strategic brand analysis of horlicks

19
Strategic Brand Analysis of HORLICKS Presented to – Prof.Jaya Gopalakrishnan Presented By- The “INVINCIBLE” Group-1

Upload: luvujaya

Post on 18-Nov-2014

3.315 views

Category:

Documents


10 download

TRANSCRIPT

Page 1: strategic brand analysis of Horlicks

Strategic Brand Analysis of HORLICKS

Presented to –

Prof.Jaya Gopalakrishnan Presented By-

The “INVINCIBLE”Group-1

Page 2: strategic brand analysis of Horlicks

INTRODUCTION

Holicks a brand was established before 6 decades back in 1960.

It is owned by GlaxoSmithKline consumer health care. It’s a malted milk hot drink. It was a substitute of “Milk” as Baby Food It acquired more than 50% market share in India milk

beverage market. Initially Horlicks is claimed to promote sleep when

consumed at bedtime. In India, It is popularly known as “mother’s Horlicks”.

Page 3: strategic brand analysis of Horlicks

Some Facts• All Horlicks sold in India = 6 times length of

Great wall of China • Taller, Stronger and Sharper.• Sixth most-trusted brand in India

Page 4: strategic brand analysis of Horlicks

Brand Evolution• Initially imported from Britain.• Growth through innovation• First mover advantage.• It came as a solution to Indian market as a

health drink.• Customer made brand due to the product.

Page 5: strategic brand analysis of Horlicks

Brand Identity

Brand identity of Horlicks will be clearly defined once the following questions are answered:

What is the Horlicks particular vision and aim?

What makes it different? What need is the brand fulfilling? What is its permanent nature?

Page 6: strategic brand analysis of Horlicks

Brand identity prism

Page 7: strategic brand analysis of Horlicks

Cont……. What are its value or values? What is its field of competence? Of

legitimacy? What are the signs which make the brand

recognizable?

Page 8: strategic brand analysis of Horlicks

Positioning Horlicks

For what benefit? For whom? For what Reason? Against whom?

Page 9: strategic brand analysis of Horlicks

Horlicks Brand Extension

Product line extension without sub-brand

Extension with sub-brand.Extending the brand to related

categories.

Page 10: strategic brand analysis of Horlicks
Page 11: strategic brand analysis of Horlicks

Reasons for successful brand extension

• Fit between parent brand and brand extension.

• Parent brand conviction and parent’s brand experience.

• Retailer experience.

Page 12: strategic brand analysis of Horlicks

Brand life cycle

Page 13: strategic brand analysis of Horlicks

Why Horlicks is so successful

• Excels at delivering the benefits customers truly desired.

• Staying relevant.• Pricing strategy based on “value for money”.• Proper positioning.• Consistency.• Creating entry barriers.

Page 14: strategic brand analysis of Horlicks

Horlicks placed itself as a generalist Brand

Page 15: strategic brand analysis of Horlicks

Implementation of Brand• Through product quality• Price• By winning trust of consumer• Recommendation• Brand activation• Brand extension

Page 16: strategic brand analysis of Horlicks

Media for positioning brand

• Radio 1st preference

• Television 2nd preference

• News papers 3rd preference

• Internet 4th preference

• Magazines 5 th preference

Page 17: strategic brand analysis of Horlicks

Some important steps taken by Horlicks

• Something for everyone.• Packaging• Nourishing the brand• Adding Rural Reach• A fresh new image.• Integrated Media campaign

Page 18: strategic brand analysis of Horlicks

CONCLUSION

“Horlicks is not creating any needs just fulfilling

the needs of the consumer’s…….”

Page 19: strategic brand analysis of Horlicks

THANK YOU