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The  MARKSMAN
K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH   VOL. 3| ISSUE VIII| FEB‘13



                                                                       COVER
                                                                       STORY
EDITOR’S DESK
 Dear Readers,

 Welcome back to a brand new edition of your favourite marketing magazine
 and guide – THE MARKSMAN!
 In our endeavour to incessantly add more value to your reading,the cover
 story for the issue is One to One Marketing, a personalization of
 interactions with the customer which fosters greater customer loyalty and is
 now considered a better return on marketing investment.
 Our special story is on Marketing Warfare, taken from the trenches of
 modern warfare are a set of strategies that marketers use today to make a
 kill.
 Our featured article of the month talks of RIM’s rebranding to Blackberry
 and what the future holds for this brand. We would like to congratulate
 Aditya Khajuria (Goa Institute of Management) for being adjudged the Best
 Article of the Month.
 Get to know what happened in the First Marketing Round Table Conference
 held at SIMSR. The panelists include eminent industry figures like Dr.
 Bhaskar Das, Mr. Dharmendra Satpaty and Mr. Amit Tripathi.
 This months’ Brand Markive tells the story of Nike and how it emerged from
 scratch to become one of the strongest and brightest brands of today. In It’s
 All About AD-itude, this time we give you a triple treat with a special
 inclusion of a fresh new OOH campaign along with the featured TVC and
 print ad.
 Unwind with our regulars- SquAreHead, Bookworm, Tweets and Hall-MARK
 Campaign. Get inquisitive with Buzz and do not forget to write in with
 articles (check the last page for topics), your thoughts or suggestions.

 Cheers !!
 Team – Marksman
 The Interface – The Marketing Club of SIMSR




01                                                      FEBRUARY 2013
CONTENTS

                 It’s all           COVER STORY
  TWEETS
                 about
                AD-itude!
    03
                   06

   Brand      Hall-MARK
  MARK ive    Campaigns
    04            07

                              ONE to ONE MARKETING
       SPECIAL STORY                   08

                                    FEATURED ARTICLE

                             RIM rebranded to Blackberry at
    MARKETING WARFARE        the launch of Blackberry 10. Will
            12               it work?                   …15



  Rewind                17   Bookworm                   19

  SqAreheaD            20    BUZZ                        21

THE MARKSMAN                                                  02
TWEETS
Google planning to launch its own retail stores by December
Some unconfirmed rumors from multiple unnamed sources claim that
Google wants to provide space for customers to try out its Nexus
devices, software like the Chrome browser and unnamed upcoming
products. Google's already opened a few pop-up shop at temporary
locations in airports and in other stores, like the one pictured above in
the UK. It wants to further expand to full fledged stores by the holiday
season.

                                             RIM rebrands itself to BlackBerry along with BB10 launch
                                             RIM(Research In Motion) recently launched its latest iteration of mobile
                                             operating software, BB10 and two phones supporting it, the BlackBerry
                                             Z10 and BlackBerry Q10. With this they also renamed the company to
                                             BlackBerry to have a more consistent image with the product. They have
                                             also changed the name of their app store from BlackBerry App World to
                                             BlackBerry World. To top it up, they shall now add music and videos to
                                             their stores.

Nestle finds horsemeat in beef pasta meals in Italy and Spain
Nestle, the world's biggest food company, has removed beef pasta meals from
sale in Italy and Spain after finding traces of horse DNA.
The discovery of horsemeat in products labeled as beef has spread across
Europe since last month, prompting product withdrawals, consumer anger and
government investigations into the continent's complex food-processing chains.

                                                Nike, Oakley move away from Oscar Pistorius
                                                Two major sponsors, Oakley and Nike, distanced themselves from
                                                Olympic athlete Oscar Pistorius on Monday after the South African
                                                sports star was charged with murder in the shooting death of his
                                                girlfriend. Oakley, the eyewear maker, suspended its contract with
                                                Pistorius, and Nike, which sells shoes and other athletic gear, said it has
                                                no plans to use him in future ad campaigns.
                                                Pistorius lost both of his legs in childhood. Racing on carbon-fiber
                                                blades, he was the first amputee athlete to run at the world
                                                championships in 2011, and he made history competing in the London
                                                Olympics last year.

Reader's Digest parent company files for bankruptcy again
The owner of magazine Reader's Digest, once the staple of doctors'
offices and coffee tables, has filed for bankruptcy for the second time
in less than four years, citing a greater-than-expected decline of the
media industry.Its international operations are not part of the filing. It
is the second time the company filed for bankruptcy protection since
2009.DeWitt Wallace and his wife Lila Acheson Wallace founded
Reader's Digest in 1922. The magazine offered readers stripped-down
versions of articles about health, home and family from other
publications. It eventually became the best-selling consumer magazine
in the United States. Today it operates print and digital magazines,
books, music and videos worldwide and has more than $1.1 billion in
assets, according to court documents.

 03                                                                                  FEBRUARY 2013
Brand MARK ive

                                 NIKE
  Just Do It. These three letters combined with the Swoosh
 symbol, could be said to be one of the most famous and
 recognizable brand elements the world over. But before there
 was the Swoosh, before there was Nike, there were two
 visionary men who pioneered a revolution in athletic
 footwear that redefined the industry.

 These men were Bill Bowerman and Phil Knight. Bill
 Bowerman was a track and field coach at University of Oregon
 and Phil Knight was a middle distance runner from Portland.
 Together, these two men made from scratch the Nike we all know. Together they
 pledged $500 each and in January 1964, Blue Ribbon Sports was formed.

 The name Nike and the Swoosh symbol only came up in 1971 and 1972
 respectively. Nike is since a household name for performance sportswear and they
 have many a famous technologies like Nike Air and Nike Airmax to their credit.




                                               Air Jordan, a signature shoe for
                                               basketball player Michael Jordan
                                               was a runaway success too. They
                                               also purchased big established
                                               brands like Converse, Hurley, Cole
                                               Haan, Umbro and also made a
                                               separate brand for its golf
                                               equipment called Nike Golf.



THE MARKSMAN                                                                        04
Brand MARK ive
    By     the    acquisition   of
 Converse, Nike could tap the
 huge casual shoes market, also
 called sneakers. Hurley was a
 lifestyle brand basically for
 surfing      and   skateboarding
 clothing and equipment. Cole
 Haan is a high end Formal shoe
 maker and Umbro is into
 football equipment.
    In late 2012, Nike sold off
 Umbro and Cole Haan to focus
 more on their more popular
 shoes.
   Nike has also been well known for coming up with hard hitting and impactful yet
subtle advertisements. Their “Bleed Blue” campaign with the Indian cricket team was a
huge hit too. Majority of their advertisements have very little text and have more of a
self explanatory imagery associated to it.
   All this, and much more has gone into a brand that is a byword for pure athletic
performance and latest in technological innovations and this has resulted in Nike being
the No. 1 sporting goods company for over two decades now. Just Do It..Well they sure
practice what they preach!




05                                                           FEBRUARY 2013
It’s all about AD-itude
                              Mercedes Benz campaign would make you look twice!
                              Media: Print
                              Advert title: Look to the side without looking to the side
                              Creative Agency: Jung von Matt, Hamburg, Germany
                              This print campaign for Mercedes Benz plays on the fact that you
                              don’t have to turn your head and look over your shoulder while
                              driving by featuring a compelling illusory visual.
                              The tagline “Look to the side without looking to the side” itself
                              grabs lot of attention.
                              The campaign won a Gold Lion at the Cannes Advertising Festival
                              and also won first place at the prestigious Red Dot Design Awards.




                                                       Idea Cellular comes up with yet another
 HUL’s Roti Reminder!                                  brilliant Idea!
 Media: OOH                                            Media: TVC
                                                       Advert title: Telephone Exchange
 Advert title: Lifebouy se haath dhoye kya?            Creative Agency: Lowe Lintas, India
 Creative Agency: OgilvyAction, India
 At Kumbh Mela, the largest congregation on            After addressing environmental, political,
 earth where all big marketers are trying to sell      caste, language and population control
 their products and boost their brands, one            issues, telecom player Idea Cellular's latest
 promotion that stands out is Hindustan                television commercial, built around the
 Unilever’s ‘Roti Reminder’ for its Lifebouy soap      'What an Idea' thought, turns attention to
 brand.                                                marital discord. In the ad, a son swaps his
 More than 100 dhabas and hotels at the mela           parents' phones so that each spends a day
 site served rotis that were stamped with              receiving calls meant for the other. By the
 “Lifebouy se haath dhoye kya?”                        end of the day, this 'telephone exchange'
 The ‘Roti Reminder’ gets a consumer’s                 evokes some much needed empathy on the
 attention at the exact time when hand                 part of both partners. Towards the end of the
 washing is critical.                                  ad, the words 'Ek doosre ko samajhne ke liye
 This simple, clutter-breaking idea helped HUL         telephone exchange - What an idea!' serve to
 reach out to a massive audience, at a fraction        tie the ad back to the brand's long-standing
 of the cost. Brilliant promotional strategy!          'What an Idea' umbrella.




