Professional Documents
Culture Documents
It is completely herbal with a 60% coconut oil base and contains no animal fat. It is
known for its curative, preventive and beautifying qualities for skin, scalp and hair.
Traditionally, handcrafted as per the strict Ayurvedic formulation, Medimix is packed
with natural ingredients, making it perfectly safe for all skin types and even for a baby's
tender skin. Contains no animal fat.
Medimix aims to achieve a turnover of Rs.230 crores in the next two years.
It has 3.2 per cent share of the Rs.4,900-crore, 4.5 lacs tonne soap market.
CHOLAYIL has re-launched Medimix in new packaging after 36 years. The objective is
to make the soap brand contemporary to attract the younger generation and other
consumers as well as make the brand amenable to variants and extensions.
Swot analysis
STRENGHTHS
• Medimix Ayurvedic Bath Soap is the world’s largest selling ayurvedic bath
soap that is suited for all skin types.
• The rich lather of Medimix Ayurvedic Bath Soap is enriched by the
extracts of 18 Herbs scientifically incorporated to give protection from various
skin problems.
• The natural oil base of Medimix Ayurvedic Soap contains pure coconut oil.
• Medimix has a good market share in the South and the west.
WEAKNESS
• Lack of brand endorsers which does not have immediate impact on the
minds of the customers.
• There is no proper point of purchase techniques used to influence the
purchase decision of the customers like visual merchandising,displays,etc.
• It melts within one or two weeks
• Its fragrance is lost within 2-3 hours
• The packing they offer is not very attractive i.e. it does not appeal to the
contemporary generation, where the purchase behavior is also influenced by
packaging of the product.
OPPORTUNITIES
Cholayil Private Ltd, the Chennai-based Rs.160-crore fast moving consumer goods
company manufacturing Medimix soaps, is chalking out major investment plans to foray
into other skincare and personal care segments.
THREATS
Lux, Godrej No. 1, Breeze and Nirma are the top five brands commanding 51 percent of
market share. Apart from these leading soap manufacturers, there are various other
herbal soap manufacturers like Margo, Neem, Chandrika, Jeeva etc.
MARKET RESEARCH
Before launching our product into the market, we gathered data from primary sources
like in depth interviews of consumers, sample survey and also from secondary sources
like related publications. Through our analysis and observation it was found that the
Ayurvedic Soap Market was highly competitive and one of our competitors and an
established market leader was Medimix with 3.2% of market share in manufacturing
Ayurvedic Soaps. Though it has various advantages over other brands, there were also
few loopholes which we tried to tap and make them our strength.
TARGET MARKET
After conducting a market survey we found out that it would be profitable for us to target
middle class as well as upper middle class. However that does not mean that the lower
middle class will be avoided. We have introduced small economy packs to cater this
class.
INTRODUCTION
• Our promise to you – To spoil you the way Mother Nature originally
intended – naturally!
• Indulge yourself naturally with fresh, fragrant body soaps that will leave
your skin smooth, silky and surrounded with a soft aroma. The moisturizing and
soothing benefits of these soaps along with their rich, creamy lather will create a
luxurious bathing experience that will simply amaze you! All soaps are enriched
with pure shea butter, a nutrient-rich moisturizer.
FEATURES
INGREDIENTS
MARKETING MIX
PRODUCT
As the product USP of Herbicare goes ‘From the nature’, it is a herbal soap with all the
nature’s own herbs but with a twist i.e. unlike all the other market competitors Herbicare
has 3 unique variants to it, namely:
VARIANTS
Aloe Vera Oatmeal – A very gentle bar with the soothing combination of organic
powdered oatmeal and Aloe Vera. This unscented bar is excellent for sensitive, tender
or irritated skin. It can also be used as a gentle cleanser for those with irritations such
as poison ivy or other itchy conditions. Oatmeal helps balance skin problems and Aloe
Vera gently renews moisture. Suited for all skin types.
Lemongrass – Fresh aroma with a soft natural blend of natural lemongrass essential
oil. It has always been a great seller with the outdoorsman as a natural and safe insect
repellent. It cleanses very well and is harmless to the environment. Excellent for all skin
types.
Lavender Oatmeal – This soothing blend of lavender essential oil and whole
oats come together to create a calm, dreamy environment while promoting a
feeling of relaxed well-being. A perfect choice for luring the mind straight into a
soft, downy dreamland.
Place
Through effective distribution channel, we will see to it that our product is easily made
available to all the retail outlets.
Price
• We have used a very smart pricing strategy that is fair to our buyers and
does not give up on our profits.
• As compared to our competitors we give more quantity of our product that
to at a very competitive price.
Herbicare Competitors
Pkg. Size Price(Rs.) Pkg. Size Price(Rs.)
150 gm 21.00 125 gm 21.00
100 gm 14.00 75 gm 14.00
75 gm 5.00 50 gm 5.00
Paper Soap 3.00 - -
• As it can be seen Herbicare soaps has a good chance of being a top
product in the market due to the Value pricing method adopted by the company
which gives the customers more than their expectations.
PROMOTION
• Teaser campaign – Initially, we will promote the tag line “From the Nature”
Packaging
• 150 grams
• 100 grams
• 75 grams – sachet soap for travelers or to be used in hotels.
• Paper soaps:10 tear off sheets
• The inclusion of Paper soaps is a move directed towards the people who
have minimum space in their carry bags so as they can use their favourite soap
to any place possible.
• As compared other market competitors the soap is packaged in a tear off
wrapper as it is easy to open.
• A further motive behind using a tear off wrapper only is that it cuts cost of
packing it in a plastic wrap plus a cardboard box like other soaps.
• The frontal cover if you see has very less but accurate detailing as it
clearly specifies the main points for the buyers that is
1. Price
2. Quantity
3. Variant
LINE EXTENSION
Under the brand name of Herbicare, the company has also launched its own
Herbicare Hand wash.
The Herbicare Hand wash is available in a 250 ml bottle with a nozzle for easy use
priced at Rs.50.
CONCLUSION
In this project we have given the different marketing strategies through which we hope
to be a successful brand gaining maximum market share in the near future by
penetrating into the domestic market. With the help of line extension we have put our
sights on a much larger market.