Department of Management Sciences (PUMBA) Savitribai Phule Pune University-07
Department of Management Sciences (PUMBA) Savitribai Phule Pune University-07
Topic
Assignment 1- Case study of Established Product/ New Product
Submitted by
FY MBA PBT (2020-22)
(Roll No. 20013, 20019, 20020, 20032, 20035 and 20040)
PAST DATA:
8. Achieved a unique milestone of selling the maximum number of biscuits.
9. Part of the Parle Product group, reported 15.2 per cent year-on-year growth in net profit for financial year 2018-19 .
10. Parle Biscuits' FY19 net profit was Rs 410 crore versus Rs 355 crore reported the previous year, according to Toffler.
11. Total revenue grew 6.4 per cent YoY to Rs 9,030 crore,
12. Brand Parle-G falls in the ‘below-Rs100 per kg’ affordable / value category – which accounts for one-third of overall
industry revenues and accounts for over 50% of sales volume.
13. During the lock down Parle-G increased its sale by 5%.
MARKETING STRATEGY:
• STP of Parle-G:
1. Segmentation- Psychographic and demographic segmentation strategies
2. Targeting- Parle-G which is a product for customers of all group and income while it has premium biscuits brand also
meant for middle/upper-middle income customers.
3. Positioning- Repositioned itself as a value based brand offering biscuits which have Indian origin and is known for
creating memories
• Competitive Advantage:
1. Pricing: Keeping price same from 1996-2006 without compromising on quality
2. Economies of scale : single Parle distributor can distribute many different products of Parle. The fixed costs remain the
same whereas variable cost increases which is always good for a company.
3. High TOMA: its packaging and its association with tele-series superheroes like Shaktiman, G-Man, and Junior G which
made it famous among people of all ages.
PRICING STRATEGY OF PARLE G:
1. keeping price low & constant and focusing on Market penetration.
2. Parle has maintained it’s price at Rs.4 for around 12 years which positioned a brand in customers mind extensively.
Priceline of Parle-G
Initially Parle was providing up to 100 gm. in Rs.5 pack, which get reduce by the time. In 2018 it was 78 gm. in Rs.5 but
today its 50 gm. This shows that though Parle keep price constant but vary the quantity to raise the revenue
QUANTITATIVE ANALYSIS:
• To more about our product and to do quantitative analysis we conducted the survey with questionnaire
and were able to get 280 responses.
1. 2.
35
30
25
33% Urban 20
Rular 33.1 30.6
15 29.2
67% 10
5
6
3. 4. 0 1.1
Daily Weekly Monthly Occasionally Festival
1%
2%
29% 17%
Taste Ingredients
Price Family and Friends
52% Advertisement
Quality 19%
Packaging 61% Attractive Display
17%
5. 6.
3%
8%
5%
5%
6%
Parle-G
Britannia Tiger
Parle-G
Sun feast
Hide & Seek
Horlicks Biscuits
30% Crack & Jack
Milano
59%
84%
7. 8.
4%
25% 28%
Postpone the Purchase
29% Yes
Purchase other biscuit
from Parle No
Go to other Shop
42%
THANK YOU.