Marketing review
24 May 2007
Ashok
Leyland creates Altrux brand to sell used vehicles
Hinduja Group flagship Ashok Leyland has created a new
brand Altrux under which it will sell used vehicles.
The company is initially targeting to sell 500 vehicles
under the new brand. Ashik Leyland is the first commercial
vehicle manufacturer to foray into the sale of used
vehicle space, and hopes to corner 15 per cent market
share over the next three years in the business. The
market for used trucks is estimated at 77,000 per annum.
The company will purchase used Ashok Leyland vehicles
from the market and re-condition them. All such vehicles
would come with a six-month warranty.
The
refurbishment of the truck - cab, body and chassis would
be carried out to set Altrux quality standards by qualified
personnel.
Altrux
will be marketed through TVS, Ashok Leyland''s dealer,
which has a network of 15 outlets.
Titan
drops Titan Shades: to sell sunglasses under Fastrack
brand
Titan Industries has dropped the `Titan Shades'' brand
and is consolidating its sunglasses business under the
Fastrack brand. Last year, Titan Industries had test-marketed
the premium segment Titan Shades brand to penetrate
the high end (Rs 2500--Rs 5400 range) sunglasses market
as against the mid priced Fastrack (Rs 695- Rs 2,500).
The Titan Shades range has around 43 styles and was initially test marketed in Bangalore and Chennai and a national rollout was planned for later.
Now the company has decided to drop the `Shades'' name and has integrated it under the Fastrack brand, after a market survey revealed that consumers perceived sunglasses as a "youthful brand." According to the company sunglasses are seen as a youthful accessory by consumers and since Fastrack caters to the youth, it was decided that the Shades brand would be brought under the Fastrack brands.
The company says Titan Shades had "fairly good response", especially from the youth. Fastrack also sells glares in the high-end price range (above Rs2,500), although the "centre of gravity" for this youth fashion brand is its Rs695 price point.
Model
turned actor John Abraham is the brand ambassador of
Fastrack eye gear.
Piaggio
to set up exclusive four-wheeler retail chain
Piaggio
Vehicles is getting ready to launch a sub-one-tonne
four-wheeler through an exclusive dealer network in
the country. The company feels that a separate chain
of dealerships will promote the four-wheeler alongside
its existing chain of three-wheeler outlets (230 dealers
and 230 sales outpoints). It is also felt that the exclusive
chain would specially focus on Piaggio''s different range
of products. Though the owner of a new retail outlet
could be an existing Piaggio three-wheeler dealer, the
new chain of dealerships would have a separate team,
working capital, infrastructure, etc.
The company has asked its existing chain of dealerships
to set up a retail establishment with retail display
space of 2,000 sq ft and 5,000 sq ft for the service
bay.
The
company intends to have more than 100 dealerships when
it has established a countrywide presence for the planned
vehicle.
Eros
brings Bollywood to YouTube
Eros International has launched a Bollywood channel
on YouTube, the video sharing Web site.
Bollywod movie trailers, videos and actors'' interviews and other footage will now be available on YouTube from the company''s library of 1,300 films. The new channel will be featured in YouTube''s `Partner Channels'' section.
"The partnership with YouTube allows us to not only promote our content but also monetise it through advertising revenues said Kishore Lulla, chairman and CEO, in a statement. Eros has been distributing Indian cinema to audiences in the UK, the US, South Africa and West Asia and is pursuing its digital distribution business. It recently concluded a deal with OnCommand Video Corporation, a provider of in-room entertainment technology to hotels and cruise ship industries.
The agreement is to make its films available on a video-on-demand platform to guests of hotel chains across the US.
The company''s music titles are available on iTunes and Real Rhapsody.
Eros
is already selling VCDs and DVDs to high street retailers
like HMV, Virgin and Tesco in the UK.
HLL
drops Sunsilk leave-on lotion
HLL has withdrawn its post-wash leave-on lotion, 9 to
9, positioned in the mass segment of hair care. Instead,
it has decided to re-enter the segment with a series
of variants under the Sunsilk brand. HLL was a late
entrant in the past wash segment a year ago and followed
it up by introducing a plethora of Sunsilk shampoos
for different types of coloured hair, including a post-wash
leave-on lotion in its premium Sunsilk franchise under
the Colour Shine System.
The company said it has withdrawn the 9 to 9 leave-on lotion as it has gone on to the post-colour hair wash segment with the same offering.
Currently, the Sunsilk brand has six variants under names such as Velvety Soft, Thick & Strong, Black Shine and Antidandruff.
A company official said the Sunsilk leave-on lotion will get re-launched later. HLL is now actively re-looking at the post-wash segment in the Rs 2,000-crore hair care category which is small but is growing fast.
HLL
has already created variants under the mass Sunsilk
shampoo brand in the post-wash conditioner segment under
conditioner variants like Thick & Strong, Velvety
Soft and Damage Repair. Earlier, HLL has launched the
Zero Damage System from Dove comprising a host of therapy
solutions for damaged hair and these include products
such as conditioners and leave-on lotions as well.
