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2.1.2) Akij Food and Beverage Ltd. (AFBL) : The market challenger
The market follower PRAN came in the energy drink market as the
follower. PRAN commercially launched its product in 2008. It’s
market share is approximately 1%. Brand from PRAN Foods Ltd is
“Pran Power”.
2.1.4) Osotspa Co. Ltd. :This company is working in Thailand & it’s
product is imported here by Eurydice & Eleftheria Ltd. It’s brand
name is “Shark”. It performs niche marketing & gained 4%
market share.
Royal Tiger
Speed
Pran Power
Shark
Figure: Market share of existing brands
Royal Tiger 24 2
Speed 24 2
Shark 24 2
Pran Power 24 2
Speed TV —
Shark TV —
Pran Power — —
Mentioned that export earnings from the Royal Tiger brand so far
stood at $18,500 out of total earnings of about $1 lakh. Now the
export order worth of $70,000 from Dubai and $25,000 from
Qatar are in their pocket. In the overseas market our brands are
competing with the international brand Red bull.
3.1: INTRODUCTION
Retailer’s responses
No. of Respondents: 40
week (pcs.)
Tiger 50
Speed 30
Shark 05
Power 03
Tiger 2 10
Speed 2 10
Shark 5.20 13
Power 2 10
Young 25 60
Teens 10 25
Adults (30+) 05 15
Refreshment 28 70
Recharged 08 20
Don’t know 04 10
week
7 pcs 08 20
4 pcs 12 30
1 pcs 20 50
Tiger 28 70
Speed 08 20
Shark 0 7.5
Power 0 2.5
Affordable 26 65
Unaffordable 12 30
No Comment 02 05
Yes 36 90
No 3 7.5
Advertising 24 60
Free Sampling 10 20
Price reduction 4 10
Bonus offer 2 5
Participants: 40 consumers
Tiger 28 70
Shark 4 10
Speed 7 17.5
Power 1 0.25
Tiger 26 65
Speed 10 25
Shark 3 7.5
Power 1 0.25
Product Quality 34 85
Price 4 10
Packaging 2 5
Reasonable 26 65
Unreasonable 12 30
No Comments 2 5
Satisfied 8 20
Dissatisfied 26 65
No Comment 6 1
Lemonade 22 55
Orange 12 30
Chemical 4 10
Don’t know 2 05
Channel i 16 40
NTV 10 25
ATN 08 20
BTV 02 05
Bangla vision 04 10
viii. Which media you prefer for the first time advertisement of
energy drink?
TV 16 40
Radio 08 20
Newspaper 12 30
Magazine 02 05
Others 02 05
Advertisement 10 25
Price reduction 06 15
Attractive Packaging 04 10
4.1 : Findings :
Major Findings:
Products taste, flavor & packaging play a vital role. All these
attract the consumers greatly & motivate them to consume the
brand.
The price of the existing brands – Royal Tiger, PRAN Power &
Speed (Plastic Bottle) is Tk. 20 except shark (Tk. 40). More than
Tk. 20 is not acceptable.
4.2 Recommendations:
The price for the plastic bottle (250ml) can be Tk. 20 and for
steel cane (300ml) Tk. 30.
4.3: Conclusion:
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