Strategic Marketing Plan: Nestle's Healthy Drink in the USA and UK
VerifiedAdded on 2023/04/22
|11
|595
|301
Report
AI Summary
This report provides an analysis of the marketing strategies employed by Nestle for its new healthy drink product, which is designed for gym enthusiasts and individuals with diabetes. The report identifies targeting tactics such as concentrated, differentiated, and undifferentiated strategies. It explores the marketing mix elements in the USA and UK, considering the different business climates, purchasing power, and consumer preferences in each country. The report also discusses business-to-business (B2B) and business-to-consumer (B2C) marketing strategies, as well as international versus domestic marketing approaches, highlighting the challenges and considerations involved in each. The conclusion emphasizes the importance of selecting an appropriate segmentation approach for effectively targeting the product to the right buyers.
1 out of 11