Brands
Brands need to motivate consumers to buy during Onam
MUMBAI: As Kerala preps itself for Onam celebrations, brands are trying to recoup some of the profits that had been forsaken because of pandemic.
At indiantelevision.com's ‘The Comeback Of Kerala: Onam Returns’, the fifth session was about understanding overall brand sentiments.This panel was moderated by Kalyan Jewellers independent director Anil S Nair. The panellists included Lodestar UM, IPG Mediabrands executive vice president Laya Menon, Asianet News Network VP Unnikrishnan BK, Malayala Manorama VP marketing Varghese Chandy, Zee Entertainment enterprises limited south cluster head Siju Prabhakaran, Mathrubhumi Group national cluster head Sunil Nambiar and Blue Star Ltd VP sales and marketing cooling and purifications products division C Haridas.
According to Nair, for the past three years, Onam in Kerala has been affected by floods and now Covid2019. It has impacted the consumer requirements and sentiments.
C Haridas said, “Though there is an air of caution, people will start spending from Onam. People are positive and they are hoping that the spending spree will start. Onam is the first festival in the long list, it is a melting ground for all product categories. However, consumers will need the right kind of value and motivation then they will be happy to spend.”
He further added that consumers are actually spending on the basis of a need. In Kerala there is a surge in the sale in water purifiers and air conditioners to maintain the humidity. As per him it is a brand's responsibility to create a need in the market.
Nambiar shared that in the past six months, there has been a total change in the way in which people have accepted this as new normal. He also added that except for the first few months consumer sentiment is more positive now. However, he believes that the Onam market is going to be very dynamic, but there needs to be a right plan to pull the consumers. Media also has a major role to play in that.
Elaborating more about the media's role in influencing consumer sentiment, Unnikrishnan highlighted that the month of April came as a blow, but post 15 August he believes the market will pick up and from being in a saving mode people will start to spend.
Menon pointed out that the usual classifieds are still coming and the level of briefs have not come down. As per her, Kerala is still doing better than other states, giving it a reason to become more optimistic. She also thinks that marketers across categories are looking at spending and advertising rates will go up.
Prabhakaran said that brands should look at how they are responding during this crucial time. According to him, over-reliance on Onam is not a very good sign, there needs to be another festival where consumers have the propensity to spend.
Panellists are of the common opinion that Onam is just not Kerala’s interest, it is nations interest to make it successful. It is the right time to sell products but for that there needs to be proper advertisement and promotions.
Also, they noted that brands should not wait till 15 August to see how the market is performing, but they should start advertising now. Offers need to be floated now in order to create a buzz. Brands should give irresistible offers during this Onam to attract more consumers.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
