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GREWIA SAUCE MARKETING PALN

-:Submitted To
SSSSSSSSS

SIR FAROOQ
JAMAL
Submitted By:-

QAISAR ABBAS

09-NTU-5044

SAJJAD MAQBOOL

09-NTU-5048

SOHAIL PERVAZ

09-NTU-5053

WASIM YOUSAF

09-NTU-5060

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

TABLE OF CONTENT

ACKNOWLEDGEMENT-----------------------------------04
Dedication------------------------------------------------------05
Current Marketing Situations-------------------------------06
Market Review------------------------------------------------07
Product Review-----------------------------------------------09
Competitive

Review-----------------------------------------12

Distribution Review------------------------------------------17
S.W.O.T

Analysis--------------------------------------------21

Objectives and Issues----------------------------------------24


Marketing Strategy-------------------------------------------27
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Pricing---------------------------------------------------------36
Action Program-----------------------------------------------45
Budget---------------------------------------------------------47
Milestones----------------------------------------------------49
-----------------------------------------------------References
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

II

wish to thank the various people who help me in this project.


wish to thank the various people who help me in this project.

The most closely involved in this project PROFESSOR FAROOQ


The most closely involved in this project PROFESSOR FAROOQ
JAMAL who supervised me over all plan. With out help of Sir.
JAMAL who supervised me over all plan. With out help of Sir.
Farooq I cant complete this plan. I learn a lot of things during this
Farooq I cant complete this plan. I learn a lot of things during this
.plan
.plan
I also thank my class fellows who provide me extremely useful
I also thank my class fellows who provide me extremely useful
.guidance
.guidance

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Dedicated
to
OUR BELOVED"
"PARENTS
Whose prayers, sympathy,
affection and guidance are
always with us all the time

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Current market situations


Whenever we are talking about the fast or spicy food the first thing came
in mind Sauce with out sauce taste cannot come. The current marketing
situation of the edible items does not remain sustainable because the
different types of products are available in the market. It is just because
the available flavors are too much. Our sauce has also a very different
flavor of grewia and this flavor is not available in the market. Many
vegetable flavors like tomato, garlic chilly ketchup sauces are available in
the market but the flavor we produce is the new one. This sauce contains
high level of portions, vitamins. Our sauce formula contains completely
natural extracts of fruits.
Yet the Pakistani edible market remains sustainable, with the annual sales
of 5 to 10 million units per year. There is no single way to segment the
market. A marketer has tried the different segmentation variables alone
and in combinations to finalize the best view of the market structure. We
can target the customer and makes segmentation of this product in the
way of mass marketing. Here only the one Sauce covers all gender,
demographics, and psychographics of the people. Competition is
therefore more instance the demand of such type of sauce is low but in
Winter season it may be high and pricing pressure squeeze profitability.
To gain market share in this dynamic environment, our company must
carefully target specific segments with features that deliver benefits
valued by each customer group.

Market Highlights of Edible Industry


As we discussed before that Pakistani Edible industry remains sustainable
and the annual sales of such types of Sauces are possibly 5 to 10 million
units per year. Now another thing that of these units sold in the winter
season. It is because in winter season no one wants to go out to the
market thats why sauce is in every kitchen.

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Market Review
Our company`s consists male and female of all ages who want to have a
new flavor of sauce and also want to have different features. We next
discuss a table in the plan, highlights the needs and demands of targeted
customers.
First we launch Grewia Sauce in Faisalabad city. We made a survey in the
whole of Faisalabad and the demand of such type of product is too much
high in the winter season. After this we have a plan to deliver the product
in the whole Pakistan.
We assumed that our Sauce will easily prevail in the whole of Edible
market. It is only because our 1 product covers all the customer needs.
Our mission statement will create complete and effective positioning. We
will introduce our product in winter season. We are a profit oriented
company as others are, but in starting we have to minimize the sale price.
For this purpose we have to reduce the cost price first. Before minimizing
the cost we also have to study customer mind. When we identify the
customer need then we must provide the quality product by building a
standard with the minimum cost

Market segmentation:First of all we are introducing our product in four big cities Faisalabad,
Karachi, Lahore, and Multan. First we will make segments of these cities.
After making these segments we will evaluate each segment to analyze
which segment is beneficial for us or not. We will make each segment on
such basis.

1. Geographic
2. Demographic
3. Psychographic
4. Behavioral

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Geographic segmentation:In geographic segmentation we will divide each city into different
segments according to Areas, States, Regions, and Markets. First of all
we made the division in Faisalabad city in different segments like
D. Ground, Madina town, Peoples Colony and Samanabad. With this
segmentation we can easily understand the Needs, Wants, and Demands
of the people of Faisalabad. With the help of a short survey we finalized
this decision. We made a questionnaire for the general public and had
filled through them. It was the only tool for us to know the people that
what they want?

Demographic Segmentation:In Demographic segmentation we will divide people according to


their ages and life cycle. We will divide our customers regarding
their ages as Children, teenagers, twenty plus, thirty plus, and so on
more than sixty years old
But when we think about the Children they are more interested to eat
sauce in with spicy& fast food.

Age Groups:5-10 years


11 20 years
21-60 years

Gender segmentation:We need not to make the search on gender segmentation because our
Sauce is for both male and female.

Income Segmentation:We easily made the division according to the income of the people.
Through the income segmentation we divide the people into different
levels of groups regarding their income. Such like
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


Rs 5,000 To Rs 10,000
Rs 10,000 To Rs 15,000
Rs 15,000 To Rs 20,000

Psychographic Segmentation:To analyze the psyche of the people of Faisalabad we divide them in
social class, Lifestyle, and Personality. According to the social class the
available types in Faisalabad are five which are

Upper class.
Upper middle class.
Middle class.
Lower middle class.
Lower class.

For making the best marketing structure we set a reasonable price which
suits all types of social classes in Faisalabad.

Behavioral Segmentation:Behavioral segmentation divides byres into groups, based on their


Knowledge, Attitude, Uses, or Responses to a product. We also believe
like many marketers that behavior variables are the best starting point for
building the best market segmentation. In Faisalabad we see the
behaviors of the people with the help of the questionnaire. After filling
the questionnaire we easily determine the values like Occasions, Benefits,
User Status, User Rates, Loyalty, Readiness stage, and Attitude towards
the product.
Many of the people want a Sauce like Grewia sauce. But the problem is
that no Edible company focuses on these needs, wants, and demands of
the people.

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Product Review:Product Name:Grewia sauce

Introduction:Our company`s 1st product, Grewia sauce, keep the following standards
and features multi vitamin and Sauce proteins for skin and body glow.
Grewia Sauce contains Grewia, sugar, Black pepper, stabilizer, and
permitted preservatives. These ingredients provide the body 8 hrs energy.

Ingredients:Grewia, water, modified starch, mixed spices, vinegar, salt, sodium


citrate, food colors, sugar, Black pepper, stabilizer, and permitted
preservatives.

Levels of product:Levels of Product:Core Benefit:Actual Product:Augmented product:-

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GREWIA SAUCE MARKETING PALN

Core Benefit:Core benefit of our product are Flavor, Strong Bones, and 8 hrs energy.

Actual Product:Grewia Sauce is actually the Sauce of winter season and use for the
purposes defined before. It relates to the Edible market. Actual product in
detail is

Features:Grewia Sauce have a new fruit flavor.


Make the bones strong.
Gives 8 hrs energy.
Glow the body and skin.
Repair the dead tissues of the body.
Source of creating blood.
Having high amount of sugar, Vitamin C, Carbohydrates.
Digested friendly.

Brand Name:We launch a new product in the market and with the help of this product
we establish our business. We dont have any brand till now.

Quality Level:We made the best quality product. its because it is a new product and
also for getting more and more response, and to gain the best level of
goodwill in Faisalabad and Pakistan. It is a valuable Sauce for all kind of
people living in Faisalabad. The standard of Grewia Sauce is quiet match
with the high level of Sauces

Design:Color of our Sauce is natural color of the fruit and we provide the Sauce
in a round conical bottle & pouch packs which looks like it.

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Packaging:Packing of Grewia Sauce it like

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Labeling:Label is quiet like this

Grewia
Sauce
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GREWIA SAUCE MARKETING PALN

Type of Product:Basically Grewia Sauce is a convenient good. Less buying effort is


required to purchase this product. It is our daily routine product which
will be available at general stores, Departmental stores, Edible market
stores, and super markets.

Competitive Review:If we make a close look to the Edible industry then see that a lot of
companies which facilitate the people by providing such types of
products. There are lot of big and small companies which compete each
other. Each and every of them want to defeat their competitors. For this
purpose they facilitate their customers more than others. Now the
problem is that we are launching a new product in the winter season.
Many of the companies launches their such types of products in the
winter season. It means these companies are as a hurdle for our Sauce.
For this purpose we made a strategy discussed later in the plan.

Our Key Competitors:In Edible market industry there are many companies which produce the
Sauces but all of them are not our key competitors. It is because they do
not produce the Sauce of our level. Now our key competitors are
Shezan Sauces`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.
National Sauces`.`.`.`.`.`.``.`.`.`

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Industry Competition:In Industry there is not only one firm or company who produce the Sauce.
It means there in no monopoly but there is perfect competition. Perfect
competition means that many firms and companies are working as the
competitors of each other.
Now if we see the competitors of Grewia Sauce then we see the name
(Shezan) first. Why the Shezan first? In answer to this question we can
say Shezan is the largest selling company of Sauces. We can see that
Shezan made many Sauces like Shezan Tomato, Garlic, Chili, and Mix.

