Recently i had lovely discussion with Design Mela on low cost packaging and branding. Here is a Q&A session published as November Views:
What do you think is the role of Branding and packaging in the low cost segment products in India?
Low cost is a misnomer, our understanding of low-cost products is primarily- products meant for poor people. That is a category where generic products do much better volume business. But since most of the distribution and retail of generic products is dubious and unreliable, there is a growing preference for packaged goods. Though we have almost everything in packaged form as well now, brands have yet to surface. The market is extremely price sensitive; hence package and product get preference over brand as yet.
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