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Chocoh
olics
-Nikita
bhinde
Chocolate market in India
Chocolate market is estimated to be around 1500
crores growing at 18-20% per annum
The per capita consumption of chocolate in India
is 300 gram compared with 1.9 kilograms in
developed markets
Over 70 per cent of the consumption takes place in
the urban markets
Chocolate sales have risen by 15% in 2007 to
reach 36000 tonnes according to one estimate.
Market
research
Competitors
Survey
Primary Research
- Questionnaire
Secondary Research
- Internet
- E-journals
- Newspaper Articles
- Research Articles
SAMPLING
• Sampling Unit : People who buy chocolates
from retail outlets
• Sample
Size
• Method
Data analysis
• method
:30 Respondents (Age from 8 to 60 yrs)
: Questionnaire
: graphical method
: western Mumbai
Survey analysis
• 1. Do you gift MITHAI to your Friends & Relatives during
festivals..?
• YES – 89%
• NO – 11%
2. Are you aware of the recent “MAWA ADULTERATION SCAM”
in your Mithai..?
YES – 96%
NO – 4%
• 3. Do you Still Consider it SAFE to gift MITHAI to your near
& dear ones..?
• YES – 12%
• NO – 88%
4. Would you prefer to gift them chocolates otherwise..?
YES – 94%
NO – 6%
5. What Kind of chocolates would you like to gift..?
• Celebrations – 23% Designer
Chocolates – 77%
6. Do you know any Specialized Designer Chocolate Shop..?
YES – 36% (Fantasie, Choco-House, Chocolatiers)
NO – 64%
7. If Yes, Is it easily accessible from your place..?
• YES – 63%
• NO – 27%
8. Is it cheap enough to gift those Designer Chocolates to all
your relatives and Friends..?
YES – 13%
NO – 87%
I being the marketing
manager my aim is to :
Capture the marketof
designer chocolates in
India and expand
worldwide by 2020
Target consumers
Everyone
Kids
Teenagers
Youth
Old
Marketing mix
Product
Introduction of New Range of Designer
Chocolates to suit different target segments
U.S.P.
Customized Designs & Tastes
Product offerings
• Design:
......& many
more!!!
• Ingredients :
Natural flavours
Dry fruits
Price
Sugared (50/-) Sugar free (75/-)
Flavoured dry fruit flavoured dry fruit
(60/-) (75/-) (90/-) (100/-)
KINDLY ADD Rs. 5 per 100gm for Dark
Chocolate
* Prices are per 100 gm each
** Conditions
Apply
Price quality
strategies
high medium low
high premium High value Super value
medium overcharging Medium
value
Good value
low Rip off False
economy
economy
PRICE
Q
U
A
L
I
T
Y
Place
Inorbit Mall - Malad
Mumbai Airports
Andheri Lokhandwala Market
Prabhadevi
Nr. Siddhivinayak Temple
Near Metro Cinema
Marine Lines
Promotion Pamphlets in Newspapers
 Outdoor Media (Billboards, VM, Neon Signboards)
 Local Cable TV Advertisement, TATA SKY, Dish TV, Airtel TV, Sun Direct TV
 Direct School Programs
 Support College Festivals ( MET utsav ,Rhythm, Techithon, Umang, Malhar,
etc…)
 Sponsoring Advertising Boards during Navratri Festival & Ganesh Pandals
 BEST Bus Advertising and advertising on BEST TV
 Railway Stations & Interiors of Rail Coaches
 Freebies on various websites
Chocoholics
The Healthy Addiction
Chocoholics
The Healthy
Addiction
Malad
Lokhandwala
Airport
Prabhadevi
Marine Lines
Do you need more reasons to eat chocolates..??
Chocoholi
Chocohol
ics
The Healthy Addiction…
Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
Chocohol
ics
The Healthy
Addiction…
Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
Chocohol
ics
The Healthy
Addiction…
P R E S E N T S
CHOCOHOLICS
The Healthy Addiction
CHOCOHO
The Hea
CHOCOHOLICS
Choco
holics
The Healthy
Addiction…
Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
Choco
holics
The Healthy
Addiction…
2013
SWOT analysis
Strengths:
• Designer Chocolates
• Variety in Packaging
• Longer Shelf Life
• Easy Access to
Local Masses
• Affordability
Weakness:
• Raw Material Supply
– Volatile Prices
• Small Business Unit
Opportunities:
• Low Penetration
Consumption
• Scope of Launching
New Variants
• Scope of Successful
Launch in other
cities in India as well
Threats:
• Foreign
Multinationals
• Competitors
Consumer behaviour
• Object of purchase: (what)
Chocolate craving
Dessert
Tickle the taste buds
• Objective of purchase: (why)
MITHAI getting substituted by chocolates
Designer Chocolates have become a STATUS SYMBOL
Choice from a wide range of Chocolates
Change in Indian Palate – Inclination for Dark Chocolates
• Organization of purchase : (who)
Any individual wanting to have chocolate or for
the purpose of gifting
• Operation of purchase : (how)
Different packages of different quantities from
the parlour or can get it personalised
• Occasion of purchase : (when )
For gifting on different occasions and for
pampering yourself
• Outlet of purchase: (where)
Chocoholics outlets at malls and airports
GE model
Ansoffs matrix
Product life cycle
chocoholi
cs
OPEN

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Chcoholics

  • 2. Chocolate market in India Chocolate market is estimated to be around 1500 crores growing at 18-20% per annum The per capita consumption of chocolate in India is 300 gram compared with 1.9 kilograms in developed markets Over 70 per cent of the consumption takes place in the urban markets Chocolate sales have risen by 15% in 2007 to reach 36000 tonnes according to one estimate.
