The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
New IMC Strategy Of Premier Cement
1. IMC Strategy Of
Premier Cement
SUBMITTED BY: JUGGERNAUT (GROUP: 10)
ARIF RAHMAN(48D ROLL- 07)
KAZI ALI TAMADDUN (48D ROLL- 45)
SADMAN PRODHAN (48D ROLL- 47)
M HISHAAM HOSSAIN (48D ROLL- 52)
SALMAN HOSSAIN KHAN (48D ROLL- 56)
2. Company Profile
Brand Name: Premier Cement
Inception: 12th March 2004
Production Capacity: 2.4 million tons
Market Share: 8%
Employees: 700+
Factory: West Muktarpur, Munshiganj
Product Type: 2
Product Name: OPC (Ordinary Portland Cement)
PPC(Portland Composite Cement)
Package: 50 Kg Bags
3. Product Offering
1. Ordinary Portland Cement (OPC):
Ordinary Portland cement Type-I is the most common type of
cement in general use around the world. It is a basic ingredient
of concrete, mortar, stucco and most non-specialty grout
cement. It is a fine powder produced by grinding clinker (95%),
a limited amount of Gypsum which controls the setting time.
2. Portland Composite Cement (PCC):
It is the most common type of cement used in Bangladesh
which consists of Clinker, Slag, PFA (Pulverized Fly Ash), Gypsum,
and Limestone.
5. Current MC of Premier
Cement
1. Media Advertising:
Newspaper
Magazine
TVC
Promotions
2. Direct Response Advertisement:
Email
Telemarketing
Fax-mail
6. Current MC of Premier
Cement
3. Outdoor Advertising:
Billboards
Wall Paintings
Shop Paints
Posters
7. Some Advertising Tools of
Premier Cement
Newspaper
TV & Radio
Billboards
Direct mail
National, Local, press
release
Ad making, Airing, Radio
foorti, Bd Betar
Billboard, Shop
signboards, wall
painting, show piece
Real State, yellow
pages, mail to
corporate customers
9. Total Advertising Tool used
by Premier Cement
1. Consumer Promotion:
Credit facility for Distributor
Short term incentive for consumer at dull season
Gifts to Retailer and Distributor
2. Trade Promotion:
Eid 2 Eid offer for Retailer based on sales
Yearly Dealer conference at 5 star hotel with gifts
10. Total Advertising Tool used
by Premier Cement
3. Publicity or Public Relation:
Brochures, Leaflets, Banners, Festoons
T-shirt, Umbrella, Dinner set, notebook, mug, pad for
company representatives
Regular meeting of Engineers, Masons, Dealers
Workshop on House building
4. Sponsorship and Event Marketing:
11. Total Advertising Tool used by Premier
Cement
4. Sponsorship and Event Marketing:
Cultural programs like 100 year of teachers training college
International Mother language day program, Dhaka University
Sponsorship of Sylhet Royals team of BPL tournament
12. Total Sales promotion and
Public Relation
Consumer
Promotion
Trade
Promotion
Events
Personal
Selling
• Contest, Awards &
corporate Promotion
• Test Fee For BUET
and other test
Yearly gifts for
Distributor, Tour,
yearly conference,
Trade shows
• Mezban for Distributor/
Retailer
• Cultural program
sponsoring
• Masons Workshop
• Entertainment, Direct
mail, Exclusive gifts
• Greetings, Foreign
Tours
13. IMC Strategy Development
at Premier Cement
1. Indentify the target customers:
Customer Base may be
Retail Customer
Corporate Customer
Government
Offers are of two types
General Customer (Cash ++ offer)
Retailer (Eid 2 Eid offer)
14. IMC Strategy Development
at Premier Cement
2. Designing the Communication:
Ad Agencies working on designing communication:
Biborton
Jara
Panshi etc
3. Communication Channel:
Media
Sales promotion
Public relation
Events
15. IMC Strategy Development
at Premier Cement
4. Setting Communication Budget:
Promotion Budget of 2012-13
31%
36%
28%
1% 3%
1% %
Sales Promotion
Advertising
Public Relation
Consultancy Fee
Personal Selling
Others
Source: http://www.premiercement.com/downloads.html
16. IMC Strategy Development
at Premier Cement
5. Managing Integrated Marketing Communication:
The Company does the following
Evaluation after each promotion campaign
Control and combination of communication
discipline
Ensuring clarity, consistency and maximum
impact of message
Analyzing the trends
Appointing marketing consultant to monitor
promotional programs
17. Online and Social Media
Well structured website but all pages are not equally developed
Some pages with broken links which needs to develop
18. Online and Social Media
Media center is the library of all media communication but
the content of the page are yet to be completed
19. Online and Social Media
Facebook fan page is not managed properly
No sharing of contents and fan numbers also
unsatisfactory
20. Execution of Brand
Marketing Program
1. Choosing Brand Element:
Brand Name
Logo
Packaging
Company Slogan
During offer period the offers and prizes
2. Integrating Brand into Marketing Activities:
Use of Brand tools like brochures, leaflets, stickers, company diary in
Sales promotion and Trade promotion
Mezban, Dealer/Retailer meeting, workshop etc
Developing Brand Equity among stakeholders
21. Execution of Brand
Marketing Program
3. Leveraging Secondary Association:
The company can associate with some other Brand so
that they can create Brand Equity for themselves
They are doing Sponsorship, Event Marketing and CSR
activities to leverage association for the brand
22. Managing and Evaluating
IMC Programs
Assessment of the collective impact of an IMC program is very
important. This can be done by evaluating the following
points:
Coverage
Contribution
Commonality
Complementarities
Versatility
Cost
23. Conclusion
Premier Cement is trying to establish a strong network with
their customers and associates all over the country to stay
in the long run in the cement industry
To do so the company have to think about their IMC
program not in a conventional way but in a contemporary
way to stand out in competition
Premier Cement is still new in the industry and they are
gaining the momentum day by day
There is a good opportunity ahead for the company to
establish their brand and become the ultimate Brand in
the market