SlideShare a Scribd company logo
New Product Introduction and Consumer
Behavior of IcedTea in Kunde
Submitted by
Pranay Bhandari
Shivam Singh Dhanjal
Chitresh Jhawar
Tejas Jaiswal
Hitesh Bohara
AnugrahTibbrewala
1
Flow of Presentation
Introduction of the product.
Pricing of the product.
About Kunde.
Segment,Target, Position.
Methodology
Questionnaire.
Responses.
Problems.
Conclusion.
2
Introduction of the product
Product name - Barfeeli chai
Tag Line - Foorti laye, susti bhagaye, sirf ek glass barfeeli chai.
Flavors – Lemon and Peach
Sizes - 17 gm sachet (one glass)
85 gm sachet (five glasses)
170 gm packet (ten glasses)
Ingredients- Sugar, Instant black tea, Natural flavors, Citric acid,
Sucralose, Silicon dioxide. 3
Pricing of the product
Pricing Strategy- Penetration pricing
One glass sachet for Rs 4/-
Five glass sachet for Rs 19/-
Ten glass packet for Rs 36/-
4
About Kunde
Kunde village is nearVajreshwari hot springs
in theThane District
Population of less than 5000
It’s a full Maharashtrian village
70 km from Mumbai
Main business- poultry, dairy,
mostly service sector.
Panchayat system
5
Segment,Target, Position
Segment- 12-45 year old middle and upper class.
Target –Youth and Kids from schools and colleges.
Position - Healthy, refreshing, tasty drink that everybody in the family can
use on a daily basis substituting chai, Rasna.
6
Methodology
We roamed around the village and figured out two places to carry out our activity. The first
one was near a kirana store where we could find a lot of crowd.
On the same day of our visit, the village had a cricket game organized where most of the
youth was present and we were bound to choose the ground as our second location.There
were more than 150 villagers there of every age and it made our process easy.
The villagers helped us with arranging some ice and we prepared the iced tea in front of them
and taught them at the same time the procedure to prepare it.
In 60 ml glasses, we served the crowd that had gathered around us which included mostly
children and adult males and then asked their responses with regarding to the questionnaire
we had brought with them. 7
8
9
Responses (Sample size= 30)
1. How much did you like the taste of iced tea?
1.How much did you like the taste of iced tea?1
0%
2
0% 3
20%
4
60%
5
20%
10
2.Would you buy iced tea in place of other
refreshments? (eg: Rasna , Roohafza, etc.)
YES
65%
NO
25%
MAYBE
10%
11
3.Would you like to serve iced tea to your
guests?
YES
70%
NO
25%
MAYBE
5%
12
4. In what quantity would you be willing to buy
iced tea?
1 GLASS
10%
5 GLASS
45%
10 GLASS
45%
13
5. How much are you willing to pay for 1 glass
of iced tea?
14
6. How often would you like to consume iced
tea in a week?
15
7.What is the most interesting factor about
iced tea according to you?
Taste
50%
Fragrance
10%
Feel good factor
25%
Unique
15%
16
Difficulties
Not enough women respondents.
Unavailability of ice cubes.
Electricity.
Few shops located at a distance from residence.
17
Conclusion
Can be a HUGE substitute for cold drinks and tea.
Curiosity will make people in large quantities buy the product.
Can be positioned as a luxury and healthy beverage.
Demand might wear off as it may work out to be a fad.
18
Thank you.
19

More Related Content

Similar to New Product Introduction and Consumer Behavior of Iced tea in rural market

RuthAnnMessing_MMS
RuthAnnMessing_MMSRuthAnnMessing_MMS
RuthAnnMessing_MMS
Ruth Ann E. Messing
 
Honey's supply chain in bangladesh
Honey's supply chain in bangladeshHoney's supply chain in bangladesh
Honey's supply chain in bangladesh
Md. Shahinuzzaman
 
Chai Tapri - Account Planning
Chai Tapri - Account PlanningChai Tapri - Account Planning
Chai Tapri - Account Planning
timetobeserious
 
March15
March15March15
March15
Aimee Smith
 
Salt of the earth
Salt of the earthSalt of the earth
Salt of the earth
wimihkltd
 
Vol 1_The Bar Chef's Table
Vol 1_The Bar Chef's TableVol 1_The Bar Chef's Table
Vol 1_The Bar Chef's Table
Debabrata Bose
 
Around Argent Q3 2015 for websites
Around Argent Q3 2015 for websitesAround Argent Q3 2015 for websites
Around Argent Q3 2015 for websites
Bekah Keehn
 
COUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohw
COUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohwCOUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohw
COUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohw
giovanapereira310
 
NESTLE INDIA MARKETING MIX
NESTLE INDIA MARKETING MIXNESTLE INDIA MARKETING MIX
NESTLE INDIA MARKETING MIX
Sambit Mishra
 
Linden Hills Co-op Rolling Oats Journal Dec Jan 2016
Linden Hills Co-op Rolling Oats Journal Dec Jan 2016Linden Hills Co-op Rolling Oats Journal Dec Jan 2016
Linden Hills Co-op Rolling Oats Journal Dec Jan 2016
Madeleine Isaacson
 
Foodie Picnic Basket
Foodie Picnic BasketFoodie Picnic Basket
Foodie Picnic Basket
Jennifer Gorman
 
Grand test
Grand testGrand test
Grand test
Lân Nguyễn
 
Healthy Options Christmas catalog 2017
Healthy Options Christmas catalog 2017Healthy Options Christmas catalog 2017
Healthy Options Christmas catalog 2017
Flawless Papaya Republic
 
Planning
PlanningPlanning
marketing plan for tea pills
marketing plan for tea pillsmarketing plan for tea pills
marketing plan for tea pills
Sambodh Tiwari
 
July Newsletter 2015
July Newsletter 2015July Newsletter 2015
July Newsletter 2015
Molly MacDonald
 
edible-coffee-cups-to-replace-plastic-cups.pdf
edible-coffee-cups-to-replace-plastic-cups.pdfedible-coffee-cups-to-replace-plastic-cups.pdf
edible-coffee-cups-to-replace-plastic-cups.pdf
Khariharan13
 
SR TRAINING(1).pptx
SR TRAINING(1).pptxSR TRAINING(1).pptx
SR TRAINING(1).pptx
surbhikhemka
 
Prediction Markets and Artificial Intelligence in Concept Testing
Prediction Markets and Artificial Intelligence in Concept TestingPrediction Markets and Artificial Intelligence in Concept Testing
Prediction Markets and Artificial Intelligence in Concept Testing
Tim Hoskins, President, Quester Insights and Strategy
 
Some, any, how much, how many
Some, any, how much, how manySome, any, how much, how many
Some, any, how much, how many
ESLHan
 

Similar to New Product Introduction and Consumer Behavior of Iced tea in rural market (20)

RuthAnnMessing_MMS
RuthAnnMessing_MMSRuthAnnMessing_MMS
RuthAnnMessing_MMS
 
Honey's supply chain in bangladesh
Honey's supply chain in bangladeshHoney's supply chain in bangladesh
Honey's supply chain in bangladesh
 
Chai Tapri - Account Planning
Chai Tapri - Account PlanningChai Tapri - Account Planning
Chai Tapri - Account Planning
 
March15
March15March15
March15
 
Salt of the earth
Salt of the earthSalt of the earth
Salt of the earth
 
Vol 1_The Bar Chef's Table
Vol 1_The Bar Chef's TableVol 1_The Bar Chef's Table
Vol 1_The Bar Chef's Table
 
Around Argent Q3 2015 for websites
Around Argent Q3 2015 for websitesAround Argent Q3 2015 for websites
Around Argent Q3 2015 for websites
 
COUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohw
COUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohwCOUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohw
COUNTABLE hlrhoiewhtiorhewriohtowerhthewkthoewhtohw
 
NESTLE INDIA MARKETING MIX
NESTLE INDIA MARKETING MIXNESTLE INDIA MARKETING MIX
NESTLE INDIA MARKETING MIX
 
Linden Hills Co-op Rolling Oats Journal Dec Jan 2016
Linden Hills Co-op Rolling Oats Journal Dec Jan 2016Linden Hills Co-op Rolling Oats Journal Dec Jan 2016
Linden Hills Co-op Rolling Oats Journal Dec Jan 2016
 
Foodie Picnic Basket
Foodie Picnic BasketFoodie Picnic Basket
Foodie Picnic Basket
 
Grand test
Grand testGrand test
Grand test
 
Healthy Options Christmas catalog 2017
Healthy Options Christmas catalog 2017Healthy Options Christmas catalog 2017
Healthy Options Christmas catalog 2017
 
Planning
PlanningPlanning
Planning
 
marketing plan for tea pills
marketing plan for tea pillsmarketing plan for tea pills
marketing plan for tea pills
 
July Newsletter 2015
July Newsletter 2015July Newsletter 2015
July Newsletter 2015
 
edible-coffee-cups-to-replace-plastic-cups.pdf
edible-coffee-cups-to-replace-plastic-cups.pdfedible-coffee-cups-to-replace-plastic-cups.pdf
edible-coffee-cups-to-replace-plastic-cups.pdf
 
SR TRAINING(1).pptx
SR TRAINING(1).pptxSR TRAINING(1).pptx
SR TRAINING(1).pptx
 
Prediction Markets and Artificial Intelligence in Concept Testing
Prediction Markets and Artificial Intelligence in Concept TestingPrediction Markets and Artificial Intelligence in Concept Testing
Prediction Markets and Artificial Intelligence in Concept Testing
 
Some, any, how much, how many
Some, any, how much, how manySome, any, how much, how many
Some, any, how much, how many
 

Recently uploaded

Mastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis YuMastering SEO for Google in the AI Era - Dennis Yu
No Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found OnlineNo Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found Online
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Story Telling Master Class - Jennifer Morilla
Story Telling Master Class - Jennifer MorillaStory Telling Master Class - Jennifer Morilla
Mastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis YuMastering SEO for Google in the AI Era - Dennis Yu
Top digital marketing institutein noida
Top digital marketing institutein noidaTop digital marketing institutein noida
Top digital marketing institutein noida
aditisingh6607
 
How American Bath Group Leveraged Kontent
How American Bath Group Leveraged KontentHow American Bath Group Leveraged Kontent
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Yes, It's Your Fault Book Launch Webinar
Yes, It's Your Fault Book Launch WebinarYes, It's Your Fault Book Launch Webinar
Yes, It's Your Fault Book Launch Webinar
Demandbase
 
Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...
Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...
Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Mastering The Best Restaurant Advertising Campaigns Detailed Guide
Mastering The Best Restaurant Advertising Campaigns Detailed GuideMastering The Best Restaurant Advertising Campaigns Detailed Guide
Mastering The Best Restaurant Advertising Campaigns Detailed Guide
Kopa Global Technologies
 
Assignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing CourseAssignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing Course
klaudiadgmkt
 
Growth Marketing in 2024 - Randy Rayess, Outgrow
Growth Marketing in 2024 - Randy Rayess,  OutgrowGrowth Marketing in 2024 - Randy Rayess,  Outgrow
Podcast, The New Marketing Currency - Ozeal Debastos
Podcast, The New Marketing Currency - Ozeal DebastosPodcast, The New Marketing Currency - Ozeal Debastos
Podcast, The New Marketing Currency - Ozeal Debastos
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Pillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan BrockPillar-Based Marketing Master Class - Ryan Brock
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...
Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...
Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...
Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...
Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
How To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim HaydenHow To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim Hayden
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Influencer Marketing Master Class - Alexis Andreasik
Influencer Marketing Master Class - Alexis AndreasikInfluencer Marketing Master Class - Alexis Andreasik
Influencer Marketing Master Class - Alexis Andreasik
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 

Recently uploaded (20)

Mastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis YuMastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis Yu
 
No Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found OnlineNo Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found Online
 
Story Telling Master Class - Jennifer Morilla
Story Telling Master Class - Jennifer MorillaStory Telling Master Class - Jennifer Morilla
Story Telling Master Class - Jennifer Morilla
 
Mastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis YuMastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis Yu
 
Top digital marketing institutein noida
Top digital marketing institutein noidaTop digital marketing institutein noida
Top digital marketing institutein noida
 
Unleash the Power of Storytelling - Win Hearts, Change Minds, Get Results - R...
Unleash the Power of Storytelling - Win Hearts, Change Minds, Get Results - R...Unleash the Power of Storytelling - Win Hearts, Change Minds, Get Results - R...
Unleash the Power of Storytelling - Win Hearts, Change Minds, Get Results - R...
 
How American Bath Group Leveraged Kontent
How American Bath Group Leveraged KontentHow American Bath Group Leveraged Kontent
How American Bath Group Leveraged Kontent
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
 
Yes, It's Your Fault Book Launch Webinar
Yes, It's Your Fault Book Launch WebinarYes, It's Your Fault Book Launch Webinar
Yes, It's Your Fault Book Launch Webinar
 
Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...
Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...
Crafting Seamless B2B Customer Journeys - Strategies for Exceptional Experien...
 
