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Hair care industry
The hair care industry includes colour dyes, oils shampoos, conditioners

Market Information
The hair color market in India is worth 400 to450 crore and is growing at an increasing rate of
about 24 to 25% yearly
The annual production is estimated to be about 400 tones

Market Share
The approximate market share of the top players are as follows.
 Godrej is the market leader of the hair colour industry with approximately 45% (which consists
of their hair dye, powdered colour and their hair colour Godrej Coloursoft)
Loreal has a market share of 25% ( it does not compare with godrej as they want to increase their
profit margins over the next few years)
Revlon has a market share of about 12%
Wella has 8%
and others..(maybeline, bigen, blackrse, schawoarzkop)

Our Surevy
We only surveyed people who coloured there hair..Our sample size was 74 people
The majority of people we interviewed are from the niche market
Why did you colour your hair?
We did a survey of only women.
From the survey we conducted we found that all the younger women coloured their hair for
fashion or change and most of the older women coloured their hair to cover their grey hair.

Are you brand loyal?
There is high brand loyalty in this industry.

Are you willing to try a new product?
The younger people are more willing to try new products while some of the older women are
more hesitant but will still try a new product if they are confident it is of a better quality

Do you colour your hair at home or parlour?
A larger peruentage of people colour their hair in the parlour

Are you satisfied with your current product?
A larger %age of the older ppl said they are satisfied.

Do you face any problems?
60% were satisfied, 19% complained of dry hair, 9% complained of hair loss, 8% complained
that the color faded 4% said brittle hair.
Competitor analysis
these arethe prices of the diff productas and loreal has the highest price while godrej has the
lowest. These are their USPs(read them out)

the distribution channel for all the competitors is the same. That manufacturer to distributor to
stockist or wholesaler to retailer.
(product differentiation read from slide)

Porters 5 force model

Entrants-high because the capital investment required is low and other companies which are
already present in the hair care market will enter the hair color market.

Suppliers bargaining power – low
There are many suppliers thus their bargaining power is low

Substitutes
There are substitutes in the hair colour industry which are mehndi and henna. But we have kept
it as low as we are catering only to the niche market who would not use these substitutes

Competition
Moderate since there are many players in the market such as bla bla bla


Our product

Bellezza by Mac

We are launching a product in India under the parent company Mac


Segementation

We are targeting the age of 18-45 and we are targeting women of group sec A

We have targeted metros since our product is made for the upper class

Our Psychographic segmentation is based on lifestyle where we are targeting women who lead a
sophisticated and stylish lifestyle

 Behavioural- Women colour their hair on occasions
We are also targeting women based on their usage, since our colour is permanent we are
targeting heavy or regular users
Our product packaging includes a developer colourant and the para-phenylenediamine is what
gives colour to our product. The rest of the ingredients are primarily fillers and help in keeping
the hair nourished.

The rest of the product packaging includes the conditioner, gloves and brush.


Product Description

These are the shades
Read them out

The first 5 shades will be produced in a larger quantity at approximately 3:1 ratio as compared
top the other shades that are read the next slide

Product differentiation

Our product contains aloe vera and nourishing oil extracts which helps in giving the hair an
added shine and soft and keeps it moisturized.
USP
Contains vita h which is a chemical that contains shikakai amla aritha and oleth- 30
This reduces the dryness by 80% and increases shine.

Positioning
Only for the upper class since it is priced high.
Our parent company is extremely well reputed.This helps belezza to establish an image of high
quality in the minds of the consumers
Good for hair because it contains vita h

Position statement
Read from slide

Brand Personality

Branding strategy
Endorsement strategy- Our parent company is very well reputed internationally and ensures a
high quality product

Brand pyramid
Self explanatory

PLACE
Coverage area: we are basically covering big metros and cities as we most of the niche market
stays in these places.
Distribution channel
Read from slide
Our factory is located at upper noida as it is free from taxes.

PRICING STRATEGY
Market skimming – we have kept a higher price than our competitors to show that our product is
of high quality and we hope for a large profit targeting a smaller market

Frontal attack
Is basically attacking the strengths of the competitors for e.g price advertising promotion etc.

