Business

Sunday, September 25, 2016

How can a low budget client/product create an effective and impressive Brand - in an affordable way?


You have launched a shoe making company and designed many new trendy models of shoes which fit the young generation, but the youngsters are after the global Brands and your shoes are not hot for them, how can you make your Shoes a reputed  and recognized Brand in the Market? A serious question you may ask...!


Today, many entrepreneurs are venturing into new business models than appearing for repeated interviews for a job these days, the trend is changing and new companies are appearing and manufacturing many products. However, when it comes to creating a Brand identity that is hot and inviting, creating more and more demands from the customers are a herculean task unless you have hired a reputed Branding Company to do your Branding job in a logical and scientific manner.

First of all, let us see what is a Brand, I would say, what your brand can promise? Why should someone pay you...when they have plenty of choice in the market? Questions are many....
You need a step by step approach... to build a Brand identity...
To give a memorable brand name; first of all remember that it won't cost much..Sit with your friends, family members, and well-wishers, and marketing people, then pick some elements of the best features of your product...it may be colors or different shades match the trending styles, changes, high-profile look, durability or you may be able to sell the same quality of the major brands at a less cost, Then pick it up and yell...Yes, it can be the trendy design that appeals the youngsters and elders alike, boast it,  whatever may be... 
It can again be durability, style, affordability with top quality and genuine leather ...like something you have to highlight for which the customer love to pay for. None wants to try similar features already in the market for the same price...
For example , I am the customer of Raymonds and Woodland. My loyalty to these Brands is style and durability. They give me value for money and they advertise filling emotional attributes and utility.

Now, we have to get a logo designed, with the proper color scheme that appeals your target group...and make sure that your communication is in tandem with a quality of your raw material...make sure that your product claims are met, the customers are smart to detect lies. Choose well the fonts that communicate your Brand Philosophy, it can be cool, hot, horror - like Harry potter- please remember, the Crime thriller fonts are different from romantic fonts...every font has a link to some kind of emotion and feelings...
Followed by choosing a color scheme, and filling it with your marketing material are required, Carry bags,   Brochures, Danglers, and Flyers ..which would appeal your target audience should need it.

Now, the communication module and platforms, 

Every Brand needs a story to tell and entertain...connect with the consumer...

After that, design a communication channel and message, for Print ads, Electronic media, and Social media...the engaging message will do wonder...make sure that your message is precise and to the point, besides entertaining and intelligent...none want to read a boring ad in the magazine..something very common these days, copied ads are filled in the Indian Market and the content on the social media platforms that repeats hundred times for SEO bores everyone...it bored your potential customers, believe me. Repetition may be good for Search engines to find you when they crawl, but, it will bore your intelligent and sensitive costumes...they need something new like you order different dishes for your lunch and dinner...heart needs fresh messages that mesmerize...robots don't..so SEO strategy is good but take the liking of your customers...first.


Now you have Created an identity, and we want the customers to talk about your Brand, and we need repeat purchase for organic growth, for which you will need something they like in the product they use...let your design and durability talk, don't be a miser...be cozy...shoes are the part of social status, either in the college or in the office, they are looked at, adds value when one appears for an interview, become part of one's personality and appearance; that would make an impression, add more elements into these areas... word of mouth advertising has more impact , especially in today's democratized social media...
The frequency of communication and the helping model communication will be appealing on social media, just don't go there to ask "buy my stuff". Create slogans that people love to read and talk about...
Launch fresh models every six months, that would give you to give a fresh communication opportunity and ask the people to come again to try...and  try again.



V Bright Saigal-  Brand Consultant & Brand Doctor - Creative English Scriptwriter




Call-: 91-9654069117





Monday, May 9, 2016

As a post-retirement plan I want to launch a milk marketing or sales outlet.

Dear VBS,

I am going to retire, I have some savings too, as a post-retirement plan I want to launch a milk marketing or sales outlet. How can I promote my business? Please, advice.

Sir,
First of all, I don’t have any idea in which city you live in. I am not going to give you any city specific information, instead, I will give you generic tips that you may find useful.

First, of you should know that the milk business does not give that much margin to survive unless you have a mass clientele. Many city-based milk marketing companies are owned completely or partially by the government. You won’t have such big network and Milk marketing is a time-bound business as the product is coming under perishables.
Freezing cost you more.

What about pure cow milk? Many customers really are looking for. What about you rear some milking cows and deliver fresh milk against orders. This will do wonder from udder to doorstep slogan will give boost and you will grow faster. Most probably the homes having children will give you more business.

Advertising in the nearest cinema Halls and cable TV operators can also help you out. Newspaper insert and slowly expanding your network to many colonies with the help of a small call center will do wonder.

Regards
V Bright Saigal- Brand Doctor- & Creative Consultant

 


Saturday, March 12, 2016

I am a retired professional and want to start a new business.

Dear VBS,

I am a retired professional and want to start a new business. I have some savings, but, many options in front of me have so many competitors in the market. Many people I have interviewed are not making a living out of it. So, I decided to start a food outlet that delivers food to the doorstep. Can you suggest some promotional options I can choose to improve my business?