On the other hand if we see the other types of companies like National
Sauces also made the good sale. These companies also produce like
National Sauces of Tomato, Garlic, Chili, and Mix.
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

It means we have to face lot of problems at the time of launching of


Grewia sauce. There is already much competition and we also be with
them in near future after introducing Grewia sauce.

Competitive analysis:The Competitive framework of Sauces and their companies is


Competitive
Company &
Brand Name

Shezan

Product
Name

Tomato

Garlic

Chili

Tomato
+Chili

Mixed

National
sauces

Tomato

Framwor
k
Category

Paste (sauce)

Paste (sauce)

Paste (sauce)

Paste (sauce)

Paste (sauce)

Paste (sauce)

Product
_Class

Jar and Balti

Jar and Balti

Jar and Balti

Jar and Balti

Jar and Balti

Jar and Balti

Size in
GM

Price in Rs

40

40

200

78

1000

350

40

40

200

78

1000

350

40

40

200

78

1000

350

40

40

200

78

1000

350

40

40

200

78

1000

350

40

35

200

65

1000

275

Overall
Market
Share
%47

%29

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Garlic

Chili

Mixed

Paste (sauce)

Paste (sauce)

Paste (sauce)

Jar and Balti

Jar and Balti

Jar and Balti

40

35

200

65

1000

275

40

35

200

65

1000

275

40

35

200

65

1000

275

Competitor`s Profile:Shezan International Limited


The Shezan International Limited was incorporated on May 30, 1964 as a
Private Limited Company. Shezan International Limited was conceived
as a joint venture by the Shahnawaz Group, Pakistan and Alliance
Industrial Development Corporation, U.S.A. in 1964. Shezan is the
largest food processing unit having developed and installed the capacity
to meet the country's local as well as export needs. In 1971, Shahnawaz
group purchased all the shares of Alliance Industrial Development
Corporation with the permission of the Government of Pakistan. In 198081 a separate unit was installed in Karachi which now caters for Karachi,
Sind and export demand.
A bottle filling plant was set in 1983 in Lahore, Punjab. An independent
Tetra Brik plant was commissioned in 1987.In the year 1990 it was
decided to install a juice factory at the Hattar in North West Frontier
Province of Pakistan. Shezan International's Head Office Located in
Lahore, Pakistan. In Canada, Target Foods, is the authorized distributor
for all Shezan Products. The items they are producing now a days are:
* Juices
* Sauces
* Pickles
* Chutneys
* Sauces
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


* Syrups
* Squashes

Distribution Review:Distribution means to distribute the product through different channels.


Extension is in the nature of every business. For extending a business we
use some channels to distribute the Grewia sauce. Mostly this cycle is
used for the distribution of the product.
Mostly companies changed their strategies day by day due to
development of distribution channels. These days all the well dressed
organizations adopted the distribution channels.

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


In Conclusion to this for a successful business we determine some
standards to make a very right decision. Not all, but some of them are as
follows
How far the customers are?
The type of product being transported
Lead time required..
Cost associated with transport
We have to select the most suitable distribution channel which will be
completely helpful for us against our competitors. As we already
discussed that first we launch our product in Faisalabad, after that we will
be in other big cities of Pakistan. Our distribution channels in Faisalabad
are Distributers, Wholesalers, than retailers. We will make the easy access
of Grewia Sauce in the Super Markets, Super Stores, Departmental
Stores, Edible market Stores, and General Stores. We mainly focuses on
the retailers because they are the only people which deliver our product to
the final consumers. If we have the strong parties (Retailers) then we can
easily achieve our objectives

Marketing channels:These are known as the set of independent organizations involved in the
process of making a product or service available for the use or
consumption. These channels perform the work of moving the goods
from Manufacturer to the final consumer. It is the only way through
which we can provide the goods to the final consumer at the right time
and right place according to the needs, wants, and demands of general
public. Mostly these channels perform the functions like
They collect the information about the potential and current
customers, competitors, and other acts, facts, forces of the
marketing environment.
They develop the disseminate persuasive communication to
stimulate the purchasing.
They place an order to the company.
They provide best place for storage and movement of physical
products.
They evaluate and clarify the customer`s needs, wants, and
demands properly.
In conclusion to all these actions we can say that they perform their
self as a platform on which all the work activities are handled between
the customers and manufacturers
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GREWIA SAUCE MARKETING PALN

Channel Levels:-

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

It is a two-level channel, we will have our own distributors which are


suppose to deliver the Grewia Sauce to the wholesaler as well as the
retailer.

