about snack industry (1)
TRANSCRIPT
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Presentation onParle Monaco Smart chips
Submitted To:
Nikhil Monga
Submitted by:
Narinder Rajput
Akshay Tiwari
Neeraj
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About Snack Industry
Large and diverse the snacks industry dominate byunorganized sector.
Industry growth rate 10% for the last 3year.
Branded segment is much smaller at 2200 cr. In India estimated to be worth $3 billion.
Frito lays enjoy a share of 45%, haldiram 27%, ITC16%.snack
According to survey almost 1000 snack and 300 typesof savories are sold in India.
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Company Profile
India largest manufacturer of biscuits andconfectioneries for almost of 80 year.
In 1929 a small company by the name of Parle productemerged in British dominated India.
Smaller factory was set up in suburbs of Mumbai , tomanufacture of sweet& toffees.
Since 1971 Parle has 40 % share of total biscuit market
,15% share of total confectionery market in India, Parlehas grown to become multi million dollar company .
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Availability of Product
Kirana/ general store
Tea shops
Railway stations
Place where the culture program of villagebeing organized.
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STP
Segment
Health conscious people.
Target GroupAll age groups lower , middle class people
Positioning
Wafer for people who want to be healthy
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Market Structure
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Brand and their Offering
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Market Share
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Brand extension
Brand extension is marketing strategy in whicha firm marketing a product with a welldeveloped image uses the same brand name
in a different product category.
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Health and taste perception
High on tasteLays Monaco smart chips
Bingo
hippo Aliva
unhealthy healthy
low on taste
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SWOT
Strength
Excellent branding and advertising
Excellent distribution and availability
Celebrity brand ambassador Low fat chips.
Better understanding of consumer psychology
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Contd
Weakness
Many competitor in this segment
Not too many flavors
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Contd
Threats
Entry of various new entrants ITC etc.
Local bakery product.
Increase in distribution on cost.
Hike in cost of production due to increase inraw material cost
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Questions
Comment on the celebrity endorsement doneby Parle Monaco.
Would the proposed brand positioning give a
competitive edge to the company?
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