amul : strategies to relaunch exotica marketing perspective

Upload: geniusinsite

Post on 30-May-2018

230 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    1/14

    mul Ice Creammul Ice Cream-Re launching Exotica-Re launching Exotica

    ,December 5 2009

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    2/14

    Overvievervie%2

    2005 2006 2007

    2008 2009e

    Indian Market Size

    Market Share of MajorPlayers

    ,Launched in 1996 at Anand Gujarat

    Number 1 ice cream brand in India

    ,Real Milk Real Ice Cream

    -India s First Pro Biotic WellnessIce cream for the health

    &conscious Sugar Free Delight

    for Diabetics

    In USDmillion

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    3/14

    C Ana ly si sC A na lys is:eeds, , , ,Stated Real Unstated Delight Secret:ituations of Use, ,Parties evening walks after mealsecision Making Process

    rganised sector( ),Kwality Walls HUL

    ,Vadilal Industries,Baskin Robbins

    .regional players vizNaturals

    ompetitiveadvantages.1 Cost leadership.2 First Mover advantage

    . .e g ProBiotic.3 Brand name advantage

    norganised sectorFierce competition from

    the well establishedunorganised sector

    Suppliers.1 .2 12 million farmers.2 ,10 411 village level

    milk collectioncentres

    Complementors.1 Hotels.2 Catering houses.3 Corporations

    &istributorsDealers.1 ,70 000 retail outlets.2 3500 distributors.3 47 warehouses

    C u s t o m e ru s t o m e r

    C o m p e t i t o ro m p e t i t o r

    o l l a b o r a t o rl l a b o r a t o r

    High Involvement Low Involvement

    Few branddifferences

    Significant

    branddifferences

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    4/14

    Strengths

    Superior Brand Equity

    Highest market shareof 38% in ice creammarket

    Wide Productportfolio at low price

    Well spread coldchain distribution

    network

    Weaknesses

    Poor geographical

    coverage in rural areas

    Raw materials and theproduct itself (icecream) are perishableitems lack of good coldchain in rural areas

    Opportunities

    Few players in the

    premium segment icecream

    Low per-capita ice creamconsumption but risingincome levels in India

    Threats

    Low quality

    competitive pricing fromunorganised sector

    Foreign players in themarket targeting highincome consumers:Baskin Robbins,Haagen-Dazs

    conomicenvironment.1 Growing economy.2 Fast growth in

    households withdiscretionary

    spending power

    /olitical Legalenvironment.1 Economic

    liberalisationleading to entry of

    global majors

    -ocio culturalenvironment.1 Demographic dividend.2 Change in lifestyle

    C Ana ly si sC A na lys is

    C o m p a n yo m p a n y

    C o n t e x to n t e x t

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    5/14

    S e g m e n t a t i oe g m e n t a t i o n/Zones Region

    /Rural Urban

    City

    &Age Lifecycle

    Income- igh income- Mid income- Low income

    PsychographicPersonality

    Lifestyle

    Occasions

    Usage rate

    enefits soughBehavioural

    Geographic

    Demographic

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    6/14

    Malai Kulfi ExoticaBricks

    Candy Sugar-free ProBiotic

    Cones

    Dollies ProLifeCups

    Market

    Low Income -Mid Income High Income

    Product

    ar ge t Ma rk et S el ec ti oarg et Mar ke t Se le ct io n:m -o b e t h e b r a n d w i t h h i g h e s t v o l u m e w i s e m a r k e t s h a r e g l o

    :trategy Product portfolio to cover full market

    Can Amul eat intoBaskin Robbins share?

