Professional Documents
Culture Documents
1 Introduction 3
4 Customer 5
5 Market segmantation 5
6 SWOT analysis 6
7 Compeytitor 7
8 Positioning 7
9 Pricing 7
10 Branding 7
11 Brand Promotion 8
12 Writing a plan 9
13 Implementation 9
INTRODUCTION:
This is the most famous product of Sinochem in Indian market for killing the
rice crop weed plants. This product is in Indian market for 30 to 35 years.
Primarily this product was to Monsanto but on 1st March 2008 Sinochem
India Company Pvt. Ltd. has bought this product and have the ownership of
the product.
Fast-Mix:-
Fast mix is the second most famous product of Sinochem India Company
Pvt. Ltd. This product also contains butachlor in water soluble form. It is
made up for those soils where water does not stand for more than12 to 15
hours. Due to water soluble form it does not take more time to be mix with
water. It is completely white in color and mix in water within 5 seconds. It
makes the layer on the surface of soil very fast. So farmer does not have any
need to stand water for long time in his field. In result expenditure of
irrigation also reduces and this the double benefit of this product.
Management is the process in which we use the available resources in
optimum amount and get more profit. So if farmer use the Fast mix then
they can save their mo ney and can reduce the fuel and irrigation
expenditure also
Customers:
First and formost thing what one should keep in mind while preparing
marketing strategy is- “WHO IS YOUR CUTOMER?” Obviously farmer is the
ultimate customer of a herbicide. Especially POTENTIAL farmers are target in
the plan. That’s the reason the company is targeting states like Haryana,
Gujarat, Punjab etc(although it is present in 15 states of India)
Future scope for pesticide industry:
17
10.7 10.5
6.6
5.8
4.5
0.48
a) Below the line activities: These involve conducting farmer meetings, giving
product demonstration to opinion-maker farmers, conducting field days in
demo-plots where they bring large no of farmers to show them the results of
its product.
b) Above the Line : These activities involve creating visibility around its
product in trade as well as in villages. They not only work for awareness-
generation but they also have a reminder value for those customers who are
contacted through in Below-the-line activities by company. Above the line
activities involve postering and putting banners in villages, at trade level,
running jeep campaigns in villages..
SWOT ANALYSIS:
1 Strength:
Sales on brand name.
Hardworking field staff.
It has great image among farmers.
2. Weakness:
Less field staff and large area.
Low margin to dealers and distributors.
No scheme for farmers and dealers.
3. Opportunities:
Company has good image among farmers so it can launches new products
very easily.
4. Threats:
Large competition.
Dependence of farmers on dealers.
Unfavorable environmental conditions.
Competitors:-
Sinochem Company has competition from both national and multinational
companies like
Dupont
Bayer
Syngenta
Tata Rallis
BASF
Dhanuka etc.
These are the major competitors for the company. These companies with
early entry in the business of pesticide have large customer base and were
able to capture more market share. In the current season 2010 some other
companies may expected to come with surprising sales figures like Gujarat
pesticides.
Positioning
The other important aspects of marketing mix of Sinochem approach is its
positioning of the product. Currently the company is using different positioning
points to broad base its approach towards its customers
PRICING:
Pricing should be done while keeping mind in customer, farmers buying
potential. Since the branb name is comparatively new to india so should be
moderate.
BRANDING:
Branding is the process of providing the product with the power of brand(a
anme, logo, sign, symbol that differentiate it from other product). It is a very
important element of marketing.
BRAND PROMOTION ACTIVITIES THAT CAN BE IMPLEMENTED:
8. TELE-COMMUNICATION
Tele-communication media was also used as one of the important tool for
the promotion of the products. Farmers having acreage of more than ten acres
were call individually on their contact numbers collected at the time of field
work and were told about the products (Machete and Fast-mix)their
features, offers, prices and the package of practices to get the best results.