THE MARKSMAN                                           .
                                                                                                   06
Hall-MARK Campaign
                                                        a husband waiting for his wife to safely reach
                                                        home before he drives away in a taxi. It is
                                                        followed by a husband adjusting his seat so
                                                        that his wife is shadowed from the sun.
                                                        Another instance shows a family waiting at the
                                                        railway station late in the night and the father is
                                                        holding on his little son’s pant loop so that he
                                                        doesn’t wander away. It is continued by
                                                        another case where in father at the school
                                                        protecting his child from the rebukes of a
                                                        headmistress. The TVC ends with a young
                                                        husband swapping places with the wife, while
 You might have seen, felt and spoken about the
                                                        walking on the side of the road, in order to
 deeds of a woman, often given credit to a
                                                        protect her from oncoming vehicles and the
 woman in your life for different roles she plays.
                                                        voice over stating, “Jo zimmedari nibhaate hain
 Women are often considered symbolism for
                                                        who jataate nahin. Unko suraksha dete hain
 maternity, caring, love, sacrifice and
                                                        hum. ICICI Prudential Life insurance –
 selflessness. It is an old saying- ‘After every
                                                        Zimmedari ka humsafar,” thus equates the role
 successful men there is a hand of woman.’
                                                        of a family provider with the insurance brand.
 True. But never a word said for men’s caring
 ways… it goes unstated. Men do have a caring,
                                                        The TVC is based on the insight that
 tender side to them, which hardly ever comes
                                                        contemporary family men shoulder their
 to one’s attention.
                                                        responsibilities very well without making a
                                                        hullabaloo. The brand stands with such men
 ICICI Prudential has taken notice of this, with its
                                                        who implicitly take their responsibilities.
 latest campaign celebrating the "family man", it
                                                        This is often the important and unstated role. It
 talks about the Good Men. The commercial
                                                        equates the man’s role in family with the role
 stands apart from its earlier campaigns, which
                                                        of life insurance in one’s life – understated care
 have essentially focused on ICICI Prudential's
                                                        but important for the family’s well-being.
 product features.
                                                        The key thought is very sensitive; however, it
                                                        could have been taken to the next level by
 The four-week campaign has been created by
                                                        integrated communication with the support of
 Lowe Lintas and Partners. Inspired by real life
                                                        other mediums as well.
 incidents, the 30-, 60- and 90-second TVC
 shows everyday’s simple situations, where men
                                                        This ad campaign stands as a Hallmark
 in various stages of family life, perform small,
                                                        Campaign for the unique thought it propagates
 caring acts that are taken for granted. Even the
                                                        and the creatives it depicts through small
 men do these without getting it noticed.
                                                        instances in life– an ad to which everyone
 Story Board
                                                        would relate.
 The film features instances like a father
 checking the sturdiness of the plank before he
 calls out to his family to join him on a ferry ride;
 a husband ensures that his wife doesn’t hurt
 her head by the open drawer. The next features

07                                                                         FEBRUARY 2013
C
O
V
E   One-to-one       marketing        (sometimes    anticipating orders, sometimes even before
    expressed as 1:1 marketing) is the ability to   they walked into the store. They all realized
R   customise the communication and offerings       that customers can purchase the same
    to each individual customer, on the basis of    products at the same prices from many
    their stated or implied preferences. It is a    other      retailers.   Everything     being
    customer relationship management (CRM)          standardized, the only way they could
S   strategy      emphasizing        personalized   differentiate     themselves    from      the
    interactions    with      customers.     The    competition was in the service area. This is
T   personalization of interactions is thought to   why they began engaging customers
    foster greater customer loyalty and better      through interactions, remembering details
O   return on marketing investment.                 about their preferences and characteristics;
    A typical one-to-one marketing dialog will      and using this knowledge to provide better
R   involve          the          representative    service. One-to-one marketing seeks to
    or sales person listening to what               reinvest marketing with the personal touch
Y   the     customer     requires    and    then    absent from many modern business
    proposing services or goods they                interactions.
    can offer to meet those requirements.           So why did the biggest companies turn their
    The concept of one-to-one marketing as a        backs on a handy and successful tool? One
    CRM approach was advanced by Don                reason was the post-war customer
    Peppers and Martha Rogers in their 1994         sentiments combined with a mass
    book, The One to One Future.                    production strategy. The post war period
                                                    was a time of economic growth when
    Old wine in a new bottle?                       customers would clamour for whatever
    The term sounds new because it is.              goods were available. Additionally, Henry
    However, the approach has been used for         Ford’s quote - “Any customer can have a car
    ages. For years, proprietors of general         painted any colour that he wants so long as
    stores or Kirana stores as they are called in   it is black” summed up the focus
    India took care of their customers by           manufacturing companies had.


THE MARKSMAN                                                                                  08
COVER STORY
So what’s suddenly changed?
Why do we need 1:1 marketing
now?
                    Consumers:
“One size fits all” is out-of-date. Consumers are
better educated and informed. They want to be
seen and treated as individuals and are prepared
to pay for it.
                   Competition:
It is becoming more difficult by the day, to
differentiate products. Almost all products and
substitutes focus on quality, value for money,
durability, etc.
                   Profitability:
20% of customers provide 80% of your profits.
This means only one thing – Hold on to your loyal
customers and never let go.

            Technology advancements:
The launch of 3G and 4G services in India will        Differentiate customers on the basis of
usher in possibilities enabling highly- interactive   their needs and values to the company
two-way communication with each customer of           The core target group mentioned earlier is one
the company. Technology enables companies to          that provides the highest margins, concentrate
identify the customer at every touch point — be it    on these customers and a healthy profit will
when the customer logs into the web site using a      always follow. You also need to concentrate on
customer ID and password, or swipes his credit        both existing and new customers at the same
card. Companies need to use the intelligence          time. This will ensure that your customer base
residing in such data to push one-to-one              is constantly expanding. Using this approach,
marketing.                                            you are differentiating your customers on their
                                                      needs and values.
Want to be a one-to-one
marketer? : The Framework                             Identify    prospects      and    customers
                                                      The first thing you need to do is ensure you’re
Interact     with     individual      customers       not targeting the mass market blindly, unless
Interaction on an individual level provides three     of course the product is a mass-market
prominent benefits. Firstly, it helps build strong    product. Instead, break down your population
relationships with the customer – a strong            using good-ol’ segmentation. The key is to stay
differentiator. Secondly, a satisfied customer who    strong among your core target group while
has directly interacted with the company has a        expanding your presence in other groups. This
higher chance of recommending it to his peers.        is where one-to-one marketing comes in; you
And lastly, it helps improve knowledge about          identify your core target group by interacting
them, understanding their unique requirements         with your customers and identify both
and hence customizing the offering.                   prospective and future customers.


09                                                                    FEBRUARY 2013
COVER STORY
 Customize the product service and
 message to each customer
 An appropriate example to use would be banks.
 They have a large bouquet of financial products.
 Each product is designed to target a different
 target segment of customers. Everything from
 the message conveyed to the core benefit of
 the product is customized. For example an
 insurance plan that targets a young executive
 looking for individual cover as compared to a
 married man looking for a family cover.

Popular 1:1           Marketing           Front     Adidas invented the concept of doing it
                                                    yourself. Adidas provided its customers with the
Runners                                             opportunity to design their own Adidas trainers
                                                    online to enable them to make a statement with
                                                    what they put on their feet. As an added bonus,
                                                    they were enrolled into a competition to design
                                                    soccer prodigy Lionel Messi’s boots.
                                                    Offline 1:1 marketing is exemplified by Tesco,
Amazon pioneered the use of one-to-one              which sends out highly personalised coupons for
marketing in software and continues to              each category of item sold in its stores and online,
prominently use it to market its products. The      which the customers find relevant as these offers
company tracks what customers have searched         are for categories or products that the customers
for, clicked on, looked at or purchased. It then    buy regularly.
displays products based on this past information
trail. This focused marketing approach lets the
customer know that he or she has been noticed.
Additionally it gives the customer access to the
type of products he or she has expressed interest
in and hence increases purchase probability.




