MANAGEMENT- II GROUP ASSIGNMENT- 2 GROUP NO.- 1 SECTION- E SUBMITTED BY: - NAME ROLL NO.
ABHINAV PATHAK 221501
ADITYA SINGH 221505
ASTHA DROLIA 221510
NISARG THAKKAR 221529
ROSHIL KADAKIA 221539
SUBMITTED TO: - PROF. SAPNA PARASHAR
CONTENT
PROMOTION MIX DISTRIBUTION CHANNEL
RECOMMENDATION CONCLUSION AND REFERENCES
PROMOTION MIX STRATEGY BY “iD FRESH FOOD” WORD OF MOUTH The product team of iD came up with the idea to develop a batter for the south Indian dish “VADA” and to provide the feel of the same taste and shape of vada to the customer they came up with the idea of an innovative vada batter packing.
Each pack is designed with a spout mechanism at the
nozzle.
Batter’s ergonomic packing became the talk of the
country overnight.
The company had not spent a single penny on its
advertising or promotion.
The tagline- “EVERYBODY CAN VADA” turned
into a sensation overnight, forcing the company to advance the product launch and capitalise on market demand. EVENTS AND EXPERIENCES On the occasion of “World Idly Day”, 30th March, iD came up with a 5-day campaign named “TransparenSee”.
They provided a real-time look into its Bengaluru City
batter production unit.
The idea for the campaign came from iD’s conviction
that co-consumer loyalty and trust are built on the foundation of transparency.
Through this campaign they tried to provide assurance
to its client regarding 100% healthy, fresh and safe batter.
Also, they had live streaming of the event for those
who could not physically view the manufacturing process. ONLINE COMMUNICATION iD fresh food found that millennials spend the maximum amount of their time on online platforms or OTTs.
They collaborated with one of the top OTT platforms
Disney+Hotstar to stream their campaigns and advertisements on it to reach its target audience.
They chose Disney+Hotstar over other OTT platforms
due to features like uninterrupted advertisements and the choice to target a particular audience segment too.
This promotion tool came out to be a great success for
them.
Mr. Rahul Gandhi, CMO iD fresh food, believes that
marketing through video platforms is the best among numerous tactics on the digital market. PACKAGING iD has always focused on the packing of the product.
Using packing for dosa batter, which the food to be
served straight from the pouch.
In order to make their product more eco friendly and
rely less on plastic, iD innovatively launched it's tender coconut and grated coconut in the natural coconut shell.
It ensures that the product can remain good to use for
3-4 days while being completely eco friendly and natural.
The unique packing of vada has already been
discussed early. DISTRIBUTION CHANNEL OF ID FRESH FOOD CHANNEL STRATEGY iD had started with the mission to provide hygiene and properly packed batter.
They had single-level distribution channel which
targeted those retail store that had 24-hours refrigerator capacity.
The major driver for choosing this distribution
channel is time boundation.
The company has made technology as backbone of
their distribution, like SIP and ERP.
Geo- tagged their retail store so that the sales person
does not miss any store. CHANNEL STRATEGY Lately, they have entered in omni-channel distribution. For this they have selected the following channel. o Delivery Portals o Exports to Foreign countries o Vending machines
Because of its distribution channel, they have build a
strong, sustainable venture in the food industry.
Financially backed by Premji Invest and Helion
Venture Partners, the company is looking forward to expand its distribution channel. RECOMMENDATIONS REGARDING INNOVATIVE “PROMOTION MIX” AND “CHANNEL STRATEGIES” SUGGESTION
Collaboration with famous chef like, Sanjeev Kapoor,
Vikas Khanna.
To implement a market development strategy, they
can open restaurants in places where their product are not much familiar to the customer.
Regarding supply chain innovation, they can come up
with your own ordering site for both consumers and businesses. CONCLUSION CONCLUSION
It is always important to build your brand to build
your business and trust in the customers.
Master one product at a time.
Quality creates customer loyalty that increases sales.