Category: Brands

  • Why storytelling is crucial in content marketing

    Why storytelling is crucial in content marketing

    NEW DELHI: Storytelling in content marketing is a vital tool to connect with the audience. Content marketing has always been used in a more personal manner. However, in today’s digital era, brands are eager to not only be creative in their advertising but also using content to sell, connect and engage.

    Madison Media Digital creative director Anuradha Agarwal says, “Content marketing can be the most cost-effective way for a new entrant to make a mark in a highly competitive market or for more established brands to play a larger role in the consumer’s life. Storytelling is a tried and tested means to create stickiness in an era where audiences are constantly distracted.”

    22feet Tribal Worldwide president Preetham Venkky also opines that content marketing has a significant role to play in establishing trust towards a brand. However, the main challenge marketers face is that they don’t have the relevant KPIs in place to justify spends on content marketing.

    According to him, “Brand marketers have short-term KPIs and look at monthly or quarterly KPIs linked to TOMA / SOV or equivalent. For content marketing to play a key role, the KPIs to marketers need to go beyond short-term and focus on the long-term.”

    Venkky also explains that marketing saturation has made consumers distrust content that comes directly from the brands because it seems too sales-y. “Brands have to learn to be more benevolent and not look at directly measuring the business impact of every piece of content produced,” he says.

    In the post-digital world, Venkky says that there is a shift in trust from brands to aggregator platforms. “With plenty of aggregator players in each industry investing heavily in content marketing (their primary source to grow their offering), brands will find it difficult to compete with them,” he adds.

    Kumar Deb Sinha, executive VP, Dentsu Aegis Network and country head, The Story Lab India explains that advertising is based on fabricating brand stories to amplify the features of the product and their usage to stand out. This model worked until the volume of advertising became overwhelming for a consumer.

    He says, “Content marketing starts playing a larger leadership role when marketers evolve to this realisation and use marketing as a tool to tell relevant consumer stories rather than brand stories. Some of the best examples of content marketing happen today in B2B marketing, where brands share content (whitepaper, research, latest trends, etc.) proactively with their prospective and existing consumers and initiate a conversation with him/her. A B2B marketer understands the significance of content marketing as the primary tool of engagement with their consumers. For a B2C marketer, unfortunately, it is still lagging behind the traditional routes which help reach a mass audience at low cost with minimal engagement.”

    If used right, it can play a leadership role in the broader marketing planning of a brand. “For any effective content marketing approach, brands should focus on seamless storytelling across platforms to keep an audience engaged over time. A content-first, platform-specific approach is the need of the hour,” shares YAAP partner Manan Kapur.

    Agarwal shares, “Brands need to find their place in this new world and connect with audiences through content that adds value to their life. The more authentic, credible and humane brands become, the better chances they have of building a loyal audience base."

    Sinha explains that trust is dependent on many things. Foremost amongst them is product experience. If the product doesn’t live up to the experience promised or expected by the consumer, no amount of content marketing or advertising will ever deliver trust.

    “It should be measured against parameters like relevant conversations it has driven for the brand (which is linked to brand marketing objective), engagement score vis-à-vis competition, sentiment analysis leading to the word of mouth and brand advocacy by their consumers and followers. It is the journey of falling in love with a brand,” he says.

    With other forms of engagement taking importance, such as influencer and social media marketing, brands may think content marketing is outdated. Sinha believes that influencer and social media marketing is the easiest entry point but content marketing isn’t limited to this.

    “I feel marketers/agencies miss the larger picture. We leave our content marketing effort limited to influencers and digital films only. We don’t take the conversation forward with our consumers that we have initiated through these initiatives. Content marketing can’t be a start and stop engagement through few initiatives a year. It has to be sustained engagement generating conversations around the year. And once you have sustained engagement, you will drive strong and meaningful conversations with consumers,” he says.

    Indiantelevision.com founder, CEO and editor in chief Anil Wanvari says that there’s a lot of promotion happening in terms of TVCs, digital content and messaging by brands asking consumers to buy their respective products; which works contrary to the communication's objective. Because of the barrage of communications, consumers develop a blind spot to it when it is being served to them.

    “To get the consumer's attention, a piece of communication needs to stand out . One way is to tell an engaging story, with different messaging. It tends to get larger traction if targeted right. It’s important that the messaging goes to the right set of audience. A consumer enjoys engagement with which he is able to resonate. A brand can sell a product by talking about its benefits or by weaving it into a piece of content well told but it needs to have a connection with its consumer,” he says.

    “We recently partnered with ZEE5 and created content around Sushant Singh Rajput on which we got millions of impressions on Indiantelevision.com's sister  brand TellyChakkar.com. Zee5 wanted to communicate to its subscribers and potential subscribers that they could watch Suhshant's shows on the streaming service. We produced a piece of native content which talked about Sushant's greeat attributes, his life, his charm, and his shows. Fans loved it. It was shared, it created a lot of buzz, and conversations. It was a more effective way of communication; as it was very sticky too. Engagment, virality, go to a different level if a piece of communication has a story which is told well,” Wanvari adds.

    If there is a long-term vision in place, content marketing can help humanise the brand, build authority trust and credibility, create awareness, generate organic sales and gradually, build loyalty.

  • Zomato progresses a step ahead in inclusivity; announces menstrual leaves

    Zomato progresses a step ahead in inclusivity; announces menstrual leaves

    NEW DELHI: “How many times have you had to send a message to your team saying “unwell today – taking the day off” and having to answer concerned questions about your health with a feeble “stomach upset / weakness” when you really wanted to say “on my period, terrible cramps – need a heating pad, some chocolate and a lot of green tea (or something stronger) so I’m taking the day off”?”

    This is how Zomato founder and CEO Deepinder Goyal started an interesting letter he sent the employees working at the restaurant aggregator and food-delivery company this Sunday. He was introducing an optional 10-day period leave policy for the women of Zomato, in a progressive step, becoming the third Indian company on-record to take menstrual leaves. Earlier, digital media company Culture Machine and independent digital agency Gozoop had announced such a policy for their female employees, back in 2017.

    Zomato is extending this option of taking 10 extra leaves a year during menstruation to its transgender people as well. Any person facing unnecessary harassment or distasteful comments from colleagues for taking a period leave can report them to an internal POSH committee via email.

    Goyal wrote, “At Zomato, we want to foster a culture of trust, truth and acceptance. Starting today, all women (including transgender people) at Zomato can avail up to 10 days of period leaves in a year. There shouldn’t be any shame or stigma attached to applying for a period leave. You should feel free to tell people on internal groups or emails that you are on your period leave for the day.”

    In its run to inclusivity, Zomato had earlier announced a 26-week paternity leave as well.

    Menstrual leaves became an issue of widespread debate in the country when “The Menstruation Benefit Bill” was tabled by Ninong Ering, a member of parliament from Arunachal Pradesh, in 2018, with forces against it citing increased workplace harassment and gender discrimination at the workplace as a reason.

    However, several countries have these policies in place for decades. Japan had passed a law allowing women with debilitating periods to take days off in 1947, more than 20 years after Japanese labour unions started demanding it. Indonesia announced two days of menstrual leave per month under its Labour Act in 2013. As of 2015, women in Zambia are legally entitled to a day off each month during periods and one has the right to prosecute the employer if denied.

    In South Korea, not only are female employees entitled to menstrual leave but they are also ensured additional pay if they do not take the menstrual leave that they are entitled to.

    In India, as mentioned, the discussion is still in its nascent stages, however, and this decision by Zomato has met with mixed reactions on social media.

  • Brands go creative for 2020 mood calendar meme trend

    Brands go creative for 2020 mood calendar meme trend

    NEW DELHI: If people could borrow something from Harry Potter this year, it would probably be the time turner. Who wouldn’t want to go back and undo the year 2020 or stop COVID2019 from crippling the world?

    But since Muggles can’t do that, they must make do with the memes. Social media never backs out from coming up with a new challenge every now and then. This time, a new challenge is keeping netizens busy – 2020 mood of the month.

    It all started when celebrity Reese Witherspoon shared a meme capturing the many moods people felt in the year. Captioned “Yup. #2020,” Witherspoon’s Instagram post garnered over 1.4 million likes, showing just how deeply the meme resonated with people. It was widely shared and appreciated by netizens. From Priyanka Chopra, Mindy Kalang to many celebrities followed the trend but how can brands lag in the trend race?

