new product development - big babool

26
By – Sayali Mahadik 62

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Post on 12-Jun-2015

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new product development - marketing mix, swot analysis, product life cycle, tows model, STP.

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Page 1: new product development - big babool

By – Sayali Mahadik 62

Page 2: new product development - big babool

Contents

1. Introduction 2. Competitors3. Swot analysis4. Product life cycle5. Tows 6. STP7. Marketing mix

Page 3: new product development - big babool

Introduction Parent Company

Perfetti van Melle

Category Food Products

Sector Food and Beverages

Tagline/ Slogan Caring for excellence

USP A trusted brand name in the confectionary and

gum industry with a number of popular subsidiary brands

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Big Babol

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CompetitorsFUSION GUM

BOOMER

BUBBALOO

ORBIT

Page 7: new product development - big babool

SWOT AnalysisStrengths Weakness

•Major bubble gum brands •Available in over 120 countries•Attractive Packaging •High Quality product •Relatively low price•Different flavours

•Limited segment : targets only kids•Limited rural Market penetration

Opportunities Threats

•Innovation within the brand•Sugar free products•Tie-ups with hotels, restaurants etc

•Competition : international , domestic and local brands •Bubble Gums are considered childish•People moving on to more mint gums

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Product Life Cycle

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TOWS Matrix

STRENGTHS WEAKNESS

OPPORTUNITIES

S O StrategyMaxi-Maxi

W O StrategyMini-Maxi

THREATSS T Strategy

Maxi-MiniW T Strategy

Mini-Mini

Internal factors

External factors

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PT

S

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SegmentationPeople looking to have gum

1.DEMOGRAPHIC

Age• Children • Youth

Income • Affordable for all

income groups

2.GEOGRAPHIC

Metro cities• Mumbai• Delhi• Kolkata• Bangalore• Chennai• Pune

4years - 25 years

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Positioning • Fun filled chewing gum for fun loving

people• A chewing gum which “Bade Kaam Ki

Cheez”

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Marketing Mix

Product

Price

Place

Promotion

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Product

‘Big Babol Gumballs’

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Product Name : ‘Big Babol Gumballs’

Parent company : Perfetti Van Melle

Sector : Food

Category : Chewing gums

Tagline : “Bade Kaam Ki Cheez Ab Share Karo”

Variants:

USP : 1.Available in small and big packs/single gum

2.Gumballs easy to share

3.Different flavours in single pack

Page 17: new product development - big babool

PRICE

Premium

High Value

Super Value

Over Chargin

g

Medium Value

Good Value

Rip - OffFalse

Economy

Economy

HIGH MEDIUM LOW

HIG

HM

ED

IUM

LOW

Price

Qualit

y

9 P

rice

– Q

ualit

y

Str

ate

gie

s

Page 18: new product development - big babool

1. Single gum : 1 rupee

2. Medium pack : 5 rupees

3. Large pack : 10 rupees

1 2 3

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PLACE

• Metro cities : Mumbai , Delhi , Kolkata , Bangalore , Chennai , Pune .

• Malls : Food courts .

• Tie-ups with hotels / restaurants : Mc Donalds , Pizza Hut , Dominos etc .

• Schools / Colleges : canteens

• Retailers

In the form of gumballs dispenser

In all sizes and packs • Retailers • Food bazars / Food malls : Big Bazar , Dmart , Hypercity , Star Bazar Etc .

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PROMOTION

TVHoardingsInternetRadio

News papers Magazines

Animated Cartoon-Brand ambassador

OffersValue Packs

Advertising Sales Promotion

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“Bade Kaam Ki Cheez Ab Share

Karo”

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“Bade Kaam Ki Cheez Kabhi Bhi Kahi Bhi”

Available At A Store Near You !!!!

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Win

Scooby

Gifts

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Free Scooby

Tattoos

With Every Pack

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A Chance

To Meet

Scooby

And

Friends

Page 26: new product development - big babool

Thank you !!!