The aim of this assignment is to study the present marketing mix of Poppets and depict a possible, future strategy.

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Dwain Nicely        Poppets assignment

The Aim

The aim of this assignment is to study the present marketing mix of Poppets and depict a possible, future strategy. I intend to do this by researching the background information of Poppets and find out the existing flavours, what size packets are sold and who makes them. I am then going to investigate to existing marketing mix of Poppets using websites, textbooks I have obtained and notes I have taken. I am going to look at the marketing mix thoroughly so I know exactly what the marketing department do and why.

        After I have completed exploring the Poppets marketing mix I will then analyze the data from the OCR questionnaire and classify the main strength and weaknesses of the marketing mix Poppets use. This will help me to suggest a potential marketing strategy for Poppets.

        I would like to do both primary and desk research to help me find a possible marketing mix for Poppets. The primary research will be in the form of  a questionnaire or a focus group this will help me find out exactly what the customers want. An advantage of field research is that it is up-to-date and is always relevant to what I am researching. The desk research will help me to find trends in the whole market and to scrutinize past trends to predict the future. An advantage of field research is that it is quicker and easily found; however a disadvantage is that it is not always particularly relevant to what I am researching and it can be out of date.

        I am then going to present these results in a form of graphs and reports outlining the consequences that could happen if I changed the present marketing mix.  This report will point me in the right direction of what exactly I have to do to better the marketing mix of Poppets.

        I am then going to consider all the information I have assembled and discuss the main findings with will help me to decide my recommendations for changing Poppet’s present marketing mix sustaining it with evidence from my research.  

Background

Poppets are small chocolate covered confectionary and come in a number of flavours including mint, cookie, raisin and toffee. They come in two sizes, a    50g box and a larger ???g bag. They were firstly produced by George Payne & Co, a private limited company.

Once George Paynes & Co had sustained their place it the market they brought a factory in Bedddington, London to house their business. Soon they had a good name for quality confectionary.

In 1937 the first Poppet was produced, these were popular and accompanied Just Brazil Nuts and also non chocolate, Just mints.

In 1998 they were taken over by Northern Foods witch is a public limited company so therefore it is much bigger. Northern foods also make Fox mints, and Just Brazils. All of which are aimed at different target audiences. Although Northern Food brought one of Paynes most popular products, Paynes might have seen this as an advantage as they can now expand to design and make new products.

Northern Foods is one of the biggest grocery businesses in the UK and have a stake in nearly every sector of the food market, they expanded to Poppet name before selling it to Big Bear Ltd in 2003.

The target audience for Poppets is mainly teenagers and children. It is also aimed at people who work in offices who need a quick snack to pop in their mouth quickly. The packaging of Poppets is quite bright and in some ways explosive compared to Just Brazils which is a dull brown and tends to seem luxurious as if it was aimed at as a present rather than a quick snack. Just Brazils is also a lot rarer compared to Poppets so it can be seen a luxury.

EVALUATE THE MARKETING MIX OF POPPETS.

The marketing mix involves the four main P’s which are place, product, price and promotion. Poppets and other confectionary business’s use an extra p known as packaging. It is important for companies or all sorts to get the marketing mix exactly right to ensure optimum sales of the product. Another ‘P’ which is not normally associated with the 4 P’s is packaging.

Price

The Pricing of a product is very complex and has to be near perfect to ensure optimum sales; i.e. if the price of the product is too low it may seem cheap to your potential customers and they may go and buy something a little more expensive. If the product is to high its price range may be out of reach for some people. Luxury products such as Flat screen TV’s and Playstation’s tend to use skim pricing to maximize its profits.  

Fast moving consumable goods, like Poppets use penetration pricing. The profit on Poppets is small as they aim for a large market share and hope in the long run their turnover might be high.

As there is a lot of competition for Poppets to hold their weight against, I decided to research on the price and weight of Poppets compared to other confectionary.

This table shows that Poppet is the best for price in the packet however; it is most expensive in price per gram. Although I have overlooked factors such as quality of chocolate, how much in a pack and cost to manufacture. I find these results both relevant and fairly accurate.

For some extra research I decided to ask ten males and ten females of different ages if they were prepared to pay 34p for a packet of Poppets which is the price where I live. Here is the results, including a Pie chart.

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Both the graph and table shows that the majority of customers, regardless of their gender or age are happy to pay 34p for a packet of Poppets. This shows have priced their product well; keeping a competitive price whilst pleasing the customers.

Place

Firms have to find the most cost effective way in getting the product to the consumer. The product has to be in the right place for people to hear about it and see about it. Going through wholesalers and ...

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