Tag: Brand Strategy

  • Product Placement: Marketing Through Shows and Movies

    “We live in a world of advertisements”. This quote is aptly said as it constantly reminds us of advertisements everywhere. They are like gods, Omnipresent. You open a youtube video, an ad appears, you go to social media, an ad appears, you say “F you” to the online world and switch on the television and, yes you are guessing it right, an ad appears.

    They are so omnipresent that we now think that they are the reality. Guess, they’re not. Advertisements are all a marketing technique and the purpose is to make a product look like a blessing. It was cool and all until advertisements were manufactured claiming they were ads. In this digital hyper-connected world, we have arrived at a junction where we don’t know what is advertisement and what is not. This article is about marketing that is diffused within other forms of content, especially movies and TV shows. Let us read and see how cleverly we are made-to-believe products.

    Brand Marketing Over the Years
    Product Placement in Films
    Need for Product Placement
    Benefits of Product Placement
    Problems with Product Placement

    Brand Marketing Over the Years

    There are many forms and types of advertisements. We can see examples of ad print media, broadcast media, Online social media advertisements and many more. As technology evolves we tend to see it everywhere. We can see newspapers filled with advertisements, we can see our dish TV filled with all sorts of advertisements. Now, when the world is online, we can see ads everywhere online. They are on our social media timelines, on our Youtube account, on websites we travel and much much more.

    Except for every other factor, there is always one thing that is sure. We can immediately tell that we are watching an advertisement when we see one, but this surety is vanishing gradually. Now we can’t really be sure if we are watching an advertisement or an actual real thing that we would like to watch…

    Product Placement in Films

    What we are seeing is that brands are trying to diffuse brands even in the content we want to watch. Imagine watching your favourite actor Hrithik Roshan saying “I love coke” in a movie, how weird is that? This is a very common trick that brands apply to our favourite types of content. This feels like getting backstabbed. Whatever you can say about it, we can clearly see signs of it everywhere. However, it is a super-risky thing to do but can do very well wonders if done smoothly.

    Share of Product Placements 

    Welcome to the world of “Product Placement”. Where you cannot tell if something is real or it is an advertisement. Brands and movie directors do it so smoothly that it is often left behind in the scenes and no one notices them. In fact, your brain (That smart little organ) does notice that and subconsciously notes it down for future use. Like you see an actor drink ‘Coke’ in a film, you don’t really notice it but your brain does. You will then most probably and most likely order a coke when you go for lunch after that movie. Tweaks like these, here and there, are supposed to make a lot of difference in the long run. Brands are crazy about this and are paying huge sums of money to make this happen as smoothly as possible.

    Need for Product Placement

    We are going to see some examples to prove the fact that ‘Product placement’ is a real tactic of marketing. The reason for this is that normal people don’t really pay that much attention to these little “stranger things”. Let us see some unnoticed brand placements that only your subconscious mind notices,

    No matter your age, a Bollywood movie that almost everyone knows about is Koi Mil Gaya starring Hrithik Roshan and Preity Zinta. The movie is famous for the appearance of an alien named ‘Jaadoo’. Apart from this, the movie makes for a great example of the product placement of Bournvita. In this movie, it is shown that the young Rohit (Hritik’s character) loves to drink his milk with Bournvita in it. In some scenes, he even boasts about it to his friends and also offers some Bournvita to a winning kid in a game.

    Koe Mil Gya Movie Scene with Bournvita

    Another example from a movie starring Hritik is the Bollywood film “Yaadein”. It was a hit, like all other movies that star Hrithik Roshan. He is an all-time favourite actor in the business. But could you notice Coke’s ‘Product placement’ throughout the entire running time of the movie? This one rigid frame tells the same story, the “Coke in hand” almost everywhere. You might not remember but your brain must have noticed, “Cool people like Hrithik drink Coke”.