    Many OTT players and entertainment brands leveraged this opportunity and came up with their own memes resonating with their audiences. Brands too tried to showcase the mood of the people in the year 2020. Here are some brands who decided to join the bandwagon:

    1. Sony Pix India:

    2. Sony Liv:

    Seems legit

    A post shared by SonyLIV (@sonylivindia) on

    3. Kotak Mahindra Bank:

    Sony Sports: https://www.facebook.com/SonySportsIndia/posts/3205422396209857

    5. South Africa Tourism:

    6. Warner Bros. Tv

    7. Netflix India:

    8. Amazon Prime Video India:

    moodposting ft. @bajpayee.manoj

    A post shared by amazon prime video IN (@primevideoin) on

    9. Alt Balaji:

    When will this calendar end? #ALTBalaji @sufisoul

    A post shared by ALTBalaji (@altbalaji) on

    10. MTV Beats:

  • Equitas Small Finance Bank Limited is now the official retail banking partner of Chennai Super Kings

    Equitas Small Finance Bank Limited is now the official retail banking partner of Chennai Super Kings

    Equitas Small Finance Bank Limited (the “Bank”), the largest small finance bank ("SFB") in India in terms of number of banking outlets as of March 31, 2019 (Source: CRISIL report), becomes the official retail banking partner for Chennai Super Kings.

    The Bank becomes the official retail banking partner for the Chennai Super Kings Indian Premier League (IPL) team and offers various product offerings for its customers. The offering includes Video KYC, Higher interest rates on Fixed Deposits than before and Savings Account to name a few. 

    Mr. Murali Vaidyanathan, President & Country Head – Branch Banking, Liabilities, Product & Wealth, Equitas Small Finance Bank Ltd., said, “Equitas SFB is happy to announce its appointment as official retail banking partner of Chennai Super Kings which is one of the most followed franchisee in the IPL with lot of followers. We believe that becoming an official retail banking partner of Chennai Super Kings gives us an opportunity to reach a larger audience which follows the Indian Premier League. We believe, like the game of cricket which is being followed by people across various ages, the various product offering of Equitas SFB also is equipped to cater to all customer needs.”

    Mr. KS Viswanathan, CEO, Chennai Super Kings said “We are delighted to have Equitas Small Finance Bank back as our official retail banking partner and are hopeful of a long and fruitful association.”

    Just like the marquee player of Chennai Super Kings, Mr. Mahendra Singh Dhoni who dons the Number 7, similarly the Bank offers its customers with 7.35% interest per annum on FD for 888 days and 0.60% extra for Senior Citizens.

    Mr. Murali Vaidhyanathan also adds, “Apart from offering competitive rates in the industry for customers we have also leveraged smart digital adoption of tech to free customers from physical contact or visits to branches. We believe Selfe FD is ideal for 'Do-It-On-My-Own' generation. These products offers customers to park their idle funds while earning interest”

    The Video KYC Process:

    ·         Customer receives SMS

    ·         Fills form before VKYC

    ·         Customer starts or schedules

    ·         Agent panel is able to see & interact with the customer video & customer’s location.

    ·         Random questions are asked from the customer on the basis of below data points :

    o   DOB

    o   Mother’s maiden name

    o   E-mail ID

    o   Address

    ·         Customer’s Aadhaar details are confirmed during the Video call

    ·         Wet signature is collected from the user by asking the user to switch the camera from front to rear

    ·         Customers are asked to submit the PAN card through the rear camera. The process can be extended to additional images to be collected.

    ·         In real time, text is extracted from the PAN Card.

    ·         Facial recognition is done on the image in the document with the image in the video.

    ·         Agent/Maker gives a final verdict depending on the individual activities.

    ·         The checker(s) can access this transaction by logging in their panel which will list all the available transactions.

    ·         Checker & Reviewer is able to see all the documents including the video recording & captured data in both textual & visual format (also in PDF format)

    ·         Checker does a concurrent audit of the whole process & accepts the application to move forward with the customer.

    ·         Rejection can be turned into a retry SMS with reason for rejection.

    Requirements for Video KYC

    ·         Aadhaar number and PAN Card

    ·         Uninterrupted data connectivity

    ·         Ample light & a clear background

    ·         Clear view of the customer’s face

    The Bank offers various Fixed Deposit products to its customers. Apart from the normal FDs the Bank also offers Selfe FD which is available to customers digitally.

