India continues to be dominated by traditional media outlets such as television, print and radio. More specifically, television and newspapers account for over 80% of the advertising revenue currently. Projected estimates is that in 2013 is that the media and entertainment industry is expected to grow 11.8 % to $14.79 billion. Ideally, we would like to introduce Full Throttle through the conventional media avenues of television and print. Advertising in our age demographic target here would tend to lean more heavily on television and shows geared for ages of 18-35. As we have looked at in previous papers, the access and growth of the internet in India is something we must be keenly aware of. Currently, approximately 10-15% of the …show more content…
where “stamps” are awarded based on purchases made. Clearly, we would explore all three of the above promotion methods. Sampling is one that is expensive but still relatively appealing due to our ability to target our key age demographic in specific locations like schools, concerts, malls and supermarkets (Business, 2014). As we have explored in our previous paper, middlemen play a key role in affecting pricing strategies and the markups that come along with them. In India, up to 6 different middlemen may touch the product before it makes it way to the final step of consumer. Due to a number of intermediaries involved in the traditional Indian retail chain, pricing lacks transparency. We do have, to our benefit, historical pricing of similar products in India as a barometer to use when looking at a potential price for our market. Current soft drink pricing of a half-liter bottle is Rs 25-30. Brands like Pepsi, Mountain Dew and Coke are key players in this space. This number represents a final markup of 20 – 30% depending on retailer. This number has been on the gradual rise with inflation and the increase of transportation and energy costs. The pricing strategy for that of energy drinks is much steeper but has many similarities to the soft drink industry as it is sold in similar locations, usually purchased in individual containers, etc. Currently, the most popular participants like Red Bull and
Mostly, the buyers for soft drink are usually from fast food restaurant, vending machines, convenience stores and food stores, etc. The profitability in each place demonstrates the bargaining power of the buyers. The lower the bargaining power of buyers, the higher is the profitability of
The retailers have a low to moderate buyer power over the consumer soft drink industry, due to the producer’s ability to forward integrate, the sheer number of buyers, and the buyer’s ability to forward
When an individual would like to be informed of the vast social, political and economical events of the world they naturally turn to television news outlets or their favorite internet news source. We humans as seekers of knowledge and truth, would like to think the objective of news media first and foremost is a matter of keeping individuals properly informed. This may very well not be the case. Popular television news, as most of the population can agree, has become a polarizing, dramatic and opinionated trainwreck. With that truth achknowledged, aside the large number of events on the planet, major news networks should highly consider discontinuing their programs as a consequence of their toxis level of bias and their seemingly infinite perspective imperatives. News used to be an apparatus intended to inform people about current events, however its present status is begging to be proven wrong.
Today, India and Australia’s use of technology is particularly similar. Both countries have access to high speed internet connection, wireless broadband, the latest mobile phones, computers, tablets and televisions. However, access to these technologies is scarce and often unaffordable in rural areas in India, as well as rural areas in Australia. Today, India has 243 million internet users and is the world’s second largest Internet user after China, (Fontevecchia, 2014), while Australia is the world’s 31st largest internet user with 18 million internet users. India now has nearly 74 million Internet users, while in Australia there is 12 million internet
Pepsi’s has a large number of product lines and brands and thus the prices are considerably varied. Their main pricing strategy is based on the Market-Oriented pricing strategy to ensure that its prices are competitive as compared to the competitor’s prices and market conditions. Pepsi also used
G., Hartman, R. S., & Sommers, B. D. (2007). An Analysis of Price Discrimination in Brand Name Drug Wholesaling. International Journal Of The Economics Of Business, 14(3), 299-315. doi:10.1080/13571510701597395
Economically, soft drinks are not expensive and they are consumed by most everyone. The soft drink industry is not influenced significantly by economic influences. However, the raw materials used to create soft drinks and in juices like sugar, fruits and vitamins may affect production costs and PepsiCo’s costs of production and the profit margin (Finch, 2012). The distribution channel and transportation also affect the price of the product and the commercial tax rates can vary (Finch, 2012). Socially (Finch, 2012), people today are sensitive towards the content of advertisements. Taking this into account, PepsiCo is targeting the next generation of consumers, and they differentiate
Pricing a product entirely depends on the quality of the same product. Donkey coffee is one area that is facing the challenge of higher prices for their products. Apart from communicating the value of their products to the customers, the owner of the business ought to be firm on their prices. It is prudent that business people establish the value of their products and services accordingly. Once they establish the value, they should present their prices to the customers with confidence. In the case of Donkey Coffee shop, they should not get intimated by the troubles they are experiencing in regard to the issue of pricing (Carter III,
