1. executive summary web view2.1 market situation and analysis of the brand8. 2.1.1 economic8. ......
TRANSCRIPT
Brand Audit Assignment
Brand Twix
Aoife Ward
Sarah O’Loughlin
Subject: Marketing Management
Lecturer: Deirdre Fleming
Submission Date: 16/03/2016
Contents1. Executive summary..............................................................................................................3
1.1 Brief description of brand...............................................................................................3
1.1.1 Define target market................................................................................................3
1.1.2 Competitive advantage your brands enjoys in the marketplace..............................3
1.1.3Positioning statement...............................................................................................3
1.1.4 Key recommendations:............................................................................................4
2. Introduction......................................................................................................................... 5
2.1 Industry.......................................................................................................................5
2.2 Issues affecting demand..............................................................................................5
2.3 Twix.............................................................................................................................6
2.4 Pricing......................................................................................................................... 7
2.5 Distribution.................................................................................................................7
2.1 Market situation and analysis of the brand....................................................................8
2.1.1 Economic..................................................................................................................8
2.1.2 Social........................................................................................................................9
2.1.3 Technology.............................................................................................................10
2.3 Industry environment...................................................................................................10
2.3.1 New Entrants..........................................................................................................11
2.3.2 Substitutes ............................................................................................................ 11
2.3.3 Competitive environment......................................................................................11
3. Market segmentation and customer analysis....................................................................15
3.1 Market segmentation...................................................................................................15
3.2 Target market/segmentation characteristics................................................................16
3.3 Market research findings..............................................................................................17
3.3.1 Personas.................................................................................................................17
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4. Brand vision........................................................................................................................18
5. Brand equity application....................................................................................................20
6. Brand positioning...............................................................................................................21
7. Brand identity.....................................................................................................................23
7.1 Old................................................................................................................................ 23
7.2 New...............................................................................................................................24
8. Strategic brand management tool choice of your own......................................................26
9. Brand objectives and goals.................................................................................................27
9.1 Mission statement........................................................................................................27
9.2 Objectives for volumes, sales, market shares, gross margins, net profit, ROI..............27
9.3 Convert objectives to goals by assigning magnitudes and dates..................................28
10. Key Findings......................................................................................................................29
11. Recommendations........................................................................................................... 29
11.1 Promotional strategy..................................................................................................29
11.1.1 Sales Promotion...................................................................................................29
11.1.2 Social....................................................................................................................31
11.2 Product/packaging/design/labelling/service strategy................................................33
11.3 Place and distribution strategy...................................................................................33
11.4 People strategy...........................................................................................................33
11.5 Pricing.........................................................................................................................34
Appendix................................................................................................................................ 35
Focus Group........................................................................................................................35
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1. Executive summary 1.1 Brief description of brand The Twix bar is a finger shaped bar made with crunchy biscuit topped with a thick layer of
chewy caramel covered in creamy dairy milk chocolate. This 3 layer combination of
chocolate, caramel and biscuit provides a unique and very specific type of chocolate bar.
Twix fingers are notoriously packaged in pairs which has somewhat defined their character
over the years. Twix is packaged within a distinctive wrapping using bold gold’s, reds and
black which encompass the identity of the brand. A notable feature on the wrapping is the
use of a pause symbol instead of a regular dot on the 'I' in Twix. This feature was rolled out
on Twix packaging in 2011 with the intention to emphasis the idea of 'pausing' and 'taking a
moment for oneself' while enjoying a Twix. This push was a response to their competitor
Nestlé Kit-Kat’s take a break slogan.
Their style of advertising more than often comprised of one of the two bars snapped in half
to show the soft caramel against the biscuit base. The first ever US communication strategy
for the bar adopted the slogan “Chocolate, Caramel and a Surprising Cookie Crunch!”
Throughout the 1990s Mars ventured into a period of extensive experimentation with the
Twix bar. A wide range of new flavours were made available for instance; fudge, dark
chocolate, white chocolate, mint, coffee, orange, triple chocolate, and most recently Twix
Java and Twix Cappuccino. Additionally Twix ventured into the ice-cream world in the early
1990s. This seen Twix’s sales boost rapidly outside of their traditional markets.
1.1.1 Define target marketCurrently the target market for Twix is predominantly males between the ages of 25 to 45.
1.1.2 Competitive advantage your brands enjoys in the marketplaceThis 3 layer combination of chocolate, caramel and biscuit provides a unique and very
specific type of chocolate bar. No other branded two fingered biscuit bar currently exists on
the market.
1.1.3Positioning statement Twix wants to offer more than just a product but an experience too. Twix wants to give back
to their customers and inspire then to reconnect and gather together with those who
matter to them.
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1.1.4 Key recommendations:It is evident the Twix has a great taste and is loved by many, however this is not reflected in
sales figures. The ultimate goal for Twix is to become a salient brand. To do this the
recommendations below should be followed, further discussion of implementation can be
found in section
1. The initial objective of this research is to increase brand associations and create a
defined brand personality.
2. Build a well-rounded, and identifiable brand personality by developing positive
cognitive connections with “togetherness” and “socialising”.
3. Actively managing a balance between the gender fluidity of Twix’s target market
with tactical promotions and product additions.
4. Drive customer engagement and consumer generated content in an effort to create
long lasting relationships
5. Drive sales incrementally from a combination of the above objectives and ultimately
increase market share.
