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Project Report
On
“Marketing Strategies”
Of
PARLE LTD.
Preloaded by
MAYURSINH S. JADEJA
Academic year
2009-2011
Roll No.
17
Collage :
KSKV Kachchh University
Guided by :
KANISHAK SHAH
Submitted to
KSKV KACHH UNIVERSITY, B (Mayursinh Jadeja)
Index
Sr. no.
Particulars Page no.
1 Introduction2 General Information
About the company Organization Structure of Mkt. dept. of P.P.L. History & development Marketing Mix
3 Product Introduction Levels of A product Product Mix Brand Name Product life – cycle packaging stage product
positioning Product plan& Strategy Product analysis, Reserch & Innovation Product Related Strategies of P.P.L.
4 Pricing Meaning & Defination Pricing Policy Pricing Methods Factors Influencing Pricing Decisions Pricing Objectives
5 Place Meaning& Selecting Making Channels Channel Levels Channel Mat Decisions Motivating Channel Members
6 Promotion Introduction P.P.L. & Promotion Mix Advertising Sales Promotion Trade Promotion Personnel Selling Publicity Packaging
7 Ending With Future Plans Suggestions Conclusions Bibliography
Introduction
Name & Location : Parle Products Ltd. Village ler, behind shekhpir, bhuj
Regional office : MUMBAI
Branch Office : Delhi, Calcutta, Chennai.
Year of Establishment : 1928
Sources of Finance : Own Capital
Name of the product :
Parle – G
Krack- Jack
Monaco (crishp, light)
Cheese Monaco
Cheeslings
Jeffs
Sixer
Cream Biscuits
Marie choice
Hide & Seek
Nimkin Biscuits
Poppins (Fruity)
Kismi (Elaichi Bar)
Mango Bite
Kismi Toffee
Rol – a – cola
Poppins (Fruity mint)
Resemint
Orange Candy
May Fair (Caramal Fantses)
Lux (The star Tiffee)
Dairy Toffee (Rich Cream)
Tangy
Bool
Fantoosh
Kismi coffee
Production Capacity :
The company has achieved Progress in its
Production Capacity quite quickly and steadily. The production
achieved by the company can be illustrated by the fast that the
production at the rate lactones per annum has now increased to
the rate o got ones per day.
Total turnover : 1100 crores.
GENERAL
INFORMATION
About the Company
(I) Out look of Biscuit Industry :
Biscuit which Constitute an important item of bakery industries
have now become a common item of consumption among all classes of People
with tea or coffee biscuits make a taste nutritious Snack. Biscuits have become
more and more popular as a convenient food with the changes taking place in
the economic life of the masses. The consumption of biscuits has seen
increasing over the years and this envisages the scope for years and this
envisages the scope for setting up of biscuit mixture units. People started
manufacturing biscuits of their own taste by using baking ovens which very
popular in the market now a days. To make it more convenient there is a need
of biscuits mixture which will be ready mix just after adding water, and the
dough will be ready for biscuit making. The Production of ready mix flour on
commercial scale saves time & labour and is sometimes even check up. To the
house wives.
(II) Market of Biscuit Industry :
The consumption of biscuit has been increasing years over
year. The finding of a survey indicates that biscuits are being consumed in the
rural and semi urban arras which constitutes bulk of our population. Looking
at such demand this ready mix can definitely be a popular item particularly in
a rural & urban area.
(III) Insight of Parle Industry :
In the year 1928, there was no any other food industry
producing biscuits and other items of confectionaries. So the chauhan families
the first who have launched or started their industries concerned with Biscuits
and confectionaries. They felt the need or customers requiring the ready
product as and when the consumers need or requirement, chauhan family have
taken the instinctive step in the field of food industry of biscuits.
Parle products ltd. is managed by 7 chauhan families. It is a
partnership firm. Parle products ltd. is contacting manufacturing units. The
company is having total seven departments. In a factory at Mumbai products
are manufactured through various processes in production department. The
machines used by the factory are taken from India and they have also had to
rely on foreign country. In the factory machines are working with fully
automatic and 100% hygienic condition melody production in the factory is
too fast that they produce 140 counts per minute. After completing the
production the products are standardized through various methods. The
company is also having quality control department. They quality of the
product is checked if they are found best then any they are sent for packaging
department.
Finished products are packed with colored butter paper pack.
Then all the packets are packed in cartoon boxes. After packaging products are
labeled. Then different fetch no. of the products are given to each and every
products. After completion of packaging finished. Products are send from
factory to depo. From that parle product ltd. Mumbai dept. have 3 more depos
working for the company in Gujarat. From this depos goods are delivered to
distributors. In this company distributors are called as wholesales.
Wholesalers further delivered these goods to the field staff and
it goes into market. In this unit there is ready stock is available for customers.
All the wholesalers have their own agency in the agency of Parle product Hd.
The work staff from 90 clock in the morning. Products are loaded from
godown for sending the goods or products to retailers. At 9:30 am. First car
starts. In the agency they have recruited salesman delvers and loaders etc.
while delivering goods from the agency to retails shop jeeper. Salesman
carries with them bill books, bags, sample kits, retail pack etc. In the trade,
detailing the product. Sampling of product outlying the product bills, taking
the cash, merchandising the display of the product and ultimately completing
the sales with the best ability all the activities are performed by the salesman.
By providing satisfactory services to there retail customers the company
achieves re-orders from them. The company follows only cash business no
credit is given to retail shopkeepers by wholesalers. The parle product ltd. has
not increased the rate of price also the lucidity maintenance issue good that the
company has achieved market share at their best level. The Parle is the leader
in the market.
History & Development
The history is the past performance of the unit and stage at
which has reached by progress is known as development.
In Parle product ltd. the chief promotion of the company Mr.
Pithamber Chauhan has established the company in 1928 with the small scale
production. The company is established by 7 chauhan families. In the initial
period they first started confectionary manufacturing in a factory of 60 feet ×
40 feet with 12 workers and the production was 40 tone per annum. In value
turnover was Rs. 50,000 per annum. In 1939 company started expansion with
biscuits brands launched were Glucose and monoco. Gradually company has
started producing other novel novelty introduction they are SPIN-H, ORLE,
CHEESLINGS, JEFFS, SIXER, KRACK JACK, POPPINGS, KISMI,
TOFFEES, MELOPY, TOFFEE, VOCACIL, COUGH DROPS, and many
other product in the row. In the year 1981 company started another.
Contents
Introduction
Levels of a product
Product mix
Product life – cycle stage
Product Plan and strategy
Product analysis, research & innovation
Product related strategies of Parle product Ltd.
Introduction
Any damn fool can put on a deal, but it takes genius faith and
perseverance to create a brand.
DAVID OGILAVY
A product is something that is made in a factory a brand is
something that is bought by a customer. A product can be copied by a
competitor. A brand is unique. A product can be quickly out-dated. A
successful brand is timeless.
STEPHEN KINO
A product is anything that can be offered to the market to
satisfy a want or need.
Meaning
Products that are marketed include physical goods, services,
persons, places organization and ideas.
Introduction
Product :
Product is a thing possessing utility. If stands for goods &
services. In a narrow sense, a product is a set of attributes assembled in
identical benefits that satisfy their needs.
According to Philip Kotler, “Product is anything that can be of
fered to a market for attention, acquisition, use or consumption and that might
satisfy a want or need”. Products include more than just tangible goods.
Broadly defined, products include physical objects, service, persons, places,
organizations, ideas or mixer of these entries. Services are products that
consist of activities, benefits or satisfaction that are offered for sale. Services
are essentially intangible & don’t result in the ownership of anything. Thus,
product is an umbrella term covering goods, services. Places, persons & ideas.
According to William Stanton. “ A Product is a set of tangible & intangible
attributes, including packaging, color, price, quality & brand, puls the seller’s
services & reputation.
In essence, consumers are buying much more than a set of
physical attributes. When they buy a product. They are baying want
satisfaction in the form of the benefits they expect to receive from the product.
Product Mix :
The most basic marketing mix pool is “Product Mix”. A
product mix is a set of all products lines & items that a particular seller offers
for sale. A Company’s product mix has four important dimensions. i,e., Width,
Length, Depth & Consistency.
Width: It refers to the no, of different product lines the company carries.
Length: It refers to the total no, of items the company carries.
Depth: It refers to the no, of versions offered of each products in the line.
Consistency: It refers to how Closely related the various lines are in end use,
production, requirement, distribution channels or in some
others way.
The product mix of Vadilal Enterprises Ltd. includes the following
points :
Product Variety
Quality
Features
Brand Name
Packaging
Sizes
Product Positioning
New Product Development Strategy
Now, we shall discuss above points regarding “Product Mix” in
different way & in separate chapter.
Levels of a Product:
In planning its market offering the marketer needs to think
through five levels of the products. Each level adds more customer value and
the five constitute a customer value hierarchy.
In Parle product ltd. the production manager keeps all the five
level of the product. The most fundamental level that parle product ltd. keeps
in mind is core benefit. Then the marketer turns core benefit into a think level,
the marketer of parle product ltd. Prepares on expected product a set of
normally expect. Also parle product ltd. prepares an augmented product that
meets the customer desires. Also parle product ltd. stands for uses of all the
augmentation and transportation that the product might ultimately under go in
the future.
Parle product ltd. is concerned with the processing of best
quality of energy biscuits for the customer. They are manufacturing
confectionaries for children.
Product mix:
A product mix is the set of all products and items that a
particular seller offers for sale to buyers.
A company’s product mix has a certain width, length, depth,
and consistency.
The width of product mix offers to how many different product lines the
company carries.
The length of product mix refers to total number of items in its product
mix.
The depth of product mix refers to the total number of items in its product
mix.
The depth of product mix refers to how variants are referred of each
product in the line.
In Parle Product ltd. the length of the Product mix carries two
different lines. That means the company concerned with manufacturing of
biscuits and confectioneries.
The depth of Parle Product ltd. can be measured for the sizes,
colours, models, price and quality of the Parle Products. Parle Product ltd. has
a products in various Sizes which means the biscuits packets are available in
50gms., 75gms., 100gms., 150gms., 500gms., with various Prices and colours
and colours and quality.
The biscuits market is divided into following segments:
Glucose e.g. Parle – G, Tiger, Gluco-Gold Kwality Gluyco, etc.
Low count stated e.g. Monaco, snax, topate.
More and thin arrow work e.g. parle marie choice.
Low count sweets e.g milk Bikkies, Nice, coconut.
High count sweet. e.g. Brita, Zoological etc.
High count Salted e.g. Sixer. Jeffs, Chakra
Other cookies, cream cruckers, etc.
Cream Variety.
Confectionary is broadly divided into:
Hard Boied Confectionery e.g. orange candies, mango bite, poppins,
etc.
Toffee Modified Toffee, e.g. Kismi, Lux Dairy, Mayfair.
Chocolates eg. Melody, cadburry’ Nestle etc.
Low count sweets e.g. milk Bikkier, Nice, coconut.
High count sweet e.g. Brita, Zoological etc.
High count salted e.g. Sixer, Jeffs, chakra
Other cookier, cream cruckers, etc.
Cream variety
Confectionary is broadly divided into
Hard Boiled confectionery e.g. orange candies, mango bite, poppins,
etc.
Toffee Modified Toffee e.g. Kismi, Lux dairy, My fair
Chocolates e.g. Melody, Cadburry’s Nestle etc.
Brand Name
A brand is name, term, sign, symbol or Design or a
combination of these intended to identity the products of services of one seller
or group of sellers and to differentiate them from those of competitors. Thus a
brand identities the maker or seller of a product.
In other words, a brand is seller’s promise to deliver
consistency a specific set of features, benefits & services to buyers. The best
brand conveys a warranty of quality.
Most of the big companies are having their private brands.
Private brand are often hard to establish & due costly to stock & Primate,
private labels yield higher profit margins for the middlemen, they also give
middlemen exclusive products that cannot be bought them competitors,
resulting in greater store traffic & loyaly.
The unit has adopted its own brand name known as “vadilal”
because of the following reasons.
The unit has broad product lines.
The unit is well established & having a good distribution system.
The unit holds large shares of the market.
The brand name has high consumer acceptance.
The brand name also helps to assure consumers that they will get
consistent quality when they re-order.
From the above discussion we can say that
“Vadilal is one step ahead-as always”
Now days, the company gets success to attract many customers by just the
power of its name & strange image in the market. Today the brand name is
counted much more than the features, Price & other things. The purchasing
decisions made mostly from the brand name of the company and that’s why
Vadilal Ice-Creams are on the top & thus. We confidently say like.
“Nothing can satisfy you like Vadilal”.
Packaging
Some marketers have called packaging a fifth ‘p’, allying with
product, price, promotion & place However packaging is treated as an element
of packaging consists of all the activities designing & producing the container
or wrapper for a product. The container or wrapper is called the package
physical product require packaging decisions to create such benefits as
protection, economy convenience and promotion packaging also have various
elements like size, shape, materials, colour, text & brand name.
Parle Product ltd is always very accurate in the matter of
packaging the products & they care a lot & fined more importance to this
activity at some point. Ice-cream are the frozen liquid items & requires the
superior package & packaging activities because of the following purposes.
Packaging protects the product on its way to the consumer. The
biscuits & chocolates of P.P.L. co. are transported to a very long
distance & also it can prevent tampering with products in the
warehouse or retail store.
Package goods generally are more convenient, cleaner and less
susceptible to losses from evaporation, spilling & spoilage.
Packaging also helps in identifying a product & thus, may prevent
substitution of competitive products.
From the above Points, we can say that package can serve as a
“Silent Sales Person”. Plastic’s wrapper & paper container, ultimately a
package may become a product’s differential advantage, or at least a
significant part of it. Thus, products might be differentiated by a feature of the
package.
Product Positioning
Positioning is an act of designing the company’s offer & image
so that the target market understands and appreciates. The product can enjoy a
strong positions in the market when it fills the consumer needs there for, the
company’s positioning must be routed in an under standing of how the target
market defines value & makes choices among vendors. Positioning them its
competitors along with real dimensions in order to be the preferred company
for creating market segment positioning aims to help customers to know the
different between competition companies, so that, they can match themselves
to the company that it can satisfy their needs best.
The P.P.L. holds a better & strong market share in the market
of Ice-cream vadilal ice-cream stands at the top position of market with its
image in P.P.L. is accepted in all over India
Teenclgers (appr. 30%)
Children’s (appr. 45%)
Middle age & Old age People (appr. 25%)
Product Life Cycle Stage
From the time the produce idea is been during its development
and up to the time it is launched in the market, a product goes through the
various phases of its development. Its life begins with its market introduction,
next it goes through a period during which its market grown rapidly.
