Professional Documents
Culture Documents
NIT, WARANGAL
Task 2:
1.
Company Name: Amul
Exports: export@amul.coop
3.6 million
Promotional Strategy followed by the Amul is one of the fewer companies who is in
company: charge of one of longest and successful
campaign with a promotional character – The
Amul girl. Amul generally uses the current
news scenario in their promotion that too in a
little sarcastic manner which connects the user.
Most of their promotion is mainly for butter.
As Amul has always stand at the top edge so it
doesn’t spend more than 1% of its revenue on
promotion because it would directly influence
the cost of product. With an increase in the
number of e-commerce users recently Amul
has also shifted on e-commerce platform with
an Amul online app through which they could
deliver products to e-commerce users. This app
also has helped Amul in promoting their brand
through different social media sites i.e.,
through digital marketing. Hence, this
completes the Amul marketing mix.
”
Marketing Strategy followed by the Amul marketing strategy was Amul’s Product
company: portfolio. Amul’s variety of products catered to
a large audience, while certain brands such as
London Diary, Baskin Robbins, Etc managed
to capture few regional (ice cream) markets
where they cater to high end customers, Amul
secured their standing in the overall daily
market. Their main target audience was
however the middle and economic classes.
Pricing Strategy followed by the company: Amul has a low-cost pricing strategy for products
that are consumed regularly. This pricing strategy
of Amul made it affordable for its target audience.
Increasing the price of goods proportional to their
audience's increase in income helped them retain
their customer base
2.
Company Name: Dabur
Promotional Strategy followed by the Dabur does its major promotions through TV
company: advertisements. In India, famous celebrities
and sportsmen endorse their products. Amitabh
Bachchan is seen in ads like Dabur
Chyawanprash and Dabur Hajmola. Sonakshi
Sinha endorses for Dabur Vatika. It also
advertises on newspapers. Hoardings are put up
at retailers and supermarkets. This covers the
marketing mix of Dabur.
Pricing Strategy followed by the company: For its low-cost products, the prices are kept
low and competitive pricing strategy is
followed. More emphasis is given on the
product quality and its products are priced low
to gain more customer base. Its main aim is to
sell more units although through a lesser
margin. Since it a competitive industry with
major players, Dabur has to follow a
competitive pricing policy for its non-premium
products to sustain itself in the long run.
3.
Company Name: ITC LIMITED
Promotional Strategy followed by the ITC designs its promotion strategy keeping in
company: mind its brand proposition and its target
audience. It promotes its product through Print,
television and radio as a part of its marketing
mix. ITC’s different brands have different
brand ambassadors. For example, classmate
has been endorsed by Yuvraj Singh and Soha
Ali Khan; Saina Nehwal has endorsed Salvon;
Shahruk Khan has been endorsing the entire
range of snacks under the umbrella brand of
Sunfeast. ITC roped in Ranbir Kapoor for
John’s players.
As part of ITC’s centenary initiative,
Classmate launched the largest student contact
program- Ideas for India challenge. It provided
a platform for Indian youth to brainstorm and
address the issues and challenges which our
nation faces and help in developing the nation.
ITC also launches a lot of digital campaigns to
ensure maximum participation. The Fiama De
Wills Men campaign is one such example.
Fiama DE Wills has had an association with
the talented designer, Masaba Gupta for Wills
Lifestyle Fashion Week. ITC also engage in
cross marketing promotions. YiPPee!
Launched a campaign with Paytm offering
recharge coupons equivalent to the price of
YiPPee noodles. The company launched an
advertisement to back the campaign. Hence
this concludes the ITC marketing mix.
4.
Company Name: Hindustan Unilever
Fax No:
Email ID: mediacentre.hul@unilever.com
Promotional Strategy followed by the Hindustan Unilever (HUL) has been heavily
company: investing in the brand promotions as it needs
them mostly for brand recall and many a times
for introducing new brands. Therefore,
Hindustan Unilever primarily uses aggressive
promotion and advertising its marketing mix.
The advertisements of HUL brands are in the
form of television commercials, newspaper ads
or any other magazines and as well as with the
online presence as well. Most of the times
these campaigns are targeted by telling stories
to build relations rather than to sell them
directly. HUL also has tied up with many
celebrities such as Shahrukh Khan, Kareena
Kapoor, Kajol, Varun Dhawan as well as with
the professional hair stylist Jawed Habib.
Marketing Strategy followed by the With such a large number of household brands
company: under each product categories whether it is
home care, food & refreshments, personal care
and toiletries HUL are leading in the markets it
is present into which is helping the brand in
achieving consistent, competitive and
profitable growth.
Pricing Strategy followed by the company: it keeps a very competitive price for all the
products as the competition is quite stiff in the
segments and as the customer in segment are
looking for value for money products. As the
company tries to reach the maximum number
of customers in all income segment HUL
produces products with different packages and
hence very different prices although the quality
remains the same. Hindustan Unilever also has
various professional product for which it
follows premium pricing strategy.
5.
Company Name: Nestle India Limited
Promotional Strategy followed by the Nestle has always come up with some unique
company: marketing ideas when they need to brand their
products. The overall marketing mixes
promotional strategy for Nestle focuses on
extensive advertising and marketing for its
individual brands and products. When Nescafe
came up in the market, they brought Nescafe
tunes which are still talked about it. They have
always tried to push their brands to the
consumers. Let us take the example of Maggi
which they associated with 2-minute snacks
which can easily be prepared by the mothers.
This made it famous among the kids and
mothers. They have always focussed on the
quality and nutritional values of the products.
Strong presence of Maggi and Nescafe at the
ground levels has made them to push in the
sales and promotions. It has always followed
above the line marketing strategy. It is the
strong product portfolio that makes it different
from its competitors. Nestle uses all media like
TV, hoardings, print, online ads etc for its
promotion. Thus, marketing mix of Nestle is
covered in the above points.
