i Needs wants & Demands Kotler 15e. P 9
ii USP: the unique selling proposition (USP) or unique selling point is a marketing concept first proposed as a theory to explain a pattern in successful advertising campaigns of the early 1940s. The USP states that such campaigns made unique propositions to customers that convinced them to switch brands. The term was developed by television advertising pioneer Rosser Reeves of Ted Bates & Company. Theodore Levitt, a professor at Harvard Business School, suggested that, “Differentiation is one of the most important strategic and tactical activities in which companies must constantly engage.”[1] The term has been used to describe one’s “personal brand” in the marketplace.[2] Today, the term is used in other fields or just casually to refer to any aspect of an object that differentiates it from similar objects.
iii Marketing Mix known as Product, Price, Place, Promotion defined by McCarthy as base marketing operational tools. https://en.wikipedia.org/wiki/Marketing_mix#McCarthy.27s_4_Ps
iv https://www.ibef.org/industry/indian-food-industry.aspx
v Ministry of Food Processing Industries (MoFPI), Agricultural and Processed Food Products Export Development Authority (APEDA), Media reports and Press Releases, Department of Industrial Policy and Promotion (DIPP), Press Information Bureau (PIB), Confederation of Indian Industries (CII),Union Budget 2016-17, Union Budget 2017–18Note: ! - A joint report by IIM-Calcutta and Academic Foundation, @- India Food Report 2016, # – Venture Intelligence report, ## - According to a joint study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) and TechSci Research
vi https://en.wikipedia.org/wiki/Mavalli_Tiffin_Room
vii Marketing Mix known as Product, Price Place Promotion defined by McCarthy as base marketing operational tools. https://en.wikipedia.org/wiki/Marketing_mix#McCarthy.27s_4_Ps
viii The Food Safety and Standards Authority of India (FSSAI) plans to invest around Rs 482 crore (US$ 72.3 million) to strengthen the food testing infrastructure in India, by upgrading 59 existing food testing laboratories and setting up 62 new mobile testing labs across the country.
ix https://www.mtrfoods.com/products/mtr-snackup
x http://www.marketing91.com/marketing-mix-mtr-foods/
xi http://www.marketing91.com/marketing-mix-mtr-foods/
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3 http://www.beiersdorf.com/about-us/our-profile/strategy
4 http://www.beiersdorf.com/about-us/our-profile/our-core-values
5 https://fontsinuse.com/uses/3170/nivea-redesigned-identity-and-packaging
6 http://marketingpractice.blogspot.in/2006/10/nivea-gentle-care.html
8 https://www.slideshare.net/nikitasanghvi/nivea-case-study-7545830
11 http://www.afaqs.com/news/story/31209_Nivea-Centennial-celebrations-for-the-Cr232me-de-la-Cr232me
14 Euromonitor Passport 2016
15 http://www.campaignindia.in/video/nivea-salutes-moms-touch-supports-mothers-in-need/423126
1 Pidilite Industries Ltd( 2017). 2016 annual report of Pidilite Industries Limited. Retrieved from http://www.pidilite.com/company/financial_reports/pdf/annual_report_121_1.pdf
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6 TechSci Research (2014, June). India furniture market forecast and opportunities. Retrieved from https://www.techsciresearch.com.
Endnotes
1 ‘Food processing’ is mainly defined as a process of value addition to the agricultural or horticultural produce by various methods like grading, sorting and packaging. In other words, it is a technique of manufacturing and preserving food substances in an effective manner with a view to enhance their shelf life; improve quality as well as make them functionally more useful. Source: Ministry of Food Processing Industries, Government of India.
3 Ministry of Food Processing Industries (MofPI), Technical Report, December 2015.
4 Source: CII
6 Aachi in Tamil means Grandma
8 The company website: www.aachigroup.com
9 Masala in India denote a blend of ground spices that can be readily used for cooking.
10 Travelling sales people, who transport products in smaller vehicles to retailers / consumers in small quantities
References
1. https://www.ibef.org/industry/indian-food-industry.aspx
5. http://infobharti.com/tag/top-10-masala-brands-of-india
7. http://www.sakthimasala.com
Endnotes
1 Heat, Light, Power (HLPW) and Salaries, Welfare, Benefits (SWB) expenses are not considered while computing this variable cost.