    The tenure for the FDs are between 7 days to 10 years to suit the requirement of its customers.

    FDs booked with Equitas SFB comes with benefits like:

    ·         Can be withdrawn anytime providing the liquidity

    ·         Partial pre mature withdrawal allowed

    ·         No penalty for pre mature withdrawal above 6 months

    ·         AMB waiver for savings against the fixed deposit maintained (refer schedule of charges of savings) savings)(NOT APPLICABLE FOR GROUPING) (FD in lieu of AMB will be applicable subject to the holding pattern of FD and SB being the same)

    ·         Overdraft against FD available in savings and current account

    Bulk rates for FD’s equal to or above Rs. 2 cr will be as per the daily rates shared by treasury. Premature withdrawal penalty of 1% applicable on FDs closed before 6 months for retail term deposits and no premature penalty for senior citizens. However, TDS will be deducted as applicable.

    Customers can open Selfe Fixed Deposit (FD) online for value upto Rs. 90,000/-  with the Bank by keeping their Aadhaar Number and PAN handy; and then booking their FD online; and enjoying returns upto 7.75%* p.a. for 1 year. Selfe FD, a digital standalone Insta Fixed Deposit, envisages easy and effortless FD booking from the comfort of home, transactional convenience packaged by offering UPI VPA funding from any full-KYC non-Equitas bank account in India (linked in UPI). Selfe FDs are designed with certain additional features to the traditional products, which we believe will add value to the FD account and make the overall proposition attractive to the end customer.

    (* rates subject to change from time to time. Customer should refer our website, www.equitasbank.com for the latest rates before booking FD)

    Equitas Small Finance Bank Limited is the largest SFB in India in terms of number of banking

    outlets, and the second largest SFB in India in terms of assets under management and total

    deposits in Fiscal 2019. (Source: CRISIL report). As of September 30, 2019, its distribution channels comprised 853 Banking Outlets and 322 ATMs across 15 states and union territories in India. Its focus customer segments include individuals with limited access to formal financing channels on account of their informal, variable and cash-based income profile. It offers a range of financial products and services that address the specific requirements of these customer segments by taking into account their income profile, nature of business and type of security available. Its asset products are suited to a range of customers with varying profiles. These include provision of small business loans comprising loan against property, housing loans, and agriculture loans to micro-entrepreneurs, microfinance to joint liability groups predominantly comprising women, used and new commercial vehicle loans to drivers and micro-entrepreneurs typically engaged in logistics, MSE loans to proprietorships, and corporate loans. On the liability side, its target customers comprise mass and mass-affluent individuals to whom the Bank offers current accounts, salary accounts, savings accounts, and a variety of deposit accounts. In addition, it also provides non-credit offerings comprising ATM-cum-debit cards, third party insurance, mutual fund products, and issuance of FASTags.

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  • BARC week 30: Rummy Circle returns to the list

    BARC week 30: Rummy Circle returns to the list

    NEW DELHI: The Broadcast Audience Research Council (BARC) of India has released its data for top advertisers and brands for the period between 25 July to 31 July 2020.

    The data reflects the top 10 advertisers and brands across genres on India television, 2+ Individuals, NCCS All demonstrating ads that were inserted the most in the 30th week of 2020.

    Top advertisers:

    Hindustan Unilever continued to be the biggest advertiser this week it got 280449 impressions. It was followed by Reckitt Benckiser which ranked second with 150176 ad impressions.

    Brooke Bond Lipton India Ltd bagged the third spot with 40371 insertions. ITC Ltd and Colgate Palmolive India secured the fourth and fifth place with 38783 and 36073 ad insertions respectively.

    Amazon Online India Pvt Ltd bagged the sixth spot with 25411 ad insertions.

    Other top brands in the pecking order were as follows: Amazon Online India Pvt Ltd, Wipro Ltd, Procter & Gamble, Godrej Consumer Products Ltd, Ponds India.

