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Group J April 19, 2015
Group J- Product Development
Progress Report- 03
Compiled by- Nancy Bathh (100574638)
Team members- Ogunwale Oluwole(100570578), Kamalpreet
Kaur(100573890), Neenu Varghese(100574421) and Darshan
Sharma(100571331)
Date of submission- April 19, 2015
Group J April 19, 2015
SCORE CARD
Compiled by Nancy Bathh
Ideas for scoring:
i) Spicy sauce that does not causeulcers
ii) Soup that can be used in sorethroat
iii) Low calorie drink that can suppress appetite
iv) Ice-creamwith health benefits.
v) Pre-formed dough.
vi) Ketchup with cholesterol lowering properties.
vii) Incorporating walnutfor its neuroprotective properties.
viii) Vitamin supplements for kids.
ix) Mineral supplements in food.
x) Frozen desertwith brown sugar.
REWARD:
Score
Points 1 3 5
How Much? Minor
contribution
v, vii, viii, ix
Moderate
i), ii, iii), iv, vi , x
Very large for us
How Soon? Five years Three years
v, vi, vii, viii, ix
This year
i) , ii),iii), iv and x
How Long? One year
v)
Several years
i), ii), iii), iv, vi,
Many years
Group J April 19, 2015
vii, viii, ix and x
Company Image Could hurt us
viii, ix
Supportive
ii), iv, v, vi, vii
Make us look
great
i), iii) and x
Total = 20 points
i) = 16
ii) = 14
iii) = 16
iv) = 14
v) = 08
vi) = 12
vii) = 10
viii) = 08
ix) = 08
x) =16
TECHNICAL RISK:
Score
Points 1 4 7 10
Complexity Major
invention
required
Innovation
intensive
i), vi and x
Incremental
improvements
ii, iii, iv, v, vii,
viii and ix
Off the shelf
technology
Capability Not sure
that anyone
can do it
Must find or
buy some
skillsx
Skills can be
developed by
our staff
i, ii), vi, vii,viii,
All skills in
house
iii), v
Group J April 19, 2015
ix ,iv
Ownership Excluded by
competitor’s
patents
Wide open
or public
domain
i),ii, iv, vii,
viii and ix
We can get a
license
iii)
We have the
patent
v, vi and x
Total = 30 points
i) = 15
ii) = 18
iii) = 24
iv) = 18
v) = 27
vi) = 21
vii) = 18
viii) = 18
ix) = 18
x) = 18
COMMERCIAL RISK
Score
Points 1 2 3 4
Customer
Need
No one wants
it
Me too.
Needs
already
satisfied
iv, vii, viii and
ix
Need
unmet, but
not well
recognized
i) , ii), iii),v,
vi, x
Customers
need it and
know they
need it
Group J April 19, 2015
Marketing
to current
customers
All new
customer base
Same market,
but different
customers
Mix of
currentand
new
customers
v, vi, x
All present
customers
are
potential
buyers
i), ii), iii), iv,
vii, viii and
ix
Market
trend
Declining Unpredictable
v, vi and x
Static,
stable,
predictable
ii), iv, vii, viii
and ix
Growing
and
expanding
i), iii)
Regulatory
Issues
Unpredictable,
large possible
negative
impact
vi
Predictable,
minor
negative
impact
No
potential
impact
i), ii), iv, v,
vii, viii, ix
and x
Well
defined,
could
improveour
position
iii)
Competitors One or two
dominant
players
ii), iv, vi, viii
and ix
Many
aggressive
players, none
dominant
i) and vii
A few
established,
but passive
players
iii) and x
Weakly
contested
market
v)
Total = 20 points
i) = 16
ii) = 14
iii) = 19
iv) = 13
Group J April 19, 2015
v) = 15
vi) =10
vii) = 14
viii) = 13
ix) =13
x) =14
STRATEGIC FIT:
Points
1 3 5
Importanceto
local strategy
Counter to
strategy
Neutral or minor
v, vi, vii, viii, ix, x
Essential
i), ii) , iii), iv
Importanceto
global strategy
Counter to
strategy
Neutral or minor
v, vi, vii, viii, ix
and x
Essential
i) ii), iii), iv
Platformfor
strategy
Stand alone
product
v, vi and x
Family of
products
i), ii), iii), iv,
vii,viiiandix
Whole new
business
Cross business
capability
Local business
only
Several business
areas
i),ii), iii), iv, v, vi,
vii, viii, ix and x
Useful to the
entire
organization
Customer/Partner
relationships
May damage
relationships
No impact
iv, v, vii, viii, ix
and x
Will strengthen
relationships
i) , ii), iii), and vi
Impartof industry Increases None Shifts balance in
Group J April 19, 2015
structure competition
i), ii), iii), iv, vi,
vii, viii and ix
v and x our favor
Total = 30 points
i) = 22
ii) = 22
iii) = 22
iv) = 20
v) = 16
vi) = 16
vii) = 16
viii) = 16
ix) =16
x) =16
Total Scorepossible= 100 points
i) Spicy sauce that does not causeulcers = 69
ii) Soup that can be used in sorethroat = 68
iii) Low calorie drink that can suppress appetite= 81
iv) Ice-creamwith health benefits = 65
v) Pre-formed dough = 66
vi) Ketchup with cholesterol lowering properties = 59
vii) Incorporating walnutfor its neuroprotective properties = 58
viii) Vitamin supplements for kids = 55
ix) Mineral supplements in food = 55
x) Frozen desertwith brown sugar = 64
Top idea=Low calorie drink that contains highfibre
Group J April 19, 2015
Concept Development
Developed by: Nancy Bathh and Ogunwale
Product Name: CaptainMaono
CONCEPT1: To develop a dairy drink which contains high fibre (upto 30%) and is
fortified with Vitamin D. Itwill be available in chocolate flavor.
AIM:The purposeis to sell it as a healthier alternative to the commonly sold
beverages like tea, coffee and softdrinks.
OTHER HIGHLIGHTS: Itwill also contain green tea extracts and turmeric. These
will add value to the productby boosting the overallhealth, increasing alertness,
providing anti-oxidant and anti-cancer properties to the product.
