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By Nayanima Basu
Book: "Brand Management 101 - 101 Lessons
From Real-World Marketing"; Author:
Mainak Dhar; Publisher: John Wiley &
Sons; Price: Rs.249
Marketing or promoting a specific brand
or a product is not rocket science, but
yes, it is definitely about understanding
your instincts with the effective implementation
of "inexact science", says Mainak
Dhar -- currently a marketing director with
Procter & Gamble (South East Asia).
With a careful entwining of the events
that Dhar himself has faced, he asks budding
marketing professionals to look at things
from a perspective which is not difficult
to apprehend but not easy to realise.
For example, he urges marketers to evaluate
the impact that has been created on consumers'
minds by asking the question - can people
recollect my brand easily after being exposed
to it?
Dhar has also very effectively highlighted
a common mistake that advertisers or marketers
fall prey to -- of getting too overwhelmed
by celebrities and start selling them rather
than the brand itself, which he very aptly
termed "celebrity hijacking".
The book emphasises the most invaluable
feature that any segment of business faces
today - competition. While Dhar strongly
advocates the common practice of creating
the ever-famous SWOT (strength, weakness,
opportunity and threat) chart, he also insists
on focusing on what the competitor would
never do.
Even at the cost of sounding rhetorical,
Dhar insists on the importance of packaging
and how it can turn on or turn off a consumer
from the brand. Packaging of a product should
be such that it would not only look different
from similar products but one that would
urge the consumer to stop and take another
look.
Dhar, a graduate from Indian Institute
of Management (Ahmedabad) and now based
in Singapore, offers splendid reading pleasure
by blending these tips with his practical
experiences and highlighting his strengths
as well as weaknesses that he learnt about.
-IANS
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