MAM

FabIndia sets aside 40% on digital advertising

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2017/11/28/FabIndia.jpg?itok=jdeCHU7j

MUMBAI: Get India to explore India’s diverse culture and craft – that’s the target FabIndia has set for itself. The retail chain sells everything from garments to furnishings to ethnic products which are handmade by rural India’s craftspeople.

Established in 1960 by John Bissell, an American working for the Ford Foundation, FabIndia started off by exporting home furnishings, before stepping into domestic retail in 1976, when it opened its first retail store in Greater Kailash, New Delhi. 40,000 artisans are engaged in employment for sourcing its products today.

But a lot has changed in the last 60 years. The media outlets have changed, consumers have evolved, business has transformed and so has the economy. To keep pace with consumers’ changing needs, FabIndia has introduced a new way of shopping for its customers in the form of experience centres. In addition to this, it houses a Fabcafé, an interior design studio, an organic wellness centre and an alteration studio.

First piloted in March in Delhi this is the second such experience store for the retailer. The next store in line to get the experience centre will be FabIndia Kala Ghoda, Mumbai which should be ready to launch by April 2018. The company plans to have a total of 10 centres by 2018 spread out in Delhi, Mumbai and Bangalore.

With changing times, brands ought to evolve and tweak their communication with audience from time to time. Brands today are shifting gears and investing more on digital platforms and shrinking traditional media ad spends (television, print and OOH). FabIndia spends 40 per cent of the advertising budget on digital platforms by creating customised content for audiences on platforms like Facebook, Google, Instagram and Twitter. The brand has become increasingly strong on digital and social on the last five to six months.

Although the brand deals with premium customers, FabIndia head of brand and marketing Karan Kumar suggests that FabIndia is a category in itself and hence cannot be included in any price range. “Our product line starts from under Rs 1000 and goes beyond Rs 10,000. We cut across all kind of income brackets and demographics,” he says.

Undeterred by rivals, Kumar says, “We don’t consider any other brand as a competition as our appeal is to a certain customer who resides in the same mind space as us which is a sense of self pride about India and its traditions.”

FabIndia has over 280 stores across India in 95 cities. Despite a presence in smaller towns, the core focus is still urban metros and mini metros. Internationally, it has retail outlets spread out in Italy, Singapore, Dubai, Fiji, Qatar, Central Asia, Middle Eastern and Southern markets but will add more stores in Kuala Lumpur and Malaysia. Being optimistic about overseas business, Kumar adds, “Gradually, we will be looking at various international markets over the next 12-18 months.”

Foreign tourists, who are charmed by the country’s myriad cultures, generate a considerable amount of revenue. But the main chunk of revenue is still from Indian customers. FabIndia made a net profit of Rs 1000 crore last year and is looking at a double digit growth this financial year.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/17/Sam_Balsara.jpg?itok=XtbZChot
Pitch Madison report forecasts 2018 digital adex growth at 25%

MUMBAI: According to the findings of the 16th Pitch Madison Advertising Report (PMAR) 2018, the advertising market slowed down to 7.4 per cent (Rs 53,138 crore) in 2017. The report also predicts the advertising growth in 2018 to be around 12.03 per cent thereby adding Rs 6,392 crore to adex to...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/16/priya-warrier.jpg?itok=dL0iN4uI
Net sensation Priya Varrier promotes Pringles

At a time when the whole wide world seemed to be lingering around with cupids and love-struck angels, Kellogg’s popular potato crisps brand and the world's second-largest potato chips player Pringles created a frenzy by striking the right chord with singles!

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/16/onlinelove.jpg?itok=SD3Wb5jH
Digital takes centre stage on tepid Valentine's Day for brands

MUMBAI: Love has been in the air and on the internet all week. Valentine’s Day is no longer about just a day you spend with your loved one but is rather a week-long affair of gifts and celebration. Valentine’s Day has become no less than a festival in India, a country that takes much pride in its...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/16/unbic.jpg?itok=oaCyfO4-
Unibic awards media duties to Mindshare

MUMBAI: Unibic, a renowned name in the cookie industry has awarded its media duties to Mindshare, after a competitive multi-agency pitch. The mandate involves handling the media strategy, planning and implementation across all media in India. The account will be handled out of the Mindshare...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/16/trucks.jpg?itok=xatx1bIF
Happy mcgarrybowen to handle BharatBenz's creative and media mandate

MUMBAI: Happy mcgarrybowen has been selected by Daimler India Commercial Vehicles (DICV) as the agency on record for its BharatBenz brand, known for its range of modern trucks and buses. The appointment followed a multi-agency pitch held in Chennai. Happy mcgarrybowen, the creative agency from the...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/15/icubes.jpg?itok=hXJR1hzB
iCubesWire bags digital mandate for AMB Group

iCubesWire,a digital marketing solution and concept provider has bagged the digital media mandate for AMB Group, a renowned real estate developer of Delhi NCR.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/14/rado.jpg?itok=0qOd1pP7
Rado brand ambassador Hrithik Roshan opens new store at Delhi Airport

Bollywood megastar Hrithik Roshan was the guest of honour at an exciting event to open Rado’s stylish new monobrand store at Delhi IGI Airport today.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/14/diamond.jpg?itok=a3StI6kq
Diamond Producers Association launches V-Day campaign

The Diamond Producers Association (DPA), an international alliance of the world's leading diamond mining companies, has launched its second film as a part of their integrated marketing campaign ‘Real is Rare. Real is a Diamond’.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/14/mpa.jpg?itok=HGIpuTun
APOS 2018: speakers & themes unveiled for annual summit of local, regional & global leaders In media, entertainment & telecoms

HONG KONG/SINGAPORE: Some of the biggest brands across the local, regional and global media, entertainment and telecommunications industries will participate at this year’s APOS summit, hosted by Media Partners Asia in Bali, Indonesia from April 24-26. APOS 2018 brings together key players across...

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories