Of course this post is speculative in nature but then isn't that the case with lot of things :)
The question is, how will market leader the Hindu react to the Times of India's proposed launch in Chennai:
The question is, how will market leader the Hindu react to the Times of India's proposed launch in Chennai:
- Do nothing, no one can shake me - 0% probability.
- Do nothing on the surface, work on the distribution control - 10 % probability.
- Start outdoors before the TOI does, buy hoarding spaces - moderate probability.
- Go for a drastic price cut and start a price war - almost certain to happen ( Do remember price positioning is not good but then you just lost the chance)
- Make the paper better - which means not saying a leading star hotel in Nungambakkam but saying Taj Coromandal instead- 10 % probability.
- Start publishing more color photos- 50 % probability.
Comments
My view is Times may get a share in the market at Chennai but most of their readers will be totally new to English dailies or readers of other dailies may start buying Times as the second paper. This may be only due to their attractive schemes. With the launch of Times Of India at Chennai, the market share of THE HINDU will also increase as more awareness on English dailies will get created among the readers.
bye
Atleast now Chennai will be served some different view point and not one that always talks about the futility of a strategic alliance with the US and the benefits of being silent with respect to Tibet!!
Saying that it will not affect the Hindu, is fatalism at its worst.
Also The 'venerable' Hindu has not contributed much to develop the Chennai identity and is almost apologetic about it, as opposed to the Times which has the innate ability to identify itself to the city and its ethos in double quick time.
Wanna bet.....TOI is going to give The Hindu a serious run for its money. The city reader will undoubtedly benefit with a wider choice.