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Culinarian Cookware
Mba3 RMS Grp-09
Heena
Chayya
Manpreet
Case Synopsis
Brand Vision: To provide Customers, the
cookware's with superior quality & most
advanced technology. To make their
cooking, a better experience
Donald JanusVictoria Brown
No Price
discounts
Give Price discounts
About Cullinarian
•Premium cookwares with most advanced technology
•Invented Copper coating technology
I love this
cookware
range
Copper cookwares
Trend: Designer cookwares,
Endorsed by professionals
Ceo : 2006 Strategic Priorities
1. Widen network
2. Increase
Market
Share
3. Preserve Brand Image
15 % revenue Growth
MBT-12%
PRO-X1
(Best) S-X1 D-X1 C-X1
(cheapest)
52% Retailer
Margin
Marketing Mix
Product Mix
• Great sales team Sales team 8 account managers, 1 visit/ month,
incentive program
• Advertising : 4% of sales (4 Million)
•National advertisements, Magazines & Newspapers
• No co-operative advertisements.
• 52% Margin
• Pricing : not $199.99 but $200.00
• Objective : Not only to increase trade, but to broaden customer
base & stimulate excitement for brand.
Distribution, Promotion, & Pricing
Consumer Research
2003
(all customers)
Importance…
Quality > Features >
Price > Brandname
2004
1500 own Customers
75% 30-55 Yrs
82% Women
70% - Income over $75k
60% - Cooking hobby
2005
(Telephone survey, Who
purchase Cook ware)
Brand awareness
•15% in less than $75k
Income group
• 25% in above 75k$
income group
•Only 4 %
seen
advertising
Case Facts
18%
14%
6.5%
4%
3%
55.50%
Market Share
Star Chef
Kitchen Select
Culinarian
Le Gorurmand
Robusto
Other
• 3.36bn $ industry
• 104 mn$ revenue of the company in 2005
• 4mn$ advertising expense
• 184987 units sold in 2004
• 56% customers felt price disc. Is important
To Offer Price
promotion or Not?
21 % growth
target
Wrong
estimation
of 2004
campaign
results
To maintain
Premium
Brand image
No free gifts as
promotion as
retailers don’t
like it
Problem Defined
Pros & Cons of Price Promotions
• Victoria is in Support
• 2006 aim is to increase revenue by 21%
• Sales force complain, Retailers demanding
30 % price promotion to boost awareness
• New Customer engagement
• 56% customers in 2004 research told that
price discount encouraged buyng decision.
15% Ready to upgrade
• Donald Janus supported
• 2004 price promotion had negative
impact on sales according to Donald
• Image may be harmed
• Full discount don’t reach to actual
customers
Pros
CoNs
Conclusion
• To get endorsed by Professionals.
• Cash Back schemes
• Partnership with financial services, 0% EMI schemes
• Co-operative Advertising
• Launch extra premium Range, Culinarian Super

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Culinarial cookware case study By manpreet singh digital

  • 1. Culinarian Cookware Mba3 RMS Grp-09 Heena Chayya Manpreet
  • 2. Case Synopsis Brand Vision: To provide Customers, the cookware's with superior quality & most advanced technology. To make their cooking, a better experience
  • 3. Donald JanusVictoria Brown No Price discounts Give Price discounts
  • 4. About Cullinarian •Premium cookwares with most advanced technology •Invented Copper coating technology I love this cookware range Copper cookwares Trend: Designer cookwares, Endorsed by professionals
  • 5. Ceo : 2006 Strategic Priorities 1. Widen network 2. Increase Market Share 3. Preserve Brand Image 15 % revenue Growth MBT-12%
  • 6. PRO-X1 (Best) S-X1 D-X1 C-X1 (cheapest) 52% Retailer Margin Marketing Mix Product Mix
  • 7. • Great sales team Sales team 8 account managers, 1 visit/ month, incentive program • Advertising : 4% of sales (4 Million) •National advertisements, Magazines & Newspapers • No co-operative advertisements. • 52% Margin • Pricing : not $199.99 but $200.00 • Objective : Not only to increase trade, but to broaden customer base & stimulate excitement for brand. Distribution, Promotion, & Pricing
  • 8. Consumer Research 2003 (all customers) Importance… Quality > Features > Price > Brandname 2004 1500 own Customers 75% 30-55 Yrs 82% Women 70% - Income over $75k 60% - Cooking hobby 2005 (Telephone survey, Who purchase Cook ware) Brand awareness •15% in less than $75k Income group • 25% in above 75k$ income group •Only 4 % seen advertising
  • 9. Case Facts 18% 14% 6.5% 4% 3% 55.50% Market Share Star Chef Kitchen Select Culinarian Le Gorurmand Robusto Other • 3.36bn $ industry • 104 mn$ revenue of the company in 2005 • 4mn$ advertising expense • 184987 units sold in 2004 • 56% customers felt price disc. Is important
  • 10. To Offer Price promotion or Not? 21 % growth target Wrong estimation of 2004 campaign results To maintain Premium Brand image No free gifts as promotion as retailers don’t like it Problem Defined
  • 11. Pros & Cons of Price Promotions • Victoria is in Support • 2006 aim is to increase revenue by 21% • Sales force complain, Retailers demanding 30 % price promotion to boost awareness • New Customer engagement • 56% customers in 2004 research told that price discount encouraged buyng decision. 15% Ready to upgrade • Donald Janus supported • 2004 price promotion had negative impact on sales according to Donald • Image may be harmed • Full discount don’t reach to actual customers Pros CoNs
  • 12. Conclusion • To get endorsed by Professionals. • Cash Back schemes • Partnership with financial services, 0% EMI schemes • Co-operative Advertising • Launch extra premium Range, Culinarian Super