Evaluating The Effectiveness of Integrated Marketing Communications Adopted by Unilever Bangladesh Limited (2023)
Evaluating The Effectiveness of Integrated Marketing Communications Adopted by Unilever Bangladesh Limited (2023)
On
Submitted To
Supervised By
Submitted By
So, I request and hope that you would be kind enough to accept my report. Therefore,
I hope that this will meet the standard of your judgment.
Sincerely yours,
--------------------
MD. Minhaz Rahim
National University Roll: 2080865
National University Registration No: 17501001287
Session: 2017/2018
Major in Marketing
Department of Business Administration
Dhaka City College
i
ACKNOWLEDGEMENT
At first, I would like to express my gratitude to Almighty Allah for providing me the
strength and the composure for finishing my report within the schedule period.
I would like to express my deep sense of gratitude and sincere appreciation to our
honorable Principal, Professor Bedar Uddin Ahmed and honorable Coordinator
Mr. A.N.M. Badsha Miah. I would also like to express heartiest gratitude to my
project supervisor Ms. Afroza Rahmat Rinky, Lecturer, Department of Business
Administration, Dhaka City College, for her continuous support and guidance
throughout the process of completion of this report. Her suggestions and comments
were really a great source of spirit to make the report a good one.
Last but not the least I am very much grateful to my family and friends. Without their
support, it would not have been possible for me to be this determined and committed
to my responsibilities. Their support has enlightened my student life and career.
ii
CERTIFICATE OF SUPERVISOR
I hereby declare that the project report entitled “Evaluating the Effectiveness of
Integrated Marketing Communications Adopted by Unilever Bangladesh
Limited” has been prepared by MD. Minhaz Rahim under my supervision of which is
a fulfillment of the partial requirement of obtaining BBA program. He is a student of
BBA Professional Program, bearing National University Registration No.
17501001287, National University Roll No. 2080865, Academic Session 2017-2018,
Major in Marketing, is a regular student of BBA program, Department of Business
Administration, Dhaka City College under National University of Bangladesh.
-----------------------------
Lecturer
iii
EXECUTIVE SUMMARY
As a part of BBA Program, the report has been prepared on understanding the
different integrated marketing communications program which is used Unilever
Bangladesh Limited. The broad objective of the report is to fulfillment the partial
requirement of BBA program under National University. The report is exploratory in
nature. In this report I have strived to explore respondents’ opinions regarding
“Evaluating the Effectiveness of Integrated Marketing Communications
Adopted by Unilever Bangladesh Limited “Data are collected through primary and
secondary sources. Discussion with experts, direct observation and In-depth
Interviews have are used as primary sources. Various articles, relevant books,
research papers and newspapers & journals are used as secondary sources. The
investigation involves a thorough examination of UBL’s advertising campaigns,
marketing communication strategies, public relations efforts, cultural resonance, and
more. I have designed a set of 25 questions in order to do the analysis of the customer
perception on the (IMC) program adopted by Unilever Bangladesh Ltd. I have used
non probability sampling technique that attempt to obtain a sample of convenient
elements. The scaling technique is based on 5-point Likert scale to collect information
from the customers. Both quantitative and qualitative data were analyzed and
presented through Google Forms and MS Excel where respondents’ opinion is shown
at table. Through a rigorous survey and analysis, that uncovers valuable insights into
the strengths and areas for improvement in UBL’s IMC approach. In the chapter one,
I have introduced the report with different topics such as origin of the report, scope of
the report, objectives of the report, methodology of preparing report and limitations of
the report. In the second chapter, serves as an indispensable introduction to Unilever
Bangladesh Ltd, a multinational company. It offers a comprehensive snapshot of this
prominent player in the Fast-Moving Consumer Goods (FMCG) sector within
Bangladesh. The chapter begins by tracing the company's history, shedding light on
its establishment and evolution in the local market. It then delves into the vast product
portfolio that UBL manages, detailing the various brands and product categories that
contribute to its standing in the FMCG sector. Additionally, the chapter underscores
the company's commitment to sustainable business practices, highlighting its efforts
in areas like environmental conservation and social responsibility.
iv
Third Chapter lays the theoretical foundation upon which the research study is built. It
provides an extensive review of existing theoretical models on Integrated Marketing
Communication (IMC) from reputable and scholarly sources. This segment serves to
contextualize the research within the broader field of marketing and communication
theory. Readers gain insights into the key principles, models, and concepts that
underpin IMC as a strategic approach. It brings forward well-established theories and
frameworks that help explain the effectiveness and importance of IMC strategies in
modern marketing practices.
Chapter four is the analytical core of the project paper. It commences by elucidating
the research methodology employed in the study. The chapter details the survey-based
approach used to assess the effectiveness of UBL's IMC strategies. This includes a
thorough description of the questionnaire structure, offering insight into the specific
questions and aspects investigated. The chapter also provides a clear overview of the
participant demographics, offering transparency in the selection and engagement of
survey respondents. Furthermore, it outlines the data collection process, describing
how responses were collected and analyzed. This chapter ensures that readers are
well-informed about the research methodology, data collection, and analysis
procedures, setting the stage for the subsequent chapters' findings and
recommendations. Finally in chapter five, I have got some project key insights and the
resulting recommendations. It highlights the survey findings, emphasizing the
strengths and areas for improvement in UBL's IMC strategies. The recommendations
focus on optimizing marketing channels, leveraging cultural relevance, and enhancing
the overall customer experience.
v
TABLE OF CONTENTS
Chapter Contents Page No
Letter of Transmittal i
Acknowledgement ii
List of Acronyms xi
List of Figures xv
Chapter-1 Introduction
vi
2.10 Organizational Structure of Unilever Bangladesh Ltd. 17
Industry
vii
3.5.4 Cognitive Theory 49
4.3.7 Analysis of IMC Aligns with its Brand Values and Mission 67
viii
4.3.9 Analysis of Strategy Resonates With the Local Culture 69
5.1 Findings 89
5.2 Recommendations 91
ix
5.3 Conclusion 92
Appended Bibliography 93
Part
Appendix 94
x
List of Acronyms
xi
List of Tables
Serial No Name of Tables Page No
1. UBL at a Glance 9
2. Unilever Bangladesh and FMCG Market Growth rate 12
3. Unilever Bangladesh Ltd Product portfolio. 20
4. Respondents on the Basis of Age. 55
5. Respondents on the Basis of Gender 56
6. Respondents on the Basis of Occupation 57
7. Respondents on the basis of Marital Status 58
8. Respondents on the basis of geographical location 59
9. Respondents' Opinion on the Most Frequently used UBL 60
products for Personal Care
10. Respondents' Opinion on the factors do they Consider Most 61
Important when Choosing a UBL Product
11. Respondents' Opinion on whether the customers have seen 62
the Lux Bar promotional offer
12. Respondents' Opinion on the Frequently Purchase UBL 63
Products
13. Respondents' Opinions on Whether Customers Choose a 64
Unilever Product with a Promotional Offer
14. Respondent’s Opinion on Advertising Campaigns 65
Effectively Engages with their target audience.
15. Respondent’s Opinion on Unilever Bangladesh marketing 66
communication aligns with its brand values and mission.
16. Respondent’s Opinion on Public Relations Efforts 67
Significantly Contribute to enhancing their overall brand
image
17. Respondent’s Opinion on Unilever marketing 68
Communication strategies Resonate with the Local Culture.
18. Respondent’s opinion on the active presence of Unilever 69
Bangladesh on social media positively impacts consumer
perceptions of the brand.
xii
19. Respondent’s Opinion on Unilever Bangladesh advertising 70
Consistently Conveys their Brand Message to Consumers
Effectively.
20. Respondent’s opinion on the Promotional Campaigns by 71
Unilever Bangladesh often persuades Consumers to make
Purchase Decisions.
21. Respondent’s opinion on the convenience and accessibility 72
of Unilever products play a crucial role in influencing
Purchase Decisions.
22. Respondent’s opinion on storytelling in their marketing 73
content strongly resonates with customers.
23. Respondent’s opinion on marketing campaigns effectively 74
conveys the benefits of its products.
24. Respondent’s opinion on distribution network ensures 75
timely product availability when needed.
25. Respondent’s opinion on the frequency of Unilever
Bangladesh marketing messages is appropriate.
26. Respondent’s opinion on Unilever marketing campaigns are 77
relevant to current consumer trends.
27. Respondent’s opinion on the Unilever Bangladesh Ltd 78
marketing campaigns contribute to its sales growth
28. Respondent’s opinion on the Unilever Bangladesh customer 79
service effectively handles and resolves customer concerns.
29. Respondent’s opinion on the Unilever Bangladesh 80
promotional discounts effectively encourages customers to
try new products.
30. Respondent’s opinion on the packaging design of Unilever 81
Bangladesh products is user-friendly.
31. Respondent’s opinion on the Unilever Bangladesh product 82
pricing is competitive within the FMCG market.
32. Respondent’s opinion on the advertising campaigns by 83
Unilever Bangladesh instills a sense of trust and reliability
in consumers
xiii
33. Respondent’s Opinion on the Unilever Bangladesh 84
Consistently Meets Customer Expectations Regarding
Product Quality.
