Marketing Management: Why I Have Choosen This Product
Marketing Management: Why I Have Choosen This Product
Marketing Management: Why I Have Choosen This Product
MY PRODUCT—COFFEE
1. NESCAFE
Nescafé is a brand of coffee made by Nestlé. It comes in many
different forms. The name is a portmanteau of the words "Nestlé"
and "café".] Nestlé first introduced their flagship coffee brand
in Switzerland on 1 April 1938. Nestlé began developing a coffee
brand in 1930, at the initiative of the Brazilian government, to help
to preserve the substantial surplus of the annual Brazilian coffee
harvest. Max Morgenthaler led the development project. Nestlé
introduced the new product under the brand name "Nescafé" on 1
April 1938.[1] Nescafé is a soluble powdered coffee that became
an American staple during World War II.[2]
In 1965, Nestlé introduced a freeze-dried coffee brand called
"Nescafé Gold" in Europe.
In 1966, Nestlé developed a freeze-dried coffee brand under the
name Taster's Choice.
The Company continuously focuses its efforts to better
understand the changing lifestyles of India and anticipate
consumer needs in order to provide Taste, Nutrition, Health and
Wellness through its product offerings. The culture of innovation
and renovation within the Company and access to the NESTLÉ
Group's proprietary technology/Brands expertise and the
extensive centralized Research and Development facilities gives it
a distinct advantage in these efforts. It helps the Company to
create value that can be sustained over the long term by offering
consumers a wide variety of high quality, safe food products at
affordable prices.
Nescafe
Parent
Nestle
Company
Category Beverages
Sector Food & Beverages
Tagline/
One Nescafe many coffees ;Good Food Good Life
Slogan
Nescafe STP
Target
All people in the upper and middle class
Group
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Nescafe.
Strengths are:
1. Strong Nestle brand name
Strengths
2.Excellent advertising and visibility
3.Good product distribution and availability
4.Lots of flavors and varieties available
Barista Lavazza
Parent
Lavazza
Company
Tagline/
Experience it
Slogan
USP Finest Italian and Arabica coffees and cuisine at great value prices
Barista Lavazza SWOT Analysis
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Barista
Lavazza. Strengths are:
1.Excellent brand name and brand visibility
2.Huge young crowd as target group
Strengths
3. Excellent Human Resource – Ambience and décor.
4. Strong brand recall and popularity amongst urban youth
5. Has over 200 stores across India
6. Loyalty programs to offer discounts and attract customers
TATA COFFEE
Tata Coffee is coffee company owned by the Tata Global Beverages, a
subsidiary of Tata Group. The company owns 19 coffee estates in southern
India.[3] The estates are spread across the districts of Coorg, Chikmagalur,
and Hassan in Karnataka and Valparai district in Tamil Nadu. Tata Coffee
is the largest integrated coffee plantation company in the world.[4]
Tata Coffee entered into a coffee sourcing and roasting agreement
with Starbucks Coffee Company to supply coffee beans to its coffee chains
in India In 2012, the two companies launched the equal joint venture Tata
Starbucks (formerly Tata Starbucks limited). According to the reports, Tata
Coffee established a $50 million greenfield instant coffee facility in Vietnam.
Tata Coffee Brand Analysis
Parent
Tata Group
Company
Tagline/
Discover the refreshing world of Tata Coffee
Slogan
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Tata Coffee
. Strengths are:
1. Strong brand name and one of the largest integrated coffee plantation in the world
2.Has brought about continuous improvement in harvesting and processing techniques by working
Strengths with Starbucks
3. Has diversified into timber business as well under brand name “Conswood”
4. Strong backing by parent company
5. Good distribution and availability
6. Good visibility through print ads
Weaknesses Here are the weaknesses in the Tata Coffee SWOT Analysis:
1.Intense competition means limited market share
2.Health conscious people avoid coffee as it Contains caffeine
3.BRU
BRU coffee is a part of Hindustan Lever and it is India’s largest
and favorite coffee brand that offers a range of Indian and
international coffee products. Since 1968, BRU has repetitively
strived to bring varied types of authentic coffee with premium
tastes to Indian consumers. After directing numerous coee trials
with coffee samples, they personally select the best coffee beans
and freshly roast them to serve consumer a great cup of rich
aromatic coffee, whether it’s coffee at home or at BRU World
Café.
Parent
HUL
Company
Category Coffee
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Bru coffee.
Strengths are:
1. Strong brand name
Strengths
2.Excellent advertising and visibility
3.Good product distribution and availability
4.Lots of flavors and varieties available
4.STARBUCKS
Starbucks Corporation is an American coffee company and coffeehouse
chain. Starbucks was founded in Seattle, Washington in 1971. As of early
2019, the company operates over 30,000] locations worldwide.
Starbucks has been described as the main representative of "second wave
coffee," a retrospectively termed movement that popularized artisanal
coffee, particularly darkly roasted coffee. Since the 2000s, third wave
coffee makers have targeted quality-minded coffee drinkers with hand-
made coffee based on lighter roasts, while Starbucks nowadays uses
automated espresso machines for efficiency and safety reasons.
MARKETING MIX
The marketing mix refers to the ingredients or the tools or the
variable which the marketeer mixes in order to Interact with a
particular market.
4P’s
1. Product
2. Place
3. Price
4. Promotion
The act brought into force in place of the PFA is the Food Safety and Standards Act,
2006 (hereinafter referred to as "FSSA") that overrides all other food related laws. It
specifically repealed eight laws which were in operation prior to the enforcement of
FSSA:
BRANDING
my product- coffee
logo=
SWOT –