Location: Los Angeles, California, USA Industry: Food Products: Confectionary, Biscuits, Snacks, Cheese, Beverages, Convenient meats Division: 4 divisions, 1 of it is Consumer Foods Group (CFG) Distributor: 170 countries world wide Market share: Second place in US chocolate market Year 2011: Revenue- $54.4 Billion Net Income- $3.5 Billion CHALLENGES GOALS: National Distribution Product Name- Apollo or Montreaux $115 million annual sales To Introduce a new Product Be in top 25 in revenue (0.60% Market Share) Positioning Channels of Distribution Packaging 1. Women ate chocolate to enhance their moods and give them some enjoyment, and also due to its benefits of improved cardiovascular fitness and blood pressure, they also reacted positively to new flavours. Men on the other hand ate chocolate because of its affordability and convenience. Men were price conscious while buying chocolates, but women considered premium chocolates as a personal luxury, more the price better the taste and had more health benefits. 2. Incorporating new product development: Idea generation: introducing dark chocolates in U.S – 45 ideas that all parties agreed for further testing. Idea screening: narrowed down initial 45 ideas to 12, many of which incorporated dark chocolate with fruit. Concept development and testing: – each idea was developed into a full concept via the addition of concept images, messaging, and prices. – 200 consumers per concept were asked to evaluate and to provide feedback. – 5 concepts were finalized and further developed and the team confirmed that blueberry, pomegranate and cranberry should be among the top flavors. 4. Hot chocolate is rich in flavonoids, which improve blood flow. Improved blood flow reduces the chance of blood clots, lowers blood pressure, improves heart health and helps you think better thanks to better blood flow to the brain. 4. Target Audience Female-male (94% -90%) Aged 45-64 years Concerned about health & weight Married with children Educated Household income $50,000+ 5. Distribution channels: Super centres Supermarkets/Grocery Drug stores Convenience stores Walmart