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BIG BABOL
April 23, 2017
Report on:
REVITALIZING BIG BABOL
Submitted to
EMRAN MOHAMMAD
Lecturer
Department of Marketing an...
BIG BABOL
April 23, 2017
Acknowledgement
This report was made possible by the contribution of our hard working group
membe...
BIG BABOL
April 23, 2017
EXECUTIVE SUMMARY
This report is about revitalizing the brand BIG BABOL. At first we have shown
s...
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Big babol

  1. 1. BIG BABOL April 23, 2017 Report on: REVITALIZING BIG BABOL Submitted to EMRAN MOHAMMAD Lecturer Department of Marketing and International Business North South University Submitted by Group name: WOW Section: 05 Course: MKT465 Name ID IFFATH MAHJABEEN IQBAL 142 0272 030 FAIRUZ AHMED 1330930630 AL EMRAN NOMUN 1410697630 SAMIUL ISLAM 1411313630 REZWAN AL SABAB 14200590030
  2. 2. BIG BABOL April 23, 2017 Acknowledgement This report was made possible by the contribution of our hard working group members. They spent hours discussing the parts of this report, spent a couple of sleepless nights trying to enrich this report with as much information as possible, precisely presenting the information. Next, we’d like to thank our instructor Mr. Emran Mohammad (EMD), for providing us such an interesting project. Firstly, we would like to thank our instructor to allow and support us to work on this project. Firstly we are thankful to him that has assigned us such an interesting project to work on. This has given us the opportunity to implement what we learn in brand management so far. Working after this assignment has boosted our skills in developing revitalization plans and presenting the ideas. However, we, the group members, would like to express our gratitude to the above people for their help and support in every step and turn of this report. Without these great people our report wouldn’t have been where it is today.
  3. 3. BIG BABOL April 23, 2017 EXECUTIVE SUMMARY This report is about revitalizing the brand BIG BABOL. At first we have shown some survey reports about our brand . Then we have done a detailed research on the target market segmentation , direct & indirect competitors of big babol. The market overview and CBBE model of this brand has been explained very briefly and following that we have given the brand elements along with the brand associations . The logos , character slogan and packaging has been mentioned in the brand element section briefly. At last we have revitalized the brand using 4P’s of marketing mix which are product, place, price and promotion. In promotion we have tried to cover IMC too. Thus we have successfully revitalized the brand BIG BABOL.
  4. 4. BIG BABOL April 23, 2017 TABLE OF CONTENT 1.Company overview .2Why Big Babol? 3.Target market segmentation 4.Competitor analysis 5.Market Overview 6.CBBE Model 7.Brand elements 7.1. Brand name 7.2. Brand Associations 7.3. Logos & symbol 7.4. Characters 7.5. Slogan 7.6. Packaging 8. Revitalizing Big Babol 8.1. Product 8.2. Place 8.3. Price 8.4. Promotion 8.5. IMC a) Television b) Print Media c) Internet and Social Media 9. Conclusion & References
  5. 5. BIG BABOL April 23, 2017 Company Overview: Big Babol is a product if Perfetti Van Melle Pvt. Ltd. which was establish on 1900. They are one of the largest manufacturer and distributor of confectionary and chewing gum throughout the world. They produce imaginative products or brands, which are enjoyed in over 150 countries. In 1970’s PVM start to produce several candy and gum brands. Big Babol is one of those brands. Since Big Babol was introduced, it has been favorite among children around the world. It was available in mouth-watering fruit flavor. It has no rivals when it comes in the market. It is now available in India, Italy, Turkey, Russia, China, Indonesia and Vietnam. Once it was available in Bangladesh also, but it is no longer available now. WHY BIG BABOL? We choose Big Babol for our revitalization plan. Now the question is why we choose Big Babol? We conduct a very short survey about Big Babol Chewing Gum. The first question to respondents was do they know about Big Babol or not. The 100% respondents said they know. The second question was do they like it. More than 90% said they like Big Babol. We asked our respondents that is it available or not in their nearby shop. More than 60% said it’s not available in their nearby shop and 38% said it’s available. Big Babol is not available in every place like before. Though it’s not available in everyplace, we asked our respondents that do they want Big Babol available in their nearby shop. 75% of our respondents said yes, they want this chewing gum in their nearby shop. At the end of our survey we asked our respondents
  6. 6. BIG BABOL April 23, 2017 to rate Big Bable according to their previous experience. More than 42% it 5 out of 5 as best and 38% rate it 4 out of five. So from our survey we can clearly see that Big Babol is a well-known chewing gum among the consumers. But it’s not available from last few years. The consumers also want it in their nearby shop. For this reason, we are thinking if we revitalize it little differently, we will successfully grad our target market again.
  7. 7. BIG BABOL April 23, 2017
  8. 8. BIG BABOL April 23, 2017 Target market segmentation: The target customers are both kids and young adults. Our target market also includes people who belong to middle-middle and upper-middle class families as confectionary items especially chewing gums are normally luxury items. We are usually following undifferentiated marketing strategy to target our consumer; the analysis of the profile of the target market is discussed below- Geographic: Location: for location we are targeting both urban and sub urban places. Demographic: Age: The age range of our target consumer is 5-35 years old young adults. Occupation: we did not target a population with any specific occupation. However, their personification was a person of such a group who is engaged in fun activities. Income: As we are targeting both kids and young adults, it can be comprehended that we have targeted a group with not so high income. However, Big Babool has emphasized more on the lifestyle and behaviour of consumers rather than their income. We believe that Big Babool is quite affordable for our target market because of the reasonable pricing. Psychographic: Lifestyle: we have also focused on our customer’s lifestyle in product, advertising and packaging. We have tried to target people who are stylish, fun loving and young at heart. Personality: The customers of the Big Babool are mostly fun oriented people which include especially the experiences. The target groups may have fun loving personalities who is clear both inside and outside, who think easily and can also express easily through Big Babool.
  9. 9. BIG BABOL April 23, 2017 Competitor Analysis: Every business has both direct and indirect competitors. A direct competitor is brands that offers the same product within the same category & satisfy the same need. An indirect competitor is brands that offer different products from different category but satisfy the same need. As for Big Babool, we have direct and indirect competitors under the same parent company and in the current market. Competitors under parent company Direct competitors Indirect competitors Center fruit Mentos Center fresh Juzt Jelly Competitors in current market Direct competitors Indirect Competitors Extra Tic Tac Orbit Polo Spout Pran bubble Gum & Atom gum MARKET OVERVIEW:
  10. 10. BIG BABOL April 23, 2017 CBBE MODEL:
  11. 11. BIG BABOL April 23, 2017 Brand Elements of Big Babol: BRAND NAME: The brand elements are trade mark able devices that serve to identify and differentiate the brand. The name od the Brand BIG BABOL is descriptive in nature because it gives us the idea of the benefit and features of the Bubble Gum. The Brand Mantra of BIG BABOL is given below: Brand Name Emotional Modifier Descriptive Modifier Brand Functions Big Babol Fun Family Food The brand associations of Big Babol is what people perceive in their minds about The brand. What are the things that can be related with Big Bubble so that it can become a strong brand which will have : 1) Brand Identity so that consumers can recognize the brand 2) Brand Meaning so that consumers can understand what are the brand assosiations which can be both functional and emotional in nature. 3) Brand Responses so that consumers can give positive feedback , response perceptions about the brand. 4) Brand Relationship so that consumers can connect with the brand and build an emotional bond with the brand The brand associations will ensure the brand retention in the minds of the consumers about Big Babol.
  12. 12. BIG BABOL April 23, 2017 LOGOS & SYMBOL: The Logo is a HYBRID LOGO. It is Pink and blue with a picture of bubble and a little bit of white. The logo gives us a feeling of cheerfulness and joy. Characters: We will introduce a new Character for our Big Babol which is “BLUE GENIE” . This is a part of our revitalization strategy. This character will create more Likeability for our brand and will also help to enhance the visibility due imagery of the brand. It will also enforce human values and characteristics than other elements which will make it more attention grabbing. It will provide licensing properties too. And The BLUE GENIE also has an IN DEPTH connection with our SLOGAN because BLUE GENIE will fulfill wishes of others and our BIG BABOL will also help to fulfill wishes of its consumers through words. Big Babol CHILDISH LIKABLE CHEERFUL FUN
  13. 13. BIG BABOL April 23, 2017 SLOGAN: “ MAKE YOUR WORDS COME TRUE” This slogan is also a part of our revitalization strategy. We will run a campaign in which we will try to establish this idea that BIG BABOL will help you to convey your message to your loved ones. PACKAGING: This is our major POD ( POINT OF DIFFERENCE ) in our Revitalization strategy compared to other competitors in the market. We have tried to create a DIFFERENTIATION in case of packaging our bubble gum which will be liked by all and also cost effective. We will have two new packaging of our bubble gum BUBBLE BALL PACKAGING: First one is a pink shaped bubble ball with a letter encrypted on the surface. On opening the pink ball there will be a bubble which will be radium made so it will illuminate and inside there will be bubble gums. This packaging is a symbol of light and happiness in our life because we have our loved ones in it.
  14. 14. BIG BABOL April 23, 2017 This one is made of pink hard plastic which can be opened from the upper portion of it. This plastic is very cheap and it will not cost more than 4taka on each ball packaging.
