Brand : World Player
Company : Skumars
Brand Analysis Count : # 482
Company : Skumars
Brand Analysis Count : # 482
Another brand which has the potential to shake up the readymade market in India- World Player from Skumars is on the national rollout. But the eternal question remains - Can it meet the potential ?
World Player was launched by Skumars in 2010. It took almost one year for this brand to scale up the presence across the states. It is surprising that a national brand like SKumars would take such a long time to scale up the presence of a brand which has so much potential.
The brand has a huge potential for two reasons :
- It is endorsed by Sachin Tendulkar.
- It is priced very very competitively.
I am not a big fan of celebrity endorsement strategy and I don't believe that all brands endorsed by Sachin have high potential. But for World Player, the presence of Sachin Tendulkar will add tremendous equity . I have a feeling that Sachin will do to World Player what Sunil Gavaskar has done to Dinesh Suitings.
One of the factors that aid this brand is the pricing. One would expect this brand to be priced anywhere above Rs 1000, but surprisingly Skumars has decided to price this brand between Rs 100- Rs 500. The brand is targeting youngsters aged 18-35 yrs. This brand is going to be a Mass Prestige brand.
By making pricing affordable, the brand has truly taken the price out of the equation in terms of marketing mix. Now branding and communication will decide the direction for the brand. Skumars should be commented because it didnot outprice the brand eventhough it had a celebrity like Sachin. Skumars has learned that lesson from its brand Tamariind which priced itself out of the market though endorsed by Hrithik Roshan.
By pricing the brand at Rs 100 - 500, the brand has not made itself cheap but affordable. The presence of Sachin Tendulkar will make the brand aspirational . I have seen a hoarding of the brand featuring Sachin and the brand had truly made itself aspirational.
The brand uses the tagline " Be a World Player " which although a very plain basic tagline, will give creatives lot of space to work with. The tagline connects well with the brand ambassador also.
Skumars recently had lot of success with celebrity driven brand promotion. Be it Belmonte endorsed by SRK or Reid and Taylor endorsed by Big B, The company aims to break into the larger mass market with the cricket maestro Sachin.
The presence of Sachin will create lot of expectations about the brand interms of the quality and design. The brand have to meet that high expectations which will be an Herculean task at a lower price-point.
The success of the brand will also depend on the brand's advertising strategy ( positioning) , the quality which it can deliver at the lower price points and the distribution. Skumars has a rich history and managing these will not be an issue.
The only issue is the brand's future after the celebrity. But for now, I am optimistic that the brand will truly create lot of ripples in the market.
No comments:
Post a Comment