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	<title>MBA Projects &#187; Entertainment</title>
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		<title>iAspire 2011</title>
		<link>http://managementfunda.com/iaspire-2011/</link>
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		<pubDate>Fri, 03 Jun 2011 18:03:54 +0000</pubDate>
		<dc:creator>Yogin Vora</dc:creator>
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		<description><![CDATA[
<p><a href="http://managementfunda.com/wp-content/uploads/2011/06/Managementfunda.jpg"></a></p>
<p><strong>CAREER COUNSELLING EXPO</strong></p>
<p><strong> </strong>iASPIRE 2011, The CAREER COUNSELLING EXPO at HK Institute of Management Studies &#38; Research (Oshiwara) to be held on June 11, 2011 (Saturday) is an initiative by the management students to create a forum where practicing professionals will help career aspirants know how to build a successful career by pursuing an MBA which offers RIGHT kind of [...]]]></description>
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<p><a href="http://managementfunda.com/wp-content/uploads/2011/06/Managementfunda.jpg"><img class="aligncenter size-full wp-image-6675" title="iAspire logo" src="http://managementfunda.com/wp-content/uploads/2011/06/Managementfunda.jpg" alt="" width="207" height="70" /></a></p>
<p><strong>CAREER COUNSELLING EXPO</strong></p>
<p><strong> </strong>iASPIRE 2011, The CAREER COUNSELLING EXPO at HK Institute of Management Studies &amp; Research (Oshiwara) to be held on June 11, 2011 (Saturday) is an initiative by the management students to create a forum where practicing professionals will help career aspirants know how to build a successful career by pursuing an MBA which offers RIGHT kind of curriculum and industry orientations.</p>
</div>
<p style="text-align: justify;">The theme of the expo titled iASPIRE 2011 is to let the MBA aspirants know the power of RIGHT kind of an MBA that can secure their future. There are various issues that confuse any MBA aspirant:</p>
<p style="text-align: justify;">&nbsp;</p>
<ul style="text-align: justify;">
<li>Is the MBA curriculum RIGHT enough to bridge the gap between &#8216;what is being taught in the classroom and what is applicable in the real world?&#8217;</li>
<li>How can MBA help in developing emotional, ethical, spiritual quotients which are critical traits for a successful business leader?</li>
<li>Is Soft Skills a critical success factor and helps to really raise the employability quotient?</li>
<li>Will the MBA qualification help to get a white-collared managerial job?  etc., etc.</li>
</ul>
<p style="text-align: justify;">The forum will provide clarifications to many such pertinent issues important from the perspective of a RIGHT Career decision. The expo will begin at 9.30 am and continue till 4.30 pm, where two hours seminar will be held in a spacious, high-technology auditorium, where corporate and industry professionals will provide an insight to the aspirants.</p>
<p style="text-align: justify;">The lead speaker of the seminar is Ajeet Khurana, the highly acclaimed author of CAT &amp; GMAT books published by McGraw-Hill Education. Mr. Khurana started his career in formal training as a faculty member at the University of Texas at Austin (United States). Eventually, he set up his own training institute and now a popular speaker in India and abroad on MBA as a career. He is currently the Editor of Business Majors at About.com and Director of Corpus Collosum Learning, a conventional book publishing company in India.</p>
<p style="text-align: justify;">Similar high profiled public speakers and experts will engage and enlighten the aspirants on the value of an MBA in the corporate world and for a society as a whole. Post seminar there will be</p>
<ul style="text-align: justify;">
<li>Free counselling sessions on career opportunities in the field of Marketing, Finance, Human Resources, Operations, etc.</li>
<li>Independent sessions where theatre and film makers will use the simulation techniques to help you build a RIGHT kind of attitude and confidence, the most important aspects of personality</li>
<li>Grooming experts will help you learn the social etiquettes critical for your survival in the corporate world</li>
<li>Corporate trainers will enunciate the value of soft skills required for corporate success</li>
<li>Business Quiz to help you assess your management aptitude</li>
</ul>
<p style="text-align: justify;">During the event, the institute will be launching a SOFT SKILLS LAB, where the MBA students will be trained by professional trainers on modules beyond curriculum. This will be  pioneering effort by any management institute in Mumbai to hand-hold, develop and chisel the students on their various soft skills and quotients and help enable them to be effective leaders.</p>
<p>For further information, please contact,KavitaPingle, Academic Counsellor(+91 9004966569)  |<a href="mailto:kavita.pingle@hkcollege.ac.in|">kavita.pingle@hkcollege.ac.in|</a> OR Vishal Singh(+91- 9773410799), AbhijithBalan (+91- 9823420068),NileshGupta(+91- 9819891575).</p>
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		<title>7 P&#8217;s of FACEBOOK [Marketing Mix]</title>
		<link>http://managementfunda.com/7-ps-of-facebook-marketing-mix/</link>
		<comments>http://managementfunda.com/7-ps-of-facebook-marketing-mix/#comments</comments>
		<pubDate>Thu, 21 Apr 2011 19:20:38 +0000</pubDate>
		<dc:creator>Yogin Vora</dc:creator>
				<category><![CDATA[Advertising]]></category>
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		<guid isPermaLink="false">http://managementfunda.com/?p=6221</guid>
		<description><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/04/Facebook_1.jpg"></a></p>
<p style="text-align: justify;">Facebook is a privately owned website and social network founded in 2004 by Harvard university students Mark Zuckerberg with his fellow students Eduardo Saverin, Dustin Moskovitz and Chris Hughes. It was operation in the limited area of Harvard in 2004 and become fully accessible in 2006. The main purpose for [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/04/Facebook_1.jpg"><img class="aligncenter size-full wp-image-6222" title="Facebook Banner" src="http://managementfunda.com/wp-content/uploads/2011/04/Facebook_1.jpg" alt="" width="682" height="400" /></a></p>
<p style="text-align: justify;">Facebook is a privately owned website and social network founded in 2004 by Harvard university students Mark Zuckerberg with his fellow students Eduardo Saverin, Dustin Moskovitz and Chris Hughes. It was operation in the limited area of Harvard in 2004 and become fully accessible in 2006. The main purpose for launching the website was bringing a connection between Harvard students, to know each other more and in better way but now the same purpose is being followed worldwide.</p>
<p style="text-align: justify;"><strong>Product</strong></p>
<p style="text-align: justify;">
• Facebook has launched number of products including friends, messages, games, groups, photos, links, videos, a marketing space, advertisements, products pages, uncountable applications and a lot more.<br />
• Users can communicate so well with their far off friends by sending them virtual gifts according to the occasion for a minimum price of one dollar. This type of applications are visible on almost every user profile on the occasion like Christmas, Eid, Independence day celebrations, birthdays etc (Michelle, 2008).<br />
• Facebook offers social plug-in, graph API, Social Channels, Authentications and the open graph protocols to the web developers.<br />
• Proxy and private settings are provided to the users to settle up their profile availability along with the customization of the material being loaded up on their profiles.<br />
• Users are now provided access to Facebook through their mobiles; this has rendered more clicks to Facebook by increasing the daily user percentage because of any time access.<br />
• Facebook has provided an opportunity to Facebook users to register their complaints for the website access, while improving the services miles forward.</p>
<p style="text-align: justify;">
<strong>Price</strong></p>
<p style="text-align: justify;">
