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split the world into five major segments; Mainland China, Hong Kong and
Macau, North America, Australia and New Zealand, and Singapore.
Out of these groupings, Mainland China remains the most important segment, as it
has the largest population, a growing middle class, and a low level of consumer
identification with the Vitasoy brand.
This low level of saturation makes the mainland a more attractive area of expansion
than Hong Kong, as there is a much
larger proportion of the population that can be tapped
Demographics: We have aimed to target all ages, all income levels, and
continue to establish our products as naturally inclusive; appealing to people
from across many demographics can enjoy this product.
The company has been especially focused on attracting the youth to Vitasoy products
so that we can build long-term relationships with these customers for decades.
Making an impact on young consumers is crucial for our long-term
sustainability.
Behavioral:
by focusing on people who are less committed to the Vitasoy brand, we have much
more potential to grow.
We hope that there will be a positive spillover effect for our loyal users. While our
commercials are aimed at attracting new customers, they will also have the benefit
of reaching loyal customers, and reinforce their level of satisfaction with our brand.
to adult
Targeting
aims to target the low loyalty, light use,
low brand recognition, and high potential consumers.
We acknowledge that targeting our most loyal customers is unlikely to result in high
returns, as these
consumers are usually near their upper limits in consumption potential.
Instead, by focusing on people who are less committed to the Vitasoy brand, we have
much more potential to grow.
In addition, we hope that there will be a positive spillover effect for our loyal users.
While our commercials are aimed at attracting new customers, they will also have
the benefit of reaching loyal customers, and reinforce their level of satisfaction with
our brand
Positioning
We hope to achieve a level of brand positioning in which we can
reinforce a sense of nostalgic familiarity for parents, and bridge the generation
gap between children and adults.
It is important to the long-term success of the company that our consumers are
aware of the health benefits associated with the Vitasoy brand. Finally, because they
are one of our most critical demographics, it is critical that we maintain a brand
image of youth-friendliness in order to attract new and youthful consumers.