Académique Documents
Professionnel Documents
Culture Documents
Submitted to
Mr. Jaffery
Submitted by
Sana Javed
Neheh Ali Mir
Khadija Nauman
Mehwish Jabeen
M.B.A. III -09
Over a thousand years later, Marco Polo returned to Italy from the Far East with a recipe that
closely resembled what is now called sherbet. Historians estimate that this recipe evolved into
ice cream sometime in the 16th century. England seems to have discovered ice cream at the same
time, or perhaps even earlier than the Italians. "Cream Ice," as it was called, appeared regularly
at the table of Charles I during the 17th century. France was introduced to similar frozen desserts
in 1553 by the Italian Catherine de Medici when she became the wife of Henry II of France. It
wasn't until 1660 that ice cream was made available to the general public. The Sicilian Procope
introduced a recipe blending milk, cream, butter and eggs at Caf Procope, the first cafe in Paris.
Until 1800, ice cream remained a rare and exotic dessert enjoyed mostly by the elite.
Wide availability of ice cream in the late 19th century led to new creations. In 1874, the
American soda fountain shop and the profession of the "soda jerk" emerged with the invention of
the ice cream soda. In response to religious criticism for eating "sinfully" rich ice cream sodas on
Sundays, ice cream merchants left out the carbonated water and invented the ice cream "Sunday"
in the late 1890's. The name was eventually changed to "sundae" to remove any connection with
the Sabbath.
The next ice cream craze with the 1904 Louisiana Purchase Exposition in Saint Louis. Charles
Menches was doing a lively business selling scoops of ice cream in dishes, all the way up to the
point that he ran out of dishes. Frustrated, but determined to still find a way to make a profit, he
lighted upon his friend Ernest Hamwi, who was selling a wafer-like cookie called zalabia (a
Syrian treat). The combination proved irrestible.
SCOOPZ
The company’s name is Scoopz Ltd. It is an ice cream manufacturing company. We are
providing quality ice cream which is healthy. It is a low calorie product which is sugar free and
fat free, especially targeting the people who are health conscious and diabetic.
Mission Statement
Setting new trends in the creamy world of ice creams.
Vision Statement
Scoopz Ltd. Company is based in Lahore. It is ice cream manufacturing company and an ice
cream parlor. These days the content of sweeteners in ice creams is leading to weight and health
issues among youth and adults. For this reason Ice Age is providing a yummy solution to the
ever increasing weight problems, thus reducing obesity. For this reason Ice Age will have greater
significance.
Manufacturing of all ice creams is done at its production site located on Ferozpur road, which is
then transported to the parlor located at MM Alam Road. Ice Age Ltd. is entering the Pakistani
market with an aim of establishing its brand as a necessity of the Pakistani buyers.
The company will follow a strategic positioning approach for the target market. Ice Age. has
kept into account the income and behavioral factor of the Pakistani buyers while designing the
products. It is important for the company to understand the consumer behavior before it goes
into such a market. Pakistani consumer will for the first time enjoy low calorie, healthy and
affordable ice cream in a variety of different flavors.
BUSINESS STRATEGY
The most important factor for success of Scoopz Ltd. brand is perception of the consumer and to
what extent it can build a positive image in the consumer’s mind. The intensity of the business
environment, the sustainable competitive advantage of a quality product will give it a strong base
to build the market. It is important for us to adopt a competent strategy for the Pakistani market
since it is composed of quality buyers as well as those who will buy for their family.
Product
Markets
Penetration Product expansion
The first growth vector involves gaining penetration with the existing product-market. Scoopz
attempts to attract customers from competitors through its strategic positioning and will establish
strong brand equity.
The second growth vector involves product expansion while staying in the current market.
Scoopz is offering a new product. It is aimed not only for the existing market but also for the
price conscious segment.
The third growth vector applies the same products to the new markets.
The fourth growth vector is to diversify into new product markets. We shall concentrate on the
second growth vector and study the strategy with respect to the Ice Cream market.
Concept is to make the product different from those of its competitor. When we look at the
Pakistani Ice Cream market we see that the leader’s Walls have constantly maintained its market
leadership by constantly differentiating on the basis of new flavors.
We will be coming up with line extensions with regular frequency. The only alternative for
Scoopz to survive in this industry will be to differentiate itself. This differentiation could be on
the basis of the marketing mix. Product, Promotion, Place.
INTERNAL ANALYSIS
According to the recent studies, most of the newly launched product or services fail due to
improper analysis of their internal and external needs.
A company should most effectively and efficiently take care of all the internal matters and
needs.
