BelVita Indulgence - Market Analysis and Recommendation
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Transcript of BelVita Indulgence - Market Analysis and Recommendation
BELVITA INDULGENCE
Jake Godgart, Emmeline Morehouse, Ian Karutz & Craig Angelson
“Treat Yourself to Health”
BACKGROUND
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Strengths • Brand Reputation
• Product Placement
• Distribution
• Financials
Opportunities • Acquisitions
• Healthy Products
• Social Media
• Reinvesting
• New & Emerging
Markets
Weaknesses • Dessert like Snacks
• Limited Focus
• Debt Ratio
Threats • Competition
• Slow Economy
• Substitutes
• Commodity Prices
• Habits
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SWOT Analysis – Nabisco Products
Nabisco Consumer Profiles
1.The Parent
2.The Person With “No Time”
3.The Healthy Eater
4.The Indulger
5.The Health Conscious Adult
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Original Concept
Mission
"New BelVita Breakfast Biscuits. Power up, People.
It's a new kind of Breakfast. With 18g of delicious
whole grain per serving and nutritious sustained
energy, new BelVita Breakfast Biscuits keep you
fueled up all morning long."
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BelVita Breakfast Biscuit
Fundamentally good product
o Strong results from the U.K.
Biscuit as a new concept
o Importance of Education
Great first response to health demand
Stronger commitment to health
Lacking specific targeted/consistent marketing
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Market Analysis
• Most Significant Groups
o Women
o Children
o Hispanics
• Who are the consumers of healthy foods?
o Age
o Gender
o Household Income
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6 Months
Total
Other
Nabisco Keebler
Men 94 78 102
Women 103 110 99
6 Months Total Other Nabisco Keebler
Magazine: Working Mother 116 *204 100
Magazine Types: Babies 115 *98 *155
TV Show Types: Daytime
Dramas 114 *121 *147
Cable Services: SOAPnet 112 145 *167
Magazines: Ladies' Home
Journal 111 160 *80
Web Sites: Shopzilla.com 111 145 *287
Women
Market Analysis
6 Months Total Other Nabisco Keebler
Web Sites: Univision 122 221 *31
Web Sites: Any Spanish Language Website 118 259 *51
Cable Services: Galavision 114 201 *54
Spanish Spoken at Home (most often or
other) 104 139 *106
Hispanics
6 Months Total Other Nabisco Keebler
Child age: 6-11 years 111 117 *95
Cable Services: PBS Kids Sprout 112 *115 *161
Magazines: National Geographic
Kids 111 *67 *205
Cable Services: Nickelodeon 110 122 *145
Children
Market Analysis
HHI $150,000+ 128
HHI $75,000-$149,000 111
HHI $60,000- $74,999 103
HHI $50,000- $59,999 92
HHI $40,000-$49,999 108
HHI $30,000-$39,999 89
HHI $20,000- $29,999 89
HHI <$20,000 78
Women 18-34 102
Women 18-49 110
Women 25-54 112
Age 18-24 56
Age 25-34 95
Age 35-44 110
Age 45-54 92
Age 55-64 113
Age 65+ 111
Healthy Food Consumers:
Looking at Dannon’s Activa
Proposed Target Market
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Women
Ages 45+
Household Income - $150K-160K
OUR SUGGESTION
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Our New Product – BelVita Indulgence
Same biscuits but with a drizzle of chocolate
• Infused with Vitamin D, Iron, and Calcium
• Fight osteoporosis, and anemia
Snack or breakfast food
• Heavy concentration on medical and health
characteristics
o Osteoporosis
• Very direct and targeted marketing
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PRODUCT
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• Introduce in Test Market January 2013
• Expand Q2 2013
• Launch National Q3 2013
• Target unserved demographics
• Shift focus of BelVita to health oriented
products for specific health related needs
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Objectives
County
• Test in Monroe County, NY (Determine market response)
3-6 Month
• Successful pilot product
• National Launch with PR blitz
• Endorsements, sponsorships and partnerships
National (with expectations of Global)
• Establish "good-for-you" rather than "better-for-you“
• Increase perception of Nabisco as health oriented
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Objectives
Primary
• Women 45+
• Prevent Osteoporosis
Secondary
• Working mothers 35-44
• Looking for a quick snack
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Target Indulgence Customers
Monroe County- Quick Facts
Population- 744,344
• Growth Rate- 1.2% (Over a 10 year period)
• More women (51.8%) than men (48.2%)
Ethnicity
• White -76.1%
• African American- 15.2%
• Hispanic- 7.3%
• Asian- 3.3%
• Reporting two or more ethnicities 2.6%
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• Cozy and Comfortable
• Prosperous Empty Nesters
• Exurbanites
• City Dimensions
• Rustbelt Traditions
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Monroe County – ESRI Profile
• Multi-Culti Mosaic
• Country Casual
• Pools and Patios
• Fast-Track Families
• City Roots
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Monroe County – Prizm Profile
Why Monroe County?
Population
• Broome and Onondaga Counties
Characteristics
Financially Comfortable
Media
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Product - Strategy
Appeal to older health conscious women
Fight Osteoporosis and anemia
Deliver health targeted snack that entices as a treat
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Product - Tactics
Biscuit fortified with higher concentrations of:
• Fiber
• Energy sustaining carbohydrates
• Iron
• Calcium
• Vitamin D
Targeted Packaging
• Show health benefits right at POS
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Placement - Strategy
Wide but conventional placement
Educate Customer at POS
Placement at both register and in isle
Placement with complementary goods
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Placement - Tactics
Grocery Stores and Convenience stores
• Displays for education
• Promotional coupons and pricing
Women's boutique stores
• Attractive and educational displays
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Promotion - Strategy
Promote BelVita line products
Promote awareness of health issues
Gain Influencer Awareness and Advocacy
Strategic Partnerships
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Promotion - Tactics
Education
Relationship with AARP
• Direct communication with target market
• Increased product credibility
Relationship with Strong Memorial Hospital
• Potential advocacy from doctors or nurses
• Not a medical product but health benefits
Use of local media outlets
• Social media not a main concern
• Higher demographic traffic locally Treat Yourself to Health!
Promotion – Mock Up Ad & Packaging
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Pricing - Strategy
Build Brand Awareness
Discounts and Packaging
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Pricing - Tactics
Buy-One-Get-One promotion
• Exposure to both products
Distribution of coupons through AARP
Distribution of coupons in local newspapers
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Start R&D
Start
Packaging
and
Marketing
Collateral
Start Talks with
Orthopedic
Professionals
Monroe
Product
Launch
Engage NOF
Partnership
with AARP
Ship Packaging
with NOF
Partnership
National
Product
Launch
Regional
Product
Launch
APRIL JUNE JAN APRIL JUNE
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Event Timeline
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QUESTIONS?
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