Tag: retail

  • OnePlus partners with Croma for its OnePlus TV Category

    OnePlus partners with Croma for its OnePlus TV Category

    Mumbai: Global technology brand OnePlus has announced a retail partnership with Croma for its range of OnePlus smart TVs which are now available for purchase across select Croma stores and on croma.com.

    The extended partnership with Croma will enable OnePlus to further expand its offline reach and make its smart TVs more accessible to customers.

    The OnePlus Smart TVs are currently available for purchase at select Croma stores across Bangalore, Mumbai, Pune, Hyderabad, and New Delhi NCR, and will soon be accessible across all Croma stores in India in the coming months, it announced on Friday. As part of this extended partnership, all the OnePlus TVs will be available at Croma stores and croma.com including the latest OnePlus TV U1S.

    “The OnePlus TV U1S features a best-in-class 4K cinematic display, immersive audio experience, offers a seamlessly connected ecosystem, and is available in 50inch, 55inch, and 65inch variants,” said a senior spokesperson from OnePlus. “We have been consistently working towards expanding our offline presence, and our strategic partnership with Croma will further enhance our retail footprint in India and enable accessibility for our community.”

    As part of its ongoing retail partnership, consumers can also purchase smartphones, audio, and wearable products by OnePlus at Croma. “This OnePlus TV is going to make for a great new addition to the existing range of OnePlus portfolio which includes Smartphones & it’s accessories, Truly Wireless Earbuds and Smartwatches,” said Chroma spokesperson

  • Benetton India CEO Sundeep Chugh exits

    New Delhi: Italian retail group Benetton India has announced that its chief executive officer and managing director Sundeep Chugh has decided to leave the company.

    Ramprasad Sridharan will now take over as the CEO and MD on 7 June. An experienced professional in the fashion retail sector, Sridharan has worked for Reebok India Co., Lerros Fashions India Ltd., Clarks Future Footwear Ltd.India, C&J Clarks International UK and C&J Clarks International Singapore, where he held the position of president South East Asia, Australia & New Zealand, the company said in a press statement.

    The company thanked Chugh for contributing to its growth for over a decade. “Benetton Group would like to thank Sundeep Chugh, who has decided to leave the position of CEO and managing director of Benetton India, for the results achieved during his 10 years with the Group. Sundeep has successfully led the company during his tenure, a period during which the brand has evolved and maintained its market leadership position through a multi-channel approach, an effective product offering and a high-impact communication strategy,” it added

    Chugh also shared the announcement in a social media post. “My 10-year journey with Benetton draws to a close today! It’s been a memorable experience where colleagues became friends & employees became like a family! I have a full heart, a calm mind & a content soul today! I have given my best to the brand & it’s only upwards from here,” he tweeted.

  • Big Bazaar’s ‘Asli Dukaan’ locks horns with Amazon’s ‘Apni Dukaan’

    Big Bazaar’s ‘Asli Dukaan’ locks horns with Amazon’s ‘Apni Dukaan’

    MUMBAI: Big Bazaar has crossed swords with Amazon India by taking a dig at the e-commerce giant’s flagship campaign India ki Apni Dukaan (India’s own shop). The Future Group-owned chain of hypermarkets on Thursday released full front page ads in major newspapers across cities calling itself India’s Asli Dukaan (real/ original store). The ad promises to make deliveries of grocery to customers’ doorsteps in under two hours.

    Apart from the Asli Dukaan moniker, it has played on the word ‘Amazing’ by using terms such as “amazing” service, deals, and products at “amazing” prices. The harping on the word “amazing” is hard to miss! The south India editions of leading print publications had a largely English tagline with only Asli in Hindi, and dukaan changed to ‘store’.

    Amazon has been running an advertising campaign since 2016 with the tagline ‘India ki Apni Dukaan’(India’s own shop), and it is no coincidence that the superstore chain led by Kishore Biyani is now marketing itself as ‘India ki Asli Dukaan’.

    The brick-and-mortar superstore chain Big Bazaar has been entangled in a fierce legal battle with Jeff Bezos’ Amazon for its deal with Reliance Retail. RIL had announced in August last year that it was buying out the retail and wholesale business of Future Group, but Amazon — with a minority stake in an unlisted Future Group company — subsequently dragged the Mumbai-headquartered retailer to court, alleging that the proposed deal violated contractual agreements. The case is currently sub-judice.

