Imperial Tobacco The Imperialist 1 Engl | Page 8

#Brands | MAXIM MAXIM SHARE OF LARGE PACKS AVAILABLE FROM KEY TOBACCO MARKET PLAYERS, JUNE 2016, % 2,5 FOR THOSE WHO KNOW A THING OR TWO ABOUT GOOD VALUE FOR MONEY T he situation on the tobacco market has been constantly changing during the past several years. In the present-day world, purchasing power of tobacco consumers is on decline – customers have settled on an aggressive savings plan. According to the latest opinion surveys, 70% of respondents have started saving on cigarettes. Nearly all respondents said that they had noticed a continuous upward trend in the prices of tobacco products, and as a consequence, a third of consumers were switching to cheaper brands. This trend emerged as far back as in 2014 and is continuing to develop nowadays. In this situation, Imperial succeeded in winning consumers’ favor with the launch of Maxim 25. However, large packs were banned. This measure affected nearly one in ten consumers WE INTRODUCED TWO VALUE OFFERS: MAXIM SPECIAL EDITION & MAXIM SKS as the large packs accounted for 8.5% of the market. There were alternative opportunities for every major player in the tobacco market in this segment; however, the loss of large packs came as a challenge to Imperial as it was a sizable part of our portfolio. WE HAVE CREATED A NEW SEGMENT IN THE TOBACCO MARKET – THE SUPER KING SIZE – AND RETAIN OUR LEADERSHIP IN THE SEGMENT To retain our consumers and our foothold in the market, we decided to offer two attractive alternatives: Maxim Special Edition – the good old Maxim but at the same price per cigarette as in large packs and Maxim 100 mm – a special gift to our consumers. Consumers get 20% more tobacco for the same price per cigarette as in large packs since these cigarettes are longer than normal ones. Both products have been launched in the five main regions: the Far East and Siberia, the Urals, and North and South Volga. Those regions used to account for 96% of large pack sales and it is where we have decided to focus our efforts. • WE HAVE OFFERED AN ATTRACTIVE PRICE TO CONSUMERS WHO USED 25S FORMAT. 0,2 2,0 • WE HAVE PROVIDED QUALITY SUPPORT FOR OUR NEW PRODUCTS: DEVELOPED INFORMATION MATERIALS FOR MORE THAN 1,500 STORES, INCLUDING UNIQUE ANIMATED FILMS. THE SHARE OF LARGE PACKS REPRESENTED 8.5% OF THE MARKET • THE ADVANTAGES OF THE NEW OFFERS HAVE BEEN PRESENTED TO CONSUMERS BY CONSULTANTS SECURING OVER 120,000 CONTACTS. • WE HAVE INCREASED SALES AT SOME OUTLETS BY 78% ON THE BACK OF THE PROMOTIONAL 'GIFT WITH PURCHASE' CAMPAIGN. 1,1 2,6 The support for and focus on MAXIM has delivered visible results and we would like to congratulate the entire team of Imperial Tobacco on this success. Maxim Special Edition and Maxim 100 mm have helped retain a large portion of our consumers. According to our estimates, 86% of consumers have remained loyal to the Maxim brand. For the time being, Maxim SKS market share is 0.3%. The total market share of Maxim Classic has recently been flat remaining at 2.5%. WE HAVE MANAGED TO RETAIN NO LESS THAN 86% OF OUR MAXIM 25 CUSTOMERS AND SWITCH THEM TO MAXIM SPECIAL EDITION AND MAXIM 100 MM The Империалист |  | 8