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Project on brand
          Presented By

            Santosh Singh Bisht
            Reg no: 20972
            Batch: AM (may/july)2011
What is brand...?


 The American Marketing Association
         defines a brand as a
 "Name, term, design, symbol, or any
other feature that identifies one seller's
good or service as distinct from those of
             other sellers."
A brand can take many forms, including
      a name, sign, symbol, color
      combination or slogan. For
 example, Coca Cola is the name of a
 brand make by a particular company.
IMPORTANT OF BRAND

Brands are important because as humans we are trained to like the familiar. This started
when we were born and we latched on to our parents (or parental figures.) While some
people chose to be thrill seekers and constantly seek out the unfamiliar, even those people
like to have some sort of concept of "home" in their lives.

That concept of "home" can actually a brand. The concept of home makes up our core, and
how we think about ourselves. For example, I like Whole Foods Market, and the Whole
Foods brand is somewhere between luxury and good for you and good for the earth -- so
this brand attachment makes me feel good when I shop at whole foods. I like the the Quora
brand because it is about people who like to think deeply about questions and also offer
their expertise on questions. If Quora was just a Q&A community with no branding at all it
would not have the same brand effect.

Additionally, as Lidia Benvie-Ferreiros noted in her response to this question, brands are
important because they allow consumers to form expectations about a brand. Ie if you
purchase a product from Tylenol vs. some random drug company you have never heard
of, you will trust the product is of better quality that you are used to from that brand. Part of
these expectations make sense -- a trusted company with a strong brand name would have
a huge backlash if their product(s) suddenly weren't of the quality their brand is known for --
and part of them relate back to the concept of certainty, familiarity, and our "home"
collection of products, places, and things that we collect through the years that define us.
Brands are a huge part of this.
PRODUCT LINE
     Tanishq Diamonds                                          Tanishq Platinum

                 .
                                     Tanishq Gold
                                                                            Pure
 Finding your perfect piece of                                 Platinum's purity endows it
                                    From the traditional
      diamond jewelry is an                                    with a brilliant white luster.
                                   harams, mangal sutras
     exhilarating and unique                                  This helps to reflect the true
                                   and thalis to the more
    experience. As with any                                       radiance of diamonds.
                                         fashionable
    significant purchase, it is                                Because it is generally 95%
                                  earrings, chains, bracele
 important that you make an                                     pure (18 karat gold is 75%
                                   ts and rings, there is a
  educated decision. Cut and                                  pure), platinum jewelry does
                                    lot to choose from at
       crafted with utmost                                        not fade or tarnish and
                                   Tanishq. In India Gold
care, Tanishq diamonds come                                   keeps its looks for a life time.
                                       has always been
       with a certificate of                                                Rare
                                  associated with security
    authenticity, stating the                                 Platinum is rare, the coveted
                                  and is the most valuable
caratage, colour and clarity of                                   treasure of discerning
                                     form of investment.
  the stone, to enable you to                                           individuals..
                                    However, it has been
  know exactly what you are                                               Eternal
                                           observed
    paying for .No gemstone                                       Platinum jewelry is the
                                     that consumer is an
  expresses human emotions                                     perfect choice for a lifetime
                                    easy target to several
     more powerfully than a                                    of everyday wear. Platinum
                                  malpractices like under
      diamond and Tanishq                                        does not wear away and
                                       karatage, under
   transforms these precious                                   hold sprecious stones firmly
                                    valuation of the gold
    stones into breathtaking                                           and securely.
masterpieces, each unique and
About Tanishq


   Tanishq (Hindi:          ) is a prominent
 jewellery brand of India. It pioneered the
      concept of branded jewellery and
ornaments in India. It is a division of Titan
 Industries Limited, a company promoted
 by the Tata Group, one of India's largest
     conglomerates. The name Tanishq
 contains the word         "Nishk" (meaning
           gold coin or necklace in
    Sanskrit), although the k has been
              modified into a q.
  "Tan" in Sanskrit/Urdu means body and
      "Ishq" in Urdu means love. Hence
  "Tanishq" which is becoming popular as
         an Indian baby name means
  "embodiment of love". "Tan" in Sanskrit
also means to extend or to spread. Hence
   "to extend love" or "to spread love" are
   other meanings attributed to the name
                   Tanishq.
Introduction


   Tanishq is India's largest, most desirable
    and fastest growing jewelry brand in
    India.

