Marketing Planning Term – I PROJECT REPORT Brand Fevicol Company Pidilite Industries Category Adhesives and Sealants Sector Consumers and Bazaar Products/FMCG Submitted By: Group 3, PGP-HRM Akash Khatri 14PGHR05 Jasveen Bath 14PGHR28 Jobin Jacob 14PGHR29 Kiranjit Kaur Arora 14PGHR30 Mannat 14PGHR35 Mayank Aggarwal 14PGHR36 Total no of words: 2723 CONTENTS OVERVIEW For over 5 decades, Fevicol is one brand that has dominated its category to such an extent that its name is used interchangeably with the category itself. Launched in 1959 by Pidilite, as easy-to-use glue for carpenters, Fevicol capitalized on the latent demand for synthetic resin adhesives in the Indian adhesive sector. Pidilite …show more content…
Fevicol has become a household name for generations and has become synonymous with anything that sticks or holds items together. 2. Ogilvy & Mather has done the advertising for the product and quite often the advertising campaigns have become viral. Fevicol’s marketing strategies have been appreciated by both advertising agencies & critics. For instance the “Pakde rehna, chhodna nahi” and “Zor laga ke haiya” ads featuring people hanging from a rope or people clinging to the local trains or even the children who are born with a moustache because their parents used Fevicol to stick theirs are memorable ones. 3. The company has built strong brand equity over the years because of consistent quality and strong supply and distribution network across India. 4. Its application ease & customer friendly approach. 5. Under the adhesives category it is easily the market leader in India with majority market share 2.2 Weaknesses 1. Launch of unsuccessful brands like Cyclo 2. Dependent on acquisitions for some products which are the raw material for the product. 2.3 Opportunities 1. Growing chemical industry in India 2. New products like adhesives that can be used underwater can be introduced by the
The Captains of Industry were certainly one of the most important factors in the development of United States in the period directly after the Civil War. While there is some merit to the argument that the industrial leaders were Robber Barons that did more harm than good, their contributions to American society clearly outweigh those negatives. The Captains of Industry quite literally revolutionized the American way of life that gave the U.S. the highest standard of living in the world prior to the outbreak of World War I. This was made possible due to the emergence of corporations in areas such as finance, steel, oil, and railroads. When these men combined with other factors, such as the mechanization of agriculture, immigration, migration,
Advertising must be done on a mass level to portray the product and its message to mass audience. Moreover instead of just targeting supermarkets, door to door sales should also be opted. Statement of Problem: Ad-Lider Embalagens, SA decides to add the new drawstring trash bag to its product line named as Fecha Facil.
Although many citizens viewed capitalists as “Captains of Industry,” they can also, just as easily, be seen as “Robber Barons.” Even though railroads were beneficial to society, they were not without corruption, as shown by the Credit Mobilier scandal. This was a railroad company that paid itself huge sums of money for small railroad construction. In fact, it received twenty-three million dollars in profit. Moreover, the railroad industry could be seen as completely insincere and dishonest because of its monopoles.
And achieve as a result, the growth for its brand, market share, and sales
The switching costs are high, so customers would somewhat drawback with fear from moving to a new firm leaving the reliable one. This is a heavily regulated industry. 4. Threat of substitutes Low threat of the substitutes as it is determined by the three factors in the industry which are brand loyalty of the customers, switching costs and the belief in effectiveness of new products/ services. Customers are brand loyal in this
Strengths Weaknesses • Over a century of experience an innovation of the traditional film based imaging industry • Well known household name for over a century • Large international presence
The target customers here in case study sport market, whose are Younger’s and their age are form 18 to 34 years. Development well-dressed packaging The second step involve in marketing is to project your product according to the norms, values and custom of the population because when we project our factors have great influence on the product presentation. Implement a unique slogan:
Internal strengths work as the main success factors for an organization. The main strength of the company was its Research and Development section in which it spends almost 9% of its total sales amount. Again the company had very high innovation aggressiveness which led the company to remain in its price differentiation strategy. Moreover the company always had been under the supervision of charismatic leaders which accounted for its strategic success. Lastly, the simple and user friendly premium looking device with uniqueness accounted for the brand loyalty of its
Introduction Every business organization is using a marketing concept which is used as a tool to identify customer’s needs. And further try to meet them by making right decisions in line with customer’s needs. In line with meeting customer’s needs the ultimate goal of every business is to gain profit. That’s why they make use of different marketing strategies to meet not only the need of the customer but as well as the goal of the company. We know for a fact that marketing strategies comprises everything from developing a product, to introducing it to the market, to selling and improving it as the need of the target market changes.
POSITIONING STRATEGY Red Bull’s positioning strategy is based on the concept of product benefit to the consumer. The concept of Red Bull being positioned as Red Bull Gives you wings is a metaphor which is the at the centre of all positioning strategies of the company. It has gained a favorable image in the mind of consumers as an energy drink which enabkles you tackle any difficulty, you will feel much lighter and confident facing challeneges after having a Red Bull. 1. Brand Positioning
• Opportunities: Global expansion, Growing product portfolio, Mergers & Acquisitions • Threats: Decreasing demand, intense competition, increasing labor wages • Strengths: Strong brand portfolio, good cash flow, global footprint • Weaknesses: Long term debt Alternatives • Increase market share in developing economies, if KHC increases their market share it will put them at a competitive advantage
Strategic Direction Britvic plc. is a British soft drinks producer in Hemel Hempstead. It is the second soft drinks producers in United Kingdom. Also, it is quoted on the London Stock Exchange and is a constituent of the FTSE 250 Index. Britvic plc. manufactures, markets and sells both Britvic and PepsiCo brands in UK and Ireland, supported by dedicated commercial teams in both countries.
RESEARCH METHODOLOGY TYPE OF RESEARCH: DESCRIPTIVE RESEARCH: Project report is basically an in-depth description of marketing strategies of Cadbury Mondelez India Ltd. It defines its main market objectives and its goals to be achieved. DATA COLLECTION METHOD: SECONDARY DATA: Data has been collection trough external and secondary sources of data collection methods. Data has been obtained through internet websites, literature, articles and marketing books. INTRODUCTION
First, from the beginning of the classes I was able to design and implement marketing/business strategies in particular areas only. After that, I am able to create long-term and mutually beneficial exchange relationships between an entity and the publics with it interact. Moreover, the strategic marketing analysis & planning process such as internal & external situation assessment, strategy formulation, positioning and marketing mix were taught during lessons in detail that integrated my marketing knowledge. And as a result I also became aware with a range of new issue of marketing management and the marketing tactics in particular that were resulted from the product and branding strategy. I found strategic marketing analysis and planning of this project more challenging than
Economic globalization has greatly adjusted the industrial structure of the developed western countries. Some developed countries actively adjust their industrial structure and product mix at home and vigorously develop emerging industries with high technology, compactness and high added value. At the same time, International economic cooperation, international investment or the operation of transnational corporations, some high-energy, high-material consumption, high-pollution and labor-intensive sunset industries will be transferred to developing countries and even landfills will be built in these countries to directly plunder the land there , Labor, natural resources, clean air and clean water, thus achieving the transfer of environmental pollution. For example, asbestos, a strong carcinogen, is used in Europe and the United States to control the use of products, but the world 's consumption has not diminished, for which, such as the United States MONBIL company and Europe 's largest asbestos manufacturing companies came to India to invest and build a joint venture. Then they set up factories, which produced a lot of pollution in India.