SlideShare une entreprise Scribd logo
1  sur  17
Tanishq: Positioning to Capture
the Indian Woman’s Heart
Prepared by:
A.Arputha Selvaraj
APMP IIM Calcutta
OVERVIEW
 Indian Jewellery industry
 Tanishq and Goldplus SWOT analysis
 Problem Analysis
 Success Strategies
 Financial Analysis
 Recommendations
India’s Gold Jewelry Industry
 Indian gold jewelry market ~ $12 Billion
 Indian wedding jewelry - ~ 70% of jewelry market
 Wedding trousseau consisting of at least 5 pieces ~ $7500 (2008 Gold
Price)where per capita income was ~ $1,089
India’s Annual Gold Consumption
The Rising Price of Gold
Gold Consumer Market Segmentation
Tanishq SWOT Analysis
STRENGTHS WEAKNESSES
 Capital
 Flexibility
 Innovative
 Modern Style
 Excellent & outstanding
advertisement strategy
 ‘Not for me’
 Gold Purchase Rituals
 Gold Perceptive
Tanishq SWOT Analysis
OPPORTUNITIES THREATS
 TATA Support
 The Wedding Market
 Globalization
 GoldPlus
 Local Jewelers
 Gold Significance
 Government Regulations
GoldPlus SWOT Analysis
STRENGTHS WEAKNESSES
 Marketing Strategy
 TATA Support
 Traditions & Values
 Limited Outlets
GoldPlus SWOT Analysis
OPPORTUNITIES THREATS
 Outlets
 The Rural Market
 Tanishq
 Government Regualtions
 Design Stealers
 Vision of Undisciplined Boy!
Problem Analysis
Heavy Competition
Failure of Gold watches
Failure to tap wedding Market
‘‘Not for Me’’ perception
Internal conflicts between Tanishq and Goldplus
Successful Strategies
 Complete positioning
 Introduction of studded Jewelery
 Very high promotion
 Pioneering the Karatmeter
 Elimination of traditional middlemen
Jewelers Tanishq
Vendor or Middlemen Head Karigars
Head Karigars Unorganized Karigars
Unorganized Karigars
Traditional system Vs. Tanishq system
Graph showing the total sales of Tanishq from 1998-
2007:
Recommendations
 Tanishq & GoldPlus, compliment each other
 Understand their market territories & Characteristics
 Capitalize their strengths
 Cross Branding the market to own a larger share
 Going Global and teaming up with Indian entertainment products
internationally
Thank you

Contenu connexe

Tendances

harrah entertainment inc - case study
harrah entertainment inc - case studyharrah entertainment inc - case study
harrah entertainment inc - case studyTushar Arora
 
Recruitment of a Star
Recruitment of a StarRecruitment of a Star
Recruitment of a StarIndiran K
 
Tanishq : Brand Positioning
Tanishq : Brand Positioning Tanishq : Brand Positioning
Tanishq : Brand Positioning Kashyap Shah
 
Xiaomi - MI Summit 2019
Xiaomi - MI Summit 2019 Xiaomi - MI Summit 2019
Xiaomi - MI Summit 2019 Arush Sharma
 
Merton Truck Company
Merton Truck CompanyMerton Truck Company
Merton Truck CompanyTushar Arora
 
House of Tata: Acquiring a Global Footprint
House of Tata: Acquiring a Global FootprintHouse of Tata: Acquiring a Global Footprint
House of Tata: Acquiring a Global FootprintAbhigyan Singh
 
Project Report on Zensar Technologies for Managerial Economics
Project Report on  Zensar Technologies for  Managerial EconomicsProject Report on  Zensar Technologies for  Managerial Economics
Project Report on Zensar Technologies for Managerial EconomicsRenzil D'cruz
 
Scorpio (Brand Identity) – IIM-A Case Study Solution
Scorpio (Brand Identity) – IIM-A Case Study Solution Scorpio (Brand Identity) – IIM-A Case Study Solution
Scorpio (Brand Identity) – IIM-A Case Study Solution Harinder Pelia
 
emerging nokia - should they focus on developed or emerging markets
 emerging nokia - should they focus on developed or emerging markets emerging nokia - should they focus on developed or emerging markets
emerging nokia - should they focus on developed or emerging marketsSaurabh Arora
 