                                                    In India, multiple brands like Domino's, Van
                                                    Heusen and online travel portals have been
                                                    customising offers and deals to each individual
                                                    customer. For example, a frequent traveller on the
                                                    Mumbai-Chennai sector would find a discount
Another example of direct marketing is that of      offer on this sector far more meaningful than one
customized personal computers by Dell               on the Mumbai-Delhi sector. Current portals are
Computers. Dell allows the customers to interact    designed to employ user information and provide
with Dell via its web site (or off-line for large   intelligent and relevant offers that will fuel
corporate orders), to create a unique product and   profitable in the long run.
then builds the computer based on it.

THE MARKSMAN                                                                                        10
COVER STORY
Is it just overstated?                                at the same time, may not be able to afford the
One-to-one marketing is based on the premise          expensive variant either.
that the company or marketing team can predict        The manner in which products are presented also
what the customer wants before he does. In an         affects preferences. When products are shown
article for Stanford Graduate School of Business;     together, consumers tend to choose more on
Professor of marketing, Itamar Simonson, opines       price than brand. When products are displayed
that these predictions are exaggerated and            sequentially, consumers rely more on brand and
overblown.One-to-one marketing would be a             less on price. Thus, less expensive products will do
goldmine if customers made clear and consistent       better if presented on the store shelf next to more
choices and buying decisions. However, buyers         expensive, better-known brands, rather than on
preferences are often fuzzy and unstable; and         end-of-aisle displays.
more so, buyers themselves can’t explain their
own buying decisions.                                 Last word
Which leads us to the next obvious question –         The advent of the internet, mobile data
Why are preferences so fickle?                        connectivity and associated tools provide an easy
Preferences are often determined by the options       and affordable method to adopt one-to-one
customers are shown and the way in which              marketing on a large scale. However, marketers
products are presented.                               will be ill-advised to assume that simply adopting
Customers frequently don't know the value of          one-to-one marketing via the Internet will
products by themselves. They mostly rely on what      dramatically change the basic rules of
they see at the mall, i.e. rely on comparisons set    competition. Results are likely to be more
up by the retailer to determine if an offer is a      impressive if they combine customer knowledge
“good buy”.                                           with an understanding of what influences buyer
Shoppers tend to compromise. Companies provide        decisions. A wine seller who not only relies on a
similar products in various price ranges. However,    consumer's demographics and purchase history
it is noticed that sales of mid-priced products are   but also manages the set of wines presented on a
boosted the most. This is because customers           screen or catalogue page is likely to have greater
don’t want to buy the cheapest available item. But    success.




 11                                                                        FEBRUARY 2013
S
P
E
    Marketing is a war! Competitors fight it out     business in several ways. Leaders in both
C   in this slugfest to gain the highest market         spheres must:
    share, to increase their profitability or to     • Deal with a world of 24/7 information and
I   best meet the customer demands. All our             public scrutiny
    marketing gurus have always advocated a          • Cope with perpetual ambiguity
A   customer centric approach. Customer is           • Adjust to ever-changing goals
    the ultimate decider of the fate of any
L   business, or so we are told! If being            The Four Strategies
    successful was only about delighting the         The language of marketing has been
    customer, then the market leader simply          borrowed from the military. We talk about :
    would be the firm that performed the best        Defensive marketing: securing competitive
S   market research. Clearly, much more is           advantage
    required!                                        Offensive marketing : protecting competitive
T                                                    advantage
    Al Ries and Jack Trout, in Marketing             Guerrilla marketing : Attack, retreat, hide,
O   Warfare argue that the concept of                then do it again, and again, until the
    customer-oriented         philosophy        is   competitor moves on to other markets
R   inadequate. Rather, firms would do better        Flanking: (Often overlooked yet one of the
    by      becoming       competitor-oriented.      most powerful military strategies)
Y   Marketing has always been a battle raging
    between      the     strong,     resourceful,
    established players and small, ambitious
    but innovative firms. Military strategies and
    marketing strategies have therefore always
    had a common connected thread running
    between them.

    It seems like every generation of business
    leaders has looked to the military for
    inspiration and wisdom. The early part of
    the 21st century seems no different in this
    regard. The military provides a model for

THE MARKSMAN                                                                                   12
SPECIAL STORY
               Flanking                             may be able to capture a significant share of
 The military historian B. H. Liddell-Hart, after   the total market by concentrating primarily
 analyzing battles ranging from the Greek           on one large untapped segment. This usually
 Wars to World War I, determined that only 6        involves developing product features or
 out of 280 victories were the result of a          services tailored to the needs and
 frontal attack. He concluded that it is usually    preferences of the targeted customers,
 wiser to avoid attacking an established            together with appropriate promotional and
 adversary’s point of strength and to focus         pricing policies to quickly build selective
 instead on an area of weakness in his              demand.
 defenses. This is the basic premise of
 flanking.                                          Japanese auto companies, for instance,
 Many marketers ignore the lessons of               penetrated the U.S. car market by focusing on
 military history and continue to attack            the low-price segment, where domestic
 competitors "head on," a strategy that             manufacturers’ offerings were limited.
 seldom works. They should consider flanking.       Domestic car manufacturers were relatively
 Flanking strategies can be either offensive or     unconcerned by this flanking action at first.
 defensive:                                         They failed to retaliate very aggressively
                                                    because the Japanese were pursuing a
 Flanking Attack (offensive) - In business          segment they considered to be small and
 terms, a flanking attack involves competing        unprofitable. History proved them wrong.
 in a market segment that the target does not
 consider mission critical. The target              In some cases, a successful flank attack need
 competitor will not be as concerned about          not involve unique product features. Instead,
 your activities if they occur in market niches     a challenger can sometimes meet the special
 that it considers peripheral.                      needs of an untapped segment by providing
 Flanking Position (defensive) - This involves      specially designed customer services or
 the re-deployment of your resources to deter       distribution channels. For instance, Apple’s
 a flanking attack. You strengthen your flank if    iTunes music store has captured more than 5
 you think it is vulnerable. The disadvantage       percent of the global recorded music market
 of this defense is that it can distract you from   by offering a convenient (and legal) way for
 your primary objective and siphon resources        Web-savvy consumers to locate and
 away from where they are needed most.              download songs for their personal music
                                                    libraries.
 A Flank attack seeks to avoid direct
 confrontations by focusing on market
 segments whose needs are not being
 satisfied by existing brands and where no
 current competitor has a strongly held
 position. It is appropriate when the market
 can be broken into two or more large
 segments, when the leader and/or other
 major competitors hold a strong position in
 the primary segment, and when no existing
 brand fully satisfies the needs of customers
 in at least one other segment. A challenger

13                                                                     FEBRUARY 2013
SPECIAL STORY
 Maneuvering                                      Encirclement strategy is the pincer strategy-
 Winston Churchill his series entitled “The       “Surround then on two extreme sides”.
 World Crises” states that maneuver is            L’Oreal has been launching innovative
 necessary before one group can flank             products in the high end market while
 another.                                         introducing their simpler versions in the mass
 Maneuvering is typical of competition during     markets. This strategy has allowed L ‘Oreal to
 the early and developing stages of a market.     press its competition from both the ends.
 Almost every great company establishes
 themselves by maneuvering themselves into        Deploy your                    S W AT S
 a position where it is considered the best       to    Secure                      your
 choice for customers.
 This maneuverability must also remain a main     Flanks
 focus of organizations once they mature as       A great asset in warfare is possession of
 they keep track of the major established         SWATS (Superior Weapons and Tactics
 segments in the total market. This obsession     Systems). Large organizations posses an
 with maneuvering can leave new, vulnerable       advantage over smaller ones; numerical
 flanks in                                        superiority, based on economics of scale, is
 the market, which smaller organizations can      vital to the rules of engagement, profitability
 attack with specialty products and offerings.    and competition. The business strategy of
 Encirclement                                     competing with scale mirrors what military
 Encirclement is an offensive strategy that       generals do in combat. As Sun Tzu wrote in
 involves targeting several smaller untapped      The Art of War, "know the enemy and know
 or underdeveloped segments in the market         yourself and in a hundred battles you will
 simultaneously.                                  never be defeated; when you are ignorant of
 In Operation Desert Storm, more than             the enemy but know yourself, your chances
 100,000 Iraqi troops crossed into Kuwait,        of winning or losing are equal; if you are
 fixed themselves into strategic positions — in   ignorant of both your energy and yourself,
 front lines — to combat U.S. General H.          you are certain to be defeated." Firms must
 Norman Schwarzkopf-led Allied Forces. They       thoroughly understand themselves and their
 ignored one of the basic rules of defensive      competitors          through        appropriate
 warfare — secure the flanks. They lost.          environment        scanning     and      market
 Military legends like Napoleon, Hannibal, and    intelligence.
 Julius Caesar have used flanking maneuvers       Securing flanks means using multiple SWATS
 — surrounding opposing force from two or         tools while understanding that some will
 more directions, thereby reducing its ability    become obsolete with time. Stay paranoid,
 to defend itself.                                stay successful is the mantra after all!
 There is a lesson here for business. The idea
 is to surround the leader’s brand with a
 variety of offerings aimed at several
 peripheral segments. This strategy makes
 most sense when the market is fragmented
 into many different applications segments or
 geographical regions with somewhat unique
 needs or tastes. A variation of the


