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Lakmé is a leading Indian cosmetics brand that was founded in 1952. It is a subsidiary of Hindustan Unilever (HUL). Lakmé offers a wide range of beauty products, including makeup, skincare, haircare, and body care. The brand is known for its innovative products and its focus on Indian beauty.
Lakmé is the first Indian cosmetics brand to introduce makeup to Indian women. It has been a pioneer in the Indian beauty industry, and it has helped to shape the way that Indian women think about beauty. Lakmé is also a major sponsor of the Lakmé Fashion Week, which is one of the largest fashion events in India.
Lakmé's business model is based on a combination of offline and online channels. The brand has a strong presence in retail stores across India, and it also sells its products online through its own website and through e-commerce platforms such as Amazon and Flipkart.
Lakmé is a profitable brand, and it has been growing steadily in recent years. In 2022, the brand's revenue was estimated to be around ?2,500 crore (US$330 million). Lakmé is one of the most popular cosmetics brands in India, and it is well-positioned for continued growth in the years to come.
Here are some of the key factors that have contributed to Lakmé's success:
Strong brand identity: Lakmé has a strong brand identity that is based on Indian beauty. The brand's products are designed to suit the needs of Indian women, and they are marketed in a way that resonates with Indian consumers.
Innovative products: Lakmé is constantly innovating and introducing new products. This helps to keep the brand fresh and relevant, and it also helps to attract new customers.
Strong distribution network: Lakmé has a strong distribution network that reaches across India. This allows the brand to reach a wide range of consumers.
Effective marketing campaigns: Lakmé has run a number of effective marketing campaigns that have helped to raise awareness of the brand and its products. These campaigns have featured some of the biggest stars in India, and they have helped to make Lakmé a household name.
Lakmé is a leading Indian cosmetics brand that is well-positioned for continued growth in the years to come. The brand has a strong brand identity, innovative products, a strong distribution network, and effective marketing campaigns. These factors have helped to make Lakmé one of the most popular cosmetics brands in India.
Ladies get happy when they hear Lakme, isn’t it? It is one of the leading and most accepted brands when it comes to beauty products and cosmetics all over the world. It was opened around in the year 1952, and since then, it has maintained its name and quality.
The brand is owned by Hindustan Unilever and is spread in more than 75 cities in India and has around 150 physical outlets. You can either open their salon or can also take franchise of selling their products. It has significant demand, particularly during festive or wedding season; they have loyal customers who prefer it over other brands because of its quality.
If you wish to take this franchise, then you need a minimum investment of 25 lakhs, which would include training on Lakme products and beautification so that you can serve best to the customers. The minimum space required for opening a Lakme Salon is 200 Sq Ft.
official Website:-Lakme Business