Detailed Marketing Strategy of Nerolac Paints – A Leading Paint Brand

Kansai Nerolac Paints Limited (KNPL) is India’s third-largest decorative paint company founded in 1920. They celebrated their centennial in 2020. It is known for its high-quality paints and coating products. 

In this case study, you will get an overview of the Marketing Strategy of Nerolac Paints, its marketing mix, marketing campaigns, and SWOT analysis. Let’s start by understanding the Kansai Nerolac company. 

Aditya Shastri - Trainer at IIDE

Aditya Shastri

Lead Trainer & Head of Learning & Development at IIDE

Updated on: Oct 21, 2022

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Kansai Nerolac Paints Limited (KNPL) also known as Goodlass Nerolac Paints Ltd. One of the largest decorative paint companies in India.\u00a0 Founded by Katsujiro Iwai in Amagasaki city, Japan. It has six paint manufacturing plants and there are about 7 contract manufacturers.<\/span><\/p>\n

This company has a market share of over 40%, and its products include Automotive Coatings, Industrial Coatings, Decorative coatings, Protective Coatings, and Marine Coatings.\u00a0<\/span><\/p>\n

Kansai Nerolac Paints is one of the most trusted names in the paint company industry. It carries out many community enrichment programs such as health camps in rural areas, construction of toilets, etc. KNPL is committed to contributing in as many ways as possible.<\/span><\/p>\n

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So now that we have understood about the company, let’s understand Kansai Nerolac Paints\u2019 marketing strategy in the coming section.<\/span><\/p>\n

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\u00a0Marketing Strategy of Nerolac Paints\u00a0<\/b><\/h2>\n

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Nerolac\u2019s marketing strategy is different from other paint brands. It has always focused on a healthy paint version by promoting its paints as lead-free.\u00a0<\/span><\/p>\n

It has emphasized advertisements that would increase the popularity of the products. Nerolac has several products which are of decorative and industrial purpose. Also, it has online tools such as paint calculators that help the customers in using its products efficiently. Online apps include Nerolac – Colour MySpace, and Nerolac Pragati.\u00a0<\/span><\/p>\n

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\u00a0The services provided by the brand increased its popularity, productivity with good quality paints.\u00a0<\/span><\/p>\n

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Now that we know what marketing strategy the company applies, let us now understand Nerolac\u2019s marketing campaigns in the coming section.<\/span><\/p>\n

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Marketing Campaigns of Kansai Nerolac Paints<\/b><\/h2>\n

Marketing campaigns are important in communicating the brand image. Kansai Nerolac Paints have launched many successful campaigns. Let’s have a look at some of the successful campaigns by the brand:\u00a0<\/span><\/p>\n

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– \u201c<\/span>Nerolac and Talent House<\/b>\u201d – <\/span>Marketing campaign of Kansai Nerolac Paints<\/b><\/h4>\n

In 2012, Nerolac partnered with Talenthouse India, they launched a contest and invited people to recreate their version of the jingle and win prizes. <\/span>They came out with\u00a0 catchy jingles like- \u201cJab ghar ki raunak badhani ho, deewaro ko sajana ho, NEROLAC NEROLAC!\u201d In 2008, the company tempted its customers through Shah Rukh Khan for its ad campaigns who continues to be the brand ambassador for Nerolac Paints.<\/span><\/p>\n

Check this <\/span>Nerolac SRK<\/span><\/a> to know about this marketing campaign.\u00a0<\/span><\/p>\n

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– \u201c<\/span>Little bit of Nerolac\u201d – Marketing campaign of Kansai Nerolac Paints<\/b><\/h4>\n

\u201cLittle Bit of Nerolac\u201d campaign by the brand featuring Ranveer Singh made consumers take a second look at their home appliances. Your home appliances are shining because of\u00a0 Nerolac\u2019s everlasting shine, now it’s time for your house walls to shine.<\/span><\/p>\n

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– \u201c<\/span>Lead-Free Paints\u201d TVC – Marketing campaign of Kansai Nerolac Paints<\/b><\/h4>\n

Nerolac is involved in environmental safety initiatives and has been promoting them. It has always focused on the environment.<\/span><\/p>\n

Nerolac also worked with cricket players to create advertising content which also gave good results. This marketing strategy was very effective, especially during the IPL.<\/span><\/p>\n

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With this marketing campaign of Kansai Nerolac Paints comes to an end. So, let\u2019s see brand ambassadors of Kansai Nerolac Paints.\u00a0<\/span><\/p>\n

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Brand Ambassadors of Kansai Nerolac Paints<\/b><\/h2>\n

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Roping celebrities is one of the popular marketing strategies of a company. Kansai Nerolac Paints have appointed some popular faces as brand ambassadors. Ambassadors include Ranveer Singh and Shah Rukh Khan.\u00a0<\/span><\/p>\n

Shah Rukh Khan was appointed as the ambassador of Kansai Nerolac Paints in 2010. His appearance endorsed the brand to its higher level.\u00a0<\/span><\/p>\n

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At present, Ranveer Singh is the new ambassador of Kansai Nerolac Paints. The company roped him to increase its popularity with a new face.\u00a0<\/span><\/p>\n

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So, they are the ambassadors of Kansai Nerolac Company. Now let’s peek into the marketing mix strategy of Kansai Nerolac Paints.\u00a0<\/span><\/p>\n

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Kansai Nerolac Paints Marketing Mix<\/b><\/h2>\n

