Professional Documents
Culture Documents
GROUP
Entrepreneurship Project
5. Executive Summary 6
8. Consumer Behavior 11
12. Targeting 25
14. PLACE 30
15. PRICE 31
16. BRANDING 32
17. PACKAGING 33
19. PROMOTION 35
20 REFERENCES 36
1
Within India's vast beauty business, the Ayurvedic skincare sector has seen
significant evolution, with a market size of roughly $150 million. This expansion
is supported by a great cultural reverence for Ayurveda, which aligns neatly with
the country's different regional preferences and climate variances. Notably, face
washes are a critical segment, contributing significantly with an annual
production volume of approximately 35 million units, equal to a market value of
$30 million. Urbanization and a growing health-conscious population have
helped propel this business forward, promoting a growing preference for
natural, eco-friendly skincare products.
The market's diversity is seen in the wide range of offers, which range from
purifying Neem & Tulsi varieties and brightening Turmeric & Honey alternatives
to specialized formulae targeting specific skin types, such as Sandalwood & Rose
for dry skin and Tea Tree & Mint for oily or acne-prone skin. This abundance of
options demonstrates the industry's commitment to fulfilling a wide range of
consumer needs.
This strong development trajectory points to a bright future for the Ayurvedic
skincare industry, which is defined by constant innovation and research efforts
to meet the changing skincare tastes and needs of Indian consumers across
different areas.
2
Analyzing and Understanding Industry through
Environmental Variables
Following is the comparable examination of the key variables influencing Ayurvedic
skincare in India:
Demographic Environment
Demographic variables have a significant impact on the Ayurvedic skincare industry's consumption trends. Different
age groups have different skincare product preferences. Younger populations, which account for around one-fifth of
the population, frequently gravitate toward skincare routines that emphasize preventive care and natural
alternatives. Older consumers, who make for 15% of the population, prefer products that address specific aging or
skin health concerns. There is a correlation between age and skincare preferences, with older consumers preferring
products tailored to their needs, such as anti-aging formulations or mature skin solutions.
Cultural Environment
Regional Preferences: The various cultural landscapes of India influences skincare preferences. Each region has its
own skincare rituals and ingredient preferences, prompting businesses to create products that appeal to distinct
regional preferences and customs. States such as Kerala and Tamil Nadu, for example, boost demand for coconut-
based skincare, whereas North Indian regions favor formulas laced with turmeric and neem. This regional variation
has an effect on product customization and marketing methods.
Cultural Heritage: Ayurvedic skincare products frequently draw from India's rich cultural legacy, emphasizing
traditional ingredients, formulas, and practices that appeal to consumers seeking authenticity and heritage in their
skincare routines. Consumer engagement is better for brands that leverage cultural heritage, with over 70% of
customers preferring skincare products anchored in traditional traditions. This affinity for the past influences
purchasing decisions.
Natural Environment
Sustainability: Consumer demand for environmentally friendly and sustainable products influences formulation and
packaging materials. Brands that use recyclable packaging and natural, biodegradable products match with evolving
environmental consciousness and cater to eco-conscious consumers. Consumer demand for skincare products with
recyclable packaging and eco-friendly components has increased by 40%. Brands that adopt these strategies see a
25% rise in market share, demonstrating a change toward customer behavior that is driven by sustainability.
Economic Environment
Market Size and Growth: The Ayurvedic beauty sector in India is worth over $billion, and it is increasing at an annual
pace of 8-10% due to increased urbanization and consumer desire for natural goods. Consumer Spending: Urban
consumers devote 20-25% of their skincare budget to Ayurvedic and natural products, indicating a growing
awareness of the benefits of herbal cosmetics. Employment and Investments: The business provides about 5 lakh
jobs in manufacturing, research, distribution, and retail. R&D investments make a substantial contribution to product
innovation.
Technological Environment
Formulation Innovations: Technology assists in the development of new formulations that combine traditional
Ayurvedic components, improving product efficacy and stability. E-commerce and Digital Marketing: Due to
excellent digital marketing methods and the growing significance of e-commerce platforms, online sales of Ayurvedic
cosmetics increase by 25% each year. Quality Control and Efficiency: Technology-driven quality control procedures
and factory automation boost efficiency, resulting in 15-20% lower production costs. R&D: R&D accounts for
around 8-10% of industry spending, with the goal of generating new Ayurvedic formulations and discovering unique
ingredients.
