FMCG is highly focused and is currently the soul of the consumer in the market. S Target ting is the key and dynamic measurement with innovation model leading towards growth
3. Meaning
Fast selling, low unit value, universal demand supplied
Daily needs satisfying the needs of the consumer
Right time & place
Contrasts with durable goods
Branding
Distribution Network
Contract manufacturing
Large unorganized sector
4. Top 10 FMCG Companies
• Hindustan Unilever Ltd.
• Indian Tobacco Company
• Nestle India
• GCMMF (AMUL)
• Dabur India
• Asian Paints
• Cadbury India
• Britannia Industries
• Procter & Gamble Hygiene and Health Care
• Marico Industries
10. Growth
a. Increased focus on farm sector .
b. Boosts rural income.
c. Betterment of infrastructure will improve supply chain.
d. Low per capita consumption.
e. Change the mindset of the consumers to branded products.
f. Amplified purchasing power in the countryside.
g. Rural India accounts more than 40% of FMCG categories.
h. They are into Personal care, Fabric and Hot beverages.
i. Urban areas records 66% on total FMCG – Household, feminine hygiene, food
segment, skin care.
11. Recent Developments
Indirect taxes constitute no less than 35% of the total cost of consumer products in
Asia.
Finance Minister proposed to introduce an integrated Goods and Service Tax by
April 2010 as it will directly proportionate to reduce the indirect taxes.
Reduction of duty on edible oil will have a positive impact on Marico.
Full exemption of excise duty on biscuits.
Reduction of custom duty on food processing machinery and their parts from 7.5%
to 5%.
Reduction of excise duty on food mixes from 16% or 8% to nil is positive for ITC.
FMCG plays a crucial role in Surgery.
14. Market Segmentation
Substantiality - refers to the size of segmented markets.
Accessibility – could be attained through existing channels of
distribution.
Representability – withstand the competitors.
Nature of demand – different quantities demanded by various
segment.
Measurability – changing behavior pattern of the consumers.
Responses – obtain feedbacks.
15.
16. “S” Targeting
Sell : Customer acquisition and retention targets.
Serve : Customer satisfaction targets.
Sizzle : Visit duration and site stickiness
Speak : Trialogue; number of engaged customer.
Save : quantified efficiency gains
17. Positioning in Services
Training
Technology implementations
Assessment internal and external
Notification
Policy
Incidental Response
Code Review
Penetration Testing
Compliance Auditing
Architecture Evaluation
Forensics
Security Research
19. Consumer Behaviour
Peter F. Drucker says, ‘It is the consumer who
determines what a business is … what the customer
thinks he is buying, what he considers to ‘value’ is
decisive - it determines what a business is, what it
produces and whether it will prosper”.
27. Career Opportunities and qualities
• Encompasses large number of market research
• Pricing and Product Development
• Brand Awareness
• Advertising
• Team Player
• Communication Skill set
• Numerical Skill
• Tactfulness
• Job Security
• Quick Experience
• Creativity needed