Primary as well as Secondary Research has been done for this Marketing Project with talks about 4Ps, STP , Swot analysis of Parle-G buscuit giving few recommendations for future .
3. INTRODUCTION
First product introduced by the company Parle.
Production began in 1939.
Its original manufacturing unit is in Mumbai.
For Parle, Parle G remains the flagship and the number one
brand.
The illustration of the little girl remains with Parle for now like
80 years.
Currently Parle G is valued over Rs. 2000Cr.
Its current market share is 70% of the entire glucose biscuit
industry.
4.
5. PRODUCT
Parle-G has been a
source of all-round
nourishment for the
nation since 1939.
Parle-G was declared
the world’s largest
selling biscuit brand by
Nielsen in 2003.
PRICE
Market Penetrating
Strategy- Low price
Volume strategy
6. PLACE
Big metropolitan
cities to the remotest
and smallest of
villages.
Focus more on rural
and sub urban areas
PROMOTION
Packaging that is easily
recognizable, the girl
has become
synonymous with the
brand name.
• Parle-G uses all media
likeTV, print, online ads
• Target children by
sponsoring shows like
Shaktiman.
7. STPs
SEGMENTATION
Geographic
Demographic
Age
Occupation
TARGETING
All age groups
Rich or poor
Urban as well as rural
POSITIONING
Loyal customers
Good quality
Value for price ( Low
cost)
8.
9. STRENGTHS
• Indian connection
• Customer satisfaction
• Desi image
• pricing
OPPORTUNITY
• Increase marketing
communications
• Start a premium range
• Use distribution for more mass
products
• Widen manufacturing base to
more countries
WEAKNESS
*Missing premium range biscuit
* Manufacturing bottlenecks
* Regional players
THREATS
• Consistent competition
• Rising Income
• Rising cost
• Mature market
10. PORTER’S FIVE FORCES MODEL
THREATOF NEW
ENTRANTS
Low as entry barriers are
high.
THREATOF SUBSTITUTES
Household snacks
Bakery biscuits
Toasts
BARGAINING POWER OF
SUPPLIERS
Less as large number of
sellers are present
BARGAINING POWER OF
BUYERS
High bargaining power
due to excellent
competition
Low switching cost
COMPETITORS
Large number of
competitors
BritanniaTiger
ITC’S Sunfeast
11. PROJECT OBJECTIVES
• To comprehensively research and study about Parle G.
• The study aims to analyse the market share and growth of the
product and also conduct a SWOT analysis.
• The stress has been put to know about the perception and
behaviour of customers and retailers towards Parle G.
12. RESEARCH METHODOLOGY
• Primary and Secondary data
• Mix of customers and retailers responses recorded in a questionnaire.
• Secondary sources such as various internet websites.
13. CUSTOMER ANALYSIS
• Price most important factor while purchasing
biscuits
• Parle G price and taste most favourable
factors
• Rated 3/5 in overall favourability rating
14.
15.
16. RETAILER ANALYSIS
• Parle G and Hide and seek highest selling
Parle biscuits
• On an average 10,000 units are sold in a
month per retailer.
17. RECOMMENDATIONS
• Market the product as a healthier alternative to its competitor products
• Improvising packaging of biscuits
• Improve distribution network