Business Daily from THE HINDU group of publications Wednesday, Feb 14, 2007 ePaper |
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Marketing
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Strategy Web Extras - Brands Mayur Suitings on expansion mode Our Bureau
Brand ambassador
The company also named Bollywood star Salman Khan its new brand ambassador. "We are proud to have Salman Khan as our brand ambassador, who is the perfect fit for the brand and enjoys a great aspirational connect with consumers across all segments," Mr Jhunjhunwala added.
Following the announcement, Mayur Suitings will roll out a complete 360 degree marketing campaign through the print, radio and television medium. The new television ad featuring Salman Khan will be aired soon. The company also plans to hike its ad spend by 50 per cent from the current Rs 7 crore per year.
Mayur Suitings, which is currently a Rs 100-crore brand, hopes to clock turnover of Rs 300 crore in the next three years.
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