How Pidilite's STRATEGY made it a GOLDMINE stock giving 14,000% returns? : Business Case Study
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- čas přidán 31. 05. 2024
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VIDEO INTRODUCTION:
Balvant Parekh was one of the first-generation entrepreneurs of post-independence India, who contributed to strengthening the economic condition after independence. Today Balvant Parekh's company, which was founded in 1959, has a billion-dollar turnover annually. But Parekh’s initial journey of building the Pidilite Industries was, however, fraught with struggles and hardships. Today, we learn about the journey of a man who came from a humble background but went on to become the 45th richest Indian according to the Forbes list of 2013. How Pidilite's genius Business Strategy made Fevicol a memorable brand.
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#thinkschool #Fevicol #Pidilite #fevicolkajod #Mazboodjod
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The best part is, fevicol is not just for carpenters, even consumers like us think of only fevicol when it comes to glue (specially reminds of school projects 😅).
Not to forget feviquick!
@@akshayjuneja1987 also a reminder of the old days,when we broke the stuffs and feviquick handles it
True
Ya 😂
I am a teacher for MBA coaching exams...can't stop myself from writing this comment...your presentation skills is insane..very apt case studies...keep the good work going..this is much needed for the youth today...Hats off!!!
Thank you so much. Means alot coming from you
I have seen similar presentation on some other you tube channel with exact same content few month back.
@@ravindra4642 link?
@@ravindra4642 no u a hater
@@swapniljadhav5249 how tf is that a hate comment
My dad bought 8000 shares in 1995 and we still holds it. Sad that he passed away few years back and gave that fortune to the next generation. We are still holding those shares(goldmine shares). Thanks Dad.
Your dad must be a visionary type of person.
How much doest it worth today?
Very rich
1.84 crores
Actually truth, when We made furnitures for your house, the carpenter told he will only work if we provide fevicol. Or he will not take any responsibility for the product .. this is called monopoly 🙏🏻
Fevicol ads have a different fan base,
Their ads are as good as their products,
"Biyah karaye ya na karaye,sofa banaye to isse banaye"😂
Nostalgia ❤️
Meri photo ko sine se yaar chipkale jara fevikol se
I was helping in my friend's assignment who is persuing business analytics in Canada and surprisingly I know all the answer.. infact better than him in some aspects thank you Ganesh Prasad for explaining such complicated thing in very easy manner
@@mathoola719 yeah and fun fact our education is much more harder then them but the only downside we have is that they have much more industrial experience as workshop nd seminars in college itself
@@kushkothari7056 Are you starting a AaaS business(Assignment as a Service:) ? I have lots of jobs for you
Good luck dude :)
Is mba in business analytics a good career option if the person does not have any programming language?
@@madhavsuresh2136 yup it's a booming field but in order to sustain in job field and to have promotion you need to have some programing skills at least some basic like database (DBMS), And and some tools like tableu and powerbi
Thanks bro for your feedback. Im planning to do masters in U. K and i had this fear factor in my mind that im spending huge amount of money for studying and would i be able to complete this course without an. I. T background
Now they bought Araldite brand last year, the major competitor in adhesives, which allowed them to ensure superiority and after Araldite take over they increased price of all adhesives 20/30% , now they getting more profit with less competition.
We want you to get more likes than the bot who steals peoples comments
@@snooker6165 so now comment's also an intellectual property ? 🙄
So they have monopolized this business
@@vishwanathasharma1409 Asian paints is diversified to adhesives too, they now have allmost kind of adhesives pidilite have, ASTRAL is competing in mseal segment, ACC and ultratech competing in water proofing segment, still its not easy to grab the customer base pidilite have
They also bought falcon!!
What you said at 8:02 is absolutely correct because I recently asked a carpenter to make some tables and chair and I brought the material but I brought the wrong glue (some local one) the carpenter refused and said the glue is very bad and asked to get it returned and bring fevicol .
My father works at Pidilite R&D. Nice to see Think School making a case study on it😁
Nice 😊 name bro
Your name is "Randi Bacha" . Apne baap se kuch seekh saale
@@snooker6165 😂😂😂😂😂
@@surajkarkera3595 I was thinking the same😂😂
@@isarali5634 🤣🤣
Didn't knew Pidilite being an Indian Company till I watched this, Great quality and Exposure...
