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General Mills

New Product Introduction Marketing Plan


Locker Number 632

Section 202 Team 4 Jay Curran James Gaskin G.T. Hollett Steve Holley Kurt Knaub Marty Wick

Project Objective
To create and initiate market planning for two shelf-stable, single-serve product lines or product line extensions that will generate substantial incremental revenue over a threeyear sales period

Process Outline
Phase I Phase II Phase III Phase IV

Gap Analysis Concept Gap Creation Analysis

Concept Concept Creation Evaluation and Evaluation

Positioning Positioning

Sales Projections

Successful Product Launch

New Segments Existing Concepts Attribute Importance New Market Space Gap Analysis

Brainstorming Concept Selection Psychographics Asset Compatibility Gap Analysis Profitability

Consumer Feedback Consumer Focus Packaging Price

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Marketing

Potential Buyers Market Analysis Market Influencers Purchase Estimation

Revenue Projection

Macroeconomic Trends

Macroeconomic Data
U.S. Age Demographics
Average age of population is increasing
Over 65 group grew by 14.7M people from 1990 to 1999
100000

Population (000s)

80000 60000 40000 20000 0 Under 5 5 to 19 20 to 34 35 to 54 54 to 65 Over 65 1990 1999

Kids and the baby boomer generation form two of the fastest growing segments.
Source: 2000 Census Bureau Report

Macroeconomic Trends
U.S. Ethnic Demographics
Hispanic and Asian-American ethnic groups have the highest growth rates in the nation
Population (Million)

Total Pop: 270M


35 30 25
Hispanic

Hispanic: 34.5% Asian-American: 35.9%

20 15 10 5 0 1990 1995 2000


AsianAmerican

Despite the fact that Hispanics are only 11% of population and Asian Americans are 4%, the growth of these ethnic populations influences U.S. culture

Asian-American and Hispanic foods represent a fast growing segment due to both population and cultural influence
Source: 2000 Census Bureau Report

Macroeconomic Trends
U.S. Labor & Households
Almost 2/3 of U.S. Households do not have a stay at home adult to allocate their
time to meal preparation Women account for 46.5% of current workforce Total U.S. HH: 105M
30
Single Person HH (Millions)
Dual Income HH (Millions)

Total U.S. HH: 105M

35 30 25 20 15 10 5 0 1985 1990 1995 1999 1986 1990 1995 2000

25 20 15 10 5 0

Asian-American and Hispanic foods are a growing segment due to both population and cultural influence
Source: 2000 Census Bureau Report

Macroeconomic Trends
U.S. Labor & Households
Fast growing segment of food marketplace.
Analysts currently estimate nutraceutical market at $15 Billion.1 Currently, nutrionally-improved foods account for more than 78% of growth in 35 food categories.2 Growth attributed to large population of aging baby boomers and awareness of age disorders (e.g., osteoporosis)

Popular in the following forms:


Beverages (OJ, fruit juice, smoothies, spritzers, etc.) Cereal Meal-replacements (shakes, snacks, etc.)

1.

www.cnn.com/2000/food; January 1, 2000 On your plate,: top food issues for your meals.

2.

http://www.opta-food.com/trends/3tds-ptctpt.html

Macroeconomic Trends
Summary
Statistical Trends and Observations Takeaways

Dual income and single person households are increasing and now account for 2/3 of all U.S. households Hispanics and Asian-Americans are the fastest growing segment of the U.S. and now account for 15% of the total population The average age of the population is increasing (baby boomers). The kid segment is also one of the fastest growing. Women now account for 46.5% of the workforce and is increasing

There are fewer households who have a dedicated family member for meal preparation Opportunities exist in the fastest growing ethnic segments There is a potential need for products which target specific food attributes of the baby boomers and kids An opportunity may exist for lunch meals which target working women.

Microeconomic Data

Microeconomic Data
U.S. Food Expenditure Trends
U.S. consumers are spending less of their disposable income on food during the late 1990s In the past 10 years, supermarkets have experienced a two-fold increase in shoppers who consider a grocery store the primary source for a pre-made dinner (18% of total population)

Supermarkets are increasingly the primary source for pre-made, inexpensive dinners.
Source: Meal Solutions, Food Marketing Institute, 2000

Microeconomic Data
U.S. Food Consumption Lunch at Work
Workplace lunch facts: Bring Lunch from home

45% At least once per week 20% Everyday

Skip Lunch completely

31% Sometimes 11% At least once per week

Nearly half of American workers are looking for lunch solution to take to work
Source: Brown Baggin It, American Demographics, January, 2001

Microeconomic Data
Meal Preparation Time
As consumers lives have become increasingly hectic, the length of time dedicated to meal preparation has decreased Time dedicated to lunch (both preparation and consumption) has decreased to only 15 minutes
70 60
Preparation Time

60

50 40 30 20 10 0 1985 2000 2005 2030 30 15 7.5

Americans have less time to spend on meal preparation with lunch being particularly hectic for consumers
Source: Changing Cooking & Dining Habits, www.globalgourment.com, 2000

Microeconomic Data
U.S. Food Attribute Importance
Surveys indicate the top four food attributes for making a purchase are taste, nutrition, product safety, and price.
Very Important Taste Somewhat Important

89%

8%

Nutrition
Product Safety Price Storability

71
71 69 46

25
20 27 38

These attributes serve as potential drivers for consumer purchase behavior


Source: Nutrition, Food Marketing Institute, 2000

Microeconomic Data
U.S. Food Attribute Importance
Further research indicates health importance for consumers is typically fleeting The food industry is known to take advantage of this fact through loose nutritional claims of low fat or low sodium products A Food Marketing Institute (FMI) survey found the most definitive health changes were additions to their diet in the form of fruits and vegetables rather than eliminating certain unhealthy aspects in their current meal purchases
While nutrition was identified as a potential driver for food consumption, consumers often dont make their purchase decisions based on this attribute
Source: Nutrition, Food Marketing Institute, 2000

Microeconomic Data
U.S. Food Consumption - Snacks
A significant percentage of Americans snack:
100 90 80 70 60 50 40 30 20 10 0

93%

50% 40%

Four or more times per day

Two or more times per day

Regularly

Snack food sales continue to grow. Sales topped $30 billion in 1999 1
Source: Whats in Store, International Dairy Deli Bakery Association, September, 1998 1 Press Release, Snack Food Association, July 19, 2000 (most recent available data)

Microeconomic Data
Nutraceutical Trends
Fast growing segment of food marketplace Analysts currently estimate nutraceutical market at $15 billion Currently, nutritionally-improved foods account for more than 78% of growth in 35 food categories Growth attributed to large population of aging baby boomers and awareness of age disorders (e.g., osteoporosis) Popular in the following forms Beverages (OJ, fruit juice, smoothies, spritzers, etc.) Cereal Meal-replacements (shakes, snacks, etc.)

Source: www.cnn.com/2000/food; January 1, 2000 On your plate,: top food issues for your meals.

http://www.opta-food.com/trends/3tds-ptctpt.html

Microeconomic Data
Summary
Statistical Trends and Observations Takeaways

Supermarkets are a primary source for shoppers


who are looking for a pre-made dinner

The market for single serve, shelf-stable products should expand

A significant percentage of American workers


skip lunch or eat out regularly

American workers have a need for a quality tasting, convenient prepared lunch meal
Lunch convenience Health attributes for meals can be subtle. Taste is a true driver for food consumption Snacks represents a robust and growing segment of the market

Time spent for lunch (and other meals) has become increasingly short Nutrition is identified by consumers as an important food attribute, but has less impact in their actual purchasing decision Snacks food sales are growing a represent a significant portion of a typical consumers consumption

Consumer Needs Analysis

Psychographics
Response Average Work Day? Thoughts Meal Freq
1 Constant mtgs and computer work Nice to get away 2X

Survey Output
Meal Size Food Type Eat Where? Description Take Lunch?

Med Lg

Starch w/meat & sauce

L: work D: home

L: quick, easy, hot D: quickest to make

Yes Cheaper; Take starch w/meat & sauce

Sporadic work

Eat something healthly and filling

3x

Med

Healthy & Filling

L: work D: home/out

L: salad D: chicken

No Company caf is cheaper

High stress, very busy

Quick w/no hassle

3x

Large

Rice, Noodles, Pasta. No meat.

L: desk D: dining room table

L: rushed D: relaxing, alone

Yes Cheaper; Take white rice, leftover pasta, salads


Dont Takes too long to prepare Not usually because workplace has a cafeteria No almost always go to a drive through

Busy

Quickest

4-6x

Small

Chicken breasts, fruits turkey, vegetables Sandwich or Hot Cafeteria Meal & Snacks in between Fast Foods on the road, Hearty meal at home

L: home D: home

L: speed D: speed L: relaxed D: fast preparation with good taste L: speed D: full courses, meat & veggie

Constant work at Desk

Break from sitting at computer Get me on to the next appointment

3x

Med

L: cafeteria D: home L: work D: usually home

On the road, Sales calls all day

4x

Small

Consumer Needs Analysis


Moment-In-Time Decisions - Summary
Convenience is a key factor if the consideration set includes any single serving meals Meal & snack sizes away from the home tend to be small due to hectic schedules

After convenience is evaluated, taste drives a meal or snack decision


Heath was an important consideration, but was often neglected at the time of purchase, in favor of convenience & taste

Price will always influence meal & snack purchases

Source: These takeaways are derived from consumer interactions. These include surveys and discussions about general and eating behaviors. The survey is included in the Appendix.

Current Portfolio Analysis

General Mills Portfolio


Evaluation Process
Portfolio Overview
High-level product/brand mapping

Needs Analysis

Brand Review

Approach

Refined mapping of purchase drivers

Categorize offerings under existing brands

Takeaway

Determine focus opportunities

Understanding of gaps

Identify opportunities to further leverage brands

Portfolio Overview
Core Demographics and Dayparts Served
Adults
Nature Valley Bowl Appetit Bugles BacOs Chex Mix Progresso Lloyds BBQ Old El Paso Green Giant Pillsbury B.C. dessert mixes B.C. Helpers Ginos/Totinos Haagen Dazs

Yoplait

RTE Cereals

Pillsbury

Pop Secret

Morning

Noon

Night

Family
Fruit Snacks Dunkaroos Squeezits Go-Gurt

Time of day and lifestage factors, while not drivers, help isolate drivers

Kids
UNDERSERVED

Lunch hour generally underserved by existing offerings

Needs Analysis
Taste, Flavors and Nutrition *
BacOs Chex Mix

For the senses (taste)


Haagen Dazs Bowl Appetit Lloyds BBQ

B.C. dessert Bugles Dunkaroos mixes


Squeezits Pop Secret Pillsbury Fruit Snacks

Ginos/Totinos
Old El Paso

RTE Cereals

Standard

B.C. Helpers Progresso

Ethnic

Go-Gurt Nature Valley Yoplait

Green Giant

For the body (nutrition)

UNDERSERVED

General Mills delivers very little ethnic flavor


* Critical drivers when holding price and convenience constant

Brand Review
Leverage Opportunities
General Occasions
Brand Betty Crocker Consumer Meanings Quality, baking and cooking, wholesome Easy, quality, baking Vegetables, convenient Mexican, quality Indulgent, ice cream Premium, soup Breakfast, variety of messages Ready-made meals Attempting use with Bowl Appetit Meal Ingred. or Accompaniment Existing offerings OPPORTUNITY Existing offerings Existing offerings Existing offerings Not clear fit Not clear fit Not clear fit Ready-made Snacks

Pillsbury Green Giant Old El Paso Haagen Dazs Progresso Big G and subbrands

OPPORTUNITY Existing offerings

OPPORTUNITY Not clear fit

OPPORTUNITY Not clear fit Existing offerings Existing offerings

OPPORTUNITY Existing offerings Not clear fit

OPPORTUNITY

Numerous opportunities to leverage powerful brand names in various formats

Competitive Analysis

Competitive Analysis
Brands

28

Competitive Analysis
Consideration Set
Broad Options
Consumers meal consideration sets include traditional restaurants and fast food outlets.

ShelfStable

More Narrow Options


Consumers narrow their options to include only items available in the supermarket.

Specific Options
For shelf-stable products consumers are choosing from options within the category.

Consideration sets allow marketers to analyze competitive options and segment consumers based on purchase behaviors
29

Competitive Analysis
Grocery Store Competitor Characteristics
Cup o Noodles Top Ramen Limited Variety

Dry Shelf-Stable
Its Pasta Anytime Kids Kitchen Ragu Express

} } }

Water Based Less Expensive Limited Kids Options Largely Soups and Italian Dishes More Kids Options Large Variety Oil Based Better Tasting Targets Dinner More Expensive

Wet Shelf-Stable

Uncle Bens Rice Bowls Marie Callendar Lean Cuisine

Frozen

Products launched in the grocery store require positioning against the specific attributes of its competitive consideration set
30

Competitive Analysis
Lunch, Dinner and Snack Offerings
Michelinas Stouffers Snacks Marie Callenders Bowls EZ Mac Swanson Michelinas Kids Kitchen Its Pasta Anytime Ragu Express Chef Boyardee Cup Noodles Top Ramen Smart Ones Bowls Lean Cuisine Healthly Choice Bowl Creations Uncle Bens Rice & Noodle Bowls

For the senses (taste)

Standard

Ethnic

For the body (nutrition)

Very few ethnic products; Very few premium snack products


* Critical drivers when holding price and convenience constant

Competitive Analysis
Summary Statistical Trends
Statistical Trends and Observations Takeaways

Few ethnic offerings available: Chinese, Indian, Mexican, Thai Many competitors already offer shelfstable Italian products

Marketplace is not meeting the growing demand for ethnic flavors More competitive Italian segment will offer lower profits and smaller growth opportunities Single-serve snacks baked fresh is under developed segment; large growth potential

Minimal single-serve, quick-bake products available as shelf-stable

Few products targeted towards children and men in shelf-stable category

Shelf-stable products geared towards men and children is an under developed segment; large growth potential

Concept Creation

Concept Creation
Methodology
Unbiased Brainstorming Driven By Collected Data Filtered Concepts Winning Winning Concepts Concepts

Sample output:
Nutraceuticals senior-oriented foods, woman-oriented foods Convenience Cereal bars, drinkable meals, lunch-on-a-stick Ethnic fare Chinese bowls, Mexican meals, Italian pastas, Around-the-world dishes for kids Snack consumption cereal treats, time-of-day sustenance (numerous small snacks which replace meals), popcorn treats Lunch at work refreshing fruit and yogurt, energy bars, roomtemperature meals

Concepts:
Progresso Pronto Silver Servings Fiesta Ench-a-lottas Betty Crocker Single Bakes Pillsbury Shepherds Pie Oriental Express

Logic Filter

Metric Filter

Betty Crocker Single Bakes Fiesta Ench-alottas

Logic and detailed analytics used to filter concepts in timely fashion

Concept Creation
Concept Ideas
Progresso Pronto Oriental Express

Fiesta Ench-a-lottas
Pillsbury Shepherds Pie Betty Crockers Silver Servings Betty Crocker Single Bakes

Progresso Pronto
Concept
You have enjoyed Progresso Italian soups for years. Now, in addition to the worlds best soups, Progresso brings you a number of quick, hearty meal bowls to warm your heart and satisfy your hunger with the tastes of Tuscany.

