Build your professional network on facebook via our app Go to app
 
<< Prev  6 of 10 in Topic  Next >>
Topic : Rewinding the time...
  Rate : 
Associated with other topics :
  Rate : 
Posted in Community :

Marketing & Branding

 
Started by : Meena Deshmukh, Product/Brand Manager, Videocon Inds   03 22 2011 05:16:32 +0000
Industry : Consumer DurablesFunctional Area : Growth(Strategy & Execution)
Activity:  107 views;  last activity : 03 11 2012 13:54:46 +0000

esterday I saw so many of us love parle-G... Thanks to Manish .. It has its own magic in 80s and 90s and then it faded.. just like bata and halo and margo.. and a lot more.. In this competitive world I doubt if they are doing there best to stick to the image they had once created in our mind. So what else should they do to re-create the magic?


http://www.colgate.co.in/Colgate/IN/PersonalCare/Shampoo/HaloShampoo/halo-shampoo.jpg 

 

http://product-image.esuppliersindia.com/00188108/b/0/Parle-Biscuits.jpg

 
 Refer 914
Share
 
 
  Rate : 
 
 
 
 
  8 3 1 1 1
 
 
 
 
 
 
 
 
 
 
 
 
 
1 2 3 4 5
1 Add a bit of glamour
2 Strategic Planning & Testing
3 Find out reasons for their lagging behind and plan for how to bounce back
4 Find out reasons for their lagging behind and plan for how to bounce back
5 Value- ABC
6 Add a bit of glamour
7 Find out reasons for their lagging behind and plan for how to bounce back
8 Find out reasons for their lagging behind and plan for how to bounce back
9 Find out reasons for their lagging behind and plan for how to bounce back
10 Find out reasons for their lagging behind and plan for how to bounce back
11 Strategic Planning & Testing
12 Innovate,update the product for current requirement and relaunch
13 New age, New Avataar, New strategy, New Audience
14 Re Invent retaining the old flavour
15 fresh approach to advertisement
16 "Repositioning of the brand is a must"
17 Find the right consumer insight
18 Re-invent themselves
19 "Automate the replacement"
20 Product design and value engineering
21 Reengineering
22 Reinvent the wheel
23 Benchmarking & Introduction of New Marketing Techniques
24 Just making it attractive..
25 Make it visible
26 Instant connectivity
27 Align the brand to new trends
28 Follow the Trends
29 Strategic Planning & Testing

Add a bit of glamour

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

This means more than changing the paper cover of biscuit to the plastic one!! Well in old times kids were pleased with anything new because competition was low. But now things have changed they should do better marketing just like there competitors and they should do it better than others.

8
0
  
by KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed  | 03 24 2011 16:15:23 +0000

Yes I agree with you. Can we say," An Old wine in a New Bottle".

0
  
by Vimal Baranwal, Manager (Technical), Spencers  | 03 24 2011 10:59:43 +0000

Its the perception of the people that change. In the product itself some innovation is required. People gets bored in hearing same name again and again from long time. It is the mentality of people who compare their favorite product with another competitive one available in the market. With the innovation and marketing strategy give the common people some masala/spices to talk then this will distract their attention from other competitors. For example look for horlicks. It is available in the market from long time but now when other competitors of this health drinks started challenging this aggressively then horlicks has changed its strategy by doing some customization (junior horlicks, women's horlicks etc) into their product, although the product remains same but the perception of people got changed.

0
  
by Rathin Deb, Advisor and retail consultant, currently as Branch Manager, Tower Infotech Ltd  | 03 24 2011 05:00:54 +0000

For a Brand it is important to maintain its customer base and ensure the volume growth is more than the market growth shows the brand is growing. I was amazed to see a tooth paste which went out of market and now one of the leading brand that is "Pesodent". It is a great achievement.

