vi-john_ a little-known desi brand

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 FOLLOW ET: Log In / Join Black money Worked in US? I-T dept would like to know your a/c info  Anyone who's worked in the US and opened a 401k account may need to inform the tax authorities or face harsh penalties under the black money law. Not just Swiss banks, eye on domestic black money too Difficult declaration terms make black money law a Catch-22 choice  i SPOTLIGHT Brand Equity PLATINUM SPONSORS GOLD SPONSORS You are here: ET Home  Magazines  Brand Equity SENSEX 27,687.72  -483.97 NIFTY 8,363.05  -147.75 GOLD (MCX) (Rs/10g.) 26,209.00  177.00 USD/INR 63.59  0.18 MARKET DASHBOARD By Rajiv Singh, ET Bureau | 8 Jul, 2015, 05.19AM IST  3 comments |  Post a Comment Vi-John's volume market share in India stood at 29.2 per cent in May, over three times that of Dettol, almost four times that of  Axe and over seven times that of Gillette . 927.60 BSE 4.00(0.43%) Vol: 320573 shares traded 927.65 NSE 3.30(0.36%) Vol: 1791889 shares traded Hindustan Unilever Ltd. Prices | Financials | Company Info | Reports ET SPECIAL:  Love visual aspect of news? Enjoy this exclusive slideshows treat ! Vi-John: A little-known desi brand emerges as a leader with a foreign- sounding name READ MORE ON » Vimal Pande | Unilever  | Shah Rukh Khan | Harish Bijoor Dapper, with not a hair out of place, Vimal Pande is perhaps an ideal brand ambassador for a company of  which he is also the CEO. For the past decade, he's been a loyal user of 'Cobra' deodorant, 'Splash' after-shave, '22 degree' talcum powder, even 'BoroShield' antiseptic cream, all brands of the littleknown Delhi- based personal care firm, Vi-John. He's also one of thousands of consumers who annually consume almost 45 lakh kg of Vi- John's shaving cream, in the process making it the largest label in this category. It'a also a category that's c onspicuous by the presence of a clutch of multinational brands from Axe (Hindustan Unilever BSE 0.43 % ) and Dettol (Reckitt Benckiser) to Old Spice and Gillette (Procter & Gamble). "In shaving cream, we are much bigger than Gillette in India, both in volume and value," asserts 52-year-old Pande. And if being ahead of a global leader isn't enough, he goes on to make another claim. "In fact, we are the largest selling shaving cream brand in the world."  According to the latest Nielsen MAT data sourced from industry officials, Vi-John's volume market share in India stood at 29.2 per cent in May, over three times that of Dettol, almost four times that of Axe and over seven times that of Gillette. You, Sudhir Patel  and 3,245,906 others like this. Share CREATE PORTFOLIO 28 Search for News, Stock Quotes & NAV's 04:05 PM | 08 JUL MARKET STATS EOD H om e Mag azi n es Pan ache ET Wea lt h Bran d Equi ty Corporate D os s ie r ET Mag azine Travel Indiatimes The Times of I ndia  The Economic T imes  More  HDFC MF sells 2.01% stake in Procter & Gamble for Rs 429 crore » Read more

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Vi-John_ a Little-known Desi Brand Emerges as a Leader

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  • 7/8/2015 ViJohn:AlittleknowndesibrandemergesasaleaderwithaforeignsoundingnameTheEconomicTimes

    http://economictimes.indiatimes.com/magazines/brandequity/vijohnalittleknowndesibrandemergesasaleaderwithaforeignsoundingname/articlesh 1/5

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    ViJohn'svolumemarketshareinIndiastoodat29.2percentinMay,overthreetimesthatofDettol,almostfourtimesthatofAxeandoverseventimesthatofGillette.

    927.60BSE

    4.00(0.43%)Vol:320573sharestraded

    927.65NSE

    3.30(0.36%)Vol:1791889sharestraded

    HindustanUnileverLtd.

    Prices | Financials | CompanyInfo | Reports

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    ViJohn:AlittleknowndesibrandemergesasaleaderwithaforeignsoundingnameREADMOREONVimalPande|Unilever|ShahRukhKhan|HarishBijoor

    Dapper,withnotahairoutofplace,VimalPandeisperhapsanidealbrandambassadorforacompanyofwhichheisalsotheCEO.Forthepastdecade,he'sbeenaloyaluserof'Cobra'deodorant,'Splash'aftershave,'22degree'talcumpowder,even'BoroShield'antisepticcream,allbrandsofthelittleknownDelhibasedpersonalcarefirm,ViJohn.He'salsooneofthousandsofconsumerswhoannuallyconsumealmost45lakhkgofViJohn'sshavingcream,intheprocessmakingitthelargestlabelinthiscategory.It'aalsoacategorythat'sconspicuousbythepresenceofaclutchofmultinationalbrandsfromAxe(HindustanUnileverBSE0.43% )andDettol(ReckittBenckiser)toOldSpiceandGillette(Procter&Gamble).

    "Inshavingcream,wearemuchbiggerthanGilletteinIndia,bothinvolumeandvalue,"asserts52yearoldPande.Andifbeingaheadofagloballeaderisn'tenough,hegoesontomakeanotherclaim."Infact,wearethelargestsellingshavingcreambrandintheworld."

    AccordingtothelatestNielsenMATdatasourcedfromindustryofficials,ViJohn'svolumemarketshareinIndiastoodat29.2percentinMay,overthreetimesthatofDettol,almostfourtimesthatofAxeandoverseventimesthatofGillette.

    You,SudhirPateland3,245,906otherslikethis.

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  • 7/8/2015 ViJohn:AlittleknowndesibrandemergesasaleaderwithaforeignsoundingnameTheEconomicTimes

    http://economictimes.indiatimes.com/magazines/brandequity/vijohnalittleknowndesibrandemergesasaleaderwithaforeignsoundingname/articlesh 2/5

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    "Evenifyouputthenextfourbrandstogether,theywon'tbeabletomatchourvolumeandvalueshareinIndia,"affirmsPande,addingthatthebiggestplusforthebrandhasbeenits'affordability'tag.ViJohnisavailableacross2.5lakhretailoutletsandatover1millionothertradingchannelsacrossthecountry.Thebrandmakesover15lakhshavingcreampackseverymonth,saysPande.

    AnemailsenttoHULandReckittBenckiserdidnotelicitanyresponse.

    WhattheMNCsloseinvolume,though,isbeingpartiallymadeupinvalue.Consider:Gillette's3.9percentvolumegivesitaclosetodoublevalueshareof7percentAxe7.4percentvolumeconvertsinto12.9percentvalueshare.It'sonlyinViJohn'scasethatitsvalueshareislessthanthevolumeshare.Pandegrudginglyacknowledgestheproblem."WearequitevisibleonTV.Butourprofitabilityisnotashighasothers."

    EvenasViJohncontinueswithitsaggressiveintenttofurtherwidenitsvolumeleadoveritsrivals,thepricewarriorhasstartedworkingonastrategytomatchitsvolumegrowthwithvalue."Whilethestrategytillnowwastoscalefirstandreachasoundscale,nowtheplanistoconvertvolumeintovalue.Sonowwewillgoinforthekill,"assertsPande.

    Thecompanyismakingimprovementsinpackaging,qualityandmoreimportantlypricing,whichwouldbecrucialtopushitaheadinthevaluetrajectory.Whilein2011,its125gramshavingcreampackwasavailableforRs20,itnowcostsRs35.

    WhathasworkedbrilliantlyforViJohnhasbeentheendorsementbyShahRukhKhan.Celebrityendorsementshasplayedasignificantroleinbrandawareness,helpingitmakearapidtransitionfromabusinesstobusinessbrandtoabusinesstoconsumerbrand,explainsAbrahamKoshy,professorofmarketingatIIMAhmedabad."Haditnotbeenforthecelebrityendorsement,thebrandcouldnothavepulleditthrough."

    However,themostdiscerningelementofthestrategythathasworkedinthefavourofthebrandisthechoiceoftargetsegment.WhilebrandslikeGillettearetargetedatthehigherendofthemarket,ViJohnhaschosentotargetthemasssegment."Thisisanintelligentchoiceasthismarkethasbeenwaitingforabrandrelevanttoit,"addsKoshy.

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  • 7/8/2015 ViJohn:AlittleknowndesibrandemergesasaleaderwithaforeignsoundingnameTheEconomicTimes

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    However,convertingvolumeintovalueatafasterclipwon'tbeeasy.It'sabrandgame,whichhastobeplayedwithfinesse,saysbrandstrategistHarishBijoor."Onecelebritywillnotturnthetideforit.Therearealotmorebrandparametersthatneedtobeaddressedandtweaked."

    ThebiggestproblemforViJohn,accordingtoBijoor,isthatithasnotinvestedinbranding."Theproducthasworked,thebrandhasnot.Notyet.What'smissingisbrandimagery.Anditneedstoearnitfast."Oui,John?

    StayontopofbusinessnewswithTheEconomicTimesApp.DownloaditNow!

    READMOREONVimalPande|Unilever|ShahRukhKhan|HarishBijoor

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  • 7/8/2015 ViJohn:AlittleknowndesibrandemergesasaleaderwithaforeignsoundingnameTheEconomicTimes

    http://economictimes.indiatimes.com/magazines/brandequity/vijohnalittleknowndesibrandemergesasaleaderwithaforeignsoundingname/articlesh 4/5

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    rightlypointed...imageisnotyetpresentforViJohn..theynowhavetoscaleupandimprovebranding,cleverly.

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  • 7/8/2015 ViJohn:AlittleknowndesibrandemergesasaleaderwithaforeignsoundingnameTheEconomicTimes

    http://economictimes.indiatimes.com/magazines/brandequity/vijohnalittleknowndesibrandemergesasaleaderwithaforeignsoundingname/articlesh 5/5

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