Ankittomar pgp30069
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Transcript of Ankittomar pgp30069
Market Overview
• Male razors and blades is the largest segment of the male toiletries market in India, accounting for 62.8% of the market’s total value.
• The Male shaving preparations segment accounts for a further 28.3% of the market
• The Indian male toiletries market grew by 6.3% in 2013 to reach a value of $236.9 million.
• Procter & Gamble Company, The leading player in the Indian male toiletries market, generating a 40.2% share of the market’s value
• Market consumption volume increased with a CAGR of 5.2% between 2009 and 2013
• Focus on brand values, innovation and cutting edge technology
• Combines sophisticated shaving technologies that gives a close, comfortable shave.
• PowerGlide Smoothness
• Pivoting Precision
• Ultimate Sensitivity
PRODUCT PRODUCT
• Gillette Mach3 uses Perceived Value Pricing model
• The price range of Gillette Mach3 is between Rs. 125 to Rs. 400.
PRICE PRICE
• Gillette brand has high recognition rate
• Massive influence, recall and salience—reminder advertising
• Successful MACH3 launch campaigns
• Strong and sustained advertisement all through out
PROMOTIONPROMOTION
PLACEPLACE
• Gillette uses Hub and Spoke method of distribution.
• 20 hub cities and spokes are Tier 2 and Tier 3 cities have been covered in India.
• Also, the distribution channel of P&G is being used.