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New Launch in Market (Report)
New Launch in Market (Report)
Ali Rehman
Submitted by:
Semester: 1
Session: 2018-2020
.
It provides energy and keeps fresh when children feel weak or
tired from doing work.
It contains calcium which is a useful energy source and strengthen the bones.
Vitaminsgive freshness and proteins are the energy cells that recharge the human
body, so that they work their maximum.
The Children become tired due to the work burden (home works, exams) and sunlight
which make them feelloose. They need an energy drink that makes them reenergize so
they maybe able to perform better again and feel energize.
Slogan:
Taste & Energy Together
NUTRITION FACTS
Serving Size 8 FL oz (240mL)
Servings Per Container 1
Amount Per Serving
Calories 170 Calories from Fat 45
% Daily Value*
Total Fat 5g8%
Saturated Fat 2.5g13%
Trans Fat 0g
Cholesterol 15mg5%
Sodium 140mg9%
Potassium 300mg9%
Total Carbohydrate 19g6%
Dietary Fiber 5g20%
Sugars 12g
Protein 15g30%
Vitamin A 40% Vitamin C 70%
Calcium 40% Iron 0%
Vitamin D 50% Vitamin E 50%
Vitamin K 35% Riboflavin 20%
Vitamin B12 45% Phosphorus 30%
*
Percent Daily Values are based on a 2,000-calorie diet.
Ingredients: Filtered Reduced Fat Grade, vanilla extract, Pectin, Gellan Gum, Sodium
Polyphosphate, Lactase Enzyme, Vitamin A Palmitate, Vitamin K (Menaquinone), Vitamin C
(Ascorbic Acid), Vitamin E (Tocopherols), Vitamin D3.
Contains Milk.
MISSION STATEMENT
"The mission of our Company is to satisfy consumer's needs
for superior quality and great tasting, healthy, natural and
functional beverages.
VISION STATEMENT
Our vision is to be the world's leading nutrition, health and
wellness company. Our mission of "Good Food, Good Life" is
to provide consumers with the best tasting, most nutritious
choices in a wide range of beveragecategories
Need of making flavored milk:
Children need more nutrition for their growth .Flavored milk are tastier than regular milk. kids
get bored of drinking same kind of milk they find flavored milk tastier specially because of
addition of different flavors in the milk as many people use chocolate powder products for their
children it is easier to buy the readymade milk and drink it. And Mother prefer to give healthier
food to their Children. Milka power is not only a healthy drink as well as it is energy milk.
There is need of flavored milk in the market as we went on a survey at euro store we made a
questionnaire and ask mothers to fill that.
Flavored milk- nutrient-rich beverage is just as nutritious as unflavored (white) milk is well
accepted, nutrition alternative to the wide array of beverages available to children and
adolescents.
Butterscotch Flavored Milk:is brought to you with all the goodness of pure and fresh
milk. The Milka power flavored milk is low fat and cool, and has been formulated keeping in
mind the hot summers and people’s love for these flavors. The product aims to encourage kids to
drink more milk, as kids who avoid milk might miss many essential nutrients.
Strawberry Flavored Milk: Milka power strawberry flavored milk to kill the summers.
Our strawberry flavored milk is light and cool, with all the goodness of milk to endow you with
essential nutrients. Also, to satisfy your thirst for a fruity milk drink.
Vanilla Flavoured Milk: We have added vanilla extract to our milk to give you the
heavenly and earthy goodness of vanilla, and indulge you in its delicious smoothness. Enjoy
Milka power vanilla flavored milk at lunch, dinner, and breakfast, or in a hot summer day.
Mango Flavour Milk: The all new mango flavor milk with all the goodness of pure and
fresh milk combined with the refreshing mango flavor. The flavored milk in the can is light and
cool. Quench your thirst for mango with Milka power flavored milk, which is undoubtedly the
best in the market.
Nutella Flavour Milk: Its full of vitamins and minerals necessary for our body. So Milka
powernutella is great to give to picky kids.It is a refreshing milk with delicious taste of hazelnuts
etc. It also quench the thirst for a nutty drink
Current Market Situation:
Milka Power is a flavor energy milkproduct that is going to be introduced in the
domestic market initially in Lahore. We are focusing to all levels of
generation. The kids and their mothers who are concerned about their children’s intake.
Objectives:
Following are some of the objectives of the company;
To increase the 25% market share
To increase the length of product line i.e. its five now, we should
increase it to 6 or 7 soon.
To increase profits
To face strong competitors i.e. like Milo
SWOT Analysis:
Strength
Weakness
Opportunity
Threat
Strengths:
Updated technology plant
Quality product
Specialists available for specialized jobs and tasks
Hire experienced staff
Medical insurance of employees
Pakistani made
Targeted to low and middle class people
Reasonable price
Expiry date above 6 months
Weaknesses:
New in milk industry
Small distribution network
Strong competitor
No market shares
Limited experience of customers
Opportunities:
Increase the distribution network
Acquiring the newer technology and techniques
Market is very big and attractive
Takeover of the distribution
Threats:
Political instability
New entrance from the competitors
So many competitors
Retaining consumers
Economic instability
Increase of general sales tax Our Competitors:
Our competitors:
The Milka power is currently facing a competitive environment. Because the
competitors of Refresh are:
Milo
Product review:
TheMilka poweris available in 250ml size and available in different flavors
like:
Mango
Chocolate
strawberry
Vanilla
Nutella
Competitive Review:
Milka Power Competitor:
The competitors of Milka poweris more than 3.Milo is biggest Competitor
because this is energy milk from far away and known brand for era.
Other companyhave loyal customers over the years because they are very oldand
customers are aware of their merits and demerits. The company’s first purposeis
to compete with the competitors having large market share.
Protein 15g30%
Vitamin A 40% Vitamin C 70%
Calcium 55% Iron 30%
Vitamin D 50% Vitamin E 60%
Vitamin K 35% Riboflavin 25%
Vitamin B12 50% Phosphorus 30%
This make our product more Energizing and give power whether Milo contains:
https://www.milo.com.au/milo-products/milo-powders-liquids/milo
By Pricing:
We decided to target the middle class , who want good health or fulfill their children wish to
buy our Product therefore, Milka Power is economical powered milk just in 25PKR. While
other company offers their milk in 30PKR and Milo is offering 180ml in 40PKR
Reference:
https://24seven.pk/nestle-milo-200ml/
Competitive Advantage:
We have competitive advantage is we are offering many flavors, with energy in the same time
Milo is offering only chocolate flavor and Day fresh , Good milk are offering only flavored milk
not energy milk.
Marketing strategy:
The marketing strategy is based on positioning of the product in the mind of
consumers.
Providing high quality Flavored milk to the customers
We will distribute our product on mass level to that we can
maximize the profitability
Positioning strategies:
Demographic segmentation:
Demographic segmentation is done on the basis of;
Age (3-14), (25-40)
Income occupation
Lifestyles
Social classes
Market Targeting:
Steps involve in it are;
1) Evaluate market segments: The segments have been selected need to be evaluated
properly. For these three points are considered that are:
Segment size and growth: it needs to consider the geographic and demographic
segments company has selected for introducing Milka Power flavored energy milk, the size of
the segment where the flavored energy milk is going to be launched and its growth.
Segment structural attractiveness: it involves power of the buyers of the
flavored milk, suppliers of the flavored energy milk and its availability in the segment
Company’s objectives and resources: targeting should be done in a way so
that the company can achieve its targets with the resources it has.
2) Selecting segments: the segments selected by the company for Milka Power are
Undifferentiated
Niche (concentrated)
Targeting:
Company will target following customers:
Kids
Mature (mothers)
Marketing mix:
Product
Price
Promotion
Place
Product strategy:
In order to accomplish this objective, the company has established sales, marketing and
support terms
Product variety:
Our product would be available in following flavors:
Mango
Strawberry
Chocolate
Vanilla
Brand name:
The name which we have chosen for our product is “Milka Power”
Quality:
High quality assurance would be our first priority. This would be ensured by
Implementing high quality standards
Total quality management
Acquisition of the high quality raw material
Design:
“Milka power” is a sweet, energizing flavored milk with an eye catching Tetra pack.
Features:
Here are some features of our product:
Pure milk
Provides vitamins and Calcium
Provides proteins
Excellent in taste
Give Energy
Tetra pack protection packing
Packaging:
Product units are packed in 6-layerad Tetra Pack Brick Aseptic
Pricing strategies:
Our pricing strategies for the product are for total cost which includes customs services and
other expenses. Pricing strategies usually changes as the product passes through its life cycle.
The price should be set at moderate level in order to attract a large number of buyers and to gain
large market share.
Communication strategies:
Promotion:
Actually, the promotion is a first step when we are launching a new product but we make its
strategies in last. We want to make a good product image in mind of customers, so that they will
buy only our product.
Criteria promotion:
a) Awareness
b) Knowledge
c) Liking
d) Preference
e) Purchasing
Electronic media:
Channel Time duration total
s
Geo tv Earl day 1 min 180 000
Aag tv Prep rime , 1 min 174000
post prime
Hum tv Early time , 1 min 125000
prime time
Aaj tv Early time 1 min 100000
Print media:
Bill Boards:
Location Size Duration Total cost
Model town 20*60 1 month 200000
(near round
About)
Jail road 20*60 1 month 150000
Town hall 20*60 1 month 125000
Club road 20*60 1 month 70000
Hoarding:
Location Size Duration Total cost
Lower mall 30*60 1 month 120000
Babusabu 30*60 1 month 100000
Shahdra 30*60 1 month 100000
Benefits:
Following are the additional benefits which are offered to the customers to give them value:
I. Give 5 rappers and get one free flavored energy pack
II. Purchases ten pack and get one pack free
III. If you purchases a small crate of Milka Powerthen you will able to participate in
lucky draw and you can win prizes.
