Branding of Earth Essence
Branding of Earth Essence
Branding of Earth Essence
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All content following this page was uploaded by Mst. Jakia Afrin Ome on 05 July 2024.
Prepared for,
Md. Anamul Hoque
Assistant Professor
Department of Business Administration
EAST WEST UNIVERSITY
Prepared by,
Name ID
Swagato Bhadra 2021-1-10-175
Mst. Jakia Afrin Ome 2020-1-10-221
Nagib Sadique Probal 2019-1-10-322
Whaheduzzaman Shoikot 2020-2-10-107
MD Naymul Karim 2019-2-10-071
Kazi Hasan Mahmud 2019-3-10-099
5. Brand development...........................................................18
5.1 Brand Name ..............................................................................18
5.2 Brand Color ..............................................................................18
5.3 Style and Design .........................................................................18
5.4 Brand Logo ...............................................................................19
5.5 Brand Character ..........................................................................19
5.6 Brand Tagline & Slogan .................................................................19
5.7 Brand Jingle ..............................................................................20
5.8 Brand Packaging .........................................................................20
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MKT416 - Brand Management
LETTER OF TRANSMITTAL
Dear Sir,
It’s been a great pleasure for us to submit to you the term paper on brand development on “EARTH
ESSENCE” which is an important topic for making a new business plan. While preparing the report,
we closely focused on the topic & tried to assimilate and to provide the most complete information
available. We believe that it will provide you with a clear concept about the topic, here’s how we can
start a new company and run the business by taking all the marketing methods, strategy, and steps
there.
We are so thankful to you for giving us the opportunity to do the term paper on such a wonderful topic.
This will surely give us an experience which we can use in our professional life. We will always be
available for any further queries and to answer any questions in this report.
Sincerely,
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MKT416 - Brand Management
EXECUTIVE SUMMARY
Earth Essence is a brand of natural soap, inspired by the incomparable beauty and wealth of nature.
This report is about building a new business. We create a business plan and follow all the marketing
methods and strategies we have tried to create. Those methods are SWOT Analysis, perceptual map,
Competitor Analysis, Product Details, Industry Analysis, Current Marketing Situation. The brand
crafts each soap with love and respect for the environment, providing its customers with a way to
transform their daily self-care ritual into a true pleasure. Earth Essence is an invitation to discover
true purity and natural beauty, while remaining true to the values of sustainability and quality.
Without all processes it is not possible to anything to manage activities. Lastly, we just found out
some key points regarding our product and some recommendations for how to make it beneficial for
our customer.
Our research draws attention to the new business plan. Mainly we are attention in our Market
strategy & method. We maintain marketing rules and regulations that are a key role for an industry.
How will it be beneficial for the customer.
We are going to sort things into a proper way that will maintain the sequence for the readers to
understand our writings much better than any other complexity-based reports. We are glad we are the
first to work on this topic and which is going to be effective to the people out there who canuse our idea
from this report to imply them into the real field and overcome the situation as well as taking safety
measure.
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MKT416 - Brand Management
Chapter: 1 - Introduction
Earth Essence occurs as an example of purity and sustainability, expressing the essence of organic,
natural, and handmade soaps. In this comprehensive business plan, we reach into the various facets of
this opportunity, conducting a thorough analysis to ensure a successful entry into the market.
Our journey begins with an exploration of the opportunity itself, identifying the reasons we believe that
venturing into fragrance laundry soap aligns effortlessly with our ethos. Subsequently, we investigate
the market demand for this specific product category and conduct a detailed analysis of the competitive
landscape to understand where Earth Essence stands in relation to existing competitors.
Moving forward, we transition into the space of consumer behavior and preferences, employing
targeted market segmentation to gain a deeper understanding of our audience. From demographic and
psychographic profiles to the application of VALS (Values, Attitudes, and Lifestyles), we aim to
establish a strong connection with our consumers through a compelling storytelling approach.
The narrative unfolds further with a focus on brand development, where every element, from the brand
name and color palette to the logo, character, and tagline, is carefully crafted to resonate with our
target audience. Additionally, we explore the auditory dimension of brand identity with a jingle that
captures the core of Earth Essence. The package itself becomes a canvas for our values, as we examine
the design of eco-friendly and visually appealing packaging.
