RURAL MARKETING STRATEGIES-WITH REFERENCE TO FMCG It’s not only the grass is greener in the country side‚ that’s also where a chunk of corporate top line actually comes from. It’s time to tap the rural gold mine. The Hindu Business Line Abstract: Rural marketing is the much talked subject for the business establishment. A decade ago rural market was seem to be unstructured and this was not found to be a target location of the corporate. This is due to the hurdles such as illiteracy
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A Foray into Indian FMCG Industry Wrote by : Saraswat Bhattacharya MBA 090093 Amrita school of business 1. What is FMCG? Products which have a quick turnover‚ and relatively low cost are known as Fast Moving Consumer Goods (FMCG). FMCG products are those that get replaced within a year. These include a wide range of frequently purchased consumer products such as toiletries‚ soap‚ cosmetics‚ tooth cleaning products‚ shaving products and detergents‚ as well as other nondurables such as glassware
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In this assignment we introduce the idea that the organizational culture is the personality of an organization which can be defined‚ measured‚ sustained and changed and have an important impact on an organization’s effectiveness. We want to define organizational culture as it is presented by two theorists‚ indicate levels of expressions of culture in an organization‚ and provide specific strategies or tools to modify organizational culture. We know that every individual has something that psychologists
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behavior towards the new packaging of FMCG products. The importance of packaging design as a vehicle for communication and branding is growing in competitive markets for packaged FMCG products. This research utilized a focus group methodology to understand consumer behavior toward such products. The challenge for researchers is to integrate packaging into an effective purchasing decision model‚ by understanding Consumer’s behavior towards the packaging of FMCG products. When consumers search for and
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Services Marketing PEOPLE‚ TECHNOLOGY‚ STRATEGY Sixth Edition CHRISTOPHER LOVELOCK JOCHEN WIRTZ Services Marketing People‚ Technology‚ Strategy S I X T H E D I T I O N Christopher Lovelock Yale University Jochen Wirtz National University of Singapore Upper Saddle River‚ New Jersey 07458 Library of Congress Cataloging-in-Publication Data Lovelock‚ Christopher H. Services marketing : people‚ technology‚ strategy / Christopher Lovelock‚ Jochen Wirtz.—6th ed. p. cm. Includes
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Sectors contributing to India’s GDP India is a vast country‚ so the sectors contributing to the country’s GDP is also big in numbers. Various sectors falling under the India GDP composition includes food processing‚ transportation equipment‚ petroleum‚ textiles‚ software‚ agriculture‚ mining‚ machinery‚ chemicals‚ steel‚ cement and many others. Agriculture is the pre dominant occupation in India‚ employing more than 50% of the population. The service sector accounts for employing more than 25%
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Driving can be stressful for everyone. Even though it is the most convenient way to arrive to our destination today‚ it can be extremely challenging. The problem is not driving because that is pretty simple‚ it is the people who are out there sharing the road with you. I have only been driving for about a year now‚ but I have seen some reckless drivers. For instance‚ some drivers can be in a hurry‚ oblivious‚ or even filled with rage. Naturally I understand if someone is speeding past me because
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Current Trends: Challenges faced by FMCG supply chain in India * Several layers of intermediaries does not allow the supply chain to be cost effective and efficient. * Use of IT and other systems like ERP‚RFID is not very prevalent. * Complex tax structure: High Indirect tax‚ lack of uniformity‚ high octroi and changing tax policies result in escalating prices at every level of supply chain. * Poorly developed agricultural infrastructure. * High power cost * Lack of proper
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KEY SUCCESS FACTORS IN THE BANKING INDUSTRY. A key success factor is the thing that most affects the ability of a company to succeed in the market. A company must develop competence on its industry’s key success factors if it has to remain successful. Sound strategy incorporates efforts to be competent on all key industry success factors and to excel on at least one factor. The key success factors in the banking industry include: 1) Management – Management plays a key role in ensuring
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Lean: A key success factor in automobile industry Abstract The concept of Lean Manufacturing is well known and is being applied widely in industry. As industry moves forward in deploying lean concepts‚ it is important to recognize the potential benefit for attacking waste in above-the-shop-floor processes. While the benefits are significant in production‚ this typically constitutes less than 30 percent of the total cost of a product. Furthermore‚ the distributed‚ collaborative nature of manufacturing
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