Colgate
Colgate
Colgate
varieties in terms of flavor. Colgate is one of the most prominent products of Colgate Palmolive. Here in my project I have going to introduce a Colgate sensitive pro relief which is specially prepared for sensitive teeth. I have aim is to promotion and giving information about the product and also showing them demo practically. As Colgate Company believes that quality is our product, there for I have designed here product according to specific quality standards. But Colgate sensitive pro relief by Colgate Palmolive is now planning to target hyper sensitive or sensitive teeth person. It is a gums cooling toothpaste and gives instant relief and ultra softness toothpaste which is specially manufactured for sensitive teeth. The company competitive edge is best quality gums cooling paste with new pro arginine technology which contains potassium nitrate, arginine. This will distinguish Colgate product from their competitors. Colgate sensitive pro-relief toothpaste and toothbrush will be a high priced and high quality pastes and brush whose price corresponding substantially with its quality. As I know that Colgate is the market leader in oral hygiene. I will expand Colgate market with the time. The company tries to increase their net profit more than 23% of the sales by the end of 2012.
OBJECTIVE OF THE STUDY: To find out consumer response towards Colgate sensitive Pro Relief toothpaste in the area. Made an attempt to promote and increase the sales of Colgate sensitive pro relief toothpaste in the area. To study and analyze the opinion of consumer. To find out actual potential for Colgate sensitive Pro relief toothpaste in Bhandup. Scope of the study: The scope of the study revealed overall consumer response over Colgate sensitive pro relief toothpaste. That will help to study SWOT ANALYSIS and according to which necessary changes could be implied. The study carried out in Bhandup so, its scope is mainly limited to Bhandup. It gives information about how many consumers sensitivity problem has. It gives information about how many consumer using competitor`s products. It provides suggestions to company to improve their products sales.
COMPANY HISTORY: In 1806, William Colgate, himself a soap and candle maker, opened up a starch, soap and candle factory on Dutch Street in New York City under the name of "William Colgate & Company". William Colgate in 1833 suffered a severe heart attack stopping his business from selling. But after a couple of years of recovery he continued with his business. In the 1840s, the firm began selling individual cakes of soap in uniform weights. In 1857, William Colgate died and the company was reorganized as "Colgate & Company" under the management of Samuel Colgate, his son, who did not want to continue the business but thought it would be the right thing to do. In 1872, Colgate introduced Cashmere Bouquet, a perfumed soap. In 1873, the firm introduced its first toothpaste, an aromatic toothpaste sold in jars. His company sold the first toothpaste in a tube, Colgate Ribbon Dental Cream, in 1896. In 1896, Colgate hired Martin Ittner and under his direction founded one of the first applied research labs. By 1908 they initiated mass selling of toothpaste in tubes. His other son, James Boorman Colgate, was a primary trustee of Colgate University (formerly Madison University). In Milwaukee, Wisconsin, the B.J. Johnson Company was making a soap entirely of palm and olive oil, the formula of which was developed by B.J. Johnson in 1898. The soap was popular enough to rename their company after it "Palmolive". At the turn of the century Palmolive, which contained both palm and olive oils, was the world's best-selling soap.
Extensive advertising included The Palmolive Hour, a weekly radio concert program which began in 1927 and Palmolive Beauty Box Theater which ran from 1934 to 1937. A Missouri-based soap manufacturer known as Peet Brothers merged with Palmolive to become Palmolive-Peet. In 1928, Palmolive-Peet bought the Colgate Company to create the ColgatePalmolive-Peet Company. In 1953 "Peet" was dropped from the title, leaving only "Colgate-Palmolive Company", the current name. Colgate-Palmolive has long been in fierce competition with Procter & Gamble, the world's largest soap and detergent maker. P&G introduced its Tide laundry detergent shortly after World War II, and thousands of consumers turned from Colgate's soaps to the new product. Colgate lost its number one place in the toothpaste market when P&G started putting fluoride in its toothpaste. But that didn't stop Colgate. In the beginning of television, "Colgate-Palmolive" wished to compete with Procter & Gamble as a sponsor of soap operas. Although the company sponsored many shows in part, they fully sponsored the serial The Doctors. George Henry Lesch was president, CEO, and chairman of the board of ColgatePalmolive in the 1960s and 1970s, during that time transformed it into a modern company with major restructuring. In 2005, Colgate sold the under-performing brands Fab, Dynamo, Arctic Power, ABC, Cold Power and Fresh Start, as well as the license of the Ajax brand for laundry detergents in the U.S., Canada and Puerto Rico, to Phoenix Brands, LLC as part of their plan to focus on their higher margin oral, personal, and pet care products.
In 2006, Colgate-Palmolive announced the intended acquisition of Tom's of Maine, a leading maker of natural toothpaste, for US $100 million. Tom's of Maine was founded by Tom Chappell in 1970. Today, Colgate has numerous subsidiary organizations spanning 200 countries, but it is publicly listed in only two, the United States and India. In June 2007, counterfeit Colgate toothpaste imported from China was found to be contaminated with diethylene glycol, and several people in eastern U.S. reported experiencing headaches and pain after using the product. Colgate-Palmolive claims that they do not import their products from South Africa into the United States or Canada and that DEG is never and was never used in any of their products anywhere in the world. The counterfeit products were found in smaller "mom and pop" stores, dollar stores and discount stores in at least four states. For the past 33 years the Colgate Palmolive company has sponsored a non- profit track meet open to women of all ages. This event is called the Colgate women`s Games. The Colgate women`s Games is the nation`s largest amateur track series open to all girs from elementary school through college. Our goal is to provide an athletic competition that helps the participating young girls and women develop a strong sense of personal achievement and self- esteem.
COMPANY PROFILE:
Colgate Palmolive Ltd. 1937 347.188 (USD in Millions) 111160.5286158 (Rs. In millions) Colgate Research Centre, Main Street Hiranadani Gardens Powai Mumbai-400076, Maharashtra www.colgate.co.in
Management Details
Chair person - J Skala MD R D Calmeyer Directors Derrick Samuel, J K Setna, J Skala, K V Vaidyaanathan, M A Elias, P K Ghosh, R A Shah, V S Mehta
Business Operation
Background
in year 1937. In Rs 2,400 crore domestic market it enjoys 50% of markets share. It spread across 4.5 million retails outlets out of which 1.5 million are direct outlets. Financials Total Income Rs 20606.60 Million (year ending Mar 2010) Net Profit Rs 4232.60 Million (year ending Mar 2010) Company Secretary K V Vaidyanathan
The principles of governance of the Colgate Palmolive: The Board of directors is experienced, independent, and highly diverse The board aims on the key commercial priorities and the development of leadership Opening the communication between the directors and management Formulation of policies to guide good governance and integrity of the business The Board and audit committee supervises the integrity of the financial statement It is the responsibility of the Colgate Palmolive people to provide good governance With the continuous improvements the governance become better Good governance thrives from continuous improvement. The board of Directors of the Colgate Palmolive: Fabian Garcia, Chairman P. K. Gosh, Deputy Chairman R. A. Shah, Vice Chairman M. A Elias, Director
K. V. Vidyanathan, Director Vikram Singh Mehta, Director J. K. Setna, Director The management body of the Colgate Palmolive : Roger D Calmeyer, Managing Director Moses A. Elias, Executive Vice President & Chief Financial Officer Prabhaparameswaran, Vice - President Marketing K. V. vaidyanathan, Vice President, Legal & Company Secretary Debashish roy, Vice President, H. R Shekarbaratwaj, Vice President, Sales Arun kumar Pande, Vice President, I. T SuredraManek, Director, Research & Technology center COLGATE PALMOLIVE INDIA: Headquarter in Mumbai. Annual Turnover around 1100 crs. Market leaders in oral care. Colgate consistently won india no 1 brand of the year award from last three years. Colgate ranked among best employer in india. Customer base of more than 8 lacs retailers. Serviced by company field force, more than 1800 stockiest & super stockiest & their field force. Colgate is the brand that people trust, for complete oral care protection for themselves and ones they love.
GLOBAL VISION AND MISSION: GLOBAL VISION Be the innovative leader with our brands every day in every home. Our Mission Achieve market dominance in oral care through aggressive volume growth, and establish a significant presence in personal care. Cogate palmolive value. The company care about its people, consumers, shareholders and business partners. Colgate is committed to act with compassion, integrity and honesty in all situations, to listen with respect to others and to value differences. Colgate is committed to getting better every day in all that it does. By better understanding consumers and customers expectations and continuously working to innovate and improve products, services and processes. Colgate will become the best. LINES OF BUSINESS IN INDIA Oral Care Personal Care Hard Surface Care (Household Care) From the dentist
(A)Oral care: 1. Toothpastes: Colgate Dental Cream Colgate Max Fresh Colgate Active Salt Colgate Total 12 Colgate Sensitive Colgate Kids Colgate Advanced Whitening Colgate Herbal Colgate Cibaca Colgate Fresh Energy Gel
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2. Toothbrushes: Colgate Massager Colgate Navigator Plus Colgate Extra Clean Colgate Extra Clean Gum Care Colgate Sensitive Toothbrush Colgate 360 Toothbrush Colgate Zig Zag
5. Mouthwash Colgate Plax (B)PERSONAL CARE: 1. Body wash Palmolive Aroma Body wash Relaxing Palmolive Thermal Spa Body wash Firming Palmolive Aroma Body wash Vitality Palmolive Thermal Spa Body wash Massage Palmolive Naturals Moisturizing Body wash Milk & Almond Palmolive Naturals Moisturizing Body wash Milk & Honey
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2. Liquid Hand wash Palmolive Naturals Milk and Honey Hand Wash Palmolive Aroma Liquid Hand Wash Relaxing Palmolive Naturals Liquid Hand Wash Family Health 3. Hair Care Palmolive Halo Shampoo 4. Skin Care Palmolive Charmis Cream 5. Shave Preps Shave Cream
(C) HOME CARE AXION- dish washing paste (D) PROFESSIONAL ORAL CARE: 1. Gingivitis Treatment Colgate PerioGard 2. Sensitivity Treatment Colgate Sensitive Colgate Gel Kam 3. Mouth Ulcer Treatment Oragard-B 4. Specialty Cleaning Specialty Cleaning
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RESEAECH METHODOLOGY: Research Design Followed: Descriptive Research is the research method used because descriptive studies embrace a large proportion of market research. The purpose is to provide an accurate snapshot of some aspect of the market environment. Descriptive research is more rigid than exploratory research and seeks to describe users of a product, determine the proportion of the population that uses a product, or predict future demand for a product. As opposed to exploratory research, descriptive research should define questions, people surveyed, and the method of analysis prior to beginning data collection. In other words, who, what, where, when, why, and how aspects of the research should be defined. Descriptive & diagnostic Market Research:
The focus of descriptive research is to provide an accurate description for something that is occurring. For example, which group is buying a particular brand, a products market share within a certain industry, how many competitors a company faces, etc. This type of research is by far the most popular form of market research. It is used extensively when the research purpose is to explain, monitor and test hypotheses,
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and can also be used to a lesser extent to help make predictions and for discovery. Marketers routinely conduct basic descriptive research using informal means. For instance, the head of marketing of Colgate Company may email a retailer to see how the products are selling. But informal descriptive research, while widely undertaken, often fails to meet the tests of research validity and reliability and, consequently, the information should not be used as an important component in marketing decisions. Rather, to be useful, descriptive research must be conducted in a way that adheres to a strict set of research requirements to capture relevant results. This often means that care must be taken to develop a structured research plan. Under most circumstances this requires researchers have a good grasp of research methods including knowledge of data analysis. Conclusive Research Conclusive studies attempts to determine the frequency with which something occurs or the relationship between two phenomenons. Usually conclusive studies assume certain under underlying characteristics of the market or have some precise statement of research questions/hypothesis.
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Research Instrument Used If one wants to know what type of dentifrice people use, what they think of, television commercials, or why they buy particular brands of cars, the natural procedure is to ask them. Thus, the questionnaire method has come to be the more widely used of the two data collection method. Many consumers are now familiar with the telephone caller who greets them with we are making a survey, and then proceeds to ask a series of questions. Some interviews are conducted in person, others by telephone, and others by mail. Each of these has its special advantages and disadvantages and limitations. The questionnaire method in general, however, has a number of pervasive advantages and disadvantages. Discussion of particular variations will be more meaningful if these characteristics of the general methods are brought out first.
A questionnaire consists of list of questions to be asked from the respondents and the space provided to record the answer / responses. Questionnaire can be used for the personal interviews, focus groups, mails and telephonic interviews. The choice among these alternatives is largely determined by the type of information to be obtained and by the type of respondents from whom it is to be obtained. The common factor in all varieties of the questionnaire method is this reliance on verbal responses to question, written or oral. Questionnaire in the research consists of: Multiple Choice Questions Open End Questions Dicthomus
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1.
Multiple Choice Questions: Questions of this type offer the respondents an alternative to choose the right answer among others. It is faster, time saving and less biased. It also simplifies the tabulating process.
2.
Open end Questions: In this type respondents are free to answer in their own words and express the ideas they think are relevant, such questions are good as first questions or opening questions. They introduce the subject and obtain general reaction.
3.
Dicthomus: These are the questions which are boolean in nature. These answers are straightforward and respondents have to answer them in a straight way. That means the answer can only be either yes or no.
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Sample design is a definite plan of obtaining some items from the whole population. The sample design used in this research is two state sampling i.e. cluster and convenience. In the probability sampling methods, each items in the sample is chosen one at a time from a complete list of universe elements. In marketing research practice, it will sometimes be more expedient to select clusters or groups of universe elements, rather than to choose sample items individually.
Sampling methods in which universe elements are chosen in groups rather than individually are called cluster-sampling methods. They are widely used in the sampling of human populations. When no complete universe listing exists, a type of sampling is called area sampling may be the only practically feasible form of probability sampling.
The non structured techniques for attitude measurement are primarily of value in exploratory studies, where the researcher is looking for the salient attributes of given products and the important factors surrounding purchase decisions as seen by the consumer. Structured techniques can provide a more objective measurement system, one which is more comparable to a scale or a yardstick. The term scaling has been applied to the efforts to measure attitudes objectively, and a number of useful scales have been developed.
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Sampling Methods Sample design is a definite plan of obtaining some items from the whole population. The sample design used in this research is two state sampling i.e. cluster sampling and convenience sampling. The whole city was divided into some geographical areas and research has chosen total sample size was 50.
1. Cluster Sampling
Here the whole area is divided into some geographical area and a definite number of consumers and retailers were to be surveyed.
2. Convenience Sampling
This type of sampling is chosen purely on the basis of convenience and according to convenience. Researcher visited bus stands, milk parlors, gardens, etc.
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Sampling Design: Population: In statistical usage the term population is applied to any finite or infinite collection of individuals. Population means the aggregate of element from which a sample is to be drawn, in the case of this project it covers walk in customers in easyday at Magnet mall for the survey and it is a Non-Probability Sampling. Sampling Unit: It means whom to be surveyed. In this project, samples were taken from different types of customer as children, young, old, etc form Thane city which randomly selected. Here sampling unit is a General public of toothpaste user. Sample size: During the project 3000 numbers of customers were interviewed as a sample size. Sampling Technique: Random sampling technique has been used to select the sample. A Simple random sample is a group of subjects chosen from a larger group (population). Each subject from the population is chosen randomly and entirely by chance, such that each subject has the same probability of being chosen at any stage during the sampling process. Sampling errors: There were no such issues or error in sampling as everyone was keen to know about their sensitivity. Source and method of data collection: Direct interview through questionnaire
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a.
b.
