Verified Document

Snickers Target Market Target Market -- The Essay

Related Topics:

SNICKERS Target market

Target market -- the Asian-American market for Snickers

The chocolate bar 'Snickers' is an American candy icon. Snickers' combination of salty and sweet flavors is what makes the candy so desirable. "Peanuts are also a key part of a marketing pitch that touts an energy boost…It's almost like a de facto energy bar, like a PowerBar…It's a candy bar, but the peanut element is important" (Williams 2012). It is, as its advertising campaign proclaims, 'satisfying' as well as sugary. Snickers is seeking to enhance its marketing to Asian-Americans and positioning the product in distribution channels accessed by this demographic is essential.

Candy is a 'fun' purchase, rather than one which is deliberately sought out and researched like a durable good. Convenience stores, supermarkets, and other locations where people make impulse buys are the most common venues for purchasing candy, meaning that other types of distribution (such as direct mail or using salespersons directly targeting the consumer) are less valuable than retail shelf space. Snickers must craft an eye-catching presence in stores trafficked by the target market -- the need to have a presence in stores with heavy foot traffic is particularly important. Exclusive relationships with retailers when selling candy bars is very uncommon, although it is not unusual to have specific agreements with certain...

Offering key stores special promotional incentives if they showcased the product (such as discounts on merchandise) would be one way to gain traction. Marketing to luxury retailers like Costco might be one unique channel more exclusive to the more affluent, highly-educated target market although buying candy in 'bulk' is a relatively rare event. Other possible retail channels might be partnering with ice cream or fast food stores popular amongst the demographic like the yogurt chain Pink Berry, to create exclusive Snickers-trademark 'sundae' flavors.
Food companies often seek to emphasize flavor profiles as well as buying habits characteristic of the demographic when positioning the product. Kit-Kat has been extremely effective in doing so with its release of limited edition flavors. When marketing in Japan itself, Nestle had a great deal of success introducing new Kit-Kat flavors like "wasabi and green tea" (How did Kit-Kat become the king of candy in Japan, 2012, Eatocracy). In Asia, the salty-sweet combination is less popular than it is than the United States; hence the need for a different flavor profile than what is commonly sold in American…

Sources used in this document:
References

Asian-American consumer base. (2013). Nielson. Retrieved:

http://www.nielsen.com/us/en/newswire/2012/asian-american-consumers-base-has-tremendous-buying-power-still-growing.html

Britt, Bruce. (2012). Marketing to Asian-Americans. Deliver Magazine.

Retrieved: https://delivermagazine.com/2012/08/marketing-to-asian-americans/
http://www.marketplace.org/topics/business/why-snickers-poised-rule-candy-world
http://eatocracy.cnn.com/2012/02/02/how-did-kit-kat-became-king-of-candy-in-japan/
Cite this Document:
Copy Bibliography Citation

Related Documents

Target Markets Proposal to Identify
Words: 1135 Length: 4 Document Type: Research Paper

b. Persona assignment variables i. Pleasures vs. productivity index -- how much each subsegment of the Young and Wireless spent time on their wireless devices for pleasure vs. For work. ii. Key Criterion of Pleasure vs. Productivity use of the proposed tablet PC c. Ergonomic and Change Management Variables i. What are the switching costs from existing electronics products to the build-to-order tablet PC? ii. How is this defined by demographics, income levels, self-concept segmentation? d.

Target Market Young Women
Words: 836 Length: 2 Document Type: Research Paper

Target Market Research In terms of demographics, the target market consists of females, aged 18-25. These females typically live in urban areas, or aspire to do so in the future. They are middle class, able to afford clothing upwards of $150 per item. Some of the lower-end accessories that go for $15-20 will skew slightly lower on the income scale. This is deliberate -- the lower end items are aspirational in

Target Market Segmentation and Evaluation
Words: 540 Length: 2 Document Type: Essay

b) Cameras. Behaviorlistic (desired benefits) is an important segmentation variable for cameras because these products have many different features and it's important to understand what the consumer really wants from the camera. Along with desired benefits, demographic segmentation (income) would be very useful to understand what the consumer can actually afford and the consumer's price sensitivity. c) Magazines. Because magazines focus on so many different topics, e.g. business, beauty, sports, travel,

Target Market Will Need a Number of
Words: 951 Length: 3 Document Type: Essay

target market will need a number of critical pieces of information. Some of this information will be fundamental, such as the name and address of the business, and possibly the hours, phone number, URL and email address as well. Additional information that the audience will need is about the nature of the store (what it sells) and the nature of the product (handmade, local). There will be some personal selling

Target Market and Apple
Words: 1030 Length: 3 Document Type: Essay

Marketing The demographics of Apple's target market are generally educated and well-employed, because their products are priced at a premium. Usually between 20-40 years of age, with a degree or a student working towards a degree. The target market is typically a professional, working in an office. The target market is more often urban, or possibly in a wealthier suburb. The Macbook Pro-is a high end computer and there are many

Target Market Marketing Plan
Words: 1051 Length: 4 Document Type: Marketing Plan

6Marketing PlanTarget MarketFresh Dog Treats\\\' target market comprises people between the ages of 38 to 55 years. These individuals must have management jobs ranked in the mid-upper level and have an income of $95 000 and more. The group has to have a health-conscious and active mindset when it comes to caring for dogs. They should relate the dogs to children since the only difference is that they have furs,

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now