Marketing Pp t Instant Noodles

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    FAST MOVING CONSUMERGOODS

    Presented By-

    Sunil Kumar Maurya

    Parul Goyal

    Shweta Gulati

    Arindam Bhattacharya

    Navbharat Singh

    Nishant

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    Flow of Presentation

    FMCG INDUSTRY

    Nestle

    Brand Maggi Consumer survey findings.

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    FMCG

    Products which have a quick turnover, and relativelylow cost are known as Fast Moving ConsumerGoods (FMCG).

    FMCG products get replaced within a year.

    FMCG include pharmaceuticals, consumerelectronics, packaged food products, soft drinks,

    toiletries, cosmetics, detergents, glassware, paperproducts, and plastic goods.

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    FMCG Industry Size

    The Indian FMCG sector is the fourth largest.

    Has a market size of Rs 60,000 Crores

    GDP : FMCG sector contributes to 3 % of IndiasGDP

    The middle class and the rural segments of the

    Indian population are the most promising market forFMCG.

    Industry expected to grow 10-12 per cent yearly forthe next 10 years

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    FMCG Market Size

    FMCG Market size set to treble from being 11.6$ billion in 2003 to 33.4 $ billion in 2015

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    Analysis of FMCG SectorStrengths:

    1. Low operational costs

    2. Established distribution networks

    3. Well-known brands in FMCG sector

    Weaknesses:

    1. Lower scope of investing in technology

    2. Low exports levels

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    Analysis of FMCG Sector(Contd.)

    Opportunities:1. Untapped rural market

    2. Increase in purchasing power of consumers.

    3. Population of over one billion.

    4. Export potential

    Threats:

    1. Removal of import restrictions.

    2. Slowdown in rural demand.

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    About the organization

    Largest nutrition and foods company in the world

    Headquartered in Vevey, Switzerland.

    Nestl originated in a 1905 merger of the Anglo-Swiss Milk Company and the Farine Lacte HenriNestl Company

    Name means "Little Nest".

    Operates in 86 countries around the world andemploys nearly 283,000 individuals.

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    Product line of Nestle

    Coffee Infant foods

    Chocolates Prepared foods

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    Competition

    Nestle is the market leader in Baby food and Instantcoffee segment.

    HLL in instant coffee segment.

    Heinz in the baby foods market.

    HLL and Indo Nissin Foods in semi-processed foodssuch as noodles, ready mixes for Indian ethnic

    breakfast and sweets.

    Nestle has 25% share in the chocolate/ confectionerymarket.

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    MAGGI

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    Overview

    Maggi Brand of Noodles launched in 1983 in thepackaged food market of India.

    Appropriate realization of target segment, effective

    positioning and effective promotion and sales mademaggi biggest brand in the noodles segment.

    Maggi is to Noodles in India as Xerox is tophotocopier.

    NIL had introduced sauces, ketchups and soupsunder Maggi brand to reap benefit of brandpopularity.

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    MAGGI NOODLES

    Positioned the noodles as a convenient product formothers as it takes only 2 minutes to cook.

    Positioned as fun for the children

    The tagline fast to cook, good to eat best suits thepromotional strategies.

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    Market penetration Strategies Started with promotional campaigns in

    schools

    Started their advertising straight focusing on

    kids.

    Introduced new products like atta noodlesdal atta noodles cuppa mania.

    Priced very competitively.

    Products are made available in differentpackages like 50,100,200,400 Gms.

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    COMPETITORS

    Maggi (range) is competing with:

    Heinz Sauces and Ketchup

    Knoor Soups

    Kissan Sauces and Ketchup

    Top Ramen

    Sunfeast Pasta, Wai Wai, chings incorresponding categories of products andvariants

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    SWOT ANALYSIS OF MAGGINOODLES

    Strengths

    Has a huge brand loyalty.

    Has developed the huge distribution channelnetwork over thousands of distributors, retailers etc.

    Innovative products for Indian taste buds such as

    Maggi, Maggi masala, chicken Maggi etc.

    The advertising strategy for Maggi was a super hit astheir tagline itself was very effective and grabbed theconsumers mind.

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    Weakness

    heavily dependent on only one flavor. It contains Maida, so there are some health

    related issues

    Opportunities

    Unexploited rural markets

    Increased affinity of Indians towards chinesecuisine

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    Threat

    Presence of regional competitor

    Price war strategies adopted by otherbrands like Top Ramen,wai wai andchings.

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    CURRENT SCENARIO OF MAGGI

    Ten years back Maggi had 50% market share in India.

    But now,it enjoys 80 % market share in India

    Leading Brand in India as well as World.

    Current Sales:

    Approx.

    90000 boxes

    Rs. 4,79,49,000 in Mumbai

    10,00,000 boxes

    55 cr. in India.

    Source-annual report,nestle

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    Revenue contribution by companiesin instant noodles category at More

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    Revenue contribution by companies in

    instant noodles category at Spencers

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    Survey

    Sample Size- 100

    Convenience sampling.

    Population- school going kids, teenagers andcollege students.

    Sample source- East and West Delhi andNoida.

    Parents answered the questions of childrenof less then 8 years.

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    GENDER

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    AGE

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    FAMILY INCOME

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    Which Snack would you like to munch most ofthe times?

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    What brand comes into your mind when youhear the word NOODLES?

    MAGGI WITH HIGHEST PERCENTAGE OF 96.

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    Which of the following lines can you associatewith MAGGI Noodles?

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    For which reasons do you like to have MAGGInoodles?

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    Maggi noodles are tasty.

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    How often do you have Maggi Noodles?

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    You find Maggi healthy.

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    What variant of Maggi do you buy the most?

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    Which size do you buy most often?

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    At what time do you prefer to have Magginoodles?

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    If yes, what was your source of information?

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    Have you sent your story to maggi?

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    Limitations

    Small sample size

    Findings cannot be generalised

    It was confined to Delhi/NCR only Unable to use advanced statistical

    tools

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    Thank You

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    Questions