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Market Intelligence & Consulting




                  Competitive Landscape Analysis
                            Study of Natural Medicine Industry in the US



                                   Team Name - Chaudhary’s Angels
                                    IIFT
Table of Contents


       Objectives


       Approach Used


       Industry Analysis


       Consumer Analysis


       Opportunities & Threats


       Research Data




2                   ZENeSYS Confidential   Market Intelligence & Consulting
Study Objectives




       A positioning report for Gruvolo Botanicals using ZENeSYS
     Competitive Landscape Analysis to help them get ahead of their
                                 competitors.




3               ZENeSYS Confidential                  Market Intelligence & Consulting
ZENeSYS Competitive Landscape Analysis
Methodology

                                      Research assorted
                                       Natural Medicine                                           Synthesis
    • Consumer                          Company sites        • Qualitative
      Preferences                                              observations
                                 • Assess Natural                                        • Threats
    • Natural Medicine                                       • Quantitative
      Industry Goals
                                   Medicine
                                                               assessments               • Opportunities
                                   Companies
                                 • Using a Goals -
             Detailed              Preference Matrix
            Secondary                                                 Analysis
            Research




    A set of Natural             Using the Goals and         Slides 27 to 64 show       By rating the quality of
    Medicine Industry            Preferences, we             the observations and       activity seen, we
    Goals and consumer           researched Company          ratings H, M or L on       plotted charts to make
    Preferences were             1,2,3,4,5 activity on the   how each Natural           conclusions on relative
    determined from              net and recorded            Medicine company is        performance and
    news, blogs, websites,       observations                meeting its goals along    generated insights on
    social media                                             the dimensions of the      threats and
    conversations etc.                                       consumer preferences       opportunities.




4                        ZENeSYS Confidential                                          Market Intelligence & Consulting
Analysis of Goals




5   ZENeSYS Confidential                       Market Intelligence & Consulting
Company Goals



    Using R&D and New Product Development for Commercialization


    Maximize product visibility and brand recall


    Develop extensive and optimal distribution channels to maximize
    customer touch-points


    Recognition by Independent agencies


    Developing an indigenous or sustainable model for procurement




6                     ZENeSYS Confidential                            Market Intelligence & Consulting
Goal 1- Using R&D and New Product Development for
commercialization

Problem – The biggest challenge for a company is to increase the credibility of the
'Natural Medicine' it offers.
Solution – Utilizing R&D and testing to increase its credibility not only in the minds
of the customers, but also in front of the lawmakers, that will help the industry get
accepted in other states as well.

                                                                    12

    Amazing        Grown on a family run farm in Kansas
    Grass is the   Different flavors eg. Chocolate, Vanilla etc.,   10
    leader         available
                   Available in Energy bars, Raw, Meal form
                                                                    8


                                                                    6


                   • Offer different flavours for same category     4
    Others         • Easily dissolvable in water
                   • Good taste (Testimonials)
                                                                    2


                                                                    0


7                             ZENeSYS Confidential                       Market Intelligence & Consulting
Goal 2- Maximize product visibility and brand recall

Finding – People do not like to compromise on their medical treatments, as such
they tend to prefer a 'global' and higher selling brands over smaller ones, even if
the composition of the medicines are the same. The Brand of the medicine gives
it credibility.



    Amazing         • Amazing grass has own stores as well as
                                                                     12
    Grass, Jarrow     easily available in retail stores
    Formulas are    • Educates customers on product features and
    the leaders       comparisons                                    10
                    • Both use E-Commerce websites to the fullest
                                                                     8


                                                                     6

                    •   Present on all major E-Commerce websites
    Others                                                           4
                    •   Endorsed by models
                    •   Use Twitter/Facebook/Youtube/Pinterest etc
                    •   Contests on facebook                         2


                                                                     0


8                               ZENeSYS Confidential                      Market Intelligence & Consulting
Goal 3- Develop extensive and optimal distribution
channels to maximize customer touch-points

Point of Difference – The medicines/products should be available at all
medical stores & E-Commerce websites;
Waiting time after ordering should be low.




                  • Testimonials show people shifting from
                    Amazing grass to Jarrow Formulas Green
    Jarrow          Defense because it is shipped within 3 days,
    Formulas is     while waiting time for Amazing Grass is more
    the leader      than a week




                  • Available at retail stores
    Others        • Sales in most major E-Commerce websites
                  • Bundling done to increase off take with
                    complementary products




9                          ZENeSYS Confidential                    Market Intelligence & Consulting
Goal 4- Recognition by independent agencies

Deterrent – Treatment from Naturopathy is excluded from the Universal Healthcare
system.
Short Term Solution – Independent agencies certifying the products or its
ingredients are a workaround when FDA approval is not given.
Long Term Solution – Change in the current Laws, especially in the states where
sale of such medicines is banned and ingredients that are not certified by FDA are
needed.

     Kyolic Kyo     • Jarrow honored by NPA West
     Green, Jarro   • Moved to form independent Trade Union to
     w Formulas       take on FDA’s NDI proposal & was successful
     are the          in getting changes incorporated in the act
     leaders




                    • Use certifications of USDA
 Others               organic, CCOF, ANMA, AHPA etc., to show
                      credibility of claims




10                             ZENeSYS Confidential                 Market Intelligence & Consulting
Goal 5- Developing indigenous or sustainable
procurement model

What helps – Indigenous development of such plants increases credibility of such
medicine (as seen in the case of Natural Medicine in Australia) and also would
decrease sourcing costs



                                                                 12
                • Amazing grass is grown in a family farm in
                  Kansas state
 Amazing
                • Model in place since decades                   10
 Grass is the
                • Helps achieve lower cost of production and
 Leader           maintain quality
                                                                 8


                                                                 6


                • Try to show that their ingredients are grown   4
 Others           following the best industry practices
                • Are 100% vegan etc.
                                                                 2


                                                                 0


11                          ZENeSYS Confidential                      Market Intelligence & Consulting
Analysis of Consumer Preferences




12   ZENeSYS Confidential              Market Intelligence & Consulting
Consumer Preferences




     Competitive Pricing


     Effectiveness & no/less side effects


     Recognition/Verification


     Wide usage/popularity amongst peer groups


     Availability




13                     ZENeSYS Confidential      Market Intelligence & Consulting
Preference 1: Competitive pricing
Companies in the natural medicine domain need to follow a
competitive pricing strategy as these medicines are not covered
under insurance




             • Availability of innovative packet sizes and
               variety to suit all consumer segment
Amazing      • Self owned farms in Kansas reduces sourcing
Grass is       and logistics cost
             • Various discount and coupon offers
the leader




             • Others follow bundling model to sell in bulk
             • Sachets available for travellers and first time users
Others
             • Leveraging on the parent company’s distribution
               channels
             • Price comparison available vis-a-vis other products




14                         ZENeSYS Confidential                        Market Intelligence & Consulting
Preference 2: Effectiveness
Record proven effectiveness of the product is essential. Also there
should not be any side effects or allergies while using in the product




Amazing         • Special treatment on the proprietary process
Grass & Kyo-      to ensure perfect blend
                • Explicit mention of the products in health
Green are the     magazines and journals
leaders         • Good customer feedback on its benefits




                • 90 days money back guarantee scheme to
                  prove effectiveness
Others          • Expert review about the product on its own
                  websites
                • Third party blogs and testimonials highlighting
                  its effectiveness




15                           ZENeSYS Confidential                   Market Intelligence & Consulting
Preference 3: Recognition and Certification
The effects of Natural Medicines have not yet been scientifically
proven and are banned from practice/sale in over 30 states in the US



                  • Award for best practices by Natural product
Jarrow              association in the natural medicine category
formulas is
the leader        • Approval for its major products by USDA
                    Organic, CCOF, AHPA




                   • Products verified by independent labs
                   • Awards for innovative and effective
Others               supplements by various authorities
                   • References to studies contacted in the field
                     with direct implication and benefits of the
                     product




     In 2011, Food and Drug Administration came out with The Federal Food, Drug, and Cosmetic Act (the
     act) that requires manufacturers and distributors who wish to market dietary supplements that contain
     "new dietary ingredients" notify FDA about these ingredients.
                                                                    Source: http://www.fda.gov/Food/DietarySupplements/ucm109764.htm

16                              ZENeSYS Confidential                                            Market Intelligence & Consulting
Preference 4: Wide usage and popularity in peer group
The effects of Natural Medicine are relatively unproven and the
concept is new. As such a customer will look for word of
mouth/referrals before trying Natural medicine. Hence, ‘Product
Endorsement’ is essential


                  • Taste and solubility are major factor for
                    popularity of the product
                  • Range of variety available for different
                    consumers
        Best
                  • Good customer feedback on common e-
      practices     portals
                  • Anecdotes by various users giving
                    complete detail benefits of the products
                  • Endorsements by celebrities and health
                    practitioners




 17                          ZENeSYS Confidential               Market Intelligence & Consulting
Preference 5: Easy availability
 The medicine should be delivered at the shortest time possible when
 ordered online. Wide availability also gives credibility to the brand as
 well as medicine


Amazing
Grass &           • Tie-ups with physical retail chain store
Jarrow            • Own store locators option available
                  • Effectively utilising search engine optimization
formulas are
                    (SEO)
the leaders




                   • Over the counter availability
Others             • Easily found in common e-commerce websites
                   • SKUs differentiators cover wide spectrum of
                     consumer
                   • Links and pages on social networks




      Some reviews on e-commerce websites show that customers have switched their brand of Natural
      Green Supplements only because it takes a lot of time to be delivered
 18                            ZENeSYS Confidential                          Market Intelligence & Consulting
Summary of Opportunities and Threats
          using a Synthesis Matrix




19   ZENeSYS Confidential            Market Intelligence & Consulting
Performance of Natural medicine manufacturers in
     meeting their goals and delivering on consumer
     expectations


                                                                                                                                                                       Develop
                                                 Use R&D and NPD Maximize product         Increase       Get recognition by
                                                                Competitive Landscapecustomer touch                                                                  sustainable
                                 Goals                 for         visibility and brand Synthesis Matrix   independent
                                                                                                                                                                     procurement
                                                 commercialization         recall          points             agencies
                                                                                                                                                                        model


Customer Preference                                          G1                                G2                          G3                          G4                 G5


 Competitive Pricing               P1                 AG,KKG,jf,g,gn                  AG,kkg,JF,G,gn             gb,AG,KKG,JF,g,gn                                       AG,JF

     Effectiveness of
                                   P2              gb,AG,kkg,JF,g,GN                      ag,kkg,jf,g,gn                                           ag,KKG,g,gn       gb,AG,KKG,g,gn
         product

   Recognition by
                                   P3                   AG,kkg,jf,g                          ag,jf,g                                               ag,kkg,JF,gn            jf
independent authority

Wide usage/popularity
                                   P4                gb,AG,KKG,JF,G                   AG,kkg,JF,G,gn                ag,KKG,JF,gn,g               gb,ag,KKG,JF,gn,g      ag,GN,g
    in peer group

     Easy Availability             P5                AG,kkg,JF,G,gn                   AG,KKG,JF,g,gn               AG,KKG,JF,g,gn                    ag,JF,gn        AG,KKG,jf,g,gn


                                   High             Medium            Insufficient    X       No Correlation
                                                                      Information            GB = Gruvolo, KKG=Kyolic Kyo green, G= Greenergy, JF=Jarrow
                                                                                             Formulas Green defence, AG= Amazing Grass, GN=Gary Null

                  Note: Entry as caps indicate stronger correlation. See slide 28 to 82 for more information. ( U – Underwriter , C- Customer)


20                                          ZENeSYS Confidential                                                                             Market Intelligence & Consulting
Summary of Opportunities (gaps seen)

     Independent Authority Affiliation – Recognition – Approvals – Local Procurement – Price
                                          Competitiveness


     Cell Ref   Opportunities                        Recommendation
                                                     Show studies to prove beneficial effects of
                Getting recognized by independent
                                                     product. Eg: Few companies like Kyolic Kyo Green
     G2 x P3    authorities to enhance their brand
                                                     and Gary Null’s Green Stuff have independent and
                recall/visibility.
                                                     sponsored books and studies backing their claims.
                                                     Can work to get recognized by independent
                                                     authorities to certify their products to be purely
                Getting approvals from recognized
     G4 x P5                                         organic. Eg: Amazing Grass has recognitions from
                bodies to promote their products.
                                                     USDA Organic, Green America, Natural Products
                                                     Association, CCOF & Kosher.
                                                     Localized sourcing will help reduce product cost.
                Working for sustainable and          Economies of Scale will further decrease prices. Eg:
     G5 x P1    indigenous procurement models to     Amazing Grass has a self – owned farm in Kansas
                remain price competitive.            which it uses to procure wheat grass directly
                                                     without relying on suppliers.

21                         ZENeSYS Confidential                            Market Intelligence & Consulting
Summary of Opportunities (contd..)


     Cell Ref   Opportunities                           Recommendation
                Only one company working on
                                                        Use indigenous substitutes of Chinese botanicals to
                recognition from independent
     G5 x P3                                            get FDA approval. Eg: Jarrow’s takes NDI approvals
                authorities to certify their procured
                                                        for all its ingredients.
                ingredients from outside.
                                                    Develop plans to source all ingredients locally if
                Some of the companies claim         not done already. Promote procured and made in
     G5 x P4    ingredients sourced and produced in USA tag to attract customers. Eg: Amazing Grass
                USA to be their USP.                and Gary Null’s Green Stuff proudly proclaim of
                                                    their US only sourcing.




22                          ZENeSYS Confidential                             Market Intelligence & Consulting
Summary of Threats (best practices seen)

     Competitive Pricing – High degrees of promotion – Innovative Product Developments –
      Recognition – Wide availability – Optimal Supply Chain – Sustainable Procurement


      Cell Ref   Best Practices                        Recommendation
                                                       Come up with different products, flavors &
                 Utilizing R&D and New Product
                                                       package sizes. Eg: Companies like Amazing
      G1 x P1    Development to remain price
                                                       Grass, Kyolic Kyo Green etc. have different
                 competitive.
                                                       pack sizes and flavors priced differently.
                                                       Get recognized by independent labs or
                 Having one’s Manufacturing Process authorities for organic certification, product
      G1 x P3    and Product Ingredients recognized by safety recognition. Eg: Amazing Grass has its
                 Independent Authorities               products certified organic by organizations like
                                                       USDA Organic, Kosher, CCOF etc.
                                                       Ensure adequate commercialization and that
                                                       all new products in different package sizes are
                 Most products are available easily
                                                       available across all available retail formats. Eg:
      G1 x P5    across a multitude of online/physical
                                                       Amazing Grass is found on Amazon, iHerb,
                 retail stores
                                                       DrugStore and a lot of other brick and mortar
                                                       stores.

23                        ZENeSYS Confidential                               Market Intelligence & Consulting
Contd. Summary of Threats (best practices
seen)

     Cell Ref   Best Practices                             Recommendation
                                                           Ensure products are available at competitive
                                                           prices. Discount coupon codes may be given to
                Focusing extensively on pricing products
                                                           attract customers. Eg: Amazing Grass products
     G2 x P1    competitively to enhance the visibility of
                                                           are available at competitive prices on Amazon,
                their brands and brand recall.
                                                           iHerb, DrugStore etc. Also discount coupons for
                                                           the same available on RetailMeNot.
                                                           Try to get featured in health magazines. If need
                                                           be sponsor studies to prove effectiveness. Can
                Working towards getting recognized as also get celebrity endorsements. Eg: In the April
     G2 x P2    potent alternatives to conventional        2012 edition of the Marie Claire magazine,
                health supplements.                        Australian supermodel Abbey Lee Kershaw
                                                           included Amazing Grass on her list of beauty and
                                                           style obsessions.
                                                           Try to get favorable customer feedbacks on public
                Increase their brand recall and initiate forums like Facebook etc. Initiate discussions on
     G2 x P4    product comparisons to attract more        comparisons. Eg: Amazing Grass maintains a
                customers.                                 regularly updated FaceBook/Twitter page to
                                                           educate customers and initiate discussions.
24                         ZENeSYS Confidential                              Market Intelligence & Consulting
Contd. Summary of Threats (best practices seen)

     Cell Ref   Best Practices                            Recommendation

                                                        Get more store presence and increased customer
                Going for an optimized supply chain and
                                                        touch-points to ensure wider usage of products.
     G3 x P4    distribution which helps in wider user
                                                        Can also work along the lines of the Affiliate
                acceptance.
                                                        Program launched by Amazing Grass.

                                                           Optimum supply chain ensures greater and
                                                           easier availability of products in physical retail
                Focusing on easy availability across a     chains and major e – commerce portals. Eg:
     G3 x P5
                multitude of online/physical retail stores Amazing Grass is available on Amazon, iHerb,
                                                           DrugStore etc. apart from physical stores and its
                                                           own website.
                                                           Promote organic content by associating with
                Going for Independent recognition to       organizations such as USDA Organic, Green
     G4 x P2
                prove product effectiveness.               America, Natural Products Asso., CCOF etc which
                                                           provide certifications to Amazing Grass.
                                                      Try to get ingredients procured locally or self grow
                                                      them to develop a sustainable supply chain model
                Companies are favoring Indigenous and
     G5x P5                                           to ensure reliable product availability. Eg:
                local procurement
                                                      Amazing Grass and Gary Null’s Green Stuff
                                                      procure from their own farms.
25                           ZENeSYS Confidential                                  Market Intelligence & Consulting
Untapped Opportunities


             Complementary avenues which
             needs to be explored:


              Doctors specializing in
               preventive medicines
              Approval and recognition from
               USDA organic, CCOF, American
               Natural Medicine Association
               (ANMA) and American Herbal
               Product Association (AHPA)
              External reviews and feedback
               for the product
              Efficient use of Search engine
               optimization (SEO) for top of
               the mind awareness


26             ZENeSYS Confidential             Market Intelligence & Consulting
Synthesis & Findings
     Detailed log of research findings for each Company
                Goal by Customer Preference




27     ZENeSYS Confidential                        Market Intelligence & Consulting
Ranking of the Natural medicine manufacturers
through Synthesis Matrix considering the preferences
of consumers and company goals

» Amazing Grass
» Jarrow formulas Green Defense
» Kyolic Kyo-Green
» Greenergy
» Gary Nulls’ Greenstuff
» Gruvolo botanicals




28               ZENeSYS Confidential            Market Intelligence & Consulting
Findings on Co. 1
                             Gruvolo Botanicals




29   ZENeSYS Confidential                         Market Intelligence & Consulting
For Goal 1 (Spending on R&D and New Product
Development) – Gruvolo Botanicals

                                                                Goal 1- Spending on R&D and
                           Preferences                           New Product Development             Score                     References

                                                                                                             http://www.amazon.com/Jarrow-Formulas-
                                                                                                             Green-Defense-Servings/dp/B0013OUKM0
                                                                                                             http://www.amazon.com/Amazing-Grass-
                                                                                                             Superfood-8-5-Ounce-Container/dp/B00112ILZM
                                                                                                             http://www.gruvolobotanicals.com/products/gruvo
                                                                                                             los-premium-greens
                                                              Not covered under insurance.                   http://www.h2oceanstore.com/tattoo-aftercare-
                                                              Priced higher than major                       s/67.htm
                                                              competitors ( Jarrow, Amazing                  http://www.tattoogoostore.com/category_s/1.htm
                                                              Grass, Kyolic Kyo- for dietary                 #.UTswwFd5o0w
                                                              supplements; H2Ocean & Tattoo                  http://www.gruvolobotanicals.com/products/tatge
P1 - Competitive pricing                                      Goo- for Tattoo care products)          L      vity-extended-care
                                                              Less/No side effects. But,
                                                              spending on R&D and NPD not
P2 - Effectiveness & no/less side effects                     shown.                                  M

                                                              No. No tests done on animals etc.              http://www.gruvolobotanicals.com/pages/disclaim
P3 - Recognition/verification                                 FDA has not evaluated.                  L      er
                                                              Some testimonials given.
                                                              Blog/Twitter/Youtube not                       http://www.gruvolobotanicals.com/pages/testimo
P4 - Usage/popularity in peer groups                          maintained                              M      nials
                                                              Online availability only on shopify.
                                                              Only tatto care products available
                                                              in variable content packs. Different
                                                              SKUs of Premium greens and alka
P5 - Availability                                             drops not available.                    L      http://www.gruvolobotanicals.com



30                                     ZENeSYS Confidential                                                     Market Intelligence & Consulting
For Goal 2 (Maximize product visibility and brand
recall) – Gruvolo Botanicals

                                                Goal 2- Maximize product visibility and
                    Preferences                             brand recall                Score                        References




                                                                                                http://www.gruvolobotanicals.com
                                               Competition very extensive. Available            http://marketplace.shopify.com/search?q=Gruvolo+Botan
P1 - Competitive pricing                       for purchase on own webite and shopify    L      icals


                                               Branding efforts not undertaken. No
                                               sponsored/unsponsored studies
P2 - Effectiveness & no/less side effects      available.                                L      http://www.gruvolobotanicals.com/pages/disclaimer



P3 - Recognition/verification                  Not done. FDA approval not done.          L      http://www.gruvolobotanicals.com/pages/disclaimer



P4 - Usage/popularity in peer groups           Not many testimonials/advertising done.   L      http://www.gruvolobotanicals.com/pages/testimonials



                                                                                                http://www.gruvolobotanicals.com
                                               Not available on any other e-commerce            http://marketplace.shopify.com/search?q=Gruvolo+Botan
                                               websites apart from shopify. High-               icals
P5 - Availability                              placed yet has less sellers               L




31                                     ZENeSYS Confidential                                                   Market Intelligence & Consulting
For Goal 3 (Develop extensive and optimal
distribution channels) – Gruvolo Botanicals

                                                                   Goal 3- Develop extensive and
                           Preferences                                                              Score                      References
                                                                    optimal distribution channels




                                                              Prices can be reduced if sales are            http://www.gruvolobotanicals.com
                                                              increased. Currently sold online              http://marketplace.shopify.com/search?q=Gruvol
                                                              only on shopify. No sales on                  o+Botanicals
P1 - Competitive pricing                                      Amazon/eBay etc.                       M

P2 - Effectiveness & no/less side effects                     --

P3 - Recognition/verification                                 --

                                                                                                            http://www.webmd.com/diet/features/truth-
                                                                                                            behind-top-10-dietary-supplements
                                                                                                            http://www.alive.com/articles/view/19180/top_10_
                                                                                                            supplements
                                                                                                            http://tattoo.about.com/cs/beginners/a/blaftercare
                                                                                                            .htm
                                                                                                            http://www.borntoride.com/new/wordpress/2009/
P4 - Usage/popularity in peer groups                          Availability Low. So usage is low.      L     05/11/the-truth-about-tattoo-aftercare/

                                                                                                            http://www.gruvolobotanicals.com
                                                              Only available on 2 websites. OTC             http://marketplace.shopify.com/search?q=Gruvol
P5 - Availability                                             data not available.                     L     o+Botanicals




32                                     ZENeSYS Confidential                                                    Market Intelligence & Consulting
For Goal 4 (Recognition by law & insurance
agencies) – Gruvolo Botanicals

                                                              Goal 4- Recognition by law &
Preferences                                                                                              References
                                                              insurance agencies
                                                                                                         http://www.amazon.com/Jarrow-Formulas-
                                                                                                         Green-Defense-Servings/dp/B0013OUKM0
                                                                                                         http://www.amazon.com/Amazing-Grass-
                                                              Stakes lesses than competitors as          Superfood-8-5-Ounce-Container/dp/B00112ILZM
                                                              products sold are mostly                   http://www.gruvolobotanicals.com/products/gruvo
                                                              application based herbal products.         los-premium-greens
                                                              But data not available for efforts         http://www.h2oceanstore.com/tattoo-aftercare-
                                                              made to get it covered under               s/67.htm
                                                              insurance etc.                             http://www.tattoogoostore.com/category_s/1.htm
                                                              Pricing very high when compared            #.UTswwFd5o0w
                                                              with other dietary supplements and         http://www.gruvolobotanicals.com/products/tatge
P1 - Competitive pricing                                      'natural' tattoo care products         L   vity-extended-care
                                                              A perception has been developed
                                                              of 'no side effects' from natural          http://www.gruvolobotanicals.com/products/gruvo
                                                              medicines esp. for medicines for           los-premium-greens
                                                              treatment of common cold. Not              http://www.gruvolobotanicals.com/products/com
P2 - Effectiveness & no/less side effects                     widely accepted/unknown brand.         L   mon-cold-formula
                                                              More spending on R&D and
                                                              testing/certifications will increase
                                                              acceptance. Not done yet.
P3 - Recognition/verification                                 Not compliant to FDA's NDI             L
                                                              Efforts to brand the product very
                                                              less.                                      http://www.youtube.com/GruvoloBotanicals
                                                              Youtube/Twitter/Blog account are           https://twitter.com/tatgevity
P4 - Usage/popularity in peer groups                          dormant                                M   http://gruvolo.tumblr.com/
                                                                                                         http://www.gruvolobotanicals.com
                                                                                                         http://marketplace.shopify.com/search?q=Gruvol
P5 - Availability                                             Sold online only on Shopify            L   o+Botanicals

33                                     ZENeSYS Confidential                                                 Market Intelligence & Consulting
For Goal 5 (Developing an indigenous or
sustainable model for procurement) – Gruvolo
Botanicals
                                                              Goal 5- Developing an indigenous
                                                                  or sustainable model for
                           Preferences                                                         Score                      References
                                                                        procurement



                                                              Pricing bound to come down with
                                                              local sourcing. Data not available
                                                              where the 'chinese herbs' are
P1 - Competitive pricing                                      souced from.                          L

                                                              No side effects. Acceptability will
                                                              increase if herbs are locally             http://www.gruvolobotanicals.com/products/gruvo
P2 - Effectiveness & no/less side effects                     sourced                               M   los-premium-greens



                                                              Not done.
                                                              Not certified by FDA under the            http://www.gruvolobotanicals.com/pages/disclaim
P3 - Recognition/verification                                 current NDI regulation                L   er

P4 - Usage/popularity in peer groups                          --


                                                              Supply chain will develop with
P5 - Availability                                             localisation. Not done yet.           L




34                                     ZENeSYS Confidential                                                Market Intelligence & Consulting
Findings on Co. 2
                              Amazing Grass




35   ZENeSYS Confidential                       Market Intelligence & Consulting
For Goal 1 Focused spending on R&D & NPD– Amazing grass


                                  Goal 1- Spending on R&D and New Product
          Preferences                           Development                                   Score                                References


