GROUP MEMBERS: ANURAG MISHRA - B13013 CHANDAN KESHARWANI - B13020 MAHIMA JHUNJHUNWALA - B13031 MOHD. UMAIR ATHAR - B13035.

Slides:



Advertisements
Similar presentations
Developing a Marketing Strategy & the Benefits
Advertisements

UNIT C The Business of Fashion
Developing a foundational knowledge of PRICING to understand its role in marketing Unit 4 Objective 4.07.
ENTREPRENEURSHIP I.  A competitive advantage is an advantage over competitors’ gained by offering consumers greater value, either by means of lower prices.
Micromax Presented by: Arbind Kumar Pankaj Kumar Singh Punit Kishore
Objectives Be able to define the three steps of target marketing: market segmentation, target marketing, and market positioning. Understand the major.
Learning Goals Learn the three steps of target marketing, market segmentation, target marketing, and market positioning Understand the major bases for.
Marketing Research Ch. 28 ME. Marketing Information Systems Section 28.1.
Definition Market Segmentation:
MARKETING MICROWAVE OVENS TO A NEW MARKET SEGMENT
THE 4 PS OF MARKETING BDP301. THE MARKETING MIX Every marketing plan needs a target market and a good mixture of marketing elements. The right mixture.
The Marketing Mix. Marketing Mix Most famous phrase in marketing Sometimes known as the ‘Four Ps' The marketing mix consists of price, place, product.
The marketing concept THE CUSTOMER PROMOTION Market analysis
BRAND DOSSIER ON DETTOL SOAP Presented By:  Masarrat Yasmeen  Sagar Kumar  Vineet Sagar  Zeeshan Ali Mirza.
Customer-Driven Marketing
3.02 Understand buying behaviors.
Business Strategy and Policy Lecture Recap Forward Integration Forward integration involves gaining ownership or increased control over distributors.
Compiled by: Gul Sayyar, ACCA-UK
MARKETING MARKETING ENT 12.
Product Planning.  Product Planning  Decisions about the features and services of the product  Ideas that will help sell the product  Packaging /
ENTREPRENEURSHIP I.  A competitive advantage is an advantage over competitors’ gained by offering consumers greater value, either by means of lower prices.
Chapter 30 product planning Section 30.1 Product Development
Market Segmentation: Art or Science? Zeenat Jabbar THE IBC STRATEGY: PART III.
8 Identifying Market Segments and Targets
The Product Development Process BMI3C. Why? Product development starts with an idea that is based on solving a problem for the consumer. To solve this.
1 Business and Marketing Strategies
Irwin/McGraw-Hill Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 1-1.
Chapter 12 1 Understanding the Customer Prepared by Norm Althouse University of Calgary Prepared by Norm Althouse University of Calgary Copyright © 2011.
Segmentation, Targeting and Positioning. Divide a market into separate groups.
The Marketing Concept Marketing Mix. What is “The Marketing Concept”? Satisfy customers’ needs and wants Make a profit.
Chapter 11 Marketing Process and Consumer Behavior: Selected topics Prepared By Mostafa Kamel.
Section 30.2 Sustaining Product Sales
Key terms & New product development
The Product Life Cycle The stages. Extension Strategies  There are many ways in which an org can prolong a product’s life cycle.  They can change the.
Presented By: Amjad Hussain (B13008) Anirban Kramakar (B13010) Manish Kumar Pandey (B13032) Neha Singh (B13038) LIFEBUOY.
1 Business-Level Strategy. 2 Business-level strategy: an integrated and coordinated set of commitments and actions the firm uses to gain a competitive.
Marketing Mini Lesson for IA.
Customer-Driven Marketing Strategy: Creating Value for Target Customers 7 Principles of Marketing.
Chapter 7- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Seven Customer-Driven Marketing Strategy Creating Value.
The Role of IMC in the Marketing Process Pertemuan 13 & 14 Mata kuliah: INTEGRATED MARKETING COMMUNICATION Tahun : 2009/2010.
Section 30.1 Product Development Chapter 30 product planning Section 30.2 Sustaining Product Sales.
Essentials of Marketing Research Kumar, Aaker, Day Chapter One A Decision Making Perspective on Marketing Research.
Market Segmentation and Target Marketing. Marketers rarely go after the entire market with one product, brand, or service. Why?
CHAPTER 13 MARKETING in TODAY’S WORLD The Basics of Marketing Market A market is a group of customers who share common wants and needs, and who have.
* * Chapter Thirteen Marketing: Helping Buyers Buy Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
Or the 4 Ps of marketing.  The marketing mix or 4 Ps of marketing: ◦ Price ◦ Product ◦ Promotion ◦ Place  Decisions about these are based on the results.
Producing and Marketing Goods and Services Chapter 8.
MARKETING STRATEGY OF LAKME INDIA
1 MARKETING ENT What is Marketing? Marketing Activities directing the flow of goods and services from producer to consumer or user. Marketing consists.
MKT 498 EDU The learning interface/mkt498edudotcom.
U.3-MARKET SEGMENTATION. What is a Market? PEOPLE BUT - not just ANY people, they have to have Willingness to buy Purchasing power (money) Authority to.
MKT 498 ASSIST Education Expert/mkt498assist.com FOR MORE CLASSES VISIT
MKT 498 TUTORIALS Innovative Education MKT 498 Entire Course FOR MORE CLASSES VISIT MKT 498 Week 1 Individual Assignment Purpose.
Chapter 30 product planning Section 30.1 Product Development
New Product Development
MARKETING MARKETING ENT 12.
MARKETING MANAGEMENT Identifying Market Segments and Selecting Target Markets, Positioning & Differentiating the Market Offering through the Product Life.
CHAPTER 10 CRAFTING THE BRAND POSITIONING
Segmentation, Targeting, and Positioning
Product Life Cycle Products have a limited life.
MKT 498 Education for Service-- snaptutorial.com.
MKT 498 EDU Lessons in Excellence-- mkt498edu.com.
MKT 498 Teaching Effectively-- snaptutorial.com
MKT 498 EDU Education for Service-- mkt498edu.com.
MKT 498 Education for Service-- tutorialrank.com
Instructor: Safaa S. Y. Dalloul
Developing and Managing Products
4.07 Develop a foundational knowledge of PRICING to understand its role in marketing.
Principles of Marketing
Key terms & New product development
Presentation transcript:

GROUP MEMBERS: ANURAG MISHRA - B13013 CHANDAN KESHARWANI - B13020 MAHIMA JHUNJHUNWALA - B13031 MOHD. UMAIR ATHAR - B13035

Early History & Evolution Positioning and Repositioning Advertising & Sales Promotion Segmentation Product Analysis & Competitor Distribution & Marketing Strategy Recommendations Hypothesis Data Analysis Tools Sampling Plan & Sample Size Summary & Net Take Away

Company History –  1938 Earl S tupper established tupperware  1946 designed, renowned air tight lid and products  1948 First home party for Tupperware was conducted  1950’s Tupperware's sales and popularity increased  And set up manufacturing units in 14 countries Tupperware in India –  1996, started it operations from New Delhi.  Appointed 15 distributors in the 1st 12 months  aunched 11 products in India,  Direct selling and party plan both was implemented

1942 – Tupperware launched “ The Bell Tumbler “ and “ The Wonderlier Bowl “ 1946 – Tupperware introduced air-tight seals called Tupperseal 1948 – The first Tupperware Home Party was held Then, Tupperware launched its Microwave safe containers Recently, Tupperware has entered into water purifying segment

Premier Brand Target high class market segment USP is quality and innovation

Launched products for Middle Income Groups Launched food preparation Utensils and Cutlery Launched products for School and Office goers Launched Microwave Safe containers Entered into Water Purifier Segment

Advertising –  Direct Selling  Through Parties Sales Promotion –  Encouraging Women