Distribution Situation:We will use two channels for distribution of Grewia Sauce

Retail outlets (Indirect channel)


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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Sale Promotion officers (Direct Channel)


Retail Outlets (indirect channel):We will target many big retail outlets which will provide Grewia Sauce to
the consumers. 80% of Grewia Sauce sales would be through indirect
channels

Sale Promotion officers (Direct Channel):We will distribute Grewia Sauce to the Edible market related
instaurations like Government offices, Universities, Collages, Edible
market stores, Departmental stores, and even up the Medical stores. 50%
of Grewia Sauce sales would be through direct channel.

Distribution Outlets:We use the distribution outlets to increase the distribution of Grewia
Sauce in the remaining untapped retail outlets.

Sales Force:Our company will arrange 15 sales promotional officers who will be
responsible to the direct sales in the institutions, colleges, and Edible
market stores etc

Sales Promotion Team:Actually we develop a team of 40 sales promotional officers, which will
completely be responsible for the direct sales. Each of them will be
responsible for promoting Grewia Sauce at the assigned locality.

Distribution and Warehousing:There will be 25 authorized distributers of Grewia sauce. Each of them
having 10 to 15 warehouses to store the Grewia Sauce. Company have its
own network of Rickshaws, which easily deliver the Grewia Sauce to the
retailers

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

S.W.O.T Analysis:With the help of S.W.O.T Analysis we know the strength, Weakness,
Opportunities, and threats of Grewia sauce.

Strength:The strength of Grewia Sauce is as follows


Grewia Sauce is spicy with natural taste
No preserving chemicals that effect health
Give 8 hour energy
It is a time saving product
Skilled and trustworthy workers

Weakness:Some weaknesses of Grewia Sauceare given below


We have less resource as compared to our competitors
We have not strong brand image
We have not strong distribution channels
We have less market share value as compared to or competitors
Pricing Pressure squeeze the profit of Grewia Sauce in the 1st
year
We have less budget as compared to our competitors
We have less technical resorces

Opportunities:There are also some opportunities for Grewia sauce


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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


There in no any product in the market having the features of
Grewia sauce
It is an innovative product in the market
People will appriciate such type of product

Threats:There also are some threats for Grewia sauce


National sauce is willing to work on this product and Shezan has
strong brand image. Due to this national sauce can capture our
market share
National sauce has more resources than us. If National sauce
entered in the market with this product before us than it will be
very difficult for us to enter in the market with the same product...
Due to less resources it is very difficult to give awareness of
Grewia Sauce to the customer
If we have to do all this perfectly than we have to made a huge
promotion

Suggestions for Weaknesses and threats:24

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


First of all the company has to reduce its weaknesses and then
move on to the threats .There are some suggestions or some
positive or negative to reduce the burden of weaknesses and
threats. These ideas or suggestions are
First the company has to create a brand and then focus on it
by advertise more and more to get the best positioning level in the
minds of the general public. If company create a strong brand
image then it is very easy to remove the weak point
In second company have to made strong relations with the
distribution channels. If the company does so then all the hurdles
are removed which suppose the cause of reduction of sales. For this
purpose company have to give margins by giving bonuses,
incentives, and gift hampers. The company have to give packages
to them such as if they made a sale of Grewia Sauce of 500 units
then they will get 75 units free. It means to give them 1000 units
and charge the price of 950
3rd things are threats that our competitors are strong. They have
strong brand image. The company has to make the Quality level,
Design, Packaging, and label of Grewia Sauce same like its
competitors. We do not mean to same like that but there will be a
slight difference. Such like the design of jar have a very light
difference, Packaging is of same color, and label is with the same
text type.
If the company does so then it can easily get the best positioning level
in the mind of consumer. By following these three suggestions the
company can easily remove the big problems that it will face in the
near future

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Objectives and
Issues:Every Company has objectives and issues regarding their product.
Different companies have different objectives like some companies want
to increase their sale, some want to maximize their profits, and some want
to increase their market share value etc
We also have some objectives and issues according to our product. For
this purpose we made a three year strategy in which we define our
objectives clearly. Our objectives are divided into market terms. These
objectives are

Objectives:Market Objectives:1st year Objectives:In 1st year we want to capture 20% market share value. For this purpose
we have to promote our sales. Our satiations made forecasting and says
that we will capture the required level of market share after promoting the
sales volume.

2nd year objectives:We will capture the 35% of market share value of Edible market industry
in the 2nd year. For this purpose we will launch 1 new product having
same brand. We will follow this strategy if we get 20% share value of
Edible market in the 1st year otherwise we will change our strategy. We
will start work on it after launching Grewia sauce.

