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FAIR & LOVELY
Born: 1978
History: The fairness cream brand was developed by Hindustan Lever Ltd (now
Hindustan Unilever Ltd) in 1975.The product was then marketed nationally in 1978
Status: According to industry estimates, Fair and Lovely holds 80% market share in
the at least Rs1,000 crore by sales Indian fairness cream market
Brand story: Made to cater to the Indian market, where beauty is equated with fair
skin, the launch of Fair and Lovely was met with much enthusiasm. In 1988, the brand
went international, and is now available in 40 countries.
The brand has had its share of negative publicity, with women’s groups calling the ad
regressive. The ads, which focused on the mass aspiration of “marrying well”, soon
moved to more progressive ones in the 1980s.
The early 1990s saw the brand take on the role of enabler of t dreams. In the late
1990s, the brand message was that a woman could make her own destiny—a thought
that was carried forward in all its campaigns. In 2007, the brand tweaked its approach
to the Power of Beauty platform.
With the fairness cream business accounting for the lion’s share of the skincare
products industry here, several companies have launched fairness creams in the hope
of securing a piece of the growing pie.
While none were able to challenge HUL in terms of numbers, they did start eating into
the company’s market share with unique offerings.
Fair and Lovely was quick to take on competition—with variants. So, whether it was
unique offerings such as ayurvedic formulations with saffron (to combat Fairever by
CavinKare Pvt. Ltd) or those that claimed to erase marks (to fight No Marks by Ozone
Ayurvedics), Fair and Lovely managed to launch variants that matched, and in some
cases even topped, the promise touted by the competitor. To tap the premium segment
of the market, Fair and Lovely also launched Perfect Radiance. The popularity of the
brand and category can be gauged from the fact that today, it even has a variant for
men.
PRODUCT LINE
Fair & Lovely Products
Fairness Cream - Fairness Gel - Fairness Soap
Worldwide shipping. Ships usually within 2 days.
Fair & Lovely Forever Glow
Fair & Lovely Max Fairness For Men50gms
Presenting New Fair & Lovely foreverGlow with a breakthrough vita AHA Complex thta
works on key barriers to fairnes that appear with age.
Dullness ,Patchiness , Darkening.
Its Revolutionary VitaMAX Complex and UV Filters work intensively on tough male skin
and help give you:
Visible fairness
Visible spot reduction
Triple sunscreen UV protectio.
Fair & Lovely Anti Marks For Blemish-less Fair Skin
Fair & Lovely Anti Marks For Blemish-less Fair Skin50gms
Fair & Lovely antimarks fairness cream specially designed for skin with marks and spots.
With breakthrough Vita-Aloe Complex. Lightens different kinds of marks. Helps prevent
spots from coming back, Get visble fairness.
Fair & Lovely Ayurvedic Balance For Naturally Fair Skin
Fair & Lovely Ayurvedic Balance For Naturally Fair Skin50gms
Fair & Lovely ayurveda, your skin appears naturally fairer when in a state of balance.
Presenting New Fair & lovely ayurvedic Balance enriched with Lodhra and Manjistha in
addition to kumkumadi Tailam, a powderful concoction of 16 precious ayurvedic
ingredients, know to helps restore the natural balance on skin.This cream gives you: Natural
fairness, Balanced skin tone, Rejuvenated skin..Fair & Lovely Multi Vitamin For Clear Fair
SkinFair & Lovely Multi Vitamin For Clear Fair Skin50gms
Fair & lovely Multi Vitamin with a breakthrough Tri-fair vitamin complex that works on
key barriers to clear fairness.
* Darkening
* Marks
* Uneven skin tone
MARKETING STRATERGIES
Promotional Strategy
Posted by Skyline Business School / March 06, 2010 / in Management Strategies
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Objective of Report
Objective of this report is to understand and analyze the brand ‘Fair and Lovely”.
To understanding the marketing strategy of any product, 4p which are Product, Price, Place
& Promotion important to understand. But in all of them Promotional strategy is very
important aspects. The effectiveness of promotional strategy should be outstanding from the
company side and its affect the consumer minds & perception. This report will also include
the product, price, distribution of the brand.
The main objectives of this report which are:
1. To understand the promotion strategy of Fair & Lovely
2. To analyze the marketing communication of the various competitive brands
3. To know the obstacles involved
4. To know influence of promotional strategy on customers
5. To give the recommendation based on analysis
In this report, I have put in efforts to analyze the fair & Lovely from various angles of
marketing, whether its distribution or communication.
The Fair & Lovely's Herbal Fairness Cream contains 3 unique natural ingredients which are
goats’ milk, saffron and lotus plus Vitamin B3 and natural sunscreens.
Fair & Lovely has launched its fairness face wash to compliment its established and trusted
natural lightening cream. Containing Fair & Lovely's unique Nutririch formulation which
includes natural elements such as Vitamin B3 and milk protein, the new facial cleanser is
100% soap free.
