Professional Documents
Culture Documents
3rd MKT QUEST-oct
3rd MKT QUEST-oct
3rd MKT QUEST-oct
CONTENTS
Market News
Marketing terminology
Kshipra Singh Sumit Chaturvedi
Articles
The Strategy
Sanjeev Singh
Ayush Sharma
Ritika Sinha
Designing
CEO Profile
Vikas verma
Santosh Kumar
ARTICLE:
Titan's Fastrack, one of the pioneers in this field, recently recorded over half a million
fans its Facebook page. Since January 2010, the brand's growth skyrocketed, adding
nearly a lakh fans every month.
"Brands have always to move with trends and to move with trends means the move
should be with youth. I feel every brand needs to have online brand strategy," said
Simran Bhasin, Marketing Head of Fastrack.
India has the eleventh highest number of Facebook users, leading more brands to make
use of the social networking site to lure their target audience.
Hoardings have a limited shelf life and remain only in the archives once they are taken
off, but advertising online has no such limitations, which is their biggest strength, he
adds.
Other than Facebook, there are also other forms of social media at work. Fastrack has
begun interacting with its young consumers through blogs. The company believes it
needs to use the right kind of platform and should also keep the consumers interested.
People were invited to share their pictures, take direct feedback and comments for its
products apart from sharing brand related news, developments and celebration with its
fans.
"Though it's long way to go, Indian brands are properly using the social network site to
have the success, In India we have only digital agencies who are doing well in the
creative part of the online marketing. We need more agencies who mainly work in
online marketing, ―said Bhasin.
Geek Online is one such agency that deals mostly with online marketing. The firm,
which was started in 2008, has seen rapid growth in the field of online marketing,
Agarwal stated. The company has handled some campaigns for brands such as
Fastrack, Kingfisher, Britannia and Wipro's E.Go laptops.
As each person signs up for a new campaign or "likes" a page on Facebook, their
information is automatically available to the brand, giving them access to the persons
other interests. This information can be used 'profile' each fan, and target future
advertising campaigns based on their interests.
However, in India most campaigns originate in the offline space and then extend to the
online community, Agarwal said.
Tata Docomo has more than 200,000 fans and has built a strong community through
special trials, contests and discussions. Likewise, Vodafone Zoozoo has around 692,000
fans with whom the brand connects through pictures, videos as well as contests.
The 'Idea' network campaign has more than 87,000 fans and is highly active and
conversational. It includes a lot of contests, campaigns on wall posts. Apart from these,
other brands like Amul Butter, Channel V and Cleartrip are actively utilizing Facebook
to draw customers' attention to the products.
According to statistics on Facebook, 50 percent of users log into the site each day. This
would mean at least 175 million users every 24 hours. Twitter has 75 million user
accounts and LinkedIn has 50 million members worldwide and are still growing.
Though the overall usage of social media among the business users is relatively low in
India, the increasing popularity of social networking among the youth will soon make
this the exclusive spot for advertising, with more campaigns directed only for the online
market.
ARTICLE:
With the launch of Aliva, FritoLay India aims to create a new segment of great tasting
baked savoury crackers.
After Kurkure's enormous success, Aliva marks FritoLay India's creation of yet another
category – borrowing ingredients & textures from biscuits & flavourful experiences
from namkeens. Aliva is a product range developed in India especially for the Indian
consumer & is a significant step in the company‘s journey of portfolio transformation
towards providing healthier and tasty snacking options in line with local consumer
needs.
Aliva is available in 4 distinct chatpate Indian flavours specially created keeping the
Indian palate in mind
Special Pindi Masala
Caramelized onion & cooked Indian tomato notes followed by a hint of fried
curry leaf and lentil. As these flavours explode in the mouth, you will
encounter toasted wheat notes with the tang of tomatoes….all ending with
the heat of black pepper and spicy red chillies
Mint Flavour with Herbs
Fresh notes of mint flavour combine with the engaging taste of toasted
wheat, lentils and cumin. The taste melts away with the mild tang of
amchur…the warmth of black pepper, dash of green chillies & herbs give a
great finish
Original Salted
The classic touch of salt, a simple treat that you‘d love to eat anytime
Some Facts
PRICE: Rs 1, 06,000
COMPANY: Victorinox
PRODUCT: N8 smartphone
COMPANY: NOKIA
COMPANY: Amkette
PRICE: Rs 13 – 15 lakhs
COMPANY: Lakmé
COMPANY: PHILIPS
CEO PROFILE:
Mr.Kaul started his career with American Express Travel Related Service,
where he worked in the Credit Card Sales and Marketing spread over 6
years at Kolkata, Chennai and New Delhi. He went on to spend 2 years
with Modiluft as the General Manager - Sales, Marketing & Customer
Service. This was followed by 5 years in TNT India as Country Director -
Sales, Marketing & Customer Service.
