MARKSMAN T h K J SOMAIY A INSTITUTE OF MANAGEMENT STUDIES & RESEARCH VOL. 2 | ISSUE IX| FEB ‘12 IS BRANDING THE WAY TO ENTER RURAL MARKETS? MARKETING THAT GOES BEYOND DEATH! NEW SECTION Tete-A-Tete with Mr. K Ramakrishnan-VP of L&T
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MARKSMAN T h eSOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH VOL. 2 | ISSUE IX| FEB ‘12
S BRANDING THE WAY TOENTER RURAL MARKETS?
MARKETING
DEATH!
NEW SECTION
ete-A-Tete with Mr. K Ramakrishnan-VP of L&T
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EDITOR’S DESK
FEBRUARY 2012 01
Cheers !!
Team – Marksman
The Interface – The Marketing Club of SIMSR
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 afresh, 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)
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CONTENTS
FEBRUARY 2012 02
CONTENTS
FEBRUARY 2012 02
TWEETS
03
FEATURED ARTICLESIS BRANDING THE WAY TO ENTER RURAL MARKETS? …12
MARKETING STRATEGY ADOPTED BY NOKIA FOR
ITS NEW NOKIA LUMIA TO BREAK THE CLUTTER IN THE
SMARTPHONES SEGMENT …14
NEWSPAPER BRANDS WAR! …16
BOOKWORM
18
SqAreheaD
19
REWIND
20
BUZZ
21
TWEETS
03
It’s all about
AD-itude!
04
Tete-A-Tete
06
brand
MARK-ive
05
COVER STORY
REVERSE
MARKETING
07
SPECIAL STORY
MARKETING
THAT GOES
BEYOND DEATH
10
NEW
SECTION
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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.
TWEETS
FEBRUARY 2012 03
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.
Flipkart acquires LetsbuyFlipkart, 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 butobtuse 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.
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It’s all about AD-itude!
FEBRUARY 2012 04
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.
P
R
I
N
T
TV
C
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 asthe 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!
Advertiser: CPAA india
Advert title: Chanting
Lighter
Creative Agency: Ogilvy
India
Cancer Patients Aid
Association this time
tried something new and
instigating to spread the
awareness against
cigarettes amongst
smokers.
This is an innovative print
ad campaign by
McDonald’s in Mumbai,
Thane & Navi Mumbai. This
is very apt for this voting
season.
McDonald’s came up with
this ingenious idea of
giving free cokes to all
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brand-MARK-ive
FEBRUARY 2012 05
Coca Cola was first formulated by John
Pemberton at the Eagle drug and Chemical
Company and called it Pemberton's French
Wine Coca after getting inspired by Vin
Mariani. It was sold as a patent medicine that
was believed to cure many diseases, morphine
addiction, impotency and headache.
The non-alcoholic version of the French Wine
Coca was sold for the first time in 1886 at the
Jacob’s Pharmacy.
Coca-Cola which means “to make mouthhappy” in Chinese is called “Coca-Cola”
because of the original ingredients used in the
medicine, Coca leaves and Kola seeds.
The Coca Cola logo was created by John
Pemberton’s bookkeeper, Frank Mason
Robinson, in 1885 who came up with the name
and chose the logo’s distinctive cursive scripts.
The typeface used, known as Spencerian script
was the dominant form of formal hand writingin US.
The Coca Cola bottles are often referred to as
“Hobble-skirt Bottles” because of its
resemblance the bottle contours resembled to
a dress from the early 1900s.
Coca Cola is credited with inventing the
modern image of Santa Claus as an old man in
a red-and-white suit.
NEW
SECTION
This new section is
dedicated to a
particular brand stating
some mind boggling
facts and other trivial
information about thecompany and aims at
increasing one’s
knowledge quotient.
The name of the flavour base included in the
secret formula for 'Coca-Cola' is referred to as
7X which only a few people know. Concentrate
for 'Coca-Cola' is made in a number of
centralized production facilities, and is
exported to all countries in the world that
bottle 'Coca-Cola'.
Although 'Coca-Cola' is enjoyed ice-cold
around the world, in Hong Kong it is also
served hot as a remedy for colds.
