Professional Documents
Culture Documents
• The company was founded by the Chauhan family, headquartered in Mumbai, Maharashtra.
• They have a 150+ product range, 36 popular brands, and 21+ export destinations.
• It is called a well-known brand following the success of its products like Parle-G biscuits and
• It manufactures products in various segments which makes them unique and successful.
The original Parle company was split into three separate companies owned by the different factions
(owner of the brands Parle-G, Melody, Mango Bite, Poppins, Kismi, Monaco and Krack Jack)
All three companies continue to use the family trademark name "Parle".
1928-30
1928-30
1931-40
Parle-G and
Monaco are born!
• We baked our first
biscuit in 1939:
Parle Gluco
• The same year, we
also introduced
Monaco, India’s
first salted cracker.
first salted cracker.
1928-30
1941-50
1941-50
Leading the
way in
Technology
We created
India's longest
oven - 250 feet
long!
1928-30
1941-50
1951-60
1961-70
1961-65
1951-60 Parle gets a 1966-70
Say 'Cheese’! whole lot Jeffs are
sweeter! launched
With the
launch of Our For fans of
Cheeslings in confectionery savoury snacks,
1956, the nation range we created
found a new expanded with Parle Jeffs
way to enjoy Kismi in 1963
cheese snacks. and Poppins in
1966.
and Poppins in
1966.
1928-30
1941-50
1951-60
1961-70
1971-80
1971 1972-80
Winning over A little sweet, a
the world! little salty!
We received In 1972, we
our first Monde introduced the
Selection original sweet and
Award in 1971. salty biscuit,
Krackjack.
1928-30
1981-85
Parle Gluco
1941-50 rechristened to
Parle-G
1971-80
1981-90 1986-90
An expanded
range of toffees
and candies
We launched the
chocolately
Melody in 1983
and India's first
mango candy
Mango Bite in
1986.
1986.
1928-30
1991-2000
A little indulgence
goes a long way
1941-50 Hide & Seek, India's
most loved moulded
chocolate chip
1951-60 biscuits were
introduced in 1996.
1961-70
1971-80
1981-90 2000-2010
Parle launched
1991-2000 it’s 20-20 Butter
Cookies and
2001-2010 Magix
With the richness
of cashew, the
goodness of
butter Parle 20-20
became
household ‘s
favorite cookie
became
household ‘s
favorite cookie
1928-30
1941-50
1951-60
1961-70
1971-80
1981-90
1991-2000 2011
Parle led
2001-2010 multiple
product
2011-2020 innovations
and unveiled
Parle Platina
MARKET COMPETITION
LEADING MARKET PLAYERS IN THE BAKERY INDUSTRY
5%
6%
13% 35%
41%
SOME MORE INSIGHTS ABOUT THE COMPETITORS
• Priyagold: Priyagold is another competitive • Cremica: Cremica is known for its cream
brand that produces biscuits similar to Parle's biscuits and cookies and competes with Parle
offerings in terms of variety and price range. in the premium biscuit segment.
DISTRIBUTION
MARKETING MIX
• Parle offers a wide range of • Uses competitive pricing and • Extensive distribution network • TV advertising focusing on
biscuits, snacks, sweets and offers products at various price reaching 6 million retail stores emotional positioning.
confectionery products points. across India.
• Engaging campaigns like “G
• Focuses on providing affordable, • Penetration pricing strategy for • Products available in general Maane Genius”.
tasty and quality products for the mass market products like stores, supermarkets,
masses. Parle-G. hypermarkets, etc. • Strong brand ambassadors over
the years.
• Regularly introduces new products • Adopts price bundling for • Tie ups with distributors for
and variants to cater to changing certain products. wider market reach. • Leverages occasions like Diwali
consumer tastes. to run promotions.
• Provides discounts and offers • Leverages technology to
• Strong emphasis on product on special occasions. improve logistics and supply • Increased focus on digital
innovation and R&D. chain. marketing in recent years.
• Different pricing for different
• Invests in improving packaging product variants targeting • Focuses on deeper penetration
and product presentation. various segments.
in rural areas.
