Build your professional network on facebook via our app Go to app
 
<< Prev  2 of 5 in Topic  Next >>
Topic : Importance of Indian Homegrown brands
  Rate : 
Associated with other topics :
  Rate : 
Posted in Community :

Marketing & Branding

 
Started by : Meena Deshmukh, Product/Brand Manager, Videocon Inds   10 22 2010 07:17:01 +0000
Industry : Advertising/PR/MR/EventsFunctional Area : Branding(Sales & Marketing)
Activity:  79 views;  last activity : 01 12 2011 12:59:59 +0000

As the world's seventh largest and second most populous country, India has always played a part in world affairs. But now India is making its mark on the map for a different reason with a huge domestic market and for its low cost and quality products.

But at the moment branding expertise is low in India, but with the consumer goods sector growing at an unprecedented rate, homegrown brands have to catch up.  So, how Indian homegrown brands can catch up with the Global  brands?? Share your thoughts on this...

 
 Refer 626
Share
 
 
  Rate : 
 
 
 
 
  5 3 0 0 0
 
 
 
 
 
 
 
 
 
 
 
 
 
1 2 3 4 5
1 By not thinking Branding means advertising
2 Strength of Quality
3 By putting in the right efforts for Product placement.
4 "syncronizing addvertising with good packaging"
5 Start with online marketing
6 Work on "Brand building"
7 come out
8 Strength of Quality
9 Go GLOCAL
10 Visibility
11 VALUE FOR MONEY PRODUCTS
12 Strength of quality
13 Focus on quality & innovative marketing strategy
14 innovation with creation
15 By Understanding Factors needs for branding
16 BY JOINT VENTER
17 BY JOINT VENTER
18 BY JOINT VENTER
19 Pricing strategy
20 Strength of quality and availability
21 Incentivise Home-grown Brands
22 Differentiation & Positive Market image.....
23 QUALITY..
24 strength of quality
25 Ony Two way
26 Some ways to lead in market
27 we require an another swadeshi movement
28 Improve the Appeal

By not thinking Branding means advertising

idea posted by Meena Deshmukh Product/Brand Manager, Videocon Inds

Branding expertise is very low in India. Manufacturers still think that branding means advertising, Indian manufacturers have the notion that advertising promotions with film stars or sports personalities as brand ambassadors will make the brand successful. They are yet to understand that the rational factor of the brand, which is product quality, actually gives consumers the confidence and motivation for purchase and repurchase. In the absence of this quality perception of branding, manufacturers consider branding to be some entertaining television campaign. Traditional retailers in India are more conscious about the brand than manufacturers are today....

5
0
  
by Gautam Patel, CEO/MD/Director, re x max realtors  | 01 12 2011 12:59:59 +0000

Quality@customers satisfaction must utmostbut there must be a customer. Foccusig in advtabout your qualities ,ideas,vision and customer services leads the customer to the spot.After that one can creat a branding.Once branding is created still branding compaign is necessory to check the other players,because todays every players play fair pertaining to their branding.so branding and advts are go side by side process.

0
  
by Santosh A. Jadhav, Sr. Officer Sales  | 12 18 2010 05:47:53 +0000

Yaah, actually you are very correct, Indian industries still dont differentiate between Branding and advertising, I personally feel like branding can be done without any sort of marketing, For eg. If you take a brand called Rolls Royce its an powerful brand but hardly you will find any promotional activities done by them, So branding is all about having very clear vision(focus) of what we are producing for whom, and how much, with taking utmost care of Quality and customer satisfaction.

0
  
by Raj Kumar, ASM, Videocon Inds  | 12 14 2010 14:53:42 +0000

To beat the foreign competition the first required thing is Customer trust and acceptability.

Branding is inseperable part of that but branding doesn't only mean advertising. Proper and planned branding stategy is required.

Quality is no doubt utmost important thing.

 

In a nutshell we can say that a proper harmony is required between the marketing mix.

Add your argument:

Strength of Quality

idea posted by Ravindra Sharma Managing Consultant, CHEF-India

Ever wondered how many new products emanate from India or how is India fairing in export of Quality finished products.

The answer to your question lies in looking for answers to these two questions, quite simply.

Thanks, Meena.

3
0
  
by Ravindra Sharma, Managing Consultant, CHEF-India  | 12 14 2010 04:21:12 +0000

Vikram M Sr, lambodar Prasad Dash,Tejaswi Dubey,Priyanka Agarwal, Digant Haloi ...all seem to agree to this viewpoint albeit in their own words....

1
  
by NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 10 24 2010 16:17:46 +0000

If any one wants to compete with global brands, it would be with the strength of quality only. Other means will never help, of course some sort of vibration can be created, but to last/survive in the long run product quality, durability, and customer satisfaction are the vital points to compete with.

Thanks for the referral Ms. Meena

0
  
by Ravindra Sharma, Managing Consultant, CHEF-India  | 12 14 2010 03:42:39 +0000

Can you think of a single good reason:

Why a country with unemployment and hunger should export Raw materials and depend so heavily on import for quality finished goods? even basics

From metro racks to airport building blocks, even quality buses the list will can not be filled in months. Take the recent cases of metro failures while correction await swiss and french engineers because all components and systems are imported. 

