MxMIndia

Tag: Marico Ltd

  • Urges consumers to take a 'Roz Ka Healthy Step'

    Saffola Gold launches ‘Power of 3’ ad

    Saffola oil has launched a new ad film introducing the ‘Power of 3’ in its Saffola Gold Oil formulation. Conceptualised by Mullen Lintas, the TVC aims to promote the “adoption of better practices and a healthier lifestyle”.

    Speaking about the campaign, Marico Ltd CMO Somasree Bose Awasthi said: “As a health-centric legacy brand, we’ve always prioritized consumer health. We are committed to educating them on the effectiveness of building lasting habits for healthier living including a balanced diet and an active lifestyle. The new ad reflects the brand promise and commitment towards the well-being of its consumers by encouraging them to take “Roz Ka Healthy Step” and the unique sonic identity brings with it a fresh promise of care and nurturance.”

    Echoing his thoughts, Mullen Lintas CCO Ram Cobain added: “In today’s fast-paced, high-pressure world, success often comes at a price, Our health. Young people are falling prey to conditions that were once seen as afflictions of old age. Our creative idea was to land this serious insight with a ‘lightness’ of touch, pretty much like how the oil is. Truth is, while there are many external stressors beyond our control, the one big step we can own (and take) to mitigate risk, is the small one of choosing the right cooking oil. And if good health is made mostly in the kitchen and not in the gym, then the tastiest way to get healthier is with Saffola Gold.”

  • Ropes in TV celebrities for a Karara Jawaab moment

    Marico Saffola Masala Oats partners with Zee5

    By Our Staff

     

    Marico Limited’s Saffola Masala Oats has announced its exciting new ‘Munchy Cravings Ka Karara Jawaab’ campaign to promote its Karara Crunch variant. The latest campaign in association with Zee5 revolves around TV celebrities and their ‘Karara Jawaabs’. The campaign features TV female leads Shweta Tiwari from Main Hoon Aparajita, Aishwarya Khare from Bhagya Lakshmi, Aditi Sharma from Rab Se Hai Dua, Ashi Singh from Meet and Twinkle Vasisth from Kundali Bhagya.

     

    The collaboration will see all 5 leading ladies go live with their dynamic video bytes that will be featured on the ZEE5’s – ‘latest and Free Shows’ playlist through in-app integrations.

     

    Gaurav Kanwal, Chief Revenue Officer – ZEE5, South Asia said: “We are happy to partner with Saffola Masala Oats for this new campaign ‘Munchy Cravings Ka Karara Jawaab’ and devise a full funnel marketing strategy across categories. With a content first approach and a strong presence across 190+ countries, it has been our endeavour to enable brands build a stronger presence and drive impact across markets. The team at ZEE5/Zee Brand Works has created a series of fun and engaging content with the leading television stars for the campaign.  We will continue to evolve and innovate to provide our clientele with cutting-edge opportunities to build brand saliency and consumer engagement.”

     

    Added Sanjay Mishra, COO- India & CEO – New Business, Marico Ltd: “We are absolutely ecstatic to partner with ZEE5 and bring to our consumers a campaign with witty answers and a wholesome snacking experience. Through this collaboration, we aim to reach a wider audience and appeal to them with the irresistible crunch of our Karara Crunch range while delivering quirky content. The partnership between Saffola Masala Oats Karara Crunch and ZEE5 is a testament to both the brand’s commitment to enhance consumer experiences and ensure that every snacking moment becomes a delightful experience.”

     

  • To celebrate World Bee Day

    Marico Saffola Honey unveils new campaign

    By Our Staff

     

    This World Bee Day (May 20), Marico Limited’s Saffola Honey brands, launched the #BEE-llionaire campaign.  The campaign aimed to educate consumers and raise awareness on the importance of pollinators and the crucial role that bees play in our lives.

     

    Commenting on the new digital campaign, Sanjay Mishra, COO-India & CEO – New Business– Marico Ltd, said: “Saffola, the Masterbrand is known for its purpose and innovation and this Saffola Honey campaign is yet another instance of our commitment to make a difference. The central idea of the #Bee-llionaire campaign is to raise awareness about the importance of bees and their role in maintaining a healthy ecosystem. Through this fun and educational campaign, we want to encourage our consumers to do their little bit towards environment. We believe that every little action counts, and together we can make a big difference. On this special day, let us come together and be grateful to bees for their invaluable contribution to our world.”

     

  • Sameer plans to continue as CMO of the Company until 15th September, 2015 to facilitate a seamless transition to his successor

    Anuradha Aggarwal to replace Sameer Satpathy as Marico CMO

    By A Correspondent

     

    Marico Limited announced that Sameer Satpathy has resigned from his position as the Chief Marketing Officer to pursue opportunities outside Marico. Sameer plans to continue as CMO of the Company until 15th September, 2015 to facilitate a seamless transition to his successor. The company will appoint Anuradha Aggarwal as the Chief Marketing Officer with effect from August 24th, 2015.

     

    Saugata Gupta, MD and CEO, Marico Ltd. said, “Sameer has been a valued member and an integral part of Marico’s growth and transformative journey for the past decade. He has significantly contributed in building the Marico of the future; and played a key role in shaping the Marico marketing organization as it exists today.

     

    We have a strong marketing team and I am confident that Anuradha will successfully take over the baton from Sameer. Anuradha brings a wealth of experience to the role, with her understanding of the consumer business and her knowledge of marketing to the new-age consumer and we look forward to her valuable contribution in strengthening this team and taking Marico to newer heights”.

