Target market analysis, Marketing Management

Assignment Help:

Starbucks has a wide range of target markets across the world. However, this might differ based on the usability level of the product. This project is designed targeting on the younger generations. The lunch pack that Starbucks will sell aims at delivering to the kids who take lunch boxes to the schools.

Primary target market

Primary target market refers to those specific groups of people who can greatly use the specific product and generate revenue to the company that sells it. The primary target market includes the kids in the environment where Starbucks promotes this product. The reason behind choosing the kids groups as the primary target markets for the lunch pack is the widespread usage among these kids. Kids generally carry lunch packs to schools. Parents might feel that the lunch pack of Starbucks would relieve them from preparing lunch and packing for their kids.

Secondary target market

The secondary target market would involve potential future buyers. In addition to the kids who carry lunch packs, there are other groups such as office going people and college going students. These groups do not seem to carry regularly to their institutions. However, they can even act as future buyers of the lunch pack.

This project solely aims at the promotion of the concept of "lunch pack of Starbucks" to kids. The market potential seems to be stronger for the kids groups.

Marketing plan

Type of target market

Size

Establishment

Growth levels

Primary - Kids

Large

Near schools and residential areas

High due to the presence of large number of kids and better awareness

Secondary - College students and employees who carry lunch packs

Medium

Residential areas and near organizations

High provided there are more varieties that would attract them.

Medium, if otherwise.


Related Discussions:- Target market analysis

Three uses of line stretching, depict the concept of line stretching and th...

depict the concept of line stretching and the three uses for it?

What is the importance of customer care, Question: "Customer care has l...

Question: "Customer care has long been a major training requirement for organizations which seek the so-called "sustainable competitive advantage". This comes as no surprise wh

Marketing information systems and the sales order process, To equip future ...

To equip future accountants with the knowledge of integrating the information system of an organization.   Outcome: At the completion of the assignment, students should be able

Jumpin jack flash, what management skills did jack demonstrate as a marketi...

what management skills did jack demonstrate as a marketing manager at the travel products company? What management skills did he demonstrate as a VP at the consumers product firm?

assgnment, #what is personal selling,direct marketing,exhibitions

#what is personal selling,direct marketing,exhibitions?

Importance of advertising in marketing communications mix, Problem 1 Yo...

Problem 1 You are the marketing manager of a bank and you want to persuade the general manager that it is important to include advertising in your organizations marketing commu

Marketing, marketing factors influencing pricing decisions

marketing factors influencing pricing decisions

Political environment - marketing environment, Political Environment: ...

Political Environment: Economic environment is a by- product of the political environment, as economic and industrial policies followed by a nation very much depends on its

homework problem, A trapezoid midsegment measures 6. One of the bases meas...

A trapezoid midsegment measures 6. One of the bases measures 10. What is the measure of the other base? What rule makes this problem solvable

Brand management, what is upward and downward streching of brands

what is upward and downward streching of brands

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