I am in food business as well and fortunately marketing personality!! And i believe building a brand is ongoing process and your own unique branding idea comes from you. Yes YOU, no consultant can create a DNA for your brand; of course they can help in execution and makeup.
Sunday, February 24, 2013
How to build a food brand~
I am in food business as well and fortunately marketing personality!! And i believe building a brand is ongoing process and your own unique branding idea comes from you. Yes YOU, no consultant can create a DNA for your brand; of course they can help in execution and makeup.
How to build a food brand~
I am in food business as well and fortunately marketing personality!! And i believe building a brand is ongoing process and your own unique branding idea comes from you. Yes YOU, no consultant can create a DNA for your brand; of course they can help in execution and makeup.
How to build a food brand~
I am in food business as well and fortunately marketing personality!! And i believe building a brand is ongoing process and your own unique branding idea comes from you. Yes YOU, no consultant can create a DNA for your brand; of course they can help in execution and makeup.
How to build a food brand~
I am in food business as well and fortunately marketing personality!! And i believe building a brand is ongoing process and your own unique branding idea comes from you. Yes YOU, no consultant can create a DNA for your brand; of course they can help in execution and makeup.
Saturday, February 23, 2013
gr8 words
is it just thirst!!
| Are we really thirsty or are we buying in to the temptation of thirst. India is a hot place and Indians are hot too, because we work hard in such unbearable climate of ours, though sometimes we also work smart from our AC offices, but most of the time we are on the fun side, we are out in the crouching sun meeting people and addressing issues that makes a world of a difference to us and suddenly we feel thirsty, what we do? We go out buy coca cola???, surprised, i agree any being will go out and buy only bisleri to satisfy his thirst. But then here we are just not talking about a simple thing called thirst but a very sophisticated thing called choice. Some are made by our taste buds, same by our pockets, same without much thought, and some are made simply- whatever or may be some because you like the product or brand? but ultimately we simply satisfy our thirst, enjoy the moment and forget until again we feel the urge. Have you ever given a thought on what you need and what you want? If you have then I am sure you like the feeling. |
finding Connection of a different kind
Multiple TV stations : 2 in 1990 and 275 in 2005
Multiple TV sets in the Household : Predicatable family viewing changing to less predictable individual viewing
Niche Channels : From one mass channel giving all kinds of content to the rise of Specialist content channels
Newspapers sizes : Leaner Newspapers have turned bulkier
Newspaper offerings : Huge Proliferation of speacialist content through Multiple Sections within Newspapers resulting in Segmentation of Reader on the basis of Section/ Topic
Newspaper domination in most Metros : Earlier single newspapers. Now 2 or 3 large players fighting it out segmenting the market
Internet, Multiplexes, SMS, B2B Magazines, Outdoor Media to Out-Of-Home Media, the list of a rapidly changing Media is endless...
In this sort of a situation, what should happen to age-old Business practices? Can the rules of TV Media Planning be sacrosanct in a 30 channel scenario to a 300 channel scenario? How do we compute the effectiveness of all the pieces within a media plan? For Media owners, what does the new complexity mean? The western world had been rocked by consumers time and attention with TV, Newspapers peak and then start waning. Can our Media owners ever cope with that reality that the audience growth or the audience patronising in the form of increasing time spent on their medias could at some stage start declining? What's happening in the US - the outcry from Advertisers that they will not pay for a 'mere exposure' but want to test the real audience interaction, the audience "engagement...more info www.mediae2e.com
connecting likes...
the master connector!!
“A Customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is a part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so.” - MK Gandhi
cycle is taking its curve much faster!!
Market Size
Unorganized market: Rs. 902 000 cr (to grow by 5 percent per annum)
Organized market: Rs. 35000 cr (to grow by 25 to 30 percent per annum)
Includes organized Food and Grocery Rs. 600 crore
(Govt. Statistics www.nic.in)
Categories of Retail Models in India
Discount store (supermarket, hypermarket and other formats)
E.g: Shubhiksha, Margin Free (kerala), Big bazaar etc
Dedicated brand outlets
Exclusive showrooms either owned or franchised out by a manufacturer. E.g: Nike, Reebok, Zodiac etc
Multi-brand outlets
These stores specialize in stocking products of different brands of singular category. They can also be classified as company owned and operated stores. E.g: Vijay Sales, Viveks, Witco, etc
Supermarkets
A large self-service grocery store selling groceries and dairy products and household goods
E.g: Food World, Nilgiris, Shubhiksha, Monday 2 Sundays etc
Hypermarkets
A store that combines a supermarket and a department store. The result is a gigantic retail facility that carries an enormous ranges of products under one roof, including full lines of fresh groceries and apparel.
