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Dubia: US $ 1
Million Sales Every Day
Dubai Duty Free followed its successful first
half-year sales with the announcement of record sales for last month
totalling Dh 114.7 million (U.S. $ 31.8 million), thereby averaging
over U.S. $ 1 million per day. This surpasses the previous record of
Dh 108.4 million (U.S. $ 30.1 million) set in January and represents
a 30 per cent increase over July last year. While sales were buoyant
across the board, certain categories showed strong increases over
the same month last year.
Sales of electronic goods almost reached Dh 14
million (U.S. $ 3.9 million) and showed a 35 per cent increase over
sales in July last year. Perfume sales reached Dh 13.4 million (U.S.
$ 3.7 million) and showed the same percentage increase of 35 per
cent over last July. Colm McLoughlin, Managing Director of Dubai
Duty Free, said: "Our first half year sales figures were up 16 per
cent on the previous year and we are absolutely delighted that this
trend is continuing into the second half. We are aiming to close the
year with sales of Dh 1.3 billion (U.S. $ 360 million) and with
monthly figures like this, we are very much on track. This is a
great reflection of the commitment from everyone at Dubai Duty
Free."
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Go Digital with
Binoculars
Now you can have a great
Digital Camera integrated into world-class binoculars. You can take
the 8x magnification binoculars to sporting events, bird watching
trips, and sightseeing tours to view all the action close-ups, and
capture it digitally as well. It takes digital pictures and short
video clips and records the action with great still shots and moving
images. The 8x21 compact binoculars have an integrated 640x480
resolution digital camera. The built-in digital camera captures what
you see in the 8-power view of the binoculars and you don’t have to
buy any film. The VuPoint 35-binocular/camera unit is always in
focus, so you never need to make any adjustments. The camera is
fully automatic, (it adjusts shutter speed) and delivers excellent
colour fidelity so that photos stored in memory are bright and
colourful. Eight MB of memory can store up to 64 photos at very high
resolution or 128 photos at normal resolution. The binoculars also
take great video clips. And getting your pictures and videos onto
your computer couldn’t be easier—simply connect the binoculars with
the included USB cable and "My Computer" will display a removable
drive with all your pictures and videos. Editing, printing, and
e-mailing your photos and videos is a snap using standard Windows
software.
This Binoculars come with: protective carrying case, neck strap, USB
cable, CD-ROM with PC drivers and batteries.
Technical Specs:
Store 64 photos at high resolution/128 photos at low resolution, 10
second self-timer, Angle of view: 9.1 degrees, Memory: 8MB SDRAM,
4.5" x 4" x 2"/11.5 oz., Resolution: 640x480, PC requirements:
Windows 98/2000/Me/XP and Mac Compatible. It is available at just $
99.95.
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No plans to replace
Esteem: Maruti
Maruti
Udyog Limited clarified that the company has no plans to phase out its
popular entry mid-size brand, Esteem, next year.
There have been reports in a section of the media
indicating that the company would introduce a new model next year,
which would replace the Esteem.
While Maruti will continue to work on new models,
there is no plan to replace the Esteem with any new model next year.
The reports on the replacement of the Esteem
originated out of Japan and quoted a senior official in Suzuki Motor
Corporation (SMC), the parent company of Maruti Udyog.
Maruti has been in touch with SMC. It is learnt
that SMC has also denied the report. In a written rejoinder, SMC has
said: "We wish to clarify that we had not made any statement to
indicate that the Esteem would be replaced next year".
"No time lines for launch of a new model were given
nor did we make any mention of replacing the Esteem next year", the
statement by SMC said.
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Hyundai gearing up to
win car war All’s fair in
wars and cars. Hyundai Motor India (HMI) has reshuffled its agency
portfolio in India with unfailing regularity to, presumably, win the
war in the car market.
Hyundai Motor India, the wholly-owned subsidiary of
Hyundai Motor Company, has put the creative duties of its luxury sedan
Sonata on the block. Among the agencies vying for the Rs. 2 crore-business
are Leo Burnett, McCann-Erickson and Ambience. The incumbent is SSC &
B, which helped launch the brand in the country in 2001.
Executives close to the event say that Hyundai
wants to retain a third agency on the roster, which is why its two
other panel agencies—Grey Worldwide India and Saatchi & Saatchi—have
not been asked to make presentations for the current business. Besides
the Sonata, HMI has two other brands on the Indian roads —Santro and
Accent—with the launch of a third brand just round the corner. For the
record, Grey handles the Accent (Rs. 8 crore account) and Terracan
(account size between Rs. 3 and 5 crore) accounts, and Saatchi &
Saatchi is the custodian of Santro (Rs. 12-15 crore). The AOR remains
with Zenith Media.
