09/08/2011 SITUATION ANALYSIS/ TARGET MARKET IDENTIFICATION Curtin College Ms. Desiree Jones Trimester 2‚ 2011 Situation Analysis/ Target Market Identification SITUATION ANALYSIS/ TARGET MARKET IDENTIFICATION 1.0 Situation Analysis/ Current marketing Mix 1.1 Current Product A rnott‟s Tiny Teddy is a brand of sweet biscuits which has children aged between 3 – 7 years old as a primary focus market (Ryan 2002). Each biscuit is small in size and formed as a tiny bear which kids
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Contents 1.0 Executive Summary 2.0 Situation Analysis 2.1 Market Summary 2.1.1 Market Demographics 2.1.2 Market Needs 2.1.3 Market Trends 2.1.4 Market Growth 2.2 SWOT Analysis 2.2.1 Strengths 2.2.2 Weaknesses 2.2.3 Opportunities 2.2.4 Threats 2.3 Competition 2.4 Products Offered 2.5 Keys to success 2.6 Critical Issues 3.0 Marketing Strategy 3.1 Mission 3.2 Marketing Objectives 3.3 Financial Objectives 3.4 Target Markets 3.5 Positioning 3.6 Strategies 3.7 Marketing Mix 3.8 Marketing
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fast-food near. The Six steps in the Strategic planning of a company includes: • Situation Analysis • Objectives • Identification of consumers • Overall strategy • Specific activities • Control. Kentucky Fried Chicken (KFC) is the fast food company that would be used to further explain the six steps of strategic planning. Situation Analysis: Is the tools used to evaluate and understand the opportunities and threats that a company may face from new companies entering
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strategy. Each P is interrelated to all other P’s Marketing Success = desirable product + acceptable price + effective promotion + right place These four P’s of marketing mix are a very important part of every business in attracting and keeping target markets satisfied where: • A good product is the key to marketing success. While all other elements of marketing mix must work together for the overall success of a company‚ the product is essential for the marketing mix to be able to be used. • The
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INTRODUCTION KFC Corporation‚ based in Louisville‚ Kentucky‚ is the world’s most popular chicken restaurant chain‚ specializing in Original Recipe®‚ Extra Crispy®‚ Kentucky Grilled Chicken™ and Original Recipe Strips with home-style sides‚ Honey BBQ Wings‚ and freshly made chicken sandwiches. Every day‚ more than 12 million customers are served at KFC restaurants in 109 countries and territories around the world. KFC operates more than 5‚200 restaurants in the United
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KFC STRATEGIC MANAGEMENT NAME : IMANUDDIN BIN MOHAMAD I/C NO : 920915-03-5845 INTRODUCTION KFC is the among the best-established brands restaurants in the Western Quick Service Restaurants market. It is by far the most popular restaurant chain in Malaysia‚ with over about 620 KFC restaurants in Malaysia‚ Brunei‚ Singapore‚ Cambodia and India. KFC sees millions of people flocking to its various outlets years in‚ year out. KFC HISTORY * KFC began with Colonel Harland Sanders. He
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“Teaching the Vietnam War makes one realize how the shape of a narrative determines‚ and is determined by‚ its content”. The Vietnam War was one of America’s most controversial wars. Many of its aspects are still plagued with great uncertainty. Those aspects of the Vietnam War are argued and debated about‚ they were argued during the time of the war and the arguing has continued. The Vietnam War was indeed a time of confusion. Why did the war start? What was the United States’ real reason for getting
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C U LT U R E Vietnam is a mainly Mahayana GEOGRAPHY Buddhist country‚ although other TRAVE L IN VIE TNAM religions are among Confucianism and Taoism. The official and sole language of Vietnam is Vietnamese. Curabitur leo Culture of Vietnam is based on harmony‚ family‚ and humanity. the Maecenas food is a blend of Chinese and Thai and is considered one of the healthiest foods in the world because of it’s fresh ingredients. Vietnamese money is called dong‚ and soccer is one of the most popular
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The Leading Distributor of Market Research Reports‚ MarketReportsStore.com publishes Timetric’s report on “Reinsurance in Vietnam‚ Key Trends and Opportunities to 2017”. Synopsis The report provides in depth market analysis‚ information and insights into the Vietnamese reinsurance segment‚ including: • The Vietnamese reinsurance segment’s growth prospects by reinsurance categories • Key trends and drivers for the reinsurance segment • The Vietnamese reinsurance segment’s growth prospects by
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KFC Marketing Activity Report 1. Target market: KFC targets upper and middle classes. Typical customers are adults ages 25-54 who are in occupations ranging from white collar office jobs to blue collar construction jobs. The biggest part of their customer base makes between $50‚000 and $60‚000 dollars a year and are married with children. 2. Positioning: For a product to occupy a clear‚ distinctive and desirable place relative to “Competing products in the minds of target consumer.” In KFC feedback
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