Project Title: Increasing Market Share of Qarshis Springley Water
Farwa Saif Fatima Saif Hamza Amanullah Iqra S. Adnan Nida-e-Fatima 16-09-2014
Springleys Inability to Gain Market Share Decision Objective What strategies could be adapted by Qarshi in order for its water brand (Springley) to become competitive in the PET bottled water market? Research Objectives The purpose of the research is to identify, appraise and possibly improvise Qarshis marketing strategies to promote its bottled water brand. Information Needs What is the relative market share of Springley? Why do consumers prefer the market leader over Springley? What do consumers look for when buying bottled water? The brand or the convenience of having bottled water easily available? How can customer recall be aided? Does being a spin-off from Qarshi, a homeopathic brand, affect the sales potential of Springley? How effective is Qarshis distribution network? (Availability, Placement, Credit Policies etc). What marketing strategy should Springley follow? I.e. differentiation making the brand offer a distinct value proposition or cost-leadership reaching economies of scale through mass-selling and under-cutting direct competitors. How can customer retention be achieved?