Paramount Cosmetics picks IBD India as its Brand and Creative Partner
For "Shilpa' - It all started with the restructuring of the entire brand portfolio through suggestion of right "Brand Architecture' that took into consideration the competition, market potential, brand elasticity and finally the "end-users's response. On the other hand for "Instinct' it was more of an Integrated Brand Communication Strategy' rolled out by IBD India with emphasis on repositioning of the existing brand to create excitement around it.
Speaking on the occasion, Hiitesh Topiiwaalaa, Managing Director, Paramount Cosmetics (India) Ltd. said, "We are extremely happy to have associated with IBD India. The challenge for IBD was to come up with solutions on how to revitalize a 30 year old brand like "Shilpa" and the agency's strategic approach surely would give a new direction to the brand. IBD has rolled out a clutter breaking creative and strategic approach on "Instinct" based on deep consumer insights which is a winner all the way. Our long standing relationship with the Percept group and its overall commitment towards the brand development process also helped us making this decision".
Commenting on winning -Paramount Cosmetics' Business, Jyotsna Chauhan, COO-, IBD India, said "We believe a lot can be done on brand "Shilpa" to make it contemporary & youthful yet maintaining its core Indian traditional values. We intend to take brand "Instinct" to the next level by repositioning it and creating a strong identity in an extremely cluttered segment. The challenge is to make the brand be a part of its TG's personality".
Paramount Cosmetics (India) Ltd. was incorporated in 1986 and is in manufacturing and marketing of cosmetics products. In the last few decades it has acquired a strong position in the cosmetics industry in respective categories. Presently Company offers two Brands - Shilpa and Instinct. Paramount is already present in Beauty category and have plans to shortly launch products under Hair, Skin and Personal care categories.
Considering the huge market potential and increased consumer awareness and demand for men's skin care and personal care products, Paramount Cosmetics has entered the market with brand "Instinct". Under the brand "Instinct", Paramount Cosmetics today manufactures and sells Deodorants, Hair Styling Gel, After Shave Moisturizing Gel, Skin Revival Gel etc.