Stephen Musings

Not on my merit but by His Grace,

3 BRAND STORIES FROM RECENT HEADLINES

The blog contains three separate stories on brands, presented in the chronological order of their appearance in this month’s newspapers. The last story is the shortest, and the second longest, with two write-ups attached.

Click the image to read the news in full

Brand endorsements by celebrities and influencers have become common, with a shift in preference from traditional movie stars to cricketers. According to Kroll’s 2024 Celebrity Brand Valuation Study, Virat Kohli is the top brand endorser in India, followed by Bollywood actors Ranveer Singh, Shah Rukh Khan, Akshay Kumar, and Alia Bhatt.

Marketers are always looking for new faces and more cost-effective options, which has led them to 22-year-old shooting sensation Manu Bhaker. Her remarkable performance at the 2024 Paris Olympics, where she won two bronze medals and set an Indian record, has elevated her to celebrity status. Being referred to as a “brand” in headlines, Manu Bhaker’s rise is a positive development that could rejuvenate India’s sports scene. The overwhelming financial support for cricket was held responsible for the low turnout in other sports. The above news will prompt parents to consider alternative sports as a feasible career path for their children. However, Manu Bhaker must ensure that the flood of endorsements doesn’t distract her from striving for gold at the 2028 Los Angeles Olympics.

Click the image to read the write-up in full
Click the image to read my blog published in August 2023

Sanjiv Mehta, a London-based entrepreneur with roots in his family’s traditional diamond business, is embarking on an ambitious venture. His endeavour is to evoke pride among Indians, as he seeks to transform ‘East India Company’ a brand historically linked to colonization, slavery, opium, warfare, and transnational trade into a contemporary premium luxury brand. This bold move aims to shift the brand’s negative perception of Indians to a positive association with the global community.

Mehta is joined by Anand Mahindra, a visionary entrepreneur, and Yusuf Ali, the wealthiest Malayalee, in this calculated risk. As they operate from the heart of the UK, it remains to be seen how the brand will be received as an international luxury brand. Only time will determine the success of this venture.

In a strategic move, the Kerala government’s Department of Industries and Commerce is transforming the state into a globally recognisable brand, synonymous with quality and ethics. This initiative invites entrepreneurs to leverage the Kerala brand to launch their products in the international market. This combines the individual product brands with the state’s brand reputation. Six coconut oil manufacturers have already joined this pioneering effort.

Value addition is key to increasing returns on agricultural products, and branding is a proven way to enhance product value, commanding higher prices and better returns for farmers. This approach can be replicated for other indigenous Kerala products. It is hoped that entrepreneurs from the state will embrace this initiative, paving the way for their entry into national and international markets, and ultimately, achieving success and recognition.

The three stories take us in three diverse directions. The first tells the story of an athlete being transformed into a lucrative brand. The third story focuses on leveraging the globally renowned name of Kerala state. Meanwhile, the second story is unprecedented, as it involves transforming the image of a brand from negative to positive.

2 responses to “3 BRAND STORIES FROM RECENT HEADLINES”

  1. Celebrity endorsement is one of the leading strategies in marketing these days. Consumers who have no prior idea of a brand gets drawn to the brand because of the celebrity and their status. In fact, the consumer trusts the celebrity than the product. It can be successful and could also fail miserably at times. Some of our Mallu celebrities endorse products anything from cough syrup, hospitals, curry powder to undergarments. Few years back, Mohanlal came with his own chain of restaurants and some pickle brands, which miserably failed within months. I dont know who is enjoying Dileeps Puttu these days. And now, with all the fuss about exploitation of women in film industry, I dont know if anyone will approach them for any endorsements. Those who have already given them crores, will find it difficult to get it back from sales. On one side, products which are not inherently good, appear to get marketed on these lines. When people trust the celebrities, they have a social responsibility to see that the products they endorse are really good. But no one seems to care.

    Manu Bhaker has good potentials to make some money, at least for a short while, unless she bags a medal in next Olympics. She has talent and looks, which is a good combination. But I am surprised that Kerala is trying to build a brand for themselves !! What kind of trust people have on the government ? Is there anything in the place that can be trusted? And what kind of impression have rest of the world about Keralites ? Who will buy kerala products other than Kommis themselves? Pinu and his son in law will become the faces of coconut oil and Rice powder, instead of Mohanlal and Manju warrier. What an idea setji !!

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    1. Yes Babu, there are several angles on new moves / strategies in the market. Some succeed others fail. Spectetors on the stands can pass comments, the players have to take the risk and do the act.

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