Introduction
Swiss company. Around 2 million people working all over world. Operating in more than 80 countries. Worlds leading food & beverage company. People, brands & products are key to success.
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History of Nestle
Henri Nestle established nestle in 1867 in Switzerland Henri Nestle developed a baby formula that saved a child's life.
Social Responsibilies
Environment
Sustainability
Quality
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Global Organization
Mission Statement
At Nestle, we believe that research can help us make better food so that people live a better life.
Vision Statement
The Nestle global vision is to be the leading health, wellness, and nutrition company in the world.
Nestle Pure Life was first launched in 1998 Purpose was to meet the global need for a safe drinking water Pleasant taste at an affordable price
Objectives of research
Demographics of Beijing
1 2 3 Name Area Population Beijing Municipality 16,800 square kilometers The population of Beijing is expected to exceed
15.5 million by 2010. 4 Location Beijing is located on the north of the Hubei
(North China) 5 Natural Resources Beijing has a diversified with mountains resources. &
Economic Situation:
Marketing Plan
Marketing Plan
Components
Market Research Target Market Product Competition Distribution Channel Market Strategies Pricing and Positioning Budgeting Marketing Goals
Research Methodology
Primary Research
Questionnaires We have distributed questionnaires to a sample size of 50 people. With the help of which we are able to know about our product. Interview We have done an interview with the Mr. Fahad Raza (Channel Incharge-NP). With the help of this interview we are able to know different marketing strategies used by Nestle.
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Target Market
We will target every one as follow, but our main focus will be on retailers Individuals House holds Businesses Retailers
Product
Our Product is Nestle Pure Life.And it comes in the sizes as shown. 0.5L 1.5L 12L 19L
Our product relates to the Beijing market in a way that there is a very huge demand of water in the market.
Competition
SWOT Analysis of China Maifan Stone Alkaline Water Strengths: Locally Strong brand reputation Modern equipments Quality process and procedures
Weaknesses:
Competition Cont..
SWOT Analysis of China Maifan Stone Alkaline Water Opportunities: Advertisement Reduction in Prices Expansion in market Threats: Price conflicts with competitors Economic pressure Changing consumer trends
Competitor Edge
SWOT Analysis of Nestle Strengths: Modern equipments Globally Strong brand reputation Quality of our product
Distribution Channel
The channel which we will focus in the early stages is Retailers. Because the retailers in Beijing have more knowledge about the market place.
Advertising
(Print , Electronic media)
Direct marketing
(brochures, flyers)
Personal selling
Pricing, Positioning
Price: Our pricing strategy is very competitive it will be 1.5 Yuan per 0.5 liter. 7.5 Yuan per 1.5 liter. 16 Yuan per 12 liter. 24 Yuan per 19 liter. Positioning Strategy We have created a reputed perception about our brand through strong jingles and slogans (Great Water, Great Taste).
Budgeting
Budget
Finance 400,000
Production
200,000
Raw material
125,000
Others
75,000 Wages 15,000
Misc
50,000 Marketing 100,000 Transport
Salaries
35,000 Internet 50,000
Road
Broadcast 20,000
Newspapers 30,000
Others
50,000
45,000
5,000
Marketing Goals
Increase in Sales Profits Increase Customer's satisfaction Attract more & more Customer Awareness of brand
Suggestions
The strategies should be according to market trends. The price of the product should be in accordance with their competitors price. The product should be in reach of every one. They should run such campaigns which attracts every one.
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Conclusion
At the end it may be concluded that the project provides us with an opportunity to experience a real time scenario. We got a chance to get involved in the practical life. We have learnt that how processes and activities studies should be formulated.
Thank You