Chocoholics

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    Chocoholics

    PGDM B 200911Harshit VoraNirav Parekh

    Pranav RaoShishir VahiaShivang Parekh

    The Healthy Addiction

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    ChocoholicsThe Healthy Addiction

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    Why..??

    Chocolate containsFlavonoidswhich are antioxidants thatprotect the body from aging

    Flavonoidsalso help lowerBLOOD PRESSURE

    LowersLDL Cholesterol(bad cholesterol)

    ContainsTheobromine which acts as a mild stimulant

    Triggers the release ofSerotonin (a neurotransmitter) that

    acts as an anti-depressant

    HEALTH BENEFITS

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    Why..??

    MITHAIgetting substituted by chocolates

    Designer Chocolateshave become a STATUS SYMBOL

    Choice from a wide range of Chocolates

    Change in Indian Palate Inclination forDark Chocolates

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    Chocolate Market in India

    Chocolate market is estimated to be around1500 crores

    (AC Nielson) growing at18-20% per annum

    Theper capita consumption of chocolate in India is300 gram

    compared with 1.9 kilograms in developed markets

    Over70 per centof the consumption takes place in the urban

    markets

    Chocolate saleshave risenby15% in 2007to reach 36000tonnes according to one estimate.

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    Market Research

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    Competitors

    Mumbai Central Bandra Worli Marine Lines

    Pune

    New DelhiNew Delhi

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    SurveyPrimary Research

    - Questionnaire

    SAMPLING

    Sampling Unit: People who buy chocolates from retail outlets

    (Convenience Sampling)

    Sample Size : 100 Respondents (Age from 8 to 60 yrs)

    Method : Questionnaire

    Data Analysis : Graphical Method Area of Survey: Western Mumbai

    Secondary Research- Internet

    - E-journals

    - Newspaper Articles

    - Research Articles

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    Survey Analysis

    1. Do you gift MITHAI to your Friends & Relatives

    during festivals..?

    YES 89%

    NO 11%

    2. Are you aware of the recent MAWA ADULTERATION SCAMin your Mithai..?

    YES 96%

    NO 4%

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    3. Do you Still Consider it SAFE to gift MITHAI to your

    near & dear ones..?

    YES 12%

    NO 88%

    4. Would you prefer to gift them chocolates otherwise..?

    YES 94%

    NO 6%

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    5. What Kind of chocolates would you like to gift..?

    Celebrations 23%

    Designer Chocolates 77%

    6. Do you know any Specialized Designer Chocolate Shop..?

    YES 36% (Fantasie, Choco-House, Chocolatiers)

    NO 64%

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    7. If Yes, Is it easily accessible from your place..?

    YES 63%

    NO 27%

    8. Is it cheap enough to gift those Designer Chocolates to all

    your relatives and Friends..?

    YES 13%

    NO 87%

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    Vision

    To capture 51% market share of the Designer

    Chocolate Market in India and gradually expandWorldwide by 2020

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    Target Audience

    EVERYONE

    Kids

    Teenagers

    Youth

    Old

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    The Marketing Mix

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    ProductIntroduction of New Range of Designer Chocolates to suit

    different target segments

    U. S. P.Customized Designs & Tastes

    P Off

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    Product Offerings

    1. DESIGNS:

    . . . & many more

    BEAR DOLPHIN GOLF BALL

    CAR GUITAR HEART

    KEY BOARD ALPHABETS

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    2. INGREDIENTS:

    NATURAL FLAVOURS

    DRY FRUITS

    **

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    Price

    ** Conditions Apply

    SUGARED (50/-) SUGAR FREE(75/-)

    FLAVOURED FLAVOUREDDRY FRUIT DRY FRUIT

    (60/-) (75/-) (90/-) (100/-)

    *

    *

    *

    ** *

    * Prices are per 100 gm each

    KINDLY ADD Rs. 5 per 100gm for Dark Chocolate

    P

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    Place

    Inorbit Mall - MaladMumbai Airports

    Andheri Lokhandwala Market

    PrabhadeviNr. Siddhivinayak Temple

    Near Metro CinemaMarine Lines

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    PromotionPamphlets in Newspapers

    Outdoor Media (Billboards, VM, Neon Signboards)

    Local Cable TV Advertisement, TATA SKY, Dish TV, Airtel TV, Sun Direct TV

    Direct School Programs

    Support College Festivals (Rhythm, Techithon, Umang, Malhar etc)

    Sponsoring Advertising Boards during Navratri Festival & Ganesh Pandals

    BEST Bus Advertising and advertising on BEST TV

    Railway Stations & Interiors of Rail Coaches

    Freebies on various websites

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    ChocoholicsThe Healthy Addiction

    MaladLokhandwalaAirportPrabhadeviMarine Lines

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    Do you need more reasons to eat chocolates..??ChocoholicshocoholicsThe Healthy Addiction

    Malad Lokhandwala Airport - Prabhadevi Marine Lines

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    ChocoholicshocoholicsThe Healthy Addiction

    Malad Lokhandwala Airport - Prabhadevi Marine Lines

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    ChocoholicsChocoholicsTheHealthyAddictionMaladLokhandwalaAirport-PrabhadeviMarineLines

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    www

    com

    Malad Lokhandwala Airport - Prabhadevi Marine Lines

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    ChocoholicshocoholicsThe Healthy Addiction

    Malad Lokhandwala Airport - Prabhadevi Marine Lines

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    ChocohilicsThe Healthy Addiction

    P R E S E N T S

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    CHOCOHOLICS CHOCOHOThe Healthy AddictionThe Hea

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    CHOCOHOLICS

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    ChocoholicshocoholicsThe Healthy Addiction

    Malad Lokhandwala Airport - Prabhadevi Marine Lines

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    0909

    ChocoholicsThe Healthy Addiction

    S W O T A l i

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    S. W. O. T. Analysis

    Strength

    Weakness

    Opportunities

    Threats

    Designer Chocolates

    Variety in Packaging

    Longer Shelf Life

    Easy Access to Local MassesAffordability

    Raw Material Supply Volatile Prices Small Business Unit

    Low Penetration Consumption Scope of Launching New Variants

    Scope of Successful Launch in other cities in India as well

    Foreign Multinationals

    Competitors

    Bibli h

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    Bibliography

    www.google.com/images

    www.rediff.com

    www.yahoo.com

    www.zenithoptimedia.com/.../index.htm

    www.youtube.com

    http://longevity.about.com/od/lifelongnutrition/p/chocolate.htm

    www.theallineed.com/health/06021102.htm

    http://www.google.com/imageshttp://www.rediff.com/http://www.yahoo.com/http://www.zenithoptimedia.com/.../index.htmhttp://www.youtube.com/http://longevity.about.com/od/lifelongnutrition/p/chocolate.htmhttp://www.theallineed.com/health/06021102.htmhttp://www.theallineed.com/health/06021102.htmhttp://longevity.about.com/od/lifelongnutrition/p/chocolate.htmhttp://www.youtube.com/http://www.zenithoptimedia.com/.../index.htmhttp://www.yahoo.com/http://www.rediff.com/http://www.google.com/images
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    OPEN QUESTIONS