Professional Documents
Culture Documents
Paredes
MBA21
Market Development What need do they want to satisfy? Opportunity to develop wide array of
flavors
Market Availability Does customers willing to spend more Opportunity to develop nutritious
money for candies that meet their dietary products to cater health-conscious
requirements? consumers
Threats of new entrants
Threats of dental problems
2. COMPETITOR Current Competition Who is Annie’s Candy real competition? Opportunity to be creative and design new
concepts
Competitive Landscape What image do people have of your brand Opportunity to expand your credibility
vs your competitors? through product diversity and offerings
Do they offer regular discounts or Threats of losing your market
promotions? Threats of losing your brand image
Intensity of Rivalry How they sell products? Any strange Opportunity for online retail marketing
tactics? Potential to expand globally
3. SOCIO-CULTURAL Values differences Is there any value restriction the product Opportunity to integrate customer values
must be considering? and culture through product promotions
Consumer’s Education Level Does level of education in a society Make viral videos or fun facts about the
affects the interests and sophistication of products online
consumers?
Reference Groups Who usually is the reference group that Targeting opinion leaders and social
influence consumer’s buying decision? media influencer
4. TECHNOLOGY Technology for research development What are the current and future trends that Opportunity to satisfy the local tastes and
could affect our products? cultural flavors throughout the country
5. ENVIRONMENT Going Green Concept Do customers impose and share some
environmental beliefs and awareness?
Opportunity to create a positive image in
the industry
Plastic Waste Reduction What other ways can we adapt to help the
environment be plastic-free?
6. ECONOMY Resource Availability What factors might affect the product’s Opportunity to collaborate with our local
main source of ingredients? farmers for our production
Career Opportunities
7. POLITICAL/LEGAL Food Safety Policies Does it follow certain food standards? Threats of poisoning
INTERNAL