Some unusual uses of Coca Cola include as agrease stain remover, rusty bolt loosener, toilet
cleaner, spermicide, odor remover, medicine,
and many more.
The company champions various CSR
initiatives such as rainwater harvesting,
restoring groundwater resources, going in for
sustainable packaging and recycling, and
serving the communities where it operated.
The Coca Cola Company presently offers aportfolio of more than 3500 products in over
200 countries.
Last year on May 4th 2011, Coca Cola
celebrated 125th anniversary by creating the
World’s Largest Single Building Illumination in
their headquarters at Atlanta, thanking people
around the world.
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TETE-A-TETE
FEBRUARY 2012 06
Mr. Ramakrishnan is currently the V.P of Larsen &
Toubro Limited, Hazira Central Services, Surat. He
poke to students on “The skills for being a
manager and the need to be able to adjust to the
changing paradigm” . He had the audience excited
about future avenues that await them. He spokeat length on the importance of communication,
active listening, risk mitigation and sustainable
efforts. The talk was extremely engaging and
nspiring. Mr. Ramakrishnan shared his
experiences and learning and left us with some
ood for thought. Our voracious team Marksman
aught up with him after the lecture for additional
nsights.
Sir you graduated as a B.E. from VJTI and joined
&T. To that regard, does a good manager really
need to be an MBA?
n today’s context MBA is important because it
helps learn all the facets of management which
would be missed out otherwise. But I would
ather prefer a person who has worked in the
ndustry and then undertakes MBA because it
helps them hone their skills and experience.
n order to sustain oneself, they say it is
mportant to unlearn one’s b-school learningwhile entering the corporate world. What is your
ake on this?
think that most things you have learnt at college
or school stand you in good stead while working
also. I don’t think there is any unlearning as such.
t is just that you learn a lot with experience and
maybe something very theoretical may have to be
unlearnt.
What should SIMSR do to ensure students adapt easily to corporate life that awaits
Mr.
K Ramakrishnan,
VP of L&T
them?
Primarily, interaction with people who can share
their experience about corporate world with
students. Their exposure needs to be increased
while there should also be soft skill training given
to students to meet the expectations of the
industry. We need people who can communicate
clearly and effectively. As far as theory goes I thinkb-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
as compared to the European countries you have
worked in?
There are quite a few things we can learn from
other country nationals:
1. Value of time is very high
2. Interactions had to be specific and to the point3. Commitment had to be very specific
4. Discipline not just in terms of time but, walking
on the road, or driving.
Do work ethics get compromised when it comes
to sales and marketing department?
Yes. I am being very upfront while saying this
There may be customers who give you some
indication in some way to help their business. So
there is a very thin line or shall I say there is a grey
area where I don’t think any company can
confidently say that they haven’t strayed into. So
there yes there is a bit of aberration or a deviation
but generally it is ethical.
Marketing is a very dynamic field with change
being the only constant. How to you keep
yourself updated and stay in the thick of things?
Well in many ways! Reading up and interaction
with people are very informative means
Especially in the Business Development field, youneed to spend more time in person with the
customer. Meet, see the site and understand the
client’s requirements. It is imperative to
understand the change by being in it. No
substitute for that! Also you need to be at the
right place at the right time. Prove yourself, prove
your worth, accept challenges and turn them into
successes. It’s a demanding result driven world
we need to be prepared for it!
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should be and the only way they could reachtheir full potential was to purchase a certain
product or service.
Companies did not worry that this technique
was turning many consumers off since therewere plenty of marketing dollars going
around and they knew that they would
convince at least a small group of consumers
to try their product by these hard-sale
tactics. However, when more became
scarcer and consumers started shopping
more carefully, these companies found the
hard sales tactics simply no longer worked.
Reverse marketing works by not using hard
sale tactics. In some cases, reverse
marketing means no salesmanship at all.
Instead, reverse marketing allows
consumers needing your product to come to
you by showing them that you are
concerned about what they need and that
you are savvy enough to help them meet
their needs.
C
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FEBRUARY 2012 07
It is a marketing concept which companiesuse to create such an image of the company
that the potential customers will seek the
company, rather than the marketers of the
company seeking the customers. This is
done mostly by using traditional
advertisements, print advertisements and
online media but the main difference lies in
the fact that here companies put out their
content at a location where people will find
it while searching for the product instead of
directly advertising to sell the product.
