A Presentation on
By,
Gheethu Maria Joy
MBA (FT)
SMS, CUSAT
Discussion Outline
Introduction
History
STP
Marketing
MIX
Methods and
Medium of
Advertising
Success or
Failure Stories
Introduction & History
ITC Limited or ITC is
an Indian conglomerate
Headquartered in Kolkata, West Bengal.
Y C Deveshwar
Established in 1910 as the Imperial Tobacco Company of India
limited,
The company was renamed as the Indian Tobacco Company limited in
1970 and
Further to I.T.C. Limited in 1974
The periods in the name were removed in september 2001 for the
company to be renamed as ITC ltd.
Its diversified business
FMCG
Information
Technology
Agri -
Business
Paperboards
&
Packaging
Hotels
ITC SUNFEAST- ENTRY
Carried a market research before entering which showed:-
Existed a Rs.4000 crore biscuit market in India.
12 -14% yearly growth in biscuit segment.
"Spread the Smile"
HappinessContentment
SatisfactionPleasure
Smile is for customer
Satisfaction,target
segment
Sun shows
reachness ,
necessity,
energy
Products
Segments of Sunfeast
Sunfeast
Biscuits
Sunfeast
Noodles
Sunfeast
Pasta
ITC launched biscuits of international quality under the sunfeast
range on 28th July 2003.
Sunfeast Yippee : September 14, 2010
Sunfeast Pasta Treat : 2005
The pasta segment was further expanded with the launch of
'Sunfeast Benne Vita' in 4 innovative variants in 2006.
Health Bites Light ‘n’ Fun Cream Delight Cookies
Marie Light Snacky Dark Fantasy HiFi Cookies
Glucose Sweet ‘n’ Salt Dream Cream Delishus
Milky Magic Nice Bounce Mom’s Magic
Farmlite Yumfile
Bourbon Bliss
Products
Tricolor Pasta
Sunfeast Yippee!
expanded its product
portfolio with launch of
Instant Pasta
Segmentation, Targeting & Positioning
STP of Biscuits
SEGMENTATION:-
catered to mass
market and
middle class
segment
TARGET MARKET:-
mothers/housewives ,
children, teenagers.
POSITIONING :-
Sunfeast cannotes-
happiness-
contentment-
satisfaction
Segment
Segmented for
youngsters
mainly.
Target
• Mainly targeted towards
working individuals.
• Mothers as they purchase
and wants healthy food
for their children.
STP of Yippee Yippee’s positioning was done on central
idea of focusing on its benefits over
competitors:
• Availability of variants in noodles
• Available in round shape which
easily fits in round bowl after being
cooked
• Does not form lumps even after 30
minutes
Positioning
MARKETING MIX
Product
• Variety of
products
• Attracts the all
kinds of consumer
• Targets the
consumer right
from upper level
to the lower
income group
• Provides high
quality product
with a nominal
price
Price
• The price of the
sunfeast product
is too affordable
so that each class
of people can
afford it.
• The price of
sunfeast biscuits
starts from Rs.5
to Rs.60 for per
pack based on the
flavor and the
ingridients
offered
PLACE
• Sunfeast has a
friendly
relationship with
their distributors,
wholesalers,
salemen etc..
• Today sunfeast
product has
reached all the
corner of India.
• Sunfeast has
replaced in the
place of many of
its competitors.
PROMOTION
• They adopt a unique
kind of promotional
activites in order to
attract the mass world.
• They have actor Sharuk
khan as their brand
ambassador for the
sunfeast biscuits
M
A
R
K
E
T
I
N
G
M
I
X
O
F
B
I
S
C
U
I
T
S
Product
• Packaging:
Flashy colors on
packet –
combination of
orange, red,
yellow, and
brown
• Variants: Magic
masala, Classic
masala, and
Chinese masala
• Product is also
available in round
blocks which was
new in this
segment
• SKUs: 80 grams.,
320 grams.
packets
Price
•Prices are kept
so as to match
competitors
price
•85 grams pack
– Rs. 10;
•320 grams pack
– Rs. 40
•In the initial
phase Sunfeast
also launched
trial packs for
Rs. 5
PLACE
•Distributed by
wholesalers to
retailers, and
malls
•Widely present
in Urban
market
•ITC has
extensively used
its distribution
channel in order
to mark
Yippee’s
presence in rural
areas too
PROMOTION
•Showcases benefits
over its competitor
product maggi
•Stress over health and
wellness
•Channels: TV, print
media, competition at
B-schools, & social
media
•Gave heavy discounts
in the initial stage
(upto 78% off)
M
A
R
K
E
T
I
N
G
M
I
X
O
F
Y
I
P
P
E
E
Promotion
Key traits
• Brand building:
– Advertisements targeting-
• Mothers (Awareness Ads)
• Children (Cartoon Channels)
• Teenagers ( Sunfeast Open)
• Local population of India (Shah Rukh
Khan & Surya)
• Strong Distribution Network:
– Leveraged the existing tobacco
distribution channels
• Two Pronged Pricing Strategy:
• Volumes
• Profit Margin
Product development:
• Innovative And Distinctive Products
• Stuck to favorites like Glucose Marie
and Bourbon cream
• Also launched orange-flavored Marie,
Marie light and butterscotch-flavored
cream biscuits
ITC Sunfeast: Success or Failure
Sunfeast is a Success story
 Captured Market Share of around 7% (value)
 Time Span of just three years
 Saturated biscuits market
Researched
entry:
• Carried a market research
before entering
• Found lacunas that can
filled
• Consumers vying for new
taste
Thank You

Sunfeast

  • 1.
    A Presentation on By, GheethuMaria Joy MBA (FT) SMS, CUSAT
  • 2.
  • 3.
  • 4.
    ITC Limited orITC is an Indian conglomerate Headquartered in Kolkata, West Bengal. Y C Deveshwar
  • 5.
    Established in 1910as the Imperial Tobacco Company of India limited, The company was renamed as the Indian Tobacco Company limited in 1970 and Further to I.T.C. Limited in 1974 The periods in the name were removed in september 2001 for the company to be renamed as ITC ltd.
  • 6.
    Its diversified business FMCG Information Technology Agri- Business Paperboards & Packaging Hotels
  • 7.
    ITC SUNFEAST- ENTRY Carrieda market research before entering which showed:- Existed a Rs.4000 crore biscuit market in India. 12 -14% yearly growth in biscuit segment.
  • 8.
    "Spread the Smile" HappinessContentment SatisfactionPleasure Smileis for customer Satisfaction,target segment Sun shows reachness , necessity, energy
  • 9.
  • 10.
  • 11.
    ITC launched biscuitsof international quality under the sunfeast range on 28th July 2003. Sunfeast Yippee : September 14, 2010 Sunfeast Pasta Treat : 2005 The pasta segment was further expanded with the launch of 'Sunfeast Benne Vita' in 4 innovative variants in 2006.
  • 12.
    Health Bites Light‘n’ Fun Cream Delight Cookies Marie Light Snacky Dark Fantasy HiFi Cookies Glucose Sweet ‘n’ Salt Dream Cream Delishus Milky Magic Nice Bounce Mom’s Magic Farmlite Yumfile Bourbon Bliss Products
  • 15.
    Tricolor Pasta Sunfeast Yippee! expandedits product portfolio with launch of Instant Pasta
  • 16.
  • 17.
    STP of Biscuits SEGMENTATION:- cateredto mass market and middle class segment TARGET MARKET:- mothers/housewives , children, teenagers. POSITIONING :- Sunfeast cannotes- happiness- contentment- satisfaction
  • 18.
    Segment Segmented for youngsters mainly. Target • Mainlytargeted towards working individuals. • Mothers as they purchase and wants healthy food for their children. STP of Yippee Yippee’s positioning was done on central idea of focusing on its benefits over competitors: • Availability of variants in noodles • Available in round shape which easily fits in round bowl after being cooked • Does not form lumps even after 30 minutes Positioning
  • 19.
  • 20.
    Product • Variety of products •Attracts the all kinds of consumer • Targets the consumer right from upper level to the lower income group • Provides high quality product with a nominal price Price • The price of the sunfeast product is too affordable so that each class of people can afford it. • The price of sunfeast biscuits starts from Rs.5 to Rs.60 for per pack based on the flavor and the ingridients offered PLACE • Sunfeast has a friendly relationship with their distributors, wholesalers, salemen etc.. • Today sunfeast product has reached all the corner of India. • Sunfeast has replaced in the place of many of its competitors. PROMOTION • They adopt a unique kind of promotional activites in order to attract the mass world. • They have actor Sharuk khan as their brand ambassador for the sunfeast biscuits M A R K E T I N G M I X O F B I S C U I T S
  • 21.
    Product • Packaging: Flashy colorson packet – combination of orange, red, yellow, and brown • Variants: Magic masala, Classic masala, and Chinese masala • Product is also available in round blocks which was new in this segment • SKUs: 80 grams., 320 grams. packets Price •Prices are kept so as to match competitors price •85 grams pack – Rs. 10; •320 grams pack – Rs. 40 •In the initial phase Sunfeast also launched trial packs for Rs. 5 PLACE •Distributed by wholesalers to retailers, and malls •Widely present in Urban market •ITC has extensively used its distribution channel in order to mark Yippee’s presence in rural areas too PROMOTION •Showcases benefits over its competitor product maggi •Stress over health and wellness •Channels: TV, print media, competition at B-schools, & social media •Gave heavy discounts in the initial stage (upto 78% off) M A R K E T I N G M I X O F Y I P P E E
  • 22.
  • 23.
    Key traits • Brandbuilding: – Advertisements targeting- • Mothers (Awareness Ads) • Children (Cartoon Channels) • Teenagers ( Sunfeast Open) • Local population of India (Shah Rukh Khan & Surya) • Strong Distribution Network: – Leveraged the existing tobacco distribution channels • Two Pronged Pricing Strategy: • Volumes • Profit Margin
  • 24.
    Product development: • InnovativeAnd Distinctive Products • Stuck to favorites like Glucose Marie and Bourbon cream • Also launched orange-flavored Marie, Marie light and butterscotch-flavored cream biscuits ITC Sunfeast: Success or Failure Sunfeast is a Success story  Captured Market Share of around 7% (value)  Time Span of just three years  Saturated biscuits market Researched entry: • Carried a market research before entering • Found lacunas that can filled • Consumers vying for new taste
  • 25.