Business Daily from THE HINDU group of publications Thursday, Jun 14, 2007 ePaper |
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Marketing
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New Products & Services Web Extras - Personal Products Godrej Consumer launches FairGlow face wash Debdatta Das
New Delhi June 13 Godrej Consumer Products Ltd (GPCL), manufacturers and marketers of the FairGlow brand of fairness soaps, said that it has forayed into the fairness face wash category, under the FairGlow brand name. "We have just forayed into the fairness face wash category, having tasted success with our FairGlow brand of fairness soaps," said Mr Dr Rakesh K. Sinha, Chief Operating Officer, Operations and Marketing, GPCL. "Venturing into the fairness face wash category and not the cream category was a conscious decision, since it's a well-known fact that its fairness creams find it difficult to enter the skin, thereby not being able to provide quick results. "However, due to the presence of an active ingredient in face washes, the product works much better as it penetrates the skin more effectively," he added. The face wash, priced at Rs 29 for a 50 ml pack and Rs 55 for a 100 ml pack will not be an entirely mass oriented product. "Though the product is very competitively priced, face wash as a segment is still restricted to the metros and tier 1 cities. We thereby intend to roll out the product in only those select markets," said Dr Sinha.
Marketing strategies
On the company's advertising and marketing strategies to market the product, Dr Sinha said the focus would be on the point of purchase marketing and promotions.
"Last year we spent Rs 6 crore to market our FairGlow soap brand. However this year, with the new addition to the FairGlow brand with the face wash, we intend to have a total ad budget of Rs 8 crore," Dr Sinha said. "We hope that the face wash will add around Rs 20 crore in revenue to the FairGlow brand in the next two years," he added.
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