The entire Israeli army was scared of a giant monstrous person named " Goliath" with clever strategy and quick thinking, he was able to defeat him. The current Indian market leader is TATA motors ltd. They are into several segments like passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles.
The entire Israeli army was scared of a giant monstrous person named " Goliath" with clever strategy and quick thinking, he was able to defeat him. The current Indian market leader is TATA motors ltd. They are into several segments like passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles.
The entire Israeli army was scared of a giant monstrous person named " Goliath" with clever strategy and quick thinking, he was able to defeat him. The current Indian market leader is TATA motors ltd. They are into several segments like passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles.
PRESENTED BY: (GROUP 9) SUMEET MITTAL(171) K. NARESH KUMAR(172) ASHISH SHARMA(173) GOURAV KUMAR BHUT(174) ANAURAG NAIR(175) SHASHANK SHARMA(176) Introductio n and market analysis Growth Opportunit ies Study of the various sectors Survival Strategy of Indian Brands The way ahead for Indian Brands FLOW OF PRESENTATION INTRODUCTION The entire Israeli army was scared of a giant monstrous person named Goliath. David was a teenage boy who volunteered to fight him. With clever strategy and quick thinking(adaptability) , he was able to defeat him. What went right for David ? The Legend He was brave and knew that action needed to be taken. Didnt see it as an impossible task. Used his strengths like speed and the familiarity with the surroundings Market Analysis SWOT Analysis Strengths Low labour cost Huge customer base English speaking workforce Democratic government Weakness Unorganised retail sector Infrastructure Illegal allotments and kickbacks Opportunity Untapped rural belt Youthful workforce Easing government policies Creation of global brands Threats Over promise under delivery Lesser brand loyalty Competition from other emerging countries STRATEGY !!! The strength of globalization pressures in an industry The degree to which a companys assets are transferable internationally SECTORS COVERED IT Sector Automobile Sector QSR sector Consumer Electronics Sector FMCG Sector CONSUMER DURABLES The current Indian market leader is TATA motors ltd. They are into several segments like passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles. These all includes all type of vehicles LMV as well as M & HMV. Their fierce rivals are Maruti Suzuki, Hyundai, Ashok Leyland and Mahindra & Mahindra. Consumer Durables (Automobile) They have always focused on their motto value for money for the customer. They come with new ideas time & again like TATA ace & TATA nano. Though nano was not a success but now they are fully focused on replacing it in the market. The new marketing strategy is to make it a lifestyle object which attracts youngsters. They are now entering in newer markets like south Africa, Korea, Thailand etc. TATAs strategies to remain on top TATAs strategies to remain on top SWOT Analysis RECOMMNEDATIONS MATRIX IT(SERVICE) INDUSTRY IT INDUSTRY IN INDIA IT sector in India has increased its contribution to GDP from 1.2% in FY1998 to 7.5% in FY2012. IT hubs in India : Bangalore- Silicon Valley of India Chennai- BPO hub of India Hyderabad- Cyberabad Other Places : Delhi, Pune, Thiruvananthapuram and Kolkota. According to Gartner, the "Top Five Indian IT Services Providers" are Tata Consultancy Services, Infosys, Cognizant, Wipro, HCL Technologies. MERGERS AND ACQUISITIONS IDENTIFYING NEW MARKETS TCS has acquired Citi Global Services on 8 Oct 2008. Value of the deal was $505 mn.
TCS was the first to start the BPO Industry.
After the acquisition of Citigroup Global Services Ltd (CGSL), TCS will be the second-largest BPO player globally, after IBM. TCS HAS ACQUIRED PEARL GROUP, LARGEST INSURANCE PROVIDER IN UK, IN OCT 2005. VALUE OF THE DEAL WAS $94.7 MN.
COMICROM WAS ACQUIRED IN NOV 2005. IT IS A BANKING BPO IN CHILE.
TATA GROUP ACQUIRED JAGUAR-LAND ROVER FROM FORD RECENTLY WHICH IS CONSIDERED TO BE A SUCCESSFUL MOVE. REBRANDING TCS.COM GLOBAL MESSAGE : POSITION TCS AS A GLOBAL COMPANY AND HIGHLIGHT THE MESSAGE OF THE GLOBAL NETWORK DELIVERY MODEL.
USER-CENTRIC DESIGN : DESIGN AND DEVELOP A WEBSITE BASED ON KEY-USER NEEDS AND TASKS.
BRAND BUILDING : FIRMLY ESTABLISH TCS POSITIONING AND SUPPORT THE EXPERIENCE CERTAINTY CAMPAIGN NOW AND INTO THE FUTURE. BRAND VALUE- TCS THE BRAND VALUE OF INDIAS LARGEST SOFTWARE SERVICES PROVIDER TATA CONSULTANCY SERVICES(TCS) HAS CROSSED $5 BILLION (AROUND RS.27,500 CRORE).
TCS IS ALSO THE SINGLE LARGEST CONTRIBUTOR TO THE OVERALL TATA BRAND, WHICH IS NOW RANKED AS THE WORLDS 39TH MOST VALUABLE BRAND.
TCS HAS EARNED A PLACE IN THE ELITE CLUB OF ONLY THREE AA+ RATED IT SERVICES BRANDS.
QUICK SERVICE RESTAURANT HALDIRAMS MAKES USE OF TWO DEFENSE STRATEGIES TO MAINTAIN ITS POSITION AS A MARKET LEADER: POSITION DEFENSE: HALDIRAMS HAS BUILT FOR ITSELF QUITE A SUPERIOR BRAND IMAGE, MAKING IT EXTREMELY DIFFICULT FOR ITS COMPETITORS TO BREAK THIS IMAGE. THUS THE COMPETITORS HAVE TO PUT IN EXTRA EFFORTS TO CREATE A BRAND MUCH MORE SUPERIOR THAN HALDIRAMS. MOBILE DEFENSE: THIS INVOLVES THE LEADER STRETCHING ITS DOMAIN OVER NEW TERRITORIES THAT CAN SERVE AS FUTURE CENTERS FOR DEFENSE AND OFFENSE. UNDER THIS DEFENSE, HALDIRAMS FOLLOWS THE MARKET BROADENING MOBILE DEFENSE. THE RECENT ESTABLISHMENT OF THEIR NAGPUR PLANT SHOWS THAT THEY ARE NOW CONCENTRATING ON THE SOUTHERN REGION. ALSO THEIR FORAY INTO THE INTERNATIONAL MARKET AND THEIR DEEPER PENETRATION INTO THE RURAL
HALDIRAMS OFFERS A WIDE RANGE OF PRODUCTS TO ITS CUSTOMERS. THE PRODUCT RANGE INCLUDES NAMKEENS, SWEETS SHARBATS, BAKERY ITEMS, DAIRY PRODUCTS, CHIPS, ICE CREAMS AND QSR. BY SPECIALIZING IN THE MANUFACTURING IN THE NAMKEEN MARKET THE COMPANY HAS CREATED A NICHE MARKET. THE RAW MATERIALS USED TO PREPARE NAMKEENS ARE OF BEST OF QUALITY AND ARE SOURCED FROM ALL OVER INDIA. HALDIRAMS CUSTOMIZES ITS PRODUCTS TO SUIT THE TASTES AND PREFERENCES OF CUSTOMERS FROM DIFFERENT PARTS OF INDIA. IT LAUNCHED PRODUCTS, WHICH CATERED TO THE TASTES OF PEOPLE BELONGING TO SPECIFIC REGIONS. TODAY HALDIRAM IS KNOWN FOR MATCHLESS QUALITY, PACKAGING, EFFICIENT SUPPLY CHAIN MANAGEMENT, DISTRIBUTION NETWORK AND ZERO IMPURITY. PACKAGING IS AN IMPORTANT ASPECT OF HALDIRAMS PRODUCT PROMOTION. SINCE NAMKEENS ARE IMPULSE PURCHASE ITEMS, ATTRACTIVE PACKAGING IN DIFFERENT COLORS INFLUENCES PURCHASES. HALDIRAMS USES THE LATEST TECHNOLOGY TO INCREASE THE SHELF LIFE OF ITS PRODUCTS. THE SHELF LIFE OF HALDIRAMS PRODUCT IS ABOUT SIX MONTHS. HALDIRAM GROUP HAS WELL MANAGED DISTRIBUTION NETWORK, WHICH HAS ITS REACH FOR ITS PRODUCTS IN COUNTRY AS WELL AS OTHER PARTS OF WORLD. CARRYING FORWARD (CFS) AGENTS OF COMPANY COLLECT GOODS FROM MANUFACTURING UNIT WHO PASS THEM TO DISTRIBUTORS, WHO IN TURN SEND THEM TO RETAIL OUTLETS.
