INTRODUCTION Kit Kat was launched in 1937. Since then‚ it has consistently been one of the best selling chocolate bars on the market and has acquired an instantly recognizable brand name and identity. In 1997‚ British sales of Kit Kat amounted to some Europe 227 million‚ which made it easily the most popular confectionery product on the market. Forty four Kit Kats are consumed every second in the UK! The UK confectionery market is worth over Europe 5 billion per annum and is highly
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Nestlé launches new campaign for Kit Kat; uses animation for the first time in India The campaign serves to take the brand’s ’Have a break‚ have a Kit Kat’ philosophy to the next level; it urges busy youngsters to take a breather and notice the fun events in their surroundings * Sign-in * Register The History of Kit Kat This product was developed as a four-finger wafer crisp‚ initially launched in London and the South East in September 1935 as ’Rowntree’s Chocolate Crisp’ and re-named
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Changes to Packaging over the Last Few Decades There are plenty of reasons that we need packaging. It protects products and other items so they aren’t harmed and even helps loose items‚ such as liquids‚ stay in one compact area. While packaging started out simple‚ as just a way to keep products together and safe‚ it has evolved over time. Now it is a form of advertisement that helps build brand identity and sell items. Some of the most significant changes to packaging occurred within the last few
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Question 1 Division of marketing for Kit Kat – chocolate bar‚ into geographic ‚ demographic‚ psychographic and behavioural segmentation. Geographic segmentation The market is broadly divided into Urban (cities and towns) and Rural (villages). Kit Kat caters the high urban need by making products available that too with a variety with the help of which the rural crowd can be kept attracted. Rural needs are also kept in mind and there is nothing even required for Kit Kat to make an effort to attract rural
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Introduction Kit Kat is known by everyone for its tasty chocolate wafers but also for its “have a break”. Kit Kat‚ Kit Kat Chunky or Kit Kat balls are the most famous products in the French market‚ but the bars of chocolate exist all over the world in more than 70 countries. Here are some key facts: * The Kit Kat range‚ which is produced in York‚ makes up approximately 23% of Nestlé Confectionery UK sales. Almost a quarter of the Kit Kat sales are of four–finger Kit Kat. * The UK is the
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The term Sales Promotion broadly refers to all those promotional activities which are undertaken to stimulate interest‚ trial or purchase of a product by the end user or other intermediaries in between. Besides advertising and personal selling‚ all other activities undertaken to promote a product can be classified under sales promotion! | |According to the Institute of Sales Promotion‚ "Sales Promotion comprises that range of techniques used to attain sales or marketing objectives in a cost effective
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Long term maintenance of a classic brand name A Nestlé case study Page 1: Introduction Kit Kat was launched in 1937. Since then‚ it has consistently been one of the best selling chocolate bars on the market and has acquired an instantly recognisable brand name and identity. In 1997‚ British sales of Kit Kat amounted to some £227 million‚ which made it easily the most popular confectionery product on the market. Forty four Kit Kats are consumed every second in the UK! The UK confectionery market
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How do businesses grow? The objectives‚ which a company wants to achieve‚ can be varied. They can range from sales revenue maximization‚ increasing market share to growth. Growth is one of the most common and sought after corporate objectives because of its relative advantages. This is so because many perks come with the expansion of a business‚ which appease almost everyone. When a company grows it achieves economies of scale‚ it increases its market shares and thus wipes out competition
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the Great Recession‚ the sales of premium chocolate brands went flat. However‚ Hershey’s sales‚ profits‚ and stock price increased as many consumers passed up higher-end goods in favor of Hershey’s chocolate bars‚ Reese’s Peanut Butter Cups‚ and Kit Kat wafers. Hershey seized the opportunity of this trend by running new ads that stressed their value. It also cut costs by paring back the varieties of products such as Hershey’s Kisses. As supermarkets reduced the shelf space they allotted to premium
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The main competitors of Kit Kat are ‘Time Out’‚ ‘Mars’‚ ‘Twix’‚ and ‘Ferrero’. Among the entire competitors ‘Time Out’ is on the top name of the list. According to the survey most of the people prefer Kit Kat rather than the other chocolates. Cadbury is one of the most popular companies for chocolate. It is known for its original milk chocolates. But when it comes to the snack bars‚ the first preference is ‘Kit Kat’. Hence we can say that the competitors are trying to improvise the original wafer
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