Geographic Segmentation Demographic Segmentation –  Life Cycle Stage  Age  Income Lifestyle Segmentation

Aquasafe Canisters Dry Storage Food Preparation Freezer Lunch ‘n’ Outdoor Fridge Smart Microwave Refrigerator Serving

Generic Competitor –  Polystyrene containers  Glass utensils  Aluminium and Steel utensils  Wooden Utensils Other Competitor –  Pearl pet  Cell  Milton  Signoraware  Local Brand

Party Plan Direct Selling Method -  Three Tier Structure with Compensation i.Dealer – 25% commission on sales ii.Manger – Profit on sales iii.Distributor – Profit on entire distribution process.

Focus on Core Business World Class Quality for Indian Products Product Shape Modification Customized Product Localized Production

Target Lower Segment Expand its Distribution Channel Expand its Advertising Strategy

Tupperware is a substitute of Traditional Containers used in Indian Household  It offers unique benefits that traditional containers do not Tupperware is used in household because consumer feel it is of good quality  Tupperware’s USP lies in its quality and innovation. Diversification of Tupperware into water purifier segment is catering to the need of customer  Tupper Sure which is a water purifier that runs without electricity and comes with a life time warranty like all its other products.

Information required to be collated: Whether the consumers are willing to substitute Tupperware in place of their traditional storage containers? Whether the consumers perceive Tupperware products to be of Best Quality? Whether consumers are willing to accept Tupper Sure as their next water purifier?

Instruments of Data Collection  Questionnaire Method Close-end questions Open-end questions  Telephonic survey Data Analysis Tools  Pie Chart  Histogram  Likert Scale

Sampling Plan –  Females  Age group (Married Women)  Women using at least some plastic containers  West Bengal Area Sample Size –  30

Q1A) What type of storage containers among these do you use in your kitchen? Note: The above add to more than 100% as it is a multiple choice question

Q1B) For only the categories you have selected. Imagine that you have 10 storage containers in your house, how would you divide this 10 into the categories selected? Note: The above add to more than 100% as it is a multiple choice question

Q2) Thinking of the storage containers in your kitchen, what do you expect to happen in 2 yrs from today.

Q3A) Which Brand comes to your mind when you think of Plastic storage containers? Note: The above add to more than 100% as it is a multiple choice question

Q3B) Which Brand among these have you used? Note: The above add to more than 100% as it is a multiple choice question

Q3C) For the categories selected in the above questions. Imagine that you have 10 storage containers in your house, how would you divide this 10 into the categories selected? Note: The above add to more than 100% as it is a multiple choice question

Correlation between the Number of Plastic Storage Containers and the Number of Tupperware Storage Containers. (Refer Q1B and Q3C) Correlation Column 1Column 2 Column 11 Column

Q4) Rate the following brands on the basis of the attributes given below. (5 being the highest and 1 being the lowest) Note: The above add to more than 100% as it is a multiple choice question

Q4) Rate the following brands on the basis of the attributes given below. (5 being the highest and 1 being the lowest) Note: The above add to more than 100% as it is a multiple choice question

Q4) Rate the following brands on the basis of the attributes given below. (5 being the highest and 1 being the lowest) Note: The above add to more than 100% as it is a multiple choice question

Q4) Rate the following brands on the basis of the attributes given below. (5 being the highest and 1 being the lowest) Note: The above add to more than 100% as it is a multiple choice question

Q5) When I say “Life time Warranty”, which of the following brands would you select?

Q6) In future if Tupperware comes out with other product, which of these would you want to use?

Q7) Answer only if you have selected 'Water Purifier' in the question above: If you are thinking of buying a Water Purifier, would you go for Tupper Sure: a Water Purifier by Tupperware? Note: The above add to more than 100% as it is a multiple choice question

Potential of replacing Traditional storage containers used in Indian households Purchased by consumers because of its superior quality New product Tupper Sure is a logical extension Market share of Tupperware is expected to rise Should enter into newer segments of the market Should launch cheaper products for price sensitive customers