began its journey in 1984 as a small initiative but in 2006 its probability has reached to Rs 1.4 crore. Its founder is K.S. Ramanath HISTORY Ups and downs in Kamaths schools life Split with his brother and their business A new beginning
CHALLENGES Difficulties in the process Lack of education Innovating and introducing new flavors Competition with other ice cream brand INDIAN ICE CREAM MARKET Segmentation of ice cream market Major Brands
SWOT ANALYSIS Strength Weakness Opportunity Threat SWOT STRENGTHS: Low price among all the branded ice creams Innovative and unique 100% vegetarian keeping in mind the sentiments of Indian people No preservatives and fresh Creamier & richer taste WEAKNESS No promotional activity only word of mouth publicity. Hand made manufacturing process. Limited to the cities of Maharashtra and Gujarat. Perishable within 10 days. Awareness about this brand only among young people
Opportunities:
Expansion strategy.
Experimenting with new& unique flavours.
THREATS: Domestic competitors- Kwality Walls, Amul ,& mother dairy. Foreign competitors- Gelato Vinto , Amore , Baskin Robbins Unawareness about the brand. Maintaining the taste of the ice- cream.
INVOLVEMENT OF 4PS Product Quality denser, creamier and richer Product Variety many flavours Feature 100% Veg Warranties 10 days of expiry Services good ambience , courtesy and home delivery
Price List price - 28 Rupees per scoop and 5 rupees for waffle cone 4Ps Promotion Public Relation- Listens to all the suggestions given by the customer Advertising and sales promotion Mouth publicity Place Transport company has many branches in the cities of Maharashtra and Gujarat Locations Situated in malls Coverage In cities like Mumbai , Nasik , Pune and Ahmedabad Segmentation Variables For Consumers Of Natural Geographic: Region West City Class1
Demographic: Age 12 to 34 yrs Income middle , upper middle and high Education and Occupation = S.E.C. i.e. A1,A2 , B1 , B2
SEGMENTATION Psychographic: Culture and health oriented
Behavioural: Occasions-special and regular Benefits-Quality and services Usage rate-light Readiness stage-aware and informed Attitude towards product- Positive
RECOMMENDATIONS Company should go for expansion strategy by adopting various techniques- Franchising For faster expansion, better penetration Less investment ensures more management focus on key areas Collaboration Company can do tie-up with various fast food chains