                                Production costs higher since they take longer to                     http://amazinggrass.com/product_info/3664/Compare-Our-Greens-to-Other-
                                produce. Still maintains a very competitive price vis a vis           Greens.html, http://blog.healthkismet.com/amazing-grass-green-superfood-
                                                                                               H
                                other similar companies. Available in different and                   review, http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-
P1 - Competitive pricing        innovative packet sizes, targeting all groups.                        alias%3Dgrocery&field-keywords=amazing+grass
                                                                                                      https://secure.amazinggrass.com/product_info/3663/Harvesting-
                                Better than tray grown grass and harvested once in 200
                                                                                                      Process.html, http://amazinggrass.com/product_info/3664/Compare-Our-
                                days during its nutritional peak. Their POD is their
                                                                                                      Greens-to-Other-Greens.html,
                                proprietary process. Right from growth to harvesting,
                                                                                                      http://amazinggrass.com/product_info/5427/Compare-Wheat-Grass-and-
                                capturing and locking nutrition value. Extreme care
                                                                                                      Tray-Grown-Grass.html,
                                taken under a closely controlled process and packaging         H
                                                                                                      http://www.betterwayhealth.com/blog/category/amazing-grass-superfood/,
                                is done in highest quality Pharma grade containers. R&D
                                                                                                      http://search.proquest.com/business/docview/457125111/13CB4A9046725A
                                in Commercialization - They sell it in a powder form you
                                                                                                      9F9EE/1?accountid=33465,
P2 - Effectiveness & no/less    mix with water or juice, pills and energy bars & have a
                                                                                                      https://secure.amazinggrass.com/in_the_press/6801/May-2012---US-
                                well defined product line.
side effects                                                                                          Business-Executive-Summer-Issue.html
                                                                                                      http://amazinggrass.com/product_info/5427/Compare-Wheat-Grass-and-
                                The product performances and comparison with tray                     Tray-Grown-Grass.html,
                                grown grass were verified by independent labs . Has also              https://secure.amazinggrass.com/in_the_press/6555/March-2012---
                                                                                               H
                                been awarded for its innovative and effective                         Delicious-Living-Magazine-.html,
                                supplements.                                                          https://secure.amazinggrass.com/in_the_press/6554/January-2012---Taste-
P3 - Recognition/verification                                                                         for-Life-2012-Essentials-Award-Winner-Best-Supplement.html
                                Amazing grass was well accepted and its popularity has
                                grown significantly ever since its inception. Its wide                https://secure.amazinggrass.com/in_the_press/6801/May-2012---US-
                                                                                               H
P4 - Usage/popularity in peer   range of products are eagerly sought after. It has also               Business-Executive-Summer-Issue.html
                                gone for NPDs to improve the taste of the products.
groups
                                                                                                      http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-
                                                                                                      alias%3Dgrocery&field-keywords=amazing+grass,
                                                                                                      http://www.iherb.com/search?kw=amazing+grass&x=-803&y=-154#none,
                                Varied product designs and SKUs have helped in their
                                                                                               H      http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bm
                                availability to all customer categories with varied needs.
                                                                                                      atchallpartial&Ntk=All&srchtree=1&Ntt=amazing+grass&Go.x=-827&Go.y=-
                                                                                                      105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw
P5 - Availability                                                                                     %3D

36                                     ZENeSYS Confidential                                                               Market Intelligence & Consulting
For Goal 2 Maximizing Product Visibility–
 Amazing grass
         Preferences             Goal 2- Maximize product visibility and brand recall Score References

                                                                                                       http://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3Dgrocery&field-
                                 Customers are willing to pay higher for a green organic
                                                                                                       keywords=energy+drinks&rh=n%3A16310101%2Ck%3Aenergy+drinks,
                                 product like Amazing Grass in the broad energy drink
P1 - Competitive pricing                                                                           H   http://www.retailmenot.com/view/amazinggrass.com,
                                 segment. At the same time, brand visibility enhanced by
                                                                                                       http://www.couponcabin.com/coupons/amazing-grass/,
                                 attracting customers with discount offers and coupons.
                                                                                                       http://www.couponchief.com/amazinggrass
                              Has been stated to be more effective than conventional
                              medicines which may be cumbersome. Also some of these                    http://www.betterwayhealth.com/blog/category/amazing-grass-superfood/,
P2 - Effectiveness & no/less
                              are said to contain nutrients unavailable in conventional            M   http://www.antioxidants-for-health-and-longevity.com/superfood-powders.html,
side effects                  foods and are claimed to be gluten free. However, a definite             http://experiencelife.com/article/supergreens/, http://amazinggrass.com/faq.html
                              comparison study remains to be done.
                              Certified by the Orthodox Jewish Congregation of America. To
                              be Kosher certified requires stringent control of raw
                                                                                                       http://amazinggrass.com/product_info/5425/Kosher-Certified.html,
                              materials. Not FDA Approved. However, it does have
P3 - Recognition/verification certifications from USDA Organic, Green America, Natural             M   http://en.wikipedia.org/wiki/Kosher_foods,
                                                                                                       http://www.killerstartups.com/ecommerce/amazinggrass-com-amazing-grass/
                              Products Association, CCOF etc certifying it to be organic &
                              natural
                                                                                                       http://search.proquest.com/docview/457125111?accountid=33465,
                                                                                                       http://www.lifestylemirror.com/beauty/eight-cleanse-friendly-buys/,
                                                                                                       https://secure.amazinggrass.com/in_the_press/6801/May-2012---US-Business-
                                                                                                       Executive-Summer-Issue.html,
                                 Wide recognition of brand among customers, celebrities and
                                                                                                       https://secure.amazinggrass.com/in_the_press/6553/April-2012---Marie-Claire-
P4 - Usage/popularity in peer health practitioners. Many health magazines have
                                                                                                   H   Magazine.html, http://www.amazon.com/s/ref=nb_sb_noss?url=search-
groups                        recommended Amazing Grass. Amazing Grass publicises its
                                                                                                       alias%3Dhpc&field-
                                 direct to customer model. Good reviews in general.
                                                                                                       keywords=amazing+grass&rh=n%3A3760901%2Ck%3Aamazing+grass,
                                                                                                       https://secure.amazinggrass.com/in_the_press/5124/December-2009---Oprah-and-
                                                                                                       Friends-Share-Their-Favorite-Cold-Remedies.html,
                                                                                                       https://twitter.com/leannrimes/status/22357193596608512
                                                                                                       http://amazinggrass.com/locations.html,
                                 The brand enjoys high visibility across different websites. Not       http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dgrocery&field-
                                 only the brand is sold by many well known physical store              keywords=amazing+grass, http://www.iherb.com/search?kw=amazing+grass&x=-
P5 - Availability                chains, but it enjoys price and product feature comparability     H   803&y=-154#none,
                                 options on third party websites and enjoys very good                  http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatchall
                                 reviews.                                                              partial&Ntk=All&srchtree=1&Ntt=amazing+grass&Go.x=-827&Go.y=-
                                                                                                       105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D
 37                                          ZENeSYS Confidential                                                                Market Intelligence & Consulting
For Goal 3 Develop extensive Product channels–
Amazing grass
                                 Goal 3- Develop extensive and
          Preferences                                           Score                                                References
                                  optimal distribution channels

                                                                            http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dgrocery&field-
                                                                            keywords=amazing+grass&rh=n%3A16310101%2Ck%3Aamazing+grass,
                                 The products are sold across various
                                                                            http://amazinggrass.com/locations.html, http://www.iherb.com/search?kw=amazing+grass&x=-
                                 online portals and heavy discounts
                                                                            803&y=-154#none,
                                 are available in some of them.
                                                                            http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatchallpartial&Ntk=All&src
                                 Products are competitively priced at   H
                                                                            htree=1&Ntt=amazing+grass&Go.x=-827&Go.y=-
                                 source as well as by retailers to
                                                                            105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D,
                                 boost sales. They also sell through
                                                                            http://www.vitaminshoppe.com/search/controller?N=0&Ntk=SiteSearch&Ntt=amazing%20grass&Nty=1
                                 brick and mortar stores.
                                                                            &D=amazing%20grass&Ntx=mode+matchallpartial&Dx=mode+matchall&cm_sp=typeahead-_-
 P1 - Competitive pricing                                                   0|amazing%20grass-_-n|


                                 No correlation                             No Correlation
 P2 - Effectiveness & no/less
 side effects

                                 No correlation                             No Correlation
 P3 - Recognition/verification
                               Amazing grass has expanded both
                               nationally and internationally.
                                                                        M   http://m.newhope360.com/ingredients-general/amazing-grass-launches-nationwide-canada
 P4 - Usage/popularity in peer Ventured into Canada by tying up
 groups                        with various store chains.
                                                                            http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dgrocery&field-
                                                                            keywords=amazing+grass&rh=n%3A16310101%2Ck%3Aamazing+grass,
                                 The products are very easily
                                                                            http://amazinggrass.com/locations.html, http://www.iherb.com/search?kw=amazing+grass&x=-
                                 available. Can be purchased directly
                                                                            803&y=-154#none,
                                 either from their websites or many
                                                                            http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatchallpartial&Ntk=All&src
                                 of the e - commerce portals at good    H
                                                                            htree=1&Ntt=amazing+grass&Go.x=-827&Go.y=-
                                 discounts. Even available in US,
                                                                            105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D,
                                 Australia and Canada through
                                                                            http://www.vitaminshoppe.com/search/controller?N=0&Ntk=SiteSearch&Ntt=amazing%20grass&Nty=1
                                 certified distributors.
                                                                            &D=amazing%20grass&Ntx=mode+matchallpartial&Dx=mode+matchall&cm_sp=typeahead-_-
 P5 - Availability                                                          0|amazing%20grass-_-n|

 38                                        ZENeSYS Confidential                                                          Market Intelligence & Consulting
For Goal 4- Work with other players to get Natural
medicines covered under insurance– Amazing grass
                                    Goal 4- Recognition by law &
         Preferences                    insurance agencies                                Score                                 References


                                                                                                  http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-
                                 Is not working together with other players to get
                                                                                                  keywords=energy+drinks,
                                 naturopathy and natural medicines get recognized by
                                                                                           L      http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatch
                                 law or insurers or HMOs. In fact, even the pricing is
                                                                                                  allpartial&Ntk=All&srchtree=1&Ntt=energy+drinks&Go.x=-827&Go.y=-
                                 higher than conventional health supplements.
                                                                                                  105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D
P1 - Competitive pricing
                              Wheatgrass products as a whole are being recognized
                              as important health supplements comparable to or                    http://www.energiseforlife.com/wordpress/2009/05/22/wheatgrass-health-
                              better than conventional health supplements. This is         M      benefits/, http://www.hippocratesinst.org/wheatgrass/benefits-of-wheatgrass,
P2 - Effectiveness & no/less expected to translate to greater sales. Though a                     http://www.greenhealthcanada.com/Benefits_of_Wheatgrass.html
side effects                  combined effort from the industry is missing.
                              Wheat grass's major components - Phytonutrients and
                              Carotenoids are recognized by the USFDA to protect
                              against Cancer, Cardiovascular Diseases and Cellular
                                                                                                  http://www.livestrong.com/article/426607-phytonutrient-foods/,
                              Damage. Also FDA subscribes to the importance of             M
                                                                                                  http://www.tasty-nuggets.com/glos.news/3ds.heltclaims.html
                              Folic Acid & Vitamin C, other chief ingredients of
                              Amazing Grass. However, Amazing Grass plays little
P3 - Recognition/verification role in this.
                              Wheat grass in any form is widely recognized to be
                              extremely useful for the body for a variety of reasons              http://www.mywheatgrass.com/wheatgrass-uses.shtml,
                              ranging from combating cancer to avoiding                           http://www.cancer.org/treatment/treatmentsandsideeffects/complementaryand
                                                                                           M
                              cardiovascular diseases etc. Wheat grass is supported               alternativemedicine/dietandnutrition/wheatgrass,
P4 - Usage/popularity in      by both consumers as well as practitioners. However,                http://www.foodalive.org/articles/wheatgrass.htm
peer groups                   its use as a natural madicine remains contested.
                                                                                                  http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-
                                 Wheat grass products are widely available on a variety
                                                                                                  keywords=wheat+grass, http://www.iherb.com/search?kw=wheat+grass&x=-
                                 of platforms. However, their sales can be further
                                                                                                  803&y=-154#none,
                                 increased if the industry players come together to        M
                                                                                                  http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatch
                                 propogate the use or there is some kind of a
                                                                                                  allpartial&Ntk=All&srchtree=1&Ntt=wheat+grass&Go.x=-827&Go.y=-
                                 body/association.
P5 - Availability                                                                                 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D

39                                         ZENeSYS Confidential                                                             Market Intelligence & Consulting
For Goal 5- Sustainable model for procurement–
Amazing grass



                                Goal 5- Developing an indigenous/sustainable
          Preferences                       procurement model                    Score                            References


                                                                                         https://secure.amazinggrass.com/in_the_press/6801/May-
                                                                                         2012---US-Business-Executive-Summer-Issue.html,
                                Grower direct model allows the company to
                                                                                   H     greenfestivals.org/exhibitors/amazing-grass,
                                price its products more competitively
                                                                                         http://m.newhope360.com/health-conditions/new-green-
                                                                                         superfood-drink-mix-features-organic-chocolate
P1 - Competitive pricing
                                Grown in nutritionally superior, fertile                 http://amazinggrass.com/product_info/3664/Compare-Our-
                                midwest soil, best known for growing cereal              Greens-to-Other-Greens.html,
                                                                                   H
P2 - Effectiveness & no/less    grasses. Family owned farm in Kansas, US.                http://amazinggrass.com/gallery/5307/-Family-Farm,-Kansas,-
side effects                    Sustainable procurement.                                 USA.html

                                Less Information                                   L     Less Information
P3 - Recognition/verification
                                                                                         http://www.iherb.com/Amazing-Grass-Green-SuperFood-
                                Retailers mention Amazing Grass's US origin in
                                                                                         Antioxidant-Berry-Drink-Powder-7-4-oz-210-g/35730,
                                the passing. Company also emphasizes the          M
P4 - Usage/popularity in peer                                                            http://livesuperfoods.com/amazing-grass-organic-amazing-
                                'Produced & Made in America' tag.
groups                                                                                   trio.html, http://www.vijuvenate.com/b-amazing-grass.html
                                Prompt delivery of medicines close to the area
                                                                                   H     http://amazinggrass.com/faq.html
P5 - Availability               of procurement (US)



40                                    ZENeSYS Confidential                                                  Market Intelligence & Consulting
Findings on Co.3
                             Kyolic Kyo Green




41   ZENeSYS Confidential                       Market Intelligence & Consulting
For Goal 1 Spending on R&D & NPD– Kyolic Kyo-Green

                                        Goal 1- Spending on R&D and New Product
              Preference                              Development                           Score                          References



                                                                                                    http://www.kyolic.com/product/category/greens/
                                                                                                    http://www.vitacost.com/kyolic-kyo-green-energy-powdered-
                                     Various e-portals selling the product with different           drink-mix-10-oz
                                     varieties and offers. Variety of packages are                  http://www.supplementcentral.com/green-foods-super-
P1 - Competitive pricing             available.                                              H      foods?filter:manufacturer=wakunaga



                                     Good reviews mentioning the product benefits                   http://www.kyolic.com/product/category/kyo-green/
                                     from customers as well as experts. However,                    http://www.iherb.com/Wakunaga-Kyolic-Kyo-Green-Harvest-
P2 - Effectiveness & no/less side    some article says that there is no actual benefit of           Blend-Powdered-Drink-Mix-6-oz-172-5-g/4588
effects                              the product                                             M      http://www.medscape.com/viewarticle/562177


                                                                                                    http://www.kyolic.com/product/category/greens/
                                                                                                    http://www.seacoast.com/topic.php?health=usda+certified+o
                                     No FDA approval.. Flagship product is USDA                     rganic+kyolic+garlic+supplements
                                     organic approved but mention about the kyo -                   http://www.naturalproductsinsider.com/Buyers-
P3 - Recognition/verification        green approval                                          M      Guide.aspx?li=34277

                                                                                                    http://www.amazon.com/Kyolic-Kyo-Green-Energy-
                                                                                                    Powdered-Drink/dp/B000ZMIKGY
                                                                                                    http://www.vitacost.com/kyolic-kyo-green-energy-powdered-
                                     Lot many testimonials given. Individual feedbacks              drink-mix-10-oz
                                     from customers are positive with good                          http://www.wholefoodsmagazine.com/supplements/features/
P4 - Usage/popularity in peer groups recommendations across channels                         H      feeling-great-greens

                                     Store locators option available on website. Easily
P5 - Availability                    available on other e-commerce websites as well          H      http://www.kyolic.com/stores/customers/search/


42                                    ZENeSYS Confidential                                                        Market Intelligence & Consulting
For Goal 2 Maximizing Product Visibility–
Kyolic Kyo Green

                                  Goal 2- Maximize product visibility and
            Preference                        brand recall                   Score                                References



                                                                                     http://www.amazon.com/Kyolic-Kyo-Green-Energy-Powdered-
                                                                                     Drink/dp/B000ZMIKGY
                                                                                     http://www.swansonvitamins.com/kyolic-kyo-green-10-oz-pwdr
                                                                                     http://www.dietpillcritic.com/diet-pills/kyo-green-energy/
                                 Better visibility, leveraging on parent             http://www.ebay.com.au/itm/KYOLIC-Kyo-Green-Drink-Powder-2-8-oz-
P1 - Competitive pricing         brand. Various discount offers available.    H      /250829529268?pt=LH_DefaultDomain_0&hash=item3a669ae0b4
                                                                                     http://www.kyolic.com/category/milestones/
                                                                                     http://www.iherb.com/Wakunaga-Kyolic-Kyo-Green-Harvest-Blend-
                                  Studies to prove effectives done                   Powdered-Drink-Mix-6-oz-172-5-g/4588
P2 - Effectiveness & no/less side However side effects are mentioned on              http://www.wholefoodsmagazine.com/supplements/features/feeling-great-
effects                           website                                     M      greens


                                 No FDA approval. Clearly mentioned on
P3 - Recognition/verification    website                                      L      http://www.kyolic.com/product/category/kyo-green/
                                                                                     http://www.amazon.com/Kyolic-Kyo-Green-Energy-Powdered-
                                                                                     Drink/dp/B000ZMIKGY
                                                                                     http://books.google.co.in/books?hl=en&lr=&id=FQYAAAAAMBAJ&oi=fnd&
                                 Advertising done. Good Customer                     pg=PA18&dq=kyolic+kyo+green&ots=EBqMvLRF01&sig=uyHMSddUMh-
P4 - Usage/popularity in peer    feedback.                                           ayKamvtpfqFNJwYc#v=onepage&q=kyolic%20kyo%20green&f=false
groups                           No clear mention of its benefits             M      http://www.dietpillcritic.com/diet-pills/kyo-green-energy/
                                 Better availability on e-commerce
                                 websites along with their own store
                                 locator. Comparison among various                   http://www.kyolic.com/stores/customers/search/
P5 - Availability                product on third party websites              H      http://www.swansonvitamins.com/kyolic-kyo-green-10-oz-pwdr


43                                   ZENeSYS Confidential                                                     Market Intelligence & Consulting
For Goal 3 Develop extensive and optimal
distribution channels– Kyolic Kyo Green

                                                 Goal 3- Develop extensive and optimal
                Preference                                                                        Score   References
                                                          distribution channels



                                                                                                          http://www.kyolic.com/stores/customers/search/
                                            Effective use of internet to increase touch points.           http://www.harvestmoonhealthfoods.com/kykyhabl6oz.
                                             Variety of schemes also available on these e-                html
                                                           commerce websites                              http://www.healthpricer.com/kyo-green-compare-
P1 - Competitive pricing                                                                           M      prices/4649937.html

                                                                    --
P2 - Effectiveness & no/less side effects

                                                                    --
P3 - Recognition/verification
                                                                                                          http://www.iherb.com/Wakunaga-Kyolic-Kyo-Green-
                                            Good customer feedback on various portals which               Harvest-Blend-Powdered-Drink-Mix-6-oz-172-5-
                                                acts as source for selling of the product                 g/4588
P4 - Usage/popularity in peer groups                                                                H
                                                                                                          http://www.shopwiki.com/l/Greenergy-%E2%80%93-
                                                                                                          Green-Drink-%E2%80%93-Green-Powder-~-
                                                                                                          Superfood
                                                                                                          http://www.harvestmoonhealthfoods.com/kykyhabl6oz.
                                            Extensive channel employed for easy availability.             html
                                                                                                          http://www.allstarhealth.com/f/kyolic-kyo-
                                                                                                          green_energy_(powder).htm
                                                                                                          http://www.healthpricer.com/kyo-green-compare-
P5 - Availability                                                                                   H     prices/4649937.html

44                                     ZENeSYS Confidential                                                       Market Intelligence & Consulting
For Goal 4- Recognition by law & insurance
agencies– Kyolic Kyo Green

                                               Goal 4- Recognition by law &
                    Preference                                              Score                               References
                                                   insurance agencies

                                              Low significance found in
                                              reduction in prices due to any
                                              acknowledgment or
                                              recognition by independent
P1 - Competitive pricing                      authorities                        L    http://books.google.co.in/books?id=FraTlNJZuRQC
                                                                                     http://www.virtuvites.com/shop/wakunaga_kyo-green_10oz.html
                                                                                     http://books.google.co.in/books?hl=en&lr=&id=a3q5KuFj104C&oi=fnd&
                                                                                     pg=PP3&dq=kyolic+kyo+green&ots=T-
                                                                                     4v_AGwiI&sig=vWIsSNaq__9izmfdcCyLY2I-A_c
                                                                                     http://www.wholefoodsmagazine.com/supplements/features/feeling-
                                                                                     great-greens
                                                                                     http://books.google.co.in/books?id=2s_q2y_J3rwC&pg=PA577&lpg=P
                                                                                     A577&dq=kyo+green+competitors&source=bl&ots=cS42xSNbw_&sig=
                                                                                     o9mHtqF_iiAtlJhtb-Xvudfcw2k&hl=en&sa=X&ei=9z47UavZKcz-
                                              Clear mention of benefits of           rAeo4IHgCA&ved=0CEgQ6AEwBTgU#v=onepage&q=kyo%20green%
                                              using the product in health            20competitors&f=false
P2 - Effectiveness & no/less side effects     journals, magazine and books.      H   http://books.google.co.in/books?id=FraTlNJZuRQC
                                              Direct references to product in
                                              research materials.
                                              No extensive recognition on            http://www.logan.edu/mm/files/LRC/Senior-Research/1994-Dec-18.pdf
P3 - Recognition/verification                 the benefit of the product         M   http://books.google.co.in/books?id=FraTlNJZuRQC
                                              Clear references of the                http://books.google.co.in/books?hl=en&lr=&id=FQYAAAAAMBAJ&oi=f
                                              product in health magazines            nd&pg=PA18&dq=kyolic+kyo+green&ots=EBqMvLRF01&sig=uyHMSd
                                              by customers using the                 dUMh-
P4 - Usage/popularity in peer groups          product                            H   ayKamvtpfqFNJwYc#v=onepage&q=kyolic%20kyo%20green&f=false
                                              Low involvement by other
P5 - Availability                             parties for ease of availability   L   http://www.harvestmoonhealthfoods.com/kykyhabl6oz.html
45                                     ZENeSYS Confidential                                                 Market Intelligence & Consulting
For Goal 5- Sustainable model for procurement–
Kyolic Kyo Green

                                                Goal 5- Developing an indigenous or sustainable model for
                    Preference                                                                                                   References
                                                                      procurement




                                                                                                                   http://www.iherb.com/Wakunaga-Kyolic-
                                              No clear efforts to reduce prices through ingredients mix            Kyo-Green-Harvest-Blend-Powdered-
P1 - Competitive pricing                                                                                       L   Drink-Mix-6-oz-172-5-g/4588


                                                                                                                   http://www.livestrong.com/article/33310
                                                                                                                   2-what-are-the-benefits-of-kyo-green/
                                              Mention of benefits of the ingredients used in the product by        http://www.dietpillcritic.com/diet-
P2 - Effectiveness & no/less side effects     experts                                                          H   pills/kyo-green-energy/
                                                                                                                    http://www.kyolic.com/product/category/
P3 - Recognition/verification                 Not approved under FDA’s NDI regime. Contains Lead.              L   kyo-green/
                                              Barley Grass and Wheat Grass used for the product are sourced        http://www.nutritiongeeks.com/kyo-
P4 - Usage/popularity in peer groups          from Japan.                                                      L   green-10/kyo-green.html


                                                                                                                   http://www.allstarhealth.com/f/kyolic-
                                                                                                                   kyo-green_energy_(powder).htm
                                                                                                                   http://www.nutritiongeeks.com/kyo-
                                                                                                                   green-10/kyo-green.html
                                                                                                                   http://www.swansonvitamins.com/kyolic-
                                              Lot of third party websites mentioning its proprietary blend.        kyo-green-10-oz-pwdr
                                              Explicit details of the benefit of the ingredients used in the       http://www.nutritionjungle.com/kyolic-
P5 - Availability                             product                                                          H   kyo-green-powdered-drink-mix.aspx




46                                     ZENeSYS Confidential                                                    Market Intelligence & Consulting
Findings on Co. 4
                 Jarrow Formula’s Green Defense




47   ZENeSYS Confidential                         Market Intelligence & Consulting
For Goal 1 (Spending on R&D and New
Product Development) – Jarrow Formulas
Green Defense
                                        Goal 1- Spending on R&D and New Product
              Preferences                             Development               Score                            References




                                                                                         http://www.amazon.com/Jarrow-Formulas-Green-Defense-
                                       A tad bit expensive as compared to a few          Servings/dp/B0013OUKM0
                                       competitors                                       http://www.amazon.com/Amazing-Grass-Superfood-8-5-
P1 - Competitive pricing               Cheaper than Gruvolo's Premium Greens         M   Ounce-Container/dp/B00112ILZM
P2 - Effectiveness & no/less side
effects                                Effective. No proven side effects.            H

                                       Not FDA approved                                  http://newhope360.com/supply-news-amp-analysis/jarrow-
P3 - Recognition/verification          Honoured by NPA West                          M   formulas-honored-natural-products-association-west


                                                                                         http://www.iherb.com/product-reviews/Jarrow-Formulas-Green-
                                       Better formula & better taste than                Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/
                                       competitors has made it popular;                  http://www.swansonvitamins.com/jarrow-formulas-inc-green-
P4 - Usage/popularity in peer groups   Easily dissolves in water                     H   defense-super-green-foods-180-grams-pwdr

                                                                                         http://www.drugstore.com/jarrow-formulas-green-
                                                                                         defense/qxp271014
                                                                                         http://www.iherb.com/product-reviews/Jarrow-Formulas-Green-
                                       Easily available online on Amazon,                Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/
                                       drugstore, iHerb etc. OTC availability-good       http://www.vitacost.com/jarrow-formulas-green-
P5 - Availability                      Less number of SKUs                           H   defense#nutritionFacts



48                                     ZENeSYS Confidential                                              Market Intelligence & Consulting
For Goal 2 (Maximize product visibility and
brand recall) – Jarrow Formulas Green
Defense
                                          Goal 2- Maximize product visibility and
              Preferences                             brand recall                       Score                           References



                                                                                                 http://www.iherb.com/product-reviews/Jarrow-Formulas-Green-
                                       Customers are willing to pay a little extra for           Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/
                                       the taste & easy solubility of the product                http://www.swansonvitamins.com/jarrow-formulas-inc-green-
P1 - Competitive pricing               Such features of the product are advertised        H      defense-super-green-foods-180-grams-pwdr