3rd year objectives:We want to capture 45% of Edible market share value in 3rd year. It is
compulsory for us to increase our sales by launching new products in the
same brand, to capture the required level of market share.
In 3rd year we will completely change our strategy. We will launch a
Grewia Jam in the winter season. It might be the best way to achieve the
required level of market share
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Sales Objectives:As we already discussed in the market objectives that we will increase
sales year to year. We cannot tell perfectly that how much sales could be
made within our strategic year but our target is 15 millions

Profit Objectives:We are committed to earn 25% profit on sales in 1st year. For this purpose
we will reduce our cost and maximized our profit
Our company will commit to attain our objectives and goals in defined
time period. All the objectives and goals are supposed to be a great
challenge for us and we will accept all of them. For the achievement of
these goals and objectives we have to face some key issues which
are

Key Issues:Market Competition


There is a sound competition in Grewia Sauce market. It is very difficult
to entre into the market with a new product in this lot of competition
between Shezan, and National Sauces. It is a great issue for us.

Sound Brand Images of Our Competitors:Each and everyone know about our competitor`s brand. People have lot
of awareness of their brands. Another great issue for us is that they have

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GREWIA SAUCE MARKETING PALN


strong brand image as compared to Grewia sauce. It means we have to
face a lot of problems while entering in the market.

Heavy Promotion of Competitors:Our competitors already made heavy promotion of their brands and
products. To compete our competitors we have to make a heavy
promotion otherwise we fail to achieve our objectives.

Permanent Customers:Our competitors already have lot of customers. Those customers who
believe in our competitors and a good position in their mind. It is because
our competitors provide them the things that they want.
Suppose some people believe in Shezan that it is used for health and also
Pakistan`s no.1 Sauce. It has its permanent customers and it is very
difficult for us to create a better sketch in the minds of those customers
about Grewia Sauce.

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Marketing Strategy:Our marketing strategy is based on these three elements

Segmentation...
Targeting.....
Positioning..
These three elements are defined in detail below

Segmentation:We segmented the market on the following basis


Evaluating Market Segments:Segment Size and Growth:Segment Structural Attractiveness:Company Objective and Resources:Level Of Competition:Substitute Product:Power Of Buyers:Power Of Suppliers:-

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Evaluating Market Segments:First of al we must evaluate the various segments and we will decide
how many and which segment we can serve best. Here we evaluate
target market segments.

Segment Size and Growth:Before selecting any target market first we will evaluate segment size
and growth. We will first collect and analyze on current segment sales,
growth rates, and expected profit from segment. We will be interested
in that segment which have right size growth.

Segment Structural Attractiveness:We also need to examine major structural factors that affect long run
segment attractiveness. A segment may be less attractive if it already
contains many strong and aggressive competitors. The existence of
many actual or potential substitute products may limit prices and
profit that can be earned from that segment. The relative power of
buyers also affects attractiveness.

Company Objectives and Resources:After evaluating segment size, growth and attractiveness we will
evaluate company objectives and resources. Some attractive segments
may be dismissed quickly because they did not match with company
long run objectives or company may lack of skills and resources
needed to succeed in attractive segment. We will access that our
objective may fulfill in this segment or not. Our resources will meet
the requirements of the segment or not.
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Level of Competition:. We will evaluate the level of competition in the segment.


Competition may be less or more in the segment. There may be pure
competition, monopolistic competition, oligopolistic competition, or
pure monopoly in the segment.

Substitute Products:We will evaluate the substitute products in the market regarding our
product. There may be some substitute products in the segment which
affect the demand of our product.

Power of Buyers:We will also evaluate the power of buyers in the segment. We will also
access the per capita income of our buyers rather they can purchase our
products or not.

Powerful Suppliers:In this we will evaluate the suppliers in segment that they are powerful or
not.

Targeting:After evaluating different segments, now we will must decide which and
how segments we will target.

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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


A target market will consist of buyers who share common needs or
characteristics that we will decide to serve.

Undifferentiated Marketing:We will not select undifferentiated marketing because we will not enter in
the market with one offer for all customers. In undifferentiated marketing
the difficulties arises in developing a product or brand that will satisfy all
consumers. The companies which select mass marketing often face
trouble competing with more focused firms that do a better job of
satisfying the needs of specific segment and niches. Due to this we will
not select undifferentiated or Mass marketing.

Differentiated Marketing:Using differentiated marketing strategy we will decide to target several


market segments and designs separate offer for each.
By offering product and marketing variations to segments, we will hope
for higher sales and a stronger position within each segment. We will
develop stronger position within several segments which will create more
total sales than undifferentiated marketing across all segments. We will
satisfy the needs of each segment according to their requirements and
wants.
In differentiated marketing the cost of business also increases. It is so
much expensive to produce goods according to need of an individual
segment. The promotion costs also increases to give aware about product
to segments separately. But we are committed to achieve our market
objective and especially we want customer satisfaction. For this purpose
we will select differentiated marketing.
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Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN

Concentrated Marketing:We will not select concentrated marketing because we have so enough
resources to meet the needs of an individual segment. Through selecting
concentrated marketing segment we will not achieve our objectives.

