Pepsi Twist Final
-
Upload
juhayer-tanzim -
Category
Documents
-
view
120 -
download
5
Transcript of Pepsi Twist Final
LAUNCHING PEPSI TWIST in BANGLADESH
North South UniversitySchool of Business
5
Prepared For
Syed Kamrul IslamLecturer, Mkt#337
Prepared by
Group # 07
Dilruba Khan ID #031305030
Samsul Hasan Khan ID # 062500030
Tonmoy Ahmed ID # 071057030
M. Shahriar Bappi ID # 071152030
Yaseer Arafat ID # 072097030
2
5
Table of Content
1Company Overview 07
Historical Background 07
2 EXISTING PRODUCT INFORMATION 08
Product Characteristics 08
3 COMPETITIVE ANALYSIS 09
4 SWOT Analysis 13
5 PLC 14
6 CURRENT PROMOTIONAL ACTIVITIES 147 Survey Analysis 18
Demographic information 18Media Information 18
8 Advertising Plan 23
Advertising Objective 23
Budget25
Story Broad 31
Sample Logo 31
Sample Advertisement 32
Media Plan 33Media Selection 34
9 Conclusion 36
3
5
10 Bibliography 37
11 Reference 37
Letter of Transmittal
02 December 2008
ToMr. Syed Kamrul IslamFaculty, North South University13, Kamal Ataturk Avenue Banani, Dhaka
Dear Sir,
Subject: Submission of project paper
Here is the project paper titled: “LAUNCHING PEPSI TWIST in BANGLADESH”
as a part of our course MKT 337. We like to thank you to assign us this
project paper through which we got an opportunity to get idea hoe to launch
a product in a country & how to advertise it.
We hereby like to request you to accept our paper.
Sincerely,
Dilruba Khan ID #031305030
Samsul Hasan Khan ID # 062500030
Tonmoy Ahmed ID # 071057030
M. Shahriar Bappi ID # 071152030
Yasser Arafat ID # 072097030
4
5
Acknowledgement
First of all, we reward to almighty Allah, who has provided us the
brilliant opportunity to build and complete this term paper successfully.
We would like to express our feelings and great affection with our
heartiest appreciation to the most respectable and honorable course
instructor Mr. Syed Kamrul Islam for her kind co-operation.
We would like to thank our senior brothers and friends who have
helped us by giving valuable advices and experience.
We would also like to thank to lab administrator for providing guideline and information.
Last of all, we would like to thank the honorable authors of the book
“Advertising, Principal and Practice” William Wells, Sandra Moriarty,
and John Burnett because we have taken a lot of information from their
book and also thank to Pepsi Co. Bangladesh to provide us important
information.
5
5
1.EXECUTIVE SUMMARY
Pepsi Cola is one of the best beverage companies in operating
domestically and internationally. Pepsi Twist is one of the successful
brands of Pepsi Co. In this project we want to find out the scope of
launching an international soft drink brand in Bangladesh by providing
details of launching & promotion system of soft drinks in the forms of
Licensing. In this project we found out the exiting product information of
our brand Pepsi Twist, its target market, competitive advantage, media
plan, opportunity and the budgeting of this company and the other
factor. Besides we want to find out the customer’s choice, preference
and demand by conducting a survey on the target audience. In
Bangladesh there are many beverage companies, which are owned by
domestic companies such as AFBL, Partex Beverage Ltd. etc. also, there
were other international companies, such as Coca-Cola Bd. Ltd. which is
doing its business within Bangladesh. After all of that we try to introduce
a plan for the Pepsi Twist to launch in the market and compete with the
competitors. For this reason we evaluate TARGET audience,
PROMOTIONAL activities, BUDGET analysis, ADVERTISING method etc .
