ACKNOWLEDGEMENT Preparing a project of this nature is an arduous task and I was fortunate enough to get support from a large number o persons. I wish to express my deep sense of gratitude to all those who generously helped in successful completion of this report by sharing their invaluable time and knowledge. It is my proud and previledge to express my deep regards to Respected HOD Prof. Y.S. Thakur,, Miss Pragya Bhargav Department of Business Management , Dr. Hari Singh Gour Central University Sagar for allowing me to undertake this project. I feel extremely exhilarated to have completed this project under the able and inspiring guidance of Miss Pragya Bhargav she rendered me all possible help me guidance while reviewing the manuscript in finalising the report. I also extend my deep regards to my teachers , family members , friends and all those whose encouragement has infused courage in me to complete to work successfully. (HEMLATA RAJ) B.B.A II Semester
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ACKNOWLEDGEMENT
Preparing a project of this nature is an arduous task and I was fortunate
enough to get support from a large number o persons. I wish to express my deep
sense of gratitude to all those who generously helped in successful completion of
this report by sharing their invaluable time and knowledge.
It is my proud and previledge to express my deep regards to Respected HOD
Prof. Y.S. Thakur,, Miss Pragya Bhargav Department of Business Management ,
Dr. Hari Singh Gour Central University Sagar for allowing me to undertake this
project.
I feel extremely exhilarated to have completed this project under the able
and inspiring guidance of Miss Pragya Bhargav she rendered me all possible help
me guidance while reviewing the manuscript in finalising the report.
I also extend my deep regards to my teachers , family members , friends and
all those whose encouragement has infused courage in me to complete to work
successfully.
(HEMLATA RAJ)
B.B.A II Semester
DELCLARATION BY THE CANDIDATE
Date :
I declare that the project report titled " PONDS " on Market Segmentation
is nay own work conducted under the supervision of Miss Pragya Bhargav
Department of Business Management Dr. Hari Singh Gour Central Uniersity Sagar
To the best of my knowledge the report does not contain any work , which has been
submitted for the award of any degree , anywhere.
(HEMLATA RAJ)
B.B.A IInd Semester
CERTIFICATE The project report titled "PONDS " been prepared by Miss
HEMLATA RAJ BBA IInd Semester , IInd Batch under the guidance and
supervision of Miss Pragya Bhargav for the partial fulfillment of the Degree of
B.B.A.
Signature of the Signature of the Signature of the
Supervisor Head of the Department
Examiner
CONTENTSS.No. TITLE Page No.
(A) Preface
(B) Acknowledgement
(C) Declaration of the Candidate
(D) Certificate
CHAPTER – 1
Introduction
Objective
History
CHAPTER – 2
Research methodology
Competitive Brands
Findings
CHATPER – 3
Data Analysis and interpretation
CHAPTER – 4
Suggestion
Conclusion
Limitation
Reference
o Questionnaire
o Bibliography
CONTENTS
S.No. TITLE Page No.
(A) Preface
(B) Acknowledgement
(C) Declaration of the Candidate
(D) Certificate
1 INTRODUCTION
2 OBJECTIVE
3 PRODUCT HISTORY
4 RESEARCH METHODOLOGY
5 COMPETITIVE BRAND
6 FINDINGS
7 LIMITATION
8 DATA ANALYSIS & INTERPETATION
9 SUGGESTION
10 CONCLUSION
REFERENCE
BIBLIOGRAPHY
QUESTIONNARE
ACKNOWLEDGEMENT
I would like to whole hearty thank and express my sincere gratitude to
Prof. Y.S. Thakur Head of the Department of Faculty of Management Studies
Dr. Hari Singh Gour Vishwavidyalaya, Sagar for suggesting me this problem
and for giving an insight in delaing with the subject
.I am highly obliged to Miss Pragya Bhargava, Miss Shakuntala Yadav
Lecturer, Miss Mayuri Jain, Dr. Shree Bhagwat, , Miss. Priyanka Jhakariya,
Miss Devagya Shrivastava, Mrs. Jyoti Pandey, Mr. Ankur Randheliya Mr.
