Brand extension gillette shaving cream sumit(pgp30120)_sec_a
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Transcript of Brand extension gillette shaving cream sumit(pgp30120)_sec_a
Men's Grooming in India
Men’s grooming sees value growth of 23% to reach INR46.8 billion in 2013
Leading manufacturers expand their men’s grooming portfolio in 2013
Premium men's deodorants continues to record the fastest value growth of 36% in 2013
Average unit price continues to increase in 2013
Gillette India Ltd(overall) maintains lead with a value share of 27% in 2013
Men’s grooming is expected to have a value CAGR of 10% at constant 2013 prices to reach INR75.4 billion by 2018
Men’s shaving cream market is growing at a rate of 13% CAGR
• As shown in Given pie chart out of 46.8 million INR business of Men’s grooming, Men’s shaving constitute 51% share.
• Out of 51%, major portion is of razors and blades . Constitute of Men’s shaving are shown in below chart
51%49%
Men's Shaving
Men's Toi-letries
20%
80%
Men's Pre-Shave
Men's Razors and Blades
• Men’s shaving industry are growing year by year. In 2008 it was around 13 million INR which increase to 24 million INR in 2013
• FORECASTS• Most of the leading manufacturers
including Hindustan Unilever will continue to strengthen their men’s grooming portfolio over the forecast period. Manufacturers are likely to focus on introducing value-added and innovative products with new claims to attract consumers, especially in urban areas. New launches are likely to be more prominent in skin care which started to attract consumer attention increasingly in 2014.
Gillette Shaving cream
• Indian Market is dominated by Gillette, which constitute of around 51% share, followed by HUL
Sales of the leading men's shaving cream brands in the United States in 2014 (in million U.S. dollars)
We can easily see in above graph Gillette in Number one ( Combination of Series, Fusion Hydra and Foamy)
In Indian Market In US Market
Last five year growth chart of Gillette Shaving cream in India
2008 2009 2010 2011 2012 20130.00
5,000.00
10,000.00
15,000.00
20,000.00
25,000.00
30,000.00
Growth Chart of Shaving Cream in Indian Market
Men's Shaving (Razors/Blads and Saving Cream) Men's Pre-Shave (Saving Cream)
All value are in INR Million
P&G Growth Rate ( Shown by Different financial graph)
In the above chats we can see that company has maintained the dividend despite continuous
investment in Business
Marketing mix
Marketing mix is mainly of two types.
1) Product marketing mix – Comprised of Product, price, place and promotions. This marketing mix is mainly used in case of Tangible goods.
2) Service marketing mix – The service marketing mix has three further variables included which are people, physical evidence and process.
Term marketing mix was first coined by Neil H Borden back in 1964 in his article “The concept of marketing mix”
SHAVING
MEN
PERSONAL CARE
DURACELL
BATTERIES
ORAL BBRAUN
APPLIANCES
BRAUN KITCHEN APPLIANCES
BRAUN HAIR CARE EPILATION
BARUN STEAM IRONS
PERSONALDIOGONASTIC
MANUALTOOTHBRUSHE
S
ADVANTAGEINDICATORCROSS ACTIONSTAGES
POWERTOOTHBRUSHE
S
3D EXCEL3 D PULSATINGCROSS ACTION KIDS
FLOSS AND INTERDENTAL
SATIN flossULTRAFLOSSESSENTIAL FLOSSSUPER FLOSSORTHODENTIC
TOOTHPASTE AND
MOUTH RINSE
GENARAL USE BATTERIES
COPPER TOPULTRAPRISMATIC
SPECIALITY BATTERIES
PHOTOHEARING AIDCAMCORDERWATCHELECTRONICSHOME MEDICAL
SHAVING GELS AND FOAMS
GILLETTE SERISESATIN CARE
ANTIPERSPIRANTSAND DEODRANTS
GILLETTE SERISERIGHT GUARDSOFT & DRIDRY IDEA
MACH 3MACH 3 TOURBOSENSORSENSOR EXCEL
VENUSSENSORDAISY
PRODUCT MIX WIDTH
WOMEN
CORE BENEFIT
BASIC PRODUCT
EXPECTED PRODUCT
POTENTIAL PRODUCT
LOOK GOOD
SHAVING CREAM
WITH MOISTURISER
GEL BASED
FACE CREAM
PRODUCT HIERARCHY
AUGMENTED PRODUCT
Products
WIDTH OF THE EXISTING PRODUCT LINE—5
LENGTH OF THE PRODUCT MIX—50
AVERAGE PRODUCT LINE LENGTH—10
DEPTH OF DIFFERENT LINES - GILLETTE SHAVE GEL-3VARIENTS
Moisturizing
Tough bread
Conditioning
AFTER SHAVE- GILLETTE SERIES------ 4 VARIENTS
Force
Cool Ice
Cool Wave
Rush
SIZES- 50ML AND 100ML PACK, 200ML PACK
Packaging
Focus on aesthetics
Designed with a futuristic theme
Introduced gels in tubes
Metallic cylinders for foams
Rectangular cylinders for deodorants
Use Of Colour
Logo in black to symbolize sophistication
Blue for refreshing and cool look
Red for highlighting the variant
White to signify clean look
Pricing
FOAM
NAME
MOISTURING (250gm)
CONDITIONING(250gm)
SENSITIVE SKIN(250gm)
PRICE
RS.210
RS.210
RS.210
GEL
NAME
GILLETTE GEL
PALMOLIVE
GODREJ
FA
DETOL
AU79(ADITYA BIRLA
GROUP)
WEIGHT
60gm
70gm
70gm
80gm
90gm
70gm
PRICE
Rs.53
Rs.45
Rs.41
Rs.42
Rs.40
Rs.39
Pricing techniques
Perceived value pricing. Ex.- Gillette Mach 3
Penetrative pricing strategy for vector plus
Bundling-Shaving creams/gels along with razors
Foams bundled with a Gillette sensor excel usually
33% extra on many variants
Place Gillette’s own network in India reaches 1 lakh outlets in 3600 towns
Now Using additional P&G distribution channel
Hub and spoke approach
22 hub cities and spokes are Tier 2 and Tier 3 cities
Advantage of using small number of routes
The small number of routes generally leads to more efficient use of transportation resources.