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2. Introduction 2.1 Industry The European confectionery market seen a growth of 3% in 2014 reaching over €70594
million. This figure is forecasted to grow by a further 15% in 2019, meaning that the market
would be worth nearly €82 million. Chocolate dominates the market as the segment
accounts for nearly 60% of the confectionary markets total value. Mondelez International
Inc. leads the European confectionery market, holding 16% share of the confectionary
markets value. Rivalry is high in this industry. Despite competitor’s diversity, they remain to
depend heavily on the food and beverage markets in general and so, combined with low
consumer switching costs drives up rivalry (MarketLine, 2015).
In addition to this, emerging markets are also a force to be reckoned with! For instance,
Nigeria has seen a 286% rise in growth of their chocolate industry between 2007-2012
(KPMG, 2014).
In more recent figures, it is expected that Saudi Arabia chocolate revenues will grow by
43.5%. In 2013 Mars, who currently have 45% of the market, recognised the country's
potential and opened their first production facility there (KPMG, 2014).
Here we can see that the external environment is prospering, paving out huge potential for
those in the industry to step up and reap the rewards, however Twix currently do not seem
to be adequately prepared for this. The lack of brand identity and strength will cause big
issues long term in such a competitive environment.
2.2 Issues affecting demandIn terms of poorer consumers, chocolate has a greater income elasticity. Income elasticity of
chocolate strongly correlates with income per capita. Value-led growth strategies have led
the way as a result in emerging markets (e.g. Bolivia). Income shocks in countries have a
much bigger impact on chocolate consumption than in richer countries (e.g. Denmark).
Premiumising chocolate provides an opportunity for survival when faced with rising input
costs and decreases in market volume demands. Premiumisation could possibly absorb
some of the shock and help protect margins. Demand drivers moving forward vary
substantially from country to country and so one size does not fit all in terms of strategy. In
terms of price, analysis reveals that premium brands outperformed in the US and UK
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markets. In the confectionary market, success is heavily reliant on the strength of the
marketing mix. It is all about having a global brand when it comes to “soft demand drivers”.
Soft demand drivers, for instance marketing, innovation and changing tastes are dominant
features found in developed markets. US, Japan and the UK fit this accordingly. The creation
of brand loyalty is key here as they are markets that react positively to marketing efforts
(Euromonitor International , 2015)
2.3 Twix Twix as a chocolate bar needs to remind consumers of its existence because as we know in
the competitive world of chocolate, sales are most definitely reliant on being salient or at
the top of the consumers mind. Studies carried out on stores stock keeping units have
shown that Twix has seen a 9.5% fall in unit sales in 2012 from the previous year. Twix's
positioning has been inconsistent over the years. Every 3-5 years they launched an entirely
new campaign with the excessive use of 15 different end lines in 20 of them. Twix realised
this lack of transparency and clear image and took inspiration from Snickers. They saw the
opportunity to develop a personality along with a compelling brand proposition. Their big
idea was a campaign that emphasised the two-bar format of the Twix bar, creating a
fictitious rivalry between each side/bar. The campaign could have been hailed as a success
at the time as it got consumers to engage with the brand digitally. It also generated a ROMI
of 3.35 in the first 12 months in the USA (WARC, 2014).
Despite its success initially, there has been a severe failure in the upkeep of branding,
positioning and advertising.
People like the taste of Twix yet sales do not communicate this, why? When asked whether
or not they were familiar with Twix’s current marketing efforts; the left/right campaign, 65%
of consumers said they were either unfamiliar or confused by it. Clearly Twix has lost sight
of future marketing plans it has become what Miles and Snow (1992) would call a reactor in
the industry. Rather than being innovative they seem to have lost sight of the brands future.
Visible and up-to-date advertising of the brand seems to be scarce if not non-existent.
It does not matter whether your chocolate bar is tasty or not, if it’s not on the top of the
consumers mind at point of sale it simply won’t be chosen. Unfortunately Twix is seen to be
a non-key player within the Mars portfolio, a small brand with 2.5 times less the sales than
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its competitors Snickers and its direct competitor kit-Kat by Nestle according to Warc.
However this can be adequately addressed with fresh, innovative and tactical marketing
efforts in order to revive Twix’s sales.
2.4 PricingPricing in the confectionary market is quite stable.
Brands tend to sit within the €1 - €2 price range,
particularly those in direct competition with Twix. It is
generally not very common to differentiate based
solely on price in this particular industry.
2.5 DistributionTwix is available in convenience stores, supermarkets,
and most public places with vending machines. The
Twix bar itself has had many versions and limited editions in the past in an attempt to boost
sales for the brand. The following is a list of the previous and some current brand extensions
and their corresponding geographical locations.
Ireland/Uk Europe US Australia Asia
Triple Chocolate
Chocolate Ice Cream Twix (Bars)
Twix Tea Breaks
Twix Top
Ice Cream Twix (Bars)
Bisc& Twix
Twix Xtra
Choc 'N' Orange Twix
White Chocolate Twix
Twix Super Thick Shake
Cookies-n-Creme Twix
Chocolate Fudge Twix
Gingerbread Twix
Twix Miniatures
New Twix
Ice Cream Twix (Pot)
White Chocolate Twix
Twix Topix
Twix Cappuccino
Twix Fino
Dark Chocolate Twix bisc & Twix Top Choco
Peanut Butter Twix
Twix PB
Twix 100 Calorie Bars
Dark Chocolate Twix
White Chocolate Twix
Twix Coconut
Twix Java
Twix Pods
Mint Slice billu
Coffee Twix
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2.1 Market situation and analysis of the brand 2.1.1 EconomicTwix are operating in a growing economy. Confectionary sales are expected to increase by
16% this highlights the opportunities for growth in the future (MarketLine, 2015). These
products are seen as inelastic goods to an extent. In Irish term, consumer spending has
increased .08% since 2013 (Trading Economics, 2016 (a.)). The increased consumer spending
is due to increased consumer confidence, according to Nielson, consumer confidence is at
97. This is good news in terms of inelastic products. Decreasing unemployment rates have
also contributed to the increase in consumer spending with unemployment rates dropping
consecutively by .01% each month since April 2015 (Trading Economics , 2016 (b.))
Emerging economies are dominated by independent retailers and don’t favour private labels
surprisingly (KPMG, 2014). Below we can see the spending tendency of those in Ireland and
the UK. Over all the segments, half came in at €2.13 (Bord Bia , 2014).
Driven by low inflation, record breaking low interest rates have been seen and there is
speculation that they may continue through until 2020. Currently the figure stands at 0.05%
in Europe (The Independent , 2015). In terms of the economic sentiment indicator, Europe
has seen its second consecutive decline in 2016. There was a decrease in both the euro area
(by 1.3 points to 103.8) and the EU (by 1.5 points to 105.2) (Europa, 2016 (a.)).
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2.1.2 Social
The world's population is increasing and aging. Decreasing fertility rates in emerging
markets along with lengthening life expectancy in developed regions has reshaped the age
structure in most regions of the world (NIH.com, 2016).
Along with the aging population there is a growing trend towards the smaller family unit.
There is a forecasted decline in the average number of children per family to 1 per
household by 2020, in contrast to this there was 1.9 per household in 1980. With the
exception of the Middle East and Africa, by 2020 all regions globally will have an average
number of children lower than 2 per house. Overall, the change in the structure of families
will have an intense impact on household spending patterns in addition to housing types.
The family model of the future will become a significant part of the consumer market
segment, causing a knock on effect on marketing in terms of product range, size and type.
There will also be room for discretionary spending as the number of children per family
decline (Euromonitor International, 2013).
The number of schoolchildren speaking English as a second language has soared in recent
years. Although learning English is compulsory in some EU countries a clear majority of
pupils chose to learn English. Across the EU there is an average of 85% of pupils studying
English as a second language (Europa, 2016 (b.)).
It is predicted that by 2050 the proportion of people receiving no education at all will
converge to zero. By 2050, only five countries are predicted to have a rate of no education
above 20%: these are Burkina Faso, Ethiopia, Guinea, Mali and Niger (Our World Data ,
2015)
The global chocolate consumption levels
are indicated below.
According to the United Nations
department of economic and social
affairs, the world population reached 7.3
billion as of mid- 2015. This means that
there has been an increase of
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approximately one billion people over the last twelve years. There remains a near equal
divide between the males and females worldwide. 12% of the global population is aged over
60 while 26% are younger than 15. Projected growth is supposed to be slower than past
figures. Growth resides around 1.2% per year. Expectations for 2030 are a population
reaching 8.5 billion (ESA.org, 2016).
2.1.3 Technology
A major development is the increasing availability of 3D Printing. Possibly one of the biggest
buzzwords in the manufacturing technology sector in the last few years. There is little doubt
that 3D Printing will change the face of manufacturing removing lengthy times from
innovation to production to market (Cerasis.com, 2015).
2.3 Industry environment The following are the key trends within the confectionary industry:
1. Demand rises driven by emerging markets e.g. Nigeria, Saudi Arabia
2. About 70% of the world's confectionary growth is gained from eight markets: Brazil,
China, Colombia, India, Russia, South Africa, Turkey and Vietnam
3. Consumer tastes changing. The most dramatic shift has been to dark chocolate. This
shift has been driven by the perceived health benefits. There has been a 93%
increase in the growth of dark chocolate product launches and as a result dark
chocolate now accounts for 20% of the American market. China is the highest dark
chocolate market with 34% share in 2013
4. The rise of premiumisation, convenience, flavour variety and also added value
5. Craft, innovation and branding are pushing sales of smaller players and thus driving
larger competitors to become more creative and personable
6. The onset risk of cocoa demand exceeding supply. Mars currently fears this could
happen as soon as 2020 if the industry does not react
7. Sustainability is pivotal. Those in the confectionary industry must go further than
single, isolated initiatives, moving towards a strategic approach will improve yields
and build consumer trust further
8. Obesity is becoming the detriment to both society and the industry itself. Companies
need to consider healthier products in order to create a shield against this factor
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9. Digital technology could revolutionise supply chain and timing. 3D printing can
significantly decrease the time to market and thus innovation and competition is set
to intensify (KPMG, 2014)
2.3.1 New Entrants
Regarding new market entrants, Cadbury Ireland have recently
announced and gave confirmation that the original Time out bar
has been officially removed from the Irish market. However, this
is in order to make way for the new “Time Out Wafer Bar” (The
Journal.ie, 2016). The new format of the Time Out Wafer now
means that there is only one bar instead of the original two this
means that they have shifted into a different sub category and aren’t directly competing
with Twix. Although the new Time Out might not be considered a direct competitor, it is still
a competitor none the less and Twix risk losing sales once the new bar is released.
