Professional Documents
Culture Documents
The 3 Musketeers
Kanan Pardeshi
Satyajit Roy
Sayantan Hazra
PROBLEM STATEMENT PRIMARY RESEARCH CUSTOMER JOURNEY BIG IDEA PROMOTIONS STRATEGY FINANCIALS & KPI’s
PROBLEM STATEMENT
Segregation of Problem
Frequency of Interior Painting
• Maximizing reach and awareness of Colour with AP app
• Increasing Number of Downloads • Living Room/Dining Room: Every 5-7 Years
Ideal
• Enhancing App usage and user engagement • Kitchen & Bathroom: Every 3-4 Years
Case
• Leveraging digital mediums and channels for 360-degree omni- • Bedrooms: 5-6 Years (2-3 Years for Kids’ room)
channel marketing • Hallways: 2-3 Years
INDUSTRY ANALYSIS
Paints Industry Scope of Case
Decoratives Industrial
Exterior Wall Interior Wall Wooden & Ancillary Automotive Powder Protective
Paint Paint Enamel products coating coating Coating
Painters & friends/ relatives are the most influential in choice of colour for customer as
they act as 1st touchpoint for the customer
PRIMARY RESEARCH
Number of Home/ Flat CATEGORISATION AGE PROFILES Home-owner for self-occupied homes
“Last year, I asked Mr. Gupta, my neighbour
Owners Interviewed for the contact of the vendor who painted
52 Aware of
AP app 14 his house. He recommended Asian Paints
and primer to me. The vendor got the
Retaile 25-35,
65-75, paints and made an informal contract to
Painter
r, 8% paint my house for a total sum of Rs.
Number of Retail Stores Rental
, 8%
8%4%
visited & interviewed propert
y, 7%
55-65,
24%
52.89 35-45,
32%
1,40,000/-”
- Nishant Yadav (Owner of 3,500 sq. feet
3 Colour Idea Home Average home at Mumbai)
5 Stores in
Kozhikode
Owner,
77%
Age
45-55,
32%
Home owner of flats/homes for letting out
2 AP Home Store in “I usually get my flat painted after every 11
Delhi months, when the Rental Agreement gets
over. It is also done every time a tenant
moves out, costing me about Rs. 50,000/-”
Number of Telephonic - Ritesh Mehta (Owner of 1274 sq. feet Flat
Influencer’s effect on Consumer’s Buying Decision
Interviews Consumer’s Mind-Space at Chennai)
12 16%
Painter
Contractor
13%
4%
Asian Paints
Retailer
• Reluctant to use App as
Berger Paints no benefits
37% Friends/Relatives • Tried to show own
12% 43% Nerolac Paints
Number of Painters/ Hardware Shops expertise to customers
Dulux Paints
Contractors Advertisement 24% Shalimar Paints • Don’t inform/ educate
Interviewed 24% 11% customers about App
5 Aware of
AP app 3 16%
Source: Primary Research conducted in New Delhi, Kozhikode and Slide 3 of 10 | Kanan | Satyajit | Sayantan
over Telephonic interviews from 12-08-19 to 18-08-19
PROBLEM STATEMENT PRIMARY RESEARCH CUSTOMER JOURNEY BIG IDEA PROMOTIONS STRATEGY FINANCIALS & KPI’s
PRIMARY RESEARCH
Number of Home/ Flat CATEGORISATION AGE PROFILES Home-owner for self-occupied homes
“Last year, I asked Mr. Gupta, my neighbour
Owners Interviewed for the contact of the vendor who painted
52 Aware of
AP app 14 his house. He recommended Asian Paints
and primer to me. The vendor got the
Retaile 25-35,
65-75, paints and made an informal contract to
Painter
r, 8% paint my house for a total sum of Rs.
