Kinder Chocolate: Marketing Analysis and Strategy Report
VerifiedAdded on 2023/02/01
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Report
AI Summary
This report provides a detailed analysis of Kinder Chocolate's marketing strategies and brand extension plans. It begins by outlining the brand's core values, including loyalty, respect, and a commitment to innovation. The report then explores Kinder's growth strategy using the Ansoff Matrix, focusing on market penetration, product development, and diversification. A key aspect of the report is the proposed target market for a new milkshake product, specifically targeting the 12-60 age group in Peru, utilizing the STP model for segmentation, targeting, and positioning. Furthermore, the report includes a PESTLE analysis to assess the political, economic, social, technological, legal, and environmental factors influencing Kinder's market entry. A comparative analysis is also conducted, contrasting Kinder's approach with that of Nestle in the Peruvian market. The report concludes with a list of references to support the analysis.
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