<odd>
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<metadata uuid="http://connect2mba.com/export/opendd/797/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="title" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[Valentine's Day- A business Day]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/797/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="description" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[<p>Marketers are always awake to find out business opportunity in scrap also. So how can they leave big business like Valentine&rsquo;s Day? They know customers will spend huge amount in buying gifts, in getting special beauty treatment to look attractive on this day etc. So they start preparing for this in advance and try their best to deliver best. Whole week from 6th Feb. to 14th Feb. is celebrated as Valentine&rsquo;s Day week. Gift shops, cards shops, flower shops, restaurants, all are decorated with love theme. E-mails, mobile inbox are filled with messages about arrival of special Valentine collection within stores.</p>
<p>&nbsp;<br /> Valentine&rsquo;s Day is the time to express your love to your loved ones. This time of year is favourite time for the florists as flower is the best way to express your feeling .Therefore florists charge premium for the flowers, customers are also ready to pay that easily. According to sources last year around 103 million flowers were sold in the U.S during the week leading to Valentine&rsquo;s Day.</p>
<p>&nbsp;The hottest selling flower is the red rose. High demand of red roses put pressure on wholesalers also therefore retailer increase prices of roses to meet the demand.</p>
<p>&nbsp;``In general, Valentine's Day is probably 30 times the normal business day,'' said Kristy Eidam, consumer marketing manager. Valentine&rsquo;s Day is a big business. This day is like a gold mine for restaurants, florists, candy makers, balloon stores and for e- retailers. Majority of business comes from gifts and flowers.</p>
<p>&nbsp;Restaurants owners also enjoy good business on this day. Prior reservation is made to get space. Theme based parties is organized in clubs. Jewellery sales goes up tremendously on this day.</p>
<p>&nbsp;Valentine day is a big business for luxury brands too. Big brands like Gucci, Versace, christen Dior, Ck comes up with their special valentine collection. These brands see jump of 10-12% in sales during this period. Traditional gifts are one side, but when it comes to gifting something different exclusive and different then money does not comes into picture.</p>
<p>&nbsp;Then it It could be a Leiber ring purse for $1,895, an IK rose flower dipped in gold for Rs 1, 300 or a romantic spa package at Galaxy Hotel for Rs 12,500. According to the US&rsquo;</p>
<p>&nbsp;National Retail Federation (NRF), Americans plan to spend a staggering $17.02 billion this year on Valentine&rsquo;s Day. Jim Trippon, an authority on the money habits of self-made millionaires in the US says that this year&rsquo;s day of love will cost the average consumer $1,300. Closer home, the numbers are equally impressive. According to the Retailers&rsquo; Association of India (RAI), the total spent on Valentine&rsquo;s Day gifts last year was about Rs 12 billion ($270 million). Out of this about 30% of the total spend, Rs 360 crore, is estimated to have been spent on jewellery of various kinds.</p>
<p>&nbsp;The tradition is not new, In 1891, an Indian prince sent his beloved in London, a Valentine card set in carved ivory surrounded by diamonds. It cost him &pound;250,000. So the time has changed but the way to show love has been same but more marketed.</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/797/valentines-day-a-business-day">Valentine's Day- A business Day</a></p><p>Marketers are always awake to find out business opportunity in scrap also. So how can they leave big business like Va</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 109 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/797/metadata/12991/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="tags" type="metadata" owner_uuid="http://connect2mba.com/export/opendd/169/" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[valentine day]]></metadata>
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<metadata uuid="http://connect2mba.com/export/opendd/797/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="title" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[Valentine's Day- A business Day]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/797/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="description" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[<p>Marketers are always awake to find out business opportunity in scrap also. So how can they leave big business like Valentine&rsquo;s Day? They know customers will spend huge amount in buying gifts, in getting special beauty treatment to look attractive on this day etc. So they start preparing for this in advance and try their best to deliver best. Whole week from 6th Feb. to 14th Feb. is celebrated as Valentine&rsquo;s Day week. Gift shops, cards shops, flower shops, restaurants, all are decorated with love theme. E-mails, mobile inbox are filled with messages about arrival of special Valentine collection within stores.</p>
<p>&nbsp;<br /> Valentine&rsquo;s Day is the time to express your love to your loved ones. This time of year is favourite time for the florists as flower is the best way to express your feeling .Therefore florists charge premium for the flowers, customers are also ready to pay that easily. According to sources last year around 103 million flowers were sold in the U.S during the week leading to Valentine&rsquo;s Day.</p>
<p>&nbsp;The hottest selling flower is the red rose. High demand of red roses put pressure on wholesalers also therefore retailer increase prices of roses to meet the demand.</p>
<p>&nbsp;``In general, Valentine's Day is probably 30 times the normal business day,'' said Kristy Eidam, consumer marketing manager. Valentine&rsquo;s Day is a big business. This day is like a gold mine for restaurants, florists, candy makers, balloon stores and for e- retailers. Majority of business comes from gifts and flowers.</p>
<p>&nbsp;Restaurants owners also enjoy good business on this day. Prior reservation is made to get space. Theme based parties is organized in clubs. Jewellery sales goes up tremendously on this day.</p>
<p>&nbsp;Valentine day is a big business for luxury brands too. Big brands like Gucci, Versace, christen Dior, Ck comes up with their special valentine collection. These brands see jump of 10-12% in sales during this period. Traditional gifts are one side, but when it comes to gifting something different exclusive and different then money does not comes into picture.</p>
<p>&nbsp;Then it It could be a Leiber ring purse for $1,895, an IK rose flower dipped in gold for Rs 1, 300 or a romantic spa package at Galaxy Hotel for Rs 12,500. According to the US&rsquo;</p>
<p>&nbsp;National Retail Federation (NRF), Americans plan to spend a staggering $17.02 billion this year on Valentine&rsquo;s Day. Jim Trippon, an authority on the money habits of self-made millionaires in the US says that this year&rsquo;s day of love will cost the average consumer $1,300. Closer home, the numbers are equally impressive. According to the Retailers&rsquo; Association of India (RAI), the total spent on Valentine&rsquo;s Day gifts last year was about Rs 12 billion ($270 million). Out of this about 30% of the total spend, Rs 360 crore, is estimated to have been spent on jewellery of various kinds.</p>
<p>&nbsp;The tradition is not new, In 1891, an Indian prince sent his beloved in London, a Valentine card set in carved ivory surrounded by diamonds. It cost him &pound;250,000. So the time has changed but the way to show love has been same but more marketed.</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/797/valentines-day-a-business-day">Valentine's Day- A business Day</a></p><p>Marketers are always awake to find out business opportunity in scrap also. So how can they leave big business like Va</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 109 days ago</p>		</div>		
	
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]]></metadata>
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<metadata uuid="http://connect2mba.com/export/opendd/797/metadata/12989/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="tags" type="metadata" owner_uuid="http://connect2mba.com/export/opendd/169/" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[marketing]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/797/metadata/12990/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="tags" type="metadata" owner_uuid="http://connect2mba.com/export/opendd/169/" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[rose]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/797/metadata/12991/" entity_uuid="http://connect2mba.com/export/opendd/797/" name="tags" type="metadata" owner_uuid="http://connect2mba.com/export/opendd/169/" published="Sat, 22 May 2010 04:44:30 -0700" ><![CDATA[valentine day]]></metadata>
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<entity uuid="http://connect2mba.com/export/opendd/745/" class="object" subclass="blog" published="Sun, 09 May 2010 03:27:15 -0700" />
<metadata uuid="http://connect2mba.com/export/opendd/745/attr/owner_uuid/" entity_uuid="http://connect2mba.com/export/opendd/745/" name="owner_uuid" published="Sun, 09 May 2010 03:27:15 -0700" ><![CDATA[http://connect2mba.com/export/opendd/169/]]></metadata>
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<metadata uuid="http://connect2mba.com/export/opendd/745/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/745/" name="title" published="Sun, 09 May 2010 03:27:15 -0700" ><![CDATA[Packaging: A branding Concept]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/745/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/745/" name="description" published="Sun, 09 May 2010 03:27:15 -0700" ><![CDATA[<p>Why there is a need for branding? Branding is used for Distinctiveness so that customers can easily differentiate your product with the competitor&rsquo;s. It is also used for identification so that customers associate intangible and tangible qualities with your brand. The concept of branding is also useful because of reassurance to customers that our product or service is of high and consistent quality and more importantly, it is used to focus all our energy towards advertising.</p>
<p>Branding is so important concept now a days that an apple with a tag of OK TESTED sells at higher price than the non-branded apples. The primary reason for branding is to compete in the real environment. It reminds customers that our product is different from others.</p>
<p><br /> Take an example of Mineral water industry in India. There are some important brands like Bisleri, Kingfisher, Kinley, Neer, Himalayan etc. Most of the bottle covers have blue colour on its bottle to link with the visual association with that of water. But Himalayan kept Pink as a bottle colour, it is so predominant that from 20 feet one can identify that the mineral water bottle kept on a shelf with pink colour is of Himalayan. This is what the concept of branding is.</p>
<p>The role of packaging in managing and extending brand is a key one. Most marketers believe that it is only graphics that contribute to the branding but packaging and design also plays an equally important role in establishing the brands. Take an example of Pringles Chips. The Pringle chips comes in the shape of the box in which they are kept and all chips are of same size and dimensions that is what it makes stand out from its competitors.</p>
<p>As continued with the example of Mineral water packaging, In a highly competitive environment where customers are not loyal towards any brand. Whatever brand of water the shop keeper sells, people normally buys it. In such a case Kinley has taken the advantage by introducing a new shaped water bottle which is easy to grab and that shoots up the sale of the Kinley.</p>
<p>Packaging is very powerful concept that can be effectively used to stand out the product from the rest of the category products. Take the case of Deodorant Bottles, almost all the bottles look alike with same size, height etc. None of them is radically different, so it is just the physical attributes of the product that would help manufacturer to sell its products.</p>
<p>But Instant reaction is like a double ended sword, if the product is not successful and the customers are readily able to recognize your brand then the chances of revamping your product is very minimum. So marketer has to be very conscious in aligning the product characteristics with that of the design of the package.</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/745/packaging-a-branding-concept">Packaging: A branding Concept</a></p><p>Why there is a need for branding? Branding is used for Distinctiveness so that customers can easily differentiate you</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 122 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/745/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/745/" name="title" published="Sun, 09 May 2010 03:27:15 -0700" ><![CDATA[Packaging: A branding Concept]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/745/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/745/" name="description" published="Sun, 09 May 2010 03:27:15 -0700" ><![CDATA[<p>Why there is a need for branding? Branding is used for Distinctiveness so that customers can easily differentiate your product with the competitor&rsquo;s. It is also used for identification so that customers associate intangible and tangible qualities with your brand. The concept of branding is also useful because of reassurance to customers that our product or service is of high and consistent quality and more importantly, it is used to focus all our energy towards advertising.</p>
<p>Branding is so important concept now a days that an apple with a tag of OK TESTED sells at higher price than the non-branded apples. The primary reason for branding is to compete in the real environment. It reminds customers that our product is different from others.</p>
<p><br /> Take an example of Mineral water industry in India. There are some important brands like Bisleri, Kingfisher, Kinley, Neer, Himalayan etc. Most of the bottle covers have blue colour on its bottle to link with the visual association with that of water. But Himalayan kept Pink as a bottle colour, it is so predominant that from 20 feet one can identify that the mineral water bottle kept on a shelf with pink colour is of Himalayan. This is what the concept of branding is.</p>
