Term Report of Marketing

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    MARKETING PLAN

    OF

    FOR MARKETING MANAGEMENT COURSESUBMITTED BY: JUNAID AKHTER KHAN (4285)

    OVAIS ALI KHAN (4372)

    RAMEEZ NAFEES (3826)

    SANA NAZ (3754)

    SUBMITTED TO: SIR SANATULLAH

    SUBMITTED DATE: 26TH

    APRIL, 2011

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    ACKNOWLEDGEMENT

    It is high privilege for me to express my deep sense of gratitude to all those faculty

    members who helped me in the completion of the project especially my internal guide Mr.Owais moeen who was always there at hour of need.

    My special thanks to professor MS.Moona shamim for helping me in the completion of

    term report work and its report submission.

    JUNAID AKHTER KHAN (4285)

    OVAIS ALI KHAN (4372)

    RAMEEZ NAFEES (3826)

    SANA NAZ (3754)

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    LETTER OF TRANSMITTAL

    Professor of Marketing management

    Iqra university (Gulshan campus)

    Gulshan-e-Iqbal

    Karachi.

    Dear Sir Sanatullah,

    Here is the report you asked us to prepare on Marketing plan. After researching the topic, we have

    found that Marketing plan creates a market approach and expansion of business .

    All of the major points associated with Marketing planincluding issues surrounding Marketing

    websites, the problems of nothing create any strategy and how many Organizations are applying these

    tools. It concludes with suggestions for future research and investigation.

    Thank you again for giving us the opportunity to do this task.

    Sincerely,

    JUNAID AKHTER KHAN (4285)

    OVAIS ALI KHAN (4372)

    RAMEEZ NAFEES (3826)

    SANA NAZ (3754)

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    Table of Contents

    Synopses ....................................................................................................................................................... 6

    Introduction and background ...................................................................................................................... 7

    Mission statement ............................................................................................................................. 8

    Vision statement ................................................................................................................................ 8

    Objectives.......................................................................................................................................... 9

    Departments of shabbir tile ............................................................................................................... 9

    Problem statement..9

    Broad area problem9

    Current marketing situation10

    Product situation10

    Competitive situation.10

    Distribution situation..10

    Macro environment situation10

    Opportunity and issue analysis.11

    Opportunity analysis11

    Threat analysis.11

    Strength11

    Weaknesses11

    Marketing strategies11 & 12

    Action program13

    Projected profit & loss statement..13

    Controls.13

    Conclusion..13

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    SYNOPSES

    Weve seen, each product level (Product line, brand) with in a business unit develop a

    marketing plan for achieving its goals. The marketing plan is one of most important outputs

    of the marketing process. But what does a marketing plan look like? What does it contains?

    Marketing plans have several sections.

    A Marketing plan is a written document that summarizes what are the marketer has learned

    about the marketplace and indicates how the firm plans to reach its marketing objectives. It

    contains tactical guideline for the marketing programs and financial allocation over the

    planning period. Its one of the most important outputs of the marketing process.

    Marketing plans are becoming more customer and competitor oriented, better reasoned and

    more realistic than in the past. They draw more inputs from the all functions and are team

    developed, planning is becoming a continuous process to respond to rapidly changing

    market conditions.

    Most marketing plans cover one year in 5 to 50 pages. The most frequently citedshortcomings of current marketing plans, according to marketing executives are lack of

    realism, insufficient competitive analysis and a short run focus. Working with in the plans

    set by the levels above them. Product managers come up with a marketing plan for

    individuals product, lines, brands, channels, or customer groups. Each product level,

    whether product line or brand, must develop a marketing plan for achieving its goals.

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    INTRODUCTION AND BACKGROUND

    SHABBIR TILES & CERAMICS LIMITED (STCL) is founded by the House of Habib

    (www.hoh.net) in 1978 with strategic and technical collaboration of Agrob Anlagenbau

    GmbH of West Germany. SHABBIR TILES & CERAMICS LIMITED was the first private sector

    enterprise in the Ceramic field in Pakistan.

    The Company is listed at Karachi, Lahore and Islamabad Stock Exchanges and is also

    member of Karachi Chamber of Commerce & Industry, Pakistan Ceramics & Sanitary

    Manufacturers Association, Pakistan. Sanitary marchants association and landhi association

    of trade and industry.

    The Company Brand STILE enjoys leading position in the Ceramic and Porcelain Tiles

    industry in Pakistan, as our products are of international quality standards and we believe in

    constant product development. We offer wide range of sizes, colors, and designs in

    Porcelain and Ceramic tiles and other allied products, conforming to high quality standards

    of durability and aesthetic values. The Company has successfully diversified into some allied

    building material products and have been achieved considerable success in marketing DIY

    (DO IT YOURSELF) products of Laticrete International Inc., a renowned building material

    manufacturer of U.S.A. We are Exclusive Licensee of Laticrete for Pakistan and Afghanistan.

    We are also marketing latest designs of High Quality Bathroom Accessories under our

    popular brand name of STILE in association with international partners.

    With our strong dealers and distribution network we are spread all over Pakistan. Our

    offices, located at Karachi, Lahore, Multan, Faisalabad, Islamabad and Peshawar, always

    ensures the best of their services to the valued consumers. Further, to provide maximum

    services to STILE Consumers under one roof, the Company has opened company operated

    outlets all over Pakistan named as THE STILE EMPORIUM.

    We have successfully obtained Certification of Quality Management System under ISO

    9001:2000 from Lloyd Quality Assurance. The Company is amongst the top 25 Companies

    of Pakistan awarded Trophy and Shield by Karachi Stock Exchange in recognition of their

    performance. We have has been awarded with prestigious Certificate of Corporate

    Excellence by Management Association of Pakistan for two consecutive years.

    The STCL plants, based in Karachi, incorporate the latest European technologies &

    techniques to manufacture high class products that conform to European standards. The

    Company is utilizing its full production capacity of about 12 million Square Meter per year to

    manufacture Porcelain and Ceramic tiles of international quality in different sizes and colors,

    employing the latest technology and state-of-the-art machinery imported from Italy.

    We proud to be a one stop shop for our valued consumers providing Wall tiles, Floor tiles,

    Installation Material, Floor Skirting, Aqua jet Patterns, Floor Grating and Bathroom

    accessories all under the brand nameof STILE to ensure comfort and satisfaction of the

    consumer.

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    MISSION STATEMENT

    Our Mission is to maintain our position as the leader in the tile industry in Pakistan and for

    this purpose we will continue to focus on:

    We are committed to quality products and will provide our customers with innovative sizes,designs and color scheme that they will be delighted to have and shall provide them with

    excellent services to earn their loyalty

    We shall treat our employees fairly and shall provide conducive working environment forthem to learn and to grow with the company.

    The company shall earn adequate profits for its progress and growth and for providingreasonable return to its stakeholders.

    VISION STATEMENT

    While enhancing our "Stile" Brand as a Market Leader, Focusing our Human Capital,

    continues to delight our Customers in the field of Building Materials, Offering Best Quality

    Innovative Products at Prices Be-Fitting Stile Brand. Improving, Efficiency, Conserving

    Energy and being Environmental Friendly. Taking into account the Stakeholders Interest

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    OBJECTIVES

    The main purpose of this term report is analyze the attitudes and job satisfaction level that

    will help us to better understand the organization behavior. Here we are going to see the

    impact of these components to organization.

    Departments of shabbir tile

    Accounts/finance. Sales. Marketing. Auditing. Manufacturing.(unit 1 and 2) Store department. Purchasing. Human resources. Research and development.

    PROBLEM STATEMENT

    The impact of attitudes and job satisfaction of an employees to an organization enhancing

    the betterment of productivity.

    BROAD AREA PROBLEM

    An organization is excelling in business market but the main impact is an attitudes and job

    satisfaction of an employees.

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    CURRENT MARKETING SITUATION

    The tiles market accounts for approximately. Sales are going and excelling every year. The

    primary buyers are up scales consumers ages 20 to 40 who want to purchase a better quality

    tiles but dont want to use an ordinary and non durable tiles. They want to buy a beautiful,

    luxurious and glamorous tiles produced by a name they can trust. They want a tiles whose looks

    fit in the houses, companies etc.

    PRODUCTION SITUATION

    The production capacity of your company enhanced from 3.370 million to 4.570 million sqm

    from 1st

    October, 2010 and your company has achieved highest production in the month of

    October, 2010 during the period under review. with the increased in production, the fixed cost

    per sqm has reduced which ultimately will have positive impact on bottom line.

    During the period under review, sales stood at Rs.1.129 billion as compared to Rs.771 million of

    corresponding period of last year increased by Rs.358 million resulting in a growth of 46%. The

    profit before taxation has also increased to Rs.79.672 million from Rs.72.117 million of

    corresponding period of last year due to higher sales volume and austerity in expenses with an

    earning per share of Rs.1.74.

    COMPETITIVE SITUATION

    Stile major competitors in the tiles market are S Abdullah, Master tiles and National tiles.

    Each competitors has a specific strategy and stability in the market. For example offers 15%

    tiles covering the whole price range, sells primarily in department stores and discount stores. It

    plans to dominate the market through product proliferation and price discounting. Stile every

    time focus on product quality and goals. Stile is also focus on competitors strategy and

    activities.

    DISTRIBUTION SITUATION

    Stile sets are sold through outlets, department stores like Makro wholesale centre, discount

    stores, furniture stores and email order. Stile sells % through department stores, % through

    discount stores, % through furniture stores and % through email order.

    MACRO ENVIRONMENT SITUATION

    About 50% of Pakistani households now have a stiles. As the market approaches saturation

    effort must be turned to convincing consumers to upgrade their tiles quality. The economy is to

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    be higher which means peoples will purchase more tiles. The china have designed new and

    more tiles product line that pose a challenge to conventional productive lines.

    OPPORTUNITY AND ISSUE ANALYSIS

    The product manager proceeds to identify the major opportunities/threats, strength/weaknesses and issues facing the product line.

    OPPORTUNITY ANALYSIS:

    Consumers are showing increased interest in more tiles so Stile should considerdesigning more varieties of tiles.

    10-15 countries are willing to purchase our tiles if Government of Pakistan support us.THREAT ANALYSIS:

    An increasing number of consumers are buying their tiles in mass merchandise andoutlets in which competitors has weak representation.

    An increasing number of upscale consumers are showing a preference for beautifuldesigning tiles and we dont have any product line.

    The Federal government is on the verge of passing a more stringent product-safety lawso we can consider product redesign work.

    STRENGTH ANALYSIS

    Stile name has an excellent product awareness and a high quality image. Stile has an excellentservice network and consumers know they will get quick installation services.

    WEAKNESS ANALYSIS

    Stile promotion strategy is not demonstrably better. Promotion strategy can make a big

    difference in product choice. Stile is budgeting only 10% of its sales revenue for advertising and

    promotion while some competitors are spending twice that level.

    MARKETING STRATEGIES

    TARGET MARKETTargeting upscale households, big organizations and big business market countries for

    selling.

    POSITIONINGSets the positioning in product line with best quality and reliable.

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    PRODUCT LINELess consuming tiles sets lower prices and more consuming tiles sets high prices.

    PRICEStile always set price of the product above from competitors.

    DISTRIBUTION OUTLETSStile displays our tiles in authorized outlets and Makro wholesale centre.

    SALES FORCEThere is nothing need to do the sales force strategy for product. Stile uses the 20% of

    sales force at business exhibitions and department stores like Makrowholesale

    centre.

    SERVICESStile provides a installation services to all kind of customers. Stile also provides an

    advisory services. What kind of polishing material use for tiles.

    ADVERTISINGStile nothing need to advertisement in television. Stile is just use the social networkingplatforms like facebook, linked in and Official web site for advertisement purposes.

    SALES PROMOTIONAccording to Stile policy, if any customer who will purchase tile products in bulk quantity

    so they will be get 10% discount.

    RESEARCH AND DEVELOPMENTStile increases our expenditure 50% of research and development for better quality and

    styling product line.

    MARKETING RESEARCHStile every time focus on activities of competitors. The marketers explore the business

    markets through internet resources in the whole world. Marketer also focus on an

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    advertisement of competitors. The management of stile sets the 20% budget for

    marketing research.

    ACTION PROGRAMS

    The implications of four questions applied in stile. First one How much will it cost?. This is amain responsibility of finance and account department. The remaining three questions are

    what will be done?, when will it be done?, and who will do it?. The answer of these

    questions will be done by GM Marketing.

    PROJECTED PROFIT AND LOSS STATEMENT

    The Chief.Financial.Officer of Stile sets the sales volume in units, the average price, cost of

    production, physical distribution etc. C.F.O once in a year budget has been prepared. Higher

    management will review, approve or modify it. C.F.O is also prepares budget for developing

    plans and schedules for material procurement, production, scheduling, employee recruitment

    and marketing operations.

    CONTROLS

    An executives and head of departments set the goals and targets for each month or quarter.

    Higher management can review the results each period and identify business are not attaining

    their goals. An executives should consider price wars or strikes. The H.O.D must explain what is

    happening and the action they improve plan fulfillment.

    CONCLUSION

    According to our comprehensive survey found that more companies have discovered the

    marketing concept and set their purpose as that of acquiring and satisfying customers rather

    than producing goods or services. Business plans are more customer and competitors oriented

    and better reasoned and more realistic than they were in the past. The plans draw more inputs

    from all the functions and are team developed. Marketing executives increasingly see

    themselves as professional managers first and specialists second. Senior management is

    becoming more involved in making and/or approving marketing decisions and planning is.