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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Title : Integrated Marketing Communication Report on


Revital

Subject : Integrated Marketing Communication

Prepared by : Nirav Patel, Keyur Savalia, Mitesh Shah

Submitted to : Ms Manasi Marfatia

Stevens Business School, Batch: 2009 - 2011

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

INDEX

Sr No. Content Page Number

1 Company detail 03

2 Current Market Analysis 05

3 Introduction of new segment 08

4 The analysis of new segment 09

5 Segments and target segment with justification 11

6 Re Positioning and justification 12

7 Media Plan 13

8 Media Costing 21

9 Revenue From Campaign 24

10 Conclusion 25

11 Annexure 26

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

1. COMPANY DETAIL

Name of company : Ranbaxy Pharmaceutical Company


Profitability : Rs 1.6 billion profit in last quarter
Market share : Ranbaxy is one of the leading pharmaceutical companies in India commanding
a market share of around 5%.
Competition : Major competitors are Bio-Vital, Supraactive

SWOT of Company

Strengths
 Low cost of production
 Large pool of installed capacities
 Efficient technologies for large number of Generics
 Large pool of skilled technical manpower
 Increasing liberalization of government policies

Weakness
 Fragmentation of installed capacities
 Non-availability of major intermediaries for bulk drugs
 Very low level of Biotechnology in India and also for New Drug Discovery Systems
 Lack of experience in International Trade
 Low level of strategic planning for future and also for technology forecasting

Opportunity
 Aging of the world population
 Growing incomes
 New diagnoses and new social diseases
 Spreading prophylactic approaches
 Saturation point of market is far away

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

 New therapy approaches


 New delivery systems
 Spreading attitude for soft medication (OTC drugs)
 Spreading use of Generic Drugs
 Globalization
 Easier international trading
 New markets are opening

Threats
 Containment of rising health-care cost
 High Cost of discovering new products and fewer discoveries
 Stricter registration procedures
 High entry cost in newer markets
 High cost of sales and marketing
 Competition, particularly from generic products
 More potential new drugs and more efficient therapies
 Switching over form process patent to product patent

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

2. CURRENT MARKET ANALYSIS

Revital
 Revital is a comprehensive daily food supplement that has a balanced combination of vitamins,
minerals and ginseng. Ginseng is a herbal extract, commonly used to added energy and well
being. The dosage of essential nutrients including vitamins A, B -complex, C, D and E, minerals
and other trace elements cover the daily requirements of an individual.

Dose of Revital
 Just one capsule a Day
 The intake should be at the most 2 capsules a day.
 It can be consumed for 2-3 months at a stretch and can ones again be started after 15-20 days.
 Revital can be taken by both male and females over 12 years of age.
 Revital is suitable for diabetics as it does not contain sugar.

REVITAL cap 10's (IRP: rupee 75)

30's (IRP: rupee 180)

Revital Segmentation
 The Target segment for Revital is Sport person and other person who are working. They show in
advertisement that working person use this Revital then the person will healthy.

Revital Target Segment


 The target persons are working professionals who worked for longer period of time. They use
Revital for the refreshment.

Revital Positioning and marketing Strategy


 Revital brand carries the promise of Jiyo Jee Bhar Ke (live life to the fullest), a message that gets
well with the public image of the cricketer.

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Revital Promotion and its Result


 In 2005, when Revital's sales growth declined, the Ranbaxy brass figured out that a course
correction was needed. Research showed that the brand was identified too much with metro or
urban consumers and needed to connect with Bharat.
 Result: the brand promotion shifted to Doordarshan channels with the masses as the target
consumer.
 What also helped was the consumer healthcare division’s strong sales and distribution system
spread over 865 towns through over 1,000 distributors.
 Brijesh Kapil, director, Ranbaxy Global Consumer Healthcare, says “We had a sampling campaign
which saw 12 million sample capsules being distributed through magazines in six months time.
Simultaneous was a media plan which announced a 21-day money back challenging campaign.”
 The brand promotion exercise was also location-specific with a ‘Rural van initiative’ seeing the
company running 100 vans each day in select rural pockets of the country.
 Result: Revital made a successful transition from the prescription to the OTC markets by
leveraging the scientific edge into a functional benefit. Direct consumer promotion was done in
vegetable markets, chemist outlets and high traffic areas. The product distribution is now being
expanded from chemist outlets to general stores to make it a part of the monthly grocery
purchase.

Market analysis for Revital


 As per ORG IMS, Revital today is an Rs 140 crore brand
 30 copycat brands in the domestic market
 Revital enjoys 87 per cent market share in its comparable health supplement segment and has
continuously moved up the rank among the top 10 brands in India (ORG-IMS).

