The bigger the innovation and complex the implementation of a product gets, it caters only to a countable esoteric people and the brand boasts of variety while the bulk of the society is seldom benefitted with it. Regardless of how many features are available in any product, the utility of it by the customers is meagre.
Smaller the
products are, the much easier it is to maintain and serve the required needs at
an affordable price. But the word ‘affordable’ makes people give a sense of
poorness and thus it is also necessary to create a pride in the minds of the
customers who purchase the smaller products. This can be achieved by convincing
people that they are worth of something creatively new that can serve their
needs in the best possible way. Godrej has come up with a mini cooler named
‘Chotukool’ which can replace the traditional earthen pot and offer real
coolness to the beverages. Through this, several villagers are benefitted both
in terms of sale as well as lifestyle. Unsolved societal problems of today are
the future business opportunities and our society is in need of a viable
business model that is sustainable through structured breakthrough methods.
Passionate champions with open mindset can lead this challenge at grass roots.
People
always want to be unique and special, to boast of something which they have
that others lack. They tend to feel happy about rare designs to claim to be the
only possessor of those items. The outer design can be customized according to
the needs of the customers and each Chotukool has different design patterns,
which gives the customers a sense of uniqueness. This portable fridge can also
be an ideal present to gift other people on their special occasions.
A
product designed to create pride in the minds of the buyers, should not cater
to the needs of only a separate section but extend its usage to all classes of
the society so that it is not branded “cheap” and looked down as a poor
people’s property and the lower class people could look up to it as something
affordable they use which the higher classes use too since the higher classes
are always role models for them. “The triangle of market that caters to better
products for richer and the inverse for the poor must become a trapezoid so
that multi-purpose usage is made and the class divide issue is solved”, said Mr
G Sunderraman, Executive Vice President - Corporate
Development, Godrej & Boyce Mfg Co Ltd, India