Manager Mix and The Four P's, Marketing goals and Social Media Marketing by Jamie Fletcher
four P's of Marketing
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Transcript of four P's of Marketing
ASSIGNMENTOF
MARKETINGMANAGEMENT
ON
SUBMITTED TO: SUBMITTED BY: Ms. Reeti Agarwal Animesh Agarwal Akriti Mehrotra Ankur Dutt Shagufta Arif (Sec.D)
PROFILE
The cola industry has phenomenal possibilities for rocketing profit growth
inspite of the sign of relief heaved by the manufacture at the abrupt
sensational termination of coca cola monopoly the tastes of cola is by no
means extinguished the coca. Cola have a status symbol to it..., generated by
the sub standard, penetrated, advertising and extensive distribution network.
Total soft drink segment is growing at the rate of 10% per year still if
international standard area considered the per capita consumption of three
serving in rock bottom, less than even our neighbors Pakistan and
Bangladesh, where it is four more as much. So with kind of a market
potential coke entered in India in 1991 after the permissions of setting up
Britico Food company to coke was granted by the government in Pune in
1992 the plant was established for is deducted then the bottle are taken out
of the line and cleaned again or reject.
The most important step is the mixing of drink concentrate dissolved in
the soft water the sugar syrup at the same time. Carbon dioxide is passed in
the drink to produce a fizz.
After the crowing of the bottle the crown contains the manufacturing data
batch number and Time. After crowing the bottle, the bottle comes again at
checking screen for checking the bottle.
THE PRESENT POSITION OF COKE IN INDIA
Coke is a households name and is the lips of every one. In present time
every person know the name of coca cola since India is one of biggest
market and sultry summer from march the end of October and huge
population has immensely helped in the sales the sales of coke in India and
its making it more economical.
Last years, the market share of Coca Cola was not specific. In this year
company’s top management adopted new policy and increased the rate of all
brands of coke. By this decision top management determined the rate of 300
ml / 10Rs. And the brand of 200 ml determines the rate of this brand 7Rs.
By which medium size family and lower level family can be taken the enjoy
of coke. By this decision company’s marketing share has been increased.In
present time coke is captured approximate 60% market share in cold Dinks
line. Now coke has defeated all the soft drinks company. According to
service and according to advertising coke has appropriate position.It has now
emerged as the winner and has a good image in the market.
Four P’s Of Marketing
Product Price Place Promotion
PRODUCT
Product mix of Coca-Cola consists of the various brand packs and
flavors given in the table. Product strategy of the Coca-Cola is to promote all
the brands available in all the brands packs and to introduce the product in
new flavors and. even new product. Regarding this Kinley soda is
introduced. Fanta in green apple flavor is also introduced.
COKE BRANDS IN INDIAN ORIGIN
COCA-COLA:
Developed in a brass pot in 1886, Coca-Cola is the most
recognized and admired trademark around the globe. Not
to mention the best selling soft drink in the world.
SPRITE:
In 1961, a citrus-flavored drink made its U.S. debut, using
"Sprite Boy" as inspiration for its name. This elf with silver
hair and a big smile was used in 1940s advertising for
Coca-Cola. Sprite is now the fastest growing major soft
drink in the U.S., and the world's most popular lemon-lime soft drink.
FANTA:
The name "Fanta" was first registered as a trademark in
Germany in 1941, when it was used for a few years for a
soft drink created from available materials and flavors.
The name was then revived in 1955 in Naples, Italy, when it was used for the
"Fanta" orange drink we know today. It is now the trademark name for a line of
flavored drinks sold around the world.
DIET COKE:
The extension of the Coca-Cola name began in 1982 with
the introduction of diet Coke (also called Coca-Cola light
in some countries). Diet coke quickly became the number-
one selling low-calorie soft drink in the world.
VANILA:
It is an Ice Cream in taste Launched in 2004.
LIMCA:
This is thirst-quenching beverage features a fresh and
light lemon-lime taste and a lighthearted attitude. The
Limca brand was introduced in 1971 and acquired by the
Coca-Cola Company in 1993.
