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Below the line promotional Activities
BTL sales promotion is an immediate or delayed incentive to purchase, expressed in cash or in kind, and having short duration. It is efficient and cost-effective for targeting a limited and specific group. It uses less conventional methods than the usual ATL channels of advertising, typically focusing on direct means of communication, most commonly direct mail and e-mail, often using highly targeted lists of names to maximize response rates. BTL services may include those for which a fee is agreed upon and charged up front.
BTL is a common technique used for "touch and feel" products (consumer items where the customer will rely on immediate
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But at that point of time, the company had a wide range of brands/subbrands. The focus of the company was on product innovation and service network and managing quality proposition.
The brand focused on mass and rural market. Asian Paints had a mascot called Gattu who was created by the celebrated cartoonist R K Laskhman. These efforts made the brand a leader during the latesixties.
Then the company realised that although volume justified the leadership position, share of mind for the brand was very low.That was the result of the mass segmentation adopted by the brand. Rightly so because the industry was driven by channel driven promotions, building a brand at that time was" uncommon sense". During 1983, the company tried to reposition the brand as a premium brand. Asian Paints initiated the corporate campaign aimed to position the company as the number one player in the industry.The objective was to upgrade to a more margin premium product marketer .The corporate campaign " Spectrum of Excellence" was aimed to increase the Salience of the brand in a quietmarket.
But this campaign failed to inspire any interest in the consumers and the company felt that the market is moving towards a commodity market where price is the most important differential. Asian Paints undertook a consumer research aimed at understanding the perception of consumers about the product category. The research revealed lot of interesting insights. Consumers felt that paints
Their strategy was about customer service rather than profit or revenue. The growth was built on creating new products for the existing target market.
distribution strategy to penetrate the market and increase their reach to the consumers. Their retail
were branded to the bone. They always understood that they were selling brands before product. They had their eyes fixed on global expansion.
With a company that has been around over a century the strategies it uses change an develop with the society. Since they had begun they have rapidly grown, within the first 30 years of their business
Brand Extension: They just started selling dairy products and cheeses. Eventually the company was going correctly and developing from positive, the company decided to extend its limitations, its products and its
The business problem with the company had a company focus on customers with large investment, they manages money for pensions, governments, and other entities worldwide. They also manage money for wealthy individuals and engage in private equity investments. This business plan keeps them focus on few profitable customers but bring them a negative result of low brand reorganization. This business strategy works for a long time and bring them abundant profit, but it face challenge now since competition constantly increasing and profit margin is under pressure.
The new entity could leverage the core competency and brand recognition in respective market segment.
Its ability to have created a global brand these products is a valuable asset and a sustained competitive advantage
■ Corporate brand strength and technology behind its products with exclusive supplier status, product driven organization with strong R&D direction, and geographic specialization
on the market which should help to strengthen the brand, they also had further opportunities
Majority of the users associated the brand with the Competence and the Sophistication quotient. The users believe that the brand has established itself as a pioneer in using cutting-edge technologies and an extensive investor in Research and Development.
Its primary objective was, simply put, to become the “most recognized and respected brand in the world.” This objective required most of the
In recent times, branding has played a pivotal role in some brands’ success. This has been made possible through the ability of some marketers to capture the essence and minds of people (consumers), and put the trends and characteristics into the personality of a brand. Customers have always found ways to identify themselves with certain products, and on several occasions, branding campaigns
With the company’s focus on only two market groups, BT Technologies have been able to differentiate themselves from their competitors in their product design and customer service. This is done through giving their clients complete control over the outcome of their
The research is to analyze what factors are causing low brand awareness, are the prices reasonable, what factors influence the buyer’s decision to purchase the alternative product and how competition is causing low brand awareness for the company. The Research is to analyze the causes for low brand awareness of Master Paints and find best possible solutions.