P2 - Effectiveness & no/less side                                                                http://newhope360.com/supply-news-amp-analysis/jarrow-
effects                                Honoured by NPA West                               M      formulas-honored-natural-products-association-west


                                                                                                 http://newhope360.com/supply-news-amp-analysis/jarrow-
                                       Run-in with FDA over NDI guidance; product                formulas-honored-natural-products-association-west
                                       not FDA evaluated                                         http://www.naturalproductsinsider.com/news/2011/12/jarrow-
P3 - Recognition/verification          Honoured by NPA West                               M      ndi-guidance-is-new-rule-in-disguise.aspx


                                                                                                 http://www.iherb.com/product-reviews/Jarrow-Formulas-Green-
                                                                                                 Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/
                                                                                                 http://www.swansonvitamins.com/jarrow-formulas-inc-green-
P4 - Usage/popularity in peer groups   Customer reviews are favorable                     H      defense-super-green-foods-180-grams-pwdr

                                       Not so much a 'higher' placed brand, but                  http://www.jarrow.com/product/334/Green_Defense
                                       easily available in stores and online.                    http://www.nutraingredients.com/Research/Grape-seed-
P5 - Availability                      Sponsered studies available                        H      extract-shows-cancer-promise-Mouse-study



49                                     ZENeSYS Confidential                                                      Market Intelligence & Consulting
For Goal 3 (Develop extensive and optimal
distribution channels) – Jarrow Formulas Green
Defense
                                           Goal 3- Develop extensive and optimal
                  Preferences                                                         Score                         References
                                                    distribution channels

                                                                                              http://www.amazon.com/Jarrow-Formulas-Green-
                                                                                              Defense-Servings/dp/B0013OUKM0
                                                                                              http://www.amazon.com/Amazing-Grass-Superfood-8-5-
                                                                                              Ounce-Container/dp/B00112ILZM
                                          Prices almost half as that of Gruvolo, as           http://www.gruvolobotanicals.com/products/gruvolos-
     P1 - Competitive pricing             product sales are much higher                H      premium-greens
     P2 - Effectiveness & no/less side
     effects                              --
     P3 - Recognition/verification        --
                                                                                              http://www.selfgrowth.com/articles/My_Top_5_Supplemen
                                                                                              t_Recommendations_for_Men_and_Women.html
                                                                                              http://www.iherb.com/product-reviews/Jarrow-Formulas-
                                                                                              Green-Defense-with-Resveratrol-Powder-6-35-oz-180-
                                                                                              g/128/
                                                                                              http://www.swansonvitamins.com/jarrow-formulas-inc-
     P4 - Usage/popularity in peer        Yes, product is popular. Both amongst               green-defense-super-green-foods-180-grams-pwdr
     groups                               reviewers and researchers.                   H
                                                                                              http://www.drugstore.com/jarrow-formulas-green-
                                                                                              defense/qxp271014
                                                                                              http://www.iherb.com/product-reviews/Jarrow-Formulas-
                                                                                              Green-Defense-with-Resveratrol-Powder-6-35-oz-180-
                                          User reviews suggest that the product is            g/128/
                                          delivered within a week.                            http://www.vitacost.com/jarrow-formulas-green-
                                          Also brings down cost therefore                     defense#nutritionFacts
     P5 - Availability                    increasing its appeal                        H



50                                   ZENeSYS Confidential                                                     Market Intelligence & Consulting
For Goal 4 (Recognition by law & insurance
agencies) – Jarrow Formulas Green Defense

                                          Goal 4- Recognition by law & insurance
              Preferences                               agencies                     Score                          References


                                       Not FDA evaluated because of non NDI
P1 - Competitive pricing               appliance.                                     L
P2 - Effectiveness & no/less side
effects                                does not comply to FDA's NDI                   L


                                                                                             http://www.nutraingredients-usa.com/Regulation/Jarrow-
                                       Proposed new Supplement Trade                         Rogovin-proposes-new-supplement-trade-association-There-s-
P3 - Recognition/verification          Association after NDI                          H      no-need-say-existing-associations

                                       Though not evaluated by FDA, still sells in           http://www.selfgrowth.com/articles/My_Top_5_Supplement_Re
P4 - Usage/popularity in peer groups   large numbers                                  M      commendations_for_Men_and_Women.html




                                                                                             http://www.nutraingredients-usa.com/Regulation/Jarrow-
                                                                                             Rogovin-proposes-new-supplement-trade-association-There-s-
                                                                                             no-need-say-existing-associations
                                       Proposed new Supplement Trade                         http://politicsandabundantliving.blogspot.in/2012/06/fda-
P5 - Availability                      Association after NDI                          H      revising-ndi-draft-thanks-to-jarrow.html




51                                     ZENeSYS Confidential                                                  Market Intelligence & Consulting
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla
Winners of zenith 13 natural medicine cla

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Winners of zenith 13 natural medicine cla

