Nirula`s set to take on McDonald`s
India's oldest fast food giant slashes prices for a happier price menu.

India's oldest fast food giant slashes prices for a happier price menu.
For long, McDonald’s has been riding on the affordability plank, advertising its prices that are apparently a throwback to an era. Now, it has to share the plank with India’s oldest fast food giant, Nirula’s, when it comes to people picked from sepia tone menus.
THE BURGER BATTLE
• Nirula’s has a happy price menu that offers a range— from burgers to soft-drinks— at a flat Rs 20
• Samir Kuckreja, a former executive-director of Nirula’s, bought a stake in the firm and took over the post of MD
• McDonald’s says it has not brought down prices as it wants charge consumers the ‘actual’ price
In spite of a rise in input costs, homegrown fast food chain Nirula’s, which a-decade-and-a-half ago was the only one of its kind in Delhi, has slashed its prices. The hotel chain that started in 1934, has introduced an all-new menu at lower price points to take on the likes of McDonald’s.
The US-based hotel chain, which entered India in 1996, has a “happy price menu” that offers a range, from burgers to soft-drinks, at a flat Rs 20. Nirula’s has priced its grilled burger with potato filling, a new addition to the menu, at Rs 19 plus taxes.
Its cheese onion tomato pizza (8 inches), another addition, costs only Rs 69 plus taxes. For those who are not big on burgers and pizzas, Nirula’s is offering an Indian platters starting at only Rs 30.
Nirula’s, India’s oldest fast food chain, used to be the outlet of choice for most middle-class Delhiites, until it was overshadowed by McDonald’s burgeoning yellow arch. Two years ago, Malaysia-based private equity fund Navis Capital Partners had acquired majority equity control in the firm.
Also, Samir Kuckreja, a relative of outgoing owners Lalit and Deepak Nirula, bought a minority stake in the company in a deal said to be worth Rs 85-90 crore. Kuckreja, a former executive-director with Nirula’s, assumed the post of managing director.
The new menu, accompanied by a move into new formats and nation-wide expansion, shows the new management is using to regain past glory.
However, steering clear of McDonald’s advertising blitzkrieg, Nirula’s is keeping below the line. “We are introducing new formats in order to be present at places where our consumers need us.We will advertise more once we have expanded considerably,” says Sudipta Sengupta, senior vice-president, marketing and sales, Nirula’s.
Confined for decades to regular family restaurant and Potpourri formats, Nirula’s is expanding into formats like Nirula’s express, fuel station units, food court units, Pegasus bars and ice-cream kiosks.
McDonald’s however says it did not bring down the prices but chose to give the consumer the right price. “We are a mass brand committed to deliver value for money to our patrons. We keep our ears close to the ground and conduct studies including price sensitivity. Way back in 2004, we identified Rs 20 as an acceptable and affordable deal for our customers and we continue to bring delight to our consumers,” says Vikram Bakshi, the managing director & joint venture partner with McDonald’s India (North & East). McDonald’s re-engineered some products to bring them under the ‘happy price menu’.
Nirula’s does not see its new pricing as an attempt to take on the competition. “The new price menu was in line with our marketing calendar so it had to come,” says Sengupta. “Our focus is on the consumer and not on the competition.”
Nirula’s, which is primarily a north India chain, is going national. It plans to increase the number of its outlets from 57 to 200 by 2010 across India, with Mumbai getting the first in the next two months.
McDonald’s runs 136 restaurants in the country and plans to invest Rs 1,200 crore to set up cold chains and other infrastructure.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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
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.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
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.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
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 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.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
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."
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
test
test
test
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
test
test
test
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp
KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
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."
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook Youtube & Whatsapp