You are on page 1of 1

2: How should APIL, as a market leader in decorative paint cate gory,upgrade its customers to value-added/ superiorq u a l i t y / h i g h - m a r g i n products?

Ans: As Asian Paints is already a leader in decorative paints market, it canp e r s u a d e i t s c u s t o m e r s t o v a l u e - a d d e d / s u p e r i o r - q u a l i t y / h i g h m a r g i n products by formulating and implementing the following strategies: Changing Focus: AP should emphasize more on technology and marketing that would e n a b l e t h e m to come up with more revolu tionary products that cancater the demand of customers. It hence can implement EnterpriseR e s o u r c e P l a n n i n g ( E R P ) a n d S u p p l y C h a i n M a n a g e m e n t ( S C M ) solutions for streamlining its processes and supply chain. New Product Launches: Asian Paints can launch new products into the market to satisfy the v a l u e a d d e d / s u p e r i o r - q u a l i t y / h i g h - m a r g i n d e m a n d i n g c u s t o m e r s . Launching various new products into the market will also increase itsm a r k e t p r e s e n c e a n d p e n e t r a t i o n i n t o t h e s e g m e n t s w h e r e i t s presence was small. Customer Service Solutions: Asian Paints should realize that distribution and service are the keys tos u c c e s s i n t h e p a i n t s i n d u s t r y . R i g h t f r o m t h e s t a r t , a p a r t f r o m t h e urban markets, Asian Paints should focus on small towns, and on ruralmarkets. Changing Image: Along with the customer relationship building initiatives, Asian Paintss h o u l d a l s o f o c u s o n i t s c o m m u n i c a t i o n a n d b r a n d s t r a t e g y . Communication would help the company to reach out to the customerand create an attractive public image. Indian consumers are not brandconscious with regard to paints; usually the painter purchased paints for consumers according to the allocated budget. In order to change itsimage Asian Paints need to extensively work to change its image

You might also like