Nestle to skim the fat off its dairy products portfolio
Nestle India is looking at rationalising its dairy products portfolio. Having withdrawn butter from the market citing it 'unviable', it is considering a proposal to discontinue two more products.

Nestle India is looking at rationalising its dairy products portfolio. Having withdrawn butter from the market citing it 'unviable', it is considering a proposal to discontinue two more products. Sources say, Fruit & Mix Dahi and UHT milk could be on the list as both haven't made much headway. Nestle's dairy business has been under pressure for some time. Portfolio rationalisation - began late last year( the company moved out of dust tea, withdrew Nestle Chocostik, butter and Nestle Choo). It is now looking at the dairy product portfolio.
In fact, the dairy product business has been a dark spot during '05. Nestle says the performance of its dairy related products “wasn't satisfactory.” Barring Nestle Dahi, which itself has volume constraints due to premium pricing, most of the other items in this segment haven't done too well. While Nestle Everyday Dairy whitener grew 'modestly', Nestle Milkmaid has been under pressure. Its UHT milk was hit by severe procurement problems late last year. An e-mail to Nestle went unanswered.
Innovating its dairy portfolio, last year Nestle introduced Raita in select markets. Sources say, the product hasn't generated much excitement and is yet to go national. “The prices of milk continue to be on an upward trend and efforts will be to improve the performance of this category with appropriate price management, in a very competitive environment,” Nestle says in its annual report. While it trims its portfolio, Nestle is bullish on the culinary segment and sees a great opportunity in the out-of-home consumption market.
No wonder, there's an increasing thrust on expanding the network of vending machines for beverages. Nestle sees the OOH opportunity as “significant to leverage its skills and competencies in vending and using its product portfolio to address consumer needs.”
Culinary focus emanates from Nestle's buoyed performance in the business last year. Nestle launched a series of new initiatives under the Taste Bhi, Health Bhi brand, such as Maggi Vegetable Atta Noodles and New Maggi Healthy Soups, both of which have been well-received. The company wants to consolidate those gains. It plans a new facility in Uttaranchal with an investment of Rs 100 crore to manufacture culinary products.
Nestle India has actually been looking at various options for a speedier growth path. It has announced a slew of launches during the last twelve months, the latest being Nestle Ceremeal Daliya (porridge).
Also on the cards is, Everyday Sugar-free variant to kickstart the products growth on health platform. The company took the same health route for its instant noodle brand, Maggi, when it launched Atta noodle and fortified Maggi soups. The new Nescafe 3-in-1 coffee mix is actually a re-launch. It's previous attempt at instant coffee mix some 5 years back had come a cropper.
Persistent quest for newer product options, say analysts, will be critical to Nestle as its key product segments have been under pressure lately.
In February, deceleration in sales of milk food and weaning foods restricted the company's growth to 8.2% YoY, much below the industry average of 10.6%. According to analysts, Nestle's sales growth in weaning foods decelerated to 3.4% YoY from 10% YoY in CY05 and milk foods decelerated to 8.2% YoY from 11.7% YoY in CY05.
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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