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Indiantelevision.com's Media, Advertising & Marketing Watch
 
'Moving the masses' and strategizing for newer TG's
 
Indiantelevision.com Team
(2 October 2004 7:30 am)
 

MUMBAI: 'Moving the masses' was the theme of Bajaj Auto's VP and business development and marketing R L Ravichandran's session. Are finance schemes only for the salaried class? Is there a significant section of the society other than service class?

"Yes," says Ravichandran. "He could be a watchman or a vegetable vendor or a farmer. The estimated size of this unorganized class is 10 million households in the country."

 
 

The only concerns being:

1) His ability to pay
2) His intention to pay
3) Traceability in case of default

What this class lacks:

1) Income proof
2) Strong banking habits
3) IT returns
4) Strong guarantors

 
 

Taking us through 'The 999 story;' a film designed by the company capturing how they broke into the SEC E markets and how they converted a not so well doing bike ( Boxer) into reaping great profits.

 
 

The film showcased how innovative marketing and distribution techniques along with a personal connect and playing with the psyche can do wonders in terms of converting habits and break into a market successfully. The marketing was simple. It was catering to the aspirations of a common man as well as providing him the means to do so. A session that just could not have been missed!

 
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