    Rank Advertiser Insertions
        Week 30
    1 HINDUSTAN LEVER LTD 280449
    2 RECKITT BENCKISER (INDIA) LTD 150176
    3 BROOKE BOND LIPTON INDIA LTD 40371
    4 ITC LTD 38783
    5 COLGATE PALMOLIVE INDIA LTD 36073
    6 AMAZON ONLINE INDIA PVT LTD 25411
    7 WIPRO LTD 25288
    8 PROCTER & GAMBLE 25186
    9 GODREJ CONSUMER PRODUCTS LTD 24883
    10 PONDS INDIA 23130
    TOP 10 Advertiser *Across Genre : All India (U+R) : 2+ Individuals, To get this data on your Twitter timeline, tweet with #BarcTweet Top 10 Advertisers

    Top Brands-

    Wheel Active 2 in 1 for the first time became the top brand this week with 16997 ad insertions. Dettol Toilet Soaps this time came in the second position with 16699 ad insertions. Lux Toilet Soap bagged the third spot, like last week, with 16640 ad impressions.  

    The fourth and the fifth spots were acquired by Dettol Antiseptic Liquid and Surf Excel easy wash with 16471 and 15720 ad insertions respectively.

    The sixth position was grabbed by Rummy Circle for the first time in the last so many weeks with 13676 ad insertions.

    Other top brands in the pecking order were as follows:  Colgate Swarna Vedshakti, Lizol, Horlicks and Dettol Liquid Soap. 

    Rank Brands Insertions
        Week 30
    1 WHEEL ACTIVE 2 IN 1 16997
    2 DETTOL TOILET SOAPS 16699
    3 LUX TOILET SOAP 16640
    4 DETTOL ANTISEPTIC LIQUID 16471
    5 SURF EXCEL EASY WASH 15720
    6 RUMMYCIRCLE.COM 13676
    7 COLGATE SWARNA VEDSHAKTI 12990
    8 LIZOL 11791
    9 HORLICKS 10904
    10 DETTOL LIQUID SOAP 10678
    TOP 10 Brands *Across Genre : All India (U+R) : 2+ Individuals, To get this data on your Twitter timeline, tweet with #BarcTweet Top 10 Brands
     
  • Jubilant FoodWorks forays into FMCG category with ‘ChefBoss’

    Jubilant FoodWorks forays into FMCG category with ‘ChefBoss’

    NEW DELHI: Jubilant FoodWorks Ltd (JFL), one of the largest foodservice companies in India and master franchisee of Domino's Pizza and Dunkin' Donuts, today announced its entry into the Rs 500 crore ready-to-cook segment with the launch of a new brand, 'ChefBoss'. The 'ChefBoss' range of sauces and pastes includes eight different products across two types of cuisines (Indian and Chinese) and will initially be exclusively available for consumers across e-commerce portals. The online sale of products will shortly start with Amazon (National), Flipkart Supermart (NCR, Mumbai and Bangalore) and Milkbasket (NCR). The brand plans to expand product availability by adding more e-commerce platforms as well as retailing through supermarkets and hypermarkets in the near future. 

    ChefBoss has been built on the insight that consumers are looking to explore and add more cuisines to their home cooking. The brand endeavour is to solve problems around cuisine exploration, by making this quick and easy for consumers. 

    The launch targets modern Indian consumers who enjoy trying different cuisines at home. The product ranges from Indian cuisine solutions such as Hyderabadi Biryani paste, Lucknowi Biryani paste, Makhani gravy and Bhuna gravy. Chinese cuisine solutions include Manchurian cooking sauce, Schezwan cooking sauce, Hot Garlic cooking sauceand Honey Chilli stir fry sauce & dip. The productrange comes in convenient sizes of 150gm to 200gm, and competitively priced between Rs 75 to Rs 100 per pack.

    Jubilant FoodWorks  chairman Shyam S Bhartia and co-chairman Hari S Bhartia said, "We are delighted to enter the Indian FMCG segment with 'ChefBoss'. This brand is based on our sound understanding of the Indian consumers' taste preferences and our commitment to provide the best quality products. Our research suggests that consumers now, more than ever before, are looking to explore and add new dishes to their cooking. We believe ready to cook products that are quick and easy to make, are the right solution to aid consumers in the endeavor to broaden their culinary expertise.” 

    Jubilant FoodWorks  senior VP – new business Vikram Sabherwal said, "The demand for ready-to-cook food products has been increasing over the last few years on account of busier lifestyles of consumers and their desire to explore different cuisines at home. During Covid2019 we have seen an acceleration of this trend and therefore an exponential growth in demand for ready to cook products. With the launch of ChefBoss, we aim to fulfill our consumers' demand to enjoy various cuisines in a quick and easy format.” 

