Title: Co-branding Of Spotify and Swiggy (Spotiggy)
1Graduate School of Management Studies
Global Marketing and Communication (GMC)
Co-branding Of Spotify and Swiggy(Spotiggy)
Guided by Dr. Krishna Vaghela Asst. professor
of GSMS-GTU
Presented by Pranav veerani 60
Gujarat Technological University
2Content
- Co-branding
- Basic intro Spotify Swiggy
- Why they should do Co-branding?
- How they can do Co-branding?
- Benefits to the Spotiggy
- Benefits to Consumers
3- Co-branding is a marketing strategy that utilizes
multiple brand names on a good or service as part
of a strategic alliance. Also known as a brand
partnership, co-branding (or "cobranding")
encompasses several different types of branding
collaborations, typically involving the brands of
at least two companies.
4Spotify
- Spotify Technology S.A.
- Swedish-American media services provider
- Primary business is its audio streaming platform
that provides music and podcasts
5Swiggy
- India's largest and most valuable online food
ordering and delivery platform. - Swiggy expanded into general product deliveries,
under the brand name Swiggy Stores. - Instant pick up and drop service Swiggy Go.
- The service is used to pick up and drop off a
diverse array of items.
6Why they should do Co-branding?
- Reduces the cost of marketing expenditure
- More impression generations
- More revenue generation through ads
- New type of audio ads connected to swiggy app
- Swiggy cover entire india and it is easily
recognized as best food delivery app - Spotify cover more than 20 countries including
india but not much famous because of competitor
of jiosavan, youtube-music. - So for opportunity for swiggy is to enter into
global market as food delivery service. - For spotify have opportunity to increase the
number of users of india.
7How they can do Co-branding?
- User have to register on Swiggy app.Swiggy and
spotify apps data are sync with each other.As
you see in swiggy app, thair is option of add
playlist , songs , podcast, food recipe etc audio
thair and also user can modify also.
Copartner by Spotify
Add Playlist
Copartner by Spotify
Add Song
Copartner by Spotify
Naah Goriye From Bala
Copartner by Spotify
Add Playlist
Copartner by Spotify
Food Recipe
Copartner by Spotify
Jain Food Recipe
Copartner by Spotify
8How they can do Co-branding?
- Option 1 User can also add playlist of songs,
food recipe podcast etc.Option 2 Food
Restaurant add food recipe of their food items or
for better customer experience also add songs
that match or co relate with food.Option 3
Swiggy automatically add song ,Food podcast with
related food item so customer more engaged on
application.During the wait of delivery boy
,customer play some khanna songs.
Add Playlist
Copartner by Spotify
Food Tech
Copartner by Spotify
9How they can do Co-branding?
- Option 4 Podcast content creator , create a
channel of food recipe audio in spotify app.its
unique content so its linked with related food
item on swiggy. - If more number of impression are generated then
more number of audio ads listen by the consumer. - On based on that Podcast creator earn
revenue.Content Creators are Housewife,
Chef,anyone who have knowledge of cooking. - Audio Podcast demand is high in the market.
Because of the more engagement with mobile apps
and people prefer more audio content like
business news , case studies , lectures , songs
same like a video content but in audio form.
Add Playlist
Copartner by Spotify
Food Tech
Copartner by Spotify
10How they can do Co-branding?
- Spotiggy OfferTry premium membership free for
3 month Get Super Swiggy membership free for 1
month For this offer more member sign up in the
spotify app(Increased the number of indian user)
and try premium offer and get swiggy membership
free free free
11Benefits to the Spotiggy
- Increased the revenue of the both the firm
- Increased market share
- The widened base of customers
- Increased brand reach
- Increased customer satisfaction
- Reduces the cost of marketing expenditure
- More sales income by the ads and customer
engagements
12Benefits to Consumers
- Value addition in the spotiggy service
- More discounts on the product
- Brand loyalty increase
- Easy to access their fav song with fav food
- Getting more related food recipe and other things
useful for the consumer
13Thank You