toshiba india brand relaunch
TRANSCRIPT
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BRAND RELAUNCH PROPOSAL
TOSHIBAAakanksha Jamwal, 2014001Abhinav Saraswat, 2014009
Aditi Tandon, 2014016Akshay Agrawal, 2014023
Bushra Zaidi, 2014075Deval Joshi, 2014083
Current Segment
Metros, Tier-1, Tier-2 cities
18 - 40 years, middle - upper middle class,
business houses, working executives, people
interested in entertainment, internet, gaming, multimedia etc.
People seeking Quality products, potential and
regular users with medium/heavy usage rate, informed/intending to buy having a neutral or positive attitude towards Toshiba.
Target Market
Sec A, Sec B people
Loyal customers seeking high end technology
Bulk buying by corporate houses and industries
Consumers focussing on sophisticated designs, interested in travel and lifestyle products
Consumers concerned about safety issues and seeking quality products at best price (value for money)
Positioning
Innovative and
premium brand
Revolutionary Technology
Supreme convenience Durability
Problems
Consumer Perception Late Entrant
Poor Adverts
Poor Distribution Lack of Physical Infrastructure
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Competitor AnalysisConsumer durable market in India is worth US$7.3 billion growing at a rate 14.8% annually. The market is dominated by players like LG, Samsung, Sony, HP & Dell.
Samsung 26.2% LG 24.2% Sony 20% Toshiba 5% Others 24.6%Television (LED / LCD)
RefrigeratorsSamsung 18% LG 29% Godrej 18% Whirlpool 12% Others 5%Refrigerators
Washing MachinesSamsung 19% LG 31% Videocon 12% Whirlpool 13% Others 25%
LaptopsDell 32% HP 28% Lenovo 12% Acer 8% Samsung 5% Asus 4% Toshiba
5%
Exclusive Stores• Sony - 270 retail outlets named ’Sony Center’ Source: http://www.sony.net/SonyInfo/IR/financial/ar/2011/report2011/are-11-03.pdf
• LG – 1000+ LG Brand Stores, Co. plans an increase of 20% more Source: http://www.cnet.com/news/lg-to-expand-retail-stores-in-emerging-markets-wsj-says/
• Samsung - 2000 Exclusive Stores out of which 1100 Smart Café Source: http://articles.economictimes.indiatimes.com/2014-04-08/news/48939472_1_micromax-vineet-taneja-stores
• Toshiba - 75 Stores• Dell - 400+ Exclusive Stores Source: http://news.franchiseindia.com/Dell-India-to-open-400- stores-by-2015-5524/
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Consumer Perception
Based on The exclusive India Today Group-MDRA consumer survey
Laptops LCD / LED
Refrigerators
Washing Machines
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Brand PlanObjective: Change the perception from a B2B brand to a B2C, youth oriented brand.
Target:I. Consumers in age group 18 – 40 years; students, young professionals and
homemakers.II. For whom product becomes an integral part of their lives.III. Technologically savvy, seek quality, serviceability, need fulfillment.IV. Users demanding a one stop shop solution for electronics & durables.
Brand Voice (Value Proposition):a. Pioneer in Technologyb. In Touch with Tomorrowc. Beyond Contemporaryd. Bringing Future to You
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Brand Plan (Cont.)
Current Logo
Font Type for Toshiba is Eurostile Bold.(Serif Family)
Font Color: Pantone DS73-1/485
Font Type for Leading Innovation is Myriad Pro Bold.
Right part of the glyph have Gray 40 & Gray 60 to visualize sense of agility with leadership.
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Brand Plan (Cont.)
Proposed Logo
Font Type used is Eurostile Regular. (Serif Family)
Font Color: • Pantone DS73-1/485• Pantone Orange 021 C• Pantone 158 C• Pantone 151 C
Font Type for Leading Innovation is Myriad Regular.
PMS 021C
360o Campaign - Phase I• Internal Launch
• Dealer’s Meet with overnight change in corporate collaterals all across the offices in India.
• Marketing Campaign• Newspaper – Two Spread Bleed• TVCs
– 30 Sec and 10 Sec adverts in 7-9 am slot and 8-11 pm slot• OOH – Strategic locations in outlets’ cities• Digital Media
360o Campaign - Phase II• Launch of refreshed products• Lite® or Play ®
• Experience Zone – 5 metros (including Bengaluru)• Innovation Zone• Marketing• Newspaper Adverts • Products specific – Half Horizontal , 5 Metros and 5 Tier I
cities• Generic Adverts – Quarter Page Advert, 3 – 5 days
Investment PlanMARKETING COSTS
Rs. In Lacs
Newspaper
Rs. 60 lacs 300
(5 Metros including Bangalore) (Phase II Product ads)15 150(5metro & Tier 1 Cities)
3 30
Bill Boards (OOH)
Rs. 20 lacs 400
(In 20 locations across tier 1 and metros)
TVC
Rs. 30,000 540(Rate / 10 sec)
Frequency: 4 timesDays: 15
No. of Channels: 10
Digital Media
Rs. 30 lacs 30
Agency Cost for YouTube Ads, Social Media Marketing etc.
TOTAL 1450
INTERNAL COST Rs. In Lacs
Collateral Cost of Employees
Rs. 2000 90
(No. of Employees - 4500)
Store Redesigning, Dealer & Other Associated Cost
Rs. 10 lacs(Across 75 locations in Metros
and Tier I cities)
750
Experience ZonesRs. 200 lacs 1000
(For 5 Zones in 5 Metros including Bangalore)
Staff Training
Rs. 10000 600(Training on new brand
philosophy and approach to internal employees & dealers -
6000) TOTAL 2440
Cont.
Future Outlook
• Increased footfall in retail outlets by 300 - 400%• Increase LCD/LED sales by 7.5 – 10% within a year from the
campaign.• Increase Notebook sales by 10 - 12% within a year from the
campaign.• Stronger Brand Recall• Target to open 150 more franchisee / dealer outlets across
various Tier 1, 2 & 3 cities by Dec 2016• This is done in order to implement GTM (Go-to-Market)
strategy.
Future Brand Strategies
Questions?