Mastering The Best Restaurant Advertising Campaigns Detailed Guide
Mastering The Best Restaurant Advertising Campaigns Detailed GuideMastering The Best Restaurant Advertising Campaigns Detailed Guide
Mastering The Best Restaurant Advertising Campaigns Detailed Guide
 
Assignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing CourseAssignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing Course
 
Growth Marketing in 2024 - Randy Rayess, Outgrow
Growth Marketing in 2024 - Randy Rayess,  OutgrowGrowth Marketing in 2024 - Randy Rayess,  Outgrow
Growth Marketing in 2024 - Randy Rayess, Outgrow
 
Podcast, The New Marketing Currency - Ozeal Debastos
Podcast, The New Marketing Currency - Ozeal DebastosPodcast, The New Marketing Currency - Ozeal Debastos
Podcast, The New Marketing Currency - Ozeal Debastos
 
Pillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan BrockPillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan Brock
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge...
 
Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...
Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...
Get Off the Bandwagon - Separating Digital Marketing Myths from Truth - Scott...
 
Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...
Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...
Marketing in the Age of AI - Shifting CX from Monologue to Dialogue - Susan W...
 
How To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim HaydenHow To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim Hayden
 
Influencer Marketing Master Class - Alexis Andreasik
Influencer Marketing Master Class - Alexis AndreasikInfluencer Marketing Master Class - Alexis Andreasik
Influencer Marketing Master Class - Alexis Andreasik
 

New Product Introduction and Consumer Behavior of Iced tea in rural market

  • 1. New Product Introduction and Consumer Behavior of IcedTea in Kunde Submitted by Pranay Bhandari Shivam Singh Dhanjal Chitresh Jhawar Tejas Jaiswal Hitesh Bohara AnugrahTibbrewala 1
  • 2. Flow of Presentation Introduction of the product. Pricing of the product. About Kunde. Segment,Target, Position. Methodology Questionnaire. Responses. Problems. Conclusion. 2
  • 3. Introduction of the product Product name - Barfeeli chai Tag Line - Foorti laye, susti bhagaye, sirf ek glass barfeeli chai. Flavors – Lemon and Peach Sizes - 17 gm sachet (one glass) 85 gm sachet (five glasses) 170 gm packet (ten glasses) Ingredients- Sugar, Instant black tea, Natural flavors, Citric acid, Sucralose, Silicon dioxide. 3
  • 4. Pricing of the product Pricing Strategy- Penetration pricing One glass sachet for Rs 4/- Five glass sachet for Rs 19/- Ten glass packet for Rs 36/- 4
  • 5. About Kunde Kunde village is nearVajreshwari hot springs in theThane District Population of less than 5000 It’s a full Maharashtrian village 70 km from Mumbai Main business- poultry, dairy, mostly service sector. Panchayat system 5
  • 6. Segment,Target, Position Segment- 12-45 year old middle and upper class. Target –Youth and Kids from schools and colleges. Position - Healthy, refreshing, tasty drink that everybody in the family can use on a daily basis substituting chai, Rasna. 6
  • 7. Methodology We roamed around the village and figured out two places to carry out our activity. The first one was near a kirana store where we could find a lot of crowd. On the same day of our visit, the village had a cricket game organized where most of the youth was present and we were bound to choose the ground as our second location.There were more than 150 villagers there of every age and it made our process easy. The villagers helped us with arranging some ice and we prepared the iced tea in front of them and taught them at the same time the procedure to prepare it. In 60 ml glasses, we served the crowd that had gathered around us which included mostly children and adult males and then asked their responses with regarding to the questionnaire we had brought with them. 7
  • 8. 8
  • 9. 9
  • 10. Responses (Sample size= 30) 1. How much did you like the taste of iced tea? 1.How much did you like the taste of iced tea?1 0% 2 0% 3 20% 4 60% 5 20% 10
  • 11. 2.Would you buy iced tea in place of other refreshments? (eg: Rasna , Roohafza, etc.) YES 65% NO 25% MAYBE 10% 11
  • 12. 3.Would you like to serve iced tea to your guests? YES 70% NO 25% MAYBE 5% 12
  • 13. 4. In what quantity would you be willing to buy iced tea? 1 GLASS 10% 5 GLASS 45% 10 GLASS 45% 13
  • 14. 5. How much are you willing to pay for 1 glass of iced tea? 14
  • 15. 6. How often would you like to consume iced tea in a week? 15
  • 16. 7.What is the most interesting factor about iced tea according to you? Taste 50% Fragrance 10% Feel good factor 25% Unique 15% 16
  • 17. Difficulties Not enough women respondents. Unavailability of ice cubes. Electricity. Few shops located at a distance from residence. 17
  • 18. Conclusion Can be a HUGE substitute for cold drinks and tea. Curiosity will make people in large quantities buy the product. Can be positioned as a luxury and healthy beverage. Demand might wear off as it may work out to be a fad. 18