2.4P Analysis
3.SWOT Analysis
4.Competitive Analysis
5.Conclusion
Promotion
We can emphasize our stuff with proper promotion. T.O.P has its own store with all kind of fragrance that it has. This is very effective way to build our professionalism about fragrance and with this, we can make our strategy easily to treat our customer, let them understand our product, structure, etc.
And also its name, T.O.P, has many different context meaning in it. First, T.O.P means top of perfume, which allude that T.O.P is the best way of the preexistence alternative cosmetics. Second, T.O.P means transformation of perfume, which imply that the very useful changing of perfume. With this transformation, customer can derive lots of benefit, like waterproof, convenience, extension of its continuing time, etc.
Place
T.O.P’s market positioning is related on its own characteristic. T.O.P is possible to provide its products and services with low price, because of its low capacity, which make possible to realize to customer its various selection between customer’s own needs, with high quality, which is possible with its outstanding professionalism from T.O.P fragrance experts.
Price
As mentioned before, it is possible to think that this item can secure its competitiveness with low price from low capacity, which is also related on another strategy: Product diversification. And also, we have to consider psychological pricing barrier related on monetary unit. We thought that the ceiling of its pricing-set-up-suggestion will be formed around 5,000KRW, with each 10 pieces of T.O.P patches.

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