Mayurika Barai Project
Mayurika Barai Project
Mayurika Barai Project
PROJECT
ON
“To study the marketing strategy adopted by Haldiram with
reference to Nagpur city”
(2024-2025)
SUBMITTED TO
Rashtrasant Tukdoji Maharaj Nagpur University, Nagpur
SUBMITTED BY
Mayurika M. Barai
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DECLARATION
I miss Mayurika M. Barai, here by declared that the project entitled “To study the
marketing strategy adopted by Haldiram”, reference to Nagpur city is the result
of my own research work and has not submitted for any other examination and
does not form the part of any other course undergone by me
Mayurika M. Barai
Date:
Place:
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CERTIFICATE
This is to certify that the project entitled, “To study the marketing strategy
adopted by Haldiram” (2024-2025) submitted by Mayurika M. Barai. In Partial
fulfillment for the award of the degree of Master of Commerce (Business
Studies) Semester III to the Rashtrasant Tukdoji Maharaj Nagpur University,
Nagpur has been under my supervision and guidance. The certificate has
satisfactorily conducted this research for not less than one academic year. It has
not been submitted for any other examination and does not form the part of any
other course undergone by the candidate.
Supervisor
Dr. Kapil Fulwani sir
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ACKNOWLEDGEMENT
I am extremely thank you to my project guide Dr, Kapil Fulwani sir, DADA
RAMCHAND BAKHARU SINDHU MAHAVIDYALAYA, Nagpur for his
guidance throughout the project. I express my sincere regards to him for giving
me guidance, suggestions and valuable encouragement which helped me in the
completion of the project.
I also thank the non-teaching staff of the college for their co-operation. I would
like to thanks my friends and all those who helped me in completing this project
successfully.
Mayurika M. Barai
DRB Sindhu Mahavidyalaya
Rashtrasant Tukdoji Maharaj Nagpur University
Nagpur
Date:
Place:
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INDEX
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INTRODUCTION
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Haldiram is an Indian multinational sweets, snacks and restaurant
company headquartered in Noida. The company has manufacturing plants in
locations such as Nagpur, New Delhi, Gurgaon, Hooghly, Rudrapur and Noida.
Haldiram's has its own retail chain stores and a chain of restaurants in Pune,
Nagpur, Raipur, Kolkata, Noida and Delhi. Haldiram's products are sold in more
than 80 countries. Haldiram's was established in 1937 as a retail sweets and
namkeen shop in Bikaner, Rajasthan. It was founded by Ganga Bishan Agarwal,
fondly known as Haldiram Ji.In order to drive expansion, the company's first
a manufacturing plant was started in Calcutta (now Kolkata). In 1970, a larger
a manufacturing plant was established in Jaipur. Another manufacturing plant
was established in New Delhi in the early 1990’s. In 2003, the company began
the process of developing convenience foods to be marketed to consumers.In
2014, Haldiram's was ranked 55th among India's most trusted brands according
to the Brand Trust Report; a study conducted by Trust Research Advisory. In
2017, the company was named the country's largest snack company.In 2022, it
was announced that the packaged snacks businesses of Delhi-based Haldiram
Snacks and Nagpur-based Haldiram Foods International would be first demerged
and then merged into an entity named Haldiram Snacks Food. Delhi-based
brothers Manohar and Madhusudan Agarwal obtained a 56% stake of the merged
entity, while Nagpur-based Shiv Kishan Agarwal received the remaining 44%.
Haldiram's has over 410 products. Its product range includes traditional
namkeens, western snacks, Indian traditional and contemporary sweets, cookies,
sherbets, and pickles. Haldiram is on the way of its vision as today it is an iso
9001 & haccp certified company and has presence all over india, 62 countries
(uk, us, Germany, Australia, uae- to name a few) in world and top supermarkets
of the world like Tesco, Somerfield, spinneys, carrefour. The fact that today
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haldiram exports 60 MN dollars goods and has registered 40% growth over the
last 5 years itself tells its success story. Haldiram’s success saga is because of the
pro-active thinking of making access into the traditional, fresh homemade food
and skillfully converting it into a product line extension.
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Haldiram’s stand out among competitors as a brand that brings affordable
luxury to everyday snacks.
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lines for these regions has allowed Haldiram’s to penetrate diverse
international markets effectively.