<p>The role of packaging in managing and extending brand is a key one. Most marketers believe that it is only graphics that contribute to the branding but packaging and design also plays an equally important role in establishing the brands. Take an example of Pringles Chips. The Pringle chips comes in the shape of the box in which they are kept and all chips are of same size and dimensions that is what it makes stand out from its competitors.</p>
<p>As continued with the example of Mineral water packaging, In a highly competitive environment where customers are not loyal towards any brand. Whatever brand of water the shop keeper sells, people normally buys it. In such a case Kinley has taken the advantage by introducing a new shaped water bottle which is easy to grab and that shoots up the sale of the Kinley.</p>
<p>Packaging is very powerful concept that can be effectively used to stand out the product from the rest of the category products. Take the case of Deodorant Bottles, almost all the bottles look alike with same size, height etc. None of them is radically different, so it is just the physical attributes of the product that would help manufacturer to sell its products.</p>
<p>But Instant reaction is like a double ended sword, if the product is not successful and the customers are readily able to recognize your brand then the chances of revamping your product is very minimum. So marketer has to be very conscious in aligning the product characteristics with that of the design of the package.</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/745/packaging-a-branding-concept">Packaging: A branding Concept</a></p><p>Why there is a need for branding? Branding is used for Distinctiveness so that customers can easily differentiate you</p>
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<metadata uuid="http://connect2mba.com/export/opendd/744/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/744/" name="title" published="Sun, 09 May 2010 03:25:15 -0700" ><![CDATA[Product Failure]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/744/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/744/" name="description" published="Sun, 09 May 2010 03:25:15 -0700" ><![CDATA[<p>Business market is highly competitive, it is very important for company to develop new product at regular intervals because customer constantly wants something new. It is not necessary that whole product is new to the market, the new product can be new in terms of packaging, new flavour or modification in the exciting product. New products involve lot of risk for the company that is risk of failure of product. Company invests lot of money in research, designing, production, commercialization of product. If product fails then it is big loss to company in terms of finance and in terms of time. It has been experienced that consumers buy only those products, which they have trusted . However, then at times there is gap and a product fails.<br /> <br /> Why product fails in market? Well reasons are different for different products. One of the reasons of product failure is faulty idea for e.g. in case of &ldquo;COOL CATS&rdquo; - fans from polar industries. These new fans from company were decorated with cartoon character meant primarily to attract children. Price was kept high. Huge advertisement was done for promotion, but product failed. Because when the fan was put on, it did not have any colour effect and so its price was not justified. Another reason of product failure is improper positioning- Positioning means putting the product into predetermined orbit. However, Tanishq- a jewellery brand by titan failed in this. When company introduced its 18-carat jewellery and the product was positioned at elite class, there was contradiction. In Indi,a norms for gold at that time was 22 carat so, why this elite segment should go for low carat gold, so product failed miserably.<br /> <br /> According to market sources, 95% of products fail due to inability to communicate them. Communication is costly business, companies have to spend huge amount to reach to consumer. Even after reaching to consumer its effectiveness cannot be guaranteed. Product also fails when company has no plan related to distribution strategy. How the product will reach to consumer? Which network will be used? How much distribution cost to company? This was the case with Nestle they launched new chocolate, which is meant to store in refrigerator. Large number of retailers did not have this facility so company has to suffer losses.<br /> <br /> Size of market is another big criteria, faulty selection increase complexity. The bigger the market the more complex is to handle. In a smaller market it is much easy to penetrate and to prove itself. For e.g. if MNC has decided to enter India, then they should clearly define which part of India they want to cater to. Faulty Packaging also results into product failure. Product benefits should be clearly mentioned of packaging which influence consumer buying. Quality of packaging should be taken care of. Apart from all the above mentioned reasons product can also fail due to no justifiable pricing even cannibalization result into product failure. One of the solutions to increase the cycle time of new product is testing the product prior to its launch. Thereby a well designed test market reduces the risk of launching a flop product.<br /> <br /> However, in the times of Confidence Crisis, every successful company is investing lot in new product development. During these times, cost of input factors are less and all companies want to leverage the opportunity. In order to increase the brand awareness and brand loyalty companies come up with new products or variants at frequent intervals but the reasons mentioned above if ignored can be costly affair to the company.</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/744/product-failure">Product Failure</a></p><p>Business market is highly competitive, it is very important for company to develop new product at regular intervals b</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 122 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/744/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/744/" name="title" published="Sun, 09 May 2010 03:25:15 -0700" ><![CDATA[Product Failure]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/744/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/744/" name="description" published="Sun, 09 May 2010 03:25:15 -0700" ><![CDATA[<p>Business market is highly competitive, it is very important for company to develop new product at regular intervals because customer constantly wants something new. It is not necessary that whole product is new to the market, the new product can be new in terms of packaging, new flavour or modification in the exciting product. New products involve lot of risk for the company that is risk of failure of product. Company invests lot of money in research, designing, production, commercialization of product. If product fails then it is big loss to company in terms of finance and in terms of time. It has been experienced that consumers buy only those products, which they have trusted . However, then at times there is gap and a product fails.<br /> <br /> Why product fails in market? Well reasons are different for different products. One of the reasons of product failure is faulty idea for e.g. in case of &ldquo;COOL CATS&rdquo; - fans from polar industries. These new fans from company were decorated with cartoon character meant primarily to attract children. Price was kept high. Huge advertisement was done for promotion, but product failed. Because when the fan was put on, it did not have any colour effect and so its price was not justified. Another reason of product failure is improper positioning- Positioning means putting the product into predetermined orbit. However, Tanishq- a jewellery brand by titan failed in this. When company introduced its 18-carat jewellery and the product was positioned at elite class, there was contradiction. In Indi,a norms for gold at that time was 22 carat so, why this elite segment should go for low carat gold, so product failed miserably.<br /> <br /> According to market sources, 95% of products fail due to inability to communicate them. Communication is costly business, companies have to spend huge amount to reach to consumer. Even after reaching to consumer its effectiveness cannot be guaranteed. Product also fails when company has no plan related to distribution strategy. How the product will reach to consumer? Which network will be used? How much distribution cost to company? This was the case with Nestle they launched new chocolate, which is meant to store in refrigerator. Large number of retailers did not have this facility so company has to suffer losses.<br /> <br /> Size of market is another big criteria, faulty selection increase complexity. The bigger the market the more complex is to handle. In a smaller market it is much easy to penetrate and to prove itself. For e.g. if MNC has decided to enter India, then they should clearly define which part of India they want to cater to. Faulty Packaging also results into product failure. Product benefits should be clearly mentioned of packaging which influence consumer buying. Quality of packaging should be taken care of. Apart from all the above mentioned reasons product can also fail due to no justifiable pricing even cannibalization result into product failure. One of the solutions to increase the cycle time of new product is testing the product prior to its launch. Thereby a well designed test market reduces the risk of launching a flop product.<br /> <br /> However, in the times of Confidence Crisis, every successful company is investing lot in new product development. During these times, cost of input factors are less and all companies want to leverage the opportunity. In order to increase the brand awareness and brand loyalty companies come up with new products or variants at frequent intervals but the reasons mentioned above if ignored can be costly affair to the company.</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/744/product-failure">Product Failure</a></p><p>Business market is highly competitive, it is very important for company to develop new product at regular intervals b</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 122 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/680/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/680/" name="title" published="Wed, 14 Apr 2010 23:07:29 -0700" ><![CDATA[Product failure]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/680/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/680/" name="description" published="Wed, 14 Apr 2010 23:07:29 -0700" ><![CDATA[<p>Business market is highly competitive, it is very important for company to develop new product at regular intervals because customer constantly wants something new. It is not necessary that whole product is new to the market, the new product can be new in terms of packaging, new flavour or modification in the exciting product. New products involve lot of risk for the company that is risk of failure of product. Company invests lot of money in research, designing, production, commercialization of product. If product fails then it is big loss to company in terms of finance and in terms of time. It has been experienced that consumers buy only those products, which they have trusted . However, then at times there is gap and a product fails.<br /> <br /> Why product fails in market? Well reasons are different for different products. One of the reasons of product failure is faulty idea for e.g. in case of &ldquo;COOL CATS&rdquo; - fans from polar industries. These new fans from company were decorated with cartoon character meant primarily to attract children. Price was kept high. Huge advertisement was done for promotion, but product failed. Because when the fan was put on, it did not have any colour effect and so its price was not justified. Another reason of product failure is improper positioning- Positioning means putting the product into predetermined orbit. However, Tanishq- a jewellery brand by titan failed in this. When company introduced its 18-carat jewellery and the product was positioned at elite class, there was contradiction. In Indi,a norms for gold at that time was 22 carat so, why this elite segment should go for low carat gold, so product failed miserably.<br /> <br /> According to market sources, 95% of products fail due to inability to communicate them. Communication is costly business, companies have to spend huge amount to reach to consumer. Even after reaching to consumer its effectiveness cannot be guaranteed. Product also fails when company has no plan related to distribution strategy. How the product will reach to consumer? Which network will be used? How much distribution cost to company? This was the case with Nestle they launched new chocolate, which is meant to store in refrigerator. Large number of retailers did not have this facility so company has to suffer losses.<br /> <br /> Size of market is another big criteria, faulty selection increase complexity. The bigger the market the more complex is to handle. In a smaller market it is much easy to penetrate and to prove itself. For e.g. if MNC has decided to enter India, then they should clearly define which part of India they want to cater to. Faulty Packaging also results into product failure. Product benefits should be clearly mentioned of packaging which influence consumer buying. Quality of packaging should be taken care of. Apart from all the above mentioned reasons product can also fail due to no justifiable pricing even cannibalization result into product failure. One of the solutions to increase the cycle time of new product is testing the product prior to its launch. Thereby a well designed test market reduces the risk of launching a flop product.<br /> <br /> However, in the times of Confidence Crisis, every successful company is investing lot in new product development. During these times, cost of input factors are less and all companies want to leverage the opportunity. In order to increase the brand awareness and brand loyalty companies come up with new products or variants at frequent intervals but the reasons mentioned above if ignored can be costly affair to the company.</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/680/product-failure">Product failure</a></p><p>Business market is highly competitive, it is very important for company to develop new product at regular intervals b</p>
