PMM Q&a
PMM Q&a
PMM Q&a
1. Product design
Product design is the four most important element in marketing the communication
needs & problems of the consumer have to be considered before marketing a new
product design.
2. Implementation of product
Once the decision is finalized about the design of the product more focus should be
there on communication with the production department regarding the
implementation of product features.
3. Pricing of Product
Pricing is the most important aspect of the product because it only decides the major
buying decision of the consumer. So if the product is very new to the market correct
& affordable pricing should be done.
4. Selection Of Layout
The layout is the place where actually the product /services will be availed so more
focus should be done on the exact location and layout.
Publicity means communication about the product and services for creating awareness
& demand for the product through publicity & Advertisement.
6. Distribution channel
Selling involves the actual challenge of marketing. The selling of products and
services involves different strategies like distribution through stores, salesmen,
Advertisements, Exhibitions, trade fairs, etc.
This begins after the product is marketed and sold collecting feedback regarding
satisfaction or dissatisfaction-related features like price, to make availability, etc it is
to make changes in the marketing mix.
Long-term customer retention requires the consumer to continually recognize the worth of
your offering. A customer success manager’s responsibility is to continuously show how your
product benefits the customer’s business. Because of this, a business plan must include value
In many cases, customers pay for the product’s perceived value. Cost and benefits are the two
main determinants of consumer value. A few examples of benefits are quality, popularity,
accessibility, convenience, and longevity. Customers may value your product or service more
if you increase benefits without raising prices. Always ensure that the benefits customers
receive from the product surpass the price they are paying for it. This maintains their
satisfaction and increases client retention. Helping customers achieve their goals is the major
aim of implementing the customer success strategy. And they cannot be measured until they
You must guide your audience through exposure through awareness and attention,
comprehension, evaluation and yielding, retention, and action when you provide value. This
response hierarchy model represents the route that leads someone from learning about your
Everybody is aware of what is indicated by a product’s “price.” But just as crucial for
strategic purposes is a product’s worth to the consumer, which is far less obvious because it
frequently relies on the customer’s subjective judgments. The most amount of money a
consumer would be willing to spend on a product is simply its value to them. In other words,
if a product’s price is more than its worth to the client, it is unlikely that the customer will
buy it. On the other hand, whenever a product’s value outweighs its cost, customers can get
Examples include products such as bottled water, laundry detergents, fast food, sugar and
magazines. As you can see, convenience products are those types of consumer products that
are usually low-priced and placed in many locations to make them readily available when
consumers need or want them.
These products require some specific marketing strategies. As they usually are quite
generic and easily replaceable, competition is extremely tough. At the same time,
differentiation is rather difficult.
A couple of key marketing strategies should be considered for this type of consumer product.
Firstly, prices should be low – in line or ideally below those of competing products.
Therefore, you would usually want to choose a competitive pricing strategy. Secondly,
promotion should target a large audience – nearly every household needs sugar.
However, most importantly, distribution must be widespread. You want to have your product
in as many different locations as possible – across different distribution channels, retailers,
and even within shops. For instance, you could want to sell your sugar in supermarkets,
convenience stores, mini-shops and so on. The goal is to be as close to the consumer and as
visible as possible. However, in this it is crucial to consider that the definition of convenience
has changed compared to the pre-digital era. Convenience once meant providing a product
within a reasonable walk or drive – just close to the consumer, so they can easily pick it up on
the way home from work or at a store nearby.
Today, Millennial and Gen-Z customers have different expectations. With all the technology
and on-demand culture these days, closeness and convenience are becoming redefined
rapidly. These consumers have grown up with the certainty that media and services are
available anytime, anyplace, at the push of a button. We could call this the Amazon Effect.
Unsought products are those consumer products that a consumer either does
not know about or knows about but does not consider buying under normal
conditions. Thus, consumers do not think about these products under normal
circumstances, at least not until they need them.
Most new innovations, freshly out of the new product development process, are
unsought until consumers become aware of them. Other examples of this type of
consumer product are life insurance and pre-planned funeral services etc.
How do you market products that consumers do not really think about? You have to
make them think about them. As a consequence of their nature, unsought products
require much more advertising, selling and marketing efforts than other types of
consumer products. In many cases, aggressive advertising and personal selling is a
requirement. Prices can vary a lot and really depend on the specific product. Ideally,
you apply the pricing strategy that is most suited to the product characteristics. All your
efforts should focus on creating awareness and a perceived need for your product.
Therefore, demonstrating the product, emphasizing its benefits and offering an
attractive price are key to success.
Which marketing strategies are relevant for specialty products? Here we are talking about
products with high prices, for which exclusive distribution in only one or a few outlets works
best. Promotion is more carefully targeted than for other product types to capture those few
consumers actually willing to buy such a special product.
Examples of shopping products include furniture, clothing, used cars, airline services etc. As
you can see, such products are a little more involving: they require more time, thinking and
investment than convenience products.
As a result, marketing strategies for shopping products are a bit different. They are usually
distributed through fewer outlets, but with deeper sales support in order to help customers in
the comparison effort. Also, the price is usually much higher than for convenience products.
Think about a used car – clearly this carries a different price tag than even the most expensive
sugar you can find on the shelves. In terms of promotion, you would typically consider more
targeted advertising, both online (e.g., Instagram ads) and offline (e.g., flyers, billboard ads
etc.). In addition, personal selling becomes a key strategy. Think about that used car again –
can you imagine the used car dealer trying to convince you to buy it?
8. At what stage of the product life cycle is “Frooti”? As a brand manager, what
marketing strategy will you design for this brand?
Product lifecycle of parle frooti:
1)Introduction stage- Frooti was launched in 1985, and it has been two decades but still it
holds the dominant position in the market. Frooti instantly caught the fancy of Indian
consumer with its tetrapack and some smart campaigns. Initially the drink was positioned
as a kids drink.Being a fruit drink frooti was considered to be healthy so within short span
of time the brand was an alternative to the unhealthy colas. Tetrapack extended its shellife
which was the biggest advantage.And very soon it became the market leader.
2)Growth stage-Frooti was positioned as a mango drink that is "fresh n juicy", for over 7
years the company promoted the product using the famous tagline. The product created
excitement in the market through a series of new variants and packaging. Lured by the
success of frooti, there was a lot of new launches in the market. Players like Godrej with
Jumpin , Kissan etc tried their luck but failed to dislodge frooti.
3)Maturity stage-In late 90's it reached its maturity stage, the brand was facing stagnation
in sales. The company tried to excite the market with an orange and pineapple variant but
both failed. So then came the experiment with packaging. The YO! frooti variant came with
a slim paper can aimed at the college going youth. Worried by the stagnant sales, parle
tried to reposition the brand to appeal to the youth aged between 16-21 years old.
4)Decline stage- Frooti still hasn't reached its declining stage, although frooti enjoys a
commanding market share i.e. 75%-85% ,it is still facing stagnation, Frooti may have to
reposition itself again to appeal to cola drinkers.
https://www.timetoast.com/timelines/product-life-cycle-of-parle-frooti
9. At what stage of the product life cycle is “Maggie”? As a brand manager, what
marketing strategy will you design for this brand?
Popular in many countries like Australia, New Zealand, South Africa, India, Nestle
wanting to explore the potential for such instant food/noodle brand in India,
launched Maggi in the year 1982. It took several years and lot of money for Nestle to
When Maggi noodles was launched in India it had segmented based on age and
urban families targeting kids, youth and office goers positioning itself as fast to
cook, 2 minute noodles, with the tagline of “taste bhi, Health bhi”. Positioning
however was not an issue, as no instant noodle had been launched in India, Maggi
In the initial stages, Maggi had high failure rates, frequent product modifications(to
adjust to Indian consumer), high marketing and product cost as they were trying to
build product awareness. With a lot of ups and downs and high failure rates, Maggi
Around 1985, the demand for Maggi had increased tremendously in India recovering
their developmental costs and increasing the sales rate. Maggi remained the
monopoly in the Indian Market till 1990, after which Top Ramen entered the market
10 years back Maggi had 50% of the market, In order to increase its sales again,
Maggi introduced a new flavour in 1997 which wasn’t well accepted by the consumer,
thus in 1999, Nestle re-launched its old flavour of Maggi, getting back on track in
terms of sales.
Over the years, Nestle has also introduced many products under the Maggi brand,
like the ketchups, soup, oats, pasta, more noodle flavours etc.
During it’s maturity stage, Maggi’s sales were at peak, production costs were low and
profits were high. In 2003, Hindustan Unilever Limited (HUL) was all set to take on
Nestle’s Maggi by launching a new category of liquid snacks under it’s food brand
Knorr Annapurna.
Priced aggressively at 5Rs, the new product called Knorr Annapurna Soupy Snax was
made available in 4 varieties. Like Maggi, it had a similar target market and
Also, Maggi faced tough competition from Top Ramen. That led to decline in sales,
Maggi reaching the peak and seeing the sales rate declining launched a series of
new products. While keeping price aggressive at 5 Rs and made the distribution
There were certain hiccups in the way- like the banning of Maggi. Due to high lead
content almost led us to believe that our favourite noodle brand is now off the shelf.
And may be reached its last phase, i.e., the decline stage.
Read the entire story of how Maggi escaped its death here!
But Nestle invested more in the research of Maggi and took corrective actions. For
Talking about the current scenario, After the world was hit by the Corona Virus
Pandemic In the year 2019, Maggi sales shot up by 25% as consumers stayed home
revenue in the year 2020 and 2021 is continuing to increase. Maggi therefore
escaped its death and climbed back from the decline stage and recovered well.
10. At what stage of the product life cycle is “Sensodyne”? As a brand manager, what
marketing strategy will you design for this brand?
11. At what stage of the product life cycle is “Maaza”? As a brand manager, what
marketing strategy will you design for this brand?
Maaza has today come to symbolize the very spirit of mangoes. Universally
loved for its taste, color, thickness and wholesome properties, Maaza is the
mango lover’s first choice.Maaza came up with different campaigns to
position itself as harmausamaam in the mind of consumer. More reviving
campaigns were introduced to sustain the brand in the market. However,
with more fruit drinks coming up ,Maaza is on its declining phase and is
introducing new innovative campaigns and pricing to sustain in the market.
12. At what stage of the product life cycle is “Parle-G”? As a brand manager, what
marketing strategy will you design for this brand?
I)Introduction Stage:
Parle-G was introduced in the year 1939 even before independence when the market was
dominated by famous international brands that were imported freely and no Indian brands.
Parle-G followed the price skimming strategy, thus keeping the price of the product low and thus
gained larger market share and lots of attention of the masses. In the introductory stage the paper
media was mainly used for advertising but the distribution channel was not that strong as the
company’s manufacturing facility was located in Vile-Parle, Mumbai so it was not able to cover
larger geographical area but Parle-G performed well in the area covered by it and attracted
masses.
● Growth Stage:-
was high.
● Maturity Stage:-
● Decline Stage:-
increased its price to Rs. 4.50 for 100gms. and Rs. 2.50
13. Develop a segmentation strategy for “premium shoe brand” by selecting four
sub-variables. Justify your selection.
Segmentation Strategy for a premium shoe brand -
Psychographic Segmentation -
● Lifestyle - if a shoe brand intends to design shoes for various sections of the
market such as athletes, office-goers, students, etc. Dividing groups according
to customers whose lifestyle revolves around cycling or running, those
individuals who prefer formal shoes, and similar other segmentation. This
way, the manufacturer can produce shoes that cater to every lifestyle, i.e. likes
or dislikes, which in turn will help in building a brand that develops shoes for
every market segment on the basis of lifestyle.
● Personality - the personality of people decides the product they like to
associate themselves with and so wearing shoes of a premium brand would
add more value to their personality.
● Opinions & Interests - people’s interests and opinions about brands play a
huge role in their purchase decisions hence, it's important to them that the
brands uphold their value, same is the case for any premium brand
● Social Status - the social status of people primarily decides the products they
use and their preferences (in general). Each social class has its choice of
clothes, shoes, food, cars, electronics, etc. For example, elitists would
generally prefer solitaires, luxury cars, holiday homes, etc.
14. Develop a segmentation strategy for “Carbonated Cola drink” by selecting four
sub-variables. Justify your selection.
Segmentation Strategy for a carbonated cola drink -
Behavioural Segmentation -
● Market Data
● Consumer Actions / Spending Habits
● Consumer’s decision-making patterns
● Customer loyalty (coca cola vs thumbs up)
15. Develop a segmentation strategy for “Taj hotels” by selecting four sub-variables.
Justify your selection.
Segmentation Strategy for Taj Hotels -
Geographic Segmentation -
● Physical location (palaces in Rajasthan and beach resorts in Goa)
● Climate
● Population
● Religion and Culture
16. Develop a segmentation strategy for the “coffee chain” by selecting four
sub-variables. Justify your selection.
18. What “positioning” strategy would you suggest for a “biscuit brand”? Justify.
Parle G was initially positioned as a source of health and nutrition. As the market
scenario changed, the positioning was changed to an energiser. For the strategy we
will carry out the 'G for Genius' campaign to appeal to the kids segment on the basis
of consumer insights and emerging trends.
19. What “positioning” strategy would you suggest for a premium shoe brand? Justify.
Market Positioning refers to placing the brand at the top list among its
competitors. Nike brand positioning statement clearly defines that Nike has
strategically positioned itself in the mind of the sportswear market. Everyone
believes that Nike provides innovative and premium products in the athlete
wear industry among all the existing brands in the market.
You will see that Nike market positioning is established as an ambitious and
victorious brand. Nike knows all the athletes’ needs, wants, and pain points.
Thus, it connects with them from heart to heart. This brand has created a
belief system in the mind of the entire market that they are the best in the
world.
20. What “positioning” strategy would you suggest for a “Carbonated Cola drink” brand?
Justify.
21. What “positioning” strategy would you suggest for a hotel targeted towards business
travelers? Justify.
22. What “positioning” strategy would you suggest for an organic ice-cream brand?
Justify.
Justification:
Growing demand for healthier options: There has been a growing trend of consumers
seeking healthier food options, and this has been especially true in the ice cream
category. By positioning its product as a healthier alternative to traditional ice cream,
the organic ice-cream brand can tap into this trend.
Differentiation: With the growing popularity of organic products, the market for
organic ice cream is becoming increasingly competitive. By emphasizing its health
and wellness benefits, the brand can differentiate itself from competitors and create a
unique and compelling value proposition for customers.
Relevance to target audience: Many consumers are willing to pay a premium for
healthier food options, and this is especially true for people who are health-conscious
or have dietary restrictions. By targeting this segment of the market, the brand can
attract customers who are specifically looking for healthier ice-cream options.
Overall, by positioning itself as a health and wellness brand, the organic ice-cream
brand can differentiate itself from competitors, tap into growing demand for healthier
food options, and appeal to a relevant target audience.
23. Develop a multi-channel of distribution for an electronic brand that sells TV. Justify
your choice.
A multi-channel distribution strategy for an electronic brand that sells TVs could
include the following channels:
Online Retailers: This channel would include selling products through popular
e-commerce websites like Amazon and Best Buy. This would allow the brand to reach
a large audience and offer convenience to customers who prefer to shop online.
