SAFFOLA COOKING OIL
• LAUNCHED1960 – HIGH PUFA, HEALTHIER COOKING OIL
• TARGET CONSUMER – ADULT MALE AGE 45 YRS+ (SEC A)
• EMPHASIS ON HEART DISEASE AND PROMOTION BY DOCTORS
• STAGNATION IN SALES IN 2001
• SAFFOLA AND SAFFOLA TASTY KARDI OIL
HIGH PRICE
INFERIOR TASTE
PERCEIVED FOR PEOPLE WITH HEART AILMENTS AS A THERAPEUTIC
BRAND
SWOT ANALYSIS– SAFFOLA
STRENGTH WEAKNESS
1. HEALTHIER COOKING OIL 1. TASTE POOR COMPARED TO COMPETITORS
2. THERAPEUTIC BRAND 2. BRANDED AS OIL ONLY FOR PATIENTS
3. LOYAL CONSUMER BASE 3. MARKET CAPITALISATION IN OTHER
4. RECOMMENDED BY DOCTORS SESSIONS POOR
OPPORTUNITY
THREAT
1. INCREASE CUSTOMER BASE FOR CHILDREN,
ADULTS, NON-PATIENTS 1. PRODUCT BRANDED AS OIL FOR HEART
2. AGGRESSIVE PRICING PATIENTS
3. PROJECT AS OIL FOR HEALTHY LIVING 2. PRICING HIGHER THAN COMPETITORS
RATHER THAN ONLY FOR HEART
SAFFOLA
RE - POSITIONING
• CONSUMER STUDY (2001) – SAFFOLA LACKED ASPIRATIONAL
AND EMOTIONAL DIMENSIONS
• NEW VARIANT SAFFOLA NUTRIBLEND INTRODUCED
• MARKET SEGMENT ALTERED - ALL AGE GROUPS TARGETED BY
ADVERTISEMENTS
• POSITIONING AS A HEALTHY COOKING OPPOSED TO
THERAPEUTIC OIL FOR HEART
SAFFOLA COOKING OIL
RE - POSITIONING
• INITIALLY 15 PERCENT GROWTH IN SALES WITH CAMPAIGN
• SALES TAPERED DOWN ON COMPLETION OF CAMPAIGN
• EXISTING CUSTOMERS EXPERIMENTED WITH THE NEW OIL
• HOWEVER CONSUMER BASE DID NOT INCREASE
• INCREASE IN INTENSITY OF COMPETITION
SWOT ANALYSIS– RE-POSITIONING
STRENGTH
WEAKNESS
1. POSITIONING AS A HEALTHY COOKING
1. TASTE POOR COMPARED TO COMPETITORS
2. NEW VARIANT SAFFOLA NUTRIBLEND
2. CONSUMER BASE DID NOT INCREASE
INTRODUCED
3. ONLY EXISTING CUSTOMERS EXPERIMENTED
3. ALL AGE GROUPS TARGETED BY
WITH THE NEW OIL
ADVERTISEMENTS
OPPORTUNITY
THREAT
1. REMOVE NEGATIVE TAG OF OIL ONLY FOR
PATIENTS OF HEART AILMENTS 1. INCREASE IN COMPETITION
2. MAINTAIN PRICE PREMIUM 2. LOSS OF MARKET SHARE TO NEW ENTRANTS
3. PROJECT AS OIL FOR WHOLE FAMILY
SAFFOLA
RE - RE - POSITIONING
• REINVENTION OF SEGMENTATION AND POSITIONING (2003)
• REPOSITION WITHOUT LOSING PRICE PREMIUM
• BRAND MESSAGE – HEALTHY LIVING FOR COMPLETE FAMILY
• 360 DEGREE MARKETING EFFORT
• SWITCH OVER FROM THE NEGATIVE AILMENTS RELATED TO HEART
TOWARDS PREVENTION OF HEART DISEASES
• CULTURE OF FEAR TO CULTURE OF TRUST
• SHIFT FROM
THERAPEUTIC – PROACTIVE
HEART – HEALTHY
FEAR – CARE AND HAPPINESS
VIEWS AND SUGGESTIONS
1. UNABLE TO BREAK THE SHACKLES OF THERAPEUTIC AND
MEDICINAL TAG AKIN TO TATA NANO
2. LATEST RE-POSITIONING EFFORT IN 2003 UNLIKELY TO YIELD
RESULTS
3. R & D TO IMPROVE TASTE AND PUBLICITY WITH AN AD
CAMPAIGN
4. EFFECTIVENESS OF SAFFOIL OIL IN WEIGHT REDUCTION TO
CAPTURE NEW SEGMENT