Ultimately it resides marketing, maturity after which its market declines and
finally the product dies.
The product life cycle may move through five stages
Introductory, pioneering as development stage.
Growth or the market acceptance stage.
Market Maturity stage
The Saturation stage
The Decline stage
In Parle Product Ltd. the product of the unit has reached at
growth stage. In this stage, the product is produced in significant quantity and
put in the market without delay. Here in this unit also the Parle Product Ltd. is
having ready stock working with them. As the company Parle Product Ltd. has
reached as its growth stage there are large number of competitors entered in
the product. Parle Product Ltd. is having a number of distribution outlets and
that’s why the products of Parle are fixed at economic rate.
Product Plan Strategy
First of all Parle Ltd. concentrate on the need of consumers and
then produces to satisfy those needs of the consumers.
Product planning is defined as the process of deciding in
advance every factor related to product. Each company has their own product
planning and strategy.
Parle Product Ltd. while dealing their product plan and strategy
keeps in mind the following points:
Market SIZE
Consumer NEED
Competition CLUTTERS
After going through the above factors plans are made for the
production and distribution of products, but the main aim remains to meet with
consumer’s needs and demands to know the consumer needs market research
is carried out, through small market research team.
Product Analysis Research & Innovation
Product analysis is the process of evaluating the product and
finding its positive and negative points. Product Analysis refers to the finding
out of pros and cons of any products of the company. The product of the
company is compared with similar products of other companies and then the
product it evaluated on the basis of results obtained.
Product Analysis is done through Research work. The market
and Consumer Research shows the position of the Product and also indicate
whether any modification or change is to be made in the product.
The Parle Product Ltd. have their own Marketing Research
Department. If the company wants to launch any new product then they first of
all make segmentation of cities. If the questionnaires are prepared and people
are interviewed about which type of product they need. Feed back from the
customers are collected and they are scrutinized on the basis of data collected
from the people. Top Level Executives takes action on that. The Manager of
Marketing Research Department and Manager of Production Department both
get concerned with each other and then the finalization of the product is mad.
As the product gets finalized, they are launched in selected cities for test
marketing and get the response about whether the product is going to accept or
not. They are test marketing and getting feedback for six months. If they feel
that the product is fitted according to Customer demand. Then the products are
produced for while market. Other wise changes are made das and when
required.
Product Related Strategies of P.P.L.
“Today the issues of branding, packaging, product warranty
and product servicing are especially sensitive are as than ever before”.
Merchandising
The work merchandising means goods for sales and
merchandising is a comprehensive concept which embraces all concepts
undertaken at the retail to promote sales.
Parle Product Ltd. also uses various types of display material
which reinforces the impression and effects. They are using strummers,
posters, backup sheets, yard stickers, boxes, self stickers, wall paintings stands
and dispenser.
Branding
Perhaps the most distinctive skill of Professional Marketing is
their ability to create, maintain, protect and enhance brands. “Branding is the
art and curbstone of Marketing”. The American Marketing Institution defines
Brand as:
A Brand is a name, term, sign, symbol or design or a
combination of them, intended to identify the goods or services of one seller of
group of sellers and to differentiate them from those of competitors.
As Parle Company gives importance to both brand name and
quality. They believe that brand and quality are the two sides of the same coin.
For maintaining brand it is necessary that the quality of the product should be
best.
BRAND NAMES OF THE BISCUITS OF
PARLE PRODUCT LTD.
1. Parle - G
It is one of the oldest brands of the company which was
introduced in 1939. It is crisp, sweet and has got unique taste. It is a brand
leader especially in west and north zone which are strong Glucose market.
There are lots of limitations of this products, lot of consumption is through
children.
2. Monaco Roll
Monaco Rolls are available in delicious round shaped, salty
biscuits. Very light, very crisp, eaten plain or with toppings and never sold
loose.
3. Krack Jack
Krack Jack of Parle Product Ltd. is about 24 years old product.
It is sweet and salty in taste.
4. Cream Biscuits
Cream biscuits of Parle Product Ltd. are available in four
flavors – Orange, Pineapple, Chocolates and Elaichi. With very crisp and
creamy biscuits, each biscuit includes seven grams cream which is available at
very economical Price.
5. Dump Varieties i.e. High Count Salted Biscuits
(a) Cheeslings : Cheeselings are only type of its kind and unique
cheese biscuits which are very light, thin and
fluffy.
(b) Sixer : Sixer is the brand name which means six sided
salted biscuits.
(c) Jeffs : Jeffs are of small shaped Jerra biscuits.
CONFECTIONARIES - CANDIES
1. Orange Candies:
Orange candies are of the oldest brand of Parle Product
Ltd. It is of oval shaped orange flavored candy which is very popular
among children.
2. Mango Bite:
Mango Bite is mango flavored bid size candy.
3. Roll – A – Cola Candy:
4. Poppins:
It is one of the oldest and very successful brands
available in roll form in various fruity flavors.
5. Peppermints & Rosemings:
Pepper and rose flavored menthol candy in tablet form.
CONFECTIONERY: TOFFEES
Kismis Toffees
Mayfair Toffees
Lux Toffees
Dairy Toffees
Melody Toffees
Melody Regular
Melody Variants
Kismi Toffee Bar
Melody Production in Parle Product Ltd. is too fast that the
machines are working with fully automatic and 100% hygienic capacity. The
Product of Melody per minute is 140 count.
Trademark
A trade mark have been defined as any sign, mark, symbol,
work on words which indicated the origin or ownership of a product as
distinguished from its quality and which others have not the equal right to
employ for the same purpose. Trademark or brand may be registerable or non-
registerable.
As we have already seen that Parle Product Ltd. has choose
various trade marks or brand for their products of biscuits and confectionery
products.
Slogans
Slogans and sentences are used to win sales and increase
business when used intelligently. Someone has said “If you win a luck phrase
you win future success”. Good slogans are never wear out, they are as good
today as they were yesterday and will remain so far coming hundred years.
The following are some slogans which are used by Parle
Product Ltd. have coded in increasing sales by converting prospects into
steady customers.
SLOGANS PRODUCT
1. Crispy Jerra Biscuits Jeffs
2. Crispy Salty Munchies Sixer
3. Cheesier ! Munchies Cheeslings
4. Jeera Ka Jabardast Jalwa Jeffs
5. Curcure Namkin Ka Karara Maja Cheeslings
6. Khile Khile ! Cheese Bhare ! Swad Bhare !
Cheeslings
7. Thoda Mitha Thoda Namkin Krack Jack
8. Tiagling Fresh Extra Strong Mint Parle Extra
9. Cola Ka Gola Rol – A – Cola
10. Jeene Ki Raah Yahi Hai Sahi Parle – G
11. Swad Bhare Shakti Bhare Parle – G
12. Melody Khao Khud Jaan Jao Melody
13. Mast Mast Falon Ka Naya Maja Poppins
14. The Big Toffee Bar Kismi Toffee
PRICING
Pricing Policy
Skimming Price Policy:
This strategy involves setting a very high price, so that in the
initial stage cream of demand may be skimmed and enormous profits made for
an indefinite period or the price may be covered later in order to tap other
segments of the market.
