Patanjali Ayurveda started
by Baba Ramdev and Balakrishnan has become one of the biggest success stories
of Indian business in the world of FMCG. It has threatened to destabilized big
MNC players like Unilever, P&G and others. It has also dented the market of
Indian herbal companies like Zandu and Dabur.
Patanjali has become a case study in top business schools around the world. Top
executives of MNCs are scratching their heads to find a way to counter the
marketing onslaught of it.
One the other hand, there is
another ayurvedic company which is creating ripples. That is Sri Sri Ayurveda.
It is owned by Sri Sri Ravi Shankar led Art of Living Foundation. It is widely
believed that within next few years, Patanjali will have a strong competitor in
the form of Sri Sri Ayurveda. The later has already made a strong foot print in
the South Indian markets.
Patanjali Vs. Sri Sri Ayurveda
In this perspective, many
marketing gurus are comparing these two firms. Which one of them has greater
potential and which is going to rule the herbal market in future is the
question being pondered over.
Studying the market trends,
it becomes quite obvious that Patanjali is leading. The company is expected to
touch Rs. 5, 000 Crore revenue in next 2 – 3 years. Sri Sri Ayurveda is not
able to cope up with the marketing campaigns run by Patanjali. Further, Baba
Ramdev has entered the lives of Indians through his Yoga streaming. Ravi
Shankar has also developed Sudarshan Yoga, but that is not popular.
Ravi Shankar has more
followers than Ramdev. But, there is little bit of difference. Ravi Shankar has
always taught Art Of Living, as the name of his foundation indicates. His teachings
centered around living life fully and avoiding conflicts. On the contrary, Baba
Ramdev from his initial days centered his focus on healthy life. That is what
made the basic difference when both of them entered the market.
Further, Sri Sri Ayurveda
has no match of Ramdev’s line of Packaged Food Products and Personal Care.
Though, it must be mentioned here that Sri Sri has given tough competition to
Patanjali in the arena of body lotions as well as energizers.
Purpose of Making Money
People keep on criticizing
these spiritual foundations making money through these means. Though, they are
not doing anything illegal.
However, there is a basic
difference between these ayurvedic firms and others. For example, Patanjali has
a written undertaking that none of the board members will earn a penny from
money made through Patanjali Ayurveda. Ramdev and Balakrishnan do not take
anything. The same is the story of Sri Sri Ayurveda.
Both of these firms are
completely not-for-profit. There is also no denying that they are making huge
sums of money. But, money is being used to sustain charity work undertaken by
the mother foundation apart from running their spiritual campaigns.
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