MAAZA :
Maaza, launched in 1984 and acquired by The Coca-Cola
Company in 1993, is a non carbonated mango soft drink
with a rich, juicy m natural mango taste.
THUMPS UP :
In 1993, The Coca-Cola Company acquired this brand,
which was originally introduced in 1977. Its strong and
fizzy taste makes it unique carbonated Indian Cola.
KINLEY WATER:
This is thirst-quenching beverage features fresh the fresh
water with the saturated oxygen level.
SUNFILL:
This is thirst-quenching beverage features a fresh and
light orange taste and a lighthearted attitude.
Product Range:
Flavour Ingredients Pack Product Company
Cola Cola Flavour
carbonated water
sugar
200Ml.
300Ml.
500Ml.
1.5 Litre
2 Litre
Coke,
Thumsup
Pepsi
Coca-Coal
Pepsi
Orange Orange Flavour +
Carbonated Water+
Sugar
200Ml.
300Ml.
500Ml.
1.5 Litre
2 Litre
Fanta
Mirinda
Coca-Cola
Pepsi
Fruit Juice Mango Pulp+
Treated water+
sugar
250 ML Maaza
Slice
Coca-Cola
Pepsi
Cloudy
Lemon
Lemon Flavor +
Carbonated Water+
200Ml. Limca Coca-Cola
Sugar 300Ml.
500Ml.
1.5 Litre
2 Litre Mirinda Lemon Pepsi
Clear Lemon Lemon Flavour+
Carbonated Water
+ Sugar
200Ml.
300Ml.
500Ml.
1.5 Litre
2 Litre
Sprite
7’Up
Dew
Coca-Cola
Pepsi
PRICE
Regarding the Pricing Policy we are not able to have the information
regarding the cost of the product and prices in the other origin but we have
the prices at which the products available in the market below:
All the soft drinks product of the company except MAZZA will have the
same prices on all the different sizes;
ON 200ML:
The prices of the bottle available in the market is Rs.9
ON 250 ML:
The price of the bottle is Rs.10 and this bottle is available for MAZZA only.
ON 300ML:
The prices of the bottle available in the market is Rs.11
ON 600ML:
The prices of the bottle available in the market is Rs.22 and it can be for soft
drinks except MAZZA
ON 1lt. Pack:
The prices of this pack available in the market is Rs.35 , MAAZA is of
Rs.40 and KINLEY water bottle is of Rs.12
ON 2lt. Pack:
The prices of this pack available in the market are Rs.55 and MAAZA is of
Rs.70.
10% discount have been given in the big retail outlets only in case of
1lt. and 2lt. pack. Regarding the allowances which are not fixed and can be
changed time to time.
PLACE
The Coca-Cola Company in India is governed from its corporate office
located at Gurgaon in Haryana. It governs the working of five zones
covering whole India these zones are: - Northern zone, Eastern zone,
Western zone, Southern zone and Andhra Pradesh zone. These zones are
divided in to various, plants, which govern the area assigned to them. The
areas are the various distribution centers called distributors and C&F agents.
Then comes the retailers/customer for the company's product, they receive
goods from distributors and C&F agents. Finally consumer is there, having
the product from the customer's shops or delivered to their home, it is more
clearly visible through this chart. The Coca-Cola Company, which gave its
reach to the mouth of billions of people all around the world having a wide
distribution, network. In India, the pace and speed at which Coca-Cola has
widened its business is really amazing. Distribution network is the biggest
strength of the company.
In India, there are over 5 million retail outlets dispersed all over the
country. The retailing industry provides employment to over 18mn people. 1 out
of every 25 families in India is engaged in the business of retailing. Ownership
and management are predominantly family controlled. However in sharp contrast
to developed countries, unit average size of a retail outlet in India is very small.
Organized retailing, however, has been a recent phenomenon and is
relatively undeveloped. There are no large super market chains/ shopping malls.
Consumers are unwilling to pay a premium for convenience shopping as their
counterparts in the western countries do. While small chain stores called Apna
Bazaars and Sahakan Bhandaars, which offer products at reasonable prices,
have been fairly popular, Department Stores and Food Stores are slowly gaining
popularity. A large number of corporates have recently ventured into retailing.
