Tag: moment marketing

  • boAt Marketing Strategy: How boAt is Ruling the World of Sound

    boAt is a leading consumer electronics brand founded by Sameer Mehta and Aman Gupta. Keeping in mind these three goals, the brand is to bring affordable, durable, and fashionable audio products and accessories to the millennials.

    These two understood the need and the gap in the Indian market and decided to find a solution to the problem effectively. They found that consumers in the Indian market needed long-lasting and tangle-free earphones that were of good quality and affordable. boAt is one of the leading brands in the earwear category in India. Let’s look at marketing strategies of boAt.

    About boAt – You Are Now Plugged Into Nirvana
    Marketing Strategy of BoAt
    Covid-19 Marketing Strategy of BoAt

    About boAt – You Are Now Plugged Into Nirvana

    boAt was founded by Sameer Mehta and Aman Gupta. Sameer Mehta owns Redwood Interactive, which has computer gaming peripherals under the brand RedGear. Aman Gupta, the CMO who was fascinated by electronics and gadgets, has also worked at JBL for two years. He has completed his MBA (Masters in Business) from the Indian School of Business (ISB).

    boAt began its journey as a cable manufacturer and now it has leveraged its brand into selling men’s grooming products, too. boAt has a wide range of product categories, including speakers, wireless earphones, earphones, smartwatches, home audio devices, mobile accessories, and more.

    boAt is creating a strong position in the market because it is a homegrown product that was established in 2016. boAt has become a well-known brand now. It is globally the fifth largest wearable brand and India’s number one earwear brand.

    The brand has headquarters in Delhi, India, and offices across Delhi and Mumbai. Falls under the Industry of manufacturing computers and electronics. ‌‌Competitors of boAt include JBL, Realme, OnePlus, Noise, and Mivi.

    Marketing Strategy of BoAt

    Influencer Marketing

    boAt Marketing Strategy – Influencer Marketing

    boAt is no stone left unturned regarding influencing people with influencer marketing. BoAt has not struck the deal only with influencers but also with celebrity endorsements, cricketers, content creators, and even stylists.

    Celebs like Jacqueline Fernandes, Kartik Aryan, and Kiara Advani, as well as content creators like Prajakta Koli, Harsh Beniwal, and Bhuvan Bam, are on board to promote the products of boAt.

    Musicians like Harry Sandhu, Neha Kakkar, and Diljit Dosanjh also endorse their products. Apart from that, cricketers like Shikhar Dhawan, Hardik Pandya, KL Rahul, and Shreyas Iyer have long been endorsing their products.

    boAt Marketing Strategy - Bhuvan Bam
    boAt Marketing Strategy – Bhuvan Bam

    Digital Marketing

    boAt digital marketing strategy is a big player in the company’s marketing strategy. All the marketing strategies employed by boAt, including boat advertisement, are listed below:

    Mobile Marketing

    Using this multichannel online marketing technique. boAt reaches out to its consumers through its mobile application, emails, and SMS marketing.

    Email Marketing

    boAt sends personalized messages to its existing and potential customers who agree to share their email to receive updates from them. They send quirky, catchy, and crisp emails. Whether it is updating the audience about a new product, offers, and discounts or communicating their message across.

    Personalized Message Strategy

    Personalized Message Strategy - boAt Marketing Strategy
    Personalized Message Strategy – boAt Marketing Strategy

    For boAt to succeed, it focused on great customer service to give the best experience with its products. They sent personalized emails and messages, set up a customer care helpline, customized warranty policies, and kept customer needs in mind when designing new products.

    boAt also created a special “Do what #floats your boat” page on its website. They ran boAt marketing campaigns to build a strong community, offering customers quick help and guides for using products based on their preferences.

    Social Media Marketing (SMM)

    boAt sails swiftly navigating the digital realm and is an expert at social media marketing. The company has a presence on Instagram, Facebook, Twitter, YouTube, and LinkedIn.

    Hashtag Marketing with Unique Hashtags

    • #whatfloatsyourboat
    • #boatheads
    • #trebelwithboat
    • #levelupwithboat
    • #raisethebar

    These are just some of the hashtags that have made the rounds on social media platforms. Making the audience chime in on the conversation.

