SlideShare une entreprise Scribd logo
1  sur  24
Télécharger pour lire hors ligne
The    MARKSMAN
K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH   VOL. 2 | ISSUE IX| FEB ‘12




   MARKETING
THAT GOES BEYOND
      DEATH!



 IS BRANDING THE WAY TO
  ENTER RURAL MARKETS?                                          NEW SECTION




Tete-A-Tete with Mr. K Ramakrishnan-VP of L&T
EDITOR’S DESK
 Dear Readers,

 Welcome back to a brand new edition of your favourite marketing magazine and guide
 – THE MARKSMAN!

 In our endeavour to incessantly add more value to your reading, we now launch a
 fresh, informative yet entertaining section called “brand-Mark-ive” showcasing some
 never-before-heard facts and trivia about a brand. We kick-start this section with every
 marketers favourite brand – CocaCola.

 The cover story for the issue is Reverse Marketing, a concept which sees marketers
 move away from traditional forms of marketing which lure customers with a direct
 selling message in its communication. Instead, the focus is to let the customer find you.
 Our special story is on Marketing That Goes Beyond Death. Should you seriously
 contemplate killing your brand? Read on to find out more.

 Our featured articles of the month delve into the Nokia Lumia’s contemporary
 marketing strategy in the smartphone segment. Also question if Branding is the ideal
 way to enter rural markets. And who’s to forget, the trendy Newspaper war playing out
 in our own backyards. Flip those pages to read on!

 We would like to congratulate Sourabh Sahu (IIM - Indore) for being adjudged the Best
 Article of the Month.

 Our team caught up with Mr. K Ramakrishnan, Vice President, of L & T Limited, Hazira
 Central Services for a short tete-a-tete after his discourse on “The skills for being a
 manager and the need to be able to adjust to the changing paradigm”.

 Unwind with our regulars- SquAreHead, Bookworm, Tweets and its all about AD-itude!.
 Get inquisitive with Buzz and do not forget to write in with articles (check the last page
 for topics), your thoughts or suggestions.

 ¡Buena lectura! (Spanish for Happy reading)


 Cheers !!
 Team – Marksman
 The Interface – The Marketing Club of SIMSR




FEBRUARY 2012                                                                                 01
CONTENTS
                                                                NEW
                                                              SECTION
   TWEETS
  TWEETS             It’s all about                brand                  Tete-A-Tete
                       AD-itude!                   MARK-ive
       03
      03                   04                         05                      06


                                                                        SPECIAL STORY
                                       COVER STORY

                                          REVERSE
                                         MARKETING

                                                   07

 FEATURED ARTICLES                                                       MARKETING
 IS BRANDING THE WAY TO ENTER RURAL MARKETS?
 MARKETING STRATEGY ADOPTED BY NOKIA FOR
                                                        …12
                                                                          THAT GOES
 ITS NEW NOKIA LUMIA TO BREAK THE CLUTTER IN THE                        BEYOND DEATH
 SMARTPHONES SEGMENT                                    …14
 NEWSPAPER BRANDS WAR!                                  …16                  10


 BOOKWORM                SqAreheaD                  REWIND                   BUZZ

        18                      19                      20                    21

FEBRUARY 2012                                                                       02
TWEETS
 Google Removes Search, YouTube Content on Indian Court Order
 Google Inc. removed content from its India domains that was deemed
 objectionable by a New Delhi district court after a civil lawsuit against
 the owner of the world’s largest search engine. The content was
 deleted from domains .in and .co.in, while remaining accessible from
 other countries.


                   Shahrukh Khan roped in as ambassador for Royal Stag
                   Pernod Ricard India has signed Bollywood star Shahrukh Khan as the brand
                   ambassador for its brand, Royal Stag. Shahrukh will work in tandem with his
                   fellow Bollywood actor Saif Ali Khan, who has been its brand ambassador for the
                   last several years.


 Flipkart acquires Letsbuy
 Flipkart, one the country's biggest online retailers, said it has acquired
 smaller rival Letsbuy in a cash and stock deal without specifying the
 value of the transaction. But people familiar with the matter said it
 was worth around $20 million.


                         Amazon enters India with junglee.com
                         US online retail giant Amazon has made its first foray into India with launch
                         of a shopping website, Junglee.com, as it tests the waters for a possible full
                         entry into the nation's e-commerce market.


 Microsoft warns users against Google's privacy policy changes
 Microsoft Corp slammed search rival Google Inc with full-page
 newspaper ads in the US, saying that recent changes at Google that
 allow it to internally merge the data it collects on user activity
 across services such as YouTube and Gmail are meant to allow
 advertisers to better target customers. Google has touted the
 overhaul it announced last week as a simplification of detailed but
 obtuse policies and a way to provide a better user experience.

                         Microsoft India ties up with Ybrant Digital
                         Microsoft Corporation India has appointed digital marketing solutions and
                         services company Ybrant Digital as its advertising sales house as it expands
                         activity to non-metro cities such as Hyderabad, Chennai, Kolkata, Ahmedabad,
                         Pune, and Goa.




FEBRUARY 2012                                                                                       03
It’s all about AD-itude!
                                                                   Advertiser: CPAA india
                                                                   Advert title: Chanting
                                                                   Lighter
                                                                   Creative Agency: Ogilvy
T                                                                  India
                                                                   Cancer     Patients    Aid
V                                                                  Association this time
C                                                                  tried something new and
                                                                   instigating to spread the
                                                                   awareness          against
                                                                   cigarettes        amongst
                                                                   smokers.
     Unlike most countries cigarettes are sold loose in India and so all cigarette shops have
     electric lighters fitted for smokers. The ad shows how the lighter itself can be used as
     the medium to ask smokers to quit smoking. So the regular lighter was changed with
     the chanting lighter. The music it played was a chant which is sung when someone
     dies in India. “Ram naam satya hai!”
     The ad shows the recording of smokers’ reaction when they light the cigarette. The
     purpose of the ad is to show these people that each time they light a cigarette they
     are actually taking a step towards death.
     Ad seems Very Effective!

                                                                 This is an innovative print
 P                                                               ad        campaign       by
 R                                                               McDonald’s in Mumbai,
                                                                 Thane & Navi Mumbai. This
 I                                                               is very apt for this voting
 N                                                               season.
                                                                 McDonald’s came up with
 T                                                               this ingenious idea of
                                                                 giving free cokes to all
     those who voted in these elections. Show the voting sign and get a coke free!
     It is not only an image booster but also a marketing master-stroke. This is a good
     initiative to make sure that the youth become socially responsible. The young
     generation is conceived apolitical, so this ad makes them more responsible.
     Resonating the core idea of anti corruption movement this ad aims at galvanizing the
     young against corrupt politicians.




FEBRUARY 2012                                                                               04
NEW
                                  brand-MARK-ive
 SECTION
   This new section is
   dedicated      to      a
   particular brand stating
   some mind boggling
   facts and other trivial
   information about the
   company and aims at
   increasing         one’s
   knowledge quotient.




Coca Cola was first formulated by John              The name of the flavour base included in the
Pemberton at the Eagle drug and Chemical            secret formula for 'Coca-Cola' is referred to as
Company and called it Pemberton's French            7X which only a few people know. Concentrate
Wine Coca after getting inspired by Vin             for 'Coca-Cola' is made in a number of
Mariani. It was sold as a patent medicine that      centralized production facilities, and is
was believed to cure many diseases, morphine        exported to all countries in the world that
addiction, impotency and headache.                  bottle 'Coca-Cola'.
The non-alcoholic version of the French Wine        Although 'Coca-Cola' is enjoyed ice-cold
Coca was sold for the first time in 1886 at the     around the world, in Hong Kong it is also
Jacob’s Pharmacy.                                   served hot as a remedy for colds.
Coca-Cola which means “to make mouth                Some unusual uses of Coca Cola include as a
happy” in Chinese is called “Coca-Cola”             grease stain remover, rusty bolt loosener, toilet
because of the original ingredients used in the     cleaner, spermicide, odor remover, medicine,
medicine, Coca leaves and Kola seeds.               and many more.
The Coca Cola logo was created by John              The company champions various CSR
Pemberton’s bookkeeper, Frank Mason                 initiatives such as rainwater harvesting,
Robinson, in 1885 who came up with the name         restoring groundwater resources, going in for
and chose the logo’s distinctive cursive scripts.   sustainable packaging and recycling, and
The typeface used, known as Spencerian script       serving the communities where it operated.
was the dominant form of formal hand writing        The Coca Cola Company presently offers a
in US.                                              portfolio of more than 3500 products in over
The Coca Cola bottles are often referred to as      200 countries.
“Hobble-skirt Bottles” because of its               Last year on May 4th 2011, Coca Cola
resemblance the bottle contours resembled to        celebrated 125th anniversary by creating the
a dress from the early 1900s.                       World’s Largest Single Building Illumination in
Coca Cola is credited with inventing the            their headquarters at Atlanta, thanking people
modern image of Santa Claus as an old man in        around the world.
a red-and-white suit.




FEBRUARY 2012                                                                                      05
TETE-A-TETE
                                                       them?
                                                       Primarily, interaction with people who can share
                                                       their experience about corporate world with
                            Mr.                        students. Their exposure needs to be increased
                                                       while there should also be soft skill training given
                      K Ramakrishnan,                  to students to meet the expectations of the
                         VP of L&T                     industry. We need people who can communicate
                                                       clearly and effectively. As far as theory goes I think
                                                       b-schools are doing a decent job but I reckon soft
                                                       skills do not receive their due importance.
                                                       How different is the work environment in India
Mr. Ramakrishnan is currently the V.P of Larsen &      as compared to the European countries you have
Toubro Limited, Hazira Central Services, Surat. He     worked in?
spoke to students on “The skills for being a           There are quite a few things we can learn from
manager and the need to be able to adjust to the       other country nationals:
changing paradigm”. He had the audience excited        1. Value of time is very high
about future avenues that await them. He spoke         2. Interactions had to be specific and to the point
at length on the importance of communication,          3. Commitment had to be very specific
active listening, risk mitigation and sustainable      4. Discipline not just in terms of time but, walking
efforts. The talk was extremely engaging and           on the road, or driving.
inspiring. Mr. Ramakrishnan shared his                 Do work ethics get compromised when it comes
experiences and learning and left us with some         to sales and marketing department?
food for thought. Our voracious team Marksman          Yes. I am being very upfront while saying this.
caught up with him after the lecture for additional    There may be customers who give you some
insights.                                              indication in some way to help their business. So
Sir you graduated as a B.E. from VJTI and joined       there is a very thin line or shall I say there is a grey
L&T. To that regard, does a good manager really        area where I don’t think any company can
need to be an MBA?                                     confidently say that they haven’t strayed into. So
In today’s context MBA is important because it         there yes there is a bit of aberration or a deviation
helps learn all the facets of management which         but generally it is ethical.
would be missed out otherwise. But I would             Marketing is a very dynamic field with change
rather prefer a person who has worked in the           being the only constant. How to you keep
industry and then undertakes MBA because it            yourself updated and stay in the thick of things?
helps them hone their skills and experience.           Well in many ways! Reading up and interaction
In order to sustain oneself, they say it is            with people are very informative means.
important to unlearn one’s b-school learning           Especially in the Business Development field, you
while entering the corporate world. What is your       need to spend more time in person with the
take on this?                                          customer. Meet, see the site and understand the
I think that most things you have learnt at college    client’s requirements. It is imperative to
or school stand you in good stead while working        understand the change by being in it. No
also. I don’t think there is any unlearning as such.   substitute for that! Also you need to be at the
It is just that you learn a lot with experience and    right place at the right time. Prove yourself, prove
maybe something very theoretical may have to be        your worth, accept challenges and turn them into
unlearnt.                                              successes. It’s a demanding result driven world,
What should SIMSR do to ensure students adapt          we need to be prepared for it!
easily to corporate life that awaits

FEBRUARY 2012                                                                                              06
It is a marketing concept which companies          should be and the only way they could reach
    use to create such an image of the company         their full potential was to purchase a certain
    that the potential customers will seek the         product or service.
    company, rather than the marketers of the
C   company seeking the customers. This is
    done      mostly    by using         traditional
O   advertisements, print advertisements and
    online media but the main difference lies in
V   the fact that here companies put out their
    content at a location where people will find
E   it while searching for the product instead of
    directly advertising to sell the product.
R    The ‘Law of Attraction’ as people say is the
    basis of Reverse Marketing. In words of
    Leenders and Blenkhorn, Reverse Marketing
    is “an aggressive and imaginative approach
S   to achieving supply objectives”. The
    purchaser makes the initiative in making the
T   proposal. Reverse marketing is a technique
    that when used properly can build your
                                                       Companies did not worry that this technique
                                                       was turning many consumers off since there
O   client base simply and easily. However, in
    order to use reverse marketing effectively
                                                       were plenty of marketing dollars going
                                                       around and they knew that they would
R   you have to have a clear understanding of
    the concepts behind it.
                                                       convince at least a small group of consumers
                                                       to try their product by these hard-sale
Y   The Traditional Way of Advertising
                                                       tactics. However, when more became
                                                       scarcer and consumers started shopping
    The old way of advertising was based on            more carefully, these companies found the
    companies actively trying to convince              hard sales tactics simply no longer worked.
    people that they needed their product. To
    do this companies would use what is known          How Reverse Marketing Works
    as the hard sale method which simply               Reverse marketing works by not using hard
    means they would go out of their way to tell       sale tactics. In some cases, reverse
    people that their product or service would in      marketing means no salesmanship at all.
    some way improve or enrich their lives.            Instead,     reverse marketing      allows
    Many times in order to sell their product the      consumers needing your product to come to
    hidden message in these advertisements             you by showing them that you are
    were that somehow the consumer was less            concerned about what they need and that
    attractive, less successful, or they were          you are savvy enough to help them meet
    enjoying life less than they                       their needs.

FEBRUARY 2012                                                                                     07
COVER STORY
Instead of advertising your business and trying to    quality customers who are ready to buy, especially
convince people that your product or service is       after seeing that a company is knowledgeable and
better than the competitors, you offer them           helpful about a product they wish to buy. A similar
helpful information in solving their problem or       example of reverse marketing would be to put up
need. This way you are giving the consumer            an unbiased review site, with links to your web
practical advice they are looking for at no price.    page for more information or a similar product to
Then at the end of your advice you include a little   those you are reviewing. Strength of this type of
information about yourself including your website.    reverse marketing is that customers searching the
Since you have talked about their specific issue      topic can find someone who first demonstrates
and using an answer to their query, the consumer      their knowledge on a topic with helpful
does not feel as though you are trying to sell them   information and links at the bottom to check out
anything. Those that decide that your product or      their online store. Companies can also use search
service is for them will then click on your link to   engines to advertise their products when the
see what you have to offer. And since you were        customers are looking for that kind of product on
the one that offered them helpful advice they will    the internet but here is a word of caution; paid
be more tempted to buy from you.                      links on search engine does not serve the same
Reverse marketing works simply because you are        purpose as reverse marketing because people
helping the consumer achieve a goal they              often don’t like to open them as they are
themselves have without trying to force them to       displayed separately. People respond much better
buy anything. The consumer comes to you, not          to content when the main purpose of it is not an
you to them.                                          actual advertisement.

                                                      Using the Unbiased Approach
                                                      The success of the Reverse Marketing Campaign
                                                      usually depends upon the ability of the seller to
                                                      showcase the benefits of their products in most
                                                      unbiased way. The company can project the
                                                      unbiased views by either writing it themselves or
                                                      they can take help of professional websites to
                                                      write unbiased reviews for them. This will not only
                                                      create a positive image in the mind of the
                                                      customer about the product but also induce them
                                                      to put the product in their consideration set. A
                                                      good example of this will be reviews of
                                                      automobiles present on the websites. In this ever
                                                      changing world of information technology where
An example of reverse marketing would be a            people have easy access to information on
company that sells health related product such as     internet, will you prefer to search reviews about
water purifiers, adds to their web site a long E-     product on internet before making a purchase
book or essay about subjects that potential           decision? If the answer is yes then you can surely
customers are searching for on search engines.        understand the importance of an unbiased good
Compared to just putting a banner ad up on a web      review of the product and the extent to which it
site, reverse marketing can attract very high         can affect your purchase decision.


FEBRUARY 2012                                                                                        08
COVER STORY
For those who think that despite reverse                    towards using the products of Dove. This
marketing, customer may buy another product                 approach did wonders for them and it was very
and all these efforts go in vain. Yes, it is possible       successful.
but then companies spend big bucks on direct                The concept of Reverse Marketing considerably
marketing schemes, which determine their                    changes the traditional buyer-seller relationship.
success rate. Reverse Marketing will still be an
easier way to win customers and create a good
image in market.

Success Story of Dove
A wonderful example of Reverse Marketing is
success of ‘Dove’. Usually, cosmetic companies
advertise their products by convincing the
customer about how their products will improve
their flawed looks. If you're dark, they'll make you        The traditional relationship, where the seller takes
fair. If you're pimply, they'll clear it up. If your skin   the initiative by offering a product, is increasingly
is dry, they'll moisten it. And the list goes on and        being replaced by one where the buyer actively
on. Basically cosmetic companies tempt you to               searches for a supplier who is able to fulfil its
find the flaws in you, criticize your looks and             exact needs. This again emphasises the fact the
create this impression that you're quite ugly               market is greatly moving towards customer
overall, and the only way to make yourself more             centric orientation. Reverse Marketing can be a
desirable is to use their products.                         very useful tool for companies to succeed in such
But Dove chose a different approach, though they            changing environment. But there are some
might not be willingly doing Reverse Marketing              important points that should be considered before
but effect was nonetheless same. Instead of                 using the reverse marketing tips. First, a new
pointing at the flaws the skin, Dove asked women            entrant should be very careful in trying this
to come together and celebrate their beauty. You            because customers pay attention to those
will now notice, how very less coercive Dove ads            products which are there in their awareness set.
seem as compared to the ads of other cosmetics              Dove and other reverse marketers have been
brands. It's a completely different, novel approach         successful because they are already established
to marketing altogether. Dove rarely uses models,           brands and people know how good they are.
which are viewed as plastic and artificial. Dove            Secondly, the most important point, the products
uses 'real women', beautiful, but not extremely             should be good enough to speak for themselves.
so, to add a touch of
realism to the ad. And it
is this appeal, the
seeming genuineness of
women, the lack of
coercion, and the lack of
this artificially created
sense of inferiority of
women to the models in
terms of looks, that drew
more and more women


FEBRUARY 2012                                                                                                09
S
P                                Vampires are all the rage right now from books to
E                                movies to sitcoms; everyone seems to be hooked
                                 onto these resurrected creatures. Fictional
C                                although they might be, but their popularity after
                                 death is something to take note of. Although it
I                                takes a lot of imagination to understand the world
                                 of vampires, we can see something a bit more
A                                realistic in the world of marketing going on. It is
                                 marketing after death.
L
                               What is it?
S   Two words to sum it all                                  the shock, mystery
T   up     are     “Michael
    Jackson”. He might
                                                             behind the death and
                                                             condolences, another
O   have been the greatest
    performer of all times
                                                             thing that came was a
                                                             sudden spurt in music
R   and a pop revelation
    and always surrounded
                                                             sales.         Everybody
                                                             suddenly remembered
Y   by controversy (which
    isn’t always a bad
                                                             him only for the great
                                                             artist he was which
    thing!) the fact of the                                  resulted in a huge
    matter is that his music                                 increase in sales of his
    sales had been on a                                      music. All radio stations
    downward spiral since                                    started playing his
    long and he was in a lot                                 songs and other artists
    of debt. But post his                                    who wanted to be a
    untimely death on June                                   part of this surge gave
    25,    2009,     a   lot                                 tributes to him further
    changed. Along with                                      adding to it all.




FEBRUARY 2012                                                                      10
SPECIAL STORY



   Can it be
   milked?




