Overview Coca-Cola India Pvt Ltd is planning to launch whipped frozen fruit dessert- Minute Maid Perfect Fruit- an extension of Minute Maid brand to diversify its product line.
Coca Cola tested the food deserts in
Australia but the Indian market would be the first to witness its full scale launch. The company is planning to launch in 10 cities in stores having high footfall of target population. SWOT Analysis
Strength Weakness Strong Brand Equity
Strong distribution network
Geographical disadvantage as compared to other existing brands. Good steady leadership
High product quality & Safety standards (KORE)
Affordability
Good market penetration including rural areas
Building a new supply chain can be expensive. Strong market connection & Effective promotion strategy
Growing market of ICFD Existing competitors in ICFD market.
Modernization of production facilities like cold
storage
Due to rise in dairy costs, opportunity for frozen
market was created.
Change in consumer preference towards quality,
price, delivery, service and higher end products. Indians’ have preference for Indian brands.
Flexibility to adapt to fast changing needs of
Indian market. Political Economical Social Technology • The local • The forecasted • Health and • Use modern government growth rate of safety attitude technology for plays an the ICFD towards the production and integral role in industry. product and supply chain. setting the the changing business demographics. environment. Penetrating in rural market will be difficult as Issues compared to urban market due to lack of product adaptability.
Assessing target audience.
Limited range of product flavours.
Capturing the market share from the existing
competitors. They can use the existing distribution network. Way Forward Health conscious individuals for promoting the product. Offline (celebrities) and online (Social Media Influencers).
Make the product available through online channels like BigBasket.
Segregate the Target Audience for Ice cream and Yoghurt.
Ice cream- all segments of population since we intend to be affordable.
Yoghurt- health conscious urban class.
As disposable income is increasing, climate is favourable and market for ICFD is
growing, these factors combined suggest that timing is right to enter the market. Thank You!