E.g: Big Bazaar, Giant, Star India Bazaar etc
Department Stores
A Store that organizes its goods by departments, such as women's clothes, home furnishings, electronics, and the like, department stores range from collections of elaborate, fancy shops to practical outlets for ordinary merchandise. They differ from ordinary stores principally because of their size and range of merchandise.
E.g: Pantaloon, Lifestyle, Shopper stop, Westside etc
Specialty Chains
These are small stores that specialise in a specific range of merchandise and related items. Most stores have an extensive width and depth of stock in the item that they specify in and provide high levels of service and expertise. E.g: Furniturewalla (type of furniture), Evoluzons (designer cloths), Planet M etc
Company owned and operated stores
These stores are company operated and usually sell merchandising at seconds or at discounts. They are similar to the Multi- brand outlet, only difference is, they only showcase company owned brands.
E.g: Megamart
Leading National level Hypermarket
Spencer’s Hypermarket
Mega value. Maha khaushi
Spencer’s Hypermarket promoted by RPG group which also run chain of “Food World” supermarket in south, currently the hypermarket is operating from two locations Hyderabad and Mumbai, Spencer's Hypermarket sells all its goods below the Maximum Retail Price (MRP),
Brand: GIANT (Supermarket and Discount store format)
Widest range of products at the lowest price is the USP used
Air-conditioned, clean, comfortable, well-stocked and laid-out setting used as differentiator.
B2C and membership based B2B model in use.
Offers 3 levels of discounts. These levels are linked to the units purchased and translate into significant savings at each level of consumption.
Focus on own private label
50,000 products / 1,20 000 Sq.ft
Big Bazaar
Isse sasta aur accha kahin nahi
Big Bazaar Hypermarket promoted by Pantaloon India Ltd, which is in the business of retailing from 1987, since then it has expanded to large format supermarkets, departmental stores, hypermarkets and malls. Big Bazaar Currently operating in more than 13 locations, it sells all its goods below the Maximum Retail Price (MRP).
Brand: Food Bazaar, Gold Bazaar
Price and the wide array of products is the USP.
Targeted to the middle class and anyone who want goods at affordable price.
‘Family focus’, this strategy of the company is reflected in all its communications and product offerings.
More for less is the philosophy of the hypermarket
High service level and good ambiance used as differentiator.
Focus on own private label
1,70,000 products @ 6- 60 % discount
Star India Bazaar
Chota Budget, Lumbi Shopping!
Hypermarket promoted by Trent ltd a company of TATA GROUP, which is in the business of retailing; it runs famous “Westside” a large format departmental store. Star India bazaar Currently operating in Ahmedabad only, it sells all its goods below the Maximum Retail Price (MRP).
Focused on the requirements of the entire “Indian family”.
Added value by private label card (The Star India Bazaar private label card, which offers discounts to members),
Widest variety of products and great savings opportunities at the hypermarkets is the USP
Catering to the middle-class demand by offering products at affordable prices.
Each Star India Bazaar will be around 50,000 sq feet in size.
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The recent spurt of hypermarkets initiated by leading business houses targeting masses are one of its kind were focus is on low price and mass-market products.
Hypermarket business world over is price centric, and economic of scale dominates, similarity is seen in India too with likes of Big Bazaar, GIANT, and Star India Bazaar luring consumer with lowest price offerings and wide assortment of mass products.
In India it is at very nascent stage, known industrial group are cashing on the retail boom, expanding nationally to compete and to acquire greater market share and mind share. Some of the leading business houses like Reliance, Landmark Group (Dubai), Bharti (Airtel), Shopper stop ect will enter in near future. One will also find real estate biggies diversifying in to retail with joint ventures.
While Price, Product and Place playing major role in the initial stages of these hypermarkets to capture the market share. People, Process and Promotion will become important to sustain and grow the brand to compete for mind share in the future.
In the second phase of growth, one will see new kinds of specialist hypermarkets selling specific products targeted to all the segments of audience at various price points. This further will give way to theme base hypermarkets, hypermalls etc.
Share your thoughts, spot or predict the trend to come...(innovation, technology, consumer, competition, formats, promotions ect...
thought!
“Things are loved and People are used”
Observed absurd
Life is short and travel time is long, what do people do in such free time …20% people take time to chant mantras (repeating gods name), 20% people talk to each other about (god knows what), 20% people just thinking, they are the thinking people (they just might think of lot of thing that we can’t think of), and finally 39% people read, my strong feelings says they read only newspaper. (because this is information age)
1% is the king of all the category of people, they don’t do anything, they just do time pass with 99% who are doing something.