  Well it is pretty evident that dying to market your product is not a very viable option, but
  yes, it still can be utilized, and it is something that is being done well. “Limited Edition”,
  these words mean exclusivity to the customer and a license to overcharge. Luxury car
  makers are doing this since long, making a few hundred cars of a type which are slightly
  different than the standard car and charging huge amounts for it and then discontinuing
  with it. The Rs 14Cr Lamborghini Raventon is a perfect case in point with just 20 cars having
  being made. As people know it will no longer be available, it justifies the premium. Similar is
  the case with vintage cars and even antiques in general. The fact that a particular thing will
  no longer be available generates a push in people to lap it up while the existing stock lasts.

  So in conclusion one can say, killing a brand or rather making something new to prematurely
  kill it is a highly effective way to make people buy the product. May it be its snob value or
  the exclusivity or the collectability, all we can say is “Offer valid till stocks last”.




FEBRUARY 2012                                                                                       11
FEATURED ARTICLES
                         IS BRANDING THE WAY TO ENTER
                                RURAL MARKETS?
                                -Sourabh Sahu, IIM-Indore

Well, before I come to the specific issue of getting a good sales-figure in rural India for any
business, let’s look at some strategic pitfalls that these companies go through in rural India.
Most marketing men adopt a few ‘quick-fix’ strategies before venturing into the Rural
markets with their brands. They merely strip down all the ‘so-called’ frills from the product
currently being sold in urban and believe that the product is ready to go rural. Just extend
their brand to low cost packs, or merely modify the packaging marginally. Also, use cheaper
packing material, adapt the urban advertising or offer meaningless sales promotion
giveaways. All these and more are just short-term measures to enter the rural markets. And
if one believes that these will ensure success in the rural markets, it can but remain only as
wishful thinking.

What then is the route to building a Brand
In rural?

The answer to the above question is what
our marketers today call ‘Rural Branding’.
 A route that is sensitive and appropriate
to the needs of the rural consumer. The
Next obvious question is how it is done. I
Believe, that you can Build your Brand in
Rural only if you build the following five
attributes Into your product:

Build Customization
Customizing or reverse-engineering your product to suit the needs of the rural consumers is
the key to success in the rural market place.
One needs to first go into the rural markets to find out the wants, needs, aspirations and
dreams of the rural consumer, meet up with the villagers and create a product that is
relevant to their needs. It also means we not only need to ‘engineer’ a product that appeals
to him but also need to go back to him for ‘ratification’ of its relevance.

Build Empathy / Relevance
Building empathy for your brand begins with the Brand name. It is important to seek out a
Brand name that is preferably vernacular, that is in tune with the ethos of the market


FEBRUARY 2012                                                                               12
FEATURED ARTICLES




 and the social milieu it will sell in. And the same logic applies for the color, the slogan
 and every aspect of communication. They must strike the right chord with the rural
 consumer!

 Build Recognition
 There are two issues that need to be addressed while Building Recognition into a Brand
 targeting the Rural Market.
 The need for protection against the rampant prevalence of duplicate or parasite brands.
 The need to physically demonstrate the use of a product in view of the high involvement
 of a rural consumer in the purchase process.

 Build ‘Word-of-mouth’
 Strong word-of-mouth for a brand can be built through executing customized events
 within the village revolving around the core message of a Brand, appealing to the core
 target group.

 Build Access
 Reaching the rural consumer with their products and services remains the biggest
 challenge to an average marketer. I am sure as the days go by, the compulsive need to
 enter far flung rural homes will provoke marketing men to come up with more creative
 solutions for cracking this problem of Building Access.

 To conclude, Building a Brand in Rural India will continue to pose the biggest challenge
 to the marketing fraternity in the years to come. Hence, the Art and Science of Brand
 Building in rural needs to become an integral part of the learning process in the
 innumerable Management Institutions across the nation.



FEBRUARY 2012                                                                                  13
FEATURED ARTICLES
                MARKETING STRATEGY ADOPTED BY NOKIA FOR
             ITS NEW NOKIA LUMIA TO BREAK THE CLUTTER IN THE
                         SMARTPHONES SEGMENT
                                  Abhishek Shukla, NMIMS
Bring it on - All or Nothing:
Virendra Sehwag goes for it all. If the leather lands in his territory, he swings his willow like a
swaggering blade. If he connects, he is considered to be a game changer but if he fails he is
murdered for not playing by the books. By planning the largest marketing budget on a single
phone than it has ever done before, Finland based and world’s largest phone manufacturer,
Nokia has gone for a zero sum strategy.

The Game Changer:
Apple, Samsung, Sony, HTC all claim to
possess unique brand names in the
Smart phone category. Since Nokia
already missed the Smart phone
wagon, it had to take bold measures to
ensure it stays in the race. Nokia started
off in style. The marketing extravaganza
began with glittering Lumia phone
displays across Delhi Metro stations.
After covering railways, it was the turn              Jet Airways flying with Nokia Lumia colors
of aviation with Jet Airways Boeing 737-
800 bearing the colors of Nokia Lumia.
It also featured the names of the
employees who came up with the
marketing idea.
                                                      Shahrukh Khan’s tweet praising Nokia Lumia

Bollywood came calling with Shahrukh Khan tweeting that Lumia is an awesome phone. This
marketing strategy seems reasonable given that King Khan’s opinion might influence his 1.5
million twitter followers.

The Amazing Everyday:
Be it a smile or the tears, moments are amazing. ‘The Amazing Everyday’ campaign aims at
capturing those precious moments that happen in our lives every day. Nokia held events across 5
major Indian cities: Mumbai, Delhi, Bangalore, Kolkata and Hyderabad. The campaign in financial
hub included a dance performance by a foreign troupe. In the political capital, Nokia organized a
mega musical event. Gurgaon was also up for the treat when Lumia pre-orders were distributed by
tennis sensation Sania Mirza. Few lucky Gurgaon locals also received free XBOX 360 to mark the


FEBRUARY 2012                                                                                      14
FEATURED ARTICLES
occasion. Keeping with Lumia’s blue color, Nokia came up with ‘Blue Santa’ who distributed
chocolates and coupons in malls.
Another innovative marketing mantra was at display when toll was exempted for more than 15,000
cars at DND Freeway connecting Delhi and Noida. Then came in a chance for the social networking
geeks to shine in the prize glory. Nokia organized a ‘Lumia Sky Party’ where winners from a contest
held on Facebook were taken for a 45 minute ride in the Nokia Lumia brand Jet Airways plane.




                                                                              Sania Mirza promoting
                                                                              Nokia Lumia in a launch
                                                                                    in Gurgaon

 Fun Week:
 All thanks to Lumia launch, it was a fun filled candid week for the Nokia employees. It began with
 ‘Wow Monday’ when a life size Lumia was kept in the office and people had to tap on it to receive
 gifts such as chocolates, Rubik’s cube and laptop stickers. Then came ‘Kinetic Tuesday’ where scooties
 were placed around Nokia office for employees to experience the ride. ‘Surprise Wednesday’ was a
 treasure hunt when employees ran around the premises searching for magic boxes. It was time to
 turn on the dancing shoes with ‘Foot Tapping Thursday’ where employees showed their dancing
 moves. It all ended on a delightful note when the office was closed on Friday so that employees can
 attend the launch events.




                                                                               Nokia Lumia taxi offering
                                                                                  free ride to early
                                                                                       adopters

 Will it work?
 Is it desperation on Nokia’s part which made it market Lumia on such a grand scale? Will the
 marketing strategy be enough for Nokia to regain the telecom throne? Let the clock turn and these
 questions will be answered. But one thing is for sure. Nokia has turned the marketing notions on its
 head. With it’s out of the book play, Lumia has grabbed the eyeballs. Nokia did lose the Smart phone
 battle but it has surely won the Marketing war.


FEBRUARY 2012                                                                                         15
FEATURED ARTICLES
                    Newspaper Brands on War!
         Trisha Pandey, Shailesh J.Mehta School of Management, IIT Bombay


         I dare you to compete…the latest move of Indian Advertisement industry

 The recent addition being The Times of India
 (TOI) vs The Hindu ad wars. On one hand “The
 TOI ad” screams its value quotient of how it
 keeps its readers engaged and not bored unlike                The Times of India vs The Hindu


 its rival newspapers and on the other “The
 Hindu ad” positions its readers as informed
 individuals (Stay ahead with Hindu) compared to
 readers of other newspapers.

 Over the years the Indian advertisement industry has remained apprehensive about its
 perception towards comparative advertising. That is the reason the number of comparative
 advertisements has remained in few hundred among millions of ads that has been made till
 date.
 However, among the plethora of varieties of ads techniques available, the comparative
 technique has been found to be highly effective (subject to few regulations); reason being
 multi-fold:
 Establishes value proposition of the brand
 Positions the brand as being better than its competitor(s)
 Get eyes rolling (maximizing target audience exposure and customer recall value)
 Competing through comparison works in interest of quality and price sensitive customers
 Market grows more mature and transparent




FEBRUARY 2012                                                                                    16
FEATURED ARTICLES
 The comparative ads can be direct if it directly names and attacks its competitors as had been
 the popular Rin vs Tide case or it can be indirect like the above mentioned TOI vs Hindu ad. Also
 a comparative ad can be targeted against a single rival, who is generally either the market
 leader or the nearest competitor in the market for instance the BMW vs Audi print ad or it can
 be an ad that targets multiple rivals at the same time-the Colgate Precision print ad.




  The concept of comparative ads can be explained through game theory –
  Zero sum game -when one brand’s gain is equivalent to rival brand’s loss; Win-Lose- when one
  brand’s gain is more (or less) than rival brand’s loss and Lose-Win-when comparative strategy
  misfires hampering the brand repute. Misfiring happens when either the regulations are not met
  or the exaggeration to prove superiority is beyond limits of being truthful or justifiable. Thus
  return-risk tradeoff needs to be handled carefully while implementing comparative techniques;
  especially in an environment where customers have grown more awakened and empowered.
  Ads which earlier seemed to be highly offensive to Indian market is the reality of advertising
  today. The present day Indian advertising houses are gradually developing their knack to conquer
  this new territory of advertisement stage.


