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Click to edit Master subtitle style Submitted bySampurna Rakshit -10BM60077 Siddharth Verma -10BM60086 Swarnabha Shankar Ray -10BM60092 4/29/12
Significant Issues
Changing hands
Started by Boots in 1948 Sold to Reckitt Piramal in 1997 for Rs 12.5 crores Sold to Dr. Morepen in 2001 for Rs 8.95 crores
Started as a cream to soothe and heal skin burns Started showing Haath Jal Gaya? TVCs in 1974 For 98% respondents solution to any burn was Burnol in 1988 Burns market currently at Rs 39 crore
4/29/12
Strengths
Strong brand recall No competitor in the burns segment Years of experience Entrenched in Indian minds as the best solution to domestic burns
Weaknesses
Unable to come out of the burns rut Turmeric seen as a staining agent Consumers not ready to accept other uses Constant change of ownership
Threats
Safer cooking methods Less burns Existing antiseptics Dettol etc Low purchase rates despite huge recall Image change difficult 4/29/12
Opportunities
Capitalise on the first-aid uses Product, package changes Growth is picking up Huge burns market B2B customers
High involvement
Brand Involvement
Low involvement
Informati on seekers
Brand switchers
4/29/12
Adding benefits
Offer the consumer multiple benefits Increase perceived value Stress on alternative uses: non burn wounds, non burn blisters
Changing product
Introduce newer variants: splashes, gels etc May introduce herbal variants/ additives Make it lighter and non staining for modern consumers
Changing package
4/29/12
Brand name : association with burn Most successful TVCs showed burn incidents only Tagline: Haath Jal Gaya? Shukar hai ghar me Burnol jo hai
Consumers perspective:
Safer cooking techniques Only 20% people actually own it Had high involvement with Boroline and Dettol (dogmatic)
Consumer Attitude:
rates