   Started in 1995, Tanishq is the jewelry
    business group of Titan Industries Ltd -
    promoted by the TAT group.

   With a retail sales of 1200 crores last
    year and gunning for 2000 crores this
    year.

   Tanishq has set up production and
    sourcing bases with through research
    of the jewelry crafts of India.

   Located at Hosur, Tamil Nadu, the
    1,35,000 sq. ft. factory is equipped with
    the latest and most modern machinery
    and equipment.
Tanishq collections:


1.The diamond
  collection
2.The wedding
  collection
3.The zoya collection
4.The fashion earring
  collection
5.The kundan and
  polki collection
6.The colours of
Introduction

   Tanishq introduced innovations like
    Karat meter, the only non destructive
    means to check the purity of gold.

   Tanishq also introduced professional
    retailing in the un-organized Indian
    jewelry bazaar, where women can
    shop with comfort and
    peace, without worrying about the
    purity of the jewelry they are
    buying, as well as, select from the
    best jewelry collections available in
    the Indian market.

   Tanishq has successfully taken on the
    challenge of transforming this
    frontier into a reliable consumer
    space by bringing to it all the virtues
    and benefits that branding offers
Segment - Jewellery

                       Tanishq targets the mid-premium segment in
                        retail of jewellery business. (premium
                        segment by ZOYA, mass segment by
                        GOLDPLUS+)

                       Cater with ‘superior craftsmanship, design
                        expertise, product innovation, and
                        guaranteed quality’.

                       Gold jewellery in 22k pure gold, Also make
                        platinum jewellery, with diamond and other
                        precious stones.

                       Innovated karat meter, the only non-
                        destructive method to check purity of metal
                        and jewellery.

                       To promote glamour value of metals (gold)
                        besides its status as a secure source of
                        investment.
Tanishq to launch sub-brand for youth

                                 MIA
Tata Group’s jewellery brand Tanishq, which recently launched a sub-
brand ‘Mia’ for working women, is now looking at launching another sub-
brand targeting the youth by next year. With over five million working
women in the country, ‘Mia’ was launched to tap the potential of this
growing segment. The collection is created for the women, who are
always on the go, engaged in various professions and have a well-
established accessory ensemble, excluding jewellery.

High on design quotient, light in weight, affordable and apt for today’s
modern woman, Mia has over 100 designs priced at Rs 5,999 onwards.
The collection is available across 130 Tanishq outlets in over 76 towns.
The company is expecting about 30-40 per cent topline growth this fiscal
compared to FY-11, on the back of retail expansions. It also plans to open
about 10-15 stores every year, with a focus on Tier II and III cities, apart
from strengthening its presence in the Tier I cities.
FUTURE Prospectus



    With a view to expand in the estimated INR 1,000 billion Indian jewellery
    market, Tanishq will come out with specific traditional collections to cater
    to brides from the regional communities.

    To maximise the Tanishq brand presence across regional markets in
    India. Large format outlets are intended to act as a one-stop solution and
    enhance sales.

    At present, Tanishq offers only standard jewellery in its wedding range.
    The brand is planning an expansion of its retail business in order to
    cross the INR 30 billion sales mark by the end of fiscal year 2010.

    The company will be opening a total of 17 more Tanishq boutiques in
    2010 and its major focus will be on large format stores of over 4,000 sq
    ft, as against the currently existing ones which have an area of around
    2,500 sq ft.
Tanishq - Format



Tanishq – The Speciality Store
Tanishq, the jewellery business of Titan Industries Ltd, is looking at other alternatives to
capture the market. Apart from the presence in high streets, the retail chain is
embarking on pilot projects, involving presence in shopping malls and shop-in-shops in
retail formats. The move comes in the growing popularity of such formats which are
attracting footfalls, which Tanishq is looking to grab.
Tanishq – Store Layout
Tanishq – Store Layout
Tanishq – Store Layout
Tanishq – Store Layout
Pricing Strategy



Tanishq being a brand name of TATA,
maintain a standard price for all of their
products. But being in a competitive market
with lots of local as well as branded
competitors, Tanishq offers various attractive
price schemes to allure customers.

Here are some few pricing strategies which is
followed by Tanishq:

        Flexible Pricing
        Market Skimming
        Price Bundling
        Competition Oriented Pricing
        Price Lining
Location Strategy


                     Prime Locations for Merchandise
                     Value of space decreases further away it is
                      from entry level floor

                     Highly trafficked areas
                         Store entrances /escalators/ main
                           aisles
                         Near checkout counter
                     Highly visible areas
                         End aisle
                         Displays

                     Value of space decreases further away it is
                      from entry
                     Special Considerations
                     Avoid the “butt-brush” effect.
                     Make merchandise accessible.
                     Allow a transition zone.
Tanishq news headline



Tanishq launches Glam Gold 2010 Collection
With a continuous effort to promote gold as a fashion accessory, Tanishq in association with AngloGold Ashanti
through World Gold ...
Tanishq launches exquisitely designed diamond jewellery
Diamonds have always been the most desirable jewellery for every woman. Understanding the growing
inclination and fondness for diamond ...
Tanishq launches unique & timeless diamond jewellery
Diamonds have always been the most desirable jewellery for every woman. Understanding the growing
inclination and fondness for diamond ...
Classic Diamond Collection designed for wedding season
November 03, 2009 (India)
Wedding is a new chapter of everyone’s life; Tanishq, India’s most desired jewellery brand understands this.
Known for its product innovation and desi...
Tanishq launches its largest store in Chennai
Tanishq, India’s only national jeweller and leading jewellery brand,unveiled its first “large format” retail store in
Chennai. Located conveniently on...
Doubling of customs duty on gold is fair for retailer – Tanishq COO
Mr. C K Venkataraman, COO- Tanishq, Titan Industries Ltd comments on Union Budget 2009-2010: Excise Duty
on branded Jewellery has been beset with...
Tanishq launches the world's smallest ‘Bhagwad Gita’
April 22, 2009 (India)
Bhagwad Gita, which is the most scared and religious scriptures of Hinduism and also considered to be a
practical, self-contained guide to life, can n...
MEDIA COVERAGE


   Personal communication channels                   Display Media
   ‡Non - Personal communication channels            Event and Experiences
   Print Media [ Vogue, Femina, Cosmopolitian ]      Online Selling
   Business magazines for men’s collection           Fashion Shows
   Broad Cast Media                                  International Jewellery Fairs
Tanishq brand ambassadors

 New Brand
Ambassador for
TANISHQ

Brand Ambassador:
ASIN
brand ambassador of
Tanishq is south Indian
actress Asin. This is
the first time that a
South Indian actor will
endorse the brand.


Amitabh and Jaya Bachchan have
been roped in as brand
ambassadors for Tanishq, Tata’s
jewellery brand.
Customer Service

   Golden Harvest Saving Scheme    Purity Checks
   Exchange Policy in Tanishq      Anuttara
   Gift Vouchers
Thanks You

