Preview

Vora & Company-Case

Better Essays
Open Document
Open Document
2002 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vora & Company-Case
VORA AND COMPANY*

Understand the Concept of Marketing Mix

In December 1963, M.C. Vora, proprietor of Vora and Company manufacturers of Blossom Quick-Cooking Oats located at Lucknow, sought counsel from the Small Industries Service Institute at Lucknow regarding steps that might be taken to increase the sales of his company. The company had been organized in 1959, had started to sell its product nationally in 1961, but by December 1963 had failed to attain a profitable volume of sales.

Mr. Vora’s family had been in the group business for several generations. In 1959, some four years after the Government of India had stopped the importation of packaged cereals, Mr. Vora and his family decided to enter the business of processing and selling a product similar to Quaker brand of quick-cooking rolled oats, a product of the Quaker Oats Company of the United States. For some years previous to the Government’s embargo, this product had been imported into India by the firm of Muller and Phipps, which acted as sole selling agents. The firm had advertised the product in many Indian cities and reportedly had attained at least a moderate volume of sales, particularly in South India, in the states of Kerala and Madras.

In 1956 shortly after the embargo on Quaker oats, the Ganesh Flour Mills of Delhi started to develop and market a quick cooking white oats under the trademark Champion. After some three years of experimental marketing in nearby areas, Ganesh Mills extended its distribution nationally, devoting a moderate amount to advertising in city markets throughout India

The management of Vora and Company developed the machinery and the method of processing its product on a trial and error basis. The first product offered was not deemed satisfactory by the management and was withdrawn from the market. Not until 1961 was the company satisfied with the product’s quality and with its processing equipment, which, when perfected, could produce on a one shift

You May Also Find These Documents Helpful

  • Powerful Essays

    Since 1861, when the brothers Richard and George took over Cadbury, the British confectionary company has continually expanded and developed, now standing as the second largest confectionary company in the world, shortly followed by Mars. The company now operates in over 60 countries worldwide and has a multi-billion pound turnover each year (Factbox: British confectioner Cadbury, 2010), demonstrating its success. There are many factors that have contributed to the success of Cadbury over the years. The three decisive factors, however, will be focussed on and explored in this essay; Quaker values, sales and marketing and product innovation. The aim of the essay is to explore the relative importance of all three of these factors and discuss, from different viewpoints, how critical they were in making Cadbury the successful company that it is today. Throughout this essay, I will argue that it is a combination of the factors stated that have led Cadbury to success. No single factor stated has been enough to be fully influential in the growth of the company and I will contend that all factors considered simultaneously in order to fully explain how and why Cadburys has accomplished so much over the years. I also aim to consider other factors which may have been more significant in Cadbury’s growth. The essay will be structured in a way that discusses the contribution of firstly Quaker values, secondly product innovation and finally sales and marketing, providing critical evaluation throughout. I will also discuss the link between the three factors and allow scope for other factors that may also have contributed to Cadbury’s success story.…

    • 1573 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Vincor Case

    • 634 Words
    • 3 Pages

    Mission Statement (internal) - Situation analysis (SWOT) – Diagnosis (issues analysis) – Define Objectives – Marketing Strategy towards objectives (Targeting, Positioning, 4Ps)…

    • 634 Words
    • 3 Pages
    Good Essays
  • Good Essays

    [The difference of these prices is the amount for the life insurance you will receive and if you are killed by any chance your beneficiary will get the money of the life insurance from Vurich-American due to whatever plan you chose]…

    • 612 Words
    • 3 Pages
    Good Essays
  • Good Essays

    WHOLE FOODS MARKET

    • 689 Words
    • 3 Pages

    By acquiring Wild Oats Market they ensured the domination of the market and be the #1 company in the industry.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Greggs plc

    • 6699 Words
    • 30 Pages

    This report outlines the blend of marketing mix components used to position the offering; the implementation method adopted to ensure effective product and service delivery; and the control mechanisms utilised to make sure that objectives are achieved.…

    • 6699 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Emerging Markets (Buss4)

