IIPM Admission 2010

Showing posts with label IIPM Admission. Show all posts
Showing posts with label IIPM Admission. Show all posts

Wednesday, February 10, 2010

Brand Image & Perception

Hero Honda loves riding on a rough terrain and value pricing and coming out as winner

Interestingly, while Airtel & Tata have maintained their positions in this category, it is Hero Honda, which has climbed up the stairs to sit prettily at No.3 in terms of Brand Image & Perception. Hero Honda, gained the maximum thanks to its rural foray, which gave it immense mileage. On the contrary, despite its vast expansion in the hinterlands, Maruti slipped down the ladder because of intense competition and long waiting periods.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).


For More IIPM Info, Visit below mentioned IIPM articles.
Follow Arindam Chaudhuri on Twitter
IIPM B School on Twitter
1 lakh copies sold in less than 10 days of Arindam Chaudhuri’s “Discover The Diamond In you”
IIPM 3-year full-time Integrated (MBA BBA) Programme
IIPM 2-year full time Programme (leading to the award of the MBA degree from IMI)
B-schools expect higher rate of campus placements this year
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
IIPM Best B School – EVENTS
IIPM conceptualized the grand final of Dare ‘10 — the most prestigious of international B-school student quizzes

Monday, January 18, 2010

Out of the Mandir; Into your Living Rooms

Meet NRI, Dr. Ravi Krishnamurthy, a Program Manager in Nanotechnology Victoria Ltd., of Australia. Dr Ravi recently donated a cottage in memory of his (late) father at Tirupati. But because his hectic schedule really did not allow for a trip to India at the time, he simply used the more convenient e-Donation option on Tirumala Tirupati Devasthanam’s (TTD) website. “The e-Donation option makes the distance from Tirumala for people like us irrelevant,” he told 4Ps B&M.

Varaprasad Pakanati, Associate Manager, GMR group, Bangalore is another happy customer… oops devotee of the e-Seva facility provided by TTD! While his family pays regular visit to Tirumala, Pakanati himself could not take out time for the pilgrimage. “Being in the team of higher echelons at office, my schedules are hectic and time-management during the visits to Tirumala used to become difficult,” he told 4Ps B&M. But that was before e-Sewa came to his rescue. The web based interface allows pilgrims (like Pakanati) to book for various services, minimum three days and maximum 90 days in advance. “That has greatly reduced my toil,” says a visibly happier Pakanati.

In as much, the digital age seems to have given a new lease of life to these iconic temples of religion. D. K. Adikesavulu Naidu, Chairman, TTD told 4Ps B&M, “Devotees can even book the e-Seva and e-Accommodation at Tirumala through the Internet.” To ensure security, the veracity of the identity cards, scanned and submitted via the Internet, are physically verified at the security office at the time of the personal visit.

Seeing the potential and growing number of NRIs and RIs eager to make digital connect with their gods, a rash of fly-by-night operators have rushed in to gate-crash this ‘divine’ party. Talking about online pujas offered by private sites, TTD’s new Executive Officer, I. Y. R. Krishna Rao laments, “Yes! Some private organisations are collecting fees for the on-line puja at Tirupati. It is ridiculous as there’s no way that they are eligible to do so.”

Not that Lord Vekateshwara of Tirupati needed the support of his virtual devotees to retain the honour of the world’s richest god. The lion’s share of the income of the TTD is derived from the sacred ‘Hundi’ – the place where the visiting devotees deposit their offerings in fulfilment of their vows. The bulk of the TTD’s income, Rs.3.43 billion in 2003-04, Rs.3.49 billion in 2004-05, Rs.3.82 billion in 2005-06, Rs.4.81 billion in 2006-07, Rs.6.08 billion in 2007- 08 has now soared to a whopping Rs.8 billion per annum and is derived from these offerings. The collection from the temple hundi at present is not less than Rs.1 crore a day. In fact, it is not uncommon to find huge individual offerings ranging from Rs.50 lakh to Rs.1 crore dropped into the hundi, with rich devotees making spectacular offerings to the Lord. On a single day (May 30, 2009) for instance, the temple’s ‘hundi’ received a record Rs.2 crore worth of donations in cash and jewellery!

And while TTD’s financials are not public and there’s hardly any information about how these funds are used, with that much quick money in their coffers, small surprise that there is a visible enhancement, both in terms of facilities for the devotees as well as TTD’s marketing budgets. There’s in fact even a flourishing audio and video cassettes, compact discs and publications business that is booming alongside, including a religious monthly magazine, Sapthagiri, which is being sold across the country in five languages viz. Telugu, Tamil, Kannada, Hindi and English.

The Siddhivinayak temple in Mumbai – that receives around Rs.45 crore as donation annually – is another big revenue earner. Talking to 4Ps B&M, Subhash Mayekar, President of the Sree Siddhivinayak Trust says, “About 40% of our total donation is used for poor people and development.” The temple premises, set in the heart of India’s financial capital, plays host to around 25,000 visitors everyday, while thousands visit the temple via virtual channel. Marketing is now acquiring bigger proportions in the temples annual budget. “We are building waiting halls – five storey buildings equipped with a library – which can accommodate 5,000 devotees,” adds Mayekar. Having roped in TATA SKY as their marketing partner, the temple has recently also ventured into mobile marketing as another way to attract customers (read: devotees) into its arms. The temple has even gone ahead to release a movie based on the deity titled Vighnaharta Shree Siddhivinayak. Marketed by Vistaas Media and Eros International, the producers have been able to rope in Master Blaster Sachin Tendulkar, Divya Dutta and Parmeet Sethi for the movie.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
Follow Arindam Chaudhuri on Twitter
1 lakh copies sold in less than 10 days of Arindam Chaudhuri’s “Discover The Diamond In you”
IIPM fights meltdown, places 2300 students By Education Mail Bureau
Delhi/ NCR B- Schools get better By Swati Sharma
Events at IIPM
Detail of all IIPM branches
IIPM set to beat economic slowdown
IIPM - Admission Procedure
IIPM, GURGAON


Tuesday, July 28, 2009

Akai (flat-screen)


Shahrukh khan is coming to IIPM - IIPM 4Ps Quiz

Brand: Akai (flat-screen)
Agency: McCann
What Nano is to the auto market today; Akai was to the CTV market in late 90s. It changed the landscape with its low-price CTVs. Akai’s Deserves to be seen campaign hit bull’s eye...

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM
IIPM Best B-school
IIPM only B-school in India to be Ranked Ahead of The IIMs in so Many Parameters! Regularly!
30 professors of international repute to IIPM
IIPM Global B-school
IIPM Alumni Officially on Facebook
IIPM Respected Business School

Tuesday, June 30, 2009

Banks charge for every service they provide under the ‘free-service’ banner leaving the onus on customers to keep themselves informed says Gyanendra K


IIPM 4Ps Quiz

Read your bank statement carefully (incase you haven’t for the last couple of months–thanks to the chaos in the financial market), and you could find yourself worthy of few surprises. And all of a sudden you will realise that the big statements such as, “Highly competitive interest rates with flexible tenors and no hidden costs...” popping on the silver screen everyday have very easily deceived you.

For a decade now the banks have been free to levy their own charges and this has thrown up a host of hidden costs which many of us are not aware of till date. If you discuss with Mr. Raghavan, (a well-paid marketing manager who never laid an eye on his bank statements earlier) you would get to know your own folly in case you happen to be one who does not believe in regular updates. “Air-conditioned expanse, well lit ambience, blurring dubious and highly questionable work practices designed to hoodwink trusting customers and unsuspecting loan seekers,” that’s how he, in his sanity, describes banks today. Well, you may not necessarily agree with his views, but nevertheless his views are not entirely unfounded.

If you have not been aware of the various charges – which could range between Rs.25 to Rs.1,000 – levied by banks, then in all probability your dear banker (entrusted with your trust and banking on trust of millions of customers like you) must have burnt a hole in your pocket by now. Things can’t get worse especially in times of financial uncertainty, downsizing, cost-cutting and when you want to cut on those extravaganzas. Picture this: Axis Bank increased the charges for not maintaining minimum balances to Rs.500 from Rs.200 without informing its customers in a proper manner. Anil Paul, former professor of Economics, Darjeeling Government College (who maintains multiple accounts), alleges that the bank (Axis Bank) without any prior information increased the levy on non-maintenance of minimum balance. So, his valuable piece of advice to all multiple account holders is, maintain the minimum balance at any cost and earn 3.5% yearly interest on the same, rather than paying the penalty along with added transaction charges (as levied in some cases) for non-maintenance of minimum balance.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
Shahrukh khan to Host IIPM 4Ps Annual Business and Marketing Quiz
2300 IIPM students get jobs
The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School
Detail of all IIPM branches
1500-plus IIPM students placed across the country with 44 bagging international offers

IIPM Admission Detail
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON


Thursday, June 04, 2009

Why Coke Prefers Knight Riders Over Hrithik Roshan?

And it’s not just Coke! Arch rival Pepsi, which has recently dropped Shahrukh Khan as its brand ambassador, has signed a deal with Chennai Super Kings (CSK) to launch co-branded cans to cash in on the IPL frenzy. GlaxoSmithKline India’s (GSK) Boost was just a brand partner of Rajasthan Royals’ (RR – the winner of IPL’s inaugural season) in the last season of IPL, but now it has entered a licensing deal with CSK to develop a special co-branded drink with the formula developed by John Gloster, the physiotherapist of RR. Again, if you glance back at Boost’s advertising over the last few months, it is easy to notice how Sachin Tendulkar and Virender Sehwag (who were endorsing the brand earlier) have been missing from action. Though, Sehwag is still associated with the brand, the company is now focusing more on RR to gain popularity among the Indian masses.

And why not? From a health drink brand’s perspective it makes more sense to associate the brand with the winner of IPL’s inaugural season, rather than just spending money on big ticket celebs, pitching for sales. Through such a licensing agreement Boost’s branding becomes associated with a pack of fit men on a winning streak. And being the winner of the last season, RR surely has a competitive edge over other teams when it comes to attracting more companies to associate with it. RR is cashing in on this opportunity in a smart way. In fact, the team plans to come up with a music video featuring Shilpa Shetty and the brands in RR’s pavilion will be embedded as a part of the video. The company’s officials, however, chose not to comment at this point.

This trend is equally popular with marketers, irrespective of the segment in which their brand is present. Sony Ericsson has tied up with DD as its official mobile partner. The handset manufacturer will be launching special co-branded handsets for this reason. Even garment major Peter England is not far behind as it will be launching a new collection of formal and semi-formal clothes under the CSKP range (CSK-Peter England range). Wrigley, the chewing gum brand, has tied up with CSK and DD to develop co-branded chewing gums. Well, apart from performance, it is important to note here that the players in the team also matter for the brands associating with them. A classic example is Indian captain M. S. Dhoni, who’s helping CSK in getting lots of associations.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
Detail of all IIPM branches
1500-plus IIPM students placed across the country with 44 bagging international offers

IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION


Monday, May 25, 2009

Focus on your competition


Detail of all IIPM branches

Relegated to an after-ran amidst the Hero Honda’s and Bajaj’s of the Indian market, Yamaha was hell-bent on completing its India comeback before its rivals had a chance to recover from the slowdown effect. In between cat calls of a global recession in July last year, the Japanese auto major launched its YZF-R15 in the Indian market; then when the US investment banking giant Lehman was breathing its last in September, Yamaha bravely launched its FZ-16 performance bike in India. And last week when the Indian Yamaha announced that it was in talks with vendors to provide spare parts for its cult bikes like RX100 and RD350, wowing old Yamaha loyalists in the process. The bid is to “win back the confidence of Yamaha customers,” says Yukimine Tsuji, Managing Director & CEO, Yamaha India.


Now consider if Yamaha had made its comeback with 100cc bikes (remember the RX100 that was once legendary in India?). Would the bike-maker have flourished? Possibly not, considering that the segment is now dominated by the world’s largest two-wheeler maker Hero Honda, which itself had been pretty aggressive all across 2008 in its marketing endeavours. Stunning market watchers, when the auto industry was just going on its slowdown hiatus, Hero Honda even came up with a 3-minute television spot, with the who’s who of celeb endorsers. Wisely therefore, Yamaha decided to focus on the weak link in the bike market – Bajaj – and decided to upset their premium segment apple cart instead. Guess marketers at Yamaha just thought differently and needless to say smartly...

The results are already showing. Between April–December 2008, Yamaha had won some of its own back in the premium bikes segment, registering a staggering 220% growth in the category, while rival Bechara Bajaj took a heavy beating. Not one to rest on past laurels on its blazing comeback trail, Yamaha is now busy expanding its dealer network, with plans to invest a cool Rs.240 crore in 2010-11 to develop India-specific models. And the focus on Indian market is clearly visible as Tsuiji states, “India is the first priority market for Yamaha Corporation...” Even Hero Honda’s marketing overtures in 2008 are paying off. To beat sluggish demand, it even launched three refurbished variants of Glamour, Glamour FI and CD Deluxe in December last year, notching up standalone net profit of Rs.300.42 crore versus Rs.275.01 crore on y-o-y basis. Hero Honda too is winning the heated war against the painful slowdown effect in the economy.

Bajaj too is reacting now, though a little too less and a little too late… Honcho Rajiv Bajaj is now promising to launch six two-wheeler models within the next nine months. In an interview with 4Ps B&M, S. Sridhar, CEO, two-wheelers, Bajaj Auto, blamed Bajaj’s aggressive strategy for the falling sales graph (huh!) and elaborated further on their plan. “Three of the six bikes will be in the value segment, one will be the Ninja 250cc and another will be a 750cc bike. This will ensure that by the time recession ends, we will be in a very strong position,” he promises.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON



Saturday, May 09, 2009

“Pursue your goals even in the face of difficulties, and convert adversities into opportunities.”

Dhirubhai Hirachand Ambani

Go to the home page of Reliance ADAG Group and these words of wisdom hit you gently. There is little doubt that the younger son of the legendary Dhirubhai Ambani must be mulling over these words of wisdom. Well and truly, after he split with elder brother Mukesh Ambani in 2005 and launched his own BIG dreams, Anil Ambani is finding the going tough. Almost all his BIG dreams in telecom, energy, entertainment, infrastructure and healthcare need huge investments. And the money is needed at a time when lenders and investors are holding on to money like a virgin holds on to her chastity. Sure, the man and his group will never be in serious trouble the way many other Indian entrepreneurs are. He sure has the chutzpah to overcome such hurdles. But there is no doubt that the year 2008 – that started so spectacularly well for him – has wounded him quite deeply. Says T. Jagganathan, Equity Head at SMC Capitals, “The year 2008 was a completely forgettable year for Anil Ambani. As far as 2009 is concerned, there are no hopes whatsoever from the economy point of view as well as the capital markets point of view. The performance of Reliance group is closely benchmarked against their capital market performance.”