    The popular movie franchise “James Bond” did it all the time. Since the release of Dr No in 1962, the James Bond franchise has been associated with a number of brands. Many brands came in line to pay for promotions in future instalments for the famous cinema piece. The early films featured Pan-am Airlines and smith and Wesson firearms. The early films feature tie-ins with popular companies like Pan-Am Airlines and Smith and Wesson firearms. The iconic cigar that Bond fashioned is also a very popular brand placement. It is reported that Lark Cigarettes paid as much as $350,000 to feature their brand of cigarettes in Licence to Kill. Besides the aforementioned brands, some of the other popular brands to be associated with the franchise are Microsoft, Gillette, Playboy, Toblerone, 7Up, and KFC.

    James Bond with an Aston Martin

    Even after we have talked about so much brand placement in the movie, we can still remember the iconic ride of James Bond. It was the luxury car brand Aston Martin that was honoured with bond’s feet on their product. Aston Martin, the luxury car brand jumped at an opportunity to be associated with the British spy. Starting from Goldfinger in 1964, this partnership has endured the test of time.

    Benefits of Product Placement

    Why does this happen? Why do brands want to create a persona of a famous/popular actor using a brand product as an advertisement in product placement? This is a legit question and it has to be answered.

    Social Proof

    Social proof is a real thing in the marketing world. It is a social and psychological trick that business people use. Social proof means that people tend to believe whatever fellow people are using without a rationale. That clearly means that if you watch a crowd do a certain behaviour with a certain product, then you are most likely to follow the trend without asking for a reason or a why.

    For a quick example, we can take the case of Redbull. Redbull is a carbonated drink maker and the company sells by packaging it as a power drink. The company knew the phenomena of social proof and its drinks were not famous among the masses in India. So what they did was they threw empty cans of Redbull outside every club and pub. This little activity added a lot of value to the brand red bull and made its revenue very high. What the ‘little hack’ did was it took the value proposition of red bull and made it appear “cool” in society. Once it was established that people “who visit clubs and pubs drink red bull”, then everyone started mimicking the behaviour by actually drinking red bull. This small trick can do wonders without even letting people think about what they are actually doing.

    Indirect But Subconsciously Strong

    As we mentioned before in the article, these types of advertisements are silent and much more effective than regular ones. It is quite evident from the society that we live in. We are most probably a collectivist society and we love to have status to show off. If we see a movie star do something, we are most likely to mimic it. This raises questions about whether brands can pay movie makers to make them do certain activities.

    If code is something that scripts machines then it can be clearly said that media is something that scripts human beings. Balaji Srinivasan said in a report that he shared on Twitter that media is what scripts human beings. It is thus, whoever controls the media, controls the mind or can control the mind. Media here is any sort of media, it can be print media, a film, a piece of content on youtube, or anything that can hold attention for a significant amount of time.

    Wayne’s world super product placements.

    Problems with Product Placement

    Imagine being a trusted brand and then losing all the trust that you generated from all the years of hard work. That is so bad but most easy to happen. Imagine cinema and over-the-top content giants selling screen time to brands for product placements. This little rash on the smooth road to great revenues can derail the growth train. People could just boycott anything that feels like backstabbing.

    When we watch a movie we don’t think or expect that we will be interrupted by an advertisement or a brand showcasing their product. We go to theatres carefree as we pay for that sort of entertainment. If moviemakers dilute this excitement for us by including ads in the movie then it can most likely spoil the mood of many cinephiles.

    However, Netflix clearly mentions that it does not allow brands to show anything or any sort of advertisements on their show, there are many unnoticed instances of them being caught with product placement. Well, according to the reports, Netflix one hundred per cent refuses the question of “Product placement”, and they will never cheat the paying user base. As we know that Netflix is a paid or subscription-based platform and if its users find it selling advertisements to them, this can lead to a huge slowdown. The company always says that it supports and protects user rights and works with dignity, no brand has ever paid anything to Netflix for any sort of product placement.

