Showing posts with label Amul. Show all posts
Showing posts with label Amul. Show all posts

Sunday, December 6, 2015

Updates || Cheena Pasrija || IIM Shillong || November 2015 edition



BRAND LAUNCH


Brand Medimix to be launched in Sri Lanka 

FMCG player Cholayil Private Ltd today declared dispatch of Medimix cleansers in Sri Lanka. Chennai-headquartered organization’s items are presently accessible in 26 abroad countries, other than the Indian business sector. Pradeep Cholayil, managing director, Cholayil P Ltd said Sri Lanka expansion is part of company’s overall strategy to expand Medimix brand in international markets.



Hyundai to launch Genesis- the new Global luxury brand for the Company

The Hyundai Motor Company has declared an all-new worldwide extravagance brand – Genesis – that will convey ‘human-focused’ extravagance through a scope of new models that element “the most astounding gauges of execution, design and innovation”. Genesis will look to create a new meaning of luxury, that will provide a nuave platform for future mobility centered around people. By anticipating human needs at every touch point, Genesis models will embody four key aspects: human-focused innovation, refined and balanced performance, athletic elegance in design and hassle-free customer experience” says Hyundai.

BRAND WATCH


Study shows Amul as the most meaningful brand in India

According to the study conducted by Havas Media, Amul has emerged as the most meaningful brand in the country. The other players in the race were Cadbury, Google, Britannia, Life Insurance Corporation (LIC), Microsoft, Intel, HP, Parle and Samsung. Globally Samsung, Google and
Nestle emerged as the top rankers.



Disney looking forward to building a Brand in India

After a not so great start in the country, Disney India which a part of the American conglomerate Walt Disney Co. has a slew of movies lined up for the year 2016. The films have big names like Aamir Khan, Ranbir Kapoor and Ashutosh Gowarikar attached to it and it is estimated that these 3 films alone are riding 450 crore on its shoulders. The Walt Disney Co., which set foot in India in 2004, additionally has a vicinity in the Indian market through its auxiliary, UTV Motion Pictures. Disney even has a controlling stake in UTV
Motion Pictures.


MEDIA


Media should be blamed for Modi shaming India in London


Prime Minister Narendra Modi faced some sharp questions at a press conference in London, which were quite different from those he is used to being asked in India. The way our anchors gush over Modi on Social Media, one can’t even point the finger at him for not tending to a solitary question and answer session after expecting office. Both online and offline, our standard media straightforwardly derided those giving back their honors. Most recently, some of the big names of Media have been exposed. Its high time our media stops showing larger than life picture and starts asking pertinent questions to the Prime Minister so that the country does not have to feel the shame ever again.

AD WATCH


HARLEY-DAVIDSON - Inner Child


Harley Davidson has come up with an extremely powerful advertisement that highlights the internal freedom and innocence of a human being. It showcases the journey of a man to meet his inner child. The concluding tagline sums it all: - “Whatever is in you, is out there.”

Youtube link: https://www.youtube.com/watch?v=X1NYIYd54JQ

Monday, November 23, 2015

Cover Story - All about Real Time Marketing || Mehul Jogadia & Sumon Chaudhari || IIM Shillong || September October 2015 edition


ALL ABOUT REAL TIME MARKETING


In Marketing, every now and then comes along a new word that sticks. Some dismiss it, claiming it to be just another fish in the sea, a distraction, but a few indulge themselves in it. They let it grow, believing this new thing would change the face of marketing forever. You can imagine these CMO’s scurrying around their offices like Archimedes through the streets of Syracuse yelling “Eureka!” when they first discover it. We’re going to talk about Real-time Marketing (RTM) and I’ll let you be in-charge of dismissing it or running around the office yelling “Eureka” It all began in February 2013, with an interestingly clever live tweet by Oreo during the Super Bowl blackout at the Super Dome. All it said was, Power out? No problem. “You can still dunk in the dark”. Do you see the beauty of it? It sparked a craze amongst marketers across the globe. To their utter dismay marketing managers since, have been often asked by their bosses. “Hey, why can’t we do something like Oreo?” 

