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Kraft Group Id Gum Product Report - Marketing Report

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KRAFT Group Report
Report on the appropriateness of iD gum for teen market
Chandra, Hafizhah

Executive Summary

The purpose of this report was to evaluate the appropriateness of the recently launched iD gum brand for its targeted market, teenagers and young adults. Research for this report included reviews of several marketing literature from journals and books, study of relevant psychological issues for the product and its target market, and several statistical data related to the target market.
It was revealed that the target market mainly consumes sugarless gum and its main motivation for purchasing is for functional purposes, while fun comes second. The major findings indicate that the product is very much dedicated for teen …show more content…

2010) – will lead to exploration of opportunities and threats. The table below summarizes Mondelez’s macro and micro forces. | | Definition | Analysis | Micro | Marketing Intermediaries | Any firm that help organization to promote, sell and distribution its goods to final buyers | Mondelez is advantageous due to its relation with Wal-Mart and convenience store (established through Cadbury and Milka). (Parnassus Digest, 2013) | | Competitors | Other organizations that sell similar/substitute products | Since Mondelez decided to launch Stride gum in China, it has to face MARS Inc., which is the market leader in China, commanding 18% confectionery share. Mondelez needs to turn the tide and thus aim at different market segment – teen market. (Confectionery News, 2012) | | Publics | Outside groups that have potential to affect or be affected by our organization | Mondelez has been engaging in community involvement to fight hunger and promote healthier lifestyle by contributing $1 billion in cash and food for the past 25 years. This would help brighten the company’s image. (Mondelez International Fact Sheet, 2012) | Macro | Economic | Anything that can affect customers’ buying power and spending pattern | Due to Europe’s rising unemployment and falling GDP, the citizens are short of

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