Student Assignment on International Marketing for Indian Food
1. GROUP 1 MEMBERS
DIANA GOVEAS
POOJA PARMAR
AJIT DUBEY
MEHUL BARI
JOSLY LOPES
THIS HAPPENS ONLY IN INDIA
2. 1.Flavor - The flavour for this food is always passionate and the
spices that are used are always rich. There are so many different
Indian dishes that are prepared with a lot of flavour and spices
that will make your taste buds sit up and take notice.
2.Wide selection of choices - You will never be left without an
option for a good meal, which is one of the things that so many
people enjoy about this food. There are so many different choices
for everyone, which means finding a delicious meal will be easy
for you to do.
3.Vegetarian and non vegetarian - One of the things that a lot
of people like is that you have your choice of vegetarian meals or
non vegetarian. This is not something that you will find with
other cultures that offer delicious foods.
3. Gujarati snacks are famous all over the world.
It is vegetarian which can be eaten by anyone any time
anywhere.
Guajarati snacks include a number of types and
flavors.
Snacks is not harmful for health.
6. Core component: Easy to carry and it can be eaten any
where. Tasty, healthy & satisfies hunger.
Packaging component: Includes features, quality,
design, vacuum packaging, branding, etc
Augmented component: We are offering many variants
under some products.
7. Strengths
Part of a famous Indian cuisine.
Unmatched product.
Adaptability to all seasons.
High number of variants.
Extensive knowledge of consumer
behavior.
Weakness
Oily food.
Shelf life.
Difference in customer
tastes, culture and trends.
Opportunities
High number of NRI present
High growth rate for this Product.
Awareness in urban areas.
Converging consumer preferences.
Threats
Rising food prices.
Transportation costs.
Government policies.
Factors related to direct
competitors.
Internal
Factors
External
Factors
8. Increase sales
Improve profits
Increase Awareness of the product
Increase innovation
Competitive Strike
Economies of scale
Comparative cost benefits
Need for economic growth and world peace
9. COUNTRY NO OF OVERSEAS INDIANS
(in lakhs)
AUSTRALIA 6.4
CANADA 12
MALAYSIA 22
USA 33
UAE 34
UK 15
SRI LANKA 16
NEPAL 7
SINGAPORE 7.9
KUWAIT 10
18. •Available in best packaging
•Retains the freshness taste and aroma same as
freshly prepared snacks
•Facilitate product transportation and protection
•Convey descriptive and persuasive information
•Identify the brand (Swadisht)
•Assist at-home storage
•Aid product consumption
19. Price with different countries
Pricing as customers cost
Cash discount
Quantity discount
Combo offers
Packaging
in grams
India USA UK Canada Malaysia Australia Sri
Lanka
UAE
350 gms Rs.60 2.00$ 0.80
pound
2.10$ 4.00 rm 2.07$ 135
LKR
4.50
AED
1 kg Rs.280 5.67$ 3.00
pound
6.16$ 16.00 rm 6.00$ 615
LKR
18
AED
20. In the export business, a company may find that one or more
components of the promotional mix may vary in effectiveness
based on the market, the buyer or the product being sold. When
used at the same time, they are collectively known as “Integrated
Marketing Communications", or IMC.
It is helpful to take advantage of as many promotions as possible
to grow in international market. If a company does not have
direct overseas communications, it should work with the
importer to establish effective promotions.
Promotion as communication
Advertising
Export through e- marketing
Online snacks buying
Notes de l'éditeur
Increased sales and profits. If your business is succeeding in the U.S., expanding globally will likely improve overall profitability and increase productivity.Increased innovation. Extending your customer base internationally can help you finance new product development. Economies of scale. Exporting is an excellent way to expand your business with products that are more widely accepted around the world.Competitive Strike : a company enters the market because a majorcompetitor has done so.
A non-resident Indian (NRI)is a citizen of India who holds an Indian passport and has temporarily emigrated to another country for six months or more for employment, residence, education or any other purpose.A person of Indian origin (PIO) is a person of Indian origin or ancestry who was or whose ancestors were born in India or nations with Indian ancestry but is not a citizen of India and is the citizen of another country. overseas Indian and expatriate Indianincludes Indian-born individuals (and also people of other nations with Indian ancestry) who have taken the citizenship of other countries.