• People that are lured into Facebook enjoys all services free of cost, while one controversial statement says that this is a virtual cost by means of  using personal information of users but this actually is not the case, as one can put as much secrecy and privacy one can.<br />
• Facebook earns most of the revenues by the commercial groups, online events that are organized by the company, advertisements that come on the side of logged on page.<br />
• Facebook being a private company doesn’t opens up its revenue earning units but always welcomes Brand advertising, performances advertising. Virtual goods and Microsoft advertising and has earned up to 1.1 billion dollars from this, according to a rough estimate (Dempsey, 2006).</p>
<p style="text-align: justify;">
<strong>Place</strong></p>
<p style="text-align: justify;"><strong></strong>• Almost 600 million users are registered with Facebook, being accessed mostly by U.S community.</p>
<p style="text-align: justify;">• The network is most popular nowadays as it can be accessed anywhere, in schools, colleges, universities and homes throughout the world.<br />
• Facebook has its availability along the globe and Egypt revolution is commendably associated with the promotions provided by Facebook.</p>
<p style="text-align: justify;">
<strong>Promotion</strong></p>
<p style="text-align: justify;">
• Facebook had become partner with Microsoft, Pandora and Yelp according to a planned strategy, and has earned a lot of promotion by taking this step, by increasing user number along with ads promotion on Facebook by different companies (Rosmarin, 2006).<br />
• The website is providing small businesses big blow opportunities to establish and this promotes face usage as well, by their product customers being Facebook users ultimately.</p>
<p style="text-align: justify;"><strong>Extended Mix:<br />
</strong><br />
<strong>People:</strong><br />
Facebook employs about &#8212;- people</p>
<p style="text-align: justify;"><strong>Process:<br />
</strong> Systems used for the FB servers, the thousands of applications, games available to the public</p>
<p style="text-align: justify;"><strong> Physical Evidence:<br />
</strong>Nothing per se, but if we are to measure, we can measure the FB site and chat connectivity</p>
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		<title>Connectivity changed through Social Media!</title>
		<link>http://managementfunda.com/connectivity-changed-through-social-media/</link>
		<comments>http://managementfunda.com/connectivity-changed-through-social-media/#comments</comments>
		<pubDate>Sat, 12 Mar 2011 19:08:45 +0000</pubDate>
		<dc:creator>Namrata Kumblekar</dc:creator>
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		<description><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/03/2945559128_53078d246b.jpg"></a></p>
<p style="text-align: justify;">Social Media is a term widely used today. Everyone around only seems to be speaking of the various social networking sites. It’s not uncommon to see children of age 5 and 7 facebooking and tweeting today. Social media has become part of our daily lives and it is widely used [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/03/2945559128_53078d246b.jpg"><img class="aligncenter size-full wp-image-6184" title="Social Media" src="http://managementfunda.com/wp-content/uploads/2011/03/2945559128_53078d246b.jpg" alt="" width="480" height="401" /></a></p>
<p style="text-align: justify;">Social Media is a term widely used today. Everyone around only seems to be speaking of the various social networking sites. It’s not uncommon to see children of age 5 and 7 facebooking and tweeting today. Social media has become part of our daily lives and it is widely used like any other media such as newspapers, radio and television. Social media today is however used much more than just sharing information. Today, social media is used for creating and exchanging ideas much quickly and widely than the conventional media. With the invasion of social media the power has been transferred from corporations and institutions to individuals and communities. Today it’s all about creativity, communication, connection, creation of new ideas, community, collaboration and competition.<br />
Facebook, twitter, flickr and blogs have made the world a smaller place. It is now possible to stay connected to anyone across the globe.<br />
The biggest news today is of the Japan earthquake and the tsunami. While the news channels tried to cover the latest updates the initial news of the earthquake had flashed all over twitter and facebook. Locals from Japan used social media to share images and videos and also constant updates of the tremors felt and the impact of the earthquake along with added individual emotions. These constant updates left a deeper impact on people as they heard of the news and saw images shared first hand through people who are actually undergoing this devastating calamity. Within minutes of the earthquake people had expressed their sympathy and support for Japan through twitter and facebook status updates. Barack Obama president of the United States updated his status constantly to inform citizens of the measures taken by the US Govt. to ensure the safety of Hawaii another island which was under immediate threat after the tsunami hit Japan.<br />
The impact of social media is evident from people’s reaction to such calamities. Probably a decade ago when such calamities occurred in another part of the world people did not feel close enough or could not express their empathy towards the victims or feel their pain. However today with the help of social media the world has truly become a smaller place. We are now able to connect to the victims and share their emotions irrespective of not personally knowing them. We are also able to now express what we feel and communicate with people living in areas that are affected by such disasters. Similarly in such situations, friends and relatives use this medium to connect with their loved ones.<br />
Another striking use of social media today is by communities. People with common interests make groups on facebook and twitter and use this as a medium of communicating and updating group members of events etc. These group members might be sitting in different continents but are still operating as a team and ensuring their certain goals are met. This is the level of connectivity today. You don’t have to be living or working on the same continent as your colleagues but you are still an integral part of a team that helps in achieving group goals.<br />
We see politicians using social media to reach out to the laymen in the country. Barack Obama constantly updates his twitter messages and tries very well to stay connected to his people. Similarly, Narendra Modi uses this medium to give updates of his campaigns and rally’s. We also see journalists like Barkha Dutt and Rajdeep Sardesai give updates and their views on the current affairs of the nation. This helps us stay connected to the world even without a news paper or a television box.<br />
Similarly a lot of celebrities today use twitter as a platform to connect to their fans. Hence, the classic myth of celebrities living in a far off land and not being ordinary people has been contradicted and it’s now easy to understand their whereabouts and their day to day lifestyle through social media even if they are situated continents away.<br />
But the true question is, is social media like facebook and twitter only used for communication and exchange of ideas and to increase connectivity? The answer to this is obviously No! This is evident from the high stakes and investments in social media today. Goldman Sach a leading bank has invested $450 million in facebook, as a part of a transaction that implies the social network has a valuation of around $50billion. Facebook and twitter is way beyond just a networking website. It is now also a platform for companies and institutions to connect to the common man. We see big companies investing high funds in social media and social advertising. Tata Sky had a big campaign in 2009 on twitter where they had a TV set as a puppet with constant tweets.<br />
