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Product:
Price:
Place:
Promotion:
Patanjali has considered advertising for its products as a high priority for driving
sales. The promotion and branding in Patanjali marketing mix utilises all media
channels like print, TV, online ads, billboards etc. Patanjali's brand ambassador is
yoga guru Ramdev Baba, who has a staggering fan following, which enabled the
brand to catapult in the big league within a short span. The advertisements of
Patanjali has been aggressive where they have showcased the importance of
using natural and ayurvedic ways of making products. Their advertisements have
also been under scrutiny as they have alleged that its competitors have been
using harmful products. Patanjali advertisements showcase their entire product
range targeting the audience who want a healthy lifestyle by using naturally
curated products. The massive advertising exercise by Patanjali has made it one
of the fastest growing FMCG companies in India, with annual revenues in excess
of INR 5000 crores. Hence this gives an overview on the marketing mix of
Patanjali Ayurved FMCG company.
About Patanjali:
Patanjali Ayurved is one the fastest growing FMCG companies in India, which
focuses on food, healthcare and medicinal products. Patanjali is founded by
Indian yoga guru Baba Ramdev and Acharya Balkrishna in 2006 with the aim of
promoting ayurvedic products amongst consumers. With annual revenues
exceeding INR 5000 crore, Patanjali had become one of the largest consumer
goods company in India. Patanjali Ayurved has also initiated its expansion by
dealership partnerships and distributor channels across India and abroad.
Product:
Hindustan Unilever (HUL) is one of the leading FMCG companies in India. Its
parent company is the globally known Unilever. The HUL product portfolio has
been mostly into 4 categories that are food and drinks, home care, personal care
and water purifiers.
The entire product range across categories in the HUL marketing mix is
discussed as follows. In the food and drinks segment HUL has Kwality Walls,
Cornetto and Magnum in the ice creams category. In the tea category HUL has
Lipton and under the brand name Brooke Bond it has Taaza, 3 Roses, Red Label
and Taj Mahal. In the coffee category Hindustan Unilever has the brand BRU.
Under the brand name Annapurna it sells Salt and Atta. It also sells its instant
food making products and spices under the brand Knorr with noodles, soup,
snacking and spices. It also Kissan which is in the jam, squashes and ketchup
segments.
In the home care category HUL have detergents under which we have the
famous Surf Excel, Rin, Comfort, Wheel, and Sunlight. Also they have Cif and
Domex in the home cleaning segment and dishwashing segment we have Vim
and Cif.
In the personal care Hindustan Unilever have Clear, Tresemme, Clinic Plus and
Sunsilk for specifically in the shampoo segment. But there are also Dove, Lux and
Pears which provide various cosmetic product for homes. The Vaseline is in skin
care category. The Lifebuoy is in the hand wash and toilet soap segment. HUL
also has Axe which has various grooming products and Brylcreem styling
products for men. The Fair & Lovely, Ponds, Lakme and Breeze are specific
product targeted at the women for beauty and skin care. There are also products
offered by HUL which are for professional beauty care such as TONI & GUY,
aviance and TIGI In the toothpaste segment we have Pepsodent and Close up. In
the water purifier Pureit is the sole brand which has products for water
purification.
Price:
Hindustan Unilever (HUL) is one of the leading company, offering many products
and hence a wide price range. Since HUL is a market leader in almost all the
segment it is present in it keeps a very competitive price for all the products as
the competition is quite stiff in the segments and as the customer in segment
are looking for value for money products. As the company tries to reach the
maximum number of customers in all income segment HUL produces products
with different packages and hence very different prices although the quality
remains the same. Hindustan Unilever also has various professional product for
which it follows premium pricing strategy for example TONI & GUY is very
premium priced as compared to Lakm. When HUL comes up with new products
it comes up with bundling strategy where in it packs a small sample to the main
product although the product is either in the same category or with the same
brand name. This gives an insight of how HUL prices its products in its marketing
mix.
Place:
HUL has a very wide outreach into many deep pockets of the country. Hindustan
Unilever has 6.4 million outlets across the country out of which 2 million are the
retail outlets. HUL also has 30 factories across the country which are further
connected to more than 2700 stockists which again then reach the retail outlets
which are the convenience stores and the super markets. This shows the strong
place & distribution marketing mix strategy of HUL. To reach the rural sector HUL
has various rural distributors which then forward to the rural sub stockists to the
rural retailers. With the coming up of Carry and Forward agencies it has been
able to reach many deep pockets of the country with a significant cost reduction.
