Showing posts with label No-money-marketing. Show all posts
Showing posts with label No-money-marketing. Show all posts

Friday, May 04, 2012

Modern Retail and Integrity Branding




The Chicken and Egg of Retail

By Harish Bijoor



As we get excited with every data bit and byte that hits at us on the front of the Indian economy at large, and the emergence of modern retail as the ‘manna from heaven’ solution  that promises to tie up an efficient supply-chain that links the deprived back-end to the craving front end of Indian consumers on a consumption  spree, we forget something basic.

Yes, India is growing. Yes, the prognosis says that India will be a USD 7 Trillion economy by 2020. Yes, we will be the third largest economy after China(which will incidentally be at the USD 16 Trillion number in 2020) and the US(at USD 21 Trillion!)
And yes, the latest census proudly tells us that we are all of 1.21 Billion people now.  And yes, the spending power of the Indian is on the morph. But, as I have already said, we keep forgetting something basic.

The basic then: Indian retail is chasing the Western dream a bit too much by rote. If at all Indian retail needs to be relevant, original and innovative in terms of appeal to the Indian at large, we need to be different. Different on the one acid-test scale that every human being looks at the buying, selling and intermediation process at large. With Integrity.


In the several marketing summers I have lived, fought, sweated and thrived, there is one insight that has held me in good stead.  This is the insight of Integrity branding.

Integrity branding is all about saying the simple truths in your brand communication process. Stick to the tone and tenor of integrity and you can’t do no wrong!

Let me look at it in a manner of detailing the concept at hand. The point is simple. All consumers are essentially truth seeking animals. Yes, all of us lie in some small manner or the other. These are really the small lies that make the fabric of our modern day lives. Small lies that ward off the inconvenience of a lie-less society.

Despite all these small lies, we are essentially truth seeking as consumers. When you buy a toothpaste, you expect honesty out of the entire exercise. The consumer-brand interaction process is a relationship. A relationship quite like the many relationships we go through in our social lives.

When you get into a relationship with a member of the opposite sex, or let me be politically correct and say member of the same sex even, you expect just one primary thing out of the relationship. The truth. There is no relationship you get into expecting dishonesty and the lack of integrity.

Very simply put, consumers get into brand relationships based on the expectation of the truth. But does she get it? And how much of it? And how frequently so?

My belief is that the brand that offers the most of the truth most of the time in this continuous relationship is the one that succeeds. The brand that fails on this count is an utter failure right away, or on the path of a self-fulfilling prophesy of doom round the corner.


Let me illustrate this with an example. Let me choose my favorite gourmet table bird for this example, the chicken! Let me take three of them.

There are really three chickens in our marketing lives. And remember, all of us are marketing people, since there are only two kinds of people in the world. The “marketing person”, who markets to others. And the “marketed-to person” at the other end!

Imagine three chickens out there. Each of the chickens is a manufacturer and a marketer. Each of the chickens has done something they are very good at. Each has laid an egg. And each of the eggs looks alike.

Each of the marketer chickens takes a different path to market their respective eggs.

There is the first chicken, which I call the “Shy chicken”. This chicken looks at the egg it has laid and finds the product quality to be all of 100. It then stands up, looks at the target audience of potential consumers and whispers with a decibel of shout that is at best 2 on a scale of 100.

This chicken’s whisper is heard by very few of those in the target audience. Even those who hear of it, hear it as a faint whisper. The promise offered by the whisper is just 2 on a scale of 100. Those few who hear the whisper actually come to see the egg, lured often by the under-shout that creates quite a bit of mystery in the consumer at hand.

When the few consumers actually arrive to see the product, there is great joy. The consumer expectation of 2 is rewarded with a delivery of 100. The positive strokes offered in this purchase is +98. The negative of this approach of course is the fact that it scores very low on consumer awareness scores.

Look at the second chicken then. This is what I call the “honest chicken”. This chicken looks at the target audience and shouts out the product offer with a shout level of decibel 100. The shout quality is equal to that of product quality.

The pros of this approach is apparent. Awareness scores are good. Everyone has heard that the chicken has an egg to offer. But there is a problem here. Consumers do not necessarily respect honest chickens. When the consumer has heard the full story, he does not want to see the egg at all. There is just no mystery. Only a few arrive to see the egg, and these are the only ones who actually need an egg. And when they arrive, they expect 100 and get 100. No positive strokes and no negative. The potential of a buy is low as well.

The third chicken is waiting. This chicken finds the competition hot. This chicken gets onto the rooftop and shouts with a decibel value 400. The darned chicken has laid an egg but shouts as if it has laid an asteroid! The awareness scores are terrific. The entire town lands up to look at the phenomena. The expectation is 400. The delivery is 100. There is a negative stroke quotient of -300. And nobody buys!

All these three chickens and their respective approaches are out there for the marketer to choose from. Each of us makes this choice every living day. There are variations available in the gamut of 0-400 in terms of shout levels. Different marketers choose differently.

But guess what, the chicken that shouts with a decibel of 80 is the one that succeeds the most. Also, after 400 what? Back to a decibel of 2. In a market where everyone is shouting at 400, the one chicken which whispers the least is the one that is heard and trusted the most.

Think about it. Which chicken are you as a marketer? And which chicken are you as a working person? And which chicken are you as a person living in a family of your own?



The author is a brand-domain specialist and CEO, Harish Bijoor Consults Inc., a consulting practice with presence in the markets of Hong Kong, Dubai, UK and India.
Email:harishbijoor@hotmail.com
Follow me on Twitter.com/harishbijoor


Friday, February 03, 2012

Marketing the Niche to the Mass

Marketing the Niche



By Harish Bijoor





The niche. By definition, a small wedge. A small corner even.



Marketing as a process is the ability of a marketer to take a product, a service or a concept and make it as mass as possible. Marketing to that extent of definition is a process that fulfills a latent human need, want, desire and aspiration. Marketing is therefore a process that takes what is not known at all, and gets it known by as big a mass of people as possible.

You can therefore take a carbolic soap such as Lifebuoy and make it as mass as it is today. You can really build a hierarchy of brands that reach out to consumers, from the mass to the niche. Take soap and the Indian market for instance. Right at the bottom of the pyramid is the mass segment. Put a red Lifebuoy in it. Just above it is the mid-premium segment. Put a Lux in it. Just above it, is the premium segment. Put a Dove into it. And right above that would be a niche offering. An offering for Pimples? Clearasil soap! A soap for men alone? Aramusk! And tomorrow a soap for folk who are lesbian and gay in their preferences?

This is the niche. The niche is always small. The niche is different. The niche is unique. The niche is boutique. The niche is all about that one salmon that swims against the tide. It is about that one offering in the market that is so unique that people will pay a good price for the offering, but there won’t be too many people partaking of the offer.

The niche is therefore that narrow wedge of marketing space that brands aspire to occupy not for the sake of volume, but for the sake of image and continued brand sustenance basis just that.




How does one market the niche then? What are the primary challenges? And what’s so different in approach from marketing a mass soap, a mass focused travel agency and a mass focused consulting practice for that matter like what the Big Four(or is the Big Two and a half now?) do.


Marketing the niche brand is firstly a labor of love. Niche brands emanate from small little gaps in the market. At times they are non-gaps even. These are small little gaps and non-gaps seen by evangelists. Evangelists who are reasonably tired of mass market offerings. Evangelists, who at times have themselves experienced lack of service, frustration and a complete lack of fulfillment. The consultancy practice that looks at a zero-solicit model of business, where there is no advertising, no touting of business formats, no participation in market pitches for accounts and no brochure and no detailed website is one such example.

The challenges then are three mainly.


