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Showing posts from May, 2022

News Story- Disha Patani as brand ambassador of Nescafé

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Nestle India appoints Disha Patani as brand ambassador of Necafé ready-to-drink Patani is the first celebrity endorser to be associated with the range that was launched in October 2016. The actress who has debuted in the Hindi film industry with Neeraj Pandey’s biopic M.S. Dhoni: The Untold Story has also appeared in Baaghi 2 along with actor Tiger Shroff. “Nescafe ready-to-drink is an ideal dairy-based beverage that offers refreshment and indulgence on the go. We are delighted to associate with Disha Patani. She is a contemporary youth icon, her energy and dynamism embodies the values that we want to epitomise in Nescafe ready-to-drink," said Arvind Bhandari, general manager, dairy, Nestlé India. Available in three flavours including chilled latté, hazelnut and intense café, the 180 ml tetrapacks are priced at  ₹  30. The ready-to-drink range is available across the country, both in-store as well as e-commerce platforms. The company has also launched the dairy-based beverage bran

Challenges faced by Nestle

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  Maggi was the most popular instant noodles brand in India, which children in particular loved to snack on. The brand had a dominant position until suddenly in mid-2015 it got engulfed in controversy. Several state food regulators found that Maggi contained monosodium glutamate as well as lead well above the prescribed limits which were harmful especially for children. When Nestlé India was confronted with lab test results, it stuck to its position that they had a world-class quality control process in place and that their products were safe for consumption. Finally, the national food regulator FSSAI, ordered a ban on the sale of Maggi including product recall. Consequently, several state governments imposed temporary ban on the sale of Maggi noodles in their respective states. The future of the company suddenly looked very bleak. Critics have accused Nestlé of discouraging mothers from breastfeeding and suggesting that their baby formula is healthier than breastfeeding, despite there

How Nestle coped up during COVID-19

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Nestle has also witnessed a rise in its in-home indulgence’ segment of products and introduced new products under MAGGI- Cooking Made Simple’ service. “The words quality, safety, nutrition and trust have undergone sharper re-definition and consumers tend to favour tried and tested’ brands and relationships formed herein, the CMD said. There is a new word that has been added to the lexicon of consumer needs in the pandemic, which is immunity’ for self and the family, he added. While talking about sales, Narayanan said that  Nestle India  is witnessing a better growth in the rural and semi-urban areas, where the market has recovered quickly after lockdown-related disruptions. Besides, the company is also witnessing a surge in sales from e-commerce channels, he said. We have witnessed better growth in tier 2, 3, 4 cities, semi-urban areas than urban areas during the lockdown. Rural consumption continues to be stronger than urban demand. We delivered a strong performance in the e-commerce

Our sales in 2021

  Organic growth was 7.5%, with   RIG   of 5.5%. Pricing increased to 2.0%, reaching 3.1% in the fourth quarter, to offset significant cost inflation. Growth was broad-based across most geographies and categories. Organic growth reached 7.2% in developed markets, the highest level in more than a decade, based mostly on  RIG  with positive pricing. Organic growth in emerging markets was 7.8%, with robust  RIG  and positive pricing. By product category, the largest contributor to organic growth was coffee, fueled by strong momentum for the three main brands  Nescafé, Nespresso  and  Starbucks . Sales of Starbucks products grew by 17.1% to reach  CHF  3.1 billion, generating over  CHF  1 billion of incremental sales compared with 2018. Purina PetCare posted double-digit growth, led by science-based and premium brands  Purina Pro Plan, Fancy Feast  and  Purina ONE , as well as veterinary products. Prepared dishes and cooking aids reported high single-digit growth, based on strong sales dev

Top 3 Competitors of Nestle

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Nestle   is an eminent food and drink company located in Switzerland.  The company is one of the largest food companies in the world. The business operations   include producing about 2000 brands where their main  products  fall into categories of tea, coffee, bottled water, medical and baby food, breakfast cereals, confectionery products, and lots more. The company is seen in about 189 countries worldwide. One of the famous products of Nestle is the Nestle milk chocolate which is a chocolate bar. Nestle has a huge portfolio of products and sees an enormous competitor across the food industries. Mondelez A top Nestle competitor, Mondelezis headquartered in Illinois and formed during the year 2012. It is a foremost snack company of Illinois. The company produces various products like chocolate, beverages, cookies, and confectionary. Their business operations are spread across the world and their source of revenue is from outside the United States as well. Their operations are seen in ap

NESTLE'S TARGET AUDIENCE

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Nestle SA is a Swiss multinational food and beverage conglomerate operating its business in India under the name of Nestle India. It first arrived in India in 1956. Since then, from selling its first milk product in the 1960s to offering a wide range of quality products in the Indian market, Nestle has grown exponentially in India. It offers products in beverages, breakfast cereals, chocolates and confectionery, dairy, nutrition foods as well as vending and food services. Popular products such as Maggi, Kit Kat, Polo, Milkmaid, and Nescafe fall under Nestle India’s portfolio. Being the largest food and beverage brand in the world by revenue, Nestle’s targeting and positioning strategy have played a key role in establishing itself all around the world. So let us understand how it has positioned its products to cater to the Indian audience.   Target Audience Nestle India has positioned its wide range of product offerings in such a way that it covers audiences beginning from 2-year-olds t