Britannia Final
Britannia Final
the consumers view on the quality, cost and promotions of the Brand.
The suggestion given through this research will be helpful for the brand
OBJECTIVES:
HYPOTHESIS
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1. Market share of the Britannia Brand is more as compare to other
brands .
2. Marketing and promotional strategies of Britannia are effective .
3. Britannia is most preferred brand and consumer perception
towards the brand is positive.
RESEARCH METHODOLOGY
Secondary data
Primary data
4 3 2 1
b. Sample design
c. Statistical Design
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The analysis of the primary data is done using mean and
percentage method.
The data is represented by using Pie Chart
INTRODUCTION TO BRITANNIA
BOARD OF DIRECTORS:
Name Designation
Mr. Nusli Neville Wadia Chairman
Ms. Vinita Bali Managing Director
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Mr. A.K.Hirjee Director
Dr. Ajai Puri Director
Mr. Avijit Deb Director
Mr. Jeh N Wadia Director
Mr. Keki Dadiseth Director
Mr. Nasser Munjee Director
Mr. Ness Nusli Wadia Director
Mr. Nimesh N Kampani Director
Mr. Pratap Khanna Director
Mr. S.S.Kelkar Director
Dr. Vijay L. Kelkar Director
MANAGEMENT TEAM
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GAUTAM BANERJEE - General Manager - Materials
JEHANGIR TANKARIWALA - General Manager - Human Resources
R K AGRAWAL - Supply Chain Director for New Business Development
R S SUBRAMANIAM - General Manager - Manufacturing, Engineering
and Projects
R. ANAND - Business Operations Director
SHALINI DEGAN - Category Director - Delight & Lifestyle
T S VENKETRAM - General Manager - Manufacturing Development
VINOD MENON - Head - Dairy Business
Britannia saw the writing on the wall. Its "Swasth Khao Tan Man Jagao"
(Eat Healthy, Think Better) re-position directly addressed this new trend
by promising the new generation a healthy and nutritious alternative
that was also delightful and tasty.
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Thus, the new logo was born, encapsulating the core essence of
Britannia - healthy, nutritious, optimistic - and combining it with a
delightful product range to offer variety and choice to consumers.
Vision :
To dominate the food and beverage market in India with a
distinctive range of Tasty Yet Healthy Britannia brands.
Mission:
To dominate the food and beverage market in India through a profitable
range of Tasty Yet Healthy products by making every Indian a Britannia
consumer.
BRITANNIA IS A NUTSHELL:
The beginnings might have been humble-the dreams were anything but
by 1910, with the advent of electricity, Britannia mechanised its
operations, and in 1921, it became the first company east of the Suez
Canal to use imported gas ovens. Britannia's business was flourishing.
But, more importantly, Britannia was acquiring a reputation for quality
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and value. As a result, during the tragic World War II, the Government
reposed its trust in Britannia by contracting it to supply large quantities
of "service biscuits" to the armed forces.
As time moved on, the biscuit market continued to grow and Britannia
grew along with it. In 1975, the Britannia Biscuit Company took over the
distribution of biscuits from Parry's who till now distributed Britannia
biscuits in India. In the subsequent public issue of 1978, Indian
shareholding crossed 60%, firmly establishing the Indianness of the firm.
The following year, Britannia Biscuit Company was re-christened
Britannia Industries Limited (BIL). Four years later in 1983, it crossed
the Rs. 100 crores revenue mark.
Britannia strode into the 21st Century as one of India's biggest brands
and the pre-eminent food brand of the country. It was equally recognised
for its innovative approach to products and marketing: the Lagaan Match
was voted India's most successful promotional activity of the year 2001
while the delicious Britannia 50-50 Maska-Chaska became India's most
successful product launch. In 2002, Britannia's New Business Division
formed a joint venture with Fonterra, the world's second largest Dairy
Company, and Britannia New Zealand Foods Pvt. Ltd. was born. In
recognition of its vision and accelerating graph, Forbes Global rated
Britannia 'One amongst the Top 200 Small Companies of the World', and
The Economic Times pegged Britannia India's 2nd Most Trusted Brand.
