KETCHUP
KETCHUP
KETCHUP
In India, brand has two product categories under this strategic brand name:
Noodles and Soups. As part of the brand extension and value creation
objective of the company, Nestl now is going to launch Ketchup in Indiai
market. Ketchup and Sauce business of Nestle under the brand name is very
much profitable and successful in other countries specially South Asian
regions like in Nestle India (10,000 tons per annum) and Nestle Malaysia
(12,000 Tons per annum). In most of the countries, where has launched its
ketchup range, it has become the market leader in this category.
Following this heritage and business excellence in ketchup business, Nestl
India is also interested to explore the business in local market. Moreover, in
India, there's a huge market for Ketchup and sauces. A very good number of
players including some very strong local players are operating successfully
in this market.
Now Nestle would like to launch in this segment and making a five years
marketing plan.
By the early 18th century, the table sauce had made it to the Malay states
(present day Malaysia andSingapore), where it was discovered by British
explorers. The Indonesian-Malay word for the sauce was kchap. That word
evolved into the English word "ketchup".[3]
Many variations of ketchup were created, but the tomato-based version did not
appear until about a century after other types. By 1801, a recipe for tomato
ketchup was created by Sandy Addison and was later printed in an American
cookbook, the Sugar House Book.[4]
1. Get [the tomatoes] quite ripe on a dry day, squeeze them with your hands
till reduced to a pulp, then put half a pound of fine salt to one hundred
tomatoes, and boil them for two hours.
2. Stir them to prevent burning.
3. While hot press them through a fine sieve, with a silver spoon till nought but
the
skin
remains,
then
add
a
little mace,
3 nutmegs, allspice, cloves, cinnamon, ginger, and pepper to taste.
4. Boil over a slow fire till quite thick, stir all the time.
5. Bottle when cold.
6. One hundred tomatoes will make four or five bottles and keep good for
two or three years.
The salt in this recipe, which served as a preservative, yields an extremely salty
taste. This recipe is important because tomato was not widely accepted by
people in North America in the early 1800s. Many people incorrectly believed that
tomatoes, which resembled their cousin nightshade, were poisonous.
James Mease published another recipe in 1812. In 1824, a ketchup recipe using
tomatoes appeared in The Virginia Housewife (an influential 19th-century
cookbook written by Mary Randolph, Thomas Jefferson's cousin). American cooks
also began to sweeten ketchup in the 19th century.[5]
As the century progressed, tomato ketchup began its ascent in popularity in the
United States. Ketchup was popular long before fresh tomatoes were. [6] Many
Integrity - We always tell the truth, act with the highest ethical
standards and ensure that our products are of the highest quality.
well
brings
success,thing
uncommonly
well
brings
study
andEquiTrend
brand-equity
study
OBJECTIVE:
RESEARCH METHODOLOGY
Research Design
A research design is the arrangement of conditions for
collections and analysis of data in a manner that aims to
combine relevance to the research purpose with economy in
procedures. It is a descriptive cross sectional design .It is
the
conceptual
structure
with
in
which
research
is
conclusive research.
Sampling Plan
Sampling plan is a distinct phase of research process. In
this stage I have to determine who is to be sampled, how
large should be the needed sample and how sampling unit is
to be selected.
Population
In my research, I have defined my population as a complete
set of customers of Sagar City.
Sample Survey
As compared to census study, a sample study has been
conducted by us because of:
Wide range of population, it was impossible to cover the
whole population
Time and money constraints.
Sample Unit
In this survey I took the list of customers from the dealers of
Ketchup
Sampling Technique
The
close
ended
questions
included
both
CONSUMER GROUPS
consumer behaviour :Referring to Solomon (2006, p.27) consumer behaviour is the study of
the processes involved when individuals or groups select, purchase,
use or dispose of products, services, idea or experiences. Consumer
behaviour focuses on how individuals make decisions to spend their
available resources on consumption related items. That includes what
they buy, why they buy, when they buy, where they buy it, how often
they buy it how often they use it, how they evaluate it after they
purchase and the impact of such evaluations on future purchases, and
how they dispose it. Schiffman and Kanuk (2004, p.8)
Consumer attitude :According to Ajzen (1998) the attitudes are the first determinant of
behaviour intention. In consumer behaviour context attitude is a
model of consumer
PRODUCT PROFILE
About Maggi Tomato Ketchup :-
[source : http://upload.wikimedia.org/wikipedia/de/thumb/0/06/Maggilogo.svg/677px-Maggi-logo.svg.png]
onion
powder,
garlic
powder,
mixed
spices
and
preservative (211).
2. PROMOTION :a. They promote their product very effectively through television by
adding humour in the ads.
b.
c.
They also use strategy of free product samples to promote it. They
have distributed samples in various mall and schools in Delhi.
It is available in different variants: Kissan Ketchup and Kissan Sauce (no onion no
garlic), Kissan Tomchi.
The product ingredients are water, tomato paste , sugar, salt, acidity regulator
(260),Stabilizers (1442 & 415), condiments, onion powder, garlic powder, mixed
spices and preservative (211).
The thickness is more as compared to Maggi Ketchup. Due to the hidden quantity of
the tomato paste in the ingredient.
2. PROMOTION :a.
b. The new campaign of Kissan has positioned the Kissan Ketchup a unique product .
Taking the tag line "Aao banaye pakode behtar" translated to "Making Pakode taste
better". In these series of ads, the brand plays a second fiddle to the main snack. The
brand takes the positioning of a "Great Accompaniment "
3. PLACE : Sold in India, U.S.A and Australia. The distribution network is well spread as it is
easily available in all karyana stores, retail store etc.
4. PRICE :Kissan Ketchup is priced at Rs 91 (1 kg bottle).
http://www.mrsbectorfoods.com/images/sauces_img.jpg
No particular celebrity endorsement is used by the Mrs. Bector for cremica tomato
ketchup.
b. They promote their ketchup through hoardings, wall paintings and from various fast
food corners like McDonalds, Pizza Hut, and Subway.
3. PLACE :a. The company is a major player in the institutional sales segment and supplies to
c.
It also makes products for the food divisions of major FMCG companies
including a chocolate topping for Kwality Wall's, the ice-cream brand of
Hindustan Lever.
d. It has also partnered with Cadburys ITC and EBI Foods, a UK based firm. It has
HINGZ
390
Management
staff
and
Management staff
470
Non-
Product :
Glucon D
Complan
Nycil
Sampriti
VP HR is Mr.Mohan
MARKETING STRATEGIES
CHAPTER-4
MARKETING STRATEGY
4.0 MARKETING STRATEGY:
Our marketing strategy is based on a positioning of product differentiation.
On the consumer side, we have targeted the middle to upper class
households who need ketchup for family and their children to add extra taste
to their eating. Most of the middle class consumers want the price of the
ketchup be 40 to 45 tk. i.e. they want lower- priced product with high
durability and preservation ability. Most of this segment can be
demographically described by age (3045).
Besides, we have set a goal to serve some restaurants on the business side.
This target market ranges from the small to three or 5 star hotels who want
to serve their customers ketchup with a different but wonderful taste and
want more preservation within a reasonable price.
Each of the four marketing mix strategies conveys our differentiation to the
target marker segments identified above.
4.1 POSITIONING:
Company& Target
Product
Consumers
Benefits
Nestl()
More
(Ketchup)
Quality
conscious
consumers of
ketchup
Price
At an
affordable
preservation price for the
ability and
middle class
tasty
and
upper class
families.
Value
Proposition
Tastier, spicy
ketchup from
the pure
ingredients at a
moderate price.
target market segments value. Feedback from market tests, surveys and
focus groups will help us to develop our ketchup. We are also measuring and
analyzing customers attitudes toward competing brands and products by
surveying in the households and restaurants. Brand awareness research will
help us to determine the effectiveness and efficiency of our messages and
media. As we want to establish our own image, we will initiate questionnaire
to be acquainted with the consumers need and wants. Finally, we will use
Customer satisfaction studies to gauge marker reaction.
ABOUT COMPETITORS
PRODUCT OFFERING:
Ketchup is going to launch two popular variants in the market. has created
tomato ketchup and chili ketchup that are differentiated and superior to
competitors. Customers can taste the quality and freshness of the product in
every bite. The following are characteristics of the product:
1. 1. Best quality
2. 2. More durability
3. 3. Posses no harmful chemical ingredient
Brand
Pran
340
40
Best
340
49
Ahmed
340
40
Druk
400
63
Roza
Meridian
300
285
45
46
BD
340
50
Ketchup
300
49
Others
Targeted Consumer
Avg. 320
17.9%
Avg.45
100.00%
Pran: The ketchup market is dominated by Pran with its 20% market share
with 340 gram packed size which is sold in taka 40. Pran is the best selling
sauce in household. Middle and upper-income households prefer pran for
home consumption. In terms of availability, Pran is available in most of the
store. High numeric distribution of Pran can be seen nationally. It has 250
distributors in all over India. Pran is giving highest trade promotion to the
retailers. It offers credit for the retailers for highest selling in the market.
