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Presented By:-• Meghna P• Goldy Hirawat• Manish Negi• Ashis Kyal• Deepak Rai• Poonam Mishra
2-Minutes Noodles
About Nestle
Founder Switzerland Headquarter
Established
in 1867
Nestle Motto is “Teamwork with responsible leadership”
Nestle is people & product oriented.
Nestle practiced * Transformational Leadership style. * Transactional Leadership style.
Leadership Style
Logo Evolution
1868 1868 1938
196619881995
2015 2016
Introduction of Maggi Swiss Public Welfare Society
asked Julius Maggi to create a vegetable food product that would be quick to prepare and easy to digest.
In 1863, Julius Maggi developed a formula to add taste to meals, which later paved the way for Maggi and other easy to make food products.
The original company came into existence in 1872 in Switzerland, when Julius Maggi took over his father’s mill.
However, in India it was launched in 1980s by Nestle group of companies. Maggie had merged with Nestle family in 1947.
Branding StrategyMaggi comes with “Line Extension” strategy for
its product “Noodles”Line Extension with different Variants
Line Extension with different Pack Size
Market Penetration Strategies
Campaigns in school
Advertising strategies:
Focusing on kids Focusing on
Working Women
Conducting regular market research
SUPPLIERSDistributors, Raw
material suppliers,Packaging
INDUSTRIAL RIVALRYYippe,
Patanjali etc.
NEW ENTRANTSFoodles, Soupy
Noodles
SUBSTITUTESChowmein, fast
Food, Pasta
BUYERSCustomer of
Mind-set, Brand image
Porters Five Force Model
Market Development Strategies
Customer Relations
Capturing New
Customer Base
Price Incentives
Continuous process
innovation
Strong dealer vendor relation
Good Packing
Brand Positioning Nestle Unleashed Maggi in India in
1982
Nestle’s iconic brand: they have 57% of market share.
First-mover advantage in the instant noodles segment helped Maggi to retain their market leadership over the years.
Advertising taglines like “Mummy, bhookh lagi hai”, “Bas 2-Minute” and ‘Fast to Cook Good to Eat’ (in 1990s) easily positioned Maggi in the minds of target consumers.
NIL has started to offer aggressive discounts and incentives to retailers on Maggi.
Brand Repositioning After the company was banned from
selling the product in India, Maggi had to undergo tests in three government-accredited laboratories in Jaipur, Hyderabad and Mohali, as ordered by the Bombay High Court prior to commencing sales in the market.
The Swiss food major has also partnered with online marketplace Snapdeal for selling Maggi.
They promoted Maggi by providing free samples from their web site.
This time they didn’t came with any brand ambassador, they use emotions of their costumers for repositioning their brand.
#WeMissYouToo
Brand CommunicationAdvertisement Public Relationship
Sales Promotion Interactive Marketing
Company Brand Vs.
Competitors Brand Consumption of different noodle brand by consumers:-Maggi
Yippee
Patanjali
KnorrTop Ramen
Cup NoodlesScoopiesWai Wai
Focus on creating distinctive image, based on twin benefits of “INSTANT” and “HEALTHY” with emphasis on health conscious
and rural market.
Conduct promotional campaigns at schools in small towns.
Strengthen the distribution channel of the rural areas.
Suggestion & Recommendations
Interesting @Maggi
• Who is the Man behind Maggi?
• Maggi destroyed 550 tonnes worth 54 crores of its noodles due to lead controversies.
• The person who filed the case on Maggi is Sudhir Kr. Ojha
• Nestle’s 30% revenue came from Maggi noodles in 2014
• Instant and quick date with Maggi