giggles confectionaries.ppt2

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    Presented By

    CEO: Mr. Jayesh MD: Mr. Nikhil

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    R & D Heads

    Mr. Amit Mr. Dinesh

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    ,a

    Production Head: Miss. PritiPR Head: Miss. Hema

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    Marketing Heads

    Miss. SonaliMiss. Swati.

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    Marketing

    Head: Miss. Nivedita

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    Company profile

    Giggle confectionaries is a new

    company entering the confectionarymarket.

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    Company contact

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    Objective

    To introduce innovative and uniqueproduct in chocolate market.

    To create a brand name.

    To be a market player.

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    Vision Statement

    To create a world class manufacturing

    company and give our customers a very

    innovative chocolate product. We wishto target the urban market by having a

    very competitive price.

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    Mission statement

    We wish to create a team of dedicated

    experts in the related field to ensure

    Total Quality Management (TQM). Wewish to have a strong business valuesystem which will helps us to do fair and

    ethical business practice.

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    Company values

    Honesty

    Accountability

    PerformanceResponsibility

    Quality

    Integrity

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    Our Purpose

    To create unique product

    To capture the market

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    Our Product

    CHOCOSPLUTTERTaste the Blast

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    About Chocosplutter

    Its an object of fantasy

    It is made up of chocolate and fruitflavored sugar crystals.

    Sugar crystals help the chocolate toburst into our mouth.

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    Unique Selling Proposition: USP

    Floured sugar crystals in the centre of

    the chocolate which after melting into

    the mouth splutters and crackles.

    A new and untouched concept.

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    Features

    Chocosplutter contains sugar crystals atthe center, which burst into your mouth.

    Chocosplutter comes indifferent flavorsof sugar crystals i.e. Mango, lemon,

    orange, strawberry, etc.

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    Benefits

    The chocolate when burst in the mouthgives surprise to people, and makes

    them want to have more and more.

    The fruity sugar crystals contain

    Vitamins.

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    It interests all the age groups.

    Its a new and unique experience.

    Economical.

    Natural preservatives.

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    Chocosplutter ingredients

    Chocolate

    Sugar crystals

    Natural fruit flavourNatural preservatives

    Surprise element

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    Product variants

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    Supply Chain

    Manufacturer

    DistributerRetailer

    Consumer

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    Market Research:Questionnaire

    Questionnaire is targeted to the peoplefrom age group of 10 to 25.

    It is asked to both male and females.

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    How often do you buy chocolates?

    h f i b d f

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    Whats your favorite brand of

    chocolate?

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    Where do you usually buy chocolatesfrom?

    W ld b i t t d i t i

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    Would you be interested in trying newchocolate?

    Whi h f h filli d f i

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    Which of these fillings do you prefer ina chocolate?

    D f h l i d

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    Do you prefer chocolate in roundshape?

    h ld b illi

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    How much would you be willing topay for a standard size of

    chocolate (eg.100gm)?

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    What special offers do you prefer?

    Wh i h f i

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    What is that attracts you for trying anew chocolate?

    Wh d ll h t ith

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    Where do you usually hang out withyour friends/ family?

    h f f d i i d

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    What form of advertising draws yourattention?

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    What type of TV channels do you prefer to

    watch?

    Which social networking sites do you

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    Which social networking sites do youvisit the most?

    Would you be interested in trying a

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    Would you be interested in trying anew chocolate launched by a new

    company?

    If the new chocolate brand is

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    If the new chocolate brand isproviding you with a totally new

    experience, then would you buyit?

    Th M j Pl I Th

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    The Major Players In TheConfectionary Market

    Cadburys India Limited

    Nestle India

    The Gujarat Co-operative Milk Marketing

    Federation (GCMMF) AMUL

    db di i i d

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    Cadburys India Limited:

    First leader in the confectionary productswith 70 percent of its share

    Chocolate brands: Dairy Milk, Five Star,Gems, clairs, and Perk

    Cadburys Dairy Milk is the flagship brand

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    Oldest and strongest player

    68 per cent value share and 62 per centvolume share of the total chocolate market

    N l I di

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    Nestle India:

    Nestle forayed into chocolates &confectionery in 1990

    Has cornered a fourth share of the Chocolate

    market in the countryIt is oldest food MNC operating in India

    A chocolate contributes 14% to Nestls

    turnover

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    Brands: Milky Bar, Marbles, Crunch, Nestle

    Rich Dark, Bar-One, Munch, Nestle ChocoStick Milky Bar and Kitkat.

