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Product & Brand Management IIM Ranchi Group No 13

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Topic: Brand Ambassador


Group 13
Jagriti Kashyap
Shilpa Tandon
Shubhangi Dhokane
Sumeet Yadav

M025-15
M049-15
M052-15
M056-15

Product & Brand


Management

About Patanjali

Established in 2006 as Patanjali Ayurved

Headquarters: Delhi

Plants: Haridwar and Nepal

Sourcing of herbs from Himalayas of Nepal

Acharya Balakrishna owns 94% of company

500 products including 45 cosmetics and 30 food

Available at 15000 exclusive shops and 1.5 lakhs retail


outlets

Divya Pharmacy for selling Ayurvedic medicines

FY 16 Revenues: Rs. 5000 Crores, Profit: Rs. 786 Crores

Target FY17: Revenues: Rs. 10,000 Crores larger than


Nestle, Colgate, Dabur, Emami, Marico

Baba Ramdev-Brand Ambassador

Baba Ramdev is a yoga teacher known for his work


inAyurveda, business,politicsandagriculture. A veteran
of Yoga: has been associated with health and fitness for
long

The epithet He came, He saw, He conquered is


supposed to be rightly described as the arrival of Baba
and his infectious popularization among the masses.

His journey didnt stop with his Brand of Yoga, when big
business houses were struggling to launch and operate
Branded Medical Stores, he was once again there bang
on launching his own Brand of Ayurvedic Medicine Stores
(Patanjali) all over India

Proposition Promoted by the Brand Ambassador

They are based on Vedic wisdom and consumers know the efficacy of ingredients used

There is an increasing awareness of benefits of using natural ingredients

Has an image of being a non-profit, unlike MNCs

Demonstrated knowledge of Ayurvedic and Vedic preparations, so has credibility

Consumers tired of re-launches want to try new products withdesifragrances likeMogra

Personality of Brand Ambassador

Baba Ramdev demeanor and physical appearance


with orange clothes and wooden sandals add to
the value and proposition the brand he supports

A veteran of Yoga: has been associated with


health and fitness for long

Baba Ramdev has a very high influence on digital


and broadcast media . He has 541k followers on
twitter, 5.7 million fans on Facebook

Promotion Platforms

Direct interaction with consumers through yoga


camps

He has a live audience ready to follow what he


preaches

Patanjali is promoted during yoga sessions


Sanskar and Aastha channel

Ensures that he is integrating brand & not doing


mere product placement.

Promotion Platforms

He has promoted Patanjali in reality shows like


Indias best Dramebaaz and Nach Baliye

Aggressive ad campaign on four major radio


networks for 15 days

Movie Yog Yatra was telecasted on national


television

Political Influence

He has good connections with politicians and


political parties

He is close to Indias ruling party

He has appeared several times with Mr.


Narendra Modi on public platforms

He approached Lalu Yadav and gave him a face


massage using Patanjali cream. It was
extensively covered by media

Public Behavior

Ramdev has been very cooperative with


media and has maintained good relationship
with them.

He takes advantage of opportunities:


e.g. Ban of Maggi noodles

He has issued statements like: Hamne ye


kaam vyapaar ke liye nahin, upkaar ke liye kiya hai.,
Consumerism is not our culture.

Baba Ramdev knows when to be in limelight and when to remain


dormant.

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What he does differently

Talks about issues affecting a common man like corruption by


corporates, exploitation of farmers

Virtues of using Indian made products and evils of MNCs

Brings value to the brand through his large number of Yoga followers
amassed over the last decade

Millions have benefitted from Yoga worldwide, which gives him high
credibility

Doesnt own even a single share in Patanjali, says company is doing


social work

No external Brand Ambassador

Reverse approach: Bring trust first, then build the brand around it

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The Patanjali Success story

THANK YOU
- BY GROUP 13

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