Introduction
“The Ice Cream of Juhu Scheme” – an ice cream parlour that started as an off shoot of a restaurant in 1984, has now gone on to become synonymous with ice cream in Mumbai. If it is ice cream, it has to be Naturals. With fresh fruit flavours, unique taste, easy on the pocket and outlets in prime locations – Naturals has created a brand identity which is very difficult to compete with. It has an ever growing and loyal customer base. Naturals is more or less the benchmark for every ice cream that a person consumes after eating a naturals ice cream. After all, it may be an ice cream, but it is not Naturals; and that makes all the difference.
The Indian Ice Cream Industry that stands at 4,500 crore as of 2013 and is pegged to reach
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3 lakhs, assistance from his wife and three staff members, R.S. Kamath opened his first outlet in Juhu. Rewinding a bit, R.S. Kamath and his brother started off with a small restaurant called Gokul Refreshments from where they used to even sell ice-creams in the evening. As time passed, R. S. Kamath gauging the popularity of ice-creams went ahead to open an exclusive ice-cream shop of 400 sq.ft at Juhu in Mumbai. He named it as Natural Ice-cream, keeping in mind the concept that the ice-creams were prepared from only natural ingredients ranging from milk, fruits to dry-fruits.
The brand became very popular with the local crowd in that area and was an instant hit. Eventually, it gained so much popularity that people from all over Mumbai would visit the store to enjoy all-natural ice-cream preparations from Natural Ice-cream.
Well versed with the skill of making ice cream the traditional way, he started the business by embellishing his ice cream with fruit. A few months after the outlet opened, he introduced 15 new fruit flavours, of which Sitafal became an instant hit. Once the idea of combining traditional ice creams with fruits proved successful, he decided to get the best seasonal fruits and hence travelled across the state to procure them. Although he had immediate success through his products, the products were priced for a reasonable amount and lower than the other established
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After a few months, another unit was set at Mira Road but owing to logistical problems, it was shifted to a huge 22,000 sq.ft factory at Charkop. Currently, the company has a long list of franchisees waiting to partner with them across India and going by the principles and ethics the company follows, it is not going to be an easy wait for all of them. The philosophy of Natural Ice cream is to find the finest and purest ingredients for making ice cream. This way of doing business is not only demanding but also uncommon. This is why Natural ice cream epitomises the purest and finest ice cream in
It opens a new era for take-out foods. Even though they don’t use much technology in cooking process but applying a lot of currently technology is one of their strength. There is no product technology or research and developments occurs which can make a real difference in the products they offers. But it has a secret recipe, which separates its fried chicken and other foods from other fast food providers and attracts more customers. This actually helps it to gain more
Since the company was founded in 1870 to present, the Graeter’s have used the four factors of production; capital, labour, land and Entrepreneurship, to grow their business (Pride, Hughes & Kapoor 2015, p. 11). Entrepreneurs, Louis Charles and Virginia Graeter operated their small business making and selling French pot ice cream, chocolate sweets and baking from a building that functioned as their factory, shop and residence. Developing their own unique recipe for French pot ice cream and using the finest fresh ingredients, they took a risk by investing their time and money to acquire the necessary capital to start their business venture. The initial business structure used by Graeters enabled them to maximise their profits because their overheads
O’Brien describes his experience at the Tip Top Lodge as one that resolved an immense inner conflict he faced. When O’Brien received his draft card in the mail to fight in Vietnam, he immediately had to face the fact that he had been “drafted to fight a war that [he] hated” (O’Brien 38). In the face of danger and what he deemed as “moral confusion,” O’Brien suddenly decided that fleeing to Canada was the only way to avoid fighting in Vietnam. While driving north, O’Brien stopped at a fishing resort called the Tip Top Lodge and met Elroy Berdahl. While he refrained from asking obvious questions during O’Brien’s six-day-stay, Berdahl presumably understood O’Brien’s situation.
A young, 27-year-old, co-founder of the frozen smoothie kit company PACK’D, Luke Johnstone, was named young entrepreneur of the year in 2016 (“From Freezing Shed to Frozen Drinks Rise of the Smoothie Operator” par. 1). Like the Woodstock entrepreneurs, Johnstone quit his job to start his business, but he was not lucky enough for his dream to happen in just a short nine months like the other four men, his took two years of living in a shed in the back of his parents garden (“From Freezing Shed to Frozen Drinks Rise of the Smoothie Operator” par. 4). Another young entrepreneur, like the Woodstock entrepreneurs, is high school sophomore, Natalie Abbott. Abbott turned her 4-H project into her business, The West Hill Honey Company, where she sells honey and lip balm(“Chi-Hi Student Wins State Business Award” par. 1). Although Abbott is younger than the Woodstock entrepreneurs, they are alike because she did not work alone, she had help of her mother and father, just as the four men had the help of each other (“Chi-Hi Student Wins State Business Award” par. 1).
