Professional Documents
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Preface
It has been a great opportunity and learning experience for us while we prepared this
dossier. It would brush up the essential marketing concepts in a convenient manner. We
expect that our efforts would enrich your learnings and would help you stand out during
and after your MBA journey. Of course, Placements as well!
We have taken inputs from various websites, blogs, and news articles. As a gesture to
thank, we’ve mentioned the names in the later part of the dossier. We have also studied
from notes of the students studying in other Top B schools in India.
The following students have made this dossier under the guidance of Anuttam Grandhi.
Payal Rote Vaibhav Gosar Preyal Prajapati Greeshma Nair Priyanshi Bansal
IIM Kozhikode IIM Kozhikode NMIMS Mumbai IIFT Kolkata SCMHRD Pune
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Table of Contents
Preface.......................................................................................................................................................................................... 1
1. Introduction to Marketing............................................................................................................................................... 4
2. Sales vs. Marketing ............................................................................................................................................................. 5
3. Need, Want, & Demand..................................................................................................................................................... 6
4. Customer vs. Customer..................................................................................................................................................... 7
5. B2B vs. B2C............................................................................................................................................................................ 8
6. Marketing Mix .................................................................................................................................................................... 10
Product.................................................................................................................................................................................. 10
Price........................................................................................................................................................................................ 10
Place ....................................................................................................................................................................................... 10
Promotion ............................................................................................................................................................................ 11
7. The Extended 7P’s for Services ................................................................................................................................... 11
People .................................................................................................................................................................................... 11
Process .................................................................................................................................................................................. 12
Physical Evidence ............................................................................................................................................................. 12
8. Product Mix ......................................................................................................................................................................... 13
9. Product Life Cycle ............................................................................................................................................................. 15
10. STP: Segmentation, Targeting & Positioning ...................................................................................................... 16
Segmentation: .................................................................................................................................................................... 16
Targeting: ............................................................................................................................................................................. 18
Positioning: ......................................................................................................................................................................... 18
11. Go-To-Market-Strategy ................................................................................................................................................ 20
12. Brand Equity .................................................................................................................................................................... 21
13. Branding Resonance ..................................................................................................................................................... 22
14. Additional Branding Terminologies ....................................................................................................................... 23
15. SWOT Analysis ................................................................................................................................................................ 24
16. Pestel Analysis ................................................................................................................................................................. 26
17. Porter’s Five Forces Model......................................................................................................................................... 27
18. ATL vs. BTL ....................................................................................................................................................................... 29
19. The 4A Framework for Rural Marketing .............................................................................................................. 30
20. BCG Matrix ........................................................................................................................................................................ 32
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Introduction to Marketing
What is marketing?
The answer to the above question as per Philip Kotler (also known as Father of
Marketing) –
It is the science and art of exploring, creating, and delivering value to satisfy the needs of
a target market at a profit. Marketing identifies unfulfilled needs and desires. It defines,
measures, and quantifies the size of the identified market and the profit potential. It
pinpoints which segment the company is capable of serving best and designs and
promotes the appropriate product and services. Marketing is the social process by which
individuals and organizations obtain what they need and want by creating and exchanging
value with others.
Marketer ensures that two ends meet - business objective and customer need. They
identify the product attribute, select target customers, and align the marketing campaign
to ensure product success.
Marketing is about knowing what consumers need is and tension behind it while creating
a sustainable and profitable business. Also, a marketer should ensure that customers
remain loyal and return to the brand for the same product.
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Marketing Sales
Seeks to convert consumer needs into Seeks to convert existing products into cash
products
"PULLING" the target customer towards "PUSHING" the product to your customers
your product in the market
Marketing efforts lead the company to Companies make a product first and then
make products that customers will buy figure how to sell to make a profit
Finds the right products for the customer Finds customers for a given product
base
Customer is the very purpose of the Customer is the last link in the business
business
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Needs consist of basic human necessities like food, clothing, shelter, transportation, so
on. Human needs have undergone several changes, along with the social revolution.
During ancient times, needs were limited. Customers tend to pay for all the products they
need. Need is a state of self - deprivation in an individual. For example, the customer has
to purchase a cell phone to keep updated about his family. It signifies that the cell phone
is the need.
Note: Different products may serve a different purpose for that particular customer.
Specific chocolate may be a need or want or demand, owing to different customers.
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The customer is the person who purchases the product from the seller.
Consumer, on the other hand, is the one who benefits from the product.
For example, an individual buys a parker for his friend. The individual has done the
transaction with the seller. Hence, he is the customer of the company. However, the friend
is the consumer since he uses the product.
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Marketing Mix
The marketing mix model consists of 4 P’S for Marketing of a product and the service and
knowledge-based industry extend's the mix to 7 'S
Product
Product is the centrepiece of the marketing mix, includes the physical as well as the less
tangible aspects
Price
The price is the amount a customer pays for the product. Several
factors play an active role in deciding the price, including market
share, competition, material costs, product identity, and the
customer's perceived value of the product. The business may
increase or decrease the price of a product if other stores have the
same product.
Place
The place is also known as channel, distribution, or intermediary. It is the mechanism
through which goods and services go from the manufacturer/ service provider to the user
or consumer.
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Promotion
People
People are the most crucial element of any service or experience.
Services tend to be produced and consumed at the same
moment, and aspects of the customer experience alter to meet
the 'individual needs' of the person consuming it. Some ways in
which people add value to an experience, as a part of the
marketing mix, are - training, personal selling, and customer
service.
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Process
The process is an element of service that sees the customer
experiencing an organization's offering. It is something that the
customer participates in at different points in time. Here are
some examples to help build a picture of the Marketing process,
from the customer's point of view.
Example - Going on a cruise - from the moment of arrival at the
dockside, the process starts with greetings, baggage assistance,
restaurants and entertainment services, casinos, and shopping
experience. It then ends with arrival at the end destination.
Physical Evidence
Physical evidence is an essential ingredient of the service mix;
consumers will make perceptions based on their sight of the
service provision, which will have an impact on the
organization's perceptual plan of the service.
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Product Mix
The Product Mix refers to the complete range of products that are offered for sale by the
company. Let us understand the product mix with the help of the example of the product
mix of The ITC.
Product Line – An array of closely related products. Dairy products, smartphones, skin-
care products, hygiene products, and many more are examples of different product lines.
The products under one product line have a great extent of functional similarity between
them. there are 4 product lines of the ITC
The length of a product mix refers to the number of items in the product mix. For The
ITC, the Length is 11.
The Depth of a product mix refers to the variants of each product in the product line.
For example, in the case below of The ITC, curry, pastes, biryanis, conserves, and many
more. It shows the Depth of the food product line.
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The Consistency of a product mix shows the extent to which the product lines are
closely related to each other in terms of their end-use, distribution requirements,
production requirements, price ranges, advertising media, and many more. In the above
example, it is clear that ITC's product lines are less consistent as these perform different
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Segmentation:
Segmentation is the process of defining and subdividing a large homogenous market into
clearly identifiable segments having similar needs, wants, or demand characteristics.
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Targeting:
The selection of a segment and developing marketing
strategies that focus on meeting the needs of that particular
segment of the market.
We can mass target the product without differentiating at all–
e.g., commodities like salt, sugar, milk, and many more.
We can target multiple segments– e.g., Marie biscuits
targeting elders and seniors as well.
Alternatively, target a niche segment in particular– e.g.,
Horlicks Junior, specifically for kids.
Positioning:
Positioning is all about ‘perception.’ It is about improving a customer's perception of the
experience they will have if they choose to purchase the product or service. The business
can positively influence the opinions of its customer base selected through strategic
promotional activities and by carefully defining the business' marketing mix. Effective
positioning involves a good understanding of competing products and the benefits that
are sought by the target market.
Elements of positioning:
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Go-To-Market-Strategy
A Go-To-Market (GTM) strategy is a
comprehensive action plan that details how a
company (probably with a new product or a
service) would reach the end-customers and
achieve a competitive advantage. It generally
provides a business plan outlining the target
audience, marketing plan, pricing strategy,
and distribution factors.
Bonus: GTM Strategy vs. Marketing
Strategy – The Difference:
GTM strategy is a short-term, one-time
strategy that’s applied when launching a new
product and/or entering a new market. At the
same time, a Marketing strategy involves
your ongoing efforts to retain that
competitive edge and keep reaching your
end-customers. Although for the companies starting, both of the plans are the same, the
differentiation comes when they have successfully entered the market.
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Brand Equity
Brand equity refers to a value premium that a company generates from the sale of a
product with a recognizable brand image compared to a generic equivalent. Brand equity
is the value of a brand in terms of customer perceptions. Companies can create brand
equity for their products by making them memorable, easily identifiable, resonating with
customer demands, and superior quality and reliability.
Brand value reflects in the way consumers think, feel, and react towards a brand. It
consists of the prices, market share, and profitability the brand commands for the firm.
When consumers perceive highly about a brand, it is positive brand equity. However, if a
brand continuously fails to cater to consumers' expectations, it is negative brand equity.
In negative brand equity, consumers even defer other customers from buying the product
of that brand.
Substantial brand equity facilitates a more predictable income stream, increases cash
flow by increasing market share, and reducing promotional costs, and allowing premium
pricing.
Note: The revenue the company generates from the brand image is brand value. Most of
the cases, both the terms go hand in hand. However, if a product that produces less
revenue but highly perceived by the customer, has higher brand equity.
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Branding Resonance
Branding Resonance refers to the relationship customer has with the brand and how well
he can relate to it. The measure of how well the customer "resonates" with the brand. It is
the intensity of the customer's psychological connection with the brand and the
randomness to recollect the brand in a random situation. Branding resonance has four
stages: brand identification, brand establishment, eliciting of response, and relationship.
Brand Resonance Pyramid facilitates the accomplishment of pre-requisites of brand
resonance.
1. Brand Salience: It is the measure of how aware the customer is about the
product and how quickly he can recall the brand during purchasing.
2. Brand Performance: It gauges the brand's performance and how well the
product meets customers' functional needs.
4. Brand Judgments: The judgment the customer makes taking into account the
brand's performance and imagery.
5. Brand Feelings: The feelings customers have for the product and how they are
emotionally attached to the product.
6. Brand Resonance: This is the ultimate level every company tries to reach. It
denotes the psychological bond customer develops for the product.
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Brand Identity:
Brand identity is the way the company wants the brand to be perceived. It includes
everything from the language, logo, colour, design, organizational values owing to the
target audience.
Brand Image:
Brand image is the perception of the brand in the minds of the customer.
Brand Positioning:
Brand Positioning is the act of designing the company’s offering and image to occupy a
distinctive place in the mind of the target market. It describes how the brand is different
from the competitor’s product. It highlights in unique selling proposition for the product.
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SWOT Analysis
SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used
to evaluate a company's competitive position and to develop strategic planning. SWOT
analysis assesses internal and external factors, as well as current and future potential.
1. Strengths:
Strengths describe what an organization excels at and what separates it from the
competition: a strong brand, loyal customer base, a strong balance sheet, unique
technology, and so on.
2. Weaknesses:
Weaknesses stop an organization from performing at its optimum level. They are
areas where the business needs to improve to remain competitive: a weak brand,
higher-than-average turnover, high levels of debt, a small supply chain, or lack of
capital.
3. Opportunities:
Opportunities refer to favourable external factors that could give an organization
a competitive advantage. For example, if a country cuts tariffs, a car manufacturer
can export its cars into a new market, increasing sales and market share.
