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The snack market is worth Rs. 4500 5000 cr. [branded snacks worth Rs. 2200 cr.]. Its growing at a rate of 30% per annum. Mainly dominated by the unorganized sector, according to Apeda survey around 1000 items and 300 types of savories are sold across India. Branded snacks sold at rate of 25% more than the unbranded ones. Potato chips dominate the market which are also sold locally.
Source
PepsiCo, Inc. lays, cheetos, kurkure, uncle chips, etc. ITC. limited bingo. Haldirams boletos, taka tak, whoopies, etc Procter and Gamble Pringles. Kelloggs cheez-its, etc. Balaji chataka pataka, wafers, etc.
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LAYS
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Type : potato chips Current owner : PepsiCo, Inc. Origin : 1938 Founders : H.W. Lay company. Key people : Manu Anand, (CEO, MD - India), Albert P Carey (president - globally) Website : www.fritolay.com
Source -
Mission to grow best snacks on earth. The leader of the Indian snack industry. For more than 75 years, Frito Lay has enjoyed growing the best snacks on earth starting with simple, farm-grown ingredients. Frito-Lay is also dedicated to giving consumers a wider range of healthier choices.
Source www.fritolay.com
BINGO!
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Type : potato chips, finger snacks Current owner : ITC Foods Origin : 2007 Founders : ITC ltd. ITC Foods Key people : Ravi Naware (CEO, India) Website : www.bingo.com www.bingeonbingo.com
Mission to capture 25% market share in snacks market of India in 5 years. Strategically timed and launched the product around the world cup to cash the popularity among the people. The launch of Bingo represents ITC Foods fifth major line of business after the highly successful staples, biscuits, ready-to-eat and confectionery products.
Source www.scribd.com
MARKET RESEARCH
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Source
Schools Vidyaniketan public school,
Nirmalarali public school
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FLAVOUR PREFERENC E
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PRICE PREFERENCE
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SATISFACTIO N OF FLAVORS
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QUANTITY SATISFACTION
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BRAND IMAGE
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QUALITY ? ??
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INTERESTING ADS ? ? ?
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THE USP
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PRODUCT
Classic Salted Indias Lime n Masala Indian Magic Masala Indian Mint Mischief Chaat Street bindaas bhel style. Spanish Tomato Chilli Chineese Wafer style Caribbean Hot & Sweet Lays Stax and many more . . . .
PRICE
Small Rs. 3 & Rs. 5 Medium Rs. 10 Large Rs. 20 Stax Rs. 50
PLACE
Kiryana shops Grocery stores Supermarkets Hyper markets Cyber cafes Telephone booths
PROMOTION
Celebrity ads Promotional campaign : - chala change ka chakkar Buses advertising lays and kurkure Wafer racks in stores Interactive games on website www.whatstheprogram.co m
PRODUCT
Bindaas masti chaas Chatkila nimbu achar Tandoori paneer tikka Tomato mischief Chilli dhamaka
PRICE
Small Rs. 5 Medium Rs. 10 Large Rs. 20
Achaari masti
International cream n Onion Natkhat masala Red chilli bijli and 7 more . .
PLACE
Kiryana shops Grocery stores Supermarkets Hyper markets All Biyanis Future group stores [food bazaar, big bazaar, etc] HORECA
PROMOTION
Humorous ads, intriguing names. 4 lac Bingo racks distributed to stores. Alliance with Biyanis future group Sponsored many Bingo remix nights in clubs Interactive games on radio Bingo Tick Tock Boing Grabbed 20 spots on Radio One and Radio Mirchi for promotion Website www. bingo.com
STP
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STP
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TARGETING Targeting all the age group from children to old ones. The whole Indian family especially the housewives.
TARGETING Main target is people of age group 18-30 who try out different flavors.
STP
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POSITIONING No one can eat just one. The products positioned as tasty fun snacks, are sweet flavors.
POSITIONING Positioned with irresistible flavors to bring the Indian taste into products. Most crunchy potato chips.
STRENGTH Globally recognized leader in manufacture and marketing of snack foods. Tie-up with PepsiCo Various other products such as Cheetos, Uncle Chips, Kurkure, etc Lays stax and Rs. 3
WEAKNESS Non-veg. flavors could not be sold in the Indian market. No promotion of Lays Stax.
OPPORTUNITIES New product launch Aliva. Can target the youth with various offers on packs of Cheetos and Uncle Chips.
THREATS Competition from the various local brands in the snacks market. Huge competition of ITCs Bingo, [market share of 16% in 14 months].
STRENGTH Tie-up with Biyanis Future Group helped in promotion. Abundant availability of raw materials 16% market share in 14 months. Cost-cutting measures applied on advertising.
WEAKNESS No availability of Bingo Stax and Rs. 3 pack. Lack of adequate quality control and testing methods.
OPPORTUNITIES Can tie up with Cocacola, [coke + bingo]. Can also tie-up with Haldirams to gain the major share in the snack market. Launch of non-veg. flavors. Parle product launch Musst Bites
THREATS Brand names of Lays, Uncle Chips, etc create a major impact on sales. New product launch of Frito lay. High taxation.
THANK YOU
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