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    PREFACE

    Management is an on going process and most happening

    thing in life. This process even becomes important when we

    are talking about the real business operation.

    Retailers attitude is one of the most crucial areas of

    management. We have tried to inculcate some of the

    frequently; asked question by retailers survey.

    Moreover, being a namkeen food industry, we had an

    exposure to the Retailers attitude of food processing industry.As we know, /retailers attitude by industry to industry. Each

    industry has its unique factor for Retailers attitude.

    Thus, we have tried out best to put our efforts in the form

    of this report. We welcome the suggestions and insights, which

    can enhance the quality of report.

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    ACKNOWLEDGEMENT

    I am really delighted to express few works for them who

    have given a great support in preparing this report. It is

    successful. Due to not only our efforts but also with co-operation of the Faculty of GEETANJALI COLLAGE who

    had an important hand with my efforts.

    I am highly thankful to out professor Mr. Nirav S. Joshi

    for providing information and giving guidance on different

    aspects in the best way in preparing report on Marketing and

    Product Mix. All the data given for the project, was just

    because of his courtesy. Not only that but he also authorizeduse to contact him at any point of time.,

    Ultimately, I am really thankful to our director Mr. S. M.

    Jani and I had approached the Mr. Jay Sachdev from Balaji for

    the information related to the report and he provided all the

    colors of the report. Stickers, all the price list and I mean to say

    are his co-operation.

    I am really thankful to all those people who are directly or

    indirectly helped me to prepare the report more powerful.

    Last but not least I would like to thank my friends for

    extending great support through out the project.

    Date :

    Place: Rajkot.

    Signature

    (Dave Hetal )

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    BRIEF HISTORY

    Generally, FMCG refers to consumer on-durable goods

    required for daily or frequent use. The sector touches every

    aspect of human life, from looks to hygiene to palate. Perhaps,

    defining and industry whose scope is so vast is not easy. The

    food processing industry, due to spending habits of people,

    lifestyles, fast environment and others factors, Food industry

    have got more a thrust and this has brought about a change I

    the attitudes of Food industry I all over the world.

    The prospects in the Food industry are very bright both inIndia and abroad. The change in consumer behavior is a big

    boost to the Food industry. A country like India has strong

    potentials for food industry. Every nook comer of the country

    is different in terms of culture and consumption patterns,

    which has to e explored and enjoyed. To cover all these

    aspects, a user-friendly platform is required so that people can

    get their dreams, which cannot possible without such kind ofplatforms.

    On the other the changing environment such as life style

    of people, culture, trends and traditions, seasonality, festivals

    and changing habits of people has opened he new door of

    business, which required good health products/services,

    satisfaction, relationship and commitments by Food industry.

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    The Food Processing Industry has been identified as a

    thrust area for development. This industry is included in the

    priority lending. India is worlds second largest producer of

    food and has the potential to become number one in due course

    of time with sustained efforts.

    The growth potential of this sector is enormous and it is

    expected that the food production will double in the nest 10

    years and the consumption of value added food products would

    grow at a fast pace. This growth of the Food Processing

    Industry will bring immense benefits to the economy, raising

    agricultural yields, meeting productivity, creating employmentand raising he standard of very large number of people

    throughout the county, especially in the rural areas.

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    COMPANY OVERVIEW

    Name of the unit :- Balaji Wafers Pvt. Ltd.

    Plant addres :- Vad-Vajdi, Kalawad Road,

    Rajkot 360 003.

    Telophone & Fax No. :- +91-281-2783755/2387132.

    +91-281-2783747.

    E-Mail Address :- [email protected]

    Established year :- 1982

    Size of the organization:- Medium Sale Idustry

    Form of organization :- Privet limited.

    Bankers :- SBI commercial Bank.

