Mamaearth: A digital first brand venturing offline

Swati Soni, Devika Trehan, Varun Chotia, Mohit Srivastava

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In 2016, what began as a quest to find safe baby care products for the first-time parents Varun and Ghazal, turned into an entrepreneurial opportunity. The couple started Honasa Consumer Private Limited at Gurugram, which owned the brand Mamaearth. Conceived as a D2C brand for mothers opposed to harsh baby care products, it debuted with just six baby care products with exclusive online availability. For the brand to grow, it recreated the marketing mix to be perceived as a brand for all ages. The step successfully garnered a customer base of over 1.5 million consumers in 500 cities and a valuation of INR 1bn within four years of operations. In February 2021, Mamaearth became a brand with INR 5bn annualized revenue run rate and aspired to double it to INR 10bn by 2023. Though Mamaearth debuted as a D2C brand, after tapping around 10,000 retail stores, the Alaghs realized that many consumers still preferred transacting in the offline space. Alaghs decided to expand by acquiring a robust offline space in 100 smart cities in India. Would it be wise for Mamaearth to take forward their offline expansion plans? Alternatively, would an aggressive product innovation coupled with a more substantial online presence be a more sustainable proposition?

Subjek

ONLINE MARKETING
DIGITAL MARKETING,

Katalog

Mamaearth: A digital first brand venturing offline
ISSN: 2045-0621
21p.: pdf file.; 1,7 MB
English

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Pengarang

Swati Soni, Devika Trehan, Varun Chotia, Mohit Srivastava
Perorangan
 
 

Penerbit

Emerald Publishing Limited
New York
2024

Koleksi

Kompetensi

 

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