Title: California Milk Processor Board (Branding a Commodity)
1California Milk Processor Board (Branding a
Commodity)
- Presented By
- Namrata Dutt 25
- Narayan Kumar 26
- Preetika Anand 28
- Puneet Puri 30
- Rahul Soni 32
2Presentation Flow .
- Backdrop
- Problems Challenges
- Consumer Association with milk
- Implications on Brand Equity
- Got Milk Campaign
- CMPB Marketing Program
- Evaluation
- Strengths Weaknesses
- Next Steps
3Backdrop
- 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
5Beverages
Beverage
Flavoured
Water
NonAlcoholic
Alcoholic
Distilled Spirits
Juices
Milk
Wine
Hot Beverages
Soft Drinks
Beer
6Question 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?
7Consumer 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
8Implications of Associations
Resonance
Feelings
Judgments
Imagery
Performance
Brand Salience
Salience
9Question 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?
10Old 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
11New 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
12New 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
13New 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
14Question 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 ?
15Evaluation - 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
16Brand 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
17Strengths 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)
18Next 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
19Thank You