Apart from the regular distribution channel HUL also employs multi-level
marketing to reach to customers requiring professional beauty products.
Promotion:
Hindustan Unilever (HUL) has been heavily investing in the brand promotions as
it needs them mostly for brand recall and many a times for introducing new
brands. Therefore Hindustan Unilever primarily uses aggressive promotion and
advertising its marketing mix. The advertisements of HUL brands are in the form
of television commercials, newspaper ads or any other magazines and as well as
with the online presence as well. Most of the times these campaigns are targeted
by telling stories to build relations rather than to sell them directly. HUL also has
tied up with many celebrities such as Shahrukh Khan, Kareena Kapoor, Kajol,
Varun Dhawan as well as with the professional hair stylist Jawed Habib.
Hindustan Unilever also participates in tons of CSR activities such as the famous
project Shakti to empower rural women, Sanjivani a mobile service camp, water
conservation projects and many more. HUL also time and again organizes
various campaigns to create awareness among the viewers and improve health
and well being. Hence, this concludes the HUL marketing mix.
Marketing Mix of Heinz analyses the brand/company which covers 4Ps (Product,
Price, Place, Promotion) and explains the business & marketing strategies of
Heinz.
Product:
Image: pixabay
Price:
Heinz follows competitive pricing strategy, keeping in mind the target consumer.
The pricing decisions are taken into consideration to adjust to economic
conditions and observing consumer habits. Heinz ketchup continues to perform
better with increased market share in recent times. Heinz global market share in
snacks had decreased over the years but lately it has stabilised. To increase sales
Heinz had also produced bottles with upside down shape and started promoting
their large size bottles at major retail outlets. Hence, this gives and overview in
the marketing mix pricing strategy of Heinz. It faces competition from Kissan,
Nestle in sauce category hence the pricing is decided based on the competitors
move.
Place:
Promotion:
About Heinz:
The H.J. Heinz Company was founded by Henry John Heinz in 1869 and is
headquartered in Pittsburgh, Pennsylvania. Heinzis an American food processing
company and is considered a global leader in food and nutrition. It is also the
fifth largest food and beverage company in the world. It has its presence in more
than 40 countries across the world. Major brands include Kraft, Heinz, ABC,
Classico, Capri Sun, Kool Aid, Maxwell House and many more. The major brands
in India includes Heinz Tomato Ketchup, Nycil, Complan, Glucon D, Sampriti, Craft
Cheese. The company has its values imbibed in the following context i.e.
Consumer First, Innovation, Integrity, Ownership and Quality. Mr. Bernardo Hees
is the chief executive officer. Heinz was ranked number 1 in Ketchup in US that
had a market share of over 50%. Its international presence includes in countries
like United States, Australia, Canada, India, Indonesia, Netherlands, United
Kingdom and China.
Marketing Mix of Baskin Robbins analyses the brand/company which covers 4Ps
(Product, Price, Place, Promotion) and explains the business & marketing
strategies of Baskin Robbins.
Product:
Ice Creams : These Baskin Robbins ice creams are classified as Favorite,Timeless
and Divine.Favorites include Almond Praline Gold,Banana Caramel,Black
Currant,Butterscotch Ribbon,Chocolate,Coffee,Fruit Overload,Mango Honey Nut
Crunch,Mississippi Mud,Papaya,Rum Punch.Timeless includes splish splash,cotton
candy vanilla.Divine included Bavarian chocolate,Belgian Bliss,Chocolate mousse
royale,Coffee almond fudge,Mint Milk Chocolate, Litchi Gold,etc.
Image: flickr-photos/63122283@N06/
Price:
Baskin Robbins offers premium products at high quality and hence the pricing
strategy used is premium. Baskin Robbins followed promotional pricing and
psychological pricing strategies at times i.e not rounding off to nearest digit. It
introduced low price candies. They decided to offer bulk discounts instead of
lowering individual product prices to maintain competitive edge and their
premium status. Sometimes Baskin Robbins offer weekly coupons depending on
the new seasonal arrivals. In USA they were originally priced around $6.50 but
they have marked up the price now but offer discount on multiple purchase such
as 2 for $8.99. This gives an overview on the pricing strategy in the marketing
mix of Baskin Robbins.
