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Weetabix case study: using innovation to stay ahead in a competitive mature market

Published by: Datamonitor

Published: Jun. 9, 2008 - 161 Pages


Table of Contents


DATAMONITOR VIEW
CATALYST
SUMMARY
ANALYSIS
The competitiveness of the breakfast market has resulted in Weetabix using a health positioning to drive growth
Weetabix is a long-standing favorite brand with UK consumers
Weetabix has improved the healthiness of its products to appeal to a more health-conscious society
Weetabix has added more healthy ingredients to its products
Weetabix has also reduced unhealthy elements of its cereals
Through Weetabix Week, the company suggests various ways of eating Weetabix in combination with other ingredients, to boost both its health and taste profile
Weetabix has turned its attention to increasing consumption by children
Weetabix's association with the popular Disney brand has created a range of healthier cereals for young children, but these have been criticized for a high sugar content
The company claims to target parents, not children, with its cereal promotions
Weetabix has used feedback and strong innovation concepts to remain competitive
Weetabix campaigns have successfully captured the public imagination and won favor with local farmers
Weetabix has launched new products based on emerging market trends
Oats have been identified as a crucial ingredient, both in the hot and cold cereal markets
Weetabix Gold looked to capture a consumer group who demand premium products, to little success
Criticism of Alpen - a leading brand from Weetabix - resulted in a complete brand reinvention
Kellogg's is dominating the cereal bar market, with other brands working to catch up
APPENDIX
Case study series
Methodology
Secondary sources
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
List of Tables
Table 1: Weetabix has an extensive portfolio of cereals available in the UK
List of Figures
Figure 1: Weetabix has received praise for its Weetabix Week campaign for its help in generating increased consumer purchases
Figure 2: Weetabix Wheat Art competition was designed to strengthen the company's relations with farmers
Figure 3: Weetabix's Alpen brand has responded to increasing competition in the muesli market


Abstract

Introduction

This report on Weetabix forms part of Datamonitor's case studies series, which explores business practices across a variety of disciplines and business sectors. It looks at how the company has stayed fresh in a market which is becoming increasingly driven by changing consumer preferences.

Reasons to Purchase
  • Gain insight into the methods used by important industry players to give them a competitive edge
  • Identify specific areas for operational improvements
  • Capitalize on the knowledge of experienced companies when entering a new niche or market



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