Product Launch Strategy for Amul Lactose Free Milk Ashutosh | Nikhil | Nitin | Vijay Three Thinking Hats Context SWOT Segmentation A very strong dairy market Over 200 million cattle population Positioning 20-25% of the of the population lactose intolerant 46.57 million tonnes milk production 16% of the world milk is produced in India 21% of the total agricultural produce of India Channel According to one of the report, it might be more than 70%* No remedy Niche market will become normal market in future A huge market waiting to be tapped Enormous potential for an innovative, marketable product *The Australian Journal of Dairy Technology, August 2003 * Zenithinternational, November 2014 Context S SWOT TRENGTHS • • • • First movers’ advantage High profit margin Great distribution network Amul: well known and highly respected brand Product still has all the goodness of milk • O PPORTUNITIES • • • Positioning Segment Huge market potential Can take advantage of media interest From niche market to a normal market W EAKNESSES • Awareness needs to worked on As people are not aware, profits will be realised later False belief of product being not ‘real milk’ • • T Channel HREATS • • • Other competitors, very likely, would react soon Untested market for lactose intolerant individuals With more competition, product will have to differentiate itself in the market Context SWOT Segment Upper to middle class families Deciders (Housewives/mothers) who are conscious about Children’s health Usually shop at supermarkets It can be high priced as they have the buying power Target - Mothers / Housewives Persuade them to choose lactose free milk as their household milk over soya and silk milk Urban and sub-urban cities It is ok to be high priced as they have the buying power Websites like indusladies are getting very high internet traffic (1.6 million visitors monthly) Positioning Channel High Prices shop at malls Upper to middle class families House wives! Mothers! Segment Social media Target Cities! Suburban areas!! Lactose free milk Context SWOT Segment Positioning People need vitamins and other nutrients for development Unlike other options(soya milk), it provides necessary nutrition too Amul lactose free milk is the best alternative for lactose intolerant children Easy to use, available in 250ml tetra pack An insightful, educational and entertaining approach to the potential consumers Channel Context SWOT • Most of the housewives watch daily soaps • Advt. would be played in between prime time shows • Tracking of viewership with help of BARC • • • • • Doctors can be invited for for speeches Amul executives can showcase what Amul is doing Q&A Sessions with the doctors Distribute free samples and awareness handouts to everyone who attends Share experiences on social media Segment Positioning • House-wives enjoy reading during their leisure time • Sarita, Madhu Muskan, Grihshobha, Famina, New Women can be chosen as magazines for advt. Channel • Shopping carts in malls • Payment counters • • Number of housewives on Facebook are increasing rapidly in India* • Upper middle class family members having smartphones are increasing • Post entertaining statuses and photos • Review the post reach and likes regularly People tend to trust more on displayed advertisement in hospitals • People suffering from lactose intolerant can see what alternative they have • Ask doctors to recommend Amul Lactose free milk *ERICSSON CONSUMERLAB PERFORMANCE SHAPES SMARTPHONE BEHAVIOR, 2015