TOI and Hindustan times you will blossom human's lotus.
who wants you!
Type 1: one who wants to be with a brand
Type 2: one who want brands to be with them
Type 3: one who need no brands
Connection Granted!
I get some you get some. This funda is working for marketers and the consumers. Get paid to get ads on your mobile phones.
Check the link below and try for yourself.
http://www.mginger.com/index.jsp?inviteId=437579
Evolving in the evolving society
Connect like the way STARS do
Commercial brands do this all the times i.e. finding ways to differentiate themselves from other brands, but are unsuccessful connectors. Most of the brands try hard but sadly still finding the answers. One reason is- they are trying to answer the wrong question “How should i connect?”
Look at STARS / POPULAR SINGERS (Michael Jackson, Madonna, Elvis Presley) they are true connectors. They market themselves uniquely. They are open to people, they talk about themselves and also, lets people to talk about them. What happens…they do what they like and showcase their qualities to “all the people” (consumers) and if people like them, these STARS (P. Diddy; Sean John) have a “select fan followings” (T.Group) to cater to. These fans “choose” the STARS for their “unique qualities”, not other other way round.
Once STARS identify which “select people” like them and for "what reasons”, they try to understand what they want and fulfill their needs by offering more music/movies or products.
So, what are they doing right that commercial brands are failing to do. The answer is STARS don’t ask, “How should I connect?” instead they freely showcase there Unique Qualities, then identify “who wants to connect with them” and then tailor make their offerings (entertainment) and satisfy there TG. In the process they make millions and a stong brand name.
Few new age commercial brands that have taken this route to connect with people are handful, I can think of only “Apple”, Puma, & “Google” right now, but I am sure in coming years this is the only way to connect with people.
Make people choose you, than you choosing people.
connecting with life!
While meditating on the issue of retaining and attracting people, I realised, that every organisation in every industry is facing the similar problem in the background of this truth, that the world is fast changing, it is becoming flat, and people are exposed to so much information that knowledge can be acquired by anyone and at anytime (smart people are utilising it for good), work life cycle is decreasing, “Work Life Cycle”. In the given situation like this one, retaining and attracting people is a major challenge indeed. (We are assuming all are talented people with college education, who are evolving fast).
In the scenario where expectations are high on both sides’ i.e. prospective happy employees and prospective happy companies, how to keep balance is the question.
I will take side of the happy workers because I like them.
One way to find a solution is by asking what are the needs, wants and motivations of an employee through the various stages of his work life cycle and how can it be mapped.
Before we go ahead…an important trend we all are seeing and hearing is “People Need Work and Life” i.e. work and life balance and another trend we'll see in next 15 years, is the shift in the way people will look at work, change in the attitude. “Work Is Part Of Life”and not life.
At present we will be mostly focusing on how to balance needs and motivations with “Work & Life” through the various stages of our happy workers work life cycle. (In the scenario were working life is declining)
Find above, a simple chart, these are needs apart from equal pay & opportunities. no political work environment and a hygienic work environment.
Chart: C1- Curve one is a 20 yrs life cycle
C2- Curve two is a 10 yrs life cycle
In stage one our happy workers look for:
Learning (initial 1-4 yrs): To acquire soft skills, people skills, technical/professional skills, mastering ones subject or chosen field, independence to think and act, developing managerial skills.
Basic motivations: Wants to acquire needed skills and then wants to implement / demonstrate them to validate the learning (unlearn and learn from mistakes).
What he wants from happy HR people: Training (not the class room type), nice and encouraging boss, opportunities to demonstrate skills, environment where mistakes are seen positively….
In stage two our happy workers look for:
Growth (3-9yrs): To acquire various challenging work experiences and greater responsibilities. They also seek respect, status, money, independence to think & act, acquiring/updating knowledge & developing leadership skills.
Basic Motivation: Wants to acquire experience in the chosen area/subject/field and validate them by learning new skills (unlearn and learn from mistakes), Better standard of living, indulgence in luxury and savings.
What he wants from happy HR people: Give me five reasons, what would he want?
In stage three our happy workers look for:
Stability (10yrs+): Sharing experiences and mentoring, Authority, Challenges (e.g: leading the company), acquiring/upgrading knowledge and developing/identifying management style.
Basic Motivation: Exploring new avenue to grow personally, sustaining the Job and standard of living.
What he wants from happy HR people: Give me five reasons, what would he want?
HR is not my area of expertise, I came across the issue of people management from HR perspective only because my client/the account i handle needs solutions on attracting and retaining talent. So, please do incorporate your views on how to make more happy workers and happy organisations.