A lot of businesses are using social media to get in front of their Target Audience. By doing this companies are now able to understand what people ad consumers view their Brand as. This is commonly known as Brand Monitoring. Marketers are seeing a significant increase in web traffic with only a few hours invested per week. Through facebook and twitter B2C networking is increasing while linkedin is used to strengthen the B2B network.<br />
I would like to speak about the Social Media  changing the business world in my next artivle however today  I will conclude with a statement that is rightly said that social media is a revolution and is changing our lives and our understanding of connectivity and networking.</p>
<p style="text-align: justify;">Namrata Kumblekar &#8211; <strong>namrata@managementfunda.com</strong><br />
<strong> Media Analyst</strong></p>
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		<title>Piggybacking on the Religion that is Cricket</title>
		<link>http://managementfunda.com/piggybacking-on-the-religion-that-is-cricket/</link>
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		<pubDate>Mon, 07 Mar 2011 17:49:50 +0000</pubDate>
		<dc:creator>Prajakta Yeole</dc:creator>
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		<description><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/03/Managementfunda8.jpg"></a></p>
<p style="text-align: justify;">The crazy country of cricket fanatics – that is what will define India for the coming month. That is not to say that cricket fever will then subside, just normalize after its crescendo. During a time that everyone’s eyes are riveted to the television screen, and with the onset of [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/03/Managementfunda8.jpg"><img class="aligncenter size-full wp-image-6173" title="Cricket and Pepsi" src="http://managementfunda.com/wp-content/uploads/2011/03/Managementfunda8.jpg" alt="" width="580" height="580" /></a></p>
<p style="text-align: justify;">The crazy country of cricket fanatics – that is what will define India for the coming month. That is not to say that cricket fever will then subside, just normalize after its crescendo. During a time that everyone’s eyes are riveted to the television screen, and with the onset of summer, presents a nice opportunity to Cola manufacturers to capitalize on sales. And leading the vanguard is PepsiCo.<br />
Pepsi has always been at the forefront of capturing advertising and image rights for all things Cricket. And it routinely comes out with special marketing campaigns and the like during the oft occurring cricket tournaments; case in point – the Indian Premier League. During IPL Season 2 in February 2009, PepsiCo joined hands with Team Chennai Super Kings, the winners of the inaugural IPL as their official beverage sponsors. Their image was significantly boosted by the appearance of the charismatic captain M S Dhoni in CSK’s and Pepsi’s adverts. Then during the last IPL, season 3, they came out with the ‘PEPSI YOUNGISTAAN WOW’ contest wherein fans could play a mini-game on a website or their cellphones. Star power was in the form of Ranbir Kapoor and Sanjay Dutt. PepsiCo flexed its muscles by emerging as the sole bidder for the IPL title rights. Thus, Pepsi will get exclusive rights from the BCCI for the next edition of the Indian Premier League.<br />
Pepsi also used cricket as the launch platform for its new packaged nimbu-paani drink ‘Nimbooz’, by associating itself with the Kings XI Punjab. Everytime a player from KXIP hit a boundary cheerleaders would perform the bhangra and one lucky Nimbooz customer would win an all-expense paid trip to South Africa and also get to meet all the KXIP players. Cricket, nimbu-paani and cheerleaders – an explosive combination – and a match-winning one!<br />
Being environmentally responsible is also on Pepsi’s list and it uses their achievements to good effect. In 2009 PepsiCo India recycled and gave back more water than they consumed through various initiatives like recharging, replenishing and reusing water. The green campaign won them many admirers and improved their image.<br />
Another coveted campaign is the Pepsi ‘MyCan’. Here the Bollywood bigshots – King Khan SRK, the suave John Abraham, the svelte Deepika Padukone and the young Imran Khan featured for Pepsi to round off the veritable list of stars. The unique form factor of the can and the stylish packaging made it a great hit with the youth brigade. Unique concepts like Pepsi Diet for the health conscious, 2-litre bottles for the party animals and recyclable cola bottles for the environment-caring also positively affected their bottom-line.<br />
‘Change the Game’ is their tagline as the Official Sponsors of the Cricket World Cup 2011. It features different cricketers in different short-films. Designed to address the Youngistaan crowd, you have the big-hitting Dhoni with his ‘Helicopter Shot’ and Kevin Pietersen with his ‘Switch Hit’. The selection of famous cricketers with an Indian setting to the ad films shall surely endear them to Indian fans. ‘Change the Game’ appeals to today’s Indian youth who wants to break free from the shackles of orthodox thinking and define their own rules.<br />
Pepsi also has offers galore for one and all. They have a tie-up with Pizza Hut where consumers get a Pepsi free with each order of a Medium Pizza. Pizza Hut provides the marketing while Pepsi delivers the goods – a win-win for both.<br />
Among all these advertisements during the World Cup, it shall be interesting to see what Coca-Cola’s reply shall be. I’m sorry, Coke-who?</p>
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		<title>Is Media Responsible or Just a Puppet of the Powerful?</title>
		<link>http://managementfunda.com/is-media-responsible-or-just-a-puppet-of-the-powerful/</link>
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		<pubDate>Tue, 01 Mar 2011 11:34:56 +0000</pubDate>
		<dc:creator>Namrata Kumblekar</dc:creator>
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		<guid isPermaLink="false">http://managementfunda.com/?p=6150</guid>
		<description><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/03/Managementfunda.jpg"></a></p>
<p style="text-align: justify;">Breaking News&#8212;IT raid at Priyanka Chopra’s house! This news was flashed day and night for almost 7days a few weeks ago. Every channel had some new insights to this raid. Shahid Kapoor opens Priyanka’s door for the IT raid. Could this mean Priyanka and Shahid are in a relationship?
How does [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/03/Managementfunda.jpg"><img class="aligncenter size-full wp-image-6151" title="Media V/s Politics" src="http://managementfunda.com/wp-content/uploads/2011/03/Managementfunda.jpg" alt="" width="350" height="293" /></a></p>
<p style="text-align: justify;">Breaking News&#8212;IT raid at Priyanka Chopra’s house! This news was flashed day and night for almost 7days a few weeks ago. Every channel had some new insights to this raid. Shahid Kapoor opens Priyanka’s door for the IT raid. Could this mean Priyanka and Shahid are in a relationship?<br />
How does news like this help our country develop? Or how does it give us resourceful information?<br />
In my previous article I mentioned how media is impacting our lives and politics today. However, the question is how liable is media today? Is it just influenced under tremendous powers? Or is it socially responsible?<br />
Rajdeep Sardesai mentioned in one of his shows on IBN that, “Media should reflect the society and not construct it”. But we rarely see anyone sticking to this statement today.<br />
I am aware that the media provides what we demand. Indians in general are emotional people. Bollywood influences our lives and we thrive for spicy news. However it is the job of the media to not show what the viewer demands but to concentrate on what information will benefit the country.<br />
Media has done a great job covering the Jessica Lal case and the 26th Dec 2008 Mumbai terrorist attacks. It created an impact on the nation. However seldom we hear resourceful news.<br />