Complicated operations, such as package sorting and accounting, can be carried out at the hub, rather than at every node.
Spokes are simple, and new ones can be created easily.
Customers may find the network more intuitive. Scheduling is convenient for them since there are few routes, with frequent service.
PROMOTION
Strong and sustained advertisement all through out
Gillette brand has high recognition rate
Massive influence, recall and salience—reminder advertising
Successful MACH3 launch campaigns
Focus on brand values, innovation and cutting edge technology
AIM- to educate consumer on product advancements and improved shaving performance
Tie up with Rediff-on-the-Net e-commerce to market its product
Tie up with ZAPAK for The India Gaming Championship 2009
Endorsed by eminent sports personalities
Used sports as a major promotional vehicle
Soccer Saturday sponsorship launched MACH 3, Turbo and M3 Power successfully
Promotional Activities
SEGMENTATION
Demographic segmentation
Middle class and upper segments
Areas – urban and semi urban, rural (still growing)
Behavioral
User status: regular users (urban), first time users (rural)
Usage status:
heavy users(urban)
light users (rural)
medium users (semi urban)
Target Segment
Primary segment
Children aged 16 – 45 years
Focus mainly on teenager and youth segment that’s why in promotion its always show to be cool image
Probable segment
Young adults
Teenagers
Working segment as for quick shaving
Consideration Set Of Consumer
Dettol shaving cream
Axe shaving cream
Old spice shaving cream
Godrej shaving cream
Palmolive shaving cream
Vi-John shaving cream
Nivea shaving cream
Park avenue shaving cream
Nivea sensitive shaving gel
L'Oréal Paris Men Expert Anti Irritation Shaving Gel
Natio Smooth Shave Gel for Men
Park Avenue Moisturizing Shaving Foam
L'Oréal Paris Men Expert Hydra Sensitive Shave Foam
Competitive Frame Of Reference
Gillette shaving Gel/Foam in the market place is vary strong and secure.
But in case of shaving cream its rank 7th in India (According to the latest Nielsen MAT data sourced from industry officials
LINK:-
Product – Gillette Shaving cream/Gel/Foam
Comes as a competitor in list of all Shaving portfolio
Various cream of different brand
Various gel and foam
Shops- Rural use generally shop
http://goo.gl/JVhJR7
Points Of Parity
Easy to shave
Prevent stubble from drying out
Easing the shaving process
Avoiding razor burn
Save time, as shaving become quicker using it
Points Of Difference
Richest and most lubricating cushion
Very nice smell of Gillette foam
Perfect lather by using only small quantity
Irritation defense
REFERENCES
Gillette Annual report ( Both Gillette India and Gillette overall) Of 2014,2013
Books:- Brand Management by Keller Sir
http://www.gillette.com/en/in/products/shave-gel-and-foam.aspx
http://www.gillette.com/shavecare/en-IN/series1.shtml
Various data from Euromonitor Database
http://www.wisegeek.com/what-are-the-pros-and-cons-of-shaving-without-cream.htm
http://economictimes.indiatimes.com/magazines/brand-equity/vi-john-a-little-known-desi-brand-emerges-as-a-leader-with-a-foreign-sounding-name/articleshow/47972306.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=ETFBMain
Annual report of P&G and HUL- 2014
http://gillette.com/en-us/products/pre-and-post-shave/shaving-creams-gels-and-foams#viewtype:gridview/facets:/category:shaving-creams-gels-and-foams/page:1/sortby:reviews-desc/cwidth:3/pcwidth:/pscroll:
http://www.gentlemansgazette.com/shaving-cream-guide/
www.quora.com
http://reviews.gillette.com/8876/88429A86-1238-49D2-8115-0C18D1007B05/gillette-series-sensitive-skin-shave-foam-reviews/reviews.htm
http://www.consumeraffairs.com/cosmetics/gillette.html