Marketing Strategy of Parle G
Marketing Strategy of Parle G
Marketing Strategy of Parle G
JOSEPHIN DYNA
CONTENTS
Overview of biscuit industry
Major players in biscuit industry About Parle
Its Products
About Parle-G STP Marketing Mix Packaging Conclusion
been a significant growth in numbers of domestic and international biscuit companies in the industry.
About Parle
Established in 1929 1st brands Parle Glucose and Parle Monaco Market leader in many products 35% share of the total biscuit market and 15% share of the total confectionery market 14 manufacturing units for biscuits & 5 manufacturing units for confectioneries Parle has largest such manufacturing units in India Annual turnover 2000 crores It has provided its products to the mass with the affordable range.
Its Products
Biscuits
- Krack Jack - Monaco
- Kreams
- Milk Sakthi - Parle-G - Hide and seek - Milano - Coconut Cookies
CONT
Confectionaries
- Mango bite - Poppins
- Mango bite
- Kacha Manga - Kismi
About Parle-G
Parle G has been the undisputed leader in the
biscuit category for decades. The great taste, high nutrition, and the international quality, makes Parle- G a winner in the market. Times changed, variety of biscuits did come and go but nothing has changed with these biscuits. In 2013, Parle-G became India's first domestic FMCG brand to cross the 5,000 crore in retail sales.
Segmentation
Pattern of market segmentation : Clustered For e.g.
Monaco for entirely salty biscuits and its latest product Krackjack-cream is for sweet and salty taste. Geographic: Popular across world: India, Europe, UK, USA, Singapore, Canada. Demographic: All ages, All Income groups, All Religions. Psychographics and Behavioural: Every Class and Every Lifestyle.
Targeting
Parle-G is consumed by people of all ages, from the rich to the
wholesome meal, for some it's the best accompaniment for tea.
While for some it's a way of getting charged whenever they
CONT...
appeals to masses.
exciting advertising campaign. The campaign built around the concept that every child is a genius as long as it stays curious has gained everyones attention.
Positioning
As a value for price product and also as a low-priced
product. Generates respect and a belief of good quality in the minds of the buyers. A products position is a complex set of perceptions, impressions, and feelings that consumers have for the product compared with competing products.
Biscuit Consumption
Rural-urban penetration of Biscuit : Urban Market : 75% to 85% Rural Market : 50% to 65% Per capita consumption of Biscuits : INDIA 1.8 kg, South East Asian Countries 2.5 kg to 5.5kg USA 7.5 kg
Penetration strategy i.e. low price along with capturing of a large market
Also they focus on providing good
quality products at the same time, which means it uses the value pricing method.
The value-for-money positioning
CONT
Parle G is available in Re 1,Rs 2, Rs 4 to Rs 25 packet
Profit margin for distributors is 4% and for retailers is 10-
12%
Parle-G maintained its price of Rs.4.00 for the last 12
yrs & has seen the variation in its sales due to increase in price by mere 50p.
Place
The extensive distribution network, built over the years, is
most remote places and in the smallest of villages with a population of just 1500.
Parle has nearly 1,500 wholesalers, catering to 4,25,000
CONT
A two hundred strong dedicated field force services its
Promotion
Advertising - It was advertised mainly through press
ads. The communication spoke about the basic benefits of energy and nutrition.
In 1989 Parle-G released its Dadaji commercial which
their advertisements
CONT
In the year 2002, a national level promo - `Parle-G
Mera Sapna Sach Hoga' was run for a period of 6 months. The promo was all about fulfilling the dreams of children. Sales promotion
Public relations: In the year 1997, Parle-G sponsored
the tele-serial of the Indian superhero, Shaktimaan that went on to become a huge success.
Packaging
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