    Auditors :- DK Patel & Company

    Weekly off :- Wednesday

    Shift :- 1

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    ORGANIZATION CHART

    Chairman

    Mr. Bhikhubhai Virani

    Managing Director

    Mr. Chandubhai Virani

    General Manager

    Mr. Hiteshbhai Virani

    Finance

    Manger

    Production

    Manager

    Marketing

    Manager

    Computer

    persons

    Acc. staff Sup.staff Production

    in charge

    Workers Labours

    Executive

    marketing

    Others.

    Sales

    executives

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    COMPANY PROFILE

    The Success Story of Balaji Wafers Pvt. Ltd.

    The company has been engaged in production of

    delicious and nourishing food products, which have acclaimed,

    varni response of people of Gujarat. It produces Wafers and

    Namkeen in its unparalleled and latest fully automatic plant

    and having good quality for each product.

    Brief History of the Company

    Most of the growing companies have a modest

    beginning. The infancy of the company began twenty yearsago in 1982 with the efforts of Mr. Popatbhai sons, Mr.

    Meghjibhai, Mr. Bhikhubhai, Mr. Chandubhai and Mr.

    Kanubhai the members of their family. The initial business was

    started in canteen of Astron Talkies. Then it acquired a small

    place with every limited investment wit indigenous frying

    method. Thereafter, a semi-automatic plant was established

    with production capacity of 200 kg per hour. Finally, a fullyautomatic plant, the first of its kind in Gujarat, was established

    to offer excellent food products to food lovers of Gujarat.

    Best Quality, Affordable Price

    It is the policy of the company to accept nothing

    less than a perfect. Besides, the company is determined to offer

    its products in attractive and weather resistant packing ataffordable prices to all classes of people in Gujarat.

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    It is an encouraging fact that the share of the company in

    the Brand Loyalty has remained around 70% to 80% in

    Gujarat. The stalwarts behind the success story of the company

    are Mr. Bhikhubhai (Chairman), Mr. Chandubhai Virani

    (Managing Director), and Mr. Kanubhai Virani (Technical

    Director), who have also devised an ideal distribution channel

    to ensure the supply of fresh products in any comer of Gujarat

    within 48 hours. Effective distribution is an important as

    efficient production for the growth of the company.

    Scaling high with Customer Satisfaction

    In the past two decades of life, the ViraniFamily has woven most of its personal activities, aspirations

    and dreams with the fabric of the company. These sacrifices

    have enabled the company to crave its name in the industrial

    history of Gujarat as a unit with most sophisticated and latest

    plant.

    Companys AchievementsThe companys food products like potato

    wafers, banana wafers and other salty products are prepared in

    its fully automatic plant with bacteria-free and stringent

    hygienic standards. The use of computer system ensures

    uniform quality and obviates the necessity for touch of human

    hands. The production environments make it possible to make

    the products less oily and more nutritive.

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    Towards Better Future

    In order to meet the increasing demand of the

    products, the company has planned to install a sophisticated

    and ultra modern computerized plant with production capacity

    of 1000-1200 kg per hour on a end measuring 25000 to 30000

    meters in the neighborhood of Rajkot.

    The Stalwarts behind the Success of the Company

    If there is wall, there is way.Mr. Bhikhubhai has proved this. His

    foresight, firm determination, readiness

    to accept challenges and power of quick

    and correct decision have contributed to

    his leadership qualities.

    He entered

    business at the ageof 26 with his

    innate skill by his

    effort to extract the

    best from each

    worker at all

    levels, and amiable

    nature and soon

    found the pathway

    to success. His friendly approach has

    multiplied the zeal of the staff. His He

    tamed his luck with bubbling dreams and

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    hard work to skill in marketing has added

    to the strength of the company achieve

    them.

    He has won honors of all numbers of

    the staff.

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    Mr. Kanubhai Virani has deep

    interest in electronic and mechanical

    field since his childhood. His accuracy,

    interest and understanding made him

    unique. He never compromises with

    quality of products. This is one of the

    major reasons for the uninterrupted

    progress of the company.

