brand equity 0f fm
TRANSCRIPT
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BRAND EQUITY
OF FM RADIO BRANDS
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INTRODUCTION
Began Operation in 1993 as TIMES FM.
Owned by ENTERTAINMENT NETWORK INDIA
LTD.(ENIL). Promoted by BENNETT ,COLEMAN & CO.
LTD(BCCL).
Largest PRIVATE FM RADIO OPERATOR inINDIA with presence in more than 25 CITIES
across INDIA.
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Kevin Keller Model of BRAND EQUITY
RESONANCE
JUDGEMENT
FEELING
PERFORMANCE
IMAGERY
SALIENCY
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Music
Music
Relaxation
Fun
Information
Entertainment
Time pass
No tension
Radio Jockeys
Stress buster
Peaceful atmosphere
Good songs
No loneliness
Good friend
Spontaneous associations with Radio Mirchi
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SALIENCY
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College/friends/courses Friends Family
6 a.m 10 a.m 2-3 p.m 5 p.m 8 p.m 10 p.m8 a.m
In the
background
SelfSelf
On
route
Post
return
In
Back-
groundOut of home activity. Family
6 a.m 9
a.m
7-8 p.m 10 p.m10
a.m
Self
(especially ifunmarried)
On
the
road
On
the
road
In thebackground
Self +
kids Family
6 a.m 10 a.m 1 p.m 5 p.m 8 p.m 10 p.m6 p.m
Self +
hubbySelf
SelfSelf
How people use radio - weekdays
RADIO:Part of daily routine
Background, non-intrusive
Companion whilst alone
Indulgence for self
RADIO:
Time pass
Private moments
Energising, pep
RADIO:
Energising, off-set stress
Unwinding
Fill monotonous journey
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Radio Mirchi FM radio stations are located in
diverse regionsin Indiait's beensuccessful in
attracting local audiencesin each ofthese
markets. Thisis largely due to asuperior
understanding ofaudience preferences,
which enablesitto provide content
customized to the taste, language and cultureofthe local audience
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Performance
The research reveals that Radio Mirchi enjoys the highest"loyalty" among its listeners.
Radio Mirchi has partnered with VIBGYOR 2008 (collegefest of International School of Business and Media).
Also with BLITZKRIEG 2008 (ICFAI Business School),COBWEB 2008 (college fest of LHMC) and SPANDAN 2008(college fest of Vivekananda College).
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IMAGERY
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Strong imagerythat of spicy, young and
dynamic
Well known RJs and programmes
strong relationship with the listeners as
empathetic,friendlyand person-next doorwith persona as fun,lively,youthful,
smartand cool
Plays music resonating with younggeneration
Sunshine radio channel.
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FEELING
Give listeners a PLATFORM to raise their
VOICE.
Spreading awareness during ELECTION TIME Motivating listeners to GO OUT AND VOTE.
Showing responsibility during 2005 MUMBAI
FLOODS. Social causes..
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JUDGEMENT
RJS popularity is a reason.
Special programs focusing on the different
situations of peoples life. Promotion of RJS through billboards and
banners.
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Areas of Improvement
BRAND IDENTITY AND BRAND POSITIONING-
RADIO MIRCHI AS A PRODUCT
(LESS DIFFERENTIATION IN COMPARISON WITH OTHERFM RADIO CHANNELS).
NEEDS GREATER BRAND AWARENESS AND GREATER
PENETRATION IN RURAL MARKETS.
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Presented by
Pallavi pant.
Khushbu kumari sinha
Indu rawatViplov rana.
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THANK YOU