Thursday, October 24, 2019
Haldiramââ¬â¢s Operations: Business and Marketing Essay
Haldiramââ¬â¢s began as a tiny shop in Bikaner. In1982,it has set up a shop in Delhi Presently, $4million brand and is a familiar sight not only in India, but also on shelves across USA, UK, and the Middle-East. Positioning * Healthy and tasty ready to eat packaged food * Different varieties for South, North , east and west * Varying packet size ranging from 100g to 1Kg Marketing Mix Product Haldiram offers a various products as per customers requirement such as sweets, dairyproducts, snack sets. PRICE: Competitive price to penetrate the unorganized markets. Prices varies according to weights & type of Namkeens & rawmaterials. PLACE: Where customers can purchase the product is also an important factor in determining sales. It is available at Railway outlets & Retail Shops . It is also available in rural & urbanareas PROMOTION: High awareness among the customers . High brand loyalty for Haldiram products. POSITIONING: Haldiram offers ready to eat high quality readily available Indian snacks with excellent Packaging Target Group * Women ââ¬â Namkeens * Takatak & whoopies ââ¬â Kids * Sugar free sweets ââ¬â diabetic and health conscious customers The Marketing Mix Products * Haldiramââ¬â¢s offered a wide range of products to its customers. The product range includednamkeens, sweets, sharbats, bakery items, dairy products, papad and ice-creams (See ExhibitI for details of product range). However, namkeens remained the main focus area for thegroup contributing close to 60% of its total revenuesâ⬠¦ Pricing * Haldiramââ¬â¢s offered its products at competitive prices in order to penetrate the hugeunorganized market of namkeens and sweets. The companyââ¬â¢s pricing strategy took intoconsideration the price conscious nature of consumers in Indiaâ⬠¦ Place * Haldiramââ¬â¢s developed a strong distribution network to ensure the widest possible reach for its products in India as well as overseas. From the manufacturing unit, the companyââ¬â¢s finishedgoods were passed on to carrying and forwarding (C&F) agentsâ⬠¦ Promotion * Haldiramââ¬â¢s product promotion had been low key until competition intensified in the snack foods market. The company tied with ââ¬ËProfile Advertisingââ¬â¢ for promoting its products.Consequently, attractive posters, brochures and mailers were designed to enhance thevisibility of the Haldiramââ¬â¢s brand.
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