ANALYSIS ON MARKETING PLAN OF
PVC BALL VALVE IN KERALA FOR
MIHARAJ PLASTICS Pvt. Ltd.
PRESENTED BY TEAM LANCIA
-CUIM
Introduction
What is the project all about
Project is market research with the objective to assess the
market scenario and existing potential of the PVC ball valves
market in respect to Kerala for Miharaj plastic pvt ltd.
About the company
Mihiraj plastic pvt ltd has been started as the latest business
venture of S.S. Group
S.S. Group started in 1985 with manufacturing of cotton
threads diversifying itself further in the field of silk thread,
hooks, machine oil, cotton spinning mill.
SWOT ANALYSIS
STRENGTH :-
• Miharaj plastics pvt. ltd is a new venture of S.S Group ( S.S
Group working since 1985 )
(a)Financial Stability
(b)Goodwill of S.S group
OPPORTUNITIES:-
• Rise on Indian valve market
• Export opportunities
• Low penetration in India
• Large pool of technically qualified personnel
• Prevalent mass of good communication skills
WEAKNESS
• New entry in such kind of market .
• Hand in Several business
THREATS
• Strong competition from cluster of minor players
(59)% and saino plastic(27%).
• Complex target group ( Dealers & end users )
Marketing mix
Product profile
PVC general purpose ball valves-
• Reliable, speed, easy operation
• Used in residential, agricultural, industrial applications
• Combination union ball valves-used for quick
connection/disconnection of location anywhere in the water
system’s line
• PVC check valves perform in a variety of fluid-performed
operations without loosing the pressure in the system ahead of
maintenance
• Available in .5”, .75”, 1”, 1.5”, 2”, 2.5”, 3”, 4”
• Color- Grey color/ red color
• Type- socket, threaded
Pricing the product
Penetration pricing
Promoting the product
• Sources of awareness of the product
- newspaper
- exhibition
- internet
• Criteria preferred to promote the brand
- cash discount
- credit period
- profit margin
• forming the brand image
- word of mouth
- opinion leaders
- after sales offer
Product Distribution
manufacturers
distributers
Wholesale dealers
retailers
customers
SEGEMENTING
• Geographic
on the basis of district of Kerala-
• Usage
- distributers
- end users
Targeting
industrial Distributers Niche market
- infrastructure - new construction
- electric power - repairing
- gas
- oil
- refinery
- chemical industry
- pharmaceuticals
- petroleum
- urban construction
Financial projection Amount in crore( approx) ,INR
Particular 2012 2013 2014 2015 2016 2017
fixed cost 5 0 0 0 0 0
variable cost
1.raw materials 1 1.1 1.21 1.331 1.4641 1.61051
2. labour 1 1 1 1 1 1
3. overhead exp 0.2 0.2 0.2 0.2 0.2 0.2
adminstrative cost 0.3 0.3 0.3 0.3 0.3 0.3
selling & distribution 1.5 1.65 1.815 1.9965 2.19615 2.415765
financial exp. 0 0 0 0 0 0
total 9 4.25 4.525 4.8275 5.16025 5.526275
sales 5 5.25 5.775 6.3525 6.98775 7.686525
profit (contribution) 1 1 1.25 1.525 1.8275 2.16025
CGS 4 4.25 4.525 4.8275 5.16025 5.526275
Breakeven -4 -3 -1.75 -0.225 1.6025 3.76275
ACTIVITY SCHEDULE:-
Application of Gantt chart
(A)Infrastructure
Searching & purchase of land- by the month December
2010
Building the office and plant- starting from mid Jan of 2011
Plant specification- stating from Jan, 2011
Plant purchasing – by end of nov,2011
Plant installation- start from dec , 1st week ,2011
Plant testing - end of dec ,2011.
(B) Man power planning
Hiring of top level Man power- by jan 2011
Departmentalization by the end of april
Hiring of top level managers for different
departments by the end of september
Hiring of permanent employees by the end of
december
Hiring of the workers starting in the beginning of
january
( C) MARKETING STRATEGIES
• Formation of marketing plan starting from mid
july
• Implication by the end of december
Contingency approach
Outsourcing
Acquisition
More promotions
Diversification
R&D
OPEN TO QUESTIONS