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Product and service

Lakme & reliance fresh ( product and brand management)

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product and brand management

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Page 1: Lakme & reliance fresh ( product and brand management)

Product and service

Page 2: Lakme & reliance fresh ( product and brand management)

ABOUT THE COMPANY Lakme is an Indian brand of cosmetics founded by

Hindustan Unilever in 1973.

Lakme started as a 100% subsidiary of Tata Group.

Tata’s entered into a 50-50 joint venture with Hindustan Lever Limited In 1995.

In 1998 Tata sold off their stakes in Lakme Lever to Hindustan Lakme Lever, for Rs 200 Crore.

Page 3: Lakme & reliance fresh ( product and brand management)

4 P’S OF LAKME – MARKETING MIXPRODUCT It provides all cosmetic products that a girl want Face care products such as moisturizer, sunscreen ,

foundation etc. Eye – kajal ,eyeliner , eye shadow etc. Lips – lipstick ,gloss, lip liner etc. Nail – nail polish , remover

Page 4: Lakme & reliance fresh ( product and brand management)

PLACE Major distribution channels are : hypermarkets Super markets Departmental stores Other distribution channels are : Cosmetic discounters Ware house clubs Beauty saloons

Lakme has nearly 1000 distributors across India

Page 5: Lakme & reliance fresh ( product and brand management)

PRICING Priced high as it targets young brand conscious

people But cheap as compared to competitors such as

maybelline Differentiated pricing – according to quality and

quantity of product

Page 6: Lakme & reliance fresh ( product and brand management)

PROMOTION Promoted with the help of heavy ad campaigns and Strong brand ambassadors like kareena kapoor Events like lakme fashion week Promotion through internet and social networking

sites.

Page 7: Lakme & reliance fresh ( product and brand management)

SEGMENTATION women in the age group of 18 to 45 Focused on urban areas Concentrates on women who puts high

focus on style , fashion and beauty

Page 8: Lakme & reliance fresh ( product and brand management)

TARGETING

Most of the lakme products are meant for the upper and the middle class

Products like orchid and avaince are meant for the affluent

Products like eye artist and radiance target the middle income group

The brand does not actually target the lower segment. But elle -18 as it is cheap can be termed as the only product for this segment

Page 9: Lakme & reliance fresh ( product and brand management)

POSITIONING The target segment for the brand is

young women and the positioning of the brand is ‘trendy

and stylish complete range of products for skin and beauty care’

Page 10: Lakme & reliance fresh ( product and brand management)

BRAND IDENTITY PRISM PHYSICAL FACETtrendy and stylish complete range of products for skin and beauty care dedicated to all women RELATIONSHIPWomen strongly trust lakme and consider it as their beauty partner REFLECTIONA brand which is trusted by Indian women due to its effectiveness

Page 11: Lakme & reliance fresh ( product and brand management)

BRAND PERSONALITY Innovative Freedom Beauty Confidence and independBRAND CULTURE Innovation Expertise excellence

Page 12: Lakme & reliance fresh ( product and brand management)

SELF IMAGE Thanks to lakme , feel like on the top of

the world

Page 13: Lakme & reliance fresh ( product and brand management)

MAJOR COMPETITORS

REVLON YARDLEY GARNIER L’OREAL MAYBELLINE

Page 14: Lakme & reliance fresh ( product and brand management)

SERVICE : RELIANCE FRESH

Page 15: Lakme & reliance fresh ( product and brand management)

ABOUT RELIANCE FRESH Industry: Retail Type: Supermarket Chairman & Managing Director: Mukesh Ambani First Outlet: Hyderabad( Banjara Hills) Founded: 30th October 2006 Headquarter: Mumbai Area: 2000-4000 Sq. Ft.

Page 16: Lakme & reliance fresh ( product and brand management)

PLACE Located in small commercial complexes close

to 3-4 residential areas Observation: Close to cross roads Almost in all Major areas : In all major cities

and towns in india Targets semi urban population

Page 17: Lakme & reliance fresh ( product and brand management)

PRODUCT

Vegetables and fruits House hold items Food and beverages – All premiere brand + Private

label Groceries – only private label Dairy products Non veg food items Ready to eat items

Page 18: Lakme & reliance fresh ( product and brand management)

PROMOTION

Main idea – make bulk purchase

Discount scheme days – Saturday and Sunday

Reliance fresh membership card – Reliance One

Page 19: Lakme & reliance fresh ( product and brand management)

PRICING Main idea – make bulk purchase

Discount scheme days – Saturday and Sunday

Reliance fresh membership card – Reliance One

PRIVATE LABELS

Maximum Space: Own Products Less Space: Nestle Maggi, MTR Masala, Pepsi, Lay’s Chips.

Reasons: High Margin

Page 20: Lakme & reliance fresh ( product and brand management)

BRAND AS ORGANISATION Culture – Process driven Skill sets required – Advanced Compensation – Not high• People – Most important

• Staff uniform – red, green and blue• 1 week training to staff• Needs to be courteous, well trained and

informed - more of a generalist• New CEO – focus increasing on customer

satisfaction

Page 21: Lakme & reliance fresh ( product and brand management)

BRAND AS PERSON Role – Facilitator Role expectation – Doer Personification – Educated middle class

housewife Attitude – Value for money Age – middle class Relationship with customer – Friend

Page 22: Lakme & reliance fresh ( product and brand management)

BRAND AS SYMBOL Typical slogan – “Friendly neighborhood store” Typical sponsorship - Cookery show (events

around housewives and young women) Adjectives – useful, convenient

Page 23: Lakme & reliance fresh ( product and brand management)

THANK YOU ….