The production of tea increased by 10% and the Indian economy experienced an inflation of 5.24% in 2018; the average auction price for tea had been stagnant at Rs. 140 per kg since 2013. The existing auction system was built on an archaic technology and the auction rules were constraining the system. This was triggering the buyers to move away from the auction to private sales, and thus stifling price discovery. The Tea Board of India hired consultants to redesign the auction system based on the principles of design simplicity, ease of use, and sustainability. Three areas for auction design improvement related to the type, closure, and transparency of auctions, were identified. But would they have the desired effect? The case provides an opportunity for students to discuss if the proposed interventions will work from the lens of auction as a pricing mechanism. With increase in adoption of auctions from selling search words, ad-spaces, to surplus inventory, this case should be interesting for students intending to build different pricing/business models. It is also useful for students to understand the mechanism in order to improve the existing auction systems.
Maxim, headquartered at San Jose in California, was founded in 1983 by Jack Gifford and other professionals with experience in semiconductor design and sales. The company posted $2.47 billion in sales in 2011, with 9,300 employees, and 35,000 customers worldwide. Maxim had developed expertise in designing and manufacturing highly integrated analog and mixed-signal semiconductors. Maxim set up a technology design center in Bangalore in 2006. The Bangalore center had grown over the years and moved up the value chain in terms of contributing to technology design at Maxim. Gopal Krishna, Head of India Operations, had joined Maxim in 2009. In mid-2011, Gopal Krishna was contemplating the new context that Maxim faced in India. India had been a location that contributed to design in Maxim while now India as a market appeared increasingly attractive. As a first step towards exploring this opportunity, Gopal decided to engage with the marketing faculty at Indian Institute of Management Bangalore who decided to examine the medical diagnostics space in India for value exchange opportunities. Interviews were conducted with healthcare professionals. The management team had to identify attractive market opportunities and develop a strategic plan to enter the Indian medical diagnostics market.
Amable, a Bangalore-based children's education organization, was co-founded by Ratnesh and Aditi Mathur, a husband-wife duo who wanted to provide innovative education to children. Amable was started as Geniekids in 2002 at Indiranagar in Bangalore, which organized summer and weekend programs for children. Geniekids developed a Train The Trainer (TTT) program, which enabled a continuous stream of high quality faculty and also provided an additional revenue stream to the organization. By 2004, Geniekids had a critical mass of parents who were ready to enroll their children in a school based on Geniekids learning philosophy. Geniekids initiated full-time learning programs for pre-primary children; and by 2009, this was expanded to children in 6-14 years age group through Aarohi Life Education. Aarohi operated as a trust and Geniekids continued to operate as a for-profit organization. In 2013 Geniekids renamed itself as ''Amable'', which was derived from the words ''I am able''. The core team at Amable believed that children have the ability to learn from and for life, and therefore have the capacity to make choices on what, when, how, and how much they want to learn. Amable envisioned an ideal learning environment to be a place where the child chooses his/her goals (curriculum), paces him(her)self, and assesses him(her) self vis-Ã -vis his (her) goals. Amable had several programs, which enabled reaching out to children, parents, and teachers. Children's programs were designed to make learning a process of self-discovery. Other programs included TTT programs, parent counseling sessions, workshops for parents, etc. Changing demographics of Indiranagar had reduced the number of participants and Amable was actively looking at options such as conducting programs at residential complexes and company premises to increase its reach. Ratnesh and his team looked at the challenge of spreading ''organic education" in a sustainable manner.
This case traces the inception to rise of Telma, the flagship brand of Glenmark Pharmaceuticals, over its decade of existence. Telma based on the molecular formulation Telmisartan was introduced by Glenmark in 2003 at a time when the most preferred and market-leading molecule for treating hypertension was Ramipril. This case, not only showcases the brand-building programs undertaken by Glenmark through the life of Telma, but also traces the marketing efforts that go into creating a new category that would then go on to become the market leader. The case also introduces students to the evolving regulatory framework that has shaped pharmaceutical marketing practices of generics manufacturers in India since independence.
Onion prices have been particularly volatile in India, reaching an all-time high of Rs. 100 in the month of October 2013 in certain parts of the country. The core of the onion price problem appears to stem from massive hoarding by cartels of intermediaries. How can this be stopped? Are there deeper problems with India's agricultural policies that belie the onion market failures? Onion is an important commodity for Indians of all classes; it is also the one that has swung political fortunes in India. The state of affairs in the onion market is indicative of gaping policy holes in the Indian agricultural markets. As India gears for the national elections in 2014, there is heightened interest in policy manifestos of the competing political parties. A history of policy measures adopted by past governments of India and the effects of these measures are outlined in this case. The case provides a platform for students to discuss the appropriateness of various policy measures with respect to agricultural produce marketing in India.
The market for security solutions is highly fragmented with no dominant players in the market. Yash finds himself in a situation in which the Indian banking industry is just about waking up to the emerging threats of cyber security. In order to communicate the value that his products create, he will need to identify the value drivers in the banking space, calibrate this value, and come up with a pricing plan that can effectively capture this value. He will also need to make a plan to roll out his product, part of which involves identifying partners who will help make the commercialization a success.