Mkt-421: Target Market For The New Product Line

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Marketing final paper MKT/421 Jeff Lewis 1/13/2014 Introduction In this part of our marketing plan we will talk about the different segments within the target market that will make up our target market for the new chocolate dipped oranges and cherries line. The criteria that we used to create our target market and why we segmented the way we did. The differentiation and positing of the new product line as well the stage of the product life cycle that sharies berries is in and how sharies barriers moves through the product life cycle each month in order to offer unique products to its old and new customers. Segmentation criteria Sharies Barriers is an online only shopping site they do not have a physical store where people…show more content…
In this case a large part of the choice is going to be based on buyer feedback and price. Sharies berries has a survey that they ask all of their customers to take on the website and then Sharies berries posts the feedback on the website for new and old composters to see in the form of a parentage. At this time the company is at 94% and has 4 and one half stars out of a five star rating("Sharies Barriers", 2014).... Because this is an online only store there feedback and rating are going to be the number one thing new customers look at if you have a low satisfaction rating then people will not trust the company, then the price of the item compared to everywhere else who offers the same type of items in this case edible arrangements. It is for this reason that we are offering coupons to our new commuters as part of our promotion of the new product…show more content…
Sharies Berries pass through the product life cycle once a month. At the beginning of each month they recreate there product in to a new product and market it as the new special, this is a big hit during the holidays. And Sharies berries still allow people to order past special items in there costume creations area truly giving it customers the best of both worlds. For example Sharies barriers is promoting Valentine’s day gifts right now but still have the what they call classic styles still available to their customers to use for birthday gifts and other such

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