p & b mgmt final
TRANSCRIPT
-
8/8/2019 P & B MGMT FINAL
1/19
BRANDING OF
nothing like anything
ISSUE:- Branding of low price range mobile
handset
-
8/8/2019 P & B MGMT FINAL
2/19
Group Members
Rajesh More
Dhananjay Nikam
Urvi Dani
Manasi Sohani
Mangesh Nimbalkar
Amar Kondekar
-
8/8/2019 P & B MGMT FINAL
3/19
INDIAN MOBILE HANDSET
INDUSTRY
Fastest growing markets in Asia and India
India has emerged as the second largest mobile handset market in the
world
In India mobile market can be divided in two parts:-
1) EMERGING MARKET
2) MATURE MARKET
It is projected that India will have 1.159 billion mobile subscribers by
2013..at present it is 670.60 million
Mobile handset market registers 6.3% QoQ growth
-
8/8/2019 P & B MGMT FINAL
4/19
Contd
Mobile device sales in India
YEAR GROWTH
2009 117 million units
2010 138.6 million units
2014 206 million units Mobile penetration in INDIA
2009: 44.5% 2010:55.9%
Growth drivers:
- Crashing handset prices -Lowest tarrifs- Unsaturated rural market -Introduction of 3G
- High Disposable Income - More features @ lower
- Mobility and Connectivity cost
-
8/8/2019 P & B MGMT FINAL
5/19
PLAYERS IN INDIA HANDSET
INDUSTRY
37%
8%
5%6%4%
3%3%
1%
1%
1%
1%
30%
MARKET SHARE (%)
NOKIA
SAMSUNG
G'FIVE
MICROMAXSPICE
SONY
KARBONN
LAVA
LEMON
MAXX
LG
O ERS
O AL
-
8/8/2019 P & B MGMT FINAL
6/19
Dual sim mobiles phones contributes about 38.5% of
total mobile market
Total of 35 brands in the Indian market currently.
-
8/8/2019 P & B MGMT FINAL
7/19
About
Micromax
Entered into the Indian mobile handset
market in India in March 2008
Largest Indian domestic mobile
handsets company
The fastest growing among India's topfive mobile brands
Enabled to develop several new product
categories
First mobile handset co. to provide
operator branded 3G mobile handset co.
-
8/8/2019 P & B MGMT FINAL
8/19
Handset Vendors: Marketshare (5) Gains & Losses
2008-09 2009-10 Gain
Nokia 64.0 52.2 -11.8Samsung 10.0 17.4 7.4
LG 4.5 5.9 1.4
Mircromax NA 4.1 4.1
Spice Mobile 2.0 3.9 1.9
Karbonn NA 3.0 3.0
ZTE 5.6 1.9 -3.7
Huawei 1.3 1.7 0.4
Motorola 3.5 1.0 -2.5
Sony Ericson 6.0 3.0 -3.0
Top 20 Indian Biotech firms 2009-10: BioSpectrum-ABLE study
-
8/8/2019 P & B MGMT FINAL
9/19
Challenges for branding in mobile
handset industry
Rapid changes in technology
It is Commodized business
Providing after sales service to huge market base
Huge expenses
Perception of the people
Widespread piracy & copyright infringement
-
8/8/2019 P & B MGMT FINAL
10/19
-
8/8/2019 P & B MGMT FINAL
11/19
MICROMAX MOBILE STRATEGIES
FOR BRANDING
(A) PRODUCT DIFFERENTIATION:
1. Handsets with 30 days battery backup
2. Handsets with Dual SIM / Dual Standby
3. Handsets Switching Networks (GSM - CDMA) using
gravity sensors
4. Aspiration Qwerty Keypad Handsets
5. Operator Branded 3G Handsets
6. OMH CDMA Handsets, etc.
-
8/8/2019 P & B MGMT FINAL
12/19
CONTD(2) Image Differentiation:
Entry-level and mid-segment handsets priced between
Rs1,800 and Rs2,400
From Rural to the Urban grounds
-
8/8/2019 P & B MGMT FINAL
13/19
CONTD (3) ChannelDifferentiation:-
Invested Rs100 crore to set up a
plant in Baddi in Himachal Pradesh
Currently present in more than
40,000 stores across the country
Aggressive market incursion to reach
out to its customers through 70,000
operational stores in the coming year
Dealers pay in advance by offering
them more margins
-
8/8/2019 P & B MGMT FINAL
14/19
CONTD (4) PROMOTIONAL MIX:-
Akshay Kumar -brand ambassador
Tagline Nothing Like anything "
Tied up some pretty big brands like
Yamaha & X306
Micromax Fly to Brazil contest
ADVERTISING
---Agency: - Lowe Lintas
-
8/8/2019 P & B MGMT FINAL
15/19
CONTD..
(5) AGGRESSIVE MARKETING STRATEGIES:-Alliance with BSNL
Micromax-Housefull tie-up
SEGMENTATION OF MERKET :
-Rural sector
-Urban youth (18-27year)
-The high profile users
-
8/8/2019 P & B MGMT FINAL
16/19
Distribution network comprising of
34 super distributors,
450 distributors and
around 55,000 retailers.
-
8/8/2019 P & B MGMT FINAL
17/19
Hatke strategies of Micromax
We are Sorry campaign creates negative Brand
Association
Innovation is the key for Micromax mobile phones
-
8/8/2019 P & B MGMT FINAL
18/19
Recommendations First go low, then go high
Niche brand strategy-gamolution
Low cost promotional strategies
- public display
- media coverage
- word-of-mouth
Provide brand experience
-
8/8/2019 P & B MGMT FINAL
19/19
Contd. Internet main branding channel
Concentrate on the need of the people
Smart distribution work