Escolar Documentos
Profissional Documentos
Cultura Documentos
OF RURAL MARKETING ON
EVEREADY TORCHES
SUBMITTED BY SUBMITTED TO
MOHD ASHAD HITESH JHANJI Mr.
REFERENCE...........................................................................16
Ask any Indian consumer to name a Battery and the first brand that comes to mind is Eveready. Not just among batteries, Eveready is a powerful brand across categories. Eveready has a portfolio comprising dry cell batteries (carbon zinc batteries, rechargeable batteries and alkaline batteries), flashlights (torches), CFLs (Compact Fluorescent Lamps) and packet tea. Recently it has also forayed into the mosquito repellent industry. Evereadys strength is the result of a continuous and well-orchestrated brand development strategy that maximizes the value from each consumer touch-point. Is the iconic urban face of Eveready. The advertising by line of the popular Red series of batteries, it is today symbolic of the empowered urban lifestyle that the brand reflects. The original, path-breaking campaign won as many as 11 advertising awards. The current television commercial on Eveready Ultima, which has explored and demonstrated the technique of light painting (through the TVC) has been very well received and is a one of its kind commercial in the entire batteries segment.
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The unmatched consumer confidence is also reflected through the various accolades that the company has got over the years. Few highlights have been listed below:
In the Confederation of Indian Industry (CII)s Brand of the year 2005 shortlist, Eveready made the top ten finalists list, along with brands like Nokia, HP, Titan, Dabur and five other Hindustan Lever Brands As per AC Nielsen, Eveready stood 7th among all FMCG companies in terms of growth in the year 2004-2005. The Economic Times Brand Equity survey of Brands by Sales, April 2004, put Eveready at no. 22 across brands in all categories. Scores in the CII survey done by the independent brand consultancy Vertebrands, show Eveready scoring a near-perfect 99% total awareness among Target Consumers. As per Vertebrands survey, on a 10-point scale, Eveready scored 8 on popularity and 7.7 on contemporariness. Of all consumers surveyed, 41% called it The Only Brand for Me. In the AAUTS (Awareness,Attitude,Ushership Tracking Study ) conducted by AC Nielsen in the year 2007-2008 , Eveready emerged with a Brand Equity of 7.5 out of 10 and the nearest competitor came up with 3.7. The same study by AC Nielsen showed Eveready having 45% market share vis a vis its nearest competitor having 30% (2007-2008)
There are six different product mix of Eveready torches i. ii. iii. iv. v. DigiLED torches DigiLED plus Brass torches Aluminium and plastic torches Rechargeable torches
Eveready recently introduced a whole new category of torches. These torches use highly power efficient LEDs in place of the incandescent bulbs. The long life LEDs, the superior quality lens & the Eveready expertise put together give the consumers an excellent torch with a focused bright white beam of light. It also launched Rechargeable torch.
To develop a marketing mix plan for Eveready torch in Meghalaya state ( Urban and Rural )
Highest Point
Principal Languages Khasi, Garo and English Time zone IST (UTC+5:30)
BEFORE SET A MARKETING PLAN WE FIND THAT MEGHALAYA STATE IS A ABODE OF CLOUDS AND AVERAGE RAINFALL IS 1200 CM PER ANNUM AND TEMPERATURE IS 18-20 DEGREE CENTIGRATE AND HUMADITY IS VERY HIGH SO WE FIND THAT THERE ARE TWO TYPES OF TORCHES IN EVEREADY ONE IS METAL OR ALUMINIUM OND OTHER IS PLASTIC SO METAL IS VERY SENSITIVE RELATED TO WATER AND RUST AND INDIAN CONSUMER IS PRICE CONCIOUS AND THEY WANT TO LONG LIFE OF A PRODUCT SO WE SET A MARKETING PLAN TO KEEP THIS THING IN MIND SO WE WILL FOCUS ON PLASTIC TORCHES AND RECHARGEABLE TORCHES IN MEGHALAYA CITY AND VILLAGES THAT THEY WILL GIVE LONG LIFE IN CASE OF HUMADITY ENVIRONMENT. AT THE SAME TIME WE REQUIRED ALL INFORMATION BEFORE SET A MARKETING MIX PLAN LIKE COMMUNICATION COMPETITOR DISTRIBUTION CHANNEL AND PESTL INFORMATION ABOUT THE CITY AND VILLAGES OF MEGHALAYA STATE.
