Analyse consumer behaviour, Financial Management

Assignment Help:

Eatmore & Green Pty. Ltd (Australia) is a successful medium sized marketing consultancy for Australian agricultural products and Australian sourced organic, natural beauty/cosmetic/baby and spa products.

It  represents many  small to medium producers of Meat processors (principally beef and lamb and recently kangaroo) and Stone Fruit growers. It was started in 1990 by 2 partners - Tom Eatmore and Bill Green with strong agricultural product marketing experience in the Australian marketplace and a recently developed interest in organic natural "green  beauty/cosmetic products, which are now handled by Bill's daughter Suzy Green - a graduate in International Business. At this stage the products they handle are largely marketed to the Australian market with a small export presence in Japan.

They are  looking at expanding into new overseas markets that present opportunities, notably the "Emerging economies" of Asia, Latin America and Africa or some potential Eastern European markets.

Eatmore and Green believe that there are opportunities in organic meats/hormone free/free range etc along with organic Stone Fruits and Apples, and the new  marketing mix products

Eatmore and Green  market their ranges under the following labels.

  • Sunny Valley Meats organic and non-organic
  • Orchard Fresh Stone Fruits and Apples - organic and non-organic
  • Bilgarra Rainforest natural beauty/spa products for adults
  • Baby Gaa Gaa -  range of natural  massage and cleansing products.

The executives believe that trends and changes in global economies represent new opportunities for the company and their stakeholders/suppliers in overseas markets - principally the "so-called" Emerging Economies. They need to research these markets , identify potential target markets and understand consumer behavior with different cultural contexts and elements in most of these emerging markets.

You are roleplaying the executives from Eatmore & Green Pty.Ltd and you need to undertake the following analysis and review with an  objective to exporting all or some of the product marketing mix the company is responsible for.

  • Identify and then select possible overseas emerging markets* (compare 2 for final report) YOU MUST NOT CHOOSE YOUR OWN PERSONAL COUNTRY OF ORIGIN - LEARN ABOUT DIFFERENT MARKETS.
  • Undertake competitor research in those selected markets
  • Advise on positioning and targeting strategies
  • Advise on marketing strategies - for the differentiated product marketing mixes
  • Undertake market research about possible markets for the company's product ranges products .
  • Investigate consumer needs in other countries, particularly looking at consumer profiles and the influence of culture on the marketing of food products and /or beauty products
  • Assess other influences on consumer behaviour and the marketing of your selected product.
  • Outline how influences on consumer behaviour and cultural considerations will be used to target effective marketing strategies
  • Advise on legal and ethical issues which need to be considered as a part of developing marketing strategies for selected overseas markets

 


Related Discussions:- Analyse consumer behaviour

Working capital management, WORKING CAPITAL MANAGEMENT Working capital ...

WORKING CAPITAL MANAGEMENT Working capital relates to the capital required for daily operations of a business enterprise.  The requirement for Working Capital is omnipresent fo

What are the objectives of financial management, What are the Objectives of...

What are the Objectives of Financial Management To make wise decisions a clear understanding of the objectives that are sought to be achieved in compulsory. Objectives provide

Market capitalization, Market Capitalization : Often referred to as marke...

Market Capitalization : Often referred to as market cap, it refers to the value of a company, that is, the market worth of its outstanding shares. A common misconception is that

Define country’s economic well being enhanced, How is a country’s economic ...

How is a country’s economic well-being enhanced through free international trade in goods and services? As per to David Ricardo, with free international trade, it is mutually adv

What is free cash flow, A financial consultant obtains different valuations...

A financial consultant obtains different valuations of my company when it discounts the Free Cash Flow (FCF) as opposed to when it uses the Equity Cash Flow. Is this correct? N

What are the measures of growth, What are the Measures of growth Sa...

What are the Measures of growth Sales or market share Number of products or markets Employees Profit Number of retail stores

Optimal cash model, Optimal Cash Model: Cash Management is a bigger as...

Optimal Cash Model: Cash Management is a bigger aspect that involves range of functions that assist individuals and business to process their payments and receipts in an organ

How are the hibor, Q. How are the HIBOR, HSI and HSI futures related? T...

Q. How are the HIBOR, HSI and HSI futures related? The HIBOR and HSI are contrariwise related. So futures on HIBOR and HSI are as well inversely related. Display

Role of custodians, Role of Custodians The Securities and Exchange Boar...

Role of Custodians The Securities and Exchange Board of India on 5th May, 1996, through its notification No.S.O.344 (E) has issued the SEBI (Custodian of Securities) Regulation

Problem in computation of retained earnings, Q. Problem in computation of r...

Q. Problem in computation of retained earnings ? Problem in computation of retained earnings: it is sometimes argued that retained earning do not involve any costs. But in the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd