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Skin Deep Loyalty

         Presented by:-
         Ankit Mohan
         Anuj Nijhon
         Veeraj Vashishtha
Delaware India – Personal Care
• Delaware has a skincare brand Taru-all
  purpose cream with Brand Equity.
• Now Taru is losing its Brand Association in the
  skincare market.
• Delaware has tied up with Progg of Germany
  to launch premium Lara range products.
• Varun Krishnan – Commercial Head of
  Personal Care Division.
• Joydeep Rudra – Profit center head of
  Delaware Skincare Division.
Taru’s Critical Issues
• Taru fails to retain its loyalty among consumers.
• Taru fails to offer new categories of product like
  rivalry companies, to fulfill the need of wide
  range of consumers.
• Taru has no clear proposition.
• Taru started to get stale, not only young
  consumers, old consumers also shifting to other
  new brands.
• Delaware lacks in investment in marketing on
  behalf of Taru.
Company’s Belief on Brand
• Brand will create loyal beliefs about the
  product.
• Branding wont increase the cost of sales.
• Routine consumers will be 100% loyal to
  the brand.
• People will fall in love with brands.
• Brand will carry on from generation to
  generation.
Customer’s Expectation from Brand
• Customers are trying to find what they really
  want and they’ll be satisfied if product is from
  their favorite brand.
• Customers will be satisfied if their brand bring
  the products with all sort of category.
• By experience customers feel that particular
  brand can give assured quality product.
• Customers expect hygienic, traditional, instant
  and complacent products with aesthetic
  package exclusively from their favorite brand.
Rudra’s View
• Rudra wanted Taru to be replaced by Lara to launch
  variety of skincare products.
• It takes long time for consumers to become loyal to
  the brand, e.g., premium products Coty, Oriflame
  and Revlon.
• It is necessary to focus on changing needs of the
  customer. The brand loses its customers, if it fails to
  satisfy the unfulfilled need, e.g., Colgate and Taru.
• Colgate and Taru failed to meet the new market. Its
  competitors Close Up and Coty captured the new
  market.
Contd.
• Rewarding customers to retain loyalty and attract
  new customers to buy the brand, e.g., ‘collect five
  wrappers of Cadbury Dairy Milk and get cricket cap
  free’.
• Reward schemes increase the consumption of a
  brand and penetrates the market, e.g., ‘Coca-cola
  and Pepsi’.
• 100% loyal customers always prefer to continue their
  brand. It depends whether the customer is loyal to
  brand or its category, e.g., ‘Marlboro Gold and
  Benson and Hedges Cigarette’.
• Rudra’s view is to ensure brand loyalty to retain the
  solus consumers.
Krishnan’s View
• Krishnan feels that the tie up with Lara will
  decrease the brand loyalty of Taru.
• Loyalty is followed by inception and growth:-
  – Consumers are keen to have a good incentive
    schemes for the brand, e.g., Pepsi and Coca-
    Cola
  – Consumers are loyal to certain packaging of
    brand, e.g., Flora and Sunflower Oil
  – Krishnan’s question is how to promote the
    brand after losing its loyalty
Company’s Strategy
• Variety is good for business, e.g., Moov
• Difference in purpose of product, e.g., Johnson &
  Johnson
• Change to current technology and economic
  level, e.g., Bajaj
• Create good promotion and showing the real
  intention of the product, e.g., NDTV 24x7
• Clear definition of benefits. It will incorporate the
  product in the customer’s usage pattern, e.g., Apple
  Computer
• Company should attract consumer’s from all age
  groups, e.g., Horlicks Foodles
Contd.
• Should be suitable for the old culture and
  to modern lifestyle of the people, to
  whom they are selling the
  products, e.g., Meera
• Winning competitors
  customers, e.g., Surf and Ariel (increased
  volume)
• Company should go for POP and POD
  strategies. Taru should show POP in its
  category level and POD in quantity
Contd.
• Company should retain its old customers
  and at the same time they have to attract
  non-users. Company can change the
  purpose but not its quality.
• Company has to increase the quantum sole
  users and motivate the non-users to buy
  their products, e.g., sachet shampoos
• According to the consumer needs, modify
  the marketing and producing volumes
Conclusion
• Taru has to follow all strategies mentioned.
• Introduce the Lara range of products into the
  market and try to capture the market share
  targeting all kinds of consumers.
• Understanding consumers, requires use of
  sophistication in terms of both theories
  applied and methods used in the company.
• Understanding consumer behavior is a vital
  aspect of marketing.
• Analyses in these areas will help to increase
  and retain the brand.
THANK YOU!