Brands have tried to recreate that magic though, with little success. I’m sure brands have been doing this long before Oreo but what this particular incident did was get everyone’s attention. Real-time marketing has been described by a few as the practice of brands engaging their audience via content, advertising, and product placement that is relevant to a specific current event or cultural happening. The content is most often in the form of a “meme” or graphic poster that is usually shared through social media channels. What makes real-time marketing so interesting is that it goes against the way we have been trained to think about marketing. Meticulous planning, research, understanding how the consumers would behave to our communication strategy among others. 

We probably spend weeks and months together to develop our marketing campaigns, perfecting them until the last minute. And here comes real-time marketing telling us that all that is good, but real conversations happen in real-time. ‘Marketing on-the-fly’ sums it up quite well though, I’m sure my marketing professor would not be too pleased with that definition. With brands embracing social media as a vital component of their marketing communications, realtime marketing becomes crucial. It offers brands an opportunity to engage with their fans, break through the clutter and resonate on real-time. Do this better than your competitors and you stand to gain. Let us look at a few examples of real-time marketing in the Indian context. Sometimes pictures need a fair bit of editing before it could be uploaded on social media. 

Flipkart had to learn this the hard way, as Reddit India made fun of them on Twitter for having an
Amazon delivery box in a picture of their office. Flipkart quickly retorted by suggesting they were using the box as a wastebin, but no one was about to buy that argument. The damage had already been done and Amazon quickly jumped into the conversation by simply stating that “There is a bit of Amazon in every eCommerce company”. Imagine asking for bathing soap and getting dishwashing soap instead. Doesn’t seem like a pleasant experience, especially if you’re an Indian consumer who is not the easiest to please. Now imagine asking for a Samsung Galaxy smartphone and getting a dish-washing soap instead. I am sure all of you are imagining a guy, sitting at home, opening his package and going absolutely ballistic. 

Well, this is what happened when Snapdeal accidentally delivered a Vim bar instead of the expensive phone that was ordered by one of its customers. Naturally, the man reached out to Snapdeal, demanding they do right by him and yes, the man did get his money back. But what made this seemingly infuriating experience excellent, was when HUL somehow caught wind of the incident and sent the man the phone he was looking for, by mail. The customer was ecstatic on receiving the
phone and the incident went viral on social media, which made HUL ecstatic as well. Audi and BMW have shared one of the most intense rivalries in business history. This rivalry has especially intensified over the past few years. This brief “billboard-war” perfectly captures that rivalry. Even if we look outside these prominent albeit rare examples, we could see larger than life companies incorporating real-time marketing tactics on a regular basis. 

Amul, one of India’s largest companies, has always strived to use current affairs in their promotions. For a long time, these milk moguls have entertained us and delighted us with their insightful. One of
their most popular, recent works is the caricature they made of Virat Kohli and the Amul girl dancing, with Anushka gazing at the couple helplessly. The circumstances surrounding the incidence was well documented, as Anushka was being blamed for Virat’s lacklustre performance in certain world cup matches. Through such ad campaigns over several years, Amul has shown that in order to be brilliant real-time marketers, you don’t need to be extremely tactical or deep-pocketed; if you’re creative enough and fast enough, you can outwit the best of them. Verdict: Real-time marketing does sound like an interesting trick to have up your sleeve but if you’re not too careful about how you use it, it may occasionally back fire. As one market very aptly put it: Real-time marketing success requires happenstance. Marketing cannot be built on happenstance. 

We as marketer still have a long time to go before we make ourselves comfortable in the skill of real-time marketing until then we have to do what we know best. Here’s what Edelman’s Global Strategy Director David Armano has to say about real-time marketing: “If real-time marketing is the thing that introduces change into our organizations – so be it. But it cannot be the strategy that drives that change.” Brian Solis, a digital marketing analyst echoes the same. He is of the following opinion: “Don’t compete for the moment. Compete for meaning. If you compete for the moment you’re irrelevant“ There has been a lot said and written about Real time marketing, everyone has an opinion. A lot of brands have tried and failed in their attempts. Marketers today are wary of real-time marketing though, a few have learned to embrace it. In our opinion, today with digital media we have more insights into who our customers are and how they perceive our brands than ever before. 