Pricing Strategy followed by the company: Price of the products is based on the quality of
the product. You could find in the market that
the competitor products are less expensive as
compared to Nestle products belonging to same
category. Take the example of Maggi. It is
priced some bit higher as compared to Yippee
noodles or wai -wai. It is because the quality of
the product is much better, and customer can
easily pay some extra money to get a better
quality. Very often you can see products with
varied sizes along with variation in cost. You
can find Maggi packet of 16 pieces and also
single packet Maggie costing Rs 5. With this,
you can cater large customer base. We can also
see they provide bulk discounts in various
stores like big bazaar. In the segment of
chocolate, they follow competitive pricing
strategy. Prices are almost like Cadbury’s
products. Thus, the pricing strategy in the
marketing mix of Nestle is dependent upon the
competitor, product quality, geography being
served etc.
6.
Company Name: Britannia Industries
Promotional Strategy followed by the Since the brand, Britannia is present for more
company: than 100 years, perception about Britannia is
always good and enjoys high brand recall
among consumers, this tends to be a great
advantage for Britannia. Advertisements for
Television, print media and billboards are few
of the many techniques used by Britannia in
their promotional marketing mix. Britannia has
signed agreements with famous personalities to
promote their brand, but this has been different
for different products. A bigger part of their
promotional activities is done in the sports
sector. Britannia logo tagged cricket bats
endorsed by international players plays an
important promotional activity. Britannia also
promotes their product as “essential for good
health”, this captures the mind of consumers as
nowadays people tend to be more conscious
about the nutrient value of what they consume.
Hence, this concludes the Britannia marketing
mix.
Marketing Strategy followed by the Britannia has adopted the Market Penetration
company: Method of pricing. It focuses on the quality of
the products keeping in mind the
pricing strategy. This helps improve and
generate large sale volume for their products. It
aims at maximizing the market share and to
produce new product lines.
Pricing Strategy followed by the company: Britannia is one of the leading food brands in
India. The food manufacturing industry is very
competitive. The base of Britannia’s marketing
mix pricing strategy is competition. Also, the
primary segment for being middle class people,
who are highly price sensitive, forces Britannia
to play price war with its competitors.
Britannia tries to bundle its products, which in
turn reduces the price of their products,
specially this can be seen in their products
which are designed for the family packs. Their
strategy of discrimination of prices helps them
earn larger profits from consumers who are
willing to pay for healthier products and
greater benefits. The price of Britannia
products is very much comparable with its
competitors, especially with that of Parle
products, and they are almost the same.
7.
Company Name: Godrej Consumers Products Limited
Promotional Strategy followed by the Godrej spends a huge sum of money when it
company: comes to advertisement and promotional
expenses. Such promotional activities help
Godrej to be connected with customers and
help build up a good relationship with them.
Primary promotional activities include
Television advertisement, newspaper,
magazines, billboard, hoardings and
distribution of Pham plates in strategic
locations. Over the years, Godrej has roped
onto famous personalities and Bollywood stars
to play the role of their brand ambassador.
Godrej is involved in various Corporate Social
Responsibility projects, which gives them build
trust among consumer and government
enterprises. Activities include GoGreen
projects which help revive the dwindling
Mangrove cover. They are also involved in
educational activities. They are also
manufacturing innovative products like
smokeless mosquito repellent cards and huge
investments in green buildings. Hence, this
summarizes the marketing mix of Godrej
Industries.
Marketing Strategy followed by the Selective and differentiated
company: targeting strategy is used by the company for
offerings of different group
companies. Godrej uses value-based and user
benefit-based positioning strategy to highlight
the intrinsic culture and attachment that the
brands have with the customers over the years.
Pricing Strategy followed by the company: Godrej Industries has got a huge business
portfolio, and its pricing is dependent upon the
sector it is in. Godrej faces stiff competition
from other giants like TATA, Wipro,
Hindustan Unilever, Whirlpool; so, in such a
case Godrej is forced to set prices to as to fight
out this competition. Prices of chemicals set by
Godrej Chemicals varies according to the order
in bulk or the amount purchased since such
products serve as raw materials to other
industries and factories. Agricultural products
like cattle feed, aqua feed and poultry feed are
sold exclusively by dealers in bulk to farmers,
this reduces the prices of these products.
Consumer products are priced low because
most of the purchases comes from these
segments and market skimming is done by all
brands. Price of Good Knight mosquito
repellent packs costs around ₹70, the price of
Godrej Cinthol products range from ₹32 to
₹175. Price of real estate properties depends on
the type of city, the location and the purpose
for which it is built. Price of residential
properties typically starts from ₹50 lakhs. In
the food retail segment, i.e., products of Godrej
Nature Basket, which sells goods for daily
consumption, price is less, also they provide
frequent discounts on special occasions. This
gives an understanding of the marketing mix
pricing strategy of Godrej industries.
Vision: To be one of the most trusted and
innovative Indian brands.
To foster an inspiring place to work.
To create a shared value through
Godrej Good & Green.
To grow 10 times in the next 10 years.
8.
Company Name: Zee Learn Ltd
Promotional Strategy followed by the The tagline of Cipla “Caring for Life” has
company: become its mission and therefore contributes
actively to society through themes like
generation of employment, education, health
and sanitation, etc. through its Palliative Care
Centre, it provides to cancer patients free-of-
cost medication. The biggest value addition
and promotion is done through the accolades
brought to company in several fields by widely
recognised and reputed institutions around the
world in several years. Cipla won the Thomson
Reuters India Innovation Award and it won
Dun & Bradstreet American Express Corporate
Awards and many more. Hence this completes
the marketing mix of Cipla.
Pricing Strategy followed by the company: Its products are pocket friendly for its
customers and has managed to reduce the
prices of several vital drugs in the market.
Also, competitive pricing policy is adopted by
Cipla to compete with its competitors.
10.
Company Name: The Himalayan Drug Company.
Promotional Strategy followed by the Himalaya reaches its customers through direct
company: marketing and advertisements. It uses emails,
letters, pamphlets and brochures. Himalaya
uses TV, print ads, online ads also in its
marketing mix promotion and advertising
strategy.
11.