    Conclusion

    We know that product placement is a very bumpy ride and can be a huge interruption for a movie or series fan. Moviemakers know it very well. However, if done smoothly and carefully, it will go unnoticed by the audience and it will also make revenue for the brand. Thus, product placement in movies or series can do wonders for a brand, if done correctly.

    FAQ

    Which TV show has the most product placement?

    A study conducted in early 2022 found that the U.S. version of “The Office” was the TV show with the highest number of product placements worldwide.

    Does Netflix use product placement?

    Since Netflix doesn’t sell advertising, the most common way that brands get into Netflix originals is through product placement. Brands and agencies work directly with the productions to place products in Netflix shows, similar to other streaming shows.

    Does Coca-Cola use product placement?

    Coca-Cola is one of the most visible brands in Movies and TV. Coca-Cola has a relatively long list of product placement appearances. One of its most obvious plugs is in American Idol, one of the most popular shows on American television that hosts a competition to find new solo singing talents.

    What are the 3 types of product placement?

    There are many ways of using product placement on TV: it can be physical, virtual, seen but not used, mentioned, contextual or even unbranded.

  • Wellversed: A Wellness Startup Helping in Creating and Scaling Consumer Brands

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Wellversed.

    The demand for health and wellness products is steadily growing. Research shows that an average Indian millennial spends over 3000 per month on their fitness and wellness. Digitalization has been quite influential in generating awareness of the common public about human wellness. The growing wellness industry has attracted many brands to come up with good and genuine wellness products. Entrepreneurs and startups are focusing on developing authentic wellness products that could contribute to the spectrum of human wellness.

    Wellversed is a startup that helps in building and scaling the business in the wellness industry. They help in accelerating the growth of wellness brands. Popular Indian cricketer Yuvraj Singh is associated with Wellversed in its startup journey.

    Listen to Aanan Khurma telling the story of Wellversed in an interview with StartupTalky on Epic Brands Podcast

    Read further to know about Wellversed, its founders, products & services, business model, and more.

    Wellversed – Company Highlights

    Startup Name Wellversed
    Headquarters Gurgaon, Haryana
    Industry B2C and Wellness
    Founder Aanan Khurma, Aditya Seth, and Ripunjay Chachan
    Founded 2019
    Total Funding Raised $3.2 Million
    Website wellversed.in

    Wellversed – About
    Wellversed – Industry
    Wellversed – Founders and Team
    Wellversed – The Idea and Startup Story
    Wellversed – Name, Tagline, and Logo
    Wellversed – Products & Services
    Wellversed – Business Model
    Wellversed – Customer Acquisition
    Wellversed – Challenges Faced
    Wellversed – Funding
    Wellversed – Competitors
    Wellversed – Recognition and Achievements
    Wellversed – Future Plans

    Wellversed – About

    Wellversed is a full-stack accelerator for wellness brands. Wellversed startup accelerate wellness brands from their infancy to building them into strong world-class brands that enable better wellbeing. They enable founders to build genuine wellness brands by accelerating sales growth, strengthening the product-market fit, improving the supply chain, providing investment support, building the brand story, and improving key metrics, and M&A opportunities.

    Short term goal of the startup is to accelerate 1000 wellness brands by 2025, invest in 100 wellness brands by 2025, and acquire 10 wellness brands by 2025. It has a long-term vision to maximize human wellness by enabling genuine wellness brands.

    Wellversed – Industry

    The global wellness market is at more than $1.5 trillion per year, with annual growth of 5 to 10%. In fact, the rate of growth of the wellness industry is in double digits in the developing economy. 60% of this market is contributed by wellness brands while the remaining is contributed by services.

