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7/13/24, 5:48 PM Marketing Management on Noodles - Class 12

CBSE 12th Commerce 12th Commerce Business studies CBSE Projects

HSC Projects Principles Of Management

Marketing Management on
Noodles – Class 12

Table of Contents

MARKETING MANAGEMENT
Meaning: Marketing Management refers to the management of all the
activities related to the market. Traditionally there was a difference between
selling marketing, but modern age is the age of globalization where
consumers play a very important role, and marketing strategies also have
become very important.

(*) “The art and science of choosing the target market and getting, helping
and growing customers through creating delivering and communicating
superior customer values of management.” If we break up this definition, we
can say the marketing management involves the following activities.

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1. Choosing a target market: The activities of marketing management


begins by finalizing the target market. E.g., the target market for
medicine manufacturers, is a hospital, doctors, chemist shops, etc.

2. Growing customers in the target market: After choosing a target


market, the next step is to take steps to increase the number of
customers by analyzing the needs, wants, and demands of customers.

3. Creating superior value: The next step in the marketing management


process is to create some special value in the products to make your
product better than competitor products. Special values can be added
by offering various items, for example, giving free insurance with a car.

Marketing and its Features


Marketing: Marketing is a social process by which individuals and groups
obtain what they need and want through creating, offering, and freely
exchanging products and services of value with others.

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The marketers work hard to discovers the needs and want of customers and
try to develop the market are carried out with that main motive of satisfying
need and wants of customers and organization.

Features:
NEED AND WANTS: The focus of marketing is the need and wants of
customers. All the activities in the market are carried out with the main
motive of satisfying need and want of customers and organizations.

CREATING A MARKETING OFFERING: Marketing offering means offering a


product or services by specifying its features, shape, size, color, etc. for
example, offer is then specifying the various sizes in which it is available,
various technologies used, various shapes, prices of a different type, etc.

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CUSTOMER VALUE: The customer is ready to give a price for the product
only when he gets satisfactions or only when the product is offering utilities
matching to the price. The customer assists value the product so that the
customer prefers your product over the competitors.

EXCHANGE MECHANISM: The process of marketing involves the exchange


of products and services for money and money’s worth. In exchange,
customers pay money, and in return, they take products or services which
satisfy their needs and wants. Exchange can take place directly between
manufacturers and customers or through a middleman. It is the essence of
marketing. Preconditions of exchange mechanism or pillars of marketing are:

1. Presence of at least two parties.

2. Both parties must have something viewed valuable by each other.

3. Both parties are free to accept or reject the offer.

4. Each party feels desirable to deal with the other and.

5. Each party is capable of communication and delivery.

THE MARKETING MIX:

Meaning: The marketing mix refers to the ingredients or the tests or the
variables which the marketing mix in order to interact with a particular
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market.

The marketing mix of marketing is the essence of any marketing endeavor. It


is the main building block of the market.

Elements:

PRODUCT:

1. Product mix

2. Branding

3. Trademark

4. Packaging

5. Labeling

PRICE:

1. Factors determining the price.

PLACE:

1. Channels of distribution

2. Channel levels

3. Factors of determining whole channels

4. Decisions of physical distribution.

PROMOTION:

1. Advertising

2. Sales promotion

3. Personal selling

4. Public relations

INTRODUCTION
Noodles are the staple food in many cultures made from unleavened dough,
which is stretched. Introduced or settled flat and cut into one of the varieties
of shapes. While long, their stripes may be the most common, many
varieties of noodles are cut into waves, helices, tubes, strings or shell, or
folded over, or cut into other shapes.

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Noodles are usually cooked in boiling water, sometimes with cooking oil or
salt added. They are often pan-fried or deep-fried. Noodles are often served
with an accompanying sauce or in a soup. Noodles can be refrigerated for
short term storage, is dried and stored for future use. The material
composition of garniture origin must be specified when discussing noodles.
The word derives from the German word “Nuded.”

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The origin of noodles has been disputed claims have been made that the
noodles were a Chinese, Dubaian, and Mediterranean origins. A Nature
article claimed the oldest evidence of noodle consumption was from 4,000
years ago in China.

REASON FOR SELECTING THIS


PRODUCT
It’s no selects a lot of us love eating instant noodles. Some people call them
two-minute noodles, another ramen, instant ramen.

It was the handiest and easiest option, which I relish all the time.

Here are some reasons why I selected noodles as my product:

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It is easily available in the market.

It is easy to make while making you feel like you are one of the great
chefs.

That too over cheap.

Target population mostly kids and teenagers who are already found of
diverse, especially noodles.

The best meal around 2 in the morning, especially when you are
watching a movie.

Moreover, it gives you the feeling you had something.

Nobody feels you are misbehaving, or you don’t have manners even if
lick the plate for the left sauce on the plate after finishing the noodles.

