Ayurveda/Unani/Sidha/Homeo/treatment market : Rs 9000 crore Growth :20%
Ayurveda:Rs 5000 Crore
Salon Products-hair and skin :Rs 2000 crore
Salon business: Rs 12000 crore
Specialist salon treatment :Rs 1000-Rs1200 crore
Anti aging -invasive& surgical :Rs 700 -800 crore
Tv advertising market :Rs 14000 crore
Monday, December 02, 2013
Market Statistics
Thursday, November 28, 2013
Murugappa Group : Bet We Have Met
Corporate brand : Murugappa Group
Brand Analysis : # 536
Brand Analysis : # 536
Murugappa group is one of the oldest Indian conglomerate.The group founded in 1900 has grown to become a Rs 23000 crore business empire with 28 businesses including 11 listed companies. The group has interest over industries such as cycles , abrasives, autocomponents,sugar, farm equipments,fertilizers etc.
Murugappa group owns some of the very famous consumer brands like BSA, Hercules , Parrys, Cholamandalam etc. But the group as such does not have much recall with the general public.
It is in this context that Murugappa Group undertook a massive corporate branding exercise themed " Bet we have met ".
In 2008, the company undertook a brand study to understand the brand connect with the key stakeholders. The study revealed that though the individual brands were well known and respected, there was no connect between the individual brands and the group's identity. Even at the employee level, an understanding of the Murugappa's scale of businesses a pride of being a part of a large group were less than expected.
The process of creating a unified corporate branding exercise started in 2010 with a rebranding of the group with a new logo . This was followed by a massive internal branding exercise themed " Energy Unbound". The campaign had external and internal linkages.
External campaign was addressed at creating awareness about the group's diverse business and how it touches one's life.
Watch one campaign here : Murugappa Group Energy Unbound
The campaign was the beginning of the group's thinking that they need to create an identity for the group.
More than the external audience, the 2010 focused on creating awareness of the group's identity among the 32000 employees through an internal branding campaign.
The internal marketing campaign was created to facilitate awareness and bringing a sense of pride among the internal stakeholders. How the group executed the campaign was interesting. Every year, at a specific time, all the group employees come together at their respective firms to celebrate "Energy Hour ". The employees irrespective of the hierarchy came together in same uniform to celebrate this event. ( source )
In 2012, Murugappa group initiated another ambitious corporate branding campaign themed " Bet we have met ". This Rs 30 crore campaign was to build awareness about the group's varied operations to the general public.
The campaign was executed on the basis of the theme of " bet we have met". The core idea is that Murugappa group has touched the life of the people through any of the group companies. In a sense that was true also. I used to ride a BSA SLR cycle.
So that concept was executed using the idea of meeting someone whom we have met but couldn't recall when or what context. So the agency created 9 different campaigns featuring 9 group companies.
Watch the ad here : Murugappa bet we have met
While the 2010 campaign established awareness about the Murugappa group, the company felt that the connect between the corporate brand and the individual company brand's were not established. The 2013 campaign has clearly linked these two brands together. The common visual element used was the visiting card . The ad is simple and very effective in communicating the message. Only issue is that the repetition makes it little irritating.
Now the question is why such a high profile branding exercise ? Is there a real benefit for such a corporate branding exercise.
The answer is affirmative. In the case of Murugappa group, the individual companies under the conglomerate has a better brand equity compared to the corporate brand. So in the initial branding years, the conglomerate brand - Murugappa will be trying to derive equity from brands of the group companies. The group will benefit with this campaign because once the connect gets established, Murugappa Group will be able to get advantage from this equity for future endevours. For example, once Murugappa establishes itself as a powerful conglomerate brand, its public offerings ( IPO etc) will have higher chances of success. Also a powerful corporate brand will also able to attract investors aswell as human resources and business partners.
At this point, the SBU brands like BSA, Parrys etc may not have immediate benefit from Murugappa Group brand but in future, having a powerful corporate brand is always helpful.