4. Threats:
Threats refer to factors that have the potential to harm an organization. For
example, a drought is a threat to a wheat-producing company, as it may destroy or
reduce the crop yield. Other common risks include things like rising costs for
materials, increasing competition, tight labour supply, and so on.
A company can use a SWOT for overall business strategy sessions or a specific segment
such as marketing, production, or sales. This way, you can see how the overall strategy
developed from the SWOT analysis will filter down to the segments below before
committing to it. You can also work in reverse with a segment-specific SWOT analysis
that feeds into an overall SWOT analysis.
Want to be a Pro at SWOT too? Just ask these questions!
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Pestel Analysis
Pestel analysis is a framework to analyze and monitor external factors that can affect the
performance and functioning of a given industry. Pestel analysis is considered explicitly
for starting a new venture or entering unexplored markets. PESTEL stands for Political,
Economic, Social, Technological, Environmental, and Legal factors. Let us further
understand each aspect concerning an example of the Automobile industry.
Political: Considered to analyze by what extent do government policies affect the
industry. It can include government policy, political stability, corruption, tax policy, trade
restrictions, etc. For example, Safety Regulations and Tax Norms are some of the political
factors affecting the automotive industry.
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Barriers to Entry:
• Economies of scale
• Product differentiation
• Capital requirements vs. switching costs
• Access to distribution channels
• Cost advantages independent of scale
• Proprietary product technology
• Favourable access to raw materials
• Favourable location
• Government policy
• It is not obliged to contend with other substitute products for sales in the industry.
• The industry is not a significant customer of the supplier group.
• The supplier group's products are differentiated, or it has built up switching costs.
• The supplier group poses a credible threat of forwarding integration
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Substitute Products:
Rivalry:
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ATL
BTL
1. Acceptability
Acceptability focuses on the PRODUCT offered. It asks the fundamental questions before
launching:
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• Is it easy to use?
• Is it sustainable?
• Does it meet the expectations of the customer?
Especially for rural markets, apart from offering products that are value-for-money but
certain add-on services help in gaining acceptability of these products. Thus, innovative
packaging, customized products can help in tapping the rural markets. For example:
❖ Godrej has introduced a refrigerator, Chotukool, for rural areas.
❖ Tata Chemicals introduced water purifier with the brand name as “Swach,” in the
rural areas explicitly targeting the lower-income group to resolve the problem of
irregular supply of clean drinking water
❖ Coca-Cola took an initiative to provide low-cost ice-boxes - a tin box for new outlets
and thermocol box for seasonal outlets to counter the problem of inadequate
supply of electricity and shortage of refrigerators
2. Affordability
Affordability focusses on the PRICING aspect. Rural consumers have low disposable
incomes, and they expect the products to be available at affordable prices. Several pricing
strategies have been employed by major brands to counter the issue of affordability like
Low Pricing, Less sophisticated but sturdy and utility-oriented product, refill and
reusable packaging, promotional schemes, credit facilities, etc. For example:
❖ Hindustan Unilever launched a variant of Lifebuoy in 50 gm pack at Rs 2.
❖ Cavin Kare introduced Chik shampoo in a small sachet of 4 ml at a low price of 50
paise
❖ Bharti Airtel launched an Rs.10 coupon, which would be remained valid for ten
days for the rural markets instead of Rs.30 recharging coupon, which has validity
for a month.
3. Availability
Availability focusses on the PLACE aspect. Due to poor infrastructure, more robust
distribution and accessibility mechanisms for putting into place. Brands have come up
with innovative solutions to counter this issue.
For example:
❖ Project shakti by HUL: HUL’s Shakti project associates various Self Help Groups
(SHGs) with business opportunities. Each Shakti entrepreneur services 6-10
villages in the population range of 1000-2000 people. With training and hand-
holding by the company for the first three months, she begins her journey selling
the products door-to-door.
