MARKETING MIX STRATEGIES OF BAKE PARLOR PASTA PRODUCTS

Slides:



Advertisements
Similar presentations
Strategic Planning and the Marketing Process
Advertisements

The Four Ps of Marketing
Chapter 30: Using the Marketing Mix Product. Elements of a successful product – Product Design Reliability Safety Convenience of use Fashion Aesthetic.
CONSUMER ATTITUDE PRESENTED TO MISS.DURIA HASAN PRESENTED BY TAQDEES TAHIR HUMA SIDDIQUI MUHAMMAD SHAHID.
Unit Eight Global Marketing. Unit 8 Vocabulary Consumer Market International Marketing Marketing Environment Marketing Plan Marketing Process Organizational.
Seminar Pemasaran Seminar Pemasaran Konsep Marketing.
Strategic Planning and the Marketing Process
Chapter Two Marketing Strategy: Where Marketing Really Begins
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 10 Understanding Marketing Processes and Consumer.
Marketing. Marketing is… … the strategy of bringing consumers and products together… …from product development to product delivery.
3.02 Understand buying behaviors.
Company and Marketing Strategy: Partnering to Build Customer Relationships 2 Principles of Marketing.
IDENTIFY AND MEET A MARKET NEED
Marketing: An Introduction Armstrong, Kotler
Discussion: How Can Disney Recover?
Company and marketing strategy: partning to build customer relationshp
How to Develop a Promotional Campaign What is a Promotional Campaign? A planned strategy on how to focus all elements of the promotional mix to accomplish.
Market Segmentation. "The marketer should stop thinking of his customers as part of some massively homogeneous market. He must start thinking of them.
Ms. Park. 1. Market Analysis 2. Market Selection 3. Marketing Mix.
Marketing: Real People, Real Choices, 4e Chapter 2.
Chapter 2 STRATEGIC PLANNING and the Marketing Process 2-1.
Marketing Plan Expanding the 4 P’s.
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 10 Understanding Marketing Processes and Consumer.
Marketing Indicator 1.04 – Employ marketing information to develop a marketing plan.
Market Research and the Competitive Advantage Understanding your Market What is Your Competitive Advantage?
Company and Marketing Strategy: Partnering to Build Customer Relationships CHAPTER 8.
Alexander Consulting Enterprise 10/15/2015 Strategic Planning.
Understanding Principles Of Marketing Pertemuan 09 Matakuliah: J Pengantar Bisnis Tahun: 2009.
© 2011 South-Western | Cengage Learning Global Marketing and Consumer Behavior Marketing Around the World The Marketing Mix and the Marketing.
© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON16-1 GOALS  Describe the nature of markets.  Identify trends that influence global marketing opportunities.
Marketing Plan Who Says There's No Free Lunch? Blue Homes Ltd.
Chapter 9 PowerPoint slides Express version Instructor name
Marketing Definition of Marketing (it’s not just selling) Marketing is… … the strategy of bringing consumers and products together… …from product development.
How to Develop a Promotional Campaign What is a Promotional Campaign? A planned strategy on how to focus all elements of the promotional mix to accomplish.
Defining markets and marketing environment Adapting to the new market economy.
Marketing Mini Lesson for IA.
CUSTOMER DRIVEN MARKETING STRATEGY: CREATING VALUE FOR TARGET CUSTOMERS.
Chapter 7- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Seven Customer-Driven Marketing Strategy Creating Value.
Remember marketing and fill in, please:
B121 Chapter 11 Marketing. It is concerned with exchange relationships. Transactional marketing – oriented towards single purchase Relationship Marketing.
Performance Analysis Lecture by Murad Rattani Oxford College of London.
Title Page (product) Team Members Class (Marketing Principles – Period) Date.
MaxClean Outline  Company Profile  SWOT Analysis  Corporate Marketing Strategy  Business Marketing Strategy  Strategic Marketing  Segmentation.
Marketing - Revision 1. Write down the 4Ps of the marketing mix; a.Place; explain what is meant by a distribution channel b.Price; define the following.
Journal Make a list of all extended family members (aunts, uncles, cousins, grandparents) and where they live as well as their ages, occupations (if applicable),
BUSINESS 1 Understanding Marketing Processes and Consumer Behavior.
Lesson 2 – Market Segmentation and Marketing Mix.
Salman Ahmed Qurraishi.  Advertising mean “to Communicate”  Advertising is defined as any “paid-for method of promotion”. Advertising is the main form.
Target Market - Review What is a market? ◦ People who share similar needs and wants and have the ability to purchase a given product are a market What.
An Industry is... A group of businesses that share similar business activities. Example: Sporting goods, clothing, travel, fashion.
Marketing September 16, Notes - Marketing Mix Marketing Mix Activity.
Lecture-8 MGT301 Principles of Marketing. Summary of Lecture-7.
Principles of Marketing Lecture-8. Summary of Lecture-7.
Company and Marketing Strategy Chapter Strategic Planning Strategic planning is defined as:  “The process of developing and maintaining a strategic.
Marketing Strategies Chapter 11.1 Market to Me!. Meeting Consumer Needs 0 Marketing: the process of planning, pricing, promoting, selling, and distributing.
Strategic Planning and the Marketing Process
Strategy Implementation and Control
Analysis (SWOT Analysis + Competitors Analysis)
MGT301 Principles of Marketing
How to write a Marketing Plan
3.02 Understand buying behaviors.
3.02 Understand buying behaviors.
Market Segmentation, Targeting and Positioning
This lesson you will… Be able to define some key terms in the Business Studies course Be able to explain how these key terms are applicable to a business.
Segmentation Targeting and Positioning
Marketing Plan: SnakPak
Chapter 10, Section 1 – Marketing Basics
Chapter 2 Game MC MC MC MC Short Answer
Principles of Marketing
Marketing.
Presentation transcript:

MARKETING MIX STRATEGIES OF BAKE PARLOR PASTA PRODUCTS PRESENTED TO DURIA HASAN PRESENTED BY TAQDEES TAHIR FURQAN MEKKI

INTRODUCTION TO COMPANY Rasul Group of industries inaugurated by Mian Ghulam Hasan in 1926. The brand name of Rasul Group of industries is BAKE PARLOR. The company has 3 factories at Karachi Kolson and Crispo are the main competitors.

INTRODUCTION OF PRODUCT Italy is called as the home of Pasta products Pasta products -Easy to cook Fun to eat Pasta products includes Macaroni, Spaghettis, Noodles and Lasagne Pasta product contribute 80% of sales.

MARKETING OBJECTIVES To able to capture the essence of success as a Global company. To be the first choice of every customer To focus on unique selling proposition To provide convenience

SEGMENTATION Psychographics Demographic Behavior Geographic

TARGET MARKET Income Class A and B House wives, teenagers Urban Areas People like to eat foreign foodstuff

MARKETING MIX STRATEGIES

PRODUCT Their product strategy is to provide convenience and variety to customer by offering different sizes and style .

Spaghetti Box Fancy Spaghetti Real Egg Noodles Lasagna Long Macaroni Box Macaroni Box Fancy Macaroni (Big Elbow) Fancy Macaroni (Longer) Fancy Macaroni (Ring) Fancy Macaroni (Screw) Fancy Macaroni (Werm) Fancy Macaroni (Shell)

MARKET GROWTH MATRIX MARKET SHARE HIGH LOW Star SPAGHETTI ? MACARONI MARKET GROWTH RATE Star SPAGHETTI ?   MACARONI Cash Cow VERMICELLI Dogs LASAGNE

PRICE Bake parlor adopted the Going Rate Pricing Strategy to compete with their competitors. They also keep revising prices according to economic conditions.

PLACE To cover the market forcefully and efficiently The company has its own transport system The company has engaged the services of around four hundred (400) well-established distributors from all over country

PROMOTION The company has developed its own marketing team Advertising --both to sell and to created awareness of its products in the market They use different promotional modes that are: ·        Magazines ·        Newspapers ·        Billboards ·        TV Advertisements ·        Cooking shows ·        Stalls in Exhibitions

CONCLUSION