Académique Documents
Professionnel Documents
Culture Documents
Background
16.8 million people
95.4% of the population is white-Amerindians Oral hygiene market increased 4% annually
Economy
Sector Agriculture GNP % 2.6
Fishing
Mining Manufacturing
.8
16.4 12.7
5
8 9.4
Transportation
5.8
Economy
GDP- $164,616 Million USD
Rate of Growth- 3.5% annually Average per capita income- $15,400 Distribution of wealth
Lower class -57% of population
Major Industries
Copper
Timber Iron nitrate Precious metals Hydropower
Marketing Plan
Toothpaste
Target Market
Young families
Concerned with price Bulk
Single people
Concerned with health
Product Evaluation
Advantage
Bulk Toothpaste (save money) Whitening Toothpaste (create image)
Compatibility
Fulfills cultural need Fills target market needs
Trial ability
Tested with minimal risk
Distribution
Retail
Grocery stores Gas stations
Specialty stores
Wholesalers
Radio
3 spots per day
Internet
Banner ads Company website
TV
2 spots per day
Advertising Budget
$25,800
$274,700
$394,000
Televisio n Radio
Advertising Budget
Television:
$30,000 to produce ad $500 per spot @ 2 per day= $7,000 per week x 52 weeks= $364,000 per year
Internet:
$150 per month Website maintenance x 12 months= $1,800 $2,000 per month banner ad cost x 12 months= $24,000
Radio:
Sales Promotion
Coupons
Newspaper inserts Online
Sampling
Dentists Offices Retailers
Packaging
Tubes
Health based Smaller quantity
Pumps sealed
More for less
Focused on quantity
Pricing Strategy
Estimated gross income: $18.1 million
Gross Margin ratio: 32.6% (50% markup) Large economy pump: $2.75 US or 1,480 Chilean pesos Medium economy pump: $2.15 US or 1,102 Chilean pesos
Questions or Comments?
Kristin Mol, Scott Hardin, & Gabe Delnick