    Wellversed – Founders and Team

    Wellversed - Founders with Yuvraj Singh
    Wellversed – Founders with Yuvraj Singh

    Aanan was a fellow at the Stanford Biodesign School in 2012. As an alumnus of Stanford Biodesign, Aanan Khurma used to conduct a lot of Design Thinking workshops to disseminate the ideology of Stanford D-School to college students. It was during the organization of one such workshop that Aanan met Aditya Seth who was an industrial design student inclined toward designing manufacturing assembly lines. Both of them launched a brand together called Unsnack which was one of the early D2C brands in the Indian ecosystem. Both of them were later joined by Ripunjay Chachan who was Aanan’s batchmate at Stanford Biodesign. Yuvraj Singh was a consumer of the products crafted and traded by Wellversed before he decided to invest in Wellversed and later become a part of the core team of Wellversed.

    Aanan is the CEO of the Company and is primarily responsible for Business Intelligence, Defining Long Term Goals, and probably one of the only CEOs who directly leads the Human Resources department. Aditya Seth leads the supply chain while Ripunjay Chachan leads Business Growth. Yuvraj Singh is the chief evangelist and flag bearer of the message of health and wellbeing.

    As of June 2022, Wellversed has a total of 150 employees.

    Wellversed – The Idea and Startup Story

    The company started out as a personal quest to maximize healthspan. The human body is designed to live up to 120 years of age but most people become dysfunctional by 65-70 years of age. Aanan Khurma realized that people can live a disease-free life of quality, vigor, and intensity if their lifestyle is right. He realized that consumer brands are not optimizing for the long-term well-being of human beings. This led him to launch his first brand called Unsnack. Subsequently, he launched several brands like Ketofy, Ovego, and Wellcore to cater to different use-cases of wellness.

    These brands were unified under the common umbrella of Wellversed Full-Stack Accelerator structure evolved to help great founders create genuine wellness brands.


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    Wellversed Logo
    Wellversed Logo

    There is a very interesting story behind the name of the Company. Aanan’s first startup – Hansure – was funded by Microsoft Ventures. When he was going through the journey of formulating what is now Wellversed he was exchanging ideas with the Director of Microsoft Venture Fund. The Director asked Aanan to send a small note about his startup in order to make a connection with a probable seed investor. As an interim thought, Aanan penned down the name Wellversed in order for this connection to be made and the conversation to proceed further. The Company was never renamed although the name is difficult to pronounce and several stakeholders have pointed out that it’s an awkward name. Since Wellversed platform is not primarily consumer-facing, they never thought it would be relevant to rename the Company.

    Wellversed – Products & Services

    Wellversed Product - Ketofy
    Wellversed Product – Ketofy

    Wellversed is a tech-enabled full-stack accelerator for wellness brands. They assist founders in their journeys to build and scale genuine wellness brands. A great consumer brand is built through only THREE things:

    • A solution that serves a need.
    • A product that is great.
    • A brand story to carry the message to the masses.

    In a typical scenario, running a brand has so many operational components to it that a founder is not able to focus on the core aspects of creating a brand. Wellversed relieves founders from all the operational hassle of selling their products. This includes eCommerce Operations, Performance Marketing, Listing Operations, Warehousing & Logistics, etc. This allows founders to build genuine products to solve a real problem and craft a story that resonates. Wellversed is accelerating 40 wellness brands as of June 2022.

    Wellversed – Business Model

    The business model of Wellversed is centred on accelerating brands and charging them a percentage of their growth revenue. Their EBITA margins are close to 18-20%.

    Wellversed – Customer Acquisition

    They didn’t have a website for 6 months after they started selling to end consumers. They primarily relied on third-party eCommerce channels like Amazon.

    Their only hack was discipline and diligence. Most companies talk about consumer centricity but Aanan and Aditya actually spoke to most consumers to whom they sold. Back then, sellers could access the phone numbers of consumers who ordered via Amazon.

    Wellversed – Challenges Faced

    They took a very unique approach to create a group of brands that maximise human wellness. When they started, this concept and way of building multiple brands were not well understood. The toughest part was the impact that people’s limited understanding had on their own mindset.


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    Wellversed – Funding

    As of 2022, Wellversed has raised 3.2 Million USD through Jubilant Foodworks, Yuvraj Singh, other entities, and angels.

    Wellversed – Competitors

    Some top competitors of Wellversed are:

    • Mensa Brands
    • Global Bees
    • Evenflow
    • Powerhouse91
    • Thrasio
    • SellerX
    • Perch
    • Heydey

    Wellversed – Recognition and Achievements

    Their achievement is the culture of the Company. They believe that great things are achieved through distributed intelligence and the first step to that is creating trust on an individual level. Systems like beehives, ant colonies, and the human brain are regarded as some of the most complicated structures in the universe. The commonality between these biological systems is that they do not have a single intelligence centre. The fact is that the most cooperative, intelligent, and admirable biological systems in the universe have been created by distributed intelligence. This is noteworthy because an individual needs to operate by a minimal set of rules in a distributed intelligence system.

    Wellversed – Future Plans

    The Future of Wellversed is to evolve into a City of wellness entrepreneurs crafting brands for true maximisation of human wellness.

    FAQs

    When was Wellversed founded?

    Wellversed was founded in 2019.

    Who is the founder of Wellversed?

    Aanan Khurma, Aditya Seth, and Ripunjay Chachan are the co-founders of Wellversed.

    Who are the competitors of Wellversed?

    Some top competitors of Wellversed are:

    • Mensa Brands
    • Global Bees
    • Evenflow
    • Powerhouse91
    • Thrasio
    • SellerX
    • Perch
    • Heydey

    Has Wellversed raised funding?

    Wellversed has raised funding of $3.2 Million.

  • AAIBA Design – Creative Solutions for Businesses to Build Their Brand

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by AAIBA Design.

    Design industry is the most emerging industry in the world in the digital world. Creative design and arts play a crucial role in advertising industry, public relation, and marketing companies. Creative designs and visuals help in creating great impact on the audience and thereby helps in brand communication. Creative visuals, beautiful designs have an excellent ability to translate your brand to public. AAIBA Design Private Limited is a brand design agency that provides advertising services and helps your brand to communicate creatively to the public.

    Read the startup story of AAIBA Design, its founder, offered services, and more about it.

    AAIBA Design – Company Highlights

    Startup Name AAIBA Design
    Headquarters Mumbai
    Industry Brand Design and Brand Consultancy Agency
    Founder Saurabh Chandekar and Rasika Chandekar
    Founded 2013
    Instagram Page aaibadesign

    AAIBA Design – About
    AAIBA Design – Founder and Team
    AAIBA Design – The Idea and Startup Story
    AAIBA Design – Name and Logo
    AAIBA Design – Services
    AAIBA Design – Business Model
    AAIBA Design – Revenue Model
    AAIBA Design – Customer Acquisition
    AAIBA Design – Achievements
    AAIBA Design – Work Culture
    AAIBA Design – Competitors
    AAIBA Design – Tools Used in the Company
    AAIBA Design – Advisors and Mentors
    AAIBA Design – Awards and Recognitions
    AAIBA Design – Future Plans

    AAIBA Design – About

    As the name ‘AAIBA’ suggests, they give their client’s communication the right voice it needs. They are very passionate about what they do and the kind of communication they build around it. They help guide their clients through the advertising world offering expert insights on the market, quality, the estimated budget, etc. They ensure that the client benefits from the association and solutions they provide.

    AAIBA Design – Founder and Team

    Saurabh Chandekar – Co-Founder of AAIBA Design

    Saurabh Chandekar and Rasika Chandekar are the co-founders of AAIBA Design. The shares of the company are distributed 50-50 between the co-founders.

    Saurabh Chandekar is the Creative Director/ Aaiba Design private limited. He has completed his graduation from Abhinav Kala Mahavidyalay, Pune. He was born into an art driven family. His father, Late Mr. Sadanand Chandekar was a famous stand-up comedian of his time. It is only right to say that art has always been in his DNA and has always been something that excited him right from the very beginning. His love for art made me choose advertising as a career.

