Nestle Kit Kat

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Transcript of Nestle Kit Kat

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    Ekaterina Eskova gr. 11150

    "Have a break...have a Kit Kat"

    What is a brandname?

    Kit Kat brand

    - Product strategy

    - Promotion Strategy

    Products

    Product life-cycle

    Success of thelaunch

    Conclusion

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    What the Brand Is...Brands products or firms whose namesand/or logos are readily recognised andassociated with particular characteristicsBranding - is the process of using a name, sign,symbol or other creative element to identify aproduct and emphasise its position in themarket

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    Brand name:can be achieved using a company namepromises the consumer particular benefitsconsidered by a company to be its most

    important intangible assetbecomes paramount to a product's success

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    Kit Kat is the UK's best-selling chocolate bar. The history ofKit Kat emphasises the importance of successfully managedbrand names to the company that owns them. Nestl wasprepared to pay a record price to acquire Rowntree in 1988because of the prestigious brands in Rowntree's productportfolio. Kit Kat was an important part of the portfolio. Internationally, Kit Kat is now also manufactured in Canada,Germany, India, Malaysia, China, Japan, Australia, SouthAfrica and the United States. It is available in more than 100

    countries throughout the World.

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    chocolate fingersfoil and band wrapping, unique in thecountlines market and seen as animportant feature which encourages

    involvement and sharing by consumerswell-known strapline - Have a Break,

    Have a Kit Kat.

    Product Strategy

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    Kit Kat's advertising is concentrated in two media:television commercials- which follow the well-knownHave a Break tradition

    posters- where the powerful colours of the pack andproduct are used to dramatise the message A particular challenge for the advertisers is to appeal to

    both the consumers and the purchasers Women account for two thirds of all confectionery sales,but a large proportion of these purchases are subsequently

    consumed by children

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    Products

    Ice Cream ChunKy Kit Kat Bar Kit Kat Snacks Kit Kat Gift Packs Frozen Desserts Pop Chocs

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    Product life-cycle

    Business theory suggests that products follow a life

    cycle, going through phases of development asfollows:

    research and development

    introduction to the market

    the conception of an idea/product

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    period of growth then follows as consumers

    become increasingly aware of the product

    and, if successful, it becomes profitable

    Eventually, the growth of sales will level off -this is the mature phase and is usually the

    result of increased competition

    The theory predicts thatsales will gradually decline

    as the market becomes

    saturated and consumer

    tastes change

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    The launch of Kit Kat ChunKy proved to be one ofthe best marketing success stories in recent timesOver 50 million bars were despatched within the

    first few weeks of the launchKit Kat ChunKy almost immediately became thebest selling countline, and this success story has

    continued

    The success of the launch

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    Conclusion Kit Kat's success can be attributed to

    consistency in its marketing, whilst allowing forminor changes to maintain a modern image

    Continuous reinforcement of the brand messagethrough advertising and promotions hasenabled Kit Kat to sustain its popularity

    over a long period of time in the face ofrapidly changing consumer

    attitudes and tastes and

    consumption patterns

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    Thank you!