SlideShare ist ein Scribd-Unternehmen logo
1 von 7
MARCOM ASSIGNMENT
Prof : Hemant Kombrabail
Name : Anurita P. Majumdar
Class : PGDPRCC (full time )
Nakshatra jewelry
Introduction Tagline: divine luck; glow divine

Product: Diamond jewellery

Sector: lifestyle and retail

Founded: 2000

Parent: Gitanjali group

Headquarter: Mumbai

USP: beautiful elegant jewellery, status symbol.

Main competitors: 1. Solitair
2. Kiah

3.Tanishq

Segmentation:
There is a clearly defined segmented market for diamond jewellery. Since the
Nakshatra jewellery is a manufacturer of women’s jewellery, the first obvious
segment is women. Further, since the reach of gold and silver jewellery is far
wider in the Indian market than that of diamonds, because of several reasons
like culture, price, tradition, etc. the market is segmented into women of upper
middle class and upper class. All the advertisements intend to reach out to
status conscious women who adore diamonds. The advertisements define the
segmented market clearly as it showcases Katrina kaif (face of the product) as a
classy lady proudly displaying her diamond jewellery.

To summarize it, the segmented category is upper middle class and upperclass women (psychographics) from urban areas (geography) from the age of
20- 45 years (demographics).

Targeting
The targeting strategy used by the brand is multi segment targeting strategy.
There are several products available at different price ranges. There are well
defined specific groups of buyers depending on the price range as well as
design. Separate marketing mix is used for these products. For example the
bridal collection is relatively more expensive and is meant for women of 20-30
whereas the Dhanteras collection is lesser priced and is meant for a wider age
group. In the above ads there is a specific ad which was released before Diwali.
As Indians purchase jewellery during festivals, this ad is particularly meant for
Diwali purchase.
Positioning
Nakshatra positions itself as lucky jewellery. The taglines are ‘divine luck’ and
‘glow divine’ which states that the jewellery brings luck to the wearer. Katrina
kaif (face of the product) is called the ‘goddess of luck’ implying the same
positioning. Since Katrina joined the industry, most of her movies has been
successful and she has been viewed as a lucky mascot. The brand tries to
identify this quality of hers and draw parallel lines between her image and that
of the product. The designs are pre dominantly unique and floral implying a
very Indian taste .

The jewellery market of India is still heavily dominated by gold and silver
jewellery as these metals have traditional significance in the culture of the
country. Since ages, women wear gold jewellery at their weddings. In the last
decade, this trend has been changing as more and more women in the urban
areas have embraced diamond jewellery for weddings as well as regular use.
The advertisements try to reinforce this trend aggressively by showcasing
popular celebrities like Aishwarya Rai and Katrina kaif wearing diamond
jewellery in wedding costumes as well as gowns implying other grand
occasions.

The central theme of communication
The key messaging of the brand is embrace Nakshatra as it brings you
luck. It says all women are goddesses of luck who wear this jewellery.
It intends to be a trend setter as the brand ambassadors are extremely
popular and by themselves trend setters.
The characteristics attached to the jewellery are class,poise,glamour.
Nakshatra jewelry segmentation,targeting,positioning and key messaging

Weitere ähnliche Inhalte

Was ist angesagt?

Gems and Jewellery Industry in India
Gems and Jewellery Industry in IndiaGems and Jewellery Industry in India
Gems and Jewellery Industry in India10rahulcc
 
Tanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By AnandTanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By AnandManmohan Anand
 
marketing strategies of jewellery new product launch
marketing strategies of jewellery new product launchmarketing strategies of jewellery new product launch
marketing strategies of jewellery new product launchRohit Agarwal
 
Online Artificial Jewelry Business Idea
Online Artificial Jewelry Business IdeaOnline Artificial Jewelry Business Idea
Online Artificial Jewelry Business IdeaQasim Raza
 
