Preview

Synopsis on Fmcg Goods

Powerful Essays
Open Document
Open Document
1146 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Synopsis on Fmcg Goods
SYNOPSIS -

Study Of
Consumer Oriented
Sales Promotion in FMCG
(HUL - Hindustan Unilever)

Made by: Shiva Purswani

INTRODUCTION

Now a days most of the FMCG companies are considering sales promotion as an important part of their marketing strategy. From the analysis of survey it becomes clear that consumers do response to the sales promotion campaign, but there are customers who strongly prefer to stick to brand name.
The term FMCG (fast moving consumer goods), although popular and frequently used does not have a standard definition and is generally used in India to refer to products of everyday use. Conceptually, however, the term refers to relatively fast moving items that are used directly by the consumer. Thus, a significant gap exists between the general use and the conceptual meaning of the term FMCG.
Further, difficulties crop up when attempts to devise a definition for FMCG. The problem arises because the concept has a retail orientation and distinguishes between consumer products on the basis of how quickly they move at the retailer's shelves. The root question therefore, is what industry turnaround threshold should be for the item to qualify as an FMCG

HUL Hindustan Unilever
HUL works to create a better future every day and helps people feel good, look good and get more out of life with brands and services that are good for them and good for others.
With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India. Its portfolio includes leading household brands such as Lux, Lifebuoy,

You May Also Find These Documents Helpful

  • Good Essays

    UNIT 9 P1-P3

    • 4703 Words
    • 16 Pages

    Sales promotions are often aimed at the consumer. A sales promotion is for example a buy one-get one for free deal. Business’s use this kind of promotion to have a higher volume of sales, within a defined period of time. However, every sales promotion should be carefully costed by the marketing department, to ensure the investment has returned good sales and profit.…

    • 4703 Words
    • 16 Pages
    Good Essays
  • Good Essays

    In today business, by just having a good varieties of product is not sufficient to accomplished great result. There is no use by having a very good product when no one knows about them. This is when promotion comes in, to describe any activity by a business for informing, influencing and persuading customers. In a nutshell, promotion is all about companies communicating with customer. In total there are four key elements in the promotional mix which is advertising, personnel selling, sales promotion and public relations tools. No matter how good a strategy or a plan is perform; advantage and disadvantage are surely to exist. The main purpose of conducting this literature review is to precisely identify the advantages and disadvantages of the four elements.…

    • 976 Words
    • 3 Pages
    Good Essays
  • Best Essays

    In recent years, sales promotion tactics are extensively used to achieve different marketing targets. The aim of this project is to analyze the effectiveness of premiums promotion, limited-time discount and loyalty card promotion according to the marketing targets in the first three phases of product life cycle, which can help companies maximize the effects of sales promotion. The specific marketing targets in the first three stages of product life cycle are discussed and the effective sales promotion tactics are analyzed, based on a rich literature about sales promotion. The potential risks in the implementation process need to be taken into account and the possible solutions are proposed to help companies reduce the unnecessary losses. This may be of interest to marketers, which intend to enhance the competitiveness of companies.…

    • 3347 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Reckitt Benckiser is the world’s No.1 Company in household cleaning products, (excluding laundry detergents) and a leading player in health and personal care. Reckitt Benckiser truly a global company with a consumer-oriented vision, operations in 60 countries, sales in 180 countries and net revenues in excess of £3 billion/$4.2 billion…

    • 941 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    The importance of packaging design as a vehicle for communication and branding is growing in competitive markets for packaged FMCG products. This research utilized a focus group methodology to understand consumer behavior toward such products. The challenge for researchers is to integrate packaging into an effective purchasing decision model, by…

    • 1376 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Basically, promotion is first introduced in the 4Ps of marketing. The four Ps represents the marketing mix (Product, Price, Place & Promotion) and the promotional mix is the important term used to explain the set of tools of the business. This is applied to achieve benefit of its products and services from its consumer and the followings are (Advertising, Public relation, Direct marketing, Personal selling and Sales promotion). Basically sales promotions strategies used as a short-term technique tool which principal objective is to influence the ultimate buyers to try a brand or change their mind to another brand. Does consumption respond to promotion? Many studies have focused on the effects of promotion on brand switching, purchase quantity, and stockpiling and have documented that promotion makes consumers switch brands and purchase earlier or more. The consumers‘ consumption decision has long been ignored, and it remains unclear how promotion affects consumption (Blattberg et al. 1995) Wansink and Deshpande (1994) show that when the product is perceived as widely substitutable, consumers will consume more of it in place of its close substitutes. They also show that higher perishability increases consumption rates. Throughout the world, consumer sales promotions are an integral part of the marketing mix for many consumer products. Marketing managers use price-oriented promotions such as coupons, rebates, and price discounts to increase sales and market share, entice trial, and encourage brand switching. Non-price promotions such as sweepstakes, frequent user clubs, and premiums add excitement and value to brands and may encourage brand loyalty (e.g., Aaker 1991; Shea, 1996). A large body of literature has examined consumer response to sales promotions, most notably coupons (e.g.. Sawyer and Dickson, 1984; Bawa and Shoemaker, 1987 and 1989; Gupta, 1988;…

