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Brand Repositioning of Maggi
Brand Repositioning of Maggi
Submitted By:
Shubham Malviya
Tarun Kumar
S u ra j Kumar
Suntha
Customer Needs
Perception of millennials towards foods (% of consumers | n = Insights from Primary Market Research
64) Preferred mode of food In busy lifestyles of today's young working population/students,
Frequency of consumption
in busy lifestyle Few times in a month
Rarely or never most preferred mode of food remains light meals (58%)
4.3%
Beverages
4.8%
Snacks
4.3%
They consume these kind of meals multiple times a day (50%)
17.5%
50.7%
In the busy schedules, people generally prefer light meals as it
is convenient, wholesome and cost effective.
Few times in a
year 24.6%
Light Meals
58.7% Insights from Secondary Market Research
Factors considered while
Reasons for Consumption purchasing Almost two in five (38%) Indians have had instant noodles for breakfast in
Packaging size
6.9%
Price the past three months
Fulfilling
12.9% On the other hand, only one in five (20%) have had it as a snack between
28.6%
meals, while two-thirds (64%) of Indians have had instant noodles in
Convenience Flavor Options Brand
general
44.2% 29.3%
16.4% Given today’s busier consumer lifestyles, instant noodles are finding favour
among time-pressed Indians, especially the younger cohort.
Cost
10.4%
We prefer positioning Maggi not just as a snack, but as a
light, ready-to-eat instant meal
Taste
Nutritional Content
34.5%
Competition Pressures
Our In the "Instant ready to eat" segment, the leading players in this market are Haldiram (packaged Indian food),
Compet it or Kellogg's (cornflakes, Muesli), MTR (Poha, Upma).
s
Insights from Competitor Analysis Points of Parity Suggestions
Introduction of various Indian flavors
Convenienc Performing in all the other factors, Maggi has to reposition its Atta
e Taste noddle as a ready to eat instant meal which can offer all the qualities of
a meal under the best price value
Nutritional Checks
The customer base of atta noddle (7-9) will be expanded to include the
Trusted brand young students and young working professionals
Instant cooking time
Complete meal
Growing Ready to Eat Market
The ready to eat market among the
students/ working professionals is ready for
Points
expansion and current growth rate is 12.3%
of
Difference
Cheapest price in
In the ready to eat meal category, Maggie atta noodles gives a
the category
tough competition to the leading market players in offering Established Strong
all the factors important except Variety of flavors offered. brand equity
The competitors have introduced innovative flavors catering to Large established
the Indian taste of the consumers.
customer base
Communication Channels
Overall Communication Strategy We are changing the perception of the brand from a snack to a quick & healthy
meal
Phase 1 - The Phase 2 - Maggi Phase 3 - Maggi
Maggi Experience in everything I uniquely for you
do
Begin building the experience by Develop capabilities to customise the
promotional activities & immersive Launching the product across various age product according to customer's unique
advertisements segments and adding new flavors lifestyles and needs