Features
Personal microwave-able bowl Ready to heat meals Italian favorites as Roasted Herb Chicken Pasta and Arrabiatta Spicy Pasta Casserole. Old country herbs and spices that you have come to expect from Progresso. Includes a packet of parmesan cheese to be sprinkled over the top of the meal before serving- adding a delightful addition to the old style recipes.

Progresso Pronto
Potential Line Extensions
Extend the Progresso soup lines to create the following meals: Hearty Home style Tomato Pasta, Tomato Basil Pasta Pasta Dinner, Roasted Chicken Italiano with Rice.

Brand
The Progresso brand represents great food, simply prepared, and is the perfect image to develop a line of hearty Italian-influenced shelf-stable meals. The existing following of the Progresso brand will provide an immediate launch pad for Progresso Pronto. It is important to note that the Progresso line successfully markets quality shelf-stable meats in their products. This will be critical in helping consumers bridge the gap to shelf-stable meats.

Progresso Pronto
Needs Addressed
The primary needs addressed with this product offering are the following: General Mills offers a variety of dry cereals, snack bars, and other packaged goods designed for morning or evening consumption. However, with the exception of Bowl Appetit, GM does not have a lunchtime offering. The idea behind this product allows for General Mills to tap into the Lunch-time-on-thego arena and also to leverage the core competencies of General Mills in a new area. Competitors already have an Italian segment developed in the shelf-stable (e.g. Classico and Chef-Boyardee,) ready to eat category, but GM does not currently have an offering. Progresso Pronto gives GM the opportunity to expand the existing consumer perception of the Progresso brand from quality soups with an Italian flair to mean Homestyle Italian products. As such, Progresso Pronto segment (shelf-stable Italian) represents a premium product while the competition focuses mainly on the childrens market. (e.g. Chef-Boyardee)

Progresso Pronto
Communication
The promotion behind Progresso Pronto will differentiate the product from Progresso Soups by showing how they are a meal in a ready-to-eat bowl and compete with the other ready-to-eat, microwave-able products such as Stouffers frozen offerings and Campbells Chunky. However, the advertisements will note that Progresso Pronto is sold in a ready-to-heat and eat container, as opposed to the traditional tin can.

Barriers to Competition
While there are few options available to adult customers in the wet shelf-stable segment, the Progresso brand brings an element of superb quality and taste that is difficult for other companies (even Campbells) to achieve.

Concerns/Challenges
Cannibalization of existing Progresso soups. Progresso Pronto will have to be differentiated in recipe, serving size and presentation from the existing cans of Progresso soup. Additionally, as noted above, competition from companies such as Campbells could come in the form of their soup lines or new Supper Bakes. Potential to damage existing Progresso brand equity. The Progresso brand is a strong insulator that will allow General Mills a defense from much of the competition.

Oriental Express
Concept
The dynamic flavors of Oriental Express will take you back to the storied history of the ancient Asian Continent. General Mills brings Asian cuisine to your table in a convenient, ready-to-heat and eat single serving package. You enjoy all of the international flavor that you love with the added convenience of not having to leave your desk or home.

Features
Through this channel, product offerings will come in a wet form such as noodle or rice with vegetables and meat. Also, there could be a small container of crunchy noodles to serve as a topping encased on the top of the package. The offering will come in packaging with a plastic lid for aesthetic purposes that will cover the true canned top, which will be removed for the microwave process.

Oriental Express
Potential Line Extensions
Some of the possible offerings would be the following: Chicken Lo-Mein, Pepper steak and rice, Orange Chicken and noodles, Thai Spring Noodles with Chicken, etc. Complimentary products such as Asian noodles, garnishes and teas.

Brand
Oriental Express will be a new brand. It wouldnt be appropriate to have this concept fall under the Betty Crocker brand or other existing brand umbrellas. As opposed to leveraging an existing brand, creating the Oriental Express brand will be expensive. However, in light of the fast-growing popularity of Asian food, the long-term benefits of developing a new brand can be significant.

Oriental Express
Needs Addressed
The primary needs addressed with this product offering are the following: General Mills offers a variety of dry cereals, snack bars, and other packaged goods designed for morning or evening consumption. However, with the exception of Bowl Appetit, GM does not have a lunchtime offering. The idea behind this product allows for General Mills to tap into the Lunch-time-on-thego arena and also to leverage the core competencies of General Mills in a new area. With consumer preferences trending toward Asian food (Chinese, Thai, etc.), General Mills can capitalize on the trend with this new product.

Communication
The promotion behind Oriental Express will introduce full-flavored, Asian food into the shelf-stable market. The advertising will show how the individual servings are a meal in a microwave-able, ready-to-heat bowl. The advertising will differentiate Oriental Express from the already available and popular noodle-based dry products in this category. (e.g. Nissin, Cup-o-Noodles) There is a possibility of co-marketing with the Iron Chef television program as a way of tapping into the popularity of this Asian Cooking program. For example, using the Iron Chef show to advertise the concept and generate interest

Oriental Express
Barriers to Competitors
There is little opportunity for GM to quickly erect barriers. The best opportunity exists only if GM can spend substantially to create strong consumer associations between the brand and quality Oriental food.

Concerns/Challenges
We look at this offering to encounter the following barriers: The cost of creating and marketing a new brand instead of marketing under the Betty Crocker name, or Pillsbury name. Encountering brands such as La Choy and Chun King which already have a head start on GM. Other frozen food product offerings from Healthy Choice, Lean Cuisine, Uncle Bens that feature oriental-style entrees that, again, have a lead over GM concerning products in the market. Other wet offerings that exist (Chef Boyardee, Campbells, etc.)

Fiesta Ench-a-lottas
Concept
Your kids will love these delicious bites of flour tortillas, filled with meats and cheeses and surrounded by Old El Pasos rich enchilada sauce. These single-serve meals bring the flavors of Mexico to your school home with the great taste youve come to expect from Old El Paso. Just pop them in the microwave and enjoy your meal.

Features
Single-serving ready-to-heat bowls of enchiladas style meals. Bite-sized flour tortilla pockets surrounded by Old El Pasos popular enchilada sauces. Pockets contain one of three fillings: beef, chicken or cheese. Ench-a-lottas are packaged in a plastic bowl with a vacuum-sealed pull-top lid and a plastic cover to be used while heating in the microwave. Served in 7.50 oz. bowls to appeal to children or light eaters. (Potential future packaging:15 oz packages for adults seeking full meal.)

Fiesta Ench-a-lottas
Potential Line Extensions
New flavors can be established to address different consumer segments/needs: a. Spicy/ Hot- to appeal to adult customers b. Green Chili- rich sweet flavor c. Taquitos- similar concept with crunchy taco chips to add after cooking

Brand
The Old El Paso brand is perfect for launching this new line of Mexican specialty meals. Families love Old El Paso as evidenced by the fact that it is the number one selling brand of Mexican foods. The Ench-a-lotta name will allow GM to enter a childrens market, thereby growing the existing customer base to include a whole new group of lifetime customers.

