marketing strategies that are common in the UK mass market chocolate industry by focusing on four brands: Cadbury‚ Galaxy‚ Kit Kat and Maltesers EXECUTIVE SUMMARY This report is an evaluation of the marketing strategies used in the mass-market chocolate confection industry in the United Kingdom (UK). The four brands this report studies in detail are Cadbury‚ Galaxy‚ Kit Kat‚ and Maltesers. The UK mass-marker chocolate confectionary market is the biggest in the European Union and sales are heavily
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REPORT I: Marketing Background Economic Trends: Increase in cost for manufacturing such as packaging or ingredients. Chocolate bars are thought of as impulse buys‚ which means they require no thought. This is due to how inexpensive they are. However‚ if an ingredient such as sugar was to rise drastically‚ so will the cost of the chocolate bar therefore changing the buyer’s perspective on the product class. Social‚ Demographic Trends: Although chocolate bars are thought to have been
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INTRODUCTION Kit Kat was launched in 1937. Since then‚ it has consistently been one of the best selling chocolate bars on the market and has acquired an instantly recognizable brand name and identity. In 1997‚ British sales of Kit Kat amounted to some Europe 227 million‚ which made it easily the most popular confectionery product on the market. Forty four Kit Kats are consumed every second in the UK! The UK confectionery market is worth over Europe 5 billion per annum and is highly
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MINUTES OF THE MEETING HELD ON WEDNESDAY 19 OCTOBER 2011 AT 18.30PM‚ OPEN LEARNING CENTRE (MBA RESOURCE ROOM) -BAST‚ FOURT DIMENSION AND CBS Present : Archbold Ndlovu – Chairperson; Nelisha Chitsungo; Getrude; Tendai; Sheona Pedzapasi; Regina Chefu; Nelson; Barbara Bvunzawabaya; Patience Chirisa (minuting) 1. Welcome The Chairperson welcomed all present and the meeting started promptly at 18:30hrs. The Chairperson emphasised the importance of being punctual so that there
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REPORT-Market strategies To: Nestle and Cadbury From: Abul Rahat Re: Market strategies Diversification--- diversification is when businesses create new versions of the same product for example nestle may create a kit kat ice cream and this is an example on how they will use diversification Product development—product development is when a business bring in a new product into the market an example of this would be if nestle bought in a new product into the market like a new drink(milkshake)
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analyze them in a comparative manner in terms of profitability or in terms of (a) percentage growth in sales and (b) market share position‚ to be exact. Thus it gives an opportunity of self-assessment to the organization to reassess its product positioning and thus come out with alternative solution if the original placement of the products in the market does not meet the desired level of growth. OBJECTIVES The objectives of the present study are‚ ✓ To place the various brands of Nestlé
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MARKETING Choose a product and then critically analyse its market situation and positioning‚ using relevant marketing concepts. Product Selected: Cadbury Dairy Milk (CDM) ASSUMPTIONS & LIMITATIONS ASSUMPTIONS: While analyzing the market segmentation of CDM assumptions are made for some of the segmentation variables. Model Market Segments are developed for CDM which are not the exact market segments of CDM. While preparing the Perceptual map (Price & Quality) users reviews about the
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extended its dominance in food business in India as well. However‚ a number of its brands require a repositioning. The present exercise is an attempt to analyse the position of the different brand offered by Nestle India. The aim is to assess the positioning decision of Nestle as far as its different brands are concerned while also looking for prospects that avail the Indian market. In this regard‚ the chapter titled introduction gives an insight into the objectives of the study‚ a brief explanation
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The term Sales Promotion broadly refers to all those promotional activities which are undertaken to stimulate interest‚ trial or purchase of a product by the end user or other intermediaries in between. Besides advertising and personal selling‚ all other activities undertaken to promote a product can be classified under sales promotion! | |According to the Institute of Sales Promotion‚ "Sales Promotion comprises that range of techniques used to attain sales or marketing objectives in a cost effective
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4. Brands Positioning Dairy Milk Dairy Milk target group consider people from 18 to 25 years old‚ both male and female and thus the price is accordingly kept affordable. The brand is one of the renowned chocolate brands and enjoys a good reputation Consumers trust the brand because there is certain level of quality attached to it. KitKat “Broad in appeal‚ young in feel‚ big in stature.” This quote encompasses the brand positioning of Kit Kat. Kit Kat’s target market is men and women
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