    They are a team of 20  people and the majority of the team consists of women which further makes the workplace more empowering.

    AAIBA Design – The Idea and Startup Story

    Saurabh started his career working at advertising agencies. Working with corporate helped him hone his advertising skills for which he also won a lot of accolades. This helped him gain the confidence to start his own agency. It was easier to win the trust of the clients with the credentials he had with his previous work experience and he knew, he could do much more with his own brand. Hence, AAIBA was born in 2015 and he was able to put his passion and skills to best use and serve its clients with the best advertising and creative solutions.

    AAIBA Design Logo
    AAIBA Design Logo

    They haven’t illustrated too much into the making of the logo, it is simply an ode to the founder’s Aai and Baba, his inspirations and pillars of strength. Hence the name, AAIBA.

    AAIBA Design – Services

    They offer a variety of services in their advertising agency. Research and Analysis are our strong points. They make sure that every solution offered to each client is customized according to their brand’s needs. They offer deep-rooted insights, psychological aspects are taken into consideration and then they walk their clients through the process offering consultations that could help their brand further.

    AAIBA Design – Business Model

    AAIBA Design provides all kinds of design services to its clients right from the crafting of their company name to designing their first logo to positioning the brand in the market, they explore all kinds of value additions in terms of manufacturing, vendor management, etc. They are a design consultancy company that provides the best solutions for all our clients.

    AAIBA Design – Revenue Model

    They are not a manufacturing unit selling a tangible product, they are a service company with a revenue model fluctuating and changing all the time. The cost of IPs ( Intellectual Properties) run the whole show. There is no fixed cost involved because there is no specific rate card for the services they offer since services differ according to the project. They are a bootstrapped business. Bootstrapping is the best business model one can opt for because it is easier to drive a company without the involvement of investors. It is easier to have things play out the way you want and thus do justice to your visions and goals.


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    AAIBA Design – Customer Acquisition

    One of the highlights of AAIBA design is that they never had to hire a marketing manager or business developer to promote their business. They believe that credibility plays an important role in acquiring customers. The more real you are the better. They ensure that they put their best foot forward and deliver the best services. It is important to be genuine and consistent with clients throughout the time together. Perseverance and sincerity is the key to success.

    When AAIBA Design first started they had only 3 accounts and fast forward to today they cater to 35 clients. It is not an easy task to start an agency, especially a creative one which has immeasurable parameters to consider. It is a vague process but it is not rocket science. Getting the confidence of your clients and being genuine in what you do is what keeps the business running and growing. Basically, you are selling your soul but in a good way.

    AAIBA Design – Achievements

    AAIBA Design FOOD FESTIVAL
    AAIBA Design FOOD FESTIVAL

    Some recognition attained by AAIBA Design are:

    • They are working on one of TOP 3 clients in the world – Capapie Sports, they are a sports equipment brand for shooters participating in various world games.
    • They also executed notable campaigns for D’lecta Foods – FETA Cheese range. The consumer communication carried out was aiming to introduce the audience to a new category of cheese i.e the FETA cheese or the healthier cheese. A cheese specific to salads, the campaign ‘ The Perfect Salad Cheese’ promoted the range through various retail store promotions, print promotions, social media, etc. For social media, the AAIBA team came up with original healthy recipes for the audience. The team leaned towards highlighting the nutritional facts of the products as opposed to typical ‘delicious cheese’ appeal that is used.
    • One of the highlights of my career was conducting this art exhibition in Mumbai, earlier this year, which was inaugurated by Aaditya Thackeray – #MumbaiInFrames.  It was so well received by the audience and definitely something I am very proud of.
    • In 2020, AAIBA was felicitated with the  Grand Jury Award at NYX Marcom Awards. We designed a campaign for the Isuzu X Food Festival bringing local hidden flavours and rare delicacies from different regions under one roof, taking guests on one of a kind food adventure. As a visual language, the illustrated versions of food were derived so as to create interest around the food. The colours and style of the illustrations were designed to take the audience closer to the regional culture. The entire illustrated campaign was conceived as a mood setter for the festival.
    AAIBA Design FOOD FESTIVAL - STUDIO NYX AWARD-08
    AAIBA Design FOOD FESTIVAL – STUDIO NYX AWARD-08

