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Group No: 6

Aryan Kushwaha
Kajol Sood
Manjeera Anand
Reshma Susan Thomas
S Parvathy Madhu
Introduction
Baskin Robbins is an American chain of ice-cream
and cake speciality which believes in everyday
premium variety. Its parent company is Dunkin’
Brands and BR has over 8,000 retail outlets
spread across more than 54 countries.

They serve both take-home quarts and pints


along with hard scoop ice-cream to be consumed
in the parlor, the common ground being
innovation with flavours and a feeling of
youthfulness.

Majority sales are attributed to impulse buying,


leaving only a meager percentage towards in-
store sales. Given the highly seasonal nature of
Ice-cream along with Dunkin’s offerings at Dunkin’
Donuts, we thought Chocolates could be an
attractive extension category for BR.
5C Analysis
Company Customers Competitors Collaborators Context

> World’s Largest > Caters to adults > Cold Stone > Promotional >The demand for
chain of Speciality as well as children Creamery campaigns with ice-cream (flagship
Ice-cream shops with 31 flavour > Ben & Jerry's celebrities and product) is highly
> Parlors operate variety > Dairy Queen newest releases; in seasonal
on Franchise > Premium > Amul: Already 2020 collab with >15% of purchases
model segment opened scoop the BTS are made for in-
> Frozen desserts, > Young, peppy, parlors > Franchise owners parlor consumption
beverages and feminine attributes and the customer
cakes drive the facing staff
> Present in more youngsters(visits
than 54 countries with friends,
colleagues,
children)
Brand Equity of Baskin Robbins
explain the brand equity of the brand
Reasons for Brand Extension

● Seasonal nature of Ice cream sales in India.


● Leading players have diversified into other food business areas, to reduce the reliance on ice cream sales.
● Homespun brands are also bringing in premium offerings
● Premium flavours are the image drivers for the Baskin Robbins, but other brands are also adopting it-
Mother Dairy(Western Classics),Amul(Exotica) and Vadilal(Gourmet).
● Premium ice cream segment suffers from low volume which means the company cannot benefit from
economies of scale.
● Parlours constitute close to half of Baskin-Robbins’ turnover in India, sustaining the ice-cream business on
parlours alone is a tough proposition in India because of high overhead and logistics cost.
Brand Extension Candidates Evaluation
CONSUMER CORPORATE

● Increase in demand for ● Diversified portfolio and


premium dark and milk premium offerings in line with
chocolates from health the image of the brand
conscious consumers ● Major part of revenue brought
● Indian consumers are becoming in from consumers who target
experimental chocolate users premium products. Product
with many preferring extension may bring in more
unconventional flavors revenue
● Growing number of vegans ● Targeting the same segment of
open up new target segments customers and adopting
to extend towards vegan and similar marketing practices as
non-dairy chocolates existing ones lead to less cost
● Millennial population putting on marketing
greater emphasis on ● Marketing strategies such as
ingredients and ethical products introducing a “Flavour of the
● The products are both hedonic month” strategy can be
in nature continued
Brand Extension Candidates Evaluation - Continued

COMPETITIVE FACTORS

● Their ice-cream portfolio is well


diversified in flavors which can be easily
adopted for chocolates
● Packaging of Baskin Robbins evokes
strong reminders of liveliness of the
associated flavour.This along with the
brand recognition can attract customers
for trial affecting competing brands.
BRAND EXTENSION FOR BASKIN ROBBINS: CHOCOLATE

● The market size for Chocolate Confectionery is ● Even though the companies leading the
expected to grow steadily over the next few market offers a wide variety of products in
years the category, none of them offers innovative
● The covid-19 outbreak has impacted the flavours.
forecasts for the India confectionery market. The ● The unique flavours offered by BR could be
market is predicted to grow by 6.1% in 2020 and incorporated in chocolates to create such
the market value to grow with a CAGR of 8.2% innovative flavours to create a competitive
over the forecast period reaching a value of advantage over the market leaders
$6,126.7m in 2024(considering COVID impact)

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