His personel interest lies in music and sports including golf among others.
MARKETING TERMINOLOGY
Brand
A brand is a name, symbol or other identifying mark for a seller‘s
goods or services. It is distinct from other sellers.
Generic Brands
No-frills goods stocked by some retailers. These items usually receive secondary shelf
locations, have little or no promotion support, are sometimes of less overall quality than
other brands, are stocked in limited assortments, and have plain packages.
Brand Position:
The market space a brand occupies in the mind of consumers, based on the brand's
ability to deliver on its Brand Promise.
Brand Values:
The unique set of characteristics that contribute to how a brand is, and/or will be,
positioned in the marketplace.
Re-branding:
A comprehensive change in an organization‘s strategic direction based on opportunities
presented by changing market conditions, or product/service development altering the
organization‘s business strategy. Changes made to the brand identity should be directly
promotional to the degree of change made to the brands strategic course of direction.
The Strategy:
According to latest data released by International Data Corporation (IDC), the main
beneficiaries have been smaller players such as Micromax and Spice Mobiles which
have muscled their way into the top five clubs. ―The influx of new brands led to a spurt
in the market and saw emerging vendors corner 33.2 per cent of mobile handset
shipments in 2010,‖ the IDC report said.
In the midst of all this, just one player — Samsung Mobiles — has been able to retain its
rank (second largest) and increased its market share from 9 per cent in the previous
year to 17 per cent in June 2010. Ranjit Yadav, Head of mobile and IT at Samsung, says
the company is confident of adding another 6-7 per cent market share by the end of the
year.
In the touch screen space, for example, Samsung has a portfolio of 23 models ranging
from the entry-level to the 3G-enabled touch music phones, the Samsung Champ and
Samsung Galaxy S. Prices range between Rs 4,250 and Rs 31,500. Galaxy was the
company‘s answer to Apple‘s popular iPhone.
The move coincided with a sharp growth in dual- and triple-SIM card slot phones,
which have cornered 38.5 per cent of the mobile handset market in India, from less than
1 per cent in April-June 2009.
―Samsung‘s dual-sim portfolio now boasts of 10 models in the range of Rs 2,020 and Rs
12, 300,‖ Yadav says.
No surprises, therefore, that in the touch screen space, Samsung says it leads the pack
with a market share of 30 per cent Samsung, some say, also recreated social networking
handsets with its Corby series. Realizing that Indians are beginning to change handsets
within 18 months, the accent is on adding new features at a fast pace.
At the same time, the company has embarked on a huge campaign (involving actor
Aamir Khan) to push its phones at the retail stores. Retailers have been guaranteed a 30
per cent return on all Samsung merchandise. Large multi-brand stores have Samsung
attendants to push the brand.
Analysts expect to see more such social networking-focused phones in future but also
warn that only those vendors who can balance the right set of functions with
competitive pricing will appeal to budget-conscious young people. According to
Informate‘s mobile tracker, mobile internet browsing commands the highest share of
time spent — more than calls and messaging put together — in India.
One of the mainstays of Samsung is that unlike some of its competitors, it offers
support on all platforms- Android, bada and Windows7. ―We recently introduced our
own proprietary Open OS ‗bada‘ in India. We remain platform agnostic and will
provide consumers open OS handsets for them to make their own choice,‖ Yadav
explains.
So, while there is a Galaxy S that scores on account of its features such as the world‘s
first Super Amoled screen and applications such as aldiko and e-book among others,
the Wave comes with similar features on the Samsung bada platform.
Value-additions include options for phone customization, by way of online stores, and a
well-oiled after-sales service.
But there are a few problems as well. The main challenge, sources say, is the fact that
Samsung‘s main competitor now is not Nokia, but smaller players which have a cost
advantage by way of taxation as well as quality compromises. Also, the limited battery
life of its phones is a major issue.
Samsung, however, is aware of the problems and is working on it. For example, it has
launched Samsung Guru Power for the rural markets with a long battery life of
2,000mAh providing 22 hours talk time and two months standby time.