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
to achieving supply objectives” . The
purchaser makes the initiative in making the
proposal. Reverse marketing is a technique
that when used properly can build yourclient base simply and easily. However, in
order to use reverse marketing effectively
you have to have a clear understanding of
the concepts behind it.
The Traditional Way of Advertising
The old way of advertising was based on
companies actively trying to convince
people that they needed their product. Todo this companies would use what is known
as the hard sale method which simply
means they would go out of their way to tell
people that their product or service would in
some way improve or enrich their lives.
Many times in order to sell their product the
hidden message in these advertisements
were that somehow the consumer was less
attractive, less successful, or they were
enjoying life less than they
How Reverse Marketing Works
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quality customers who are ready to buy, especially
after seeing that a company is knowledgeable and
helpful about a product they wish to buy. A similar
example of reverse marketing would be to put up
an unbiased review site, with links to your web
page for more information or a similar product to
those you are reviewing. Strength of this type ofreverse marketing is that customers searching the
topic can find someone who first demonstrates
their knowledge on a topic with helpfu
information and links at the bottom to check out
their online store. Companies can also use search
engines to advertise their products when the
customers are looking for that kind of product on
the internet but here is a word of caution; paid
links on search engine does not serve the samepurpose as reverse marketing because people
often don’t like to open them as they are
displayed separately. People respond much better
to content when the main purpose of it is not an
actual advertisement.
The success of the Reverse Marketing Campaign
usually depends upon the ability of the seller toshowcase 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 ofautomobiles present on the websites. In this ever
changing world of information technology where
people have easy access to information on
internet, will you prefer to search reviews about
product on internet before making a purchase
decision? If the answer is yes then you can surely
understand the importance of an unbiased good
review of the product and the extent to which it
can affect your purchase decision.
nstead of advertising your business and trying to
onvince people that your product or service is
better than the competitors, you offer them
helpful information in solving their problem or
need. This way you are giving the consumer
practical advice they are looking for at no price.
Then at the end of your advice you include a littlenformation about yourself including your website.
Since you have talked about their specific issue
and using an answer to their query, the consumer
does not feel as though you are trying to sell them
anything. Those that decide that your product or
ervice is for them will then click on your link to
ee what you have to offer. And since you were
he one that offered them helpful advice they will
be more tempted to buy from you.Reverse marketing works simply because you are
helping the consumer achieve a goal they
hemselves have without trying to force them to
buy anything. The consumer comes to you, not
you to them.
An example of reverse marketing would be a
ompany that sells health related product such as
water purifiers, adds to their web site a long E-
book or essay about subjects that potential
ustomers are searching for on search engines.
Compared to just putting a banner ad up on a web
ite, reverse marketing can attract very high
COVER STORY
FEBRUARY 2012 08
Using the Unbiased Approach
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towards using the products of Dove. This
approach did wonders for them and it was very
successful.
The concept of Reverse Marketing considerably
changes the traditional buyer-seller relationship.
The traditional relationship, where the seller takes
the initiative by offering a product, is increasinglybeing replaced by one where the buyer actively
searches for a supplier who is able to fulfil its
exact needs. This again emphasises the fact the
market is greatly moving towards customer
centric orientation. Reverse Marketing can be a
very useful tool for companies to succeed in such
changing environment. But there are some
important points that should be considered before
using the reverse marketing tips. First, a new
entrant should be very careful in trying thisbecause customers pay attention to those
products which are there in their awareness set
Dove and other reverse marketers have been
successful because they are already established
brands and people know how good they are.
Secondly, the most important point, the products
should be good enough to speak for themselves.
COVER STORY
FEBRUARY 2012 09
A wonderful example of Reverse Marketing is
uccess of ‘Dove’. Usually, cosmetic companies
advertise their products by convincing the
ustomer about how their products will improve
heir flawed looks. If you're dark, they'll make you
air. If you're pimply, they'll clear it up. If your skins dry, they'll moisten it. And the list goes on and
on. Basically cosmetic companies tempt you to
ind the flaws in you, criticize your looks and
reate this impression that you're quite ugly
overall, and the only way to make yourself more
desirable is to use their products.
But Dove chose a different approach, though they
might not be willingly doing Reverse Marketing
but effect was nonetheless same. Instead of
pointing at the flaws the skin, Dove asked women
o come together and celebrate their beauty. You
will now notice, how very less coercive Dove ads
eem as compared to the ads of other cosmetics
brands. It's a completely different, novel approach
o marketing altogether. Dove rarely uses models,
which are viewed as plastic and artificial. Dove
uses 'real women', beautiful, but not extremely
For those who think that despite reverse
marketing, customer may buy another product
and all these efforts go in vain. Yes, it is possible
but then companies spend big bucks on direct
marketing schemes, which determine their
uccess rate. Reverse Marketing will still be an
easier way to win customers and create a goodmage in market.
Success Story of Dove
o, to add a touch of
ealism to the ad. And it
s this appeal, the
eeming genuineness of
women, the lack of
oercion, and the lack of
his artificially created
ense of inferiority of
women to the models in
erms of looks, that drew
more and more women
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S
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FEBRUARY 2012 10
Vampires are all the rage right now from books to
movies to sitcoms; everyone seems to be hooked
onto these resurrected creatures. Fictional
although they might be, but their popularity after
death is something to take note of. Although it
takes a lot of imagination to understand the worldof vampires, we can see something a bit more
realistic in the world of marketing going on. It is
marketing after death.
What is it?
Two words to sum it allup are “Michael
Jackson”. He might
have been the greatest
performer of all times
and a pop revelation
and always surrounded
by controversy (which
isn’t always a bad
thing!) the fact of the
matter is that his music
sales had been on a
downward spiral since
long and he was in a lot
of debt. But post his
untimely death on June
25, 2009, a lot
changed. Along with
the shock, mysterybehind the death and
condolences, another
thing that came was a
sudden spurt in music
sales. Everybody
suddenly remembered
him only for the great
artist he was which
resulted in a huge
increase in sales of his
music. All radio stations
started playing his
songs and other artists
who wanted to be a
part of this surge gave
tributes to him further
adding to it all.
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SPECIAL STORY
FEBRUARY 2012 11
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 prematurelykill 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”.
Can it be
milked?
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FEATURED ARTICLES
FEBRUARY 2012 12
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. Andif 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 appropriateto 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
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FEATURED ARTICLES
FEBRUARY 2012 13
and the social milieu it will sell in. And the same logic applies for the color, the sloganand 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.
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FEATURED ARTICLES
FEBRUARY 2012 14
MARKETING STRATEGY ADOPTED BY NOKIA FOR
ITS NEW NOKIA LUMIA TO BREAK THE CLUTTER IN THE
SMARTPHONES SEGMENT
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.
Jet Airways flying with Nokia Lumia colors
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
The Game Changer:
Apple, Samsung, Sony, HTC all claim topossess 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 turnof 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.
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 1.5million twitter followers.
Shahrukh Khan’s tweet praising Nokia Lumia
Abhishek Shukla, NMIMS
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FEATURED ARTICLES
FEBRUARY 2012 15
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 canattend the launch events.
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.
occasion. Keeping with Lumia’s blue color, Nokia came up with ‘Blue Santa’ who distributed
hocolates and coupons in malls.
Another innovative marketing mantra was at display when toll was exempted for more than 15,000
ars 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.
Nokia Lumia taxi offering
free ride to early
adopters
Sania Mirza promoting
Nokia Lumia in a launch
in Gurgaon
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I dare you to compete…the latest move of Indian Advertisement industry
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
FEATURED ARTICLES
FEBRUARY 2012 16
Newspaper Brands on War!Trisha Pandey, Shailesh J.Mehta School of Management, IIT Bombay
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
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.
The Times of India vs The Hindu
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FEATURED ARTICLES
FEBRUARY 2012 17
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 conquerthis 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
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 .
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BOOKWORM
FEBRUARY 2012 18
Ten Deadly Marketing
Sins- Signs and Solutions
Philip Kotler
About the author: Philip Kotler (Chicago, IL) is
the S. C. Johnson Distinguished Professor of
International Marketing at North-western
University's Kellogg Graduate School of
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 facesin 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 theircustomers, keep track of the competition,
manage relationships with stakeholders, find
new opportunities, develop effective marketing
plans, strengthen product and service policies,
build brands, get organized, and use technology
to the fullest.
The book is written in simple words and raises
thoughts. Ten Deadly Marketing Sins is a best
and valuable resource to all the marketers from
the respectable thinker of the modern
marketing age. However the author has been
quite repetitive and the concepts are well
known to a marketing practitioner. Nevertheless
it would be good information for a beginner to
get hold of the key theories and also for
companies as even the big companies have
failed at these concepts.
Favourite Quotes:
“Marketing's work should not
be so much about selling but
about creating products that
don't need selling"
“Marketing is easy to
understand but difficult to
practice".
“Most of marketing is reduced
to a one-P function —
Promotion — not a four-P job.”
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SqAreheaD
FEBRUARY 2012 19
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REWIND
FEBRUARY 2012 20
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
tudents participated enthusiastically in various
management and cultural events. ‘Melange’ meaning a mix
of culture, aimed at creating platform where ideas
onverged and gave rise to a novel experiences.
The management events saw students drafting solutions to
ase studies, business plans and exploring their potential.
Samridhi Social B plan competition with 10 teams in the
inals 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
tudents. Among the most important workshop, the IMC
olloquium was held by Prof. Isaac Jacob. It consisted of a
ound table of 45 minutes and a presentation of an
advertisement project of 15 minutes for each of the 10
eams. 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
ash and 10 lakh in goodies were distributed during the
est. 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 Maujalso put in an enticing performance. Melange was enjoyed
by one and all alike!
A Grandeur which will live in
our memories forever!
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BUZZ
FEBRUARY 2012 21
DOWN
2. The logo is that of Mumbai Mantr
which company owns th
production house?
3. “IHealthU” comes under th
banner of which famous company
6. The hood ornament shown is on
of its kind for which famous c
company? The picture shows Sai
George slaying a dragon.8. Which company owns this reta
chain?
9. This Imperial Eagle used to the o
logo of which bank?
ACROSS
1. The radio station shown in th
pictures is owned by whic
company? “The Week” magazin
is also owned by this company.4. The logo belongs to a compan
called XY. XY is also referred a
Golden Y, Rainbow Y, Town Y, Silve
Y and the official internet addres
exist in 75 countries. Identify th
company XY.
5. This security company service
stars like Mithun Chakraborty, SRKAamir Khan, Lalit Modi, etc
Identify the company?
7. This Indian company is the larges
exporter of Roses in the World.
1 . M a l a y a l a M a n o r a m a 2 . M a h i n d r a 3 . B r i t a n n i a 4 . Y e l l o w P a g e s 5 . A c e , o w n e d b y R o n i t R o y .
6 . R o l l s R o y c e 7 . K a r u t u r i G l o b a l 8 . B h a r t i 9 . D e u t s c h e B a n k
THE CROSSWORD
THE CLUES
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Articles can be sent on any one of the following topics*:
*Please ensure that there is no plagiarism and all references are
clearly mentioned
The best adjudged article will be given a winner's certificate.
Deadline for submission of the articles: 11:59 PM , 16 March
2012.
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: [email protected]
4. Subject Line: Your Name_InstituteName_CourseYear.
5. Kindly name your file as: Your Name_Topic
1. How digital marketing is changing the face o
conventional marketing ?
2. When fans attack – How companies Handle crises on
3. Innovations in promotion and marketing of Movies.
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To subscribe to "The Marksman", Follow the link:-
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OR drop in a mail/contact us at : [email protected]
Subject line: Subscribe: Your Name_Institute Name_Course Year
COVER STORYVibhav Shukla
SPECIAL STORYUpveen Tameri
It’s all about AD-itudePallavi Srivastava
SquAreheaDPallavi Srivastava
Tete-A-Tete & REWINDNiyati Chamyal
COVER PAGEYash Chamaria
Tilottama Sanyal
TWEETS
Upveen Tameri
BUZZ
Sujit Mishra
DESIGN
Tilottama Sanyal
BOOKWORMHinal Shah
Brand-MARK-ive
Sujit MishraPROMOTIONS
Keith Mascarenhas
THE TEAM
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