Paper 14852
Paper 14852
IJARSCT
International Journal of Advanced Research in Science, Communication and Technology (IJARSCT)
International Open-Access, Double-Blind, Peer-Reviewed, Refereed, Multidisciplinary Online Journal
Impact Factor: 7.301 Volume 3, Issue 7, January 2023
Abstract: The biggest candy company in the world is Cadbury Schweppes. In 180 countries, they produce,
sell, and distribute branded beverages, confections, and chocolates that make people smile. They have been
in business for more than 200 years, and today consumers all around the world enjoy their products, which
include names like Cadbury, Schweppes, Halls, Trident, Dr. Pepper, Snapple, Trebor, Dentyne,
Babelicious, and Bassett. Over 70,000 individuals work at Cadbury Schweppes worldwide. The
confectionery division of Cadbury Schweppes plc, which is the market leader in the UK for chocolate, is
called Cadbury. Compared to Europe and the US, Cadbury's Asia-Pacific revenues are less significant.
Only 18% of the group's 2006 revenue of $7427 million came from sales in Asia Pacific.
Keywords: Cadbury.
I. INTRODUCTION
Since 2010, Mondelez International (formerly Kraft Foods) has controlled 100% of Cadbury, a British global candy
firm that was previously known as Cadbury's. After Wrigley's, it is the second-largest confectionery brand in the world.
In Uxbridge, West London, Cadbury maintains its global headquarters and conducts business in more than 50 nations. It
is renowned for its Dairy Milk chocolate, the Creme Egg and Roses assortment box, as well as numerous other candies.
One of the most well-known British trademarks, Cadbury was rated one of Britain's top exports in 2013 by The Daily
Telegraph. In 1824, John Cadbury founded Cadbury in Birmingham, England, where he marketed tea, coffee, and
drinking chocolate. With the help of his brother Benjamin and his sons Richard and George, Cadbury built the
company. George built the Bournville estate, a planned community.
With a commanding position in the Indian chocolate confectionery industry, Cadbury is a highly niche company in
contrast to its peer group, which consists primarily of full food firms. Because of this, it stands out from and
outperforms its competitors. FMCG businesses are the first ones to be impacted by the current economic slump. The
company's top-line growth has been directly impacted by the decline in consumer real income. Even so, Cadbury has
managed to increase its bottom line. The organization's use of corporate governance is what makes it successful. In this
report, we provide an update on its development, progress, and present value.
CHALLENGES OF CADBURY
Cadbury challenges commuters with 'Eyebrow Language’. Cadbury is capitalizing on the success of its global
"Eyebrows" campaign with a Canadian print and OOH campaign called "Eyebrow Language."
Targeting the younger end of the adult demographic, the campaign's creative is based on the "Eyebrows" TV spot, in
which two kids with crazy eyebrows pose for a photo. The "Eyebrow Language" creative, made exclusively for the
Canadian market, features ‘brows in different shapes that readers can translate into letters and words. Depending on the
medium, the message either offers the reader a chance to win a prize or, in the print ads, to participate in a stunt
executed at a specific time and location. On Monday, the decoded newspaper ad invited readers, hundreds of whom
showed up, to a sidewalk at College Park in Toronto, where they were to twirl, clap and yell "chocolate" to win a prize.
The media buy, handled by Cossette with creative by The Hive, are focused on Toronto and Vancouver, and include
daily commuter newspapers, a billboard at Yonge-Dundas Square in Toronto, transit ads in both cities and an online
banner buy. Launched last week, the commuter-paper ads are running three days a week for four weeks, changing each
time, as are the OOH ads.
not shared by any of its competitors. Referring to the example of Fuse, Cadbury lost a lot of money testing out the
combination of various ingredients and more than 250were combined before the recipe of the chocolate was finalized.
As the products are developed, Cadbury tests them to ensure that consumers are willing to buy them. Cadbury then
promotes its products in various ways such as the use of above the line promotion, which is where a product is
advertised through consumer media such as television, magazines, newspapers, and radio.
Weakness: -
Strong branding demands substantial financial investment.
Chocolate is not regarded healthy.
Sales tend to be seasonal.
Products are a bit highly priced.
It has lack of penetration in rural market.
Large population suffers from diabetes, cholesterol, disordes etc.
Dental problem with chocolate consumption.
It’s other competitors loose better international experiences.
Opportunities: -
Increase share through targeted acquisition.
Increases acceptance of globalization in sector.
Innovative in captured market.
Cadbury’s are under a massive American company called kraft, this may give Cadbury’s more audience.
Occasion celebrations & festivals in India.
Increases in the recent chocolate market (almost at 30%).
Besides low-calorie products they also provide sugar free candies.
Threats: -
No brand loyalty in chocolate market.
Competition (Amul & Nestle).
Preferences & availability of other substitutes (sweets & deserts).
New brands are entering.
Existing brands are introducing new variants
Entry of international brands.
Obsession with calories.
Negative publicity & controversies.
5 P’S OF CADBURY:
1 – PRODUCT
The average company will compete for customer by conforming to his expectation consistently. But the winner will
surpass them by constantly exceeding his expectation ,delivering to his door step additional benefits which he would
never have imagined. Cadbury’s offer such product. The wide variety products offered by the company include:
I. Chocolate & Confectionary
Dairy Milk
Fruit & Nut
5 Star
Break
Perk
Gems
Éclairs
Nutties
Temptation
Milk Treat
II. Beverages
2 – Pricing
Make no mistake. Second P of marketing is not another name for blindly lowering prices and relying on this strategy
alone to increase sales dramatically. The strategy used by Cadbury’s is for matching the value that customer pays to buy
the product with the expectation they have about what the production is worth to them.
Cadbury’s has launched various products which cater to all customer segments. So every customer segment has
different price expectation from the product. Therefore maximizing the returns involves identifying right price level for
each segment, and then progressively moving through them.
Chocolates Prices(in Rs.)
Dairy Milk 15
Perk 10
5 star 10
Fruit & Nut 22
Gems 10
Break 5
Nutties 18
Drinking Chocolate 50
4 – Promotion
Effective advertising is rarely hectoring or loudly explicit…. It often both attracts and generates arm feelings. Often, a
successful campaign has a stronger element of the unexpected a quality that good advertising shares with much
worthwhile literature. To penetrate the inner recesses of customer memory, communication must first ensure exposure,
grab his attention evoke his comprehension, grab his acceptance, and then extract retention competing with thousands
of other units of communication trying to do the same.
The next round of activity will include the wafer-chocolate Perk and the Picnic bar, which has faced problems with its
taste, because of the peanut it contains. Milk treat has also been launched in a module bar form, just in time of Diwali
gifting market. Éclairs has got potential for much wide distribution, in a small sweets that airlines, hostels, and up
market retail outlet offer to guest and customers.
5 – Positioning
In the 1970s consumers were ready to pay “more for more”, and luxury goods flourished. In the 1980s, consumers
began to demand “more for same”, and the discounting era grew strong. Today’s consumer demanding “more for less”,
and the winner will be that super value marketers…. Some of today’s most successful companies recognize those
customers are more educated and able to recognize true customer value.
Positioning is simply concentrating on an idea – or – even a word defines that company in the mind of the consumer. It
is more efficient to market one successful concept to one large group of people than 50 product or service ideas to 50
separate group… repositioning is a must when customer attitude have changed and product have strayed away from the
consumer’s long standing perception of them… Cadbury’s is an anchor in sea of confectionary products. As a variety of
competitive claims assails her senses, today customer uses complicated decision making process to assess the
alternative before making a purchase. Since Cadbury’s is more clearly associated with a particular set of attributes in
terms of benefits and prices, the quicker becomes her search process.
Segmentation: -
It involves finding out what kinds of consumers with different needs exist. In the auto market, for example, some
consumers demand speed and performance, while others are much more concerned about roominess and safety. In
general, it holds true that “You can’t be all things to all people,” and experience has demonstrated that firms that
specialize in meeting the needs of one group of consumers over another tend to be more profitable.
For example, Southwest Airlines focuses on price sensitive consumers who will forego meals and assigned seating for
low prices. In contrast, most airlines follow the differentiated strategy: They offer high priced tickets to those who are
inflexible in that they cannot tell in advance when they need to fly and find it impractical to stay over a Saturday. These
travelers—usually business travelers—pay high fares but can only fill the planes up partially.
Targeting: -
In the next step, we decide to target one or more segments. Our choice should generally depend on several factors.
First, how well are existing segments served by other manufacturers? It will be more difficult to appeal to a segment
that is already well served than to one whose needs are not currently being served well.