Fair & Lovely has launched its Dark Circle under Eye Cream to compliment its full regime
extension of our trusted natural lightening cream, Fairness Face Wash and Soap. Objective
of this report is to understand and analyze the brand ‘Fair and Lovely”. For understanding
the marketing strategy of any product, the 4ps are important to understand. This report will
look in to the product, price, distribution and promotion of the brand. The report will also
analyze the marketing communication of the various competitive brands. Special emphasis
has been given to the Borosoft marketing Strategy. Special emphasis will be given to
understand the competitive environment. The pricing strategy has also been discussed with
the closer outlook as in FMCG market price plays a very important in deriving demand too.
A set of suggestions for future growth path will be made based on analysis. The growth
strategy may vary depending on the kind of the product, market and target customer. In this
report, I have put in efforts to analyze the fair & Lovely from various angles of marketing,
whether its distribution or communicatioirness creamPromotional Strategy
Posted by Skyline Business School / March 06, 2010 / in Management Strategies
MARKETING MIX
DISTRIBUTION
HISTORY:
Bharti Tele-Ventures was incorporated on July 7, 1995 as a company
with limited liability under the Companies Act, for promoting
telecommunications services. Bharti Tele-Ventures received
certificate for commencement of business on January 18, 1996.
The Company was initially formed as a wholly-owned subsidiary of Bharti Telecom
Limited. The chronology of events since Bharti Tele-Ventures wasincorporated in 1995
is as follows:
Calendar year & Events1995
- Bharti Cellular launched cellular services'AirTel'in Delhi
1996- STET International Netherlands NV, or STET, a company promoted by
Telecom Italia, Italy acquired a 20% equity interest in BhartITele Ventures
- Bharti Telenet launched cellular services in Himachal Pradesh 1997
- British Telecom acquired a 21.05% equity interest in Bharti Cellular
- Bharti Telenet obtained a license for providing fixed-line
Services in Madhya Pradesh circle
- Bharti Telecom and British Telecom formed a 51% : 49% joint
venture,
Bharti BT, for providing VSAT services 1998
- Bharti Telecom and British Telecom formed a 51% : 49% joinTventure,
Bharti BT Internet for providing Internet services
- First Indian private fixed-line services launched in Indore in the
Madhya Pradesh circle on June 4, 1998 by Bharti Telenet thereby
ending
fixed-line services monopoly of DoT (now BSNL) 1999
- Warburg Pincus (through its investment company Brentwood
Investment
Holdings Limited) acquired a 19.05% equity interest in Bharti
Tele-Ventures
- Bharti Tele-Ventures (by acquiring a 63.45% equity interest in SC
Cellular Holdings) acquired an effective 32.36% equity interest in
Bharti Mobile (formerly JT Mobiles), the cellular services provider
MARKETING STRATERGIES
PROMOTIONAL STRATEGY
After the liberalization of the Indian Telecom Sector in 1994, the Indian
cellular market witnessed a surge in cellular services. By 2005, there were a
total of 12 players in the market with the five major players being Bharti
Tele-Ventures Limited (Bharti), Bharat Sanchar Nigam Limited (BSNL),
Hutchinson-Essar limited (Hutch), Idea Cellular limited (Idea) and Reliance
India Mobile (RIM) (Refer Exhibit I).
All the players except RIM offered services based on the Global System for Mobile
(GSM) technology. RIM provided services based on Code Division Multiple Access
(CDMA) technology as well as GSM.
As competition in the telecom arena intensified, service providers took new
initiatives to woo customers. Prominent among these were - celebrity
endorsements, loyalty rewards, discount coupons, business solutions and
talk time schemes. The most important consumer segments in the cellular
industry were the youth segment and the business class segment. The youth
segment was the largest and fastest growing segment and was therefore
targeted most heavily by cellular service providers.
Bharti Tele-Ventures adopted celebrity endorsement as its chief promotional
strategy. By 2004 it emerged the unprecedented leader commanding the
largest market share in the cellular service market. (Refer Exhibit II). Hutch
implemented the celebrity endorsement strategy partially, relying primarily
on its creative advertising for the promotion of its brand. BSNL, on the other
hand, attracted the consumer through its low cost schemes. Being a state
owned player, BSNL could cover rural areas, and this helped it increase subscriber
base. Reliance was another player that cashed on its innovative
promotional strategies, which included celebrity endorsements and attractive
talk time schemes. Idea, relied heavily on its creative media advertising sans
celebrities.
PRICING
The internet has significantly impacted our lifestyles. Be it in the way we shop or the
way we learn, the internet has always been there to make life simpler and easier.
Talking about making life simpler and easier, the internet has now made inroads into
the television space with internet protocol television (IPTV).
IPTV is the latest among the digital TV transmission. Initially, only a handful
companies in India provided this service. However, with the increase in broadband
penetration, newer companies such as Airtel have also started IPTV services.