    Persistent research is an essential

    condition for the development of

    every industry. The company cannot

    ignore the change in the trends of

    customers. Mr. Keyur Virani, the Son

    of Mr. Bhikhubhai Virani,(the

    Chairman of the Company) joined the

    company in 1999-2000 at the age of

    23 after studying instrumentation and

    control. He brought

    a remarkable change during last two

    years in the concept of packing, quality

    control management and machinery.

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    MARKETING FUNCTIONAL AREA

    Concept :

    Marketing is about people marketers and customers

    and about he ways marketers try to create a preface fit betweenthemselves and the customers. Its process of planning and

    executing the conception, pricing, promotion and distribution

    of ideas, goods and services to create exchanges that satisfy

    individual and organizational objectives.

    Marketing satisfies needs. Marketing is an exchange of

    value. Its an art to sell your products and services. Its processof planning and executing ideas.

    The production orientation

    The consumer orientation

    The sales orientation

    Market Segmentation :Market segmentation is the subdivision of market as

    based upon the modern marketing concept. It point out that

    there are several demand schedules. Each demand schedule

    represents a separate market consisting of a group of buyers

    with similar needs and characteristics of demand Balaji Wafers

    Pvt. Ltd., is having their Marketing Department to keep watch

    against the market situation and control the activity related to

    marketing.

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    The Marketing Manager control the marketing

    field related to product, price, promotion and place. Marketing

    manager works under General Manager of the company.

    Marketing manager has to carry works related to sales

    manager, marketing executives, sales executives and workers.

    Balaji Wafers Pvt. Ltd., have concentrate more on consumer

    thats why decision related to marketing mix is to be taken

    depend on consumers.

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    ORGANIZATION CHART OF MARKETING

    DEPARTMENT

    Marketing Manager

    Officers

    Quality Controller

    Research Officer

    Supervisor

    Workers

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    MARKETING DEPARTMENT

    Product Planning:-

    Balaji Wafers Pvt. Ltd., does not have any specific

    product planning but depending on the market environment or

    the trends they produce new products in their product portfolio.

    Pricing Planning:-

    Balaji Wafers Pvt. Ltd., is more conscious about

    their price because people are more sensitive to price thats

    why they providing best quality at less price again the exactprice policy helps customer for fast transaction.

    Advertising:-

    Balaji Wafers Pvt. Ltd., has given their

    advertisement in different ways. Since they had not given

    advertisement in TV because of market criteria and availability

    of products. They give their advertisements through Calendars,

    Diaries, Paperweight, Wall Paintings, Magazines, Newspapers,and Stickers etc. to communicate with people. On the other

    side they are also taking the advantage of Internet which have

    unlimited target audience for their products.

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    Marketing Research:-

    Balaji Wafers Pvt. Ltd., do have marketing research

    program to be proactive against future scenario but they do this

    kind of activities when requirements is raised. It can be though

    professional researchers or from the students of different

    professional B-Schools or College Students.

    Sales Promotion:-

    Balaji Wafers Pvt. Ltd., promote Sales through

    giving incentives to their agent and distributors and also by

    doing competition among them. They try to keep relationship

    to their network and people by providing stickers, calendars,gifts and wishing cards. They are mainly concentrating on their

    distribution channel.

    Competitors:-

    Frito Lays (Kurkure-because of more varieties/flavors

    in products) A1 Namkeen (Growing with more quality like Balaji)

    Samrat (More in Ahmedabad Capturing more Market)

    Local:-

    Shakti (because of Health related products)

    Ghopal (Capturing slow Market but Growing) Others (Gordhanbhai because of namkeen stre in

    different places)

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    Innovativeness:-

    Recently, Balaji Wafers Pvt. Ltd., have changed the

    packaging style of their products, which is really appreciated

    by the people of Gujarat. With new concept of packaging and

    freshness packets. It gives more brand loyalty to Balaji Wafers

    Pvt. Ltd., because of also,

    Brand name

    Packaging Style

    Guaranty and Warranty

    After Sale Service

    Price and Quality

    Varieties of Products

    Others

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    PRESENT SCENARIO OF COMPETITION

    The changed product preference in the market place was

    diagnosed to be the main reason for the changing market

    shares and the company had taken a member of steps toconform to the new demand pattern in the introduction of its

    new products of Balaji Wafers Pvt. Ltd.

    In addition to the above new products, launch of a few

    more products is planned to meet every niche of the market

    and to improve the companys market share in the years to

    come.

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    *************************************************

    There are two more products which is THIKA MITHA

    MIX and ALU SEV from which ALU SEV is just recently

    produce and introduced in to the marlet.

    The Balaji Wafers Pvt. Ltd. falls under the category

    of the FMCG and its a medium scale unit. The emphasize has

    been given to more on potato wafers but due to changing

    trends and demand company is concentrating more on each

    products to fulfill the demand of market.

    Generally the companies are divided I to two categories;FMCG (Fast Moving Consumer Goods)

    Industrial goods.

    Companys aim is to satisfy the consumer by

    providing the qualitative product at affordable price secondly

    todays market is the competitive market each and every kid of

    industry is facing competition Balaji Wafers Pvt. Ltd. has alsothe competitors. The competitors so Balaji Wafers Pvt. Ltd.

    are:

    Frito Lays Product.

    A1 Nankeens

    Kurkure, (Frito)

    Smarat

    Other local brand (Shakti, Parag, Gopal etc.)

    In spite of having such a big competition Balaji Wafers

    Pvt. Ltd. having above 500 Kg. per hour* capacity of

    production. (Old plant)

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    The latest unit having the high technology ultra modem

    computerized plant with the capacity of 1000 1200 Kg. per

    hour* I Vad-Vajdi at Kalawad Road.

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    CHANNEL OF DISTRIBUTION

    Product Flow :-

    Payment of flow :-

    Information flow ;-

    Promotion flow :-

    Company

    RetailerDistributor Consumer

    Company Distributor Retailer Consumer

    ConsumerRetailerDistributorCompany

    Distributor Retailer

    Consumer

    Ad. Agency

    Company

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    It should be realized that marketing and distributing

    channels are one of the more stable element in the marketing

    mix. A channel is costly and complex to change, unlike. Say,

    price, which is easy to manipulate. For instance, to switch from

    selective to intensive decision is a top management policy

    decision, which will have a direct effect upon sales force

    number and even upon the type of selling method to be used.

    The main problem that company has to face is in

    choosing the most appropriate channel, and from viewpoint of

    sales management this includes the type of sales outlets that

    must be serviced. Basically a manufacturer has the choice ofthe one of four type of distribution at its disposal.

    Direct:-

    Here the manufacturer does not use the middleman

    and sales and deliver direct to the consumer.

    Selective:-Here the manufacturer sales through a limited

    number of middle man who are chosen because of their special

    abilities and facilities to unable the product to be marketed

    more effectively.

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    Intensive:-

    The intention is to achieve maximum exposure at the

    point of sale and the manufacturer sale through as many outlet

    as possible the servicing and after sale s aspect are probably

    not so important hear. Product examples are Cigarettes,

    Detergents, and Spices etc.

    Exclusive:-

    The manufacturer sales to a restricted no. of dealers

    and obvious example is Car industry, where distributor

    intermediate must provide the levels of stock holding, after

    sales service, etc.

    Balaji Wafers Pvt. Ltd. follows intensive distribution

    network system.

    To implement the overall marketing strategy, the

    manufacture needs the cooperation of its distributive outlets. In

    fast moving consumer goods market retailer must haveadequate stock of products on had to deliver the customers.

    Distribution channel is the key tool to avail product front

    manufacturer to the consumer.

