SlideShare a Scribd company logo
1 of 5
1
Assignment On
Case Study of “Samah Razor Blade Industries”
Course Title: Marketing Management & Practices
Course Code: MKT 5135
Submitted to:
Prof. Dr. Mohammad Salek
Lecturer
School of Business Studies
Southeast University
Submitted By:
Name Student Id Batch Program Section
Ishtiak Alam Preetam 2017010004011 26th MBA (1year) 2
Arifa Nasrin Akhi 2017010004013 26th MBA (1year) 2
2
Case Summary:
The Balaka blade is the brand of Samah razor blade industries. It is one of the leading razor
blade manufactures in the country & at first they are produce only one blade which is Balaka. In
1985 they made a significant change in its product to introduce Balaka Super (B/S). After a
rigorous sales campaign B/S was marketed and it failed in capturing the market. Sales fell to 8
million from 15 million. It was established in 1966 and until 1976 it was only razor blade
manufactures in Bangladesh.
Question no. 1
Why do you think the introduction of Balaka Supper blades failed?
Answer:
We think that there are some major issues behind the failure of Balaka Super Blades. They are
given below:
1. Decision making Problem: B/S makes a wrong marketing decision. In that case we
found that the management of Samah Razor Blade industries decided to discount their
existing product. Balaka and their customer fall upon dilemma about their new product &
its price also creates barrier to introducing Balaka super blade.
2. Customer’s dissatisfaction: In one word we can describe marketing which is
satisfactory to the customers. The customers of Balaka had been quite satisfied with the
quality and price of Balaka. Though the target group was same for both products Balaka
Super could not make a place to the customers mind.
3. Lack of Marketing Research: The market survey was conducted only on Dhaka and its
suburbs.
4. Wrong marketing plan: They doesn’t make any proper marketing like competitive
review, sample of competitive products and pricing, SWOT analysis, marketing strategy
and action programs etc.
5. Pricing strategy: The price of balaka super was a bit higher though it provides superior
quality but it is a bit tough situation to buy this for lower middle class people.
6. Poor Demographic Analysis: Samah Razor Blade industries segmented their market for
middle class & lower middle class; it was another reason fails to introduction of Balaka
Super.
7. Stronger Competitors: Before 1976 there was no competitors of Samah Razor Blade
industry in Bangladesh but in 1985 when they took strategy for developing a new product
in that time competition raised in the market because besides of imported blades
Government owned blade company “Sword” also compete with Balaka super so that
Md.Maksud Rana 2017010004019 26th MBA (1year) 2
3
customers bargaining power became high and also they had switching options from one
to another.
Question no. 2:
What recommendation would you make for marketing Balaka Super blades?
Answer:
We have some recommendation for marketing Balaka Super blades. They are given below:
1. Proper conduct of survey: Samah Razor Blade industries conduct their survey in Dhaka
and its suburbs. We think they should conduct a survey all over the country with full of
efficient resources which give the correct information about what people are demanding.
2. Proper decision making: Samah Razor Blade industries should take a decision to market
its new product Balaka Super parallel with the existing product which is Balaka.
Although survey can give positive result but the actual result will come out when Balaka
Super will be marketed.
3. Target group based product: Balaka Super and Balaka had the same target group which
is lower middle class. We think they could change the target group for Balaka super such
as lower class and upper middle class.
4. Pricing strategy: Samah Razor Blade industries should take different pricing strategies
for different target groups. For example, for lower class people pricing should be cheaper
rather than upper middle class people. So that they can effort the product.
5. Competition based planning: to sustain in the market, it is compulsory to have
knowledge what your competitors are doing to satisfy their customers. So, Samah Razor
Blade industries had to look out for its competitors strategies and analyze it to take a
sustainable strategies so that they could satisfy their customers.
4
Question no. 3:
What recommendation would you make regarding the reintroduction of Balaka blades?
Answer:
We think Balaka blades had some opportunity regarding reintroduction. They are given below:
1. Proper market segmentation: The customers of Balaka ware lower middle class group
but we think they could target middle class and lower class people. At first they have to
target middle class, lower middle class and lower class.
2. Marketing mix: They could reintroduce Balaka by applying marketing mix.
 Product: Samah Razor Blade industries could reintroduce Balaka by improving
product design, quality and packaging.
 Price: Samah Razor Blade industries have to do little bit research about their
competitors pricing strategy then they can make a price for their blades with a
standard quality. We think this could help to re-establish their product value in
customers mind.
 Place: By arranging effective distribution channel with qualified sales force they
can achieve their desire goals.
 Promotion: This is the main part for Balaka’s reintroduction. To promote Balaka
blade following stapes can be taken.
a) Advertisement: They should advertisement in various way like T.V
channels, daily newspaper, radio, billboard etc.
b) Buy one get one options: For promotional purpose they may introduce
buy one get one option for the customers. It helps to stimulate their
customer to purchase again and again.
c) CSR activities: Samah Razor Blade industries can do some CSR activities
to the society like blood donation, tree plantation, beatification the cities,
donate some clothes etc.
d) Special discount for men’s saloon: Samah Razor Blade industries can
provide some special discount for saloon.
5