Lastly, we explore the concept of leveraging secondary associations, seeking partnerships and
collaborations that align with Earth Essence's core values, further solidifying our position as a brand
committed to organic, natural, and sustainable living.
product/idea?
In the spirit of honoring nature's bounty, Earth's Essence was conceived to provide individuals with a
luxurious yet wholesome skincare experience. The brand's foundation rests upon the principle that
skincare should be a harmonious fusion of efficacy, purity, and environmental consciousness. With a
mission to redefine the way people approach skincare, Earth's Essence draws inspiration from the
richness of botanicals, essential oils, herbs etc. Our soaps are carefully handcrafted using a cold-
process method & hot-process, that maintains the integrity of each ingredient's natural properties. We
believe that the key to achieving radiant skin lies in embracing the Earth's gifts, which is why we
meticulously source our materials from trusted suppliers.
who share our commitment to sustainability and ethical practices. Our dedication to quality assurance
guarantees that every bar of soap we produce is a testament to the beauty of nature's essence.
And people of Bangladesh have intention to use domestic product. Earth's Essence might be their first
priority because it will provide premium quality according to the price by ensuring environmental and
health concern. We also believe that our brand will also represent Bangladesh among the world in
future.
• Cultural preferences:
The cultural appreciation for traditional craftsmanship in locally made items contributes to the6
popularity of handmade products in the Bangladesh market.
MKT416 - Brand Management
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MKT416 - Brand Management
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MKT416 - Brand Management
Raw Materials
Our handmade soap are made from a variety of raw materials that have been carefully chosen to
provide proper benefit without harming skin. As all our soap are handmade and environmentally
friendly, we don’t use any harmful chemicals for making our soap. We use all natural ingredients for
making our soap. Some important ingredients that we use:
• Olive Oil • Lavender essential oil
• Castor Oil • Saffron essential oil
• Coconut Oil • Flower parts
• Almond Oil • Aloe vera extract
• Sunflower Oil • Fresh Coffee extract
• Black seed oil • Neem extract
• Essential Oil
Need Analysis
Generally, in the market many brands are actively running their business in the soap market. But
when it comes to handmade soap category, no brands only focus only on handmade soap. Our key
competitors use this line of products as a line extension.
But our brand Earth Essence only focuses on handmade soap. We are the first brand in Bangladesh
who will specialize only on handmade soap. It will protect our consumer to diverse their mind and
only they think about our product as a loyal customer.
For example, when people picture the brand "Aarong" at first, they don’t think they are a brand for
handmade soap but rather for clothing and accessories. But when people hear the name of Earth
Essence, 10
MKT416 - Brand Management
They will immediately think about our brand is only about handmade soap.
Pricing Strategy:
Earth's Essence will commit to providing premium quality products. We use natural and fresh
ingredients. So, our pricing was comparatively reasonable, and it will draw the attention of the
consumers. Where “Aarong Earth'' failed became the first choice of the consumers due to quality
despite being a low price. As our target consumers are from urban and semi-urban areas and they
mostly belong to upper class or middle-class society, they can easily afford our products compared to
another brand's products which are sold at a much higher price named ‘Ribana’.
Health assurance:
The main idea of using handmade soap is to get rid of the harmful effects of chemicals. Earth's
Essence carefully handles this issue and guarantees 100% chemical free products. Our brand will also
solve the multiple skin related problems without any side effects of the ingredients.
Promotional Activities:
As we are a new brand, we will focus more and more on promotional activities that help to raise brand
awareness. We can arrange social media campaigns, collaborations, or events that create buzz around
our brand. We also try to promote our brand through sponsorship, advertising on TV, newspapers etc.
For example, “Ikebana” failed to hold their brand awareness only because of the promotional activities
that cannot be done properly.
Distribution Channels:
We will try to make our product available through diverse distribution channels. This may include
online platforms, local retailers, multiple showrooms, or partnerships that increase accessibility for the
consumers from all over Bangladesh.
Encourage Review:
After launching the product, we will encourage our consumers to provide their feedback. We will
give them freedom so that they can feel free to share their thoughts. It can be through emails,
Facebook page, hot line numbers etc. This idea will help to create loyal consumers. We will carefully
analyze all the reviews to find out the gaps and, based on this, try to bring necessary changes to
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MKT416 - Brand Management
Strength:
• Unique Handmade Quality: Earth's Essence Handmade Soap offers a unique selling point with its
handmade, artisanal quality, which can appeal to consumers seeking natural and authentic
products.