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COMPANY PROFILE
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Haldiram’s : the company which is today synonymous with the Indian snacks
and sweet food market started the first chapter of the saga, as a small sweet shop
in Bikaner, Rajasthan in 1935 . By 1982, the company had set up its business in
Kolkata, Nagpur & in Delhi. An important diversification was inroads into the
restaurant business with Haldiram having 10 restaurants cum sweetshops at
premium locations of Nagpur with plans to open various outlets in other cities
too. haldiram is on the way of its vision as today it is an iso 9001 & haccp
certified company and has presence all over india, 62 countries (uk, us ,
Germany, Australia, uae- to name a few) in world and top supermarkets of the
world like Tesco, summer field, spinneys, carrefour. the fact that today haldiram
exports 60 MN dollars goods and has registered 40% growth over last 5 years
itself tells its success story haldiram’s success saga is because of the pro-active
thinking of making access into the traditional, fresh homemade food and
skillfully converting it into a product line extension.
With it they have busted the myth that Indian consumers will not pay extra for
western concept of packaged food and that two of the Indian household kitchen
categories. haldiram’s ingredients of success recipe includes a diversified product
portfolio, stringent quality controls, good raw material, storage, production and
packaging processes which has resulted in unparalleled taste and extended shelf
life, also haldiram’s sensitivity to catering to the local palates (30 – 40% of
haldiram flavors are sensitized to suit local taste) has resulted in creating a loyal
consumer base. today, haldiram can proudly claim that what began as a
small-time enterprise in india is a global phenomenon now and haldiram’s is way
of life for Indians no matter which country they live-in.
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Haldiram is on the way of its vision as today it is an iso 9001 & haccp certified
company and has presence all over india, 62 countries (uk, us, Germany,
Australia, uae- to name a few) in world and top supermarkets of the world like
Tesco, Somerfield, spinneys, carrefour. The fact that today haldiram exports 60
MN dollars goods and has registered 40% growth over the last 5 years itself tells
its success story.
Today, haldiram can proudly claim that what began as a small-time enterprise in
India is a global phenomenon now and haldiram’s is a way of life for Indians no
matter which country they live in.
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1. Branding and Market Positioning
● Regional Customization:
2. Product Diversification
The brand offers a wide variety of snack foods, sweets, and ready-to-eat
meals to cater to different demographics and dietary preferences. This
diversification ensures it can meet demand across various segments,
including health-conscious options like low-fat and low-calorie snacks.
● Seasonal Products:
3. Targeted Advertising
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Haldiram’s uses TV and print media to reach its traditional customer base,
often featuring culturally resonant themes and visuals that highlight Indian
festivals, family gatherings, and community values.
● Digital Marketing:
● Influencer Collaborations:
● Eye-Catching Packaging:
● Portion-Control Packs:
The brand offers various packaging sizes, including small, on-the-go packs
for snacks, family packs, and economy packs. This flexibility caters to
different consumer needs, from individual snacking to family sharing.
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● International Expansion: Haldiram's has expanded its distribution to
countries with large Indian diaspora populations, like the U.S., U.K.,
Canada, and the Middle East. This global reach strengthens brand equity
and expands its consumer base.
● Own Branded Stores and Restaurants: Haldiram's operates branded
restaurants and snack outlets in India, reinforcing the brand's presence and
offering consumers a taste of its products in an experiential setting.
6. Pricing Strategy
● Competitive Pricing:
● Value-Added Packs:
Haldiram’s often engages with its customers through loyalty programs and
feedback systems, especially in its branded restaurants. This feedback loop
is vital in helping the brand understand consumer preferences and
emerging trends.
● Responsive to Trends:
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8. CSR Initiatives
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DISTRIBUTION FLOW CHART
PROMOTERS
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PRODUCTS
VISION
1.Achieve continuous and sustainable growth in the business, within India and
abroad, organically and inorganically.
3.And keep innovating new quality products and delight consumers by offering a
wide range of quality food products at competitive rates.
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MISSION
1.Make available authentic, tasty and quality vegetarian food products made as
per global standards at reasonable cost, in India or abroad.
4.Provide a friendly working environment that attracts best talent and offers
retailers, suppliers.