Local Marketing:We also select Local Marketing to satisfy the needs and wants of local
customers groups, cities, neighborhoods, and even specific stores. We
will do Local Marketing with differentiated marketing.

Considerations when Choosing Target Market Strategy.


Considerations include: Company Resources
The degree of product variability
Product life cycle stage
Market variability
Competitors marketing strategies

Choosing a Differentiation and Positioning


Strategy:Differentiation Tools:33

Sir Farooq Jamal

GREWIA SAUCE MARKETING PALN


Differentiation is a set of meaningful differences to distinguish the
company offering from competitors offerings. Our brand will be a
specialized Industry for the Edible market products items with the state of
the art technology. It has huge plant for processing and manufacturing the
Edible market products like Sauce, Our brand will emphasize on the
following tools:

1. Product Differentiation:Form:Our product is totally a Sauce which is used for Breakfast and bread. In
our promotion we will focus on product differentiation. Through our
promotion we will tell our customers main differences of our product
from our competitors. We have a Sauce in the market which is a multi
purpose Sauce.

Features:Already discussed on page # 10

Performance Quality:We made the best quality product its because it is a new product and also
for getting more and more response, and to gain the best level of goodwill
in Faisalabad and Pakistan. It is a valuable Sauce for all kind of people
living in Faisalabad. The standard of Grewia Sauce is quiet match with
the high level of Sauces

Durability:It gives 8 hrs energy to your body.

2. Service Differentiation:Easily Available:Grewia Sauce is easily available in the whole market of Faisalabad first.
After that we will provide it in the other cities of Pakistan.
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Customer Consulting:We will arrange a customer consulting program which will be telecast on
some well known TV channel. Through this program we consult with our
customer and ask some questions regarding our product. We will try to
solve the problems of our customers.

3. Personnel Differentiation:Companies can gain strong competitive advantage through having better
trained people. Our Brand will have an edge over its competitors in the
personnel differentiation because its personnel have competence to serve
its customers, are friendly, respectful with its customers. The personnel
performance is credible because of their commitment with the customer.

4. Channel Differentiation:To serve the customers at the priority level, our brand will have8
distributors and 18 sales promotion Officers in Faisalabad. They are well
expertise, and have batter coverage than others. Same like this we will
arrange sound distribution channel in other cities like Karachi, Multan
and Islamabad. We create differentiation in our product through our
channel .

5. Image Differentiation:Our company will be a national company, and will have batter image in
all over Pakistan due to its performance and is so far the only Edible
market company in Pakistan to get ISO 9002 Certification - a Quality
Management System. While adhering to this Quality Management
System, the company is committed to strict quality standards in all its
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operations. With existing products success in the market and increasing
demand of its products day by day its image is increasing. Due to its
distinctive services and distribution channel its image is different from
the existing products. And through launching this innovative product the
image will be differentiate from its competitors.

Positioning Statements:Save your moments and enjoy your moments


Make your life so easy and comfortable
Make your life quick and fast

Level of Positioning:Basically there are three level of positioning through which we will
position our products in the customers minds. For positioning of our
product we will use these three levels.
1- Positioning by Attributes
2- Positioning by Benefits
3- Positioning by Values
Positioning by Attributes:We will position our product on the basis of attributes and features of our
product. We will focus on attributes and features of Grewia Sauce which
it contains. Through our positioning we will try to set and fix the features
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of Grewia Sauce in the minds of our customers. In positioning we will
focus more on the features and attributes of our product.

Positioning by Benefits:We will also focus on the benefits of the product when we will position
our product. Through positioning we will tell our customers how many
benefits they can get from our product. Our product has main benefit that
it is a multi purpose product which we will target in positioning of our
product.

Positioning by Values:We will also position our product on the basis of customer values. Like
this, If you want to look Halthy than use Grewia sauce.

Reason:Our product lies in FMCG category; due to this our main focus will be on
two levels, Attributes and Benefits. For FMCG, these two levels are very
beneficial. We will talk on values but little bit, because in FMCG
category value is not concerned more. FMCG category is lying in
convenient goods, in this type of goods values have not so enough weight
age. Values are mostly concerned in shopping goods and special goods.
So due to this our main focus will be on two levels Positioning by
Attributes and Positioning by Benefits.

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PRICING:Price is amount of money which we will charge from our customers in


return.

Factors to consider when setting price:During setting the price we will consider these factors.
1-Internal Factors
2-External factors

Internal Factors:During setting the price we will first consider internal factors, like
Marketing objectives
Marketing mix strategies
Cost
Organizational consideration

Marketing Objectives:When we will set the price of our product then from internal factors we
will consider the following factors.
Survival
Current profit maximization
Market share leadership
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Product quality leadership

Marketing Mix Strategies:We will carefully coordinate price with other marketing mix elements.
We will use target costing to support product positioning strategies based
on price.

