSOFT TV
 WebTV (now MSN TV) offered consumers Internet connection via their
television sets in the mid-1990s.
 A Cable World article by Andrea Figler describes it this way: The service
grew quickly at first, attracting mainstream users that typically shied
away from technology.
 But to Web TV's dismay, they became the dreaded consumer: a
customer who failed to produce new revenue streams but insisted on
creating expensive customer service problems.
 So Microsoft which bought WebTV in 1997, scrapped the brand. It never
passed the one-million-subscriber mark. 
Colgate kitchen entrees
 The Brand Failures blog explains: In what must be one
of the most bizarre brand extensions ever Colgate
decided to use its name on a range of food products
called Colgate's Kitchen Entrees.
 Needless to say, the products did not take off and never
left U.S. soil.
 The idea must have been that consumers would eat
their Colgate meal, then brush their teeth with Colgate
toothpaste.
 The trouble was that for most people the name Colgate
does not exactly get their taste buds tingling.
Harley Davidson perfume
 Harley-Davidson fans are known as very loyal
customers. However, even the beloved motorcycle
brand can go too far.
 T-shirts and cigarette lighters were one thing, but
when the company started to make aftershave and
perfume, fans were not impressed. As the saying
goes, less is more, and Harley-Davidson had spread
itself too thin. Or maybe people just weren't too
keen on the idea of smelling like a motorcycle.
Some important failed products

 Smith and wesson mountain bikes


 Cosmopolitan yogurt
 Life savers soda
 Coors rocky mountain spring water
 Cocaine energy drink (red bull)
 Apple Newton
 Delorean car
 Kellogg's breakfast mate
 Pepsi am & crystal pepsi
 Rj reynolds smokeless cigarettes

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