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  • 1. Project on brand Presented By Santosh Singh Bisht Reg no: 20972 Batch: AM (may/july)2011
  • 2. What is brand...? The American Marketing Association defines a brand as a "Name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers." A brand can take many forms, including a name, sign, symbol, color combination or slogan. For example, Coca Cola is the name of a brand make by a particular company.
  • 3. IMPORTANT OF BRAND Brands are important because as humans we are trained to like the familiar. This started when we were born and we latched on to our parents (or parental figures.) While some people chose to be thrill seekers and constantly seek out the unfamiliar, even those people like to have some sort of concept of "home" in their lives. That concept of "home" can actually a brand. The concept of home makes up our core, and how we think about ourselves. For example, I like Whole Foods Market, and the Whole Foods brand is somewhere between luxury and good for you and good for the earth -- so this brand attachment makes me feel good when I shop at whole foods. I like the the Quora brand because it is about people who like to think deeply about questions and also offer their expertise on questions. If Quora was just a Q&A community with no branding at all it would not have the same brand effect. Additionally, as Lidia Benvie-Ferreiros noted in her response to this question, brands are important because they allow consumers to form expectations about a brand. Ie if you purchase a product from Tylenol vs. some random drug company you have never heard of, you will trust the product is of better quality that you are used to from that brand. Part of these expectations make sense -- a trusted company with a strong brand name would have a huge backlash if their product(s) suddenly weren't of the quality their brand is known for -- and part of them relate back to the concept of certainty, familiarity, and our "home" collection of products, places, and things that we collect through the years that define us. Brands are a huge part of this.
  • 4. PRODUCT LINE Tanishq Diamonds Tanishq Platinum . Tanishq Gold Pure Finding your perfect piece of Platinum's purity endows it From the traditional diamond jewelry is an with a brilliant white luster. harams, mangal sutras exhilarating and unique This helps to reflect the true and thalis to the more experience. As with any radiance of diamonds. fashionable significant purchase, it is Because it is generally 95% earrings, chains, bracele important that you make an pure (18 karat gold is 75% ts and rings, there is a educated decision. Cut and pure), platinum jewelry does lot to choose from at crafted with utmost not fade or tarnish and Tanishq. In India Gold care, Tanishq diamonds come keeps its looks for a life time. has always been with a certificate of Rare associated with security authenticity, stating the Platinum is rare, the coveted and is the most valuable caratage, colour and clarity of treasure of discerning form of investment. the stone, to enable you to individuals.. However, it has been know exactly what you are Eternal observed paying for .No gemstone Platinum jewelry is the that consumer is an expresses human emotions perfect choice for a lifetime easy target to several more powerfully than a of everyday wear. Platinum malpractices like under diamond and Tanishq does not wear away and karatage, under transforms these precious hold sprecious stones firmly valuation of the gold stones into breathtaking and securely. masterpieces, each unique and
  • 5. About Tanishq Tanishq (Hindi: ) is a prominent jewellery brand of India. It pioneered the concept of branded jewellery and ornaments in India. It is a division of Titan Industries Limited, a company promoted by the Tata Group, one of India's largest conglomerates. The name Tanishq contains the word "Nishk" (meaning gold coin or necklace in Sanskrit), although the k has been modified into a q. "Tan" in Sanskrit/Urdu means body and "Ishq" in Urdu means love. Hence "Tanishq" which is becoming popular as an Indian baby name means "embodiment of love". "Tan" in Sanskrit also means to extend or to spread. Hence "to extend love" or "to spread love" are other meanings attributed to the name Tanishq.
  • 6. Introduction  Tanishq is India's largest, most desirable and fastest growing jewelry brand in India.  Started in 1995, Tanishq is the jewelry business group of Titan Industries Ltd - promoted by the TAT group.  With a retail sales of 1200 crores last year and gunning for 2000 crores this year.  Tanishq has set up production and sourcing bases with through research of the jewelry crafts of India.  Located at Hosur, Tamil Nadu, the 1,35,000 sq. ft. factory is equipped with the latest and most modern machinery and equipment.
  • 7. Tanishq collections: 1.The diamond collection 2.The wedding collection 3.The zoya collection 4.The fashion earring collection 5.The kundan and polki collection 6.The colours of
  • 8. Introduction  Tanishq introduced innovations like Karat meter, the only non destructive means to check the purity of gold.  Tanishq also introduced professional retailing in the un-organized Indian jewelry bazaar, where women can shop with comfort and peace, without worrying about the purity of the jewelry they are buying, as well as, select from the best jewelry collections available in the Indian market.  Tanishq has successfully taken on the challenge of transforming this frontier into a reliable consumer space by bringing to it all the virtues and benefits that branding offers
