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Nokia has lost some of its sheen. Maybe a celeb ambassador would serve it well...
When
At the onset of the new millennium, this mobile giant brought out Nokia 3210, the first handset that was armed with a Hindi menu. Two years later, Nokia unfurled the lowcost Nokia 1100, created especially for India, which proved to be an instant hit. The brand communicated the launch of this phone with a commercial that had Rajpal Yadav and instantly clicked with the masses. The craze for this mobile phone reached dizzying heights and it has sold more than 200 million handsets in the last 4 years. With India being one of the fastest growing telecom markets in the world, Nokia’s special attention to the entry-level segment (volume driven) of the mobile market made great business sense.
After
While, Sony has recently roped in Hrithik Roshan and Motorola is doing well with Jr. Bachchan, Nokia has opted to go ambassadorless. Says Raja, “Brand ambassador’s have never been Nokia’s style. Nokia is an honest and sincere brand.” However, despite attractive offerings in every segment and establishing trust in the consumer, last year marked a slight fall for this giant.
The reasons were many; the success of Motorola’s RAZR and its aggressive marketing with Abhishek Bachchan on its side, the widely reported glitches in Nokia N-series, Sony’s Walkman series et al. “Whenever a handset maker has got it right, that company has achieved a lead over the others. And that has never been a static phenomenon! The growth of the Indian mobile market means that many handset vendors, and new entrants, have an opportunity to make an impact,” is what Jay Vikram Bakshi, Head of Enterprise Marketing, Nokia, has to say about the decline in the market share.
Brand Nokia might have lost some of its sheen and also some of its ‘connections’, yet, many of its patrons still swear by it as they say: (with their confidence intact in the brand) – after all it’s a Nokia!
Edit Bureau: R. Prasad
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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