Convenience Marketing !




Convenience wud soon,if not already , be as important a driver of business growth ,along with the normal imperatives like customer service ,distribution ,talent etc ..think about it ...convenience is a key factor among consumers for brand and service switch .



Convenience USP is basically derived from strong consumer insights ,convenience backed with innovation would be a potent tool which business can leverage for the period that it doesn't get replicated ! The biggest risk of convenience plank is that it's easy to replicate in most cases and involves some extra costs which can be offsetted off if volumes go up due to this .



However there are numerous examples to prove ,that prove that it works ,some classic ones are below ::



NEED ::the am pm stores ,the 7 /11stores which work on convenience of being open when u need them !




SPACE:: stores which get more traffic due to the fact of them having more parking spaces



DELIVERY::convenience off getting the consumers thru various channel Say for home delivery :: a single number for all ur food home delivery with an extra charge ,isn't that convenient



USAGE ::convenience of usage in terms of design -say the blackberry service - one convenience plank not yet copied !!



TACTICAL :: say in the heavy festival shopping period ,one big pain is the time taken for alterations of garments ,it wud be tactical good move to SCREAM faster alteration of your dresses as a convenience factor say 15 minutes flat or a discount ,try it ,instead of ur normal bargain offers alone.



Brands need to constantly dig into it's consumer insight bank and keep developing convenience planks and harp on them at least till they get replicated !

Comments

Anonymous said…
Very useful blog.

Sajid,
http://www.crystaldynamics.co.cc/
Unknown said…
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Unknown said…
Well said...
Considering convenience isn’t a strong element
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selection is an important element
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Mansi said…
Very Helpful post..thanks for sharing

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