Vora andCompany
A detailed case study & analysis
Problems of
theCase
1.What are the major problems faced byVora And
Company?
2.If you are appointed as a consultant by Mr.Vora, how
would you proceed?What kind of analysis would you
do?What inferences would you try to draw from your
analysis? How would you use your analysis and
inferences to come out with a plan of
recommendation?
Major
Problems
faced byVora
andCompany?
1.There was no proper research done before entering the business
in 1959.
2.Vora and Co. had a competitor called Ganesh Mills which
manufactured Quick cooking white oats.
3.There was no proper communication between Vora & Co. and the
Selling agents.
4.Inspite of high demand in South India for Oats, the sales
decreased because of unexperienced agents.
5.There was a problem with product packaging, Pricing and
Advertising.
1. Market
Research
Vora & Co. would proceed further by doing detailed market
research on Consumer Behaviour, Buying preferences, Marketing
Environment.
2.Competitor
(Ganesh Mills)
Vora & Co. have to compete with external environment in order to
capture the market share, by increasing the product quality,
advertising, changing the price and packaging.
3.
Communication
Gap
Vora & Co. will be communicating personally by organizing
meeting with agents of North & South India. Rather than only
communicating by mails.
This would increase the effectiveness of the agents towards
selling.
4.
Commitment
by agents
The agents in South India are not committed towards the sales,
which resulted in decrease in the sales though the demand was
high.
Vora & Co. will be appointing experienced agents for the entire
distribution in South India to push the sales.
5. Product
Packaging
Vora & Co. will be changing the product packaging, which is now
similar to that of competitor’s product.
The picture of a young smiling girl will be replaced by a housewife,
as this product is appealing to housewives.
The color scheme will be changed from Green and red to Blue and
cream.
The brand name “Blossom” will be printed on the front side of the
tin.
The tagline “Quick CookingWhite Oats” will be highlighted.
6. Pricing
AsVora & Co. is appointing an experienced SellingAgent in South
IndiaVora & Co. is increasing the commission to 11% from 10%.
This increased the rate of the product to Rs. 88 and profit by
Rs. 1.72.
6. Pricing
Cost per case Revised rate (Rs.) Old Rate(Rs.)
Material 24.12 24.12
Packaging 21.6 21.6
Other packing material 4 4
Direct Labour 5.4 5.4
Railway freight 4.8 4.8
Total Cost per case 59.92 59.92
500 cases per month (Direct) 29960 29960
Overheads per month (Indirect) 1015 1015
Total Cost per month 30975 30975
Sales (88*500 cases), (85*500 cases) 44000.00 42500.00
Commission &Trade Discount
(21 %,20%) 9240.00 8500.00
Sales less commssion 34760.00 34000.00
Profit for 500 Cases 3785.00 3025.00
Profit for 1 case 7.57 6.05
7.Advertising
As Vora & Co. have improved the product to make customers
aware, Vora & Co. will be advertising the product in radio,
newspaper etc.
Vora & Co. will be decreasing the marketing myopia and will be
concentrating more on customer demand and customer
feedback.
Conclusion
As Vora & Co. have improved the product to make customers
aware, Vora & Co. will be advertising the product in radio,
newspaper etc.
Vora & Co. would proceed further by doing detailed market
research on Consumer Behaviour, Buying preferences, Marketing
Environment.
This increased the rate of the product to Rs. 88 and profit by
Rs. 1.72.
THANKYOU


Vora & Co. detailed Case analysis

  • 1.
    Vora andCompany A detailedcase study & analysis
  • 2.
    Problems of theCase 1.What arethe major problems faced byVora And Company? 2.If you are appointed as a consultant by Mr.Vora, how would you proceed?What kind of analysis would you do?What inferences would you try to draw from your analysis? How would you use your analysis and inferences to come out with a plan of recommendation?
  • 3.
    Major Problems faced byVora andCompany? 1.There wasno proper research done before entering the business in 1959. 2.Vora and Co. had a competitor called Ganesh Mills which manufactured Quick cooking white oats. 3.There was no proper communication between Vora & Co. and the Selling agents. 4.Inspite of high demand in South India for Oats, the sales decreased because of unexperienced agents. 5.There was a problem with product packaging, Pricing and Advertising.
  • 4.
    1. Market Research Vora &Co. would proceed further by doing detailed market research on Consumer Behaviour, Buying preferences, Marketing Environment.
  • 5.
    2.Competitor (Ganesh Mills) Vora &Co. have to compete with external environment in order to capture the market share, by increasing the product quality, advertising, changing the price and packaging.
  • 6.
    3. Communication Gap Vora & Co.will be communicating personally by organizing meeting with agents of North & South India. Rather than only communicating by mails. This would increase the effectiveness of the agents towards selling.
  • 7.
    4. Commitment by agents The agentsin South India are not committed towards the sales, which resulted in decrease in the sales though the demand was high. Vora & Co. will be appointing experienced agents for the entire distribution in South India to push the sales.
  • 8.
    5. Product Packaging Vora &Co. will be changing the product packaging, which is now similar to that of competitor’s product. The picture of a young smiling girl will be replaced by a housewife, as this product is appealing to housewives. The color scheme will be changed from Green and red to Blue and cream. The brand name “Blossom” will be printed on the front side of the tin. The tagline “Quick CookingWhite Oats” will be highlighted.
  • 9.
    6. Pricing AsVora &Co. is appointing an experienced SellingAgent in South IndiaVora & Co. is increasing the commission to 11% from 10%. This increased the rate of the product to Rs. 88 and profit by Rs. 1.72.
  • 10.
    6. Pricing Cost percase Revised rate (Rs.) Old Rate(Rs.) Material 24.12 24.12 Packaging 21.6 21.6 Other packing material 4 4 Direct Labour 5.4 5.4 Railway freight 4.8 4.8 Total Cost per case 59.92 59.92 500 cases per month (Direct) 29960 29960 Overheads per month (Indirect) 1015 1015 Total Cost per month 30975 30975 Sales (88*500 cases), (85*500 cases) 44000.00 42500.00 Commission &Trade Discount (21 %,20%) 9240.00 8500.00 Sales less commssion 34760.00 34000.00 Profit for 500 Cases 3785.00 3025.00 Profit for 1 case 7.57 6.05
  • 11.
    7.Advertising As Vora &Co. have improved the product to make customers aware, Vora & Co. will be advertising the product in radio, newspaper etc. Vora & Co. will be decreasing the marketing myopia and will be concentrating more on customer demand and customer feedback.
  • 12.
    Conclusion As Vora &Co. have improved the product to make customers aware, Vora & Co. will be advertising the product in radio, newspaper etc. Vora & Co. would proceed further by doing detailed market research on Consumer Behaviour, Buying preferences, Marketing Environment. This increased the rate of the product to Rs. 88 and profit by Rs. 1.72.
  • 13.