• Natural Ingredients: The soap is made from all-natural ingredients, which can attract
environmentally conscious and health-conscious consumers.
• Artisanal Craftsmanship: Handmade, showcasing artisanal skills and attention to detail.
Weaknesses:
• Production Scalability: Handmade soap production may face challenges in scaling up to meet the
demands of larger international markets, potentially affecting supply chain stability.
• Our brand might face difficulties while creating brand awareness as it is a new brand
Opportunities:
• Emerging Markets: Expanding into Japan, USA, and France provides access to diverse and
potentially profitable markets with different consumer preferences.
• Handmade soap sector untouched.
• Online Presence: Expanding through e-commerce to reach a broader audience.
• Niche Markets: Targeting specific customer segments interested in natural and handmade
products.
• Chances of becoming a market leader because there is no risk of me too brand.
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MKT416 - Brand Management
Threats:
• Economic Conditions: Economic fluctuations, trade restrictions, or currency exchange rates can
impact the profitability of exporting.
• Cultural Preferences: Understanding and adapting to cultural preferences and beauty rituals in
each target market is crucial for success.
• Logistics and Shipping Costs: The cost and complexity of shipping handmade soap
internationally may affect pricing and profit margins.
• Lifestyle - lifestyle introduces us to people's values, living style, way of livelihoods, opinions.
For Earth Essence, crafts enthusiasts, eco conscious consumers, people who prefer natural state
of living fall under this group. Along with luxurious minded and self-care seekers as well.
• Attitude - Attitude shapes an individual's perception towards a specific kind of product. For
our handmade soap brand Earth Essence, consumers who have a chemical free preference of
living, believe in sustainability and natural way, value consciousness, these categories fall
under this trait.
• Behavior - behavior trait pertains to the actions, decision making behavior of a consumer.
Purchase frequency, brand loyalty, usage patterns, involvement in crafting, all of these things
will help to understand the psychographic analysis for Earth Essence
1. Innovators:
- Values: Strive for originality and uniqueness.
- Attitudes: Open to experimenting with novel and handmade goods.
- Lifestyles: Forward-thinking individuals who value unique and imaginative handcrafted soaps.
2. Thinkers:
- Values: Consider usefulness, dependability, and quality.
- Attitudes: Conscientious and thoughtful customers who appreciate their soap's natural,
thoroughly investigated ingredients.
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MKT416 - Brand Management
- Lifestyles: Frequently health-conscious, they Favor goods that are consistent with their morals
and ideologies.
3. Achievers:
- Values: Motivated by achievement and success.
- Attitudes: Prefer respected brands; considers high-end or luxurious handmade soap options.
- Lifestyles: Professionals with hectic schedules looking for effective and efficient personal care
products.
4. Experiencers:
- Values: Excitation and variety are important to thrill-seekers.
- Attitudes: Willing to experiment with various fragrances, textures, and special recipes for
handmade soaps.
- Lifestyles: People who lead active lives and see taking care of themselves as a sensory
experience.
5. Believers:
- Values: Their decisions are influenced by conservative and traditional values.
- Attitudes: Prefer handmade brands; might be drawn to natural or organic handmade soaps with
a touch of tradition.
- Lifestyles: People who prioritize their families and look for goods that reflect their moral
principles.
6. Strives:
- Values: Driven by achievement through more restrained means.
- Attitudes: Search for high-quality goods, sometimes they pay more for quality goods.
- Lifestyles: Consumers on a tight budget looking for products that improve their appearance.
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MKT416 - Brand Management
The positioning is the fight to gain a place on the ladder of the mind of consumer. Communicating is
the best way to get a place on that ladder. How can our brand position itself? Let's have a look into it.
To gain a place in the mind of a consumer, we have to find creneau in the market of the designated
product. In this case, the handmade soap market in Bangladesh is the field of competition. How could
we position our brand Earth Essence in this category?
To answer that, we can start with saying, in Bangladesh, the handmade soap sector is full of
opportunities, as no other competitor brands focuses only on producing handmade soap. As our brand
is not the market leader in this category, we can follow a few steps to get the preferred position that we
desire for our brand Earth Essence.
Skin-Friendly Formulas: Our brand is thoughtfully formulated for all skin types, our soaps prioritize
nourishment and gentle cleansing, leaving the skin of consumers feeling refreshed and revitalized.