Company Name: Ananda Bazar Patrika (ABP) Group
Pricing Strategy followed by the company: Pricing is based on subscription and also based on
individual purchase.
12.
Company Name: The Times Group
3 million +
13.
Company Name: HT Media
Fax: +91-11-66561270
3 million +
Promotional Strategy followed by the Its promotional plans include the usage of
company: electronic, social and print media to maximum
advantage. Its official website offers relevant
information to interested customers
Pricing Strategy followed by the company: The company has adopted a competitive
pricing policy for its products. It faces
competition from several rival companies and
hence has kept its pricing plan at par with its
competitors.
14.
Company Name: Jagran Prakashan Ltd
Promotional Strategy followed by the Its promotional plans include the usage of
company: electronic, social and print media to maximum
advantage. Its official website offers relevant
information to interested customers.
Pricing Strategy followed by the company: The company has adopted a competitive
pricing policy for its products. It faces
competition from several rival companies and
hence has kept its pricing plan at par with its
competitors.
15.
Company Name: Indian Express Limited.
3 million +
Promotional Strategy followed by the Its promotional plans include the usage of
company: electronic, social and print media to maximum
advantage. Its official website offers relevant
information to interested customers.
Marketing Strategy followed by the At the heart of The Sunday Express' marketing
company: strategy are two main objectives - an initial
boost in circulation, and later - perhaps six
months down the line - a pitting of the new
glitzy Sunday edition against news magazines
like Outlook and India Today. Market sources
say the paper has seen advertising revenues
shrink in recent years; yet the decision to
splurge money on advertising is largely driven
by the hope that a large chunk of that would be
recovered as advertising revenue over time.
Pricing Strategy followed by the company: The company has adopted a competitive
pricing policy for its products. It faces
competition from several rival companies and
hence has kept its pricing plan at par with its
competitors.
Vision:
Mission:
16.
Company Name: Tata Consultancy Services
Pricing Strategy followed by the company: Through its different pricing models and
policies, TCS promises clients - process
improvement, cost reduction, revenue
enhancement and timely deliverables. TCS
follows success-based pricing model in some
of its total outsourcing contracts and
differential pricing model for its ion services,
wherein the prices differ as per different
clients. With the help of this, TCS is targeting
small towns and all types of customer bases.
Since ion is a combination of hardware,
software and network, along with the services
provided by TCS, there is no addition price to
be played for this technology. Hence, the
pricing strategy in the marketing mix of TCS is
basically based on the client requirements,
projects and the scale of operation.
17.
Promotional Strategy followed by the Apart from Google search ads, Byjus also use
company: Google display ads and Google shopping ads.
They also use Facebook ads to book more
counselling sessions directly on Facebook. This
is possible because their sales representatives
are already all over the country.
Marketing Strategy followed by the One of the most powerful marketing strategies
company: of Byju’s is the brand ambassadors who are
associated with the brand. It is undeniable that
having a brand ambassador attaches a face to
the brand. Byju’s ambassador is the most loved
actor not just in India but worldwide. Shah
Rukh Khan is the brand ambassador of
Byju’s justifies the user base of the tech
brand.
18.
Pricing Strategy followed by the company: They charge from the students based on the
tenure of the courses which are categorized as
long-term, micro-courses, short-term, and crash
courses. You can also select the pocket-friendly
plans or opt monthly subscription instead of
paying all amounts together. Also, they provide
some free demo classes that turn helpful at
taking a vital decision for enrolling for the
course or not. One can browse various courses
both on its application or website.
Vision: Our vision at Vedantu is to reimagine and
evolve the way teaching and learning have
been happening for decades.
19.
20.
Promotional Strategy followed by the Sun Pharma follows a very strong promotional
company: and marketing activity in its marketing mix and
focusses on reaching the customers
everywhere. Their Tagline depicts the
intentions of the company and attracts the
people. They carry out various television ads
ad also spreads awareness through print
medias. The Sun Pharma company stresses on
niche segment like psychiatry and lifestyle
meds etc helping it to grow fourfold to have a
revenue. Sun Pharma have also earned
awareness through various sponsoring
programmes and hoardings etc. they also come
up with attractive offers and schemes on
meeting the described sales to its agents and
distributors. This completes an insight into Sun
Pharma marketing mix.
Marketing Strategy followed by the Sun Pharma follows a very strong promotional
company: and marketing activity in its marketing mix and
focusses on reaching the customers
everywhere. Their Tagline depicts the
intentions of the company and attracts the
people.
Pricing Strategy followed by the company: Sun Pharma has always tried to maintain a
reasonable pricing strategy to meet he needs of
the local people. It tries to optimise the
operational cost thus help in maintain
affordable prices. The pricing policies followed
by Sun Pharma is on par with the major
competitors in its marketing mix. The
consumers are now highly becoming price
sensitive. This is a threat to the company. Sun
Pharma produces generic medicines at a very
low cost thus giving it a competitive advantage.
With their diversified product line, they have
been able to meet both high end and low-end
products. Also owning a lot of patents under
their name has helped them earn a lot of
profits. The Sun Pharma company has
succeeded in differentiating itself as cost
leadership.
Vision: With the prime objective of good health to all
and happiness for all. We believe in utilising
modern science to bring out the essence of
nature and provide effective and high-quality
medicines at affordable prices.
company could overcome its flaws or what it For that they should try to expand globally.
should do to be more productive):
21.
Promotional Strategy followed by the Glenmark has been constantly upgrading its
company: marketing policies to maintain and maximise
its brand visibility. It has been the recipient of
several accolades and awards for exceptional
and ground-breaking patents and innovations.
Glenmark has been part of several events to
remain in limelight and increase its brand
awareness. The company has been a prominent
donator during medical donation camps and
have offered support and services through its
workforce and products in hours of need.