THE MARKSMAN                                                                                        14
FEATURED ARTICLES

       RIM rebranded to
       Blackberry at the
     launch of Blackberry
       10. Will it work?
 Aditya Khajuria, Goa Institute of Management




     “When you develop your brand name on a foundation of strategy, consumers don’t only hear,
                                  they listen” - blackcoffee.com

 In the middle of all the excitement related to launch of the new BlackBerry 10 phones and
 operating system, company also announced that it is dumping its earlier name and it will now be
 called “BlackBerry” instead of “Research In Motion.” and the stock will begin trading on the
 Nasdaq under the ticker symbol “BBRY” on Feb 4, 2013. BlackBerry has finally aligned the
 company name with its primary product around which its strategy revolves, which many analysts
 and investors had been urging for long time. When CEO Thorsten Heins announced “We have
 reinvented the company, and we want to show that in our brand. From today on we are
 BlackBerry everywhere in the world”, it had made important step towards the future of the
 company.
 Establishing its corporate identity on the basis of its main product, smartphone, is being looked by
 brand experts as "brilliant" but also "risky." Many believe that name change was long overdue and
 its gives the company chance to reinvent itself. Much depends on how will consumers look at
 corporate rebranding and view BlackBerry as a new company. Chances of getting rid of negative
 associations that the company has built up over the last few years are bright, as consumers may
 come back and give Blackberry chance once more to prove its superiority. BlackBerry already
 enjoys global recognition, therefore probability of causing confusion among consumers and
 backfiring of this move are slim. But the perception among some consumers that the BlackBerry
 brand itself has become out dated and invokes the images of clunky QWERTY keyboards, does
 pose certain risk for the success of rebranding.
 Future for BlackBerry looks bright and promising, in wake of its recent smart phone launches,
 BlackBerry Z10 and BlackBerry Q10, which has again rejuvenated the brand to challenge market
 leaders. BlackBerry comes with a new vision, a new attitude and new energy. Company is using
 this opportunity to hold events to meet with developers, business partners and customers all
 around the world. According to YouGov Brand Index’s Buzz score, BlackBerry has been steadily
 improving its position and looks well placed to achieve higher market share. Blackberry, iPhone,
 and Galaxy were measured with YouGov Brand Index’s Buzz score. Its finding has shown that the
 Blackberry brand has been picking up more positive feedback than negative from consumers since
 mid-January 2013, as at the same time Apple’s iPhone’s recent perception is declining.


15                                                                    FEBRUARY 2013
FEATURED ARTICLES
                                                     YouGov Investor View data from April 2012 to
                                                     March 2013 shows that 43% of Blackberry
                                                     owners were expected to purchase another
                                                     Blackberry in Jan-March 2013 as compared to
                                                     18% in the quarter April-June 2012. Loyalty for
                                                     iPhone owners dropped from 92% to 85% over
                                                     the same period, while Galaxy’s improved from
                                                     46% to 53%.Therefore, the decision of the
                                                     management to rebrand itself towards its rising
                                                     smartphone is likely to bring rewards for the
                                                     company.

 The company is generating buzz for its much
 anticipated planned SuperBowl ad. Alicia Keys,
 famous American singer and actress, was made
 brand’s global creative director. New tagline “One
 brand. One promise.” aimed at calling attention to
 the company's transition to its new identity and
 renewed focus on its products was also introduced.
 All these rebranding activities signal opportunity for
 the organization to refresh its culture and way of
 doing business for its 12,000 employees. Upcoming
 times for BlackBerry could represent one of the
 greatest revivals in the industry and certainly
 BlackBerry has taken step in right direction.




THE MARKSMAN                                                                                      16
REWIND


               First Marketing Round Table Conference


  SIMSR conducted its
     first Marketing
       Round Table
 Conference on 16th of
 Feb, 2013. It was first
 of its kind conference
   organised bringing
  together alike mind
        marketing
       enthusiasts.

 The event began with
 the unveiling of logo
 of Marketing Round
 Table Conference.
 The logo depicts the strength of marketing department of SIMSR with a tagline
 ‘together, moving forward’.
 Theme for the Conference: Marketing is evolving faster than ever before. Not
 because of technology itself, but because markets and A new generation of brands
 are shaping markets customers right now. These new brands are playing a different
 game – new rules, new tools – and with more impact. And hence the theme for the
 conference- ‘Rethinking Marketing’.
 Prof. Isaac Jacob started the conference by giving his
 thoughts on ‘Rethinking Marketing’ with the latest trends
 in Marketing spot and then followed by each speaker
 describing their outlook towards the sphere of discussion.
 It then led to the basis for the Round Table Conference
 where the topic was discussed, argued, views were
 shared and new thoughts were originated.



17                                                            FEBRUARY 2013
REWIND




  Dr. Bhaskar Das                     Dharmendra   Amit Tripathi
                                       Satapathy

The Conference had well-
regarded speakers –Dr. Bhaskar
Das, Group CEO Zee Mews &
DNA; Dharmendra Satapathy, VP
& Head Marketing Tata Mutual
Funds; Amit Tripathi, MD ID8
Labs. Prof. Isaac Jacob, Marketing
Professor, SIMSR, played a role of
moderator for the conference
discussion.      The      listeners
encompass of Industry Experts,
Marketing Professors, Alumni,
and students from B-schools.

Takeaways: New perspective on
Marketing and what lies in future
for Brands in area of marketing
was highlighted. Speakers shared
their    industrial  perspective
thoughts and brought out the
unique way in which marketing
should be reconsidered and
thought upon by the Marketers.
It was a very informative,
interactive session and a great
learning experience for the
listeners.

THE MARKSMAN                                                       18
BOOKWORM


                                The Fall Of
                            Advertising And
                             The Rise Of PR
                                 Authors- Al Ries and Laura Ries


 This Business Week best-seller by the father-daughter duo Al Ries and
 Laura Ries explains the difference between Advertising and PR, which
 to a novice would appear as off shoots of one another. But once you
 are done with this book, you will never see the two in the same way
 again.

 "Creativity wins awards, but does it also win sales? To be effective,
 advertising doesn't need creativity. It needs credibility." and that is
 where PR comes into the picture.

 The book draws comparisons between advertising and PR, outlining
 the tangible benefits of them both as marketing tools and then goes
 on to explain why PR will become a dominant force in brand building
 in the future. The biggest strength of this book is the number of real
 life examples that have been provided to drive its point forward. The
 language used is simple and lucid, keeping the pace of the book fast so
 that there is not a single dull moment.

 This book will leave a lasting impression on you and is a must read for
 all those who want to make a career in Marketing.

19                                                 FEBRUARY 2013
SqAreheaD




THE MARKSMAN               20
BUZZ
                    The Crossword                                 Across
                                                    1. In 1931, this automobile company
                                                    was bought by Rolls- Royce secretly
                                                    using a company named British Central
                                                    equitable Trust. The founder of this
                                                    company was called "W.O" and was
                                                    known for rotary aero-engines in WWI.

                                                    2. The founder of this company received
                                                    a patent on his "Lucky Curve" feed that
                                                    was incorporated in the product. The
                                                    image shows the equation of Martini
                                                    which is linked to the company.

                                                    3. For which company did Leo Burnett
                                                    create this iconic image after WWII,
                                                    getting inspiration from an issue of LIFE
                                                    magazine.

                                                    7.    Which ice-cream company was
                                                    created by P L Lamba to cater to
                         The Clues                  American soldiers who were stationed in
                                                    Delhi in WWII. Image shows the earlier
                                                    logo of the company.
     1.                    2.              3.
                                                    9. Which company started operations as
                                                    "Dandekar & Co." with "Horse Brand"
                                                    Ink powders and tablets in 1931? The
                                                    company shown in the image currently
                                                    owns 51% stake in the company.

                                                                  Down
 4.                       5.               6.       4. Which ad agency is responsible for
                                                    the Lalitaji campaign? The company is
                                                    the acronym of Lever International
                                                    Advertising. Major shares are owned by
                                                    the company given in the image.

                                                    5. The co-founder of which company in
     7.                   8.               9.       an active investor in alternative energy
                                                    companies, such as Tesla Motors.

