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Cadbury ‘Ulta Perk’ perks up Indian cocoa confectionary market
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October 5, 2007: Cadbury India today
announced the launch of ‘Ulta
Perk’, in order to strengthen
its portfolio in the fast-growing
wafer- confectionary market.
Most of us have been enjoying the
chocolaty wafer taste of Perk since
more than a decade. Just when you
thought that a simple wafer confectionary
could not innovate itself, Cadbury
India brings ‘Ulta Perk’,
an innovative ‘Wafer outside,
choco-cream inside’ product
to the retail stores around you.
‘Ulta Perk’ will be
available across retail stores in
key cities and is priced at Rs.
5 only. The product is targeted
towards teenagers and youth.
Commenting on the launch, Sanjay
Purohit, Executive Director –
Marketing, Cadbury India said, “The
product construct and pricing for
‘Ulta Perk’ has been
designed to meet the needs of our
largest target segment – the
youth and will broaden our product
appeal and options to the consumers”.
‘Ulta Perk’ will
be the second product offering from
Cadbury in the cocoa confectionary-wafer
segment, further augmenting the
highly successful ‘Perk’
brand. Perk was launched in the
market in 1995 and has seen consistent
growth through the years. The cocoa
confectionary wafer market is around
35 % of the total chocolate market
and has been growing at around 13%
annually. The launch underpins Cadbury
India’s confidence in this
growing cocoa confectionary wafer
category.
Extensive consumer research and
testing has been undertaken to determine
the product taste, format and the
communication campaign. ‘Ulta
Perk’ has been test marketed
in the South Markets – Tamil
Nadu & Karnataka for over 6
months and has received excellent
response from the consumers.
‘Ulta Perk’ will
see a multi-media marketing campaign
to connect with the target consumers.
A 360-degree campaign will be rolled
out in the first week of October.
The campaign will be a mix of television
commercials, outdoor, consumer contact
activities, etc. Cadbury India has
tied up with leading coffee chain
Café Coffee Day for direct
sampling of the product in top cities.
Extensive product sampling will
also take place in the first two
months across 25 towns. |
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| ©
Cadbury India Ltd. |
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