Business Case Studies, Market Entry Strategies Case Study, Pond’s Foray into the Premium Segment – Will the ‘Miracle’ Work

print page
Tell A Friend
Bookmark
 

Case Categories

Market Entry Strategies Case Study

IBS CDC IBS CDC IBS CDC IBS CDC RSS Feed
Case Title:

Pond’s Foray into the Premium Segment – Will the ‘Miracle’ Work?

Publication Year : 2008

Authors: Punithavathi Srikant, Doris Rajakumari John

Industry: Home Appliances and Personal Care Products

Region:India

Case Code: MES0082C

Teaching Note: Available

Structured Assignment: Available

Buy This Case Study
OR





Abstract:
HUL's Talc brand – Pond’s - has moved up on premium imagery. In March 2007, it launched its Age Miracle range in the premium skin care anti-ageing category. Earlier, HUL had tried to enter the premium skin care segment by extending its Fair & Lovely (FAL) franchise, without much success. The Indian skincare market has been growing at around 16% a year, out of which the anti-ageing products market accounts for close to INR 1 billion in sales. Anti-ageing skin care market is growing at a rate of 40% in India. As it now felt that the market is ripe enough, Pond’s entered the premium skin segment. It had to bear large promotional costs to succeed against the stiff competition from other players in this segment. Whether Pond’s can overcome its ‘mass’ image and make a mark in the premium segment remains to be seen.

Pedagogical Objectives:

  • To analyse the market for premium skin care products in India
  • To analyse the mass brand image of Pond’s
  • To analyse Pond’s entry into the premium product range
  • To analyse the issues and challenges for Pond’s to succeed in the premium segment

Keywords : Hindustan Unilever Limited; HUL; Market Entry Strategies Case Studies; Ponds; Mass Market; Premium Skincare Segment; Ponds Age miracle Range; P&G Olay Total Effects; masstige; Price Sensitive Indian Market; Anti-ageing

Contents : 
Premium Skin Care Segment in India
The Changing Demographic of the Indian Consumer
The Various Products, It’s Pricing and the Effects of Using those Products
Pond’s Entry into Premium Skin Care Segment
The Top 5 Advertisers on Print in the First Half of 2007
Share in Newspapers vs. Magazines
Seven Day Challenge Campaign

Recently Bought Case Studies

    Recently Bought Case Studies
advertisement

    Executive Interviews

  • David ConklinDavid Conklin

    David Conklin, is a professor at the Richard Ivey School of Business
    Speaks on Government and Business
  • Lord Meghnad DesaiLord Meghnad Desai

    Lord Meghnad Desai, is an Indian-born British economist and Labor politician
    Speaks on Government and Business
  • Vijay GovindarajanVijay Govindarajan

    Vijay Govindarajan, is widely regarded as one of the world’s leading experts on strategy and innovation
    Speaks on Reverse Innovation
  • View All Executive Interviews»






Contact us: IBS Case Development Centre (IBSCDC), IFHE Campus, Donthanapally, Sankarapally Road, Hyderabad-501 504, Andhra Pradesh, INDIA.
Mob: +91- 9640901313, Phone: +91 - 08417 - 236672, Fax : + 91 - 08417 - 236674
E-mail: casehelpdesk@ibsindia.org

©2003-2010 IBS Case Development Centre. All rights reserved. | Careers | Privacy Policy | Terms of Use | Disclosure | Site Map xml sitemap