A marketing project report on tanishq
A marketing project report on tanishqA marketing project report on tanishq
A marketing project report on tanishqProjects Kart
 
Adorn Jewelry- Brand Management Project.
Adorn Jewelry- Brand Management Project. Adorn Jewelry- Brand Management Project.
Adorn Jewelry- Brand Management Project. Mimansha Bahadur
 
Digital Marketing Strategy for Carat Lane by Disha Shah and Divya Sakariya
Digital Marketing Strategy for Carat Lane by Disha Shah and Divya SakariyaDigital Marketing Strategy for Carat Lane by Disha Shah and Divya Sakariya
Digital Marketing Strategy for Carat Lane by Disha Shah and Divya SakariyaIndian Institute of Digital Education
 
A project report on buying behaviour of gold with regards to tanisq
A project report on buying behaviour of gold with regards to tanisqA project report on buying behaviour of gold with regards to tanisq
A project report on buying behaviour of gold with regards to tanisqProjects Kart
 
International Business Plan for Jwellery Export
International Business Plan for Jwellery ExportInternational Business Plan for Jwellery Export
International Business Plan for Jwellery ExportAbhishek Varshney
 
A project report on consumer behaviour comparison between gili & tanishq on...
A project report on consumer behaviour   comparison between gili & tanishq on...A project report on consumer behaviour   comparison between gili & tanishq on...
A project report on consumer behaviour comparison between gili & tanishq on...Projects Kart
 
Malabar Gold 78
Malabar Gold 78Malabar Gold 78
Malabar Gold 78MOHD ARISH
 
GEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIAGEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIAsethu pm
 
Gems and jewellery industry
Gems and jewellery industryGems and jewellery industry
Gems and jewellery industryHari Thirumal
 
Final ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industryFinal ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industryptaakash
 

Was ist angesagt? (20)

Gems and Jewellery Industry in India
Gems and Jewellery Industry in IndiaGems and Jewellery Industry in India
Gems and Jewellery Industry in India
 
Tanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By AnandTanishq Brand Analysis - By Anand
Tanishq Brand Analysis - By Anand
 
marketing strategies of jewellery new product launch
marketing strategies of jewellery new product launchmarketing strategies of jewellery new product launch
marketing strategies of jewellery new product launch
 
Online Artificial Jewelry Business Idea
Online Artificial Jewelry Business IdeaOnline Artificial Jewelry Business Idea
Online Artificial Jewelry Business Idea
 
A marketing project report on tanishq
A marketing project report on tanishqA marketing project report on tanishq
A marketing project report on tanishq
 
Adorn Jewelry- Brand Management Project.
Adorn Jewelry- Brand Management Project. Adorn Jewelry- Brand Management Project.
Adorn Jewelry- Brand Management Project.
 
Tanishq case study
Tanishq case studyTanishq case study
Tanishq case study
 
Digital Marketing Strategy for Carat Lane by Disha Shah and Divya Sakariya
Digital Marketing Strategy for Carat Lane by Disha Shah and Divya SakariyaDigital Marketing Strategy for Carat Lane by Disha Shah and Divya Sakariya
Digital Marketing Strategy for Carat Lane by Disha Shah and Divya Sakariya
 
Tanishq
TanishqTanishq
Tanishq
 
A project report on buying behaviour of gold with regards to tanisq
A project report on buying behaviour of gold with regards to tanisqA project report on buying behaviour of gold with regards to tanisq
A project report on buying behaviour of gold with regards to tanisq
 
International Business Plan for Jwellery Export
International Business Plan for Jwellery ExportInternational Business Plan for Jwellery Export
International Business Plan for Jwellery Export
 
Kalyan jewellers
Kalyan jewellersKalyan jewellers
Kalyan jewellers
 
Lakme Marketing Strategy
Lakme Marketing StrategyLakme Marketing Strategy
Lakme Marketing Strategy
 
A project report on consumer behaviour comparison between gili & tanishq on...
A project report on consumer behaviour   comparison between gili & tanishq on...A project report on consumer behaviour   comparison between gili & tanishq on...
A project report on consumer behaviour comparison between gili & tanishq on...
 
