Although the size of the Indian non-paper stationery market is large. , the per unit sales per consumer will be low. Consumers may not buying a pack of pencils but one or two. Since the per unit price is also low, consumers are not that brand loyal and the key is to have the distribution reach and channel support. Brands like Camlin has a generic status in the various categories within this market.
For a challenger brand like Ffun, the brand must own a larger share of mind in the consumer. The brand should also have a fair share of voice inorder to achieve this share of mind. Navneet was investing heavily in building the brand. The brand broke into the market with some smart campaigns.
The best thing that Navneet has done for the non-paper stationery entry was to create a new brand for the category. Navneet could have chosen to extend the corporate brand ( Navneet) into this market hoping to extract the equity of Navneet. Instead, the company took a bold and wise decision to create a new brand.
The next smart act was the selection of the brand name. Navneet was wise enough to choose a brand name which appeal to the target segment ie kids. To take a name such as " FUN " creates a huge leverage interms of brand promotion and communication. The brand created some uniqueness to the brand by coining the brand name as FfUuNn.
The brand interprets itself as Full Marks + Fun. That explains the rather unique name spelling. By combining two important attributes like Fun and Study, FfuUNn created one of the best positioning platforms in the category. Although it sounds good, integrating the two divergent concepts like Fun and Study is not easy.
Luckily for the brand, the agency created some smart campaigns for FfUuNn and the brand had a very very good start in the market.
Watch the campaigns here : Fun Giraffe Fun Sea
Fun is now category brand of Navneet under which the entire range of stationery products are launched . The brand launched its range of colors, erasers, sharpeners and whole lot of products in the category. Again for colors, the brand came out with some very good commercials. Watch it here : Fun colors 1,Fun colors 2 .
FfUuNn is a good brand with some good brand properties. The communication also supports the brand's core positioning. The brand virtually has all the marketing mixes going right for them . It will be interesting to see how this brand going to shake up the stationery market.