    Meanwhile, the debt-laden Future Group is looking at ways to put its assets to better use. Big Bazaar has launched a marketing blitzkrieg taking a dig at the US e-tailer and is ramping up its two-hour home delivery across India to get more customer orders amid the pandemic that has largely confined people to their homes restricting outdoor movement. The company has tied up with hyperlocal delivery companies with employees at their stores doubling up as delivery executives, to drive its Store2Door program and double its online business in the span of a month.

  • Covid learnings: Brands need to remain authentic & relevant to their customer base

    Covid learnings: Brands need to remain authentic & relevant to their customer base

    MUMBAI: More and more, brands are focusing their energies on Bharat, which is poised on the cusp of vast prospects and explosive growth. Kannada is widely regarded as the country’s first success story from a regional language market standpoint. Many marketers have already switched to targeted, localised promotions instead of pan-India campaigns that blow out their budget. While it is apparent that the pay-off from regional and hyper-localised advertising is increasing, there still remains the question – which medium gives the best reach and dividends? The second session of the Tele-wise Kannada virtual summit had retail players and marketers, from national to Karnataka-focused brands, discuss the scope of content, advertising and distribution fronts in the Kannada market in the foreseeable future.

    The event organised by the Indiantelevision.com, in association with Colors Kannada, was moderated by Eggfirst advertising & design COO Kunal Jamuar, and consisted of esteemed panelists including: N Ranga Rao & Sons (manufacturer of Cycle Pure Agarbathies) CEO, Arjun M Ranga, Max Fashion India SVP marketing Jiten Mahendra, Levista Coffee VP, S Shriram, MK Agro Tech (Sunpure oil) head – brand marketing Vijesh C Vijayan, Wavemaker India chief growth officer & office head – south Kishan Kumar Shyamalan and Lodestar Um executive VP Laya Menon.

    The ripples caused by the pandemic are still affecting consumer behaviour and consequently, brand’s choices. Several hard and fast rules have gone out the window and new learnings have been gleaned.

    Max Fashion’s Jiten Mahendra said they were shocked by the lockdown just when the brand’s new collection was about to be launched. But they recovered soon. “We have become more omni-channel now. Eight to nine per cent of the business is coming from e-commerce, where earlier it was just three per cent of our sales and 90 per cent came from retail. May onwards we were able to launch in more markets.”

    Moreover, major operations have been shifted into the virtual realm from brick n mortar and many cross functions like home trial, video etc have been added to enhance customer experience.

    Mahendra went on to add: “Pre-covid, each channel had a separate KPI and brands were trying to deliver that. Now, brands are not channel driven. They need to be authentic and relevant to the customer base.”

    Ranga shared that as a consumer-focused brand they had to keep connected with their customer; to this end they organised online pujas across temples in Karnataka. “We also became more tactical. We moved out of big sponsorship and did smaller localised commercials,” he added.

    One needed to be quick, sharp and adapt their media mixes given the circumstances. “We realised the benefit of print advertising and our online business has of course increased exponentially. But for us, 95 per cent is still TV, with GECs topping the genre.”

    Levista Coffee’s Shriram said that after tasting unprecedented success during last year’s  lockdown and the subsequent months, the brand further stepped up its visibility in the media. On television, they tied up with Chennai Super Kings as coffee partners for the IPL which helped establish their presence further.

    “CSK is not a team, it’s an emotion, and IPL is entertainment. We created CSK ads and showed it in GECs and radio stations focusing on match scores. It was a measured risk which paid off,” he elaborated.

    Ranga added, “Our brand takes the third umpire branding on IPL as much as we can get with the tagline ‘Everyone has a reason to pray’.”

    On the other hand, Max Fashion took the conscious call not to associate with the previous season of the IPL. “Instead we went for Hotstar and targeted women-driven content. We had a far better engagement and affinity. Our core TG is women, the second TG is youth. We have done a lot of ground-level activations where it’s not just dependent on reach but engagement,” revealed Mahendra.

