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The Rs 100 crore packaged fruit juice market isThe Rs 100 crore packaged fruit juice market is
estimated to be growing at 20% to 25% annually.estimated to be growing at 20% to 25% annually.
The market can be categorized in terms of productThe market can be categorized in terms of product
content and there are three major product contentscontent and there are three major product contentsavailable.available.
Drinks: Juice with pulp content less than 40%,Drinks: Juice with pulp content less than 40%,
Nectars: Juice with pulp content between 40 - 80%,Nectars: Juice with pulp content between 40 - 80%,
Juices: Juice with pulp content more than 80%Juices: Juice with pulp content more than 80%
Major player and their brands:Major player and their brands:
Pepsi with its brand Tropicana. Pepsi with its brand Tropicana.
Dabur foods with its brand Real. Dabur foods with its brand Real.
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Market Share ofMarket Share of
CompetitorsCompetitors
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The women of the house and children are an importantThe women of the house and children are an important
influencing factor in todays scenario. As the fruit juiceinfluencing factor in todays scenario. As the fruit juice
contains lots of health benefits, the women who care forcontains lots of health benefits, the women who care for
her family wants her family to be healthy and so are theyher family wants her family to be healthy and so are theyare targeted.are targeted.
The children are attracted to the beautiful ads andThe children are attracted to the beautiful ads and
demand for the products as they want to experimentdemand for the products as they want to experimentthings just for the sake of it or for their self satisfaction.things just for the sake of it or for their self satisfaction.
The youth are the most who like to try out new andThe youth are the most who like to try out new and
different products. Todays youth are the most healthdifferent products. Todays youth are the most health
conscious and put in lots of efforts to be healthy. So evenconscious and put in lots of efforts to be healthy. So even
they are an important target audiencethey are an important target audience.
In- home consumption, This group of people buys fruitIn- home consumption, This group of people buys fruit
juices for home consumption and in many case treated asjuices for home consumption and in many case treated as
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Out of home consumption:
This consumption pattern is usually observed in
people who feel the need to quench their thirst,get refreshed or both. These types of people areimportant. the people who will try the product insmall quantity and give us an in road in the home
for in home consumption, which is our focus area.
If this segment is satisfied then they will startpersonal use of fruit juice and they will also act asa source of mouth - to - mouth publicity, which isconsidered to be one of the best in its kind.
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Introduction of product
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Selection of the product
The product selected is Juice and our brand name isAAAAAAA
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ProductProduct Fresh Punch is a 100 percent fruit juice which will beFresh Punch is a 100 percent fruit juice which will be
produced and marketed by the FP Agro Industries Ltd.produced and marketed by the FP Agro Industries Ltd.
Fresh Punch will produce juice in the followingFresh Punch will produce juice in the followingvarieties :varieties : Sea buckthornSea buckthorn
ApricotApricot Passion FruitPassion Fruit KiwiKiwi PomegranatePomegranate AppleApple
OrangeOrange PineapplePineapple GrapesGrapes GuavaGuavaMangoMango
Mixed FruitMixed Fruit PearPear
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FINANCIALFINANCIAL
Will be incorporated with an initialWill be incorporated with an initial
investment of Rs.10 crinvestment of Rs.10 cr
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VISIONVISION
To be capable to deliver the rangeTo be capable to deliver the range
and quality of Juice which the customerand quality of Juice which the customer
demands, which can only be fulfilled bydemands, which can only be fulfilled by
the modern technology which will havethe modern technology which will have
the scale and worldwide presence to dothe scale and worldwide presence to do
so competitivelyso competitively
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MISSIONMISSION
To be a leading producer of fruit juicesTo be a leading producer of fruit juices
based on dedication to nature, corporatebased on dedication to nature, corporate
and process hygiene, dynamic leadershipand process hygiene, dynamic leadership
and commitment to our partners andand commitment to our partners and
stakeholders.stakeholders.
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Adequate availability of rawAdequate availability of rawmaterialsmaterials
High consumer retention rateHigh consumer retention ratePrice, a competitive advantagePrice, a competitive advantage
Natural productNatural product
Seasonal availability of fruitsSeasonal availability of fruitsBrand acknowledgementBrand acknowledgementLimited financial resourcesLimited financial resourcesLate entry into the marketLate entry into the market
Participation with a growing industry.Participation with a growing industry.Competitive advantage over carbonatedCompetitive advantage over carbonated
soft drinkssoft drinks
Wellness awareness amongst consumersWellness awareness amongst consumersCommonwealth Delhi 2010Commonwealth Delhi 2010
Success of incredible India campaignSuccess of incredible India campaign
Cut throat competitionCut throat competitionUnstable government policiesUnstable government policiesGlobal warmingGlobal warming
- Scarcity of raw material- Scarcity of raw material
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POLITICALPOLITICAL
Tax LawsTax Laws
Stability of GovernmentStability of Government
Law of hiring and promotionLaw of hiring and promotion
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ECONOMICECONOMIC
Increasing GDPIncreasing GDP
Burgeoning middle classBurgeoning middle class
Higher Disposable Incomes, hence more consumerHigher Disposable Incomes, hence more consumer
buying powerbuying power
Easy availability of loans from banksEasy availability of loans from banks
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SOCIOCULTURALSOCIOCULTURAL
Changing consumer habits & lifestyles - The IndianChanging consumer habits & lifestyles - The Indian
consumer of today is clearly seeking healthierconsumer of today is clearly seeking healthier
alternativesalternatives
Consumer buying behaviorConsumer buying behavior
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TECHNOLOGICALTECHNOLOGICAL
Advancement of newer technologyAdvancement of newer technology
Government providing thrust on R&DGovernment providing thrust on R&D
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STPSTP
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Market SegmentationMarket Segmentation
Market segmentation is the process in marketingMarket segmentation is the process in marketingof dividing a market into distinct subsetsof dividing a market into distinct subsets(segments) that behave in the same way or have(segments) that behave in the same way or havesimilar needssimilar needs
Variables Used for SegmentationVariables Used for Segmentation
1.1. Geographic variablesGeographic variables
2.2. Demographic variablesDemographic variables
3.3. Psychographic variablesPsychographic variables4.4. Behavioral variablesBehavioral variables
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Geographic variablesGeographic variables
Product nameProduct name has no set geographic target area.has no set geographic target area.product nameproduct name will seek to serve metro city in Indiawill seek to serve metro city in Indiaand slowly expand our business in all city in Indiaand slowly expand our business in all city in India
Metropolitan Cities, major cities of the states, andMetropolitan Cities, major cities of the states, andtowns.towns.
Density of Area: Urban, Semi-urban, Rural.Density of Area: Urban, Semi-urban, Rural.
Climate: TropicalClimate: Tropical
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Demographic variablesDemographic variables
Age all age groupAge all age group
gender Both Male and Femalegender Both Male and Female
family size - doesnt matterfamily size - doesnt matter
Education - doesnt matterEducation - doesnt matter
Income middle & hi end consumerIncome middle & hi end consumer
occupation student, working and retired peopleoccupation student, working and retired people
religion doesnt matterreligion doesnt matter
nationality/race doesnt matternationality/race doesnt matter
language - doesnt matterlanguage - doesnt matter
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Psychographic variablesPsychographic variables
PersonalityPersonality NoNo
LifestyleLifestyle YesYes
ValueValue YesYes
AttitudeAttitude YesYes
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Behavioral variablesBehavioral variables
benefit soughtbenefit sought
product usage rateproduct usage rate
brand loyaltybrand loyalty
profitabilityprofitability
income statusincome status
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Contd..Contd..
Users perceive fruit juice as a healthy drink.Users perceive fruit juice as a healthy drink.
Users drink fruit juice as a refreshing alternative toUsers drink fruit juice as a refreshing alternative tocarbonated drinks.carbonated drinks.
Users willingly spend on products related to healthUsers willingly spend on products related to healthand lifestyle.and lifestyle.
Users enjoy fruit juice not only as a means ofUsers enjoy fruit juice not only as a means ofhealthy life, but as an intrinsically enjoyablehealthy life, but as an intrinsically enjoyableactivity in itself.activity in itself.
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Primary MarketPrimary Market
Kids Fond of Fruit Juice (fond of mango, strawberry)Kids Fond of Fruit Juice (fond of mango, strawberry)
Teens More experimentalTeens More experimental
Youth Experimental and more buying powerYouth Experimental and more buying power
Working PeopleWorking People
HousewivesHousewives
Elderl eo leElderly people
TARGET MARKETTARGET MARKET
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Secondary MarketSecondary Market
Travel Industry Airlines, Railways and LocalTravel Industry Airlines, Railways and Local
Transport SystemsTransport Systems
Recreational Movie Theatres, Malls, AmusementRecreational Movie Theatres, Malls, AmusementParks, school, collages, hotels, restaurants, barsParks, school, collages, hotels, restaurants, bars
etc.etc.
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Competitor AnalysisCompetitor Analysis
Tiger Competitor Counter attack every
strategy
Aggressive Few in number example: Coca-Cola,
PepsiCo
Strategic Competitor Reacts to a select
strategy Mediocre
example: Parle Agro
Stochastic Competitor Unpredictable Weak in nature; can
become strong example: Mother Dairy
Laid Back Competitor Confident about their
product
Defensive Generally monopolies Brand Loyal Customers example: Dabur
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Total cost per kg = Rs.28.20/-
Units produced per kg = 4 NosPer unit production cost= 28.20/4=Rs.7.05/-
Packing per Juice= Rs.1.15/-Per straw = Rs.0.08/-Card board box for 27 juices = .21* 28 =5.88Total packing cost per juice pack =1.15+.21 = Rs.1.36/-Total cost per juice pack =
7.05+1.36+.08= Rs.8.49/-
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Pricing Policy
Apply the concept of providing quality product atoptimum price
Provide Lucrative discounts, deals and schemes
Adopt sales oriented objective
Have one price policy to maintain a goodwill
among customers.