  • 5. Survey Primary Research - Questionnaire Secondary Research - Internet - E-journals - Newspaper Articles - Research Articles SAMPLING • Sampling Unit : People who buy chocolates from retail outlets • Sample Size • Method Data analysis • method :30 Respondents (Age from 8 to 60 yrs) : Questionnaire : graphical method : western Mumbai
  • 6. Survey analysis • 1. Do you gift MITHAI to your Friends & Relatives during festivals..? • YES – 89% • NO – 11% 2. Are you aware of the recent “MAWA ADULTERATION SCAM” in your Mithai..? YES – 96% NO – 4%
  • 7. • 3. Do you Still Consider it SAFE to gift MITHAI to your near & dear ones..? • YES – 12% • NO – 88% 4. Would you prefer to gift them chocolates otherwise..? YES – 94% NO – 6%
  • 8. 5. What Kind of chocolates would you like to gift..? • Celebrations – 23% Designer Chocolates – 77% 6. Do you know any Specialized Designer Chocolate Shop..? YES – 36% (Fantasie, Choco-House, Chocolatiers) NO – 64%
  • 9. 7. If Yes, Is it easily accessible from your place..? • YES – 63% • NO – 27% 8. Is it cheap enough to gift those Designer Chocolates to all your relatives and Friends..? YES – 13% NO – 87%
  • 10. I being the marketing manager my aim is to : Capture the marketof designer chocolates in India and expand worldwide by 2020
  • 12. Marketing mix Product Introduction of New Range of Designer Chocolates to suit different target segments U.S.P. Customized Designs & Tastes
  • 14. • Ingredients : Natural flavours Dry fruits
  • 15. Price Sugared (50/-) Sugar free (75/-) Flavoured dry fruit flavoured dry fruit (60/-) (75/-) (90/-) (100/-) KINDLY ADD Rs. 5 per 100gm for Dark Chocolate * Prices are per 100 gm each ** Conditions Apply
  • 16. Price quality strategies high medium low high premium High value Super value medium overcharging Medium value Good value low Rip off False economy economy PRICE Q U A L I T Y
  • 17. Place Inorbit Mall - Malad Mumbai Airports Andheri Lokhandwala Market Prabhadevi Nr. Siddhivinayak Temple Near Metro Cinema Marine Lines
  • 18. Promotion Pamphlets in Newspapers  Outdoor Media (Billboards, VM, Neon Signboards)  Local Cable TV Advertisement, TATA SKY, Dish TV, Airtel TV, Sun Direct TV  Direct School Programs  Support College Festivals ( MET utsav ,Rhythm, Techithon, Umang, Malhar, etc…)  Sponsoring Advertising Boards during Navratri Festival & Ganesh Pandals  BEST Bus Advertising and advertising on BEST TV  Railway Stations & Interiors of Rail Coaches  Freebies on various websites
  • 19. Chocoholics The Healthy Addiction Chocoholics The Healthy Addiction Malad Lokhandwala Airport Prabhadevi Marine Lines
  • 20. Do you need more reasons to eat chocolates..?? Chocoholi
  • 21. Chocohol ics The Healthy Addiction… Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
  • 22.
  • 23. Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
  • 24. Chocohol ics The Healthy Addiction… Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
  • 28. Choco holics The Healthy Addiction… Malad – Lokhandwala – Airport - Prabhadevi – Marine Lines
  • 30. SWOT analysis Strengths: • Designer Chocolates • Variety in Packaging • Longer Shelf Life • Easy Access to Local Masses • Affordability Weakness: • Raw Material Supply – Volatile Prices • Small Business Unit Opportunities: • Low Penetration Consumption • Scope of Launching New Variants • Scope of Successful Launch in other cities in India as well Threats: • Foreign Multinationals • Competitors
  • 31. Consumer behaviour • Object of purchase: (what) Chocolate craving Dessert Tickle the taste buds • Objective of purchase: (why) MITHAI getting substituted by chocolates Designer Chocolates have become a STATUS SYMBOL Choice from a wide range of Chocolates Change in Indian Palate – Inclination for Dark Chocolates
  • 32. • Organization of purchase : (who) Any individual wanting to have chocolate or for the purpose of gifting • Operation of purchase : (how) Different packages of different quantities from the parlour or can get it personalised • Occasion of purchase : (when ) For gifting on different occasions and for pampering yourself • Outlet of purchase: (where) Chocoholics outlets at malls and airports
  • 36.
  • 37.
  • 38. OPEN