04 March 2011

Sprite: ‘fresh' brand journey


Sprite embarks on ‘fresh' brand journey

Coca-Cola India's clear carbonated soft drink brand, Sprite, has embarked on a new thematic campaign with the tag line ‘First Drink. Then Think'.

A set of three teasers launched the ‘University of Freshology' campaign a day before the ICC Cricket World Cup, on February 18, and the first ‘reveal' commercial was aired on February 25.

The campaign, encompassing on air, on-ground and digital, will be executed through the year. Sources estimate the marketing budget for the campaign to be in the region of Rs 35 crore. The creative agency behind the campaign is Ogilvy India.

The brand has shed its popular tagline ‘Bujaye only pyaas, baki sab bakwaas' with the new campaign. The insight was that today's teens find smart ways out of tough situations with ‘fresh thinking' — drinking Sprite has been portrayed in the television ads as a sure way to trigger fresh thought.

Digital media is playing a key role in the new campaign, starting with a new Web site — www.sprite.in — and an Indian Facebook page. Among several contests is one where visitors are invited to suggest smart endings to teasers that appeared on television. Suggestions getting the most ‘likes' (votes) will get made into a film. A new contest called CricWit will go live on the Web site shortly, and will be driven by the brand's Facebook fan base.

From brands talking to consumers in the old days, moved to having a dialogue with them. Now, with an application like CricWit, the brand Sprite will only provide a platform for consumers to express their thoughts. That will be part of the next phase of this campaign, where fans will be invited to comment on cricket, whether it's the World Cup or IPL. The most popular as decided by followers on Facebook will win prizes.

The on-ground leg of the campaign will be driven through ‘Sprite Gully Cricket Champs'. The third edition of the street cricket property will be hosted across 27 cities in 11 States, with 32 short-listed teams playing in each city. City winners will get a prize of Rs 1,00,000 and runners up will get Rs 50,000. City winners will play for a zonal title and a cash prize of Rs 5,00,000.

The April 2011 edition will be the biggest on-ground exercise by Sprite in the country. On-pack promotions and roadshows, besides radio, print and outdoor advertising, will support the property.

Street cricket is quick-paced, informal, has unusual rules, and is everything Sprite wants to be and stands for. In terms of timing, it will draw upon the youth TG (target group) in a leisure period starting mid-March.

The new campaign ushers in summer for Sprite, which claims to be the second largest carbonated soft drink brand (after Thums Up) with an estimated 14 per cent share.

‘Super Zoozoo'


Vodafone: After ‘Super Zoozoo' 


Vodafone has launched a campaign to promote 3G services with a series of television commercials during the ongoing cricket World Cup. The campaign marked the return of popular animated cartoon characters Zoozoos, with a ‘Super Zoozoo' performing heroics representing the superior quality of 3G services. A teaser campaign was launched at the start of the World Cup, and the ‘Super Zoozoo' was unveiled during the India-England match on Sunday, February 27

After the successful initial blast, the focus is on getting customers to experience the 3G services. The campaign with the Zoozoos was planned to leverage the World Cup, starting with the teasers. The India-England match was the best platform the company could have asked for to reveal 3G. There will be parallel communication targeting different segments going forward.

Marketing efforts

The company will focus its marketing efforts by segments, ranging from the early adopters of 3G to those unaware of possible services on the faster network.

The messaging will range from tariffs to product offerings on 3G.

The biggest challenge is to get customers to experience the 3G services. Customers can get a risk-free experience of the fast network and service offerings on 3G at Vodafone stores, with experience zones created for promoting 3G.

Noting that only 4 to 5 per cent of handsets in the market today are 3G enabled, A large part of 3G adoption is also hardware adoption. We will be communicating and helping increase the 3G enabled handset adoption. With 3G, it's not a question of competing with other service providers; it's about growing the pie.

Vodafone will also look to draw from its learnings around the world on 3G adoption and services.

Web access accounts for a large part of 3G usage globally. Having the largest 3G user base around the world, the Company understands consumer usage patterns and can bring some of those learnings to India. India could be a little different given peculiarity of the market, different segments, and the large prepaid base. There are likely to be two distinct streams of growth here — one from browsing and the other through localised utilities and services.

‘Unprecedented' hits

Vodafone is delighted that the ‘Super Zoozoo' campaign has received ‘unprecedented' hits on Facebook. The film was unveiled at 10 am on February 27 and attracted over 1,00,000 views in less than two days. Vodafone will continue to invest in marketing through digital media.