Add your argument:

By putting in the right efforts for Product placement.

idea posted by Nikhil More Marketing Manager, Rigel Networks LLC
We do not have companies placing products the effective way, a lot of things go associated with this like product placement with promotion. Lack of proper Market trend tracking mechanism and demand supply analysis have caused lot of brands to be ineffective to its true potential.
0
No supporting Arguments for this idea
Add your argument:

"syncronizing addvertising with good packaging"

idea posted by Basudeo banerjee MBA/PGDM student, BHARATH UNIVERSITY
well,it is as simple as a "cakewalk",just the organization requires to study the new areas on brand packaging,like market segmentation,taste,preference & age
0
No supporting Arguments for this idea
Add your argument:

Start with online marketing

idea posted by Chandra shekhar Technical Writer/Quality Assurance, CMMI 3 Software Company, Hyderabad

Online marketing can help, as it can reach deep into the global market and people abroad...

0
No supporting Arguments for this idea
Add your argument:

Work on "Brand building"

idea posted by VISHWA DEEPAK MISHRA HR-Talent Acquisition Cum Business Development Manager, Leading IT Giant.
To work on the versatile features of a particular brand can enhance the brand image not only in one nation,but can mark its image "GLOBALLY"
0
No supporting Arguments for this idea
Add your argument:

come out

idea posted by M.B.MALANI MBA/PGDM student, R.R.INSTITUTE OF MANAGEMENT BANGALORE
come out with new quality product line with advertisement.
0
No supporting Arguments for this idea
Add your argument:

Strength of Quality

idea posted by Vikram M HR Executive, freelancer
We have to change the mind set of people, that we nothing less
0
No supporting Arguments for this idea
Add your argument:

Go GLOCAL

idea posted by Manish Gupta Zonal Manager, North & East-Water Purifier Business, TATA Chemicals Limited

Adhering to global quality norms for products suited to local needs. Introducing customized products to suit local pallet can be done best by the homegrown brands only

0
No supporting Arguments for this idea
Add your argument:

Visibility

idea posted by KALIYAMOORTHY Oil & Gas Area Coordinator, Undisclosed

Home grown items needs to get a very wider visibility of its existence through media coverage. May be Radio F/M, TV & News papers to make it popularized locally. In turn, it augments the process of taking up the Brand to World area. Visibility is not seen anywhere we are in the Home grown brands.

0
No supporting Arguments for this idea
Add your argument:

VALUE FOR MONEY PRODUCTS

idea posted by s.baalu Consultant, XYZ LTD

We can offer Value  for Money products both premium and economy range to suit the markets and the customers.We now have more economically priced products based on the large customer base for them in order to get more volumes in a shorter time span.

0
No supporting Arguments for this idea
Add your argument:

Strength of quality

idea posted by lambodar prasad dash News Editor, The Eastern media Limited
As per my view, Since medieval times India is an alluring destination as a market for other rich and industrial developed nations. Its handicrafts are much adorable and fascinated the whole world. All this kudos is for its high quality and uniqueness. but the Britishers destroyed the cottage and handicraft industry. I opine that India should proceed through these indigenous Industries and compete with other nation with High quality
0
No supporting Arguments for this idea
Add your argument:

Focus on quality & innovative marketing strategy

idea posted by Tejaswi Dubey CEO, Aastha HR Solution/www.aasthahrsolutiuon.com
Now a days in this era the customers are self aware on products they dont run behind the products just because of their brand or a good brand ambassador they want only quality & India has good opportunity to explore International market.The Only Key mantras to survive it just focus on quality & make a strategy which has innovative marketing & selling concepts & focus on quality of the products.We Indians are able to sell yoga by Baba Ramdev so we can sell anything Only thin g we want is right Attitude.
0
No supporting Arguments for this idea
Add your argument:

innovation with creation

idea posted by shailesh B.B.A student, kumaun university, ssj campus almora
to catch up with multinational brands and to cope up with the global environment the Indian firms are supposed to come up with new innovative products and some sort of creativity in these products. But this is not an easy task, there are many products available in the market with brand loyalty for them, and diverting customers from these brands to our products will really be a big deal.
0
No supporting Arguments for this idea
Add your argument:

By Understanding Factors needs for branding

idea posted by Bhavani Jaladi Senior Executive - HR, NALSOFT (P) LTD
When we observe the scenarios of past¤t trends branding is nothing but recognition/acceptence of a product globally about its quality and beauty in every aspect even in its usage. Advertising helps to elevate its popularity to some extent so it became a tool of branding. If we dont have good and quality product in terms of usage, innovation and technology, what ever is the advertising method we used will not be effective.
0
No supporting Arguments for this idea
Add your argument:

BY JOINT VENTER

idea posted by M.B.MALANI MBA/PGDM student, R.R.INSTITUTE OF MANAGEMENT BANGALORE
It is possible through joint venter, acquisition and merger with branded companies like HERO HONDA JOINT VENTER
0
No supporting Arguments for this idea
Add your argument:

BY JOINT VENTER

idea posted by M.B.MALANI MBA/PGDM student, R.R.INSTITUTE OF MANAGEMENT BANGALORE
It is possible through joint venter, acquisition and merger with branded companies like HERO HONDA JOINT VENTER
0
No supporting Arguments for this idea
Add your argument:

BY JOINT VENTER

idea posted by M.B.MALANI MBA/PGDM student, R.R.INSTITUTE OF MANAGEMENT BANGALORE
It is possible through joint venter, acquisition and merger with branded companies like HERO HONDA JOINT VENTER
0
No supporting Arguments for this idea
Add your argument:

Pricing strategy

idea posted by Saket Jain Country Manager - Service Excellence, APC by Schneider Electric
consumers today are very price conscious. A brand can be successful if priced appropriately.
0
No supporting Arguments for this idea
Add your argument:

Strength of quality and availability

idea posted by Priyanka Agarwal Cerificate student, Indian Institute Of Management (IIM), Indore
I think customer today is rational enough to search for a quality product and is willing to pay higher price for it. Availability is also very important because recently when I went to buy a local made toaster,I found only Chinese made.Not even a single Indian brand was available in the big electronic market in Chandni Chowk,Delhi.I think Indian brands need to show their presence more,if retailers are not taking them because of higher price they should go for online selling.
0
No supporting Arguments for this idea
Add your argument:

Incentivise Home-grown Brands

idea posted by S. Muralidharan Executive Director, Knowledge Foundation & Campus Around the Corner
Homegrown Brands, viz., MDH, MTR in masala segment, Medimix, Chandrika, Sandalwood soaps, Vicco Turmeric, Dabur, Hamdard, Nirma, etc. have set standards amidst stiff competition from other international brands. Government should propose incentives to promote such brands to penetrate in the rural segment, even more vigorously.
0
No supporting Arguments for this idea
Add your argument:

Differentiation & Positive Market image.....

idea posted by Ishan Dave Animation & Film Making
Homegrown brands can catch up with the global brands, if they can win the hearts of people who give higher rating to global brands for their qualities. homegrown brands can differentiate the products from the global ones in quality matter. with higher quality, differentiation strategy & positive market image through marketing tactics can lead the homegrown brands to overtake the global brands in popularity.....
0
No supporting Arguments for this idea
Add your argument:

QUALITY..

idea posted by Diganta Haloi Sales- Team Leader, Bimal Auto Agency.
Todays market is buyers market, so QUALITY matters otherwise verity is always there. Today its not a manufacturers dominating market, even every manufacturers are coming with almost similar range of qualities product. So it is most important that what are the main things that consuer give importance.... their needs and the buying power of that targeted segment customers.
0
No supporting Arguments for this idea
Add your argument:

strength of quality

idea posted by PRATEEK B.Tech/B.E. student, skyline instute of engineering & technology
due to corruption it cant happen as we want.otherwise there is always a gr8 demend for our guds in international markets...only corruption declines the quality of indian brands...
0
No supporting Arguments for this idea
Add your argument:

Ony Two way

idea posted by Nitin Mehra Writer, Thinker, Technology Seekar

1. Cost should be less from other product.

2. See the need of customer.

This is way china is ruling the world.

0
No supporting Arguments for this idea
Add your argument:

Some ways to lead in market

idea posted by Rizwan Saeed Baig BD Manager, Sunrise Instruments Pvt. Ltd.
1,First of all see the requirement of customer. 2, Quality of the product, 3, Competitive Price, 4 - Most important thing is after sales service back-up. 5, Proper campaign.
0
No supporting Arguments for this idea
Add your argument:

we require an another swadeshi movement

idea posted by Basil Cheriyamadathil IT Specialist ( System Testing ), Genting Malaysia Berhad
people, should be encouraged to buy home grown products. i believe, we need a "national brand".
0
No supporting Arguments for this idea
Add your argument:

Improve the Appeal

idea posted by Atul Joshi CEO/MD/Director, Lions Alliance General Trading Co
Make them more appealing for the masses
0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...
Could not find any idea interesting in: "How Indian homegrown brands can catch up with Global brands??" ? Click here to add a new idea...

Found the idea contest "How Indian homegrown brands can catch up with Global brands??"  interesting ?  Click here to refer to your connections and communities
Leading Executive Search Firm
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
Since 2years there is an increasing the patients of diabetes as well as biabetes brand. People...
 
1400 referals 16 arguments, 762 views
We know that private lablles are posing a threat to the national brands ...but there are also...
 
1127 referals 5 votes, 479 views
Today national brands face a big time threat from retail brands that have flooded the Indian...
 
1239 referals 5 votes, 622 views
more...  
 
More From Author
Do you think twitter/Facebook marketing has greater impact than traditional marketing?
Content marketing is undoubtedly one of the hot digital marketing terms of 2012, but there’s far more to identifying—and implementing—a successful  content strategy  than simply creating content. In fact, when considering the components of...
We see sales for branded items going on and on all round the year. The Christmas sale followed by the new year sale followed by Sankranti offers followed by Valentine's day sales and it goes on and on. In addition to this the there are so many...
more...