Accelerated growth strategy for a leading ice cream chain and assessment of the foodservice market.
Project Background
Wazir conducted a market assessment for a leading ice cream chain, identifying opportunities in the foodservice sector and formulating an accelerated growth strategy.
Scope of Work
Develop a growth strategy for enhancing brand presence in the foodservice market, answering the following key questions:
1What is the company’s existing product, pricing, placement and promotion strategy?
2 How has the historic business performance of the company been?
3 What is the existing market landscape and future outlook?
4 What are the consumer preferences and trends?
5 What should be the future strategy for growth? What will be the investment, revenue projections, expenses, and profitability and how will it be implemented?
Result Delivered
Provided detailed analysis of the Indian ice cream market:
Industry overview – market size, growth potential, segmentation
Competitive landscape – positioning, product offering, market penetration, business performance
Channel analysis – distribution channels and operating models relevant to client’s business
Consumer research – brands and product preferences, purchase frequency, occasions, willingness to pay, identification of target cohort
Combined market findings with insights from a detailed quantitative consumer survey to provide:
1 Understanding of brand positioning in the competitive ice cream market
2 Insights on customer engagement and perception of the brand
3 Recommendations for a future growth strategy aligned with consumer preferences and market dynamics