2 Average Room Revenue
3 Variously called Fully or Flexible Independent Traveller
4 Company Volume Guaranteed Rate (CVGR) Letter is offered by the hotel to a client to use the hotel services at a special discounted rate for the high volume bookings agreed by the client]
References
1. http://www.frotels.com/info/no-need-use-public-washrooms/
2. http://www.frotels.com/info/hourly-hotel-booking/
3. http://www.economist.com/blogs/gulliver/2012/10/micro-stays
4. https://www.quora.com/What-is-a-micro-stay
1. https://www.warc.com/content/article/India_Twists,_Licks,_Dunks_with_Oreo/97608
2. http://m.businesstoday.in/story/how-kraft-foods-won-over-customers-in-china-and-india/1/193162.html
1. http://in.mondelezinternational.com/brand-family
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4. http://www.socialmediaexaminer.com/facebook-page-metrics/
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6. http://www.samacharjagat.com/category/wonder-cement/1
8. http://www.indianmirror.com/indian-industries/cement.html
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11. https://www.kulzy.com/work/151672/wonder-cement/brand-film/-storiesofwonder-wonder-cement/
Endnotes
1 It Is a small gift given to the guests at a wedding / party as a gesture of thanks for their attendance, a memento of the occasion. Also referred to as Wedding / Party Favor in Western culture
2 “The flourishing Indian Wedding Industry”, www.retail.franchiseindia.com
3 Marriage Market is used synonymously with Wedding Market
4 “The Big Fat Wedding Industry in India: Recap of 2015 and outlook for 2016”, The Business Insider
5 Only Hindu wedding practices are discussed in the case for better focus.
6 For more on Indian wedding, refer to www.indianholiday.com
7 http://www.thenational.ae/business/economy/india-weddings-a-billion-dollar-industry
8 “The Big Fat Wedding Industry in India: Recap of 2015 and outlook for 2016”, The Business Insider
9 “The flourishing Indian Wedding Industry”, www.retail.franchiseindia.com
10 Consists of betel leaves and nuts, haldi (turmeric), kumkum, coconut along with a gift, generally put together in a personalized pack
11 Referring geographical location of the regions. Generally the northern and western regions, including parts of east are commonly referred to as North India and the four states in the southernmost tip of the country constitute the South India
12 The capital city of Tamil Nadu, a southern state in India
13 A set of sweets and savories given as a part of Seer – includes apparels, jewelry, utensils, grocery, to the brides as a part of Indian custom
14 Boxes of chocolates / nuts etc., given along with the invitations or given to the family of the bride groom as soon as they come to the wedding venue
15 Used for packing bridal goods. Here for packing the Seer items
16 Given to the guests with Tambulya items and small packs of seer backshanam inside
17 Minakari or Enamelling is the art of painting, colouring and ornamenting the surface of metals by fusing over it brilliant colours that are decorated in an intricate design. www.iranreview.org
18 A type of traditional ear rings worn by Indian women on special occasions and festivals
19 Sweets and Savory set given as Seer (Ref: Footnote 13) that includes sweets like Ladoo, Mysorepak, Adirasam and snacks like Murukku. Thenkuzhal, Mixture
20 For this case it is predominantly traditions and customs of Tamil Nadu
References
4. http://www.thenational.ae/business/economy/india-weddings-a-billion-dollar-industry
5. www.iranreview.org/content/Documents/The_Art_of_Minakari_2.htm
6. https://www.indianholiday.com/wedding-tourism-india/reception-ceremony.html
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5. http://www.clfmaofindia.org/
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12 Ibid.
13 www.groupon.com/deals/sandy-s-sandwiches accessed on 17th October, 2013
14 Gupta, S, Keiningham, T., Weaver, R & Williams, L (2012), “Are Daily Deals Good for Merchants?”, Case No. 9 513 059, December 10, 2012.
15 Ibid.
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