본문/내용
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Shin Ramyun Black Re-launching
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Overview
Situation
Analyze
Problem
Solution
Overview
Analyze the failed launch of Nongshim’s Shin Ramyun Black by utilizing the marketing tools and provide marketing solutions
Situation
Analyze
Macro-environment
3C
STP
Problem 4P
Solution 4P
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Overview
Situation
Analyze
Problem
Solution
What is Nongshim
What happened
Instant foods manufacturer (instant noodles, udong, snacks, drinks, etc)
Total Revenues: 63,198m
Instant noodles represent 67.5% of total revenue
Rank of Instant Noodle Revenue:
1st Nongshim (1조 3000억원)
2nd Samyang (2200억원)
3rd Oddugi (1700억원)
Launch of Shin Ramyun Black to commemorate the 25th anniversary of Shin Ramyun
Initially made profit above the break-even point but began losin…
Competitor
New competitors take Nongshim’s customer
Ramyun sales rank in Retail Outlet
1st
2nd
3rd
4th
5th
Shin ramyun
Shin ramyun
Zzapagetti
Nuguri
Ansungtang myun
Samyang ramyun
Ggoggo myun
ZZapagetti
Nagasaki
Ansungtang myun
2xxx. 7
2xxx. 10
Ramyun sales portion in Retail Outlet
%
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Overview
Situation
Analyze
Problem
Solution
3C Analysis Company & Competitor
Ramyun industry Big 3 company launched new product
Big 3 company comparative analysis
Nongshim
Samyang
Yagurt
M/S
Brand
Awareness
Main Product
New
Product
70%
12%
10%
VeryHigh
High
Low Middle
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Relatively low margin
Heavily dependence on major Product
Dependence on raw-material imports
Weaknesses
Market is already saturated
Instant noodle vs. Well-being trend
New very strong competitor
Threats
Increasing appetite for ramen globally
Inelastic in business fluctuation
Demand increase due to singles
Opportunities
TOP Brand a