Price
game for 3 days…Big Bazaar
and Reliance Fresh/Reliance Mart (Retail - Hyper market players) has released “Squeeze Money” campaign for 3 days
& 2 days respectively and celebrating 26th Jan.’14 Republic day
of India. Since launching of Big Bazaar in India 2001, the aim is been remained
same “Offering lower price with quality & branded items” and Big Bazaar has
already been delivered brand promise, still it is being sustained its brand
campaign through-out the year.
In this competitive scenario, it is
copious difficult to sustain successfully brand image, brand recognition, brand
identity, brand recall and brand equity. Today, consumers/customers are looking
for not only price but also considering quality as well as convenience. And,
Big Bazaar is providing all stuff along with maintain its brand equity &
increasing brand loyalty.
Big
Bazaar Presence: - 90 cities
and 214 appx. Store in India.
Brand
Campaign and Analysis:-
Big Bazaar has released campaign
across India with 360 degree communication strategy in which covered mainly TV,
Print, OOH and digital media. Overall campaign is delivering message that to
get price benefit and squeeze it in 3 days because Indian people are known
value of money. Henceforth campaign is highlighting “Sabse Saste 3 din i.e. (3
days plentiful inexpensive)”.
TVC is shown with different elements
and how the characters (Mother with milk, Grandmother with cold drink, children
with toothpaste) are squeezing everything, at the end of commercial, voiceover
is conveying message “Sabse Saste 3 din i.e.
(3 days plentiful inexpensive)”. Prior in 2010 to 2012, the campaign was releasing
consecutively for 5 days plentiful inexpensive.
These 3 days scheme will also be
applicable on Big Bazaar franchisee across 26 cities of India.
Whereas, rival brand Reliance hypermart has released similar
campaign for 2 days which is covered only print media (Newspaper).
Reliance |
Overall, Consumers are getting benefits in terms of “value
for money” and sales volume as well as ROI is increasing for company. Whenever
any festive/occasion season is happening in India, definitely seeming promotional
strategy in especially FMCG, household, consumer durable and apparels market.
It can be say that Festive season = Promotional Strategy
season (Mainly focusing price & discount strategy).
It must be retain
ratio between “Brand Promise & Brand Delivery”. Strategy will be success
only when “Brand Promise and Brand Delivery” will be sustain.