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By Group 11
*Wafers
Suppliers
*Increasing price of Wheat, sugar etc
New Entrants
*Distributive Network
Customer
*Many Biscuits ranging low to
4Ps
Price
Market Penetration strategy: by keeping price low and gaining large market share Price mix: Parle G is available in Re 1,Rs 2, Rs 4 to Rs 25 packet (making it value for money product)
Product
Presented as a product of daily consumption Tasty, good for health biscuits in different types Attractive packaging: constitutes a fair portion (10 to 25%) of the entire cost of the pack
4Ps Contd.
Promotion
schools industry visits to plant, talk & TV shows, rural program Advertising :basic benefits of energy and nutrition
Place
Biscuits are available to consumers, even in the most remote places and in the smallest of villages with a population of just 1500 Kirana Stores, General Stores, Tea Shops, Railway Stations