a project on parag milk foods pvt. ltd. on ho-re-ca business
TRANSCRIPT
MARKET RESEARCH ON“PARAG MILK FOODS PVT.
LTD.” ON “HO-RE-CA” BUSINESS
PREPARED BY – AVINANDAN KARMAKAR JSB (R14-06-008)
INTRODUCTION
PARAG IN HYDERABAD:• Introduced before 3 years ago.• Become 6cr. turn over companyWithin 3 years.• Long range of products for HO-RE-CA.• Giving competition with otherNational & international diaryCompanies.
MARKET SHARE IN HO-RE-CA BUSINESS IN HYDERABAD:
OTHERS13%
AMUL50%
PARAG17%
BRI-TANNIA
3%
HER-ITAGE
4%
VIJAYA13%
MARKET SHARE
VIJAYAAMULPARAGBRITANNIAHERITAGEOTHERS
Market share of PARAG in East Hyderabad :
8%
20%
8%
19%17%
3%
2%
2%
17%
MARKET-SHARE
MILCHVIJAYAVIMALAMULPARAGBRITANNIATHIRUMALAJERSEYHERITAGEOTHERS
CONCLUSION REGARDING DATA ANALYSIS:
PARAG GROWING THEIR BUSINESS RAPIDLY INEFFICIENT CLIENT HANDLING CREATES
NEGATIVE IMPACT CURRENTLY HAS AROUND 17% SHARE & CAN
GROW THEIR BUSINESS 20-25% 60% NON-EXISTING CLIENTS ARE THERE FROM
WHICH 30% CLIENT CAN BE CONVERTED PRICING POLICY AND SUPPLY BETWEEN GT/MT &
INSTITUTION ONLY GIVING MORE FOCUS ON CHEESE WHILE
OTHER PRODUCTS REMAIN NEGLECTED
SWOT ANALYSIS:STRENGTH:QUALITYTASTEUHT TREATEDLOW FATNO ADDED PRESERVATIVESMAXIMUM SHELF LIFE100% COW MILK
WEAKNESS:LESS MANPOWERINEFEECTIVE SUPPLY CHAININTERRUPTION BETWEEN GT/MT & INSTITUTIONDIFFERENT OFFERINGS FOR GT /MT & INSTITUTIONPRICE SENSETIVE MARKET
OPPURTUNITY:LARGE MARKET, HUGE POSSIBILITYMORE PRODUCTION TO SUPPLY MORELARGE RANGEINTRODUCTION OF LASSI & ICE- CREAMPROMOTION FOR INCREASE IN MARKET SHARE
THREATS:LARGE NUMBERS OF COMPETITORS SAME RANGE OF PRODUCTS IN LOWER PRICEPRICE SENSETIVE MARKETSWITCH OVER OF OLD CLIENTS
RECOMMENDATION:
OFFERING SCHEMES, SPECIAL DISCOUNTSOFFERING ATTRACTIVE SCHEMES THAN RIVAL
COMPANIESCREATE BRAND IDENTITYPRODUCT DIFFERENTIATIONPROPER GUIDELINES FOR GT/MT & INSTITUTIONAVAILABILITY OF SAMPLESOPEN GO & GOWARDHAN OUTLETS FOR DIRECT
SELLINGNOT ONLY DEPEND UPON PUSH STRATEGY, USE
EFFCTIVE PULL STRATEGY
RECOMMENDATION:TARGET LOWER SEGMENT ALSOFOLLOW RIVALRY’S POLICIESPRODUCTION OF LOW RANGE PRODUCT
ALONG WITH THE HIGH END PRODUCTAVOID MISCOMMUNICATION