In order to enhance texture and flavor we will add almonds and pistachios. The
former will also help in providing fibre.
Group J April 19, 2015
ConceptSheetprepared by: Ogunwale
Concept 2
All the highlights remain the same but it will be available in strawberry flavor.
Group J April 19, 2015
ConceptSheetprepared by: Ogunwale
Concept 3
The third flavor is vanilla. All the other highlights remain the same.
Group J April 19, 2015
ConceptSheetsprepared by: Ogunwale
Summary of the Survey
Are you-
Category
No. of
responses
Percentage
Male 20 47%
Female 22 51%
Group J April 19, 2015
Which age group do you belong to?
Category # of responses Percentage
Under 12years 0 0%
12-17 1 2%
18-24 26 60%
25-34 14 33%
35- 44 0 0%
45+ 2 5%
Who usually buys grocery inyour family?
Responses
# of
responses
Percentage
I buy it all the time 15 35%
I sometimes accompany the
personwho buys grocery
17 40%
I rarely go for buying grocery 5 12%
Group J April 19, 2015
I have never gone for buying
grocery
3 7%
How important is it for you to eat healthy food?
Responses
# of
responses
Percentage
I like to eat healthy all the time 21 49%
I prefer eating healthy food sometimes depending
on my mood
19 44%
I rarely eat healthy food 2 5%
I don't feel the need to eat healthy 1 2%
What type of beverages doyou prefer todrink?
Category # of responses Percentage
Tea 14 33%
Coffee 16 37%
Soft drink 9 21%
Juice 23 53%
Other 4 9%
Group J April 19, 2015
How oftendo you consume them?
Responses
# of
responses
Percentage
Occasionally 8 19%
Once a day 16 37%
Twice a day 15 35%
More than
twice a day
4 9%
Other 0 0%
How concernedare you about buying a healthier alternative tothe commonly
soldbeverages?
Responses
# of
responses
Percentage
I always look for a healthier alternative 22 51%
I sometimes wantto drink something healthy 19 44%
I am not concerned abouta healthier
alternative, I enjoy my regular beverage
4 9%
Group J April 19, 2015
How oftenhave you lookedfor a drink withhigh fibre?
Responses
# of
responses
Percentage
I have always wanted tobuy one 18 42%
I may have thought of buying it for a change 13 30%
I am not strictly concerned with buying a drink
rich in high fibre
12 28%
Will you prefer buying a drink highin fibre?
Responses # of responses Percentage
Yes, certainly 21 49%
May be 17 40%
I don't know 4 9%
No 2 5%
Group J April 19, 2015
How concernedare you withhaving stronger bones?
Responses
# of
responses
Percentage
I consider my bones as strong 22 51%
I take supplements to makemy bones strong 7 16%
I am concerned about my bone strength but don't know
what to take for it
15 35%
Other 2 5%
Will you prefer tobuy a drink fortifiedwithVitaminD?
Responses
# of
responses
Percentage
Yes,
certainly
25 58%
May be 16 37%
I don't
know
2 5%
No 0 0%
Group J April 19, 2015
How do you like the idea of a dairy baseddrink containing highfibre and
fortifiedwithVitaminD?
Responses # of responses Percentage
I would definitely buy it 29 67%
I am not sureif I would wantto drink it 10 23%
I don't know 4 9%
Other 0 0%
According toyou are the claims on the label believable?
Responses # of responses Percentage
Yes they are believable 18 42%
They are somewhat believable 18 42%
They are not believable 7 16%
Other 1 2%
What is your ideaof buying a drink withgreenteaextract?
Responses
# of
responses
Percentage
Group J April 19, 2015
Yes, I will definitely buy it 23 53%
I would not want green tea in a dairy
drink
9 21%
I don't mind having green tea in the drink 11 26%
Other 1 2%
Are you familiar withthe benefits of turmeric?
Responses
# of
responses
Percentage
Yes, it has antiseptic, anti-inflammatory and
anti-cancer properties
33 77%
I have heard about it but I am not awareof
its benefits
8 19%
I haven't heard of it 2 5%
Would you prefer toconsume a drink withturmeric init?
Responses # of responses Percentage
Yes 27 63%
No 8 19%
May be 6 14%
Group J April 19, 2015
I don't know 2 5%
Would you like a drink withnatural ingredients like almonds andpistachios?
Responses
# of
responses
Percentage
Yes, I like the ideafor having them
in the drink
36 84%
I don't mind having them in the
drink
7 16%
I will not like them in the drink 1 2%
Other 1 2%
How important is it for you to buy a sugar free drink?
Responses
# of
responses
Percentage
I always look for a sugar free option 18 42%
I don't have any preferences for a sugar
free drink
17 40%
I may prefer to buy a sugar freedrink 9 21%
What flavour would you prefer for the drink?
Group J April 19, 2015
Responses # of responses Percentage
Chocolate 19 44%
Strawberry 17 40%
Vanilla 18 42%
Other 1 2%
How will you prefer it tobe packaged?
Responses
# of
responses
Percentage
It shouldbe ready
to drink
39 91%
Itshould be
reconstituted
5 12%
Other 0 0%
What volume would you prefer for the package?
Responses # of responses Percentage
below 300mL 20 47%
301-500mL 24 56%
501-800mL 0 0%
Group J April 19, 2015
How much would you want to spendfor the drink?
Responses # of responses Percentage
$1 - $3 26 60%
$4 - $6 14 33%
$7 - $9 5 12%
Note:Suggestions by the potential consumers:
Will need to work more on the label and make it more appealing.
Group J April 19, 2015
CONCEPTTESTING (Conjoint Analysis)
Performed by : Darshan Sharma
Captain Maono, a high fibredairy producthas been conceptualized into a product
that comes in three flavours namely; Chocolate, Vanilla and Strawberry.
This conjointanalysis has been done based on the productsurvey posted via
Google Docs.
The three main parameters considered for concept testing are stated below:
1. Highfibre: Fromthe survey 42% peoplehave shown preferencetowards
having high fibre in the productand 49% haveopted for buying a product
containing high fibre. So we gave 500 points from1000 points to have high
fibre in the product.
2. Flavour: We offered three flavours to the customers to choosefromwhich
they would prefer to have in the drink. We gave350 points for flavour out
of 1000. Theresults for flavour preference are as follows:
 Chocolate: 44% people want this flavour
 Vanilla: 42% people want vanilla
 Strawberry: 40% peoplewantstrawberry
So fromthe survey wegave some individual points to these flavours, in
which chocolate has 154 points, Vanilla 147 points and Strawberry has 140
points
3. VitaminD: Because the main highlight of the productwas high fibre, we
gave 100 points for having high Vit. D and 50 points for low Vit D.
CHOICES FROM THE CONCEPTS
We have total 9 choices for products:
1. High Fibre: High Vit D
 Chocolate flavour- 500+100+154=754 points
 Vanilla flavour- 500+100+147=747 points
 Strawberry- 500+100+140=740 points
Group J April 19, 2015
2. High Fibre: Low Vit D
 Chocolate flavour- 500+50+154=704 points
 Vanilla flavour- 500+50+147=697 points
 Strawberry flavour- 500+50+140=690 points
3. High Fibre: No Vit D
 Chocolate flavour- 500+154=654 points
 Vanilla flavour- 500+147=647 points
 Strawberry flavour- 500+140=640 points
So from the above analysis Highfibre:HighVit D withchocolate flavour has the
highest points whichare 754 points.
Gap in the market space:
Done by: KamalpreetKaur and Neenu Varghese
Currently the marketis seen flooded with varieties of aerated drinks, coffeeand
tea. People prefer buying these than the healthier dairy drinks. Aerated drinks do
not offer any health benefits; coffee and tea contain caffeine which increases
alertness. One major drawback of caffeineis that it causes ulcers.
We want to come up with a dairy drink which is accepted by all and can be used
to substitute its widely sold counterparts. This drink would contain high fiber
(about 30%) and vitamin D. Apart fromthis, it would also contain green tea
extract which would act as a sourceof antioxidant. Ingredients like turmeric
would be incorporated to impart anti-cancer properties and immunoprotective
properties. Almonds and pistachios would enhance flavor, providefibre, texture
and help in rejuvenating the skin. In a nutshell, the dairy drink would be a
healthier alternative to the traditionally sold beverages.
There are various milk products such as protein shakes and nutritional drinks
which contain vitamins, proteins and minerals but the drawback is that their %
daily value of fiber is comparatively less, sincetheir major area of concern are
Group J April 19, 2015
vitamins and minerals. On the other hand almost all of these products arehigh in
calorie or sugar content. Considering all these limitations, our target is to develop
a dairy drink which is high in fibre, vitamin D and low in calories. Apart fromthis,
by using ingredients like green tea and turmeric we want the productto provide
additional health benefits.
Main competitors as per the current market include Boost, Muscle milk, Ensure
original, All in one meal,etc.
Group J April 19, 2015
MARKET POSITIONING
Performed by: Neenu Varghese
Dairy drink containing Vitamin D and Fiber
>Bodykey by Nutrilite >Boost plus
> carnation breakfastessentials
>Nesquick
chocolate milk
> Ensureplus nutrition shake
>Coffee crisp chocolate milk
> Fitness Delight >Monster milk
> Gatoradeprotein shake > Musclemilk
>Caramilk
Highdietaryfiber
Low dietaryfibre
HighVitaminD
Low VitaminD
CAPTAIN MAONO
Group J April 19, 2015
Interpretationof Final Concept testing
Done by Nancy Bathh
Based on the findings of the survey, following parameters werehighlighted-
1) Almost half of the consumers (49%) prefer eating healthy all the time and that
can be ascertained fromthe fact that the usually prefer drinking juice than coffee
and tea. Nevertheless, nearly 51% of the respondents areconstantly looking for a
healthier alternative to the commonly sold beverages- coffee, tea and softdrinks.
So, launching a drink as an alternative to the other beverages will definitely be a
good idea.
2) On being asked about the fiber and vitamin D content, 42% wanta drink high in
fiber and 49% will definitely prefer buying it. Even though 58% of respondents
considered that their bones were strong, yet 58% would prefer buying a drink
fortified with Vitamin D.
3) 67% of the consumers showed interestin buying a drink with both fiber and
vitamin D.
4) On going through the concept sheets and the claims, 84% people believed that
the claims were either believable or somewhatbelievable and out of the three
concepts, majority was with chocolate flavor.
5) On asking further about the other attributes like green tea extract and
turmeric, majority of the people liked the idea of incorporating both these
ingredients into the drink.
6) 84% of the respondents wereinterested in buying a drink with almonds and
pistachios in it.
7) On being asked about the packaging, 91% wanted a ready to drink package for
the productin quantities between 301-500mL.
8) The preferred price was $1-$3, as anticipated.
Group J April 19, 2015
Results of the conjoint analysis depict that the drink with high fiber, high vitamin
D and chocolate flavor would be favored.
Thus, in a nutshell, people would prefer buying our product in chocolate flavor,
which is rich in fiber and is fortified with Vitamin D.
Consumers would like incorporation of Green Tea extract, turmeric for adding
value to the product. Almonds and pistachios would also be accepted. Another
focus would be to keep it low in sugar content.
The drink should be made in a ready to drink form to provide convenience to the
consumers. The quantity would be somewhere around 325mL.
Market Gap and product mapping show that the maximum fibre content that is
incorporated in drinks is 20%. Setting up the target as 30% for our drink would
prove beneficial.
Product Attributes
Compiled by Ogunwale
The target product that we aim to produce is to contain 30% Dietary Fibre, 50%
Vitamin D, with green tea extracts incorporated together with turmeric and a
blend of almonds and pistachios in a richly flavored dairy drink, which favorably
would come in chocolate flavor. Although vanilla and Strawberry flavors would
also be produced, however, emphasis would be made on the Chocolate flavor due
to high customer priority.
Shelf Life studies:
Compiled by: Ogunwale
Usually, this process involves a time-long process of studying the productfor its
microbial and chemical properties and activities, as influenced by factors such as
Temperature, water activity, process conditions and packaging. Signs of
deterioration- microbial, physicaland chemical are carefully observed and these
give us proper idea of whatthe shelf life of a productwill be.
Group J April 19, 2015
Captain Maono is an entirely milk-based (dairy) product, however due to
constraints with time during its development, a proper shelf life study could not
be conducted. However, onemajor thing that never changes is the fact that this
productis entirely dairy based and hence, its shelf life is majorly influenced by
Milk and milk properties.
Research shows that the average shelf life of milk is between 10-14days,
refrigerated or not, however, freezing milk helps to prolong that by many months
(Duyvesteyn et. al., 2001).
Itwas also stated in the work of Sampedro et. al., the shelf life a milk-based
beverages was said to be between 2-3 weeks.
Therefore, for the above reasons, theshelf life of Captain maono is 2weeks
refrigerated or not.
Regulations compliance
Compiled by: Ogunwale
Required regulations to be followed were referred to as stated in the Food and
Drugs Regulations.
1. The required regulation as regards thelabelling and packaging of the
products werefollowed as stated in B.01.002A –B.01.600
2. Regulations regarding Dairy products werechecked for both the ingredient
(Skimmilk and the Productitself) as stated in B.08.003,Division 8.
3. Also, flavouring and naming was followed as stated in B.11.150 and
B.01.401
4. The constitution of ingredients and Nutritional Values wereattributed
based on the required Daily intakes as stated in Schedule K.
Nutrition fact table formats were cross referenced with standards setin Schedule
L.
Group J April 19, 2015
Product assessment
Compiled by Darshan Sharma
- Water of Activity(Aw) : The productis liquid so the water of activity will not
be necessary to perform.
- pH : pH denotes acidity of the milk. So it was measured by pH meter and
was found to be 7.0, so it was basically neutral.
- Moisture : The productitself is liquid so there is no need to perform
moisturetest.
- Acidity: Acidity measurements are also used to monitor processes such as
cheese-making and yoghurt-making. Thetitratable acidity of fresh milk is
expressed in terms of % lactic acid, becauselactic acid is the principal acid
produced by fermentation and fresh milk contains only traces of lactic acid.
However, dueto the buffering capacity of the proteins and milk salts, fresh
milk normally exhibits an initial acidity of 0.14 to 0.16% when titrated using
sodiumhydroxideto a phenolphthalein end-point. So the result of this test
was found to be 17% of lactic acid.
Packaging DesignandComponent
Compiled by: Nancy and Kamalpreet
To be packaged in glass bottle capable of holding 325mL of liquid.
Frontlabel: Accompanied by the Best before date at the neck of the glass bottle.
Product Label:
Designed by: Nancy and Kamalpreet
Group J April 19, 2015
MARKETING MIX
Brand Name:Captain Maono
1) PRODUCT: Captain Maono, dairy based drink, is a consumer productwhich is
high in fiber, fortified with vitamin D and green tea extract. Healthier alternative
to commonly sold beverages like soft drinks, tea and coffee. The productwill be
packed in glass bottles. Glass bottles are chosen over plastic bottles becausethe
latter has problem of leaching out alkali during storage. Thus, glass bottles will
help in preserving the quality of the productduring shelf life.
0
10
20
30
40
50
60
70
80
Nutrition Convenience Appearance Flavour Package
Ranking of product attributes
Product: Captain Maono, Dairy drink
Ingredients: Milk(1% fat), Honey, Oat (ground),
Psyllium (ground), Almonds (chopped), Vitamin D
(powder), Pistachios ( ground), Green tea, Flavor,
Cardamom powder, Turmeric
Allergens: Milk, Pistachios, Turmeric, Almonds,
Cardamom.
Produit: Captain Maono, Dairy drink
Ingrédients: lait (1%de matières grasses), miel,
l'avoine (sol), Psyllium (sol), Amandes (haché), la
vitamine D (en poudre), pistaches (sol), thé vert,
saveur, cardamome en poudre, curcuma
Allergènes : Lait, Pistaches, Curcuma, Amandes,
Cardamome
Prepared in Canada
Durham College, 2000Simcoe
Oshawa, ON L1H 7K4
Contact: +1(226)5676542
BB:April 24,2015
Group J April 19, 2015
2) PLACE: The product will find suitable place in the dairy section of grocery
stores, conveniencestores, coffee shops, cafeterias. Its shelf life is 2 weeks. Itcan
be available all over the country at all times of the year.
3) PRICE: The price of the productis set as $3.60 to meet the target return on
investment. The cost of the product/packageif $1.76. Apartfromthe company’s
profit, the remaining shareis given to the distributors and retailers.
4) PROMOTION: Theproductwill be promoted by offering free samples in the
college campus.
PRODUCT POSITIONING STRATEGY
 We will position the productwith the tag “You can Drink and Drive!”
 Captain Maono is dairy drink for all ages; it’s chocolate flavoured so that
kids can enjoy having it. Milk makes it good as a breakfastdrink, fortified
with vitamin D, Fibre and Green tea extract that suitable for all. The
benefits of this particular brand outweigh the benefits offered by other
dairy drink.
 This in turn would make the customers move fromregular dairy drinks to
Captain Maono and even small kids and teenagers will like it and ask their
parents to buy them for the breakfastor to havein between meals. Parents
would be attracted towards it as the fortifying of milk made it healthier.
Positioning Strategy
Market Product
Current New
Current Market Penetration Product development
Selling moreCaptain
Maono dairy drink in
existing market
Introducing Captain Maono in
ON
New Market development Diversification
Group J April 19, 2015
Selling Captain Maono in
ON for the firsttime
Expanding the market and
selling Captain Maono in other
provinces of Canada, starting
with BC.
References
Progress Report 02- Same as former
Web link for the survey:
https://docs.google.com/forms/d/1Ba99c-X7aGyl02mIbgIqOtFHWZA-E-
wEjmi1t3RxTr4/viewform
http://www.boost.com/nutritional-drinks/boost-original
http://www.musclemilk.com/products/ready-drink/collegiate/
http://ensure.com/products/ensure-original
Duyvesteyn, W. S., Shimoni, E., & Labuza, T. P. (2001). Determination of the end
of shelf-life for milk using Weibull hazard method. LWT-Food Science and
Technology, 34(3), 143-148.
Sampedro, F., Geveke, D. J., Fan, X., Rodrigo, D, and Zhang, Q. H. (2009). Shelf Life
study of an orangejuice-milk based beverage after PEF and Thermal processing.
PubMed.

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GroupJ_high fiber dairy drink

  • 1. Group J April 19, 2015 Group J- Product Development Progress Report- 03 Compiled by- Nancy Bathh (100574638) Team members- Ogunwale Oluwole(100570578), Kamalpreet Kaur(100573890), Neenu Varghese(100574421) and Darshan Sharma(100571331) Date of submission- April 19, 2015
  • 2. Group J April 19, 2015 SCORE CARD Compiled by Nancy Bathh Ideas for scoring: i) Spicy sauce that does not causeulcers ii) Soup that can be used in sorethroat iii) Low calorie drink that can suppress appetite iv) Ice-creamwith health benefits. v) Pre-formed dough. vi) Ketchup with cholesterol lowering properties. vii) Incorporating walnutfor its neuroprotective properties. viii) Vitamin supplements for kids. ix) Mineral supplements in food. x) Frozen desertwith brown sugar. REWARD: Score Points 1 3 5 How Much? Minor contribution v, vii, viii, ix Moderate i), ii, iii), iv, vi , x Very large for us How Soon? Five years Three years v, vi, vii, viii, ix This year i) , ii),iii), iv and x How Long? One year v) Several years i), ii), iii), iv, vi, Many years
  • 3. Group J April 19, 2015 vii, viii, ix and x Company Image Could hurt us viii, ix Supportive ii), iv, v, vi, vii Make us look great i), iii) and x Total = 20 points i) = 16 ii) = 14 iii) = 16 iv) = 14 v) = 08 vi) = 12 vii) = 10 viii) = 08 ix) = 08 x) =16 TECHNICAL RISK: Score Points 1 4 7 10 Complexity Major invention required Innovation intensive i), vi and x Incremental improvements ii, iii, iv, v, vii, viii and ix Off the shelf technology Capability Not sure that anyone can do it Must find or buy some skillsx Skills can be developed by our staff i, ii), vi, vii,viii, All skills in house iii), v
  • 4. Group J April 19, 2015 ix ,iv Ownership Excluded by competitor’s patents Wide open or public domain i),ii, iv, vii, viii and ix We can get a license iii) We have the patent v, vi and x Total = 30 points i) = 15 ii) = 18 iii) = 24 iv) = 18 v) = 27 vi) = 21 vii) = 18 viii) = 18 ix) = 18 x) = 18 COMMERCIAL RISK Score Points 1 2 3 4 Customer Need No one wants it Me too. Needs already satisfied iv, vii, viii and ix Need unmet, but not well recognized i) , ii), iii),v, vi, x Customers need it and know they need it
  • 5. Group J April 19, 2015 Marketing to current customers All new customer base Same market, but different customers Mix of currentand new customers v, vi, x All present customers are potential buyers i), ii), iii), iv, vii, viii and ix Market trend Declining Unpredictable v, vi and x Static, stable, predictable ii), iv, vii, viii and ix Growing and expanding i), iii) Regulatory Issues Unpredictable, large possible negative impact vi Predictable, minor negative impact No potential impact i), ii), iv, v, vii, viii, ix and x Well defined, could improveour position iii) Competitors One or two dominant players ii), iv, vi, viii and ix Many aggressive players, none dominant i) and vii A few established, but passive players iii) and x Weakly contested market v) Total = 20 points i) = 16 ii) = 14 iii) = 19 iv) = 13
  • 6. Group J April 19, 2015 v) = 15 vi) =10 vii) = 14 viii) = 13 ix) =13 x) =14 STRATEGIC FIT: Points 1 3 5 Importanceto local strategy Counter to strategy Neutral or minor v, vi, vii, viii, ix, x Essential i), ii) , iii), iv Importanceto global strategy Counter to strategy Neutral or minor v, vi, vii, viii, ix and x Essential i) ii), iii), iv Platformfor strategy Stand alone product v, vi and x Family of products i), ii), iii), iv, vii,viiiandix Whole new business Cross business capability Local business only Several business areas i),ii), iii), iv, v, vi, vii, viii, ix and x Useful to the entire organization Customer/Partner relationships May damage relationships No impact iv, v, vii, viii, ix and x Will strengthen relationships i) , ii), iii), and vi Impartof industry Increases None Shifts balance in
  • 7. Group J April 19, 2015 structure competition i), ii), iii), iv, vi, vii, viii and ix v and x our favor Total = 30 points i) = 22 ii) = 22 iii) = 22 iv) = 20 v) = 16 vi) = 16 vii) = 16 viii) = 16 ix) =16 x) =16 Total Scorepossible= 100 points i) Spicy sauce that does not causeulcers = 69 ii) Soup that can be used in sorethroat = 68 iii) Low calorie drink that can suppress appetite= 81 iv) Ice-creamwith health benefits = 65 v) Pre-formed dough = 66 vi) Ketchup with cholesterol lowering properties = 59 vii) Incorporating walnutfor its neuroprotective properties = 58 viii) Vitamin supplements for kids = 55 ix) Mineral supplements in food = 55 x) Frozen desertwith brown sugar = 64 Top idea=Low calorie drink that contains highfibre
  • 8. Group J April 19, 2015 Concept Development Developed by: Nancy Bathh and Ogunwale Product Name: CaptainMaono CONCEPT1: To develop a dairy drink which contains high fibre (upto 30%) and is fortified with Vitamin D. Itwill be available in chocolate flavor. AIM:The purposeis to sell it as a healthier alternative to the commonly sold beverages like tea, coffee and softdrinks. OTHER HIGHLIGHTS: Itwill also contain green tea extracts and turmeric. These will add value to the productby boosting the overallhealth, increasing alertness, providing anti-oxidant and anti-cancer properties to the product. In order to enhance texture and flavor we will add almonds and pistachios. The former will also help in providing fibre.
  • 9. Group J April 19, 2015 ConceptSheetprepared by: Ogunwale Concept 2 All the highlights remain the same but it will be available in strawberry flavor.
  • 10. Group J April 19, 2015 ConceptSheetprepared by: Ogunwale Concept 3 The third flavor is vanilla. All the other highlights remain the same.
  • 11. Group J April 19, 2015 ConceptSheetsprepared by: Ogunwale Summary of the Survey Are you- Category No. of responses Percentage Male 20 47% Female 22 51%
  • 12. Group J April 19, 2015 Which age group do you belong to? Category # of responses Percentage Under 12years 0 0% 12-17 1 2% 18-24 26 60% 25-34 14 33% 35- 44 0 0% 45+ 2 5% Who usually buys grocery inyour family? Responses # of responses Percentage I buy it all the time 15 35% I sometimes accompany the personwho buys grocery 17 40% I rarely go for buying grocery 5 12%
  • 13. Group J April 19, 2015 I have never gone for buying grocery 3 7% How important is it for you to eat healthy food? Responses # of responses Percentage I like to eat healthy all the time 21 49% I prefer eating healthy food sometimes depending on my mood 19 44% I rarely eat healthy food 2 5% I don't feel the need to eat healthy 1 2% What type of beverages doyou prefer todrink? Category # of responses Percentage Tea 14 33% Coffee 16 37% Soft drink 9 21% Juice 23 53% Other 4 9%
  • 14. Group J April 19, 2015 How oftendo you consume them? Responses # of responses Percentage Occasionally 8 19% Once a day 16 37% Twice a day 15 35% More than twice a day 4 9% Other 0 0% How concernedare you about buying a healthier alternative tothe commonly soldbeverages? Responses # of responses Percentage I always look for a healthier alternative 22 51% I sometimes wantto drink something healthy 19 44% I am not concerned abouta healthier alternative, I enjoy my regular beverage 4 9%
  • 15. Group J April 19, 2015 How oftenhave you lookedfor a drink withhigh fibre? Responses # of responses Percentage I have always wanted tobuy one 18 42% I may have thought of buying it for a change 13 30% I am not strictly concerned with buying a drink rich in high fibre 12 28% Will you prefer buying a drink highin fibre? Responses # of responses Percentage Yes, certainly 21 49% May be 17 40% I don't know 4 9% No 2 5%
  • 16. Group J April 19, 2015 How concernedare you withhaving stronger bones? Responses # of responses Percentage I consider my bones as strong 22 51% I take supplements to makemy bones strong 7 16% I am concerned about my bone strength but don't know what to take for it 15 35% Other 2 5% Will you prefer tobuy a drink fortifiedwithVitaminD? Responses # of responses Percentage Yes, certainly 25 58% May be 16 37% I don't know 2 5% No 0 0%
  • 17. Group J April 19, 2015 How do you like the idea of a dairy baseddrink containing highfibre and fortifiedwithVitaminD? Responses # of responses Percentage I would definitely buy it 29 67% I am not sureif I would wantto drink it 10 23% I don't know 4 9% Other 0 0% According toyou are the claims on the label believable? Responses # of responses Percentage Yes they are believable 18 42% They are somewhat believable 18 42% They are not believable 7 16% Other 1 2% What is your ideaof buying a drink withgreenteaextract? Responses # of responses Percentage
  • 18. Group J April 19, 2015 Yes, I will definitely buy it 23 53% I would not want green tea in a dairy drink 9 21% I don't mind having green tea in the drink 11 26% Other 1 2% Are you familiar withthe benefits of turmeric? Responses # of responses Percentage Yes, it has antiseptic, anti-inflammatory and anti-cancer properties 33 77% I have heard about it but I am not awareof its benefits 8 19% I haven't heard of it 2 5% Would you prefer toconsume a drink withturmeric init? Responses # of responses Percentage Yes 27 63% No 8 19% May be 6 14%
  • 19. Group J April 19, 2015 I don't know 2 5% Would you like a drink withnatural ingredients like almonds andpistachios? Responses # of responses Percentage Yes, I like the ideafor having them in the drink 36 84% I don't mind having them in the drink 7 16% I will not like them in the drink 1 2% Other 1 2% How important is it for you to buy a sugar free drink? Responses # of responses Percentage I always look for a sugar free option 18 42% I don't have any preferences for a sugar free drink 17 40% I may prefer to buy a sugar freedrink 9 21% What flavour would you prefer for the drink?
  • 20. Group J April 19, 2015 Responses # of responses Percentage Chocolate 19 44% Strawberry 17 40% Vanilla 18 42% Other 1 2% How will you prefer it tobe packaged? Responses # of responses Percentage It shouldbe ready to drink 39 91% Itshould be reconstituted 5 12% Other 0 0% What volume would you prefer for the package? Responses # of responses Percentage below 300mL 20 47% 301-500mL 24 56% 501-800mL 0 0%
  • 21. Group J April 19, 2015 How much would you want to spendfor the drink? Responses # of responses Percentage $1 - $3 26 60% $4 - $6 14 33% $7 - $9 5 12% Note:Suggestions by the potential consumers: Will need to work more on the label and make it more appealing.
