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MARKETING APPLICATIONS & PRACTICES

       MARK CLASSES
                … A Remarkable Choice

             Presented to:
     Prof. Yasmin Singaporewala

            Presented by:
       PRANALI BANGAL        64
       SWAGAT BARE           65
       MANEESHA PATEL        96
       NAMITA RAINA         106
       RAJU PATEL           114
FIRM PROFILE:
Name: MARK CLASSES
Place: Arthur Road, Mumbai
Company Business:
   o It is basically a coaching classes.
   o Provides education from S.S.C. to M.Com
   o Provides Computer courses like Tally, DTP, Web
     Designing etc.
   o Partnership Firm (3 Partners)
   o Have authorization of 4 Open Universities


     MISSION & VISION
MARKETING…

(A) SEGMENTATION:
    Geographic (Local)
    Demographic (Age, Gender, Income, Occupation)

(B) TARGET:
    Students (15-25 age group)
    Working Professionals

(C) POSITIONING:
    As a remarkable choice
Continue…
Product      : Offer Coaching
Price       : Penetration… (Rs. 7,000-25,000/-)
Various other Pricing strategies:
    Bundled pricing strategy
    Discounted pricing strategy


Place        : Arthur Road
Promotion    :
 Pamphlet Distribution
 Advertisement in Newspapers
 Banner Ads at Bus stops & railway stations
 Promotion in various college events`
FINANCE:

Estimated volume of Funds: Rs. 1.20 Cr.

Sources of Funds:
    Admissions
    Returns on Investments

What is done with profit?
   Equal distribution among partners
   Investments in various schemes for future returns
Human Resource Management:

a.Total staff :
      52 staffs (including teachers, admin, and peons).

b. Age group :
       between (20 to 40 years)

c. Skilled/ semi skilled staffs :
        Skilled personnel for teaching, admin & paper
checking
        Semi skilled for supervision & as peons.

d. Salary structure:
Basic Salary + T.A. (ranges between 5000 to 30,000 p.m.)
Continue…
e. Recruitment.

f. Education qualifications.

g. Job Design & Job Specification:
A) Job Design:
i) For teachers:
     2 hours lectures twice in a week.
     Salary depends upon the no. of lectures takes
ii) For other staffs:
     9 hours duty.
     Convincing admissions
     Keeping daily records of students etc.

B) Job Specification:

C) LEGAL REQUIREMENTS:
Continue…

h. Shifts: 2 shifts

i. Internal communication:
        Both up/down and side-to-side          within   an
organization is done as follows:
      One-on-one meetings
      Staff/team meetings
      Emails
      Open Door policy

j. Motivational measures taken:
       incentives, bonus, extra pay on overtime etc.

k. Training:
       - On the job training is provided.
Problem faced by firm:
        The main problem which is being faced by the
firm is low admissions for FY/SY/TYB.Com.

Reasons:
We found that the main reason behind this problem
is availability of various other degree courses such as
BAF, BMS, BBI, BMM etc.
Also in that particular area there is stiff competition
in the same industry.

Recommendations:
The firm should expand its business and should
start with the above degree courses.
The advertisement is not done time to time so it
should be checked.
THANK
 YOU

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Map

  • 1. MARKETING APPLICATIONS & PRACTICES MARK CLASSES … A Remarkable Choice Presented to: Prof. Yasmin Singaporewala Presented by: PRANALI BANGAL 64 SWAGAT BARE 65 MANEESHA PATEL 96 NAMITA RAINA 106 RAJU PATEL 114
  • 2. FIRM PROFILE: Name: MARK CLASSES Place: Arthur Road, Mumbai Company Business: o It is basically a coaching classes. o Provides education from S.S.C. to M.Com o Provides Computer courses like Tally, DTP, Web Designing etc. o Partnership Firm (3 Partners) o Have authorization of 4 Open Universities MISSION & VISION
  • 3. MARKETING… (A) SEGMENTATION:  Geographic (Local)  Demographic (Age, Gender, Income, Occupation) (B) TARGET:  Students (15-25 age group)  Working Professionals (C) POSITIONING:  As a remarkable choice
  • 4. Continue… Product : Offer Coaching Price : Penetration… (Rs. 7,000-25,000/-) Various other Pricing strategies:  Bundled pricing strategy  Discounted pricing strategy Place : Arthur Road Promotion :  Pamphlet Distribution  Advertisement in Newspapers  Banner Ads at Bus stops & railway stations  Promotion in various college events`
  • 5. FINANCE: Estimated volume of Funds: Rs. 1.20 Cr. Sources of Funds:  Admissions  Returns on Investments What is done with profit?  Equal distribution among partners  Investments in various schemes for future returns
  • 6. Human Resource Management: a.Total staff : 52 staffs (including teachers, admin, and peons). b. Age group : between (20 to 40 years) c. Skilled/ semi skilled staffs : Skilled personnel for teaching, admin & paper checking Semi skilled for supervision & as peons. d. Salary structure: Basic Salary + T.A. (ranges between 5000 to 30,000 p.m.)
  • 7. Continue… e. Recruitment. f. Education qualifications. g. Job Design & Job Specification: A) Job Design: i) For teachers:  2 hours lectures twice in a week.  Salary depends upon the no. of lectures takes ii) For other staffs:  9 hours duty.  Convincing admissions  Keeping daily records of students etc. B) Job Specification: C) LEGAL REQUIREMENTS:
  • 8. Continue… h. Shifts: 2 shifts i. Internal communication: Both up/down and side-to-side within an organization is done as follows:  One-on-one meetings  Staff/team meetings  Emails  Open Door policy j. Motivational measures taken: incentives, bonus, extra pay on overtime etc. k. Training: - On the job training is provided.
  • 9. Problem faced by firm: The main problem which is being faced by the firm is low admissions for FY/SY/TYB.Com. Reasons: We found that the main reason behind this problem is availability of various other degree courses such as BAF, BMS, BBI, BMM etc. Also in that particular area there is stiff competition in the same industry. Recommendations: The firm should expand its business and should start with the above degree courses. The advertisement is not done time to time so it should be checked.
  • 10.