In India’s competitive eyewear market, Lenskart’s marketing strategy has carved a niche by combining innovation and aggressive digital outreach. From a startup to a popular household name, Lenskart brings some important marketing strategies to be discussed as a marketing case study.
This blog will break down Lenskart’s marketing strategy using the 4Ps of marketing framework. Learning this digital tactic, especially for an MBA in Digital Marketing, can help to understand the real-world cases with this practical example.
The 4 Ps of marketing strategy are
1. Product Strategy: Lenskart, from the beginning, started solving a clear problem that is lack of affordability and stylish eyewear in India. It offers
The brand focuses on product innovation that blends style, quality, and functionality.
2. Price Strategy: Lenskart follows a competitive price model to make eyewear affordable across segments.
Their pricing balance of value for money with luxury helps them target budget and premium customers.
3. Distribution Strategy (Place): Lenskart uses an omnichannel approach to distribute the product.
This integrated strategy allows them to serve a tier-1 audience, also expanding the engagement with tiers 2 and 3.
4. Promotion Strategy: This is the central focus of the Lenskart marketing strategy
Lenskart crafted it’s brand more than an eyewear brand; it’s a lifestyle choice.
Students pursuing an MBA in Digital Marketing Lenskart’s digital playbook offers several takeaways:
Lenskart uses AI and machine learning to:
The brand leverages:
This content builds organic traffic while educating users.
They invest heavily in Google Ads, Facebook Ads, and programmatic advertising to:
With over 10 million+ downloads, the Lenskart app is a major channel for customer engagement, offering:
Bengal Institute of Business Studies is a top MBA college in Kolkata where real-world brand strategies like Lenskart is integrated into theory as a successful brand case study. Students can get benefits.
Lenskart rises from just a start-up company to a smart, tech-driven company focused on a marketing approach. Learning the 4Ps of marketing strategy with a case study discussion. If you are looking for branding, digital marketing, or e-commerce learning institutes in Kolkata, BIBS is a leading MBA college in Kolkata that could excite you with the psychology of consumer marketing.
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