Upload
shailesh-bhadra
View
218
Download
0
Embed Size (px)
Citation preview
7/27/2019 Team_3.ppt
1/38
COOKING UP MAGGI
NOODLES
BY-Shailesh Bhadra - 5
Amir Choudhary - 15
Richa Gupta - 25
Priyanka Ingle - 28
Bhavya Prabhakar - 55
Akriti Sahai - 60
Kimaya Samant - 62
30-Sep-13 1
7/27/2019 Team_3.ppt
2/38
What is the brand name that comesto your mind when you hear the word
NOODLES ?
30-Sep-13 2
7/27/2019 Team_3.ppt
3/38
The Brand Maggi
30-Sep-13 3
7/27/2019 Team_3.ppt
4/38
30-Sep-13
4
7/27/2019 Team_3.ppt
5/38
STORY OF MAGGI 2-MINUTE NOODLES
Its a Brand of instant noodles made by Nestle IndiaLtd.
It was founded by the Maggi family in Switzerland inthe 19th century..
The Brand is popular in: -Australia
-India -Malaysia -New Zealand -Singapore
-South Africa30-Sep-13 5
7/27/2019 Team_3.ppt
6/38
Nestle wanted to explore the potential forsuch an instant food among the Indianmarket.
Now it enjoys around 90% market share inthis segment.
Over the years Maggi has launched severalproducts under its Brand name.
30-Sep-13 6
7/27/2019 Team_3.ppt
7/38
Nestl India Ltd. (NIL), the
Indian subsidiary of the global
FMCG major, Nestl SA, introduced
the Maggi brand in India in 1982,with its launch of Maggi 2 Minute
Noodles, an instant noodles product.
It blended with Indian culture by
introducing masala flavor
The Birth in India
30-Sep-13 7
7/27/2019 Team_3.ppt
8/38
NILs promotions positioned the noodles as a convenienceproduct for mothers & as a fun product for children.
The noodles tagline , Fast to Cook, Good to Eat was also
in keeping with this positioning.
They promoted the product further by distributing freesamples, giving gifts on return of empty packets ,etc.
Effective Tagline Communication.
INITIAL STRATEGIES OF MAGGI
30-Sep-13 8
7/27/2019 Team_3.ppt
9/38
Maggi chose indian line Mummy bhookh lagi hai, bas 2
minute as its jingle which gave a brand recall and a connectto the indian culture
The jingle was made keeping in mind the positioning of
maggi which was convenience for housewife and herinvolvement with kids
The jingle also connected with the fast to cook, good toeat positioning of maggi
Effective communication
30-Sep-13 9
7/27/2019 Team_3.ppt
10/38
The 4 Ps
30-Sep-13 10
7/27/2019 Team_3.ppt
11/38
MAGGI-Product mix
MAGGI 2-MINUTE Noodles
MAGGI Vegetable Atta Noodles
MAGGI CUPPA MANIA
MAGGI Vegetable Multigrain Noodles
30-Sep-13 11
7/27/2019 Team_3.ppt
12/38
PRODUCT LEVELS:CUSTOMER VALUE HIERARCHY
Core benefit - FAST TO COOK & GOODTO EAT.
Basic product benefit - good taste withproper nutrition levels and good health.TASTE BHI HEALTH BHI
Expected product benefit - proper and a goodpackage & fully packed seasoning tastemaker& affordable prices.
30-Sep-13 12
7/27/2019 Team_3.ppt
13/38
Taste Bh i, Health B hi
PRODUCT VARIANTS
30-Sep-13 13
7/27/2019 Team_3.ppt
14/38
MAGGI-Pricing
Maggi 2-Minute Noodles(Chicken) 95 gms 12.00
Maggi 2-Minute Noodles(Curry)
100 gms 13.00
Maggi 2-Minute Noodles(Masala - spicy)
100 gms 12.50
Maggi Rice Noodles 95 gms 15.00
Maggi 2-Minute Noodles(Veg atta)
200 gms 30.00
Maggi Dal Atta Noodles 100 gms 13.00
30-Sep-13 14
7/27/2019 Team_3.ppt
15/38
The Economic Times, Aug12, 2010
Nestle had extended
Maggi noodles andseasoning to the
bottom-of-the-pyramidsegment by
sellingRs. 4 and Rs. 2packs
at select low-incomemarkets likeMumbai's Dharavi.
30-Sep-13 15
7/27/2019 Team_3.ppt
16/38
MAGGI-PLACEMENT
The distribution network is well spread almosteverywhere in India,as it is easily available in allkirana stores, retail stores etc.
Whenever, Wherever, However
Connecting with Customers out of homeonthe move
Maggi Fun spots Supply in other nestle kiosks
ITES/BPO employees
30-Sep-13 16
7/27/2019 Team_3.ppt
17/3830-Sep-13 17
7/27/2019 Team_3.ppt
18/38
MAGGI: Promotion
Sales PromotionExchange schemes
Price-off offer
Scratch n Win OffersMoney back offer..
Sponsor school quiz..
Awareness campaign..
30-Sep-13 18
7/27/2019 Team_3.ppt
19/38
AdvertisementEffectiveTaglines
30-Sep-13 19
7/27/2019 Team_3.ppt
20/38
7/27/2019 Team_3.ppt
21/38
PRODUCT LIFE CYCLE OFMAGGI
30-Sep-13 21
7/27/2019 Team_3.ppt
22/38
PLC OF MAGGI
TIME
30-Sep-13 22
7/27/2019 Team_3.ppt
23/38
INTRODUCTORY STAGE OF MAGGI
The product launched keeping in mind theworking women and children
No competition
It was the pioneer in the instant noodlemarket.
Distribution channelProducer -- Distributor --
Retailer -- Consumer30-Sep-13 23
7/27/2019 Team_3.ppt
24/38
INTRODUCTION CONT
PRICINGThe initial pricing strategy was low pricing strategyto make product affordable.
PROMOTIONPromotion focuses on awareness and information
Promoted with the tag line
BAS 2 MINUTE.
Promotion done by- Giving gifts on empty packets.
30-Sep-13 24
7/27/2019 Team_3.ppt
25/38
MAGGI GROWTH STAGE
Sales increased.
50% market share.
No.1 brand.
PRICE- prices were kept normal.
PRODUCT- no any new changes PROMOTION-GOOD TO EAT FAST TO
COOK
Entry of Competitor
30-Sep-13 25
7/27/2019 Team_3.ppt
26/38
MARKET PENETRATION STRATEGIES
Promotional campaigns in school.
Advertising strategies:Focusing on kids
New product innovation according to the need of consumers:-Veg. Atta Noodles-Dal Atta Noodles-Cuppa Mania
Availability in different packages:-50 gms
-100 gms-200 gms-family packs(400 gms)
Conducting regular market research.
30-Sep-13 26
7/27/2019 Team_3.ppt
27/38
MAGGI MATURITY STAGE
Introduced new Variety.
Price Rs. 5 Onwards. Big Time Promotional Offers.
30-Sep-13 27
7/27/2019 Team_3.ppt
28/38
MATURITY CONT
PRODUCT
- Maggi introduced wide variety of products like Dalatta noodles, Chicken maggi, Maggi cuppa mania.
PRICE
- Maggi still comes in very affordable prices startingfrom Rs. 5, they reduced the quantity instead ofincreasing price.
DISTRIBUTION
- Distribution became more intensive. Adopted variousintensive programme for encouraging the product overtheir competitors in the market.
30-Sep-13 28
7/27/2019 Team_3.ppt
29/38
Segmentation To Differentiation
Classic Noodles - 5 to 10 yrs..
Veg. Atta Noodles - Health conscious.
Rice Mania teenagers..
Cuppa Mania - office goers.
30-Sep-13 29
7/27/2019 Team_3.ppt
30/38
MAGGI DECLINE STAGE
Sales saw a decline in 1990s.-Formulation changed from fried base toair dried base.
New product (Maggi Macaroni) launched but
failed.Tough competition from TOP RAMEN.
30-Sep-13 30
7/27/2019 Team_3.ppt
31/38
Reintroduction of MAGGI Noodles
Reintroduced in 1999
Increased Distribution
Focus on new segments
of Society New & Interesting TV
Commercial
Using common people in
commercials
30-Sep-13 31
7/27/2019 Team_3.ppt
32/38
30-Sep-13 32
7/27/2019 Team_3.ppt
33/38
30-Sep-13 33
7/27/2019 Team_3.ppt
34/38
30-Sep-13 34
7/27/2019 Team_3.ppt
35/38
30-Sep-13 35
SUGGESTIVE BRANDING STRATEGIES
7/27/2019 Team_3.ppt
36/38
-Focus on creating distinctive image, based on twinbenefits of INSTANT and HEALTHY with
emphasis on health conscious and rural markets.
- Conduct promotional campaigns at schools in smalltowns with population more than 10,000.
- Strengthen the distribution channel of the ruralareas within 100 km of all the metros.
- In-film branding and In-TV branding can help maggibuild a higher brand equity
- Foray into other food products like biscuits, chips,etc. under its sole brand name would not only help inBrand extension but will also enhance Maggis marketshare and Brand equity.
SUGGESTIVE BRANDING STRATEGIES
30-Sep-13 36
C MAGGI E t BISCUIT C t ??
7/27/2019 Team_3.ppt
37/38
- Yes Maggi can enter biscuit category in masalabiscuits as well as health biscuit segment
- It will maintain the positioning of Maggi which isconvenience as well as fun food for kids
- Maggi can do test marketing of their biscuits by
providing free samples with their existing products
- Maggi can differentiate in the huge clutter ofbiscuits with the help of its packaging andcommunication
Can MAGGI Enter BISCUIT Category??
30-Sep-13 37
7/27/2019 Team_3.ppt
38/38
THANKYOU