    :Survey results

    %1 surveyed do notassociate Amul withpremium ice cream

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    7/14

    Brandinrandin

    THINGS

    PLACESPEOPLE

    OTHER BRANDS

    Marriages,Parties

    Co-operative Movement, White Revolution

    Exotica

    Amul

    Amul Milk

    Ingredients

    Parent Company

    Extension

    CausesEvents

    Place of Origin

    Amul parlours

    Anand, Gujarat

    Milk producers in Gujarat

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    8/14

    Brandinrandin-Options for re launching Exotica

    New Brand

    -Sub brand

    Endorsedbrand

    Salience

    Performance

    Image

    ConsumerFeeling

    ConsumerJudgment

    BrandResonance

    ( )Consumer Based Brand Equity Model Keller for Amul Exotica

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    9/14

    Brandinrandinuilding Brand Equity for Exotica

    rand Elementss to premium

    & :logannal connect of Amul with consumers, , ilk Real Cream Real Ice Cream

    & :ing Designtive packaging

    :ersona, ,h Pleasing sumptuous

    Communication

    :dvertisements,Television print and Internet

    :R ChannelFrequent press releases

    ngagement with consumers:romotional events

    ,Malls colleges

    :eedbackPeriodic feedback from consumers

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    10/14

    P Ana ly si sP A na lys isP r o d u c tr o d u c t

    ClassificationConsumer goods

    category

    - Impulse good

    Differentiation.1 : -Form Take away pack.2 : ,Features Rich taste

    less overrun.3 High quality andconsistency

    roductDevelopment.

    1

    LineExtension

    Swirl Sticks Cones Malai Kulfi Bricks Cups Novelties

    Swirl(Cheese & Magic, BlackCurrant)

    Frostik(Chocobar)

    Tricone(Butterscotch,Chococrunch)

    Masti Kulfi Exotica Vanilla Cassatta

    Swirl Magic(Vanilla MagicStrawberry, VanillaMagic Chocolate)

    Candy(Lemon & OrangeStamina)

    MegabiteAlmond

    Kesar

    Shahi Pista Strawberry AlphonsoMango

    Hum Tum

    Double Swirl(Kiwi & Passion Fruit)

    Dollies(Raspberry, Mango)

    Chocochips Chocolate Sweetheart

    Kesar PistaRoyale

    Kesar PistaRoyale

    Cake Magic

    mul Ice Cream Product Portfolio

    roductPackaging.

    1

    Attractivetubs

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    11/14

    P Ana ly si sP A na lys isP l a c el a c e

    mul ice cream available in.1 Amul stores.2 Amul scooping parlours

    .3 General Stores.4 Push Carts

    ecommendations for Exotica. . .1 Selected channel partners e g supermarkets.2 Scooping parlours

    %5 of those surveyed preferredpurchasing remium ice creamfrom parlours

    P r i c i n gr i c i n g

    ey contributor to Amul s success( )ricing Objectives Amul.1 Goal of arket Penetration

    .2 Aim is to be the market leaderin all product categories

    ricing Objectives( )xotica.1 Goal of arketPenetration.2 Pricing to reflect

    premiumstatus

    ( )ricing Method Exotica-Mark up pricing currentlyecommended Pricing

    Reason Price

    Price of Amul normal chocolate ice cream (reference) 95

    Price Premium for extra creaminess 25

    Superior packaging 20

    Amul Exotica Premium brand value (after promotion) 30

    Amul Exotica Price to cover its normal value Rs 170/- per litre

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    12/14

    r o m o t i o no m o t i o nMedium.1 Hoardings

    .2 Banners in /supermarkets stores

    .3 Print

    Offers. ,1 Buy One Get One free

    (entire range of family)packs.2 Two Liter Super Saver

    packs

    ther Suggestions forExotica.1 Scratch cards with minor

    prizes. - -2 Free on the spot trial

    scoops

    Market- Upper middle income group

    Mission- Creating brand awareness

    -

    Message- Highlight key differentiating factors of E

    Moneyease advertisement budget for Exotica

    Media- Television commercials-Print-Internet

    Measurement-AIDA (model A ,wareness I ,nterest DesirA )ction-

    -

    M s for Marketing Communication Plan for Exotica

    P Ana ly si sP A na lys is

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    13/14

    &us tom er Acq ui si ti on R et en ti o&us tom er A cq uis it io n Re te nt io nalue for money

    - Competitive pricing- Weak on PQ schema

    ntry into new markets- Entering premium segment to broaden customer baseedia Publicity- Focused publicity campaign for Exoti

    se of Technologyreness about existing option of online ordering

    romotional Offers- Trade promotion- Scratch cards with minor prizes- - -Free on the spot trial scoops

    pecial Retail Outlets- Scooping parlours

    ustomer Retention- Increased Product Variety

    - Increased convenience to the customer- Engaging customers

  • 8/14/2019 Amul : Strategies to relaunch Exotica Marketing perspective

    14/14

    Thank You