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Masstige Marketing Strategies

products are seen as luxury and provide emotional satisfaction through noticeable design or technological differentiation. They must balance affordability with quality to avoid being replaced by cheaper competitors. Examples include Motorola's Moto Flip phone and The Body Shop's efforts to move upmarket through new products, branding, and multi-channel distribution while retaining its social mission.

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Kunal Asrani
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0% found this document useful (0 votes)
78 views9 pages

Masstige Marketing Strategies

products are seen as luxury and provide emotional satisfaction through noticeable design or technological differentiation. They must balance affordability with quality to avoid being replaced by cheaper competitors. Examples include Motorola's Moto Flip phone and The Body Shop's efforts to move upmarket through new products, branding, and multi-channel distribution while retaining its social mission.

Uploaded by

Kunal Asrani
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Masstige

A word used to refer to a massive and at the same time


prestigious product, even if it may sound like a
contradiction-Michael Silverstein and Neil Fiske

•Masstige products command high, but not prohibitive prices -


between Super Premium and Standard, are perceived as “luxury”
generate emotional satisfaction.

• Successful -noticeable differentiation in design and/or


technology. . This differentiation must be real and marked

•It’s very high involvement, where consumers have to touch, feel


and engage with brands
Masstige products as being vulnerable to a “death in mid-
stream.” They can be attacked by other products that offer
the same emotional benefits, but at a more economical price

• Keep price affordable

• Move the brand to masstige positioning by developing


original products at affordable prices

• Launch marketing initiatives in order to promote their


masstige brand positioning

• Focus more on quality rather than on growth


Examples

• Motorola to create a growing niche in a market dominated by Nokia-


Moto Flip

• Vijay Mallya’s shot at the red-hot civil aviation market with Kingfisher
Airlines

• Unilever’s attempt to raise the bar on its positioning for Ponds and
Lakme

• Success of premium offerings from LG and Samsung. LCD TVs, for


instance, are masstige products,

• While some manufacturers focus on brand name and image, others


widen the basket of offerings. Arvind Brands, which has Arrow, Lee,
Wrangler, Nautica and Jansport
The Body Shop-RePositioning
IDEA- Move closer to the luxury end of the cosmetics market
to avoid competition form drugstores and supermarkets

Masstige Positioning- Strong commitment to the well


being of fellow humans and the planet.

 New Products
 New Brand Identity
 New Store Design
 Multiple Channel Distribution
• New Products

- Hair Care Range


- Skin Focus
- Invent Your Scent

Promotional activities such as sampling and free


gifts were used

Won awards in 2004 & 2005 for product


development
• New Store Design

- Better Visual merchandising

- New Store Design – product merchandising, customer


service

- New Identity – Logotype, typography, color


specification,

- Made with Pass!on- featured in all stores, both inside


as well as outside and on product packaging
• Multi Channel Strategy

- Stores
- Franchisee network
- Direct selling network “The Body Shop Art Home”
- E-commerce

The Body Shop Art Home- Hosts were required to


host “Girl’s Night Out” parties with themes such
as ‘Your Face is Forever’, ‘Foot Fun’, Spa
Experience’, ‘Make it up’
“Love Your Body”-Loyalty Program

- Annual Fee £ 5 which entitled the member to


receive 10% off on all purchase
- After the 4th qualifying –free product worth £ 5
and £ 10 after the 8th
- Members could donate their rewards to charities
including FOE & National Missing Persons
- End of fiscal year 2005- 8,60,000 U.S
- 5,00,000 in the U.K
- 1,60,000 in four countries in Europe
Value Campaign as a Differentiator

- 2003 launched a global campaign against


Domestic Violence
- Raised £ 90,000 through the sale of badges and
£ 18,000 by recycling mobile phones
- Raised $ 80,000 for The National Coalition
Against Domestic Violence
- Profits went up by 76 %

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