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❖ Choupal Sagar by ITC: It is the first organized retail outlet in the rural market that
serves as a shopping and information centre.
4. Awareness
Rural India is mainly inaccessible to conventional advertising media like TV and
newspapers. Thus, innovative methods, like local language advertising, wall paintings,
direct-mail advertising, and product demonstrations, have to be implemented. For
example:
❖ Colgate uses Audio Visual Publicity Vans (AVP Vans) as a tool for rural
communication. Colgate van screens a 20-minute film on oral hygiene that
explains how to use the products and offers samples to the villagers during such
programs
❖ Brook Bond/Lipton India Limited has started an All-India campaign to promote
its Kadak Chhap tea through magic shows and skits. A local magician delivers the
message under the garb of a parody. At the end of the show, everybody gets a
sample pack
To sum up, the 4A framework is, in particular, for rural marketing in lines of the 4ps of
the marketing mix. The correlation is as under :
BCG Matrix
(Also known as the growth-share matrix or product-portfolio matrix)
BCG Matrix is a framework for analyzing strategic business units or product lines for a
given business portfolio. The collection is into four categories based on their relative
market share and growth rate.
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Thus, the market leader has a relative market share greater than 1.
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2. Cash Cows: Cash cows are products that have a high market share but low growth
prospects. Usually, these are in the maturity stage of their product life cycle. The
cash gained from “cows” is generally invested in stars to support their further
growth.
3. Question Marks: Question marks have high growth prospects but a relatively low
market share. They bring little in return to the money invested in them. Thus,
management needs to make an informed decision regarding these question marks.
4. Dogs: Dogs usually have a difficult time in making profits as market presence is
weak and has lesser growth potentials. These are cash traps for businesses and are
prime candidates for divestiture.
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Ansoff’s Matrix
Ansoff’s Matrix is a tool for strategic marketing planning. Also known as the Product-
Market Growth matrix, it allows businesses to evaluate their growth opportunities to
increase their sales through combinations of new or existing markets against launching
new or existing products and services.
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Physiological Needs: The most fundamental needs for human survival – Food, water,
clothing, sleep (maybe not much for an MBA student) and shelter
Safety Needs: We all strive for safety next, whether that be physically, financially, or
healthfully.
Social Needs: As a social animal, humans want a sense of belonging and acceptance
among their social groups (even if it’s a GoogleMeet)
Esteem: The need to give and receive respect through feelings of self-esteem, respect of
others, competence, confidence, independence, and freedom
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AIDA Model
AIDA Model is an acronym that stands for Attention, Interest, Desire, and Action. It
describes the stages a customer goes through during the buying process of the product. It
is a purchasing funnel where potential buyers decrease as we progress down the steps. A
consumer doesn't need to go through all the stages; a customer could directly jump from
Interest to Purchase or could detract from Desire back to just Awareness.
2. Interest
After gaining the attention of the customer, the brand must convey the benefits of
the products/services to potential customers. It should highlight the point that the
customer's needs are being satisfied. All the effort and capital to capture customer's
attention turns futile if they don't find the product/service useful to them.
Example: Availability of detailed information on the product/service through
videos, brochures, or on the website.
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3. Desire
Usually, the desired stage reaches when the customer is comparing the
product/service to that of the competitors; differentiation can make this stage
easier to achieve. However, it is possible in the best cases to create Interest and
Desire simultaneously.
Example:
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4. Action
After the brand creates Desire, a call to action is
necessary to compel the customer to purchase the
product/service. Discount deals, Free trials, No
interest EMI options can help push the customer to
make the final call.
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Don Schultze has defined IMC as – “a strategic business process used to plan, develop,
execute and evaluate coordinated, measurable, persuasive brand communications
programs over time with consumers, customers, prospects, employees, associates, and
other targeted relevant external and internal audiences.”
In other words, IMC is a marketing concept which focuses on delivering the message
through multiple communication channels such as advertising, social media, public
relations, sponsorships, sales promotions, and direct marketing. It ensures that all the
channels deliver a single clear and consistent message.