Fiesta Ench-a-lottas
Needs Addressed
The primary needs addressed with this product offering are the following: Allows GM to meet growing demand for ethnic flavors in childrens markets Shelf-stable, single-serve products are convenient for storage and quick and easy to prepare. Consumer demand for meat flavors and sustenance in shelf-stable, single-serve products

Communication
The promotion behind Fiesta Ench-a-lottas will target the childrens market with catchy cartoon-based fun advertisements. Additionally, a web-site will be created allowing kids to join (with parental approval) the Wanna-lotta kids club! The advertising will show how the individual servings are a meal in a microwave-able, ready-to-heat bowl.

Fiesta Ench-a-lottas
Barriers to Competition
Leveraging the brand of Old El Paso, with the marketing and distribution of General Mills, gives GM an excellent opportunity to create barriers within consumers minds similar to those established by ConAgra with the Chef Boyardee offerings. ConAgra does not currently have a strong Mexican brand. Old El Pasos brand serves as an initial barrier to competitors like ConAgra, with the ability to deliver a wet, shelf-stable offering. Heinz, with the acquisition of Delimex, holds knowledge of Mexican frozen food market and distributes what is considered by some to be a higher-quality product. However, no competitor currently offers a shelf-stable, single-serve Mexican product.

Concerns/Challenges
The primary challenge with delivering on market needs and delivering a successful offering will be in effectively selling the quality, flavor and safety of shelf-stable meat products. As noted, Con Agra has been extremely successful with the Chef-Boyardee line of pasta-based wet meat products. A principal goal we have is to educate the customers as to the Fiesta Ench-a-lotta offering as a substitute for current incumbent offerings in the childrens wet shelf-stable category.

Pillsbury Sheppards Pie


Concept
This delicious stew of premium vegetables and hearty beef is a meal-in-itself. Pillsbury Sheppards Pie is great for lunch or dinner. Either way, it is sure to satisfy your hunger. Topped off with a flaky Pillsbury crust just like grandma used to make, our Sheppards Pie is sure to be just right when you need a quick, yet wholesome meal.

Features
Single-serving ready-to-heat bowls of Sheppards Pie. Pillsbury Sheppards Pies are packaged in a plastic bowl with a vacuum-sealed pull-top lid and a plastic cover to be used while heating in the microwave. Served in 15 oz packages for adults seeking satisfying lunch or light dinner.

Pillsbury Sheppards Pie


Potential Line Extensions
New flavors can be established to address different consumer segments/needs: a. Spicy using curry powder to satisfy those seeking variation available in England b. Chicken and Dumplings Pillsbury dumplings and chicken within thick gravy c. Beef Stew Beef, vegetables, and potatoes sans crust

Brand
This product will be marketed under the well-established Pillsbury brand name which most American households associate with fine breads and crust brought to them by the Pillsbury. Pillsbury is well known and will help to reduce education costs and reduce customers concerns over quality.

Pillsbury Sheppards Pie


Needs Addressed
The primary needs addressed with this product offering are the following: There is a market opportunity for bold, masculine flavors in the shelf-stable, single-serve category. Additionally, there is consumer demand for meat flavors and sustenance in shelf-stable, single-serve products General Mills offers a variety of dry cereals, snack bars, and other packaged goods designed for morning or evening consumption. However, with the exception of Bowl Appetit, GM does not have a lunchtime offering- Pillsbury Sheppards Pie satisfies that need. The idea behind this product allows for General Mills to tap into the Lunch-time-on-thego arena and also to leverage the core competencies of General Mills in a new area.

Communication
Focus on food like grandma made and Pillsbury dough boy. Pillsbury Sheppards Pie will be communicated to males looking for easy meals to prepare. A satisfying meal with meat, potatoes, and crust will be stressed to garner interest.

Pillsbury Sheppards Pie


Barriers to Competition
Pillsbury brand serves as an initial barrier to competitors like Campbells Soups and Dinty Moore stews. Additionally, the Pillsbury name has the ability to lend appeal to a ready-to-bake bread-based offering. Neither Campbells or Dinty Moore have a brand able to provide fresh crust- a fact that helps to differentiate our Sheppards Pie.

Concerns/Challenges
A primary challenge will be introducing Sheppards Pie into the shelf-stable category. Customers may have concern for how shelf-stable the product is with its high number of ingredients. The challenge with the product is to clearly show how it is different from soups on the market as well beef stews already available. A key will be to produce a crust that will bake in the microwave in a short amount of time.

Betty Crocker Silver Servings


Concept
Betty Crockers Silver Servings bring healthy options to the table! Silver Servings are great tasting meals with both the convenience seniors demand and the dietary ingredients their doctors recommend. Betty Crockers Silver Servings are the wholesome meals that seniors are accustomed to brought to you by the brand that has earned your trust over the last 75 years.

Features
Silver Serving meals will be packaged in small 7.5oz. personal portions that will be just the right amount for a senior meal. Additionally, Silver Servings will be introduced in accordance with the FDAs stated senior health issues in mind. We will offer the following three attributes: Low fat, low cholesterol (for hearth disease) Low Sodium (for high blood pressure) Balanced meal (with calcium, iron, protein, etc.) Traditional, non-spicy flavors such as Chicken Noodle Casserole and Hearty Beef Stew will be featured.

Betty Crocker Silver Servings


Potential Line Extensions
A franchise line of Betty Crocker Silver Servings might include breakfast meals, snacks and a greater variety of flavors, including the possibility of popular specialties from the past 50 years of American cuisine.

Brand
The Betty Crocker label is the perfect brand to reach the aging baby boomers. The brands popularity was founded in the post-war era when many of todays seniors were highly impressionable youngsters. Additionally, todays seniors were the foundation of the success of the Betty Crocker Cookbooks and, as noted on the Betty Crocker website, the cookbook is now in its 9th edition (and) has sold more than 30 million copies, making it one of the all-time best-selling cookbooks in the world.[1]
[1] Betty Crocker Website, http://www.bettycrocker.com/meetbetty/mb_tsob2.asp

Betty Crocker Silver Servings


Needs Addressed
The primary needs addressed with this product offering are the following:
The diet-specific needs of the aging Baby Boomer generation Mealtime convenience desired by senior citizens Small portions preferred by seniors

Communication
The promotional campaign will be twofold.
It will include a push marketing campaign celebrating the joint product development of recipes and ingredients with a respected gerontological program such as The Gerontology Institute and the American Association of Retired People (AARP.) The push strategy would be to speak with physicians to have them recommend Silver Servings as a healthy option for their aging patients. Additionally, there will be a pull marketing campaign through traditional media outlets. The traditional media will target both the younger seniors who are responsible for their own meal purchases as well as the middle-aged children who make many of the meal decisions for senior parents. Both of these campaigns will feature the taste, health and convenience of Betty Crocker Senior Servings.

Betty Crocker Silver Servings


Barriers to Competition
The strength of the Betty Crocker name with seniors will be of great benefit when protecting our market. It is difficult to imagine any of the heritage brands being as strong with this demographic.

Concerns/Challenges
Competition could come from other single serve lines already in the shelf-stable market. Of particular note is the Healthy Choice line of products. While there is substantial competition, the Betty Crocker name will be a major foundation in growing the Silver Servings franchise and serve as a powerful force in developing a loyal following. Some consumer research has shown that cost is the primary driver when seniors are making meal choices. If the research proves accurate, this price-sensitivity could put undue profit pressure on the Silver Servings line.

