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Cropia Product Launch by Slidesgo
Cropia Product Launch by Slidesgo
SOYUMM
Marketing Management- I
Course Facilitator:
Presented By: The KingPins Prof. Nilamadhab Mohanty
● Aman Kumar
● Gautam Kumar
● Md Saquib Umar
● Saket
MISSION
STATEMENT
● To provide better milk and milk product alternatives to maximum individuals
at an affordable price every day.
● To promote a sense of caring for the people who are deprived of milk
benefits because of lactose-intolerance.
VISION STATEMENT
● To become a market leader by 2026 in the soymilk market.
Product Family
Soya Bean
Product Class
Soy Milk
Product Line
Soyumm
Product Type
Plant based Milk
Item
Eco-Friendly Packaging of 200 ml,
500 ml, and 1 ltr
MARKET COMPETITORS
Company Product Flavours
Brand Name Product
Name Price Available
Natural
Sugar free
Rs.35 (200ml) Vanila
Godrej Hershey
Company SOFIT Soy Milk
Rs.145 (1ltr)
Kesar Pista
Chocolate
Unsweetened
Original
SOYFRESH Rs.35 (250ml) Cappuccino
Johar Groups Soy Milk
SOY MILK Rs.145 (1ltr) Chocolate
Malt
SEGMENTATION
The market consists of many types of customers, products & needs. We made the market
segments on the following basis –
1. Geographically - Our product will be initially available in Tier-1 and Tier-2 cities in
all over India.
2. Demographic – Age 15-50 years, middle and upper class
3. Psychographic – Health conscious people, quality product seekers
4. Behavioral – Working class people, regular , on-the-go.
5. Benefits Sought- Drink for lactose intolerants, natural nutrition, health, hygienic,
more protein, more calcium, less sugar, and flavors.
Targeting
● This brand is for those who love to be fit and healthy.
● The brand is aiming the 15-50 yrs and follows a modern lifestyle
Positioning
For the people who are looking for a healthier milk alternative on the go, soYumm
provides a wide range of healthy and on the go soy milk products that are less in
calories and high in vitamins that helps you to achieve your healthy lifestyle goals
because soYumm is intensively focused on the needs of the customers and willing to
COMPANY ANALYSIS
Company
•Product: - Soyumm
Collaborators
•Partners and investors - “” is going to invest for this project.
•Supplier and distributors - Local farmers, natural flavours manufacturers, local departmental stores,
supermarkets
Customers
Target audience: - Company is targeting those customers who are health conscious and age between 15 to 50
years.
•Competitors
Major of our competitors are those companies who are producing such kinds of the product for
a long time such as Godrej Hershey Company (Sofit Soya Milk), Johars group (Soyfresh Soya
Milk) etc. and these are very much known and popular among the customers.
•Climate
There is always favorable political condition for the business-like milk production in India
because of farmers issues with government. As our first motive is to capture local market of
Tier-1 and Tier-2 cities and then move slowly to those states which touch the boundary of
Madhya Pradesh. Government of India is also giving more emphasis on strat-ups and also
Product variants:
1. Chocolate
2. Vanilla
3. Strawberry
4. Kesar Pista
Pricing
● As we analysed the competitors product prices, we found that there is a little price
variation in the product segment, particularly among the leading brands. For this
reason, we will also follow a competition-based pricing strategy. Given that we
“soYumm” claims to keep its prices low in comparison to its competitors.
● We will also provide more margin on products to the retailers and wholesalers than
the existing competitors does.
Place
● As we will initially be operating mainly in the urban areas as Tier-I and Tier-II
cities, we will mostly be placing our products through the organized and
unorganized retail stores.
Promotion
● Push Strategy- Initially we will be using push strategy as wholesalers and retailers
play a key role in pushing our products to the consumers as we will offer a greater
margin than the competitors offer.
As we have started soya milk business, there are some equipments must be
the Full Automatic soya milk Production Line with the latest available system,