Pran group of companies is one of the leading business institute of Bangladesh. We have
prepared report is based on “Business Plan on “Pran Juice Company”. We are thinking
about launching a new juice “pran sugar free smoothy”. To prepare this report we have
followed marketing research methodology for whose are children and diabetic people. To
see the market need and wants we prepared a questionnaire made by pran juice company.
The survey took place inside and outside of Dhaka.
After analyzing questionnaires we made some plan about location of raw materials,
source of finance, price, product promotion, and Channel of distribution. We will
preserve 500ml, and 900 ml Orange, Mango, Cocktail Special juices which will be totally
suger free but sweet. We keep our price relatively low than other soft drinks and fruit
juice. We will place our advertisement at television & banner. We will distribute our
product near by shop of Dhaka city in the form of bottle packaging so that consumer can
get it easily. The whole production process is in strict conformity with international
standards, and constant research and development all products. We are confident that our
products and services will satisfy the highest of standards.
Our pricing policy will be reasonable and channel of distribution will be convenience. So
our target customers will get it easily. We hope that through this plan we will increase the
competitive market share in soft drinks industry. Pran Juice provided superior value to
their customer who they promised throwing advertising. So the customers are loyal to the
Juice brand and build long term relationships.
Industry Analysis
FUTURE OUTLOOK AND TRENDS:
Many juice companies are already established. We determine our competitor as ACME,
SLICE,SHEZAN, FROOTIKA etc. Our company will be based on beverage products.
We mainly want to produce a type of juice which is different then other juice
manufacturing companies. Initially we prepare our business plan for three years. We wish
to achieve a so much customer and consumer response in 1 year. It wills our betterment
of our company. We get best wishes to our target customer and also the mind of the
customer will obviously great beliefs of our products. Because we mention that, our
product will free from sugar, fat & harmful chemicals. We expect the sales will be in next
year approximately TK 5.50 corer. Our product cost is TK 3,30,50,000. The return on
investment is 20% expected.
ANALYSIS OF COMPETITORS:
In food & beverage market there are many renowned companies having their juice
products.
Acme Juice
Pran Juice
Frooto Juice
Frutica Juice
Shezan Juice
CompetitorsPosition
Acme
Pran
Frooto
Frutica
Shezan
Now, we give a brief analysis about our competitor‟s market share.
Performence
MARKET SEGMENTATION:
We segment our market according to the demographic segmentation. In these
segmentation criteria we segment our customer according to: Age, Sex, Income, and
Occupation. Our main target customer is 60 % of diabetic people.
Organizational plan
“PRAN” is currently the most well known household name among the millions of people
in Bangladesh and abroad also. Since its inception in 1980, PRAN Group has grown up
in stature and became the largest fruit and vegetable processor in Bangladesh. It also has
the distinction of achieving prestigious certificate like ISO 9001:2000, and being the
largest exporter of processed agro products with compliance of HALAL & HACCP to
more than 70 countries from Bangladesh.
PRAN is the pioneer in Bangladesh to be involved in contract farming and procures raw
material directly from the farmers and processes through state of the art machinery at our
several factories into hygienically packed food and drinks products. The brand “PRAN”
has established itself in every category of food and beverage industry and can boost a
product range from Juices, Carbonated Drinks, Confectionery, Snacks, and Spices to
even Dairy products.
Today, our consumers not only value “PRAN” for its authentic refreshing juice drinks
products , but also for its mouth watering quality confectionery products with high visual
appeal and exciting texture. We intend to expand our presence to every corner of the
world and strive to make “PRAN” a truly international brand to be recognized globally.
Business Strategy
OBJECTIVE:
The creation of unique, innovative and healthy products that will differentiate “pran
suger free smoothy” from local juice.
The products we serve are of the highest quality. We combine this quality with great
service and atmosphere
Competent management staff whose makes the juices and shakes fresh and good
quality
Excellent Customer Service. Quick delivery and each customer will be treated as
would an honored guest in our homes
Product quality. Not only great food but great service and atmosphere
Repeat customers.
MISSION: Establish Smoothy Juice as the Local leading source of healthy energy in
the form of freshly juices with an uncompromising commitment to making a difference
through our values.
VISION: Explore all over the Bangladesh from fresh juices, providing for all their
needs always with the assurance of outstanding quality.
When the business works hard to achieve the lowest production and distribution costs so
that it can price the products lower than the competitors and win large market share. Pran
Group fallows this Strategic Formulation. They always tray to reduce production and
distribution cost thus they can offer product in lowest price then
their competitor. They win large market share for lowest price and good quality products.
Differentiation:
When a business focuses on one or more narrow market segments. And for attracting the
customers it may use either cost leadership or differentiation. Pran Group does not fallow
Focus Strategic Formulation.
SWOT ANALYSIS:
Strength:
Weakness:
1. Low advertisement.
2. Confusing add.
3. Common add for all type of food or drinks.
4. Market size is small.
5. Distribution is time consuming.
Opportunity:
1. Potential customer.
2. Converting non user.
3. Production cost is low then others.
4. Offer different packages.
5. Add should be meaningful
Threats:
Our business name is Smoothy Juice and we have different varieties in juices drinks as
well and our Smoothy Juice Industry is located in Asulia, Savar, Dhaka.
Pran suger free smoothy is specially for children and diabetic patients because its suger
free and diet juice. This juice is providing totally fresh juice. People are very much
conscious about their health aand mostly they like fresh fod then soda, carbonated drinks.
Its also favorable for health conscious people and childrens.
Fresh juice: For the first time we are producing orange juice for testing the consumer
market. We are going to make fresh juices 3 flavors in juices available throughout the
year - Orange, mango and Cocktail special.
Our specialty: Our specialty, we produce juice for the children and health conscious
people, because we reduce the fat level on 0.5% and add extra vitamins and add some
sugar that are best for diabetic people.
Diet
Whole of the manufacturing maintain by our employees and all the raw materials will be
purchased from our country and abroad and we produced our product in our factory.
Juice extraction:
Firstly the oil is removed. This process is carried out without causing damage to the fruit.
It is done to avoid undesirable flavors and obtain the highest possible level of aldehydes.
Secondly the juice is extracted. The technology used involves cutting and squeezing the
orange and is different to many of the In-line systems used. The HRS process does not
damage the peel and therefore avoids contamination of the juice.
Thirdly the juice is separated from the husk and the seeds. With this process we reduce
the bitter constituents, obtaining a low reading for quick fiber and a low viscosity in
NFC.
The resultant juice has a minimum content of the bitter constituents, an agreeable colour,
minimum natural oil content and an increased number of intact juice cells. The Limonina
content is also reduced. The average cell size in the pulp is increased with a higher
percentage of floating pulp.
We must also highlight the fact that the process does not use water during the extraction
processes, the energy consumption has been optimized and the contaminants contained in
residual water have been minimized.
Another of the fundamental aspects of the process is the thermal treatment which is
carried out using a triple tube heat exchanger (HRS Spiratube model AS). In this heat
exchanger the product flows through an annulus formed by tree concentric tubes making
the units especially useful for:
Non-Newtonian fluids
MX PASTEURISER:
The Pasteurisers MX series produced by HRS Spiratube are characterised by the high
speed of treatment, carrying out product de-aeration when the product is cold and because
little maintenance is necessary.
HRS has developed a new series of Pasteurisers, designated the MX series in which
special attention has been paid to the following features:
Feature 1. Energy recovery. Up to 85% of energy can be recovered which reduces the
processing costs substantially.
Feature 2. Thermal treatment times are reduced. This results in a higher quality product
being provided.
Feature 3. The design is hygienic. This results in a higher quality product being
provided. This key aspect of the design is the elimination of all dead zones within the unit
where movement of the product is restricted. These zones are inevitable present in
traditional designs using product to product heat recovery particularly in the area of the
product entry into the headers.
Feature 4. Reduction in space. The most visible aspect of the MX technology is the
reduction in size of the units. This has been achieved by eliminating the bends
interconnecting the units. Compared to a traditional design the volume needed for the
MX series can be reduced by up to 70%. In the specific case of orange juice production
we can take advantage of the MX technology because it allows us to use direct product to
product heat recovery. The result is a more compact pasteuriser containing significantly
fewer modules.
The principal components are automatic systems for mixing the product, controls for the
components and the CIP cleaning operations. Mixing takes place in tanks fitted with
agitators in which we can programme the proportions of the various constituents. The
mass transfer of the constituents is carried out using centrifugal or pistonpumps.
SHIPPING:
The shipping area contains the chillers used for loading and unloading the tanks. These
chillers use MX and AS type heat exchangers that generate the best heat transfer coefficients.
The products must be chilled down to between 0°C and +2°C.
DRYING THE ORANGE PEEL:
In order to market the orange peel we must use a drying plant. The first part of this plant
is the hydrolysis zone which takes the peel coming from the juice plant and adds lime
[CaO]. When we have the hydrolyzed peel it passes to the presses where we obtain a
semi-solid product and a 24 liquid. The liquid is passed to a further process of
evaporation where we obtain a concentrated liquid. The semi -solid product and the
concentrated liquid are both passed to the final dryer from which we receive the dry
product. The Trommel type dryer can use different types of fuel such as biomass, natural
gas etc. and it is important to realise that the exhaust gases from the dryer can be used as
an energy source on the evaporation plant. Lastly, the product is passed to a pelletiser
which gives the peel in a form which can be sold.
Graphical outlook of the manufacturing process:
Marketing Plan
MARKETING OBJECTIVES:
Maximum profit margin: The big price objective of “ pran suger free Juice” that
they provided high quality product and satisfied the customer with its flovar then take
the premium price from the customer other than our competitors. This suger free juice
contain maximum profit margin other than their competitors.
Quality leadership: The main objective of this company that its responsibility to
provided best quality which they promised to their customers. Pran suger free Juice will
successfully fulfill their promises.
Long relationships with customer: pran suger free juice provides superior value to
their customer who they promised throwing advertising. So the customer are loyal to this
Juice brand and build long term relationships.
Communication objective: pran suger free juice use different sources to attract their
target customer. The objective of this new Juice produces awareness in our customer
about new products and also produces awareness to new customer about suger free Juice.
Pran suger free Juice also give the knowledge of their juices give you energy and good
taste. Through this, it also gives message that this juices are good for your health.
To build high speed, efficient and vertical integrated manufacturing capabilities to
gain low cost advantage.
PRICING STRATEGY:
By using the value pricing method, the price of Pran suger free juice is done. Pran suger free
juice selling its juices at price added cost and prifit margin and also keep in mind the key
competitors price. Pran suger free juice provides its customers quality fresh juices that
provide customer good health and enjoyment. Pran suger free juice is a big price objective
that they provided high quality and taken premium price to its customer. Pran suger free juice
contain maximum profit margin is another objective of pricing strategy.
PRICE STRUCTURE:
Manufacturer
Dealer
Wholesalers Agent
Retailer
Dealer
Wholesalers Agent
Retailer
Customer
Pran suger free juice use different sources to communicate their target marketing. Pran suger
free juice use those sources on that the more customer attract like Local Cable, Newspapers,
Billboard and when they lunch any scheme in juices they use pamphlets to aware their
customer. Pran suger free juice uses the channel to attract the customer and give fully
information about juices through these Electronic media. As our target consumers are Old,
Children and all health conscious people, for this reason we promotion our product to give
advertise in television, radio. We also use vehicle writing method and posturing for our
product advertisement. We also promotion our product with the help of our packaging
system. In packaging we mainly follow that the product will packaged in an attractive form,
that make consumers interest on our product. It packaged in different levels in variation of
quantity. So people can afford it easily.
Product forecasts:
This types of product continuing in the market on the basis of their features, reasonable
price, standard maintain and also quality. We are also prepare and determine that our
product will be quality full and reasonable price that‟s why we are optimist about our
product that will be continue a certain time.
Controls:
We believe in best quality. In producing our product we maintain quality as well as
quantity. For control the products quality we will import best quality equipment from
abroad. We also standardization our product from our expert researcher. Our whole
production process mainly base on computer for this reason is done by a very systematic
process. We produce our product which has no harmful chemical. That‟s why these
products have no side effect and every one in every age can use our entire product
frequently.
E-commerce
E-commerce model:
E-commerce is the buying and selling of goods and services over
electronic networks. The models map out different configurations
for the flow of goods and money. One of them is –
the picture of their preferable flavor. They will see a diagram where they have to write
down the In case of pran suger free juice, customers have to enter to the web page of pran
juice company first. In one side of the page will be personalized by our new product. To
check out the products or put orders, customers have subscribed with a user ID and
password with the help of their e-mail address. Once they enter their email address, it will
work as their identity and will be saved in the database for life time.
When customers log in to the web site, they will see some all the products of Pran group
in left side. On the right side, they will see the verity of our new sugar free juice.
Customers have to give orders by clicking into quantity of their product and mention the
particular flavor name. there will be a part where customers have to write down their
proper present address and contact number. If customers wants to pay through credit
card, then they have to click on the “Bill Pay” button. They have to write down their
account name and card number and the amount payable. The card have to be VISA card.
If customer doesn’t have credit card, then they can pay it menually before the delivery.
Then click the submit button. Once the submission of order is complete, they will see a
PIN number of order which they have to keep.
The order will be served with in 24 hours in the mentioned address. The delivery person
will ask for the PIN number to the receiver. If it matches, they will take the payment and
close the order.
Financial plan
Financial Plan:
Pran suger free juice
Pro-forma income statement
For the year end 31st dec,2011
Revenue:
2,55,00,000.00
Net Sales
Advertising 29,00,000.00
Maintaince 30,000.00
Salaries & wages 10,90,000.00
Building Rent 16,60,000.00
Repairs 8,15,000.00
Depreciation (Land &Building) 1,50,000.00
Depreciation (Machinery& Equipment) 1,63,400.00
Office Expenses 50,000.00
Miscellaneous 90,000.00
Professional Fees 1,70,000.00
Telephone 90,000.00
Utilities 99,000.00
Marketing Van 1,60,000.00
Packaging Cost 23,00,000 .00 97,67,400.00
Operating Profit 55,87,100 .00
Our total equipment and capital is taka 11 crore and we have taken a loan amount of taka 4
crore to improve our product quality. Now our total capital is Taka 15 crore. The amount of
taka 15 crore that we have in which areas we use this money is given below:
Computer Tk 11,25,000.00
Freezer Tk 25,26,500.00
Company can reduce the chance of frailer by fallowing the below mentioned factors-
The company should have clear concept about market (national & international) industry
demand.
Conclusion:
PRAN group of industries are now one of the most successful industry in our country. They
are trying to increase their business line and their own brand. PRAN group also trying to beat
the competitive market by doing different types of business. This new product idea will also
help to increase the profit margin and achive the highest market share then competitirs.
………………
APPENDIX
Website
1. www.google.com
2. www.tatamcgrawhill.com
3. www.pan bev.com
4. www.bplan.com