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

Answer to an exercise, dear, I found an exercise on the Internet which coul...

dear, I found an exercise on the Internet which could help me has better to understand the finance, but there were no answers. What is that you can help me has to solve it. I''m fr

Affect the success of a business in international markets, PIAC was apparen...

PIAC was apparently negatively affected by the safety and health concerns of the EU. With 27 countries raising public concern, PIAC's corporate image is likely to have been spoilt

What do you meant by yield, Q. What do you meant by Yield? Investment s...

Q. What do you meant by Yield? Investment should be in such securities which yield the highest return. However, safety should not be sacrificed at the expense of yield. How

Define the constructive receipt, Q. Define the Constructive Receipt? Co...

Q. Define the Constructive Receipt? Constructive Receipt - A taxpayer is considered to have received income even though monies are not in hand, it may have been set aside or ot

Integration of economic, a) Globalisation refers to the interdependence and...

a) Globalisation refers to the interdependence and integration of economic, social and politic issues (services, goods, people and capital), across the world. For example, consumer

Callability, It is a feature that allows the issuer to redeem its bon...

It is a feature that allows the issuer to redeem its bonds before maturity. Almost all convertible bonds come with this feature. Due to this feature, bonds carry

Why do analysts calculate financial ratios, Why do analysts calculate finan...

Why do analysts calculate financial ratios? Ratios are comparative measures.  For the reason that the ratios show relative value, they permit financial analysts to compare inf

Managerial Decision Making, I need to get a good understandin about what th...

I need to get a good understandin about what this means?

Legal framework-asic, Legal Framework ASIC, in order to equip itself wi...

Legal Framework ASIC, in order to equip itself with its wide-ranging functions, is empowered with additional resources and new legislative powers. Towards this, the Australian

Changes in exchange rates, Q. Changes in exchange rates? The law of one...

Q. Changes in exchange rates? The law of one price proposed that identical goods selling in different countries should sell at the same price and that exchange rates relate 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