2.3.2 Substitutes
On the topic of substitutes, there are dozens of Twix replicas on
the market in terms of own brand products. Lidl and Aldi are
renowned for their takes on branded products and when it comes
to Twix it’s no different. Aldi offer a cheaper Twix alternative,
which goes by the name “Jive” costing 85 cent (Stretching Costs.com , 2015 ). Lidl have
basically the same replica Twix product called ‘Caramel &
Biscuit’ costing 25 cent signally.
2.3.3 Competitive environment
The key players in the confectionary industry include: Nestlé SA, Kraft Foods Inc., The
Hershey Company, Lotte Group, Ferrero Group, Barry Callebaut AG, Perfetti Van Melle SpA,
Ezaki Glico Co., Ltd., Meiji Seika Kaisha, Ltd., Morinaga & Co. Ltd., Lamy Lutti S.A.S., Leaf
International B.V., Want Want China Holdings Limited, and Vidal Golosinas SA (Business
Wire, 2013). Although all of these are significant players in the confectionary industry the
following direct competitors were established. The competitors were chosen due their
similar format to the Twix bar.
2.3.3.1 Direct Competitors
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2.3.3.1.1 Kinder Bueno
Product: Kinder Bueno, part of the Kinder Chocolate brand line, is a hazelnut
cream filled wafer with a chocolate covering (Kinder Bueno, 2016).
Place: Kinder Bueno can be bought in supermarkets, convenience stores and
vending machines
Price: The average Price for a Kinder Bueno is €0.90 (Tesco.com, 2016).
Advertising Promotion: Recently Kinder concentrated on a new ‘enjoy the great taste for
free’ promotion, with a fashion focus. This was through an on pack offer giving consumers
the chance to win one of three trips to a fashion capital New York, Paris or Milan, with €500
spending money. It was seen to be a perfect offering for Bueno’s core female audience.
Kinder also focused on TV support to heighten consumer awareness (Talking Retail , 2013).
Sales Promotion: Kinder Beuno bars are sold signally in packs of 3 and in packs of 5 (Kinder
Bueno, 2016)
2.3.3.1.2 Kit Kat
Product: Kit Kat is a chocolate-covered wafer biscuit bar confection created by Rowntree's
of York, England, and is now produced globally by Nestlé,
Place: Kit Kat can be bought in supermarkets, convenience stores and vending machines.
Price The average price for a Kit Kat bar is €0.77 (Tesco.com, 2016)
Sales Promotion: The Kit Kat bar comes in many varieties and pack sizes
Advertising Promotion: Nestlé and Google launch KitKat 'YouTube my
break' campaign Using Google’s voice search function, consumers
worldwide can say, "OK Google, YouTube my break" to any Android mobile,
or any mobile device with the Google app installed. After watching a
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short KitKat video on YouTube, they then see a playlist of the top trending videos on the
platform and can share this content via social media (Nestle.com, 2015).
2.3.3.2 USP A 3 layer combination of chocolate, caramel and biscuit provides a unique and very specific
type of chocolate bar, this compiled with the quality of Mars chocolate provides Twix with
their USP. No other branded two fingered ‘biscuit’ bar currently exists on the market. A
competitor table was devised using key elements that customers found important when
choosing a chocolate bar (Ward & O'Loughlin , 2016).
Taste Light Vs Heavy Size Nutritional Information Score
Twix 4 5 2bars 148 calories 12g of fat and 24g of sugar
Kinder Bueno 5 4 2bars 244 calories 16g of fat 17g of sugar
Kit Kat 3 4 4bars 232 calories 11.3g 23g of sugar
Time Out 2 3 2bars 170 calories 9.6g 14.6g of sugar
Twirl 3 4 2bars 230 calories 13.2g of fat 24g of sugar
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2.3.3.3 SWOTStrength’s Weaknesses
Lower calorie count than competitors
Great taste
Strong Partnership with retailers
Strong brand recognition
Financially stable
Strong manufacturing competence
Diversified geographic presence
Focus on developing and offering nutritious products
Sustainability initiatives
Weak customer engagement
Outdated strategy
Poor marketing efforts
Product isn’t salient in customers mind
Opportunities Threats
80% of consumers said they loved the taste of Twix
Huge potential around customer engagement
Twix is easily recognised and known
Great span of scope budget wise
Americas 12th favourite chocolate bar
Customisable chocolate confectionery for special occasions
Expanding the Fair Trade range
Expansion of emerging markets
Ethical, Healthy, Organic and Natural products
Novel Flavour combinations
Health movements
Obesity Issues
Tough competition particularly against
● Time Out● Kinder Bueno ● Twirl● Kit Kat
Market is saturated with competition
Threat of Healthier substitutes
Private Label Chocolate
Rising prices of raw materials
Higher End Brands
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3. Market segmentation and customer analysis 3.1 Market segmentationSugar rush: These are the consumers who use Twix as a
quick and easy snacking bar when they are on the go.
These consumers need a fast fix, something that will
satisfy them and keep them going during the day. This
consumer is looking for a bar that is more substantial and
“heavier” in terms of a fuller feeling after consumption.
