marketing project lux
TRANSCRIPT
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MARKETING PROJECT REPORT
ON LUX SOAP
By:
MEENAKSHI JHA PGDM=201007
GSBA
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CONTENTS:
Company Profile – HUL
Distibution Channel - HUL
Product Mix – HUL
Overview – Lux Soap
Marketing Mix
SWOT Analysis
Competitor Analysis
Market Segmentation
Recommendation
Reference
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COMPANY PROFILE - HUL
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COMPANY PROFILE - HUL
A 52% owned subsidiary of Anglo Dutch giant Unilever.
India – 1888
India largest FMCG company
Touching 2 out of 3 Indian consumer 20 distinct categories – Home and personal care products, food and
beverages.
HLL – HUL
100 factories – India – Manufacturing its diverse product range Headquarter: Mumbai
Market share – Toilet soap category – 54.3%
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REVENUE PERCENTAGE:
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DISTRIBUTION CHANNEL - HUL
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DISTRIBUTION CHANNEL - HUL
2000+ Suppliers and associates
4000 Redistribution stockists
Covering 1 million retail outlets
Reaching 250 million rural consumers
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PRODUCT MIX- HUL
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THE WIDTH OF THE HUL PRODUCT MIX:
The width of the product mix refers to the number of different product line the company carries
E.g:
Personal wash Laundry
Skin care
Oral care Deodorants
Colour cosmetics
Ayurvedic personal and health care
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Shampoo
Tea Coffee
Foods
Ice cream
Width = 12
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THE LENGHT OF THE HUL PRODUCT MIX:
The Lenght of the product mix refers to the total number of items in the product mix.
E.g:
Personal wash: Lux, Lifebuoy, Liril, Hamam, Breeze, Dove,Pears, Rexona
Laundry: Surf excel, Rin, Wheel
Skin care: Fair & Lovely, Ponds, Vaseline, Aviance
Oral care: Pepsodent, Close up Deodorants: Axe, Rexona
Colour cosmetics: Lakme
Ayurvedic personal and health care: Ayush
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Shampoo: Sunsilk, Clinic
Tea: Broke bond, Lipton. Coffee: Bru
Foods: Kissan, Annapurna, Knorr
Ice cream: Kwality walls
Width = 30
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THE DEPTH OF THE HUL PRODUCT MIX:
The depth of the product mix refers to the number of variants of each
product offered in the line
E.g: If close up toothpaste comes in three formulation and in three sizes,
close up has a depth of 9 (3*3)
The Consistency of the HUL Product mix: The consistency of the product mix refers to how closely related the
various product lines are in the use, production requirement,
distribution channel or in any other manner.HUL Product line are not consistent because of its large width.
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OVERVIEW : LUX SOAP
1916 – Laundry soap
1925 – Bathroom soap
India – 1929
First brand ambassador: Leela Chitnis (1929)
Market share is almost equal to Lifebuoy
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MARKETING MIX:
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PRODUCT:
Product Classification:
Tangible
Non durable good
Lux and other soaps fall into the category of convenience good.
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PRODUCT LIFE CYCLE:
Maturity Stage
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PROMINENT VARIANTS:
Lux almond
Lux orchid
Lux fruit
Lux saffron Lux sandalwood
Lux rose
Lux international
Lux chocolate Lux aromatic extracts
Lux oil and honey glow etc.
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LOGO:
Labelling:
Lux trade character or logo is present prominently
in the package
Female model
Displayed graphically – Key ingredients
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Packaging:
Different colors – Different variants( Saffron –
Saffron variants & Pink – Rose extracts etc. )
Package size – 100gm, 120gm, 150 gm
Launched – Mini Lux – 45gm - Rs 5
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Price:
Competitive prices: Neither high nor low
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Place:
HUL distribution network – key strength (Which helps reach out its product across the length
and width of the vast country)
2000+ Suppliers & Associates
7000 Stockists
Direct coverage in over 1 million retail outlets
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NETWORK:
Factory – Company warehouses – Distributor –
Market
Factory – Wholesaler & Big retailers (Bulk orders) –
30% Sales
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PROMOTION: Active since 1929
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Featured all top actress of their times.
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Idea: if it is good enough for a film star, it is good
for me.
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FIRST MALE BRAND AMBASSADOR:
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SOUTH INDIA:
1970 – Jayalalitha
Shriya Sharan
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SALES PROMOTION:
Lux gold star offer: 22 Carat Gold coin in the Soap – First 10 caller (Extra 30 gm gold)
Lux star bano, Aish karo contest: A special promotional
pack of lux soap – Scratch card -50 lucky winner got the
chance to meet Aishwarya rai.
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SWOT ANALYSIS
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STRENGTHS:
Strong market research (Door to door sampling – once in
a year – Rural and Urban area.)
Many variants (Almond oil, Orchid extracts, Milk
cream, Fruit extracts, Saffron sandalwood oil and Honey)
Strong sales and distribution network backed by HUL
Strong brand image
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Dynamically continuous innovations – New variants
and innovative promotions (22 carat gold coin
promotion – “Chance Hai”) Strong brand promotion but relatively lower prices –
Winning combination.
Mass appeal/Market presence across all segments ( 15% of soap market)
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WEAKNESS:
Mainly positioned as beauty soap targeted towards women, lack unisex appeal
Some variation like the sunscreen, international variant
did not do well in the market
Not much popular in rural areas
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OPPORTUNITIES:
Soap industry is growing by 10% in India
Beauty segments compounded annual growth rate
(CAGR) is very high Liquid body wash is currently in growth stage – Lux
should come out with more variants in this segment
Large market share – Strong hold over the market
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THREATS:
High internal competition (Pears – Beauty segment)
New entrants (Vivel)
Maturity stage – threat of slipping down to decline
stage – if constant reinvention is not carried out
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COMPETITOR ANALYSIS
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INTERNAL COMPETITOR:
Lifebuoy: 1895, 18% Market shares
External Competitor:
Godrej consumers products limited (GCPL):
2 nd Largest soap maker after HUL
9.2% Market share
Brands: Cinthol, Fairglow, Nikhar
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Wipro:
Brand: Santoor (No 1 in AP) and Chandrika
ITC:
1.75% growth in initial five months
Brand: Superia, Fiama di wills and Vivel
Sold in six states
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MARKET SEGMENTATION
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MARKET SEGMENTATION OF LUX
Gender: Female
Age: 16-35
Income: Middle income group (Rs. 15 to 20)
Highest selling beauty soap in urban area (Rural area:
Lifebuoy)
Expensive – Affordable,
Target Area: Urban and Sub urban – Upper middle and
middle class people
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PRODUCT POSITIONING OF LUX
Created Good Position – Buyers mind – Better product attributes, price and quality
Offering product in a different way
Offering – improved quality of the product – affordable price with high branding – to position the product as a best quality
beauty soap in buyers mind.
Market share of HUL: 54.3%
Market share of LUX: 15%
Better Positioning – Market leader of beauty soap
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RECOMMENDATION:
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RECOMMENDATION:
Ayurvedic variant
Lux kids special soap
Target rural area
Target male customers
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REFERENCES:
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REFERENCES:
www.capitaline.com
www.hul.com
www.wikipedia.com
www.mbaparadise.com
www.fmcg.com
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