    Distribution Channel for Gujarat State:-

    Balaji Wafers Pvt. Ltd. has very effective

    distribution channel which works suitable to the requirement ofits product. Distribution channel of the company for Gujarat as

    follow:

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    Satisfaction to the intermediate is very necessary. New

    form of distributing cant be, selected blindly. What problem

    can be created if, new system followed without proper

    consideration.

    Example:-

    Levi Strauss has recently pulled out of direct sales

    through the Net. Levis launched their Web site in 1998, which

    become and e-salesroom. As these sales cut into their

    traditional outlets, Levis found strong resistance from their

    existing channels and most. Recently, Levis have withdrawn

    from direct sales through the Net.

    Company

    Distributor

    Customer

    Retailer

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    TERRITORY MANAGEMENT

    A sales territory represents group of customer accounts,

    and industry, a market or specific geographical area

    establishment of sales territories facilitates matching selling

    efforts with sales opportunities.

    There are five reasons for having sales territories: -

    1) To provide proper market coverage

    2) To control selling expenses

    3) To assist in evaluating sales personnel4) To contribute to sales force moral

    5) To aid in the co-ordination of personal selling and

    advertising efforts

    First of all, a geographical control unit is considered

    which its population, which ultimately shows sales potential in

    that related area, follows. Generally for every particularretailers, there is one distributor is selected. Therefore, in cities

    there is more than one distributor.

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    FUTURE STRATEGIES

    Research and Development :

    The product is well accepted in the market for its

    excellent taste ability and good packaging. Some patents have

    been applied for covering new inventions generated during the

    development stage of this new product.

    Upgrades for product quality, size, and packaging etc.

    have been introduce in the market.

    Development of a new product with modern styling iscomplete. Similarly, the company is working on new product

    for companys development. New products are introduced in

    the market during the current year.

    The company has further strengthened its relationship

    with customers of Gujarat and also outside Gujarat. Technical

    interactions have enhanced the R&D and product developmentcapabilities of the company.

    Productivity, Safety, Health and Environment :

    The company has received Many Award for Food

    Industry Instituted by National Productivity Council.

    Provision of safety equipment, creation of safe working

    conditions and adoption of safe working practices are

    continuously monitored, resulting in considerable lowering of

    frequency rate of accidents.

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    The companys department of Industrial Medicine and

    Hygiene, during the year under review, carried out medical

    examination of the employees apart from its regular duties of

    treatment in accident cases, emergency medical care, etc.

    The companys Vad-Vajdi plant successfully

    implemented Environment Management System (EMS) and

    was given the ISO certificate. The companys Vad-Vajdi plant

    already holds this certificate. This makes Balaji Wafers Pvt.

    Ltd. the first largest multi-location manufacturing company in

    Gujarat.

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    MARKETING MIX

    Marketing mix is the set of marketing tools that the firm

    uses to pursue its marketing objectives in the target market.

    McCarthy classified these tools into broad groups,

    1. Product

    2. Price

    3. Place

    4. Promotion

    PRODUCT ;A product is anything that can be offered to a market

    to satisfy a need or want. The concept of product is not limited

    to physical objects anything capable of satisfying a need is a

    product. In addition to tangible goods, products include

    services, which are activities or benefits offered for sale that

    are essentially intangible and so not result in ownership.

    A lot of things gointo make a complete product. The

    elements of a product are its quality, features, the brand name,

    its packaging and sizes along with discounts, warranties and

    other benefits offered with it. Quality of a product is its ability

    to satisfy staged needs. A better quality product enhances the

    goodwill of the company and also boosts its sales. The more

    the different features a product offered the better it is

    considered to be a very essential part of a product is this brand.

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    PRICE ;

    Price is the amount of money consumers is ready to

    pay for a particular product.

    Price is the value placed on what is exchanged.

    Something of value is exchanged for satisfaction and utility,

    includes tangible (functional) and intangible (prestige) factors.

