4. STP Analysis
Segmentation
Age
Life style
Eating habits of urban families
Positioning
Easy to cook
Good to Eat 2-minute Noodles
Targeting
Kids
Youth
Office goers
Working women
6. SWOT Analysis
Market leader
Strong brand loyalty
Wide range of distribution
channels
Satisfying needs of customer
Innovative product
Working Youth
Acceptable in youth category
Shift to rural markets
Changing preference of
consumer towards chinese and
fast food
Product are dependent on
each other.
Low rural market presence
Price war with
competitors
Strong presence of
regional competitors
7. Recommendations
New products but sticking to the original TASTEMAKER
Pricing Strategy
Most of the medical practioners advice especially old people and
small children not to eat maggi everyday because of it contains high
quotient of Maida Flour and Salt so we recommend maggi to reduce
these contents which makes it more healthy.
Conduct Market Research to find out the market penetration of
the product in the rural areas covered.
They should conduct test marketing before launching new
product. Focus on creating distinctive image, based on twin
benefits of INSTANT and HEALTHY.