     

    Anuradha is a marketing veteran who has 18 years of experience across diverse consumer businesses. Anuradha has worked with organizations like Hindustan Unilever for the first 12 years of her career, followed by Vodafone and most recently with Mondelez. In her previous role, Anuradha was Director Innovations, Biscuits Category for Mondelez Asia Pacific.

     

    Anuradha holds a Post Graduate Degree in Business Administration from IIM, Bangalore and a bachelor’s degree in Economics from Sri Ram College of Commerce, Delhi University.

     

    Anuradha started her career at Unilever where she worked for 12 years, across sales, marketing and general management functions, managing local and global brands and businesses across India and South Asia. She was at the helm of many iconic brand transformation projects including the migration of Surf, the success story of Dove hair care, relaunch of Vaseline and the re-ignition of the largest shampoo brand in India – Clinic Plus.  Post Unilever, Anuradha she was Senior Vice President – Brand Communication and Consumer Insights with Vodafone India for 4 years.

     

  • Analysts expect all leading FMCG companies to post strong results in the fourth quarter ended March and maintain their margins in the current fiscal

    FMCG players upbeat after Q4 sales boom

    By Ratna Bhushan & Sagar Malviya

     

    Consumer goods companies and retailers expect a spurt in demand this fiscal, buoyed by indications of better-than-expected earnings in the January-March quarter backed by a revival in consumer sentiment.

     

    Analysts expect all leading FMCG companies to post strong results in the fourth quarter ended March and maintain their margins in the current fiscal, even as gung-ho investors have pushed shares of most companies to their 52-week high on the Bombay Stock Exchange this month.

     

    “The last two quarters seem to have stabilised in terms of consumption though there have been price hikes,” said A Mahendran, MD, Godrej Consumer Products. The maker of Cinthol soap and Good Knight mosquito repellant expects its fourth quarter earnings to be better than analyst forecasts of 16-22 per cent increase in revenues.

     

    Growth in FMCG product sales signals revival of consumer sentiment over 2011 when market growth slipped to 8 per cent from 12 per cent the previous year.

     

    Companies now look to ride on high-margin products, rural demand and innovations to maintain the growth momentum without taking a hit on their margins.

     

    NO DOWN TRADING

    They are buoyed by the fact that there is no significant indication of down trading, or the trend of switching to a cheaper brand due to price increase, by consumers despite 5-10 per cent increase in prices of daily use items like soap, toothpaste and hair oil. “We have not seen downtrading,” Anand Burman, chairman of Dabur India, which makes Vatika shampoo and Amla hair oils, said. He added that a combination of rural consumption and growth from mass-priced products in urban markets were triggering demand for Dabur’s hair care and oral care products.

     

    But Harsh Mariwala, chairman and MD of Marico Ltd, which makes Parachute hair oil and Saffola edible oils, warned that margins may remain under pressure. “We expect healthy top line in continuation of the previous quarter…in terms of bottom line though, margin pressures will remain because of fluctuating raw material costs and complex global cycles,” he said.

     

    Prices of menthol have shot up 40 per cent over the past two months, while palm oil prices have surged 10 per cent in the last one month. But analysts expect margin pressure to ease with innovation gaining centrestage. Then companies will gradually increase their advertising and marketing expenditure, Edelweiss Financial Services research analyst Abneesh Roy said. “We expect margins to begin slow northward trajectory in the coming months as raw material prices cool off and rupee depreciation reverses,” Roy wrote in a report early this month.

     

    APRIL BOOM

    The country’s top retailer says that retail sales have picked up speed in the past two weeks and expects healthy demand to continue in the next two quarters. “While the January-March quarter was good and grew better than the same period last year with most retail segments growing by high single digits, we are seeing an upsurge in sales in the last two weeks across all formats,” Kishore Biyani, chairman of the country’s largest organised retailer Future Group, said.

     

    He said there is an upsurge in sales of even consumer durables April onwards, adding that Pantaloon, Big Bazaar and Home Town have witnessed high double-digit growth. Apparel, toys and footwear retailer Lifestyle International’s MD Kabir Lumba said its sales grew the most in the fourth quarter. “We have seen a lift from the lower trading conditions of September to November. While we grew 22 per cent overall last year, the fourth quarter grew faster,” he said.

     

    DURABLES STRUGGLE

    Makers of home appliances such as fridges and ACs are, meanwhile, reeling under the double whammy of late summer as well as price hikes. AC sales were down by 30-35 per cent year-on-year during the quarter, while there has been a marginal 3-5 per cent growth for refrigerators. “The overall market is down due to sluggish sales of cooling products. Temperatures are yet to rise to induce AC purchases, while the price increase for input cost and excise too have been a big dampener,” Kamal Nandi, VP (sales and marketing) at Godrej Appliances, said.

     

    Prices of products have gone up by 10-15 per cent due to input cost hikes, upgradation in star ratings for energy labelling and increase in excise duties in the Budget.

     

    While consumer sentiments had improved during the Republic Day period in January due to aggressive discounts and promotions by retailers, sales were muted in February and March. Whirlpool VP (corporate affairs and strategy) Shantanu DasGupta, however, said the new fiscal year has started in positive note. “April has started off okay, but it is early days yet,” he said.

     

    “Individual companies may be growing, but that’s not due to demand. Instead, it’s led by innovation in new launches and distribution gains,” Mr DasGupta added. Electronic firms are now betting more on LCD and LED televisions, washing machines and microwave ovens for growth.

     

    “Flat panel televisions continue growth momentum since this category did not see any significant price changes this year,” Samsung VP (audio-visual business) Raj Kumar Rishi said. Samsung expects sales of summer products like AC and refrigerators to gather momentum in the second quarter.

     

    (With inputs from Writankar Mukherjee and Sarah Jacob)
    Source: The Economic Times

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