Himalaya has been strongly recommended by peers, friends and people who are emotionally close to. We wanted to capture that essence somewhere in our communication. That is the thought behind getting the bride recommended about the product.
Primarily, we are using TV followed by digital and on some part we are trying to get some in-store communication.
We are increasing our ad spends by more than 50% from last year, and we should be hitting double digits by this campaign.
Out of the entire Himalaya basket, personal care contributes around 42%. Within personal care, face wash, hair care and oral care products contribute the most .
We are seeing initial hiccups but we expect it to even out. We see no impact on winter products like lotions, skin creams and lip balms, because these are more of a functional requirements. However, in about a month we should be able to see things improve, where we have already seen a slight improvement.
A slowdown is there, like all FMCG companies say. We don’t know the way forward, but we will do our best to reach our revenue target and a more than double digit growth next year.
Patanjali is a disruptor in the category. While we compete with Patanjali on a couple of categories directly, we see little impact. With Patanjali doing their role in the category, we see the Ayurvedic segment expanding. There is no competition per say with the brand.