Professional Documents
Culture Documents
You have to choose from one of the given brands below. You can change the form of the product, upgrade, and improvise in order to reposition
the product.
Dentonic|Tibet Ceam| Rose Petal| National Masala| Habib Oil| Hashmi Surma| Pakola| Slims| Johar Joshanda | Johar Joshanda| Nimco| Servis
Shoes| Kiwi Shoe Polish| Metro Milan Agar Batti| Energile
Introduction
Qarshi Mission:
Insaniyat Ki Bhalai
Ummah Ki Sarbulandi
Pakistan Ki Taraqi
Qarshi Vission
Industry
Qarshi Industries (Pvt.) Ltd. is one of the largest natural products manufacturers in Pakistan. It is a modern and progressive facility that
manufactures and markets leading brands which have become household names. Qarshi is engaged in promoting healthy living since seven
decades. It has been offering a blend of age-old Oriental and Greek herbal preparations.Qarshi is engaged in promoting healthy living for seven
decades.
Background
Brief introduction and history of your brand and its parent company
(Intro of johar joshanda needed)
Qarshi Industries is a private non-profit research laboratory and herbal pharmaceutical company. Its head office is located in Lahore, Pakistan.
Qarshi Dawakhana was established in 1963 which is now Qarshi Industries. Qarshi Industries (Pvt.) Ltd. is one of the largest natural products
companies in Pakistan. It is a modern and progressive facility that manufactures and markets leading brands that have become household
names. As a leading manufacturer of Natural Products, Qarshi is engaged in promoting healthy living for over seven decades. It has been offering
blend age-old Oriental and Greek herbal preparations with the latest advancements in science and technology to provide safe and effective
products to its customers. From humble beginning in 1968, Qarshi Industries (Pvt.) Ltd. is now Pakistan's largest herbal pharmaceutical company.
It was conceptualized 75 years ago by the venerated eastern poet Allama Muhammad Iqbal. Its inception was in the shape of a clinic at Beadon
Road in the city of Lahore, in the heart of Punjab, which was opened by Shifa-ul-Mulk Hakim Muhammad Hassan Qarshi, He was a practitioner of
herbal medicine and health supplements. The clinic was started with a view to provide pure and effective herbal medicines to the general
populace. In 1968 the youngest son of Shifa-ul-Mulk, Mr.Iqbal Ahmed Qarshi after completing M.S.C in Chemical Engineering, laid the
foundations of Qarshi Dawakhana that has now evolved into Qarshi Industries, a modern and successful company that outweighs by far, the
expectations of its original founder. Qarshi Industries is highly rated company in its category in Pakistan. It has consolidated its image as a
quality-conscious company and has, over the year, demonstrated its firm commitment to quality and strict adherence to international standards.
Qarshi takes pride in maintaining a high quality in its products and superior skills and acquiring the latest in advanced technology
5 year trend of sales and profits for the industry, and your brand, by year (check out the annual reports)
No info available
Market share for the brand and 2-3 key competitors for the most recent year
market share of the Johar Joshanda is 85%. Main competitors fro Johar Joshanda has been Hasmi Joshanda and Hamdard JOshanda
ANALYSIS
Customer ( need to review and edit data)
o Decision making process
Problem Recognition
Most decision making starts with some sort of problem. The consumer develops a need or a want that they want to be satisfied. The consumer
feel like something is missing and needs to address it to get back to feeling normal. Looking at the current health concerns of the consumer and
a need of a product to keep our Immune system strong Our new product surely ticks all the checklist here which is tailor made to keep it's
consumer energized and healthy with an instant bottled drink.
Information Search
The information search stage in the buyer decision process tends to change continually as consumers require obtaining more and more
information about products which can satisfy their needs. Information can also be obtained through recommendations from people having
previous experiences with products. Since there is not many effective products available in the market that actually have natural ingredients in
the form of a bottled drink and availability of such products would help those in search for healthy drinks.