Add your argument:

Strategic Planning & Testing

idea posted by manish My a/c is not showing ..help toostep
Why is all this important? Often as organization leaders and brand managers we forget that our brand has such an impact. Take for instance the "new Coke" that was introduced in 1985. Although Coca-Cola had invested $4,000,000 in market testing the launch of this new product created a public outcry. Within 87 days Coca-Cola re-introduced the original Coke formula. What was the difference? Why the change? What happened that made the introduction of this new product a failure? Coca-Cola focused on the introduction of the new product rather than the loyalty of the brand. Before You Recreate Your Brand Creating a transitional change with your brand can be a successful endeavor, however it takes careful planning, educating, explanation. It takes focusing on the brand, not the product. This ensures that you do not lose loyal consumers in the process. Start with a list of serious questions and a solid goal in mind. Weigh the benefits, be sure that the change is beneficial not only to the company but to the consumer. Listen to your customers, they will never steer you wrong.
3
1
  
by Aditya Sharma, Insurance Advisor/Analyst, LIC OF INDIA, ICICI LOMBARD  | 03 25 2011 08:46:44 +0000

Thanks Meena for the referal. Yes strategic planning and test marketing are some of the tools at hand which can be applied to re create the old magic. Though they might not be able to create the old charm but they can certainly compete with the modern brands. Besides all the time tested marketing tools have to be used. They have to do SWOT analysis. They will have to do the marketing research. They might be required to reposition the product. A market survey is also required to be done to guage the mood of the market in the true sense. See even if the market is fully saturated there still is room for the new product the only thing is you have to find it out. Yes I am saying new product. Because repositioning will mean to certain extent lauching of the product as a new product with old brand name. The results will depend on how quickly you do all the homework.

Add your argument:

Find out reasons for their lagging behind and plan for how to bounce back

idea posted by Srinivas suravajhala Asst. Manager.
You have to run continuously even to stay at a place. Those who forgot this rule will tend to lose their position to others. If we look at the trends we can understand that many organisations who successfully ruled the market for years are no more in the market leaving their positions to new entrants. It is nothing but their failure to study the market trends and respond to the market demands. Ambassador car though it is the best car still it failed to assess the aspirations of the customers and slipped from its position and it is nowhere in the market. A learning organisation will continue to rule market.
1
0
  
by Vinoy Scaria James, Tour Consultant., Guiders Mission Tours & Travels  | 01 09 2012 13:51:34 +0000

I agree with Srinivasji on this one. There are varied reasons for a brand loosing value. One has to go to the root of the problem before deciding the next course of correction. market has changed tremendously over the last couple of years and one has to keep up withthe demands of the new purchasing gang.

Add your argument:

Find out reasons for their lagging behind and plan for how to bounce back

idea posted by Srinivas suravajhala Asst. Manager.
You have to run continuously even to stay at a place. Those who forgot this rule will tend to lose their position to others. If we look at the trends we can understand that many organisations who successfully ruled the market for years are no more in the market leaving their positions to new entrants. It is nothing but their failure to study the market trends and respond to the market demands. Ambassador car though it is the best car still it failed to assess the aspirations of the customers and slipped from its position and it is nowhere in the market. A learning organisation will continue to rule market.
1
1
  
by Shanti Roshan, Accounts Manager, Aditya Birla Group  | 11 08 2011 09:15:04 +0000

It is very important to keep pace with a groeing market especially when there are a rush of entry by fresh entrants. Constant scrutiny of the market and keeping ahead of it is the only solution. Of-course you can sell a dream. but The customer today is a more smart one than a decade back. You have to tune the dream to the pulse of the emerging markets, today.

Add your argument:

Value- ABC

idea posted by Ravindra Sharma Managing Consultant, CHEF-India

Additional Value of Brand to Customer.

Why does a customer trust a brand........this thought must find respect in Brand relaunch.

Thus, it means better product, better value benefit to customer, respect for retention and thereby addition.

1
0
  
by Ravindra Sharma, Managing Consultant, CHEF-India  | 04 04 2011 06:14:34 +0000

ABC naturally reminds us of beginning, revisit the history of brand and journey through the years as also the pillars to success to remain ahead....

0
  
by Ravindra Sharma, Managing Consultant, CHEF-India  | 03 31 2011 09:50:12 +0000

Reason for an existing customer to stay loyal.

Add your argument:

Add a bit of glamour

idea posted by NITESH AGRAWAL BE(Hons), Electrical And Electronics Engineering
yes i agree with Mr.KALIYAMOORTHY. It must be new strategy according to demand. Since the CHANGE IS LARGE OF NATURE.
0
No supporting Arguments for this idea
Add your argument:

Find out reasons for their lagging behind and plan for how to bounce back

idea posted by Srinivas suravajhala Asst. Manager.
You have to run continuously even to stay at a place. Those who forgot this rule will tend to lose their position to others. If we look at the trends we can understand that many organisations who successfully ruled the market for years are no more in the market leaving their positions to new entrants. It is nothing but their failure to study the market trends and respond to the market demands. Ambassador car though it is the best car still it failed to assess the aspirations of the customers and slipped from its position and it is nowhere in the market. A learning organisation will continue to rule market.
0
No supporting Arguments for this idea
Add your argument:

Find out reasons for their lagging behind and plan for how to bounce back

idea posted by Srinivas suravajhala Asst. Manager.
You have to run continuously even to stay at a place. Those who forgot this rule will tend to lose their position to others. If we look at the trends we can understand that many organisations who successfully ruled the market for years are no more in the market leaving their positions to new entrants. It is nothing but their failure to study the market trends and respond to the market demands. Ambassador car though it is the best car still it failed to assess the aspirations of the customers and slipped from its position and it is nowhere in the market. A learning organisation will continue to rule market.
0
No supporting Arguments for this idea
Add your argument:

Find out reasons for their lagging behind and plan for how to bounce back

idea posted by Srinivas suravajhala Asst. Manager.
You have to run continuously even to stay at a place. Those who forgot this rule will tend to lose their position to others. If we look at the trends we can understand that many organisations who successfully ruled the market for years are no more in the market leaving their positions to new entrants. It is nothing but their failure to study the market trends and respond to the market demands. Ambassador car though it is the best car still it failed to assess the aspirations of the customers and slipped from its position and it is nowhere in the market. A learning organisation will continue to rule market.
0
No supporting Arguments for this idea
Add your argument:

Find out reasons for their lagging behind and plan for how to bounce back

idea posted by Srinivas suravajhala Asst. Manager.
You have to run continuously even to stay at a place. Those who forgot this rule will tend to lose their position to others. If we look at the trends we can understand that many organisations who successfully ruled the market for years are no more in the market leaving their positions to new entrants. It is nothing but their failure to study the market trends and respond to the market demands. Ambassador car though it is the best car still it failed to assess the aspirations of the customers and slipped from its position and it is nowhere in the market. A learning organisation will continue to rule market.
0
No supporting Arguments for this idea
Add your argument:

Strategic Planning & Testing

idea posted by asif shaikh Branch Manager/Regional Manager, kiran Printing and Packaging
old brands still remains in their old days.they have to accept modest techniques,features and aggressive strategies.always compare where they are with a leading brand
0
No supporting Arguments for this idea
Add your argument:

Innovate,update the product for current requirement and relaunch

idea posted by Cyril S M General Manager & Head - Marketing - High Mast, Bajaj Electricals Limited
Brand is always connected with people. As today is age of innovation think in current prospective may be through survey / feedback /critics redesign and relaunch the product.
0
No supporting Arguments for this idea
Add your argument:

