Abstract
This report aims to deliver an effective marketing plan for Target Nutrition, an online sports supplement store focussing on own-label brands that have been rigorously tested with minimal side effects. The company’s unique objectives are to provide greater knowledge for the customer, on the various products sold, how this fits in with the customers’ fitness goals and advice for future targets and development. Therefore the company will not only provide products but also an accompanying service by training customers to use the products to get the best benefits. The service will build an interaction between the customer and the organisation and provides an almost face to face interaction, through videos, comments and feedback
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Along with the selling of tested products, the company also provides instructional videos so that the consumer receives added value from Target Nutrition compared to competitors. Educating the customers on their health and fitness goals gives the customer added value over and above competitors, by being more relevant and convenient to consumers. The many different supplements sold provides products for a wide range of demographics, from young males to elderly women, attracting a wide range of the urban population. This report will try to use marketing theories and evidence to reinforce the marketing decisions made. The challenges of providing for a wide range of demographics in a very popular industry will be demanding, however with the marketing techniques employed this can be overcome.
Discussion
Current Marketing Situation
The Environment
The industry for sports and dietary supplements has grown massively in recent years, C.Noonan et al 2006 writes, ‘since the passage of the Dietary Supplement Health and Education Act in 1994, the marketplace for dietary supplements has experienced dramatic growth. New products have redefined the entire marketplace, and new ingredients are introduced to consumers at lightning speed.’ The downside of such a growth in the industry is that there are many misused, illegal and untested products in the market. This will be addressed by the accompanying service that Target Nutrition offers
With having true genuine intentions in eating healthy people fall into the ideas advertised by cooperation’s that their products are healthy. Food corporations protect themselves through ingredient secrecy and even through the FDA because they are not required by law to disclose their ingredients; however, the chemicals used need to be considered by the FDA to be Generally Regarded As Safe (Schlosser 25). People should take responsibility in the research of the food products they consume; therefore, allowing an individual to be wise and informed of what their really consuming. Maybe, instead of cutting corners in trying to eat healthy with false idealistic advertisement consumers should consider eating fresh fruits, vegetables, and cooking ingredients. Consumers should like the author Pollan suggested in his rules of thumb: avoid food products unfamiliar, unpronounceable ingredients, and products containing more than five ingredients (Pollan
The product more or less receives a seal of approval without the consumer ever really knowing whether the “expert” is truly an expert at all. The professional’s actual doctorate may not even be in the medical field, but in a completely different field and unrelated all together. This is done because viewers ask fewer questions about a product or information when backed by a professional. This tactic is used to gain the trust of the viewers. Once they have the viewers’ trust in hand, Iovative Health Sciences, Inc., persuades these young female viewers to believe almost anything that they want them too. These women become inclined to believe that Hydroxycut will work for them; fast, easy, and with no hassles. This method of gaining the female consumers trust coupled with Hydroxycut ads’ other advertising fallacies for example, the airbrushed and digitally enhanced photos along with Hydroxycut’s over exaggerated or falsified statements; make their already vulnerable female audience more susceptible to their deceptions. The Federal Trade Commission (FTC), an agency created to protect America’s consumers, drew up a report called, “Weight-Loss Advertising: An Analysis of Current Trends,” which investigated weight-loss advertising. In 2001, a content analysis found that over half of all advertising for weight-loss products used fabricated, unsupported claims. In an investigation of 300 ads from
Gatorade is a flagship brand of PepsiCo and has a commanding 75% market share of the sports nutrition beverage marketplace globally, being sold into 80 different countries according to the latest PepsiCo annual report published in late 2011. Gatorade's success in branding and product marketing has actually expanded the global market for sports nutrition beverages during the late 1990s and into the 21rst century. Recently however the company has faced many channels including product line extensions of the last decade which failed to deliver strong results (Pollack, 1997) and a more critical analysis of their ingredients as many of their beverages are sold in public schools (Tallon, 2009). Despite these challenges however, Gatorade continues to experience strong market share and growth. The intent of this analysis is to evaluate and provide recommendations for each of the four areas of the marketing mix including product, price, promotion and place or distribution.
Sports nutrition products are designed to be taken in conjunction with an exercise and fitness regimen. These products include: proteins, mass gainers, pre-workout supplements, during-workout supplements, post-workout supplements, and gluten free products. In total, the sports nutrition sector generated approximately 43% of GNC’s retail sales for 2010. (Reuters, 2011)
There are over 1.1 million men and woman amateur and pro bodybuilders alone in the United States. The IFBB has competitors age ranges from as young as 16 years to as old as 83 within a range categories for competition, The NutiBullet Pro is a necessary tool to assist the competitors in preparing for competitions fulfilling a need for a quick, convenient and easy way for bodybuilders to create their protein shakes, whey smoothies or one of their required 6 to 7 meals a day.
Lucozade Sport uses a strategy which is specific to sportsmen and sportswomen in order to sell their product. I will be analysing the segmentation, targeting and positioning strategy that Lucozade Sport adopt while also talking about how Lucozade Sport’s marketing mix which ensures it stands out from other competitors. The information gathered has been collected from various websites and articles to do with Lucozade Sport.
