Professional Documents
Culture Documents
Presented By: Rashmita Gohatre Amey Kumbhar Chaithra Mohanan
Presented By: Rashmita Gohatre Amey Kumbhar Chaithra Mohanan
Rashmita Gohatre
Amey Kumbhar
Chaithra Mohanan
* Oneof India's largest home-grown companies, Videocon has
had an image makeover that portrays it in a more modern
light.
• Durables major Videocon rebranded itself in June
2009
• It shed its solid steel 'V' for a more fluid, lava like 'V',
coupled with a new proposition – 'Experience
change'.
Prior to this, the brand has banked on other
taglines, such as
Technology for health and pleasure
Bring Home the Leader
New Improved Life
The Indian Multinational
Whatever role life gives you, play it big
Eco Logic for sustainable life
The brand, has been in existence for more than two
decades, has managed to target middle class segments
It is perceived as a brand for the Indian middle class -- no
frills, no glamour, simple, reliable and hassle-free.
This rebranding exercise is being read as cues of
Videocon making forays into the premium segment.
Cont…
However, in the high-end products segment, Videocon
is way behind Samsung and LG.
For example, the window air-conditioner category is
doing well, not much is happening for the brand in the
split air-conditioner category.
With the present generation of consumers moving fast
towards the premium segment, even for their first
buys, the brand is not being seen as the preferred one.
As a result, it is not able to cash in on the high growing
segment, which is the premium category of products.
Cont…
This prompted Videocon to opt for a change.
It has decided to focus on the premium segment
and would now diversify into other related high-
growth categories with the launch of its mobile
services, handsets business and IDTV/D2H (in-built
set-top box with single remote).
Videocon expects to double its turnover in the next
couple of years, and a large part of the increase is
expected to come from these high-growth segments.
The brand will also be positioned to make a connect
with the hearts and minds of young-at-heart
consumers.
Cont…
Adds, K R Kim, vice-chairman and CEO, Videocon
Group, in a communiqué, "The rationale
behind Videocon's brand evolution
comes from our constant endeavour to
listen and respond to the changing
market dynamics in India and
overseas."
The re-branding comes after a major review of the
brand's advertising and media planning.
The group had put up the account, estimated to be in
the region of Rs 200 crore.
To communicate the change in identity, the brand
engaged in strong marketing initiatives and
promotional campaigns across all the media, including
print, electronic, radio and various BTL and on-
ground activities, marketing collaterals and visual
merchandising.
• Fresh and Relevant
It was a campaign that had a whiff of fresh air and also
projects a brand identity that people can relate to easily.
• Vibrant
The green colour for the “V” logo is Vibrant, appealing and
also provides continuity from its earlier green products
platform
• Well Launched
The decision to launch the campaign at the IIFA 2009 was a
masterstroke since it guaranteed eyeballs and also combine
its punch line with IIFA’s green pledge.