                                                    6. The logo of which company is
                                                    representative of a light that has 3
                                                    crossed tuning fork? The image is the
                                                    previous logo of the company.

          7.Kwality 8.Rupa 9.Camlin                 8. Satyajit Ray, the acclaimed film
                                          Answers   maker, had designed the logo of which
          4.Lintas  5.Google 6.Yamaha
                                                    company for which all he asked for in
          1.Bentley 2.Parker 3.Marlboro             return were some books?


21                                                    FEBRUARY 2013
CALL FOR ARTICLES
              FOR MARCH 2013

   Articles can be sent on any one of the following topics*:


          1. Dettol vs. Vim: The Return of Ad Wars.
          2. Youtube now entices Indian Marketers
          3. Will themed malls work in a country like India ?



   *Please ensure that there is no plagiarism and all references are
   clearly mentioned
       1. One article can have only one author.
       2. Your article should be from 500-600 words and MUST
          be replete with relevant pictures that can be used to
          enhance your article.
       3. Send in your articles in .doc/.docx format with font
          size 11 (Arial) to: interface.newsletter@gmail.com
       4. Subject Line: Your Name_InstituteName_CourseYear.
       5. Kindly name your file as: Your Name_Topic
   The best adjudged article will be given a winner's certificate.
   Deadline for submission of the articles: 11:59 PM , 16 March
   2013.




THE MARKSMAN                                                           22
To subscribe to "The Marksman", Follow the link:-
              http://interfacesimsr.weebly.com/the-marksman.html

        OR drop in a mail/contact us at : interface.newsletter@gmail.com
         Subject line: Subscribe: Your Name_Institute Name_Course Year



                               THE TEAM
            COVER STORY                   SPECIAL STORY     It’s all about AD-itude
        Keith Mascarenhas                 Niyati Chamyal          Pallavi Srivastava


              SquAreheaD               Brand MARK ive         Hallmark Campaign
          Pallavi Srivastava            Upveen Tameri                 Hinal Shah


                TWEETS                             BUZZ              BOOKWORM
           Upveen Tameri                    Sujit Mishra           Tilottama Sanyal


                                                DESIGN              PROMOTIONS
                                       Tilottama Sanyal              Vibhav Shukla
                                         Yash Chamaria


Follow us at:                                                           Website:
http://www.facebook.com/simsr.interface         http://interfacesimsr.weebly.com

23                                                         FEBRUARY 2013
Team MARKSMAN wishes all its readers




            Happy Reading!

