RPG Group Brand Strategy

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  • 7/30/2019 RPG Group Brand Strategy

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    RPG Group - Brand Strategy

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    RPG Enterprises was founded by Mr. Ram Prasad Goenka in 1979. Through the years the

    group has been a dynamic one, in terms of its pace of growth and its composition. And

    through the years the growth of the group has been so consistent that it has come to being

    strongly associated with the brand.

    But this association is only apparent to those who have been associated stakeholders in

    RPGs interests. Various audiences of RPGs brand are unaware of its existence and its

    composition.

    The group currently has over 10 companies of which 5 are listed. The group companies are

    significant players in industries such as Infrastructure, Tyres, IT, Pharmaceuticals, Speciality,

    Agri-businesses and others. Of all these companies, CEAT Tyres has the maximum exposure

    to end consumers, and is hence the most popular one. All the other group companies are

    primarily B2B, and are hence known only in their respective industries.

    Most group companies have had elements of inorganic expansion in their past. This has

    naturally resulted in several areas where the cultures, ideologies and principles vary across

    these companies. So there are very few unique traits for which the group is known.

    RPG Enterprises have made very minimal efforts in paid advertising to create saliency of

    RPG Enterprises as a parent brand of its group companies:

    RPG Signage: A large signage of the RPG logo has been erected on top of RPGHouse in Worli, Mumbai. The signage is visible from the Bandra-Worli Rajiv Gandhi

    Sea Link.

    Pole Branding: For a brief period RPG purchased pole branding on a particular stretchof road in Mumbai

    In July 2012, RPG released a one page ad in an edition of Economic Times, withfinancial results of all its listed companies.

    RPG Academy of Arts endorses contemporary Indian art, and regularly sponsors artexhibitions of young talented artists at the Jehangir Art Gallery in Mumbai.

    Besides this, there are several social media channels that RPG Enterprises has introduced.

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    The question Deliverable 1

    The sphere in which RPGs brand exists is populated with the likes of Mahindras and Tatas,

    which are not only older business houses, but with a larger number of consumer facing

    companies. In terms of awareness, these business houses set the benchmark.

    But the idea of branding transcends from just quantitative supremacy to qualitative one.

    Many Indian business houses are extremely well know for reasons that are highly negative.

    RPG Enterprises would like to know what are the chief drivers of awareness for a group, and

    what are the target segments that it is catering to.