Betty Crocker Single Bakes


Concept
Now its easier than ever to enjoy fresh-baked Betty Crocker cakes. Betty Crocker introduces Single Bakes quick bake treats that offer you a wholesome reward with minimum effort. Just pop a cake in the microwave, watch it rise, then spread on Betty Crockers delicious icying or spread. Its just like made from scratch but its ready whenever and wherever you are!

Features
Cakes are sold in three-packs. Each cake package contains a sealed cover containing Betty Crocker icing or spread and a plastic spread utensil. Cakes are moist and fresh tasting upon microwaving. Flavors include chocolate cake or yellow cake (each with chocolate icing), strawberry, coffee, German chocolate and more.

Betty Crocker Single Bakes


Potential Line Extensions
Extensions are possible to cookies, cinnamon rolls and more, but such extensions likely will take place under the Pillsbury brand. Thus, extension opportunities take place more from a market and packaging knowledge standpoint.

Brand
The Betty Crocker brand is the natural home for this concept. The existing brand will keep product introduction costs to a minimum and provide a natural advertising platform.

Betty Crocker Single Bakes


Consumer Needs and Positioning
This product is expected to address the need for: a. A wholesome reward for all the hard work that women do b. Consumer demand for tasty snack food with less guilt

Communication
Focus on rewarding women for their hard work. The quality of the product will allow overcome the communication to women, thus allowing for male consumption as well. The offering will offer convenience to consumers. As an alternative to actually baking the product, a buyer can pick up a package of pre-prepared cakes for consumption at home, at the office or on the go.

Betty Crocker Single Bakes


Barriers to Competition
Betty Crocker is a strong brand that resonates with consumers. The brand equity in baked dessert goods will allow General Mills to create a perceived value proposition that is difficult for competitors to replicate.

Concerns/Challenges
Primary concern lies in delivering a product that delivers what consumers expect from Betty Crocker (at the time of consumption).
Must create processes and packaging to gaurantee freshness at the time of consumption. Must also educate consumers to avoid storing, transporting or preparing the product in a manner which could reduce quality.

Concept Evaluation

Consumer Concept Evaluation


Progresso Pronto
Respondent # 1 2 3 4 5 6 7 8 Price 2 5 5 2 4 5 2 3 Taste 1 4 3 4 4 4 3 4 Uniqueness 4 3 1 5 4 3 3 3 Purchase Intent 3 5 4 4 4 4 3 3 Value 3 5 4 3 4 4 2 3

9
10

5
4

3
3

3
3

3
3

4
4

Total Avg.
Scoring: 1=worst to 5=best

3.6

3.3

3.2

3.6

3.6

Relatively positive consumer responses, though not perceived as being very unique

Consumer Concept Evaluation


Oriental Express
Respondent # 1 2 3 4 5 6 7 8 Price 2 3 3 1 3 3 2 3 Taste 3 3 1 3 3 3 2 2 Uniqueness 5 1 2 1 5 5 3 4 Purchase Intent 1 3 1 2 2 2 3 4 Value 4 3 2 1 2 2 3 1

9
10

2
1

3
3

3
3

3
4

4
2

Total Avg.
Scoring: 1=worst to 5=best

2.3

2.6

3.2

2.5

2.4

Relatively low consumer scores overall. Responses indicate product, however, is somewhat unique

Consumer Concept Evaluation


Fiesta Ench-a-lottas
Respondent # 1 2 3 4 5 6 7 8 Price 3 5 4 4 4 3 4 5 Taste 4 4 4 4 4 4 3 4 Uniqueness 3 4 3 3 4 3 4 5 Purchase Intent 4 4 3 4 5 4 3 5 Value 4 5 4 4 5 4 4 5

9
10

4
5

5
4

4
4

4
5

5
5

Total Avg.
Scoring: 1=worst to 5=best

4.1

4.0

3.7

4.1

4.5

Product very well. Consumers value score particularly positive for kids-oriented offering.

Consumer Concept Evaluation


Pillsbury Shepherds Pie
Respondent # 1 2 3 4 5 6 7 8 Price 2 3 3 3 3 3 2 3 Taste 1 2 2 2 2 2 1 2 Uniqueness 4 3 3 4 3 3 3 4 Purchase Intent 2 3 2 2 3 1 1 2 Value 3 3 2 3 3 2 2 2

9
10

2
3

1
2

3
3

2
2

2
1

Total Avg.
Scoring: 1=worst to 5=best

2.7

1.7

3.3

2.0

2.3

Low consumer scores.

Consumer Concept Evaluation


Betty Crocker Silver Servings
Respondent # Price Taste Uniqueness Purchase Intent Value

1
2 3 4 5 6 7 8 9 10

2
3 4 3 1 2 3 4 2 3

1
4 3 2 4 3 4 3 5 3

3
3 3 2 3 3 3 4 3 3

3
4 3 3 2 2 3 3 2 3

2
3 4 3 2 2 3 3 2 3

Total Avg.
Scoring: 1=worst to 5=best

2.7

3.2

3.0

2.8

2.8

Consumer scores are relatively low

NOTE: Concept should be retained for further consumer testing. Initial tests did not contain reasonable representation from target consumer group.

Consumer Concept Evaluation


Betty Crocker Single Bakes
Respondent # 1 2 3 4 5 6 7 8 Price 3 4 3 5 4 4 5 4 Taste 5 4 4 4 5 5 4 5 Uniqueness 4 3 3 3 4 4 4 4 Purchase Intent 4 4 4 3 5 5 5 4 Value 3 4 4 5 5 4 4 4

9
10

4
4

4
5

3
5

4
5

4
5

Total Avg.
Scoring: 1=worst to 5=best

4.0

4.5

3.7

4.3

4.2

Scores are relatively strong. Believe sample uniqueness scores do not accurately represent differential quality from competition

Consumer Concept Evaluation


Bases Matrix Average Rankings
Concept Average Price Average Taste Average Unique Average Purchase Intent Average Value Overall Average Ranking

Progresso Pronto Oriental Express

3.6 2.3

3.3 2.6

3.2 3.2

3.6 2.5

3.6 2.4

3.7 2.6

Fiesta Ench-a-lottas
Sheppards Pie Betty Crockers Single Bakes Silver Servings

4.1
2.7 4.0 2.7

4.0
1.7 4.5 3.2

3.7
3.3 3.7 3.0

4.1
2.0 4.3 2.8

4.5
2.3 4.2 2.8

4.0
2.4 4.0 2.9

Scoring: 1=worst to 5=best

Concept Evaluation
Metric Filter
Metrics Utilized For Concept Evaluation Three Dimensions (Axes) On (1 5 Scale)
Asset Compatibility
Brand Distribution Capabilities Production Capability

Profitability Gap Analysis

Profitability
Sustained Revenues Barriers To Entry Growth Potential Market Share Current Company Portfolio Competitive Portfolio Demographic Trends Psychographic Trends

Unserved Needs / Gap Analysis

Asset

Concept Evaluation
Metric Filter
Weighting of Three Attribute Dimensions 25%
Weighting of attributes determined by level of uncertainty

Profit

Asset Compatibility

35%

Meeting un-served needs and determining brand fit is more certain (in terms of success) than profitability All attributes critical to success of product launch

40%
Unserved Needs

Concept Evaluation
Metric Filter Asset Compatibility
Progresso Pronto Silver Servings Fiesta Encha-lottas Single Bakes Oriental Express Pillsburys Shepherds Pie

Brand Scorecard

Production Facilities

Distribution Potential Total Asset Score

10

11

16

17

Scoring: 1=worst to 6=best (Forced Rankings)

Fiesta Ench-a-lottas and Betty Crocker Single Bakes leverage existing General Mills assets

Concept Evaluation
Metric Filter Gap Analysis
Progresso Pronto Current Portfolio Competitive Portfolio Demographic Trends Psychographic Trends Consumer Feedback Total Gap Analysis Score Scoring: 1=worst to 6=best (Forced Rankings) Silver Servings Fiesta Ench-alottas Single Bakes Oriental Express Pillsburys Shepherds Pie

3 4 2

2 5 3

5 1 4

4 6 5

6 2 6

1 3 1

2
3

3
4

6
5

5
6

4
1

1
2

14

17

21

26

19

Betty Crocker Single Bakes best capitalizes on an unserved market need.