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Pricing Strategy
So, as a new comer our pricing strategy is tointroduce our products in the market at lowerprices so as to create the huge demand in themarket and to compete with other competitors.
As we come up in the demand, we will increase ourprices and will provide more efficient andaffordable juices
Company Brand Flavor Retail margin
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p y g
Pepsi co. LTD Tropicana Orange,Nature,Sweet,Apple,Grape, Pineapple,
Tomato, MixedFruit.
1.40
Dabur Real, Real Active Grape, Guava,Orange, Pineapple,Tomato, MixedFruit, Litchi, Mango,
Orange, Apple
1.80
Coco Cola Maaza Mango 1.60
Parle Agro Frooti, Appy Mango, Guava,
Pineapple,Strawberry &Orange, Apple
1.10
Godrej Foods JumpinReXs
Orange, Apple 1.40
Hindustan Grapy Red Grapes, Litchi, 1.20
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Pricing Strategic Matrix
Penetration Pricing
Our product will be lie
on penetration strategywith high quality & lowprice
For introducing new
product Price low to capture
market share
Expect to make profitin volume
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Launching and Promotion
Promotional Tactics
Provide free samples in the market for the brand
awareness
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Advertising
The following shows the advertising in the printmedia to our target audience by using themessage showing a glass full of juice Drink this
much every day
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Long-Term Strategy
Change beverage choices in vending machines atschool and collages
Assess the financial impact on school and collageprofits
Identify approaches to promote healthful beveragechoices and maintain profits for schools andcollages
Targeting
3,500 in smallest school and collages
all metro city in India.
20, 000 in largest school and collages
all Metro city in India
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Contd.
Change advertising onbeverage vending machines
Change beverage choices towater, sports drinks, and100% fruit juices
Collect and submit monthlyfinancial data from schooland collages
Provide a Rs. 3,000 incentiveper school in the project
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Factors to Consider - VendingMachines
Location of current vending machines
Power sources
Marketing strategies
Size of Cans and or Bottles Cans, Bottles, or both
Pricing strategies
Lower for healthier choices
Price all beverages the same
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for trisor advertisement of
5sec.
We will tie up with PVR cinemas to increase ourWe will tie up with PVR cinemas to increase ourbranding.branding.
Will be putting up vending machines in every pvrWill be putting up vending machines in every pvr
cinemas like Bengalooru, Gujarat, Hyderabad,cinemas like Bengalooru, Gujarat, Hyderabad,
Maharashtra ,etc.Maharashtra ,etc.
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A new client approaches you
Illustrative Global shares of
display advertising revenue
Source: ZenithOptimedia
Illustrative Global shares of
display advertising revenue
Source: ZenithOptimedia
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We consultant -analyses what theyare spending onMedia.
You do the marketresearch & advisethem on the scopefor improvement.
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Communications elements
codecode
idea meanings
decodedecode
Promotional mix
Which channels/media?
Promotional mix
Which channels/media?
Methods/mediaMethods/media
receiverreceiversendersender
Confused & conflicting messages from a Babel of sources?
IMC to cut thru the noise42
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Selecting Advertising Media
Reach. % of people exposed to
the advert
Frequency. Number of times a
person is exposed toadvert (sees it)
Media impact
the qualitative value ofa message exposurethru chosen medium
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Value add service
AAAAAAAAAAAAAA
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AAAAAAAAAAAAAA
Serving Size:1Serving Size:1
Containerper :125 mlContainerper :125 ml
Energy : 54 kcalEnergy : 54 kcalProteins : 0.5gmProteins : 0.5gm
Fats : 0gmFats : 0gm
Carbohydrates : 13gmCarbohydrates : 13gmNatural Fruit Sugars :Natural Fruit Sugars :
8.2gm8.2gm
Added sugar : 1.8gmAdded sugar : 1.8gmVitamin C : 12.5gmVitamin C : 12.5gm
Sodium : 40mgSodium : 40mg
Potassium : 70mgPotassium : 70mg
Calcium : 5m Iron :Calcium : 5m Iron :
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Pull:A pull selling strategy is one that requires high spending on advertising andconsumer promotion to build up consumer demand for a product. If thestrategy is successful, consumers will ask their retailers for the product, theretailers will ask the wholesalers, and the wholesalers will ask the producers.(promote first (personal selling?) to marketing channel members, becomeinvolved in promotion to end-user.)
Push:
A push promotional strategy makes use of a company's sales force andtrade promotion activities to create consumer demand for a product. TheFreshness India promotes the product to wholesalers, the wholesalers promoteit to retailers, and the retailers promote it to consumers.(seller promotes to stimulate demand, exerts pressure on distributionchannel )
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Pulling and Pushing Strategies