34. Summary of Survey Questionnaire 85
xiv
List of Figures
Serial No Name of Figures Page No
1. Pioneering Market Leadership through Sustainable 10
Innovation and Social Impact
2. Unilever Bangladesh Logo 14
3. Organizational Structure 18
4. New Product Pricing Strategy 26
5. SWOT analysis 36
6. DAGMER Model 45
7. Consumer Behavior Theories 47
8. Consumer Behavior Models 49
9. Zero- Level Channel 33
10. One- Level Channel 33
11. Two- Level Channel 33
12. Three –Level Channel 34
13. Percentage of Respondent’s Age 55
14. Percentage of Respondent’s Gender 56
15. Percentage of Respondent’s Occupation 57
16. Percentage of Respondent’s Marital Status 58
17. Percentage of Respondent’s Geographic Location 59
18. Percentage of respondent’s opinion on the most frequently 60
used UBL products for personal care
19. Percentage of respondent’s opinion on the factors do they 61
consider most important when choosing a UBL product
20. Percentage of respondent’s opinion on whether the 62
customers have seen the Lux Bar promotional offer
21. Percentage of respondent’s opinion on the frequently 63
purchase UBL products
22. Percentage of respondent’s opinion whether customers 64
choose a Unilever product with a promotional offer
23. Percentage of respondent’s opinion on advertising 65
campaigns effectively engages with their target audience.
xv
24. Percentage of respondent’s opinion on Unilever Bangladesh 66
marketing communication aligns with its brand values and
mission.
25. Percentage of respondent’s opinion on public relations 67
efforts significantly contribute to enhancing their overall
brand image
26. Percentage of respondent’s opinion on Unilever marketing 68
communication strategies resonate with the local culture.
27. Percentage of respondent’s opinion on the active presence 69
of Unilever Bangladesh on social media positively impacts
consumer perceptions of the brand.
28. Percentage of respondent’s opinion on Unilever Bangladesh 70
advertising consistently conveys their brand message to
consumers effectively.
29. Percentage of respondent’s opinion on the promotional 71
campaigns by Unilever Bangladesh often persuades
consumers to make purchase decisions
30. Respondent’s opinion on the convenience and accessibility 72
of Unilever products play a crucial role in influencing
purchase decisions
31. Percentage of respondent’s opinion on storytelling in their 73
marketing content strongly resonates with customers
32. Percentage of respondent’s opinion on marketing campaigns 74
effectively conveys the benefits of its products
33. Percentage of respondent’s opinion on distribution network 75
ensures timely product availability when needed.
34. Percentage of respondent’s opinion on the frequency of
Unilever Bangladesh marketing messages is appropriate
35. Percentage of respondent’s opinion on the Unilever 77
marketing campaigns is relevant to current consumer trends.
36. Percentage of respondent’s opinion on the Unilever 78
Bangladesh Ltd marketing campaigns contribute to its sales
growth
xvi
37. Percentage of respondent’s opinion on the Unilever 79
Bangladesh customer service effectively handles and
resolves customer concerns.
38. Percentage of respondent’s opinion on the Unilever 80
Bangladesh promotional discounts effectively encourages
customers to try new products.
39. Percentage of respondent’s opinion on the packaging design 81
of Unilever Bangladesh products is user-friendly
40. Percentage of respondent’s opinion on the Unilever 82
Bangladesh product pricing is competitive within the
FMCG market.
41. Percentage of respondent’s opinion on the advertising 83
campaigns by Unilever Bangladesh instills a sense of trust
and reliability in consumers.
42. Percentage of respondent’s opinion on the Unilever 84
Bangladesh consistently meets customer expectations
regarding product quality.
xvii
Chapter 01
Introduction
1.1 Origin of the Report
Making a project report is the most significant stage for a BBA student. In this phase,
students get their all the taste of theoretical knowledge in a practical manner and able
to know about the business and cope up with the competitive environment in such a
way like trained employees. The project report focuses on the "Evaluating the
Effectiveness of Integrated Marketing Communications Adopted by Unilever
Bangladesh Limited ".
This project was assigned by supervisor, Ms. Afroza Rahmat Rinky, Lecturer in the
Department of Business Administration at Dhaka City College. Under her guidance,
this report delves into the adaptation, impact assessment, and evaluation of integrated
marketing communication practices in Unilever Bangladesh Ltd. Additionally, it
explores the intricate relationship between IMC strategies, consumer awareness,
brand perception, and purchase intent in the Fast Moving Consumer Goods (FMCG)
sector.
Objectives are the basic tools that underline all planning and strategic activities. They
serve as basic for clarifying the purpose and evaluating performance. The main
objective of this report can be viewed in two forms:
This report is prepared primarily to fulfill the partial requirement of obtaining four
years BBA graduation degree from Dhaka City College under the National University
of Bangladesh.
1
1.2.2 Secondary Objectives
This project delineates the research methodologies utilized for investigating the
effectiveness of integrated marketing communication (IMC) programs within the
FMCG sector, with a specific focus on Unilever Bangladesh Ltd. In order to obtain a
holistic understanding and robust data, a combination of primary and secondary data
collection approaches were employed.
2
social media interactions, attendance at promotional events, and tracking the
response to advertising campaigns.
Additionally, the study will take into account the temporal dimension by examining
the historical evolution of Unilever Bangladesh's IMC strategies. This will help in
identifying any shifts or adaptations in response to changing consumer trends and
market dynamics.
Lastly, we will consider the contextual factors that may influence the effectiveness of
IMC programs in Bangladesh, such as cultural and socio-economic elements. This
4
holistic approach will enable a comprehensive evaluation of Unilever Bangladesh's
IMC initiatives and their impact on consumer behavior within the local market.
The limitations of the study are the characteristics or design methodologies that
influenced or disrupt the interpretation of the results of the research. While preparing
the report, the researcher has also faced several limitations that have influence on the
study outcome.
5
Chapter 02
As a subsidiary of the global Unilever Group, Unilever Bangladesh has been pivotal
in delivering products that cater to the diverse needs and preferences of Bangladeshi
consumers. It holds a significant share of the FMCG market in the country,
showcasing a portfolio of trusted and beloved brands.
6
2.2 Vision of Unilever Bangladesh Limited
Unilever products touch the lives of over 2 billion people every day – whether that‘s
through feeling great because they‘ve got shiny hair and a brilliant smile, keeping
their homes fresh and clean, or by enjoying a great cup of tea, satisfying meal or
healthy snack.
The fits pillars of Unilever vision set out the long term direction for the company –
where its want to go and how it is going to get there:
Unilever has always believed in the power of its brands to improve the quality of
people‘s lives and in doing the right thing. As its business grows, so do its
responsibilities.
Unilever recognize that global challenges such as climate change concern us all.
Considering the wider impact of its actions is embedded in its values and is a
fundamental part of who it is.
7
2.3 Mission of Unilever Bangladesh Limited
“Our mission is to meet the everyday needs of Bangladeshi consumers with a wide
range of high- quality, sustainable products that improve health, hygiene, nutrition
and well-being.
The company has set itself 3 main goals to attain by 2020: to assist one billion people
improve their health and wellbeing; to boost the livelihoods of many thousands of
individuals within the provided supply chain chain; and to divide the environmental
footprint of the group' products.
In September 2020, their home care business launched an ambitious new strategy for
our planet called 'Clean Future,' with the goal of eradicating fossil-fuel produced
carbon from their cleaning and laundry products and transitioning to 100 percent
biodegradable formulation by 2030. (Unilever, 2021)
8
2.5 UBL at a Glance
9
2.6 Unilever Bangladesh Ltd.: Pioneering Market Leadership
through Sustainable Innovation and Social Impact.
Market Leadership
Sustainability Commitment
Innovation
Consumer-Centric Approach
10
sustainability. In 2020, the company launched several eco-friendly and
hygiene-focused products in response to changing consumer needs during the
COVID-19 pandemic.
4. Consumer-Centric Approach: Unilever Bangladesh Ltd. places consumers
at the core of its operations. Through extensive market research and consumer
insights, the company tailors its product offerings to meet the specific
demands of Bangladeshi consumers. This consumer-centric approach has
contributed to its success in delivering products that offer value for money and
convenience, resonating with the local market.
5. Corporate Citizenship and Social Impact: Beyond its business operations,
Unilever Bangladesh Ltd. actively engages in various social initiatives that
contribute to the betterment of Bangladeshi society. The company's
commitment to social responsibility is reflected in its efforts to promote
hygiene and sanitation through programs like "Lifebuoy Handwashing
Program," which has reached millions of school children across the country.
Additionally, Unilever Bangladesh Ltd. is involved in initiatives to empower
women, enhance livelihoods, and improve access to clean water and sanitation
facilities in marginalized communities.
6. Employment and Economic Impact: Unilever Bangladesh Ltd. plays a vital
role in the Bangladeshi economy by providing direct and indirect employment
opportunities. The company's operations create jobs for thousands of
individuals, supporting livelihoods and economic stability. Moreover,
Unilever Bangladesh Ltd.'s extensive network of suppliers and distributors
contributes to the growth of the broader business ecosystem, generating
economic value across the supply chain.
7. Global Best Practices: As part of the global Unilever group, Unilever
Bangladesh Ltd. benefits from access to best practices, cutting-edge research,
and innovative technologies from around the world. This global perspective
enriches its operations in Bangladesh, enabling the company to bring
international standards of quality and sustainability to the local market.
8. Market Expansion and Future Growth: Unilever Bangladesh Ltd. continues
to explore opportunities for market expansion within Bangladesh. Recognizing
the untapped potential in rural areas, the company has been actively expanding
its presence, aiming to reach a broader consumer base. Furthermore, the
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company's commitment to innovation and sustainability positions it favorably
for future growth and competitiveness in the evolving FMCG landscape of
Bangladesh.
Unilever Bangladesh is a company that has its own history intrinsically built with the
development of its nation and its culture. It has been part of the Bangladeshi
household since the 19th century with the same intention of bringing cleanliness and
convenience to households as Unilever today. Back then Sunlight soap was marketed
through Lever Brothers India limited throughout the undivided India. Later on, Lever
Brothers Pakistan limited started its operation in Bangladesh on a larger scale.
1964: Operations began with two production lines, with the honour of the trial
production in September 1964 going to Lux, Umbrella, and Sunlight.
1965: The inauguration ceremony of the Kalurghat Factory was held on 25 February,
1965, by the then Chairman, G. M. Brock.
1970: The first chairman and CEO, J.P. Newling was appointed.
1972: The brand Wheel was launched, marking a significant milestone in the
company's commitment to providing affordable and high-quality laundry solutions to
consumers.
1973: The company was incorporated as Lever Brothers Bangladesh Ltd. on July 5,
1973.
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1997: Unilever introduced Wheel washing powder and Surf Excel for a premium
wash, easing the burden of washing for busy homemakers.
2001: 2 decades after the launch of PP, the company constructed a new PP Factory.
Production started on 7th September 2001.
2004: Lever Brothers Bangladesh Ltd. changed its name to Unilever Bangladesh
Limited.
2010: UBL receives The Global Unilever Compass Award Action Award.
2012: Kamran Bakr assumed the role of Chairman and Managing Director of UBL as
the first Bangladeshi manager.
2013: UBL won the ‘No.1 Employer of Choice’ award for the first time.
2021: UBL partnered with Narayanganj City Corporation and UNDP to initiate the
first municipality-backed plastic waste collection project in Bangladesh.
2022: UBL received the ‘Asia's Best Employer Brands 2022’ award from the World
HRD Congress, one of the largest gatherings for HR professionals globally.
13
2.8 Explanation of Unilever Bangladesh Ltd. Logo
Naturally, the big blue ‘U’ of our logo stands for Unilever. But look a little closer and
you’ll see there’s much more to it. Each icon within the logo has a rich meaning at its
core, representing an aspect of our business and our purpose to make sustainable
living commonplace. Learn more about them all below
Sun: An infinite source of light and renewable energy. It represents our work to find
innovative ways to reduce the greenhouse gas impact of our products across the
lifecycle.
14
Dove: A symbol of freedom, empowerment, and self-esteem
Bowl: A bowl of great smelling food symbolizes our commitment to great ingredients
and healthy mealtimes.
Flower: A symbol of sensitivity, care, and our respect for beauty; the beauty of our
consumers, and the beauty of nature
15
Chilli pepper: One of the many fresh ingredients in our products. It represents our
commitment to sourcing the agricultural raw materials for our products sustainably.
Over the last fits decades, Unilever Bangladesh has been constantly bringing new and
world class products for the Bangladeshi people to remove the daily drudgery of life.
Over 90% of the country‘s households use one or more of its products.
16
2.9.1 Volume Growth ahead of Unilever Bangladesh Ltd. Market
Performance
The table compares the annual volume growth rates of Unilever Bangladesh's market
performance with the broader Bangladesh FMCG market. Over the past five years,
Unilever Bangladesh has consistently exhibited strong volume growth, outpacing the
general FMCG market in Bangladesh. In 2022, the company is projected to maintain
this trend with an estimated volume growth rate of 8%, while the overall FMCG
market is expected to grow at 6.2%. This data underscores Unilever Bangladesh's
robust presence and its ability to capture a significant share of the growing consumer
demand within the Bangladeshi FMCG sector, positioning it as a market leader.
In terms of Unilever, they have two chairmen leading the company worldwide. They
have seven top directors leading seven different departments. They have divided their
worldwide business into different region and have different business groups to
manage them. Unilever Bangladesh limited falls under the Southeast Asian region.
On a more micro scale, Unilever Bangladesh ltd is monitored by Hindustan lever Ltd.
which oversees operation in Bangladesh, India, Pakistan and Srilanka. The chairman
of Unilever Bangladesh Limited is known as the managing director. The management
staff of the company consists of six layers, starting from junior manager (who are
local managers) to manager grade 5 (who are Unilever managers). Apart from this the
company also hires many non management staff as well as operatives to work in the
factories.
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2.10.1 Unilever Bangladesh Limited structured in the following manner:
Unilever Bangladesh Limited has eight departments to carry out all the organizational
functions. Respective director’s head are head of all departments. These departments
are:
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2.10.2 Principal Operating Units:
Africa; Central Asia & Middle East; China; East Asia Pacific; Latin America;
Diversely Lever; Food & Beverages–Europe; Ice Cream & Frozen Foods–Europe;
Home & Personal Care– Europe; Central & Eastern Europe; Foods–North America;
Home & Personal Care– North America .
Unilever has a portfolio of about 500 brands globally. Worldwide, the products can be
categorized into four sectors:
1) Home Care
2) Personal Care
3) Water Purifier
4) Food and Drink
However, many of these are local that can only be found in certain countries, e.g. Fair
& Lovely. In Bangladesh the number of UBL’s existing brands is 25, which are
categorized in different sections.
Category Product
Fabric Wash ✓ Wheel Laundry Soap
✓ Wheel Washing Powder
✓ Wheel Power White
✓ Surf Excel
Household Care ✓ Vim Powder
✓ Vim Bar
✓ Vim Liquid
Personal Care ✓ International Lux
✓ Lifebuoy Total
✓ Dove bar
✓ Lifebuoy Liquid soap
Water Purifier ✓ Pureit
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Skin Care ✓ Fair & Lovely Multivitamins
✓ Fair & Lovely Body Fairness Milk
✓ Fair & Lovely Ayurvedic
✓ Fair & Lovely Menz Active
✓ Pond’s Age Miracle range
✓ Pond’s Daily Face Wash range
✓ Pond’s Cold Cream
✓ Pond’s Perfect result Cream
✓ Ponds Dream Flower Talc
✓ Pond’s flawless white range
✓ Pond’s White Beauty Range
✓ Pond’s Body Lotion
✓ Lakme skin care products
✓ Dove skin care products
✓ Vaseline skin care products
Hair Care ✓ Sun Silk Shampoo
✓ All Clear Shampoo
✓ Lifebuoy Shampoo
✓ Dove shampoo
✓ All Clear Hair Oil
✓ TRESemme Shampoo
Oral Care ✓ Close-up Toothpaste
✓ Pepsodent Toothpaste
✓ Pepsodent Toothpowder
✓ Pepsodent Tooth brush
Deodorant ✓ Rexona
✓ Axe
Foods ✓ Lipton Taaza Danadar and Strong,
✓ Knorr Noodles and Knorr Soup.
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1) Home Care Products
a. Surf Excel
Surf excel is the highest selling premium washing powder in Bangladesh. Over the
last twenty years it has anticipated the changing washing needs of the Bangladeshi
homemaker and constantly upgraded itself.
b.Vim Bar
The highly popular Vim Bar challenge campaign created quite a hype in households
all over the country. Housewives were challenged that they have never before
experienced such a quick and efficient cleaning effect on their kitchen utensils with
any other product!
The Vim Bar, a revolutionary innovation for household products, brought together
tradition and technology and came up with a dishwash in soap form. The Vim Bar is
a powerful grease cutter that removes tough burnt marks easily. It is also suitable for
all types of dishes and offers easy cleaning with a pleasing lemon fragrance.
c. Wheel
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2) Personal Care Products
a. Lifebuoy
Lifebuoy is a well-known brand in the personal hygiene and health category. The
brand emphasizes the importance of hand washing in preventing illnesses and
maintaining good health. Lifebuoy's communication often includes endorsements by
healthcare experts and reinforces the message that using Lifebuoy soap helps families
stay healthy. In a country like Bangladesh, where hygiene is a top priority, especially
in rural areas, Lifebuoy's branding strategy aligns with consumers' desires for
cleanliness and health. The brand is seen as a trusted choice for effective germ
protection.
b. Lux
• Lux Strawberry and Cream: Every woman wants to be indulged! Use Lux
Strawberry and Cream to fill your skin smooth and silky. Lovingly created
with a sumptuous mix of luscious strawberries and moisturizing cream
extracts that leaves your skin soft.
• Lux Peach and Cream: No women can resist the pleasure of being
pampered. Use Lux Peach and Cream, lovingly created with the blend of juicy
peach and moisturizing cream extracts, for a velvety, soft skin. Just gorgeous!
• Aqua Sparkle: Wake up to a body that looks fresh and full of life. Lux Aqua
Sparkle, with refreshing mineral salts and seaweed extracts, is the best kept
secret to help renew your skin from bored to full of life! There won’t be dull
days!
c. Pond’s
In 1886 it was launched as Pond’s Extract and in 1914 Pond’s Cold Cream and
Vanishing Cream marked the brand’s evolution to a beauty icon. By the mid-1920s it
was reflecting this positioning with endorsements by society beauties. Its stylish
image was underpinned by guarantees of product delivery and an understanding of
women’s beauty routines and needs.
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In 1955 Pond’s Extract Company merged with Chesebrough Manufacturing and in
1987 Unilever purchased Chesebrough-Pond’s. By this time the Pond’s brand had
built up a powerful international presence.
Pond’s Daily Face Wash: Even the best soaps are alkaline, which while cleansing
your face, dries and stretches your skin, resulting in premature wrinkles and lines.
Pond’s Daily Face Wash is 100% soap-free, thus non-alkaline. Its Active Cleansing
System deep cleans without drying. Your face retains its natural moisture and looks
noticeably radiant.
Pond’s Nourishing Facial Scrub: Pond’s Nourishing Facial Scrub brings you the
promise of clean skin that feels softer and nourished. Its Skin Exfoliating and
Revitalizing System contains two kinds of microbeads. The white Scrubbing Beads
help to deep cleanse gently, removing dead skin cells, thus preventing blackheads and
pimples. The orange Nourishing Beads with vitamin C help to nourish the skin. Its
pH-balanced cleanser formula deep cleans without destroying the moisture balance of
the skin.
• Feel the difference from the very first time you use it. It provides:
• Vital Beauty Oils which penetrate deep to provide complete nourishment
• Natural Moisturizing Factors which help retain essential moisture to prevent
dry lines
Pond’s Moisturizing Body Lotion : Pond’s Moisturizing Body Lotion is a light non-
greasy lotion that gives you silky smooth skin. Its formulation is enriched with
moisturizers and vitamin E that with regular use:
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• Softens your skin from within
• Gives your skin a silky smooth feel
d. Close up
Seeing the success that Unilever Bangladesh had with low unit price packs in other
categories, a sachet – more popularly called mini pack – met with astounding success
and enabled millions of youth, who aspired for a modern trendy brand but were
unable to afford one, to use the brand.
Glow & Lovely, formerly known as Fair & Lovely, focuses on skincare products,
particularly skin lightening creams. It emphasizes the transformative power of the
product, making it appealing to consumers who desire an even complexion. However,
it's important to note that the brand has evolved to promote inclusivity and celebrate
all skin types and shades.
a. Clear: Clear is a brand that specializes in hair care products, particularly anti-
dandruff shampoos. In Bangladesh, where hair health is a significant concern, Clear
positions itself as a solution to dandruff and scalp-related issues. Its branding strategy
emphasizes the effectiveness of its products in maintaining healthy and dandruff-free
hair. Clear's communication often includes endorsements by experts, reinforcing trust
in the brand's solutions for hair care.
b. Dove: Dove is a brand celebrated for its focus on beauty and skincare. The brand
encourages consumers to embrace their natural beauty and feel confident in their skin.
Dove's communication in Bangladesh highlights qualities like smoothness, hydration,
and nourishment, aligning with consumers' aspirations for healthy and beautiful skin.
24
level hair care results at home. In a market where well-groomed hair is highly valued,
Tresemme's branding strategy resonates with consumers who seek salon-quality hair
care solutions.
d. Vaseline: Vaseline is known for its skincare products, especially petroleum jelly.
In Bangladesh, Vaseline's branding strategy centers on the idea of skin protection and
nourishment. The brand communicates its role in shielding the skin from harsh
environmental conditions and keeping it soft and moisturized. Vaseline's products are
trusted by consumers in Bangladesh for their reliability in skincare.
4) Food Products
a. Taaza: Taaza consistently delivers on its promise of freshness with the help of
Unilever’s world-class buyers and blenders. Taaza is available as:
• Taaza Danedar The classic Taaza blend that gives a sweet liquor with
brilliant colour and aroma, a cup of tea filled with daylong freshness.
• Taaza Teabag Taaza’s special double chamber flow-through teabag provides
a cup of tea with exceptionalcolourand taste. Consumers now have the option
to customize their own cup of tea, the way they like it light, regular or strong.
b. Knorr
The product's quick preparation time and a wide range of flavors, including chicken,
masala, and more, make it an ideal choice for those looking for a tasty and time-
efficient meal.
Knorr Soup has successfully adapted to local tastes and preferences, incorporating
ingredients and flavors commonly found in Bangladeshi cuisine. This approach
ensures that consumers in Bangladesh can enjoy a bowl of soup that is both familiar
and delicious. The product is often used not only as a standalone dish but also as an
ingredient in various recipes, making it a versatile choice for households.
Market Market
Skimming Premium
Pricing Pricing
Market Market
Economy Penetration
Pricing Pricing
26
1. Market Skimming Pricing:
Skimming pricing is a strategy where a company initially sets a high price for a new
product and gradually lowers it over time. This approach is typically used for products
that have unique features or innovations and target early adopters willing to pay a
premium. Unilever Bangladesh may apply skimming pricing in the following manner:
In this strategy where a company sets a relatively high price for its products to
position them as premium or high-end offerings. This strategy is typically employed
when a company wants to convey quality, exclusivity, and uniqueness. Unilever
Bangladesh may implement premium pricing as follows:
Dove, a Unilever brand, introduces a new line of shampoos specifically designed for
hair repair. To emphasize the premium quality and the use of advanced hair care
technology, Dove prices these shampoos higher than its standard variants. The
packaging, labeling, and marketing materials highlight the product's premium features
and benefits, targeting consumers who are willing to pay extra for top-quality hair
care.
27
3. Market Penetration Pricing:
Penetration pricing involves setting an initially low price for a product to quickly gain
market share. This strategy is often used when a company wants to enter a
competitive market or increase its market presence rapidly. Unilever Bangladesh may
employ penetration pricing as follows:
Unilever's Close Up toothpaste line introduces a new variant with advanced teeth-
whitening technology. To quickly gain market share and compete with established
toothpaste brands, Close Up employs penetration pricing. It initially prices the new
toothpaste significantly lower than similar premium teeth-whitening toothpaste
options in the market. This attractive pricing strategy entices cost-conscious
consumers to try the product. Over time, as Close Up solidifies its position and builds
brand loyalty, it may consider gradual price adjustments. This approach allows Close
Up to enter the market swiftly and establish itself as an affordable yet effective choice
for teeth whitening.
4. Economy Pricing:
Economy pricing, on the other hand, is a strategy where a company sets a price point
that is lower than the competition to cater to price-sensitive consumers. This approach
is often used to gain a competitive edge in cost-conscious markets or during economic
downturns. Unilever Bangladesh may employ economic pricing as follows:
Unilever's Wheel brand, known for affordability and value, uses economic pricing for
its laundry soap. In a price-sensitive market like Bangladesh, where many consumers
prioritize budget-friendly options, Wheel offers its laundry soap at a price
significantly lower than premium brands. This strategy targets consumers who seek
effective cleaning solutions without straining their budgets.
28
2.8.2.2 Product-Mix Pricing Strategies
29
"Pepsodent" toothpaste during dental health awareness months, encouraging
customers to stock up on the product at a reduced price.
7. Value Pricing:
Value pricing emphasizes the product's value compared to competitors. For
their "TRESemmé" hair care products, Unilever Bangladesh could position
them as offering superior quality at a reasonable price, highlighting the value
they provide to customers.
8. Geographical Pricing:
Geographical pricing considers different prices based on the location. Unilever
Bangladesh may apply this strategy by pricing "Lux" soaps differently in
urban and rural areas, accounting for variations in purchasing power and
consumer behavior.
Pull Strategy
In this promotion involve strategies that aim to attract customers towards a product or
brand. These tactics focus on creating consumer demand and pulling customers into
making a purchase.
30
3. Social Media Marketing: Unilever actively engages with consumers on
social media platforms like Facebook, Instagram, and Twitter. Through
interactive posts and sponsored content, they build a community and engage
users. For example, Unilever's Facebook page for Pond's features beauty tips
and tutorials, encouraging users to interact and learn more about Pond's
products.
4. Influencer Marketing: Unilever collaborates with local influencers and
beauty experts to promote its products. For Clear Men shampoo, Unilever
partners with a popular male grooming influencer who creates content about
Clear Men's effectiveness in reducing dandruff. These influencers pull in their
followers, encouraging them to try Clear Men products.
5. User-Generated Content (UGC): Unilever encourages consumers to share
their experiences with its products. For example, they run social media
campaigns where users share photos and reviews of their favorite Vaseline
skincare products. UGC acts as a pull strategy by showcasing real consumers'
positive experiences.
6. Loyalty Programs: Unilever runs loyalty programs, such as the Sunsilk Hair
Experts Club, where consumers can earn rewards for purchasing Sunsilk
products. These programs create a sense of loyalty and pull consumers back to
Unilever brands for future purchases.
Push Strategy
It involves strategies that push a product or brand towards customers. These tactics
are typically used in distribution and trade channels to ensure that products are readily
available to consumers
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are equipped with marketing materials and samples. For example, sales
representatives for Lux soap are trained to highlight the soap's skin benefits
and its appeal to consumers. By educating and motivating the sales force,
Unilever ensures that its products are effectively promoted to retailers and
distributors.
3. Trade Discounts: Unilever offers trade discounts to retailers and distributors
as an incentive to carry its products. These discounts encourage wholesalers
and retailers to prioritize Unilever products in their inventory. For instance,
Unilever might offer a seasonal discount on its food products like Knorr
noodles, making them more attractive to retailers.
4. Point of Purchase Displays: Unilever strategically places point-of-purchase
displays in retail stores. These displays feature Unilever products prominently
and include eye-catching visuals. For example, a well-designed display for
Lifebuoy hand wash near the store's entrance encourages impulse purchases.
Such displays effectively push Unilever products to consumers at the moment
of purchase decision.
5. Trade Allowances: Unilever Bangladesh offers trade allowances to retailers,
which can include financial incentives or promotional support for in-store
advertising. For instance, Unilever may provide financial support to a retailer
to run a special promotion on Sunsilk shampoo, thereby pushing the product
and increasing its visibility among consumers.
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2.8.4.1 Consumer Marketing Channels
Manufacturer Consumer
33
Unilever Bangladesh also employs wholesalers in its distribution network.