    Storytelling Through Social Media Campaigns

    boAt Marketing Strategy - boAt Comic Saga
    boAt Marketing Strategy – boAt Comic Saga

    Illustrations have been made and shared on Instagram stories under the name boAt adventures to charm and get the attention of comic lovers and the audience.

    In a video from the most recent campaign, you always do what floats your boAt, run by the name and hashtag, and do what makes your boat float.

    The most recent one that is derived from the idiom do what floats your boat, caters to the gen-z the most and is getting a niche audience of its own to integrate the product with the culture and lives of skaters, street artists, and more.

    Another campaign features Kiana Advani, Bani J, Raja Kumari, and other strong women with an upbeat music video with the title “I am a rebel” The range of TRebel has a direct link to the campaign.

    Digital campaigns have helped connect the right type of content with the right people in real-time.


    boAt Success Story: How It Became the World’s 5th Largest Wearable Brand | Valuation | Business Model | IPO | Funding
    boAt is a Gurgaon-based company founded by Aman Gupta and Sameer Mehta in 2016. Discover more about boAt’s business model, founders, valuation, startup story, origin country, acquisitions, IPO, funding, logo, and more.


    Moment Marketing and Collaborations

    IPL

    boAt Marketing Strategy - IPL Collaboration
    boAt Marketing Strategy – IPL Collaboration

    This is a big shot for boAt. Their exclusive collections include earbuds. Made available in all different colors and for the teams of the IPL cricket team. The company seized the moment to grab the attention of cricket fans and persuade them to get the product fit for their favorite teams.

    The Marvel Collection

    boAt Marketing Strategy - boAt Marvel Collaboration
    boAt Marketing Strategy – boAt Marvel Collaboration

    The most recent collection was launched by them or for the Marvel fanbase. Collections for characters like Iron Man, Captain America, and Black Panther. Which features a special collection of earbuds, headphones, and speakers for Marvel fans.

    Independence Day

    boAt Marketing Strategy - boAt Made in India
    boAt Marketing Strategy – boAt Made in India

    They seized the perfect moment to announce the launch of the following products, Bassheads 100, Bassheads 152, and Rockerz 255 Pro, starting on 27th January 2021. To fulfill the vision of ‘Make in India‘ and manufacture other mobile accessories as well in the country itself. Focusing on the mission of Atma Nirbhar Bharat.

    The Masaba Collection

    boAt Marketing Strategy - Masaba Collaboration
    boAt Marketing Strategy – Masaba Collaboration

    When the web series Masaba Masaba was rolling out, they were quick to grab the opportunity and release an exclusive collection. This included their signature sound with the vibrant style of Masaba Gupta. Also, the fashion theme from the web series will be integrated.

    Experiential Marketing

    boAt Marketing Strategy - Sunburn Collaboration
    boAt Marketing Strategy – Sunburn Collaboration

    boAt gives an experience to the people that they can’t forget through concerts. Engaging the audiences in two-way communication, the most common elements found in all these partnerships, concerts, and tours were photo booths and nirvana zones. All where the audience was encouraged to participate. The brand shared the stories of its audiences on its official page on Instagram, making an emotional connection and building a loyal fan base. Through this, they generated buzz and gained media coverage.

    The Takeover Tour – 2020

    boAt Marketing Strategy - The Takeover Tour Collaboration
    boAt Marketing Strategy – The Takeover Tour Collaboration

    Concerts are with musicians like AP Dillon, with the takeover tour. It has so far completed five chapters in different cities around India, including Mumbai, Chandigarh, Goa, Gurugram, and Hyderabad.

    The Sunburn Festival in Goa – 2019

    Tyga, Yellow Claw, DJ Snake, and Wiz Khalifa were some artists performing at the festival.

    boAt has also collaborated with T-Series, the Lakme Fashion Week show, Dolby, and teams from IPL like Kings XI Punjab, Delhi Capitals, and Brut, which is surprising and odd, given the aim to transcend beyond music.

    Community-Based Marketing With The #Amboathead

    Engaging the community on social media platforms like Instagram and sharing the pictures clicked by them for their boAt products on their stories is a great way of building a sense of community; it also has its hashtag, #Amboathead‌‌.