HALDIRAM HAS ENTERED INTO E-RETAILING ALSO, THEY HAVE TIED UP WITH INDIATIMES TO SELL THEIR PRODUCTS. THIS CLEARLY SHOWS THAT THE COMPANY THAT HAS ITS ROOTS IN TRADITIONAL INDIA IS INNOVATING WITH TIME AND THIS IS WHAT A SUCCESSFUL COMPANY DOES. INNOVATION AND MARKETING IS A KEY TO SUCCESS FOR HALDIRAMS. FEW OF THE EXAMPLES OF INNOVATION STRATEGIES ADOPTED BY HALDIRAMS IS THE USE OF MINERAL WATER IN THE PREPARATION OF PANI PURI AND CHAT PAPRI TO ATTRACT CUSTOMERS WHO ARE VERY CONSCIOUS ABOUT THE HYGIENE OF THE NAMKEENS AND SNACKS SOLD IN THE COUNTRY. AT ONE POINT OF TIME HALDIRAM HAD TIED UP WITH IRCTC TO SELL EVENING SNACKS IN RAJDHANI AND SHATABADI EXPRESS. POSTERS HIGHLIGHTING THE SHELF LIFE OF ITS PRODUCTS CARRIED THE CAPTION 'SIX MONTHS ON THE SHELF AND SIX SECONDS IN YOUR MOUTH.' DURING FESTIVAL SEASON, HALDIRAM'S PRODUCTS WERE SOLD IN ATTRACTIVE LOOKING SPECIAL GIFT PACKS. THE SHOWROOMS AND RETAIL OUTLETS OF HALDIRAM'S GAVE IMPORTANCE TO POINT OF PURCHASE (POP) DISPLAYS. HALDIRAM'S SNACKS WERE DISPLAYED ON SPECIAL RACKS, USUALLY OUTSIDE RETAIL OUTLETS. THE SHOWROOMS HAD SIGN BOARDS DISPLAYING MOUTH-WATERING DELICACIES WITH CAPTIONS SUCH AS 'CHINESE DELIGHT,' SIMPLY SOUTH,' 'THE KING OF ALL CHATS. HALDIRAMS HAS VERY WELL UNDERSTOOD THE INTENSITY OF COMPETITION IN THIS HIGHLY DIVERSIFIED MARKET SO THEY HAVE TIED UP WITH PROFILE ADVERTISING, WHICH DESIGNS ATTRACTIVE POSTERS, BROCHURES TO FACILITATE THE BRAND. VISUAL MERCHANDISING OF SHOWROOM AND RETAIL OUTLET IS ENHANCED BY DISPLAYING PRODUCTS ON SPECIAL RACKS. THROUGH THESE STRATEGIES, HALDIRAM IS POSING A TOUGH FIGHT TO ITS COMPETITORS WHICH INCLUDE NOT ONLY AGARWALS, BIKANERWALA BUT ALSO TO MCDONALDS. CONSUMER ELECTRONICS(MOBILE) HISTORY INDIAN CONSUMER ELECTRONICS COMPANY STARTED OPERATIONS IN 1991 AS A EMBEDDED SOFTWARE DESIGNING FIRM IN 1999, BRANCHED OUT AS A DISTRIBUTOR OF COMPUTER PERIPHERALS SUCH AS PRINTER, MONITOR, SCANNER FROM MANUFACTURERS LIKE SONY INC, LG, DELL CORP, ETC. IN 2008 ENTERED MOBILE HANDSET BUSINESS BECAME THE LARGEST INDIAN DOMESTIC MOBILE HANDSETS COMPANY BY 2010 & 12TH LARGEST MOBILE HANDSET MANUFACTURER IN THE WORLD Acquired 22% market share in the smart phone segment in india, second behind samsung
MARKET SHARE INNOVATIVE STRATEGIES SUCCESSFULLY GAUGE CONSUMER NEEDS FOCUSED ON VALUE-PRODUCTION RATHER THAN JUST PRICE REDUCTION UNLIKE INTERNATIONAL PLAYERS, STARTED FROM RURAL MARKET BEFORE MOVING TO URBAN SEGMENT NOVEL PRODUCTS FOCUSING ON A PARTICULAR TARGETED SEGMENT
INNOVATIVE PRODUCTS SOME OF THE FIRSTS IN THE MARKET BY MICROMAX WERE: HANDSETS WITH 30-DAY BATTERY FOCUSSING ON RURAL POPULATION WITH ERRATIC POWER SUPPLY HANDSETS WITH DUAL SIM / DUAL STANDBY FOR WORKING PROFESSIONALS ASPIRATIONAL QWERTY KEYPAD HANDSETS SURROUND SOUND PHONES BLING SERIES FOCUSING ON WOMEN CUSTOMERS FIRST UNIVERSAL REMOTE CONTROL PHONE FIRST SUPERFONE WITH GESTURE CONTROL
