Brands are embracing adaptive marketing models that allow for real-time adjustments based on market feedback, shifting consumer behaviour, and emerging trends. With passing time, consumer preferences constantly change, and brands continually race to stay ahead of competitors and catch the consumers' attention. In this competitive atmosphere, achieving continued growth requires a hyper-focus on consumers' needs. However, it’s not enough to focus solely on what consumers need. Marketers must predict the future, focusing on what consumers will want and need so they can consistently stay ahead of the curve. Moreover, to conquer the competition of tomorrow's markets, a brand must adapt innovation and technology features for its continuous growth in the market. A brand must face market challenges with resilience and fresh ideas. One such brand that has proven itself adept at navigating the complexities of the market with planning, innovation and foresight is Priyagold.
Priyagold is known for bringing premium biscuits and cookies to Indian households, including Marie Lite, CNC, and Zig Zag. Since its inception in 1992, it has become synonymous with quality and taste. From biscuits to cookies, confectionaries, cakes, chocolates, and more, Priyagold offers a diverse array of food products. The brand has provided various products while managing its customers' tastes. Moreover, Priyagold constantly introduces innovative flavours, pushing the snacking industry's boundaries of tastes, preferences, and sheer indulgences. Priyagold's global mission is to spread happiness via easily accessible and delightful products. The brand's global expansion reflects its commitment to quality, innovation, and the pleasure of snacking everywhere.
According to Mr Shekhar Agarwal, the Director of Priyagold, "From our humble beginnings crafting familiar favourites to our ambitious plans to explore new frontiers, Priyagold has always been driven by a passion for innovation and a commitment to meeting customer expectations. The company is focused on expanding its presence in tier II and tier III cities.” He further added, “This initiative aims to broaden the brand-consumer base and meet diverse snacking preferences. As we set our sights on conquering the competition, we introduce enticing variants such as Kit Kat, noodles, and cakes. With an eye on innovation, Priyagold is preparing to enter new market segments, showcasing its adaptability and forward-thinking approach. Our journey may have started with beloved classics, but our vision for the future knows no bounds.”
Innovation and technology play a pivotal role for any brand, for its growth purpose and for staying ahead of the curve. Priyagold is evolving from a conventional family-owned enterprise into a business corporation. The third generation is changing the organisation's policies and procedures to make it more professional. They are also implementing a digital transformation in the business by installing new ERP systems, introducing DMS and SFA, conducting data collection advertising campaigns, and attempting to integrate the entire supply chain into a digital ecosystem. In response to changing consumer trends and behaviours, the third generation has begun concentrating more on channels such as E-commerce, Quick Commerce, and Modern Trade Retail, and it has even started its own Direct-To-Consumer business.
By being aware of emerging technologies and market trends, brands can identify gaps in the market and develop new products or services that meet our customers’ needs. With a legacy built on familiar favourites, Priyagold remains steadfast in the belief that embracing change and daring to innovate are the keys to sustained success. With a strong legacy and dedication to innovation, Priyagold Biscuits is well-positioned to maintain its growth trajectory in both the Indian and global markets. The company's strategic approach to digital transformation and market expansion reflects its commitment to maintaining leadership in the dynamic food industry. As the company embarks on this journey, it is committed to surviving and thriving in an increasingly dynamic and demanding market landscape.
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