Consumer Buying Behavior of Oreo
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Transcript of Consumer Buying Behavior of Oreo
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7/31/2019 Consumer Buying Behavior of Oreo
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CONSUMER BUYING BEHAVIOR
OF OREO
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Oreo
Started in US in 1912 by Kraft Company
Sandwich Cookie
No. 1 cookie in US till date
Introduced in India in March, 2011
Introduced under company name Cadburyacquired by Kraft
Dark Chocolate and Vanilla Cream
Sold in 113 countries
Market Leader in 58 countries
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4 Ps
PRODUCT
Cream Biscuits Classic Chocolate
Oreo flavor only
Toppings for Ice-creams and Cakes
PRICE
Rs 5, Rs 10 and
Rs 20
Marked Down Pricing competitive pricing
PLACERetail Stores
McDonalds
Caf Coffee Day
Company Retailer - Consumer
PROMOTIONIntroduction as Worlds No.1 BiscuitTelevision Advertisements - Tagline twist
karo, lick karo, dunk karo
Partnership with McDonalds - McFlurry
Free Sampling
Sales Promotions to retailers via trade schemesDirect Marketing on facebook
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SWOT
STRENGTHS
Brand Equity
Market Leaders
Wide market Coverage
Good promotional Strategies
WEAKNESS
Segmentation in Indian market
OPPORTUNITY
Indian mass market
Not forayed into collaborative marketing
THREAT
ITC and Britannia
Diabetic nation
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Segmentation and Positioning
Segmentation
Demographic (Age: 25 and below)
Geographic (Modern markets)
Psychographic (Middle and Upper Middle Class)
Positioned as a cream biscuit for children wholike to eat in their own way.
Positioned as a multi-utility biscuit whichcould be used as a topping with many otherdesserts.
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Primary Research
Objective: To study the buying parameters of
customers for Oreo
Problem Question: Why has Oreo not been
able to capture a high market share in India?
Method: Questionnaire
Sample: 50 customers from varied age groups
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Statistical Tools and Inference
Chi Square Method
Ho: Age does not play a role in people liking
the taste of Oreo
Ha: Age does play a role in people liking the
taste of Oreo
Inference: People like the taste of Oreo irrespective of their
age.
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FINDINGS AND RECOMMENDATIONS
Findings:
Purchase of Oreo not linked to price and age
Purchase of Oreo linked to quality and promotions
Health Consciousness
Recommendations:
Go mass
Position based on its richness and quality
Different product lines like sugar free and dietOreo
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THANK YOU