Segmenting, Targeting
   & Positioning

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Segmentation




• India’s Population 1.16 billion

• People using spectacles every year 386 million i.e
  around 35% of total population

• India optical market is currently USD$ 28 billion

• Contact lenses 5% of total market in 2007.

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Indian Optical Sector: Market Segment




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• Contact lenses market in India USD $ 2 billion

• Market penetration of contact lenses only 5% compare to
  30% in US

• Contact market increasing rapidly 30% YOY basis.

• Bausch & Lomb market in India is 60% of total contact
  lenses market.

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Contact lenses growth




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Focuses on tier 1
                          Geographical
Cities and in tier 2
                          Segmentation
cities

                                               Age group : 18- 30
                                               years
                                               Income above Rs
                                               20000
                                               Graduates/post
 High Class A1, A2                             graduates/non
 and middle class B1,          Consumer        graduates/junior/mid
 B2                                            dle/senior executives
 Need to look good



                                               Demographic
       Psychographic
                                               Segmentation
       Segmentation


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Targeting




                                          Income
Target People in urban                   above 20k
areas within the age
group of 18-30 and have
income above 20k/                        Age group
month.                                    (18-30)

It has presence in major
100 cities in India.                  Urban Population
VIDEO
                                  People who use lenses
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Targeting


•   The target market for Bausch & Lomb contact lenses is Urban
    Males & Females in the age group 18-30, with spending capacities
    of over 20,000 INR per month.

•   The major sales of any contact lenses are derived from this target
    segment.

•    Initially, contact lenses were more popular with females of this age
    group, however times have changed and men are also an equally
    important part of the target market.

•   Young, urban, affluent customers hold the key

•   Over the years, the age profile of contact lens users has come
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    down.                                                       Page 8
POSITIONING


•   Bausch & Lomb made entry into the Indian market in 1993.

•   At the beginning of 1994, Bausch & Lomb was in strong position in
    the US optical products and eye-care sector

•   Over this time period Bausch & Lomb has changed the eye-care
    market with semi-soft and hard contact lenses giving way to soft
    contact lenses

•   In 2000, Bausch & Lomb India Ltd (B&L) plans to aggressively focus
    on consumers in the 15 to 25 age group

•   The `WOW' factor in B&L's:
    The positioning was Powerpoint Templates
                        shifted from `see better and look better'
                                                            Page 9
     factor to `confidence and feel better' factor
POSITIONING



•   B&L concentrates on five significant events in a youth's life:
     First date, leaving school, getting into college; getting a new job;
    and marriage.
    Then, B&L soft contact lenses positioned as essential
    `confidence enhancing' fashion accessory.

•   Strengthen its fashion and fun positioning B&L launched Softens
    Starcolours, a range of disposable coloured contact lenses.

•   College theme: It was aired in April to coincide with the new
    academic session. The company revamped its entire
    merchandise look in the marketplace.
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POSITIONING



•   NOW Bausch & Lomb have highly
    penetrated brand Image as:

     Style Statement for youth.
     Fashionable star colours contact
      lenses.
     Softens contact lenses.
     Disposable contact lenses.
     Economical contact lenses.
     Hygienic contact lenses.

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B&L POSITIONING for their various products.



• Bausch & Lomb : iConnect

   Iconnect is Positioned as new youth
    lenses and economical lenses.

   Specially designed keeping youth in mind.

   iconnect contact lenses are reasonably
    priced at Rs. 500 for three pairs.

   To penetrate its positioning in youth. B&L
    runs iconnect Model Hunt on facebook.
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B&L POSITIONING for their various products.



• Bausch & Lomb :SofLens® daily
  disposable.                                  Before    After
    Outstanding all-day comfort.

    High Definition (HD).

    Specially designed for:
     Teenagers.
     20s and 30s eyes.

    No daily cleaning, storage, or care
     required; wear them for a day, then,
                        Powerpoint Templates
     throw them away.                                   Page 13
B&L POSITIONING for their various products.



• Bausch & Lomb : Soflens 59 Monthly
  Disposable

    India's number 1 monthly disposable
     lenses.
    Comfortable as wearing nothing in the
      eye.
    Comfortmoist Technology & 59% water
     content.
    Specialy designed for:
     People who lead an active life.

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B&L POSITIONING for their various products.



• Bausch & Lomb : PureVision 2 HD
    the first lenses made using our
     unique AerGelmaterial, delivering
     exceptional vision, with outstanding
     comfort and health.
      eye.
    Designed for:
     20s and 30s eyes.
   • Bausch & Lomb : Annual Lenses
    Extremely affordable lenses, ideal for first time
     wearers.
    Annual replacement schedule
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Bausch & Lomb(References)



•   http://www.bausch.in

•   http://www.financialexpress.com/old/fe/daily/20000214/fst14077.ht
•   http://www.wikinvest.com/wiki/Bausch_%26_Lomb
•   www.bausch.com/.../Contact-Lenses
•   www.livemint.com/2011/06/.../Bausch-amp-Lomb
    -enters-pharm.ht




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Thank You 



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Bausch lomb positioning1

  • 1.
    Segmenting, Targeting & Positioning Powerpoint Templates Page 1
  • 2.
    Segmentation • India’s Population1.16 billion • People using spectacles every year 386 million i.e around 35% of total population • India optical market is currently USD$ 28 billion • Contact lenses 5% of total market in 2007. Powerpoint Templates Page 2
  • 3.
    Indian Optical Sector:Market Segment Powerpoint Templates Page 3
  • 4.
    • Contact lensesmarket in India USD $ 2 billion • Market penetration of contact lenses only 5% compare to 30% in US • Contact market increasing rapidly 30% YOY basis. • Bausch & Lomb market in India is 60% of total contact lenses market. Powerpoint Templates Page 4
  • 5.
    Contact lenses growth Powerpoint Templates Page 5
  • 6.
    Focuses on tier1 Geographical Cities and in tier 2 Segmentation cities Age group : 18- 30 years Income above Rs 20000 Graduates/post High Class A1, A2 graduates/non and middle class B1, Consumer graduates/junior/mid B2 dle/senior executives Need to look good Demographic Psychographic Segmentation Segmentation Powerpoint Templates Page 6
  • 7.
    Targeting Income Target People in urban above 20k areas within the age group of 18-30 and have income above 20k/ Age group month. (18-30) It has presence in major 100 cities in India. Urban Population VIDEO People who use lenses Powerpoint Templates Page 7
  • 8.
    Targeting • The target market for Bausch & Lomb contact lenses is Urban Males & Females in the age group 18-30, with spending capacities of over 20,000 INR per month. • The major sales of any contact lenses are derived from this target segment. • Initially, contact lenses were more popular with females of this age group, however times have changed and men are also an equally important part of the target market. • Young, urban, affluent customers hold the key • Over the years, the age profile of contact lens users has come Powerpoint Templates down. Page 8
  • 9.
    POSITIONING • Bausch & Lomb made entry into the Indian market in 1993. • At the beginning of 1994, Bausch & Lomb was in strong position in the US optical products and eye-care sector • Over this time period Bausch & Lomb has changed the eye-care market with semi-soft and hard contact lenses giving way to soft contact lenses • In 2000, Bausch & Lomb India Ltd (B&L) plans to aggressively focus on consumers in the 15 to 25 age group • The `WOW' factor in B&L's: The positioning was Powerpoint Templates shifted from `see better and look better' Page 9 factor to `confidence and feel better' factor
  • 10.
    POSITIONING • B&L concentrates on five significant events in a youth's life: First date, leaving school, getting into college; getting a new job; and marriage. Then, B&L soft contact lenses positioned as essential `confidence enhancing' fashion accessory. • Strengthen its fashion and fun positioning B&L launched Softens Starcolours, a range of disposable coloured contact lenses. • College theme: It was aired in April to coincide with the new academic session. The company revamped its entire merchandise look in the marketplace. Powerpoint Templates Page 10
  • 11.
    POSITIONING • NOW Bausch & Lomb have highly penetrated brand Image as:  Style Statement for youth.  Fashionable star colours contact lenses.  Softens contact lenses.  Disposable contact lenses.  Economical contact lenses.  Hygienic contact lenses. Powerpoint Templates Page 11
  • 12.
    B&L POSITIONING fortheir various products. • Bausch & Lomb : iConnect  Iconnect is Positioned as new youth lenses and economical lenses.  Specially designed keeping youth in mind.  iconnect contact lenses are reasonably priced at Rs. 500 for three pairs.  To penetrate its positioning in youth. B&L runs iconnect Model Hunt on facebook. Powerpoint Templates Page 12
  • 13.
    B&L POSITIONING fortheir various products. • Bausch & Lomb :SofLens® daily disposable. Before After  Outstanding all-day comfort.  High Definition (HD).  Specially designed for: Teenagers. 20s and 30s eyes.  No daily cleaning, storage, or care required; wear them for a day, then, Powerpoint Templates throw them away. Page 13
  • 14.
    B&L POSITIONING fortheir various products. • Bausch & Lomb : Soflens 59 Monthly Disposable  India's number 1 monthly disposable lenses.  Comfortable as wearing nothing in the eye.  Comfortmoist Technology & 59% water content.  Specialy designed for: People who lead an active life. Powerpoint Templates Page 14
  • 15.
    B&L POSITIONING fortheir various products. • Bausch & Lomb : PureVision 2 HD  the first lenses made using our unique AerGelmaterial, delivering exceptional vision, with outstanding comfort and health. eye.  Designed for: 20s and 30s eyes. • Bausch & Lomb : Annual Lenses  Extremely affordable lenses, ideal for first time wearers.  Annual replacement schedule Powerpoint Templates Page 15
  • 16.
    Bausch & Lomb(References) • http://www.bausch.in • http://www.financialexpress.com/old/fe/daily/20000214/fst14077.ht • http://www.wikinvest.com/wiki/Bausch_%26_Lomb • www.bausch.com/.../Contact-Lenses • www.livemint.com/2011/06/.../Bausch-amp-Lomb -enters-pharm.ht Powerpoint Templates Page 16
  • 17.
    Thank You  PowerpointTemplates Page 17