  The truth of Marketing is that the war should go on….and to win this war it is imperative to be
  open to change




FEBRUARY 2012                                                                                        17
BOOKWORM
                                     About the author: Philip Kotler (Chicago, IL) is
   Ten Deadly Marketing              the S. C. Johnson Distinguished Professor of
  Sins- Signs and Solutions          International Marketing at North-western
                                     University's Kellogg Graduate School of
         Philip Kotler               Management and the author of 15 books,
                                     including Marketing Insights from A to Z and
                                     Lateral Marketing , both published by Wiley.

                                     About the book:
                                     In this book Philip Kotler recognizes ten most
                                     common mistakes that marketers make. Kotler
                                     covers each sin in depth as a chapter and
                                     provides signs to identify such mistakes and
                                     solutions to reverse them.
                                     These sins are explained in ten chapters and
                                     covers all the downsides that a company faces
                                     in the marketing domain. Each sin mentioned
                                     seems very simple but even the best companies
                                     have failed to practice these ideas and
                                     concepts.
                                     After having explained the sins, Kotler went on
                                     to prescribe Ten Commandments to all
                                     marketers. With these commandments
                                     marketers will learn how to stay market-focused
                                     and customer-driven, fully understand their
                                     customers, keep track of the competition,
                                     manage relationships with stakeholders, find
   Favourite Quotes:                 new opportunities, develop effective marketing
                                     plans, strengthen product and service policies,
   “Marketing's work should not      build brands, get organized, and use technology
   be so much about selling but      to the fullest.
   about creating products that      The book is written in simple words and raises
   don't need selling"               thoughts. Ten Deadly Marketing Sins is a best
                                     and valuable resource to all the marketers from
                                     the respectable thinker of the modern
   “Marketing is easy to             marketing age. However the author has been
   understand but difficult to       quite repetitive and the concepts are well
   practice".                        known to a marketing practitioner. Nevertheless
                                     it would be good information for a beginner to
   “Most of marketing is reduced     get hold of the key theories and also for
   to a one-P function —             companies as even the big companies have
                                     failed at these concepts.
   Promotion — not a four-P job.”



FEBRUARY 2012                                                                           18
SqAreheaD




FEBRUARY 2012               19
REWIND
                                                              A Grandeur which will live in
                                                                 our memories forever!


We at SIMSR recently conducted our annual festival
Melange- “where Ideas converge” on the 17th and 18th of
February where more than 50 business colleges and 1,200
students    participated   enthusiastically    in various
management and cultural events. ‘Melange’ meaning a mix
of culture, aimed at creating platform where ideas
converged and gave rise to a novel experiences.
The management events saw students drafting solutions to
case studies, business plans and exploring their potential.
Samridhi Social B plan competition with 10 teams in the
finals was about making a business plan answering the
problems of society as well as practicing course skills and
developing       awareness      of       social     issues.

The event, running for more than 10 years now, was
planned over three months by a team of 30 senior
students. Among the most important workshop, the IMC
colloquium was held by Prof. Isaac Jacob. It consisted of a
round table of 45 minutes and a presentation of an
advertisement project of 15 minutes for each of the 10
teams. Other workshop by MBA Skool and Scorpio King,
which was about selling a Scorpio to the audience, were
also        a         hit          with          students!

Each competition was judged by noted professionals such
as the brand manager of Scorpio. A total of Rs.3.85 lakh in
cash and 10 lakh in goodies were distributed during the
fest. Through the day, students could visit the stalls and
have fun with informal events while in the evening they
danced and performed on the stage. The college band Mauj
also put in an enticing performance. Melange was enjoyed
by one and all alike!




FEBRUARY 2012                                                                           20
BUZZ
      THE CROSSWORD
                                                                        ACROSS
                                                    1.       The radio station shown in the
                                                             pictures is owned by which
                                                             company? “The Week” magazine
                                                             is also owned by this company.
                                                    4.       The logo belongs to a company
                                                             called XY. XY is also referred as
                                                             Golden Y, Rainbow Y, Town Y, Silver
                                                             Y and the official internet address
                                                             exist in 75 countries. Identify the
                                                             company XY.
                                                    5.       This security company services
                                                             stars like Mithun Chakraborty, SRK,
                                                             Aamir Khan, Lalit Modi, etc.
                                                             Identify the company?
                                                    7.       This Indian company is the largest
                                                             exporter of Roses in the World.
            THE CLUES
                                                                        DOWN
                                                    2.       The logo is that of Mumbai Mantra,
                                                             which     company      owns    this
                                                             production house?
                                                    3.       “IHealthU” comes under the
                                                             banner of which famous company?
                                                    6.       The hood ornament shown is one
                                                             of its kind for which famous car
                                                             company? The picture shows Saint
                                                             George slaying a dragon.
                                                    8.       Which company owns this retail
                                                             chain?
                                                    9.       This Imperial Eagle used to the old
                                                             logo of which bank?


                     6.Rolls Royce 7.Karuturi Global 8.Bharti 9.Deutsche Bank
      1.Malayala Manorama 2.Mahindra 3.Britannia 4.Yellow Pages 5.Ace, owned by Ronit Roy.



FEBRUARY 2012                                                                                21
Articles can be sent on any one of the following topics*:


          1. How digital marketing is changing the face of
             conventional marketing ?
          2. When fans attack – How companies Handle crises on
             Facebook
          3. Innovations in promotion and marketing of Movies.

   *Please ensure that there is no plagiarism and all references are
   clearly mentioned
       1. One article can have only one author.
       2. Your article should be from 500-600 words and MUST
          be replete with relevant pictures that can be used to
          enhance your article.
       3. Send in your articles in .doc/.docx format with font
          size 11 (Arial) to: interface.newsletter@gmail.com
       4. Subject Line: Your Name_InstituteName_CourseYear.
       5. Kindly name your file as: Your Name_Topic
   The best adjudged article will be given a winner's certificate.
   Deadline for submission of the articles: 11:59 PM , 16 March
   2012.




FEBRUARY 2012                                                          22
To subscribe to "The Marksman", Follow the link:-
             http://interfacesimsr.weebly.com/the-marksman.html

        OR drop in a mail/contact us at : interface.newsletter@gmail.com
         Subject line: Subscribe: Your Name_Institute Name_Course Year



                              THE TEAM
            COVER STORY                 SPECIAL STORY       It’s all about AD-itude
            Vibhav Shukla                 Upveen Tameri           Pallavi Srivastava


             SquAreheaD         Tete-A-Tete & REWIND                 COVER PAGE
         Pallavi Srivastava               Niyati Chamyal            Yash Chamaria
                                                                  Tilottama Sanyal

                  TWEETS                          BUZZ                     DESIGN
            Upveen Tameri                  Sujit Mishra           Tilottama Sanyal


            BOOKWORM                   Brand-MARK-ive               PROMOTIONS
                Hinal Shah                 Sujit Mishra         Keith Mascarenhas


Follow us at:                                                            Website:
http://www.facebook.com/simsr.interface          http://interfacesimsr.weebly.com


FEBRUARY 2012                                                                     23

Contenu connexe

Tendances

The Brand Gap
The Brand GapThe Brand Gap
The Brand GapSj -
 
Brand equity of parent brand helps new product within the same umbrella
Brand equity of parent brand helps new product within the same umbrellaBrand equity of parent brand helps new product within the same umbrella
Brand equity of parent brand helps new product within the same umbrellaSiddhant Jain
 
The marksman february 2013
The marksman february 2013The marksman february 2013
The marksman february 2013marksmansimsr
 
Digital Packaging: A Recession Proof Market Opportunity
Digital Packaging: A Recession Proof Market OpportunityDigital Packaging: A Recession Proof Market Opportunity
Digital Packaging: A Recession Proof Market Opportunityrosehaus
 
Marketing warfare strategies
Marketing warfare strategiesMarketing warfare strategies
Marketing warfare strategiesAryanKeshri1
 
A BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDS
A BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDSA BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDS
A BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDSSameer Mathur
 
Bland Brands: Getting the flavor back
Bland Brands: Getting the flavor backBland Brands: Getting the flavor back
Bland Brands: Getting the flavor backharshdutta
 
T the ad club
T the ad clubT the ad club
T the ad clubshivshalu
 
Anthem Sightings March 2011
Anthem Sightings March 2011Anthem Sightings March 2011
Anthem Sightings March 2011BrandSquare
 
Procter & Gamble by gulab
Procter & Gamble by gulabProcter & Gamble by gulab
Procter & Gamble by gulabgulab sharma
 
Top product and brand failures 2016
Top product and brand failures 2016Top product and brand failures 2016
Top product and brand failures 2016Failwatching
 

Tendances (20)

The brand gap
The brand gapThe brand gap
The brand gap
 
The Brand Gap
The Brand GapThe Brand Gap
The Brand Gap
 
Mris report
Mris reportMris report
Mris report
 
celebrity endorshment
celebrity endorshmentcelebrity endorshment
celebrity endorshment
 
Brand equity of parent brand helps new product within the same umbrella
Brand equity of parent brand helps new product within the same umbrellaBrand equity of parent brand helps new product within the same umbrella
Brand equity of parent brand helps new product within the same umbrella
 
Brand & Brand Management - An Overview
Brand & Brand Management - An OverviewBrand & Brand Management - An Overview
Brand & Brand Management - An Overview
 
The marksman february 2013
The marksman february 2013The marksman february 2013
The marksman february 2013
 
Case studies marketing
Case studies marketingCase studies marketing
Case studies marketing
 
Digital Packaging: A Recession Proof Market Opportunity
Digital Packaging: A Recession Proof Market OpportunityDigital Packaging: A Recession Proof Market Opportunity
Digital Packaging: A Recession Proof Market Opportunity
 
Glidden book
Glidden bookGlidden book
Glidden book
 
Marketing warfare strategies
Marketing warfare strategiesMarketing warfare strategies
Marketing warfare strategies
 
A BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDS
A BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDSA BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDS
A BRAND IS FOREVER: A FRAMEWORK FOR REVITALIZING DEAD AND DECLINING BRANDS
 
Bland Brands: Getting the flavor back
Bland Brands: Getting the flavor backBland Brands: Getting the flavor back
Bland Brands: Getting the flavor back
 