That has an uncomfortable ring of truth. For instance, there has been an almost 75% decline in the personal net worth of Anil Ambani to just about $30 billion (just see the use of words ‘just’ to describe $30 billion – that’s how one benchmarks the Ambanis!). In early 2008, the price of a Reliance Communications share was about Rs.800 while that of rival Bharti was about Rs.1,000. The gap was a mere Rs.200 a share and Anil Ambani was closing in. Then the script changes. By December 2008, the Reliance scrip has crashed to about Rs.200 while that of Bharti has tumbled to Rs.600. The gap has now widened to Rs.400; something that must be hurting the younger Ambani who is fiercely competitive and numbers driven. What must be hurting even more is the yawning gap between the number of subscribers corralled by Reliance and Bharti (Airtel). In January 2008, RCOM had about 37 million mobile subscribers while Bharti had about 52 million. By December 2008, the RCOM numbers had shot up to about 52 million while Bharti’s numbers had zoomed to about 85 million.

But it is the Reliance Power fiasco that has caused the maximum damage to the group. In early 2008, the RPower IPO to raise Rs.11,500 odd crores was hailed as the most successful IPO in Indian stock markets. Investors were delighted at the prospect of such manna from heaven. But the euphoria was short lived and the Great Expectations ended up in greater disappointment. The scrip listed on the stock exchange at Rs.547 in February, 2008. On January 15, 2009, the scrip was available for about Rs.98. Sure, you can say that the markets have tanked and shares of all business houses and entrepreneurs have suffered. But the fact of the matter is that RPower shares crashed by more than 74%, while that of rival Tata Power tumbled by a much smaller 54%. This hurts! Says Jagganathan of SMC capital, “Unfortunately, many people not very familiar with the markets still associate the crash of 2008 to the Reliance Power IPO itself!”

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION

Saturday, April 11, 2009

Exclusively designed ballrooms, well-lit bedrooms, imported chandeliers, supremely planned restaurants...


IIPM set to beat economic slowdown

Exclusively designed ballrooms, well-lit bedrooms, imported chandeliers, supremely planned restaurants... the five-star lot in India is still finding buyers. And though times are not easy, why is it that all, except the bar-tender, smile? Does he hide a secret? Neha Saraiya narrates a tale of success (and the secretive oncoming storm)...

Yes, you read the heading right – really ‘cold’ times, and that’s exactly what is ripping the comfort jackets off the global tourism and hospitality industry... Cut to India, for the common street walker, events that unfolded of late (the terrorist attacks in five-star mansions... and blah... blah...) too make him wonder whether we really are that economy that is growing much better as compared to global counterparts. Imagine – a 6-7% projected growth rate for the next year, and at a time when even George Bush (or was it Obama?) admits to incessant headaches and blurred vision (thanks to the recessionary migrane)! And of all the macroeconomic excuses that we can boast about, here is a look at how (and why) those well-dressed ladies are still smiling their way into the ballroom of the 5-star hamlet, just a few miles away from where you presently stand!

Yes, at a time when all we can talk about the global hospitality industry is ‘gloom’, India continues to ‘shine’. In a close-finish race, the Indian hospitality industry nearly outdid even the diversified GDP growth, and closed the calendar year 2008, having grown y-o-y by 6%, with 5.37 million foreign tourist arrivals (and forex earnings of Rs.50,700 crore) being recorded! But at a time when every inch of the economy can feel the heat of the slowdown, the hotel industry is also rowing on lukewarm waters, both on the consumer and supplier end. Undoubtedly the ongoing economic crisis has dampened discretionary spending on both the corporate & personal levels, thus eroding pricing power of hotels and reduce demands for rooms, restaurants and banquets halls. Secondly, the prevalent dearth of easy debt is making new development and upgradation plans difficult to materialise for hoteliers (their working capital woes to meet just operating expenses, being a long tale for another day). Keshav Baljee, VP-Corporate Affairs, Royal Orchid Hotels Ltd, sums up demand and cost worries of the industry as, “The major cost has been that of lost business during the peak season. However, there are some ‘one-time’ costs associated with purchase of additional security equipment and some recurring costs with respect to that of additional staffing and screening. And the insurance costs are likely to rise as well!”

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
Why Study Abroad When IIPM Gives You 3 global Advantages!

Thursday, March 26, 2009

We can buy pizzas too!


1500-plus IIPM students placed across the country with 44 bagging international offers

McDonald’s had become India’s darling because of its value for money pricing; Domino’s encashed on this and launched its budget pizzas at Rs.35 only. The bid was to attract economy consumers and also kids, making pizzas within reach of their pockets. For the first time, Domino’s shed its ‘Hungry kya?’ tagline and launched an ad that played on compassion rather than humour. The tagline – ‘Khushiyon ki Home Delivery’; the aim – to expand their customer base in one go. Now that’s what we call a smart marketing move.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
Why Study Abroad When IIPM Gives You 3 global Advantages!


Wednesday, March 18, 2009

It’s high time to revisit retail, says 4Ps B&M’s Savreen Gadhoke…


IIPM Admission Detail

In fact, retailers have now realised that having too many stores was perhaps not the right strategy to increase sales, as now handling rising operating expenses is beginning to get difficult for retailers. Moreover, rising manpower costs and sky-rocketing rentals too are adding to their dilemma. So, most of the retailers are now either merging their different retail formats or are relocating and resizing. They are even shutting down stores. This is certainly a natural move on retailers part, however, what is intriguing is that how did such a situation rise, especially when the Indian retail boasts of some of the biggest names of India Inc.?

Answers Vasal, “The reason for some retailers closing down stores is the general slowdown & fault in the strategies of the retail players. Some players entered the market during boom and hence the calculations weren’t done adequately.” Recently Videocon-owned consumer electronics store Next revisited its strategies and announced the closure of 20 outlets in prime cities. However, K. S. Raman, Director, Next Retail has a different reason for the same. “We now want to consolidate our presence in the interiors of the country and North East,” he argues. Similarly, Spencer’s Retail, too has shut down 56 stores (out of a total of 400 stores) purely on account of non-performance. Exclaims Goenka of Spencer’s Retail, “It is not an alarming news but a sensible decision.” Reasons cited by Goenka for non-performance of his stores were that in certain places, rents were too high and did not commensurate with the revenues, while in certain other places revenues just didn’t pick up. “You have to see what product(s) you are selling and then choose on a location. In few cases, this was done in a reverse manner,” he adds.

Apart from closing down stores, retailers are also considering to merge different retail formats they opened during the process. Reliance Retail is expected to merge its hypermarkets, supermarkets and convenience store formats. Certainly a merged management will help Reliance save on man-power, operational and recurring expenses. Kishore Biyani-owned Pantaloon Retail has also shelved its plans to hive off Big Bazaar as a separate entity and therefore cut on the costs that were expected to rise with the formation of a new company.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
Why Study Abroad When IIPM Gives You 3 global Advantages!

Thursday, March 12, 2009

The Colour of Retail


IIPM Admission Detail

Another way in which retailer’s are getting returns from their ‘green’ investments is the last 5 seconds of any marketing programme - We refer to the fourth P viz. Packaging. For instance, bags used by green retailers are reusable and recyclable and employees are trained to add more items per bag, reducing overall packaging cost. Mark & Spencer, made a bold move earlier this year by becoming the first major retailer to launch a nationwide carrier bag charging programme. To their dismay, however, there was a huge protest from consumers across UK . But, though there may have been some teething problems around customer inconvenience, “carrier bag usage is down by 80%,” explains Berg. Moreover, retail specialists claims that in regions like Europe where private labels command an equal if not bigger market share than big brands, most in-store labels are promoted as eco-friendly brands and the unique positioning helps retailers steal the show from big brands. No wonder Carrefour Eco Planète (a ‘natural’ tagged private label from Carrefour) is one of the most popular brand’s in its category and Carrefour holds the distinction of being France’s largest organic products retailer. Carrefour also is a propounder of recyclable bags. Even German super value store Aldi promotes its store brands with eco-friendly paper bags.

In tune, the global organic and eco-friendly market is growing by 39%, a mouth-watering delight for retailers in UK and USA. “In concentrated markets like Switzerland, USA and UK, supermarkets play a much greater role in community and that’s why these players are successful is promoting organic food,” explains Jonathan Banks, Business Insight Director, The Nielsen Company, UK.

About a year ago, when Lee Scott unveiled Sustainability 360 for engaging Wal-Mart’s associates, suppliers and customers in his ‘green’ campaign, altruism was far from his mind. He was indeed thinking about the great business sense it makes to reduce waste (of energy and packaging) on the one hand, and make money by selling environmentally friendly products, on the other. Sustainablity is vital for profitability, at least for retailers, it seems. Long Road Out of Eden gift-wrapped in sustainable paper, anyone?

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
Why Study Abroad When IIPM Gives You 3 global Advantages!

Monday, February 16, 2009

BIG TV's teaser before the war cry


IIPM Admission Detail

The second round of DTH war is on and ADA's BIG TV has made its war cry by slashing its prices heavily and offering the connection at a 43% lower price compared to the existing players' offer. Earlier this month, BIG TV created a big buzz when it ambushed Airtel Digital's teaser campaign and made it its own. What else, they patted themselves by sending a detailed press note on exactly how they did it! Well keeping in mind the DNA of ADA group, it's not surprising. In fact, with festive season 'round the corner, such fireworks were expected and anticipated from the BIG men. Just to raise some eyebrows: BIG TV has already grabbed 500,000 subscribers within 50 days of its launch & expects to touch five million in the first year of its operations. Too ambitious?

Pallavi Srivastava

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
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Monday, January 19, 2009

It’s a long drawn story


IIPM’s 36th Glorious Year of Academic Excellence

Marketers constantly try new gimmicks to attract consumers; the latest being long TV commercials. But will the strategy work? surbhi chawla finds out

A tense stadium anxiously watches an Indian cricketer batting on 99. In this nail biting anxiety comes a new ball and the batsman hits a splendid six! His fiancée, who is sitting in the audience gets up, dodges security personnel to enter the field and breaks into a carefree dance. And with her, the entire nation sings ‘Kya swaad hai zindagi main.’ This long duration ad and the jingle from Cadbury Dairy Milk was etched in the mind of the audience for a very long time. At a time when marketing budgets were not high and marketers had to watch each penny they spent, coming up with long ads was not considered to be sensible. However, over the years, duration of ads has almost tripled and so have their advertising budgets. So, what is the real reason behind marketers ditching short & crispy ads in favour of long & audacious ad campaigns.

Priti Nair, Managing Partner, BBH India, opines, “With so much clutter around, the idea behind these long ads is primarily to break the clutter and get the ad noticed.” Earlier the trend was to rope in big celebs to draw attention, but now with so many celebrities trying to sell everything from a toothbrush to a car, marketers want to try something different to grab the attention of the Indian consuming masses. Hero Honda to celebrate its 25th anniversary in the Indian market has recently come out with a foot thumping 180 seconds commercial. And it is not just the sheer length of the ad that comes as a surprise, but also the presence of as many as eight celebrities swamping all over the television channels that make one wonder that does it makes sense to have such a lavish ad budget? “It is not just the length of the ad that would hook the customer, but the ad should also provide the watchers with entertainment value,” avers Sanjay Sharma, CD, Draft FCB Ulka (the man behind the Hero Honda commercial). Marketers are now working harder on a storyboard that is interesting and hooks the customer till the end of the ad.

“The size and scale of the ad also helps the brand in creating a statement about itself,” informs Rajeev Raja, Ex. CD, Bates David Enterprise. Little wonder that BIG TV, Happy Dent, Bajaj Pulsar, et al, have made ads that are longer than the normal 30-45 seconds ads. There would be ad-men who would be quick to point out that there has never been a cap on the ad length and even in the past there have been ads of various lengths that have been made from time to time. As a matter of fact, it was not so long ago when Nike came out with its gully cricket ad that clocked almost two minutes. What’s more? Although the Nike ad boasts of a few celebrities, the entire show is run by faces that are lesser known.

So does it always pay to make something grand as attempted by these ad gurus? Not really, and the biggest example is the Pepsi Bubbly campaign. The ad had Big B, SRK & Preity Zinta giving company to Sachin, Dravid, Irfan, Yuvraj, Zaheer & Kaif. The company also launched a remix video with Kareena Kapoor. However, the ad campaign did not click with the audiences. The reason was very simply – with so many stars, brand Pepsi got lost somewhere. Although people do remember the bubbly song yet the association with Pepsi is not that easily to make. The trick here is not to create a long ad, but to ensure that each dime that the marketer spends gives him good solid returns.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
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IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Thursday, January 08, 2009

HEY, BE OUR GUEST!


IIPM’s 36th Glorious Year of Academic Excellence

According to consulting major Deloitte, international tourism expenditure in India in 2006 was about $8.7 billion and is expected to rise to over $10 billion by the end of 2008. According to them, there were an estimated 105,000 hotel rooms in India as of July 2007 and with these new concepts, this is bound to increase. Avers Amol Rao, Hospitality analyst, PINC research, “If players don’t start now, they will lose market share, as discretionary spending in India is increasing at a fast pace.” Market watchers agree that the growing demand for hotels rooms is stimulating innovations. There are innovations like underground resorts, totally cut off from the outside world. There are even restaurant run by housewives, especially designed for NRI clients. Located in Bangalore, the restaurant has housewives from Bijapur and Dharba cook and serve regional food, just as they would in their own homes.

There is even a military resort in Bangalore called ‘The prestige’. It’s a getaway where corporates send their core teams for training in team-building in typical soldier style. “Corporates like change, so we are trying to innovate and explore new opportunities,” asserts Venu Rao, Director, Aabana Hospitality, the brains behind the underground resort. Adds Amol Rao, “Moreover, products or services of any hotel cannot be in a vertical line as they have to be in a pyramid in order to grow. Indeed alternative tourism in India is a big concept, but in a nascent stage.”

Recently, even Mahindra Holidays and Resorts India (MHRIL) launched a new holidaying concept called Mahindra Homestays, wherein the company partners with home owners for accommodating visiting international tourists for a fee. The intention is to give foreign travellers a unique local experience. Justifies Ramesh Ramanathan, MD, MHRIL: “With shortage of hotel rooms in tourist destinations, it was imperative for us to grab the opportunity for authentic hospitality.” Four Seasons is also developing a destination resort in Puthenkayal (Kerala) which will have 75 villas and also 20 branded, luxury private residences. On similar lines, the Leela Group is investing in a property in Gurgaon which will have 90 apartments called ‘The Residence’.

