Market segmentation and key competitors, Marketing Management

Assignment Help:

Schovasice cream market can be broken down into basics of flavor, stock keeping unit, consumer segmentation, gender, ethnicity, income. The largest ice cream consumer group is people between the ages of 3 to 55.

Basics of flavors: vanilla, chocolate strawberry altogether have been a good sale in the ice cream market mango lemon coconut and other fruit flavors

Stock keeping unit: cones, cups, take away

Consumer segmentation impulse segment, parlor, retail and consumer who would like to eat fat free ice cream

Gender: likely, more women eat ice cream then men in the world, because more women are in the planet.

Behavioral: the consumption of ice cream is greater in the Kuala Lumpurthan its peninsula, it can be due to the easy access to ice cream parlors, and therefore people eat more ice cream in the city.

Income: Schovasice cream is affordable for low income people and the rest of the society.

Geographical region: Kuala Lumpur city center.

Key competitors

Schovasice cream is located in the city center whereby thousands of people and tourists come to visit every day. it offers a wide range of healthy topping and flavor and its first introduce recipe which is the spicy ice cream although vanilla flavor is the best sale, the delicious taste of the spicy ice cream will definitely lead the completion. Schovasice cream only focus on healthyconcept as being part of community organization, the purpose is to fight obesity in the us to have a healthy nation for the next generation.

The weather in the city is a competitive advantage, most of the time the weather is hot,, which increase the percentage of ice cream impulsive purchase.


Related Discussions:- Market segmentation and key competitors

Subjective method for measuring advertising effectiveness, Q. Subjective me...

Q. Subjective method for measuring advertising Effectiveness? Subjective method for measuring advertising Effectiveness: - There are a variety of methods given by different e

Introduction to market segmentation, Market segmentation Concept and d...

Market segmentation Concept and definition: the concept of the market segment is based on the fact that the markets of the commodities are not homogenous but they are heterog

Find market-clearing price and competitive allocation, 1. Consider an econo...

1. Consider an economy in which George and Harriet consume only ale and bread. Georgeís utility function is UG = aG(bG 1) where aG and bG are his consumption of ale and bread

How you will determine the target market, Q. How you will determine the tar...

Q. How you will determine the target market? Creating novel, unique and selling ideas is known as creativity in advertisement. Advertising inventiveness is an art it is the abi

Statistics, 10% of inhabitants of a town are known to be suffering from a d...

10% of inhabitants of a town are known to be suffering from a disease. find the probability that in a random sample of 12 people from the town a. none will suffer from the disease

What is pricing in functions of marketing, What is pricing in functions fac...

What is pricing in functions facilitating exchange? Pricing: Determination of price of a product is a significant function of marketing manager. Product’s price is influen

Cyclical or stable earnings, When founded, when listed • Major lines of bus...

When founded, when listed • Major lines of business • Market share • Ranking within industry (e.g., largest of four companies...) • Exports • Major institutional owners (if any), p

What are the different types of advertisement, What are the different types...

What are the different types of advertisement? Nature of Advertisement: Various types of advertisement are given below: a) Informative advertisement b) Persuasive a

Characteristics of competitive product in growth stage, What are the charac...

What are the characteristics of competitive product in Growth Stage? Competitive product, launched through more powerful type, can enter the market into Growth Stage. Several c

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd