5
ITC’s Sunfeast

ITC's Sunfeast

Embed Size (px)

DESCRIPTION

 

Citation preview

  • 1. ITCs Sunfeast

2. ITC Sunfeast: Success or Failure

  • Sunfeast is a Success story
    • Captured Market Share of around 7% (value)
    • Time Span of justthree years
    • Saturatedbiscuits market

3. Key traits that made the brand launch, a success or a failure

  • Researched entry:
    • Carried a market research before entering
    • Found lacunas that can filled
    • Consumers vying for new taste
  • Product development:
    • Provider of innovative and distinctive products
    • Stuck to favorites like Glucose Marie and Bourbon cream
    • Also launched orange-flavored Marie, Marie light and butterscotch-flavored cream biscuits

4. Key traits (contd..)

  • Brand building:
    • Advertisements targeting-
      • Mothers (Awareness Ads)
      • Children(Cartoon Channels)
      • Teenagers ( Sunfeast Open)
      • Local population of India (Shah Rukh Khan & Surya)
  • Strong Distribution Network:
    • Leveraged the existing tobacco distribution channels
  • Two Pronged Pricing Strategy:
      • Volumes
      • Profit Margin

5. THANK YOU