Page 53 - IMDR - Journal of Management Development and Research - March2019-20
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target customers. The Insurance products i.e., LIC, any Private Player’s brand often

                       take the route of emotional & threatening ads to boost their sales. The FMCG sector
                       employs  more  of  emotional  connect  to  establish  their  brand.  Bournvita  featuring

                       Mother  –  daughter  relationship,  sounds  emotional  but  has  a  strong  commercial
                       advantage.  VIVO  &  OPPO  today  are  the  classic  examples  of  branding,  they  have

                       changed the dimensions of the outdoor marketing i.e., from hoardings to buildings.
                       No longer it’s just wall painting on building instead it’s the building itself. In almost

                       every  sector  right  from  Power  to  Technology,  Consumers  goods  to  Industrial

                       products, Branding is playing a leading role.


                       BRANDING:         Challenges     &

                       Opportunities
                       The Branding exercise encapsulates

                       both    the    opportunities   and
                       challenges  for  the  Organisations.

                       The   Marketers    face   a   huge
                       challenge  in  the  form  of  literate

                       customers,  increased  competitions

                       in the form of private players, brand
                       expansion  &  respective  demand,

                       enhanced  trade,  Media  scope,
                       Increased  Cost  of  Production,  etc.


                                                                  These challenges keep the Organizations

                                                                  on  track  &  vigilant.  These  challenges
                                                                  also  have  the  potential  to  support  the

                                                                  momentum  of  businesses,  enhance  the

                                                                  business  prospects  and  add  to  the
                                                                  prosperity  of  the  business.  Amidst  all

                                                                  the challenges the Branding exercise has
                                                                  Opportunities as well towards ensuring a

                                                                  defined  approach.  The  Opportunities
                                                                  include      defining     the     Brand

                                                                  appropriately  to  seek  better  results,







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