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Promotion) and explains the Havells marketing strategy. The article elaborates the pricing,
advertising & distribution strategies used by the company.
Let us start the Havells Marketing Mix:
Product:
The product strategy and mix in Havells marketing strategy can be explained as follows:
Havells India is a leading Fast Moving Electrical Goods company. Havells has also got one of
the biggest product basket. The product portfolio in the marketing mix of Havells India can be
divided into 2 segments:
• Consumer products: It covers products sold in B2C (Business to Consumer) market. Product
offered by Havells are Fans (ceiling, table, exhaust, pedestal fans), Lighting (consumer, CFL,
LED lights), appliances (cooking, brewing, garment care appliances), switches, switch gear,
water heater, air purifier, flexible cables, Air cooler, pumps.
• Industrial products: It covers product sold in B2B (Business to Business) market. Products sold
by Havells in this category are Heavy duty fans (air circulators, Exhaust fans), professional
lighting (LED luminaries, street lights etc), reactive power solution (LV PFC
capacitors,agricultural duty capacitors etc), cables (HT power cables, LT power cables etc) ,
switch gears, motors.
Havells is focused on extending its product portfolio through use of technology to bring new
Lifestyle based products like Air fryer, Air purifier, Home automation. From 2015, Havells is
targeting ‘Integrated Automation and Control Solutions’ segment which focuses on products to
enhance customer lifestyle.
Image: company website
Price:
Place:
Promotion:
The promotional and advertising strategy in the Havells marketing strategy is as follows:
The electrical industry is not generally brand driven. But Havells India has always emphasized
on aggressive marketing strategies where the company spends about 3-4% of sales on advertising
and promoting their brand as compared to just 1% spend by other competitors in electrical
industry. The promotional strategy in the marketing mix of Havells uses media like TV, print,
online etc to spread brand awareness. Havells is known for its ad tagline ‘shock laga kya’ for
promoting their MCBs. Other prominent ads like ‘Wires that don’t catch fire’ for cables
promotion as also a big hit which showed mother son relation beautifully. For fan products
Havells came out with humorous ads ‘bijlee’ Because of all this beautifully designed ad
campaigns Havells scores high share of voice as compared to competitiors like Crompton, usha
etc. Havells has also been a part of event sponsorship for Cricket IPL and TV shows. Havells
utilizes social media to promote their campaigns like ‘Bil chota dil bada’, ‘ Respect for women’
etc. Havells has been able to achieve premium brand image in minds of consumer projecting
Havells as achiever and ambitious brand. This gives an overview of the marketing mix of
Havells.