Revital Competitor Analysis


Sr. No. Brand Name Company Name Price Market Share
(Pack 10)
1 Revital Ranbaxy 75 87%
2 Supractive Piramal 60 4.2%
Healthcare

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Reason for new Segment

 Currently Revital is in Maturity Phase. Now the sales remain almost constant for revital.
 Launch of new category under Revital help company to go back in growth stage through new
market.
 This new market is growing very high rate. So, for next few years revital is in growth stage.

Market segmentation is based on following things:

Geographic Psychographic
 Density: Urban  Social Class: Middle class
 Lifestyle: Striver
Demographic
 Personality: Ambitious
 Age: 22-35 year
 Family Life cycle: Young Behavioral
 Income: more than Rs. 20000 p.m.  Occasions: Regular
 Occupation: Professional  Benefit: Health

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

3. INTRODUCE NEW MARKET OR SEGMENT WE ENTER

Profile of new Segment


 Generation: Generation X, Generation Y
Geographic
 Nationality: Indian

 Country: India Psychographic


 City: Metro size cities like Hyderabad,
Chennai, Bangalore, Delhi,Mumbai
 Social class: Working class, middle class,
 Density: Urban
upper middles, lower uppers, upper
 Climate: Northern, Southern
uppers

Demographic  Lifestyle: Achievers, Strivers, Survivors


 Personality: Compulsive, gregarious,
 Age: More than 12 year authoritarian, ambitious
 Gender: Male, Female
Behavioral
 Family size: 1-2, 2-4 or more
 Family life cycle: young single, young
 Occasions: Regular occasion
married without child, young married
 Benefits: Health
with child, older
 User status: Nonuser
 Income: more than Rs. 20000 per
 User rate: Light user, medium user,
month
heavy user
 Occupation: Corporate women,
 Loyalty status: medium, strong,
Housewives
absolute
 Education: Grade school, College
 Readiness stage: Unaware
graduate
 Attitude toward product: Enthusiastic,
 Race: Asian
positive

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

4. ANALYSIS OF THE SEGMENT WE WISH TO ENTER

4.1) Indian diabetic patients segment


Size of the segment
 In 2010 : 7 to 10 million
 In 2025 : 57 million will be expected

Growth of the diabetic patient segment


In urban area : 10% to 11% growth per year

 Hyderabad : 16.6% growth per year


 Chennai : 13.5% growth per year
 Bangalore : 12.4% growth per year
 Delhi : 11.6% growth per year
 Mumbai : 9.3% growth per year

In rural area : 3% growth per year

Diabetics’ patient as per income level

 Upper income group : 10%


 Lower income group : 33%

Source : http://www.dancewithshadows.com/business/pharma/india-diabetes.asp

4.2) Indian Women Segment:

 Population of India in 2010: 1.18 billion (Estimated value)


 Population of Indian Male in 2010: 610622352
 Population of Indian Women: 574264312
 Population of Indian Women above 14 years age: 397237421

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Age Structure for 2010 population

Population
Years
In % Male Female
0 – 14 years 31.1% 194725399 177026891
15 – 64 years 63.6% 386251044 364334532
Above 64 years 5.3% 29645909 32902889

Source : http://en.wikipedia.org/wiki/Demographics_of_India

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

5. PROVIDE SEGMENTS. BASED ON SEGMENTS SELECT TARGET MARKETS


AND JUSTIFY YOUR CHOICE
Segments
 Indian men segment below 14 years age
 Indian men segment above 14 years
 Indian women segment below 14 years age
 Indian women segment above 14 years age
 Indian Pregnant women segment
 Indian Diabetic patients segment
 Indian Sports segment

Selected Segment with Justification

Indian women segment above 14 year:


 It is safe to take Revital after 14 years of age
 More health conscious
 Very less competitor in this segment

Indian Diabetic Patients segment


 No such medicine is available for this segment for energy purpose.
 It is completely safe for diabetic patient to take Revital with their regular medicines.
 New emerging market

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

6. SELECT POSITIONING (DIFFERENT FROM CURRENT ONE) AND JUSTIFY


THE SAME
Older positioning:
 Sports and only men segment

New Positioning:
 Indian women segment above 14 years
 Indian diabetic segment
 Indian pregnant women segment

Justification
 The older positioning of Revital is for those men segment whose life is tough and lots of
hardworking life.
 While in case of new positioning, Revital is positioned as nutritional supplement which energize
women health and it is safe for diabetic patients also.
 Due to new kind of positioning the size of the market is increase and we try to position Revital as
a 1 or 2 tables per day and due to that sales volume will be increase which is not possible in
older positioning.

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

7. MEDIA PLAN

Current Media Plan


Advertising Analysis
 Target segments are sportsperson. These are highly exposed to TV media. Major advertising part
goes to the TV media.

Media Strategy
 Sportsperson are generally like to watch TV.
 Advertisement is appeared in cricket match or any sports event.

Television Media
 DD Sports
 Neo Sports

New Media Plan

Media Plan has mainly five steps.


