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BOND WITH PIDILITE

By Team The Right Writers

Current market consumption and potential provided Ways to increase the consumption in TN and AP :
by Pidilite :

Develop Influence
the consume
market r mindset

Influence Tools to
contracto contracte
r mindset r
Develop the Consumer Contractor Tools to
market mindset mindset consumer

Influence the consumer mindset towards


Steps for developing the market
furniture making
• Collaborate with architects, interior designers & • Promote need-based furniture with increased adhesive
builders: Since most of the consumers have started to usage : Given that the people in TN and AP prefer more
consult with architects and interior designers to build their functional furniture, produce and promote furniture that have
dream houses, we can conduct architect, builder and designer greater adhesive consumption. These furniture can either meet
meets to highlight the uses of our product and collaborate their current needs like modular kitchen or perform a need
with them to develop the market. recognition and fulfil that need like multi-purpose furniture
• Furniture exhibitions: Display our product and sponsor like sofa-cum-bed
events like Furniture Expo to increase the brand visibility. • Advertisement : Ads and videos on social media platforms
• Ad campaigns: Create ad campaigns by highlighting have an increasing viewership and this can be leveraged to
importance of aesthetics in a house. The people in these influence the consumer mindset. By serving media content like
regions prefer products that are of more utility and are not home tours of famous people and influencers and quirky
concerned about the aesthetics. But since now most people content on multi-purposing of furniture can greatly influence
have started to move urban regions, with proper ad the consumers’ mindset.
campaigns we can make the users to understand the • Resale value : One of the main reason why poem living in TN
importance of aesthetics. and AP do not invest much on furniture is because they keep
• TV shows and YouTube: Display artistic furniture in TV moving often and often do not gain much on selling their
shows namely reality shows and soap operas to generate a furniture when they move. So, they prefer cheap furniture that
demand in the market. A series of YouTube shows with fulfils their basic needs rather than fancy or elaborate
celebrities giving a house tour to influence people, since they furniture. By instilling in the consumers’ mind that furniture
tend to follow people whom they like. do have resale value, they consumption can be created
augmented
Develop the Consumer Contractor Tools to
market mindset mindset consumer

Tools provided to contractors to drive more


Influence the local contractor mindset
adhesive consumption
• Incentives : Building contractors can be instrumental in • Networking event among contractors –  The extensive
increasing the furniture consumption in the market by demand for furniture in Rajasthan and Gujarat has paved
associating with or collaborating with builders who work on way for development of new furniture designs in those
large-scale household projects like Case Grande or Appasamy
regions. If we can act as a bridge to facilitate the knowledge
builders. The contractors’ mindset can be influenced to be
engaged in such partnerships by stressing on the outcomes like flow between the contractors of Tamil Nadu and Andhra
greater visibility which will lead to greater work in the future. Pradesh with the contractors of Gujarat, the menu for the
Also, monetary and non-monetary incentives can be provided customers in southern states increase and hence customers
for promoting more furniture and also for promoting furniture can be easily persuaded to buy furniture than now.
as a symbol of social status rather than a mere object of utility • Cross Selling – We can train contractors to effectively cross
among consumers. sell products to customers , the furniture consumption
• Explain the advantages : In TN and AP, people are generally goes up and hence the adhesive consumption.
more willing to move into houses that are semi-furnished or • Skill Development Training – The local contractors need
fully-furnished. The contractor can communicate this to the to be aware of the new trends in the industry. This will help
house-owners or landlords who will in turn invest more on them to increase their consumer base and provide valuable
furniture. This becomes a win-win situation, where the tenant output their customers.
need not transport a lot of good and the landlord will also find • Brochures and Magazines – The contractors in these
tenants faster. The contractor can get made to realise that regions will be regularly updated with the product
he/she will be able to increase their income as both the brochures and few furniture magazines can be sent out to
consumer and provider will be willing to quickly accept and
pay more. them either through emails or post. This will also help us to
retain these contractors and stay loyal to our product.

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