Cost:During setting the price we will access the cost, variable cost, fixed cost
and total cost.

Organizational Consideration:We will create price setting department which will set the prices.

External Factors:After considering the internal factors we will access the some external
factors as,
1-Nature of market and demand
2-Competitive costs, prices and offers
3-Other environmental elements

Nature of market and demand:Before setting the price we will access the nature of market and demand.
We will assess that which type of market is existing. Rather there is pure
competition, Monopolistic competition, Oligopolistic competition or Pure
monopoly. After accessing these types of market then we will set our
price.
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Competitors cost, prices and offers:We will also access the cost per unit, prices and offers of our competitors.
We will access the pricing strategies of our competitors. We will access
that what is per unit cost of our competitors and what prices they are
charging from customers. We will also access the competitors offers
related to price. After accessing these factors we will set our price.

Other Environmental Elements:Before setting the price we will access the economic condition of
Pakistan. We will also access the inflation rate in Pakistan. We will also
access the market condition like boom, recovery or recession.
We will evaluate the Govt restrictions regarding price.

Pricing Approach:Value Based Pricing:We will choose value base pricing, we will charge fairly low price for a
high offering. Value pricing says that the price should represent a highvalue offer to consumers. Value based pricing uses buyers perception of
value, not the seller cost as the key to pricing.
We will set its target price based on the customer perceptions of the
product value. The targeted value and price then drive decisions about
product and what cost can be incurred. As a result, pricing begins with
analyzing consumer needs and value perceptions, and price is set to
match consumer perceived value.

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Value pricing is not a matter of simply setting lower prices on ones
products compared to competitors. A matter of re-engineering the
companys operations to become a low- cost producer without sacrificing
quality, and lowering prices significantly to attract a large number of
value-conscious customers.
Reason
During the past decades, marketers have noted a fundamental shift in
consumer attitude toward price and quality. Many companies have
changed their pricing approaches to bring them into line with changing
economic conditions and consumer price perceptions. More and more
marketers have adopted value based pricing strategies, offering the just
right combination of quality and good service at fair price. Due to this
changing economic environment we will choose Value Based Pricing.

Break Even:It is the point where we will cover our total revenue and our total cost in
terms of units and volume. It can be verified by the following formula
Break Even Volume = Fixed Cost / Price Variable Cost
We will struggle to get our break even point to cover our cost in terms of
units and sales.

Our Prices schedule

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Name of Product

Quantity in GM

Price in Rs

Grewia sauce

60

21 Rs

Grewia sauce

300

105 Rs

Grewia sauce

1000

349 Rs

Grewia sauce

2600

529 Rs

Pricing Objectives:There are many general pricing objectives which include survival, current
profit maximization, market share leadership, product quality leadership
and relationship building. From these objectives we will select two
pricing objectives which are very clear
1-Market Share Leadership
2-Product Quality Leadership

Market Share Leadership


Within this price we want to capture great market share. Our product
price is reasonable. It is not too much expensive. People of middle class
easily afford its price. We set such normal price of our product because
we want to capture market share. Through this price we will capture the
market share.

Product Quality Leadership:We believe in quality as well as in quantity. Within this price we will
make sure the quality of our product. We will not compromise with
quality. Our product is quality based product. We will charge from our
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customers by giving them superior quality. In the market we are assured
to get product quality leadership

Reason:Reason is that we have marketing objectives of first three years. In this


objective we mention that we want to capture high market share in first
three years. So we select the market share leadership objective.
We select the product quality leadership because we are promised to give
quality, satisfaction and value to our customer.

Distribution Strategy:Extensive Distribution:We will make extensive distribution of our product in Faisalabad like. We
will target only metropolitan areas of these Faisalabad. We will distribute
our product only in the urban areas. We will not target the rural areas of
the Faisalabad. We will distribute our product to supermarkets, Edible
market Stores, Departmental stores, and General Stores etc

Reason:The reason is that in start we will make extensive distribution because we


will increase our distribution with the passage of time .As people will get
awareness about our product and as the demand of Grewia Sauce will
increase we will increase its distribution area. We also want to know the
response of people about it. In start we have fewer resources due to this
we also select extensive distribution channel.

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MANAGING ADVERTISING AND SALES


PROMOTION:DEVELOPING AND MANAGING ADVERTISING
PROGRAM:Ads are cost effective way to disseminate message, whether to build
brand preference or to educate people. Most companies use an outside
agency to help create advertising campaigns and select and purchase
media. Our company will contract with some agencies to develop
advertising campaign for Grewia sauce. These companies will guide us
what should be the next move and also giving them feedback regarding
the market and competitors. We will contract with these three advertising
Agencies.

Star Advertising Agency


Asian Advertising Agency
Asiatic Advertising Agency

Advertising Objectives:Advertising objectives can be classified according to whether their aim is


to inform, persuade, or remind.

