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Lunch tym
becomes a
Snack tym Sivabakkiyam
Geetha
Naveen
Mathivanan
Sivasubramanian
Market Survey
Low level
• Petty shops (gandhinagar, Adyar, Anna nagar)
• Murugan grocery store(Anna nagar), sakthi provisional store(gandhi nagar),
kumaran store(Anna nagar)
Medium level
• Big bazar(Phoenix ma), Relaince mart (sky walk), kannan departmental
store(Namakkal)
Premium
• Nilgiris supermarket(perambur), Relaince fresh(T nagar), Spencers(Gandhi nagar)
International
• British corner shop, Giant eagle, Healthkart.
2
3
22%
66%
7% 5%
Meal replacement categories
RTE
RTC
BARS
HEALTH MIX OR DRINKS
Idea generation through brain storming and Screening
 Bar made from vegetable
powder
 Nutri ladddu
 RTE amla rice
 Proance
 Optibar
 RTE frankie roll
 Fiber rich noodles
 RTE vegetable sandwich
 Idli briyani
 Rice flour rotti
4
Proance
Serve as your wish
hot or cold
wholesome nutritious meal which brings the tradition at door step…
Rich in fiber with vegetable toppings…
0
10
20
30
40
50
60
70
likeness novel meal price
Testing result
>40
16- 40
<16
6
Optibar
It’s a meal not a snack!!!! 
7
Simple bar for a simple meal!!!!!...
Convenient crunchy bar with
benefits of diet cereals and palm
jaggery….
0
10
20
30
40
50
60
likeness novel meal price
Testing result
20 - 30
<16
> 50
30 - 45
8
9
Convenient… Provide
restaurant delicacy for Busy
people…
0
10
20
30
40
50
60
likeness novel meal price
Testing result
20 - 30
<16
> 50
30 - 45
10
Concept Result
Proance Optibar Stuff & Slice
Elder people liked most because of its
traditional ingredients
Attracted weight conscious target group,
and kids as a snack but not as meal
Appearance & Spiciness attract both
teenage & middle age
Taste was blank and digestible Palm jaggery tasted more sweet,
Ragi color is awful
All believe it as meal replacement
The crowned two!!!!!!
Parameters Proance Stuff & Slice
Color White to cream Light Brown
Surface Texture Granular Smooth
Size & Shape Liquid Food Cylindrical
Shine Glossy Glossy
Agglomeration Yes No
Taste Bland/cool Correct Blend
Nasal Feelings Cool Cool
Flavor Cool Cool
Texture
Characteristics
Viscous Smooth
Fat/ Moisture Nope Moist
Skin Feel Dense Easy
Geometrics Foamy Gritty
Feedback
Front panel
Mission Statement – STUFF & SLICE
Product description: Stuff & Slice is a Ready to eat food stuffed with vegetables
and slices to easy to eat
Key business or humanitarian goals: 3 months development, 50% cost margin
helps easy to full fill dinner or lunch in office/colleges
Primary market: corporates, IT industry
Secondary market: colleges, On the Go food, Restaurants
Assumptions: Meal replacement, less fat, Good taste, less shelf life
Stakeholders: Food court( IT company), Grocery shop, other companies, college canteen
Avenues for creative design: Roll shape, Crispy outside soft inside, less fat
Scope limitations: Limited nutrients, Shorter shelf life, Packaging
Market Strategy
Target Group
Age group of 25 – 45 includes single, Professionals
having > 40,000/m income and busy working people
Positioning
Provided with reasonable price that has nutritious,
innovative stuff targeted against working people in
the medium market.
19
Marketing Strategy
Marketing Mix
Price
Charged based on standard industrial practices
Distribution
By contacting dealers in the middle level market segment
Advertisement & Promotion
Through English Newspaper & also strategic relationship
developed with companies.
20
Sales Projection
-50
0
50
100
150
200
250
may - June July- Aug Sep- Oct Nov Dec
Return
Size(k)
Costing
 Price = 90 – 100/-
22
30%
32%
5%
8%
25%
Sales
Ingredient man power Equipment Packaging Margin
Business Analysis
ACTIVITY COST PER DAY TOTAL
2 chef 500x2=1000 1000x30 days=30000
1 QA 800 800X30 days =24000
2 Marketing exec 600x2=1200 1200x30 =36000
KITCHEN or Lab 300 300x30=9000
Initial PD cost 99,000
Cost incured Amount
PD – 3 months 99,000
Maintenance cost After launch 50,000
Plant installation 2000,000
Product manufacturing cost per month 70 * 5,000 = 3.5L
Total investment 25 L
Revenues
 Net profit per month 6.5 L
 If the sales follow this way, we will be getting back our investment in 4 months
Number of users
per day
Revenue per day Revenue per
month
Investment per
month
PROFIT
100 per IT park 100x100=10k 3 Lakhs 4 Lakhs 6.5 L
150 for other
Corporates
150x100=15k 4.5L
100 for Travelling 100x100=10k 3L
 Test marketing
 After product development , the product is going to test using CLT(Consumer Location
Test) – to know the product limitation against control.
 Product is also tested by HUT(Home Use test) – to consumer abuse of the product.
 Regulations(FSSAI)
 Preservatives
 Sorbic acid – max 1500 ppm
 Packaging material
 Flexible packaging material (PE) – easy handling & cost effective
 Al foil wrapped – barrier against moisture, oxygen.
Summary
Our final winning concept Stuff & Slice , a
neighbourhood nutritious ready to eat meal for
time conscious people….
Stuff & Slice will exceed the expectation of both
customer and manufacturer…
Thank you

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New product Development on meal replacement

  • 1. Lunch tym becomes a Snack tym Sivabakkiyam Geetha Naveen Mathivanan Sivasubramanian
  • 2. Market Survey Low level • Petty shops (gandhinagar, Adyar, Anna nagar) • Murugan grocery store(Anna nagar), sakthi provisional store(gandhi nagar), kumaran store(Anna nagar) Medium level • Big bazar(Phoenix ma), Relaince mart (sky walk), kannan departmental store(Namakkal) Premium • Nilgiris supermarket(perambur), Relaince fresh(T nagar), Spencers(Gandhi nagar) International • British corner shop, Giant eagle, Healthkart. 2
  • 3. 3 22% 66% 7% 5% Meal replacement categories RTE RTC BARS HEALTH MIX OR DRINKS
  • 4. Idea generation through brain storming and Screening  Bar made from vegetable powder  Nutri ladddu  RTE amla rice  Proance  Optibar  RTE frankie roll  Fiber rich noodles  RTE vegetable sandwich  Idli briyani  Rice flour rotti 4
  • 5. Proance Serve as your wish hot or cold wholesome nutritious meal which brings the tradition at door step… Rich in fiber with vegetable toppings…
  • 6. 0 10 20 30 40 50 60 70 likeness novel meal price Testing result >40 16- 40 <16 6
  • 7. Optibar It’s a meal not a snack!!!!  7 Simple bar for a simple meal!!!!!... Convenient crunchy bar with benefits of diet cereals and palm jaggery….
  • 8. 0 10 20 30 40 50 60 likeness novel meal price Testing result 20 - 30 <16 > 50 30 - 45 8
  • 10. 0 10 20 30 40 50 60 likeness novel meal price Testing result 20 - 30 <16 > 50 30 - 45 10
  • 11. Concept Result Proance Optibar Stuff & Slice Elder people liked most because of its traditional ingredients Attracted weight conscious target group, and kids as a snack but not as meal Appearance & Spiciness attract both teenage & middle age Taste was blank and digestible Palm jaggery tasted more sweet, Ragi color is awful All believe it as meal replacement
  • 13. Parameters Proance Stuff & Slice Color White to cream Light Brown Surface Texture Granular Smooth Size & Shape Liquid Food Cylindrical Shine Glossy Glossy Agglomeration Yes No Taste Bland/cool Correct Blend Nasal Feelings Cool Cool Flavor Cool Cool Texture Characteristics Viscous Smooth Fat/ Moisture Nope Moist Skin Feel Dense Easy Geometrics Foamy Gritty
  • 15.
  • 17.
  • 18. Mission Statement – STUFF & SLICE Product description: Stuff & Slice is a Ready to eat food stuffed with vegetables and slices to easy to eat Key business or humanitarian goals: 3 months development, 50% cost margin helps easy to full fill dinner or lunch in office/colleges Primary market: corporates, IT industry Secondary market: colleges, On the Go food, Restaurants Assumptions: Meal replacement, less fat, Good taste, less shelf life Stakeholders: Food court( IT company), Grocery shop, other companies, college canteen Avenues for creative design: Roll shape, Crispy outside soft inside, less fat Scope limitations: Limited nutrients, Shorter shelf life, Packaging
  • 19. Market Strategy Target Group Age group of 25 – 45 includes single, Professionals having > 40,000/m income and busy working people Positioning Provided with reasonable price that has nutritious, innovative stuff targeted against working people in the medium market. 19
  • 20. Marketing Strategy Marketing Mix Price Charged based on standard industrial practices Distribution By contacting dealers in the middle level market segment Advertisement & Promotion Through English Newspaper & also strategic relationship developed with companies. 20
  • 21. Sales Projection -50 0 50 100 150 200 250 may - June July- Aug Sep- Oct Nov Dec Return Size(k)
  • 22. Costing  Price = 90 – 100/- 22 30% 32% 5% 8% 25% Sales Ingredient man power Equipment Packaging Margin
  • 23. Business Analysis ACTIVITY COST PER DAY TOTAL 2 chef 500x2=1000 1000x30 days=30000 1 QA 800 800X30 days =24000 2 Marketing exec 600x2=1200 1200x30 =36000 KITCHEN or Lab 300 300x30=9000 Initial PD cost 99,000 Cost incured Amount PD – 3 months 99,000 Maintenance cost After launch 50,000 Plant installation 2000,000 Product manufacturing cost per month 70 * 5,000 = 3.5L Total investment 25 L
  • 24. Revenues  Net profit per month 6.5 L  If the sales follow this way, we will be getting back our investment in 4 months Number of users per day Revenue per day Revenue per month Investment per month PROFIT 100 per IT park 100x100=10k 3 Lakhs 4 Lakhs 6.5 L 150 for other Corporates 150x100=15k 4.5L 100 for Travelling 100x100=10k 3L
  • 25.  Test marketing  After product development , the product is going to test using CLT(Consumer Location Test) – to know the product limitation against control.  Product is also tested by HUT(Home Use test) – to consumer abuse of the product.  Regulations(FSSAI)  Preservatives  Sorbic acid – max 1500 ppm  Packaging material  Flexible packaging material (PE) – easy handling & cost effective  Al foil wrapped – barrier against moisture, oxygen.
  • 26. Summary Our final winning concept Stuff & Slice , a neighbourhood nutritious ready to eat meal for time conscious people…. Stuff & Slice will exceed the expectation of both customer and manufacturer…