Fast moving consumer goods (FMCG)
companies are now increasing their focus on the digital medium, with larger
budgets for some of their brands. The overall budget allocation for the digital
medium is still 1-2 per cent of their total advertising spends, but industry
experts say this will go up substantially as FMCG companies realise the power
of engaging consumers online, focusing more on housewives. Companies like Hindustan Unilever, Proctor & Gamble,
Cadbury and Tata Tea have increased their digital ad budgets for individual
brands targeting the housewives so as to engage them and ultimately lead to
buying proposition.
The biggest plus point
is that it is an interactive medium, so customers can be roped in easily. Look
at the success of Sunsilk’s sunsilkgangofgirls.com or Mattel’s barbie.com.The GoaFest’s
internet & new media category saw a surge in entries, with the winners
being brand campaigns such as Axe Spray Chocolate, Cadbury’s Celebrate with
Cadbury Dairy Milk’s and Tata Tea ‘One Billion Votes. Each of them had a huge
role to play in the success of the brands.
With increasing penetration of Smartphone
and more and more housewives using the technology space, FMCG companies are
creating more and more engaging platforms. Also,
social media sites can provide a platform for negative WOM which can even deter
existing consumers. Therefore marketers must be responsive to customers and
resolve complaints as soon as possible. FMCG brands should use social media to
engage housewives mostly for personal care products.
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