More Related Content

Similar to Marketing case

0601086 customer’s expectations and feedback analysis
0601086 customer’s expectations and feedback analysis0601086 customer’s expectations and feedback analysis
0601086 customer’s expectations and feedback analysisSupa Buoy
 
Promotional strategy of rc cola
Promotional strategy of rc colaPromotional strategy of rc cola
Promotional strategy of rc colaAbuHorairaKamal
 
BBS Cables Brand & Communication Strategy
BBS Cables Brand & Communication StrategyBBS Cables Brand & Communication Strategy
BBS Cables Brand & Communication StrategyKazi M. Hossain
 
Big bazar final synopsis
Big bazar final synopsisBig bazar final synopsis
Big bazar final synopsisParul Gupta
 
Big bazar final synopsis
Big bazar final synopsisBig bazar final synopsis
Big bazar final synopsisParul Gupta
 
Big bazar final synopsis
Big bazar final synopsisBig bazar final synopsis
Big bazar final synopsisParul Gupta
 
Project on bigbazaar
Project on bigbazaarProject on bigbazaar
Project on bigbazaarranaitmmba
 
Marketing Strategies.
Marketing Strategies.Marketing Strategies.
Marketing Strategies.Faisal Khan
 
1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf
1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf
1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdfDR BHADRAPPA HARALAYYA
 
Marketing Mix - 4Ps of Marketing and STP in Marketing
Marketing Mix - 4Ps of Marketing and STP in MarketingMarketing Mix - 4Ps of Marketing and STP in Marketing
Marketing Mix - 4Ps of Marketing and STP in MarketingShubham Nema
 
SIP Report-JSPL.docx
SIP Report-JSPL.docxSIP Report-JSPL.docx
SIP Report-JSPL.docxAnimesh68
 
Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)Aditya Raj
 
Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)AdityaRaj963459
 
Entrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
Entrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkEntrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
Entrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkGlydelGieJimenez
 
marketing strategy
marketing strategymarketing strategy
marketing strategys k
 
competitor-analysis
competitor-analysiscompetitor-analysis
competitor-analysisdrgurudutta
 

Similar to Marketing case (20)

Strategic Business Analysis
Strategic Business AnalysisStrategic Business Analysis
Strategic Business Analysis
 
0601086 customer’s expectations and feedback analysis
0601086 customer’s expectations and feedback analysis0601086 customer’s expectations and feedback analysis
0601086 customer’s expectations and feedback analysis
 
Promotional strategy of rc cola
Promotional strategy of rc colaPromotional strategy of rc cola
Promotional strategy of rc cola
 
Black & Decker Case
Black & Decker CaseBlack & Decker Case
Black & Decker Case
 
8C Strategic Product Management - Competitors Present & Future Objectives
8C Strategic Product Management - Competitors Present & Future Objectives8C Strategic Product Management - Competitors Present & Future Objectives
8C Strategic Product Management - Competitors Present & Future Objectives
 
BBS Cables Brand & Communication Strategy
BBS Cables Brand & Communication StrategyBBS Cables Brand & Communication Strategy
BBS Cables Brand & Communication Strategy
 
Big bazar final synopsis
Big bazar final synopsisBig bazar final synopsis
Big bazar final synopsis
 
Big bazar final synopsis
Big bazar final synopsisBig bazar final synopsis
Big bazar final synopsis
 
Big bazar final synopsis
Big bazar final synopsisBig bazar final synopsis
Big bazar final synopsis
 
Project on bigbazaar
Project on bigbazaarProject on bigbazaar
Project on bigbazaar
 
Assignment 4
Assignment 4Assignment 4
Assignment 4
 
Marketing Strategies.
Marketing Strategies.Marketing Strategies.
Marketing Strategies.
 