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<metadata uuid="http://connect2mba.com/export/opendd/680/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/680/" name="title" published="Wed, 14 Apr 2010 23:07:29 -0700" ><![CDATA[Product failure]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/680/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/680/" name="description" published="Wed, 14 Apr 2010 23:07:29 -0700" ><![CDATA[<p>Business market is highly competitive, it is very important for company to develop new product at regular intervals because customer constantly wants something new. It is not necessary that whole product is new to the market, the new product can be new in terms of packaging, new flavour or modification in the exciting product. New products involve lot of risk for the company that is risk of failure of product. Company invests lot of money in research, designing, production, commercialization of product. If product fails then it is big loss to company in terms of finance and in terms of time. It has been experienced that consumers buy only those products, which they have trusted . However, then at times there is gap and a product fails.<br /> <br /> Why product fails in market? Well reasons are different for different products. One of the reasons of product failure is faulty idea for e.g. in case of &ldquo;COOL CATS&rdquo; - fans from polar industries. These new fans from company were decorated with cartoon character meant primarily to attract children. Price was kept high. Huge advertisement was done for promotion, but product failed. Because when the fan was put on, it did not have any colour effect and so its price was not justified. Another reason of product failure is improper positioning- Positioning means putting the product into predetermined orbit. However, Tanishq- a jewellery brand by titan failed in this. When company introduced its 18-carat jewellery and the product was positioned at elite class, there was contradiction. In Indi,a norms for gold at that time was 22 carat so, why this elite segment should go for low carat gold, so product failed miserably.<br /> <br /> According to market sources, 95% of products fail due to inability to communicate them. Communication is costly business, companies have to spend huge amount to reach to consumer. Even after reaching to consumer its effectiveness cannot be guaranteed. Product also fails when company has no plan related to distribution strategy. How the product will reach to consumer? Which network will be used? How much distribution cost to company? This was the case with Nestle they launched new chocolate, which is meant to store in refrigerator. Large number of retailers did not have this facility so company has to suffer losses.<br /> <br /> Size of market is another big criteria, faulty selection increase complexity. The bigger the market the more complex is to handle. In a smaller market it is much easy to penetrate and to prove itself. For e.g. if MNC has decided to enter India, then they should clearly define which part of India they want to cater to. Faulty Packaging also results into product failure. Product benefits should be clearly mentioned of packaging which influence consumer buying. Quality of packaging should be taken care of. Apart from all the above mentioned reasons product can also fail due to no justifiable pricing even cannibalization result into product failure. One of the solutions to increase the cycle time of new product is testing the product prior to its launch. Thereby a well designed test market reduces the risk of launching a flop product.<br /> <br /> However, in the times of Confidence Crisis, every successful company is investing lot in new product development. During these times, cost of input factors are less and all companies want to leverage the opportunity. In order to increase the brand awareness and brand loyalty companies come up with new products or variants at frequent intervals but the reasons mentioned above if ignored can be costly affair to the company.</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/680/product-failure">Product failure</a></p><p>Business market is highly competitive, it is very important for company to develop new product at regular intervals b</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 146 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/668/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/668/" name="title" published="Sat, 10 Apr 2010 01:49:17 -0700" ><![CDATA[Brand personality Mapping:Part-II]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/668/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/668/" name="description" published="Sat, 10 Apr 2010 01:49:17 -0700" ><![CDATA[<p>Theory of Brand Personality. As I said, the five factors are:</p>
<ul>
<li>Sincerity      (Down-to-earth, honest, wholesome, cheerful)</li>
<li>Excitement      (Daring, spirited, imaginative, up-to-date)</li>
<li>Competence      (Reliable, intelligent, successful)</li>
<li>Sophistication      (Upper-class, charming)</li>
<li>Ruggedness      (Outdoorsy, tough)</li>
</ul>
<p>&nbsp;</p>
<p>To illustrate what is meant by these, I will compare the pairs of competing brands belonging to the same product category (for familiarity sake I have chosen brands present in India). While traditionally Aaker uses a five point scale, for the same of simplicity, I will use a 3-level Likert scale. For a positive correlation with the factor, I give a score of 1, a negative one -1 and when not relevant, 0.</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Sprite &amp; Mountain Dew</span></strong>&nbsp;(For ease of understanding how I have arrived at these scores, think with reference to Sprite&rsquo;s &lsquo;Sprite Bujhaye Pyaas, Baaki Sab Bakwas&rsquo; ads and Mountain Dew&rsquo;s &lsquo;Dew Dudes&rsquo; ads)</p>
<p>&nbsp;</p>
<p>Factor/Sub Factor&nbsp;Sprite&nbsp;Mountain Dew</p>
<p>Sincerity</p>
<p>Down-to-Earth&nbsp;0&nbsp;0</p>
<p>Honest&nbsp;1&nbsp;0</p>
<p>Wholesome&nbsp;0&nbsp;0</p>
<p>Cheerful&nbsp;1&nbsp;0</p>
<p>Excitement</p>
<p>Daring&nbsp;0&nbsp;1</p>
<p>Spirited&nbsp;1&nbsp;1</p>
<p>Imaginative&nbsp;0&nbsp;1</p>
<p>Up-to-Date&nbsp;0&nbsp;0</p>
<p>Competence</p>
<p>Reliable&nbsp;0&nbsp;0</p>
<p>Intelligent&nbsp;1&nbsp;0</p>
<p>Successful&nbsp;0&nbsp;1</p>
<p>Sophistication</p>
<p>Upper-class&nbsp;1&nbsp;1</p>
<p>Charming&nbsp;1&nbsp;1</p>
<p>Ruggedness</p>
<p>Outdoorsy&nbsp;0&nbsp;1</p>
<p>Tough&nbsp;0&nbsp;1</p>
<p>One could thus conclude that while Sprite is a sincere brand, Mountain Dew is about excitement and ruggedness</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Bingo &amp; Kurkure</span></strong>&nbsp;(Again, picture Bingo&rsquo;s ads with those of Kurkure&rsquo;s Juhi Chawla ones)</p>
<p>Factor/Sub Factor&nbsp;Bingo&nbsp;Kurkure</p>
<p>Sincerity</p>
<p>Down-to-Earth&nbsp;1&nbsp;0</p>
<p>Honest&nbsp;0&nbsp;1</p>
<p>Wholesome&nbsp;0&nbsp;0</p>
<p>Cheerful&nbsp;0&nbsp;1</p>
<p>Excitement</p>
<p>Daring&nbsp;0&nbsp;0</p>
<p>Spirited&nbsp;1&nbsp;1</p>
<p>Imaginative&nbsp;1&nbsp;0</p>
<p>Up-to-Date&nbsp;0&nbsp;0</p>
<p>Competence</p>
<p>Reliable&nbsp;0&nbsp;0</p>
<p>Intelligent&nbsp;-1&nbsp;0</p>
<p>Successful&nbsp;0&nbsp;0</p>
<p>Sophistication</p>
<p>Upper-class&nbsp;-1&nbsp;1</p>
<p>Charming&nbsp;-1&nbsp;1</p>
<p>Ruggedness</p>
<p>Outdoorsy&nbsp;0&nbsp;0</p>
<p>Tough&nbsp;0&nbsp;0</p>
<p>So while Bingo heralds excitement and disdain for sophistication, Kurkure is more about sincerity and sophistication.</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Airtel &amp; Vodafone</span></strong>&nbsp;(Picture Airtel&rsquo;s many celebrity laden ads with, say, BSNL&rsquo;s ad featuring Deepika Padkone)</p>
<p>Factor/Sub Factor&nbsp;Airtel&nbsp;BSNL</p>
<p>Sincerity</p>
<p>Down-to-Earth&nbsp;0&nbsp;1</p>
<p>Honest&nbsp;1&nbsp;1</p>
<p>Wholesome&nbsp;0&nbsp;0</p>
<p>Cheerful&nbsp;0&nbsp;1</p>
<p>Excitement</p>
<p>Daring&nbsp;0&nbsp;0</p>
<p>Spirited&nbsp;1&nbsp;0</p>
<p>Imaginative&nbsp;1&nbsp;0</p>
<p>Up-to-Date&nbsp;0&nbsp;0</p>
<p>Competence</p>
<p>Reliable&nbsp;0&nbsp;1</p>
<p>Intelligent&nbsp;1&nbsp;0</p>
<p>Successful&nbsp;1&nbsp;0</p>
<p>Sophistication</p>
<p>Upper-class&nbsp;1&nbsp;-1&nbsp;</p>
<p>Charming&nbsp;1&nbsp;0</p>
<p>Ruggedness</p>
<p>Outdoorsy&nbsp;0&nbsp;1</p>
<p>Tough&nbsp;1&nbsp;0</p>
<p>So while Airtel is about excitement, competence and sophistication, BSNL focuses on sincerity and a rural feel.</p>
<p>&nbsp;</p>
<p>The brand personality of any brand can be evaluated using Aaker&rsquo;s Model in this way. An interesting case (which I leave to the readers) would be measuring the brand personality of Raymond Suitings &ndash; a brand which over the years has mastered its personality of being sincere, exciting, competent, sophisticated and rugged all at the same time! The Complete Man indeed&nbsp;:).</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/668/brand-personality-mappingpartii">Brand personality Mapping:Part-II</a></p><p>Theory of Brand Personality. As I said, the five factors are:</p>
<p>Sincerity      (Down-to-earth, honest, w</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 151 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/668/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/668/" name="title" published="Sat, 10 Apr 2010 01:49:17 -0700" ><![CDATA[Brand personality Mapping:Part-II]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/668/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/668/" name="description" published="Sat, 10 Apr 2010 01:49:17 -0700" ><![CDATA[<p>Theory of Brand Personality. As I said, the five factors are:</p>
<ul>
<li>Sincerity      (Down-to-earth, honest, wholesome, cheerful)</li>
<li>Excitement      (Daring, spirited, imaginative, up-to-date)</li>
<li>Competence      (Reliable, intelligent, successful)</li>
<li>Sophistication      (Upper-class, charming)</li>
<li>Ruggedness      (Outdoorsy, tough)</li>
</ul>
<p>&nbsp;</p>
<p>To illustrate what is meant by these, I will compare the pairs of competing brands belonging to the same product category (for familiarity sake I have chosen brands present in India). While traditionally Aaker uses a five point scale, for the same of simplicity, I will use a 3-level Likert scale. For a positive correlation with the factor, I give a score of 1, a negative one -1 and when not relevant, 0.</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Sprite &amp; Mountain Dew</span></strong>&nbsp;(For ease of understanding how I have arrived at these scores, think with reference to Sprite&rsquo;s &lsquo;Sprite Bujhaye Pyaas, Baaki Sab Bakwas&rsquo; ads and Mountain Dew&rsquo;s &lsquo;Dew Dudes&rsquo; ads)</p>
<p>&nbsp;</p>
<p>Factor/Sub Factor&nbsp;Sprite&nbsp;Mountain Dew</p>
<p>Sincerity</p>
<p>Down-to-Earth&nbsp;0&nbsp;0</p>
<p>Honest&nbsp;1&nbsp;0</p>
<p>Wholesome&nbsp;0&nbsp;0</p>
<p>Cheerful&nbsp;1&nbsp;0</p>
<p>Excitement</p>
<p>Daring&nbsp;0&nbsp;1</p>
<p>Spirited&nbsp;1&nbsp;1</p>
<p>Imaginative&nbsp;0&nbsp;1</p>
<p>Up-to-Date&nbsp;0&nbsp;0</p>
<p>Competence</p>
<p>Reliable&nbsp;0&nbsp;0</p>
<p>Intelligent&nbsp;1&nbsp;0</p>
<p>Successful&nbsp;0&nbsp;1</p>
<p>Sophistication</p>
<p>Upper-class&nbsp;1&nbsp;1</p>
<p>Charming&nbsp;1&nbsp;1</p>
<p>Ruggedness</p>
<p>Outdoorsy&nbsp;0&nbsp;1</p>
<p>Tough&nbsp;0&nbsp;1</p>
<p>One could thus conclude that while Sprite is a sincere brand, Mountain Dew is about excitement and ruggedness</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Bingo &amp; Kurkure</span></strong>&nbsp;(Again, picture Bingo&rsquo;s ads with those of Kurkure&rsquo;s Juhi Chawla ones)</p>
<p>Factor/Sub Factor&nbsp;Bingo&nbsp;Kurkure</p>
<p>Sincerity</p>
<p>Down-to-Earth&nbsp;1&nbsp;0</p>
<p>Honest&nbsp;0&nbsp;1</p>
<p>Wholesome&nbsp;0&nbsp;0</p>
<p>Cheerful&nbsp;0&nbsp;1</p>
<p>Excitement</p>
<p>Daring&nbsp;0&nbsp;0</p>
<p>Spirited&nbsp;1&nbsp;1</p>
<p>Imaginative&nbsp;1&nbsp;0</p>
<p>Up-to-Date&nbsp;0&nbsp;0</p>
<p>Competence</p>
<p>Reliable&nbsp;0&nbsp;0</p>
<p>Intelligent&nbsp;-1&nbsp;0</p>
<p>Successful&nbsp;0&nbsp;0</p>
<p>Sophistication</p>
<p>Upper-class&nbsp;-1&nbsp;1</p>
<p>Charming&nbsp;-1&nbsp;1</p>
<p>Ruggedness</p>
<p>Outdoorsy&nbsp;0&nbsp;0</p>
<p>Tough&nbsp;0&nbsp;0</p>
<p>So while Bingo heralds excitement and disdain for sophistication, Kurkure is more about sincerity and sophistication.</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Airtel &amp; Vodafone</span></strong>&nbsp;(Picture Airtel&rsquo;s many celebrity laden ads with, say, BSNL&rsquo;s ad featuring Deepika Padkone)</p>
<p>Factor/Sub Factor&nbsp;Airtel&nbsp;BSNL</p>
<p>Sincerity</p>
<p>Down-to-Earth&nbsp;0&nbsp;1</p>
<p>Honest&nbsp;1&nbsp;1</p>
<p>Wholesome&nbsp;0&nbsp;0</p>
<p>Cheerful&nbsp;0&nbsp;1</p>
<p>Excitement</p>
<p>Daring&nbsp;0&nbsp;0</p>
<p>Spirited&nbsp;1&nbsp;0</p>
<p>Imaginative&nbsp;1&nbsp;0</p>
<p>Up-to-Date&nbsp;0&nbsp;0</p>
<p>Competence</p>
<p>Reliable&nbsp;0&nbsp;1</p>
<p>Intelligent&nbsp;1&nbsp;0</p>
<p>Successful&nbsp;1&nbsp;0</p>
<p>Sophistication</p>
<p>Upper-class&nbsp;1&nbsp;-1&nbsp;</p>
<p>Charming&nbsp;1&nbsp;0</p>
<p>Ruggedness</p>
<p>Outdoorsy&nbsp;0&nbsp;1</p>
<p>Tough&nbsp;1&nbsp;0</p>
<p>So while Airtel is about excitement, competence and sophistication, BSNL focuses on sincerity and a rural feel.</p>
<p>&nbsp;</p>
<p>The brand personality of any brand can be evaluated using Aaker&rsquo;s Model in this way. An interesting case (which I leave to the readers) would be measuring the brand personality of Raymond Suitings &ndash; a brand which over the years has mastered its personality of being sincere, exciting, competent, sophisticated and rugged all at the same time! The Complete Man indeed&nbsp;:).</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/668/brand-personality-mappingpartii">Brand personality Mapping:Part-II</a></p><p>Theory of Brand Personality. As I said, the five factors are:</p>
<p>Sincerity      (Down-to-earth, honest, w</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 151 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/640/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/640/" name="title" published="Wed, 31 Mar 2010 05:05:05 -0700" ><![CDATA[Brand personality Mapping]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/640/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/640/" name="description" published="Wed, 31 Mar 2010 05:05:05 -0700" ><![CDATA[<p><strong>Nature of the Marketing Function - Shifting Sands</strong></p>
