Professional Documents
Culture Documents
• The middle class (those with an annual household income of Rs 2-10 lakh at
2001-02 prices) has increased at a rate of 12.2% per year from 2001-02 to
2005-06 while for the next four years its annual growth rate is expected to be
around 13.7%. Similarly, the size of the lowest income class would shrink
steeply from 72% to 52% by end of the decade.
• There has been a steady increase in urban disposable income and many
middle-class households are moving up the income ladder
• There are over one million luxury customers in India and this figure is
expected to triple by 2010.
• As per ET-AT Kearney’s Indian Luxury Review 2007, the $500-million domestic
market for luxury products (apparel, jewelry, wines & spirits and accessories)
may grow over 20% year-on-year for the next 7-8 years and more than
quadruple to $2.6 billion by 2015. The $4.4-billion Indian market (minuscule
in comparison to global standards) for luxury products, services (hotels,
resorts, fine dining and spas) and assets (homes, cars, jets, yachts and art)
too will become a $30-billion phenomenon by 2015.
• Though the demand for luxury brands in India is miniscule as against the
global market projected at US$ 80 billion, experts say it is expected to grow
by 25 per cent, thanks to the aspiring and travelling Indian consumer who
can dole out dollars in rupees without batting an eyelid
Indian Traveler
• Apart from the metros, the trend of holidaying abroad is fast catching up in
smaller cities and towns too
• Places like Nagpur, Visakhapatnam, Ahmedabad, Nasik, Jaipur, Amritsar and
Ludhiana are among the other places showing a positive growth towards
outbound tourism since mid 2006
• The average amount spent daily per person is between $75 and $200, with
hotel choices varying from three to five stars.
• An average Indian traveler spent $1,789 every time they went on a leisure
trip.
• Southeast Asia is a hot favorite with leisurely holidays or even snatched
weekends in Thailand, Singapore, Malaysia and Hong Kong fairly affordable.
• Asian countries are their most popular destinations for Indians. Other regions
such as Europe attract a greater percentage (18 per cent) of Indian travelers
for business rather than pleasure (14 per cent).
• As per industry estimates, by 2008 Indians would have spend more than US
$4 billion on travel alone.
• Conventional channels remained popular when it came to holiday bookings.
While 12 per cent of the travellers took to online travel agents, a majority of
them still went to their regular travel agents or tour operators
• That Indians are one of the biggest spenders make them worth pursuing by
various countries.
• Indians love to indulge in a variety of experiences ranging from nightlife, fine
dining, soft adventures, sightseeing, shopping and family fun.
• Indians do not book months in advance and they prefer to finalize their travel plans
maybe couple of days before the scheduled tour
• Foreign tourist offices, some of who have simplified visa procedures for Indian
tourists, are increasingly recognizing the growing numbers.
• As travelers, Indians do not book months in advance and they prefer to
finalize their travel plans maybe couple of days before the scheduled tour. In
such circumstances the countries that provide visa-on-arrival or issue visas in
a couple of days get preference; one of the main reasons why countries in the
Far East remains popular
• Travelers usually visit the Far East, taking the Singapore-Bangkok-Malaysia
sector the first time and US/Europe tours the second or third time.
• Exciting/Unique destinations
• Great Getaways
• Attractive/ discounted priced packages
• A hassle-free holiday
• Tour cost in Indian rupees
• Indian meals
• Exciting new activities the traveler can enjoy with the family or friends while
on a holiday
• Traveler prefers destinations for which visas can be granted easily
Indian in Singapore
• About 24 per cent of the out-bound travelers in the next 12 months are likely
to go to the island nation. This would be followed by Dubai, Australia, and
Malaysia, with each of this contributing 17 percent.
• At present, India constitutes just over 7 per cent of its total tourists, which
just crossed 10 million during 2007
• India is the fourth largest inbound market for visitor arrivals to Singapore.
From January-November 2007, a total of nearly 7 lakh Indians visited the
country, which is a 13.7 per cent growth over the same period the previous
year
In 2006, the top five TEV generating markets were Indonesia, P R China, India,
Australia and Japan. These five markets accounted for half of the TEV and registered
a growth of 10% over last year.
• More visible consumption for products having bling value and consumers
willingness to pay a premium for them
• Increasing fear of being ordinary. Consumers would want to be extraordinary though still
within current social norm
Majority of the following statements would hold true in case of our target
audience:
• Would aspire to take spouse and/or children for a vacation outside India
• Would not mind sending children to schools where apart from education there
would be extra curricular activities and sufficiently high fees will be charged
• Believes that children should enjoy the comforts and luxuries in life and
should not feel deprived
• Believes that consumer durables are somewhat of a necessity for the family
• Owns a high end cell phone: more than one cell phone: multiple cell phones
in house
• Believes that financial security is required but at the same time believes that
should not hold back and spends on entertainment and leisure
• Is member of a club
• Is mindful of personal fitness and hygiene and would not mind spending for it
• Believes that Western influence has done no harm and readily accepts it
Segmentation
Variable
Occupation Education
Less
5-9 yrs
than 4 School Some
Illiterate of Graduate Post-graduate
yrs in certificate college
school
school
Skilled E2 E1 D C C B2 B2
Unskilled E2 E2 E1 D D D D
Shop owner D D C B2 B2 A2 A2
Petty trader E2 D D C C B2 B2
Employer of-
Above 10
B1 B1 A2 A2 A1 A1 A1
persons
Below 10
C B2 B2 B1 A2 A1 A1
persons
None D C B2 B1 A2 A1 A1
Clerk D D D C B2 B1 B1
Supervisor D D C C B2 B1 A2
Professional D D D B2 B1 A2 A1
Senior
B1 B1 B1 B1 A2 A1 A1
executive
Junior
C C C B2 B1 A2 A2
executive
Age 25-44
Adventurous People
Targeting- Tier 1 & 2 (selected) cities with major emphasis on metropolitans and
cities which have developed due to IT revolution e.g. Hyderabad, Bangalore, Pune,
Noida, Gurgaon etc
Advertising Plan
• Objectives:
During the launch stage the objective of communication would be to create unique
identity and image for the brand.
• Message strategy:
Post- Launch- The advertising appeal should be emotional. As the corporate brand
has been firmly established the various attractions could be the focus. Also
reinforcement advertising should be used.
Brand Track
Newspaper Brochures
PR activities
Magazines Database
Press releases
marketing
Outdoor Media
Television
mailers
shows Banners
Personal selling
Events OOH
HNI’s
Digital Media Point Of sale
Celebrities
Search Engine Personal Selling Marketing
Marketing
Corporate Tie Sales promotion
Key Word ups
Search Family
Institutional packages
buyers
Discounting
Dealers
Media Plan
Pre launch Launch Post launch
Print media
Television Media
Media Strategy
Flighting Strategy