  • Tourism Australia says need of the hour is to educate customers

    Tourism Australia says need of the hour is to educate customers

    NEW DELHI: Since the announcement of various unlock phases, business and economic activities have gradually resumed. However, the future is still uncertain for the tourism industry. In a bid to stay afloat amid Covid2019, the travel industry is seeking new ways to engage customers.

    According to Tourism Australia country manager (India & Gulf) Nishant Kashikar, there is a slow but promising rise in queries related to travel.  “People are increasingly seeking out alternative dwellings and short escapes, which is expected to foster a demand for homestays.”

    The revival of the sector, as in the case of every other industry, still largely depends upon the recovery curve across geographies and the timeline allocated for the same.

    He said, “We are optimistic that the travel industry will continue to remain resilient in the face of this adversity and revive soon.”

    Kashikar feels that the need of the hour is to educate consumers. “It is now more essential than ever to reach out to audiences across the world by sharing content that continues to engage them positively while also transparently relaying information on the protocols implemented.”

    He affirms that the brand will continue to communicate all necessary health, safety and well-being measures to ensure the safety of customers.

    Kashikar adds that in a world where brands have little or no physical contact with their customers, effective utilisation of both traditional and digital mediums of marketing is taking precedence. It is imperative for brands to maintain high top of mind recall and positive engagement with customers through these times.

    According to him, brands will effectively use different sets of mediums to communicate as its necessary to do instead of a pause. “This trend will be further supplemented by the large spike in consumption across OTT platforms, social media, and television by global audiences, amid the lockdown. Each of these can be creatively leveraged to reach out to a diverse target audience,” he says.

    He also adds, “One must effectively utilise all their available mediums of communication to educate customers about the prevalent scenario and safety protocols implemented for their welfare whilst also building reassurance.”

    The summer season was a washout but the festive season is expected to bring some relief for domestic tourism. The brand also believes that the festive season will see people opt for staycations to close boundaries.

    Kashikar explains, “The festive season will definitely usher in some positivity directly proportionate with consumption and spending. This may also imply that while customers may not be ready to travel at the advent of the season, they are likely to start planning and booking for holidays and experiences in advance.”

    “While one cannot predict which markets will revive earlier, given the uncertain nature of the pandemic, in view of travel, we are anticipating a surge in activity from the ‘revenge traveler’, once borders open up,” he concludes.

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  • Hotel industry realigns marketing strategies to manage empty rooms

    Hotel industry realigns marketing strategies to manage empty rooms

    NEW DELHI: Undoubtedly, the hospitality industry is one of the worst hit due to Covid2019. Though the government has lifted major restrictions in various Unlock phases, there has been no significant improvement in the footfall of customers. Small guest houses are on the verge of closing down.

    According to a survey by real estate consultancy firm JLL, just 20 per cent of the operators believe that their hotels could bounce back to 2019 revenue per available room or RevPAR levels within six to 12 months.

    Companies are adhering to new standard operating procedures.

    OYO Hotels & Homes head of global brand Mayur Hola opines that the situation won’t improve straight away, unfortunately. “We’re equipping our asset owner partners with the knowledge they need to be able to qualify as Sanitised Stays and we’re monitoring this constantly. There’s a set of processes to follow to get the Sanitised Stays tag on our app. Slowly but surely our loyal base is returning to the fold.”

    The Park Hotel, which has a robust presence in the Indian market, is undergoing mandatory hygiene, safety, sanitisation and social distancing protocols training.

    Apeejay Surrendra Park Hotels Ltd corporate director (communication & PR) Ruchita Mehta explains the brand is using this time to prepare strongly, learn new things and come back with a greater understanding of the nuances.

    The brand has launched S.H.I.E.L.D, an all-encompassing program that brings the best of luxury, design, hygiene, safety and service excellence all under one roof. 

    "We have launched our campaign We are Open – where we inform our audiences about the hotels being reopened bolstered with SHIELD. We made our audiences aware about the program through a precursor video, followed by a launch video," says Mehta. 

    She says, “The guest needs to have trust in the brand and any brand which will have a higher trust value in terms of sanitisation will see a faster set of people coming back. We are reaching out to our valued patrons about elevated sanitisation protocols being adhered to through our website, e-mailers, and social media. It is a healthy mix of every platform.”

    She affirms that the brand has seen a lot of people traveling via road to its hotels in Jammu, Goa, Jaipur, Jodhpur, Vizag, Serampore – where the COVID2019 situation has been managed well.

    “Times are changing and so are the ways to reach out to target audiences. Now more than ever, the need to adapt to integrated communications has risen. Digital and social media consumption is on an all-time high, which gives brands an opportunity to up their consumer-engagement levels with minimal expenses,” Mehta adds.

    EaseMyTrip founder Nishant Pitti, in a recent interview with Indiantelevision.com, said, “we expect that the new normal shall emerge within this quarter itself and shall remain constant till a cure for COVID2019 is developed, post which the whole sector will quickly grow to pre-COVID level."

    On coming out with new campaigns, Hola explains that mass dissemination of any message/campaign would be wasteful and unfocussed with the uncertainty, restrictions, and lockdown variance across different states. To effectively roll out a campaign that informs and engages our users for Oyo has focused its distribution amongst its frequent user base (referred to as power users).

    “Every single brand in the hospitality industry will have the responsibility to ensure the safety of its guests and inform all stakeholders about the same. There will be a layer of Sanitised Stays on all our marketing efforts going forward,” he adds.

    Business travel is expected to reduce in the post COVID2019 world as companies will rationalise spending on travel. It is also likely that domestic tourism will pick faster as compare to international travel.

    Mehta shares, “We estimate faster pick-up of domestic travel, which in turn, will give the required push to domestic tourism. Local for Vocal aspect is also finding strong grounds, which will help Indian tourism in regaining strength.”

    Festive season is likely to see some people step out for short trips, as per brands.

    Mehta shares, “I would like to believe by the time we reach the festive season we will have much to celebrate and rejoice. But also, a lot will depend on when can one expect a vaccine.”

    Pitti is hopeful that the festive season will definitely bring some positivity to the sector. “There will be an uptick in transactions, but this uptick would be very small in comparison to the splurge that was seen during the festivities of pre-Covid2019 times.”

  • DMart is most preferred brand for grocery: Kantar CX+ report

    DMart is most preferred brand for grocery: Kantar CX+ report

    NEW DELHI: In today’s experience era, majority of CEOs believe customer centricity is essential for driving business growth. However, there is still a big gap between ambition and reality. While nearly all CEOs in India see the need to become customer-centric, just 37 per cent of consumers believe retailers offer truly customer-centric experiences, according to a Kantar CX+ study.

    The new CX+ study released by Kantar is the only sector-specific index that assesses retailers based on a unique combination of their customer experience scores. In addition, the study identifies each retailer’s Experience Gap – which quantifies the difference between their Brand Promise and the actual customer experience delivered.

    In the study conducted in early 2020, clear winners emerged in each of the sectors. Amazon was rated the top retailer in two sectors out of the three covered. DMart emerged as the winner in the grocery sector. While Flipkart figures in the top three in all sectors.

    CX+ reflects that providing excellent customer experiences is no longer enough. In a connected environment, brands and customer experience have become synonymous. Thus, the roadmap to growth is based on 5 key CX success factors:

    1.     Clarity of brand promise

    2.     Empowered employees

    3.     Empowered customers

    4.     Creating lasting memories

    5.     Exceptional delivery

    Kantar South domain lead for CX and commerce Asia Sushmita Balasubramaniam said, “We are currently going through major changes – economically and socially, and consumer priorities are changing in line with how the pandemic is unfolding. This has resulted in their purchases also changing, right from what they buy, where they buy, to how much they spend.

    "In this changed scenario, retailers need to tread even more carefully since they are dealing with situations no one has encountered before. Our CX+ study reveals that for many retailers, there is a huge gap between the brand promise and customer experience. The retailers who emerge as leaders are those who have delivered a superior customer experience that is matched with a strong brand promise thus giving them a distinctive ‘Experience Advantage’ over their competition.

    "Retailers have a tremendous opportunity to review their strategies, take the current challenges head-on and look for ways and means to service customer needs better in the coming months. They will have to do this in the presence of a strong traditional retail which became even more indispensable during lockdown times. Creating a shopping ecosystem with the customer at the centre – integrated retail that goes beyond just having a digital and physical presence, redefining the role of the physical store, offering safe yet personalized shopping environments are factors that will be critical to win.”

