Preview

Case Study: Foodiebay To Zomato

Good Essays
Open Document
Open Document
1065 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study: Foodiebay To Zomato
They received funding from Info-edge in August 2010. By this they managed to gain some stability as a firm and they decided to rethink where they wanted to stand as a company in the longer run. An apparent answer would be that they wanted to venture into uprights adjacent to food.
One of the very important reasons why they decided to change the name in late 2010 from Foodiebay to Zomato was that they wanted to approach their target market with a very powerful brand name. After limitless debates and arguments with each other, they came up with the name Zomato. They wanted to keep the idea of food in the middle of everything and choose a name that is short, easy to remember and makes people to think about food. Zomato has got a punch to it and
…show more content…
Then they decided to hire a few new employees who seemed to be suited better for their long term strategy. This was a big change for an organization as well as their employees and very fortunately they handled it well.

Rebranding also got them many refreshed and bolstered customers. The best way to explain this would be through one of their customers, who said, “Like they say – everything changes except change. I like the new name and the idea behind, it speaks volumes about the plan and vision that you and your team has for Foodiebay….err… Zomato! I see the company expanding and being the recommendation engine in the very near future, this is not just a website, and it is a movement – best of luck guys”.

Zomato always tried to create an excitement and publicity among their users and other public. They always kept coming up with the most amazing and creative ideas and actions to keep their Public Relation agency populated. If you are a well-known brand, Rebranding is a good excuse for getting in touch with all reporters and journalists for writing stories on the company and its changes. It helps in bringing in a lot of new customers to your business and could very well make up for a loss of customers due to the change in name. Rebranding can also prove to have many
…show more content…
It was difficult for them to explain the reason for change to their clients. Moreover, since they had been preparing for this change for around a month, they always wondered if they should talk to new client referring to themselves as Foodiebay or Zomato. It took a lot of persistence and phone calls to the team to ensure that no one came to know about Zomato before its time.

Rebranding needs to be done in one single shot. You can’t take too long to do it. Once you start building a list of things which you require a change, it easily appears to run into a couple of pages. Paying consideration to the minutest particulars is also important. But what is more necessary is that all of these changes have to made overnight, without breaking down any of the essential services.
Foodiebay metamorphosed into Zomato, and a Zomato application became available for Google's Android operating system.
The app was launched around the best time that is when the smartphone wave was picking up in India. Since then, about eight and a half lakh Zomato applications, or apps, have been downloaded on Android phones, BlackBerry, Windows Phone and the iPhones. The app currently has over 50,000 menus on

You May Also Find These Documents Helpful

  • Better Essays

    Kudler Fine Foods is a food store that prides them-selves on delivering quality goods and wines to their customers. The store has three locations throughout the San Diego area to better accommodate the customers availability and experience. According to the accounting records, in 2003 the company had over a $600,000 loss. Even though this is the year that the third store was opened, it is still detrimental to a company. A well planned marketing system can increase profits year round and make a great impression on its customers (Gordon, 2006). Kudler Foods has a descent marketing system right now but it could always be better.…

    • 1140 Words
    • 5 Pages
    Better Essays
  • Good Essays

    to merge with other companies. I work for the section that was originally Moore. They joined…

    • 424 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Kudler Market Structure

    • 1203 Words
    • 5 Pages

    As a hired consultant a market analysis is performed for the Kudler Fine Food Virtual Organization. To gain full review of the company 's potential the organization’s strategic plan, marketing overview, customer 's views, and market surveys are reviewed. The information will allow an understanding of the company 's competitiveness within the industry. The market structure that best relates to the virtual organization is revealed to access whether the organization has the ability to achieve long term profitability. At the end of the analysis recommendations will be provided to the company to show how the company can maximize profits.…

    • 1203 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    RWT1 Business Report

    • 3891 Words
    • 11 Pages

    Over 60% of adults have a smart phone that uses applications to make life easier. Our restaurant could invest a small amount of money to get ourselves into the mobile app world. This would allow customers to see our menu, order from it and pay with a credit card, before they even step foot in the restaurant. The application could make them aware of future events that are coming up and to even buy tickets to it, if tickets are available. The costs to develop such an application could be very low to high depending on the functions that we would want to include with it.…

    • 3891 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Memo AquaLisa

    • 670 Words
    • 3 Pages

    launch through a new marketing strategy. The intended result is higher sales, wider brand recognition and a larger…

    • 670 Words
    • 3 Pages
    Good Essays
  • Good Essays

    They are now going to reorganize and the solid state of their knowledge assets will help with this effort. Dan said that more than 70% of their good ideas have come from their…

    • 817 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Old Spice Case Study

    • 473 Words
    • 2 Pages

    “Re-Branding” They succeeded acquiring new customers while retaining a loyal customer who contribute their total sales constantly and strongly with the new marketing tool. P&G made a wise decision that they did re-branding not producing a completely new product. The advantage is that there is the loyal customer.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    I will suggest developing a whole new brand, to distinguish the existing brands’ images from the new one, reducing the impacts of the new low-price brand on the existing premium brands.…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Study Woldwide Games

    • 358 Words
    • 2 Pages

    It was necessary to make a major shake up within the corporation to make their customers feel safe and secure to use their system.…

    • 358 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Red Lobster case analysis

    • 916 Words
    • 4 Pages

    Back in 1968, the brand gained popularity by making fresh seafood that was not very accessible back then. However, times have changed now. Customers…

    • 916 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Rebranding, as defined by Wikipedia Free Dictionary, is the process by which a finished product developed with one brand or company or product line affiliation is marketed or distributed with a different identity. This can be done purposefully or out of necessity. Frontier Airlines felt the necessity to re-identify themselves.…

    • 1323 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    There are enough evidences in the case that substantiate the management failure to plan and implement a mechanism of Managing this change. The changes brought into were not well planned, thought through, and sequentially executed. Panics have surged among managers but it’s too late now. The price being paid emanates from fallacy at planning and implementation stage. People continue to be pivotal in catapulting organizational success. Mere intervention in assets plus hardware can at times yield counter-productive results.…

    • 2371 Words
    • 9 Pages
    Good Essays
  • Good Essays

    rebranding strategy should focus on leveraging the strengths to create a competitive advantage and a…

    • 2643 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Jamba Juice Case

    • 1399 Words
    • 6 Pages

    This marked the real transformation and reposition of the company. It changed hands a couple of times and was finally acquired by The Limited, a clothing retailer.…

    • 1399 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    zomato info

    • 911 Words
    • 4 Pages

    Zomato is an online restaurant guide providing information on home delivery, dine-out, cafés and nightlife in cities of India, Brazil, Turkey, Indonesia,New Zealand, the Philippines, South Africa, Sri Lanka, Qatar, the United Arab Emirates and the United Kingdom. The site has an Alexa rank of 1,926 in the world and 205 in India as of October 2013.[3]…

    • 911 Words
    • 4 Pages
    Satisfactory Essays