Pricing Strategy followed by the company: According to one of the surveys revenues of
Glenmark have been estimated at Rupees
5817.39 Crore and profits at Rs. 1468.43
Crore. Glenmark supposedly spends Rupees
290.86 crore on its R&D facilities. Glenmark
Pharmaceuticals is a company that believes in
operating in a healthy manner that is
environmentally conscious, proactive
and ethical. With changing scenarios in both
regional and global sector, the company has
tried to maintain a good pricing policy that will
prove beneficial to every party including itself,
its investors and customers. The company has
adopted a reasonable pricing policy for its
products as it wants them to have a greater
reach. Moreover, it realises that affordable and
rational prices will result in greater volumes
and better revenues.
22.
Company Name: Johnson & Johnson
Promotional Strategy followed by the Johnson & Johnson has followed a very good
company: marketing strategy, creating awareness through
advertisements via different medias which are
generally very eye catching. The marketing
mix promotional strategy of Johnson &
Johnson is to have a 360 branding. This
appeals the customers to buys the products.
Johnson & Johnson have realised the
importance of spreading awareness about the
production the market and have utilised their
full capacity to reach out to people.
The Johnson & Johnson ads are placed
everywhere and through all mediums, like
hoardings, magazines, newspapers etc. Their
advertisements also carry an emotional content
majorly focussing on quality and care. Johnson
& Johnson have also focussed on coming up
with very good packaging which is
environmentally friendly.
Johnson & Johnson have come up with various
kinds of campaigns also as a part of the
promotional activities. Few of them being
“Having a Baby Changes Things”, “The
Campaign for Nursing’s Future” etc. the
leading tv actress Prachi Desai has also been
associated with the company’s ads. Johnson &
Johnson ads generally focus cute babies and
kids which people love to see and depicts love
and care from a mother’s perspective. The
mother baby connection is strongly shown
there. Also, few cartoon characters are used to
attract the customers.
Johnson & Johnson also comes up with various
kinds of offers like get a soap free on purchase
of two etc. several kinds of discounts coupons
are also given along with baby products and on
buying all in one pack. Hence, this summarizes
the Johnson & Johnson marketing mix.
Marketing Strategy followed by the Gentleness, safety, and comfort have always
company: been a topmost priority of J&J. It uses harmless
chemical and products go through rigorous
clinical testing to ensure the highest standard
for their baby products. It has a strong presence
in the mind of the parents.
Pricing Strategy followed by the company: Johnson & Johnson is a renowned brand and
still it has maintained its pricing to an
affordable rate so that the common man can
buy the products. Johnson & Johnson follows a
very well-planned pricing policy in its
marketing mix pricing strategy, mainly keeping
it in the range of the consumer price index. As
we know a major part of the company’s market
is from consumer products, so it keeps n mind
the affordability criteria of the consumers in the
market before setting its pries.
Johnson & Johnson has also followed a
psychological pricing technique keeping its
prices in the multiples of 99 or 49. Although
Johnson & Johnson products are known for its
superior quality with proper packaging etc, the
company has decided on affordable prices.
In its medical products category, working along
with government they have priced them the
products at a reasonable rate. This also depicts
the companies socially responsible intentions.
Johnson & Johnson has efficient team
appointed for the pricing of the products. This
teams consider different factors like target
segment, their production cost, demand,
supply, and also the ability to pay of the
customers. After all the proper evaluations and
calculations, the prices are fixed for the
products.
There are certain Johnson & Johnson products
like the baby care products and consumer
goods where the prices charged are little high.
This is because people buying such products
are ready to pay even a certain high price given
good quality and good health for their family.
Vision: Our vision at Johnson & Johnson is for every
person to use their unique experiences and
backgrounds together – to spark solutions that
create a better, healthier world. Diversity,
Equity & Inclusion.
23.
Company Name: Club Mahindra Holidays
Promotional Strategy followed by the Brand presence of Club Mahindra has soared
company: very high because of its
exceptional advertising policies. It has paid
special attention to its infrastructure
and service quality. The company has tried to
make a promising statement with
its positioning strategy titled A Holiday You
Own. Every customer is treated as
an individual who deserves the best. Holiday
entitlements are offered to all its members
making them happy customers. Club Mahindra
has now started targeting women as their
members as it realises that in today’s nuclear
families it is the woman has a makes the
decision of planning a holiday.
Pricing Strategy followed by the company: Club Mahindra has implemented a membership
scheme under which a customer can stay at one
of its resorts whenever he/she desires. It has
targeted the families and leisure travellers from
the mid and upscale section of society. Its
actual source of income is from annual
subscription fees, sales of beverages and food
items and sale of vacation-ownerships.
Company’s pricing policies are dependent on
numerous factors. Its membership fees vary
from Rs. 11000 to nearly Rs. 51000 and
services provided under each scheme are
different depending on their fee structure. In
order to combat inflation, the company hikes
its maintenance fees on an annual basis. Club
Mahindra provides premium products and
services to its members and charges
accordingly as it believes in value-
added pricing policy.
Vision: Good living. Happy families.
24.
Company Name: Parle Products
Promotional Strategy followed by the The promotional and advertising strategy in the
company: Parle marketing strategy is as follows:
Parle brand uses all media like TVC, print,
online ads etc as a part of its marketing mix
promotion & marketing strategy. Parle brand
has always been associated with positive
emotions and has incorporated qualities like
sharing and caring. Parle was able to connect
with the children by sponsoring shows like
Shaktimaan where Parle started giving out
merchandise for the same. Moreover, it started
promotions on a national level scale by
fulfilling the dreams of selective children. Parle
has been active when it comes to promotions or
tv advertisements. Specifically, to Parle G, the
company promoted using the logo of a young
girl and later also had an ambassador for the
brand. Moreover, all the products have
attractive and distinct packaging which attracts
the target group. Apart from Parle G, all other
products of the company are also promoted
extensively with innovative marketing
campaigns. Parle has actively been involved in
print and press media. Hence, this concludes
the Parle marketing mix.
Pricing Strategy followed by the company: This is the backbone pricing strategy of the
Parle brand as a part of its marketing mix. The
low price of the Parle products along with the
promise of high quality helps in fighting the
competitors. Though Parle believes in focusing
on quality, it still has been able to manage low
cost due to the high volumes of production. It
comes in base pack of Rs 2 for biscuits whereas
the toffees range from 1 to 2 rupees. The low
pricing strategy of Parle G has enabled it to
retain its position as a market leader despite
several new biscuit brands coming in the
market as its competitors. Parle G focuses on a
volume strategy and hence keeping its prices
slightly lower helps it to reach out to a huge
audience.
