Porter's Competitive Strategy of HUL and ITC.
HINDUSTAN UNILEVER LIMITED
DIFFERENTIATION STRATEGY USED IN HUL:
·
Unilever
product Dove, despite of being high prices stands out their competitors because
it focuses more on cleaning and moisturizing.
·
Company
attracts customers to specially designed products.
COST LEADERSHIP STRATEGY USED IN
HUL:
·
Simple
pricing policy of low-cost products.
·
Discounts
offers.
·
All
income group of people.
FOCUS STRATEGY USED IN HUL:
·
Revises
its branding strategy and brings continuous changes to their products.
·
Focuses
on lowest price as much as possible.
ITC
DIFFERENTIATION STRATEGY USED BY ITC:
·
ITC
India ltd first has extended its product line after studying consumers’ health
concerns.
·
Being
an experienced brand, ITC uses differentiation as a tool to reduce the pressure
by other brands.
FOCUS STRATEGY USED BY ITC:
·
ITC
adopted focus strategy to reduce the cost and provide the best value.
·
Low-
cost focus strategy is adopted by serving the needs of a niche market segment.
·
Best
value focus strategy is adopted by emphasizing over the taste, size and design
of the product.
COST LEADERSHIP STRATEGY USED IN
HUL:
·
ITC
India ltd first expand the market share by targeting the middle class, which is
the largest proportion of overall market.
·
ITC
also focuses on affordability and easy accessibility of its products all over
the globe.
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