Concept Evaluation
Metric Filter Profitability
Progresso Pronto Growth Potential Market Size Product Launch Costs Barriers to Entry Competition Total Profitability Score Silver Servings Fiesta Ench-alottas Single Bakes Oriental Express Pillsburys Shepherds Pie

3 4

2 2

5 5

4 6

6 3

1 1

3
3 2

4
5 6

5
4 4

6
6 5

1
1 1

2
2 3

15

19

23

27

12

Scoring: 1=worst to 6=best (Forced Rankings)

Betty Crocker Single Bakes are a premium offering and holds the greatest profit potential. We anticipate Fiesta Ench-a-lottas will generate high profits due to its high pricer per ounce ratio.

Concept Evaluation
Results
Progresso Pronto Profitability Asset Compatibility Unserved Needs Total Profitability Score Silver Servings Fiesta Encha-lottas Single Bakes Oriental Express Pillsburys Shepherds Pie

15 10 14

19 11 17

23 16 21

27 17 26

12 4 19

9 5 8

Selected Concepts

Fiesta Ench-a-lottas Betty Crocker Single Bakes

Supporting Research For Selected Concepts

Supporting Research
Mexican Food Kid Consumption
Kids 10 to 13 tweens favor four ethnic varieties over American cuisine 1
1. 2. 3. 4. 5. Chinese Mexican Japanese Italian American

Heinz acquired Delimex Foods in August, 2001, to target school lunch market
Weaker brand name than Old El Paso

Source: 2001 Tweens in America Report, Wharf Research and Center for Culinary Development, November 6, 2001

Supporting Research
Cakes Consumption

Recognized trend in UK toward snack market


Cakes meet consumers needs for lighter and more wholesome sweet snacks (relative to most confections)

Opportunity to leverage Betty Crocker brand is growing in snacks


Source: Cakes: Out of the tin and into a lunchbox, Grocer, p. 53, October 27, 2001

Positioning

Product Positioning
Methodology
Placement

Packaging

Price

Mktg.

The product positioning was based on the five critical factors: Product Placement, Packaging, Marketing, Consumer Attributes, and Price.

Consumer

Product Positioning
Fiesta Ench-a-lottas
Ench-a-lottas are targeted at children and teens. The product will be placed in the supermarket where microwave-ready kids single-serving segments are found. Competitors include: Chef Boyardee, Kids Kitchen, Ragu Express Placement Ench-a-lottas packaging is similar to Chef Boyardees. It will be microwave- ready after the metal pop-top is removed. Old El Paso branding will be prominently displayed to leverage the significant brand equity already enjoyed in the Mexican food category. Ench-a-lottas will be offered in a 7.5 oz size.

Packaging

Price Ench-a-lottas will be priced competitively with single serving Chef Boyardee offerings, at $1.29 for a 7.5 oz. container. Mktg.

The marketing campaign for Ench-alottas will use Old El Pasos established brand equity. Advertising through print will communicate the authentic Mexican flavor as well as the ease of preparation. Ench-a-lottas will be shown as fun and tasty way to eat lunch at home or at school.

Segment

The target market segment for Ench-a-lottas will be children from the age of 5 to 15. Research and surveys show that Mexican food is popular with kids.

Product Positioning
Betty Crocker Single Bakes
Betty Crocker Single Bakes will be placed in the snack aisle in the supermarket. Competitors include: Sara Lee, Hostess, Otis Spunkemeyer Betty Crocker Single Bakes will be offered in 3 packs. The product will contain a topping, a utensil and a single serving cake. It will be microwave ready after the top is taken off, and the plastic cover for the bowl is pulled back.

The Betty Crocker branding will be prominently displayed to leverage its significant brand equity. Packaging

Placement

Price Bettys Single Bakes will be priced competitively with snack alternatives such as candy bars. The suggested price point is $2.69 for the 3 pack offering. Mktg. The marketing campaign for Single Bakes will emphasize the wholesome quality and flavor of the Betty Crocker products. Single Bakes will provide the tastiness of Bettys best offerings with the ease and convenience of a prepared food.

Segment

The target market for Betty Crockers Single Bakes is working women who are looking for a better solution than a candy bar between meals. Market research has shown that this segment is seeking an alternative to junk food for snacking.

Sales Projections
Methodology

Sales Projection Methodology


Summary View
Identification and analysis of comparable launches

External Factors

Review of existing markets and market shares Anticipation of competitor and market dynamics Evaluation of GM marketing and distribution

Annual Projections
Year 1 Year Year 2 2 Year Year 3 3

Internal Factors

Sales Projections
Fiesta Ench-a-lottas

Sales Projections
Fiesta Ench-a-lottas Detailed View
Identification of Potential Buyer Segments Identification Of Direct Competitors (Market Analysis) Market Influencers Revenues (Units & Pricing)

Price

Competitors
EZ Macaroni

Total Potential Buyers

Brand Strength
Relative Product Type Distribution Power

Revenues

Kids Chef Boyardee Ravioli Spaghetti Lunchables

Households with Kids (5 15) Lunch Items (not exclusive) Mexican Food Consumers Larger Portions Repositioned For Men

Competitor and Market Dynamics

Correction Factors

Sales Projections
Fiesta Ench-a-lottas Sales (Year 1)
Buyer Segments Market Share Analysis Purchase Calculation Revenue (Year 1)

BASE SEGMENT
Kids: 40,000,000 Kid Households: 20,000,000

MARKET SHARE
EZ Macaroni: 10 % Lunchables: 55% 675,000 HH 24,300,000

Chef Boyardee: 15%


Spaghettios: 5% Percentage of Homes Who Buy Mexican (6 month time-frame) 45% TOTAL SEGMENT (0.45) x (20,000,000) 9,000,000 HH

CONSUMPTION (monthly)
Repeat+ (0.34) 4+ Repeat (0.34) Single (0.34)

$1.29

OLD EL PASO
17% Market Share of All Mexican Foods

MARKET SIZES
$ 50,000,000 - $150,000,000 7.5%

24 0-2 Distribution Power

3 Per Household / Month 24,300,000 Bought

$31,347,330

Source: Meat & prepared meals report, Mediamark Research Inc., 1994

Meat & prepared meals report, Mediamark Research Inc., 1997

Sales Projections
Fiesta Ench-a-lottas Sales (Year 2 and Year 3)
Buyer Segments Growth Market Share Growth (Responses) Purchase Calculation (Sensitivity) Revenue Growth

