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Category: DEODORANTS
Data Required, Future & Out
Problem Statement, Data & Assumption Deodorant Market Entry Statement Launch Strategy for Product Type Distribution & Market Strategy
of Box
Problem Statement:
Given Data
1. Should Tip Top enter the Deodorants market Deodorants as a Category has
2. Whether look at a specific market segment or look seen 3 Years of 18% YoY Growth
URBAN
at the overall market Total Size aaa 370 Mn $
3. Launch strategy in terms of 90% Vol
• Product Type DEODORANTS
• Distribution
• Marketing Strategy
MALE FEMALE
DEODORANTS
69% Vol 31% Vol
TIP TOP Market Presence (Key Players)
FRAGRANCE CATEGORY
Faster growth
Soaps
aaaa 21%
RURAL
Shampoos
10 % Vol Faster than
Moisturizing Creams Stagnation urban Growth at
(8+ Quarters) 29% PERFUMES BODY SPRAY
Fairness Products
Talcum Powder
Value-Pocket
Market Category Focussed Pack
Share(%) Growth(%) Growth(%) 2018-19 2019-20 2020-21 2021-22 2022-23
Male 69 16.65 116045455 135367023 157905632 184196920 214865707
DEODRANTS 18 Single Pack
Female 31 21 52136364 63085000 76332850 92362749 111758926
Total Vol. 168181818 198452023 234238482 276559668 326624633 Super Value
• Risk Diversification Pack
• Female- Early Presence
• Male+Female- Promising Future
• Entering Female will provide Exclusivity
Brand Recall
• Brand Extension
Opportunity • Brand Visibility in
Highly Fragmented Market Threat Personal Care
High Product Margin Competitors • Quick Entry
No Brand Loyalty Health Awareness • Economies of Scale
• Enter with Basic
Scope of taking Product Seasonal Market
Variant
International • Brand Presence
• Brand Recall Ability
Data Required, Future & Out
Problem Statement, Data & Assumption Deodorant Market Entry Statement Launch Strategy for Product Type Distribution & Market Strategy
of Box
Company Company Target: In India 65% population <35 Current Target Groups: Demography being
years of age Age Group
• 16-36 years has highest • 21-25 These Targets have high
Retail Retail Stockiest concentration of Customers • 25-31 presence on Digital Platforms
Stockiest Rural
Urban Promotion Platforms:
• Promoter at Modern Trade Stores and Beauty Advisors
Wholesaler Distributor (Shoppers Stop/ Lifestyle/Central Outlets)
Exclusive
• Digital Media Campaigns
Distributor Cash & Carry Competitive Higher Value
• Content Marketing
• Paid Promotion on Social Networking Websites/Apps Pricing for Money
• Influencer Marketing on Social Networking Websites/Apps
Packaging Wise Distribution • Social Issue related advertisements which make an impact
• Value Pocket Pack:- Pan+ shops, Small Grocer/ Retailer Stores, Tuck Shops, Pack of 2/4 online • Sponsoring youth Centric Events/ Live Demonstration
• Single Pack:- General Stores, Chemists, Cosmetics, Grocery Shops, Online
Product Mix that caters to Male and Female Women
• Super Value Pack:- Modern Trade Stores, Big General Stores, Online Emotional
Product Positioning: Value for Money + Sense of Centric Connect
Freshness
Selective Distribution Targeting: Male & Female Separately
Enter market with selective Distribution Channels so that we do not have a high level of liability in Advertise to include female as the centre stage
the market towards launching of our new product Differentiate Buy
• Enter a Selective Distribution Channel in North and East metro cities (Delhi & Kolkata)
• As and when there is and uptake in the sales of the product Strategic Partnership
• Flood other channels with your product • Salon Chains
• Hotel Industry Get
Numeric Distribution Use
Compensated
• Numeric Distribution used for Benchmarking the product POS in Different Zones SOCIAL MARKETING
• Tapping the Volume and Sales through them We are doing Our Bit…Are You??
If not Lets Start today with your most favourite
Return
Deodorant Brand
Data Required, Future &
Problem Statement, Data & Assumption Deodorant Market Entry Statement Launch Strategy for Product Type Distribution & Market Strategy
Out of Box