mba handbook vii
TRANSCRIPT
MBA Handbook-VII
How Sensodyne create a Niche Market in India
(Sensodyne raised awareness about tooth sensitivity in India & its treatment creating a breakthrough brand in the process)
In 2010,GlaxoSmithKline launched
their brand Sensodyne in
India when the Indian
toothpaste market was at a
basic benefit level where brands were focusing in 3
benefits;-Freshness
-Cavity Protection-Germ Kill
Sensodyne was the first to
identify the gap between the existence of
tooth sensitivity & awareness
about the condition & its solution. Hence
Sensodyne focused on educating Indians
Sensodyne’s strategy on educating Indians on sensitivity-Case Study
ResultsA key success
indicator was the significant rise in India’s sensitivity awareness index to global levels moving from 17%(2010) to
32%(2013).The brand aims to
grow the category by touching more
lives through consistent education
Sensodyne’s vision
To create a future where every life is
sensitivity-free
When engaged in a conversation,
people recalled that they had
experienced short, sharp, sensations
earlier too but had never taken them
seriously
1.Chill TestsChill test were
conducted at various high-footfall areas
asking people to drink cold water. This test made people realize
that they unknowingly suffered from teeth sensitivity which
prevented them from enjoying some food &
drinks
2.Engagement with Dentist community in
IndiaSensodyne adopted a
long-term engagement wherein its
representatives visited the dentists more
frequently & engaged them more closely
YES Bank offers “SMART Box”
solution for e-commerce deliveries
E-Commerce players bleed money more in logistics than in the fabulous discounts they offer on various products.
Track a delivery boy who begins the day with about 30 consignments to be delivered. Given the traffic conditions & deplorable roads across most Indian metros that seems a stiff target. Also jams occur even while waiting for elevators to
reach so many high-rise offices
A Simple solutionWhere your package is delivered to a pre-designated pickup
spot, close to your residence/office where you can go & pickup your package at your convenience after swiping your
card paying the necessary amount. YES Bank is in the process of doing precisely that in tandem with some e-commerce
players
The solution YES Bank has come-up with is “SMART Box”-10 by 3 feet box with about 52 compartments/lockers of
various sizes in which the parcels will be deposited. An SMS giving you the access code will be sent to your mobile. After
swiping your card at the PoS(Point-Of-Sale)machine kept neat the SMART Box & making the payment, the designated
compartment will open automatically & you can pick your baggage
YES Bank has deployed about 12 such boxes & POS Machines in DRMC Delhi & hopes to add another 125 by June 2016.The bank plans to roll these out across other metros & have about 1,000 such boxes across the country within a year
Whenever, you order your consignment, your e-commerce marketplace(Ex: Flipkart, Snapdeal or Amazon)will prompt you by saying , “By the way there is a SMART Box located nearby based on your pin code. Would you like to opt for delivery there”?If you agree, the logistics guy will deliver it there (where it will remain for three days)& you will get an SMS Alert & an One-Time Password(OTP) to access the SMART Box
This solution is a win-win situation as the deliveries can now be made even at night. Also customers need no longer experience the anxiety or guilt of missing the delivery boyThe solution is being piloted with a couple of small websites & has started seeing success & big e-commerce entities are expected to join in soon
Pilot project in DELHI(DRMC)
India’s most influential Brands-2015(A study by Ipsos-A Global Market Research Company)
Rank1
Rank2
Rank3
Rank4
Rank5
Rank6
Rank7
Rank8
Rank9
Rank10
Research methodology
The study was conducted by Ipsos across 21 countries & involved 36,600 interviews
In India where the study was conducted for the first time,
1,000 respondents ere interviewed online
The study has the following goals;-To define & measure influence-To rank brands according to their influence within each country-Rank brands according to their influence globally & identify what factors explain or drive the current level of influence for each of the brands at the country level & at the global level
The study uses a dichotomous scale-answer to each question is either a yes or a no-fully 5 point scales would be too onerous on
respondents
A factor analysis was conducted using the 57 statements in the questionnaire & a total of 6 factors were revealed from this analysis. One of these factors contained 11 statements & was clearly the “Influence Factor”The 5 remaining factors were used as candidates to help explain “what makes each brand influential”. These 5 factors are;-Leading Edge-Corporate Citizenship-Trustworthiness-Presence-Engagement
The most influential brands are important & relevant in the world.
Consumers identify with these brands & have an emotional relationship with them. They couldn’t imagine
their lives without them
A Across the world Influence means different things to
different people.In Delhi,
influence means something that could get you up & close with those in the corridors of power
In Mumbai,it could mean something that can get you a college seat or even a
railway berth
The most Influential brands study evaluated 100+ brands that spend
the most on advertising & have high brand equity,
involvement & influence
How did IPSOS measure Influence?The simple meaning this
word “Influence” is having an impact on
people’s lives.(a)There is a tremendous degree of trust in these
brands .(b)Influential brands have aspirational qualities-they offer a gateway to a better,
more interesting life by giving people tools to
make smart choices
Trustworthiness
Truest s the cornerstone of
any great relationship.
People use, rely & believe in
themLeading edge
Influential brands zig when all others zag.
They are iconic, edgy,
unconventional, innovative &
uniquePresenceTo be influential, you have to be seen, heard & known. That
means being out there and or
inspiring an army of advocates to do
the job for you. This is where the biggest, boldest &
paid marketing efforts get to
work- promotion, placement &
people
Corporate Citizenship
People expect brands to make a difference to the community.
Some of the brands that rank
as most influential are committed to dong the tight
thing
Engaging with customersThis means
connecting & interacting with
the brand in more ways than
just point-of-sale
5 Dimensions contributing Influence
Anup George RebelloManager
The Catholic Syrian Bank Ltd([email protected])
http://www.slideshare.net/anuppresentations