The host is an excellent communicator, I love watching him explain these case studies in detail and but in a clear simple manner. Keep going!!
nice case analysis,Fevicol is now synonymous with adhesive,like xerox for a photo copier
Hello Ganesh.Firstly congrats on 1M subs. Your team rightfully deserved it.But one suggestion as u know women's day is coming.U can cover on following women entrepreneurs because we want to know more about female entrepreneurs such as
1.Simone Tata
2.Sumati Morarji
3.Anu Aga
4.Parle(Chauhan) and Reddy Sisters
5.Ghazal Alagh
6.Vineeta Singh
7.Kiran Mazumdar Shaw and many more
Ok brother
Gender doesn't matter for entrepreneurs.
I accept that gender is not an issue.I just told that we want to see more about women entrepreneurs as think school has done on lijjat papad and nykaa.I requested for similar case studies because the names I mentioned in the comment deserve a case study on their strategies
No need to force,let's just choose strategy. Of we select based on identity then useless.
Success of strategy doesn't depend on gender so if strategy is good then they'll get covered inevitably
The thing is they have penetrated so deeply in our minds that even when we go to shops we won't be asking Glue/Adhesive we will say give me 'Fevicol'
Yes, i observed this. Carpenters never accept other adhesive they prefer Fevicol only :-)
*Now Should Be The Best Time To Buy And Trade On Bitcoin Because Currently The Profits Are Good And Up To A Standard Rate*
True. What about DODGE? Surely that gets in there too for diversification haha
I like to leverage 600/400 since I am young i can take some calculated risk. But I have about 19% of my portfolio in uranium bitcoin any advice on any other cryptocurrency that I can grow my $390k capital to a million dollars ?
Just shove it into CRYPTO you will be wealthy in the long run
.
investing in crypto now shouId be in every individuaIs Iist, in some months time you'II be ecstatic with the decision you made today.
Am investing in crypto now........the dip is a clear sign for new investors to come in✅✅
Hi Ganesh, you are teaching me a lot more than what I learnt from my MBA😅😅 Please remember to share the literature references at the end of video for each case study so that we can explore more from them..
Holding pidilite from 350 rs❤️
I am from a small village in Punjab called Mundi Kharar. I still remember, my dad giving a Rs. 20 fevicol bottle for free if someone purchased everything else required to get their Auto-rickshaw's seats repaired. Coming up with different packing sizes for different requirements and also just like maggi having super cheap smaller packings to penetrate the lower pay stub market was also key.
For me it's all about the quality of the product, and Pidilite ensures that. Marketing, good designing, everything helps the product come across customers but only the best quality will them keep coming back for it.
Bro your Videos are not only Educational...But they give so much positivity.... Thank you so much❤🙏
@Think School is getting better and better every day. We are also content creators and that's why we know how much effort is needed to make such kinds of videos and we really appreciate your effort. Thank you for providing such valuable, high-quality content.
never thought the Ansoff matrix could be explained in such an interesting way!
Being a student this case study has helped me to understand some concepts related to ansoffs matrix !!!!!! thank you so much!!!!! CAN you PLEASE make a video on SWOT analysis case study please!!!!
The quality of pedilite products is extremely worth for money
I am a Pidilite share holder and this video gives me confidence that after the bearish market ends it will rise again ...
:D
I feel glued with your channel
I'm in love with your research and presentation.
As a management student your videos are really helpful to understand marketing in a better way.. compared to my clg marketing classes.
I am a teacher, today I pasted Class-routines in my class wall using Fevical glue(small tube)....
Whether it's a paper or wood, l really love and trust Fevical❤️❤️❤️❤️👍👍👍👍👍
The way you put your opinion regarding the company, is unmatched. Thanks such a great vdo.
Fevicol played a key role in our school life for making the projects 😌 ❤️❤️
i love your videos.. so clean and clear messaging.. keep shooting for the stars.
Thanks friend for posting this video- I love that you referred to the "empathy" Pidilite had for the carpenters. Normally this word is not used in the context of any business. I , however, believe , that without empathy one cannot make much progress in 21st century!
