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Group 9 Montreaux Chocolate USA
Group 9 Montreaux Chocolate USA
CHOCOLATE - USA
{ Are Americans Ready for Healthy Dark Chocolate?
Group 9
Aditya Goswami (044009)
Himanshu Satija (044022)
Nidhi Gupta (044029)
Payal Singal (044031)
Nikhil Pathak (044030)
Himanshu Goyal (044021)
INTRODUCTION
APOLLO FOODS
California based, global consumer packaged goods powerhouse, offers an unrivalled portfolio of brands, manufactured
confectionary, biscuits, snacks etc
MONTREAUX
GOALS
National distribution of the new Montreaux product
USD 115 Million in annual sales
Be in the top 25 in terms of revenue
SITUATION ANALYSIS
The US Chocolate market was expected to grow at 2% through 2015.
There was a shift in the consumer market toward healthy products like dark
chocolate
Montreaux partnered with Nielsen BASES, a multifaceted marketing
consultancy, to quantitatively assess and optimize the new dark chocolate
initiative
After conducting their first study of screening out of 45 only 12 possessed
strongest potential and majority of these were dark chocolates with fruit
KEY ISSUES
Alternative II - : Launch the product in select test market under the brand of parent company i.e.
Apollo Foods
Alternative III - Launch the product nationally under the brand of parent company i.e. Apollo
Foods
Alternative IV - Launch the product in select test market under the brand of Montreaux
Alternative VI - Launch the product in select test market under another brand name
Alternative VII - Launch the product nationally under another brand such as Healthy Cravings
DECISION CRITERIA
Feasibility
Customer Centricity
Competitive Risk
Cost
Consumer Reach
ANALYZING ALTERNATIVES
Target Market
Brand Name Positioning
Market Strategy
Positioned as
healthy and tasty The target
Solution 4 i.e. consumer was Marketing
launching in select women aged 45- strategy will be
test market under The concept will 64, educated and survival
the brand of be provided married with
Montreaux is the credibility by household
ideal solution better linking income of more
with European than $50,000
heritage
with taste
IMPLEMENTATION
SWOT ANALYSIS
SWOT ANALYSIS
Strengths Opportunities
• New product innovation • Dark chocolate health benefits
• Acquired exclusive right to manufacture • Acquisition benefits
and market • Apollo seeking greater presence in the
• Excellent and higher quality product lucrative chocolate market