Establishment of Fair Miracle
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Transcript of Establishment of Fair Miracle
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8/9/2019 Establishment of Fair Miracle
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Establishment of Fair Miracle
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Market Study of Fairness
Huge opportunity for fairness cream as retailers are stocking large SKUS offairness cream of different brands.
Customers in the age group of 1 !" has a tendency to s#itch the brands offairness creams.
$here are around ""!" % Customer #ho are undecided about their &referenceof fairness cream in Cosmetic stores and around 1 % in retails stores and they
go by the opinion of the retailer.$here are a large number of players in the fairness segment #ith the top placeoccupied by HU' #ith Fair ( 'o)ely and &onds.
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Customer Survey-Fairness Cream
*esearch Methodology+ Con)enience Sampling
Sample Si,e+ -1 respondents
ender! Female
/ge roup of *espondents
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Results of Survey
Top of Mind Awareness !
Fair Miracle has a )ery poor a#areness among customers as no one #as
a#are of the brand among -1 respondents0 ho#e)er they #ere a#are of
competitors
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Results of Survey
Source of awareness-
t is ma2imum in tele)ision follo#ed by friends and #ord of mouth
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Results of Survey
Switching of Brands
&roduct 3uality plays the prominent role. 4e can le)erage the brand
name of arnier to S#itch people from other brands
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Results of Survey
Factors Influencing Brand Preference-
4e can take ad)antage of recommendation by targeting cosmetic stores #herethere are on a)erage "" % customers #ho are undecided in their preference offairness cream
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Fair Miracle Present Status
5istribution of Fair Miracle is in 6ust 77% of the outlets #here Fair ( 'o)ely is present.
*etailer a#areness is also poor as #ell as customer a#areness .82istinggarnier customers are also not a#are of the products.
9isibility of the product is poor in the outlets.
Slo# off takes from the e2isting retailers.
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Market Penetration & Distribution
$he ma6or difference is due to the kiosk outlets of HU'
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Way ahead For Fair Miracle
ncreasing 5istribution8nsuring 1::% distribution at all the e2isting outlets of distributors
Telecaller Sales Executive at all the distributor point! $elecaller salese2ecuti)es #ho #ill be calling kiosks outlets and taking orders #hich #ill beser)iced by deli)ery in charge
Exclusive Read stoc! PSR ! /ppointment at all the distributors #ho #ill becarrying ready stock of Fair Miracle and reaching out to ne# outlets.
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ncreasing ;fftakes
"lu##ing of products- Since #hite complete is a fast mo)ing product #e can
club fair miracle #ith it #hich #ould lead to increased offtakes and retailers #ould
also gain confidence on the product.
Fair Miracle! "m
White Com#leteFace$ash !% "m
Combo#ack Rs ''
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ncreasing /#areness
4e can increase customer a#areness by conducting acti)ations+
$ousing Societ Activations !
Conducting canopy acti)ations in housing societies on #eekends
"ollege Activations-
Conducting canopy acti)ations ( 'eafleting in 4omens colleges
across patna
Mini "usto%er %eets of existing &arnier "usto%ers
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Customer /#areness
Snapshot of the canopies to be used at such acti)ations
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()*+, ./