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1 of 7
RIGHT BUT STILL LEFT
TEAM MEMBERS:
APARNA MOHAN +917387423018
aparna_mohan@scmhrd.edu
Market prioritization plan

Step1: Setting up the Objective

Marketing
objective

Grow market
share

Market Leader

Market
challenger

Defend
market share

Market Leader

Market
challenger

Step 2: Possible approach for market challenger + Grow market: (Segmentation)
TN, KR, AP (S)
UP, DEL,PUN (N)
GUJ, MAH (W)

Small
category
contribution
market +
High growth

Large
category
contribution
market +
High growth

3

1

Small 4
category
contribution
market + Low
growth

2

CHT, JHK,OR, BIHA
R

Large
category
contribution
market + Low
growth
ASSAM AND NE

Category contribution in terms of market share in states
Source: Category Sales (Given)
70% of average is considered a large category contributor
Prioritization order has been given (1,2,3,4)
 High growth areas are assumed to be South, North and west,
Whereas low growth area is East

UTTRANCHAL, MP,
HAR,BIHAR
CHT, JHK,OR

Approach1
Growth of the category in different states

Growth of the category in different states

KER, RAJ, UTTRA
NCHAL, MP, HAR

UP, DEL,PUN (N)
ASSAM AND NE

Small category
contribution
market + Low
competitor
mkt

2

4
Small category
contribution
market + High
competitor
mkt
KER, RAJ

Approach2

Large category
contribution
market + Low
competitor
mkt

1

3Large category
contribution
market + High
competitor
mkt
GUJ, MAH (W)
TN, KR, AP (S)

Relative competition level in different regions
Source: Category Sales (Given)
70% of average is considered a large category contributor
Prioritization order has been given (1,2,3,4)
 Competition level in different regions is calculated using Herfindahl index (S, W are high
competition areas)
Market prioritization plan
Step 3: Market prioritization Plan as per 2 previous strategies:
Taking common states from both rankings of prioritization, we have listed down the states as per order of priority.

PRIORITY 2
• TAMIL NADU
• KARNATAKA
• ANDHRA PRADESH
• GUJARAT
• MAHARASHTRA

• UTTAR PRADESH
• DELHI
• PUNJAB
• ASSAM AND NE

PRIORITY 4
• UTTRANCHAL
• MADHYA PRADESH
• HARYANA
• BIHAR
• CHATTISGARH
• ORISSA
• JHARKHAND

• KERALA
• RAJASTHAN

PRIORITY 3

PRIORITY 1

Note: From secondary Research (Source: India health stat 2010), Maximum diabetic cases are found in North (Delhi, Punjab) and
South(Chennai and Trivandrum), East (Assam) which have been put in our list 1 and 2

Step 4: The above clusters can be further broken down by weightage average method applied on
various key factors:
Key Factors
Market Attractiveness

Ability to address market

Intangible factors

Size (Target population)
Growth
Intensity of competition
Price sensitivity
Income
Expenditure per capita

Market share
Brand strength
Distribution channel

Exposure to Media
Consumerism
Education (health conscious)

> Weightage to each of these factors to be given.
Score across each factor for different cities will be
calculated which will add up to give final Priority Index
Score (PIS)
 Cities can be then ranked according to the descending
values of PIS.
360 Degree Marketing Strategy plan
LAUNCH STRATEGY

FACTOR ANALYSIS:
18 attributes are combined together to form 5
most important factors considered in
purchasing decisions of health biscuits.
FACTOR1: TASTE
FACTOR2: BENEFITS
FACTOR3: RECOMMENDATION FROM MEDICAL
EXPERTS
FACTOR4: WORD OF MOUTH FROM FRIENDS
AND FAMILY
FACTOR5: PROMOTIONS AND ADVERTISEMENT
All marketing strategies have been proposed
keeping the factors in mind.

IDENTIFYING TOUCH POINTS
360 Degree Marketing Strategy plan

1

Launch SMALLER TRIAL PACKS to
induce trials

2

INDUCING TRIALS AND ADOPTION

> CROSS SAMPLING AND CROSS
COUPONING with GSK health food
products related to the category.

4

“RANDOM ACT OF KINDNESS”
Promote gifting of diabetic 3
biscuits to the loved ones with
diabetes via social or print media.
 Referral marketing
SNACK PACK: Bundling balance+
with other health related
products of GSK
360 Degree Marketing Strategy plan
CAMPAIGN: “HEALTH METER
1
SCORE“
Packaging will have a health
score written.
Every time a pack is
bought, these scores are added
up till it reach 100 to redeem
attractive freebies from outlets

PROMOTING REPEAT PURCHASES AND
INCREASING FREQUENCY OF CONSUMPTION

MOBILE MARKETING (CAMPAIGN 1)
1
 Mobile race game where a
professional working in the office tires
out due to excessive work but has to
complete the task.
His energy meter can be refueled by
consuming balance+ biscuits.

BUILDING LOYALTY AND
ENGAGING CONSUMERS

On package contest: FREE
DIABETES- HOME – CHECK
KIT:
> Given to 5 lucky winners

2

CONSUMER PROMOTIONS:
1. Quantity promotions 2
2. Price offs
3. Coupons to be redeemed
on next purchase
4. Freebies (Air tight
container with biscuit
pack)

MOBILE MARKETING (CAMPAIGN2)
 A mobile number can be
provided to the
customers, subscription on
which, will send daily free hea lth
tips to people on their mobile
3
number.

Other Strategies:
1. Brand Ambassador: Shilpa Shetty (A perfect role model for health regime)
2. Tie ups with medical experts and institutions to promote both types of health biscuits especially Diabetic
Biscuits
3. Tie ups with big hospitals in the country and branding in their canteens.
4. Tie up with television channels as Food Food and in other rasoi shows promoting the brands.

Achieving approx 20% market share through the suggested 360 degree market plan.
Channel Mix
Calculating contribution of all channels in the category.
Effectiveness of a channel = Sales contribution in terms of sales (Cr.)
RU (Outlet coverage)
Format

Revenue

Effectiveness

Modern Trade

5

5

Food Stores

5

2

General Stores

4

2

Grocers

4

1

Pan Plus

2
1

0%

10%

1

2%

Nearby kirana store
Modern Trade

10%

1

Chemists

PRIMARY RESEARCH :
Preference of purchasing a health related grocery
item (50 respondents)

36%

Chemists
Pan shops

42%

General Stores

Others

Comparative rating has been given on a rate of 1-5 (1-very Poor, 5-Very Good

DERIVATIONS:
1. Modern stores are the most efficient in terms of revenue generation and effectiveness both. (FOCUS 1 AREA)
2. Food Stores, General Stores, Grocers are good revenue generators but with very low effectiveness. Focus should be made in
identifying stores in the right location. (Eg. Near residential areas, Health Clubs, Work places) (FOCUS 2 AREA)
3. Less focus to be made on Pan Plus.
4. Chemists cant be ignored due to the nature of category. Better visibility in this channel will lead to better results.
ALTERNATE CHANNELS:
1. Hospital canteens
2. Branded Juice outlets such as Bloom Juices, Juice Zones, Jus Boosters etc
3. Office / College canteens