    AAIBA Design – Work Culture

    AAIBA is a family with no hierarchy in the company. They do not encourage toxicity at the workplace and Saurabh Chandekar himself makes it a point to stay connected with employees at the family level. They have always promoted a friendly atmosphere in the company.

    They are always looking to empower the workplace by hiring more and more talented individuals and making the workplace more comfortable which is why there is no hierarchy present in the organization. This gives individuals room to grow and bring in their best creative selves.

    AAIBA Design – Competitors

    Many colleagues and friends of founder are working in the same industry but he have never seen them as competitions nor has he ever been threatened by their work. It is imperative to have so much faith in yourself that you shouldn’t be distracted by others’ success and that’s what AAIBA Design abide by.


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    AAIBA Design – Tools Used in the Company

    Some tools AAIBA Design uses are:

    • Illustrator
    • Photoshop

    AAIBA Design – Advisors and Mentors

    Saurabh Chandekar considers his Aai and baba as the primary mentors, personally and professionally. In the Advertising world, he have always looked up to Ex Ogilvy NCD, Nipun Salvi and  sir, Piyush Pandey, Ogilvy.

    AAIBA Design – Awards and Recognitions

    In the year 2013, AAIBA Design won the prestigious ‘Cannes 2013’ for the Lifebuoy Roti Campaigns.

    Awards won by AAIBA Design are:

    • AFAQS Foxglove 2019 – Best social media campaign
    • AFAQS Foxglove 2017 – Best print campaign – Silver
    • INDI POOL Magazine Nominated amongst India’s top 3 Best Graphic Design Studios
    • IDA Design – Los Angeles – International award for poster design category – Bronze Metal
    • AFAQS Foxglove 2018 – Best print campaign – Silver Meta
    • AFAQS Foxglove 2018 – Best non traditional media campaign – Gold Metal
    • Design Thinking Conclave 2018 – Best design thinking organisation.

    AAIBA Design – Future Plans

    In the next 5 years, they plan to take ‘AAIBA’ overseas and expand globally. Going global and offering their services to international clients has been our mission for the longest time and fulfilling that would certainly be a dream come true for me just like any other entrepreneur.

    FAQs

    When was AAIBA Design founded?

    AAIBA Design was founded in 2013 in Mumbai.

    Who is the founder of AAIBA Design?

    Saurabh Chandekar and Rasika Chandekar are the founders of AAIBA Design.

    What does AAIBA Design do?

    AAIBA Design is a Mumbai based design studio that provides solutions for advertising and brand communication strategy & design.

  • Brand Strategy Checklist for Building a Successful Brand

    We all realize how tough it is to start a company or a brand, but letting the rest of the world know about it and promoting it in a positive manner is much more challenging. With the industry being so crowded and competitive, you’ll need to develop a brand strategy so you can work accordingly and supply all of the tools you’ll need to expand your business.

    A well-thought-out brand strategy may be extremely effective and profitable to a company, but it takes time and effort. With your approach, you must be patient and logical, and you must trust the process. But the most difficult element is figuring out how to create a strong brand strategy and how to implement it in the business.

    So, first, let’s discuss what a brand strategy is and how it works, and then we’ll talk about how to create one later in the article.

    What is a Brand Strategy?
    Importance of Brand Strategy
    Brand Strategy Checklist

    What is a Brand Strategy?

