Prepared by:
Manish Khurana – 3299295
Lucie Le borgne - 3360875
Priyanka Puppala - 3359701
Pernille Hoeyem Haug – 3387021
Mehdy Chioub - 3390000
Prepared by:
Manish Khurana – 3299295
Lucie Le borgne - 3360875
Priyanka Puppala - 3359701
Pernille Hoeyem Haug – 3387021
Mehdy Chioub - 3390000 | Mark 5810 | | Lucie |
[The launch of golden circle baby food in Australia] | |
Table of Contents
Executive summary 2
Market Analysis 2 Golden Circle before the launch 2 The baby food industry 3
Strategic analysis 3 SWOT analysis 3 Golden Circle strategy: 4
Advertising campaign analysis 5 Target market 5 Strategic positioning 6 Advertising campaign message and tone 6 Differentiation and media
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Advertising campaign analysis
Target market
During the launch of their new product, the brand had to communicate the right message to the target markets. After qualitative analysis, the firms decided to focus on 3 main targets: * First time mother with baby aged between 4 to 12 months:
Why? The first time mothers were sensitive and more protective and hence their focus will be on making the right choice for their babies in the selection of products and also since they represent a large market in Australia.
Objective: Create brand awareness and emotional attachment to the brand; build strong relationship with the mum to enhance loyalty.
* Second time mother with at least one child under 12 month:
Why? They represent a large target market in Australia, since there is a lack of choice in the baby food category there was an opportunity to offer the market a good reason to switch their brand
Objective: Make them switch brand and create loyalty to Golden Circle through creation of emotional connection with mothers.
This marketing plan lays the foundations on which to build a solid and successful entry and entail a marketing campaign promoting core brand attributes and aligning them with our target market. To keep the plan on track specific objectives have been created to guide all strategic decisions. The objectives are divided into marketing and financial objectives
In conclusion, this essay has outlined the six key elements of the marketing process: (i) situational analysis; (ii) market research; (iii) establishing marketing objectives; (iv) identifying target markets; (v) developing marketing strategies; and (vi) implementation,
I. Executive Summary II. Situation Analysis o Market Summary Target Market Demographics Geographic Demographics Behavior Factors Market Needs Market Trends Market Growth o SWOT Analysis Strengths Weaknesses Opportunities Threats o Competition o Product Offering o Keys to Success o Critical Issues III. Marketing Strategy o Mission o Marketing Objectives o Financial Objectives o Target Markets o Positioning o Strategies o Marketing Mix o Marketing Research o Action Plan IV. Financials o o o V. Controls o o o VI. Summary Implementation Marketing Organization Contingency Planning Breakeven Analysis Sales Forecast Expense Forecast
3. The marketing strategy of company is not so convincing because they can extend their product range with good
Business Model. Branding is very important to Jif, and their branding efforts have been consistent over the years. Jif’s marketing program has been primarily family focused, with the popular tagline “Choosy Moms Choose Jif.” Also notable is brand-building of the widely recognizable Jif label, with its striking vertical bars in basic red, blue, and green. As an instantly-recognizable brand, Jif has enjoyed long-term customer loyalty. Jif’s
The qualitative steps would help her in better understand the product’s target customers and the quantitative part confirms the results of the qualitative research across a greater population.
| Propose a marketing strategy that addresses the quality of the cookie or targets children. Since children have a stronger influence in Canadian markets than US markets, reaching out to them could increase brand recognition and sales.
“To bring smiles to families everywhere through the pleasure if its products made with dairy
The team gathered a wealth of information about the products strengths and weaknesses, but lacked important consumerbrand relationship information. Supplementing the Consumer Insight Team research with the Usage and Attitude Study provided a well rounded customer understanding.
The brand seeks great opportunity to further develop the business, enhance product design as well as company’s brand image.
In the novel, The Circle, Dave Eggers creates a future society centered on money and power from digital innovation. Mae Holland, the determined protagonist from a humble beginnings, receives an opportunity to gain high status within the company but faces the challenge of managing the loss of her human privacy in a technologically advancing community. By applying ideas like technological determinism and McDonaldization to the Circle’s intrusive security measures and inauthentic interaction, Eggers draws a direct parallel to America’s modern society and forces the readers to question the possible dystopian implications of a technocentric culture.
First, we will analyze the targeted customer and the proposition designed by each company to attract them. In this part, there is a description of each market target and how each company has taken advantage of each unique position in the industry.
Goal should be like that reflect our desire to achieve the dream. In this company as we distinguish our product and focus on the achievement of high quality of product that satisfies the needs of the customers, the company market itself as a high quality product manufacture. The position of the company in the market is the premium segment and targeting the customers who value quality and appreciates creativity. The key objectives are:
According to George Bernard Shaw, the single biggest problem in communication is the illusion that it has taken place. The novel The Circle by Dave Eggers tells us a story about the main character, Mae Holland, and her journey through the company Circle. The company Circle have the most futuristic-like advancements in technology. Mae Holland’s dream is to work at the Circle because she dreaded her previous job at a run-down utility company. Holland is introverted and before working at the Circle, her life was not consumed with technology. She slowly assimilates with the Circle’s rules and regulations and therefore encounter a problem with situations she has never experienced before. Holland did not meet the expectations of the Circle’s requirements
I am going to look at how a business successfully applies the marketing mix when launching a product. I am also going to compare and contrast traditional and digital methods of communication. I am also going to look at how Sony, when launching their Playstation 4, have applied the marketing mix, identified their target market and give recommendations on how they could have launched this product better.