Number of Retail Stores Rental
, 8%
8%4%
visited & interviewed propert
y, 7%
55-65,
24%
52.89 35-45,
32%
1,40,000/-”
- Nishant Yadav (Owner of 3,500 sq. feet
3 Colour Idea Home Average home at Mumbai)
5 Stores in
Kozhikode
Owner,
77%
Age
45-55,
32%
Home owner of flats/homes for letting out
2 AP Home Store in “I usually get my flat painted after every 11
Delhi months, when the Rental Agreement gets
over. It is also done every time a tenant
moves out, costing me about Rs. 50,000/-”
Number of Telephonic - Ritesh Mehta (Owner of 1274 sq. feet Flat
Influencer’s effect on Consumer’s Buying Decision
Interviews Consumer’s Mind-Space at Chennai)
12 16%
Painter
Contractor
13%
4%
Asian Paints
Retailer
• Reluctant to use App as
Berger Paints no benefits
37% Friends/Relatives • Tried to show own
12% 43% Nerolac Paints
Number of Painters/ Hardware Shops expertise to customers
Dulux Paints
Contractors Advertisement 24% Shalimar Paints • Don’t inform/ educate
Interviewed 24% 11% customers about App
5 Aware of
AP app 3 16%
Source: Primary Research conducted in New Delhi, Kozhikode and Slide 3 of 10 | Kanan | Satyajit | Sayantan
over Telephonic interviews from 12-08-19 to 18-08-19
PROBLEM STATEMENT PRIMARY RESEARCH CUSTOMER JOURNEY BIG IDEA PROMOTIONS STRATEGY FINANCIALS & KPI’s
Target Groups
Affluents Millenials
Key Insights •Inherited lots of wealth •New Home/Flat owners
• Out of 14 aware of the Asian Paints App, 5 customers • Has large homes, bungalows, • 1st touchpoint: Architect/
agreed they didn’t find the App much useful vilas Interior Designer
• • Internet & Mobile usage for • Tech-savvy; high indulgence
According to Business Insider, Mobile is the fastest
growing advertisement channel. Mobile search ad spend commercial purposes in Social Media
is expected to rise by ~25% while desktop search ad will •Both Rural & Urban areas •Metropolitan cities
decline Status Seekers Professionals
• Colour choices comes into picture for retail channel • • Office employees, less time
Seeks better social recognition &
• Dealers influence the contractors on the basis of stock in hand
showcases wealth
Geographical Variances availability with them of different brands and the • 1st touchpoint: Architect/ • Prefer discussion with
• Tamil Nadu, Maharashtra, Karnataka margin earned on those brands Interior Designers colleagues over tea breaks
and Andhra Pradesh experienced • Customer’s budget is the priority in the purchase • •Rely on specific apps
High concern for Homes
highest number of App users process. Also, repainting of homes exteriors is done once • Tier II & Tier III cities • Tier I & Tier II cities
• Tier 3 & 4 cities also using app other in 4-5 years and interiors once in 2-3 years, so customers
than Tier 1 and 2 cities generally prefer top quality product
Target Groups
Affluents Millenials
Key Insights •Inherited lots of wealth •New Home/Flat owners
• Out of 14 aware of the Asian Paints App, 5 customers • Has large homes, bungalows, • 1st touchpoint: Architect/
agreed they didn’t find the App much useful vilas Interior Designer
• • Internet & Mobile usage for • Tech-savvy; high indulgence
According to Business Insider, Mobile is the fastest
growing advertisement channel. Mobile search ad spend commercial purposes in Social Media
is expected to rise by ~25% while desktop search ad will •Both Rural & Urban areas •Metropolitan cities
decline Status Seekers Professionals
• Colour choices comes into picture for retail channel • • Office employees, less time
Seeks better social recognition &
• Dealers influence the contractors on the basis of stock in hand
showcases wealth
Geographical Variances availability with them of different brands and the • 1st touchpoint: Architect/ • Prefer discussion with
• Tamil Nadu, Maharashtra, Karnataka margin earned on those brands Interior Designers colleagues over tea breaks
and Andhra Pradesh experienced • Customer’s budget is the priority in the purchase • •Rely on specific apps
High concern for Homes
highest number of App users process. Also, repainting of homes exteriors is done once • Tier II & Tier III cities • Tier I & Tier II cities
• Tier 3 & 4 cities also using app other in 4-5 years and interiors once in 2-3 years, so customers
than Tier 1 and 2 cities generally prefer top quality product
Experience
How is the customer • Percent of new customers joining through digital channel • No. of poor ratings per month
experience on the digital • Trend on average time spent on activities • Churn Rate
channel? • Churn Rate
FINANCIALS
Channel Cost per view/click Total views/clicks targeted Cost GST (18%) Total cost Conversion Rate Expected Downloads
YouTube non-skippable ad 0.5 16,20,000.00 ₹ 8,10,000.00 ₹ 1,45,800.00 ₹ 9,55,800 8.90% 1,44,180
YouTube banner 12 4,86,000.00 ₹ 58,32,000.00 ₹ 10,49,760.00 ₹ 68,81,760 19.55% 95,013
Facebook Click 3.5 10,80,000.00 ₹ 37,80,000.00 ₹ 6,80,400.00 ₹ 44,60,400 7.80% 84,240
Facebook Carousel 3 8,10,000.00 ₹ 24,30,000.00 ₹ 4,37,400.00 ₹ 28,67,400 4.20% 34,020
Instagram Premium Media 3 6,48,000.00 ₹ 19,44,000.00 ₹ 3,49,920.00 ₹ 22,93,920 6.32% 40,954
Google Adwords - Premium Media 20 4,25,000.00 ₹ 85,00,000.00 ₹ 15,30,000.00 ₹ 1,00,30,000 36% 1,53,000
Total 50,69,000.00 ₹ 2,74,89,280
Microsoft Excel
Worksheet