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MARKETING
MANAGEMENT
PROJECT Submitted by:
Ankita Kohli E-09
Mahak Gugliani E-10
Avinash Talreja E-35
Sai Giridhar E-37
Pradeep Kapil E-38
1
ADOPTATION OF THE INDIAN
CULTURE BY OLAY to
capture Indian market
2
About Olay
Olay is a $2 Bn global brand has met with
phenomenal success in all the markets it
entered
At that time the brand was named Oil of Olay.
Later when P&G acquired it, the brand was
renamed Olay.
Olay was launched in India in August 2007
Olay is tapping the premium slice of the Rs
2100 crore Indian skin care market.
3
Mission Statement
4
What is marketing mix??
5
OLAY and it’s 4 P’s
6
Product - India
1. Classic:
a) Olay Moisturizing Lotion
b) Olay Moisturizing cream
7
Product - India
2. Total effect
a) Total Effects Normal
b) Total Effects Gentle
c) Total Effects Cleansers
8
Product - USA
The Olay Products available in US are:
1. Olay Professional
2. Definity
3. Regenerist
4. Total Effects
5. Complete
9
Product - USA
6. Deep Cleansing
7. Daily Facial
8. Age Defying Series
9. Olay Classic
10. Olay Body Lotion
11. Olay Body Cleansing
12. Cosmetics
10
Cultural Impact on the product
India is a market where
anti-ageing solutions are
nascent as people use
chandan, tumeric and
various home made
products which are
considered natural,
affordable and effective.
Olay was therefore
launched in a category to
tap into the premium
segment before its goes
mass with its brand.
Cultural Impact on the product
The products are launched in India keeping in
mind the Indian climatic conditions. The climate
is generally hot throughout the year in India,
Olay launched products and packaged them
accordingly.
The talk about “how to break the cycle of dry
skin” and the damage of UV radiations and how
olay helps in reducing it.
Cultural Impact on the product
Since the product is new to the Indian
market, they launched the product in
smaller packets so as to induce the
potential customers to try the new product
thereby braking the conventional methods
of using home made pastes.
The Key ingredients used were changed
because of difference in the skin types in
India.
Promotion
The Brand Worldwide uses the Tagline
Television Advertisements
Teasers
Hoardings
Magazines
Newspapers
15
Cultural Impact on the promotion
• Olay has its separate website for the
Indian market.
http://www.olay.co.in
18
Mass Media
Olay places
advertisements in
magazines which are
most popular
amongst the indian
woman such as
Cosmopolitan,
Femina, Elle etc
19
Website
The website provides a
coupon which consumers
can print outs to avail
discounts
20
Olay Club
FAQs
They have special
FAQ’s keeping in
mind the Indian
woman and answers
for India on their
website so as to
give a personalized
touch to the Indian
customer:
Promotion - Advertisement
Promotion - testimonials
Testimonials by famous
indian actresses:
“When it comes to
fighting the 7 signs of
ageing. I trust only Olay
Total Effects”
-Kajol
“In just one year, my skin
feels so many years
younger.”
-Soha Ali Khan
Price - India
26
Cultural Impact on the price
Since the competition in the Indian market is
fierce and they need to capture a major
share, olay has an introductory price which
are currently cheaper than the US prices.
29
Cultural Impact on the Place
At launch of the product strategy of “Selective
distribution” was used. Marketing through well
known stores and outlets like hyper retail stores,
chemists, beauty advisors and the existing
distributors in Delhi, Mumbai, Kolkata, Chennai,
Hyderabad and Bangalore for assured reach of
the product through well established channels.
32
Segmentation
33
Target strategy
Olay have used “Segmented marketing” while
targeting the customers. They target:
Middle aged women of more than 30 years age
of higher middle class.
As our product removes wrinkles that are formed
on the skin of middle aged women.
Also geographically the target customers are:
People residing in metros and Tier 2 cities.
34
Positioning
A positioning built on meaningful differences,
supported by appropriate strategy and
implementation, can help the company build
competitive advantage.
Olay positioning the product in the minds of
people by the slogan and logo that reflects
youth, as it makes the skin wrinkle free like the
skin of young people
The brand is positioned as a brand that
celebrates beauty within and outside
“Be Young Again”
35
Competition
36
Conclusion
Besides this anti-ageing product, Olay has
introduced cleansers, whitening lotions and
moisturizing lotions. The brand is expected
to introduce its blockbuster range of
products in India in a phased manner.
37
THANK YOU