Malabar Gold 78
Malabar Gold 78Malabar Gold 78
Malabar Gold 78
 
GEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIAGEM AND JEWELLERY INDUSTRY IN INDIA
GEM AND JEWELLERY INDUSTRY IN INDIA
 
Gems and jewellery industry
Gems and jewellery industryGems and jewellery industry
Gems and jewellery industry
 
Titan branding
Titan   brandingTitan   branding
Titan branding
 
Final ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industryFinal ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industry
 
Strategic Management
Strategic ManagementStrategic Management
Strategic Management
 

Ähnlich wie Nakshatra jewelry segmentation,targeting,positioning and key messaging

Different types of jwellery
Different types of jwelleryDifferent types of jwellery
Different types of jwelleryVaishaliDange4
 
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Abbas Dhuliawala
 
542170 634210229644275000
542170 634210229644275000542170 634210229644275000
542170 634210229644275000nitisshh88
 
Malabar Gold and Diamonds - Case Study - Marketing Strategies
Malabar Gold and Diamonds - Case Study - Marketing StrategiesMalabar Gold and Diamonds - Case Study - Marketing Strategies
Malabar Gold and Diamonds - Case Study - Marketing StrategiesYashaswini Agarwal
 
BRANDED VS NON BRANDED JEWELLERY by yeatesh
BRANDED VS NON BRANDED JEWELLERY by yeateshBRANDED VS NON BRANDED JEWELLERY by yeatesh
BRANDED VS NON BRANDED JEWELLERY by yeateshyeatesh009
 
Case Study on Tanshiq
Case Study on Tanshiq Case Study on Tanshiq
Case Study on Tanshiq Janki Parihar
 
Trending artificial jewellery products on offer from the best artificial jewe...
Trending artificial jewellery products on offer from the best artificial jewe...Trending artificial jewellery products on offer from the best artificial jewe...
Trending artificial jewellery products on offer from the best artificial jewe...Indian Imitation Jewellery
 
Jewellery brand sri lanka
Jewellery brand  sri lankaJewellery brand  sri lanka
Jewellery brand sri lankapubuddi shamila
 
Gold m arket of india edited
Gold m arket of india editedGold m arket of india edited
Gold m arket of india editedumesh yadav
 
Gauri Nainika
Gauri NainikaGauri Nainika
Gauri Nainikapalz69
 
strategic management on tanishq
strategic management on tanishqstrategic management on tanishq
strategic management on tanishqVinu Praveenz
 
Premium and Luxury Fashion Exhibition of India
Premium and Luxury Fashion Exhibition of IndiaPremium and Luxury Fashion Exhibition of India
Premium and Luxury Fashion Exhibition of IndiaSutraa Exhibitions
 
Fashion illustration and patterns
Fashion illustration and patternsFashion illustration and patterns
Fashion illustration and patternsUtkarsh Vaishnav
 
Paper jewelry (final assignment)
Paper jewelry (final assignment)Paper jewelry (final assignment)
Paper jewelry (final assignment)Ayesha Iftikhar
 
Revolutionary transformation in jewellery industry
Revolutionary transformation in jewellery industryRevolutionary transformation in jewellery industry
Revolutionary transformation in jewellery industryDr. Neeru Jain
 

Ähnlich wie Nakshatra jewelry segmentation,targeting,positioning and key messaging (20)

Different types of jwellery
Different types of jwelleryDifferent types of jwellery
Different types of jwellery
 
10120140506002
1012014050600210120140506002
10120140506002
 
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
 
542170 634210229644275000
542170 634210229644275000542170 634210229644275000
542170 634210229644275000
 
