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Introduction
Unilever Pakistan is the largest FMCG)
Company in Pakistan
Old name was Lever brothers
Manufactures home and personal care product,
beverages, ice cream and spreads
Grew through acquistions
Worlds largest manufacture of ice cream First manufacturing product was soap
Holds 18% of global market share First manufacturing product was soap
Founded by William Hesketh Lever in 1885 Grew through acquistions
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Wall`s The brand for ice cream is known as Wall`s
Walls is ranked as # 24 in Newsweeks list of
Asias top brands
Cornetto Idea of selling ice-cream cones
In 1959,Spica, an Italian ice-cream manufacturer introduced cone ice-
cream Spica registered the name Cornetto in 1960
Unilever acquired the company after 1962.
Initial sales were poor
Mass-marketing campaign helped increased sales
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GOODS CLASSIFICATIONPERISHIBILITY
Required Temp: -18C.Lifetime (Outoffreezer): 25 min.
Expiry: 10 months.
PACKING
Packaging: Multiple packaging
Small packs: Sticks
Cones
Cups
Take home packs:
liter packs
1 liter packs
Tubs
Bulk packs: 10 liter packs
Wall's Classic tubs Wall's cartons Wall's Cornetto
Wall's Magnum Wall's Moo Wall's Rocket
Wall's Spin Wall's Twister
Depicting the life style of its potential user.
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Target MarketIt is the process of evaluating each market segments attractiveness and selecting one or more
segments to enter. Sometimes companies are able to target, because they are financially strongand they can arrange a vast product line.
Walls is easily available in urban and rural areas all over the country. Walls has been targeted
every segment and we can say that walls has a Fragmented market.
MarketMarket AttractivenessAttractivenessMarket AttractivenessFactors
Market
Size
Growth including stage in product life cycle
Differentiation possibilities
Bargaining power of customers
Cyclicality and SeasonalityDistribution
Economicandtechnological
Investment intensity
Industry capacity
Technology
Barriers to entry and exit
Access to supplies
Competitive
Competitive structure
Competitive groupings
Substitute products
Price
Individual competitor analysis
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It is standing on the maturity stage with 65% of totalmarket share. To stay competitive in the market itneeds to introduce time to time new offers and flavorsand different promotional schemes.
Changingthe Marketing Mix:
Premiums & Gifts: Premiums and gifts are excellenttools for inducing initial trial, brand switching, andrepeat purchases.
Coupons: Coupons are a type of sales promotion andcan be even more effective than gifts or premiums forgenerating added sales for brands
Entertaining Advertising: Probably one of the bestthings that you can do at any stage of the product lifecycle is to have entertaining advertisements thatattract and hold people's attention.
Productlifecycle:
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HierarchyofMarketing Department
(salesforce)
National/Countrymarketing (sales)
manager
National/Country marketing(sales) manager
Zonalsalesmanager
Zonal sales manager
Area/territory
salesmanager
Area/territory sales manager
Salesofficer
Sales officer
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Marketing Environment
Micro Environment:
The Micro EnvironmentsoftheWalls Cornettoare:
The Company: departments, resourses
Supplier: provide inputs like cream, almonds and flavors
Marketintermediaries: helpthecompanytopromote,sellanddistributionitsproductstofinalbuyers,alsogivefranchisestotricycledistributioncompaniesandthey
furthermarkettheirproduct
Customer: TheWalls Cornetto Companymainlyfocusesoncustomermarketthat
consistsofindividualsand householdsfortheirpersonalconsumption.
Competitor: TherearenomajorcompetitorofWalls Cornetto Nationwidepresentsbutnowthe Omoreisgoingtobeitsmajorscompetitorinthenearfuture
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Marketing Environment
Demographic (size, density, location,
age, gender, taste and other statistics)
Economic Environment(income,buying behavior)
Natural Environment (inputs)
Political Environment: various limitsand taxes in the market
Responding to the Marketing
Environment
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Market Segmentation
Geographic Segmentation
Demographic Segmentation
Psychographic Segmentation Behavioral Segmentation
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Geographical:
Country (Pakistan)
City (Karachi, Lahore, Gujranwala)
Density(Urban, Suburban)
Climate(Southern)
Demographical:
Age(17-30)
Gender(Male, Female)
Income(30000+)
Generation(Generation Y)
Occupation(Students, couples)
Psychographic:
Social Classes (Working class,
middle class, upper middle, lower
uppers, upper uppers.)