25.
Company Name: Mother Dairy
Promotional Strategy followed by the Mother Dairy has adopted a subtle yet effective
company: marketing strategy. As it is facing stiff
competition from national player Amul,
Mother Dairy has moved onto smart marketing
strategy wherein it is working on better
communication strategies. It is now coming up
with various advertising strategies to gain
customer’s mind share. Recently Mother Dairy
has come up with ‘Tweet to Farmer’ campaign
where we thank them for giving us milk. It has
roped in a mascot Makhan Singh which is
targeted on the kids for various products like
cheese, butter and milk. The Mother Dairy ice
creams have also been quite popular because of
TV commercials. Safal also takes help of green
and environment friendly themes for selling
many of its products. Dhara brand has been on
TV commercials from quite a long time. It also
has tied up with Paytm and UPI for cashless
payment at its booths and hence showing it is
technologically updated. Hence, this covers the
entire Mother Dairy marketing mix.
Marketing Strategy followed by the Mother Dairy is not an aggressive marketer but
company: is a smart one. The TV commercials, print, and
other forms of advertising done by this brand
have been very effective and have worked well
for the brand. It has done a lot of print
campaigns in various newspapers, magazines
and billboards. The tagline adopted by the
brand is ‘Piyo Pure’.
Pricing Strategy followed by the company: Mother dairy a very penetrative pricing
strategy. Since its suppliers are farmers and
cooperatives and needs to support them, milk
prices change with inflations and certain
number of fluctuations are visible in Mother
Dairy milk prices. Mother Dairy also maintains
a differential pricing strategy in its marketing
mix and varies according to geographical
regions. Prices also vary with packages and
variants of milk. Other milk products also have
similar situations, and we can see pricing done
according to rising prices of other input factors.
In the Mother Dairy ice creams segment, it
keeps for regular ice creams competitive prices
and premium prices for other special flavours.
The Safal brand also dealing with fresh fruits
and vegetables keeps market-based prices. But
many products under its brand faces huge
competition and hence it maintains competitive
prices. The edible oil sections under brand
Dhara faces a lot of competition from many
brands and hence as loyalty of customers is
based on price and quality. As Mother Dairy
has a huge infrastructure it can compensate the
costs with large volumes of products.
26.
Company Name: Patanjali Ayurved
Admin/HR: Balkrishna
Promotional Strategy followed by the Patanjali has considered advertising for its
company: products as a high priority for driving sales.
The promotion and branding in Patanjali
marketing mix utilises all media channels like
print, TV, online ads, billboards etc. Patanjali's
brand ambassador is yoga guru Ramdev Baba,
who has a staggering fan following, which
enabled the brand to catapult in the big league
within a short span. The advertisements of
Patanjali have been aggressive where they have
showcased the importance of using natural and
ayurvedic ways of making products. Their
advertisements have also been under scrutiny
as they have alleged that its competitors have
been using harmful products. Patanjali
advertisements showcase their entire product
range targeting the audience who want a
healthy lifestyle by using naturally curated
products. The massive advertising exercise by
Patanjali has made it one of the fastest growing
FMCG companies in India, with annual
revenues in excess of INR 5000 crores. Hence
this gives an overview on the marketing mix of
Patanjali Ayurved FMCG company.
Marketing Strategy followed by the It uses undifferentiated targeting strategy, as
company: the main objective Patanjali is to offer
healthy products to all people. It uses a product
based and value-based positioning strategies to
establish a sense of trust and satisfaction of
being healthy in the mind of the customers.
Pricing Strategy followed by the company: The main players in India in this category are
the likes of HUL, P&G, Marico, ITC etc.
Patanjali has ventured into various segments
and hence the pricing strategy in its marketing
mix is defined by the competition in that
segment. Patanjali products are priced as per
competition so that it becomes easier for the
customers to switch from their existing brand
and adopt their products. Patanjali noodles
competes with Maggi, toothpaste competes
with Colgate, chywanprash competes with
Dabur, cornflakes compete with Kelloggs and
hence forth. This clearly shows that Patanjali
has replicated the already successful existing
FMCG model and is focused on giving a
healthier and natural variant to its target
audience. Thus, the prices of Patanjali products
are driven by segment, geography and most
importantly competition pricing.
27.
Company Name: Pepsi
Promotional Strategy followed by the Pepsi mainly targeted its food products to the
company: youth and family. The branded CSD is targeted
to the youth. The promotion is also done in that
format. They are promoted using the famous
movie stars or the well-known faces so that the
people can easily relate. The promotional
strategy in the marketing mix of Pepsi uses all
possible media channels like TV, print,
outdoor, online ads etc for a 360-degree
branding. Pepsi has sponsored global events
like world cups of football, cricket etc across
the world apart from sponsoring global
lifestyle, music etc events. They also have a
high and powerful promotion policy for all the
chips they have like Lays and Kurkure. As a
global beverage & snack brand, Pepsi mainly
targets the media to make their presence felt in
the market. Lipton is marketed to the higher
end of the customer. The Tropicana brand is
also targeted to the fitness-oriented people. The
people who are also preferring the healthy
options of drinking also prefer this product.
Thus, they promote in a way which attracts the
people who are health conscious and the ones
who are interested in having the healthy food.
Pepsi has also been involved with global brand
ambassadors who are film stars, famous sports
personalities etc. This summarizes the Pepsi
marketing mix.
Marketing Strategy followed by the It uses mass marketing strategy to target the
company: groups of the customers of
different demographics and geographic regions.
Segmentation is the important strategy which
helps the brand in targeting the specific group
of customers with differentiated offerings.
Pepsi is the mass market product which uses
undifferentiated targeting strategies in order to
be competitive and increase its sales. In the
non-alcoholic beverage market, it has
positioned itself as a young, vibrant and
passionate brand which challenges the
conventional things.
