Author name: VrittiMedia

New perspective in rural marketing

Several game plans are suggested by the experts when we ask about the best way of getting success in the enormous rural market in India, and everybody has a different story to tell. However, everyone agrees to the fact that developing an effective distribution channel is one of the key elements of success. Failure in achieving it would be a major inhibiting factor for business growth. Whether it is a consumer product, food product, or electronic item; it should reach to the right people at right time. Thus, effective distribution network, fast and swift modes of transportation and good warehousing facilities are extremely important. What could be the best means of reaching the masses? Many companies have done exceptionally well in the niche of reaching the rural markets and consumers. They developed fast and economic models to reach as many people as possible. Other than meticulous planning and flawless implementation, they developed smart ways of doing the things. Experts say that it is possible to take the performance to further high by doing something exclusive and unique. It is certainly a new perspective towards rural marketing. (i) Is it possible to use the public distribution system which already exists? Since thousands of fair price shops and millions of people depend on it for the supplies of food grains, kerosene, and sugar, the system is fairly efficient and accurate. Using the same infrastructure for marketing the products in the rural areas would be cost-effective and accurate. Of course, it will be a chargeable service. However, the accuracy and dependability will make it the preferred service. (ii) Use of rural cooperative societies: Almost every village in India has some or other cooperative society. Marketing experts say that these societies can play a pivotal role in making a product or service hit. They can be instrumental in distribution on a chargeable basis. Since the societies would earn handsome money, they will do it enthusiastically. (iii) Using social and religious events for product marketing: In the recent years, marketing experts have realized the huge potential of events that take place in the rural areas. Mela, Urs or other religious events showcase the product or services to a large audience. The cost of product promotion is quite reasonable, and the results are superb. As the products are displayed in the local event, people associate to it pretty well. These groundbreaking perspectives have a great potential to change the rural marketing.

Rural Marketing in an Underdeveloped Economy

Well, it is not appropriate to call India an underdeveloped economy anymore. The country is shining brightly with a tremendous growth record in the last decade. It should be better called a rapidly developing economy. However, the country faces a setback because of a clear-cut difference between the India and the Bharat, i.e. the urban and rural India. There are huge differences in terms of lifestyle, facilities and infrastructure. The government is trying hard to bridge the gap between the two. It is the reason; marketing gurus in India altogether different marketing strategies to lure the rural market which has immense potential. A company cant flourish by relying on the already saturated urban market. There is a fierce competition, and it needs a great struggle to achieve a marginal increase in the market share. Rural market, on the other hand, is still unexplored. Hence, there is always a possibility of high returns on investment. Its a different ball game Experts admit that the rural marketing in a country like India is a different ball game. Only those companies who understood the pulse of rural market could make wonders in the niche. Companies such as Vritti iMedia have got the grip on the rural mentality, and it is the reason behind their overwhelming success. (i) While in the urban market, it is important to highlight aspects that differentiate your product from others; in the rural market you should connect the product to the daily life of people. The more they feel associated with the product, higher is the pull. (ii) Use of marketing channels that are close to the heart of rural people, create the maximum impact. They feel that the product is designed to fulfill their expectation, and it is not a product for classes. The overwhelming response received for marketing campaigns done at Kumbh Mela, or Audiowala Bus Stand substantiates the fact. (iii) Product price is a distinguishing factor in rural marketing. Even if it is a lifestyle product, it is critically important to keep the price band low. In a country like India where the gap between rural and urban market is distinguishable, cost of the product makes a big difference. (iv) Timings also play a vital role in rural marketing, especially in underdeveloped countries. Since the rural population is largely dependent on crops, it is important to market lifestyle products immediately after the harvest season.

Successful execution at Kumbh Mela-Nashik delivers WOW moment for Vritti at WOW award 2016

WOW Awards have positioned themselves in the area of admiring marketing initiatives and advertising. It is a truly global platform with a focus on Asia and India in particular. WOW awards are special and follow very high standards, as they look at all aspects before deciding the winner. The latest award function held on 23rd to 25th June in New Delhi Aerocity was a mega event with a series of conventions, expos, workshops, and seminars. The galaxy of speakers (more than 100 from different parts of the world) marked the occasion. Vritti Media bagged two silver awards in the Experiential Marketing Category consisting of Small budget on-ground promotion of the year and Rural activation of the year for sales volume. Both the awards are given for the activities done in the Nashik Kumbh Mela last year. While the first award is for their client Goodknight FastCard and the second one is for Emami Navratna Oil. Mr Rajesh Radhakrishnan Director Sales and Marketing of Vritti informs For Vritti Media, it was a precious moment to get awarded with two silver medals in experiential Marketing category. It is quite difficult to win an award in WOW Awards because the competition is quite tough. The nominations are at par with standards, and the winning margin is quite thin. We feel greatly honored by receiving two silvers. It is like winning a medal in the Olympics. It is quite creditable to win awards for activities done during the event where enormous crowd comes. These awards underline the capabilities of Team Vritti of handling big events in a grand way.

Vritti Solutions bags sixth consecutive Media Owner award at OAA

Outdoor Advertising Convention or OAC 2016 is a reputed platform where OOH practitioners from all apsects of OOH Advertising business including brands, media owners and agencies interact and share thoughts. The prestigious event was held in Gurgaon last week. 18th June was the special day when Hyatt Regency of Gurgaon hosted the most prestigious Outdoor Advertising Awards (OAA) function. A galaxy of outdoor media legends marked the occasion where the brilliant performers were honored. The glittering function turned out to be a moment of immense enthusiasm for Vritti Solutions as the announcement of winning Media Owner North Zone. The team of Vritti Solutions received the award in the presence of global and Indian OOH media owners, brand marketers, OOH agencies, government officials, local administrative authorities, and media personnel. The occasion was also graced by senior OOH Industry professionals, suppliers, and printers. It was a splendid moment for Team Vritti Rajesh RadhaKrishnan Director of Sales and Marketing Vritti Solutions couldnt hide the elation while describing the amazing performance of his team, As they say winning becomes a habit, it is certainly true with us. This is the sixth consecutive time we bagged the award. From the year 2011 till 2014 , we won Media Owner West Zone award. In 2015, we were declared Media Owner South Zone and this time it was the turn of being declared as Media Owner North Zone. I am really overwhelmed with the incredible performance by each member. I dedicate this award to my great team that doesnt leave the smallest room for failure. It is a moment of triumph, and a grand celebration is on the cards. Nevertheless, it also puts an immense responsibility on our shoulders. We will have to raise the bar further and break our own records. I know that each one in my team will relentlessly work for it. With such a brilliant people in the fleet, it is not a big deal. He boasts. The kind of dynamic industry we are into, sustaining performance is a great challenge. However, we could do it by great teamwork and eagerness to perform better. The same qualities will drive the success in the coming years, he concludes. Setting a new record is easy, but repeating the same performance is quite tough. However, Vritti has made it possible for six consecutive times. It is sure that there will be many new records set by this talented team, looking at the enthusiasm and determination. Innovative ideas, meticulous planning, and flawless implementations have been their key differentiating elements.