...Brand Equity Model Maggi Noodles (Nestle India Ltd). About Nestle Nestlé India is a subsidiary of Nestlé S.A. of Switzerland. With eight factories and a large number of co-packers, Nestlé India is a vibrant Company that provides consumers in India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction. The Company insists on honesty, integrity and fairness in all aspects of its business and expects the same in its relationships. This has earned it the trust and respect of every strata of society that it comes in contact with and is acknowledged amongst India's 'Most Respected Companies' and amongst the 'Top Wealth Creators of India' Define Business (Purpose, Accomplish Authority) T.G. Earlier TG • Working Women • Children Recent Changes in TG • All age group People Fast and Hygiene Meal Company: Nestle India ltd. Brand Name: Maggi “Two Minutes Noodles” Products • MAGGI Vegetable Multigrainz Noodles • MAGGI 2-Minute Noodles • MAGGI Vegetable Atta Noodles • MAGGI Cuppa Mania Logo Taglines • Two minutes noodles • Taste Bhi Health Bhi (2005 To Current) • Mummy I am Hungry • Happiness is homemade • Cook different • Make the Most of it • Har do minute me khusiyan • Ready to cook • Fast to cook, good to Eat (1980) Current Tagline • Taste Bhi Health Bhi Brand Ambassadors Amitabh Bachchan Rohit Sharma Unmukt Chand Collateral Online Presence Website of Nestle...
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...[pic] FACULTY OF SCIENCE & TECHNOLOGY MAY 2015 EBTD 4103 NEW PRODUCT DEVELOPMENT MATRICULATION NO. : 850919085881001 IDENTIFICATION NO. : 850919-08-5881 TELEPHONE NO. : 012-278 1322 E-MAIL : mnoridham@oum.edu.my LEARNING CENTRE : Shah Alam Learning Centre TABLE OF CONTENTS PAGE NUMBER 1. INTRODUCTION OF THE SELECTED COMPANY ................... 2 2. LITERATURE REVIEW ON THE VARIOUS STAGES IN A PRODUCT LIFE CYCLE …………………………………………………......... 3 3. ANALYSIS OF THE SELECTED PRODUCT ACCORDING TO THE STAGES IN THE PRODUCT LIFE CYCLE .......................................................................................... 5 4. RECOMMENDATIONS TO THE COMPANY ON HOW THE COMPETITIVENESS OF THE SELECTED PRODUCT CAN BE IMPROVED ................................. 8 5. CONCLUSION ......................................................................................... 8 6. REFERENCES ......................................................................................... 9 1. INTRODUCTION OF THE SELECTED COMPANY 1. The Nestlé company history The history begins back in 1866, when the first European condensed milk factory was opened in Cham, Switzerland, by the Anglo-Swiss Condensed Milk Company. In Vevey, Switzerland, our founder Henri Nestlé, a German pharmacist, launched his Farine lactée, a combination of cow’s...
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...MANAGMENT | September 17 2012 | * Introduction to Nestle, * Maggie-Brief History, * Brand Extension,Repositioning * Maggi Products * Segmentation,Targeting,positioning * Promotional Strategy * SWOT Analysis * Success story * Improvements | Maggi Case Study | Harpreet Kaur INTRODUCTION TO MAGGI Maggi noodles is a brand of instant noodles manufactured by Nestlé. The brand is popular in Australia, India, South Africa, Brazil, New Zealand,etc Maggi noodles are part of the Maggi family, a Nestlé brand of instant soups, stocks, and noodles. In Malaysia, there are fried noodles made from maggi noodles known as Maggi goreng. Maggi noodles also introduced a new variety of its noodles, to cater for the health conscious like 'No MSG', 'Less Salt', and 'No Trans fat'. A wholewheat flour based noodle variation marketed by the name "Vegetable Atta Noodles" has been introduced in India (Atta flour is used in preparing most forms of wheat based breads in India) and caters to health conscious buyers wary of the refined flour used in the regular Maggi noodles. This move helps the brand in India as suburban mothers, who feed the noodles to children as an afterschool snack, are the primary customers of the brand. Recently, a line of rice noodles and whole wheat with pulses, carrots, beans, and onions has also been introduced in India. "Maggi" has become a well-known brand for instant noodles in India and Malaysia such as curry and chicken flavoured noodle soup. ...
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... | |Introduction of Nestle Company |5 | |3. | |Introduction to Maggi Noodles |7 | |4. | |Product Mix, Brands and Product Offering |9 | | |4.1 |Product Mix of Nestle |9 | | |4.2 |Brands of Nestle |12 | | |4.3 |Product Offering by Maggi |14 | |5. | |Market Segmentation, Targeting and Positioning |16 | | |5.1 |Bases for Segmenting Consumer Markets |17 | | |5.2 |Target segment of Maggi Noodles |19 | | |5.3 |Positioning of Maggi |20 | |6. | |Four P’s of marketing Mix ...
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...Q.1 How did Maggi climb the ladder of success through its branding activities in its initial years? Ans.NESTLE introduced Maggi brand in INDIA in 1982. Maggi also good substitution of chinese noodles in India Indian like spicy food habit so Maggi launched masala flavor to attract indian consumers. With the launch of Maggi noodles, NIL created a new food category in Indian packaged food market. In India, Maggi became a popular snack food product in fact, "Maggi" has become a generalized name for instant noodles in India Maggi brand replaced favourite Indian desi snack such as samosa and kachoris with hot bowl of maggi noodles Maggi brand make image of instant and convenience for housewife and working women. Maggi used tagline “fast to cook, good to It helps mothers with the promise of fast to cook and good to eat snacks.•eat” which support to indian audience. convenience savvy time misers‟ Power of Maggi Maggi belongs to brand Nestle It never uses Nestle name in its advertisements. It has become a brand in its own name Dominates Nestle brand Tagline Taglines like 'Mummy, bhookh lagi hai' (Mom, I'm hungry) Bas 2-Minute,' (Only 2 minutes) 'Fast to Cook Good to Eat' effectively communicated the product's benefits to target consumers Que 2: Child: ‘Mummy Bhuk Lagi Hai’, Mummy: ‘Bas 2 Minutes’. This became a household phenomenon instantly. What was the major reason for Maggi to pick up an Indian line of branding itself? Maggi is positioned as instant...
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...Maggi case. Will Maggi Bounce Back? Would Nestle be able to Leverage the crisis and Gamble on the Indian Market? Prepare a case study. It should include the following: Summary/ Introduction/Background/ Situation/ Impact/ Discussion/ Recommendations/Way forward Summary Nestle India’s popular 2-minute noodles Maggi accounted for 60% of the noodle sales in 2014. In 2015, Nestle faced the biggest hit after Maggi was recalled by FDI, after tests showed high levels of lead and MSG in the noodle. The tests conducted in other countries did not find the levels unsafe and recently the Bombay High Court struck down the nationwide ban questioning the test results. By analysing the situation it’s hard to say where the fault lies. Were there really unsafe amount of lead and MSG in the noodle? Were they framed? The way Nestle responded to the situation, was it wrong? What else could Nestle have done? What should Nestle do bring Maggi back? This case study will show how the situation developed, how Nestle dealt with it, and also how Nestle handled the customer’s queries. The case will also have recommendations on how to bring back Maggi to the customers’. Introduction Background Nestle first entered the Indian market by setting up a milk factory in 1961. Nestle India Limited introduced the Maggi brand to Indian consumers by launching Maggi 2 Minute Noodles, an instant food product in 1982. At that time they were trying to create a new food category of instant noodles especially targeting...
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...MAGGI CRISIS RISK MANAGEMENT & HACCP ESS 101 Managerial Economics Group 12 Pushpdeep Bahade Shreya Madhur Bajpai Manasa Rajbarath KR TABLE OF CONTENTS Contents Background _______________________________________________________________________________________________ 1 Beginning ___________________________________________________________________________________________________________ 1 Recent crisis and effects ___________________________________________________________________________________________ 1 Objective of the report_____________________________________________________________________________________________ 1 Financial analysis _________________________________________________________________________________________ 2 Monopoly power ___________________________________________________________________________________________________ 2 Substitution effect & Reverse Bandwagon effect ________________________________________________________________ 2 Impact on share price _____________________________________________________________________________________________ 3 Manufacturing Process ___________________________________________________________________________________ 4 Risk management ________________________________________________________________________________________ 5 Hazzard Analysis & Critical Control Points _____________________________________________________________ 6 Overview ____________________________________________________...
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...are meant for daily of frequent consumption and have a high return.. Maggi instant noodle is the major Nestle flagship brand which dominated the Indian instant noodles market for nearly three decades, according to data by market research firm Nielsen. Maggi products have been loved by Malaysia family generations. Malaysia is a melting pot of cultures united through their love for food. Through home-cooked food, families come together and share simple joys of life. In today’s fast-paced lifestyle, the struggle for times has made such occasions rare, slowly dissipating the beauty of homemade meals and togetherness. Maggi’s mission is to bring back the charm and wonders of cooking and sharing by offering a wide range of products and solutions to support mothers to prepare tasty and balanced meals for their family everyday. All Maggi products are locally produced in Malaysia are halal. Initially Nestle tried to position the noodles to working women since it was more convenient. Top Ramen is the second largest Noodles brand in India trying hard for the past 18 yeaers to be at Maggi Noodles, Top Ramen is a global brand from Nissin. Launched in 1991, Top Ramen has been trying all possible marketing tools to dethrone Maggi. Maggi has many competitors, the brand loyalty of Maggi is very low and thee is a high chance of shifting to a competitor’s product. So Nestle needs to increase its advertisements portraying Maggi as a healthy product and also need to come up with flavours that are...
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...sustainable growth and shareholder satisfaction. The company is known for its brand in the Milk Products & Nutrition, Prepared Dishes & Cooking Aids, and Chocolates & Confectionary segments. Nestle leads the value sales of noodles in India with a market share of 79.3%. A testament to Nestle’s domination of the sales of plain noodles is the fact that for its instant noodles brand Maggi, among all its global offices. India accounts for the highest level of volume sales for the company. The Company goal is to get 85% of the market share by 2014. The marketing plan analyses; the current marketing mix of Maggi Noodles, studies the popularity of the Maggi, its situation, Its Marketing Strategy, and to obtain the break even analysis of it. 1. INTRODUCTION: Ever since its launch in India in 1983, this brand has become synonymous with noodles. The bright red and yellow colours of the packet with the brilliant blue”2-minute Noodles” printed on it has found a place on every kitchen. Over the years, Maggi has grown as a brand and positioned itself as a “fast to cook! Good to Eat!” food product. The history of this brand traces back to the 19th century when the industrial revolution in Switzerland created factory jobs for women, who were therefore left with very little time to prepare meals. Due to this growing problem Swiss Public Welfare Society asked a miller named Julius Maggi to create a vegetable food product that would be quick to prepare and easy...
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...- INDIA CSR - http://www.indiacsr.in/en - Nestle decides to take Maggi off the shelves across country after food safety scare Posted By indiacsr On June 5, 2015 @ 9:41 AM In Corporate | Comments Disabled [1]IndiaCSR News Network NEW DELHI: Manufacturer Nestle India decided to take Maggi off the shelves late on Thursday after six states, including national capital Delhi, imposed a ban on the instant noodles following a controversy over food safety fears. “The trust of our consumers and the safety of our products is our first priority. Unfortunately, recent developments and unfounded concerns about the product have led to an environment of confusion for the consumer, to such an extent that we have decided to withdraw the product off the shelves, despite the product being safe,” Nestle said in a press release posted on its website late on Thursday night. The decision came on the day five states – Assam, Jammu and Kashmir, Gujarat, Tamil Nadu and Uttarakhand — cracked the whip against the popular ‘two-minute’ noodles that is widely consumed across the country and contributes over a quarter to Nestle India’s revenues. At least 10 other states have sent samples of Maggi noodles for tests amid a widespread panic “We promise that the trusted MAGGI Noodles will be back in the market as soon as the current situation is clarified,” Nestle said in the release. “MAGGI Noodles are completely safe and have been trusted in India for over 30 years,” Nestle reiterated, reacting to the lab...
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...Course Title: Principals of Marketing (MKT 101) Prepared For Kashfia Ahmed Senior Lecture Department of Business Administration East West University Prepared By Name of Students | ID | * Jahid Hasan Rajib * F M Alif Hossain | 2010-3-13-0592010-2-10-096 | Program : Bachelor of Business Administration (BBA) Semester : Spring-2011 Course Name : Principal of Marketing Course Code : Mkt101 Section : 1 East West University Date of Submission August 4, 2011. EAST WEST UNIVERSITY In writing this term paper, we are extremely indebted to almighty Allah who creates us is this transitory world along with concerned with this Term Paper. It could not possibly thank all of those marvelous people who have contributed a lot of this assignment. There are, of course some very special people who could not go without mention. First of all, we would like to convey our felt gratitude and regards to “Kashfia Ahmed” honorable Senior lecture, Department of Business Administration, East West University whose enthusiastic guidance and help during the entire study period made it possible for us to prepare this report. We are grateful to some prominent authors worldwide whose book I have consulted in the preparation of the assignment. We also thank to our course mates for their advice and comments to the success of the report. Thank You, Jahid Hasan Rajib Id- 2010-3-13-059 On Behalf of the Group September 28, 2012 Kashfia...
