Professional Documents
Culture Documents
Project
Project
Date:
01/07/2021
Bibliography or References:
Links:
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Introduction
Now giving development to the country of Mexico, introducing the product from
will be located in certain exclusive areas, since this will be our market. In addition,
this product will be exclusive, since it will have a price according to the average
salary of the upper-middle class, and that not any market will be able to acquire.
product, since the language, customs, and market is different, that is why in Mexico
According to your promotion, it will be different, since in Mexico, there are too
many "Billboards" that are in the different main avenues of the city, and due to the
traffic and the long distances that this causes, it would be one of the promotions,
since spending some time in the car, you look around to see what you can find new.
In addition, you will have advertising 24 hours a day, 7 days a week, and you save a
little more, since it is more economical. Because it is so large, it captures the visual
field of passers-by, attracting the attention of thousands of people who can become
potential customers.
An important and fundamental part that was also changed was the logo, it was
adapted to the country, putting flashy colors, but elegant at the same time, and also
added a Mexican touch, since in Mexico one of the best-known traditions, is the
Demographic:
Medium class families especially the ones that have at least 1 child, around
the age of 25-50 years old, has an income of $70,000 Canadian dollars by year.
Psychographic:
Behavioral:
• Eats breakfast
• Cooks breakfast
Geographic:
Product
Name:
The name of the product is The Real Maple Syrup in English, and Le Vrai
The reason why this name was chosen is because the main characteristic of
the product is that it is 100% maple syrup, so by the word “Real” the consumers
understand that the syrup is of an original flavor and pure. Also, it resembles the
royalty that in Canada is still present. Another reason for the name is because one
competitor’s brand name is President’s Choice, so by choosing “The Real” it’s like
Logo:
This is the logo for the product, which really accentuates the royal aspect of
the name.
Product Description:
This is a 100% maple syrup made in Canada, the taste is pure and the
container is made up of glass to keep the syrup fresh and uncontaminated. The
The number one reason we chose to make a maple syrup is because the large
production of this asset in Canada, is one of its specialties due to the great amount
of maple trees that exist in that region. Another reason is that Canada exports a lot
Price
1,085,585.67 MXN.
The province of Quebec in Canada is the one that produces the largest maple syrup
on the planet.
Although the maple tree (maple) can be found almost everywhere in the world, the
production of honey is exclusive to the Eastern region of North America; The world
production of this product comes exclusively from this region. In fact, the region is
known as the "Maple Belt." The area is the only one in the world that receives the
reveal its sweet secrets. Extremely cold nights (below 0°C) immediately followed by
hot days (above 0°C) are required for tree sap to flow.
There are a variety of maple trees, but the best known are the red maple and the
rock (or sugar) maple. A mature maple produces about 40 liters of sap during the 4
A mature maple tree sheds an average of 1/2 acre of foliage each summer. Getting
the maples are around 80-150 CAD, and within the land there would be
approximately 560 maple trees, and on average they would produce 22,400 Lt.
As for the packaging, a package of glass jars, wholesale 10,000 pieces, is priced at
Your label would have the price, per piece of .65 CAD.
Adding all this, per piece the production would cost $6.65.
For a middle-class family, it will be affordable to buy honey syrup at $17.20 CAD
for 420 ml. since on average they earn $19 CAD per hour.
Place
The research of the main places where maple syrup is sold are in the
supermarkets.
There are many chains of supermarkets in Canada that sales this product, because
of how famous this ingredient is the customers can find it very easy but the sale of
• Costco
• Walmart
supermarkets in Canada)
• Metro Inc.
With them we can make our product known, create the need for it in the market,
and even achieve a good positioning of our brand. Therefore, if we want to sell our
syrup, it is very important that we are clear about which promotion strategies are
best for our business, since it is a key action for us to achieve success.
is currently one of the most used social networks in the world and influencers on
these social networks attract a lot of people to use the products they use because
The main benefits of using influencer marketing techniques in our campaigns are
the following:
or services.
types of mobile applications most used by Canadians. Facebook is the most used by
them. As we all know, it is important to know our audience in order to plan our
social media strategy and messaging. Facebook has a very wide advertising
interface, in which we will have all kinds of options to promote our content or
competition.
Competitors.
Price: $32.27
100% Pure
Old Fashioned Maple Crest.
Price: $13.47
quality syrups.
1 liter
Demographic:
Medium high-class families especially the ones that have at least 1 child,
around the age of 25-50 years old, they have a monthly income of around $77,000
Mexican pesos.
Psychographic:
Behavioral:
• Eats breakfast
• Cooks breakfast
• Eats healthy
Mexico, especially the zones where the income is higher than the average for
example San Pedro Garza García, this area is known for having a high purchasing
power.
Product
Name:
The name of the product is The Real Maple Syrup in English, and Le Vrai
The reason why this name was chosen is because the main characteristic of
the product is that it is 100% maple syrup, so by the word “Real” the consumers
understand that the syrup is of an original flavor and pure. Also, it resembles the
royalty that in Canada is still present. Another reason for the name is because one
competitor’s brand name is President’s Choice, so by choosing “The Real” it’s like
This is the logo for the product, it changed a little bit because now the
Product Description:
This is a 100% maple syrup made in Canada, the taste is pure and the
container is made up of glass to keep the syrup fresh and uncontaminated. The
The adapted name of the product in Mexico is “La Real”, which is a short
version and also a translation of the original name “The Real Maple Syrup”. The
reason why the name changed is because in Mexico English names are not very
common and also there could be people that don’t understand the name, therefore
Price
The salary in the country for 2022 goes to $172.87 per day, however, it should be
noted that the minimum wage in the northern border of Mexico is different. In
what is known as the Border Free Zone, employees will earn up to $260.34 pesos
per day. Therefore, they will earn $7,914 pesos per month.
● Sonora (Naco, Agua Prieta, San Luis Río Colorado, Caborca, Altar, Sáric,
Nogales, Santa Cruz, Cananea, Puerto Peñasco and General Plutarco Elías Calles).
With this, it would be impossible for a family to afford to buy a maple syrup at the
price that is set, that is why we have decided that our market will be the upper-
middle class, having an average salary of 77,975 MXN per month, which will be
easily accessible.
Researching markets such as Walmart, La Comer and HEB, maple syrups are
around $150-$220 MXN, so our product will be at $179 for a 320 ml presentation.
Place
These are the main supermarkets where the product will be on sale. The stores are
the most used by Mexicans to buy all kind of products but in a higher price, those
supermarkets used to sell products with great quality which increase the prices of
each item.
● Chedraui Selecto
food areas, wine cellar, import products, selection of live marine species in
pond and
luxury ingredients.
● Walmart
customers: from those looking for low prices to those looking for specific
products.
● La Comer
Promotion
In Mexico, the brands used to promote their products in big signs that shows
related to the product to cap the attention of the people. So, to promote the
● Tik-Tok promotion
Here in Mexico, many people produce recipes of food and have a lot of
promote the maple syrup, they can use their own way to promote it.
● Television commercials
Mexicans still watch television; the promotion can be with commercials that
give to the viewers information about the maple syrup. This allows to get to
that market.
Competitors
Karo
250 ML
Karo Maple will be the perfect ally for your mornings. Its
● Important features
● perfect consistency
● Sweeten drinks
Pronto
Price: $19.90
250 ML
Important features
● Delicious taste
● Excellent consistency
Conclusion
due to different factors, whether cultural, social or language. That is why when
developing this product initially in Canada we saw a great sales opportunity since it
is a very popular product in the country, when exporting this product to Mexico it
was necessary to make adaptations for example to the name, logo, market, etc. in
order to have more reach as a brand and also that Mexicans accept the product and
do not reject it for being something that is not aligned with their culture.
Hence the importance of what this project exposes by adapting a brand and a
product that is the same in both countries but that requires changes to be able to
grow as a company.
Market research was also developed to be able to make the product enter a
different market from the one of origin and that it has successful sales within the
The product that in this case is a maple syrup has the potential to be a product that
will be preferred instead of competing brands, since the advantage of this product
is that it is 100% pure maple syrup, because the competition only sells corn syrup
with maple flavor, that is, it is not 100% pure only contains the flavor.
Finally, this project allowed us to develop the skills to identify a market and how to