Branded Stores: The brand could open its own stores in high-traffic areas such as
shopping malls, providing customers with an opportunity to see and experience the
products in person.
Electronic Retailers: The brand could partner with large electronic retailers such as
Best Buy, to sell its products in-store and online. This would allow the brand to reach
a wide audience and benefit from the retailer's established reputation and marketing
efforts.
Direct-to-consumer Sales: The brand could sell its products directly to consumers
through its own website and telemarketing campaigns. This would give the brand
more control over the customer experience and allow it to capture more value from
each sale.
Justification:
Reach: By using multiple channels, the brand can reach a wider audience and increase
its chances of attracting customers.
Customer Convenience: By offering multiple options for purchasing its products, the
brand can accommodate customers who prefer different channels and increase their
overall convenience.
Data Collection: By using multiple channels, the brand can collect data from a variety
of sources, allowing it to better understand customer preferences and tailor its
offerings accordingly.
Flexibility: By using multiple channels, the brand can respond more effectively to
changes in the market and adapt to new opportunities as they arise.
24. Develop a multi-channel of distribution for a dry fruit brand. Justify your choice.
A multi-channel distribution strategy for a dry fruit brand could include the following
channels:
Supermarkets: This channel would include selling products in major supermarkets and
grocery stores, allowing the brand to reach a large audience of customers who
regularly shop for groceries.
Health Food Stores: The brand could sell its products in health food stores, which
specialize in offering healthy and natural food options. This would allow the brand to
reach a target audience who are specifically interested in healthy food options.
Online Retailers: This channel would include selling products through popular
e-commerce websites like Amazon and other health food websites. This would allow
the brand to reach a large audience and offer convenience to customers who prefer to
shop online.
Direct-to-consumer Sales: The brand could sell its products directly to consumers
through its own website, offering customers the ability to purchase products directly
from the brand.
Justification:
Reach: By using multiple channels, the brand can reach a wider audience and increase
its chances of attracting customers.
Customer Convenience: By offering multiple options for purchasing its products, the
brand can accommodate customers who prefer different channels and increase their
overall convenience.
Targeting: By using channels such as health food stores, the brand can target a
specific audience who are interested in healthy food options.
Data Collection: By using multiple channels, the brand can collect data from a variety
of sources, allowing it to better understand customer preferences and tailor its
offerings accordingly.
Flexibility: By using multiple channels, the brand can respond more effectively to
changes in the market and adapt to new opportunities as they arise.
25. Develop a multi-channel of distribution for an electronic brand that sells mobile
phones. Justify your choice.
26. What customer relationship management strategies can be applied for a pharmacy
retailer? Justify.
Justification:
Overall, these CRM strategies can help a pharmacy retailer improve the customer
experience, increase repeat business, better understand customer needs, and increase
customer engagement. By implementing these strategies, the pharmacy retailer can
build strong, long-lasting relationships with its customers.
27. What customer relationship management strategies can be applied for a jewelry
retailer? Justify.
Customer relationship management (CRM) strategies that can be applied for a jewelry
retailer include:
Justification:
Overall, these CRM strategies can help a jewelry retailer improve the customer
experience, increase repeat business, increase customer engagement, and foster an
emotional connection with its customers. By implementing these strategies, the
jewelry retailer can build strong, long-lasting relationships with its customers.
28. What customer relationship management strategies can be applied for a toy retailer?
Justify.
Customer relationship management (CRM) strategies that can be applied for a toy
retailer include:
Justification:
29. What customer relationship management strategies can be applied for a cake shop like
“Monginis”? Justify.
Customer relationship management (CRM) strategies that can be applied for a cake
shop like Monginis include:
Justification:
Overall, these CRM strategies can help Monginis improve the customer experience,
increase repeat business, increase customer engagement, and foster an emotional
connection with its customers. By implementing these strategies, Monginis can build
strong, long-lasting relationships with its customers.