T the ad club
T the ad clubT the ad club
T the ad club
 
Anthem Sightings March 2011
Anthem Sightings March 2011Anthem Sightings March 2011
Anthem Sightings March 2011
 
Procter & Gamble by gulab
Procter & Gamble by gulabProcter & Gamble by gulab
Procter & Gamble by gulab
 
2007 9
2007 92007 9
2007 9
 
VF1998AR
VF1998ARVF1998AR
VF1998AR
 
Top product and brand failures 2016
Top product and brand failures 2016Top product and brand failures 2016
Top product and brand failures 2016
 
Myopic massification or cash cow cowardice
Myopic massification or cash cow cowardiceMyopic massification or cash cow cowardice
Myopic massification or cash cow cowardice
 

Similaire à The marksman february 2012

The marksman december_2012
The marksman december_2012The marksman december_2012
The marksman december_2012marksmansimsr
 
The marksman january 2012
The marksman january 2012The marksman january 2012
The marksman january 2012marksmansimsr
 
What marketing can do?
What marketing can do?What marketing can do?
What marketing can do?kscnair
 
Changing trends in Advertisement.
Changing trends in Advertisement.Changing trends in Advertisement.
Changing trends in Advertisement.divya_binu
 
Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020
Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020
Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020Social Samosa
 
The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022Bernard Marr
 
Advertising firm economics gvn by sid final ppt
Advertising firm  economics gvn by sid final pptAdvertising firm  economics gvn by sid final ppt
Advertising firm economics gvn by sid final pptDeepavali Vankalu
 
Key Innovative Advertising Trends
Key Innovative Advertising Trends Key Innovative Advertising Trends
Key Innovative Advertising Trends Mansi Arora
 
C:\documents and settings\speed\desktop\ads of idea sim card
C:\documents and settings\speed\desktop\ads of idea sim cardC:\documents and settings\speed\desktop\ads of idea sim card
C:\documents and settings\speed\desktop\ads of idea sim cardanup rawat
 
Ads of idea sim card
Ads of idea sim cardAds of idea sim card
Ads of idea sim cardanup rawat
 
Sign & Pop Magazine- Digital Printing: Inventing Possibilities
Sign & Pop Magazine- Digital Printing: Inventing PossibilitiesSign & Pop Magazine- Digital Printing: Inventing Possibilities
Sign & Pop Magazine- Digital Printing: Inventing PossibilitiesMansi Arora
 
Top Advertising Agencies in Delhi | Advertising Agency in Delhi NCR
Top Advertising Agencies in Delhi | Advertising Agency in Delhi NCRTop Advertising Agencies in Delhi | Advertising Agency in Delhi NCR
Top Advertising Agencies in Delhi | Advertising Agency in Delhi NCRInfinity advertising Services
 
Snap deal- Building a brand image
Snap deal- Building a brand imageSnap deal- Building a brand image
Snap deal- Building a brand imageSaloni Sanghani
 
Best Retail Brands 2012 - by Interbrand
Best Retail Brands 2012 - by InterbrandBest Retail Brands 2012 - by Interbrand
Best Retail Brands 2012 - by InterbrandGenaro Bardy
 
Best retail brands 2012
Best retail brands 2012Best retail brands 2012
Best retail brands 2012Calvin Nguyen
 
Best Retail Brands 2012
Best Retail Brands 2012Best Retail Brands 2012
Best Retail Brands 2012pluto1970
 

Similaire à The marksman february 2012 (20)

The marksman december_2012
The marksman december_2012The marksman december_2012
The marksman december_2012
 
The marksman january 2012
The marksman january 2012The marksman january 2012
The marksman january 2012
 
What marketing can do?
What marketing can do?What marketing can do?
What marketing can do?
 
Changing trends in Advertisement.
Changing trends in Advertisement.Changing trends in Advertisement.
Changing trends in Advertisement.
 
Marketing3 0 p_kotler_nov2010
Marketing3 0 p_kotler_nov2010Marketing3 0 p_kotler_nov2010
Marketing3 0 p_kotler_nov2010
 
Marketing 3.0
Marketing 3.0Marketing 3.0
Marketing 3.0
 
Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020
Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020
Top 10 Brand Campaigns: Wizikey Newsmaker Report 2020
 
The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022
 
Advertising firm economics gvn by sid final ppt
Advertising firm  economics gvn by sid final pptAdvertising firm  economics gvn by sid final ppt
Advertising firm economics gvn by sid final ppt
 
Key Innovative Advertising Trends
Key Innovative Advertising Trends Key Innovative Advertising Trends
Key Innovative Advertising Trends
 
C:\documents and settings\speed\desktop\ads of idea sim card
C:\documents and settings\speed\desktop\ads of idea sim cardC:\documents and settings\speed\desktop\ads of idea sim card
C:\documents and settings\speed\desktop\ads of idea sim card
 
Ads of idea sim card
Ads of idea sim cardAds of idea sim card
Ads of idea sim card
 
Interbrand's Best Retail Brands 2012
Interbrand's Best Retail Brands 2012Interbrand's Best Retail Brands 2012
Interbrand's Best Retail Brands 2012
 
Sign & Pop Magazine- Digital Printing: Inventing Possibilities
Sign & Pop Magazine- Digital Printing: Inventing PossibilitiesSign & Pop Magazine- Digital Printing: Inventing Possibilities
Sign & Pop Magazine- Digital Printing: Inventing Possibilities
 
Top Advertising Agencies in Delhi | Advertising Agency in Delhi NCR
Top Advertising Agencies in Delhi | Advertising Agency in Delhi NCRTop Advertising Agencies in Delhi | Advertising Agency in Delhi NCR
Top Advertising Agencies in Delhi | Advertising Agency in Delhi NCR
 
Snap deal- Building a brand image
Snap deal- Building a brand imageSnap deal- Building a brand image
Snap deal- Building a brand image
 
Best Retail Brands 2012 - by Interbrand
Best Retail Brands 2012 - by InterbrandBest Retail Brands 2012 - by Interbrand
Best Retail Brands 2012 - by Interbrand
 
Best retail brands 2012
Best retail brands 2012Best retail brands 2012
Best retail brands 2012
 
Best retail brands 2012
Best retail brands 2012Best retail brands 2012
Best retail brands 2012
 
Best Retail Brands 2012
Best Retail Brands 2012Best Retail Brands 2012
Best Retail Brands 2012
 

Plus de marksmansimsr

The marksman december 2011
The marksman december 2011The marksman december 2011
The marksman december 2011marksmansimsr
 
The marksman october 2011
The marksman october 2011The marksman october 2011
The marksman october 2011marksmansimsr
 
The marksman anniversary_august 2012
The marksman anniversary_august 2012The marksman anniversary_august 2012
The marksman anniversary_august 2012marksmansimsr
 
The marksman september 2011
The marksman september 2011The marksman september 2011
The marksman september 2011marksmansimsr
 
The marksman november 2011
The marksman november 2011The marksman november 2011
The marksman november 2011marksmansimsr
 
The marksman july 2011
The marksman july 2011The marksman july 2011
The marksman july 2011marksmansimsr
 
The marksman august 2011
The marksman august 2011The marksman august 2011
The marksman august 2011marksmansimsr
 
The marksman september_2012
The marksman september_2012The marksman september_2012
The marksman september_2012marksmansimsr
 

Plus de marksmansimsr (8)

The marksman december 2011
The marksman december 2011The marksman december 2011
The marksman december 2011
 
The marksman october 2011
The marksman october 2011The marksman october 2011
The marksman october 2011
 
The marksman anniversary_august 2012
The marksman anniversary_august 2012The marksman anniversary_august 2012
The marksman anniversary_august 2012
 
The marksman september 2011
The marksman september 2011The marksman september 2011
The marksman september 2011
 
The marksman november 2011
The marksman november 2011The marksman november 2011
The marksman november 2011
 
The marksman july 2011
The marksman july 2011The marksman july 2011
The marksman july 2011
 
The marksman august 2011
The marksman august 2011The marksman august 2011
The marksman august 2011
 
The marksman september_2012
The marksman september_2012The marksman september_2012
The marksman september_2012
 

The marksman february 2012

  • 1. The MARKSMAN K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH VOL. 2 | ISSUE IX| FEB ‘12 MARKETING THAT GOES BEYOND DEATH! IS BRANDING THE WAY TO ENTER RURAL MARKETS? NEW SECTION Tete-A-Tete with Mr. K Ramakrishnan-VP of L&T
  • 2. EDITOR’S DESK Dear Readers, Welcome back to a brand new edition of your favourite marketing magazine and guide – THE MARKSMAN! In our endeavour to incessantly add more value to your reading, we now launch a fresh, informative yet entertaining section called “brand-Mark-ive” showcasing some never-before-heard facts and trivia about a brand. We kick-start this section with every marketers favourite brand – CocaCola. The cover story for the issue is Reverse Marketing, a concept which sees marketers move away from traditional forms of marketing which lure customers with a direct selling message in its communication. Instead, the focus is to let the customer find you. Our special story is on Marketing That Goes Beyond Death. Should you seriously contemplate killing your brand? Read on to find out more. Our featured articles of the month delve into the Nokia Lumia’s contemporary marketing strategy in the smartphone segment. Also question if Branding is the ideal way to enter rural markets. And who’s to forget, the trendy Newspaper war playing out in our own backyards. Flip those pages to read on! We would like to congratulate Sourabh Sahu (IIM - Indore) for being adjudged the Best Article of the Month. Our team caught up with Mr. K Ramakrishnan, Vice President, of L & T Limited, Hazira Central Services for a short tete-a-tete after his discourse on “The skills for being a manager and the need to be able to adjust to the changing paradigm”. Unwind with our regulars- SquAreHead, Bookworm, Tweets and its all about AD-itude!. Get inquisitive with Buzz and do not forget to write in with articles (check the last page for topics), your thoughts or suggestions. ¡Buena lectura! (Spanish for Happy reading) Cheers !! Team – Marksman The Interface – The Marketing Club of SIMSR FEBRUARY 2012 01
  • 3. CONTENTS NEW SECTION TWEETS TWEETS It’s all about brand Tete-A-Tete AD-itude! MARK-ive 03 03 04 05 06 SPECIAL STORY COVER STORY REVERSE MARKETING 07 FEATURED ARTICLES MARKETING IS BRANDING THE WAY TO ENTER RURAL MARKETS? MARKETING STRATEGY ADOPTED BY NOKIA FOR …12 THAT GOES ITS NEW NOKIA LUMIA TO BREAK THE CLUTTER IN THE BEYOND DEATH SMARTPHONES SEGMENT …14 NEWSPAPER BRANDS WAR! …16 10 BOOKWORM SqAreheaD REWIND BUZZ 18 19 20 21 FEBRUARY 2012 02
  • 4. TWEETS Google Removes Search, YouTube Content on Indian Court Order Google Inc. removed content from its India domains that was deemed objectionable by a New Delhi district court after a civil lawsuit against the owner of the world’s largest search engine. The content was deleted from domains .in and .co.in, while remaining accessible from other countries. Shahrukh Khan roped in as ambassador for Royal Stag Pernod Ricard India has signed Bollywood star Shahrukh Khan as the brand ambassador for its brand, Royal Stag. Shahrukh will work in tandem with his fellow Bollywood actor Saif Ali Khan, who has been its brand ambassador for the last several years. Flipkart acquires Letsbuy Flipkart, one the country's biggest online retailers, said it has acquired smaller rival Letsbuy in a cash and stock deal without specifying the value of the transaction. But people familiar with the matter said it was worth around $20 million. Amazon enters India with junglee.com US online retail giant Amazon has made its first foray into India with launch of a shopping website, Junglee.com, as it tests the waters for a possible full entry into the nation's e-commerce market. Microsoft warns users against Google's privacy policy changes Microsoft Corp slammed search rival Google Inc with full-page newspaper ads in the US, saying that recent changes at Google that allow it to internally merge the data it collects on user activity across services such as YouTube and Gmail are meant to allow advertisers to better target customers. Google has touted the overhaul it announced last week as a simplification of detailed but obtuse policies and a way to provide a better user experience. Microsoft India ties up with Ybrant Digital Microsoft Corporation India has appointed digital marketing solutions and services company Ybrant Digital as its advertising sales house as it expands activity to non-metro cities such as Hyderabad, Chennai, Kolkata, Ahmedabad, Pune, and Goa. FEBRUARY 2012 03
  • 5. It’s all about AD-itude! Advertiser: CPAA india Advert title: Chanting Lighter Creative Agency: Ogilvy T India Cancer Patients Aid V Association this time C tried something new and instigating to spread the awareness against cigarettes amongst smokers. Unlike most countries cigarettes are sold loose in India and so all cigarette shops have electric lighters fitted for smokers. The ad shows how the lighter itself can be used as the medium to ask smokers to quit smoking. So the regular lighter was changed with the chanting lighter. The music it played was a chant which is sung when someone dies in India. “Ram naam satya hai!” The ad shows the recording of smokers’ reaction when they light the cigarette. The purpose of the ad is to show these people that each time they light a cigarette they are actually taking a step towards death. Ad seems Very Effective! This is an innovative print P ad campaign by R McDonald’s in Mumbai, Thane & Navi Mumbai. This I is very apt for this voting N season. McDonald’s came up with T this ingenious idea of giving free cokes to all those who voted in these elections. Show the voting sign and get a coke free! It is not only an image booster but also a marketing master-stroke. This is a good initiative to make sure that the youth become socially responsible. The young generation is conceived apolitical, so this ad makes them more responsible. Resonating the core idea of anti corruption movement this ad aims at galvanizing the young against corrupt politicians. FEBRUARY 2012 04
  • 6. NEW brand-MARK-ive SECTION This new section is dedicated to a particular brand stating some mind boggling facts and other trivial information about the company and aims at increasing one’s knowledge quotient. Coca Cola was first formulated by John The name of the flavour base included in the Pemberton at the Eagle drug and Chemical secret formula for 'Coca-Cola' is referred to as Company and called it Pemberton's French 7X which only a few people know. Concentrate Wine Coca after getting inspired by Vin for 'Coca-Cola' is made in a number of Mariani. It was sold as a patent medicine that centralized production facilities, and is was believed to cure many diseases, morphine exported to all countries in the world that addiction, impotency and headache. bottle 'Coca-Cola'. The non-alcoholic version of the French Wine Although 'Coca-Cola' is enjoyed ice-cold Coca was sold for the first time in 1886 at the around the world, in Hong Kong it is also Jacob’s Pharmacy. served hot as a remedy for colds. Coca-Cola which means “to make mouth Some unusual uses of Coca Cola include as a happy” in Chinese is called “Coca-Cola” grease stain remover, rusty bolt loosener, toilet because of the original ingredients used in the cleaner, spermicide, odor remover, medicine, medicine, Coca leaves and Kola seeds. and many more. The Coca Cola logo was created by John The company champions various CSR Pemberton’s bookkeeper, Frank Mason initiatives such as rainwater harvesting, Robinson, in 1885 who came up with the name restoring groundwater resources, going in for and chose the logo’s distinctive cursive scripts. sustainable packaging and recycling, and The typeface used, known as Spencerian script serving the communities where it operated. was the dominant form of formal hand writing The Coca Cola Company presently offers a in US. portfolio of more than 3500 products in over The Coca Cola bottles are often referred to as 200 countries. “Hobble-skirt Bottles” because of its Last year on May 4th 2011, Coca Cola resemblance the bottle contours resembled to celebrated 125th anniversary by creating the a dress from the early 1900s. World’s Largest Single Building Illumination in Coca Cola is credited with inventing the their headquarters at Atlanta, thanking people modern image of Santa Claus as an old man in around the world. a red-and-white suit. FEBRUARY 2012 05
  • 7. TETE-A-TETE them? Primarily, interaction with people who can share their experience about corporate world with Mr. students. Their exposure needs to be increased while there should also be soft skill training given K Ramakrishnan, to students to meet the expectations of the VP of L&T industry. We need people who can communicate clearly and effectively. As far as theory goes I think b-schools are doing a decent job but I reckon soft skills do not receive their due importance. How different is the work environment in India Mr. Ramakrishnan is currently the V.P of Larsen & as compared to the European countries you have Toubro Limited, Hazira Central Services, Surat. He worked in? spoke to students on “The skills for being a There are quite a few things we can learn from manager and the need to be able to adjust to the other country nationals: changing paradigm”. He had the audience excited 1. Value of time is very high about future avenues that await them. He spoke 2. Interactions had to be specific and to the point at length on the importance of communication, 3. Commitment had to be very specific active listening, risk mitigation and sustainable 4. Discipline not just in terms of time but, walking efforts. The talk was extremely engaging and on the road, or driving. inspiring. Mr. Ramakrishnan shared his Do work ethics get compromised when it comes experiences and learning and left us with some to sales and marketing department? food for thought. Our voracious team Marksman Yes. I am being very upfront while saying this. caught up with him after the lecture for additional There may be customers who give you some insights. indication in some way to help their business. So Sir you graduated as a B.E. from VJTI and joined there is a very thin line or shall I say there is a grey L&T. To that regard, does a good manager really area where I don’t think any company can need to be an MBA? confidently say that they haven’t strayed into. So In today’s context MBA is important because it there yes there is a bit of aberration or a deviation helps learn all the facets of management which but generally it is ethical. would be missed out otherwise. But I would Marketing is a very dynamic field with change rather prefer a person who has worked in the being the only constant. How to you keep industry and then undertakes MBA because it yourself updated and stay in the thick of things? helps them hone their skills and experience. Well in many ways! Reading up and interaction In order to sustain oneself, they say it is with people are very informative means. important to unlearn one’s b-school learning Especially in the Business Development field, you while entering the corporate world. What is your need to spend more time in person with the take on this? customer. Meet, see the site and understand the I think that most things you have learnt at college client’s requirements. It is imperative to or school stand you in good stead while working understand the change by being in it. No also. I don’t think there is any unlearning as such. substitute for that! Also you need to be at the It is just that you learn a lot with experience and right place at the right time. Prove yourself, prove maybe something very theoretical may have to be your worth, accept challenges and turn them into unlearnt. successes. It’s a demanding result driven world, What should SIMSR do to ensure students adapt we need to be prepared for it! easily to corporate life that awaits FEBRUARY 2012 06
