18 Marketing collocations
Name: Karla Yuritzi Flores Linares
Nua: 778081
Answers
Activity 3
Complete
the questions below with the above phrases.
Assuming
that I have a business of tortilla shop.
1. Who is your target market?
The Mexican families of any sector.
2. How does your product or service satisfy the needs of your potential customer?
Offering the best quality of corn and flour in tortillas and other products derived from this product at the best price.
3. Which company has the biggest market share in your industry?
Don not exist specific company, because there are many establishments of tortilla shops, and this is the biggest markets.
4. How long do you usually run an advertising campaign for?
People already know the product, I would focus on apply the marketing to attract customers
5. Is there tough competition in your industry? How do you stand out?
Yes, the tortillas shops and packaged tortillas from supermarkets, I will offering a quality corn and flour tortillas, a fair price, also my suppliers would be the direct producers.
6. What methods do you use to raise brand awareness?
I focus in social media marketing,
and I use the billboard advertising and the loyalty schemes.
I find the product you chose very interesting and I think that in this case there is perfect competition in the market. There are many producers and there is an average price so in order to retain customers, attention is the one that will play the most important role.
ResponderBorrarI think there is a lot of competition already in the market for your product, there the challenge will be first of all to attract potential customers who are interested in selling it, be it grocery stores, miselaneas, etc., who buy from you wholesale and so that they get to know your product.
ResponderBorrarI have the same answers as you, I think your market is very good, quite wide but with many opportunities, since you are talking about a product highly consumed by Mexicans.
ResponderBorrarI feel like starting a company dedicated to making such a popular product is a great idea. You just need to find good outlets and good suppliers.
ResponderBorrar