Degree
Master of Business Administration
Faculty / School
School of Business Studies (SBS)
Advisor
Dr. Asim Shabbir, Assistant Professor and Program Coordinator MS Marketing, Department of Marketing, Institute of Business Administration (IBA), Karachi
Client
HPH International
Project Type
MBA Research Project
Keywords
Gray market, Personal care, Phillips, Marketing, Grooming product
Abstract / Summary
The report discusses the issues HPH International faces in the wholesale channel of distribution for Philips Personal Care products in Pakistan, and how gray market product presence affects their business. These are sometimes genuine or copy products sold at cheaper prices through uncharted channels without guarantee or after-sales service. This paper focuses on how such gray market products would affect Philips's overall reputation in the market, consumer perceptions, purchase decisions, and loyalty to the brand.
The report also proposes a focused marketing strategy to increase consumer engagement and, consequently, revenues. The AIDA campaigns will be focused on the products. For example, this could be highlighted by explaining the unique features of the products-for example, the precision trimming and shaving function of the OneBlade, and long-lasting hair removal solutions provided by the IPL Lumea. This would reinforce awareness of and preference for Philips products among the consumers over gray market products. This will be accomplished through the marketing strategy by using digital and social media to provide maximum exposure for the brand, notably to the younger, tech-savviness of consumers who most likely act upon online messages. This campaign also involves partnering with influencers, product demonstrations, and running targeted ads highlighting the benefits of buying authentic Philips products through official channels.`
Recommended Citation
Safeer, S., Ahmed, G., Masood, A. B., & Mohammad, S. (2024). Navigating Gray market challenges and driving growth for HPH International (Unpublished graduate research project). Institute of Business Administration, Pakistan. Retrieved from https://ir.iba.edu.pk/research-projects-mba/330