3
Introduction
Blissora is a renowned Ayurvedic wellness
company dedicated to giving an unrivaled Quality Control and Certification
natural rejuvenation experience. Our brand Blissora commits to the highest industry
values authenticity, exceptional quality, and a standards to ensure confidence and reliability.
distinct blend of ancient Ayurvedic wisdom and Our goods are backed by stringent quality
modern innovation. controls and certifications from prestigious
regulatory authorities such as AYUSH and the
FDA. These certificates confirm our commitment
to cruelty-free procedures and the usage of
vegetarian ingredients, ensuring high-quality
products.
Brand Philosophy
Our basic conviction at Blissora lies in the
blending of time-honored Ayurvedic practices
and modern methodologies. We diligently curate
our goods, sourcing only the finest, sustainably
harvested ingredients to provide revitalizing Customer-First Approach
solutions that represent our devotion to Customer satisfaction is at the heart of Blissora's
wellness. ideals. We prioritize our customers' wellness
journeys by providing a wide range of natural,
time-tested goods. Our commitment to
consistency, dependability, and trust ensures
that our customers have a satisfying and
rewarding experience.
Product Commitment
The Blissora product range is a harmonic fusion
of nature's riches. AlpArma Oil, Saffron, Papaya
Extract, Aloe Vera Extract, Tomato Extract, Rose
Water, Turmeric Extract, and Tankan Bhasma
are all included in our formulations. Each Conclusion
ingredient has been meticulously chosen for its Blissora embodies natural wellness, capturing
potency, usefulness, and therapeutic the essence of Ayurvedic wisdom. With an
characteristics in supporting holistic wellness. emphasis on authenticity, excellent quality, and
customer happiness, our brand aspires to be the
go-to option for anyone looking for a more
holistic approach to rejuvenation and well-being.
7
PRODUCT
Premium Composition:
AlpArma Oil, Rose Water, Natural Balance:
Turmeric Extract, and Carefully blended natural
sustainably sourced ingredients for a refreshing
botanicals. cleanse.
BlissOra
Face Wash
Ayurvedic Rejuvenation:
Certified Quality:
Goes beyond cleansing,
AYUSH and FDA
offering rejuvenation in line
certifications ensure purity
with Blissora's wellness
and ethical standards
commitment.
8
Blissora's Offerings
The choice to launch an Ayurvedic face wash in our foray into the
Ayurvedic skincare industry originates from a critical awareness of
prevalent skincare conditions and the need to offer a complete solution.
Recognizing the common discontent with harsh chemical-laden face
washes, our goal is to alleviate these concerns. We discovered a common
problem among consumers dealing with skin irritation, acne, dryness, and
the consequences of utilizing chemically-driven products. To address this,
our Ayurvedic face wash composition shines brightly, delivering a gentle
yet effective remedy. This face wash, made from natural components
certified by ancient Ayurvedic wisdom, addresses skin concerns without
depleting its natural oils, ensuring a delicate balance while deeply
cleansing. It demonstrates our dedication.
10
Vision Ahead
Blissora: Blossoming into a Radiant Future
SHORT-TERM GOALS
CAPTIVATE AND CONVERT
Targeted campaigns: Highlight our unique
Ayurvedic blend through strategic partnerships
with renowned experts, influencers, and
platforms.
Educational outreach: Share the power of
Ayurveda for radiant skin and holistic well-being
through engaging content and personalized
consultations.
LONG-TERM GOALS
CONSUMER BEHAVIOUR
To understand exactly who our customers will be and what they desire we did a
two-fold research. We first conducted a survey and reached out to those people
and took their interviews to understand their wants and needs in depth. To
understand the consumers in the type of market where Blissora is to be
established, Our group conducted a market survey to a variety of potential
consumers ranging from all age groups. The aim was to receive a broader insight
into the consumer’s tastes and preferences as well as to better understand the
customers and fulfil their needs.
A majority of potential
customers lie between the age
of 18- 30, people of these ages
are generally more active on
social media and other such
platforms of communication
thus allowing room for
purchase emulation
Response from the second question suggests that consumers crave natural,
mild, and skin-type specific face washes that are free of irritating chemicals
and harsh fragrances. This is an excellent opportunity for Blissora. Your
brand can capitalize on this rising demand by creating formulas with nature's
bounty, stressing gentleness on all skin types.
The poll results are promising for Blissora! The majority (51.9%)
prefer an Ayurvedic face cleanser, with a sizable "maybe" (44.4%)
group indicating a willingness to try something new. This
demonstrates an increasing interest in natural alternatives that
provide effective answers. With its emphasis on Ayurvedic
ingredients and customised formulations, Blissora is best
positioned to capitalize on this trend and establish itself as a top
alternative for consumers looking for a gentle yet strong face
cleanser.
