Download - Godrej Interio Research - Branding

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Page 1: Godrej Interio Research - Branding

By,Gautham N

Page 2: Godrej Interio Research - Branding

Godrej Group • Founded in 1897• Founders : Ardeshir Godrej & Pirojsha Godrej• Revenue(2012-13): USD 3.3 bn• 26000 employees• Godrej group is classified into two groups

– Godrej Industries– Godrej & Boyce Mfg. Co. Ltd.

• International presence – Malaysia– Singapore– Vietnam – Middle east

Page 3: Godrej Interio Research - Branding

Godrej Group

Genesis

First Lock with lever technology

First Indian Safe

India's first indigenous typewriter

Manufacturing of Forklift Trucks in India

First company to introduce PUF

( Polyurethane Foam)

Colorful logo and a fresh identity music

GoJiyo a free, browser based 3D virtual world

1897

1902

1955

1961

1989

2008

2010

Shutdown of Typewriter

manufacturing

2011

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Godrej Interio• A division of Godrej & Boyce Mfg. Co. Ltd.• 80 years old brand. • Started with manufacturing of cupboard.• Provide home furniture, office furniture, setting up laboratories, hospitals

education and training institutes, shipyards, auditoriums and stadiums. • Presence across India

– 50 exclusive showrooms – 18 cities and through – 800 dealer outlets.

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Research methodology• Convenience sampling• Sample size of 45 (M:20 F:25)• Covering age group from 20 to 40+• Sample Geographic location : Chennai, Mumbai, Delhi, Calcutta.

• Questionnaire - 21 questions.- Each face of the prism was considered and were converted to a open

ended question to receive responses.

• Analyzing pattern

- The factor with the highest sum is being assigned to different faces of brand namely personality , Identity

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Sample diversification

15

20

10Age group

20-30

30-40

40+

Ow

n it

visi

ted

a sh

owro

om

my

rela

tive/

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nd h

as

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e no

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prod

ucts

Seen

pro

duct

s on

the

web

site

0

20 916 11

29

Awareness of Godrej Interio Products

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Key Findings• Stylishness as a factor in buying furniture 69%- agreed and strongly

agreed. • Eco friendliness as a factor 42% have disagreed compared to only

29% who have agreed upon it.• The top three responses on the Godrej’s new look

– Eco friendly (88%)– Fresh (84%)– Modern (77%)

• Public’s perception towards GODREJ INTERIO users– Rich – Sophisticated– Stylish– Loves brands

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Brand Repositioning

New Customer target to attract

- Young Married couples. - age group of 25-44.- SEC A+, A and B+.

1. Dad’s brand2. Industrial Brand

3. Old man4. boring

Colorful, vibrant , youthful, No more a old man’s brand, Eco

friendly

Godrej would remodel the house of the participants free of cost, evaluating the feasibility of the transformation and creativity.

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Brand Personality (Source)

Company level sources

Symbolic Sources

Consumer based sources

94%

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Endorser :

Brand User:

Advertising Style

Endorser Personality- Perfectionist- Sincere- Hard working- Socially responsible

Percentage match of Personality between Aamir and Godrej Interio is rated on an average of 79.3 % . With highest being 93% and lowest being 56%

The Ad potrays, “young , independent ,modern & new Couple.

Technologically advanced products and stressing upon environment friendly as well

Godrej Brand Personality

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Brand Identity

Brand Identity : youthful , stylish and modern

Product placement : Lakme Fashion Week 2012,

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Brand Identity : Eco friendly

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Brand Extension

This could be termed as “Category extension”

- Gojiyo launched in 2010.- Acted as a seperate brand by itself - The above AD associates GOJIYO with Godrej Interio

“Related Extension”

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Personality - Trend setter , Amicable,Married, Young

Self-Image- Vibrant, Best quality, Youthful

Culture – Tech savy, Modern, Refreshing

Relationship - Rich, Sophisticated, Aspirational, stylish

Reflection- Expensive, Show off, Jus looks expensive

Physique - Reliable, Eco friendly, Style , Luxury, Innovative products

Brand Prism

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Brand Iceberg Colourful, godrej & boyce group, Aamir Khan, Brand repositioning, Old company, Cupboard manufacturer, Adi Godrej, Tanya dubash, Conglomerate group

Biggest private land owner in Mumbai, philanthropy, building schools , hospitals for employees, Godrej trust aiding the needy

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Mental mapping

youthful

Married couple

colorful

Indian

Tech savy

Over priced

Rich

Metro cities

cupboard

Modern Aamir khan

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