    A brand strategy is a plan or collection of tactics devised and implemented by a company in order to project a positive image of the company to the customer base. Image matters a lot. When a customer buys your service, they will look into the brand’s reputation since it gives them confidence in the purchase they are making and ensures that the service or product provided by the business is of high quality.

    So to make your brand look more legitimate and have a positive image for the customers, you must have a good brand strategy to perfectly build your brand. Customers will form an impression of your brand as a result of this, and your brand will stand out in the competition.

    What is Brand Strategy and How to do it?

    Importance of Brand Strategy

    An effective brand strategy emphasizes your brand’s message while also promoting a positive picture of your company. It will be difficult to track your company’s development and set goals for the long run if you don’t have a brand plan in place. If you want your firm to expand consistently, having a solid brand strategy and plans to implement it can be really beneficial.

    Following are some benefits of Brand Strategy:

    1. When you have a proper brand strategy and you are following it strictly, then you do not have to worry about all the useless advice people will give you to grow your company or make a profit.

    2. As you now have a solid brand strategy, assist you in focusing only on the plan and strategies you have mapped out for your business. You will save a lot of time and money now that you have a strong plan and know what to do.

    3. You will see an increase in the number of clients if you have a clear strategy and plan in place to improve the company’s image and generate an appealing brand. Positive branding and a good reputation are known to attract new customers and keep existing customers coming back for additional purchases.


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    Brand Strategy Checklist

    A solid branding plan should help spread the word about your company. An effective brand strategy should make people aware of what you’re offering and that you provide the best service, at least better than your competitors. But the difficulty is how to construct one and which tactics should be used and which should be avoided.

    Following are some steps one can follow to make a successful brand strategy:

    Understand Your Business

    If you want to build a strong brand strategy, you must first understand your business, what you want to get out of it, and how you want people to perceive it. The most important thing is to be aware of your competitors. Know your staff and how they may contribute to the company’s and their own personal growth by working more efficiently.

    Set Realistic Goals

    Set Realistic Goals for building Branding Strategy
    Set Realistic Goals for building Branding Strategy

    When you’re starting a business and don’t have a lot of devoted consumers, you should create clear goals and numbers for yourself and your company, and try to make them reasonable, as setting realistic goals for yourself and your organization is the main challenge.

    Know What Your Business’s Major Offering Is

    One should have a clear understanding of what their company has to offer and devise strategies for getting the information out to the public. It will be the best opportunity to build a dedicated fanbase if the company has a core offering and the quality is guaranteed.

    Having a Solid Brand Strategy That Attracts Investors

    It raises the value of your brand and confirms the legitimacy of your company when you have a sound brand strategy and present it to investors in a clear and simple manner. So, if you want to attract investors and grow your firm, you’ll need a brand plan. Your investors may not take your goals and opinions seriously if you don’t have a brand strategy.

    Know about the Target Audience

    It’s possible that your business may suffer if you don’t know who will buy the service you’re selling or what their purchasing habits are. Work hard to understand your target audience so that you can create a strategy and marketing plan around them.

    Conclusion

    The success of a brand is determined by its effective brand strategy and expertise in the industry. If you don’t have a clear brand strategy in place, you may find yourself making hasty decisions. Know your brand and the message you want to send through it, as well as the primary service you’ll provide to your clients. Branding strategy aids in the development of a better image and general validity. This is advantageous if you want investors to approach you and invest in your company.

    FAQs

    Why is brand strategy important?

    An excellent brand strategy aids in the development of a great reputation. It establishes who you really are as a company and concentrates your long-term objectives.

    Who invented brand strategy?

    Neil H. McElroy’s memo at Procter & Gamble is credited with launching the contemporary field of brand management.

    Why do you need a brand strategy?

    Maintaining a regular brand strategy makes it easier to connect with its customers. The more constant your advertising is, the more probable it will be successful in attracting and keeping customers’ trust.

    What are the three main types of Branding?

    Three main types of brands are:

    • Company Branding
    • Product Branding
    • Personal Branding