Having ventured into the 'Built-In Kitchen Appliances' category, Crompton Greaves Consumer Electricals Ltd., a prominent player in the industry, has been featured in the India Edition of Essentials of Modern Marketing by Philip Kotler and Tuhin Mukherjee. The inclusion of Cromptons success story is a recognition of the brands noteworthy achievements and strategic marketing approach. Being featured as a case study in the book highlights the brands innovative steps and contributions in shaping modern marketing practices in the Indian market.
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Crompton Receives Certificate of Recognition from Dr. Philip Kotler and Kotler Impact Team
Crompton believes in launching products based on clear consumer insights. The company undertook extensive research to identify the unmet needs of the consumer. Based on these insights, the company launched differentiated products in the 'Built-In Kitchen Appliances' category to add value to the consumer's life. The consumer research conducted suggests that all Crompton chimneys, hobs, and dishwashers ranked higher in purchase intent by ~10-30% compared to competition. This is because they address specific consumer pain points such as the need for low noise and hassle-free cleaning in a Chimney or a safety device in a Hob.
Crompton, in addition to offering an impressive range of products, is dedicated to providing an exceptional brand experience for consumers. Through a network of exclusive brand stores managed by channel partners, these stores boast a luxurious atmosphere, allowing customers to thoroughly assess products and explore their features in a real-life setting. The serene environment facilitates meaningful discussions with in-store consultants, covering topics such as recipes, kitchen layouts, and lifestyles. Recognizing that kitchen appliances are performance-oriented, Crompton ensures customers make informed choices. The establishment of over 80 exclusive brand stores, coupled with partnerships with leading regional retail and modern trade brands within just 18 months, has significantly contributed to revenue scaling.
Furthermore, a comprehensive 360-degree marketing strategy, featuring industry-first deployment of digital tools, has substantially increased brand consideration scores, putting Crompton on par with market leaders. This strategy prioritizes both awareness and consideration, with print, digital, and outdoor initiatives strategically designed to capture an 8% share of mind within six months of campaign implementation. Crompton is enhancing its service infrastructure to ensure a superior customer experience, extending from installation to post-installation services across more than 20,000 pin codes. This strategic approach solidifies Cromptons success in the built-in kitchen appliances category, emphasizing its commitment to customer satisfaction and market leadership.
Nitesh Mathur, Business Head - New Business, CGCEL stated, "At Crompton, our commitment goes beyond just providing top-notch kitchen appliances. We believe in offering a complete brand experience. Our exclusive brand stores, designed for comfort and exploration, allow customers to engage with our products in a relaxed environment. The success of our 360-degree marketing strategy and digital initiatives reflects our dedication to becoming a household name. With a focus on informed choices and superior customer service, were not just selling appliances; were enhancing lifestyles. We are delighted to be recognized by the Father of Modern Marketing."
Adding further, Mr. Promeet Ghosh, MD & CEO,CGCEL said, "Kitchen is a strategic space for Crompton and kitchen appliances will drive future growth and we will strive to drive growth though this business. This feature is a testament to our winning value proposition."
'Essentials of Modern Marketing' offers an insightful and current overview of how modern marketing operates in todays dynamic environment. It focuses on essential marketing knowledge beneficial for both practitioners and global students. The India Edition specifically highlights success stories from remarkable Indian organizations, making it a rich resource for understanding the dynamics of modern marketing. Packed with local success stories, the book serves as a comprehensive guide to harnessing the potential of contemporary marketing strategies. It aims to bridge the gap between academic concepts and real-world marketing practices. Following a practical approach, the book incorporates various case studies to benefit students, entrepreneurs, and the corporate community at large.
With a legacy spanning over 85 years, Cromptons expertise lies in core competencies of motor technology and air management. Cromptons commitment to addressing unique consumer needs in the Indian market has driven its Built-In Kitchen Appliances to the forefront of the industry. Cromptons inclusion in Essentials of Modern Marketing - India Edition by Philip Kotler is a direct result of our commitment to excellence in business and marketing strategies. By establishing over 80 exclusive brand stores, implementing a pioneering 360-degree marketing approach and prioritizing customer satisfaction, Crompton has not only scaled revenues but also earned a place in this esteemed publication.
About Crompton
With a brand legacy of over 85 years, Crompton Greaves Consumer Electricals Ltd. is India's market leader in the category of fans and residential pumps. Over the years, the organization has continuously strived to produce a range of innovative products, that cater to the modern consumer, which includes superior quality and high-performance fans, pumps, lighting solutions and a range of other categories like water heaters; air coolers; small kitchen appliances like mixer grinders, air fryers, OTG, electric kettles etc., as well as other home appliances like irons and built-in kitchen appliances. The company has also invested in brand and innovation to not only better understand and meet the consumer needs, but to also help drive energy efficiency. The consumer business also has a well-established and organized distribution network driven by a strong dealer base across the country offering a wide service network and robust after sales service to its customers.
The companys consistent focus and drive has helped in developing energy-efficient products and these efforts also received numerous recognitions and awards. It has been honored with three prestigious National Energy Consumer Awards (NECA) by the Bureau of Energy Efficiency, Ministry of Power. The recent award was presented by the Hon'ble President of India, Smt. Droupadi Murmu for the companys storage water heater in the year 2023. In 2019, the brand also won the award in two categories: Ceiling Fans and LED Bulbs. Additionally, it was recognized as one of Indias Best Managed Companies 2022 by Deloitte Private and been listed among 'India's Top 500 companies 2022' by Dun & Bradstreet India. The company has also been featured in "Brand Top 75" most valuable Indian brands list for 2020 released by WPP and Kantar. Furthermore, Crompton was also recognized as the Brand of the Decade 2021 by Herald Global and BARC Asia in the Consumer Electrical category.
