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Role of in building a
BRAND
Rise of social Media
Shift in power
CustomersProduct
SOCIAL MEDIA can make falling,
short instantly painful.
Kryptonite’s easily picked locks
And Dell’s flammable laptops.
Companies that might SUCCEED in
this environment are exploiting
the OPPROTUNITIES.
Marketers must make lively
exchanges with the customers
Social Media
Early days…..
Market was PRODUCT centred
Marketing Mix
Four Ps
-Product
-Place
-Promotion
-Price
Now a days –
CONSUMER Centred
Modern Marketing Management
-People
-Processes
-Programs
-Performance
Consumer SATISFACTION should
be the main focus.
Research on how BRAND and its
wider PRODUCT CATEGORY fits
into people’s lives.
Example : Samsung (Multinational
Operating in India)
S-category Core category
Marketers get to know about the
Demand of the customers through
SOCIAL MEDIA.
Idea of open
DISCUSSION FORUMS
An EARLY ADAPTER of social networking.
Beinggirl.com : Illuminates
the target consumer’s world.
Indian market has a variety
of SEGMENTS
Geographic Segmentation
Demographic Segmentation
Psychographic Segmentation
Rich Culture
Social media helps in recognising
these SEGMENTS and DEMANDS.
Target
Market Aware Open to
trial
Trier
(non-
rejecters)
Recent
users (in
past 3
months)
Regular
users (at-
least
once in
every 2
weeks)
Most
often
used
Loyal
The Marketing Funnel
What are target
consumers ?
But…..
Indian Conflicts
(because of a large crowd for
an individual segment).
Marketers must learn how to
overcome conflict situation and
criticism faced by the company.
Show PATIENCE at these times.
Show CONFIDENCE in product’s
performance.
Set-up a separate
team for analysis on CONSUMER’S
reports.
Have FAITH
in yourself
1. They offer and communicate a
clear, relevant
CUSTOMER PROMISE.
2.They BUILD TRUST by delivering
on that promise.
3. They drive the market by
CONTINUALLY IMPROVING
the promise.
4. They seek further advantage by
INNOVATINS beyond the familiar.
SCANNING every competitive
brand’s website and pay attention
to the most viewed posts.
Keep the website UP TO DATE
If anything goes WRONG with the
website, inform the customers and
connect with them through social sites
Pay special ATTENTION to
LOYAL CUSTOMERS
Innovative thinking
PARTNERSHIPS with other good
companies.
What if SAMSUNG patch up with a
company that produces best glasses ?
Improvisation on screens of LAPTOP
and ANDROID PHONES.
Brand
Promise
Go viral but don’t harm the
BRAND.
Show the world your
BRAND and VALUES.
These slides were created by
Yovan Sethi,
as part of an internship
done under the guidance of
Prof. Sameer Mathur
(www.IIMInternship.com)
Disclaimer

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Role of social media in Building a brand