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SUBMITTED TO
SUBMITTED BY
Vipin Das
ENR NO.:-BM 18020 SEC.:-L (PGDBM)
Ishan Institute of Management and Technology 2, Knowledge Park I, Greater Noida, Distt.G.B. Nagar (U.P.) WEBSITE: www.ishanfamily.com,Email:student@ishanfamily.com
mouth is stronger and they are moneyed folks. Parshu Narayanan, Creative Head and Managing Partner, Publicis Capital, the agency responsible for Marutis ad film aptly states "Today a rural consumer is much younger, far more exposed (to contemporary trends) and is getting more affluent". Heres an interesting snapshot of the kind of people that Maruti Suzuki is selling to. Orange farmers in Nagpur
Turmeric growers in Tiruchengode, Tamil Nadu Granite polishers in Hyderabad Blue pottery makers in Jaipur Madhubani painters in Madhubani, Bihar Potato growers in West Bengal Apple and fruit growers in Himachal Pradesh Fishermen in Howrah Alphonso mango growers in Ratnagiri
Questions
1. What kind of people does Maruti Suzuki is selling target? 2. Do you think that Maruti Suzuki has been successful in implementing their strategies for villagers? 3. What promotional activities are done by Maruti Suzuki to promote their product for villagers?.
introduced 24-inch LCD TVs when others were 32-inch and above, he points out. Later came its home theatre range, priced under Rs 10,000, when the then entry-level price was over Rs 12,500. Then its Cube AC, an innovative cross-over product between window and split models, sporting almost a window price tag. In the personal grooming product category, it introduced a new range of hair dryers. One of the learnings Panasonic had was that consumers believed hair dryers damage hair. It designed one with a new feature it called HPT (hair protective temperature). It blows air at the right temperature which is actually suitable for the hair. And it was priced at Rs 595, says Sharma. With these products, Panasonic started to penetrate the market deeper. Last year turned out to be very favorable for Panasonic, when its air-conditioner sales grew over 100 per cent, albeit on a smaller base, when most other players, including the Korean ones, registered a dip in sales. In terms of market share, it was close to 13 per cent. We started off with about 6.5 per cent a couple of years ago, we had sort of doubled last year, says Sharma. In the flat panel TV segment, Panasonic claims to have about 10 per cent market share right now. With a little over five million units a year, the flat panel TV market is growing at 7580 per cent. And, in other categories such as refrigerators, washing machines and digital cameras too Panasonic has been gaining market share .It is now looking at developing more products which are suitable to India and can drive growth especially in the mass categories. Soon to be launched are its water purifiers another rapidly growing market. Panasonic will bring in RO (reverse osmosis), UV (ultraviolet) and alkaline water purifiers that can be connected to taps. The company closed the year 2011 with close to Rs 3,200 crore in sales. Considering the fact that 30-35 per cent of its sales is from Tier II cities, and major cities make up the rest, Panasonic plans to drive growth from smaller towns, while retaining its focus on urban markets too.So we are developing products which are suitable for tier II markets and also enlarging our base in bigger cities which can absorb advanced top-end products, such as Smart TVs, front-loading washing machines, side-by-side refrigerators and inverter technology-based air-conditioners, he elaborates.Panasonic has decided to take the total number of large-format brand shops to 200 by the end of the current year from the current 135, and to set up 100 small-format exclusive Panasonic outlets.Including multi-brand outlets, it is looking at about 9,500 retail points across India, which is actually good enough to cover a reasonably good part of Tier II towns. Out of these 9,500 shops, approximately 3,000 would be through direct partners and the balance would be serviced through distributors. Questions 1. Did Panasonic achieved all the three aspects of rebuilding the brand Panasonic in India 2. Panasonic India spend 10 per cent of its revenues on marketing does it help them to re position their brand. 3. Why Panasonic diversified their product categories.
In 2003 HUL acquired the cooked shrimp and pasteurized crabmeat business of the amalgam group of companies, a leader in value added marine products exports Conglomerate diversification In 1993 it acquired the kissan business from the UB group the dollops ice-cream nosiness from Cadbury India as at that time both of the business concerns were on peak and the best promising businesses. 1. What strategy did HUL adopt while acquiring other brand? 2. Did brand acquisition make HUL become the No.1 brand in India? 3. Why did HUL acquire the brand Brooke Bond?.