Penetration Price Policy:
In this strategy a low price is set to reach the market
immediately.
Parle products has adopted penetration price policy for their
items of biscuits and confectionery, because in consumer products there are
many competitors prevailing in the market. So it is not possible to set a very
high price in the initial period. Considering their competitors policy parle has
adopted penetration price policy.
Pricing method
The price, the company charges will be somewhere between
one that is too low to produce a profit and one that is to high to produce any
demand product costs set a floor to the price. Consumer perceptions of
product’s value set the ceiling. The company must consider competitor’s price
& other external & internal factors to find the best price between these two
extremes. Companies set prices by selecting a general pricing approach that
includes one or more of three sets of factors such as : The cost – based
approach like cost – based approach like cost-plus pricing, break-even analysis
and target profit planning :
The buyer – based approach like perceived – value pricing:
The competition based approach like going – rate & sealed –
bid pricing.
The Vadilal Enterprises Ltd. has much longer product line. So,
it would be difficult for all products. Therefore, the prices are fixed according
to the materials consumed & adding relatively services.
Generally, pecking method adopted by the unit is the cost –
plus pricing. This pricing method is considered the best approach to pricing. It
is based on the seller’s cost of production plus additional margin of profit.
There are a few items in determining the sale price i.e.
Cost of producing / acquiring goods
Cost of operating / selling expenses
Interest, Depreciation etc.
Expected profit margin
The cost – plus pricing method is a very common practice
particularly in retail trade. because of the following reasons:
Sellers can determine cost much more easily.
Where all the firms in the industry use this pricing method. their prices
tend to be similar. Price competition is therefore minimized.
Many people feel the cost plus pricing is fairer to both buyers &
sellers, As sellers do not take advantage of buyers when the latter’s
demand becomes acute, the sellers earn a fair return on their
investment.
Therefore, the prices fixed by the P.P.L. are in such a manner
that they include cost or production, adding relatively services & profit margin
& also the prices are affordable by all classes of people. Therefore, we can see
that the pricing method adopted by the unit is perfectly suitable.
Pricing Methods
Companies revolve the pricing issue by selecting a pricing
method. The pricing method then leads to a specific price. As there are many
pricing methods which are as under:
Mark – up Pricing
Target Return Pricing
Perceived Value Pricing
Going Rate Pricing
Sealed Bid Pricing
Parle Products Limited has adopted sealed bid pricing method
for the fixation of prices of biscuits and confectionery. Competition oriented
pricing is common where firms submit sealed bid for jobs. The Parle products
fixes the prices taking into account prices of competitors rather than rigid
relation to the firm’s supply or demand. Parle wants to win the contract and
winning normally requires submitting a lower price than competitors. At the
same time the unit has not set its price below cost.
There is no government regulation in fixation of price of
products P.P.L., government only advises on the quality of the products.
There is no any type of discount and allowances provided to
dealers and customers. The products are not sold on credit basis and there is
only such cash system prevailing in P.P.L.
During my field training in market, I came to know that there is
no credit benefit provided to retailers, stockiest or customers, because they are
the market leader and without providing credit facility also their products are
in great demand by the retailers and customers. Also if they fix some high
price, then also, the loyal customers of the P.P.L. will not get diverted toward
others products because 90% of the customers believes in good quality rather
than only on price. Only 10% of customers may have a chance of
diversification towards other brands.
Factors Affecting Pricing Policy
The price fixed by the seller’s own sentiment may not
necessarily be accepted in the market. Historically, prices were set up by
buyers & sellers negotiating with each other. Seller would ask for higher price
than they expected to receive & buyers world offer less than they except to
pay. Through bargaining. They world arrive at an acceptable price.
Today, most sellers set one price for all buyers. Yet, many
companies do not handle pricing well. There are number of factors which
affect the pricing policy of the company. If the entrepreneur would not give
much importance these factors, he may not be able to survive in the
consumer’s markets. The factors affecting the pricing policy can be broadly
deviled into two categories.
Internal factors which include the company’s marketing objectives,
marketing – mix strategy, costs & organization etc.
External factors which include the nature of the market & demand,
competition and other environmental elements.
So far as P.P.L. is concerned, the factors which affect the
pricing policy can be summarized as under:
Internal factors
Cost of Production
At the time of marketing the pricing. The manager has to
attempt to optimize the cost. Cost optimization means setting of reasonable
prices which provide equitable return on capital at the same tome suit the
consumer’s purchasing power.
Distribution cost
P.P.L. are transported to a very distance, naturally the
distribution cost would be high. Again, the costs on middlemen clue generally
high because the profit given to the would also be included in to them would
also be included in the cost.
Normal Profit Margin
The main objective of any company is to earn maximum profit.
Here, also the margin of profit is taken into account while fixing the prices.
But the prices are changed at the cost of society.
Product Perishablility
While fixing the prices, the decision makers should not
underestimate the perishable quality of the products. The unit also gives much
stress on this factor & fixes prices accordingly.
External factors:
Demand of the Product
The decision makers of the unit are always in trying to study
the nature & magnitude of demand & according the level of demand, the unit
fixes prices.
Socio – Economic Environment
Rise in the level of income or in the standard of living may
affect the pricing policy. The decision makers may prefer to increase the price,
where there is a high standard of living & vice versa.
Government Regulations
The decision makers of the unit are always keep in the mind the
regulations introduced by the Government. This factor requires more care &
precaution.
Competitor’s price in the Market
This is the most important factor in determination of prices.
The main competitors of the Vadilal are Amul, Hawmore & Walls. The
decision makers, here also give full attention to these competitors while fixing
prices.
Thus, above all factors are taken into account while fixing
prices for the products. Ultimately, consumer perceptions of price and value
determine whether the company has set the right price, if the price is higher
than the sum of the perceived values, consumer will not buy the product.
Factors Influencing Pricing Decisions
Pricing decisions are influenced by numerous factors. Pricing
policies should be consistent with pricing objectives and pricing strategy
should be in conformity with pricing objectives and pricing policies. Also
pricing decisions require the knowledge of the company’s over all marketing
environment. In P.P.L. while fixing the price structure following points is
considered:
Invoice Amount
Local Sales Tax
Secondary Freight
Wholesaler’s Margin
Cost to Retailers
In Parle Product Limited, company fixes the price of various
brands of biscuits and confectioneries. Accordingly to the price of competitors
like Britania, Bakemans, Windsor, Nutrine, Nestle, Candy-Cake, Simco
products are available from the ranges of Rs. 2, Rs. 4, Rs. 5.45, Rs. 6, Rs.
11.50, Rs. 18.50. The profit covered by pare-G products is very less, but by
the effort of P.P.L.; they have not allowed their competitors to enter in the
market. The future of Parle-G is very bright.
Objectives of Pricing
Every marketing activity – including pricing should be directed
toward a goal. Thus, management should decide on its pricing objective.
Before determining the price itself. The pricing objective selects must be
compatible with the overall goals set by the company & the goals for its
marketing programme.
A company also might use price to attain other more specific
objectives it can set prices low to prevent competition from entering the
market or set prices at competitions levels to stabilize the loyalty & support of
resellers or to avoid government intervention price can be reduced temporarily
to crate excitement for a product or to draw more customers into a retail store.
One product may be priced to help the sales of other products in the
company’s line. Thus, pricing may play an important role in helping to
accomplish the company’s objectives at many levels.
