5. COMPANY PROFILE
COMPANY NAME – AGRICARE
DAY OF SET UP- MARCH, 1985
TYPE – PVT. LTD.
SIZE-2500 E
LOCATION-NEW DELHI HQ
1-AGRO –BASED INDUSTRY WILL BRING THE STABILITY OF INDIAN ECONOMY.
2-WE HAVE DECIDED TO DEVELOP THE AGRICULTURAL SECTOR AND AGROBASED
INDUSTRY SECTOR.
MISSION
VISION
TO CARRY ON BUSINESS AS AGRICULTURIST IN INDIA AND ABROAD.
TO CARRY ON BUSINESS AS MANUFACTURER, PRODUCESS AND EXPOTER,
WHOLESALE ,RETAILARS,DISTRIBUTER AND AGENT.
7. ANALYSIS
RURAL INDIA
AGRI INPUTS MARKET
FIVE FORCE ANALYSIS
RURAL MARKETING
PROBLEMS IN RURAL
MARKETING
8. RURAL INDIA
VILLAGES ARE THE HEART OF INDIA
75% POPULATION
6,38,365 VILLAGES
58% DISPOSABLE INCOME IN RURAL
41% MIDDLE CLASS
55.6% CONTRIBUTION OF NATIONAL INCOME
ANNUAL HOUSEHOLD INCOME 40,000
9. AGRI INPUTS MARKET
FIRST IN WORLD IN TERM OF IRRIGATED LAND AREA
SECOND IN TERM OF ARABLE LAND
CHEMICAL FERTILIZERS
LAST 50 YEARS HAS GROWN NEARLY 170 TIME.
IN 1950 USE PER HECTARE IN INDIA WAS 0.55Kg
IN 2001-02 THIS FIGURE HAS INCRESED TO
AROUND 90.12 Kg 12808 CR BUDGETED
10. NEW AND SUCCESSFULLY
INNOVATED PRODUCT
TRADIONAL OR MODIFIED
PRODUCT
THREAT OF NEW ENTRANT
BARGAING POWER OF
SUPPLIER
BARGAINING POWER OF
CUSTOMER
THREAT OF SUBSTITUTE
INDUSTRY RIVALRY
THREAT OF NEW ENTRANT
BARGAING POWER OF
SUPPLIER
BARGAINING POWER OF
CUSTOMER
THREAT OF SUBSTITUTE
INDUSTRY RIVALRY
11. RURAL MARKETING
THE FUTURE LIESWITHTHOSE COMPANIES WHO SEETHE
POOR ASTHEIR CUSTOMERS.
-C.K PRAHALAD
POPULATION NOT EXCEEDING
5000.
AT LEAST 75% OFWORKING
MALE ENGAGED IN
AGRICULTURAL PURSUITS.
A POPULATION DENSITY OF
LESSTHAN 400 PER SQ. KM.
12. PROBLEMS IN RURAL MARKETING
RURAL INDIA
LACK OF PROPER PHYSICAL COMMUNICATION
FACILITIES.
LACK OF PROPER TRANSPORT FACILITY
MANY LANGUAGES AND DIALECTS
DISPERSED MARKET.
LOW PER CAPITA INCOME
LOW LEVEL OF LITERACY
PREVALENCE OF SPURIOUS BRANDS
SEASONAL DEMAND
20. NEW PRODUCT DEVELOPMENT
NEW PRODUCT DOES NOT NECESSARILY MEAN AN INVENTION.
A MINOR MODIFICATION OR ADDITION TO AN ALREADY EXICTING PRODUCT.
OBJECTIVES
NEW PRODUCT DEVELOPMENT PROCESS
A) EXPLORATION STAGE
B) SCREENING STAGE
1---NATURE OF DEMAND
2---COMPATABILITY
3---RESOURCES
4---COMPETITION
C) DETAILED VALUE OFFERING EVALUTION
D) BUSINESS ANALYSIS
E) PRODUCT DEVELOPMENT
21. F) DEVELOPMENT OF MARKETING MIX
1- 4PS
G) PRODUCT TESTING
1-PRODUCT TESTING
2-CONCEPT TESTING
3-TEST MARKETING
H) COMMERCIALISATION OR LAUNCH
1-PROMOTION STRATEGY
2-PRICING STRATEGY
3-PLACE STRATEGY
CONTD……….
22. AGRICARE
OBJECTIVES---
1- ROTATION OF ECONOMIC RESOURCSE
2-DEVELOPMENT
3-WIDEN PRODUCT PACKAGING (RANGE)
4-BRING IN “CONSUMER SATISFACTION”
PROMOTION (DEMO)
5-DEVELOP A POOL OF MANAGERIAL TALENT
23. AGRICARETM
NEW PRODUCT DEVELOPMENT PROCESS
EXPLORATION STAGE---
ONTHE BASICES OF MARKET FEEDBACK ,SURVYAND RESEARCH FROM
RURAL MARKET SOMEWEEDICIDE COMPANY DRAWBACK----
1-KILLING OF EARTH WARM
2-SOME PRODUCT HARM FULL FOR CROP
4-BAD SIMALE
NON TERMINATION OF BROAD-LEAF WEEDS
SOME CASES OF LEAF ROTTING {RATHER THAN ANY
DAMAGE TO CROP}
PUNGENT SMELL TILL 6-7 DAYS FROM THE APPLICATION
25. AGRICARETM
1---NATURE OF DEMAND
2---COMPATABILITY
TARGET MARKET
DEMAND OVER OF PERIOD OF TIME
GROWTH PROSPECTS
MATCH WITH THE CORPORATE OBJECTIVES
IMPACT ON THE EXISTING PRODUCT LINE
NEW IDEA WITH THE EXISTING STRATEGIES AND
WORK PROCESSES
27. AGRICARETM
DETAILED VALUE OFFERING EVALUTION
UNIQUENESS OF MY PRODUT
FARMERS-
SIMPLE AND EASY TO USE
IT IS AFFORDABLE
NO SMELL
PRODUCT RANGE
RETAILER SIDE-
CONVENIENT TO STORE
OFFERS FOR RETAILER
GOOD PACKAGING
GOOD MARGIN
28. AGRICARETM
BUSINESS ANALYSIS
FINANCIA PROFITABLE
FEASIBLE PROPOSITION
COST OF MY PRODUCT IS SLIGHTY LESS
OTHER RUNING PRODUCT
250 g COST
1 kg AND 3 kg
PROMOTION
• MY SIDE-50
• OTHER -55
• I GOT 10% OTHER 15%
• MY SIDE -185,550
• OTHER-190,560
• I GOT 18% OTHER 24
• 35% EXPENSES
• OTHER 25 %
31. AGRICARETM
4Ps---
PRODUCT- 1-VARIANTS 250g TO 5 kg
2-GOOD PACKAGING
3-LOGO EASY TO UNDERSTAND
4-BRAN NAME
PROMOTION- MY USP
1-EASY PUNCH LINE
2-SAME STATE SALES PERSON
3-COMMUNICATION
4-SAMPLE , OFFER
PRICE- CAMPARE THEN OTHER ALWAYS LESS
QUALITY BETTER THEN OTHER.
PLACE-HUB OF PADDY PUNJAB
SLOWLY START UP,HARIYANA SAME
CULTURE ARE THERE.
GOLDEN CROP