Analyzing and resolving a communication crisis in Dhaka textiles LTD.pptx
Naveed's candid view on marketing
1. My Candid View on “Marketing”
Developing category (via more users, more usage or more value) is relatively easier option
vs. single minded going for market share…
Biting the bullet earlier & fixing the fundamentals is far less painful than lingering the
misery...
Believe in bold pricing…just keep the price value equation in perspective.
Do fewer innovations but do a damn good job at it and any new innovation shouldn’t be a
one qtr/year agenda…
Don’t fall in the trap of doing promotions to do sell-in, only do promotions for sell out.
It’s better to bring your brand to life (via activation) rather than putting resources behind
consumer research to reassure the management/stakeholders…only undertake formal
research which will give real insights and why not’s…
Sponsorships can be a real expensive proposition… getting the right mileage is never easy
and one got to be persistent with one platform, which is true to brand essence…
Always apply multiple lens…the consumer is not always the same as shopper…
Digital isn’t a tick box exercise. If it’s not engaging enough & always ON, save yourself the
hassle…
The buck stops with marketing. Own it and be ready to take credit (or flack!). Marketing is
all about common sense and loads of FUN...