  15. 15. BIG BABOL April 23, 2017 Inside the bubble there will be a radium made squishy transparent ball which is called “ Bowls of light” inside which there will be our circle shaped bubble gum. This packaging will attract a lot of customer attention as it is a very appealing and beautiful . You can make your loved one feel very special with this bubble ball as they will illuminate in dark place and you can give them a surprise by arranging different letter balls in a place and let them figure out what you want to tell them. LOVE FOR ALL PACKAGING: The Second packaging will be like an envelope with a letter encrypted on it .This packaging is name “love FOR ALL” . It is a symbol to express your feelings toward your loved ones. Through this envelope of different letters you can actually make a sentence and give it to your loved ones to figure that out by themselves. It will make the whole process interesting and fun.
  16. 16. BIG BABOL April 23, 2017 REVITALIZING BIG BABOL: For revitalizing BIG BABOL we will focus on the 4P’s of marketing mix which are namely: 1) PRODUCT 2) PLACE 3) PRICE 4) PROMOTION PRODUCT: In product we will have variation in only shapes but the flavor and the taste of the bubble gum will remain the same to create the nostalgic effect when they chew the gum to remind them of their childhood memories. There will be two different shapes of bubble gum. Inside the bubble gum packaging there will be circle shaped bubble gums. Inside the love for all packaging there will be rectangular shaped bubble gums.
  17. 17. BIG BABOL April 23, 2017
  18. 18. BIG BABOL April 23, 2017
  19. 19. BIG BABOL April 23, 2017 PLACE/ DISTRIBUTION: In case of place or distribution system we will create our own self managed distribution system to control our own product quality management and services. Eliminating the intermediaries in between manufacturer and consumer will help us to reduce our cost to a great extent. It will also help us to maintain and on time service with less complications and quality deterioration. In the picture mentioned below we will follow the method (C ) of DISINTERMEDIATION. Manufacturer own self managed distribution channel consumer
  20. 20. BIG BABOL April 23, 2017 In addition to this we will set up our own store named “ BUBBLICIOUS LAND” where there will be a BIG BABOL BOOTH and a RIDE in a BIG PLASTIC BUBBLE BALL which is a totally brand new concept for BANGLADESHI customers. For riding the BUBBLE BALL in a PASTIC POOL of water the consumer need to buy a BOX of BIG BABOL worth BDT 100. Then they can ride the BIG BUBBLE RIDE. This is not costly at all because the ball is made of plastic and the pool is made of plastic too. So with very low investment we can increase our brand equity to a great extent. And the consumers can also record the videos of bubble ride and upload it on the facebook page to get free gifts every month for the most shared videos on the BIG BABOL facebook page.
  21. 21. BIG BABOL April 23, 2017
  22. 22. BIG BABOL April 23, 2017 Price: As we are producing and distributing through our own channel of distribution the cost of intermediaries will be compromised. So our cost will be low though our quality of packaging is very good. And we will provide three price offerings to our customers so that customers can buy whichever they prefer. Packet Design Price Mini pack 1 piece for 2 taka BUBBLE BALL PACKET 10 pieces for 20 taka LOVE FOR ALL PACKET 10 pieces for 20 taka Promotion: We will primarily use three basic promotional tools which are: 1) Advertising 2) Event and Sponsorship 3) Interactive Marketing In case of advertisement we will use 3D billboard ads,print ads, promotional air balloons of big babol and we will also make an ad for tv which will be story based containing a message.
  23. 23. BIG BABOL April 23, 2017
  24. 24. BIG BABOL April 23, 2017 Event and Experiences: The BUBBLICIOUS LAND will act as a tool for our event arrangement and we will also share their experiences online during any big events on our park which will create a buzz in the market. Interactive marketing:
  25. 25. BIG BABOL April 23, 2017 They can get their Big Babol from a Vending machine by paying the money.and also record their experiences regarding big babol in that machine.. Those videos will be posted in facebook. Best video makers on the basis of likes and shares will get a price of BDT10,000 at the end of the month which will be posted on facebook page of Big babol. IMC:
  26. 26. BIG BABOL April 23, 2017 Conclusion: We have utilized all the necessary elements to revitalize the brand “BIG BABOL”. If it follows all the 4P’s of marketing mix and concentrate on Bangladesh market a bit more and run all the campaigns of IMC and actively engage their brand in the minds of the consumer then they can regain their lost position in the market within no time. References: (www.google.com) (www.bigbabol.com) (vinci con big babol) Works Cited vinci con big babol. (n.d.). Retrieved from perfetti van melle italia: www.premieconcorsi.com/contest.php?CID=11039 www.bigbabol.com. (n.d.). Retrieved from www.bigbaol.com. www.google.com. (n.d.). Retrieved from www.bigbabol.com. Bibliography vinci con big babol. (n.d.). Retrieved from perfetti van melle italia: www.premieconcorsi.com/contest.php?CID=11039 www.bigbabol.com. (n.d.). Retrieved from www.bigbaol.com. www.google.com. (n.d.). Retrieved from www.bigbabol.com.
  27. 27. BIG BABOL April 23, 2017

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