Target Market Assignment

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Target Markets Assignment Identify possible target markets for the following products: (a) Kellogg’s Corn Flakes (c) Disney World (b) Wilson Tennis Rackets (d) Diet Pepsi (A) Kellogg’s Corn Flakes: In my opinion, Kellogg’s is a household brand that is most recognized for producing a variety of cereals. Kellogg’s corn flakes seems to be a healthier cereal that is not coated with sugar or offered in a variety of bright colors and for those reasons, I believe that their target market should be towards males and females who are in their 50’s or older, and are generally within a household with two or more people. Many would consider cereal as a low price items since most are under five dollars. Their target income level would be consumers who are considered to be in the low and middle income earners. In terms of geographic location, Kellogg’s should concentrate more in the areas where there are highly concentrated baby boomers. According to the US News, location in the United States such as Rochester, NY; York-Hanover, PA; and Canton-Massillon, OH to name a few would be good target areas. The baby boomers are nearing retirement and a shift in their lifestyle to remain youthful and healthy can be key to how Kellogg’s corn flakes could capture that market. An expanded look into new markets that will have an influx of baby boomers such as cruise lines can also benefit the company to help promote the corn flakes brand. http://www.usnews.com/news/best-cities/slideshows/the-10-cities-with-the-highest-concentrations-of-baby-boomers/3 (B) Wilson Tennis Rackets: Tennis, in my opinion, is a sport that is great for all ages because it is fun, active, and can be a great family activity. For those reasons, I believe that Wilson tennis rackets has many target markets. Their target markets can be towards children ages 5-17, young adults ages

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