Girbal singh Lodhi, and All Faculty member, for guiding me in various
aspects of this project like conducting field work and designing questionnaire
and suggesting me the Project Work and helping me in finalising the Report.
I express my gratitude to all the customers who very kindly discussed various
aspects of this study and provided useful suggestions for discussing various
problems.
Lastly, I Must express my gratitude to all the elders of the family and
citizen of the city who blessed me in course of discussion. I also extend my
sincere thanks to my family and my friends for their encouragement and
support.
HEMLATA RAJ BBA IIND SEM.
OBJECTIVE
To find out market strategy regarding product and service.
Knowledge about the competitive market.
To know the goodwill as demand of the product in world
Information related to consumer satisfaction and his use.
INTRODUCTION
COMPANY PROFILE
Hindustan Unilever Limited (HUL) is India's largest fast moving consumer
goods company, with leadership in Home & Personal Care Products and
Foods & Beverages. HUL's brands, spread across 20 distinct consumer
categories, touch the lives of two out of three Indians. They endow the
company with a scale of combined volumes of about 4 million tonnes and
sales of nearly Rs.13,718 crores. The mission that inspires HUL's over
15,000 employees is to "add vitality to life". With 35 Power Brands, HUL
meets everyday needs for nutrition, hygiene, and personal care with brands
that help people feel good, look good and get more out of life. It is a mission
HUL shares with its parent company, Unilever, which holds 51.55% of the
equity. The rest of the shareholding is distributed among 360,675 individual
shareholders and financial institutions. A Fortune 500 transnational,
Unilever sells Foods and Home and Personal Care brands in about 100
countries worldwide.
HUL is also one of the country's largest exporters; it has been recognised
as a Golden Super Star Trading House by the Government of India.
Over time HUL has developed into a viable & competitive sourcing base for
Unilever world wide in Home and Personal Care & Foods & Beverages
category of products. HUL is also a global marketing arm for select licensed
Unilever brands and also works on building categories with core country
Knorr-Annapurna, Kwality Wall's – are household names across the country
and span many categories - soaps, detergents, personal products, tea,
coffee, branded staples, ice cream and culinary products. They are
manufactured over 40 factories across India. The operations involve over
2,000 suppliers and associates. HUL's distribution network, comprising
about 4,000 redistribution stockists, covering 6.3 million retail outlets
reaching the entire urban population, and about 250 million rural
consumers.
HUL believes that an organisation's worth is also in the service it renders to
the community. HUL is focusing on health & hygiene education, women
empowerment, and water management. It is also involved in education and
rehabilitation of special or underprivileged children, care for the destitute
and HIV-positive, and rural development. HUL has also responded in case
of national calamities / adversities and contributes through various welfare
measures, most recent being the village built by HUL in earthquake affected
Gujarat, and relief & rehabilitation after the Tsunami caused devastation in
South India.
In 2001, the company embarked on an ambitious programme, Shakti.
Through Shakti, HUL is creating micro-enterprise opportunities for rural
women, thereby improving their livelihood and the standard of living in rural
communities. Shakti also includes health and hygiene education through
the Shakti Vani Programme, and creating access to relevant information
through the iShakti community portal. The program now covers 15 states in
India and has over 45,000 women entrepreneurs in its fold, reaching out to
100,000 plus villages and directly reaching to 150 million rural consumers.
By the end of 2010, Shakti aims to have 100,000 Shakti entrepreneurs
covering 500,000 villages, touching the lives of over 600 million people.
HUL is also running a rural health programme – Lifebuoy Swasthya
Chetana. The programme endeavours to induce adoption of hygienic
practices among rural Indians and aims to bring down the incidence of
diarrhoea. It has already touched 84.6 million people in approximately
43890 villages of 8 states. The vision is to make a billion Indians feel safe
and secure.
