Comprehensive Marketing Analysis: Kellogg's Cereal Drink in Australia
VerifiedAdded on 2023/04/23
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AI Summary
This report provides a comprehensive marketing analysis of Kellogg's cereal drink in the Australian market. It begins with an overview of Kellogg's presence in Australia and potential market opportunities. The report identifies key market segments, potential competitors like Zenith and Up&Go, and strategies for attracting customers, including targeting remote areas and adjusting pricing. It explores the company's vision, objectives, and pricing policies. The research design involves analyzing past reports and customer preferences. A SWOT analysis reveals Kellogg's strengths (global presence), weaknesses (slow innovation), opportunities (targeting eateries and B&Bs), and threats (competition). The report examines political, economic, social, technological, environmental, and legal factors impacting Kellogg's marketing plan. It outlines short-term objectives (TV and internet advertisements, celebrity endorsements) and long-term goals (market share increase). Finally, the report concludes that Kellogg's can successfully market its cereal drink in Australia by implementing an appropriate strategy.
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