new marketing strtegy for 5star

25
PRESENTING: By Divya Gandhi

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5 Star, Marketing strategy

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Page 1: New Marketing strtegy for 5star

PRESENTING:

By Divya Gandhi

Page 2: New Marketing strtegy for 5star

Parent Company : Cadbury

Launched in: 1969

key properties :classic Gold color

Market share : the second largest after Cadbury Dairy Milk i.e. 14%

Introduction:

Page 3: New Marketing strtegy for 5star

STRENGTHS•Big brand name Cadburys•Excellent reach and distribution•Distinct Taste

WEAKNESS • Food products have a limited shelf life•Not too many flavor Options

SWOT Analysis :

Page 4: New Marketing strtegy for 5star

Opportunity •Untapped rural markets•Leverage Cadburys successful brand

Threats•Sweets as substitutes•Imported Chocolates likes Mars and local threats as BarOne•Other branded and local chocolate manufacturers

SWOT Analysis : (Cont …)

Page 5: New Marketing strtegy for 5star

dairy milk5 star

perkdairy milk

shots

30

10

55

10

25

55

510

2025

55

20

15

1 2 3 4

Research Analysis

chocolates

Rank the following Cadbury chocolates:

Page 6: New Marketing strtegy for 5star

Have you heard about flavors of 5 star:

Research Analysis (Cont) …

70%

30%

yes no

Page 7: New Marketing strtegy for 5star

If yes Rank the following:

Research Analysis (Cont) …

5 star 5 star crunchy

5 star fruit n nut

0%

20%

40%

60%

80%

100%

321

chocolates

Page 8: New Marketing strtegy for 5star

Are they easily available near you:

Research Analysis (Cont) …

yes70%

no30%

Page 9: New Marketing strtegy for 5star

Would you prefer any more flavors:

Research Analysis (Cont) …

yesno

Page 10: New Marketing strtegy for 5star

Factors affecting decision making process

Research Analysis (Cont) …

44%

28%

14%

8%

4% 2%

factors

ads

Attractive display

occasion

suggestion from friend

brand Ambassadors

Ingredients

Page 11: New Marketing strtegy for 5star

Introducing this Diwali

Page 12: New Marketing strtegy for 5star

Segmentation

Geographical

Country: India

Metro city

Villages

DEMOGRAPHICS

AGE:- primary : above 12 years; secondary : above two years.

GENDER:- male/ female.

INCOME:- 5000 per month and above.

EDUCATION:- primary, secondary, undergraduate, graduation, post graduation, uneducated.

SEC:- lower middle, middle, upper middle.

Page 13: New Marketing strtegy for 5star

Segmentation (cont) …

PSYCHOGRAPHICS

LIFESTYLES:- people with sweet tooth, people who travel, when people feel low

Behavioral

Occasion: Diwali Rakhsha Bandhan etc.

People looking to have a  chocolate which is high in quality and moderately priced

Page 14: New Marketing strtegy for 5star

Target customers – Upper middle, Middle,

Lower class

5 star will be into Selective Specialization

5 star Basket for Upper middle class

5 star home pack for middle class

5 star toffees for Lower class

This type of Targeting means targeting

different markets with different products.

Targeting

Page 15: New Marketing strtegy for 5star

Trusted and High quality product

A chocolate which takes you to a different world of dreams

Positioning

Page 16: New Marketing strtegy for 5star

Four P’s of Marketing Mix

Page 17: New Marketing strtegy for 5star

Product A basket which

includes all three flavours.

5 star (all three flavors) now in toffees as well

Page 18: New Marketing strtegy for 5star

5 star in a home pack in a home pack which contains 10 chocolates

Product (cont) …

Page 19: New Marketing strtegy for 5star

Will be available in A small kirana shops, big kirana shops, general stores, super markets, Panwala Shop etc.

Thus have one strong distribution channel to provide products to the retailers.

Place

Page 20: New Marketing strtegy for 5star

Distribution channelCompany

Clearing and forwarding

agents

Distributor

Wholesaler

Retailer

Malls and

hyper markets

Customer

Page 21: New Marketing strtegy for 5star

PriceBased on competitors price

5 star basket: 54 chocolates for 250 Rs.

5 star toffees: 1 Re. each

5 star home pack: 10 chocolates for 80 Rs.

Page 22: New Marketing strtegy for 5star

Got a huge family ????

This Diwali make them happy by getting a cadbury 5star basket

Page 23: New Marketing strtegy for 5star

Cadbury 5 star now available in

toffees….

This Diwali make him smile by just spending a rupee…

Page 24: New Marketing strtegy for 5star

The duration of campaign of cadbury 5-star is for 1 month.

It starts from 1st November to 30th November. The medium used to promote is magzines, radio

channels, tvc, hoardings.

Strategy for promotions

Page 25: New Marketing strtegy for 5star

Thank you…