Wednesday, May 20, 2020
Marketing Plan of Biscuit - 2883 Words
ASIAN FOODS LTD. MARKETING PLAN FAT-FREE BITE BISCUITS Haseeb Ghaffar Waleed Iqbal 12/23/2010 INTRODUCTION: Marketing Plan: - Marketing plan is the central instrument for directing and coordinating the marketing efforts. The marketing plan operates at two levels: Strategic marketing plan: - This plan lays out the target markets and the values propositions the firm will offer, based on an analysis of the best market opportunities. Tactical marketing plan: -â⬠¦show more contentâ⬠¦We want to bring our products to the customer in supermarkets. This allows the customers to try our product before buying it and feel positive about our product. Current and Prospective Target Market: The current target market for the original BITE is children. The original BITE biscuits have previously focused on and promoted the new colors for the crà ¨me filling, which would generate new interest amongst children, who would in turn convince their parents to buy the new biscuit. We have created an entirely new target market for our Fat Free BITE. Our marketing communications will be primarily directed toward women ages 18-45 that are health conscious, yet still enjoy consuming sweets. The target market lives in the urban part of the city and resides in the middle to upper middle income range. Our target audience enjoys recreational activities for exercise, such as swimming, biking, jogging, or power walking. The psychographics of our target audience are the desire to be healthy and fit, yet have a difficult time eliminating those sweet indulgences they crave and desire. They probably have a pattern for low self control and/or self discipline in regards to what foods they consum e. The target market will purchase our new product for themselves and possibly their spouses. As a result of the increasing problem of obesity amongst children, we have made our children our secondary target market. We will be focusingShow MoreRelatedParle G993 Words à |à 4 Pagesdevelopment of a leading Indian biscuit manufacturer, called Parle Products Pvt. Ltd. Company overview The company was found in 1929 as a candy manufacturer and started producing biscuits in 1939. At this time only few processed and ready-to-eat food items were available. Parle G are glucose biscuits and the companyââ¬â¢s flag brand. It became the largest selling biscuit brand by volume in 2002. The company was using a mass market strategy which is why the price of the Parle G biscuits has maintained 1$ perRead MoreMarket Potential1708 Words à |à 7 Pagesvariety of biscuits, wafers, cracers and cookies type. In Malaysia, the headquarters succesfully established at Johor, around 1991. The Munchyââ¬â¢s term was derived from the Mandarin term ââ¬Å"Mai Oiâ⬠.â⬠Maiâ⬠which means flour or wheat and ââ¬Å"Oiâ⬠that refers to the magical quality found in itââ¬â¢s delicious wafer.Nowadays, the brands distributed all over country including Asia Pacific, Europe, Middle East, Africa, North America and Latin America to expand the networking branched. The main marketing objectivesRead MoreBusiness Analysis : The Biscuit Industry1259 Words à |à 6 Pages*Briefing Paper To: Mr. Date: Subject: Background: Crackers, cookies and wafers are the 3 main fast moving products in the biscuit industry. Munchee is the main competitor, and also the market leader with a market share of 47%. Malibanââ¬â¢s market share of 33% has given a main threat to Munchee over the past couple of years. This analysis is a competitive landscape analysis and then identifies the future recommendation that needs to be done. 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