Andhra
Bank unveils mobile biometric ATMs
Andhra Bank has launched two mobile biometric ATMs here
and will soon expand them to other places. Bank officials
said it is the first bank in the country to launch mobile
biomertic ATMs which would soon be expanded to other
cities such as Visakhapatnam, Tirupati, Kakinada, Kottayam
(Kerala), Madavakkam (Chennai), Tiruttani (Tamil Nadu)
and Karaikudi (Tamil Nadu) during the current fiscal
year. The bank would add 200 biometric ATMs this fiscal,
taking its ATMs strength to 750.
The
mobile ATMs would move within Hyderabad and Secunderabad
on a particular route map with pre-announced timings
from 6 am to 6 pm and would cover un-banked and under-banked
areas. They would identify customers based on their
finger prints. However, the use of personal identification
number is also accepted by the machines. For biometric
access, customers have to register their fingerprints
with the branch in which they maintain accounts.
Vodafone
launches budget handsets
Vodafone has launched its first branded entry-level
handsets in the Indian market. Priced between $25 and
$45 the Vodafone 125 and Vodafone 225 are part of Vodafone''s
ongoing commitment to expand access to mobile in emerging
markets, where mobile technology and networks are often
the only viable and cost effective telecom service the
company said.
The handsets are therefore key to offering a range of services, particularly in rural areas where mobile penetration is often at its lowest," said a press release from the company.
Vodafone said that in markets such as India or Tanzania, the cost of purchasing a mobile handset could be one of the key barriers to accessing mobile services.
The Vodafone 125 and Vodafone 225 handsets are intended to help drive mobile penetration and will provide access to services for people in emerging markets that are already commonplace in Western Europe.
The
handsets are manufactured by Chinese handset manufacturer
ZTE Corporation and are almost identical in functionality
the only difference being that the Vodafone 225 has
a colour screen. Features, design and functionality
were specified by Vodafone.
Toyota
launches ''Limited Edition Corolla''
Toyota has launched 2007 special limited edition Corolla,
a limited edition variant of the premium sedan incorporated
with some cosmetic changes and exclusive new design
features to the interiors and exteriors of the car.
The distinguishing feature of the launch is the company''s
plan to focus on using new-age marketing devices to
sell the limited 300 numbers of the new variant.
According to Toyota Kirloskar Motor, the new special limited edition will be targeted at the younger segment of customers, who are climbing the social ladder in life.
Some of the new features in this limited edition variant include front and rear bumper spoilers that enhance the aggressive appearance of the car and give it sportier looks; side skirts, which also add to the Corolla''s aesthetic appeal; and the two dynamic colours New Warm Silver and Champagne Mica Metallic.
The other new features that have been changed or added include a front grille, six-spoke alloy wheels and a Limited Edition logo. For further exclusivity, two-tone fabric seats and a wood finish rare cup holder have been added. Standard features such as the 1.8-litre VVT-i engine, SRS air bags for driver and passenger, ABS, front fog lamps, keyless entry with alarm, six-CD player with MP3, six speakers, height adjustment of the driver''s seat, 60-40 split foldable rear seat, power steering and lumbar support in addition to automatic air conditioner add to the appeal of the car.
Fortis
pharmacy takes franchisee route for expansion
Fortis Healthworld, the pharmacy chain of Fortis Healthcare,
has appointed franchisees to expand operations. In the
first phase, the company plans to have 150 franchisee
outlets in North India alone by year end. The franchisee
outlets will be in addition to the company''s plans to
roll out 1,000 Healthworld outlets by 2012 with an investment
of Rs 800 crore.
Fortis Healthworld, which recently opened its 10th store in Delhi, plans to have 250 Healthworld outlets by the end of the year. The franchisee outlets can leverage on Fortis Healthworld brand name and take advantage of setting up appointments for OPD from far flung areas and healthcare expertise from Fortis. In return, Fortis Healthworld will charge a small brand fee from the franchisee outlets for using its name.
The franchisee outlets will have a similar look and feel as Healthworld outlets anywhere in the country. They will have a space area of about 500 sq ft and would require an investment of Rs 50 lakh for each outlet. They will also provide all value added services like diagnostic facilities, free home delivery services, healthcare products, prescription reminders among others."
Adidas
to set up 100 stores every year
German firm Adidas is undertaking a major retail expansion
that will entail adding over 100 stores every year.
The company feels it is well positioned for growth in the Indian market driven by the performance of the sports brand and has set a target of being the number one brand in India by 2010.
Currently Adidas ranks second after Reebok in the Indian sports goods segment, followed by Nike.
Adidas'' focus would be on opening more stand alone outlets, which have been driving the growth for last 3-4 years. The company would add over 100 outlets every year.
Adidas
has only 70 stand alone stores in India in 2005, which
grew to 165 last year, although it''s overall retail
points, including multi-brand outlets in India are close
to 2000.