If we talk about the history of
business in India, we just cannot
afford to ignore Hindustan Unilever Limited (HUL). The HUL,
a subsidiary of Unilever in India, is undoubtedly the largest Fast
Moving Consumer Goods (FMCG) player in the country.
HUL's was established in 1885 when the Lever Brothers set
up `William Hesketh Lever' in England and entered India soon after in
1888 by exporting the `Sunlight' laundry soap.
Today, HUL's products are manufactured and distributed across
the country through a network of about 7,000
redistribution stockists covering around one million retail
outlets. HUL's products touch the lives of two out
of every three Indians, thus, setting a tough
benchmark for other FMCG companies in India.
The organized retailers depend heavily on footfalls. Once they got the desired footfalls, they would introduce their private brands or labels and promote them aggressively. These brands are similar to the established national brands with the major difference being that the retailer enjoys a much larger profit on the sale of private brands. Kishore Biyani's Future Group has been aggressively promoting private labels, and offers a variety of private brands across food, apparel and electronics. |