Miwadi – Revitalising a Brand Leader Kevin Donnelly Marketing Director – Britvic Ireland The MiWadi Team Leonie Doyle Dee Cunniam M A R K E T I N G Susanne Martin Lyndsey O’Leary T E C H N I C A L A G E N C Y Paul Staunton Marty Cowman P A R T N E R S Agenda Background & Context What We Did Results Lessons Learned The Irish Squash Market €53m Per Capita Half of GB 70% Homes Buying Not All Squash Homes Are Equal 16/60 Miwadi – Market Leader in Squash 1927 2010 It’s Not Your Wadi – It’s My Wadi External Challenges Consumers Spending Less Raw Material Cost Inflation Coca-Cola Launches into Squash Private Label Attack External Challenges Obesity Challenge Demonisation of Sugar Internal Pressures • Cuts in Marketing Investment • Company Restructuring • Staff Turnover • Internal Focus Britvic Ireland – Brand Portfolio (8/5/3) No.1 No.1 No.2 No.1 No.2 No.1 No.2 No.2 No.1 No.1 No.3 No.3 No.1 No.1 No.2 No.3 MiWadi in 2010 – Under Pressure Miwadi Miwadi Value Market Share of Squash 52% 50% 48% 46% 44% 42% 40% 40% 37.0% 38% 36% 34% 32% 2009 *Source : Nielsen Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Miwadi Goals 2011 -2012 Recover market share loss and more. To grow value market share from 37% to 42% i.e. higher than before the competitors arrived. It’s important to call out value market share as we did not want to get into a price war with competitors and devalue the overall squash category. Restoring gross margin to the pre-cost inflation levels. Strengthening brand equity among the core target consumers (25 to 44 year olds) by increasing Spontaneous awareness from 68% to 75%, Top-2-box-consideration from 30% to 37% Worth-paying-more-for from 23% to 30%. Grow the category – add 1L of total squash consumption per capita every year. Miwadi Recovery Strategy A More Compelling Proposition Emotional Connection Consumer Participation Category Growth at the Heart of Everything We Do Are We Good Enough? 6. Values, Beliefs and Personality 7. Reasons to Believe The proof we offer The brand values – to substantiate the what the brand stands benefits / brand for and believes in experience – and its 9. Essence personality 5. Benefits Brand Key Template The distillation of the brand into a core idea or promise The differentiating functional, emotional and sensory benefits that motivate purchase 8.Discriminator The single most compelling and competitive reason for the target consumer to choose the brand 4. Insight The consumer / shopper motivation (need) on which the brand is founded 2. Competitive Environment The market and alternative choices as seen by the consumer and the relative value the brand offers in the market 3. Target The person and the situation for which the brand is always best choice, defined in terms of their attitudes and values, not just demographics 1. Root Strengths The original product, values and or benefits that made the brand great and on which we want to build Miwadi – More Defined Brand Key Tir na N’Og Holistic Margin Management The Consumer Value Equation What is truly important to the consumer in making category and brand purchasing decisions? Where does the brand want to be superior, parity, inferior to competitors? What are the Brand Distinctive Assets? What are the non-value-added-costs in the Value Chain? Range in early 2010 The Opportunity & Challenge of Brand Renovation Q3 2010 – Full Brand Relaunch Retain Brand Distinctive Assets Logo Bottle Shape New Improved Liquid No artificials New Livery Real Fruit Hydration Cues Clear NAS Differentiation New Advertising Campaign Wadi-Festo Value-for-money On-Line Engagement Dart & Luas Cards Dart & Luas Cards Shopping Trolley Handles Communicating Value-For-Money Significant Shift in Miwadi Brand Volume 100% 90% 80% 70% 50% 60% 80% 50% NAS 40% Full Sugar 30% 20% 50% 10% 20% 0% Before Relaunch After Relaunch Innovation – Launch of Miwadi Double Concentrate Crowd-Sourcing Microsite Hub n’ Spoke Strategy Promotional Packs Calendar of Key Events 2012 FEB MARCH APRIL MAY JUNE-JULY AUG Launch of the Competition Micro Site March to Sept and content will be updated as the competition moves from entry into voting and then to announce the winner TV Advertising New Miwadi Ireland Facebook site goes live Drive to microsite Digital Advertising April to Sept – this will be up-weighted at key times to drive participation, voting and announce winner Winning in Store Voting New Wadi in store Short listed entries will be voted on to pick the winner Back to School PR announcement March 15th On Pack Promo Packs in Trade Technical Dev & Set Up PR announcement Results MiWadi up 12 value share pts over two years Miwadi Miwadi Value Market Share of Squash DC Launch 52% 49.3% Relaunch 50% 47.6% 48% 45.6% 46% 45.4% 43.7% 43.4% 44% 42% My Way 42.7% 41.3% 40% 40% 38.9% 38.5% 37.0% 38% 36% 34% 32% 2009 *Source : Nielsen Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Brand Health Scores Have Improved Significantly Wv1 Feb 11 Wv2 Sep 11 Wv3 Feb 12 Spontaneous Awareness 68% 76% 79% Drunk in past 4 weeks 28% 30% 35% Top 2 Box Consideration 30% 37% 41% Worth Paying More For 23% 29% 30% Source: Millward Brown Squash is the Fastest Growing Soft Drinks Category Source: Nielsen Gross Margin Maintained Huge Increase in On-Line Engagement Miwadi Digital Community 30000 25,000 25000 20000 15000 10000 5000 400 0 Old Website facebook Conclusions 47 Ten ‘Takeaways’ (1 of 2) You need the right people to manage brands successfully – continuity is essential Develop brands in tune with a combination of the key consumer trends Resist the temptation to be too short term and tactical – stay true to strategic brand development over the longer term Look at the entire value chain, not just at the ‘marketing’ bits – work out what’s of most value to the consumer Be very clear on what consumer perception and behaviour you are seeking to change and measure against this Ten ‘Takeaways’ (1 of 2) Be very clear on how you are going to drive brand financial performance Make it easy and compelling for consumers to engage with and participate in your brand Digital Marketing is part of a Consumer Engagement Strategy – its not a separate discipline As a leading brand, you have a responsibility to grow the category Have a robust tool-kit to help make key decisions on your brand Useful Contacts For Re-brands For Holistic Margin Management Hans Glover