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MARKETING STRATEGY OF
KRITHIKA SHETTY				208 HRISHIKESH CHUMBLE			190 AMIRTHA SUNDARAM			183 AMBAR KADAM				204 REVAN MENKUDALE				212 MILIND NAIK					219 POONAM POPAT				225 RAKESH RAJDEV				227 TEAM MEMBERS
INTRODUCTION ITC is one of India's foremost private sector companies. The market capitalization is nearly US $ 22 billion and a turnover of US $ 6 billion. The company is currently headed by YogeshChanderDeveshwar.
INTRODUCTION (CONTD…) It is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by Business World and among India's Most Valuable Companies by Business Today.
HISTORY ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited.  The name was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then to I.T.C. Limited in 1974.  The Company's headquarter building, 'Virginia House‘ is located in Kolkata, India
VISION AND MISSION STATEMENT
Indian Snacks Industry ,[object Object]
Worth Rs 100 billion in value and over 4,00,000 tonnes in terms of volume
Growing around 10% for last three years
Branded segment is growing around 25% per annum
Major players in branded segment include Frito Lay and Haldirams
Potato based snacks constitutes the largest segment of the industry,[object Object]
About ,[object Object]
Aim to capture 25% market share
Challenge to the monopoly of Frito Lays
Includes an array of products in both Potato Chips & Finger Snacks segment,[object Object]
Taste: Came up with 16 Innovative Flavors
Traditional Segment
Western Segment
Finger Snacks Segment,[object Object]
TARGETING (Choosing a specific segment for the campaign) SEGMENTATION (Breaking down a diverse market into homogenous groups) POSITIONING (Designing a distinctive message to appeal to the targeted segment)
On what basis can a market be segmented ? DEMOGRAPHIC ,[object Object]
Income
Gender
Occupation
EducationPSYCHOGRAPHICS ,[object Object]
AIO(attitudes, interest, opinion) USAGE PATTERNS ,[object Object]
Medium
Light
BUYING BEHAVOR
Initiator
Evaluator
Decision maker
Purchaser,[object Object]
TARGETING 20-35 Years Outgoing, Fun Loving,  Bindaas Demographic Age Group Attitude / Behavior Plain Salted Spicy /  Red Chilly  Mustard Sting  Nimbu   Spicy                 Zones  & Taste
POSITIONING Youthful positioning ,[object Object]
    Variants in flavors as youth are     experimental, like Achaari masti, Chatkila nimbu achaar, Red chilly dhamaka
     Utilized the concept of “CROWDSOURCING” for Bingo Mad Angles,[object Object]
What’s in my name ?? (brand name) Exclamation  Mark Trendy and Fun Catchy Recallable Easy to Pronounce
Who am I?? (Brand identity) ,[object Object]
A youthful, fun and colorful brand
 Unique shapes
 Easy punch line,[object Object]
Pictorial view of the flavour
Names provided to various variants,[object Object]
Marketing Strategies
 Product Strategy of
Product Strategy of

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Bingo final

  • 2. KRITHIKA SHETTY 208 HRISHIKESH CHUMBLE 190 AMIRTHA SUNDARAM 183 AMBAR KADAM 204 REVAN MENKUDALE 212 MILIND NAIK 219 POONAM POPAT 225 RAKESH RAJDEV 227 TEAM MEMBERS
  • 3. INTRODUCTION ITC is one of India's foremost private sector companies. The market capitalization is nearly US $ 22 billion and a turnover of US $ 6 billion. The company is currently headed by YogeshChanderDeveshwar.
  • 4. INTRODUCTION (CONTD…) It is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by Business World and among India's Most Valuable Companies by Business Today.
  • 5. HISTORY ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited. The name was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then to I.T.C. Limited in 1974. The Company's headquarter building, 'Virginia House‘ is located in Kolkata, India
  • 6. VISION AND MISSION STATEMENT
  • 7.
  • 8.
  • 9.
  • 10. Worth Rs 100 billion in value and over 4,00,000 tonnes in terms of volume
  • 11. Growing around 10% for last three years
  • 12. Branded segment is growing around 25% per annum
  • 13. Major players in branded segment include Frito Lay and Haldirams
  • 14.
  • 15.
  • 16. Aim to capture 25% market share
  • 17. Challenge to the monopoly of Frito Lays
  • 18.
  • 19. Taste: Came up with 16 Innovative Flavors
  • 22.
  • 23. TARGETING (Choosing a specific segment for the campaign) SEGMENTATION (Breaking down a diverse market into homogenous groups) POSITIONING (Designing a distinctive message to appeal to the targeted segment)
  • 24.
  • 28.
  • 29.
  • 31. Light
  • 36.
  • 37. TARGETING 20-35 Years Outgoing, Fun Loving, Bindaas Demographic Age Group Attitude / Behavior Plain Salted Spicy / Red Chilly Mustard Sting Nimbu Spicy Zones & Taste
  • 38.
  • 39.
  • 40. Variants in flavors as youth are experimental, like Achaari masti, Chatkila nimbu achaar, Red chilly dhamaka
  • 41.
  • 42. What’s in my name ?? (brand name) Exclamation Mark Trendy and Fun Catchy Recallable Easy to Pronounce
  • 43.
  • 44. A youthful, fun and colorful brand
  • 46.
  • 47. Pictorial view of the flavour
  • 48.
  • 52. Pricing Strategy SKU’s priced Rs 5, Rs 10, Rs 20 Recently launched Rs 3 SKU of Kurkure Consistent with competition
  • 53. Promotional Strategy of “Chala Change Ka Chakkar” “Chai Time Achievers” Posters at unconventional retail points Brand Ambassadors
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  • 59. Promotional Strategy of Launched during World Cup 2007 Slapstick humor & Irrelevant theme Blitz Krieg promotion Bingo National Gaming Championship
  • 60. Distribution Strategy of Well established network
  • 61. Distribution Strategy of Manufacturing plants in Punjab and Pune Aims at investing Rs. 20 crore
  • 62. Distribution Strategy of Well established network Distribution Strategy of
  • 63. Distribution Strategy of POS material Retailers Alliance with Future Group
  • 65. Viral Marketing Content that encourages people to pass on the message is referred as ‘Viral’ and the strategy is called as ‘Viral marketing’. Induces Web sites or users to pass on a marketing message to other sites or users. It can be done through buzzwords, word of mouth and viral video etc.
  • 66. Trickling DOWN Approach Trickle IN Approach
  • 67. 5 basic principals of Viral Marketing Giving away products or services. Making people feel something. Doing something unexpected. Using existing communication networks. Allowing effortless transfers and never to restrict access.
  • 68. Methods Internet Search Engines & Blogs. Social Media Interconnectivity Television & Radio Multiple forms of Print and Direct Marketing Customer Participation & Polling services SMS
  • 69. Viral Video A viral video is one that becomes popular through the process of internate sharing and email. It often contains humorous content and include televised comedy sketches. A viral video is any video that's passed electronically, from person to person, regardless of its content.
  • 70. Viral marketing at Bingo ITC's Bingo has always been known for their adoption of different kind of advertising strategy. They have launched a new viral developed by Contests2win. It is in essence a spoof on the long winding saas bahu soaps on T.V.
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