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Industry Beauty & Personal Care
Services Expansion & Product devevlopment
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Market Research and Pricing Strategy for Scaling a Natural Products Brand in India

Lakshmi Krishna Naturals is a growing natural products brand focused on delivering high-quality, consumer-centric offerings. As the business expanded, it partnered with Studio Forge to bring data-driven clarity to its product strategy. The goal was to move from experience-led decisions to insight-driven product launches by understanding market demand, pricing, target audience, and customer behavior.

We talked to:
Mohan P

Founder, Lakshmi Krishna Naturals

The Challenge

Limited Visibility into Customer Demand

As the brand scaled, product decisions were primarily driven by experience rather than validated market insights.

This created uncertainty around product demand, pricing alignment, and customer preferences in an increasingly competitive natural products market.

Limited visibility into customer behavior and retention further increased the risk associated with launching new products, making it difficult to scale with confidence.

Our Approach

Product-Focused Market Research Framework

Studio Forge conducted customized market research tailored to the brand’s product categories and growth objectives. The study focused on evaluating product demand and potential, pricing feasibility, target audience behavior, customer interest, and retention patterns.

These insights were delivered through a clear, structured report designed to support faster, more confident decision-making and reduce uncertainty in product launches.

The Outcome

Stronger Product Strategy and Market Success

With access to structured, data-driven insights, Lakshmi Krishna Naturals was able to significantly improve its product strategy. The brand successfully launched more than 10 products within a year, all achieving strong market acceptance.

The engagement enabled more confident decision-making, reduced risk in product development, and established a stronger foundation for scalable growth.

“Earlier, our product decisions were largely experience-driven. Studio Forge’s research gave us clear insights into product potential, pricing, and customer behavior. We launched 10+ products within a year with strong market acceptance, and their insights played a direct role in our growth.”

Mohan Founder, Lakshmi Krishna Naturals

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