The retail outlet in India can be broadly categorized as follows:
- Grocery stores
- General purpose stores
- Food stores
- Pan bidi shops
- Chemist/ drug stores
- Cold chains
The relative share of grocers dropped from over 50% in the early 90's to 35% in
the late 90's. Chemist outlets on the other hand, have been expanding their
product range to include high margin FMCG products from shampoos to ketchup.
Pan-wallas are also emerging as full fledged consumer product outlets.
COMPOSITION OF URBAN OUTLETS
Grocers 34.7%
Cosmetic stores 4.0%
Chemist 6.3%
Food Stores 6.6%
General Stores 14.4%
Pan – stores 17.0%
Others 17.0%
COMPOSITION OF RURAL OUTLETS
Grocers 55.6%
Cosmetic stores 13.5%
Chemist 3.3%
Others 27.6%
DISTRIBUTION :
Marketing or Distribution channel refers to the set of marketing
intermediaries which manufacturer's link together to reach their products to the
ultimate consumers. Depending on the product, nature of market and
manufacturers' resources/strategy, there can be one or more links between the
manufacturer and consumer.
Manufacturer – Retailers
Manufacturer - Wholesalers – Retailers
Manufacturer - Stockists - Wholesalers - Retailers.
PROMOTION
This part of the marketing is playing a very vital and important role in the
current situation in India. Looking at the competition and promotion and
advertising budget of both the companies coca cola and Pepsi, one can easily
estimate the importance of this. The promotion mix of Coca-Cola is divided in to
Top line promotion includes the promotion designed and done by the
company's corporate office of Gurgaon and the office of Bombay TV ads, design
of banners, and other POS done by the company simultaneously all around India
with no Difference in designs etc. fall in this category. Below the line promotion
includes the promotion schemes, publicity material, POS display done by the
company from zonal, plant, sales manager and area sales manager level. . At the
sales manager and area sales manager level the promotion done exclusively for
the cities in their respective area and other POS display.
ADVERTISING AND PROMOTION :
Advertising consists of non-personal form of communications. The
communication is conducted through trade media under player sponsorships.
Advertising aims at providing information about the product arouse demand for
the product and emphasize on superior features of the advertised product over
others. Players have to decide on overall advertisement budget, message and
mode of presentation, type of media, timing etc. They invariably do post audit of
advertising efficacy.
Promotions are of two types viz. pull promotions where consumers are
incentivized and push promotion where dealers/ retailers are incentivized.
There are several forms of promotion such as distributing free samples, discount
coupons, gift offers for consumers and target based incentives and display
schemes etc for retailers. Marketers also sponsor charity programmes, sports etc
to promote corporate/ brand image.
SALES PROMTION
It is a logistics control process that applies situational understanding from
both the operational and logistical common operating pictures in order to
dynamically control and synchronize the flow of materiel through the distribution
pipelines, including retrograde and lateral distribution. The last part of the
definition - retrograde and lateral distribution - is critical to future success and is
often overlooked in distribution management schemes. Our ability to move
materiel in any direction through the pipelines provides an economy of effort that
actually becomes a force multiplier. In this manner, distribution management
becomes a key enabler of logistics transformation, by reducing materiel
requirements to only those that are needed and by leveraging stockage
positioning to reduce the total cost of sustainment.
It consists with:
Advanced Forecasting
Advanced Pricing
Advanced Stock Valuation
Agreement Management
Bulk Stock Valuation
Enterprise Facility
Planning Inventory Management
CONCLUSION
Cola-Cola adopt a good customer relationship management, it is focus on
the, segment of the product because each segment is affected by different sets
of factor which hamper or enhance sales. Each segment had its own Pros &
Cons. So we have to understand the various segment of soft drink industry that
which flavor is existing more in the market, Such as Thums-up strong brand of
coke which is more popular in young generation. I also observe about fate
dealer, sub dealer, monopoly counter & its marketing strategy. dealer is influence
wrong direction to the market. They are supply product at high margin with low
scheme.As we know till now since ill soft drink industry the concept of brand
loyalty is not in that shape in which it is in countries. So company could take
some steps to be to have a good report with the retailers why supply them
regularly and provide them with other monetary benefit.