The ball is in our court, it is up to us as marketers to decide what to do with this data. Any brand looking to benefit from real-time marketing need to look at two things: Ensure that they have the internal resources to indulge in real-time marketing and secondly, understand their customers’ behaviours before they take the leap.

Perspective - Marketing : Where change is the only constant || Ankit Pathak, Udit Bhatia & Sravan Janaswamy || IIFT || August 2015 edition


“Brands have assumed the role of a mother, a friend and even a guardian angel”

The changing consumer tastes
A catchy song, some fancy cartoon characters and a story line that shows them trying foolish steps and ending up hurting themselves. No, this wasn’t a promo for an upcoming Disney movie. It was an ad campaign launched by Metro trains in Melbourne, Australia, promoting rail safety. The campaign, launched with the theme, ‘Dumb Ways to Die’ was an instant hit and was soon trending all over on the social media. A decade or two ago, who could have thought that those boring text laden railway safety posters get so interactive? Perhaps, that’s the beauty of marketing, it gives you more than expected. The marketers have realized that their job is not to promote the products but to promote the utility that their product serves. When Nike launched its campaign, ’Just Do It’, somewhere in the late 1980s, it had similar objectives in mind. Before that it exclusively catered to the sports professionals. But in the 80s, trend to stay fit emerged among the masses and Nike struck at the right time to gain an edge over its primary competitor ‘Reebok’. The ‘Just Do It’ campaign was targeted towards the health conscious people for whom fitness mattered and were willing to toil for it. It encapsulated the feeling that they had, when they were half way down the exercise routine and were about to give up. But then, somewhere from deep within, a voice emerged and coerced them to go on. That voice was ‘Just Do It’. And it still inspires people. Here Nike didn’t directly promote its brand or product but the very utility that it served. As a result, its sales shot up from $800 million in 1988 to over $9.2 billion by 1998. However, the trends have changed over the years. Now brands don’t just sell articles that you buy when you need them but they have assumed the role of a mother (Johnson and Johnson’s), a friend (Bagpiper) and even a guardian angel (Max New York). Companies have realized that demand or trend may change but a relationship lasts forever, that’s why the campaigns are now addressed in such a way that the customer believes that the brands care about him. When P&G designed its ‘Thank You,Mom’ campaign for the 2010 Winter Games, it didn’t had any particular product in mind. The campaign was aimed to present the brand as the sponsor of moms who toiled and sacrificed to prepare their babies to shine at the world stage. As Mr. Pritchard, P&G Global Brand Building Officer, told in an interview, “We found a lot of times that when people know a brand is from P&G they feel better about the brand”, he further added, “And when they know P&G has all these brands, they feel better about P&G.” That’s how he succinctly sums up the shift that marketing has taken now. 

Doing it with a rapture
Marketing is about capturing the imagination of the populace. As the imagination can move forward in leaps and bounds, so marketing has to keep pace. But the challenge has shifted to a different level in the twenty first century, with the emergence of digital technology and social media, the demarcation between the regions has dissolved and this intermingling has posed forward a complex situation for the marketers who now have to cater to a more informed and an ever more global audience. As Marshall McLuhan puts it, “Historians and archaeologists will one day discover that the ads of our time are the richest and most faithful daily reflections any society ever made of its whole range of activities.” One of the most remarkable marketing campaign of 2014, i.e. the election campaign of BJP stands a testimony to his statement. Even after all these evolutions, the fundamental principles of marketing remain the same. The difference lies in understanding the subtleties and implementing them in innovative and creative ways. The most successful of campaigns aren’t the ones which involved some rocket science, but they are the ones which captured something so simple that people had kept ignoring it. The ‘Tap Water’ campaign by UNICEF was one such initiative. Launched on the World Water Day 2007, the campaign has raised more than $2.5 million till date to support UNICEF’s initiative to provide drinking water to poor children. The campaign involved asking people to donate $1 along with their restaurant bill to help UNICEF provide potable water to a child for forty days. The idea behind the campaign, was very simple as explained by Mr. David Droga, the agency founder and creative head of Droga5, the agency behind the campaign. The idea struck his mind when once, upon a casual visit to a restaurant, he was served a glass of drinking water by the waiter, as soon as he took his seat. He put on his thinking cap and wondered that despite so much branding of the water by the companies, one of the largest consumed water, i.e. tap water, remained unbranded. He soon brainstormed to find an idea to brand the tap water and came out with the ‘Tap Water Campaign’ of UNICEF, where people were asked to pay $1 for that complementary glass of water. 