Family treat: These consumers are looking for a snack that is family friendly, one that all
ages will enjoy. These consumers tend to purchase larger pack sizes or “share bags”. These
consumers seek out more than just a product they want an experience that their kids will
enjoy too.
Enjoyment: These are the consumers who snack with the purpose of “treating” themselves.
These consumers understand that everyone needs to indulge once in a while if not more.
There can be two reasons behind this, either strict dieting with a “cheat day” or a consumer
who has a constant sweet tooth. Either way, they both recognise that it is important to relax
and enjoy food.
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Market segments
Sugar rush
Enjoyment Family treat
3.2 Target market/segmentation characteristicsPreviously Twix have been known to mainly target middle aged working men, this is evident
through most of their advertisements as they fail to include woman. The new campaigns
goal is to make Twix a slightly more female friendly bar while still also capturing the male
segment. The new campaign Twix Together is aiming at an overall equal balance of gender
and a wide age span of 15-45 year olds.
Geographic Twix is a global grand covering many corners of the globe within a wide range of climates including: Ireland/UK, Europe, US, Australia and Asia
DemographicBoth men and woman of all ages but predominantly 18-45 years old who reside in all areas aforementioned. The Twix Together campaign wants to incorporate all family by incorporating multipacks and share bags. As confectionary items are inelastic Twix will chose to target middle income families and upward.
PsychographicTwix will target ABC1C2D - Upper middle class, middle class, lower middle class, skilled working class and working class (WebWindows , 2016).
Lead busy lives and deserve a moment to themselves with their loved ones
Want to feel as though they are indulgingEnjoy chocolate but wants more than just a product
Twix will target those who are fun, outgoing, bubbly and love to socialise and be part of a group
BehaviourTwix product benefits will be pushing consumers towards a communal experience, one filled with friends and family – those who matter
Moderate – 1 – 3 times a weekHeavy – Daily use
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3.3 Market research findings3.3.1 Personas The following personas were created using primary and secondary information. John
represents the current consumer of Twix. The idea of the ‘Twix together’ campaign is to
target current customers while including other market segments. The other two personas
represent the market that Twix currently don’t target their products to.
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4. Brand vision In order to see what Twix as a brand need to address moving forward, the following
empathy map has been devised. This will help identify what the ideal consumer perspectives
will be in terms of the current and proposed target market at the end of the Twix together
campaign
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5.
Brand equity application Research has shown that consumers at the top level of the pyramid, have stronger
relationships with the brand and spend more on the brand than those at lower levels of the
pyramid. However, more customers will be found at the lower levels. Marketers must
develop activities and programs that help consumers move up the pyramid (Marketing
Lessons , 2015).
After focus groups it was decided that Twix customers are generally on the performance
level of the pyramid as they are satisfied that Twix performs as a chocolate bar. Some
customers may reach the advantage level of the pyramid but this is generally a weak level
for Twix and needs a strong push. Although some may sit at the top of the pyramid, such
strong brand loyalty is rare in the FMCG categories.
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6. Brand positioning
The consumer target is comprised with confectionary eaters and those who want to treat
themselves. A notable consumer insight is that there is a strong desire to be part of the
bigger picture in 2016. Consumers are seeking a communal product experience, one that
they can enjoy together rather than by themselves (Bord Bia , 2015). Their need state is one
based around seeking a tasty product (Ward & O'Loughlin , 2016) but with added service
and experience elements. It is no longer just enough to provide a product. Brands must
create a story and connection with their consumers in order to satisfy them on a deeper and
stronger level. The competitive products set can be seen in many ways. Firstly, in
comparison to two fingered bars only, or secondly against all chocolate bars. Finally, the
competitive set could comprise of all confectionary items or even all snack items in total.
The consumer takeaway from Twix is a behavioural push towards connect together with
family and friends, one that cannot be matched by any other chocolate brand on the market
at present.
In terms of points of parity, there are many aspects that compare for instance the playful
and fun elements of confectionary brands. It can also be seen in the pricing strategies.
However, in terms of contrasting aspects Twix take pride of a few. Their sharing and
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togetherness aspect cannot be rivalled nor can their strong branding imagery or their length
on the market.
To identify where Twix is positioned in comparison to their competitors a perceptual map
was drawn (Ward & O'Loughlin , 2016). The vertical axis represents taste and the horizontal
axis represents propensity to purchase. During a focus group participants were asked to
place the bars (Twix,Kit Kat, Kinder Bueno Twirl and Time Out) on the axis that they felt best
described their feelings towards each bar (Ward & O'Loughlin , 2016).
A word cloud was also drawn in order to establish what
consumers felt the brand stood for. The main aspect
described was the product attributes with a lack of real
brand personalities. This promotes the need for Twix to
streamline their communications, targeting and overall
positioning. The fact brand meaning is absent cause’s
danger in a category where brand involvement is typically
high and quite frankly pivotal (WARC, 2014) (Ward &
O'Loughlin , 2016).
