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Classmate Stationary
Classmate Stationary
Classmate Stationary
Introduction
Products
Rural
Distribution strategy: The company operates with its own distribution channel, goods are
made vailable to wholesale distributors through carried & forward agents which are than
transmitted directly or through small, wholesale, dealers to retailers in to meet the
customers in the most remote areas of the nation.
4Ps of ITC Classmate in in Rural marketing strategies
Product
o Products quality are relatively high
Price
Place
o Availability of all products under one roof
o Selling, purchasing and storage at the same place
Promotion
Urban
Cost control strategy: offering products at a price which is either equal or less than what
the competitors are offering. It also provides a high-quality, cost-effective, and innovative
packaging and printing.
Price: With the involvement in several business interests, ITC faces a lot more
competition in the market. To boost its market segments, the company has adopted
premium pricing policies for luxurious products and reasonable pricing for the middle-
class segment which will eventually help in generating sales and better revenue. They
follow different pricing strategies for different products.
Place: The wide distribution channel of ITCs product delivers the product quickly as
possible. The company has four manufacturing units and more than 60 dealer in India.
Promotion: The promotional strategy of the company has something unique keeping in
mind its brand proposition and its target audience. It promotes its product on various
social media platforms also through print, television, and radio. They also have different
brand ambassadors for different brands which has taken advantage of any promotional
medium available to sell its products.