presentation of product & brand management

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    PRESENTED BY:-

    DHARMVEER BANSALHRISHIKESH DHAR

    JAIPARKASH KESHRI

    JITENDER KUMARKHUSBOO ROY

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    What does Google think about its brand..?

    The first thing they think about is their product andabout what's best for the user.

    Secondly they are one of the best companies in terms of

    innovation but most importantly they way they are

    organized is something which lays down a strong

    foundation.

    Creating new products has always been their first

    priority

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    Making the consumer to feel a sense of ownership

    towards the brand is a process that Google continuously

    works upon to brand itself.

    For e.g to establish itself in Europe, it launch a campaign

    doodle-for-Google. They approached around 8000 schools

    to design a concept for their logo. .

    They had 180,000 students participate and the concept

    which got the maximum votes was selected. The no. of

    votes ranged in millions

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    It also does a lot of co marketing. For it has partnered

    with DELL&PALM.

    It is involved into a lot of direct marketing.

    It is into tons of advertisements but on their own

    networks.

    They are the biggest users of their products.

    They run ads on all their properties

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    Googles few innovative branding techniques.

    They are too keen on market research. Google's initial success wasdriven by technology, innovation and the drive of two brilliant

    founders. Great brands usually begin with personal inspiration and

    only later worry about the satisfaction of others.

    For Google branding is about change, not consistency. From itssparse home page to a logo that adapts to reflect world events,

    Google broke the traditional rules of branding to deliver on its

    promise to consumers..

    Build the brand on the inside with a strong employer brand. Googlehas consistently ranked as one of the top employers in the world

    because it applies its brand positioning to how it recruits,

    remunerates and motivates its people

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    According to Google most of their future business will come from

    brand extensions. Google looked at long-established brands andrealized early on that today's unlikely brand extensions are

    tomorrow's cash cows. It has been actively creating extensions,

    from Google Mail to Google Maps, to ensure that, while search is

    its origin, it is far from being its only future

    Build the brand on the inside with a strong employer brand.

    Google has consistently ranked as one of the top employers in theworld because it applies its brand positioning to how it recruits,

    remunerates and motivates its people

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    About LG

    The company was originally established in 1958 as Gold Star,

    producing radios, TVs, refrigerators, washing machines, and air

    conditioners. The LG Group was a merger of two Korean companies,

    Lucky and Gold Star, from which the abbreviation ofLGwas derived.

    LG Electronics, is a global leader and technology innovator inconsumer electronics, mobile communications and home

    appliances, employing more than 80,000 people working in over

    115 operations around the world.

    LG strives to enhance its customers life and lifestyle with intelligent

    product features, intuitive functionality, and exceptional

    performance.

    Brand Ambassador: Akshay Kumar

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    Brand Elements.

    LG is the brand that is delightfully smart.

    The brand is comprised of five basic elements: Logo, Slogan,values, innovation, people (customers), and passion".

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    Conti

    Logo: The letters L and G in a circle symbolize the world, future, youth,humanity, and technology. Their philosophy is based on Humanity. Also, itrepresents LGs efforts to keep close relationships with their customersaround the world.

    The symbol consists of two elements: the LG logo in LG Gray and thestylized image of a human face in the unique LG Red color. Red, the maincolor, represents our friendliness, and also gives a strong impression ofLGs commitment to deliver the best. Therefore, the shape or the color ofthis symbol must never be changed.

    Face: The stylized image of a smiling face is meant to convey company

    friendliness and approachability. That the portrait is one-eyed conveysLGs profile as goal-oriented, focused, and confident.

    Circle: The circle represents the globe, symbolizing the world and all ofhumanity, as well as youth and the future

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    Conti

    Colors: LG Red, the main color, symbolizes

    friendliness, and is also meant to convey LGs

    commitment to delivering the best. LG Gray

    represents technology and reliability.

    URLs: www.lgelectronics.com

    Slogan: Life's Good

    Values: LG says we are honest and responsible. Wealways keep the promises we make to our customers

    in our bid to become the worlds most trusted brand.

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    Positioning

    Unique industry-leading products: Positioning LG as apremium brand starts with their technological andproduct leadership. Unique industry-leading products,such as the first plasma and LCD HDTVs with build-inDVRs (digital video recorders), capitalize on LG's globalleader.

    LGs broad technology base: Because of LGs broadtechnology base, LG Electronics is well-positioned to

    drive the convergence market, whether it's a mobilephone for streaming video, a high-end refrigerator withan LCD TV in the door, or combination plasma screensand DVRs.