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7. Brand identity 7.1 Old
In terms of brand identity the kapferers model identifies all brand associations segmented
into 6 key areas. The current Twix campaign has failed to make strong brand connections
predominantly due to a lack of communications. At present, the only strong connection Twix
maintain is their physical brand identity through the packaging. This is also reinforced
through their iconic combination of cookie, caramel and chocolate. Other than this is was
quite a difficult task to identity other associations. For instance, the relationship Twix have
with their customers does not symbolise anything in particular. The company tried to create
a fun imaginary rivalry between two brothers. This is humorous however it doesn’t connect
with the customer on a deeper level. In terms of reflection, there was one main “top buyer”
for Twix, this was based on the older working man who didn’t care too much for “fancy”
upmarket chocolate bars and wanted something that was tasty and reliable. The self –image
is one based around humour, however Twix do not actively engage and maintain this on an
ongoing basis. The culture in Twix at the moment seems to be one solely based around
having a laugh while you pause. Once again, this is not an aspect that is intensely promoted.
Finally, the personality of Twix is extremely bare. Twix have exhausted their “left vs. right”
campaign yet they are completely unaware. Oblivious to the lack of brand
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personality/associations it has brought with it Twix have failed to go back to the drawing
board.
Overall, Twix is a brand with great potential however it is being crushed by a lack of
enthusiasm and creativity. Twix needs to create strong brand associations and perceptions
as a pivotal part in becoming a salient brand.
7.2 New
It is clear to see that this version is far stronger in terms of associations. The physique will
remain relatively similar however additional products and packaging will soon become
recognised under the Twix brand i.e Twixies and a gold shimmer packaging. Regarding the
relationship that Twix will symbolise, it will be one based upon having a great time together
with people who matter; be it loved ones, friends, parents, family members etc. This will be
reflected in their sponsorship with Odeon cinemas, a place where friends go to enjoy time
together. Twix Tours will also emphasise this symbolisation as they will appear at events,
concerts and festivals where people go to create memories with friends/family. The
consumer reflection will be seen in both sexes ranging mainly between 18-45 years old. At
Twix, it will be understood that enjoying time together has no gender role or age barrier!
Those who fit the reflection will be full of fun, people who enjoy a treat and like to be social
while doing so. Ultimately the ideal consumer will enjoy the simple things that matter in life
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with the people who matter to them. The self- image, or “mirror” will be of someone who
regards themselves as a happy, interactive, social, and entertaining human with a desire to
be part of the bigger picture. The culture at Twix will be adjusted to become much more
customer orientated. A happy brand environment that has sharing values at the core along
with a desire to enjoy life will not only create a transparent and omnichannel experience but
also resonate with the proposed target market. Finally, Twix’s personality will be built upon
a fun, friendly, helpful, bubbly, humorous and light hearted foundation. As a chocolate
brand there is so much room to create a strong, fun and playful image that not only is
exciting to manage but will also intrinsically lead to success.
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8. Strategic brand management tool choice of your own The brand value chain assesses the sources and outcomes of brand equity and the way in
which marketing activities create brand value. Any marketing activity can attribute to brand
value development for example product research, marketing communications or
development and design. The model assumes that a number of factors attribute to the
extent of which value created at one stage transfers to the next. The multipliers determine
the marketing activities ability to affect a customer's perception. This result depends on
factors external to the customer
1. Competitive superiority: How effective the quality and quantity of the competitors
marketing efforts are
2. Channel and other intermediary support: How much reinforcement and effort other
partners are contributing
3. Customer size and profile: The number of and what types of customers suitable or
not are attracted to the brand
The multipliers determines how brand value manifests in shareholder value. This depends
on the actions of financial investors and financial analysts.
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9. Brand objectives and goals. 9.1 Mission statement At present the Twix don’t have a mission statement. Using the objectives of the Twix
together campaign and future objectives of the Twix brand the following mission statement
was devised.
‘’At Twix our goal is to not only to create a chocolate bar that is delicious, but one that will
bring people together. We like the little things in life, and we want you to too!’’
9.2 Objectives for volumes, sales, market shares, gross margins, net profit, ROI
Twix is a relatively small brand, looking from a global perspective. They ranked 12th behind
Snickers (1st) and their direct competitor Kit Kat (3rd). Both generating 2.5 times Twix sales.
The truly reiterates the need for Twix to push their brand further (WARC, 2014).
The initial objective of this research is to increase brand associations and create a defined
brand personality.
Build a well-rounded, and identifiable brand personality by developing positive cognitive
connections with “togetherness” and “socialising”.
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Measured through extensive pre and post campaign research into the target
markets perceptions and associations with the Twix brand.
Actively managing a balance between the gender fluidity of Twix’s target market with
tactical promotions and product additions.
Measured through sales of Twix’s promotional gold shimmer package vs original
version.
Drive customer engagement and consumer generated content in an effort to create long
lasting relationships
Measured through monitoring social mentions/impressions, branded hash tag
mentions, an increase in the traffic to the Twix website and sales of Twix’s sold
online.
Drive sales incrementally from a combination of the above objectives and ultimately
increase market share in order to be on the same level as Twix’s main competitor Kit Kat
This will be measured through monthly sales figures
9.3 Convert objectives to goals by assigning magnitudes and dates To reach the overall objective
MAY JUNE JULY AUGUST SEPTEMBER OCTOBER
Sales
Figures
€10m
( ↑€5m)
€18.3m
(↑€8.3m)
€21.3m
(↑€3m)
€23.3 m
(↑€2m)
€18.6 m
(↓4.7m)
€18.3
(↓.3m)
Market
Share Increase from 2% to 4% to reach if not surpass their competitor Kit Kat
The sales figures were calculated using current sales figures as a guideline. In addition, Kit
Kat one of Twix’s main competitors was used for benchmarking purposes in sales terms.
