Axe Executive Summary

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Axe i) Product – Axe: Max-Glide * Axe’s entry into the razor blade market. * 4-bladed razor for men’s shaving. * Coated with titanium blade for precision shaving and reduced irritation. * Extended into other markets: shower gels, aftershaves, and colognes, skin care, shampoo, and hairstyling products. * Packaging includes 1 razor blade handle with 4 cartridges. * Equipped with a one-edged blade on top of razor blade for personal grooming. ii) Positioning * Axe’s marketing campaign focuses on “The Axe Effect.” The Axe Effect term used to describe the increased attention males receive from eager and attractive female pursuers simply using Axe products. iii) Price * Axe is going to introduce the Max-Glide razor blade at $17.50. The razor will come equipped with a handle that will come with 4 reloadable cartridges. Cartridges will be sold for $11 for packs of 4 and $20 for packs of 8. iv) Distribution * Acquiring the Axe: Max-Glide will be without any issues. The product will be distributed all over Canada at these locations. * Grocery Store * Department Store * Drugs Store * Gas Station * Convince stores v) Advertising * Axe is known for its risqué ad’s where they used the theme of making “nice” women become “naughty.” * Ads will be shown on all forms of media. Axe will advertise the Max-Glide on television, magazines, on the internet. vi) Promotion * Axe has been very ambitious with their promotion. To encourage its consumers to buy their products, they have even given someone the chance to win a trip to space. * To promote the Axe: Max-Glide, we will offer customers 5% off of Axe’s shaving

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