Interestingly, alternative hospitality is luring even non-hoteliers. Real estate player DLF is building India’s first residential hotel in Goa in collaboration with Hilton Group, with an investment of $2 billion. Likewise, even as you read this, Puducherry-based leather accessories maker Hidesign and Bangalore-headquartered liquor firms, Khoday Group and John Distilleries are busy firming up their alternative hospitality plans. A recent Ma Foi report asserts that an estimated $11.41 billion is expected to flow into the Indian hospitality sector over the next two years. We don’t doubt it. Do you?

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
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IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Monday, January 05, 2009

Now it’s Brand-policing


IIPM : EXECUTIVE EDUCATION

Zaheer Khan,
Chairman, Enforcers of Intellectual Property Rights

Zaheer Khan, Chairman, Enforcers of Intellectual Property Rights
Now it’s Brand-policing

The Indian counterfeit market share has gone up significantly over the last five years due to increasing brand awareness. Large sums of money being spent on advertising and promotional activities is increasing the scope for counterfeiters to cash in on the well-known brands. The mushrooming of counterfeit and gray market is encouraged by the fact that the margins involved in counterfeiting are high and penalty for counterfeiting is not that serious. People find it an easy avenue to make quick money. India and China constitute the largest counterfeiting problem that the world faces. Both have a very large user population as well. Not only do we churn out a lot of counterfeit for exports for use in different countries, we also use a lot of counterfeits that we make.

Actually we are the biggest market for counterfeiting. Though there is no one study which can quantify the amount of counterfeiting yet, it is safe to say that in every industry now the rate of counterfeits are alarming. Counterfeiting always happens in the most popular, most advertised and most publicised brands. They are the easiest brands to cash in on because they are the ones who spend most money in building these brands. The downturn and misgiving are by the buckets of counterfeiting, first being the huge revenue loss.

And of course, then there is loss of customer and brand value. If a customer buys a substandard counterfeit product and has a bad experience, he may not return to the same product thereby causing brand value loss and product loyalty loss.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
Now IIPM's World-Class Education... for everybody!!
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM’s 36th Glorious Year of Academic Excellence
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Thursday, December 18, 2008

“It’s wait & watch for all of us”


IIPM : EXECUTIVE EDUCATION

As gloomy market conditions continue to dampen investors’ appetite

Sanjay Hegde
Sanjay HegdeExecutive Director, PricewaterhouseCoopers

Whether the upcoming slew of big issues is able to revive the overall market sentiment or would have no impact at all, is to be seen to be believed. However, recent history has shown that PSU divestments have generally helped in reviving the market sentiment...

The general bearish sentiment in Indian capital markets has meant that the pipeline of IPOs is not robust enough as compared to the last year. The negative trend in the primary market was in tune with the movement in the secondary market. The BSE benchmark index Sensex has lost as much as 31.71% till August 26, from its lifetime high of 21,206.77 points on January 10, 2008.

Dull market conditions since mid-January this year have dampened investors’ appetite so much that more than 70 companies, including Reliance Infratel, MCX, ICICI Securities, GMR Energy, are now either holding back or have withdrawn their IPOs (which together were expected to raise more than Rs.400 billion) till global markets stabilise. In fact few of them have consequently allowed their IPO approvals to lapse and are awaiting better times to enter the primary market. However, that is about to change if the recent filings with SEBI are to be believed at face value. After a rather lack-luster eight months of 2008, the primary capital markets are headed for interesting times ahead.

In fact, Indian companies are lined up to raise an estimated $17 billion from 56 public issues during the last four months of 2008 (Thomson Reuters). This list includes some big names like Adani Power (Rs.56.30 billion), Future Ventures (Rs.26.60 billion), Bharat Oman Refineries (Rs.24 billion), NHPC (Rs.16.70 billion) and Oil India (Rs.14 billion) to name a few. These include companies who had deferred their issues due to valuation concerns. They have been waiting for return of positive sentiment in the markets for some time now. However, due to genuine business needs, it might be difficult to delay their fund raising plans. It will definitely be interesting times for merchant bankers to market these high-profile issues in these ever-so increasing turbulent and uncertain markets.

Whether these slew of big issues (if and as and when they happen), will be able to revive the overall market sentiment or would have no impact at all, is to be seen to be believed. It would be difficult to stick one’s neck out to say either way, since markets have a strange way of countering any one view. However, recent history has shown that PSU divestments have generally helped in reviving the market sentiment provided they have been priced at a reasonable discount for investors to lap up the same. This might hold true for other than PSU issues also. Also, the SEBI has done its bit in helping the revival of gloomy primary market cause by amending the rules on collection of IPO money. As per the new guidelines, retail investors’ money will remain in their bank accounts till allotment. Also, it recently reduced the duration for a rights issue from 109 days to 43 days. However, companies that were planning IPOs just because the market was giving money, can, simply wait for better times. Same holds true for firms where IPO was a disinvestment. With a rising fiscal deficit and an unstable political environment, it might be difficult for the government to justify selling its stake in PSUs at lower valuations.

Hence, the verdict is really hard to predict. History has shown that revival of primary markets lead to better secondary markets and vice-versa. It has happened in the past and may happen now also. But, it’s wait and watch for all of us now.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Programme :- SUPERIOR COURSE CONTENTS
Now IIPM's World-Class Education... for everybody!!
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM’s 36th Glorious Year of Academic Excellence
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Monday, November 10, 2008

Canon Pixma MP145


IIPM Programme :- SUPERIOR COURSE CONTENTS

Technical Specification

7-segment LCD display Photo Lab Quality, High Quality; 2 pl ink droplets and 4800 dpi* (Vibrant Colours, Minimal Grain ); “FINE Cartridge” for superior Image Quality with CHROMALIFE 100 for long lasting prints; DUAL COLOuR GAMUT PROCESSING TECHNOLOGY (For Second Copy to optimise quality ), BORDERLESS Prints Upto A4 Size
PRICE: Rs.5,995
WARRANTY: 1 year (on site)

MP145 has a classy-looking white (titanium white) exterior, which is quite different from its other generation models. “As compared to MP160, it is low-priced and offers low prices cartridges, the PG-830 & CL-831,” asserts a confident Sanjeevan, Assistant Director CSP. It comes with a USB interface cable and has designer software with Photo Editing Easy LayoutPrint for both Windows & Macintosh formats bundled with the needed equipments. Since all the consumers using the product will get lab quality BORDERLESS prints at low price along with option for high capacity cartridges, this is certainly a lucrative offer for them. Its high printing speed of 20/15 cpm (Blk/Col), copy speed of 19/15 cpm (Blk/Col) is an additional feature that enhances the offering as such. The printer is compact and has a Stylish Print Scan & Copier with fully supported 100 Sheets Tray.

Marketers’ delight: It cuts down on complicated key assortments and makes handling easy.

Tester’s note: Pros – Terrific speed of printing, high in quality photo prints, fast and good copying, fast scanning abilities. Con – Has no pictbridge.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
Now IIPM's World-Class Education... for everybody!!
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Tuesday, November 04, 2008

DELL XPS M 1530


Now IIPM's World-Class Education... for everybody!!

Technical Specification

Operating System: Microsoft Windows Vista Home Premium; Processor Name: Intel Core 2 Duo T7500; RAM: 2 GB; Screen Size: 15.4 inches; Graphics Card: nVidia GeForce 8600M GT; Storage Capacity: 160 GB

PRICE: Rs.49,900;
WARRANTY: 1 year

M1530, being the middle child in the XPS family, fills the gap between M1330 and M1730 quite brilliantly while maintaining the sleek metallic finish and stylish chassis that made M1330 so alluring. It is light enough for short trips at 6.2 pounds – with a nine-cell, 85-Wh battery. The M1530 comes with two battery options: an extended nine-cell battery (85-Wh) and a six-cell battery that offers less-than-spectacular battery life (2.75 hours). The notebook is loaded with premium features like fingerprint reader, and design accents like touch-sensitive multi-media buttons, brushed aluminum accents and comes in a variety of urbane colors. It is also one of the initial laptop to have a slot-loading Blu-ray burner. An upbeat Girish Mehta, Director-Cons. Mktg., Dell India says, “The XPS1530 is targeted at customers who want the latest features and high performance and at the same time appreciate fashion...”

Marketers’ delight: Multi-media enthusiasts will love the optional Blu-ray disc drive and noise cancellation ear buds, and travel remote that stores away in the ExpressCard card slot.

Tester’s Note: Pros – Dell’s MediaDirect and Instant Office technology offers fast one-button access to music, movies, and pictures, as well as calendar items and contacts, without booting the system up.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Wednesday, October 22, 2008

Opening up the discount window to investment


IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

Opening up the discount window to investment banks, announcement to auction $200 billion of US treasuries for certain mortgage-backed securities, unleashing a fiscal stimulus package, a $150 billion tax rebate package et al apparently imply that US does not enjoy the luxury of waiting for markets to stabilise before thinking about the future. The fact is US is plagued by profound errors in risk management. The IMF has already shaved its forecasts for growth in the global economy; and the downbeat analysis has further created a gloomy backdrop for policymakers across the globe.

The ongoing debate may continue, but in the final analysis, it needs to be figured out how hard the landing will be in the US. When it happens, policy makers will also have to analyse whether it will prove to be a V, U, W or L type of recession, and act accordingly, for the sake of the world at large. After all, how the other economies fare in this period will depend to a significant extent on the US situation. So the Fed has to be ready with all the parachutes it can spare...

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...