Professional Documents
Culture Documents
Group 13
Jagriti Kashyap
M025-15
Shilpa Tandon
M049-15
Shubhangi Dhokane
M052-15
Introduction
Patanjali Ayurved is an Indian FMCG company which focuses on making
Ayurvedic and herbal products. Though, recently it has grown into a general
FMCG company making shampoos, soaps, detergents, noodles etc. It is
headquartered in Bijwasan, Delhi and has a 150 acre manufacturing plant in
Haridwar. It also has a smaller plant in Nepal. It sources its requirements of
majority of herbs from Himalayas of Nepal.
The company was established in 2006 by Yoga guru Baba Ramdev and his
disciple Acharya Balakrishna with an objective of establishing science
of Ayurveda in accordance and coordinating with the latest technology and
ancient wisdom. The latter owns 94% of Patanjali Ayurveda. Patanjali is the
fastest growing FMCG Company in India. Patanjali started its operations with
Patanjali Yogpeeth in Haridwar, Uttarakhand. Patanjali Yogpeeth is one of the
largest yoga institutes in the country. Patanjali Yogpeeth offers treatment and
scientific research and has brought a revolution when it comes healthcare in
the country with the combined approach of Yoga and Ayurveda.
The founders have openly declared a war on multinational FMCG companies
in India in their widely popular yoga shows and have been asking their
followers to ditch these companies in favor of goods made by local
companies (Swadeshi). They have been very vocal about the multinational
companies taking away the profits made from the customers inside the
country to their parent companies abroad.
Patanjali Ayurved primarily produces products in the categories of personal
care and food. The company manufactures around 500 products including 45
types of cosmetic products and 30 types of food products. According to
Patanjali, all the products manufactured by Patanjali are made from Ayurveda
and natural components. Patanjali Ayurved manufacturing division has over
300 medicines for treating a range of ailments and body conditions, from
common cold to chronic paralysis.
Patanjali sells its products through over 15000 Patanjali exclusive shops. Its
products are available in over 1.5 lakhs shops across the country as well as
abroad. They also have a sister company by name Divya Pharmacy which
essentially is a retailer of Patanjalis Ayurvedic medicines with revenues of
around 400 crores.
In 2015, Patanjalis sales grew by 150 percent to Rs. 5000 crore making it the
fastest growing FMCG Company in the country. It is also the fastest growing
consumer brand in the FMCG space. Now the company is targeting for Rs.
10,000 crore revenue in 2016-17. They have 4000 distributors and 100
mega-marts. They have also tied up with retail chains like Future Group and
Reliance Retail. The company is in talks to raise around Rs. 1000 crore in
project loans so as to set up four new manufacturing plants.
They are based on Vedic wisdom and consumers know the efficacy of
ingredients used
Deep down Indians always knew about the effectiveness of our natural
plants. But there was no genuine delivery platform till now. Himalaya Herbal
did it, but became expensive and caters to the high-end market.
Millions worldwide have benefitted from Baba Ramdev's yoga. Thus, his
credibility is high. Usually brands are first introduced and then trust is built.
In this case it is the opposite. First Baba Ramdev built trust, then the brand
followed.
Baba Ramdev is very different from Brand ambassadors for other brands.
The brand was started by him and Acharya Balkrishna in the year 2006. So
he owns the brand and makes sure that no stone is left unturned in
promoting the brands on various platforms. And also he works for free
distinguishing him from the usual brand ambassadors.
Promotion Platforms
Baba Ramdev has direct interaction with consumers through his Yoga
camps. The potential captive market Ramdev can address is around 20
crore. So, almost a sixth of the Indian population has attended a class
of the Ramdev School of yoga
He goes on international tours and promotes the brand there also in his
yoga camps and the west is particularly fascinated by the idea of
herbal and Ayurveda. In these camps as he demonstrates the yoga
poses, he subtly introduces the brands by highlighting their numerous
features & the resultant benefits they offer. And request his followers
to try & experience the benefit themselves
Political Influence
Baba Ramdev has good connection with politicians and political parties. He is
perceived to be close to Indias ruling coalition, and has appeared with Prime
Minister Narendra Modi on several public platforms.
He approached Lalu Prasad yadav and gave his face a massage from
Patanjali cream and all of media covered it. He leverages his connection to
get publicity for the brand free of cost.
Public Behavior
Ramdev has been very cooperative with media and has maintained
good relationship with them
References
1.
https://en.wikipedia.org/wiki/Patanjali_Ayurved
2. http://economictimes.indiatimes.com/industry/cons-products/fmcg/how-baba-ramdev-has-built-a-rs2000-crore-ayurvedic-fmcg-empire-plans-to-take-on-multinational-giants/articleshow/47657636.cms
3.
http://modifyed.in/baba-ramdev-one-greatest-content-marketers-india/
4.
http://www.livemint.com/Companies/hLEBBx17cFY5rPjTjmIP9O/The-Patanjali-story.html
5. http://www.livemint.com/Consumer/iPrCc09EgmwIYSA4qEAlLN/Baba-Ramdevs-Patanjali-Ayurvedsplurges-on-radio-ad-with-sw.html