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Marico Brand Extension LIVON ‘I LOVE MY HAIR’ Shefali Chauhan PGP30225
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Page 1: Pgp30225  Shefali Chauhan

Marico Brand Extension

LIVON‘I LOVE MY HAIR’

Shefali Chauhan PGP30225

Page 2: Pgp30225  Shefali Chauhan

Hair Care• Hair Oils• Hair Color

Healthcare• Healthy refined

edible oil• Functional Foods

Male Grooming/ Styling• Deodorants• Hair

creams/gels/wax

Skincare• Body Lotion• Cosmetics

Beauty & Wellness Solutions Leading MNC Group

• Market Capitalization : 288.12 Billion

MARICO- At a Glance

Page 3: Pgp30225  Shefali Chauhan

Robust growth in the Indian market

Market value is according to the Retail Selling Price (RSP)

HAIR CARE

INDUSTRY

Conditioners

Hair Colorants

Pems & RelaxersShampoos

Styling Agents

MARKET OVERVIEW

Page 4: Pgp30225  Shefali Chauhan

MARKET DATA ANALYSIS

Page 5: Pgp30225  Shefali Chauhan

0%

2%

4%

6%

8%

10%

12%

14%

16%

2009 2010 2011 2012 2013 $-

$500

$1,000

$1,500

$2,000

$2,500

India Haircare Market Value: $millions, 2009-13

0%

2%

4%

6%

8%

10%

12%

14%

2009 2010 2011 2012 2013 $-

$500

$1,000

$1,500

$2,000

$2,500

India Haircare Market Volume: $millions, 2009-13

• The compounded annual growth rate of the market in the period 2009-2013 was 12.1%

• The growth rate (value based) is expected to decline in the future

• The compounded annual growth rate of the market in the period 2009-2013 was 10.3%

• The growth rate (volume based) is expected to decline in the future

Page 6: Pgp30225  Shefali Chauhan

Conditioner46.42%

Shampoo38.81%

Hair colorants13.20%

Styling agents1.20%

Pems & relaxers0.37%

Market segmentation: % share, by value, 2013

China31%

Japan29%

India12%

South Korea5%

Rest of Asia Pacific23%

Geographic segmentation: % share, by value, 2013

Marico Limited, 16.7%

Unilever, 14.9%

Dabur India imited, 11.3%

Procter & Gamble, 9.6%

Other, 47.5%

Indian haircare market share: % share, by value,2013

Independent retailers, 79.9%

Convenience stores, 5.7%

Pharmacies/ grug stores, 4.5%

Specialists retailers, 3.9%

other, 6.1%

Indian haircare market distribution: % share, by value,2013

Page 7: Pgp30225  Shefali Chauhan

MARKET COMPETITORS

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4P Analysis

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PRODUCT

PRICE

PRO

MO

TIO

NPLACE

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Hair serum that puts an end to:• Tangled,• Dry &• Unmanageable hair

‘Cutisoft’ Formula Softens cuticle by sealing moisture Vitamin E rich Leaves hair silky, smooth and manageable

PRODUCT- Silky Potion

‘Let your hair down ANYTIME and ANYWHERE’

Page 11: Pgp30225  Shefali Chauhan

PRODUCT- Moroccan Silk Serum Hair serum that puts an end to:

• Detangling• Hair breakage

Goodness of Moroccan Argan oil Protects from UV rays- sunscreen protect Nourishes and softens hair Conditioning agent from Japan Long lasting radiance and shine to hair

‘Effortless Detangling, Effortless Beauty’

Page 12: Pgp30225  Shefali Chauhan

PRICELI

VON

SIL

KY S

ERU

M

AMAZON

FLIPKART

SNAPDEAL

LIVO

N M

ORO

CCAN

SER

UM AMAZON

FLIPKART

SNAPDEAL

• 50 ml: -• 100 ml: Rs 215

• 50 ml: Rs 112• 100 ml: Rs 210

• 50 ml: Rs 165• 100 ml: Rs 215

• 30 ml: - Rs 149• 59 ml: Rs 245

• 30 ml: -• 59 ml: Rs 245

• 30 ml: Rs 149• 59 ml: Rs 259

Page 13: Pgp30225  Shefali Chauhan

PRICE AND PLACE Not a premium product Feel based buying behaviour As compared to the competitors Livon is not highly priced Distributed through various channels:• E-commerce websites• Kirana stores• Pharmacies• Marts• Cosmetic stores

Page 14: Pgp30225  Shefali Chauhan

PROMOTIONWebsite for both the products

http://marico.com/india/brands/livon/livon-silky-potionhttp://www.livonilovemyhair.com/#overview

Page 15: Pgp30225  Shefali Chauhan

PROMOTIONYouTube channelANDTV Commercials

Page 16: Pgp30225  Shefali Chauhan

PROMOTIONMAGAZINE ADVERTISEMENTS CELEBRITY ENDORSEMENTS

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Positioning

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COMPETITORS PRODUCTS

Price: Rs. 365 (100 ml)Removes split ends, glossy shine, silky smooth hair

Matrix

Price: Rs. 600 (50 ml)First Aid for split ends, ‘Unifi brine’ smoothing polymer, protects from further damage

Loreal

Price: Rs. 160 (100 ml)Natural moisture locking and conditioning effect, enhancing hair and smoothens unmanageable hair

Streax

Page 19: Pgp30225  Shefali Chauhan

POSITIONING

POP

SMOO

TH

HAIR

SHIN

EPR

OTEC

TS

DAM

AGE

POD

CUTI

SOFT

FO

RMUL

AVI

TAM

IN-E

RI

CHM

OROC

CAN

OIL

Page 20: Pgp30225  Shefali Chauhan

KEY POINT OF DIFFERENCELivon’s key differentiating points are:

CUTISOFT Formula: Helps keep the hair smooth, shiny and manageable through scientifically proven hair protecting

polymers Protects further frizziness

Vitamin-E rich: Vitamin-E is useful in preventing greying of hair, stimulates hair growth, keeps hair lustrous and

prevents split ends Moroccan oil:

Moroccan oil is proven to prevent drying of hair, keeps hair smooth and gradually treats them