Clique Pens Pricing: The Writing Implements Division of U.S. Home
Clique Pens Pricing: The Writing Implements Division of U.S. Home Clique Pens Pricing: The Writing Implements Division of U.S. Home
Clique Pens Pricing: The Writing Implements Division of U.S. Home Demin Wang
 
Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010Sharon
 
Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)
Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)
Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)Siddharth Barjatya
 
strategic marketing :Scorpio
strategic marketing :Scorpiostrategic marketing :Scorpio
strategic marketing :Scorpiovikaschauhan8888
 
Mahindra Case Study - Creating the Scorpio
Mahindra Case Study - Creating the ScorpioMahindra Case Study - Creating the Scorpio
Mahindra Case Study - Creating the ScorpioShashank Abhyankar, PMP
 
Culinarian Cookware case study analysis
Culinarian Cookware case study analysisCulinarian Cookware case study analysis
Culinarian Cookware case study analysisSaurabh Mhase
 

Tendances (20)

harrah entertainment inc - case study
harrah entertainment inc - case studyharrah entertainment inc - case study
harrah entertainment inc - case study
 
Recruitment of a Star
Recruitment of a StarRecruitment of a Star
Recruitment of a Star
 
Tanishq : Brand Positioning
Tanishq : Brand Positioning Tanishq : Brand Positioning
Tanishq : Brand Positioning
 
Xiaomi - MI Summit 2019
Xiaomi - MI Summit 2019 Xiaomi - MI Summit 2019
Xiaomi - MI Summit 2019
 
Montreaux (1)
Montreaux (1)Montreaux (1)
Montreaux (1)
 
INGERSOLL RAND-Harvard Case Study
INGERSOLL RAND-Harvard Case StudyINGERSOLL RAND-Harvard Case Study
INGERSOLL RAND-Harvard Case Study
 
Merton Truck Company
Merton Truck CompanyMerton Truck Company
Merton Truck Company
 
Colgate vs P&G
Colgate vs P&GColgate vs P&G
Colgate vs P&G
 
House of Tata: Acquiring a Global Footprint
House of Tata: Acquiring a Global FootprintHouse of Tata: Acquiring a Global Footprint
House of Tata: Acquiring a Global Footprint
 
Project Report on Zensar Technologies for Managerial Economics
Project Report on  Zensar Technologies for  Managerial EconomicsProject Report on  Zensar Technologies for  Managerial Economics
Project Report on Zensar Technologies for Managerial Economics
 
Scorpio (Brand Identity) – IIM-A Case Study Solution
Scorpio (Brand Identity) – IIM-A Case Study Solution Scorpio (Brand Identity) – IIM-A Case Study Solution
Scorpio (Brand Identity) – IIM-A Case Study Solution
 
emerging nokia - should they focus on developed or emerging markets
 emerging nokia - should they focus on developed or emerging markets emerging nokia - should they focus on developed or emerging markets
emerging nokia - should they focus on developed or emerging markets
 
Clique Pens Pricing: The Writing Implements Division of U.S. Home
Clique Pens Pricing: The Writing Implements Division of U.S. Home Clique Pens Pricing: The Writing Implements Division of U.S. Home
Clique Pens Pricing: The Writing Implements Division of U.S. Home
 
Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010
 
Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)
Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)
Reliance Baking Soda: Optimizing Promotional Spending (HBR Brief Case)
 
Haier: Taking a Chinese Company Global
Haier: Taking a Chinese Company Global Haier: Taking a Chinese Company Global
Haier: Taking a Chinese Company Global
 
strategic marketing :Scorpio
strategic marketing :Scorpiostrategic marketing :Scorpio
strategic marketing :Scorpio
 
Mahindra Case Study - Creating the Scorpio
Mahindra Case Study - Creating the ScorpioMahindra Case Study - Creating the Scorpio
Mahindra Case Study - Creating the Scorpio
 
Culinarian Cookware case study analysis
Culinarian Cookware case study analysisCulinarian Cookware case study analysis
Culinarian Cookware case study analysis
 