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Selecting Specific Vehicles:The media planner will search for the most cost effective, dominant, and
frequent vehicles within each chosen media type. The planner will have
to rely on media measurement service that will provide estimate of
audience size, composition, and media cost. Our Company is a customer
oriented company; its aim is to serve maximum number of customers. For
advertising its products we will chose advertising vehicles that are cost
effective, covering large number of audience.
Electronic Media:The electronic media will be only Radio and Television. In Radio
vehicles we will advertise in FM 100, FM 101, FM 99, FM 103 and
Radio Pakistan. In Television vehicle will be PTV, PTV World, Geo
Television (Cable), Express News and at ARY Gold (Cable).
Print Media:The print media will Newspapers (Front Quarter page), i.e. Jang, The
News, Dawn, and Magazines (Quarter page) i.e. Akhbar-e-Jehan, Family
magazine, Khwateen Digest, Sunday magazine.

Deciding on Media Timing:We will have to advertise Grewia Sauce on TV 3 times in a day and
almost 5 days a week in first three months. The ad will go on air in the
prime time broadcasting like Drama hours; it will also be advertise daily
in the mid break of KHARBANAMA. Instant Tea Pack will also be
advertised in the sports matches like Cricket Matches which are very
keenly seen in our community.

Advertising Budget:-

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In this advance age, business cannot be successfully done without
advertisement and promotion. Advertisement and promotion are life
blood of an organization. So to make our business quite successful we
will have to make advertisement and promotion. So for this purpose we
want too much budget.

Reason:We have selected these tools because these are essential for advertisement
and promotion. These are the basic tool for the advertisement. All our
competitors are using this tool for their advertisement and promotion.
These tools are directly affect on behave of customers. Customers mostly
communicate with these media channels. These tools are the source
where customers get information about new different products which are
introducing in the market.

Web site
Our website include brief introduction of our product its features and
complete information about the packaging and distribution channel.
www.grewia.com.pk

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Action Program:Here we are showing the action plan which will guide us in performing
our activities.
Actiities

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

April May

Launch
Grewia sauce
promotion
Sale office
Sponsor
sports

Explanation:47

Sir Farooq Jamal

June

July

GREWIA SAUCE MARKETING PALN


After making the plan of Grewia sauce, we will make its Action program
that how we will perform our activities. In Action Program we will
implement our marketing strategies. We will assign duties to each
employee regarding his specialization. Sales Department will enter in the
market to get orders. Promotional team will start its work of promotion.
Our top management will handle each department. Our main Head office
will be in Faisalabad, our CEO,s office will be in Faisalabad. Our
Directors will handle our Regional Managers.

Launching Time:We will launch Grewia Sauce in the winter season.

Promotion:We will promote our product before launching and we will promote it
whole the year.

Sale Office:Our sale office already be open before launching Grewia Sauce and will
work through out the year. Our sale officers will visit the market and will
introduce our product in the market before launching in the market. They
will collect orders from market and will provide them supply.

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Budgeting:Budgets:Expected Income Statement


Fresh and cool.
Expected Income Statement
For the period

PARTICULARS

Rs

Rs

SALES expected

30,000,000

LESS: sales return allowances

22,50,000

Sales discount

6, 60,000

Net sales

27090000

Less Cost of merchandise sold

18150000

Gross profit

8940000
Operating expenses
Selling expenses /Market expenses

Sale salaries expense

55000

Advertising expenses

200000

Depreciation expenses

50000

Store supplies expenses

40000
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Total selling expenses

345000

Administrative expenses
Office Salaries Expenses

550000

Rent Expenses

55000

Insurance Expenses

97500

Desperation Office equip

70800

Office supplies expenses

55000

Total administrative expenses

828300

Income from operations

__1173300_
1799500

Other income
RENT income

75000

Interest received

50000
NET Income

125000
19245400

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Milestones:Mile Stone

Start date

End Date

Budget

Marketing

01/02/2010

12/04/2010

Plan

Manager
Khurram

Department
Marketing

Shahzad

completion
Website

04/02/2010

12/03/2010

Amir Abbas

completion
Advertising

Marketing

Khan
03/02/2010

12/0405/2010

25000

Campaign1

Shahzad

Marketing

Hasan and
M.Zubair

Advertising

25/02/2010

20/07/2010

30000

campaign2
Retail

Outside

Marketing

firm
01/02/2010

15/08/2010

Channel

Shahzad

Marketing

Hasan

Total

55,000

References

Sir Farooq Sauceal


Philip Kotler

(G.C University Faisalabad)


(Principle Of Marketing)
Journal of Marketing
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Journal of Advertisement
Mickinsey Quarterly
Websites:

www.mickinsey.com

www.wikipedia.com

www.Nestle. Com

www. Haleeb.com

www.Angrofoods.com

Survey from different people

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