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MDIGurgaon - Muskurate Mandevians Final
MDIGurgaon - Muskurate Mandevians Final
Launch a new product line to Partner with select offline Expand into newer Partner with Spas and With sufficient time gone by
expand in men’s category channels like Shoppers Stop, categories with more Hotels so as to foray in after repositioning, review
Lifestyle, etc. variants so as to capture the wellness industry and build upon stronger
Foray into online space by new audiences variants while discarding or
rebranding official website Come up with exclusive pop- Bring out specific improving weak ones
and partnering with major up stores via Kiosk Model in Launch a select few facial and exclusive ranges for
e-tailers premium spaces cleansing products the wellness industry Capture newer segments
herein untapped by way of
Aggressively advertise With increasing sales and Advertise this heavily with
Keep a few products limited launching ayurvedic variants
Palmolive as brand for highly brand awareness launch a select targeting of the
to exclusive channels to
aspirational & successful men subscription based model right customer segments Projected Revenue: 168 Crores
ensure the premium feel
through digital advertising
To acquire better and newer Projected Revenue: 93 Crores Projected Revenue: 105 Crores
Projected Revenue: 129 Crores
competencies look at
strategic alliances with Key Assumptions Projected revenues by product categories (crores)
upcoming start-ups
Palmolive’s current size: 80 crores CAGR for body wash and shower 2020 2021 2022 2023 2024
Projected Revenue: 86 Crores Palmolive’s overall share in the gel has been assumed 3 times
Bar soap 63 64 64 65 66
Indian bath and shower market is that of industry since major idea
Roadmap at a Glance 0.3% (as per Euromonitor report). caters to that category Body wash/shower 12 16 22 30 41
The same market size has been Since the new product for hair gel
Begin by foraying in the men’s
assumed for all product categories cleansing launches in 2022, CAGR Face cleansing 11 13 18 26 39
category with limited variants
The overall projected CAGR for all initially assumed same as industry
Specific emphasis given to Hair cleansing NA NA NA 8 23
the product categories has been and 3 times for the last 3 years
digital advertising and
taken from the Euromonitor report Hair cleansing revenue assumed Total revenue 86 93 105 129 168
channels to establish brand
and the CAGR for Palmolive has as negligible for now due to
identity and awareness Estimated cost of social media campaigns: Approx. 3 crores
been assumed accordingly absence of Indian products by
Expand to new products
Since our idea doesn’t cater to bar Palmolive in this space. Assuming Financials and calculations in the excel attached:
further down the line with
soaps, CAGR has been assumed captured market share of 0.3 and
established brand awareness
same as overall 0.5% in the last two years Team Name: Muskurate Mandevians (MDI Gurgaon)