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Household products limited
Concept development and testing
A toilet soap in high price segment that contain jasmine fragrance
Made from pure vegetable oil against animal fats
BRAND MAP
Product development
Task given to R&D to develop jasmine fragrance perfume
2 out of 6 developed were finalized based on better impact than competitor
Based on panel survey of 3 panel with women 18-35 years age final product was finalized
Market testing
Testing the products in market which was responsive like indore and not responsive like Hyderabad
Run test for the period of 9-12 months
Launch planned with launch conference attended by sales manager, supervisor and sales man. For the market selected
Display contest in retail shops to achieve high visibility and slides in cinema
Commercialization
Company was late entrant in the market
Company would go nationally based on performance in test market
Targeted traditional customer with high income (above 15000rs per month
Company should go nationallyMarket stratergy
1st part
Target customer with income level above Rs 30000
Target jaimala customer in responsive states as company cannot gain market share
Igh growth should be preference against profit in initial phase
2nd part
Pricing should be kept same
To capture market initiallyintroductory offer should be given
Market stratergy
3rd part
In long term after initial discount company should focus more on advertising
Interpretation from exhibits
After initial offer company was able to push itself better in responsive state in 2 months 200% more market share than jaimala and gradually it tapered off
Penetration was high in Indore in both income group as compared to Hyderabad in A income group during last 6 months of testing
Even cumulative penetration shows the same pattern
Sehra gained its market share mostly from low priced offering and was able to gain share from jaimala in second period
Exhibit 1
Oct/6
8
Nov/6
8
Dec/6
8
Jan/
69
Feb/
69
Mar
/69
Apr/6
9
May
/69
050
100150200250300350400450500
HyderabadIndore
Initial increase in the sales is due to introductory discount period offer, where many schemes were given to con-sumers.
Market Share By Retail Shop AuditSehra vs. Jaimala (Exhibit 2)
October December Febuary April June0
2
4
6
8
10
12
14
16
18
SehraJaimala
Month by Month Analysis of % of households buying Sehra and Jaimala ( Exhibit 4)
Oct+Nov
Dec+ Ja
n
Feb+
Mar
Apr+
May
02468
101214161820
Sehra
Oct+Nov
Dec+ Ja
n
Feb+
Mar
Apr+
May
0123456789
Sehra
I.C. ‘A’- Income above 10,000
I.C. ‘B’- Income between 5,000 and 10,000
Market Share as measured on consumer panel, by value (Exhibit 5)
Oct+Nov
Dec+ Jan
Feb+Mar
Apr+May
0
1
2
3
4
5
6
7
8
Sehra
Oct+Nov
Dec+ Ja
n
Feb+
Mar
Apr+
May
00.5
11.5
22.5
33.5
44.5
5
Sehra
FOR HYDERABAD FOR INDORE