The Company:
Reckitt Benckiser India Ltd (RBIL) is a fully owned
subsidiary of Reckitt Benckiser Plc; this was formed in the year 1999 from the
merger of Reckitt & Colman PLC and Benckiser N.V. The company is a
multinational consumer goods company, headquartered in Slough, United Kingdom.
Reckitt Benckiser is listed on the London Stock Exchange. A few well-known
brands of RBIL are Dettol, Mortein, Harpic, Lizol, Colin etc.
The Product:
Albert
Reckitt of Reckitt & Sons Ltd & Dr. W.C. Reynolds were the ones to develop Dettol Antiseptic Disinfectant Liquid in 1929.Dettol is the iconic brand from Reckitt-Benckiser. It was
launched in India in 1933. Since its inception it has garnered the faith and trust of
millions of Indians and till date stands as the last word in germ protection.
Dettol antiseptic enjoys more than 80 per cent of the market share, today. It has multiple uses, such as
- as a gentle antiseptic wound cleanser, disinfectant, after shave etc.
Traditionally Dettol has been the one product to reach out to in cases of
cuts and bruises. Dettol, also ran a campaign with the goal to expand the usage of
the brand into a multi-purpose antiseptic that can be used for a variety of functions - washing laundry,
mopping, shaving, first-aid and other general
disinfectant purposes.
Hence, though the product started its journey as the first-aid brand in the country, over the years it has taken over the role of ‘protector from germs’ in all situations.
Definition Of
Marketing.
The American Marketing Association (AMA) defines marketing
as - “ Marketing is the activity, set of
institutions, and processes for creating, communicating, delivering, and
exchanging offerings that have value for
customers, clients, partners, and society at large”.
The definition basically
talks about meeting/ satisfying a consumer requirement profitably, by
designing and delivering a tailored product/ service to the customer that creates value for them.
In this case, the existence/ creation of a consumer need for “germ
protection” was satisfied by Dettol. Hence, this product identified the
unstated requirement for “germ protection” of its consumers and innovated an all purpose product to cater to the same.Hence, In this market market the brand - as the leader -has the responsibility
of driving the overall industry growth. More
about Dettol as a product and as a brand would be published in the posts that
follow.
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