Monday, December 14, 2015

Ch. 12-Services and Nonprofit Organization Marketing

A service is the result of applying human or mechanical efforts to people of objects. Goods are produced, sold, and then consumed. In contrast, services are often sold, produced, and consumed at the same time. Shea Moisture provides consumers with goods, not services. You may compare the goods that Shea Moisture sells with that of McDonald's, whether you order a Big Mac in New York or San Francisco, you know exactly what you're going to get. You may say the same about Shea Moisture's various products, including their African Black Soap, which will always be the same regardless of where you purchase it from. Predictability is good in this case. Many people want their money's worth when purchasing different goods and services. When the quality of certain products meets the expectations of a customer time and time again, companies are able to build brand loyalty. Shea Moisture prides themselves on giving back.  Not only are they big on selling, but also on putting effort into helping those who help them create their great products. 



Throughout the semester I've been able to provide information regarding Shea Moisture and their marketing strategies. I've learned the importance of strategic planning, social media, environment, developing a global vision, consumer decision making, marketing channels and retailing, advertising, public relations, sales promotion, personal selling, sales management, product concepts, marketing communications, segmenting and targeting markets, and developing and managing products. These are all efforts that should be made by a marketer in order to execute the most effecting marketing plan and maximize the profits of the brand and products you are marketing. They're definitely strategies that should not be ignored, especially considering the ever-changing market. 

Saturday, December 5, 2015

Ch. 11- Developing and Managing Products

Introducing new products is important to sustain growth, increase revenue and profits, replace obsolete items and attract new customers. SheaMoisture understands the importance of this, so it isn't a surprise that the company went from just selling soap, hair and skin preparations, and shea butter to selling hair styling products, hair dye, hair treatments, body butter, body wash, body polish, aftershave, cosmetics, body scrubs and more. The introduction of new product lines that the firm has not previously offered allow it to enter an established market. This helps companies like SheaMoisture to expand and increase profits. Considering that SheaMoisture sells beauty products, it may be a little more difficult to be innovative when creating things that are sold by thousands of different companies. This is why SheaMoisture stays true to their vision of making natural, cruelty-free beauty products, no matter what it is that they're selling- from soaps to hair dyes. Luckily for SheaMoisture, since their products are beauty related, it is easier for consumers to try the products, and the degree of difficulty involved in understanding and using the products is low.



 As a consumer and customer of SheaMoisture products, I can say that all of my experiences after purchasing when smoothly and surprise-free. I was able to try their soaps, body washes, lotions and more and have the needs that led me to buy those products satisfied. This goes to show that "trialability" is important to consider when marketing a product, especially when its a new one. 

Tuesday, December 1, 2015

Ch. 8 - Segmenting and Targeting Markets

SheaMoisture understands the importance of market segmentation. From the start, the company began with selling shea butter, African Black Soap, and homemade skin and hair preparations, meaning they produced more than one kind of beauty product. Since they began selling in Harlem, New York, their products were offered to a couple of different market segments based on diverse customer needs. SheaMoisture sells beauty products, but they're all different, and meant to satisfy different needs. An example of this is them having different hair product lines, all made with different ingredients, to help revitalize and maintain different hair textures whether it be straight, curly, kinky, or corse. They also sell bar soaps that help treat different skin types and most recently introduced a men's shaving line. Marketing segmentation plays a key role in the marketing strategy of all successful organizations and is a powerful marketing tool. SheaMoisture does a great job at including groups of people with different product needs and preferences. 


As mentioned in earlier blog posts,the CEO of SheaMoisture, Richelieu Dennis recognized the need to cater to women and men with skin and hair needs that most generic beauty companies tend to neglect. He once said in an interview, "today the buying power and influence of the emerging multicultural and ‘ethnic’ consumer is undeniable. We take a problem/solution approach to hair and skin care; ethnicity doesn’t play into our product development, but hair and skin care needs do. Ethnic consumers are starting to see themselves and their needs represented in all channels." This means that a lot of the products are ethnic segmented, because they're catering to the needs of diverse American people rather than being anglo-centric, as most companies were in the past. 
Dennis also understands how important inclusion is when marketing products. He once said, "SheaMoisture not only brings a loyal group of followers, but also it understands and identifies with the transcending consumer influences at play".

No matter what you look like, SheaMoisture wants to provide you with natural beauty products that may satisfy your individual needs. They market themselves as "a better way to beauty" to all that use their products. 


Tuesday, November 24, 2015

Ch. 15- Marketing Communications

Shea Moisture understands the importance of communicating information about the firm and its products to their target market and the public through different promotion strategies. Through the use of advertisements, the marketing team at Shea Moisture is able to send a given message, aiming to inform, persuade, and/or remind their target market to purchase the goods being promoted. In this day and age, marketing teams from many companies are aware of the more cost effective channels in which they can transmit their message to the public, which is why social media has become one of the most commonly used channel for many. Shea Moisture promotes most of their products with online advertisements. The use of videos to promote items has also been working out for them as well. A company may post a video onto YouTube, Twitter, Facebook to maximize the spread and sharing of that video meant to promote goods, events, or services. Not only is social media a good tool for promotion, but also for attaining feedback on the goods and services companies are selling. Shea Moisture does a fabulous job at interacting with customers on their twitter account, where they can monitor what people are saying about the company and its products with just a single search of their name. This is important because they can aim to fix what ever it is that a customer has complained about online.


