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Dandy skin creams for men Joint venture Paras ITC Canada pharma cosmetic company aims to give more bang for buck. Total size of the Indian MEN cosmetic market is close to INR 13 Billion Highly fragmented Concentrated in the Tier-I cities only men's cosmetic captured market is 12% only. Product Description Colloidal base Citrus essence Gel base not talc base free of alcohol for oily, normal and dry skin types No allergies medically approved by I.M.a.
Dandy skin creams for men Joint venture Paras ITC Canada pharma cosmetic company aims to give more bang for buck. Total size of the Indian MEN cosmetic market is close to INR 13 Billion Highly fragmented Concentrated in the Tier-I cities only men's cosmetic captured market is 12% only. Product Description Colloidal base Citrus essence Gel base not talc base free of alcohol for oily, normal and dry skin types No allergies medically approved by I.M.a.
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Dandy skin creams for men Joint venture Paras ITC Canada pharma cosmetic company aims to give more bang for buck. Total size of the Indian MEN cosmetic market is close to INR 13 Billion Highly fragmented Concentrated in the Tier-I cities only men's cosmetic captured market is 12% only. Product Description Colloidal base Citrus essence Gel base not talc base free of alcohol for oily, normal and dry skin types No allergies medically approved by I.M.a.
Copyright:
Attribution Non-Commercial (BY-NC)
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Als PPTX, PDF, TXT herunterladen oder online auf Scribd lesen
Joint venture Paras pharma ITC Canada cosmetic company Objectives Wealth maximization To give more bang for buck To capture the semi city market and rural market To give customer delight Quality products for the men segment Market Overview The total size of the Indian MEN cosmetic market is close to INR 13 Billion Highly fragmented Concentrated in the Tier-I cities only Men’s cosmetic captured market is 12% only Product Description Colloidal base Citrus essence Gel base not talc base Free of alcohol For oily, normal and dry skin types No allergies medically approved by I.M.A For oily mineral clay For dry glycerin and jojoba oil Product description Rs 25 for 10 grams Rs 70 for 30 grams Rs 140 for 60 grams Production Location Production in NBB belt Production Capacity 15000 per day Nagpur belt production capacity 10000 per day Subsidy Cheap electric rates Cheap labour Ancillary units Unique selling point Allergy free Sunscreen of SPF 20 Different creams for different skin types Melanin reducer Less price Acne preventer Marketing strategies Increasing awareness and social consciousness in Tier-II cities greater awareness of brands and segments Provide free samples Electronic media tv radio etc Print media Marketing strategies Brand ambassador campaigning Fashion shows CSR WOM Financial Forecast Venture capital between ITC, Paras and Canada cosmetic company 95 crores funded from Canada cosmetic company 90 crores from ITC and 100 from Paras 60 crores allocated to research and development. 120 crores for plant and machinery Financial Forecast Expected break even point in four year. Excepted returns on investment 25 % Human Resource Management Total skilled labourcount 4300, unskilled labour 3200 Technical staff 150 Production and line manager 20 Corporate office management staff 160 Misc staff 30 Semi annual appraisal Target people Middle class Cosmopolitan men Semi city inhabitants and rural Fairness conscious persons Summary Unique product for different skin types Strong marketing strategies Good returns on investment Sound headcount Flexible in production