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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. |