Brand | Coal India – The Torchbearer Of India’s Coal Ambitions
Coal India is the largest coal-producing company in the world, based on the company’s raw coal production of 606 million tons in 2019. As of March 31, 2010, the company operated 471 mines in 21 major coalfields across eight states in India, including 163 open cast mines, 273 underground mines, and 35 mixed mines, which […]
Marketing Concept | Social Listening
Social Listening helps companies to efficiently track what’s being said on Social Media in real-time and track social media mentions across platforms. This helps the company identify what people are talking about their products, competitors and their experience with it. For example, You open a bakery shop in the neighbourhood and you sell different sort […]
Featured Startup | Zenoti – India’s new Unicorn
Zenoti was founded in 2010, and it is headquartered in Bellevue, Washington. It provides an all-in-one, cloud-based software solution for the spa, salon and med spa industry. It is a SaaS ( Software as a Service) firm that has recently raised $160million in series D funding to enter into Unicorn club. Zenoti started its […]
Brand | Ratnadeep Retail – The Growing Retail Juggernaut With 100 Stores
India’s food & grocery market doubled from $300 billion in 2013 to $600 billion in 2019. In this period, growth was driven by traditional retailers – popular local corner shops that offer an assortment of products. In the lead up to 2024, researchers from RedSeer Consulting and BigBasket Brand Intelligence expect another ~$200 billion jump […]
Brand | Louis Vuitton- Success Factors Of The Top Luxury Brand
Louis Vuitton Malletier, commonly referred to as Louis Vuitton, is a French fashion house founded in 1854 by the famous designer, Louis Vuitton. The founder’s initials are on most of the brand’s products from clothing, footwear, watches, leather goods, jewelry, accessories, and sunglasses. Louis Vuitton is one of the world’s largest fashion houses, selling its […]
Marketing Concept | Shewhart Cycle (PDCA Cycle)
Management consultant, Dr. William Edwards Deming developed a method known as PDCA cycle/Shewhart Cycle in the 1950s to identify why some products or processes do not function as expected. His strategy, used by many different types of organizations, has since become a popular strategy tool. It makes it possible for them to formulate theories about […]
Brand | Costco – The Retail Champ With A Cult Following
Founded in 1976, Costco Wholesale Corporation operates as a wholesale retail club with a distinctive annual membership model which sets it apart from other traditional retailers such as JC Penney and Target. Deriving its revenues from annual membership fees, Costco has been able to compete aggressively on price and has become known for providing a […]
Brand | ONGC – The Crown Jewel Of India’s Energy Success Story
The state-owned company Oil and Natural Gas Corporation Limited (ONGC) is India’s largest company devoted to exploration and production (E&P) and refining activities. Founded in 1956, ONGC has seen remarkable growth in the last six decades. In 2020, ONGC group’s total production of oil and oil – equivalent gas (o+oeg) is about 2.8 million barrels […]
Brand | BSNL – The Crumbling Of ‘Once’ Mighty Teleco
BSNL was incorporated on October 1, 2000, by vesting with it the mandate of providing telecom services and network management hitherto done by the Department of Telecom (DOT), Government of India. This was done in a context where the telecom sector had been opened to the private sector beginning in 1994. While initially the sector […]
Brand | LIC – Successful Strategies Of Insurance Giant
The insurance business was carried on by 154 Indian, 16 non-Indian insurance companies, and 75 provident societies, in 1956. During those days, insurance service was not extended to rural areas but was confined only to cities and better-off segments of the society. The parliament passed the Life Insurance Act of 1956, nationalized the insurance business […]
Marketing Concept | The Pac-Man Defense
In several business practices, when a company wants to acquire another one, the company will reach out to the higher authorities of the target company and make a bid. The target company can decline or accept the bid. Now if the bid is rejected, the buyer company may just look to walk away. Now, sometimes […]
Marketing Concept | 4A of Marketing
While designing the marketing approach for different products and services, marketers need to analyse how consumers are going to see the products and services. In other words, marketers need to understand what matters most to consumers: Acceptability, Affordability, Accessibility and Awareness. Together these are called 4A of marketing. It also means that marketers must understand […]
Brand | IKEA – More Than Just Selling Furniture, It’s An Experience
IKEA was founded in 1943 by a 17-year-old Swedish boy named Ingvar Kamprad. Initially, he was selling Christmas greeting cards, seeds, and pens from Kamprad’s family farm. From his childhood, he had entrepreneurial instincts. As he identified people’s needs, he attempted to satisfy them by selling low price products which ultimately gave growth to Kamprad […]
Case Study | General Mills Flour Recall 2016
General Mills, Inc., is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. It is often referred to as Big G. It has headquarters in Golden Valley, Minnesota. It sells many of the popular brands like Gold Medal flour, Annie’s Homegrown, Betty Crocker, Yoplait, Colombo, Totino’s, Pillsbury, Old El Paso, […]
Marketing Concept | Crisis Marketing Management
Crisis Management or Reputation Management is a practice to regain and reshape public opinion about the company and organisation. Many organisations like Toyota, Domino’s and many others have faced a brand crisis at some point or other, As a marketing manager, one should be prepared to tackle such a crisis. Many financial institutions like Bank […]
Brand | Etihad Airways – The Making Of Youngest 5-Star Airlines
Etihad was established in 2003, and since that time it has become one of the fastest-growing major international airline companies, thanks in large part to the financial backing of its home government. As per the company’s website (www.etihad.com), in February 2020, the current passenger fleet consists of 96 aircraft (Airbus A320- Family, Airbus A380, Boeing […]
Brand | Vodafone India – The Journey From Hutch To Vodafone To Vi
Vodafone Group Plc (Vodafone), founded on 17 July 1984, is a telecommunications company. The organization works in two regional regions: Europe and Africa, the Middle East, and Asia-Pacific (AMAP). Its segments are Europe and AMAP. Its segment in Europe comprises regional areas such as Germany, Italy, the United Kingdom, Spain, and the rest of Europe. […]
Brand | Cognizant – The Successful Run Of IT Giant
Cognizant is an American international IT service provider providing electronic, technical, consulting, and administrative services. It is part of the NASDAQ-100 and CTSH exchanges. Its headquarters were set up in 1994 in Teaneck, United States of America (USA). As the internal Engineering unit of Dun & Bradstreet, it represented external customers in 1996. The initial […]
Case Study | How Parle Agro’s Bailley Broke The Monopoly Of Bisleri
In 1993, Prakash Chauhan’s Parle Agro decided to enter the mineral water market with its brand, Bailley. But there were two clear challenges that Bailley faced. For one, the concept of bottled mineral water was not very well known, with its usages restricted to foreign tourists and jet-setting Indians. On the other, brother Ramesh Chauhan’s […]
Marketing Concept | PESTEL Analysis
Environmental Analysis Environmental factors are those factors outside the control of the firm. This is often analyzed with the help of the PESTEL framework/model. This model analyses the environmental factors that are not in control of the firm but have an impact on the firm. Thus, PESTEL analysis is used to analyse all external factors. […]