Good Morning !
Marketing 202: Introduction
To Marketing
Report : NABISCO - ‘
Baking for the Nation ’
NABISCO became a privately owned company in 1983 after the independence of
Bangladesh. The company is situated at Tejgaon Commercial Area and consists of about
900 labors/workers and 60 staffs. We try to offer a variety of wholesome and tantalizing
biscuits, breads and other snacks to our customers at reasonable price. NABISCO had
been a well-known Bangladeshi bread and bakery company. However, due to some
external and internal situation, the company is now at a declining stage. Recently
political and social unrest and fluctuating economy have been the major obstacles.
However, there is a recent trend in the consumer market for snack time products
preference. Moreover, there are few potential market segments like : Children, Urban
Housewives and Rural Middle-class in Bangladesh, that can have high impacts on re-
establishing the NABISCO brand again in Bangladesh with the slogan “ Baking For The
Nation “
Current Situation
Our goal is to re-establish the NABISCO brand in Bangladesh using effective and fruitful
marketing strategies and implementations. At first, we would focus on the customer
demands across different segments through market research. Then we would develop
new products and improve some of the old products. Finally, we would increase our
promotion and strengthen our distribution channels to reach maximum customers and
capture more market share and regain NABISCO’s past glory.
 MISSION : Offering variety of wholesome biscuits and snacks to our customers that
are healthy and tasty at a reasonable price.
Company’s Objectives
 VISION : “ Acquire Customer Satisfaction through Qualitative Production “
SWOT ANALYSIS
Strength
 Nabisco has a good brand image in Bangladesh.
 The production costs are comparatively low, so the products
are affordable.
 The products are tasty as well as affordable so that there is a
good customer preference for Nabisco products.
Weakness
 There is a lack of promotion and advertisement of the brand.
 Fewer varieties of NABISCO products.
 Inadequate product supply and availability across the country.
 Lack of financial investment, modern infrastructures and
production machineries.
Opportunities
 New and emerging market for snacks & baked products.
 Now customers are looking for more snack time products.
 Several potential segments of the population yet to be
penetrated.
Threats
 Rise in price of raw materials. Ex- Flour, Sugar.
 Established companies like PRAN-RFL, HAQUE, BISKFARM etc.
with variety of products and large market share.
 Unstable economy and other political and social unrest in the
country.
 Increasing fuel and electricity cost.
Segments Children Young Adults Urban Housewives Senior Citizens Rural Middle-Class
Age (Years) 5-12 13-25 23-50 Above 60 20-50
Income Low Medium Medium To High Low To Medium Medium
Lifestyle & Value Fun, outgoing care-
free
Active, modern Modern, settled Health conscious,
traditional
Settled, traditional
Benefits sought in
product
Sweet, tasty Tasty, healthy Tasty, affordable,
healthy
Healthy, tasty Affordable, tasty
Price Sensitivity Low Low to Medium Medium to High Medium Medium to High
Involvement Low Medium High Medium Medium
Knowledge of
Product
Medium Medium to high Medium to High Medium Low to medium
Occasion of
Consumption
Breakfast, snack-
time
Breakfast, snack/tea
time
Breakfast, snack/tea
time
Snack/tea time Snack/tea time
Loyalty Status Medium Medium Medium to high Medium to High Medium
Products Cream Crackers
Chocolate Biscuits
Choco-chip Cookies
Fruits & Chocolates
Cakes
Breads
Wafers
Glucose Biscuits
Cream Crackers
Chocolate Biscuits
Choco-chip Cookies
Fruits & Chocolate
Cakes
Breads & Cakes
Dry Fruit & Nut
Biscuits
Wafers
Glucose Biscuits
Dry Fruit & Nut
Biscuits
Chocolate Biscuits
Cream Crackers
Digestive Biscuits
Vegetable Lexus
Fruits & Chocolate
Cakes
Toasts
Breads
Vegetable Lexus
Digestive Biscuits
Toasts
Breads
Dry fruits & Nut
Biscuits
Fruit Cake
Glucose Biscuits
Cream Crackers
Toasts
Dry Fruits & Nut
Biscuits
Fruit Cake
SEGMENTATION
Targeting
To capture a good market share , the main goal is to target the segments with
more potential and the ones making maximum purchases. So, we would like to
target the three segments –
I . Children : They are most influential segments in the market as they influence
their elders to buy their favorite products.
II . Urban Housewives : These days, Urban Housewives make most of the
purchases for their families.
III . Rural Middle-Class : Bangladesh is developing into a middle-income
country, so there is a rising number of Middle-class population in the Rural areas,
they can have a greater impact on establishing our brand.
“ Delightful Snack Time ”- Anytime , Every time
At present, it has become a worldwide trend of having snack-breaks between
the three major meals. Moreover, the condition in Bangladesh is no different.
Biscuits and other bakery products are the most sought out and preferred food
items for the snack time. So, we would like to position the NABISCO’s range to
products to provide our customers with a “Delightful Snack Time” anytime,
every time. Our products can be easily differentiated from the competing
brands, since NABISCO products would be both healthy and tasty as well as
being affordable.
POSITIONING
MARKETING MIX
PRODUCT
 Prioritizing on qualitative products that are tasty and affordable, launching new products
and improvising some of the old ones.
 Using healthy and good raw materials; modern and digitally efficient equipment and
hygienic production environment.
 Standardized and enticing packaging, and informative labeling (Maintaining International
Quality Standards).
 Acquiring ISO Certification, so our products will be known for their quality and health
benefits as well as for their taste and reasonable price.
 Range of Products : Glucose Biscuits, Digestive Biscuits, Chocolate Biscuits, Choco-
Chip Cookies, Dry-fruit & Nut Biscuits, Wafers, Toasts, Breads, Fruit & Chocolate
Cakes, Vegetable Lexus, varieties of Cream Crackers
PRICE
Products Current Price in Taka Competitors Price in
Taka
Customers’ Perceived
Price in Taka
Recommended Price
in Taka
Glucose Biscuits 10 10-15 ≤15 12
Digestive Biscuits 15 15-25 ~25 18-20
Cream Crackers 35 ≤40 ~40 35
Chocolate Biscuits ≤45 40-50 40
Choco-Chip Cookies 60-80 50-70 55
Dry-fruit & Nut
Biscuit
35-50 ~40 40
Wafers ~15 10-15 10
Toasts 50-60 50 45
Breads 25-40 ~30 25
Fruit & Chocolate
Cakes
10-15 (Small)
~60 (Large)
10-15
~60
10
55
Vegetable Lexus ≤80 (Medium) 60-70 60
We would try to reach a Break-Even Point for setting the price of our
products. So that products are affordable and profits reasonable.
PLACE
 Digitalizing our Production Infrastructure and Environment.
 Focusing to reach both the Urban and Rural customers by building dedicated
supply chains.
 Strengthening our Distribution Channels by improving our relationships with the
wholesalers, retailers, local stores, and setting up efficient and integrated supply
system.
 These days, a lot of buyers do their purchases at Megastores and Super shops. So
we should form partnerships with retail outlets like: Swapno, Agora etc. They can
help in promoting and increasing sales of our products at a large scale.
PROMOTION
• Attractive and motivating advertisements by a
group of people, children or celebrities. Repetitive
advertisements specially during peak-hours and in
popular channels
Television & Radio
Commercials
• Eye-catching photos or statementsPosters & Billboards
• Interesting gifts and toys. Sometimes giving scratch
cards or couponsGifts & Vouchers
• Smart and interesting advertisementsNewspapers
• Animated, Pop-up or Paid-in advertisements in
popular social media, websites and blogs. Also
using SEOs (Search Engine Optimization)
Online Marketing
 Market Research & Business Analysis : Finding out the potential market segments, ongoing
trends and business opportunities.
 Financing & Partnership : Investing in the company and making partnerships with other brands
and intermediaries.
 Purchase and Manufacturing : Buying raw materials and equipment. Product manufacturing and
packaging process.
 Product Development : Producing new products and improving old ones as per market demand.
 Promotions : Promoting our range of products through various media platforms and increasing sales.
 Strengthening Distribution Channels : Improving relationships with retailers and wholesalers by
setting up profit percentage, building strong supply system. Partnering with Megastores and Super
shops to increase sales and promotion.
 Taking Customer Feedback & Suggestions : Launching Integrated company website. Using
SEOs (Search Engine Optimization), texts and/or call from toll-free phone numbers.
Action Programs
 By the co-operation of the Public Relations, Research & Development and Sales &
Marketing Departments, we would do a thorough market research and business
analysis to get a clear idea about the current market situation and consumer
demands.
 Analyze the customer feedbacks and preferences to add/remove products from the
production line.
 Quarterly Sales and Revenue Evaluation by the Finance & Accounting and Sales &
Marketing Departments.
 Evaluate the effectiveness of the promotions and the media by the sales and
Marketing Departments.
 Annual financial analysis on cost of production. Promotion, distribution etc. to set up
prices and sales targets.
 Examine and integrate the whole production and distribution process to make the
procedures more efficient, products more qualitative and employs more dedicated
and duteous.
