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MM BULBUL
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Transcript of MM BULBUL
SUBMITTED TO :- SUBMITTED BY :- PROF. MAHESH SONI SHAILESH PATEL
PRESENTATION ON PLC OF BULBUL PRESSURE COOKER
SNAPSHOT OF PRESSURE COOKER MARKET
• Mid and low socioeconomic are becoming target market
• Predicted that increase in economic power will exert economic power on such durable
• Exposure to media has grown increasing awareness of customers
• High socioeconomic classes is being saturated now.
Customer needs
Retain nutrientsEasy to use and safeEconomical in terms of energy saving and price of the product/ cost
Urban Market
Rural markets
House wife
Solar cookerElectrical cooker
Open pot cookingMicrowave oven
Cookware i.e.Fast/Timesaving
ALTERNATIVES CUSTOMER SEGMENTS
SEC A SEC B SEC C SEC D&E
105
110
115
120
125
130
% INCREASE IN MHI
% INCREASE IN MHI
INCREASE IN MHI AND THERE COMPOSITION OF HOUSEHOLD DURABLE
Consumption increased by 18 %. Thus not only income but consumption had also increased.
INDIAN PRESSURE COOKER MARKET
Awareness of pressure cooker through media had increased its demand.
Increase in 13.14 million household owning.Mid & low economic classes account for 67%
increase . This segment constitutes a major portion of
population.(sec c, d& e).
INCREASE IN HOUSEHOLD BASE
TELEVISION
PRESSURE COOKER
ELECTRIC IRON
LPG STOVE
MIXER GRINDER
REFRIGERATOR
WASHING MACHINE
PERCENTAGE COMPOSITION OF ADDITIONAL HOUSE HOLD BASE
BULBUL PRESSURE COOKERS
Mittal Udyog established in 1974. its leading manufacturer of aluminum cookware.
It extended brand by manufacturing pressure cookers in 2002.
With strong footing in cookware and high quality product company got success.
Market segmentation was done on the basis of experience.
SEGMENTATION AND POSITIONING
Segmentation Basis of usage( professional and domestic) Income (lower and middle) Geographic areas (rural and sub urban)Positioning Positioned as high quality for low prices Perceived by customers as most durable
cookware Positioned as safest and value for money.
BULBUL GOLD
BULBUL
BULBUL
CLASS HIGH MIDDLE LOW
PRICE
HIGH
MID
LOW
TARGETING
PROMOTION STRATERGIES
Penetrated in new cities through print ads.Regular ads in women's magazine like Ghurh
Shobha, Nayika Sarita and local newspapers.Outdoor advertizing, events, contest, wall
paintings banners, danglers etcTV commercials in sanskar and India TV
channels .Tied up with Big bazaar, Reliance, Itc and
Cash-N-Carry.
PLC OF BULBBUL PRESSURE COOKER
SALES
TIME
GROWTH STAGE