Question

Ayush and Rhea were passionate about sustainable agriculture and healthy living. They wanted to start a business selling organic produce. They had a small farm in a rural area where they began growing fresh organic produce and herbs. 

In the beginning, they faced challenges in marketing their organic products. They realized that their high quality produce needed better presentation and a strong identity to stand out in a competitive market.

They named the business ‘Earthy Store’ which indicated the products’ benefits and qualities and reflected the values of the business sustainablility and health. They chose a ‘logo’ that incorporated elements of nature and used earthy colours to convey their organic commitment. They designed and developed eco-friendly biodegradable bags and reusable containers to courier their products to the customers. They also added personal touch by including handwritten notes in each bag.

They also designed and developed product stickers with detailed information about organic certification, nutritional benefits, date of manufacture, date of expiry, etc. The stickers so developed were put on the bags and reusable containers for customers convenience.

‘Earthy Store’ created a user-friendly website and established strong media presence to inform potential customers about their products and persuading them to buy the same. Within a couple of months, they had built a loyal customer base which made them earn profits even in a competitive environment. In a year, they were able to secure contracts with local grocery stores and restaurants.

Quoting lines from the above paragraph, identify and explain the three functions of marketing discussed in the above case.

Answer 1

According to the paragraph's lines, the marketing functions that are discussed here are as follows:

1. They realised that ................. competitive market.
   Marketing planning: The process of creating strategies to accomplish marketing goals is known as marketing planning. Setting objectives, determining target markets, assessing the market, and selecting the marketing mix (product, price, place, and promotion) are all part of it. A company's marketing operations can be guided and linked with its overall business strategy with the help of a well-thought-out marketing plan.
2. They named ................ the organic commitment.
   Branding: Developing a distinctive name, symbol, or design that distinguishes and sets a product apart from competitors is known as branding. It creates consumer loyalty, trust, and recognition. A competitive edge and consumer preferences can be influenced by a strong brand image.
3. They designed ................ customer convenience.
   Packaging and Labelling: Packaging is creating a product's container or wrapper. It protects, informs, and promotes the product. Effective packaging may draw attention, convey the brand's message, and improve consumer satisfaction. Labelling involves adding tags, descriptions, or information to product packaging. It lists the product name, ingredients, usage instructions, expiration date, and warnings. Product labelling informs consumers and ensures legal compliance.