Hershey’s which was also known as Hershey Foods Corporation is one of the oldest and largest chocolate manufacturers in the United States advertising Hershey’s Special Dark, which replaced the sweet chocolate bars by Hershey’s in early 1970s. The positioning of Hershey is quite high and the geographical target is global in the chocolate market due to the quality and the standard of their products. Hershey’s adopted a differentiation strategy in its products quality to create a better position in the minds of their consumers and to give it a different look and taste from that of the competitors in the chocolate industry.
Its products are widely available and are enjoyed by many but its market focuses on age targeted market mainly on children and adults including all income groups (Food : Company spotlight : Hershey, 2010) . A research in chocolate consumers showed that adults consume 55% of the chocolate sold therefore by demographics they market their chocolates to adults. Their products are available across sixty countries and has competitive price strategy which makes it available and affordable to all income groups. Its sells its products through wide distribution channels including department stores, retail stores, drug stores, grocery stores and so on.
This particular advertisement focuses on Dark chocolates which provides a greater competitive advantage for the company because according to the studies dark chocolates provide greater health benefits and its consumption has become much more of a trend. The advertisement allows the customers to connect with the products by recognising the pleasure and the health benefits of having Hershey’s special dark chocolate.
Advertisement 2 : Ferrero Rocher
Fereeo chocolates: Ferero Rocher (http://www.fererochocolates.com)
Ferrero Rocher provides premium quality chocolates produced by an Italian chocolatier Ferrero which was introduced in 1982. Within few years it became very popular and favourite chocolate treat for many because of its uniqueness. The positioning of Ferrero Rocher is among high and middle income groups because of its classy and premium quality of chocolates. It is available in many countries but it marketing strategy focuses on selling its products mainly in European countries. Ferrero Rocher is considered as a premium chocolate brand with wide targeted group including all age groups and high income groups. However, According to Rocher people from other income groups also buy Ferrero Rocher because it is considered as a perfect present (“Ferrero Rocher’s SWOT analysis” academia, page.1,para.16).
Ferrero Rocher has connected itself with pleasure and with special occasions such as Christmas because it’s sales promotional objectives, its innovative packaging and advertising. The company invests a lot in advertising focusing mainly on traditional ways of advertising its products through media like television and newspapers. This particular advertisement focuses on providing royalty experience because of its golden colour and elegancy which attracts women and children towards it and also makes it a product which can be used as a perfect gift for someone.
Advertisement 3 : Mars
Mars chocolate bars: Mars (http://www.mars.com/global/brands/chocolate.aspx)
Mars is a global manufacturer of confectionery started in 1911 which provides wide range of products like snickers, 3 musketeers, Milky Way, Maltesers, M&Ms etc. Mars opened mars centre for cocoa science in order to produce better cocoa which would result in better chocolate quality. It has a global positioning and focuses mainly on adults and children and includes all income groups of the society.
Mars products are available across the globe and also became the first chocolate to be taken in space by the astronauts. Mars adopted a low cost strategy to reach its customers and advertised their products as energy
Related Documents: Essay about 5 brands of similar products
Fiew BRAND DECISION CULTURE Millennials (80 m illion in the U.S. alo ne) Estimated spending of $200 billion annually by 2017 Want to participate in campaign and marketing Strive for healthy lifestyles Want acceptance from friends Highly involved in social media and technology Heavy reliance on smartphones Interest has a short life cycle Causes for quicker turnover in products Look to celebrities and influencers for guidance Support sustainability and eco-friendly BRAND DECISION…
new concepts with the most innovative technology at our disposal. Coupling our innovations with cutting edge ideas, we have developed a new product to our distinguished line of personal appliances and would like to introduce the new ElleG “ABrew”. A single brew coffee system without the need for individual cups. Support of Mission Statement This product fully supports our steadfast mission of enabling consumers to improve the quality and convenience of their lives by providing high…
in Malaysia that offers hundreds of local and international fashion brands ranging from the high-end local designers to mass-fashion labels. With many brands offered on the website, Zalora Malaysia is able to offer reasonable price for their products sold on the website to their customers as they focused more on local brands on their website. Other than that, Zalora.com.my provides attractive promotions where price of a product may be lower than the price in retail store and thus, gives great savings…
Grow the store base in North America, primarily United States • Open additional stores outside North America • Increase awareness of the lululemon brand and apparel line • Incorporate next-generation fabrics and technologies in the company’s products to strengthen consumer association of the lululemon brand with technically advanced apparel products and enable lululemon to command higher prices for its apparel…
market is an established market with a lot of strong brands. There are several key characteristics of the market, which is essential for the development of Michel et Augustin Cookies: * Growth of French cookie market is driven by a rising interest in quality rather than increasing volume. * Due to increasing returns to scale, undifferentiated small players have lower chances to compete with larger firms. * Artisanal confectionery products like pastries, traditional treats and macaron are…
principles of targeting and give two examples of a targeted market. 3. Discuss what is meant by positioning using two example of a business positioned in differing market sectors Marketing consists of a range of techniques designed to sell a product/service. It focuses on customers and their needs, firms generally undertake research aimed at finding out about their customer’s requirements. A well planned marketing campaign involves a range of methods including; market positioning, Market planning…
Case 5: UNDER ARMOUR 1.What is your assessment of the strength of competitive pressures stemming from rivalry among Under Armour, Nike and Adidas-Reebok? The Rivalry among competing sellers of sporting goods such as Under Armour, Nike, and Adidas-Reebok is strong and likely to intensify. The rivalry among sporting good sellers of energy will keep growing and will become stronger in coming years. Under Armour. Nike, and Adidas-Reebok have similar or competing product offerings and that…
basket fixed on the shelves carry organic honey product. The length of the section from left to right is 8 ft. 4) There are different brands in this section but most of them are from Smucker’s. Some of them are from the generic brand, Kroger. 5) Smucker’s Concord Grape Jelly is on the 4th shelf. There are 4 products facing out, and we can see their tops and their labels. There are 16 items total for people to purchase. The products behind the products are placed disorderly, so I cannot really…
in their lifetime, yet this product as remained mostly undermarketed with only 5 million dollars spent on customer advertising for 15 billon dollars in revenue for the industry. In 1988 the industry saw a major change with the introduction of Du Pont’s Stainmaster carpeting, which allowed it to gain a strong foothold and marketing advantage within the industry. But there are still some issues that the company needs to address; mainly 1) the best use for its brands 2) the impact of the competition…