Wholesalers purchase products in bulk from the manufacturer and then
distribute them to retailers. Retailers, in turn, sell these products to consumers.
This channel ensures efficient distribution, especially in densely populated
areas.
For instance, Unilever's "Surf Excel" detergent may follow this channel, with
wholesalers ensuring a steady supply to local retailers.
• Three Level Channel
A. Corporate VMS:
Unilever directly manages and controls the entire distribution process. For instance,
they may own and operate their retail stores, ensuring that products are available,
well-promoted, and consistently branded.
B. Contractual VMS:
35
C. Administered VMS:
Here, Unilever holds a dominant position in the industry, allowing it to influence the
distribution channel. They may provide extensive support and incentives to retailers,
encouraging them to prioritize Unilever products. This approach is often seen in fast-
moving consumer goods (FMCG) where Unilever's well-established brands naturally
attract retailers
Example: Unilever Bangladesh collaborates with multiple retail chains in the country,
such as supermarket chains and convenience stores, to collectively promote and
distribute its products. These retailers work together with Unilever to maximize
market penetration and customer reach.
Example: Unilever Bangladesh may utilize a hybrid system by directly managing the
distribution of some of its premium brands, ensuring strict control over quality and
branding (corporate VMS), while also partnering with local franchisees to expand
reach in smaller, remote areas (contractual VMS). This hybrid approach allows them
to maintain brand consistency and availability across diverse markets.
36
2.9 SWOT Analysis of UBL
Strengths
37
Weaknesses
Opportunities
Threats
38
Chapter 03
Theoretical Frameworks
3.1 Definition of Integrated Marketing Communications (IMC)
Don Schultz and Philip Kotler- "IMC is the process of developing and
implementing various forms of persuasive communications programs with customers
and prospects over time."
Philip Kitchen and Don Schultz- "IMC is a strategic business process used to plan,
develop, execute, and evaluate coordinated, measurable, persuasive brand
communication programs over time with consumers, customers, prospects, and other
targeted, relevant external and internal audiences."
Patrick De Pelsmacker, Maggie Geuens, and Joeri Van den Bergh- "IMC involves
the integration of companies’ marketing communication strategies in both online and
offline channels."
Kliatchko (2008)- "IMC is the totality of written and oral messages used for brand
communication. It is a management process that ensures all brand contacts received
by a customer or prospect for a product, service, or organization are relevant to that
person."
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Belch and Belch (2014): "IMC is a strategic business process that marketers use to
plan, develop, execute, and evaluate coordinated, measurable, persuasive brand
communication programs with consumers, customers, prospects, employees, and
other relevant external and internal audiences."
IMC is a strategic approach that involves the coordination and integration of various
marketing communication components to convey a unified and consistent message to
target audiences. These components work together to create a cohesive brand image
and deliver a compelling message. Key components of IMC include:
1. Advertising:
Advertising is a pivotal component of Integrated Marketing Communication
(IMC) that encompasses both traditional and digital mediums. Traditionally,
this involves print advertisements in newspapers and magazines, television
commercials, and radio spots. In the digital age, advertising extends to online
channels, including social media, websites, and search engines. It's a strategic
tool used to create brand awareness, deliver key messages, and influence
consumer behavior. By utilizing diverse advertising platforms, companies like
Unilever Bangladesh Ltd. can reach a broader audience, tailor their messaging,
and adapt to the changing preferences of consumers in the dynamic FMCG
sector. Some key highlight points:
• Utilizes diverse mediums like print, TV, radio, and digital platforms.
• Targets a wide audience to build brand awareness and deliver key
messages.
• Allows for tailored messaging and adaptation to changing consumer
preferences.
• Measured through metrics such as reach, impressions, click-through
rates, and conversions.
• Often employs creative visuals and storytelling to engage consumers.
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Ltd., PR activities involve fostering positive relationships with various
stakeholders, including the media, consumers, and the community. This is
achieved through media relations, where the company interacts with
journalists and publications to disseminate news and information about its
products, initiatives, and corporate social responsibility efforts. Additionally,
PR involves crafting press releases to communicate important announcements
and events effectively. Events such as product launches and sustainability
initiatives help create a positive image for Unilever Bangladesh Ltd. PR, as a
component of IMC, reinforces brand credibility and trust, which are crucial in
the competitive FMCG market.
Some key highlight points:
• Focuses on managing brand reputation and fostering positive
relationships.
• Involves media relations to interact with journalists and publications.
• Utilizes press releases to communicate important company news and
events.
• Enhances brand credibility and trust in the eyes of consumers.
• Engages in community-oriented events and initiatives for a positive
social impact.
3. Sales Promotion:
Sales Promotion is a crucial element within the framework of IMC. It
encompasses a wide range of tactics and techniques aimed at stimulating
immediate sales and boosting consumer engagement. These promotions can
take various forms, including discounts, coupons, contests, giveaways, loyalty
programs, and limited-time offers. The primary goal of sales promotion is to
incentivize consumers to make a purchase or take a specific action swiftly. For
Unilever Bangladesh Ltd., this may involve running promotions for its FMCG
products, such as offering discounts on personal care items or conducting
online contests to engage consumers. Effectively executed sales promotions
can not only increase sales but also foster brand loyalty and provide valuable
data for future marketing strategies.
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Some key highlight points:
• Encompasses a diverse range of strategies, from discounts to contests.
• Designed to generate quick and measurable results in terms of sales
and consumer response.
• Encourages active participation, such as filling out surveys or joining
loyalty programs.
• Typically, sales promotions are time-bound, creating a sense of
urgency.
• Often involves collecting consumer data for future marketing efforts.
• Well-planned promotions can cultivate brand loyalty among
consumers.
• Provides a competitive edge by attracting consumers with enticing
offers.
• Sales promotions are strategically aligned with marketing objectives to
drive sales and brand recognition.
• Effectiveness is assessed through metrics like sales figures, redemption
rates, and customer acquisition.
4. Direct Marketing:
Direct Marketing constitutes a highly targeted and personalized facet of IMC.
It involves engaging with consumers on an individual basis through various
direct channels, including email, direct mail, and telemarketing. The core
objective of direct marketing is to establish one-on-one connections with
consumers, delivering tailored messages, offers, and product information. For
Unilever Bangladesh Ltd., this component allows for direct communication
with potential and existing customers, offering those personalized promotions
or product recommendations based on their preferences and previous
interactions. Direct marketing's advantage lies in its ability to foster customer
loyalty, track response rates, and generate valuable data for refining marketing
strategies.
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Some key highlight points:
➢ Personalized Engagement: Targets individual consumers with
messages and offers tailored to their preferences.
➢ Multi-Channel Approach: Utilizes various direct channels, including
email, direct mail, and telemarketing.
➢ Customer Retention: Effective direct marketing efforts can lead to
increased customer loyalty and repeat business.
➢ Data-Driven: Collects and analyzes customer data to inform
marketing decisions and enhance personalization.
➢ Response Tracking: Allows for precise measurement of response
rates and campaign effectiveness.
➢ Lead Generation: Generates leads and inquiries that can be converted
into sales.
➢ Cost-Efficiency: When well-targeted, direct marketing can be a cost-
effective method of customer acquisition and retention.
➢ Relationship Building: Nurtures long-term relationships with
customers through ongoing communication.
➢ Permission-Based: Adheres to permission-based marketing, ensuring
compliance with data privacy regulations.
➢ Segmentation: Segments customer lists based on demographics,
behaviors, and preferences for precise targeting.
5. Digital Marketing:
Digital Marketing is an integral part of IMC that leverages the power of online
platforms and technologies to connect with and engage the target audience.
This component encompasses a wide range of strategies and channels,
including social media, websites, content marketing, and search engine
optimization (SEO). For Unilever Bangladesh Ltd., digital marketing serves as
a dynamic tool for reaching consumers in the digital age, where online
presence and engagement are paramount. It involves creating compelling
content, optimizing web visibility, and utilizing social media platforms to
interact with consumers, thereby enhancing brand awareness, customer
engagement, and ultimately, driving sales.
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Some key highlight points:
✓ Multi-Channel Approach: Utilizes various digital channels, including
social media, websites, email marketing, and SEO.
✓ Content Marketing: Creates valuable, relevant, and consistent content
to attract and engage the target audience.
✓ Social Media Engagement: Leverages social media platforms like
Facebook, Instagram, and Twitter for brand promotion and interaction
with consumers.
✓ Search Engine Optimization (SEO): Enhances website visibility in
search engine results to increase organic traffic.
✓ Email Marketing: Utilizes email campaigns to nurture leads and
maintain customer relationships.
✓ Analytics and Data-Driven: Relies on data analytics to track and
measure campaign performance for optimization.
✓ Personalization: Tailors content and offers to specific audience
segments for higher relevance.
✓ Mobile Optimization: Ensures digital content is mobile-friendly to
cater to the growing mobile user base.
✓ Customer Feedback and Reviews: Encourages and manages online
customer reviews and feedback for brand reputation.
✓ Continuous Adaptation: Adapts strategies and content to align with
evolving digital trends and consumer behaviors.
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include metrics such as increased brand awareness, improved consumer perception, or
higher sales conversion rates. By defining specific objectives, IMC strategies become
more focused and accountable.
D • DEFINING
A • ADVERTISING
G • GOAL
M • MEASURED
A • ADVERTISING
R • RESULT
3.3.2 The AIDA Model (Attention, Interest, Desire, and Action): AIDA is a classic
framework that outlines the stages a consumer typically goes through when exposed
to marketing messages: attention, interest, desire, and action. In the FMCG sector,
particularly in a price-sensitive market like Bangladesh, guiding consumers through
these stages is essential. IMC campaigns can be structured to capture consumer
attention, pique interest, create desire for products, and encourage immediate actions
like purchases or registrations.
