Question
Question 2: Olivier Creed (Creed Perfumes) are going to launch a new variant in Eau de Parfum. It has a top note and a floral
Question 2: Olivier Creed (Creed Perfumes) are going to launch a new variant in Eau de Parfum. It has a top note and a floral fragrance. They have set a price for 100 ml is PKR 50,000. Now, you are a Brand Manager at Olivier Creed (Creed Perfumes) and introduce this variant in Karachi only. Provide us the Complete brief that how would you launch this variant. In your Plan, must have the answers of the below questions: (10) (a) How do you make segment(s) for this variant? (b) What would be your target market? (c) What benefits do they seek from your product? (d) How customers can differentiate your product with your competitors? (e) Which channels are best for reaching them? (f) How to place and promote your brand?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started