For example, Coca-cola is known for its integrated marketing approaches. Its ads resonate
with its tagline: “Resonate the feeling.” Even it conducts sponsorship events for college
students along with banners on places like a bus stop, stadiums, etc. Recently its
campaign: Share a coke was a huge hit.
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Marketing Myopia
Marketing Myopia as a concept was first introduced by Theodore Levitt, highlighting that
an organization's short-sightedness while marketing their brand cam impact their brand
in the long run. It highlights that for any business, anticipating the future needs and wants
of the customer is crucial to the market.
For example, Kodak positioned itself as a brand for photography, camera, and films.
Kodak wrongly assumed itself to be in the “Film” business rather than taking the entire
experience as a “Story-telling” business. Later, it entered the digital camera segment, but
by then, players like sony and canon had already taken over.
Another well-known example of marketing myopia is Nokia. It focussed on mobile phones
just for calls, messaging, and some inbuilt games. Later, when Apple and Samsung
entered the industry revolutionizing the smartphone industry, Nokia couldn’t cope up. It
failed to anticipate the future needs of customers and hence, had to give off its market
share.
Probable marketing myopias in the future could include the Dry-cleaning industry,
electric utilities, cable TV operators, etc.
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Engagement Rate
It is measured using likes, shares, and comments, and is a helpful metric to evaluate in
competitive marketing analysis. This is an important metric to keep an eye on because
higher consumer engagement is a sign of great content.
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Bounce Rate
A bounce rate in terms of search engine marketing is when a user lands on your site and
only views one page. Google Analytics will show you the bounce rate for your website. If
this number is high, you will need to make some adjustments. The more pages a user
views and the more time they spend on your site, the higher the chances for you to move
up in search rankings
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Influencer Marketing
Influencer marketing basically takes the idea of celebrity endorsements to modern-day
social media campaigns. Also, these influencers might not necessarily be celebrities, but
rather consumers who embrace relevant social media platforms to express their
knowledge, views, feedbacks and tips on a specific niche domain. Over time, these people
gather relevant audience and active followers through their content. Influencer marketing
focusses on using these key leaders to drive the brand’s message to their trusted followers.
Nowadays, brands prefer influencer marketing over other conventional digital marketing
mechanisms because of their authentic content which goes a long way in driving customer
loyalty and increasing repeated purchases.
Some of the well-known influencers on various social media platforms are as follows:
1. YouTube-
• Bhuvan Bam (BB Ki Vines)
• Gaurav Chaudhary (Technical Guruji)
• Sandeep Maheshwari (Motivational videos)
• Dr. Vivek Bindra (Business and entrepreneurship)
• Emiway Bantai (Rapper)
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2. Instagram-
• Shivya Nath (Travel Blogger)
• Shahnawaz Karim (Motorcycle and bike enthusiast)
• Ayesha Billimoria (Fitness influencer)
• Aashna Shriff (Fashion Influencer)
• Natasha Diddie (Food Blogger)
3. TikTok-
• Faisal Shaikh
• Arishfa Khan
• Jannat Zubair
• Nisha Guragain
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Gaurav Chaudhary aka Technical Guruji on YouTube Shruti Arjun Anand endorses beauty
products on YouTube
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Revelation shoppers are the ones who are focusing on the things required by them
during this lockdown. From grocery to electronic gadgets, the demand has surged a lot
since lockdown.
Research shoppers or, the bargain shopper. This shopper will hunt for bargains.
Restricted Shoppers are the ones who, when deciding where to shop, look for retailers
with visible safety measures such as enhanced cleaning and physical barriers. Besides,
they buy more from companies and brands that have healthy and hygienic packaging and
demonstrate care and concern for employees.
During these trying times, consumers have a heightened awareness of how businesses
interact with stakeholders, local communities, and society more broadly.
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1. Sense of Community
The pandemic has changed how connected we are. People are staying home to
protect society, sacrificing for the greater good. It will change the mindset of people
when they shop from now on. Brands need to invoke the sense of community and
togetherness, which is needed right now. Advertisements now need to be useful,
show empathy, and subtly show support for the cause.
2. Brand Identity
Brands cannot lose their identity just to jump on the bandwagon of togetherness
and community. Brands will have to strike a delicate balance and not only with
catchy slogans but through action.
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Example:
Nike is asking consumers to “play inside, play for the world.” The brand backed
that messaging up with a campaign that waived fees for premium programming
on the Nike Training Club app.
3. Opportunity
‘Never let a crisis go to waste.’
Right now, internet usage is up by 50 to 70 percent. While demand is undoubtedly
low, customers are engaging. Now is the time to experiment with marketing
strategies and tweak the long-standing policies. The focus should be on creating
powerful online connections by humanizing the brand and speaking to consumer
concerns.
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On the other hand, the e-commerce segment has witnessed order volume growth of 17
percent in June 2020. More importantly, the current scenario has created many new
online customers from smaller cities.
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Source: https://redseer.com/newsletters/ 1
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“In times of crisis, the wise build bridges while the foolish build barriers.”
- Black Panther
The dialogue from the marvel movie resonated much likely to the situation marketers are facing
in the COVID-19 era. The main villain in the scenario for physical goods has been the SCM per se
SUPPLY. For people tending not to venture out, and demand for e-commerce rising swiftly, the
need of the hour was “Availability” instead of “Brand name/Brand value.”
The shocker for all the henchman of “Branding” was that majority of the consumers were buying
any brand based on availability, which provided an opportunity for local “kinara-wala,” however
smaller & direct-to-consumer brands. It is owing to the sloppy supply chain & availability to
generate products for replenishment orders. Even big brand names & listed companies have either
had a decline or stagnant sales growth. E.g., According to economic times report, HUL’s m-cap
dropped by Rs. 2,954.95 crores to Rs. 3,95,335.97 crores. Also, as per the recent study, regional
brands managed to gain a fairly good market share specifically for health sanitization products.
The greatest example of this is our very own “Parle-G,” which recorded sales increment of about
5% in market share in the highly competitive biscuit segment. It seems that the consumer
purchase intent has remained steady with the highest purchase category being beauty (personal
care supplies), cleaning products along with the “winner” being the grocery goods (staple food,
snacks, confectionery, etc.)
The whole perspective change of branding was no magic pill for the sales, but only the fact that
smaller and community firms with non-shoddy decision making emerged to cope with the scarcity
in a better way. Thus, the takeaway being even after the pandemic scare reduces, the need for all
the brands is to focus on accessibility, availability, and robust supply chain management.
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1. https://www.smartinsights.com/
2. https://strategicmanagementinsight.com/
3. http://www.quickmba.com/
4. https://www.professionalacademy.com/
5. https://www.thehindubusinessline.com/opinion/what-will-consumer-behaviour-post-
lockdown-look-like/article31786475.ece
6. https://www.financialexpress.com/industry/millennials-will-buy-in-revenge-once-lockdown-
lifts-consumer-behaviour-to-change-in-these-ways/1943322
7. https://brandequity.economictimes.indiatimes.com/news/marketing/bharatpe-encourages-
staying-safe-sanitized-through-new-campaign/77540284
8. https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-
supplies-liquor/covid-boom-ready-to-cook-food-sales-rise-as-india-gives-stay-at-home-
advise/77010967
9. https://retail.economictimes.indiatimes.com/news/industry/rethinking-retail-post-covid-
19/76995377
10. https://brandequity.economictimes.indiatimes.com/news/marketing/brand-or-availability-
what-took-prominence-during-the-pandemic/76921011
Though our efforts were to make this document rich with correct information, there could have
been chances where errors would have crept in.
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