Evaluation of Alternatives
This step involves evaluating different alternatives that are available in the market along with the product lifecycle. Once it has been determined
by the customer what can satisfy their need, they will start seeking out the best option available. This evaluation can be based upon different
factors like quality, price or any other factor which are important for customers. They may compare prices or read reviews and then select a
product which satisfies their parameters the most. Since there are not many products available in the market with benefits that our new product
is going to provide choosing between the alternatives would be an easy process
Purchase decision
When all the above stages have been passed, the customer has now finally decided to make a purchasing decision. At this stage, the consumer
has evaluated all facts and has arrived at a logical conclusion which is either based upon the influence from marketing campaigns or upon
emotional connections or personal experiences or a combination of both. Its is actually the stage where our product is finally bought to be
consumed.
The purchase of the product is followed by post-purchase evaluation which refers to analyzing as to whether the product was useful for the
consumer or not. If the product has matched the expectations of the customer, they will serve as a brand ambassador who can influence other
potential consumers which will increase the customer base of that particular brand. The same is true for negative experiences; however, it can
halt the journey of potential customers towards the product. Once the product is consumed the customer would create a certain trait from as
per the experience. It would make him/her buy the product again or would end up dissapointed with the experience.
Company
o SWOT Analysis ( Need to evaluate again)
Strength- reliable and trusted brand name, providing services for many years, effectively products, accessibility and well distributed
1. Backward integration
3. Brand recognition
4. Largely diversified
Weakness- products that are used occasionally when a need occurs, bot innovative with products and flavors, old Packaging style, not well
marketed. No instant use product
Opportunities- they can launch new products, compete with the existing growing market, can go International, covid19
products
medicine
3. Health consciousness
5. Market potential
6. Ecological organizations
1. Competition
2. Price war
3. Economic downturn
Herbs suppliers
o Co-branding opportunities
Maybe in future but now we want to launch it independently
Competitive
o Direct Competition
Hashmi joshanda
Hamdard joshanda
Ahmed joshanda
Marhaba joshanda
Hashmi joshanda
Hamdard joshanda
Ahmed joshanda
Marhaba joshanda
o Niche players
Pakola
Dayfresh
Sting
Context
o Future trends
Consumers would want to buy more healthy products that contain natural ingredients.
Product
Three levels of Product: core benefit, actual product, augmented product (review the answers below
again)
Core benefit = it is healthy and increases your immune system, natural ingredients
Instant ready to drink product, no need to prepare, natural ingredient, replacement to unhealthy drinks.
Augmented benefit= helps fight with Corona Virus, can be used anytime, Easily available
A product for health conscious people and for those who wants to get rid of unhealthy drinks.
Boston Consulting Group (BCG) matrix. ( im not sure ke poora BCG banana hai ya ye product kahan stand karta hai BCG mae)
Cash cows don’t need the same level of support as before. This is due to less competitive pressures with a low growth market and they usually
enjoy a dominant position that has been generated from economies of scale. Cash cows are still generating a significant level of income but is
not costing the organisation much to maintain. These products can be “milked” to fund Star products.
Price
Pricing objective
The objective of the the pricing is that the firm covers its cost of production, should adjust the expenses incurred and add incentive of profit to
be earned, should be able to cover and sustain the market share and to be able to sell the product.
Pricing strategies
so for our product we would use a penetration pricing since the product would be in the introductory stage. ( need toad points)
Place
Distribution strategy
The aim is to make the product reachable to masses, more importance is given to Urban ares due to it’s use rate, since Qarshi already has an
wide network of distribution channel, for this product we would recommend Qarshi to use that network to make this product available in even
areas such as Malls, superstores and restaurants. We would also recommend them to add an online delivery system available since its in
demand due to pandemic so establishment of an effective website is needed. At the moment Qarshi is operating in Lahore only for online
delivery.
