Introduction of new product launched by pepsico
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Transcript of Introduction of new product launched by pepsico
FRESH PUNCHLIVE IT UP…
Presented By:Abhinav Malik
Akhil Birdi
Neha Tyagi
OBJECTIVE OF TODAY’S DISCUSSION Objective
Overview about Company
Target Market-Segmentation
Product
Price
Place
Promotion
SWOT Analysis
Financial Analysis
Competitive Analysis
Why should company invest in Fresh Punch?
OVERVIEW ABOUT PEPSICO PepsiCo is a global food and beverage leader with net revenues of more
than $65 billion and a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales. Main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world
Goal is to nourish consumers with a range of products that deliver great taste, convenience and affordability, from simple treats to healthy offerings
PepsiCo India’s expansive portfolio includes iconic refreshment beverages Pepsi, 7UP, Nimbooz, Mirinda, Slice and Mountain Dew, in addition to low-calorie options such as Diet Pepsi, hydrating and nutritional beverages such as Aquafina drinking water, isotonic sports drink Gatorade and fruit juices such as Tropicana and Tropicana 100%
PRODUCT Fresh Punch is a non-alcoholic concentrated squash made with fruits, herbs
and vegetable extracts with no artificial color added.
Made with-Fruits(orange, citron, pineapple, apple, berries, strawberry, raspberry, loganberry, blackberry, cherry, concord grapes, blackcurrant and watermelon), Vegetables(Spinach, Carrot, Mint), Herbs, Roots, Flowers.
EASY TO MAKE •1 glass cold water•2 tablespoons of Fresh Punch•2 ice cubes
Note- A Refreshing, Delicious & Healthy Drink.It can also be used for making ice cream and faloodas also.
MARKET SEGMENTATION Market segmentation is the process in marketing of dividing a market
into distinct subsets (segments) that behave in the same way or have similar needs
Variables Used for Segmentation
1. Geographic variables
2. Demographic variables
3. Socio-economic variables
4. Psychographics
GEOGRAPHICAL VARIABLES Fresh Punch has no set geographic target area. By leveraging the benefits
of liberalization and integration of the markets of the world, FP will seek to serve both their customers.
Metropolitan Cities, major cities of the states, and towns.
Density of Area: Urban, Semi-urban, Rural.
Climate: Tropical
DEMOGRAPHIC VARIABLES Age – all age group
gender – Both Male and Female
family size - doesn’t matter
Education - doesn’t matter
Income – middle & hi end consumer
occupation – student, working and retired people
religion – doesn’t matter
nationality/race – doesn’t matter
language - doesn’t matter
SOCIO-ECONOMIC CLASS All class from A to C. Fresh Punch is consumed by the upper class, middle
class as well as the affording chunk of lower class. However, the major portion of consumers of this drink is formed by the middle class & lower class people, due to its affordability.
PSYCHOGRAPHIC VARIABLES Health Conscious- It will be manufactured using natural ingredients.
Usage- It will be consumed as cold drinks in summers during which period its sales are the highest.
Personality-
MARKETING OBJECTIVE & STRATEGY Product
Pricing
Place
Promotion
PRODUCT
PRODUCTType Squash
Features Fresh Punch is a 100 percent healthy drink which will be produced and marketed by PepsiCo
PLC Introduction Period
Identification Brand Name- Fresh Punch
PRODUCT LIFE CYCLEOur product lie in introductionperiod Low sales High costs per customer Negative profits Innovator customers Few competitorsObjective: to create awareness and trial Offer a basic product Price at cost-plus Selective distribution Awareness – dealers and early adopters Induce trial via heavy sales promotion
PLACE Distribution Channel
Product location availability –Density of areas(Urban, Semi-urban, Rural areas); Metropolitan Cities, small cities, towns.
Modes of transportation – Road Transportation
DISTRIBUTION CHANNEL
Within Region
Mumbai
DelhiChenna
iBanglore
Outskirts of Manali
Delhi
Chennai
Mumbai
Banglore
Manali
Manali
Manali
Manali
Manali
PRICING
PRICING POLICY Apply the concept of providing quality product at optimum price
Provide Lucrative discounts, deals and schemes
Adopt sales oriented objective
Have one price policy to maintain a goodwill among customers.
PRICING STRATEGY So, as a new comer our pricing strategy is to introduce our products in the
market at lower prices so as to create the huge demand in the market and to compete with other competitors.
As we come up in the demand, we will increase our prices and will provide more efficient and affordable juices
PRICING STRATEGY MATRIX
Penetration Pricing
• Our product will be lie on penetration strategy with high quality & low price
• For introducing new product • Price low to capture market share • Expect to make profit in volume
PROMOTION
LAUNCHING & PROMOTIONPromotional Tactics
Provide free samples in the market for the brand awareness
Use of social media
Promotion Mix- Advertising, Print Media etc.
ADVERTISING The following shows the advertising in the print media – to our target
audience by using the message showing a glass full of Fresh Punch “Drink this much every day!
• Cut throat competition
• Unstable government policies
• Participation with a growing industry.
• Fitness conscious people can be served by introducing sugar free drink.
• Ready to drink
• Seasonal availability of fruits
• Changing taste & preference
• Late entry into the market
• Adequate availability of raw materials
• Brand Loyalty• Price, a competitive
advantage• Natural Product
Strengths Weakness
ThreatsOpportunities
FINANCIAL Will be incorporated with an initial investment of Rs.15 cr (150 million)
COMPETITIVE ANALYSISIdentification Of Competitors - Hamadard (Roohafza), Kissan squahes. Tang,
Rasna.
Competitor Analysis
Market share
Comparison
Strengths & Weaknesses of Competitor
BIBLIOGRAPHY http://www.slideshare.net/aqibmaniar2011/roohafza
http://ibnlive.in.com/news/why-is-rooh-afza-every-indians-favourite-drink-7-things-that-show-how-deeply-were-in-love-with-rooh-afza/469970-79.html
http://marketingpractice.blogspot.in/2006/01/rasna-i-love-u-rasna.html
http://www.pepsicoindia.co.in/
http://www.pepsicoindia.co.in/company/our-mission-and-vision.html
http://www.slideshare.net/guest595aed/fresh-punch-new-product-strategy
THANK YOU