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4<br />
Innovation board<br />
1<br />
Amazon tie-ups<br />
with kiranas<br />
Amazon India has been looking at new ways<br />
to bring kirana stores online. Now, the<br />
company has launched a new platform called<br />
Kirana Now. <strong>The</strong> new platform will let kirana<br />
stores upload their catalogs online. <strong>The</strong><br />
deliveries are expected to take an hour or<br />
two, and will be taken care of by Amazon, the<br />
kirana owners and other third-party logistical<br />
companies roped in for this initiative. This<br />
initiative is expected to cater to the customer<br />
need of speedy delivery of grocery products.<br />
http://www.tehelka.com/amazon-tie-ups-with-kiranastores/,<br />
Link accessed on: 29May 2015<br />
2<br />
P&G’s open<br />
innovation strategy<br />
“Connect + Develop” the new initiative of P&G, collaborates with<br />
individuals and companies around the world to develop innovative<br />
ideas and products. Open innovation at P&G works both ways (inbound<br />
and outbound), it includes considerably more than technology, i.e.,<br />
from trademarks to packaging, marketing models to engineering, and<br />
business services to design. <strong>The</strong>re is a global business development<br />
team dedicated to empowering this initiative, searching for innovations,<br />
working with prospective partners and directing innovations through<br />
the company and into the market. Recently it partnered with MonoSol<br />
of Indiana to revolutionize the laundry category by launching Tide Pods.<br />
This partnership was done with the objective of better product offering<br />
for customers, now the cleaning solution dissolves completely with no<br />
residue in a range of water temperatures, from hot to cold.<br />
http://www.pgconnectdevelop.com/home/pg_open_innovation.html Link assessed on: 15<br />
May 2015<br />
3<br />
Cadbury invests in real-time<br />
multi-channel advertising<br />
Cadbury invested £7.5 million in a campaign to launch its new Cadbury Dairy Milk Ritz and Lu products. As part of the<br />
“Moment of Joy” drive of the confectionary department of Cadbury, a seven-week campaign was launched focusing on<br />
driving the awareness and understanding of new snacking products. Majority spends and activity was focused during the<br />
afternoon time, i.e., “tea break moment” with a television advertisement and its digital version on YouTube and its Facebook<br />
page. <strong>The</strong> two product launches have proved to be of significant success, with a hit value of £500 million at the end of last<br />
year, and reported a great response to its real-time marketing. <strong>The</strong> company plans to continue its investment in real time<br />
marketing in television, digital and social media space.<br />
http://www.thedrum.com/news/2014/02/27/cadbury-invests-75-million-ad-campaign-biggest-innovation-2014 Link accessed on: 15 May 2015`<br />
“Automobile, logistics companies to reap<br />
rich GST dividend,” http://www.businessstandard.com/article/economy-policy/<br />
automobile-logistics-companies-to-reaprich-gst-dividend-114121800921_1.html,<br />
accessed on 11 May 2015<br />
“An Empirical Note on the Comparative<br />
Macroeconomic Effects of the GST in<br />
Australia, Canada and New Zealand,<br />
by Tom Bolton and Brian Dollery,”<br />
http://www.une.edu.au/__data/assets/<br />
pdf_file/0006/67947/econ-2004-17.pdf,<br />
accessed on 11 May 2015<br />
Other references<br />
“Reaping the GST opportunities,” http://www.sclc.in/pdf/india-after-gst-presentation/Godrej-Consumer-Products.<br />
pdf, accessed on 11 May 2015<br />
“India’s Goods and Services Tax – A Primer,” http://www.stcipd.com/UserFiles/File/Indias%20Goods%20and%20<br />
Services%20Tax%20%20A%20Primer.pdf, accessed on 11 May 2015<br />
“Towards the GST, An Approach Paper, April 2013,” http://www.ficci.com/spdocument/20238/Towards-the-GST-<br />
Approach-Paper-Apri-2013.pdf, accessed on 11 May 2015<br />
“Officials race against time to roll out Goods and Service Tax Network,” http://articles.economictimes.indiatimes.<br />
com/2015-03-13/news/60086016_1_gstn-services-tax-network-tax-regime, accessed on 11 May 2015<br />
“<strong>The</strong> brand value of GST,” http://www.livemint.com/Opinion/X0vBTWlmE8rbeKJcizQWrI/<strong>The</strong>-brand-value-of-GST.<br />
html, accessed on 11 May 2015<br />
24 | <strong>The</strong> <strong>retailer</strong>