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Tag: Confectionary

  • Eveready forays into confectionery business

    Eveready forays into confectionery business

    MUMBAI: With a view to scale up its fast-moving consumer goods (FMCG) portfolio of products, dry-cell-battery maker Eveready Industries India Ltd (EIIL) is all set to enter the confectionery business with Jollies, its new fruit chew candies. 

    The move is a part of its diversification plan and the brand will foray into the Rs 9000 crore confectionary segment with the product. Priced at Re 1, Jollies will have higher fruit content and lower sugar content.

    EIIL said that the fast-growing fruit chew segment, estimated to be a Rs 400 crore market, will double in the next three to four years and expects to become a significant player in the segment by making the under-penetrated category available across urban and rural India through its distribution network. 

    EIIL managing director Amritanshu Khaitan said, “The product being launched has a high percentage of natural fruit pulp making it a preferred healthier option to pure sugar candy. Candies are a mass-market product and can be carried in the Eveready vans reaching a million outlets. This brings in a major competitive advantage for us and we believe we can become a major player in the fast-growing confectionery market in the next 3-5 years with only investments required for branding.”

    The company has over 400 distributors and 42 distribution centres across India. The company is working on an asset-light model involving outsourcing and believes it can add significant turnover and profitability with an entry into the segment.

    EIIL is a manufacturer of dry-cell batteries, flashlights, lighting and packet tea. The company reported 55 per cent revenue from dry cell batteries, 14 per cent from flashlights, 22 per cent from lighting and electrical and 9 per cent from other segments in financial year 2016-17. 

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  • ‘We always look at ways to improve our consumer experience’

    ‘We always look at ways to improve our consumer experience’

    MUMBAI: While growing up, we all loved the flavour of the soft, creamy choco-filled candy that effortlessly melted in our mouths, leaving us craving for more. Most of us have grown up with that familiar taste of Cadbury’s Eclairs. We have shared the choco-candy with our friends and family in the moments of joy and celebration and even otherwise. Now, the confectionary brand is repackaging one of its most popular products.

    Keeping up with the fast-paced lifestyle, Cadbury re-launched Cadbury Éclairs as Cadbury Choclairs. Even in 2009, Cadbury Eclairs was re-launched with an enriched chocolate center.

    The reason behind this change is very simple – as a brand, Cadbury always looks at ways to improve its consumer experience. Elaborating more on it, Cadbury India powdered beverages (Gum & Candy) associate vice president Amit Shah says, “In 2011, Cadbury Éclairs heralded in the New Year with another exciting addition to its fold – the new Cadbury Eclairs Rich Brownie. Our rebranding decision is based on this philosophy of product innovation and not so much on what is going on in the market place. Also, we hold the global copyrights for Choclairs and thought the time is right to introduce this name in India to align with the global brand name for the candy.”

    Except India, the candy from the house of Cadbury has globally been known as Choclairs. And it’s not just the name that has changed; there some specific positive product innovation as well in order to give consumers a new experience with every bite of Choclairs. Adds Shah, “Apart from enabling us to align with the global brand name, this name change will also help consumers distinguish our brand, the original Cadbury candy, from other branded and unbranded Eclairs available in the market.”

    And since old habits take time to die, the launch is accompanied by a 360 degree campaign to generate rapid awareness about the change. Television is, of course, the key medium that introduces the new brand name. However, the TV campaign is also supported by a radio campaign, print inserts, cinema campaign and social media activation.

    Besides, to reach consumers in small towns, the brand has opted for cyber cafe integrations with a branded jigsaw puzzle and Interactive Voice Recording (IVR) integration with Cadbury Choclairs caller tune. All these initiatives along with trade activation have been initiated to create awareness and build the excitement amongst consumers for Cadbury Choclairs.

    Contract Advertising has been brought on board to work on the campaign.