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...Course Title: Principals of Marketing (MKT 101) Prepared For Kashfia Ahmed Senior Lecture Department of Business Administration East West University Prepared By Name of Students | ID | * Jahid Hasan Rajib * F M Alif Hossain | 2010-3-13-0592010-2-10-096 | Program : Bachelor of Business Administration (BBA) Semester : Spring-2011 Course Name : Principal of Marketing Course Code : Mkt101 Section : 1 East West University Date of Submission August 4, 2011. EAST WEST UNIVERSITY In writing this term paper, we are extremely indebted to almighty Allah who creates us is this transitory world along with concerned with this Term Paper. It could not possibly thank all of those marvelous people who have contributed a lot of this assignment. There are, of course some very special people who could not go without mention. First of all, we would like to convey our felt gratitude and regards to “Kashfia Ahmed” honorable Senior lecture, Department of Business Administration, East West University whose enthusiastic guidance and help during the entire study period made it possible for us to prepare this report. We are grateful to some prominent authors worldwide whose book I have consulted in the preparation of the assignment. We also thank to our course mates for their advice and comments to the success of the report. Thank You, Jahid Hasan Rajib Id- 2010-3-13-059 On Behalf of the Group September 28, 2012 Kashfia...
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...CHAPTER ONE Introduction 1 1.1 INTRODUCTION INTRODUCTION TO NESTLÉ S.A. Nestlé began in Switzerland in the mid 1860s when founder Henri Nestlé created one of the first baby formulas. Henri realized the need for a healthy and economical product to serve as an alternative for mothers who could not breastfeed their babies. Mothers who were unable to breastfeed often lost their infants to malnutrition. Henri’s product was a carefully formulated mixture of cow’s milk, flour and sugar. Nestlé’s first product was called Farine Lactée (“cornflour gruel” in French) Henri Nestlé. The product was first used on a premature baby who could not tolerate his mother’s milk or other alternative products of that time. Doctors gave up on treating the infant. Miraculously the baby tolerated Henri’s new formula and it provided the nourishment that saved his life. Within a few years the first Nestlé product was marketed in Europe. In 1874, Jules Monnerat purchased the Nestlé Company. Nestlé developed its own condensed milk to contend with its competitor, the Anglo-Swiss Condensed Milk Company. The Anglo-Swiss Condensed Milk Company made products like cheese and instant formulas. The two companies merged in 1905, the year after Nestlé added chocolate to its line of foods. The newly formed Nestlé and Anglo-Swiss Milk Company had factories in the United States, Britain, Spain and Germany. Soon the company was full-scale manufacturing in Australia with warehouses in Singapore, Hong Kong and...
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...sources to facilitate our report. However, we will be glad to clarify in interpreting this analysis if needed. Finally, we have put our effort to make the report as informative as possible. We are thankful to you for giving us this unique opportunity. Yours sincerely Anamika Bardhan - 141-0141-630 Ekramuzzman Ekram - 141-0509-630 Humayra Chowdhury - 141-0508-630 Jarin Anjum Chowdhury - 141-0508-630 Samiul Haider Khan – 133-1316-630 acknowledgement We want to sincerely thank Mr. Zulfiquer Ali Haider, Faculty Member, School of Business, North South University, for giving us the opportunity to know how our study relates with real life work. We would like to thank Mr. Moasser Ahmed, (Brand Manager, dairy Nestlé Bangladesh Ltd) for helping...
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... and is about twice the size of its nearest competitor in the food and beverages sector. • Nestlé employ around 250,000 people from more than 70 countries and have factories or operations in almost every country in the world Nestlé Principle • Nestlé is based on the principle of decentralization, which means each country is responsible for the efficient running of its business - including the recruitment of its staff. Nestle India Products Nestlé India - Famous brand names Milk Products & Nutrition Nestle Milk Nestle Slim Milk Beverages Nescafe Classic Nescafe Sunrise Premium Prepared Dishes & Cooking Aids MAGGI 2-MINUTE Noodles MAGGI Imli Pichkoo Chocolates & Confectionary Nestle Kitkat Nestle Munch Nestle Dahi Nestle Bhuna Jeera Raita Nestea Nestle Milkmaid Nescafe Cappuccino Nescafe Sunrise Nestea Iced Tea MAGGI Sauces MAGGI Healthy Soups MAGGI CUPPA MANIA MAGGI Vegetable Atta Noodles Nestle Bar One Nestle Milky Bar Nestle Polo Nestle Eclairs Nestle Everyday Whitener MAGGI Pazzta Distribution System • Competitive edge over its existing rivals. • Nestlé has its own distribution networks equipped with all necessary transportation facilities. • They transport their products at major regional sales offices, which are situated at different cities of India. • These sales offices (distribution centres) have their own vans with sales people who sell and transport goods to the small retailers. Inbound Logistics Packaging Processing ...
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