Professional Documents
Culture Documents
We would like to take the opportunity to express my sincere thanks to Mr. Maidul Islam,
the Brand officer of Mojo, for his ever-remembering nice and friendly co-operation,
which proved helpful for us. Without his help, it would be quite impossible to complete
this report.
We are grateful to all the employees of marketing department of Akij Group for giving us
this opportunity to conveying this report and he has also given us a very clear concept
about how to work on this report.
EXECUTIVE SUMMERY
This report attempts to study the Integrated Marketing Communication for a
particular cola brand, MOJO. It is brand of Akij Food and Beverage Ltd., a sister concern
of prominent group of companies of Bangladesh, Akij Group. In the year 2007 MOJO
was the market challenger in Bangladeshi cola market with a sales of about 52 crores
BDT. The brand was launched in 14th April, 2005 targeting the youth of Bangladesh who
like the Bangladeshi trends. All those years MOJO is doing satisfactory in the market
place and competing well with RC Cola. The report survey says, the total consumers’
attitude toward RC Cola is 54.65 & MOJO Cola is 55.78. (Here less signifies positive).
People prefer MOJO’s pricing but it has to improve its image in status and quality issues.
Unfortunately, MOJO is lagging behind due to inadequate communication of its brand
elements like slogan, name’s meaning etc. It has also failed to communicate its own
positioning to the target consumers. However, still now MOJO has the chance to recover
its own position because about 70% of the target customers (according to the survey
result) are potential and have not constructed their belief structure for MOJO. For some
particular aspects of consumer behavior such as perception, attitude, self-orientation and
life style etc, this report has found out some drawbacks and recommended some affective
strategies to recover those issues successfully.
There are various types of drink. Mojo is the brand name of cola, Lemu is the brand name of Lemon
and Speed is the brand name of energy drink. Immediately after the introduction of the brand it
became very popular among its consumer because of the high quality and intensive distribution in
every nook and corner of the country.
Checky Monkey is the brand name of banana chips produced from this factory. It also is becoming
popular chips in Bangladesh.
Most of our Raw materials come from various foreign countries. The quality is very strictly
controlled. At every stage, non standard products are rejected.
Limitations:
The major limitation while preparing this report was the lack of adequate time; as a result
the report lacks some information. Due to clash of class schedules the coordination of the
researchers was hampered. Some information was not disclosed by the organization
personnel as they regarded them as confidential. Because when we were showing
curiosity about more information of the company then they said us that due to privacy
factor, we can not share information to you.
4.2 COMPETITION
Soft drink market always offer high level of competition among companies. As because
soft drink is a fast moving consumer good and its demand always fluctuate based on
several reasons. It included the degree of competition and intensity of competition. So in
that case both the degree and intensity of competition are very high for Mojo. Because
the market it was operating was already touched by big companies such as Coke, Pepsi,
7-up and others old soft drink companies. Now these big companies are consider Mojo,
as a voracious competitor in the market. So it’s good news for Mojo that competitors are
thinking about Mojo consciously. It is because Mojo has already grabbed huge market
share.
Apart from that MOJO has strong local competitors. At present the highest market share
for cola is acquired by Rc cola, which is having more than 30% of the total market share.
Mojo is standing next to Rc cola with a very short margin. Mojo believes that they have
the strong distribution power, creative marketers, financial power and quality to grab
competitions market share as well as increase their own selling. We saw there hard work.
Before preparing the term paper we made a market survey and we saw that in every
popular market of Dhaka city, wholesalers are very active and demand is very high.
4.3 DISTRIBUTION
The strongest point of MOJO is their intensive distribution channel. They make this thing
possible because Akij Group of industries especially their beverage sector has a profound
logistic and supply chain management system. So they can easily go to door to door of
their target consumers. They believe that delivering products to consumer hands is not
sufficient or convenient enough that is why for near future betterment they are trying to
develop their distribution channel in such manner that they can easily make their
potential customer in to actual customer. And we must say that the dealer of a particular
territory is really expert and the do their job on the time.
9.0CONTROLS
Just like all other companies Mojo is also very much concern about controlling their
monetary and operating cost. That is why every month Mojo conduct Quality assurance
survey, Sales figure monitoring, Feedback from Retailers and Sales force not only by
their employees but also by students from different universities by offering exclusive
incentives and gift items. They evaluate their inventory, quality, acceptance of Mojo from
different perspectives. By keep checking these things Mojo can stay in the market by not
only minimizing their cost and expense by also maximizing their revenue and profits. We
know its very much time consuming and expense become high, but to know the current
situation the company must do it.
Akij group of industries not only concern about increasing their sales, capture market
share and gaining profit but also concern to do something for the social betterment.
Through out their campaign Mojo has always been the pioneer in order to come across to
help old, orphanage and homeless street children. The Group has been running a
considerable orphanage free of charge in district town. The Group has also acquired a
modern mother & children hospital previously owned by Save the Children (UK). The
hospital is being operated as a non-profitable concern by Ad-Din Welfare Trust.
11.0 RECOMMENDATION
1. Basically Mojo’s campaigns and outdoor activities focus on Urban and sub-urban
people more than rural peoples. Though their target market is young generation
from all sides of our country but in case of staying in the competitive market they
bound to focuses more on cities. But they must remember that the rural market is
not small. Because if all the competitors can focus on the rural market then why
not Mojo.
2. Mojo has only one classy jingle so far and still being in the market for years they
are late to come up with something new in terms of making creative ad. But in the
course of Integrated Marketing Communication, we learnt that advertise must be
changed day by day.
Through out our campaign, outdoor activities and TVC we have tried to build a new look
and image for MOJO.
12.0 CONCLUSION
MOJO has always been concerned to grab the attention of the young generation. They
always use fun, laughter, joy, humor in their advertisements. In our TVC we didn’t go
against the conventional MOJO ads but at the same time we introduced a new way of
grabbing the attention of people of different segments. We have connected MOJO with
all sorts of celebration and joyful events. After finishing this report we hope that we have
succeed to portray a study on Promotional Success/failure of “MOJO’