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PBM MYNTRA - Assign 1
PBM MYNTRA - Assign 1
Assignment No. 1
By Group 4-
Joanna Grace- F20092
Simran Gupta- F20116
Greeshma Merin Matthew– F20140
Rishabh Bisani- F20161
BRAND LOGO
ELEMENTS
“Ramp it up
India’s Largest Online
Fashion Store”
• Being India's largest e-commerce store
for fashion and lifestyle products, Myntra
endeavors at providing a hassle-free and
pleasant shopping experience to customers
across the nation with the widest variety of
brands and products on Myntra App.
CHALLENGES
OF MYNTRA Deteriorating levels of customer
satisfaction
BRAND EQUITY
More than 1.5 lakh items Discount Coupons are There is no need to fight
Finance/Records are
from over 1000 available in a variety of your way through the
simple to organize.
companies are available. payment options. crowd.
Myntra Amazon
Points of difference • Targets fashion enthusiasts • Low prices
• High social media presence • Global brand
• Easy to use app • Focuses on Niche strategy
• Product differentiation through • Cost leadership
customization
Myntra has signed up Hrithik Roshan, Vijay Deverakonda and Dulquer Salmaan as its newest
brand ambassadors, alongside the existing celebrity ambassadors, Kiara Advani, and Samantha
Akkineni, to emphasize its hold on the Indian fashion sphere.
CORE BRANDING ASSOCIATIONS
Excellent
shopping Innovation
Experience
MENTAL
MAP
Personalized
Gamification
products
Private fashion
Labels End of Reason
sale
Revenue up by
50 million visitors
58% to Rs. 1719
for “End of Reason
crores as of FY
Sale” in June 2021.
2020.
BRAND PERSONALITY
Social Media- Collaboration with SMS Method-Myntra’s SMS Television commercials-Ad Billboard Advertising- For offline
various content creators, marketing in two words is “Short campaigns in regional languages to visibility, Myntra uses the
celebrities, fashion bloggers, and and Sweet.” like “It’s on the house! pitch audiences from different conventional strategy of advertising.
bloggers on social media Buy 1, get 2 Free.” regions.
platforms.