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Topic : Importance of Indian Homegrown brands
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Marketing & Branding

 
Activity:  645 views;  last activity : 12 10 2010 10:31:48 +0000
 
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Brand Vs Product
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Top Argument
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Brand because a product is only as good as its brand. Most people when they are looking out for something they need to buy go for a particular brand only be it the shoes,sandals,trousers or anything.Right from bata,adidas to blackberry,apple itz only the brand which rules the market. It takes a product years to meet the requirement of common man and capture the market.


By Rahul Kumar Rai, I.T Consultant, Bennett, Coleman & Co. (The Times Of India Group)  09 27 2010 10:45:53 +0000
 
Top Argument
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If it is about India, earlier people had not much of a choice regarding purchases. Later not many people actually knew what choices they had. Now, the choice is so vast that people may know what to buy but some times go crazy from where(which brand) to buy the same product. Today what matters is the awareness. If the customer knows that the product actually is of good quality, of an affordable price, and service claims are trustworthy the customer is buying the product from any brand or a brand house. For example, the Future group sells at their Big bazaars a variety of products from so many brands. People still buy them. On the other hand products which are supposed to be of good quality from Computer hardware giants are not actually fulfilling the customer expectations. I don't want to take names here but I purchased a laptop which ran back to the store right after one month of purchase. And it is from a very good brand. So, in my case the next time I want to purchase the same product, I may not approach the same brand and would definitely make a survey of the products not the brands... So for people like me, product is more than the Brand. So, I can not be Brand loyal because of the performance of certain products of those brands rather love the product for its service or hate it for the same.

Thank you.


By V B Sree Krishna Dutta, Content publishing, Deloitte Touche Tohmatsu  09 23 2010 08:59:39 +0000
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Mr.Sunit Roy's Argument was bulls eye.

Lets keep the commodities out in discussion.Not all the products make a behavioural change in us.( Only few).Even such proucts require branding to create a category.Since majority of products do not make a behavioural change in us and the differentiation is becoming less and less between products,there comes the branding.

Next is the CHOICE.Pls ref the "Paradox of Choices" by Seth Godin.Our Brain is wired to notice quickly only the differences.So any brand which projects the value of the product and at what context the brand is built will surely kick off a procuct to heights.And most likely the perception of the customer will be good.

Though the preference req from a product and type of tribes may vary amoung the contries/culture,the above said facts about branding even to less differentiated product is a universal truth.

 


By Suresh.D , Sales, Pharma  | 10 30 2010 05:17:30 +0000
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without quality no one survive in market for longer time&at last those one is leader whose quality along with consistency alsoafter sale service.
By NITESH KUMAR, Cards-Sales Officer/Executive, raja spices&food products  | 10 28 2010 09:15:57 +0000
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not only in india through out the world everyone wants a qualititative product and brand value to certain extent. and finally quality is wat we r looking today and tomorrow.
By Ravanam naga durgesh, Junior engineer, Ericsson  | 10 26 2010 16:13:03 +0000
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if we are talking about the general customer then no matter they are from india or outside india most of customer trust on brand and they compromise with brand only when they didnt have enough money to pay for the brand.
By Nitin Mehra, Software Developer, ROBOMAN MICROSYSTEMS  | 10 26 2010 03:44:19 +0000
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Brands meet emotional needs. Products meet rational needs.

Almost everyone "rationalises" the products they buy.

Even Sree Krishna Dutta (the Top Argument for "product") admits that the Big Bazaar brand gives people the assurance of the quality of products they are buying.

It's also quite obvious that products that fail damage the brand name that they use.

Just because a name spends money on advertising does not make it a brand. It just makes it well-known. Not well trusted.

Consumers who recommend a product form a particular source to others, makes that product a brand.

Consumers also have the power to make brand fail. By bad mouthing it.

It's this "accountability" that comes with brands that makes brands more important than "unidentifiable products" for a growing economy like India.


By Sumit Roy, Founder Director, www.univbrands.com  | 10 09 2010 03:01:19 +0000
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A value proposition in the product what gets customer acceptance when it is launched and continued customer satisfaction is what gets repeat business and that is here value built around the brand gets easy recall and making the customer keep buying the same product.
By dommaraju krishnamaraju, CEO/MD/Director, wine legendIndia pvt ltd  | 09 28 2010 13:49:08 +0000
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Brand itself is a Product and sometimes synonymus; Bisleri, Cadbury, Dettol etc. Its the product we use , then appreciate the quality or not.But Brand is an easy tool. "More literacy = less Brand loyalty " , can we say this? 


By Sikharesh Saha, Sales & BD head (http://www.brijj.com/sikharesh-saha), SFPL, Kolkata (MONGINIS)  | 09 28 2010 11:04:53 +0000
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quality, after sale services creates goodwill ultimately the brand


By Mahendra Raval, Freelancer, Freelancer  | 09 27 2010 11:35:40 +0000
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brand includes assuarnces


By Mahendra Raval, Freelancer, Freelancer  | 09 27 2010 11:32:35 +0000
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definitely a brand..see the Indian buyers go for that product which has some market value..because he knows a successful brand will give good and trustworthy results.


By kamakshi dubey, MBA/PGDM student, institute of management studies, davv  | 09 27 2010 05:24:44 +0000
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For a buyer forever trying, to impress others Brand is more important especially if resource constraint is absent.

Thanks Sujata 


By Ravindra Sharma, Managing Consultant, CHEF-India  | 09 27 2010 04:59:55 +0000
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  • A bad product can turnish a Brand but only one successful product can't create a Brand.
  • Good Brand sometimes introduce bad products, but good product rarely introduced by unsuccesful brand

By Sikharesh Saha, Sales & BD head (http://www.brijj.com/sikharesh-saha), SFPL, Kolkata (MONGINIS)  | 09 24 2010 10:28:01 +0000
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continuous improvement.......


By sanjay kumar mangal, IT , TATA Group Co.  | 09 23 2010 17:54:52 +0000
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Actually,to any purchases whether it's may be in category of FMCG,Industrial,or Services-sector, brand is Important,therefore, to purchase  any product need a Brand , behind the brand Trust,Quality and assurance every thing offer to the enduser,therefore Brand is Important 


By R.Saseenthren , Freelancer, FMCG/Foods/Beverage  | 09 23 2010 17:48:32 +0000
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Obviously people Nowadays are obsessed more with brand thing than with anyother.As it directly associates one with the status of the person which iis not correct.
By Rahul Kumar Rai, I.T Consultant, Bennett, Coleman & Co. (The Times Of India Group)  | 09 23 2010 08:42:04 +0000
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Basic principle of product amrketing..........create a successful product for it to become a master  brand of the future...........chip of the same block.

apple to apple you cannot seperate the 2.

Yeah you want to support one against the other for debate sake.....ask yourself

some prefer to be a leader  than a follower

some like to be a follower to become a good leader..

So a good product has to go thru a grind to become a Brand

The logical question is to ask is

What does it take to remain a brand ?????????

ANYBODY INTERESTED TO ANSWER THIS ONE

Sanjay singhal


By sanjaysinghal , propreitor, charmsincorporate  | 09 23 2010 08:23:32 +0000
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Brand !!! 

Goods brands always produce better products.  


By Sujata Sharma, Marketing Manager, Ibd India Pvt. Ltd.  | 09 23 2010 07:24:07 +0000
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what is the end use of brand we r going to use d product only@ end of d day but brand also has its own place
By vimaljain , Business Content Developer, astalakhsmirealestates pltd  | 09 22 2010 10:57:12 +0000
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Product is important than brand & the best example is Pulsar as product under Bajaj brand or failure of unicorn, the product under Honda brand.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 12 10 2010 10:31:48 +0000
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A Good Product with Proper Service. Indian buyer is enthusiastic to take challenges & to purchase the new products (e.g. mobile handsets).

After all Brands are made by people & recognized by them (in a long run).

So what a local brand or national. What matters is Satisfaction! 


By JOGINDER SINGH CHANDNANI, CSS (Customer Service Specialist), Infiniti Retail  | 10 29 2010 06:11:02 +0000
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For the common consumer of india, the quality of the product always matter.. if the customer found a product which can satisfy his/her prime needs , then he/she won't go for the branded product. besides, the price of the brand also does matter. usually, the branded products are of better image & with higher prices..so, the common people sometimes are not able to purchase them. so, as a Basic need, the customer wants a product, not a brand. due to various options , they can think about brand,but not primarily.....
By Ishan Dave, Animation & Film Making  | 10 29 2010 02:58:59 +0000
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The Quality of the product matters always. No matter what brand. Even the brands which are termed as worst in their home country are also present in our country.so the brand which provide good QUALITY PRODUCT always survive and attract people to their stores in INDIA. So The Product always wins here.
By phanindra , B.Tech/B.E. student, College Of Engineering , Andhra University, Vishakhapatnam  | 10 25 2010 16:28:39 +0000
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I am sorry but Brand is not a tool. moreover, the statement that more literacy = less brand loyalty is not correct.


