3. COMMUNICATIONCONSUMER BEHAVIOURMARKETING
CREATIVE IDEA:
Come out of the
closet
Advertising PR Digital
POSActivation
BRAND IDEA:
Move on
MEDIA
INTERFACE
TV OOH INTERNET
POSINTERACTIVE
WHAT & HOW of Consumer behaviour:
Now watches are seen more in terms of a
fashion accessory than timekeepers.
Fastrack-cool brand and associated with
the young and free spirit.
Unravelling CI: Fastback is challenging
societal conventions, as an extension
of its 'move on' philosophy. It is
redirecting the blame that the youth
of today face from everyone around
them
CONSUMER INSIGHT: The rebellious
youth likes to associate itself with
brands which stand out and Fastrack
uses funky, edgy and provocative ads
for its youth oriented audience. It
gives the youngsters the license to do
what they want and not hold back.
What do they care: Discrimination
based on sexual preferences is still
prevalent and the brand tends to do
away with these stereotypes. Fastrack
allows the youth to "Blame Fastrack
and Move On".
Positioning:
BRAND INSIGHT : Cool
watches for the young
WHICH, WHAT & HOW of Product: casual
watches from Titan (fashion accessory)
WHO & WHY of Primary TG: Urban college
going youth, students,bikers collection*
WHICH, WHY & HOW of market: Tier 1
and Tier 2 Metro cities
MARKET DYNAMICS: The size of the Indian time
wear industry is estimated at Rs 4,000-4200
crore.It is expected to grow at 12-15 per cent in
next few years. A large part of this growth is
expected from youth and luxury segment of
consumers. Fastrack contributes the largest share
of profit to Titan i.e 30-40%
WHO,WHY & HOW of competition:
Timex, Casio, Swatch