30. What customer relationship management strategies can be applied for a “Fab India”?
Justify.
Customer relationship management (CRM) strategies that can be applied for a brand
like Fab India include:
Justification:
Overall, these CRM strategies can help Fab India improve the customer experience,
increase repeat business, increase customer engagement, and foster an emotional
connection with its customers. By implementing these strategies, Fab India can build
strong, long-lasting relationships with its customers.
1. Agricultural inputs
2. Automotive
3. Aviation
4. Chemicals
5. Communication
6. Consultancy
7. Electronics
8. Energy
9. Engineering
10. Financial Services
11. Food products
12. Hospitality
13. Information Technology
14. Materials
15. Publishing
16. Trading
33. Illustrate the Product mix of ITC.
The product mix of Coca-Cola refers to the range of products that the company offers
to its customers.
Product mix width designates the number of product lines the company has (e.g. food,
beverages, household products, cosmetics, personal care goods, etc.). In the case of PepsiCo,
we can speak of two product lines–food and beverages–that cover 17 brands. Therefore, the
product width of PepsiCo is rather small although the length of each line is considerable
(Lang & Heasman, 2015).
The analysis reveals that the product mix of the company has a small product width;
however, PepsiCo’s reputation and growing popularity in the UAE (as well as in the Middle
East as a whole) gives a hope that the effectiveness of their marketing and advertising
strategies would make it possible to introduce other product lines, the success of which would
be determined by the overall reputation of the brand (Keller, 2014).
The product line designates the number of products manufactured by a company, which have
similarities in use, manufacturing, and market requirement, but are still different enough to be
singled out as separate brands. Since PepsiCo has only two product lines, they share the same
distribution channels, require similar production facilities, and target several similar groups
of customers through the same outlets (Laseter, 2017).
Product lining is the marketing strategy PepsiCo implements to offer for sale several related
products as separate brands, which increases its chances for recognition and attracts more
attention to potential customers. Unlike product bundling, presupposing that several related
products are combined into one, product lining intentionally emphasizes differences instead
of similarities. Each of the two lines of PepsiCo features products of different types, prices,
colors, tastes, and other characteristics (Lang & Heasman, 2015).
The total number of products within one line is referred to as the length of this line; when the
company adds a new product to one of the lines, it means that the length of the line gets
extended. As far as PepsiCo is concerned, its food group includes seven brands while the
beverage group consists of ten brands, the complete list of which runs as follows (Lang &
Heasman, 2015):
Foods:
Lays;
Cheetos;
Kurkure;
Lehar;
Quaker Oats;
Uncle chips;
Aliva.
Beverages:
7 UP;
Mirinda;
Pepsi;
Mountain Dew;
Nimbooz;
Slice;
Tropicana;
Aquafina;
Duke’s;
Gatorade.
For instance, the depth of Pepsi as the initial product of the company comprises
(Lang & Heasman, 2015):
Pepsi Free;
Pepsi Wild Cherry;
Diet Pepsi;
Caffeine Free Pepsi;
Caffeine Free Diet Pepsi;
Diet Wild Cherry Pepsi;
Pepsi Vanilla;
Pepsi One;
Pepsi NEXT Cherry Vanilla;
Pepsi NEXT Paradise Mango;
Diet Pepsi Lime;
Diet Vanilla Pepsi;
Pepsi;
Pepsi MAX;
Pepsi NEXT;
Pepsi Throwback.
As far as the second-largest brand, Lay’s Chips, is concerned, it also features a significant
depth: The product can be found in a number of different sizes and with different flavors,
including international and local ones. Those available in the UAE include (Laseter, 2017):
Other less popular flavors that can also be found in some stores include:
Chile Lemon;
French Salt and Cracked Pepper
Swiss Grilled Cheese.
Recently, there have also appeared baked chips, although innovation is not popular with
customers (Laseter, 2017).