product life cycle of surf excel and nirma - …mbashortcut.weebly.com/uploads/3/2/1/6/3… · ppt...
TRANSCRIPT
CORPORATE STRATEGY OF SURF EXCEL
08/05/2023 Product Life Cycle 2
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Surf Excel Surf is the name of the brand of laundry detergent
made by the HUL It was introduced in the year 1959 as “SURF” One of the oldest detergents in India Surf excel underwent various changes in its Brand
communication.
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In 1990, following the launch of Ariel, Surf Excel became, Surf Ultra.
In 1996, surf redefined itself by launching Surf Excel
In 2003, the base variant Surf was relaunched as , “Surf Excel Blue”
In 2006, it added Rin supreme bar as , Surf Excel Bar into its portfolio.
Today surf excel leads the premium wash category in India with the baseline”DIRT IS GOOD”
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Product Induction Timeline
1970 1990 1996
2003
2002
2006
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MARKETING OBJECTIVES Surf has been in the market for a long time and has effectively
managed its product life cycle with the help of product innovations and great marketing strategies
Formulation of the detergents and the market targeted vary by region
Launching variants in the washing powder category
Effective Adcampaing
Approaching new markets
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STP OF SURF-EXCEL
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STP
TARGET GROUP
Mainly housewives are the target group.
The consumers are from lower income, middle income, high income bracket with different set of products
They try to target the children through tagline “Dirt is Good”- the philosophy behind is that the children are the best influencers for any family’s buying decision.
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STP in 2000 – Till Date Target Segment-
Geographical- Tier 1, Tier 2 ,Tier 3 cities Developing rural areas Demographic-
Income- High , upper and low middle level income groups
Age- 25 and aboveGender-Female(Housewives)
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Psychographic-Attitude- ”attitude of paying more for a quality product”
Positioning-“Do bucket paani, rozana hai bachana”“Daag achey hai”
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MARKETING MIX
Product Price Place Promotions
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Strategy : 4Ps’
Product Range:
o Surf Excel Top Matico Surf Excel Front Matico Surf Excel Blue o Surf Excel Bar o Surf Excel Gentle Wash o Surf Excel Liquid Detergento Surf Excel Easy Wash o Surf Excel Quickwash
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Cont.. Price :
The pricing strategy of Surf Excel have always been in accordance with its competitors .
o Surf Excel Front Matic : Rs 216/kgo Surf Excel Quickwash : Rs 170/kgo Surf Excel Blue : Rs 191 (1.5kg)o Surf Excel Bar : Rs 28 (250 gms)o Surf Excel Easy Wash : Rs 90 (700 gms)
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Place :
o Distribution Network – key strength which helps reach out its product across the length and width of the vast country.
o Factory-Wholesalers and Big Retailers, Warehouses, Distributor, Market.
o Direct coverage in over 1 million retail outlets
o 7000 stockiest
o 2000+ Suppliers& Associates
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Cont..
Promotion – Traditional and Non Traditional means of promotion
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Traditional Revamped campaign with a tagline- “Daag ache hain aur
hamesha rahenge”
Bill boards and posters
Print media such as news papers, magazines, direct mails outdoors etc.
Broadcasting media-TVand radio
Word of mouth publicity
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Non Traditional Linking to a social cause via save water campaign
Specific ads during festive season specially Holi
Holiday special events for kids on festivals like Ganesh Chaturthi, Krishna Janmashtmi in metro and tier 2 citie
Flash mobs with kids
Title sponsors of TV shows Surf Excel Little Masters 2010
Live Demonstrations
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Cont.. Social events
‘Dirt is good’ website
You tube channel
Tied up with movie ‘Chiller Party’
Organizes various competitions
08/05/2023 Product Life Cycle 19
SWOT ANALYSIS
STRENGTHS Premium detergent brand
for HUL introduced in 1959 Strong distribution network
by HUL, which is beneficial for the products
Good brand visibility High quality manpower Strong R&D Effective promotional
strategy
WEAKNESS Slightly higher price
prevents it from reaching to the mass of customers
Product awareness not high among rural markets
More expenses on advertising rather than development of new product
Substitute products
08/05/2023 Product Life Cycle 20
OPPORTUNITY Rapid market growth with
the further rural penetration
Business and product development
Upgrading customers through innovation(soap migration)
THREATS Low profit margins in the
detergent sector Threat from existing and
new players in the market Chances of price wars.
08/05/2023 Product Life Cycle 21
COMPETITORS Ariel
Tide
Nirma
Wheel
08/05/2023 Product Life Cycle 22
MAJOR COMPETITORS OF SURF EXCEL ARIEL (P&G)
o Customer benefit: Ariel is associating the brand with the customer on the bases to give the superior quality.
o Target market : Ariel target market includes middle class, upper middle class and upper classes
o Market positioning : Ariel is considered to be a trusted and premium brand.
08/05/2023 Product Life Cycle 23
NIRMA
o Target market: Nirma target market include upper,middle , lower income groups
oPositioning- Tagline : “Doodh si safedi,Nirma se aaye rangeen kapda bhi khil khil jaye”
08/05/2023 Product Life Cycle 24
Thank you