Malabar Gold and Diamonds - Case Study - Marketing Strategies
Malabar Gold and Diamonds - Case Study - Marketing StrategiesMalabar Gold and Diamonds - Case Study - Marketing Strategies
Malabar Gold and Diamonds - Case Study - Marketing Strategies
 
jwellery industry
jwellery industryjwellery industry
jwellery industry
 
BRANDED VS NON BRANDED JEWELLERY by yeatesh
BRANDED VS NON BRANDED JEWELLERY by yeateshBRANDED VS NON BRANDED JEWELLERY by yeatesh
BRANDED VS NON BRANDED JEWELLERY by yeatesh
 
Jewellry
JewellryJewellry
Jewellry
 
Case Study on Tanshiq
Case Study on Tanshiq Case Study on Tanshiq
Case Study on Tanshiq
 
Trending artificial jewellery products on offer from the best artificial jewe...
Trending artificial jewellery products on offer from the best artificial jewe...Trending artificial jewellery products on offer from the best artificial jewe...
Trending artificial jewellery products on offer from the best artificial jewe...
 
Jewellery brand sri lanka
Jewellery brand  sri lankaJewellery brand  sri lanka
Jewellery brand sri lanka
 
Gold m arket of india edited
Gold m arket of india editedGold m arket of india edited
Gold m arket of india edited
 
Gauri Nainika
Gauri NainikaGauri Nainika
Gauri Nainika
 
strategic management on tanishq
strategic management on tanishqstrategic management on tanishq
strategic management on tanishq
 
Premium and Luxury Fashion Exhibition of India
Premium and Luxury Fashion Exhibition of IndiaPremium and Luxury Fashion Exhibition of India
Premium and Luxury Fashion Exhibition of India
 
Fashion illustration and patterns
Fashion illustration and patternsFashion illustration and patterns
Fashion illustration and patterns
 
Paper jewelry (final assignment)
Paper jewelry (final assignment)Paper jewelry (final assignment)
Paper jewelry (final assignment)
 
F.o final jury
F.o final juryF.o final jury
F.o final jury
 
Revolutionary transformation in jewellery industry
Revolutionary transformation in jewellery industryRevolutionary transformation in jewellery industry
Revolutionary transformation in jewellery industry
 
Fashion 1997t0 2005
Fashion 1997t0 2005 Fashion 1997t0 2005
Fashion 1997t0 2005
 

Kürzlich hochgeladen

Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingDaniel
 
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024Marketing BRANDING
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxSahil Srivastava
 
Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...
Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...
Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...Marketing BRANDING
 
Miss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdfMiss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdfMagdalena Kulisz
 
TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23Social Samosa
 
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubSEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubNitin Manchanda
 
Understand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMUnderstand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMsearchextensionin
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingShauryaBadaya
 
Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...
Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...
Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...Associazione Digital Days
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignnersmuntasibkhan58
 
How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)Blessings Ngalande
 
Creating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdfCreating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdfgopzzzin
 
Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelSearch Engine Journal
 
Llanai Buyer Persona & Segmentation Strategy
Llanai Buyer Persona & Segmentation StrategyLlanai Buyer Persona & Segmentation Strategy
Llanai Buyer Persona & Segmentation StrategyMarianna Nakou
 
8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketing8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketingpshirsat
 
AMAZON Copywriting Portfolio by Cielo Evangelista
AMAZON Copywriting Portfolio by Cielo EvangelistaAMAZON Copywriting Portfolio by Cielo Evangelista
AMAZON Copywriting Portfolio by Cielo Evangelistacrevangelista
 
History of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdfHistory of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdfwilliam charnock
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisitionJohn Koetsier
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar CManojkumar C
 

Kürzlich hochgeladen (20)

Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate Marketing
 
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptx
 
Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...
Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...
Agencia Marketing Branding Examen Fundamentals Digital Marketing Google Abril...
 