  • 22. Group J April 19, 2015 CONCEPTTESTING (Conjoint Analysis) Performed by : Darshan Sharma Captain Maono, a high fibredairy producthas been conceptualized into a product that comes in three flavours namely; Chocolate, Vanilla and Strawberry. This conjointanalysis has been done based on the productsurvey posted via Google Docs. The three main parameters considered for concept testing are stated below: 1. Highfibre: Fromthe survey 42% peoplehave shown preferencetowards having high fibre in the productand 49% haveopted for buying a product containing high fibre. So we gave 500 points from1000 points to have high fibre in the product. 2. Flavour: We offered three flavours to the customers to choosefromwhich they would prefer to have in the drink. We gave350 points for flavour out of 1000. Theresults for flavour preference are as follows:  Chocolate: 44% people want this flavour  Vanilla: 42% people want vanilla  Strawberry: 40% peoplewantstrawberry So fromthe survey wegave some individual points to these flavours, in which chocolate has 154 points, Vanilla 147 points and Strawberry has 140 points 3. VitaminD: Because the main highlight of the productwas high fibre, we gave 100 points for having high Vit. D and 50 points for low Vit D. CHOICES FROM THE CONCEPTS We have total 9 choices for products: 1. High Fibre: High Vit D  Chocolate flavour- 500+100+154=754 points  Vanilla flavour- 500+100+147=747 points  Strawberry- 500+100+140=740 points
  • 23. Group J April 19, 2015 2. High Fibre: Low Vit D  Chocolate flavour- 500+50+154=704 points  Vanilla flavour- 500+50+147=697 points  Strawberry flavour- 500+50+140=690 points 3. High Fibre: No Vit D  Chocolate flavour- 500+154=654 points  Vanilla flavour- 500+147=647 points  Strawberry flavour- 500+140=640 points So from the above analysis Highfibre:HighVit D withchocolate flavour has the highest points whichare 754 points. Gap in the market space: Done by: KamalpreetKaur and Neenu Varghese Currently the marketis seen flooded with varieties of aerated drinks, coffeeand tea. People prefer buying these than the healthier dairy drinks. Aerated drinks do not offer any health benefits; coffee and tea contain caffeine which increases alertness. One major drawback of caffeineis that it causes ulcers. We want to come up with a dairy drink which is accepted by all and can be used to substitute its widely sold counterparts. This drink would contain high fiber (about 30%) and vitamin D. Apart fromthis, it would also contain green tea extract which would act as a sourceof antioxidant. Ingredients like turmeric would be incorporated to impart anti-cancer properties and immunoprotective properties. Almonds and pistachios would enhance flavor, providefibre, texture and help in rejuvenating the skin. In a nutshell, the dairy drink would be a healthier alternative to the traditionally sold beverages. There are various milk products such as protein shakes and nutritional drinks which contain vitamins, proteins and minerals but the drawback is that their % daily value of fiber is comparatively less, sincetheir major area of concern are
  • 24. Group J April 19, 2015 vitamins and minerals. On the other hand almost all of these products arehigh in calorie or sugar content. Considering all these limitations, our target is to develop a dairy drink which is high in fibre, vitamin D and low in calories. Apart fromthis, by using ingredients like green tea and turmeric we want the productto provide additional health benefits. Main competitors as per the current market include Boost, Muscle milk, Ensure original, All in one meal,etc.
  • 25. Group J April 19, 2015 MARKET POSITIONING Performed by: Neenu Varghese Dairy drink containing Vitamin D and Fiber >Bodykey by Nutrilite >Boost plus > carnation breakfastessentials >Nesquick chocolate milk > Ensureplus nutrition shake >Coffee crisp chocolate milk > Fitness Delight >Monster milk > Gatoradeprotein shake > Musclemilk >Caramilk Highdietaryfiber Low dietaryfibre HighVitaminD Low VitaminD CAPTAIN MAONO
  • 26. Group J April 19, 2015 Interpretationof Final Concept testing Done by Nancy Bathh Based on the findings of the survey, following parameters werehighlighted- 1) Almost half of the consumers (49%) prefer eating healthy all the time and that can be ascertained fromthe fact that the usually prefer drinking juice than coffee and tea. Nevertheless, nearly 51% of the respondents areconstantly looking for a healthier alternative to the commonly sold beverages- coffee, tea and softdrinks. So, launching a drink as an alternative to the other beverages will definitely be a good idea. 2) On being asked about the fiber and vitamin D content, 42% wanta drink high in fiber and 49% will definitely prefer buying it. Even though 58% of respondents considered that their bones were strong, yet 58% would prefer buying a drink fortified with Vitamin D. 3) 67% of the consumers showed interestin buying a drink with both fiber and vitamin D. 4) On going through the concept sheets and the claims, 84% people believed that the claims were either believable or somewhatbelievable and out of the three concepts, majority was with chocolate flavor. 5) On asking further about the other attributes like green tea extract and turmeric, majority of the people liked the idea of incorporating both these ingredients into the drink. 6) 84% of the respondents wereinterested in buying a drink with almonds and pistachios in it. 7) On being asked about the packaging, 91% wanted a ready to drink package for the productin quantities between 301-500mL. 8) The preferred price was $1-$3, as anticipated.
  • 27. Group J April 19, 2015 Results of the conjoint analysis depict that the drink with high fiber, high vitamin D and chocolate flavor would be favored. Thus, in a nutshell, people would prefer buying our product in chocolate flavor, which is rich in fiber and is fortified with Vitamin D. Consumers would like incorporation of Green Tea extract, turmeric for adding value to the product. Almonds and pistachios would also be accepted. Another focus would be to keep it low in sugar content. The drink should be made in a ready to drink form to provide convenience to the consumers. The quantity would be somewhere around 325mL. Market Gap and product mapping show that the maximum fibre content that is incorporated in drinks is 20%. Setting up the target as 30% for our drink would prove beneficial. Product Attributes Compiled by Ogunwale The target product that we aim to produce is to contain 30% Dietary Fibre, 50% Vitamin D, with green tea extracts incorporated together with turmeric and a blend of almonds and pistachios in a richly flavored dairy drink, which favorably would come in chocolate flavor. Although vanilla and Strawberry flavors would also be produced, however, emphasis would be made on the Chocolate flavor due to high customer priority. Shelf Life studies: Compiled by: Ogunwale Usually, this process involves a time-long process of studying the productfor its microbial and chemical properties and activities, as influenced by factors such as Temperature, water activity, process conditions and packaging. Signs of deterioration- microbial, physicaland chemical are carefully observed and these give us proper idea of whatthe shelf life of a productwill be.
  • 28. Group J April 19, 2015 Captain Maono is an entirely milk-based (dairy) product, however due to constraints with time during its development, a proper shelf life study could not be conducted. However, onemajor thing that never changes is the fact that this productis entirely dairy based and hence, its shelf life is majorly influenced by Milk and milk properties. Research shows that the average shelf life of milk is between 10-14days, refrigerated or not, however, freezing milk helps to prolong that by many months (Duyvesteyn et. al., 2001). Itwas also stated in the work of Sampedro et. al., the shelf life a milk-based beverages was said to be between 2-3 weeks. Therefore, for the above reasons, theshelf life of Captain maono is 2weeks refrigerated or not. Regulations compliance Compiled by: Ogunwale Required regulations to be followed were referred to as stated in the Food and Drugs Regulations. 1. The required regulation as regards thelabelling and packaging of the products werefollowed as stated in B.01.002A –B.01.600 2. Regulations regarding Dairy products werechecked for both the ingredient (Skimmilk and the Productitself) as stated in B.08.003,Division 8. 3. Also, flavouring and naming was followed as stated in B.11.150 and B.01.401 4. The constitution of ingredients and Nutritional Values wereattributed based on the required Daily intakes as stated in Schedule K. Nutrition fact table formats were cross referenced with standards setin Schedule L.
  • 29. Group J April 19, 2015 Product assessment Compiled by Darshan Sharma - Water of Activity(Aw) : The productis liquid so the water of activity will not be necessary to perform. - pH : pH denotes acidity of the milk. So it was measured by pH meter and was found to be 7.0, so it was basically neutral. - Moisture : The productitself is liquid so there is no need to perform moisturetest. - Acidity: Acidity measurements are also used to monitor processes such as cheese-making and yoghurt-making. Thetitratable acidity of fresh milk is expressed in terms of % lactic acid, becauselactic acid is the principal acid produced by fermentation and fresh milk contains only traces of lactic acid. However, dueto the buffering capacity of the proteins and milk salts, fresh milk normally exhibits an initial acidity of 0.14 to 0.16% when titrated using sodiumhydroxideto a phenolphthalein end-point. So the result of this test was found to be 17% of lactic acid. Packaging DesignandComponent Compiled by: Nancy and Kamalpreet To be packaged in glass bottle capable of holding 325mL of liquid. Frontlabel: Accompanied by the Best before date at the neck of the glass bottle. Product Label: Designed by: Nancy and Kamalpreet
  • 30. Group J April 19, 2015 MARKETING MIX Brand Name:Captain Maono 1) PRODUCT: Captain Maono, dairy based drink, is a consumer productwhich is high in fiber, fortified with vitamin D and green tea extract. Healthier alternative to commonly sold beverages like soft drinks, tea and coffee. The productwill be packed in glass bottles. Glass bottles are chosen over plastic bottles becausethe latter has problem of leaching out alkali during storage. Thus, glass bottles will help in preserving the quality of the productduring shelf life. 0 10 20 30 40 50 60 70 80 Nutrition Convenience Appearance Flavour Package Ranking of product attributes Product: Captain Maono, Dairy drink Ingredients: Milk(1% fat), Honey, Oat (ground), Psyllium (ground), Almonds (chopped), Vitamin D (powder), Pistachios ( ground), Green tea, Flavor, Cardamom powder, Turmeric Allergens: Milk, Pistachios, Turmeric, Almonds, Cardamom. Produit: Captain Maono, Dairy drink Ingrédients: lait (1%de matières grasses), miel, l'avoine (sol), Psyllium (sol), Amandes (haché), la vitamine D (en poudre), pistaches (sol), thé vert, saveur, cardamome en poudre, curcuma Allergènes : Lait, Pistaches, Curcuma, Amandes, Cardamome Prepared in Canada Durham College, 2000Simcoe Oshawa, ON L1H 7K4 Contact: +1(226)5676542 BB:April 24,2015
  • 31. Group J April 19, 2015 2) PLACE: The product will find suitable place in the dairy section of grocery stores, conveniencestores, coffee shops, cafeterias. Its shelf life is 2 weeks. Itcan be available all over the country at all times of the year. 3) PRICE: The price of the productis set as $3.60 to meet the target return on investment. The cost of the product/packageif $1.76. Apartfromthe company’s profit, the remaining shareis given to the distributors and retailers. 4) PROMOTION: Theproductwill be promoted by offering free samples in the college campus. PRODUCT POSITIONING STRATEGY  We will position the productwith the tag “You can Drink and Drive!”  Captain Maono is dairy drink for all ages; it’s chocolate flavoured so that kids can enjoy having it. Milk makes it good as a breakfastdrink, fortified with vitamin D, Fibre and Green tea extract that suitable for all. The benefits of this particular brand outweigh the benefits offered by other dairy drink.  This in turn would make the customers move fromregular dairy drinks to Captain Maono and even small kids and teenagers will like it and ask their parents to buy them for the breakfastor to havein between meals. Parents would be attracted towards it as the fortifying of milk made it healthier. Positioning Strategy Market Product Current New Current Market Penetration Product development Selling moreCaptain Maono dairy drink in existing market Introducing Captain Maono in ON New Market development Diversification
  • 32. Group J April 19, 2015 Selling Captain Maono in ON for the firsttime Expanding the market and selling Captain Maono in other provinces of Canada, starting with BC. References Progress Report 02- Same as former Web link for the survey: https://docs.google.com/forms/d/1Ba99c-X7aGyl02mIbgIqOtFHWZA-E- wEjmi1t3RxTr4/viewform http://www.boost.com/nutritional-drinks/boost-original http://www.musclemilk.com/products/ready-drink/collegiate/ http://ensure.com/products/ensure-original Duyvesteyn, W. S., Shimoni, E., & Labuza, T. P. (2001). Determination of the end of shelf-life for milk using Weibull hazard method. LWT-Food Science and Technology, 34(3), 143-148. Sampedro, F., Geveke, D. J., Fan, X., Rodrigo, D, and Zhang, Q. H. (2009). Shelf Life study of an orangejuice-milk based beverage after PEF and Thermal processing. PubMed.