Professional Documents
Culture Documents
In our country many organizations are performing a lot of activities to make efficient and effective their working condition or make the organization profitable through marketing and taking so many challenges. Along with this they are also very much concerned about their promotional activities. The PRAN Agricultural Marketing Company Limited is one of them who are performing their marketing strategy very effectively.
LIMITATION
Because of the lacking of sufficient data and keeping the information secret by the company, we have not been enabled to cover all the parts very clearly and perfectly.
METHODOLOGY
To prepare the report, supportive information is gathered from the following sources:
1.PRIMARY SOURCES:
Primary sources mostly include company Marketing Executive. records and interviews with the
2.SECONDARY SOURCES:
The secondary sources include: Annual Reports of PRAN. Website of the observed company - www.pranfoods.net.
PRAN is the pioneer in Bangladesh to be involved in contract farming and procures raw material directly from the farmers and processes through state of the art machinery at our several factories into hygienically packed food and drinks products. The brand PRAN has established itself in every category of food and beverage industry and can boost a product range from Juices, Carbonated Drinks, Confectionery, Snacks, and Spices to even Dairy products.
Today, PRAN its authentic refreshing juice drinks products, but also for its mouth watering quality confectionery products with high visual appeal and exciting texture. We intend to expand our presence to every corner of the world and strive to make PRAN a truly international brand to be recognized globally.
MISSION
Poverty and hunger are curses.
OBJECTIVES
To generate employment and earn dignity and self-respect for our compatriots through profitable enterprises.
1. FINANCIAL OBJECTIVE
To earn an annual Return on investment (ROI) over next years of 21.31 million after tax. To provide dividend @ 28% to the shareholders for the year 2007-2008.
2. MARKETING OBJECTIVE
To occupy the market as a market leader through creating brand equity. To earn customer satisfaction and build positive image by maintaining the quality of product and transparency in dealings with high quality of service.
STRENGTH
AMCL has good quality and hygienic products. It has advanced technology. Pioneer in manufacturing high quality beauty and personal care products in this subcontinent. Strong and qualified management. Commitment to be directed towards to quality service. Competitive price/commission. Trained salespeople and committed employees to customer. Forward looking and continuous development. Organizational culture to value the customers most.
WEAKNESSES
Difficult to manage large employees. High cost for the training of the salespeople. Less attractive packaging in case of some laundry shop. Absence of teamwork between branches. Heavily depends on head office for decision making. Lack of incentives and rewards from the management
section.
OPPORTUNITIES
Expand market internationally. It can Increase the demand in the customer mind through most visible advertising. Through huge investment in potential country. To relate the management properly.
THREATS
Some other company (like ACME, Akij). Countrys strict rules and regulations. Customer awareness of pricing and service. Political stability breakdown the outcome result.
Juice Refundabl e glass bottle (1) Aseptic Pack (2)* Hot filled pet Bottle (3) Tin canned (4) Nonreturnabl e glass bottle (5)
PRAN mini juice (65ml), PRANjuniorjuice(125ml), PRAN juicepack(125ml), PRANpremium(200ml), PRANclassic(200ml),PRANp remium juice(250ml),PRAN classic juice(250ml),PRAN premium juice(1000ml), PRAN classic juice(1000ml)
Fruit cocktail, pineapp le. mango, tamarin d, orange, banana, guava, coconut
Power Drink
Drink Fruit drink Fruit Shape,Toy Shape (50ml), litchi Orange (120ml), Litchi, Fruit Cocktail, Mango, Pineapple, Lemon, Orange, Strawberry, Apple(170ml), Fruit Cocktail, Pineapple, Orange, Strawberry, Litchi (400ml), Instant powder drink Orange, Mango, Lemon, Strawberry, Pineapple, Komla Pure drinking water Mineral Water 600ml, Mineral Water 1500ml, Mineral Water 2000ml
Confectionary Candy Lollipop Instant consumable jelly Deposited candy, hardboiled candy, medicated candy, chewing-gum, soft chew candy, chocolate and toffee Hand Lollypop, Lollipop Sticks, Star Lollipop, Whistle Lollipop Fruit Magic, Fruit Magic Plus, Love Jello, Magic Cup, Magic Cup Plus, Magic Stick Food bar Peanut Bar, Mango Bar
Culinary
spice
Mix
Pickl
tea
nood les
Other s
Snacks Biscuits and bakery Biscuits, wafer, toast, cakes Chanachur, dal, Chicken Bite, chotpot, alubjujia, Potato Chips, badam bhaja, ChotPot SolderCrackers, Machmacha Junior Crackers Fried snacks Pallet snacks Puffed snacks Ringo Chips, Hot & Sour Other ethnics Chira laddu, muri moa
Flavored Milk Chocolate, Flavored Milk Mango, Premium Ghee, Pasteurized Milk Mango, Pasteurized Milk Chocolate
on net income, dividends, and stockholders equities. Table 16: Financial Performance
Earning Per Year 2004 2005 2006 2007 2008 Share 50.39 50.96 33.90 36.66 44.94 Net Profit After Tax (value in 000 Taka) 29,839 36,088 24,580 28,519 35,950 Price Earning Ratio 10.39 10.19 10.67 10.44 25.41 Dividend (%) 24 26 26 26 28
PLACE
The AMCL has already captured all over the country. It has distributed its product from urban to rural area. All people are also habituated with that product. As it is a consumer products so every people needs it. From child to old, each person feels its necessity. So its coverage all over the country and all kinds of people. And finally it has also enabled to do that. Almost it follows mass segmentation.
CONCLUSION
PRAN is currently the most well known household name among the millions of people in Bangladesh and abroad also. Since its inception in 1980, PRAN Group has grown up in stature and became the largest fruit and vegetable processor in Bangladesh. It also has the distinction of achieving prestigious certificate like ISO 9001:2000, and being the largest exporter of processed agro products with compliance of HALAL & HACCP to more than 70 countries from Bangladesh. PRAN is the pioneer in Bangladesh to be involved in contract farming and procures raw material directly from the farmers and processes through state of the art machinery at our several factories into hygienically packed food and drinks products. The brand PRAN has established itself in every category of food and beverage industry and can boost a product range from Juices, Carbonated Drinks, Confectionery, Snacks, and Spices to even Dairy products. PRAN mango juice is one of the most popular brands in the country. Over the years, though its hard work and efficient operations and marketing efforts, KAML has established itself as one of the major foods company in Bangladesh Now its position is the market leader of the country. And it has covered the maximum market share of the country in respective to the field. At the end, it can be said that although AMCL is recognized as a most promising sector in Bangladesh, there is still scope for further improvement.