Introduction to Fmcg Industry

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  • Topic: Fast moving consumer goods, Unilever, Cosmetics
  • Pages : 21 (8879 words )
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  • Published : February 9, 2010
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Introduction Defining FMCG Industry Products which have a quick turnover, and relatively low cost are known as Fast Moving Consumer Goods (FMCG). FMCG products are those that get replaced within a year. Examples of FMCG generally include a wide range of frequently purchased consumer products such as toiletries, soap, cosmetics, tooth cleaning products, shaving products and detergents, as well as other non-durables such as glassware, bulbs, batteries, paper products, and plastic goods. FMCG may also include pharmaceuticals, consumer electronics, packaged food products, soft drinks, tissue paper, and chocolate bars. A subset of FMCGs are Fast Moving Consumer Electronics which include innovative electronic products such as mobile phones, MP3 players, digital cameras, GPS Systems and Laptops. These are replaced more frequently than other electronic products. White goods in FMCG refer to household electronic items such as Refrigerators, T.Vs, Music Systems, etc. In 2005, the Rs. 48,000-crore FMCG segment was one of the fast growing industries in India. According to the AC Nielsen India study, the industry grew 5.3% in value between 2004 and 2005. Creating a strong brand identity, leveraging new product categories and growing the customer base are core concerns for consumer product companies. Firms are looking to maximize profits and market share in a highly competitive environment that includes such challenges and risks as demanding customers, consolidation and global expansion. FMCG industry, alternatively called as CPG (Consumer packaged goods) industry primarily deals with the production, distribution and marketing of consumer packaged goods. The Fast Moving Consumer Goods (FMCG) are those consumables which are normally consumed by the consumers at a regular interval. Some of the prime activities of FMCG industry are selling, marketing, financing, purchasing, etc. The industry also engaged in operations, supply chain, production and general management. Leading FMCG companies all over the world

1. Alfred Dunhill Ltd
Alfred Dunhill, Ltd. is a British-based company, specializing in men's luxury leather goods, writing implements, lighters, timepieces, fragrances and clothing. The business was developed by Alfred Dunhill after he inherited his father's saddlery business on London's Euston Road. Alfred Dunhill, responding to the growing demand for automobiles, developed a line of accessories called "Dunhill's Motorities". This first collection included car horns and lamps, leather overcoats, goggles, picnic sets and timepieces. Alfred Dunhill pitched the company under the slogan “Everything But The Motor”. In 1967 Carreras acquired a 51% stake in the company. The company is currently owned by Richemont. English actor Jude Law is the apparel ambassador for Alfred Dunhill international adverts. He has represented the company in Asia since 2005. Dunhill has also occasionally provided various accessories for the cinematic James Bond throughout the series. The association first in 1962 began when the production team requested a gunmetal cigarette lighter for Sean Connery's introduction in Dr. No.

2. Body Shop International Plc
The Body Shop International plc, known as The Body Shop, has 2,400 stores in 61 countries, and is the second largest cosmetic franchise in the world, following O Boticario, a Brazilian company. The Body Shop is headquartered in Littlehampton, West Sussex, England, was founded by the late Dame Anita Roddick and is now part of the L'Oréal corporate group. From its first launch in 1976 The Body Shop experienced rapid growth, expanding at a rate of 50 percent annually. Its stock was floated on London's Unlisted Securities Market in April 1984, opening at 95p. After it obtained a full listing on the London Stock Exchange, the...
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