1. Market Analysis
2. Advertising Analysis
3. Media Strategy
4. Media Scheduling
5. Justification and Summary

Market Analysis
 Current Sale : Rs 110 Crore
 Profit : Rs 40 Crore
 New Segment :
1) Women: Till today Revital only focus on sports person. Our target segment is woman.
2) Diabetic Patient: In India Diabetic Person increase day by day and Revital is also useful for
them.
 Here pricing remains same because this price is affordable to target segment.

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Advertising Analysis
 Our target segments are women. These are highly exposed to TV and Print media. So, we are
focusing on it. Major advertising part goes to the TV and Print media.

Media Strategy
 Women are generally like to watch TV. So, we are majorly focused to give advertisement in TV.
We also like to give advertisement in Print, internet and hording.

Media Scheduling
 Media scheduling include the various media vehicle and time of ad is given.

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

January Campaign

Print Media Advertisement

No. of Total Print Media


Size of
News Paper Advertisement Advertisement in
Advertisemnet
per Month month

The Times of 121-240 scm 1


India >824 scm 1

121-240 scm 1
Divya Bhaskar 6
>824 scm 1

The Economic 121-240 scm 1


Times >824 scm 1

Hoardings

Total No. of
Metro Cities Location No. of Hoardings
Hoardings

Banglore MG (Brigred) Bus stop 3

Chennai Megestic 3

Delhi New Delhi Railway Station 3

Hyderabad Shikandara bag 3 21

Kolkata Bada Bazar 3

Mumbai Boriwali Hailway Station 3

Ahmedabad Helmet crossing, 3

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Internet Advertisement
Advertisement Description Location Duration
orkut, facebook,
Top right of homepage 1 month
linkedin, baby-gaga.com
orkut, facebook,
Buttons like Side Bar 1 month
linkedin, baby-gaga.com
orkut, facebook,
Under Poll or Log In 1 month
linkedin, baby-gaga.com
Blog for Revital Discussion with Experts Revital Blog 1 month

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

February Campaign

Television Market
For 30 seconds commercial Advertisement
Advertisement Description Location Duration
During Commercial break of
Bidaai, Behenei, Rishta Kya Star Plus 12 spots per month
Kehlata hey
During Commercial break of Baat
Hamari pakki hey, Comedy ka Sony Tv 12 spots per month
daily shop, Mahi way
During Commercial break of
Pavitra Rishta, Sanjog se bani
Zee Tv 12 spots per month
sangigni, Mera naam karegi
roshan

Radio Advertisement
Hours Frequency in min Total duration / day Rate/ 10 sec Radio Station
6 30 mins 30sec*12times=360 sec 200 2

For Pregnant Women


No. Hoardings Location Duration

7*30 = 210 Gynecology clinic 1 month

For Diabetic Patients

No. Hoardings Location Duration


7*30 = 210 Diabetologist Clinic 1 month

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

March Campaign

Literature or Brochures No. of Copies


Preg-card 7*30*100=21000
Diabet-card 7*30*100=21000

Free Sample of Revital


No. of free Total Free
Given to No. Of Doctors
Sample Sample
Gynecologists 7*30=210 10 2100
Diabetologist 7*30=210 10 2100

Calendars to Doctors

No. of Total
Given to No. Of Doctors
Calendars Calendars

Gynecologists 7*30=210 10 2100

Diabetologist 7*30=210 10 2100

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

April Campaign

Mobile Campaign
Frequency of SMS
SMS Title Detail of SMS
Member Non Member
Precaution for diabetics,
Revital-D tips for dibetic patients, 1 sms per weak 1 sms per day
Up date of Diabetics
Sports news, Business
Revital-F 1 sms per weak 1 sms per day
Updates
Precaution during
Revital-P preganacy, tips for 1 sms per weak 1 sms per day
preganant women

May Campaign

Campaign for free Diabetes check up


No. of Days 2 days
Location 7 metro cities
No. of Clinics 35

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

June Campaign

Sponsorship Activities

 Sponsor Girls sport Activities and competition of inter college or inter university sports
 Sponsor Cultural events of colleges and universities

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

8. MEDIA COSTING

News Paper costing

Total Print media Cost


Total Cost for 6 month
News Paper during Entire Campaign
campaign in Rs
in Rs

The Times of India 27770400

Divya Bhaskar 3886200 62501400

The Economic Times 30844800

Total
Hoarding charges Hoarding
Cost
Total
Charges per
Metro Cities Location Duration cost in
Month in Rs
Rs
Banglore MG (Brigred) Bus stop 1 month 45000

Chennai Megestic 1 month 30000


New Delhi Railway 275000*3*6
Delhi 1 month 45000
Station = 4950000
Hyderabad Shikandara bag 1 month 45000 275000