Then we provide some recommendation for Pepsi Twist on the basis of
our survey and applying new promotional techniques to communicate
more successfully with the target audience. First we conducted survey
which revealed some key information about our target audience like
their consumption level of soft drink, average expenditure on food per
day, which newspaper they read or which channel they see more often
than the other. Then we developed some advertisements and made a
budget of allocating the expenditure on which channel or newspaper we
will show our advertisement so that we can do an effective
communication with the target audience. From our perspective Pepsi
6
5
Twist will launch very successfully in our country very soon as well as
get customers good attention.
7
5
1. COMPANY OVERVIEW
Historical Background
Pepsi is one of the world's largest beverage companies. People in more than
195 countries enjoy Pepsi. About 685 million servings are consumed almost
all over the world everyday.
Pepsi was first bottled in1903. One of the successful brands of Pepsi is Pepsi
Twist. It is a lemon flavored cola, marketed by PepsiCo as an alternative to
regular Pepsi. Pepsi Twist was introduced in the United States in the summer
of 2000 and again in the summer of 2001. Pepsi had previously produced a
lemon-flavored diet cola in the 1970s and 1980s in the United States called
Pepsi Light Pepsi had also launched Pepsi A-ha, with a lemon flavor in India,
in 2002.Pepsi Twist has been successfully marketed in Brazil (with lime
instead of lemon), where a limited-edition version was also sold, the Pepsi
Twistão, with an even stronger lime flavor. In Brazil, Pepsi Twist is still sold
and in many markets, it outsells the original Pepsi. Pepsi Twist was also
marketed in Pakistan in 2006. The product failed to capture the market, but
it is still available in some supermarkets. It is marketed in Romania under the
name Pepsi Twist Lemon.
It was sold under the name of Pepsi Twist until recently, and its diet
counterpart, Pepsi Twist Light Lemon. It was also introduced in Poland in
8
5
the summer of 2002 and is sold thereafter. In the United Kingdom Pepsi twist
is still sold to date. There’s also a "lemon and lime" version Pepsi Twist
somewhat made a return in the summer of 2008 with the NFL Kickoff Limited
Edition Flavor which boasts that it’s Pepsi "with a kick of Lemon".
2. EXISTING PRODUCT INFORMATION
Product Characteristics
In marketing terms a product is a set of tangible and intangible attributes
including packaging, color, price, quality and brand plus the service and
reputations of the seller. Transcom Beverage bottles the drinks under a
franchise agreement with Pepsi Twist Export Corporation and supplies the
drinks to the distributors in Bangladesh. The actual drink arrives by air from
Pepsi's headquarters in Atlanta, USA, in a concentrated form.
Products can be consumer or business products depending on their final use.
Since the products of Transcom Beverages are not intended for further use in
the production of other products, they are seen as consumer goods.
Consumer goods can once again be sub-divided into convenience, shopping
or specialty goods depending on their Characteristics. This report Identifies
the Transcom beverage products as convenience goods based on its
characteristics highlighted below:
Product Composition Dimensions
PRODUCT BREADTH PRODUCT DEPTH
Pepsi Twist Glass bottle:175ml, 250ml, 1000ml,
PET bottle: 500ml, 1000ml, 1.5L, 2.25L,
Can: 350 ml
Fountain glass
9
5
3.
POSITIONING STRATEGY/COMPETITIVE
ANALYSIS
In order to develop the overall marketing strategy competitive analysis is
very important for every organization. For this purpose “Porter's 5 forces
analysis” is very common and effective tool. It is a framework for industry
analysis and business strategy development developed by Michael E.
Porter in 1979 of Harvard Business School. It uses concepts developed in
Industrial Organization (IO) economics to derive 5 forces that determine the
competitive intensity and therefore attractiveness of a market. Porter
referred to these forces as the microenvironment, to contrast it with the
more general term macro environment. They consist of those forces close to
a company that affect its ability to serve its customers and make a profit. A
change in any of the forces normally requires a company to re-assess the
Product Characteristics
Consumer Involvement (time and
effort)
Quite low
Need for satisfaction
Price and quality comparison
Usually immediately (sometimes per-
plan purchased) Absent, since all
Transcom products are uniformly
priced and quality is centrally
controlled.
Price Moderate (compared to other drinks
like fruit juices)
Frequency Normally frequent (consumers buy it
according to their desire)
Length of Channel Quite long (products are not directly
supplied to consumers any more,
rather they are supplied through
middlemen)
10
5
marketplace. Strategy consultants use Porter's five forces framework when
making a qualitative evaluation of a firm's strategic position. It gives us a
good explanation for the profitability and performance of Pepsi Twist in the
local market. Porter's Five Forces include three forces from 'horizontal'
competition: threat of substitute products, the threat of established rivals,
and the threat of new entrants; and two forces from 'vertical' competition:
the bargaining power of suppliers, bargaining power of customers. The
overall process is shown in the diagram presented below.
In order to develop farms marketing strategy and plan marketing manager
need to understand the completion that is present in the market place. The
competition can be direct brand completion and indirect brand completion.
So in order to analysis whether the “Pepsi Twist” has competitive advantage
in terms of having quality products, effective and dominating distribution
network, superior quality service, reasonable price.
Intensity of competitive rivalry within industry
11
5
Rivals are competitors within an industry. Rivalry in the industry can be
weak, or it can be strong. If there are too many competitions are present in
the market then the situation will be intense and if there are few competitors
present in market then completion will be low.
Factors affecting the intensity of rivalry
Number of brands: There are a few brands in the Soft Drinks
market of Bangladesh. These are- Coca-Cola, Pepsi, Mojo, Rc-Cola,
Pran-Cola, Uro-Cola. However “Pepsi Twist” has to compete with all
these other brands.
Product differentiation: “Pespsi Twist” has differentiated their
product according to consumer preferences. They have different
bottle size available for different group of consumers. Currently
they are offering 4 types pack size to meet the customers demand.
Exit barriers: There are almost no exit barriers in this industry.
However, this industry requires a huge sum of investment which
can be a barrier for a firm to cope up the exit cost and shrink the
brand image associating with the product.
Level of advertising expense: Level of advertising expenses is
comparatively high in this industry as this is a Fast Moving
Consumer Goods (FMCG) which has a wide range of switching
option. So, massive advertising is required to shape the consumer’s
attitude toward the product. However, level of advertising expenses
varies from firm to firm according to their marketing strategy.
Threat of new entrants
12
5
The threat of new entrants rises as the barrier to entry is reduced in a
marketplace. It seems that, as more firms enter in a market rivalry increase,
“Pepsi Twist” is facing more competition. Though they are maintaining the
market share successfully they are doing so with a highly competitive
market.
Factors affecting the threats of new entrants are
Government policies: There are no government policies which
restrict the entry on this industry. So, new competitor can come
anytime to the industry.
Capital Requirement: The information provided by the Brand
Manager of “Pepsi Twist" the initial investment of Pepsi was 100
core TK which is very large comparing with the capital market
structure of Bangladesh in private limited companies.
Pressure from substitute products
The existence of close substitute products increases the propensity of
customers to switch to alternatives in response to price increases (high
elasticity of demand). However, we identified Soft drinks sold in fast food
shops of cities to be the closest substitute of “Pepsi Twist”. However,
other substitutes can be Sprite, Fanta, 7up & Mirinda etc.
Factors affecting the pressure from substitute
products
Perceived level of product differentiation
Buyer switching cost
Buyer propensity to substitute
13
5
Bargaining power of buyers
(customers)
There are two types of buyer power. The first is related to the customer’s
price sensitivity. If each brand of a product is similar to all the others, then
the buyer will base the purchase decision mainly on price. However, Pepsi
Twist has charge the same amount of price that the competitor offers. So, we
can say that the Pepsi Twist is not price sensitive.The other type of buyer
power relates to negotiating power. Larger buyers have more leverage with
the firm, and can negotiate lower prices. However as an FMCG the buyers do
not tend to negotiate with the Pepsi Twist.
Bargaining Power of Supplier
A few factors that determine supplier power include:
Supplier concentration
Supplier switching cost relative to firm switching costs
4. SWOT ANALYSIS of ‘PEPSI TWIST’
STRENGTHS WEAKNESSES
Strong value proposition
Superior product performance
Better product life and
durability
Regular consumer research
Excellent marketing channel
Prestigious Distinction and
Certification
Current shortage in
production
No direct marketing
Limited Export
Limited budget for
advertisements
No regular training program
14
5
Fully automated
manufacturing process
Strong IT solutions and
broader communication system
Committed Management Level
OPPORTUNITIES THREATS
Develop market with existing
products
Current Market leader
Higher Profit Margin
Greater Consumer Response
Extended export opportunity
New product development
Currently no threats
Invention of Disease causing
bacteria
Strikes and political crimes
Environmental disaster
Frequently changing lifestyle
5. PLC:
6. CURRENT PROMOTIONAL ACTIVITIES
Pepsi was always concerned and it designed to appeal to its target audience.
So Pepsi twist attaches great importance to promoting a positive image of its
15
5
products and activities. However, the company will carry out several
promotional activities to reach a vital and potential group of consumers.
Market Segmentation and Target Audience Profile:
SEGMENTATION STRATEGY
Market segmentation is used to recognize product markets comprising
people, businesses or other organizations with similar uniqueness and thus
similar requirements (Helgesen, 2005, pg 225). It basically refers to the
division of the target market on the basis of ‘certain preferential variables’.
The main purpose of segmentation is to achieve the specific positive sales
results by particularly specifying potential customer-bases with similar
traits/preferences/characteristics. Segmentation of “Pepsi twist” can be done
on the basis of factors such as:
Now for our own convenience, we have divided our market in different
segments. It is done because the attitudes, psychographics, and income
range is different for different segments. Here we have developed a unique
message, which will fit in different segment and different advertisement
media and advertisement for reaching different segments.
In this project we have developed three segments. They are Demographic,
Psychographic, and Geographic.
1. Demographic: under this segmentation come social and economic
factors that influence the buying behavior of the customers. It is the
16
5
statistical representation of the social and economic characteristics of people
like age, sex, income, occupation etc. now if we look at the factors that
included in the demography we will find our target customers in those sub
segmentations. Like
Age: here from age 12 to 50 is our main target audience. The
exclusive target age group is age 10 to 25, the student segment.
Sex: Our target customers include both male and female.
Occupation: Mainly the students and fresh employees just
entered into their job.
Income: Minimum monthly income range is Tk 5,000.
2. Geographic segmentation: Under this geographic segmentation, we
have target customers residing in different areas of this country. Mainly we
have targeted the whole country and our target is mass. Wherever our target
customers match the characteristics of the Demographic and Psychographic
segmentation becomes our target customer. It means that our distribution
should be so well and so geographically standard that it does not create any
geographic differentiation.
3. Psychographic Segmentation: Under this Psychographic segmentation
deferent factors actually will be affecting our advertisement and advertising
message. Those factors are:
Life style: Actually people with funky lifestyle are our target
customer. Here especially the college going students who drinks
the Pepsi twist regularly, and drink it with a different style is our
customer. Followers of the western culture and life style are our
main target customers.
17
5
Brand Loyalty: One of the main objectives of our
advertisement is to keep our existing customers loyal. On the
other way those who are loyal to the other brands, take them to
our product.
Desired Benefits: for the health customers coke has
designed the Diet coke. So our message will also bear messages
for those customers who look for any extra benefits from
Pepsi Twist Target Market
Presently Pepsi Twist is targeting the mass. It means that they have
comparatively same advertisement and selling strategy for each segment
and each different age group. But here our main focus will be the young
generation and for them we are developing our advertising plan and
strategy.
Here one thing is to be noted here that, under the Pepsi Twist Company we
have another two different kinds of beverages and they are Sprite and Fanta.
So our main advertising for Pepsi Twist will be in a way that it should also
simultaneously bear the messages for those two beverages.