New age, New Avataar, New strategy, New Audience

idea posted by satyavrat jadeja Content writer/copywriter
In earlier times, as you said that there was very less competition, the scenario has taken a U-turn now, there is so much cut-throat competition now. And today, it is a completely different world. Kids are also recognising a brand now and they prefer going for it rather than just picking anything up just because of its packaging. If the strategies of old brands are not completely flushed off and a new brand strategy and image is not built, the brand dies instantly after entering today's market. Take Vicco Vajradanti for example, the ad made by Vicco (the old ad) is still running in many cinema houses and in some multiplexes, you see the new version of Vicco ad which has failed to address the young audience. It needs to revive its strategy as a brand and make new-age ads...showing village and sugarcane is out of the picture of today'[s generation. Also, take the example of Nirma...the jingle was used in the new commercial but the visuals were modified, it again failed as the brand is still addressing the housewives of the previous generation. Look at today's ads...look at Tide or Surf...see what level they are at and then re-work and re-think your brand strategy before re-inventing an ad in today's market.
0
No supporting Arguments for this idea
Add your argument:

Re Invent retaining the old flavour

idea posted by kasturirangan.r INSURANCE ADVISOR, Life Insurance Corporation Of India
The best Brand recollect was Rasna jingles and Binaca Geetmala of Yesteryears; When the Bollywood's are rediscovering old Movies with the same name and reinvent, similar strategies could be adopted.
0
No supporting Arguments for this idea
Add your argument:

fresh approach to advertisement

idea posted by V. Srinivas Freelancer, Information Technology
more of a day-day story telling in the advertisement. now a days, some really lovely story advertisements are coming up with the target only being mentioned casually as an afterthought, really hits you
0
No supporting Arguments for this idea
Add your argument:

"Repositioning of the brand is a must"

idea posted by R.Hariharan Subramaniam Account Director, Genesis Advertising
This is one way of bringing back the old brands and re-establish in the potential market, keeping the target audience in mind. In fact, Dalda was one kind of product, like wise lifebouy and many other brands went through this process. I feel repositioning will give its platform to establish its stand in the market, subsequently it can also show its brand evaluation as compared to its competitors.
0
No supporting Arguments for this idea
Add your argument:

Find the right consumer insight

idea posted by Amiya Chaudhuri Company Partner , ADUNIQUE 76
Mining consumer insight is the core principle of brand marketing to put the brand on the right track. It makes easier to connect the consumer. But it's easier said than done. A brand distances from the consumer when its starts sleeping on its past glory and does not evaluate consumer insight constantly.Reason why the old successful brands are still alive and kicking. A brand remains healthy as long it gets its best wishes from its patrons- the consumers and it can only be done through emotional connects and there the umbilical chord is insight.
0
No supporting Arguments for this idea
Add your argument:

Re-invent themselves

idea posted by Jaygopal Raghavan Marketing Manager, Landmark Group
Brands of yesteryears have to re-invent thenselves on all fronts be it the packaging, communication or other add ons. These brands also have to look at their TA afresh and of ways to reach them. If need be even their positioning can be tweaked with a bit to reflect modern tastes.
0
No supporting Arguments for this idea
Add your argument:

"Automate the replacement"

idea posted by R.Hariharan Subramaniam Account Director, Genesis Advertising
By building a new aura behind it, there is every possibility of seeing something new with the existing old brand, Automate the replacement, what I am trying to say is build in something that could induce a automatic choice for the consumer to consider the buying process, it could be in the form of modern trade, Retail promotions, introduce new unconventional media may be by manufacturing a new method of innovative media to support the automation process considering the replacement. it could be also done with series of emailer campaign or any contest based activities that could make a larger appeal in the target audience mind.
0
No supporting Arguments for this idea
Add your argument:

Product design and value engineering

idea posted by Chetan Pancholi Project Engineer, Tamboli Castings limited
Yot must have to go through the product design and its value engineering.
0
No supporting Arguments for this idea
Add your argument:

Reengineering

idea posted by JAGADEESAN S Project Leader/Managing Consultant, Project Consultant
Agree with Mr.Chetan.P and favorably with existing and future vision its viable to with stand Eco-friendly world and main fact its affordable to maximum no. of people can able to buy.
0
No supporting Arguments for this idea
Add your argument:

Reinvent the wheel

idea posted by Jaygopal Raghavan Marketing Manager, Landmark Group
Whenever you are faced with such dicey situations, go back to the drawing board and relaunch a renovated brand in all aspects. including its pricing. This helps. But use a bit of market research before you do this.
0
No supporting Arguments for this idea
Add your argument:

Benchmarking & Introduction of New Marketing Techniques

idea posted by Anna George Web Analyst, NichePro Consulting LLC
These old brands must do a self criticism and benchmark their products with their peers. They should be open to new thoughts internally and externally. Secondly they have to seriously look at re strategising their marketing techniques. I am sure they haven't attempted doing marketing online. A fair amount of social media marketing/SEO will definitely help them in re-branding. As Ms. Meena has said, they should add a bit of glamour to the product, which again comes under marketing. In short, all these brands can make a very strong comeback if they manage to get a very strong and innovative marketing team. Regards, Anna George Web Analyst Nichepro Techologies. http://www.nichesuite.com
0
No supporting Arguments for this idea
Add your argument:

Just making it attractive..

idea posted by Sairam. M System Administrator

ITS A KIND OF SHOW OFF TO PROMOTE SALES.

0
No supporting Arguments for this idea
Add your argument:

Make it visible

idea posted by sudeep limaye Asst. Professor, Institute of International Business and Research
The brqand all the attributes present. May be in a latent stage. Just make is seen again and we will have a fantastic brand recall and usage happening.
0
No supporting Arguments for this idea
Add your argument:

Instant connectivity

idea posted by Capt. V.S. Kartik CEO/MD
Link to a milestone of the present; Get a Brand ambassador who is acceptable to both Gen-X and Gen-Y (an eldely sportsperson or Beauty queen of yesteryear with their progeny). This should advocate the product's acceptability through generations.
0
No supporting Arguments for this idea
Add your argument:

Align the brand to new trends

idea posted by Rajendran Mariagnanam Mariagnanam Founder and managing partner, Braintrain consultancy services LLP
Old brands were good in yester-years but required to change their strategy as per the new trend setters of market with the demand of needs of new gen.
0
No supporting Arguments for this idea
Add your argument:

Follow the Trends

idea posted by AMISH Writer - Administrator
Branding and advertising goes hand in hand. Trends have to be kept in mind while designing advertisement or the branding of the products. As in life cycle, interests differ at every stage of our lives, like so it is with the product's life cycle or rather you can say, the branding and advertising strategies. Interests keep changing as we learn, grow and rationalize, and as the product or the brand grows old, people associated with the brand too grow old and are replaced with the youth and they start their inputs on the branding. This brings abut the change in the strategies and perceptions. Old brands can be made magical by being in sync with the trends of the period where the branding is being set forth.
0
No supporting Arguments for this idea
Add your argument:

Strategic Planning & Testing

idea posted by asif shaikh Branch Manager/Regional Manager, kiran Printing and Packaging
people handling old brands having over confidence, did not keep pace with modest marketing and planning technique and always thought to be consumer ignorant about new products
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: "What changes should the old brands bring re-create the magic they had?" ? Click here to add a new idea...

Found the idea contest "What changes should the old brands bring re-create the magic they had?"  interesting ?  Click here to refer to your connections and communities
IT Service and Staffing company
  • 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
These days, a number of companies, including Jantzen and L.L. Bean, are bringing back styles...
 
951 referals 32 arguments, 1199 views
Retailers have become more adept at using national advertising to build store brands. The...
 
734 referals 16 arguments, 570 views
An advertising strategy is a campaign developed to communicate ideas about products and services...
 
0 referals 3 votes, 1097 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...