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PROJECT REPORT ON
4 P’S OF MAGGI
PRINCIPLES OF MARKETING
BBA–302
SUBMITTED TO: SUBMITTED BY:
Dr. Poonam Madan Sonal Rathi
Associate Professor BBA SEM ‘III’ SEC- ‘E’
Department of Management Studies ICG/2015/20064
The IIS University, Jaipur
INTRODUCTION
Maggi is a subsidiary company of the international brand “Nestle”
founded in 1872, by Julius Maggi and company has its headquarters
in Cham, Switzerland.
Nestlé India Ltd. (NIL), the Indian subsidiary of the global FMCG
major, Nestlé SA, introduced the Maggi brand in India in 1982.
PRODUCT
PRICE
PLACE
PROMOTION
4 P’S OF MARKETING MIX
PRODUCT
A combination that delivers creative, branded food and beverage
solutions enabling operators to innovate and delight consumers.
MAGGI PAZZTA
PRICE
o Maggi noodles still comes in very affordable price starting from
Rs.5 i.e. they reduced the quantity instead in increasing price.
o Maggi has a very clear-cut price policy as its consumers mostly
belong to the average middle class group.
o To make the product affordable they had to tone down their
prices but the volume of product helped the company in
maintaining a healthy profit.
o To cater to the middle and low income class customers, Maggi
offers different sizes of packets at various prices so that the
customer can buy as per budget.
PLACE
Maggi has followed the distribution channel as a chain:
CHANNELS:
-Malls and shopping centers
-Local store
COVERAGE: Covers both residual and college areas
Even if you go in the Himalayas, you will find Maggi selling there at
selected places. The single factor- distribution, has been the backbone
for the success of the product.
PROMOTION
Its tagline “2 minutes noodles” is known to be the smartest
tagline in the advertising industry and is still very famous
amongst the consumers.
Promotion done by some effective sales promotion strategy: