This document discusses a market analysis and recommendations for a new naturally sweetened flavored milk product.
Primary target markets are suggested as: a) urban kids and parents due to appeal of natural sweetness and fruit flavors for kids, and health concerns of parents, b) working professionals seeking a healthy lifestyle change. Secondary targets include rural markets with lower incomes but larger populations.
Distribution is recommended through grocery stores and supermarkets in major cities, and retailers in smaller cities, while extensive marketing on social media, TV, and YouTube should introduce the new product. Positioning the product at a premium price point of 25-30 rupees aims to attract middle to upper class customers and build a larger customer base. Maint
This document discusses a market analysis and recommendations for a new naturally sweetened flavored milk product.
Primary target markets are suggested as: a) urban kids and parents due to appeal of natural sweetness and fruit flavors for kids, and health concerns of parents, b) working professionals seeking a healthy lifestyle change. Secondary targets include rural markets with lower incomes but larger populations.
Distribution is recommended through grocery stores and supermarkets in major cities, and retailers in smaller cities, while extensive marketing on social media, TV, and YouTube should introduce the new product. Positioning the product at a premium price point of 25-30 rupees aims to attract middle to upper class customers and build a larger customer base. Maint
This document discusses a market analysis and recommendations for a new naturally sweetened flavored milk product.
Primary target markets are suggested as: a) urban kids and parents due to appeal of natural sweetness and fruit flavors for kids, and health concerns of parents, b) working professionals seeking a healthy lifestyle change. Secondary targets include rural markets with lower incomes but larger populations.
Distribution is recommended through grocery stores and supermarkets in major cities, and retailers in smaller cities, while extensive marketing on social media, TV, and YouTube should introduce the new product. Positioning the product at a premium price point of 25-30 rupees aims to attract middle to upper class customers and build a larger customer base. Maint
adults like – AMUL, VERKA etc all parts b)Existing c)Taste of the market (health Small conscious) (regional) d)Natura country Secondary Cooperatives- places with saras(rajasth l product regular demand an), sanchi like – College (MP) etc Messes, Round 1 Questions ■ Target market – The target customer market should be :- Primary Market – a) Urban kids – as kids don't like to drink raw unflavoured milk, and Indian parents are very keen on child’s consumption, this naturally sweetened flavored milk can become product of daily consumption and company moreover city parents have more disposable income and can easily buy the products
b) Working Professionals – As the hectic lifestyle of professionals devoid
them from healthy living, this natural product can target these people as a change to healthy lifestyle, have high disposable income ■ Secondary – the company should try to capture the rural market also, where people have low disposable income but forms the major part of the population. Sales channel – As the target market is mainly urban the company should try to Distribute the product through Grocery stores and Supermarts in tier1 cities and should sell through retailers(kirana shops) in tier 2 and 3 cities
Advertisement – As it is a new product extensive marketing
should be done through social media, TV and YouTube. --------------------------------------------------------------------------------------------- ---------------------------------------- Position – Premium product targeting middle to upper class (25- 30 rs/unit) as it will help in getting bigger customer base. USP – Naturally Sweetened Milk with no sugar and Fruity Taste(healthy) Problems - Shelf Life as we will like to build on natural product, rivals can play on preservatives added to increase shelf life. So can effect brand image Solution – a) either find a natural preservative