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Assignment On: Fundamentals of Marketing
Assignment On: Fundamentals of Marketing
FUNDAMENTALS OF MARKETING
History
• Registered in March 21, 1918.
• One of the best known brands, its all about eating healthy for leading a
better life.
• Largest company in the Indian food processing industry, whose product
range also includes Breads and Cakes.
• Exporter of key Biscuit brands.
• Flagship product Milk Bikis and Marie Gold.
• CEO of the Britannia industries is Mr. Varun Berry.
Introduction of Good Day Choco Chunkies
1. The product sales reach its peak and become very well-known
among its target customers.
2. It’s ads and promotion was more customer centric.
3. Its market it’s products through the wide-
spread distribution network of its parent company.
4. The brand has appointed distributors who are in charge
of dealers and retail outlets. Products have a reach in both
rural and urban parts of India and are easily available in
grocery stores, corner shops, supermarkets.
5. It has the largest preference that any biscuit could have.
6. Good Day's progress over the years has been in line with the
evolving needs of the country.
7. In sales terms, Good Day is the second largest biscuit brand in
the country, next to Parle G
Pricing Strategy of Britannia Good Day Biscuit
1. The brand has taken note of its competitor’s prices and consumer’s
reaction to those price ranges.
2. The Britannia Company mainly focus on the middle class& lower
middle class families.
3. After a complete evaluation, it has developed a competitive
pricing policy for its products that will help in undermining the efforts
of rival companies to reach out to its loyal consumer base.
4. As the brand wants to penetrate in every nook and corner it has decided
on a penetration policy and has adopted economic pricing policy.
5. This will help in making products affordable and inexpensive and will
thus lead to larger sales volume and ultimately greater revenues.
6. Therefore the Britannia Good Day Butter Cookie will range from RS: 5
to Rs 30 only.
7. Thus, Britannia Good Day Butter Cookie products are much better in
quality and are good in price as well.
Promotions
The strongest asset for the promotion of Britannia products is the product itself. The products are tasty and people
like it, thus a pool is created directly by the product. However today no company can exist without promotion and
advertising, and the advertising spends for Britannia are controlled because of the brand equity of Britannia products
and the presence of the brands for almost a century in the Indian market. The company uses most of the usual
methods of advertising including billboards, magazines, tv adds and point of purchase advertising.
ATL Activity- ATL marketing includes macro level promotions. It caters to mass audience mapping, national,
regional and territory wise promotion. Television, radio, outdoor & press are the medium of promotions. Britannia
indulges in lavish TVC to promote its products. Britannia has hired Salman Khan to endorse good day biscuit to
increase their brand image and better customer outreach. Celebrities like Sachin Tendulkar, Rahul Dravid, Deepika
Padukon promote Britannia products on television. Britannia’s huge range of biscuits and cakes are being effectively
advertised though magazines.
BTL Activity- BTL promotions are unconventional in nature, done at micro levels and forms a part of non-media
communications. In 1997 Britannia launched the “eat healthy think better” campaign to make every third Indian a
Britannia consumer. In 1999, 2003 the company launched the ”Britannia khao world cup jao”. In 2001 Britannia
launched “The Lagan Match”. As a company Britannia has won many recognitions. The Economic Times
recognized Britannia as India’s second most trusted brand. Fobs Global rated it one among the top 200 small
companies of the world. Britannia has a strong distribution and an experience sales and marketing team. Apart from
the ATL activites they are creating brand awareness through this channels.
TTL Activity- Britannia is a company that is doing TTL marketing along with ATL and BTL marketing. They
believe in integrated approach where they can expand their reach to the customers and generate conversions. For
e.g. Britannia good day when launched, numerous TV ads, radio promotions, newspaper promotions, magazine
promotions, YouTube, Facebook promotions had started where Britannia had increased their customer base and
created extraordinary brand awareness and customer satisfaction
Product Level
1.Core product
Britannia has come up with different categories of biscuits and positioned those products in the market to address
malnutrition with in house production. Britannia’s products are nutritionally rich and they are helpful to suppress
hunger at anytime. The broader portfolio of product that Britannia offers are to cope up with malnourished Indian
population. Britannia’s main ambition is to provide delicious, tasty, and scientifically designed products to their
consumers to satisfy their small hunger needs, right nourishments and free pass time.
Generic product- Biscuits, cakes, bakery are the basic products of Britannia
Expected product- Customers are the main assets of the company as per the market survey, the three products,
choco chunkies, nutri choice and good day are good in taste, awesomely appreciated by the consumers, enriched
with nutritional ingredients but variations and new inventions with more better taste, richness of rice, wheat,
cereals, cream between two biscuits, funny and animated shapes are always the first choice for the million of
consumers.
2. Actual product
I. Labeling- all the biscuit packs contain details about the product as well as the company. This include
ingredients list nutrition value, date and place of manufacture, expiry date, company address, brand logo, brand
tag line, product tag line and city clean logo for the purpose of environment friendliness.
II. Design- Be it the design of the product or the packaging Britannia has it all. It has biscuit of almost all shapes
and sizes and it makes them look appetizing by adding different coloured creams and icing, if we speak about
the chunkies, small chocolate piles are topped on a nutritious matrix. The Digestive comes with the dusky
appearance of fibres on the body. Good day comes with the delicious cashew, the design and the texture along
with the packaging are really eye catching by million of customers.
III. Quality- Britannia seek to maintain and enhance the company’s reputation by providing consumers, high
quality products and services. The company views feedbacks from its consumers as an opportunity to learn and
improve for the future and is committed to being responsive to the needs and concerns of the consumers.
Whatever products Britannia is offering that are nutritionally rich, healthy and delicious.
IV. Packaging- There are two things when it comes to packaging, one is the packing design and
other is the format of the packing. Britannia have come a long way when it comes to visual design of
packaging. Britannia have a tie- up with some of the best packaging companies of the world and that is
why their packaging’s are cutting-edge and world class. Though Britannia’s products are very price
sensitive and consumers don’t want to pay extra for packaging.
3. Augmented product
Britannia biscuits provide total guarantee when it comes to quality products. It gives the consumers
the benefit of getting back to the company if they encounter any defect to the product. The
distribution system of Britannia is wide spread and well networked and are available in more than
two lakh retailers if any product is found to be defected, consumers can inform the retailers as well
as they can get in touch via phone call or email address to provide their feedbacks directly to the
company. Britannia offers free tatoos, free online recharge quotes, different flavour of cream
biscuits, their best brand category good day that exceeds customer expectations. Not only this, for
good day, digestive choice, they often provide discounts on them. This is basically two fold the same
variant in a pack of two or three or bye two get the third free or two varients together and offers a
discount on them.
INDRADHANUSH
Group 1
Group participants
Arpan Banerjee
Arnab Dhar
Chandra Bhattacharjee
Md. Tausif Jawed
Nikita Agarwal
Sanjeeb Dutta