Tuesday, December 29, 2015

Best of Marketing Brands 2015 : Modi & Yellen

Brand Modi  : Micro Modi makes a Macro India campaign.
Modi made the India campaign look aspirational. The Chinese and the Japanese compete to invest. He dashed from Melbourne to London to  Silcon Valley trying to sell 'Product India', repackaging a hitherto sloth brand.  He made IMF sit up and take notice of India being a ray of hope in a declining global scenario.    He built bridges with all leading economies and Africa. He had FDI come in.

He brought need for modernism to the fore with ideas like digital India and bullet trains. He established a direct contact with the youth and old alike through his social media and radio communication.  He borrowed tried concepts  and reworked them successfully(radio , forays to neighborhood).  He made the average Indian feel that development is more important than caste and religion and that it should be above partisan politics. He managed to  get the  focus shift from narrow sectarianism to one on development. He emphasized on revitalizing gestation lagged projects, harnessing skills and digitalizing India. He blended the old and the new in his Clean India Campaign. His make in India harped on quality and attempted to veer consumers away from a distrust of local manufacturers. His financial inclusion campaign earned quite a bit of low cost deposits for banks. He did the unconventional marketing tactic in diplomacy by having breakfast in Kabul, lunch in Lahore and dinner in Delhi . Scandals galore but none seemed to inhibit him.  

Only time will tell whether his efforts succeed but he has captured some minds at home and abroad and carved out a niche brand for hitherto sluggish India.

Brand Yellen:Subtly  assertive: Why Yellen is the best Central Banker
She displayed she was in command yet she was market oriented. The Fed chief ascribed market research to the heart of her policy deliverables. There was market evidence in everything she did. She evened out volatility over the year and was successful  in a quiet year end hike. She raised expectations of her Fed brand; then displayed rare risk mitigation skills. There was no tumult in the market, and there was all round relief to the customer. She made us feel at home.She made emerging economies feel guilty that she had given such a long lead time. She reinforced the Fed brand. There was repeated recall. 

Model for quiet efficiency. 


No comments:

Post a Comment