Professional Documents
Culture Documents
Assignment -2
Question:
Choose a brand of your choice and discuss as to how this brand currently uses various elements of
the integrated marketing mix while delivering value to its target market. Study across all the
marketing mix elements and analyse the extent to which they are used in this brand’s integrated
marketing programs. You should consider how all the marketing mix elements such as the brand
name, price, retail channels and other marketing elements communicate with the company’s
target audience. Are all the marketing tools used by the brand integrated and sending a consistent
image and message for the brand? Provide your recommendations for betterment of the same.
Ans:
2. Sales Promotion – short term incentives to encourage the purchase of a goods or services
Advantages – used in B2B marketing, effective tool in certain stages of buying process,
can build buyer preferences, convictions & actions, personal interaction, flexible (can
adjust), buyer feels a greater need to listen/respond
Disadvantages – sales force requires longer term commitment than advertising, most
expensive promotional tool
4. Public Relations – building relationships with company publics via favourable publicity,
corporate image & media handling
Advantages - very believable (news stories, sponsorships & events), reach those who
avoid ads/salespeople, dramatise a company or product (gets to the buyer as ‘news’)
Disadvantages – can backfire
5. Direct & Online Marketing – direct connection with carefully targeted consumers to gain
immediate response & long term relationships
Wall Street Journal. It was followed by TV and print ads that talked about various Internet
issues.
By the end of 1997, knowledge of e-business was up 25 percent among its core target audience
of competitors, according to Ogilvy, as was the concept's association with IBM.
Patanjali Logo
Patanjali’s logo clearly communicates all the values that Baba Ramdev and the
company stands for. The simple design and white background speak for the simplicity
and purity of the brand’s products. The logo has the following main components, each
signifying a different value.
The symbol of ‘Om’- the core of the Hindu religion and Indian traditions forms the core of
Patanjali’s logo- representative of a key value propagated by Ramdev- Go back to Ayurveda.
Content Marketing: The Core of Patanjali’s rather Baba Ramdev’s IMC Strategy
Let’s begin with understanding what content marketing is. It is creating and distributing
relevant and valuable Content to attract, acquire, and engage a clearly defined and
understood target audience. In simpler terms, attracting consumers to our product, not by
bombarding them with incessant ads but by educating them on the general sphere where
we operate.
Patanjali following a Non-Pushy communication strategy. When someone forces us to try
out a product we might have a bias to reject it as overselling.
Patanjali overdid even its own stupendous record in the distribution department. There is
hardly any village, any city in India where one cannot find these products.
The fundamental philosophy of Patanjali has always been to target families and the older
generation but they have started changing their strategy to attract the youth too.
The popularity of the company’s products in households (I saw the example at my home. My
family which was never a brand loyalist, is now an ardent follower of the brand), tie-ups
with retail giants like Big Bazaar, partnerships with DRDO and Khadi Bhandar and Amazon,
presence in international markets with almost negligible expenditure on advertising
and promotion- all this shows how successful the company has been. The best part about
the company’s strategy has been that it has gained customers by affecting their core beliefs-
and this is the ideal way of gaining long-term customers.
Recommendations
The company has been doing well till now because it has been into a franchise model
and the fan following of Baba Ramdev has helped reach the company such heights.
But this model and the current target market (the fan base) is on the point of reaching
Saturation. This is why the company has decided to enter the traditional retail model.
To succeed in this sphere, the company will have to change its policy. With such stiff
competition, the company will have to move towards traditional mediums of
communication, with more focus on TV advertisements.
The company also needs to pay more attention towards its social media assets-
generate more user activity. These assets can be of great value especially to connect
to the youth, something that Patanjali has not been able to do so well till now.