Questions were asked to respondents as regards to their willingness to purchase of tooth paste.
c.
The help of questionnaires conducted direct interviews, in order to get accurate information.
d.
In order to get correct information Researcher had to approach consumers ranging From 15 yrs to 65 yrs.
e.
Researcher visited as many respondents as Researcher can and asked them their real likings of customer.
f.
It is really a herculean task to understand consumer behavior, as the definition suggest, consumer behavior is a physical activity as well as decision process individual engaged in when evaluating, acquiring, using and disposing goods and services.
g.
In order to collect accurate information Researcher visited to garden, parks, colleges, superstores, retailers and each and every question was filled
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In this study the primary data collection method have been used to collect data. Now let us see about the primary data collection method
Primary Data Collection Primary data are those which are collected a fresh and for the first time and thus happen to be original in character. Primary data collection is nothing but the data that is directly collected from the people by the researcher himself. Primary data may pertain to demographic / socio economic characteristics or the customers, altitudes and opinions of people, their awareness and knowledge and other similar aspects. In this study Primary Data collection method has helped the researcher to a great extent in arriving at the results.
There are three methods of collecting Primary data 1. Survey 2. Observation 3. Experiments Among these, the method adopted for the study was Survey Method.
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Survey Method
Survey method is the systematic gathering of data from the respondents survey is the most commonly used method of primary data this is widely used because of its
The main purpose of survey is facilitate understanding or enable prediction of some aspects of the population being surveyed
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Questionnaire Design The required information was collected through a well-structured questionnaire.
The structured questionnaire of this study included the following a) Closed ended question b) Open ended question
a) Closed Ended Question In this type both questions and its respective answers are arranged in a structured pattern. This includes i) ii) Rating Scale Dichotomous Questions
i)
Rating Scale These type of question helps to rate the customer perception.
ii)
Dichotomous Question Dichotomous Question allows for only two possible answers yes and no.
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DATA ANALYSIS AND INTERPRETATION: On the basis of questionnaire we have analyzed the response of Retailers & Dentist where the questionnaire was filled up by the Dentist and retailers had tried to put analysis in graphical form. Q.1 Are you aware about the Colgate Sensitive? (A) Yes 30% (B) No 70%
Kind of awereness
Yes 30% No 70%
Graph 1: Showing the awareness of customer towards Colgate Sensitive INTERPRETATION The above table analysis the awareness of customers towards Colgate sensitive, where in 30% of the respondents are aware of it and 70% are not aware of this product. Awareness of Colgate sensitive is very low in market of Bhandup.
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Q. 2. What make you to buy that brand? a) Quality b) Brand c) Availability d) Price
60% 50% 40% 30% 20% 10% 0% Quality Brand Availability Price
Preferance to buy
Graph 2: Shows buying decision factor of Colgate sensitive. INTERPRETATION The above table analysis shows the decision making factor for the customers to buy toothpaste. Most of the customers go according to the quality 55% of the respondents cannot compromise with the quality. 15% take the product which is easily available, where as 20% looks at the brand and 10% are conscious about the price.
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Q.3. Which is the brand that retailers offer to customers? (A) Colgate Sensitive (C) Emoform (E) Sensoform (B) Sensodent (D) Thermokind (F) Other
Graph 3: INTERPRETATION The above table analysis shows the Retailers brand preference in selling toothpaste to customer. Most of the customers go according to the brand, they sell Emoform to 35% of the respondents. Colgate-sensitive to 15% of the respondents. And rest at different percentage to the respondent.
