brm group 11
TRANSCRIPT
-
8/6/2019 BRM Group 11
1/19
-
8/6/2019 BRM Group 11
2/19
-
8/6/2019 BRM Group 11
3/19
Area of Study: The topic for our study is Brand
Promotion Fairness War in Mens Cream. So wehave chosen men who are of age group between 15yrs
to 35yrs. Besides that we have found some fairness
creams for men that are existing in the current market.
Sub Areas of Study: the sub areas that we have been
studying is about the fairness creams that are currently
available for women. And branding of there products by
advertising and promotion. Besides that we studiedabout beauty salon for mens. and we studied about the
competition between companies for launching the new
products.
-
8/6/2019 BRM Group 11
4/19
To make the research more convenient we took the sample of 100
individual and 30 corporate.
We choose the location NOIDA where people come to Great
India Place, Central Stage Mall for shopping and a Society in
Sector 82.
We asked the people who are in the age group of 15 yrs to 35 yrs.To our surprise we found that most of the men are not using the
fairness cream unlike women. They are even not aware of which
fairness product is available in the market.
We also went to salon shops like LOreal, Salon 99 parlor, and
Scissors Menz Beauty parlor. There we found that most the men
come to parlor just for bleaching. We also find that men are also
getting more beauty conscious .
-
8/6/2019 BRM Group 11
5/19
Purpose of Research: Earlier days it was the time to fight for the
fairness creams for women. Fairness was the property for women
only. But the trend has changed now, instead of women it's time
for men to think of fairness.
Yes, the present trend is property for men who are running behind
the creams who are becoming beauty conscious like women.
-
8/6/2019 BRM Group 11
6/19
Problems in Mens Fairness Cream:
Customers lack about the products that are available in the market.
We also to went to the lower middle class people in NOIDA and
found that most of the men are very less beauty conscious, if they
want to apply any cream they simple use the womens fairness
cream.
Few companies are promoting there products through
advertisement unlike what they are advertising for women.
We also enquired people of brown skinned and black skinnedwhere we got that they wish to use more of fairness creams but
they lack the knowledge that which product is better in showing
the results.
-
8/6/2019 BRM Group 11
7/19
Questions asked from Respondents:
1. Which fairness cream do you use?
a. Nivea b. Fair & Lovely menz c. Fair & Handsome
2. Do you wish more fairness cream for men?
a. Yes b. No c. Cant say
3. How many Mens fairness cream do you know?a. Less than 3 b. 5 c. More than 5
4. How often do you use the Fairness Cream?
a. Once in a day b. twice in a day c. Thrice in a
day
5. How much you are ready to spend on Fairness cream?
a.Rs75 150 b. Rs 150 225 c. above Rs 225
6.Are you aware of new Mens fairness cream products in market?
a. Yes b. No c. Cant say
-
8/6/2019 BRM Group 11
8/19
7.Are you aware of newly launched Womens fairness cream products in
market?
a. Yes b. No c. Cant say
8. How many womens fairness creams do you know?
a. Less than 5 b. 8 c. More than 8
9. Do you use the fairness cream?
a. Yes b. No c. Some times
10. If you use the fairness cream which product do you recommend?
a. Nivea b. Fair & Handsome c. Others
-
8/6/2019 BRM Group 11
9/19
Findings from Research:
1. Why products are not reaching to customers ?
2. What kind of product that customers are exactlylooking for in terms of price and branding ?
3. What is the future scope of market in this area ?
-
8/6/2019 BRM Group 11
10/19
Only 35.08% mens use the
fairness cream
42.8% mens seeks more fairness
creams
10.3% mens know more than 5
fairness creams in the market.
22.8% mens are aware of more
than 8 fairness creams of women.
52.6% men are aware of newly
launched fairness cream in the
market.
-
8/6/2019 BRM Group 11
11/19
-
8/6/2019 BRM Group 11
12/19
Analysis of DATA:
We see that only 35.08% of the total population of men use
the fairness cream which is a small but growing percentage
of usage of cream by men. The fairness products are
gradually becoming popular amongst the male youths.
Since, there are very limited number of fairness creams for
men, 42.8% of people men want more of variety products.
The reasons can be of quality, quantity, value for money and
branding.
-
8/6/2019 BRM Group 11
13/19
Only 10.3% men know about more than 5 fairness creams. Thiscan be due to less awareness of creams because of low media
publicity, less advertisement, lack of promotion, failure of
distribution channels.
Men are not much beauty conscious and less people are
concentrate on the newly launched products in the market. People
who are lower middle class and are not bother about there beauty
and men in the rural areas are not aware of these products. Thisdue to non availability of products
-
8/6/2019 BRM Group 11
14/19
-
8/6/2019 BRM Group 11
15/19
Corporate Views:
Mohan Goenka, Director, Emami, says penetration is definitely an issue.
New brands find it more difficult, and at such levels, he says, referring tothe 50 lakh outlets across India in which fairness cream is sold. Emami claims
its Fair & Handsome, launched five years ago, accounts for Rs 125 crore of
the Rs 175-crore men's fairness products market. Goenka says this five-year-
old market is growing at 25 per cent, while the 40-year-old women's fairness
market is growing at 7-8 per cent.
Richa Singh, Marketing Manager, Garnier India, says in India, ideal skin care
translates to fair and glowing skin free of marks. Garnier entered the fairness
market in 2004 with the launch of Garnier Light specifically for Indian skin,
claiming the twin benefits of fairness and removal of dark spots. In 2009, itentered men's skin care with the Men's Powerlight range, which includes a
face wash and moisturisers. Consumer retention is a challenge, she says,
adding that Garnier seeks to provide relevant, innovative and high-quality
products at an affordable price.
-
8/6/2019 BRM Group 11
16/19
Besides the emergence of a men's category, the other notable
trend in the market is that most skin care products come with a
fairness solution. The fairness pitch has moved even to premiumproducts. Earlier only mass market brands such as Fair & Lovely
and Fairever used to rely on it, says Cavinkare's Viswanathan.
Marketing director, Soma Ghosh, told BrandLine recently that
the high-end brands such as Nivea and Neutrogena have fairness
creams as well as other products with pledges of fairness built
into them. Nivea, has a 15 per cent share of the men's fairness
cream market in the top 35 metros.
-
8/6/2019 BRM Group 11
17/19
Problems that exists in Fairness Cream for mens:
Most of the Men are not using the Fairness Cream unlike women.
Companies fail to promote there products through Media
advertising and promotional activities.
Lack of awareness of newly launched products
Lack of proper distribution channels
Companies are unable to meet value for money
Companies focused more on womens fairness cream than mens
fairness cream
Pricing and Branding
-
8/6/2019 BRM Group 11
18/19
Suggestions and Recommendations:
In order to gain the market share companies should create promotional activities
through media advertising, campaigns and hoarding.
Companies should bring the awareness programs among the men for using of
fairness cream with scientific data.
Companies needs to invest more on R & D to find new ways to attract the customers
and retain them
Customers are very price sensitive, so companies should give the value for money.
Distribution channels should be more flexible, so as that customer in touch with the
Product.
Majority of Indian Population consists of youth so Companies should focus on
Youth, because they very beauty conscious.
Companies needs to design a product which affordable to even lower income group.
They should come up with sachet with lower price where rural people can purchase it.
-
8/6/2019 BRM Group 11
19/19