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Brand
of brothers: Six businessmen team up to ‘sell’ Delhi locality
Pummy
Kaul in New Delhi
It’s got nothing to do with beating down the slowdown blues
yet leading marketers such as Coke, Fosters, Seagram, Cry
and many more have already logged on to it. It’s an idea that
will probably make ace marketers and retailers sit up and
take note (particularly those big time ones who are going
overboard in their bid to woo that elusive consumer): brand,
promote and take ownership of an area collectively to increase
footfalls (read revenue).
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In a novel move, six entrepreneurs—Mr Jiten
Bhalla, Mr Ashish Ahuja, Mr Rahul Makkar, Mr Bhai Upinder
Singh, Mr Sameer Puri and Mr Rahul Makkar behind six Delhi
based pubs and restaurants respectively —Nothing Authentic,
Pebble Street, Mercurries, Mezz/Dawat Khana, Lotus Pond and
Zila Kebabpur—have come together and formed a consortium to
promote New Friends Colony, a posh locality in the Capital,
as a branded and the happening place in town. NFC, that is.
The process has already started with the release of a four-ad
print campaign—last week—that clearly brands New Friends Colony
as NFC and positions the destination as ‘the place’ for someone
who wants to have fun in Delhi.
The aim: to increase footfalls in an area which is fast losing
its sheen to its closest and upcoming destinations such as
large cineplexes and malls which are backed by large corporate
houses and mall managements such as Ansals and PVR.
‘‘The idea is to look a year ahead of the situation. PVR,
Anupam Ansal Plaza are the future threats. And before others
take a lead in positioning these destinations as the happening
places, we want to be there too,’’ says Mr Ashish Ahuja, of
Pebble Street, one of the promoters of the concept.
Interestingly, all the six promoters operate in one common
industry—restaurant business—thereby making them competitors.
Nevertheless all have pooled in their personal resources for
one common goal to promote NFC as the happening destination.
Each is bearing one-sixth of the total costs—Rs 2 lakh per
month.
The investment, all hope, will pay its returns to each of
them individually. How: ‘‘Rather than competing on a micro
level we’re competing now with the strength of a stronger
product and punchier message,’’ says Mr Ahuja. NFC, they argue,
has all the tapperings of a premium and marketable product
package: located centrally, it targets SEC A1 and boasts some
of the best pubs and bars in Delhi. The team goes on to list
more than one USP of the destination. Says Mr Ahuja, ‘‘NFC
is the one and only place in Delhi where within such a small
radius multiple winning and dining options are available.’’
‘‘By increasing the number of footfalls, each will benefit,’’
says Mr Rocky Mohan of Zila Kebabpur. Besides, it also gives
the six-member team enormous cost advantage. To each of the
six restaurant owner—benefit is almost four fold: while individually
each one of them was advertising once a month, now the brand
is being seen four times a month at the cost of one-fourth.
Further, to make NFC the most sought after dining option in
Delhi, the team have various innovative strategies lined up.
Launch of NFC Privilege Discount Cards, offering uniform discount
and privileges across six restaurants, organising Sunday Festivals,
events and functions such as multi-cuisine buffets, Beer Week,
Vodka week, Rock festivals, and others are also on the cards.
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