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Maggi Business

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Executive summary

Recent success in the Indian market of pasta has compelled Nestle Bangladesh to introduce new snack “Maggi Pasta” in Bangladeshi market. This snack is still not that much popular because of unavailability and high price. Beside that no other company is producing or supplying a good amount of pasta in the local market. This gives a huge advantage to Nestle Bangladesh ltd. to enter in a very less competitive market and enjoy the first mover advantage. The company will get benefit from already a well established distribution channel of nestle and its’ dexterous staff to give the product in the peak of its success. The expected market share could be achieved by a sound promotion policy and by the brand name of Nestle as the maggi noodles is already a well known product. This instant pasta mix will attract customers just like it attracted the noodles customers. And as a different product it will be able to gain more market share by creating a completely new market. New types of pasta will be introduced to the market to keep the market in hand and the beginning will have a pasta festival that will create a brand value, promote the product, strengthen the brand in the customers’ mind and make customers believe that the only instant pasta mix provider in the market is maggi. The company is expecting to have a 40 percent share of the market at the first quarter and what will reach in 80/85 percent at the end of the year. Production cost could be minimized by nestle distribution channel.

Preface

Among many food companies that are providing food service in Bangladesh, Nestle Bangladesh ltd. is a well reputed company that started there business in Bangladesh many years ago and providing food products to local customers. This company has introduced many kind of food products in Bangladesh like baby foods and noodles. After a long period the company is

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