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Lakme 2
Lakme 2
he socio-economic class (SEC) A, A2 30 products covering categories like nail enamel, lipsticks, lip gloss, face makeup kits and eye shadow
Lakm Positioning
Youth section Elle 18
Premium segment Aviance ("customized beauty solutions), and Orchids
REVLON Positioning
Not a mass-market brand Positioning as a premium or at best mass premium brand Targeted to younger, upwardly mobile consumer Carried a price disadvantage initially but it faded soon Premium positioning in India is in contrast to the more mass market platform that Revlon had adopted in other countries
Distribution
Only available at top distribution points, not at every kirana and general merchandise store Currently retailed through 15000 counters across India
Lakm Promotions
Looking Good and Feeling Great, with Lakm.
REVLON Promotion
Creativity in advertising is a REVLON hallmark Associated with glamour, style and elegance Supermodels Cindy Crawford and Claudia Schiffer Revlon in India has effectively leveraged its international equity in promoting the brand
Recent Developments
Lakm India Fashion Week Unveils 2 Fashion Statements every year True Wear Nail Enamel Lakm Hair Next Lakm Matt Effect
Recent Developments
2001-Colorstay range of make-up products-benefit of long lasting make up and color 2002-Skinlights-The product is composed of 'lightcapturing crystals' such as rose quartz, mother of pearl and topaz 2002-Revlon's launch of Vitamin C Absolutes Absolutes range of skin whitening products January 2003, Revlon launched StreetWear
Achievements
Grown to be the market leader Face Make-up Over 80% Lipsticks 31% Nail Enamel 23% Skin Care - Cleansers
- Moisturizers - Sun & Winter Care
Beauty Services
- 360 beauty services
REVLON Innovation
Created appropriate packaging modules Cater to the 'value-for-money' ethic Launched 8ml nail enamel 'value packs Internationally, Revlon's nail enamel is sold in 15ml bottles Enabled Revlon to embark upon a volumedriven growth Creation of stay on products and fast drying nail paints
Retailers Feedback
Westside
Lakm
Monthly Sales Target Rs 165000 Rs 200000
Revlon
Rs 250000
Incentive
Replenishment Target Customer Best Selling Product Price Range
Fixed: Rs 2000
Twice a week Lip Gloss: Teenager Nail Color: Teenager Lipstick & Nail Color
Lipstick: Rs 140 - Rs 275 Lipstick: Rs 225 - Rs 550 Nail Color: Rs 65 Nail Color: Rs 90 Rs 130
Shoppers Stop
Lakm
Monthly Sales Target Incentive Replenishment Target Customer Best Selling Product Price Range
Revlon
Rs 250000
Rs 200000
Lipstick
Lipstick: Rs 225 - Rs 550 Nail Paint: Rs 90 Rs 130
Analysis
Demographics
Age Break-up
5%
4%
7%
21%
63%
Demographics
Occupational Breakup
9%
73%
TV Ads
Print media
Peer group
Retailer Information
50 45 40 35 30 24 25 20 15 8 10 5 0 3
Lip Makeup
22 23 7 3
Eye Makeup
24
daily frequently
18 7
Frequency of Use
Nail Care
never sometimes daily frequently
25 43
7 2
never sometimes daily frequently
5 23 28 1 5
sometimes never
Brand Usage
60 50 40 30 20 10 0
revlon revlon revlon revlon revlon don't don't don't don't other other other other lakme lakme lakme lakme lakme other don't
50 31 22 9 13 4 16 12 7 23 24 4 6 3 3 1 22 17 11 7
Eye Makeup
Lip Makeup
Skin Care
Hair Care
Nail Care
45
40
35
20
15
45
40
35
20
15
Lakme Ratings