3.3.3 The IMC Mix Model: This model emphasizes the strategic integration of
various communication tools within the marketing mix, which includes product, price,
place, and promotion. In the FMCG context, where product availability and
affordability are significant factors, IMC efforts can be coordinated with pricing
strategies and distribution channels. For example, promotional offers can align with
product launches, ensuring a synchronized consumer experience.
3.3.4 The Brand Touch points Model: This framework focuses on the various touch
points where consumers interact with a brand, including advertising, social media,
customer service, and in-store experiences. For FMCG companies, understanding
these touch points and ensuring consistency in messaging across them is vital. IMC
strategies should address each touch point to maintain a cohesive brand image and
influence consumer behavior positively.
46
3.3.5 The Integrated Marketing Communication Planning Model: This
comprehensive model involves stages such as situation analysis, marketing
communication objectives, message development, media selection, and evaluation. In
the FMCG sector in Bangladesh, where competition is fierce, a well-structured
planning model ensures that IMC efforts are data-driven and results-oriented. This
approach helps companies identify opportunities and challenges, set clear objectives,
create compelling messages, choose the most appropriate communication channels,
and assess the impact of their campaigns.
1. Cultural Factors:
2. Social Influences:
Social factors, including family, peers, and social networks, play a crucial role in
shaping consumer behavior. In Bangladesh, where family bonds are strong, family
members' opinions and recommendations can greatly influence purchase decisions.
FMCG companies can leverage social influences in IMC by emphasizing the
product's benefits for family use or highlighting its popularity among peers.
47
3. Economic Conditions:
Economic factors, such as income levels and economic stability, impact consumer
spending patterns. In Bangladesh, varying income levels across different segments of
the population can lead to distinct purchasing behaviors. FMCG companies need to
consider affordability when pricing products and develop IMC strategies that appeal
to both budget-conscious consumers and those seeking premium offerings.
5. Psychological Factors:
Economic Theories
Psychological Theories
Cognitive Theory
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3.5.1 Economic Theories:
Economic theories, such as utility theory and rational choice theory, form the basis for
understanding how consumers make purchasing decisions. In the context of FMCG
products in Bangladesh, where price sensitivity often plays a significant role,
economic theories help explain how consumers assess the value of products and make
choices based on factors like price, utility, and perceived benefits. Integrated
marketing communication programs can influence these economic considerations by
emphasizing value propositions, discounts, and affordability to align with consumer
economic rationality.
49
Integrated marketing communication strategies can align with cognitive theory by
providing clear, concise information, addressing consumer doubts, and minimizing
cognitive dissonance, ultimately influencing informed purchase decisions.
Social psychological theories, such as social influence theory and reference group
theory, provide valuable insights into how consumers are influenced by their social
environment and interactions with others.
In Bangladesh, where social bonds and community play a significant role in consumer
decisions, these theories are particularly relevant.
This model represents a linear process where consumers move through stages from
awareness to consideration, evaluation, purchase, and post-purchase evaluation. In
Bangladesh's FMCG market, this model is relevant as consumers often follow a step-
by-step process when making routine purchases.
IMC efforts can be designed to address each stage, such as creating awareness
through advertising and facilitating evaluation through product reviews and
promotions.
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3.6.2 The Howard-Sheth Model of Buyer Behavior:
This model takes a more complex view of consumer behavior, considering factors like
information processing and perception.
In the FMCG context in Bangladesh, where consumers may encounter a wide array of
choices, this model is relevant. IMC strategies should align with consumer
information processing capabilities and perceptions, ensuring that messages are clear,
concise, and resonate with their preferences.
This model emphasizes the role of external influences and the consumer's decision-
making process. It considers factors like problem recognition, information search,
evaluation of alternatives, and post-purchase evaluation.
In Bangladesh, where word-of-mouth and social influences are strong, this model
highlights the importance of incorporating social networks and peer recommendations
into IMC strategies.
This model recognizes that consumers no longer follow a linear path but engage in
ongoing evaluation and engagement with brands and products. In the FMCG sector in
Bangladesh, where consumers are exposed to continuous marketing messages, this
model underscores the importance of maintaining brand engagement beyond the
purchase stage.
IMC strategies should aim for post-purchase satisfaction and loyalty to influence
future decisions.
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Chapter 04
This alignment fosters brand loyalty and trust among consumers, who appreciate the
company's genuine dedication to causes that resonate with the local population.
Unilever Bangladesh Ltd IMC efforts excel in delivering clear and memorable
messages. Through creative storytelling, visually compelling content, and effective
messaging techniques, consumers not only comprehend the brand's message but also
retain it in their memory.
1. Consistency in Messaging:
51
commercial, a social media post, or a print advertisement, they receive a coherent and
unified brand message. This consistency is critical because it helps in reinforcing
brand recognition and recall. When consumers repeatedly encounter the same
message, it creates a sense of familiarity and trust. UBL commitment to maintaining
this consistency ensures that consumers have a clear understanding of what the brand
stands for and what it offers. This, in turn, contributes to building a strong and
enduring brand image.
Effective IMC programs, such as those employed by Unilever Bangladesh Ltd (UBL),
are closely aligned with the core values and brand identity of the company. UBL
brand identity is characterized by values such as sustainability, health, and hygiene. In
practice, this alignment means that UBL marketing materials and campaigns
consistently emphasize these values. For example, they might highlight sustainable
sourcing of ingredients, promote healthy living, or emphasize the importance of
hygiene in daily life. This alignment resonates with consumers in Bangladesh who
appreciate brands that not only offer quality products but also reflect values that are
meaningful to them. It fosters a sense of trust and connection between the brand and
its customers, strengthening brand loyalty.
UBL IMC programs are highly effective in delivering clear and memorable messages.
The clarity of the message ensures that consumers not only understand what the brand
is communicating but also retain it in their memory. Achieving memorability is
crucial in the world of marketing because it means that the brand's message is more
likely to stay with consumers, even after they have seen or heard the advertisement.
UBL achieves this by using creative storytelling techniques, visually appealing
content, and messaging that resonates with the target audience. As a result, consumers
are not just exposed to marketing messages; they are engaged and impacted by them,
which is essential for creating a lasting brand impression.
Unilever Bangladesh Ltd adept use of digital media, including social media platforms
like Facebook, Instagram, and YouTube, is a standout feature of its IMC programs. In
52
the digital age, consumers are increasingly active online, and UBL effective use of
digital channels enables it to engage with a wide range of consumers, particularly the
younger demographic. The key to this effectiveness lies in the brand's ability to tailor
its messaging and content to suit the preferences of each digital platform. For
example, on Instagram, UBL might employ visually appealing content, while on
Facebook, it might focus on informative and engaging posts. This adaptability ensures
that UBL's digital presence remains relevant and engaging, allowing the brand to
reach and connect with its target audience effectively.
UBL IMC programs excel in engaging with their target audience in Bangladesh. This
goes beyond just reaching consumers; it involves actively connecting with them on a
personal and emotional level. Unilever Bangladesh Ltd achieves this by crafting
marketing messages and campaigns that resonate with the specific needs, preferences,
and cultural nuances of the Bangladeshi population. They conduct thorough market
research to understand their audience's aspirations, challenges, and values. As a result,
consumers feel a genuine connection with the brand. UBL marketing efforts address
issues that are relevant to the local context, making consumers more likely to relate to
and engage with the brand.
The effectiveness of UBL IMC programs is clearly evident in the widespread brand
awareness and recognition they have achieved in Bangladesh. Consumers are not only
familiar with Unilever's diverse range of products but also readily identify with the
brand's commitment to social and environmental responsibility. This level of
recognition is a testament to the consistency and reach of UBL marketing efforts.
Through various communication channels and impactful campaigns, Unilever
Bangladesh Ltd has successfully ingrained its brand image into the minds of
consumers, making it a trusted and recognizable household name.
Trust and credibility are paramount in marketing, and UBL has managed to instill
these qualities in its brand. Consumers trust the information presented in UBL's
marketing materials because the company has a longstanding presence in Bangladesh,
53
dating back several decades. Over the years, UBL has consistently delivered on its
promises of quality, sustainability, and corporate responsibility. This reliability has
established a deep sense of trust and credibility among consumers. They believe that
UBL products and messaging are not just marketing tactics but genuinely reflect the
brand's commitment to making a positive impact on society and the environment.
UBL IMC programs stand out through their innovation and differentiation strategies.
The brand continually seeks new ways to captivate consumers and distinguish itself
from competitors. This can manifest in various forms, from groundbreaking product
launches that address emerging consumer needs to unique and creative advertising
campaigns that leave a lasting impression.
After analyzing the survey statistics and secondary data I have tried to narrate them
with the research objectives. Furthermore, to find out respondents’ perceptions on the
evaluating the effectiveness of integrated marketing communications adopted by
Unilever Bangladesh Ltd. On the survey, I picked 30 respondents. They put their
opinions on the survey questionnaire. I have measured the effectiveness of integrated
marketing communication programs adopted by Unilever Bangladesh Ltd through
several questions and measurement scales, ratings and points. The analysis with
interpretation is given below:
54
4.2.1 Age Group
Age
18-24 25-32 33-40 41-48 49-60
6%
7% 19%
10%
58%
Interpretation
In the survey conducted with 30 respondents, the majority comprising 60% fell within
the age range of 25-32. Additionally, 20% were aged 18-24, while smaller
percentages were in the older age categories.
