Truearth 2
Truearth 2
Truearth 2
ANAND SHANKAR V RAJIV RAJENDRAN SAHIL KHANNA DONA ANNA CHERIAN AKHL CHOPRA DHWANAY SHAH NITESH GARODIA SNEH BARATIA PARITA JAVERI
Only one strong competitor Choices of pasta & sauces Single meal for 2 $35 million sales - 2007
STAGES
For Pasta
For Pizza
Idea Generation
Tapping the quick HMR market , need for healthy tasty whole grain options Formal surveys like mall intercepts
Threat by competition in pasta segment, large pizza market, health trend Concept tests, Mall intercepts, interviews of grocery shopper Home Trial through sample kits and taste tests.
Concept Screening
Convenience and Variety and Testing through Focus Groups without actual taste tests
Quantification of Volume
Customer interest and quantification of estimated sales and repeat sales. Estimated sales required - $12 million
PIZZA
Market-$5.8 billion in 2007 Brand awareness already created due to Cucina Fresca Is considered as an INDULGENCE Perceived price value gap was higher
4. Demand Forecast
SWOT
STRENGTH
First Mover Advantage Favorable quantified estimates Brand awareness of TruEarth and Cucino Fresca Large pizza market Health trend
WEAKNESS
Popularity of competing categories Perceived lack of taste Expensive- as per study
OPPORTUNITIES
Convenient health trend Chance of lessening use of substitutes (Ex.6) No large player at the moment
THREATS
Ragazzi New pizza concept test done. BASES tests might be proved wrong leading to business risk.
Our Recommendation
Launch Pizza line immediately Revisit the price of the pizza kit Market it competitively