1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf
1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf
1703270 PAPER Study on Promotion Mix Strategy Towards Big Bazaar Bidar.pdf
 
Marketing Mix - 4Ps of Marketing and STP in Marketing
Marketing Mix - 4Ps of Marketing and STP in MarketingMarketing Mix - 4Ps of Marketing and STP in Marketing
Marketing Mix - 4Ps of Marketing and STP in Marketing
 
SIP Report-JSPL.docx
SIP Report-JSPL.docxSIP Report-JSPL.docx
SIP Report-JSPL.docx
 
Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)
 
Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)Bba 2020 23 (3rd) term paper 100 (aditya raj)
Bba 2020 23 (3rd) term paper 100 (aditya raj)
 
Entrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
Entrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkEntrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
Entrepreneurship Q1 lesson 3.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
 
marketing strategy
marketing strategymarketing strategy
marketing strategy
 
competitor-analysis
competitor-analysiscompetitor-analysis
competitor-analysis
 

Recently uploaded

Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...BeshoyFawaz1
 
Elevate Your Brand with Billion Broadcaster's Horizontal Lift Advertising
Elevate Your Brand with Billion Broadcaster's Horizontal Lift AdvertisingElevate Your Brand with Billion Broadcaster's Horizontal Lift Advertising
Elevate Your Brand with Billion Broadcaster's Horizontal Lift AdvertisingVikasYadav194549
 
Passive Income System 2.0 Digital: Effortless Earnings
Passive Income System 2.0 Digital: Effortless EarningsPassive Income System 2.0 Digital: Effortless Earnings
Passive Income System 2.0 Digital: Effortless Earningsabdullahspz0428
 
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdfTAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdfSocial Samosa
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleMy Heart Throw Pillow
 
SEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking HigherSEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking Highervkvacker
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesMathuraa
 
ch05.ppt Strategies in marketing channel
ch05.ppt Strategies in marketing channelch05.ppt Strategies in marketing channel
ch05.ppt Strategies in marketing channelahmedjaura1
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfPauleneNicoleLapira
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONpratheeshraj987
 
The Art of sales from fictional characters.
The Art of sales from fictional characters.The Art of sales from fictional characters.
The Art of sales from fictional characters.Bharathi sakthi
 
Key Social Media Marketing Trends for 2024
Key Social Media Marketing Trends for 2024Key Social Media Marketing Trends for 2024
Key Social Media Marketing Trends for 2024Jomer Gregorio
 
The Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptxThe Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptxelizabethella096
 
Taprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cardsTaprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cardsJuan Pablo Ponce
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessAbdulsamad Lukman
 
Gain potential customers through Lead Generation
Gain potential customers through Lead GenerationGain potential customers through Lead Generation
Gain potential customers through Lead Generationvidhyalakshmiveerapp
 
The seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniThe seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniSurya Prasath
 
Meta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdf
Meta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdfMeta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdf
Meta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdfGreat India Shop Fest
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendayMaharshBenday
 

Recently uploaded (20)

Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...
 
Elevate Your Brand with Billion Broadcaster's Horizontal Lift Advertising
Elevate Your Brand with Billion Broadcaster's Horizontal Lift AdvertisingElevate Your Brand with Billion Broadcaster's Horizontal Lift Advertising
Elevate Your Brand with Billion Broadcaster's Horizontal Lift Advertising
 
Passive Income System 2.0 Digital: Effortless Earnings
Passive Income System 2.0 Digital: Effortless EarningsPassive Income System 2.0 Digital: Effortless Earnings
Passive Income System 2.0 Digital: Effortless Earnings
 
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdfTAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your Lifestyle
 
SEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking HigherSEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking Higher
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
ch05.ppt Strategies in marketing channel
ch05.ppt Strategies in marketing channelch05.ppt Strategies in marketing channel
ch05.ppt Strategies in marketing channel
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdf
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
 
The Art of sales from fictional characters.
The Art of sales from fictional characters.The Art of sales from fictional characters.
The Art of sales from fictional characters.
 
Key Social Media Marketing Trends for 2024
Key Social Media Marketing Trends for 2024Key Social Media Marketing Trends for 2024
Key Social Media Marketing Trends for 2024
 
The Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptxThe Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptx
 
Taprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cardsTaprank - Boost your Google reviews with personalized NFC cards
Taprank - Boost your Google reviews with personalized NFC cards
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to Success
 
Gain potential customers through Lead Generation
Gain potential customers through Lead GenerationGain potential customers through Lead Generation
Gain potential customers through Lead Generation
 
The seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniThe seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert Cialdini
 
Meta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdf
Meta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdfMeta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdf
Meta­ unveils­ enhanced­ gen-AI­ tools­ catering­ to­marketers.pdf
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 

