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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/images8/7/2019 Chocoholics
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OPEN QUESTIONS