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New Product Development
Kool – Cane …..The taste of India
Natural Sugarcane juice
Product Attributes:
Rich in organic salt Hygienically extracted No artificial sweetener Rich in carbohydrates,
vitamins, and roughage Low calorie juice with
medicinal properties Low glyce6mic index Contains 15% natural sugar
Benefits of the Product:
Natural thirst quencher Instant rejuvenation Innocuous to health: Cures jaundice Cures eye disorder Prevents cold and flu Prevents cancer
Wash sugarcane
Scrap outer skin with knife manually
Crashing of the Canes
Flocculation
Water
Flocculating Products
Filtration
Filtration
Stabilization of pt
Evaporation
Sterilizations
Added potassium Metabisulphite (K2S2O5) at 60° C
Pre sterilized bottling
Cork at 80°C
Added Sodium Benzoic as preservative
Storage at room temperature
Competitor
The competitor are the producer ofAerated drinks Branded and unbranded fruit juices Fruit based milk drinksNatural mineral waterFruit shakesBranded and unbranded coconut water
segmentation
Geographic Segmentation Rural areas
urban areas
Density populated regional
Regional with prominently hot and arid climates
Demographic Segmentation Individuals with age 3 years and above
Individuals across all income groups
Working & Non-working individuals
Stude4nt
Institutions & Office
Restaurant &Hotel
Retail Shop
Psychographic Segmentation Health conscious consumers
Consumers having inclination fevers nature and natural products
quality conscious consumers
Consumers having diverse tasks and seek variety
PriceEach unit (250 ml pack) would cost the customer between Rs 8 to Rs 10 depending on the flavor chosen and the local taxes of the correspondence states.
price will be clearly presented on the package.
Place
Use of attractive POS displays at all the retail outlets.
Ensure availability to keep up with the brand promise Of quality secure.
Promotion
Constantly in line with the USP (Unique Selling Promotion) of quality, hygiene and health.
Advertisement in television and radio would also convey the brand promise by highlighting the USP.
Sponsorship of TV and Radio telecast to aid in brand building and allotting top of mind roll.
Use of trade promotion to an extent.
Opportunity Analysis
Healthy Organic and natural drinks oriented global and local culture
Limited option in locally produced in real fruit juices
High export potential
With good harvest planning, which is around 50% of the total production, could be turned into potential business opportunity
Reduction in excise and import duties on food processing machinery
Threats Unavailability of adequate industries strategic statistics Single products company High processing & packaging costs Background integration costs is high Threats from other fruit juice exporting countries Price sensitivity and low consciousness to wards quality amongst customer Wide availability of substandard substitutes Heavy advertisement from existing giant players High cost to meet international quality standard
Fruit juice – Production Process Flow
Boiling of fruit pulp Pulp storage in tank Sugar hopper Pulp & ingredient emerging Syrup storage in tank Juice preparation Juice storage in tank Filtering and Packaging Cooling and Storage
The End