India Biscuits Industry is the largest among all the food industries and
has a turn over of around Rs.3000 crores. India is known to be the
second largest manufacturer of biscuits, the first being USA. It is
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classified under two sectors: organized and unorganized. Bread and
biscuits are the major part of the bakery industry and covers around 80
percent of the total bakery products in India. Biscuits stands at a higher
value and production level than bread. This belongs to the unorganized
sector of the bakery Industry and covers over 70% of the total
production.
India Biscuits Industry came into limelight and started gaining a sound
status in the bakery industry in the later part of 20th century when the
urbanized society called for ready made food products at a tenable cost.
Biscuits were assumed as sick-man's diet in earlier days. Now, it has
become one of the most loved fast food product for every age group.
Biscuits are easy to carry, tasty to eat, cholesterol free and reasonable at
cost. States that have the larger intake of biscuits are Maharashtra, West
Bengal, Andhra Pradesh, Karnataka, and Uttar Pradesh. Maharashtra
and West Bengal, the most industrially developed states, hold the
maximum amount of consumption of biscuits. Even, the rural sector
consumes around 55 percent of the biscuits in the bakery products.
The total production of bakery products have risen from 5.19 lakh tones
in 1975 to 18.95 lakh tones in 1990. Biscuits contributes to over 33
percent of the total production of bakery and above 79 percent of the
biscuits are manufactured by the small scale sector of bakery industry
comprising both factory and non-factory units.
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OVERVIEW OF INDIAN BISCUIT INDUSTRY:
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BISCUIT BRANDS
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2009 New Prospects in the Indian Biscuit Industry
Major Players
Key Products Tiger, Good Day, Bourbon, 50-50, Treat, Milk Bikis,
Marie Gold, NutriChoice, Timepass, Little Hearts
Key Products : Parle - G , Hide and Seek ,Krackjack ,Hide & Seek
Milano ,Magix ,Digestive Marie ,Monaco ,Parle Marie ,Kreams ,Milk
Shakti ,Parle 20-20 Cookies ,Golden arcs ,Nimkin ,Kreams Gold
,Chox ,Monaco Jeera
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Surya Food & Agro Ltd : Manufacturing & selling of biscuits
under brand Priyagold. Company has three plants located in
Greater Noida, Lucknow & Surat. They also outsource some of our
requirements to another plant located in Hyderabad. Capacities
have reached 1, 50,000 MT p.a.
Key Products : Classic Cream , Butter Bite ,Kids Cream
,Bourbon ,Big Boss ,Marie Lite ,Magic Gold ,CNC ,Cheese
Cracker ,Snacks Zig Zag ,Don ,Coconut Crunch ,Cheez Bit Classic
Salt ,Chatpata
ITC Ltd : In July 2003, ITC forayed into the Biscuits market with
the Sunfeast range of Glucose, Marie and Cream Biscuits. Sunfeast
with a current market share of ~10% is now clearly established as
a credible third brand.
Key Products : Sunfeast Milky Magic ,Sunfeast Marie Light
,Sunfeast Golden Bakery ,Sunfeast Dark Fantasy ,Sunfeast Dream
Cream ,Sunfeast Snacky ,Sunfeast sweet 'n salt ,Sunfeast Nice
,Sunfeast Benne Vita Flaxseed Biscuits ,Sunfeast Special.
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THE BISCUIT SEGMENT OF BRITANNIA
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THE LAUNCH OF OTHER PRODUCTS BY BRITANNIA:
Flavour:TwistyFruity
Price and sizes: Rs. 15/- for 75 gm pack.
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2010 - Britannia Nutrichoice launches a New Year pack - the
Nutrichoice Health Starter Kit . Created for everyone who makes a
New Year resolution to become healthy and does not follow through
on it. The Health Starter Kit contains a range of healthy biscutis
-1pack each of Nutrichoice Hi-Fiber Digestive, Nutrichoice 5 Grain
and Nutrichoice Nature Spice Cracker. It also has a one week free
pass to Talalkars gym that entitles every consumer to one week
free trial of any Talwalkars (TBVF ltd) gym across the country.
In addition to this the pack also contains a Fit Sip Sipper and a
fitness chart. All this for only Rs 100.
NUTRICHOICE 5 GRAIN:
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for healthy eating options without as much making a compromise
on taste, or convenience, or health.
TIGER BANANA:
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IRON ZOR helps make mind sharper and body stronger. A Rs.4
pack has as much IRON ZOR as that in 1 kg of Banana.
NUTRICHOICE SUGAROUT:
We are sure that you will be pleasantly delighted with its great
taste and equally surprised to know that it has no added sugar.
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Don't be taken for a ride when you read "Sugar Free" label on many
biscuit packs marketed in India or abroad. Even with 100% no-
added sugar, wheat-cereals in biscuits have their own natural
sugar content. Britannia has chosen to represent these biscuits
with "No Added Sugar" claim, as there is no added sugar in the
processing of NutriChoice SugarOut.
In your next visit to a shop just look out for its Golden-green
international carton pack.
Try one and you'll know that you've made one smart choice
NutriChoice.
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All kids who have relished the yummy creamy treasures of
Britannia Treat in exciting flavors, have yet another reason to
celebrate! Britannia Treat launches the amazingly yummy Treat
Fruit Rollz!! These tasty soft rolls are filled with real fruits and
provide a healthy yet mouth-watering treat to the kids. Fruit Rollz
comes in four masti fruit flavours - Juicy Apple, Strawberry
Surprise, Tangy Orange and Delicious Dates!
Want to know a little secret? They make the best tiffin treats! So
during snack time what better than to munch on the delicious and
healthy Fruit Rollz and discover the yummy fruit flavor from within
the shells. Keeping up with Britannia's platform of 'taste bhi,
health bhi', Fruit Rollz is indeed a yummy snacking option for kids,
while keeping the Moms assured about the goodness provided by
the fruit filling.
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Milk Bikis, the favourite growth partner of Kids, now brings greater
value and delight to all with its new product and pack design.
Recently re-launched in its existing Southern & Eastern markets,
and extended across India, the new Milk Bikis is all set to add
excitement and appeal to nutritious food. Whoever said that good
food needs to look dull and boring, will just have to take a look at
Milk Bikis.
With a unique and attractive honeycomb design and an enhanced
product experience, the new biscuit prompts the Kids will love it
reaction amongst mothers. The milk goodness in the recipe is now
enhanced with SMART NUTRIENTS 4 vital vitamins, iron and
iodine, proven to aid mental and physical development in growing
kids. The premium packaging, besides appealing to kids, also
ensures that the biscuits remain fresh and crisp.
So, whether its breakfast time or snack time at school, rest
assured that kids will look forward to munching these crunchy,
milky biscuits which even helps in their development. And yes,
adults wont be far behind in reaching out for a pack.
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MAKEOVER OF BRITANNIA:
An old maxim goes, 'Why does something when it ain't broke?' This
may be the credo of most firms, but not of the food major, Britannia
Industries Limited (BIL). In 1997, BIL, whose business seemed to be
doing well, instead of concentrating on it, virtually charted a new course
by seeking to reinvent itself.
They reasoned that the 16% growth rate of BIL sales, which was just 8%
in real terms when corrected for inflation, though good by the standards
of a mature market, was not good enough for a growing market like India,
specially in the foods segment.
Others felt that BIL's makeover decision may have been influenced by the
threat of potential competition. They also felt that with the organised
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biscuit market in India being commoditised, and the major chunk being
controlled by the unbranded segment, reliance on biscuits alone could be
detrimental to its long-term interests...
BIL, since its inception had been mainly involved in the manufacture of
biscuits, which contributed around 85% of its revenues (1997). The
biggest problem then, for the 80-year-old BIL was that its name was
strongly associated by customers with biscuits (or more broadly bakery
products)...
As a first step in its makeover plan, BIL hired a Paris based design
studio- Shining Strategic design, to craft a new logo and corporate
slogan. Its work involved understanding the perceived and potential value
of the brand where everything from colours and symbols to the typeface,
was evaluated.
The work also involved looking at the potential of the market and seeing
where BIL could venture in future. Research showed that the brand
'Britannia' was synonymous with trust and quality, and the wide
portfolio of products was seen as a source of strength...
For BIL, the new identity, laid the base to project its future as a
successful food company- a company that provided high quality and
tasty, yet healthy foods and beverages. Analysts felt that BIL seemed to
have realised that its customers weren't really buying biscuits; they were
buying health, nutrition, and food...
BIL's makeover plan seemed to have worked well. The sales increased
from Rs 752.3 crore in 1996-97 to Rs. 1169 crore in 1999-00 and net
profits increased almost 4 times since 1996-97. Although BIL's biscuit
business seemed to have done well, its diversification into dairy segments
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did not seem to be an unqualified success.
Analysts observed that the value-added dairy market which BIL had
targeted was a minuscule 0.10 per cent of the market. While the size of
the cheese market was a mere Rs 140 crore, it was growing at 20 per
cent per annum...
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Choco chips Good day Hide n seek Good day
Milk Milk bikis Milk sakhti Milk bikis
Bourbon Bourbon Hide n Bourbon
Seek
Nice Nice ------ Britannia
Nice
Multi grain Nutri ----- Nutri choice
choice
Cream Cream Kreams Cream
Treat treats
Cookie Good day 20-20 Good day
So the battle for market share continues and advantage is for consumers
For starters, BIL has recently relaunched its flagship brand MarieGold
with value additions in a bid to rejuvenate the brand. Along with the
relaunch, the company has also revamped the advertising and packaging
strategy of the brand in the overcrowded category.
Strapped with a new tagline Packed with wheat energy, the new avatar
of MarieGold in a new packaging hit the Indian marketplace just a few
days ago. The company is still in the process of rolling out the
relaunched brand across the country, inform sources from the company.
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Hindi. Very soon, we will roll out print ad campaign first in Hindi. Later
we will go for press ads in English, she adds.
To support the mass media ad campaign for its relaunched brand, the
agency will be using below-the-line activities too, says Ms Maroli. The
agency also has plans to put up hoardings and banners as part of its
outdoor media strategy. As for our ad strategy, we have used the health
plank to highlight the the benefit of wheat energy in the relaunched
MarieGold. And of course, we have revamped MarieGolds packaging
strategy with the relaunch, adds Ms Maroli.
On the other hand, Parle Products Ltd has hired the services of Ogilvy &
Mather India to create communication plans for its new product called
Monaco Bites. Says Ogilvy & Mather India executive director Nishi Suri:
Amid stiff competition, we won this new account. The other agencies in
the fray were Everest Communications and Grey Worldwide. Its a
prestigious account as our client plans to launch Monaco Bites in
different flavours, including cheese.
According Ms Suri, Ogilvy & Mather has been handling the ad account of
Parle KrackJack for the last 15 years. Our ad campaigns for Monaco.
DATA ANALYSIS
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INTERPRETATION:
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INTERPRETATION:
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Partially Agree 6 18.75%
Not Agree 3 9.37%
INTERPRETATION:
INTERPRETATION:
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Option Response Percentage
Strongly Agree 1 3.12%
Agree 8 25.00%
Partially Agree 12 37.50%
Not Agree 11 34.37%
INTERPRETATION:
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Q. 6: I like the brand ambassador Of Britannia.
INTERPRETATION:
31
Q. 7: Package of the product important for me and packaging of
Britannia is attractive.
INTERPRETATION:
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Q. 8: Britannia always gives attractive discounts and offers.
INTERPRETATION:
3. Britannia is economical.
Almost 62% respondents respond that Britannia is affordable.
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Almost 34% respondents respond that they like brand ambassador Of
Britannia. Almost 47% of respondents respond that they dont like brand
ambassador Of Britannia.
Almost 40% respondents respond that they agree Britannia always gives
attractive discounts and offers.
Almost 32% of respondents respond that they dont agree Britannia
always gives attractive discounts and offers.
Strengths:
high quality.
Industry.
extensions.
Weaknesses:
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Opportunities:
Threats:
The strong points of the Britannia are their brand name and quality they
offer. But they also need to improve in some areas like packaging,
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4. Special marketing strategies needs to be design for the rural
The Britannia is market leader in the India. They are still concentrated
more on the Indian market. they need to broaden their scope and needs
BIBLIOGRAPHY/REFERENCES
Web-sources:
1. www.britannia .co.in
2. www.money.rediff.com
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