  • 8. It is a marketing concept which companies should be and the only way they could reach use to create such an image of the company their full potential was to purchase a certain that the potential customers will seek the product or service. company, rather than the marketers of the C company seeking the customers. This is done mostly by using traditional O advertisements, print advertisements and online media but the main difference lies in V the fact that here companies put out their content at a location where people will find E it while searching for the product instead of directly advertising to sell the product. R The ‘Law of Attraction’ as people say is the basis of Reverse Marketing. In words of Leenders and Blenkhorn, Reverse Marketing is “an aggressive and imaginative approach S to achieving supply objectives”. The purchaser makes the initiative in making the T proposal. Reverse marketing is a technique that when used properly can build your Companies did not worry that this technique was turning many consumers off since there O client base simply and easily. However, in order to use reverse marketing effectively were plenty of marketing dollars going around and they knew that they would R you have to have a clear understanding of the concepts behind it. convince at least a small group of consumers to try their product by these hard-sale Y The Traditional Way of Advertising tactics. However, when more became scarcer and consumers started shopping The old way of advertising was based on more carefully, these companies found the companies actively trying to convince hard sales tactics simply no longer worked. people that they needed their product. To do this companies would use what is known How Reverse Marketing Works as the hard sale method which simply Reverse marketing works by not using hard means they would go out of their way to tell sale tactics. In some cases, reverse people that their product or service would in marketing means no salesmanship at all. some way improve or enrich their lives. Instead, reverse marketing allows Many times in order to sell their product the consumers needing your product to come to hidden message in these advertisements you by showing them that you are were that somehow the consumer was less concerned about what they need and that attractive, less successful, or they were you are savvy enough to help them meet enjoying life less than they their needs. FEBRUARY 2012 07
  • 9. COVER STORY Instead of advertising your business and trying to quality customers who are ready to buy, especially convince people that your product or service is after seeing that a company is knowledgeable and better than the competitors, you offer them helpful about a product they wish to buy. A similar helpful information in solving their problem or example of reverse marketing would be to put up need. This way you are giving the consumer an unbiased review site, with links to your web practical advice they are looking for at no price. page for more information or a similar product to Then at the end of your advice you include a little those you are reviewing. Strength of this type of information about yourself including your website. reverse marketing is that customers searching the Since you have talked about their specific issue topic can find someone who first demonstrates and using an answer to their query, the consumer their knowledge on a topic with helpful does not feel as though you are trying to sell them information and links at the bottom to check out anything. Those that decide that your product or their online store. Companies can also use search service is for them will then click on your link to engines to advertise their products when the see what you have to offer. And since you were customers are looking for that kind of product on the one that offered them helpful advice they will the internet but here is a word of caution; paid be more tempted to buy from you. links on search engine does not serve the same Reverse marketing works simply because you are purpose as reverse marketing because people helping the consumer achieve a goal they often don’t like to open them as they are themselves have without trying to force them to displayed separately. People respond much better buy anything. The consumer comes to you, not to content when the main purpose of it is not an you to them. actual advertisement. Using the Unbiased Approach The success of the Reverse Marketing Campaign usually depends upon the ability of the seller to showcase the benefits of their products in most unbiased way. The company can project the unbiased views by either writing it themselves or they can take help of professional websites to write unbiased reviews for them. This will not only create a positive image in the mind of the customer about the product but also induce them to put the product in their consideration set. A good example of this will be reviews of automobiles present on the websites. In this ever changing world of information technology where An example of reverse marketing would be a people have easy access to information on company that sells health related product such as internet, will you prefer to search reviews about water purifiers, adds to their web site a long E- product on internet before making a purchase book or essay about subjects that potential decision? If the answer is yes then you can surely customers are searching for on search engines. understand the importance of an unbiased good Compared to just putting a banner ad up on a web review of the product and the extent to which it site, reverse marketing can attract very high can affect your purchase decision. FEBRUARY 2012 08
  • 10. COVER STORY For those who think that despite reverse towards using the products of Dove. This marketing, customer may buy another product approach did wonders for them and it was very and all these efforts go in vain. Yes, it is possible successful. but then companies spend big bucks on direct The concept of Reverse Marketing considerably marketing schemes, which determine their changes the traditional buyer-seller relationship. success rate. Reverse Marketing will still be an easier way to win customers and create a good image in market. Success Story of Dove A wonderful example of Reverse Marketing is success of ‘Dove’. Usually, cosmetic companies advertise their products by convincing the customer about how their products will improve their flawed looks. If you're dark, they'll make you The traditional relationship, where the seller takes fair. If you're pimply, they'll clear it up. If your skin the initiative by offering a product, is increasingly is dry, they'll moisten it. And the list goes on and being replaced by one where the buyer actively on. Basically cosmetic companies tempt you to searches for a supplier who is able to fulfil its find the flaws in you, criticize your looks and exact needs. This again emphasises the fact the create this impression that you're quite ugly market is greatly moving towards customer overall, and the only way to make yourself more centric orientation. Reverse Marketing can be a desirable is to use their products. very useful tool for companies to succeed in such But Dove chose a different approach, though they changing environment. But there are some might not be willingly doing Reverse Marketing important points that should be considered before but effect was nonetheless same. Instead of using the reverse marketing tips. First, a new pointing at the flaws the skin, Dove asked women entrant should be very careful in trying this to come together and celebrate their beauty. You because customers pay attention to those will now notice, how very less coercive Dove ads products which are there in their awareness set. seem as compared to the ads of other cosmetics Dove and other reverse marketers have been brands. It's a completely different, novel approach successful because they are already established to marketing altogether. Dove rarely uses models, brands and people know how good they are. which are viewed as plastic and artificial. Dove Secondly, the most important point, the products uses 'real women', beautiful, but not extremely should be good enough to speak for themselves. so, to add a touch of realism to the ad. And it is this appeal, the seeming genuineness of women, the lack of coercion, and the lack of this artificially created sense of inferiority of women to the models in terms of looks, that drew more and more women FEBRUARY 2012 09
  • 11. S P Vampires are all the rage right now from books to E movies to sitcoms; everyone seems to be hooked onto these resurrected creatures. Fictional C although they might be, but their popularity after death is something to take note of. Although it I takes a lot of imagination to understand the world of vampires, we can see something a bit more A realistic in the world of marketing going on. It is marketing after death. L What is it? S Two words to sum it all the shock, mystery T up are “Michael Jackson”. He might behind the death and condolences, another O have been the greatest performer of all times thing that came was a sudden spurt in music R and a pop revelation and always surrounded sales. Everybody suddenly remembered Y by controversy (which isn’t always a bad him only for the great artist he was which thing!) the fact of the resulted in a huge matter is that his music increase in sales of his sales had been on a music. All radio stations downward spiral since started playing his long and he was in a lot songs and other artists of debt. But post his who wanted to be a untimely death on June part of this surge gave 25, 2009, a lot tributes to him further changed. Along with adding to it all. FEBRUARY 2012 10
  • 12. SPECIAL STORY Can it be milked? Well it is pretty evident that dying to market your product is not a very viable option, but yes, it still can be utilized, and it is something that is being done well. “Limited Edition”, these words mean exclusivity to the customer and a license to overcharge. Luxury car makers are doing this since long, making a few hundred cars of a type which are slightly different than the standard car and charging huge amounts for it and then discontinuing with it. The Rs 14Cr Lamborghini Raventon is a perfect case in point with just 20 cars having being made. As people know it will no longer be available, it justifies the premium. Similar is the case with vintage cars and even antiques in general. The fact that a particular thing will no longer be available generates a push in people to lap it up while the existing stock lasts. So in conclusion one can say, killing a brand or rather making something new to prematurely kill it is a highly effective way to make people buy the product. May it be its snob value or the exclusivity or the collectability, all we can say is “Offer valid till stocks last”. FEBRUARY 2012 11
  • 13. FEATURED ARTICLES IS BRANDING THE WAY TO ENTER RURAL MARKETS? -Sourabh Sahu, IIM-Indore Well, before I come to the specific issue of getting a good sales-figure in rural India for any business, let’s look at some strategic pitfalls that these companies go through in rural India. Most marketing men adopt a few ‘quick-fix’ strategies before venturing into the Rural markets with their brands. They merely strip down all the ‘so-called’ frills from the product currently being sold in urban and believe that the product is ready to go rural. Just extend their brand to low cost packs, or merely modify the packaging marginally. Also, use cheaper packing material, adapt the urban advertising or offer meaningless sales promotion giveaways. All these and more are just short-term measures to enter the rural markets. And if one believes that these will ensure success in the rural markets, it can but remain only as wishful thinking. What then is the route to building a Brand In rural? The answer to the above question is what our marketers today call ‘Rural Branding’. A route that is sensitive and appropriate to the needs of the rural consumer. The Next obvious question is how it is done. I Believe, that you can Build your Brand in Rural only if you build the following five attributes Into your product: Build Customization Customizing or reverse-engineering your product to suit the needs of the rural consumers is the key to success in the rural market place. One needs to first go into the rural markets to find out the wants, needs, aspirations and dreams of the rural consumer, meet up with the villagers and create a product that is relevant to their needs. It also means we not only need to ‘engineer’ a product that appeals to him but also need to go back to him for ‘ratification’ of its relevance. Build Empathy / Relevance Building empathy for your brand begins with the Brand name. It is important to seek out a Brand name that is preferably vernacular, that is in tune with the ethos of the market FEBRUARY 2012 12
  • 14. FEATURED ARTICLES and the social milieu it will sell in. And the same logic applies for the color, the slogan and every aspect of communication. They must strike the right chord with the rural consumer! Build Recognition There are two issues that need to be addressed while Building Recognition into a Brand targeting the Rural Market. The need for protection against the rampant prevalence of duplicate or parasite brands. The need to physically demonstrate the use of a product in view of the high involvement of a rural consumer in the purchase process. Build ‘Word-of-mouth’ Strong word-of-mouth for a brand can be built through executing customized events within the village revolving around the core message of a Brand, appealing to the core target group. Build Access Reaching the rural consumer with their products and services remains the biggest challenge to an average marketer. I am sure as the days go by, the compulsive need to enter far flung rural homes will provoke marketing men to come up with more creative solutions for cracking this problem of Building Access. To conclude, Building a Brand in Rural India will continue to pose the biggest challenge to the marketing fraternity in the years to come. Hence, the Art and Science of Brand Building in rural needs to become an integral part of the learning process in the innumerable Management Institutions across the nation. FEBRUARY 2012 13
