Fake claims in the long run will kill the brand: Grundfos Pumps’ MD at Madras Ad Club’s ‘Gyan Series’

“We have to stay boringly consistent and we have to be thoroughly innovative in the way we say it,” noted Ranganath NK, MD, Grundfos Pumps India Ltd, while speaking on ‘The challenge of branding industrial products’. Ranganath was speaking at Advertising Club Madras’ ‘Gyan Series’ in Chennai recently.

e4m by Judy Franko
Published: Aug 19, 2010 8:32 AM  | 3 min read
Fake claims in the long run will kill the brand: Grundfos Pumps’ MD at Madras Ad Club’s ‘Gyan Series’

“Industrial type products normally have a very dull image. In order to brighten them up, one needs to structurally change the way employees and the extended arms think, act and behave in the organisation. That was the essence of true branding for industrial products,” said Ranganath NK, Managing Director, Grundfos Pumps India Ltd.

Speaking on ‘The challenge of branding industrial products’ at Advertising Club Madras’ ‘Gyan Series’ recently, Ranganath remarked, “We have to stay boringly consistent and we have to be thoroughly innovative in the way we say it.”

The challenges

Listing out the challenges that the industrial brands faced, he said that getting acceptance and influencing convictions were the major challenges for industrial products. “In an unbelievably cost conscious market like India, people are not willing to spend on industrial products as they do on gold,” he said. “People are willing to shell out only cost of copper for buying gold as far as industrial products are concerned. It is not the case in the gold market, where they don’t question anything. But when you offer gold equivalent industrial product, they are reluctant to buy it,” Ranganath added while underlining consumer behaviour towards industrial products.

According to him, branding consumer products or products that had an aspirational value was easier compared to industrial products. “Creating an interest in the product is a very vital part of branding, especially for an industrial product,” he added. Elaborating on the pros of branding, Ranganath noted that branding helped increase the employees’ loyalty, besides helping the company to attract the best skills in the market. It also helped in long time survival.

With consumer products, a strong brand can encourage the consumer to buy, remain loyal, potentially pay a higher price, however in the B2B market, branding helps to get considered and be the preferred brand, but it does not fetch potential buyers. As far as industrial products are concerned, there are no individual buyers. “Unlike soaps, wrist watches or shampoos, industrial products don’t have direct contact with the end user. One of the most difficult things is to identify our customers,” he pointed out.

Ranganath further said that most of the industrial products were identical and, therefore, one needed to constantly innovate on what they were going to communicate for the same product. The challenge was how to go about innovating about a product which did not excite anybody.

He noted, “As far as industrial products are concerned, it’s not about acquiring customers, but how many customers you are able to retain over a period of time. That’s the bigger challenge. It is not the smell or the texture. It is the performance that matters the most in industrial products, which is why the advertising industry should be very careful about what we say because that can have serious repercussions on the businesses. All our activities should align with the promises we make. Every action – whether conscious or unconscious – are highlighting our brands.”

“Brand building is not just about print and other media advertising. Commitment, imagination, innovation and finding innovative ways to communicate the truth are the essential parts of branding. Fake claims in the long run will kill the brand,” Ranganath concluded.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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