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The Industry
Initially focused on producing large cans. Tin Mill Black Plate(TMBP) imported till 1997 by TCIL. Tinplate Prime and Tinplate Secondaries. Market Size-210,000 Metric tones per annum. Lack of knowledge attributed to high Secondaries sales.
Market Segmentation
TCIL supplied tinplate in 4 major segments: Edible oil cans Soft drink crowns Processed food Batteries Competition from PET, plastic, paper, aluminum, Tetra Pak
Processed Foods
16.67% market share. Moderate growth rate: 10% in 1997. TCIL had healthy relationship with Nestle and Brooke Bond(22% market share). High profit margin (5500 Rs per MT). Perceived threat from alternate packaging.
Batteries
Relatively low market share : 4.76%. Very high growth rate. Battery manufacturers demanded absolute specification and quality. Dominated by Foreign players. TCIL ranked best in pricing of batteries. No threat from alternate packaging. High profit margin (6000 Rs per MT).
What strategies can TCIL formulate based on Organizational buying behavior concepts?
Focus more small packaging. Keep the edible oil prices stagnant. Also, make the consumer aware.