  • 1. Market Intelligence & Consulting Competitive Landscape Analysis Study of Natural Medicine Industry in the US Team Name - Chaudhary’s Angels IIFT
  • 2. Table of Contents Objectives Approach Used Industry Analysis Consumer Analysis Opportunities & Threats Research Data 2 ZENeSYS Confidential Market Intelligence & Consulting
  • 3. Study Objectives A positioning report for Gruvolo Botanicals using ZENeSYS Competitive Landscape Analysis to help them get ahead of their competitors. 3 ZENeSYS Confidential Market Intelligence & Consulting
  • 4. ZENeSYS Competitive Landscape Analysis Methodology Research assorted Natural Medicine Synthesis • Consumer Company sites • Qualitative Preferences observations • Assess Natural • Threats • Natural Medicine • Quantitative Industry Goals Medicine assessments • Opportunities Companies • Using a Goals - Detailed Preference Matrix Secondary Analysis Research A set of Natural Using the Goals and Slides 27 to 64 show By rating the quality of Medicine Industry Preferences, we the observations and activity seen, we Goals and consumer researched Company ratings H, M or L on plotted charts to make Preferences were 1,2,3,4,5 activity on the how each Natural conclusions on relative determined from net and recorded Medicine company is performance and news, blogs, websites, observations meeting its goals along generated insights on social media the dimensions of the threats and conversations etc. consumer preferences opportunities. 4 ZENeSYS Confidential Market Intelligence & Consulting
  • 5. Analysis of Goals 5 ZENeSYS Confidential Market Intelligence & Consulting
  • 6. Company Goals Using R&D and New Product Development for Commercialization Maximize product visibility and brand recall Develop extensive and optimal distribution channels to maximize customer touch-points Recognition by Independent agencies Developing an indigenous or sustainable model for procurement 6 ZENeSYS Confidential Market Intelligence & Consulting
  • 7. Goal 1- Using R&D and New Product Development for commercialization Problem – The biggest challenge for a company is to increase the credibility of the 'Natural Medicine' it offers. Solution – Utilizing R&D and testing to increase its credibility not only in the minds of the customers, but also in front of the lawmakers, that will help the industry get accepted in other states as well. 12 Amazing Grown on a family run farm in Kansas Grass is the Different flavors eg. Chocolate, Vanilla etc., 10 leader available Available in Energy bars, Raw, Meal form 8 6 • Offer different flavours for same category 4 Others • Easily dissolvable in water • Good taste (Testimonials) 2 0 7 ZENeSYS Confidential Market Intelligence & Consulting
  • 8. Goal 2- Maximize product visibility and brand recall Finding – People do not like to compromise on their medical treatments, as such they tend to prefer a 'global' and higher selling brands over smaller ones, even if the composition of the medicines are the same. The Brand of the medicine gives it credibility. Amazing • Amazing grass has own stores as well as 12 Grass, Jarrow easily available in retail stores Formulas are • Educates customers on product features and the leaders comparisons 10 • Both use E-Commerce websites to the fullest 8 6 • Present on all major E-Commerce websites Others 4 • Endorsed by models • Use Twitter/Facebook/Youtube/Pinterest etc • Contests on facebook 2 0 8 ZENeSYS Confidential Market Intelligence & Consulting
  • 9. Goal 3- Develop extensive and optimal distribution channels to maximize customer touch-points Point of Difference – The medicines/products should be available at all medical stores & E-Commerce websites; Waiting time after ordering should be low. • Testimonials show people shifting from Amazing grass to Jarrow Formulas Green Jarrow Defense because it is shipped within 3 days, Formulas is while waiting time for Amazing Grass is more the leader than a week • Available at retail stores Others • Sales in most major E-Commerce websites • Bundling done to increase off take with complementary products 9 ZENeSYS Confidential Market Intelligence & Consulting
  • 10. Goal 4- Recognition by independent agencies Deterrent – Treatment from Naturopathy is excluded from the Universal Healthcare system. Short Term Solution – Independent agencies certifying the products or its ingredients are a workaround when FDA approval is not given. Long Term Solution – Change in the current Laws, especially in the states where sale of such medicines is banned and ingredients that are not certified by FDA are needed. Kyolic Kyo • Jarrow honored by NPA West Green, Jarro • Moved to form independent Trade Union to w Formulas take on FDA’s NDI proposal & was successful are the in getting changes incorporated in the act leaders • Use certifications of USDA Others organic, CCOF, ANMA, AHPA etc., to show credibility of claims 10 ZENeSYS Confidential Market Intelligence & Consulting
  • 11. Goal 5- Developing indigenous or sustainable procurement model What helps – Indigenous development of such plants increases credibility of such medicine (as seen in the case of Natural Medicine in Australia) and also would decrease sourcing costs 12 • Amazing grass is grown in a family farm in Kansas state Amazing • Model in place since decades 10 Grass is the • Helps achieve lower cost of production and Leader maintain quality 8 6 • Try to show that their ingredients are grown 4 Others following the best industry practices • Are 100% vegan etc. 2 0 11 ZENeSYS Confidential Market Intelligence & Consulting
  • 12. Analysis of Consumer Preferences 12 ZENeSYS Confidential Market Intelligence & Consulting
  • 13. Consumer Preferences Competitive Pricing Effectiveness & no/less side effects Recognition/Verification Wide usage/popularity amongst peer groups Availability 13 ZENeSYS Confidential Market Intelligence & Consulting
  • 14. Preference 1: Competitive pricing Companies in the natural medicine domain need to follow a competitive pricing strategy as these medicines are not covered under insurance • Availability of innovative packet sizes and variety to suit all consumer segment Amazing • Self owned farms in Kansas reduces sourcing Grass is and logistics cost • Various discount and coupon offers the leader • Others follow bundling model to sell in bulk • Sachets available for travellers and first time users Others • Leveraging on the parent company’s distribution channels • Price comparison available vis-a-vis other products 14 ZENeSYS Confidential Market Intelligence & Consulting
  • 15. Preference 2: Effectiveness Record proven effectiveness of the product is essential. Also there should not be any side effects or allergies while using in the product Amazing • Special treatment on the proprietary process Grass & Kyo- to ensure perfect blend • Explicit mention of the products in health Green are the magazines and journals leaders • Good customer feedback on its benefits • 90 days money back guarantee scheme to prove effectiveness Others • Expert review about the product on its own websites • Third party blogs and testimonials highlighting its effectiveness 15 ZENeSYS Confidential Market Intelligence & Consulting
  • 16. Preference 3: Recognition and Certification The effects of Natural Medicines have not yet been scientifically proven and are banned from practice/sale in over 30 states in the US • Award for best practices by Natural product Jarrow association in the natural medicine category formulas is the leader • Approval for its major products by USDA Organic, CCOF, AHPA • Products verified by independent labs • Awards for innovative and effective Others supplements by various authorities • References to studies contacted in the field with direct implication and benefits of the product In 2011, Food and Drug Administration came out with The Federal Food, Drug, and Cosmetic Act (the act) that requires manufacturers and distributors who wish to market dietary supplements that contain "new dietary ingredients" notify FDA about these ingredients. Source: http://www.fda.gov/Food/DietarySupplements/ucm109764.htm 16 ZENeSYS Confidential Market Intelligence & Consulting
  • 17. Preference 4: Wide usage and popularity in peer group The effects of Natural Medicine are relatively unproven and the concept is new. As such a customer will look for word of mouth/referrals before trying Natural medicine. Hence, ‘Product Endorsement’ is essential • Taste and solubility are major factor for popularity of the product • Range of variety available for different consumers Best • Good customer feedback on common e- practices portals • Anecdotes by various users giving complete detail benefits of the products • Endorsements by celebrities and health practitioners 17 ZENeSYS Confidential Market Intelligence & Consulting
  • 18. Preference 5: Easy availability The medicine should be delivered at the shortest time possible when ordered online. Wide availability also gives credibility to the brand as well as medicine Amazing Grass & • Tie-ups with physical retail chain store Jarrow • Own store locators option available • Effectively utilising search engine optimization formulas are (SEO) the leaders • Over the counter availability Others • Easily found in common e-commerce websites • SKUs differentiators cover wide spectrum of consumer • Links and pages on social networks Some reviews on e-commerce websites show that customers have switched their brand of Natural Green Supplements only because it takes a lot of time to be delivered 18 ZENeSYS Confidential Market Intelligence & Consulting
  • 19. Summary of Opportunities and Threats using a Synthesis Matrix 19 ZENeSYS Confidential Market Intelligence & Consulting
  • 20. Performance of Natural medicine manufacturers in meeting their goals and delivering on consumer expectations Develop Use R&D and NPD Maximize product Increase Get recognition by Competitive Landscapecustomer touch sustainable Goals for visibility and brand Synthesis Matrix independent procurement commercialization recall points agencies model Customer Preference G1 G2 G3 G4 G5 Competitive Pricing P1 AG,KKG,jf,g,gn AG,kkg,JF,G,gn gb,AG,KKG,JF,g,gn AG,JF Effectiveness of P2 gb,AG,kkg,JF,g,GN ag,kkg,jf,g,gn ag,KKG,g,gn gb,AG,KKG,g,gn product Recognition by P3 AG,kkg,jf,g ag,jf,g ag,kkg,JF,gn jf independent authority Wide usage/popularity P4 gb,AG,KKG,JF,G AG,kkg,JF,G,gn ag,KKG,JF,gn,g gb,ag,KKG,JF,gn,g ag,GN,g in peer group Easy Availability P5 AG,kkg,JF,G,gn AG,KKG,JF,g,gn AG,KKG,JF,g,gn ag,JF,gn AG,KKG,jf,g,gn High Medium Insufficient X No Correlation Information GB = Gruvolo, KKG=Kyolic Kyo green, G= Greenergy, JF=Jarrow Formulas Green defence, AG= Amazing Grass, GN=Gary Null Note: Entry as caps indicate stronger correlation. See slide 28 to 82 for more information. ( U – Underwriter , C- Customer) 20 ZENeSYS Confidential Market Intelligence & Consulting
  • 21. Summary of Opportunities (gaps seen) Independent Authority Affiliation – Recognition – Approvals – Local Procurement – Price Competitiveness Cell Ref Opportunities Recommendation Show studies to prove beneficial effects of Getting recognized by independent product. Eg: Few companies like Kyolic Kyo Green G2 x P3 authorities to enhance their brand and Gary Null’s Green Stuff have independent and recall/visibility. sponsored books and studies backing their claims. Can work to get recognized by independent authorities to certify their products to be purely Getting approvals from recognized G4 x P5 organic. Eg: Amazing Grass has recognitions from bodies to promote their products. USDA Organic, Green America, Natural Products Association, CCOF & Kosher. Localized sourcing will help reduce product cost. Working for sustainable and Economies of Scale will further decrease prices. Eg: G5 x P1 indigenous procurement models to Amazing Grass has a self – owned farm in Kansas remain price competitive. which it uses to procure wheat grass directly without relying on suppliers. 21 ZENeSYS Confidential Market Intelligence & Consulting
  • 22. Summary of Opportunities (contd..) Cell Ref Opportunities Recommendation Only one company working on Use indigenous substitutes of Chinese botanicals to recognition from independent G5 x P3 get FDA approval. Eg: Jarrow’s takes NDI approvals authorities to certify their procured for all its ingredients. ingredients from outside. Develop plans to source all ingredients locally if Some of the companies claim not done already. Promote procured and made in G5 x P4 ingredients sourced and produced in USA tag to attract customers. Eg: Amazing Grass USA to be their USP. and Gary Null’s Green Stuff proudly proclaim of their US only sourcing. 22 ZENeSYS Confidential Market Intelligence & Consulting
  • 23. Summary of Threats (best practices seen) Competitive Pricing – High degrees of promotion – Innovative Product Developments – Recognition – Wide availability – Optimal Supply Chain – Sustainable Procurement Cell Ref Best Practices Recommendation Come up with different products, flavors & Utilizing R&D and New Product package sizes. Eg: Companies like Amazing G1 x P1 Development to remain price Grass, Kyolic Kyo Green etc. have different competitive. pack sizes and flavors priced differently. Get recognized by independent labs or Having one’s Manufacturing Process authorities for organic certification, product G1 x P3 and Product Ingredients recognized by safety recognition. Eg: Amazing Grass has its Independent Authorities products certified organic by organizations like USDA Organic, Kosher, CCOF etc. Ensure adequate commercialization and that all new products in different package sizes are Most products are available easily available across all available retail formats. Eg: G1 x P5 across a multitude of online/physical Amazing Grass is found on Amazon, iHerb, retail stores DrugStore and a lot of other brick and mortar stores. 23 ZENeSYS Confidential Market Intelligence & Consulting
  • 24. Contd. Summary of Threats (best practices seen) Cell Ref Best Practices Recommendation Ensure products are available at competitive prices. Discount coupon codes may be given to Focusing extensively on pricing products attract customers. Eg: Amazing Grass products G2 x P1 competitively to enhance the visibility of are available at competitive prices on Amazon, their brands and brand recall. iHerb, DrugStore etc. Also discount coupons for the same available on RetailMeNot. Try to get featured in health magazines. If need be sponsor studies to prove effectiveness. Can Working towards getting recognized as also get celebrity endorsements. Eg: In the April G2 x P2 potent alternatives to conventional 2012 edition of the Marie Claire magazine, health supplements. Australian supermodel Abbey Lee Kershaw included Amazing Grass on her list of beauty and style obsessions. Try to get favorable customer feedbacks on public Increase their brand recall and initiate forums like Facebook etc. Initiate discussions on G2 x P4 product comparisons to attract more comparisons. Eg: Amazing Grass maintains a customers. regularly updated FaceBook/Twitter page to educate customers and initiate discussions. 24 ZENeSYS Confidential Market Intelligence & Consulting
  • 25. Contd. Summary of Threats (best practices seen) Cell Ref Best Practices Recommendation Get more store presence and increased customer Going for an optimized supply chain and touch-points to ensure wider usage of products. G3 x P4 distribution which helps in wider user Can also work along the lines of the Affiliate acceptance. Program launched by Amazing Grass. Optimum supply chain ensures greater and easier availability of products in physical retail Focusing on easy availability across a chains and major e – commerce portals. Eg: G3 x P5 multitude of online/physical retail stores Amazing Grass is available on Amazon, iHerb, DrugStore etc. apart from physical stores and its own website. Promote organic content by associating with Going for Independent recognition to organizations such as USDA Organic, Green G4 x P2 prove product effectiveness. America, Natural Products Asso., CCOF etc which provide certifications to Amazing Grass. Try to get ingredients procured locally or self grow them to develop a sustainable supply chain model Companies are favoring Indigenous and G5x P5 to ensure reliable product availability. Eg: local procurement Amazing Grass and Gary Null’s Green Stuff procure from their own farms. 25 ZENeSYS Confidential Market Intelligence & Consulting
  • 26. Untapped Opportunities Complementary avenues which needs to be explored:  Doctors specializing in preventive medicines  Approval and recognition from USDA organic, CCOF, American Natural Medicine Association (ANMA) and American Herbal Product Association (AHPA)  External reviews and feedback for the product  Efficient use of Search engine optimization (SEO) for top of the mind awareness 26 ZENeSYS Confidential Market Intelligence & Consulting
