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Importance of packaging towards customers
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Although the Ferrero Group has been successful in reinventing the Tic Tac to meet customer needs and remaining a top competitor amongst breath mints, it is necessary for Tic Tac to reinvent itself again to remain relevant in the breath mint market. As the case study explains, the Tic Tac has been revamped in multiple ways. It started in 1969 by giving the Tic Tac a catchy jingle that caught customers' attention. In the 1970s it introduced cinnamon flavored and tangerine flavored mints to give customers more variety. In the 1980s it remained relevant by latching on to the health craze and started to advertise the Tic Tac as the "1 and a 1/2 Calorie Breath Mint." It continued to offer more flavors to customers by introducing spearmint and wintergreen. In the early 2000s Tic Tac offered even more flavors by creating Tic Tac Bold which offered mixed fruit flavors. Most importantly, the Ferrero group gave Tic Tac its iconic flip-top packaging. Tic Tac's tactics of constantly reinventing itself over the past several decades allowed it to become the king of breath mints in the United States. Tic Tac was not able to enjoy their …show more content…
Due to all the risks associated with this type of test marketing, the Ferrero Group can use simulated test marketing to evaluate new Tic Tac packaging. Simulated test marketing involves consumers at shopping centers. The consumers at shopping centers are asked to view an advertisement for a new product and are given a free sample to take home. After viewing the product, consumers are interviewed over the phone or over the internet. If Tic Tac uses simulated test marketing they will be able to evaluate the effects of the packaging at greater speeds and lower costs than normal test marketing. Test marketing and simulated test marketing are two ways the Ferrero Group can test the new Tic Tac
We have to know the methods that the marketers use to attract us, and also the factors that make us very confident when buying a specific food product .The article by kim severson “Be It Ever So Homespun, There’s Nothing Like Spin,” Discusses the food packaging issues which I believe are strong ways in misleading people. At the begging of this article, Severson writes about her experience with food and our confusing attraction to the products by their packaging. The part when Severson writes “Something made me uneasy when I dropped a box of organic koala crisp cereal in my shopping cart.” When we think about it, why was it
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.
In particular, promotions should target consumer who use paper-products and foams. Leveraging the company's highly trained sales personnel, relative benefits and long-term cost savings afforded by superior bubble product should be stressed. Additional promotional efforts should include direct mailings to potential clients in the US and Europe. Importantly, all promotional efforts must target packaging engineers.
Gaspare Traversi created his oil on canvas painting, Quarrel over a Board Game, in 1752. As the title states, the painting’s focus is on two gentlemen quarreling over a game of what appears to be checkers. This painting is currently being exhibited at the Wadsworth Atheneum in Hartford, CT. The painting is not large. It is 4 by 5 ft. in a gold patterned frame. The painting is placed on a wall in a brightly lighted room at a viewer’s eye level.
The simulation marketing game helped me develop a great solid knowledge and skills on how to define the target market. The Various target markets have different demographic, psychographic characteristics, products use demands, price sensitivity and other preferences. Knowing different characteristics that differentiate the market segments was helpful in choosing the right target market.
The soft drink industry in the United States is a highly profitably, but competitive market. In 2000 alone, consumers on average drank 53 gallons of soft drinks per person a year. There are three major companies that hold the majority of sales in the carbonated soft drink industry in the United States. They are the Coca Cola Company with 44.1% market share, followed by The Pepsi-Cola Company with 31.4% market share, and Dr. Pepper/Seven Up, Inc. with 14.7% market share. Each company respectively has numerous brands that it sales. These top brands account for almost 73% of soft drink sales in the United States. Dr. Pepper/Seven Up, Inc. owns two of the top ten brands sold. Colas are the dominant flavor in the U.S carbonated soft drink industry; however, popularity for flavored soft drinks has grown in recent years. The changing demographics of the U.S population have been an important factor in the growing popularity of these flavored soft drinks. The possible impact of this factor will be addressed later in the case.
The European Vice President of United Cereal (UC), Lora Brill, is confronted by a dilemma: to launch a new product called Healthy Berry Crunch as the first ‘Eurobrand’ or not. A wrong decision may destroy her career, especially since Healthy Berry Crunch is not only a new concept of healthy cereal, but also a pioneer of United Cereal’s Eurobrand, which is different from the company’s usual standards. On the other hand, if she makes the right decision, she may be able to grow the company to a whole new level.
Paperclips are an everyday use in today's world. They hold our papers together, when we don’t want to use a stapler that will poke the unwanted holes into our paper. They also keep our papers organized and neat. There are many types of paper clips that were created, but only a few really were the ones. Over the many years, since ancient Eurasia, the clip has made its way through many patents, inventors, machines, and much more. There are many different colors, sizes, forms of paper clips.
There are many pro’s and con’s of test marketing a product before manufacturing, promoting, and distributing it on a national scale. Firms may decide to use the test marketing process to gauge the viability of a product before investing millions in mass production. This process can provide useful information that can be applied for a more successful launch. There are several advantages and disadvantages that can come with this test marketing process, though.
The first step for Pepsi Cola to undertake is to generate ideas for the new product. There are many different alternative ideas available to help Pepsi through this process. They shoul...
Pepsi Blue was first test-marketed in Bahrain for three reasons: first, the majority of residents drank Pepsi; second, regional marketers and bottlers had already begun re-evaluating the effectiveness of the company's white logo (which didn't work well in their market); and third, the city was a small test market with a tightly controlled sample population. The Pepsi Blue logo, tagline and new marketing materials were rolled out in half the market and its results were highly successful. Purchasers liked the new logo design and the majority believed that the packaging had improved and the taste remained the same. For those who believed that both the taste and packaging were different, the majority enjoyed the "new" taste.
via promotional stalls and kiosks to create brand awareness and allow customers to first hand taste
Tic Tac has been one of the most successful brands in the breath mints industry for a very long time now. The brand is recognized in almost all the countries of the world now. Throughout the last few years, Tic Tac's products have been modified and extended in numerous ways. To generate attention in the market, Tic Tac came up with a catchy jingle, "Put a Tic Tac in your mouth and get a bang out of life!", during the year 1969. In the early 1970's, they worked on a product line extension by adding cinnamon-flavored red mints. Subsequently, they introduced another line extension, tangerine flavored orange mints, which was a crowd pleaser. To fit the growing health craze, the product was repositioned in 1980's as the “Calorie Breath Mint”. The
This feasibility study is focused only on candy products in the market of Davao City.
It's a hot day and I hate my girlfriend. We're playing Scrabble. That's how bad it is. I'm 24 years old, it's a blistering hot Sunday afternoon and all I can think of to do with my life is to play Scrabble. I should be out, doing exercise, spending money, meeting people. I don't think I've spoken to anyone except my girlfriend since Thursday morning. On Thursday morning I spoke to the mailman.