Originally posted by: TheekThaak
Though this is a different debate altogether but just because. I really don't think it is about who the market leaders in this segment as a whole are, but what section of customers is 82°E targetting at. The whole skin care segment can be seperated into multiple sections with all of them having a good enough customer base wherein established brands can comfortably sustain.
A lot of people in India still pick up brands such as Nivea, Biotique, Neutrogena etc as their staple products and they are easily found in many Indian households. Moving on to a little bit on the expensive side, many Korean brands and ones like Body shop are still seen as the high-end ones, though are kind of mid-range. But the thing is this brand ain't even targeting this segment who is actually a bit gullible and star-struck and trying hard to get into the groove of skin-care routines.
The ones she is targeting at are the customers of really high end brands whose demand is not quite elastic as they would like to stick to their usual brands. Even if these products are tried once or twice, chances of them going back to the already well established ones are really high and it is extremely difficult to break into this market, if this brand manages to do that, then kudos as it would require some serious marketing chops and true quality to sustain but as far as I can gauge, the brand value of such products takes years to build.
This!! very much this! u summed up my thoughts very well..😆
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