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MARKET RESEARCH ON
“PARAG MILK FOODS PVT. LTD.” ON
“HO-RE-CA” BUSINESS
PREPARED BY – AVINANDAN KARMAKAR
JSB (R14-06-008)
INTRODUCTION
PARAG IN HYDERABAD:
• Introduced before 3 years ago.
• Become 6cr. turn over company
Within 3 years.
• Long range of products for HO-RE-CA.
• Giving competition with other
National & international diary
Companies.
PRODUCT RANGE FOR “HO-RE-CA”:
MARKET SHARE IN HO-RE-CA
BUSINESS IN HYDERABAD:
OTHERS
13%
AMUL
50%
PARAG
17%
BRITANNIA
3%
HERITAGE
4%
VIJAYA
13%
MARKET SHARE
VIJAYA
AMUL
PARAG
BRITANNIA
HERITAGE
OTHERS
Market share of PARAG in East
Hyderabad :
8%
20%
8%
19%
17%
3%
2%
2%
17%
MARKET-SHARE
MILCH
VIJAYA
VIMAL
AMUL
PARAG
BRITANNIA
THIRUMALA
JERSEY
HERITAGE
OTHERS
Main Competitors:
CONCLUSION REGARDING DATA
ANALYSIS:
 PARAG GROWING THEIR BUSINESS RAPIDLY
 INEFFICIENT CLIENT HANDLING CREATES
NEGATIVE IMPACT
 CURRENTLY HAS AROUND 17% SHARE & CAN
GROW THEIR BUSINESS 20-25%
 60% NON-EXISTING CLIENTS ARE THERE FROM
WHICH 30% CLIENT CAN BE CONVERTED
 PRICING POLICY AND SUPPLY BETWEEN
GT/MT & INSTITUTION
 ONLY GIVING MORE FOCUS ON CHEESE WHILE
OTHER PRODUCTS REMAIN NEGLECTED
SWOT ANALYSIS:
STRENGTH:
QUALITY
TASTE
UHT TREATED
LOW FAT
NO ADDED PRESERVATIVES
MAXIMUM SHELF LIFE
100% COW MILK
WEAKNESS:
LESS MANPOWER
INEFEECTIVE SUPPLY CHAIN
INTERRUPTION BETWEEN GT/MT &
INSTITUTION
DIFFERENT OFFERINGS FOR GT
/MT & INSTITUTION
PRICE SENSETIVE MARKET
OPPURTUNITY:
LARGE MARKET, HUGE POSSIBILITY
MORE PRODUCTION TO SUPPLY
MORE
LARGE RANGE
INTRODUCTION OF LASSI & ICE-
CREAM
PROMOTION FOR INCREASE IN
MARKET SHARE
THREATS:
LARGE NUMBERS OF
COMPETITORS
SAME RANGE OF PRODUCTS IN
LOWER PRICE
PRICE SENSETIVE MARKET
SWITCH OVER OF OLD CLIENTS
RECOMMENDATION:
 OFFERING SCHEMES, SPECIAL DISCOUNTS
 OFFERING ATTRACTIVE SCHEMES THAN RIVAL
COMPANIES
 CREATE BRAND IDENTITY
 PRODUCT DIFFERENTIATION
 PROPER GUIDELINES FOR GT/MT & INSTITUTION
 AVAILABILITY OF SAMPLES
 OPEN GO & GOWARDHAN OUTLETS FOR DIRECT
SELLING
 NOT ONLY DEPEND UPON PUSH STRATEGY, USE
EFFCTIVE PULL STRATEGY
RECOMMENDATION:
 TARGET LOWER SEGMENT ALSO
 FOLLOW RIVALRY’S POLICIES
 PRODUCTION OF LOW RANGE PRODUCT
ALONG WITH THE HIGH END PRODUCT
 AVOID MISCOMMUNICATION
A project on PARAG MILK FOODS PVT. LTD. on ho-re-ca business

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A project on PARAG MILK FOODS PVT. LTD. on ho-re-ca business

  • 1. MARKET RESEARCH ON “PARAG MILK FOODS PVT. LTD.” ON “HO-RE-CA” BUSINESS PREPARED BY – AVINANDAN KARMAKAR JSB (R14-06-008)
  • 2.
  • 3. INTRODUCTION PARAG IN HYDERABAD: • Introduced before 3 years ago. • Become 6cr. turn over company Within 3 years. • Long range of products for HO-RE-CA. • Giving competition with other National & international diary Companies.
  • 4. PRODUCT RANGE FOR “HO-RE-CA”:
  • 5. MARKET SHARE IN HO-RE-CA BUSINESS IN HYDERABAD: OTHERS 13% AMUL 50% PARAG 17% BRITANNIA 3% HERITAGE 4% VIJAYA 13% MARKET SHARE VIJAYA AMUL PARAG BRITANNIA HERITAGE OTHERS
  • 6. Market share of PARAG in East Hyderabad : 8% 20% 8% 19% 17% 3% 2% 2% 17% MARKET-SHARE MILCH VIJAYA VIMAL AMUL PARAG BRITANNIA THIRUMALA JERSEY HERITAGE OTHERS
  • 8. CONCLUSION REGARDING DATA ANALYSIS:  PARAG GROWING THEIR BUSINESS RAPIDLY  INEFFICIENT CLIENT HANDLING CREATES NEGATIVE IMPACT  CURRENTLY HAS AROUND 17% SHARE & CAN GROW THEIR BUSINESS 20-25%  60% NON-EXISTING CLIENTS ARE THERE FROM WHICH 30% CLIENT CAN BE CONVERTED  PRICING POLICY AND SUPPLY BETWEEN GT/MT & INSTITUTION  ONLY GIVING MORE FOCUS ON CHEESE WHILE OTHER PRODUCTS REMAIN NEGLECTED
  • 9. SWOT ANALYSIS: STRENGTH: QUALITY TASTE UHT TREATED LOW FAT NO ADDED PRESERVATIVES MAXIMUM SHELF LIFE 100% COW MILK WEAKNESS: LESS MANPOWER INEFEECTIVE SUPPLY CHAIN INTERRUPTION BETWEEN GT/MT & INSTITUTION DIFFERENT OFFERINGS FOR GT /MT & INSTITUTION PRICE SENSETIVE MARKET OPPURTUNITY: LARGE MARKET, HUGE POSSIBILITY MORE PRODUCTION TO SUPPLY MORE LARGE RANGE INTRODUCTION OF LASSI & ICE- CREAM PROMOTION FOR INCREASE IN MARKET SHARE THREATS: LARGE NUMBERS OF COMPETITORS SAME RANGE OF PRODUCTS IN LOWER PRICE PRICE SENSETIVE MARKET SWITCH OVER OF OLD CLIENTS
  • 10. RECOMMENDATION:  OFFERING SCHEMES, SPECIAL DISCOUNTS  OFFERING ATTRACTIVE SCHEMES THAN RIVAL COMPANIES  CREATE BRAND IDENTITY  PRODUCT DIFFERENTIATION  PROPER GUIDELINES FOR GT/MT & INSTITUTION  AVAILABILITY OF SAMPLES  OPEN GO & GOWARDHAN OUTLETS FOR DIRECT SELLING  NOT ONLY DEPEND UPON PUSH STRATEGY, USE EFFCTIVE PULL STRATEGY
  • 11. RECOMMENDATION:  TARGET LOWER SEGMENT ALSO  FOLLOW RIVALRY’S POLICIES  PRODUCTION OF LOW RANGE PRODUCT ALONG WITH THE HIGH END PRODUCT  AVOID MISCOMMUNICATION