What more could you ask for in terms of variety, eh ? Well, let’s dive right into our topics.
In Feb this year, we’d mentioned how we felt that a Gillette campaign seemed to be milking a tragedy in India while ostensibly trying to express a higher moral position. And in March, this post commented on the Ford Figo ads that caused such outrage at the time. The post pointed out that something posted publicly on the internet can be replicated in a very short amount of time, and once something is out it’s impossible to contain it. Brands are now being built in real time, but they can unravel just as quickly, especially if they respond / communicate inappropriately in times of social or national tragedy.
Frank Eliason, Director Global Social Media at Citi, gives a real-time example of how quickly social media shines the spotlight on any online fumbles that a brand makes. The article includes pics of the ridiculous tweets from Epicurious, an online mag for foodies, after the Boston tragedy.
This post by David Armano – Managing Director of Edelman Digital – has a simple but useful checklist for how to handle branded content online during sensitive times. Even if you didn’t click on the other links given in this post, suggest that you click on this one and read David Armano’s post.
Some attitudes towards Gold as an investment
This article in today’s paper reminded me of some posts we’d run late last year; in those, we’d written about the dilemma faced by Mahesh, a friend’s driver who wanted to invest his meagre savings wisely (see posts here and here).
In our earlier posts, we’d written about many commonly held beliefs and attitudes – for instance, like many others, Mahesh believed that gold prices only went up and it was a good hedge against inflation. Within the options in gold, he’d rather invest in gold jewellery than gold coins; in his words, “I will buy gold coins once I’ve bought enough jewelry; kuchh pehenne ke liye bhi hona chahiye naa (there should be something to wear too)”.
Other interesting facets of these beliefs relate to gold and loans. A lot of Mahesh’ friends and neighbours were against buying gold jewellery on EMI schemes and would much rather buy whatever they could afford to with their annual savings; after all, “Yeh tho udhaar hua, aur Lakshmi ko udhaar ke paison ke sahaare ghar kaise laa sakte hain (this is like a loan, and how can we bring Lakshmi – the Goddess of wealth – home on borrowed money)”.
And since this gold jewellery is associated with Lakshmi, the Goddess of wealth, and it is a symbol of the household’s prosperity and status, pawning it is absolutely the last option; though firms such as Mannapuram Gold Loans, Muthoot etc. have gone some distance towards removing that stigma and making the transaction reliable and transparent.
Vitamin water – Danone B’lue’s National launch
In Dec 2011, we’d blogged about seeing Danone B’lue banners all over Pune. This month, we noticed in news articles that B’lue has now been launched nationally. With the launch, this beverage opens a new segment in the Indian Ready to drink beverage segment. Tarun Arora, Country Head, Danone-Narang Beverages said that B’lue was launched as a pilot in Pune followed by a soft launch in Mumbai, and that the beverage was very well accepted in the market.
Will be interesting to watch how the brand fares, and whether the vitamin water market becomes a viable niche in the Indian beverages market.