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Project with GSK

  • 1. RIGHT BUT STILL LEFT TEAM MEMBERS: APARNA MOHAN +917387423018 aparna_mohan@scmhrd.edu
  • 2. Market prioritization plan Step1: Setting up the Objective Marketing objective Grow market share Market Leader Market challenger Defend market share Market Leader Market challenger Step 2: Possible approach for market challenger + Grow market: (Segmentation) TN, KR, AP (S) UP, DEL,PUN (N) GUJ, MAH (W) Small category contribution market + High growth Large category contribution market + High growth 3 1 Small 4 category contribution market + Low growth 2 CHT, JHK,OR, BIHA R Large category contribution market + Low growth ASSAM AND NE Category contribution in terms of market share in states Source: Category Sales (Given) 70% of average is considered a large category contributor Prioritization order has been given (1,2,3,4)  High growth areas are assumed to be South, North and west, Whereas low growth area is East UTTRANCHAL, MP, HAR,BIHAR CHT, JHK,OR Approach1 Growth of the category in different states Growth of the category in different states KER, RAJ, UTTRA NCHAL, MP, HAR UP, DEL,PUN (N) ASSAM AND NE Small category contribution market + Low competitor mkt 2 4 Small category contribution market + High competitor mkt KER, RAJ Approach2 Large category contribution market + Low competitor mkt 1 3Large category contribution market + High competitor mkt GUJ, MAH (W) TN, KR, AP (S) Relative competition level in different regions Source: Category Sales (Given) 70% of average is considered a large category contributor Prioritization order has been given (1,2,3,4)  Competition level in different regions is calculated using Herfindahl index (S, W are high competition areas)
  • 3. Market prioritization plan Step 3: Market prioritization Plan as per 2 previous strategies: Taking common states from both rankings of prioritization, we have listed down the states as per order of priority. PRIORITY 2 • TAMIL NADU • KARNATAKA • ANDHRA PRADESH • GUJARAT • MAHARASHTRA • UTTAR PRADESH • DELHI • PUNJAB • ASSAM AND NE PRIORITY 4 • UTTRANCHAL • MADHYA PRADESH • HARYANA • BIHAR • CHATTISGARH • ORISSA • JHARKHAND • KERALA • RAJASTHAN PRIORITY 3 PRIORITY 1 Note: From secondary Research (Source: India health stat 2010), Maximum diabetic cases are found in North (Delhi, Punjab) and South(Chennai and Trivandrum), East (Assam) which have been put in our list 1 and 2 Step 4: The above clusters can be further broken down by weightage average method applied on various key factors: Key Factors Market Attractiveness Ability to address market Intangible factors Size (Target population) Growth Intensity of competition Price sensitivity Income Expenditure per capita Market share Brand strength Distribution channel Exposure to Media Consumerism Education (health conscious) > Weightage to each of these factors to be given. Score across each factor for different cities will be calculated which will add up to give final Priority Index Score (PIS)  Cities can be then ranked according to the descending values of PIS.
  • 4. 360 Degree Marketing Strategy plan LAUNCH STRATEGY FACTOR ANALYSIS: 18 attributes are combined together to form 5 most important factors considered in purchasing decisions of health biscuits. FACTOR1: TASTE FACTOR2: BENEFITS FACTOR3: RECOMMENDATION FROM MEDICAL EXPERTS FACTOR4: WORD OF MOUTH FROM FRIENDS AND FAMILY FACTOR5: PROMOTIONS AND ADVERTISEMENT All marketing strategies have been proposed keeping the factors in mind. IDENTIFYING TOUCH POINTS
  • 5. 360 Degree Marketing Strategy plan 1 Launch SMALLER TRIAL PACKS to induce trials 2 INDUCING TRIALS AND ADOPTION > CROSS SAMPLING AND CROSS COUPONING with GSK health food products related to the category. 4 “RANDOM ACT OF KINDNESS” Promote gifting of diabetic 3 biscuits to the loved ones with diabetes via social or print media.  Referral marketing SNACK PACK: Bundling balance+ with other health related products of GSK
  • 6. 360 Degree Marketing Strategy plan CAMPAIGN: “HEALTH METER 1 SCORE“ Packaging will have a health score written. Every time a pack is bought, these scores are added up till it reach 100 to redeem attractive freebies from outlets PROMOTING REPEAT PURCHASES AND INCREASING FREQUENCY OF CONSUMPTION MOBILE MARKETING (CAMPAIGN 1) 1  Mobile race game where a professional working in the office tires out due to excessive work but has to complete the task. His energy meter can be refueled by consuming balance+ biscuits. BUILDING LOYALTY AND ENGAGING CONSUMERS On package contest: FREE DIABETES- HOME – CHECK KIT: > Given to 5 lucky winners 2 CONSUMER PROMOTIONS: 1. Quantity promotions 2 2. Price offs 3. Coupons to be redeemed on next purchase 4. Freebies (Air tight container with biscuit pack) MOBILE MARKETING (CAMPAIGN2)  A mobile number can be provided to the customers, subscription on which, will send daily free hea lth tips to people on their mobile 3 number. Other Strategies: 1. Brand Ambassador: Shilpa Shetty (A perfect role model for health regime) 2. Tie ups with medical experts and institutions to promote both types of health biscuits especially Diabetic Biscuits 3. Tie ups with big hospitals in the country and branding in their canteens. 4. Tie up with television channels as Food Food and in other rasoi shows promoting the brands. Achieving approx 20% market share through the suggested 360 degree market plan.
  • 7. Channel Mix Calculating contribution of all channels in the category. Effectiveness of a channel = Sales contribution in terms of sales (Cr.) RU (Outlet coverage) Format Revenue Effectiveness Modern Trade 5 5 Food Stores 5 2 General Stores 4 2 Grocers 4 1 Pan Plus 2 1 0% 10% 1 2% Nearby kirana store Modern Trade 10% 1 Chemists PRIMARY RESEARCH : Preference of purchasing a health related grocery item (50 respondents) 36% Chemists Pan shops 42% General Stores Others Comparative rating has been given on a rate of 1-5 (1-very Poor, 5-Very Good DERIVATIONS: 1. Modern stores are the most efficient in terms of revenue generation and effectiveness both. (FOCUS 1 AREA) 2. Food Stores, General Stores, Grocers are good revenue generators but with very low effectiveness. Focus should be made in identifying stores in the right location. (Eg. Near residential areas, Health Clubs, Work places) (FOCUS 2 AREA) 3. Less focus to be made on Pan Plus. 4. Chemists cant be ignored due to the nature of category. Better visibility in this channel will lead to better results. ALTERNATE CHANNELS: 1. Hospital canteens 2. Branded Juice outlets such as Bloom Juices, Juice Zones, Jus Boosters etc 3. Office / College canteens

Editor's Notes

  1. Step1: We identified the market objective of GSK Balance+ biscuits as being a market challenger (New in the market with market leader already existing) aiming to grow its market share. For a market challenger trying to increase a market share, there are two possible approaches of segmenting and targeting the market.Step2: Approach1: It divides all the regions on two axes (Sales contribution and growth rate of the category). Sales contribution is calculated using the market share data given to us. (Large contributing areas are >70% of average Market share)- Excel sheet attached. Growth rate: It is given that North, South and West are high growth rate regions.Accordingly, states have been classified into 4 and priority numbers have been given. Approach2: It divides all the regions on two axes (Sales contribution and Competition intensity in the category) Competition intensity is calculated using Herfindahl index (HHI= Summation of squares of market share of each player).More the HHI index, lesser the competition. Thus, North and east are low competition areas and on higher priority.Accordingly, states have been classified into 4 and priority numbers have been given.
  2. Due to non availability of data, only the approach for weightage average method has been explained and city and state wise further priority list has not been shown.
  3. 360 degree marketing objectives are identified and linking them to CBBE brand equity model, we have identified the implementation activities. The first 6 months of launch will cover all the activities through various marketing strategies proposed in next slide.Region wise(N,S,W,E) current situation of the already existing product balance+ oats and proposed marketing objectives defined.Factor analysis to determine important parameters considered during purchase of healthy biscuits, to link them with marketing strategies.Identifying touch points for communication media