THE MARKET GAP
What excites kids? How do they decide what they want? What is new?
The Indian stationery market is worth over ₹4,000 crore and is dominated by four major brands. Among them, DOMS, which only entered in 2005, rose rapidly despite competing against legacy players.
They got FOUR things absolutely right. Product innovation, a distinct brand, exciting packaging, and powerful distribution. Naturally, DOMS quickly became the preferred choice.
Shopkeepers preferred displaying DOMS because of its high margins and growing popularity. Which raised the question the whole project turned on.