Place:
Baskin Robbins first outlet was opened in Glendale in California, USA. Since
1970, Baskin Robbins decided to expand their outlets across countries and now
there are approximately 7300 outlets across 50 countries including India. Baskin
Robbins follow franchising policy where it provides licence to the franchise owner
to do business and provide assistance in organising and managing the franchisee
according to standards with all respect.Hence the places are selected based on
consumer behaviour at their own will with maximum footfall. Baskin Robbins is
spread across 150 cities and 600+ stores
Promotion:
Baskin Robbins is the largest ice cream speciality store chain. Baskin Robbins is
based in Canton, Massachusetts. Baskin Robbins emerged as a firm by merging
two of the respective parlours of Burt Baskin and Irv Robbins in Glendale,
California. In India, Baskin Robbins started its first store in Mumbai. First
manufacturing plant was opened in Pune in 1993.Baskin & Robbins is known for
its characteristic strategy of new flavour each day of the month. It is one of the
largest ice-cream retail chain in the world. With some finest people from
hospitality industry, Baskin Robbins has turned into worlds most loved ice cream
brand. It is almost 100% franchised.
Marketing Mix of Infosys analyses the brand/company which covers 4Ps (Product,
Price, Place, Promotion) and explains the business & marketing strategies of
Infosys.
Product:
Price:
Infosys has a diverse service and solutions offerings and the pricing is dependent
on factors like client, geography, industry, forex and the solutions sought by the
companies. Infosys enjoys the benefit of lower labour cost in India while high skill
set as with the surge in the number of engineers produced each year India was
on a high all through 2000s. Infosys rode on this high tide to hire cheaper high
skilled labour. Infosys faces immense competition. Main aim of Infosys to enter
into more and more diverse industries. Therefore, Infosys follows a penetrating
pricing strategy which means that it offers the services at a low price while
ensuring precision and quality of the services.
Place:
Infosys has a presence in over 50 countries and has more than 1000+ strong
global clients. Infosys being the largest IT company of India, it is present in USA
and Europe as well. All these show how the place strategy in its marketing mix
has enabled the company to become a global brand. Besides, it has offices on
China, Germany, Sweden, Australia and Belgium. Other than offices it also has
training and development centres, sales and marketing offices in many other
locations to ensure seamless performance of the company. The scale of
operations of Infosys is worldwide, in fact it is the biggest employer of H-1B visa
holders in the USA. Infosys is all set to grow its existence in Germany.
Promotion:
Since this is a service marketing brand, here are the other three Ps to make it the
7Ps marketing mix of Infosys.
People:
Infosys is one of the top recruiters in India in the IT and consulting sector.
Employees at Infosys are required to possess the following qualities for business
solutions consultancy:
Advisory skills
Business skills
Communication skills
Management skills
Infosys employs 200,000 employees which serve globally. With the big data,
cloud and analytics boom I software industry, Infosys is looking forward to hire
around two thousand and one hundred more employees. They will be hired in US
to help deal with increase in skill demand and improve global presence as well.
Process:
Physical Evidence:
The biggest physical evidence of Infosys are its company campuses which are
presence all across the world. Some of the presence which the brand has are:
Infosys won Corporate Citizen of the Year Award by the Economic Times
Award 2015
Pune and Bangalore buildings were awarded the Leadership in Energy and
Environment Design (LEED)
Apart from this, the physical presence of the company are highlighted by
innovative initiatives like Infosys foundation, Infosys Labs, Academic Entente and
an annual prizes for scientists & researchers called Infosys Prize. All these
complete the marketing mix of Infosys company.
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Product:
Dominos is one of the leading global pizza outlets. The product line of Dominos is
mainly concentrated on various kinds of pizzas which are customized with
respect to the local markets. In America the most popular offered by Dominos is
the pepperoni pizza. In other places it ranges from a lot of vegan pizzas to other
non-vegetarian pizzas. The size of the bases has a lot of variety and are of
various types. A variety dips, sauces and toppings are also included. Dominos
pizza can be customized as per the preference of the customer. It also contains a
variety of pastas both of non-vegetarian and vegetarian types. Apart from pizza
breads there are other flavoured breads on the menu. The side items offered by
Dominos also include chicken wings, bacon and other flavoured chicken dishes.
