Emami's new strategy has consumer at the centre
Emami is graduating from being a seasonal and rural-focused company to a "perennial and universal" organisation and has been positioning itself by taking a consumer-centric approach, said vice- chairman and managing director Harsha V Agarwal.
Now, Emami is graduating from being a seasonal and rural-focused company to a "perennial and universal" organisation and has been positioning itself by taking a consumer-centric approach, said vice- chairman and managing director Harsha V Agarwal.
"This is evident in the fact that pain management, Fair and Handsome, Kesh King, and strategic investments generate non-seasonal revenues; the proportion of revenues derived from non-seasonal brands is a high 56% today from 51% in FY2019-20," said Agarwal, addressing shareholders.
Besides, the proportion of revenues coming out of non-rural geographies has increased.
"The company's effective positioning is consumer-centric (as opposed to product-centric), addressing challenges faced by consumers," he said.
The emerging Emami is neither premium nor price-sensitive, Agarwal said, adding, "the evolved Emami is both".
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.