    When it comes to viewership, Kunal underlined a curious dichotomy – while digital growth has been mainly driven by women audiences, TV saw a lot of joint or male driven increase in viewership, which has made it a truly mass viewership medium following the lockdown.

    Talking about how brands are adapting to the medium’s gender dynamics, Sunpure’s Vijesh Vijayan detailed, “Two year ago, we decided to break the gender barrier. Today, our category isn’t dominated purely by one gender. The pandemic has shown us that everybody is a cook. So, our TG is not just women, but anyone who wants to cook or eat – basically anybody who loves food is our TG.”

    Jamuar pointed out that while a metro like Bengaluru tends to overpower the rest of regions when it came to content programming and marketing, it is important to give regional markets their share of inputs. Hence, planning for both sections needs to be separated. When it comes to TV it remains the lowest cost per 1,000 and each regional channel in the state has its pockets of viewership, he noted.

    Shriram felt the quality of content in the Kannada genre has improved tremendously with a lot of colourful fiction programs happening. “But as an advertiser, I would love a breakthrough in how our programming is planned in the GEC segment, which could be a game-changer.”

    Laya Menon felt while regional TV has a  “mass-ish sort of audience” there is “increasing alienation from youth, with the latter moving away to other mediums or screens like OTT/ digital.” So there’s a gap to ensure how to keep TV relevant – whether a national or regional channel – with content that will appeal equally or maybe even skewed to youth can reap dividends for advertisers , brands, broadcaster et al.

    Wavemaker’s Kishan Kumar concluded that just like marketing, in TV content, too, people today look for honesty and emotions at the core, things closer to life. Hence the content needs to mirror that and reflect our society in a better way.

  • Retail sector requires new paradigm for consumer-brand interaction

    Retail sector requires new paradigm for consumer-brand interaction

    MUMBAI: Retailers around the globe recognise that the outbreak of COVID-19 will have a significant impact on their business.

    Sensing this need, FCB, India in collaboration with Networkbay, announced launched ‘Retail: Day 1,’ an initiative to work with brands and retailers to ‘manage, redefine and transform’ their retail experiences in the post-COVID era.

    Everyone is looking at the new normal that will arrive as soon as the lockdown gets lifted. After doing an extensive research on consumer behaviour, FCB India has found that the biggest change will be witnessed by the retail sector. The challenge before every brand is to create a new paradigm in which consumers would interact with brands in the retail space.

    FCB India and Networkbay will identify a measured careful contact approach and how consumers would react to this new reality.

    FCB India group chairman and CEO Rohit Ohri said: “The reason for the partnership is to understand the change as to how we can prepare our clients to adapt quickly to this new world. From the FCB point of view, we are bringing the understanding of consumer behaviour and big changes that we see going forward. At the same time, Networkbay will bring its sense, capability, understanding and technology related to the retail industry."

    Networkbay co-founder Hozefa Attari added: “There is no direct answer to what the retail sector is going to look like. Our idea is to create a retail environment that is safe and future-ready and at the same time answers to the very human need of shopping. We are doing this by combining the strengths of some of the best technology brands you see globally.”

    FCB has a strong foothold in the automotive space. Dealers were already struggling in the pre-COVID era and Hozefa believes that this industry has a large potential to change the overall consumer experience. They are coming up with automotive visualisation wherein one can create experiences right out of test driving on a roadway. Consumers can also use augmented reality to familiarise with the car.

    Another industry which will be hugely impacted is the cosmetic sector where samplers and freebies have always been part of a retail experience. But looking at the situation people will be hesitant to test products now. To enable the contactless makeup journey, Networkbay has come up with a solution where consumers can choose the product which is perfectly calibrated with their skin tones.

    A large number of departmental stores and apparel brands are now going to see that consumers are hesitant to pick up clothes and try them in the fitting room. The firm will provide a virtual tour of the store and help consumers choose the clothes of their interest.

    Even essential services are impacted, because even after the lockdown is lifted, consumers will look at safe ways to pick a product. So, Networkbay provides an option where instead of picking every product, consumers can have augmented reality product explainers.

    According to Hozefa, contactless is just an initial learning but what they really want to see after six months is transformable retail experiences which will connect the brands and connect the shoppers and is still a safe and strong experience.

