How National Brand is Threat to MNCs?

How National brand is threat to MNCs

Today MNCs are facing stiff competition from home grown National Brands in various sectors like MDH, Ptanjali in FMCG sector and Lava, Intex, Micromax etc. electronic sector and many more. Though the MNCs are pumping millions of dollars every year on their research and development and perhaps pumping more money on advertisements to rule the … Read more

How Smart Phones Dominates The Indian Market?

How Smart Phones Dominates The Indian Market A Statistical Fact

Smart phones have not added a new dimension to the interpersonal connectivity, but it has also brought internet to the reach of the lowest strata of society. Studies suggest that internet has not only geared up developmental index, but its impact on socio economic balance is matchless. Who could have imagined thirty years back that … Read more

Online Shopping Delights: Elevate Your Shopping Experience

Online Shopping You Should Know About The Concept

Online shopping has emerged as one of the biggest sensation of the twenty first century. Ever since human history has evolved, commerce has played the most significant role in development. Initially barter was the mode of transaction, then as the civilizations developed metals, spices, coins, slaves, cash notes used to trade in lieu of goods. … Read more

Online Promotions Becoming an Integral Part of Marketing Strategy

Online Promotions Becoming an Integral Part of Marketing Strategy

We are in 21st century where digitization reigns supreme! Today, the marketing strategy of any competent brand having ambitious plans to capture the market is incomplete without an internet marketing plan, also known as online promotion activities. Internet offers speed and unlimited coverage, that makes a brand message of a new discount or a brand … Read more

Impact Of Smartphones On Social Media Popularity

Impact Of Smartphones On Social Media Popularity

Social media channels like facebook, instagram, twitter, whatsapp, hike messanger and not to be forgotten orkut and other social media platforms have not only heralded a new e- revolution but have made a striking appeal to the people world over. With a single click of mouse one is connected with any other individual all around … Read more

Why E learning Is Shaping Up the Future

Why E-learning Is Shaping Up the Future

In the era of connectivity, technical advancements, accessibility and increasing user base, internet has become synonym of inter personal connectivity. With the advent of smart phones, internet has assumed multi dimensional tasks and approaches. Now internet is not dependent upon computers and expensive devices. Smart phones have revolutionized internet like never before. During the advent … Read more

How marketers are trying to make mela marketing work in rural India.

rural-advertisingTrade the unctuous store attendants for glib salesmen, replace security with armed policemen and swap mall rats for a motley bunch of sadhus and saints, and we wager it would be hard to tell malls and melas apart. The two are more similar than different: sharply focused on apparel, essentials, entertainment, footwear and food, and given to an influx of large numbers of people looking for a discount or an exciting experience among other things. The similarity extends to stores where the entire assortment is available at a fixed price point. Or a massive size and spread of assortment; some melas have as many as 3,000 different stalls.
The 2013 Maha Kumbh was a watershed moment in mela marketing with ColgateBSE 0.06 %, Vodafone, DaburBSE -1.20 % and HULBSE -0.13 % all participating. But the history of mela marketing is ancient: perhaps older than marketing as we know it today.
Predictably enough, marketers want in on melas to the extent possible and permissible. Both psLive (the rural specialist division of Dentsu Aegis) and WPP’s Geometry Global claim to create mela calendars for marketers to tell them which among the 25,000 odd events every year are worth their while. According to Deepak Oberoi, chairman and CEO, RCM, “There’s a difference between religious melas like the Kumbh that draw 5 crores to 8 crores of people over 30 to 40 days and smaller, festive melas that last for a shorter time frame and typically bring in 10,000 to 20,00 people a day, with a mix of urban and rural audience.” The latter are a better bet since they tend to be more marketing friendly, he says.

Why is this such a big deal, you ask? Quite simply it’s the greatest aggregator of an otherwise very diverse and hard to reach audience. Mass media is not a safe bet and rural marketing operations that go from village to village are prohibitively expensive. Says Ashish Bhasin, chairman and CEO, Dentsu Aegis South Asia, “It’s an opportunity to get a sizable number of rural consumers at one go and in a way they come to you with money in their pockets.” “The choice is getting to be between the
50,000 villages or the 200 melas,” adds Rahul Saigal, president, Geometry Global. A choice that isn’t really a choice for marketers in these cash strapped times.

Article Source : Economic Times