H&M's and other stories broadens target market
By Suhasini Seshan
Europe’s second largest retailer
Hennes & Mauritz will be launching a new line of clothes during spring
simultaneously in seven cities and on its online stores.
The new line “& Other Stories” will be launching in Barcelona, Berlin, Copenhagen, London, Milan, Paris and Stockholm. Moreover an online store launches on stories.com in Belgium, Denmark, Finland, France, Germany, Italy, The Netherlands, Spain, Sweden and United Kingdom.
The new line “& Other Stories” will be launching in Barcelona, Berlin, Copenhagen, London, Milan, Paris and Stockholm. Moreover an online store launches on stories.com in Belgium, Denmark, Finland, France, Germany, Italy, The Netherlands, Spain, Sweden and United Kingdom.
Tata Safari rejuvenates through Storme
by Asghar Zaidi
Tata
Safari which is in a critical stage of its lifecycle has launched the much
awaited Storme recently. The new Storme is a completely updated Safari and is
expected to bring back the much desired consumer interest . Tata Safari which
is a true-blood Indian SUV failed to capitalize on its long innings and a
hard-core fan following. Despite the fact that Safari had a distinct brand
character, the marketing minds of Tata Motors failed to address the quality
issues which was creating a negative perception among the consumers. see the
rise of more compact SUVs and was less aggressive in addressing competition
from Scorpio. The laid-back attitude of the brand owners has virtually made
Safari anominal player in a category which it once pioneered.
Although
the brand tried to come out with newer versions, most of the changes were
cosmetic rather than a radical one.The laid-back approach of Tata Motors in
addressing the nagging issues of Safari virtually put Safari in to the
sidelines. The brand failed to see the rise of more compact SUVs and was less
aggressive in addressing competition from Scorpio. One can only hope that Storme
will change the quality perception that is haunting Tata Motors ever since it
ventured in to passenger segment
Fujifilm plan to
increase market share
By Prachi Trehan
Japanese imaging
solutions provider, Fujifilm is set to double its marketing budget to Rs. 120
crore this year. They hope to achieve this target by doubling its sales in the
domestic market from 1.6 lakh units in 2011 to 3.2 lakh units in 2012.It
currently enjoys 8 percent of the digital compact camera market in India, which
is approximately 25 lakh units and believes that there would be a rising demand
for cameras from mostly small towns. It will invest 8 to 9 percent of the
turnover on R&D activities and expects revenue of Rs 700 crore for this
fiscal year from the domestic market.
Bata to expand online
retailing
By Gigitha
Footwear retailing
brand Bata has announced plans to improve its online retail presence, which is
emerging as the next big sales avenue for the company. Through its 10 month old
platform, Bata now sells 1000 pairs of shoes a week. The company aims to triple
this sales figure to 3000 pairs a week within a year. Bata India is one of the
very few companies among consumer goods majors to have its own e-platform to
licensed products. The company currently has tie ups with ebay.com and
rediff.com and they plan to establish tie ups with e shopping websites like
myntra.com, yebhi.com and bestylish.com in future.
PayPal runs first
point-of-scale Trail with home Depot
Home Depot has become
the first retailer working to introduce PayPal at the point of scale. This is a
significant achievement for PayPal, which has conventionally offered online
payment solutions to customers. The eBay owned company confirmed its
partnership programme with Home Depot as a limited pilot concerned with POS
technologies. A Limited numbers of PayPal employees are involved in the
project. It is currently being implemented in 5 stores. This pilot project went
live in December and allows customers to use their PayPal-ISSUED CREDIT CARD to
pay for items at the register. Customers can also choose to enter their mobile
phone number into the POS device placed at the register. Neither of the
solutions makes use of near field communication, which can be a limiting factor
for adoption. More such POS projects are scheduled for this year, PayPal added.
The Emotional Connect
By Abhishek Shetty
Domino’s Pizza India has moved over from
‘Khushiyon Ki Home Delivery’ to ‘‘YehHaiRishtonKa Time’ to create a stronger
emotional connect with their consumers. From a functional promise of fulfilling
hunger needs through ‘Hungry Kya?’ to adding an emotional touch of happiness to
a box of pizza with ‘Khushiyon Ki Home Delivery’. They now boast the
tagline,‘YehHaiRishtonKa Time’. Domino’s Pizza is on the path to reinvent its
strategy to position itself in the Indian market. .Harneet Singh, VP-
Marketing, Domino’s Pizza India says”Happiness as an emotion has become very
generic and about 30 brands in India have happiness in their taglines. So the
possibility to own that tag name becomes remote. A strong positioning is the
one which is entirely owned by the brand. We thought it was the right time to
evolve to a tagline which has a deeper connect and is much closer to a
consumer, and which as a brand he/she can own. We believe that time spent over
a pizza makes relationships stronger, livelier and warmer. It is this belief
that has been articulated in our new baseline ‘YehHaiRishtonKa Time’ “. 4-5% of
the total revenue is spent on marketing and this campaign is a part of the
same. Changes will be seen at all possible touch points with the consumer. The
brand will be running engaging activities on from ‘Khushiyon Ki Home Delivery’
to ‘YehHaiRishtonKa Time’ to create a stronger emotional connect with their
consumers. The brand will be running engaging activities on Facebook,Twitter
and Youtube
Billabong receives sixth offer
by Jay Gandhi
Billabong has received another
takeover offer. This time from VF Corporation, the owner of US brands like
North Face and Timberland, and its associate US private equity firm Altamont
Capital Partners.
The companies have offered to buy all of the troubled surfwear’s shares for $1.10 – the same price all of its other previous bidders have offered.
The companies have offered to buy all of the troubled surfwear’s shares for $1.10 – the same price all of its other previous bidders have offered.
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