Pricing Strategy followed by the company: Pepsi products are priced according to the
demand of the customers. The price in the
Pepsi marketing mix would be complete only
after studying beverages, snacks and other
products offered by the company. The CSD are
priced at different rates depends on the
competition and the customer’s pocket. They
have various sizes of bottles offered at various
rates. This are priced according to the quantity
of the drinks supplied. The promotion is also
done keeping in mind the targeted customers.
The Tropicana beverages offered by Pepsi Co
are priced a bit high as they are targeted to the
health-conscious people. They are promoted in
the same way, showing the health-conscious
people and the people are made to relate this
drink to the people who work out or the people
who are concerned to with the healthiness of a
drink. Lipton is also a bifurcation of this
segment, but they are mainly targeted to the
niche customers. They are priced accordingly,
a bit high as a reason of that. The chips and
other things are priced accordingly, depending
on the quantity one wants to buy. The
marketing mix pricing strategy of Pepsi is
mostly driven by its most important competitor
Coca Cola and the demand from customers.
Vision: Be the global leader in convenient foods and
beverages by wining with purpose.
28.
Company Name: Infosys
Contact Number: +91-80-28520261
Pricing Strategy followed by the company: Infosys has diverse service and solutions
offerings, and the pricing is dependent on
factors like client, geography, industry, forex
and the solutions sought by the companies.
Dependent on Limited markets: Infosys
has concentrated operations majorly based out
Recommendation (About how the of the America and Europe. Together, North
company could overcome its flaws or what it America and Europe constitute over 80% of the
should do to be more productive): company’s revenue. This makes the company
susceptible to instability and uneven growth.
29.
Company Name: HCL Technologies
Promotional Strategy followed by the HCL’s focus on high ‘top of the mind’ recall
company: and focused Above the line and below the line
advertising has helped it make an indelible
mark in the minds of current and future
customers. Being at heart, a technology
company, HCL utilizes TV media and web as
well as magazines and daily papers. Beginning
a multimedia onslaught to ensure mindfulness
among potential customers. HCL has with its
brand Indian actresses & celebrities as its
image to improve the brand name and make
recall faster. Under the company’s business
advancement and promotional approaches,
HCL gives offers to end clients, corporate
houses and establishments. It has initiated the
"Practice environmental safety" program under
which HCL has set up a Green Edge structure
which will sustainably satisfy the needs of
assembling industry while furthering its CSR
promotional programs too.
Marketing Strategy followed by the HCL Technologies is a large IT company based
company: out of India, which is serving worldwide. HCL
has a wide array of business lines, products &
services in its marketing mix portfolio. These
services from HCL range from Business
administrations, incorporating the outsourcing
of HR, administration of inventory network,
monetary administrations, relationship
administration of clients, legitimate
administrations, book-keeping etc. Considering
capital markets, money keeping technologies,
human services, media, distribution, telecom,
protection, stimulation, assembling,
transportation and coordination ventures.
Administrations associated with Custom
application includes improvement, movement,
upkeep, bolster, modernization, mix.
Pricing Strategy followed by the company: HCL offers prices as per the service, product,
client requirement, timeline etc. With an
administration data structure that accumulates
item costs of its rivals and a watchful break
down HCL makes its own evaluating
arrangements that are priced close to
competitor costs. The fundamental objective of
HCL to give a value for money proposition as
opposed to the pursuit of blatant profits, the
organization’s sensible estimation for costs of
its products, administrations and services. The
HCL brand has never traded off with the
quality of its services in exchange for outright
profitability although through planned cost
cutting, technological disruptions and hiring
efficient workforce, HCL has been able to meet
value requests of discerning buyers.
Vision: “Together we create the enterprises of
tomorrow.”
30.
Company Name: Wipro Limited
Promotional Strategy followed by the Wipro spends good amount of their revenues
company: on promotional activities. These promotions in
its marketing mix primarily includes
advertisements on Television for the consumer
durable goods. Billboards and placards are also
sometimes put up at strategic locations. Wipro
takes part in a lot of corporate social
responsibility projects in order to increase their
goodwill and makes their presence felt in the
industry. Project Wipro Cares focuses on key
problems faced by communities like
rehabilitation due to natural calamities,
especially in the state of Odisha. Wipro take up
activities like teaching in government school at
rural areas where the quality of teaching is very
bad. They also undertake in skill development
especially for the engineering graduates. This
indirectly benefits the industry and the country.
Marketing Strategy followed by the Wipro is one of the biggest companies in India
company: with widespread services. Wipro being a global
IT player combines the business knowledge
and industry expertise and technical knowledge
and implementation skills to ultimately design
their products and solutions to make their
clients satisfied in the outmost level. Although
Wipro being one of the largest conglomerates
in India is present in myriad of businesses
spreading across various sectors, their primary
product width in their marketing mix includes
Aerospace, Automotive, Consumer goods,
energy, healthcare, insurance, media, retail,
professional services, Analytics, Business
processes, Cloud computing, consulting,
Information management, infrastructure
services, Internet of things, product engineering
and many more. Wipro work on various
technologies like Java, SAP, Dot Net, Agile,
Python which gives competitive advantage to
their client with their services.
Pricing Strategy followed by the company: Wipro manufactures various consumer goods
like LED Bulbs, emergency lights, iron,
incandescent lights in the retail segment. Such
products are priced in nominal range. The
above referred products are primarily catering
to the B2C segment just like in Fast Moving
Consumer Goods market. In the B2B segment,
which caters to the largest market for Wipro
primarily includes Information Technology and
Services. Price effectiveness is a major concern
in such a segment where competition in the
market decides the price. For IT service
projects like SAP Implementation and services,
JAVA development, Wipro quotes price of
projects which tends to be lower than MNCs
like Accenture, Oracle, Capgemini but higher
than those quoted by national players like
Infosys, Tech Mahindra, Cognizant
Technologies Solutions.
