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Badayouni Bakers: Taste The Quality
Badayouni Bakers: Taste The Quality
■ LITERATURE REVIEW
■ CONCLUSION
Literature Review
SME related institutions in Pakistan are Small And Medium Enterprise Development
Authority, SME Banks, Federal Bureau of Statistics, State Bank of Pakistan &
Securities and Exchange Commission of Pakistan
SBP characterize SME as, "Any private economic establishment engaged in
manufacturing, trading or service providing business with net annual turnover or sales
up to Rs.300 million in the current fiscal year; or any manufacturing entity having total
assets up to Rs.100 million excluding land and buildings with maximum 250
employees or any trading or service concerning total assets up to Rs.50 million
excluding land, buildings and with maximum 50 employees.
In the context of Pakistan, no uniform and standard definition of SMEs has been
available that effected the progress and success of the SMEs.
Literature Review Continued…..
Infrastructure: Many SMEs are located either on the fringes of the main
cities or in dense areas downtown, where access to such SMEs is
difficult.
Lack of SME Database: There is no particular database for SMEs either
in the manufacturing or services-based sector.
The paper projections hope to persuade the government officials and
SMEs to come together in order to remove the degree of diversity and
conflicts among SMEs definitions as the current definitions vary greatly
in proportions to national economies.
Literature Review Continued……….
Brand Management in Small to Medium Sized Enterprises
There is strong emphasis on the use of strong brand associations
by SMEs, primary and secondary, a focused and integrated communication
strategy to enhance the brands as well as a creative approach to brand
strategies to contribute to their growth.
A strong brand generally refers to a brand having positive equity to the extent
that consumers respond more favorably to marketing activities when the brand
is identified, compared to when it is not.
A comparison of brand building and brand management in SMEs and large
organizations suggests that large organizations have developed finely-
crafted strategies to manage their brands on a local as well as global scale.
Literature Review Continued……….
■ THE IDEA IS TO INTRODUCE THE PRODUCT IN OTHER AREAS AND ALSO CONVERT
JAN’S BAKERS
BAKERS
TARGET MARKET
■ PRODUCT
– BADAYOUNI PAIRA
■ PRICE
– RS. 800/KG SINCE 2017
■ PLACEMENT
– BADAYOUNI BAKERS, MAIN BAZAR, MARDAN
■ PROMOTION
– WORD OF MOUTH
SWOT ANALYSIS
■ STRENGTHS
– DIFFERENCIATED PRODUCT THAT IS NOT AVAILABLE IN THE MARKET
– HAS A GOOD WORD OF MOUTH MARKETING AND IS A TOURIST
ATTRACTION
■ WEAKNESSES
– NOT DIFFICULT TO REPLICATE
– SHOULD BE STORED UNDER A SPECIFIC TEMPERATURE IN LONG TERM
SWOT ANALYSIS Continued……….
■ OPPORTUNITIES
– EXPANSION IN KPK
– ENHANCE PRODUCT LINE TO TURN INTO A FULL-FLEDGED BAKERY
■ THREATS
– EXISTING COMPETITORS IN THE NEIGHBOURING CITIES
PORTER’S FIVE FORCES ANALYSIS
CUSTOMERS
REVAMPING OF BADAYOUNI
BAKERS
■ STEP 1: IMPROVE EXISTING BUSINESS
■ STEP 2: LAUNCH A BRANCH IN SAME CITY ON TRIAL BASIS
■ STEP 3: MONITOR THE SHIFT IN TRENDS DUE TO LOCAL EXPANSION
■ STEP 4: LAUNCH A BRANCH IN ANY NEIGHBOURING CITY
■ STEP 5: MONITOR THE PERFORMANCE OF BUSINESS AT THIS STAGE
■ STEP 6: LAUNCH A BRANCH OUT OF MARDAN DISTRICT
■ STEP 7: MONITOR TRENDS AT THIS STAGE
■ STEP 8: GO FOR FULL OUT EXPANSION IN KPK AT FIRST AND EVENTUALLY IN
ALL PROVINCES
IMPROVING EXISTING BUSINESS
PERFORMING AREAS
EXPANSION IN PAKISTAN