godrej interio research - branding
Post on 22-Oct-2014
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DESCRIPTION
Market research project conducted on major metros on the branding impact of Godrej interio. This ppt would give an insight on various concepts of brand management. The research methodology and sample type has been includedTRANSCRIPT
By,Gautham N
Godrej Group • Founded in 1897• Founders : Ardeshir Godrej & Pirojsha Godrej• Revenue(2012-13): USD 3.3 bn• 26000 employees• Godrej group is classified into two groups
– Godrej Industries– Godrej & Boyce Mfg. Co. Ltd.
• International presence – Malaysia– Singapore– Vietnam – Middle east
Godrej Group
Genesis
First Lock with lever technology
First Indian Safe
India's first indigenous typewriter
Manufacturing of Forklift Trucks in India
First company to introduce PUF
( Polyurethane Foam)
Colorful logo and a fresh identity music
GoJiyo a free, browser based 3D virtual world
1897
1902
1955
1961
1989
2008
2010
Shutdown of Typewriter
manufacturing
2011
Godrej Interio• A division of Godrej & Boyce Mfg. Co. Ltd.• 80 years old brand. • Started with manufacturing of cupboard.• Provide home furniture, office furniture, setting up laboratories, hospitals
education and training institutes, shipyards, auditoriums and stadiums. • Presence across India
– 50 exclusive showrooms – 18 cities and through – 800 dealer outlets.
Research methodology• Convenience sampling• Sample size of 45 (M:20 F:25)• Covering age group from 20 to 40+• Sample Geographic location : Chennai, Mumbai, Delhi, Calcutta.
• Questionnaire - 21 questions.- Each face of the prism was considered and were converted to a open
ended question to receive responses.
• Analyzing pattern
- The factor with the highest sum is being assigned to different faces of brand namely personality , Identity
Sample diversification
15
20
10Age group
20-30
30-40
40+
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20 916 11
29
Awareness of Godrej Interio Products
Key Findings• Stylishness as a factor in buying furniture 69%- agreed and strongly
agreed. • Eco friendliness as a factor 42% have disagreed compared to only
29% who have agreed upon it.• The top three responses on the Godrej’s new look
– Eco friendly (88%)– Fresh (84%)– Modern (77%)
• Public’s perception towards GODREJ INTERIO users– Rich – Sophisticated– Stylish– Loves brands
Brand Repositioning
New Customer target to attract
- Young Married couples. - age group of 25-44.- SEC A+, A and B+.
1. Dad’s brand2. Industrial Brand
3. Old man4. boring
Colorful, vibrant , youthful, No more a old man’s brand, Eco
friendly
Godrej would remodel the house of the participants free of cost, evaluating the feasibility of the transformation and creativity.
Brand Personality (Source)
Company level sources
Symbolic Sources
Consumer based sources
94%
Endorser :
Brand User:
Advertising Style
Endorser Personality- Perfectionist- Sincere- Hard working- Socially responsible
Percentage match of Personality between Aamir and Godrej Interio is rated on an average of 79.3 % . With highest being 93% and lowest being 56%
The Ad potrays, “young , independent ,modern & new Couple.
Technologically advanced products and stressing upon environment friendly as well
Godrej Brand Personality
Brand Identity
Brand Identity : youthful , stylish and modern
Product placement : Lakme Fashion Week 2012,
Brand Identity : Eco friendly
Brand Extension
This could be termed as “Category extension”
- Gojiyo launched in 2010.- Acted as a seperate brand by itself - The above AD associates GOJIYO with Godrej Interio
“Related Extension”
Personality - Trend setter , Amicable,Married, Young
Self-Image- Vibrant, Best quality, Youthful
Culture – Tech savy, Modern, Refreshing
Relationship - Rich, Sophisticated, Aspirational, stylish
Reflection- Expensive, Show off, Jus looks expensive
Physique - Reliable, Eco friendly, Style , Luxury, Innovative products
Brand Prism
Brand Iceberg Colourful, godrej & boyce group, Aamir Khan, Brand repositioning, Old company, Cupboard manufacturer, Adi Godrej, Tanya dubash, Conglomerate group
Biggest private land owner in Mumbai, philanthropy, building schools , hospitals for employees, Godrej trust aiding the needy
Mental mapping
youthful
Married couple
colorful
Indian
Tech savy
Over priced
Rich
Metro cities
cupboard
Modern Aamir khan