We all have seen advertisements along the highway or during the commercial breaks,
informing about the quality and great features of Airtel's IPTV service. We got a
chance to experience this service and tell you about the pros and cons of this service.
Installation
First, the Airtel IPTV service is not available everywhereAt the end of reading this
review although many people would want to get this service, they may not be able to.
Installing this is a simple 30 minute to an hour's process, because it involves cabling
work. The installation personnel drill holes in your
walls, but fortunately after the installation all the cables were nicely tied up and nailed
to a corner of a wall.
Setup
IPTV setup is no different than a broadband connection setup, and the modem that
accompanies it is Wi-Fi enabled. If you have more than two computers or notebooks in
your house, you will not have to invest more for other hardware.
Features and performance
The good part about Airtel's service is the performance part. Unlike BSNL and
MTNL, Airtel IPTV is better and gives fewer problems. When talking about internet
speed, unlike others, the TV quality is not affected by your internet usage.
As far as features go, this IPTV service is a mixed bunch - with some good, bad and
ugly features.
The good: It features time-shift TV, along with having up to 130 channels and you can
also order food while enjoying your pay-per-view movies.
The bad: It has limited number of channels. However, Airtel promises to add more to
the bouquet.
The Ugly: Time Shift TV works only for a meagre 16 channels in total.
Pricing
The initial cost would be Rs. 4,000. This includes installation charges. You will then be
charged based on the plans which are:
1.Magic @ home Rs. 999: 135 channel IPTV, 256 kbps internet unlimited download
plus landline phone
2.Interactive Combo Rs. 599: 117 channel IPTV, 256 kbps internet 2.5-GB download
limit
3.Premium Pack Rs. 399: 135 channel IPTV (Available as an upgrade for current
broadband and landline users)
Overall
Summing it all up, Airtel IPTV has an edge over the others. However, at the same time
it cannot be considered to be completely flawless. This service is basically meant for
those who are looking for an all-in-one solution for their TV, Internet and landline
phone usage. Although the price for this service might become a restricting factor for
people to not use this service.
Finally, Airtel IPTV offers good features and performance but if it were to be popular
in a country like ours then we would suggest Airtel to seriously reconsider pricing and
add more channels that people would like to watch.
DISTRIBUTION
Airtel distribution expansion & market services in rural areas - Document Transcript
1. A PROJECT REPORT ON DISTRIBITION EXPENSION AND MARKET
SERVICE UPTO OUR SATISFACTION AT AIRTELTELECOM DATIA For the
partial fulfillment of the award of Master of Business Administration (2008-2010)
Submitted Submitted TO BY KAMAL SINGH RAJPUT HEAD OF THE
DEPARTMENT MBA IIIrd SEM
2. IPS College of Technology & Management Bela Ki bauri Shivpuri Link Road
Gwalior (MP) ACKNOWLEDGEMENT . It is a matter of great pride for me to accept
the challenge of being associated with one of the most dynamic and required field of
studies, which is known as Information Technology and this leads to the way of getting
training in the networking , which is used in telecom services . It is a great pleasure to
acknowledge with sincere gratitude to all those who helped me to make this project a
success. First I would like to thanks Mr. Sudhir Bhadoriya who gave me an
opportunity in the world largest telecom company and special thanks go to Mr. Sharad
Parasar and Mr. Sunil Bansal, who were always ready to listen and give advice. I will
also like to thank Mr.Sachin Arjaria {RSO] who shared his valuable experience with
me under who’s guidance i completed my summer training successfully. At last, thanks
to the Head of the Management Department of IPS College of Tech. Mgmt. Dr. George
Thomas and all the faculty members and also my friends for being so supportive.
3. . DEC LARATION I Kamal Singh Rajput a student of “M.B.A.-III Sem.” from
IPS COLLEGE OF TECHNOLOGY AND MANAGEMENT ,GWALIOR here by
declare that all the information has been used for purely academic purpose. I also
declare that all information gathered by me during training at the SHRI RAM
ENTERPRISES AIRTEL RURAL OFFICE, DATIA will be kept strictly confidential
and not be disclosed without prior written consent of Airtel,(GWALIOR). I anywhere
else for the award of any degree or diploma have not submitted this work. All the
source of information and help have been duly mentioned and acknowledge.
4. SIGNATURE OF THE STUDENT OBJECTIVE OF THE INDUSTRIAL
TRAINING : The Main Objective of Industrial Training was to get an Industrial
Interface, because it becomes very necessary to get an overview of working in an
Industry. It is very helpful to the Students who want to be a part of the Industry after
the MBA. A major aspect of career counseling and guidance is knowledge of the world
of work. Ignorance of the many ways in which people earn a living has been a great
deterrent to freedom of occupational choice. The value of work experience in
education has long been recognized and is now emphasized in the counseling of youth.
Industrial Training is not only to train the Students in a particular field but also to
teach them the value of working environment.