9,000,000 HH Growth (Year 2): 1.03 1.10 Growth (Year 3): 1.03 1.10

7.5%

675,000 HH

Year 2

$34,000,000
CONSUMPTION (monthly) 4% - 10%
Growth in Market (No response) Growth in Market (New Segment) Market Contraction (Price War) Market Contraction (Product Into) Repeat+ Repeat Single

Growing Ethnic Influence Growing Cultural Influence Population Growth

(0.20 0.40) (0.200.40) (0.200.40) 4+ 24 0-2 Distribution Power

Year 3

$35,000,000

2.6 3.4 Purchases

Source: Meat & prepared meals report, Mediamark Research Inc., 1994 Meat & prepared meals report, Mediamark Research Inc., 1997

Sales Projections
Fiesta Ench-a-lottas Sensitivity Analysis
Sales Projections Sensitivity Analysis (Monte Carlo Simulation)
$50,000 $45,000 $40,000 $35,000 $30,000
50%

Sales (Thousands)

80%

20%

50%

$15,000 $10,000 $5,000 $0

Baseline

20%
1 Year 1 2 Year 2 3 Year 3

Expected Case Baseline Projection (mean 50th percentile projected sales) Market Contraction Case Pessimistic Growth Projection (20th percentile projection) Growth Case Optimistic Growth Projection (80th percentile projection)

20%

$25,000 $20,000

80%

Sales Projections
Betty Crocker Single Bakes

Sales Projections
Betty Crocker Single Bakes Detailed View
Identification of Potential Buyer Segments Identification Of Direct Competitors (Market Analysis) Market Influencers Revenues (Units & Pricing)

Price

Competitors
Candy

Total Potential Buyers

Pretzels Chips Vending Machine Fare Popcorn

Brand Strength
Relative Product Type Distribution Power

Revenues

Working Women Lunches Dinner Snacks

Competitor and Market Dynamics

Correction Factors
Source: Meat & prepared meals report, Mediamark Research Inc., 1994 Meat & prepared meals report, Mediamark Research Inc., 1997

Sales Projections
Betty Crocker Single Bakes Sales (Year 1)
Buyer Segments Market Share Analysis Purchase Calculation Revenue (Year 1)

BASE SEGMENT
Workforce: 190,000,000 % Workforce (Women): 88,350,000

MARKET SHARE
Nothing: 25 % Candy: 40% 441,750 HH 19,613,700

Pretzels: 8%
Chips: 7% Bring Lunch From Home Average: 50% Popcorn: 5%

CONSUMPTION (monthly)
Repeat+ (0.50) 4+ Repeat (0.35) Single (0.15)

$ 0.90

TOTAL SEGMENT (0.50) x (88,350,000)

24 0-2 Distribution Power

3.70 Per Household / Month 1% 19,613,700 Bought

44,175,000 HH

$17,652,330

Sales Projections
Betty Crocker Single BakesSales (Year 2-3)
Buyer Segments Growth Market Share Growth - Response Purchase Calculation (Sensitivity) Revenue Growth

44,175,000 HH Growth (Year 2): 1.00 1.20 Growth (Year 3): 1.00 1.20

1%

441,175 HH

Year 2

$25,000,000
CONSUMPTION (monthly) 1% - 3%
Growth in Market (No response) Market Contraction (Product Into) Repeat+ Repeat Single

Growing Women Workforce Use as Dinner Dessert

(0.200.55) (0.150.35) (0.100.20) 4+ 24 0-2 Distribution Power

Year 3

$35,000,000

1.55 4.00 Purchases

Sales Projections
Single Bakes Sensitivity Analysis
Sales Projections Sensitivity Analysis (Monte Carlo Simulation)
$50,000 $45,000 $40,000

Sales (Thousands)

$35,000 $30,000
80% 50% 50% 80% 50%

$25,000 $20,000 $15,000 $10,000 $5,000 $0 1 Year 1


Baseline

Year 2 2

20%

Year 3

Expected Case Baseline Projection (mean 50th percentile projected sales) Market Contraction Case Pessimistic Growth Projection (20th percentile projection)

Growth Case Optimistic Growth Projection (80th percentile projection)

20%

Next Steps

Next Steps
Concept Confirmation
Technical Feasibility Review BASES Phase I Concept Testing

Remaining steps required prior to national product launches

Prototype Development
BASES Phase II In-Home Product Testing Test Market

Backup Slides

Competition - Wet
Product; Company Brand
Its Pasta Anytime; Classico Borden

Features Prep
Pasta & Sauce Wet Shelf-stable Microwave 15.25 oz $2.99/unit

Flavors
Tomato-Beef Tomato-mushroom

Meal
Lunch Dinner

Target Market Message


Women Age 18-49 harried cooks

Kids Kitchen

Hormel

Wet Microwave Cartoon characters

Cheezy Mac N Cheese Beefy Mac N Cheese Mini Beef Ravioli Pizza Wedges Pepperoni
Traditional Tomato Classic Meat Flavor Sweet Tomato & Garlic

Lunch Snack

School age children Feed Their Bodies, Feed Their Minds

Ragu Express

Pasta & Sauce Wet Microwave

Lunch Snack

School age children Real Pasta, Real Sauce, Real Fast!

EZ Mac

Kraft

Competition - Frozen
Product; Company Brand
Marie Callenders Bowls ConAgra

Features Prep
Taste Frozen Microwave $2.99/unit
High nutrition Frozen Microwave $2.39

Flavors
Lemon herb chicken Country Style Beef Pot Roast Turkey Breast Medallions & Stuffing
Chili w/corn bread Chicken teriyaki; rice Colonial style chicken pie Tuna casserole Chicken breast strips w/mac & cheese Chili Lemon chicken Chicken fajitas Thai-curry chicken Thai-peanut chicken Jambalaya

Meal
Lunch Dinner

Target Market Message

Healthly Choice Bowl Creations

ConAgra

Lunch

Health conscious Easy lunchtime solution

Uncle Bens Rice & Noodle Bowls

Mars Inc.

98% fat free Rice or noodles, meat, vegtables Frozen Microwave/ Oven

Lunch Dinner

Contemporary individuals Women 25-40 Satisfy Your Passion for Good Good. Now The Hottest Thing in the Kitchen is in the Freezer

Competition - Frozen
Product; Company Brand
Smart Ones Bowls; Weight Watchers
Lean Cuisine; Stouffers Stouffers

Features Prep
Low calorie Low fat Frozen Microwave
Healthy Frozen

Flavors

Meal
Lunch Dinner

Target Market Message

Heinz

Nestle USA

Roasted Chicken w/Lemon Pepper Rettucini Fiesta Grilled Chicken Macaroni & Cheese French Bread Pizza Over 50 varieties Boneless white meat fried chicken breast Hungry-Man Boneless White Meat Fried Chicken Breast Fried Chicken dinner Fun Feast All White Meat Fried Chicken Kids Dinner

Dinner

Do something good for yourself.

Nestle USA

Serving Sizes of 1, 2, 5 or 9 Frozen Frozen

Dinner

Hell Love The Taste. Youll Love That Its So Good For Him. Make New Memories with Swanson

Swanson

Vlassic

Dinner

Competition - Frozen
Product; Company Brand
Michelinas Michelinas

Features Prep
Frozen Microwave 10oz $1.99/unit

Flavors
Sirloin beef peppercorn Shrimp alfredo Jumbo cheese ravioli Chedder broccoli potatoes Veg lasagna marinara Lasagna w/meat sauce
Pizza Snack Rolls Pizza Bagels Single Serve Pizza

Meal
Meal Replace

Target Market Message

Michelinas

Michelinas

Frozen Microwave

Snack

Competition - Dry
Product; Company Brand
Cup Noodles Top Ramen Nissin

Features Flavors Prep


Soup Add hot water Beef Chicken Cajun Chicken Mushroom Chicken Etc.

Meal
Lunch Snack

Target Market Message

Fantastic Spice Hunter Near East Knorr

Soup Soup Soup

Restaurants
Competitive trends associated with this industry are as follows:
1. 2. 3. 4. Trend towards quality fast food chains. Disparity in eating out within in gender. Ethnicity becoming a strong influence in restaurant industry. Income also a factor concerning restaurant dining.

1) Future of fast-food: Becoming more upscale.1


Boston Market: take the meal home concept Meal solutions: ready-to-eat meals at restaurants or groceries 51% of meals bought at restaurant taken home (of which, 2.1% come from fine restaurants.

2) Men more likely to eat at a restaurant versus women.2


(men = 4.6 meals outper week, women = 3.8 meals per week). Additionally, men = 22% of all meals eaten out, vs. 18% for women. Women consume 14.8 privately-prepared meals per week vs. men at 13.9 meals

Restaurants
3) Ethnicity playing large role in restaurant trends.3
More preferences and locations for ethnic-themed restaurants, especially among urban-professionals and internationals. Most popular ethnic offerings:
Thai Japanese South American Caribbean

Minority groups tend to spend more on food away from home.3


Hispanic adults lead all minorities in lunch and dinner (37% vs. 33% for AfricanAmericans and Asians). Additionally, tend to order out more. Hispanic and African American females are more often on-premises patrons than their male counterparts.

4) Influence of Income.3
Individuals with higher household income tend to dine out more.
Managerial and professional occupation households posted the highest per capita and average total spending away from home ($3,003 and $1,112, respectively). Consumers with household income of $75K or more eat an average of 4.9 meals commercially prepared vs. 3.2 for incomes of $15K or less.

Comparative Parameters
Concept
Progresso Pronto Oriental Express Fiesta Ench-A-Lottas

Comparative Price- Comparative Ounce point Size $1.89 $4.17 $1.29 16 oz. 12 oz. 7.5 oz.

Sheppards Pie
Betty Single Bakes Silver Servings

$2.16
$2.55 $3.32

8 oz.
14 oz. 8.5 oz

Consumer Survey
The following slides contain survey questions posed to consumers. This is a portion of the line of questioning we followed to understand consumer perceptions of existing and conceptual products

Oriental Express
Product:
The idea behind this product allows for General Mills to tap into the Lunchtime-on-the-go arena. This product offering will come in a wet form such as noodle or rice with vegetables and a meat. Also, there could be a section of dry noodles to serve as a topping encased on the top of the package. The offering will also come in packaging that has a plastic lid for aesthetic purposes that will be removed for the microwave process. Flavors would include Chicken Lo-Mein, Pepper steak and rice, Orange Chicken and noodles. This item will come in 12 oz packaging and will retail for $4.17.

Evaluation:
Please rank this concept on a scale of 1 to 5. 1 = very low thru 5 = very high _____ Price _____ Taste _____ Unique _____ Purchase Intent _____ Value

Fiesta Ench-a-lottas
Product:
Old El Paso, the worlds favorite brand of Mexican food, has been delivering the great tastes of Mexico to your home since 1917. Now their letting you enjoy a Mexican meal wherever you go with Fiesta Ench-a-lottas. Youll love these delicious bites of flour tortillas, filled with meats and cheeses and surrounded by Old El Pasos rich enchilada sauce. These single-serve Mexican meals satisfy your hunger at work, at school or at home with the great taste youve come to expect from Old El Paso. Just pop them in the microwave and savor the flavor. Flavors include beef, chicken or cheese. Ench-a-lottas are packaged in a plastic bowl with a vacuum-sealed pull-top lid and a plastic cover for microwaving. Served in 7.50 oz (for children or light eaters) or 7.5 oz packages (for adults seeking full meal). The retail price will be $1.29.

Evaluation:
Please rank this concept on a scale of 1 to 5. 1 = very low thru 5 = very high _____ Price _____ Taste _____ Unique _____ Purchase Intent _____ Value

Bettys Shepherds Pie


Product:
The Pillsbury Dough Boy has just gotten back from holiday in jollyole England and has decided to share with his friends in America the Old World delicacy known as Shepherds Pie. This delicious meal-in-itself goes great for lunch or dinner, either way, it is sure to satisfy you hunger. It is loaded with vegetables, meat, and potatoes, but most importantly, it is topped off with a fresh Pillsbury crust just like grandma made when you were little. Just pop them in the microwave and savor the flavor. Each single-serving bowl contains either beef or chicken. Other flavors include chicken and dumplings and beef stew. The package consists of a plastic bowl with a vacuum-sealed pull-top lid and a plastic cover for microwaving. Served in 8oz packages for adult seeking a satisfying lunch or light dinner. The retail price is $2.16.

Evaluation:
Please rank this concept on a scale of 1 to 5. 1 = very low thru 5 = very high _____ Price _____ Taste _____ Unique _____ Purchase Intent _____ Value

Betty Crocker Silver Servings


Product:
One recent study reported Many older people, because of chronic medical problems, may require special diets: for example, a low-fat, low-cholesterol diet for heart disease, a low-sodium diet for high blood pressure, or a low-calorie diet for weight reduction. Special diets often require extra effort, but older people often settle for foods that are quick and easy to prepare, such as frozen dinners, canned foods, lunch meats, and others that may provide too many calories, or contain too much fat and sodium for their needs. Thus, Betty Crockers Silver Servings will bring healthy and wholesome staple meals that seniors are accustomed to such as Chicken Noodle Casserole and Hearty Beef Stew. Four lines will be offered: Healthy Low fat, low cholesterol (for hearth disease), Healthy Low Sodium (for high blood pressure), and Healthy Low Calorie (for weight reduction). Served in 10 oz packages for $3.33.

Evaluation:
Please rank this concept on a scale of 1 to 5. 1 = very low thru 5 = very high _____ Price _____ Taste _____ Unique _____ Purchase Intent _____ Value

Betty Crocker Single Bakes


Product:
Nobody knows baking like Betty Crocker because for over 75 years, she has delivered trusted advice and quality products to millions of people, making life easier and ever more delicious. Betty is now preparing some of her most popular pastries for you so that you can enjoy wonderful cakes, brownies and muffins even when you dont have time to bake them from scratch. The single serving treats will be exactly what you need to get you from meal to meal during a busy day, or they can fill that craving for high quality, rich taste you have late at night. Heat these fresh quick-bake snacks in the microwave and add the premade frosting for a fast and tasty snack. Flavors include cinnamon roll, brownie, strudel, chocolate cake, German chocolate cake, lemon cake, vanilla cake and angel food cake. Served in 6 oz packages that retail for $0.99.

Evaluation:
Please rank this concept on a scale of 1 to 5. 1 = very low thru 5 = very high _____ Price _____ Taste _____ Unique _____ Purchase Intent _____ Value

General Survey
1. How would you describe your average work day?

2. What goes through your mind when you decide to eat away from work/school?

3. How would you describe your eating


Frequency: Portions: Type of food:

General Survey
4. Where are you usually when you eat
Lunch?: Dinner?:

5. What kind of words come to mind with


Lunch?:

Dinner?:

6. Why do (or dont) you take lunch to work?

7. What type of food do you take to work for lunch (if you take your lunch?).

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