    Buyers must determine if the utility gained from the exchange

    is worth the buying power that must be sacrificed. Price

    represents the value of a goods/service among potential

    purchases and for ensuring competition among sellers in an

    open market economy. It is often the only element the marketercan change quickly in response to demand shifts. The marketer

    can use price symbolically to emphasize quality or bargain.

    Balaji Wafers Pvt. Ltd. consider the related aspects such

    as competitors price, cost including production expenses and

    profit margin and other related aspects, which decide the price

    of the product.

    The price of a product needs to be decided upon keeping

    in mind the kind of market the product has whether it is

    feasible to offer any kind of discounts that is reductions in

    price or if the producer or marketer is in a position to offer any

    kind of allowances to the retailers or wholesalers. Price is the

    most crucial factor in the entire marketing mix.

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    PLACE:

    Place deals more with the physical settings of the

    product. It includes the channels of distribution and

    production. The kind of coverage the company has with the

    help of these channels. The different locations of the company

    and its outlets. It also includes inventory and transportation.

    Balaji Wafers Pvt. Ltd. provides their products to

    different place with the help of strong and powerful

    distribution network.

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    PROMOTION :

    Promotions an active, explicit form of marketing

    communication. Promotion highlights the marketing elements

    in order to increase the odds that consumers will buy and

    become committed to the product. Thus, promotion can be

    defined as the marketing function concerned with persuasively

    communicating to the target audiences the components of the

    marketing program in order to facilitate exchange between the

    marketer and the consumers.

    Promotion is communication with individuals, groups or

    organizations to directly or indirectly facilitate exchanges byinforming and persuading one or more audiences to accept the

    product or service.

    It is basically activities undertaken to communicate the

    merits of the product or service and persuade target customers

    to but it.

    All promotional tools must blend harmoniously into an

    effective communication strategy, to meet the promotional

    objectives. The components of a promotion mix are

    advertising, personal selling, sales promotion and public

    relations.

    Four types of activities provide the key tools to achieve

    the goals of promotion,

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    Advertising :

    Is any paid form of non-personal

    communication and promotion of ideas, goods or services by

    an identified sponsor? Although some advertising is directed at

    specified individuals,, most advertising messages are tailored

    to a group.

    Personal Selling :

    Is interpersonal communication with one or

    more prospective purchasers for the sake of making sales ?

    Examples include sales calls to a business by a field

    representative.

    Public Relations :

    Is a co-ordinate attempt to create a favorable

    product image in the mind of the public by supporting certain

    activities or programs, publishing commercially significant

    news are a widely circulated medium or obtaining favorable

    publicity.

    Sales Promotion :

    Consists of marketing activities that add to the

    basic value of the product or service for a limited time and

    directly stimulate consumer purchasing, stimulate the

    distributors to carry the product and promote the product or

    service or stimulate the effort of the sales force.

    Balaji Wafers Pvt. Ltd. promote their products by

    personal selling, advertisement with light boards, banners, wall

    painting, gifts, stickers, etc.

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    SWOT ANALYSIS

    STRENGTH :

    1. Strong brand name image company reputation

    Balaji Wafers Pvt. Ltd. has been in operation for

    over 22 years. Balaji Wafers Pvt. Ltd. recently produce a new

    product named Alu Sev on the demand and liked by the

    customers. Balaji Wafers Pvt. Ltd. has a story brand image and

    brand loyalty synonymous with quality and customer focus.

    2. Cost AdvantageBalaji group concentrates on economies of scale,

    which results in producing a product at a lowest cost.

    Moreover, they developed it with fully automatic plant in

    Gujarat, which reduces in hiring costly technology from

    outside and results in cost advantage. Thats why Balaji

    Wafers Pvt. Ltd. is lowest cost manufactures in this market.

    3. A widely recognized market leader and an attractive

    base

    Due to concentrate on wide middle class, they

    produce products at a cheaper rate compare to other and hence

    it enjoys leadership especially in Wafers and other products, by

    giving it at affordable price.

