Friday, April 19, 2019

22 Immutable laws of Branding in One Single page

A marketer should create a unique perception through his marketing communication of being a leader, without worrying about the product.

And the best way to create a unique Perception is to choose a unique category, and be first in it. If there is already someone in that category, make a subcategory and be first in it. Similarly Brands like yours will keep creating subcategories to be the first in it. And In every subcategory, there will be finally 2 brands at top. But whatever rank you are in -1 or 2 or 3, your communication strategy should not overlap with that of 1st or 2nd, but should be different (or opposite) from leader or 1st.

You should create an impression that you are 1st or best in one particular feature and that particular feature should be focussed and exclusive to you.

Plan your communication strategy for long term perspective after studying Market trend and not fads
with complete knowledge of competitor's capabilities.

Execute the communication plan wholeheartedly at one go like a masterstroke deploying as much resources as possible and not in small steps. 

The result of the marketing communication may be positive and very positive at times but don't let that make you arrogant. Also, at times, you will fail, but that is part of every communication. Accept it. Don't get disheartened by the bad press you get as a result.

For everything you get, you are going to lose something. But you have to do cost/benefit analysis Same goes for line extension as well. You can extend the brand but limit it. In communication, Even if you are talking negative things about your product, but if you are open, customer will give you a thumbs up. Believe in Karma!

(Summary of 22 Immutable laws of Branding)

Thursday, March 19, 2015

Rural Marketing and Brand Equity (ET)

Yesterday's edition of Brand Equity (ET) was a review of various Marketing strategies implemented by Rural Marketers.
Some of the campaigns listed there:
1. Lifebouy's Swacha Abhiyan
2. Jaagte Na raho

Needless to say, Rural marketing is more than wall painting.
You engage them and you get rewarded. Brand faihfulness is highest in Rural area.

But the question is what is Rural... I will be writing few articles on all these aspects in coming blogposts.

Saturday, January 10, 2015

Baba Ramdev and Brand Recall


Yoga - Baba Ramdev
Herbal products: Dabur
Ayurvedic juices and other stuffs: Patanjali

I believe above correlations are so easy for us Indians.
But was surprised today, when during Big Boss, Faraah khan took name of "Astha Channel" as soon as she got reminded of some ethical value related things from the contestants.
She didn't think of Sanskar or God channel of other religions but Astha. Astha Channel is again of Baba Ramdev, famous in rural areas because of live telecast of Yoga events in the morning daily.

Baba has lived to his reputation. He has made the world realise power of yoga by showing faith in it. He made individuals do it for hours in numerous events across globe. And that brought the change.

What Swami Satyananda saraswati of Yoga Institute of Munger and many other stalwarts of Yoga couldn't do, Baba Ramdev did.

Indian Ad Space and 2015

No doubt, The Indian Ad Space is now filed with startups ads.

Car lena, car**** hai na.
Main needles yun khareedta hun..

2015 is going to be let you view more ads about startups. And who isn't happy now.
It lets us move away from so boring Lakme or face wash ads.

it started with famous flipkart ads few years back. kids playing role of adults.

m loving it...

Thursday, November 27, 2014

What They dont teach you at Harvard

An Excellent Book it is, as evident from the way it is titled.

The most important thing i learnt in my MBA are:
1. Selling or Branding Services through making them physically evident
2. Marketing Myopia
3. Detailed Analysis (through case studies) and not losing out on the big picture
4. Interpersonal Skills

Few things that i didn't learn there but learnt during my Internship at a startup (now Deloitte fast50 of 2014 also) are:
1. Practical aspect
2. Sales

I learnt these 2 as well during my internship, so can't say my MBA was incomplete and left me to learn a lot.
But yes, when i joined a startup Simplilearn, i had to learn a lot more in people management.
When i joined Wipro, i had to learn a lot in Channel management.

Needless to say, learning is a lifelong thing. Also, we keep learning and forgetting together.

In the end, I would just remind you on how writer of "what they dont teach you at harvard" has talked  about naming the book alternately as"Practical aspect of Management learning". But the other title would be more apt but attract different and limited list of customers.

Thursday, March 14, 2013

Insurance sector and advertising: case of icici ads

How Insurance sector guys create an ad?
Category: Insurance
Business since: hardly decade old
Product portfolio: term, protection, retirement, child welfare
Season: premium payment closure. financial year end

1. product centric
2. warm fuzzy ads

focusing on
1. pester power of family
2. old guys feeling young
3. :) you know it right Tax Savings
4.

Emotional Relevance
top down or bottom up approach
Intersection between customer life truth vs role of brand
in this case, the elders in family vs. the role of insurance.