The brand must be hoping that the next time it unveils something as successful as the ‘Super Zoozoo', a large number of those viewing it on the web do so on 3G-enabled handsets.

Rural Internet Penetration


Rural India: Internet Penetration


"84% of rural India are unaware of Internet"

Although, Urban India has adopted Internet in large numbers (especially younger generation), Internet penetration in Rural India is close to zilch. Even though Government is making huge efforts to increase the penetration, it seems to be failing miserably.

According to the survey conducted jointly by IAMAI and IMRB, about 84 percent of people in rural India are not aware of Internet. The organizations believe that this lack of awareness is the primary reason that has prevented internet take-up in rural India.

The research further found that 38 percent of rural inhabitants feel no need for internet access. Further reasons for not using the internet include lack of an internet access point (31%), unfamiliar with computers (31%), no computer available (28%), need for guidance (28%), no electricity (22%), and not being able to afford internet (10%).

At present, common service centers and cyber cafés serve as the primary mode of accessing internet, with more than 70 percent of the rural population accessing the internet this way.

Union Budget 2011-12

Highlights of Union Budget 2011-2012


The Union Budget for 2011-12 has been announced by the Union Finance Minister, Mr Pranab Mukherjee, in Parliament on February 28, 2011.

OVERVIEW OF THE ECONOMY

  • Gross Domestic Product (GDP) estimated to have grown at 8.6 per cent in 2010-11 in real terms. Economy has shown remarkable resilience
  • Indian economy expected to grow at 9 per cent with an outside band of +/- 0.25 per cent in 2011-12
  • Exports have grown by 29.4 per cent, while imports have recorded a growth of 17.6 per cent during April to January 2010-11 over the corresponding period last year
SUSTAINING GROWTH
  • Fiscal consolidation targets at Centre and States have shown positive effect on macroeconomic management of the economy
  • Direct Taxes Code (DTC) to be finalised for enactment during 2011-12. DTC proposed to be effective from April 1, 2012
  • Areas of divergence with States on proposed Goods and Services Tax (GST) have been narrowed. As a step towards roll out of GST, Constitution Amendment Bill proposed to be introduced in this session of Parliament
INVESTMENT ENVIRONMENT
  • Discussions underway to further liberalise the FDI policy
  • SEBI registered mutual funds permitted to accept subscription from foreign investors who meet KYC requirements for equity schemes
  • Rs 6,000 crore (US$ 1.30 billion) to be provided during 2011-12 to enable public sector banks to maintain a minimum of Tier I CRAR of 8 per cent
  • Rs 500 crore (US$ 108.5 million) to be provided to enable Regional Rural Banks to maintain a CRAR of at least 9 per cent as on March 31, 2012
  • “India Microfinance Equity Fund” of Rs 100 crore (US$ 21.7 million) to be created with SIDBI.
AGRICULTURE
  • Rs. 300 crore (US$ 65.1 million) expenditure to promote 60,000 pulses villages in rain fed areas for increasing crop productivity and strengthening market linkages
  • Proposal to spend Rs. 300 crore (US$ 65.1 million) to promote oil palm plantation in 60,000 hectares and Rs. 300 crore (US$ 65.1 million) for the initiative on vegetable cluster
  • Rs 400 crore (US$ 86.8 million) is proposed to be spent to improve rice based cropping system in the Eastern Region.
SOCIAL SECTOR
  • The allocation for social sector has been increased by 17 per cent to Rs. 1,60,887 crore (US$ 34.9 billion) which amounts to 36.4 per cent of the total plan allocation.
  • Remuneration for Anganwadi workers have been increased to Rs. 3000 (US$ 65.1) per month from Rs. 1500 (US$ 32.6) per month while the Anganwadi helpers will get Rs. 1500 (US$ 32.6) per month. This will be effective from 1st April 2011 benefiting about 22 lakh Anganwadi workers and helpers.
EDUCATION
  • The allocation on education has been increased by 24 per cent to Rs 52,057 crore (US$ 11.3 billion). Sarva Shiksha Abhiyan gets Rs 21,000 crore (US$ 4.6 billion) which is 40 per cent higher than the previous year’s allocation of Rs. 15,000 crore (US$ 3.3 billion)
  • The Finance Minister also proposed to introduce a scholarship scheme for needy students belonging to the Scheduled Castes and Scheduled Tribes studying in classes IX and X. It would benefit about 40 lakh students
HEALTH
  • Plan allocation for Health has also been increased by 20 per cent to Rs 26,760 crores (US$ 5.8 billion). The Rashtriya Swasthaya Bima Yojana will be extended to the unorganized sector workers in hazardous mining and associated industries
HOUSING SECTOR

  • Existing scheme of interest subvention of 1 per cent on housing loan further liberalized
  • Existing housing loan limit enhanced to Rs 25 lakh (US$ 54,271.1) for dwelling units under priority sector lending
  • Provision under Rural Housing Fund enhanced to Rs 3,000 crore (US$ 651.3 million)
  • To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund to be created under Rajiv Awas Yojana
  • Central Electronic Registry to prevent frauds involving multiple lending on the same immovable property to become operational by March 31, 2011
INFRASTRUCTURE AND INDUSTRY
  • Allocation of Rs 2,14,000 crore (US$ 46.5 billion) for infrastructure in 2011-12. This is an increase of 23.3 per cent over 2010-11. This also amounts to 48.5 per cent of total plan allocation
  • Government to come up with a comprehensive policy for further developing PPP projects
  • IIFCL to achieve cummulative disbursement target of Rs 20,000 crore (US$ 4.3 billion) by March 31, 2011 and Rs 25,000 crore (US$ 5.4 billion) by March 31, 2012
  • Under take out financing scheme, seven projects sanctioned with debt of Rs 1,500 crore (US$ 325.6 million). Another Rs 5,000 crore (US$ 1.1 billion) will be sanctioned during 2011-12
  • To boost infrastructure development, tax free bonds of Rs 30,000 crore (US$ 6.5 billion) proposed to be issued by Government undertakings during 2011-12
NATIONAL MANUFACTURING POLICY
  • hare of manufacturing in GDP expected to grow from about 16 per cent to 25 per cent over a period of 10 years. Government will come out with a manufacturing policy
  • Two Committees set up for greater transparency and accountability in procurement policy; and for allocation, pricing and utilisation of natural resources
  • Issues relating to reconciliation of environmental concern from various departmental activities including those related to infrastructure and mining to be considered by a Group of Ministers
  • National Mission for hybrid and electric vehicle to be launched
  • Financial Assistance to be made available for metro projects in Delhi, Mumbai, Bengaluru, Kolkata and Chennai
  • Capital investment in fertiliser production proposed to be included as an infrastructure sub-sector.
INNOVATIONS
  • National Innovation Council set up to prepare road map for innovations in India
  • Special grant provided to various universities and academic institutions to recognise excellence
SKILL DEVELOPMENT
  • Additional Rs 500 crore (US$ 108.5 million) proposed to be provided for National Skill Development Fund during the next year
  • An international award with prize money of Rs 1 crore (US$ 217,085) being instituted for promoting values of universal brotherhood as part of National celebrations of 150th Birth Anniversary of Gurudev Rabindranath Tagore
BUDGET ESTIMATES
  • Gross Tax receipts are estimated at Rs 9,32,440 crore (US$ 202.4 billion)
  • Non-tax revenue receipts estimated at Rs 1,25,435 crore (US$ 27.2 billion)
  • Total expenditure proposed at Rs 12,57,729 crore (US$ 273 billion)
  • Increase of 18.3 per cent in total Plan allocation
  • Increase of 10.9 per cent in the Non-plan expenditure.

India in top 10

India in top 10 manufacturers list

India was amongst the top 10 manufacturers in 2010 and together with Brazil and China accounted for a third of the world manufacturing output, up from one-fifth 10 years ago, said a United Nations report .

"India is listed as one of the top 10 manufacturers of the world in 2010," the international yearbook of industrial statistics 2011, published by the United Nations Industrial Development Organisation (UNIDO) said.

India along with other leading developing economies such as Brazil and China showed strong performance in economic growth in 2010 and the manufacturing value added of all these countries grew by over 10% last year.

The share of these three countries in world manufacturing output reached 32% compared to 20% 10 years ago.

World manufacturing value added, or MVA, rose 5.3% in 2010, as per the agency's estimate.

The MVA of industrialised countries was up 3.4% in 2010.

India topped developing countries (excluding China) in production of textiles, chemical products, basic metals, general machinery and equipment, and electrical machinery.

It overtook Brazil in the production of motor vehicles and now ranks second among developing countries after Mexico.

However, its Asian competitors Thailand, Malaysia and the Philippines are ahead in the production of electronic goods such as computers and office equipment, radio, television and other communication equipment.