Kolkata Bada Bazar 1 month 30000


Boriwali Hailway
Mumbai 1 month 50000
Station
Ahmedabad Helmet crossing 1 month 30000

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Television Market Television Cost


1800000*5 =
For 30 seconds commercial Advertisement
9000000
Rates per
Advertisement Description Location Duration No. of Months
month
During Commercial break of Bidaai, Behenei, 12 spots per
Star Plus 600000 5
Rishta Kya Kehlata hey month
During Commercial break of Baat Hamari 12 spots per
Sony Tv 600000 5
pakki hey, Comedy ka daily shop, Mahi way month
During Commercial break of Pavitra Rishta,
12 spots per
Sanjog se bani sangigni, Mera naam karegi Zee Tv 600000 5
month
roshan
1800000

Total
Internet Costing Internet
Cost
Charges Charges Total
Advertisement
Location Duration per Click per cost in
Description
in Rs Month Rs
orkut, facebook,
Top right of
linkedin, baby- 1 month 0.25 108000
homepage
gaga.com 324000*5
orkut, facebook, = 162000
Buttons like Side Bar linkedin, baby- 1 month 0.25 108000 324000
gaga.com
orkut, facebook,
Under Poll or Log In linkedin, baby- 1 month 0.25 108000
gaga.com

Total Cost for


Radio Advertisement Radio
Advertisement
Total
Total
Frequency Total duration / Rate/ 10 Radio price/
Hours price/
in min day sec Station month*(In 432000*5 =
day
Rs) 2160000
30sec*12times=360 7200*30*2
6 30 mins 200 7200 2
sec = 4,32,000

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Mobile Advertisement

Cost for SMS per Total cost for Mobile


Total SMS per month
month Advertisement

3,25,000*3=
15,00,00,000 3,25,000
9,75,000

Rs 1 for 400 SMS

CSR Activities
Cost Rs 5000000

Other Promotional Activities


Charges per Total cost
Metro Cities Unit Cost in Rupees
Month in Rs
Free sample to gynecologists 7*30*10 = 2100 2100*75 = 157500
315000
Free sample to Diabetologist 7*30*10 = 2100 2100*75 = 157500
Calendars to Gynecologists 7*30*100 = 21000 2100*50=105000
210000
Calendars to Diabetologists 7*30*100 = 21000 2100*50=105000
Brochures to Gynecologists 7*30*100 = 21000 21000*20=420000 19,25,000
840000
Brochures to Diabetologist 7*30*100 = 21000 21000*20=420000
Posters at Gynecologist clinics 7*30 =210 210*500 = 105000
210000
Posters at diabetic clinics 7*30 =210 210*500 = 105000
Diabetic Campaign cost 350000 350000

Total Cost of 6 months Campaign in 7 metro cities


Media Total Cost of Media in Rs
Print media 62501400
Hoardings 4950000
Television advertisements 9000000
Internet Advertisement 162000
Radio Advertisement 2160000
Mobile Campaign 975000
CSR Cost 5000000
Other promotional Cost 1925000
Total Cost 9,11,73,400

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

10. Revenue Generation from Campaign

From Mobile Campaign

Minimum member for SMS Subscriber

= 1% of Metro cities Population

= 40,07,375

Charges for SMS Subscription for month is Rs 10

Total Revenue generation per month

= Rs 10 * 40,07,375

= Rs 4,00,73,750

Total Revenue from Mobile Campaign during 6 mix Campaign

= Rs 4,00,73,750 * 3

= Rs 12,02,21,250

Cost of entire Campaign

= Rs 9,11,73,400

Total Revenue generated During Campaign

= Rs 12,02,21,250

Profit After completion of Entire Campaign

= Rs 2,90,47,850

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

9. CONCLUSION

 Our target segments are women. These are highly exposed to TV and Print media. So, we are
focusing on it. Major advertising part goes to the TV and Print media.
 Women are generally like to watch TV. So, we are majorly focused to give advertisement in TV.
We also like to give advertisement in Print, internet and hording.
 In TV media we majorly give advertisement in Star Plus, ZEE TV, and Sony Tv during evening to
between 6pm to 10pm.
 We would like to show our advertisement in starting of break because at that time flipping is not
done.
 The advertisement will show in 18 times in a day in 3 different channels.
 Women majorly read the Divyabaskar, Economics times and Times of India. We will give
advertisement in that newspaper.
 Women are also part of social networking site like www.orkut.com, www.facebook.com etc and
we give our advertisement on these king of website.
 Hoardings will be placed near Satellite, Thaltej, University road and C.G Road due to high traffic
on these places.

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

10. ANNEXURE

IMC Campaign
Time Scale: 6 month

Month – 1

 Hoarding

 Newspaper Ad

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Month – 2

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Month – 3

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Stevens Business School, Batch: 2009 – 2011 IMC Report on Revital

Month 5 and 6

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