Controls
Conclusion
Nabisco Marketing Plans & Strategies(sample)

Nabisco Marketing Plans & Strategies(sample)

  • 1.
  • 2.
    Marketing 202: Introduction ToMarketing Report : NABISCO - ‘ Baking for the Nation ’
  • 4.
    NABISCO became aprivately owned company in 1983 after the independence of Bangladesh. The company is situated at Tejgaon Commercial Area and consists of about 900 labors/workers and 60 staffs. We try to offer a variety of wholesome and tantalizing biscuits, breads and other snacks to our customers at reasonable price. NABISCO had been a well-known Bangladeshi bread and bakery company. However, due to some external and internal situation, the company is now at a declining stage. Recently political and social unrest and fluctuating economy have been the major obstacles. However, there is a recent trend in the consumer market for snack time products preference. Moreover, there are few potential market segments like : Children, Urban Housewives and Rural Middle-class in Bangladesh, that can have high impacts on re- establishing the NABISCO brand again in Bangladesh with the slogan “ Baking For The Nation “ Current Situation
  • 5.
    Our goal isto re-establish the NABISCO brand in Bangladesh using effective and fruitful marketing strategies and implementations. At first, we would focus on the customer demands across different segments through market research. Then we would develop new products and improve some of the old products. Finally, we would increase our promotion and strengthen our distribution channels to reach maximum customers and capture more market share and regain NABISCO’s past glory.  MISSION : Offering variety of wholesome biscuits and snacks to our customers that are healthy and tasty at a reasonable price. Company’s Objectives  VISION : “ Acquire Customer Satisfaction through Qualitative Production “
  • 6.
  • 7.
    Strength  Nabisco hasa good brand image in Bangladesh.  The production costs are comparatively low, so the products are affordable.  The products are tasty as well as affordable so that there is a good customer preference for Nabisco products. Weakness  There is a lack of promotion and advertisement of the brand.  Fewer varieties of NABISCO products.  Inadequate product supply and availability across the country.  Lack of financial investment, modern infrastructures and production machineries.
  • 8.
    Opportunities  New andemerging market for snacks & baked products.  Now customers are looking for more snack time products.  Several potential segments of the population yet to be penetrated. Threats  Rise in price of raw materials. Ex- Flour, Sugar.  Established companies like PRAN-RFL, HAQUE, BISKFARM etc. with variety of products and large market share.  Unstable economy and other political and social unrest in the country.  Increasing fuel and electricity cost.
  • 9.
    Segments Children YoungAdults Urban Housewives Senior Citizens Rural Middle-Class Age (Years) 5-12 13-25 23-50 Above 60 20-50 Income Low Medium Medium To High Low To Medium Medium Lifestyle & Value Fun, outgoing care- free Active, modern Modern, settled Health conscious, traditional Settled, traditional Benefits sought in product Sweet, tasty Tasty, healthy Tasty, affordable, healthy Healthy, tasty Affordable, tasty Price Sensitivity Low Low to Medium Medium to High Medium Medium to High Involvement Low Medium High Medium Medium Knowledge of Product Medium Medium to high Medium to High Medium Low to medium Occasion of Consumption Breakfast, snack- time Breakfast, snack/tea time Breakfast, snack/tea time Snack/tea time Snack/tea time Loyalty Status Medium Medium Medium to high Medium to High Medium Products Cream Crackers Chocolate Biscuits Choco-chip Cookies Fruits & Chocolates Cakes Breads Wafers Glucose Biscuits Cream Crackers Chocolate Biscuits Choco-chip Cookies Fruits & Chocolate Cakes Breads & Cakes Dry Fruit & Nut Biscuits Wafers Glucose Biscuits Dry Fruit & Nut Biscuits Chocolate Biscuits Cream Crackers Digestive Biscuits Vegetable Lexus Fruits & Chocolate Cakes Toasts Breads Vegetable Lexus Digestive Biscuits Toasts Breads Dry fruits & Nut Biscuits Fruit Cake Glucose Biscuits Cream Crackers Toasts Dry Fruits & Nut Biscuits Fruit Cake SEGMENTATION
  • 10.
    Targeting To capture agood market share , the main goal is to target the segments with more potential and the ones making maximum purchases. So, we would like to target the three segments – I . Children : They are most influential segments in the market as they influence their elders to buy their favorite products. II . Urban Housewives : These days, Urban Housewives make most of the purchases for their families. III . Rural Middle-Class : Bangladesh is developing into a middle-income country, so there is a rising number of Middle-class population in the Rural areas, they can have a greater impact on establishing our brand.
