Horlicks Stretches Out
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Transcript of Horlicks Stretches Out
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Horlicks Stretches Out
Presented By:
Wasim Ahmed
Manuj Sah
Akshat Jain
Ashu GoelVipin Rathi
Maitraya Biswas
Anjani Kumar
Yogesh Jadia
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Horlicks
Horlicks - name of a malted milk hot drink.
Claimed to promote sleep.
Also, known better as a caf drink.
Biggest market India
Traditionally been marketed as 'The Great
Family Nourisher.
Served hot or cold, and is usually sweetened
with sugar
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History Timeline 1873: James Horlick, a pharmacist, joined his brother,
William, in the U.S. and together they founded thecompany J & W Horlicks in Chicago to manufacture apatented malted milk drink as an artificial infant food.
1883: U.S. patent 278,967 granted to William for firstmalted milk drink mixing powder with hot water.
1960: Factory built in Punjab, India to make Horlicks frombuffalo milk.
2000: SmithKline Beecham became GlaxoSmithKline.
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Market Analysis
Horlicks market share Rs 2,305-crore
Above 50 per cent in milk beverages market
Nestl stopped making Milo
New entrant Dabur India decided to stay clearofHorlicks
pitched its Chyawan Junior against GSK Consumer
Healthcares other beverage brand, Boost.
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Expansion
GSK Consumer Healthcare has decided to use the
brand to get into new categories. In the last fewmonths, it has launched biscuits for children, anutrition drink for women, an energy bar and
chilled milk. More could follow in the days tocome.
GSK MD believes the new products will make ameaningful contribution to the companys topline in the next few years.
Countrys sixth most-trusted brand
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Expansion Contd.
GSK Consumer Healthcare succeeded in
segmenting customer base Catering for specific needs of women
Cashing in on the increasing population of
children with Horlicks. Ogilvy & Mather Country Head (planning)
Madhukar Sabnavis feels the brand today
talks to every member of the family ratherthan the entire family.
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Product Line
GSK Consumer Healthcare had positioned a product
exclusively for children between the ages of two andfive with junior Horlicks launched in 1995.
Junior Horlicks brand has grown to become a Rs 150-crorebrand
Company launched Junior Horlicks biscuits last month
GSK Consumer Healthcare had reached out to pregnantand lactating mothers with Mothers Horlicks, five
years back it came up with Womens Horlicks catering for women
across age groups
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Product Line
Horlicks Lite for the elderly who often have a
sugar problem and for the youth we haveHorlicks Nutribar - energy cereal bars.
H
orlicks nutribar positioned on the twinplanks of health and convenience.
Invited consumers to taste its summer drink
called Horlicks Chilled Doodh (milk), availablein four flavours
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Competition
Keen competition in the Rs 45-crore chilled
milk category from Amul Kool and strongregional players like MAFCO in Mumbai
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Revenue
Horlicks takes care of GSK Consumer
Healthcares top line. The brand, which wasworth around Rs 800 crore in the early partsof the decade, is today 50 per cent bigger at
close to Rs 1,200 core, bringing in the bulk ofthe companys annual turnover of Rs 1,580crore.
Indians drink more than five million cups ofHorlicks everyday
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Advertisements Horlicks does not feel the need for a brand
ambassador, though GSK ConsumerH
ealthcare hasengaged expensive celebrities like Kapil Dev, SachinTendulkar and Mahendra Singh Dhoni to endorseBoost.
Spends over the Rs 194 crore that GSK ConsumerHealthcare spent on advertising and promotions lastyear.
Radio , is still an effective channel in states such asBihar or Orissa where consumers dont have access totelevision or where power cuts are frequent.
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Reaching Rural Areas
it created a second layer of distributors in the
smaller towns to supplement the existingchain of around 500 big distributors. Most of
these 4,000 sub-distributors were appointed
in the eastern and southern parts of the
country.
Clearly, no effort is being spared to growHorlicks
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Thank You