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History
1955 Horlicks limited, England
1956-57 Punjab plant opened
Beecham bought Horlicks limited,
Beecham(UK) and Smithkline(US) merged
in 1989 to form Smithkline-Beecham
To Glaxosmithkline in Jan 2000
Dec 27 - Smithkline-Beecham and Glaxo
merged into GSK
Marketing strategy
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Promotion
Targeting
Availability
Advertisement
Brand has been endorsed by Amitabh
Bachchan between 1960-70s
Vishwanathan Anand in 1980s
Sponsered movies like Ice Age 2,
superman returns
5 video ads
Taller,stronger,sharper
Promotion
Price Discounts – Rs7 on half kg and
Rs12 on 1 kg
Gifts – pencil box, car, plastic
containers, clock, frisbee, scholarship
for students
Targeting
Two types:
Requirement
Women horlicks, Junior horlicks,
Horlicks lite
Income group
Asha horlicks
General Horlicks
Availability
Rs 5 / Rs 10 / Rs 28 / Rs 75 / Rs 130 /
Rs 225 packet varients
In two flavours-Regular & Chocolate
Two types of packet
Refill pack and Jar
Mom and pop shops
Available almost everywhere
Facts
In india 2 billion cups of horlicks are
drunk everyday
All horlicks bottles sold in india in a year
if placed end to end would form a chain
6 times a length of THE GREAT WALL
OF CHINA
It was first milk mix containing wheat
BIC Perfume
History
Founded in 1945
Based in France
Main products:- Fountain pens, Pencils,
Cigarette lighters, Disposable Razors.
Foray into perfume market in 1988
About the product
First fine French perfume.
It has 2 variants each for men and women.
For men–Bic men & Bic sport
For women–Jour & Nuit.
This perfume was introduced into the
market as low cost varient for existing
costly perfumes.
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Bic, already having a brand name spent
negligeble amount for total
advertisements
Thought of selling the product on its
existing customer confidence in its
brand success as an extension of its
brand name.
Targeting
It mainly targeted the middle income
group
Since perfume is associated with luxury
and comfort, the intention was to
provide the same for the common man
at affordable prices
Promotion
Was to be sold at existing Bic outlets
An introductory price of $5 per bottle
Since already a low budget perfume so
no gifts or discounts.
Reasons of failure
Used no advertising mode.
It resembled cigar lighter in it’s shape.
It didn’t meet the expectation of being a
luxury product.
Belief that their existing clients would accept
their new product
Unable to create a new image for the
perfume.
Conclusion
The success or failure of a product
depends not only on the quality of the
product but also on some aspects like
promotion, targeting, advertising,
survey on the needs of consumers etc.