MARKETING MIX Versatile & innovative product portfolio Target specific consumers with need based products Recent entrant into premium category Product Initially focused on low-cost feature phones Penetration pricing in urban markets Comparatively lower prices in premium segment for phones with similar features Pricing Sponsoring cricket events like IPL Alshay Kumar & Twinkle-previous brand ambassadors Innovative advertisments Recently launched a new campaign with Hugh Jackman to portray as a international brand Promotion Extensive dealer network High margins to dealers Online selling Partnership with Airtel Placing
Low-Medium range basic phones Low-Medium range Smartphones Segmenting Rural Consumers Low income consumers Youth Women Target Positioned initially in feature-phone segment Looking to enter premium category Positioning SWOT ANALYSIS - Value-for-money products - Low cost of production - Effective promotion campaigns
- Low Brand Image - Misunderstood as a Chinese brand - Poor after-sale service network
- Growing smartphone market in India - Entry into international market - International players have started launching low-cost smartphones - Recent entrants like Karbonn, Spice, Lava, Xolo, Maxx, etc. NEW VENTURES MICROMAX IS LOOKING TO EXPAND ITS PORTFOLIO BY ENTERING OTHER MARKETS SUCH AS: o TABLETS o DATA CARDS o LED TVS o HOME THEATRE SYSTEMS
RECOMMENDATIONS FOCUS ON BRAND BUILDING IMPROVE PRESENCE IN URBAN MARKETS LOOK FOR CORPORATE TIE-UPS IMPROVE AFTER-SALES SERVICE LAUNCH PRODUCTS FOR HIGH-END CONSUMERS FOCUS ON PROFIT-MARGINS
FMCG INDUSTRY INTRODUCTION
MAJOR REASON FOR ENTERING INDIAN MARKET IS 1. DEMOCRATIC GOVERNMENT 2. ENGLISH SPEAKING WORKFORCE 3. A VAST NEW MIDDLE CLASS GROUP 4. CHEAP LABOR FORCE DIFFICULTIES FACED ARE 1. STRATIFICATION 2. FOR FOREIGN COMPANIES, DOING BUSINESS IN INDIA CAN BE GUT WRENCHING. ITS DEMANDING CONSUMERS CAN BE DIFFICULT TO READ, AND LOCAL RIVALS CAN BE SURPRISINGLY TOUGH
PRE AND POST LIBERALIZATION SCENARIO IMPACT OF FOREIGN BRANDS There is no more a monopoly for a single brand. Half of the brands have either sold of their brands or vanished as compared to there counterpart. eg COCA COLA buying thums up from its owner ramesh chauhan. Uncle chips being sold to lays india. But still there are some brands that have stood strong and competed with the global brands. These can be classified into 2 segments 1. The indian mnc joint venture where each benefit from each other. eg. Anglo dutch conglomerate unilever and its indian counterpart Hindustan liver. 2. The successful indian brands. eg GODREJ,TATA,INFOSYS.
