Understanding consumer behavior is a vital and complex task

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Healthy Bites
Consumer Behavior
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INTRODUCTION
Understanding consumer behavior is a vital and
complex task. It can easily be understood by applying
specific management concepts. As a new business
enterprise, Healthy bites must focus on:
Market segmentation
Positioning
Perceptual Mapping
It should also emphasize on suitable market entry,
Product life cycle management, Brand equity
management and product line management.
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BUSINESS OVERVIEW
The organization is named ‘’Healthy Bites.
It produces healthy burgers with high quality natural
ingredients.
It develops healthy product as Americans are facing health
issues (Blossom & Frohlich, 2019).
Its product are priced higher.
It aims at fulfilling food cravings by providing healthy
alternative.
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SEGMENTATION
Market segmentation for Healthy Bites:
Demographic segmentation
Income level: It focuses on customers prevailing in middle income
group.
Age: It targets customers below 19 years of age (Lardieri, 2018).
Psychological segmentation
It emphasizes on customers with high spending habits.
Behavioral segmentation
It targets customers that are health focused (Loveridge, 2012).
Geographic segmentation
It focuses on individuals residing in Urban areas (Weinstein, 2013).
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POSITIONING
Positioning strategies for HEALTHY BITES :
Internet marketing
It is less time consuming.
It can be done 24*7.
It is best suitable as it has
high internet users in United States
Word of mouth Marketing
It is most trustworthy among the customers.
It involves no cost (Sajeesh, 2010).
Sales promotion
Distribution of pamphlets will be best suitable.
It helps in continuously reminding the Americans (Clement, 2019).
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PERCEPTUAL MAPPING
It depicts the perception of the customers towards the brand.
(Pinterest, 2019)
Healthy Bites is perceived as ‘High Price-High Quality’ brand.
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ENTRY STRATEGY
Following two are the best possible option for market entry
of Healthy bites:
Direct selling
Incur less time
Direct dealing with the customers
Ease in developing positive relation with customers
Early satisfaction of needs
Providing early solution (Poon, 2012)
E-Business
Reduces business risk failure
Economical.
Higher availability (Gloor, 2012)
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PRODUCT LIFE CYCLE MANAGEMNT
It focuses on four stages of product life cycle.
These are introduction, growth, maturity and decline.
It helps in enhancing sales.
It assist in minimizing waste (Stark, 2015).
BRAND EQUITY MANAGEMENT
It helps in attracting customers.
It can be achieved by:
1. High customer involvement
2. Continuous differentiation (Keller, 2010)
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PRODUCT LIFE MANAGEMNT
Initially, it should focus on a single product line.
Later, it can develop an additional product line
of ‘Drinks and beverages’.
Its additional product line must not affect its
quality status (Luo, 2011).
CONCLUSION
It must emphasize on effective business
strategies.
It must enhance customer knowledge.
Hence, it can be a profitable business.
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REFERENCES
Pinterest. (2019, September 3). Discover ideas about Maps. Retrieved September 3, 2019, from Pinterest:
https://www.pinterest.com/pin/52776626867728989/
Blossom, L., & Frohlich, T. (2019, January 7). The Most Serious Public Health Issues America Is Facing Today.
Retrieved from MNS: https://www.msn.com/en-us/health/medical/the-most-serious-public-health-issues-america-is-
facing-today/ss-AADHRmP#targetText=1.,up%20from%2030.5%25%20in%202000.
Clement, J. (2019, August 20). Internet usage in the United States - Statistics & Facts. Retrieved from Statista:
https://www.statista.com/topics/2237/internet-usage-in-the-united-states/#targetText=With%20over
%20312%20million%20internet,do%20not%20use%20the%20internet.&targetText=As%20of%202019%2C
%2040.61%20percent,States%20originated%20from%20mobile%20devices.
Gloor, P. (2012). Making the e-business transformation. Springer Science & Business Media.
Hawkins, D. I. (2010). Consumer behavior. NY: McGraw-Hill.
Keller, K. L. (2010). Brand equity management in a multichannel, multimedia retail environment. Journal of
Interactive Marketing, 24(2), 58-70.
Lardieri, A. (2018, May 22). https://www.usnews.com/news/health-care-news/articles/2018-05-22/study-teens-
exposed-to-more-junk-food-ads-eat-more-junk-food. Retrieved from US News:
https://www.usnews.com/news/health-care-news/articles/2018-05-22/study-teens-exposed-to-more-junk-food-ads-
eat-more-junk-food
Loveridge, R. &. (2012). Theories of labour market segmentation: a critique. Springer Science & Business Media.
Luo, L. (2011). Product line design for consumer durables: an integrated marketing and engineering approach.
Journal of Marketing Research, 48(1), 128-139.
Poon, P. A.-F. (2012). Managing trust in direct selling relationships. Marketing Intelligence & Planning, 30(5), 588-
603.
Sajeesh, S. &. (2010). Positioning and pricing in a variety seeking market. Management science, 56(6), 949-961.
Schlosser, E. (2012). Fast food nation: The dark side of the all-American meal. . Houghton Mifflin Harcourt.
Stark, J. (2015). Product lifecycle management. In Product lifecycle management . Springer, Cham.
Weinstein, A. (2013). Handbook of market segmentation: Strategic targeting for business and technology firms.
Routledge.
Yeap, W. K. (2011). A computational theory of human perceptual mapping. Cognitive Science Society.
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