HISTORY:
The Times of India reported on 5th May that [[Reliance]] Mutual Fund has kept its position
as India’s largest fund house with assets crossing INR 48,000 crores. Reliance has the
distinction of being the first Indian company to be named among the five hundred listed in
Forbes. How did all this come about? Let us dig into the rags to riches story of Reliance.
The one name associated with it from its foundations is Dhirubhai Ambani.
Â
What is Reliance? The Reliance Group is India’s largest business house with total
revenues being more than $22.6 billion. This is equal to 3.5% of India’s GDP. Reliance
contributes to 10% of India’s total indirect tax and 6% of her total exports. Reliance
network of exports spread out to more than one hundred countries across the globe.Â
What are the activities of Reliance? It is involved in oil exploration and production, gas
refining and marketing, petrochemicals, textiles, financial services, insurance, power,
telecommunications and infocom initiatives.Â
The names of Reliance and Dhirubhai Ambani go hand in hand. He was born on 28th
December 1932, in Chorwad, Gujarat. He belonged to the Hindu Modh Bania community.
Dhirubhai built India’s largest private sector empire, Reliance, and created an equity
cult. His father was a schoolteacher. Dhirubhai started off by selling fried snacks to pilgrims
in Mount Girnar during weekends. After school he became a dispatch clerk at A.Besse &
Company. The latter became distributors of Shell and Dhirubhai was sent to manage an oil
filling station at Aden. For sometime he also worked in Dubai. In 1958 he returned to India
with INR 50,000/- in his pocket. With this he set up a textile trading company.Â
This was the first chapter of the story of Reliance. Aptly helped by his wife and two sons
Dhirubhai diversified his interests to petrochemicals, telecommunications and information,
technology, energy, power, finance, capital markets and logistics. Reliance gave new
dimensions to India’s equity culture. Till then the market had been dominated by
financial institutions but with Reliance coming into the picture thousands of retail investors
jumped into the fray by putting their trust in the name of Reliance. With innovative
instruments like convertible debentures from the 1980’s Reliance became a hot favorite
in the Stock Market. Reliance was the pioneer Indian company to raise funds in the
international markets. Only India’s sovereign rating restricted its high credit taking in
international markets.
The Federation of Indian Chambers of Commerce and Industry named Dhirubhai Ambani of
Reliance The Indian Entrepreneur of the 20th century. The Times of India conducted a poll
in which he was acclaimed to be the greatest creator of wealth in the 20th century.Â
Thus we see that Reliance Industries Ltd was the brainchild and product of the labors of
Indian business tycoon, Dhirubhai Ambani alias Dhirajlal Hirachand Ambani.
The story of Reliance makes fascinating reading. During the 1950’s the administrators
of Yemen discovered that a lot of their currency, the Rial, was disappearing through Aden
because of a young man placing unlimited buy orders for Rials. The Rials, at that time, were
made of pure silver and was greatly in demand in the London Bullion Exchange. Dhirubhai
bought and melted the Rials and sold it to the London bullion traders. Within three months
his work came to a halt but by that time he had made few lacs.Â
In the 60’s Dhirubhai returned to India and started Reliance Commercial Corporation
with a humble capital. The business was related to the import of polyester yarn and export
of spices.Â
The first address of Reliance was in Narsinathan Street in Masjid Bunder – a small 350 sq
ft joint with a telephone, table and three chairs and only two assistants. The family too
managed in a one room flat.Â
The fortunes of Reliance soon began to change. In 1966 the first textile mill was set up at
Naroda using polyester fibre. He branded his products Vimal and thanks to intensive
marketing, Vimal became a household name. Financial retail outlets were set up where only
Vimal brands were sold. In 1975 a visiting World Bank team certified it to be excellent
even by the standards of the developed world.Â
RELAINCE PRODUCTS
Reliance Base Phone
Reliance Mobile
?Reliance Data Card
?Reliance Voucher, E-Recharge
?Reliance PCO
?Reliance Broad Band
PRODUCT MIX
Reliance mobile always faced the problem of weak network. So to correct the major have
invested over Rs 300 crore to upgrade to NGIP (Next Generation IP) network. Product has
to sell itself. Now they are launching about more than 1100 network towers to provide more
coverage to its customers.
Price
There are many ways to price a product. The pricing policy/ strategy vary in various
situations. In case of Reliance mobiles they have priced their product at a very low price &
they also come up with new plans.
Place
Another element of Marketing Mix is Place. Place is also known as channel, distribution, or
intermediary. It is the mechanism through which goods and/or services are moved from the
manufacturer/ service provider to the user or consumer. Reliance Mobiles do not find it very
difficult to find the distribution channel because they are the old players and distribute their
product in India.
Promotion
Another one of the 4P’s is promotion. This includes all of the tools available to the marketer
for ‘marketing communication’. Reliance has recently started doing heavy promotions.
Physical Evidence
Physical Evidence is the material part of a service. Strictly speaking there are no physical
attributes to a service, so a consumer tends to rely on material cues. As Reliance mobile
provide various rental plans.