  • 27. Synthesis & Findings Detailed log of research findings for each Company Goal by Customer Preference 27 ZENeSYS Confidential Market Intelligence & Consulting
  • 28. Ranking of the Natural medicine manufacturers through Synthesis Matrix considering the preferences of consumers and company goals » Amazing Grass » Jarrow formulas Green Defense » Kyolic Kyo-Green » Greenergy » Gary Nulls’ Greenstuff » Gruvolo botanicals 28 ZENeSYS Confidential Market Intelligence & Consulting
  • 29. Findings on Co. 1 Gruvolo Botanicals 29 ZENeSYS Confidential Market Intelligence & Consulting
  • 30. For Goal 1 (Spending on R&D and New Product Development) – Gruvolo Botanicals Goal 1- Spending on R&D and Preferences New Product Development Score References http://www.amazon.com/Jarrow-Formulas- Green-Defense-Servings/dp/B0013OUKM0 http://www.amazon.com/Amazing-Grass- Superfood-8-5-Ounce-Container/dp/B00112ILZM http://www.gruvolobotanicals.com/products/gruvo los-premium-greens Not covered under insurance. http://www.h2oceanstore.com/tattoo-aftercare- Priced higher than major s/67.htm competitors ( Jarrow, Amazing http://www.tattoogoostore.com/category_s/1.htm Grass, Kyolic Kyo- for dietary #.UTswwFd5o0w supplements; H2Ocean & Tattoo http://www.gruvolobotanicals.com/products/tatge P1 - Competitive pricing Goo- for Tattoo care products) L vity-extended-care Less/No side effects. But, spending on R&D and NPD not P2 - Effectiveness & no/less side effects shown. M No. No tests done on animals etc. http://www.gruvolobotanicals.com/pages/disclaim P3 - Recognition/verification FDA has not evaluated. L er Some testimonials given. Blog/Twitter/Youtube not http://www.gruvolobotanicals.com/pages/testimo P4 - Usage/popularity in peer groups maintained M nials Online availability only on shopify. Only tatto care products available in variable content packs. Different SKUs of Premium greens and alka P5 - Availability drops not available. L http://www.gruvolobotanicals.com 30 ZENeSYS Confidential Market Intelligence & Consulting
  • 31. For Goal 2 (Maximize product visibility and brand recall) – Gruvolo Botanicals Goal 2- Maximize product visibility and Preferences brand recall Score References http://www.gruvolobotanicals.com Competition very extensive. Available http://marketplace.shopify.com/search?q=Gruvolo+Botan P1 - Competitive pricing for purchase on own webite and shopify L icals Branding efforts not undertaken. No sponsored/unsponsored studies P2 - Effectiveness & no/less side effects available. L http://www.gruvolobotanicals.com/pages/disclaimer P3 - Recognition/verification Not done. FDA approval not done. L http://www.gruvolobotanicals.com/pages/disclaimer P4 - Usage/popularity in peer groups Not many testimonials/advertising done. L http://www.gruvolobotanicals.com/pages/testimonials http://www.gruvolobotanicals.com Not available on any other e-commerce http://marketplace.shopify.com/search?q=Gruvolo+Botan websites apart from shopify. High- icals P5 - Availability placed yet has less sellers L 31 ZENeSYS Confidential Market Intelligence & Consulting
  • 32. For Goal 3 (Develop extensive and optimal distribution channels) – Gruvolo Botanicals Goal 3- Develop extensive and Preferences Score References optimal distribution channels Prices can be reduced if sales are http://www.gruvolobotanicals.com increased. Currently sold online http://marketplace.shopify.com/search?q=Gruvol only on shopify. No sales on o+Botanicals P1 - Competitive pricing Amazon/eBay etc. M P2 - Effectiveness & no/less side effects -- P3 - Recognition/verification -- http://www.webmd.com/diet/features/truth- behind-top-10-dietary-supplements http://www.alive.com/articles/view/19180/top_10_ supplements http://tattoo.about.com/cs/beginners/a/blaftercare .htm http://www.borntoride.com/new/wordpress/2009/ P4 - Usage/popularity in peer groups Availability Low. So usage is low. L 05/11/the-truth-about-tattoo-aftercare/ http://www.gruvolobotanicals.com Only available on 2 websites. OTC http://marketplace.shopify.com/search?q=Gruvol P5 - Availability data not available. L o+Botanicals 32 ZENeSYS Confidential Market Intelligence & Consulting
  • 33. For Goal 4 (Recognition by law & insurance agencies) – Gruvolo Botanicals Goal 4- Recognition by law & Preferences References insurance agencies http://www.amazon.com/Jarrow-Formulas- Green-Defense-Servings/dp/B0013OUKM0 http://www.amazon.com/Amazing-Grass- Stakes lesses than competitors as Superfood-8-5-Ounce-Container/dp/B00112ILZM products sold are mostly http://www.gruvolobotanicals.com/products/gruvo application based herbal products. los-premium-greens But data not available for efforts http://www.h2oceanstore.com/tattoo-aftercare- made to get it covered under s/67.htm insurance etc. http://www.tattoogoostore.com/category_s/1.htm Pricing very high when compared #.UTswwFd5o0w with other dietary supplements and http://www.gruvolobotanicals.com/products/tatge P1 - Competitive pricing 'natural' tattoo care products L vity-extended-care A perception has been developed of 'no side effects' from natural http://www.gruvolobotanicals.com/products/gruvo medicines esp. for medicines for los-premium-greens treatment of common cold. Not http://www.gruvolobotanicals.com/products/com P2 - Effectiveness & no/less side effects widely accepted/unknown brand. L mon-cold-formula More spending on R&D and testing/certifications will increase acceptance. Not done yet. P3 - Recognition/verification Not compliant to FDA's NDI L Efforts to brand the product very less. http://www.youtube.com/GruvoloBotanicals Youtube/Twitter/Blog account are https://twitter.com/tatgevity P4 - Usage/popularity in peer groups dormant M http://gruvolo.tumblr.com/ http://www.gruvolobotanicals.com http://marketplace.shopify.com/search?q=Gruvol P5 - Availability Sold online only on Shopify L o+Botanicals 33 ZENeSYS Confidential Market Intelligence & Consulting
  • 34. For Goal 5 (Developing an indigenous or sustainable model for procurement) – Gruvolo Botanicals Goal 5- Developing an indigenous or sustainable model for Preferences Score References procurement Pricing bound to come down with local sourcing. Data not available where the 'chinese herbs' are P1 - Competitive pricing souced from. L No side effects. Acceptability will increase if herbs are locally http://www.gruvolobotanicals.com/products/gruvo P2 - Effectiveness & no/less side effects sourced M los-premium-greens Not done. Not certified by FDA under the http://www.gruvolobotanicals.com/pages/disclaim P3 - Recognition/verification current NDI regulation L er P4 - Usage/popularity in peer groups -- Supply chain will develop with P5 - Availability localisation. Not done yet. L 34 ZENeSYS Confidential Market Intelligence & Consulting
  • 35. Findings on Co. 2 Amazing Grass 35 ZENeSYS Confidential Market Intelligence & Consulting
  • 36. For Goal 1 Focused spending on R&D & NPD– Amazing grass Goal 1- Spending on R&D and New Product Preferences Development Score References Production costs higher since they take longer to http://amazinggrass.com/product_info/3664/Compare-Our-Greens-to-Other- produce. Still maintains a very competitive price vis a vis Greens.html, http://blog.healthkismet.com/amazing-grass-green-superfood- H other similar companies. Available in different and review, http://www.amazon.com/s/ref=nb_sb_noss_1?url=search- P1 - Competitive pricing innovative packet sizes, targeting all groups. alias%3Dgrocery&field-keywords=amazing+grass https://secure.amazinggrass.com/product_info/3663/Harvesting- Better than tray grown grass and harvested once in 200 Process.html, http://amazinggrass.com/product_info/3664/Compare-Our- days during its nutritional peak. Their POD is their Greens-to-Other-Greens.html, proprietary process. Right from growth to harvesting, http://amazinggrass.com/product_info/5427/Compare-Wheat-Grass-and- capturing and locking nutrition value. Extreme care Tray-Grown-Grass.html, taken under a closely controlled process and packaging H http://www.betterwayhealth.com/blog/category/amazing-grass-superfood/, is done in highest quality Pharma grade containers. R&D http://search.proquest.com/business/docview/457125111/13CB4A9046725A in Commercialization - They sell it in a powder form you 9F9EE/1?accountid=33465, P2 - Effectiveness & no/less mix with water or juice, pills and energy bars & have a https://secure.amazinggrass.com/in_the_press/6801/May-2012---US- well defined product line. side effects Business-Executive-Summer-Issue.html http://amazinggrass.com/product_info/5427/Compare-Wheat-Grass-and- The product performances and comparison with tray Tray-Grown-Grass.html, grown grass were verified by independent labs . Has also https://secure.amazinggrass.com/in_the_press/6555/March-2012--- H been awarded for its innovative and effective Delicious-Living-Magazine-.html, supplements. https://secure.amazinggrass.com/in_the_press/6554/January-2012---Taste- P3 - Recognition/verification for-Life-2012-Essentials-Award-Winner-Best-Supplement.html Amazing grass was well accepted and its popularity has grown significantly ever since its inception. Its wide https://secure.amazinggrass.com/in_the_press/6801/May-2012---US- H P4 - Usage/popularity in peer range of products are eagerly sought after. It has also Business-Executive-Summer-Issue.html gone for NPDs to improve the taste of the products. groups http://www.amazon.com/s/ref=nb_sb_noss_1?url=search- alias%3Dgrocery&field-keywords=amazing+grass, http://www.iherb.com/search?kw=amazing+grass&x=-803&y=-154#none, Varied product designs and SKUs have helped in their H http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bm availability to all customer categories with varied needs. atchallpartial&Ntk=All&srchtree=1&Ntt=amazing+grass&Go.x=-827&Go.y=- 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw P5 - Availability %3D 36 ZENeSYS Confidential Market Intelligence & Consulting
  • 37. For Goal 2 Maximizing Product Visibility– Amazing grass Preferences Goal 2- Maximize product visibility and brand recall Score References http://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3Dgrocery&field- Customers are willing to pay higher for a green organic keywords=energy+drinks&rh=n%3A16310101%2Ck%3Aenergy+drinks, product like Amazing Grass in the broad energy drink P1 - Competitive pricing H http://www.retailmenot.com/view/amazinggrass.com, segment. At the same time, brand visibility enhanced by http://www.couponcabin.com/coupons/amazing-grass/, attracting customers with discount offers and coupons. http://www.couponchief.com/amazinggrass Has been stated to be more effective than conventional medicines which may be cumbersome. Also some of these http://www.betterwayhealth.com/blog/category/amazing-grass-superfood/, P2 - Effectiveness & no/less are said to contain nutrients unavailable in conventional M http://www.antioxidants-for-health-and-longevity.com/superfood-powders.html, side effects foods and are claimed to be gluten free. However, a definite http://experiencelife.com/article/supergreens/, http://amazinggrass.com/faq.html comparison study remains to be done. Certified by the Orthodox Jewish Congregation of America. To be Kosher certified requires stringent control of raw http://amazinggrass.com/product_info/5425/Kosher-Certified.html, materials. Not FDA Approved. However, it does have P3 - Recognition/verification certifications from USDA Organic, Green America, Natural M http://en.wikipedia.org/wiki/Kosher_foods, http://www.killerstartups.com/ecommerce/amazinggrass-com-amazing-grass/ Products Association, CCOF etc certifying it to be organic & natural http://search.proquest.com/docview/457125111?accountid=33465, http://www.lifestylemirror.com/beauty/eight-cleanse-friendly-buys/, https://secure.amazinggrass.com/in_the_press/6801/May-2012---US-Business- Executive-Summer-Issue.html, Wide recognition of brand among customers, celebrities and https://secure.amazinggrass.com/in_the_press/6553/April-2012---Marie-Claire- P4 - Usage/popularity in peer health practitioners. Many health magazines have H Magazine.html, http://www.amazon.com/s/ref=nb_sb_noss?url=search- groups recommended Amazing Grass. Amazing Grass publicises its alias%3Dhpc&field- direct to customer model. Good reviews in general. keywords=amazing+grass&rh=n%3A3760901%2Ck%3Aamazing+grass, https://secure.amazinggrass.com/in_the_press/5124/December-2009---Oprah-and- Friends-Share-Their-Favorite-Cold-Remedies.html, https://twitter.com/leannrimes/status/22357193596608512 http://amazinggrass.com/locations.html, The brand enjoys high visibility across different websites. Not http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dgrocery&field- only the brand is sold by many well known physical store keywords=amazing+grass, http://www.iherb.com/search?kw=amazing+grass&x=- P5 - Availability chains, but it enjoys price and product feature comparability H 803&y=-154#none, options on third party websites and enjoys very good http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatchall reviews. partial&Ntk=All&srchtree=1&Ntt=amazing+grass&Go.x=-827&Go.y=- 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D 37 ZENeSYS Confidential Market Intelligence & Consulting
  • 38. For Goal 3 Develop extensive Product channels– Amazing grass Goal 3- Develop extensive and Preferences Score References optimal distribution channels http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dgrocery&field- keywords=amazing+grass&rh=n%3A16310101%2Ck%3Aamazing+grass, The products are sold across various http://amazinggrass.com/locations.html, http://www.iherb.com/search?kw=amazing+grass&x=- online portals and heavy discounts 803&y=-154#none, are available in some of them. http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatchallpartial&Ntk=All&src Products are competitively priced at H htree=1&Ntt=amazing+grass&Go.x=-827&Go.y=- source as well as by retailers to 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D, boost sales. They also sell through http://www.vitaminshoppe.com/search/controller?N=0&Ntk=SiteSearch&Ntt=amazing%20grass&Nty=1 brick and mortar stores. &D=amazing%20grass&Ntx=mode+matchallpartial&Dx=mode+matchall&cm_sp=typeahead-_- P1 - Competitive pricing 0|amazing%20grass-_-n| No correlation No Correlation P2 - Effectiveness & no/less side effects No correlation No Correlation P3 - Recognition/verification Amazing grass has expanded both nationally and internationally. M http://m.newhope360.com/ingredients-general/amazing-grass-launches-nationwide-canada P4 - Usage/popularity in peer Ventured into Canada by tying up groups with various store chains. http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dgrocery&field- keywords=amazing+grass&rh=n%3A16310101%2Ck%3Aamazing+grass, The products are very easily http://amazinggrass.com/locations.html, http://www.iherb.com/search?kw=amazing+grass&x=- available. Can be purchased directly 803&y=-154#none, either from their websites or many http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatchallpartial&Ntk=All&src of the e - commerce portals at good H htree=1&Ntt=amazing+grass&Go.x=-827&Go.y=- discounts. Even available in US, 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D, Australia and Canada through http://www.vitaminshoppe.com/search/controller?N=0&Ntk=SiteSearch&Ntt=amazing%20grass&Nty=1 certified distributors. &D=amazing%20grass&Ntx=mode+matchallpartial&Dx=mode+matchall&cm_sp=typeahead-_- P5 - Availability 0|amazing%20grass-_-n| 38 ZENeSYS Confidential Market Intelligence & Consulting
