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Term Paper
on
“Managing Profitable Customer Relationships and Partnering to build Customer
Relationship– A study on Rifat Traders”
Submitted to:
Anup Kumar Saha (ACMA)
Assistant Professor
Department of Accounting and Information Systems
Faculty of Business Studies
Jagannath University
Submitted by:
Rashida Akter
Class- MBA
Section- B
Jagannath University
Rifat Traders
• Rifat Traders is a large organization
in our local market.
• It is a sole proprietorship business.
• It has been continuing since 1980.
• It is an eminent organization in
manufacturing and supplying Home
Cleaning Products.
Products offered
Features:
• Durable
• Long lasting
• Reliable
• Premium finishing
• Time saving
Cobweb Brush
PP Duster
Features:
• Superior built
• Light weighted
• Less time consuming
• Long lasting
• Reasonable pricing
Soft Cobweb Brush
Features:
• Easy to handle
• Durable
• Time saving
• Light weighted
Cobweb Cleaning Brush
Features:
• Time saving
• Reliable
• High quality
• Durable
• Reasonable price
Carpet Brush
Features:
• Time saving
• Reliable
• High quality
• Durable
• Reasonable price
Implementation of Marketing
Concepts
The organization is obeyed the marketing concepts. This concept
is based on three criteria:
– Customer orientation
– Coordinated marketing function and
– Profit through customer satisfaction
Here the organizational management function is:
--- continuous and intensive market research to find out the needs
of the markets.
--- integrate the marketing functions to serve the market most
satisfactory.
--- long-run market plan to attain the business objectives.
Integrated Marketing Programs
1. - Organizational culture
2. - Four P’s
3. - Advertising
4. - Online/internet marketing
5. - Sales & customer service
6. - Public relation
Structure of Supply Chain Management
Societal Marketing Activities
• Using the paper in order to packaging
• Arrange the dust container
• Use the jute materials and bamboo sticks
• Converted unemployment land and labor into
employment.
List Business Portfolio (SBUs)
• Manufacturer of duster and rug
• Manufacturer of Domestic Floor Wiper
• Manufacturer of high quality jute carpet
• Importer of carpet
Evaluation of SBUs by BCG Matrix
13
Question Marks
• High growth, low share
• Build into Stars/ phase out
• Requires cash to hold
market share
Stars
• High growth & share
• Profit potential
• May need heavy
investment to grow
Cash Cows
• Low growth, high share
• Established, successful
SBU’s
•Produces cash
Dogs
• Low growth & share
• Low profit potential
Relative Market Share
High Low
MarketGrowthRate
LowHigh
Market segmentation
Market Targeting and Positioning
The target market of the organization is female and household
worker who live urban, suburban, and rural areas
Positioning Map
57%
28%
15%
Rifat
traders
Nojrut
Brothers
Dhaka
Traders
SWOT Analysis
Strengths
•High quality product
•Keenly lower competitive price
•Strong distribution channels
•Skilled Management
•Market leader
Weaknesses
•Lack of working capital
•Problems to maintain quality
•Imported raw materials
•High price
•Lack of automated machines
Opportunities
•Day by day enhancing product’s
demand
•Labor endowment
•Government tax incentive s
•Increases uses
Threats
•Keenly competitive market
•Rapid changes of model
•Technological change
•Natural disaster
•Political imbalances

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Marketing

  • 1. Term Paper on “Managing Profitable Customer Relationships and Partnering to build Customer Relationship– A study on Rifat Traders” Submitted to: Anup Kumar Saha (ACMA) Assistant Professor Department of Accounting and Information Systems Faculty of Business Studies Jagannath University Submitted by: Rashida Akter Class- MBA Section- B Jagannath University
  • 2. Rifat Traders • Rifat Traders is a large organization in our local market. • It is a sole proprietorship business. • It has been continuing since 1980. • It is an eminent organization in manufacturing and supplying Home Cleaning Products.
  • 3. Products offered Features: • Durable • Long lasting • Reliable • Premium finishing • Time saving Cobweb Brush
  • 4. PP Duster Features: • Superior built • Light weighted • Less time consuming • Long lasting • Reasonable pricing
  • 5. Soft Cobweb Brush Features: • Easy to handle • Durable • Time saving • Light weighted
  • 6. Cobweb Cleaning Brush Features: • Time saving • Reliable • High quality • Durable • Reasonable price
  • 7. Carpet Brush Features: • Time saving • Reliable • High quality • Durable • Reasonable price
  • 8. Implementation of Marketing Concepts The organization is obeyed the marketing concepts. This concept is based on three criteria: – Customer orientation – Coordinated marketing function and – Profit through customer satisfaction Here the organizational management function is: --- continuous and intensive market research to find out the needs of the markets. --- integrate the marketing functions to serve the market most satisfactory. --- long-run market plan to attain the business objectives.
  • 9. Integrated Marketing Programs 1. - Organizational culture 2. - Four P’s 3. - Advertising 4. - Online/internet marketing 5. - Sales & customer service 6. - Public relation
  • 10. Structure of Supply Chain Management
  • 11. Societal Marketing Activities • Using the paper in order to packaging • Arrange the dust container • Use the jute materials and bamboo sticks • Converted unemployment land and labor into employment.
  • 12. List Business Portfolio (SBUs) • Manufacturer of duster and rug • Manufacturer of Domestic Floor Wiper • Manufacturer of high quality jute carpet • Importer of carpet
  • 13. Evaluation of SBUs by BCG Matrix 13 Question Marks • High growth, low share • Build into Stars/ phase out • Requires cash to hold market share Stars • High growth & share • Profit potential • May need heavy investment to grow Cash Cows • Low growth, high share • Established, successful SBU’s •Produces cash Dogs • Low growth & share • Low profit potential Relative Market Share High Low MarketGrowthRate LowHigh
  • 15. Market Targeting and Positioning The target market of the organization is female and household worker who live urban, suburban, and rural areas Positioning Map 57% 28% 15% Rifat traders Nojrut Brothers Dhaka Traders
  • 16. SWOT Analysis Strengths •High quality product •Keenly lower competitive price •Strong distribution channels •Skilled Management •Market leader Weaknesses •Lack of working capital •Problems to maintain quality •Imported raw materials •High price •Lack of automated machines Opportunities •Day by day enhancing product’s demand •Labor endowment •Government tax incentive s •Increases uses Threats •Keenly competitive market •Rapid changes of model •Technological change •Natural disaster •Political imbalances