COMPETITORS

Maggi
“Me and meri Maggie” [TAGLINE]

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Maggi is the product of Nestle India. It is a top brand noodle in India. Maggi
noodles have become one of the best brands with an amazing taste for the
Indian people. Maggi was the pioneer of Indian noodles in India. Maggi has
almost given a high amount of profit to the nestle company because this
product still managed to gain the same space in almost every Indian kitchen.
Maggi noodles are also known to be the fastest cooked tasty meal in an
Indian household. The downside of this product contains much higher levels
of Monosodium Glutamate (MSG), which is unsafe and hazardous for human
consumption. Maggi is playing am amazing role with its amazing taste.
People in India are demanding for Maggi noodles because it is the one and
only taste of 90% of people in India. Maggi noodle has made the topmost
place in the top noodles brand in India. Still, no brand of noodle has become
popular like Maggi noodle in India.

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In June 2016, tests in India funded a high amount of lead in Maggi noodles.
The Food Safety and Standards Authority of India ordered a national recall
for all variants of Maggi Instant Noodles and Oats Masala Noodles.

Maggi Tagline: “TASTE BHI HEALTH BHI”

“GOOD FOOD, GOOD LIFE”

“ME AND MERI MAGGI”

Unique Selling Proposition: Maggi can be cooked and prepared in 2


minutes

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Swot Analysis:

1. Maggi is a market leader in the noodles category


with high brand quality.

2. Excellent advertising of Maggi makes its a top of


the mind brand.

3. Good product distribution and availability


STRENGTHS
because of Nestle.

4. Maggi effects a lot of flavors end varieties.

5. Strong parent brand offers soups Nestle adds to


the strength of the brand.

1. Controversy regarding Maggi being unsafe to eat


cause a lot of damage to the brand image.
WEAKNESS 2. Intense competition means limited market share
growth.

1. Maggi can target unstopped rural markets by


economy packages.

2. Can leverage on the Nestle distribution and


OPPORTUNITIES brand name and become a global brand.

3. New flavors, packaging can help the brand grow


with its existing customers.

1. Price was with other noodle brands that can


affect its business.

2. Increasing competitors can reduce Maggi’s


THREATS market share.

3. Strict regulations by govt. And food regulatory


authorities can affect its business.

Yippe noodles
“The better noodles,

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Spread the smile.”

Yippe is the second popular noodle brand in India, which has been
produced by Sunfeast Yippee made its way into the Indian market in the first
decade only. People started loving it. Yippe is also having a tough
competition among each other and also became a competitor of Maggi.
Yippee noodles are available in five different variants, classic, masala, Maggi
masala, Chinese masala, tricolor pasta, tricolor pasta, and masala scurvy
corn. Yippee is also playing such a great role in India. Children are now
becoming a lover of Yippee. They want to take it every day by ignoring their
side effects. Yippee has also made it high craze in India and giving a profit to
the Sunfeast company by becoming a second-best choice in noodles for the
Indian people as well as outside win the country,

Yippie Noodles tagline: “THE BETTER NOODLES, SPREAD THE SMILE.”

Unique Selling Proposition: Instant noodles with different tastes.

Swot Analysis:

1. Good advertising and visibility.


STRENGTHS 2. Good product distribution and availability.

3. Lots of flavors and variants available.

1. Media generated news about health issues about


it.
WEAKNESS
2. The brand quality of Maggi is tremendous.

1. Untapped rural markets.


OPPORTUNITIES 2. DINKS, single professionals.

1. The price was with other noodle brands.


THREATS

Top Ramen

“Oodles of noodles, Super noodles.”

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Top Ramen by Nissan is another leading noodle brand in India. Nissan is a


Japanese company that introduced its first noodles is in 1958 lead centered
into the Indian market in 1988. It is also playing a very great role in India
love to have top Ramen taste. Nissan company is also gaining a lot of profit
by providing noodles brand in India. Different variants of top Ramen
noodles in India include Atta noodles, curry noodles, curry veg noodles, and
super noodles. Patanjali company is also started producing oats Patanjali
Top Ramon and also gaining the best amount of profit.

Tagline: “OODLES OF NOODLES, SUPER NOODLES”

Unique Selling proposition: Vitamin plus energy healthy noodles.

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SWOT ANALYSIS:

1. PREPARED QUICKLY AND CONVENIENTLY.

2. FOR PROMOTION LAUNCHED VARIOUS ONLINE


GAMES.

STRENGTHS 3. ASSOCIATION WITH CELEBRITIES AS BRAND


AMBASSADOR

4. FOUR DIPPERENI INDIAN FLAVOURS AND GOOD


ADVERTISING.