<p>Many of you would have studied the thought provoking &lsquo;Identity Prism&rsquo; of academic Jean-Nol Kapferer as part of your foundational marketing course. This theory has had a deep and profound impact on how companies see the nature of brand building. Ever since he propounded his theory, companies have acknowledged the importance of identity in the building of a brand. Seen from a historical perspective, this market a culmination of shifts in the thinking of business communities &ndash; from efforts that were primarily product based, to a strategy based on sales, to one based on markets and finaly one based on brand identity.</p>
<p>&nbsp;</p>
<p><strong>Identity, Image &amp; Personality</strong></p>
<p>Often people use the terms brand identity, brand image and brand personality interchangeably. It is not my argument that these are radically different terms, but one has to be aware of the differences between these terms for they in a way affect ones marketing paradigm.</p>
<p>&nbsp;</p>
<p>Identity refers to your true inner self - as a company or a brand. To quote Kapferer: &ldquo;Having an identity means being who you are, following your own, determined, but individual path&rdquo;.&nbsp;<strong><span style="text-decoration: underline;">Be who you are</span></strong><strong>.</strong>&nbsp;This is the inside-out paradigm of identity.</p>
<p>&nbsp;</p>
<p>Closely related is brand image. This refers to ideas evoked in the minds of others (usually a customer/consumer) when they think of the brand in question. To adopt this as your creed means that you would adopt what others think is your identity as your own &ndash; an outside-in approach. Thus the paradigm of image is &ndash;&nbsp;<strong><span style="text-decoration: underline;">Be what others think you are</span></strong>.<a href="http://4.bp.blogspot.com/_aw8sGk3GofE/SX_SNwJ3HkI/AAAAAAAAAFQ/qp3E45Wexdc/s1600-h/untitled.JPG"></a></p>
<p>&nbsp;</p>
<p>Brand personality combines these seemingly opposing inside-out and outside-in paradigms to create a new paradigm that while&nbsp;<strong>has roots in the identity, is</strong><strong>&nbsp;</strong><strong>strongly externally focused.</strong>&nbsp;It borrows from the identity, accepts favourable parts of image and adds to other images that it seeks. It is:&nbsp;<strong><span style="text-decoration: underline;">Become who you should be</span></strong><strong>.</strong>Why is it relevant? Well, because we, being social animals, choose brands the same way we choose friends &ndash; in addition to skills and physical characteristics, we simply like them as people.</p>
<p>&nbsp;</p>
<p>If personality is so human a value, shouldn&rsquo;t we be able to measure brand personality is much the same manner as human personality? Quite a few researchers concur and among them is Jennifer Aaker. Just like the Big Five Personality Traits theory is the most established among behavioural science enthusiasts, Aaker&rsquo;s Five Factor Theory of Brand Personality has strong following among marketing enthusiasts. These five factors are:</p>
<ul>
<li>Sincerity      (Down-to-earth, honest, wholesome, cheerful)</li>
<li>Excitement      (Daring, spirited, imaginative, up-to-date)</li>
<li>Competence      (Reliable, intelligent, successful)</li>
<li>Sophistication      (Upper-class, charming)</li>
<li>Ruggedness      (Outdoorsy, tough)</li>
</ul>
<p>It goes without saying that just like there is no &lsquo;ideal&rsquo; personality for a person or for more that matter right or wrong trait, there is no &lsquo;ideal&rsquo; brand personality either. For example, a down-to-earth branding will just not suit Kingfisher Airlines, a medicinal pill better not position itself as daring, Navratna Tel cannot possibly carry off being sophisticated while Victoria&rsquo;s Secret cannot market women&rsquo;s lingerie as tough.</p>
<p>&nbsp;</p>
<p>Innumerable brand personalities can be formed from different combinations of intensity of each of these factors. Depending on the image and identity of the brand and the category in question, one can choose to create a personality by positioning the brand on different levels on each of the factors.</p>
<p>&nbsp;</p>
<p>In my next post I will take the example of some old and established products that have recently re-invented their brand personalities on the basis of their internal brand identity and external brand image.</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/640/brand-personality-mapping">Brand personality Mapping</a></p><p>Nature of the Marketing Function - Shifting Sands<br />
Many of you would have studied the thought</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 161 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/640/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/640/" name="title" published="Wed, 31 Mar 2010 05:05:05 -0700" ><![CDATA[Brand personality Mapping]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/640/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/640/" name="description" published="Wed, 31 Mar 2010 05:05:05 -0700" ><![CDATA[<p><strong>Nature of the Marketing Function - Shifting Sands</strong></p>
<p>Many of you would have studied the thought provoking &lsquo;Identity Prism&rsquo; of academic Jean-Nol Kapferer as part of your foundational marketing course. This theory has had a deep and profound impact on how companies see the nature of brand building. Ever since he propounded his theory, companies have acknowledged the importance of identity in the building of a brand. Seen from a historical perspective, this market a culmination of shifts in the thinking of business communities &ndash; from efforts that were primarily product based, to a strategy based on sales, to one based on markets and finaly one based on brand identity.</p>
<p>&nbsp;</p>
<p><strong>Identity, Image &amp; Personality</strong></p>
<p>Often people use the terms brand identity, brand image and brand personality interchangeably. It is not my argument that these are radically different terms, but one has to be aware of the differences between these terms for they in a way affect ones marketing paradigm.</p>
<p>&nbsp;</p>
<p>Identity refers to your true inner self - as a company or a brand. To quote Kapferer: &ldquo;Having an identity means being who you are, following your own, determined, but individual path&rdquo;.&nbsp;<strong><span style="text-decoration: underline;">Be who you are</span></strong><strong>.</strong>&nbsp;This is the inside-out paradigm of identity.</p>
<p>&nbsp;</p>
<p>Closely related is brand image. This refers to ideas evoked in the minds of others (usually a customer/consumer) when they think of the brand in question. To adopt this as your creed means that you would adopt what others think is your identity as your own &ndash; an outside-in approach. Thus the paradigm of image is &ndash;&nbsp;<strong><span style="text-decoration: underline;">Be what others think you are</span></strong>.<a href="http://4.bp.blogspot.com/_aw8sGk3GofE/SX_SNwJ3HkI/AAAAAAAAAFQ/qp3E45Wexdc/s1600-h/untitled.JPG"></a></p>
<p>&nbsp;</p>
<p>Brand personality combines these seemingly opposing inside-out and outside-in paradigms to create a new paradigm that while&nbsp;<strong>has roots in the identity, is</strong><strong>&nbsp;</strong><strong>strongly externally focused.</strong>&nbsp;It borrows from the identity, accepts favourable parts of image and adds to other images that it seeks. It is:&nbsp;<strong><span style="text-decoration: underline;">Become who you should be</span></strong><strong>.</strong>Why is it relevant? Well, because we, being social animals, choose brands the same way we choose friends &ndash; in addition to skills and physical characteristics, we simply like them as people.</p>
<p>&nbsp;</p>
<p>If personality is so human a value, shouldn&rsquo;t we be able to measure brand personality is much the same manner as human personality? Quite a few researchers concur and among them is Jennifer Aaker. Just like the Big Five Personality Traits theory is the most established among behavioural science enthusiasts, Aaker&rsquo;s Five Factor Theory of Brand Personality has strong following among marketing enthusiasts. These five factors are:</p>
<ul>
<li>Sincerity      (Down-to-earth, honest, wholesome, cheerful)</li>
<li>Excitement      (Daring, spirited, imaginative, up-to-date)</li>
<li>Competence      (Reliable, intelligent, successful)</li>
<li>Sophistication      (Upper-class, charming)</li>
<li>Ruggedness      (Outdoorsy, tough)</li>
</ul>
<p>It goes without saying that just like there is no &lsquo;ideal&rsquo; personality for a person or for more that matter right or wrong trait, there is no &lsquo;ideal&rsquo; brand personality either. For example, a down-to-earth branding will just not suit Kingfisher Airlines, a medicinal pill better not position itself as daring, Navratna Tel cannot possibly carry off being sophisticated while Victoria&rsquo;s Secret cannot market women&rsquo;s lingerie as tough.</p>
<p>&nbsp;</p>
<p>Innumerable brand personalities can be formed from different combinations of intensity of each of these factors. Depending on the image and identity of the brand and the category in question, one can choose to create a personality by positioning the brand on different levels on each of the factors.</p>
<p>&nbsp;</p>
<p>In my next post I will take the example of some old and established products that have recently re-invented their brand personalities on the basis of their internal brand identity and external brand image.</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/640/brand-personality-mapping">Brand personality Mapping</a></p><p>Nature of the Marketing Function - Shifting Sands<br />
Many of you would have studied the thought</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 161 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/615/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/615/" name="title" published="Thu, 25 Mar 2010 23:32:16 -0700" ><![CDATA[Virgin Mobile]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/615/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/615/" name="description" published="Thu, 25 Mar 2010 23:32:16 -0700" ><![CDATA[<p>Virgin Mobile in India has tried to change the rules of the game. It is the first company to offer money for receiving incoming calls. It is the first company to offer free roaming services in India without any extra fees. It is the first company to introduce lifetime validity free connections with certain handsets. Virgin mobile is the first MVNO in the world. MVNO (Mobile Virtual Network Operator) is a company that provides mobile phone services but does not have its own licensed frequency allocation of radio spectrum and may be not have full infrastructure. Virgin mobile is one of 200 brands of Umbrella brand, VIRGIN.</p>
<p>Virgin mobile in India has segmented the market based on age of customers. Targeting youth of age 18-25 is a major aim of Virgin mobile. Youth is an obvious choice for any mobile service provider for obvious reason. There are around 210 million youth in the age category of 18-25, of which around 68 million owns phones. So still 66% market is to be tapped. Young people are heavy users of mobile services whether it is routine calls, sms or other value added service.&nbsp; Virgin has promoted its products and services targeting youth population only. It has positioned itself a youth centric company. In fact all of the advertisements of Virgin have that witty taste of youthfulness. It has been seen that Virgin mobile has focussed on easy tariff plans and value added services.</p>
<p>Initially when Virgin mobile was launched in India, they were distributing Virgin services through their self-operated Kiosks. This distribution strategy did not work for virgin as most of the customers in India buy services from most of the local shops and Virgin was not available at these stores. So innovative branding, lucrative tariff plans, Paid incoming calls, brand name of Virgin and Tata Teleservices did not pay to the Virgin mobile as expected. &nbsp;Now Virgin Mobile has tied up with retail chain of ESSAR for their distribution network. One of the most innovative distribution strategies adopted by Virgin is selling SIM online. Keeping in mind the increased usage of internet by the youth of the country, this strategy will pay off in the long term.</p>
<p>The initial advertisement campaigns of Virgin were quite innovative and attracted lot of young customers. In one such advertisement, a young person is shown, caught by traffic policeman, who has violated traffic rules . The young person wins the sympathy of the policeman when the angry father of young person tells policeman not to leave his son and give him severe punishment. Later on it is revealed that angry father is none other than his friend. The advertisement ends with Tagline &ldquo;Think Hatke&rdquo;.</p>
<p>In India, where the mobile service market is highly competitive and the major competitors have captured the large market share. It is not a long-term strategy to attract youth with innovative advertisements. Somewhere down the line, company has to offer some tangible services to retain customers.</p>
<p>Second probable challenge for Virgin is that it has got license in CDMA and the majority market is captured by GSM operators. So converting GSM users to CDMA users is one another big challenge.</p>
<p>Whether Virgin mobile survives in years to come is the time-bound question. But one thing is sure that Virgin Mobile in India has made communications channels very innovative.</p>
<p><strong>&nbsp;</strong></p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/615/virgin-mobile">Virgin Mobile</a></p><p>Virgin Mobile in India has tried to change the rules of the game. It is the first company to offer money for receivin</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 166 days ago</p>		</div>		
	
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		    <p>i hate Virgin Mobile!</p>
		    
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    	        <a href="http://connect2mba.com/pg/profile/justin_bieber">justin_bieber</a> 154 days ago    		</p>
		    
