Monday 30 December 2013

Market Statistics :FMCG

According to Neilsen India, FMCG industry experienced slowdown in the last three quarters of 2013. Non-food categories experienced considerable slowdown than food category. Hair care and personal care suffered most . Cooking oil and impulse foods saw better growth. Categories such as household insecticide, hair color and fabric whiteners were not hit by slow growth.
Analyst say that slowdown is seen in discretionary and premium segments and in saturated categories like soaps and oral care.The volume growth in most cases are driven by price cuts and offers. (Source:Businessline)

Tuesday 24 December 2013

Market Statistics : Personal Care

Indian personal care segment :Rs 59600 crore (Euro monitor )
Anti -Blemish segment :Rs 340 crore
Number of TV channels~ 800 ( Neilsen)
Number of retail stores ~ 8.5 million
Food service market -Rs 6 lakh crore
Quick service restaurant  -15 %
Human hair export -Rs 2500 crore
Diagnostic labs - 80000
Furniture and furnishings :Rs 40000 crore (80%unorganised)

Tuesday 17 December 2013

Brand Update :Fogg outsmarts Axe

In the cluttered Rs 2100 crore deo market once pioneered by axe now has a new leader -Fogg

Sunday 15 December 2013

Market Statistics :Men's Fairness cream

Emami Fair & handsome -57% marketshare
Vaseline + FAL  -30 %
Garnier - 12% (less than)
Fair & Handsome - Rs 200 crore brand

Source TOI

Thursday 12 December 2013

15 Internet Marketing Stats of 2013


Creating a unique and compelling content marketing campaign is becoming increasingly important for modern brands that hope to distinguish themselves. With social media, high-speed Internet and mobile devices reaching a larger audience all the time, we’re witnessing a paradigm shift in the way that products and services are marketed.

Below are 15 marketing statistics from the past year. Some might surprise you, while others might be familiar from previous years

1. The outsourcing of content marketing is becoming increasingly common: 62% of companies now take part in the practice, which represents a 7% increase from last year.

2. The amount of money spent on online content marketing accounts for more than one quarter of the average marketing budget.

3. 72% of shoppers now trust reviews posted online at least as much as they trust personal recommendations from friends and family.

4. It’s now estimated that about 44% of online shoppers use a search engine to begin the shopping process.

5. When it comes to the frequency of posting, marketers see diminishing returns: a brand that posts twice per day receives only 57% as many Likes as it would have if they posted only once per day.

6. It is estimated that by the year 2016, more than half of all the money spent in the retail sector will have been influenced by the web in one way or another.

7. Over the course of the average week, fewer than 0.5% of Facebook users will actively engage with their favorite brands. This handily confirms how important it is for brands to provide the right kinds of content to their audience.

8. 20% of Facebook users have reported purchasing a product or service after seeing an ad or comment about it on the site. Facebook’s targeted ads have gotten a lot of hate, but their success rate continues to climb.

9. The average company only responds to about 30% of feedback provided by fans using social media. This is more than a little bit dispiriting, considering that social media is meant to be a conversation rather than a one-way street.

10. 91% of adult Internet users report using social media websites on a regular basis. In other words, it’s become a nearly inextricable part of our culture.

11. Blogs provide the average brand’s website with 97% more indexed links and a stunning 434% more indexed pages. If you don’t have a blog yet, now is the time.

12. Smartphones now account for more and more online shopping: 64% of smartphone owners now use mobile devices to make purchases online.

13. In an average month, YouTube users watch a total of about three billion hours of video. This confirms how useful it can be for brands to turn their Channels into a destination.

14. Of all smartphone users, 73% report using apps at least once per day to access their favorite social media sites.

15. Of all the accounts on social media websites, approximately 40% of them are spam. 

Special thanks to Alicia Lawrence for today's guest post.  Alicia is a content coordinator for an SEO and web development company and blogs in her free time at MarCom Land. Her work has been published by the Association for Business Communication, Yahoo! Small Business, and Spin Sucks. 

Tuesday 10 December 2013

Market Statistics: Body Spray

Total body Spray market : Rs 1800 crore
Deo for women :30 %
Women's spray growing at 13.9%
Men's category growing at less than 1%

Thursday 5 December 2013

Brand Update : Fastrack launches helmets

One of the most successful homegrown youth brand Fastrack announced its entry into Rs 400 crore organized helmet market recently. Fastrack has grown from a watch brand to an umbrella brand endorsing products from watches, eyewear, bags and accessories. 
image source : gaadi.in
Although I am not a big fan of brand extensions, I have to admit that Fastrack has been able to spot opportunities ( gaps) in the market where it can fit in without diluting its core positioning.
Helmet market is highly cluttered with lot of local brands and minimal differentiation. Although there are established players like Studds, the organized market constitutes only 20-25% of the total market. Since the designs and styles of helmets can be easily copied, differentiation becomes very difficult in this market. 
Many motorists also feel that helmet is a grudge purchase since they wear it out of compulsion . Hence focus of many commuters will be to spent less, get a helmet and carry on.
Fastrack has priced its range between Rs 1495 - Rs 3495 charging a premium. The pricing , in my opinion, is steep and make the product out of reach for many consumers. 

It is in this context that Fastrack's foray into this market becomes interesting. Fastrack definitely will have a headstart because of the brand's equity. But how it fares will depend on the freshness it will bring into the design and style aspect of the product . Since competitors will waste no time in copying the design the challenge will be to keep one step ahead of the others.

Wednesday 4 December 2013

Market Statistics:Biscuits

Cream Biscuit Market :Rs 4600 crore
Market leader:sunfeat at 25%
Brittania and Parle : 20%
Cadbury Oreo   :5%
Share of organised market has grown to 50% of total market.
Source:TOI 5/12/13

Sunday 1 December 2013

Market Statistics

Ayurveda/Unani/Sidha/Homeo/treatment market : Rs 9000 crore   Growth :20%
Ayurveda:Rs 5000 Crore
Salon Products-hair and skin :Rs 2000 crore
Salon business: Rs 12000 crore
Specialist salon treatment :Rs 1000-Rs1200 crore
Anti aging -invasive& surgical :Rs 700 -800 crore
Tv advertising market :Rs 14000 crore