    They also have giveaways for their products and contests to keep the audience in the conversation. The hashtag #IAmboAthead has more than 500 posts. The brand is surely building its own tribe. Not only this, the brand has established its own lingo for the community from A-Z to give the clan a sense of belongingness and being a part of it.‌‌

    Leveraging the Brand Using Consumer Insights

    The brand started with the category of sound devices, which includes wireless earbuds, Wireless Headphones, wired headphones, and wireless speakers. Now, the brand is expanding its empire, aiming at men’s personal grooming – misfit, audio wear for fierce women and girls – with TRebel, which sounds like a fashion item as well, and the most recently launched collection of smartwatches.

    The brand has now launched a smartwatch and trimmers and continues to innovate its products by launching many limited edition collections. The brand is not what it is today without funding.

    Navi Technologies, Fireside Ventures Warburg Pincus invested a hundred million, InnoVen Capital invested 16 crores in 2019, and Sachin Bansal’s BAC acquisitions also pledged 20 crores.

    boAt is now the fifth-largest wearable brand globally, and the most recent news on funding involves Qualcomm investing in boAt.

    Personalized Marketing

    boAt sends out targeted emails, makes short videos that resonate with the consumers, and consistently interacts with their customers on their social media platforms, which increases the consumer’s satisfaction and loyalty towards the brand. They keep track of consumers’ behavior, purchasing habits, preferences, email open rates, and more tactics.

    boAt Marketing Strategy - Print Advertising
    boAt Marketing Strategy – Print Advertising

    Though digital plays a substantial role in the marketing strategy of boAt. Using print mediums is not dead for them. Print ads for different newspapers are still used by boAt and also up with retailing with distributors like Croma. But now, the paradigm is shifting from business to consumers.

    Targeting the Right Audience

    Affordable yet with great product quality that enhances the user experience, listens to the feedback from their customers. They are also tech disruptors. Constant innovation of products and understanding their audiences are great advantages of boAt. It has something for everyone from millennials, the misfits, Gen-Z, skaters to gamers.

    Meme Marketing – Keeping it Relevant With Memes and Language

    boAt Marketing Strategy - Meme Marketing
    boAt Marketing Strategy – Meme Marketing

    Having a very deep understanding of its audience, boAt has tagged its products in the internet language of lifestyle choices like sports, travel, WFH (work from home), and fashion.

    Portrayal as a Lifestyle Product

    boAt Marketing Strategy - Lakme Fashion Week Collaboration
    boAt Marketing Strategy – Lakme Fashion Week Collaboration

    Right from the start, boAt as a brand has been portrayed as a lifestyle brand. So much so that the word “lifestyle” is followed on their website. And not as a brand that manufactures computers and electronics, which it is. To occupy the space in the consumer’s mindset, the products of boAt are something that we use daily and also make a fashion statement. The models at the Lakme Fashion Week walked on the ramp wearing boAt’s products when boAt collaborated with them.


    boAt Business Model | How boAt Makes Money
    Explore boAt’s business model and how the brand generates revenue by selling affordable, high-quality audio products through e-commerce, retail stores, and strategic partnerships.


    Covid-19 Marketing Strategy of BoAt

    The following changes were seen in the marketing strategy of boAt company during the pandemic:

    Fixing the Core of SEO

    The brand focused on SEO to stand out from the clutter, using this tactic for better reach in the digital space.

    Giving Value to the Consumer

    They focus not only on the brand but also on what consumers look for in a product. For example, there is always some quality that the consumer is looking for when using a product to satisfy their need or wants. boAt makes it a priority to identify that.

    Data and Research

    Keeping a close eye on customer feedback and tracking repetitive patterns, if any, were found to evaluate the overall effectiveness of their products.

    Using YouTube

    They created short videos on YouTube with display ads that were short, crisp, and on-point. Which also included video sequencing with display ads.

    Fulfilling the Promise of the Product

    Their products deliver the value that the consumer is looking for.

    Data-Oriented Approach

    Building the personas of their target audience and narrowing it down to every trait helps them know who exactly they are targeting.

    Storytelling

    Showing the brand as part of the story gets their audience emotionally invested and feel like a part of their growing tribe.