Does death justify the loss of a loved one? The death penalty has been around for decades, raising questions and resulting in the issue of whether it is socially acceptable or morally incorrect. Instinctively we perceive death with horror, particularly the thought of killing someone else. But as human beings we also have a barbarian instinct that wants revenge when someone has hurt us deeply. Generally people who have suffered a tragedy, in which a loved one has been taken from them, would tend to support the death penalty. While those who have never experienced such an ordeal may see things with a different perspective and debate that a criminal’s life is a human life nevertheless. Arguments of why the death penalty should exist include
Whole Foods Market is a chain of organic, natural supermarkets found in USA, Canada and the UK. Initially founded in Austin, Texas in 1980, at a time when there were less than half a dozen natural supermarkets, the company saw rapid growth domestically through expanding across Texas and then into the West Coast of America. This was achieved through growth from the ground up and acquiring smaller natural food companies. Whole Foods Market in the present day is the result of acquiring 14 smaller firms - a key driver in breaking into the UK and Canadian markets.
Agatha Christie's riveting novel, And Then There Were None, is one that has suspense all the way to the very end. Eight strangers are invited to Indian Island, off the English coast. Their names are Dr. Armstrong, Vera Claythorne, Philip Lombard, William Blore, Emily Brent, General Macarthur, Tony Marston, and Judge Wargrave. All think they are meeting someone different for different reasons. When they arrive on the island though, they are greeted by Mr. and Mrs. Rogers, who are servants for the host; the host is someone with the name Mr. Owen. The group is told that Mr. Owen will not arrive until the next day. That evening that they arrive there is a recording played at dinner that accuses each one of them of committing murder. While discussing this, they come to realize that no one actually knows who “Mr. Owen” is.
Supplements have become very popular in the United States. Americans want a cure-all for their health problems, and supplements have become the point where they are turning. In fact, it is approximated forty percent of Americans use supplements. (1) Even more astoundingly, a survey conducted between 2003 and 2006 established fifty-four percent of American adults use some strain of supplements. This large demand from Americans, and, in particular, athletes, has created a booming business for supplements in the US. It is supposed nearly twenty-seven billion dollars were spent on supplements in 2009, with roughly thirty-five percent of that figure being specifically vitamin supplements. Because
Target Corporation has recognized itself as one of the top retailers in the United States market on the basis of excellent service quality, customer experiences, operational excellence, strong financial position, and a wide array of product offerings. Through its high degree of service orientation at physical outlets and adoption of fair business practices, Target Corporation has become the most distinctive retailer in the eyes of its potential customers. Being one of the top-notch retailers in the United States, Target Corporation has to carefully strategize on its business operations and marketing tactics so as to keep itself in the row of competitive brands of the industry.
We will be marketing a food product, “Healthy Protein Snack Foods” that will be marketed to the athletic people, people playing soccer games, and people from ones who joined sports clubs in Dubai. The prime focus of the product is mainly on Dubai, that is u males between the ages of 20-35 years of age in order to get their attention to the efficacy of the product with to improving their health. From there we want to spread to other cities of UAE. The success of the “Healthy Protein Snack Foods” will be dependent on the way, we take the product to the people in our target market, describing its features and the aspects of health that it contributes, the replacement it can give for the fast foods, and the overall value it can add for the family health. we would like to marketing strategy that would enable us to reach the population of Dubai in a faster way, and in low cost method. The “Healthy Protein Snack Foods” is one of the kind of the products, created specifically for the sports people in Dubai, to help them upkeep their health.
Gatorade has emerged as the global leader in sports nutrition beverages by continually managing their brand to signify high energy, athletic excellence combine with one of the most efficient new product development and introduced processes in the beverage industry. As a result of being able to consistently synchronize these many components of their business so well, Gatorade today holds a 75% market share in the sports nutrition market globally today. Gatorade is owned by PepsiCo, which has made it possible for the company to sell in 80 countries today. Gatorade relies heavily on the PepsiCo distribution and retail network globally. Gatorades' revolutionary approach to managing branding for beverages has served to increase the total market size for this product category globally (Huang, Sarigöllü, 2012). Despite the continued widespread adoption of Gatorade as a healthy energy drink, the company has encountered resistance to its brand and the ingredients used for creating the many variations of Gatorade energy drinks (Tallon, 2009). Despite these setbacks the Gatorade brand continues to experience exceptional growth and stability over time.
Many states today allow for the execution of those who have committed serious crimes such as murder; this is called the death penalty. In today’s society, 61 percent of individuals are in favor, and 37 percent are not in favor of the death penalty (Dugan). There are many conflicting arguments debating whether the death penalty should be banned or not. Many reasons as to why individuals believe putting people on death row is acceptable include thinking it acts as a deterrent to more crime and that it brings closure to the victim's family (“Should the Death Penalty Be Banned as a Form of Punishment?”). Everywhere one may look, there are also counter arguments throughout society and the Church. Those who are for the death