Page 39 - FMT Magazine, September 2020
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          consumers,  while  keeping  our                                    expected to grow exponentially, as
          loyalists close to us. The transition                              the covid impact reduces.
          of heritage brands to be relevant and
          exciting to the new generation is   THE MOST CRITICAL              What is your message to CMOs
          an exciting journey. It entails us to   IMPACT HAS BEEN THE        of food companies?
          keep the brand lineage intact, while   HIT ON CASH FLOWS,          My message is simple. Covid has
          creating aspirations to consume                                    created an unprecedented disruption
          and adopt through delving into     WHETHER IT IS THE               to people, processes and the overall
          insights of consumers, and creating   CONSUMERS’ OR A FOR          fabric of existence. The new normal
          communication   that   connects    COMPANY. AS LOSS                has made people think differently,
          with the way they think. While     OF REVENUE SUNK IN,             adapt and adopt newer ways of
          this is happening, our new product   MARKETING BUDGETS             consumption – be it products,
          launches are designed to acquire new                               media or services. While businesses
          consumers through convenenience    WERE SLASHED.                   have seen huge disruption, it is the
          based formats&packaging, and by                                    marketers who think ahead of the
          being present on the platforms                                     curve that will see success. Do not

          they engage on. The discerning                                     fly blind, and  reframe uncertainity
          consumer of today adopts brand   the season, and the onward supply   as an opportunity. Disruption needs
          philosophies that connect with   chain was quickly put in place. The   to be dealt with disruption. The
          their values and beliefs system,   inventory already present across   brands which stand apart, create
          rather than being led away by fl ashy   various stock points in the country   differentiated reasons to buy and
          over the top communication. Our   helped keep the consumer supply   are able to sync with the consumer
          endeavour will always be to delve   intact. Our ultimate objective of   in her current state of mind, while
          into the insights that drive people,   being accessible to consumers   capitalising on digital and e-com
          and engage with them at that level.   across markets was quickly put   platforms are the ones that will rise
          Building trust and aspiration is also   back in place after a few weeks of   above the current crisis.
          done through carefully nuanced   planning.

          influencer marketing and insight                                    What are the challenges that
          based advertising.               What is your revenue              you will face in next six months
                                           expectation from the second       because of this crisis? How will
          What has been the impact of      quarter?                          you overcome them?
          COVID 19 in your production      The second quarter has been good   Challenges have been many, and
          line?                            so far, and our beverage products   will continue for some time to come.
          While there was initial disruption,   have done well. The newly Tetrapak   The most critical impact has been

          we managed to very soon get      products – Roohafza Fusion (a     the hit on cash flows, whether it is
          resources in place and mobilised our   unique blend of Roohafza and fruit   the consumers’ or a for company. As
          production. The entire value chain   juices), and Roohafza Milkshake   loss of revenue sunk in, marketing
          from raw and packaging material   (a delightful mix of milk and    budgets were slashed. in a time
          had been planned in advance for   Roohafza) have done very well, with   where it is all the more critical for
                                           consumers loving these unique and   trusted brands to engage with their
                                           exciting offerings. Our latest launch,   loyalists. Disruption of physical
                                           Hamdard Honey is just getting     retail due to lockdowns continues
                                           launched and we expect this product   and has reduced consumer footfall.
                                           offering to delight consumers at fi rst   Overcoming such challenges will
                                           go. So, this quarter is getting it’s due   be through recognising each of
                                           share of excitement, and our new   these deep impacts as opportunity.
                                           product pipeline is heavy, with a   Buiding  strong   e-commerce
                                           slew of new launches every quarter.  relationships and platforms will be
                                                                             one of the major recovery strategies
                                           What is the percentage revenue    for any consumer company. Keeping
                                           from the export market out of     the consumer continuously engaged
                                           the total turnover?               through cost effective digital and
                                           The export market is approximately   social media strategies will be the
                                           6% of our total turnover, and is   other.


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