IN TODAYS BRANDING STRATEGY ANTICIPATION IS MORE IMPORTANT THAN PREDICTION. IMPORTANT TO ADDRESS NOT ONLY THE DEFINITE NEEDS OF THE CONSUMER BUT UNCLEAR NEEDS AS WELL. IMPORTANT TO PROVIDE FULL VALUE OF THEIR MONEY. AMUL IS SUCH A BRAND WHICH IS DERIVED FROM SANSKRIT WORD AMULYA. THE MILK COOPERATIVE COMPANY AMUL IS THE SOLE INDIAN BRAND & THE MOST POPULAR BRAND IN FMCG SECTOR. ALSO , AMUL IS RANKED NO.1 DAIRY BRAND NOT JUST IN INDIA BUT ACROSS THE ASIA PACIFIC REGIONS & COMPETING WITH GLOBAL BRANDS LIKE DUTCH , DUMEX , ANCHOR ETC . IT WAS LISTED 4THINDIA BRANDS FOR 2009 & 2010 AS WELL THE ULTIMATE STRATEGY THE MOPPET WHO PUT AMUL ON INDIA'S BREAKFAST TABLE 50 YEARS AFTER I T WAS FI RST LAUNCHED, AMUL'S SALE FI GURES HAVE J UMPED FROM 1000 TONNES A YEAR I N 1966 TO OVER 25,000 TONNES A YEAR I N 1997. NO OTHER BRAND COMES EVEN CLOSE TO I T. ALL BECAUSE A THUMB-SI ZED GI RL CLI MBED ON TO THE HOARDI NGS AND PUT A SPELL ON THE MASSES. THE AMUL GIRL WAS THE BRAINCHILD OF SYLVESTERDACUNHA,. THE ADS WERE DESIGNED AS A SERIES OF HOARDINGS WITH DESIGNS RELATING TO DAY-TO-DAY ISSUES AND ARE WITTY ONE LINERS. THE BRAND RECALL FOR THE AMUL GIRL IS PHENOMENAL ACROSS INDIA TODAY. AND THE BIGGEST REASON FOR THIS IS THE TOPICAL NATURE OF THE ADS.
Low Cost Pricing Strategy
Low Cost Price Strategy was adopted to make the product affordable & alluring to consumers by guaranteeing them value for money. The main aim of Amul is to provide quality products to the consumers at minimum cost. The goal of Amul is to provide maximum profit in terms of money to the farmers. Low cost of production of AMUL: Milk production is scale insensitive and labor intensive. Due to low labor cost, cost of production of milk is significantly lower in AMUL.
DEFENCE STRATEGY MOVING CONSUMERS TO LOOSE MILK TO PACKAGED MILK AND GRADUALLY MOVE THEM UP THE VALUE CHAIN ( TETRA PACK TO BEVERAGES ) BEING EXPOSED TO A BRAND , IT IS NATURAL FOR A CUSTOMER TO USE MORE PRODUCTS EFFECTIVE SEGMENTATION WIDE RANGE OF PRODUCT CATEGORIES CATERS TO CONSUMERS ACROSS ALL MARKET SEGMENTS. EG:- AMUL KOOL IS TARGETED AT CHILDEREN, TEENAGERS PREFER KOOL CAF AS IT HAS A COOL IMAGERY ASSOCIATED WITH IT. CHANGING THE RETAIL ENVIRONMENT STRIKING OUT ON ITS OWN WITH AMUL OUTLETS OR PARLOURS TO DELIVER CONSUMERS TOTAL BRAND EXPERIENCE.
PRODUCT OVERLAP AMUL PROCESSED CHEESE VS. CHEESE SPREAD NUTRAMUL ENERGY DRINK VS. AMUL KOOL
PRODUCT DESIGN STRATEGY WHETHER TO OFFER STANDARD OR CUSTOMIZED PRODUCTS. AMUL HAS OFFERED A MIX OF BOTH STANDARD & CUSTOMIZED PRODUCTS. USE OF UTTERLY-BUTTERLY GIRL: USING SINCE 1967. ENTERED IN THE GUINNESS BOOK OF WORLD RECORDS FOR BEING THE LONGEST RUNNING CAMPAIGN EVER