This document discusses marketing decisions for Kraft singles in targeting millennial moms. It recommends focusing on convenience and health, leveraging emotional attachment, maintaining product diversity, and utilizing both online and offline channels for promotion.
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Running head: MARKETING DECISIONS Marketing decisions Name of the student Name of the university Author note
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1MARKETING DECISIONS Question: 1 In making the brand messaging compelling to the millennial moms, it is recommended that Kraft singles should target the convenience and health. This is due to the reason that according to the survey results stated in the case study, it is identified that millennial are more attractedtowardsachievingconveniencesoverothers.Inaddition,theyarealsohaving preferences for the healthier product with low process forms and fresh. Moreover, it is also stated that the majority of the millennial moms are more aligned towards using smartphone and online content (Fenich et al., 2014). This is also denoting that they are more concentrated towards gaining conveniences in services. Thus, positioning the Kraft singles as a convenient option for the millennial moms in terms of preparing food along with being a healthier option will help to pose a compelling statement to the target customer segments (Eastman, Iyer & Thomas, 2013). Millennial moms will find it easy in preparing their food in less time and ingredients with the help of Kraft singles and it will also influence their loyalty in the long term. The market positioning of Kraft singles should be based on healthy benefits and convenience. Question: 2 The result of the prior launches of Kraft such as Mio is positive considering the fact that it shows increase by 350 percent of sales within the first year of introduction. However, from the analysis of the launch process of Mio, it is identified that convenience factor of the target male customers is given the most concentration. This is due to the fact that in the case study it is stated that the positioning of the Mio in terms of various flavors, mess free package and convenient sizing helped in targeting the busy millennial. Thus, in the case Kraft singles, packaging should also be given major focus (Serazio, 2015). This will ensure that not only from the core product
2MARKETING DECISIONS variables but the millennial moms will gain convenience from the external factors of it also. On the other hand, it is also identified that Kraft leveraged on the emotional selling proposition in selling their peanut butter to the millennial moms by associating the years of trust of their previous generation with this product. Thus, in the case of Kraft singles also, this emotional attachment will be productive due to the reason that Kraft singles cheese is there in the market from many and previous generations are more associated with this brand. Hence, the millennial moms can be communicated about the how their previous generations had trust in using Kraft singles and thus it is not applicable and suitable for their use also (Farrell & Hurt, 2014). Question: 3 It is identified that Kraft foods are available in different supermarket chains, wholesalers, supercenters, convenience stores, value stores and drug stores. Thus, in terms of the offline stores, penetration is higher with number of touch points. Moreover, it should be noted that higher offline market penetration will also help Kraft singles in getting the accurate real time data from the customers (McDonald, 2015). However, on the other hand, online presence is also important due to the reason that millennial moms will be targeted and they can be catered effectively by offering convenience. Hence, it can be concluded that lack of online channels will affect the messaging intensity of Kraft singles and it will also contradiction with their proposed messaging approach. This is due to the reason that on one side, Kraft singles will be positioned on the basis of convenience and on the other hand, online facilities will not be available to the targeted customers.
3MARKETING DECISIONS Question: 4 One of the major innovations that are recommended for Kraft Canada is in terms of packaging. This is due to the reason that packaging holds an important role in determining the preferences of the customers. In the case of Kraft singles, it is recommended that they should come up with low cost packaging that can prevent the degradation of quality of the cheese for longer period. Initiation of the low cost packaging material will help Kraft singles in offering in competitive price in the market. On the other hand, if the packaging materials can be made for long purpose usage, then it will also help in increasing the validity of the products, which will further contribute in enhancing the customer conveniences (Valentine & Powers, 2013). It is also recommended that innovation should also be initiated on the basis of product quality by increasing the nutritional value and lasting validity without using the artificial preservatives. This is also important due to the reason that majority of the food products in the current time are added with artificial preservatives for increasing their lasting period. However, the millennial from Canada are strictly against the usage of preservatives. Thus, Kraft singles should have the innovative approach in maintaining the longer lasting period of the cheese without using the artificial preservatives. Question: 5 Traditional customer groups still hold more than 70 percent of the market of Kraft singles and thus they cannot be alienated due to the increasing focus on millennial. Thus, it is important for them to ensure that their traditional customer base is not getting alienated. It is recommended that product diversity in terms of flavors should be maintained in order to cater both the target segments (Ogebeide et al., 2013). This is due to the reason that with the help of the various
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4MARKETING DECISIONS flavors, taste and preference patterns of both the segments can be targeted. For instance, jalapeno cheese flavor will be more targeted towards the millennial and existing flavor is for the traditional customers. This will ensure that expectations of both the segments will be fulfilled and no one will be alienated. Moreover, it is also recommended that Kraft Canada should have the Omni Channel approach of promotion in communicating with their target customer segments (FuentesFernandez,Vriesekoop&Urbano,2017).WiththehelpoftheOmniChannel promotional channels, both online and offline mediums will be leveraged. Promotion through online mediums will help Kraft to cater to the millennial due to their time being majorly spent in online sources and offline mediums will continue to cater to the traditional customer bases.
5MARKETING DECISIONS Reference B. Valentine, D., & L. Powers, T. (2013). Generation Y values and lifestyle segments.Journal of consumer marketing,30(7), 597-606. Eastman, J., Iyer, R., & Thomas, S. P. (2013). The impact of status consumption on shopping styles:Anexploratorylookatthemillennialgeneration.MarketingManagement Journal,23(1), 57-73. Farrell,L.,&Hurt,A.C.(2014).TrainingtheMillennialGeneration:Implicationsfor Organizational Climate.E Journal of Organizational Learning & Leadership,12(1). Fenich, G. G., Scott-Halsell, S., Ogbeide, G. C., & Hashimoto, K. (2014, July). What the Millennial generation from around the world prefers in their meetings, conventions, and events. InJournal of Convention & Event Tourism(Vol. 15, No. 3, pp. 236-241). Routledge. Fuentes Fernández, R., Vriesekoop, F., & Urbano, B. (2017). Social media as a means to access millennial wine consumers.International Journal of Wine Business Research,29(3), 269- 284. McDonald, N. C. (2015). Are millennials really the “go-nowhere” generation?.Journal of the American Planning Association,81(2), 90-103. Ogbeide,G.C.,Fenich,G.G.,Scott-Halsell,S.,&Kesterson,K.(2013,October). Communication preferences for attracting the millennial generation to attend meetings and events. InJournal of Convention & Event Tourism(Vol. 14, No. 4, pp. 331-344). Taylor & Francis Group.
6MARKETING DECISIONS Serazio, M. (2015). Selling (digital) millennials: The social construction and technological bias of a consumer generation.Television & New Media,16(7), 599-615.