    According to Ohri and Hozefa, clients are more than open for digital solutions because they no longer like to keep physical experience and add a certain level of technology. But they are looking at solutions that can generate a lot of ROI. Investment in digital gives tremendous immediate returns.

    “Today we are getting products that we never bought online. If you are doing this for a period of two months you are building a habit; you don’t have a choice. Very few people are stepping out to purchase anything and most products are delivered online. So we created a technology which is simple and accessible,” he said.

    According to Ohri, behavioural changes occur when a big event creates disruption. For instance, demonetisation changed the behaviour of transactions for consumers. A lot of people who never used ATM or online transfers or portals like Paytm started using it. So, once the cash flow was back, online transactions wouldn't have become zero. This change has been a transformation for India. It is pretty much like how COVID-19 has affected people.

  • Paytm Payments Bank CEO Renu Satti quits

    Paytm Payments Bank CEO Renu Satti quits

    MUMBAI: Paytm Payments Bank CEO Renu Satti has resigned from her post after serving the responsibility for one year and two months. Now, she will head the new retail initiative of the firm as chief operating officer. The company has not found her replacement yet.

    “Renu Satti will be leading the charge as COO of this new (retail) initiative…She has already resigned from Paytm Payments Bank CEO position and the bank will soon be recruiting a new CEO,” Paytm said in a statement as quoted by the Press Trust of India.

    Satti has been recognised for making its marketplace, movie-ticketing and payments bank businesses from the ground-up. “She has been a champion of new business launches and her acumen makes her a perfect candidate for leading this important launch,” the company said.

    Under the ‘New Retail’ model, consumers will able to discover nearby pharmacies, groceries and other shops to place an order and get instant deliveries.

    The company started the business as a mobile recharge platform and later expanded into digital payment solutions and e-commerce (Paytm Mall).

  • ‘Baahubali’ forays into licensing with ‘Black White Orange’; targets Rs 25 cr in retail sales

    ‘Baahubali’ forays into licensing with ‘Black White Orange’; targets Rs 25 cr in retail sales

    MUMBAI: Licensing and merchandising solutions agency Black White Orange has been appointed as the global licensing agent by Arka Mediaworks Entertainment LLP for their national award-winning movie Baahubali. The much awaited part 2, Baahubali – The Conclusion hits screens worldwide in April 2017.

    With the aim to create a ‘Baahubali brand experience’, Black White Orange will work closely with Arka Mediaworks to conceptualize designs, represent the Baahubali franchise across a wide range of categories and also look at several licensing and retail partnerships, globally. Having already signed on a spate of leading international names like Paramount Pictures, Game of Thrones, Universal Pictures etc. till date, Black White Orange make their first Bollywood brand foray with Arka Mediaworks and their popular franchise – Baahubali .

    “The most challenging part is building the brand and in case of the Baahubali franchise, this job is already done with the global success of the first part of the movie. I know people will be expecting more from the second part. They will not be dissatisfied! We’re confident that Black White Orange’s expertise combined with the Baahubali franchise will translate into an exciting offering of consumer products.” said the film’s director SS Rajamouli.

    Arka Mediaworks CEO Shobu Yarlagadda said, “We are confident that Black White Orange’s unique and promising strategic approach will build the Baahubali brand in India and help us reach our fans.”

    Black White Orange founder and CEO Bhavik Vora added, “Indian cinema has the biggest fan following in the country and probably the most untapped potential on the consumer product platform that takes fans beyond the realm of the big screen. Arka Mediaworks’ Baahubali has raised the bar and created benchmarks in every aspect of movie making.”

    Fans across the globe will soon be able to buy authentic licensed merchandise which will be available at retail and online portals, making it possible for every fan to own their favorite Baahubali merchandise. India is a private consumption led economy with retail merchandising forming 45% of private consumption and the current licensing market is 185 million driven by kids and men.

  • ‘Baahubali’ forays into licensing with ‘Black White Orange’; targets Rs 25 cr in retail sales

    ‘Baahubali’ forays into licensing with ‘Black White Orange’; targets Rs 25 cr in retail sales

    MUMBAI: Licensing and merchandising solutions agency Black White Orange has been appointed as the global licensing agent by Arka Mediaworks Entertainment LLP for their national award-winning movie Baahubali. The much awaited part 2, Baahubali – The Conclusion hits screens worldwide in April 2017.

    With the aim to create a ‘Baahubali brand experience’, Black White Orange will work closely with Arka Mediaworks to conceptualize designs, represent the Baahubali franchise across a wide range of categories and also look at several licensing and retail partnerships, globally. Having already signed on a spate of leading international names like Paramount Pictures, Game of Thrones, Universal Pictures etc. till date, Black White Orange make their first Bollywood brand foray with Arka Mediaworks and their popular franchise – Baahubali .

    “The most challenging part is building the brand and in case of the Baahubali franchise, this job is already done with the global success of the first part of the movie. I know people will be expecting more from the second part. They will not be dissatisfied! We’re confident that Black White Orange’s expertise combined with the Baahubali franchise will translate into an exciting offering of consumer products.” said the film’s director SS Rajamouli.

    Arka Mediaworks CEO Shobu Yarlagadda said, “We are confident that Black White Orange’s unique and promising strategic approach will build the Baahubali brand in India and help us reach our fans.”

    Black White Orange founder and CEO Bhavik Vora added, “Indian cinema has the biggest fan following in the country and probably the most untapped potential on the consumer product platform that takes fans beyond the realm of the big screen. Arka Mediaworks’ Baahubali has raised the bar and created benchmarks in every aspect of movie making.”

    Fans across the globe will soon be able to buy authentic licensed merchandise which will be available at retail and online portals, making it possible for every fan to own their favorite Baahubali merchandise. India is a private consumption led economy with retail merchandising forming 45% of private consumption and the current licensing market is 185 million driven by kids and men.

  • IAA announces knowledge seminar in Bengaluru on 11 June

    IAA announces knowledge seminar in Bengaluru on 11 June

    MUMBAI: The International Advertising Association (IAA) India Chapter encourages conversation around hot button topics across industries. The next Knowledge Seminar being held in Bengaluru is on retail marketing strategies. The event is on 11 June at Lalit Ashok in Bengaluru from 14.45 hrs to 20.00 hrs.

    IAA India Chapter brings together decision makers from the field of retail marketing, advertising and media with the goal of addressing the challenges faced by the retail sector and to guide its future course of action.

    IAA India Chapter president Srinivasan K. Swamy said, “IAA Knowledge Seminars bring in fresh perspectives for the audience. In this session we have acknowledged experts addressing important issues related to the retail industry including brand building, valuation and retail spaces. We also have a mix of veterans and young leaders speaking on various topics. We are very glad that Vijayvani has partnered us for the second time in succession”

    Speakers:

    1. Bijou Kurien, Board member L Capital
    2. V Vishwanath, Director – Brand & Marketing, Urbanladder
    3. Senthil Kumar, CCO, JWT India
    4. Sruti Swamy, Head, Hansa RetailScape
    5. Ramesh Jude Thomas, President and Chief Knowledge Officer, Eqitor Value Advisory

  • IAA announces knowledge seminar in Bengaluru on 11 June

    IAA announces knowledge seminar in Bengaluru on 11 June

    MUMBAI: The International Advertising Association (IAA) India Chapter encourages conversation around hot button topics across industries. The next Knowledge Seminar being held in Bengaluru is on retail marketing strategies. The event is on 11 June at Lalit Ashok in Bengaluru from 14.45 hrs to 20.00 hrs.

    IAA India Chapter brings together decision makers from the field of retail marketing, advertising and media with the goal of addressing the challenges faced by the retail sector and to guide its future course of action.

    IAA India Chapter president Srinivasan K. Swamy said, “IAA Knowledge Seminars bring in fresh perspectives for the audience. In this session we have acknowledged experts addressing important issues related to the retail industry including brand building, valuation and retail spaces. We also have a mix of veterans and young leaders speaking on various topics. We are very glad that Vijayvani has partnered us for the second time in succession”

    Speakers:

    1. Bijou Kurien, Board member L Capital
    2. V Vishwanath, Director – Brand & Marketing, Urbanladder
    3. Senthil Kumar, CCO, JWT India
    4. Sruti Swamy, Head, Hansa RetailScape
    5. Ramesh Jude Thomas, President and Chief Knowledge Officer, Eqitor Value Advisory