According to Ohmae's 3C Model of marketing, a customer is making a choice at all points of time between different offerings. Only by integrating corporation,customer and competition,can a sustained competitive advantage exist.Thus, tackling competition becomes very important.
Kissan has the largest market share in jam(65%)
and thus is the dominant brand in the industry. Some existing competitors would
be
Direct Competitors: sil jam,mapro jam,druk
jam,tops jam.
Substitute Products: Honey,Nutella
Spread,Butter
All the direct competitors occupy a small
percent of the market share. As far as the substitute
products are concerned, butter can be a substitute for jam, but health
conscious people may opt for mixed fruit jam rather than butter. Nutella Spread
is also a substitute but it’s pricing is comparatively higher and availability
is not as widespread as Kissan Jam.Honey could be a strong competitor since people who are health conscious
might switch to honey. However, as far as the kids segment is concerned, kissan
jam is more popular,thanks to the fun advertising and different flavors by
kissan jam that are targeted specifically to attract kids.
Kissan jam has been innovating in different
ways to differentiate it’s product and tackle competition:
Product diversity: Different flavors like
pineapple, mango, orange, strawberry, guava etc.
Innovative packaging: It was the first to
bring in easy to use squezee bottles, tubs and sachets. This attracted the kids
as well as mothers who thought it is easy and safer for the kids to use squeeze
bottles viz-a-viz the glass bottle.
New ways to use the product:
The roti disappears with jam advertisement
encouraged the use of kissan jam with roti as well. It showed roti rolls with
different flavor jams.
Also, in
order to compete with the other healthy options like honey, Kissan launched a
new breakfast spread- Kissan fruit kick spread, with no added sugar,targeted
mainly at teenagers and the health conscious youth.It is available in two
different combinations- dry fruit and mixed fruit.
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