1. LIMITED ADVERTISING & BRAND AWARENESS


AS PER COMPARED TO LEADING NOODLE
BRANDS.
WEAKNESS
2. STILL TRYING TO PENETRATE THE GLOBAL
MARKET

1. COST REDUCTION BY RESTRUCTURING


PRODUCTION SYSTEM.
OPPORTUNITIES 2. GROWING MARKET FOR FAST TO PREPARE
FOOD.

1. LESS PRICE OF COMPETITOR’S PRODUCT.

2. BRAND SWITCHING COST IS VERY LOW.


THREATS
3. LOCAL BRANDS AND RESTAURANTS.

Foodles
“Ready to cook, ready to serve.”

It is a different product from Horlicks that targets health-conscious people.


Fully loaded with a multi-grain such as wheat, corn, ragi, high sources of
protein, carbohydrate, and vitamins. Horlicks Foodles is the best evening
meat for growing children. Also, it tastes maker has a unique taste and when
compared to the leading brand such as Yippee and Maggi

Foodles

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Tagline: “READY TO COOK, READY TO SERVE.”

“NOODLES WITHOUT THE NO.”

USP: FOODIES IS THE HEALTH MAKER.”

Swot Analysis: FOODIES DECODED

Legacy and of Horlicks wellness.


STRENGTHS Large distribution network.

Lack of experience in this segment


WEAKNESS Lesser transaction in North and West.

Market growing in double digits, instant noodles


OPPORTUNITIES widely accepted as a snack food.

Category length on subjective taste.

THREATS Market monopolized by Nestle’s Maggi,


Hindustan Unilever also vacant slice of the pie.

Permission and Licensing For


Manufacturing noodles
This is a food product item. And the business demands specific licensing
before commencing the manufacturing operation.

Here are some basic requirements:

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1. First of all, register your business with Roc. Choose your organization
firm carefully.

2. Obtain Trade License from the local authority.

3. In addition, Apply for Udyog Aadhar MSME online registration.

4. Apply for VAT Registration.

5. Additionally, you will need to apply for an FSSAI license.

6. Furthermore, obtain BIS Certificate. It is mandatory.

7. Compliance with PFA Act and GMP are mandatory.

8. Register your brand name with a trademark.

9. Furthermore, go for ISO 9001 certificate to generate the trust of the


consumers.

10. This type of manufacturing operation doesn’t demand Pollution control


NOC, however, check with a local officials. Additionally, you must make
the good height of the roof of your workshop.

And arrange to entrust fans to maintain a comfortable entry inside the


factory premises.

My Product

i). Front Side

U.S.P: “Feel the Goodness of 100% natural Indian flavors”.

ii). Back Side

Our commitment is GOODNESS. You can always trust.

WITH QUALITY INGREDIENTS

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Our choicest roasted spices

Our world-class noodles technology

Our commitment to quality.

NUTRITION PER INFORMATION 100G PER SERVE

Energy (kcal) 43 289

Protein (g) 9.2 6.4

Carbohydrate (g) 61.1 42.8

– Sugar 1.4 10

Fat 14.6 10.2

Calcium (mg) 191.5 13.4.8

Sodium (mg) 185.5 94.9

FSSAI

Lic No. 1001201000168

B 901058 842712

Net Weight: 70g

100% Veg Other

Horlicks Food India Ltd, per 100% (MEH) RULES 90017-16/2847

FEATURES:
These features give important benefits in the quality of noodles such as:

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Enhanced noodles elasticity

Smooth mouth food.

Brand taste

Lighter color & Shiny surface

Improved dough handling

Shorter cooking time

Transparent Appearance

Unique texture.

Easy to make food.

Easily available.

No harmful ingredients.

Xtra long noodles.

Rule Indian masala taste.

Tagline:

“Fast to cook; Good to eat.”

My Product Range

Power Noodles

2-Minute Noodles

POWER 2-Minute Noodles

Price: ₹ 12

Power is the most-loved meal across all age groups and defines the instant
noodles category.

So. Buy your favorite Power Masala noodles in the size of your choice.

Power Noodles

OATS

POWER OATS Noodles

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PRICE: ₹ 10

POWER OATS NOODLES – Exciting, Delicious noodles made with whole


grains oats that offer;

1. GebreJebre of 1 bowl oats.

2. Real vegetable and your favorite masala flavor.

Power Noodles

Veg Atta

POWER VEG-ATTA NOODLES

Price: ₹ 215

Your favorite Atta noodles are back.

Power Veg Noodles brings you the goodness of real vegetable and wheat
grain, which is a source of fiber. Each delicious serve of Power Veg Atta
Noodles provides you dietary fiber equal to 3 rotis. So, go on & enjoy the
taste of your favorite Power Veg Atta Noodles.

Power Noodles

Cups

POWER CUP NOODLES

PRICE: ₹ 25

Power cups are back! All is set to be your perfect travel partner. The best
option to have the great Power taste on the go whenever you want and
wherever you are.