Although the current campaign establishes the fact that Murugappa Group is a large business house with lot of good group companies, there is no mention about the core brand values of the brand- Murugappa Group. What does Murugappa brand stands for ?
What are the core brand values ?
What is the Murugappa brand's manthra ?
These questions are not addressed in the current campaign. I think that the brand should have thought about these and should have conveyed some of these in the current campaign. Anyways the company is spending Rs 30 crores and getting lot of eyeballs, it should have used this opportunity to convey the conglomerate brand's values through a tagline or some copy. May be the brand is keeping that for the next campaign.
The current campaign has a very short term objective - create awarness. And it will deliver awareness about the Murugappa brand but the real success of the corporate communication campaign will depend on how Murugappa identifies and communicates its core brand values and brand manthra in the coming campaigns.
Sunday, November 17, 2013
Colgate : Adds Mothers' endorsement to the pitch
Colgate, the market leader in the toothpaste segment in India has made a subtle but significant change to the brand's pitch. All through these years, the brand has been pitching itself as the No.1 brand endorsed by dentists.
In its latest campaign, the brand has included mother's endorsement to its tagline. The new tagline is " No.1 brand endorsed by mothers and dentists. This move was warranted by the fact that dentist's endorsement has become commoditized. Every toothpaste brand has now taken up the endorsement of dentists, either explicitly or by showing the main character as a dentist.
With the main proposition of the brand under threat, Colgate had to move fast to protect its position. And it did that in a smart way by including endorsement by mothers.
Another major brand development is the plethora of celebrity endorsement that was initiated by the brand in recent times. Now Kareena Kapoor endorses Colgate Activ Salt, Sonam Kapoor for Colgate Whitening, Virdas for Colgate Total , Allu Arjun for Max etc.
In the case of Active Salt variant, Colgate has added lemon as an ingredient. Now Active Salt focuses on whitening ( removing yellowness) too rather than gum strength.
Saturday, November 02, 2013
Maruti Estilo : RIP ( 2009-2013)
Finally Estilo is dead. From a sub-brand ( Zen Estilo) to an independent brand and finally to a dead brand, Estilo never had a good run in the Indian market primarily because it tried to step into the iconic place of its predecessor- Maruti Zen.
The fault was not with the product but with the messy brand experiments and the lack of giving proper positioning of Estilo. The primary error was made when Maruti decided to brand the new car which replaced Zen as Zen Estilo. While the intention was to keep the Zen brand alive, the main issue was that the new product did not share any commonalities with the outgoing Zen. That created unwanted dissonance in those who expected the same peppy personality of the original Zen.
To be fair to Estilo, the car was spacious and good. But Maruti never was able to give a space for Estilo in its crowded product portfolio. It was to fill the gap between Alto and Wagon- R but was not able to quite do it effectively. Consumers viewed it as a compromise primarily because of the perception. Maruti was also not keen of giving any sort of promotional push to the brand neither was any thought on the positioning of Estilo.
So when there was an option , consumers stopped looking at Estilo as an option.
With the death of Estilo, the legacy of Zen has completely ended.
Related Post
Tuesday, October 15, 2013
Brand Update : Thru a horrible campaign,Old Spice asks you to be Mantastic
In my marketing communications class, I used to show the globally famous " The man, your man could smell like" campaign featuring the Old Spice man Isaiah Mustafa ( watch here) as an example of a highly successful marketing campaign in 2010. Three years after, in 2013, P&G started showing that advertisement in the Indian market. The disconnect had started.
To my surprise, the brand owner decided to adapt the globally successful campaign to Indian market with Milind Soman taking the place of Isaiah Mustafa. And the outcome was hopeless.
Watch the ad here : Old Spice India ad 1
Old Spice India ad 2
To my surprise, the brand owner decided to adapt the globally successful campaign to Indian market with Milind Soman taking the place of Isaiah Mustafa. And the outcome was hopeless.