  • 11.
    “ Delightful SnackTime ”- Anytime , Every time At present, it has become a worldwide trend of having snack-breaks between the three major meals. Moreover, the condition in Bangladesh is no different. Biscuits and other bakery products are the most sought out and preferred food items for the snack time. So, we would like to position the NABISCO’s range to products to provide our customers with a “Delightful Snack Time” anytime, every time. Our products can be easily differentiated from the competing brands, since NABISCO products would be both healthy and tasty as well as being affordable. POSITIONING
  • 12.
  • 13.
    PRODUCT  Prioritizing onqualitative products that are tasty and affordable, launching new products and improvising some of the old ones.  Using healthy and good raw materials; modern and digitally efficient equipment and hygienic production environment.  Standardized and enticing packaging, and informative labeling (Maintaining International Quality Standards).  Acquiring ISO Certification, so our products will be known for their quality and health benefits as well as for their taste and reasonable price.  Range of Products : Glucose Biscuits, Digestive Biscuits, Chocolate Biscuits, Choco- Chip Cookies, Dry-fruit & Nut Biscuits, Wafers, Toasts, Breads, Fruit & Chocolate Cakes, Vegetable Lexus, varieties of Cream Crackers
  • 14.
    PRICE Products Current Pricein Taka Competitors Price in Taka Customers’ Perceived Price in Taka Recommended Price in Taka Glucose Biscuits 10 10-15 ≤15 12 Digestive Biscuits 15 15-25 ~25 18-20 Cream Crackers 35 ≤40 ~40 35 Chocolate Biscuits ≤45 40-50 40 Choco-Chip Cookies 60-80 50-70 55 Dry-fruit & Nut Biscuit 35-50 ~40 40 Wafers ~15 10-15 10 Toasts 50-60 50 45 Breads 25-40 ~30 25 Fruit & Chocolate Cakes 10-15 (Small) ~60 (Large) 10-15 ~60 10 55 Vegetable Lexus ≤80 (Medium) 60-70 60 We would try to reach a Break-Even Point for setting the price of our products. So that products are affordable and profits reasonable.
  • 15.
    PLACE  Digitalizing ourProduction Infrastructure and Environment.  Focusing to reach both the Urban and Rural customers by building dedicated supply chains.  Strengthening our Distribution Channels by improving our relationships with the wholesalers, retailers, local stores, and setting up efficient and integrated supply system.  These days, a lot of buyers do their purchases at Megastores and Super shops. So we should form partnerships with retail outlets like: Swapno, Agora etc. They can help in promoting and increasing sales of our products at a large scale.
  • 16.
  • 17.
    • Attractive andmotivating advertisements by a group of people, children or celebrities. Repetitive advertisements specially during peak-hours and in popular channels Television & Radio Commercials • Eye-catching photos or statementsPosters & Billboards • Interesting gifts and toys. Sometimes giving scratch cards or couponsGifts & Vouchers • Smart and interesting advertisementsNewspapers • Animated, Pop-up or Paid-in advertisements in popular social media, websites and blogs. Also using SEOs (Search Engine Optimization) Online Marketing
  • 18.
     Market Research& Business Analysis : Finding out the potential market segments, ongoing trends and business opportunities.  Financing & Partnership : Investing in the company and making partnerships with other brands and intermediaries.  Purchase and Manufacturing : Buying raw materials and equipment. Product manufacturing and packaging process.  Product Development : Producing new products and improving old ones as per market demand.  Promotions : Promoting our range of products through various media platforms and increasing sales.  Strengthening Distribution Channels : Improving relationships with retailers and wholesalers by setting up profit percentage, building strong supply system. Partnering with Megastores and Super shops to increase sales and promotion.  Taking Customer Feedback & Suggestions : Launching Integrated company website. Using SEOs (Search Engine Optimization), texts and/or call from toll-free phone numbers. Action Programs
  • 19.
     By theco-operation of the Public Relations, Research & Development and Sales & Marketing Departments, we would do a thorough market research and business analysis to get a clear idea about the current market situation and consumer demands.  Analyze the customer feedbacks and preferences to add/remove products from the production line.  Quarterly Sales and Revenue Evaluation by the Finance & Accounting and Sales & Marketing Departments.  Evaluate the effectiveness of the promotions and the media by the sales and Marketing Departments.  Annual financial analysis on cost of production. Promotion, distribution etc. to set up prices and sales targets.  Examine and integrate the whole production and distribution process to make the procedures more efficient, products more qualitative and employs more dedicated and duteous. Controls
  • 20.

Editor's Notes