    • 2987 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Report on NMB

    • 8099 Words
    • 33 Pages

    Tribhuvan University, Faculty of Management (FOM) commenced Bachelors of Business Administration (BBA) program as a distinct approach of attaining both theoretical knowledge and practical exposure. This university is the oldest university in Nepal and since its establishment it has been providing excellent education to the students. It provides a wide range of streams in the educational sector among which management education holds a major position. It introduced the Bachelor in Business Administration (BBA) program in the year 2001/02 with an objective of producing middle level managerial professionals. It has designed the BBA course in such a way that the students are facilitated to know the real business situations in the global context.…

    • 8099 Words
    • 33 Pages
    Powerful Essays
  • Powerful Essays

    Micromax Case Study

    • 3547 Words
    • 12 Pages

    Micromax (Micromax Informatics Limited) is one of the leading consumer Electronics Company in India. It is a non-listed private limited company headquartered at Gurgaon, Haryana. The company is in the business of manufacturing Mobile Telephones, Data-Cards, Tablets, and LED Televisions. But in our study, we will be focusing mainly on the mobile handset business.…

    • 3547 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    CONTENTS Serial No. Chapter Pg. No. 1. INTRODUCTION 2.…

    • 7226 Words
    • 29 Pages
    Powerful Essays
  • Better Essays

    The Fast Moving Consumer Goods (FMCG) industry is one among the fast growing industries with consumers everywhere. Fast Moving consumer goods or consumer packaged goods are products that are sold quickly at relatively low cost. Though the absolute profit made on FMCG products is relatively small, they are generally sold in large quantities, and so the cumulative profit on such products can be substantial.…

    • 771 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Ca on Lifebouy N Sunsilk

    • 869 Words
    • 4 Pages

    1.HUL's success in India was due to its ability to cater to all segments by adapting products, prices, and promotion (Marketing Mix) to each of them.…

    • 869 Words
    • 4 Pages
    Good Essays
  • Good Essays

    I, Ramandeep Singh, student of Bacholar of Business Administration from IITM, D-29, Industrial Area, Janakpuri, New Delhi hereby declare that I have completed Report on “Customer Preference & Brand Relationship for FMCG Products” as part of the course requirement.…

    • 18084 Words
    • 73 Pages
    Good Essays
  • Good Essays

    Sunsilk Research

    • 8780 Words
    • 36 Pages

    Understanding perceptions of channel members and consumers regarding sales promotion activities enhances the effectiveness of these activities. Widespread usage of sales promotion activities in Fast Moving Consumer Goods (FMCG) sector makes it imperative that manufacturers take into account channel member and consumer perceptions before planning such programmes. In this paper, an attempt has been made to examine the nature of sales promotion activities in Sunsilk Shampoo category in Bhilai City, study retailers & wholesalers and wholesaler perceptions with respect to these activities and also get an insight into consumer perceptions of these activities. Our findings indicate that with respect to the nature of the schemes, premiums (free gifts) were found to be the most frequently used in both premium and popular Sunsilk Shampoo category, followed by price offs.…

    • 8780 Words
    • 36 Pages
    Good Essays
  • Powerful Essays

    Hindustan Unilever Limited (‘HUL’), formerly Hindustan Lever Limited (it was renamed in late June 2007 as HUL), is India 's largest Fast Moving Consumer Goods (FMCG) company, touching the lives of two out of three Indians with over 20 distinct categories in Home & Personal Care Products and Foods & Beverages. These products endow the company with a scale of combined volumes of about 4 million tonnes and sales of…

    • 6769 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Lifebuoy Strategy

    • 1492 Words
    • 6 Pages

    Read on ................................... personal wash brand. It has been around since 1895. It has always stood for health and hygiene, delivered through germ protection. The ruby red colour soap, with its distinct odour, has carried the Lifebuoy message of health across the length and breadth of the country, making it the largest selling soap brand, not only in India, but anywhere in the world. The name ‘Lifebuoy’ is supposed to convey the promise of a healthy family, and not just an individual.”…

    • 1492 Words
    • 6 Pages
    Good Essays

Related Topics