The markets for processed foods are ever increasing. The competition can only enhance the value of the product for customers and still have the prices lower. For players in food processing industry, now a days we think of BLUE OCEAN Strategy. We do not think of competing with other suppliers but for value proposition of one's supply, one carves out one's own market share. Continuous innovation in all aspects of one's business is the way and not frittering away the energy in price/quality wars.
By
dommaraju krishnamaraju, CEO/MD/Director, wine legendIndia pvt ltd
| 09 14 2010 05:20:24 +0000
HI!ALL. Always there is is a space on top & if some company trying to reach to its top in say 25-30 yrar`s of time as we all see but threr must be some area`s left to be explored and only then other companies found that space so firstly i know margins are low but if u all maggi has raised their rates with the time say in CSD canteens very nominal but other companies saw that space and done Marketing as well as in their dealers or maggi`s i am not saying Nestle dealers all are not happy with the statergy And if we remember some times when they lounch their new masala for betterness but sales gone down also they then take a step to come back with same tastemaker now again they have to sit and see old statergies to work again.Others say Horlicks & others they are new but using only their dealer space area`s not clients taste spaces & change is must and if company hires our type of minds there are new way`s for revive.
By
VEERINDER SINGH(B-P.VIHAR), Associate/Senior Associate, BHART CAPITAL SERVICES
| 09 06 2010 11:32:49 +0000
Maggi has been in the market for many years. It has already estabhlished its connect (whether emotional or commercial)with end users across the country. What maggi needs to do is get more strategies to come more closer to its TG. That way they will remain on top of the ladder and will continue to rule the TG's heart, which will thus help them in keeping Maggi Noodles the favorite and healthy snack for the entire family! Yes, I guess getting families together would be a good option!
By
Fareed Khan, Client Servicing/Key Account Manager, BVU Media Ltd
| 09 06 2010 08:48:49 +0000
James you are absuletely right. While nest time you give noodles to your daughter please arrange to give the same without the lable. Maggie was a creation of Nestle in India with that famous ad saying for two @ rs 2/- takes two minutes to cook. This is what is called brand loyalty though for food products the loyality is very high since taste is attached to it. It will take time for horlicks to create their market for this product.
By
Rathin Deb, Freelance Retail Consultant
| 09 03 2010 09:20:27 +0000
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In India, There is a huge scope of market for new products like Horlicks foodles or well-versed other products. In-order to face the heavy competition from the competitors like MAGGI, one has to maintain his brand image by " 3 P's " i.e., PRODUCT (Quality), PRICE, PROMOTION. I agree with Ms.Sujatha srivastava, Associate/Senior Associate, AT Kearney. "Maggi’s share of instant noodles, on an all-India basis, across urban markets, has slipped consistently between December ’09 to July ’10. While Maggi instant noodles (minus vermicelli) had a 90.7% share in December ’09, the share dropped to 86.5% in July ’10 on an all-India basis." This is the perfect time for FOODLES to capture the market share of MAGGI, by extending its promotional, periodical activities.
By
Dileep , BRANDING AND CLIENT SERVICE, MACRO MEDIA
| 09 14 2010 03:38:43 +0000
The need for a Healthy snack is increasing each day. While Maggi does have a Huge brand equity that is being encashed by its Marketers by 'unending' Brand extensions, what Maggi needs to understand that Depth is not everything. Foodles will create a separate niche for itself, which Maggi is failing to create with its 'similar' packaging, and very similar names for all its extensions. The age is to 'Differentiate'!! Maggi has to, otherwise, the end is not far...
By
Prasun , Senior Consultant, Bridge Capital Advisors
| 09 07 2010 10:07:59 +0000
@sunil kr kulshreshtha-definately maggi have wide coverage but its 25year old brand n foodles is jst 2.5 month but if we go wit statics it captured 63k outlets in west region in very short period of time...n foodle going 2 cater both upper n lower class with their Rs15 n Rs10 sku which maggie doesnt having..
By
kedar koyalkar, MBA/PGDM student, mit-som pune
| 09 03 2010 15:48:08 +0000
@sunil kr kulshreshtha-definately maggi have wide coverage but its 25year old brand n foodles is jst 2.5 month but if we go wit statics it captured 63k outlets in west region in very short period of time...n foodle going 2 cater both upper n lower class with their Rs15 n Rs10 sku which maggie doesnt having..
By
kedar koyalkar, MBA/PGDM student, mit-som pune
| 09 03 2010 15:45:08 +0000
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