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PACKAGING

The packaging is the basic activity of every company. It can be defined as;

“It is an act of task or activities which are concerned with the designing,
production of appropriate wafers, which aims a log for the product.”

Levels of Packaging:

PRIMARY PACKAGING:

It refers to the immediate packaging of the product. It remains with the


product till it is used, e.g. tube of paste, matchbox, etc.

SECONDARY PACKAGING:

These are additional packaging which gives more protection. Generally,


consumers throw that when they start using the product.

E.g., cardboard for used to help toothpaste. People throw the ban when they
start using a paste,

Power Noodles

12 PACKETS IN A BOX

Transportation Packaging

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It refers to packaging for storing or transportation of the goods

In the case of my product. I will prefer to pack my noodles packets in a


caryatid box used to shift shuffle the goods.

This packaging will give protection to my goods, is easy to handle or carry,


and will keep my goods clean and hygienic.

What means of transport will use, and why?

In the case of my product, I will use a truck for carrying my product from
shop to shop. I will use this transport because transport can easily store the
product (my power noodles) in bulk. So, there will be no wastage of time for
carrying this product.

This transportation gives protection to goods so that there will be no


damage that will occur.

This transport is more convenient to store and convenient to shift from one
place to another.

For example; In the case of my product “Power Noodles,” it has made it very
convenient for middlemen to transport it, supply it and store it.

Physical Distribution

Physical distribution is concerned with the decision that needs to be taken in


order to make the product available. If the products are not made available
to the customer at the right place at the right time, then the customer could
not be able to buy them. Place element is a process by which the goods are
transferred from the place of promotion to the place of consumption.

There are two decisions: –

Regarding the physical movement of goods from producers to the


consumer.

Regarding the channels or using intermediate in the distribution


process.

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CHANNELS OF DISTRIBUTION

Direct Channel: Zero Level Channel:

It is a case when a firm sells its product directly to customers without


wasting any intermediary, for example, Data, sell their shoes directly, sell
through mail order, Internet, Eureka Forbes sells all its water purifier directly
without any intermediary, etc.

Manufacturer -> Customer

e.g., Eureka Forbes, Bata, etc.

Indirect Channel:

One level Channel: In this one, the intermediary is adopted.

Manufacturer -> Retailer -> Customer

Two-level channels: This is me most commonly used distribution path


where two intermediaries are adopted to sell the product.

Manufacturer -> Wholesaler > Retailer -> Customer

Three-level channels: In this path more, middlemen are adopted, so


that are three intermediaries involved.

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Manufacturer -> Agent -> Wholesaler -> Retailer -> Customer Distribution

Our Product Channel:

Manufacturer -> Wholesaler -> Retailer -> Customer

Two-level Channel:

This is the most commonly used distribution path where two intermediaries
are adopted by firms to sell the products, i.e. the wholesaler and retailer. The
manufacturer sells the goods in bulk to a wholesaler who sells in the small
lot to retailers who supply it to ultimate customers. Generally, available
goods such as soaps, surf, etc. are sold through this path.

REASONS:

It is very convenient to distribute goods from this channel.

This level enables to cover large market owner.

PROMOTION:

Promotion refers to the use of communication with the twin objective of


informing potential customers about a product and persuading them to buy
it.

Promotion mix refers to a combination of promotional tools used by an


organization’s objective. Various tools of communication are used by
marketers to infuse and persuade customer about their firm:

There includes;

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ADVERTISING

PERSONAL SELLING

SALE PROMOTION

PUBLICITY

Promotional Schemes

Various Promotional Schemes:

Dissent

Refund

Rebate

Lucky Draw

Sampling

Contests

Quantity Gift

Usable Benefits

Full Fanam @0%

Instant Draws

Assign Gift.

Schemes ADOPTED FOR PROMOTION FOR OUR PRODUCT

Wholesale: Rebate

Retailer: Discount

Customer: Free Gifts

Promotion of our product:

PROMOTION TOOLS CHOSEN: ADVERTISING

Reasons:

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1. It has mass reach

2. It enhances customer satisfaction and confidence

3. It is an economical mode of communication

4. Because of its wide reach, the overall costs of advertising spreads over
consumers’ communication with established. As a result, the per-unit
cost of reach comes Low.

OBSERVATION AND FINDINGS


It is observed that all categories of the samples viz. Students, teachers, and
parents have significantly liked the product. They have also liked the brand
name, packaging, and labeling

CATEGORY %

Students 98%

Teachers 94%

Parent 94%

Marketing management is planning, organizing, directing, and controlling


activities, stricter to the marketing of goods and services to satisfy the
consumer needs and activities.

CONCLUSION
Marketing management is an important area of business that generates
revenue for the sake of goods and services through the consumer. It is
responsible for taking a decision in the area’s product price place and
promotion, keeping price, and place in view the requirements of the
business.

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