A company can peruse any of the six major objectives by its
pricing which are as follows.
To survive in the market
Maximum current profit
Maximum current revenue
Maximum market skimming
Product quality leadership
The pricing policy of the P.P.L. is formulated keeping in mind
that majority of its customers belong to all classes of people therefore the
pricing policy is formulated in such a way that it can be affordable by all
classes of people & is not burden on their income. The main aim of the
company while setting price objective is to maximize sales growth & current
revenue by keeping the cost as low as possible into increasing both sales &
market share. The speciality of pricing objectives of Vadilal Enterprises Ltd. is
to grow its market share through decreasing the prices of Ice-creams set during
the time of festivals.
Pricing Objectives
Pricing objectives are overall goals that describe the rate of
prices in an organisation’s long range plans. The most important objectives of
the company is to have maximum profits.
There are mane objectives in pricing such as:
To achieve target return of investment.
To stabilize prices.
To maintain or improve a target share of market.
To meet or prevent competition.
Maximum profits.
Survival.
As Parle products is a limited company and that’s why the main
objective of fixing price is to achieve maximum profits from the products like
biscuits and confectioneries items but by providing best quality at economic
rate. That’s why the product of parle-G has covered 70% of market share and
the company is market leader. He secondary objective of P.P.L. wants to
survive by competition as there are many competitors with the products like
Britania, Bakemans, Windsor in Biscuit items and Nutrine, Nestle, Candy –
Cake, Simco in confectionery. Also P.P.L. wants to survive by providing best
quality of product with economical rate. The P.P.L. wants to survive by
providing best quality of product with economical rate. The P.P.L. has not
increased the rate of price as other companies are doing. Retail margin earned
by the unit 10% in biscuits and 15% to 55% margin in confectioneries.
PLACE
Managing & Selecting Marketing Channels
It is a path traced in the direct or indirect, transfer of title to a
product as it moves from a producer to ultimate customers or industrial users.
We can define the distribution channels as movement of goods and services
between the point of production and point of consumption through
organization that perform a variety of marketing activities. The route of the
channel include both manufacturer and the consumer and intermediaries who
are linked in the channel system by one or more of the marketing flows like
transfer of title or ownership, physical movement of goods of merchandise,
flow of money through payment of prices or so or transmission of marketing
information. A distribution system has two sub divisions
Channels of Distribution
Physical Distribution
Physical distribution looks after physical handling of the goods
and assures maximum customer service. It aims at offering delivery of right
goods at the right time and place to customers. These activities include
packaging, warehousing, transportation, and inventory control and customer
service.
In P.P.L. for delivery of biscuits or confectionery products,
they are having truck facilities. They are using many transportation companies
for carrying goods from factory to wholesalers or from factory to depo.
Distribution Channels
Physical Distribution Channel Distribution
Transportation Wholesaler
Warehouse Retailers
Agents
Brokers
Job Workers
“Marketing channels are sets of interdependent organizations
involved in the process of making a product or service available for the use or
consumption.”
- Philip Kotler
Channel Levels
Each intermediary that performs work in bringing the product
and its title closer to the final buyer constitutes a channel limit.
A zero level channel also called a direct marketing channel consists of
a manufacturer selling directly to final customer.
The one level channel contains one selling intermediary such as a
retailer.
The two level channel contains the intermediaries which is the most
widely used channel where manufacturers have direct dealings with
wholesalers who in turn sell to retailers and they in turn to consumers.
The three level channels contains agent, middleman, wholesaler and
retailer and then ultimate consumer which is after used by relatively
small manufacturer with a limited product line who sell to widely
dispersed market.
The Parle industry uses the following channel of distribution:
Parle industry is concerned with food items. There are as many
numbers of buyers and ultimate consumer so it is not possible for direct selling
of buyers and ultimate consumers. So it is not possible for direct selling of
product to them. From the factory of Parle goods are sent in depo. The P.P.L.
is having two depos in Gujarat. From depo goods are delivered to distributors.
P.P.L. calls their distributors as wholesalers. Wholesalers further delivers
goods to the trade. In the unit P.P.L. follows ready stack working system. In
the trade. In the unit P.P.L. follows ready stack working system. In the agency
ready stacks are available for providing and leaders whole delivering agency
have recruited salesman, drivers and leaders whole delivering goods from
agency to retail shopkeepers. Salesman carry with them bill books, sample
kits, retail pack. In the trade various activities are performed by salesman like
Manufacturer Agent Middleman
Wholesaler Retailer Consumer
detailing the product, supplying of products, cutting the product and ultimately
closing the sales with the best ability. By providing satisfactory service P.P.L.
achieves reorders from retailer or retailers gain of business from ultimate
customers. Here service means providing best quality at cheaper rate and at –
proper time and place.
Channel Management Deceasing
After a company has choose a channel alternative, individual
intermediaries must be selected, motivated and evaluated. Also channel
management must be modified over time.
Selecting Channel Members and Providing Training
Producers vary in their ability to attract qualified intermediaries
within the chosen channel. Also they have to work hard to get qualified
intermediaries.
In P.P.L. the management recruits their channel members not
on the basis of qualification and experience but they make marketing survey.
They are getting applications from the applicants. On the basis of the
applications received they evaluated the applicant and the final selection is
made. Newly appointed wholesalers are generally given three days training by
dealers. Also the training is provided by model wholesalers who have got the
thorough knowledge of policy and procedures updated by P.P.L. and
paperwork concerned with that job. New wholesalers are provided with one
and half days on the job training in the one and half day’s electrician training.
For arrangement of this training programme company is producing three star
hotels, single A.C. room with breakfast, launch and dinner and other facilities.
P.P.L. wholesalers are selected to population for e.g. cities like Rajkot they
have wholesalers.
In Ahmedabad they have ten wholesalers. In Baroda they have
five wholesalers. In Surat they have eight wholesalers. In Kachchh they have
six wholesalers. In Talukas company does their business by separating the
market customers.
Motivating Channel Members
Intermediaries must be continuously motivated to do their best
job. This motivation is supplemented by training, supervision and
encouragement. Intermediaries can aim for a relationship based co-operation,
partnership or distribution programmes. Internally producers are using positive
motivators such as high margin, special deals, premiums, co-operative
advertising allowances, display allowances and sales contacts.
P.P.L. has also adopted positive view for motivation. They are
providing their wholesalers 3.85% rate of margin plus they are giving 0.5%
commission to them, as on incentive for extra efforts made by them. Overall
wholesalers are getting 4.3% of margin for their services provided to the
company. P.P.L. Company is also improving their wholesalers. The
distributor’s turnover ratio is nill in parle. All the company is very much co-
operative to the distributors. They believe in providing special deals to their
wholesalers and are heading sales contest in Navratri and Satam-antham
festival. P.P.L. provides stimulates approach towards their wholesalers. That is
why P.P.L. calls their distributors as ‘PARLE PARIWA’ and not Parle
Products Limited.
Also once in a year P.P.L. organizes one self improved
programme for all the wholesalers as well as for field staff. In that self
improvement programme, they are not doing any business yet. The whole
concentration is given on improving themselves. During this period they are
doing YOGA and DHYAN also. The trainers are playing healthy physical
games. Thus all the training programmers are for wholesalers as for sales
managers.