Best: Best is also the most popular brand in the middle & upper income
households. It holds 19.3% market share with 340 gram packed size which is
sold in taka 50. Best is the best selling sauce in foodservice area. In Fast
food shop 4gm best sauce is very much popular. It is giving competitive
trade promotion to the retailers.
Ahmed: The local brand Ahmed gains 13.4% market share with its 340
gram packed size which is sold in taka 40. The middle-income household
mostly uses for it in home consumption.
Druk: Druk is the most popular brand upper income households. It acquires
the best selling sauce in foodservice area. Most of the renowned restaurants
use druk for food serve. Druk has 11.6 % market share with its 400gram
packed size which is sold in taka
63.
Roza: Roza possess 7 % market share. It is also consumed for household
consumption as well as restaurants. The chili flavor is mostly used in the
restaurant.
Meridian: Meridian is used mostly for in home consumption by the middleincome households. It gains 5% of the total market share. It gives incentive
trade promotion for retailers. It offers 1 Sauce free for 1 dozen of sauce
purchase for retailers.
BD: BD is the newly entry sauce industry in the ketchup market. Within a
short time, it gains 3.5% market share for TV communication with high
frequency.
Ketchup: Foreign brands Ketchup acquire 2.6% share with its 300 gram
packed size which is sold in taka 49. Resturants and upper-income
households is the main customer of Ketchup.
Others: Roma, Kohinoor, Kimball, Del Monte, Seema, Suree and others
have the rest market. Most of them are used in the restaurants. Most of
the restaurants use Chili sauce for cooking and other purposes.
Despite this strong competition, Ketchup can carve out a definite image
and gain recognition among the targeted segments. Figure-2.1 shows
competitive companys markets share holding :
No
INTREPRETATION:
INTREPRETATION:
The reason Behind not selling of Ketchup Products are:
56% i.e. 74 out of the 137 Retailer dont sell because of
unavailability.
22% i.e. 31 out 137 say due to Low Promotional schemes
16% i.e. 22 out of 137 say they dont due to Low Margin.
And remaining 6% say 9 retailers say they dont sell due to Lack
Of Demand.
INTREPRETATION:
Rs 9000 onwards
INTREPRETATION:
INTERPRETETION:
Dont come
182 retailers had said that the DSR visit once in a Week.
22 retailers had said the DSR visit Twice in a week
123 retailers had said the DSR come after 10 days.
And 165 retailers had said DSR dont come to their outlets.
INTREPRETATION:
INTREPRETATION:
217 Retailers said that they are aware of the current Schemes.
Where as 136 Retailers said that they dont know any of the
companys schemes.
Cash
Credit
INTREPRETATION:
185 out of 267 Retailers had said they purchase on cash.
And remaining 82 out of 267 Retailers had said they take credit
too.
3 Days
1 week
2 weeks
More
INTREPRETATION:
48 out of 82 retailers had said they get credit only for 3 days.
While 34 had said their credit limit is up to 1 week.
More
INTREPRETATION:
96 out of 267 retailers had said they get delivery with in 24
hours.
128 said they get delivery on 2nd day.
24 had said the stock is delivered at their place on 3rd day.
And remaining 18 had said they get delivery after 3 days.
LIMITATIONS:
We are lucky enough to get a chance to prepare a report on marketing Plan
for introducing in Ketchup in India We tried heart & soul to prepare a wellinformed report. In spite of trying our level best, there may be some lacks in
the paper. Those lacking are following:
%
In the month of June, all organizations remain busy. So, the
employees were too busy to answer our queries.
%
It was too short time to make a overall marketing plan in only 2
weeks.
%
We also faced a destruction of all our documents for wastage of
the hard disk of our computer. In spite of our massive problem, we at
last have tried to make it fulfilled. We beg your pardon for our
unintentional delay.
CONCLUSION
concentration,
full
care
analytical
,descriptive
Bibliography
QUESTIONNAIRE
Qno2. Do you sell Ketchup Product?
Yes
No
Ketchup Ketchup
Complan
Nycil
Sampriti
Glucon-D
Rs 9000 onwards
Dont come
More
More