Tuesday, February 22, 2011

Assignment 2 Research

Marketing Strategies for Mexican Paleta Shop


Customer Requirements - Market? Families, Schools, Teenagers

The Right Products to Develop to Meet Customer Needs -Which

flavors would the consumer’s prefer/buy the most? Which product

variation is preferred?

How to Position the Product in Relation to Other Products – Where to

sell/to whom?

The Right Marketing Mix – Is the product right? Is it sold in the

right places?, At the right price?, Is the product promoted in the

right places to get maximum exposure to potential customers?

Advertising your ice cream shop has three levels...



Local advertising, regional advertising and national advertising. They each play a different role in the marketing mix to get customers in the door.

National Advertising

National advertising is generally done through network TV commercials from corporate to boost sales and increase brand awareness or introduce a special product. While this can be very effective it generally requires that there be a large number of franchise locations throughout the U.S. for it to be cost effective on a national level.



A McDonald's commercial during the Super Bowl would be an example of national advertising. It's expensive but reaches a very large number of people and can be cost effective if your franchise has enough locations.



For most ice cream businesses, this level of advertising just isn't cost effective, which is why you see very few national TV commercials advertising ice cream shops. This type of promotion is reserved for only the largest nationwide chains.





Regional Advertising

Regional advertising can be very effective if you or your franchise has a group of locations in a particular geographic region. For example, if your ice cream shop had other franchise locations throughout Tampa, you could take advantage of regional radio, newspaper and television ads.



This type of advertising usually consists of a combination of franchisee and corporate ad investment. Since you may have other franchisees in your region this could be a good opportunity to cooperate with them and share the advertising costs.



Examples of regional advertising include...

• local television

• radio

• newspaper

• regional magazines





Many franchisees look to develop in regions where other franchisees exist so they can advertise with them and share costs.



This allows you to get broader exposure without wasting money on eyes and ears from people in your region that might be too far from your location.



If you are investigating different ice cream franchise opportunities it's a good idea to find out how your franchise will help you here.





Local Advertising

Local advertising is by far the most common for most ice cream shop businesses. The primary reasons are because it is cost effective and more targeted.



With local advertising you can target a much narrower audience. For example 3-5 miles from your shop. It costs less and you don't waste lots of exposure on an audience you don't need.



Local advertising includes...

• targeted direct mailings

• coupons in local papers

• val-pak marketing

• billboards

• park bench advertising

1 comment:

  1. Very comprehensive - I could even use this information.!! now lets get going with some more intimate research.
    Excellent job!!

    ReplyDelete