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An Indian subsidiary of multinational food manufacturer
Turnover Rs. 2500 million
Annual turnover
Rs. 300 million
Rs. 450 million
Case
r. K. Fernandes, Director of GSI LTD is worried of declining market share.
Companies major products like Energy ilk powder and Delight Ketchup are
also losing shares.
eeting inutes:
V
47%
41%
Delight Ketchup
1983-84 1887-88
Energy Instant ilk powder market share declined 16% in 4years
Ä CONs
Campaign becomes Highly expensive
Product may not match with celebrity image/lifestyle
Consumers are aware that " get paid to say good things
about the product.
Celebrity endorsing multiple at
at the same time confuses
buyer.
Customer focus on celebrity rather than the product
" #
Ä Since the market share for the products have gone down, in
case the exclusive celebrity does not click, it might hit our
products and our share may slide further.