Clean edge razor case study
Clean edge razor case studyClean edge razor case study
Clean edge razor case study
 

En vedette

Tanishq ‘s New Destination Stores Strategy.ppt final 1
Tanishq ‘s New Destination Stores Strategy.ppt final 1Tanishq ‘s New Destination Stores Strategy.ppt final 1
Tanishq ‘s New Destination Stores Strategy.ppt final 1Sourav De
 
Bic tanishq
Bic   tanishqBic   tanishq
Bic tanishqRose1601
 
Tanishq Case Study
Tanishq Case StudyTanishq Case Study
Tanishq Case Studygulrukhhina
 
Tanishq Brand Management
Tanishq Brand ManagementTanishq Brand Management
Tanishq Brand Managementangeleyes_tiya
 
Copy of tanishq presentation
Copy of tanishq presentationCopy of tanishq presentation
Copy of tanishq presentationkadavadkar
 
Tanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By AnandTanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By AnandManmohan Anand
 
Final ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industryFinal ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industryptaakash
 
marketing strategies of jewellery new product launch
marketing strategies of jewellery new product launchmarketing strategies of jewellery new product launch
marketing strategies of jewellery new product launchRohit Agarwal
 

En vedette (13)

Tanishq ‘s New Destination Stores Strategy.ppt final 1
Tanishq ‘s New Destination Stores Strategy.ppt final 1Tanishq ‘s New Destination Stores Strategy.ppt final 1
Tanishq ‘s New Destination Stores Strategy.ppt final 1
 
Bic tanishq
Bic   tanishqBic   tanishq
Bic tanishq
 
Tanishq case study
Tanishq case studyTanishq case study
Tanishq case study
 
Consumer tanisq
Consumer tanisqConsumer tanisq
Consumer tanisq
 
Tanishq Case Study
Tanishq Case StudyTanishq Case Study
Tanishq Case Study
 
Brand Tanishq
Brand TanishqBrand Tanishq
Brand Tanishq
 
Tanishq
TanishqTanishq
Tanishq
 
Tanishq Brand Management
Tanishq Brand ManagementTanishq Brand Management
Tanishq Brand Management
 
Copy of tanishq presentation
Copy of tanishq presentationCopy of tanishq presentation
Copy of tanishq presentation
 
Tanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By AnandTanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By Anand
 
Tanishq
TanishqTanishq
Tanishq
 
Final ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industryFinal ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industry
 
marketing strategies of jewellery new product launch
marketing strategies of jewellery new product launchmarketing strategies of jewellery new product launch
marketing strategies of jewellery new product launch
 

Similaire à Capturing the Indian Woman’s Heart with Tanishq Positioning

Nirav Presentation
Nirav PresentationNirav Presentation
Nirav Presentationnirav.rv
 
542170 634210229644275000
542170 634210229644275000542170 634210229644275000
542170 634210229644275000nitisshh88
 
Presentation on gems n jewellery
Presentation on gems n jewelleryPresentation on gems n jewellery
Presentation on gems n jewelleryAbhishek Pareek
 
GEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIAGEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIAsethu pm
 
Gems and jewellery industry
Gems and jewellery industryGems and jewellery industry
Gems and jewellery industryHari Thirumal
 
Tanishq Marketing Management PPT
Tanishq Marketing Management PPTTanishq Marketing Management PPT
Tanishq Marketing Management PPTAman Kumar Verma
 
strategic management on tanishq
strategic management on tanishqstrategic management on tanishq
strategic management on tanishqVinu Praveenz
 
Nirav Sales Plan June 2007
Nirav Sales Plan   June 2007Nirav Sales Plan   June 2007
Nirav Sales Plan June 2007nirav.rv
 
How Tanishq jwellers captured the market.pptx
How Tanishq jwellers captured the market.pptxHow Tanishq jwellers captured the market.pptx
How Tanishq jwellers captured the market.pptxvedegaf851
 

Similaire à Capturing the Indian Woman’s Heart with Tanishq Positioning (16)

