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7/31/2019 New Entrant Strategy
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New en t r an t ’s st r at egyAT HEN A POLI AS – St r ategy Con sul t i n g case stu d y
By Team,
RockFord
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 1
Study Objectives
Analysis of Hand rub manufacturers to determine the
opportunities and threats for entry strategy for hand
rub market in India
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 2
Objectives
Approach Used
Manufacture Analysis
Consumer Analysis
Opportunities and Threats
Research Data
Table of Contents
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 3
A set of manufacturer Goals and consumer Preferences were determined from news,
blogs, websites, social media conversations on the subject of purchasing hand rubs.
Using the Goals and Preferences, we interpreted the market research data and
recorded the activity of the current manufacturers P&Q, Himgiri, Pure Car.
The observations and ratings shows how each manufacturer is meeting their goalsalong the dimensions of the consumer preferences
By rating the quality of activity seen, we plotted charts to make conclusions on
relative performance and generated insights on threats and opportunities for Utsuk.
• Consum erPreferences
• M anufactu rerGoals
Detai led SecondaryResearch
• AssessM anufact urers
• Using a Goals-Preference M at rix
Research assorte dW ebsite s • Qual i ta t ive
observat ions
• Quant i ta t iveassessments
Analysis
• Threats
• Oppor tun i t ies
Synthesis
Approach Used
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 4
On creating Trust – Leading brands have natural advantages but unbranded have done well
too
Analysis of Manufacturers Goals
P&Q is the M arket Leader
Being a market Leader had bui ld t rust on consum ers.
Varied Produ ct Port fo l io.
0
2
4
6
8
10
12
Trust Awareness Competitive Segmentation Distribution
channel
P&Q
Himgiri
Pure Care
Manufacturer Goals
E f f e c t i v e n e s s ( o u t o f 1 5
)
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 5
On creat ing Aw areness - Unbranded p layers have generated awareness on ly due to p r ice
range. Branded p layers leveraged th eir aw areness th rough bo th pr ice and qual i ty .
On Creat ing Competit iveness - Qual i ty and Pr ice have been exem pli f ied by P& Q and
Unbran ded as representat ion of Com pet it iveness .
On Creat ing Segm ent - Range and pr ice is th e only m eth od seen for creat ing segm ents.
Himgir i is the new ent rant in ant i -microb ia l hand rub m arket :
New in m arket haven ’ t bu i ld t rust wi th th e consumers.
Pure Care is one of the leading brands :
Trusted b y consum ers .
Var ie ty o f p roducts .
P&Q is the M arket Leader
Varied Produ ct Port fo l io catering to dif fer ent needs.
Prod ucts in d if fer ent packages target in g dif ferent segmen ts of people.
Prov ide low est p r ice in the m arket .
Himgir i is the new ent rant in ant i -microb ia l hand rub m arket :
Deals in d if feren t prod uct ranging from Personal Care to pharm aceut ical
Pure care is one of t he M arket Leader :
Pro d u ct r a n e in cl u de w i e s a nd h an d l ot i o n an d l i u id h an d w a sh .
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 7
Are consumer expectations being fulfilled?
The above graph measures the consumer preferences in effectiveness ( scale of 1 to 15).
Protection – All the three competitors position their product as protection against illness.
And it has a high correlation with establishing trust on the Manufacturer. Utsek has to
position its product as the protection product as there is a room for improvement.
Analysis of Consumer Preferences
0
2
4
6
8
10
12
P& Q
Him giri
Pure Care
Consumer Preferences
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 8
Cleanliness – Consumer rank as the cleanliness as one of the high preference areas. Utsek
can position its product as high cleanliness product.
Price – P&Q and other branded product provides a high range of price. There is low
competition in the low prices an opportunity for Utsek.
Alcohol content - Only P&Q and pure Care have projected there product with alcohol
content. Utsek can come up with the product having high alcohol content , which would
in case target salons and clean rooms increasing consumer base.
Fragrance – A hand rub with a fragrance is also being preferred by the consumers. Most
branded players have perfumed products.
Packaging – P&Q provided packaging in 50 ml bottles for lower prices. Utsek can package
the products in small sachets for lower price ranges.
Anti-Microbial – consumers are ware that anti microbial hand rub is most effective . Utsek
can position its product as this.
Additional Features( Moisturizer and Deodorant) – Customers usually prefers hand rubs
that an also act as moisturizer and can have a deodorant effect. Utsek can provide a product
with can provide these additional features.
Recommended by specialist – Customers generally prefer if a dermatologist refer any
product for usage. Many branded players haven’t positioned its product as such except P&Q .
Utsek has opportunity to position its product as same.
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 10
Performance of the Manufacturer in meeting consumer preferences.
Vendor GoalsCreate
Trust
Increase
vendor
awareness and
accessibility
Competitive
Differentiation
Focus on
specific market
segments
Improve
distribution
channel
onsumer Preference G1 G2 G3 G4 G5
Protection P1 P P P
eanliness/Disinfection P2 P P P H
Price of the product P3 P P P H
Alcohol content P4 P.PC P.PC
Fragrance P5 P,PC PC P.PC
Packaging P6 P,PC P P,PC P,H,PC P,H,PC
Anti Microbial P7 h ,pc P, h, pc h, pc
Additional Features(
moisturizing and
deodorant)
P8 P,PC P,PC pc pc, H
Recommended by
specialistP9 P,H P,H H H
P- P&Q(Pureshield) , H- Himgiri, PC- Pure care
Note: Entry as caps indicates stronger correlation.
High Correlation
Medium
Correlation
No Correlation
Summary of opportunities and Threats usings nthesis Matrix
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New ent r ant ’s st r ategy
AT HENA POLIAS – Str ategy consult ing case stud y Page 11
Cell Ref Opportunities Recommendation
G1*P1 Create trust through productProduct providing higher level of
protection
G3*P1Protection as the competitive
differentiation factorPosition product using protection
G1*P2Create trust through cleanliness
feature of product
Product providing higher level of
Cleanliness
G3*P2Cleanliness as the competitive
differentiation factor
Position product using cleanliness as
one of the feature
G1*P3 Price as factor to create trust Provide quality product with variedprice range
G2*P3
Varied price range in increasing
awareness among different segment of
consumers
Provide product in different packages
with different Price range.
G3*P3 less competition in low price rangeProvide product in different packages
with different Price range.
G1*P4 Market prefers High alcohol content Product with higher alcohol content
G1*P5 Create trust through product Provide varied fragrance range
G2*P5 create varied range of product Increase product accessibility
G3*P6Scope to provide product in different
packages
Provide product in small sachets in
appropriate price range
G1*P7 to create quality productto provide products with anti-microbial
contents
G3*P8to create products with additional
features
Products having moisturizing and
deodorant effect
G1*P9 to build trust through recommendationMarket the product in collaboration
with specialist/dermatologist
Better Trust –Protection--Information to buyer—Smart packaging—segmentation –better
distribution model
Summary of Opportunities (Gaps seen)