  • 15. FEATURED ARTICLES MARKETING STRATEGY ADOPTED BY NOKIA FOR ITS NEW NOKIA LUMIA TO BREAK THE CLUTTER IN THE SMARTPHONES SEGMENT Abhishek Shukla, NMIMS Bring it on - All or Nothing: Virendra Sehwag goes for it all. If the leather lands in his territory, he swings his willow like a swaggering blade. If he connects, he is considered to be a game changer but if he fails he is murdered for not playing by the books. By planning the largest marketing budget on a single phone than it has ever done before, Finland based and world’s largest phone manufacturer, Nokia has gone for a zero sum strategy. The Game Changer: Apple, Samsung, Sony, HTC all claim to possess unique brand names in the Smart phone category. Since Nokia already missed the Smart phone wagon, it had to take bold measures to ensure it stays in the race. Nokia started off in style. The marketing extravaganza began with glittering Lumia phone displays across Delhi Metro stations. After covering railways, it was the turn Jet Airways flying with Nokia Lumia colors of aviation with Jet Airways Boeing 737- 800 bearing the colors of Nokia Lumia. It also featured the names of the employees who came up with the marketing idea. Shahrukh Khan’s tweet praising Nokia Lumia Bollywood came calling with Shahrukh Khan tweeting that Lumia is an awesome phone. This marketing strategy seems reasonable given that King Khan’s opinion might influence his 1.5 million twitter followers. The Amazing Everyday: Be it a smile or the tears, moments are amazing. ‘The Amazing Everyday’ campaign aims at capturing those precious moments that happen in our lives every day. Nokia held events across 5 major Indian cities: Mumbai, Delhi, Bangalore, Kolkata and Hyderabad. The campaign in financial hub included a dance performance by a foreign troupe. In the political capital, Nokia organized a mega musical event. Gurgaon was also up for the treat when Lumia pre-orders were distributed by tennis sensation Sania Mirza. Few lucky Gurgaon locals also received free XBOX 360 to mark the FEBRUARY 2012 14
  • 16. FEATURED ARTICLES occasion. Keeping with Lumia’s blue color, Nokia came up with ‘Blue Santa’ who distributed chocolates and coupons in malls. Another innovative marketing mantra was at display when toll was exempted for more than 15,000 cars at DND Freeway connecting Delhi and Noida. Then came in a chance for the social networking geeks to shine in the prize glory. Nokia organized a ‘Lumia Sky Party’ where winners from a contest held on Facebook were taken for a 45 minute ride in the Nokia Lumia brand Jet Airways plane. Sania Mirza promoting Nokia Lumia in a launch in Gurgaon Fun Week: All thanks to Lumia launch, it was a fun filled candid week for the Nokia employees. It began with ‘Wow Monday’ when a life size Lumia was kept in the office and people had to tap on it to receive gifts such as chocolates, Rubik’s cube and laptop stickers. Then came ‘Kinetic Tuesday’ where scooties were placed around Nokia office for employees to experience the ride. ‘Surprise Wednesday’ was a treasure hunt when employees ran around the premises searching for magic boxes. It was time to turn on the dancing shoes with ‘Foot Tapping Thursday’ where employees showed their dancing moves. It all ended on a delightful note when the office was closed on Friday so that employees can attend the launch events. Nokia Lumia taxi offering free ride to early adopters Will it work? Is it desperation on Nokia’s part which made it market Lumia on such a grand scale? Will the marketing strategy be enough for Nokia to regain the telecom throne? Let the clock turn and these questions will be answered. But one thing is for sure. Nokia has turned the marketing notions on its head. With it’s out of the book play, Lumia has grabbed the eyeballs. Nokia did lose the Smart phone battle but it has surely won the Marketing war. FEBRUARY 2012 15
  • 17. FEATURED ARTICLES Newspaper Brands on War! Trisha Pandey, Shailesh J.Mehta School of Management, IIT Bombay I dare you to compete…the latest move of Indian Advertisement industry The recent addition being The Times of India (TOI) vs The Hindu ad wars. On one hand “The TOI ad” screams its value quotient of how it keeps its readers engaged and not bored unlike The Times of India vs The Hindu its rival newspapers and on the other “The Hindu ad” positions its readers as informed individuals (Stay ahead with Hindu) compared to readers of other newspapers. Over the years the Indian advertisement industry has remained apprehensive about its perception towards comparative advertising. That is the reason the number of comparative advertisements has remained in few hundred among millions of ads that has been made till date. However, among the plethora of varieties of ads techniques available, the comparative technique has been found to be highly effective (subject to few regulations); reason being multi-fold: Establishes value proposition of the brand Positions the brand as being better than its competitor(s) Get eyes rolling (maximizing target audience exposure and customer recall value) Competing through comparison works in interest of quality and price sensitive customers Market grows more mature and transparent FEBRUARY 2012 16
  • 18. FEATURED ARTICLES The comparative ads can be direct if it directly names and attacks its competitors as had been the popular Rin vs Tide case or it can be indirect like the above mentioned TOI vs Hindu ad. Also a comparative ad can be targeted against a single rival, who is generally either the market leader or the nearest competitor in the market for instance the BMW vs Audi print ad or it can be an ad that targets multiple rivals at the same time-the Colgate Precision print ad. The concept of comparative ads can be explained through game theory – Zero sum game -when one brand’s gain is equivalent to rival brand’s loss; Win-Lose- when one brand’s gain is more (or less) than rival brand’s loss and Lose-Win-when comparative strategy misfires hampering the brand repute. Misfiring happens when either the regulations are not met or the exaggeration to prove superiority is beyond limits of being truthful or justifiable. Thus return-risk tradeoff needs to be handled carefully while implementing comparative techniques; especially in an environment where customers have grown more awakened and empowered. Ads which earlier seemed to be highly offensive to Indian market is the reality of advertising today. The present day Indian advertising houses are gradually developing their knack to conquer this new territory of advertisement stage. The truth of Marketing is that the war should go on….and to win this war it is imperative to be open to change FEBRUARY 2012 17
  • 19. BOOKWORM About the author: Philip Kotler (Chicago, IL) is Ten Deadly Marketing the S. C. Johnson Distinguished Professor of Sins- Signs and Solutions International Marketing at North-western University's Kellogg Graduate School of Philip Kotler Management and the author of 15 books, including Marketing Insights from A to Z and Lateral Marketing , both published by Wiley. About the book: In this book Philip Kotler recognizes ten most common mistakes that marketers make. Kotler covers each sin in depth as a chapter and provides signs to identify such mistakes and solutions to reverse them. These sins are explained in ten chapters and covers all the downsides that a company faces in the marketing domain. Each sin mentioned seems very simple but even the best companies have failed to practice these ideas and concepts. After having explained the sins, Kotler went on to prescribe Ten Commandments to all marketers. With these commandments marketers will learn how to stay market-focused and customer-driven, fully understand their customers, keep track of the competition, manage relationships with stakeholders, find Favourite Quotes: new opportunities, develop effective marketing plans, strengthen product and service policies, “Marketing's work should not build brands, get organized, and use technology be so much about selling but to the fullest. about creating products that The book is written in simple words and raises don't need selling" thoughts. Ten Deadly Marketing Sins is a best and valuable resource to all the marketers from the respectable thinker of the modern “Marketing is easy to marketing age. However the author has been understand but difficult to quite repetitive and the concepts are well practice". known to a marketing practitioner. Nevertheless it would be good information for a beginner to “Most of marketing is reduced get hold of the key theories and also for to a one-P function — companies as even the big companies have failed at these concepts. Promotion — not a four-P job.” FEBRUARY 2012 18
  • 21. REWIND A Grandeur which will live in our memories forever! We at SIMSR recently conducted our annual festival Melange- “where Ideas converge” on the 17th and 18th of February where more than 50 business colleges and 1,200 students participated enthusiastically in various management and cultural events. ‘Melange’ meaning a mix of culture, aimed at creating platform where ideas converged and gave rise to a novel experiences. The management events saw students drafting solutions to case studies, business plans and exploring their potential. Samridhi Social B plan competition with 10 teams in the finals was about making a business plan answering the problems of society as well as practicing course skills and developing awareness of social issues. The event, running for more than 10 years now, was planned over three months by a team of 30 senior students. Among the most important workshop, the IMC colloquium was held by Prof. Isaac Jacob. It consisted of a round table of 45 minutes and a presentation of an advertisement project of 15 minutes for each of the 10 teams. Other workshop by MBA Skool and Scorpio King, which was about selling a Scorpio to the audience, were also a hit with students! Each competition was judged by noted professionals such as the brand manager of Scorpio. A total of Rs.3.85 lakh in cash and 10 lakh in goodies were distributed during the fest. Through the day, students could visit the stalls and have fun with informal events while in the evening they danced and performed on the stage. The college band Mauj also put in an enticing performance. Melange was enjoyed by one and all alike! FEBRUARY 2012 20
  • 22. BUZZ THE CROSSWORD ACROSS 1. The radio station shown in the pictures is owned by which company? “The Week” magazine is also owned by this company. 4. The logo belongs to a company called XY. XY is also referred as Golden Y, Rainbow Y, Town Y, Silver Y and the official internet address exist in 75 countries. Identify the company XY. 5. This security company services stars like Mithun Chakraborty, SRK, Aamir Khan, Lalit Modi, etc. Identify the company? 7. This Indian company is the largest exporter of Roses in the World. THE CLUES DOWN 2. The logo is that of Mumbai Mantra, which company owns this production house? 3. “IHealthU” comes under the banner of which famous company? 6. The hood ornament shown is one of its kind for which famous car company? The picture shows Saint George slaying a dragon. 8. Which company owns this retail chain? 9. This Imperial Eagle used to the old logo of which bank? 6.Rolls Royce 7.Karuturi Global 8.Bharti 9.Deutsche Bank 1.Malayala Manorama 2.Mahindra 3.Britannia 4.Yellow Pages 5.Ace, owned by Ronit Roy. FEBRUARY 2012 21
  • 23. Articles can be sent on any one of the following topics*: 1. How digital marketing is changing the face of conventional marketing ? 2. When fans attack – How companies Handle crises on Facebook 3. Innovations in promotion and marketing of Movies. *Please ensure that there is no plagiarism and all references are clearly mentioned 1. One article can have only one author. 2. Your article should be from 500-600 words and MUST be replete with relevant pictures that can be used to enhance your article. 3. Send in your articles in .doc/.docx format with font size 11 (Arial) to: interface.newsletter@gmail.com 4. Subject Line: Your Name_InstituteName_CourseYear. 5. Kindly name your file as: Your Name_Topic The best adjudged article will be given a winner's certificate. Deadline for submission of the articles: 11:59 PM , 16 March 2012. FEBRUARY 2012 22
  • 24. To subscribe to "The Marksman", Follow the link:- http://interfacesimsr.weebly.com/the-marksman.html OR drop in a mail/contact us at : interface.newsletter@gmail.com Subject line: Subscribe: Your Name_Institute Name_Course Year THE TEAM COVER STORY SPECIAL STORY It’s all about AD-itude Vibhav Shukla Upveen Tameri Pallavi Srivastava SquAreheaD Tete-A-Tete & REWIND COVER PAGE Pallavi Srivastava Niyati Chamyal Yash Chamaria Tilottama Sanyal TWEETS BUZZ DESIGN Upveen Tameri Sujit Mishra Tilottama Sanyal BOOKWORM Brand-MARK-ive PROMOTIONS Hinal Shah Sujit Mishra Keith Mascarenhas Follow us at: Website: http://www.facebook.com/simsr.interface http://interfacesimsr.weebly.com FEBRUARY 2012 23