Training Course Overview: How To Select the Right FMCG Product for Your Market
Pre-Recorded Videos (Free Preview of Introduction & First Video – Category Analysis)
Videos are available in English and Hindi Language
Course Topics
Section 1: Category Analysis
Understanding the attractiveness of product category
Study category size and growth trends
Sub Category analysis
Section 2: Need Analysis
Conduct White Space Analysis to identify gaps or opportunities in existing product offerings
Sources of data for doing consumer research – Online and Offline
Designing a consumer interview questionnaire
Collecting consumer insights from online sources
Section 3: Feasibility Analysis
Market Feasibility Analysis
Technical Feasibility Analysis
Financial Feasibility Analysis
Operational Feasibility Analysis
Legal and regulatory Feasibility Analysis
Section 4: Product Development Process
Product Formulation
Prototype Creation
Initial Testing
Packaging
Regulatory Checks
Consumer Testing
Section 5: Offline Research
Retailer interviews
Retail store observations
Getting entry strategy idea for the entry strategy of product
Section 6: Creating The Brand
Getting the direction
Choosing from options – Premium, Copy, Mass, Niche
Checking the competitive landscape
Section 7: USP and STP
Define The USP of the product
Identify the consumer segment, target the right consumers, position the product
Select the right brand name
Section 8: Pricing and EBITDA
Steps in Pricing
Calculation of gross profit and unit economics
Calculate EBITDA at a scale and determine the Break-Even target
Who Should Attend?
This course is ideal for anyone who wants to learn the science behind launching a FMCG product in the market.
FMCG Enterprenuers
FMCG industry professionals
Management Students who are interested in FMCG industry
Training Methodology
Pre-recorded videos
Workbooks
Multiple Choice Questions
Expected Outcomes
By the end of the course, participants will be able to:
Identify and validate profitable product ideas
Develop a strategic roadmap for product development
Build a strong brand and position it effectively
Implement a sound pricing strategy and financial assessment
Increase the likelihood of a successful product launch
Join us to gain the expertise needed to transform your new product idea into a market success!
Call for any Query : 9266469059/9007317326
1 Subject
9 Exercises • 38 Learning Materials
63 Courses • 1476 Students
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