SlideShare a Scribd company logo
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

Strategic Business Analysis
Strategic Business AnalysisStrategic Business Analysis
Strategic Business Analysis
Syeda Quratulain Asad
 
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
Supa Buoy
 
Promotional strategy of rc cola
Promotional strategy of rc colaPromotional strategy of rc cola
Promotional strategy of rc cola
AbuHorairaKamal
 
Black & Decker Case
Black & Decker CaseBlack & Decker Case
Black & Decker Case
Vipin Dhonkaria
 
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
Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar
 
BBS Cables Brand & Communication Strategy
BBS Cables Brand & Communication StrategyBBS Cables Brand & Communication Strategy
BBS Cables Brand & Communication Strategy
Kazi 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.pdf
DR 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 Marketing
Shubham Nema
 
SIP Report-JSPL.docx
SIP Report-JSPL.docxSIP Report-JSPL.docx
SIP Report-JSPL.docx
Animesh68
 
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.pptxkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
GlydelGieJimenez
 
marketing strategy
marketing strategymarketing strategy
marketing strategy
s k
 
competitor-analysis
competitor-analysiscompetitor-analysis
competitor-analysis
drgurudutta
 

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

Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
Peter Mead
 
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel BussiusYour Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Digital Marketing Training In Bangalore
Digital Marketing Training In BangaloreDigital Marketing Training In Bangalore
Digital Marketing Training In Bangalore
syedasifsyed46
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
smmpanel567
 
FullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil PallenFullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil Pallen
travisomalana
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Auxis Consulting & Outsourcing
 
15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling
Aatir Abdul Rauf
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
marianooscos
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Demandbase
 
Generative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter WeltmanGenerative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter Weltman
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Coca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planCoca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing plan
Maswer Ali
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
Felipe Bazon
 
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
levuag
 
10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 

Recently uploaded (20)

Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
 
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel BussiusYour Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
 
Digital Marketing Training In Bangalore
Digital Marketing Training In BangaloreDigital Marketing Training In Bangalore
Digital Marketing Training In Bangalore
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
 
FullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil PallenFullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil Pallen
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
 
15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
 
Generative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter WeltmanGenerative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter Weltman
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
 
Coca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planCoca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing plan
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
20221005110010_633d63baa84f6_learn___week_3_ch._5.pdf
 
10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 

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