Since its establishment in 1959, Pidilite has been a pioneer and market leader in Craftsmen Products, DIY (Do-it-Yourself) Products, and Industrial Specialty Chemicals in India. Pidilite is one of India's top companies and its brands "Fevicol, Steel grip, Acron, Dr. Fixit, Fevitite, and M-seal" are highly trusted in the country. Pidilite offers a wide range of products including Adhesives and Sealants, Construction and Paint Chemicals, Art Materials, Industrial and Textile resins, and Organic Pigments and Preparations.
Pidilite products are exported to various countries around the world and meet global quality standards. FEVICOL, which is India's Most Trusted Brand in the adhesive industry, was ranked number 24 in the recent survey conducted by Brand Equity (Economic Times) called "India's Most Trusted Brand." This position represents an improvement of 7 places compared to the previous ye
...ar. The survey results were published in The Economic Times on May 30, 2007. Furthermore, FEVICOL's importance within the domestic market is evident from its popularity among both chief wage earners and housewives. These achievements highlight the brand's success.
1. Fevicol ranks at number 14 in the income group Rs. 10001-15000, making it one of the top performers.
Fevicol is ranked 20th in Class 2 towns, which are towns with a population of up to 5 lacs. In Calcutta city, Fevicol holds the 17th rank. Additionally, in the Eastern Zone, Fevicol is the 10th most trusted brand. Fevicol's advertising is known for its unpredictability and wacky nature, yet it still resonates with viewers. Despite its wackiness, Fevicol's communication remains relatable and does not come across as over-the-top or bizarre. This shows that Fevicol focuses on understanding consumers as individuals rathe
than just their professional or household roles, leading to effective communication.
Fevicol advertising has evolved over time, with each communication building on the previous one. Initially, the focus was on showcasing physical bonding. Over time, the messaging shifted to establishing Fevicol as a simile for strong bonding, known as "Fevicol Jaise chipak Gaya". Presently, the advertising continues to reinforce the message of bonding from a lateral perspective. This transformation did not occur instantaneously. An example of Fevicol's association with bonding is exemplified in a radio spot that aired simultaneously with the television commercial.
In a typical radio announcer's voice, the spot cleverly communicates about the brand without mentioning it. Therefore, we can say that the advertisement has successfully made the communication iconic. Fevicol targets consumers who are carpenters with basic education and who only speak their mother tongue. However, the spokesperson highlights that Fevicol's communication has a broader appeal, which has contributed to increased attention in a category with low involvement.
Customer feedbacks suggest that Fevicol advertising has a positive impact on individuals, regardless of whether they are carpenters or end-users. Even people who are not the intended audience have started to associate Fevicol with bonding. What is commendable is that O&M has intentionally avoided addressing carpenters in a formal manner, as this may have alienated non-target viewers and limited long-term potential.
Key Strategies
- Focus on the product characteristics.
- Focus on creating brand equity.
- No segmentation of consumer market.
- Top of mind approach.
- Focus on consumer Insights.
- No Lazy Marketing.
- Innovative & Comical Ads.
The Initial Phase of an Advertising Campaign consists of various stages.
- Product is at Launching Stage
- Send researchers to villages to get the real situation
- Tries to convey its use and effectiveness
- Brand Awareness
The product is associated with power and strength in the second phase.
- Humor Element.
- Incredible Strength
During the third phase, multiple applications are being considered.
- Sustaining market share Expand market share.
- Increasing product usage.
Competitors: The primary competitors of 'Fevicol' are local markets that are unorganized. Despite being a leader in the market, Fevicol has set high standards in the Adhesive Industry that its competitors have been unable to reach. While it occasionally faces competition from companies like Vamicol and Araldite, Fevicol has maintained its firm hold on the market and continues to stay ahead of its rivals.
Fevicol has established itself as a strong player in the generic products in its segment. Despite this, becoming the market leader in the branded synthetic adhesives market has been a slow process for the Rs 192-crore brand (figures for 1998-99). Even with the best efforts, Fevicol still has a ways to go before it can dominate the market. This is due to Naresh, a traditional unbranded adhesive made from animal fat, which still holds the title for the most widely used adhesive in India, making up a significant 70 percent of the market.
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