Lay`s - Super Brands
Transcription
Lay`s - Super Brands
MARKET Sometimes brands become more than simply the sum of their parts. Truly iconic brands have a magic about them that creates a special atmosphere for their consumers. Lay’s is just such a brand. For more than three quarters of a century Lay’s have enjoyed making the best snacks on earth, starting with simple, farm-grown ingredients and creating special snacks that people just love to eat. Despite having created these snacks for such a long time, Lay’s has not simply sat back and rested on its reputation, it still continues to innovate and improve its products. Lay’s arrived in Thailand in 1995 to cater for a salty snack market that currently is sized at over 29 million Baht a year. In Thailand’s salty snack segment, potato chips account for 30% and Lay’s has been the dominant player in the market for over a decade. Lay’s potato chips are the world’s best selling chip and the base design is the same world over. Lay’s uses both a proprietary potato and proprietary technology in every country, but flavours and flavouring systems are tailored to local market needs. In addition Lay’s is the “High Quality Real Potato” chip and has become a leader in the snack market. Lay’s is made from the finest natural ingredients and each Lay’s chip is made from a 100% natural potato cultivated at the world’s 34 leading potato farms in the Northern and Northeastern provinces of Thailand. Lay’s potato chips are carefully handled and closely inspected throughout the entire production process so consumers can be sure that Lay’s is made of “high-quality real potato” and is the ideal snack for everybody. ACHIEVEMENTS Lay’s has been the clear-cut market leader in the salty snack segment and potato chip market for almost twenty years and is recognised as being one of the most innovative manufacturers in the business. Lay’s Nori flavoured version is an example of this innovative approach to the business and has become the number one variant in the salty snack segment. Research shows that Lay’s affinity score (which measures how much consumers really like the brand) is the highest in the salty snack segment. HISTORY In 1932 salesman Herman W Lay opened a snack food operation in Nashville, Tennessee and, in 1938, he purchased the Atlanta, Georgia potato chip manufacturer “Barrett Food Company,” renaming it “HW Lay & Company.” Lay criss-crossed the southern United States selling the product from the trunk of his car. In 1942 Lay introduced the first continuous potato processor, resulting in the first large-scale production of the product. The business shortened its name to “the Lay’s Company” in 1944 and became the first snack food manufacturer to purchase television commercials, with Bert Lahr as a celebrity spokesman. His signature line, “so crisp you can hear the freshness,” became the chips’ first slogan along with “de-Lay-sious!” As the popular commercials aired during the 1950s, Lay’s went national in its marketing and was soon supplying product throughout the United States. In 1961 the Frito Company, founded by Elmer Doolin, and Lay’s merged to form Frito-Lay Inc, a snack food giant with combined sales of over $127 million annually, the largest of any manufacturer. Shortly thereafter, Lay’s introduced its best-known slogan “betcha you can’t eat just one.” Sales of the chips became international, with marketing assisted by a number of celebrity endorsers. In 1965, Frito-Lay merged with the Pepsi Cola Company to form Pepsico, Inc. and a barbecue version of the chips appeared on grocery shelves. A new formulation of chip was introduced in 1991 that was crisper and kept fresher longer. Shortly thereafter, the company introduced the “Wavy Lay’s” products to grocer shelves. In the mid to late 1990s, Lay’s modified its barbecue chips formula and rebranded it as “K.C. Masterpiece,” named after a popular sauce, and introduced a lower calorie baked version and a variety that was completely fat-free Lay’s WOW chips containing the fat substitute olestra. In the 2000s, kettle cooked brands appeared as did a processed version called Lay’s Stax that was intended to compete with Pringles, and the company began introducing a variety of additional flavour variations. Lay’s first entered the Thai market in 1995 and very quickly built a great reputation becoming known in the country as the “King of Snacks” after bringing in new technology that made delicious “gold standard” potato chips. PRODUCT In Thailand Lay’s portfolio of products can be divided into two distinct sectors - natural and fabricated potato chips. The Natural segment of potato chips is divided into three cuts. Firstly there is the original Flat cut version which is currently produced in various flavours including Original, Nori seaweed, Sour cream and onion, and Mieng Kam. Secondly, Lay’s also produces a Ridge cut version in the following flavours Original, extra BBQ, Hot chili squid, sweet basil, and Butter Scallop. Thirdly, Latest launched cut from Lay’s is “Deep Ridged cut” under the name “Lay’s MAXX” which just been introduced to Thai consumers in January’ 2014 in the following flavours – American Spareribs, Spicy Seafood, and Spicy Cheese. Lay’s Stax, the Fabricated version of potato chips is available in Original, Spicy lobster, Sour cream and onion, Extra Cheese, and Hot chili squid flavours. with Rice Bran Oil offers healthier alternative along with same great taste you have always enjoyed. This move underlines PepsiCo’s human sustainability initiatives focused on helping people live healthier lives by offering consumers a portfolio of healthy yet enjoyable foods and beverages. BRAND VALUES Lay’s Brand mission is to give consumers everyday simple happiness. Just having Lay’s will help enlighten your moment with the great taste of Lay’s just like Lay’s tagline, “You can’t help loving Lay’s”. The brand is perceived to be the most popular snack brand in consumers eyes mainly due to the following factors: Lay’s is perceived to be a very delicious snack compared to others. Lay’s has always become a trendsetter and innovation leader in various aspects, covering product platform, flavours offered, marketing campaigns, consumer-engagement activities, and the brand ambassadors. Moreover most Lay’s advertisements are popular and well liked. www.facebook.com/laysthailand Consumers Care In keeping with global’s health trend, Lay’s is the pioneer of Thailand’s snack industry in using rice bran oil for making its potato chips across all product variants namely “Lay’s” natural potato chip, “Lay’s MAXX” deep ridge potato chip and “Lay’s Stax” fabricated potato chip. Rice bran oil is rich in many natural antioxidants such as Oryzanol, Phytosterol, and also Vitamin E and contains less 50% less saturated fat comparing to palm oil. Lay’s Things you didn’t know about Lay’s Lay’s has worked with ten superstars as brand ambassador since its inception in Thailand - Marsha Vadhanapanich, Thongchai Mcintyre, Ray McDonald, Pattiparn Pattaweegarn, Kathaleeya Mcintosh, Paula Taylor, Peter Corp Dyrendal, Chin Chinawut, Nadech Kugimiya, and Urassaya Sperbund. l The first celebrity used in Lay’s advertising campaign was Marsha Vadhanapanich. l Lay’s in Thailand is the same brand as Walkers in UK, Smith’s in Australia or Chipsy in Egypt. l Since its’ inception in Thailand, Lay’s has closely and continuously worked with Thai potato growers, to transfer new knowledge and innovation in farming practices to them, and supply them with quality seed potatoes, with the ultimate aim of increasing farm productivity and improving crop yields. Each year, Lay’s has supported over 6,000 local farmers across over 27,000 rai of land in the Northern and Northeastern provinces of Thailand to develop quality potatoes. l