MKTG716 Assignment No. 1 Market Analysis Done by: Judione Marshall Student No.: 300782420 Done For: Professor Brian Press Due: October 2‚ 2014 Market Analysis for Hershey Chocolate Bar 1 Macro Environmental Analysis 1.1 Demographic While the number of immigrants entering Canada each year is small with 0.7% accounting for the total population of Canada in 2011; recent data suggests that the foreign born population is higher in Canada (20.6%)‚ compared to the United States (13.1%). It is
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“Rogers Chocolates” Introduction Premium Chocolates are like Imported Roses which not consider necessities for one life. People love to have or get one of those products. However‚ if there isn’t a special occasion or surplus cash‚ some people will not buy that unnecessary stuff. In Canada‚ premium chocolates were growing at 20 percent annually and the Canadian market size for Chocolates was US$ 167 million in 2006. An attractive growth from premium chocolates makes the current player like
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Chocolate is a confection made from cacao beans‚ the seeds of the cacao plant. There are a large number of products made from it on the market‚ from powdered cocoa for making drinks to white chocolate‚ and most markets carry a cross-section of confections for their customers. In addition to being available at general markets and grocery stores‚ chocolate can also be purchased from specialty companies which make luxury and distinctive confections. Making chocolate is a time consuming process. Cacao
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26038T LINDT VS. HERSHEYS “To make a comparison and contrast of two chocolate products/companies; Swiss chocolate company Lindt and American chocolate company Hershey‚ in regards to media outlets‚ community impacts and sustainability” INTRODUCTION Almost everyone around the globe loves chocolate‚ whether it is the art or the quality they focus on‚ or just the taste and the brand‚ it is one of the highest purchased of all the confectionaries. Lindt is a premium product chocolate brand and company
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ESSAY BUY CHOCOLATE ONLINE? TRY GODIVA.COM THE BUSINESS OPPORTUNITY The demand for high-quality chocolate has been increasing rapidly since the early 1990s. Several local and global companies are competing in this market. Godiva Chocolatier is well known international company based in New York whose stores can be found in hundreds of malls worldwide. The company was looking for ways to increase its sales‚ and after rejecting the use of a CD-ROM catalog‚ it had the courage to try online sales
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Why We Should Not Underestimate the Power of Chocolate Do you like chocolate? How many times do you eat chocolates in a day? Some people like to eat chocolates‚ some are even obsessed with them. Some people don’t like chocolates because those people think that they will make them fat. Some people just don’t like chocolates‚ without any clear reason. I believe that chocolate has many benefits which we can’t underestimate. Chocolate is a raw or processed food produced from the seed of the tropical
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Chocolate is made from the cacao bean. According to Rodney Lipson‚ “Cacao has been a cultivated crop for at least three thousand years‚ probably quite a bit more. The people who first utilized Cacao were the inhabitants of what is now Venezuela” (Lipson) This group of people would eventually spread the cacao bean in northwestern South America. Cacao was clearly highly valued by these people and they spread it northward through trade with their neighbors. It was probably the Maya‚ over 1500 years
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CHOCOLATE The chocolate is one of the favorite flavors that people like the most. According to a survey that I administrated which I made in order to see what it’s the flavor that everybody likes the most‚ the 59.4% of the people who responded preferred chocolate‚ while the vanilla was only preferred by the 37.5%‚ 3.1% didn’t choose any of them. Chocolate can be a healthy food. In fact‚ The University of Michigan even lists dark chocolate as one of the essential foods as a part of their “Healing
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accounts for Hershey customer’s brand loyalty? Provide examples to support your argument. The consumer decision making is what everyone uses when they purchase any product or service. It is important to know how this process works in order to stay in business. Hershey chocolates rely on brand loyalty for its consumers to consume their products. i. Good quality of the chocolate. Hershey’s is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate
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250AD – 1000AD The earliest record of chocolate consumption dates from the Classic period of the Ancient Maya of Mexico and Central America. The Maya and their ancestors made chocolate into a spicy drink (cacao paste mixed with chili peppers‚ vanilla and other ingredients) that they used in ceremonies. 14th – 16th century The Aztec‚ between the 14th and 16th centuries‚ were among those who had to trade for cacao and often required that citizens and conquered peoples pay their tribute in cacao seeds—a
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