Abstract

Experiential marketing demonstrates the benefits of a product by allowing consumers to experience it in a meaningful way. For Polaris India—which faced the daunting task of carving out a local market for an unfamiliar product perceived as a luxury item and whose price was adversely affected by import taxes and currency fluctuations—this strategy created enough demand to generate substantial revenues. The company's experiences offer valuable lessons on how to exploit the opportunities that experiential marketing offers, particularly in circumstances where traditional sales approaches fail.

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