People
Reliance always valued their customers. They provide a very cheap call rates affordable to
the lower class.
Process
Process is another element of the extended marketing mix, or 7P’s.There are a number of
perceptions of the concept of process within the business and marketing literature.
MARKETING STRATERGIES
Reliance Industries: A Closer Examination
Here the writer writes about a closer examination in Reliance Industrieschillibreeze writer
— Kanchana Rajesh
Buy Retail ReportsReliance is gearing to be a major player in the Indian Retail Revolution.
They are aggressively working on a pan-India network of retail outlets in various formats.
State-of-the-art technology, a seamless supply chain infrastructure and unmatched customer
experience, is what the initiative is all about.
Featured ProductLogisitics Industry in India
Third Party Logistics Market in India: With globalization the demand of third party logistics
(3PL) business, a western concept, is increasing in India, as firms are now focusing towards
the better management of their supply chain processes and to increase their penetration level
in the market. The 3PL services are now being perceived as better way for managing
internal as well as external logistic process driven by improving logistic infrastructure and
rising awareness of efficient logistics practices."
Reliance Retail, the 100% subsidiary of Reliance Industries, entered the retail foray
involving a minimum investment of Rs 25,000 crore. They plan to achieve a target of Rs 10-
billion revenue by 2010 employing 5,00,000 people. Hinting at an impending IPO, Reliance
retail, has renamed “Ranger Farm” to Reliance Fresh Ltd, having hived the name of their
most popular format. The company’s name will sound familiar to the investors once the
company plans to tap the capital markets by facilitating brand recall.
The first of their format is Reliance Fresh, a convenience store. These stores, range from
2,000 to 5,000 sq feet, provide customers with a variety of fresh fruits, vegetables, staple
foods and other products in a world-class ambience. They aggressively partnered farmers by
following a farm-to-folk strategy to ensure fresh fruits and vegetables at affordable prices.
They chose Hyderabad to test waters, as the city offers real estate at a price that does not
quite pinch. They selected the cream crowd from pioneers in organized retailers to head the
organization. With such a strong foothold, they ventured and their cash counters clicked Rs
3.5 to Rs 6.5 lakh per day and some outlets at prime locations are averaging Rs 5 lakh per
day.
Channels Of Distribution
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Channel Distributation Of Pepsico
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VODAFONE
HISTORY
Vodafone itself was formed in 1982 as a joint venture between Racal Electronics plc's
subsidiary Racal Strategic Radio Ltd (who won one of two UK cellular telephone network
licences) along with Millicom and the Hambros Technology Trust. In this arrangement
Racal owned 80%, Millicom 15% and Hambros 5%. The network was known as Racal
Vodafone, with the Vodafone name being derived from the firm's goal of establishing a
voice and data services over cellular telecommunication networks. Hence VO represented
voice and DA symbolized data — yielding the name Vodafone.
Vodafone was launched on 1 January 1985 and later that year Racal Strategic Radio was
renamed Racal Telecommunications Group Limited in 1985. A year later, on 29 December
1986 Racal Electronics bought out the minority shareholders of Vodafone for GB£110
million. In September 1988 the company was again renamed Racal Telecom and on 26
October 1988 Racal Electronics floated 20% of the company — a flotation that valued
Racal Telecom at GB£1.7 billion. On 16 September 1991 Racal Telecom was demerged
from Racal Electronics as Vodafone Group and the mobile telephony giant was born.
During the mix 1990s Vodafone began to consolidate itself on the British high-street. In
July 1996 Vodafone acquired the two thirds of Talkland it did not already own for £30.6
million. On 19 November 1996, in a defensive move, Vodafone purchased Peoples Phone
for £77 million, a 181 store chain whose customers were overwhelmingly using Vodafone's
network. In a similar move the company acquired the 80% of Astec Communications that it
did not own, a service provider with 21 stores. This made Vodafone a very visible presence
on the British high street and significantly increased the company's share of UK mobile
customers.
New Vodafone Corporate Logo
New Corporate Logo of Vodafone as of 1997.
In 1997 Vodafone introduced its new corporate Speechmark logo. This represents a
quotation mark within a circle. With the 'O's in the Vodafone logotype being opening and
closing quotation marks, suggesting conversation.
Vodafone in Europe
The late 1990s and early 200s saw Vodafone grow dramatically via a number of strategic
acquisitions. The first of these ocurred on 29th June 1999 when Vodafone completed its
purchase of AirTouch Communications, Inc. and changed its name to Vodafone Airtouch
plc. This acquisition also gave Vodafone a 35% share of Mannesmann, owner of the largest
German mobile network. On 21st September 1999 Vodafone agreeded to merge its U.S.
wireless assets with those of Bell Atlantic Corp to form Verizon Wireless.
