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Course Code: MKT-5135
Course Teacher:
Prof. Dr. Mohammad Salek
 Established in 1966
 First razor blade “Balaka” manufacturer
 Monopolistic manufacturer until 1976
 Cheaper than imported razor blades
 Users from lower class & lower middle class
 Introduced “Balaka Super” in 1985
Improving quality a bit
Increasing price than Balaka
Targeting upper middle class users
Discontinuing sales of Balaka
Dramatically failing market
1
• Higher price than Balaka
2
• Change of target customer
3
• Product name selection
4
• Low ranged market survey
5
• Wrong market idea
6
• Stronger competitors
Recommendations for marketing B/S
Not banning Balaka out from market
Not neglecting lower class users
Selecting a different name
Analyzing competitor’s prices
Surveying in the rural areas
Not underestimating competitors
Balaka Blade (Bangladesh)
Balaka Blade (Bangladesh)

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Balaka Blade (Bangladesh)

  • 1. Course Code: MKT-5135 Course Teacher: Prof. Dr. Mohammad Salek
  • 2.  Established in 1966  First razor blade “Balaka” manufacturer  Monopolistic manufacturer until 1976  Cheaper than imported razor blades  Users from lower class & lower middle class  Introduced “Balaka Super” in 1985
  • 3. Improving quality a bit Increasing price than Balaka Targeting upper middle class users Discontinuing sales of Balaka Dramatically failing market
  • 4. 1 • Higher price than Balaka 2 • Change of target customer 3 • Product name selection 4 • Low ranged market survey 5 • Wrong market idea 6 • Stronger competitors
  • 5. Recommendations for marketing B/S Not banning Balaka out from market Not neglecting lower class users Selecting a different name Analyzing competitor’s prices Surveying in the rural areas Not underestimating competitors