The proposal focuses on analyzing and improving the marketing strategy of Nescafe instant coffee. Nescafe currently has a 51% market share in India's divided coffee/tea market and targets middle to upper class consumers. The project will examine Nescafe's past and present marketing approaches, competitors, alliances and perform a SWOT analysis. It aims to develop a new 3-year strategy to maintain loyal customers and attract new ones by collecting primary customer and employee feedback and secondary data from websites and research.
Changeship - Workbook: Building and scaling next generation businesses in the digital polypol: Purpose driven - Customer dedicated - Sustainability enabled
The proposal focuses on analyzing and improving the marketing strategy of Nescafe instant coffee. Nescafe currently has a 51% market share in India's divided coffee/tea market and targets middle to upper class consumers. The project will examine Nescafe's past and present marketing approaches, competitors, alliances and perform a SWOT analysis. It aims to develop a new 3-year strategy to maintain loyal customers and attract new ones by collecting primary customer and employee feedback and secondary data from websites and research.
The proposal focuses on analyzing and improving the marketing strategy of Nescafe instant coffee. Nescafe currently has a 51% market share in India's divided coffee/tea market and targets middle to upper class consumers. The project will examine Nescafe's past and present marketing approaches, competitors, alliances and perform a SWOT analysis. It aims to develop a new 3-year strategy to maintain loyal customers and attract new ones by collecting primary customer and employee feedback and secondary data from websites and research.
The proposal focuses on analyzing and improving the marketing strategy of Nescafe instant coffee. Nescafe currently has a 51% market share in India's divided coffee/tea market and targets middle to upper class consumers. The project will examine Nescafe's past and present marketing approaches, competitors, alliances and perform a SWOT analysis. It aims to develop a new 3-year strategy to maintain loyal customers and attract new ones by collecting primary customer and employee feedback and secondary data from websites and research.
FOOD PROCESSING INDUSTRY is one of the largest and important industry in the whole economy. It is the conversion of the agricultural food into food or further processing the food to come to a new form of products. Food processing plays an important role in reducing food wastage and improving food preservation.
About the company?
NESTLE is a large company with differentiated customers of different age group and different product needs. In today’s world the main focus point of the company is to interact with their customers. Other brands are interacting with customers by their social media platforms but when this comes to the Nestle, they have been a step forward by its competitors as the company introduced various campaigns on their website through which the customers were dragged to their website and as a result Nestle got attention and traffic to their website.
About the Product?
Nescafe says that there are somedays where we need a little push and a cup of finely roasted coffee beans is all you want. Instant coffee is a product line of nestle that covers 51% market share of nestle. Indian market is divided into 2 major parts: coffee or tea. Nescafe is a coffee that is bought/purchased by middle and upper class both. Nescafe has also launched Nescafe gold for its premiere customers which has a slightly strong flavor, apart from this they have also launched flavored coffee too.
About the Project?
The following project will be mainly focusing on the marketing strategy being used today and in previous years, will also be dealing with some of the main competitors and important alliances made in previous or present years. The project will consist of market share, growth and SWOT analysis of Nescafé. And in the last, we will be suggesting a new market strategy for next three years of the nescafe with the main aim of this strategy will be maintaining the trust of loyal customers and attracting new customers towards the brand.
Objective of the project
● To study current marketing strategy of nescafe. ● To make changes in market strategy to attract more customers towards the brand.
Scope of the project
● . ● . Methodology of the project ● Collecting primary data via questionnaire directed to customers and employees. ● Collecting secondary data via official website and research project.
Changeship - Workbook: Building and scaling next generation businesses in the digital polypol: Purpose driven - Customer dedicated - Sustainability enabled