Secondly, how large is the segment, and how can we expect it to grow? (Note that a downside to a large, rapidly
growing segment is that it tends to attract competition). Thirdly, do we have strengths as a company that will help us
appeal particularly to one group of consumers? Firms may already have an established reputation. While McDonald’s
has a great reputation for fast, consistent quality, family friendly food, it would be difficult to convince consumers that
McDonald’s now offers gourmet food. Thus, McD’s would probably be better off targeting families in search of
consistent quality food in nice, clean restaurants.
Positioning:-
The term “positioning” is widely used within the marketing and advertising communities today, and its meaning has
expanded beyond the narrow definitions of Trout and Ries. Positioning is often used nowadays as a broad synonym for
marketing strategy. However, the terms “positioning” and “marketing strategy” should not be used interchangeably.
Rather, positioning should be thought of as an element of strategy, a component of strategy, not as the strategy itself.
The term “positioning” is, and should be, intimately connected to the concept of “target market.” That is, a brand’s
positioning defines the target audience. For example, an airline might position itself against other airlines, which
defines the target audience as airline travelers. Or, it might position itself against all modes of transportation between
two destinations, which then defines the target audience as all travelers between those two markets. The second
positioning reaches out to a much larger target audience.
Targeting of Cadbury:
Cadbury is looking to attract millions of new customers by shifting its strategy to focus on low-income consumers. The
British candy maker, which has been in India for more than 60 years and dominates the chocolate market, is making
candy affordable to this massive untapped segment with products such as Cadbury Dairy Milk Shots--pea-sized
chocolates, sold two to a package, for two rupees, or about four U.S. cents. These chocolates are encased in a sugar
shell to protect them from the heat.
Positioning of Cadbury:
Cadbury India has unveiled a new campaign that continues with the brand's 'Kucch Meetha Ho Jaye' positioning.
Created by Ogilvy & Mather, the campaign revolves around the theme of 'Pay Day', which is associated with happiness
by most people. Brand positioning is the aspect of the brand actively communicated to the target audience, specifically,
its competitive advantage, values and imagery. It is strongly related to the perception and image of the product. When
devising a positioning strategy for a product, marketers must establish a unique and distinctive image of that product in
the mind of the consumer. This will differentiate a company’s product from its competitors.
OBJECTIVES
• Maintain dominance in chocolate, confectionery, and market leadership in brown drinks
• New channels such as gifting, child connectivity and value for money offering to be the key growth drives.
• Grow volume of sales at least 20% p.a. over the next years.
• Achieve the goal of best manufacturing location in Cadbury Schweppes world for Dairy Milk and Éclairs.
• One new major product launches every year.
SECONDARY DATA :
Refers to the data which an investigator does not collect himself for his purpose rather he obtains them from some other
source‚ agency or office. In other words, this data has already been collected by some other source and an investigator
makes use of it for his purpose. Secondary data is different from primary data based on the sources of their collection.
The difference between the two is relative - data which is primary at one place become secondary at another place
DATA ANALYSIS:
Do you like to eat Cadbury chocolates?
Yes No
From the above analysis of the given sample of 100 respondants it is concluded that out of 100 people 95 people likes
to eat Cadbury chocolate while only 5 people don’t prefer to eat chocolates.
Which of following Cadbury chocolates do you prefer?
Plain chocolate
White nuts
With fruit raisins
With fruit and nuts
With caramel
According to the analysis it is concluded that most of the people like to eat fruits & nuts as compared to other segment
of dairy milk chocolates.
According to the above analysis it is concluded that out of 100 people who eat Cadbury chocolate 72 are attracted to
buy chocolate on discount and other 28 were attracted by some other reasons.
What do you think about the design and packing of Cadbury products? Is it ,
Good Bad Excellent
According to the analysis most of the people think that the desing & packing of the Cadbury products is Good.
What do you like the most about the Cadbury brand products?
Taste Quantity Quality
According to the above analysis most of the people like the Quality of the Cadbury Brand products.
Will you switch off buying Cadbury brand products when you will find some other brand better than that?
Yes No Never
According to the analysis it is concluded that most of the people are not going to switch off buying Cadbury products
when they will find better product to it.
V. CONCLUSION
Over the last year, the Cadbury Chocolates brand has moved from being perceived as a Choclates for “younger person”
to choice their Choclates for fun, enjoyment and love as well as for the “Elder person” also professionals. This has been
made possible not just by new packaging but by a complete positioning strategy which changed the image of the brand
and the perception of who can and should enjoy it. In this project it possible to see the success of Cadbury’s in it’s
indorse its strong potential to continue to do well