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VS
MAGGI…… The company came into existence in 1872 in Switzerland Nestle group of companies introduced Maggi brand in India in 1982 , with the launch of
Maggi noodles
Over the years Maggi has launched several products under its Brand Name.
With more than 15 flavors in stock, it is widely tasted & admired for its Original Maggi Flavor
Now it enjoys around 90% market share in this segment
Cuppa ManiaVeg. Atta Noodles
Rice Mania Maggi Tomato
OVERVIEW OF COMPANY
It is a Product Of Indo Nissin Food Goal was to create food that could be
eaten anywhere any time In 1958 Nissin Introduced “Chicken
Ramen” as the first instant ramen Nissins has over 21900 employees and
Net sales of $3.2 billion per year It operates 29 plants in 11 countries
ENTRY IN INDIA It was launched in India 1991 For past 10 years it has been distributed by
Marico Brand is credited with Innovating a new
category of Cup-noodles in Indian Market Top Ramen holds 90% share in the Cup-
noodles Market It is also credited with the launch of Curry
noodles in India
HYPOTHESIS1. H0 – There is no significance difference
between customer preference for Maggi and Top Ramen
H1 – There is more customer preference for Maggi
2. H0 – There is no significance difference between Brand recall for Maggi and Top Ramen
H1 – There is more Brand recall for Maggi
Sampling Method:- Non-Probability Sampling
Convenience Sampling
Questionnaire type:- Closed ended questions
Coverage Area:- Mumbai, Thane.
Sample Size:- 120
In your free time which snacks do you prefer?
76%
24%
MaggiTop Ramen
How frequently do you eat these snacks?
12%
53%
35%
DailyWeeklyOccasionally
Which pack size do you prefer?
One pack Two pack Family pack0%
10%
20%
30%
40%
50%
60%
80%
20%
Which brand's latest advertisement you can recall?
Maggi
Top Ramen
0
10
20
30
40
50
60
70
80
Poor Average Good Excellent
Availaibility
Maggi
Top Ramen
0
10
20
30
40
50
60
70
Poor Average Good Excellent
Packaging
Maggi
Top Ramen
0
5
10
15
20
25
30
35
40
45
50
Poor Average Good Excellent
Offers Provided
Maggi
Top Ramen
H0: There is no significant difference between customer preference for Maggi and Top Ramen.
H1: There is more Customer Preference for Maggi.
Chi-square method:-
X2cal =32.02
Table Value=3.84X2
cal > Table value
Therefore, null hypothesis is rejected and alternate hypothesis is accepted.
H0: There is no significant difference in brand recall for Maggi and Top Ramen.
H1: There is more brand recall for Maggi.
Chi-square method:-
X2cal =43.2
Table Value=3.84X2
cal > Table value
Therefore, null hypothesis is rejected and alternate hypothesis is accepted.
LIMITATION Limited sample size
Limited coverage area
Not consider other competitor
Not consider substitute
RECOMMENDATIONS FOR TOP RAMMEN
In promotion front Top Ramen failed to make an impact.
Aggressive marketing strategy
Focus on rural market
Enter into new segment
RECOMMENDATIONS FOR MAGGI Strengthen the distribution channel of the
rural areas
Advertisement campaign with the brand ambassador
Constant eye on competitors
CONCLUSION Increase in per capita income of an
Indian
But time is limited
So fast to cook ready to eat food market is booming
Innovation is the key
REFERENCE Kothari,C. Panneerselvam,R.
WEBLIOGRAPHY www. Mofpi.nic.in www.marketing practice.blogspot.com www.toprammen.com www.nestle.in
Thank You