5/25/2014

Aims and Objectives in the Market

Here we shall divide aims and objectives for Oreo in Russia into short-term (1 year after product launch) and long-term (5 years after product launch) indicators we aim to achieve. The following table specifies the goals, their values and sources for benchmarking the latter.

Table 1. Aims and Objectives for Oreo in Russian Market

Aimed Indicator
Short-Term Targeted Value (1 y.)
Long-Term Targeted Value (5 y.)
Brand Share
1.6%*
3.4%*
Presence in Distribution Channels of Mondelez Rus OOO
90%
99,9%
Product Portfolio Presence
1 or 2 products of the whole portfolio***
99% products of the whole portfolio****

*Benchmarked against Alpen Gold Biscuits brand share in Russia in 2013 (Passport GMID, 2014). Alpen Gold Biscuits was chosen for benchmarking, as it possess a smaller market share than the most successful Mondelez Rus OOO brand Yubileinoye and in one year Oreo should achieve the results of medium brands at least (again not by fighting the market share from Alpen Gold Biscuits or other Modelez Rus OOO brands)

**Benchmarked against Oreo’s Brand Share globally in 2013 (Passport GMID, 2014, http://www.portal.euromonitor.com.ezproxy.gsom.spbu.ru:2048/Portal/Pages/Search/SearchResultsList.aspx)

*** It will be rather easy for Mondelez Rus OOO to launch a new product, as the company already has established infrastructure, distribution channels, etc, and launching 1 or 2 products from Oreo’s portfolio will be a “pilot” one and give the company knowledge on how to further promote to customers and end-consumers 

**** Portfolio enhancement is crucial for Russian market, as there is a growing demand for innovativeness and lack of brand loyalty. Introduction of newer and newer Oreo variations will help to keep consumers attention and demand.


2 comments:

  1. Great objectives and I do believe that Mondelez Group will be able to manage it :)
    But I think it's also necessary to distinguish between the types of cookies. As far as I know Alpen Gold Biscuits are a cookies with shortbread cookies with seperate chocolate layer and another strong competitor - Posidelkino's oatmeal cookies.

    Other competitors include ОАО «БРЯНКОНФИ», ООО «КРЕКЕР», ОАО «СЛАДОНЕЖ», ООО «КДВ ЯШКИНО», ОАО «СЛАКОН».

    And in Russian market there is another cookie really close to Oreo called Domino (Finland). It looks pretty much like Oreo (round cookies from dark chocolate with a filling inside). And if the customer doesn't know Oreo (I guess in in smaller cities people haven't heard about it) he/she will buy the cheapest one.

    Here the Domino website: https://www.keksihylly.fi/tuotteet/domino/super-domino-choco-345g

    ReplyDelete
  2. Olga, thank you for such a great help with the competition analysis!

    ReplyDelete