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<metadata uuid="http://connect2mba.com/export/opendd/615/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/615/" name="title" published="Thu, 25 Mar 2010 23:32:16 -0700" ><![CDATA[Virgin Mobile]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/615/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/615/" name="description" published="Thu, 25 Mar 2010 23:32:16 -0700" ><![CDATA[<p>Virgin Mobile in India has tried to change the rules of the game. It is the first company to offer money for receiving incoming calls. It is the first company to offer free roaming services in India without any extra fees. It is the first company to introduce lifetime validity free connections with certain handsets. Virgin mobile is the first MVNO in the world. MVNO (Mobile Virtual Network Operator) is a company that provides mobile phone services but does not have its own licensed frequency allocation of radio spectrum and may be not have full infrastructure. Virgin mobile is one of 200 brands of Umbrella brand, VIRGIN.</p>
<p>Virgin mobile in India has segmented the market based on age of customers. Targeting youth of age 18-25 is a major aim of Virgin mobile. Youth is an obvious choice for any mobile service provider for obvious reason. There are around 210 million youth in the age category of 18-25, of which around 68 million owns phones. So still 66% market is to be tapped. Young people are heavy users of mobile services whether it is routine calls, sms or other value added service.&nbsp; Virgin has promoted its products and services targeting youth population only. It has positioned itself a youth centric company. In fact all of the advertisements of Virgin have that witty taste of youthfulness. It has been seen that Virgin mobile has focussed on easy tariff plans and value added services.</p>
<p>Initially when Virgin mobile was launched in India, they were distributing Virgin services through their self-operated Kiosks. This distribution strategy did not work for virgin as most of the customers in India buy services from most of the local shops and Virgin was not available at these stores. So innovative branding, lucrative tariff plans, Paid incoming calls, brand name of Virgin and Tata Teleservices did not pay to the Virgin mobile as expected. &nbsp;Now Virgin Mobile has tied up with retail chain of ESSAR for their distribution network. One of the most innovative distribution strategies adopted by Virgin is selling SIM online. Keeping in mind the increased usage of internet by the youth of the country, this strategy will pay off in the long term.</p>
<p>The initial advertisement campaigns of Virgin were quite innovative and attracted lot of young customers. In one such advertisement, a young person is shown, caught by traffic policeman, who has violated traffic rules . The young person wins the sympathy of the policeman when the angry father of young person tells policeman not to leave his son and give him severe punishment. Later on it is revealed that angry father is none other than his friend. The advertisement ends with Tagline &ldquo;Think Hatke&rdquo;.</p>
<p>In India, where the mobile service market is highly competitive and the major competitors have captured the large market share. It is not a long-term strategy to attract youth with innovative advertisements. Somewhere down the line, company has to offer some tangible services to retain customers.</p>
<p>Second probable challenge for Virgin is that it has got license in CDMA and the majority market is captured by GSM operators. So converting GSM users to CDMA users is one another big challenge.</p>
<p>Whether Virgin mobile survives in years to come is the time-bound question. But one thing is sure that Virgin Mobile in India has made communications channels very innovative.</p>
<p><strong>&nbsp;</strong></p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/615/virgin-mobile">Virgin Mobile</a></p><p>Virgin Mobile in India has tried to change the rules of the game. It is the first company to offer money for receivin</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 166 days ago</p>		</div>		
	
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		    <p>i hate Virgin Mobile!</p>
		    
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    	        <a href="http://connect2mba.com/pg/profile/justin_bieber">justin_bieber</a> 154 days ago    		</p>
		    
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<metadata uuid="http://connect2mba.com/export/opendd/612/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/612/" name="title" published="Wed, 24 Mar 2010 09:23:44 -0700" ><![CDATA[Graduation Day speech by Indira Nooyi]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/612/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/612/" name="description" published="Wed, 24 Mar 2010 09:23:44 -0700" ><![CDATA[<p><span style="color: #000000;">I just now came across one of the best motivational speeches by Indira Nooyi</span></p>
<p><span style="color: #000000;"><br /></span></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Good evening, everyone.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Dean Hubbard, distinguished faculty, honored graduates, relieved parents, family, and friends, it&rsquo;s a distinct pleasure to be in New York City this evening to celebrate the biggest milestone to date in the lives of you, the young men and women before us: your graduation from Columbia University Business School.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">It may surprise you, graduates, but as big a night as this is for you, it&rsquo;s an even bigger night for your parents. They may look calm and collected as they sit in the audience, but deep inside they&rsquo;re doing cartwheels, dancing the Macarena, and practically speaking in tongues, they&rsquo;re so excited. This is what happens when parents anticipate that their bank accounts will soon rehydrate after being bone-dry for two years. So, for everyone here this evening, it&rsquo;s a very special occasion. And I&rsquo;m delighted to share it with you.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">I am keenly aware that graduates traditionally refer to our time together this evening as the calm before the storm. Some graduates &mdash; perhaps those who minored in self-awareness &mdash; refer to the commencement address as &ldquo;the snooze before the booze.&rdquo; However you describe my comments this evening, please know that I understand. It wasn&rsquo;t that long ago that I was in your place. And I remember the day well. I knew that I owed my parents &mdash; my financial benefactors &mdash; this opportunity to revel in our mutual accomplishment. Yet, as the guy at the podium droned on about values, goals, and how to make my dreams take flight, I remember desperately checking and rechecking my watch. I thought, &ldquo;I deserve to party, and this codger&rsquo;s cramping my style!&rdquo;</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">In one of life&rsquo;s true ironies, I am now that codger. Well&hellip;I&rsquo;m the female equivalent. A codg-ette, I guess. And I now understand that values, goals, and how to make dreams take flight, really are important. So being a firm believer that hindsight is one of life&rsquo;s greatest teachers, allow me to make belated amends.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">To that distinguished, erudite, and absolutely brilliant man whom I silently dissed many years ago: mea culpa. Big, BIG mea culpa!</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This evening, graduates, I want to share a few thoughts about a topic that should be near and dear to your hearts: the world of global business. But, I&rsquo;m going to present this topic in a way that you probably haven&rsquo;t considered before. I&rsquo;m going to take a look at how the United States is often perceived in global business, what causes this perception, and what we can do about it. To help me, I&rsquo;m going to make use of a model.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">To begin, I&rsquo;d like you to consider your hand. That&rsquo;s right: your hand.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Other than the fact that mine desperately needs a manicure, it&rsquo;s a pretty typical hand. But, what I want you to notice, in particular, is that the five fingers are not the same. One is short and thick, one tiny, and the other three are different as well. And yet, as in perhaps no other part of our bodies, the fingers work in harmony without us even thinking about them individually. Whether we attempt to grasp a dime on a slick, marble surface, a child&rsquo;s arm as we cross the street, or a financial report, we don&rsquo;t consciously say, &ldquo;OK, move these fingers here, raise this one, turn this one under, now clamp together. Got it!&rdquo; We just think about what we want to do and it happens. Our fingers &mdash; as different as they are &mdash; coexist to create a critically important whole.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This unique way of looking at my hand was just one result of hot summer evenings in my childhood home in Madras, India. My mother, sister, and I would sit at our kitchen table and &mdash; for lack of a better phrase &mdash; think big thoughts. One of those thoughts was this difference in our fingers and how, despite their differences, they worked together to create a wonderful tool.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">As I grew up and started to study geography, I remember being told that the five fingers can be thought of as the five major continents: Europe, Asia, Africa, and North and South America. Now, let me issue a profound apology to both Australia and Antarctica. I bear neither of these continents any ill will. It&rsquo;s just that we humans have only five fingers on each hand, so my analogy doesn&rsquo;t work with seven continents.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Clearly, the point of my story is more important than geographical accuracy!</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">First, let&rsquo;s consider our little finger. Think of this finger as Africa. Africa is the little finger not because of Africa&rsquo;s size, but because of its place on the world&rsquo;s stage. From an economic standpoint, Africa has yet to catch up with her sister continents. And yet, when our little finger hurts, it affects the whole hand.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Our thumb is Asia: strong, powerful, and ready to assert herself as a major player on the world&rsquo;s economic stage.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Our index, or pointer finger, is Europe. Europe is the cradle of democracy and pointed the way for western civilization and the laws we use in conducting global business.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">The ring finger is South America, including Latin America. Is this appropriate, or what? The ring finger symbolizes love and commitment to another person. Both Latin and South America are hot, passionate, and filled with the sensuous beats of the mambo, samba, and tango: three dances that &mdash; if done right &mdash; can almost guarantee you and your partner will be buying furniture together.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This analogy of the five fingers as the five major continents leaves the long, middle finger for North America, and, in particular, the United States. As the longest of the fingers, it really stands out. The middle finger anchors every function that the hand performs and is the key to all of the fingers working together efficiently and effectively. This is a really good thing, and has given the U.S. a leg up in global business since the end of World War I.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">However, if used inappropriately &mdash; just like the U.S. itself &mdash; the middle finger can convey a negative message and get us in trouble. You know what I&rsquo;m talking about. In fact, I suspect you&rsquo;re hoping that I&rsquo;ll demonstrate what I mean. And trust me, I&rsquo;m not looking for volunteers to model.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Discretion being the better part of valor&hellip;I think I&rsquo;ll pass.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">What is most crucial to my analogy of the five fingers as the five major continents, is that each of us in the U.S. &mdash; the long middle finger &mdash; must be careful that when we extend our arm in either a business or political sense, we take pains to assure we are giving a hand&hellip;not the finger. Sometimes this is very difficult. Because the U.S. &mdash; the middle finger &mdash; sticks out so much, we can send the wrong message unintentionally.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Unfortunately, I think this is how the rest of the world looks at the U.S. right now. Not as part of the hand &mdash; giving strength and purpose to the rest of the fingers &mdash; but, instead, scratching our nose and sending a far different signal.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">I&rsquo;d challenge each of you to think about how critically important it is for every finger on your hand to rise and bend together. You cannot simply &ldquo;allow&rdquo; the other four fingers to rise only when you want them to. If you&rsquo;ve ever even tried to do that, you know how clumsy and uncoordinated it is.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">My point here is that it&rsquo;s not enough just to understand that the other fingers coexist. We&rsquo;ve got to consciously and actively ensure that every one of them stands tall together, or that they bend together when needed.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Today, as each of you ends one chapter in your young lives and begins another, I want you to consider how you will conduct your business careers so that the other continents see you extending a hand&hellip;not the finger. Graduates, it&rsquo;s not that hard. You can change and shape the attitudes and opinions of the other fingers &mdash; the other continents and their peoples &mdash; by simply ascribing positive intent to all your international business transactions. If you fail, or if you are careless, here&rsquo;s a perfect example of what can happen:</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">A U.S. businesswoman was recently in Beijing, China, on an international training assignment for a luxury hotel chain. The chain was rebranding an older Beijing hotel. As such, the toilets in the hotel had yet to be upgraded. There were no porcelain commodes, just holes in the floor. Until recently, this was the standard procedure in China.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Now, 8,000 miles removed from the scene, you and I &mdash; and most Americans &mdash; can shake our heads and giggle at the physical contortions and delicate motor skills necessary to make the best of this situation. We&rsquo;re simply not used to it. But to loudly and insultingly verbalize these feelings onsite, in front of the employees and guests of the host country, is bush league. And yet, that&rsquo;s exactly what this woman observed.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">In the hotel&rsquo;s bar, the woman overheard a group of five American businessmen loudly making fun of the hotel&rsquo;s lavatory facilities. As the drinks flowed, the crass and vulgar comments grew louder, and actually took on an angry, jingoistic tone. While these Americans couldn&rsquo;t speak a word of Chinese, their Chinese hosts spoke English very well, and understood every word the men were saying.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">And we wonder why the world views many Americans as boorish and culturally insensitive. This incident should make it abundantly clear. These men were not giving China a hand. They were giving China the finger. This finger was red, white, and blue, and had &ldquo;the United States&rdquo; stamped all over it.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Graduates, it pains me greatly that this view of America persists. Although I&rsquo;m a daughter of India, I&rsquo;m an American businesswoman. My family and I are citizens of this great country.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This land we call home is a most loving and ever-giving nation &mdash; a Promised Land that we love dearly in return. And it represents a true force that, if used for good, can steady the hand &mdash; along with global economies and cultures.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Yet to see us frequently stub our fingers on the international business and political stage is deeply troubling. Truth be told, the behaviors of a few sully the perception for all of us. And we know how often perception is mistaken for reality.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">We can do better. We should do better. With your help, with your empathy, with your positive intent as representatives of the U.S. in global business, we will do better. Now, as never before, it&rsquo;s important that we give the world a hand&hellip;not the finger.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">In conclusion, graduates, I want to return to my introductory comments this evening. I observed that as big a night as this is for you, it&rsquo;s an even bigger night for your parents. I ascribed their happiness to looking forward to a few more &ldquo;George Washingtons&rdquo; in their bank accounts. While this is certainly true, there is another reason.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Each of your parents believes that their hard work has paid off. Finally! They believe that maybe &mdash; just maybe &mdash; they have raised and nurtured the next Jack Welch, Meg Whitman, or Patricia Russo.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Don&rsquo;t disappoint them. Don&rsquo;t disappoint your companies. And don&rsquo;t disappoint yourselves.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">As you begin your business careers, and as you travel throughout the world to assure America&rsquo;s continued global economic leadership, remember your hand. And remember to do your part to influence perception.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Remember that the middle finger &mdash; the United States &mdash; always stands out. If you&rsquo;re smart, if you exhibit emotional intelligence as well as academic intelligence, if you ascribe positive intent to all your actions on the international business stage, this can be a great advantage. But if you aren&rsquo;t careful &mdash; if you stomp around in a tone-deaf fog like the ignoramus in Beijing &mdash; it will also get you in trouble. And when it does, you will have only yourself to blame.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Graduates, as you aggressively compete on the international business stage, understand that the five major continents and their peoples &mdash; the five fingers of your hand &mdash; each have their own strengths and their own contributions to make. Just as each of your fingers must coexist to create a critically important tool, each of the five major continents must also coexist to create a world in balance. You, as an American businessperson, will either contribute to or take away from, this balance.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">So remember, when you extend your arm to colleagues and peoples from other countries, make sure that you&rsquo;re giving a hand, not the finger. You will help your country, your company, and yourself, more than you will ever know.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Thank you very much.</span></em></p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/612/graduation-day-speech-by-indira-nooyi">Graduation Day speech by Indira Nooyi</a></p><p>I just now came across one of the best motivational speeches by Indira Nooyi</p>
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<metadata uuid="http://connect2mba.com/export/opendd/612/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/612/" name="description" published="Wed, 24 Mar 2010 09:23:44 -0700" ><![CDATA[<p><span style="color: #000000;">I just now came across one of the best motivational speeches by Indira Nooyi</span></p>
<p><span style="color: #000000;"><br /></span></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Good evening, everyone.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Dean Hubbard, distinguished faculty, honored graduates, relieved parents, family, and friends, it&rsquo;s a distinct pleasure to be in New York City this evening to celebrate the biggest milestone to date in the lives of you, the young men and women before us: your graduation from Columbia University Business School.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">It may surprise you, graduates, but as big a night as this is for you, it&rsquo;s an even bigger night for your parents. They may look calm and collected as they sit in the audience, but deep inside they&rsquo;re doing cartwheels, dancing the Macarena, and practically speaking in tongues, they&rsquo;re so excited. This is what happens when parents anticipate that their bank accounts will soon rehydrate after being bone-dry for two years. So, for everyone here this evening, it&rsquo;s a very special occasion. And I&rsquo;m delighted to share it with you.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">I am keenly aware that graduates traditionally refer to our time together this evening as the calm before the storm. Some graduates &mdash; perhaps those who minored in self-awareness &mdash; refer to the commencement address as &ldquo;the snooze before the booze.&rdquo; However you describe my comments this evening, please know that I understand. It wasn&rsquo;t that long ago that I was in your place. And I remember the day well. I knew that I owed my parents &mdash; my financial benefactors &mdash; this opportunity to revel in our mutual accomplishment. Yet, as the guy at the podium droned on about values, goals, and how to make my dreams take flight, I remember desperately checking and rechecking my watch. I thought, &ldquo;I deserve to party, and this codger&rsquo;s cramping my style!&rdquo;</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">In one of life&rsquo;s true ironies, I am now that codger. Well&hellip;I&rsquo;m the female equivalent. A codg-ette, I guess. And I now understand that values, goals, and how to make dreams take flight, really are important. So being a firm believer that hindsight is one of life&rsquo;s greatest teachers, allow me to make belated amends.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">To that distinguished, erudite, and absolutely brilliant man whom I silently dissed many years ago: mea culpa. Big, BIG mea culpa!</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This evening, graduates, I want to share a few thoughts about a topic that should be near and dear to your hearts: the world of global business. But, I&rsquo;m going to present this topic in a way that you probably haven&rsquo;t considered before. I&rsquo;m going to take a look at how the United States is often perceived in global business, what causes this perception, and what we can do about it. To help me, I&rsquo;m going to make use of a model.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">To begin, I&rsquo;d like you to consider your hand. That&rsquo;s right: your hand.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Other than the fact that mine desperately needs a manicure, it&rsquo;s a pretty typical hand. But, what I want you to notice, in particular, is that the five fingers are not the same. One is short and thick, one tiny, and the other three are different as well. And yet, as in perhaps no other part of our bodies, the fingers work in harmony without us even thinking about them individually. Whether we attempt to grasp a dime on a slick, marble surface, a child&rsquo;s arm as we cross the street, or a financial report, we don&rsquo;t consciously say, &ldquo;OK, move these fingers here, raise this one, turn this one under, now clamp together. Got it!&rdquo; We just think about what we want to do and it happens. Our fingers &mdash; as different as they are &mdash; coexist to create a critically important whole.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This unique way of looking at my hand was just one result of hot summer evenings in my childhood home in Madras, India. My mother, sister, and I would sit at our kitchen table and &mdash; for lack of a better phrase &mdash; think big thoughts. One of those thoughts was this difference in our fingers and how, despite their differences, they worked together to create a wonderful tool.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">As I grew up and started to study geography, I remember being told that the five fingers can be thought of as the five major continents: Europe, Asia, Africa, and North and South America. Now, let me issue a profound apology to both Australia and Antarctica. I bear neither of these continents any ill will. It&rsquo;s just that we humans have only five fingers on each hand, so my analogy doesn&rsquo;t work with seven continents.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Clearly, the point of my story is more important than geographical accuracy!</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">First, let&rsquo;s consider our little finger. Think of this finger as Africa. Africa is the little finger not because of Africa&rsquo;s size, but because of its place on the world&rsquo;s stage. From an economic standpoint, Africa has yet to catch up with her sister continents. And yet, when our little finger hurts, it affects the whole hand.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Our thumb is Asia: strong, powerful, and ready to assert herself as a major player on the world&rsquo;s economic stage.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Our index, or pointer finger, is Europe. Europe is the cradle of democracy and pointed the way for western civilization and the laws we use in conducting global business.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">The ring finger is South America, including Latin America. Is this appropriate, or what? The ring finger symbolizes love and commitment to another person. Both Latin and South America are hot, passionate, and filled with the sensuous beats of the mambo, samba, and tango: three dances that &mdash; if done right &mdash; can almost guarantee you and your partner will be buying furniture together.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This analogy of the five fingers as the five major continents leaves the long, middle finger for North America, and, in particular, the United States. As the longest of the fingers, it really stands out. The middle finger anchors every function that the hand performs and is the key to all of the fingers working together efficiently and effectively. This is a really good thing, and has given the U.S. a leg up in global business since the end of World War I.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">However, if used inappropriately &mdash; just like the U.S. itself &mdash; the middle finger can convey a negative message and get us in trouble. You know what I&rsquo;m talking about. In fact, I suspect you&rsquo;re hoping that I&rsquo;ll demonstrate what I mean. And trust me, I&rsquo;m not looking for volunteers to model.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Discretion being the better part of valor&hellip;I think I&rsquo;ll pass.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">What is most crucial to my analogy of the five fingers as the five major continents, is that each of us in the U.S. &mdash; the long middle finger &mdash; must be careful that when we extend our arm in either a business or political sense, we take pains to assure we are giving a hand&hellip;not the finger. Sometimes this is very difficult. Because the U.S. &mdash; the middle finger &mdash; sticks out so much, we can send the wrong message unintentionally.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Unfortunately, I think this is how the rest of the world looks at the U.S. right now. Not as part of the hand &mdash; giving strength and purpose to the rest of the fingers &mdash; but, instead, scratching our nose and sending a far different signal.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">I&rsquo;d challenge each of you to think about how critically important it is for every finger on your hand to rise and bend together. You cannot simply &ldquo;allow&rdquo; the other four fingers to rise only when you want them to. If you&rsquo;ve ever even tried to do that, you know how clumsy and uncoordinated it is.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">My point here is that it&rsquo;s not enough just to understand that the other fingers coexist. We&rsquo;ve got to consciously and actively ensure that every one of them stands tall together, or that they bend together when needed.