Nescafe sunrise Brand extension_submission 2
-
Upload
sameer-mathur -
Category
Marketing
-
view
93 -
download
1
Transcript of Nescafe sunrise Brand extension_submission 2
![Page 1: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/1.jpg)
Brand Extension Analysis : Nescafe Sunrise
Submitted by : Shrey Vig (PGP/30/281 )
![Page 2: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/2.jpg)
Manufacturer : Nestle
• World’s leading company in the ‘Nutrition, Health and Wellness’ space
• Portfolio offering tasty nutritious products in Food and Beverages categories
• One of the leading F&B companies in India with strong brands like : • Nescafe• Maggi• Nestea• EveryDay• A+
• KitKat • Munch• Bar One• Alpino• Milkybar
• Neslac• Baby & me• Polo• Eclairs
Revenue (2014) = ₹ 101.3 Bn
Earnings after Tax (2014) = ₹ 11.9 Bn
![Page 3: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/3.jpg)
Category : Coffee• Market Size (2014) : INR 38.9 million
Expected Market Size (2019) = INR 46.5%
• CAGR (2009/2014) 35.5 % (Volume)124.1 % (Value)
• Main categories of Coffee :• Freshly Ground Coffee• Instant Coffee
• Main Players :Nestle
HUL
Narasu
Others
![Page 4: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/4.jpg)
Parent Brand : Nescafe• Brand Share ( Coffee ) : 37 %• Share Growth
2010 2011 2012 2013 201430.00%
32.00%
34.00%
36.00%
38.00%
33.10%
34.50%
35.90%36.80% 36.80%
Nescafe Market Share
• Revenue (2014) = ₹ 14.32 Bn • One of the Most loved Brands in the
world
![Page 5: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/5.jpg)
Brand Extension : Nescafe Sunrise • Fine blend of Coffee and Chicory
Coffee (70%) and Chicory (30%)• Slow Roasted for Rich Aroma in ‘Aroma
Granules’• Stronger blend of coffee• Introduced in South Indian markets
![Page 6: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/6.jpg)
4 P’s : Product• Instant Soluble Coffee• Fine blend of Coffee and Chicory ( 70:30 and 60:40 (Sunrise Strong))• What Chicory adds to the Coffee ?
• More bitterness• Woody Aroma• Mellowing affect
• Slow Roasted Coffee for more Aroma• Granulated Coffee with – ‘Aroma Granules’• Available in – Saches ; Bottles ; Refill packs( 10g , 50g, 100g, 200g, 500g )
![Page 7: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/7.jpg)
4 P’s : PriceComparing Prices of Different Coffee’s in Instant Soluble Coffee Category ( taking Nescafe and Bru – total 68% market share )
Nescafe
Bru
Sunrise
Classic
Gold
Instant
Gold Instant Narasu’s Instant Coffee
Granulated instant Coffee
100
207.5
460
160
214
160
210
Sunrise Premium 154Lowest Price Point in Instant Coffees
![Page 8: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/8.jpg)
4 P’s : Place• Launched in Andhra Pradesh• Expanded to other South Indian markets• Available in Channels :• Kirana/Convenience Stores• E-Commerce sites• Modern Retail
![Page 9: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/9.jpg)
4 P’s : Promotions• Online Facebook Page• https://www.facebook.com/NescafeSunrise/
info?tab=page_infoSlow Roasted Coffee for more Aroma
• Commercials : TV, Cinema• https://www.youtube.com/watch?v=WnuKjwD-QbI• https://www.youtube.com/watch?v=zotot3XZYjU• https://www.youtube.com/watch?v=sil-BRYExvE
• Posters ( Point of Sale , Outdoors)• Offers : Celebrity Ambassador:
Suriya
![Page 10: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/10.jpg)
Segmentation and Targetting
• Segmentation Bases used :• Geographic : launched and available in South India• Behavioural : for people who like strong taste and aroma• Age : young characters ( a couple ) depicted in all ads• Affordability : lowest price point for people who aren’t willing to spend a lot
on coffee
Target Segment Characterization Young people ( couples ) in southern India who prefer strong and aromatic coffee but are not willing to spend a lot on coffee
![Page 11: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/11.jpg)
Competition• Coffee Category• Out of home consumption : All Cafés and canteens• In-home consumption :
Roasted and Ground Coffee with Chicory (sold packaged and unpackaged) Offered by local players like – Café Coffee Day , Narasu’s, BRU, Cotha, Leo etc.
• Instant Coffee Category In-home consumption :
Bru Instant Coffee Narasu’s Instant CoffeeTATA Mr.Bean Coffee
![Page 12: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/12.jpg)
Points of Parity
• Instantly Soluble in Water
• Good taste
• Available in a range of volumes ( from 10g Sachet to 500g bottle )
• Rejuvenating
![Page 13: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/13.jpg)
Points of Difference
• Richer Aroma• Low Price
Slogan on Facebook :
Aromatise your Mornings
![Page 14: Nescafe sunrise Brand extension_submission 2](https://reader033.fdocument.pub/reader033/viewer/2022061510/55d17c74bb61ebbd528b46fd/html5/thumbnails/14.jpg)
References
• Euromonitor :• https://www.portal.euromonitor.com/portal/statistics/changemeasure• https://www.portal.euromonitor.com/portal/analysis/related
• Nestle :• https://
www.nestle.in/investors/stockandfinancials/documents/nestle-india-annual-report-2014.pdf• www.nestle.in