55
4.2.2 Gender
Gender
Male Female
40%
60%
Interpretation
The survey's gender distribution shows that 60% of the respondents were male, while
40% were female. This balanced gender representation enhances the diversity and
inclusivity of the study's findings.
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4.2.3 Occupation
Occupation
Student Service Holder Businessman Hoursewife Others
3%
7%
10%
10%
70%
Interpretation
The survey results indicate that the majority of respondents, at 63%, are students.
Furthermore, 10% are employed in the service sector and an equal percentage are
involved in business activities, with 7% being housewives, while 3% fall into other
occupational categories.
57
4.2.4 Martial Status
Martial Status
Married Unmarried
20%
80%
Interpretation:
On this survey has found that almost 80% respondents are unmarried and 20%
respondents are married.
58
4.2.5 Geographic Area
Geographic
Urban Suburaban Rural
12%
18%
70%
Interpretation:
The survey data reveals that the majority of respondents, comprising 70%, are from
urban areas, followed by 18% from suburban areas and 12% from rural areas.
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4.3 Survey Analysis and Interpretation
4.3.1 How frequently do you purchase UBL products? What’s your opinion?
0%
3%
37%
60%
Interpretation:
The survey data indicates that a significant majority, 97% in total (60% very often,
37% occasionally), frequently purchase UBL products, while only 3% purchase them
rarely, and none have never made such purchases.
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4.3.2 What is your most frequently used UBL soap for personal care? What’s
your opinion?
Table No 10: Respondents' opinion on the most frequently used UBL soap for
personal care.
26%
32%
42%
Interpretation:
The survey data indicates that among respondents, 42% most frequently use Lifebuoy,
32% opt for Lux, and 26% favor Dove for personal care, highlighting varying product
preferences within Unilever Bangladesh Ltd.
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4.3.3 What factors do you consider most important while choosing a UBL
product? What’s your opinion?
19%
41%
14%
26%
Interpretation:
According to the survey, respondents primarily consider price (41%) as the most
important factor when choosing a UBL product, followed by product quality (26%),
promotions and discounts (19%), and packaging (14%).
62
4.3.4 How likely are you to choose a Unilever product with a promotional offer,
such as 20% extra quantity at the same price? What’s your opinion?
0% 0%
15%
50%
35%
Interpretation:
The survey data reveals that a significant majority, 85% in total (50% very likely,
35% likely), are inclined to choose a Unilever product with a promotional offer, while
15% remain neutral on this matter, with no respondents expressing an unlikely or very
unlikely preference.
63
4.3.5 Lux recently launched a promotional offer on social media for Lux Bar 150
gm, where you can get a 10% discount on the product. Are you interested in
making a purchase?"
Yes, I have seen this offer. No, I have not seen this offer.
30%
70%
Interpretation:
The survey shows a strong interest in Lux Bar's promotional offer, with 70% of
respondents indicating their intent to make a purchase, highlighting the offer's
effectiveness.
64
4.3.6 Unilever Bangladesh advertising campaigns effectively engage with their
target audience. What’s your opinion?
0% 0%
10%
30%
60%
65
4.3.7 Do you agree Unilever Bangladesh marketing communication aligns with
its brand values and mission? What’s your opinion?
0% 0%
10%
30%
60%
Interpretation:
The data shows that a significant majority (60% strongly agree, 30% agree) believe
Unilever Bangladesh's marketing communication aligns with its brand values and
mission, with no reported disagreements.
66
4.3.8 Unilever Bangladesh public relations efforts significantly contribute to
enhancing their overall brand image. What’s your opinion?
3%
3%
10%
46%
38%
Interpretation:
67
4.3.9 Do you think Unilever marketing communication strategies resonate with
the local culture? What’s your opinion?
0%
3%
7%
30%
60%
Interpretation:
The data indicates that a significant portion of respondents (60% agree, 30% strongly
agree) finds that Unilever's marketing communication strategies effectively resonate
with the local culture, while a small minority disagrees (3%).
68
4.3.10 The active presence of Unilever Bangladesh on social media positively
impacts consumer perceptions of the brand. What’s your opinion?
0%
4%
14%
27%
55%
Interpretation:
The survey data reveals that a majority of respondents (55% agree, 27% strongly
agree) believe that Unilever Bangladesh's active presence on social media
significantly enhances consumer perceptions of the brand, with only a small
percentage in disagreement (4%)
69
4.3.11 Unilever Bangladesh advertising consistently conveys their brand message
to consumers effectively What’s your opinion?.
0% 0%
10%
20%
70%
70
4.3.12 The promotional campaigns by Unilever Bangladesh often persuade
consumers to make purchase decisions. What’s your opinion?
0%
6%
17%
44%
33%
71
4.3.13 The convenience and accessibility of Unilever products play a crucial role
in influencing purchase decisions. What’s your opinion?
0% 0%
10%
30%
60%
72
4.3.14 Unilever Bangladesh use of storytelling in their marketing content
strongly resonates with customers. What’s your opinion?
0%
5%
28%
20%
47%
Interpretation: The survey data reveals that Unilever Bangladesh's use of storytelling
in marketing content strongly resonates with most customers, with 75% in agreement.
However, a minority (20%) remains neutral, and 5% disagree with this approach.
73
4.3.15 Unilever Bangladesh marketing campaigns effectively convey the benefits
of its products. What’s your opinion?
0% 0%
5%
35%
60%
74
4.3.16 Unilever Bangladesh distribution network ensures timely product
availability when needed. What’s your opinion?
0% 0%
10%
50%
40%
75
4.3.17 Unilever effectively utilizes customer feedback in its marketing
communication. What’s your opinion?
0% 0%
10%
50%
40%
Interpretation: The survey data indicates that 90% of respondents (50% strongly
agree, 40% agree) that Unilever effectively utilizes customer feedback in its
marketing communication. This reflects a positive perception of the company's
responsiveness to customer input, which can contribute to stronger customer
relationships and improved marketing strategies.
76
4.3.18 Unilever Bangladesh use of celebrity endorsements enhances its brand
image. What’s your opinion?
0% 0%
10%
40%
50%
77
4.3.19 Do you think Unilever Bangladesh Ltd marketing campaigns contribute to
its sales growth? What’s your opinion?
0%
5% 3%
34%
58%
Interpretation: The data indicates that 92% of respondents (58% strongly agree, 34%
agree) believe that Unilever Bangladesh Ltd marketing campaigns contribute to its
sales growth, with only 8% expressing neutral or disagreeing opinions.
78
4.3.20 Unilever Bangladesh customer service effectively handles and resolves
customer concerns. What’s your opinion?
0% 0%
20% 20%
60%
Interpretation:
The data indicates that 80% of respondents (20% strongly agree, 60% agree) believe
that Unilever Bangladesh's customer service effectively handles and resolves
customer concerns, with no reported disagreements.
79
4.3.21 Unilever Bangladesh promotional discounts effectively encourage
customers to try new products. What’s your opinion?
0% 0%
5%
30%
65%
Interpretation:
The survey data indicates that a significant majority, 95% respondents believe that
Unilever Bangladesh's promotional discounts effectively encourage customers to try
new products, with 5% expressing a neutral opinion.
80
4.3.22 The packaging design of Unilever Bangladesh products is user-friendly
and attractive. What’s your opinion?
0% 0%
10%
40%
50%
Interpretation:
According to the survey, the majority, 90% (40% and 50%) respondents believe that
Unilever Bangladesh's product packaging design is user-friendly and attractive, with
10% expressing a neutral opinion. No disagreements were reported.
81
4.3.23 Unilever Bangladesh product pricing is competitive within the FMCG
market. What’s your opinion?
0% 0%
5%
25%
70%
Interpretation:
The survey indicates that a significant majority, 95%, believe that Unilever
Bangladesh's product pricing is competitive within the FMCG market, with 5%
expressing a neutral opinion. No disagreements were reported.
82
4.3.24 Advertising campaigns by Unilever Bangladesh instill a sense of trust and
reliability in consumers. What’s your opinion?
0% 0% 0%
30%
70%
Interpretation:
The survey reveals that an overwhelming majority, 70% and 30% respondents believe
that Unilever Bangladesh's advertising campaigns instill a sense of trust and reliability
in consumers. No neutral or disagreeing opinions were reported.
83
4.3.25 Unilever Bangladesh consistently meets customer expectations regarding
product quality. What’s your opinion?
0% 0% 0%
30%
70%
Interpretation:
The survey data indicates that an overwhelming majority, 100% (70% and 30%)
respondents believe that Unilever Bangladesh consistently meets customer
expectations regarding product quality. No neutral or disagreeing opinions were
reported
84
4.3 Summary of Survey Questionnaire
Table for survey questionnaire measuring the effect of the IMC program in Unilever
Bangladesh Ltd.
85
8. The convenience and 60% 30% 10% 0% 0%
accessibility of Unilever
products play a crucial
role in influencing
purchase decisions.
9. Unilever Bangladesh 28% 47% 20% 5% 0%
use of storytelling in
their marketing content
strongly resonates with
customers.
10. Unilever Bangladesh 60% 35% 5% 0% 0%
marketing campaigns
effectively convey the
benefits of its products.
11. Unilever Bangladesh 50% 40% 10% 0% 0%
distribution network
ensures timely product
availability when
needed.
12. Unilever effectively 30% 40% 20% 10% 0%
utilizes customer
feedback in its
marketing
communication.
