Professional Documents
Culture Documents
Declaration
I declare that this Assignment is my work. I have not copied it from any
other student's work or any other source except where due
acknowledgment is made explicitly in the text, nor has any part been
written for me by any other person.
Evaluation Criterion: Rubrics on different parameters.
Shailendra Gurjar
Student’ Signature:
Acknowledgment
First of all, I am grateful to The Almighty God for establishing me
to complete this assessment. I place on record, my sincere gratitude to
HOD & Dean Administrative, Faculty of Businesses, for their constant
encouragement.
I also thank Dr. Richa Bhatia Lecturer, Faculty of Essentials of
Marketing. I am extremely grateful and indebted to her for her expert,
sincere, and valuable guidance and encouragement extended to me. I
take this opportunity to record our sincere thanks to all the faculty
members of the Mittal School of Business for their help and
encouragement.
I also thank my parents for their unceasing encouragement and
support. I also place on record, my sense of gratitude to one and all
who, directly or indirectly, have lent their helping hand in this venture.
Shailendra gurjar
Index
SL.NO Topics
01 Introduction
02 Segmentation,Targeting and Positioning
03 Marketing strategies of Dabur
04 Innovation
05 Recommendation
Introduction
Dabur India Ltd
Dabur India Limited is a leading Indian consumer goods company with interests
in Hair Care, Oral Care, Health Care, Skin Care, Home Care and Foods. From its
humble beginnings in the by lanes of Calcutta way back in 1884 as an Ayurvedic
medicines company, Dabur India Ltd has come a long way today to become a
leading consumer products manufacturer in India. For the past 125 years, we
have been dedicated to providing nature-based solutions for a healthy and
holistic lifestyle.
Segmentation
Demographics
Socio-Cultural
Geographic
Market
Segmentation
Demographic segmentation
Socio-Cultural Factors
Culture and social class are the two main bases of segmentation here.
Culture: Culture influence consumer behavior, deeply. A given culture brings in
its own unique pattern of social conduct. A person usually acquires his cultural
attributes right at his childhood. Culture includes religious, caste, traditional,
language, pattern of social behavior etc.
Social Factor: Social group of varying types exert influenced on the consumer.
Social group include family, peer group, close colleges. They adopt their common
life style.
The influences of cultural and social factor are on consumer behavior. So products
are segmented on the basis of social and cultural factor.
Psychographic segmentation
Psychographic Segmentation groups customers according to their life-style and
buying psychology. Many businesses offer products based on the attitudes, beliefs
and emotions of their target market. The desire for status, enhanced appearance
and more money are examples of psychographic variables. They are the factors
that influence your customers' purchasing decision. In psychographic
segmentation, elements like life style, attitude, self-concept and value system,
form the base.
Segmentation enables the marketers to choose his target market better. It also
helps him to make the winning strategy and strike the right product offer and the
right marketing mix. With the information generated from multi-level
segmentation, he can obtain a deeper understanding of the customers in each
segment, their needs, buying motives and buying behavior. He can understand in
what way each of the different segments want the product to be, he can then
tailor his product, marketing offer and promotional appeal, to fit the individual
segment; he can select the priced, distribution method/channels, media vehicles,
advertising massages and sales appeal, which will be appropriate
In the past few years, Dabur has leveraged its brand and potential to the new
online markets and has largely incorporated its business in digital means. The
brand has been since then continuously rebuilding and renovating its brand so as
to have a digital strategy for brand visibility.
Dabur constantly envisions providing the best experience to its consumers. They
have started to focus a lot on improving the website in order to improve the user
experience. Customers can order anything and explore all range of products from
their website homepage.
Not only has the website focused on its diversified ayurvedic and herbal product
range but also covers the social activities the company is indulged in and various
paths through which the public or the customers can collaborate with the
company.
Presence on E-Commerce and
grocery stores
Dabur already had its presence in online and offline stores. E-commerce websites
like FMCG titan, Snapdeal, Flipkart, etc, all were and are selling Dabur products.
In fact, Amazon has a separate page for Dabur’s product range display.
In order to increase this customer base and reach, Dabur marked its presence
over online grocery stores like Big Basket, and Grofers. Since people prefer to buy
groceries online today, it has become easy for them to order their personal care
products or Ayurvedic products of Dabur from such places.
Marketplace Exploration :
Dabur wants to increase its reach extensively, for which the company has been
working hard on market place exploration. Whenever a consumer visits the
website of Dabur, the website redirects the customers to the marketplace/s. The
more and more options the consumers get, the more sales the company makes.
Dabur India Ltd has continued to move towards targeting the youth and modern
lifestyle consumers. Even though the generation today doesn’t bother to consider
Ayurveda as seriously as the earlier generations did, but Dabur has been
constantly attracting the youth by its appealing packaging of products and
marketing strategies.
The target market of the company covers the consumers in the 15 – 40 years age
bracket of which most of them are closer to the upper limit. The smell, taste, and
looks of all Dabur products are made consciously with the approach to appeal to
this target market.
Pricing Strategies:
Dabur has tactfully organized its pricing strategies. The company has
differentiated its premium products from other variants under every category due
to which prices of the products vary from one another. Considering the
competitors like HUL, Pepsi co. etc, Dabur has kept its price affordable so that
every family of all income classes can buy Dabur products.
Dabur often invests its resources in many social initiatives and campaigns, for
example, in uplifting the rural areas. By doing such activities, Dabur attracts the
attention of the masses by touching the sentiments of Indian consumers.
Innovations
Innovations in packaging :
For both their hair oil products, Dabur decided to give audiences the option to choose
which storyline they wanted to follow, based on whether they chose to skip or interact
with the content. Using a series of bumpers, Trueview in-stream, and non-skippable
video ads, Dabur could determine the next ad to be served based on a person’s previous
interaction with the video.
Viewers that chose to watch the video without skipping, saw ads communicating the
usage and product benefits. A different creative was used for each product, with Dabur
Vatika focusing on a celebrity testimonial, while Dabur Amla’s messaging adopted a
more emotional storyline that depicted an Indian couple exemplifying the
brand’s “strengthening hair, strengthening relationships” messaging. These creative
elements were consistent with the brand’s positioning over many years, but were
adapted for this new digital platform.
Dabur employed the same strategy for both products, “viewers” saw the story progress
in a linear manner while those that chose to skip the ads were shown only the key brand
benefits via non-skip bumpers.
Coping with the time and need of customer:
Dabur has a strong pipeline of new products in place with many of these being in
the healthcare and personal hygiene space. Prior to the Covid-19 spread, we had
prepared a launch strategy for these products. Given the spread of the disease,
we have decided to pull forward launch plans to meet the needs of our
consumers across the country.
The company is looking at extending it's beyond the current paste-like format to
more formats like a capsule or tablet form. For Glucose, it is looking at launching
a capsule format. It has recently also launched it in a sachet form targeting rural
markets.
Also, Honey will see the addition of value-added variants. Over the past few
months, the company has launched a few variants like Dabur Honey Tulsi, and
organic honey variants on e-commerce. It is now looking to launch a Sitopaladi
Honey variant soon.
With cough being one of the significant symptoms of COVID-19, the company also
sees demand for its cough syrup product Dabur Honitus.
Recommendations
Be the preferred company to meet the health and personal grooming needs
of our target consumers with safe, efficacious, natural solutions by
synthesizing the deep knowledge of ayurveda and herbs with modern
science.