preview

Marketing Plan For A New Product

Good Essays

Whenever introducing a new product to a current market, an organization will need to prepare for challenges they may face. For this reason, Kohler will need to be smart with our promotional and advertising objectives when introducing Hygieia to the commercial and residential markets. Our objectives will focus on building awareness, creating interest, providing information, stimulating demand, and reinforcing the brand. Working with our big box retailers, we will need to work closely with channel members and our sales force to help with the execution of our promotional objectives to be effective (CITE1).
Kohler being a well-known faucet manufacture and distributor helps us to connect with current and new customers. Our first objective building awareness, is a vital part to determine if the product will be expanded to more stores outside of our test market. The first two months will be crucial, especially when we need to present to The Home Depot and Lowes during our product line review, to show the current sales performance. In this objective we will need to effectively reach out to our customers though push promotional strategies to explain to our target customers the Hygieia value.
Our second objective will need to focus on providing information that can assist with customers in the search stage when deciding to purchase a faucet for their home or business. With the Hygieia being such a unique product to the market place it will have no competitors with the same dual soap

Get Access