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The marksman february 2013

  • 1. The MARKSMAN K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH VOL. 3| ISSUE VIII| FEB‘13 COVER STORY
  • 2. EDITOR’S DESK Dear Readers, Welcome back to a brand new edition of your favourite marketing magazine and guide – THE MARKSMAN! In our endeavour to incessantly add more value to your reading,the cover story for the issue is One to One Marketing, a personalization of interactions with the customer which fosters greater customer loyalty and is now considered a better return on marketing investment. Our special story is on Marketing Warfare, taken from the trenches of modern warfare are a set of strategies that marketers use today to make a kill. Our featured article of the month talks of RIM’s rebranding to Blackberry and what the future holds for this brand. We would like to congratulate Aditya Khajuria (Goa Institute of Management) for being adjudged the Best Article of the Month. Get to know what happened in the First Marketing Round Table Conference held at SIMSR. The panelists include eminent industry figures like Dr. Bhaskar Das, Mr. Dharmendra Satpaty and Mr. Amit Tripathi. This months’ Brand Markive tells the story of Nike and how it emerged from scratch to become one of the strongest and brightest brands of today. In It’s All About AD-itude, this time we give you a triple treat with a special inclusion of a fresh new OOH campaign along with the featured TVC and print ad. Unwind with our regulars- SquAreHead, Bookworm, Tweets and Hall-MARK Campaign. Get inquisitive with Buzz and do not forget to write in with articles (check the last page for topics), your thoughts or suggestions. Cheers !! Team – Marksman The Interface – The Marketing Club of SIMSR 01 FEBRUARY 2013
  • 3. CONTENTS It’s all COVER STORY TWEETS about AD-itude! 03 06 Brand Hall-MARK MARK ive Campaigns 04 07 ONE to ONE MARKETING SPECIAL STORY 08 FEATURED ARTICLE RIM rebranded to Blackberry at MARKETING WARFARE the launch of Blackberry 10. Will 12 it work? …15 Rewind 17 Bookworm 19 SqAreheaD 20 BUZZ 21 THE MARKSMAN 02
  • 4. TWEETS Google planning to launch its own retail stores by December Some unconfirmed rumors from multiple unnamed sources claim that Google wants to provide space for customers to try out its Nexus devices, software like the Chrome browser and unnamed upcoming products. Google's already opened a few pop-up shop at temporary locations in airports and in other stores, like the one pictured above in the UK. It wants to further expand to full fledged stores by the holiday season. RIM rebrands itself to BlackBerry along with BB10 launch RIM(Research In Motion) recently launched its latest iteration of mobile operating software, BB10 and two phones supporting it, the BlackBerry Z10 and BlackBerry Q10. With this they also renamed the company to BlackBerry to have a more consistent image with the product. They have also changed the name of their app store from BlackBerry App World to BlackBerry World. To top it up, they shall now add music and videos to their stores. Nestle finds horsemeat in beef pasta meals in Italy and Spain Nestle, the world's biggest food company, has removed beef pasta meals from sale in Italy and Spain after finding traces of horse DNA. The discovery of horsemeat in products labeled as beef has spread across Europe since last month, prompting product withdrawals, consumer anger and government investigations into the continent's complex food-processing chains. Nike, Oakley move away from Oscar Pistorius Two major sponsors, Oakley and Nike, distanced themselves from Olympic athlete Oscar Pistorius on Monday after the South African sports star was charged with murder in the shooting death of his girlfriend. Oakley, the eyewear maker, suspended its contract with Pistorius, and Nike, which sells shoes and other athletic gear, said it has no plans to use him in future ad campaigns. Pistorius lost both of his legs in childhood. Racing on carbon-fiber blades, he was the first amputee athlete to run at the world championships in 2011, and he made history competing in the London Olympics last year. Reader's Digest parent company files for bankruptcy again The owner of magazine Reader's Digest, once the staple of doctors' offices and coffee tables, has filed for bankruptcy for the second time in less than four years, citing a greater-than-expected decline of the media industry.Its international operations are not part of the filing. It is the second time the company filed for bankruptcy protection since 2009.DeWitt Wallace and his wife Lila Acheson Wallace founded Reader's Digest in 1922. The magazine offered readers stripped-down versions of articles about health, home and family from other publications. It eventually became the best-selling consumer magazine in the United States. Today it operates print and digital magazines, books, music and videos worldwide and has more than $1.1 billion in assets, according to court documents. 03 FEBRUARY 2013
  • 5. Brand MARK ive NIKE Just Do It. These three letters combined with the Swoosh symbol, could be said to be one of the most famous and recognizable brand elements the world over. But before there was the Swoosh, before there was Nike, there were two visionary men who pioneered a revolution in athletic footwear that redefined the industry. These men were Bill Bowerman and Phil Knight. Bill Bowerman was a track and field coach at University of Oregon and Phil Knight was a middle distance runner from Portland. Together, these two men made from scratch the Nike we all know. Together they pledged $500 each and in January 1964, Blue Ribbon Sports was formed. The name Nike and the Swoosh symbol only came up in 1971 and 1972 respectively. Nike is since a household name for performance sportswear and they have many a famous technologies like Nike Air and Nike Airmax to their credit. Air Jordan, a signature shoe for basketball player Michael Jordan was a runaway success too. They also purchased big established brands like Converse, Hurley, Cole Haan, Umbro and also made a separate brand for its golf equipment called Nike Golf. THE MARKSMAN 04
  • 6. Brand MARK ive By the acquisition of Converse, Nike could tap the huge casual shoes market, also called sneakers. Hurley was a lifestyle brand basically for surfing and skateboarding clothing and equipment. Cole Haan is a high end Formal shoe maker and Umbro is into football equipment. In late 2012, Nike sold off Umbro and Cole Haan to focus more on their more popular shoes. Nike has also been well known for coming up with hard hitting and impactful yet subtle advertisements. Their “Bleed Blue” campaign with the Indian cricket team was a huge hit too. Majority of their advertisements have very little text and have more of a self explanatory imagery associated to it. All this, and much more has gone into a brand that is a byword for pure athletic performance and latest in technological innovations and this has resulted in Nike being the No. 1 sporting goods company for over two decades now. Just Do It..Well they sure practice what they preach! 05 FEBRUARY 2013
  • 7. It’s all about AD-itude Mercedes Benz campaign would make you look twice! Media: Print Advert title: Look to the side without looking to the side Creative Agency: Jung von Matt, Hamburg, Germany This print campaign for Mercedes Benz plays on the fact that you don’t have to turn your head and look over your shoulder while driving by featuring a compelling illusory visual. The tagline “Look to the side without looking to the side” itself grabs lot of attention. The campaign won a Gold Lion at the Cannes Advertising Festival and also won first place at the prestigious Red Dot Design Awards. Idea Cellular comes up with yet another HUL’s Roti Reminder! brilliant Idea! Media: OOH Media: TVC Advert title: Telephone Exchange Advert title: Lifebouy se haath dhoye kya? Creative Agency: Lowe Lintas, India Creative Agency: OgilvyAction, India At Kumbh Mela, the largest congregation on After addressing environmental, political, earth where all big marketers are trying to sell caste, language and population control their products and boost their brands, one issues, telecom player Idea Cellular's latest promotion that stands out is Hindustan television commercial, built around the Unilever’s ‘Roti Reminder’ for its Lifebouy soap 'What an Idea' thought, turns attention to brand. marital discord. In the ad, a son swaps his More than 100 dhabas and hotels at the mela parents' phones so that each spends a day site served rotis that were stamped with receiving calls meant for the other. By the “Lifebouy se haath dhoye kya?” end of the day, this 'telephone exchange' The ‘Roti Reminder’ gets a consumer’s evokes some much needed empathy on the attention at the exact time when hand part of both partners. Towards the end of the washing is critical. ad, the words 'Ek doosre ko samajhne ke liye This simple, clutter-breaking idea helped HUL telephone exchange - What an idea!' serve to reach out to a massive audience, at a fraction tie the ad back to the brand's long-standing of the cost. Brilliant promotional strategy! 'What an Idea' umbrella. THE MARKSMAN . 06
  • 8. Hall-MARK Campaign a husband waiting for his wife to safely reach home before he drives away in a taxi. It is followed by a husband adjusting his seat so that his wife is shadowed from the sun. Another instance shows a family waiting at the railway station late in the night and the father is holding on his little son’s pant loop so that he doesn’t wander away. It is continued by another case where in father at the school protecting his child from the rebukes of a headmistress. The TVC ends with a young husband swapping places with the wife, while You might have seen, felt and spoken about the walking on the side of the road, in order to deeds of a woman, often given credit to a protect her from oncoming vehicles and the woman in your life for different roles she plays. voice over stating, “Jo zimmedari nibhaate hain Women are often considered symbolism for who jataate nahin. Unko suraksha dete hain maternity, caring, love, sacrifice and hum. ICICI Prudential Life insurance – selflessness. It is an old saying- ‘After every Zimmedari ka humsafar,” thus equates the role successful men there is a hand of woman.’ of a family provider with the insurance brand. True. But never a word said for men’s caring ways… it goes unstated. Men do have a caring, The TVC is based on the insight that tender side to them, which hardly ever comes contemporary family men shoulder their to one’s attention. responsibilities very well without making a hullabaloo. The brand stands with such men ICICI Prudential has taken notice of this, with its who implicitly take their responsibilities. latest campaign celebrating the "family man", it This is often the important and unstated role. It talks about the Good Men. The commercial equates the man’s role in family with the role stands apart from its earlier campaigns, which of life insurance in one’s life – understated care have essentially focused on ICICI Prudential's but important for the family’s well-being. product features. The key thought is very sensitive; however, it could have been taken to the next level by The four-week campaign has been created by integrated communication with the support of Lowe Lintas and Partners. Inspired by real life other mediums as well. incidents, the 30-, 60- and 90-second TVC shows everyday’s simple situations, where men This ad campaign stands as a Hallmark in various stages of family life, perform small, Campaign for the unique thought it propagates caring acts that are taken for granted. Even the and the creatives it depicts through small men do these without getting it noticed. instances in life– an ad to which everyone Story Board would relate. The film features instances like a father checking the sturdiness of the plank before he calls out to his family to join him on a ferry ride; a husband ensures that his wife doesn’t hurt her head by the open drawer. The next features 07 FEBRUARY 2013
