Submit newsAdvertise & rates  23°C Johannesburg Contact us
Press offices

Marketing opinion

A double tot for a double dip recession

28 Sep 2011 14:00Submit a comment1 BizLike
Scotch whisky makers Grant's may have the perfect blend in their marketing strategy to weather any sluggish economic climate. The euro debt is not easing and the markets are fragile. With rumours abound everywhere of an impending double dip recession it is expected that brands will hall advertising budget to the chopping block without hesitation.
On the other hand though, alcohol brands actually enjoy somewhat healthy if not excellent sales during troubling times. With the expected decrease in noise and clutter, brands need to be innovative if they aim to increase or gain a competitive advantage over rivals.

Adopting adopters

Grants Whisky has adopted a stealth approach to keeping the brand top-of-mind should we truly and well fall into recession. The brand uses the ubiquitous influence of early adopters to infiltrate where marketers can't.

Grant's selected a few individuals who fit their desired market and these are primed to be seeders. The chosen gentlemen are given comprehensive insight, history and proper etiquette for enjoying Grant's Whisky. To ensure that these influential individuals do more than advocate the brand and actually convert within their comfortable close circles.

Grant's presented the selected individuals with the Scotche at steady monthly intervals around the time the individuals are most likely to come together. This approach penetrates deep into the desired market without the wastage affiliated with every other marketing approach. This is basically multiplying brand ambassadors without the multiple petrol cards.

No need to drink and drive

A new report by Mintel International, a market-research firm, shows that a growing number of Americans are guzzling down wine and spirits at home as opposed to in bars and restaurants, and many are trading down to cheaper brands as they seek fiscally conscious ways to party in a sluggish economy! Grant's Family Reserve Blend fits the bill and hand perfectly with its tri-angular shape without compromise of the Scotch legacy or mortgage payments..

The results...

Turning natural influencers into advocates is extremely cost effective and is one of the few options available during economic downturns. McGraw-Hill Research conducted a study of U.S. recessions from 1980-1985. Out of the 600 business-to-business companies analyzed, the ones who continued to advertise during the 1981-1982 recession hit a 256-percent growth by 1985 over their competitors that eliminated or decreased spending.

Contemporary, innovative and cost effective methods of communications are always relevant regardless of the economic outlook. Grants have shot it straight by seeking to influence directly within groups that are comfortable with each other and most likely to convert because billboards do not convince you to make a decisions, people do.
 
More options

About Banele Rewo

Banele Rewo is a Creative (re)Director of Authentic Creatives. A creative strategy, outdoor media and product placement company specialising in the urban African market. authenticoutdoor.wozaonline.co.za an Opinion Leader on www.BizRadio.co.za every Monday at 10AM, he has also contributed to the success of local and global brands through innovation and unique creative approaches. Contact Banele at , follow @Baniroquai on Twitter or view creative portfolio on www.icreatewecreate.com.View MyBiz profile and articles...
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.

Subscribe to industry newsletters

Related tweets


Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.

Subscribe

Receive free email newsletter

Make us your homepageAdd us to your favoritesRSS feedGet biz on your phoneFollow us

Invite

Tell a friend about us