2. This Presentation Covers
Hair Care Market
Consumer trend
Scope of growth in this industry
Marketing strategy for new product
Challenge for the Whole sellers
Strategies to promote brand loyalty
3. The Hair Care Market
Stable market growth 2%
Growth outside Dhaka is
more than 8%
Middle class are major
market.
Dominated by multi-
nationals: Unilever 61%
Sales promotion benefit:
25%
Styling products:
Imported
4. Challenge & Strategies for Wholesalers
Challenges:Styling products
Smuggling
Baggage party
Dominance of imported styling products
Strategies :
Manufacturers
Retailers
Regulatory Authorities
5. Buying Motives:
Shift from convenience to beauty
Interest in augmented products
Interest in new products
Interest in mini packs: Lower & Lower middle class
Multi-buy Promotions
Shampoo-Conditioner
Insufficient product line
Styling & Hair Color products: Imported, Expensive,
large pack size.
6. New Product
Hair Color
URBAN
RURAL
LOW INCOME GROUP
HIGH & MIDDLE INCOME GROUP
MINI PACK
LOW PRICE
Promotion 1 year:
SALOONS
EXTENSIVE DISTRIBUTION
FAMILY PACK
PREMIUM PRICE
BRAND AMBASADOR
PROMOTIONTV,NEWSPAPERS,PARLOURS
SELECTIVE DISTRIBUTION
AUGMENTATION
7. New Product
Hair Colour
MALE
FEMALE
16 - 34 YRS
40 + YRS
BASIC / NATURAL
COLOURS:TRENDY,FEMINIE
COLOUR VIBRANT
COLOUR BASIC
VALUE ADD-HAIR SOFTNER
VALUE ADD- HAIR FALL
- MEDICATED
8. New Product
Style
Products
Upper Middle Class
&
Upper Class
Packaging
Augmented / Value Added
Small
Family
Promotion
-Brand Ambassador
-Beauty Parlor
-Saloon Sample
Price-Premium
18. Brand Loyalty
Effort to Protect & Promote Brand Loyalty
Line Extension
Customer Related Campaign
Advertisement through electronic & Printing Media
Brand Ambassador
19. Brand Loyalty Vs Market Growth
Brand Loyalty Ensures
Competitive Advantage
Influence Consumer Behavior
Barrier for Competitors
Create better value of the Firm
Contribution towards Price Increment
Brand loyalty in Shampoo & conditioner market.
Middle class consumers are major market player but they are not well covered by appropriate product.
Manufacturer are reluctant to change product line.
Styling market focus returns to beauty. Consumer trend is to change their habit experimentally.
Smuggle and baggage business is disturbing market growth. Wholesalers are loosing business as well as manufacturer.
There must be regular promotional activities & advertisement to protect brand loyalty.
Promotion must be in proper way by maintaining leadership position, market behavior, geographic area. It must be reinforce through caring.
Consumer likes to buy same branded shampoo & conditioners.