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    Conti

    Combined Factories: Because of its, own plasma plants andthe LG-Philips LCD factories combined, LG is the world'slargest producer of flat-panel displays. This means they canleverage their manufacturing expertise and efficiency by

    creating new, innovative products that have outstandingperformance

    cosmetic product design: Additionally, cosmetic productdesign has become a critical success factor in today's market.The new generation of flat-panel TVs is a perfect example.

    These sets are often mounted on walls where they becomepart of the dcor, which means the TV needs to lookbeautiful, even when turned off.

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    Brand Building Strategy

    Corporate Social Responsibility (CSR): LG believe that a

    definite corporate social responsibility(CSR) plan, an integral

    part of an organization's brand building strategy and it also

    helps to enhance the organization's credibility, attract

    potential investors and clients and employ the best of

    industry talent. Some of the CSR activities of LG are as follows:

    a) The company has been actively involved in providing social

    benefits to the disadvantaged sections of the society.

    b) They have also focused plan for providing health services to

    the under privileged children, undertake animal health care

    and enhance professional skills of the unemployed youth.

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    Conti

    c) LG India has worked jointly with Prayas, a Delhi-based NGO

    by undertaking campaigns / activities for the welfare.

    d) underprivileged street and slum children and providing them

    services in the field of education, health care, shelter,vocational training and other rehabilitation programmes.

    Strategic Alliances: LG Electronics is making technology

    advances and identifying business opportunities through

    various partnerships relationships with some of the world's

    leading companies for making its brand famous.

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    ABOUT

    Micromax, the mobile handset brand from Gurgaon-

    basedMicromax Informatics Ltd.

    Micromax is one of the leadingIndian TelecomCompanies with 23 domestic offices across the country

    and international offices in Hong Kong, USA, Dubai and

    now in Nepal.

    Vikas Jain startedMicromax in 1999 along with RajeshAgarwal as managing director, Rahul Sharma as

    executive director and Sumeet Kumar as the chief

    technology officer

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    Brand names and URLs

    www.micromaxinfo.com Logos and symbols

    Slogans and jinglesNothing like anything

    "boring is out"

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    Brand positioning

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    What is.

    In marketing positioning has come to mean the

    process by which marketers try to create an image or

    identity in the minds of their target market for its

    product, brand, or organization

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    positioning

    It has roped in actor Akshay Kumar as a brand

    ambassador.

    Twinkle Khanna was engaged to promote Micromax's

    bling phone.

    Micromax, has taken up the title sponsorship for theentire Indian cricketing season from May 2010.

    Video1-2

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    Cricket promotions will prove to be a great platform

    to reach out to the audience and give the brand an

    opportunity to bond with the youth.

    Handsets with a 30-day battery back-up - this was an

    important advantage in rural areas where charging amobile phone was a problem.

    video2

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    Brand building & strategies

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    FORBRAND BUILDING

    Micromax is sponsoring the entire Indian cricketing

    season from May 2010.

    The core TG is youth. Their passion points are Sports

    (especially Cricket & Soccer), movies and music.Therefore, micromax extremely committed towards

    sports.

    Association with Soccer as well, during the Fifa

    World Cup.

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    There have been innovative co-branding deals with

    MTV

    which have helped give the brand a huge pushin the youth market.

    Online activities have contributed in the increase of

    the online buzz and brand searches.

    TodayMicromax has become a brand which people

    relate and look up to for realizing their individualdevice preferences and other out-of-the-box solutions.

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    STRATEGIES

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    strategy

    Micromax has a lot of firsts to its credit in

    their product portfolio.

    It was the first to introduce:

    Handsets with 30 days battery backup(Micromax X1i), Handsets with Dual SIM / Dual Standby,

    Handsets Switching Networks (GSM CDMA) using

    gravity sensors

    Aspirational Qwerty Keypad Handsets

    OperatorBranded 3G Handsets

    OMH CDMA Handsets, etc.

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    Thrust on Dual SIM Phones

    Of the 26 models that MICROMAX have in the market rightnow, 23 are dual-SIM handsets.

    AggressiveMarketing

    The company went for aggressive marketing sponsored manycricketing events and allocated the budget of Rs.100 crore for ATL &BTL activities. Recently company roped in Bollywood Actor AkshayKumar as Brand Ambassador

    Feature Rich phones at affordable price

    India is a price sensitive market and people aspire to have feature richproducts at low price. Micromax made it possible

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    Micromax is riding on unique marketing and

    branding strategies highlighting the product lineage,which is not just innovative, but appealing too, and

    promises to offer a value-for-money experience

    video3

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    MARKET SHARE OF

    MICR

    OMAX

    nokia

    53%

    samsung

    10%

    micromax

    8%

    others

    24%

    LG

    5%

    OVERALL MARKET SHARE

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