strategy presentation - gujarat foils_06 11 09
TRANSCRIPT
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Strategy Presentation Gujarat Foils
BY SUSHANT KAMBLE
FMCG Branding
Account Planning & Research Perspective
By
Sushant Kamble
Begin from the beginning
We know:
1. Size of the category: a) Aluminium foil industry: 5000 Crsb) Aluminium food wrapping foil industry 2001 :250 Crs
2. Category growth rates: Aluminium foil industry:15-20% p.a
3. Competition: One national active “brand” -FreshwrappMany local players – Jackson in Mumbai, SR in Delhi
4. Substitutes: Indirect – Ziploc bags, Thermal Tiffins, Tissue paper
We want to know:
Current size of aluminium food wrapping foil industry:Brand size:
Current growth rates of aluminium food wrapping foil industry
Market shares &Region wise local competitors
Scientific differentiation in benefit between these products and aluminium foils
Possible source:
Neilson: Paid one time report or regular paid data
IRS: Foil / Surrogate category
Internal sales data projections
Trade visit with sales force
1. Purchase all SKUs2. Guesstimate share of
shelf
Factory Visit
Quick environment Scan
Source:http://www.business-standard.com/india/news/gujarat-foils-to-invest-rs-350-cr-in-backward-integration/371597/http://www.hinduonnet.com/businessline/catalyst/2001/04/05/stories/1905l051.htm
Begin from the beginning
We know:5. Consumer behaviorI] Why they buy? -Keeps food fresh -Keeps food bacteria free. -Keeps oil from leaking -Preserves night food -Prevents fermentation
II] How Much they buy? Average 1.5 pack/month.
III] Why they don’t buy?- Perceived cost: Rs.100 - To be used only in summer - Not required for non oily food- Silver coating mixes in food.- Only people who don’t have time use it.
We want to know:Demographic andPsychographic consumer profile & media habits
Brand Objective:Increase penetration / consumption of existing products and /or introduce new products
Brand proposition: Which brand benefit will take up a unique position in consumer minds
Brand Personality: How is the brand perceived in terms of human qualities
Brand Identity: Logo, name, color, tagline, ambassador
Brand Strategy: Product (includes packaging), pricing, place, promotion
Possible source:Primary Research
Output of Primary Research
People know why don’t know why they buy, but they know why they don’t buy.
Housewives believe that aluminum foil keep food (Roti) warm, fresh and Healthy. (Definition of fresh for them is maintaining softness of roti)
Housewives buys aluminum foil because there friends buy it, because their children urge to buy it, and because retailer force them to buy by giving some incentives.
Among those who don’t buy it because they know that use of aluminum foil for wrapping chappati, doest help to keep it fresh.
Cotton Tissue paper is good and cost effective replacement to wrap chappatis instead of aluminum foil.
Where Nutriwarp Stands
Nutriwrap Distribution Network is very week.
Brand awareness is almost zero.
Packaging is Dull, doest stand out like freshwrapp and SR foils.
Nutriwrap is more use in local Saloons for Hair Coloring.
Nutriwrap is used in HUKA FOILS.
Unwanted SKU’s of Nutriwrap have created lot of confusions.
Brand ArchitectureRestructuring
Brand Architecture
Brand architecture is creating clarity or organizing chaos.
The speeds at which markets shift, corporations merge and new products come to market and subsequently become obsolete is ever increasing. A company better have a brand architecture that can accommodate new brands and still keep it simple.
“The brand architecture need not define how a company is organized internally. It is for the consumer to match his needs with company’s wide range of offerings wit ease.”
So, step 1 is to think of it from consumer standpoint… keep it simple.
Brand Architecture
Types of architecture:
1. Only corporate name: TATA, GE, FedEx, No FMCG
Plus: a) All Tata brands will be “trusted”. b) Saves cost of branding new brands.
Minus:a) If Tata AIG gets a bad name in consumer minds, so will Tata Motors probably.
b) Individual brands don’t have their own identities that reflect their brand proposition
Can we drop Nutriwrap and call all products Gujarat Foils? No. Also, Gujarat Foils is not a generic name. So this option is ruled out.
Brand Architecture
2. Both corporate name and brand name: Nestle’s Kitkat, Cadbury’s DairyMilk
Plus: It has the same advantages as type 1. Additionally, individual brands can have their own identities
Minus: a) If Tata AIG gets a bad name in consumer minds, so will Tata Motors probably.b) Selling off the brand is difficult.
Can we have Gujarat Foils, Nutriwrap and the variant name (school foils etc) ? Chaos. So, no.
3. Only brand name: HUL, P&G are examples of this type. All its brands have little reference to the parent Co.
We can go for this option.
Brand Architecture
As research helps us to target the whole new segment of Hair Color foil and Hukka foil, We have decided To extend the market to Saloons and Hukka foils where Kashmir Gate was only competitor.
Nutriwrap by its name stands for food, nutrition, freshness and health i.e. it is food packing brand. Therefore, below is the recommended structure.
Pls. note: Instead of Nutriwrap’s Chapati foil, we can call it Nutriwrap forChapatil. Chapati foil from the makers of Nutriwrap is possible but not recommended as it creates multiple brands in the minds of the consumers.
Should be launched as new brands “defined broadly”. For example, GFL Hukka foils.
Brand Architecture
We don’t recommend the following 2 structures, but if it is a business call to have “Nutriwrap” for all brandswe can go for either of them:
Rules:
1. Redefine Nutriwrap as, “a aluminium as well as plastic foils and containers brand”.
2. Add a word that helps create brand and line extensions using the same name.
3. Why “Aluminium foil” ?a) that’s how layman refers them.
b) It allows endless expansion in terms of form, shape, usage.
4.Any new form i.e. plastic or containers need separate heads
Brand Architecture
Another possibility is to group all SKUs basis target audience i.e. Customers & Business.
This will help us a) associate a word similar to “professional” which is more relevant to businesses.
b) B2B branding varies from B2C: B2B brands need to be less flowery, more direct and an affirmation of trust or quality.
c) Same product for different divisions can be named differently. For instance, in the below example, nutriwrap homefoil’s food clings are called nutriwrap professional’s plastic foils in B2B.
Brand Architecture
In Conclusion: There is no right or wrong approach. There are companies that don’t follow the pure approach and go for mixed architectures like the NIKE case below. If tomorrow, Gujarat Foils is picked up in news and becomes a name bigger than Nutrilife, subsequent new launches can have Gujarat Foils.
The beginning…
Sushant Kamble
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