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Marketing Plan Arora Cold Storage - Group 3 and 4
1. MARKETING PLAN
FOR
ARORA COLD STORAGE
Submitted By
Group 3 – Neha Gandhi
Milan Jyoti Saika
Amol Shah Singh
Group 4 - Pratibha
2. Introduction
Special rooms in which temperature is controlled with the help of
machines and precision rooms.
Wide range of products can be stored in these cold storages
Increase demand of fruits and vegetables gives greater growth potential
Recently frozen foods, dairy foods and egg manufacturers have been
demanding these services
3. Benefits of Cold Storage
Shelf Life
Period of
Marketing
Over CapacityTransport
Bottlenecks
5. Objectives
Promotion and demand forecasting in NCR
Selling more than 1000 units
Expanding to other markets
Enlarging market share with promotions and tie ups with
franchises
Achieving sales target of 1,00,000 units
Year 1
Year 2
Year 3
Year 4
Year 5
8. Competitor Analysis
Kelvin Cold Storage Pvt Ltd - Provides the “Integrated Cold Storage”
across India. It is a well established player in North India specially NCR
region. They also provide cold supply chain and logistics facilities
Blue Bird Enterprises Pvt Ltd - A recent start up which is grown to
own major part of the market share. This company poses the biggest
competition to us
Bansal Company – It is one of the leaders in the market
9. Situation Analysis
Poorly Integrated Sector
Huge gaps in terms of capacity
Non-existent on farm infrastructure
Poor transportation system
10. SWOT Analysis
Strengths
• Pricing Policy
• Movable
Products
• Tenchnology
Weaknesses
• Lack of
experience
• Experimenting
with new
technology
Opportunity
• Ability to
become
market leaders
• Untapped
demand in
rural markets
Threats
• Duplication by
other
companies
• Increased
Competition
11. Porter’s 5 Forces for Arora Cold Storage
Threat of
new
entrants
Bargaining
power of
suppliers
Bargaining
power of
buyers
Rivalry
among
existing
firms
Threat of
substitute
products
13. Marketing Strategies
Product – The product offered is unique and one of a kind. It is
operated by battery and has plugin options which allows easy mobility
and transportation.
Pricing – Smaller special versions for rural markets having lower price
will be manufactured. Products will be made of plastic which ensures
low cost.
Marketing Communication - Sales teams will demonstrate the product
in rural and suburban markets. The company also provides for these
storage facilities on lease, making it attractive for small and medium
shop owners.
14. Marketing Mix
Use of print and electronic media
for promotion
Sending sales forces to rural areas
to make them aware about the
products
Entering B2B markets
Quarter 1
Quarter 2
Quarter 3
15. Implementation
Providing a network of service executives with
minimum hassles
Support and repair services will be free for initial 2
years
Promoting the products of the franchise owner with
our own products
Monitoring the machines setup with the customers
and taking feedback