nestle nan pro marketing
TRANSCRIPT
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Company profileNestlé is a Swiss company.
Nestlé has around 450 factories, operates in 86 countries, and
employs around 328,000 people.
It is one of the main shareholders of L'Oreal, the world's
largest cosmetics company.
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Line of products
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Competitors Nestlés competitors may be categorized in two main
types:*Packaged food companies (Unilever NV, Kraft Foods,
(Cadbury), Hershey Foods,etc.) *Store brands from retailers (Safeway, Wal-Mart Stores,
Hypermarkets, etc.)
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It falls under Infant Nutrition department of Nestlé Nutrition.
It is a premium whey predominant starter infant formula which is
nutritionally complete and specially formulated for healthy infants
from birth up to 12 months
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ProductProduct variety-
Nan Pro 1: 0 – 6 months
Nan Pro 2: 6 – 12 months
Nan Pro 3: 10 months & older
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PriceProduct Quantity PriceNestle Nan Pro 1 400gms Rs 380.00Nestle Nan Pro 2 400gms Rs 368.00Nestle Nan Pro 3 400gms Rs366.00
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PlaceMalls
Super markets
Retails
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PromotionTV
Newspapers
Magazines
Doctors
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StrengthBrand ImageMarketing Strategies established by the
company are innovativeCustomersMore than 140 years in the industryWorld biggest brand, top brand in Fortune
500 listStrong marketing and advertising powerStrong brand loyalty
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WeaknessThe target market of Nestlé Nan Pro is upper
middle class & high class because of its premium price
Being a big global brand, Numerous controversies in different countries of operation can cause issues.
Strong competition by other brands
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OpportunitiesTo expand the baby food range, Nestle Nan
Pro GOLD is the latest addition to this product.
Introduce more health based food products to tap the health consciousness amongst consumers
Expand with focus on developing economies Try to capture the rural markets
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Threats From the competitorsThe present economic crisis in the world can
lead to decrease in sales.Stiff competition in all product segment
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Channels OnlineChemists/ Medical shopsSuper-Markets/ Hyper- MarketsDirect retailing through Nestlé
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GeographicCountry
Metro(city)
Town
Population Density
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DemographicAge
Income Level
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PsychographicClass Consciousness
Level of Education
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BehaviouralBenefits.
Attitude towards product.
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TargetingQualityHealth
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PositioningPremium product with a premium price
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4 O’sObject of Purchase (What)
Objective of Purchase (Why)
Organization of Purchase (Who)-
a) Initiator
b) Influencer
c) Decider
d) Buyer
e) User
Operation of Purchase (How)
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Philosophy that will sustain THE ProductBrand nameQualityValue
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“ OUR OBJECTIVE IS TO BE THE RECOGNISED AND TRUSTED LEADER IN NUTRITION, HEALTH AND WELLNESS , AND THE INDUSTRY REFERENCE FOR FINANCIAL PERFORMANCE”
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