California Milk Processor Board (Branding a Commodity) - PowerPoint PPT Presentation

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California Milk Processor Board (Branding a Commodity)

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Presented By Namrata Dutt 25 Narayan Kumar 26 Preetika Anand 28 Puneet Puri 30 Rahul Soni 32 Presentation Flow . Backdrop Problems & Challenges Consumer ... – PowerPoint PPT presentation

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Title: California Milk Processor Board (Branding a Commodity)


1
California Milk Processor Board (Branding a
Commodity)
  • Presented By
  • Namrata Dutt 25
  • Narayan Kumar 26
  • Preetika Anand 28
  • Puneet Puri 30
  • Rahul Soni 32

2
Presentation Flow .
  • Backdrop
  • Problems Challenges
  • Consumer Association with milk
  • Implications on Brand Equity
  • Got Milk Campaign
  • CMPB Marketing Program
  • Evaluation
  • Strengths Weaknesses
  • Next Steps

3
Backdrop
  • Dairy Industry Stakeholders
  • Farmers
  • Processors
  • Retailers
  • CMPB Formation (1993)
  • Milk consumption declined (70s 80s)
  • Beverage Category
  • Total growth of 18 (70s 80s)

4
(Q.1) Problems Challenges
  • Stakeholders
  • Conflicting Objectives
  • Competitive nature of Processors
  • Fund Raising
  • Decline
  • In Milk Consumption
  • In Profit
  • In Milks market share in beverages market
  • Competitors
  • Bigger Campaign budgets
  • Brand focused Marketing
  • Strong Brand Associations
  • Coke
  • Snapple
  • Commodity Marketing
  • Mostly Pull Strategy
  • Changing Category Attitudes
  • Cross Elasticity of Demand
  • Target of Community Activist
  • Limited Budgets

5
Beverages
Beverage
Flavoured
Water
NonAlcoholic
Alcoholic
Distilled Spirits
Juices
Milk
Wine
Hot Beverages
Soft Drinks
Beer
6
Question 2
  • A. What associations do consumers have for milk?
  • B. What are the implications of these
    associations in terms of building brand equity
    for and increasing the consumption of milk?

7
Consumer Associations
  • User Imagery
  • Children
  • Adults / Teenagers
  • Baby beverage outside the home

Usage Imagery -Taken at Home - Complements other
food types
  • Product-Related Attributes
  • Not thirst quenching
  • Lack of flavour
  • Milk is White Sold in Gallons

Brand Personality - Dull Boring
MILK
  • History Heritage
  • Nostalgia
  • Ritual
  • Functional Benefits
  • Nutritious
  • Calcium Rich

Experiential Benefits Filling Drink
Harmful
8
Implications of Associations
Resonance
Feelings
Judgments
Imagery
Performance
Brand Salience
Salience
9
Question 2
  • A. What associations do consumers have for milk?
  • B. What are the implications of these
    associations in terms of building brand equity
    for and increasing the consumption of milk?

10
Old Marketing Campaign
  • Milk Does a Body Good Campaign
  • Displayed target group drinking milk
  • Emphasis on Nutrients and benefits
  • Milk was shown without food
  • Generated positive attitudes towards milk

11
New Marketing Campaign Building Brand Equity
  • Objectives
  • Change Consumer Behaviour Increase Brand
    Breadth
  • Make Consumers think about milk Refine Brand
    Image
  • Halt Sales Decline
  • Target Market
  • Regular / Loyal users of Milk (70)
  • Behavioral Segmentation When Where consumers
    drink Milk
  • Identify fresh insights of the target consumer
  • FGDs / Experiential Results

12
New Marketing Campaign Building Brand Equity
  • Got Milk Campaign Creativity at its Best
  • Deprivation Strategy Food was shown without Milk
  • Sell ? Food MILK
  • Entertain but sell (FunnyRelevant)
  • Treat the consumer with respect Get Milk or GOT
    MILK !
  • Brand Signature Got Milk ?
  • Longevity of the Campaign
  • Making Milk look cool
  • Co-branding

13
New Marketing Campaign Building Brand Equity
  • Integrated Communication Strategy
  • Priming purchases at PoS
  • Billboards
  • Bus Stop ads
  • Got Milk checkout dividers
  • PoP displays
  • Got Milk stickers on bananas etc.
  • Media Strategy
  • 3 ideal times to communicate
  • On the way to the store
  • In the store
  • At home
  • Synchronization of TV ads consumption timings
  • Breakfast, late afternoon, late evening

14
Question 3
  • A. Evaluate the CMPB marketing program ?
  • B. What do you see its strength weaknesses ?
  • C. Would you do anything differently ?
  • D. What would be their next steps ?

15
Evaluation - Got Milk Campaign
  • 6 increase in no of milk consumers. Changing
    consumer behavior
  • 1.07 increase in Sales Volume Sales Increase
  • Ads - 60 Aided Recall within 3 months Making
    Consumers Think about Milk
  • Licensing of Got Milk? National Dairy
  • Advertisement of the Year Effie Award 1995

16
Brand Value Chain
  • Marketing Program Investment
  • Integrated Campaign
  • Got Milk
  • 23m Investment
  • Customer Mindset
  • Aided Recall 60
  • SFUs Assoc
  • ? Brand Breadth
  • Market Performance
  • Growth 1.07
  • MoM Growth 6
  • ? in weekly household consumption
  • Shareholder Value
  • 1 Bn
  • (Brand Goodwill)

Program Quality
Marketplace Conditions
- Clearly Communicated (Clarity) - Relevance -
Deprivation Strategy (Distinctive) - Consistency
Investor Sentiment
-Market Dynamics -Growth Panel -Risk
Profile -Brand Contributions
-Competitive reactions -Channel Support -Customer
size Profile
17
Strengths Weakness
  • Collaborative Marketing
  • Marketing with complementary foods
  • Right Target Customers
  • Partnership with ad agency
  • Extremely creative campaign
  • Integrative Marketing
  • Television
  • Billboards
  • Memorable and inspiring brand slogan and
    signature
  • Got Milk? Iconic Status
  • Non Milk drinkers were not targeted (Weakness)

18
Next Steps
  • Invest in RD
  • Extend expiration date
  • Expand number of Flavors
  • Channel Expansion
  • Target Latino Market
  • Heavy Users with ve attitude
  • Largest growing section
  • Licensing
  • National Dairy Program
  • Other Countries
  • Co-Branding
  • Brand Extension

19
Thank You
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