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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    ()*+, ./