Wednesday, February 22, 2012
Since Markathon started its journey in April 2009 as the first monthly marketing magazine from a B-school in India, we have had an amazing experience. The magazine has scaled newer heights with each edition and has given the readers their monthly dose of marketing. We have released the magazine at the end of every month unlike most major magazines. Team Markathon has finally decided to change this. From March onwards, we will release the magazine at the beginning of the month. To ease this transition, we have decided to come up with a special February edition which is a ‘Marketing Gurus’ Collector’s edition.
In this special, we have compiled articles and interviews from all of our esteemed guests right since the inception of Markathon. A one page editorial can never be enough to express the gratitude we have for each and every one of them, who have been patient enough to grant us time for telephonic and email interviews. We have also had some very special articles from renowned names such as Dipak C Jain, Dean of INSEAD and also Martin Lindstrom, one of the foremost names in the world of marketing.
I doubt if there is any other magazine which can boast of exclusive interviews from Al Ries, Jack Trout , David Aaker and Seth Godin. To have achieved all of this within a span of 3 years has made all of us at Team Markathon extremely proud. We have to thank the team from the founding batch of Markathon lead by Asit Jain who gave us an outstanding platform to begin with and the batch of 2009-11 for continuing the wonderful work.
We have also covered a gamut of Indian personalities right from Harsha Bhogle (Cricket Commentator and Author), D Shivakumar (MD, Nokia India), Hasit Joshipura (MD and VP, GSK Pharma India), Santosh Desai (CEO, FutureBrands) and Nadia Chauhan (Joint MD, Parle Agro ) among many others.
From the academia, Markathon has played host to Professors from B-schools all over the world from Harvard Business School, Wharton School of UPenn, Said Business School of Oxford University, INSEAD, Kellogg School of Management, MIT Sloan School of Management, Tuck Business School and others. Personalities like Douglas Holt, Tarun Khanna, Dr.Jagadish Sheth, Sunil Gupta, Jagmohan S Raju, Nirmalya Kumar, and Praveen Kopalle being some of them.
I am sure all the readers of Markathon will cherish this Collector’s Edition and save it for a long time to come. There are 43 Articles/Interviews in all in this Marketing Gurus edition. We will be back with the March Edition in the first week of the next month.
As always, do send in your feedback/suggestions to firstname.lastname@example.org
Sit back and enjoy this edition.
Sit back and enjoy this edition!
Wednesday, February 1, 2012
Another recession seems to be around the corner. The mood has been glum for quite some time. Unlike 2008, when the economy around the world seemed set to touch the sky until the bubble burst in September 2008, and there was no stopping how deep the economies fell. This time, the entire world seems prepared for it; it is almost as if everyone has given up, just waiting for the economy to take another downward spiral. The downward trend seems to have begun in a slower manner because of the fear of recession rather than recession itself. The Indian stock markets have had one of the worst years in recent history shedding more than 25% of its worth in the calendar year 2011.
The mood of the economy is visible in almost all sectors which have witnessed slower growths compared to a bullish 2010-2011. The airlines industry is in such huge losses that Air India might recover only 20 years later (if everything goes right) and there seems to be no respite for Kingfisher either. The consumer electronics industry has also seen a sharp downturn and almost all major players have reported lower sales in 2011-2012.The rising crude oil prices, burgeoning inflation and frequent interest rate changes have only added to the worry. The automobile industry has been the worst hit with net profit taking a 64% dip in Q3 compared on a Y-o-Y basis – the lowest in almost 4 years. The story is along similar lines for other companies with decreased sales owing to lesser consumer spending.
Surprisingly, the Luxury car market seems to be operating in entirely different conditions. Companies selling luxury cars in India, right from the likes of Mercedes, Audi, Jaguar and BMW have never been more upbeat about the Indian consumer. BMW has had a record year of sorts and is set to challenge Mercedes for the top spot for India’s highest selling luxury brand – a spot which Mercedes has held for more years than one can remember. Team Markathon has a brilliant analysis of this sector in this month’s cover story. We bring you detailed insights into the exact reasons behind this trend and also how some of the luxury car companies are making a beeline for India. The cover story also compares and contrasts the strategies used by the major players in the Indian market.
Our Vartalaap for this month has one of the most distinguished names in the world of Automobiles – Mr.Mayank Pareek, Executive Director of Maruti Suzuki India Limited who handles the Domestic and International sales for MSIL. He speaks to us at length about the intricacies of marketing in the automobile sector and about Maruti’s successful brands over the years. We are extremely grateful to Mr.Pareek for taking time out from his schedule to talk to Markathon. From the academia we have Mr.Praveen Kopalle, who is Professor of Marketing at Tuck Business School, Dartmouth. An expert in Pricing and Marketing Analytics, Mr.Kopalle discusses the various trends taking shape in the marketing world with respect to emergent
consumers and also about pricing perceptions. We thank Mr.Kopalle for giving Team Markathon this wonderful interview.
Sit back and enjoy this edition!