2. Market Summary
Prince is one of the flagship brands of the French biscuit production company LU,
belonging to Mondelez International.
Brand number 1 in the French biscuit market
10% market share in the world of cereal biscuits
Penetration rate: 54% of households with
children
98% awareness rate among 7-14 year olds
125 million packages sold per year
60 biscuits are sold every second in France
3. Back To Childhood
Prince Is already well-known among children (new packaging and
marketing strategies helped the process).
Children of 3 decades ago are now Adults!
They still kept the memory of prince!
Why not fill the gap and change the focus of the brand by proposing a
new product, flavor, packaging, price, and marketing strategy and take
them to their childhood once again?
5. Step of creation of the biscuits
Delivery of the ingredients
average 65% of
biscuits and
35% of filling
Preparation
during 4 min
30 at 230°C Creation of the
filling and
assembly
Molding
Baking
Creation
7. PACKAGING
To fulfill the purpose we designed two type of packaging with the same
prince pictures of 3 decades ago:
1- a box of 5 packages of 2 Biscuits (for home use)
2- pocket packages of 2 Biscuits
8. PRICE
Compared to other brands Prince is believed to be expensive,
By this strategy we are able to make it more affordable to everyone.
10 Biscuit packs: 1.89 Euro
2 Biscuit Packs: 0.5 Euro
9. PLACE
Our Distribution Channels Would be:
• Wholesalers
• Supermarkets and neighbor Shops
• service stations
• automatic distributors
• cafes
• cafeterias
• Hypermarkets: carrefour, auchan, G20 , U stores, Monoprix, Casino, Leclerc
11. PROMOTION
Advertising:
- TV Commercials related to nostalgia and old memory of prince shown only in
the times which our targets usually watch TV during most popular TV series
Direct Marketing:
- In distributors catalogs (1st page on the right side)
- SMS to subscribers of Carrefour 1 package with 50% discount
- have a special section in Carrefour dedicated to our new prince biscuit during
one week.
12. PROMOTION
Celebrity Marketing
- big event to start the launch of the product : « Prince back to childhood
premiere » in LE CHATEAU DE BONAGUIL in the region of Lot et Garonne with
special famous stars aged between 18-35 years old
social networks
- Advertisement and campaigns through all Channels (Facebook, Instagram
#PrinceBackToChildhood, YouTube,…)
- A photography contest with the theme of the nostalgia and the new product in
order to win a weekend in a castle in France (tombola)
13. PROMOTION
Street Marketing and Gamification
- give us their oldest memory of an ad of Prince
- repeat the slogan « back to childhood « as faster as they can during
20seconds
- hide the eyes of people on the street and make them guess the taste of
the product
Sponsorship:
- Being present in scholar events and conferences
14. RETROPLANNING
August – December 2017:
Creation of the conception of the product and its trade marketing strategy
Do some business plan and simulations
December - February 2018 :
- Internal communication (all departments) of the project to create a new product
March- May 2018 :
- Test phases of the biscuit (feedbacks)
- Do we keep going or stop
15. RETROPLANNING
June – November 2018
- Start the marketing campaign: creation of the packaging, logo, advertisement,
partnerships -> prepare the launch
- Negotiating with the channels of distribution especially Carrefour
December 2018 :
- Events for the pre launch of the product
- Distribution of the products
- Launch of the product : shows , gammification , advertisement