  • 9. C O V E One-to-one marketing (sometimes anticipating orders, sometimes even before expressed as 1:1 marketing) is the ability to they walked into the store. They all realized R customise the communication and offerings that customers can purchase the same to each individual customer, on the basis of products at the same prices from many their stated or implied preferences. It is a other retailers. Everything being customer relationship management (CRM) standardized, the only way they could S strategy emphasizing personalized differentiate themselves from the interactions with customers. The competition was in the service area. This is T personalization of interactions is thought to why they began engaging customers foster greater customer loyalty and better through interactions, remembering details O return on marketing investment. about their preferences and characteristics; A typical one-to-one marketing dialog will and using this knowledge to provide better R involve the representative service. One-to-one marketing seeks to or sales person listening to what reinvest marketing with the personal touch Y the customer requires and then absent from many modern business proposing services or goods they interactions. can offer to meet those requirements. So why did the biggest companies turn their The concept of one-to-one marketing as a backs on a handy and successful tool? One CRM approach was advanced by Don reason was the post-war customer Peppers and Martha Rogers in their 1994 sentiments combined with a mass book, The One to One Future. production strategy. The post war period was a time of economic growth when Old wine in a new bottle? customers would clamour for whatever The term sounds new because it is. goods were available. Additionally, Henry However, the approach has been used for Ford’s quote - “Any customer can have a car ages. For years, proprietors of general painted any colour that he wants so long as stores or Kirana stores as they are called in it is black” summed up the focus India took care of their customers by manufacturing companies had. THE MARKSMAN 08
  • 10. COVER STORY So what’s suddenly changed? Why do we need 1:1 marketing now? Consumers: “One size fits all” is out-of-date. Consumers are better educated and informed. They want to be seen and treated as individuals and are prepared to pay for it. Competition: It is becoming more difficult by the day, to differentiate products. Almost all products and substitutes focus on quality, value for money, durability, etc. Profitability: 20% of customers provide 80% of your profits. This means only one thing – Hold on to your loyal customers and never let go. Technology advancements: The launch of 3G and 4G services in India will Differentiate customers on the basis of usher in possibilities enabling highly- interactive their needs and values to the company two-way communication with each customer of The core target group mentioned earlier is one the company. Technology enables companies to that provides the highest margins, concentrate identify the customer at every touch point — be it on these customers and a healthy profit will when the customer logs into the web site using a always follow. You also need to concentrate on customer ID and password, or swipes his credit both existing and new customers at the same card. Companies need to use the intelligence time. This will ensure that your customer base residing in such data to push one-to-one is constantly expanding. Using this approach, marketing. you are differentiating your customers on their needs and values. Want to be a one-to-one marketer? : The Framework Identify prospects and customers The first thing you need to do is ensure you’re Interact with individual customers not targeting the mass market blindly, unless Interaction on an individual level provides three of course the product is a mass-market prominent benefits. Firstly, it helps build strong product. Instead, break down your population relationships with the customer – a strong using good-ol’ segmentation. The key is to stay differentiator. Secondly, a satisfied customer who strong among your core target group while has directly interacted with the company has a expanding your presence in other groups. This higher chance of recommending it to his peers. is where one-to-one marketing comes in; you And lastly, it helps improve knowledge about identify your core target group by interacting them, understanding their unique requirements with your customers and identify both and hence customizing the offering. prospective and future customers. 09 FEBRUARY 2013
  • 11. COVER STORY Customize the product service and message to each customer An appropriate example to use would be banks. They have a large bouquet of financial products. Each product is designed to target a different target segment of customers. Everything from the message conveyed to the core benefit of the product is customized. For example an insurance plan that targets a young executive looking for individual cover as compared to a married man looking for a family cover. Popular 1:1 Marketing Front Adidas invented the concept of doing it yourself. Adidas provided its customers with the Runners opportunity to design their own Adidas trainers online to enable them to make a statement with what they put on their feet. As an added bonus, they were enrolled into a competition to design soccer prodigy Lionel Messi’s boots. Offline 1:1 marketing is exemplified by Tesco, Amazon pioneered the use of one-to-one which sends out highly personalised coupons for marketing in software and continues to each category of item sold in its stores and online, prominently use it to market its products. The which the customers find relevant as these offers company tracks what customers have searched are for categories or products that the customers for, clicked on, looked at or purchased. It then buy regularly. displays products based on this past information trail. This focused marketing approach lets the customer know that he or she has been noticed. Additionally it gives the customer access to the type of products he or she has expressed interest in and hence increases purchase probability. In India, multiple brands like Domino's, Van Heusen and online travel portals have been customising offers and deals to each individual customer. For example, a frequent traveller on the Mumbai-Chennai sector would find a discount Another example of direct marketing is that of offer on this sector far more meaningful than one customized personal computers by Dell on the Mumbai-Delhi sector. Current portals are Computers. Dell allows the customers to interact designed to employ user information and provide with Dell via its web site (or off-line for large intelligent and relevant offers that will fuel corporate orders), to create a unique product and profitable in the long run. then builds the computer based on it. THE MARKSMAN 10
  • 12. COVER STORY Is it just overstated? at the same time, may not be able to afford the One-to-one marketing is based on the premise expensive variant either. that the company or marketing team can predict The manner in which products are presented also what the customer wants before he does. In an affects preferences. When products are shown article for Stanford Graduate School of Business; together, consumers tend to choose more on Professor of marketing, Itamar Simonson, opines price than brand. When products are displayed that these predictions are exaggerated and sequentially, consumers rely more on brand and overblown.One-to-one marketing would be a less on price. Thus, less expensive products will do goldmine if customers made clear and consistent better if presented on the store shelf next to more choices and buying decisions. However, buyers expensive, better-known brands, rather than on preferences are often fuzzy and unstable; and end-of-aisle displays. more so, buyers themselves can’t explain their own buying decisions. Last word Which leads us to the next obvious question – The advent of the internet, mobile data Why are preferences so fickle? connectivity and associated tools provide an easy Preferences are often determined by the options and affordable method to adopt one-to-one customers are shown and the way in which marketing on a large scale. However, marketers products are presented. will be ill-advised to assume that simply adopting Customers frequently don't know the value of one-to-one marketing via the Internet will products by themselves. They mostly rely on what dramatically change the basic rules of they see at the mall, i.e. rely on comparisons set competition. Results are likely to be more up by the retailer to determine if an offer is a impressive if they combine customer knowledge “good buy”. with an understanding of what influences buyer Shoppers tend to compromise. Companies provide decisions. A wine seller who not only relies on a similar products in various price ranges. However, consumer's demographics and purchase history it is noticed that sales of mid-priced products are but also manages the set of wines presented on a boosted the most. This is because customers screen or catalogue page is likely to have greater don’t want to buy the cheapest available item. But success. 11 FEBRUARY 2013
  • 13. S P E Marketing is a war! Competitors fight it out business in several ways. Leaders in both C in this slugfest to gain the highest market spheres must: share, to increase their profitability or to • Deal with a world of 24/7 information and I best meet the customer demands. All our public scrutiny marketing gurus have always advocated a • Cope with perpetual ambiguity A customer centric approach. Customer is • Adjust to ever-changing goals the ultimate decider of the fate of any L business, or so we are told! If being The Four Strategies successful was only about delighting the The language of marketing has been customer, then the market leader simply borrowed from the military. We talk about : would be the firm that performed the best Defensive marketing: securing competitive S market research. Clearly, much more is advantage required! Offensive marketing : protecting competitive T advantage Al Ries and Jack Trout, in Marketing Guerrilla marketing : Attack, retreat, hide, O Warfare argue that the concept of then do it again, and again, until the customer-oriented philosophy is competitor moves on to other markets R inadequate. Rather, firms would do better Flanking: (Often overlooked yet one of the by becoming competitor-oriented. most powerful military strategies) Y Marketing has always been a battle raging between the strong, resourceful, established players and small, ambitious but innovative firms. Military strategies and marketing strategies have therefore always had a common connected thread running between them. It seems like every generation of business leaders has looked to the military for inspiration and wisdom. The early part of the 21st century seems no different in this regard. The military provides a model for THE MARKSMAN 12
  • 14. SPECIAL STORY Flanking may be able to capture a significant share of The military historian B. H. Liddell-Hart, after the total market by concentrating primarily analyzing battles ranging from the Greek on one large untapped segment. This usually Wars to World War I, determined that only 6 involves developing product features or out of 280 victories were the result of a services tailored to the needs and frontal attack. He concluded that it is usually preferences of the targeted customers, wiser to avoid attacking an established together with appropriate promotional and adversary’s point of strength and to focus pricing policies to quickly build selective instead on an area of weakness in his demand. defenses. This is the basic premise of flanking. Japanese auto companies, for instance, Many marketers ignore the lessons of penetrated the U.S. car market by focusing on military history and continue to attack the low-price segment, where domestic competitors "head on," a strategy that manufacturers’ offerings were limited. seldom works. They should consider flanking. Domestic car manufacturers were relatively Flanking strategies can be either offensive or unconcerned by this flanking action at first. defensive: They failed to retaliate very aggressively because the Japanese were pursuing a Flanking Attack (offensive) - In business segment they considered to be small and terms, a flanking attack involves competing unprofitable. History proved them wrong. in a market segment that the target does not consider mission critical. The target In some cases, a successful flank attack need competitor will not be as concerned about not involve unique product features. Instead, your activities if they occur in market niches a challenger can sometimes meet the special that it considers peripheral. needs of an untapped segment by providing Flanking Position (defensive) - This involves specially designed customer services or the re-deployment of your resources to deter distribution channels. For instance, Apple’s a flanking attack. You strengthen your flank if iTunes music store has captured more than 5 you think it is vulnerable. The disadvantage percent of the global recorded music market of this defense is that it can distract you from by offering a convenient (and legal) way for your primary objective and siphon resources Web-savvy consumers to locate and away from where they are needed most. download songs for their personal music libraries. A Flank attack seeks to avoid direct confrontations by focusing on market segments whose needs are not being satisfied by existing brands and where no current competitor has a strongly held position. It is appropriate when the market can be broken into two or more large segments, when the leader and/or other major competitors hold a strong position in the primary segment, and when no existing brand fully satisfies the needs of customers in at least one other segment. A challenger 13 FEBRUARY 2013
