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iChew

      Team: TVS
Great Lakes Institute of
Management,Chennai
Product & Concept - iChew
   Safe and smart contraceptive chewing gum that
      offers you an effective way to prevent an
                unplanned pregnancy




          Low dosage with lesser side effects




     Emergency contraceptive chewing gum unlike
    the 21 day pill, can be taken 24 hrs before to 48
                  hrs after intercourse
Product & Concept - iChew
                             Why?




iChew will shatter the negative connotations attached with pills
available in market
Product & Concept - iChew
                           How?
It works in any of the three different ways depending on where
              you may be in your menstrual cycle.

It may stop an egg If an egg has been     If the egg is
being released     released, iChew        already fertilized,
from the ovary.    may prevent the        it may prevent it
                   sperm from             from attaching
                   fertilizing it.        itself to the lining
                                          of the uterus.
Technological aspects and feasibility
• Low dosage Emergency Oral Contraceptive
  (ECP)
• Contains Estrogen and Progestin
• Research has considerably brought down
  levels of Progestin in ECP
The Journey Through Round II

   Introduction




                  Acceptability




                                  Conclusions
…opinions, discussions
 and participation from
people across 19 nations
What are the shortcomings of the currently
                     available contraceptive pills?

                                                               Other         3%




                                                              Costly                    15%




    The popping pills gives the feeling as if one is under medication                                      42%




                                                      Not 100% safe                                          45%




Needs to follow a regular time table without missing out on any day                                                          64%




                                               Multiple Side Effects                                                               70%



                                                                        0%        10%    20%   30%   40%         50%   60%    70%        80%
Are you aware of the side effects of
                                   contraceptive pills ?

                                              Other         6%




Something that could motivate people to use them                                     48%




The need to follow a regular time table is not there                                       55%




     Something which takes away its medicinal tag                              39%




                                 Lesser Side effects                                                    73%



                                                       0%   10%   20%   30%   40%    50%    60%   70%         80%
Are you willing to use a contraceptive pill
 which is in the form of a chewing gum?

           9%



                                          Yes
                                          No

                      91%
Does it excites you if the contraceptive chewing
gum is available you in form of various flavors?


             12%



                                              Yes
                                              No
                         88%
Segmentation
Targeting
Positioning
Pricing & Budget Estimation
Particulars              Budget      Per Unit Cost (Breakeven
                                     at 2,40,000)
Research & Development   25,00,000   10.41
Marketing Cost           50,00,000   20.83
Administration Cost      15,00,000   6.25
Website Maintenance      2,00,000    0.83
Total Misc Cost          92,00,000   38.33
Pricing & Budget Estimation
Particulars                      Detail                    Per Unit Cost
Chemical Cost                                              3
Making Cost                                                1.5
Packaging Cost                                             1.5
Total manufacturing Cost                                   6
Total Misc Cost (R&D,            *break-up was explained 38.33
Marketing, Administration etc)   on previous slide
Excise                           8% of 60% of Retailer     2.62
                                 Price
CNF Cost                         5% of Distributor Price   2.36
Distributor Margin               10% of Retailer Price     5.17
Retailer Margin                  20% Profit Margin         10.85
Exclusive VAT                    5% of MRP                 3.45
MRP (inclusive of VAT)                                     69
0-level Distribution Channel




Online Retail
2-level Distribution Channel
Visual Merchandising
Visual Merchandising
Dispensers
Other Distribution Channels
• Women Merchandise shops

• Accessory shops

• Spas and Saloons

• Partnering with Women Health Care and Life Style
  centers like VLCC.

• Co - retailing and Bundling in future e.g. with Sanitary
  Pads Napkins.
First Roll Out
Second Roll Out
Brand Ambassador
Questions???

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iChew-Product Innovation and Marketing

  • 1. iChew Team: TVS Great Lakes Institute of Management,Chennai
  • 2. Product & Concept - iChew Safe and smart contraceptive chewing gum that offers you an effective way to prevent an unplanned pregnancy Low dosage with lesser side effects Emergency contraceptive chewing gum unlike the 21 day pill, can be taken 24 hrs before to 48 hrs after intercourse
  • 3. Product & Concept - iChew Why? iChew will shatter the negative connotations attached with pills available in market
  • 4. Product & Concept - iChew How? It works in any of the three different ways depending on where you may be in your menstrual cycle. It may stop an egg If an egg has been If the egg is being released released, iChew already fertilized, from the ovary. may prevent the it may prevent it sperm from from attaching fertilizing it. itself to the lining of the uterus.
  • 5. Technological aspects and feasibility • Low dosage Emergency Oral Contraceptive (ECP) • Contains Estrogen and Progestin • Research has considerably brought down levels of Progestin in ECP
  • 6. The Journey Through Round II Introduction Acceptability Conclusions
  • 7. …opinions, discussions and participation from people across 19 nations
  • 8.
  • 9. What are the shortcomings of the currently available contraceptive pills? Other 3% Costly 15% The popping pills gives the feeling as if one is under medication 42% Not 100% safe 45% Needs to follow a regular time table without missing out on any day 64% Multiple Side Effects 70% 0% 10% 20% 30% 40% 50% 60% 70% 80%
  • 10. Are you aware of the side effects of contraceptive pills ? Other 6% Something that could motivate people to use them 48% The need to follow a regular time table is not there 55% Something which takes away its medicinal tag 39% Lesser Side effects 73% 0% 10% 20% 30% 40% 50% 60% 70% 80%
  • 11. Are you willing to use a contraceptive pill which is in the form of a chewing gum? 9% Yes No 91%
  • 12. Does it excites you if the contraceptive chewing gum is available you in form of various flavors? 12% Yes No 88%
  • 16. Pricing & Budget Estimation Particulars Budget Per Unit Cost (Breakeven at 2,40,000) Research & Development 25,00,000 10.41 Marketing Cost 50,00,000 20.83 Administration Cost 15,00,000 6.25 Website Maintenance 2,00,000 0.83 Total Misc Cost 92,00,000 38.33
  • 17. Pricing & Budget Estimation Particulars Detail Per Unit Cost Chemical Cost 3 Making Cost 1.5 Packaging Cost 1.5 Total manufacturing Cost 6 Total Misc Cost (R&D, *break-up was explained 38.33 Marketing, Administration etc) on previous slide Excise 8% of 60% of Retailer 2.62 Price CNF Cost 5% of Distributor Price 2.36 Distributor Margin 10% of Retailer Price 5.17 Retailer Margin 20% Profit Margin 10.85 Exclusive VAT 5% of MRP 3.45 MRP (inclusive of VAT) 69
  • 23. Other Distribution Channels • Women Merchandise shops • Accessory shops • Spas and Saloons • Partnering with Women Health Care and Life Style centers like VLCC. • Co - retailing and Bundling in future e.g. with Sanitary Pads Napkins.