Build The Ideal Market Segment For Bob’s Red Mill Organic ✓ Solved
Build the ideal market segment for Bob’s Red Mill’s Organic Coconut Flour
Identify the most relevant Demographics, Geographics, Behavioristics, Psychographics, and Benefits Sought for this segment. Explain your decisions.
Explain how the ideal market segment satisfies each of the five criteria outlined in the evaluation of segment attractiveness framework.
Determine the two most important values this customer would consider when shopping for Organic Coconut Flour from Bob’s Red Mill.
Locate a marketing communication (ad, webpage, social media post, etc.) aimed at this customer segment. Assess if Bob’s Red Mill is positioning the product correctly based on this communication, providing a clear screenshot and explanation.
Describe what Bob’s Red Mill should learn about this customer. Suggest marketing research techniques to gather this information and justify your choices.
Propose a hypothetical but realistic service that Bob’s Red Mill could offer related to Organic Coconut Flour. Identify which of the four factors that differentiate services marketing from product marketing would most impact this service, explain why, and suggest ways to overcome this factor.
In the example given, Bob’s Red Mill launched its new product line – Bob’s Bar. Determine which pricing strategy the company appears to be using, explain your reasoning and justify your answer.
Identify the likely channel conflict Bob’s Red Mill might encounter with their distribution. Provide a realistic example and discuss how to manage this conflict effectively.
Explain Bob’s Red Mill’s current level of distribution intensity and justify your assessment.
Discuss the specific sales/retail channels through which Bob’s Red Mill is selling and promoting their products. Explain the challenges they might face marketing through multiple channels and how these could be addressed.
Name three retailers that carry Bob’s Red Mill products. Categorize each retailer type and justify why partnering with each makes sense for the company.
Share three screenshots of different examples of integrated marketing communications from Bob’s Red Mill across various channels. Identify the goal of each based on the AIDA model, providing explanations.
Share three advertisements for Bob’s Red Mill products (or competing products). For each, classify it as informative, persuasive, or reminder advertising and justify your classification.
Find a sales promotion for Bob’s Red Mill’s Bob’s Bar (include a screenshot). Identify the type of promotion, its purpose, and how it is designed to achieve its goal, with supporting explanation and justification.