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Page 1: Lays presentation

Group 20: Brittany, Carolina, Chris, Katherine & Maggie

Page 2: Lays presentation

Frito-Lay, Inc.

The Frito Company• Started in 1932 by

Charles Elmer Doolin• Started in his mother’s

kitchen

H.W. Lay & Company• Started in 1931 by

Herman Lay• Sold potato chips out of

his car

• Merged in 1961 to form Frito-Lay, Inc. • Then merged with Pepsi-Cola Co. in 1965 to

form PepsiCo. Inc.

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Karen Weber-Mendham

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Christina Abu-Judom

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Tyler Raineri

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Voting Option 1

#HashTagYourVote

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Vote On Facebook

Voting Option 2

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Txt Ur Vote

Voting Option 3

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Do Us a Flavor Campaign• The campaign was

launch on July 20, 2012 with a pop-up store in Times Square so consumers could taste test 20 of the potential flavors.

• Selected to spark awareness

• “Word of mouth” advertising

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Do Us a Flavor Campaign

• Two-way interaction with customers established with voting and entry submissions

• “Flavor Showdowns”• Grand prize: 1 million dollars or 1% of the 2013 net

sales of winning flavor

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Do us a Flavor Campaign

Sponsored by Target Stores which ran a sweepstakes

for a chance to win a trip to L.A. and meet and

greet with Eva Longoria

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Do us a Flavor International Success

• First create-a-chip contest in the U.S.• Lay’s has ran similar, successful contests in 14 other

countries including Serbia (Chipsy), Egypt (Chipsy), and the U.K. (Walkers)

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Idea Generation

Idea Screening

Concept Development

Business Analysis

Market Testing

Commercialization

New Product Development

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Idea Generation

• Combination of any 3 ingredients

• Lay’s Brand has 44 flavors of Lay’s and trying to add its 45th

• The campaign has put the idea generation into the hands of the consumers by letting them submit and take ownership of their flavor creation

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New Product Development

• Between July 20-Oct 6 2012, submissions were collected

• Chose finalists Feb 12, 2013

• Used consumer votes in concept development stage inherently defining attributes of the proposed new flavors

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Consumer Behavior

Snacking Trends• Salty vs. Healthy• Consumers are

replacing one meal with a snack

• 57% of Americans choosing lower sodium

• Lay’s America’s #1 chip

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Consumer Behavior

Newest Trend: Bizarre Flavor Chips• Lay’s “Do Me a Flavor”

campaign had nearly 3.8 million submissions

• Meeting consumer demand with odd flavors

• Decision-making power• Traditional product

preferred• “Don’t fix it if it’s not

broken” belief

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“Bagging” It Up

• Lays took a risk using this marketing strategy for the first time in history

• Successful because it got people involved – got them interested

• Voting ends May 4th 2013

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Trivia-

Hope you were paying attention

• How many flavors does Frito-Lay have?• When did Frito-Lay merge?• How many ways are there to vote and what are they?