In November 1999 Vodafone made an unsolicited (hostile) bid for Mannesmann, which was
rejected. During 1999 Mannesman had purchesed the UK mobile operator Orange and both
Vodafone and Mannesman were now operating in the same markets. The hostile takeover
provoked strong protest in Germany and there insued a board struggle which saw
Mannesmann resist Vodafone's efforts. However on 3 February 2000 the Mannesmann
board agreed to an increased offer of £112bn, then the largest corporate merger ever. The
EU approved the merger in April 2000.
On 28th July 2000 the company reverted to its former name, Vodafone Group Plc. The
conglomerate was subsequently broken up and all manufacturing related operations sold off.
Investment also continued in new technologies and on 16th April 2001 Vodafone made the
first 3G voice call on Vodafone United Kingdom's 3G network.
PRODUCT LINE:
Vodafone branded handsets shipped
vodafone-handsets
Product focus: Vodafone branded handsets
Vodafone 845 (left) Android smartphone Vodafone 150 (right) ultra low-cost handset.
iphone
Apple iPhone 3GS
Voice usage (billions of messages)
voice-usage
SMS usage (billions of messages)
sms-usage
Messaging revenue
£4.8bn
MARKETING MIX:
ESSENTIALS OF MARKETING:
The world is a global market with few barriers, so Vodafone has to be highly visible as ‘the
brand to buy’. Effective marketing is the key to this high visibility. Marketing involves
anticipating customers’ needs and finding the right product or service to meet those needs,
thereby encouraging high sales levels. Vodafone goes further by looking to impress on its
customers not merely what its products are i.e. features, but also what they can increasingly
do i.e, benefits. This involves effective communication. There is a slowdown in sales of
mobile handsets, in some markets like the UK, as the mature part of the product lifecycle is
reached. Customers are exposed to a barrage of different images and messages by mobile
phone companies, as the competition gets tougher. Vodafone appeals to new customers and
aims to keep its existing ones by emphasising the uniqueness of the brand.
Vodafone’s aim is to grow its revenue and improve its profit margin by adding value to its
products and services i.e. earning more from each product sold. The ‘Vodafone live!’
service enables customers to use picture messaging and to download polyphonic ring
tones,colourgamimages and information, through an icon-driven menu.
This service will soon be further enhanced by picture messaging libraries, video clips and
video telephony (seeing the person you're calling) and improving download speeds. Another
service is the Vodafone Mobile Connect Card, which enables customers to access their
normal business applications on a laptop when out of the office. Such services add value to
the product, and high profile effective promotion will help sell these services to existing and
new customers
A longer term marketing strategy is underpinned by careful planning and a successful
marketing mix. The marketing mix is a combination of many features that can be
represented by the four Ps.
•product - features and benefits of a good or service
•place - where the good or service can be bought
•price - the cost of a good or service
•promotion - how customers are made aware of a good or service.
Product:
•A product with many different features provides customers with opportunities to chat, play
games, send and receive pictures, change ring tones, receive information about travel and
sporting events, obtain billing information - and soon view video clips and send video
messages.
•Vodafone live! provides on-the-move information services.
Place:•Vodafone UK operates over 300 of its own stores.
•It also sells through independent retailers e.g. Carphone Warehouse.
•Customers are able to see and handle products they are consideringbuying.
•People are on hand to ensure customers’ needs are matched with the
right product and to explain the different options available.Price:
•Vodafone wants to make its services accessible to as many people as possible: from
thyoung,
through apprentices and high powered business executives, to the more mature users.
•It offers various pricing structures to suit different customer groups.
•Monthly price plans are available as well as prepay options. Phone users can top up their
phone on line.
•Vodafone UK gives NECTAR reward points for every £1 spent on Promotion:
Vodafone works with icons such as David Beckham to communicate its brand values.
•Advertising on TV, on billboards, in magazines and in other media outlets reaches large
audiences and spreads the brand image and the message very effectively. This is known as
above the line promotion. VODAFONE’S MARKETING MIX:
MARKETING STRATERGIES:
Marketing strategy of Vodafone in India and the consumer’s attitude towards their services
Abstract : Market study
The de regulation in the INDIAN telecommunication markets since the beginning of the
1997s has brought about significant changes in the communication industry. The mobile
telephone market has changed dramatically over the past 5 years in INDIA. Mobiles have
become so popular that many people use their handset as their only phone and rarely use a
land line. The study of consumer’s behavior is important because it helps in many activities
like segmentation, target market selection, positioning, and product/service decision, pricing
decision, distribution and promotion decision.
Model of consumer decision making process is helpful to understand the consumer
behavior. It shows how the external and internal factors influence the consumer attitude
formation and attitude change. The model reflects cognitive (or problem solving) consumer
and, to some degree emotional consumer. Understanding consum
Price and Distribution
Vodafone’s products and services are available directly, via Vodafone stores and country
specific Vodafone websites, and
indirectly via third party service providers, independent dealers, distributors and retailers, to
both consumer and business
customers in the majority of markets under the Vodafone brand.