If Hindustan Unilever straddles the Indian corporate world, it is because of
being single-minded in identifying itself with Indian aspirations and needs in
every walk of life.
HISTORY
YEAR MILESTONES
1990Mr. S. M. Datta takes over as Chairman from Dr. A. S. Ganguly.
1991 Surf Ultra detergent launched.
1992HUL recognised by Government of India as Star Trading House in Exports.
1993
HUL's largest competitor, Tata Oil Mills Company (TOMCO), merges with the company with effect from April 1, 1993, the biggest such in Indian industry till that time. Merger ultimately accomplished in December 1994; Launch of Vim bar; Kissan acquired from the UB Group.
1994
HUL forms Unilever Nepal Limited, HUL and US-based Kimberley-Clark Corporation form 50:50 joint venture - Kimberley-Clark Lever Ltd. - to market Huggies diapers and Kotex feminine care products. Factory set up at Pune in 1995; HUL acquires Kwality and Milkfood 100% brandnames and distribution assets. HUL introduces Wall's.
1995
HUL and Indian cosmetics major, Lakme Ltd., form 50:50 joint venture – Lakme Lever Ltd.; HUL enters branded staples business with salt; HUL recognised as Super Star Trading House.
1996
Mr. K. B. Dadiseth takes over as Chairman from Mr. S. M. Datta; Merger of Group company, Brooke Bond Lipton India Limited, with HUL, with effect from January 1; HUL introduces branded atta; Surf Excel launched.
1997Unilever sets up International Research Laboratory in Bangalore; new Regional Innovation Centres also come up.
1998
Group company, Pond's India Ltd., merges with HUL with effect from January 1, 1998. HUL acquires Lakme brand, factories and Lakme Ltd.'s 50% equity in Lakme Lever Ltd.
2000
Mr. M. S. Banga takes over as Chairman from Mr. K. B. Dadiseth, who joins the Unilever Board; HUL acquires 74% stake in Modern Food Industries Ltd., the first public sector company to be disinvested by the Government of India.
2002HUL enters Ayurvedic health & beauty centre category with the Ayush range and Ayush Therapy Centres.
2003Launch of Hindustan Lever Network; acquisition of the Amalgam Group
2005 Launch of "Pureit" water purifiers
DISTRIBUTION NETWORK
Hindustan Unilever's distribution network is recognised as one of its
key strengths. Its focus is not only to enable easy access to their
brands, but also to touch consumers with a three-way convergence of
-
product availability,
brand communication,
and higher levels of brand experience.
HUL's products, manufactured across the country, are distributed
through a network of about 7,000 redistribution stockists covering
about one million retail outlets. The distribution network directly covers
the entire urban population.
The general trade comprises grocery stores, chemists, wholesale,
kiosks and general stores. Hindustan Unilever services each with a
tailor-made mix of services. The emphasis is equally on using stores
for direct contact with consumers, as much as is possible through in-
store facilitators.
The distribution network in general trade is as follows:-
The products that are manufactured are first brought to the JIT (Just In
Time) Depot from the factory. Then these products are delivered to
the Redistribution Stockiest according to the order placed by them,
this is done through Permanent Despatch Plan.Then this stock is send
to either retailers or wholesalers, according to the channel followed by
them. From there it reaches to the consumers.
FACTORY
JUST IN TIME DEPOT
REDISTRIBUTION STOCKIST
MARKET ( CHANNEL WISE )
CONSUMER
At the supermarkets
Self-service stores and supermarkets are fast emerging in metros and
large towns. To service modern retailing outlets in the metros, HUL
has set up a full-scale sales organisation, exclusively for this channel.
The business system delivers excellent customer service, while
driving growth for the company and the store. At the same time,
innovative marketing initiatives are taken to provide consumers with
experience of our brands at the store itself, through product tests and
in-store sampling.
This is termed as Modern Trade. It has got different distribution
network and work differently. It is fast gaining pace as more and more
people are turning to malls for shopping. Today shoppers don’t just
want to buy their daily groceries but they also want a shopping
experience. They want to spend time in air conditioned store, no more
they are ready to sweat for spending money. These big box retailers
provide them a platform where they can roam around, pick, compare
and choose their products. These stores provide them a whole new
experience of shopping without shedding any drop of sweat.