By Denny Joseph, Sr. Account Director, Noshe  | 10 25 2010 07:02:16 +0000
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do you mean to say that people with abundant money do not look for value for money & purchase anything just on brand name????


By Denny Joseph, Sr. Account Director, Noshe  | 10 25 2010 06:59:31 +0000
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I sincerely apologize... I fail to see your point. could you please explain this further.


By Denny Joseph, Sr. Account Director, Noshe  | 10 25 2010 06:57:35 +0000
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I couldn't agree with you more sir!!


By Denny Joseph, Sr. Account Director, Noshe  | 10 25 2010 06:55:46 +0000
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In the most cases (category) brand is important because it has set of values and faith. One who decides to buy a product; first thing have in a mind is brand image and again brand image is not enough to encourage a buyer to buy a particular product. There are external and internal factors (product attributes) which may influence the decision.

Today's Indian buyer is educated and smart, knows his needs, likes to know everything before buying. Also, experiential marketing educates him about a product.

But the same thing is not applicable for brand conscious people.


By Abhijit P., Brand Activation Professional, Free lancer  | 09 28 2010 17:51:24 +0000
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For a buyer valuing resource the product that gets value for money is first choice.

Thanks Sujata


By Ravindra Sharma, Managing Consultant, CHEF-India  | 09 27 2010 05:00:29 +0000
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IN INDIA THERE ARE SO MUCH OF CONSUMER ARE THERE THAT WHATEVER YOU MAKE IT WILL SELL IN THE MARKET.AND I DO NOT THINK ANYONE MUCH CONCERN ABOUT WHAT BRAND THEY ARE USING BECAUSE MAXIMUM PEOLPLE ARE FROM THE MIDDLE CLASS SOCIETY AND THEIR MAIN CONCERN IS PRODUCT NOT THE BRAND.AND I UNDERSTAND THE ULTIMATE JUSTIFICATION WILL BE AFTER USING THE PRODUCT WHETHER IT IS GOOD OR BAD NOT SEEING JUST THE BRAND NAME.


By joydeep dey, Assistant manager sales and business development., Graviss Group Pvt. Ltd.  | 09 24 2010 12:07:13 +0000
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quality generates brand


By Mahendra Raval, Freelancer, Freelancer  | 09 24 2010 09:49:59 +0000
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Brand building itself starts with the product sales however one can also say a product sells because of brand but that is not true in all cases
By sunil.v.v , Senior Manager,ISB,Hyderabad  | 09 24 2010 04:07:07 +0000
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The ultimate objective is to satisfy the customers and Obviously that comes from the Quality of the Product.Although Quality of Product is much important yet no one can deny that Brand has its own value, its own importance reflecting a Quality Image.At the end, everyone see the Product Quality at the best economical Price(As Indian,sply, are highly Price concious).

Hence Prodouct Quality is much imp than Brand in Indian Scenerio.


By Basant Sharma, Purchase Incharge, AKS Group of Companies  | 09 23 2010 09:45:49 +0000
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the consumer today is evolving in terms of product knowledge & market trends. moreover, brands have become diverse wrt their pdt range. the consumer is pretty clear on what he requires. for ex - when buying a mobile handset, they decide whether they want a music phone/ multimedia fucntion phone/ business phones/high resolution camera phone etc. he then goes ahead & discernes across brand offerings in that segment before making a purchase. so evidently, it is the product that stimulates a buying decision.


By Denny Joseph, Sr. Account Director, Noshe  | 09 23 2010 08:55:49 +0000
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itobviously has to be the product... if that is brilliant, then through its customer satisfaction, it will automatically become a brand. of course you can not discount other factors like marketing, advertising and other promotions. as support.
By Ajay Mehta, CEO, Alacrit  | 09 23 2010 08:09:02 +0000
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