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Monopolistic Competition IN INDIA: Hindustan Unilever Limited (HUL)
Monopolistic Competition IN INDIA: Hindustan Unilever Limited (HUL)
3
Life Cycle of Surf
Excel:
Life cycle of a product is divided
into 4 stages:
Introduction
Growth
Maturity
Decline 4
Product Life Cycle:
5
HUL Detergent
Market:
Captured the Indian Detergent Market in 1957 with “SURF” and
maintained monopoly until Nirma’s entry in 1980.
Selling Cost.
Product Differentiation.
Absence of Interdependence.
• In rural area, there is a growing demand for • Losing top position in the market share of
luxury and mid-priced products. detergent to Rohit Surfactants Pvt. Ltd.
(RSPL).
• Nirma’s demise will aid them in regaining
market share.
9
HUL’s Major Competitors
Detergents Soaps
10
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