ben & jerry presentation

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CONSUMER BEHAVIOR

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Page 1: Ben & Jerry Presentation

CONSUMER BEHAVIOR

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• Edward Kelly• Lindsay Clark•Milton Dean• Kelly Edwards• Fernanda Luna

GROUP MEMBERS

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COMPANY DESCRIPTION

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COMPANY DESCRIPTION

Time Event

1978 Carrying pints around in Volkswagen

1985 Ben & Jerry’s Foundation created

1987 “Cherry Garcia” flavor formed

1994 Across the seas – United Kingdom

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MARKET SEGMENTATION

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MARKET SEGMENTATION

Behavioral Segmentation

Certain Occasions Variety Individualist

ic

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MARKET SEGMENTATION

PsychographicSegmentation

Indulgent Enthusiast

s

Vicarious Victors

Just-Another

Joes

Bens & Jerrys

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TARGET MARKET

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TARGET MARKET

Target #1WomanBetween ages 35-55Has a family

Target #2WomanBetween ages of 21 –

30Unmarried

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MARKETING MIX

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Product:

Strange flavor names Ingredients: fair trade

Distinctive packaging and use of colors

Same packaging used in international markets

MARKETING MIX

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Product:

Use of colors: Black lid: Regular ice

cream Green lid: Fat-free ice

cream Blue lid: Greek frozen

yogurt

MARKETING MIX

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Price:Convenience product

Not so expensive

Differentiation strategy (unique flavors in the market) Upper level pricing of

the category

MARKETING MIX

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Price:

MARKETING MIX

Source: Walmart

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Promotion:

MARKETING MIX

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Promotion:

Terminology: Swirlfire Chunknator

Webpage: Same colors as the pints How is it made Coupons

MARKETING MIX

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Promotion:

Lick global warmingHubby Hubby

MARKETING MIX

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Distribution:

Stores Big enough to present all flavors Eye-level rack: easier access

Scoop shops Purchase with coupons Ice cream cones, not only pints

MARKETING MIX

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COMPETITIVE ENVIRONMENT

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COMPETITIVE ENVIRONMENT

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PRODUCT PERSONALITY

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Product placementMiddle of the rowEye level

Different colorsCatches eyeHelps people make faster decisions while shoppingRegular, Greek, low-fat, sorbet

PURCHASING THE PRODUCT

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Different namesFun and uniqueAppeals to different types of peopleCuriosity

Television showsAttracts different personalities

PURCHASING THE PRODUCT

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Target Market 1: Caucasian women, with childrenMay see Ben & Jerry’s as a luxury ice-cream to spoil their children

Also could be a brand requested specifically by name from their childrenChildren have a huge impact on buying behavior

Mothers may enjoy having access to history and production of Ben & Jerry’s

MATCHING PERSONALITY WITH TARGET MARKET

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Target Market 2: Women (ages 20-30)Most likely have an emotional appeal, influencing the purchase

Diet conscious women enjoy the color differentiation between regular, Greek, sorbet, and low-fat ice-cream choices

Smaller container available for those who want all the calories, but less temptation

MATCHING PERSONALITY WITH TARGET MARKET

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CONCLUSIONS AND RECOMMENDATI0NS

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Conclusions

Product personality =

BRAND LOYALTY

Differentiation: unique flavors, good quality and fair trade

Convenience product, product must be available at all times

CONCLUSIONS

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Recommendations

Expand to other parts of the world, incorporate other cultures

 Not change the logo name or any of the marketing traits of the brand

RECOMMENDATIONS

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THANK YOU