Good one sir. We need more such videos on Indian companies where they made a difference to common man and thereby to the nation.
Great research and studies watching and loving all your videos
your lessons are awesome, highly informative. Great job...
Love your videos and research man. Keep it up👍🏽
Superb case study man....keep it up. Loved it.👌👍🏻👏
GOOD BRO, I am a science student and when I stumbled across your video I thought it was a success story type of video but I was surprised that it was a case study for MBA students and the video was awesome and it was very easy to understand the concepts. Thanks for the video
Love your case studies. Such made in india brands dominating global arena are testament to the business acumen of the entrepreneurs in our country. If you could also do a case study on hospitality branding(Taj Hotels or ITC) it would be great.
Loved the explanation using Ansoff’s Matrix. Pidilite’s strategy to directly deal with the carpenter warehouses was a game-changer for them. It became an opportunity to connect well with the carpenters and convince them to switch to their products.
It was a refresher and a better way of understanding the Ansoff Matrix
so well explained and organized , as always
Present buddy ❤️
Loved it ❤️
Thank you so much for your efforts ❤️
Ye Dil Maange More ❤️
This channel never disappoints. Superb video, well explained 👌
you are great . youth needs these kind of discussion
Thank you again for the beautiful CSt Mr. Ganesh Prasad #Thinkschool Jai ho ♥️🙏🏿🙋🏿
This is one of your best ❤
The clever explanation from sir ❤️ Well understood
Thank you for creating such a wonderful content. Just loved it 🙂
You are just the best in what you do..
What an Enlightening video ! 🔥Interesting!
Great video that explains the core principles of well-run businesses that all others could follow. I wish I knew the names of the Pidilite executives who contributed to this growth. Such visionary people should receive greater recognition.
One Day, we'll see a Think School Case Study
Thank you so much for this video !!!!
Awesome dude... One thing you could have added is school/stationary products
I m proud of this organization I d worked for.
Superb content ..thank you for sharing with us
Fevicol is a household name. As explained, they had gone through product and market development in a methodical way.
Their brand recall is significant. All this can come only from good management and employee dedication.
You may throw light on their management strategy and not just marketing to appreciate what goes in the minds of the entrepreneur.
Excellent 👌 presentation and powerful analysis Ganesh Ji. Thank you ❤️
Best as think school always do thanks to our teacher and his team
Always learn something from your video keep it up 👍
Thank you. Nice one .
I'm glued to this you tube channel
Another great video as usual 👍
Think School now has 1M students! Congrats ✌️🥳🥳🥳
Excellent just excellent case study.👍👍👍👍
Thanks for your Analysis
thanks for such amazing video plzz make a video on the failed marketing ads by the brands
Am from Surat, Gujarat
And an owner for of an shop,
Really appreciate these video
One of the best channels for case study 😊
Big fan of your case studies .. 👍👍👍
Your videos have always been super insightful & have helped me gain a better idea about analysis. However, it would be great if you could also show us how you go about research? Like what are the aspects for conducting an in depth research?
Nicely explained as always 👌
I know brand plugin is important but I missed the #ThinkSchool outro @Ganesh @Parsh
that tune is just like the dessert to an as always delicious main course!
👍 so much futuristic even I love fevicol too for small needs and fevicol ads are very close to Indian believe system
First time on your channel and trust me I am impressed 🙏
People with exceptional foresight.
Very good analysis
Thanks
excellent case study.
Great Analysis -Chennai
Fantastic and inspiring success story.
Great Information nice video and edits
Great vid as usual
GREAT CASE STUDY❣️✨
Great video 🔥🔥
Nicely explained ☺️👍
Amazing content 🙏
Pidilite also acquired Araldite from
huntsman last year
Great content... looking forward to see case study on BATA shoes
Congratulations for 1M
Congratulations for 1million subscribers ganesh ♥️♥️♥️
It is always insane to see a company remaining the market leader in a particular segment of products for such a long time.
Only source of understanding case studies!
Very good informative video
Superb video.
Do a case study on man matters .......they are doing very well ...... men have been ignored since a long .
....... they are making men to realise that we have to take care of our selves .... 🙏 i think this investigation journey will be an interesting one .
Goodluck on all
Awesome as usual. Please do a case study on Marico too.