If you were a conscious middle class consumer or if you have attended a marketing course, you would have realized that we in India have more car brands than say tooth paste brands, though the fact is that there are more people in the country who must be using a tooth paste than the number of people who buy/ travel in a car. Now if this fact has come to you as a surprise, then you'll be astonished to realize the fact that we in India have far more number of GOD brands than any other product or commodity brands and obviously so because the customer base is huge, in fact the largest in this category.
Just start counting the number of gods small or big you pray to, on an average on any given day. I won't be surprised even if you come up with a number that's greater than a dozen. The product god is the most carefully studied, researched and delivered product, or is it? The number of brands of this product must be running in hundreds and in fact certain brands have their own extensions and sub categories. Still there is hardly any cannibalization, actually there is no fear of cannibalization as multiple units/ brands can be used at any point in time, so margins might not really get affected much unless and until there is a huge let down by a brand. And in fact every now and then a lot of new brands are being launched in some part of the country or other. Some reach the masses quickly; others take a little time while certain others prefer to remain in their own territory. Starting a new brand is quite easy as no mega budget is required, just a 2 by 2 feet space and a trick or two would do to get started with. Expansions can be taken care of later as per market conditions and demand, and a large land shall be acquired to open a super center just like Wal-Mart does.
A lot of marketing and business gurus must have been boasting about their discovery of the concepts of segmentation and product family and so on, but they have failed to realize that the gods had (I know that the product god is a man made one, still I would like to stick to god being his own creator in this context) already very consciously done their human study and home work. They had already categorized each one amongst themselves as per their advanced market study, for instance they gave Goddess Lakshmi the money market, and Goddess Saraswati the education industry, lord ram the general welfare and so on. If someone really wants to understand and study supply chain management and channel management, they should take this product as a case study. In India there's no other product which enjoys such kind of a reach, they have multiple centers in every street, in fact they are connected from door to door in every home that too without using social media or a 3G network, not even a discount sale ever! Just some freebies on a regular basis do the trick. Their treasury is the wealthiest one in the world, be it recession or inflation they are always secure, they have hedged all their risk and have no down side loss, they have most prompt payment rate as well, their repayment rate is even higher than that of Grameen Bank.
They get paid in billions on a daily basis for the one and only service rendered by them - HOPE. Quite a price to pay for that four lettered service I guess. We are glad to see the product doing so well, as it can be used for various fund raising and research activities. In fact when the whole world is out of business and unemployed, that's when their demand is at its all time high and the bank balance of all these brands touch new highs. And yet god doesn't give a discount during inflationary periods even after earning extra ordinary returns during other times. I guess like all other products even god is always looking at maximizing their EBITDA and PAT.
Product design and Packaging are key elements of any product or brands success apart from its functionality and other attributes. The product ‘God’ has been designed and packed in a really innovative way across brands that each one stands out for its own specific design. For instance Lord Ganesha has been given a designer nose where as Lord Hanumans mouth does the trick for him. In fact most of these gods have various add ons or applications built in with them in terms of a creature or an instrument, like Lord Krishna has his Chakra that he can spin around as and when he likes, while Jesus has been given a designer cross to rest his back on in a stylish way, and certain goddesses have been given the liberty to use animals as their couch. Each of them have their own customized dress code and accessories specially designed using finest material available. I am just wondering, if they had annual awards ceremony, who would they honor in different categories and who would be in the jury?
The gods must have had a real eureka moment when they thought about entering the human market to provide their services, how would they have known this industry would flourish as much as it is doing in India today? They are a big failure in China , as 90% of the Chinese don't have a religion. The gods must have really gotten crazy while trying to create the blue ocean strategy for the world’s second most populous country and you bet, they have been doing a great job so far, it’s the wealthiest industry in the world today and hopefully will remain so for a long long time. Amen
P.S. - Obviously the title has been inspired by the movie. I do look at the concept of God more firmly as a product than anything else, so most of the things that have been said above are a result of the thought process thereof. Anyways disclaimers are inevitable as usual; this piece was written in a completely fun mood and was to just look at things on a lighter note rather than to make a statement or mockery of these highly followed brands. Hope you understood and enjoyed the attempt at subtle humor. Last but not the least, the names that have been taken were incidental and not deliberate to put some brands above or below some other brands,
Today's Favorite Line - "Better to do something imperfectly than to do nothing flawlessly." - Dr. Robert Schuller
Today's Favorite Song - Aye Khuda (Paatshaala)
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