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Table of contents 1 Market Background………………………………………………………………..…….3 1.1 Market for Health and Fitness product category…………………………………….3 1.2 The customer (market) needs and/or wants that are to be satisfied………………….3 1.3 History of Health and Fitness Industry (U.S. and worldwide)...…………………….4
2 Business external (macro) environmental factors……….………………………….…..5
3 The marketing aspects for Men’s Health…………………………….……………….....6 3.1 Quality, core, actual and augmented aspects of the brand…………………………..6 3.2 Branding of the Product……………………………………………………………..6 3.3 Packaging and labelling………………………………………………………….…..7 3.4 Price of brand, price strategy and comparison with Men’s Fitness………………….7
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In the competitive climate that marked the Cold War, these startling statistics launched a new campaign among U.S. political leaders to promote health and fitness among the nation’s youth.
The 1960’s and Beyond and Today
President John F. Kennedy was a major proponent of fitness and its health-related benefits for Americans of all ages. Kennedy prompted the federal government to become more involved in national fitness promotion and started pilot youth fitness programs. There was more focus on disease prevention with necessity of providing science that studies the patterns, causes, and effects of health and disease conditions in defined populations to support the benefits of regular exercise and health.
Today, Worldwide people, governments, and scientists still try to improve and learn more about health and fitness and is now become really popular and a priority for everyone with many organisations all over the globe base their business around health and fitness. At the moment Obesity is a major a problem globally and is massively promoted this for the health and well-being of
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3.5 How it is promoted
It is promoted with its magazine cover, which is made to look appealing to the consumer with usually a man with a fit body and main topics and inclusions in the magazine that would interest them to becoming like that and knowing more for their own health benefits. They are not really promoted through the mass media other than some advertising through social media and their own website. They have not aired any T.V advertising at the moment. The Magazine is also placed with the Sport and active Magazine’s in the store which helps to promote its self to active
Instead of trying to persuade customers to buy what the LA Fitness has already produced, the marketing department has decided to produce a product for families not just individuals. The corporation has decided to do this through research. Consumer needs and wants became the firm's primary focus. This consumer-orientated marke...
Marketing is not just about selling and advertising products and services. In general, marketing is associated with identifying the particular wants and needs of a target market of customers, and then working to satisfy those customers better than the competition. This involves doing market research on customers, analyzing their needs, and then making strategic decisions about product design, pricing, promotion and distribution or place (Bethel, 2007). Understanding ways to identify the target market is crucial in developing market strategy. This paper is intended to define target marketing and examine a market analysis of Stacy's Pita Chip Company.
With the rise of baby boomers as a significant proportion of the dieting population, they crave new ways to manage their weight, allowing Weight Watchers to be successful within their target market. As obesity rates are increasing, the use of weight loss products and services are more acceptable than prior generation hesitations. New entrants should expect high barriers of entry and difficulty accessing distribution channels as it is extremely difficult for new product to enter an industry with sharp retaliation from established competitors such as weight management. The bargaining power of buyers is relatively high.
Healthy People 2020. (2013, 11 13). Global Health . Retrieved 4 22, 2014, from Healthy People 2020: http://www.healthypeople.gov/2020/topicsobjectives2020/overview.aspx?topicid=16
Wardlaw, G.M. and Smith. Contemporary Nutrition: Issues and Insights. 5th Edition. Boston: McGraw-Hill, pp 85, 2004.
According to the Healthy People Database, in 2010 the aging population was estimated at 40 million, this number is expected rise to nearly 70 million by the year 2030 (National Center for Health Statistics, 2000). At the forefront of health concerns for this aging population will be the intervention, management and treatment of chronic diseases. This increase in both this specific population as well as the required medical care will place a significant amount of stress on an already distressed healthcare system, which in turn will affect the availability of recourses and costs. Including patients in their self care with strategic health promotion such as encouragement and education geared towards specific socioeconomic groups will be more cost effective and beneficial in the management of chronic disease. Studies indicate that patients involved in self management of disease processes often have better patient outcomes.
CDC – Obesity and Overweight. Centers for Disease Control and Prevention (CDC), 21 June 2010. Web. 26 July 2010. < http://www.cdc.gov/obesity/>.
Black, Tamara. 2008. Exercise and Fitness in a U.S. Commercial Gym.Ann Arbor, Mich.: University Microfilms International.
Zeratsky, Katherine. "Diseases and Conditions." Normal Weight Obesity: A Hidden Health Risk? N.p., 5 Aug. 2011. Web. 26 Feb. 2014.
Draper, Dr. Mark. How Diet has Changed of 70 Years. 1 June 2001. 21 April 2014 .
Whitney, E., Debruyne, L. K., Pinna, K., & Rolfes, S. R. (2011). Nutrition for health and health
"How Much Physical Activity Do Adults Need?" Centers for Disease Control and Prevention. Centers for Disease Control and Prevention, 01 Dec. 2011. Web. 11 Nov. 2013.
Center for Disease control and Prevention. (2014, July 7). Nutrition. Retrieved from Center for Disease Control and Prevention: http://www.bam.gov/sub_foodnutrition/index.html
The target market will be specifically made up of males and females ranging in ages from 18- 45. This segment was selected as many people younger than this age are still having their meals selected for them whereas those who are older than this bracket are seeking a healthier and more holistic lifestyle. For secondary target markets healthier products should be provided as well as products for children
Obesity occurs in all countries and it is one of the gravest problems in modern society. Obesity problems have become one matter of concern for individuals all around the world. What is more is that Obesity rates continue to rise all around the world. One of the chief causes is unhealthy diets. Obesity is also due to lack of exercise and lack of education and awareness. Therefore obesity has various effects including the risk of suffering from a range of health conditions, increased expenditure on health care and lack of self-esteem.