Customer strategy and management
Customer Delight Index
73.1
(2007: 70.6, 2006: 69.9)
Vodafone endeavours to ensure that customer needs are at the centre of all of the Group’s
actions. The Group seeks to use its understanding to deliver relevance and value to each
customer and communicate to them on an individual, household, community or business
level, with the ultimate aim of encouraging customers to stay with Vodafone for longer and
use and promote the Group’s services more.For this reason, the Group has created a Global
Customer Value Management team to support operating companies with their aim to engage
with customers directly through a data driven approach, linking all the elements of customer
interactions to deliver exceptional service and consistency in the Group’s approach while
financially optimising decisions made via a branded customer experience across all
touchpoints. Recent examples of this include: rollout of a consistent and innovative store
design to eight countries, successful trial of an innovative handset based self service
solution and creation of a global training academy for customer facing staff.Vodafone’s
PANTALOONS
HISTORY:
Pantaloon Retail (India) Limited is India's leading retailer that operates multiple retail
formats in both the value and lifestyle segment. Pantaloon has ushered a retail revolution in
India and its founder Kishore Biyani is known as India's "King of Retail". Pantaloon's
headquarter is in Mumbai. The company currently operates over 5 million square feet of
retail space and has plans to increase it to 30 million sq. ft by 2011. Pantaloon has plans to
open over 3000 new stores by 2010.
Pantaloon's origin can be traced to 1987 when the company was incorporated as Manz Wear
Private Limited. The company launched Pantaloons trouser, India's first formal trouser
brand. In 1992, Pantaloon launched its IPO. In 1994, The Pantaloon Shoppe - exclusive
menswear store in franchisee format was launched across the country. Pantaloon started
distribution of distribution of branded garments through multi-brand retail outlets across the
nation. In 2001, Big Bazaar, India's first hypermarket chain was launched. In 2002, Food
Bazaar, the supermarket chain was launched. In 2006, Future Capital Holdings, the
company's financial arm launched real estate funds, "Kshitij" and "Horizon" and private
equity fund "Indivision". The company is also planning forays into insurance and consumer
credit.Pantaloon Retail is the flagship company of Future Group. The lines of business of
Future Group are:E-commerce: Pantaloon's website Futurebazaar.com has revolutionized
the e-commerce business in India. It offers a wide range of products at affordable prices. It
has been named as Best Indian Website 2007 in the Shopping category by PC World.
Food: In food business, the group offers a host of options. Food Bazaar - a chain of large
supermarkets; Brew Bar - a beer bar; café Bollywood - a national chain of eateries;
Chamosa - a pan-Indian chain of snack counters, and Sports Bar - a bistro focused on the
world of sports.
Fashion: The group offers a variety of options in fashion. Its brands include aLL, Blue Sky,
Central, Etam, Fashion Station, Gini & Jony, Navaras, Pantaloons, and Top 10.
Home & Electronics: Options include: Collection i - a lifestyle furniture store; Electronics
Bazaar - offers branded electronic goods and appliances; e-zone - trendiest electronics
items; Furniture Bazaar - entire range of Home Furniture; Home Town - one stop
destination for all the home needs.
Leisure & Entertainment: Options are: Bowling Co. - state-of-the-art premium family
entertainment centre, offering multiple, novel and unique leisure and entertainment options;
F 123 - offers a wide range of gaming options ranging from bowling and pool to redemption
and interactive video games to bumper cars.
Wellness & Beauty: Options are: Health Village - a state-of-the art spa and yoga centre; Star
& Sitara: Beauty salon for men and women; Tulsi - provides access to the best allopathic,
ayurvedic and homeopathic medicinal products; Turmeric - offers beauty products like
colour cosmetics, fragrances, herbal and specialty skin items, hair products and bath
accessories.
Books & Music: Future Group's brand - "Depot" offers Books, CDs, and stationery items.
PRODUCT LINE:
Pantaloon sold aparrels and accessories categorized under:-
Men’s formal
Men’s casual
Ladies ethnic
Ladies western
Children’s wear
?Pantaloon develops three types of merchandise:-
Classic type
Fashion type
Collection typE
PRODUCT MIX:
1. Product:
E-commerce: Pantaloon’s website Futurebazaar.com has revolutionized the e-commerce
business in India. It offers a wide range of products at affordable prices.
Food: In food business, the group offers a host of options.
Food Bazaar – a chain of large supermarkets; Brew Bar – a beer bar; café Bollywood – a
national chain of eateries; Chamosa – a pan-Indian chain of snack counters, and Sports Bar
– a bistro focused on the world of sports.
Fashion: The group offers a variety of options in fashion. Its brands include aLL, Blue Sky,
Central, Etam, Fashion Station, Gini & Jony, Navaras, Pantaloons, and Top 10.
Home & Electronics: Options include: Collection i – a lifestyle furniture store; Electronics
Bazaar – offers branded electronic goods and appliances; e-zone – trendiest electronics
items; Furniture Bazaar – entire range of Home Furniture; Home Town – one stop
destination for all the home needs.