THE CUSTOMERS
Haldiram’s is known for its sweets and food. Haldiram targets customers of all
age groups. If Haldiram’s planet food, ajni is concerned the Frequent number of
customers are travelers, corporate and families. In earlier days, Haldiram’s never
followed an aggressive marketing strategy, but its products speak for themselves.
They have huge customers and strong word of mouth Marketing.
THE COMPETITION
Competition is the same as it was earlier. Now there are companies with the same
products, matching Quality and service. Haldiram started doing branding by
going digital on YouTube, Social Media and television. He knows the market and
wants to stay in this competition or can say that they wants to become a leader in
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the market. They have done some advertisements, like Haldirams had come up
with small 30 seconds YouTube ads to target customers. It did city- level
promotions using colorful hoardings and posters.The Environment Haldiram
Foods International Pvt. Ltd. Is the major exporter for sweets in 19 countries.
Haldiram’s Major revenue comes from Exports.Competitors of haldiram’s the
snack industry in Nagpur is highly competitive where not only national and
international brands exist but also local brands have made their prominence.
Among all haldirams has the advantage of early mover but other salsa picking up
quickly. There are many competitors in Ghaziabad for haldiram’s which are a
matter of concern. the list of haldiram’s competitors is as follows:
SNACKS
● Bingo
● lays
● Kurkure
● Diamond
NAMKEENS
● Bikaji
● Bikaner Wala,
● Jain’s,
● Bikaon,
● Balaji
● Lehar
PAPAD
● Lijjat
● Bikaji
SWEETS
● Bikaner Wala
● Bengali sweets
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● Bikaner
SYRUPS
● Roohafza
● Kisan
● Dabur
READY TO EAT
● Milkmaid
● Nestle
BISCUIT
● Britannia
● Priya gold
● bakeman’s
● parle
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PESTL
● Analysis Political
● Mandatory employee benefits
● Industrial safety regulations in the Consumer Services sector.
● Intellectual property protection
● Environmental regulations
ECONOMICAL
TECHNOLOGICAL
ECOLOGICAL
● Climate change
● Laws regulating environment pollution
● Recycling
● Waste management
LEGAL
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● Copyright, patents / Intellectual property law
● Consumer protection and e-commerce
● Health and safety law
INDUSTRY ANALYSIS
● Suppliers provide raw materials such as gram flour, dry fruits, spices and
other ingredients. Their ability to raise input costs is high.
● Higher cost of input commodities leads to lower margins, making the
market unattractive for distributors and retailers.
● Shortage of any input material may also affect production and thereby
impact distribution
3. Threat of substitute:
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● High demand during festival season and low during monsoon v. Rivalry
among existing competitors:
● High Competition – Branded Players involved in cutthroat competition to
increase market share, entice new consumers, find new markets.
● Quality difference between branded and unbranded offerings is offset by
low price offered by unbranded players.
● Brand Loyalty is high for branded players.
ALLOTTED WORK
a. Internal Benchmarking: -
b. External Benchmarking: -
c. Customer handling: -
Customers need extra attention when a restaurant is crowded, food is delayed and
at the time when they are having difficulties when placing orders.
EXECUTION
Benchmarking is the first work which was allotted to me. Initially I had done
internal benchmarking, where I had studied the internal process of Haldiram’s
Planet food, ajni and generated my findings based on my observation. Customer
Handling Is the next work which was allotted to me. Here I have to identify
where customers are facing problems, how to solve customer problems &
gathering customer feedback. Reviewing Food Aggregators for Haldiram’s
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planet food, ajni is my task. Here I have responded to the feedback which was
placed by the customer on the food aggregator’s application/website and I also
have to evaluate the negative feedback which states the common problems which
were placed by the customer. I had reviewed zomato, swiggy as this food
aggregators are tied up for business with Haldiram’s planet food, ajni.
BELOW
● Within 500 meters, Divakar’s Ajit Bakery (veg. & Non-veg) may hold a
good share if we talk about fast food & quick bite because. To Grab Veg.
market share of Divadkar’s Ajit Bakery Haldiram’s planet food needs to
do more marketing to attract customers. The footfall is majorly low in
Divadkar’s Ajit Bakery comparing to ajni’s Planet food. Divadkar Ajit
Bakery has good traveling customers from Nagpur Railway station, It
means People usually order food from train/railway station and food is
parceled.
● Moving ahead from 500m, Hotel Krishnam next to SaiMandir also holds a
good market share, mainly because of SaiMandir. Hotel Krishnum holds a
large footfall at breakfast time. If it wants to attract devotees, Haldiram
needs to advertise inside the temple.
● Customer Handling Is the next work which was allotted to me. Here I have
to identify where customers are facing problems, how to solve customer
problems & gathering customer feedback. Report of Customer handling is
given below-
● Customers need extra attention when the restaurant is crowded, food is
delayed and, on the time, when they are having difficulties when placing
order this was the problem which was identified may be.
● To solve the above problem, specially on the time of delay in food the
good playlist of songs will make them engaged & entertained.
● A “ORDER HERE” board is required on the place of the cash counter is
my recommendation, as new customers usually tell the order to the waiter
& then the waiter tells them the direction of the cash counter. Reviewing
Food Aggregators for Haldiram’s planet food, ajni is my task. Here I have
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responded to the feedback which was placed by the customer on the food
aggregator’s application/website and I also have to evaluate the negative
feedback which states the common problems which were placed by the
customer. I had reviewed zomato, swiggy as these food aggregators are
tied up for business with Haldiram’s planet food, ajni. The report after
reviewing food aggregators is given below-
1. Haldiram’s Planet food Ajni has a rating of 4.2/5.
2. Chinese combos- Veg Manchurian & Chili Paneer ‘s quantity is very
less.
3. Reviews by majority of customers. Planet food needs to increase in
quantity for higher satisfaction.
4. Hotel Krishnam has rating of 3.7/5 which is comparatively less
compared to Ajni’s Haldiram but they owe a “FOOD HYGIENE
EXCELLENT” badge & “PROMPT SERVICE” rating (Image
Attached) which should also be in our restaurant listing.
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RESEARCH STUDY
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OBJECTIVES
Haldiram’s, a well-established brand in India known for its snacks and sweets,
has developed a strong marketing strategy to expand its reach and maintain its
brand reputation.
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● To reduce packaging waste by using recyclable materials and exploring
eco-friendly packaging solutions.
● To explore partnerships with local delivery services to expand home
delivery options for restaurant items and packaged snacks.
● To strengthen brand recognition as a trusted, traditional, and
quality-focused Indian snack brand.
● To broaden its customer base across different geographies, both within
India and internationally.
● To grow Haldiram's presence in international markets targeting Indian
diaspora and multicultural consumers.
● To establish Haldiram's as a household name synonymous with quality
Indian snacks and sweets both in India and globally.
● To make products accessible to all income groups.
● To study the distribution network of Haldiram products.
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SCOPE OF THE STUDY
The scope of a study on the marketing strategies adopted by Haldiram, a major
player in the Indian food and snack industry, could cover several dimensions:
1. Market Analysis:
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4. Consumer Perception and Brand Loyalty:
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HYPOTHESIS
Haldiram's, a leading Indian snacks and sweets brand, has achieved remarkable
success in the FMCG sector by employing a combination of traditional and
innovative marketing strategies. Here are some hypotheses about the marketing
strategies that might contribute to Haldiram’s success:
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5. Expanding Distribution Channels
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LITERATURE REVIEW
1. The future of India Snacks Market can be judged from the fact that this
industry is expected to grow with double digit CAGR for the time frame of
2018 to 2024. The Indian snacks market is divided between organized
players and unorganized markets. At present Unorganized market is
dominating the India snacks market. But this scenario is expected to
change during the forecast period of 2018-2024. India Snacks Market is
growing due to following factors Lifestyle Changes, Rising Urbanization,
Growing Middle Class Population, Local Availability and Availability of
Snacks in Small Package Size, Low Price and Company's Strategies to
focus on regional taste. (29-1- 2018, Laura Wood, Senior Manager).
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the festival season sales of Haldirams. This is due to the fact Factors Affecting
the Retailer Perception for the Sale of Snacking Products through Traditional
Trade Retail Outlets in India 29 NJMSR V.1 No.1 Issue 1 (2016) that Haldiram's
brand, as a close competitor of Frito Lay, also provided better retailer schemes to
push sales during the festival season further. ITC and Parle lag far behind in
merchandising tool deployment and also in offering competitive retailer schemes
(Ganga Katiyar,2016).
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RESEARCH METHODOLOGY
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Methodology includes the overall research procedures, which are followed in the
research study. This includes Research design, the sampling procedures, and the
data collection method and analysis procedures. Research Objective of the report
is to learn the facets of marketing and do the monitoring and counter selling for
Haldiram PVT. LTD. Along with I will also work in the following areas: -
Research design:
● Primary Data
● Secondary Data
Primary research entails the use of immediate data in determining the survival of
the market. The popular ways to collect primary data consist of surveys,
interviews and focus groups, which shows that direct relationship between
potential customers and the companies. Whereas secondary research is a means
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to reprocess and reuse collected information as an indication for betterments of
the service or product.
Both primary and secondary data are useful for businesses but both may differ
from each other in various aspects.
● Categorical:
● Continuous:
● Mixed:
● Observations
● Interviews
● Reports
● Records
● Tools of data analysis: -
● Qualitative
● Quantitative
● Mixed (qualitative and quantitative)
● Critical and action oriented
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In these reports data is collected by means of survey. A format was made for
collecting the data in which important questions was being prepared for
collecting the data e.g. to know the market share of haldirams total demand
existing in the market and what the share of competitors.
2. Research Design:
● Type of Research: This study can use both descriptive and exploratory
research designs.
○ Descriptive research will quantify how Haldiram’s marketing
strategies align with consumer preferences and market trends.
○ Exploratory research will investigate new or less obvious aspects,
such as Haldiram’s social media and influencer marketing approach.
● Primary Data:
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○ Surveys: Design surveys targeting consumers to gather data on
brand perception, loyalty, and buying behavior. Survey questions
may cover areas such as brand awareness, frequency of purchase,
and perceived quality.
○ Interviews: Conduct structured interviews with Haldiram’s
marketing team, if possible, to gain insights into their strategy
formulation and execution.
○ Focus Groups: Organize focus groups with consumers to gather
qualitative data on perceptions of Haldiram’s product offerings and
branding.
● Secondary Data:
○ Review industry reports, case studies, journal articles, and news
articles related to the FMCG sector and snack market to understand
market dynamics.
○ Study social media analytics, press releases, and annual reports for
insights into Haldiram’s public-facing marketing strategies.
○ Analyze competitors’ strategies to compare Haldiram’s positioning
and promotional tactics.
4. Sampling Methodology:
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○ Regression analysis if looking to predict consumer buying behavior
based on marketing activities.
● Qualitative Analysis: Analyze interview and focus group data using:
○ Thematic analysis to identify recurring themes in customer
perceptions.
○ Content analysis for social media posts or Haldiram's
advertisements to gauge messaging patterns and brand tone.
● Use the 4Ps of Marketing (Product, Price, Place, Promotion) to assess each
element of Haldiram’s strategy.
● Conduct a SWOT Analysis to highlight strengths, weaknesses,
opportunities, and threats in Haldiram’s marketing strategies.
● Evaluate how Haldiram compares to competitors (such as Bikaji and
Bikanervala) in terms of innovation, customer engagement, and branding
efforts.
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DATA ANALYSIS &
INTERPRETATION
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The data that has been collected by means of survey and questionnaires has been
analyzed and tested by excel and the result has been interfered with. various
graphs and chart bars are used to interfere with the data. While preparing the data
it has been kept in mind that the data should be coherent and there should be no
biasness.
The data about consumptions and different namkeens sold in market has been
collected and it has been observed that haldirams capture highest percent share in
namkeens and it is about 60% share, Balaji captures 17% of market share,
Bikanerwala holds 20% share of market and rest has been captured by other
brands.
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2. Demand of Chips:
Data collected and analysis captures the highest share in the market that is 30%
of market share, haldirams also captures quite good share of market. On analysis
% share of different brands is shown.
Various factors that help to increase the sales volume of products. Taste is the
major factor on which sales of a product depend. There are also secondary
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factors on which a good share of sales depends : advertisements, packaging,
brand and other factors.
Namkeens and chips are mainly used by persons who belong to the age group of
0- 20. It should be kept in mind that the mainly teenagers and child’s are the
persons who are occupying the highest share in sales volume of these products.
other ages are occupying 40% sales volume of all these products.
Among the different brands of haldirams western namkeens products are takatak
chips whoopies. Chips is mainly the segment which captures the highest share in
the market and it is also sold in higher volume comparable to other products.
