Market segmentation case study, Marketing Management

Assignment Help:

In the early 90's M&M added peanut butter and almond varieties, blue was introduced in '95 and green in '97, Crispy M&M's made their debut in 1999 and Minis Mega Tubes in 2000. Now there are Mega M&M's. Not only are they physically bigger - 55 percent larger in size - but they also coming in more sophisticated colors that are designed to appeal to adults. Red will be replaced with maroon, the blue will now be blue/gray, and turquoise will replace green. Advertising for this new M&M's variety retains the humorous flavor of other current M&M's ads, but with more of an adult edge. Not all M&M's products have succeeded. For example, as of this writing, you would probably have a difficult time finding Crispy M&M's in your local supermarket, drug store, or mass merchandiser. And Minis only account for about $24 million of the brand's more than $500 million in annual sales.

Do you think that it was a good segmentation strategy for M&M's to develop a new version targeting adults?

Note from Student: Please, help me. I have a professor that had an issue with me in the beginning of my semester. It was a big issue that the Dean had to be involved. I am straight A student and no matter what I submit he keeps me on D+ grade. I have never in my life had B grade and he immediately put my grade down. I am trying different ways so he can no longer penalize me. The paper has to be in APA. Thank you so much!!


Related Discussions:- Market segmentation case study

Illustrations - element of print-ad-copy, Q. Illustrations - element of pri...

Q. Illustrations - element of print-ad-copy? Illustrations:- It is the optical elements of print-ad-copy. It perhaps in the form of attractive photo of the cartoons, pictures

Jumpin jack flash (Case from Management Study ), Do you think Jack is equi...

Do you think Jack is equipped with the managerial skills needed to head up a team that develops strategies for adapting existing company products into new products for sales

Product mix, P r o du c t Mix: A product mix is the set of all ...

P r o du c t Mix: A product mix is the set of all products and items a specific seller offers for sale. A product mix consists of several product lines. A company's pro

Curves Family Envelope, A curve which touches each member of a family of cu...

A curve which touches each member of a family of curves and which is touched at each point by some member of the family is called the envelope of the family of curves. Example: Co

Marketing, Assess the conceptual framework of market orientation that is pr...

Assess the conceptual framework of market orientation that is presented in the article. Account for the five recently advanced perspectives on market orientation that are integrate

Market segmantation, what are the reasons for market segmentation and its a...

what are the reasons for market segmentation and its advantages

Explain marginal approach to ad-budget, Marginal Approach to Ad-budget: - ...

Marginal Approach to Ad-budget: - In this schema advertisement budget is decided on the basis of marginal costs and marginal revenue of advertising. Marginal cost here signifies i

Companys marketing audit process, Question 1: You are a marketing assi...

Question 1: You are a marketing assistant for a manufacturer of a branded range of household cleaning products: (a) Describe key factors that could be taken into account wh

Implication for marketing discipline, Question 1: (a) Describe the mai...

Question 1: (a) Describe the main stages in the buying decision process that customers typically go through, and explain the relevance of this process to a company marketing

Block box, consumer mind is a block box

consumer mind is a block box

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