Watch the ad here : Old Spice India ad 1
Old Spice India ad 2
I would say that Old Spice has done a horrible job in adapting a global campaign. I am not sure what the agency had in mind when they conceived this campaign ? While the original global ad had a strategy behind it, the Indian brand failed miserably in making any sense and succeeded killing the brand's whatever image that is left in the Indian consumer's mind.
There is total confusion in what the brand is aiming to convey and to whom ? While the Old Spice man from original campaign talked to the ladies with his famous " Hello Ladies " opening, the Old Spice Indian man doesn't know what he is talking about and to whom ? And sadly at the end of it, the brand talks about " attraction " thus falling into the same language that other brands are talking about.
When a brand adapts a globally successful campaign, its inevitable that people will compare and its brand and agencies duty to do justice to the original creative. Here in my opinion, the brand fell flat in the adaptation. The ads are neither attractive nor share-able and is desperately trying to be funny which is sad. The new tagline Smell Mantastic is as horrible as the campaign itself.
The new campaign had virtually killed the earlier brand image of Old Spice. But instead of creating a new image, this adaptation had put a confused picture of the brand interms of the image. While the 2010 global campaign put Old Spice in a leading position in western market because the ad theme and message connected with the consumer. But thats not the case here. The adapted campaign neither connects nor conveys any message or makes sense. Hope in the subsequent ads, the creatives will do justice to the brand.
What a horrible waste of a good brand !
Thursday, October 03, 2013
Nivea Men : It starts with you
Brand : Nivea Men
Company : Beiersdorf
Brand Analysis : 535
Company : Beiersdorf
Brand Analysis : 535
Nivea is on a high these days. One of the world's largest skincare brand has decided to up the ante in the highly cluttered Indian market. In the process, the company has rebranded and repositioned its offering for men.
Nivea had its presence in the men's grooming market with the brand 'Nivea for men' in 2007. The men's range was promoted with the tagline " What men want ". The brand started its serious foray into men's category with an Advanced Whitening range.
This year, the brand has gone for a makeover. Nivea had rebranded its men's range with the new brand name " Nivea Men". Along with the new name is the new positioning. The Nivea Men is positioned on the user .The typical brand user is profiled as the one who tackles things on their own. The brand has the new tagline " It starts with you ".
Besides the new name and the positioning, Nivea Men has roped in the Bollywood actor Arjun Rampal as the brand ambassador. The brand is on a high decibel campaign featuring the brand ambassador.
Watch the ad here : Nivea Men deo , Nivea Men Skin care
I like this campaign for two reasons. First is that the brand has resisted itself from taking the " Attraction " route taken my most men's grooming brand. Second is the fit that the brand established between the brand and its celebrity endorser. I feel that Arjun Rampal was used very smartly by the brand . There is a personal touch and authenticity to the message delivered by the celebrity.
Nivea has been able to convey its message very smartly in the new campaigns. This has been backed by research done by the brand before venturing into the men's category. According to various newsreports, research revealed that
a. Men are not satisfied with the efficacy of the existing skincare products which are targeting women.
b. Men are also not interested in visiting products displayed in the women's isles in the stores.
c. While grooming is the end result for women, men view grooming as a tool to get what they want in life.
d.84% of men use products borrowed from the women of their life.
e. Most of the men's grooming issues arise out of excessive oily skin and hyper-pigmentation.
Based on these insights, the brand carefully crafted the brand's strategy. It adopted a narrative where the brand talked to the men like men do. This is evident from the way the celebrity endorser has conveyed the message through the ads .
Another good thing the brand did was it clearly and rationally identified the brand's USPs. For example, in the skincare range, the brand talked about darkspots, for deodorant the brand talked about freshness etc.
Nivea has clearly got its communication right this time. It has a convincing message and a right brand ambassador. Nivea is also the only brand in the men's category to have a range of products ranging from skincare to deos which also adds more punch to the brand's visibility in the retail outlets aswellas the scope.
Good going.
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