Académique Documents
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Mr.Smith Bhavsar
Ms.Rachana Shetty
What is brand? Name,sign, symbol,intended to identify goods & services of one seller from another
A rose by any other name would not smell as sweet Brand name provides an identity which differentiates Key marketing concept of positioning, imagery are centered around brand name
Brand Looks = Brand Symbol + Brand Name Brand Symbol = Brand character+ Brand Logo
Brand Association = Link up in memory with brands attributes, benefits and looks
The Firm
Brand Stories
Popular Culture
Brand Stories
Brand Stories
Brand Stories
Influencers
Customers
StORY NO.1
Indian analgesic and anti-pyretic market is a huge one, growing at 9.50% This market actually harbours 62 nationally distributed analgesics and over 100 local brands
Crocin has a market share of 18% in systemic analgesic categories It is also marketed as PANADOL in more than 80 countries is leading paracetamol in India
Product line
Crocin pain relief was launched in 2003
Crocin cold n flu currently has a market share of 4.20% and is the fastest growing brand within the crocin basket
The brand also came out with variants like Crocin Quik that boasted of faster relief
Crocin also came out with Crocin 1000 aiming at patients having arthritis
History
In India, more than 40 year back, crocin was introduced in the market by Duphar Interfran limited now DIL Limited for Rs. 45 crore
Initially it was prescription drug and was sold through ethical route only In 1996,duphar sold the brand to Smithkline Beechline
Soon, the govt. removed many drugs from ethical list including Crocin
Kapil dev was made as Brand ambassador for Crocin Pain Relief and this resulted in registering the brand in the minds of consumers
The rapid mutation of viruses and cross border travel, the viruses now had the opportunity of infecting more people Mild forms of flu and cold were becoming more frequent with more people
The new drug offered relief from multiple symptoms of cold such as blocked nose, headache, body ache, and mild fever
The major differentiator was that unlike most other medicines in this space Crocin Cold n flu did not cause drowsiness and this variant is already contributing significantly to Crocins net sales
Promotions
OTC drugs are aggressively advertised with each brand seeking to gain market share After the acquisition of crocin GSK developed a new communication strategy In those days, they compare the side effect of aspirin based analgesics with the crocin(recommended dose) i.e.; crocin was safer at recommended dose
GSK used this as a promotional strategy by positioning Crocin on the safety and easy on the stomach
By
This had the expected result of further fragmenting the market and took away the share of Crocin
The new drugs were perceived to be very effective and offered consumers a kind of safe remedy since they all came with the recommendation of doctors
Crocin was therefore, up against a mind set that there was no tangible reason to go back to it
Then, crocin decided to return to the formula that had been tried and successfully tested in international markets for its best selling drug, Panadol
GSK developed slice of life advertising showing real people in real situation for real reasons reaching out for a Crocin The result was spectacular Crocin won back its pre-eminent position in the market and registered a stunning 21% growth in sales
For entire generation, Crocin is more than a pain and fever reliever, it is a time tasted friend that has always helped bring comfort
Due to awareness of people, OTC market is growing continuously Pharmaceutical company should move their products from prescription to OTC
It increases the market share of the existing company Easy to access the medicines
StORY NO.2
Revital a well known drug from Ranbaxy laboratories. It contains vitamins and minerals
The latest data generated by market research entity AIOCD AWACS shows that Revital brands grossed Rs 158.5 crore for the 12 months ended February 2012 (on a moving annual total or MAT basis). The MAT value on February 2011 for the brand was Rs 140.7 crore. Comparable figures for the same period in 2010 and 2009 were Rs 117.5 crore and Rs 68.1 crore respectively.
Market analysis for Revital As per ORG IMS, Revital today is an Rs 140 crore brand 30 copycat brands in the domestic market Revital enjoys 87 per cent market share in its comparable health supplement segment and has continuously moved up the rank among the top 10 barnds in india (ORG-IMS).
The Journey
Revital has grown stronger with passage of time. A few milestones in its journey till date.
Revital takes birth as a prescription drug for vitamin supplements to help reduce tiredness and weakness in body and keep it fresh and active throughout the day.
1987
2002
It looks Revital over a decade to shift to OTC category as a daily health supplement. It happened only after the brand shifted from Ranbaxys pharmaceutical division to the current consumer healthcare arm.
Chosen amongst the top five brands in the Indian OTC market as per Nicholas Hall Yearbook. Later the brand also went on to win readers digest trusted award gold in the health.
2009
2009
Ropes in Yuvraj Singh as its first ever brand ambassador. This decision was proven to be extremely beneficial for the brand in 2011 when India won the cricket world cup and Yuvraj became the man of the series.
How it Switched.
Ranbaxy used a well through out television creative to target the consumer directly through advertising Revital was positioned to fit into the users hectic lifestyle empowering them with energy strength and mental sharpness, enabling them to enjoy life the fullest hence making them live the brand punch line of Jiyo Ji Bhar Ke
FROM MESSAGE
Freedom from fatigue Get energized/ re -fresh/ recharge Be a go better Do more.Achieve more Live life to the fullest Feel young in the mind & body The NATURAL way
Revital Segmentation
The target segment for revital is sport person and other person who is working
Advertising strategies
1.
Pre use scenario and post use benefit
BRAND RECALL
A sample size survey (23) people was conducted for brand recall for REVITAL. Here are the findings:
Yuvraj Singh Jiyo ji bhar ke Thakana mana hai Health supplement Benefits
16 14 4
9
11
THE IDEAS
MOBILE MARKETING
OUTDOOR MARKTING
OUTDOOR MARKETING
OUTDOOR MARKETING
PRINT ADVERTISEMENTS
PRINT ADVERTISEMENTS
PRINT ADVERTISEMENTS
PACKAGING
RADIO
Result: the brand promotion shifted to Doordarshan channels with the masses as the target consumer.
Brijesh Kapil, director, Ranbaxy Global Consumer Healthcare, says We had a sampling campaign which saw 12 million sample capsules being
challenging campaign.
StORY NO.3
Doing Well by Doing Good CAsE sTuDy: FAiR & LOvELy Whitening Cream
doing well by doing good (DWDG) proposition they have a corporate social responsibility to achieve some larger social goals, and can do so without a financial sacrifice
Fair & Lovely as an example of a product targeted at the poor or those at the bottom of the pyramid
1. Product strategy
Hindustan Unilevers fair &lovely is the leading
2. Pricing strategy
All fair and lovely products are available in sachet form just for Rs.5, Rs.10, Rs.15 India is a medicinal driven product market which changed the pricing behavior of the fair and lovely products Targets at all classes of people
Global outreach
3. Place strategy
HUL has one of the largest distribution
networks in India
1) About 2900 stockists
4. Promotional strategies
The bigness of Fair & Lovely lies in the fact that it transforms a woman in ways that are more than just skin-deep. Feeling good does wonders to self-confidence and Fair & Lovely helps people do just that. It gives them the self-belief to steer their own destiny
It gives them hope and changes the way they (and others) see themselves
the brand has today evolved to give women courage to move ahead, to challenge and change destiny itself All Fair & Lovely advertising is developed around this
Most importantly, almost every key advertising indicator has shown a huge positive trend with the brand perceived as modern and innovative by 59% of the total population, up from 41% in mid 2001 In April 2004, Fair & Lovely launched its latest variant an oil-control fairness gel with papaya and watermelon extracts for oily skin types One of the most interesting and far-reaching recent developments has been the launch of Fair
Fair and Lovely scholarships for women - Graduate, post graduate and PhD aspiring
Announced scholarships for women who are doing their graduation, post graduation and PhD in recognized universities Scholarship amount Rs. 1,00,000 & could be renewed for another year depending on the merit of the student
Should have secured 60% marks in 10th and 12th classes & should have good knowledge of English
Collected all necessary documents with the application Scholarships are announced after an interview depending on the course and the financial status of the applicant
Modes of promotion
Online Offline
TV COMMERCIALS
NEWSPAPERS
MAGAZINES
HOARDINGS
Doing GOOD
Independent researchers like Hammond and Prahalad (2004) cite the comments of a young female street sweeper who expressed pride in using a fashion product, that will prevent the hot sun from taking a toll on her skin as it did on her parents
According to Hammond and Prahalad,
She now has a choice and feels empowered because of an affordable consumer product formulated for her needs
Criticism
Whitening creams sell like hot cakes, although there is no documented benefit
Fair & Lovely is not categorized as a pharmaceutical product Unilever has not been required to prove efficacy
I have never come across a medical study that substantiated such claims [of whitening] No externally applied cream can change your skin color Dr. R.K. Pandhi, head, Department of Dermatology at AIIMS, Delhi Ironically, despite the obsession with fair skin, dark skin is actually healthier and less vulnerable to skin diseases than lighter skin
Professor ABM Faroque, Chair, Department of Pharmaceutical Technology, University of Dhaka, Bangladesh
Controversial Advertisements
The exact amount spent on advertising is a proprietary secret
It is reported that Unilever spent $7 million on advertising Fair & Lovely in Bangladesh
In India, it was among the most advertised brands during the World Cup in 2002
TV commercial aired in Malaysia a train attendant fails to catch the attention of her love interest, a businessman who buys a ticket from her everyday, until she appears one day with fairer skin as a result of using Fair & Lovely
Negative Comments
Brinda Karat, General Secretary of the All India Democratic Womens Congress (AIDWC)
The Air Hostess Is discriminatory Called the Fair & advertisement is on the basis of Lovely demeaning to the color of skin advertising women and it and an affront campaign should be off to a womans highly racist the air dignity
I will not allow repellent advertisements such as this to be aired Fair & Lovely cannot be supported because the advertising is demeaning to women and the womens movement,
Unilevers response
Countered the Criticism
The current commercials show a negative and positive situation
We are not glorifying the negative but we show how the product can lead to a transformation A well-groomed person usually has an advantage in life the company has not done anything wrong
Fair & Lovely commercials were about choice and economic empowerment for women
Conclusion
Despite all the controversies and negative comments, Fair & Lovely is clearly doing well It is a profitable and high growth brand for Unilever in many countries, especially in India Millions of women voluntarily buy the product and seem to be loyal customers Unilever is fulfilling some positive social goal
StORY NO.4
Vitamin V
Blue Diamond
What is Viagra..?
Sildenafil citrate(PDE enzyme)blocker. Initially developed to treat hypertension and angina pectoris by Pfizer. Later on major side effects reported including Penile erection. In 1992, researchers changed direction to develop Viagra for ED(Erectile dysfunction).
Celebrity endorsements
Numerous sites on the Internet offer Viagra for sale after an "online consultation", often a simple web questionnaire
On May 6th of 2013 Pfizer announced to sell Viagra directly to the patients online on company website.
After initial huge success sale of Viagra became stagnant in 2003 due to launch of Cialis (Lilly) Levitra (GSK, Bayer)
United States
India
Price competition As cheaper generic version of drug available No advertisement allowed by government
pharmaceutical company to
Make a successful entry in a new therapeutic
segment.
Launching a globally successful brand in a new
market.
Launching its product in a price competitive environment.
"We strongly believe that there is an unmet need of the doctors. Patients are actually seeking introduction of the original Viagra."
- Kewal Handa, Managing Director, Pfizer Ltd. (PL), in 2005.
Surprise surprise
Pfizer also surprised most industry analysts and doctors by pricing Viagra at Rs 594 (100 mg tablet)
"I don't think doctors will prescribe Viagra. When we have economical options available, why prescribe the costly one?"
- Dr. B.K. Roy, Endocrinologist and Hormone Specialist, Sex and Hormone Center, New Delhi, in 2005.
Evoke fear but make it seem like just another problem because it has a solution
What mediums???
Cinema hall slides in multiplexes
People of all ages and classes Comparatively inexpensive Women, prime influencer in such matters also can receive message
Flexibility in placement Inexpensive
Human banners
What mediums???
Posters in washrooms (In malls, multiplexes, clubs, 5-star hotels etc.) Non-public medium Inexpensive
Posters
StORY NO.5
Guess???
One of the best examples of crisis management.
Deepak sir mentioned it for brand recall Product of J & J. ANALGESIC
Introduced by McNeil laboratories as a liquid alternative to aspirin for children. Achieved Non prescription status in 1959 by
Initial marketing- promoted as a tablet Consists of acetaminophen- a drug without stomach irritation.
Sales in 1974- $ 50 million, 10% of the analgesic market. Line extension in 1982: Extra strength Tylenol in tablet and capsule formmarket share 37%
Used by 100 million Americans
8% of J & J sales.
Tylenol the most potent pain reliever you can buy without prescription.
In October 1982 -Seven people died in the Chicago area taking extra strength Tylenol capsules.
Most marketing experts believed that the damage to the reputation was almost irreparable and that it would neve recover.
on one day every single human being in the country thought that Tylenol might kill them. I dont think there are enough advertising dollars, enough marketing men, to change that youll not see the name Tylenol in any form within a year
releases
Reaction of Competition
Aggressive Acetaminophen brands increased unit sales from 5% share to 11% share Bayer sales rose 50% in October American home products announced unprecedented demand for Anacin 3 and advertised Like Tylenol, Anacin is aspirin free Bristol- Myers- ask your doctor about dantril Bayer- At Bayer, we take care, we have been doing that for 25 years
Weakly tracking surveys- 1000 respondents $1.5 million for marketing research.
Dr Thomas N. Gates
Youre all aware of the recent tragic events in which extra strength Tylenol capsules were criminally tampered within limited areas. This act damages all of us- you the American public because you have made Tylenol a trusted part of your healthcare and we who make Tylenol because we have worked hard to earn that trust. We have voluntarily withdrawn all Tylenol capsules. We will reintroduce capsules in tamper resistant containers as quickly as possible. Until then we urge al Tylenol users to use tablet form. Tylenol has had the trust of medical profession and 100 million Americans for over 20 years. We value the trust too much to any individual tamper with it. We want you to continue to trust Tylenol.
The heavy media schedule for the ad ensured that 85% of the market viewed the ad at least 4 times during the week
3 Ad executions to convince
the consumers
Testimony of loyal Tylenol users- 3 Ad executions. 1st- consumers reaction to the tampering incident 2nd- supporter before the incident reasserting her trust in tylenol 3rd- testimony of a user that she could still trust the product.
By February 1983 sales of Tylenol had almost fully returned Decades later- a $ 1 billion brand with extensions in cough and cold remedies. Next largest pain reliever competitor has only half the market share of Tylenol.
Major factor for managing crisis- skillful handling Another factor however was the equity of the brand and its
The flawless handling of the Tylenol product suggest 2 keys to efficiently manage a crisis
LAUNCHED!!!