Outlook India
Outlook India
India Today
1. During the covid period they introduced innovative methods to ensure
delivery. They added over a thousand outlets where the magazine was
available in sanitized format, along with tie-ups with FMCG distributors
in 6 cities.
2. They are having high discounts on the subscriptions of magazines i.e., up
to 60% discounts Off the cover price of their English edition and up to
25% off on the Hindi editions.
3. They made the digital editions of magazines free for readers to
download on their devices and also maintained connections through
different social media platforms, which resulted in 1.5 million downloads
and gaining more subscriptions.
2. Dividend
Top companies in India operating in media segment and find the ranking of
companies and the market share- promotional offers or strategy which has
resulted an increase in the market share or the share that they are having.
- Results were-
b. HT media Ltd.
They give 15 days free trail to customers on their subscription and the
customers will get full refund if they wish to cancel the same anytime within
those 15 days . Also there are various discounts on different subscription plans.
There subscription offers also includes various discounts on Myntra, wonder
chef, The man company, Udemy, zoom car and also a chance to win free
2N/3D holiday with Club Mahindra. Also there are various coupons if the
payment is done by Paytm, sbi card and axis bank card which helps to increase
their market share .
c. Sandesh
Ranking- 19th in the list of most read newspaper and 2nd most read
Gujrati newspaper.
Market share- 2.884 million
The subscription price for this newspaper is itself verry low with a cash
for scarp up to Rs. 50 i.e. up to 58%.Also they provide exciting coupons
from big brand at the end of each month
NPS
Readership index
Outlook 1.76 million readers
Week has 1.83 million readers
India today has 9.5 million readers (most read news magazine) has 2.8 times
more readers than that of the week and outlook English combined. India today
Hindi has been ranked the most read Hindi magazine with a readership of 6.6
million.
Outlook NPS= 49
India Today NPS= 3
The week nps = -68
From the NPS score (i.e., 49) of Outlook Magazine, it is seen that large
number of consumers find that Outlook magazine has good and
unbiased content and it covers vast topics and its articulation is also
good. They feel that Outlook is best in its simplicity and is easy
compared to India Today and The week. They feel outlook is more
informative and has the value for money. It is attractive and is an all in
one magazine.
People believe that India Today is both entertaining and educative and
is a trusted magazine. It gives leading news of today times. It gives news
rural India, cities and international news. It also shows real faces of
corrupt people, and quiz of news which is held between different talent
school children. it also does debate between different politicians and
take interviews of famous personalities. It is easy to understand as well.
Its NPS score is 3.
The week- The Week has better content and visibility. But from the NPS
score (i.e., -68) it is seen that this magazine is preferred by very few
people and few people are not even aware about this magazine.
1. Forbes
High discounts on magazines. 76% off on both print + digital editions of
the magazines. Also, high discounts on print as well as digital magazines
and keep their prices which will attract or customers. Forbes offers a
discounted rate to students so that current students can have unlimited
access to the resources, information and news that will help shape their
future.
2. Vogue
On their print edition vogue is giving a free gift to their customers and on
the digital edition they are providing free PDF download along with daily
newsletters and access to archives with high discounts. Also, on the digital
magazine there is 30 days free membership. Their main aim is to understand
give the customer what they want.
3. The wall street journal- they have introductory offer in which customers
get the magazines for only $1 i.e., Rs.72 for 2 months. And then if they
like they can subscribe the magazine if they want for $4.99 per month. It
is a digital package which includes the WSJ tablet app. The smartphone
app + membership.
Campaigns –
In 2019, Pantaloons launched, ‘Holiday in Style’ campaign for the
summer. For the holiday season, Pantaloons launched a new campaign
‘Holiday in Style’ to enable its consumers to travel in style. The campaign
resonates with the consumers’ need for stylish clothes which helps them
always be social media ready.
Also, they launched ‘Hello Pujo Rockstars’ campaign on the festival of
Durga puja which shows pantaloons as a progressive brand that walks
hand in hand with the go-getter spirit of today’s youth. It is a 360°
campaign with presence on TV, print, outdoor, digital, radio and in-store
activation. Additionally, all of the Pantaloons stores have come alive
with Pujo themed windows which helped them to engage a lot of
consumers.
In 2019, Pantaloons celebrated the festival of lights with a heart-
warming campaign. This thematic campaign is based on the premise that
Diwali is always celebrated with loved ones and Pantaloons brings this
custom to life by celebrating Diwali with friends who are like family.
Diwali is the perfect occasion to engage with the consumers and become
more relevant in their lives as this campaign celebrates Diwali with
them.
Task 4
1. Adv-premium fashion magazine- outlook spurge
Bringing on the buzz-
Identify the scope of the project- How long it will take? what resources
will it require? Your target market, the type of content you are putting.
Finding interested people before your launch- To make your product
successful, you need to get a core set of promoters onboard as early
as possible.
Turning the product launch into an event so that more people are
attracted.
By running ads on Facebook or LinkedIn so that current Outlook
magazine readers or even other people come to know about the new
fashion magazine at its earliest.
Teaming up with influencers- Now a days you can pay to promote
through major influencers online and offline. Teaming up with them can
easily bring new customers.
By putting more focus on the people and not the product
Creating branded hashtags to use them on twitter or Instagram to
launch the magazine. This is the way to get people involved with and
sharing the product you’re creating.
pr management-
Organizing giveaways and contests- The simplest way to get attention
for your launch is to hold a contest. give away something basic, perhaps
even the product (Outlook spurge). People will want to share this to
earn whatever you have to offer.
Creating informational and creative videos.
A strong media relations plan can generate editorial coverage about
your new product that increases awareness and builds credibility.
press releases- It is a PR content tool that is used to share the
information about the product launch with media having the critical
details about our product.
Pitches: In addition to press releases, the public relations team will write
email pitches for media that provide the details about the product
launch. Pitches may include a product image and an offer to receive a
product for review.
PR mailers: One of the best ways to get media to cover our product is to
send a sample so they can touch, taste or try it out for themselves. This
public relations tactic helps to grab the attention of editors, bloggers or
producers and can often result in stronger media coverage influencer
marketing management. Implementing an influencer marketing can be
big with the scope influencers you have the ability to target. Influencers
provide their authentic feedback about your product or business to their
social media followers, while also staying true to your brand’s message.
An experienced PR team will be able to create a list of appropriate
influencers for your brand, taking into consideration you’re messaging
and what kind of content you want to be aligned with.
Corporate advertising.
2. Implement consumer market sales promo. Technique
3. Promote the product using integrated brand promotion tools in digital
and interactive media
4. Prepare in detailed dm plan to achieve above objective
1. Know the target audience. i.e. who does the ad need to reach?
2. Define the goals to the target audience.
3. Making the marketing budget.
4. Defining the frequency and reach of the message.
5. On which platforms do we want to give the advertisement i.e. Facebook,
radio, television, billboards, etc.
6. And analyzing the engagement such as click through rates and if the ad
is reaching to the right people.