What went wrong with Cadbury BYTES?
If you don’t know then
let me tell you What is BYTES?
BYTES is a sweet snack,
which is a bite sized snack with a crunchy wafer and rich Choco cream filling.
It was launched by Cadbury in 2004.
The product was most
loved by all the kids of that era, but the company had to stop the production
of this product. Here the question arises “why”?
Well it's very
interesting to know that, this product didn’t had any competitors and it was
segmented as well as targeted to kids & teenagers. The product used to be
loved by the kids. Though in those time people used to pay Rs.5 per packet and
the quantity we use get was very low still,
we never hesitated to buy it. You will also be amazed know that people has
made a partition page where they asked people to collaborate and sign to get
this product back in market.
So the answer to it
starts when Kraft food took over Cadbury in 2nd February 2010.
When Kraft food bought
Cadbury, they said that the demand of bytes is not so much as compared to the
salty snacks of other brands, such as Frito Lays. And they also claimed that
the manufacturing cost of BYTES is much higher than the profit they got from
the product. Thus they called it low-volume and low-margin business. So, they
stopped the manufacturing of bytes and started a product known as OREO biscuits
and tang powered drinks, which made money in India and promoted as an
indigenous brand just as BYTES.
You can also say being
the new controller of Cadbury, Kraft Foods stopped the old product with a
reason and started another product such as OREO and Tang in place of it saying
that it has increased 40 percent of the
business growth.
Though this step of
Kraft Food kept the Cadbury as the market leader in chocolate, beverages, gums
and candies, still we can say if any product becomes emotion of the customers
then stopping that product is not an option to do. Even if the business is
facing some of the losses then it can be recovered by other products, but
removing that product completely from the market itself is not the solution and
can also lead in losing the customers.
Great content... Informative as well as emotional.... But I think everything should be stopped at a point and the company had taken a wright decision by replacing it with other products
ReplyDeleteYeah you are right with your statement at some point of time but.. Isn't it a great thing if any product gets attached to customer's emotions they could have relaunched it with another strategy.. I might be wrong correct me please if i am.. But yeah thank you for yur valuable feedback❣
DeleteSuperb...
ReplyDeleteThank you so much ❤
DeleteWc..teru
DeleteI loved these bytes😋
ReplyDeleteVery well described..kudos👍🥰
Thank you so much❤
DeleteVery nicely described keep it up
ReplyDeleteThank you so much❤
DeleteSuperb.. well described..keep it up..
ReplyDeleteThank you so much❤
DeleteNicely described dear....��
ReplyDeleteThank you so much❤
DeleteWhen we talk about MNCs their marketing strategy is the way different than others...I must say it's a very good effort by you...👍👍👍
ReplyDeleteThank you so much❤
DeleteWithin small words gr8 description...
ReplyDeleteThank you so much❤
DeleteVery nice keep it up.. Teresa.. 👏👍
ReplyDeleteThank you so much❤
DeleteKeep it up.. amazing content
ReplyDeleteThank you so much❤
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