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A presentation on skin deep loyalty

  • 1. Skin Deep Loyalty Presented by:- Ankit Mohan Anuj Nijhon Veeraj Vashishtha
  • 2. Delaware India – Personal Care • Delaware has a skincare brand Taru-all purpose cream with Brand Equity. • Now Taru is losing its Brand Association in the skincare market. • Delaware has tied up with Progg of Germany to launch premium Lara range products. • Varun Krishnan – Commercial Head of Personal Care Division. • Joydeep Rudra – Profit center head of Delaware Skincare Division.
  • 3. Taru’s Critical Issues • Taru fails to retain its loyalty among consumers. • Taru fails to offer new categories of product like rivalry companies, to fulfill the need of wide range of consumers. • Taru has no clear proposition. • Taru started to get stale, not only young consumers, old consumers also shifting to other new brands. • Delaware lacks in investment in marketing on behalf of Taru.
  • 4. Company’s Belief on Brand • Brand will create loyal beliefs about the product. • Branding wont increase the cost of sales. • Routine consumers will be 100% loyal to the brand. • People will fall in love with brands. • Brand will carry on from generation to generation.
  • 5. Customer’s Expectation from Brand • Customers are trying to find what they really want and they’ll be satisfied if product is from their favorite brand. • Customers will be satisfied if their brand bring the products with all sort of category. • By experience customers feel that particular brand can give assured quality product. • Customers expect hygienic, traditional, instant and complacent products with aesthetic package exclusively from their favorite brand.
  • 6. Rudra’s View • Rudra wanted Taru to be replaced by Lara to launch variety of skincare products. • It takes long time for consumers to become loyal to the brand, e.g., premium products Coty, Oriflame and Revlon. • It is necessary to focus on changing needs of the customer. The brand loses its customers, if it fails to satisfy the unfulfilled need, e.g., Colgate and Taru. • Colgate and Taru failed to meet the new market. Its competitors Close Up and Coty captured the new market.
  • 7. Contd. • Rewarding customers to retain loyalty and attract new customers to buy the brand, e.g., ‘collect five wrappers of Cadbury Dairy Milk and get cricket cap free’. • Reward schemes increase the consumption of a brand and penetrates the market, e.g., ‘Coca-cola and Pepsi’. • 100% loyal customers always prefer to continue their brand. It depends whether the customer is loyal to brand or its category, e.g., ‘Marlboro Gold and Benson and Hedges Cigarette’. • Rudra’s view is to ensure brand loyalty to retain the solus consumers.
  • 8. Krishnan’s View • Krishnan feels that the tie up with Lara will decrease the brand loyalty of Taru. • Loyalty is followed by inception and growth:- – Consumers are keen to have a good incentive schemes for the brand, e.g., Pepsi and Coca- Cola – Consumers are loyal to certain packaging of brand, e.g., Flora and Sunflower Oil – Krishnan’s question is how to promote the brand after losing its loyalty
  • 9. Company’s Strategy • Variety is good for business, e.g., Moov • Difference in purpose of product, e.g., Johnson & Johnson • Change to current technology and economic level, e.g., Bajaj • Create good promotion and showing the real intention of the product, e.g., NDTV 24x7 • Clear definition of benefits. It will incorporate the product in the customer’s usage pattern, e.g., Apple Computer • Company should attract consumer’s from all age groups, e.g., Horlicks Foodles
  • 10. Contd. • Should be suitable for the old culture and to modern lifestyle of the people, to whom they are selling the products, e.g., Meera • Winning competitors customers, e.g., Surf and Ariel (increased volume) • Company should go for POP and POD strategies. Taru should show POP in its category level and POD in quantity
  • 11. Contd. • Company should retain its old customers and at the same time they have to attract non-users. Company can change the purpose but not its quality. • Company has to increase the quantum sole users and motivate the non-users to buy their products, e.g., sachet shampoos • According to the consumer needs, modify the marketing and producing volumes
  • 12. Conclusion • Taru has to follow all strategies mentioned. • Introduce the Lara range of products into the market and try to capture the market share targeting all kinds of consumers. • Understanding consumers, requires use of sophistication in terms of both theories applied and methods used in the company. • Understanding consumer behavior is a vital aspect of marketing. • Analyses in these areas will help to increase and retain the brand.