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Marketing practice on polar ice cream

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Page 1: Marketing practice on polar ice cream

Welcome to our presentation

Page 2: Marketing practice on polar ice cream

Group Members

Md. Nazmul Hasan ID: 2010-1-13-038Shahadat Hossain ID: 2010-1-10-045Raisul Islam ID: 2010-1-10-105Mostofa Kamal ID: 2010-2-10-381

Rashedul Amin ID: 2010-2-10-134

Presented by ‘The Creative Fellows’

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Marketing Practice on Polar

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History and Background of Polar

Name of companyEstablish timeArea and allocationCapital of the companyBoard of directorsNumber of executiveBusiness sectorWorking zoneVisionMissionObjectiveTheme of polar

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Products of polar

Ripple ice cream Family pack cake ice cream cone cup Vanilla and strawberry Fresh Candy Orange Lemon Chockbar Chocobar Yummy Box pack Box pack large

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Market Share

The competition is pretty stiff in the ice cream

market but polar still leads with an approx.

share of 20%, Igloo has approx. 60% market

share, followed by Kwality at around 15%

market share, while Milk Vita and Savoy

manages the rest.

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Igloo

Polar

Kwality

Milk vita andother

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Market BCG growth share matrix

Star Cone, Chockbar

Question mark Cake Ice-cream, cup, Family pack

Cash cow Orange, Lemon, Yummy

Dog Box pack, Box pack large, Candy

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S.W.O.T analysisStrengths

Weakness

Opportunities

Threats

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Competitor analysis

Abdul Monem Limited (Amomilk)Bangladesh Milk Producers Co-Operative Union

Ltd. (Milk Vita)Dhaka Ice Cream Industries Ltd.Emon Ice & Cold Storage LtdKuliarchar Cold Storage Ltd.Rainbow Ice CreamSavoy Ice Cream (Senakalyan Sangstha)PolarKwalityMany other local company

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Customer Analysis

Market size

Customer segmentation

Value Drivers

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Analysis of the Marketing Strategies

Segmentation

Targeting

Positioning

Positioning Statement

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Segmentation and Targeting Segmentation:

Demographic segmentation Consist of occupation and income Very cheap and tasty

• Targeting:

Ice cream lover Middle class income people

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Positioning and Positioning Statement

Positioning:

By different taste Creamy inner layer and chocolate flavor Chocolaty smell and give pleasure

Positioning Statement:

To the ice-cream lovers who want the different taste and to see the variety of ice-cream, Cone is such a new brand that is totally new and rejoice the ice-cream lovers by its new chocolate flavor.

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RecommendationDeveloping marketing StrategyFavourable customer channelAdvertise should be livelierProtective packagingMaximum selling minimum margin

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Conclusion

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