Miss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdfMiss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdf
 
TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23
 
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubSEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
 
Understand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMUnderstand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMM
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet Marketing
 
Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...
Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...
Richard van der Velde, Technical Support Lead for Cookiebot @CMP – “Artificia...
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignners
 
How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)
 
Creating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdfCreating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdf
 
Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing Funnel
 
Llanai Buyer Persona & Segmentation Strategy
Llanai Buyer Persona & Segmentation StrategyLlanai Buyer Persona & Segmentation Strategy
Llanai Buyer Persona & Segmentation Strategy
 
8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketing8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketing
 
AMAZON Copywriting Portfolio by Cielo Evangelista
AMAZON Copywriting Portfolio by Cielo EvangelistaAMAZON Copywriting Portfolio by Cielo Evangelista
AMAZON Copywriting Portfolio by Cielo Evangelista
 
History of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdfHistory of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdf
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar C
 

Nakshatra jewelry segmentation,targeting,positioning and key messaging

  • 1. MARCOM ASSIGNMENT Prof : Hemant Kombrabail Name : Anurita P. Majumdar Class : PGDPRCC (full time )
  • 2. Nakshatra jewelry Introduction Tagline: divine luck; glow divine Product: Diamond jewellery Sector: lifestyle and retail Founded: 2000 Parent: Gitanjali group Headquarter: Mumbai USP: beautiful elegant jewellery, status symbol. Main competitors: 1. Solitair
  • 3. 2. Kiah 3.Tanishq Segmentation: There is a clearly defined segmented market for diamond jewellery. Since the Nakshatra jewellery is a manufacturer of women’s jewellery, the first obvious segment is women. Further, since the reach of gold and silver jewellery is far wider in the Indian market than that of diamonds, because of several reasons like culture, price, tradition, etc. the market is segmented into women of upper middle class and upper class. All the advertisements intend to reach out to status conscious women who adore diamonds. The advertisements define the
  • 4. segmented market clearly as it showcases Katrina kaif (face of the product) as a classy lady proudly displaying her diamond jewellery. To summarize it, the segmented category is upper middle class and upperclass women (psychographics) from urban areas (geography) from the age of 20- 45 years (demographics). Targeting The targeting strategy used by the brand is multi segment targeting strategy. There are several products available at different price ranges. There are well defined specific groups of buyers depending on the price range as well as design. Separate marketing mix is used for these products. For example the bridal collection is relatively more expensive and is meant for women of 20-30 whereas the Dhanteras collection is lesser priced and is meant for a wider age group. In the above ads there is a specific ad which was released before Diwali. As Indians purchase jewellery during festivals, this ad is particularly meant for Diwali purchase.
  • 5. Positioning Nakshatra positions itself as lucky jewellery. The taglines are ‘divine luck’ and ‘glow divine’ which states that the jewellery brings luck to the wearer. Katrina kaif (face of the product) is called the ‘goddess of luck’ implying the same positioning. Since Katrina joined the industry, most of her movies has been successful and she has been viewed as a lucky mascot. The brand tries to identify this quality of hers and draw parallel lines between her image and that of the product. The designs are pre dominantly unique and floral implying a very Indian taste . The jewellery market of India is still heavily dominated by gold and silver jewellery as these metals have traditional significance in the culture of the country. Since ages, women wear gold jewellery at their weddings. In the last decade, this trend has been changing as more and more women in the urban areas have embraced diamond jewellery for weddings as well as regular use. The advertisements try to reinforce this trend aggressively by showcasing popular celebrities like Aishwarya Rai and Katrina kaif wearing diamond
  • 6. jewellery in wedding costumes as well as gowns implying other grand occasions. The central theme of communication The key messaging of the brand is embrace Nakshatra as it brings you luck. It says all women are goddesses of luck who wear this jewellery. It intends to be a trend setter as the brand ambassadors are extremely popular and by themselves trend setters. The characteristics attached to the jewellery are class,poise,glamour.