• factory was located at Hosur in Tamil Nadu • marketing head-office • In August . 1991, Mr Krishna Kumar, Vice-President (Marketing) was recruited, reporting directly to the MDwas located 38 km away from factory at Bangalore Competitors Customers • household consumers , • commercial enterprises, • government organizations , and • institutional customers Exhibit 1 : Market Segments, Market Potential and Price Sensitiveness for Aluminium extruded products in Southern and Western Regions
Market Market Potential (%) II Price Sensitiveness
Segments
Household consumers High
50 Com mercial enterprises 20 Medium Institutions 10 Medi um Government organisations 15 High Cooperative societies 05 Medium 100 Exhibit 2 Competitive Analysis Competitors Primary /Secondary Quality Ranking Delivery/ Relative Price Manufacturers Availability Ranking Comparison Jindal Aluminium Secondary 1 1 110 Hindalco Primary 2 5 105 Nalco Primary 3 6 105 Balco Primary 4 7 105 Ma n. Aluminium Secondary 4 2 107 Bangla Aluminium Secondary 5 4 107 MP Aluminium Secondary 5 3 107 Analyze the marketing environment for Saragam Aluminium. Analyze the nature of competition and its implication on Saragam Aluminium. If you were the MD of the company, what would be your pricing decisions? Give reasons for the same.