The first option they considered was trying to get the right franchisees on board. If they could achieve this, those franchisees could act as influencers for them in prime locations in metro and Tier 1 cities, making their brand look fantastic at the national level. The second option they considered was to continue to expand in Tier 2 and 3 cities and to try to become an aspirational brand for the majority of urban and rural Indians. The other option they were looking at was getting an infusion of venture equity and opening professionally managed, company-owned, company-operated outlets in metro and Tier 1 cities. They engaged the services of a brand consultant to help them understand how their brand was perceived and valued in the minds of their target audience and to advise them on how to leverage this information to fulfill their dreams.
Go Pure: Transitioning from a Regional to National Brand
Brajesh Bolia, Harjot Singh, Kiran Sharma, Neeraj Pandey
Product #:W36155
Supplier:Ivey
Discipline:General Management, Marketing
Setting:India, 2023
Subjects:
Industries:
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Learning Objectives
- Understand and apply marketing concepts such as marketing mix, Porter’s five forces, Kapferer’s brand prism, and Ansoff matrix.
- Understand consumer expectations and conduct competition analysis.
- Apply the concepts of brand positioning.
- Evaluate marketing strategies for transitioning from a regional brand to a national brand.