One thing cannot also be ignored. That is we need to consider the retailers
perspective for planning our advertisement. Because if they don’t put the
product Pepsi Twist in their shelves, it is obvious that our target customer
will not find it when they required and they will be dissatisfied towards this
brand. So our advertisement will also convey the messages to the retailers.
Current Target Market
18
5
Pepsi expanded its target audience from the adult to all family members who
required cheer and joy. Pepsi was a great taste to be enjoyed by everyone.
The teenagers remain a key target audience for Pepsi's marketing, despite
increasing public concern at the health impacts of sweets and fizzy drinks on
young people. Although Pepsi claims that it practices strong self -regulation
and does not target children under 12 in its advertising. The company has
billions of vending machines in schools, which proves it has a heavy impact
and influence on the children who derives pleasure in consuming the
product. Pepsi Twist sale~ representatives have distributed training packs at
schools called 'Education Thirst', providing facts on how children can get
enough fluids, control their weight and maintain dental health. Such actions
by the company prove its main focus on the target audience which is the
children although the company intends to sell its products to consumers of
all ages.
7. SURVEY ANALYSIS
In our project, we did a survey on the buying behavior of the soft drink
consumers. In this survey we peaked the over all soft drinks customers
randomly. Here, for about 100 persons participated in this survey and they
expressed their thoughts regarding taste, brand, price, packaging and so on
about soft drinks. The overall findings of the survey has described below with
statistical data analysis.
Demographic Information
From our survey, it is found that most of our target audiences are between
12 to 50 years old. At the same time it includes both male and female. And
19
5
they are mainly students and fresh employees just entered into jobs and
minimum monthly income is not less then 5000 taka.
An estimation on expenditure of soft drinks show that over 80 % of target
audience spend 400-600 taka per month. 12% people lies between 601- 900
taka. And only 8% of our target audience spend 900 taka and above.
Factors pushing for soft drinks:
According to the survey report, 70% of target audience feels that because of
weather conditions they are intend to have soft drinks rather than any other
foods or drinks. 15% like to have it after heavy diet. Another 8% state that
20
Estimate expenditure on Soft Drinks
80%
12%8%
400-600
601-900
900 and above
5
they simply like soft drinks. 2% have soft drinks because of hygiene factors
while the rest 5% like it because of similar pricing to mineral water.
Price Sensitivity:
Among our target audience, only 7% are heavy price sensitive while the
majority of the target audience which is 82% are moderate amount of price
sensitive. In contrast, 5% of target audiences are low price sensitive while
the rest 5% simply don’t care about price.
Media information
Factors in soft drinks advertisement:
21
Factors that Make Soft Drinks Ad Interesting
6%
77%
12% 5%
Modle
Theme song
Story Board
Message
5
77% of target audiences are concern about the theme song of a soft drink
ad, while the other 12% cares about the story board. The rest 5% and 6%
think the message and model respectively as the main things which motivate
them towards the product.
Type of promotional sponsoring soft drinks should go for:
Soft drink should sponsor entertainment program, the majority of people
which is 86% believe this. Another, 11% thinks that Soft Drink Company
should go for sponsoring sport events. 2% people posses the thought that
they should for educational program while only 1% think that they should
sponsor charitable events.
22
5
Favorite TV Channel:
In overall data analyses, NTV secured the first position. From the survey
report it is found that the majority which is 40% ranked NTV as number 1, in
second position is BTV backed by second majority of people which is 25%,
number 3 is ATN backed by 15%, channel I is in 4th position backed by 12%,
RTV is in 5th position backed by 5% of people while other TV channels like
Channel 1, Baishakhi etc. are backed by only 3% among TV channels.
23
5
Favorite newspaper:
To choice the favorite news paper, 66% people ranked Prothom Alo first. In
case of popularity, second position is secured by Daily Star, which is 17%. To
7% target audience, Jonokontho is their favorite. 4% of people like Ittefaq
most. Observer and New Age secured the fifth position which is liked by 2%
people. In sixth position are Independent and Manobjomin together which is
backed up by 1% target audience.
8. ADVERTISING PLAN FOR THE BRAND
Advertising Objective
Before doing any type of advertising plan for Pepsi it's important for us to
know what our true objective is. Surely our objective is to make money.
24
5
Marketing, however, is more than that. It's creating a desire for what you
have to sell. A good marketing campaign has people humming a tune or
hearing the words to a company's jingle long after they have seen a
product's commercial.
We may not have the advertising budget to hire a large agency so; we need
to decide which method of advertising we will use. Before using the method,
we need to set the aims and goals of the campaign. In advertising, the well-
developed campaign has aims and goals. Advertising objectives are
generally placed in two categories:
Direct-action objective: Sales
Indirect-action objective: Communication.
Here for the direct action objective our main objective is to sales of the Pepsi
Twist.
And in the indirection action objective our main objective is to communicate
our messages to our customers about the product Pepsi Twist.
Beyond those primary and secondary objectives, we also have different
objectives. They are:
INDUCE TRIAL: Those who are not the brand loyal customers of
Pepsi, here our objective of the advertising campaign is to
pursue them to have a trial of our product Pepsi Twist.
INTENSIFY USAGE: As one of the leading brand in our beverage
industry, we have so many brand loyal customers. But it is to
consider here that most of them may be infrequent in purchasing
the product. So here our advertising campaign will be to intensify
usage among the existing customers.
25
5
SUSTAIN PREFERENCE: Pepsi Twist has to advertise heavily in
good times and bad times in order to maintain product
awareness as well as preference.
CONFIRMS IMAGERY: The illustration, the copy, and where the
ad is placed all serve to confirm what the customer already
thinks about the product. If an ad for Pepsi Twist were run in
unpopular media, the ad would serve to confuse the image of the
product and should be avoided.
GENERATE SALES LEADS: Here in many countries, the market
of the Pepsi Twist may not in the leading position. So to be the
leader in the market it is obvious that we should design our
promotional ad in such a way that it generates a sales lead in the
current market.
INCREASE SALES: For any organization the ultimate objective
of the advertising campaign is to introduce brand image to
increase sales. Here our advertising should contain such
messages so that we actually motivate to buy and thus increase
the sales of Pepsi Twist.
Budget
For launching Pepsi Twist in Bangladesh in markets while budgeting we have
to consider some specific things. The things are promotional cost, salary
cost, rent cost, ingredients cost, package cost, transport cost & other costs.
26
5
Fixed cost:
Promotion cost - TK 2, 37, 65,700
Salary cost – 39, 00,000
Rent – 24, 00,000
Variable cost:
Ingredient cost – 5tk per 250 ml
Package cost – 2tk per 250 ml
Transport cost – 1tk per 250 ml
Cost per 250ml bottle = fixed cost p + variable cost
= 6+5+2+1
= 14tk
Total cost = 2,37,65,700 + 39,00,000 + 24,00,000 + 3,00,00,000
= 6, 00, 65,700tk
Price charged for 250 ml = 15tk
Break even = 15*40, 04,380
= 6, 00, 65,700tk
So if the company can reach to sale 40, 04,380 bottles it could reach its
break even.
Before going to budgeting and timing for the advertisement, we should take
into consideration, in which media we are placing our ads and what media
cost how much. We divide our advertising program into two stages, one is
27
5
pre-launch of the Ad campaign and the other is Actual Launch of the Ad
Campaign. Before dividing our advertising budget, we need to look on which
are we are going to emphasize. We will place our ads on:
Print Media: Prothom Alo, the Daily Star, Ittefaq, Jonokontho.
Electronic Media: NTV, ATN, Channel I, Channel 1, RTV, etc
Out of home Advertisement: Billboards, Transit Advertising,
Concerts, etc
Public Relations: Press Release, Newsletters.
Push Strategy: Promotional Incentives to Retailers.
Budgeting for the Print Media:
Newspaper Position No of Days Rate Cost
Prothom Alo 1st page, 10
inch 10
column
3 days a week
(12 days a
month)
Tk 6500 per
inch per
column/day
(approximate)
Tk 78000
The daily Star 3rd page, 6
inch 6 column
3 days a week
(12 days a
month)
Tk 4000 per
inch per
column/day
Tk 48000.
28
Advertising Budget
Pre-launch of the Promotional campaign
Actual Launch of the Promotional Campaign
Print Media Electronic Media Out of home Advertisement
5
(approximate)
Jonokontho 3rd page, 4
inch 4column
3 days a week
(12 days a
month)
Tk 4300 per
inch per
column/day
(approximate)
Tk 51600
Total Print media cost per month: TK 177600
Advertising Budget for the Electronic Media:
Channel Time Slot Duration Rate Cost
NTV 7 pm to 10
pm
30 sec
each ad X
60 ads per
month
Tk 118 per
second(approximately
)
Tk 212400
BTV 7.30 pm to
10pm.
30 sec
each ad X
40 ads per
month
TK 750 per second
(approximately)
Tk 900000
ATN
Bangla
6.00 pm to
10 pm.
30 sec
each ad X
50 ads per
month
TK 200 per second
(approximately)
Tk 300000
Total Electronic media cost per month: tk 1412400
Advertising Budget for the Out of Home Advertising:
Number of
Billboards
Size Rate/month Cost for Ten
month
25 30/20 feet 22500 Tk 562500
Number of Buses Rate/month Cost for Ten months
24 10,000/= 2400000/=
29
5
Total out of Home Ad cost for Ten months: Tk 8025000
Budget for Public Relations:
Number of Press
Meetings for three
months
Hall Cost/Hour Duration/month Cost
3 12,000/= 2 hrs 72000/=
Concerts:
Name of the
Band
Rate per
Concert per
month
Venue Venue Rate Total Cost for
three months
LRB TK 40,000/= Fantasy
Kingdom
TK 1,00000/= TK 420000/=
Promotional Incentives to Retailers:
Number of
Distributors
Outlets
Free Bottle
offered per
Case
Cost Per
Bottle
Cases of
Bottles(250 ml)
Sold per month
(average) in all
Distributors
(approximately
)
Total Cost for
nine months
110
Approximately
2 TK 12/= 25000 TK 225000
5400000/=
Note: All these print and electronic rate figures are based on estimation.
30
5
Total Budget for one year:
Media Total Cost
Print Media TK 10,21,200
Electronic Media TK 88,27,500
Out of Home Advertisement TK 80,25,000
Others (Sales promotion, PR, Personal selling etc.) TK 58,92,000
Total cost for one year TK 2,37,65,700
31
Total Advertising Budget for one year
Tk 1021200,4%
Tk 8827500, 37%
Tk 5892000, 25%
Tk 8025000, 34%
Print Media
Electronic Media
Out of HomeAdvertisement
Others (Salespromotion, PR,Personal selling etc.)
5
Story Board
Two friends were walking through the desert and they were very thirsty. In
that desert, it was very tough to find any drinks and they were actually dying
for thrust. Suddenly in that desert, they saw the mirage and mistook that as
a lake of water. They jumped on that and stubbed against on a “Cherag or
popularly known as Aladdin’s Cherag”. They polished it thinking that the
ghost of “Aladdin’s Doitto” will come out. But the weather was so hot that
the “Aladdin’s Doitto” even refused to come out of the Cherag. The Aladdin’s
Doitto asked for the two friends wish. The two friends said, “We are very
thirsty. Do something for us.” After sometime smoke came out and they
found themselves in a tropical place where the weather are very refreshing
and they were actually drinking Pepsi Twist with style.
