Jan
18

KFC Popcorn Chicken All Set To Storm The Fast Food Market

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kfc popcorn

A few days back, I came across an advertisement of the new offering by KFC (Kentucky Fried Chicken) : Popcorn Chicken. Unfortunately Bhubaneswar does not have a KFC outlet as yet and hence could not try out their latest offering. But today I happened to chance upon this TVC by KFC promoting their Chicken popcorn.  The commercial has ignited my taste buds and I can not wait to grasp my hands on a KFC popcorn packet.

Priced at an attractive price point of Rs. 49 and Rs. 89 ( comparable to flavored popcorns available in theatres), KFC seems to have got a winner on their hands. Through chicken popcorn, KFC has infact broadened its fast food category and with no such product available in the Indian market, sales are definitely going to shoot up. Must say O&M has done a great job with the KFC commercial. This category creator is sure to have the KFC cash registers ringing.

Watch the  KFC Popcorn Chicken Commercial created by Oglivy & Mather

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Jan
17

It’s Not CAT or XAT – What Matters Is PAT

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Attitude matters

CAT  2010 results are out. It just seems like yesterday when I was grumbling about CAT 2009 results, saying how unfair they had been and discussing with friends, that instead of having an online exam like this, they would be better off distributing lottery tickets. Hundreds of dreams crashed. Efforts gone into the drain.

One year has passed and the situation seems to be the same. Random percentiles doled out. People who used to previously ace their mock tickets, have landed up with nightmarish percentiles. Dreams crashed. Efforts gone into the drain.

While last year, one could rely on XAT, which has been having a pattern as consistent as a Yash Raj Film storyline, this year XAT also proved that it too can surprise. Through friends ( some are still in shock) who have had the one in a lifetime opportunity of answering the horrifying paper of XAT 2011, it seems that CAT aur XAT dono ne band baaja daala is saal.

Students getting all angry and filing PILs, planning to take the IIMs to the court, RTIs are being filed, and face book communities like these are being created. While my heart would want me to believe that this would lead to some tangible results and justice to hundreds of students be provided. But from past experience I know what is going to happen. Students will fight, IIMs will start with their GDs and PIs, Students will fight, IIMs will give their admission letters, Students will fight, IIMs will start with their academic season, Students will start preparing for CAT 2011 (preparations this time will also include praying to be in the right slot during the CAT exam).

Being at the other side of the fence, this year it might be easy for me to comment but this is what I have learned over the last year through experiences of my own and my friends. At the end of the day, an exam is an exam, its not something that can change or destroy your life. Well, yes an IIM or a XLRI may definitely make life easier for you. But it is finally within you to decide what course you want your life to take. And believe me an IIM or for that matter a MBA degree can not decide your future. Its your attitude towards life which will  frame, mould and sculpt your future. Check out some of the top businessmen, find out how many are MBAs and you will get to know for yourself, that at the end of the day MBA is just another degree, what is important is your attitude towards life and the ability to crack the  challenges that life throws at you.

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Jan
13

The 5 P’s Of Bollywood Marketing

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This article was featured in IIM Shillong’s monthly B School Newsletter for Marketing. Download it here.

One of the largest money churners in India, Bollywood: the business of making movies, for which once marketing meant putting up Eastman Color posters across the streets of Mumbai has evolved dramatically. Bollywood producers and filmmakers have realized that their movies are products that need to be branded, positioned and targeted at the right audience. The recent Salman Khan starrer, Dabangg which was made on a budget of 30 cr. had a marketing budget of 12 cr. That is a whopping 40% of the movie budget. The high marketing budgets are not just the norm for big budget films, Peepli Live a film made on a budget of Rs. 10 cr. had a marketing budget of Rs. 4 cr.

While Bollywood scripts have far from evolved, with the same stale movies being churned out day in and out, the way Bollywood is marketing its movies, would make Kotler proud! Here is my take on the 5 P’s of Bollywood marketing with examples of many movies released in the recent past.

The 5 P’s of  Bollywood Marketing

  • Product: The entire cinema experience is the product that you as a filmmaker are trying to sell. When a middle class worker spends Rs. 200 to watch a movie, he is paying more for the experience than for the movie itself. Bollywood marketers realise that marketing movies means selling the entire experience of watching a movie to its end consumers. Moviemakers need to understand which category their movie belongs to it and which audience it aims at targeting. Hence, the marketing strategy for a Dabangg and a Peepli Live would be poles apart. While Dabangg was targeted at the masses and single theatre screens, Peepli Live was targeted at the multiplex audience. Hence Dabangg’s promos reflected the masala experience that the masses will relate too while Peepli Live’s promos had sarcasm and black humor which would generate interest among the multiplex audience. UTV Motion Pictures Marketing VP, Shikha Roy says, “Most of the promos were shot separately and not as a part of the movie, to generate a kind of viral campaign and to have the people talking”.

Dabanng SalmanMarketing is all about catering to the needs of the consumers and making profits by satisfying those needs. Who better to know this than filmmaker Mahesh Bhatt, most of the recent films made under his banner Vishesh Films revolve around recent controversies. Vishesh Films’s latest offering, Crook, is centred around the racial attacks on Indian students in Australia. Such subjects which the public relates to help gather enough interest and curiosity amongst them.

Bollywood makers are also giving a lot of thought to the naming of their products (movies). Like other products, movie names too should reflect the spirit, genre and feel of the movie. Gone are the days when a name like “Vijay” would sell, Innovative names are the order of the day. Dibankar Banerjee is one filmmaker who gives a lot of thought and importance to the naming of his films. His last offering “Love, Sex And Dhoka”, made on a shoestring budget of 2 cr. caught the eye balls of the youth just on the power of its unique name. The name of the movie was enough to generate curiosity in the minds of the public and attract them towards the movie screens.

  • Placement: The timing of the launch of a product is a crucial factor in determining its success. Similarly, the release date of a movie is one of the smallest but most significant factor in determining the success of the movie. Observe for the past few years the biggest blockbusters are released during the Diwali season or during the Christmas Eve. What is the common link between Taare Zameen Par, Ghajini and Three Idiots? Apart from the fact that all these blockbusters star Aamir Khan, the movies have their release date as 25th December. Filmmakers nowadays invest a lot of time in deciding the right time for releasing a movie. Even a good movie Peepli Live aamirreleased during the exam season of students or if it is clashing with a major event such as IPL cricket extravaganza may get a dismal opening. Film makers also watch out if any big banner movies are being released during the same time as theirs and accordingly postpone or pre pone their release. Karan Johar, on his show Coffee With Karan once asked film maker Farah Khan what would she do if she realised that a Himesh Reshammiya movie was releasing at the same time as her’s. Farah replied with a smile, “I would postpone my movies release date”. That was the time when Himesh had the Midas touch.

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Jan
10

Maar De Sitiya : Tanu Weds Manu

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Just came across this rather refreshing trailer, of this Bollywood flick, Tanu Weds Manu.

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While R. Madhvan seems perfect in the role as a hopeless sacrificing lover, Kangana seems to be terribly miscast. I believe Anushka Sharma who gave a wonderful core Delhite performance in Band Baaja Baarat should have been the female lead. While the story does look cliched and predictable, what seems to be the strength of the movie is its lovable and memorable characters. Looking forward to watching this flick. Hopefully it will not disappoint.

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Dec
31

Change Republic : Solving Issues Through Social Collaboration

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There are many occasions when we see things that are happening around us that do not appear right . Examples could be corruption, slum kids not getting proper education, poor families not getting basic food to eat. We have an urge to change the system, a burning desire to contribute to the society. But engrossed in our daily lives and the attitude of “How Can I Alone Change The System” we barely do anything.

Keeping this point in mind ChangeRepublic came into existence. ChangeRepublic is a social collaborative platform that provides NGOs, social activists and volunteers to come together on a common platform. After registering they can then create initiatives and gather support from others on ChangeRepublic to ensure success for their causes.

For me, ChangeRepublic is a social collaborative platform where changers can help get support to drive their initiatives  to make a better society. So tomorrow when you are bothered by an issue and want to do something about it, all you need to do is to “Create An Initiative” on ChangeRepublic, and you would be surprised by the number of people who join your initiative and feel about the cause as much as you do.

So its not  about “How Can I Alone Change The System” its about “How We Together Are Going To Change The System”.  If you already have not, Join Change Republic here.

Dec
22

InkFruit Shirts : A Cool Business Model

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A friend recently was wearing a rather interesting shirt based on a Facebook theme, a good design and an interesting theme. On inquiring, he informed me about this site, Inkfruit.com from where he had made a purchase. A cool and catchy name isn’t it?

Inkfruit.com has used a blue ocean strategy and entered or for that matter created a market space which for that matter was unavailable at least in India. Instead of being just another place for selling shirts, it in fact is a place for T Shirt designers to hangout.

Inkfruit.com is a T shirt store with a difference as it works on a social model. It has taken CrowdSourcing to the next level, where in the site works on a business model by which it asks users to create its Shirt designs, pose in their Inkfruit shirts and also create their own Inkfruit stores to sell shirts online. This has lead to a host of very creative shirt designs and a T-shirt store which is hatke from the rest. Some other things to make the T Shirt store social and different are : integrating your FB account with inkfruit for logging in, providing you with a profile page wherein you can post scraps and make friends.

The fact that Inkfruit’s Facebook page has managed 12,000 + fans within a short span is testimony to its popularity.

Buy Inkfruit Shirts

How To Get your Free Inkfruit Shirts

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Dec
03

Now Trailers For Books : Revolutionary Marketing

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How does one market books? Through advertisements in magazines or newspapers?

Even that is rare. People mostly just go by word of mouth or reviews on Amazon.com for deciding which are the best books in the market and which satisfy their literary desires. While movies are marketed with a lot of pomp and grandeur, why does one discriminate when it comes to marketing books?  In fact the money spent on books, the time consumed for reading a book, is far greater than that of watching a movie. And, yes there are even far more competitors to compete with for books than there are for movies. So, it definitely is surprising why marketing books has not innovated and not changed to an aggressive push strategy.

But things are definitely looking to change. Why should movies have all the fun says the author of Engage, Brian Solis. Brian Solis has started promoting his book by using a movie like trailer for the book.

Engage The Book Trailer

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