Brand : Herbs & Berries
Company : Hindustan Lifecare Ltd
Brand Analysis Count : # 509
Herbs & Berries is an interesting brand where HLL partners with a highly respected traditional ayurvedic company - Kottakkal Arya Vaidya Sala to develop this brand. In this arrangement, the Arya Vaidya Sala develops the products which are marketed by Hindustan Lifecare Ltd. HLL has strong distribution capabilities which will be utilized for Herbs & Berries. The co-branding with AVS will add credibility to the drug.
Company : Hindustan Lifecare Ltd
Brand Analysis Count : # 509
Herbs & Berries is Hindustan Lifecare Ltd ( makers of Moods Condoms) foray into the Ayurvedic OTC market in India. Indian OTC market is huge worth around Rs 15,000 crore ( including both ayurvedic and allopathic drugs). Ayurvedic OTC products are growing at around 15-20% per annum. But the market is highly competitive. Since the regulatory framework for herbal and ayurvedic products are less stringent compared to modern medicine, there is a huge rush of local players into this segment. A visit to the local ayurvedic drug store will awe you with the type and number of OTC products displayed. Most of these products seldom survive a financial year. The brand was launched in 2009 but began to make noise only in 2011.
Herbs & Berries is an interesting brand where HLL partners with a highly respected traditional ayurvedic company - Kottakkal Arya Vaidya Sala to develop this brand. In this arrangement, the Arya Vaidya Sala develops the products which are marketed by Hindustan Lifecare Ltd. HLL has strong distribution capabilities which will be utilized for Herbs & Berries. The co-branding with AVS will add credibility to the drug.But HLL is a reluctant marketer which is reflected in the marketing of this brand also.The visibility of the brand is limited so is distribution. The brand is currently promoting Hair Nourishing oil and Pain management balm.
Another interesting fact is that Herbs & Berries shares the brand name with another Austrian company. I wonder why HLL did not care to do a google search before finalizing the name. The Austrian brand is Herbs'N'Berries and this can lead to trademark issues if at all HLL decide to take this brand international.
What I like about Herbs & Berries is the brand name ( although shared) . The name is very modern and more of a herbal brand rather than ayurvedic brand which will help attract young consumers.But the brand needs to stand out from the rest with a proper brand architecture. So far there is no brand communication with regard to the parent brand which is a big marketing mistake. Hope that HLL will seriously invest in this brand.
0 comments:
Post a Comment