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Q.4 Whether advertisement plays a very vital role in developing the brand? Customer opinion YES NO No. of Respondents 79 21
Role of Advertisement
80% 60% 40% 20% 0% Yes No Role of Advertisement
Graph 5: Shows role of advertisement in developing a brand. INTERPRETATION The above table analysis the affect of advertisement in developing the brand, where 79% of the respondents are agreed that advertisement is necessary in developing the brand, whereas 21% of the respondents do not think that the product needs advertisement.
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Q.5 Does the company need advertisement to promote Colgate sensitive? Customer opinion YES NO No. of Respondents 72 28
Graph 5: Shows need of advertisement for promoting Colgate sensitive. INTERPRETATION The above table analysis the need of advertisement for promoting tooth paste and toothbrush, where 72% says that the product needs advertisement for promotion and 28% of the respondents do not think that the product needs any advertisement.
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Q.6 Medicated Tooth Paste Available in chemist shops: (A) Colgate Sensitive (C) Emoform (E) Sensoform (F) Other (B) Sensodent (D) Thermokind (F) Vocco
6% 16% 15%
10%
14% 19%
21%
Graph 6: - Shows share of different medicated toothpaste in Bhandup. INTERPRETATION In Bhandup Thermo seal and Sensodent has good command over market. Colgate has brand image as normal toothpaste not as medicated Toothpaste.
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Q.7 Tooth Brush Available in chemist shops: (A) Oral-B (C) Pepsodent (B) Colgate Sensitive (D) Other
Graph 7:- Shows share of different medicated toothbrush in Bhandup. INTERPRETATION In case of toothbrush oral-B has very good command over market. Colgate sensitive toothbrush is also doing well in Bhandup market.
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Q.8 Which Brand is prescribed by the doctors. (A) Colgate Sensitive (C) Emoform (E) Sensoform (F) Other (B) Sensodent (D) Thermokind (F) Vocco
DOCTOR PRESCRIPTION
THEROMSEAL COLGATE SENSITIVE OTHERS THRMOKIND EMOFORM SENSODENT SENSOFORM
10% 5% 15%
5%
5% 30%
30%
Graph 8: INTERPRETATION Doctor prescription is more for Thermo seal and Thermokind. In case of Colgate sensitive it is very low i.e. 5% only. This is one of the strong reasons behind failure of Colgate sensitive
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Q.9 How many Consumers are satisfied with the brand Colgate-Sensitive. (A) Satisfied (B) Unsatisfied
CONSUMER SATISFICATION
90% 80% 70% 60% 50% 40% 30% 20% 10% 0% SATISFIED UNSATISFIED PASTE SATISFIED UNSATISFIED BRUSH Series1
Graph 9: INTERPRETATION A consumer satisfaction in case of toothpaste is very low, where in case of toothbrush it is very high.
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Q.10 How many peoples are aware of the utility of Colgate-Sensitive. (A) Aware (B) Unaware
Graph 10: INTERPRETATION In semi urban areas like Bhandup awareness regarding oral care is less, which affects the performance of medicated toothpaste and toothbrush.
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Q.11 What was the response of the retailers for our product? (A) Convince (B) Not-Convince
RETAILERS RESPONSE
Convince Not-Convince
25%
75%
Graph 11: INTERPRETATION Most of the retailers convince about the quality of Colgate sensitive. This good response will definitely help the brand in market.
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FINDINGS :Retailers Perception The retailers have always given the feedback as consumers often buy the medicated tooth pastes only after the recommendation of a dentist. Example Thermoseal. They cannot convince the consumers to buy a different product even after it is associated with Colgate. Colgate as a brand has created an image of a normal toothpaste and not as a medicated toothpaste. Brand awareness with respect to its competitors Colgate Sensitive has low brand awareness as most of the customers purchase the tooth paste on the recommendation of the dentists and currently not doing well in the market as it is often seen as a normal toothpaste. Distribution Channel The product is dispatched from the company to Depot in Bhandup from which it is transferred to regional Stockiest which distribute them to retailers (Medical Stores) and then it brought by consumers. While working we made details of the feedback given to us by the retailers as well as the distributors. This feedback helped us basically to understand what are the problems faced by them and what are the actions which the organization could possibly take on them. The problems faced by them are mentioned below: During the survey it was found that still there are 80% people who have not tasted Colgate sensitive. Lake of Awareness in consumers. Many people are not known about Colgate sensitive.