Since internal analysis is important and pricing is depended upon this analysis, Scoopz has taken
proper and fully effective steps in analyzing all the need and requirements of the company.
During internal analysis the promoter should take care of the following things:
• Power supply
• Labor requirement
• Work force
• Working capital
• Proper management
EXTERNAL ANALYSIS
CUSTOMER ANALYSIS
The Pakistani market with its vast size and demand base offers great opportunities to marketers.
People is Pakistan especially Lahore are very fond of eating rich and heavy food with proper
starters, main course and desserts. People have been spending a lot on dinning out and having a
fun place to go to. Late night outings and youth gatherings are very common trend in new
generation. People have craze to dig out new hang out places for fun and a unforgettable
experiences.
Thus Scoopz has decided to enter this market with the basic idea of tapping the upper middle
class which had established itself as a huge tapped market in the perception of a lot of national
and multinational players who were then trying for ages into the mature market.
INDIRECT COMPETITORS
Market Share
The market share of the players in the market needs to be studied to know which company is
in the booming stage and which company is in its closure stage. Also the advertisement and
promotional share needs to be studied. Thus, market share helps us know the current market
leader and market follower so that our company can develop an efficient marketing strategy
for its product range after analyzing the current market player’s position.
Strengths
• Catering niche market
• No side effects
• Less consumption of sugar
• Less consumption of fats
• Reduces chances of illness like diabetes
• Useful for health conscious people
• Taste with health
• Variety of flavors
Weaknesses
• Misconception about low calorie ice cream
• Less awareness among people regarding the product
• Heavy budget has to be allocated for promotion
Opportunities
• Introduction of new flavors
• Easy in achieving break even point
• Prices can be reduced in short run
• New product line ( ice cream cakes, bake alaska, ice cream shakes,cold coffee etc)
ENVIRONMENTAL ANALYSIS
Market research
Customer’s purchase decisions are based on perceptions about brands. They also keep on
changing with fashion, income and changes in lifestyle. Unlike industrial products, it is difficult
to differentiate products on technical or functional grounds. With increasing competition,
companies spend enormous sums on product launches. Market research and test marketing
become inevitable. The business rests on the two aspects that are brand equity and distribution
network.
Brand equity
The consumer's loyalty for a particular brand is due to the perception that the product has
distinctively superior and consistent quality, satisfies his/ her specific needs and provides better
value for money than other competing brands. We have to position our brand in the minds of the
Scoopz is a healthy ice cream parlor which targets the upper middle class and elite class.
Due to the variety of flavors and the specialty of being sugar free and fat free makes Scoopz Ice
Creams more popular among the fitness and health conscious people.
Scoopz targets the market where people are addicted to junk food. Scoopz provides them an
opportunity to satisfy their cravings while eating a healthy product.
Hence Scoopz targets the market where people from age group 3 years to 80 years can enjoy
their favorite ice cream without being conscious about their health issues.
SEGMENTATION
Segmentation variables
PRODUCT
Scoopz is a healthy ice cream parlor which brings to you a new generation of ice creams. Scoopz
is offering a wide range of low fat ice creams. Low fat ice creams contain only 3 grams of total
fat per serving. It is very beneficial for diabetics and people who wish to live a healthy life by
controlling their intake of fats and calories. Young people these days are becoming more diet
conscious, Scoopz is providing the right product for them.
Ice creams are made with skimmed milk, low fat cream, low fat yogurt and fruit sugar is used as
a substitute for regular cream and sugar. For some flavors artificial sweeteners are used to
maintain sweetness. Natural fruits are used as chunks and flavoring.
Other than ice creams, Scoopz is also providing a unique experience with its aesthetically
designed outlet. Exterior of the ice cream parlor is made in a standing penguin. The sitting
arrangement is in spiral form of three floors with a huge aquarium serving as a pillar for the
three floors. This unique idea of a huge penguin is definitely worth experiencing.
Scoopz ice cream is healthy and has no side effects as it is made from natural products and no
preservatives are added. Ice cream is a delight which is enjoyed in all seasons by all age groups.
Many people have a misconception about sugar free or fat free ice creams that they are not very
good in taste, but Scoopz is just like the normal ice creams available in the market. It is
especially developed with carefully researched recipes to develop the same taste as for full
cream ice creams.
We have used a combination of perceived value pricing strategy and markup pricing strategy.
Because we want to in cash the image which is built in the minds of the consumers due to the
health, low calorie and high quality associated with the product provided in a very attractive and
clean environment.
Price is set at Rs.75 per scoop and u can take as many scoops u wish…
After deep research and market survey it was found out that the company will meet its break
even point of production within 1 year of its expected sales of 50000 units per month.