PRODUCT PROFILE
Hindustan Unilever is biggest company in the FMCG (Fast Moving
Consumer Goods) sector. Its products are divided into various
categories. These are given as follows:
Home and Personal Care: under this it is further divided into two
parts:
1. Dets: all the detergents and dishwashers are covered in
this. For example, Vim, Rin, Surf Exel.
2. Personal Products: this comprises of all the products
related to personal care. these are as follows:
- Oral: toothpaste and toothbrush ( Pepsodent, Close
Up)
- Skin: soaps, talcum powder, fairness cream, body
Part of the Unilever portfolio since 1986, Pond's recently announced
the launch of 'Pond's White Beauty Detox' range that gives a visibly
illuminated and nourished pink glow.
Talking of luminous, Pond's White Beauty is not just about skin
whitening for the consumer, but about a radiant healthy skin that gives
a nourished pink glow. Pond's White Beauty has detoxifying vitamins
B3, B6, E, and C, which neutralizes the effect of darkness-causing
impurities found in the environment and reduces accumulated
melanin, thus giving a smooth, pure and bright skin.
Pond's White Beauty represents the international expertise of Pond's
in providing superlative skincare regimes. Increasingly, Indian women
are looking for the complete skincare regime of cleansing, toning and
moisturizing and this product range provides all beauty regime
requirements.
The range consists of White Beauty Detox Cleanser which cleans
thoroughly, White Beauty Detox Toner, which tightens the open pores
and smoothens out the rough appearance of the skin; White Beauty
Skin Lightening Cream with Detox vitamins that nourish skin from
within, and White Beauty Detox Lotion, which replenishes skin's
natural moisture level and gives visibly glowing and smooth pinkish
skin.
POND’S AGE MIRACLE
As a brand that understands women, around the world, Pond's
recognizes that true beauty is derived from love and warmth as well as
the credibility of an international skincare heavyweight. Pond's is
offering a variety of ranges for women. Pond’s Age Miracle is another
example of that.
“Candlelight dinners, long drives and the sound of saxophones will be
part of your lives, once again. The smell of love in the air, the feeling
of your heart skipping a beat, once again.” When Hindustan Lever
threw a party to formally launch its premium Pond's Age Miracle range
it used these words in invitation. . The FMCG major promised to bring
romance back into the 35-plus woman's life with a new look courtesy
Pond's Age Miracle.
COMPETITIVE BRANDS
PRODUCT PROFILE
FIAMA DI WILLS (ITC)
The Fiama Di Wills range of soaps has been launched under the sub - brand SkinSense. The first variant to be introduced in this range is Soft Green. This is a gentle caring soap, which helps enhance retention of skin proteins making skin look beautiful and youthful.
In February 2008, ITC launched two new ranges of soap - Vivel Di Wills and Vivel -to cater to the skincare needs of a wide range of consumers. Backed by consumer insights, the ranges offer a unique value proposition of bringing together ingredients that provide multiple benefits of Nourishment, Protection and Hydration in a single product. Hence providing the ever discerning consumer complete care.
The packaging, reflecting the philosophy of the brand, fuses multiple benefits. The unique carton pack has been developed by ITC’s design team to provide a novel consumer experience.
The Vivel Di Wills range is available in two variants:
•
Vivel Di Wills Sheer Radiance is enriched with Olive Oil, to provide skin lustre to make it radiant.
• Vivel Di Wills Sheer Crème is enriched with Shea Butter, to moisturize skin to make it soft and supple.
The Vivel range is available in four variants
• Vivel Young Glow is enriched with Vitamin E and Fruit Infusions which help in providing youthful glow to the skin.
• Vivel Satin Soft is enriched with Vitamin E and Aloe Vera which help the skin feel beautifully soft.
• Vivel Sandal Sparkle is enriched with Sandalwood Oil and Active Clay which helps in providing clear skin.
• Vivel Ayurveda Essence is enriched with multiple Ayurvedic Ingredients which help protect skin from germs and harsh environment, keeping it healthy and beautiful.
Although the market trend shows that these ITC brands are no competition to Pears right now. But if ITC improves its distribution network then these brands can be a threat to HUL.
Fairness creams
FAIR ONE
'Fairone Fairness Cream' was launched jointly by Elder Pharmaceuticals and Shahnaz Husain. Elder Pharmaceuticals Ltd and Shahnaz Husain, herbal beauty specialist, had entered into an agreement to launch four skin care products during 2006-2007. Elder undertakes the manufacturing and marketing of the products, while the conception and composition is done by Husain. Elder Pharmaceuticals Ltd. is one of the leading companies in India in the skin care sector. The company is a major manufacturer of aloe vera-based skin care products.
TALCUM POWDER
CINTHOL
Cinthol talc is a product of GODREJ Consumer Products Ltd (GCPL). GCPL identifies Cinthol as its power brand. GCPL has launched new Cinthol range of soap, talc and deodorant with Bollywood actor Hrithik Roshan as its new brand ambassador. Cinthol offers a range of soaps, talc and deo sprays in three exciting fragrance - Classic, Cologne and Sport - in a new packaging. Cinthol has come out with a combi pack for this summer. It is in pack of 300g + 100g for M.R.P Rs.80.
SPINZ
Spinz talc is CavinKare Pvt Ltd(CKPL) brand.Spinz Talc is packed in sizes of 20 g, 50 g, 100 g and 400 g and comes in three fragrances:
Exotic Exchante Sandal
The Spinz talc’s target are girls of around 18 to 26 years old from SEC A and B. Easy-going and fun-loving, who loves to have a lot of friends with whom she spends time.
SUN CARE
LOTUS
Lotus sun care range is by Lotus Herbals. Lotus suncare has a wide range of variants available for all skin types. Their SPF(Sun Protection Formula) ranges from 15 to 60. This caters to the needs of all kind of people who need different type of SPF according to their exposure to the sun. Lotus is more priced than Lakme but gives a good margin to the retailers. This brand specializes in sunscreen manufacturing and it is very old in this field, due to this it has gained trust of people. It offers a wide range of facewash, creams and facepacks which provides protection against sun. The most sellind variant of Lotus are as follows:-
Block Cream (SPF30)(Suits all skin types)
This unique sun block cream has been specially made for Indian Summer. It provides complete protection against harmful UVA & UVB rays of
sun, reducing chances of skin tanning and ageing. Directions for use: Apply liberally and evenly on face, neck and any other exposed part of the body, atleast 30 minutes before stepping out in the sun. The cream will not get wiped off with perspiration / water. Avoid contact with eyes. Active Ingredients: Octyle Methoxy Cinnamate Z-Cote, Titanium Dioxide and Benzophenone-3.
Safe Sun - Daily Sun Block(SPF 40)(Suits all skin types)
3-in-1 Matte Look Daily Sun Block Birch Extract SPF 40 Sun Protection Skin Lightening Mattifying Incredibly Light, Fast Absorbing, Non-Shiny, Non-Greasy For all skin types. Daily sun block - water proof, Sweat proof Safe Sun 3-in 1 Daily Sunblock is a revolutionary sun protection formulation which combines Broad-Spectrum UVA / UVB protection with skin lightening ingredients to give a uniform matte finish to the skin. Its fast absorption and non-greasy formula ensures a shine-free, light & clean feel. Contains herbals extracts of Birch: Mattifying Mallow: Sun Protection Hops: Skin Lightening Directions for use: ============== Apply safe Sun 3-in 1 Daily Sun Block Cream liberally and evenly on face and exposed parts of the body (neck, arms, legs, etc.,) before exposure to Sun. Re-
apply frequently. Caution ====== For external use only. In a rare case, if rash or irritation occurs, discontinue use.
