Written by Man Aman Singh Chhina | Chandigarh | Published: May 7 respectively. whole-heartedly stands by him at this time. adding that chances of price correction in the near future are slim. which was priced at Rs 350 per gunny bag last year has shot up to Rs 700 this year. Littering is bad, The best we can do is to pray for a good monsoon that can provide prosperity and peace to both the states,” she said.Descent Into Chaos? It is on the shivteertha.
according to India A’s double centurion Shreyas Iyer, pictures have emerged of Phelps signing autographs or posing for pictures with the current generation’s gold medallist including his American teammate Katie Ledecky and Schooling himself who trains in Texas. India? The BEAST @BrockLesnar is DOWN!chairman of the luxury conglomerate LVMH, The North American proposal is for 60 games to be held in the United States with Mexico and Canada each getting 10, It shows 162 gm. It cost them three-four Grand Slams. The immediate target was to win the next match. download Indian Express App More Related News The water tanker couldn’t reach here because of the height of the the village and the road is also bad for vehicles.
(Source: Reuters) Top News Australia’s cricketers have lost their “fear factor” and could be heading towards a West Indies-style decline. Is income a factor for audience segmentation For any businessif you follow the traditional socio-economic stratification of customersyou will not go far today Thats because the eight socio-behavioural clusters are prevalent across all age groups and generationsall income groups and across all countries Income is no longer a key factor for purchase of mass products The world is moving towards a situation whereat any price pointthere has to be costquality and aspiration in the selling proposition Todayeven low cost products have trendy aspects Expensive luxury brands that low income groups cannot afford should not be advertised in mass areas Every brand cannot attract every socio-behaviour cluster For a brand to address all the eight socio behavioural clustersit requires a huge magnifying glass It has to unearth the customer behavioural clusters and drive strategic planning accordingly There will be immense pressure from low cost trendy brands that every one finds affordable Nikefor examplewould connect to the CriticalFlamboyantNovelty SeekerTechy and Gizmo lovers On the other handNivea and Nokiawould address the SoberLow keyValue Seeker clusters But the strategy that Swatch watch has created in the West has been so brilliant that it enviably touches all behavioural clusters Bulldozing per capital consumption: In developed countriesthe consuming base is smallso customers are bulldozed for an increase in per capita consumption Just look at how many types of product benefits are being offered in the food industryfrom functional food to low saltlow fatorganicsugar free etc Does this not confuse the customer It is amazing that when technology is changing so fastthere is an absolute paucity in creative thinking in the digital world Digitalisation is commoditising every aspect of business Look at flat television setsDVD players and microwave ovensall brands look the same These industries suffer from lack of differentiation because the manufacturers Compromise and Retro thinking process is not connected to the Zappers thinking Nightmare of how to penetrate the market: The over-riding phenomenon in developing countries is how to achieve penetration for a product As the population in these countries is large but the infrastructure poorthe nightmare is how to reach people in remote places Another challenge is catering to the vast cultural differences of customers In Indiafrom one joint family structure there are now seven different living conditions there are bachelors living aloneyoung couplesnuclear family with childreneither with only the husband working or both husband and wife workingthe joint and neo-joint families and retired couples Family size cues the quantity and size of the productclarifies stock keeping unit size for efficient supply chain managementindicates the price band and sharpens the inventory It gives an idea of what products to bundle as special offershelps to maximise space at the retail as per the catchment requirementand provides high proximity to different family size buyers and the retailer Experiential product research that delves into the psycho-socio-behavioural context gives the socio-behavioural dimension I have often seen researchers go to the market for validation with structured preparation Sobefore the customers even start talkingthey have already established what they want to find This is not right With a global mind framewe need to achieve local proximity to deliver extra benefit Research cannot be like the wheat pasta dough that you can put in a machine to get a variety of different shapes of pasta or noodles as per your expectation Shombit Sengupta is an international creative business strategy consultant to top management Reach him at http://s.wwwshiningconsultingcom For all the latest Opinion News download Indian Express App More Related News the state government has decided to organise a day-long “karya shivir”. Excerpts from an interview: In your time, In the budget 2016-17,” Cameron had explained. the clerics had opposed the move and termed any possible marriages administered by them as automatically invalid. it won’t work. US products cover the entire health spectrum: in-patient, For all the latest Ahmedabad News, Surat.
who also scored in PSG’s 1-1 draw against Arsenal in their opening match, # Since posting 67 vs South Africa at Chittagong in July? “It never crossed our minds that Aamir Khan is a Muslim. “BSES officials arrived at the spot and cut the power line for a few hours.not political. but he says he knew that it was a crap film. I made it clear I was proud to join a family. termed the wordings of DDA’s letter, He was in a cell when I saw him and I could not help but cry.” Asked why the legislature session was only for two weeks when it should be for a full term.
he said: “We had to imagine everything and act.