Now the question is, how to gain the mind of consumer in numbers? At this stage, we will use the
strategies given below.
Attributes - This is the part where benefit of consumption is talked about. In this case, we can say
that the consumers will know how the product is made. Since our product is made with a unique
feature of using all the non-chemical superior natural ingredients, we can create a position in the mind
of our target consumer.
Statement - Lastly, we know that statements are made to generate focus toward the brands
exclusively. For our brand Earth Essence, we can promote our brand by advertising it as the first brand
which has the focus only on producing handmade soaps. Unlike other competitors in the market who
uses handmade soap as another line of product in their brand. So, when it comes to organic,
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ecofriendly, and natural touch of handmade soaps, Earth Essence is the one and only brand.
MKT416 - Brand Management
Our brand contains three colors. 80% covers Rosy Brown, 15% covers Grey Cloud and 5% covers
Vanilla Ice color. But in our logo our prime color is Rosy Brown. This Rosy Brown color brings to
mind traditional values of loyalty, love for a lifetime, and inner beauty. Using a rosy, brown color
scheme for your business means that you're old-fashioned in a good way. Grey color express attributes
like mystery, authority, sophistication, intellect, strength, and maturity.
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MKT416 - Brand Management
● The first part, “EARTH ESSENCE”, is the name of the soap brand. It suggests that the soap is
derived from the earth and has a natural quality.
● The second part, “The soap that cares”, implies that the soap is gentle on the skin and the
environment. It also creates a sense of trust and loyalty between the brand and the customers.
● The third part, “Made with love and natural flares”, emphasizes the hand made and organic
aspects of the soap. It also uses rhyme and alliteration to make the jingle catchy and memorable.
The word “flares” could refer to the different colors and fragrances of the soap, or to the energy
and passion of the soap makers.
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MKT416 - Brand Management
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Based on consumer feedback, if we find that the market is responding positively and we are getting positive
feedback, gradually we will launch some more variants in the market for our product. The pricing for those are
given below.
Products Quantity Price
Rainbow Handmade Soap 100gm BDT 195
Aloe Vera Handmade Soap 100gm BDT 205
Coffee Handmade Soap 100gm BDT 205
Lavender Handmade Soap 125gm BDT 250
Producer Consumer
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MKT416 - Brand Management
• Firstly, under the category of Places, we will choose channel of distribution. Channel
distribution affects brand equity directly. The reason is retail stores are linked here with the
customers association. Product quality, service, all of these categories have their own brand
image in the consumer’s mind. We will store our product in well-known super shops such as
Agora, Shawapno, Unimart to increase brand awareness as these shops have individual brand
equity that might help to generate more customer-oriented leverage for our brand.
• Under the category of things, we are going to use events. As it is very important to use events
properly, we would likely choose any beauty contest or something similar for our brand to be
associated with. Something like Miss Universe Bangladesh is a prime example that how we
could make our brand associated with the event and improve the brand image and strength
drastically.
• Lastly under the category of other brands, we will choose Ingredient Branding. As our main
strength is the unique and natural ingredients, we use to create the product of our brand Earth
Essence, consumers first will have to understand the superiority of the ingredients. We have to
convince them that the competitive advantage we are providing just with this unique feature.
Through this type of branding, we will be able to position our brand in the mind of the target
consumers and create even better equity for our brand.
As our brand is a new brand, we can't possibly use all of the functions of leveraging secondary brand
association. But will try to engage even more once our brand starts to get bigger in the market.
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MKT416 - Brand Management
CONCLUSION
In wrapping up, Earth Essence's move into fragrance soap is a smart response to a good opportunity.
We've checked the market, saw people want eco-friendly and nice-smelling products, and noticed
there's room for us.
Looking at who we're selling to and what they like, we're all set to connect with our customers on a
personal level. Our brand, from the name to the packaging, is designed to stand out and appeal to those
who care about organic and natural living.
We've got a solid plan for pricing and getting our products out there. Plus, teaming up with like-
minded partners helps us spread our message of sustainability even further.
In a nutshell, Earth Essence is excited to bring a fresh, eco-friendly, and aromatic touch to the soap
scene. We're confident that our values will shine through, making a positive impact on consumers and
setting a new standard for mindful living.
---The End---
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