Value for money very good 9 16% good 39 68% average 6 11% poor 0 0% very poor 0 0% NR 3 5% 10 18% Reliability (Quality) very good 10 18% good 35 61% average 7 12% Status very good 9 16% good 24 42% average 19 33% Variety very good good average poor very poor NR poor 1 2% very poor 1 2% NR 3 5% poor 1 2% very poor 1 2% NR 3 5%
Revlon Ratings
Value for money very good good 26 46% average 15 26% poor 2 4% very poor 0 0% NR 4 7%
Reliability (Quality)
very good 15 26% good 29 51% average 9 16% Status poor 0 0% very poor 0 0% NR 4 7%
very good
18 32%
good
27 47%
average
8 14% Variety
poor
0 0%
very poor
0 0%
NR
4 7%
very good
good
average
poor
very poor
NR
12
21%
29
51%
11
19%
2
4%
0
0%
3
5%
9
16%
30
53%
12
21%
1
2%
0
0%
5
9%
Availability very good 28 good 22 average 4 poor 0 very poor 0 NR 3 very good 8 good 27
49%
39%
7%
0%
0%
5%
14%
47%
30%
0%
0%
9%
Lakme Ratings
Value for money very good 8 19% good 31 74% average 3 7% poor 0 0% very poor 0 0% NR 0 0%
Revlon Ratings
Value for money very good 8 31% good 10 38% average 5 19% poor 2 8% very poor 0 0% NR 1 4% Reliability (Quality)
Reliability (Quality)
very good 10 24% good 27 64% 10% Status very good 9 21% good 22 52% average 10 24% Variety very good 12 29% good 24 57% average 5 12% Availability very good 21 good 16 average 5 poor 0 very poor 0 NR 0 very good 6 good 12 poor 1 2% very poor 0 0% NR 0 0% very good 7 27% good 14 poor 1 2% very poor 0 0% NR 0 0% very good 13 50% good 10 average 4 poor 1 2% 0% very poor 0 NR 0 0% 38% very good 10 good 13 50%
poor 0 0%
very poor 0 0%
NR 1 4%
poor 0 0%
very poor 0 0%
NR 1 4%
38%
Variety
average 3 12% Availability average 7 poor 0 very poor 0 NR 1 poor 1 4% very poor 0 0% NR 1 4%
54%
50%
38%
12%
0%
0%
0%
23%
46%
27%
0%
0%
4%
5
26%
6
32%
5
26%
2
11%
0
0%
1
5%
Reliability (Quality) very good good average poor very poor NR very good 7 37% good
2
11%
15
79% 5%
1
5% 0%
0
0%
9 47%
Status very good 3 16% good 9 47% average 7 37% Variety very good 3 16% good 13 68% average 2 11% Availability very good 8 42% good 10 53% average 1 5% poor 0 0% very poor 0 0% NR 0 0% very good 3 16% good 9 47% poor 1 5% very poor 0 0% NR 0 0% very good 5 26% good 11 58% poor 0 0% very poor 0 0% NR 0 0% very good 10 53% good 6 32%
poor 0 0%
very poor 0 0%
NR 1 5%
poor 1 5%
very poor 0 0%
NR 1 5%
Brand Recall
Lakme - 40% :Lips make-up category Lakme - 47% and Revlon - 28% :Eye makeup category Lakme - 39% and Revlon - 23% :Nail care category Loreal - 23% :hair care category Lakme - 38% :Skin care category
Male Respondents
25% respondents recall Lakme when it comes to Skin care 35% users actually use Lakme Skin care products Lakme does not figure in the hair care category Revlon does not figure in either category
Suggestions
For Lakme
Create product line for premium segment with a different brand name Increased products in hair care and skin care More depth in product range Improve packaging Increase Communication
For Lakme
Come out with hair loss treatment Introduce low cost variants 4 high end products Water-proof, thick volume mascara Improve Sunscreens quality More colours for nail Smaller bottles
For Revlon
Improve availability Improve communication Increase variety and reduce prices Make prices more competitive
For Both
Keep up with international trends Availability in semi-rural areas Explore gloss and shine segment Both of them can add ayurvedic pdts Revlon parlour