1. There is no money to advertise. Might as well make a virtue of that. A non-advertised brand must be good, na?

2. Niche brands slip between the slats of public recognition. At times too much recognition can be the bane of a brand in public space. Niche is boutique.

3. Niche brands forever look maverick and small. And that’s an advantage in today’s world where everything big is considered that much less optimal in its service and delight delivery standards.

Two do’s and two don’ts:

Do’s:
1. Spruce up your brand image and be totally cutting-edge in what you offer. You need to be one step ahead of big competition. Remember, bigger organisaitons take much longer to change with their clients. Clients change faster than those who service them do!
2. Don’t open up those offices all over. Follow a policy of the small office home office in every location till you have a minimum 5 clients in the kitty. It is better not to open a new office at all than close all of them one by one!


Don’t:
1. Don’t over-promise and under-deliver. Clients and consumers are tired of this.
2. Don’t be glib and slick at all. Don’t follow the big guys in this game. Be real. Be genuine. Be sincere. You will stand out like a loved sore thumb!

Wait! Even as I tap this onto my laptop, it strikes me that I operate in a niche myself.

Here is some niche-'gyaan' then from what I painted for my business practice eight years ago as a private label consulting firm with no MNC-consulting tag to it. Best way to talk the language of the niche. Best way to explore the challenge of the niche. My personal one.








Consulting! Possibly the world’s oldest profession. Rivals the other one for sure! A name that used to bring a smile on my face before I actually jumped into it. I had dealt with the big names in the Consulting business for a while now during my previous stints with Levers, Tata Coffee and finally Zip Telecom. I knew many an Anderson, a McKinsey and an E&Y! I knew many of the smaller names as well. Many a salivating consultant who would network at the parties I attended wearing the corporate hat.

The term Consulting has both a positive and a negative feel about it. The positive is that which talks of stellar strategy that creates many an alliance, many a turnaround and a domain that has been responsible for creating a wealth of wealth!

The negative connotation is best typified in the joke doing the cocktail rounds of a consultant being an entity that gets into your organization, wants to meet the folks who work there, asks for your watch, looks at it keenly and tells you the time!

I have never wanted to be one of that kind. And blissfully I am not! The first thing I did as the bug to get into bed with consultancy got to me was that I did a thorough analysis of the turf at hand. Being a Market Research enthusiast all my life, I could do nothing better. I looked keenly at the inadequacies in the profession, and said I would never trample on the terrain in the same manner as many others have.

I defined for myself a USP. Two actually.

One: My consultancy will never solicit business. No presentations to clients, no networking at parties, no presentations, no pitches and no brochures and direct mailers at all! I have had enough of that staring back at me from the other side of the fence when I was a Corporate for 18 long years!

Two: My practice would focus on walking the talk. Talking the talk is just not enough. The consultant must tread the path of his strategy and see it to fruition. I therefore adopted the Build-Operate-Transfer basis of business many a super-highway contractor adopts in his trade. I will build strategy; I will operate it for the client as if I am his own resource for a year. At point of satisfaction, I will transfer the business to the client CEO! Gives the profession a great deal of credibility!

This seems to work. It has kept me busy. My four offices are busy as well.


As big consultancies break up with corporates suspecting value-propositions, niche boutique consultancies that focus on individual specialty domains will become the order of the day! Private-label consultancy is here! The terrain is ripe for many a new entrant. More the merrier.

Being a niche player is really an advantage today. If this is a David versus Goliath play, the consumer of the future is poised to look keenly at David. David is small. David is nifty. David is value-for money (most of the time). David is like me. Small, real and vulnerable. The consumer emotes with small. B2B, B2C or to B2M (Business to machine) marketing, small is still beautiful. Schumacher was right!


The author is a brand and business-strategy specialist & CEO, Harish Bijoor Consults Inc., a private label-consulting practice with a presence in the markets of Hong Kong, UK, Dubai and the Indian sub-continent. Email: ceo@harishbijoorconsults.com