Date post: | 14-Sep-2014 |
Category: |
Business |
View: | 3,258 times |
Download: | 18 times |
MM2 TERM PROJECT
Presented By:Lakshman SinghNishant TiwariPriyankar ChakrabortySreetama Dutta
Praxis Business School MM2 Project - Air Freshener
PRODUCT CATEGORY - AIR FRESHENER
Date: December 12, 2012
2
AGENDA
Praxis Business School MM2 Project - Air Freshener
Overview - Air Freshener In Indian Market Product Category Market Segments Prominent Brands In Each Segment Air Freshener In Institutional Markets Air Freshener Price Market Segment Study Brand Positioning For Each Brand SWOT Analysis For “Dabur India Ltd” And “Odonil” Brand Extension – Proposal Marketing Mix Reasons For Choosing “ODONIL BREEZE” Car Air Freshener Bibliography
3
OVERVIEW
Praxis Business School MM2 Project - Air Freshener
Air care market growing at an average of 20% year on year The air freshener has 3% penetration in air freshener market Air care market size is Rs 300-crore in India
INDIAN MARKET SIZE Rs. 300-crore
CONSUMER MARKET SIZE66.03% (198-Crore Approx)
DIRECT SALES TO INSTITUTIONS MARKET SIZE
33.97% (101.9-Crore Approx)
Source: http://www.thehindubusinessline.com/industry-and-economy/marketing/article3621054.ece?ref=wl_industry-and-economy http://www.business-standard.com/india/news/fresh-%5Caer%5C-in-air-care-market/483708/
4
Praxis Business School MM2 Project - Air Freshener
2007 2008 2010
537924
1300
6631178 1373
610869
14031269
3003
4274
Number of urban households by SEC spending every month on air fresheners (in 000s)
SEC A SEC B SEC C Urban Inda
Number of households using the category has been increasing across all the SECs.
In urban India, the consumer base had increased by 236% from 2007 to 2010.
Source: IMRB wallet monitor studies of 2007, 2008 and 2010 (The Marketing Whitebook 2012-2013)
5
Praxis Business School MM2 Project - Air Freshener
2007 2008 2010
25 27 2728
46 44
32
4650
25
3741
Average monthly household spends on air fresheners by Zone (in Rs)
East West South North
The average spend on the category has increased to Rs 44 in 2010 from Rs 30 in 2007.
The buyers in the South Zone on an average spend more than the other Zones.
Source: IMRB wallet monitor studies of 2007, 2008 and 2010 (The Marketing Whitebook 2012-2013)
6
PRODUCT CATEGORY
42%
15%
14%
9%
2%
18%
Main Brands and Company Manufactured them with Shares 2010
Odonil - Dabur India Ltd
Ambi Pur - P&G Home Products Ltd
Premium - Helene Curtis India Ltd, JK
Air Wick - Reckitt Benckiser (India) Ltd
Lovin - Midas Care Pharmaceutical Pvt Ltd
Others
Praxis Business School MM2 Project - Air Freshener
Source: http://pitchonnet.com/blog/2012/05/21/air-fragrance-market-breathes-a-fresh-lease-of-life/
7
MARKET SEGMENTS
Praxis Business School MM2 Project - Air Freshener
AIR FRESHNERMARKET SEGMENTS
TYPES Aerosols/Sprays Electric Air Fresheners Gels and Candles Car Air Fresheners Fridge Fresheners Bathroom Fresheners
PRICE
High-End Segment Mid-End Segment
BENEFITS
Odour Removal Active Fragrance
Hanger Pack Net Pack Dispensers Canister
PACKAGING
8
PROMINENT BRANDS IN EACH SEGMENT
Praxis Business School MM2 Project - Air Freshener
Aerosols/Sprays
Electric Air Fresheners
Gels and Candles
Car Air Fresheners
Fridge Fresheners Bathroom Fresheners
Glades Aer Air Wick Renuzit
Air Wick Renuzit
Glade Ambi Pur Aer
Premium
Odonil
Premium Segment Mid Segment
Aer Air WickAmbi Pur
Odonil Premium
Hanger Pack Net Pack Dispensers &
Canister Odonil Odonil
Air Wick Odonil Aer
Odour Removal
Active Fragrance
Odonil
Ambi Pur Aer
TYPES OF AIR FRESHENERS
PRICE SEGMENT PACKAGING SEGMENT BENEFITS SEGMENT
9
AIR FRESHENER IN INSTITUTIONAL MARKETS
Praxis Business School MM2 Project - Air Freshener
Hotels Corporate Houses, Factories Malls Hospitals Railways Public Bathrooms Show Rooms Theaters Government Institutions and Buildings R5 Diversey has high presence in Institution market and Odonil has high
presence in consumer market.
