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reLaunch
INTRODUCTION
• Origin of the Onida is trademarked to Monica Electronics, incorporated in 1975
• Owned by the Mirchandani family and which was acquired in 1981 by Mirc
Electronics (also owned by the Mirchandanis)
• Mirc Electronics won an Award for Excellence in Electronics in 1999
• In addition to the Gulf countries ONIDA has a presence in Russia, Ukraine and
neighboring CIS countries
REASONS FOR BRAND
AILMENT
• Entry of Korean Heavyweights
• Internal Management Problem
• Changing Advertising Taglines and Ad agencies
• Aging Customers Base: Brand Amnesia
• No After Sales Service Provided
reLaunch
Strategies
REPOSITIONING
• Country wide extensive consumer research
o About the perceptions of the brand
o The trends, their aspirations and purchasing patterns.
o Outsourcing it to an outside research agency
• Targeting and Positioning
o Target the Tier 2 – Tier 3 cities - brand recall is still present
o We recommend it to concentrate on air conditioners and washing machines apart from LED
televisions.
o Should concentrate more on providing a basic LED television set with flat screen higher
quality picture and sharper image superior sound rather than Android TVs
o Onida TV should be positioned as a medium for entertainment providing advanced
technology at affordable prices.
COMMUNICATION
STRATEGIES
Road
shows
Promotions
Consumer Promotion
Celebrity Endorsement
Association with Events
Innovative advertisement
After Sales Service
PRODUCT STRATEGIES
• Wide range of products
o Line extension in value segment so as to target more customers
in the lower segment.
o Emotional attachment with the brand and as they graduate to
the high end segment
• R&D
o Continuous innovation
o Always reinvent themselves
o Adapt to the latest trends
o Solutions to new problems faced by TG
CHANNEL STRATEGY
• Relation building with channel members dealers
• Retail malls and exclusive stores need to be tapped as well. Incentive schemes to
channel partners spread over a longer period is required
• They play a role in the ultimate purchase of the consumers especially in tier 3 cities
and incentives to the channel members
THE LAUNCH
o Initial buzz would be via a prelaunch of the brand with a customized LED TV with sleek design.
o Social media: Facebook and Twitter. “What you would do if you encounter the devil this
Diwali?”
o A press conference with the top honchos of the brand, the proposed ambassador and the devil
communicating to the press
o Strategic news items and print ads in all the news-papers, prints banners and billboards communicating
that the brand is coming in a new avatar this Diwali.
o Guerrilla marketing - putting innovative product items at streets, setting up real devil models at malls
which would be interacting with the shoppers and grabbing eye balls.
o Teasers in Television that the devil is coming this Diwali beware can be put forth
PRE LAUNCH - SEPTEMBER
THE LAUNCH
o Mall and store décor (mall to be lit up every night for 15 days with trellis lights)
o Contests like ‘Guess the Price’
o Backpack hoardings.
o Mall façade branding, dropdowns with door buster offers.
o Gate Arch in the form of trolley.
LAUNCH PHASE - DIWALI AND DHANTERAS
THE LAUNCH
o Promoter activity: Residential contact program at key residential areas. Singing and Dancing contest
over the weekend.
o Weekend Promoter activity : Trolley procession, Cavalcade, Weekend Events
o IPL cricket event showing at pubs, clubs, malls, market place, live cricket matches featuring on an
ONIDA TV.
POST LAUNCH PHASE
CONCLUSION
• Committed basic and glaring marketing blunders like non-uniform positioning and
no integrated marketing communication
• Victim of heightened competition
• Market has a high opportunity of brand recall and emotional connect of Onida
• Should use its experience and indigeneity to penetrate into tier 2 and tier 3 cities
• Should chalk out an aggressive marketing campaign after proper market research
• Market has a high opportunity of brand recall and emotional connect of Onida
• The brand has a sliver lining; Make in India campaign is in the favour Onida
THANK YOU
Presented by Group 2
Sachin
Jaideep
Surmi
Kunal
Teja
Tirthankar
Sapna

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Onida TV Relaunch Strategies

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  • 5. INTRODUCTION • Origin of the Onida is trademarked to Monica Electronics, incorporated in 1975 • Owned by the Mirchandani family and which was acquired in 1981 by Mirc Electronics (also owned by the Mirchandanis) • Mirc Electronics won an Award for Excellence in Electronics in 1999 • In addition to the Gulf countries ONIDA has a presence in Russia, Ukraine and neighboring CIS countries
  • 6. REASONS FOR BRAND AILMENT • Entry of Korean Heavyweights • Internal Management Problem • Changing Advertising Taglines and Ad agencies • Aging Customers Base: Brand Amnesia • No After Sales Service Provided
  • 8. REPOSITIONING • Country wide extensive consumer research o About the perceptions of the brand o The trends, their aspirations and purchasing patterns. o Outsourcing it to an outside research agency • Targeting and Positioning o Target the Tier 2 – Tier 3 cities - brand recall is still present o We recommend it to concentrate on air conditioners and washing machines apart from LED televisions. o Should concentrate more on providing a basic LED television set with flat screen higher quality picture and sharper image superior sound rather than Android TVs o Onida TV should be positioned as a medium for entertainment providing advanced technology at affordable prices.
  • 10. PRODUCT STRATEGIES • Wide range of products o Line extension in value segment so as to target more customers in the lower segment. o Emotional attachment with the brand and as they graduate to the high end segment • R&D o Continuous innovation o Always reinvent themselves o Adapt to the latest trends o Solutions to new problems faced by TG
  • 11. CHANNEL STRATEGY • Relation building with channel members dealers • Retail malls and exclusive stores need to be tapped as well. Incentive schemes to channel partners spread over a longer period is required • They play a role in the ultimate purchase of the consumers especially in tier 3 cities and incentives to the channel members
  • 12. THE LAUNCH o Initial buzz would be via a prelaunch of the brand with a customized LED TV with sleek design. o Social media: Facebook and Twitter. “What you would do if you encounter the devil this Diwali?” o A press conference with the top honchos of the brand, the proposed ambassador and the devil communicating to the press o Strategic news items and print ads in all the news-papers, prints banners and billboards communicating that the brand is coming in a new avatar this Diwali. o Guerrilla marketing - putting innovative product items at streets, setting up real devil models at malls which would be interacting with the shoppers and grabbing eye balls. o Teasers in Television that the devil is coming this Diwali beware can be put forth PRE LAUNCH - SEPTEMBER
  • 13. THE LAUNCH o Mall and store décor (mall to be lit up every night for 15 days with trellis lights) o Contests like ‘Guess the Price’ o Backpack hoardings. o Mall façade branding, dropdowns with door buster offers. o Gate Arch in the form of trolley. LAUNCH PHASE - DIWALI AND DHANTERAS
  • 14. THE LAUNCH o Promoter activity: Residential contact program at key residential areas. Singing and Dancing contest over the weekend. o Weekend Promoter activity : Trolley procession, Cavalcade, Weekend Events o IPL cricket event showing at pubs, clubs, malls, market place, live cricket matches featuring on an ONIDA TV. POST LAUNCH PHASE
  • 15. CONCLUSION • Committed basic and glaring marketing blunders like non-uniform positioning and no integrated marketing communication • Victim of heightened competition • Market has a high opportunity of brand recall and emotional connect of Onida • Should use its experience and indigeneity to penetrate into tier 2 and tier 3 cities • Should chalk out an aggressive marketing campaign after proper market research • Market has a high opportunity of brand recall and emotional connect of Onida • The brand has a sliver lining; Make in India campaign is in the favour Onida
  • 16. THANK YOU Presented by Group 2 Sachin Jaideep Surmi Kunal Teja Tirthankar Sapna