    • 1142 Words
    • 5 Pages

    In 1994, three years after the barriers to international trade had opened in India, Kellogg’s decided to invest US $65 million into launching its number one brand, Corn Flakes. The news was greeted optimistically by Indian economic experts such as Bhagirat B Merchant, who in 1994 was the director of the Bombay Stock Exchange. ‘Even if Kellogg’s has only a two percent market share, at 18 million consumers they will have a larger market than in the US itself,’ he said at the time.However, the Indian sub-continent found the whole concept of eating breakfast cereal a new one. Indeed, the most common way to start the day in India was with a bowl of hot vegetables. While this meant that Kellogg’s had few direct competitors it also meant that the company had to promote not only its product, but also the very idea of eating breakfast cereal in the first place.The first sales figures were encouraging, and indicated that breakfast cereal consumption was on the rise. However, it soon became apparent…

    • 1142 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Viro Case Summary

    • 349 Words
    • 2 Pages

    1) Part of Viro’s supply chain consists of sources its speed controllers to its supplier Oberfranken (tier 1 supplier). Oberfranken intended to source its voltage regulators from a factory in Malaysia however the factory was destroyed so Oberfranken had to change course and outsource its voltage regulators to Zamboni (Tier 2 supplier). Since Zamboni uses a higher voltage it needed to recalibrate the circuits so they outsourced to Yamagata Buhin (tier 3 supplier) in Japan. Yamagata Buhin needed sealant for the circuits so they outsourced to the company Consolidated Chemical (Tier 4). In order for Consolidated Chemical to produce the sealant they needed a valve so they outsourced to Haskell supplies. See Exhibit 1 for diagram of supply chain.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Mix

    • 881 Words
    • 4 Pages

    The concept or term of “marketing mix” became popular after Neil H. Borden published his article in 1964, The Concept of the Market Mix. He later began teaching this term in the late 1940’s. The ingredients in Borden’s marketing mix…

    • 881 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Vf Corp Case Summary

    • 164 Words
    • 1 Page

    VF Corp developed expertise and capabilities to reduce costs and improve processes in its internal manufacturing that resulted in efficient performance and speedy delivery of products to market in “days instead of weeks”. The efficiency of its supply chain with quick turnaround creates a competitive advantages by reducing inventory and increase sales volume resulting in increased revenues. The company also created value by outsourcing productions, consequently reducing fixed cost and achieving better economies of scale. Shifting to suppliers in geographic regions where tariffs and quotas are more comparatively advantageous; achieving a corporate margin between 10-15%. Global acquisitions of diversified and profitable companies, not only increased VF’ market shares and revenue growth up - to 30% by 2008.…

    • 164 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Vodafone case questions

    • 341 Words
    • 2 Pages

    5. What role do hostile takeovers play? In their absence what mechanisms perform the same function? How is the German Corporate Governance…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bill Watson as President of Science Technology Company (STC) should ask the Chief Financial Officer, Harry Finson, to fine tune and rehash the 5 year financing plan Harry prepared. This is to address the following issues and concerns:…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Kellogg Case Study

    • 2784 Words
    • 12 Pages

    The case analyzes the causes that led to the failure of the Kellogg breakfast cereal brand in the Indian market. The case examines the measures the company adopted on the marketing front to rectify its mistakes and at the efficacy of these measures.…

    • 2784 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    Mr Venkatesh, now the CEO, saw a potential market of 500million mostly teenage and young adult Indians paying Rs10 or more to eat a vadapav, a typical Mumbai street-food dish of a spicy vegetable patty in a bun. He was also counting on big social changes under way in India, including longer commutes for lower-middle-class Indians, who he noted “don’t have so much time for food”.…

    • 3152 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Vodafone Case

    • 1450 Words
    • 6 Pages

    The UK mobile telecommunications market is one of the most competitive in the world and, as a consequence, customer attrition or ’churn’ is high. In 2005, as part of a strategy to build on its market leadership, Vodafone UK began the quest for a competitor intelligence tool that would help its sales advisors reduce customer attrition and secure new sales. Vodafone wanted a service that would deliver timely, accurate information on the tariffs, deals and handsets being offered by its competitors to the employees that need it most the customer facing staff. After a rigorous analysis of competitor intelligence offerings from over a dozen providers, Vodafone UK selected CInergy’s Accelerated Intelligence™. The service delivers same day market tracking and analysis of key competitor information from other mobile operators, major retailers and mobile virtual network operators.…

    • 1450 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    This is a short report, containing marketing data on both the cereal market and a specific business, Bokomo UK. The data was obtained from secondary marketing research. Bokomo´s website was one of the main reference guide.…

    • 3605 Words
    • 11 Pages
    Best Essays

Related Topics