Submitted by: Submitted by zayzib888
Views: 165
Words: 359
Pages: 2
Category: Business and Industry
Date Submitted: 07/12/2013 10:57 AM
POINT OF VIEW
Marketing Director - Hindustan Lever Ltd (HLL)
II. PROBLEM
How to retain and expand the market share without sacrificing profitability.
III. OBJECTIVE
1. Expand market share of FMCG (Fast Moving Consumer Goods) in fairness
products in India.
2. Increase profitability of the company.
IV. AREAS OF CONSIDERATION
Strength
With very strong customer base and brand loyalty, HLL brand name. First to
penetrate the market and with strong distribution channel. Product formula is
patented.
Weakness
Product focus only on creams and did not advertise their products to other
alternative channels such digital media and internet.
Opportunities
Growing market and product line extension such as lotions, moisturizers and face
washes including the opportunity to target the market of men.
Threats
Very competitive market
V. ALTERNATIVE COURSES OF ACTION
1. Expand the Market
Produce sachets that will encourage trials of the product and made it available to
rural and sub-urban areas. Use networking as other product distribution channel.
Advantages
- increase in production, market share and profit
- product will be known even to rural areas
Disadvantage
- additional cost in the product distribution
- creation of networking system
2. Cater new market segment - especially men
Advantages
- none of its competitors are targeting men.
- increase market segment and production
Disadvantages
- need to have research for new product to be developed for men
- additional cost in research and advertisement
3. Product Line Extension such as lotions, moisturizers,...