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India is a tropical country and has accorded a favorable reception to thirst quenchers such as fruit juices and aerated drinks. India is a market of diversity diverse with regards to incomes, price points of products, culture and preferences and a marketer has to get use to these diverse characteristics of the market.
Juice is to a great extent considered as a luxury not a necessity in our society, surely but slowly things are changing mainly in the urban and semi urban areas, where the population is getting more and more health conscious and are realizing the important nutrient values of fruit and are making them a part of their daily diet.
MARKET ANALYSIS
Although fruit drinks focus strongly on out of home consumption, the juices and nectars have been concentrating on takeaways or in-home consumption with more choice coming in, the tetra- pack market is likely to witness further segmentation. Packaged fruit juices are getting recognized as social drinks now, with dominant consumption being observed in the company of family and friends. People have started to perceive fruit juices as anytime beverages, with consumption being spread more or less evenly between the mid mornings, afternoons and evenings. And generation now is as much inclined to sipping fruit juices as colas, with teenagers driving the maximum trials.
VISION
Our vision is to continually improve all aspects of our business and the world but not on the cost of our environment. Launching The Product In the urban markets and then penetrating in the rural markets. Provide the customers 100% pure health juice
COMPETITORS
Parle Agros Frooti, a mango drink, was introduced in the tetra pack in 1985 and since then has been a leader in its segment. The market has suddenly picked up since 1994- 95 and a few players have emerged as market leaders. Other products Milk by- products like buttermilk and lassi also serve as major substitutes. They compete in terms of low price as well as easy availability. These drinks are also considered important from the health perspective.
COMPETITORS
There are two main brands in this segment of non- carbonated drink markets; they are Real from Dabur and Tropicana from PepsiCo. These two players command around 80% market share in the organised sector.
Product Description.
Ingredients. Sugarcane, permitted stabilizer Packaging Tetra Pack
PRODUCTS
Sugarcane juice. Rich in vitamins and proteins. Provides nutrients All season health drink. Reduces dehydration in summers.
PRICE
Price is inclusive of several elements like, Labour cost. Processing cost. Packaging cost. Advertising & promotional cost. Transportation cost. Taxes etc
PLACE
Targeting urban market and rural. 1st marketing the product in Mumbai. And then reaching it to the rural and remote areas of maharashtra.
Promotes itself with the help of print media. Promotion through banners and hoardings in major crouded areas of mumbai. Supplying free samples for product testing to penetrate into the market. Providing TV ads.
PROMOTION
Customer Service:
The company will provide information on the various health benefits offered by the drink.
5M
1. 2. 3. 4. 5. Mission Money Media Measurement message
MISSION
Our mission is to be the worlds premier consumer products company and providing quality products to consumers, ensuring value for their money. And in everything we do we strive for honesty fairness and integrity.
2011- 2012
STP
SEGMENTATION Geographic : urban and rural areas in india Demographic : all income groups Psychographic : (ATTITUDES & BELIEFS) basically for quenching thirst, economical product. specially the health conscious.
STP
TARGETING People of all Age and Income groups. The "Value Conscious" people. the health conscious.
TARGET MARKET : Two major target markets for ready-to-drink sugarcane juice. One group is the consumers on the go. These are the employees, students, and other consumers who lead a busy lifestyle. The hectic Indian lifestyle demands for optimize productivity with lesser time-consumption. Thus, there is a need for products that are accessible and readily available. The other group is made up of health conscious consumers, specifically the younger who demand anything healthy.
STP
POSITIONING - Tagline SMALL INNOVATIONBIG REVOLUTION! - Vision of the future. - Great to the taste buds as well as easy on the pocket. At the same time being trendy in style (packaging).
MARKET SEGMENTATION The bases for segmenting consumer markets include: Demographical bases 1. Age All age groups 2. Family size 1-2,3-4,5+ 3. Life cycle - Young, single married under 18 older 4. Occupation Professional ,proprietors, clerical sales persons
ANALYSIS
Logistics of procurement Short self life. Completely dependent on villages for its raw material. Salaries offered is less compared to competitors
Value addition. Export potential. Use internet to sell its products. Introduced hybrid products in the market. Exploring foreign markets
Juice vendors, the un-organized sector Strong competition from MNCs The yield of sugarcane. Fluctuation in prices
PARTICULARS Advertising through newspaper Advertising through television Contest Free Samples Total
TOTAL COST
Sales Forecast: The estimated sales of 1,00,000 tetra packs of 200 ml for 4 months Break Even Analysis: Total Expense / Cost of one bottle TOTAL EXPENSE / 10 = So the break even could be achieved after selling ------- packs.
Pre-Launch Marketing seminar for the local network of distributors to discuss the marketing strategy and implementation of the product. Supplying the product to local addresses to constitute the first stock (wholesale/retail)
Launch Launch of the product on -20th March 2011---- Promotion & Advertising Campaign.
Post- Launch Monitor the sales on weekly basis to interpret the market share and sales revenue compared to the forecast.
Newspaper ads: 400sq.cm Advertisement will be given on 18th and 19th of March , 2011 Name of newspaper Times Of India DNA Loksatta Days/ Dates 2 (Tuewed) 2 (Tuewed) 2 (Tuewed) Rate per sq.cm(Rs) 2,400 240 1,200 Calculations 400x2x2400 = 19,20,000 400x2x240 = 1,92,000 400x2x1,200 = 9,60,000
Television ads: 15 seconds Advertisement will be given on 18th and 19th of March , 2011
Name of newspaper
Days
2 (Tuewed) 2 (Tuewed)
Source: www.startv.com
HOARDING. 1st March to 1st April Mulund (Station exit) 16x8-- Rs17,000/month Bhandup (station) 16x8-- Rs15,000/month Thane (unipoles, Nitin flyover) 30x15-- Rs50,000/month
Source- GUJJU ADs
Returns on Investment
Particulars
200ml Tetra Pack
Revenue
10,00,000 10,00,000
TOTAL REVENUE
Return on Investmnet = Total Revenue Total Expense = 10,00,000 Approximately ----- % profit on and against investment.