SWOT ANALYSIS
• Strong and diversified product portfolio with popular brands.
• Wide distribution network reaching remote areas across India.
•
•
•
Strong marketing efforts and branding resulting in high brand recall.
Competitive pricing and cost leadership strategy.
High brand loyalty among consumers over the years.
S
• Strong R&D capabilities and innovation pipeline.
W •
•
•
•
High dependence on few major brands like Parle-G.
Faces intense competition from regional players in local markets.
Risk of consumers getting bored of the same traditional flavours.
Managing extensive distribution network is challenging.
T •
•
•
Declining relevance for some segments as incomes rise.
Stagnant taste of products indicating maturing market.
Fluctuating raw material prices affecting costs.
• Government regulations regarding labelling and packaging.
SPONSORSHIPS AND COLLABORATIONS
CHOTA BHEEM AND PARLE-G
Marketing Campaigns are the heart and soul of any business. They drive traffic, lead conversion
rates, product awareness, acquisition, and retention. They can be time-consuming and expensive but
when done right, they can help a business grow as well as create a strong brand impression.
This campaign was launched during the Indian Premier League (IPL) 2018 season, of which Parle Products
was the associate sponsor.
You Are My Parle G
Speaking about the campaign, Mayank Shah, Category Head, Parle
Products said, ‘’Over the years, Parle-G was strongly positioned as
a staple given that it is associated with health and nutrition.
However, a consumer research that we conducted recently revealed
that Parle G has moved beyond being a staple or a habit and is
more of an emotion. Through this campaign, we want to celebrate
that emotion and the bond a consumer has with Parle G by
showcasing how there are relations in our life which are never
acknowledged but have played significant role in making us who
we are.’
The wafers category is giving a hard time to the market leaders in the biscuit category. Parle Products,
which boasts of 40 per cent market share in the biscuit category, forayed into the organised wafer business
in 2009, and launched three new snack brands – Musst Stix, Musst Chips and Monaco Smartchips. It was a
time, when many entered into the snacks category.
Parle Musst Chips and Stix
• According to experts, the products failed because there was no product
differentiation in the category. “Musst Stix was an imitation of Kurkure.
Consumers seek a difference in taste and Parle Products failed at that.” The
storyboard of the ad commercials for the products showed the company
comparing it with other products in the market and offering 50 per cent
extra on each pack.
• Musst Chips and Musst Stix, both launched in the same year aimed at
competing with the market leaders, Lays and Kurkure. While Musst Chips
was positioned as a young and light, fun snack, Must Stixx was positioned
as a family snack. However, the positioning didn’t work for them. “Wafers
don’t find the kind of customer acceptance that biscuits do. Remember, the
consumer may be the kid in the family, but the customer is the mom or dad
who shops for food and grocery. Moms and dads don’t find wafers either
nutritious or filling. Plus, wafers cost as much or even more as compared to
biscuits.”
CONSUMER ANALYSIS
KNOWING OUR RESPONDENTS
What’s New:
• Parle continues to be India’s top FMCG brand at home, and Britannia leads the ranking for out-of-
home consumption
• Parle crosses $2 billion in sales during FY22
• Parle wants to bite into biscuit maker Dr Gerard in Poland
• Parle set for a fight with Kellogg’s, Nestle; to roll out breakfast cereals
• Parle Products hikes biscuit prices by 5-10 percent as input cost soars
• Parle Biscuits Posts 38% Surge in Sales
• Parle’s long journey from being a Swadeshi brand to a modern product
Much like India itself, Parle had to reinvent itself decade after decade, keeping its legacy alive. This
is a brand loved by people, much because of its nostalgic connection while remaining contemporary
and very much a ‘common (wo)man’s brand.
RECOMMENDATIONS
• Primary data shows 84% consumers buy parle products from retail stores. ( Some point related to online/retail),
• Parle can try to engage their customer audience more on social media because the advertising trends are shifting nowadays from
print media.
• Going forward Parle should continue to advertise in such a way that it is relatable to everyone, and make it nostalgic, with an
• Parle can increase and advertise their supply on online platforms as moving forward, people are getting more inclined towards
online shopping.