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Today, as each of you ends one chapter in your young lives and begins another, I want you to consider how you will conduct your business careers so that the other continents see you extending a hand&hellip;not the finger. Graduates, it&rsquo;s not that hard. You can change and shape the attitudes and opinions of the other fingers &mdash; the other continents and their peoples &mdash; by simply ascribing positive intent to all your international business transactions. If you fail, or if you are careless, here&rsquo;s a perfect example of what can happen:</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">A U.S. businesswoman was recently in Beijing, China, on an international training assignment for a luxury hotel chain. The chain was rebranding an older Beijing hotel. As such, the toilets in the hotel had yet to be upgraded. There were no porcelain commodes, just holes in the floor. Until recently, this was the standard procedure in China.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Now, 8,000 miles removed from the scene, you and I &mdash; and most Americans &mdash; can shake our heads and giggle at the physical contortions and delicate motor skills necessary to make the best of this situation. We&rsquo;re simply not used to it. But to loudly and insultingly verbalize these feelings onsite, in front of the employees and guests of the host country, is bush league. And yet, that&rsquo;s exactly what this woman observed.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">In the hotel&rsquo;s bar, the woman overheard a group of five American businessmen loudly making fun of the hotel&rsquo;s lavatory facilities. As the drinks flowed, the crass and vulgar comments grew louder, and actually took on an angry, jingoistic tone. While these Americans couldn&rsquo;t speak a word of Chinese, their Chinese hosts spoke English very well, and understood every word the men were saying.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">And we wonder why the world views many Americans as boorish and culturally insensitive. This incident should make it abundantly clear. These men were not giving China a hand. They were giving China the finger. This finger was red, white, and blue, and had &ldquo;the United States&rdquo; stamped all over it.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Graduates, it pains me greatly that this view of America persists. Although I&rsquo;m a daughter of India, I&rsquo;m an American businesswoman. My family and I are citizens of this great country.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">This land we call home is a most loving and ever-giving nation &mdash; a Promised Land that we love dearly in return. And it represents a true force that, if used for good, can steady the hand &mdash; along with global economies and cultures.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Yet to see us frequently stub our fingers on the international business and political stage is deeply troubling. Truth be told, the behaviors of a few sully the perception for all of us. And we know how often perception is mistaken for reality.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">We can do better. We should do better. With your help, with your empathy, with your positive intent as representatives of the U.S. in global business, we will do better. Now, as never before, it&rsquo;s important that we give the world a hand&hellip;not the finger.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">In conclusion, graduates, I want to return to my introductory comments this evening. I observed that as big a night as this is for you, it&rsquo;s an even bigger night for your parents. I ascribed their happiness to looking forward to a few more &ldquo;George Washingtons&rdquo; in their bank accounts. While this is certainly true, there is another reason.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Each of your parents believes that their hard work has paid off. Finally! They believe that maybe &mdash; just maybe &mdash; they have raised and nurtured the next Jack Welch, Meg Whitman, or Patricia Russo.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Don&rsquo;t disappoint them. Don&rsquo;t disappoint your companies. And don&rsquo;t disappoint yourselves.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">As you begin your business careers, and as you travel throughout the world to assure America&rsquo;s continued global economic leadership, remember your hand. And remember to do your part to influence perception.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Remember that the middle finger &mdash; the United States &mdash; always stands out. If you&rsquo;re smart, if you exhibit emotional intelligence as well as academic intelligence, if you ascribe positive intent to all your actions on the international business stage, this can be a great advantage. But if you aren&rsquo;t careful &mdash; if you stomp around in a tone-deaf fog like the ignoramus in Beijing &mdash; it will also get you in trouble. And when it does, you will have only yourself to blame.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Graduates, as you aggressively compete on the international business stage, understand that the five major continents and their peoples &mdash; the five fingers of your hand &mdash; each have their own strengths and their own contributions to make. Just as each of your fingers must coexist to create a critically important tool, each of the five major continents must also coexist to create a world in balance. You, as an American businessperson, will either contribute to or take away from, this balance.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">So remember, when you extend your arm to colleagues and peoples from other countries, make sure that you&rsquo;re giving a hand, not the finger. You will help your country, your company, and yourself, more than you will ever know.</span></em></p>
<p style="font-family: Arial; font-size: 12px; color: #d3c6b6; padding: 10px; margin: 0px;"><em style="padding: 0px; margin: 0px;"><span style="color: #000000;">Thank you very much.</span></em></p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/612/graduation-day-speech-by-indira-nooyi">Graduation Day speech by Indira Nooyi</a></p><p>I just now came across one of the best motivational speeches by Indira Nooyi</p>
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<metadata uuid="http://connect2mba.com/export/opendd/603/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/603/" name="title" published="Tue, 23 Mar 2010 11:39:22 -0700" ><![CDATA[Brand Repositioning: A Study of Mountain Dew]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/603/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/603/" name="description" published="Tue, 23 Mar 2010 11:39:22 -0700" ><![CDATA[<p>Mountain Dew, the soft drink distributed and manufactured by PepsiCo was was invented in Knoxville, Tennessee in the 1940s. As of 2007, Mountain Dew was the fourth-best-selling carbonated soft drink in the United States, behind only Coca-Cola Classic, Pepsi-Cola, and Diet Coke.&nbsp;<br /> <a href="http://autoracingsport.com/wp-content/uploads/nascar2007/mountain_dew_logo.JPG"></a></p>
<p>Mountain Dew&rsquo;s name is a Irish slang for home-distilled alcohol. By eluding to what is by itself a euphemism, Mountain Dew creates a metaleptic relation to a world of undulating terrain and mists. The logo further reinforces this imagery. The &lsquo;M&rsquo; and &lsquo;W&rsquo; are overly large &ndash; possibly to give the look of mountain peaks and troughs. The colour green is a universally associated with plant life, while red is a colour of aggression and passion which&nbsp;connects with Dew&rsquo;s secondary association with extreme sports.</p>
<p>Initially a drink with strong following with rural middle-aged people, it target demographic today is radically different. The drink is mainly marketed to people in the 12-30 year old demographic group, creating a connection to activities like extreme sports and to the video game culture.</p>
<p>While Mountain Dew is a popular case study in marketing circles, I wish to focus on its brand repositioning in India.</p>
<p>Launched in Indian in early 2003, Mountain Dew was positioned as an &lsquo;energy and exhilaration' drink &ndash; same as across the world. Pepsi started with two JWT India-created television commercials that attempted to capture the brand's spunk and attitude. The first ad featured four &lsquo;Dew Dudes&rsquo; being asked (by a voice over) whether they'd visited some famous tourist attractions around the world. On being asked &lsquo;Big Ben&nbsp;<em>dekha</em>?', the ads show shots of the boys bungee jumping off the Big Ben. &lsquo;Jump&nbsp;<em>maara</em>,' one of them answers, &lsquo;<em>Baja diya baarah</em>,' says another, &lsquo;<em>Par boring thaa saara</em>,' a third shrugs. The ad continues in this vain till the voice over asks &lsquo;<em>Sab kuchh toh kiya</em>, but have you done the dew?' The boys vouch for the drink as soon as they taste it.</p>
<p>The second ad became a cult hit. It featured a Dew Dude on a bike chasing a cheetah in a Savannah, catching up with it, leaping and wrestling it into submission before pulling a can of Mountain Dew from its throat! &lsquo;<em>Cheetah bhi peeta hai</em>' remarked another Dew Dude.</p>
<p>Yet, Mountain Dew did not live up to all the hype. A survey by Synovate in late 2005 among 16-20 year old SEC A1 &amp; SEC A2 showed that people preferred Sprite and Limca, with Mountain Dew performing only a shade better than Frooti. This &lsquo;baffling&rsquo; result revealed an insight. Firstly, the concept of extreme sports is limited to Indian metros, that too among the more upwardly mobile sections. And even there, awareness does not necessarily mean appeal. There aren't many &lsquo;outdoorsy types' in this country - at least not the kind Mountain Dew has in mind. The ad campaigns itself were found to be over the top and unrealistic. This survey and the market performance of Mountain Dew set the stage for a course correction.</p>
<p>Yet such a course-correction has to remain faithful to the current client&egrave;le of Mountain Dew and conform to the global branding of Mountain Dew. Just a market repositioning rather than a radical re-branding was what was the need of the hour.</p>
<p>This repositioning saw the introduction of the &lsquo;<em>Dar Ke Aage Jeet Hai</em>&rsquo; campaign. Designed by JWT India, these ad was set in a river rapid where some guys were going to attempt river rafting. The ad starts with a nervous guy telling himself &lsquo;<em>Itna mat dar, beta</em>&nbsp;Joy. Sunny&nbsp;<em>ko dekh, kaisa</em>&nbsp;chilled out&nbsp;<em>sa baitha hai</em>&rsquo;. Sunny is saying a silent prayer &lsquo;<em>Bhagwaan, aaj apne</em>&nbsp;Sunny&nbsp;<em>ko bacha lena. Main</em>Anshul&nbsp;<em>ki tarah</em>&nbsp;stud&nbsp;<em>nahin hoon</em>&rsquo;. Anshul, a well-built guy is thinking &lsquo;<em>Kya faayda teri</em>&nbsp;body&nbsp;<em>ka</em>&nbsp;Anshul?&nbsp;<em>Sabse dara toh tu hi hai&rsquo;.</em>&nbsp;Suddenly, accompanying shots of the raft overturning a voice over remarks &lsquo;Boss,&nbsp;<em>dar sabko lagta hai, gala sabka sookhta hai. Toh aaney do dar ko, kyunki dar ke aagey jeet hai&rsquo;.</em>&nbsp;The next shot show cheerleaders worrying for the overboard rafters when suddenly the raft comes out of the water and wins the race.</p>
<p>As we can see, the ad portrays the Dew Dudes human beings with normal emotions like fear. Instead of asking for people who have &lsquo;been there done that&rsquo; to adopt Mountain Dew it asks for people who wish to conquer fear to adopt Mountain Dew. Thus the campaign effected a subtle repositioning of the brand from that focusing on identification with the Dew Dudes to one focusing on the aspirational quality of conquering ones inner monsters. All the while it remains faithful to its association with adventure.</p>
<p>This &lsquo;mainstreaming&rsquo; of Mountain Dew also reflected in its secondary associations. From sponsoring fringe/niche extreme sporting events in India, Mountain Dew has moved to sponsoring regular sports and even movies. One case point was &lsquo;<em>Mission Istanbul - Dar Ke Aage Jeet Hai</em>&rsquo; placing their tagline in the movie title itself!</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/603/brand-repositioning-a-study-of-mountain-dew">Brand Repositioning: A Study of Mountain Dew</a></p><p>Mountain Dew, the soft drink distributed and manufactured by PepsiCo was was invented in Knoxville, Tennessee in the</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 169 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/603/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/603/" name="title" published="Tue, 23 Mar 2010 11:39:22 -0700" ><![CDATA[Brand Repositioning: A Study of Mountain Dew]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/603/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/603/" name="description" published="Tue, 23 Mar 2010 11:39:22 -0700" ><![CDATA[<p>Mountain Dew, the soft drink distributed and manufactured by PepsiCo was was invented in Knoxville, Tennessee in the 1940s. As of 2007, Mountain Dew was the fourth-best-selling carbonated soft drink in the United States, behind only Coca-Cola Classic, Pepsi-Cola, and Diet Coke.&nbsp;<br /> <a href="http://autoracingsport.com/wp-content/uploads/nascar2007/mountain_dew_logo.JPG"></a></p>
<p>Mountain Dew&rsquo;s name is a Irish slang for home-distilled alcohol. By eluding to what is by itself a euphemism, Mountain Dew creates a metaleptic relation to a world of undulating terrain and mists. The logo further reinforces this imagery. The &lsquo;M&rsquo; and &lsquo;W&rsquo; are overly large &ndash; possibly to give the look of mountain peaks and troughs. The colour green is a universally associated with plant life, while red is a colour of aggression and passion which&nbsp;connects with Dew&rsquo;s secondary association with extreme sports.</p>
<p>Initially a drink with strong following with rural middle-aged people, it target demographic today is radically different. The drink is mainly marketed to people in the 12-30 year old demographic group, creating a connection to activities like extreme sports and to the video game culture.</p>
<p>While Mountain Dew is a popular case study in marketing circles, I wish to focus on its brand repositioning in India.</p>
<p>Launched in Indian in early 2003, Mountain Dew was positioned as an &lsquo;energy and exhilaration' drink &ndash; same as across the world. Pepsi started with two JWT India-created television commercials that attempted to capture the brand's spunk and attitude. The first ad featured four &lsquo;Dew Dudes&rsquo; being asked (by a voice over) whether they'd visited some famous tourist attractions around the world. On being asked &lsquo;Big Ben&nbsp;<em>dekha</em>?', the ads show shots of the boys bungee jumping off the Big Ben. &lsquo;Jump&nbsp;<em>maara</em>,' one of them answers, &lsquo;<em>Baja diya baarah</em>,' says another, &lsquo;<em>Par boring thaa saara</em>,' a third shrugs. The ad continues in this vain till the voice over asks &lsquo;<em>Sab kuchh toh kiya</em>, but have you done the dew?' The boys vouch for the drink as soon as they taste it.</p>
<p>The second ad became a cult hit. It featured a Dew Dude on a bike chasing a cheetah in a Savannah, catching up with it, leaping and wrestling it into submission before pulling a can of Mountain Dew from its throat! &lsquo;<em>Cheetah bhi peeta hai</em>' remarked another Dew Dude.</p>
<p>Yet, Mountain Dew did not live up to all the hype. A survey by Synovate in late 2005 among 16-20 year old SEC A1 &amp; SEC A2 showed that people preferred Sprite and Limca, with Mountain Dew performing only a shade better than Frooti. This &lsquo;baffling&rsquo; result revealed an insight. Firstly, the concept of extreme sports is limited to Indian metros, that too among the more upwardly mobile sections. And even there, awareness does not necessarily mean appeal. There aren't many &lsquo;outdoorsy types' in this country - at least not the kind Mountain Dew has in mind. The ad campaigns itself were found to be over the top and unrealistic. This survey and the market performance of Mountain Dew set the stage for a course correction.</p>
<p>Yet such a course-correction has to remain faithful to the current client&egrave;le of Mountain Dew and conform to the global branding of Mountain Dew. Just a market repositioning rather than a radical re-branding was what was the need of the hour.</p>
<p>This repositioning saw the introduction of the &lsquo;<em>Dar Ke Aage Jeet Hai</em>&rsquo; campaign. Designed by JWT India, these ad was set in a river rapid where some guys were going to attempt river rafting. The ad starts with a nervous guy telling himself &lsquo;<em>Itna mat dar, beta</em>&nbsp;Joy. Sunny&nbsp;<em>ko dekh, kaisa</em>&nbsp;chilled out&nbsp;<em>sa baitha hai</em>&rsquo;. Sunny is saying a silent prayer &lsquo;<em>Bhagwaan, aaj apne</em>&nbsp;Sunny&nbsp;<em>ko bacha lena. Main</em>Anshul&nbsp;<em>ki tarah</em>&nbsp;stud&nbsp;<em>nahin hoon</em>&rsquo;. Anshul, a well-built guy is thinking &lsquo;<em>Kya faayda teri</em>&nbsp;body&nbsp;<em>ka</em>&nbsp;Anshul?&nbsp;<em>Sabse dara toh tu hi hai&rsquo;.</em>&nbsp;Suddenly, accompanying shots of the raft overturning a voice over remarks &lsquo;Boss,&nbsp;<em>dar sabko lagta hai, gala sabka sookhta hai. Toh aaney do dar ko, kyunki dar ke aagey jeet hai&rsquo;.</em>&nbsp;The next shot show cheerleaders worrying for the overboard rafters when suddenly the raft comes out of the water and wins the race.</p>
<p>As we can see, the ad portrays the Dew Dudes human beings with normal emotions like fear. Instead of asking for people who have &lsquo;been there done that&rsquo; to adopt Mountain Dew it asks for people who wish to conquer fear to adopt Mountain Dew. Thus the campaign effected a subtle repositioning of the brand from that focusing on identification with the Dew Dudes to one focusing on the aspirational quality of conquering ones inner monsters. All the while it remains faithful to its association with adventure.</p>
<p>This &lsquo;mainstreaming&rsquo; of Mountain Dew also reflected in its secondary associations. From sponsoring fringe/niche extreme sporting events in India, Mountain Dew has moved to sponsoring regular sports and even movies. One case point was &lsquo;<em>Mission Istanbul - Dar Ke Aage Jeet Hai</em>&rsquo; placing their tagline in the movie title itself!</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/603/brand-repositioning-a-study-of-mountain-dew">Brand Repositioning: A Study of Mountain Dew</a></p><p>Mountain Dew, the soft drink distributed and manufactured by PepsiCo was was invented in Knoxville, Tennessee in the</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 169 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/586/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/586/" name="title" published="Tue, 09 Mar 2010 12:39:00 -0800" ><![CDATA[Cadbury]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/586/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/586/" name="description" published="Tue, 09 Mar 2010 12:39:00 -0800" ><![CDATA[<p>It was a general assumption that Chocolates are consumed when people are happy, when they want to share their joy with rest of the people. Now it has been seen that even when people are in depression, they have chocolate to come out of the depression. Some people consume chocolate when they are in stress while writing exams. Some people need chocolate to boost up their energy levels. So in short, whatever the occasion is chocolate can be consumed. This major change in perception is brought about by one of the major global confectionery company with an outstanding portfolio of chocolate, gum and candy brands. In 1824, John Cadbury opened first shop in Birmingham selling cocoa and chocolate since then company, CADBURY, has expanded its operation across the world.</p>
<p><br /> In India, Cadbury began its operations in 1948 by importing chocolates. The corporate office of Cadbury is in Mumbai. Main brands of Cadbury are Cadbury Dairy Milk, 5 Star, Perk, Eclairs, Bytes and Celebrations. The chocolate taste for the Indian consumer is pure taste of Cadbury Dairy Milk. In beverages, Bourn vita is the leading Malted Food Drink in the country. In medicated candy halls is the leader.<br /> <br /> Cadbury competitors are not only restricted to chocolate industry but also small sweets shop owners. Cadbury has positioned itself as that whenever people wants to have sweet then they should have Cadbury chocolates, company has launched Dairy Milk Desserts for the same. Company wants to be part of every Indian consumer happiness, joy and celebration. For this company has come up with campaigns to promote its product to the child in every adult. &ldquo;Real Taste of Life&rdquo; is one such campaign from the company.</p>
<p>&nbsp;</p>
<p>Another campaigns from company are 'Khanewalon Ko Khane Ka Bahana Chahiye' , 'Kuch Meetha Ho Jaaye' , Pappu Pass Ho Gaya.. The 'Pappu Pass Ho Gaya' campaign also went on to win Silver for The Best Integrated Marketing Campaign and Gold in the Consumer Products category at the EFFIES 2006 (global benchmark for effective advertising campaigns) awards. The first ever known advertisement of Cadbury is cricket advertisement in which girl expresses her joy and happiness by breaking all the boundaries across her and dancing in front of whole stadium. This advertisement has the most recall value whenever the name of Cadbury comes.</p>
<p><br /> In India Cadbury is the highest selling chocolate brand with 70% market dominations. In order to increase its consumer base, it comes up with new campaign to increase the consumption of chocolates. Recently Bollywood star Amitabh Bacchan has endorsed the product and brand.<br /> <br /> Cadbury always focus on delivering best to its customer, in order to get best cocoa for its<br /> Chocolates, company pioneered the cocoa cultivation in the country in 1965. They have worked with kerala Agriculture University to undertake cocoa research and released clones, hybrids that improve the cocoa yield. Another important aspect which is taken care of by the company is packaging part of its brands. For different brands different packaging is done.<br /> <br /> For Cadbury Dairy Milk, colourful primary packaging of HDPR over a thin aluminum foil is used. The basis combination is blue white with variation of red, yellow and brown.<br /> Cadbury 5 star comes in its classis golden colour. Cadbury perk is retailed in primary packaging of HDPE. It has colour combinations of blue, yellow, red and brown. Cadbury &eacute;clairs is a toffee version of chocolate packed in primary packaging of HDPE with colour combination of blue and yellow .Cadbury gems is brightly colored packaging specially attractive for the children.</p>
<p><br /> The Indian chocolate market is growing at a rate of 20% annually. In order to retain the leadership position in Confectionary sector, Cadbury comes up with new and innovative communication on frequent basis. Recently in India, it has relaunched Bournville Fine Dark Chocolate in dark chocolate segment. The target segment of BournVile is Sec A Another interesting fact is that during festive season, from September to November, in India company revenue increases by 15-20%. In a present scenario where competition is fierce and Cadbury faces competition from companies like Pepsi, Coca-cola, Sweet Shop Owners, and Mac D also to certain extent. It will be an interesting case study to study that how Cadbury has regained its leadership position over such a long period.</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/586/cadbury">Cadbury</a></p><p>It was a general assumption that Chocolates are consumed when people are happy, when they want to share their joy wit</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 183 days ago</p>		</div>		
	
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<metadata uuid="http://connect2mba.com/export/opendd/586/attr/title/" entity_uuid="http://connect2mba.com/export/opendd/586/" name="title" published="Tue, 09 Mar 2010 12:39:00 -0800" ><![CDATA[Cadbury]]></metadata>
<metadata uuid="http://connect2mba.com/export/opendd/586/attr/description/" entity_uuid="http://connect2mba.com/export/opendd/586/" name="description" published="Tue, 09 Mar 2010 12:39:00 -0800" ><![CDATA[<p>It was a general assumption that Chocolates are consumed when people are happy, when they want to share their joy with rest of the people. Now it has been seen that even when people are in depression, they have chocolate to come out of the depression. Some people consume chocolate when they are in stress while writing exams. Some people need chocolate to boost up their energy levels. So in short, whatever the occasion is chocolate can be consumed. This major change in perception is brought about by one of the major global confectionery company with an outstanding portfolio of chocolate, gum and candy brands. In 1824, John Cadbury opened first shop in Birmingham selling cocoa and chocolate since then company, CADBURY, has expanded its operation across the world.</p>
<p><br /> In India, Cadbury began its operations in 1948 by importing chocolates. The corporate office of Cadbury is in Mumbai. Main brands of Cadbury are Cadbury Dairy Milk, 5 Star, Perk, Eclairs, Bytes and Celebrations. The chocolate taste for the Indian consumer is pure taste of Cadbury Dairy Milk. In beverages, Bourn vita is the leading Malted Food Drink in the country. In medicated candy halls is the leader.<br /> <br /> Cadbury competitors are not only restricted to chocolate industry but also small sweets shop owners. Cadbury has positioned itself as that whenever people wants to have sweet then they should have Cadbury chocolates, company has launched Dairy Milk Desserts for the same. Company wants to be part of every Indian consumer happiness, joy and celebration. For this company has come up with campaigns to promote its product to the child in every adult. &ldquo;Real Taste of Life&rdquo; is one such campaign from the company.</p>
<p>&nbsp;</p>
<p>Another campaigns from company are 'Khanewalon Ko Khane Ka Bahana Chahiye' , 'Kuch Meetha Ho Jaaye' , Pappu Pass Ho Gaya.. The 'Pappu Pass Ho Gaya' campaign also went on to win Silver for The Best Integrated Marketing Campaign and Gold in the Consumer Products category at the EFFIES 2006 (global benchmark for effective advertising campaigns) awards. The first ever known advertisement of Cadbury is cricket advertisement in which girl expresses her joy and happiness by breaking all the boundaries across her and dancing in front of whole stadium. This advertisement has the most recall value whenever the name of Cadbury comes.</p>
<p><br /> In India Cadbury is the highest selling chocolate brand with 70% market dominations. In order to increase its consumer base, it comes up with new campaign to increase the consumption of chocolates. Recently Bollywood star Amitabh Bacchan has endorsed the product and brand.<br /> <br /> Cadbury always focus on delivering best to its customer, in order to get best cocoa for its<br /> Chocolates, company pioneered the cocoa cultivation in the country in 1965. They have worked with kerala Agriculture University to undertake cocoa research and released clones, hybrids that improve the cocoa yield. Another important aspect which is taken care of by the company is packaging part of its brands. For different brands different packaging is done.<br /> <br /> For Cadbury Dairy Milk, colourful primary packaging of HDPR over a thin aluminum foil is used. The basis combination is blue white with variation of red, yellow and brown.<br /> Cadbury 5 star comes in its classis golden colour. Cadbury perk is retailed in primary packaging of HDPE. It has colour combinations of blue, yellow, red and brown. Cadbury &eacute;clairs is a toffee version of chocolate packed in primary packaging of HDPE with colour combination of blue and yellow .Cadbury gems is brightly colored packaging specially attractive for the children.</p>
<p><br /> The Indian chocolate market is growing at a rate of 20% annually. In order to retain the leadership position in Confectionary sector, Cadbury comes up with new and innovative communication on frequent basis. Recently in India, it has relaunched Bournville Fine Dark Chocolate in dark chocolate segment. The target segment of BournVile is Sec A Another interesting fact is that during festive season, from September to November, in India company revenue increases by 15-20%. In a present scenario where competition is fierce and Cadbury faces competition from companies like Pepsi, Coca-cola, Sweet Shop Owners, and Mac D also to certain extent. It will be an interesting case study to study that how Cadbury has regained its leadership position over such a long period.</p>
<p>&nbsp;</p>]]></metadata>
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			<p><a href="http://connect2mba.com/pg/blog/neha/read/586/cadbury">Cadbury</a></p><p>It was a general assumption that Chocolates are consumed when people are happy, when they want to share their joy wit</p>
<p class="owner_timestamp"><a href="http://connect2mba.com/pg/profile/neha">neha</a> 183 days ago</p>		</div>		
	
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