    Keeping a Check on KPIs

    Keeping the brand alive in the consumer’s mind and retaining them. And leveraging the brand and using consumer insights.


    Success Story of Aman Gupta: CMO and Co-Founder of boAt
    Explore the inspiring success story of Aman Gupta, from his early achievements to leading one of India’s top consumer electronics brands. Discover more about his education, CA journey, family, and more.


    Conclusion

    boAt, in short, has been leveraging its brand with creative, crisp, short, and smart marketing campaigns. Their marketing strategy is very smart. Since most marketing plans include selling their products online. They have taken advantage of the opportunity to connect with their audience at the right time and listen to their feedback, which is made possible through digital platforms.

    Another major advantage includes making the target audience remember the brand by establishing a unique position in their minds by giving them something valuable and experienced with the help of experiential marketing.

    Moreover, they have employed different tactics during the pandemic to stay relevant in the market and have come out even stronger. Being the leading audio wearable brand in India.

    FAQs

    What is boAt?

    boAt is a consumer electronics company that specialises in the manufacturing of audio and wearables. Incorporated on November 1, 2013, by Sameer Mehta and Aman Gupta, boAt is an India-based company with headquarters in Delhi.

    What is mission and vision of boAt company?

    The boAt was founded with the “sole aim of bringing affordable, durable, and more importantly, ‘fashionable’ audio products and accessories to millennials”, which can be termed the mission and vision of Boat company.

    What are the marketing strategies employed by boAt?

    Email marketing, social media marketing, influencer marketing, and brand collaborations are some of the marketing strategies employed by boAt.

    Is boAt a profitable company?

    boAt is a leading brand in the earwear category that generated a loss of Rs 129.4 crore in FY23.

    How are Boat campaigns?

    Being a market leader in the audio and wearables segment, Boat has surely seen some unique and effective campaigns to date. The company recently launched the campaign to launch the women-only audio lifestyle segment, which started with Raja Kumari and featured Kiara Advani Bani J and others.

    Is boAt an Indian company?

    Yes, boAt is an Indian consumer electronics brand that is leading in the earwear category.

  • How do Brands Leverage Moment Marketing? | Examples of Moment Marketing

    Businesses are always looking for new methods to interact with consumers, and they’ve started turning to moment marketing to convey their point over more effectively. Like you can see in cases here, firms were wise with their use of fads to attract folk’s interest for a great time.

    What is moment marketing?
    How did these Top Brands Leveraged Moment Marketing
    What is ambush marketing?
    FAQ

    What is moment marketing?

    Moment marketing is a tactic that allows firms to capitalize on any current occurrence across the world. It might be headlines or a current event to make reading material in order to amaze their viewers online, and it is now one of the primary strategies that businesses utilize on their own site to strengthen their connection with their customers.

    Moment marketing is defined as the dissemination of promotions and campaigns that are inspired by recent events. It is being used by everyone from meal shippers to FMCG companies to govt agencies to capture customers’ attention on online platforms.


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    How did these Top Brands Leveraged Moment Marketing

    Sacred games tweets:

    Sacred Games Moment Marketing
    Sacred Games Moment Marketing

    The sequel to Sacred Games was going to be released. It was a tense situation. As a result, firms took advantage of the chance to build ads rich in criticism and conversation from the show. Millennials like being updated upon each fad on social sites at all times, and this is where moment marketing comes in.

    Amul – The taste of India:

    Amul Moment Marketing
    Amul Moment Marketing

    Amul, a milk company is among the top moment marketing case studies. Several content writers in India have become known for writing about the brand’s classic advertising, which people still anticipate.

    Amul Trump Moment Marketing
    Amul Trump Moment Marketing

    In reality, Amul has shifted platforms over time, shifting from actual adverts to social networks, and they have stayed pertinent even during pandemics.

    #RahulBose

    Rahul Bose Tweet
    Rahul Bose Tweet

    A similar instance occurred a few years back and was made public. Rahul Bose, a Bollywood actor, was vacationing at a five-star hotel in Chandigarh and requested 2 bananas after his gym.

    The bananas were sent, but the fee was INR 442.50. He posted the bill on Twitter, often to his surprise, and a chain of debates ensued. In this situation, brands quickly began promoting their views with the help of moment marketing.

