Innovative Product Flavored Bread
Group Members Names Sr # ► Atif
Iqbal ► Faisal Adil ► Omer Hayat Khan 21 ► Malik Allah Razi ► Faheem Nawaz
I.D.
073605-058 13 073605-069 19 073605-076 073605-087 29 073605-088 31
Introduction
Explanation of Innovation
►
►
Need Gap Analysis
►Product
Differentiation
►Flavored
Bread ►Low Light Bread ►Natural and Organic
►Fulfilling
the Need
►Market
Situation
►Trend ►Potential
Mission Statement “This is a family company selling traditionally baked bread with a freshness and quality you really can taste”
Vision
“ Our vision is to become Pakistan's favorite bread this will come to reality by our dedication to continued improvement across all areas of the business.”
Market Trend ► Using
updated Technology
► There
is Huge Market Available
►5
% People Are Using Baked Bread
Competitive Analysis Indirect Competitors ►Cakes ►Biscuits ►Cookies ►Pastries
Substitute Competitors ►Dawn
Bread ►Vita Bread ►Bunny
Goal “Our goal is to ensure that important values such as quality, freshness, and service are delivered to our consumers in the 21st Century. For us this isn't just a business. It's a way of life.”
Market Segmentation ►Demographics ►Geographic ►Psychographic ►Behavioral
Target Analysis ►Income
Groups
►Youth ►Travelers
Product Analysis ►Brand
Name
►Logo ►Trademark
FAB Analysis ►Features ►Attributes ►Benefits
Quality Function Ingredients ►Flour ►Liquid ►Yeast ►Fats ►Sugar ►Salt
Distribution & Channels of Distribution
Promotion Strategies Product position Strategy
►
the customer believes
► ► ►
Value Features Benefits
Basic strategies
►
By attribute or benefit By use or application By user By product or service class By price or quality
Advertising strategy ► Position
the product: ► Investing in creating a stronger brand personality: ► Using the Internet / Web site: ► Ad strategy deals with the big strategic issues:
Branding, Positioning, Media.
► Psycho-Dynamics
What is going on the brain of the customer? Consumer Involvement Theory (CIT) ►How
the consumer relates to the purchase ►High to low involvement.
Always changing ► Above
the line sales promotion
TV, Radio, Newspaper,
► Advertising
objective
To earn profits To compare, To gain attention, To inform, To persuade, or To remind our customers about our product
► Campaign
theme
► Reach ► Frequency ► Media
Vehicle
Proper Budget Allocation Advertising ► In
order to keep the advertising budget in line with promotional and marketing goals Artesian have focus on the followings: Target consumer ►Householders ►Restaurants
Health conscious Profit is earned for each Rupee spent on advertising
► Slogan
“Healthier slice of life”
► USP
“The bread which build strong bodies and which has the flavor of your choice.” ► Push strategy ► Promotional Materials
Banner & Hoardings Point of sale (POS) Terminals Fairs and Exhibitions Broachers and Leaflets
► Marketing
Skimming: ► Price Elasticity:
People ► Key ► HR
People with Specific Skills
number including managerial
and non managerial staff ► Physical ► Land
evidence
and Building
► Location
and side details
Market Entry strategy
Market Entry strategy 1.
Guerilla Attack
3.
Soft launch strategy
5.
Official launch strategy
Market Entry strategy 4. Event marketing at launch stage. ► ►
sponsoring cricket matches Sponsoring concerts
5. Public relation activities 6. Publicity
SWOT Matrix ►External
Threats
►External
Opportunities
►Internal
Strengths
►Internal
Weakness
Matching the SWOT matrix ►Strengths
with opportunities ►Strengths with weakness ►Opportunities with weakness ►Weakness with threats
Financial analysis ► Projected
► Total
startup cost or onetime cost
sales
Conclusion