Behavioral:
Occasions(Regular occasions)
Benefits(Quality, hygiene)
User Status(Nonuser, ex-user,
potential user, first time user,
regular user.)
User Rates(Light user, Medium
user, Heavy user)
Attitude towardsproduct(Enthusiastic, positive)
Taste(Classic, Almond, strawberry
lover.)
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Marketing Targeting(Undifferentiated Mass Marketing)
Marketing positioning
(price, quality, Uniqueness)
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Product development process
idea
generation
Idea
Screening
Concept
Development
&Testing
Marketing
Strategy
Development
Business
Analysis
Product
Development
Test
Marketing
Commercializa
tion
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Idea GenerationInternalsources
Product development teams
Formal research and development
Externalsources
Customers
Competitors
Distributors
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Idea ScreeningReduce the number of ideas
Product committee ask several questions?
Conceptdevelopment
An attractive idea must be developed into product concept
ConcepttestingTesting different concepts of ice cream with target consumers
Marketing Strategy DevelopmentTarget market
Positioning
Aim ofSales
Loss for first year
Flavors
Price
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Business analysesReview of sales, Costs, Profit projection
Product DevelopmentResearch and development or engineering department
Heavy investment.
Manufacture and test one or more tastes
Test marketing
Standard test market
Commercialization
Introduction timings
Where to launch ?
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Marketpositioning
Product for young couples.
Quality product
Unique recipe
No direct competitor
Huge advertisement and effective product
delivery Attaining major market share
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SWOT Analyses Strengths
Unique taste
No close/direct competitor
Geographical coverage(Karachi to
Mansehra)
Different tastes(presently nine), sizes
Hygiene environment production Financially strong
High quality
Good Image in the minds of
consumers
Wide distribution due to wide
distribution channel Aggressive promotional schemes
Weaknesses
Perishable product
Electricity failure losses
Freezers cannot retain
normal temperature for
long
Pure milk is not used in
ice creams
There is no variation in
tastes
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SWOT Analyses
Opportunities
New products(already have market share,name)
Ice cream parlors(spin bar)
Gap in Mkt. for diet ice cream, which Wall's can cover because they are more, establishthan other's.
Walls proves itself to be quality oriented product and maintain good taste and standard,than it would be able to create a strong position in all (Pakistan) for a long period oftime.
Threats
Competitors
Gourmet(low price) Omore(competitor)
High profitability can attract competition
Nestle, Big competitor may come to compete
Charging more than tag price
Hico and Omore are also new comer but rapid increase in there market is a big threatfor walls.
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Industryanalyses Yummy
No promotions, less geographical access
Hico
90% revenue from family packs
Igloo
Restricted to karachi
Gourmet
Gaining market share through low pricing, limited outlets
Omore
Major emerging competitor, Market extention
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Product:
Core Product: Ice cream, as a desert after meal.
Actualproduct: The high quality level, different tastes,
flavours, packaging and the heart shape icon. Augmentedproduct: provide tastes and hyginene as
well as nutritional ingredients.
Brand Name: (name, term, sign, symbol, design, or a
combination of these) Brand Mark: (of brand that appears in the form of a
symbol, design, or distinctive coloring or lettering)
4Ps OF CORNETTO:
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Pricingobjectives
Salesvolume
Profit
Marketgrowth
Price Adjustment Strategies
Wall's uses the same price strategies forallregions. Theyare giving 5%
discountto theirwholesalers and 7% to theirretailers. Companyprovides off-
season quantitydiscount(3 extra ice cream pieces on the purchase ofa cart
on to theirdealers.)
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Pricing Strategy
Wall`s objective is to make profit, increase market sales and market growth
To achieve these goals new flavors are introduced in the market and prices aredecreased
Market penetration is done. Prices are set low to attract large number of buyern increase their market share.
As teenagers are targeted so prices are not at all high.
As Cornetto is targeting middle and upper-middle class youth, the price ofCornetto is not that high. They are targeting the same classes in all the places
of Pakistan.
For Cornetto, Wall`s used product line strategy that a specific price was set forCornetto. They give incentives to the retailers those are at picnic spotsbecause they know a lot of people will go and have ice cream.
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Distribution Strategy
Distribution channel consist of individual and firm whilemaking a product available to its consumers.
Distributed all over the country for easy access.
Widely available through walls tricycle that are roam around
Free freezers are given to shop owners
Vehicles are used to transport ice cream from factory tocompanys freezers n then to consumers
PRODUCER DISTRIBUTOR RETAILER CONSUMER
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Promotional Mix
Ice Creammakesyou happy itsofficial!
Advertising strategySales promotion strategy
Public relations strategy
Personal selling strategy
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Advertisingstrategy
Heavily advertised via television advertisements
Comparison of old and new advertising strategy
a. Ingredients
b. Relationship building
Sponsoring programs
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The activities of designing and producing the container or
wrapper for a product. Packaging serves several safety and
utilitarian purpose, part of a company's marketing program and
it is help full to identifying product among the competitor.
Labeling :
product feature that requires managerial attention. identifies the product, describes several things about the product who made it where it
was made, when it was made, its contents, how is to be used and how to use it safely,
part of a package, close relationship among labeling, packaging and brandin
Descriptive label is used for Wall's as it contains ingredients, nutritional contents and
flavor of the ice cream.
Designand Colour
Wall's is using very attractive design and beautiful colors for the
customer attraction. All the wrappers provide some ideas about
the flavor, taste, quality and freshness of the product.
PackagingPackaging
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canteen kahaani more of publicity campaign rather than sponsorshipbeing impulsive in nature
Billboardsandradio
Advertisingcampaignby hiringFarhaan and Amrita Rao
Printmedia
a. Sundayb. Fashion mag
Salespromotionadvertisementsinnewspapers
a. Dawn
b. Daily times
Internet
a. http://www.cornetto.com.pk promotion of flip-the-lid
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Salespromotions
Success of adds resulted in flip-the-lidcontesta. Incentives like free credit, mobile phones, tickets toJal concerts, having fan meetings with them onweekly basis
2nd
mediumofdependence
Point-Of-Purchaseoutlets
a. Manager belief
b. Free monogrammed freezers and positioningc. Postersd. Canopy-like tents
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Public Relations Strategy
Holdingofwithinandoutsidecompany
events
Withinthecompany
a. Samplesofpeopleforpaneltesting
i. Blind-testing
ii. Focus-group
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Outsidecompany
a. Market surveys
b. Charity activities
c. Sponsoring of events like Valentines Day
Customers
Price discounts
Quantity discounts
Distributorrelationships
5% off-seasonal discounts
50% of distributors expenses
Retailerrelationships
Rs.22000 per retailer
free maintenance for freezers
Lever Raabta
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Survey Questions:
25%
45%
20%
10%
1.Whatisagebracketdoyoubelong
to
13-16 age
17-30 age
31-39 age
39 age and
above
51%
29%
13%
7%
Whatisthebrandoftheice-cream
thatyouusuallypurchase?
Walls O`more Hico Yummy
1
2
3
4
5
0
10
20
30
40
50
60
70
80
TastePrice
Flavor
Choices Packaging
1
2
3
4
5
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Survey Questions:
9%
29%
35%
27%
Incomebracket
5000-20000 Rs 20000-50000 Rs
50000-100000 Rs 100000 Rs and above
Howoftendoyoupurchase Cornetto?
Everyday
Once a week
Once a month
0 5 10 15 20 25 30 35 40
Love disc
Classic
Strawberry
Love chocolate
1. Whatflavorsofcornettodoyoulikethemost?
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THE END