I just came across an amazing blog on marketing in India. It has several posts on marketing in Rural India, the challenges associated etc. http://rajeshaithal.blogspot.com/search?updated-min=2010-01-01T00%3A00%3A00-08%3A00&updated-max=2011-01-01T00%3A00%3A00-08%3A00&max-results=27
Check it out!
I love his post on why the Nano isn't selling as well as was anticipated. I agree with a couple of points. Namely, for most people in India, owning a car is the ultimate status symbol. A mark that the family has managed to upgrade from a 2 wheeler to a nice 4 wheeler. Why would that family spend on a Nano if a little more saving (or debt!) can bring an Alto? I'm sure Tata will get their marketing formula/positioning right, but the question itself brings up some interesting thoughts: Should some products always be premium priced? Or portray a premium image? Or is there another use for this car? E.g. small town deliveries? Is there a specific segment that would LOVE the nano? Then maybe Tata would not need to waste its marketing efforts else where!
Personally, February marked a month of amazing retail sales in Mumbai. The malls were full of large signs screaming 50%. I managed to pick up several garmets from phoren brands at bargain prices. Of course I was pleased as punch!
Check it out!
I love his post on why the Nano isn't selling as well as was anticipated. I agree with a couple of points. Namely, for most people in India, owning a car is the ultimate status symbol. A mark that the family has managed to upgrade from a 2 wheeler to a nice 4 wheeler. Why would that family spend on a Nano if a little more saving (or debt!) can bring an Alto? I'm sure Tata will get their marketing formula/positioning right, but the question itself brings up some interesting thoughts: Should some products always be premium priced? Or portray a premium image? Or is there another use for this car? E.g. small town deliveries? Is there a specific segment that would LOVE the nano? Then maybe Tata would not need to waste its marketing efforts else where!
Personally, February marked a month of amazing retail sales in Mumbai. The malls were full of large signs screaming 50%. I managed to pick up several garmets from phoren brands at bargain prices. Of course I was pleased as punch!