Marketing case

  • 1. 1 Assignment On Case Study of “Samah Razor Blade Industries” Course Title: Marketing Management & Practices Course Code: MKT 5135 Submitted to: Prof. Dr. Mohammad Salek Lecturer School of Business Studies Southeast University Submitted By: Name Student Id Batch Program Section Ishtiak Alam Preetam 2017010004011 26th MBA (1year) 2 Arifa Nasrin Akhi 2017010004013 26th MBA (1year) 2
  • 2. 2 Case Summary: The Balaka blade is the brand of Samah razor blade industries. It is one of the leading razor blade manufactures in the country & at first they are produce only one blade which is Balaka. In 1985 they made a significant change in its product to introduce Balaka Super (B/S). After a rigorous sales campaign B/S was marketed and it failed in capturing the market. Sales fell to 8 million from 15 million. It was established in 1966 and until 1976 it was only razor blade manufactures in Bangladesh. Question no. 1 Why do you think the introduction of Balaka Supper blades failed? Answer: We think that there are some major issues behind the failure of Balaka Super Blades. They are given below: 1. Decision making Problem: B/S makes a wrong marketing decision. In that case we found that the management of Samah Razor Blade industries decided to discount their existing product. Balaka and their customer fall upon dilemma about their new product & its price also creates barrier to introducing Balaka super blade. 2. Customer’s dissatisfaction: In one word we can describe marketing which is satisfactory to the customers. The customers of Balaka had been quite satisfied with the quality and price of Balaka. Though the target group was same for both products Balaka Super could not make a place to the customers mind. 3. Lack of Marketing Research: The market survey was conducted only on Dhaka and its suburbs. 4. Wrong marketing plan: They doesn’t make any proper marketing like competitive review, sample of competitive products and pricing, SWOT analysis, marketing strategy and action programs etc. 5. Pricing strategy: The price of balaka super was a bit higher though it provides superior quality but it is a bit tough situation to buy this for lower middle class people. 6. Poor Demographic Analysis: Samah Razor Blade industries segmented their market for middle class & lower middle class; it was another reason fails to introduction of Balaka Super. 7. Stronger Competitors: Before 1976 there was no competitors of Samah Razor Blade industry in Bangladesh but in 1985 when they took strategy for developing a new product in that time competition raised in the market because besides of imported blades Government owned blade company “Sword” also compete with Balaka super so that Md.Maksud Rana 2017010004019 26th MBA (1year) 2
  • 3. 3 customers bargaining power became high and also they had switching options from one to another. Question no. 2: What recommendation would you make for marketing Balaka Super blades? Answer: We have some recommendation for marketing Balaka Super blades. They are given below: 1. Proper conduct of survey: Samah Razor Blade industries conduct their survey in Dhaka and its suburbs. We think they should conduct a survey all over the country with full of efficient resources which give the correct information about what people are demanding. 2. Proper decision making: Samah Razor Blade industries should take a decision to market its new product Balaka Super parallel with the existing product which is Balaka. Although survey can give positive result but the actual result will come out when Balaka Super will be marketed. 3. Target group based product: Balaka Super and Balaka had the same target group which is lower middle class. We think they could change the target group for Balaka super such as lower class and upper middle class. 4. Pricing strategy: Samah Razor Blade industries should take different pricing strategies for different target groups. For example, for lower class people pricing should be cheaper rather than upper middle class people. So that they can effort the product. 5. Competition based planning: to sustain in the market, it is compulsory to have knowledge what your competitors are doing to satisfy their customers. So, Samah Razor Blade industries had to look out for its competitors strategies and analyze it to take a sustainable strategies so that they could satisfy their customers.
  • 4. 4 Question no. 3: What recommendation would you make regarding the reintroduction of Balaka blades? Answer: We think Balaka blades had some opportunity regarding reintroduction. They are given below: 1. Proper market segmentation: The customers of Balaka ware lower middle class group but we think they could target middle class and lower class people. At first they have to target middle class, lower middle class and lower class. 2. Marketing mix: They could reintroduce Balaka by applying marketing mix.  Product: Samah Razor Blade industries could reintroduce Balaka by improving product design, quality and packaging.  Price: Samah Razor Blade industries have to do little bit research about their competitors pricing strategy then they can make a price for their blades with a standard quality. We think this could help to re-establish their product value in customers mind.  Place: By arranging effective distribution channel with qualified sales force they can achieve their desire goals.  Promotion: This is the main part for Balaka’s reintroduction. To promote Balaka blade following stapes can be taken. a) Advertisement: They should advertisement in various way like T.V channels, daily newspaper, radio, billboard etc. b) Buy one get one options: For promotional purpose they may introduce buy one get one option for the customers. It helps to stimulate their customer to purchase again and again. c) CSR activities: Samah Razor Blade industries can do some CSR activities to the society like blood donation, tree plantation, beatification the cities, donate some clothes etc. d) Special discount for men’s saloon: Samah Razor Blade industries can provide some special discount for saloon.
  • 5. 5