Back

LIKHITH

"You never know" • 1y

WELCOME TO BUSINESS STORIES EP-2 (PRINGLES) You all might have heard the name PRINGLES, But do you know the origin story? Read this out. ●INTRODUCTION ● Pringles are a type of potato crisp that is stackable, thin, and engineered to resist breakage. They are created with a specific recipe that excludes potatoes and instead uses dehydrated potato, maize, rice, and water. ●WHAT MADE THEM SO SPECIAL● Basically, They solved 2 issues of consumer in the chips industry. 1.More air 2.Breakage of chips They hired a mathematician and a chemist named Fred Baur who came up with a brilliant shape and brilliant box design which solved the above issues. Then boom, pringles dominated the Chips market worldwide. ●NUMBERS● -Net sales = ₹ 2,50,64,05,50,000 -Profit = haven't disclosed it -Net sales in India = ₹350-400 crore -Market share = 13% Like and follow for more such amazing stuffs ;)

14 Replies
8
21
Replies (14)

More like this

Recommendations from Medial

Image Description
Image Description

Dia Goel

Hey I am on Medial • 4m

India holds a 81% non vegetarian population but ZERO meat based snacks. So For all those who were confused what exactly are Chicken Chips - These are a ready to eat out of the packet chips that are crispy like your chips and are 100% baked. These a

See More
10 Replies
2
9

Ansh Kadam

Founder & CEO at Bui... • 1y

How Alexandr Wang did the boring stuff in the booming sexy AI industry and got to an estimated net worth of $2 Billion. Alexandr Wang, is a 27 years old AI Tycoon you have probably never heard of. At 19 he left MIT to start Scale AI. But what do

See More
Reply
1
3
Image Description
Image Description

vishakha Jangir

 • 

Set2Score • 1y

𝗛𝗼𝘄 𝗱𝗶𝗱 𝘁𝗵𝗶𝘀 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗼𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺 𝗯𝗶𝗴 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗹𝗶𝗸𝗲 𝗟𝗮𝘆’𝘀? It's Balaji wafers. Founded in 1974 by brothers Chandubhai, Bhikhu bhai, and Kanubhai Virani, who initially managed a canteen at Astron Cinema in R

See More
2 Replies
5
Image Description
Image Description

Vishu Bheda

 • 

Medial • 1y

Coca-Cola sells 2.1 billion drinks every day. Yet they: Don't make the drinks Don't own the factories Don't handle distribution Don't even bottle them Still worth >$280B. Here's their real business model👇: First, forget everything y

See More
7 Replies
13
34

Swamy Gadila

Founder of Friday AI • 8m

🚨 Open AI is an Wrapper👀🤯 Hot take, but let’s break it down logically: OpenAI is not a full-stack AI company — it’s a high-level wrapper over Azure and NVIDIA. Here’s why that matters 👇 🔹 1. Infra Backbone = Microsoft Azure Almost 90%+ of Op

See More
Reply
2
4
Image Description

Dan Sukhov

@den_point • 3m

Stripe has launched revenue verification Stripe has launched a feature (link) that allows founders to share MRR and net revenue publicly. The real data is verified by Stripe. No more edited screenshots. I'm not an apologist for Stripe (and they

See More
2 Replies
5
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Idea For You Implement Now — “ Packaged French Fries and Tater tots ” So Guy's according to my research in india Tater tots and French fries are widely Consumed, approximately 584 tonnes french fries are daily Consumed and 213,360 tonnes are annu

See More
27 Replies
16
25
Image Description

Harsh Dwivedi

 • 

Medial • 1y

Top News of the Day: 1. SaaS startup Zeplyn raises $3 million from Leo Capital, others 2. India's food and grocery delivery firm, Swiggy, made a strong stock market debut, listing at a 5.6% premium to its IPO price of Rs 390. 3. Prosus offers to i

See More
1 Reply
4
28
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 3m

Left Microsoft and built a 72,000 CR company. 1. When most kids were playing with toys, Peyush Bansal worked at a call centre, handling thousands of consumer complaints every day in the retail sector. Seeing his progress, the very senior person wh

See More
2 Replies
9
19

Download the medial app to read full posts, comements and news.