A STUDY OF THE CONSTRUCTION OF BCG MATRIX FOR NESTLE INDIA Tarun Jain1 TABLE OF CONTENTS Executive Summary Objectives Research Methodology Introduction Studying the construction of BCG matrix for Nestle Conclusion Suggestions Limitations Bibliography Annexure – I (The BCG Matrix explained) Annexure – II (List of Nestle Products worldwide) Annexure – III (List of Nestle Products offered in India) Annexure – IV (List of provisional stores surveyed for the study) 1 For details‚ visit http://ssrn
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Maggi Under Pressure In late 1997‚ global FMCG major Nestlé SA’s Indian subsidiary Nestlé India (Nestlé) launched a ’new‚ improved‚’ formulation of its noodles brand‚ Maggi (a snack food cooked in water along with a flavoring agent called the ’tastemaker.’) This change was the first since the brand’s launch in India in the 1980s. The new formulation had thinner noodles and a different flavor. The company reportedly wanted to infuse fresh life into the brand to deal with stagnating sales. Nestlé
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stratergies of magi noodles Promotional campanes in schools Advertising stratergies * Focusing on kids Availability in diff pack sizes * Packaging is the biggest plus point of magi market penetration * They have product available in all sizes to tap the categories of consumer New product innovations Following are the stratergies undertaken by magi to launch new products * Nestle sa introduced magi brand in india by 1982 with launch of magi 2min prod as instant noodles product *
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AN OVERVIEW ON NOODLES PRODUCT… Instant noodles are dried or precooked noodles fused with oil and often sold with a packet of flavoring. Dried noodles are usually eaten after being cooked or soaked in boiling water for 2 to 5 minutes‚ while precooked noodles can be reheated or eaten straight from the packet. Instant noodles were invented by Momofuku Andō of Nissin Foods‚ Japan. Page 1 History Instant noodles were first marketed by Momofuku Ando‚ who was born in southwestern Taiwan
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studied 4 P’s of marketing mix which includes PRODUCT‚ PRICE‚ PLACE and PROMOTION for Maggi Tomato Ketchup. Product highlights various attributes of the product. Price helps us in analyzing whether it is competitively priced or not. Promotions showcases which mode of promotion is most effective and how do consumers respond to various celebrity endorsements. Place focuses on efficiency of distribution network of Maggi Tomato Ketchup. We have also drawn out some inferences by applying various statistical
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1980s‚ but the signs of a major skirmish in the making are clearly visible in India’s food sector. The instant noodles market in India‚ which has long been dominated by Swiss giant Nestle with its brand Maggi‚ has been seeing a flurry of activity with new entrants stocking the shelves in recent months. Be it GlaxoSmithKline’s Horlicks Foodles‚ Hindustan Unilever’s Knorr Soupy Noodles‚ or ITC’s Sunfeast Yippee‚ each is out to grab a share of the consumer’s palate and wallet. Devendra Chawla
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TP://KNOWLEDGE.WHARTON.UPENN.EDU/CATEGORY/VIDEO/) Wharton‚ University of Pennsylvania (http://www.wharton.upenn.edu/) The K@W Network: ἰ ὐ English 简体中文 (http://www.knowledgeatwharton.com.cn/) MARKETING (HTTP://KNOWLEDGE.WHARTON.UPENN.EDU/TOPIC/MARKETING/) 繁體中文 (http://www.knowledgeatwharton.com.cn/zh-hant/) Changing Habits: Finding a New Recipe for Success in India’s Food Markets Español (http://www.knowledgeatwharton.com.es/) Portugués (http://www.knowledgeatwharton
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2.1 Types of Inventories Nestle (Malaysia) Berhad is a big company which produce various types of products. For example‚ coffee and beverages‚ food‚ milks‚ liquid drinks‚ infant nutrition‚ breakfast cereals‚ chilled dairy‚ ice-cream‚ confectionery and many other. According to the annual report 2012 of Nestle company‚ it shows that‚ the amount of inventories during 31 December 2012 is RM411‚170‚000‚ while during 31 December 2011 the amount of inventories is RM517‚573‚000 . After comparing both
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BCG Matrix Opportunity - Threat Analysis Submitted to: Professor Clyde By : Parth Mithani Roll No. 60 F.Y.M.M.S. Alkesh Dinesh Modi Institute for Financial & Management Studies. 1) The BCG Matrix The BCG / Growth-Share matrix is a model developed by the Boston Consultancy Group in the early 1970’s. It is a well known tool for a marketing manager. It is based on the observation that a company’s business units can be classified into four main categories based on combinations of market growth
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Marketing Situation 1.1 Introduction to Noodle Market • Noodles are a value added item made from flour. Amongst processed cereal products in India‚ noodles have a share of output and constitute the largest segment in this sector of the processed food market. • Noodles can be classified according to type of raw materials used in their manufacture‚ the type of manufacturing method used‚ and the form of the product on the market and the size of the noodle strands. • The most popular especially
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