Saving money is really important to many people, so people LOVE sales and promotions. But everyone has to love free things. Marketing activities such as sales promotion stimulate consumer purchasing and dealer effectiveness. An example of this is demonstrated in the advertisement above, used for Target stores, which communicates the message that there are products that can be won by a customer if they enter a sweepstake.

The goal of this is to actually sell this product. It is aimed at existing and new customers and is a very affective way of marketing a product, especially if its a new one. 

Tuesday, November 17, 2015

Ch. 10 - Product Concepts

The main premise of a business is to SELL. SheaMoisture is a company that thrives off of brand loyalty and maintaining relationships with existing customers who love the products and continue to buy specific products. Knowing this, SheaMositure's team made it so that certain products belong to certain lines, depending on the ingredients used, or the particular beauty needs the product works for.
For a long time, the needs of women with curly and kinky hair weren't being fulfilled by the majority of beauty brands. The neglect of these needs amongst generic beauty brands is something that the people at SheaMoisture took notice of. They understood that women came in all shapes and sizes, from different places and cultures, and also have unique responsibilities when it comes to caring for their hair. Taking all of this into account, they introduced a fraction of their haircare and products meant for maintaining beautiful kinky and curly hair.

SheaMoisture's Coconut & Hibiscus Curl Enhancing Smoothie is one of the company's most highly rated consumer products. It is part of the Coconut & Hibiscus product line, and caters to women who are looking to enhance or maintain healthy and beautiful curls while avoiding the damage other products that contain chemicals might create.


In this simple advertisement, SheaMoisture showcases the different hair types in which their products might be put to use on. Not only do they display kinky, curly, wavy, and straight hair but they also give the message that being natural is being yourself and promote some of the product lines they sell that can help women achieve that. 

Through the use of product lines, SheaMoisture is able to sell many items at once. A lot of consumers are willing to buy a whole line of products, especially if they've had a good experience with one specific product from that line. They've also been successful at creating new product lines, such as their Men's Shave line, which targeted a whole new set of consumers for the company. Through this, SheaMoisture is able to keep sales coming while catering to the needs of their demographically diverse customers.




Monday, November 9, 2015

Ch. 17 - Personal Selling and Sales Managemnet

Relationship selling is a multistage process that emphasizes personalization and empathy as key ingredients in identifying prospects and developing long-term, satisfied customers. SheaMoisture understands the value of customer relationship management. They strive to build long-term relationships by developing trust over time. Through its online store, sheamoisture.com, "everyone gets love" and can get the latest news, tips, and offers by subscribing for updates with their email address. SheaMoisture is able to make the most of these updates by implementing advertising and sales promotion as well. 

Building customer relationships is crucial for a business that sells standardized products with low value that are easy to understand and has many customers that are geographically dispersed. SheaMoisture is aware of this and, as mentioned in an earlier post, part of the company's success is its ability to build and retain customer loyalty by living up to its promise and also maintaining customer satisfaction. Some ways in which this is done is by interaction with customers on social media. SheaMoisture is big on responding to feedback and comments on social media platforms like Twitter. 


Other than selling from retailers and online, SheaMoisture has also used pop-up shops and launches in order to sell customer favorites or new products. Here, anyone who attends would be able to speak to representatives of the company in order to learn more about certain products, and the company in general. Interaction amongst customers and the company is important in order to maintain a relationship. 

Monday, November 2, 2015

Ch. 16 - Advertising, Public Relations and Sales Promotion

Advertising, public relations, and sales promotion are all tools that communicate a message to consumers that represent a particular brand. Through advertising, SheaMoisture is able to show what they are selling, why people should consider buying it, and where the product can be purchased. The beauty industry is constantly pushing products at consumers through the use of provocative advertisements, but SheaMoisture has a much simpler approach. Through the use of print ads, SheaMoisture is able to demonstrate their brand and promote their wonder products. However, like most cosmetic and beauty companies, SheaMoisture uses a health appeal. This attracts customers who are body conscious or who want to be healthy. This is also a reason they constantly promote their products as organic and natural. 


The advertisement above was made to promote SheaMoisture's new Color Cosmetics. The usage of color was used to make a straight forward, simple ad into one that can catch an eye. This ad, much like many other of SheaMoisture's, would most likely be featured on a magazine. 

Surprisingly, SheaMoisture has yet to release an advertisement of theirs on television. They do however, gain a lot of their promotion from lifestyle and beauty bloggers. 

A marketer must understand the importance of advertising, public relations, and sales promotion in order to perfectly communicate the brand's message and maximize profits.