  • 39. For Goal 4- Work with other players to get Natural medicines covered under insurance– Amazing grass Goal 4- Recognition by law & Preferences insurance agencies Score References http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field- Is not working together with other players to get keywords=energy+drinks, naturopathy and natural medicines get recognized by L http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatch law or insurers or HMOs. In fact, even the pricing is allpartial&Ntk=All&srchtree=1&Ntt=energy+drinks&Go.x=-827&Go.y=- higher than conventional health supplements. 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D P1 - Competitive pricing Wheatgrass products as a whole are being recognized as important health supplements comparable to or http://www.energiseforlife.com/wordpress/2009/05/22/wheatgrass-health- better than conventional health supplements. This is M benefits/, http://www.hippocratesinst.org/wheatgrass/benefits-of-wheatgrass, P2 - Effectiveness & no/less expected to translate to greater sales. Though a http://www.greenhealthcanada.com/Benefits_of_Wheatgrass.html side effects combined effort from the industry is missing. Wheat grass's major components - Phytonutrients and Carotenoids are recognized by the USFDA to protect against Cancer, Cardiovascular Diseases and Cellular http://www.livestrong.com/article/426607-phytonutrient-foods/, Damage. Also FDA subscribes to the importance of M http://www.tasty-nuggets.com/glos.news/3ds.heltclaims.html Folic Acid & Vitamin C, other chief ingredients of Amazing Grass. However, Amazing Grass plays little P3 - Recognition/verification role in this. Wheat grass in any form is widely recognized to be extremely useful for the body for a variety of reasons http://www.mywheatgrass.com/wheatgrass-uses.shtml, ranging from combating cancer to avoiding http://www.cancer.org/treatment/treatmentsandsideeffects/complementaryand M cardiovascular diseases etc. Wheat grass is supported alternativemedicine/dietandnutrition/wheatgrass, P4 - Usage/popularity in by both consumers as well as practitioners. However, http://www.foodalive.org/articles/wheatgrass.htm peer groups its use as a natural madicine remains contested. http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field- Wheat grass products are widely available on a variety keywords=wheat+grass, http://www.iherb.com/search?kw=wheat+grass&x=- of platforms. However, their sales can be further 803&y=-154#none, increased if the industry players come together to M http://www.drugstore.com/search/search_results.asp?N=0&Ntx=mode%2Bmatch propogate the use or there is some kind of a allpartial&Ntk=All&srchtree=1&Ntt=wheat+grass&Go.x=-827&Go.y=- body/association. P5 - Availability 105&CSRFToken=8zkLF%2BGrwv%2FvxZjeWrTrI97YMh5w5Y74qd36kvDwBCw%3D 39 ZENeSYS Confidential Market Intelligence & Consulting
  • 40. For Goal 5- Sustainable model for procurement– Amazing grass Goal 5- Developing an indigenous/sustainable Preferences procurement model Score References https://secure.amazinggrass.com/in_the_press/6801/May- 2012---US-Business-Executive-Summer-Issue.html, Grower direct model allows the company to H greenfestivals.org/exhibitors/amazing-grass, price its products more competitively http://m.newhope360.com/health-conditions/new-green- superfood-drink-mix-features-organic-chocolate P1 - Competitive pricing Grown in nutritionally superior, fertile http://amazinggrass.com/product_info/3664/Compare-Our- midwest soil, best known for growing cereal Greens-to-Other-Greens.html, H P2 - Effectiveness & no/less grasses. Family owned farm in Kansas, US. http://amazinggrass.com/gallery/5307/-Family-Farm,-Kansas,- side effects Sustainable procurement. USA.html Less Information L Less Information P3 - Recognition/verification http://www.iherb.com/Amazing-Grass-Green-SuperFood- Retailers mention Amazing Grass's US origin in Antioxidant-Berry-Drink-Powder-7-4-oz-210-g/35730, the passing. Company also emphasizes the M P4 - Usage/popularity in peer http://livesuperfoods.com/amazing-grass-organic-amazing- 'Produced & Made in America' tag. groups trio.html, http://www.vijuvenate.com/b-amazing-grass.html Prompt delivery of medicines close to the area H http://amazinggrass.com/faq.html P5 - Availability of procurement (US) 40 ZENeSYS Confidential Market Intelligence & Consulting
  • 41. Findings on Co.3 Kyolic Kyo Green 41 ZENeSYS Confidential Market Intelligence & Consulting
  • 42. For Goal 1 Spending on R&D & NPD– Kyolic Kyo-Green Goal 1- Spending on R&D and New Product Preference Development Score References http://www.kyolic.com/product/category/greens/ http://www.vitacost.com/kyolic-kyo-green-energy-powdered- Various e-portals selling the product with different drink-mix-10-oz varieties and offers. Variety of packages are http://www.supplementcentral.com/green-foods-super- P1 - Competitive pricing available. H foods?filter:manufacturer=wakunaga Good reviews mentioning the product benefits http://www.kyolic.com/product/category/kyo-green/ from customers as well as experts. However, http://www.iherb.com/Wakunaga-Kyolic-Kyo-Green-Harvest- P2 - Effectiveness & no/less side some article says that there is no actual benefit of Blend-Powdered-Drink-Mix-6-oz-172-5-g/4588 effects the product M http://www.medscape.com/viewarticle/562177 http://www.kyolic.com/product/category/greens/ http://www.seacoast.com/topic.php?health=usda+certified+o No FDA approval.. Flagship product is USDA rganic+kyolic+garlic+supplements organic approved but mention about the kyo - http://www.naturalproductsinsider.com/Buyers- P3 - Recognition/verification green approval M Guide.aspx?li=34277 http://www.amazon.com/Kyolic-Kyo-Green-Energy- Powdered-Drink/dp/B000ZMIKGY http://www.vitacost.com/kyolic-kyo-green-energy-powdered- Lot many testimonials given. Individual feedbacks drink-mix-10-oz from customers are positive with good http://www.wholefoodsmagazine.com/supplements/features/ P4 - Usage/popularity in peer groups recommendations across channels H feeling-great-greens Store locators option available on website. Easily P5 - Availability available on other e-commerce websites as well H http://www.kyolic.com/stores/customers/search/ 42 ZENeSYS Confidential Market Intelligence & Consulting
  • 43. For Goal 2 Maximizing Product Visibility– Kyolic Kyo Green Goal 2- Maximize product visibility and Preference brand recall Score References http://www.amazon.com/Kyolic-Kyo-Green-Energy-Powdered- Drink/dp/B000ZMIKGY http://www.swansonvitamins.com/kyolic-kyo-green-10-oz-pwdr http://www.dietpillcritic.com/diet-pills/kyo-green-energy/ Better visibility, leveraging on parent http://www.ebay.com.au/itm/KYOLIC-Kyo-Green-Drink-Powder-2-8-oz- P1 - Competitive pricing brand. Various discount offers available. H /250829529268?pt=LH_DefaultDomain_0&hash=item3a669ae0b4 http://www.kyolic.com/category/milestones/ http://www.iherb.com/Wakunaga-Kyolic-Kyo-Green-Harvest-Blend- Studies to prove effectives done Powdered-Drink-Mix-6-oz-172-5-g/4588 P2 - Effectiveness & no/less side However side effects are mentioned on http://www.wholefoodsmagazine.com/supplements/features/feeling-great- effects website M greens No FDA approval. Clearly mentioned on P3 - Recognition/verification website L http://www.kyolic.com/product/category/kyo-green/ http://www.amazon.com/Kyolic-Kyo-Green-Energy-Powdered- Drink/dp/B000ZMIKGY http://books.google.co.in/books?hl=en&lr=&id=FQYAAAAAMBAJ&oi=fnd& Advertising done. Good Customer pg=PA18&dq=kyolic+kyo+green&ots=EBqMvLRF01&sig=uyHMSddUMh- P4 - Usage/popularity in peer feedback. ayKamvtpfqFNJwYc#v=onepage&q=kyolic%20kyo%20green&f=false groups No clear mention of its benefits M http://www.dietpillcritic.com/diet-pills/kyo-green-energy/ Better availability on e-commerce websites along with their own store locator. Comparison among various http://www.kyolic.com/stores/customers/search/ P5 - Availability product on third party websites H http://www.swansonvitamins.com/kyolic-kyo-green-10-oz-pwdr 43 ZENeSYS Confidential Market Intelligence & Consulting
  • 44. For Goal 3 Develop extensive and optimal distribution channels– Kyolic Kyo Green Goal 3- Develop extensive and optimal Preference Score References distribution channels http://www.kyolic.com/stores/customers/search/ Effective use of internet to increase touch points. http://www.harvestmoonhealthfoods.com/kykyhabl6oz. Variety of schemes also available on these e- html commerce websites http://www.healthpricer.com/kyo-green-compare- P1 - Competitive pricing M prices/4649937.html -- P2 - Effectiveness & no/less side effects -- P3 - Recognition/verification http://www.iherb.com/Wakunaga-Kyolic-Kyo-Green- Good customer feedback on various portals which Harvest-Blend-Powdered-Drink-Mix-6-oz-172-5- acts as source for selling of the product g/4588 P4 - Usage/popularity in peer groups H http://www.shopwiki.com/l/Greenergy-%E2%80%93- Green-Drink-%E2%80%93-Green-Powder-~- Superfood http://www.harvestmoonhealthfoods.com/kykyhabl6oz. Extensive channel employed for easy availability. html http://www.allstarhealth.com/f/kyolic-kyo- green_energy_(powder).htm http://www.healthpricer.com/kyo-green-compare- P5 - Availability H prices/4649937.html 44 ZENeSYS Confidential Market Intelligence & Consulting
  • 45. For Goal 4- Recognition by law & insurance agencies– Kyolic Kyo Green Goal 4- Recognition by law & Preference Score References insurance agencies Low significance found in reduction in prices due to any acknowledgment or recognition by independent P1 - Competitive pricing authorities L http://books.google.co.in/books?id=FraTlNJZuRQC http://www.virtuvites.com/shop/wakunaga_kyo-green_10oz.html http://books.google.co.in/books?hl=en&lr=&id=a3q5KuFj104C&oi=fnd& pg=PP3&dq=kyolic+kyo+green&ots=T- 4v_AGwiI&sig=vWIsSNaq__9izmfdcCyLY2I-A_c http://www.wholefoodsmagazine.com/supplements/features/feeling- great-greens http://books.google.co.in/books?id=2s_q2y_J3rwC&pg=PA577&lpg=P A577&dq=kyo+green+competitors&source=bl&ots=cS42xSNbw_&sig= o9mHtqF_iiAtlJhtb-Xvudfcw2k&hl=en&sa=X&ei=9z47UavZKcz- Clear mention of benefits of rAeo4IHgCA&ved=0CEgQ6AEwBTgU#v=onepage&q=kyo%20green% using the product in health 20competitors&f=false P2 - Effectiveness & no/less side effects journals, magazine and books. H http://books.google.co.in/books?id=FraTlNJZuRQC Direct references to product in research materials. No extensive recognition on http://www.logan.edu/mm/files/LRC/Senior-Research/1994-Dec-18.pdf P3 - Recognition/verification the benefit of the product M http://books.google.co.in/books?id=FraTlNJZuRQC Clear references of the http://books.google.co.in/books?hl=en&lr=&id=FQYAAAAAMBAJ&oi=f product in health magazines nd&pg=PA18&dq=kyolic+kyo+green&ots=EBqMvLRF01&sig=uyHMSd by customers using the dUMh- P4 - Usage/popularity in peer groups product H ayKamvtpfqFNJwYc#v=onepage&q=kyolic%20kyo%20green&f=false Low involvement by other P5 - Availability parties for ease of availability L http://www.harvestmoonhealthfoods.com/kykyhabl6oz.html 45 ZENeSYS Confidential Market Intelligence & Consulting
  • 46. For Goal 5- Sustainable model for procurement– Kyolic Kyo Green Goal 5- Developing an indigenous or sustainable model for Preference References procurement http://www.iherb.com/Wakunaga-Kyolic- No clear efforts to reduce prices through ingredients mix Kyo-Green-Harvest-Blend-Powdered- P1 - Competitive pricing L Drink-Mix-6-oz-172-5-g/4588 http://www.livestrong.com/article/33310 2-what-are-the-benefits-of-kyo-green/ Mention of benefits of the ingredients used in the product by http://www.dietpillcritic.com/diet- P2 - Effectiveness & no/less side effects experts H pills/kyo-green-energy/ http://www.kyolic.com/product/category/ P3 - Recognition/verification Not approved under FDA’s NDI regime. Contains Lead. L kyo-green/ Barley Grass and Wheat Grass used for the product are sourced http://www.nutritiongeeks.com/kyo- P4 - Usage/popularity in peer groups from Japan. L green-10/kyo-green.html http://www.allstarhealth.com/f/kyolic- kyo-green_energy_(powder).htm http://www.nutritiongeeks.com/kyo- green-10/kyo-green.html http://www.swansonvitamins.com/kyolic- Lot of third party websites mentioning its proprietary blend. kyo-green-10-oz-pwdr Explicit details of the benefit of the ingredients used in the http://www.nutritionjungle.com/kyolic- P5 - Availability product H kyo-green-powdered-drink-mix.aspx 46 ZENeSYS Confidential Market Intelligence & Consulting
  • 47. Findings on Co. 4 Jarrow Formula’s Green Defense 47 ZENeSYS Confidential Market Intelligence & Consulting
  • 48. For Goal 1 (Spending on R&D and New Product Development) – Jarrow Formulas Green Defense Goal 1- Spending on R&D and New Product Preferences Development Score References http://www.amazon.com/Jarrow-Formulas-Green-Defense- A tad bit expensive as compared to a few Servings/dp/B0013OUKM0 competitors http://www.amazon.com/Amazing-Grass-Superfood-8-5- P1 - Competitive pricing Cheaper than Gruvolo's Premium Greens M Ounce-Container/dp/B00112ILZM P2 - Effectiveness & no/less side effects Effective. No proven side effects. H Not FDA approved http://newhope360.com/supply-news-amp-analysis/jarrow- P3 - Recognition/verification Honoured by NPA West M formulas-honored-natural-products-association-west http://www.iherb.com/product-reviews/Jarrow-Formulas-Green- Better formula & better taste than Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/ competitors has made it popular; http://www.swansonvitamins.com/jarrow-formulas-inc-green- P4 - Usage/popularity in peer groups Easily dissolves in water H defense-super-green-foods-180-grams-pwdr http://www.drugstore.com/jarrow-formulas-green- defense/qxp271014 http://www.iherb.com/product-reviews/Jarrow-Formulas-Green- Easily available online on Amazon, Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/ drugstore, iHerb etc. OTC availability-good http://www.vitacost.com/jarrow-formulas-green- P5 - Availability Less number of SKUs H defense#nutritionFacts 48 ZENeSYS Confidential Market Intelligence & Consulting
  • 49. For Goal 2 (Maximize product visibility and brand recall) – Jarrow Formulas Green Defense Goal 2- Maximize product visibility and Preferences brand recall Score References http://www.iherb.com/product-reviews/Jarrow-Formulas-Green- Customers are willing to pay a little extra for Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/ the taste & easy solubility of the product http://www.swansonvitamins.com/jarrow-formulas-inc-green- P1 - Competitive pricing Such features of the product are advertised H defense-super-green-foods-180-grams-pwdr P2 - Effectiveness & no/less side http://newhope360.com/supply-news-amp-analysis/jarrow- effects Honoured by NPA West M formulas-honored-natural-products-association-west http://newhope360.com/supply-news-amp-analysis/jarrow- Run-in with FDA over NDI guidance; product formulas-honored-natural-products-association-west not FDA evaluated http://www.naturalproductsinsider.com/news/2011/12/jarrow- P3 - Recognition/verification Honoured by NPA West M ndi-guidance-is-new-rule-in-disguise.aspx http://www.iherb.com/product-reviews/Jarrow-Formulas-Green- Defense-with-Resveratrol-Powder-6-35-oz-180-g/128/ http://www.swansonvitamins.com/jarrow-formulas-inc-green- P4 - Usage/popularity in peer groups Customer reviews are favorable H defense-super-green-foods-180-grams-pwdr Not so much a 'higher' placed brand, but http://www.jarrow.com/product/334/Green_Defense easily available in stores and online. http://www.nutraingredients.com/Research/Grape-seed- P5 - Availability Sponsered studies available H extract-shows-cancer-promise-Mouse-study 49 ZENeSYS Confidential Market Intelligence & Consulting
  • 50. For Goal 3 (Develop extensive and optimal distribution channels) – Jarrow Formulas Green Defense Goal 3- Develop extensive and optimal Preferences Score References distribution channels http://www.amazon.com/Jarrow-Formulas-Green- Defense-Servings/dp/B0013OUKM0 http://www.amazon.com/Amazing-Grass-Superfood-8-5- Ounce-Container/dp/B00112ILZM Prices almost half as that of Gruvolo, as http://www.gruvolobotanicals.com/products/gruvolos- P1 - Competitive pricing product sales are much higher H premium-greens P2 - Effectiveness & no/less side effects -- P3 - Recognition/verification -- http://www.selfgrowth.com/articles/My_Top_5_Supplemen t_Recommendations_for_Men_and_Women.html http://www.iherb.com/product-reviews/Jarrow-Formulas- Green-Defense-with-Resveratrol-Powder-6-35-oz-180- g/128/ http://www.swansonvitamins.com/jarrow-formulas-inc- P4 - Usage/popularity in peer Yes, product is popular. Both amongst green-defense-super-green-foods-180-grams-pwdr groups reviewers and researchers. H http://www.drugstore.com/jarrow-formulas-green- defense/qxp271014 http://www.iherb.com/product-reviews/Jarrow-Formulas- Green-Defense-with-Resveratrol-Powder-6-35-oz-180- User reviews suggest that the product is g/128/ delivered within a week. http://www.vitacost.com/jarrow-formulas-green- Also brings down cost therefore defense#nutritionFacts P5 - Availability increasing its appeal H 50 ZENeSYS Confidential Market Intelligence & Consulting
  • 51. For Goal 4 (Recognition by law & insurance agencies) – Jarrow Formulas Green Defense Goal 4- Recognition by law & insurance Preferences agencies Score References Not FDA evaluated because of non NDI P1 - Competitive pricing appliance. L P2 - Effectiveness & no/less side effects does not comply to FDA's NDI L http://www.nutraingredients-usa.com/Regulation/Jarrow- Proposed new Supplement Trade Rogovin-proposes-new-supplement-trade-association-There-s- P3 - Recognition/verification Association after NDI H no-need-say-existing-associations Though not evaluated by FDA, still sells in http://www.selfgrowth.com/articles/My_Top_5_Supplement_Re P4 - Usage/popularity in peer groups large numbers M commendations_for_Men_and_Women.html http://www.nutraingredients-usa.com/Regulation/Jarrow- Rogovin-proposes-new-supplement-trade-association-There-s- no-need-say-existing-associations Proposed new Supplement Trade http://politicsandabundantliving.blogspot.in/2012/06/fda- P5 - Availability Association after NDI H revising-ndi-draft-thanks-to-jarrow.html 51 ZENeSYS Confidential Market Intelligence & Consulting