Takatak is also sold in good volume as comparable to whoopies, takatak also
occupies a good volume of market share. Whoopies is not sold in higher volume
but in future it may be sold in good volume because consumers are not aware of
these products.
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Item Response Percentage
Quality 25 50%
Packaging 5.5 11%
Others 19.5 39%
Total 50 100%
Quality is a major factor on which sales volume of products depends on the basis
of survey. It has been observed that it is a major factor on which the sales volume
of a product depends.Packaging also occupies a good share in sales of products.
It is also in demand in today's era and on it sales volume of products depend.
Other factors are also quite essential for sale of a product e.g. advertisement,
brand and other factors also occupy quite a good percentage.
Part time users are those types of users who use haldiram's products anywhere at
any time. They occupy the highest share that is 50% Regular user compromises
of about32% who always use haldiram's products. 18% users are of that type by
chance they use Haldiram’s products.
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There are so many brands that offer their products in the market. Lays: -
everyone is aware of these products and so it occupies the highest sales volume.
Haldirams is a known brand and performance is quite good. ITC is also a
renowned brand but its performance is not up to the mark as it spends huge
money in promotion Bikanerwala is a growing brand.
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SWOT ANALYSIS
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● STRENGTH:
1. A nationwide manufacturer and strong distribution channel
2. Strong control over distributors
3. Haldiram is the master brand in Namkeen and growing its chips.
4. Engage in proportioning throughout the year.
5. Employees are very much devoted to their works
● WEAKNESS:
1. Feedback system doesn’t work properly.
2. Proper Importance isn’t given to the retailers.
3. Low profit margin to the distributors.
4. Weak in chips segment.
5. Low profit margin to the retailers in Namkeen Segment.
● OPPORTUNITY:
1. Steel big empty market.
2. Huge demand in the months of August to March.
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● THREATS:
1. Facilities provided by the Lay’s, is offering credit sales.
2. Lay’s and Kurkure paint the outlets regularly.
3. Matter of low hygienic foods.
4. Insects are found.
5. Entrance of Local product.
6. Distributor attitude.
7. Undercutting to the Wholesale market.
Marketing mix is the set of marketing tools that the film uses to pursue its
marketing objective in the target market.
Haldiram’s is a leading Indian brand known for its savory snacks, sweets, and
packaged foods. Over the years, it has expanded its offerings and established a
strong presence both domestically and internationally. Here’s an analysis of
Haldiram's marketing mix (4 Ps) and some key marketing strategies the brand
has adopted:
1. Product
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● Innovation: They consistently innovate their product line to keep up with
changing consumer tastes. For example, they introduced healthier options
like low-calorie snacks and have ventured into international snack items to
cater to global tastes.
● Quality Control: Known for maintaining high standards of quality and
hygiene, Haldiram’s emphasizes freshness and traditional flavors to
enhance its brand reputation.
2. Price
3. Place
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4. Promotion
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● E-commerce and Online Presence: With the boom in online shopping,
Haldiram’s has embraced e-commerce platforms, offering its products on
its website and other online marketplaces, thus expanding its customer
reach.
● Products
● Chips
● Pudina treat
● Paprika
● Mast Masala
● Bolelos
● N salt
Taste of chips:
● Pudina treat
Taste of pudina:
● Paprika
● Mast masala
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● Salt
● Boletos
N salted:
● Masala salted
Namkeen:
● Bhujia
● Aalu Bhujia
● Kaju Mixer
● Kashmiri mixer
● Bombay mixer
Product Qualities:
Impeccable qualities, they focus on TQM before the finish like because of the
quality along with advertisement which Haldiram gives as a competitive edge
design innovative of packets day by day. It is popular due to its colorful packets
of Namkeen which is unbeatable by other brands.
Features:
Brand name:
Warranty:
● Takes in return when product expires or any or any other damage which is
accidental.
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Price:
Allowance:
● Fixed, as per distributor target and companies target to the sales person.
Public relations:
Sales executive:
Promotion:
● Scheme like scratch coupon, Discount coupon, Bags, Caps, T- shirt, win
cheaters etc. are given to retailer and customer.
Findings:
● The first and the major problem is that the company does not have direct
and permanent contracts with retailers. It is a general complaint that there
is a big communication gap between the company and the retailers and no
one is to solve their problem.
