If you’re thinking about expanding your business into the Indian market then we have some good news and some bad news. The good news is that India is now the third largest consumer market in the world with an increasingly sophisticated consumer market and healthy income growth. The bad news is that you’re certainly not the only company that’s making the move to the subcontinent.
Get ready to compete!
Given the sheer size of the potential audience, with the Indian market comparable only to China in terms of the market’s speed of growth, it’s perhaps not surprising that India is becoming a battleground for Western firms that are desperately trying to woo native customers.
But Indian consumers have much greater confidence in their local brands than their Chinese counterparts. In China, luxury Western goods tend to sell themselves, but in India, the fact that a product is made overseas is not enough to impress them. If you really want to crack this heavily segmented marketed then you’re going to have to meet local preferences. That’s why India is fast becoming the world’s largest market for localisation.
How to localise for India
Localisation or transcreation is the process of adapting a product or service to a particular language, culture or local market. To engage customers, brands have to meet Indian consumers on their terms, which means not only changing the way they communicate but in many cases, also adapting the product itself to meet the customers’ needs and expectations.
What makes this all the more challenging is the fact that India is a heavily segmented market based on key identifiers such as language. With 22 official languages in India, you’re going to have to work pretty hard to achieve a footing in this sprawling but potentially lucrative market.
Indian localisation tips
1. Create entry-level luxury items
Some products need to be localised more than others. Part of the appeal of luxury goods is that they are uncompromising, so it wouldn’t necessarily be right to make changes to established products to adapt to local needs. However, one way luxury brands are successfully appealing to the Indian middle classes is by creating entry-level luxury goods to introduce Indian consumers to luxury retail.
For example, luxury car manufacturers like BMW and Mercedes have introduced entry-level vehicles successfully into the Indian market using finance schemes that are tailored to meet their particular needs. The cars are also being manufactured locally to drive down the costs as the perception of value in India is extremely important.
2. Localise at a state level
Trying to crack the Indian market has always been notoriously difficult for food brands. Given India’s unique food culture, food manufacturers have to be prepared to localise aggressively to stand any chance of success. Even a global giant like Coco-Cola has to work hard to gain any traction in the Indian market.
Early this year, the soft drinks giant stated its plans to localise two-thirds of its product range for the Indian market. While that sounds like plenty of work in itself, Coca-Cola intends to localise its products at state-level. Not only does it plan to identify popular drinks that are unique to each of India’s states and ethnicities, but it also plans to identify a unique fruit for each state and create new products based on that.
3. Don’t underestimate mobile-first ecommerce
Mobile ecommerce apps are among the most frequently downloaded apps in India. Indian mobile-first ecommerce has grown massively over the last few years given the now widespread use of smart devices. However, the mobile ecommerce market is still in its infancy, which means getting your localised app in front of consumers now could unlock huge opportunities for brands over the next couple of years.
Localising apps for the local market can be a complicated and time-consuming process, but it’s essential to drive engagement and increase download numbers. And, given the potential size of the market, it’s certainly large enough to make the process worthwhile.
Ready to enter the Indian market?
At Linguistica International, we provide a professional localisation and transcreation service to help you pack plenty of punch in the Indian market while maintaining cohesion with your global campaign.