Places:
Distributors Review:
To assure the availability of its product. “Milka power” milk has established effective network
of registered dealers. The main target of these flavored milk initially in Lahore.
The end consumers would then purchase “Milka Power” milk from retailer. The distributor are
the most reliable distributors in the region. They enjoy a flawless reputation combined with
business relations with numerous retailers even in the rural area of the Lahore and near sides.
This has ensured that “Milka power” will be made available all over Milka power.
Distributors
Manufacturer
wholesaler
consumer
retailer
Controls:
This is the main and last element of the marketing planning by using this we can check our
product standard by comparing it with our standards if there is any problem arrive in marketing
plan then it must be corrected
Three main function are performed under this element of planning that is:
1. Measuring
2. Comparing
3. Correcting
Measuring:
We can check our marketing condition through measuring in which different types of tasks
may be performed like:
Survey
Survey for the future: In order to learn weather people would like to buy or use our
product, we have decided to conduct a market survey in future so that we can assure
that people likes our product or not.
Comparing: In controlling process we compare our product with our standards
Correcting:
If any problem occurs then correcting process will take place in which we found that
from where the problem will arises.
A Marketing Organization:
Milka powerchief marketing officersholds overall responsibility for all of the company’s
marketing activities.There are other subordinates with him to help the sales campaigns, trade
and consumer sales promotion, and public relation efforts.
Action programs:
The Milkapower will be introduced in May. Following are summaries of the action program we
will use during this summer session to achieve our stated objectives.
Step 1:
We will initiate 80,00,000 rupees with the sponsorship with tetra pack
FJ Beverages, trades sales promotion campaign to educate dealers and generate excitement for
the product lunch and provide sample crate to our selected product reviews, opinion leaders and
celebrities as part of our public relation strategy
Step 2:
We will start integrating print/display/television campaign. The campaign will show how
many features the milka power have for user to reenergize them.
Step 3:
As the milka power advertisement continues, we will add consumer sale promotion by
including them to our messages. We will also support or retailer to increase our sales.
Step 4:
We plan to roll out a new advertisement having new views of customers through survey
who have used our drink which will help to promote ourusedpromote our milk
Reference:
1. Conners, P., C. Bednar, and S. Klammer.
J. Nutr. Educ. 33: 31, 2001.
2. Thompson, J.L., P.D. Gerard, and M.A. Drake.
J. Food Sci. 72: 666s, 2007.
3. U.S. Department of Agriculture, Agricultural
Research Service. National Nutrient Database
for Standard Reference, Release 21. 2008.
Nutrient Data Laboratory Home Page.
www.ars.usda.gov/ba/bhnrc/ndl.
4. U.S. Department of Health and Human Services
and U.S. Department of Agriculture. Dietary
Guidelines for Americans, 2005. Washington, D.C.:
US Government Printing Office, 2005.
www.healthierus.gov/dietaryguidelines.
5. Institute of Medicine. Dietary Reference Intakes for
Calcium, Phosphorus, Magnesium, Vitamin D, and
Fluoride. Washington, D.C.: National Academy
Press, 1997.
6. Johnson, R.K., C. Frary, and M.Q. Wang.
J. Am. Diet. Assoc. 102: 853, 2002.
7. Frary, C.D., R.K. Johnson, and M.Q. Wang.
J. Adol. Health 34: 56, 2004.
8. Murphy, M.M., J.S. Douglass, R.K. Johnson, et al.
J. Am. Diet. Assoc. 108: 631, 2008.
9. National Dairy Council. Unpublished data based on
the National Health and Nutrition Survey
(NHANES), 1999-2002.
Customer feedback survey :
FJ Beverages
We hope you enjoyed the taste of flavored energy milk! To help us better serve you, please
complete this survey and return it to us at your convenience. Thank you!
important Somewhat Not
important important
Availability
Discount offered
Packaging
Price
Milk range
How many times you take Milka Power daily?
a) 1
b) 2
c) More than 2
d) None
Which flavored energy milk you prefer to have?
a) Loose
b) Packed At which brand you rely?
a) Day fresh
b) goodmilk
c) You like milk?
a) With sugar
b) Without sugar
What matters you most?
a) Taste
b) Quality
c) Price
How many points will you give to these products out of 10 points
a) Day fresh /10
b) good milk /10
c) milo /10
Up to how much price can you pay for a 250ml milk
a) Rs. 25
b) Rs.30
c) Rs. 35
Which flavor you like the most?
Ans:
Would you recommend our Flavored energy milk to your related people?
Ans: