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MARKETING MANAGEMENT

    Target Marketing in the USA




        SUBMITTED TO
PROF. YASMIN SINGAPOREWALA
Group Members:

Name                 Roll No.
Anuja Bambulkar      63
Ruchi Jain           76
Wasim Shaikh         109
Rahul Das            69
Maneesha S. Patel    96
Prasad Shukla        82
INTRODUCTION:
 A food service business company.
 Manufacturing, & marketing, Ready to Serve (RTS) food
     products,
 Processing vegetables and
 Leasing cold storage facilities

FOUNDER:
Formed in 1986 by Ravi Ghai and Ravi Kiran Aggarwal.

PRODUCTION COMMENCEMENT:
Started in 1989 & launched its first RTS products in 1990. But
Its products failed in Middle East, Russia and the US. due to
lack of focus marketing approach.
 COLLABORATION WITH PEPSI IN 1992.
  o Intention behind the collaboration was the govt. regulations
  to generate one dollar in export sales for every dollar it
  earned in India.
   o Pepsi agreed to distribute TBEL’s RTS products abroad and
   help TBEL upgrade its facilities
   o But in 1994 when the govt. abolished the export norms for
   MNCs, Pepsi walked out of TBEL.
    TIE UP WITH PBI
       In 1995, Preferred Brands International (PBI) launched
   five TBEL products in South California, & later expanded its
   business to other parts of Country.

PROBLEM FACED:
  a) Excessive Borrowings
  b) Poor response to its products
  c) Poor capacity utilization
  d) Loss reached to Rs. 96 million.
ACQUISITION BY HLL:
 By March 1997, TBEL was declared a sick unit & was
referred to BIFR
 Mr. Vasudevan thought to get TBEL deregistered from
BIFR by providing financial assistance.
 As a result TBEL’s net worth increased & the company was
deregistered from BIFR.
 In 1997, PBI took over TBEL & Appointed Mr. Nigam of
Britannia (as a president).
 By March 1997, TBEL was declared a sick unit & was
referred to BIFR
 Mr. Vasudevan thought to get TBEL deregistered from
BIFR by providing financial assistance.
 As a result TBEL’s net worth increased & the company was
deregistered from BIFR.
4 CS STRATEGY:
i)Concentration ii) Conversion iii) Collaboration  iv) Cultivation
It was planned to expand its business globally as well as in India.


TARGETING :
i)Geographic: It planned to enter the highly competitive US
Market through RTS food products.

ii)Demographic: It found that its potentional customers’s age
group was between 25-54.

iii) Psychographic: It changed the product according to the
local customer’s preferences.
MARKETING STRATEGIES:
i) Wider range of products
ii) Lowering advertising costs
iii) Focused on American’s understanding of Indian food.
iv) Slashed Product portfolio from 25 to 8 which were
familiar to American consumers
v) Products were renamed. Eg. Alu Chole to Bombay Potatoes
vi) Modification in packaging to suit customers requirements.
       Pack size changed to 285 gms which motivate customers
to give a products a try
vii) A store shelf accommodated 9packs as compared to 7
earlier.
EFFECTS OF MARKETING & TARGETING STRATEGIES:
i) Net Profit of 4.7 million
ii) Product demand increased
iii) Profit increased from three fold to Rs. 13.42 million
after a period.

ACHIEVEMENTS:
TBEL became the largest brand in RTS.
It gained the popularity.
Growth leaded to Market Expansion.
THANK YOU!!!
THANK YOU!!!

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Marketing mgt. gp no 3

  • 1. MARKETING MANAGEMENT Target Marketing in the USA SUBMITTED TO PROF. YASMIN SINGAPOREWALA
  • 2. Group Members: Name Roll No. Anuja Bambulkar 63 Ruchi Jain 76 Wasim Shaikh 109 Rahul Das 69 Maneesha S. Patel 96 Prasad Shukla 82
  • 3. INTRODUCTION:  A food service business company.  Manufacturing, & marketing, Ready to Serve (RTS) food products,  Processing vegetables and  Leasing cold storage facilities FOUNDER: Formed in 1986 by Ravi Ghai and Ravi Kiran Aggarwal. PRODUCTION COMMENCEMENT: Started in 1989 & launched its first RTS products in 1990. But Its products failed in Middle East, Russia and the US. due to lack of focus marketing approach.
  • 4.  COLLABORATION WITH PEPSI IN 1992. o Intention behind the collaboration was the govt. regulations to generate one dollar in export sales for every dollar it earned in India. o Pepsi agreed to distribute TBEL’s RTS products abroad and help TBEL upgrade its facilities o But in 1994 when the govt. abolished the export norms for MNCs, Pepsi walked out of TBEL.  TIE UP WITH PBI In 1995, Preferred Brands International (PBI) launched five TBEL products in South California, & later expanded its business to other parts of Country. PROBLEM FACED: a) Excessive Borrowings b) Poor response to its products c) Poor capacity utilization d) Loss reached to Rs. 96 million.
  • 5. ACQUISITION BY HLL:  By March 1997, TBEL was declared a sick unit & was referred to BIFR  Mr. Vasudevan thought to get TBEL deregistered from BIFR by providing financial assistance.  As a result TBEL’s net worth increased & the company was deregistered from BIFR.  In 1997, PBI took over TBEL & Appointed Mr. Nigam of Britannia (as a president).  By March 1997, TBEL was declared a sick unit & was referred to BIFR  Mr. Vasudevan thought to get TBEL deregistered from BIFR by providing financial assistance.  As a result TBEL’s net worth increased & the company was deregistered from BIFR.
  • 6. 4 CS STRATEGY: i)Concentration ii) Conversion iii) Collaboration iv) Cultivation It was planned to expand its business globally as well as in India. TARGETING : i)Geographic: It planned to enter the highly competitive US Market through RTS food products. ii)Demographic: It found that its potentional customers’s age group was between 25-54. iii) Psychographic: It changed the product according to the local customer’s preferences.
  • 7. MARKETING STRATEGIES: i) Wider range of products ii) Lowering advertising costs iii) Focused on American’s understanding of Indian food. iv) Slashed Product portfolio from 25 to 8 which were familiar to American consumers v) Products were renamed. Eg. Alu Chole to Bombay Potatoes vi) Modification in packaging to suit customers requirements. Pack size changed to 285 gms which motivate customers to give a products a try vii) A store shelf accommodated 9packs as compared to 7 earlier.
  • 8. EFFECTS OF MARKETING & TARGETING STRATEGIES: i) Net Profit of 4.7 million ii) Product demand increased iii) Profit increased from three fold to Rs. 13.42 million after a period. ACHIEVEMENTS: TBEL became the largest brand in RTS. It gained the popularity. Growth leaded to Market Expansion.