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When we interviewed people then many of the people cannot recall Colgate sensitive advertisement. It shows Lake of Advertisement or advertisement is not timely given or advertisement is not given on right time. There is lack of Sales Promotional Activities i.e. free sample.
Problems of Distributor: Salesmen are not readily available. Its very difficult for them to arrange a new salesman if old one leaves job. Stocks are being purposely dumped by the organization. Availability of stock.
Problems of Retailers: Margins provided to them are not sufficient. Distributors most the times dont provide service in time, in return they have to face loses. Distributors show their monopoly. Schemes are rarely provided to them. Replacements are hardly provided to them.
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CONCLUSION Since Colgate Company is well established in the market and its products have high demand in the market taking an undue advantage of this the distributors create monopoly in the market. Considering this point the separation of Colgate Sensitive as a separate business line in the market is really good as it breaks the monopoly of the well settled distributors in the market and this has helped us to understand the actual functioning of an organization as we were a part of it. The retailers if given good range of margin will also help in increasing the sales of the products to some extent as at a certain level the retailers do control the sales of the products in the retail market. The survey resulted into following conclusions: Colgate must come up with new promotional activities such that people become aware about Colgate Sensitive. Quality is the dominating aspect which influences consumer to purchase Colgate product, but prompt availability of other brands and aggressive promotional activities by others influences the consumer towards them and also leads to increase sales. In comparison to Colgate sensitive, the other players such as thermo seal, Sensodent, oral-B provides a better availability and give competition to the hilt. People are mostly satisfied with the overall quality of Colgate sensitive brush but for the existence in the medicated toothpaste market Colgate has to use aggressive selling techniques.
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SUGGESTIONS Working with the organization gave me good knowledge of the retail market and marketing of F.M.C.G. products. One of the most important things which came to my notice is that to some extent retailers do control the amount of sales of the products. We also found that some of the marketing methods need to be changed like some distributors create monopoly which needs to be controlled immediately. Below are some of our suggestions which we would like to suggest to the organization: 1. Company should take care that the promotional schemes which are introduced by them for retailers are reaching them; there have been many cases where most of the distributors dont provide schemes to the retailers and thus retailers are at loss and eventually they start reducing the purchase of Colgate products which directly affects the sales of company. This matter should be taken seriously by the company and should be worked upon immediately. 2. In order to maintain and increase the sales in the city of Bhandup, the following recommendations regarding Colgate sensitive; particularly regarding advertisement, distribution, promotional policies, etc, are hereby suggested. a. First and foremost improve service. b. Company should launch Colgate sensitive toothpaste in new attractive packing to change image of Colgate sensitive toothpaste in consumers mind. Colgate should take proper action in order to
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c. Company should introduce sales promotion schemes. d. Company should launch Colgate sensitive toothpaste in new flavors. 3. The company can appoint a separate sales executive for these customers. The sales executive will directly contact these medicals and provide them the products and he will also handle the post-sale services. The reason for this is some of these medicals face problems as the distributors in their area create monopoly thus directly affecting the sales of the company. 4. Establish good relationship with dentist because the source of demand for medicated paste is dentist. 5. Conduct the awareness campaign of Colgate sensitive. 6. Improve the distribution network. 7. Small pack of Colgate sensitive should be provided for rural market. 8. Adopt aggressive marketing strategy for Colgate sensitive brand. 9. Do more publicity of the brand. 10.Can come up with different flavors as per the need and demand of the customers
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