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Lalit Kr. Sharma     2011103   Yasser Ali        2011112
Nawal Ragit          2011119   Nitish Aggarwal   2011129
Prateek Sikka 2011140
COMPANY HISTORY

    Established as a part of EID Parry

    Murugappa group took over EID parry and
    expanded the reach of Parryware

    In 2007, PW came in a JV with Roca of
    Spain

    By 2010 became a 100% subsidiary of Roca
    Sanitario
INFORMATION
              • India and overseas markets of
   Market
                South Africa, Sri Lanka, the
   Reach        Middle East


Forward Integration:

                             Total bathroom
       Sanitary ware
                                solutions
PRODUCT PORTFOLIO




   Sanitary                         Allied   Bathroom
              Faucets   Wellness
    ware                           product   furniture
PRODUCT PORTFOLIO (CONTD.)
 • SANITARYWARE


  1. Closets


  2. Basins


  3. Conventine


  4. Urinals
PRODUCT PORTFOLIO (CONTD.)
 • FAUCETS
PRODUCT PORTFOLIO (CONTD.)
 • WELLNESS


  1. Bath Tubs



  2. Shower
     Panels



  3. Shower
     Enclosures
PRODUCT PORTFOLIO (CONTD.)
 • ALLIED PRODUCTS

  1. Accessories

  2. Cisterns

  3. Seat

  4. Pressure
     Pumps

  5. Kitchen
     Sinks

  6. Mirrors
PRODUCT PORTFOLIO (CONTD.)
 • BATHROOM FURNITURE
Pricing Strategies
  Competition Based Pricing

      Premium Pricing
Brand promotion
• GLAMOUR ROOM
  • Trendsetter
  • Became Market Leader




• WOW! WHAT A BATHROOM
  • Unable to sustain




• PERSONAL SPACE
Place Strategy
  Retail customers
Commercial customers
BRAND PERSONALITY (CONTD.)

 • BRAND LOGO
Brand Personality
   Brand Name
    Brand Logo
     Tagline
BRAND PERSONALITY (CONTD.)

 • TAGLINE

   Glamourooms: Not Just Bathrooms
   Add Glamour To Your Life

   Sparkling Clean Glamourooms

   Everything else can wait

   Surrender To Temptation

   Wow what a bathroom! (current tagline)
Communication Strategy
            Billboards

             Print Ads

               TVC

      Internet & Social Media
COMMUNICATION STRATEGY (CONTD.)

 • BILLBOARDS
COMMUNICATION STRATEGY (CONTD.)
 • PRINT ADS
COMMUNICATION STRATEGY (CONTD.)
COMMUNICATION STRATEGY (CONTD.)

 • INTERNET & SOCIAL MEDIA
Recommended Strategies

•   Re-launch
•   Pricing
•   Venture into kitchen appliances
•   Improved customer service
•   Get in touch with customers
Relaunch
• Repositioning
 • IMC mix
   •   Radio ads
   •   PR events
   •   Trade fairs
   •   Experience centers

• Logo and Tagline
 • Two suggestions for taglines:
  • Be yourself
  • A paradise in your home
• Sales promotion
Pricing
• Parryware has been taken over by Spanish Sanitary giant Roca Group

• It can leverage on this take over and charge a slight premium

• Portray itself as an international brand with newer, stylish, technologically
  advanced, export quality products

• 5-8% premium on the Standard range products like Pearl, Jade, twist etc.

• 12-15% premium on the higher end products like Diamond, Agate, Ruby,
  Trio, etc.
Venture into Kitchen appliances

• Kitchen appliances like cooker hoods, hobs, cook tops, built in ovens etc.


• Will give the customers greater number of options and also provide the
  customer with a common theme on which they can customize their kitchens
  and bathrooms.
Customer feedback


• Should constantly be in touch with dealers and consumers in order to keep
  track of what customers want and innovate accordingly.

