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Objective: Health Staples (Millets, Quinoa) - Market Size, Relevant Channel, Competition and positioning
strategy
Approach:
Step 1 - Market Sizing & Competitive Landscape
Step 2 - Customer Segmentation
Step 3 - Customer Targeting
Step 4 - Value Capture and Need Gap Analysis
Step 5 - Positioning Recommendations based on Value Propositions
Step 6 - Develop Go-to-Market Strategy
Key Questions:
Competitor benchmarking - We will map the major competing brands against the ITC brands in the given
product category. For ex: Maha Millet’s multi millet flour will be mapped as a competing brand against
ITC’s Aashirvaad multi millet mix.
Group No. 23 – Nikita Gulgule (B19031) | Snehal Tiwari (B19055) | Anusha Sinha (B19068) | Aditya Kashyap (B19121)
Step 3: Customer Targeting
Develop customer insights based on data sources including primary data collection
Select target segments based on discussion with firm on relevant criteria (for example - potential market
size & ease of accessing the segment)
Timeline:
Time in Weeks 1 2 3 4 5 6 7 8
Market Sizing and competitive landscape
Customer Segmentation
Customer Targeting
Mid Review
Value Capture and Need Gap Analysis
Teaming Remotely:
Considering the novelty of the remote working situation, we plan to coordinate majorly over call, emails,
google documents and zoom. We also plan to explore applications such as Trello for schedule
synchronization and Drawp Unlimited for white boarding in order to coordinate effectively.
Group No. 23 – Nikita Gulgule (B19031) | Snehal Tiwari (B19055) | Anusha Sinha (B19068) | Aditya Kashyap (B19121)