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Through the marketing mix, a company can promote its products by persuading its customers with some cool and awesome stuff. Kansai Nerolac Paints employs the 4 Ps (Product, Price, Place, and Promotion) of the marketing mix.\u00a0<\/span><\/p>\n

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Let us now understand the Kansai Nerolac Paints marketing mix.<\/span><\/p>\n

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1.<\/strong> Nerolac Product Strategy<\/b><\/h3>\n

Kansai Nerolac Paints Limited is a producer and supplier of paints and coating products. The company uses a dynamic targeting strategy so that it can target specific products to different segments.\u00a0<\/span><\/p>\n

Under the category of decorative paint products, the company provides a wide range of products such as wood coatings, interior wall paints, exterior wall paints, enamel paints, etc. The interior and exterior wall paints come under a super-premium range with the finest quality.\u00a0<\/span><\/p>\n

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Other products include powder coatings, floor coatings, and coil coatings. It also offers tools like a paint calculator which helps the users to estimate the price depending on their requirements.\u00a0<\/span><\/p>\n

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2. Nerolac Price Strategy<\/b><\/h3>\n

Nerolac Paints follow a dynamic pricing strategy for different segments. As it offers eco-friendly and high-quality products, the prices charged by them are relatively higher than its competitor\u2019s pricing\/industry\u2019s pricing.\u00a0\u00a0\u00a0<\/span><\/p>\n

Nerolac categorizes its pricing into super-premium range, premium range, popular range, and economy range. The higher the quality of paint, the higher the pricing will be. It also offers free tools as well that act as a value-adding element for the customers.<\/span><\/p>\n

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3. Nerolac Place Strategy<\/b><\/h3>\n

Kansai Nerolac Paints has a strong distribution network. Kansai Vendors at Nerolac are treated more like business partners. Nerolac’s Best Vendor Performance Management System ensures that high-quality raw materials are secured from a pool of vendors.<\/span><\/p>\n

The majority of the manufacturing is done in-house at paint processing facilities, although some of it is also outsourced to other processing centres.\u00a0<\/span><\/p>\n

The finished commodities from both internal and external centres are subsequently sent either directly to depots or to regional distribution centres, from where they are delivered to depots. Finally, stores and customers will receive them.\u00a0<\/span><\/p>\n

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Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, and Haryana are home to the five manufacturing facilities. In the Philippines, Malaysia, Turkey, Kenya, Nepal, Bangladesh, and Sri Lanka, the corporation has a presence. In 2005, this company was also awarded the Best Vendor Award.<\/span><\/p>\n

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4. Nerolac Promotion Strategy<\/b>\u00a0<\/b><\/h3>\n

Kansai Nerolac Paints has always invested in advertising campaigns.\u00a0 This<\/span> brand always invested heavily in promotions and campaigns as it had to compete against the tremendous brand equity of Asian Paints.\u00a0<\/span><\/p>\n

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Nerolac Paints came with a marketing campaign \u201cRang de Patang\u201d where they used colourful kites during Uttarayan Festival in Ahmedabad city.\u00a0<\/span><\/p>\n

They gave kites as a gift to the customers and the remaining ones they distributed to people in Ahemdabad on the day of Uttarayan. The whole sky was filled with Nerolac kites during Uttarayan. This is a unique promotional strategy.<\/span><\/p>\n

\u00a0Check this <\/span>Nerolac Rang de Patang<\/span><\/a> promotional strategy by Nerolac Paints.\u00a0<\/span><\/p>\n

It also uses other mediums for promotion like magazines, tv, billboards, etc. Under its Nerolac Colour Trails campaign. It promoted its offerings by giving an insight into decorating homes with unique and traditional designs through magazines.<\/span><\/p>\n

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Hence, this concludes the marketing mix of Kansai Nerolac Paints.\u00a0<\/span>Nerolac is a company with many strengths and opportunities in today\u2019s global world, but it also suffers from threats and problems. So let us now discuss the SWOT analysis of Nerolac Paints.<\/span><\/p>\n

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SWOT Analysis of Kansai Nerolac Paints<\/b><\/h2>\n

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A SWOT analysis is a technique that helps to define the Strengths, Weaknesses, Opportunities, and Threats in an organization. Strengths and weaknesses are the factors that affect internal and external factors are opportunities and threats.\u00a0<\/span><\/p>\n

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\u00a0Here is the SWOT analysis of Nerolac Paints :<\/span><\/p>\n

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1. Strengths of Kansai Nerolac Paints<\/b>:<\/b><\/h3>\n

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Author's Note:

My name is Aditya Shastri and I have written this case study with the help of my students from IIDE's online digital marketing courses in India.

Practical assignments, case studies & simulations helped the students from this course present this analysis.

Building on this practical approach, we are now introducing a new dimension for our online digital marketing course learners - the Campus Immersion Experience.

If you found this case study helpful, please feel free to leave a comment below.

Aditya Shastri - Trainer at IIDE

Aditya Shastri

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Lead Trainer & Head of Learning & Development at IIDE

Aditya Shastri leads the Business Development segment at IIDE and is a seasoned Content Marketing expert. With over a decade of experience, Aditya has trained more than 20,000 students and professionals in digital marketing, collaborating with prestigious institutions and corporations such as Jet Airways, Godrej Professionals, Pfizer, Mahindra Group, Publicis Worldwide, and many others. His ability to simplify complex marketing concepts, combined with his engaging teaching style, has earned him widespread admiration from students and professionals alike.