13. Unilever marketing 40% 50% 10% 0% 0%
campaigns are relevant
to current consumer
trends.
14. Unilever Bangladesh 58% 34% 5% 3% 0%
use of celebrity
endorsements enhances
its brand image.
15. Unilever Bangladesh 20% 60% 20% 0% 0%
customer service
effectively handles and
resolves customer
concerns.
86
effectively encourage
customers to try new
products.
17. The packaging design of 40% 50% 10% 0% 0%
Unilever Bangladesh
products is user-
friendly.
18. Unilever Bangladesh 70% 25% 5% 0% 0%
product pricing is
competitive within the
FMCG market.
19. Advertising campaigns 70% 30% 0% 0% 0%
by Unilever Bangladesh
instill a sense of trust
and reliability in
consumers.
20. Unilever Bangladesh 70% 30% 0% 0% 0%
consistently meets
customer expectations
regarding product
quality.
Table No 34: Summary of survey questionnaire
Interpretation:
The survey questionnaire in this study focuses on assessing the evaluating the
effectiveness of Integrated Marketing Communications (IMC) strategies employed by
Unilever Bangladesh Ltd (UBL). Comprising 25 thoughtfully designed questions, it
investigates various dimensions of UBL marketing and communication tactics. The
survey begins by examining the resonance of UBL advertising campaigns with the
target audience, their alignment with brand values, and their cultural impact. It further
explores the influence of public relations, social media presence, and storytelling in
marketing. Additionally, the questionnaire assesses the impact of promotional
campaigns, product accessibility, and conveying product benefits. It also gauges
opinions on distribution network efficiency, message frequency, campaign relevance,
and their connection to sales growth, customer service, and pricing. This
comprehensive survey underpins a thorough analysis of UBL IMC effectiveness,
contributing crucial insights to the project paper.
87
Chapter 05
88
11. Unilever Bangladesh's promotional discounts were found to effectively
encourage customers to try new products, with 30% strongly agreeing and
65% agreeing.
12. Respondents believed that the packaging design of Unilever Bangladesh
products is user-friendly, with 40% strongly agreeing and 50% agreeing.
13. A significant majority (95%) believed that Unilever Bangladesh's product
pricing is competitive within the FMCG market.
14. Advertising campaigns by Unilever Bangladesh were found to instill a sense
of trust and reliability in consumers, with 70% strongly agreeing and 30%
agreeing.
15. An overwhelming majority (100%) of respondents believed that Unilever
Bangladesh consistently meets customer expectations regarding product
quality.
89
5.2 Recommendations
In light of the project's extensive analysis, the following recommendations have been
formulated to strengthen Unilever Bangladesh's Integrated Marketing Communication
(IMC) strategies and drive continuous growth.
90
• The advertising campaigns by Unilever Bangladesh Ltd. have consistently
conveyed their brand message effectively. This strength should be maintained,
and advertising should evolve to stay relevant and innovative.
• Unilever Bangladesh's distribution network has been perceived positively. The
company should focus on ensuring timely product availability to meet
consumer demands consistently.
• Unilever should continue to utilize customer feedback in its marketing
communication to strengthen customer relationships and improve marketing
strategies.
• Boost Sales Growth: The findings show that marketing campaigns contribute
to sales growth. Unilever Bangladesh Ltd. should continue to invest in
effective marketing campaigns and monitor their impact on sales.
• The strong perception that Unilever consistently meets customer expectations
regarding product quality should be maintained. Continuous quality assurance
and product improvement should remain a priority.
91
5.3 Conclusion
Finally, this project report delved into a thorough assessment of Unilever Bangladesh
Ltd adopted Integrated Marketing Communication (IMC) strategies. Through an
extensive survey, it became evident that UBL has a strong presence in its target
audience minds, with its advertising campaigns effectively engaging and resonating
with consumers. The alignment of marketing communication with brand values and
cultural relevance was affirmed by respondents, highlighting UBL successful
approach in these aspects. Furthermore, public relations, social media presence,
storytelling, and promotional campaigns were found to contribute positively to the
brand image. Additionally, UBL product accessibility and conveying of product
benefits received favorable feedback. The efficiency of the distribution network,
appropriate message frequency, and campaign relevance were also confirmed as
strengths. Most significantly, UBL advertising campaigns were associated with sales
growth, demonstrating their impact.
These findings provide valuable insights for enhancing Unilever Bangladesh's IMC
strategies. In light of these insights, the report offers a series of recommendations
aimed at strengthening Unilever Bangladesh's IMC efforts and fostering continued
growth in the competitive market. With a focus on leveraging cultural relevance,
optimizing marketing channels, and enhancing customer experiences, these
recommendations serve as a roadmap for Unilever Bangladesh to navigate the
dynamic landscape of the consumer goods industry effectively. In essence, this
project report not only provides a comprehensive analysis of Unilever Bangladesh
adopted IMC strategies but also offers actionable recommendations to drive future
success in the ever-evolving marketplace.
92
Appended
Part
Bibliography
Books:
1. Belch, George E., & Michael A. Belch. (2020). Advertising and Promotion:
An Integrated Marketing Communications Perspective (11th Edition.).
McGraw-Hill Education.
2. Kotler, Philip, & Kevin Lane Keller. (2015). Marketing Management. (14th
Edition). Pearson Education, .
3. Schultz, Don E., Stanley I. Tannenbaum, and Robert F. Lauterborn. (1993).
Integrated Marketing Communications. NTC Business Books,
Articles:
Web References:
93
Appendix Part: A
Survey Questions
1. Name
2. Age: ( i) 18-24 (ii) 25- 32 (iii) 33-41 (iv) 41- 48 (v) 49- 60)
3. Gender: (i) Male (ii) Female
4. Occupation: (i) Student (ii) Service Holder (iii) Businessman (iv) Housewife
5. Marital Status: (i) Married (ii) Unmarried
6. Geographic Area: (i) Urban (ii) Suburban (iii) Rural
1. Which Unilever Bangladesh Ltd soap do you use most frequently for personal
care?
i. Dove
ii. Lifebuoy
iii. Lux
2. What factors do you consider most important when choosing a UBL product?
i. Price
ii. Product quality
iii. Packaging
iv. Promotions and discounts
3. Lux recently launched a promotional offer on social media for Lux Bar 150
gm, where you can get a 10% discount on the product. Are you interested in
making a purchase?"
i. Yes, I'm interested.
ii. No, I'm not interested.
4. How frequently do you purchase UBL products?
i. Very often
ii. Occasionally
iii. Rarely
iv. Never
5. How likely are you to choose a Unilever product with a promotional offer,
such as 20% extra quantity at the same price?
i. Very Likely
94
ii. Likely
iii. Neutral
iv. Unlikely
v. Very Unlikely
1. Unilever Bangladesh
advertising campaigns
effectively engage with
their target audience.
2. Do you agree Unilever
Bangladesh marketing
communication aligns
with its brand values
and mission?
3. Unilever Bangladesh
public relations efforts
significantly contribute
to enhancing their
overall brand image.
4. Do you think Unilever
Bangladesh marketing
communication
strategies resonate with
the local culture?
5. The active presence of
Unilever Bangladesh on
social media positively
impacts consumer
perceptions of the brand.
6. Unilever Bangladesh
advertising consistently
conveys their brand
message to consumers
effectively.
7. The promotional
95
campaigns by Unilever
Bangladesh often
persuade consumers to
make purchase
decisions.
8. The convenience and
accessibility of Unilever
products play a crucial
role in influencing
purchase decisions.
9. Unilever Bangladesh
use of storytelling in
their marketing content
strongly resonates with
customers.
10. Unilever Bangladesh
marketing campaigns
effectively convey the
benefits of its products.
11. Unilever Bangladesh
distribution network
ensures timely product
availability when
needed.
12. The frequency of
Unilever Bangladesh
marketing messages is
appropriate.
13. Unilever marketing
campaigns are relevant
to current consumer
trends.
14. Unilever Bangladesh
Ltd marketing
campaigns contribute to
its sales growth.
15. Unilever Bangladesh
customer service
effectively handles and
resolves customer
concerns.
96
promotional discounts
effectively encourage
customers to try new
products.
17. The packaging design of
Unilever Bangladesh
products is user-
friendly.
18. Unilever Bangladesh
product pricing is
competitive within the
FMCG market.
19. Advertising campaigns
by Unilever Bangladesh
instill a sense of trust
and reliability in
consumers.
20. Unilever Bangladesh
consistently meets
customer expectations
regarding product
quality.
97
Appendix: B
Case Study: UBL’s Integrated Marketing Communications (IMC) Success
for Lifebuoy Soap
Lifebuoy is a Unilever Bangladesh brand of soap that has been popular in Bangladesh
for over a century. The product is marketed as a way to protect against germs and
diseases, and it is often seen as a trusted and affordable brand. Unilever Bangladesh
has used a variety of integrated marketing communications (IMC) tactics to make
Lifebuoy the leading soap brand in Bangladesh. The company's IMC strategy is based
on the following principles:
Results
Unilever Bangladesh's IMC strategy has been successful in making Lifebuoy the
leading soap brand in Bangladesh. The product is used by millions of Bangladeshis,
and it is estimated that over 90% of households in Bangladesh use some form of
Lifebuoy soap.
IMC Tactics
98
Conclusion
Additional Notes
This focus on social responsibility has helped Unilever Bangladesh to build a strong
brand reputation in Bangladesh. Consumers see Lifebuoy as a brand that cares about
their health and well-being, and this trust and loyalty has been a key factor in the
product's success.
99
100