The Twix Together campaign will initially run for 6 months. Success will be monitored on a
KPI basis from the objectives aforementioned. From here, it will be determined whether or
not to extend “Twix Together” further for another year.
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10. Key Findings1. No salience in consumers mind
2. Lack of strong marketing strategy
3. Poor brand to consumer communications
4. No clear brand association
5. No relatability to human emotions emphasised in current campaign
11. Recommendations There will be no drastic rebranding measures taken within the campaign as we found
customers of Twix are generally happy with the product they just ‘forget’ about it as a
chocolate bar. We have decided to run with the tagline “Twix Together” this will run
throughout the entire campaign in the following ways:
11.1 Promotional strategyIn an effort to drive engagement, increase product salience and create an overall excitement
around the Twix Together brand again the following promotional strategies have been
proposed:
11.1.1 Sales Promotion 11.1.1.1 WomenIn terms of Twix’s target market it is predominantly male. In order to shift this towards a
more equal divide a promotional strategy has been devised to increase the number of
female Twix consumers. The idea is to alter the packaging for a month to kick-start both the
Twix Together campaign while also creating a buzz around what Twix are doing. The
packaging will be changed ever so slightly, the well-recognised gold and red packaging will
shift to a gold shimmer and red. This has been chosen so that males won’t be singled out
completely and the brand identity will remain intact. This will act as the launcher to the
entire Twix Together Campaign. This will also hopefully turn into some positive PR for the
Twix brand.
11.1.1.2 Cinema sponsorship The cinema sponsorship will be rolled out in June, a month after the woman's packaging PR
stunt. In order to encourage the social aspect of the new “Twix together” campaign we
concluded that combining with a cinema is the most advantageous option for the brand and
its values. Both Twix and cinema have the intent to promote sharing something with friends
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whether it be food or time and memories. They also have a similar target market. We feel as
though the addition of our Twix share bag “Twixie’s” was created in perfect timing as it
perfectly conforms to the type of snack the cinemas offer. The idea is to Sponsor IMC
cinema as it is the most nationwide cinema in Ireland. IMC will stock our new Twixie’s
product. A free packet of Twixie’s and a medium popcorn will be given free of charge to
anyone who ‘checks in’ at the cinema using the Twix app with the expense subsidised by
Twix’s budget. Before each film starts Twix’s new advert will be aired. There will be free
cinema tickets up for grabs regularly which will be advertised through Twix’s social media
outlets. The sponsorship relationship will be beneficial for each party. Twix will avail of air
time before movies, it provides the opportunity to get Twixie’s sales up and running as they
shall be stocked as a snack available to enjoy during a film, the brand values of both parties
will combine to reiterate the message of pausing together, customer interest will be
increased if not completely regained as they will now be pushed towards engaging with the
brand in order to win free cinema tickets to socialize “together”, it will also add value to the
social media aspect of the Twix together campaign, and reinforce the message behind the
Twix together campaign.
11.1.1.3 TwixiesThis will be rolled out alongside the cinema sponsorship. Roy Benin, chief consumer officer
of Mars Chocolate North America said that "Consumers are looking for new ways to enjoy
and share our products, which makes offerings like this a delicious and convenient option
for social occasions or on the go." As an incentive to boost sales and create a new exciting
buzz around the Twix brand, we are introducing a delicious limited edition Twixie’s which
are made for sharing. The concept is to have finger sized bars within a bag of approx. 200g.
Adding a share bag as a limited edition will emphasize and encourage Twix users to ‘Twix
Together’. This form of promotion will directly link with our sponsorship deal with IMC
cinema, the sharer packs of Twixie’s along with a medium popcorn will be given free of
charge to anyone who downloads the new Twix app and ‘checks in’ in any of their cinemas.
11.1.1.4 The Twix tourThe Twix tour will be where a pop up Twix van will make appearances around upcoming
events, festivals, and other social gatherings. The Twix tour will start at the start of the
summer, in time for festival season. This is in order to create brand associations. Twix will
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soon become synonymous with socialising and togetherness with friends and loved ones.
The Twix van will offer an array of Twix inspired treats for all to enjoy together.
11.1.2 SocialThe campaign name is Twix together, and as aforementioned it is about enforcing the social
aspect of pausing and enjoying time with family and friends. We want to incorporate a social
media outlet for the brand to interact with their followers to encourage them to Twix
together. For this we have chosen three social platforms Facebook, twitter and Instagram.
Additionally an App will be created in order to link with our sponsorship deal.
11.2.1 Facebook#TwixTogether – Together with “Facebook Friends”
Facebook was considered to be a big player for Twix when it comes to engaging with their
target audience due to their age. Facebook will become a hub of consumer interaction with
live check in’s, cinema reviews and feedback, customer queries answered promptly and a
place where people can tell us who they Twix together with and why. There will also be a
photo reel of customers ‘Tweaked’ Twixies for all
to see. By connecting Facebook to the
platform to customise their Twix’s, this will
create a seamless omnichannel experience
hopefully driving similar orders.
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11.2.2 Instagram#Twelfie – Instagram is the home of the selfie so it seems fitting to ask consumers to snap an
adventurous selfie with their bar and not only tag the Twix page but build on the hashtag
within that app too. Instagram was chosen to become Twix’s hub of chocolaty foodporn for
all of its fans to drool over. Here is where we will post dessert inspiration using none other
than our Twix bars as a main chocolate ingredient.
11.2.3 Twitter #Tweetyourtwix – Encouraging consumers to tweet their Twix experience.
This is where we ask our followers to tell us about their Twix experience both with the bar
and our sponsored cinema, where we will actively ask them about their satisfaction and
where they can show us how they enjoy their Twix. The possibility of #Tweetyourtwix
trending on twitter would be a fantastic way to measure the campaign's success to
recognise if our social platforms are truly engaging consumers or not. Twitter is also a
fantastic way to follow what those are saying about you with social media monitoring tools
such as Social Mention.
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11.2 Product/packaging/design/labelling/service strategyThe product itself, the bar with cookie, caramel and chocolate will also remain the same.
This is due to a combination of both primary and secondary research. It was clear to see that
Twix is a loved brand based on taste.
Twix has existed on the market for decades. As a result, the branding of the packaging is
integral to the bars image. Thus, there is no changes to be made to the packaging at
present. However, promotional strategies will be implemented throughout the duration of
the Twix Together campaign this will be addressed in section 10.4.
Labelling will be adjusted slightly in order to allow for the first piece in the Twix Together
campaign. The “who will I Twix together with” idea. This is where who to Twix together with
suggestions will be placed behind the packaging seal fold. This aspect of the campaign is
taking inspiration from the jokes that became synonymous with Penguin bars. The idea is to
get people excited to see who they’ll be ‘told’ to enjoy their Twix with similarly to Coca
Cola’s immensely successful “Share a coke” campaign. This ties in the more than a product
aspect that is sought out by consumers.
11.3 Place and distribution strategyIntensive distribution is required in order to ensure it is available where and when the
consumer wishes to purchase it. Due to the glohal appeal of the Twix brand, Twix roducts
must have distribution channels across the US, UK, Europe, Asia and Australia.
Further to this, as part of the brand new campaign Twix will become available to purchase
online! Not only will consumers be able to order Twix bars from the Twix online store but
they will be able to “Tweak their Twix” too. This is where customers can create their own
Twix from an array of choices based on flavours and shapes. They can also customise their
own packaging too. The website will deliver to the countries mentioned above.
11.4 People strategyIn an attempt to make the Twix together strategy one that is understood by all it will be
ensured that all those involved at every level within the Twix brand will hold the same
values and understanding. Marketing objectives and brand personality cannot stop at the
product alone. Those involved in customer touch points such as the customer service
operators, the sales promotion people included in such events as the Twix tour and not
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forgetting those who run all social media accounts held by Twix need to have an
understanding of the personality and the identity that Twix holds. The people must be the
living embodiment of the brand conveying this personality back to the consumer in order to
maintain brand equity and strengthen the brand personality creating an omnichannel and
seamless brand identity.
11.5 PricingPrice will not be affected by the new Twix Together campaign. The industry itself does not
lend itself to low pricing nor extremely high pricing. Brands tend to stick around the €1
mark. The campaign does not exist to alter quality perceptions or enter into a new position
based on price. This will be addressed in other areas of the marketing strategy. Twix new
strategy will aim to target middle income families these will include the following: ABC1C2D
- Upper middle class, middle class, lower middle class, skilled working class and working
class.
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Appendix Focus Group Reference (Ward & O'Loughlin , 2016)
Date:
10/03/2016
Time: 7pm
Moderators
Aoife Ward
Sarah O’Loughlin
Brand: Twix
Number in
focus
group: 6
Duration: 30mins Location: It Carlow
Moderators Draft Visual Aid
Who are your favourite brands and why?
This caused huge discussion, the group tended to
lean towards bigger brand names like Coca Cola.
“it is everywhere, you cannot forget coke!” The
group reminisced on experiences they received
from brands and a big element that cropped up
was how “fun” the discussed brands had been.
Why do you buy chocolate?
The group mentioned these key factors:
Sugar rush, treat themselves, share with
friends/family on occasions, “chill out” movie
nights where mentioned.
What do you feel are the most important
qualities in a chocolate bar?
The groups general response when asked this
question was the taste, the filling feeling, the
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pack size/ format and the calorie, fat and sugar
content.
What are you opinions on chocolate:
The group’s general reaction was positive, all
admitting to indulging at least once a day in
some sort of chocolate related product. The
more heath conscious the participant the less
likely they were to binge more than once a day,
more so once a week.
What are your thoughts on the selection
available:
The group’s general reaction was positive to the
products laid out in front of them. There was
some mention of “old fashioned brands”
particularly towards Timeout.
I would like you to consider these 4 bars ;The
Twix, Kinder Bueno, Kit Kat, Twirl, Time Out
Please place them into appropriate groups based
on propensity to purchase and on taste.
Imagine that these products have personalities.
Please describe the personality
Time out was regarded as an old person, “well
gone” with no personality what so ever.
Twix was regarded as male, in his mid-40s not
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very exciting but sturdy and reliable
Twirl was described as a young girl with a bubbly
personality
Kit Kat was controversial, some felt it was an old
bar that they’d find in their “grannies house”
while others felt it was a good reliable bar
Kinder Bueno was described as the younger
persons bar.
How would you improve the bar?
“Make it younger and fun!”
When you look/ think of Twix, what words come
to mind??
The key words that were used were chocolate,
crunchy, biscuit, fingers, gold, caramel, filling,
snack
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