Evaluating Channel Member
In this company of P.P.L. they periodically evaluated
intermediaries performance on the basis of sales quota attainment. Average
inventory levels, customer delivery time, accordingly treatment of damaged
and last goods. In P.P.L. distributors are visiting market regularly. They visit
the out-let one by one to distribute the product. If any problem arises they try
their best to overcome the problem. If retailers have any claim or broken
goods with them they have to replace it and provide replacement stock.
Intensity & Eaten of distribution
After deciding the channel of distribution, the manufacturer has
to decide how many middlemen should be in the demand that is the intensity
of distribution to be used at the wholesaling levels in the channels has to be
decide. They are intensive distribution, exclusive distribution and selective
distribution.
Extensive Distribution
This strategy is used by producers of convenience goods and
common raw materials. The purpose is to saturate the market as such as
possible with their product. The strategy is mostly used when the product is
inexpensive and frequently purchased. The market is competitive. The unit of
purchase is usually small along with their price and consumers wanted to their
near areas and retailers enjoy high stock turnover on small industry. The
burden of advertising lies on the manufacturer.
Norms Followed By The Agency Of The P.P.L.
Active person the firm should visit the trade at least two hours
daily in different routes. He should contact priority outlets once in a month
and on every Saturdays in semi-wholesale market to book the order and to
know market trends. All available products to be given all semi-wholesale
outlets.
All the routs to be covered weakly with rate size of 45 outlests in ready
stock.
If possible the market should be feeded in GRI and GRQ.
For every 450 outlets there should be one unit.
Range selling should be more than and fine.
Stock registers to be maintained daily.
Give respect to all people coming across.
PROMOTION
Contents
Introduction
P.P.L. and Promotion Mix
Advertising
Agency
Objectives
Budget
Message
Media
Publicity
Promotion
Push Strategy and Pull Strategy:
A push strategy involves manufacture’s marketing activities
primarily sales force and trade promotion directed at channel intermediaries.
The good is to induce intermediaries to order and carry the product and
promote it to the end users. It is more useful under when there is low brand
loyalty in a category and brand choice is made in a store. Product is an
impulse item.
A pull strategy involves marketing activities, advertising and
consumer’s promotion directed at end users. The goal is to induce the end
users to ask intermediaries for the product and thus induce intermediaries to
order the product and manufacturer. It is appropriate when there is high brand
loyalty and high involvement the category.
PUSH STRATEGY
Producer Retailers & Wholesalers Consumers
Producer Marketing Activities (personalSelling, Promotionand other)
Retailer marketing activities(personal selling, advertising,sales promotion, etc.)
Demand Demand
PULL STRATEGY
Producer Retailer & Wholesaler Consumers
Products marketing Activities (Advertising, sales promotion)
Introduction
This is the fourth pillar of marketing programme. It refers to the
activities to the promotion of the product, service or idea. It consists of all
activities crimed at persuading and motivating customers to buy the product.
The various element of promotion mix are :
Advertising
Advertising consist of all the activities involving in presenting
product information to customers. The product message is communicated
through media like newspaper, radio, television, etc. and is paid for the seller.
Personal Selling
Personal selling is the face to face communication between a
seller and buyer. Sale contacts are made with the customers by company sales
representatives. These representatives assists and persuades a prospective
buyer to buy a product in face to face situation.
Sales Promotion
It is the method of increasing the sales through displays,
demonstrations, contests, etc. Sales promotion activities aim to supporting
personal selling and advertising efforts.
Publicity
It refers to the mention of a company brand or product in trade
journals, newspapers, radio, etc. which is not paid for. It is relatively a minor
from of promotion because the manufacturer has no control over what the
mention usually. A favourable report by the news media on the company
product often will more weight then a paid advertising message.
Promotion mix aims at stimulating market demand for
products. It refers to the activities designed by the manufacturer to influence
buyer behavior through communication.
BRINK AND KELLY have defined promotion as “The co-
ordination of all seller initiated efforts to set up channel of information and
persuasion to facilitate the sale or a product service or the acceptance of an
idea.”
P.P.L. & Promotion Mix
It is true that to make the product known and acceptable some
kind of promotion tool must be adopted so that company can communicate to
the consumers. Advertising and promotion of products it must for every
company if they want to make their position in this competitive and dynamic
market.
In P.P.L. the manager of marketing believes that it is must for
every product to be advertised by any method or media in this competitive
world where other company concerned with the same products are in large
number. It is necessary to inform about the product to the prospects because
advertising and other promotions helps in crating brand patronage in market.
So, P.P.L. also promotes its products through:
Advertising
Sales Promotion
Publicity
Personal Selling
The P.P.L. spends on advertising according to various brands of
biscuits and confectionaries. Advertising budget is fixed in the year and according to
requirement of advertising budget is set for every brand in the product. P.P.L. spends
65% on advertising budget on the total turnover achieved by the company as
company’s turnover of the last year’s 700 crores. The amount spent by the company
on advertising budget comes to Rs. 455 crores.
Advertising
“Advertising is any paid form of non-personal presentation and
promotion of ideas, goods or services by an identified sponsor.”
- Philip Kotler
It is paid communication because the advertising has to pay for
the space or time in which his advertisement appears. The sponsor wants to
persuade and induce the readers, viewers or listeners to take some action.
Advertising appears in any recognized media as newspapers, magazines, radio,
cinema, television, etc.
The field of advertising management is made up of a system of
interacting organizations and institutions all of which play a role in the advertising
process. At the care of this system are advertisers. The organizations that support
advertising. Advertisers are private and public sector. Organisation that use more
media to accomplish an organizational objective. It is the decision to invest resources
in prevailing time or space in such mass media as television, radio, newspapers or
magazines that basically distinguishes advertisers from non advertisers.
Advertising Department and Advertising Agency:
Advertising department is managed by the advertising manager of the
company. Company has to recruit the advertising manager and has to pay fixed salary
whether he works or not.
Parle Products Limited has their separate advertising department. It
consists of 8 to 10 staff people and key person assistant. Company pays fixed salary to
the staff of advertising department.
Advertising agency employees specialists who generally can perform
advertising tasks better than a companies own staff. Agencies also bring an outside
point of view to solving a company’s problems along with years of experience from
working with different clients and situations. And because the firm can dismiss its
agency, an agency works hard to do a good job.
Also P.P.L. has employed specialists who handles the advertising
tasks. They also have reverent marketing agencies. In P.P.L. advertising agency is
having four departments:
Creative, which develops ads and produces ads.
Media, which selects media and place ads.
Research, which handles the agencies business activities.
Advertiser
Markets and Consumer Behaviour
Government
Competitor
Advertising Agency
Media
Research Suppliers
In this P.P.L. each account is superviewed by an account executive and
people in each department are usually assigned to work in one or more account. Ad
agencies are paid through commission and some fees.
Advertising Objectives of P.P.L.
The long term objective of advertising are broad and general and
concern the contribution advertising should make to the achievement of overall
company objectives.
The Parle Products Limited has the following advertising objectives.
The main object is to remind the customer about the availability of the product. The
other secondary objectives are:
To do the entire selling job.
To build brand Preference.
To remind users to buy the product.
To provide rationalization
To combat competitor’s advertising like Britania.
Increasing sales volume there by reducing unit production cost. That’s
why the parle is providing products at quite economic rate with just
quality.
Stabilise the company’s business
Secure leadership or domination
Protect company from the consequences of revolutionary competitors
tactics.
Promoters intelligent buying by saying JEENE KE RAH YAHE HAI
SAHI – PARLE-G.
Gains goodwill on stores buying power.
Deciding On Advertising Budget by P.P.L.
After determining the advertising objectives Parle Products Limited
established advertising budget for each product. P.P.L. fixes the amount for the whole
advertising budget and according to satellite and brand of the product company
spends on it. As there are various brands of biscuits and confectioneries accordingly.
Considering the following five factors P.P.L. sets the budget:
Stage in the product life cycle
For Monaco Cheesling Company receives large advertising budgets to
build awareness and to gain customer trial.
Market share and consumer share
In glucose biscuits P.P.L. has earned 70% of market share. So far high
market share brands less advertising budget is prepared.
Competitive and clutter
In a market, in P.P.L. they have large number of competitors like
Britatnia, Windsor, Baikmans, so it requires high advertising spending so that the
brand of biscuits can be heard above the noise in the market.
P.P.L. spends 65% of the amount of total turnover Rs. 700 crores
which amount to Rs. 455 crores of advertising expenses.
How P.P.L. chooses advertising message
The advertiser of P.P.L. conducts market analysis and research to
determine that which appeal is most likely to succeed with the target audience. As
P.P.L. is concerned with food products preparing biscuits and confectioneries they
execute the message which stands for rational positioning.
The objective of the advertising made by P.P.L. is convenience biscuit
users that now they can buy a canned biscuit that’s as good as home – made.
Parle Products Limited hence found a style tone words for executing
the message.
Slice of the product
Parle has prepared advertising for the product of PARLE – G showing
the whole family which expresses satisfaction with a biscuits of PARLE – G.
Words
P.P.L. uses these memorable and attention getting words:
THODA MITHA THODA NAMKIN : KRACKJACK
SWADHARE SHACHI SHAKTI BHARE : PARLE – G
MELODY KHAO, KHUD JAAN JAO : MELODY
Media selected by P.P.L.
There are major media types used by the company. The media planner
of advertising department of P.P.L. selects the media considering the reach, frequency
and impact of the customers. As the biscuits and confectionary items are mostly
consumed by children. And also, company is a market leader, they gives
advertisement in television because the television is the media which gives message
of the product to people living in urban or rural area. In rural area people mostly rely
on T.V. and radio. So considering the factor in mind they gives ads in T.V. the serials
like Shaktiman and Captain Vyom are also sponsored by the Parle Products Limited.
Sales Promotion
Sales promotion consists of a diverse collection of incentive tools
mostly short form, designed to stimulate quicken etc. greater purchase of particular
products by consumer or the trade.
Sales promotion tools used by P.P.L. includes Coupons, Lucky draw
schemes, Prizes, Warranties, point of purchase displays and demonstrations. In the
school up to five years of children they are given coupon. P.P.L. gives coupons also to
their retailers up to amount of purchase of Rs. 500. They are given gift coupon free of
cost. Retailers are having facility of lucky draw scheme in that they have 51 prizes for
chances of wining. P.P.L. also considers the interest of wholesalers, keeping this view
in mind, they hold contest for wholesalers in Navratry and Satam-Atham festival.
Parle Products Limited also offers sport purchase scheme and trade load offers
(T.L.O.) for that the retailers got benefits. The company is also having display and
demonstration facility. Generally, this facility is provided to Cinema Canteen, in
Hotel, etc.
On Orange Candy P.P.L. spends 6% amount of total production mix
budget and 1% on biscuits. They do not provide more than 1% on sales promotion in
mass stock yearly. When, I asked to the manager that if they do not provide any kind
of sales promotion then what will happen. He answered me that brand of the product
of Parle are so advertised that if they do not spend a little on sales promotion the also
the sales will remain same.
At the same time, when P.P.L. is offering trade load scheme then the
loyal customers of the other companies are also attracted toward the Parle Product
they getting the additional sales and visibility. P.P.L. arranges sales promotion
programme for maximum of two months in a year.
Situation of sales promotion clutter as compared to advertising clutter of P.P.L.
As against the Parle products; Britania is doing much more advertising,
because they are means. Britania is having premium products with them they have
high M.R.P. product and low awareness product. As against this Parle is having low
M.R.P. products with highest awareness.
In sales promotion also Britania is giving higher sales promotion than
Parle.
Type of part of purchase material used by the Parle Products Limited
Point of purchase displays and demonstrations takes place at the point
of purchase or sale. Parle product uses various materials. For display of product they
give their retailers streamers, posters, danglers, backup sheets, yard stickers and
dispensaries. Generals for less pricing products it is possible for P.P.L. to give
advertisement. On T.V. but generally these types of products are advertised through
stickers.
How sales promotion acts as tool of demand creation
Promotion is described as persuasive communication where message
transmitted describes product features in terms of consumer wants and desires. Sales
promotion develops better understanding of consumer needs and desires and problem.
The overall purpose of sales promotion is to influence buyer behavior and alter the
shape and location of consumer demand curve in favor of the product. All promotion
efforts are directed to alter the demand curve or buyer behavior.
Trade Promotion
ADEX inc. is promoted by professionals having vast experience in the
field of advertising, mass promotion and marketing. The basic principle during this
organization is to create avenues for business unique manner possible to derive
maximum benefits from each rupee spent on such promotion drives.
The original promotion, micro scan graphic process is one of the
leading organization in the field of advertising and pre press services in
SURASHTRA turned to offering the best microscan has always bucked the trend and
offered successfully, unique ways of print media promotion.
This form in the field of exhibition will add one more feather to the cap
of ingenious promotional measures offered by microscan.
Opportunities
PARLE PRODUTS LIMITED has got opportunity for
exhibition for the international standards in exhibiting the goods. In Rajkot the
opportunity is given to P.P.L. for taking part in Festive 98 which is being organized
during the pre-festival days of Christmas and the New Year. The exhibition provides
to P.P.L. products show case for their goods to reach the most potential to P.P.L.
products show case for their goods to reach the most potential market. Festivex’98 is
one of the largest exhibitions organized in Gujarat and it’s the only one of its kind
organized in Surashtra region. Given the timing and organizing of the fare will
definitely prove to be Philip Kotler’s choice.
The Region of Saurashtra and Kutch
Saurashtra and Kutch has been one of the most prosperous regions of
Gujarat having vast natural resources backed by a strong consumer community. This
region has always been one of the focus points in any business house’s marketing
strategy. The agrarian company of the region has nourished a thrilling business
community and vast upper middle class population. Moreover the high literacy level
and the spread of information and knowledge amongst the popular presents the right
segment to be approached.
Rajkot has always enjoyed the distinction of being economic capital of
this region. Almost all the centers of this region by and large depend on Rajkot for
supply on information and goods. In a true sense for this region Rajkot is the window
to the world and for the world.
Infrastructure Facilities Provided to P.P.L.
Ergonomically designed stall lay-outs for maximum exposure and smooth
movements.
Security with C.C.T.V. and Walkie Talkie and insurance cover.
Multiple signboards and guide maps for visitor convenience.
Well planned placement of ceiling fans for better air circulation.
A comprehensive communication center offering facilities like local phone,
fax, email, internet, courier, speed post and secretarial services.
Special business development lounge for free use by participants.
Travel and accompulation assistance dusk for the participants and the
outstatation visitors.
Negotiated special rates in leading hotels for the participants.
Special octroi passing facility for hassle force movement of exhibition goods.
Bank Conuter.
General medication facility for immediate attention and relief in case of
exigency.
Personal Selling
Selling means the transfer of ownership of goods on service to a buyer
in exchange for money. Salesmanship is the process of persuading a person to buy
goods or services. The act of salesmanship consists of one human mind. Different
authors have defined it in various ways.
“Salesmanship is the art of teaching, or helping others to buy.”
Another says it is the persuasive leadership that influences people to buy goods and
services.
In Parle Product Limited, Personal Selling plays an important role in
the promotion mix. Persons go door to door for selling biscuits and confectionery
items. Sales persons are recruited and selected from the local place. The remuneration
to them is also decided on the local basis.
Publicity
Publicity means sponsoring various efforts to publicize specific
products. Many companies are turning to marketing public relation to directly support
corporate. One product promotion is securing additional space as opposed to paid
space in Print and broadcast media to promoted or type a product, place or person.
Though P.P.L. is having mass advertising for biscuits and
confectionery items, they are more publishing their products for that they are
sponsoring serials like Shaktimaan and Captain Vyom free of charge.
P.P.L. is also providing services in blood donation camp, children
development activities and welfare activities. They are also helding tradefair. All
these activities are performed by P.P.L.
Packaging
The Indian Institute of Packaging has defined packaging as
“The embracing function of package, selection, manufacture, filling
and handling.” Packaging obvisously is related to labeling and branding because the
label often appears on the package and the brand is typically on the label.
As far as packaging is concerned PARLE PRODUCTS LIMITED is
self reliant and self sufficient in printing wrappers for biscuits and confectionery
products like PARLE – G is identified by yellow and white stoaps, baby parle
pantagone and red PARLE-G biscuits are packed in white colored butter pack.
Details of Pack Sizes and Cartoon Packs
PARLE – G
Pack Sizes Cartoon Pack Box W.T.
50 gms. 24 pkts × 12 poly bags = 288 pkts. 14.4 kgs
75 gms. 24 pkts × 6 poly bags = 144 pkts 10.8 kgs
100 gms. 24 pkts × 9 poly bags = 96 pkts 9.6 kgs
100 gms. 10 pkts × 6 poly bags = 100 pkts 10.0 kgs
100 gms. 24 pkts × 6 poly bags = 144 pkts 14.4 kgs
150 gms. 12 pkts × poly bags = 108 pkts 16.2 kgs
LOOSE
300 gms. 48 poly bags = 18 pkts 14.4 kgs
300 gms. 30 poly gags = 30 pkts 15.0 kgs
Packing
Monaco Rolls 75 gms. Pack × 60 pkts. In a box weigh 4.5 kgs 150 gms. ATC
pack × 72 pkts I a box weight 10.8 kgs. Other variants available
are zeera and cheese in 75 gms. Packing
Krack Jack 100 gms. Pack 5 pkts. In a poly bag and 24 poly bags in a box.
Cheesling 3.1 gms. Loose in Tine pack
100 gms. Pouch Pack 30 Pouches in box.
Sixer 5.0 gms. Loose in the pack
100 gms. Pouch Pack 30 Pouches in box.
Teffs 4.5 gms. loose in the pack
100 gms. Pouch Pack 30 Pouches in a box.
CONFECTIONERIES
Orange 300 counts per Kg. And 18 kgs. In a GB.
Candies 500 gms. Pack × 36 poly bags in a GB.
Mango-Bite 200 counts per Kg. And 18 kgs. in a GB.
Role – A – Cola 125 counts per 500 gms. pack poly bags in GB.
250 counts per kg. Pack of taran.
Role – A – Coal Roll 25 gms. Roll (10 tablets)
50 rolls in a poly bag.
28 poly bags in a box WT. 25 kgs.
Peppermint & Rosemint24 sticks in a cartoon
48 cms in a box weigh 13.824 kgs.
Melody Regular Available in single twist wrapper
140 counts in a kg. And 18 kgs. in a CBB
Melody Variants 70 counts per pack and 36 packs in a CBB
Labelling
Lable consists of verbal information that accomplishes the
product. A label identifies who made? What are its ingredients? How it should
be used? Date of manufacturing and expiry, the price to becharge, brand name,
net quantity of contents. Labels are part of the painted materials on the point
of purchase advertising.
In P.P.L. the label of the product contains information like
ingredients use in various biscuits and confectioneries. Information about the
date of production, location of factory that is Mumbai. Various ingredient
shown in the package are as under:
INGREDIENTS
Biscuits - wheat flour, edible vegetable oils, skimmed milk
powder, salt, leaving agents, flavours and dough
conditioners.
Kismi Dairy, Lux
& Mafair - Sugar, liquid glucose, edible vegetable oil, skimmed
milk powder, salt, edible starch, permitted emulsifier
and flavors and contained additional flavors.
Melody - Sugar, liquid, cocoa, solids, edible vegetable oils,
skimmed milk powder, edible starch, salt, permit tent
emulsifier and flavors.
Melody Coffee - Sugar, liquid glucose, edible vegetable oils, edible
starch, milk solids, coffee, cheery, mixture, permitted
emulsifier.
Melody Coal - Sugar, liquid glucose, edible vegetable oils, skimmed
milk powder, edible starch, salt, permitted emulsifier
and favors.
Kismi Toffee - Sugar, liquid glucose, edible vegetable oil, skimmed
milk powder, beaten, coffee and chicory mixture, edible
starch, permitted emulsifier, colours and flavors.
Poppins and Roal – A – Cola
- Sugar, liquid oil, edible starch, and permittd flavors and
colours and contains added flavors.
ENDING
WITH
Future Plant
As Parle Products Limited is concerned with manufacturing of
biscuits and confectioneries, the company is thinking about widening the
length of the product line. While asking to the field manager about the future
plans of Parle Products Limited, he replied that the company has a widen
scope in the same product category. As all the products of the company are
winners. The company has achieved “MONDE SELECTION AWARD” in
food industries.
Suggestions
P.P.L. is a large scale unit having very wide market in India
and other foreign countries like Geneva, Paris, Brussels, Amsterdam, London,
Lisbon, Athens the Barcelona. It is the firs company who has started
manufacturing biscuits and confectioneries.
Parle should start the selling of its products not only in the
above mentioned countries, but also all over the world.
Right now, the company is producing many brands of biscuits
like Parle – G, Cream biscuits, KrackJack, Monaco, but in future it should go
for such type of products which suits above and over the all company’s
product connected with production of biscuits and confectioners.
All the advertising campaign of the company is limited to
television and wall painting, etc. The company should start advertising
through other media which suits the product. No doubt the company is also
giving sales promotion once in a year, but the company should adopt new and
modern technique of attracting kids for biscuits conducting competitions, quiz,
etc. and gifting like participated with parle products.
Conclusion
Parle Products Limited has reached its zenith in the world of
food items preparing biscuits and confectioneries. It has always adapted a
futuristic approach i.e. anticipated the company’s need in the year to come.
Parle Products Limited always keeps in mind the needs of
consumers and that’s why they have launched recently cream biscuits,
considering the requirement of modern consumers. In P.P.L. from factory to
the ultimate consumers all the people are working co – operatively. In the
factory, employee relations are harmonious.