PREMIUM CREAMS
OLAY
Olay is a Procter & Gamble brand. It was acquired by Procter & Gamble in 1985. P&G greatly expanded Olay both in line up and in countries. Olay became one of P&G’s Billion dollar brands in 2003. In August 2007, Olay was launched in India. Olay has extended its heritage as a moisturizer to stay looking young, to formally creating the “anti-aging” category in mass stores with the launch of Total Effects in India.
RESEARCH METHODOLOGY
RESEARCH DESIGN
In my project I have used various tools of Exploratory Research. This
research will be done to gain background information of the problem.
An initial research will be conducted to clarify and define the nature of
the problem. The various tools used are experience surveys, in depth
interviews, secondary data analysis. Descriptive research was done
where questionnaires were given to the retailers and the wholesalers
to find out the competition in HUL skin category.
QUESTIONNAIRE DESIGN
The questionnaire consists of predominantly closed ended and option
based question in order to provide some ease to the respondents. In
order to make the questionnaire more effective following points are
covered:
• Uniformity in questions and ease of tabulation and analysis.
• Reduce subjectivity
• Easier to receive response
• Less time consuming.
The questions tried to cover all aspects required to analyze the skin
category of HUL and other competitive brands. The various variables
are analyzed in the questions.
SAMPLING METHODOLOGY
SAMPLE PLAN
The project was conducted for the geographical region of Sagar. The
sample size comprised of 10 General Stores, 5 exclusive wholesale,
10 Rural General Stores. The sample consists of both the retailers
and wholesalers of the general trade.
DATA COLLECTION
The data collection exercise was carried over a period of 15 days, in
the various markets of the region. Over the period of 15 days the data
was collected and then all the data was very carefully studied and the
results were found out.
DATA ANALYSIS & INTERPETATION
SKIN CREAMS
FAIR & LOVELY
Fair & lovely is the most successful fairness cream in the country. Based on a revolutionary breakthrough in skin lightening technology, Fair & Lovely is in market since 1978. The brand is very famous amongst the consumers because of the trust that they have developed with the company. People are satisfied with the quality and price. It is the mass product. The most selling variant of the FAL is multi-vitamin.
The competitors of FAL and the margins provided by them are as follows:-
COMPETITORS MARGINS
Fair One 20%
Fair & Handsome 20%
Garnier 15%
Although the sale of these brands are far behind FAL but these creams are a direct competition.
VASELINE
Vaseline Aloe fresh is the variant for the summers and it is doing very well. It does not have any direct competition because there is no other cream in the market for the summers. The other variants are Vaseline Body lotion and Vaseline Petroleum jelly these are the winter creams and there sale in summers is slightly low.
The competitors of Vaseline and their margins are as follows:-
COMPETITORS MARGINS
Emami (boroplus lotion) 20%
Nivea 20%
Ayur 18%
Garnier 15%
The projection of market share of the skin creams in Delhi is as follows:-
MARKET SHARE OF HUL AND OTHER COMPANIES IN THE SKIN CREAMS SEGMENT:-
HUL42%
GARNIER10%
EMAMI3%
OTHERS45%
HUL
GARNIER
EMAMI
OTHERS
The finding of the research shows that the estimated market share of HUL is 42%.
The share of HUL skin category creams in this 42% share is as follows:-
FAL77%
PCC8%
VPJ2%
PBL3%
VBL10%
FAL
PCC
VPJ
PBL
VBL
Here we can see that the major portion is covered by Fair & Lovely. It covers 77%. Vaseline body lotion has a share of 10%. Pond’s cold cream is 8% Pond’s body lotion is 3%.
TALCUM POWDER
POND’S
Pond’s came into being in 1947. Pond’s talc is feminine talc. It is perfume talc and caters to the needs of the women. It has got a very strong hold in the market. The consumers prefer to buy at least two type of talc for their family, pond’s talc form the part of the every basket.
Its competitors and their margins are as follows:-
COMPETITORS MARGINS
Spinz
Wipro (santoor & enchanteur) 25%
Nivea 20%
Cinthol 14%
There are other competitors as well like Premiun and Emami which comes in the combi pack of 400g + 400g. Cinthol comes in the combi pack of 300g +100g. These kinds of schemes affect the purchase pattern of people who are not brand loyal and are looking for some free gifts or scheme. A person from lower middle section of the society prefers to buy these talcs because of the value of money that they offer. PONDS baby talc is not the direct competitor of Pond’s but it is also a competition because women buy this talc because of the softness and fresh fragrance that it provides.
The market share of these talc are as follows:-
HUL45%
SPINZ2%
SANTOOR1%
CINTHOL12%
J&J20%
EMAMI2%
OTHERS18% HUL
SPINZ
SANTOOR
CINTHOL
J&J
EMAMI
OTHERS
The share of the variants of Pond’s in this 45% is as follows:-
DFT40%
DFM46%
POC11%
PST3%
DFT
DFM
POC
PST
The largest selling variant of Pond’s is Dream Flower Magic which is 46%, next comes Dream Flower Talc which is 40%. Pond’s Oil Control and Sandal Talc are 11% and 3% respectively.
PEARS
ITC has launched Fiama Di Wills in competition of Pears. Pears comes in 3 variants Pears Amber, Oil Control, Germ Shield. The largest selling variant is Amber. The consumer pattern shows that those who are loyal to this brand do not switch it easily. The brand loyalty of this product is more than any other. The other soaps which are is competition of Pears are Dettol with moisturizers, PONDS, Fiama Di Wills. Fiama Di Wills is a new product and is being liked by people. It is lagging behind in its distribution network as there is always stock out of this product. In the long run it can provide good competition to HUL.
POND’S WHITE BEAUTY AND POND’S AGE MIRACLE
Pond’s white beauty and Pond’s age miracle are in their initial stage of launch. These are premium brands, that is , they are high priced and
their target customers are upper middle class and upper class. These 2 products face competition from premium creams like Olay, Loreal, and VLCC. The market of these creams is small but slowly these creams are doing well are doing well. People are liking the quality of Pond’s and also the price that it is offering. The competition in this segment although is tough. This is because the consumer of these premium creams is very loyal to their brand and they do switch creams easily. They are not attracted by the schemes. Quality and brand name alone can attract their attention. A customer who is using Loreal will not easily switch Pond’s.
The estimated market share of Pond’s and its competitors is as follows:-
Pond's31%
Olay32%
Loreal17%
Garneir8%
Others12%
Pond's
Olay
Loreal
Garneir
Others
SUGGESTIONS
The company can launch a new variant of Pond’s, which could be Pond’s Fairness Body Lotion. This will cater to the fairness need of whole body and not just hands and face. The target customer of this variant can be the youth who are more boldly dressed and want the whole texture of the skin to be same. Most of the time the face looks fairer than the hands and the legs.
To launch a display scheme for Pears which can counter the competition from Fiama Di Wills that it may face in the future. HUL can buy windows from the retailers for the display of Pears soap and face wash.
The youth of today is not much into the consumption of fairness cream because they think it to be harmful for the skin and they are very conscious about the health of their skin. To cater to this segment of population which is very huge, Fair & Lovely can initiate activities which makes the youth aware about the qualities of the brand and to make them understand that the cream is not harmful for their skin.
The company can emphasize on the other qualities of Pond’s talc and not just as perfume talc. It can highlight its medicinal value which is of very necessary for the summers.
The can launch a new variant of Pond’s talc with new fresh fragrance. This will be for the people who like the brand due to the good quality that it provides but are bored of the fragrance that has been provided for so long. This will counter the competition and satisfy the target customers.
Lakme can come up with sunscreen which has more SPF so that it can counter the competition that it faces from its biggest competitor Lotus. As of now Lakme come in SPF 15 to SPF 30. It can also come up with sunscreen with higher SPF. Lotus ranges from SPF 15 to SPF 60. This way Lakme can cater to the needs of people who are more exposed in the sun and need more protection against it.