General Merchandise : Options Include: Big Bazaar , Shoe Factory, Brand Factory,
Navaras, KB’s FairPrice , Central, Blue Sky
Leisure & Entertainment: Options are: Bowling Co. – state-of-the-art premium family
entertainment centre, offering multiple, novel and unique leisure and entertainment options;
F 123 - offers a wide range of gaming options ranging from bowling and pool to redemption
and interactive video games to bumper cars.
Wellness & Beauty: Options are: Health Village – a state-of-the art spa and yoga centre;
Star & Sitara: Beauty salon for men and women; Tulsi - provides access to the best
allopathic, ayurvedic and homeopathic medicinal products; Turmeric - offers beauty
products like colour cosmetics, fragrances, herbal and specialty skin items, hair products
and bath accessories.
Books & Music: Future Group’s brand – “Depot” offers Books, CDs, and stationery items.
2. Price:
Pantaloons India has brought a whole new revolution when it comes to pricing strategies,
which is evident through the success of its Big Bazaar and Food Bazaar outlets.
3. Place:
The company operates over 12 million square feet of retail space, has over 1000 stores
across 71 cities in India and 65 rural cities with taking over Aadhar(). It plans to take up
floor space of 30 million square feet by 2011.It has plans to open over 3000 new stores by
2010. It is targeting the Tier-2 and 3 cities which has a huge unleashed potential.
4. Promotion:
They use magazines, newspapers, television, radios , hoardings, internet etc for promoting
the brand . They have joint ventures and alliances with many companies to promote the
brand.Seasonal Discounts , Sales Discounts during Festivals are offered to attract
consumers.
5. People:
At the senior management level, the group hired high profile executives from reputed
organizations like Goldman Sachs , Coca-Cola India, PRIL also tied up with a few
management schools to create a management talent pool for the lower levels.
Best Employers in India (Rank 14th) in the Hewitt Best Employers 2007 survey.
The company follows a multi-format retail strategy that captures almost the entire
consumption basket of Indian customers.
6. Processes:
Pantaloons Retail has implemented SAP with an investment of $10 Million in keeping pace
with the technology and it is currently in the process of setting up a SAP consultancy
software. SAP will be helpful in building robust transaction management system and
7. Physical Evidence:
It has a huge list of awards, recognition in its kitty like Most Admired Fashion Group Of
The Year, Most Admired Food & Grocery Retailer Of The Year , Most Admired Food
Court , Most Admired Retailer of the Year, ,Most Admired Food & Grocery Retailer of the
Year – Supermarket
It is the pioneer in the retail industry and it believes in developing strong insights on Indian
consumers and building businesses based on Indian ideas, as espoused in the group’s core
value of ‘Indianness.’ The group’s corporate credo is, ‘Rewrite rules, Retain values.’
MARKETING STRATERGIES:
Retail News October 2006
GENERAL PLANS AND INDUSTRY INFORMATION
Organized retail majors record over 50% growth in Q2
Wednesday, November 08, 2006
The top five retailers in the organized retail sector have had a phenomenal performance this
past quarter, with a combined net sales growth of more than 50% for the quarter than ended
September 2006. The top five retailers, Pantaloon Retail, Shoppers' Stop, Trent, Titan
Industries and Provogue, have combined net sales growth of 52% and net profit growth of
22%.
Pantaloon Retail had the highest net sales growth at 65%, its value segment increasing by
78% and lifestyle segment increasing by 50%. Value retail accounts for close to 72% of the
company's turnover.
Source: The Economic Times
Malls attracting more than just customers
Wednesday, October, 04, 2006
Its not only customers that are flocking to malls in India, marketers are all making a beeline
to malls as they are the perfect connecting place to their target audiences. Banks, credit card
companies, cars, and airline companies are all focusing on co-branding activities with
retailers who are selling every little inch of space for signs; carry bags, end caps, trolleys or
in-store TV promos.
PRICE:
Monday, October 30, 2006antaloons sold branded garments at affordable prices.
?More than 70% of apparel sales at pantaloons consisted of
private labels like Bare, HNY,John Millers,AFL etc while rest were
brands such as Levis,Arrow,reebok etc.
?The price of private labels was 20%-25% lower as compared to
the branded once.
?In men’s wear retailers earned margin between 55%-60% on
private labels while in women’s wear it was between 48%-50%.
?Special event pricing
DISTRIBUTION:
?Promotional pricingPantaloons located at up market accessible & high
footfall locations.
?Initially,property was purchased & developed by
Biyani but after 2002 he decided to buy properties on
lease.
?In beginning the stores had a floor space of 4,500 sq
ft but later it grew bigger and occupied between
30,000-90,000 sq ft.
?It takes 20,000-25,000 sq ft in high traffic areas like
entertainment complexes and shopping malls.
?Pantaloon entered into a strategic alliance with Inox
leisure to take up spaces in multiplexes.
?One level distribution