Tanishq - JRM
Tanishq - JRMTanishq - JRM
Tanishq - JRM
 
Rishab ppt
Rishab pptRishab ppt
Rishab ppt
 
Rishab ppt 3
Rishab ppt 3Rishab ppt 3
Rishab ppt 3
 
Rishab ppt 2
Rishab ppt 2Rishab ppt 2
Rishab ppt 2
 
Nirav Presentation
Nirav PresentationNirav Presentation
Nirav Presentation
 
Tanishq
TanishqTanishq
Tanishq
 
542170 634210229644275000
542170 634210229644275000542170 634210229644275000
542170 634210229644275000
 
Presentation on gems n jewellery
Presentation on gems n jewelleryPresentation on gems n jewellery
Presentation on gems n jewellery
 
GEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIAGEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIA
 
Gems and jewellery industry
Gems and jewellery industryGems and jewellery industry
Gems and jewellery industry
 
Gems Jewellery Sector
Gems Jewellery SectorGems Jewellery Sector
Gems Jewellery Sector
 
Gems jewellery-sector
Gems jewellery-sectorGems jewellery-sector
Gems jewellery-sector
 
Tanishq Marketing Management PPT
Tanishq Marketing Management PPTTanishq Marketing Management PPT
Tanishq Marketing Management PPT
 
strategic management on tanishq
strategic management on tanishqstrategic management on tanishq
strategic management on tanishq
 
Nirav Sales Plan June 2007
Nirav Sales Plan   June 2007Nirav Sales Plan   June 2007
Nirav Sales Plan June 2007
 
How Tanishq jwellers captured the market.pptx
How Tanishq jwellers captured the market.pptxHow Tanishq jwellers captured the market.pptx
How Tanishq jwellers captured the market.pptx
 

Dernier

Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 

Dernier (20)

Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 

Capturing the Indian Woman’s Heart with Tanishq Positioning

  • 1. Tanishq: Positioning to Capture the Indian Woman’s Heart Prepared by: A.Arputha Selvaraj APMP IIM Calcutta
  • 2. OVERVIEW  Indian Jewellery industry  Tanishq and Goldplus SWOT analysis  Problem Analysis  Success Strategies  Financial Analysis  Recommendations
  • 3. India’s Gold Jewelry Industry  Indian gold jewelry market ~ $12 Billion  Indian wedding jewelry - ~ 70% of jewelry market  Wedding trousseau consisting of at least 5 pieces ~ $7500 (2008 Gold Price)where per capita income was ~ $1,089
  • 4. India’s Annual Gold Consumption
  • 6. Gold Consumer Market Segmentation
  • 7. Tanishq SWOT Analysis STRENGTHS WEAKNESSES  Capital  Flexibility  Innovative  Modern Style  Excellent & outstanding advertisement strategy  ‘Not for me’  Gold Purchase Rituals  Gold Perceptive
  • 8. Tanishq SWOT Analysis OPPORTUNITIES THREATS  TATA Support  The Wedding Market  Globalization  GoldPlus  Local Jewelers  Gold Significance  Government Regulations
  • 9. GoldPlus SWOT Analysis STRENGTHS WEAKNESSES  Marketing Strategy  TATA Support  Traditions & Values  Limited Outlets
  • 10. GoldPlus SWOT Analysis OPPORTUNITIES THREATS  Outlets  The Rural Market  Tanishq  Government Regualtions  Design Stealers  Vision of Undisciplined Boy!
  • 11.
  • 12. Problem Analysis Heavy Competition Failure of Gold watches Failure to tap wedding Market ‘‘Not for Me’’ perception Internal conflicts between Tanishq and Goldplus
  • 13. Successful Strategies  Complete positioning  Introduction of studded Jewelery  Very high promotion  Pioneering the Karatmeter  Elimination of traditional middlemen
  • 14. Jewelers Tanishq Vendor or Middlemen Head Karigars Head Karigars Unorganized Karigars Unorganized Karigars Traditional system Vs. Tanishq system
  • 15. Graph showing the total sales of Tanishq from 1998- 2007:
  • 16. Recommendations  Tanishq & GoldPlus, compliment each other  Understand their market territories & Characteristics  Capitalize their strengths  Cross Branding the market to own a larger share  Going Global and teaming up with Indian entertainment products internationally