Thursday, December 19, 2013

Treating Consumers as Individuals; why Colgate Remains the Preferred Brand



Thousands of entrepreneurs attempt to realize their dreams by giving rise to new products every year. Take for example, the case of Startup Village, a public – private technology incubator in Cochin (Kerala). Nearly 400 start-ups have been incubated so far since its launch in April 2012. Thousands of companies, as many products as well as brands are introduced in the now ‘one’ global market. It was around this conversation, a friend of mine asked if there is indeed potential for everyone to thrive. Only a fraction of them survive, I mentioned reading about it in a business book. ‘What differentiates the successful,’ he posed.  


Not that I am a marketing pundit but having heard this kind of talk from the wise, I thought of responding to his question. In the age of social media, when consumers tend to pry open businesses and its conduct, there is absolutely no significance of products. Not that it did in the era before social media. Back then, there was hope with marketers and technologists hoping consumers would go through the technology adoption lifecycle. Most tech marketers followed Geoffrey Moore’s bible – Crossing the Chasm, when deploying their go-to-market strategy.
  
Social Media changed all that. Products are what a company makes but it can be easily copied. This implies that what consumers buy isn’t a product but a brand, an experience. More than ever, the brand has become a marketer’s tool for creating product differentiation. More than ever, the brand has to see consumers as an individual and deliver unique experience. The best example is Colgate. 'Brush your teeth the Colgate way, every day,' ends the long copy from a 1939 print advertisement for Colgate. And every day since then millions of Indians, young and old, have used this oral-care brand in various forms, everything from powder to paste, for generations. The question is how the brand ensures that it remains the consumers first brand encounter of the day – everyday.
  
A cousin of mine who is a school teacher in Thalasserry, Kerala is a regular user of Colgate toothpaste. She lives with her ailing mother, aged around 85, and doesn’t believe in elaborate shopping. She prefers the neighbourhood kirana store where she dashes for instantaneous shopping. On one such occasion, when she wanted to quickly grab two small tubes of the Colgate, the shopkeeper didn’t have the same on stock. A large tube would be inconvenient to use for her mother and so she went around asking for the smaller tube. To her dismay, it wasn’t available anywhere in the neighbourhood. Disappointed, she decided to hit social media to find out why her favourite brand wasn’t available in the neighbourhood. She had forgotten about it until her sister called up and informed that there was an executive from Colgate waiting for her. His visit not only addressed her immediate needs (in two days) but also ensured a loyal consumer for the company for life.

Beyond the product and a great brand experience at an individual level – no wonder Colgate is the undisputed leader.      

4 comments:

shobha said...

Oooh, so she got it alright.Wow ...colgate d best. If only all brands followed this path, consumers wd really feel like kings. :-)

shobha said...

Oooh, so she got it alright.Wow ...colgate d best. If only all brands followed this path, consumers wd really feel like kings. :-)

shobha said...

Oooh, so she got it alright.Wow ...colgate d best. If only all brands followed this path, consumers wd really feel like kings. :-)

MR@Rashmi said...

I am reminded of a similar incident way back in 1971 wherein again Colgate was at the centre. My friend 'J', had bought a Colgate toothbrush which broke into two at the point where its handle met the brushing end within a few days of use. He thought nothing of it until another new one he bought also followed its predicessor.He was really miffed this time and wrote to Colgate Headquarters at 'Bombay'. The latter promptly called for the broken pieces which were fortunately available and were despatched by "registered India Post'. Before many days 'J' received two brand new brushes + a postal order for the value of postage spent by him in despatching the matereal. Logical result: He remains Colgate's consumer till this day. Back then, there was no cyber access and the logistics were poor, the only carriers being the good old India Post. Hence the whole process took weeks,insted of days now.
Hurrah for Colgate, but give some credit to the advancement in communication & logistics.

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