All these are the main product mix in the pizza brands marketing mix. The
dishes are also accompanied with drinks for which it has tied up with Coca Cola
and sell all the soft beverages and major juices made by Coca Cola.
In India the Dominos menu also majorly consists of various types of pizzas,
chicken crusts, flavoured breads, pastas, side dishes ranging from dips, desserts,
chicken items and subwiches, burger pizzas, mousse cake, choice of toppings.
The soft beverages and other drinks again are tied up with Coca Cola.
Price:
Dominos has got a very competitive pricing for its pizzas. Since Dominos has two
major competitors which are almost equally or even more spreaded than it is it
has to keep competitive prices. The prices are differentially done with three sizes
available and the non-vegetarian pizzas being charged relatively higher. Also the
pricing of pizzas and other eatables in its marketing mix is so done that the
segment one size is catering to does not overlap with the other. Also as we go on
customizing the charges are on the basis of part added to the pizza. The side
dishes do not have choices and are priced at one price. The beverages sold by
Dominos are quite higher than that of normally sold at the general market
because of the convenience.
Place:
Promotion:
Since this is a service marketing brand, here are the other three Ps to make it the
7Ps marketing mix of Dominos.
People:
Dominos staff is very much trained although there is not much scope of
innovation to do in the customer service as they have to meet minimum
standards. The Dominos employees undergo training as per the training manual
and according to the guidelines provided by the dedicated learning and
development team. Employees are also encouraged to provide ideas for
improvement through the classroom training and other developmental tools. The
innovations are supported through rewards under various schemes. There is also
a stringent feedback system which is linked to the performance system and
hence makes the employees accountable for their actions and behaviour on the
workplace. It also supports various certifications and other external development
programs. Also the employees up to the higher management wear the uniform of
Dominos which shows the equality and strong values it maintains in the
organization.
Process:
The Dominos restaurant has two methods of service that is order at the
restaurant and order online which could be taken away or delivered at home.
Both these processes in its marketing mix are its service offering backbone. As it
guarantees thirty minutes delivery Dominos prioritizes the home deliveries first
as they need to be prepared quickly and then taken over by the delivery boy to
be delivered. The Dominos restaurant deliveries are also done on a token basis
which determines the queue number and customers can collect their pizzas after
they have paid for their orders. In the restaurants they have to choose from the
menu at the many counters which are at the front end of the kitchen from a
menu being displayed in front of them. After the order being placed immediate
payment is made after which they wait for being served. The Dominos
restaurants also has a cleaning staff which regularly maintains the hygiene of the
restaurant. In the online deliveries there is the pizza tracker system where you
can track your order phase from order taking till the delivery reaches home. The
customers can also give the feedback directly to the attendees.
Physical Evidence:
Dominos biggest physical evidence is its attractive family outlets. The customer
receives the hot pizza in a specialized covering which flashes the promotions and
Dominos logo. The size of the packaging differs with the size of the orders and all
individual items are generally packed separately. The employees have to be in
their typical attire consisting of the Dominos T-shirt and cap and also with
minimum level of conduct. The payments are made through cash or card in
restaurants and for online orders there are variety of payment methods include
cash, card and mobile payments. The Dominos customer support is also online
during the restaurant working hours for taking telephonic order as well as
address to the customer grievances. The customer support is available through
website or phone with their countrywide unique number. Hence, this concludes
the Dominos marketing mix.
About Dominos:
Dominos Pizza is a restaurant chain based in America founded in 1960. Dominos
has its headquarters in Michigan, U.S.A. and serves worldwide across 82
countries. Dominos is the second largest pizza chain in the world and sells on an
average more than 1.5 million pizzas per day. It focuses on local markets through
a large chain of franchise owners. Dominos has a revenue of around $2.2 billion
and net income of around $ 400 million. It is one of the top companies which has
maximum number of its ordering happening through online. Dominos major
competitors globally are Papa Johns and Pizza Hut. It has an employee base of
260000 and is headed by CEO J. Patrick Doyle.