Sample Logo
32
5
Sample Advertisement
33
5
Media Plan for Advertising Pepsi Twist:
For sending our messages to our target customers, before planning for the media we
need to plan for advertisement campaign. Here our advertisement campaign will include
the following things:
Press Release/ or the Press
Advertisement through Electronic Media
Promotional Activities
Personal selling to the Retailers
Sponsorship for different popular events
Here before going to the actual media plan, we need to see the psychographics of our
target customers and who likes which media for their entertainment:
AttitudesAttitudes KnowledgeKnowledge PreferencePreference ConvictionConviction
One-WayOne-Way
LinearLinear
Advertising through Media
Acting on Consumers
34
Purchase
Behavior
Purchase
Behavior
5
Source:
http://www.homepages.dsu.edu/coffeyd/Courses/BADM%20481%20Promo/481%20BADM
%20-%20misc%20stuff/Belch%20ppt/chap007.ppt
Young Generation
Those who are interested in the latest music and films, and must be the first on the
block to own this entertainment and embrace it.
Media Usage:
Print: Quality Daily Newspapers (The Daily Prothom Alo, the Daily
Star, Jonokontho, The daily Ittefaq, New Age etc.)
TV: NTV, Channel I, BTV, RTV, Bangla vision, Channel one, ATN
Bangla, Ekushey etc.
Other: intensive use of the internet, possibly WAP (internet over the
mobile), heavy cinema goers, little radio (has mp3 CD-player in car, or listens to
internet radio)
Adults
Here includes those people who actually falls under 25 to 45 age group
Media Usage:
Print: Quality Daily Newspapers, magazines etc
TV: Knowledge based programs and News
Others: Internet, Seminars, Educational programs, etc.
Now we know which target group prefers which media and the time of
acceptability of the advertisement. So based on that our media strategy will
be:
35
5
Media Selection
TV is a favorite medium because of its wide reach and its high impact that is
useful for showcasing a high impact product such as Pepsi Twist. The volume
of TV ads however is limited by its costs but popular target group programs
(consult research) and times should be used as extensively as possible.
Print adverts will be placed in quality and Daily newspapers. The favorite
weeklies and Dailies are The Daily Prothom Alo, The Daily Star, Jonokontho,
New Age etc, and Weeklies are Annona, Saptahik 2000, Robbar, Chitro
Bangla etc.
From this pie chart we can see that The Daily Prothom Alo got the highest
preferences from the survey and we are going to place most of our ads in
that daily newspaper.
36
5
PR activities will concentrate on target audience print publications but also
involve TV programs that deal with music and movie such as Closeup-1,
Music Express, Movie World, and Sinemar Gan etc.
From the pie chart shown above, we can see that our target audiences like
entertainment sponsorship by any kind of soft drinks. Though most of our
Public Relation expenditure will be spending for the Entertainment
sponsorship, but partly we will spend for the sports event sponsorship.
Outdoor billboards should be placed in urban areas to reach the broad
audience of car drivers at a low cost. Placing these at busy junctions will
complement TV and print advertising and be visible where public movement
is comparatively high.
We will use cinema because a high portion of our target audience is a
cinema or movie lover. They would like to have some soft drinks with the
popcorns to see the movie. If we can place ads in every cinema or movie
theater properly, surely we can say that our target audience will reach
properly.
37
5
Radio advertising might be useful but we feel that radio will be able to exert
the necessary impact to convince.
9. CONCLUSION
Finally we can say that, for efficiency of any promotional campaign it is very
important to determine the budget of the camping. Otherwise we will not be
able to determine the programs that will be executed during the campaign.
Here in our advertising and promotional campaign the budgeting and
programs has been properly determined so that it can reach to the target
audience with proper message.
10. BIBILIOGRAGHY Stoddard, Bob. Pepsi-Cola - 100 Years (1997), General Publishing
Group, Los Angeles, CA, USA
Pepsi Can Gallery
PepsiCo India
The Encyclopedia of Pepsi-Cola Collectibles
Beverage Digest, March 4, 2005 (PDF)
Pepsi World - FAQs - ADS & HISTORY
11. Reference
38
5
www.pepsico.com
www.pepsitwist.com
www.transcombeverage.com
Beverage World Magazine, January 1998, "Celebrating a Century of
Refreshment: Pepsi — The First 100 Years"
Mary Bellis, about.com
39