Sachet marketing is an innovative strategy aimed at low-income consumers in developing economies. It involves selling products or services in affordable small portions or sizes so more buyers can access the brand. Examples include Unilever selling low-cost detergent in Brazil, a telecom selling phones to village women in Bangladesh, and financial institutions providing microloans and rural banking access. As sachet marketing grows, packaging innovations allow products to be dispensed conveniently from single-use sachets with brand advertising on the packaging. Selling in small volumes but to many customers can open new markets while still generating profits and establishing brand awareness for future growth.
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Sachet marketing is an innovative strategy aimed at low-income consumers in developing economies. It involves selling products or services in affordable small portions or sizes so more buyers can access the brand. Examples include Unilever selling low-cost detergent in Brazil, a telecom selling phones to village women in Bangladesh, and financial institutions providing microloans and rural banking access. As sachet marketing grows, packaging innovations allow products to be dispensed conveniently from single-use sachets with brand advertising on the packaging. Selling in small volumes but to many customers can open new markets while still generating profits and establishing brand awareness for future growth.
Sachet marketing is an innovative strategy aimed at low-income consumers in developing economies. It involves selling products or services in affordable small portions or sizes so more buyers can access the brand. Examples include Unilever selling low-cost detergent in Brazil, a telecom selling phones to village women in Bangladesh, and financial institutions providing microloans and rural banking access. As sachet marketing grows, packaging innovations allow products to be dispensed conveniently from single-use sachets with brand advertising on the packaging. Selling in small volumes but to many customers can open new markets while still generating profits and establishing brand awareness for future growth.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
Sachet marketing is an innovative strategy aimed at low-income consumers in developing economies. It involves selling products or services in affordable small portions or sizes so more buyers can access the brand. Examples include Unilever selling low-cost detergent in Brazil, a telecom selling phones to village women in Bangladesh, and financial institutions providing microloans and rural banking access. As sachet marketing grows, packaging innovations allow products to be dispensed conveniently from single-use sachets with brand advertising on the packaging. Selling in small volumes but to many customers can open new markets while still generating profits and establishing brand awareness for future growth.
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“SACHET MARKETING”
--A BRIEF OVERVIEW
TOPICS TO BE COVERED • INTRODUCTION • SUCCESSFUL SACHET MARKETING TRENDS • IMPLEMENTATION OF SACHET MARKETING IN FINANCIAL SECTOR • PACKAGING OF SACHETS • CONCLUSION OF SACHET MARKETING INTRODUCTION • IF roughly two-thirds of the world's population makes USD 1,500 or less per year, why try to sell them expensive, bulky goods and services originally designed for consumers who easily make twenty times as much in North America, Western Europe or Japan? To the rescue come innovative micro-selling methods, aimed at new consumers in developing mega-economies like China, India, The Philippines, Mexico and Brazil. It's all about serving up your products, services and loans in affordable portions, sachets or sizes, so that consumers get to know and like your brand. Meanwhile, you the manufacturer or service provider can still make a good profit from sheer overall volume (smaller sizes, but more buyers) SUCCESFUL SACHET MARKETING TRENDS • IN BRAZIL UNILEVER SOLD LOW COST DETERGENT ALA FOR LOW INCOME GROUP • FILIPINO TELECO PEOPLE SMART HAVE SUCCEFULLY TURNED THIER CUSTOMER INTO SALES PERSON. • GRAMEEN PHONE BANGLADESH CELL PHONE OPERATOR INTRODUCED PHONES TO VILLAGE LADY SCHEME. • MICROSOFT INTRODUCED THE XP LITE A LOW COST EDITION. • SYMANTEC LAUNCHED LOW COST EDITION OF ANTI VIRUS. IMPLEMENTATION OF SACHET MARKETING IN FINANCIAL SECTOR
• Micro finance groups like Weetu of U.K provided
micro finance to women. • India's ICICI Bank built the first rural ATM to serve micro-savers . • Citi group of india intoduced online account for small savers • Bradesco, Brazil's private bank, to set up very basic teller services in underused post offices. PACKAGING OF SACHETS
With SACHET MARKETING innovations taking off, it will
come as no surprise that the sachet itself is ready for innovation too. Check out Snap! International and Snap Pak, two companies that provide packaging of sachet products and a unique new advertising medium. The units are designed to open and dispense the product with a two-fingered snap-and-squeeze (rather than cutting or tearing). In addition to more convenience, one side of the packaging can be printed with high- resolution, photographic quality artwork. CONCLUSION • Thinking small in large volumes -- the essence of SACHET MARKETING -- yet never losing brand focus, could open up entirely new markets for many of the worlds B2C and B2B manufacturers and service providers. If your customers are willing but cash strapped, think micro loans, think mini-sizes, think leasing, think bundling, think reselling! It will make you money, and lay the foundation for brand awareness with future affluent customers. And as the microfinance and Whirlpool examples show, some of the thinking may eventually translate in innovative products for mature markets as well.