Price The price is the amount a customer pays for the product. The business may
increase or decrease the price of product if other stores have the same product. Place Place represents the location where a product can be purchased. It is often referred to as the distribution channel. It can include any physical store as well as virtual stores on the Internet. Promotion represents all of the communications that a marketer may use in the marketplace. Promotion has four distinct elements: advertising, public relations,
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personal selling and sales promotion. A certain amount of crossover occurs when promotion uses the four principal elements together, which is common in film promotion. Advertising covers any communication that is paid for, from cinema commercials, radio and Internet adverts through print media and billboards. Public relations are where the communication is not directly paid for and includes press releases, sponsorship deals, exhibitions, conferences, seminars or trade fairs and events. Word of mouth is any apparently informal communication about the product by ordinary individuals, satisfied customers or people specifically engaged to create word of mouth momentum. Sales staff often plays an important role in word of mouth and Public Relations (see Product above). Any organization, before introducing its products or services into the market; conducts a market survey. The sequence of all 'P's as above is very much important in every stage of product life cycle Introduction, Growth, Maturity and Decline.
People: All people involved with consumption of a service are important. For
example workers, management, consumers etc. It also defines the market segmentation, mainly demographic segmentation. It addresses particular class of people for whom the product or service is made available. Process: Procedure, mechanism and flow of activities by which services are used. Also the 'Procedure' how the product will reach the end user. Physical Evidence: The marketing strategy should include effectively communicating their satisfaction to potential customers.
the consumers or citizens.a commodity can also be described as an raw material such as; oil,metal ores and wheat, the price of these tend to change on a daily basis, due to the demand and supply of these commodities. 2. Cost:(Original meaning of Latin: Constare= It makes sacrifices)producing cost, selling cost, purchasing cost and social cost. 3. Channel:(Original meaning is a Canal)Flow of commodity : marketing channels.
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4.
(C1): Corporation and competitor : The core of 4Cs is corporation and organization, while the core of 4Ps is customers who are the targets for attacks or defenses. (C2) : Commodity, (C3) : Cost, (C4) : Channel, (C5) : Communication (C6) : Consumer (Needle of compass to Consumer)
The factors related to customers can be explained by the first character of four directions marked on the compass model: N = Needs, W = Wants, S = Security and E = Education (consumer education).
1. Affordability: Here Affordability does not mean that cheaper products should me made
and marketed, the meaning is to reach the customer by satisfying their needs. The designing of the product should match the needs of the customer. The Customer should not think that they cannot buy it, that means it should be in their buying capacity. The income earned in rural markets is from different ways , so by keeping this in mind most of the companies should design the product in such a way that it reaches the customer.
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2. Availability
: The greatest problem in the rural market is to reach the customer or retailer. Its the logistics way to make the product available there . Once it reaches the retailers shelf then there will not be any problem. This is because there will be lesser number of brands available at market and the Influence or image/ Relationship of the retailer makes the difference. The companies should work out to reach the customer in time. Most of the products are promoted well but by the time it reaches the customer it gets late. So reaching the market should be considered.
3. Awareness: The Awareness program should be in such a manner that it should reach the
customers mindset. The main way of reaching the customer is through the commercials on media like TV, Radio and Outdoor . The awareness programs should be conducted at the area ( Junction) where the village heads meet or in other way the meeting place at the villages. The awareness program should be in such a way that it should contain some message to the audience, there should be some concern for them and their place. The promotional activities should be good in the local language. Apart from this there are some things which the company should think of, such as Colour of the product, Packaging , logo and slogan so on. This should be in such a way that by looking at the product only the customer should feel that they can go for that , and they should be in such a position to differentiate the product form the copy cat one.
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And in different category of these product mix so here are more than 50 model of torches in Eveready. Some different model of Eveready torches
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Price The price is the amount a customer pays for the product. The business may
increase or decrease the price of product if other stores have the same product. If talk about price in Eveready price range is Rs. 90 to Rs.525 so this price show that it can afford any customer Rs. 90 is very low and price conscious customer can afford this price and it price is very good against the competitor and other price range is 90, 100, 130, 150, 170, 195, 225, 250, 260, 270, ( 290 rechargeable) 310, 525
Place Place represents the location where a product can be purchased. It is often
referred to as the distribution channel. It can include any physical store as well as virtual stores on the Internet.
Eveready has a wide distribution network all over the country with 15 branches, 40 godowns and 4,000 distributors. Our products are available at grocery, general provision, music, electrical, hardware, stationery, gift /novelty stores, at the chemists shops and at photo
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studios and printing centres. So much so, that many of our products are even available at the paan and cigarette shops. According to AC Nielsen, Eveready batteries are available in 3.3 million outlets out of a total universe of 7.3 million FMCG outlets. The distribution structure extends coverage out to 5000-population villages. The company employs a strong sales force so that they can operate the extensive sales network successfully.
Promotion represents all of the communications that we use for Eveready torches
in the marketplace through four distinct elements: advertising, public relations, personal selling and sales promotion. A certain amount of crossover occurs when promotion uses the four principal elements together, which is common in film promotion. Advertising covers any communication that is paid for, from cinema commercials, radio and Internet adverts through print media and billboards. Public relations are where the communication is not directly paid for and includes press releases, sponsorship deals, exhibitions, conferences, seminars or trade fairs and events. Word of mouth is any apparently informal communication about the product by ordinary individuals, satisfied customers or people specifically engaged to create word of mouth momentum. Sales staff often plays an important role in word of mouth and Public Relations (see Product above).
IN RURAL AREA we specially use different promotion technique like natak nautanki drama and we promote our product in haats mela and in mandi also where we find rural consumer.
People: All people involved with consumption of a product and service are
important. For example workers, management, consumers etc. It also defines the market segmentation, mainly demographic segmentation. It addresses particular class of people for whom the product or service is made available. So our target consumer is rural and urban people and we find that in Meghalaya state there are 7 districts and more than 100 villages so we segment the market at the base of geographic and demographic if talk about demographic it is related to price and product and Eveready have different product category and (more than 50 model) and price (90 to 525) so it capture all segment Eveready made its product in a broad range and follow the come and select your choice principle. Process: Procedure, mechanism and flow of activities by which product and services are used. Also the 'Procedure' how the product will reach the end user. Eveready has its manufacturing units spread all across the country in order to maximize logistical efficiency and reduce time-to-market. The Companys state-ofthe-art manufacturing units are located in Kolkata, Noida, Uttaranchal, Chennai, Lucknow and Maddur. The company has high-speed manufacturing units, both for batteries and flashlights, with in-house facilities for metal flashlights along with a
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fully automated injection-moulding set-up for plastic flashlights. Eveready also has a full-fledged machine design group at Chennai with capabilities of making specialpurpose machines for both captive consumption and customer-specific requirements. The manufacturing units of Eveready are ISO 9000 and ISO 14000 certified. Eveready has a sophisticated R& D laboratory for design and testing of batteries. The laboratory is NABL accredited. The company also has its own flashlight design and development unit with the latest computer aided design facility. So i covered this statement through distribution channel from point of origin to point of consumption Physical Evidence: The marketing strategy should include effectively communicating their satisfaction to potential customers. We communicate our consumer in urban area through different medium like survey questionnaire online discussion etc and take their feedback regarding to Eveready torches. IN RURAL AREA we specially use different communication technique like advertising, public relations natak nautanki drama and we communicate our consumer in haats mela and in mandi also where we find rural consumer and take their feedback regarding to Eveready torches.
I HAVE ALREADY DISCUSSED 4PS AT THE BASE OF RURAL INDIA MENTION ABOVE. BUT I HAVE DESCRIBING 4AS ALSO
1. Affordability:
Eveready torches make its product at the base of affordability and each and every consumer of Meghalaya state afford it because it available every place and it price is affordable. Like price range is 90, 100, 130, 150, 170, 195, 225, 250, 260, 270, ( 290 rechargeable) 310, 525 Rs. And it distribution is very good so they are reaching to all consumer.
3. Awareness:
LANGUAGE OF MEGHALAYA KHASI, GARO AND ENGLISH The Awareness program should be in such a manner that it should reach the customers mindset. The main way of reaching the customer is through the commercials on media like TV, Radio and Outdoor . The awareness programs should be conducted at the area ( Junction) where the village heads meet or in other way the meeting place at the villages. The awareness program should be in such a way that it
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should contain some message to the audience, there should be some concern for them and their place. The promotional activities should be good in the local language. Like khasi, garo language of Meghalaya state. And awareness will be based on haats mela and in mandi and different activity like nautanki natak drama nukkad natak etc. Apart from this there are some things which the company should think of, such as Colour of the product, Packaging , logo and slogan so on. This should be in such a way that by looking at the product only the customer should feel that they can go for that , and they should be in such a position to differentiate the product form the copy cat one.
(C1): Corporation and competitor : (C2) : Commodity, (C3) : Cost, (C4) : Channel, (C5) : Communication(C6) : Consumer (Needle of compass to Consumer) (C7) : Circumstances (Needle of compass to Circumstances ) THESE ALL THINGS I HAVE ALREADY MENTION ABOVE BIG THREAT there are many competitor in this field but big threat for Eveready torches is Chinese torches and they derivative the Meghalaya rural and urban consumer.
7* REFERENCE
http://www.evereadyindustries.com/ http://www.evereadyindustries.com/business/flashlights/led-torches.asp http://meghalaya.nic.in/
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