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    4. Wide geographic coverage and a strong distribution

    capability

    Balaji Wafers Pvt. Ltd. covers first largest market of

    the Gujarat. It not only market leader in Gujarat because it has

    a strong distribution capability all over the Gujarat and now it

    looks for out side the Gujarat.

    5. A strong financial condition : ample financial resource

    to grow the business

    From the latest annual financial reports indicate that

    Balaji Wafers Pvt. Ltd. has making profit by which it grows

    year after. Moreover, they have reserves some amount of fund,which can be utilized for R&D, work and shows a good

    financial condition along competitors. They manage to

    maintain profit growth, through producing and developing a

    new product in the market.

    6. Ability to take advantage of economies of scale

    When you want to jumpstart volumes, the onlything that works is price. To compete on price, which was the

    way it went. This results in introduction of Alu Sev, whose

    price is lesser compare to any of competitors. This makes

    Balaji Wafers Pvt. Ltd. products affordable to any class.

    Moreover Balaji Wafers Pvt. Ltd. is product is the lower in

    price compare to other competitors, which improves the sales.

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    WEEKNESS :

    1. Cannibalization of products

    So many new products may eat in to the market for

    existing products of Balaji Wafers Pvt. Ltd. for instance, one

    product may eat into the market for another.

    2. Underutilization of capacity

    3. Lack of Advertisement

    It could be weakness not to advertise in TV but

    looking into the availability or products to each area of thenand then they should use TV media for their advertisements.

    They should go for public relationship by providing free gifts

    to schools student or sponsoring festival events. Lack of

    professional person in the company. Lower frequency of

    advertisement in public place.

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    OPPORTUNITIES :

    1. Abilities to grow rapidly because sharply rising demand

    of Balaji Wafers in food market.

    Food products have grown at a healthy rate of over

    25% for the last three to four years. And it will remain the

    same for the coming couple of years. This motivates I food

    product manufacturers to adapt build strategy through

    innovation of new design, shape, and size etc., products.

    Company should focus more on price to capture the urban

    market.

    2. Virtual zero maintain once among the products

    3. Pricing and Packaging effectively which is much higher

    than competitors

    4. Launching of new products and variants of existing

    products backed up by appropriate marketing efforts.

    5. There is quite prospective market in India as well as

    foreign country to expand the business of Balaji Wafers Pvt.

    Ltd. and producing various flavors depending on market

    trends. With changing trends of fast foods, company can open

    their retail outlets/restaurants in particular area to making fast

    food product.

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    THREATS :

    1. Threat across the competitors

    The threat from the competitor, manufactures who

    are some player n to the market, fro which some are from local

    market and some are branded companies. Kurkure for Frito lay

    is the largest manufacturer, followed by lays, and the Balaji

    Wafers Pvt. Ltd. feels that there are at least three more

    producers capable of turning out a peace competitive, quality

    product in Gujarat.

    2. Sustain pricingTo continue computing o piece, Balaji Wafers Pvt.

    Ltd. has to keep its cost in cheeked increase its volume at the

    same time.

    3. Mindset of buyers

    Consumer have tried out new products, most middle

    class product owners like to stick to tried and tested product.

    4. Increase in awareness about the product among the

    people.

    5. Customers test and preferences

    Todays, customer test and preferences or consumer

    behavior has been changing they can be easily diverted through

    other competitors products due to offer quality, flyover, gifts or

    availability, public relationship and other local players is

    capturing the slowly the market which should be taken care by

    the company.

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    6. Government Regulation

    7. Dealers not adjusted with changing realities

    Some times dealers are hesitated to expand their

    godowns due to increase in the product line of the company

    because company compels dealers to purchase the entire

    product line even though the selling of all the product is not

    equal.

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    BIBLIOGRAPHY

    Marketing Management - PHILIP KOTLER.

    Marketing Management - S. A.SHARELEKAR.

    WEBSSITE - www.balajiwafers.com

    http://www.balajiwafers.com/http://www.balajiwafers.com/