Stampede of price driven promotions!

I get to cross this mall daily on my way back home and its one of the most popular malls of Bangalore. Always damn crowded and is having all popular brands which you can think of. It used to have those occasional promotions during Diwali, Christmas or End of season sale. But now instead of those occasional sale offers, the mall has sort of become “discounted product” mall only. Just think of last 3 months – November they were having “festival special”, December they were having “Christmas / New Year Special” and now in Jan, 1st it was “26th Jan” special which got extended to “end of season sale” on 27th Jan’09. 😀 Wow every day there is a sale and most of these are not “upto 50% off”, rather “FLAT 50% or 40% off”.

Well as a consumer, it’ too good and I’m loving it but then it forces me to think, are these brands going through sales volume crisis which is forcing them to come out with such price driven promotions every day? Is it another after-effect of recession? I can understand it for few brands but almost every brand is currently running a price driven promotion including some very big names which are not so famous for their discount promotions. Even they have jumped into this price game now. One walk in any popular mall / market and you will see nothing less than a stampede of price driven promotions. As a first impression, it definitely communicates that brands / retailers are trying hard to sell the products to Indian consumers who have otherwise become conscious now of their expenses esp. in categories like luxury & entertainment. Since not many consumers are hit by recession in India as badly as in US, so expenses in necessary categories are still going on but if I think of me, my friends and acquaintances as a sample set, I definitely know that people have curtailed frequency of activities like eating out, multiplexes, impulse apparel purchase and frequent air flying. Though price driven promotions like these are good to some extent, it helps in attracting attention of consumers but do such tactical sales promotions and that too regularly really help companies in meeting their numbers? And even if they will meet their numbers, how about their P&L? And with most of the main marketing budget frozen now, do they have any other option than to do such promotions to increase footfall…Hmmm let me think and in case you have any thoughts, do share it here. In the meantime I think I should enjoy these sales and discounts before companies realize that its hitting their margins badly and decide to stop it J

Update on 30th Jan’09: Two interesting observations related to this post:

·         Yesterday I actually stopped at that mall and went to this very prominent apparel retail outlet, they were running an announcement there for promos and offers. And guess what? Despite yesterday being 29th, the promotions running were having old dates, one of the announcements sounded like, “100% money back offer! Dear shoppers, shop for X amount between 10th Jan – 26th Jan and get a gift voucher worth Rs. X back”. And no, the date was not announced by mistake, they kept on repeating the same recorded message J. The promo was still on but collateral as well as promo clip was having the last date as 26th Jan’09. Clearly communicates that they had plans to end the sale on 26th but were continuing it till now!

·         Today’s ET states – “Subhiksha is closing a significant number of its 1,600 stores across the country to cope with a cash crunch”. Very recently I read a write-up mentioning Subhiksha’s success story and while I was wondering on these price driven promotions and cash situation of the retailers, here I get to read about a situation which is self-explanatory and that too of Subhiksha! Wondering if other such announcements are also on their way?

 

IPL is back with yet another marketing gimmick

Last year we did see the birth and rise of one of the greatest marketing phenomenon in sports marketing in India, yes of course I am referring to IPL’2008. More than cricket, it was this whole business and marketing angle to it which made it so popular. Cricket combined with entertainment and that too Bollywood, what more do you need to create pull in Indian market? After all cricket and Bollywood are like two religions in India. As expected this combination of cricket and entertainment did create a huge roar in the market esp. from business and brand point of view.  And when this year IPL is back in news, it is again so with yet another marketing gimmick viz., reality show for Cheerleaders!

Watched it on television first and then read it in news that Shahrukh Khan, owner of Kolkata team Knight Riders is conducting a talent hunt show this time to find cheerleaders for his team. This reality show will be aired on NDTV Imagine and will be produced by his home production “Red Chillies Entertainment”. The program called as “Knights & Angels” will be first ever such contest in India and is open for only young girls who aspire to be cheerleaders in the second season of IPL. Well, I am confused. Do girls really aspire to be cheerleaders in life??? But on second thought when girls can compete to be the item number queen on television now, then why not a cheerleader? Personally speaking I’m all for IPL and its overall marketing angle to it, it definitely gives a different edge to sports in India, but a reality show for cheerleaders is something which didn’t go well with me. Anyways reality show is done to death now, so I don’t know if there will be any added charm for this program and most importantly how does it matter if these cheerleaders come through reality contest or through some other medium? Will it really make any difference to the team? From promotion perspective it can create some hype but let’s see if it really benefits the overall Knight Rider brand in IPL season two.

Myspace’s new marketing / engagement strategy: Black Curtain

Now this is one such marketing cum engagement initiative which I’m sure can’t be missed. Myspace has launched this initiative known as “Black Curtain India” where its Indian users get to watch new releases for free and that too before the public release of the film! The initiative starts with an exclusive screening of four golden globes winner and one of the most awaited movies of recent times – “Slumdog Millionaire” on January 23 at Fame Theatre in Mumbai. Movie screening FREE & that too of SLUMDOG MILLIONAIRE? Yet another interesting example of marketing with entertainment content. I am sure this will grab lots of eyeballs for myspace.

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All you need to do is following (as mentioned in their website, click here to visit the page):

  • Add Black Curtain India profile to your friends
  • Include Black Curtains India screening profile in your top friends
  • Print out your profile with Black Curtains India in your top friend
  • Show up at the theater with the print out

After Slumdog, Black Curtain has plans to do more free screenings like Ice Age 3, Valkyrie etc. Now this seriously sounds very tempting to me as a consumer! Even though I am not regular on Myspace but still this made me stick to their website and surf some more content on their pages today. Myspace India had already started focusing on Indian entertainment content by associating with programs like Nach Baliye but getting associated with movies and arranging free premieres like these will give them an edge now. At least they will get to see some more traffic and bit more engaged visitors. But hope they do it on a continual basis and not as one of those engagement strategies, else like many other promotional campaigns of other social networking sites, this will also act as an initiative which will lead to one time positive spike in their pageviews graph.

Movie Marketing: Chandni Chowk to China

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Co-branded ad of Thumbs Up to promote the film Chandni Chowk to China has been doing rounds on television for weeks but now they have also introduced co-branded pet bottle of Thumbs Up to create more buzz about this movie. This bottle has added to the visibility of the movie through extensive retail presence. CC2C is yet another film which has been marketed quite aggressively. According to press releases, the budget for brand tie ups and promotion of the movie is as high as Rs. 100 million which is close to Ghajini’s estimated budget of 140 million. Apart from the regular movie marketing stuffs, like communities on social networking sites, an interactive website and contests on different portals, CC2C has managed to create quite some excitement in the market through its association with popular properties like MTV Roadies, leading beverage brand Thumbs Up, airline brand Jet Airways, interesting radio contests like the one with Red FM in Mumbai (winners got the chance to fly kites with Akshay Kumar) & with Fever in Delhi (Fever had arranged for a bus where people could get on the bus and participate in the contest, the bus was having Kailash Kher, music director and lyricist of the movie, the bus finally went to studio where fans got the chance to meet Akshay Kumar and Deepika Padukone). Well, looks like this movie has managed to get a good ROI through branded association itself.

Marketing wise I think CC2C has done a good job but let’s see how the movie performs at the box office. The opening received a lukewarm response but I think it’s too early to comment on the same. I have personally not seen the movie yet so can’t comment about the movie as of now, though there are enough examples in the past to prove that like any other product, in case of movies also, just promotion can’t do anything if the end product is not right. Remember the likes of Drona or Love Story 2050 and their fate despite being heavily marketed by thier promoters???

 

Twitter launches “suggested users”

Today morning when I logged into my twitter account, I found this new tab “suggested users” in find people section. It has to be a development between yesterday to today as it was not there two days back when I had clicked “find people”. But what is interesting is that there was no formal announcement or whatsoever on twitter main page about it, quite a silent launch of a new feature from twitter! Though there are lots of external tools and apps for twitter but twitter on its own has hardly launched anything in recent times. So, when twitter launched something on its own I must say I was having somewhat high expectations from it but when I used this tool I didn’t find it much useful. In fact I can’t understand the logic of this recommendation at all. So, is twitter recommending these users to me based on my profile or my friend’s list profile or the nature of my updates? The algorithm is not at all clear. And to add to that what disappoints me further is that I am getting quite common suggestions for my both accounts – I maintain two accounts, one my personal account and second on behalf of my company where I work. There is hardly any similarity between these two accounts, neither in terms of following / follower list nor in terms of updates or profile. So, how come the users suggested are having so much similarity? So, is it just a set of some users which twitter is recommending to everybody in different permutations and combinations??? And some of the other recommendations are absolutely bizarre, have a look on the two scrnshots:

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Kingfisher Communication

I’m sure like me all of you would also have got your inboxes flooded with new year wishes. More than personal messages, it’s in fact all sorts of marketing campaigns from different services wishing new year and announcing some or other new year offer. Ah speak of that over-abuse of email marketing channel in India!!! Well, most of promotional emails went into my trash folder without even opening it…but here comes one email on my gmail id which I couldn’t help myself from opening it immediately despite knowing it very well that this one also is some marketing mailer. Reason? Well, the sender of the email is Dr. Vijay Mallya J. Now am I not supposed to click it at least once to see wht Mr. Mallya has to communicate to me? This was also just another mailer but see a small customization in terms of sender’s name did make a difference to me as a consumer. And not only me, I’m sure most of the consumers would like to click it at least once to read Mr. Mallya’s message and therefore just a bit of personalization would have led to a higher CTR than normal King club mailers. After all the sender’s name reads Dr. Vijay Mallya and from the look of it, it didn’t seem to be a virus mail. Kingfisher is really the king of communication and yea they always set some benchmark of service and communication. Check it out:

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Well, this is my last post for 2008… So, shall I also say in Mallya eshtylee – I want to personally thank all of you for your continued patronage, for reading my blog and sharing your opinions…ha ha ha, I know I know it’s getting too much, so better leave this style to Mr. Mallya. From my side, just a simple wish  – Wish all my readers and blogger friends a very happy and prosperous new year!

 

Ghajini Marketing Contd…

I had earlier written about some interesting Ghajini marketing strategies and a spoof on Ghajini, but got to notice some other interesting stuffs about Ghajini on digital medium in last one week and from whatever I have observed, one thing is clear that their marketing agency has definitely tried quite some different online marketing strategies for promoting this movie. Here are some of those which I noticed recently:

  • Now having a movie website is quite common these days, but in case of Ghajini, not one or two rather three websites were launched – www.rememberghajini.com , www.findghajini.com & www.wallofsuspects.com. While the 1st one is the official website of the film, 2nd and 3rd links are quite interesting properties around the movie which surely raises curiosity and creates excitement amongst the users over the story of the movie. Do try out and you will yourself feel the same 🙂

  • Speak of any entertainment portal and it is running some or other contest, now again movie contests like these are not new but what I noticed different was the one running on Business of Cinema. This contest is a kind of post-release contest and asks for feedback about the movie and lucky winners get a chance to meet Aamir Khan.

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  • 3D game CDS were launched based on Ghajini theme and in fact Indyarocks was running a contest where the winners were to get these 3D game CDs.

  • Aamir’s own website is totally donned in Ghajini look since long and as Aamir is quite active on his blog personally, he has written some posts on Ghajini and his feelings around the release of the movie. Can you guess the number of comments on his recent post titled – Yes Ghajini is Releasing??? Its only 3588 as I’m typing this blog 🙂

  • Now this one is not a digital promotion but still I think I need to mention this – other day we went to this mall near our house and we were looking for some tie to be gifted to one of our close friends. The moment we entered Van Heusen shop all we could see was Aamir Khan and his Ghajini collection. All the ties on display were branded as “Ghajini special collection” and their normal collection hardly had anything. Well, I must say the brand was totally Ghajinifioed. In fact it’s not only Van Heusen, but Samsung and Tata Sky as well who are associated with Ghajini promotion because of their pre-association with Aamir Khan.

I am yet to see the film but the promotion of it has definitely created a stir in the market.


Gajodhar: New viral campaign

Got a mailer from Makemytrip with subject – Worldwide premier of Gajodhar…before time! The first look itself gave a very clear impression that it is some spoof on much-awaited movie Ghajini. Watched the film and found it to be funny! It’s a viral campaign of www.oktatabyebye.com (travel community of Makemytrip) and as most of the other virals of Makemytrip, this also is done by Webchutney.

 

The film shows a character Gajodhar who is out on a holiday and has a very different rather weird way of noting down all his experiences. Whatever he experiences like “room achcha hai”, “food is good” etc. he gets those tattooed on his body in a nearby tattoo shop. At the end of his holiday, he comes back and copies all those experiences on www.oktatabyebye.com. I liked it but honestly speaking didn’t like it as much as other viral campaigns of Webchutney. Well, maybe my expectation bar has been raised a lot as far as funny viral films from Webchutney are concerned. No, it’s not bad but found it to be bit dragging and elements to be repetitive.  But what is good about this viral is the timing (well what you can call as chance pe dance karna J) – currently everybody is caught with this Ghajini fever and hence this whole Ghajini look and feel and spoof on tattoo will definitely raise some curiosity and garb attention of viewers. Secondly it’s a holiday season and considering Oktatabybye is not that popular till now, I think it’s really good to be reminded of such site during this holiday season. Anyways many people write about their travel experiences in blogs, travelogues etc., and if told about a dedicated travel community portal in an interesting way along with a review writing contest announcement wherein one can win vouchers, cameras etc, I’m sure people would like to explore the portal further. I think this viral will work for the portal in getting some more eyeballs.

 

In case you have not seen it till now, you can click on the following image to have a look:

 

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IDEA – for the people, by the people!

Logged in to Yahoo India today and got to see this splash banner of Idea.

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Well, personally I have always liked the advertisements of idea esp. the television commercials. Though the ideas shown in the commercials are not always practical or implementable one but then too those commercials leave a sweet smile on your face with a thought, “oh how wonderful it would have been if this idea was implementable”. For e.g., that school kids of village learning through phone or the village kid giving the road direction to a gentleman in a very fluent English. Yes, some of the commercials show those ideas which if possible to implement could have really changed lives. So, considering my liking for Idea ads, it was quite natural for me to click this very prominent online Idea ad and to my pleasant surprise it took me to a site http://www.bythepeople.in .

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The first look gave an impression of it being a web extension of their recent television campaign wherein politician seeks opinion of the people on some important projects through phone. And yeah I was right, it’s actually a site by Idea wherein people can submit their opinions on any public issue. The site emphasizes on public opinions and importance of participative decisions. As of now it’s just having one page which asks to vote in favor or against of participative decision and a text box asking to submit topic on which one would like to have opinion and on submitting your vote, it shows the result statistics. Well, personally speaking I liked the concept of this website. Though it’s not something absolutely new as there are some other Indian portals as well which are revolving around some or other important social awareness campaign but still the whole idea of raising public opinion on important topics through online voting system seems to be a good idea and if used properly it can be mutually beneficial for the brand hosting it as well as for general public. The portal is quite new as of now, maybe they have plans to introduce some more stuffs in future but I do think that this website is lacking certain critical info currently, for e.g., what will happen once I submit my vote on any important topic? What is Idea going to do with those public opinions? Are they going to submit it to concerned authorities or are they going to take some initiatives based on those opinions? I’m not sure if taking certain initiatives will fall under their responsibility limits but they should at least tell people why and what of this portal and the overall basis of initiating this opinion portal. If they do so, it will surely help them in differentiating from any current existing poll properties like TOI poll etc, polls like TOI merely act as indicator of certain statistics like X % said yes and Y % said no. The title of the page reads – “for the people, by the people”, I wish it really turns out to be so 🙂

Ghajini Marketing: Employees go bald!

While I was anyways impressed with these interesting collaterals of Rab Ne Bana Di Jodi in multiplexes, I get to hear of this another very different kind of promotion campaign of Aamir Khan’s upcoming movie Ghajini. Now first speaking of this Rab Ne Bana Di Jodi collateral which I noticed in a popular retail outlet in the form of a table top followed by a theater in the form of a long standee where I went to watch this movie, it was having a very fascinating dual visual effect. Same standee was showing two different forms of Shahrukh and Anushka if seen from two different angles – one was showing him in his common man avtaar and the next angle was showing him in his hip and cool avtaar. Quite interesting and attention grabbing! Wish I could have taken a picture of the same.

 

But I think what Ghajini has done is far more catchy and really unique in terms of promotion strategy. Ghajini promoters have tied up with leading multiplexes in Mumbai where multiplex staffs have volunteered to sport the famous Ghajini hairstyle from 9th Dec – 25th Dec’08. Well, actually they have gone bald like Aamir, so I am not sure how they are saying that this promotion is valid only till 25th Dec’08. I think it has to be valid till they don’t get their hair back…LOL, isn’t it? Can you imagine everybody i.e., right from administrative and refreshment counter staffs to ushers being bald at the same time??? Have a look on this pic and for more such pics check out this NDTV photo gallery.

 

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I must say I found this promotion to be quite interesting and very hatke! At least I had not heard of this kind of thing before in Bollywood. Looks like Ghajini is not leaving any stone unturned for competing against the big releases like RNBDJ and Jumbo. Though jumbo is a movie of very different genre but RNBDJ is definitely having SRK and when it’s a competition between SRK & Aamir…well the whole world knows how and what it is J. Promotion wise definitely Ghajini is standing out more, but let’s see who stands out more at BO finally?