A STUDY ON THE MARKETING MIX OF COMPLAN Prashant Philip Vargis Ramandeep Singh Arora Rishinath Sandeep Raj Shantanu Seth Shriker ParthVRV5290,
Heinz – The Good Food Company
Heinz is a $10 billion global company Heinz products enjoy #1 or #2 market share in more than 50 countries Heinz sells 650 million bottles of its iconic Ketchup every year Heinz's top 15 power brands account for more than two-thirds of its annual sales Heinz employs approximately 32,500 people around the globe
Complan – The
Product
The COMplete PLANned food. Milk based, can be had with warm water. 23 vital nutrients. Convenience Product Available in different SKUs 200gm, 500gm, 1 Kg. Refill packs and Glass Bottles Multiple Flavors
Plain, Chocolate, Strawberry, Kesar Badam
Annual Sales – Rs. 90 Crore
Packaging & Labeling.
Prominent Complan on label, with embossing on bottle and lid. Highlights
Tagline of Complete Planned food in a drink 23 vital nutrients Picture of kids that emphasizes on the growing power aspect Coloring of the pack varies with the variant
Blue – Plain Brown – Chocolate Pink – Strawberry Yellow & Orange – Kesar Badam
The back panel has a list of all the nutrients and ingredients, along with
Current Market Share & Key Players
IN T E R M S O F V O LU M E ( T O N N E S )
Complan – The
Price
Prices range from Rs. 71 to Rs. 335 Product quality leadership Pricing. Priced higher than competitors Price premium portrays Quality and Value Works as a fuel for aspirations
Policy of low and infrequent discounts
Complan – The
Promotion
Diverse methodologies have been used over the years Advertising
– both print and television Sales Promotion – mostly during the summer holidays Public Relations Trade Promotions
Advertisements
A few Campaigns Complan
Boy, Girl, Mummy, Family Targeted
at mothers, for growth of their kids.
The
Health Show
Talk
Show type advertisement, showcasing Complans’ advantage over others
Series
of ads showcasing growth Extra
Growing Power, the
Sales Promotions
Carried out in the form of freebies Toys Growth
Charts Comic Books Only Limited to a few centers and lack of publicity for the same
Public Relations
Setting up of Stalls at Book Fairs School Visits Health
checkup and awareness programs, with free sampling of Complan
Doctor Visits Doctor
Relationship Officers Put up awareness material and information at pediatrician chambers Carry out awareness
Complan – The
Place
Widespread channel partners 3
tiers between company to retailer C&FA
Super-Stockist Stockist (Large & Urban Centers) C&FA Stockist Sub-Stockist (Mid & Small Centers) C&FA Stockist (Modern trade) (Organized Retail)
5 Regional Offices in Kolkata (2) , New Delhi, Chennai & Mumbai Sales Managers stationed at territories in the state capitals handle sales and
Distribution
Manufacturing facility at Aligarh C&FAs present in major trade and transport centers Stock is billed from C&FAs to the superstockists & stockists who pass it down to the wholesalers and retailers The modern retail stores are provided directly
Trade Promotions
Trade Schemes 20+4 22+2 23+1 In
a case of 24 pieces, depending on the chain, and the scheme in operation.
Trader Offers Trips,
white goods, gold etc. for high performance
Conclusions
Complan suffers from a myopic view by the company. The promotion is not very active. The management is happy with whatever sales are generated, and does not go in for a Push. The price is a bit high and could be brought down to some extent.
Thank You