● The second problem of retailers is the non availability of quick response of
distributors.
● Distributors do not send the ready stock and thus the delivery man suffers
the problems when the retailer demands in an emergency.
● One of the major problems is the price difference. They are getting same
product in different price from others suppliers (the other suppliers are
giving on less price and schemes) thus this problem is very big for
distributors and suppliers both.
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CONCLUSION & LIMITATIONS
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The marketing strategies adopted by Haldiram's have been instrumental in
establishing the brand as a leading player in the Indian snacks and sweets market,
both domestically and internationally.
Here’s an overview of the key aspects that define Haldiram’s marketing success:
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5. Digital and Social Media Marketing:
Conclusion:
Haldiram’s marketing strategies focus on a combination of tradition and
innovation. By offering authentic products, expanding their distribution network,
leveraging digital marketing, and staying culturally relevant, Haldiram’s has
managed to sustain and grow its market position. Their adaptability and strategic
focus on quality have not only made them a household name in India but also a
beloved brand among Indian communities worldwide. This blend of consistency
and adaptability will likely continue to support their growth and success.
Haldiram's has established itself as one of India's most iconic and trusted brands
in the food industry, particularly in the snacks segment. The brand's success can
largely be attributed to its robust marketing strategies that emphasize traditional
values while embracing modern tastes and trends. Haldiram's adopted a
customer-centric approach, combining quality, authenticity, and innovation in its
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product offerings. The brand has strategically expanded its reach, targeting
diverse demographics through various channels, including digital platforms,
retail expansion, and innovative packaging. This multifaceted marketing
approach has enabled Haldiram's to cater to both domestic and international
markets, allowing it to build strong customer loyalty and brand recognition
worldwide.
Limitations:
Despite its successful marketing strategies, Haldiram's faces certain limitations
that could affect its continued growth:
1. Intense Competition:
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3. Challenges with Global Market Penetration:
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RECOMMENDATIONS &
SUGGESTIONS
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Recommendations:
Haldiram’s, one of India’s leading brands in packaged snacks, has leveraged a
mix of traditional and modern marketing strategies to expand its market share
and reach both domestic and international audiences.
1. Product Diversification
While Haldiram’s core product line includes Indian snacks like bhujia and
namkeens, it has diversified into more universally appealing products like
cookies, chips, and noodles. This has helped in expanding its reach
globally.
2. Innovative Packaging
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3. Digital Marketing and E-commerce Presence
● E-commerce Strategy:
● Restaurant Chains:
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● Festive Marketing:
6. Strategic Advertising
Haldiram’s has expanded into global markets such as the U.S., U.K., and
Canada. While they retain core Indian products, they also adapt offerings
to suit local tastes and preferences, ensuring brand relevance in foreign
markets.
● Diaspora Marketing:
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Haldiram’s emphasizes the quality and safety of its products, especially for
export markets, where it adheres to strict quality standards. This focus on
quality has contributed to high consumer trust and brand loyalty.
● Certifications:
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Suggestions:
Haldiram's, a leading Indian snacks and sweets brand, has adopted several
innovative marketing strategies to maintain its popularity and expand both
domestically and internationally.
Here are some of the strategies that have contributed to its success:
● Haldiram’s leans into its legacy and authenticity, often emphasizing the
brand’s roots in traditional Indian recipes. This appeals to both older
generations who seek nostalgia and younger ones drawn to authentic,
cultural experiences.
● The brand uses storytelling around its history, heritage, and quality to build
trust and establish a unique brand identity.
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4. Multi-Channel Distribution and Retail Expansion:
● With the rising demand for healthier snacking options, Haldiram’s has
introduced products with less oil, baked snacks, and options with natural
ingredients.
● Marketing campaigns often highlight the use of quality ingredients and
minimal preservatives, appealing to health-conscious and ingredient-aware
consumers.
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● The brand also creates interactive content like recipe ideas featuring
Haldiram’s products, engaging audiences through lifestyle-oriented
campaigns.
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REFERENCE
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Websites:
● https://en.wikipedia.org
● http://www.diva-portal.org/smash/get/diva2:22649/fulltext01.pdf
● http://gscen.shishamandal.org
Magazines:
● The Hitavada
● Times of India
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