  • 9. Segment - Jewellery  Tanishq targets the mid-premium segment in retail of jewellery business. (premium segment by ZOYA, mass segment by GOLDPLUS+)  Cater with ‘superior craftsmanship, design expertise, product innovation, and guaranteed quality’.  Gold jewellery in 22k pure gold, Also make platinum jewellery, with diamond and other precious stones.  Innovated karat meter, the only non- destructive method to check purity of metal and jewellery.  To promote glamour value of metals (gold) besides its status as a secure source of investment.
  • 10. Tanishq to launch sub-brand for youth MIA Tata Group’s jewellery brand Tanishq, which recently launched a sub- brand ‘Mia’ for working women, is now looking at launching another sub- brand targeting the youth by next year. With over five million working women in the country, ‘Mia’ was launched to tap the potential of this growing segment. The collection is created for the women, who are always on the go, engaged in various professions and have a well- established accessory ensemble, excluding jewellery. High on design quotient, light in weight, affordable and apt for today’s modern woman, Mia has over 100 designs priced at Rs 5,999 onwards. The collection is available across 130 Tanishq outlets in over 76 towns. The company is expecting about 30-40 per cent topline growth this fiscal compared to FY-11, on the back of retail expansions. It also plans to open about 10-15 stores every year, with a focus on Tier II and III cities, apart from strengthening its presence in the Tier I cities.
  • 11. FUTURE Prospectus With a view to expand in the estimated INR 1,000 billion Indian jewellery market, Tanishq will come out with specific traditional collections to cater to brides from the regional communities. To maximise the Tanishq brand presence across regional markets in India. Large format outlets are intended to act as a one-stop solution and enhance sales. At present, Tanishq offers only standard jewellery in its wedding range. The brand is planning an expansion of its retail business in order to cross the INR 30 billion sales mark by the end of fiscal year 2010. The company will be opening a total of 17 more Tanishq boutiques in 2010 and its major focus will be on large format stores of over 4,000 sq ft, as against the currently existing ones which have an area of around 2,500 sq ft.
  • 12. Tanishq - Format Tanishq – The Speciality Store Tanishq, the jewellery business of Titan Industries Ltd, is looking at other alternatives to capture the market. Apart from the presence in high streets, the retail chain is embarking on pilot projects, involving presence in shopping malls and shop-in-shops in retail formats. The move comes in the growing popularity of such formats which are attracting footfalls, which Tanishq is looking to grab.
  • 17. Pricing Strategy Tanishq being a brand name of TATA, maintain a standard price for all of their products. But being in a competitive market with lots of local as well as branded competitors, Tanishq offers various attractive price schemes to allure customers. Here are some few pricing strategies which is followed by Tanishq:  Flexible Pricing  Market Skimming  Price Bundling  Competition Oriented Pricing  Price Lining
  • 18. Location Strategy  Prime Locations for Merchandise  Value of space decreases further away it is from entry level floor  Highly trafficked areas  Store entrances /escalators/ main aisles  Near checkout counter  Highly visible areas  End aisle  Displays  Value of space decreases further away it is from entry  Special Considerations  Avoid the “butt-brush” effect.  Make merchandise accessible.  Allow a transition zone.
  • 19. Tanishq news headline Tanishq launches Glam Gold 2010 Collection With a continuous effort to promote gold as a fashion accessory, Tanishq in association with AngloGold Ashanti through World Gold ... Tanishq launches exquisitely designed diamond jewellery Diamonds have always been the most desirable jewellery for every woman. Understanding the growing inclination and fondness for diamond ... Tanishq launches unique & timeless diamond jewellery Diamonds have always been the most desirable jewellery for every woman. Understanding the growing inclination and fondness for diamond ... Classic Diamond Collection designed for wedding season November 03, 2009 (India) Wedding is a new chapter of everyone’s life; Tanishq, India’s most desired jewellery brand understands this. Known for its product innovation and desi... Tanishq launches its largest store in Chennai Tanishq, India’s only national jeweller and leading jewellery brand,unveiled its first “large format” retail store in Chennai. Located conveniently on... Doubling of customs duty on gold is fair for retailer – Tanishq COO Mr. C K Venkataraman, COO- Tanishq, Titan Industries Ltd comments on Union Budget 2009-2010: Excise Duty on branded Jewellery has been beset with... Tanishq launches the world's smallest ‘Bhagwad Gita’ April 22, 2009 (India) Bhagwad Gita, which is the most scared and religious scriptures of Hinduism and also considered to be a practical, self-contained guide to life, can n...
  • 20. MEDIA COVERAGE  Personal communication channels  Display Media  ‡Non - Personal communication channels  Event and Experiences  Print Media [ Vogue, Femina, Cosmopolitian ]  Online Selling  Business magazines for men’s collection  Fashion Shows  Broad Cast Media  International Jewellery Fairs
  • 21. Tanishq brand ambassadors New Brand Ambassador for TANISHQ Brand Ambassador: ASIN brand ambassador of Tanishq is south Indian actress Asin. This is the first time that a South Indian actor will endorse the brand. Amitabh and Jaya Bachchan have been roped in as brand ambassadors for Tanishq, Tata’s jewellery brand.
  • 22. Customer Service  Golden Harvest Saving Scheme  Purity Checks  Exchange Policy in Tanishq  Anuttara  Gift Vouchers