Marketing Research Paper Example | Topics and Well Written Essays - 1750 words

Marketing - inquiry Paper ExampleAs Pete, the new Managing Director, points out customers do not find even locale enticing anymore. Before shops are given a fresh look to make them more attractive, it is inherent to decide which class of the customers, the friendship wants to target at such as business class or young couples who want to pass leisure time or as a local community of interests store working closely with neighbourhood partners as Pete points out. Kotler describes product positioning as an essential merchandise tool to carve a suitable niche as the company cannot hope to serve wholly segments of the market simultaneously. Product positioning will in addition help decide advertising campaign and trade name positioning keeping in mind the targeted class of customers using scarce resources most judiciously. As Kotler emphasizes that the company needs to shift its focus on buyer wants rather than its needs. Product differentiation is a spot strategy that the Roast n eeds to adopt in its services, product offerings with numerous varieties in its menu so that customers have several options to choose from. Thus, distinguishing companys product line from the competition is a gravestone marketing strategy that can play a pivotal role to attract targeted customers. Services also play an important role in differentiating with the competition so the company must focus on it as an integral part of the product differentiation strategy. Employees are considered the biggest asset in any ecesis and they play a pivotal role in success or failure of any ecesis (Schofield, 2006).