Bas 2 Min!!! (2)

Embed Size (px)

Citation preview

  • 7/31/2019 Bas 2 Min!!! (2)

    1/13

    Team Members:Nayomi Mehta | Nirjara Vyas | PuneetTandon | Rohit Singh

    Siddharth Dikhale | Sumitabh Swarnakar | Vani Bandhu

    Fast To Cook, GoodTo Eat.

  • 7/31/2019 Bas 2 Min!!! (2)

    2/13

    Market leader in Instant Noodle Segment.

    It has high brand recall and is synonymous with noodles.

    Has retained its legacy over 25 years.

    Slogan: Fast to good, Good to eat.

  • 7/31/2019 Bas 2 Min!!! (2)

    3/13

    TARGET MARKETS Children and Teenagers Studying Age Young Adults Middle-Aged Adults

    MARKET DEMOGRAPHICSRegion: urban, semi-urban, rural (recent) Occupation: Housewives, working

    professionals, self-employed Sex : Unisex Family life cycle: Young, single,married with children

    Behavioural:Occasions: Regular, Everyday user-urban, rural-depends on the temporal

    aspects of the consumers life(varied usage in terms of time of time of day,week, month, year) User status: first time user-rural, potential users-semi-urban, heavy users-urban Usage rate: Heavy user-urban, light-rural, medium-semi-urban Loyalty status: hard core and shifting loyals Buyer-ReadinessStage: rural-some are aware, semi-urban:some intend to buy(aware,

    informed),urban: informed(some desire,some intend to buy) Attitude towardproduct: Enthusiastic, positive

  • 7/31/2019 Bas 2 Min!!! (2)

    4/13

    MARKET

    PENETRATION

    (Upgrade existing variants ofMAGGI)

    PRODUCTDEVELOPMENT

    (Introduce new variants ofMAGGI)

    MARKETDEVELOPMENT(Finding new markets forexisting variants of MAGGI)

    DIVERSIFICATION(Launch totally new variants ofMAGGI in totally new markets)

    EXISTING PRODUCTS NEW PRODUCTS

    EXISTING

    MARKETS

    NEWMARKETS

  • 7/31/2019 Bas 2 Min!!! (2)

    5/13

    STARS

    (MAGGI VEG Atta

    Noodles)

    QUESTION

    MARKS

    (MAGGI Chicken, DalAtta Noodles)

    CASH COW

    (MAGGI masala flavour)

    DOGS

    (MAGGI tomato, Curryflavours)

    MARKETGROWTHRATE

    HIGH

    LOW

    RELATIVE MARKET SHARE

    HIGH LOW

  • 7/31/2019 Bas 2 Min!!! (2)

    6/13

    STRENGTHS Strong brand recall and product is almost synonymous to the brand. Market leader with over 80% market share. Highest advertising share with 73% share in print and television media. Emotional relationship with the consumer.

    A strong distribution network of the parent company Nestle. Established Family Brand. Strong Global Corporate Brand.

    WEAKNESSES Tagged for some products as having no health value. It has tried to bring in innovation but has failed eg. Dal Atta Noodles The product features have remained almost since inception in 1983. Low Rural Market.

  • 7/31/2019 Bas 2 Min!!! (2)

    7/13

    OPPORTUNITIES Tremendous growth is projected. Increase in the potential consumer base i.e single working professionals. Rapid economic growth and rising disposable income. Rural base is potential.

    High brand awareness of Indian Consumer.

    THREATS Competition is increasing with established competitors in other segments

    are foraying into noodles segment seeing the capacity Top Ramen has come up with exciting instant noodle offerings. Less entry barriers in this product category.

  • 7/31/2019 Bas 2 Min!!! (2)

    8/13

    POLITICAL

    ECONOMICAL SOCIAL

    TECHNOLOGICAL

  • 7/31/2019 Bas 2 Min!!! (2)

    9/13

    POLITICAL Since liberalization, measures have been taken with regard to regulation

    and control, fiscal policy, export import, taxation etc.

    Food processing and agro have been given high reliefs and incentive. Income Tax Act 100% deduction -> 5 years 25% -> 5 years

    SOCIAL Mothers perception of healthy food Rural and Urban penetration Taste and preferences were considered (Thrilling Curry, Tricky Tomato) Healthy market tapped.

  • 7/31/2019 Bas 2 Min!!! (2)

    10/13

    81%

    10%

    6%

    2% 1%

    Market Share

    Maggi

    Top Ramen

    Wai Wai

    Nissin

    Private

    Label

    ECONOMIC

  • 7/31/2019 Bas 2 Min!!! (2)

    11/13

    Ready to eat food processed food market is pegged at a staggering Rs

    500 billion Instant noodle market is valued at Rs 13 billion.

    ECONOMIC

    TECHNOLOGICAL

    MSG free noodles. 2 minute ingredients Cup variants

  • 7/31/2019 Bas 2 Min!!! (2)

    12/13

    TOP RAMEN'Don't be a noodle, be a Smoodle,' was the ad that brought the Top Ramen brand intolimelight when it was launched in 1991.Market share FY 2005-2006: 14%

    Variety:a) Packet Noodles: Macho Masala, Funky Chicken, Oye Tomato, Curry Smoodles.b) Cup Noodles: Spicy Vegetable, Tangy Chicken

    ITC SUNFEAST PASTA ITC launched India's first instant pasta snack, Sunfeast Pasta Treat in 2005.

    Made from high protein Durum wheat, Sunfeast Pasta Treat is not fried and does not contain

    maida, making it a nutritious snack. This ready to cook pasta comes with a sauce maker inside

    the pack. Market share FY 2005-2006: The ready-to-eat Sunfeast Pasta Treat has clocked 6% of the

    branded noodles volume in just one year.

    Variety:

    It is currently available in four exciting flavours: Masala, Tomato and

  • 7/31/2019 Bas 2 Min!!! (2)

    13/13

    QUERIES?