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franchising aspects 2009-12-21

Marketing mantras to fit well in the franchising frame

In an endeavour to position the foreign brand in India, the master franchisee explores distinctive marketing techniques to reach the heart of the consumers. Let us find out what keeps them on their toes to expand their footprint in India.

By Sub Editor
Marketing mantras to fit well in the franchising frame

In simple words, marketing is all about the tactics that either a franchise company or an entrepreneur uses to position his/her brand or brand’s products to target the potential customers in the market. With the increasing cut-throat competition in the market, many of the international brands those are present in India are doing strategic planning to establish their footprint in India on a nationwide basis. No one can deny the fact that getting success in a new market is a Herculean task! It doesn’t matter how successful these international brands are in their own countries. But the point to consider is - how to entice the Indian customers for a foreign brand? It is one of the most common queries franchisees of international brands have when they look at increasing the footfalls in their outlets.

Think global, act local

When any brand enters into a new market, it thoroughly conducts a market research, seeks for a right partner who understands the local market, and the consumer’s preferences in terms of tastes and liking towards the foreign brands. The franchisor initiates the research work by analysing the consumption patterns in that targeted area or market where he/she is planning to expand, assesses the competition, and then takes a step further to use the right marketing tactics to create a brand recall in the mind of the target customers.

It is significant to note that the before taking the master franchise of an international brand one must endeavour to put oneself into the shoes of a potential customer so as to understand – why would they buy your product, and what could possibly prompt a buying decision.

Assuming someone has taken the master franchise of an international fast food brand then he/she needs to understand the eating out habits of the consumers in that specific area, he needs to understand the customer preferences in terms of the taste and on the basis of this research he can introduce various product offerings in his menu accordingly, in order to generate footfalls.

In a diverse country like India, international brands have to adapt its offerings as per the needs of consumers. In actual, it contributes to its success. At times, there is a need to make use of right marketing tactics such as ‘Indianisation’ of foreign brand’s to target the market. Besides ‘localisation’ or ‘Indiandisation’ of foreign brand, there are other marketing tactics that persuade the customers towards the brand.

Right pricing

Right pricing is another important aspect. For example; Indian consumers are very price conscious; they will not buy a brand on an escalated price. The franchisee of international brand outlets can promote the brand by offering free gifts on purchasing their products, offer discounts and scratch cards. They can also introduce promotions like ‘buy one and get one free, marketing strategy like this can have an influence on the customer.  Franchisees are also suggested to keep products in the display that enhance impulse buying. Some of the international brands like Pepe Jeans London, Espirit, Adidas, Levi’s, United Colors of Benetton go in for end of season sales to free up the old stocks in a way to entice the brand conscious consumers. Some of the F&B brands like Pizza Hut, McDonald’s, Café Coffee Day, and Domino’s introduced new items in their menus at less prices.

In a nutshell, the best tactic for success of any international brand is to start small with small offerings and then expand slowly into the diverse categories, based on the customer response from the market.

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Narayana : 22, Nov 2009 at 01:34 AM
need to pizza hutfranchiese at tiruvannamalai location
Tushar Desai : 22, Nov 2009 at 11:06 PM
A good business to jump into.
khan rashid : 24, Nov 2009 at 10:55 AM
I would like to hear from you all the breaking entrepreneurship chance. i am interested in knowing all important things for the Pizza Franchise.
khan rashid : 24, Nov 2009 at 10:57 AM
I would like to know from your side more information regarding the franchise for a pizza outlet in northern india
Paul Thind : 27, Nov 2009 at 06:32 AM
I have a PIZZAPIZZA franchise in Canada but I want to relocate back to India. Can you please send me more info about any business oportunities in north India. Thanks
akram : 29, Nov 2009 at 12:44 AM
please elaborate to get franchise for Koutons
Naveen Pathania : 01, Jan 2010 at 02:37 AM
How to open a Pizza outlet at Hamirpur in Himachal Pradesh.
Raji Singh : 17, Jan 2010 at 09:03 PM
We like a to have a business partner in India for our Pizza franchie. SELECT PIZZA and subs SELECT A SUB. We are from New Zealand.
RATINDER JALLU : 07, Sep 2010 at 01:18 PM
i am interested to have franchise at central india please give me requirement
Janet : 25, Nov 2011 at 08:58 PM
I like to party, not look articles up olnnie. You made it happen.
samar : 03, Feb 2012 at 02:46 PM
i want a domino pizza franchise plsz give me a detals and director no ....
sarika gandhi : 31, Dec 2013 at 01:46 PM
I would like to know abt pizza hut franchise, n all d details?? Can I go for only vegetarian one?
gagan mehta : 08, Feb 2014 at 06:24 PM
How to open a Pizza outlet at ghumarwin distt bilaspur in Himachal Pradesh.
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