manufacturer as he can modify his product‚ marketing plan‚ and focus based on the responses. However‚ this type of survey is much harder to conduct than a BASES I survey. It is more costly and time consuming. Further compounding the problem in the Nestle case‚ is the fact that only past or loyal Contadina customers where surveyed. This segment of people is more likely to be favorably biased toward the product and will skew the results because they already believe in the brand and its products. Conducting
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Nestle Refrigerated Foods (“Nestle”) must determine whether or not to introduce a refrigerated “Pizza Kit” product. Nestle must address several issues prior to product rollout: • Unproven concept – crust packaged together with separate packets of cheese and sauce ready for home use was a new concept. • Product positioning—the Pizza Kit must be positioned to attract most of its customers from the takeout/delivered (75% of total market) segment. • Brand awareness & extension—the product is in
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Marketing Management | Nestlé refrigerated foods: Contadina pasta & pizza | Case analysis | Ahmed MAJT18/11/2010 | Executive Summary In a growing ethnic food category‚ NRFC is facing the decision of launching or not Contadina fresh pizza. Study has shown that business viability is closely depending on brand penetration rate which is not accurately measured. Moreover‚ NRFC try to get the first mover advantage to face the expected concurrence of Kraft. Product is facing positioning
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Nestle Refrigerated Foods: Contadina Pasta & Pizza Case Brief: After the great success of Nestle Refrigerated Food Company (NRFC) product Contadina pasta and sauces‚ NRFC was thinking to grab the growth opportunity through brand extension of Contadina. As in case Cunliffe stated “Contadina became the market leader in refrigerated pasta and sauces‚ but to continue our rapid growth‚ we need other new product opportunities” NRFC had established certain guideline steps that might help them a
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Top-two box score was 75% (exhibit 4) which led to adjusted trial rate of 34.5% Promotion strategy Spent $13MM in advertising which was estimated to generate 48% awareness Spent $6.2MM in consumer promotion followed by $4.8MM in trade promotion Combined effect of the promotions was anticipated to result in 70% ACV (which represents 70% of sales volume of all food products in that area). Repeat purchase As no product existed‚ BASES used consumer reaction to the concept and its prior experience with
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Nestlé Refrigerated Pizza Case Executive summary: In 1990 Nestlé Refrigerated Food Company‚ NRFC‚ subsidiary of Nestlé S.A‚ had to decide about the launch of a refrigerated pizza‚ under the name of Contadina pizza‚ continuing the build of the refrigerated food category it started few years ago with the launch of the Contadina pasta and sauces‚ and where the satisfying results exceeded expectations‚ NRFC would be then the first mover in this new category product‚ pre
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NESTLE REFRIDGERATED FOODS: CONTADINA PASTA & PIZZA (A) GROUP 2 Marketing Program Design Case Analysis GROUP 2 1302-066 Keshika Lakhani 1302-070 Jubin Goel 1302-073 Keval Shah 1302-086 Mrigakshi Punga 1302-087 Nandita Jaswal 1302-093 Nirav Shah 1302-206 Gagandeep Singh NESTLE REFRIDGERATED FOODS: CONTADINA PASTA & PIZZA (A) - GROUP 2 Contents Executive Summary ................................................................................................................. 2 Q1)
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Q1.1 Although NRFC believe estimation of pizza sales could base on Contadina pasta’s 24% market-penetration rate‚ more conservative calculation should take different ranges of penetration rate into consideration. By choosing three possible penetration rates of 5%. 15% and 25%‚ the estimated results are demonstrated in Exhibit 1. In all three scenarios‚ kit only concept will not make up to company’s expectation. For kit and topping concept‚ only if penetration rate reach to 15%‚ launch decision could
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http://www.studymode.com/subjects/determinants-of-demand-of-fmcg-products-in-india-page1.html http://www.slideshare.net/hemanthcrpatna/a-marketing-project-report-on-nestle-vs-cadbury http://studygalaxy.com/ordinaryview2.php?rep=149 http://www.nestle.in/ Abstract The major aim of this project is to understand the nature of demand and supply of Fast Moving Consumer Goods (FMCG) in India. The point of focus is on Nestle India and its market demand and nature of elasticity is studied in detail.
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Demand Estimation After studying this chapter‚ you should be able to: 1. Discuss how the firm’s managers use the information about demand for its product to determine correctly its profit-maximizing rate of output and price‚ or whether to produce a particular product at all. 2. Discuss demand respond to consumer income increase or decrease as a result of an economic expansion or contraction. 3. Specify the components of a regression model that can be used to estimate a demand equation. 4. Interpret
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