Campaign details
Brand: CofsilsBrand owner: Cipla Health Pvt. Ltd.Agency: The Womb Communications LLPMarket: IndiaSector: Non-prescription, OTC products Media channels: Point-of-purchase, in-store, TelevisionBudget: 5 - 10 million
Executive summary
This is a story of how to raise a long-held price point by 300% in a low-stakes, low-price, inertia-led category.
The throat lozenge market in India has been stalling at the Rs. 1 price point for decades now, with even legacy-strong brands like Vicks and Strepsils struggling to scale up their Rs. 3 franchise.
Cofsils identified the problem as...