Sonata would be a clear coup for any agency, given
the potential of the business as well as the prestige factor. No
wonder the hush-hush nature of the pitch. After much persuasion, some
members of the Chennai advertising fraternity did confirm the move,
though company executives could not be reached for comment. Sources
say, the company brass is busy in Chennai putting finishing touches to
the launch plan of the Teraccan. HMI’s sports utility vehicle is ready
to hit Indian roads next week.
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General Motors to launch Tavera
The world’s largest car maker,
General Motors, is set to launch its multi-purpose vehicle Tavera in
India early next year, production trials for which have already begun.
Sources in the company said production trials had already completed
their sixth run. The MPV will be positioned against Qualis, Toyota’s
largest selling vehicle in India and Mahindra & Mahindra’s Scorpio.
The 7 to 9-seater MPV may be priced between Rs. 6 lakh and Rs. 8 lakh.
General Motors Vice-President for Corporate Affairs, P. Balendran,
declined to confirm the development. "As a company policy, we would
not like to comment on our future plans," he said.
General Motors has planned a
slew of launches in every price segment and class in the Indian market
to reach the targeted 50,000 units by 2005. The 2499 cc Tavera will be
similar to the latest version of the Isuzu Panther which competes with
Toyota’s Kijang in South-East Asian countries. Panther which was
developed under the code-name "the 160 Project" was designed for
developing countries in Asia by Isuzu Motors Ltd. in association with
General Motors Corporation.
The Panther is positioned as a
low-priced, reliable, multi-purpose entry-level vehicle. As per the
agreement, Isuzu and GM will introduce these vehicles in various
countries under their respective brand names wherever they are already
present. Both companies will use the same parts and components for
making these vehicles.
The transmission and engine will
be sourced from Hindustan Motors’ plant. Hindustan Motors has been
awarded a letter of intent by General Motors for supply of power units
for their new model of utility vehicles.
In spite of a slow start,
General Motors has been able to make inroads into the Indian market
with the recent successes of Corsa Sail and Optra.
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Mother Dairy to
diversify
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A year after it formed
a marketing company, Mother Dairy Foods Ltd (MDFL), to instil some
marketing prowess in the co-operative brand, the National Dairy
Development Board (NDDB) is all set to unlock the equity of its
in-house brand, Mother Dairy. The co-operative marketing powerhouse is
now set to extend the brand to untapped high-volume dairy product
categories and expand its reach beyond Delhi.
"In the next year, we’ll launch
all the dairy products that we believe have a large market," Mother
Dairy Foods Ltd. Head—Marketing & Sales Paul Thachil stated and added
"in the next six months, we will be retailing these products beyond
Delhi."
Mother Dairy’s new product
offerings are expected to be in categories such as paneer, ghee and
milk powder. "The co-operative sector has not been able to market
paneer well and that is why the market has remained unorganised or
unbranded so far," Thachil said. Mother Dairy was marketing the Vita
brand of paneer from its retail outlets but has stopped stocking it
now. Mother Dairy plans to price its paneer at Rs. 20 for a 200
gm-pack compared to Britannia’s Rs. 22 for the same size.
While Thachil is tight-lipped
about where and how it will source paneer or other dairy products
from, industry sources said that MDFL is close to signing a joint
venture with the Uttar Pradesh Pradeshik Co-operative Dairy Federation
(UPCDF) and may source these new products from the co-operative. "The
sourcing location will have to be closer to Delhi, may be Haryana and
U. P.," is all that Thachil said.
MDFL was formed last year to
offer its services to various State co-operatives to enhance their
marketing efforts through the formation of joint ventures. Till now
MDFL has signed one joint venture with the Kerala Co-operative Milk
Marketing Federation Ltd (MILMA) to market the MILMA brand of milk
products in Kerala.
"The focus of Mother Dairy in
the past was not on marketing at all but on a single product—milk. But
if we have a strong brand, we can unleash the strength of the brand
and use the equity to launch a host of dairy products," Thachil said.
Meanwhile, industry sources say
that the dairy major could also be looking at non-dairy products like
bread. "Milk and bread go together in the Indian market and it makes
good business sense for Mother Dairy to tap that market which is
currently being catered to by unorganised vendors outside Mother Diary
booths," says an industry expert.
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