The total investment on our project is Rs.1,062,000 Which comprises of our shared equity and
loans from some banks. Along with our shared equity, we have taken a loan of Rs.10,620,000
from MCB and NBP. These are only banks which are profitable these days and they are charging
a low interest rate on it.
Financial Plan
Project Fixed Cost (In Rupees)
Sources of machinery
The selection of machinery and equipments is one of the important decision, there are number of
Machinery Manufacturers but for this project the required machinery is locally available.
Breakeven Analysis
The graphic method of analysis helps in understanding the concept of the break-even point.
However, the break-even point is found faster and more accurately with the following formula:
Q = FC / (UP - VC)
where:
Q = Break-even Point, i.e., Units of production (Q),
FC = Fixed Costs,
VC = Variable Costs per Unit
UP = Unit Price
Break-Even Point
Scoopz Ltd will be establishing its business throughout Lahore but being an entirely new product
in the market will initially operate only on M.M.Alam Road till further expansion.
The purpose of opening our very first branch on M.M.Alam Road is that, nowadays, this road is
the centre of attraction for the lahori people…most of the well known restaurants and even one
of our competitors (marble stones) is situated in this street…also this road has become a status
symbol and so choosing this location will enhance our brand image as well.
PROMOTION
We are not only promoting our product we are promoting the experience with it. we are going to
sell the concept and the confidence that our product is the most reliable and our consumers can
trust us for providing them the best quality in a hygienic environment.
Tools of Advertisement
Our ads would be animated using the icon penguin as our subject.
2 Radio is the medium with the widest coverage. Studies have recently shown high levels
of exposure to radio broadcasting among our youth and it has a low cost but a fast way of
delivering a message.
3 Print Ads: Daily advertisements in leading newspapers and magazines will be used to
promote the product. Leaflets at the initial stage will be distributed at railway stations,
malls, college areas and various other locations.
4 Banners, neon signs: Hoardings, banners, neon signs will be displayed at clubs, discs,
outside theatres and shops to promote our range of flavors.
Sales Promotion
Apart from different advertising tools we are going to offer some interactive schemes for the
consumers will also be introduced which will make them feel as a part of Scoopz. e.g we can
ask them what other flavors they would like to have or which ones should be improved.
They can also be asked to suggest different combinations and given prizes on the best
suggestion.
Similarly they could also be asked to suggest names for some of the flavors and a prize could be
given to the selected one. These prizes needn't be very big just tokens to remind them that we
take our customers as our family.
Sampling would also be used to increase the sales of our products. We will target the shopping
malls like Pace, Mall of Lahore, City Towers etc to carry out our sampling.
Budget Allocation
We have allocated a budget of 7 crore for the promotion and a major portion of it would be
invested in TV ads and having a brand ambassador, which will account for almost 50 % of our
total budget.
We will invest about 10 % in radio ads and another 10% in print media. 20% can be invested in
Product Launch
We decided to launch the Soopz ice cream parlor in Lahore because people are more willing to
accept new concepts here as compared to other cities.
To promote our product which is entirely a new concept in the market we arranged an excellent
guest list. The guests invited on the launch were basically top role models, ramp models, best
doctors who promote healthy eating, film stars, high profile diabetations, health conscious
people on small as well as big screen of Bollywood and top gym owners.
All the guests were asked their opinions on the new concept of healthy eating. Their opinion was
a treasure for our company which would be help full during further expansion and customer
satisfaction.
Future Plans
Scoopz is an entirely new concept in the segment of frozen deserts; because of this reason the
management has decided that currently there would only be 1 outlet of the company's ice cream
parlor in Lahore. As the company progresses in 2-3 years the management has lots of plans
about the future expansion of the healthy eating concept through-out state, through-out the
In today’s world of ice creams, Hot Spot, Marble Stones and Gelato, etc are the leading ice
cream parlors in Lahore. Their combined sale figures through-out the month is about 150,000
units. Their advertising strategies, sales promotions, offers, etc are not on a continuous stretch
because these parlors are in the market for sometime.
Scoopz ice creams being on a starting stage will have good advertising strategies, sales
promotions and offers to attract more customers and to make them more familiar to our brand.
Due to our new technique of production and new concept, even after entering the market on
platform basis and investing more on the special inputs our cost nearly 15% more than the cost
of our competitors, but with the concept of healthy eating we accept our sales to be more than
our competitors.
Due to our special fat free and sugar free ice creams all age groups will be able to enjoy the same
old taste of ice creams but with a dash of health.