Also, the celebrities endorsing the brand has again raised a bar of questions about work ethics for them. Miss Zinta has been sued (as per reports) for promoting the brand that she endorsed 12 years ago !!
The problem is definitely bigger than what we saw a decade back happening with Pepsi or Coca-Cola or Cadbury`s dairy milk. In Dairy milk the worm founded can be due to packaging issue or negligence while manufacturing but in the case of maggie, the basic product itself is an issue and which moreover is not visible, Nestle definitely needs to communicate with the consumers of the product with a big brand campaign, to satisfy the appetite of questions in there head, as far as now, they only uploaded one statement on their twitter handle percolating there product safeness.
Well, the maggie is in a soup, for sure, and it's not an instant solving problem either. The brand with the decades of ruling the market has been hit hard, the shares are slumping, so the sales of the product which generates 30% revenue for the company.
The problem is definitely bigger than what we saw a decade back happening with Pepsi or Coca-Cola or Cadbury`s dairy milk. In Dairy milk the worm founded can be due to packaging issue or negligence while manufacturing but in the case of maggie, the basic product itself is an issue and which moreover is not visible, Nestle definitely needs to communicate with the consumers of the product with a big brand campaign, to satisfy the appetite of questions in there head, as far as now, they only uploaded one statement on their twitter handle percolating there product safeness.
Well, the maggie is in a soup, for sure, and it's not an instant solving problem either. The brand with the decades of ruling the market has been hit hard, the shares are slumping, so the sales of the product which generates 30% revenue for the company.
"WILL IT BOUNCE BACK ?"
Well Commented. This is bigger issue what we see today.
ReplyDeleteKeep Blogging.