We commonly say that media is powerful and has the power to eradicate corruption from the system. But the true question is if Media itself is corruption free? Media operates under the influence of the Powerful people in India. Since it is the most important channel to spread news and views quickly many political parties like to be favored by this vital system and so also the business men to market their product.<br />
Recently, there were rumors flying of an involvement of top businessmen Ratan Tata and influential journalists Barkha Dutt and Vir Sanghvi in the appointment of Raja the Telecom Minister. Tehlka announced that Ratan Tata’s company would be a direct beneficiary from Raja’s appointment as the telecom minister. Hence, it becomes a criminal act under the Indian Penal Code when the biggest industrialist of this country like Ratan Tata tried to influence not a small affair but the very process of Cabinet formation with the help of the most influential journalists like Barkha Dutt and Vir Sanghvi.<br />
Today it is said that most of these journalists are bought by influential people. They are playing the roles of a broker and ensuring filtered information is sent across to the nation. They have the power to influence people and are using them to their best benefit and are working on corrupt grounds themselves.<br />
This is very evident from news printed in news papers where certain news papers always seek to the benefits of a particular political party or a ruling business man.<br />
Tehlka the first sting operation impressed the public with its efforts to unfold a lot of scams. However today it has been used as a weapon by the opposition and powerful competitors to ruin their rival’s career. Several sting operations could not prove their capability and hence could be a planned conspiracy for an intended outcome.<br />
Today we have over 44 news channels that operate 24X7 and are constantly hungry for news. Creating news is the only option of survival for most journalists today. Hence, biasness and corruption get easy opportunity to play their role.<br />
Indian Media could be misusing its freedom. It is important that they do not remain biased and help the nation grow by providing news that will benefit the nation and the overall GDP growth of our country. It’s necessary the media awakens towards its responsibilities to the country and uses its powers to the best interest of the growth of the country as a whole and not the benefits of individual businessmen and powerful political parties.</p>
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		<title>News Media Impacting our Lives Today</title>
		<link>http://managementfunda.com/news-media-impacting-our-lives-today/</link>
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		<pubDate>Mon, 21 Feb 2011 09:45:53 +0000</pubDate>
		<dc:creator>Namrata Kumblekar</dc:creator>
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		<guid isPermaLink="false">http://managementfunda.com/?p=6101</guid>
		<description><![CDATA[<p style="text-align: justify;">Media has always played a vital role in our lives. However, about a decade ago one would never have imagined how this channel of communication would grow on to us. Today we eat, sleep and drink media.  Is this because our interactions with families and friends have reduced due to the rage of [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><span style="font-size: 11.6667px;">Media has always played a vital role in our lives. However, about a decade ago one would never have imagined how this channel of communication would grow on to us. Today we eat, sleep and drink media.  Is this because our interactions with families and friends have reduced due to the rage of media in our lives? Today, we are virtually connected to any part of the world and any information is available with just a click. This has convinced man to be socially secluded but still be connected to the world and the world information.</span></p>
<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/02/News-Media.gif"><img class="aligncenter size-full wp-image-6102" title="News Media Impacting our Lives Today" src="http://managementfunda.com/wp-content/uploads/2011/02/News-Media.gif" alt="" width="490" height="420" /></a></p>
<p style="text-align: justify;">Let me just speak about the impact of News Media on our Country today. Initially Radio was considered as a medium of news across the nation. Eventually people switched over to television and the 9:00 pm news on doordarshan complimented dinner for every household. However today, television has emphasized a lot on news channels and broadcasts over 40 news channels across different languages like English, Hindi, Marathi and other regional languages. News is also further bifurcated as Business News, Entertainment News, etc!  About 10 years ago no one would have imagined having an option of 40 news channels with news and information of individual interests!  But today we can switch over from the stock markets to the world news to bollywood updates.  However what’s important for us to note is how far the information shared on these news channels is effective and viable to trust.</p>
<p style="text-align: justify;">Do the powerful new media play any role in Politics? While the short term and long term effects cannot be denied, does the new media offer us sound political information or simply entertain us for profits and ratings. Media is known to create controversies and destroy them. However today let’s emphasize on the positives of Media’s Role in Politics.</p>
<p style="text-align: justify;">Media is an important asset in a Democratic Country like India. Whether it is the crimes, the election campaigns or just moral responsibility the Media is playing an important role to cover the news. Shows like ‘We the People’ hosted by the famous Barkha Dutt on NDTV 24X7 is a show based on discussion of burning issues where a panel is invited for every discussion. The show raises controversies but also showcases a diversity of views. Similarly we have shows like the ‘Big Fight’ hosted by Vikram Chandra, aired on NDTV  and ‘Versus’, hosted by Arnab Goswami aired on Times Now which bring in live issues and politicians to address these issues. Through such involvement of distinguished Indian Politicians and Political experts we can expect good results in terms of motivating young educated Indians and create awareness across the nation.</p>
<p style="text-align: justify;">Politicians today have become aware of the impact of media and internet on our lives. Advani has taken an important leap by promoting his campaigns online. Political parties like BJP and Congress have increased their party projections through websites. It’s a common phenomenon to now get ‘Twitter’ updates from politicians like Narendra Modi who has chosen the Social Media way to reach out to his audiences.</p>
<p style="text-align: justify;">Media has also thrown light on Political crimes and Scams that occur every day and has put a lot of politicians under pressure. The political situation in India is now changing due to Media Interference.</p>
<p style="text-align: justify;">The most recent scams like the ‘2G Spectrum Scam’ where the former telecom Minister Raja was put in controversy for a scam of Rs 1.76lakh crore ,the Common Wealth Games Scam which was considered a loot with Rs. 70000crore spent on the games , the Telgi Scam which estimated a whooping of Rs. 20000 crore plus and the Satyam Scam which was the biggest scam in corporate history to the tune of Rs. 14000 crore have all come into the nations eyes due to the media covering these issues.</p>
<p style="text-align: justify;">Media has brought about a change in people’s thinking, their opinions and has made them more aware. It’s rightly said that Media should be a Mirror of the Society.  Media has a wider reach than any other organization in the country and hence it should use the information collected on various aspects in an unbiased way to help wipe out the injurious political system as well as other malice like corruption, anti national activities and religious fanatism in an effective way.</p>
<p style="text-align: justify;"><span style="font-size: 11.6667px;"><strong>Author&#8217;s Email Address : </strong></span></p>
<p style="text-align: justify;">namrata@managementfunda.com</p>
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		<title>Effective Market Research – Mens Grooming Products</title>
		<link>http://managementfunda.com/effective-market-research-%e2%80%93-mens-grooming-products/</link>
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		<pubDate>Fri, 04 Feb 2011 19:04:52 +0000</pubDate>
		<dc:creator>Shweta Amin</dc:creator>
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		<category><![CDATA[Grooming Products]]></category>
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		<description><![CDATA[<p style="text-align: justify;">There used to be a time when personal grooming products were used by women, only women. It is because nobody then had asked men what they wanted.  In last 5 yrs the prophecy seems to have changed. Over the last few years Indian markets have seen an unexpected growth in market size of [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">There used to be a time when personal grooming products were used by women, only women. It is because nobody then had asked men what they wanted.  In last 5 yrs the prophecy seems to have changed. Over the last few years Indian markets have seen an unexpected growth in market size of MALE GROOMING PRODUCTS</p>
<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2011/02/Managementfunda.jpg"><img class="aligncenter size-medium wp-image-4813" title="Mens Grooming Product" src="http://managementfunda.com/wp-content/uploads/2011/02/Managementfunda-225x300.jpg" alt="" width="225" height="300" /></a></p>
<p style="text-align: justify;"><strong>Major players-</strong></p>
<p style="text-align: justify;">Indian Men&#8217;s Grooming Market Reached $2.0 Billion in 2009. To start with in 2005 Emami Came up with Fair And Handsome, Then came HUL with fair n lovely menz which dint gain a lot of market to itself, it then retried with fair n lovely max fairness &amp; Extended its brand Vaseline with Vaseline for men, Beiersdorf came with Nivea for Men and lastly, L&#8217;Oreal with Garnier PowerLight .</p>
<p style="text-align: justify;"><strong> Market Insights &amp; Outcomes through Market Research</strong></p>
<p style="text-align: justify;">As per Nielsen India 2010 figures it is obtained that the over all cosmetic at 15 per cent year-on-year, Of this Mens fairness cream is 10%, but shows reasonable growth of 30% year over year, which is a good growth to sustain.</p>
<p style="text-align: justify;"><strong> Key Gains from Survey :-</strong></p>
<p style="text-align: justify;">According to Nielsen survey conducted amongst Socio Economic Classes A &amp; B men in Mumbai, Delhi n few more urban cities, Most of the urban men have at least 1 monthly appointment at the salon, to pay special attention towards their grooming.</p>
<p style="text-align: justify;">The surveys like This one, are the tools which led to evolution of Mens Grooming products, and especially, the market for Mens Fairness creams.</p>
<p style="text-align: justify;"><strong> Effective Marketing:</strong></p>
<p style="text-align: justify;">Now lets have a brief outlook of  the marketing formula of these companies, which  has resulted in an evolving and growing market of various brands under this category.</p>
<p style="text-align: justify;">Defining the Four <strong>P’s</strong> of marketing</p>
<p style="text-align: justify;"><span style="text-decoration: underline;">Product</span>:- Caters to the Grooming &amp; Skincare of  Mens</p>
<p style="text-align: justify;"><span style="text-decoration: underline;">Place:-</span> Urban and Semi-Urban cities in India</p>
<p style="text-align: justify;"><span style="text-decoration: underline;">Price :-</span> Affordable to middle class and Upper Middle Class Men in India.</p>
<p style="text-align: justify;"><span style="text-decoration: underline;">Promotions:</span> TV Commercials, Hoardings, Print ads (newspapers)</p>
<p style="text-align: justify;">The most Important and the decisive <strong>P</strong> of all in this category is the <strong>PRODUCT. </strong>As it has been developed meticulously, looking at modern urban Men it has been successful in filling the exact GAP in the existing market and is on better footing since then. This Credit can be assigned to the Efficient Market Insights obtained due to Market Research.</p>
<p style="text-align: justify;"><strong>Author &#8211; (shweta@managementfunda.com)</strong></p>
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		<title>Top Articles for MBA Projects in 2010</title>
		<link>http://managementfunda.com/top-articles-for-mba-projects-in-2010/</link>
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		<pubDate>Thu, 13 Jan 2011 19:59:32 +0000</pubDate>
		<dc:creator>Yogin Vora</dc:creator>
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<p>This are some of the <strong>Most </strong>Visited Articles by the Visitors of <strong>Managementfunda.com, </strong>Do go through once and let us know your valuable <strong>FEEDBACK: </strong>-</p>

<a title="7 P's of ICICI Prudential" href="http://managementfunda.com/7-ps-of-marketing-mix-of-icici-prudential/" target="_blank"><strong>7 P&#8217;s of ICICI Prudential</strong></a>
<strong><a title="SWOT Analysis of Reliance Mutual Fund" href="http://managementfunda.com/swot-analysis-of-reliance-mutual-fund/" target="_blank">SWOT Analysis of Reliance Mutual Fund</a></strong>
<strong><a title="SWOT Analysis of Nokia" href="http://managementfunda.com/swot-analysis-of-nokia/" [...]]]></description>
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<p>This are some of the <strong>Most </strong>Visited Articles by the Visitors of <strong>Managementfunda.com, </strong>Do go through once and let us know your valuable <strong>FEEDBACK: </strong>-</p>
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<li><strong><a title="SWOT Analysis of Nokia" href="http://managementfunda.com/swot-analysis-of-nokia/" target="_blank">SWOT Analysis of Nokia</a></strong></li>
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<li><strong><a title="State Bank of India (SBI)" href="http://managementfunda.com/state-bank-of-india/" target="_blank">State Bank of India</a></strong></li>
<li><a title="bajaj allianz general insurance company limited" href="http://managementfunda.com/bajaj-allianz-general-insurance-company-limited/" target="_blank"><strong>Bajaj Allianz General Insurance Company Limited</strong></a></li>
<li><a title="SWOT Analysis of Bharati Airtel" href="http://managementfunda.com/swot-analysis-of-bharti-airtel/" target="_blank"><strong>SWOT Analysis of Bharati Airtel</strong></a></li>
</ol>
<p>Please Suggest if anything you found useful and it is the best but it is not on the list ???</p>
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		<title>Shoppers Stop Profile</title>
		<link>http://managementfunda.com/shoppers-stop-profile/</link>
		<comments>http://managementfunda.com/shoppers-stop-profile/#comments</comments>
		<pubDate>Wed, 29 Dec 2010 05:49:03 +0000</pubDate>
		<dc:creator>Yogin Vora</dc:creator>
				<category><![CDATA[Advertising]]></category>
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		<category><![CDATA[Brand Management]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[Human Resource]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Marketing Research]]></category>
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		<category><![CDATA[Service Sector]]></category>
		<category><![CDATA[Shoppers Stop]]></category>

		<guid isPermaLink="false">http://managementfunda.com/?p=2274</guid>
		<description><![CDATA[<p style="text-align: justify;"><strong>SHOPPERS STOPS<a href="http://managementfunda.com/wp-content/uploads/2010/12/shoppersstop.gif"></a></strong></p>
<p style="text-align: justify;"><em><strong> </strong></em></p>
<p style="text-align: justify;"><em><strong>Vision: </strong></em></p>
<p style="text-align: justify;">To be a Global Retailer in India and Maintain No.1 position in the Indian Market in the Department Store Category.</p>
<p style="text-align: justify;"><em><strong>Positioning</strong></em></p>
<p style="text-align: justify;">Shoppersâ€™ Stop is positioned as a family store delivering a complete shopping experience defined by its mission, vision and values.</p>
