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Reckitt
plans to extend Dettol, Mortein brand range
Sanjay Sardana
New Delhi, Dec 9: Reckitt Benckiser is reviving up
its flagship household brands - Dettol and Mortein - and is
looking at brand extension through launch of new products
for specific uses.
Dettol and Mortein brands account for over
60 per cent of Reckitt’s annual revenue of Rs 585 crore. The
company further plans to push these brands through promotional
activities for which it has increased the next year’s budget
by 25 per cent to Rs 50 crore.
Reckitt is looking at the possibility of segmenting the Rs
1,500-crore premium soap market and is trying to develop soaps
for specific use.
Similarly, the company is looking at pests in a holistic way
and is planning to introduce new pesticides whose rapid growing
market is estimated to be over Rs 1,200 crore.
Reckitt Benckiser managing director Pranab Barua told The
Financial Express that “the special brown liquid (in Dettol)
has variety of secondary usages. Like it is used on fabric,
floor, nappies and washing and we are looking at bringing
new products in these areas. The idea is in the concept stage.”
“Apart from extending the range, the company is looking at
how Dettol can be taken to different areas of use. One possible
area could be soap where we plan to take the Dettol brand
further and segment the soap market,” Mr Barua said.
“We are just trying to identify what consumer wants from an
anti-bacterial soap and will work on those kinds of soap.
The market research is already on,” he added.
“We are also trying to identify new pest areas and are looking
for a holistic approach to this menace. We are expanding the
product range and have already launched pest for rats. For
instance, we are looking at pests for cockroaches etc,” Mr
Barua added.
“We will concentrate on rats and other pests in the second
stage. The company also plans to bring new technology to the
country slowly,” he said, adding Reckitt will be extending
the ‘Moretein’ brand through coils, vapourisers and aerosols
(sprays).
The company has already set aside around Rs 50 crore for promotional
activities for these two brands. The overall budget has been
fixed at Rs 100 crore, up from Rs 90 crore this year.
Despite a sluggish over all growth in the fast moving consumer
goods industry, Reckitt is going ahead with its promotional
plans.
The promotional expenditure budget for Dettol and Mortein
next year is up by almost 25 per cent.
Although the company earlier tried to extend the Dettol brand
through Dettol talcum, the company had to withdraw it as it
failed. The company hopes to relaunch talcum in early 03,
he added.
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