Professional Documents
Culture Documents
MANAGEMENT
About
Maggi
Started in 1982 by Julius Maggi in Switzerland
International Culinary brand of Instant soups, stocks, ketchups, sauces &
instant noodles
Its purpose according to the Swiss Public Welfare Society was to create vegetable
food that would be quick to prepare, easy to digest & that working women dont
have to invest much time in cooking.
Nestle acquired Maggi in 1947
An entirely new food category Convenient Food products of Maggi - instant
noodles was introduced in Indian packaged food market.
Maggi had launched its Brand Extension earlier in Mid 90s as Maggi Pickle.
It failed as Typical Indian customers majorly remembered relishing Grandmas or
Mothers recipe of Pickles.
A person sitting in Singapore cannot decide on what kind of taste may attract Indian
Customers reflecting a Confused Positioning in the minds of the consumers, where they
couldnt relate their Grandmas/Mothers with someones idea of Pickles in Singapore.
2. BRAND RECALL
- Maggi clearly has a strong, established Brand Recall & it can be on the same level of existing
pickle brands & maybe overcome them with the first of its kind factor.
- Age wise, 25-45 Age Group are highly cautious of the brand & consume Maggi more than any other
instant noodle.
3. BRAND AWARENESS
-
High awareness with 65% for Maggi as noodles but mainly for its Tastemaker
4. PERCEPTION
-
Maggi is perceived as a taste that goes well with anything. This will help us to establish Maggi Pickles
in a much more beneficial manner.
Parameters
Competitors
Market
Share
Price
Quality
Rural
Penetratio
n
Marketin
g
Nestle Maggi
12%
Tastemakers
3.5
2.5
4.5
Mothers
Recipe
53.22%
3.5
Priya Pickles
16.23%
2.5
Pravin
22.58%
2.5
MTR Pickles
12%
3.5
2.5
3.5
Good Packaging To satisfy the Convenience factor as its USP, its packaging will be
in easy to use pouches with quantities for 500 gms & 1kg Achaar.
Continuous Process Innovation Knows the customers & learns from its
mistakes.
Failed earlier with its launch in Pickle Segment as Maggi Pickle
Capturing New Customer Base Extended its reach in Rural Markets by reducing
price.
RECOMMENDATIONS
Come up with more Comeback campaigns like We Miss You so that
the Brand Recall doesnt fall flat.
Re-launch Maggi in a new Revitalized form, more strong, more
healthy & safe for consumption.
We shall introduce Revitalized version of Maggi Instant Achaar
Masala
Encourage campaigns that revolve around Wheat, Oats & Ragi
noodles.
Rope in a brand ambassador, high with trust value among the
audience, to endorse the brand to regain trust & Brand Loyalty of
the consumers.
Maggi is already on its way to relaunch Maggi by Diwali if everything
with approvals go well.