    Rahul Bose Moment Marketing
    Rahul Bose Moment Marketing

    Moment marketing does not just encourage innovation, but it also piques people’s interest and keeps them engaged until it becomes ambush marketing.


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    What is ambush marketing?

    It’s a marketing tactic in which a marketer disrupts an occasion to compete with other marketers in that context.

    P. V. Sindhu’s win used as a tactic – A short case study

    This year, India was lucky to earn seven medals at the Tokyo 2020 Olympic Games, including a bronze medal by our star badminton player P.V. Sindhu, who made a big impact. So, in an act of moment marketing, numerous businesses pushed their ideas into the discussions that were currently occurring in order to capitalize on her triumph and, in that regard, appeal.

    Pv Sindhu Moment Marketing
    Pv Sindhu Moment Marketing

    Brands took advantage of the situation. To capitalize on the present scenario, P.V. Sindhu’s agency, Baseline Ventures, stated that she could file a lawsuit on 20 brands, including FMCG corporations and even government entities, seeking a claim of worth up to Rs 50 crore. All this occurred when a fine line was crossed between moment marketing and ambush marketing.

    The issue comes when a firm takes some risks in order to garner misperception in the eyes of people in hopes of gaining traction. Let me offer you an instance: If P.V. Sindhu is an endorser for a toothpaste company like Colgate, and she won a bronze medal, Colgate is clearly filling their social platform with key information because she is their endorser, but suppose Pepsodent does it in lieu of moment marketing. It’s where the issue will emerge, and the endorser will be held accountable for the brand they are promoting.

    So, in recent times, when the planet is controlled by social networks and folks have relatively busy lives, moment and ambush marketing have become increasingly popular. There are millions of prospects in moment marketing, but all affected parties, including brands, agencies, and innovative authors, must reassess their advertising strategy to make the best of the situation.

    Conclusion

    When it pertains to sports activities, official news, films, Tv show, and events, moment marketing is an excellent approach to engage with folks and capture their interest. For the incredible chance, you should combine time and material.

    In a nutshell, it creates genuine relationships among firms and customers, makes it simpler to be found, and boosts brand recall. Someone tweeted a remark on digital marketing that said, “The good news is that nothing lasts forever, and the bad news is that nothing lasts forever.” I’m not sure if you want to live in the present, but brands are obsessed with it.

    FAQ

    How do you create a marketing moment?

    Make sure your product is the Center of your Campaign, Throw in some humor, and Connect your brand with the latest events.

    What is moment marketing?

    Moment marketing is an approach that focuses on targeting your business to consumers at the moment it matters.

    What is the best marketing strategy?

    Educate consumers with your content, Personalize your marketing messages, Invest in original research, and Update your content regularly.

  • While the whole of Mumbai was rebooting, brands didn’t miss out to capture this moment as a marketing opportunity

    A city that never sleeps experienced a widespread power outage. While the whole city was experiencing an outage brands didn’t miss out to capture this moment marketing opportunity. Many of the digital marketing teams had their content marketing teams out to communicate in their own flavor.

    Twitter and Instagram continues to gain moments during these times. Many people took to twitter to use humor to deal with the situation. Some of the brands found this opportunity as an excellent marketing strategy and handled the situation with a bit of humor.

    YouTube India


    Tinder India


    Amazon Prime India


    Bisleri India


    FAASOS

    Society Tea

    Burger King India

    Montex India

    Business tycoon, Anand Mahindra shared this regarding the Mumbai power cuts.



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    Netflix is a player which has always been taking advantage of moment marketing. The OTT platform has been regularly using Twitter as a medium for reaching out to its audiences. In the most recent instance, the OTT platform tweeted about the power outage in Mumbai.

    Moment marketing uses offline experience, particularly in TV shows and sporting events, to drive or trigger online interaction. It is also seen as the next big thing in the content marketing strategy.

    Interestingly, if we analyze this space, Amul, a dairy brand, has always been the leader when it comes to ‘moment marketing’. The Amul girl has always been topical and spoken to the country on various political and non-political developments in real time. Till date, Amul Girl amuses the Indian audiences with its phenomenal one liners nearly every day.