    The Kitkatbrand is the largest sellingchocolate brand.

    Th G j t C ti Milk

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    The Gujarat Co-operative MilkMarketing Federation (GCMMF)

    AMULAn important player in this growing chocolate

    industry.

    Very little marketing efforts in the past.

    Now things have been changed.

    New product launch and new packaging.

    Segmentation

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    SegmentationMAIN DIMENSIONS VARIABLES BREAKDOWNS

    Geographic segmentation Region Mumbai, Pune

    Density Urban and suburban

    Demographic segmentation Age Targeting 10-25 years old.

    Gender Universal

    Behavioral segmentation Buying motives Economy , convenience,

    prestige etc.

    Usage rate Heavy users, medium users,

    light users and non users.

    Readiness stage Awareness and interest.

    Consumer Profile

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    Consumer Profile

    Name: Rahul R.

    Age: 21 years

    Occupation: MBA student

    Income: 5000/month (Pocket money)

    Location: Urban

    Personality: Risk taker, impulsive, enthusiastic,experimenter.

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    Lifestyle: Fast, traveler, value quality and

    convenience, technology freak, spendmajority of time traveling and on socialnetworking.

    Activity: Movies, hang out with friends in freetime, visiting malls.

    Positioning

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    PositioningHigh quality

    Low price

    Low quality

    High price

    Chocosplutter

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    SWOT Analysis

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    Strength:

    Innovative property of bursting in the

    mouth.Competitive price.

    Eye catching packing.

    Weakness:

    New company and new product.

    Many competitors.No brand loyalty.

    Lack of experience in this field.

    Opportunities:

    Reasonable as compared to others.

    The active participation of people.

    Large market share waiting.

    Threats:

    Competition with multinational companies.

    New taste and experience may not appeal

    the consumer.

    Competitors copying on the idea andcoming up with new innovation.

    SWOT

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    4 Ps

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    Product

    Features

    Benefits

    USP

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    Size: 15gm 1 piece.

    Packaging: Primary and Secondary.

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    Price

    The price is flexible and reasonable.

    One piece for Rs.5

    Two pieces for Rs.10 Four pieces for Rs.20

    Ten pieces for Rs.50

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    Place

    Target Market: Mumbai, Pune, Bangalore andthe other Metropolitan cities

    Test Market: Mumbai & Pune

    Place of Production: Mumbai.

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    Promotion

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    Promotions for Retailers and

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    Promotions for Retailers andDistributors.

    Small cold storage for our product.

    10% extra to our distributors as an incentive.

    Promotions for Consumer

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    Promotions for Consumer.

    Surprise Gift promotion in malls and otherplaces.

    Free samples to consumers.

    Contest with children.

    School promotions and collage promotions.

    h i l i i i

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    Other promotional activities.

    Tie up with Big Bazar.

    Small stalls at various malls.

    Collect 10 wrappers and win a gift hampercontest.

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    Promotional activities through media

    In Electronic media

    Television

    Radio

    Internet

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    Television

    Main target: Music channels, Cartoonchannels, Hindi commercial channels.

    Also advertisement would be shown onEnglish commercial channels.

    Prime time slot.

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    Radio

    Radio Mirchi

    Radio One

    Red Fm

    Time: Prime spots (morning, evening &

    night)

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    Creative's for Internet, Print andOutdoor

    Pre launch

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    Pre-launch

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    Post-launch

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    Internet

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    In Print media

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    In Print media

    Newspaper and Magazines

    Comics

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    Newspaper

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    Comics

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    Magazines

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    Outdoor Ad Campaigns

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    Chocosplutter mint

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    Chocosplutter mint

    Future Plans

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    Future Plans

    Launching more innovative chocolateproducts.

    To increase sale.

    Making our products available ininternational market.

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    Thank you