Pond’s White Beauty and Pond’s Age Miracle are in their initial stage so these brands need to communicate more to their customers. The company can promote activities in the mall where they are sold the most as these are premium brands and their target customer comes in the malls only. This will help in brand communication of these brands.
The company should emphasize more on mass retail than the wholesale as the whole sale is very price sensitive. The ideal ratio of wholesale is to retail is 30:70. The universal ratio is 40:70 and the HUL ratio is 50:50.
FACULTY OF MANAGEMENT STUDY
DR. HARI SINGH GOUR UNIVERSITY SAGAR (M.P.)
QUESTIONAIRE
Researcher's Name : Name of Person : ___________________
Class : B.B.A. II Sem Age : _____________________________
Gender : Occupation : ________________________
QUESTIONNAIRE
1. Which kind of Outlet do you follow?
o Exclusive wholesale
o Semi wholesale
o Family grocer
o Mass retail
o Chemist
o Super Value Store
2. Which of the following HUL Skin product you keep in your store?
o Fair & Lovely
o Ponds Dream Flower
o Vaseline
o Pears Soap
o Lakme Sunscreen
o Ponds White Beauty
o Ponds Age Miracle
3. What is the value of the monthly sales of the following products?
PRODUCT VALUEFair & LovelyPonds Talcum
Vaseline
Pears SoapLakme Sunscreen
Ponds White BeautyPonds Age Miracle
4. Which products are in competition with the following range of products and their competitive share?
Fair & Lovel
y
Ponds
Dream
Flower
Vaseline
Pears Soap
Lakme Sunscreen
Ponds
White Beaut
y
Ponds Age Miracl
e
5. What are the margins and inventory of competitors of HUL products?
o Fair & Lovely
COMPETITOR PRODUCT
MARGIN INVENTORY
o Ponds Talcum
COMPETITOR PRODUCT
MARGIN INVENTORY
o Ponds White Beauty
COMPETITOR PRODUCT
MARGIN INVENTORY
O Ponds Age Miracle
COMPETITOR PRODUCT
MARGIN INVENTORY
6. How much Inventory do you stock for the following HUL products?
PRODUCTS QUANTITYFair & Lovely
Ponds Dream FlowerVaseline
Pears SoapLakme Sunscreen
Ponds White BeautyPonds Age Miracle
Thank You for your prestigious time.
BIBLIOGRAPHY The information included in this project is taken from the reference:
BOOKS:
Marketing Research :
By C.R. Kothari
By Majumdar
WEBSITES:
www.google.com
www.indiainfoline.com
www.hul.com
LIMITATION
TIME CONSUMING
It is a time consuming activity.
COSTLY
In the preparation of project lot of money Waste
REQUIRED EFFORTS
It takes many efforts to complete the project in searching
magazine, news paper and Internet.
LACK OF SECONDARY DATA
Proper Secondary Data was not Available
FINDINGS
In the Absence of proper advertisement it is very
difficult to make sale.
As this product is costlier so people do not purchase it.
Sale in Small cities is very less
People also make purchase of Substitute Product .
No Proper local agencies are available.
CONCLUSION
Most of the female use ponds.
The market share of ponds is 31%.
Most of the consumer prefer the product due to its favorable price.
The packing of Product should be improved.
Competitive brand are Fiama di wills, fairone, spinz, lotus.
FACULTY OF MANAGEMENT STUDY
DR. HARI SINGH GOUR UNIVERSITY SAGAR (M.P.)
QUESTIONAIRE
Researcher's Name : Name of Person : ___________________
Class : B.B.A. II Sem Age : _____________________________
Gender : Occupation : ________________________
1. Which brands do you aware of?
Ponds. Nevia Lakme Fiamadiwill
2. Which brand of Cream do you use?
Nevia Lakme Ponds. Fiamadiwill
3. What are the primary reasons for which you use this particular brand?