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Table of Contents
Part 1:
Acknowledgement
Introduction of Sitara Textile(pvt) LTD
Part 2
How does firm analyse and understand the buying
behavior of major clients. (buying behavior in this
market)
Part 3
What specific relationship management practices does
the firm employee to manage relationship with its
clients.(relationship management)
Part 4
What is overall market situation in this industry and
what specific marketing strategies does the firm
employee to compete in the industry.(Marketing
strategies)
Part 5
Recommendations
Acknowledgement
First of all we are thankful to ALMIGHTY ALLAH for His
blessings upon us in the completion of this task. We are highly
thankful to our honorable teacher particularly for his able
guidance and support.
Textile
A Latin word, originated from texere, it means "to weave". A Textile was originally
a woven fabric, but the terms Textile and the plural Textiles are now also applied to
fibers, filaments and yarns. Natural and manufactured, and most products for
which these are a principal raw material .Textile also refers to the yarns, threads
and wools that can be spun, woven, tufted, tied and otherwise used to manufacture
cloth. The production of Textiles is an ancient art, whose speed and scale of
production has been altered almost beyond recognition by mass-production and the
introduction of modern manufacturing techniques. An ancient roman weaver would
have no problem recognizing a plain weave, twill, or satin. Descriptive of Textiles
as defined above and of the raw materials, processes, machinery, the manufacture,
of Textile products are components of Textile industry.
Introduction:
Sitara Textile industries LTD is the business unit of Sitara group of companies
which is most strong business group of Pakistan. Sitara group entered into
Pakistani business market in 1956 by entering Textile weaving of Pakistan. This
group was founded by two brothers Abdul Ghafoor (Late) and Haji Bashir Ahmed.
Sitara group of companies has got several business projects:
Commercial projects
Sitara Textiles Industries Ltd.
Sitara Chemicals Industries Ltd,
Sitara Energy Ltd,
Sitara Fabrics
Sitara Chemical(Spinning Units 1&2)
Sitara Peroxide Ltd.
History:
Sitara Textile came into being in 1959 with limited financial resources
available. At the moment Sitara Group is the leading industrial group in
Vision
An honest approach in dealing within the organization and with Customers,
Vendors and related agencies.
Companys specializations:
Sitara Textile specializes in producing high class Fabric products made of superior
quality materials & possesses state-of-the-art production facilities in made-ups and
fabrics for various consumer needs. The company makes use of the latest
technology & equipment to make sure that each product is original in style and
shows exquisite craftsmanship. Sitara is a company that believes in originality as
character & quality as foundation. The entrepreneurial spirit of the company
assiduously seeks constant development, steady progress & outstanding
performance.
17% of the revenue comes from exports then main thing is on time delivery and
quality to wins the trust of their corporate customers and company does the same.
Many of other well knows firms like chen one and other textiles they failed to win
the customers trust because of electricity problems and other issue related to
Pakistan economy but to overcome this Sitara Textile produce their own electricity.
Marketing Activities
Company performs its marketing from different sources for its products. Basically
company focuses on costumer orientation approach and gives great value to
customers and their satisfaction.
As being a larger group of Pakistan Company does not use marketing for its
product as much whereas marketing helps organization to build strong, favorable
image in the minds of customer.
CMMUNICATION
GOODS
MARKET
Industry
REVENUE
FEED BACK
TV Adverts:
Company uses this tool of marketing as main tool for it and provides
adverts in different TV channels for its ready to wear brands of cotton/fabric for
men& women.
Fashion magazines:
Sitara Textile also gives information about its product in different
fashion magazines to attract the costumers.
Free sampling:
Company uses one very good technique for its international costumers
that it sends the free samples of different product to costumers so that they
could check the quality of the product.
Fashion shows:
Company also organizes fashion shows in which its products are
consumed and people come to know about them.
But being the oldest group of Pakistan Sitara Textile must increase the number of
marketing activities and should brought different tools of marketing into practices.
Recommendations
The main thing I seen in the Sitara Textile is that they think that they are the
largest industry in Pakistan and dont have much need to market their products
but according to me this is will gives them bad impact because marketing is
core thing in any kind of business.
Company could use its website as its marketing tool by providing online
customer service, by taking applications for free sample online through its
website.
Vertical integration (backward/forward) does not exist in the company, if
company plans to have vertical integration so it can give a competitive edge
over competitors.
Company should participate in different trade exhibitions around the glob.