Gather 'round, caffeinated souls, for a tale of a brand that thrives on the energetic pulse of India's ecommerce marketplaces, leaving competitors wide-eyed and jittery. Meet mCaffeine, the brand that keeps consumers buzzing with excitement as it conquers the hair and skincare categories. As always, we, at Vumonic - the leading source of market intelligence in India have brewed up a delightful blend of data analytics and research to dissect the curious case of mCaffeine's marketplace extravaganza.
In an interesting plot twist, mCaffeine relies heavily on ecommerce marketplaces for its sales volumes, with a particular fondness for Nykaa, over Myntra, Amazon, Flipkart, and others. The brand's D2C site, however, is the decaf to its marketplace espresso, contributing a negligible volume to its overall sales. Despite this D2C de-emphasis, mCaffeine manages to capture a significant percentage of the hair and skincare categories on marketplaces. A foamy paradox, indeed!
Peering into the depths of our data, we discovered that mCaffeine was once sitting pretty in the top 25 brands for Amazon's beauty category 12 months ago. However, like the froth on your cappuccino, its rank has since settled into the top 50. A curious development, don't you think?
Now, allow us to unveil the best-selling mCaffeine products for Nykaa in March '23, as divulged by our ecommerce insights maestros:
There you have it, the stimulating story of mCaffeine's marketplace success and its tantalizing dance with D2C strategies, courtesy of the number one source of market intelligence in India - Vumonic.