Marketing Neat

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    In the name of ALLAHIn the name of ALLAH

    WHO is the mostWHO is the most

    MERCIFUL andMERCIFUL and

    BOUNTEOUS to allBOUNTEOUS to all

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    Title pageTitle page

    Issue.Development and implementing

    pricing strategies. Selected organization.

    Shezan International Limited.

    (ISO 9001 certified)Bund Road, Lahore

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    AcknowledgementAcknowledgement

    First of all I avail this opportunity to bow my

    head to ALLAH who gave me wisdom toprepare my assignment.

    I feel highly privilege to ascribe the most andever burning of flame of my gratitude to sirSaad Jamal, who guided me to prepare report,and I am thankful to Mr. Naem, previous G Mof Shezan, and is my elder brother, whohelped me to complete this report.

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    Shezan international limitedShezan international limited

    The company was in corporate on

    May 30, 1964. In 1971, it

    purchased all the shares of AIDCof USA.

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    ProductsProducts

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    Mission statementMission statement

    Companys mission is to provide

    the highest quality fruit and

    vegetable related to juices andother products.

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    Pricing strategiesPricing strategies

    (Marketing mix)(Marketing mix)

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    Developing and implementing theDeveloping and implementing the

    pricing strategiespricing strategies

    Price

    The amount of money charged

    for a product or services.

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    Developing and implementing theDeveloping and implementing the

    pricing strategiespricing strategies

    Promotional pricing strategies

    Pricing the products below the list price

    and some time below cost to increasethe short run sale.

    Shezan prices the products lower in

    stalls in school, colleges, universities inorder to increase sale volume.

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    Developing and implementing theDeveloping and implementing the

    pricing strategiespricing strategies

    Marketing penetration pricing strategies.

    Setting a lower price for a new product

    in order to attract a large number ofbuyers and a large market share.

    When Shezan introduced new twist

    juice at Rs. 10/piece as compared toNestle whose price was Rs. 15/piece,

    attracted a large number of buyers.

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    Performance in marketPerformance in market

    Brand name Market share

    Pepsi 65%

    Nestle 45%Shezan 35%

    Tropico 18%

    Country 5%

    International 2%

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    Developing and implementing theDeveloping and implementing the

    pricing strategiespricing strategies

    Discount pricing.

    Shezan offers various discount to those

    retailers or distributors who sell thecompanys products during target

    period.

    Quality discount.

    Seasonal discount.

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    Developing and implementing theDeveloping and implementing the

    pricing strategiespricing strategies

    Quality product.

    1/12 discount.

    3/24 discount.It means, by purchasing one dozen

    juices, it will give on free.

    Seasonal discount.

    Company also offers seasonal discountin Ramzam and on Eid festivals.

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    Data collectedData collected

    I collected the data relevant to my issue

    from Ahmad Latif, the marketing manager

    of Shezan.

    Some information I collected from the

    website of shezan,

    www.shezan.com

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    Swot analysisSwot analysis

    Strength Due to high quality, Shezan can charge

    high price and earn profit. Prices of products are low as compared

    to Nestle, it attracts more buyers.

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    Swot analysisSwot analysis

    Weakness. It reduced the purchasing power due to

    high price. It less focus in the low income area.

    It charges high prices as compared to

    Bens, Country etc, so volume of salecan decrease.

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    Swot analysisSwot analysis

    Opportunity. Company introduce new flavors, so it

    can charge high prices for newproducts.

    Sales teas are functioning better, they

    keep check and control on the markets,so they can set high or low prices as

    compared to competitors.

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    Swot analysisSwot analysis

    Threats. Pricing strategies are affected by

    economical and political instability. Company faces huge competitors like

    coca cola, bens, country whose prices

    are low.

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    ConclusionConclusion

    Shezan is considered as leader of juice

    companies in his region.

    The company select high prices as

    compared to some competitors like Bens,

    Country juices and charge low price as

    compare to Nestle. The company should

    be conscious in developing the pricingstrategies to earn profit.

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    Recommendations.Recommendations.

    Company must establish its objectives for

    maximizing the profits, survival and

    revenues.

    Company should examine the competitors

    price.

    Company should estimate their costs vary

    at different output levels.

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    Thank youThank you