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Ice Cream Project
Ice Cream Project
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India’s contribution to the modern world may not be signed in
numbers, but whatever contribution made worth wise is
absolutely great.
Kulfi
Kulfi is a popular South Asian, ice cream made with boiled milk
typically from water buffalo. It comes in many flavors, including
pistachio, malai, mango, cardamom (elaichi), and saffron (kesar).
Kulfi differs from western ice cream in that it is richer in taste and
creamier in texture. As well, where western ice creams are
whipped with air or overrun, kulfi contains no air; it is solid dense
frozen milk.
It is made by boiling milk until it is reduced to half. Then sugar is
added and the mixture is boiled for another ten minutes. Then
flavorings, dried fruits, cardamom, etc. are added. The mixture is
then put in moulds and frozen. One can eat kulfi plain as is or it
can be garnished with ground cardamom, saffron, or pistachio
nuts. As well, Kulfi is also served with Falooda vermicelli noodles.
But since the kulfi could not become world famous, with the
concept of kulfi, ice-cream was started in 1981 in India. Then
onwards it has been one big journey……. on the road.
Now, Ice Age – The Healthy Ice Cream Parlor brings to you the
new generation of Ice Creams….
Quality Segments
In addition, there are commonly used marketing phrases that
describe ice cream products in terms of quality segments, such as
"super premium," "premium" and "economy." Several factors can
contribute to a product's quality segment, such as price, brand
positioning, product packaging, quality of ingredients and the
amount of overrun (air) in the product. Overrun refers to the
amount of aeration the ice cream undergoes during its
manufacture that keeps the mixture from becoming an inedible
frozen mass. Overrun is governed by federal standards in that the
finished product must not weigh less than 4.5 pounds per gallon.
"Super-premium ice cream tends to have very low overrun and
high fat content, and the manufacturer uses the best quality
ingredients.
"Premium" ice cream tends to have low overrun and higher fat
content than regular ice cream, and the manufacturer uses higher
quality ingredients.
"Regular" ice cream meets the overrun required for the federal
ice cream standard.
"Economy" ice cream meets required overrun and generally
sells for a lower price than regular ice cream.
Company profile:
Investments:
Introduction.
Business strategy
The Model used for preparing the marketing strategy by Ice Age Ltd.. in the Indian
Market
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The first growth vector will involves gaining penetration with the
existing product-market Ice Age Ltd. will attempt to attract
customers from competitors through its strategic positioning and
will establish strong brand equity.
The third growth vector will apply the same products to the new
markets.
Since internal analysis is so use full and the life cycle as well
as pricing is totally depended upon this analysis, Ice Age Ltd.. has
taken proper and fully effective steps in analyzing all the need
and requirements of the company.
Power supply
Labour requirement
Working force
Capital
Working capital
Proper management
Proper material handling
The Indian market with its vast size and demand base offers great
opportunities to marketers. Two-thirds of countries consumers live
in rural areas and almost half of the national income is generated
here. It is only natural that rural markets form an important part
of the total market of India though the urban market is increasing
drastically. Our nation is classified in around 450 districts, and
approximately 630000 villages, which can be sorted in different
parameters such as literacy levels, accessibility, income levels,
penetration, distances from nearest towns, etc.
Thus Ice Age Ltd.. has decided to enter this market with the basic
idea of tapping the upper middle class which had established
itself as a huge tapped market in the perception of a lot of
national and multinational players who were then trying forages
into the Indian market.
NEED OF COMPARISION
ℑ Consumer Mindset
The consumers always have a different loyalty status for
different brands. Sometimes they buy some brand due to the
price or sometimes due to the features. Studying the
consumer’s mindset is of vital importance as perception of
individuals at the buying stage of various brands is
unpredictable and ever changing.
ℑ Market Share
The market share of the players in the two wheeler auto
market needs to be studied to know which company is in the
booming stage and which company is in its closure stage.
Also the advertisement and promotional share needs to be
studied. Thus, market share helps us know the current
market leader and market follower so that our company can
develop an efficient marketing strategy for its product range
after analyzing the current market player’s position.
ℑ SWOT Analysis
The SWOT Analysis i.e. the Analysis of the Strengths,
Weaknesses, Opportunities and Threats of the company
products and its competitors at a glance.It needs to be
compared to get an overall analysis of all the major
companies and to know the company having better
strengths, more opportunities and on the other hand the
company having more of weaknesses and threats.
Market research
Customers purchase decisions are based on perceptions about
brands. They also keep on changing with fashion, income and
changes in lifestyle. Unlike industrial products, it is difficult to
differentiate products on technical or functional grounds. With
increasing competition, companies spend enormous sums on
product launches. Market research and test marketing become
inevitable. The business rests on the two aspects that are brand
equity and distribution network.
Marketing driven
In relative terms, marketing function has greater importance in
the Ice Cream industry. The players have to reach out to mass
population and compete with several other brands. The perceived
differences are greater than the real differences in the product.
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