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Published byLesly Sandborn Modified over 9 years ago
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MARKET INFORMATION Hair colour market in India – Rs 450 crore
Growth Rate % Yearly Annual production 400 tones
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Market share Godrej- market leader with a share of 45-50% L'Oreal-25%
Revlon-12% Others such as bigen and black rose- Wella- 8%
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Hair colour market in India – Rs 450 crore Growth Rate- 24-25% Yearly
Annual production- 400 tonnes COMPANY TURNOVERS:- Revlon- L'Oreal- Godrej-
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COMPETITION ANALYSIS PLAYERS PRICES USP WELLA Rs.235 L’OREAL Rs.399
(Incl developer) Contains Vit C to strengthen hair. L’OREAL Rs.399 Non drip crème, long lasting colour. GODREJ (COLOURSOFT) Rs.99 Ultra gentle Ammonia free hair colour. REVLON Rs.250 Ammonia free.
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PLAYERS DISTRIBUTION DIFFERENTIATION WELLA L’OREAL GODREJ REVLON
3 TIER SYSTEM L’OREAL A non-drip cream. 2. With nutri-ceramide and proteins. 3. Ionene G in the product. GODREJ 4 TIER SYSTEM Renew - Aloe Vera and Hibiscus extracts. 2. Coloursoft - A hair colour brand most suited to Indian hair at a price point significantly lower than competition. REVLON 1. The constitution of the developer is only 20% 2. It is in the liquid form. 3. The product is ammonia free
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PLAYERS WELLA L’OREAL GODREJ (COLOURSOFT) REVLON
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Porters 5 force theory Intense segment rivalry- moderate Promotions done by competitors which cant be done by us due our pricing strategy substitutes- low threat Because the niche market will not shift to the substitute products like henna and dye New entrants- high Since the capital investments is low, growing market, other companies which are already present in hair care market will enter hair color market. Buyers bargaining power : low people do not change their brand easily and hence would not mind paying a higher price for that particular brand Suppliers bargaining power :
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OUR PRODUCT
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BELLEZA
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MARKETING MIX PRODUCT PRICE PLACE PROMOTION
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PRODUCT
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SEGMENTATION Demographics- Age- 18 to 50 yrs Sex- Only Women
Income- Sec A Geographic- Metropolitans and Big Cities in the country. Social Class- Upper Class. Psychographics- Lifestyle Personality We recommend the 30 vol for hair that's not especially resistant to color or bleaching. Also for those whose color is blonde to light brown or for those who already have processed or damaged hair. The 40 vol. is for those whose hair is very dark or very resistant to color or bleaching. Read the box for ingredients, etc. Read the Special Effects Bleach Instructions If you have currently processed or damaged hair, proceed with caution when bleaching.
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SEGMENTATION Behavioral Occasions- weddings and parties
Benefits- quality Usage rate- medium to heavy users
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PRODUCT INGREDIENTS Developer-75ml Colourant-50ml Stearylic Alcohol
Our product contains : Developer-75ml Stearylic Alcohol Cetylic Aqua Colourant-50ml Lauryl Alcohol Aloe vera Oil extracts Para-Phenylenediamine Content
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Natural Conditioner-40ml
Stearylic Alcohol Behenyl Trimonium Chloride Cyclo Methadone Gloves Brush
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Product Description Shades Black - Noir Dark Brown - Truffle
Light Brown - Mochachino Deep Red - Red Wine Light Red - Claret
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Product Description Shades Light Blonde - Light Ash Blonde
Light Beige Blonde - Caramel Burgundy - Burgundy Copper Gold - Hazel Skin Brown - Pelle
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Product Differentiation
Contains aloe vera Contains nourishing oil extracts New colours Gives shine and softness Keeps the hair moisturized USP Contains VITA H reduces dryness, increases shine
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POSITIONING Position Statement Only for the Elite or upper class.
Product has high quality. Good for hair. Position Statement To stylish and sophisticated women, our product gives you the colour and shine in your hair, and the look you desire.
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BRAND PERSONALITY 23 year old woman Is a model Stylish Party's a lot
Outgoing Extrovert Smart Modern Broad-minded
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Branding Strategy DOUBLE BRANDING- Mac BELLEZZA
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BRAND EQUITY PYRAMID Loreal, Godrej Revlon, Wella Schwarzkopf
Bigen, Blackrose
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PLACE
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COVERAGE AREA Metros Mumbai Chennai Delhi Kolkata Other Cities Pune
Chandigarh
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DISTRIBUTION CHANNEL Manufacturer (4)Distributors (7%)
(38)Stockists (9%) (5200)Retailers (14%) (70)Salon(15%)
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PRICE
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PRICING STRATEGY CHALLENGER STRATEGY Market Skimming
High Quality- High Price High Price to target Niche Market CHALLENGER STRATEGY Frontal Attack
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Product Packaging and Price
165 ml box – Rs. 410
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COST SHEET
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PROMOTION
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LAUNCH MARKETING 3 STEP PROCESS 1ST STEP- AWARENESS 2ND STEP- EVENTS
3RD STEP- P.R.
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S.W.O.T. ANALYSIS WEAKNESSES STRENGTHS OPPORTUNITIES THREATS
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STRENGTHS Quality product After colour shampoo 100% grey area coverage
Vita- H: reduced dryness
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OPPURTUNITIES Growing market Expanding horizontally/vertically
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WEAKNESSES High price Small market Lack of awareness
Mixing as per proportions Contains ammonia
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THREATS Substitutes (dyes and henna)
Other players of the oligopolistic market
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