Changing Paradigms, Competitive Strategies and Role of 'Integrated Marketing Communication in Building Brands in Indian Market'
Changing Paradigms, Competitive Strategies and Role of 'Integrated Marketing Communication in Building Brands in Indian Market'

Author: Tapan Panda

Publisher:

Published: 2016

Total Pages: 15

ISBN-13:

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Building Brands in Indian market is on an evolutionary process. The behavior of Indian consumer can not be simply grouped as emerging market behavior. The demand level in the emerging market is flat at the base and the consumption is more commodities centric. The customers choose products and brands that satisfy the basic needs than for reasons of emotion or pleasure seeking behavior. Hence brands those deliver price value are more successful in the market. While building a brand the brand manager spends every media pie in talking about this basic proposition. Horizontally large chunks of the population do not have purchasing power in an emerging market and do not qualify to be customers of brand centric marketing. Though brands exist in these segments but they only play the identification and differential function; they are not delivery vehicles of brand value to the customers. The researches conducted on Indian market speak a different story. Segments, which are assumed to have no purchasing power, were found to be using quite a good number of product categories including the consumer durable.The Indian marketers avoided entering in to the rural markets due to poor purchasing power parity with urban customers, abysmal infrastructure network and lesser avenue for brand promotion. It is observed that the rural customer has started using the up market and urban brands faster and stalted using products and brands almost similar to the urban customers. Most of the FMCG majors and consumer durable companies are looking at rural markets as the growth drivers of the future. So this typicality in brand penetration and acceptance across demographics and geographic segments have brought unique attempts and experiments in building brands in Indian market. This paper is an attempt to conceptually evaluate the alternate brand paradigms and see how they contribute towards building brands as a competitive advantage. The author has also made an attempt to develop an alternative brand building model through the use of effective integrated marketing communication and advertising in particular in Indian market. This paper highlights situations where the brand manager can use alternate platform and copy formats in building brands.

Research Anthology on Small Business Strategies for Success and Survival
Research Anthology on Small Business Strategies for Success and Survival

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2021-06-25

Total Pages: 1496

ISBN-13: 1799891569

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Running a small business provides opportunity for greater success, increased growth, and potentially the chance to move to the global business arena, yet also much more risk. Small businesses not only have less employment, but also less annual revenue than a regular-sized business. With the growth of large corporations and chain businesses, it has become harder to maintain the survival of a small business. The COVID-19 pandemic has also brought more pressure onto the already unsteady survival of small businesses, due to forced closures, decreased agility, fewer technological innovations, and smaller customer bases. The Research Anthology on Small Business Strategies for Success and Survival offers current strategies for small businesses that can be utilized in order to maintain equal footing during challenging times. With the proper strategies available to small business owners, small businesses could not only survive, but also excel despite the environment that surrounds them. Covering topics including decision management, new supportive technologies, sustainable development, and micro-financing, this text is ideal for small business owners, entrepreneurs, startup companies, family-owned and operated businesses, restaurateurs, local retailers, managers, executives, academicians, researchers, and students.

Marketing Communications in Emerging Economies, Volume II
Marketing Communications in Emerging Economies, Volume II

Author: Thomas Anning-Dorson

Publisher: Springer Nature

Published: 2022-01-01

Total Pages: 313

ISBN-13: 3030813371

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Drawing on the expertise of multi-disciplinary scholars from emerging economies, this volume aims to share fascinating perspectives on marketing communications by discussing the shift in the power of public relations, and highlighting how the small and local use communication effectively to improve performance and shares useful lessons on how to communicate hope by responding to customer emotions during uncertainties. The book contains valuable lessons and insights on communicating corporate social responsibility, effective social media communication, enacting brand purpose through communication, and using aesthetics in point-of-purchase advertising to drive purchase intention. It is the first of its kind to highlight key conceptual issues and provide critical empirical evidence on marketing communications in and from emerging economies. Corporate executives, educators, students, policymakers and businesses would find this book a useful tool on marketing communication as it lays bare some important strategic and operational insights specific to emerging markets.

Digital and Social Media Marketing
Digital and Social Media Marketing

Author: Nripendra P. Rana

Publisher: Springer Nature

Published: 2019-11-11

Total Pages: 337

ISBN-13: 3030243745

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This book examines issues and implications of digital and social media marketing for emerging markets. These markets necessitate substantial adaptations of developed theories and approaches employed in the Western world. The book investigates problems specific to emerging markets, while identifying new theoretical constructs and practical applications of digital marketing. It addresses topics such as electronic word of mouth (eWOM), demographic differences in digital marketing, mobile marketing, search engine advertising, among others. A radical increase in both temporal and geographical reach is empowering consumers to exert influence on brands, products, and services. Information and Communication Technologies (ICTs) and digital media are having a significant impact on the way people communicate and fulfil their socio-economic, emotional and material needs. These technologies are also being harnessed by businesses for various purposes including distribution and selling of goods, retailing of consumer services, customer relationship management, and influencing consumer behaviour by employing digital marketing practices. This book considers this, as it examines the practice and research related to digital and social media marketing.

Innovative Integrated Marketing Communication Strategies Used to Market Ra.One
Innovative Integrated Marketing Communication Strategies Used to Market Ra.One

Author: Shafiulla Baran

Publisher:

Published: 2014

Total Pages: 0

ISBN-13:

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Bollywood Hindi movie Ra.One with a whopping budget of 150 cr (US$29.16 mn) was jointly produced by Eros International and Shah Rukh Khan's production company, Red Chillies Entertainment. This paper provides an overview of opportunities and challenges of marketing and Integrated Marketing Communication (IMC) strategies of the movie Ra.One and a new trend in the entertainment service sector in India. The major objectives of this paper are: (i) To analyze the various innovative marketing strategies used by Ra.One film; (ii) To analyze specific pre-release IMC strategies of Ra.One for Indian and global market; (iii) To examine the various revenue models used for pre-release revenue collections of Ra.One; and (iv) To discuss tie-ups of Ra.One with various national and international brands in India for promotional campaigns and revenue generation. This paper has been the first attempt at studying the IMC strategies of a Bollywood movie. The major theoretical concepts covered in this paper are IMC components like advertising, sales promotion, public relations, direct marketing, online marketing, product placements, and merchandise promotion. These strategies are practically used in the promotion of Ra.One movie. This paper highlights the practical application of IMC strategies for marketing a movie.

Strategic Integrated Marketing Communication
Strategic Integrated Marketing Communication

Author: Vanessa Kemme

Publisher:

Published: 2018-05-15

Total Pages: 30

ISBN-13: 9783668706194

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Research Paper (undergraduate) from the year 2017 in the subject Communications - Public Relations, Advertising, Marketing, Social Media, grade: 1,3, International Business School Nürnberg, language: English, abstract: In every area of science, economy and industry communication is used to create a significant message and to build relationships between sender and receiver. Especially when it comes to the science of marketing, communication is used in various forms that are managed and channelled consistently by strategic integrated marketing communications (IMC). Primarily introduced in the 1980s as a marketing strategy, IMC today plays a major role in many organisations corporate strategy, including the German company Lufthansa. The following essay will outline this marketing strategy by its theory and will apply it to the strategy of Lufthansa in three parts. Thereby the first part will illustrate the theoretical background of IMC regarding to its role and concept and its relations to other areas of marketing and business management. These findings will primarily be based on secondary research of literature from Kotler, Percy and Fill which will be sustained by the work of other authors. The second part of the essay will enlarge this theory by the approach of the communication mix and will transmit it to the practise of the German company Lufthansa. As the company is constituted as the Lufthansa Group and various sub companies the author will concern the business segment of passenger transport that is carried out by Lufthansa Passenger Airlines, in the following named Lufthansa. This business segment will be analysed for its integrated marketing communication strategy "Nonstop you" as part of the "7 to 2-our way forward" marketing program of Lufthansa Group. This analysis of the current strategy will lead over to recommendation within the third part of the essay, by providing an additional concept that will be described by the SOSTAC model. Within six elements

The Evolution of Integrated Marketing Communications
The Evolution of Integrated Marketing Communications

Author: Don Schultz

Publisher: Routledge

Published: 2013-12-16

Total Pages: 179

ISBN-13: 1317979605

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This book reviews, updates and enhances the basic concepts surrounding the academic theory and practice of Integrated Marketing Communication (IMC). Since the introduction of IMC in the late 1980s, the concept has spread around the world. In that expansion, many authors have written about IMC; practitioners have adopted and adapted the concept to fit their own market situations. Further, dramatic changes have occurred in the technologies used in marketing communications which consumers have accepted and employed in their consumption of marketers' messages and incentives. Thus, there have been dramatic changes in how IMC was initially envisioned and how it has developed over time. This book identifies and discusses these changes, how they have occurred and what they mean going forward for all types of marketers around the world. Thus, IMC, and indeed integration of communications at all organisational levels is an essential in the 21st century organisations. This book was published as a special issue of the Journal of Marketing Communications.