ORAL INTERVIEW
Some of the questions we asked: -
Describe your current facial wash. What brand do you use, and
how long have you had it?
What are the most noticeable advantages of your current face
wash? What, if any, disadvantages do it have?
How much are you willing to pay for a bottle of your current
face wash that lasts about 3 months?
Have you ever experimented with natural face washes? If so,
what were your motivations for trying them, and how did they
go?
What are your main worries about using a natural face wash?
(Price, effectiveness, accessibility, skepticism, and so on.)
Imagine a face wash that's 100% natural, uses ancient
Ayurvedic ingredients, and delivers visible results on
blemishes and dryness. How much would you be willing to pay
for it if it lasted 3 months?
What features or benefits in a face wash would make you
consider switching from your current brand?
If you could design your ideal face wash, what would be its
essential ingredients and features?
How important is it to you for a face wash to be cruelty-free,
ethically sourced, and environmentally friendly?
Would you be interested in trying a new face wash like
Blissora, which offers a free trial or sample so you can
experience it before committing to a full purchase?
15
TIME
INTERVIEWEE
PROFFESSION DURATIO KEY INSIGHTS GATHERED
NAME
N
HOW CONSUMERS
FEEL ABOUT
BLISSORA
Sweat is my fuel, not my
skincare nemesis. Blissora,
as long as it's a post-
workout dream, I'm in!
Quick rinse, invigorating
touch~ David
Clinical evidence
meets ancient
wisdom? count
me in ~ Sarah
Cost-effective and
acne-battling? My
wallet and my face are
cheering! ~ Aryan
Ayush certification?
Organic ingredients?
Highly impressive!!
~Tia
19
Blissora offers a
natural, holistic Blissora offers a
Blissora offers a
approach to handpicked variety of reliable,
skincare, with the selection of cruelty-free,
goal of increasing products that vegetarian products
confidence through simplify skincare that appeal to
healthy, glowing routines while individuals looking for
skin. ensuring efficacy. ethical skincare
options.
Confidence Personalized and Reliable and
via Natural Simplified Skincare E th. " ictal
Solutions Routine Options
20
COMPETITION ANALYSIS
CHEMICAL CERTIFICATION
PRODUCT
PRESENCE STATUS
Despite claims of being Ayurvedic, organic, herbal, or natural, many face cleansers on the market
contain a number of potentially harmful chemicals. Here is the list of chemical material used in
face wash:-
TOXIC CHEMICALS IN FACE WASHES
SODIUM LAURYL SULFATE
SODIUM LAURETH SULFATE
SODIUM MYRETH SULFATE
DISODIUM EDTA
METHYLCHLOROSIOTHIAZOLINONE
POLYQUARTERIUM-6
PROPYLENE GLYCOL
DIMETHICONE COPOLYOL
BENZOPHENONE-3
TRIETHANOLAMINE
PROPYL PARABEN
METHYL PARABEN
ETHYL PARABEN
PROPANEDIOL
BHT
METHYLISOTHIAZOLINONE
O-CYMEN-5-OL
DMDM HYDANTOIN
SODIUM TRIDECETH SULFATE
DIETHANOLAMINE
COLORS
FRAGRANCES
ALCOHOL DENAT
Regardless of how they are marketed, these ingredients can cause skin irritation, dryness,
allergic reactions, and even disrupt hormone balance. Let's review the product descriptions of
the most regularly used face wipes that claim to be Ayurvedic, herbal, or natural, including those
of our competitors, to verify this reality.
22
23
A product that is completely natural and 100% free from toxic chemicals
Works even better than the 'Gharelu' natural remedies
Constitutes of ancient, authentic, tried and tested methods and
processes of ayurveda
Committed to:-
Blissora's Chemical-Free Pledge: Stands apart for its unwavering
avoidance of hazardous chemicals, backed up by AYUSH certification,
ensuring authenticity and confidence in the organic and Ayurvedic
skincare sector.
The Chemical Dilemma of Competitor Brands: Despite claims of organic
or Ayurvedic formulations, the presence of potentially dangerous
substances contradicts their claims, demonstrating inconsistencies in
formulation transparency and authenticity.
Certification and Trustworthiness: Blissora's AYUSH certification
increases its reputation, distinguishing it as a natural and reputable
brand in comparison to competitors who lack such authoritative
recommendations.
Assurance of Chemical-Freeness: -
Blissora is free of hazardous ingredients such as Sodium Lauryl Sulfate
(SLS), Parabens, synthetic perfumes, Disodium EDTA, and others. Its
dedication to authenticity is supported by certifications such as AYUSH,
which ensures a truly organic and Ayurvedic approach to skincare.
STRENGTS WEAKNESSES
Genuine Ayurvedic Formulations Restricted Market Reach
Blissora's strength is its dedication to true Ayurvedic Despite its virtues, Blissora may suffer market reach
techniques, with products made from high-quality, restrictions due to an emphasis on authenticity, which
natural components certified by time-honored may not immediately appeal to a broader audience
traditions. unfamiliar with Ayurveda.
Client-Centric Approach
A commitment to cruelty-free, vegetarian formulas and
an emphasis on customer happiness and trust-building
through trustworthy, effective products generates THREATS
strong brand loyalty. Market Saturation
The saturation of the skincare business, combined with
competitors selling similar natural or Ayurvedic goods,
OPPORTUNITIES may threaten Blissora's differentiation and market
positioning.
Increased Consumer knowledge and Preference for
Natural Products Regulatory Challenges
Growing consumer knowledge and preference for Changes in rules or strict compliance requirements in
natural, cruelty-free skincare products presents a different markets may have an influence on the brand's
substantial opportunity for Blissora to increase market capacity to operate or expand smoothly.
share.
Price Sensitivity
Global Market Expansion Price sensitivity among consumers may effect sales,
The growing international popularity of Ayurveda and particularly if seen as pricey in comparison to standard
holistic wellness practices presents a chance for Blissora
skincare products, potentially limiting market
to expand beyond its current markets.
penetration.
1. Young Adults with Limited Incomes: aimed at people between the ages of 18 and
25, particularly young professionals and college students, who value good skincare
yet are budget conscious. It's critical to provide this population with skincare
options that are both economical and effective.
Accessibility: Encouraging the target audience to have easy access to items via
budget-friendly retailers, drugstores, supermarkets, and retail chains, as well as
online platforms.
Involvement and Education: Teaching the intended audience about the advantages
of Ayurvedic components, with an emphasis on openness and demonstrating how
economical it is to use Blissora goods.
DISTRIBUTION GEOGRAPHIC
CHANNELS REACH
PRICE CONSIDERATIONS
Pricing of Competitors: Consider the costs imposed by rivals in the
Ayurvedic skincare sector who provide comparable goods. Examine the
benefits they offer at the various pricing points and place Blissora's product
in a competitive market.
Perceived Value: Gain insight into how customers view Blissora's goods.
Consider elements like special formulas, organic components,
advantages, and the ways in which these elements affect the perceived
worth.
300/-
500ml
bottle
Visual Identity
Logo - The logo combines an Ayurvedic product bottle and a carefully
selected herb, symbolizing the blend of science and nature. The seamless
blend captures the essence of holistic wellness, promising a journey of
tranquility through the timeless wisdom of Ayurveda.
Color Palette - Earthy tones and calming hues, reflecting the natural
ingredients used in Blissora products.
With a modular structure that allows for easy disassembly and several uses
as organizers or storage options, the boxes are cleverly made to be
incredibly adaptable. They're more than just packaging; they're a canvas for
our clients' imaginative uses.
Furthermore, our inserts are composed of seed paper, which has the
potential to sprout into lovely flowers or herbs when planted, giving our
packaging a playful and environmentally friendly touch. Our philosophy is to
deliver an experience that aligns with our consumers' values, rather than
merely a product.
Online Retail
Platforms Brick and
Mortar detail
Making use of e-commerce
platforms can enable Collaborating for
national accessibility. physical product
Collaborating with well- placement and
known e-commerce awareness with well-
platforms enables a wide
known retail chains,
audience and makes
pharmacies, wellness
product purchases easy for
centers, and specialized
customers.
shops.
Constructing flagship
stores or other exclusive
Collaborating to sell
outlets in key areas to
products as part of their
exhibit the brand's
services or for sale
products and foster a
within spas, yoga
direct relationship with
centers, and wellness
customers.
resorts.
Executive
Outlets Partnerships with
Health & Wellness
Centers
35
https://www.mordorintelligence.com/industry
-reports/india-herbal-shampoo-market
https://univdatos.com/report/india-herbal-
personal-care-product-market/
https://timesofindia.indiatimes.com/blogs/voi
ces/ayurveda-personal-care-indians-are-
shifting-from-chemical-based-to-herbal-
products/
https://www.openpr.com/news/2294472/india
-herbal-personal-care-products-market-
research-report
Marketing Management by Kotler & Keller
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YOU