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Proklean: Challenge to Expand in the B2C Market
In January 2024, a co-founder of Proklean Technologies Private Limited (Proklean) met with two other top company leaders to discuss the company's performance in the business-to-consumer (B2C) segment. The Chennai, India–based firm needed to explore growth strategies in this segment to meet its ambitious target of achieving ₹1 billion in B2C sales revenue by 2029, with a cleaning-products market share of 10 per cent. To meet that target, should Proklean change its positioning from being an eco-friendly firm to a purveyor of a green-chemistry cleaning solution that aimed to safeguard its customers’ health? How could Proklean engage with its audience to build trust and confidence in its products’ authenticity? What challenges would it face in the B2C segment, and what strategies should it employ to overcome them? -
Mamaearth: Navigating Growth Beyond Baby Care
<p align="justify">Mamaearth, founded in 2016, started as a direct-to-consumer personal-care brand and carved a niche for itself as a trusted, toxin-free baby-care, skin-care, and hair-care brand in a competitive Indian personal-care market landscape that included established multinationals. In 2022, its parent company, Honasa Consumer Private Limited (HCL), raised $52 million in financing for a valuation of US $1.2 billion, becoming the first unicorn of 2022. HCL also acquired BBlunt, a hair-care and styling-products business in a ₹1.34 billion deal that was seen as a significant step toward meeting Mamaearth’s growth aspirations.<br><br> In a competitive personal-care market landscape, the leading companies had realized health-aware consumers’ need for natural and toxin-free products and were innovating and aggressively pushing chemical-free products. Mamaearth now faced a challenge in taking the next leap forward: it needed to grow its market, retain its sustainable positioning, determine its consumer segment, and build a communication strategy around these factors as a trusted, toxin-free skin-care and hair-care company.