• We strongly recommend Parryware to come up with their official Facebook
  page.
Improved customer service

• 10% increase in service quality leads to a 7% increase in
  revenue

• Customers ready to pay 7% - 11% more for a promise of
  good service


• Good after-sales service can be used to build a powerful
  competitive advantage (Goffin, 2001)
Parryware

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Parryware

  • 1. Lalit Kr. Sharma 2011103 Yasser Ali 2011112 Nawal Ragit 2011119 Nitish Aggarwal 2011129 Prateek Sikka 2011140
  • 2. COMPANY HISTORY Established as a part of EID Parry Murugappa group took over EID parry and expanded the reach of Parryware In 2007, PW came in a JV with Roca of Spain By 2010 became a 100% subsidiary of Roca Sanitario
  • 3. INFORMATION • India and overseas markets of Market South Africa, Sri Lanka, the Reach Middle East Forward Integration: Total bathroom Sanitary ware solutions
  • 4. PRODUCT PORTFOLIO Sanitary Allied Bathroom Faucets Wellness ware product furniture
  • 5. PRODUCT PORTFOLIO (CONTD.) • SANITARYWARE 1. Closets 2. Basins 3. Conventine 4. Urinals
  • 7. PRODUCT PORTFOLIO (CONTD.) • WELLNESS 1. Bath Tubs 2. Shower Panels 3. Shower Enclosures
  • 8. PRODUCT PORTFOLIO (CONTD.) • ALLIED PRODUCTS 1. Accessories 2. Cisterns 3. Seat 4. Pressure Pumps 5. Kitchen Sinks 6. Mirrors
  • 9. PRODUCT PORTFOLIO (CONTD.) • BATHROOM FURNITURE
  • 10. Pricing Strategies Competition Based Pricing Premium Pricing
  • 11. Brand promotion • GLAMOUR ROOM • Trendsetter • Became Market Leader • WOW! WHAT A BATHROOM • Unable to sustain • PERSONAL SPACE
  • 12. Place Strategy Retail customers Commercial customers
  • 13.
  • 14. BRAND PERSONALITY (CONTD.) • BRAND LOGO
  • 15. Brand Personality Brand Name Brand Logo Tagline
  • 16. BRAND PERSONALITY (CONTD.) • TAGLINE  Glamourooms: Not Just Bathrooms  Add Glamour To Your Life  Sparkling Clean Glamourooms  Everything else can wait  Surrender To Temptation  Wow what a bathroom! (current tagline)
  • 17. Communication Strategy Billboards Print Ads TVC Internet & Social Media
  • 21. COMMUNICATION STRATEGY (CONTD.) • INTERNET & SOCIAL MEDIA
  • 22. Recommended Strategies • Re-launch • Pricing • Venture into kitchen appliances • Improved customer service • Get in touch with customers
  • 23. Relaunch • Repositioning • IMC mix • Radio ads • PR events • Trade fairs • Experience centers • Logo and Tagline • Two suggestions for taglines: • Be yourself • A paradise in your home • Sales promotion
  • 24. Pricing • Parryware has been taken over by Spanish Sanitary giant Roca Group • It can leverage on this take over and charge a slight premium • Portray itself as an international brand with newer, stylish, technologically advanced, export quality products • 5-8% premium on the Standard range products like Pearl, Jade, twist etc. • 12-15% premium on the higher end products like Diamond, Agate, Ruby, Trio, etc.
  • 25. Venture into Kitchen appliances • Kitchen appliances like cooker hoods, hobs, cook tops, built in ovens etc. • Will give the customers greater number of options and also provide the customer with a common theme on which they can customize their kitchens and bathrooms.
  • 26. Customer feedback • Should constantly be in touch with dealers and consumers in order to keep track of what customers want and innovate accordingly. • We strongly recommend Parryware to come up with their official Facebook page.
  • 27. Improved customer service • 10% increase in service quality leads to a 7% increase in revenue • Customers ready to pay 7% - 11% more for a promise of good service • Good after-sales service can be used to build a powerful competitive advantage (Goffin, 2001)

Editor's Notes

  1. Market Reach: Parryware not only provides bathroom solutions to millions of homes in India, but its significant presence is also seen in the overseas markets of South Africa, Sri Lanka, the Middle East and a host of other countries.Forward IntegrationAfter setting benchmarks in the sanitaryware industry, Parryware is now transforming itself into a total bathroom solutions provider. 
  2. Two product rangesStandard (upper middle class customers) Price their products so as to suit the customer’s pocket (don’t charge very high for these products)and luxury (high end customer)Higher end products price ROCA …price leader
  3. Glamour room: inspire the customers to have bathrooms as stylish and fashionable as their living rooms and bedrooms1990 …glamouroom concept ….. Bathroom as sylish as ur living and drawingrooms ……..first one…so trend setter and became the market leaderEarly 2000s …………competitor adopted this strategy ….thought to changestrtgy….which was not good as they decende from glomourrrom to bathroomNow rejuvinate ….washrooms as your personal space.
  4. Started with Glamour room in 1990Went from glamouroom not just bathroom to add glamour to your life.Then in 2003: glamouroom copied: so gave importance to hygene – sparkling clean glamouroom