Preview

Marketing Mix Strategies for Maggi

Better Essays
Open Document
Open Document
3135 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Mix Strategies for Maggi
1.0 Introduction In year 1872, the factory job was created for women during the industrial revolution in Switzerland. Therefore, women were busy and have not enough time to prepare meals for their family. Julius Maggi, who took over his father’s mill, was requested to create a vegetable food product that would be quick to prepare and easy to digest. Maggi noodle was the first that contain protein rich legume meal to the market and followed by readymade soup based on legume meal in 1886. Maggi had merged with Nestle family in 1947 and launched in 1980 by Nestle group of companies.
The nature of Maggi is Food Company. The products involve soups, sauces and instant noodles. The mission of Maggi is to become an inspiring growth partner that delivers creative, branded food and beverage solutions enabling operators to innovate, and delight consumers. Vision of Maggi is Nestle Norden’s aim, is to meet the various need of the consumer every day by marketing and selling food of a consistently high quality. Three objectives of Maggi are good to know, which means factual information on nutrition content, good to remember, means that the tips for healthy lifestyle, cooking and diet, and good to talk, means consumer call to their consumer services teams or log on their website. The target customers of Maggi noodles are kids, youth and working women, but the biggest consumer is children.

2.0 The Marketing Mix Strategies
2.1 Product Strategy
2.1.1 Product Classification Maggi noodles is a consumer product that bought by final consumer for personal consumption. Nestle had positioned Maggi as a convenience food product. Consumers bought Maggi noodles frequently with lower price. There are many purchase locations for consumers to buy Maggi. For example is 7-eleven.

2.1.2 Product and Service Decisions
Product Attribute
Maggi noodles recognized the need of consumers with provide quality food and convenient at once. It is a “fast relief from hunger” product. Maggi

You May Also Find These Documents Helpful

  • Best Essays

    Sample MKTG204 PitchProject

    • 4667 Words
    • 16 Pages

    The Australian Wholefoods Company specialises in producing ready-to-eat meals for supermarkets and stores. It is a well recognised home brand that has a variety of ready-to-eat food products ranging from quiches, lasagnas and now to wonton noodles. It is due to the growth in the ready-to-eat meals market that the Australian Wholefoods Company has launched a new ready meal product under the new brand of Lee. Within the brand Lee, The Australian Wholefoods company has created a ready-to-eat Wonton Noodle Soup, which will be sold under the brand name “Canoodles”. The target audience which has been tested for this new product is 18 to 25 year old Sydney residents. Due to their busy lifestyles we believe this product will be successful because it is quick and easy. If the product is successful it will be available nationwide. The company undergoes extensive research and development continually in order to capture and understand the tastes and preferences of its consumers. As a result the Australian Wholefoods Company have become one of the market leaders. From research compiled on Lee’s Canoodles intended target audience, we believe we have an effective marketing communications campaign in place to reach the designated objectives and become a well known home brand for many consumers.…

    • 4667 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Conduct a Mkt Audit

    • 2780 Words
    • 12 Pages

    Ready-made marketing engages a conduct a marketing audit on their client, Sarto’s Gourmet Pasta. The audit is to cover macro and micro environmental…

    • 2780 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Login

    • 583 Words
    • 3 Pages

    Increasingly affluent lifestyles are making people more discerning regarding their dietary requirements and preferences. To meet diversified appetites, Glico implements a multifaceted business strategy with an expanding overseas business network. This includes Thai Glico, Shanghai Ezaki Glico Foods and General Biscuit Glico France. In Japan, various affiliates concentrate in their respective areas. For example, Glico Dairy Products supplies dairy products, drinks and desserts, while Glico Foods produces and markets ham, sausages and precooked meat products along with materials for processed foods. The Glico Group continues to expand the stage for its business activities in order to achieve “A Wholesome Life in the Best of Taste”Glico has its own original ice cream product lines. For instance, its “Giant Cone” features ice cream, chocolate and nuts in a large cone. This product has become a sensational hit for its appealing flavor combination and…

    • 583 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Nestlé was the first mover in the ethnic food category with its Contadina pasta product. It has pre-empted Kraft which was representing the potential competitor in the category. With the objective of maintaining a 2:1 share ratio, Contadina has taken benefit from first mover advantage to maximize its market share and to establish its brand reaching $150 millions in retail sales in 1990. Nestlé purchase of Lambert’s cheese and Pasta Company was the key element to succeed in the competition with Kraft, it takes advantage from the technical and marketing background of the already established company in fresh food. The competition between Kraft and Nestlé continue in the fresh pizza product line, and it adds more pressure for both companies to reduce time to market and to get the first mover advantage. Extending NRFC portfolio to pizza product line was a normal step to get access to the $16.2 billion market. Pizza consumption culture was already well established with estimated 76% all US families had purchased pizza from restaurant within the previous six month and 60% of pizzas were eaten at home. For this reason NRFC was aiming to build its business by gaining delivered and takeout market shares.…

