SlideShare a Scribd company logo
Presented By:
                     Adhavan A.S
Thigarajar school of management
History of the Product
• Parachute is premium edible grade coconut
  oil, a market leader in its category.
• Parachute is positioned on the platform of
  purity.
• Parachute pioneered the switch from coconut
  oil sold in tins to plastic.
History of the Product
• Parachute is the flagship brand of Marico and consists
  of a line of edible coconut-oil based hair products.
• Industry: FMCG
• Founded : 1987
• Head quarters: Bandra,Mumbai
• Products : Edible Oil, Hair Oils, Skin Care, Fabric Care
• Marico's own manufacturing facilities are located at
  Goa, Kanjikode, Jalgaon, Pondicherry, Dehradun, Baddi,
  Paonta Sahib and Daman
History of the Product
• Parachute is the market leader in the branded
  hair oil market with a market share of around
  53%.
• The brand was established emphasizing Caring
  and Mother -Daughter relationship.
• This is a 1500 crore industry which is dominated
  by unbranded oils.
• Marico in early 1990's made a bold step in
  launching a brand in this segment.
Existing strategies
• It has been a long road for Parachute (the first
  branded coconut oil in the Indian market) and the
  journey began more than four decades ago
• Today the blue bottle is a strong metaphor for the
  Coconut Oil category and reaches 18 million
  households every year
• On the rational front, it represented the
  nourishment, proteins and vitamins and on the
  emotional front it stood for nurturing, caring and
  a mother’s love
Improvement in the functionality area
• Wide Mouth Jar, Easy Jar and the Flip Top pack
  with Tamper proof seal
• The Easy Jar positioned as the all season jar was
  launched as the ‘Kamaal ka Dhakkan’ mainly to
  address the North markets where severe winters
  make the hair oiling a challenge
• The jar that offers the twin benefits of a wide
  mouth and has an easy pour cap which ensure
  that the pack does not suffer seasonality
Best Strategies Applied So Far
• They changed pack shapes to one that is sleek, modern
  and aesthetic
• Flip top cap to ensure safety and purity of parachute oil
• Easy jar of parachute to facilitate usage during winters
• Parachute mini-a bottle shaped sachet sold at an MRP
  of Re 1
• 20 ml parachute-a Rs 5 that enables loose oil users to
  upgrade
• Strong distribution network
Product Differentiation
• Parachute Baby Oil
  – It is a special hair oil for kids
  – Moistures baby delicate skin and helps protect
    from dryness scalp
Product Differentiation
• Parachute Oil Spray
  – It can be used by modern generation like the
    youth
  – Instant usage
  – Optimum utilization
Product Differentiation
• Parachute Ayurvedic Oil
  – The herbs and medicinal herbs are used to enrich
    the oil content
  – It would help to nourish your hair growth and
    strengthen it
Product Differentiation
• Parachute Scalp Oil
  – To Prevent Excessive hair loss
  – To Reduce density of oil in hair because a survey
    revealed that excessive content of oil in hair leads
    to hair loss as the oil clogs in hair and leads to
    formation of wax in the scalp thus leading to
    damage of scalp
Advertising Agencies
• BBH India
• Ambience D’arcy Ad Agency
• Madison Ad Agency
Rural Advertising
• ‘Tamper-proof’ Packaging
• Covered more than 200 towns each in Gujarat,
  Maharashtra, Rajasthan and Punjab
• Sponsored all social causes
• Used pamphlets in theatre
  plays in towns of Kolkata
TV Commercials
• Parachute Advanced
  – Parachute Advanced Holi Ad
  – Parachute Advanced Winter Ad
• Parachute Jasmine
  – Parachute Jasmine Blinkers Ad
• Parachute Advanced Starz
  – Chocolate Shampoo Ad (Choose Your Avatar)
Price catalogue
• Normal: 200ml – Rs. 39, 20ml – Rs. 5,
• Mini – a bottle shaped small pack: Re. 1,
  Parachute Advansed: 80ml – Rs. 27
  170ml – Rs. 48,300ml – Rs. 80,
• Parachute Therapy: 50ml – Rs.190
• Parachute Jasmine: Rs.500ml – Rs. 90, 50ml – Rs.
  12, Starz Shampoo: Rs. 100ml –Rs. 54,
• Aftershower Cream: 50g – Rs. 35, 100g- Rs. 62,
  Aftershower styling gel: 60g – Rs. 58
Promotion
• It advertises through Televison, Print, Outdoor,
  Digital, Radio
• The brand has been endorsed by celebrities like
  Deepika Padukone, Diya Mirza, Yuvraj, Sreesanth
• Advertising is heavy before Holy & during winters
• Popular & effective campaigns like ‘1 hour champi
  kiya’, Help remind people about the benefits of
  oiling before hair wash
• Parachute also uses van campaigns, Haats in rural
  areas to promote the brand
• Sales Promotions like ‘20% extra’ was made on the
  200ml pack
References:
www.marico.com
http://strategicbrand.blogspot.com/2007/06/parachute-oil.html
Thank you

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Parachute Brand evolution

  • 1. Presented By: Adhavan A.S Thigarajar school of management
  • 2. History of the Product • Parachute is premium edible grade coconut oil, a market leader in its category. • Parachute is positioned on the platform of purity. • Parachute pioneered the switch from coconut oil sold in tins to plastic.
