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Having been a consumer goods and retail giant over the years, HUL has a huge
repository of consumer data that includes information regarding their preferences,
buying patterns, demographics etc. The plan is to leverage this data to run prioritized
targeted marketing campaigns through data analytics.
(Example for Demographic targeting: It makes more sense in advertising and pushing
an Ayurveda product to a 40+ year old customer rather than a customer aged around
20 years).
2. Cash in on the Make in India and Swadeshi sentiment across the country by
branding the entire Ayurveda product lineage as Swadeshi and homegrown.
4. Leverage the capabilities of social media in reaching out to a wide consumer base
at negligible cost.
7. Set aside a dedicated marketing budget without which foraging into a segment
that is already captured by a major player is difficult.
8. Target tier 2 and tier 3 cities where HUL has better distribution channels and
higher penetration as compared to Patanjali.
Please make sure you use more robust frameworks to evaluate our proposals, SWOT
might not be the most ideal framework for evaluation. Having said that, the points of
contention for most frameworks will invariably hinge on SWOT Analysis.
Strengths:
1. Huge amount of consumer data (no other player in the industry has as much
insight into their customers as we do).
3. Favorable brand perception in the country. One of the oldest names in Consumer
Goods industry.
1. Late entrant into the Ayurveda products scene therefore no first mover
advantage.
Opportunities:
Threats: