“It’s about creating buzz”
Prashant
·
Sandeep
Komaravelly talks about Snapdeals present and future marketing initiatives.
·
They
are targeting tech savvy youth market. They prefer shopping through websites
and are confortable buying product and services online.
·
In
2012, 20 % of the traffic on portal is because of mobile devices.
·
Currently
online shopping is 1% of organised retail in India.
·
Compared
to last year snapdeal had 10X growth.
·
They
are adopting 360 degree marketing keeping in mind market is still unexplored
“Price is not always
the driver of consumption”
Santhosh Unni, CEO, Costa Coffee India believes that the aspiring Indian is today looking for products which truly reflect the value they attach to them.
The aspiring Indian middle class is today
looking for products which truly reflect the value they attach to them.
Retailers and brands therefore need to ensure that they deliver that
value.Retailers cannot rest on their laurels, because standing still in a
rapidly developing and fast growing market like India is dangerous.
Coffee
is the heart of our business and our aim is to “save the world from mediocre
coffee”. In fact, our hand-crafted coffee, which is an art form, is based on a
process that can be replicated by our baristas day in and day out. This helps
us keep our promise to our customers consistently.
Today’s
consumers compare their experience with your company not just to their
interactions with your immediate competitors but to their experiences with
companies in general. For instance, a pampered luxury car customer expects the
same attention from a retail store at a mall.
working on convenient
and approachable locations, the ambience, and innovations in F&B offering is very important.
Today
the voice of dissatisfaction echoes louder than ever before. According to
conventional wisdom, a dissatisfied customer might tell 10 people of a negative
experience; today, social media enables that same customer to reach thousands
with a few keystrokes.
“Our positioning is of
an outdoor adventure brand”
From
making shoes to apparel and adventure gear, woodland has carved a unique identity
in the minds of consumers as a tough and functional brand.
The footwear industry in India is worth about Rs.25,000 crore. Woodland are operating in a very niche category – catering to outdoors footwear – which is 10% of the overall footwear market. Currently, woodland are doing sales of Rs.850 crore. In the overall footwear market there are many sports brands, both organised and unorganized but woodland are the first mover in the outdoors category. Woodland is positioned as an outdoor adventure brand that provides outdoor apparel, shoes and gear to youngsters, majorly catering to the 18-25 age group. provide functional products that last long. That is the USP of products. These products, be it shoes, apparel or adventure gear, can be used in extreme conditions compared to the products of our competitors. So company use a material that is durable and functional.
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Will apple keep its shine with markets?
Has the economically troubled global market now
conspired to cast a shadow on Apple’s vaunted quarterly earnings? The company
earned $8.2 billion in profits – $8.67 per diluted share – during its Q4 2012
fiscal quarter that ended Sept. 29. Revenue was $36 billion. For its fiscal
first quarter, which will end Dec. 31, Apple projected earnings of $11.75 a
share on a
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The launch of Microsoft’s new OS Windows 8 on October 26 was preceded by a lot of market buzz. All this was perhaps justified considering that it was arguably the biggest product release in Microsoft’s history. Windows 8 represents a new approach to user interface, replacing icons and programs/apps with live tiles that link up to social communities, Internet services, and cloud-based data storage and retrieval. Microsoft has installed this interface across computers, tablets, smartphones, creating the first-ever semblance of an integrated ecosystem for its users. No wonder that there were reports of Microsoft planning to splurge between $1.5 billion and $1.8 billion on its Windows 8 marketing campaign. But almost two months into the launch, there isn’t much sense of where the billion dollars of advertising is going, or what its Windows 8 campaign will look like. |
Gap widens its portfolio
·
Gap Inc, a leading global specialty
retailer offering clothing, accessories, and personal care products for men,
women, children, and babies under the Gap, Banana Republic, Old Navy,
Piperlime, and Athleta brands, has acquired the New York based women’s apparel
retailer Intermix Holdco for $130 million.
·
The purchase will help Gap to further
expand its footprint in the thriving luxury apparel market. Intermix sells
clothing and accessories from prominent designers such as Yigal Azrouel, Yves
Saint Laurent, Missoni, Helmut Lang, Stella McCartney, Jimmy Choo and McQ by
Alexander McQueen, in its 32 stores in the US and Canada and on its e-commerce
site.
·
The acquisition will help Gap to extend
its portfolio of brands and scale up its e-commerce platform further by making
changes to the Intermix e-commerce site.
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