    Other findings underline the clear benefits of delivering strong customer experience – in the three retail sectors

    In grocery retail:

    ̶          Retailers that lead in the CX+ Index are 1.4x more likely to be recommended then those at the lower end of the index.

    ̶          The likelihood of their customers remaining loyal to them increases by 1.6x

    ̶          Retailers with whom the last interaction has been excellent become the most preferred retailer for the future in 1.4x cases.

    ̶          Delivering on basics is critical for a grocery retailer – variety and quality of products at good value coupled with ease of shopping – the key contributors to building a better experience

    In fashion retail

    ̶          Retailers that lead in the CX+ Index are 1.5x more likely to be recommended than those at the lower end of the index.

    ̶          The likelihood of their customers remaining loyal to them increases by 1.6x

    ̶          Retailers with whom the last interaction has been excellent become the most preferred retailer for the future in 1.3x cases.

    ̶          Fashion retail needs to deliver on many fronts, with range and value leading the pack. But, in-store experience – digital or physical and use of technology to deliver an enhanced shopping experience becomes a key differentiator

    In general retail

    ̶          Retailers that lead in the CX+ Index are 1.6x more likely to be recommended than those at the lower end of the index.

    ̶          The likelihood of their customers remaining loyal to them increases by 2.2x

    ̶          Retailers with whom the last interaction has been excellent become the most preferred retailer for the future in 1.3x cases.

    ̶          Like fashion, general retail also must deliver on many fronts. But, employees and support provided to customers to make the shopping process easier can be a key differentiator in experience

    The study analysed 6,068 retail customers in India and was conducted in early 2020.

  • Brands need to motivate consumers to buy during Onam

    Brands need to motivate consumers to buy during Onam

    MUMBAI: As Kerala preps itself for Onam celebrations, brands are trying to recoup some of the profits that had been forsaken because of pandemic. 

    At indiantelevision.com's ‘The Comeback Of Kerala: Onam Returns’, the fifth session was about understanding overall brand sentiments.This panel was moderated by Kalyan Jewellers independent director Anil S Nair. The panellists included Lodestar UM, IPG Mediabrands executive vice president Laya Menon, Asianet News Network VP Unnikrishnan BK, Malayala Manorama VP marketing Varghese Chandy, Zee Entertainment enterprises limited south cluster head Siju Prabhakaran, Mathrubhumi Group national cluster head Sunil Nambiar and Blue Star Ltd VP sales and marketing cooling and purifications products division C Haridas.

    According to Nair, for the past three years, Onam in Kerala has been affected by floods and now Covid2019. It has impacted the consumer requirements and sentiments.

    C Haridas said, “Though there is an air of caution, people will start spending from Onam. People are positive and they are hoping that the spending spree will start. Onam is the first festival in the long list, it is a melting ground for all product categories. However, consumers will need the right kind of value and motivation then they will be happy to spend.”

    He further added that consumers are actually spending on the basis of a need. In Kerala there is a surge in the sale in water purifiers and air conditioners to maintain the humidity. As per him it is a brand's responsibility to create a need in the market.

    Nambiar shared that in the past six months, there has been a total change in the way in which people have accepted this as new normal. He also added that except for the first few months consumer sentiment is more positive now. However, he believes that the Onam market is going to be very dynamic, but there needs to be a right plan to pull the consumers. Media also has a major role to play in that.

    Elaborating more about the media's role in influencing consumer sentiment, Unnikrishnan highlighted that the month of April came as a blow, but post 15 August he believes the market will pick up and from being in a saving mode people will start to spend.

    Menon pointed out that the usual classifieds are still coming and the level of briefs have not come down. As per her, Kerala is still doing better than other states, giving it a reason to become more optimistic. She also thinks that marketers across categories are looking at spending and advertising rates will go up.

    Prabhakaran said that brands should look at how they are responding during this crucial time. According to him, over-reliance on Onam is not a very good sign, there needs to be another festival where consumers have the propensity to spend.

    Panellists are of the common opinion that Onam is just not Kerala’s interest, it is nations interest to make it successful. It is the right time to sell products but for that there needs to be proper advertisement and promotions.

    Also, they noted that brands should not wait till 15 August to see how the market is performing, but they should start advertising now. Offers need to be floated now in order to create a buzz. Brands should give irresistible offers during this Onam to attract more consumers.