R2 IIFT Ad Mads Presentation by 1. 2. 3. Sons of Pitches (ISB Co ‘24) Pratik Bhuwalka Nipun Gupta Vedant Agarwal The revival of HIPPO Hippo, the one-time favorite snack was discontinued by Parle within 5 years of its launch in 2009 due to multiple issues. The two major issues that plagued this product was a) Supply Chain issues and b) ineffective Advertisement strategy. While the supply chain issues could have been resolved, the company marketed snack as an alternate to hunger and not as a healthy alternative, which was its true USP. a) b) Main Idea To market the product as a healthy alternate with a better taste. To target the loyalists and ensure strong comeback Audience a) b) Product loyalists (few have been very active on social media) Wider audience that is looking for a healthy alternate Goal a) Capture ~10% and ~25% of market within 2 and 5 years of launch respectively b) Establish a healthy snack market Re-launch Strategy Color palate would be around the packaging of new flavours. The colors will be bright and catch attention immediately. The product relaunch would be a two-step approach. 1. As first step, initial traction around re-launch would be generated by using the loyalists and social media influencers. Social media posts such as attached, and sample packages sent for product review to create awareness on relaunch with the taglines “Your favourite snack is back!” and “Healthier has never been this tasty” 2. With the product launch date nearing, newspaper and television advertisements would be started timed with availability of product on shelves. 1. Creative Brief What do we want our customers to believe? We want the customers to believe that this is the tastiest and healthiest snack present in the market. Advertisements will be expected to included stickers of “No trans fat”, “No MSG”, “Less Calories” and similar taglines along the healthy snacks. We believe the audience cares primarily about the taste and counts the healthy part of the snack as a bonus point. This is the RTB for the creatives. Functionally, the snack delivers low fat content compared to when the same quantity of competitor’s products are consumed. Emotionally, the relaunch should appeal to the nostalgia of good old tasty snacks and the tastier aspect appeals to the tastebuds to the masala-seeking audience. 2. LEFT BLANK FOR SHORT INPUTS 3. Formats • • • • Video Ads – Short 5-6 second videos to be shared on Instagram, OTT, and Television. Instagram Posts – 1800x1800 px posts and repeat of videos as reels Newspaper Ads (only initial)– Full page ads highlighting the relaunch of favorite snack Radio – Collaboration with RJs to touch the nostalgia chord over radio