Towards a digitized ecosystem 
Digital marketing has emerged as one of the greatest disruptors ever, in the field of marketing. The advantage offered is that the marketers can more interactively engage with their audience and the scope for targeted marketing enhances manifold. Digital marketing offers huge depth and breadth in terms of achievable synergy. Here, the brands don’t have to invest huge amount of money to get noticed. If the content is good, the consumers themselves act as promoter and in the virtual world; it doesn’t take long for something to go viral. The marketing is usually content driven here and is almost impossible for a brand to force something down the throat of a customer until and unless he likes it. But a thing that necessarily needs to be there in a successful digital campaign is creativity and innovation. The ‘ALS Ice Bucket Challenge’ took the concept to a new level. It elicited donation for the ALS patients through an interesting challenge, which was circulated through the online world. The participants had to pour a bucket of ice over them within 24 hours of receiving the challenge, and if, however, they failed to do so, they required to make a donation to the ‘ALS Association’. The campaign saw the likes of Bill Gates, Jeff Bezos, Oprah Winfrey, Akshay Kumar, etc. participating and the others like Barack Obama, David Cameron, etc. who politely declined and chose to make a donation instead.

Collage: self-composed
But along with the perks, the digital world also has its disadvantages. The dissatisfied customers can badmouth the company to a much larger extent than they were previously able to do. Amul was at the receiving end in one such incident when Ms. Neha Tomar posted a pic on her Facebook account on 10th October, 2014, showing a packet of ‘Amul Gold’ milk along with another image attached with it, which depicted a hardened elastic material which she claimed to be the same milk, gone rancid. The matter was soon in public domain with a litany of comments thrashing Amul, which later came out with a clarification accusing Neha to have forged the post and images. Although Amul showed promptness in the above case to divert a fiasco but this incident highlights the potential of the digital media to tarnish the image of a brand by any common dissatisfied customer. A flurry of outrages happened when Flipkart failed to satisfy the customers during its mega sales on ‘Big Billion Day’. Brands have to maintain a constant vigil on social media to monitor the news, posts and tweets trending about them. But sometimes this promptness can also be a cause of concern for the brands and may result in embarrassment. Flipkart burnt it hands multiple times when it tried to address the consumer grievances on twitter. One of the famous trolls occurred when a consumer complaint that he was facing problems with the payment gateway while trying to buy an iPhone. When Flipkart asked him to share the details, he replied that there is no Kidney on Delivery option that the people keep talking about. As 19th century US author Ralph Waldo Emerson puts it, “This time like all times is a good one, if we but know what to do with it.” The marketing has seized to be an isolated department in brands and now it has shifted more towards the overall functioning of the brand. It involves coherence and a single mistake or non-alignment to the central image can turn into a fiasco. But at the same time, it presents an epochal opportunity for the markets to foray into the segments; they have never gone into before. Marketing has gone through many changes but the challenges and opportunities faced in the present time have been unprecedented. Any reluctance on the part of marketers to adapt to the changes can be suicidal, like the Kodak and Nokia case. The twenty first century has made the marketers realize the intransigency of presence like never before. The brand can be the leader in a segment on one day and can be finished the other due to lack of imagination. So, marketing has to integrate itself with the brand in such a way that neither the employees nor the customers can distinguish between the two. This is going to be the key in the coming times. Because only in such a case, it will be able to form a long-term relation with the customer and gain the loyalty, which is much needed to survive in the long term.