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Students
to light the way for cos at Illumina
Mukta
Magazine in New Delhi
The Management Development Institute (MDI), Gurgaon, is organising
its annual marketing fair, Illumina, on November 11. The aim
of the event is to facilitate individual companies’ market
research needs by studying consumer behaviour and preferences
in the format of a ‘mela.’ The event, which has been pioneered
by MDI, was first held in 1997 and has become an annual feature
ever since, organised arond Diwali time.
‘‘The event is completely organised and planned by the students.
It is a tremendous learning experience, providing them an
opportunity to interact with companies and study real market
situations through simulated games,’’ says Dr Devi Singh,
director, MDI.
Illumina offers an opportunity to marketers to test various
elements of their marketing plan in a controlled environment,
without the participants being aware of being a part of any
kind of research sample. The combination of games and festivity
penetrate the usual defences of a respondent and help uncover
the consumer’s true perspective by eliminating the effect
of biases, say MDI sources.
Illumina covers the entire gamut of services ranging from
problem conceptualisation, research design, to data analysis
and interpretation. The areas covered range from testing product
concepts to gauging customer reactions to a new campaign.
Some of the areas that have been covered in earlier events
include issues like brand personality, brand preference, usage
and attitude study, decision-making processes, product acceptance
testing, advertising effectiveness, sales promotion effectiveness
and awareness study.
Once a company (typically a corporate checking the response
to a concept, product or offering) gives the students the
marketing problem/objective, a research proposal is formulated
and built into an interactive game format. The games are designed
in consultation with corporates and faculty. The data collected
during the games is analysed and the findings are presented
to the company within a period of three weeks. The raw data
is also made available to the company to draw its own conclusions
and use for future reference.
Besides the games, there are around 30 odd stalls where companies
can display their products to increase visibility and brand
recall and can serve as a launching pad for new products.
One of the earliest public displays of the Santro for instance
was at Illumina.
To ensure attendance at the event, targeted methods like direct
mailing and advertising on cable TV are used. The annual marketing
event has elicited enthusiastic response from corporates and
the public, with the event attracting on average around 10,000
people, says Dr Singh. Some of the companies which have participated
in the past include Britannia, Eveready, Reckitt & Coleman
India, Eicher Goodearth, TRIFED, Ericsson, Sony, Perfetti,
Gillette, Maruti, Electrolux and ICI Paints. This year ICI
Paints and Britannia have already confirmed their participation.
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