  • 15. SPECIAL STORY Maneuvering Encirclement strategy is the pincer strategy- Winston Churchill his series entitled “The “Surround then on two extreme sides”. World Crises” states that maneuver is L’Oreal has been launching innovative necessary before one group can flank products in the high end market while another. introducing their simpler versions in the mass Maneuvering is typical of competition during markets. This strategy has allowed L ‘Oreal to the early and developing stages of a market. press its competition from both the ends. Almost every great company establishes themselves by maneuvering themselves into Deploy your S W AT S a position where it is considered the best to Secure your choice for customers. This maneuverability must also remain a main Flanks focus of organizations once they mature as A great asset in warfare is possession of they keep track of the major established SWATS (Superior Weapons and Tactics segments in the total market. This obsession Systems). Large organizations posses an with maneuvering can leave new, vulnerable advantage over smaller ones; numerical flanks in superiority, based on economics of scale, is the market, which smaller organizations can vital to the rules of engagement, profitability attack with specialty products and offerings. and competition. The business strategy of Encirclement competing with scale mirrors what military Encirclement is an offensive strategy that generals do in combat. As Sun Tzu wrote in involves targeting several smaller untapped The Art of War, "know the enemy and know or underdeveloped segments in the market yourself and in a hundred battles you will simultaneously. never be defeated; when you are ignorant of In Operation Desert Storm, more than the enemy but know yourself, your chances 100,000 Iraqi troops crossed into Kuwait, of winning or losing are equal; if you are fixed themselves into strategic positions — in ignorant of both your energy and yourself, front lines — to combat U.S. General H. you are certain to be defeated." Firms must Norman Schwarzkopf-led Allied Forces. They thoroughly understand themselves and their ignored one of the basic rules of defensive competitors through appropriate warfare — secure the flanks. They lost. environment scanning and market Military legends like Napoleon, Hannibal, and intelligence. Julius Caesar have used flanking maneuvers Securing flanks means using multiple SWATS — surrounding opposing force from two or tools while understanding that some will more directions, thereby reducing its ability become obsolete with time. Stay paranoid, to defend itself. stay successful is the mantra after all! There is a lesson here for business. The idea is to surround the leader’s brand with a variety of offerings aimed at several peripheral segments. This strategy makes most sense when the market is fragmented into many different applications segments or geographical regions with somewhat unique needs or tastes. A variation of the THE MARKSMAN 14
  • 16. FEATURED ARTICLES RIM rebranded to Blackberry at the launch of Blackberry 10. Will it work? Aditya Khajuria, Goa Institute of Management “When you develop your brand name on a foundation of strategy, consumers don’t only hear, they listen” - blackcoffee.com In the middle of all the excitement related to launch of the new BlackBerry 10 phones and operating system, company also announced that it is dumping its earlier name and it will now be called “BlackBerry” instead of “Research In Motion.” and the stock will begin trading on the Nasdaq under the ticker symbol “BBRY” on Feb 4, 2013. BlackBerry has finally aligned the company name with its primary product around which its strategy revolves, which many analysts and investors had been urging for long time. When CEO Thorsten Heins announced “We have reinvented the company, and we want to show that in our brand. From today on we are BlackBerry everywhere in the world”, it had made important step towards the future of the company. Establishing its corporate identity on the basis of its main product, smartphone, is being looked by brand experts as "brilliant" but also "risky." Many believe that name change was long overdue and its gives the company chance to reinvent itself. Much depends on how will consumers look at corporate rebranding and view BlackBerry as a new company. Chances of getting rid of negative associations that the company has built up over the last few years are bright, as consumers may come back and give Blackberry chance once more to prove its superiority. BlackBerry already enjoys global recognition, therefore probability of causing confusion among consumers and backfiring of this move are slim. But the perception among some consumers that the BlackBerry brand itself has become out dated and invokes the images of clunky QWERTY keyboards, does pose certain risk for the success of rebranding. Future for BlackBerry looks bright and promising, in wake of its recent smart phone launches, BlackBerry Z10 and BlackBerry Q10, which has again rejuvenated the brand to challenge market leaders. BlackBerry comes with a new vision, a new attitude and new energy. Company is using this opportunity to hold events to meet with developers, business partners and customers all around the world. According to YouGov Brand Index’s Buzz score, BlackBerry has been steadily improving its position and looks well placed to achieve higher market share. Blackberry, iPhone, and Galaxy were measured with YouGov Brand Index’s Buzz score. Its finding has shown that the Blackberry brand has been picking up more positive feedback than negative from consumers since mid-January 2013, as at the same time Apple’s iPhone’s recent perception is declining. 15 FEBRUARY 2013
  • 17. FEATURED ARTICLES YouGov Investor View data from April 2012 to March 2013 shows that 43% of Blackberry owners were expected to purchase another Blackberry in Jan-March 2013 as compared to 18% in the quarter April-June 2012. Loyalty for iPhone owners dropped from 92% to 85% over the same period, while Galaxy’s improved from 46% to 53%.Therefore, the decision of the management to rebrand itself towards its rising smartphone is likely to bring rewards for the company. The company is generating buzz for its much anticipated planned SuperBowl ad. Alicia Keys, famous American singer and actress, was made brand’s global creative director. New tagline “One brand. One promise.” aimed at calling attention to the company's transition to its new identity and renewed focus on its products was also introduced. All these rebranding activities signal opportunity for the organization to refresh its culture and way of doing business for its 12,000 employees. Upcoming times for BlackBerry could represent one of the greatest revivals in the industry and certainly BlackBerry has taken step in right direction. THE MARKSMAN 16
  • 18. REWIND First Marketing Round Table Conference SIMSR conducted its first Marketing Round Table Conference on 16th of Feb, 2013. It was first of its kind conference organised bringing together alike mind marketing enthusiasts. The event began with the unveiling of logo of Marketing Round Table Conference. The logo depicts the strength of marketing department of SIMSR with a tagline ‘together, moving forward’. Theme for the Conference: Marketing is evolving faster than ever before. Not because of technology itself, but because markets and A new generation of brands are shaping markets customers right now. These new brands are playing a different game – new rules, new tools – and with more impact. And hence the theme for the conference- ‘Rethinking Marketing’. Prof. Isaac Jacob started the conference by giving his thoughts on ‘Rethinking Marketing’ with the latest trends in Marketing spot and then followed by each speaker describing their outlook towards the sphere of discussion. It then led to the basis for the Round Table Conference where the topic was discussed, argued, views were shared and new thoughts were originated. 17 FEBRUARY 2013
  • 19. REWIND Dr. Bhaskar Das Dharmendra Amit Tripathi Satapathy The Conference had well- regarded speakers –Dr. Bhaskar Das, Group CEO Zee Mews & DNA; Dharmendra Satapathy, VP & Head Marketing Tata Mutual Funds; Amit Tripathi, MD ID8 Labs. Prof. Isaac Jacob, Marketing Professor, SIMSR, played a role of moderator for the conference discussion. The listeners encompass of Industry Experts, Marketing Professors, Alumni, and students from B-schools. Takeaways: New perspective on Marketing and what lies in future for Brands in area of marketing was highlighted. Speakers shared their industrial perspective thoughts and brought out the unique way in which marketing should be reconsidered and thought upon by the Marketers. It was a very informative, interactive session and a great learning experience for the listeners. THE MARKSMAN 18
  • 20. BOOKWORM The Fall Of Advertising And The Rise Of PR Authors- Al Ries and Laura Ries This Business Week best-seller by the father-daughter duo Al Ries and Laura Ries explains the difference between Advertising and PR, which to a novice would appear as off shoots of one another. But once you are done with this book, you will never see the two in the same way again. "Creativity wins awards, but does it also win sales? To be effective, advertising doesn't need creativity. It needs credibility." and that is where PR comes into the picture. The book draws comparisons between advertising and PR, outlining the tangible benefits of them both as marketing tools and then goes on to explain why PR will become a dominant force in brand building in the future. The biggest strength of this book is the number of real life examples that have been provided to drive its point forward. The language used is simple and lucid, keeping the pace of the book fast so that there is not a single dull moment. This book will leave a lasting impression on you and is a must read for all those who want to make a career in Marketing. 19 FEBRUARY 2013
  • 22. BUZZ The Crossword Across 1. In 1931, this automobile company was bought by Rolls- Royce secretly using a company named British Central equitable Trust. The founder of this company was called "W.O" and was known for rotary aero-engines in WWI. 2. The founder of this company received a patent on his "Lucky Curve" feed that was incorporated in the product. The image shows the equation of Martini which is linked to the company. 3. For which company did Leo Burnett create this iconic image after WWII, getting inspiration from an issue of LIFE magazine. 7. Which ice-cream company was created by P L Lamba to cater to The Clues American soldiers who were stationed in Delhi in WWII. Image shows the earlier logo of the company. 1. 2. 3. 9. Which company started operations as "Dandekar & Co." with "Horse Brand" Ink powders and tablets in 1931? The company shown in the image currently owns 51% stake in the company. Down 4. 5. 6. 4. Which ad agency is responsible for the Lalitaji campaign? The company is the acronym of Lever International Advertising. Major shares are owned by the company given in the image. 5. The co-founder of which company in 7. 8. 9. an active investor in alternative energy companies, such as Tesla Motors. 6. The logo of which company is representative of a light that has 3 crossed tuning fork? The image is the previous logo of the company. 7.Kwality 8.Rupa 9.Camlin 8. Satyajit Ray, the acclaimed film Answers maker, had designed the logo of which 4.Lintas 5.Google 6.Yamaha company for which all he asked for in 1.Bentley 2.Parker 3.Marlboro return were some books? 21 FEBRUARY 2013
  • 23. CALL FOR ARTICLES FOR MARCH 2013 Articles can be sent on any one of the following topics*: 1. Dettol vs. Vim: The Return of Ad Wars. 2. Youtube now entices Indian Marketers 3. Will themed malls work in a country like India ? *Please ensure that there is no plagiarism and all references are clearly mentioned 1. One article can have only one author. 2. Your article should be from 500-600 words and MUST be replete with relevant pictures that can be used to enhance your article. 3. Send in your articles in .doc/.docx format with font size 11 (Arial) to: interface.newsletter@gmail.com 4. Subject Line: Your Name_InstituteName_CourseYear. 5. Kindly name your file as: Your Name_Topic The best adjudged article will be given a winner's certificate. Deadline for submission of the articles: 11:59 PM , 16 March 2013. THE MARKSMAN 22
  • 24. To subscribe to "The Marksman", Follow the link:- http://interfacesimsr.weebly.com/the-marksman.html OR drop in a mail/contact us at : interface.newsletter@gmail.com Subject line: Subscribe: Your Name_Institute Name_Course Year THE TEAM COVER STORY SPECIAL STORY It’s all about AD-itude Keith Mascarenhas Niyati Chamyal Pallavi Srivastava SquAreheaD Brand MARK ive Hallmark Campaign Pallavi Srivastava Upveen Tameri Hinal Shah TWEETS BUZZ BOOKWORM Upveen Tameri Sujit Mishra Tilottama Sanyal DESIGN PROMOTIONS Tilottama Sanyal Vibhav Shukla Yash Chamaria Follow us at: Website: http://www.facebook.com/simsr.interface http://interfacesimsr.weebly.com 23 FEBRUARY 2013
  • 25. Team MARKSMAN wishes all its readers Happy Reading!