<p [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><strong>SHOPPERS STOPS<a href="http://managementfunda.com/wp-content/uploads/2010/12/shoppersstop.gif"><img class="alignright size-full wp-image-2275" title="shoppers stop Logo" src="http://managementfunda.com/wp-content/uploads/2010/12/shoppersstop.gif" alt="" width="133" height="105" /></a></strong></p>
<p style="text-align: justify;"><em><strong> </strong></em></p>
<p style="text-align: justify;"><em><strong>Vision: </strong></em></p>
<p style="text-align: justify;">To be a Global Retailer in India and Maintain No.1 position in the Indian Market in the Department Store Category.</p>
<p style="text-align: justify;"><em><strong>Positioning</strong></em></p>
<p style="text-align: justify;">Shoppersâ€™ Stop is positioned as a family store delivering a complete shopping experience defined by its mission, vision and values.</p>
<p style="text-align: justify;"><em><strong>1991: Shoppers&#8217; Stop launches at Andheri</strong></em></p>
<p style="text-align: justify;">
Setting up shop in 1991 with its flagship store in Andheri, Mumbai, Shoppersâ€™ Stop is a member of the K. Raheja Corp. of Companies. Shoppersâ€™ Stop is the first retail venture by the K. Raheja Corp. Promoted by Mr. Chandru L. Raheja, Mr. Ravi C. Raheja and Mr. Neel C. Raheja, the K. Raheja Corp. have been leaders in the construction business for over 48 years. With its wide range of merchandise, exclusive shop-in-shop counters of international brands and world-class customer service, Shoppersâ€™ Stop brought international standards of shopping to the Indian consumer providing them with a world class shopping experience.</p>
<p style="text-align: justify;"><em><strong>India </strong></em><em><strong>2000 &amp; Beyond</strong></em><em><strong>â€¦ </strong></em><br />
Expanding its operations to Bangalore, Hyderabad, Jaipur, Delhi, Chennai, Mumbai (Andheri, Bandra, Chembur, Kandivli, Mulund), Pune, Gurgaon and Kolkata, Shoppersâ€™ Stop is today recognised as Indiaâ€™s premier shopping destination. With a customer entry of about 50,000 customers a day, a national presence with over 6, 00,000 square feet of retail space and stocking over 250 brands of garments and accessories, Shoppersâ€™ Stop has clearly become a one stop shop for all customers.</p>
<p style="text-align: justify;"><em><strong>Customer Profile</strong></em><br />
Shoppersâ€™ Stopâ€™s core customers represent a strong SEC A skew. They fall between the age group of 16 years to 35 years, the majority of them being families and young couples with a monthly household income above Rs. 20000 and an annual spend of Rs.15000. A large number of Non &#8211; Resident Indians visit the shop for ethnic clothes in the international environment they are accustomed to.</p>
<p style="text-align: justify;"><strong> </strong></p>
<p style="text-align: justify;"><strong> </strong></p>
<p style="text-align: justify;"><strong> </strong></p>
<p style="text-align: justify;"><strong> </strong></p>
<p style="text-align: justify;"><strong>Product Range offered </strong></p>
<p style="text-align: justify;"><strong>Shopper stop has categorized itself into 4 different areas:</strong></p>
<p style="text-align: justify;"><strong>Men </strong></p>
<p style="text-align: justify;"><strong>Women</strong></p>
<p style="text-align: justify;"><strong>Kids</strong></p>
<p style="text-align: justify;"><strong>Fragnance and Home &amp; travel</strong></p>
<p style="text-align: justify;">The stores offer a complete range of apparel and lifestyle accessories for the entire family. From apparel brands like Provogue, Colour Plus, Arrow, Levi&#8217;s, Scullers, Zodiac to cosmetic brands like Lakme, Chambor, Le Teint Ricci etc.,Shoppers&#8217; Stop caters to every lifestyle need. Shoppers&#8217; Stop has also introduced its own line of clothing in the classic, value classic and value fashion segments. These are LIFE, STOP, KARROT and KASHISH that are available across different categories.</p>
<p style="text-align: justify;">The merchandise at Shoppers&#8217; Stop is sold at a quality and price assurance backed by its guarantee stamp on every bill. Shoppersâ€™ Stop has 4 division the Menâ€™s apparels, ladies apparels, kids wear and the Non-apparels. Following is their contribution to the turnover.</p>
<ul style="text-align: justify;">
<li>Menâ€™s 43% of sales.</li>
<li>Womenâ€™s 18% of sales.</li>
<li>Kids 8% of sales.</li>
<li>Non-Apparels 31% of sales.</li>
</ul>
<p style="text-align: justify;">Based on the 4 areas specified above there can be further sub segmentation</p>
<p style="text-align: justify;"><strong>1) Men section</strong> is further sub divided into men</p>
<ul style="text-align: justify;">
<li>Men apparel</li>
<li>Men accessories</li>
</ul>
<table style="text-align: justify;" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="268"><strong>Men&#8217;s Apparel </strong> is further sub divided into :</p>
<table border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td>
<ul>
<li>Shirts</li>
<li>Trousers</li>
<li>Jeans</li>
<li>T-shirts     &amp; Polos</li>
<li>Kurta,Pyjamas&amp;     Stoles</li>
<li>Ties</li>
<li>Innerwear</li>
<li>Winterwear</li>
</ul>
</td>
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<td>Similarly <strong>Menâ€™s accessories</strong> section can be sub divided into :</p>
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<ul>
<li>Wallets</li>
<li>Belts</li>
<li>Writing           Instruments</li>
<li>Watches</li>
<li>Sunglasses</li>
<li>Cufflinks</li>
<li>Socks           &amp;</li>
<li>Footwear</li>
</ul>
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<p style="text-align: justify;">2) <strong>Women section</strong>: the women section has also been classified into:</p>
<ul style="text-align: justify;">
<li>Womenâ€™s apparel</li>
<li>Womenâ€™s accessories</li>
</ul>
<p style="text-align: justify;"><strong>Women apparel</strong> can further be sub divided into:</p>
<p style="text-align: justify;">
<table style="text-align: justify;" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td>
<ul>
<li>Shirts</li>
<li>Bottomwear</li>
<li>Jeans</li>
<li>Co-ordinated   Set</li>
<li>Ready   to Stitch</li>
<li>Skirts</li>
<li>Dresses</li>
<li>Lingerie</li>
<li>Night   wear</li>
<li>Winterwear</li>
</ul>
</td>
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<p style="text-align: justify;">
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<p style="text-align: justify;">
<p style="text-align: justify;">
<p style="text-align: justify;">
<p style="text-align: justify;">Likewise <strong>Womenâ€™s accessories</strong> can be sub classified into:</p>
<p style="text-align: justify;">
<table style="text-align: justify;" border="0" cellspacing="0" cellpadding="0">
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<ul>
<li>Handbags</li>
<li>Fashion       Jewellery</li>
<li>Watches</li>
<li>Sunglasses</li>
<li>Writing       Instruments</li>
<li>Socks</li>
</ul>
</td>
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<p style="text-align: justify;">
<p style="text-align: justify;">Similarly the kids section and the home and travel category can be classified.</p>
<p style="text-align: justify;">Having discussed all the product categories now we would like to discuss the observations we had drawn on the basis of our field work:</p>
<p style="text-align: justify;">For example if we take shirts section into consideration we can classify the shirts as:</p>
<ul style="text-align: justify;">
<li>Formal shirts</li>
<li>Semi-formal shirts</li>
<li>Party shirts</li>
<li>Casual shirts</li>
</ul>
<p style="text-align: justify;">
<p style="text-align: justify;">If a person is shopping for a shirt he can make his shopping decision on the basis of following:</p>
<p style="text-align: justify;">Brand Wise selection: Shopper Stop brings all the brands under one roof. Depending on your choice you could go for any brand. The various brands of the shirts which Shopper Stop offers are as follows:</p>
<ul style="text-align: justify;">
<li>Wills lifestyle</li>
<li>Color plus</li>
<li>Austin Reed</li>
<li>Acropolis</li>
<li>Indian Terrain</li>
<li>Park Avenue</li>
<li>Van Huesen</li>
<li>Arrow</li>
<li>Spykar</li>
<li>Stop</li>
<li>Wrangler</li>
<li>Louis Phillipe</li>
<li>Mufti</li>
<li>Life</li>
<li>Vettorio Fratani</li>
<li>Mario Zegnoti</li>
<li>Lee</li>
</ul>
<p style="text-align: justify;">Thus these are all the brands of shirts available in Shopper Stop.</p>
<ul style="text-align: justify;">
<li>The price range of the shirt depends on the brand to which it belongs</li>
<li>Shirts have been serially arranged</li>
<li>Each brand has its own uniqueness and it depends on the customer what features he is looking for in the shirt.</li>
<li>Some brands like Louis Phillipe cater to the formal shirts for Business Class</li>
<li>Spykar Shirts are meant mainly for the college going students. Spykar only has casual shirts in its product line.</li>
<li>Provogue has a blend of formal as well as casual shirts.</li>
</ul>
<p style="text-align: justify;">
<p style="text-align: justify;">AÂ  person can shop on the basis of following parameters:</p>
<ul style="text-align: justify;">
<li>Shop by design</li>
</ul>
<p style="text-align: justify;">Ã˜Â  Shade</p>
<p style="text-align: justify;">Ã˜Â  Plain</p>
<p style="text-align: justify;">Ã˜Â  Stripes</p>
<p style="text-align: justify;">
<ul style="text-align: justify;">
<li>Shop by sleeve</li>
</ul>
<p style="text-align: justify;">Ã˜Â  Full sleeves</p>
<p style="text-align: justify;">Ã˜Â  Half sleeves</p>
<p style="text-align: justify;">
<ul style="text-align: justify;">
<li>Shop by price</li>
</ul>
<p style="text-align: justify;">Ã˜Â  Upto 999</p>
<p style="text-align: justify;">Ã˜Â  1000-1299</p>
<p style="text-align: justify;">Ã˜Â  1300-1599</p>
<p style="text-align: justify;">Ã˜Â  1600-1899</p>
<p style="text-align: justify;">Ã˜Â  1900-2199</p>
<p style="text-align: justify;">Ã˜Â  2200-2499</p>
<p style="text-align: justify;">Ã˜Â  Above 2500</p>
<p style="text-align: justify;">Thus these are the basis upon which a purchase of shirt can be made. Now we would like to talk about the pricing objectives as well as how the pricing objectives have an impact on the consumer who is making the purchase:</p>
<ul style="text-align: justify;">
<li>The shirt section in Shopper Stop is so arranged that it facilitates purchase on the basis of aforesaid parameters.</li>
<li>The advantage from a consumerâ€™s point of view is that he can compare the shirts of different brands under one roof.</li>
<li>He can compare the price and the quality of the cloth of different Brands and then make the final decision.</li>
<li>Within a brand also shirts are arranged on the basis of price as well as half sleeves or full sleeves. This saves the customerâ€™s time as he is able to get exactly what he wants.</li>
<li>The prices ending with odd numbers 9 indicate that the pricing strategy being adopted is <strong>Psychological pricing</strong>. Productâ€™s prices ending with number 9 have a significant impact upon the psychology of the consumers.</li>
<li>Consumers also perceive the high prices of shirts as an indicator of high quality.</li>
<li><strong>Perceived value pricing</strong> is another strategy adopted in case of pricing of shirts. Marketers set the prices of product on the basis of their perceived value in the minds of customers.</li>
<li>The consumer enjoys the freedom he has in choosing the shirts. In case the consumer had gone to a shirt showroom which caters to a single brand then he will not have so many options.</li>
<li>The consumer can himself make the purchase decision; he does not have to ask the sales executive to help him/her out. Although this depends on the type of consumer. Impulsive shoppers will make a decision in matter of seconds. While other consumers need time to make a decision.</li>
<li>In Shopper Stop there is also a designer wear counter where clothes from leading designers in India are available. These clothes have a separate niche market and they are very highly priced. These clothes are purchased by consumers who are very much bothered about latest fashion. These clothes are status symbol because there prices can be 5 to 10 times higher than all the other brands. Designers like Nikhil and Shantanu etc. keep coming up with designer clothes. The other point with respect to these designer clothes is that they come in very limited stock that is for a particular designer cloth only few pieces may be available and if once that stock gets finished it is finished once and for all.Â  New designer clothes will replace that one and this is how it goes on. These designer clothes do not specifically have any brand name on the top of the cloth the name of the designer is written.</li>
<li>These designer clothes are stocked in a separate section so that the attention of consumers is attracted towards them as they pass by.</li>
<li><strong>Pricing objective of Shoppers Stop is to maintain its market share as well as earn return on investment for its stakeholders</strong>.</li>
</ul>
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		<title>Marketing Mix (4P&#8217;s) for Horlicks</title>
		<link>http://managementfunda.com/marketing-mix-4ps-for-horlicks/</link>
		<comments>http://managementfunda.com/marketing-mix-4ps-for-horlicks/#comments</comments>
		<pubDate>Wed, 29 Sep 2010 19:42:34 +0000</pubDate>
		<dc:creator>Yogin Vora</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Brand Management]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Marketing mix]]></category>
		<category><![CDATA[Marketing Research]]></category>
		<category><![CDATA[Projects]]></category>
		<category><![CDATA[Related to MBA]]></category>
		<category><![CDATA[Service Sector]]></category>
		<category><![CDATA[4 P's]]></category>
		<category><![CDATA[Beckman]]></category>
		<category><![CDATA[Boost]]></category>
		<category><![CDATA[Brand Promotion]]></category>
		<category><![CDATA[Calcium]]></category>
		<category><![CDATA[Carbohydrate]]></category>
		<category><![CDATA[Chocolate]]></category>
		<category><![CDATA[Cows Milk]]></category>
		<category><![CDATA[Elaichi]]></category>
		<category><![CDATA[Fat]]></category>
		<category><![CDATA[Glaxo]]></category>
		<category><![CDATA[Health Food Drink]]></category>
		<category><![CDATA[Honey Buzz]]></category>
		<category><![CDATA[Horlicks]]></category>
		<category><![CDATA[Iron]]></category>
		<category><![CDATA[Jar]]></category>
		<category><![CDATA[Kids]]></category>
		<category><![CDATA[Maltova]]></category>
		<category><![CDATA[Merger]]></category>
		<category><![CDATA[Niacin]]></category>
		<category><![CDATA[Place]]></category>
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		<category><![CDATA[The Beecham Group]]></category>
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		<description><![CDATA[<p style="text-align: justify;"><strong>Marketing Mix of Horlicks<a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda11.jpg"></a><a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda10.jpg"></a></strong></p>
<p style="text-align: justify;">In 1960, a factory was built in the state of Punjab,  India following pressure from local Government, heavy tariffs and diminishing import permits for Horlicks. This involved using Buffalo milk rather than cows milk, and the modified technology of using vacuum ovens, rather than the [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><strong>Marketing Mix of Horlicks<a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda11.jpg"><img class="alignright size-thumbnail wp-image-2138" title="Horlicks Bottle Sample" src="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda11-150x150.jpg" alt="" width="150" height="150" /></a><a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda10.jpg"><img class="aligncenter size-thumbnail wp-image-2137" title="Horlicks - Taller, Stronger and Sharper Logo" src="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda10-150x150.jpg" alt="" width="150" height="150" /></a></strong></p>
<p style="text-align: justify;">In 1960, a factory was built in the state of Punjab,  India following pressure from local Government, heavy tariffs and diminishing import permits for Horlicks. This involved using Buffalo milk rather than cows milk, and the modified technology of using vacuum ovens, rather than the traditional vacuum pans. During 1969, a second factory was started in Andhra Pradesh, India subsequently increased in size until finished in 1978. The two factories now produce twice the quantity of product now produced at Slough (a factory at England).</p>
<p style="text-align: justify;"><strong>The Merger 1989</strong></p>
<p style="text-align: justify;">On July 26, 1989, SmithKline Beckman and the Beecham Group merged to form SmithKline Beecham. SmithKline Beecham was formed with a compelling goal to become an integrated human healthcare company, covering prevention, diagnosis, treatment, cure and disease management &#8212; all built around creating customer healthcare solutions for today and tomorrow&#8217;s evolving healthcare needs.</p>
<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda12.jpg"><img class="aligncenter size-thumbnail wp-image-2139" title="Horlicks New Product Launch" src="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda12-150x116.jpg" alt="" width="150" height="116" /></a></p>
<p style="text-align: justify;"><strong> </strong></p>
<p style="text-align: justify;"><strong>Product:</strong></p>
<p style="text-align: justify;">Horlicks is a widely regarded and highly respected 130-year-old brand. GSK has four brands in the health food drinks segment. Apart from Horlicks, which contributes Rs 600 crores in revenue to the consumer healthcare division, it has Boost, Maltova and Viva &#8211; the last three are much smaller brands than Horlicks. Faced with stagnating sales in the health food drinks segment, the company has chalked out an aggressive brand push strategy and a revamp for its flagship brand, Horlicks. The relaunch aims to focus on children as Horlicks was previously considered as a nourishment drink for old people. The company expects Horlicks contribution to the total turnover to be around Rs 800 crore which amounts to a major chunk of the company&#8217;s turnover. Horlicks is a nourishing malted food drink which combines the wholesome goodness of malted barley, wheat and dairy ingredients.Â  For more nourishment, Glaxo SmithKlineÂ  Consumer Healthcare India Ltd (GSKCH) has relaunched its flagship brand Horlicks. Â To enable consumers choose different flavours, Horlicks is now available in Regular, Chocolate, Creamy Vanilla and Honey Buzz varieties in a new package. Â Horlicks drinks provide the following essential nutrients:Â  Proteins, Carbohydrate, Fat, Vitamin A, Niacin, Vitamin B1, VitaminB12, Vitamin E, Vitamin B6, and Iron &amp; Calcium</p>
<p style="text-align: justify;">
<p style="text-align: justify;"><strong>Price:</strong></p>
<table style="text-align: justify;" border="0" cellspacing="0" cellpadding="0" width="635">
<tbody>
<tr>
<td colspan="7" width="635" valign="bottom"><strong>HORLICKS</strong></td>
</tr>
<tr>
<td width="123" valign="bottom"></td>
<td colspan="6" width="512" valign="bottom"><strong>Flavors (Rs)</strong></td>
</tr>
<tr>
<td width="123" valign="bottom"></td>
<td colspan="2" width="152" valign="bottom"><strong>Elaichi</strong></td>
<td colspan="2" width="152" valign="bottom"><strong>Chocolate</strong></td>
<td width="129" valign="bottom"><strong>Honey Buzz</strong></td>
<td width="79" valign="bottom"><strong>Vanilla</strong></td>
</tr>
<tr>
<td width="123" valign="bottom">Weight(gm)</td>
<td width="39" valign="bottom">Jar</td>
<td width="112" valign="bottom">Refill Pack</td>
<td width="39" valign="bottom">Jar</td>
<td width="112" valign="bottom">Refill Pack</td>
<td width="129" valign="bottom">Jar</td>
<td width="79" valign="bottom">Jar</td>
</tr>
<tr>
<td width="123" valign="bottom">200</td>
<td width="39" valign="bottom">57</td>
<td width="112" valign="bottom">-</td>
<td width="39" valign="bottom">57</td>
<td width="112" valign="bottom">-</td>
<td width="129" valign="bottom">-</td>
<td width="79" valign="bottom">-</td>
</tr>
<tr>
<td width="123" valign="bottom">500</td>
<td width="39" valign="bottom">108</td>
<td width="112" valign="bottom">103</td>
<td width="39" valign="bottom">108</td>
<td width="112" valign="bottom">103</td>
<td width="129" valign="bottom">108</td>
<td width="79" valign="bottom">108</td>
</tr>
<tr>
<td width="123" valign="bottom">1000</td>
<td width="39" valign="bottom">199</td>
<td width="112" valign="bottom">189</td>
<td width="39" valign="bottom">-</td>
<td width="112" valign="bottom">-</td>
<td width="129" valign="bottom">-</td>
<td width="79" valign="bottom">-</td>
</tr>
</tbody>
</table>
<p style="text-align: justify;">
<table style="text-align: justify;" border="0" cellspacing="0" cellpadding="0" width="289">
<tbody>
<tr>
<td colspan="3" width="289" valign="bottom"><strong>HORLICKS   JUNIOR</strong></td>
</tr>
<tr>
<td width="129" valign="bottom">Weight(gm)</td>
<td width="42" valign="bottom">Jar</td>
<td width="118" valign="bottom">Refill Pack</td>
</tr>
<tr>
<td width="129" valign="bottom">200</td>
<td width="42" valign="bottom">58</td>
<td width="118" valign="bottom">-</td>
</tr>
<tr>
<td width="129" valign="bottom">500</td>
<td width="42" valign="bottom">114</td>
<td width="118" valign="bottom">105</td>
</tr>
</tbody>
</table>
<p style="text-align: justify;">
<p style="text-align: justify;"><strong>Target market:</strong></p>
<p style="text-align: justify;">Earlier Horlicks believed, white drinks are for the entire family in contrast to the browns, whose prime target audience is children. This is probably because whites&#8211;whose growth rate is faster than the browns&#8211;have the added advantage of being perceived as food which enhances the healthy image of those who are recovering. But gradually they realized that they have to focus on one segment of market that is children. Horlicks is now positioned as a pleasurable nourishment drink aimed at children between the age group of 8 -14. Nowadays children have tremendous influence on the things purchased for the family and therefore we want children to prefer Horlicks as a pleasurable nourishment drink. While all the action will be in the general Horlicks segment, the focus of Junior Horlicks (target segment: kids between one and three) will continue to remain the same.</p>
<p style="text-align: justify;"><strong>Promotion:</strong></p>
<p style="text-align: justify;">The company has earmarked around Rs 10 crores for brand promotion throughout 2003, and 70% of this will be spent in next six months. Sixty-five per cent of the ad-spend (around Rs 10 crores) will be for the visual medium and the balance for the print and others. Apart from the high-decibel media campaign, the company also plans to conduct an inter-school competition called â€œ<span style="text-decoration: underline;">Activity 2003</span>â€ in which around 1.5 million students are expected to take part. Unlike its other drink (the Rs 170-crore Boost, promoted by Sachin Tendulkar); the new Horlicks does not have a brand ambassador. While all the action will be in the general Horlicks segment, the focus of Junior Horlicks (target segment: kids between one and three) will continue to remain the same. The brand will continue to talk to the mother since the purchase decision rests with her.</p>
<table style="text-align: justify;" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="168" height="25"></td>
</tr>
<tr>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<p style="text-align: justify;"><strong>Place:</strong></p>
<p style="text-align: justify;">It has a strong marketing network in India comprising over 1800 wholesalers and direct coverage of over 4,00,000 retail outlets.Â  Horlicks sales have been strong in the south and eastern markets which contributes about 46 per cent and 47 per cent of the total sales. Milk-deficient South and East preferred white liquid powders (Horlicks, Viva, and Complan) as the drink could be prepared with hot water.</p>
<p style="text-align: justify;"><a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda13.jpg"><a href="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda14.jpg"><img class="alignright size-thumbnail wp-image-2141" title="Marketing Mix for Horlicks" src="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda14-150x150.jpg" alt="" width="150" height="150" /></a><img class="aligncenter size-thumbnail wp-image-2140" title="Logistic for Horlicks" src="http://managementfunda.com/wp-content/uploads/2010/09/ManagementFunda13-150x150.jpg" alt="" width="150" height="150" /></a></p>
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