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Marketing -- In the times of the rogue virus
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Top Stories |
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Himanshu Manglik | 01 Jun, 2020
Consumers and businesses are in flux, especially during the past many
months, as they stagger around trying to react to the rogue virus
Covid-19. Many companies who have tentative mindsets and lean budgets
seem to have slashed marketing communication budgets to a whimper, as
they slide back to a cautious 'show me the demand' syndrome. Brand
relationships cannot be turned on and off. When brands go silent in
times of crisis they shouldn't be surprised if consumers forget them as
well. Unless they find ways to engage and stay relevant, the current
scenario can be a horror movie. They will just have to watch demand
sliding over the precipice.
Seasoned marketers, however,
understand the importance of brand building and realise that their role
is much more than generating short-term demand. Marketing leadership
will require innovation that is substantive, collaborative explorations
and sharp insights. Those brands that are already strong will have
significantly more leeway to explore and innovate as they pivot on the
brand equity. The crux is about keeping your finger on the pulse of the
consumer, understanding the stimulus and their changing life and staying
tuned to the beat of their pulse, staying engaged in conversation. Some
brands have made excellent moves to contain the Covid impact on the
brand. CADBURY Dairy Milk, SAVLON and Nestle MUNCH are noticeable. They
have innovated while remaining close to their brand values within this
uncertain environment.
CADBURY Dairy Milk understood the
sentiments of the current situation. It built on the insight that
generosity in tough times creates a strong emotional bond and launched
the limited edition 'Cadbury Thank You Bars'. In a bold innovation to
their packaging, they replaced the Dairy Milk logo with 'Thank You' to
creatively add a sentimental dimension to the brand and have committed
part proceeds towards health insurance policies of daily wage earners.
The 'CADBURY Thank You' bars bridge the gap with the unsung heroes and
builds an immediate link between Cadbury and generosity. That reinforces
the brand's equity.
Nestle MUNCH came up with a campaign
#CrunchKaAttitude. It seems to build on the insight that the strength of
the youth, as they go through the Covid lockdown stress, is in their
attitude. The campaign mirrors it in the brand with 'On rakho confidence
ka crunch'. Engagingly put together, the storyline is peppy and makes
you smile. It helps us relate to the mischief and confidence we see in
youngsters and should resonate with the youth and even their families.
Prof.
S. Jadish, Consultant and formerly of IIM Bangalore, feels, "The
present lockdown is an opportunity for the brand to innovate and to make
its own role more empathetic and relevant to the situation. The
campaign for Munch is enjoyable and engaging. It has all the ingredients
that can be leveraged for the lockdown situation and could possibly
resonate with the youth because it seems to speak their language.
However, some creatives grab you faster than others. The recent work
that I have seen from Amul, Lizol, Cadbury and Dettol are on the dot."
SAVLON,
on the other hand, which has a well established positioning of health
and hygiene, has grabbed the opportunity to reinforce the positioning.
It has just launched single use sachets costing Rs. 0.50 of Savlon hand
sanitizer gel as well as extended the brand into Savlon surface
disinfectant spray. Both these build on an obvious consumer need today
and resonate with the brand positioning. The sachet has the potential to
make deep inroads for home use as well as on-the-move usage. These are
meaningful initiatives that make it easier to generate trials and
acceptance and eventually strengthen Savlon's positioning that was
effectively created by the 'Healthy Hand Chalk Sticks' campaign.
The
ongoing socio-economic disruption and volatility is making the
marketers job quite complicated today. The destruction of demand is
disturbing and, as consumers mutate to adapt to insecurities, it is
difficult to predict how the consumer behaviour will reconstruct itself.
The challenge for brands is to stay visible but in a meaningful manner.
They will have to keep innovating and renovating, preparing for the new
emerging demands, and constantly embedding the messages that trigger
the brand preference. The go-to-market strategies may need to be altered
as consumers start to recalibrate and reset.
There has been a
flurry of marketing efforts in recent weeks where some brands have tried
to innovate partnerships and launch products under their existing
strong brands even though it would earlier not have found a place in
their product portfolio. Asian Paints innovatively launched 'VIRO PROTEK
200', a hand sanitizers and disinfectant brand under the Asian Paints
umbrella. BERGER Paints has gone even further and rolled out hand
sanitizers leveraging its paints logo 'BERGER - Trusted Worldwide'.
SAFARI, the luggage company has, on the other hand, stretched its brand
portfolio to include reusable outdoor masks 'AIR PRO'. DOMINOS leveraged
their fleet to support an ITC experiment with home delivery during the
lockdown, while MARICO piggy backed SWIGGY and ZOMATO for home delivery
of edible oil and oats. These are innovative moves to capture short-term
business opportunities but it is difficult to say how they will play
out in the long run and whether they will strengthen the core brand or
dilute it.
New initiatives and products will get launched as
businesses attempt to cash in on the emerging opportunities. This is the
time to strengthen brand equity or perhaps even create new brands for
innovative products that add value to the consumers in the changed
environment. Marketing will have to assess if it is better to create a
new and potentially valuable brand, or force fit to leverage existing
valuable brands and in the process destroy some trust. The challenge is
that we do not know how dramatically consumer behaviour will swivel.
Brand
Trust is a function of credibility, consistency and ability to support
the core values of the brand and its positioning. More than ever before,
the focus has to be on building trust, though marketers will have to be
careful that some innovations may drive business, but they may not
always build trust. Even brands like CADBURY, SAVLON and MUNCH will need
to stay tuned. The coming months and years will be a test for these
marketers. Not the pushy salesmen, though they will have their role cut
out as well. The challenge will be for the core marketing man who keeps
searching for consumer insights for sustainable marketing and brand
building.
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