Picture this. A very famous lifestyle exhibition centre in Middle East vibrant with thousands of people every day. We strolled through the stalls of well-known brands pushing our shopping cart.
Mia, my nine-year-old darling
little one, noticed a lot of people carrying similar large transparent bags
containing probably a dozen or more of a certain brand of chips, unheard of in
this part of the world. Curiosity climbed to its pinnacle as we kept meeting
scores more carrying the same bag of chips.
As we turned one of the
corners among the exhibition stalls, we could see a name board carrying the
same brand as of the mystery chips. There were two young men who stood on the
pathway, in front of their allotted stall, each one assigned with a task. One
of them, we felt was literally flying around with a sample packet of opened
chips, politely offering to you to experience the taste first-hand. The offer
had the charm of the prince from Cinderella and the persuasion of Don Corleone
from The Godfather. It was an offer that you couldn't resist.
As soon as you took the first
bite, but before even you could form an opinion about the product, a big bag
filled with more than a dozen packets of three different flavours of chips
magically found its way to our trolley. This was placed tactically by the
second young man who promptly mentioned it was only AED 10 or an equivalent of
less than USD 4, a meagre sum compared to similar products in the market.
The conversion rate was an
almost hundred percent for all the potential customers who walked through that
alley. That's how solid the act of conviction was. Not just that, the complete
act indeed was a performance worthy of a case study in B-schools!
The product was probably
mediocre, though opinions could be purely personal. Packaging was classy.
Advertisement had novelty. Homework done well about target audience.
Positioning was near perfect. Pricing was something short of a celestial
phenomenon.
Finally, with all this, a
brand was born in a market, once penetrated, there was no look back at all.
Peter Drucker, 'Father of Management', if alive, would have been more than
happy to oblige a high-five!
Well done boys!
PS: I’ve
purposefully held back the brand name since I wanted this post to remain
agnostic of any names.
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