Vision: "To earn our clients' trust and maximize the value
of their business by providing solutions that
integrate deep industry insights,
leading technologies and best in class delivery
process."
Pricing Strategy followed by the company: Price is very interesting parameter to discuss
when it comes to IT/IS companies. The pricing
strategy in its marketing mix is as discussed.
Case in point Tech Mahindra also uses
different pricing mechanisms for its plethora of
clients that are present across multiple
industries. But what is common across all the
pricing decisions taken by Tech Mahindra is
the flexibility it provides to its customers. Tech
Mahindra approaches clients when they ask for
proposals and give their presentations on
capabilities, quality of service and other USP’s
along with price they want to charge for that
project. Generally, it is based on multiple
factors like complexity, technology used,
persons required, and time required. For this it
follows a competitive pricing model most of
the times to get more client base. Also, the
main reason for Tech Mahindra success is its
Pay –as – you – go pricing model which
provides the customers with advantage of
minimizing risk as there is no requirement for
onetime payment for the project. They can pay
as the project proceeds in different stages of its
development.
Vision: Educated, skilled and able women and men are
a country is true strength. We aspire to see
children who are purposefully engaged, youth
that is constructively employed and a society
that provides equal opportunities to people with
different abilities. Through its corporate social
responsibility initiatives, the Mahindra Group
commits itself to this. The key focus areas for
Corporate Social Responsibility at Tech
Mahindra Foundation are Empowerment of
girls/women Empowerment of people with
disabilities corporate volunteering
32.
Company Name: Outlook Group.
Pricing Strategy followed by the company: The price was increased to Rs. 15 in the issue
dated 15th April 2003.and from then the sales
have established. according to Mr. Anand, as
far as it does not hamper the image of the
magazine’s image, they do not mind making
changes in the price and quality
Vision:
33.
Company Name: Voltas Ltd
Promotional Strategy followed by the Voltas has a 360 branding in its marketing mix
company: promotion strategy. Voltas follows Tata Code
of conduct for its employees and associates.
Voltas has a dedicated ‘Green” mission to
minimise waste energy consumption and other
sustainable practices. Also, its CSR activities
are spread across vocational and skill
development, education, health and disaster
relief typically in the vicinity of its
manufacturing units. These activities help in
promoting good ‘word of mouth’ and a good
image as per the company’s mission and
vision. Hence, this completes the Voltas
marketing mix.
Marketing Strategy followed by the The company employs a product marketing
company: strategy that as enterprise solutions and end
users in focus. The company’s products fall
under an array of categories.
Pricing Strategy followed by the company: Voltas deals with various products in different
categories and it prices vary accordingly. For
household items the prices are in the affordable
range. Also, for industries it has maintained a
nominal price strategy which is fairly justified
through its quality standards. Voltas makes
best use of the technology and its association
with Tata group helps the customer to trust this
brand more. Voltas provides value for money
services and the customers don’t hesitate to pay
even a slightly high price for some products.
This gives an insight in the pricing strategy in
the marketing mix of Voltas.
Vision: Vision 2020 - Driving value through smart
engineering.
34.
Company Name: Whirlpool of India Ltd
Pricing Strategy followed by the company: Whirlpool mostly follows a competitive pricing
as a part of its marketing mix strategy.
35.
Company Name: Crompton Greaves Consumer Electricals
Ltd
Promotional Strategy followed by the Crompton Greaves has always been active in
company: news and media through its services, products
and goodwill. Crompton Greaves organises
blood donation camps, display contests to
spread awareness and reach maximum
customers, exclusive showrooms, participates
in trade shows, van camps are set up to
promote agricultural sector products,
conclaves, etc. Crompton Greaves has actively
published all its events in news and covered it
online, and these details are also available on
its website. Trough commercials on televisions,
etc. and ads in magazines, newspapers, etc. it
creates an impact in the minds of customers.
Hence, this completes the marketing mix of
Crompton Greaves.
Marketing Strategy followed by the Crompton Greaves uses Geographic and
company: psychographic segmentation strategies. ... The
brand appeals to Corporate as well as retail
customers and uses product class as well as
usage-based positioning strategy to make the
customer understand how to leverage
technology along with the different offerings.
36.
Company Name: IFB Industries Ltd
Promotional Strategy followed by the IFB is one of the most trusted brands in India
company: and has become the first choice of consumers.
It realises the impact of a good and strong
marketing policy and hence has adopted multi-
level marketing to promote its products.
Distributors, dealers and customers are
important advertising tools of this brand. It
relies heavily on mouth publicity as it believes
that superior quality of its products is in itself
enough for its promotion. It also takes part in
several events like trade fair and conducts live
demo of some products. This helps in creating
good brand visibility. It has a co-operative,
efficient and friendly workforce that helps in
direct and indirect dealings with customers.
IFB offers better and quick after-sales services
to deal with customer problems.
Marketing Strategy followed by the It relies heavily on mouth publicity as it
company: believes that superior quality of its products is
enough for its promotion. It also takes part in
several events like trade fair and conducts live
demo of some products. This helps in creating
good brand visibility.
Pricing Strategy followed by the company: IFB has a strong brand presence and has put
the special onus on qualitative and eco-friendly
products. IFB knows that price is one of the
most important aspects of any organisation.
The production cost of its products is higher
than similar products from rival companies. It
deals in products of premium quality and hence
has adopted premium pricing system for its
company.
Vision: IFB will be synonymous with Innovation &
Technology in its chosen fields of business
activities. IFB will excel in Quality & Services
to be in consonance with Global Standards
37.
Company Name: Blue Star Ltd
Promotional Strategy followed by the Blue Star increases its product awareness
company: by both traditional methods like printing
in newspaper, magazines, hoardings, TV
advertisements and through digital
methods like launching videos on social
media sites for promotion of new
products, launching online campaigns etc.
Along with these to maintain its strong
dealer network Blue Star keeps coming up
with different new profitable schemes for
dealers in which they themselves have
margin for dealers, sub-dealers and
retailers which itself increases the number
of sales. One more way of Blue Star to
increase visibility of products is by
quickly incorporating the different
facilities, features and services customers
are looking in their products and from the
company. Hence, this completes the
marketing mix of Blue Star.