We want to market coconut juice. We have prepared this feasibility plan on that basis. We have assigned a name for the product as “Araamu”. Since raw materials are very muvh available in our country. We have dedicated to give the product an indigenous image. “Araamu” is a kind of oil that provides the consumer with processed green coconut juice in bottles. For the marketing purpose of the product we have decide to launch three product lines. The “Araamu” would be launched in the market at 250ml. 500ml. and 1litre bottle. We have set a reasonable price for the product so that all kinds of people can offered to buy this juice. We have followed the target costing pricing approach. We would gain a competitive advantage, as this is a first hit in the market. We have targeted a huge market for the segment for the product. People want to such a product. For example: a person walking on the street. Suddenly he feels thirsting. Now if he wishes to thirst-quencher coconut juice he cannot find easily. It is
Profit margins, sales volumes and markups are important to all businesses since they impact their profitability and ability to break-even ADDIN EN.CITE Allayannis2001600(Allayannis & Ihrig, 2001)60060017Allayannis, GeorgeIhrig, JaneExposure and MarkupsThe Review of Financial StudiesThe Review of Financial Studies805-8351432001Oxford University Press. Sponsor: The Society for Financial Studies.08939454http://www.jstor.org/stable/269677410.2307/2696774( HYPERLINK l "_ENREF_1" o "Allayannis, 2001 #600" Allayannis & Ihrig, 2001). These items help the business to set a fair price based on the perceived value of the product by the consumer. Each industry has its own typical values for profit margins and markups and they differ from one industry to another. These values are influenced by demand, competitive rivalry and addition of value to products and services which gives them additional competitive advantage. This paper focuses on three industries which are the food and beverages industry, retail goods industry and biotechnology industry which have different values of markups and profit margins. It defines each industry and gives the ranges of markups and profit margins which are typical for these industries. The second part then looks at how this information on markups and profit margins can be applied by consumers in future purchases as well as the marketing techniques that can be instituted by the companies to match their pricing
This report will analyze internal and external environment of the Media Industry in India through applying the SWOT analysis, PEST analysis and the Porter's Five Forces Analysis. In addition the paper will also focus on Future of the Media Industry in India, it will highlight the Different types Of Media in India which includes the Print media, radio, electronic, outdoor and Television. India’s foreign direct investment will also be
I spent the past nine months in India (August 2015- April 2016) and one big difference I noticed from the USA, is that India did not support commercials on TV or public figures promoting the alcohol and tobacco industries. Before every movie on TV they show two health warning commercials with children in them asking their parents to stop smoking and showing the devastation smoking can cause a family. India is a very family oriented society so it 's easy to understand why they have chosen to make the non-smoking commercials in this way.
A Qualitative Content Analysis of The Times of India, The Hindu and The Indian Express
Ad rates for 10-second spots, which were Rs200,000 at the start of the tournament have climbed rapidly, to Rs500,000 now, and look set to rise further, to Rs1m for the final. (For comparison, SET charged Rs800,000 per 10second ad spot for the T20 World Cup final between India and Pakistan.) Sony Set Max’s revenue market share has reportedly gone up from the pre-IPL 5.7% to 28.8% now. Its share of prime time is now at 29%, which is higher than the cumulative market share of the top nine Hindi general entertainment channels. IPL has also expanded the demographics of cricket viewership by bringing more women to cricket’s fan base, making it more lucrative for advertisers. IPL’s ad revenues will be more than 7% of total TV advertising in India We reckon Sony will gross about Rs6.5bn in advertising revenues from the next year. That would be 7% of the Indian advertising industry’s estimated TV revenues of Rs90bn in 2008. Collateral damage: Bollywood and other channels take a hit The runaway success of IPL has hit other mainstream entertainment media. Estimating the extent of their losses is tricky, but consider the anecdotal evidence: multiplexes have reported 10-30% declines in ticket sales; Bollywood movies’ leading producers like Yash Raj, Devgan Productions and Rakesh Roshan got poor openings despite heavy marketing; and television prime time has taken a significant hit,
The Malaysian advertising landscape is gradually shifting its traditional media forms to the emergent new media advertising but still at a nascent stage. The latter shows much room for growth, as the industry fuels to content digitisation on web applications. This has shown when RM14.9 million worth of advertisements was spent on the Internet medium in the first half of 2008. Propelling further to this, the TV medium is creating new media technologies to include ads on applications of mobile video streaming and broadcast mobile TV services. However, this might dampen if Malaysia’s broadband penetration and Information and Communication Technologies (ICT) literacy does not improve. With Government’s