Sir,
Food business is a good option. Demand for food will never go down. What you have to do is a unique category which others can’t imitate faster and you will have the ability to meet the demand.
For creating demand you have to communicate to the right target group and meet their taste.

I would suggest you to start a plate size big burger…call it as lunch Burger…that would fill the stomach and low priced. If the prize and taste are attractive none will stop you in the market/
Now you need promotion.
Since the food business is a local business you will have to depend on the Local TV channel, the potential of TV channel to give you image and reach no other medium can deliver.

Social media, on facebook you can post comments and humor; post food humor as extended posting. Besides all these you can choose ads on facebook.

Create a loyal community asking them to like your facebook page for 20% discounts. Ask people to come with a flavor you can accommodate. Once you launch you should ask feedback, if the votes are more go ahead with the flavor. Keep on adding more dishes, and more often come with unique party dishes.

Newspaper inserts with coupon and SMS with coupon codes will get you more crowd.

Let me know the progress after 6 months.
Regards
V Bright Saigal- brand Doctor and writer


Ask questions-Ask Questions

Monday, February 1, 2016

These days the business is very dull. I am thinking to shift to a new busines

Dear VBS,

My business is exporting Tee shirts. These days the business is very dull. I am thinking to shift to a new business where I expect to thrive at the same time required only less investment as I don’t have that much money left with me. Can you suggest something?

Sir,
The export market is dull as there is war in the Middle East and recession in the European region. The US market might have recovered but, look at China, it is shifting from export economy to consumer economy.

Now, the demand will increase for food related items in the African region as the economy in this area is picking up. So I would suggest you to shift to some consumer items and basic food products that you can export to the African region.

The Middle East and the EU will not wake up as the war will continue for long years. Now it is almost 16 years ever since the US invaded Iraq. The war condition is worsening.

The rare metal business like Copper and Gold will have a huge demand for import to India too. Another product and Business opportunity is trying to manufacture automobile parts; even small parts will have a huge demand in future. What about to become a vendor of small parts of Defense Industry. Collaborate with some foreign firms to supply parts to big arms manufacturing companies. All these will have good demand. Online education is a promising sector as the educational world is merging into a small village. Free flow of knowledge is the need of the hour.

Hope some of these may fit your requirement for the next journey.





  

Wednesday, December 16, 2015

#IVT News: I am thinking to start an e-commerce outlet for Fashion



Dear VBS,

 My objective is to be an entrepreneur, and I am thinking to start an e-commerce outlet for Fashion verticals. But, my budget very low and so far I couldn’t find any financial help or investors to fund me. Could you please help me to get some publicity within my shoestring budget limit?

Sir,

E-Com mania is getting tamed and mellowed slowly now. The investors are cautious and they don’t invest that much initial investment in any stat ups so soon. Those start-ups swallowed a lot of money have yet to show any sign profit, most probably profit for them far from reality. Let us talk about a leading Indian e-coms. How many of them are making profits? As far as I know the latest one declared loss of around Rs.40-50 Crore and their revenue-sale increased up to around Rs.1000 Cr.

According to me, a business, not a business unless it makes some profit; Paying discount to buy a product; that is again under priced for whatever may the means of income or source giving away is not justifiable.

However, I will suggest you to use free tools and platforms to popularize your new venture. Start with a short film on social media, and still poster on Pinterest on all fashion products you sell. On and off run a quiz competition for the target audience again on the free platforms to get a community you are looking for. Once your products are attractive and you have loyal customer base the road ahead will be smooth.

Ask the public to submit a design they want to buy. Launch a few of them you select and give some prize to those who submit the designs. Your good will increase as you are engaging the end consumer from the designing level itself instead of asking them to buy what You sell.

Do not venture into print ad because there are many TV channels you can rely on low cost with better reach and visibility. Radio is an option, but I found many FM channels are costlier than TV programs. But, TV programs get you better mileage than an FM channel.


Regards

V Bright Saigal – :Brand Doctor- Creative Consultant and Media Buyer.

Buy Books: www.ivtbookstore.blogspot.com

Post a Job & get more response: http://ivoice.webnode.com/jobs2/








  

Tuesday, December 8, 2015

#IVT News:I am going to launch a Coffee outlet

Dear VBS,

I am going to launch a Coffee outlet in the heart of the city. My publicity budget is minimal and I have a long-term ambition to create a network of Coffee shops in every major city. How can I run a low budget campaign?

Sir,
First of all, you have not mentioned in which city you will kick start your maiden venture, but I am sure the coffee outlets including Star Bucks make at least 50 lac rupees per annum loss. They may be selling more …the margin is far off from their reach.

Let us start with pre-launch Hoardings and SMS and start early Social media with photos of the Brand ad Cups with hot coffee...

Start some promotional offers for the first one month. Run, a few low budget events for the youngsters.

What about Radio ads in the city?

Regards

V bright Saigal – Brand Doctor and Creative consultant
Buy Books: 






Saturday, November 21, 2015

New Novel LONDON MARSHALL Lunching Soon




New Novel
LONDON MARSHALL
(Crime Thriller)
Legacy of Sin & the Lords of Raisina Hills
ISBN-978-1-300-87399-0
Lunching Soon