Launch of a product using Environics Software
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Transcript of Launch of a product using Environics Software
Grocery IndustryAnalysis of Target Groups and
Launch Strategy of New Product in Toronto
Group Effort
Target Groups
Target Group I – Online Shopping
Target Group : Online Shopping
• Age group :- 25 - 29 individuals and 30-34 individuals
• Women are more active for online shopping than men.
• Top Three Social Values
• Flexible Families
• Rejection of Authority
• Adaptability to Complexity
• What matters when they Shop ?
• They like to shop latest product before most people know.
Target Group II – Spend Avg (per week) $ 150
Target Group : Spend Avg (per week) $ 150• Age group :- 55 - 64 household maintainer
• Have 3 or more Children at age 20-24
• Annual income is $250,000 or more
• Top Three Social Values
• Rejection of Orderliness
• Legacy
• Ecological Concern
• What matters when they Shop ?
• They are brand loyal .
Target Group III Organic Meat
Target Group : Organic Meat
Financial Concern Regarding the Future
Fatalism
Ecological Lifestyle
Religiosity
50 100 150
128
116
115
78
Top Social Values Ranked by Index for "Organic Meat"
Percentage
Attrib
utes
• Majority of the population 12.69% in the age group 25 – 34 years.
• 32.21% of the households has one person living in them
• 52.88% of the population is not married
• Rental Dwellings – most preferred type of housing
• Average household Income - $71,924.72
• English is the most widely spoken mother tongue
What matters when they shop?
• Price conscious
• Spirituality
Target Group : Organic Meat
Product Strategy
Product
Features & Benefits
• Certified organic
• non-GMO feed
• Ethically raised cage-free
• Frozen
Packaging
• Vacuum sealed
• Maintaining a frozen state for quality is a priority
• Ground chicken & chicken wings (1lb)
• Chicken legs, thighs, & breasts (12 pack)
• Whole chicken (by weight)
Target Group : Organic Meat
Price Strategy
Price
• Average cost of organic meat = $12:30 per kg (Statistics Canada)
• Target group 25-34 years old 12.69% (Index=112) shop predominantly at Walmart, Loblaws, and Costco
• “Ecological Lifestyle”
• Prestige pricing strategy; $0.50 markup
Target Group : Organic Meat
Distribution Strategy
Types of Distribution Channels
Physical
(16,609;6.11%) (15,837;5.82%) (13,275;4.88%)
WILLOW
DALE (O
N)
YORK (ON)
MARKHAM (ON)
SCARBOROUGH (ON)
ETOBICOKE (ON)
200400600800
1,0001,200
1,190969
749
384 318
Areas of interest - Organic Meat Target group
Index
Name of areas
Inde
xDistribution
Types of Distribution Channels
Online - South-Central Ontario
- Amount spent Online(Past Year) $251- $400(Index=125).
- Travel to work by Public transit (Index=137).
Distribution
Marketing Channel
Indirect strategy and Selective
Ecological Lifestyle Young population
Well educatedConscious
Religiosity
Distribution
Target Group : Organic Meat
Promotion Strategy
Promotion
Medium
Medium to Heavy
Heavy Users
0% 10% 20% 30% 40% 50% 60% 70%
0.03410.04890.0489
13% 15%
0.5852
Media Habits Of Target Group
Daily Newspaper Community Newspaper MagazineFlyers/ Inserts TV Stations Others
Percentage of target group
Usag
e Ca
tego
ries
Source : Opticks Vividata Media
As per PRIZM report,
• Tech-savvy
• Frequent stadium
• Nation Pride
• Attracted to Nature
• Commuting pattern
Media Habits and Buyers Behaviour
Tagline : Organic Chicken from Canadian Farms
PromotionMedia Vehicles:
• Flyers / Inserts
• Daily Newspaper • Accessed online = index = 123• Read online = index 119
• Online • Automotive : index = 128• Online Dating : index = 125• Real Estate : index = 123
• PR : Blogs • Laptop / PC used to read blogs : index = 141• Clip mobile coupons : index = 118• Read digital magazine : index = 117
Promotion strategies (Sports and Leisure Data):
• Partnership with Fitness clubs
• Sampling at grocery stores
• Presence at select stadiums
Source : Environics Media Highlights
Thank You