  • 3. History of the Product • Parachute is the flagship brand of Marico and consists of a line of edible coconut-oil based hair products. • Industry: FMCG • Founded : 1987 • Head quarters: Bandra,Mumbai • Products : Edible Oil, Hair Oils, Skin Care, Fabric Care • Marico's own manufacturing facilities are located at Goa, Kanjikode, Jalgaon, Pondicherry, Dehradun, Baddi, Paonta Sahib and Daman
  • 4. History of the Product • Parachute is the market leader in the branded hair oil market with a market share of around 53%. • The brand was established emphasizing Caring and Mother -Daughter relationship. • This is a 1500 crore industry which is dominated by unbranded oils. • Marico in early 1990's made a bold step in launching a brand in this segment.
  • 5. Existing strategies • It has been a long road for Parachute (the first branded coconut oil in the Indian market) and the journey began more than four decades ago • Today the blue bottle is a strong metaphor for the Coconut Oil category and reaches 18 million households every year • On the rational front, it represented the nourishment, proteins and vitamins and on the emotional front it stood for nurturing, caring and a mother’s love
  • 6. Improvement in the functionality area • Wide Mouth Jar, Easy Jar and the Flip Top pack with Tamper proof seal • The Easy Jar positioned as the all season jar was launched as the ‘Kamaal ka Dhakkan’ mainly to address the North markets where severe winters make the hair oiling a challenge • The jar that offers the twin benefits of a wide mouth and has an easy pour cap which ensure that the pack does not suffer seasonality
  • 7. Best Strategies Applied So Far • They changed pack shapes to one that is sleek, modern and aesthetic • Flip top cap to ensure safety and purity of parachute oil • Easy jar of parachute to facilitate usage during winters • Parachute mini-a bottle shaped sachet sold at an MRP of Re 1 • 20 ml parachute-a Rs 5 that enables loose oil users to upgrade • Strong distribution network
  • 8. Product Differentiation • Parachute Baby Oil – It is a special hair oil for kids – Moistures baby delicate skin and helps protect from dryness scalp
  • 9. Product Differentiation • Parachute Oil Spray – It can be used by modern generation like the youth – Instant usage – Optimum utilization
  • 10. Product Differentiation • Parachute Ayurvedic Oil – The herbs and medicinal herbs are used to enrich the oil content – It would help to nourish your hair growth and strengthen it
  • 11. Product Differentiation • Parachute Scalp Oil – To Prevent Excessive hair loss – To Reduce density of oil in hair because a survey revealed that excessive content of oil in hair leads to hair loss as the oil clogs in hair and leads to formation of wax in the scalp thus leading to damage of scalp
  • 12. Advertising Agencies • BBH India • Ambience D’arcy Ad Agency • Madison Ad Agency
  • 13. Rural Advertising • ‘Tamper-proof’ Packaging • Covered more than 200 towns each in Gujarat, Maharashtra, Rajasthan and Punjab • Sponsored all social causes • Used pamphlets in theatre plays in towns of Kolkata
  • 14. TV Commercials • Parachute Advanced – Parachute Advanced Holi Ad – Parachute Advanced Winter Ad • Parachute Jasmine – Parachute Jasmine Blinkers Ad • Parachute Advanced Starz – Chocolate Shampoo Ad (Choose Your Avatar)
  • 15. Price catalogue • Normal: 200ml – Rs. 39, 20ml – Rs. 5, • Mini – a bottle shaped small pack: Re. 1, Parachute Advansed: 80ml – Rs. 27 170ml – Rs. 48,300ml – Rs. 80, • Parachute Therapy: 50ml – Rs.190 • Parachute Jasmine: Rs.500ml – Rs. 90, 50ml – Rs. 12, Starz Shampoo: Rs. 100ml –Rs. 54, • Aftershower Cream: 50g – Rs. 35, 100g- Rs. 62, Aftershower styling gel: 60g – Rs. 58
  • 16. Promotion • It advertises through Televison, Print, Outdoor, Digital, Radio • The brand has been endorsed by celebrities like Deepika Padukone, Diya Mirza, Yuvraj, Sreesanth • Advertising is heavy before Holy & during winters • Popular & effective campaigns like ‘1 hour champi kiya’, Help remind people about the benefits of oiling before hair wash • Parachute also uses van campaigns, Haats in rural areas to promote the brand • Sales Promotions like ‘20% extra’ was made on the 200ml pack