Promotions
Sushmita sen is our brand ambassador
Television ads- we plan to air it on channels such as star sony and mtv for the young college
crowd

Print ads
We are publishing our product in the following news papers- times of India and Indian express as
it is widely distributed

We are also displaying our product in magazines like the cosmopolitan elle femina ad hoardings
in popular destination among the cities we launch

Public Relations
We are going to conduct hair colour work shops at big malls and salons where we will offer to
colour or streak their hair free with the shades they choose. This will help get people aware of
our product

Sales personnel
Sales persions are well trained and well aware of all the benefits of our [product so that they can
properly explain to hair stylists and salons the most effective way of using the hair colour

Swot analysis

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2 haircare+industry+project

  • 1. FINAL SCRIPT Hair care industry The hair care industry includes colour dyes, oils shampoos, conditioners Market Information The hair color market in India is worth 400 to450 crore and is growing at an increasing rate of about 24 to 25% yearly The annual production is estimated to be about 400 tones Market Share The approximate market share of the top players are as follows. Godrej is the market leader of the hair colour industry with approximately 45% (which consists of their hair dye, powdered colour and their hair colour Godrej Coloursoft) Loreal has a market share of 25% ( it does not compare with godrej as they want to increase their profit margins over the next few years) Revlon has a market share of about 12% Wella has 8% and others..(maybeline, bigen, blackrse, schawoarzkop) Our Surevy We only surveyed people who coloured there hair..Our sample size was 74 people The majority of people we interviewed are from the niche market Why did you colour your hair? We did a survey of only women. From the survey we conducted we found that all the younger women coloured their hair for fashion or change and most of the older women coloured their hair to cover their grey hair. Are you brand loyal? There is high brand loyalty in this industry. Are you willing to try a new product? The younger people are more willing to try new products while some of the older women are more hesitant but will still try a new product if they are confident it is of a better quality Do you colour your hair at home or parlour? A larger peruentage of people colour their hair in the parlour Are you satisfied with your current product? A larger %age of the older ppl said they are satisfied. Do you face any problems? 60% were satisfied, 19% complained of dry hair, 9% complained of hair loss, 8% complained that the color faded 4% said brittle hair.
  • 2. Competitor analysis these arethe prices of the diff productas and loreal has the highest price while godrej has the lowest. These are their USPs(read them out) the distribution channel for all the competitors is the same. That manufacturer to distributor to stockist or wholesaler to retailer. (product differentiation read from slide) Porters 5 force model Entrants-high because the capital investment required is low and other companies which are already present in the hair care market will enter the hair color market. Suppliers bargaining power – low There are many suppliers thus their bargaining power is low Substitutes There are substitutes in the hair colour industry which are mehndi and henna. But we have kept it as low as we are catering only to the niche market who would not use these substitutes Competition Moderate since there are many players in the market such as bla bla bla Our product Bellezza by Mac We are launching a product in India under the parent company Mac Segementation We are targeting the age of 18-45 and we are targeting women of group sec A We have targeted metros since our product is made for the upper class Our Psychographic segmentation is based on lifestyle where we are targeting women who lead a sophisticated and stylish lifestyle Behavioural- Women colour their hair on occasions We are also targeting women based on their usage, since our colour is permanent we are targeting heavy or regular users
  • 3. Our product packaging includes a developer colourant and the para-phenylenediamine is what gives colour to our product. The rest of the ingredients are primarily fillers and help in keeping the hair nourished. The rest of the product packaging includes the conditioner, gloves and brush. Product Description These are the shades Read them out The first 5 shades will be produced in a larger quantity at approximately 3:1 ratio as compared top the other shades that are read the next slide Product differentiation Our product contains aloe vera and nourishing oil extracts which helps in giving the hair an added shine and soft and keeps it moisturized. USP Contains vita h which is a chemical that contains shikakai amla aritha and oleth- 30 This reduces the dryness by 80% and increases shine. Positioning Only for the upper class since it is priced high. Our parent company is extremely well reputed.This helps belezza to establish an image of high quality in the minds of the consumers Good for hair because it contains vita h Position statement Read from slide Brand Personality Branding strategy Endorsement strategy- Our parent company is very well reputed internationally and ensures a high quality product Brand pyramid Self explanatory PLACE Coverage area: we are basically covering big metros and cities as we most of the niche market stays in these places.
  • 4. Distribution channel Read from slide Our factory is located at upper noida as it is free from taxes. PRICING STRATEGY Market skimming – we have kept a higher price than our competitors to show that our product is of high quality and we hope for a large profit targeting a smaller market Frontal attack Is basically attacking the strengths of the competitors for e.g price advertising promotion etc. Promotions Sushmita sen is our brand ambassador Television ads- we plan to air it on channels such as star sony and mtv for the young college crowd Print ads We are publishing our product in the following news papers- times of India and Indian express as it is widely distributed We are also displaying our product in magazines like the cosmopolitan elle femina ad hoardings in popular destination among the cities we launch Public Relations We are going to conduct hair colour work shops at big malls and salons where we will offer to colour or streak their hair free with the shades they choose. This will help get people aware of our product Sales personnel Sales persions are well trained and well aware of all the benefits of our [product so that they can properly explain to hair stylists and salons the most effective way of using the hair colour Swot analysis