IIPM Admission

Wednesday, August 30, 2006

Mr. First & Fast Mover

IIPM PUBLICATION
It is all about reaching the right place before the competition does and C.K. Ranganathan has always been bang on with his strategies for CavinKare. Starting with a modest one product category in 1983, CavinKare today boasts of a broad product portfolio with a turnover of over Rs. 570 crore. While mass marketing formed the basis of Ranganathan’s strategy, innovation in products and different positioning from the competition laid the foundation of a successful venture. “In my view, an entrepreneur is a person who sees what everybody else sees, but thinks differently. He also takes a very calculated risk to achieve what he is aspiring for,” explains Ranganathan, and that’s precisely what he did with his strategy of selling shampoos in sachets (Chik!), an idea which changed forever the dynamics of how shampoos were sold in this country. Even when competitors were selling shampoo at
Rs. 2 per sachet, CavinKare virtually invaded rural India at 0.50 paise per sachet. With his out-of the-box strategies, today Ranganathan is a role model for every young entrepreneur. Here’s to the power of thinking big, but differently!

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Source :- IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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