Wholesalers
Malls/restaurant/
retailers
Institutes
Demographic segmentation:
Pschographic segmentation
Behavioural segmentation:
• Health-conscious consumers
• Aspirational consumers
For whom, for when, for where?
Whom=For health conscious consumers
When=When you need an instant drink, while working, exercising, after sports or even during chilling time
Why and how?
Covid19 example and because it has natural ingredients and ithelps inregaining your strength and immune system so it will attract those
customer who would buy it for it's functional value
Relative to whom?
Most relative to those who are fitness enthusiast
Because this brand is considered to be for those are having a flu and are not well, it is not considered a day to day brand, it is used only when
there is a specific need for it, this a brand where you have to prepare their products. And their products are not very updated still goinh on with
the old style.
Promotion
Promotion objective
To introduce the product and inform the market. Yo help consumers know that the benefits of johar Joshanda are now available in a bottled
drink with extra flavors and benefits.
Promotion tools used (I have to edit the data below, need to delete extra info)
Advertising is defined as any paid form of non-personal presentation and promotion of ideas, goods, and services by an identified sponsor. It is a
way of mass communication. It is the most popular and widely practiced tool of market promotion. Major part of promotional budget is
consumed for advertising alone. Various advertising media – television, radio, newspapers, magazines, outdoor means and so forth – are used
for advertising the product.
Sales Promotion:
Sales promotion covers those marketing activities other than advertising, publicity, and personal selling that stimulate consumer purchasing and
dealer effectiveness. Sales promotion mainly involves short-term and non-routine incentives, offered to dealers as well consumers. The popular
methods used for sales promotion are demonstration, trade show, exhibition, exchange offer, seasonal discount, free service, gifts, contests,
etc
Publicity:
Publicity is also a way of mass communication. It is not a paid form of mass communication that involves getting favourable response of buyers
by placing commercially significant news in mass media. William J. Stanton defines: “Publicity is any promotional communication regarding an
organisation and/or its products where the message is not paid for by the organisation benefiting from it.”
It is the traditional form of public relations. Publicity is not paid for by the organisation. Publicity comes from reporters, columnists, and
journalists. It can be considered as a part of public relations. Publicity involves giving public speeches, giving interviews, conducting seminars,
charitable donations, inauguration by film actor, cricketer, politician or popular personalities, stage show, etc., that attract mass media to publish
the news about the
Public Relations:
The public relations is comprehensive term that includes maintaining constructive relations not only with customers, suppliers, and middlemen,
but also with a large set of interested publics. Note that public relations include publicity, i.e., publicity is the part of public relations.
To youth, health conscious ones and those who want fight COVID-19.
Natutak ingredients
Benefits
Usage
As per our sources ( not very reliable though) the marketing budget for Qarshi’s Johar Joshanda used to be approx six million in the past only for
a season. Looking at the current price hike situations So for our product we are expecting a marketing budget of something between 10-15
million PKR as it’s in the introductory phase it would needs to capture a large audience
It would surely grab the consumers mind and consumers would surely go for a try.
Values
substantiators
Points of parity
Brand Mantra
Natural ingredients
dd
Trusted, Healthy
Visual Identity
Brand Portfolio Strategy (Necessary Along with the Ad) ( will complete tomorrow)
Line Extension
Brand Extension
Collaboration
Advertising Televisio Spots on Sky and BBC To associate the drink Burst advertising in first £ 5.84 m 73%
n during London with healthy life style 3 months from April to
Olympics 2012 Present it as a perfect June
Celebrity drink for male and Drip advertising for the
endorsements by female athletes remaining 9 months
Boxing sensation Amir Get credibility as
khan and female healthy and nutritious
athlete Jessica Ennis drink through NHS
Spots on NHS in-house
channels
Billboards & bus stand To target people on First 4 month i.e. April
branding the go to July
Bus stands near Awareness among
Outdoor
universities to be students
branded Increase out of home
consumption