10
PRICING - SEGMENT
Praxis Business School MM2 Project - Air Freshener
High-End Segment Mid-End Segment
Most prominent air freshener brands have similar pricing, Hence, we have segregated in the high-end segment and mid-end segment, in terms of pricing.
B2B Segment
11
Praxis Business School MM2 Project - Air Freshener
PRODUCT-Premium - Available in 3 variants- Easy to use (per packaging)
PLACE-Launched in metros
PROMOTION-Perfumed print ad-Carried out BTL promotions and activations
PRICE- Premium Category
PACKAGING Company: Godrej Consumer Products Limited Tagline/ Slogan:“The Way It Smells, and The Way It
Spells”
Positioning: A delightful experience, aer aims to bring alive consumer experiences to enhance their personal space at home
STUDY OF THE BRAND
12
Praxis Business School MM2 Project - Air Freshener
PRODUCT-Available in various flavors and varieties
PLACE-Targeted urban and semi-urban households
PROMOTION-Excellent brand promotion by advertising media and prints
PRICE-Standard price segment
PACKAGING Company: Reckitt & Benckiser (India) Limited Tagline/ Slogan:“It’s Good To Be Home”
Positioning: To transform your home to a great environment making it happy and joyous
STUDY OF THE BRAND
13
Praxis Business School MM2 Project - Air Freshener
PRODUCT-Known for quality- Available in various varieties
PLACE
- Excellent distribution network
PROMOTION-High advertisement compare to other brands
PRICE- Premium Category
PACKAGING Company: Procter & Gamble Home Products Limited Tagline/ Slogan:“A Touch Of Freshness To Your Home, and
Car”
Positioning: Eliminates tough odours and freshens the air as if washed
STUDY OF THE BRAND
14
Praxis Business School MM2 Project - Air Freshener
PRODUCT- Available in a variety of exciting fragrances
PLACE- Targeted urban and semi-urban households
PROMOTION- TV advertising
PRICE- Average price
PACKAGING Company: Dabur India Limited Tagline/ Slogan:
Positioning: Complete air freshening brand for every space in your home
STUDY OF THE BRAND
15
Praxis Business School MM2 Project - Air Freshener
PRODUCT- Quality fragrance- Easy to use
PLACE- Lack availability
PROMOTION- Hardly does any promotion
PRICE-Average price
PACKAGING Company: JK Helene Curtis India Limited Tagline/ Slogan:“Home, Fresh Home”
Positioning: Feel fresh and bring home freshness
STUDY OF THE BRAND
16
Praxis Business School MM2 Project - Air Freshener
PACKAGING Company: S.S.B Enterprises Established in the year 2011, the first commercial aerosol
plant for contract manufacturing in Andhra Pradesh Does direct marketing in terms of promotion
Positioning: The brand is positioned using the baseline " Fragrance Your Imagination". The company believes that perfumes relaxes the drivers and enhance comfort level. Since there is little competition, there is little promotion for this brand.
STUDY OF THE BRAND
17
SWOT ANALYSIS – DABUR INDIA LIMITED
Praxis Business School MM2 Project - Air Freshener
STRENGTHS
WEAKNESSES
THREATS
PPORTUNITIES
O
• Strong Brand Image and Product Development Strength
• Strong Distribution Network and an Extensive Supply Chain
• Products present in over 60 countries and distribution through 5000 distributors and 2.8 million outlets
• Dabur products has stiff competition from big domestic players and international brands
• Tap rural markets and increase penetration in urban areas
• Increasing purchasing power of people thereby increasing demand
• Mergers and acquisitions to strengthen the brand
• Intense and increasing competition amongst other FMCG companies
• FDI in retail thereby allowing international brands
• Competition from unbranded and local products
18
SWOT ANALYSIS - ODONIL
Praxis Business School MM2 Project - Air Freshener
STRENGTHS
WEAKNESSES
THREATS
PPORTUNITIES
O
• Available in easy-to-use & convenient packaging, such as 'Hanger Pack', 'Net Pack' , 'Dispensers' and ‘Sprays’
• Established brand support• Reasonable price• Available in a variety of
exciting fragrances
• Lack of knowledge about the home fragrances segment, mainly agarbattis, which are considered the original home fragrances
• Availability of cheaper substitutes
• Expand brand portfolio and make it a complete air freshening brand by bringing in car Air Fresheners
• Tie up with hotels, restaurants, airlines companies
• Bringing in home fragrances in the form of candles and gels, agarbattis.
• Develop customized fragrances for hotels and stores
• Aggressive competition from multinational giants
• Unexpected spike in input costs
• New entrants
19
BRAND EXTENSION-PROPOSAL
Praxis Business School MM2 Project - Air Freshener
COMPANY Dabur India Limited
BRAND Odonil
PROPOSAL Car Air Freshener Segment
20
MARKETING MIX
Praxis Business School MM2 Project - Air Freshener
PRODUCT
PRICE
PROMOTION
PLACE
Name: “Odonil Breeze” Packaging: Plastic bottles with adjustable lids Features: Bottles with 4 compartments containing different fragrances
Comparable Pricing in line with competitors
Free samples to customers in Car Showrooms, garages and car parking lots in malls Ads in TV and Newspapers
A three-pronged approach for distribution: General Trade Modern Trade Car Accessories Showrooms
21
SURVEY
Praxis Business School MM2 Project - Air Freshener
Car67%
Gel33%
Sample Size: 21 Following are the conclusions from the surveyQ Which are the following brands are you aware of?
Odonil AirWick Aer Glade
100% people were aware about Odonil.
Q If Odonil comes in following formats, which one will you go for?
Car Air Freshener Gel Incense Sticks
67% people would like to go for “Car Air Freshener”
Odonil AirWick Aer Glade
100.0%
90.5%
52.4%
4.8%
22
REASONS FOR CHOOSING “ODONIL BREEZE” CAR AIR FRESHENER
Praxis Business School MM2 Project - Air Freshener
Odonil has 42% market share in Air care market, which makes Odonil very popular. Therefore, no need of extensive advertising.
Dabur has strong distribution network and an extensive supply chain
Expand brand portfolio and make it a complete air freshening brand by bringing in car air freshener.
Number of households using the category has been increasing across all the SECs
Air care market growing at an average of 20% year on year Established brand support
23
BIBLIOGRAPHY
Praxis Business School MM2 Project - Air Freshener
http://pitchonnet.com/blog/2012/05/21/air-fragrance-market-breathes-a-fresh-lease-of-life/
http://pitchonnet.com/blog/2012/07/10/godrej-re-enters-the-air-care-market-with-aer/
http://www.dabur.com/Products-Home%20Care-Odonil http://pitchonnet.com/blog/2012/05/21/air-fragrance-market-breathes-a-fresh-le
ase-of-life/
http://www.premiumhomefresh.com/Premiumlavender.aspx http://marketingpractice.blogspot.in/2008/03/airwick-its-good-to-be-home.html
24
THANK YOU
Praxis Business School MM2 Project - Air Freshener