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Ranxbary Energy Candy

Q1. Is it appropriate for Ranbaxy to


Launch Energy Candy?
Yes Ranbaxy has to launch Energy Candy
because:

Ranbaxy Energy Product Revital is already in


market

Revital is Indias largest selling Vitamins &


Minerals Supplement in the OTC segment

It is also among the Top 5 OTC brands of India

Ranbaxy has market share of 3.8% & Generic sale


of $465 Million

Reason for Launching Energy


Candy

Indians Highest Population age (25-54)


years which is 40.6% of whole India
Population
No local energy candy available in market,
only imported candies POW Energy Mint &
Hero Energy Mint present which is not
available in everywhere

India Demographic Profile

0-14 Years
5.50%; 6%
7.30%; 7%
28.50%; 29%

25-54 Years

55-64 Years

40.60%; 41%

People have to import or delivery online


which is costly

Ranbaxy have large distribution network all


over the India

15-24 Years

18.10%; 18%

65 Years &
Above

Q2. Should Ranbaxy launch the energy candy as Brand Extension


of Revital or develop new Brand of Energy Candy?

Ranbaxy has to do Brand Extension of Revital:

Brand attribute is already associated with Energy supplement which


will create +ve effect because of strong brand image

Perceived Quality will be +ve because:

Revital is Quality product and used as energy supplement

It will be the fit between the Original & extension product

The transfer of perceived quality of brand will be enhanced

The new brand extension is category based processing

Product may be consider as Transfer

Q3. What should be the Segmentation,


Targeting & Positioning of this Energy
candy?

Target Market: Age from 15-54 Years


holding (41+18=59)% of Indian
population

India Demographic Profile

0-14 Years
5.50%; 6%
7.30%; 7%
28.50%; 29%

Men, Women and Young Children

15-24 Years

25-54 Years

55-64 Years

40.60%; 41%
18.10%; 18%

65 Years &
Above

Market
Segmentation

Demographic
Age

Gender

Values

Description
25-54 Years
The energy candy market is primarily targeting adults.
Adults are the ones who are purchasing these bars for themselves or
family members.
Adults use energy bars as fuel for physical activity or as mid-day
snacks.
In addition, adults are aware of the nutritional benefits of consuming
energy bars.
Males & Women:
Energy bars were primarily designed because consumer typically
engage in more strenuous activities
Want to reduce Office Stress and gain more energy to get back to work
During exercise when they lost energy
Want to reduce stress during examination
Health, Wellness, and Nutrition:
Energy Candy are not only consumed for fuel, but also because of their
nutritional benefits.
These consumers are generally very conscience about the foods they
eat.
They value eating whole grains and natural and organic foods.
Energy bar consumers are concerned about the ingredients, and they do

Market
Segmentation

Behavioral:
Usage Rate

Occasions

Description

Usage rate varies with each type of user.


Serious endurance athletes generally consume more energy candy than
the average person.
They may even need more than one during their session if they are
exercising for over an hour.
Moderate athletes will only need one for when they exercise.
In addition, so will people on-the-go who only eat energy candy as a
mid-day snack.

Energy candy are generally consumed at three different times:


Before exercise, during exercise, and after exercise.
Each period will require a different type of bar to provide the correct
fuel.

Positioning of Energy
Candy

Like Ranbaxy Position it self in


different with different starts like

Revital for Women with Brand


Icon of Sherlyn_Chopra

Revital for Man with Salman


Khan

Revital for Seniors

Consumer will perceive same

Q4. Evaluate perceived possible obstacles to


success

Competitors like:

Nutricharge,

Supractiv,

Nutrilite

Dabur Nutrigo
These competitors may produce their product against Ranbaxy
Energy Candy

FMCG sector may also produce their energy candies

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