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Flavored Bread
Introduction:
Blue Duck Bread is the first company
concerning with the manufacturing of the
flavored bread.
Blue Duck Bread is a name that has come
to signify quality and freshness in bread
products.
Bread Innovation:
Our
Market Segmentation:
Effort to increase a companys precision
marketing. We have done the segmentation on the
basis of the following variables:
Geographic
Demographic
Psychographic
Behavioral
Geographic :
Divide Rawalpindi, Islamabad in different
segments according to areas, states, regions and
markets. E.g. D-ground, medina town.
Demographic:
Divide people according to Age, Income, Social
Class, Occupation and their life cycle.
Psychographic:
To analyze the psyche of the people of
Rawalpindi, Islamabad we divide them in social
class, life style and personality .
Behavioral:
Behavioral segmentation divides buyers into groups
based on their knowledge, attitude, uses or responses to
products. In Rawalpindi, Islamabad we see the behaviors of
people with the help of the questionnaire.
Targeting:
Income Group:
We will be targeting all income groups who should
afford easily.
It will not discriminate between income groups.
Youth:
A huge potential market for this bread it lies
with youth whom we will be Specifically
targeting road shows to be held as part of the
Add Color campaign.
Travelers:
Positing Strategies:
Positioning is what the customer
believes about your products value,
features, and benefits.
By benefits:
Through positioning we will tell our customer
how many benefits they can get from our
product.
By use or application:
The different tastes from the ordinary bread. Use it
with butter or eat the simple loaf.
By user:
By price or quality:
Blue Duck wants you to believe that their flavor
bread is of the highest quality Positioning is
what the customer believes
By Values:
We will also position our product on the basis
of customer values. Like this, if you want to
look healthy then use Blue Duck bread.
Product Review:
Company Name:
Blue Duck & Co.
Product Name:
Blue Duck
Bread
Logo:
Ingredients:
Flour
Water
Salt
Yeast
Sugar
Cooking Oil
Emprovel
Flavor
Preservatives:
Calcium propionate
Calcium acetate
130 kg
6 kg
2 kg
2 kg
240 gm
250 gm
100 gm
62 liters
as per requirement
Flavor
Strong bones
8 hours energy
Vitamin A & D
Quite notorious
Features:
Blue Duck bread has different
flavors
Make the bones strong
Repair the dead tissues of the body
Source of creating blood
Enriched with vitamin A & D
Glow the body & skin
Reduce fat & Carbohydrates
Competitors:
Indirectcompetitor:
Different cakes
Biscuits
Cookies
Pastries
SubstituteCompetitors:
A substitute competitor is any competitor that fills the same
buyer need you fill but fills it in a different way. The substitute
competitor of Flavored Bread is:
Dawn Bread
Wonder Bread
Cakes and Bakes
Different Bakery Breads
Vita Bread
Distribution Channels:
Our distribution channels in
Rawalpindi, Islamabad are:
Bakeries
Supper stores
Departmental stores
Marts and edible market stores.
We mainly focus on the retailers & Bakeries because
they are the only source which delivers our product to
the final consumer.
Pricing strategies:
We will adopt the following
pricing strategies to set the price
of our product:
Marketing Skimming
Cost-plus pricing Method
Marketing Skimming:
Blue Duck is using Price skimming strategy. It is a pricing
strategy in which a marketer sets a relatively high price
for a product or service at first, and then lowers the price
over time.
Quantityin
pieces
PriceinRs.
Blue Duck
Bread
Blue Duck
Bread
8 piece
Rs. 32
14 piece
Rs. 45
18 piece
Rs. 65
Blue Duck
Bread
Pricing Objectives:
Market share leadership
Product Quality Leadership
Media Vehicle:
The print and electronic medium employed in an
advertising campaign used by Blue Duck is as follow:
ELECTRONICMEDIA
PRINTMEDIA
Tv
Ptv
Radio
Fm101
Newspaper
Thenews
Magazines
Youngworld
billboard
M-taxchock
Geotv
Fm103
Jang
D-ground
Atv
Fm90
Dawn
Ary
Fm89
Express
Sunday
magazine
Akhbar-ejahan
Family
magazine
Harriyaan
walachock
GeneralBus
standchock
Millatchock
Madinatown
Promotional Material:
Pointofsale(POS)Terminals:
Blue Duck has place different check out
counters in big general stores like
AL-FATEH
ParticipationinTradeFairsand
Exhibitions:
Blue Duck has stalls in the different Exhibitions held in
different schools, universities and cities. Where they
sell and tell the consumers about the product that is the
flavor bread.
SWOT Analysis
Strengths:
Our ability to produce options keeps more consumer
interest and needs met.
Our new production technology will enable us to mass
produce products more efficiently and quickly than other
old companies.
Our new taste will attract many such type of consumers
who are taste changer
New product innovation in local area. So it will attract
the people of local area.
No specific Competitor
Weaknesses:
No brand recognition our name in baking industry is new so
most of people are not familiar with Blue Duck Bread.
No separate outlet as we have not enough finance to
construct our separate outlet.
No customer orientation in local areas, as we newly
introduce in Rawalpindi, Islamabad so customer are oriented
in the brand.
The more flavor we create the production cost will increase.
At starting we will not have as such trained staff that has
such market experience.
Threats:
New product may people dont accept it.
There are large companies who have brand loyal customers
providing the market with not exactly similar but milky and
other breads.
Switching brand loyal consumers to a smaller and newer
company.
There is open market everywhere means any new company
or existing ones can start the same production that may have
more experience or more qualified staff.
Imitation by existing bakeries, May try to copy it.