Marketing Strategy followed by the The company has plans to undertake an
company: "aggressive marketing strategy" that
involves increasing its distribution
channel from 2,000 retail points to 3,500
in the current year.
Pricing Strategy followed by the company: Blue Star has a diverse product range &
hence a differential pricing. If we look at
the price of Blue Star products, they are
little higher than average cost of products
and a little less than premium products.
Blue Star prefers to follow the
competitive strategy in its marketing mix,
but it doesn’t compensate with its quality
of product. With a little high price of
products Blue Star assure the value return
of the products. While penetrating in the
small towns and rural areas Blue Star has
also come up with new products which
are slightly cheaper, with a little cost
range they are able to penetrate further
into the market. In the coming years it is
predicted that competition is going to be
multiplying to its current form and then it
will be more difficult to retain customers
especially in the rural areas and small
towns where almost 52% of the major
revenue products like air conditioner and
commercial cooling system of Blue Star
are sold. So Blue Star is aiming to lower
down its product prices by cutting down
the operational cost but maintaining the
quality of products.
Vision: To Dream, to strive, to Care, and above
all, to be the best in everything we do.
38.
Company Name: Bajaj Electricals Ltd
Pricing Strategy followed by the company: Bajaj Electricals has adopted distinctive pricing
strategy for each of its product segments which
include the household appliances on one end
and the large-scale projects on the other
segment. The consumer products indeed have a
competitive pricing strategy in its marketing
mix to get the required market share in terms of
rising competition among rivals. However, the
Bajaj Electricals brand also offers discount and
other incentives in terms of service for
attracting larger customer base. It has also
some of the products sold at premium price
based on the value offerings it provides to the
consumer base. The products of Bajaj
Electricals focus more in providing quality
products and gives lower importance towards
earning more margin. This has clearly helped
the brand to gain a trustworthy image among
the consumers.
Vision: Our vision has always been to be the leader in
the industry and a consumer’s original choice.
We strive to fulfil this everyday by being open
to change and constantly improving ourselves.
We, at Bajaj Electricals, also believe in
enhancing the quality of life of our customers,
stakeholders and of course our employees
through everything that we do. We also
understand the significance of sustainable
growth, and hence endeavour to be a
responsible company. Our core business
strategy has sustainability embedded into it
right from the beginning. We believe in giving
back to the community and are attuned to the
importance of being socially and
environmentally conscious in all that we do.
39.
Company Name: Marico Ltd
1 out of 3 Indians.
Marketing Strategy followed by the Marico is one of India’s top FMCG companies
company: focused on health and beauty products. The
band width in Marico marketing mix deals with
hair oil, hair care, edible oil, deodorants,
personal wash and fabric care categories.
Marico’s brand portfolio can be divided into
two segments, viz. Indian brands and
international brands. The Indian brands of
Marico include Parachute, Nihar, Set Wet
(deodorants and hair gel), Zatak, Livon,
Medicare, Saffola (oil, oats, Active, Fit, etc),
Revive instant bleach and Manjal.
Internationally, Marico has the brands like
Parachute Advanced Body Lotion in
Bangladesh, Boss in Vietnam and Hercules in
South Africa. Brands like Parachute & Saffola
are very well-known brands in India & also
worldwide.
Pricing Strategy followed by the company: Marico has a wide product range in a
competitive market and hence has a diverse
price range. For most of its brands Marico
followed the strategy of entering markets that
have low competition and emerged as leader in
them, like hair oils, edible oil, etc. But recently
Marico has found itself in a competitive
scenario as it entered deodorants, hair styling,
fabric conditioners, breakfast cereals, skin care,
etc. Also, other FMCG giants have focused
again on ayurvedic and natural products
segment with Patanjali’s recent entry in the
industry. Marico therefore follows a
competitive pricing strategy to maintain its
leadership in its leading brands like Parachute
and Saffola. This gives an insight about the
pricing in its marketing mix.
Vision: Their vision “COME WIN…….”
40.
Company Name: Mamaearth
No. Of Employees: 81
Pricing Strategy followed by the company: The brand offers its products at a slightly
high price but, at this price, it offers the best
quality product. Mamaearth brings out the best
of nature by offering products made up of all-
natural ingredients. Moreover, the products
of Mamaearth are cruelty-free.
Vision: The vision statement for Mamaearth the Start-
up that Keeps Babies Toxin Safe is its strategic
plan for the future – it defines what and where
Mamaearth the Start-up that Keeps Babies
Toxin Safe Company wants to be in the future.
The vision statement for Mamaearth the Start-
up that Keeps Babies Toxin Safe is a document
identifying the goals of Mamaearth the Start-up
that Keeps Babies Toxin Safe to facilitate its
strategic, managerial, as well as general
decision-making processes.
Some of the companies that Tenhard India Private Limited can collaborate with as
follows:
Zee learn.
AnandaBazar Patrika.
The Times group.
Jagran Parakashan Limited
HT Media.
Outlook Group India.
Indian Express.
Vedantu.
Unacademy.
Club Mahindra holidays.
Byju’s.
The reason I point out these 11 companies is because as Tenahard India Private
Limited is a publishing company and is as a leading name in the e-media
industry where one can get digital versions of media from various publishers
and the latest news digitally which is a growing demand in India. Nowadays
people prefer news digitally more than in newspapers.
So, the company which I point out are the companies who gives services such
as giving news digitally, proving online education as well as people who want
to go for a trip. Its because these are the sites where one will click the ads of
any organisation providing news digitally. Otherwise, we cannot expect a
person looking for biscuits or any other products will look for such ads.
2nd starting a podcast will also help as it will connect with other people in our
niche and who have similar interests.
3rd. Tenhard India can also start referral marketing where customers of these
companies after seeing the ad will help to promote the product.
4Th. Tenhard can go for blog writing from where people will get noticed from.
5th in any event, they can give customers a free trial for 10-15 days so that
people can know about the product.