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Four Ps are the most important factors for any company in making the marketing plan. To be
specific, these 4 Ps are:
Product
Price
Place (distribution)
Promotion
PRODUCT
National foods has introduced a radical design that hasn’t been introduced in the
market so far. It will be a multi shades rapper, which has cooking paste inside. Just add meat,
cook and voila, enjoy some of Pakistan’s most delicious cuisine.
Price:
Keeping in view the economic conditions of the country and the purchasing power of
the people National Foods provides its products in affordable prices for all classes of people.
Quality:
Price and quality go side by side, normally the thing that happens is most of the low
prices products are poor in quality but when national foods introduces a new product, its main
objective is to enter into the market by providing better quality in low prices as compared to
its competitors.
Product Type:
Consumer goods can be of many types but their products fall in the category of convenience
goods, in which the customer does not have to put a lot efforts.
BRAND COLOURS
POSITIONING
National foods have positioned their products in the mind of the customers through of
following key elements,
High Quality product.
Customers are always satisfied.
Readily available at all outlets whether big or small.
Price is affordable.
The product is made in a hygienic environment.
Made according to the customers need and demand
Convenient packaging.
Small packages for travelers.
Rational Positioning:
Packaging, range of products , aroma, color etc.
Emotional Positioning:
Family values, love and respect and indepth close association of family
PLACE
The target of a brand like National Foods is to sell their products in almost all the big cities of
Pakistan, but they took their start from Karachi.
Distribution Channel
Middleman is of lots of concern for the distribution of National Food’s products. Middle
man’s involvement is necessary for their products because the products are not of the kind
that requires direct contact with the end user, that’s why they need a middle man which
specifies the role of their distribution channel.
National Food’s products are consumer goods. So the distribution chain is:
This distribution chain is used for all cities except Karachi from where the agents distribute
the products.
This distribution chain is used for Karachi. In Karachi those wholesalers are selected who
deal with the major markets and big stores of all the parts of Karachi.
PRICING
National foods focus on customer’s needs and serve them with quality products at affordable
prices. After discovering the needs of single individuals, they have introduced their products
in small packaging with low prices.
2) Retrograde pricing
National foods goes for retrograde pricing because there are many alternatives
available and competitors are there in the market. In order to establish themselves in the
market they set the market price and then analyze it whether it is suitable or not after taking
out the profit margin.
Pricing objective:
Their main objective is to make a low price and high quality product. The pricing
objective of the company in the beginning was to capture mass amount of market share
because if they manage to do so then with the passage of time they can automatically become
the market leaders and can maximize their profits.
Determining demand:
Estimating cost:
This is the most important step in pricing, i,e the combination of fixed cost and
variable cost.
PROMOTION
By adopting the promotional method NFL wanted to inform the market about their new
product with the hope that it will influence the customer’s feelings and buying behavior.
In the start, the company focused only on purity and quality. Mass marketing (Generic
Advertising) methods were used to promote the brand. Later on Mass marketing was
replaced by segmental marketing (Thematic Advertising) but strategic focus was
maintained.
Promotional analysis:
Both pull strategy and push strategy is execute to make a good image in the minds of
consumers and to promote the sale.
Push strategy:
For an effective push strategy wholesalers and retailers are advised to increase the
sale of NFL product. For this purpose NFL offer them different incentives and good profit
margins so that they convince their customers to buy the products.
Pull strategy:
Promotional campaign:
Sales promotion:
Newspapers:
Seminars:
To start with an effective sales promotion some introductory seminars are conducted.
In which all the wholesalers are invited from different parts of City and Country. They are
introduced with NFL’s products, sales and promotional plans. NFL briefs them about the
incentives they are going to offer them. They convince them about the strength of their
products.
Television (Telemarketing):
NFL knows that TV is a very effective form of media now a days. NFL can convey
their message to all the prospects very effectively. Different ads and commercials run at
different times preferably during family programs (dramas). To use TV intensively is a long
term strategy which will last the image of their product in the minds of customers for a long
span of time.
Promotional campaigns:
There are better ways to build emotional connections in a TVC, I mean why make the
lady travel to India for 475 kilometers with cooked food in a lunch box? Andplus taking a 2
day old cooked meal to India to celebrate Eid?
Loyalty loop
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