In order to stay competitive they needed to find a way increase their profit. Jamba Juice only offered cold drinks, so in areas with cold seasons, such as New York, they lose money during the winter months. McDonald’s offered smoothies for about one dollar less than Jamba Juice and Starbucks was well known for their adult coffee beverages, which gave them an easy way to enter into a market for children who already came to the store with their parents. With their higher profit margins, large fast food companies could use smoothies as a loss leader and cause Jamba Juice to lose their footing. As McDonald’s began to market their smoothies, it became clear that they were seeing Jamba Juice as a rising
INTRODUCING BOSE CORPORATION • Bose corporation is a producer of audio premium speaker used in automobiles, commercial broadcasting and individual consumers. • It headquarters is in Framingham, Massachusetts and plants in Michigan, Canada, Mexico and Ireland • Bose corporation has suppliers both locally and across the shore. Foreign materials account for 20% of materials used and rest internally within the state of Michigan.
The strategy recommended would match both external and internal fit that help Ice-Fili to increase its current market share (5%), maximise its long term profits and to achieve a sustainable competitive advantage. To dominate the Russian ice cream market and maintain its market leader position, it has to brand itself as the top historical Russian ice cream producer and strengthen its core product in the impulse segment. Due to little product differentiation, there is low brand loyalty for consumers. Ice-Fili could distinguish itself from creating high brand awareness via marketing and advertising.
These potential competitors represents the barriers to entry for instance, the requirement of a high venture, the processes set by the management and also a brand which is well-known by the public to reduce the intimidation set by potential competitors which are due to enter the market sooner or later. Seeing that chocolate is famous world-wide, the possibility for new companies to penetrate the market with new chocolate recipes that are able to capture the consumers’ hearts regardless of
Chapter 1 THE PROBLEM AND ITS SETTING Introduction The original owner Tony Tan and his family opened a Magnolia ice cream parlour in Cubao Quezon city in 1975. In 1978 he and his siblings engaged the services of a management consultant. Manuel C Lumbia,Who shifted the business focus from ice cream to hot dogs after his studies showed a much larger market waiting to be served.
ADVANCED AND APPLIED BUSINESS RESEARCH Name: Muhammad Zubair Qureshi ERP: 12191 Section: MBA (Morning) Topic: WAC (Pillsbury Cookie) Submitted to: Dr. Huma Amir Date: 31-1-2016 EXECUTIVE SUMMARY This case tackles the research analysis that was conducted by General Mills Canada to understand the major factors in terms of variables of their target market in order to make a specific strategy to better the sales performance of the Pillsbury Refrigerated Baked Goods or “RBG”. This research highlights how the company was analyzing consumer preferences in accordance to taste usage and purchase intension for the RBG cookies.
The owners of Sisig sought to be the pioneer Filipino food company by providing unique and memorable customer experience to its clientele. The two individuals, Evan Kidera and Gil Payumo, focused on delivering innovative products and benefitting from a growing customer base. Specifically, being one of the food truck inventors in San Francisco, Senor Sisig had an obligation to revolutionize the sector (Kidera et al., 6). In fact, the decision to operate a unique operational model enabled the company to expand its services from one food truck to current three under its fleet. Through the provision of quality products, Senor Sisig has maximized its returns and continues to be the leading food truck establishment in the Bay Area.
Market penetration pricing is about setting a lower price on our product with aim to attract customers to buy our product because of the cheaper price compare with other competitor. In our ice cream industry, we have many competitors such as Gelato and Llaollao, so we can use this strategy to stand out among other competitor and draw attention from the customers. After we had successfully penetrated into the market, we will slowly raise back our price to our normal pricing. (A. Pahwa, 28 January
Strategic Acquisition 2. Eastward Expansion 3. Snack Foods 4. Southward Expansion 5. Inventory Control
AMITY UNIVERSITY, AMITY SCHOOL OF BUSINESS, NOIDA, UTTAR PRADESH PROJECT REPORT ON: “MARKETING STRATEGIES OF ‘CADBURY’-MONDELEZ INDIA” SUBMITTED TO: DR.SUPRIYA JHA ASB, AMITY UNIVERSITY, NOIDA, UP SUBMITTED BY: ADITI GUPTA BBA – CO7 A3906413041 SUMMER PROJECT REPORT ASB, AMITY UNIVERSITY, NOIDA, UP OBJECTIVES OF STUDY To study about the company’s marketing objectives. To study company’s variety of products. To overview company’s competitors. To study its marketing strategies: communication strategy, distribution strategy and pricing strategy.
Vadilal faces competition from major players such as Amul, Havmor, Mother-Diary and Kwality Wall’s. It also faces competition from other local players in India. Competition is one such factor which is beyond the control of Vadilal. Due to the presence of so many competitors the ice-cream market in India is flooded with a variety of new products in various new flavours. Amul is a market leader in ice-cream space currently occupying 38% of market share.