Dear readers,
The
other day I came across this interesting piece of
trivia while reading Hiroyuki Takeuchi, "50%
of Japanese companies do not have a marketing department.
90% have no special section for market research.
The reason is simple
everyone is considered
to be a marketing specialist"
I think, this little nugget of info quite captures
the raison d'etre of Strategic Marketing's genesis.
It's quite simple in its revelation and so revealing
in its simplicity. After all, the purpose of any
business is to sell and make a profit. In that respect,
every department must be cued and clued into the
wants, desires and nuances of the market they serve.
All these ramblings aside, I think this issue of
SM could not have come at a more appropriate season.
It fairly crackles with the thunder of the writer's
convictions and rains down opinions, wisdom and
learning (You must forgive these poetic spasms...I
personally ascribe it to the weather).
But as they say, God is in the details, and so the
details are what we will now dwell on.
The recently crowned Media Maharaja or Kreative
King at Cannes Piyush Pandey speaks
on tackling customer reticence towards advertising
in a slowdown phase in our new section "The
Guru Says...". To complement his view from
the supply side of this equation, Mr. G. Krishnan
puts forth a perspective on whether Indian Media
Companies should diversify or not. Thought leaders
posit their stances on the challenges faced by rural
marketers in the article on the recently concluded
the Strategic Marketing Forum held here in Mumbai.
In addition, Sampa Chakrabarty Lahiri provides readers
with a sneak peek into the rural market the
pitfalls and the profits thereof.
Then we have two articles on Brand Management
one by Anand Halve on the pros and cons of the extending
brand names and the other by Arvind Singhal on the
cost implications of building brands.
Needless to say, there's much more with Atul Phadnis
on the much touted Optimiser software available
for media planners, a piece on ECR - Efficient Consumer
Response and case studies designed to enlighten
and illuminate.
All in all an issue that promises a fantastic read
and much, much more!
Happy
Reading!
BHASKAR DAS
bhaskar.das@timesgroup.com
.