In 2018, Swagat Textiles (Swagat), a traditional family-owned textile business in Gujarat, India, was looking for growth amidst several challenges. Since 2017, the market for Swagat’s traditional products is shrinking—the younger generation preferred to wear Western casual clothes for daily use and traditional clothes only for special occasions. Additionally, branded competition from online and offline stores had increased, and there were concerns about possible fragmentation of the family business as more members from the next generation planned join the firm. A family member who was about to complete his master of business administration degree was asked to evaluate a proposal about moving into digital printing. He needed to address all of these problems while searching for the next big growth opportunities for the company.
In 2018, Swagat Textiles (Swagat), a traditional family-owned textile business in Gujarat, India, was looking for growth amidst several challenges. Since 2017, the market for Swagat's traditional products is shrinking-the younger generation preferred to wear Western casual clothes for daily use and traditional clothes only for special occasions. Additionally, branded competition from online and offline stores had increased, and there were concerns about possible fragmentation of the family business as more members from the next generation planned join the firm. A family member who was about to complete his master of business administration degree was asked to evaluate a proposal about moving into digital printing. He needed to address all of these problems while searching for the next big growth opportunities for the company.
Hygiene and You, an Indian entrepreneurial venture, retailed sustainable menstrual products such as menstrual cups and cloth pads. In December 2017, the business was not making profits because of slow growth and increasing competition in the sustainable menstrual product industry. Menstruation was a taboo topic in India and associated with deep-seated socio-cultural beliefs that severely inhibited marketing communication. In India, 88 per cent of menstruating women still used unhygienic menstrual products, and the Indian government actively promoted disposable sanitary napkins to encourage women to shift to a hygienic alternative. The company's founder had to decide on expansion strategies to make the business profitable while passionately advocating sustainable menstruation practices.
Hygiene and You, an Indian entrepreneurial venture, retailed sustainable menstrual products such as menstrual cups and cloth pads. In December 2017, the business was not making profits because of slow growth and increasing competition in the sustainable menstrual product industry. Menstruation was a taboo topic in India and associated with deep-seated socio-cultural beliefs that severely inhibited marketing communication. In India, 88 per cent of menstruating women still used unhygienic menstrual products, and the Indian government actively promoted disposable sanitary napkins to encourage women to shift to a hygienic alternative. The company’s founder had to decide on expansion strategies to make the business profitable while passionately advocating sustainable menstruation practices.
Incorporated in 2012, Mukunda Foods Private Limited (Mukunda) was an Indian robotics company that focused on innovative, internet-enabled smart devices for use in home and industrial kitchens. These devices could be controlled with a smartphone application. Mukunda started as the manufacturer of the DosaMatic, an automatic tabletop machine that made dosas (a popular Indian food). The machine was targeted at the industrial market. Mukunda’s chief executive officer had to design the marketing strategy for the April 2016 launch of the company’s range of ready-made batters aimed at the consumer market. Subsequently, the company planned to launch the consumer version of its DosaMatic machine. The chief executive officer was aware that the consumer market posed challenges different from the industrial market in terms of product and branding decisions, pricing, promotion, and distribution. He also knew that as a start-up, Mukunda could not match larger competitors in their distribution and promotional spending, especially given that Mukunda was simultaneously developing several new products (such as automated roti- and curry-making machines), which required consistent investments in research and development. What was the best strategy for Mukunda’s unique circumstances?
Incorporated in 2012, Mukunda Foods Private Limited (Mukunda) was an Indian robotics company that focused on innovative, internet-enabled smart devices for use in home and industrial kitchens. These devices could be controlled with a smartphone application. Mukunda started as the manufacturer of the DosaMatic, an automatic tabletop machine that made dosas (a popular Indian food). The machine was targeted at the industrial market. Mukunda's chief executive officer had to design the marketing strategy for the April 2016 launch of the company's range of ready-made batters aimed at the consumer market. Subsequently, the company planned to launch the consumer version of its DosaMatic machine. The chief executive officer was aware that the consumer market posed challenges different from the industrial market in terms of product and branding decisions, pricing, promotion, and distribution. He also knew that as a start-up, Mukunda could not match larger competitors in their distribution and promotional spending, especially given that Mukunda was simultaneously developing several new products (such as automated roti- and curry-making machines), which required consistent investments in research and development. What was the best strategy for Mukunda's unique circumstances?