    • 2320 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Sausage Anne Bank

    • 451 Words
    • 2 Pages

    After Implementing Step one and after gathering all the information Ms Banks discussed the results with their teammates. They discussed about the emotional, Social and familial roles about the users of Italian sausage . After the deep study of all the research they tried to ake the product as per the customer demand.…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Truearth Case

    • 2147 Words
    • 9 Pages

    TruEarth is a company that supplies gourmet meal products to grocery stores with strong emphasis in high quality ingredients, freshness, and healthy selections. The core competency of TruEarth is the use of whole grain ingredients to make home meal replacement products. TruEarth main product line composes of fresh pasta and sauce. Since product inception in third quarter of 2006, it has been greatly benefited from the higher than expected retail sales and profit margins. The success of this product was short lived as competitors threatened with similar product type and aggressive marketing strategies. In order for TruEarth to remain in the lead in this market, they have been investigating in a product line extension with whole grain pizza. The product development process is at or near completion; the dilemma for TruEarth is to determine whether to launch the whole grain pizza product to the market. The success of the whole grain pizza will rest on the ability to calculate the risk to the following key points:…

    • 2147 Words
    • 9 Pages
    Good Essays
  • Good Essays

    TruEarth Healthy Foods was founded in 1993 to meeting the demand for healthy gourmet products like pastas, sauces, and meals. These products used the concept of fresh whole grain rather than using refined white flour which is considered as “bad carbohydrates” and introduced the fresh prepared/semi prepared home meal replacement products. Company had successful introduction of fresh whole grain pasta and want to introduce the similar product concept for pizza in coming quarters. Company is targeting to retain its position in whole grain products in the competitive environment and acting quickly and decisively to introduce the new product i.e., Fresh Whole Grain Pizza. For this purpose company conducted the market research through Nielsen BASES®, a market research firm. This research included firstly the focus group to test the concept and then followed by take-home trials.…

    • 369 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    In the 1980’s, Italy’s pasta market as a whole was relatively flat, growing less than 1% per year but Barilla enjoyed an annual growth of over 21% (Exhibit 1). This was achieved when Pietro Barilla repurchased the company earlier sold by him to W.R. Grace Inc. in the 1970’s.…

    • 1403 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Soups in Brazil

    • 2459 Words
    • 10 Pages

    * Health and wellness and convenience continue to be the key trends in soup. Unilever Bestfoods Brasil Ltda, for instance, invested in Knorr Vitalie, a product with reduced fat and low-sodium content, that has sold 20% more than the traditional version, while Nestlé Brasil Ltda released Maggi Integralle, which is a dehydrated soup with high fibre ingredients, 25% less sodium and no saturated fat, in mid 2011. Ajinomoto Interamericana Indústria e Comércio Ltda promoted Vono, the leading company in instant soup, launched instant soup in larger packaging under the slogan Vono a sua Maneira (“Vono, your way”) in May 2010 to position it as a product to be consumed at any time and in any portion size.…

    • 2459 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Encouraged by the popularity gained by Lucky Me! Instant Mami (wet noodles in pouches), Monde Nissin came up with other novel and innovative products such as Lucky Me! Pancit Canton (dry noodles in pouches) and Lucky Me! Supreme (no-cook noodles in a bowl), the first of their kinds in the market.…

    • 613 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The report entitled “A study of Maggi Brand Repositioning and Extension” deals with the study of Maggi brand that was launched in India in the year 1983, by Nestle India Limited, which became synonymous with noodles. This research paper tries to find a solution to a real life problem of Maggi to launch its products as a Healthy Product. The introduction provides the company background, operational & other important information provided by the company which would assist in taking the decision for the right brand extension strategy for Maggi.…

    • 600 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Maggi as a brand is globally known in the product category of bouillon or soup cubes. Nestle decided to introduce Maggi brand in India in the same product category. This soup was initially test marketed in 1974 in Kerala. The response was not encouraging. Having then realized that the dietary habits of Keralites are not conductive to the idea of drinking soup, test marketing of the brand extended to Goa with the idea that Goan food habits have some similarity with western habits. Fortunately for the company, the test turned out to be positive and Maggi became an accepted brand in India.…

    • 1632 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Noodelicious Snack Bar has been creating and serving delicious noodles to businesses in Iligan City for…

    • 2870 Words
    • 12 Pages
    Good Essays
  • Satisfactory Essays

    Homework

    • 847 Words
    • 4 Pages

    It is 2009 when CDO Foodsphere Inc. launched the product, San Marino Tuna Paella, which is an instant rice meal for people on-the-go. It has been a boom after its promotion but as years pass by, people are starting to forget the product and instant noodles has been on top for ready-to-eat products.…

    • 847 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    As we all know, NISSIN Foods (日清食品) is the first company in the world to make instant noodles and the oldest and largest manufacturer of instant food in Japan.. But, time flies and everything has changed. Since the market of instant noodles has changed a lot, NISSIN is facing some challenges. Thus, NISSIN Foods have to change their marketing strategy if they want to maintain their success. In this essay, I will focus on the instant noodles strategy for NISSIN Foods in the next five years.…

    • 1707 Words
    • 7 Pages
    Satisfactory Essays